Keep your assets safe as the Bull run draws nearer - page 6.

gwaposakon

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

I agree. The safest way to store your crypto assets is still your wallet where you can keep your private keys or seeds. These coming days are interesting to the industry and I bet many hackers will be busy trying to hack exchanges as there are lots of stored cryptos in them. Better secure your assets to avoid losing them.

Muhammad Muneeb

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

we are not in the bull run yet it can be a bull trap as well because whales are more rational than ever. and abuot keeping assets on exchange i will say there is need to do so as we need to buy and sell the token for the trading purpose but i can agree that we should never keep all of our assets on the same exchange. i have lost 4 ETH in the cryptopia now i kept all of crypto in wallets

julius caesar

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It is better to hold all of your coins as of now because halving is coming. Bitcoin price will continuously gonna rise up due to the demand of the consumer because of the said event. Halving will make the supply of bitcoin into half that will probably lead to bull run of it and other coins since they are dependent to the price of bitcoin.

patz22

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i totally agree with you OP, at this times, we have to be really careful! When it comes to storing our crypto in exchanges. Just to share my experience I did hold my tokens IDAX for almost a year and suddenly, and I think all of you know what happened, they exited. So, lesson learned better to hold a wallet where you control everything

Kupid002

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Quote from: deeameea27 on February 08, 2020, 03:46:37 PM

Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

no way ,unless the developer push it to list in exchange and release more money for advertising that can help the coins to be known and increase.
The possible things to happen if the bull market be start , all shit tokens and coins will be dead. Only those who have more communty who can follow the thrend of bull market.

knuckey

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I always remember that after crypto goes to the moon, a lot of FUD are created and lots of exchanges are hacked. Such cases always occur after the bull run ends and it has an impact on falling markets.

I think everyone has understood that it is not recommended to store assets in exchange and there is no reason for that, because the exchange is a place to trade, not to store assets.

minairia3

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Actually this is depend on the exchange capability to have security tighten. Bull run is a day of celebration or most are doing cashing out, and exchanges shouldnt stop them from doing so. Keeping the asset safe is always a priority for everyone and must be do all the times. Either its on the exchange or in your wallet always be vigilant aa scammers will definitely use this time to have some free cash out of your stupidity. This is probably the time most ICOs will be sophisoticated also since the market is drawing closer to bull run.

cytpoway121

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Quote from: Gozie51 on February 08, 2020, 05:18:30 PM

You have a point that is very good and an advise because even when the exchange don't have intention to scam, market pressure like bull run that is continuous can make an exchange collapse. So I think reputable exchange with enough security is better to invest with.

Basically, I agree with you that exchanges don’t usually have intentions to scam.
But if we experience exits from exchanges as reputable as cryptopia then there’s a need to be careful

Ofcourse exchange’s such as binance kucoin bittrex and some other few provides us security
But there are several exchange’s around the crypto sphere

Nonetheless I think it’s a good reminder

kindbtc

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Well risks are always there whether it is bull trend or bears dominating, keeping your assets on a third party platform always involve risk but we have no option i guess and we have to trust otherwise we cannot be in this business, it is just that we should choose good reputed platforms preferably registered with the authorities in the country of operations.

Stanlo

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Quote from: deeameea27 on February 08, 2020, 03:46:37 PM

Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

That's for the team to decide, some projects are waiting for the market to change before listing which is a stupid hope to me because no one can predict when or how the future is going to turn out to be, such projects have weak teams, good teams should be prepared for both

Kvalentine

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Thanks for the advice, its still not 100% certain that there will be a new ATH this year because I think this present market movement is based on Hype, I guess its bitcoin halving hype, nothing more so the question is, after bitcoin halving is over in may will the market still remain bullish? cos one thing is certain, the hype will be over by then

kawetsriyanto

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Quote from: deeameea27 on February 08, 2020, 03:46:37 PM

Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

It is a different case, "listing on an exchange or not" should depend on the team of the project. That's why don't expect too much on new coins because they still have no clear future. Moreover, if you hold shit-coins, bullrun never affects anything on that garbage coins. Shit-coins is shit-coins, they just pollute our wallets.

Gozie51

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You have a point that is very good and an advise because even when the exchange don't have intention to scam, market pressure like bull run that is continuous can make an exchange collapse. So I think reputable exchange with enough security is better to invest with.

passwordnow

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They can also halt withdrawals during the bull run because everyone will be rushing to withdraw their funds. So, before going to that scenario, make sure that your funds deposited there are affordable to lose.
But, the reputable ones? I don't think that they will act like that in this scenario. They will be good because of the fees that they will cater from their users.

ife2020

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Quote from: deeameea27 on February 08, 2020, 03:46:37 PM

Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

Its not actually about the unlisted tokens, its more about the exchanges that often subtle prepare for exits any bull season.

deeameea27

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Do you think on bull run the tokens that are not listed anywhere have any chance to get listed and get a good profit from?

ife2020

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Are you kind to your neighbor? Think it through

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Topic: Keep your assets safe as the Bull run draws nearer - page 6. (Read 658 times)