โ
On the first part of the safety guide you put a lot of reactions. I heard you and prepared the second part.
When you fill out forms to get into Whitelist, or even just following the project, you join official Telegram and Discord groups (other social networks are also possible) and then suddenly you get a personal message that "you won" or "you were selected" or shortly before the token is put on the market, you may receive a message with a token contract.
100% it will be scammers. They monitor users who joined groups and start sending personal messages.
โIn Telegram, we recommend banning them from adding you to groups.
โDiscord has a feature to prohibit private messages.
Don't be afraid to close and delete private messages from unknown contacts, because administrators of the projects you follow will never write to you first.
Sometimes you may get a message about a prize or some other information from the project to your email.
The first thing you should do is to check the sender of the message. In 99% of cases they will say through their official media that they send out a mail to the users and they will say which e-mail it should come from.
Also we want to warn you against downloading any files from e-mails of unknown senders, even text ones, as it can cause installation of malware.
Phishing sites are quite common.
These are copies of project sites, games or entire exchanges, by connecting to them or by signing a contract you can lose your funds. Don't be a "fish".
When you got in the whitelist of any project (or not), you may want to sell your purse or buy another one. To do this, we all use a kind of "markets" - OTC. But, as in any market, here too we will be expected by amateurs of profit. Guarantor can be in collusion with the seller, or the seller can write off your money from the purse purchased. There are many other situations that can arise and bring you a loss. I recommend using only verified OTC and always refer to guarantors and check if the guarantor mentioned in OTC matches with the person you are dealing with.
If you try to combine all of the above in one sentence in this section - check the sources of information very carefully. This will help you save your money.
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Friends, we have a lot of newbies who are just starting out in cryptocurrency. So I decided to make a post about how to do your own analysis of projects. In other words - DYOR (Do Your Own Research).
One post will not reveal in details all the aspects we need to take into account when analyzing. I plan to do a second post like this, but it will depend on what assets you show under this post. It's up to you.
Below we break down the main metrics for DYOR.
On the website, you will always be greeted with a brief squeeze of the project. Be sure to read the white paper to learn all the basic details:
โข What is the project?
โข What are its benefits?
โข What opportunities does the project offer?
โข The project roadmap.
When analyzing the roadmap, pay attention to whether the project is on track. If it is lagging behind, it indicates some difficulty in implementation.
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Funds are analyzed to see who is acting as the guarantor of the project's success?
โข Which foundations have already supported the project?
โข What successful cases do these foundations have?
โข Will the funds be interested in further development of the project and its token?
Having good funds "on board" increases the likelihood that the launch will be successful and the project will have a better chance of getting support from new investors in the future.
A resource for fund analysts and where they invest is Chain Broker
You need to gauge the excitement around the project and audience engagement.
โข How active the project's social networks are: Telegram, Twitter, Discord, Medium, GitHub, and so on.
โข How involved is the team in maintaining social networks?
โข Ambassador Program. Is it active or does it only have a name?
When analyzing social networks, you need to assess not the number of subscribers, likes and reposts, but how active the audience is among themselves. You can write any question in the discord chat and see how quickly you get an answer.
โข Who is doing the reposts? If they make them "real people" and not bots it is a definite plus.
โข Who among the major projects and celebrities is a Twitter follower.
In order to keep track of who is subscribed to the most "important people" and projects, there is a
special resource - CoinGuru.io
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I see that you are interested in the topic of making money from cryptocurrency. Today I will tell you about Ambassador Program (AP)
It can take several weeks or even months from the start of the project search to the market release. Developers are engaged in its creation and promotion. But what is an ordinary user to do all this time? There is a solution - Ambassador programs!
APs are created to attract the interested users, ready to invest time and energy into creation and development of the community.
AP is a way to make money for those who have little or no deposit.
โข to spread hype around the project
โข create a community of interested users
โข to improve the project and find mistakes.
The Ambassador gets rewarded with project tokens or access to private and early sales.
You don't have to be an article-writer or a photo/video masters master in order to join the Ambassador program, other services can do that for you. But the content created by you personally is valued many times more.
The key point in this kind of earnings is NOT how cool you make content, but how quickly you find a good project with an Ambassador program. Since ambs attract a large number of people, speed of action is extremely important here.
About all the features of this type of activity is impossible to tell in one post, so maybe in the future will tell more about this topic.
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HISTORY: ๐ธ๐ป 2 years ago, El Salvador's President bought 80 #Bitcoin for $19,000 each๐
While many were panic selling, he was buying the dip ๐
โจ main โก๏ธ @ALLGATHERING
While many were panic selling, he was buying the dip ๐
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Crypto security tip: Spam scam coins
If you actively interact with your noncustodial wallet, youโll soon start receiving various scam coins in varying quantities.
Scammers use them for a variety of purposesโe.g., to confuse you into sending funds to their wallet. Or to get you interested in the coin and visit their site.
We recommend you never visit sites representing these suspicious scam tokens. Crypto beginners are curious and interested when they see that a few thousand coins were sent to them โjust for funโ; however, donโt believe everything at face valueโ99.99% of the time, itโs to deceive you.
โจ main โก๏ธ @ALLGATHERING
If you actively interact with your noncustodial wallet, youโll soon start receiving various scam coins in varying quantities.
Scammers use them for a variety of purposesโe.g., to confuse you into sending funds to their wallet. Or to get you interested in the coin and visit their site.
We recommend you never visit sites representing these suspicious scam tokens. Crypto beginners are curious and interested when they see that a few thousand coins were sent to them โjust for funโ; however, donโt believe everything at face valueโ99.99% of the time, itโs to deceive you.
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It became known that Amazon also plans to enter into contracts with nuclear power plants to power data centers.
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โ๏ธ๐ Vitalik Buterin criticized the regulation of cryptocurrencies in the United States
On the one hand, the system actually encourages the creation of useless tokens and promises of uncertain profits, allowing in this case to remain outside the attention of regulatory authorities.
On the other - if you provide customers with clear information about their rights and the tokenization of the project, the product is classified as a security with all the consequences, Vitalik noted.
โจ main โก๏ธ @ALLGATHERING
On the one hand, the system actually encourages the creation of useless tokens and promises of uncertain profits, allowing in this case to remain outside the attention of regulatory authorities.
On the other - if you provide customers with clear information about their rights and the tokenization of the project, the product is classified as a security with all the consequences, Vitalik noted.
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There are $12B in #Bitcoin shorts that are waiting to be liquidated.
This is Omega fuel.
โจ main โก๏ธ @ALLGATHERING
This is Omega fuel.
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Justin Sun says gas-free transfers of stablecoins coming to Tron this year.
โจ main โก๏ธ @ALLGATHERING
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Crypto Speak: TPS
In the fast-paced world of cryptocurrencies, speed matters! Transactions Per Second (TPS) measures a blockchain network's ability to process transactions quickly, making it a crucial metric for scalability and efficiency.
For instance, Bitcoin can handle only 3-7 transactions per second due to its Proof of Work consensus mechanism. In contrast, Ethereum processes 15-30 transactions per second using Proof of Stake. Newer blockchain platforms like Ripple boast even higher TPS rates.
Improving TPS is a top priority for developers as it directly impacts network performance, fees, and adoption. Strategies to enhance transaction speeds include optimizing network performance, implementing layer 2 scaling solutions, and exploring new consensus mechanisms. As the crypto space continues to evolve, the race for TPS is on!
โจ main โก๏ธ @ALLGATHERING
In the fast-paced world of cryptocurrencies, speed matters! Transactions Per Second (TPS) measures a blockchain network's ability to process transactions quickly, making it a crucial metric for scalability and efficiency.
For instance, Bitcoin can handle only 3-7 transactions per second due to its Proof of Work consensus mechanism. In contrast, Ethereum processes 15-30 transactions per second using Proof of Stake. Newer blockchain platforms like Ripple boast even higher TPS rates.
Improving TPS is a top priority for developers as it directly impacts network performance, fees, and adoption. Strategies to enhance transaction speeds include optimizing network performance, implementing layer 2 scaling solutions, and exploring new consensus mechanisms. As the crypto space continues to evolve, the race for TPS is on!
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JUST IN: ๐ฉ๐ช German Government sold 76% of its Bitcoin with its holdings down to 13,110 $BTC worth $767 Million ๐
โจ main โก๏ธ @ALLGATHERING
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๐ฐ Bitcoin index falls to โextreme fearโ as BTC fails twice to breach $60K
Bitcoinโs fear and greed index has tumbled to โextreme fearโ for the first time since January 2023, as BTC struggles to reclaim a crucial price level.
โจ main โก๏ธ @ALLGATHERING
Bitcoinโs fear and greed index has tumbled to โextreme fearโ for the first time since January 2023, as BTC struggles to reclaim a crucial price level.
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๐ฉ๐ช After the German sold ALL their bitcoin somebody sent them $1.87 #Bitcoin and inscribed the message โHFSP German governmentโ ๐ ๐
โจ main โก๏ธ @ALLGATHERING
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Why is Crypto So Volatile?Understanding Market Movements
Cryptocurrencies are known for their high volatility. Here's why:
1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.
2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.
3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.
As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.
โจ main โก๏ธ @ALLGATHERING
Cryptocurrencies are known for their high volatility. Here's why:
1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.
2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.
3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.
As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.
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