Crypto Shilling
HI everyone
Hope you are doing well and enjoying this wonderful platform also grabbing BCH
Today when iam doing shilling on twitter at that time i thought what benefits we get by doing shilling in telegram and twitter and also in other social platform, and after i thought why not i need to write article article in this topic so that i can write and can get more information by doing interaction with Friends.
Shilling in crypto very important because it can help to increase the price of a digital currency. This can be beneficial for both investors and digital currency developers. The only negative Aspects of Shilling is only if you're Shilling a False Project that has no economic importance whatsoever in the Crypto Economy.
By creating artificial demand, shilling can lead to real investment which can then drive up the price even further.
Shilling in crypto is a popular trend of promoting any crypto coin through implicit advertising. Shill hopes to push investors about an asset thereby raising demand and spiking the price.
Shilling helps to get more exposure on projects. So, It will pump automatically. It helps individuals to know about a project bro it's the fastest way to make a project known in crypto space.
One thing we all need to understand about shilling is that, In conventional financial markets, shilling is illegal. But however, it is known that the laws governing cryptocurrencies are still being developed. As there are no strict regulations for cryptocurrencies yet, what constitutes a legitimate or unlawful promotion is uncertain.
❔Do you consider shilling as a viable marketing option or do you think most overly shilled projects are usually "empty vessels that make the most noise" and lack fundamentals, hence they engage shillers to create an artificial hype?.. the answer to this is NO!
While advertising crypto projects is not necessarily an evil thing, shilling can have a bad rap, as it can be used to promote scams. The project that was shilled can end in a harmful practice known in the crypto world as a “rug pull.” During the maneuver, crypto developers abandon a project and run away with investors’ funds.
In conventional financial market, shilling is illegal but in the crypto unregulated market, however the practices still continues.
❔Do you consider shilling as a viable marketing option or do you think most overly shilled projects are usually "empty vessels that make the most noise" and lack fundamentals, hence they engage shillers to create an artificial hype?
🤔 Does shilling, either using professional shillers or money-seeking influencers bring-in long term real investors to a project or does it only pump the project for a short term?
🗳️ Share your thoughts 💭 in the comments section so that we can do discussion more and increase our knowledge regarding shilling of different project 👥
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Importance of community towards the Projects
Hi everyone
Hope all of you are fine and enjoying this wonderful platform
Today i was doing work on telegram suddenly i thought why not today i need to write ✍️ about community importance towards the projects.
Community is the building block for every crypto project so their importance to the growth and sustainability of projects cannot be ignored. All the community is an active part of any project that requires due recognition for the part in which they play in the success or not of a project
There is no doubt that community is definitely the backbone of every project, for a project to strive, there has to be a strong community behind it.
There are some communities that doesn't usually share the same Optimistic views along with the Projects aims. Some projects have Community members who doesn't believe in the idea of the Project, all they want is just to make Profits an leaving the Project to its doom.
For instance, when a project shows lapses in its development, I think it is the responsibility of project community to stick to that project to the end because they are the one that can actually bring it back to track
Due to increase in brand awareness, significance of the blockchain industry comes to its peak. For a blockchain business, crypto community is its first and most favourable target which it has to achieve. 😀
But due to the drawbacks of decentralized nature of cryptocurrencies, major of its projects leads to having a great loss. This trend is simply seen in the engaged community of cryptocurrency. Therefore, having unite group or community of cryptocurrency one can easily get benefit through it and can't lose hope also.🤔
❓As you think, is the community responsible towards the success or Failure of the specific project?
🤔 Is it fair enough to sell off the assets for a small profit & abandon the project by the #community even they could have a long ride with the project?
🗳️ Share your thoughts and let's interact because by interaction we can know and discuss about this topic.👥
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compromises and phishing attacks in crypto
Hi everyone
Hope all of you are fine and currently enjoying this platform.
Today we are going to discuss about phishing and attack's in crypto and this news we daily listen 👂.
Phishing is a very dangerous form of scam.Its not easy to escape, Especially those that would appear as related entities.And tracking phishers will be difficult as they are mostly using their own blogs and websites.
Where there's money there are hackers, and blockchain networks are proliferating both. In compromise and phishing attacks, the attacker usually masquerades as a legitimate entity or person to gain the victim's trust.
Some attackers even raise concerns by alerting account owners of "suspicious activity" so that they enter their login credentials on a fake website or blog, etc.
MFA is a simple passive method that project owners and investors can use to secure their cryptocurrency wallets. Passwords for both investors and project owners will further protect their assets. So, even if a user falls for a phishing scheme, a password won't be enough.
But through coding, phishers with the right amount of knowledge and cleverness may be able to scale through the multiple layers of the MFA security protocol.
I really think that gaining the trust of someone you don't know or have no track record of is first giving yourself permission, most hackers these days are successful in their operations because their victims are fooled by their cunning ways.
Also the developers have to find a way to track the hackers and bring them to justice. Also think about ways to prevent future/potential attacks.
Do you think that compromise and phishing attacks can be avoided if the victim is concerned about the security of their accounts or wallet?
❓Should developers find a way to track hackers/attackers to punish them and regain access to compromised accounts and phishing wallets?
You all can interact with me in the comments section so that i know your personal opinion about this topic.
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