I usually look for coins with a low to moderately low supply. I don’t often buy coins with multiple billion supply. Although saying that, I have bought $PEPE, SHIB & DOGE.
Very often I am too late to the party. It’s good to get coins before they get listed on major exchanges. It’s often a bit of a lottery, a shitcoin roulette but if you invest small amounts in multiple coins you can do well.
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Probably just OG’s moving from one cold storage device to another due to security concerns or sweeping an old paper wallet to move coins.
Just because coins move it doesn’t mean they are being sold. In fact, most commonly it’s just the owner moving coins from one place to another. These stories always cause FUD but there is no reason for it.
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Good luck to them, Bangladesh isn’t a very wealthy country so I totally applaud anybody who is trying to make a better life for themselves. 1 Bangladeshi Taka is 0.0093 United States Dollar (I Googled) so these people who are buying & holding bitcoin have my absolute respect.
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Meme coin craze is over for now I think. I respect the hustle but Sheep Coin sounds crap if we are being honest. In the early days we had Doge, then we had Shib. There is usually one meme coin that goes crazy every couple of years. I think Pepe was the one this time.
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I guess you can copy reputable people’s trades but if you’re following people with big Twitter followings they are likely to only show you their big wins. Do they post trades BEFORE they are created or AFTER they are closed? If they are bit accounts then they are probably a lot wealthier than you & can afford to lose on trades. Can you?
Just be aware that a lot of social media crypto accounts are grifters, some of them get paid by exchanges to post etc so are the trades even real?
Just be very aware of what you’re doing & don’t trade with more than you can afford to lose.
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We’re probably at a real decisive point in this cycle. Are we transitioning into a new bull market as we now have less than 12 months to the next halving or are we still lingering in the last months of the bear market. Seems we had a sweep of below 26k & bounced a bit. Will be really interesting to see what happens in the next couple of weeks. Hopefully we can break 30k & stay above it in the second half of 2023.
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Where do you think we are on this chart? I would say maybe the 13.5% early adopter stage. I think we have passed innovator stage.
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Not sure how well you’ll do with it. Pepe was a legendary internet meme that has been around for years, it makes a lot of people laugh with the memes online so there’s a reason that did so well & went viral. Floki is just a copy of SHIB, people tried to jump on the coat tails of SHIB. You’ve put the two memes together, hoping they can go viral. I’m doubtful it’ll gain a lot of buyers but good luck regardless.
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I don’t know what I think of it, seems you had a great day with your friend though.
What I thought reading your post, probably wasn’t what you were looking for but you write/type superbly. You should think about writing children's books or something. You have a way with words.
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How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
You are on bitcointalk.org & you are asking if it’s best to save money in good or your fiat bank? Seriously, dude what is wrong with your line of thinking? The answer to your question is neither, deposits in the bank go there to die via inflation & gold is an extinct investment. Save your money in bitcoin, the best performing inflation hedge of the last decade.
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Short term price calls are always so hard to get right regularly. That's why I trade after long term holds only. As bitcoin still reacts to 4 year halving cycles it is a lot easier to know what to do & when, rather than trying to follow lines on a chart & different models. Of course it’s fine to take advice & bits of info from different models but short term trading is very easy to get rekt. To conclude, no selling until a year after the halving, buying now is fine.
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I wouldn’t advise you to invest a large sum in either but if I had to pick one to allocate funds to I would say Tesos. That’s only because I think it has a better long term reputation. I trust it more than Osmosis but that’s the only real positive I can give towards Tezos. I still wouldn’t feel comfortable investing much money in it.
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Literally every other cryptocurrency follows the price trajectory of bitcoin. We still see 4 year halving cycles with bitcoin from bear to bull & repeat. Pretty much every other coin follows bitcoin, it’s probably because there are so many BTC pairings on exchanges. People try to duck & dive in & out of bitcoin to take advantage of alt swings. It’s going to be a while before bitcoin stops controlling the oath other coins take.
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Transaction fees were high because or ordinal & brc20 spam. They weren’t really high because of increased number of transactions. They were high because of bloated blocks due to morons spamming the network with crap. People were having to pay more to get their transactions confirmed.
Normally when fees rise because if a congested blockchain it could be a sign of the peak in a cycle which could hint at a sell off but in this scenario I would say no.
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It’s very frustrating but meme coin season peaked & seems to be phasing out. The issue with bitcoin fees due to ordinals & BRC20 spam has also seemingly peaked.
We should see gas fees really plummet soon. I hope to see them slashed to at least 50% of what they currently are in the coming months.
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Binance looks to have been the top, it’s massively dumped since then. Unfortunately I bought near the top& I’m down about 60% since then. I think it’s looking like a probable pump & dump. I don’t think it has a big future, you may catch a dead cat bounce or two but it’s not a good idea to allocate too much capital into PEPE.
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In all likelihood Satoshi is dead or ill & unable to respond. If he is alive though & able to communicate he obviously doesn’t want to risk doxing himself & is happy with his creation. He doesn’t want to take center stage. He didn’t appear during the block size wars so current affairs are nothing compared to that. To be honest I don’t think we will ever hear from Satoshi again, I think that is the best scenario any way.
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USA CPI Data Update: CPI: 4.9% YoY, 0.4% MoM Forecasted: 5.0% YoY, 0.4% MoM
Core: 5.5% YoY, 0.4% MoM Forecasted: 5.5% YoY, 0.4% MoM
Its a great news guys, the inflation is falling gradually if not drastically. Now, hopefully the fed wont raise its interest rates the next month. Markets are already celebrating today's data anyways.
Hopefully the FED pivot but they haven’t indicated that they will yet. They said they will continue to increase if they need to. I was too young to have a real interest in 2008 during the financial crisis but when they decided to pivot, was it the start of a bull market for stocks & other assets? Basically will pivoting lead everything to go up?
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I think it’s a good thing if there is a patch that stops their BS. Fees were up to over 300 sat per byte which is ridiculous. I mean we could wait for the trolls to run out of bitcoin so their spamming dies down but doing something to stop it is wise. It’s not being done for any other reason than to spam the network.
I’m sure miners were enjoying it but it’s not what bitcoin was created for. Shitcoiners are welcome to fork bitcoin & continue their nonsense on another chain, alternatively use BCH or BSV which have bigger & often empty blocks.
Any way I doubt anything will be done. Fees are already lower than the peak as the mempool clears a bit.
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