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11541  Alternate cryptocurrencies / Altcoin Discussion / Re: My plans for the next bear market on: November 20, 2021, 02:54:04 AM
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.

11542  Alternate cryptocurrencies / Altcoin Discussion / Re: Gas Fee Of BNB Is Increasing on: November 20, 2021, 02:02:11 AM
Yeah, BNB and ETH are pretty much substitutes at this point.

When ETH fees increase there will likely be a flood of people going over to the BNB network to do their transactions.

That then pushes fees up.

Hopefully both chains will come up with a scalability solution soon though.

BNB's gas fees are increasing simply because the network is starting to experience congestion. ETH used to be cheap, but that's not the case anymore due to high network load. That's the problem when a blockchain network becomes too popular in the mainstream world. It's up to developers themselves to roll out network upgrades in order to keep the blockchain as cheap and fast as possible. If by any chance BNB's fees become exorbitantly high, people have the choice to switch to other competing chains. Polygon (MATIC) seems to be a good alternative with dirt-cheap fees and blazing-fast transaction confirmation times. Most of all, it's decentralized so it'll keep on running for years on end. With so many blockchain networks on the scene right now, high fees and slow confirmation times are no longer an issue. Just my opinion Smiley

I think that the answer to the question in the thread is already answered, I think the same and for me that is the reason, in fact the congestion will be increasing, and I have seen several already complain about the fee they have, in fact on the network ERC-20 the problems that there are of the fees is even more impressive, recently I had to pay a fee of more than 150USD, which for me represents too much money, for me the network that will be most successful in 2022 will be Polygon, because all NFT game projects that are focused on metaverses are in that network, and for now it is the network that has the best fee prices.
11543  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why Ethereum keep rising while Bitcoin on a stable mode on: November 20, 2021, 01:39:02 AM
Ethereum has shown much strength in Q4 here when it usually gets depressed. For me that is highly bullish sign on Ethereum, and I think it stands to at least attempt a run at the ATH ratio ETH/BTC. Time will tell. I am not sure a flip will happen, but I am excited for ETH here in the next few months.

I think the main reason why ETH S continues to rise is because it is the second most important currency considered after BTC, in addition to observing the market it is still the leading currency in terms of projects in the ERC-20 network, and if we add that there are many who are ETH fans and who have always liked ETH and buy at every drop, for now they are making a lot of profit, and as long as BTC remains stable at a price above + $ 60k it will always be the best deal and when establishing that ETH grows faster than BTC is an advantage that it has that is very evident.
11544  Alternate cryptocurrencies / Altcoin Discussion / Re: Should we buy tokens for young projects? on: November 20, 2021, 01:15:19 AM
Its a chicken and egg situation really. On one hand you want young projects so you can get the biggest gains 100-1000x. But on the other hand you want them to be out of the baby stages so that you can make sure it is a safe investment. Thats why the closer you go to a newer project the less you should invest in it. I would feel most comfortable investing in BTC atm, then everything else naturally carries more risk.

Now I have a strategy, it consists of waiting for a good NFT game project, I just wait to see if I stay in the whitelist and after that if I buy the tokens in the pre-sale, and the business is to know how to sell them in the sale public, if the project is good, only when selling in the first 3 or 4 minutes the amount of profit is huge, of course I am talking about investing in the pre-sale 1 -3BNB, and then having at least 6 or 7 BNB if everything works out OK, it's risky, but if it's actually done right, it can be seen as a totally successful scalping.
11545  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best ways to invest money? on: November 19, 2021, 11:48:59 PM
To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?




If you want to become rich, you should invest in different areas. How much do you benefit? depends on your current wealth, the more you invest, the more you get back. However, bitcoin and different altcoins are a good way to invest

Is that there are many ways to do it, what you have to take into account is to decide well in which action or in what currency it should be done, according to the book called "The Book that still expires the market" says that the action that is You must choose, you have to do a good study and then after having chosen to invest and wait as long as necessary, and this includes 8 to 10 years of waiting, in the crypto world the currency is already there, and it is BTC, it is the currency safer and the one that guarantees more confidence and seeing the stages that the btc has with 3 or 4 years of waiting it is enough to obtain great profit.
11546  Economy / Economics / Re: Mastercard Bitcoin Global Adoption? on: November 19, 2021, 10:52:54 PM
For sure this becomes a centralized again.

If that happens, then Bitcoin loses its uniqueness.  And I'm not sure all BTC investors will continue to invest if BTC becomes centralized.  For me, why do I want to invest in BTC because it is not centralized and it regulates the prices, buyers and sellers.  No third party governs this or should it be.  The more there is control, the BTC will be no different from fiat, which is eroded by inflation.

It is an appreciation but it does not have 100% support because it may be centralized, but only there, if you have control by some users or people it is because they adhere to their rules, obviously it is their decision, but what What really matters is that as more people enter the market, much more demand will be generated, therefore the price will increase because the supply decreases, since it is logical that who will want to sell when the currency is rising, perhaps sell in the first correction or Including in the second and that because you want to do a favor, but it really is not like that, since the currency always gives that behavior when it is going to rise a lot in price.
11547  Economy / Economics / Re: Just because prices are high, doesn't mean that is a good investment. on: November 19, 2021, 10:29:37 PM
I think a lot of things are overpriced including btc, can we really say this price at which btc is trading is the actual value base on its fundamental and usage! It is hard to telll, but investors seem to develop more interest whenever the btc price is increasing, it is like a norm especially in the crypto space when people consider a project successful when it's able to attain a high price, the fundamentals always comes last.
Technically speaking since the price of everything is always determined by supply and demand this means that the price that something has is always its correct price, you may think the price of bitcoin and many other assets is overpriced but if this is what the market dictates then that is its true price, as if the price is currently at 63k you are not going to find anyone willing to sell for a price much lower than that.

However even if you are correct and the price of bitcoin is too high compared to its fundamentals now we need to wonder why this is the case? And I think that people are not really confident the economy is going to recover at the speed governments want, and this means they are looking for a way to protect themselves and this means they have to buy bitcoin for a premium as many people are thinking and doing the same thing.

Well, only those who have certain powers are the ones who have access to having BTC at a premium price, currently the price of BTC is given by the amount of demand and that demand has a lot to do with adoption, it is the only way by which the price is growing at the moment for this reason it is not unreasonable to invest in BTC despite the latent risk of a possible very radical fall, many are betting on it, in fact when they see such high prices in BTC they are in doubt For investors and some prefer to withdraw for fear of losing what they have invested, it does so as a way to protect itself.
11548  Economy / Economics / Re: Are you making money online? on: November 19, 2021, 10:14:34 PM
I am making online with cryptocurrencies, I often buy new listed coins and make bitcoins for long-term investments as a way to retire or get passive income, crypto has been proven to help me fulfill my needs or desires so I often recommend friends or family to invest in crypto.

I think that is the best option to ensure a good retirement and I really admire your conviction to do so, but, in an eventual economic emergency, would you resort to that investment? or not touch her? Because every investment is good when it makes a profit, but if it doesn't make a profit but an event occurs that requires you to have money, how could you solve it? Yes, clearly, would that money be needed?
11549  Economy / Economics / Re: Ways to avoid being scammed!!! on: November 19, 2021, 09:51:54 PM
Scams are now increasingly active and massive, the trick that makes us often complacent because we think it's not a scam is that they send tokens to our wallet, when we see the address contract and then open their website they will suggest swapping with a connection to the wallet and this is very dangerous because of the way they cheat and take the private key.

Wow, the truth is, I did not know that modality, so it means that the ways of scamming are making them more and more credible, the truth is very difficult to open the site and change like this, first I would go to look for the contract to see if in reality It exists, but there is another variant, if it is in the ETH network, it is even more difficult, it would have to be in the BSC network because the fees are really something exorbitant, and metamax has some security when you go to do the swap, if we enter through poocoin You can see at once if the chart is a scam currency or not, that's the good thing about the contracts and seeing where they are listed, and the other option is searching for it through tradingview.
11550  Economy / Economics / Re: Fuel prices hitting an eight year high on: November 19, 2021, 08:53:23 PM
Precisely an oil country such as Venezuela, which has production everywhere, has to import gasoline, for the simple fact that those who are operating with oil are not able to process their own gasoline, when at a time the best Gasoline in the world with the best octane was produced by Venezuela, now the gasoline they bring is Iranian, which means that Iran, due to this production, is obtaining one of its highest income due to its process,

I am very surprised by a peculiarity, that as time passes, they continue with the dependence on gasoline for most cars, they were talking about hydrogen, other means, but I think it is still not enough.
11551  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: November 19, 2021, 08:16:42 PM
It is very difficult for a drug trafficker to believe in cryptocurrency technology because they will not accept the fact that they can go down in price and they know that if they go down in price they will lose money, and they are not that kind of person, if you are in Mexico, a drug dealer from that country is not only the most jealous of all with money but the most bloodthirsty, simply for them there are no losses, some prefer to die before being captured or having their money taken away, the case of the cartels in Colombia They are less bloodthirsty but they do not leave any money to the government and much less to the DEA, for this reason they prefer fiat money.
11552  Economy / Economics / Re: Investors Spent Millions on 'Evolved Apes' NFTs. Then They Got Scammed on: November 19, 2021, 07:43:16 PM
NFT is very risky, but also a lot of opportunities that come with it. While the majority of value investors don't pay attention to NFTs for reasons of impossibility, it will be interesting to see how this market plays out. The future no one can predict.

NFT has a lot of features and utilities included, but in this article we only talk about money laundering through NFT, it is only one side of the coin.
This is the new trend now so we can expect the risk since many scammers notice that NFT is the new ICO these days and this is why we need to be careful upon choosing what is best so that we will not get scam the same as rug pull scheme they made on BSC tokens.

Indeed NFT has many lot to offer and the best thing we can do is to search the best and don't get over hype on what we think good since we also need to think that not all of them is good investment.
Every problem has its own opposite sides, and we also need to understand that a common product cannot satisfy each individual, accept or reject, failure or success is what we decide for ourselves.
Blaming the product I think blame the people who brought it here, also I just got an NFT getting 1 BNB and this is insanely crazy, but it still happens to us Smiley
There's always two side of the coin which neither it could be a profitable one or would be a disastrous one and this NFT's is something that is really on that position whether they do end up profitable or would end up

on getting scammed with those things and knowing that NFT neither do have their utility or simply acts as a collection and we dont know if there would be some significant value of it

and also we shouldnt really that complaint out on how those people spent out their money since its their money after all and they do have the full rights on how they would gonna use it.

I have been watching the behavior of many NFTs, and I think that the games that really excel do so in a very short period of time, they are successful up to a certain point, and then they behave like an unsustainable system, and it is because in their economies they have many cracks, the creators do not calculate well and have errors that the games cost them, yes, they can capitalize in a moment but they do not have the intelligence to mount a game that their economy is prosperous for both them and their own devs, then everything is based on the hope that the metaverses may be the NFT games that do not have such cracks.
11553  Economy / Economics / Re: Basics of the Current Monetary System on: November 19, 2021, 07:09:53 PM
Seriously, I do not think this is complex at all.
There are a lot of basic misunderstandings which are widely held. Such as when you say printing money - most people believe the government or the Fed are responsible for the majority of new money being printed, when actually upwards of 90% is created by banks handing out loans. These loans are only indirectly controlled by the Fed, by them setting interest rates, reserve requirements, etc.

You also mention fractional lending. Most people believe that banks can only lend out x times the amount of money they have, depending on the reserve requirements set by the Fed. Not only are these reserve requirements 0% (and not 10%, as most people still think), but reserve requirements were never a restriction on how much banks can lend.

People talk about 1 or 2% pay rises, when really they should be talking about pay cuts, because they don't understand inflation. People don't understand the deficit, or the debt, or the debt ceiling.

The bottom line is easy to understand - your fiat is steadily worth less and less, your wages are steadily going down, your purchasing power is steadily eroding, all while bankers and politicians become richer. But the convoluted route that it takes to arrive at that conclusion is anything but simple.

Due to the high lack of control of the FED, and of the government as such, then what management can it give to that organism if it allows politicians and banks to do that economic bleeding, because practically that is to steal with a license, where are the laws that protect people and their protection based on the most basic rights? The US economy is clearly down for a long time and that is what many skeptics had predicted since 2018, what about the government's actions? I understand that one of the most incorruptible countries was the USA, but apparently they have problems as big as those of third world countries, with the exception that the USA can still cover those gaps, but there will come a time when they will not be able to do so, and there it is. where a decline will come, which from what I see is very evident.
11554  Economy / Economics / Re: A way to make money online? on: November 19, 2021, 05:45:55 PM
There are different ways to earn money online. Most of it are risky but some are not like starting a service. Example, you will recover their lost password of their wallet.dat file, escrowing funds and many more. Some are earning money online through their review websites that contains their referral link to the sites they reviewed or the list of gambling sites.

This is a good option, of course the one to recover wallets, but working with referral options I think that the only profitable option is if you have many friends, who also comply with the requirements, because sometimes for certain activities you may require your referrals, and not only are they satisfied with just registering and now, but the referrals have to meet most of the requirements so that it can be chosen as valid, but they can discard it, now in the systems that require referrals they are placing those restrictions .
11555  Economy / Economics / Re: Will we see new ATH this year? on: November 19, 2021, 04:53:06 PM
After waiting almost 6 months when the bitcoin price reached $65k then last october it has passed $65k and a few days ago we reached new ATH at $68600, but I believe in November now there is still a chance to make new ATH again because when many I was worried when the price hit new ATH and dropped drastically but the price was able to stay above $60k this proves that the $100k price will soon be reached.

I think the price that everyone expects is $ 100k, the biggest promise is being expected this month, we are just a little more than half and we have not seen a growth of those vertiginous that everyone expects, but it is very likely that it can Of course, I have the same hope of seeing the price quite high, but we cannot underestimate that it may drop and have strong bearish surprises, which in fact are within the normal parameters of any market, and it is very natural that corrections occur to be able to gain momentum.
11556  Economy / Economics / Re: Preparing for the future. on: November 19, 2021, 03:58:52 PM
Maybe we should place focus on ourselves so as to be the focus,the future seems bleak if we don't focus in our present lifestyle.
We all need skill's,we can't just rely on our certificate for jobs,we should start practicing how to make money work for us and not working for money.

This is a good idea, however putting it into action will be really challenging. As for myself, I would like to do this, but I lack the necessary financial resources. This is similar to the axie game right now, and if I ever have the capital to purchase a team and hire a scholar to play the game, I believe this is the best option because it is passive income, and we could say that the money is working for us, but for the time being, it is difficult for me because I do not have enough money.

Yes, in fact there are many criticisms that have been made to Axie, because many bought some Axies for 900'USD and now they have to auction them up to 150USD, then they say that there is a flaw in the game, that is, many did not get their back investment, some complain that you cannot earn the same as before, but this is normal because the game has that flaw and with the updates that are coming require a greater investment, apart from the fact that the axies that are sold lose the level and the Players have to raise it from Level 1.
11557  Economy / Economics / Re: There are many online jobs out there. Crypto Opportunity. on: November 19, 2021, 03:22:34 PM
The crypto opportunity has been in front of my eyes since I got to know this forum, I have earned more than enough from this forum by following the bounty, but I don't deny that it was from this forum that I started the online world and worked online to make money as a member of the community, Instagram and becoming a blogger.
I agree with you, many started working online from blogging, in my case it was very different, I started in a more risky way, it was through casinos, and my first platform from which I started was at freebitco.in , then I went to stake.com, then I went to our forum and there are also many ways to make a good effort working and taking advantage of the different opportunities offered by signature campaigns, social media campaigns, article writing, there are many options more with online jobs, but this is a way that very few know.
11558  Economy / Economics / Re: When will the role of fiat currency disappear against crypto. on: November 19, 2021, 01:47:44 PM
Actually I don't think that cryptocurrencies will replace fiat money in the nearest future. There are still too many people who don't believe in crypto and don't know how to use them. What is more, government can't control crypto and that's why they don't really want it to develop as this way they will lose control over people finances.
In the same way I think, because I start from the main premise which is:

1.-Fiat Money = Money, Bitcoin = Money
2.-Bitcoin needs Fiat money to be able to give it a value and under which, it can be negotiated.
3.-Fiat money is needed for many people to understand the value of BTC and thus understand its price.

All these premises are necessary to be able to establish that there is no sense in choosing which is better, both are needed, that each one has advantages that people must take advantage of according to their convenience.
11559  Economy / Economics / Re: Really, why bitcoin has this value? on: November 19, 2021, 01:12:15 PM
The culture of a trader is very different from that of an investor, a trader follows the line of least resistance to buy or sell, depending on what suits him the trader does not care if the price rises or falls, the trader must always be There to obtain benefits, while the investor only has to worry about buying very low and then selling high, in fact the investor when he sees that the price drops a lot in price and has the money, takes advantage and buys because he knows that that money will multiply, but As long as the price remains very high, it is not good to enter, because a fall could cause some losses, the investor should only monitor his investment.
Traders and investors always have similarities as well as differences in how they enter and when to sell. Traders only care about short-term profit while investors target long-term profit. Traders can buy at high price and take advantage of market hype to profit, while investors have to wait for a correction before they put in a lot of money. What both of them have in common is the main purpose of making a purchase where profit is expected.

Yes, in fact many investors currently investing in cryptocurrencies that I know are long-term, many are buying and withdrawing fast, perhaps because the market has favored them, I imagine that they establish their strategy, they can choose a good percentage of profits, In my case, I am a long-term trader, but I am not an investor, because the investor usually leaves their money in a currency or stock for much longer, and until they see profit they do not leave their position.
11560  Alternate cryptocurrencies / Altcoin Discussion / Re: Making money while gaming on: November 19, 2021, 04:09:49 AM
This is what I found on the internet yesterday



This have been my dream for a long time now and it's finally coming true, I spent hours on my Xbox and always have this thought of getting paid while gaming, I've used this to create topics in the past and many said it's impossible but now I think it's becoming a reality

By the way, Ubisoft supports Guild of Guardians - they had a tokensale on Coinlist platform couple of days ago. Finally we will see some strong games on PlayToEarn market Smiley
this is certainly very good, especially for people who still really like playing games and I am one of them.
because this is a good step, especially with developers like ubisoft whose games never fail and are always in demand by many people, of course this will increase the interest of many people. whether it's just to play or indeed collect rewards that can be used as assets that we have.
I've been waiting for a moment like this and now there are signs of it happening and I'm really looking forward to it.

Maybe I am very saturated with information about NFT games, but I really find this UBISOFT publication very interesting, clearly from the point of view of gamers it will take on a large community that will be integrated into the crypto and NFT world, because the players of these games are very fanatical and all progress towards more is like a dream, if they do things well I think this will be the future in 2022 and possibly the beginning of the metaverses in their maximum expression.
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