Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
Like every sector, every market, every job crypto also demands hard work and smart work alongwith uptodate knowledge of the events that impact the market and also staying active everyday. So it is the same process, there is no easy money anywhere only hard work pays and that is the way it goes for centuries. |
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I do not have problem will any stablecoin either centralized or decentralized and the only thing that community needs is the transparency of the stablecoin, everyone should be sure that the stablecoin they are holding is backed by real and equivalent fiat money.
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Bitcoin rises above 11,600 dollars again for the first time in a long time. This has brought about series of predictions like we saw in 2017.
This is the time for us all to learn from the past experiences. We have to know when to swap to stable coins and when to swap back to bitcoin to avoid loss associated with drastic fall in price that may occur in the future.
I am bullish about crypto market for next 18 to 24 months so i would not be in a hurry to sell or take profits and i know that on the way up there will be dips and corrections just like the recent one but strong holders will eventually benefit when we will see the peak of next bull run. |
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I truly hate coins and tokens that do not have volume or liquidity on exchanges because when you need some funds urgently or need of quick funds you will not be able to sell and get cash easily that is why i have learned the lesson now and i try to stay in btc or eth mostly because these are the most liquid coins and we can cashout them anytime as and when required without any problem whatsoever.
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I would suggest everyone not to fall for new and suspicious projects that are launched on uniswap mostly and most of them do not even have a whitepaper. It is just the fomo among the market players that is causing even the unknown coins to boom but as soon as market will stabilize many of these defi coins are going to crash to almost nothing.
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Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
I was feeling the same and if you look at the bounty section as well there you will see a lot of projects suddenly started using defi alongside their campaign to lure more and more people to participate. It is certainly strange and just goes to show that people behind these projects want to cash in from defi trend. |
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Yeah i partially agree with you but what do you think about other projects in crypto space like centralized exchanges and also centralized finance programs like nexo? Do you think that they are transparent and legit or you think that they are also like ponzi schemes without any real business or revenue?
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Calling defis revolution now is not a big thing.
I mean these defi projects have been around for years. It is only that they are getting attention and recognition now especially after success of projects like uniswap, aave and synthetix. I think there is long way ahead for defis to prove themselves and in coming years we will see even more innovation, infrastructure, products and revenue models in this category.
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With the current situation of things in the ethereum blockchain. i think the ethereum has gain much value and adoption with the rate at which the DEFI markets are gaining attention. Uniswap exchange, the number one leading exchange in terms of ethereum token trading volume has made tremendous update where blockchain projects and DEFI can list their own markets(list tokens and their trade pairs) within the UNISWAP platform. such introduction will continue to increase as the DEFI market continues to dominate.
With the recent situation, i don't think in any way that the gas fees will ever go down and we might see ethereum prices hit 1000 again.
The rise of uniswap alongwith the defi craze has proven to be troublesome for ethereum network as we are now experiencing never seen before gas charges and delays in transactions. Some users are also reporting long delays and cancellation of transactions. With a positive and hopeful attitude we still hope ethereum will come out of this but immediate action is required from the responsible people. |
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How can you even expect the market especially the defi coins to keep pumping everyday and always if a deep correction occurs here it would be good for them as the coins will find support and fair value and then the price can build on that foundation.
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Recent boom in Decentralized finance made some of the token are the Hero's . Lend ( AAVE) , Compound ( comp), Maker Even more but Compound is already having raised its price huge . But AAVE price is raising slowly and steadily based on Events . Recent Implementation "Credit delegation for Trusted Undercollaterralized " Loans . Increased its price . Also listed in big exchange like binance . What about your though for grabbing this coin at the price 25 Cents ( 0.25$) . Will it create future millionaires.
I remember ethlend from the days of their ico, it looked promising even from the very start, i had the opportunity to get some of their tokens but i was confused about how exactly their loan system will work but after the launch of aave they are completely dominating the market which is good for their longterm holders. |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
The price depends on the demand so if their platform or services will be in demand only then you can expect the project to get limelight and attract people. Secondly the token should have utilities where it should be used for different tasks, this will derive demand when paltform fully launches so it is better to hold and give team more time. |
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 I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet? Please give me advice. Thank all! Neo is a sleeping giant but many investors are not happy now because of long bears but right now selling will not be good decision so it is better to hold and wait for bull season to take profits if you need. |
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I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?
I usually get a lot of invitations to invest in such type of crypto investment programs via telegram and emails but after getting scammed in a few programs that called them legit bot trading systems or claimed to be making consistant arbitraging profits now i have stopped believing in any of them because we can not track or verify their trading activities which most probably means that everything is fake and there is no money being made via trading. |
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The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
I do not think that there is a need to call people to join or push them to invest in crypto because if they sed the legitimacy and value they will be attracted to do that themselves and with the rapid adoption of crypto worldwide time is not far away when everyone will be talking about crypto and possibly investing all their savings in top coins. |
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Ethereum network is growing and being adopted everyday. It is coming up with advanced scalability solutions and massive transformation to pos algorithm which will take the demand to the skies and the price will surge multifold in coming months so competeing such strong coin that is fundamentally amd technically placed at the ideal position is like day dreaming and nothing else.
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As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?
Ripple has a large group of aupporters, investors and holders, the companh even though blamed of being run like a centrqlized corporate company is still active and not only coming up with new developmental upgrades and new products but their partnerships and business deals with other financial groups are also impressive but i think bitcoon has its own class, category and charm so we cannot compare the two in any case. |
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I am not looking to invest in any defi coin right now but from most of the social media vibes and trends i come to know that Mantra dao, defipie and parsiq seem to be focus so you can check them out if you are interested but be careful and invest only after complete investigation and satisfaction.
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A news just popped in about newly appointed Digital asset global head Matthew McDermott is interested and firm to embrace blockchain and digital assets. "We are exploring the commercial viability of creating our own fiat digital token, but it’s early days as we continue to work through the potential use cases," he said.
In addition, he also expanding their team by hiring Oli Harris as their head of strategy. Mr. Harris is known for the launching of JPMCoin last year JPMorgan's digital asset. Seems banks are coming in. I wonder if these executions will be a threat to our precious BTCitcoin.
Not sure if this is the right thread for this topic. If Im wrong please kindly inform me or report for moving to appropriate thread.Slowly each and every bank and financial institutions are going to enter the blockchain and crypto market whether they come up with their own coin or provide services like buying, selling, exchanging or investing coins in both the cases it will help the crypto market and we will move towards adoption and use of crypto will become a reality in everyday life for sure. |
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