Yeah, couple of times I have discussed about them and the reasons why I usually use them to buy most tokens after Binance. Although Meme coin is something I won't advise holding for a long term, I can say they're good for the short term. There's one I saw, PORK. Did a few increases after its listing with a good percentage rise too. Now, another thing about meme coins is to get in when the price increase hasn't surged. If not, you will be the sell-out liquidity to those who are early in the game.

As we all know since the approval of BTC ETF, Most coins have been experiencing a downtrend movement and sometimes a little of push up if BTC should regain its bullish momentum. Aside that, is just me or does anyone also realise that Gamefi token have not been trending like they use to be. However, today, I'm observing some positive developments in certain GameFi tokens, prompting me to question if the GameFi token arena is making a comeback? I mean, looking at DGI Token already gaining upward movement compared to few months ago and saw new listings shown on CMC . Then, the gaming blockchain RON also experiencing an increase. Maybe due to the fact that RON is about launching an IDO, and its Total Value Locked (TVL) has grown by 25% in the past month, and its circulating market cap has now surpassed that of AXS.

That's why I said community and developers matters. There are a lot coins aside LTC that crashed from their ATH and still yet are been used regularly. We all are saying the same thing still

I know that Rumuors can't help 100% but that's why it's rumour.   Ok, let's use Binance issue with SEC and regulations as an example. When we heard the news about CZ going to court and all that, what most people did was withdraw their money out of the exchange to be safe till they were sure they were safe. The same rumour happened to FTX but we weren't careful enough.

While for the token, I would still say, be observant of the developers.

I understood you though with the first commenter but what was the news behind these coins before the crash. You know, there's something we all need to know before a crash of any coin. There usually use to be rumours.

Its sad to say but I was victim of LUNA crash, and I learnt so much from it. We all need to be observant or at alert with every news we come across

Do you know why I refuse to talk about the coins that have stayed for long? Is because people might say yea the project was indeed promising. Ok, let's look at the crash of SOL to $8 and even this ICP I talked about, fell from $1k+ to $10 or less. What happened? They keep rising..

If you did check out the things I listed on how to about getting scammed or rug pulled you did see where I talked about community and developers. If the developers are genuine, the community will be active, and when the community becomes active, that's when the project will rise.

I do believe some alts are still good for long term regardless and trying out new ones would be helpful

Few months ago, I discussed the distinctions between Altcoins, Shitcoins, and Meme Coins. And how likely we can easily get good alts on cex. Not like those coins listed on Cex are fully safe but you know what to do when you see a token get listed.

if you've time, you can read it up here; https://bitcointalk.org/index.php?topic=5472568.msg63092909#msg63092909

DEX is also a place where we can get a series of rugpulled projects and also a place where we can get good tokens very early. But I'm not here to drag between DEX and CEX which is better. I want us to educate each other from our experience and what we have learnt so far over the years.

One reason for falling victim to rug pulls is our tendency to buy coins when the hype is overwhelming. When this happens, those who bought earlier use the advantage to sell on those who got FOMO (Fear of Missing Out) and use it to their benefit by exiting with the liquidity provided by those caught in the FOMO cycle...

Another reason is Influencers: Some influencers are paid shillers, not genuine with the project they're calling on their members to buy on. All they focus on is the pay they will get after shilling or dumping profit made by their users

Lastly, fake promises. This is one of the major problems faced while buying a coin. When you check most project white papers, you see that some of the developers would promise what is too real to be true. The project will be this and that and as time passes by, nothing ever happens

I know there are other ways we do fall victim which I think is ok if we share our experience as well but then, how can we bypass this?

1. Check their community: check if their community is active with real humans, not bots

2. How many followers they got

3. How often do they post on social media

4. How many exchanges got them listed? The two qualified exchanges I check, which I have mentioned frequently are Binance and Bitget. These two Cex usually list quality tokens which from my experience I have benefited from

For instance, consider ICP (Internet Computer): How familiar are we with this coin? How many of us have researched this project? A thorough investigation would reveal the untapped potential of some projects, unlike the more well-known ones.

What about COREUM, an intelligent smart token designed with built-in smart contract functionalities, suitable for businesses of any size.

Have we explored ZETA? What about HOLD? There are thousands of promising altcoins waiting to be discovered.

I know most people's challenges lie in how much time is dedicated to research new coins regularly. Often, we focus on well-known projects for quick profits, but what about the long-term utility these newer projects might offer? If we do a consistent 3-4 hour research on new coins daily or on coins which get listed (which I do on the above cex I mentioned) you did see that we can bypass some problems of getting scammed or rug pulled.

Let me answer your first question. Truly, I partially expected JUP to hit this high or even more than $2 due to the anticipation many users had for the token launch and the volume recorded in the second cex you mentioned was over 3 million plus, another proof that JUP got a lot of users that were interested in it.

Now the other question. For me, I think JUP will be long-term for me. If you look at its usecase, then the chain it's under and compare other coins that have done well in the Solana chain, if gives me this edge will likely do same

Yes, Lately, footballers have demonstrated interest and brought exposure to the crypto world in their unique ways. If you look at Christian Ronaldo who was the face of Binance, contributed positively to the crypto community. This stands in contrast to governments attempting to devalue the true worth of crypto. I appreciate the exchange for recognizing the significance of Messi and actively celebrating his involvement. This shows that they value Messi a lot

Exactly, that's what I look at most times. These days some developers rush to do some projects due to the bull market that's approaching but when we do proper research we can look into those that are genuine with good use case. Like DUEL, came out recently and they have something good coming then ICP, great project

What you said is true and mostly, their native token only seems to do well if they're actually committed to growing their users. You users first. I just talked about how BGB is now gaining traction and I believe there other good exchanges out there that are doing the same.

Indeed there are so many benefits to holding an exchange native token like the low fees and other benefits that come with it

ICP
DOT
SOL
NEO
AVAV

All with a good use case so thinking of them as my long-term hold after ETH. The last one is a new token that just got recently listed and is very good for developers. You can do your research on all the coins I listed and make sure you invest wisely

My favourite will be exchange tokens. The reason is that if you're trading with a good exchange and they intend to build, their token will surge in the process. Just take a look at BNB how it started with just $6 and now is over $200+

There are other exchange tokens out there that I know are good, like BGB. It was below 0.7 and now is trading at that price range and might go higher.

Aside from the price increase, holding an exchange token also comes with benefits. Thinking about launchpads and pools, fee reduction and other benefits

I wonder why people are saying you shouldn't use this trading as a career. Honestly, I do believe that there's not anything useful in this world. If your mind is in it do it. Besides, those elite traders on Bitget have a lot of benefits. If you can study hard and still follow the part you believe in, I tell you. You did are people who would call you to trade for them

Trading is a better journey you need to take your time on, don't rush it. You start by using some good products like the smart trend, which could be fine on exchanges. Then, you can go further in studying your chart. How does it move? What time is more effective and so much more. Just take your time, you will get there

Ok, since you have done your own research and believe these alts will do good that's fine. I already have some alts stocked but these two alts ICP and AVAV seem very interesting to me, both have good potential and use case

Hey guys, just as I promised in my last post https://bitcointalk.org/index.php?topic=5478134.msg63334785#

that I'll make a post on how to be secure using a centralised exchange.

I'll give a summary of everything and then send where I got my Source. As y'all know, I only talk about two exchanges which I know have tested and researched their Transparency and Security which are top-notch.

The first one is Binance; As we all know, Binance is the most secure exchange, their transparency is high of the heel. The Cex is like the moving train to which other cex look up and try to do as much especially when it comes to their Users' Funds. I can go on and on about Binance but is interesting to know that most of the community members know Binance very well. Even with all the obstacles they have faced, the hacks and all that, they keep striving to keep their user's assets SAFU

Interesting Security Tips about Binance:

Two-Factor authentication 2FA

Organizational Security

Proof of reserves (PoR)

Real-Time Monitoring

Security Notifications

Data Encryption

Secure Storage

IP Address Whitelisting

Withdrawal Address Whitelisting

API Whitelisting

Anti-Phishing Email Codes


(You can find more here https://www.coinbureau.com/analysis/binance-exchange-security/)


The other one is Bitget; This exchange is upcoming and is really doing well when it comes to security. I have been amazed at how they have been building. I mean, usually, I call this Cex Binance Reborn. I know most of you who have used this Cex know how well they have been performing. Ever since they took over this Bitkeep wallet, I haven't heard about any hack (check my previous post, you will see where I posted about the wallet Bitkeep and after Bitget took over it, they compensated users affected and since then no hack issue have been found) neither have their exchange ever been hacked

Interesting Security Tips about Bitget:

Proof of Reserves.

Protection Fund is of good rate (you check it online to see more about it)

Cold wallet storage

2FA for logins, withdrawals, and account modifications.

(You can find more here; https://www.coinbureau.com/analysis/is-bitget-safe/)

Now if you check both you can see that I did some research about these two exchanges before depositing my money in both. Some people who seem to fall victim most times of scam exchanges is that they don't usually do their research before putting their money in their. At least you need to check

1. Security: How secure is this exchange
2. POR (Proof of Reserve): How often do they update this?
3. Trading: What is their trading margin like? Do they do wash trade or not?
4. Do they compensate their users when something goes wrong?

Now when all these are in place, how do you save yourself?
1. Don't share your password
2. Use a very strong password you can include $@#&+- or numbers to make it very strong
3. Don't connect on any wifi you see. Jackets are getting smarter now
4. Use 2FA


Why am I saying this, is because of the incident I had with one exchange(I won't call the name. I'm here to educate from my experience and not to spoil any exchange name)

So, that was the first time I joined Crypto. That was late 2019. I deposited $5 into the exchange, all was working fine not until after 3 weeks I couldn't find my money. Like I didn't know what happened, even if I don't know anything about crypto as of then, I know damn well that I invested my money in my spot's account. How it happened I don't know. But what I know for sure is that that taught me a big lesson!

Good luck with your reading guys! I'll be sharing more educational stuffs from time to time and also, I tried searching for any cyber community group here as one earlier suggested but didn't find any I also did message one of the admins, preferable they can take me to a group where it can reach more audience. This is 2024, learn how to secure your money!

Well said, adding to what you have said, is best a trader back test his failing trading. Asking the question why?

Why did I get stopped so quick?
Why did I fail this trade?
Why this and that... When a trader finally gets the answer, the will know how to mitigate many losses.. And as such light even add some technique like the sniper range I use most often, good profit if I get my target.

We just have to keep practicing that's all

When I'm not sure of the market, such as now due I the volatility that will be flooding in due to the ETF stuff, what I do is use a risk-free strategy to trade in the market. I usually use Dual Investment. I think that is best for me

Good point. Even before Binance and Bybit made copy trading official, I got to know about copy trading on Bitget as their majorly known for that..

The good thing about this copy trading is that we can see every trader historical data and also use either bot trading that has different categories like futures grid, spot grid, and spot CTA.

Now we see how we can save ourselves from all this kind of traders that are honest