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The new CEO of Binance seems to have been chosen with the best considerations, however, it would be a shame for Binance to end up like FTX and Luna, because BNB is backed up by the largest exchange in crypto.
that's why another solution was proposed, I saw cz put up 175m$ for the guarantee, and binance was fined 4bn$, that's a huge amount of money in a case like this.
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I think meme coins are trending now, just now I also claimed several airdrops and the project they created was memecoin, is this a sign that the market will suddenly rise.
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I think this is normal, because the world's financial conditions are also not good, and also the Israeli and Palestinian conflict is heating up.
and there has emerged crypto as a commodity that can no longer be ignored, I mean in the past there was only the stock market, but now many people know about crypto.
therefore the government is trying to regulate the regulations.
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My advice is to study market conditions if you want to invest here.
Then you can make a small investment.
little by little understanding all types of platforms and altcoins, makes it easier for you to put your money.
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depending on the goals of the coin maker, not all altcoins are bad, and not everyone creates altcoins just to make a profit.
They did it because they wanted to make changes or innovations in the increasingly advanced crypto world.
and after that they will get paid for what they do without realizing it.
Even Vitalik Buterin didn't expect ETH to become this big.
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Usually the roadmap and development is not clear, it is done quickly and there is no preparation, usually there is an extraordinary increase within 1 day and then a deep decline too.usually described as a token that has a very large supply.
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Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!
What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017
I don't really think so because some of the coins I bought experienced almost equal increases and decreases, but I once bought shitcoins for a small amount under 10$ and then I couldn't sell them because they ran out of liquidity 30 minutes after they were released. im buying coin like that just for gambling, not in large amount and not often. |
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You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
I think if in a bull run memecoin is also the right choice because all coins will rise, especially coins of this type, but you have to remember that buying coins like this is not for the long term. |
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Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.
On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
depending on the investor's readiness, usually they take the bank because they put large capital there, so 8-10% already gives a pretty good return, but in crypto you can make 100% profit in a short time. Of course the level of risk is different. |
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I never heard that the pyth airdrop would be released until the news really spread on the internet and suddenly the team said there was a snapshot and the conditions for being eligible for their airdrop were announced, I checked my address and it turned out that it was not eligible, even though I was quite active on the Solana network, it turned out that the conditions had to be interact on the pyth chain, and not just carry out transactions on the mentioned network.
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Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.
Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.
Futures buying and selling, however, includes buying and selling contracts that promise to deliver an asset at a destiny date at a predetermined fee. It allows buyers to take positions on the course of an asset's price movement with out definitely owning the underlying asset. Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.
Spot trading is the best choice because you won't be liquid when your prediction is wrong, you just have to be patient to wait for your coins to rise again, but you can also try selling them when you lose and buy them again when the price falls even further. It's just that both have their own risks, the most effective way is for you to have experience in both. |
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buying such coins of course increases your risk of losing, but initially some of these types of coins can pump up to 3x but you have to know when to get out.
because traders must be able to control their emotions.
If you want to invest long term you can try Binance.
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One of the mistakes I do is to trade when a coin has increased significantly in price. If it has increased, I go on short position. This is also what I do if the market price of a coin has decreased significantly, I go long. The mistake is that the market will continue in the direction and no reversal sometimes. I later used averaging with it and I gain than before but it is very risky.
or you can try the multiples theory, if the prediction you choose is wrong, you open a position opposite to the entry 2 times the previous one. Of course this has risks, but the chance is the same, 50:50. |
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I don't sure with your assumption all trues, actually all SOL and FTT coins are sold by FTX exchange and there are less possibility hold both coins kinds and difficult to recovery exchange have indicate as scam. I don't know what good news make SOL and FTT coin up drastically exactly with SOL success raised drastically from current dropped price $10 and last day up until $60. Its difficult SOL can up drastically if FTX exchange still hold this coin, actually after raising up few percent they will sell and make SOL get correction drastically.
Looks FTX have sold out SOL and FTT coins, latest moment when both coins drop drastically its effect with FTX sold with much coins current in their exchange account. I don't sure with opportunity FTX is solvent again although in the future SOL and FTT will raise to higher price or back to ATH price if that possibilities.
I think Solana is indeed a good coin, because it was FTX's bad news that made everyone doubt, but slowly after FTX sold its SOL holdings people's confidence slowly returned because they had seen firsthand the news of FTX selling their SOL to pay customer debts, I don't know the real truth but my assumption is like that. |
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I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
If you understand a little about market movements, and you are used to analyzing, you can do short-term trades, at least that's the best option right now, you buy then you sell, collecting little by little. However, if you intend for a long time, you can buy it in accumulation, for example you allocate your monthly income to invest every month. |
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Can you share some noticeable growth based altcoins names which were launch in 2022 and 2023? For example: Arbitrum a new altcoin that launched in 2023 and become entered in top coins list. Then pepe! A memecoin which is also launched in 2023 and get so much attraction and it is standing among top100 altcoins.
Can you please write down such types of new altcoins names with having such massive growth? I want to analysis those for altcoins for future purpose
I Don't recommend anyone to buy anything. DYOR
I think it will be difficult to analyze potential and new altcoins, because there are so many, and some look good at the beginning but show poor performance after a year or 2. it's difficult but if you can find one with potential like when bnb is priced at 0.5$ and eth when it's 2$ you will be one of the very lucky ones. |
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interact in long-term trading, because over a long period of time the price will always rise, but some people are more comfortable with fast trading.
that's why there are several types of traders and they have their own targets.
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sounds scary even though some predictions may happen, but for 9$ in xrp it may still take 2 or 3 more rounds of the bull run.
for bitcoin the price is still reasonable, because some predict it is higher than that.
but predictions are just estimates and nothing is certain.
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Have you consider that you lose all your coins because the wallet phrase to your coins and PC burn in a war.
So what will you do if you survive after the war to start back your financial struggling and your crypto investment journey. Or can you get the coins back?
I think if someone has reached that point he will be able to return to such a place again. because he has experienced this. let's say warren buffet lost all his fortune, he will collect it again sooner or later. |
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someone who controls everything and has no competitors will make prices unreasonable and there will be no development, because there are no competitors the products that will be made will be the same forever, you can see countries like China, USA, Korea, they always innovate because they have competitors tight.
Sometimes the enemy can become a supporter to progress to become better.
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