...I don't think I am never going to leave this forum no matter what. What about you ? ..
You have given an example here with Lauda, who left the forum forever, but there are more famous personalities who previously made the same decision. One of them is Laszo Hanyecz, who, as you know, bought a pizza for 10000 BTC and last left a message on the forum in 2014. The same can be said about Vitalik Buterin. Each of them had their own reasons to leave the forum, perhaps you will also have them after the time has elapsed. Therefore, "never say never." |
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They are close to retirement and still believe in saving in banks and buying stocks. I don't really know how I could go about convincing them to invest some idle funds in Bitcoin since my father is kinda headstrong.
Your father's stubborn attitude because he doesn't know how to work and the potential that can be generated from Bitcoin. No need to think too much about how to convince your parents to get involved in Bitcoin, all you need to do is prove the effort from your belief in Bitcoin. Bitcoin has very high volatility so it requires a strong mentality to get involved in it, it's very risky if the reality they receive doesn't match what you tell them because it will make them even more ignorant with Bitcoin. You can only know what has happened and you cannot know what will happen in the future. Therefore, if parents trust you and spend all their savings on buying bitcoin, and later they will depreciate for reasons beyond their control, they may lose all their retirement savings. |
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Halving will always have a good impact, not only the halving of Bitcoin, but several altcoins that have experienced halving have also experienced an increase,
because the supply in circulation will decrease and demand will certainly increase, Litecoin is one of the top major altcoins, so there is no need to ask again about demand,
which is clear, Litecoin halving will actually make the LTC price go up.
The fact that the supply will decrease after halving is understandable, but why should the demand increase after halving? We can expect that after halfing, litecoin will reach ATH only if the market is bullish by then. In this case, the price increase exceeded all expectations and reached more than 1000%, as it was in 2021. |
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SHIB has indeed brought huge profits in previous years, but I think it is not high at this point that the currency still has the ability to increase in price to another level. Because the hype about the coin has decreased compared to the initial time when it was launched. ..
It is in the first days after the launch that meme coins bring maximum profit to their owners. And after the coin has increased by hundreds of thousands of percent, there comes a distribution when those who bought at the lowest price begin to sell and fix their profits. And those who buy at this level subsequently lose their money after the dump. |
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I think spot trading is definitely the best way to trade because there are no ricks. ..
There are risks everywhere, regardless of whether you are trading on the spot market or futures. But the most important difference of the spot market is that you will not lose your money as a result of the liquidation of the position by the exchange. |
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I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia.
I can't agree with this. You can't assume if there will be no old users of FTX to use the new FTX. Even if the probability is very small but there will be old user that will be using the new FTX if it will be revived again. FTX has so many loyal users in the past. It makes sense if some of them will be back again to use new FTX if it will be revived again. And where have all these previously loyal FTX users gone? All these former loyal users are now trading on various exchanges that are not inferior to FTX in any way, but on which there is no stigma of fraud. But of course, there will definitely be those who suffer from nostalgia for FTX, but there will be few of them. |
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The fear of losing your money is what unites everyone who is facing cryptocurrency for the first time. This is not only due to the fact that newcomers know almost nothing about how the cryptocurrency market works, but in fact they are not legally protected from fraud.
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I been trading and Im investor If you need good menthorship come to me...
You wrote a lot of text, but that didn't make your presentation any better, because it's not backed up by facts. Show here the screenshots that confirm your qualifications as a trader and investor. You can be sure that no one will believe your words without proof of your competence, since scammers are very common here. |
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...Approximately $460 million was spent buying Bitcoin, resulting in a loss of over $239 million. Perhaps this investor did not know that the DCA strategy is better to use for a longer period, or perhaps he found a more profitable investment.
I think that anyone who is financially able to invest a million dollars every day should definitely know about the DCA strategy. It is only obvious that he decided to sell all his bitcoins and this decision may be related to financial problems in real business, or it is possible that he invested in something else, for example Pepe. |
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...So fell free to share if u have any idea about whale signals
I think that for independent analysis it will be very useful for you to get acquainted with the rating of traders - https://www.gmx.house/arbitrum/leaderboard The rating provides an opportunity to track in real time all the trades of traders that are included in the rating. |
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If you hold altcoins that were bought for a long-term hold, then you should not sell them, regardless of where the market is moving. But if you know how to trade and know the levels at which you need to sell and then buy at a lower price, then you should use these skills to increase the profit or the number of coins in your portfolio.
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...They are close to retirement and still believe in saving in banks and buying stocks. I don't really know how I could go about convincing them to invest some idle funds in Bitcoin since my father is kinda headstrong...
I understand your desire to help parents in financial matters, but your investment advice can lead to a loss of money, since investing refers to high-risk transactions. Focus on your own business, which will allow you not only to invest in Bitcoin, but also to help your parents when they reach retirement age. |
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The hype for the PEPE is already over, and we can clearly see its price plunging along with the trading volumes that surged pretty high when the token was getting too much hype by the crypto community, so it's pretty clear now that meme coins can't exist if they are not hyped and even if they exist, they will simply be abandoned and will get absolutely no trading volume at all.
Dogecoin has been around for so long only because it has been hyped a lot of times and as you said, we can also see Elon pumping it every now and then which is always keeping the hype alive within the community and people holding or buying it are always hopeful and waiting for a teaser from Elon.
Those meme coins that have received a listing on the leading centralized exchanges will remain in the top for a very long time. Accordingly, Pepe, as well as Doge, will be pumped from time to time and after the big players fix their profits, the price will decrease, which will be used for a new accumulation of coins. |
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but in the world of crypto currency anything can happen, because FTX will also change its name to FTX 2.0 and this is also the first comeback in the crypto world,
lots of altcoins have gone bankrupt and can't come back, but FTX's efforts can really pay off good results, I myself still believe that FTT and FTX will be victorious again.
I assume that such new clients of the updated FTX 2.0 exchange will be newcomers who came to the cryptocurrency market and are not familiar with the collapse of FTX. And those who have previously encountered the fraud of this exchange have long been acclimatized on other exchanges, and obviously do not suffer from nostalgia. |
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...Some project need time to build and shape. What do you think?
There is no guarantee that after a few years, the project will be successful and bring a big profit. The development of the project can stop at any time for reasons independent of us. But even if the project achieves significant success, this does not mean that the price of the coin should also increase, because it is a cryptocurrency, not a security. |
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...If the zksync should announce their airdrop criteria you will be surprise the number of wallet that will be eligible, and that will get a huge amount.
I think that the criteria by which airdrop will be accrued will be similar to the distribution that we saw on the Arbitrum. Accordingly, those who have made more transactions in this network and interacted with a large number of contracts will receive the maximum airdrop. |
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If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins. ..
As Changpeng Zhao recently said, a bull market may be waiting for us soon. But if the Chinese do not take part in it, then it will definitely not be a bull market. It looks like the Chinese will join the cryptocurrency market again, which will undoubtedly push the entire market up. |
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The only reason that many crypto investors prefer to use these applications is because of the high profit that no bank can offer. But if the percentage is higher, then the risks of losing your money increase many times. But nevertheless, this does not stop those who want to get a big profit.
Is it really higher than the bank? I've never staked, I don't know the exact profit, but as far as I know, for example, when we bet in USDT, the APY is only 9% per annum which is not much higher than the bank rate. .. No bank in the world can offer such a high API, provided that there is no hyperinflation in the country. The usual interest rate on banks is 1-2% per annum, which is much lower than what you get in staking. As for American banks, Citi Bank offers 0.9%, and Goldman Sachs offers 0.8%. |
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I found some NFT platform that supports the ZkSync Era its called Mintsquare. So if you want to test out the network you can go there and mint your own NFT or you can buy some NFTs. Generally its not going to be cheap buying all these NFTs but I think if you mint yours then you might get some extra credits if there is an airdrop...
Mintsquare works disgusting, at least I have made several attempts over the past month to create an NFT on the ZkSync network, but they were unsuccessful. The same thing happens with mint on the Starknet network. Have you managed to create an NFT on this platform? |
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...Can someone guide me on how I manage my time and earn money from trading what is an effective way to start?
Since you do not have enough knowledge about trading, it will be very difficult for you to make a profit. Moreover, you need to know that trading takes a very long time and it will be difficult for you to combine trading with your main job. The most suitable solution for you can be considered a long-term investment, that is, bought and hold until the price increases to the size when you consider that the profit is already enough. |
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