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1401  Economy / Scam Accusations / Re: Avoid Ponzi/Ponzi scheme is a scam on: May 11, 2023, 09:25:28 PM
Greed and the desire to make profits without hard work have led some to believe ponzi schemes will guarantee returns as promised. They forget that it is an investment that has been set up in such a way that in the end it will only take away all the customer's money, that is due to lack of knowledge and greed. Even today, ponzi schemes still exist, but come in many different guises, even in crypto.

One of the reasons for participating in ponzi schemes is the fact that newcomers do not understand how the cryptocurrency market works. The existing stereotype that you can earn a lot of money out of thin air here makes them believe in the promises of scammers to increase their profit.
1402  Alternate cryptocurrencies / Altcoin Discussion / Re: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA on: May 11, 2023, 08:59:29 PM
I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.
1403  Economy / Trading Discussion / Re: Futures trading and spots trading explained briefly on: May 11, 2023, 03:12:19 PM
...Future Trade is one of the riskiest sites in the trading system. Money is not guaranteed here...

Guaranteed income, in principle, does not exist in the cryptocurrency market. If you see in the cryptocurrency market that a guaranteed income is offered somewhere, then obviously you have a ponzi scheme in front of you. As for futures trading, the risk of losing your money here is much higher than with spot trading.
1404  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does WojakBNB have a chance to be as popular as WOJAK? on: May 10, 2023, 05:49:37 PM
...I agree that investing in memecoins is not a good long-term strategy. However, what is happening with PEPE shows that the season for memecoins is back...

This is not an identical comparison at all. Pepe developers have chosen a coin name that has not been used on the market before. And the developers of WojakBNB took as a basis the name of an already working project, as it was done by the teams of coins PepeBSC, Arbi pepe, PepeSol and the like. So you should not spend money on investing in copies, as they cannot be better than the original.
1405  Alternate cryptocurrencies / Altcoin Discussion / Re: Venom Token Potential Reward For Early TestNet Users - Guide on: May 10, 2023, 05:14:34 PM
Im not yet doing some additional task for venom like joining their discord and some, you think I should claim it now while the network is fast so that when the new tasks appeared Im already ready? It seems that the wallets are highly sybil. That 350k accounts are a lot for a few weeks launch projects. I do hope this will screened carefully as many farmers will definitely try to farm this with multiple accounts.

One way or another, you will have to join the Discord, since there you need to publish a report on the work done in the test network. It is possible that the airdrop distribution will take into account the date when you joined the Discord, since this was previously implemented by SUI. Therefore, it is better to do it now, when the load on the network is minimal.
1406  Economy / Trading Discussion / Re: Futures trading and spots trading explained briefly on: May 10, 2023, 03:57:29 PM
...There are more features though but what do you have as opinion ?
In addition, in futures trading you use borrowed funds, while in spot trading you use only your own capital.
You can also borrow in spot trading which is more like use of leverage.

Following your logic, buying cryptocurrencies on the spot market with funds borrowed from a traditional bank can also be considered as margin trading? It does not matter the origin of the funds, whether you took them from the bank or your friend lent them to you, the trading mechanism is important here, in which there is no Margin Call option.
1407  Alternate cryptocurrencies / Altcoin Discussion / Re: Venom Token Potential Reward For Early TestNet Users - Guide on: May 10, 2023, 10:43:07 AM
I noticed that starting today, the "Earn more VENOM" bonus offers have become available again. But even by completing daily quests, I managed to accumulate a sufficient number of test coins, which I think will be enough for me to complete the second round of the test program.
Yes I saw it cause I didnt do the venom testnet while everyone doing it and when I did it last night it seems that it was very easy unlike many are doing it, they said its lag and quite slow. Ive seen also the additional venom so I'll probbaly get that venom and save for the next task. This is a larger and organized testnet which is quite good. Hope we can get a good amount of drops considering the participants joined.

Now the test network really works fast and, accordingly, you can complete all tasks quickly and without problems. It is obvious that the number of participants who were in a hurry to complete tasks in the first days after the announcement has already greatly decreased.
1408  Alternate cryptocurrencies / Altcoin Discussion / Re: Venom Token Potential Reward For Early TestNet Users - Guide on: May 09, 2023, 06:50:16 PM
Yes I am doing it already during my spare time but I did missed out the bonus offers from the "Earn more VENOM" like the Discord, etc., and I only have like daily quiz only where I can get 5 testnet VENOM tokens if I get the correct answer...

I noticed that starting today, the "Earn more VENOM" bonus offers have become available again. But even by completing daily quests, I managed to accumulate a sufficient number of test coins, which I think will be enough for me to complete the second round of the test program.
1409  Economy / Trading Discussion / Re: Futures trading and spots trading explained briefly on: May 09, 2023, 06:34:38 PM
...There are more features though but what do you have as opinion ?

The main difference between futures trading and spot trading is that you buy a contract, not a cryptocurrency, while with spot trading you buy cryptocurrency and, accordingly, you can freely dispose of it. In addition, in futures trading you use borrowed funds, while in spot trading you use only your own capital.
1410  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I believe this might be the Binance's new bitcoin - maybe a 1000$ per token on: May 09, 2023, 01:41:08 PM
Satozhi (SATOZ) is a token that lives on the Binance Smart Chain and implements the world's first full Proof-of-Burn (PoB) protocol. It was launched in March 2021 and named after the founder of Bitcoin, Satoshi Nakamoto. ..

Since you named your coin after Satoshi Nakamoto, why did you make a mistake in writing the ticker? In which language will the name Satoshi have the spelling Satozhi? It's like you just want to get a hype by exploiting the image of Satoshi Nakamoto.
1411  Other / Beginners & Help / Re: Is bitcoin a good option for a beginner in Cryptocurrency? on: May 09, 2023, 01:13:59 PM
Am a newbie I need more detailed clarification and explanation from senior colleagues here on the best Cryptocurrency to invest on whenever i have the funds and how to go about it.

Bitcoin is a good investment not only for beginners, but also for those who have joined the crypto community for a long time. Moreover, such investments will be safer compared to investments in altcoins, despite the fact that altcoins can bring you a big profit.
1412  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SUI TOKEN PRICE SPECULATION on: May 08, 2023, 02:14:50 PM
Well, I understand that the hype for this token is too much and also the project is very good one but in all this we should not forget about some key things for this token. If you check the coinmarketcap for SUI Token (https://coinmarketcap.com/currencies/sui/), you will see that only 5% of the supply of SUI token is in circulation while 95% of the supply is yet to be released.

With this you can very well, think that there will always be enormous selling pressure as the SUI tokens will keep on unlocking over a period of time.

To be exact the circulating supply is 528,273,718 and the total supply is 10,000,000,000. Do consider this when you plan to invest in this token for long term.

According to the Miles Deutscher tweet: - https://twitter.com/milesdeutscher/status/1653903105883271174, the issue of SUI coins is calculated until 2030. And if the unlocking of coins followed evenly for 7 years, then the pressure of sellers would be evenly distributed over these years. But according to the schedule, most unlock coins will be produced within a year and this is the main problem of the SUI price.
1413  Alternate cryptocurrencies / Altcoin Discussion / Re: USDC is not safe on: May 08, 2023, 01:35:02 PM
...If a stablecoin is not backed by the government, don't count on it as a reliable medium of exchange. I think CBDCs will eventually prevail, leaving stablecoins behind in the dust. With strong regulations against the crypto/Blockchain industry, anything can be expected. Just my opinion Smiley

Since CBDC will be issued by different countries, they cannot be equal in their reliability. It's like comparing the American dollar with the Nigerian naira. In this case, the digital naira may turn out to be quite unreliable CBDC in relation to the stablecoin, which will be backed by the US dollar.
1414  Alternate cryptocurrencies / Altcoin Discussion / Re: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA on: May 07, 2023, 05:44:42 PM

The owner of this wallet - https://etherscan.io/address/0x4a2c786651229175407d3a2d405d1998bcf40614 bought Pepe coins worth $250 on April 16, which turned into $22 million in 3 weeks. It was interesting to watch the wallet as its owner recorded a daily profit of tens of thousands of dollars. At such moments, I want to say: "Everyone could get rich, but not everyone succeeded."
I would say that if that wallet owned by the developer itself. Pepe token has been started to be traded around 17 april. I don't even think if that token bought by ordinary person. It's quite strange that if that guy was able to buy on 16 april a day before the launch on uniswap. Am i wrong about that? The chart on uniswap told me that if it's actively traded started from 17. it may be insider. I can't deny that there are many meme coin creators who were buying their own token during the launch.,

Of course, it is impossible to say for sure that this lucky guy did not have insider information, but if we analyze his purchases, we will see that he actively bought not only Pepe, but also many other new coins. As for the launch date of the Pepe coin, this information is posted on Binance: "PEPE, a memecoin launched on April 14..." - https://www.binance.com/en/feed/post/454727
1415  Local / Трейдеры / Re: Последний вагон на север on: May 07, 2023, 05:09:32 PM
А вот наглядный пример того, как инвестировав 14 апреля 250 баксов в покупку Pepe, получить к 6 мая 22 миллиона долларов: https://debank.com/profile/0x4a2c786651229175407d3a2d405d1998bcf40614/history?token=0x6982508145454ce325ddbe47a25d4ec3d2311933_PEPE_eth

Это адрес разраба, без инсайдерской инфы ни один простой инвестор никогда бы не смог провернуть такое.

Не буду настаивать, но если есть желание, просмотри кошелек через эзерскан, а не по той ссылке, которую я указал, так как там установлен фильтр только по одной монете Pepe. Или просто убери фильтр. В таком случае ты увидишь, что тот счастливчик, довольно активно покупал не только Pepe, а множество различных новых монет. И как результат, одна из покупок оказалась довольно таки профитной. Да и на мой взгляд, если бы речь шла о разрабе, как ты пишешь, то и покупка была бы намного больше, чем 250 баксов.

Я больше склоняюсь к мысли:
...Видимо тут совпало сочетание опыта, знания предмета, глубокого профессионализма и удачи...
1416  Alternate cryptocurrencies / Altcoin Discussion / Re: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA on: May 07, 2023, 09:42:54 AM
...f he had holdings till then, he would have been the next billionaire. Imagine the pain that is soaring from this incident.

Have you encountered anything like this?

I am sure that every investor experienced similar feelings when the price of a coin increased after it was sold. And it has a scientific definition - the syndrome of lost profits. But if the price of the coin decreases after the sale, then for some reason we forget about the fact that we sold our investments in a timely manner.
1417  Alternate cryptocurrencies / Altcoin Discussion / Re: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA on: May 07, 2023, 09:03:50 AM
Yeah I explored his wallet. It seems like he was really smart but he was just buying tons and tons of these brand new low cap tokens and basically knew that he would hit it big on a few of them.

But if you look what else he bought he had some bad investments also. There are tons of these tokens which do nothing but get rugged by the developer.

Yes, he regularly buys a huge amount of new coins and NFT, but he has never invested such a budget that he spent on the purchase of Pepe before. One way or another, but it looks like a real example that investing a little money in memcoin at an early stage, you can become a millionaire.
1418  Local / Трейдеры / Re: Последний вагон на север on: May 06, 2023, 08:37:07 PM
...К слову пепе дал не 20 иксов, а 88000 Lips sealed Кошмар Grin

"Каждый мог", но не каждый получил эти иксы))
А вот наглядный пример того, как инвестировав 14 апреля 250 баксов в покупку Pepe, получить к 6 мая 22 миллиона долларов: https://debank.com/profile/0x4a2c786651229175407d3a2d405d1998bcf40614/history?token=0x6982508145454ce325ddbe47a25d4ec3d2311933_PEPE_eth
Кстати, получается ровно 88000 иксов))
1419  Alternate cryptocurrencies / Altcoin Discussion / Re: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA on: May 06, 2023, 08:18:07 PM
...I should have made thousands of dollars as well if I should have bought PEPE even if it already gained couple of thousands percent recently this week...

The owner of this wallet - https://etherscan.io/address/0x4a2c786651229175407d3a2d405d1998bcf40614 bought Pepe coins worth $250 on April 16, which turned into $22 million in 3 weeks. It was interesting to watch the wallet as its owner recorded a daily profit of tens of thousands of dollars. At such moments, I want to say: "Everyone could get rich, but not everyone succeeded."
1420  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How is the chance of $PEPE to become the next $SHIB? on: May 06, 2023, 07:11:08 PM
maybe that could happen, especially now that PEPE is listed on Binance exchange, so the chance for PEPE to beat SHIB is very big, then it's not impossible that PEPE can become the next SHIB (replacing the popularity of SHIB), but the risk to invest in PEPE is very big, because PEPE is a meme coin, so I think if you want to invest in PEPE, then don't invest for the long term (big risk).

Very often, after listing a coin on the Binance, it is sent for a deep correction after a short-term pump. It is possible that this is what is happening now with the Pepe coin, the price of which has decreased by 35%. It is obvious that large wallets have started fixing their position, which will definitely lead to a further price reduction.
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