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1461  Economy / Trading Discussion / Re: Lets Brain storm on how to limit losses... on: April 26, 2023, 02:38:09 PM
...What led to your major loss in the market as for me it was staying too long on a trade i was making good profit before it turned all red and while waiting for the market to finish the correction moves i ended up losing everything.  How about you?

The first thing I remember when talking about losses is margin trading without stop loss. Until this is a mandatory condition for you to open a deal, you will regularly lose your money when the price moves in the opposite direction to your expectations.
1462  Alternate cryptocurrencies / Altcoin Discussion / Re: Contract Addresses: The need to be more cautious on: April 25, 2023, 04:49:13 PM
...Scammers are improving they can now use a contract address that is very much similar to the real one, so awareness is very important you should check and double the details.
One moment of carelessness and you lose your coins.

I don't understand what is the danger to my wallet? The fact that a fake coin is on the balance of my wallet does not lead to a loss of balance. To lose the deposit, you must at least allow the withdrawal of coins from your wallet, and this cannot be done without your consent.
1463  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your opinion on shikoku inu? on: April 25, 2023, 11:46:03 AM
...And when this hype dies down, be rest assured that that the project will die as well.

So the project has already died a long time ago. The official Twitter Shikoku Inu has not been updated since 2021. This indicates that the team has abandoned work on the project. I can assume that the team sold all their coins on the first pump, thereby annulled the motivation to work on the project.
1464  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH vs BTC future growth potential on: April 25, 2023, 11:11:09 AM
Can anyone explain why Ethereum is considered as a store of value, despite the fact that the amount of coins to be mined is not finite like BTC?

Despite the fact that the issue of ETH is unlimited, after the network switched to PoS, it became deflationary, since the number of coins burned exceeds the number issued. So after the merger, Circulating Supply ETH decreased by 0.14%, which is approximately $1.2 billion.
1465  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your opinion on shikoku inu? on: April 24, 2023, 10:12:11 PM
Does anyone know the token, it looks promising

Tell your story about how you found out about this coin. Why, among the many promising coins, did you choose Shikoku Inu - a coin that was pumped at the time of creation and then abandoned. It is possible that you have invested your capital in this coin and now you want to attract attention to it, in the hope that its price will increase.
1466  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10k investment on: April 24, 2023, 09:47:39 PM
...because indeed next year, according to the cycle, the bitcoin price will reach a new ATH again.

These are just our assumptions that the price of bitcoin on the eve of halving will increase in price. There is no guarantee that this will actually happen. And it is quite possible that, contrary to our expectations, the price of BTC will not only not grow, but on the contrary will decrease even more.
1467  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are a joke. on: April 24, 2023, 02:19:26 PM
i believe this fee will just never gets resolved, best course of action is just move on, this fee is indeed ridiculous, but that's it, nothing we can even do, even trying to set custom fee might even incur loss, considering the nature of eth blockchain, if your transaction fail in execution you will lose your gas along the way, it's just ridiculous.

We can only wait for the Ethereum team to fulfill its promise and implement sharding technology, which will reduce the commission on the Ethereum network. Actually, it was the implementation of sharding technology that was one of the reasons for the transition to Ethereum 2.0
1468  Local / Альтернативные криптовалюты / Re: Coinlist - хайп площадка токенсейлов on: April 24, 2023, 01:41:44 PM
Coinlist анонсировал тестнет ZetaChain для валидаторов и разработчиков - https://coinlist.co/zetachain-testnet
Крайний срок подачи заявок - 30 апреля 2023 г.

Кстати, по ZetaChain до сих пор продолжается тестнет https://labs.zetachain.com/swap
1469  Economy / Trading Discussion / Re: Where can I invest 4k bitcoin on: April 24, 2023, 10:47:57 AM
Where can I invest 4k bitcoin
To make profit daily 100$

It seems to me that you are setting yourself too high a goal, which may involve high risks. Ponzi schemes can promise you a similar profit. And if you decide to take a risk to earn a similar profit, then this will be the first step to lose your money.
1470  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are a joke. on: April 23, 2023, 07:39:58 PM
...I recommend you use L2 blockchain like arbitrum or optimism if you wanna using ethereum. It cost even less than btc transaction.

But in order to use the Arbitrum or Optimism blockchain, you will first have to transfer your funds from the Ethereum blockchain using the bridge. And in this case, you will still need to pay for gas in the ERC-20 network first.
1471  Economy / Trading Discussion / Re: IS IT SAFE TO INVEST PENSION FUNDS IN BITCOIN? on: April 23, 2023, 06:24:00 PM
Pension capital cannot be invested in risky instruments, which certainly include cryptocurrency and in particular bitcoin. In this case, the preservation of capital is a more significant goal than the possibility of obtaining super profits in which there is a high probability of losing money.
1472  Other / Beginners & Help / Re: To Trustwallet users. Vulnerability. Repayment. on: April 23, 2023, 05:44:29 PM
Its community should indeed decrease and not exactly for the reason you sighted but cause it is closed source and its users cannot verify what is contained in their code or their mode of generating addresses. ..

I do not know on what basis you made such a conclusion, but the official Trust Wallet website states that "Trust Wallet is a community driven, open-source, multi coin crypto wallet" - https://trustwallet.com/developer/ Are they blatantly lying to us?
1473  Other / Beginners & Help / Re: To Trustwallet users. Vulnerability. Repayment. on: April 23, 2023, 10:33:32 AM
The fact that Trust Wallet guarantees compensation for losses that arose as a result of hacking due to vulnerability is a positive signal for the entire cryptocurrency market. Thus, Trust Wallet is trying to preserve its community, which would inevitably decrease if there was no declaration on compensation for damage.
1474  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: April 23, 2023, 09:41:25 AM
I think that with the introduction of CBDC many banks will disappear, only large state banks will be left to regulate all citizens money, as is already practiced in China. If cryptocurrencies prevent this, governments will try to ban it, as China has tried to do again many times. So yes, banks will never go anywhere.

You must understand the difference between a planned economy, which is inherent in China, and a market economy, which is inherent in the civilized world. Accordingly, the situation described by you can only happen in countries where a dictatorship is in power.
1475  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Pepe The Frog (PepeBNB) made 644% in 2 days and keeps growing on: April 22, 2023, 08:30:57 PM
...Is it mean that memecoins times come back? Maybe that is new Shiba? 

This just means that many still want to exploit the memecoins theme for personal enrichment. And it can be assumed that this new coin will never repeat the success of Shiba Inu. And after a while, when the owners of PepeBNB sell their coins, this coin is waiting for a dump.
1476  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: April 21, 2023, 02:55:45 AM
...Additionally, the current banking system functions optimally primarily in the EU and US markets. Across the globe, the situation varies significantly. It is anticipated that the EU and US may face challenges transitioning from the traditional banking system to a cryptocurrency-based system. However, for the rest of the world, where the banking sector has yet to fully develop and function efficiently, adopting cryptocurrencies could be a smoother and more straightforward transition.

I do not think that such a replacement is possible at this stage of the development of the banking sector, since crypto banks cannot fully perform the entire list of services that are inherent in traditional banks. The situation looks more real when traditional banks expand their list of services related to cryptocurrency.
1477  Alternate cryptocurrencies / Altcoin Discussion / Re: What are Meme Coins? on: April 21, 2023, 02:35:33 AM
I have never bought such tokens and I am pessimistic about this. I don't and won't trust. It's my personal opinion. There is no sense and usefulness for the crypto community

It is everyone's choice whether to participate in the hype around meme coins or not. From my experience, I can say that I was lucky enough to buy Doge several times in a timely manner before Elon Musk wrote a post mentioning this coin, as a result of which I got a good profit.
1478  Other / Beginners & Help / Re: Can I earn only from cryptocurrencies? on: April 21, 2023, 02:16:05 AM
You can generate good money without investing if you know what to do. Because tokens cannot be sold to untrained investors, airdrops are likely to be a hot topic right now. This carries serious consequences, and projects cannot be stress-tested without users...

This type of earnings can be considered only if you have a permanent job in the office, since the income received from airdrop is not permanent, and you will not be able to provide for your vital needs. But you can use this type of earnings as an additional to the main type of employment in crypto.
1479  Alternate cryptocurrencies / Altcoin Discussion / Re: ICP - Good investment? on: April 20, 2023, 06:08:19 PM
...I am not sure if it will get back anywhere near its all time high again but if it was to only get back to £100 that is a 20x from current price...

Most altcoins have lost about 95% in their value since the last bull market, and ICP is no exception. And I am skeptical that they will restore their value to the level of the past ATH. But if we take more modest goals, then we can assume that in the next bull market, the value of ICP will be able to increase to x20.
1480  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the altcoin holders hang on until the bull run comes ? on: April 20, 2023, 05:43:32 PM
correctly, you need to have patience in crypto trading, otherwise it will be very painful because a beginner and not only a beginner is trying to quickly sell altcoins earned, it harms not only himself but also others, since there are many who want to sell quickly and naturally the price falls on the coin which is being sold

You should not blame newcomers for selling coins too early when they see a small profit, and this allegedly leads to a dump. Beginners do not have so many coins that the sale could affect the price of the coin. And as experience shows, it is better to get a small profit than a big loss))
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