Latest posts of: LastKiss

Quote from: MIner1448 on May 11, 2023, 07:48:44 PM

If you use technical analysis, then it can help you make more informed trading decisions based on the analysis of price charts and other data. Technical analysis can help you determine price direction, support and resistance levels, and when to buy and sell.
However, if you prefer fundamental analysis, then technical analysis may not be that important to you. Fundamental analysis focuses on factors that affect the market, such as company news, events, and financial statements, and can help you determine which assets may be overvalued or undervalued.

Both can be combined and if we do that we can get better results, We can also copy other people's strategies if I'm not wrong for those people who don't want to learn technical analysis. Well, learning won't be easy at first but if we have that knowledge our trading results definitely different rather than not using it.

Quote from: Sidra101 on May 07, 2023, 06:01:29 AM

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

You can always use another altcoin depending on what you're using with that altcoin, there are a lot of alternatives like BNB, TRON, etc. which will have lower fees compared to Ethereum. If you insist on using Ethereum because have a special reason then wait until there are not many transactions in the Ethereum chain and you will see lower fees if that happens.

Quote from: Kaliandra on May 10, 2023, 12:53:13 PM

~snip~

i want to hear your opinion,,,
and are you freaking out about the high btc transaction fees...?

but in my opinion if transacting btc it would be better to use a cheap transaction method.

Bitcoin transaction fees become high is not new in crypto, since many people doing transactions the fee will increase. I have the same mindset as you, hold for the long term and keep investing because the price is still at a discount. Those people who do transactions is a traders who looking for more profit and it's normal, if we want to transactions there is a lightning network feature for lower fees I guess.

Quote from: Yamane_Keto on May 08, 2023, 11:52:49 PM

We all know the problem of the recent high bitcoin fees and because we can't do much, at least postpone all your bitcoin transactions for this week, including a call to all signature campaigns and your friends to postpone payment for this week for several days.

~snip~

Well this year I never made one transaction for Bitcoin, because I always hodl till the next bull run ended. It's crazy seeing many whales moving their Bitcoin made the fees grow up and also this year Bitcoin movements are really volatile due to many whales moving their holding that making fear to traders.

Well since I'm holding for the long term I'm just going to buy more since right now the price is at a discount...

Quote from: Why you bully me on April 10, 2023, 03:06:39 PM

I'm a fan of cardano and I think it is making great progress these past years especially last few. But in the crypto community, cardano just seems to be getting hate and also from crypto media. They do not point out the great upgrades and updates that ada is having but just seem to talk about the bad or not true.

Why do you think this happens? Cheesy

Its normal, just like Bitcoin many top altcoins will have a lot of bad news to make the price down purposely so they can buy that altcoin at a cheaper price. You will see a lot of negative comments or haters on social media, news, coinmarketcap, etc. that's why we should not get on that FUD so we won't become a weak hand just because other people spread negative comments.

Quote from: Ojima-ojo on April 22, 2023, 03:50:38 PM

~snip~
So this have led me to ask this fundamental question of what role have altcoins played in the cryptocurrency industry, Has altcoin played any significant role in increasing the adoption of Bitcoin?

Have alternatives cryptocurrencies help the growth and adoption of cryptocurrency in the global market and how far have the presence of alternatives cryptocurrency help the industry positively?
Or Negatively?

Altcoins help cryptocurrency adoption for sure, there are a lot of altcoins with many utilities that Bitcoin doesn't have. just like its name altcoins tends to become alternative to Bitcoin since some of them have lower fees compared to Bitcoin, some of them have NFT and metaverse that Bitcoin doesn't have, and many more. Without altcoins, I'm pretty sure the crypto industry won't become this big.

Quote from: Kgdktac on April 19, 2023, 09:54:59 PM

~snip~
Questions to consider:

1: What trading strategies have worked for you in the past?
2: How do you manage risk when trading cryptocurrencies?
3: What are some indicators or tools that you use to inform your trading decisions?
4: How do you deal with market volatility and sudden price swings?
5: How do you set your buy and sell orders?
6: What advice do you have for new traders who are just starting out?

Let's have a productive discussion and share our knowledge and experience with each other; Thank You

Personally, I'm not trading that much because I'm busy with my work, but when I see a chance to trade then I will try it. Mostly for simple trading analysis, I used the RSI indicator with this I can trade for the short term. As long as I use money that I can afford then I can ignore the market volatility but I highly avoid those shady tokens in the crypto market.

Quote from: Queentoshi on May 08, 2023, 06:45:37 AM

This season where transaction fees are really high can be a discouragement for people who were already becoming used to making payments in bitcoins at their local stores that accept payments in bitcoins. For people who have businesses that accept payments in bitcoins, how are you coping at this time when transaction fees are really high, and what adjustments have you made to try to see that people do not totally cancel out making payments in bitcoins due to this challenge.

Because of that and the big volatile price of Bitcoin is the major reason why until now Bitcoin is hard to adopt in a business since when we buy something locally its still better to use fiat money since no fee is applied compared to Bitcoin, but if we want transaction for global I think Bitcoin still an option.

Quote from: Lorence.xD on May 09, 2023, 05:05:44 AM

Quote from: Poker Player on May 09, 2023, 03:51:08 AM

Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.

Having an investment of course doesn't make you rich in instant there's always be a process. Investing your funds it's much better than saving it but you can do both so some of your money are working for you and some for in case of emergency. There's always a risk but a high risk always come with high reward but also none, still better to have a probability of success than nothing. Investment could make you rich for a long term, it we think of it people who bought BTC decades ago if they still have it then most likely they are rich now.

I agree many rich people out there become rich because they hodl for the long term, those people who hodl for the short term because they want to become rich quickly won't get rich in the end. We should be able to separate emergency savings and investments because still a lot of people use their investments as their emergency funds so it made they won't hodl for long.

Quote from: ItsCrafty on May 07, 2023, 04:14:43 PM

Actually in every country there is inflation on its peak may be its due to huge population with minimum resources and may be its due to the lack of job. One can easily survive with minimum cost under harsh situations if he overcome his expenses and reduces using of that things which are more expense so in such way a person can save some amount of money from his salary.

We can talk about investment but we have to teach them about how to minimize daily expenses and how to save money and then how to invest this saved amount and in which coin. May be its take some time but surely one can do it if he is interested in doing so.

I agree minimizing our daily expenses is really helpful especially when inflation is coming, since many people are really wasteful there because they're spending for what they don't need, all is that for getting attention from other people like their friends, BF/GF, etc. In this big inflation, I tried to minimize my daily expenses and it really worked because I don't need to look for a loan or another job to survive. Being grateful for what we already have is needed if we want to minimize our daily expenses.

Quote from: Ultegra134 on May 06, 2023, 03:36:33 PM

~snip~

So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?

If it is possible I would like to work online for Global so I don't need to move abroad since moving abroad will abandon many family and connections in this country. You should try working online first before deciding to move abroad, keep trying and don't give up since right now many people are jobless we should be grateful.

Quote from: Newlifebtc on May 08, 2023, 10:07:39 PM

Quote from: Rasa nanas on May 06, 2023, 11:47:23 AM

it is very difficult to answer this question because scam projects and failed projects are different.
but just try to play in the telegram group and try to ask about something you suspect or something you don't understand about the project. if you get an answer and you think it makes sense it means the chances of scam are getting smaller, but if you get an answer that doesn't make sense or even you don't get an answer and you have doubts you should leave the project.

I just want to clarify you that some of the things that is in telegram majority of them is owned by a scammer and if I happen to get any good response from telegram group don't depend on it thinking that it is a rightful information it is not it is a strategy scammers use in order to drive you close to be able to scam you so let us by I know the functions of scammer

Many scammers run around in telegram honestly and this is why we should keep our awareness from scammers, judging by an admin answer won't determine its a scam project or not since I met many projects that have a great admin and moderator but end up scams in few months. Right now it's really hard to find a good project many scam projects are developing an exit way to deceive investors and then they will scam their investors.

Quote from: Bd officer on May 07, 2023, 01:53:59 AM

~snip~

But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.

Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.

Yeah, many countries still banned Bitcoin or crypto since it is always used by the wrong people as money laundry. If you can still invest in Bitcoin keep doing that since many people will start leaving banks due to high interest like in the US. As long as you're using money that you can afford to lose it will be fine.

Quote from: Wolyusi on May 02, 2023, 07:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

ETH and BNB will be the best option here, I don't quite trust XRP since it had negative news lately. Both of them is a great altcoin and you can try to invest in both of them using the money that you can afford to lose. Don't ever FOMO in other people said just do your own research or bring your trusted friend to guide you to choose the best altcoins in the crypto market.