Latest posts of: LastKiss

Quote from: Zanab247 on May 02, 2023, 03:57:58 PM

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I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

I will suggest that those traders to be not become greedy in take a decision in trading since our greediness can make our profit from 50% to -50% in a short time. We need to have a clear mindset to do an analysis of the market. Also choosing the correct asset is crucial too since there are a lot of crypto become scams after a few months or a few years, Bitcoin will be the best option for this.

Quote from: Edcrypto91 on April 07, 2023, 05:50:51 AM

I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Simple, just buy Bitcoin and move it to your personal wallet preferably like a hardware wallet like Trezor. You can buy any amount of Bitcoin and start holding and you already become a Bitcoin investor. but inside the investor, there is also a term like a whale, etc. and it is categorized based on how much they're holding.

Quote from: Natalim on May 05, 2023, 04:57:55 AM

Quote from: wajik-tempe on May 05, 2023, 03:58:58 AM

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

The idea of staking is just to encourage investors to hold their coins and earn some percentage while waiting for the price to grow. It somehow builds confidence to holders that a few weeks from staking they'll double their rewards as they sell them. It was now a usual practice by many investors but honestly, I don't do it for the sake that I want to keep my funds secured because I know that the rewards I probably get from staking are very small and aren't convincing for me and most of all, the risks from losing them all if the platform turn scam.

That's why we should wait until the bear market happens cause when that happens we can buy the crypto at a low price and start staking until the bull market starts again. to avoid from scam crypto we can choose top altcoins that have a staking feature with that we can reduce the chance we will get scam by the project.

Quote from: gunhell16 on May 04, 2023, 02:15:19 PM

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What do you think will happen? this is a type of event that every 16 years actually has this problem due to inflation. Please also give your opinion on this matter.

Reference: https://www.washingtonpost.com/business/2023/05/03/fed-rate-hike-powell-banks/

A big chance that Bitcoin will start the pump when the FED starts cutting its interest rate, as for now I think the FED will hold that interest rate at 5.25% since the FED is waiting until the inflation to go lower near around 2-3%. 35k$ won't be impossible to reach next month I think since there are lots of banks already in trouble cause the interest rate keep hiking.

Quote from: initim on April 30, 2023, 08:14:52 AM

Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

Bitcoin absolutely catching those younger people, since young people know about technology and have a passion to earn more digitally. It's really helpful for those who want to do global transactions with a fast compared to fiat money. But since many young people rush into Bitcoin without any proper knowledge they're really vulnerable to scammers out there.

Quote from: spiker777 on May 04, 2023, 01:43:19 PM

Quote from: Sir Legend on May 04, 2023, 02:25:09 AM

If we are confused for business then the easiest thing to develop money is by investing, currently there are many investment options available and if we dare to take risks then investing in cryptocurrencies is a good choice, the opportunity to profit 100% or more in a year makes me tempted to invest in cryptocurrencies even with a small value.

but it is also very risky to invest in cryptocurrencies. and there are very good chances that all money would loose at the end. pluse all the other risks for example getting hacked or scammed. but if someone is still willing to take all the risks then yes investing in crypto can give very high yeild compared to real life investment..
I would go with staking and farming type of investments because this is a type of investment where your original amount of money is kind of safe and can be redeemed whenever you want.

Staking and farming are also a risk since we need to buy the tokens and start farming or staking, we never know when the value of the token that we used will go down. Everything like investing or depositing in the bank also has a risk, just like we see there are already a few banks almost bankrupt due to interest rates from the FED that affect customer behavior. If we want to wisely use our money we should learn first before we use it since knowledge is really important to prevent money loss in an instant.

Quote from: LDL on April 30, 2023, 12:01:42 PM

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If you could travel back in time today, what would you do?

Well if I can imagine something like that happening to me, I will fix the decision that I made in the past and the result is not good like not investing more in Bitcoin is one of many regrets in my life, Studying hard in my school days, and many more that I will fix it. But that's really a miracle when someone really able to go back with a traveling machine and instead thinks regretting what I did in the past I move on with a new mindset today.

Quote from: Oshosondy on April 28, 2023, 07:42:22 AM

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As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
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Yeah, since trading is not guaranteed our profit then we can't hope to get rich quickly from trading but there are people who become rich from trading because they already know the market behavior. Even those people who are experts in trading are still not guaranteed their profit through the market since the crypto market is not predicted at all. It's sad when people invest or trade in crypto especially meme coin because they're hoping they can get rich in a quick time but actually, they're only risking their money.

Quote from: aubert on May 02, 2023, 11:46:55 PM

Quote from: ije07 on May 02, 2023, 08:23:34 PM

Play2earn had a fantastic start when it was released because we could purchase certain tokens, however there are currently numerous errors in some crypto games and numerous bots that influence the price of these tokens. As a result, Play2Earna is now not worth your money to invest in because the rate tends to drop and there is no improvement when the game has a lot of bots in it.

Boring game play, long ROI and many reason why play to earn game has not able to exist in the market even longer. The developers of the play to earn game shall be thinking what's wrong with their games. Their games were not able performing so well during the bearish market.

The game like axie theorically dead during the bearish market. SLP is just a worthless token now as well as all of coins in the axie ecosystem.

Yeah, the hype won't last long since many play-to-earn games end up being like pay-to-win games. I spent a lot of my time play play to earn games but the results are not that good compare to spending my time doing trading analysis. Also many new project coming up bring that NFT + play to earn concept to attract new investors although the game that they bring is not that pretty unique to us

Quote from: Freddie Boyer on May 03, 2023, 05:39:37 AM

Quote from: sha420hashcollision on May 03, 2023, 03:56:57 AM

Your favorite altcoins are capable of losing 75% of their value within the next market cycle

Yes, Investing in cryptocurrencies carries a higher level of risk than traditional investments and other cryptocurrencies, is subject to market fluctuations and subject to significant price drops. While it is true that some altcoins may experience a significant drop in value during a market cycle as you mentioned “Your favorite altcoin may lose 75% of its value in the next market cycle”, that does not mean that they are “dead”. Altcoins can have use cases and propositions. their own unique value, and some may still be able to provide a good return on investment in the long term.

I agree, altcoins are not dead instead many of them end up being scam projects after a few years or a few months launching. many altcoins didn't survive when the bear market came and there are not many projects that came when the bear market happened but when the bull market started we can see again many new projects coming up and we can see another alt season within this bull market cycle. Even Bitcoin also lost 50%+ value from its ATH on the bear market.

Quote from: Wikey on April 14, 2023, 01:04:41 PM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

Why not go for BNB or ETH, ADA is also a good choice but with that amount of money, I will go for BNB instead. XRP has a great community out there although a lot of FUD about XRP but XRP remains solid. If I end up choosing XRP I won't hold long, max until the next bull market end and I will sell all my XRP instead I will go long term for ADA.

Quote from: Crypt jnr on May 01, 2023, 04:14:05 PM

In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it

You can stake your coins when the bear market started although staking your coins in trust wallet not making your funds safe since keeping your balance with a hardware wallet is safer for you, at least you can stay away from CEX since there is a lot of bad news about CEX a few months ago and probably it won't stop there. Personally when the bear market few months ago I staked my coins in a platform and I'm quite satisfied with the result tho.

Quote from: Davidvictorson on April 26, 2023, 06:54:04 PM

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What class of an investor are you?

Wondering why there was no lucky investor because I used 20% of my capital to invest in a project that can be 50-50 to succeed and fail. The rest I will use my research to choose where I should put my money cause in this crypto space we can't guarantee a project will give us ROI that's why around 20% I will use it for luck-based investment.