I don't recommend it, friend, because it can be risky if you can't estimate the percentage of profit to return the money you have borrowed, especially crypto prices that are uncertain and unpredictable. it's better that you don't have to take out any loan just to invest in crypto. use your personal money without exception
Yes, crypto is very volatile and has high fluctuations. is not a good decision if you can't be sure of the profit you can get. of course debt is something that if we can avoid it, even for me personally and I also feel that without a clear goals and also without a mature strategy, this method has a bigger failure precentage |
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I think that its better to avoid defi as long term investment, i prefer just to speculate on its prices
DeFi market has a bigger risk due to its faster circulation. you can get a pretty good profit in just a short time. but you must be able to identify projects that are truly legitimate, for example chainlink, compound, yearn and others. In certain cases, some defi projects are not suitable for the long term because they are influenced by trends |
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Ruffer bought 744 million dollars worth of bitcoin in November for example, and as soon as this was made news, the price skyrocket to above 20k price as well. This wasn't direct as you can see, why? Because if it was Ruffer that made it over 20k+ that would mean they would have done it in November, they didn't buy yesterday, they bought in November so a month ago, but the price reacted to this news yesterday, which means there is a bigger correlation to price increases in bitcoin to the "news" of big deals instead of the big deals themselves.
These kinds of moves will surely increase bitcoin market cap, maybe it will do it a month later, maybe it will do it that day, but whenever something big happens that doesn't change much but the news of it changes a lot.
Because demand is very much influenced by people's knowledge, if people don't know the news then demand will remain stagnant to a certain level, cmiw. The last big purchase had a big enough impact because it was quite hype, where big parties allocate large funds to bitcoin, so people will think that bitcoin has a better value than what they think, so indirectly demand will increase drastically |
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I'm not a professional but I do believe pro knows when is the right time and wrong time base on the market crap and the token price graph. So, being newbie in trading cryptocurrency I'm a little bit excited to earn profit even it is not super big. I want to practice myself in this things believing someday will how how to execute the adaptability and buy, sell, hold approach. Practice makes perfect if possible.
very good, if this is a trade problem believe that profit is very much determined by timing and also emotion. don't let emotions control your greed, and make sure that we can identify the right time to buy or sell. maybe this is not a pro tip either, but never miss an opportunity if you are already profitable |
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It would be more smarter to center to Bitcoin for the interim as its cost is as yet on spike, at that point contribute with altcoins when Bitcoin begins to go down once more. The value crossing $20k is a major information and the equivalent has made individuals consider altcoins siphon. Perhaps there'll be market development, and the equivalent is made out of continuous use increment.
Honestly, I don't really understand what you are saying, but today we see that bitcoin is still unstable even though it has hit the price level of $23k several times, and this also shows that bitcoin is currently in a very positive bullish trend and still has the potential to hit the new ATH before entering the next market cycle |
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I think it depends on the transaction desity.
When the price of ETH is high, you'll need more fee per transaction.
It's not only about price of ETH, it's also about current network load and network's ability to process transactions. That's right, it all depends on the current ethereum network. because ethereum is currently very crowded, the fees will automatically be higher. I still hope that ethereum 2.0 is able to solve this problem soon, because I think this is one big problem that should be resolved |
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Managing trading capital is indeed very difficult and it is one of the things that makes traders experience losses. To begin with, we should at least refrain from being greedy for profit. And in buying make sure to do it gradually, because putting all the capital in one trade sometimes carries a big risk.
Diversity is not the best, if we believe that the investment we make on top coins, for example bitcoin or other potential coins, I believe it will be very profitable. but must have strong extensive knowledge for this, because we have to control our emotions as well as our greed. diversity is perfect for playing it safe |
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I am currently holding XRP and as usual it goes up and down, but XRP is really a potential coin and we all knew that. I really want to add more because it is in low price. It is really good to buy now and hold it until the exchange rate will meet you expectation. We just need to have a lot of patience in here.
A more affordable price and a high ATH compared to the current price is a great opportunity. at least if you have bought xrp at a price of $ 0.3, you must have made a pretty big profit if you hold a lot of xrp |
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There are a lot of cases like this that happen, so I hope all of us can bookmark important links, including exchanges and wallets if you are not using the mobile version. most people are not careful with the links they press and scammers are getting smarter at cloning websites, so we have to be careful
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You have to be lucky to make 50X or 100X of an altcoin. You never know which coin will pump, back in 2017 lots of shit coin pumped to 100X then dump after few days. So it's not like if you research find a good coin and invest, I have seen many good coins won't pump more than 10X. so it totally up to luck.
100x is insane for shitcoin, and I think maybe only certain projects were able to hit 50x. What we need is the product as well as the team behind a project. if both are good, then it is certain that the project will be good. a project with a good product and with a credible team will be a project worthy of our investment |
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Altcoin season may still happen, but not for all altcoins. only a few top coins may have the opportunity to hit the price like at the end of 2017, maybe only the top 20 or top 30. that is because investors are no longer investing in projects carelessly and they are better off playing it safe with top coins
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A lot of negative comments against the vaccine. Let's not forget the fact that all of these vaccines have undergone Phase III clinical trials, which involved many tens of thousands of people. None of the vaccines reported any serious side effects. Those who don't want to get vaccinated are free to do so. But I request those people not to spread unfounded rumors regarding the vaccine.
Yes, I think they are free whether they want to vaccinate or not, as long as unconfirmed rumors are not spread. the most important thing for now is how the impact is among the community. because it is true that in most areas the price of vaccines is not yet affordable. I just hope that the government creates a cross-subsidy program that will help ease the burden of high vaccine prices for the lower classes, so that prices can be more affordable for all people. |
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Tron can possibly be the next ethereum as we lately see many projects using its blockchain for development. I believe this is to avoid the exorbitant transaction and maintenance fees on the ethereum blockchain network.
Tron is pretty good in terms of transaction speed as well as transaction fees, but I'm not sure that TRON is able to keep up with the scaleability that ethereum offers. still a big homework for ethereum because the busy network makes them delay long in transactions, and the gas fee is quite high. but i think tron is still not enough to beat ethereum |
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Maybe we cannot feel the effect of the ETH2.0 at the moment but I have a strong guts that it will definitely be a game-changer for the ethereum blockchain knowing that this development focuses on fixing the platforms problems. I have a strong feeling that sooner or maybe within next year this eth2.0 will be part of the bullish run of ethereum.
True, not all related to price. besides that, we are still on bitcoin bullrun and hype defi. ethereum 2.0 offers a great solution to the crazy gas fee issue that has been a problem for the last few months, and which is going to be great. for now I think the price is still quite good and will increase periodically following the development of the solution given by ethereum 2.0 |
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We learned the hard way, I was so obsessed with planning to be a future whale so I kept holding every single altcoins I earned or mined, after three years of waiting all those coins goes down to the extent of no return, they are so far from recover and almost died, most new altcoins are bad for long term holding, one need to be careful with new altcoins
Crypto-exchanges also contributed to the appearance of dead coins. A token that is traded on a well-known platform will attract new investors faster, because the fact that it is listed already indicates its potential. The problem is that not all project owners could pay for a place in the listing. It's not just a listing issue. many coins have been listed but ended up being shitcoin now. the most important thing is the development of a project, if you look at the top 100 coins in cmc, they all have good technology, real use cases and also development according to the timeline. So the development of a project is the most important because where do you want to take the project, if the project has an accurate real use case I'm sure the price will be good |
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Defi still has many weaknesses in the crypto market. For example, Dex, which easily lists a project or token that does not know its credibility (due to decentralization). indeed decentralization is a great technology, but to make an investment, you have to do a little extra research
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When I met cryptocurrencies in 2017, we would constantly follow ICOs and act accordingly. I think the ICO era is over now.
Why you guys are still calling ICOS dead when there have been still a lot of icos being launched as the successful icos like avax, wozx, base and many more? The ico era is not yet over guys. You must have seen that from the some ico list sites and there is still a bunch of icos still running at this moment. It looks like you didn't try to DYOR by checking directly in the market too.  ICO is still active until now, but the quantity is much reduced compared to the last 2 years. other than that only a few projects were able to survive the ICO. Most projects that are successful with ICO today are those that have projects that are quite unique and good, and have a team with strong networking |
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I think there is something we have to understand here. Isn't coding or development done after determining the product or goal of a project? if they are just bragging and don't show any solution, meaning they don't have a real use case, I'm sure the project will just end up as shitcoin. and for a quality project, I'm sure they won't easily do something without a clear purpose. determine the solution and also the product first then run the project correctly
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As far as I know blockchain system still stucks on scalability. Popular coin like BTC and ETH struggling a lot when there's overflow of transactions and that's already a proof. Can't imagine if the entire world sending transaction at the same time, the fee gonna be whooping high despite ethereum 2.0's sharding.
It's still lacking and insufficient to replace the current centralized traditional money but as the time goes it's gonna be capable. It's just matter of time really and I disagree that it gonna be One World Digital Currency or whatever it is, I can't see it happening.
At the moment, there are really no coins that can handle the billions of transactions that can occur in the event of mass adoption of cryptocurrencies. However, I am sure that such coins will appear as soon as the popularity of cryptocurrencies increases. Ethereum 2.0 provides Sharding, which can give good speeds with minimal commissions. I hope that in the future we will see how this technology will work. Of course, there are a number of projects that offer sharding and I think we already know the direction. maybe it only takes time for the developers to develop the technology, and I think with the many projects now offering pretty good scalebility, I think we'll find something pretty good maybe in the next year. |
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