It does not mean though we are using the centralized exfhange is we trust them already. We know the great saying not your key not your coin. But we like yhr products that centralized exchange offering compared storing on a non custodial. Yes maybe there are consequence but knowing that is a risk which we already knew. If Im gonna trust a cex defintiely its Binance compared to other ones. Im not sure if those who speak badly on cex, arent using it though probably they are.
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Either its true or not could affect its customers and users. News like this tend to stir the market too especially bithumb is one of the backboned exchange or one of the longest exchange. For a CEO to be in this kind of issue is considered bad already and might lead to such downfall and trust from the community.
Ive been using this market exchange for the last 3years since they also have a fair share of listed tokens of my holdings.
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I didnt do actually day trading but if I would given chance to start over maybe the routine of investing early and trusting my guts more. Cause Ive got some tokens in the past that If only I hold it then it should become a worthy investment as of this day and even 1 to 2 yrs ago since I caught or seen their prices way too early.
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Because I'm not really a good writer
If you arent then try to be one. No one is an excellent writer right away. Everyone has their own mischief and what you could do is to ammend that by learning how to be one. Try to read a lot of books, watch some english tutorials, and see your improvements once in a while.. No one will help you but yourself. Asking about what to avoid here is simple, dont spam, try to engage only if you are able to caught with the topic threads, always accept mistake and learn from it.
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At least its greatly been used in your country. People are still skeptical about bitcoin thats why we cant generalize all countries that uses it. Some utilize it and some just olain simple fiat. Though we all knew that bitcoin usage will keep increasing in the future, its value will appreciate as all countries that arent joining the wagon will soon realize its convenience.
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Ive got some domain on evmos network since its cheap that time. But Im not sure whether the price move eversince. But I only name famous one not related to my name cause maybe this could be more valuable later on. With regards to nft, I didnt do any degen plays or nft flipping at the moment due to saturation. A lot of nft has been swarming again, and its kinda hard to know which one has solid and potential gains especially the acquiring of it are always on the whitelist mode.
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I was surprised to see the fantom coin, which has gone up a lot and two weeks ago it was still cheap, but now it has gone up a lot. I want to ask whether the ftm coin will have the potential to continue to rise? And what's with the ftm coins that keep going up in price? I want to hear an explanation from you?
I do noticed that CT has gone viral on twitter posting a lot about ftm. Its like a bit of a virus already. Like Andre Cronje leading the posting about the latest twerk about ftm which involve events and upgrades. I am not gonna blame them since ftm has gone dead for months and now its like simply been revive. Not so bullish, but ftm is one of my longest holding on L1 including avax.
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Fomo is the least I should do among it. Its like being lured in a trap that later on youll convince yourself that you shouldnt rush in something like this. We should learn to be discipline enough to buy only when we see a red on the market and some level hitting up a solid signal to buy and not just swayed by people on socials that it will be the bottom already cause no one really knew that. Its either do a decent dca.
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Why blame the consensus being used when there is a hack around? Its quite offensive on PoS project especially PoS hasnt have much that problem with their usage. Its the token platform, or token smart contract that being used are the one that has problem and flaws which resulted to being hack. Especially bridges from one coin to another.
I doubt eth PoS will be targeted and for God's sake its the number 1 platform on altcoin, Im sure they made their secuirity adjustment towards silly hackers.
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what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Could be an indicator that whales are trasnferring bitcoins to their own wallets. Since recent news about centralized exchange got become an issue as storing of coin might (surely) be compromise if the exchange pop into some serious troubles like ftx did. It does not mean they bought that from exchange, it could be seen on chain.
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How come your tokens got siphoned? Are you putting of your tokens on a platform. I know alliance block and they are an erc20 tokens. You should just have stored your tokens on your non custodial wallet. Usually being stayed on platform makes this more dangerous especially if the project itself isnt fully secured and audited. Ive been trading this before during 2021.
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Thats because he said that was nothing means he is ready to lose that 100k. Im sure he got depress over it when he see the $4k value during that time but got discipline to supress his emotion by selling it just to recover something. Making it a million $ is awesome and he probably got a good gains from that. Anyway a lot of stories like this in the past. The lesson there is just risk whatever you could cause who knows what will be the aftermath of the market right.
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This because yield farming is a complete scam where they're ask you to lock your token in centralized and unsecure pools, which kill the definition of decentralized finance. Don't get tricked with the high interest they're offering, your token price will keep drop and it's make yield farming isn't worth it.
Are you talking about pair farming on a platform? Cause I had some on ftm blockchain and I could remove it anytime without locking my tokens. There is such risk on yield farming but APR could somehow remedy that. Its a risky one but if the price of the farm tokens matured or increased then youll benefit within it. Sometime its quite low on rewards, due to increasing poolers but it will compensate on a long run.
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If a token supply of a project is 100 million and the team is taking 10 million for themselves is this a red flag? If No, how much is alarming allocation for team of a new project?
Thats 10% of the total supply well we need to give credits to the developers right? I think its not bad at all, since most projects have did this in the past. My second question is about the locked period of team token allocation, have this proven to be a better solution to avoid dumping from the team themselves?
This is usually been disclosed at the beginning of their project. Its also good to have team locked for a longer period especially it will be good in eyes of the investors that team doesnt have any plans to sell and yet focus on the project more.
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Yes they definitely will always try to use anything hype for now. So AI related projects are the one we should be able to look out for. Even the meme tokens with affiliated with that will surely be used to make or feed more money from users. Well scammers are just a rolling gloves which usually exploit traders and users from these bullshit hype.
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Not obly beginners but everyone I think who invest in crypto are wanted to gain profits and eventually go to status of being rich. Lets not sugarcoat that cause who arent wanna get rich right? Everyone might deny they just want to be engage on crypto but without that goal is probably a lie.
Its not easy to get there but being involved in crypto might they think they could. But the problem here is their mentality that its look so easy.
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I really agree not to use borrowed money to invest in crypto because it has a big risk where we have to pay back the borrowed money every month. In addition, we know that the crypto market is always changing and does not guarantee that we can always get profits every day or month.
Defi actually works like that. Its not bad if you knew what you are doing. I see some who uses borrowed loan from defi projects and actually like earning without using any of their money at all. Thats cool, but for some reason we kinda feels like its too dangerous, of course it is. Its just a matter of perspective on how knowledgeable you are to use that kind of method. Loan arent bad but make sure you know what to do.
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theymos has never replied on this idea and likely he did not feel comfortable to deploy it officially.
That means its impossible to have a new rank and based on the discussion here, I doubt it will ever be deploy. But it seems some of the veterans are interested to have this new rank. The idea isnt bad after all, since we have something to look forward besides being a legendary rank already.
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Its not that we are being greedy but everyone has their own timeline and has preference to sell their holding at their desire price. Mostly users make a mistake by holding their asset too much that they are forgetting to monetize their gains and leaving selling again at a lower than their entry instead cutting loss. Fear really does affect the outcome of our decision and tends to lose in a situation we shouldnt do it.
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If you have knowledge on technical analysis then go on and pitch your recommendation, but advising them is a risky thing though. You might got blame if there some worse thing that happened on their money.
Maybe try to show and let them be educated on how bitcoin works in a simple way including the usage of it and how we can generate utility of it. The trading or investment part should be well explained so that they can grasp how volatile and dangerous investing on bitcoin and other cryptos.
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