Elon has been pumping doge for over a year now. Whenever he can he sends out some doge tweet and the currency goes pumping like crazy within seconds.

He probably won’t try this because i don’t think anyone would use it. Nobody holds doge, even crypto holders and people won’t buy it just to send someone a tip on Twitter.

These days you can just keep most of your crypto in your hardware wallet and just send it back and forth when you need it for a trade.

Fees are cheap now and using something like USDT on Tron it’s pretty much free of fees. And they are usually very quick.

This was difficult in the past because ETH had large fees and it would cost $50 to send a single transaction, now you don’t have this issue.

Regarding your #2. Vitalik actually did promise POS for years. He has been promising it to take place in summer of 2016.

So you just got unlucky that you bought gear in 2022. We miners were all scared to buy GPUs anytime in the past 6 years because we knew there is a POS risk. However it was delayed for years and we just kept buying GPUs.

Yes the time span is important. Especially when you are in a trade, you are expecting something to happen, and if it doesn’t you need to get out.

Reason why this is important is because you are probably not the only trader to think like that. Eventually others will get bored and start to sell and it’ll go against you. So it’s wise to always get out if the trade doesn’t look like it’s going to work.

Depends how the inflation data looks. I am assuming it’s going to be as expected and we trade sideways until November or December. I think this sideways volatility will continue.

If the numbers are very good or very bad then I see how we can break out of this tight range we are in. If we get a  very positive number it means fed is hawkish and might increase rates even further. If we get a very negative then we will really because it means the fed will be more dovish.

It doesn't make sense to mine at a loss. If you want to accumulate coins you can just buy them directly without mining. If you are mining at break-even you are pretty much losing money since you are wearing out your gear.

Every hour your gear runs it increases the chances of something getting burn't out such as a fan bearing going back. If you want to invest in crypto, just buy it directly. Only people who mine at a loss are maybe those that have difficulites buying crypto due to regulations, in that case its worth mining at a loss. However that doesn't apply to most.

Generally you will make more money by investing in a bear market than a bull market. However you need to buy the right coins.

Sure you can buy some small cap alt, and wait a year and might 100x your money. However most alts usually go -99%. You need to stick to the high cap coins like BTC, ETH, SOL, BNB, XRP, etc. These will last the bear market due to their popularity and large market cap.

Try not to go all in on those small-mid cap alt coins because many are usually forgotten.

Right now it reminds me of what happened in Nov 2018. We basically got no volatility. Even with the good job report last week, we dumped a little and stocks dumped even more. Bitcoin is basically trading sideways.

The volatility now is going back to 2 year lows. Similar to Nov 2018, where we traded sideways for 2 months and then boom, crazy 50% crash. I predict that we will see something similar here for the month of November. However we don't know whether it'll be up or down. Maybe you can buy some options to play both directions.

What we need now is a decoupling from the global stock market indicies. We all know the global banks will keep raising rates, so stocks will keep going down. So will crypto and gold. Inflation this week will also lead to hawish action from the fed. Same with the fed meeting they will have. The last weeks employment numbers didn't look good.

Eventually stocks will go down but crypto will stay flat or go up, same with gold. People will realise that fed is damaging the global markets and QE will be around the corner and crypto will most likely take off first. This will happen sometime soon because its already getting bad out there.

Well the Credit Suisse was a big bear trap. If you listened to all the panic and FUD you would be negative -25% right now if you shorted it. Basically the stock opened down, and completely reversed and finished the week at +25%. Wonder how many are underwater right now.

This is proof you can't take everything you read on the internet and crypto twitter too seriously. If Credit Suisse was actually going to default, you would be the last to know about it, not the first. Similar to how Lehman brothers and Bear Stearns went down. Only the elite knew in advantage and not the general public.

Yeah your power is pretty good, amazing price actually.

I remember back in late 2018/early 2019, i was at break-even with $0.10 power. I was assuming we would get a similar situation now.

Where those with $0.10 power were close to break-even and those with $0.05 power would make some "ok" profits. However its worse right now and I am surprised.

I am also pretty sure many don't even have $0.10 power anymore due to the increase in inflation and energy shortage, so who the hell is still mining and why? Everybody think ETH will go to $5000 and BTC to $100K soon?

Look if somebody knows how to actually make money in this market and they have some edge, they aren't going to give you this info for free or for $50/month. Why would they when you got up to 100x leverage these days. Doesn't make sense to sell these signals instead of profitting off themselves.

This is how so many people get tricked and they end up losing all their money plus the fees they paid to join these paid groups. They are all scams. But when you are new and instead of guessing what to buy or sell, you need to learn somehow. Most people rather copy peoples trades rather than learn and trade on their own.

US is probably one of the only countries that is impossible to default on their debt because they are the reserve currency and they can print all they want. The US was in dept for decades and will be for more decades, nothing will change. They will never default.

Other countries are different. I think there will be more QE in the European countries due to what is happening to these bond yields. And if this is happening frequently you will see the pairs such as BTC/GBP and BTC/EUR appreciate more in value and that means many are hedging their money in currencies like crypto and gold due to the QE that these central banks have no choice but to do.

I still am surprised that the hashrate is still 150Th/s for ETC. You would of assumed that it would be at least below 100Th/s or even 50Th/s by now. Currently with a decent GPU you cannot make any profit with $0.10 kwh power which is actually considered low these days, especially during an energy crisis.

If you got $0.05 kwh power, you are almost at break even, no point in mining really. And who has $0.05 kwh power these days? Not too many people. Its pretty crazy how people are still mining. Maybe they all live with their parents and they flip the electricity bill. Who knows?

This is proof that all this technology is nothing but buggy. Even Binance who hires the best programmers managed to code something full of bugs. That's why almost every month we get some 9-10 figure hack happening.

This is a message for those never too keep too many funds in anything which is pretty much run by smart contracts. Because usually there is some undiscovered bug and usually your entire balance can get depleted.

By the way,

Those forex type of deposit bonuses aren't what they seem. Usually there is an add that they give you a bonus up to 100% of your original deposit. Sounds too good to be true? It is.

If you deposit $1000, they won't give you another $1000. What they do instead is increase your margin by 2x and if you use max leverage you get 100% more leverage. The kicker is this. When your account is -$1000 your entire balance is empty. It won't go to -$2000. Alot of people were tricked by this. No idea if they still do this practise. But it was common about a decade ago.

If I recell, any type of syntetic trade is basically a future or deritative.

Basically there is tons of volume on the bitcoin and ethereum futures and perpetual contracts this is all considered synethic because you aren't trading the real spot market coins. However there are market makers that hedge and keep everything in close price. There is also the funding rates which are to control that the mark price will be close to the index price.

These also exist in any other forms such as CFDs, options, forex, etc.

Trading volume and market cap are 2 completely different things. A coin can have almost 0 volume but market cap in the millions if its very illiquid.

Volume is typically used when day trading because it gives you hints when reversals can happen. Usually during a pivot there is a big volume bar and it hints that it might reverse. Not 100% accurate but during certain times it works very well.

Like i said a couple of weeks back. When mining is very unprofitable. There are many possible scams popping up which are to trick honest miners in some way.

The fact that this is a new account, its a coin I never heard of, the whitepaper is a joke, and very badly written.

Until there is more confirmation about this, i would stay away.

These days there are no exchanges that give any bonuses. Most exchanges can give you lower fees if you trade more or buy into their token. But none that just give you money for opening an account. It would get abused to death similar to why many gambling bitcoin casinos had to remove the faucets.

I remember Coinbase actually had a $10 no deposit bonus. Many people made the account back in like 2015 and forgot about it. Then when they went back, they had like $500 because the bonus was in BTC and not USD.