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2161  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How Profitable Are Altcoin-Based Signature Campaigns? on: September 19, 2022, 04:10:39 PM
As we know, it's hard to join a bitcoin-based signature campaign posted in the "services" section. As seen, there are plenty of altcoin bounties that most forum users are trying to participate. Can you say that these campaigns are profitable? Or have you had the chance to join a signature campaign (altcoin bounty) that you found very lucrative in the past?
I dont think it is hard at all for those who have a decent understanding of how bitcoin works and knows how to keep their head cool. Besides if you dont have a flair for writing, this type of hobbies will take up a lot more time and pressure on your head.

While there are many users who join altcoin paying campaigns, I am sure you can go around asking, most of them have not been happy with the delays in payments, lack of pay security and the uncertainty regarding the price and dumping on exchanges. Often the entire project might get abandoned and you will be left with a bag of shitcoins. I have joined a few bounties in the past besides a running signature campaign and my experience has been little worth sharing.

So I would suggest you to get a better understanding of how to write in the global threads and then apply for bitcoin paying campaigns, because these are the gold-standard of campaigns here.
2162  Economy / Trading Discussion / Re: What's next for cryptocurrency? on: September 17, 2022, 10:18:12 AM
it would be difficult to see the current situation. the market is in a downtrend and most likely this will hold Bitcoin.
if you expect a bull trend, it looks like we have to be patient. the market hasn't been strong enough to start the high pumps. if that happens I guess there will just be a pump on some assets and then corrected again.
The market is in bearish mode with slow correction happening, but bearish indeed. Hence at the point holding and waiting it out seems like the best method to proceed. Buying should be done if the price drops but carefully being expectant about more drops. Uptrend will take some time once the correction allows a gradual bullish trend to start, but should not be the focus for now.

It is best to avoid the market on such days, wait this weekend out, we might see better movements from Monday.
2163  Economy / Trading Discussion / Re: Trading and financial planning. on: September 17, 2022, 10:03:14 AM
Their no two way to think about it, because it's obvious that health are the one of the primary things that gives us money, because when you are not health fit, it's very clear that you will be unavailable and unable to do the needful at appropriate time schedule. Using some of our forum mates and Cm as example, when your health status is poor nothing will make you to function well, so irrespective of your engagement and how much someone realize weekly and monthly our health should be the primary thing to work on.
Health is wealth my fellow forum mates. Dont ignore that and only focus on making money, it will not work. Being engrossed in trading while ignoring your own health is deleterious over the long term and hence there needs to be something to keep these habits in check.

There are people who enter trading with an ambitious mindset but get trapped in their own web of expectations. But dont forget that the friends, family and your own health have a big importance over your productivity.

Not having a healthy lifestyles leads to many problems that could be prevented and dont let making money start one of them.
2164  Alternate cryptocurrencies / Altcoin Discussion / Re: To all 100x hunters out there on: September 16, 2022, 11:09:55 AM
To find the next project that can go up 100x like Cardano, XRP, SAND, etc of course it is difficult, I prefer to invest in strong coins that have great potential to be the next 100x, and for new projects then I prefer to keep in the short term.
The strong coins are the top 5 and not the rest. Newly launched projects are never going to be as big as Bitcoin or ethereum. These coins can go 100x, no doubt, but truly speaking this is a difficult to make prediction.

There are easier to make decisions, like buying Bitcoins. But few people actually make such easy steps.

Buying and selling are a part of the trading process and selling for a profit is not wrong. So you should sell and then buy back at lower price in order to continue the cycle with the market.
2165  Other / Beginners & Help / Re: How can I earn from cryptocurrency as a starter? on: September 16, 2022, 10:59:10 AM
As a starter first you have to learn about crypto. Their mechanism and use to this advance society. If you understand any project very well you can invest in best of projects. Altocoin now in very bad position you can trade and make money. You can do airdrop and bounty to earn free cryptocurrency.Take part in exchanges promotion. There are  way to earn money.
 Bounties and all are never going to give any useful outcome for a newbie.  These things can help bring a learning experience if they take part in signature campaigns.

Promotions or not they are useless in generating any profit worthy of keeping. Exchanges only keep their own profits before launching such promotions.

Don't expect profits coming in every mode of earning. However new projects will always be less profitable than any old projects over long time. Hence buy Bitcoin and keep calm on your holding.
2166  Other / Off-topic / Re: Why full time to crypto why not to Skills on: September 16, 2022, 10:42:55 AM
Competition in the e-commerce and freelancing business is already very tight, so many people turn to side jobs that do not have much competition and only rely on skills and analysis such as trading.
I think freelancing can be done in most jobs that have a good demand but trading is mostly a side hustle, not a job. Competition is always there but if you have passion for something you will excel in it. Some people have skills in specific department and they apply it nicely, such cannot be said all the time for trading.

No method is easy to make money, it is only easy for those who have skills and passion in it.

I think it is better if people focus on a main job and keep trading on the side.
2167  Bitcoin / Project Development / Re: Crypto investors ? We need you ! on: September 15, 2022, 01:33:02 PM
A working version or a demo version of this app you are developing would attract a bigger group of users to run this survey.

Unfortunately, it is rare to see actual crypto investors unlike the angel investors seen in the mainstream investments, because crypto is a niche sector and people prefer being discreet about their investments and not share much about their portfolios.

Major big investors here dont even visit these forums, but focus on their work.

But I am sure some self-boasting kids will wish to do the same and you will get a decent number of users.
2168  Economy / Economics / Re: MONEY IS THE MOTIVATING FACTOR, what do you think? on: September 15, 2022, 01:16:19 PM
It can be said that at this time the real king is money, people do anything of course with the motivation of money, even many people commit murder, war and other crimes, of course the biggest motivation is money, but we who can think smart will certainly make money with things that do not violate religion and law.
Smart work and not hard work is the key here.

Of course, you have to pay for your daily bread using money and the hunger pangs are the reasons why people turn to the evil side in trying to make money when in utter bankruptcy. Money should only be a mode of transactions, human relations have a much more important part in life than money itself. Financially, nobody is free till the grave, so accept the income that one gets as a blessing and use it to spend on things that you need and want.

There can be a control over the greed and that is important here. This can control corruption and bribery but in most places this is difficult to attain.
2169  Alternate cryptocurrencies / Altcoin Discussion / Re: Rug pull scams on: September 15, 2022, 01:06:46 PM
The trade-off of investing primarily in more established assets: While cryptocurrency, in general, has seen periods of rapid price appreciation, the highest rewards may come from new projects where the risk is also higher. Newer projects don't have such a track record, which means there may be vulnerabilities that make it possible for their organizers to siphon value away from investors and keep it for themselves.
The major profitable coin has been bitcoin and the major losses have been incurred by any shitcoin that you have seen in the last 6years or so. In no manner, has there been a correct trade-off, but only for the shills and advisors who pumped and dumped those coins.

The reason behind this is the lack of a proper market making property of such coins - the ability to generate a demand/supply non-equivalence so that the buying of such coins from exchanges exceeds the selling. If the users dont see any use of that coin, they will not buy it. If it solves a real life problem, they will buy it and use it.

Just because they dont have a track record, does not mean they are good. This is more applicable to the crypto market where scams are so common. You can find occasional profitable coins but only for short periods.
2170  Economy / Trading Discussion / Re: Is trading gambling in another form? on: September 14, 2022, 07:16:56 AM
Trading is like gambling so I will not be surprised if some persons that are not traders will hit me up and argue it that trading does not look like gambling. Trading is very risky just like we gamble on something that we thing we are going to win. If you place a trade, it means you are betting that the coin you are holding is going to move well whether upward or downward based of your direction.
Betting on the coin to go up or down is different from buying that coin at low price and waiting for it to go up. The first one sounds more like leverage while the second one is spot trading. The first one is a type of gambling while the second one is not.

Depending on how a trader approaches the market, of they are getting engrossed into the trades so much that they are losing track of family and work life balance, this becomes gambling.

Still it is possible to keep trading limited to spot trading and not allow it to becom gambling. But this differs and those who become addicted need to avoid trading.
2171  Alternate cryptocurrencies / Altcoin Discussion / Re: To all 100x hunters out there on: September 14, 2022, 07:08:06 AM
but I'm a little pessimistic about the current market. we rarely find projects that can generate multiple profits. let alone a hundred times even ten times almost nothing. some people think because we are in a bear market, but in my opinion the market is getting smaller and smaller. I hope my guess is wrong.
Projects will only generate profits if they are having a real use and solving a real problem. While bitcoin does solve a problem, most coins out there don't do anything useful, on the contrary to popular belief of shills.

The market is getting bigger in terms of number of coins but in terms of total capitalisation the biggest volumes are taken by a handful of coins.

Hence investing in new coins is a worthless effort. Rather watching them for a few years and then deciding what to do is better. But few have the patience and it is always welcome to buy Bitcoin.
2172  Economy / Trading Discussion / Re: Crypto day trader groups on: September 14, 2022, 07:03:22 AM
from my perspective it's good for somebody to study the elementary things of trading before venturing into it.
  The basics should cover the fact that scammers run rampant and that paid groups or non-paid groups giving out free picks are actually scams run by such people. In fact the amount of money such scams generate is enough to give the impulse to these scammers to keep running and launching more such groups.

Therefore such groups should be completely avoided, specially those being cold -PMed on telegram or so.

If someone wants to make money from the market, they can't have a get-rich-quick mindset, they will lose money to scammers.
2173  Economy / Trading Discussion / Re: What is Coin Flashing and Its Real use case on: September 13, 2022, 10:41:18 AM
hello guys , i just want to know what is coin flashing or in other terms Bitcoin flashing , what is the purpose of it , as someone approached me and said that he will send me coins, by taking some amount , please help me understand, i googled it but just got a definition , i just want to know its real use case ..
As soon as someone tells you that they know how to multiply your coins if you send them your current ones, cut off all communication with them. There is no method increase your coins like that and what the person wants on the other side is to catch your greed and feed it with a false promise so your logical thinking is blunted.

Remember that Bitcoin transactions are irreversible and therefore such users are always scammers, whatever flashy name they give to their method.
2174  Alternate cryptocurrencies / Altcoin Discussion / Re: Rug pull scams on: September 13, 2022, 10:37:35 AM
Rug pull scams "pumping up" a new project, nonfungible token (NFT) or coin to get funding. After the scammers get the money, they disappear with it. The coding for these investments prevents people from selling the bitcoin after purchase, so investors are left with a valueless investment.
Being left with a worthless asset is a thing that has been happening since log back. In the physical domain, the term "white elephant" is used to denote the same.

But the point remains that the person who bought that asset did not do their proper research befor investing, so the fault is on them, not to the seller. NFTs may becom worthless tomorrow that is why they are risky assets, this needs to be understood by each one taking part in such hyips.

On the other hand those who have been tracking coins for long and investing in well known old coins make profits every other day.
2175  Economy / Trading Discussion / Re: trading is good for traders with passive mindset on: September 13, 2022, 10:32:42 AM
Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized  for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have  alert and sharp minds are in my opinion will have more futuristic impact on their economy.
The purpose is making profit from market movment and this is easily said than done. Panic and frustration are common in a speculative market and crypto is no exception.

But to handle the market as just numbers influenced by whatever damn reasons, is an art and the traders who are here for long have mastered this art of ignoring the world and trading just on the basis of charts and patterns.

Simple thing of buying low selling high is enough to make profit. Passive or active does not matter that much.
2176  Bitcoin / Bitcoin Discussion / Re: mine a Bitcoin or buy a bitcoin? on: September 12, 2022, 03:10:25 PM
I'd only mine if there is no other way of acquiring Bitcoin like being unbanked or underage. Or if I got solar panels and free electricity. Otherwise buying is probably more profitable.
Underage does not seem appropriate here. Giving money in the hands of kids is a wrong thing to do but I guess most users are going to be of age in this sector. Kids should focus on building their career and education first to get a stable job.

Solar panels are expensive - the major concern of mining is to reduce the investment so as to maximize the ROI. You are not going to buy something that costs too much reducing the budget allocation to something else. Some miners are using it but they have much bigger farms and the number of ASICs here are making the difference.

Even then, with the huge hashpower struggles between mining pools, indie miners have very little scope to ROI. On the other hand, buying bitcoin is way easier.
2177  Alternate cryptocurrencies / Altcoin Discussion / Re: How should i diversify my crypto portfolio? on: September 12, 2022, 03:06:53 PM
Diversify it the best way you know how do not let other people decide for you. Do your clinical research and go for the best ones that suit you, however, you can seek advice on areas that aren't clear to you. But I would advise you never to leave out BTC and ETH, they remain reliable of them all.
I guess you meant "Critical" - it works both ways though. Grin

Honestly, if you did critical research in a critical manner, you would realize that zero assets are worth investing in coming in altcoins. The only one making a mark is bitcoin. Of course the top 5altcoins can be given some slack, but beyond that the risk increases way more than the reward.

Besides with the number of shills working day and night to promote shitcoins, there is not end to the number of worthless coins out there. Ending up with a large number in types of coins will only hurt your long term profit, rather keep it limited to specific coins that have proven themselves in the past.
2178  Other / Meta / Re: Identifying the OP at a glance (SMF patch) on: September 12, 2022, 03:03:01 PM
Totally forgot about this suggestion which I had supported some time back, knowing how much follow-up we get from theymos on suggestions in the past, but I was pleasantly delighted to see the change in the usernames with OP written in running threads, so I came back to check.

Hoping to see a much necessary suggestion - 2FA or something similar maybe in theymos' own cryptography skills to secure accounts - getting implemented in the near future.

Thank you ajaxtempest (original idea), theymos (Our Boss!) and PowerGlove (OP)  Smiley
2179  Bitcoin / Bitcoin Discussion / Re: Can this be the reason some people are afraid to invest in Bitcon? on: September 11, 2022, 04:26:39 AM
Because some people think of it as gamble and crypto is an extremely volatile market.
Any speculative market can be a gamble. The point lies in whether you are letting it mess up your life or handling your money properly. Most people cannot do the second one and hence people around them get a negative impression about that speculative market.

While the affects the older population more, once it has happened, it is close to impossible to revert this mindset back to a non-biased state even for the younger population.

I would say, let them do as they wish. If someone does not like crypto, they would never enjoy investing in it.
2180  Economy / Trading Discussion / Re: Trading and financial planning. on: September 11, 2022, 04:18:41 AM
Most of the people who have more capital make hasty decisions on their business investments. Often they don't study much first, as long as the money is out immediately, so the end result is if they are not taken advantage of, they lack a plan and goal target for the growth of their capital investment.
I have seen all type of users take hasty decisions, big capital owner not. It all depends on their mindset, those who are trying trading for the first time with a get-rich-quick mentality will take hasty decisions but not those who have been in the market for long and know how things work here.

Financially, these things need to be learnt by traders before starting trading. The difference in a planned entry to a hurried entry comes in this place. Those who get their first coins by word of mouth from friends and internet celebs will be losing money if they continue the same.

Of course the whales do need some idiots to dump on, so this thing will continue in every speculative market.
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