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Are you really bullish just because they have an exchange listing and because they have basic crypto features such as staking?
Also, have you even tried their games, or at least taken a look at the reviews of their app? Because I'm pretty sure it's hard to be bullish on a token if the product itself is shite (seriously, take a look at the app reviews).
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What's so bad about it? Despite how utterly crappy some coins are, some traders will be happy to trade them. Not to mention that people who think that these coins will drop can short them if they wanted to. It's not a spot market, it's a futures one so it's basically for traders.
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I've heard that historically Trump being president has been good for stock markets (maybe it's just a coincidence, idunno), so if we assume that the SPY and bitcoin are correlated to some extent, then Trump would be good for bitcoin (supposedly).
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This "smart DCA" thing is pretty much just once again trying to time the markets — whereas the point of DCA is to actually accept the fact that 99% of people can't time the markets, hence slowly buy daily/weekly/biweekly/monthly.
So yea, good 'ol boring DCA.
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I'm sure it won't become popular just like Pepe and Shib look at the difference, you already said that this is completely useless and for entertainment purposes only.
Even memecoins like PEPE and SHIB are also useless; the only difference that PEPE and SHIB has some cultural meme-ish relevancy. This GRIM thing on the other hand? Nothing really special — just a weak attempt at trying to squeeze out money from the memecoin mania. |
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You literally just started a month ago. Most people don't earn from their trading for years. Trading is really not something you can expect to earn money early on. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up.
You trading doesn't mean you can't have a long-term portfolio. You can do both trading and investing(as most successful people in this space do). |
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1. Before I install a hardware wallet firmware update, I wait a few days after release first to see if there's a problem/exploit, then I carefully check social media if there are issues with the firmware update.
2. Have a separate device/OS/VM for your crypto needs just to be very sure. So every popup will highly be likely from the legitimate source.
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So I don't see any reason why you'll love to convert from Bitcoin to Ethereum when they are both experiencing the same market movement.
Can you use Bitcoin for Ethereum Virtual Machine? Not sure what this question has to do with Makus' reply, but you can indirectly do so by using Wrapped Bitcoin(wBTC). It's like a bitcoin IOU so while you can use it if you want to, I personally don't recommend holding WBTC for long amounts of time. |
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I don't think we even need to overanalyze this — the simple fact that if bitcoin goes higher and higher, people would simply want the next "cheaper" thing that's available on people's brokerage platforms, which is Ethereum. And to add to that, the potential yield. People love yield lol. Since we're talking about ETFs, this section is just fair. |
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Memecoin seasons aren't really anything new. Some people will be making a tremendous amount of money, but most people will be unnecessarily holding for long periods — losing tremendous amounts of money.
I'm really not against it as people will be trading regardless if we'd like it or not, but I wouldn't recommend it to anyone.
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Nope. Dollar-cost averaging as usual. Mapa bull market o mapa bear market o mapa crab market, expected ang ganitong crash kasi hindi naman na bago. Past bull cycles mas malaki pa nga ung drops e, ung nakikita natin ngayon mejo minimal pa so far.
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Thanks, i'll check them out.
Yes, i want some that allow stable coins for buying BTC, i have seen many that charge you a premium like %4 above BTC price, sometimes the minimum quantity to buy is too high and then the website itself charge you a high BTC fee to transfer to your BTC address.
Agoradesk seems good
If all you want is stablecoins <-> BTC, you might want to try out both ThorSwap and ChainFlip. Liquidity isn't the best obviously(because they're cross-chain DEXs), but you should get far better than a 4% premium unless you're buying like 10 BTC per trade. |
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Personally, no. Pero may mga kilala akong nag alok ng coin/token investment sa ibang tao at nasisi sa huli dahil bumagsak.
So personally never ako nag alok ng kahit anong coin/token sa ibang tao kahit bitcoin — kasi hindi naman lahat ng tao kaya sikmurahin ung volatility kahit kung sabihin mo pa in advance na volatile ang bitcoin/crypto.
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I'm totally fine with paying money for trying to learn things from an actual professional(generally), but trading is one of those industries where there are just lots of incapable "traders" that sell courses/1-on-1 sessions that it's pretty much impossible to recommend paying for them. And knowing that learning trading itself is really hard, I never recommend trading to anyone at all.
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People are commenting on the Dimon and his general dumb stance against bitcoin, besides why waste time reading an article quoting a bankster who is known for saying all kinds of nonsense about Bitcoin, regardless of what he says? After all he is a member of the most corrupt banking system in the world  Some people are literally talking about his smoking quote as if he said that Bitcoin is like smoking because it's bad for your health, despite him making a different implication. I'm obviously not even saying that we should trust him or whatever as he's a total bozo. |
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I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this.
An altcoin is anything that is not bitcoin. So technically, everything else that is not bitcoin is an altcoin, regardless of token category. But yea, memecoins pumping isn't really a surprise, because bull markets always bring out lots of stupidity and ridiculousness. Just make sure to exit when things get too exhausted. |
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You know what's actually advised? For people to actually read and learn about this industry so they can find their own investments and make their own decisions instead of asking random strangers online.
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It doesn't really help much for security, but rather, privacy. The amount of funds tied to your identity is harder to track down if your funds are split into multiple wallets, and at the same time with you doing good coin control(receiving payments in different wallets and spending directly from them, etc).
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Does the number of traders directly affect the volatility of the market? If it does, can we assume that trading was easier before with less traders (less volatility) than now when there are more traders, and the market more volatile?
Theoretically and generally, yes it does affect volatility. But the factors affecting volatility are definitely more than just # of traders, namely — liquidity, trading volume, etc. It's all those factors altogether. So no, we can't make an accurate assumption based on a single metric. |
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You can watch a few gambling streamers and see how they're doing it. Basically, start giving away a few bucks to players who use your code and gamble on a website. Announce a 50$ raffle type giveaway each day and only allow those who prove they're playing on your code to participate. It's not the only type of affiliate marketing, but it is 1 way and probably 1 of the easiest ways to get started as long as you have a bankroll to play on.
Saying it's the "easiest way" is quite a stretch, but yea it probably has the highest success rate when executed at least decently. Let's be honest here though, most of us nerds here aren't capable(not even close) enough to be half as entertaining as the mid-tier gambling streamers lol. |
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