With affiliation to FTX pretty sure there will be panic selling on traders and some of the big investors of their private sale shares. See the price of sol, almost near with avalanche. Only the difference is the volume which I think will change in positioning when solana continue to fall. Many are still uses solana due to effectivity on nfts. But with the impqct of FTX, no one will be spare on massive dumps that anything connected to FTX.
|
|
|
I was reading how btc used to be bought back in the day. You either mined it yourself or found someone who had it and made a deal with them. But now, is the only way to buy BTC through an exchange?
Aside from mining, faucet, or any promotional or marketing activity like signature campaign that incentivized bitcoin then yes. The only way you could get your hands on bitcoin is thru buying it. Theres a lot of users still wishing faucet earns from bitcoin but it only give dust. So better to buy it on exchange or any peer to peer method.
|
|
|
If you want to sleep freely and be happy stay out from hodling in exchange, and stay away from altcoins. Bitcoin survive in the bear market no how tough it will be. Only Bitcoin can make you smile while waiting for bull. Know this and know and have peace.
Maybe for some who bought bitcoin at cheap price they are relax and contented but foe those who bought at high price, see how their investment tremble now. Some might sold at a loss just to get something back but of course, risk is associated with this, sleeping can be achieve even without looking on prices itself but just stat calm and watch it recover.
|
|
|
Depends too. If you are working for a cryptocurrency firm and got a decent regular monthly salary then its fine. Like a real working job such coding or dev, or marketing personnel or whatever as long ad you are using your skills for the task. But like trading, airdrops, or any jobs out there its not a good source of income but as a form of investment which could either profited you or not.
|
|
|
Sooner or later FTT will be delisted due to their issue. I think exchanges should do that until there is a final conclusion on what the company stance. Sam has a lot of recurring issues which arent sorted yet and of course traders who arr into futures will love to hype it and make a lot of profits. I am not sure why the hell they only did it right now but not at the very first time they already knew the problem? Maybe they taking advantage of potential profit thru shorting this token before eventually delisted.
|
|
|
Of course, decentralized projects come with their own tradeoffs: they can be slower to develop and interact with. But Decentralisation is the best solution to handle emergency situations—such as declining sales, cutting costs, using resources productively, pushing a competitor to the wall, handle policy changes of government etc.
Some will like thay since there is still concistency on the development. Regarding profits, probably some of these defi are into scaling solution wherein they can produce it in a minimal way, since they are the operators. Cause sometime if there is no security on their platform, thats how the potential breach or any kind of hack or system penetration could occur even its a defi. Hackers are quite smart nowdays.
|
|
|
Me too only Dydx is the dex I know about perpetual trading. If dYdX restrict U.S. citizens to access their site, it's mean it's not 100% decentralized since they can take a part to control the customers that use their site.
If there is something like this and you are right. But if its only on US means they are pretty strict with decentralized approach of trading and likely wanted to have a solid monitoring to users. Probably OP the only best are go to cex if you wanted a lot of options but since its risky then might use dex spot trading.
|
|
|
If these are all a project have to offer you better run, such projects have nothing to lose if they want to rug pull and believe me it's easier for them, they have nothing to offer in the first place.
Actually you are right. These features are quite simple to be considered as use case. Most shitcoins are like that, so we can notice that its structure is only created for that. But if these features are related and connected to a bigger use case then we can change the belief on that projects. Example bnb, its a coin with multiple feature that all you mentioned. But also they have some products that you can use the tokens which it make it healthy. What I dont like about them is the centralized system which is quite a negative trait for such decentralized world.
|
|
|
Crypto will never fade. Unless someone invent something works like a blockchain but can be accepted by government with its decentralized mechanism.
People might get scared with the events happening but thats normal and not all have a chance to survive a bear market and recession state which will totally affect the overall market. There are cases like this which is unavoidable due to human error and overly confident on managing funds. But crypto will definitely be here for a longer time.
|
|
|
Bad beginning never end up in good result ,rather it ends in regret, waste of fund. The problem why some beginners starts investment in a wrong way is because they are too busy and think knowledge is time consuming.
Putting up money without any knowledge is really a tragedy for beginners. Most of them usually expecting a good return or profits. Believing in hype isnt bad but make sure you knew consequences and risk of that. Thats why its imperative and if you know that you are a newbie you must learn all technical and important things before putting up any money on the table.
|
|
|
Thats will and determination. Its not like he is a quitter but looking for greenier pasture out there. Trading is risky so, might as well called it as lottery mindset. The only difference is if you are discipline enough you could do much more chances to gain or win that lottery on trading. Ive been there and sometime this kind of attitude will gain us expectation, which is really not a normal one right? Trading is something you do with heart.
|
|
|
In the next few more minutes (70 minutes more ) over 60,000,000 Solana will be unlocked and famz this will probably shrink BTC down again, way down to past year lows of 10k to 12k, be ready.
Not sure about that. Bitcoin market still holding even though it has its weekly lows. Im sure that there are some time it will recover. But in the case of solana, possibly that it could short huge since the private tokens were gonna release and assume that Sam has tokens on it including and since they needed cash for the payments surely they will automatically sold their bag.
|
|
|
Guys what's your opinion about SOL? Is it a good buy or heading in the same direction as LUNA
In trading perspective it still good. But you need to make cautious as Solana is tie up or related somehow with Sam and anything connected with that usually tends to go down as a result of their bankruptcy. Anyway, Luna was a really grave mistake, but maybe Solana can still be save if they improved a lot of things around their platform.
|
|
|
I hope it's finally over for centralised exchanges
Even if you hope surely they will just increase. Its always good to use decentralized but the government are more in favor of cex and some people likes the convenient of it since they dont have some knowledge on dexes. There are lots of news about cex going down and there will be more fear but as time passes by, you could see that the news will eventually slow down and not gonna materialize and will go back to normal routine.
|
|
|
Some have succeeded while others end up failing, as they are just like regular traders that won’t succeed the market all the time.
Yes and even true cause some whales didnt expect that there are other whales too on their opposite side of the market. They arent coordinate with regards to their plan and obviously watching also each others movement. When one notice a very big downfall that this whale is trying to do, of course he will check his power and asset if he can manipulate also their competitors. Basically its all about money, the more you have the more chances to succeed on luring others.
|
|
|
Something came into my mind, something I thought of doing when I get my ranks, now I've got 'em and I'm expecting more to come. I honestly don't know the proceedings on how to stack an address for extra security, can anyone help out? Yeah, I'd need to sign a message using urhhhhh....kleopatra? What? I'm lost. Y'all help!! I need to get that shiii' stacked 😟
Sandra 💇
Make sure to use a secured wallet. All of the staking method are unique and we must make sure that we are using a corresponding wallet and how that will work on your case. Also use non custodial with related to dex and thats much better than centralized exchange. It can be compromise if the exchange wont work well.
|
|
|
Another serious thing to take very seriously 😒, stay away from anything that's not open source and decentralised, this was why crypto is crypto in the first place, transparency must be 100%.
Its been constantly reminded that closed sourced might also been compromised. So open source has been chosen to remedy the potential breach and potential hack, and stolen funds. Most users ignore the possibility but they must be understand in the later stage. Dont be so relax but you must be cautious as always as we dont know when these centralized platform will trigger.
|
|
|
CZ is very influential and a powerful person on crypto infustry. Of course there are lots of groups and people that admire and trust his judgement and blindly rush into bnb as they believe that bnb has a very strong foundation. Yes thats what happening here and we can see that clearly.
See how the FTX vs BNB face off turns out right? Its really a massive move and whales are riding it in favor of CZ.
|
|
|
theymos opened a new topic after almost 4 years of time (hence you also might have forgot the existence of such board) and I wish everyone not to miss this and also learn and act accordingly to ensure the safety of our hard earned bitcoin.
I just made aware of the post cause I saw it via pinned post. So its possible that everyone will see it. Hoping that newbie will check it out cause what theymos wrote there is really helpful advice and a very nice realization and fact on asset holding our tokens and coins.
|
|
|
I just sold my 150 Solana out of FUD ( thinking I might buy it back at $5 soon ), and I am now worried many other projects were backed by Alameda Research. Are these projects doomed too, or can some of them ( like Helium ) survive and eventually thrive again ?
Rest assured that any project connected to Alameda Research will be compromise. If they have major shares or tokens on those projects, now that they need liquidity, obviously they will unlock it and sell for quick funds. Now that they are in trouble, theres no doubt that their move is that.
|
|
|
|