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It could turn out well for dodge holders if he actually implements this but we know its not the first time he is actually saying something about dodge coin and tesla so it could just be to hype and cause FOMO for dodge to drag some attention towards his coin. But anyway it would be good news to dodge holders cause the last time Musk took it upon himself to promote dodge, it has a major price surge.
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impossible, to reach $1 too far because the price of shiba is currently around $0.000029. This means it requires a price increase of thousands or even hundreds of thousands of percent from the current price. Apart from that, this meme coin is already popular and this kind of drastic price increase is impossible for a meme coin that is already popular.
I think it's not possible..maybe 0.5 cents yes. But not $1. RN newer memes on Solana tends to do more better. Case study $BOME.  You seem to be promoting bome than doing any realistic speculation yourself and from the look of things your already a lover or already believe in bome and that doesn't meant that bome would even do well or last as long as shib or even ever get to 0.5 cent as a meme coin, very few meme coin stand the test of time, some do well at early stage and later fail due to poor management or a bad ceo, investing in meme coins is risky and there is no such thing as certainty. |
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Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
Such speculation is very unrealistic and Don't go think such miracle coudl happen. It's actually not possible in the next 2 centuries for shib to get to 1 dollar cause it would mean putting all the money in crypto right now into shib and who knows if shib can even last that long to get such a market cap it it's possible. I think you need to do a little research on market cap 😉 |
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Speculation has nothing to do with adoption, peopel would only gain in bitcoin when they realise its worth as an asset, I think it woudl have been better you said that as more people make profits from bitcoin others get interested in it too.
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I'm not a meme coin hater just hate the fact that they are so many of them and scammers often use them to scam the crypto community and such news affect bitcoin in a way or two. Meme coins might have in a way or two brought some persons into bitcoin since they spread quickly but often also leaves some in losses since they are far more volatile than other alts and have great tendencies to crash quickly. This unique distinction reflects the freshness and optimism of the crypto market. Participants in this space are primarily young individuals who embrace innovation and financial exploration rather than sticking to traditional assets like gold, oil, and foreign currencies. Their optimism translates into humor, giving rise to the likes of Dogecoin and ShibaInu. The meme wave is unstoppable, fueled by the boundless creativity of human humor.
Seriously bro, the only optimism I see is that of getting quick profits from meme coins, they have no real utility and are just created for the purpose of giving huge returns and making quick profits, it's like a gamble. So yeah lots of young people woudl be highly inspired by it. |
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I saw one airdrop on Binance, pepe token but they were asking that I should tip the creator before I can participate in the airdrop which seemed absurd to me so I just bailed on it, I don't have much connects with airdrop why not check yeh bounty section you woudl find good new projects there offering good rewards.
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I'm not, my reason is very simple I'm still in my accumulation stage of bitcoin and i prefer to focus on it and besides I don't think any alyckjn would give me a better profit than bitcoin would, so I just stay the fuck away from altcoins and considering the risk involved with finding a good alt to put your money in, it's not a safe market especially without good guidance.
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The safest and most profitable advice to give would be to invest in bitcoin and you must already know that and fir what ever reason you need another coin to investvin then I would advice older alts like Ethereum, BNB or SOL but u don't see any reason to be doing this cause they may not give you as much profits than bitcoin cause as you can well notice for yourself to bull is well driven into bitcoin more than any altcoun this season and its a better choice to go there than any other place.
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If we are looking at this from a risk perspective then altcoin has more risk to it than bank investment is safe and more guaranteed.
But we know that keeping or receiving profits in fait is not advisable cause if inflation which happens every time money is printed, and banks makes profits or creates new money from loans and just imagine investing 1000$ to banks with a 10% annual return and that currency that you are to receive your profits in us suffering from inflation at a 5% annual rate or even more then your initial value invested is now grater than the value you are receiving in that same Currency.
But if you can be able to always have a good win with altcoin maybe through trading then it would be a better investment than bank.
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Firstly meme coins are under alts, if you don't understand what alts are; which means any project, coin, token aside from bitcoin which is the real deal.
You are lucky that your investment in a meme coin paid off and you should leave right away cause they usually end up real bad after the bull run speaking from experience, meme coins have no real utility neither are there solving any problem in the crypto space, there are just built for the mere purpose of making profits and most of them are used as rugpulls by scammers cause they offer huge profits from them.
Better next time you stay away from them.
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[edited out]
Another thing I hope or I advise you to provide a detailed explanation or understanding to you about what investment really is, for the problem of goals yes we all as investors have the same goal at the end of the engagement which is to achieve or get a profit, but I hope you also explain to him in terms of risk, don't let your friend tend to always think about profit because the worry is that he could be too worried when bitcoin experiences a significant bearish or correction phase which in turn could make your friend act instantly to thwart or stop his bitcoin accumulation plan that he has been maintaining, because I see events like this are not uncommon when someone is too focused on his expectations.
I know that some folks might be worried about the extent to which their BTC holdings are in profits, and I frequently say that the first BTC I bought was not in profits for over 3 1/4 years from November 2013 until March 2017; however, my overall average cost per BTC had various periods of being in profits, and maybe some ambiguity in regards to the level of profits depending on how well it was calculated during close to 3 years before the average costs per BTC had clearly gone into profits. So there can be long term periods in which an investment like bitcoin might not be in profits, yet we can still figure out position size and investing techniques that involve ongoing buying and hopes to have more options in the future, including hoping to be profitable in the future.. while realizing that profits are not guaranteed, even in an investment as great as bitcoin... but we are likely going to have better chances of being in profits in the longer term if we continue to exercise prudent, persistent, reasonable and ongoing BTC accumulation practices. In other words the main way to prepare for the BTC price to go up is by continuing to buy BTC, even if some of those purchases might raise the cost of your BTC and also even if sometimes the BTC price moves against you after you made purchases that ended up being at higher prices than the current prices... just keep buying with reasonable persistence.. and perhaps study bitcoin to attempt to get more conviction in the strength of bitcoin's long term investment thesis. I know I've not been that long in bitcoin but at least if this bull run is over I would count that as one cycle cause I started accumulating during the bear market and one thign I noticed is how much it is hard to hold in such market conditions and how it can affect the best of us especially those that have a major portion of their asset or Value stored in bitcoin, although I was so early I've had thoughts of how the old folks manages go persiver through all those hard times and one thign that came to my mind is how they all had a personal conviction about their investment In bitcoin and how they all consistently continued in their buying of bitcoin in all market conditions. IMO in anything one wants to achieve great result in life persistence is one attribute that we must have even when thigns are quite against us, and I think one way to actually reduce the impact of those hard times is to have a long term plan for your investment, cause if its a short term or the time duration is too short like a year or two its so possible that your investment can still be mutually experiencing one side of the trend like the bear or maybe you bought at very high prices, you would most likely have feelings of failure in your investment but if you had a longer term plan its easier to have patience cause your approach to bitcoin won't be to solve a short term problem but for a longer term plan, like maybe reaching a fuck you status or retirement. From my little experience I know that it has been way easier for me to have patience and be consistent cause I know that my plan is for a much further future so I just tend to keep my eyes of profit and loss and focus more on accumulating bitcoin. |
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Firstly I don't recommend trust wallet for many reasons especially since I found out it was owned by a centralized exchange (Binance) and also a closed wallet, there is a high risk of them freezing your funds or reporting anonymousity to government bodies.
I do recommend software wallets like blue wallet and Electrum cause I've used it before and m3tamusk for anything concerning altcoins, but jts safe you stay away from trust wallet.
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.....One must have a plan where he must gather bitcoins before he start thinking to sell some of his holdings. How many Bitcoins are sufficent is a subjective question. So some people 100 Bitcoins are low while for many getting even 1 bitcoin is difficult.
I would suggest that how many BTC is not completely subjective - even though it is based on the setting of subjective goals... So if someone might tell you what his goals are, then you would likely be able to determine a quantity of BTC that would likely satisfy the goal. So for example, if a guy tells you that in 10 years, he would like to be able to have a monthly income of $5k without having to do any work - beyond just keeping track of his various accounts... Then at that point you have some ideas of an approximate number of coins that the guy might need to work towards getting, and I would say that if he works towards getting close to 5 BTC for the middle of 2034, then that would likely be more than enough to meet his goals... and perhaps even 3-4 BTC might be enough... yet we cannot really know, so then he should work towards getting to 5 BTC within the next 10 years.. which may or may not be doable for all people, and if it is not doable. Then if he changes his goal to the same kind of idea of cashflow, but with a back up target for 15 years, then I would suggest that by mid-2039, then he is likely ONLY going to need around 2.5 BTC by mid-2039 in order to reach that same objective of having a monthly income of right around $5k.. so then he has something that he believes that he might be able to reach, and if he speculates that inflation might eat away the targets, then surely maybe he could try to shoot for more BTC and to have some cushion in his goals, and so we can largely ONLY attempt to give some directional guidelines that might need to be adjusted with the passage of time...yet I would still suggest that aggressive accumulation of bitcoin should be part of the formula, and the details can be tweaked at various points along the way. $5K is a huge amount for people living in country like mine i.e. Pakistan. Those who are in developed country like Europe or USA can have the luxury of having such high income per month but only few one here can have that much high income. Here average salary per month is 300$. So defiantly I can't go with this plan. But having less income doesn't mean that people like me have no place in Bitcoin. The beauty of Bitcoin is that it's open for everyone. There are billions of people in the world who are not in banking system due to various reasons and Bitcoin allows all such people to have there bank account where they have complete control over there money. Having said that I do agree that the person having $5k income per month can have 5 BTC in next 10 years. One thing I should add is that we dont know what Bitcoin price will be in coming months. What we have seen so far is that there are dip's after every ATH. In Nov 2021 we saw an ATH of around $67K but then few months later we saw Bitcoin going down below $20k. So if someone is accumulating Bitcoins by investing $5k monthly into Bitcoin then he might end up getting more then 5 Bitcoins after 10 years if Bitcoin keep taking big dips. Even a rich man cannot own bitcoins if he doesn't have the power to hold bitcoins. On the other hand, relatively low-income people also gain the ability to hold Bitcoins. Here the importance of having a good understanding about Bitcoin is immense. Also, it is easy to invest in Bitcoin for those who have financial ability. Investors who regularly follow DCA will be able to realise their desired goals as the Bitcoin price rises. No one who has been a Bitcoin investor so far is harmed if they are able to hold their Bitcoins. Holders of Bitcoins can certainly get the ATH of Bitcoin as well as the DIP. But finding the Bitcoin Deep is truly a matter of luck for many. To be a Bitcoin holder it's not how much investment he has, I think it's how much he believes in Bitcoin that is the matter. Anyone can buy bitcoin whether they are weak hands who would sell with just one news that would cause panic or strong hands that would never sell unless when necessary or at their own choosing, the difference is just the discipline they have and the amount of believe they have in bitcoin, I'll like to explain it this way, a parent would give birth to a child feed him, train him, bail him out in his trouble times and give him everything he needs untill he teaches a certain age without knowing if that child would end up a failure or a big success and the reason that patent continues to groom that child irrespective of the future was cause they believed in their seed. Now many people get into bitcoin cause of they profits coming coming from the bull, some don't even know the workings of bitcoin, they have not read a single article about it they just bought Bitcoin and after the bull they sell of everything and claim the profits or some did not sell and the bear hits them and they sell at a loss, while others have done quite some research and have come to a personal conclusion that bitcoin is a good investment and its worth holding, amongst this two only the other that has done research and have gotten to believe in bitcoin can truly hold without panic about selling and even every holder needs more time to grow in discipline but he now has the foundation which is personal believe and knowledge about bitcoin. You would never trust what you dont know and that is fact, you won't be holding bitcoin right now if you didn't have a % of trust in it. |
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Yes, actually having been launched with the solana blockchain I think this memecoin has a lot of potential. I still have my reservations though because at the end of the day it’s still just a memecoin and there is a huge possibility that it might just be all hype. With this in mind, it is better to buy now before it gets too expensive
Could as well be a pump and dump, or a rug pull, when investing in meme coins it's good tk have all this senerio in mind so you can apply wisdom tk the amount your allocating to getting them, the bull run has done good on pepe coin and I can see that Binance is also advertising AVEO on their app hasn't tried it out and not going to, but I've looked into it and it's just a new launch I think you might get some profits off it this bull run. |
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AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?
Good topic, I'm Really interested in the comment section and would love to see why people have keen interest in altcoins despite knowing the risk involved. 80% of people that invest in altcoin only do for quick profits or for the reason that they are looking for an alternative to bitcoin since they feel bitcoin is too far gone to invest in. Whole others are here cause they want diversifying into other crypto which is such a bad idea to me cause having bitcoin is good enough and all other AltCoins are just copy, so why invest in a copy and the original when diversifying should be in other areas or types of asset like properties, stock and bond that would give you a better sence of safety. |
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How safe is BSC (bep20) chain? Is it okay to store a large amount of BTC and USDT on that chain? If Binance shutdown will the chain still operate normally?
Still works like a normal L1 for me. Some prefer to store usdt on bsc too due to low gas fee when doing transactions. Its quite absurd to store big stables on network like eth when you will be killed on gas fee. Im pretty sure bsc network is safe like others or yet spread your coins to a lot of L1 and l2 to be more relax and avoid panicking. Not advisable to store on eth cause if youll put example like $100 usd worth imagine the gas fee will be incurred in that. Even more advisable to not store your holdings on exchanges, its not safe anything could happen and you should understand that usdt is peeged stable coin and re ent issues with usdt saying its not the best stable coin as there could freeze your it in your wallet. Practice self custody and keep your holdings by yourself not in the hands of any trusted company. |
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Something about AltCoins that lot of Investors don't know is that you can Invest with a low capital and if you're a good market analyzer to understand that the market holds to offer and going for the right projects, you could always Invest lower capital in that AltCoin and earns bigger of profits at all costs.
But investors who doesn't know about this AltCoin analysis would always have that wrong impressions towards AltCoins. Although AltCoins differs which could grantee you profits and reliability.
Bro however you make it sound investing in altcoin is a gamble and no matter how experienced you may make yourself feel cause you had gotten luck a few times you are most likely to lose money from investing in altcoins, I won't write of all altcoins but majority of altcoin are scam or pump and dump and much more centralized than you think cause they have a owner and some inside investor doing all the control. It's better to stay of altcoin if you are not ready to lose money and focus on Bitcoin the price may be high and it appears that you might be late but you have a better chance at beign safe than investing in any altcoin.
Having a good profit from altcoins is a dream that everyone wants, but considering you need to take a look at everything and sometimes your analysis mostly doesn't give you the expected results then I can sort of understand why they don't want to trade altcoins
What analysis actually, how do you analyse a good project, by reading their white paper or checking out if they are a scam, what exactly any written know how method, even I you do all the research in the world if you would get decived you would and the only thing reserved actually helps us do is to separate the novice scammers from the very good once in the AltCoins market, if your not going for old coins then I'll advice its better to stay off AltCoin. |
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Bitcoin price is controlled by its supply and demand so yes news have quite the impact on it, if you recall during the early adoption times of bitcoin when mt gox suffered scam attacks from hackers and lost a lot of bitcoin and peoples holdings, that news actually did affect the price of bitcoin and causes it to drop drastically along with other reasons cause many people began to question the security of bitcoin as an asset.
The bitcoin ETF approval was a major good news but it also played its role of bringing new money into bitcoin and there by causing the price to go high, high demand and scarcity makes a commodity to have more value and that's what is happening right now, many holders have moved their holdings to a private wallet and ETF is buying a major percentage of the currency supply so the price would surely keep increasing.
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ETF effects are long term and halvening is a diminishing effect but also is mostly an impact over time not just an event. Both of them are probably something applying over a year or more like vice being wound not an explosive change like some might hope. Obviously the market jumps around and tries to guess ahead, we are positive no doubt but outside of speculation the actual changes are over time and year plus also.
I think it's quite obvious about now, the ETF approval has done quite the job of bringing new money into bitcoin and fast, they are sure behind the price surge and bitcoin has broken its normal historical record of reaching a new ATH after halving but this time it happened so differently and yeah you can see recent consolidation around 73k to 70k and I think some investors that bought at 35k are already cashing out profits or most persons are expecting a prehalving dip, but from what you have said the ETF approval would have a more lasting effect on bitcoin and might bring us into a new ear of market steam where we might rarely have very long bulls and bears after this one cause if they continue buying from the current supply it would continue to lump the bitcoin price and the halving news is just to create a tension for people not to sell too early cause of the hype of halving and what it does to the price but what has happened so far is all ETF |
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I get your point. But experts say that 30 days of consecutive work out ( push ups in context here)is enough to cause obvious changes in your body, enough that any one would notice, although standard time for changes in the body due to work out is 2 weeks. It doesn't have to take three months to start 'developing', for example, it doesn't take three months for someone trying to loose weight to start cutting down... Take it from me, I work out a lot, and I've spent my life around that kind of environment. These are muscles were talking about, they expand and contract. Push up does this: stretches your muscles to a point it doesn't revert to it's original size, and that doesn't take three months of consecutive routine to start happening. Infact , somebody who's done 100 push ups for 3 months, that's about 9000 push ups, will definitely not "start developing" if you know what I mean.
Bro your right, it shouldn't take up to three months to start seeing obvious changes in your body, especially if your quite aggressive at it or majorly consistent. Just 3 weeks in, I've already started feeling pain around my upper chest and arm and few of my close friends are actually complimenting my muscle gain, so from my experience it should take that long. Kwarkam learn to quote properly, I've seen you make this mistakes more frequently, adjust your quote on this post. |
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