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2401  Alternate cryptocurrencies / Altcoin Discussion / Re: How to know a good bounty on: August 06, 2022, 06:41:08 PM
...IF THERE IS AN WORD OF ESCROW YOU CAN JOIN BCZ ITS MEAN MANAGER HAS RECEIVED PAYMENT FROM PROJECT OWNER....

Escrow is usually used in signature companies with payment in bitcoins. And such companies are really the best of those that are held at the forum. If you see that the manager is conducting a campaign with payment in a new token that is not yet traded, then escrow only guarantees that you will receive your tokens, and not that you will receive a profit.
2402  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking forward to add exchange tokens to my portfolio on: August 06, 2022, 06:33:54 PM
I doubt any exchange tokens, CEX or DEX would be good for long term holding. They carry more risks. For any reason, if any of those exchange fails or something happens (like a major hack or something similar), the tokens would tank them with them.
Not sure why you would want to invest in a exchange token. Other than giving lower fees, what other benefits do they carry? Better stick with bitcoin and regular altcoins.

The same applies to any coin, if there is a hack, it will necessarily have a negative impact on this coin. So there is no special difference between an exchange token and other cryptocurrencies, except that the exchange coin is supported by the exchange itself.

In addition to the reduced commission, the exchange token provides an opportunity to participate in launchpads held by the exchange, in addition there are many different bonuses from its hold.
2403  Alternate cryptocurrencies / Altcoin Discussion / Re: How to take profits? on: August 06, 2022, 12:55:39 PM
...I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

Usually, profits are fixed when the price has reached resistance. It is at such values that it is recommended to fix a part of the profit, since the price may turn around from this value. But at the same time, the position is not completely fixed, but a part of it is left in case the price breaks through this resistance.
2404  Economy / Trading Discussion / Re: Futures Trading is not for everyone on: August 06, 2022, 12:17:02 PM
...It is because of this I am against using leverage because it goes against that rule and it can cause irreparable damage to your account, and the case of the OP is just one more example of this being the case.

If you allocate 1% of your deposit to the order, it does not matter whether you use leverage or not, you will not be able to lose more than 1%. Leverage will simply bring your liquidation closer in proportion to its size, if the price moves contrary to your expectations.
2405  Other / Beginners & Help / Re: How do you safely keep your recovery phrase written on paper? on: August 05, 2022, 05:31:52 PM
It is quite easy. Just the same way you keep your school certificate and other important documents out of reach of others, that's how you should keep your phrase.

The difference between a school certificate and a seed phrase is that if your certificate burns during a fire, you can get a duplicate. But if your piece of paper with the seed phrase burns in a fire, then no one can provide you with a copy of it. So a place inaccessible to others cannot guarantee the safety of saving the seed phrase.
2406  Economy / Trading Discussion / Re: Futures Trading is not for everyone on: August 05, 2022, 04:55:41 PM
...On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔. 

This definitely indicates that you have not adhered to risk management. It is obvious that you have opened your orders with a high leverage, which usually leads to the liquidation of the deposit. If you opened orders for 2-3% of your deposit and used a stop loss at the same time, your deposit would be partially lost, and not liquidated.
2407  Alternate cryptocurrencies / Altcoin Discussion / Re: So we've gone from 1 meme coin to one hundred now ? on: August 05, 2022, 04:23:21 PM
Not to brag but my meme coin has made me nearly $500 already. I'm beginning to get worried.  Undecided

Have you tried to sell your coins in order to talk about profit? You may be surprised, but it happens that the smart contracts stipulates that you will not be able to sell them, or transfer them, since they are blocked for a certain period or forever. In such cases, the price of the coin is constantly increasing, since no one can sell.
2408  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Classic Catches Triple-Digit Gains During the Last Two Weeks! on: August 05, 2022, 04:16:41 PM
...Being a big miner doesn't mean you can fork the biggest ecosystem in the crypto market.

Indeed, in order to make a fork of the largest Ethereum network, you do not need to be a major miner, since anyone who has the relevant knowledge can do it. To do this, you need to copy the open source code that is available on Github and make changes to it. If the fork of bitcoin has been made dozens of times, then I am surprised that it has not taken a massive character for Ethereum.
2409  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Classic Catches Triple-Digit Gains During the Last Two Weeks! on: August 04, 2022, 06:03:50 PM
...I am not saying that it would make sense to just stop, of course you have to keep going, but ETC will not profit from this as much as people think...

We can definitely say right now that the hashing power will increase in the ETC network, since many miners, after switching ETH to PoS, will be forced to switch to mining ETC. This is what will prevent hacks in the future, including using a 51% attack, which we have repeatedly seen before.
2410  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the most trusted stable coin currently (in your opinion)? on: August 04, 2022, 01:20:01 PM
I think the stablecoin I have trusted is USDT because USDT is still in the top 3 based on coinmarketcap...

The large capitalization of a stablecoin cannot be a guarantee of its security. After all, any issuer of a stablecoin can print an unlimited amount of its stablecoin, which can increase its capitalization several times at once. Here, the reliability of the issuer behind this stable coin is more important, and what reserve assets are used and their quantity to support a stable exchange rate.
2411  Alternate cryptocurrencies / Altcoin Discussion / Re: ATH for ETH on: August 04, 2022, 10:18:30 AM
...The current criteria of BNB, fast transaction speed, and low gas fees, as well as the fact that BNB is still too centralized and not what makes it so outstanding when compared to ETH, I think it still isn't appealing enough for developers and big investors in the market.

After the transition of Ethereum to Proof-of-Stake, BNB Chain will lose its advantage, consisting in high transaction speed and low commissions, on which it actually gained its popularity. Given this fact, it will be difficult for BNB to overtake Ethereum, especially since it is very much inferior to ETH in capitalization at the moment.
2412  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Classic Catches Triple-Digit Gains During the Last Two Weeks! on: August 04, 2022, 10:01:27 AM
Everything may change if Chandler Guo plans are implemented and we see another fork of ETH. Chandler Guo: "We will fork ETH,you will get free cash" - https://twitter.com/chandlerguo/status/1552380346385289218?s=21 In this case, the released capacity after the transfer of ETH to POS may remain in the new ETHPOW blockchain.
...He will not find even 5% of the required number of developers, so the project is doomed to scam.

Considering the fact that Chandler Guo is not a beginner in mining and back in 2016 and had one of the largest ethereum mining farms, in the end he turned out to be a supporter of the hard fork and supported ETC. So don't underestimate its potential to gather developers for the next Ethereum fork. Therefore, we will definitely see EthereumPoW (ETH) coin, especially since support from Poloniex has already been announced, which will be the first cryptocurrency exchange to support ETHW" - https://twitter.com/EthereumPoW/status/1554629601539723264

After all, BTC has a huge number of forks that do not compete with it. Accordingly, ETHW may simply become the second fork of ETH, which we will not remember anything else.



2413  Other / Beginners & Help / Re: How do you safely keep your recovery phrase written on paper? on: August 03, 2022, 02:54:04 PM
I am sure that despite the recommendations to write the seed phrase on a piece of paper, most users ignore this recommendation. And this can be explained by the high vulnerability of such a record from fire or flood. So everyone adheres to their own strategy of preserving the seed phrase. But do not forget that your heirs should have access to it, in case you yourself prematurely leave this world.
2414  Bitcoin / Bitcoin Discussion / Re: If you had the chance to meet Satoshi Nakamoto what would you ask? on: August 03, 2022, 02:27:53 PM
Of course, it is interesting to find out who is hiding behind the pseudonym Satoshi Nakamoto. And I'm really interested to know if he has retained access to his wallets, which store more than a thousand BTC coins. If there is no access to these coins, then they can be considered lost forever, and Max Supply can be reduced by this amount of BTC.
2415  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana is being attacked right now. The attack is on going. Beware! on: August 03, 2022, 01:16:18 PM
...If you have cold wallets, it is better to transfer your coins and tokens there for the time being. It is found out that hot wallets such as Phantom, Slope, and Trust Wallet are already being drained of funds because of this current attack...

I just checked my coins on Phantom and to my joy, everything is in place) The coins that have value have been transferred by me to the exchange wallet. And also the entire Sol was transferred so that it was impossible to pay for the transaction when an unauthorized withdrawal of funds from the wallet was attempted.
2416  Alternate cryptocurrencies / Altcoin Discussion / Re: ATH for ETH on: August 03, 2022, 01:05:52 PM
...Now that many people are rushing to invest on binance, I think, binance will become second position among other cryptocurrencies in future because their teams are seriously working to make their customers enjoy a massive income from their investments in the future.

In order for BNB to overtake the capitalization of ETH, it is necessary that the price of BNB increased 4 times, and the price of Ethereum remained the same. Do you really believe in such a development in the cryptocurrency market?
2417  Alternate cryptocurrencies / Altcoin Discussion / Re: So we've gone from 1 meme coin to one hundred now ? on: August 02, 2022, 06:38:44 PM
...To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !  Grin...

I wouldn't be surprised if the price of these coins became zero the next day. Since such coins are created for the sole purpose of pump & dump and you should be prepared for the fact that you will lose your investment in meme coin. But I can't rule out that you will be lucky and you will make a profit if you manage to sell these coins in time.
2418  Economy / Trading Discussion / Re: Prompt safe staking with good APY on: August 02, 2022, 06:10:28 PM
...I lost a lot of money in such a bear market and I want to calm down a little, I heard that there are options to earn big money on bets in different liquidity pools and staking, I want to know where you can find a platform that will show the best percentages for betting and liquidity. ...

The Waves.Exchange cryptocurrency exchange offers quite high interest rates for the liquidity pool and staking. A lower APY, but correspondingly less risky placement of your funds, is offered by Binance. You should do your own research to choose a platform, as it is your money and you should be responsible for the decision yourself.
2419  Other / Beginners & Help / Re: You have not lost a dime if your Bitcoin is in your wallet on: August 02, 2022, 11:09:03 AM
If you decide to sell your coins at a loss, then 1btc will not be the same anymore. And this is what most of the newbies do when they start panicking seeing the prices of their investments continue to decline. Instead of hodling since it will always retain its value and to stay away from losses, newbies resort into making mistakes and that is to sell bitcoin at a certain low price. That way, once you decide to sell at a loss, the value of bitcoin has already depreciated.

Yes, no, the problem is not that when the price of bitcoin decreases, the newbies sells his coins, but that he does not buy them back when the price of the coin has decreased. This way he could increase the amount of BTC in his wallet. But after the dump, he is generally afraid to make new purchases, even at a reduced price.
2420  Alternate cryptocurrencies / Altcoin Discussion / Re: ATH for ETH on: August 01, 2022, 10:18:05 PM
I think the new ATH will be closer to the release of the transition of the ETH network to POS, this will give positive dynamics in the market, because many are waiting for this, how many times developers have already postponed the transition date...for example, I have not used the ETH network for a very long time because of my higher commissions, and when switching to POS, most users will be only too happy to use this network and of course due to demand, the price of ETH will grow.

The preliminary date of Ethereum's transition to the Proof-of-Stake algorithm is set for September 19, 2022 - https://twitter.com/superphiz/status/1547643255335968771. And I am sure that your expectations to see ATH before this date will not be fulfilled.
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