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2561  Alternate cryptocurrencies / Altcoin Discussion / Re: Will DOGE go back to sub $0.01 prices ever again? on: July 10, 2022, 05:47:38 PM
If the bear market has truly bottomed then I believe $1 per coin is a certainty in the next couple of years.

 Roll Eyes This is an extremely optimistic hope. DOGE can grow up to 1 dollar if Musk continues to PR them as hard, though I must admit that the effect of his PR is not the same as before, because many people began to consider Musk a speculator and manipulator. Even if the price reaches this level, it will only be as a final pump before a prolonged fall. Because this coin has nothing behind it except speculation and Musk's support, it's a meme coin, no wonder. And something tells me that after DOGE reaches $1, token price will lose 99% of its value again.
2562  Alternate cryptocurrencies / Altcoin Discussion / Re: Merit For Signature Campaign !!! on: July 09, 2022, 06:29:51 PM
What does this have to do with altcoins?

Signature campaigns don't give you any knowledge. But if you publish interesting and quality posts, you can get paid for it. So if you want to be a part of these campaigns, you should have already gathered some baggage of knowledge and practical experience in the crypto space that you can talk about in your posts.
2563  Alternate cryptocurrencies / Altcoin Discussion / Re: P2E crypto - which ones are good and worth it? on: July 09, 2022, 05:37:40 PM
do you know any good projects where i don't have to invest any money and can earn crypto by playing (p2e)? im looking for such crypto projects. thanks in advance for good suggestions.

Without the initial investment to make money in P2E, as well as in M2E, it is almost unreal, and if there are such projects, it often turns out to be a scam. And now P2Es do not enjoy any popularity, and there is not the kind of activity that was in 2021. If you have a desire to earn on such models, then now on the rise M2E projects, the same StepN. But there is nothing to do there without an initial investment.
2564  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I doing the right thing on: July 09, 2022, 04:45:18 PM
If you're not sure about investing in some altcoin projects or you're trying to find them with the help of forum comments, then I can definitely tell you that your optimal choice in investing is BTC and ETH. If you don't understand if these altcoins are worth investing, then you're not ready to invest, because you don't know the market and you don't have certain metrics by which you determine the prospects of such an altcoin. Where can you get such knowledge from? Certainly not here, in the comments to the post. Study more, then start investing, NOT the other way around.
2565  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading question on: July 09, 2022, 04:17:47 PM
Any short-term trading leads to losses in any market. If you use your leverage, you will go bankrupt faster. If you made money today, it means that other traders have lost them. I prefer investing and an interval of 6-24 months or more.

I would say that any trade on the altcoin market will sooner or later lead to losses and the shorter the timeframe in your trading strategy, the faster you will come to those losses. Is anyone trading altcoins with leverage? Those are some kind of kamikazes for sure. As you correctly point out, the best way to interact with altcoins is either medium-term investing, 3-6 months, or long-term investing, 1-2 years, tops.
2566  Alternate cryptocurrencies / Altcoin Discussion / Re: Roller coasters!!! on: July 09, 2022, 03:56:16 PM
The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

What bitcoin & ethereum price control are we talking about? Bitcoin & ethereum do not control anything in a bear market. They, like other assets, are also affected by the U.S. Federal Reserve's decisions to reduce inflation. Because of the outflow of liquidity, many markets, including the risky cryptocurrency market, are exposed to cash outflows and this leads to lower coin prices. We should wait for their hawkish policy to change to a dovish policy so that markets can start pumping up liquidity again.
2567  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin made you a millionaire? on: July 09, 2022, 03:52:41 PM
I am pretty far from being a millionaire, neither do i have that mindset of being a millionaire through cryptocurrency, quite a lot of people have the get-rich-quick mentality with crypto, and it has cost them quite a lot of losses, some they can't even ever recover from, i am a Bitcoin enthusiast, so i hardly have anything to do with altcoins, but what i have noticed is that it is altcoins that people purchase when they start to nurse that get-rich-quick mentality in their heart, mind you that altcoins are risky and aren't long term projects, thus you should sell when you have the opportunity to, especially when you have made ROI. I am not worried about Bitcoin making me a millionaire or anything of that sort, there are other ways i can achieve that goal in RL, i sincerely believe in the Bitcoin network, and that is part of the reason i put my funds in it.

Altcoins are more suitable for quick profits than long-term investments. Many altcoins obey trends, but people think trends will come back and their investments will rise again many, many times over. That's why would-be millionaires are buying up various cheap shitcoins like P2E, memcoins, NFT, etc. Although there are also some good examples in altcoin indsutry for long term investing where the price has gone up a lot in the last 4-5 years.
2568  Local / Новички / Re: Онлайн кошелек биткоин для блондинок on: July 06, 2022, 07:47:50 PM
Давайте не будем размазывать инфо по кошельку по всему разделу. Вы создали топик, там и продолжим обсуждение. А то вы уже в трёх топиках прорекламировали свой кошелёк. Надеюсь на понимание.
2569  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens next with the market? on: July 05, 2022, 09:41:37 PM
To understand whether they are leaving or not, you need to look at their open or closed positions, not their tweets on social media. Certainly, some funds are ceasing to exist on the crypto radar due to heavy leverage. Perhaps the examples of funds you mentioned just wanted to restart their social networks or changed their development vector.
2570  Alternate cryptocurrencies / Altcoin Discussion / Re: Need help and advice about crypto investment on: July 05, 2022, 09:21:01 PM
Guys, has anyone heard smth about Intelfin Group companies? I read the reviews, it seems fine. They work with crypto. The yield is around 13% per month. Their plans seem to be serious. They even do co-financing. I'm lost whether to try or not. I 'd be grateful for any info. Here's the firm’s link: https://intelfin.io/

First I read that it was 13% per annum, and then I saw that it was per month. It turns out to be 156% per annum. No serious, long-term business would ever give you that rate on your investment. This is either a ponzi scheme or a regular pyramid scheme that has a legend that they are in the business of investing in various financial markets. They have a mention on their website on the home page about an arbitrage bot that brings in 22.4% a month. Another tale to fool naive investors.
2571  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin made you a millionaire? on: July 05, 2022, 08:53:18 PM
HEX is a common shitcoin, which was pumped out at the expense of yobit-influencers. With such projects can become a millionaire only the creator of the project, or those who invested earlier, even at the stage of seed investment. This project does not have as much liquidity and capitalization to make ordinary investors millionaires . So, such projects in the long term should be avoided, it is a one-time investment and they pay off only when you enter the project before the crowd. If you went in for $100 and made 50x profit, it doesn't mean that the project will make even more money and with even more investment in the future.
2572  Alternate cryptocurrencies / Altcoin Discussion / Re: Power to the people on: July 05, 2022, 08:19:17 PM
I believe that the control of your money with crypto in the future will not be entirely complete, because governments will impose a tax on the use of it in all countries, as is already happening in some countries like the United States. But it's still better than trusting the traditional financial system.

My opinion is that there will be full control, but only when interacting with centralized services (the same exchanges). If you look at the current practice of crypto exchanges, there is a new wave of regulation, which implies KYC even when sending transaction to external wallets, as it was recently implemented on Dutch exchanges. Of course, this process is not fast, but it will take years and such regulation can become widespread.
2573  Alternate cryptocurrencies / Altcoin Discussion / Re: What did cause a massive pump for dogecoin? on: July 05, 2022, 08:01:51 PM
One thing for sure is that Dogecoin is just another speculative cryptocurrency like the rest of the other altcoins trading on the market today. With a high inflation rate, and lack of real use cases, what makes you think the cryptocurrency will reach new All-time-highs in price? If DOGE reaches a new All-time-high in price, it will only be for a short period of time. Long-term speaking, it will become worthless because of the way it was designed. Who knows if Elon Musk abandons DOGE for the next big thing in crypto? Just my thoughts Grin

I can't say that DOGE has no real use, yet it is a favorite tool of exchange traders and judging by 2021, some companies began to add DOGE as a means of payment for their goods and services, although about adding a means of payment, I am not sure that it was not without the influence of tweets of Ilon Musk. After all, these tweets popularized DOGE in the crypto community. DOGE is now completely dependent on the sentiments of one man, in fact this project has become highly centralized, and once Musk stops paying so much attention to DOGE, it will very quickly return to the values that the project had before 2020.
2574  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu, Dogecoin Accepted for Payment by Food Delivery Company Uber Eats ! on: July 04, 2022, 08:45:02 PM
It's not quite clear why these food deliverers have started accepting coins as payment that have no bottom and can fall indefinitely, because they are just meme coins, without any utilitarian properties or deflationary model. In my opinion, accepting such coins as payment carries additional risks for business.
Whether we like it or not, mega popular meme coins still have value and a large userbase who might be interested in spending their shitcoins whenever prices skyrocket again, and some companies don't want to miss out on adding another revenue stream. Personally, I know some people who were holding Doge for years and as soon as their bags of memecoins started going up they went on a crazy shopping spree in stores that had implemented bitpay and coingate (another crypto payment gateway).

About the risk for businesses, yeah it's always there, but Bitpay converts to fiat currency on a daily basis so, as long as the companies understand the high volatility of the market and opt in for settlements in local currency every day, they should be good.

DOGE, unlike Shiba inu, has always had a utilitarian function as a quick and cheap way to transfer value between exchange-traded wallets, so holding DOGE made sense, but the coin has gone up in price not because of this use of the coin, but because of speculative tweets by Elon Musk. In general, meme koins perfectly reflect the essence of the altcoin industry. It doesn't matter that the coin has no utility, what matters is that it can be used to speculate as long as possible.
2575  Alternate cryptocurrencies / Altcoin Discussion / Re: New to staking - is this worth it? on: July 04, 2022, 08:14:39 PM
Obviously, your strategy is based on which coin at the lowest cost per coin will yield the most interest for the year. This strategy fails most of the time for two reasons. The first reason is that the coin may devalue greatly in the future and at best, the interest on the stake will only cover the losses from the lost value of your purchased coins. The second reason is that APY can become floating at any time and you will not get the claimed 18.25% that the service promised you. From this we can conclude that this steaking is an extremely risky business.
2576  Alternate cryptocurrencies / Altcoin Discussion / Re: Money Wire Is Live!!! Cheap and Fast Transfers on: July 04, 2022, 07:52:04 PM
Fast and cheap transactions have not surprised anyone for a long time. By the way, it's not the main thing in crypto industry, otherwise we would see projects offering fast and cheap transactions at the top of crypto rating now. It's been over a month since it was announced, and where is the website of this project, not a single follower on Twitter. The project at the moment looks like some crude craft without a coherent concept.
2577  Alternate cryptocurrencies / Altcoin Discussion / Re: Inflation can really ruin a coin on: July 04, 2022, 07:37:28 PM
There are not many deflationary assets and they are not interesting for most crypto tourists, because it is not possible to make money on them quickly. For long-term investing in the project, parameters such as deflation or scheduled burning of coins by developers are definitely important, this way excessive supply is constantly withdrawn from circulation and it has a favorable effect on the price in the long run. I would also like to note that one should stay away from coins with large pre-mine, because such projects are extremely centralized in terms of circulating supply and liquidity in such projects can be quickly withdrawn by the developers of this very coin.
2578  Alternate cryptocurrencies / Altcoin Discussion / Re: The Opposite always happens on: July 04, 2022, 07:14:03 PM
The $10,000 bitcoin debate has been going on for months. This is typical of a bear market, because the crowd has maximum fear and many people have a trend mentality, that is, if an asset goes down, they think it will continue to fall in value, and vice versa, if an asset goes up, these people think it will continue to rise.

It is impossible to say definitively whether we will reach $ 10,000 or the price bottom will be slightly higher than that, but it is safe to say that if you have free money, buy bitcoin right now, if it falls even lower, buy more, and if it starts to grow, you will start earning on your investments.
2579  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are low....A great time to get in? on: July 03, 2022, 09:13:57 PM
Decentralization must be prioritized for Ethereum to last for generations. As long as it stays that way, we should have nothing to worry about. Just my opinion Smiley

If decentralization is such a priority for Ethereum, why does the network strive for PoS, which implies centralization. After all, if you own tokens in the network, then you have voting rights, but since tokens are unevenly distributed and there are many whales with big wallets in the network, it turns out who has more tokens has more voting rights and thus influence over the network. In my opinion, if ETH ever launches PoS, the network will move far away from notions of decentralization.
2580  Alternate cryptocurrencies / Altcoin Discussion / Re: HODL on: July 03, 2022, 08:53:03 PM
My portfolio is a wide net. 50% BTC & ETH. It's fascinating watching altcoin behavior in this downward spiral. Some unexpected surprises... Braintrust 😉. I haven't invested more than I'm willing to lose. Though down about 55% I'm in for the long term. HODL !!!

Great strategy, I do it myself. You chose good deflationary assets that reveal their potential and best qualities as an investment asset just in the long run. These projects may not be able to show a lot of X's in a short period of time, as new projects do, but they have the confidence that they will not go down in 1-2 years, because these assets have a very strong fundamental basis.
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