I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.
In real talk maybe yes. Some traders quit their jobs to fully give their time on trading which they found more profitable for them than working 9 to 5 but that is not advisable since you are risking your opportunity for a high risk job which doesnt guaranteed success. I know a lot of people relying on that but that requires expertise and a wide experience to be able to consistently earn on crypto market. Unless you have a regular gig or example like signature campaign here on forum, that earns weekly crypto but that is also not guaranteed and can be considered as work but only as pass time or hobby.
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I often use Dextools to see the liquidity level of newly launched tokens. However, liquidity did not survive well, in a short time, it was deleted by the token owner. They are just to make a trend there.
You can see how long the lock of the liquidity and if the pool is even lock or not. From there you have an idea how long the token deployer plans to trade the token if you found it short then of course thats a clue that the project might rug anytime especially giving a short stint on the pool. This is case to case basis and depend on explanation why the locked is short.
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Maybe if you are into country that is strict. But since nft is govern on decentralized space of crypto, Im not sure if there will be legal penalty for that, and just like you said only with some differences on size, color, or anything that make it distinct from the original. But if you observed nfts on crypto, almost all are the same that eventually its hard to know which one is the original basis of the art.
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Now i want to get more and more information how to improve my poor English writing /speaking Information and knowledge are just here on forum you can freely scan all the topics you wanted to learn and browse here and anything about bitcoin. You can also use the search function for easy navigation and roaming around here and finding useful topics. Improving english writing and speaking are need of practice and studying which i believe you could practice for yourself. You can use some learning on internet Youtube has plenty of resources.
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I think you are on the wrong section OP. You could move this thread to altcoin discussion since you are talking about nft which i believe belong to that topic section.
Btw not sure how to be expert on nft, but clearly there are ways on how to learn nft like making one, or uploading it on chain or in platforms. You can do one in opensea.
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Maybe its good to have cut of the pies even a bit. We all knew that ada is a top notch project and still ond evelopment. You could say they are slow but still they are still ongoing one. I maybe investing on new projects but think of it as a quietly nice project with a steady pacing. I am more on new L1 but we cant forget how big this cardano. Maybe we could assume it still one of the sleeping giant out there that needs attention.
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I will sleep with my bag in a cave for 6 months. That's all i can do now. The current market condition is unpredictable. Best to hold for as long term.
This is the right thing to do. Its like we need to calm and wait for the right moment once again. Its not every year we should experience a bull season effect but thats how we should keep tight and remain intact when it comes to our asset. Yes its kinda frustrating but we cant do as the whole economy is dragging the crypto market on their bull shit inflation.
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Most times I find it difficult to actually differentiate between cryptocurrency and decentralized finance. I believe here is the best place I can get the help/answer considering my curiosity.
Cryptocurrency are what weve used to handle financial transaction digitally. Whereas defi is the term on a systematic approach on financial method likewise on banks that are use to gain profits or distribute, allocate ways on how to earn by means of various utilization using staking, farming, lending and any means to produce and generate a system for finance using dapps and blockchain technology.
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I am too victime of that ust staking but cant really do much now. I could say that greedily struck me during that time. But anyone could be tempted with the APY staking stablecoin, compared to traditional one on binance like busd or usdt with much lower. However it makes me more anxious now regarding that stuff. I would definitely wouldnt trust new stablecoin staking aside those common ones. Yes the busd apy is much lower but still manageable even with low APY. But trusting again stablecoin like the new one on tron usd, maybe not again.
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I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
Then your friend is a bastard. He didnt consider your other friends when it comes to money. Most people are really changing when it comes to money. Possibly he teaches him to create a wallet then that guy doesnt know that the thief got his recovery phrase by split second. Thats now how you treat your friends. For a $100 your other friend fret just like that. How much more if the money is big. So its scary really to trust someone even though you knew him well.
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If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?
Not sure anyone would be expert on bitcoin price here. Even the highest rank or the highest merit earner couldnt tell what would be the btc stance in the coming years. But if you are deeply worried then just exit your asset and turn off crypto notification. Its quite normal to see red days and thats due to a lot of news and some making it more exaggerated one that move others into selling due to fear and fud. But if you believe in btc is the future of money then just DCA no matter what the price, at some point it will go back or even surpass its ATH.
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Everything they do is an attempt to confuse people into thinking any of it has to do with Dogecoin (it does not), and everything else about this project screams "scam." I recommend staying away from it.
As if dogecoin community really cares about this project. Obviously developers are trying to exploit some money from airdroppers or some who wanted to think of a dogechain hype. Every uniswap buyers are gonna go berserk when they figured out that the one selling is from the dev contract itself. Zach on twitter really trying to put some labels on their wrong doing. But of course it depends on the user to believe or not.
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The first explanation suffices the answer on your query. Ver tricky bastards but thats only if you did or fall for that. Any messages on social media whom you didnt know or not actually connected with you should be block especially if the message is quite sensitive and about money matters. Of course youll get confuse why is t like that right. But remember that easy money are the one easily get loss easily too.
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
Its high because theres still a lot of room for staking or farming. A pool usually gives out small profits due to lowering APY and thats due to massive staking by users. But I am bit impressed with such project retaining their high figure percentage just like evmos. Its really give you a lot of return but I do hope it will take time before it got lower and slower. Some projects attain already a matured staking and resulted to little to almost no reward even staking huge quantity.
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Its the same both are risking with different level of risk. Only on gambling there is a sequence and sometime it could be trick or known the tehnique while trading also involves some prediction on past result but not guaranteed. Also can incurred some losses even you are following a right basics and knowledge of trading.
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Should newbies just getting into the crypto exchange and trading be advised to try out emerging innovations? Should familiarity be created first by using the already established visa and MasterCard mode of the transaction before trying out other options like lightening 101?
Im not familiar with that but innovations connected to real deal technology might also pose a risk to users especially if gone by to a wrong one. Mastercard related projects are should be more careful cause you are gonna connect your debit/credit to a platform so exercise double careful. How about using traditional one like decentralized or known exchange for that?
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Am I getting it wrong? Or you didn't concentrate much on the question? If I'm not mistaken, he mean as a newbie can you give out merit to another user? I think one must have sMerit in order to send merit. So I'm little bit confused seeing you saying yes and getting more lost when the above me justify the answer you gave to OP. I need more enlightenment please.
I think he already assume that a newbie can send out a merit if he already got some merits. Then only he was able to have smerits to send out some merits. Its not that he didnt answer it correctly but only a few tweaks like reasoning like what I was said.
A plain newbie account cant send any merits if he dont have any smerits. To be clear.
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Is it advisable as a new trader to engage in future trade?
First of all future trading is the most risky type of trading. Now if you dont have any basic knowledge about that then much better to learn first the basics and engage on trial account. Its not easy to earn and not incurred loss on future trading. I myself always have losses there no matter how careful I am. Too many traders give up on pursuing on this cause they always lose in the process. Its not that its hard or what, but the market is very volatile that you might caught on whale plays and liquidated your funds.
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Its fine to hire someone to recovered your stolen funds. But the chances to retrieve it is quite small especially if thr fault is on you ans it get stolen via yout wallet due to exposed private key or they simply get the dund through malicious fund.
Its quite often that people get hacked due to these reasons and very rare to get their asset back. What you can do is learn from this experience, but there is no harm on trying to get it back and maybe the funds is huge then even me I will try all my best. Bte how or what happened on your funds Can you elaborate how it got stolen?
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Thats a big problem if he doesnt have spare copy of his password or account details aside from the phone. Its imperative to have spare copy that you can access anytime in case a situation like this occured. Or should write in papers all important accounts and keep it safe at home. Somebody can exploit your phone and once the hacker find it then he can use your account already. Also there is an email associated with the account he can use it to retrieve the account. Problem is if that as well is forgotten too.
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