Hello,
has anyone heard about this project? It's called GICAI and it's making 2.5 - 2.7% profit per day with artificial intelligence.
I invested 100€ 3 days ago..
Why I think this is a scam? A return of 2.5% every day means 109.76% approximate return in 30 days. That kind of insane returns are not possible even an AI is used. This is nothing but a scam in the making and it is better to avoid this project. |
|
|
|
Hey
i want to make some profit by buying ETH cheap and selling whenever it goes up through metamask and swap it into usdt/usdc to safe my profits.
The only thing is that the fees through uniswap are really high, which are like 150-170$ on a 60k swap from eth to usdt on both ways.
is there any other alternative which is cheaper, as i dont want to use any CEX
Why don't you compare swap fees and liquidity across different DEX. Apart from Uniswap there are others like 1inch, Sushiawap or Matcha all of them aggregate liquidity from various sources. They offer better rates and lower fees than onchain DEX like Uniswap. If that is a problem for you then use layer 2 solution as mentioned in the first reply. |
|
|
|
|
Both POW and POS have their own pros & cons. The most common con that is associated with POW is energy consumption as well as environmental pollution. To overcome this negative perspective of POW we saw new crypto using POS protocol. I am not a big fan of POS as it has more issues than POW but currently we see every new or upcoming crypto project using it.
|
|
|
|
|
I was expecting the price of Bitcoin to go back to $70K after the halving but it seems to be stuck at $64K price level. April is almost over and we have another 8 months for this year to end. In most probable scenario another bull run might hit the market after June. A few altcoins ETFs are pending approval from SEC. So an alt season might be in the making before Bitcoin bull run. What do you guys think?
|
|
|
|
|
I would say that you need to be patient and wait for the next bull run. Buying altcoins is risky and since you have taken that risk you would need to keep yourself calm. If you had invested in Bitcoin then you won't be going through such frustration. Do remember if you keep on holding you are in the game if you sell it you are in the loss.
|
|
|
|
|
The flexible interest rate for staking USDT changes periodically depending on the amount of USDT the Binance exchange has on that day. A few days back they were giving interest of more than 10% and now it has gone down. Rather than going anywhere else I would recommend you use Binance as it is a trusted exchange and has been in this business for a long time now. I do want to make you aware that exchange wallets have their own risk.
|
|
|
|
What other factors can propel a CEX growth?
I will never believe in such reports as CEX in the past are know to use bots to increase volume. The most important factor will always be security as it has been a concern with CEX. Although there have hacks in CEX in the past the current environment with such issue is stable as we haven't heard of any hacks for quite sometime now. |
|
|
|
|
The Solana network has been congested for quite sometime now. Rather focusing on TPS the team should work on the scalability issue which is the need at the moment. I don't think Solana investors will be happy with the breakthrough when they are struggling to transact within the network.
|
|
|
|
I feel after agreeing to the terms and conditions of the Indian government they will lose users. Already there is a lot of issues with Binance P2P service for India. Bank account freeze are quite common when using the P2P service and now after agreeing to Indian government policies they will lose users who were using the exchange for saving tax. I think most of us were using international exchanges for only one purpose and that was tax saving. I feel rather than making money from India they will lose money
I have different point of view, if new investors are entering into the market then probably their first choice will be trading or atleast buying from Binance which is inevitable that increases the liquidity for sure. But in my opinion still trading on the p2p like Paxful seems to be the best option even though we have to pay 1% trading fee we can find deals that covers the fee and in total we can nullify trading cost but as said day trading is no more profitable if 1% TDS is in place. Why would a new investor register on Binance when he knows taxation would be like a local exchange. Anyways you have a point that can be only verified after a few months. Another important aspect of crypto is that most new investors join this business only when they hear good outcomes from this industry through a friend or a family. They will be informed about the tax structure and they will know how to find a loophole. Earlier they used Binance as it was an easy way to hide 1% TDS now it will not be the recommended exchange. I am not against tax but I think 1 % TDS is not justified. |
|
|
|
|
So, the long awaited and expected Bitcoin halving event has now been officially completed. With this halving miner's reward has been reduced from 6.25BTC to 3.125BTC, which is kind of sad for the miners. Post, halving everyone is expecting a bull run either by the end of the year or next year. We already saw a short bull run at the beginning of this year due to Bitcoin ETF.
My question to you guys is what are your expectations from Bitcoin halving and when do you think the bull season will be coming back?
|
|
|
|
Investing in meme coins can go either way, it can be an ultimate success or end up being a complete failure and the future decisions of these investors will be based on their initial investment outcomes. For everyone it's good to take the risk as long as the money they invest is affordable for them to lose but I am also against when someone buy their first crypto as memecoin.
Meme coins are risky as they do not carry any utility and are more like pump and dump coins. That being said, many investors have made quite a substantial return on their investment in a short time through meme coins. If OP has the money to dispose of and wants to get returns quickly, then meme coins are the best option. In the first quarter of this year, the narrative that was trending due to the returns generated was meme coins. I can forsee that the same narrative will again be trending when bull run returns to the crypto market. |
|
|
|
I never thought that they would resort to such a level, but I guess they needed the money. What about the common P2P scams involving the Binance Exchange in India? Will those who are experiencing frozen bank accounts receive any help? I doubt that anything will be done about it, and the government is more concerned with people like us. I am convinced that the situation will change in the future. If anyone thinks otherwise, feel free to reply. But before that, let's not forget that we are moving towards centralization, which goes against the very concept of Bitcoin.
US did that first, UK then probably India forced Binance to comply all the laws which ofcourse be a burden for the users to pay such hefty tax but from their perspective they are here to make money so they have to do anything to operate and in country like India they won't be taking chances cause the potential of market is huge when most population of our country ages 30 or less which makes trading as good choice for them that will obviously plus for the exchanges. I feel after agreeing to the terms and conditions of the Indian government they will lose users. Already there is a lot of issues with Binance P2P service for India. Bank account freeze are quite common when using the P2P service and now after agreeing to Indian government policies they will lose users who were using the exchange for saving tax. I think most of us were using international exchanges for only one purpose and that was tax saving. I feel rather than making money from India they will lose money |
|
|
|
|
Bitcoin Halving event is over now and the market looks positive after the event as it is in green. All major altcoins are recovering as Bitcoin is in green but it is temporary. As soon as Bitcoin goes again through a correction these altcoins will follow it. This quite common and some of these altcoins that were pumping earlier this year will come down to a price which most of us will be able to buy.
|
|
|
|
|
Halving has already happened earlier today and I don't think that the alt season will start. We should be expecting a Bitcoin bull run before and the we might see alt season happening. As of now it looks like that Bitcoin price has been recovering and altcoins are in green due to it. For now Bitcoin still dominates the market and it will be till next year.
|
|
|
|
After a long time, the clash among Chennai Super Kings squad against Lucknow Super Giants squad is ongoing on crease and both squads members entered in crease for displaying their batting or bowling innings performance and their skills. Chennai Super Kings squad has begun this match with first batting Inning and their first inning was already completed and Chennai Super Kings squad collected 176 scores and if we closely see their defeating target which seem not a weak and low quality target. Ravindra Jadeja batter displayed very significant strength in batting and collected 57 scores which was better than other batters. One starter batter Ajinkya Rahane was collected 36 scores off 24 deliveries. Now let's watch out what Lucknow Super Giants squad are up to on field and their batting Inning has just begun and 5 overs successfully completed. According to these 5 overs, their batting inning is going quite great. What outcome are come at last in this fight lets watch out .
I think yesterday's match would be lost by Chennai Super Kings as we can see Lucknow Super Giants wonderful batting and everyone knew this once the LSK had a big opening partnership. I think Chennai Super Kings could have made some more runs but at least they made average runs. At this time, there are also more chances for Chennai Super Kings to achieve the loss in such a good way, that they are down by 85.43% (Percentage), and slowly, their percentage are coming down. This a point where you can say Chennai Super Kings would be lose this match and the players had given the hope even before the match ended.. Lucknow Super Giants won this match easily at Lucknow. CSK could have made more runs but LSG bowlers were good which caused CSK a few early wickets. Jadeja got good runs but he was slow but Dhoni came in the end and got CSK to a decent total. LSG started well as both the openers got their half century and they both were the reason why LSG won the match comfortably. |
|
|
|
The market is getting filled with memecoins that are only based on hypes this is because from the name selection one can clearly see how this project is based on just speculations and nothing deeper than that, and also we can see from the project introduction.
Any ways only invest in such project with money you can afford to lose and still be ok, that is very important because with such investment your probability to lose is high.
This is how the meme coin market operates and people still go ahead and invest in them to get rich quickly. There are multiple copies of the same meme coin on different blockchains promising to be better than the older one. I never thought that beginning of the first quarter when Bitcoin started pumping the meme coin market will boom and some of them were giving returns of more than 10x which was better than a lot of utility crypto. It is a never ending phase it now looks like which is similar to NFT market. |
|
|
|
I came across the news in the Economic Times where they mentioned that Binance has agreed to all the terms and conditions of the Indian government. They will now be FIU compliant and will adhere to the tax regulations of the Indian government. Time for me to move to another International exchange which is not bowing down to the pressure of the Indian government. Binance will be paying a penalty of $2 million to the government of India which does not look okay as the penalty is less. I might be speculating here but I think they have come up with some kind of understanding with the government to pay a low penalty which we will see in the future if we receive and many other Indian users receive a demand letter from the Income Tax department. An official announcement by Binance is yet to be made. |
|
|
|
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
I agree that it can be done and I also agree it is not a solution that will give concrete security. I always believe in the basics and that is to always write down the seed phrases on paper and then store it somewhere which you think is safe. I do believe that rather than having a single copy always have two so incase if one gets destroyed then you will have a backup. You can then go ahead and create another backup of the same. |
|
|
|
I think that the majority was done with the swap and already sent to the new address. How many of you guys have already successfully swapped it because mine seems to be pending still? is anyone able to trade the new swapped EMC to its supporting exchanges?
It has been a month now and mine are still pending, not sure how much time it will take to complete the swap. I do not think that majority of swap has been completed as like you and me there are many more who might be still waiting for the swap to be done. |
|
|
|
|
Show Posts
