I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
The value of NFT is too subjective. In the long term, projects like NFT (with the rarest of exceptions) should not be in your portfolio. Right now, these projects are mostly used for ordinary speculation and nothing more. People buy their own NFTs from themselves to create an atmosphere of demand and interest around them. Maybe if you decide to invest in some NFT project, you too will be sold such a pacifier. Invest in established protocols that have their own blockchains, ecosystem and strong community. |
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In fact, this is no longer a new way to attract naive investors. Such schemes worked well back in 2020, when there would be a DeFi boom and many liquidity pools would appear. The competition was very high and all sorts of dubious projects tried to lure liquidity by means of exorbitant APYs, which of course no one paid, because such projects must have trillions of trades on their platforms for them to pay such insane percentages. This site needs to raise money by any means necessary and so they show you what people want to see most often, big profits for minimal investment. This scam will thrive for a long time to come, as human greed stupidity and naivety has no limits.
Unfortunately, I fell for one of them as well. It looked like it was promising something great and it actually did bring something great there was no lying about that but they didn't deliver and rug pulled, if they delivered it could have been a great project. Instead, they rug pulled and I lost almost all my money and that was the main reason why we had something like this, because even veterans like me got fooled like that. There is really nothing that would make it alright for people to end up losing money if they did not do their research and I didn't and I got fooled by the high APR which is a foolish way but I did it and I learned my lesson. I still have some, but in Cake, which is a lot more trustworthy. Investing in new or young projects is always a risk, especially if the development team is not experienced. They may encounter various difficulties in the course of project development and the project will die, having lost all its capitalization. Even despite the fact that the team sincerely wanted to develop their project. The competition in the crypto industry is very high, so you should use as much analysis as possible before investing. Especially you should take into account which funds are interested in the project and what kind of tokenomics. |
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However, there are currently very few people who actually believe that 1 BTC = $1,000,000. Bitcoin owners have moderated their appetites.
And that's a good thing. People are enlightened and understand that their wishes are not true and that bitcoin cannot gain the price they want so quickly. People have become more knowledgeable about bitcoin, so there are a lot fewer of those naïve predictions we saw in 2017-2018. And even if they appear, people try to explain it as intelligently as possible, not just wishful thinking. Bitcoin is the world's ideal reserve currency. At present, the world is split and disunited. Individual countries will issue Central Bank Digital Currencies (CBDCs).
Yes, CBDC development is underway and it is unknown how the governments of the countries where these products will be launched will behave towards bitcoin. If these countries decide to go the way of China, we will definitely not soon see bitcoin at a million dollars. Because such bans will greatly slow down bitcoin adoption and hold back its growth. |
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I wanted to get acquainted with the site, but a rather strange link that leads to some folders, where-you have to choose another folder to get the site. And I can not go to it without registration. And I'm also suspicious of projects that borrow some of the names from popular projects, like Shiba inu. If I'm not mistaken, I've already seen about ten such tokens with the name inu at the end. What's the point of this copying? A new trend?
Checked coinmarketcap, the token only appeared on the radar on April 8, no data. So far, an extremely questionable project.
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Between mobile and a desktop wallet which one do you prefer the most and why? Again I think desktop wallets have more open source wallets than mobile, which desktop wallet is the best open-source wallet that you know of?
I would not use a mobile wallet, because it is not a safe solution to store your funds, especially if we are talking about an Android phone. At most, it's a mobile wallet for making some small crypto payments, and that no more funds come in. I choose a desktop wallet paired with a hardware wallet. In my opinion, this is the best solution in terms of management and security of your cryptocurrencies. |
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I was pleasantly surprised by the LUNA Foundation's bitcoin purchases . If the hype for bitcoin-backed algorithmic stablecoins starts, Bitcoin Treasuries Holdings could grow in earnest. NEAR is also rumored to want to release something similar. Stablecoin's capitalization has grown to 160 billion in the last 2 years. This is a very progressive market direction.
Also Bitcoin Treasuries Holdings can add to ETF fund stocks if the mass approval of spot ETFs begins.
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Full decentralization is more of a myth than a reality. Even decentralized services are essentially centralized, and they are subject to regulators, they block access to different jurisdictions. So what kind of decentralization can there be after that? The crypto industry is slowly coming to full centralization. More than 100 countries in the world have already adopted the necessary regulatory and tax laws to help the crypto industry. Now there is a trend to de-anonymize all transactions that exceed a certain limit. KYC and AML are everywhere, exchanges are cooperating with governments, Chainalysis has learned to track addresses and belonging to a certain geolocation and identity.
This is the future of the crypto industry, complete control and regulation.
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What I saw from the market is they are trying to overthrow one another from the top position. The total stable coin supply is $180 billion. Is it possible to merge all these coins into one universal crypto stablecoin so that users do not need to switch between these stable coins again and again?
So it's healthy competition. Different stabelcoins, supported by different blockchains, have their own commissions and their own collateral. It's just like real life. You wouldn't like it if you were offered to buy only one car on the planet, even if it had all the useful features that only you need. Competition and variety are important in the industry. In addition, all of these stabelcoins are built on different blockchains, which means you can't come up with one common project, simply because it can't function equally across different blockchains. |
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A little bit OT on the thread, but while Saylor teaches us never to spend our bitcoins, Jack Mallers is literally making us easier to spend our precious seats. Who’s the real bitcoiner?
If Michael Saylor says he will never spend bitcoins, or he won't even spend them in 100 years (or something like that), how is he going to profit from his huge investment? I somewhat don't understand the point of a company investing in an asset that they won't be able to spend or lock in a profit in their lifetime. You can buy all the time and all the time, but how is that going to help the company if they are not going to make a profit on their investment? Will they pass this function on to their descendants or does Sailor just not want to touch the subject of the fact that he will have to sell some bitcoins at some point and it could bring down the market? After all, everyone is used to reading that Sailor is only buy bitcoins. |
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Let's assume that in 10 years the price of bitcoin will reach $1,000,000. This is a very real price for such a well-known and popular deflationary asset.
Dreams of a million-dollar bitcoin have been going on for five years, since the famous controversy of the now-deceased McAfee. A million-dollar bitcoin is a reality if mass adopting happens. Will it happen in the next 10 years? There is a possibility, if of course bitcoin can solve the many problems it now faces. It is unclear how much more speculation in the industry about the harm of bitcoin mining, its speculative nature, high volatility, etc. Personally, I think in 10 years bitcoin could be worth $400,000. There are still too many unmined coins for a $million price. |
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My most important question: Which is better, staking or investing?
In terms of risk, it is safer to just invest. In terms of profitability, it is more interesting to send coins to stacking and earn additional new tokens if we are talking about profitable farming or interest from providing liquidity. If we're talking about altcoins, POS mining is much more efficient than just holding, but it's dangerous to send all your coins to stacking completely, so you should keep some of your coins in your wallet and send some to stacking pools to observe the risks. It's dangerous to send all of your funds to a steaking pool because of the various risks involved. |
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After a strong hype around Terra's UST algorithmic stablecoin, other projects are starting to think about launching their own algorithmic stablecoins. For example, NEAR, according to rumors, may soon launch its own USN stablecoin: https://twitter.com/resdegen/status/1512126024846303232Perhaps now begins the era of algorithmic stablecoins, which will be ubiquitous with large projects and they will be backed by cryptocurrency rather than dollars, as centralized stablecoins are. Do you think there will be a shift of interest in the crypto industry toward algorithmic stablecoins? Will it be a new hype? And will algorithmic stablecoins completely displace centralized, dollar-backed stablecoins? |
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Elon Musk has once again taken to using DOGE to promote his core business. Recently, a party was held to celebrate the opening of a new Tesla plant, somewhere in Texas. And of course Musk didn't miss the opportunity to integrate DOGE there. A video of the presentation can be seen on YouTube at https://www.youtube.com/watch?v=Ka5kJriXI9Q. Remarkably, the price of DOGE had almost no reaction to this mention. |
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It will be interesting to see this airdrop, I hope it won't turn out like the recent expected airdrop, when the party was ruined by bots. Considering the fact that MetaMask is a very popular wallet and many people used it at different times, in order to make this airdrop good, the creators should either choose a very early period of wallet usage to generously reward early users or the airdrop will be very large (because of its popularity) and the airdrop will be very scarce. You can not hope for Uniswap airdrop, it is unlikely that this airdrop will be more than $50 in their tokens.
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There is a great confidence that 80% of these avatars will turn into absolutely illiquid tokens after the hype and no one will need them. That's when they can be bought at a good price, if someone wants to spend money on it of course. I see that already some people are trying to sell their avatars for 1 ETH. I like this industry.  The real market price of all these pictures is $1 maximum, the rest is the ambition of the person selling these tokens. In any case, I don't recommend anyone to give 1 ETH for it. |
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there is no hope, all shitcoins are dumped when the price of bitcoin is also dumped,
on binance, shitcoins are slowly being delisted from the exchange, there have been lots of them,
and of course that makes us anxious when holding coins on binance, especially now old projects become a shitcoin.
I can imagine the turmoil that investors in various NFT tokens, GameFi, memcoins, and fan tokens have experienced. This is a special category of shitty coins that will fall with any market turmoil. I've been watching this group of tokens for the past six months and noticed that they were most preferred by various newbies who didn't know where to put their $500-1000. Most of them probably sold their crappy investments at a loss. Hopefully this will be a good lesson for them and they'll start to have a better attitude about what projects are worth investing their money in. |
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For now, altcoins are following bitcoin, its dominance is gradually falling as investors see more prospects in the altcoin zone. I see that many altcoins started to come out of accumulation zones, which have been stretched since the end of last year and are already ready for a full-blown bull run. Everyone in the market is waiting for a full-fledged altcoin season. In any case, over the last 30 days, altcoins started to bring good profits.
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Went to the website and it says that if I invest $1000 in Y360 tokens, I will have $607 941,2260 in one year.  If this is true then you will be a millionaire in one year. I though this only comes into our dreams but it is already a reality . Nahh kinda sarcastic on that part because I know that this is a scam. I think this is the new way to attract new investors already. In the past its a commission based system where one person must invite to invest into their project so you will be paid. Now the new way to scam new investors is thru this ridiculous APY that sound like shit and impossible. If you see this kind of projects, ask this question to yourself "Where they will get that huge money to pay to us investors?" or ask them directly where they will get the money. I feel sorry for those investors who fell into this kind of projects hoping that these projects will change their life. If I will invest into tokens that give APY, I'd rather buy the top tokens than buying these shitcoins. Lower reward yes but the risk is low as well. In fact, this is no longer a new way to attract naive investors. Such schemes worked well back in 2020, when there would be a DeFi boom and many liquidity pools would appear. The competition was very high and all sorts of dubious projects tried to lure liquidity by means of exorbitant APYs, which of course no one paid, because such projects must have trillions of trades on their platforms for them to pay such insane percentages. This site needs to raise money by any means necessary and so they show you what people want to see most often, big profits for minimal investment. This scam will thrive for a long time to come, as human greed stupidity and naivety has no limits. |
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Real x100 coins no one will ever reveal until they need to be heavily propagated. People think bloggers help make money, when in fact they are trying to make money off their audience.
early investors prefer keep their own gem till finally alot people talk about it. for them its secret project that ,must accumulated till their bag full and shill it later. Seed investors are the most profitable investors. They invest in a project when no one else knows about it. Of course, the more the project is unknown to the general public, the more profits can be made. People think that when they hear about a project from public places with a wide audience, it's a great chance to invest. But in reality, such moves are only necessary to gather liquidity for early investors. No one is going to care about the profits of these late investors who came at the call of the influencer. These people are the market cannon fodder that the early investors' or team members' coin sales come at the expense of. That is, if we see a public call to invest in a project, this means that the project has already worked off its growth and is now actively looking for those at whose expense profits will be extracted. |
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When one is young, one rarely thinks about such things as financial well-being. As a rule, young people want to spend their youth in carelessness, entertainment and not to think about anything. I do not want to work, I want to have more fun, and many people have no particular desire to learn financial literacy, the money is always spent on all sorts of entertainment, beautiful things and so on.
Indeed. It seems like being youth is permanent and we're just living to make ourselves happy. We do not care of other things and not thinking ahead about the future. Its a typical mindset of the youth because they dont experience yet the real hardship in life. But as we grow old and facing the reality, thats how people became mature especially if we already experience the real situation that we must face. Probably the pandemic that happened gave people a lesson about the importance of having a savings. In my case a reliable insurance for our family will serves as our retirement plan incase we're not able to work anymore. Thats why we made sure to get ourselves an insurance. Its a must to plan for the future since we're not getting any younger. Another good catalyst to quickly start taking an interest in your financial future, including additional income, which can be represented by the same cryptocurrency, is the obligations you have. When you have a family, children, some business, your mindset is rearranged, and now your primary concern is not entertainment, but earning money to provide for your family, children, or to support your business. In such a situation people become interested in investments, exchanges and other financial instruments, which can be used to make money. And this is just a good chance to get to know bitcoin and start investing for your future and the future of your children. |
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