The simplest reason for me is because Bitcoin is still the most trusted and valuable cryptocurrency. I am still holding and still jeeping them to incrwase. I still have belief that Bitcoin price will keep increasing, moreover December may be the time althiguh ut is litle bit difficult. We also have seen the hystory of Bitcoin and the cycle of BTC itself. No matter if this price drops because there is still another chance to keep rising up.
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I didn't buy many coins, only some TVK. well, because this was a hard drop market. My money is stucked in coins that I am still holding so that I cannot trade more. So sad because actually I really want to buy more coinals during the dip, it's like a discount, isn't it? But no problem, let's enjoy what we have right now.
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Is it really necessary to take a course before getting into trading?
It's not about the course but yes learning basic skills are mandatory which is also a key factor for trading. No work can be done if you are not having sufficient basic knowledge. It would be as same as you have bought a new car but don't know how to drive it, but yet if you try to drive it you may have to face great damage and loss of your vehicle. The same goes for trading. If you haven't acquired the basic knowledge of trading you might have to face a great loss and disappointment. Also start with a little investment, as it may reduce the chances of loss. Yes I agree, learning about crypto and trading basically are the basic things before we enter to trading crypto industry. And we can learn it from many source. Not always to take a course. But if we are going to take a course in trusted course of course, it will be also helpful moreover if we are from basic enough. But we must also set our mind about trading, that is trading will not always give or earn us money, it will also give us risks that we must face and also we try to avoid even this may be very difficult.
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Being rich is not based on pushing yourself so hard. But doing whatever we can do carefully, wisely, and also smartly. We know how the crypto world is going on and also cycle. We can prepare for the even bearish and also bullish era. If we can get or earn much money from profits, we can save them to increase our wealth but vice versa. In case, we cannot only lay our wealth on the hard push. I will prefer to make and lay on how my strategy to face every market condition in order to survive, not being panic an also hype often.
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Are they good? Are they bad? Are they worth it?
If this is about airdrops right now, I will say: - It is few airdrops that are worthy and also legit. - Most of them are shits, scams, and also not-legit airdrops. Moreover many of new airdrops are only used to promote new shit projects by offering some few tokens as the rewards. We can see so many airdrop programs moreover in telegram channels. But one more, be careful and selective to choose or join airdrops. Never continue if they ask you to send any money or coins into their wallet in order to claim the reward and others. Moreover, they commonly will ask for KYC, be careful and I will prefer not to do YC for airdrops only. Only few airdrop that is from promising new good project or existing project that will worth the rewards.
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I use Binance, Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?
You can try FTX. I often use this exchange just to look for low ETH transaction fees, and the fees also usually match the gas at the time. I also think that FTX is the most reachable exchange that provides low fee and also low minimum withdrawal. I tried Binance and Kucoin but they still have higher fee. And we are likely having big problem always if related to the fee transfer of Ethereum and also ERC20 tokens. Moreover, we must also leave some gwei in the wallet if we are going to transfer the token. Well, it is again, additional problem in which we must spare more to the gwei. Actually right now the fee is quite low after the price of all cryptos are also dropped, it is about 66 gwei and of course it will be again changing by seconds
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I am sure that your friend is interested in Bitcoin because of the hype or even because of the very big news about the price of Bitcoin itself. Yes, I also have some friends that are interested in crypto because of the pmp price of Bitcoin and Doge at that time. But at first, I only tell them about the basic of crypto and also Bitcoin especially. And they will also commonly ask about the regulation, just tell the regulation i your country and also globally. then, you may also tell about the price that commonly will give you profits but also risks that will be faced someday.
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I want to share with you one of the hidden gems that I found. Ethernity CLOUD - https://ethernity.cloud/The Public Sale is happening soon, and they are getting a lot of media coverage, both written and on youtube. What are your thoughts on this? What are your hidden gems? What makes this as a hidden gem? Is its really a hidden gem? And about publics sale itself, what is the next target of listing for the early listings? If this will be listed on top exchanges, I may believe that it is hidden gem. Moreover if this is with the real use case. And I think that I still need more reasons why should consider this as a hidden gem. I don't know what my hidden gems because so far, market is very unpredictable, I ma still holding my top coins only.
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Simply, it is about: 1. Privacy If we offer our data in KYC, it means that we give our privacy to the person who we don't really know and if we love about privacy, it means that we are forced to open our privacy 2. Security of the data itself We don't know whether it is secure enough or not, moreover we don't know them and we cannot trust anybody here 100%. And will they guarantee that our data is save? 3. Complicated ways Some steps are commonly needed to do KYC process until approved
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I have accumulated some top coins that are still not increasing yet such as LTC, EOS, TRX, and also XLM. They are only increasing very few. But I am not early sure that they will be increasing in December, maybe the next early year. For this month, maybe some coins like QTUM and also Sand will be my choices. And for the next plan, I think I ma also going to pick some Metaverse coins.
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In my opinion, it is actually a good step at least to introduce about Bitcoin. And for those who think that it is too difficult for children, don't worry. I am sure that the writer and also the publisher of the books have concerned about how to package and introduce about Bitcoin in very easy ways and also explanations. Moreover that is a book for children They also pack the book nicely with some pictures. of course, it will be understood by children more easily.
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I personally like staking features once I can invest and also get APY at once. But there are some things that I must pay attention before staking. 1. Platform must be reputable and trusted 2. APY or rewards are worthy enough 3. I have the coins to stake I am doing it in some platforms moreover during bearish or market correction era. But of course, pay attention also on how the market atvthat time and consider whether worthier for staking or trading at that time.
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Sharing mean we are giving something to them. We guve something to others by sharing. What's matter of this two terms? I personally will not make any problems of these two. I will orefer to concer in what information and source that we can give or share. And if we took it from someone, we must include quote or link of the source. Every information is precious here in the forum
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So far, if there is a new hype coin, there will be followed by many more scammers with similar concepts of the altcoins itself. We are likely to see how memecoins are very booming and many scammers there after the big pump of Doge coin and also Shiba Inu. And this also happens in every hype or pump altcoins. Like DeFi project, gaming, NFT and maybe next is Metaverse.
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Spot trading is very common to most traders as it was not hard to understand and is less risky. Aside from knowing TA, it matters most in choosing the right coins for trade. We can make money in trading but that also depends on us and we always remember that is not because the others are making a huge profit in trading it will also happen to us. No, we could just think that they work it hard before it achieves and if we do, that gonna be possible.
Yes, although spot trading is sometimes still difficult to do and it still has risk, but at keast the risk ia not as high as margin or future trading. We can still hold coins in Spot market. Beside TA, Fundamental of the project is also important in order to minimoze the risk of being dead coins We must be smarter enough to choose which coins to trade in Spot. Well, just keep learning even by doing always
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What kind of potential do you want? The price rate or the network or Ethereum utself? Actualy bkwadays, there are some coins that have bug potential. But Ethereum seems stilll to be the top one. There are BNB or Binance chain, Solana, Polkadot, and Matic are the newests. They have actually lower fees faster transactions, and also safer. But once more, Ethereum is the king of altcoins. It seems to be difficult to beat Ethereum
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Each government has different jurisdiction and government protect against fraud which is the bank was under by the government and banks are regulated by the government, they should always obey the government's law and regulation either. There's no way to challenge the government, it is understood that you should obey once you are a citizen but if not, you can move into other countries that never care about people, which is very common to have crimes every day because there is no government that has protected people.
Exactly banks have complex regulations not only under the governement of a country but also under the world banks. And world bank really has a big power to do many things. Fiat banks are centralized systems. And they will also not let decentralized bank systems to defeat. We have seen in many countries where cryptocurrency and also decentralized finances are against the government because they cannot control them. Yes, that is why the government will still maintain fiat banks whatever happen because they can regulate and control the banks. And moreover right now there is issue of Cbdc that can make a country have more interests
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Why I found some scam accussation? Well, you may say about the honest review. But in fact it is not like that. And you must pay attention again what kind of criteria to be used as an honest review? Reviewed based on people experiences? Or based on your own thought or opinion? If that is about your own opinion, it can be a subjective, not objective reviews. And if it also ysed questionaires, you should also know who are the respondents, whether they really know or not.
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Hello, Which one is more cheap for the swapping? The Binance Coin or USDT?
Swapping token? If that is about swapping, I will prefer to use BNB. Because yeah, tje fee is lower when you are going to transfer it also to another wallet to exchange. Additionally, the BNB can be also commonly the fee to be used as gas fee trasaction when going to trasnfer it. Btw, when going to swap token, ensure that yoi have some BNB as a fee.
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