The problem we can do is continue to do research and make ourselves more professional in choosing or investing in a token, studying market movements and waiting for the right time we can get good results, because we will never know how the coin will go up or down .
Technical analysis is needed when you trade, but Hype can change the situation when the market is bearish new projects come with a large number of communities, there are many Gamefi platforms today, they even increase the interest of gamers to go to the crypto space because they can earn profit without having to be an expert in trading |
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After performing an extensive “DYOR” on cryptocurrencies, it turns out that there are different avenues to make profit or gains within the crypto space. Based on your expertise, which avenues works the most gains for you and why?
Hodl is my choice but I don't see that list there, I choose Farming and staking because I have less time to trade like scalping. Patience and experience are required when choosing coins, because if we choose the wrong coin, then it can cost us, choosing a top altcoin for farming or with a high APR is a good choice, because at the moment I do both and get profit. |
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A few weeks ago, one of my friends is buying ETH from me via P2P at his house. Our transaction was completed as usual. However, days later it’s where ETH had skyrocketed from $2k to $3k+, and I had nothing but regrets. If I didn’t sell my ETH back then, I could have gained some more lol.
Last night, he reached out to me again to buy ETH for his second Axie team, but this time I said no.
Because of Ethereum London hard fork, I am so bullish about it and I feel that it may go even further before the end of this year. So I am holding my dear ETH as it is my major holdings. This is just my feeling, so I ain’t gonna sell my ETH until further notice.
However, I did advice him to try Binance P2P or other trusted and reputable P2P providers out there.
all crypto coins have fluctuating prices except stable coins which have prices based on Fiat pairs, btw I will not regret the assets that have been sold if at that time I needed money for other purposes, but unlike you, it looks like your friend is lucky to buy ETH because of the price ETH rose above $3k. other times you can sell the ETH you own with a selling target as you wish, for example $5k for 1 ETH and the order will be sold if someone buys it on the exchange |
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Hello Guys,
Trx, Zil and SXP, I am wondering between these 3 coins. Trx can x10 go 1$ like ADA?
Thanks for advice.
Tron as we know it has low transaction fees, only time will tell if Tron will reach $2 like the current ADA price, we can only wait, If you want 10x profit like ADA, you can follow launchpad on Binance exchange or choose altcoins with low marketcap under $1m usd, I have several portfolios for long term, I invest in AVAX and SOLANA, though the 2 coins have achieved high ROI, but I believe the price can still go up and reach $100. |
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Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?
What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?
I think it's safe if you believe in your choice, I have a beverage business and due to lack of visitors during the covid19 outbreak, I decided to invest in crypto, there are many options but when you only have 2 options, which is to stay in lockdown and not make money, then investing in crypto is my choice, why I choose it, because crypto prices fluctuate and choose short term investments to get a profit of at least 2% when trading. all forms of investment are risky, but if you choose platforms and coins that have a large market cap then there is nothing to worry about. DYOR |
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
Above is a bit of data from dead coins, nothing you can do if the developer of that coin leaves the project and the coin is not listed on the CEX exchange, because every altcoin is created for a purpose and if the developer leaves the project after the ICO, then it is a scam and thing it's usually done because the team wants to take advantage of investors, for example Cibus and Nauticus are dead coins left by developers |
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I have read the news that NFT Sales Slump by 90% sales this month, Over these previous months it's been declining, Is this a sign that it's already dying? or it's just a method to gain and become durable and scalable for the long term? What do you think?
Gamefi, I think the current trend is NFT that can be used for Games, I don't see a big decline in NFT, because currently gaming platforms are trying to take advantage of the Hype situation of NFT to make game characters and users can play Games by collecting NFT that has been provided by platforms like Axie, as I know recently visa bought CryptoPunk NFT for $150,000 and many other collectors are buying NFT but we can't track it https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/visa-buys-cryptopunk-nft-150-113605249.html |
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All eyes are on the BNB due to the increase in Ethereum's gas fee. Thinking about the beginning, it can be understood that the BNB's gas free is increasing day by day. Although I don't know the exact reason behind it, the curiosity is there.
https://bscscan.com/chart/gaspriceIf you look at the gas chart on the BSC network at the link above you will say that the current fee is lower than before, if you do a token swap transaction there will be 136 transactions when you see the confirmation on that network, you only need a fee of no more than 0.001 BNB , some Dex exchanges on the BSC network have high gas fees but they are not as expensive as when you trade on ethereum networks like uniswap |
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snip
I also saw some of those tokens in my wallet, but I left them there and didn't make any transactions with them. If you are worried about your wallet being hacked then you can transfer the contents of your wallet to another wallet, make sure you don't plan to sell and sign the token when you want to sell it on the dex exchange, because the transaction will surely fail and you will see a Contract Overview - Fake_Phishing when you make a transaction |
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I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
You can staking on Binance, Atomic wallet or MEW, there are many options but if you are looking for high APR then it is difficult for you to get, because on average staking gives you 10% and I think that's good. Btw, you can stake other coins on the Binance exchange, earn passive income and increase your portfolio for long term profits. DYOR |
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I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?
Many collectors collect cards like that because they have a long-term goal, maybe some people will be surprised by the price, but for collectors who like art, they will collect it and in my opinion art is highly valued so that regardless of the price the card or painting will have a high selling value. recently Visa also invested in NFT by buying cryptopunk cards, I think they have a purpose, because some people have cards for fun purposes, like groups that have NFT to get access to a place. if I can buy then I will also buy NFT which can be used like a game and I'm sure one day the price will go up 100x |
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
https://www.tradingview.com/scripts/btc/you can choose technical indicators according to your wishes, because crypto prices fluctuate I usually use the Moving Average (MA) and SMA-200 as Support Resistance, you can search for them on google and make sure you have plenty of time to see what coins you want to analyze. |
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I've seen several times that every altcoins doubles the price in a single day which means every coin or token has its opportunity to boom. IF BTC price does down they drop but suddenly they skyrocket by the next day itself, it's pretty hard to judge which coin might pump for the next day. Is there any specific website which might help me to identify? Kindly share your thoughts.
No website can identify such price increases, but i see this list in cmc https://coinmarketcap.com/price-estimates/if you have a list of coins like that, you can post them here, because there are many coins whose prices go up until when the BTC price goes down we can see in cmc but we don't know for sure why the price of altcoins is increasing, what can increase the price of altcoins is their product and the number of members community. |
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In 2020 I only made $400 from bounties CTSI because at that time I immediately sold tokens for business purposes and for this year I received $900 from bounties and airdrops, there are many many airdrops in 2021 such as safepal, project fund from solana and many more, to earn bounty income, I need to be online for more than 6 hours outside the forum and trade to get bigger profits, currently the bounty signature allocation is decreasing for ranks below Full member, but I'm sure there are still many BM that provide opportunities for members with lower ranks
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I have felt this week with lots of hope as the entire cryptocurrency market is on a bullish look and ethereum doing a 5% rise in the late hour of yesterday and at the moment selling for $3,254 which
Is still and good price with many expecting next next altcoin season. what are your recommended altcoins or defi token to invest in for quick profits at the moment.
https://coinmarketcap.com/gainers-losers/I used the information from the link above to see the potential altcoins for the next week but for new altcoins that have not been listed on the list it will be difficult to find and usually I use Twitter social media to find the latest information from altcoins that will have good prices for the next week. Hype will pump up the price of the altcoins and as we can see when the price of Bitcoin goes up all the altcoins also go up. |
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In the future maybe we will see Bitcoin accepted by many countries as in this list https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territorybut as we know, Bitcoin can only be used as an investment asset in some other countries, there are countries that make coins stable like reminbi and several other countries are doing research on accepting Bitcoin for payments, I support all regulations regarding payment transaction systems, but we need a little patience to see BTC can be used for payments because many countries are still worried about volatility price of BTC. |
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I like the loan feature on the DeFi platform, currently the DeFi platform also accepts NFT as loan collateral. I like this feature, like banking in general, we no longer need to go to the bank office with documents such as land certificates, houses and cars for loans, but everything takes time and we will see the banking system is no longer used and users will love the features it has to offer
by DeFi
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I have 2 NFT game characters, and currently in Demo version but in the next 3 weeks the game will be released, this project has a NFT trading platform, so I bought it and yes, it seems when the number of demand is increasing and the number of game characters is limited then the price will go up, it's like trading in general, but NFT has value good artistic and digital art.
Etna.network have a great idea for #P2E games and I'm planning to do some more research on a new project that has a gaming platform.
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Tron is very old coin, still belongs to top coin in crypto field. It is heavily used to reduce transaction fee and also for fast transactions.
It has many similar qualities that doge or ada has. Even i think it has everything to Achieve success like others do but it still low by its cost.
So what do you think about this coin. It could have better future like doge, ada? Or it will be disappeared with the flow of time?
The question is, when will Tron have prices like ADA and Doge, right? Now you can see how long it took Doge and ADA to achieve all that, ADA and Doge have a great community and partners, I never imagined the price of Dogecoin as it is today, but in fact the Dogecoin community became a true Hodler, they are patiently waiting for that moment , when Elon endorsed this coin through his tweets, new investors started coming in and the price went up, so what about Tron? only time will tell and I'm sure the new ATH will be achieved |
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