Latest posts of: Alohadanc3

Yes you are right. Earning money is not easy. Atleast some people portray as it is. You have to gain some knowledge about what you are doing. It's same on crypto space too. If some projects promise that they give some easy money then most of the time it's fake. But yes sometimes some good projects airdrop free and good coins but that's very rare. And if you are following some crypto group who are saying that they give best signals they most of the time it's nothing but pump and dupm. And you gonna lose your money. Better you gain some knowledge about where you are investing whatever it is time or money. Then maybe you can earn some money and that's by your own.

I think both of them are highly trustworthy. Ethereum is the one of the oldest, and most used platform based token. Ethereum has a great big community and maybe the most 3rd party devlopers. And it has a very big marketcap and almost all exchanges listed ethereum. In other hand binance is the most trusted cex in the market. And BNB is native coin of that. But now BNB is not just an exchange coin. Now it has its own chan and also a Dex. So BNB is pretty popular. But it's hard for BNB to cross eth marketcap atlest at this time. But both are the very trustworthy for investment.

Yes in this market there are lots of exchanges available. But not all of them are trustworthy. Very few of them are legit. I have bad experience on a exchange called cat.ex. mostly these type of exchange do a lots of shady works. And fake volume is the main thing. Almost all these shady exchanges do a lots of thing like bad quality ieos, high withdraw fees and all. So beware of these exchanges and don't use them. And if you have to use them then I would say be careful. That's it.

Mostly those who are new come to this market with a attitude they they want to rich fast. That's why most of them don't have any interest in gaining knowledge or watching the market what they want is just profit. That's why they started to invest in wrong places. For a result most of the time they end up in loss or even scam. That's why those who are new always try to stick with hight marketcap or high ranked coins. And at the mean time try to understand the market. That's it.

Yes. Absolutely. I didn't find any reason not to trust usdt. In the market there are a lots of stable coin available. But usdt is the most used stable coin among all of them.it has a huge market cap cause most of the people use it,most of the exchanges use it as a main stable coin. Ibknow there is many did about usdt going on. More than that people still trust this coin that is why they are using it. And I had no bad experience with usdt. So it's always okay for me to use usdtm but if you think usdt is not trusted then you can go with other altcoins. Cause in the market there are lots of alternative available.

Yes 2017 was really god year for crypto market. Bitcoin price hiked a lot and touched the highest point. But it's not only about bitcoin. Many coins like ethereum,xrp, neo also touched their highest value. Many people who hold crypto atleast high cap coins make huge amount of profits. After that we saw a very bad market conditions. And after so long time in 2020 we saw a good green market now. We saw some incredible growth on many mid cap coins. People make lots of profit this year too. But stpill 2017 will be the golden time of all time.

Maybe later some time or maybe not. But it will be a hard challange for that coin to cross ethereum. At this point of time it's very hard to cross ethereum. Cause ethereum holds one of the biggest marketcap after bitcoin. And the size is really big. And not only the marketcap. Ethereum also has a big community and devlover support fron 1st party 3rd party both. All total the ecosystem of ethereum is really big. And there are lots of platform based token available and technically some of them are better that ethereum but still it's hard to take over ethereum that easily.

I don't know how you calculate those numbers or which factors you take. But a successful project should always active on atleast one platfrom where they can directly talk to the investors or followers. I have invested and hold many projects and most recently them have an active twitter group or a telegram handle. But at this point of time most of the project has a active telegram group. It will be foolness if you invest in a project only because of that project has a active telegram group or not. Better check the project and see if it has potential or not then invest. And I never hard of xfinance so it's upto you.

I don't think so. At this point of time many people are holding alts for long time. Cause now in the market many projects come which are really good and worth holding for a long time. And in last few months they get their rewards who hold for long time. But that's true most of the people hold in btc ,eth or in big coins. Cause risk factors in this coins are very less. Atleast lesser than other altcoins. Cause this coin have great volume and big marketcap so volatility is very low. That's it.

Yes in my opinion whitepaper is a very important thing for a new projects. And if it's not good enough to belive in it I would not suggest you to invest in that project. Cause this whole market is full of scams. And in most of the cases th scams are like low efforts. So those which are looking low efforts projects they don't put a lots of time in white paper. And other one kind those try to convince that they belive in works not in paperworks. But for me I belive that those who really think about their projects in long term they will publish a whitepaper which will be described properly.

In this crypto space there are lots of scams and fake projects. And most of the time they targated the newcomers of this space. Cause most popular of the newcomers don't try to gain knowledge they used to believe in that this market is full of profits. But that is very wrong. That's we they try to invest fast and in most of the cases they end up being bin scams or in loss. So be careful don't put your money anywhere. First watch the market gain some knowledge about this space then go for investment. That's the only option you can save from fraud or scams.

I don't think that. I know many Dex are now in popular side. But in my opinion it's a hype. In late 2018 or early 2019 we started to see a Dex hype too. Many big exchanges or groups started to announced or delivered their own Dex. But most of them are not working now or have very less volume than good cex. And then people started to use cex more. At this moment also people are using cex more. But dexs also have good growth. But it's hard to say that it will be forever. I also like to use Dex but there are many problems like low volume and liquidity,hard to use, sometime slow. Thats it.

I think at this moment market is pretty okay. Most of the token already in good price or in profits. So investing more money is not a right option, but if you know where or which coin to invest for make profit then you can go for new coins. Now if we talk about your portfolio you mainly invested in highcap coins. Which have low risk factors. But always stay in mind whatever you invest put your 50-60% asset in bitcoin. Then go for risky coins. But ethereum and litecoin are also highcap coins. So you can invest 25%on both. Andbif you have knowledge you can try mid or small caps coins too but those coins are risky.

No doubt ripple is Avery good coin. Many people like it. They have served many project update they promised m they have a good team and many investors and most of them are into banking sectors. And for many these is a problem. Cause ripple is not fully decentralised in this matter they are backed by many banks and money makings funds and and some how a part of it depends on them. This is why people in this community don't like ripple very much. But the idea of ripple and the future is very bright. So if you like it you can hold it.

Yep this is a very popular discussion in crypto space. There are lots of investment techniques people follow. And among all of them most used are the holding. And most of the people in this market hold coins for a long time. Other than that there are people who like to trade. Some of them just do few trades when they see potential. But some of them who are called day trader who trade in daily basis. Mostly these kind of people are highly knowledgeable in trading sector. For me I am a holder most of the time. Very few times I do some trade but that's very rare.

Already many people are into crypto and in this pandemic period more people added to the list. But still the whole crypto currency thing is very new to mass. And when the mass will adopt the crypto then the market cap will grow more. But the problem is the process to adapting crypto is hard. And you have to learn many things to understand it and many people who are into the market is taking crypto as asset option not daily use basic. But many big companies are entering the market and they tried to make things easy they do a lots op promotion to make this process easy. That's it.

Yes. Social media is a part of our life in allmost every case. In crypto the rule is almost same. If a coin is want to grow a big community it has to be active on their social media channels. It helps to creat the communication between the team and the investors of the coin. And that's very important. And many of the bounty hunters do the sme mistake they don't join the announcement channel or official page. So they do miss a lots of news and many of them are very important like token swap or listing. So it's very important to always join social media Handel's .

Yes you are right. At this moment most of the exchanges have their own native token. And most of those token only use in exchanges. So if a exchange shut down the token has no value. But now a day many exchanges launch thei own chain to support the token. Like binance ,it has now a platform and a platform supported Dex so if binance have any trouble the coin maybe can live. Cause it will use in the platform. So yeah exchanges more often promote thei native token and introduce it to other fields. That's it.