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Still there are so-called whales, OP. They could be anyone and anywhere around the globe and no one knows who are they that's why they're being reported with the lines of "unknown trader", "whale", etc. We might have good adoption from these popular companies, but I am not surprised if they decided to pull out crypto payments into their company. Like Steam no longer accepting payment back in 2017 due to higher fees. |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
Seeing you're new, you should wait a little bit for BTC to again drop a bit more. Last ATH was around 57k/BTC and be the judge if from that price to the current price we got right now is worth the spend which is 47k. Don't go too far into farther rankings in the altcoin part in CMC. Don't focus too much on newer projects since you're still beginning to invest. |
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What is when I wonder the most? What will come out after crypto coins or blockchain technology? It was said that Mr. Satoshi was working on a project. Maybe who knows something new?
Satoshi working on a project? Could you quote your source/s from where did you get that, OP? Quite curious on what's ahead of us in Bitcoin right now, but I doubt that you're telling the truth. There are gazillions of new project in the market right now, but most of them are crap. Just because they're new doesn't mean that they're for longer term. They're what you call pump and dump projects. Edit: I see. |
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I had used USDT long time ago a bit, but good thing I just held it for a short amount of time because now I heard that there are stablecoins being frozen even in their own wallet. Right below you OP, there's a reply of Jawhead999 and it pretty much sums up what stablecoins you need to use. I think I'll follow with DAI now. |
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From what I've read, Bitcoin now charges high transaction fee and long transaction wait time so it can't presently be used: a) for a conversion from Bitcoin to cash? or b) purchases using Bitcoin?  Well there are some apps that provided me the convenience for those. I can convert mine easily to cash. Purchasing using Bitcoin isn't that much of a problem because I can't pretty much just do the conversion then pay through the converted amount. If you reside in PH, you can use Coins.ph app. |
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I am assuming aside from those three you mentioned that Bitcoin is global as well. Many investors around the world could be throwing their money at and many could be dumping as well that's why the price is like a hell of rollercoaster ride. This is being affected from factors like hype from media's headlines to it. I guess it would somehow relate to the third point you mentioned though. |
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My thoughts on the psychological effect? Well from celebrities' influences as well were quite effective into putting some people to invest to the specific crypto to this through making memes, it is quite devastating actually. But regardless if it is positive concept that they try to imply or not, let them be. They'll be laughing while we're earning. |
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Currently thinking the same. Not sure if he pertains someone else's research though but I believe the OP is easily driven by the hype of the market that's why he can't depend on his own research/instinct. |
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Well you might be off to a bit of wait before you do more in investing. 3 years is a bit of a long-time for me, OP. You could miss out a bit in the market. I had the same exit experience as you in day trading but I still kept my eye on the prices, but since I have my own money in my pocket. I can still manage to decide if I should buy now. In my experiences right now from hodling, I am not exiting. |
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When it comes to hype and positive sentiment then it would really be depending on your if you do decide up to jump in with the hype or would wait for some time before some reaction or shall we say some price action that you are waiting for.You can also learn while you do follow someone too but doesn't mean that you would heavily relying into those events and would be completely forgotten even going with the basics of investing or trading.Always bare in mind that not all news or events will give out significant impact.So its up to you on how you do deal with it. Didn't expect a reply but yeah gonna agree with that. I usually just live my own business though I am sure that I am still affected to how majority will react to some certain hype because for sure it will cause a lot of demands in the market and many would buy. I don't follow any crypto celebrity at all. |
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We don't know but we shouldn't care at them that much as well just like how celebrities drive these investors to invest to some coin. Anytime these big firms you're mentioning would liquidate crypto anyway so why care about these. It's like asking if Bitcoin is for short-term or long-term investment because you mentioned "pump and dump". We all know the answer since 2009. |
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Seems like a moon climb from his last post.
He just posted in his twitter a photo of Dogecoin to the moon. It seems like these kinds of influencers really have that influence for the investor to throw their money to what the celebrity just said.
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I never stumbled upon a "bounty hunting" thread like this, like almost 99% of the thread I see related to bounty hunting were all about complaints, justices and craps. I guess I envy your earnings from bounty hunting, OP. I am not a bounty hunter, but sharing insight for your fellow bounty hunters on how you can avoid such crappy projects would help some. |
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Ditch searching about the team, project, the history and all the Bs that they might not even be able to do. Vision won't help. Roadmap won't help if in phase 1, it is already roadblocked. Put yourself as a client as if you're buying their products/services. It's all about the market and you being as the consumer. |
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Good thing I never had a bad experience yet from my bad habits back then. I still have some BTC in my web wallet but I still hodl some in a separate wallet that is just purely intended of hodl purposes. My web wallet is particularly for side purposes or quick service to use my Bitcoin at because I am aware the risks in holding in custodial wallets. heh. |
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What would you need to know to learn Bitcoin better? Depends. What do you really want to know about Bitcoin? Technical stuffs? Mining? Trading? Since you're aiming to learn how to get to your 1 BTC, you'll probably go for trading OP. Mining requires a lot of investment for rig. I am not that familiar with the technical part of mining but I know it uses your graphics card but it should help you get to your 1 BTC goal, OP.
Check YOSHIE's reply below your OP. It has compilations of it. |
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Depends on your location, but if I was to accept one. What would I do after receiving crypto? Convert them to my local currency specifically PHP in my country. Now about the gas fees and stuff? Well there are 3rd party apps that helps me do that without waiting too much like Coins.ph. If you reside in the Philippines, you should know this app. Going from BTC to USDT is indeed rough. I would just consider doing that in day trading. |
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It is simply the law of supply and demand, OP. The volatility is could be because Bitcoin is global, well almost due to bans imposed by some country. Media, influencers, etc indirectly affects the price that pushes investors to either dump or buy. |
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Well they're all hardware wallets, but since you mentioned that those devices you mentioned are infected with viruses, you're better off doing clean install with your laptop. Though it's not a malware, I would still do it for security. Or use live os. In your smartphone, not sure if you're using Android or Apple device but I would consider either factory reset or reflashing stock rom. |
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Hidden gem? They're quite rare now these days so I can't count any. One is likely just from pump and dump. Hypes.Celebrities. I don't believe that much in newer projects even if we're suppose to find more opportunities out there to invest. |
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