I almost do not believe in projects that provide APY up to thousands of percent, it really looks like a scam or it won't last more than a few months. this really brings too much risk, I would never staking such projects.
Should choose projects with a reasonable percentage and those that have been recognized as safe to invest and stake. Along with that, choosing a platform to stake is also extremely important, we should only stake reputable, leading platforms.
That is because they are 99% scams and 1% will fail, that is why. Any project that offers thousands of percent APY returns cannot sustain that and will either go down to a realistic level or they will be gone. Look at Pancakeswap, they provide something realistic for the good ones, but look at the small cap stuff there, they are offering high levels but their prices always keep on crashing lower and lower and can't be sustained and never stay high. This is why if you see a project that offers anything high, you should stay away from it. Things like 20-30% is not really impossible in crypto, that could be done, and things that are 10% or under are usually decent. |
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Hm honestly the page you linked doesn't give much information. There are some obscure ratings and lots of empty entries. Just browsing through CMC gives you more data probably.
Looking at defillama.com data, Solana is consolidating right now. They had a massive growth last year and now need to re-orient a bit.
Terra is still moving upwards, but this seems mostly driven by their LUNA/UST swapping mechanism which increases scarcity on LUNA when UST is created. The question is, whether this system is sustainable in the long run or whether dangerous situation can arise where at some point a downwards spiral can be created where UST is destroyed for new LUNA and those are sold at the market for new UST.
Its ideas, its opinions and nothing more. If you love one over the other then you should pick that one. The main idea is that they are not really that much different from each other and that's true. There is no clear indication of which one is better and bigger, you just need to make sure that you know what you are getting into. You could very well not invest in either, I am not for example because I used to own SOL and sold it after it turned out to be a centralized project, and never cared for Terra. However, if you are thorn between these two, check them both out and you will see that they are basically the same thing and do not have too much difference. |
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Forex and Crypto trading are the same instrument, they only prioritize investments to generate profits based on trading activities, in general, maybe everyone knows Forex is based on trading in foreign currencies and while crypto trading is based on certain types of crypto that are on the exchange.
There are two things you can do in trading, if you want to do it.
1. Foreign exchange trading, you can do it through the Forex market channel.
2. Trading in cryptocurrencies you can use crypto exchanges, such as Binance and your local exchange.
If you want to trade in forex and crypto, of course they are very significant assets and have a difference.
forex you must have large capital to trade and to determine profits, while crypto does not require a lot of capital like forex, of course forex profits are bigger than crypto.
The biggest difference is that in forex you have leverages, you could basically do the small version but the spot trading on foreign exchanges are usually not that big, you do not see 10%+ returns, your cannot do long term approach, like buy another currency and hold it for 10 years so it gets more valuable. In crypto trading, we do have that, you could buy crypto and make that kind of profit in 10 years if you wait, which you can't in forex. Obviously we have leverage trading in crypto as well, which means that if we do that, then it's getting closer to forex trading as well, a 100x position in forex and crypto could feel very much the same, but that doesn't make them the same thing overall. |
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Azbit.com is completely misleading and fraudulent.
Do not pay for listing here.
There are no $1 sales, the systems are full of errors.
Everything they promise is a lie, look at other exchanges, pay more, but don't be deceived.
There are so many low tier and fake cryptocurrency exchanges in the market, and we really have to avoid them. This is my first time of even hearing about this exchange, I have never heard of it before. I am mostly into the top tier exchanges that we have in the market, and that’s what I am always looking into, such as coinbase.com, binance.com and Kraken.com. These exchanges has been around for a long time and they have proven to be transparent so they can be trusted. And the good thing about having a project listed on these top exchanges is that your project is more likely to see the needed success that your team are looking for. But when you make use of unknown exchanges, you are doing yourself no good. |
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I think first is more than enough. Just make it a self sustainable place and that's more than enough.
However, what I wonder is that why do we not ask for the same thing on other companies? There are so many companies that destroy the world, even before crypto was a thing, even before mining was a thing, we had so many companies in the energy sector destroying world, why didn't we ask them to be self sustaining in energy? We didn't because we needed them, and that's why they were let go.
Just Texas energy companies alone destroy the world in a horrible pace, do not get me started on china pollution as well. It's obviously one sided to ask for bitcoin to be getting better when everyone else goes on regularly.
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I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.
Look back to 5 years or more ago or just even a year or two, the same feeling you've got with the rest and also me. I agree that people who got in at 20k felt like they were late as well, people in 2018 all imagined they were too late and they missed it. Price hit back to under 4k after that, and reached to 68k, that is like 16x bigger amount if I am not wrong. That is proof enough that you are never late if you know how to invest. Buy low and sell high, keep doing that and you will gain a lot of money .There isn't just bitcoin neither, keep doing this with like 10 coins and you should be fine. Learn the lows and the highs of coins and where it could go down and where the support is and then where the resistance is and you could basically make a good amount of money in a few years. |
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What do you think about Ape Coin in terms on long term investment?
In regards to this CoinApe I still don't fully understand, but it seems that if it's in terms of investing in the long term, it might be a good investment to see and hear about the working metaverse that is said to be launched for the future and maybe with this very much a major figure in investing in coins or tokens in the long term or over the long term, I hear Ape has most of the whales that can send the price of ape tokens which it says can send it to go to the moon. You do not have to understand it, they are just making it into some meme and they are "promising" some stuff but if you paid me millions upon millions of dollars, then I would have been able to build you all the metaverse things you wanted. I could literally do a replica of New York 1 to 1 ratio size, and then made all those buildings and other stuff realistically owned by people, allow people to basically just live in New York, it is such a huge money that you wouldn't be just building metaverse if you are serious, you would be building stuff that would be insane to think about, whereas ape team will pocket the money and give you some robloc/minecraft shit that nobody would want. |
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It's called a habit. And to cure a habit and accept what no longer works is quite difficult. Some still believe that one day the time of 2017 will begin when any bounty and airdrop will bring big pluses. But for the OP, I see that he "sobers up" much faster, and there is hope that he will completely stop participating in the bounty, as this is really a waste of time, and join the normal discussions and problems of the forum.
OP, just start to understand that the time has passed when new coins really blew up the market and carried some kind of unique idea. Everything new is the next and filthy old.
It is a wonderful thing that back in the day we all made some easy money in crypto, not "a lot" usually, maybe there could be a few who did a lot but my point here is that stuff like finding 50-100 bucks or whatever was something easy because it was everywhere. Projects realized that they could get money from investors, investors assumed if they invest into diversified enough dozens of things they could make money with at least one of them to cover the cost of all others and some more on top of it, and projects paid all of us a decent small amount to keep us working for them by basically doing simple stuff. All this became a cycle and it worked. Realizing that it is no longer valid in 2022 will be hard to accept for many who made money this way. |
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Actually you are right about it on guesses since we are not sure whether that prediction of ours will come true or not but the difference is that we are not just randomly guessing but we are using available data that we are going to analyze on what could possibly happened in the market and once we convinced ourselves on what most likely going to happened in the market that's the time we are going to buy or sell.
So for me it's not likely a guessing but predicting based on the analysis and available data.
It is definitely guesses and nothing more, he/you are right. We could find some directions and we could see some stuff, but there is never a guarantee on what will happen and all we could do right now is to make sure that we are on the right side of the prediction game. If we keep on investing at a level where it is not really that much of a big deal, then we are going to end up with a big loss and it is not going to end that well for us at all. Best case would be to just focus on long term because the prediction is a lot easier there. To predict that bitcoin will be higher in the long term, in a few years, should not be that hard, still not guaranteed but close to being a sure thing. |
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It's a matter of a lot of learning and also luck. It's a matter of understanding TA and also the psychology behind it and behind every rumor and news coming out.
I don't think that one mastering all this can still be called newbie. Not any longer, by far.
So for OP question the answer is "no".
A newbie will most probably treat crypto trading like gambling where he has a bigger chance to win if he pays a bit of attention to charts. And, if he's careful at the fees and he has entered in a good moment, he will earn some... until the trend changes unexpectedly and loses more than he has earned. Then he will either leave disappointed, either get on to actually learn (and get back to trading when he's no longer newbie), or... start holding...
The learning part is not that difficult to understand, it is something that is very important and everyone should be learning how to trade and what to be careful about while trading, if you do not do that then you will lose money and if you can't see that then you are going to be pretty upset about it but there is nobody else to blame but you. However, we need to also make sure that we know what a newbie means, if you are a newbie, and start learning and get rich, then maybe by the time you are rich then you are not a newbie anymore? I mean if this is my first day in crypto, and in a year I turned my 100 bucks to 1 million dollars, that makes me a veteran already right? Why would we call someone a newbie when they achieved that? So, a "newbie" can't get rich, but anyone who gets rich is not a newbie. |
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Aluminum is a more promising business than plastic and it's good to have all heavy, medium, and light used items. because all used goods are profitable.
but in the long run, it really needs a strategic place and does not harm others because anything related to waste will definitely harm the surrounding community and this must be considered.
I have a friend who collects used goods from scavengers and he is successful but the storage area is far from where the locals live so as not to harm them, and as far as I know he only sells it a few times when the price of goods goes up a little because he doesn't want his used goods to pile up. so goods go in and out after making a profit and it's hard to keep them for long term because most of them spin money just to take profit.
Is there even any alternatives to it? Like let's say you have a can of coca cola, do we really think that they will move to another direction? Bottle their drinks in another material? I am not entirely sure if it is even being worked on seriously, I mean they must have some RD team looking at alternatives but I doubt that it would be really all that possible. At the end of the day, aluminum would probably stay being the only option and will probably just be there for longest time and that means we could profit from it. Maybe it is not that expensive in the USA and maybe it won't grow like this for a long time, but in other nations it could be a rare resource for sure. |
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Beside the already known accusation of xrp being a centralize project working with banks (something that is the opposite of true crypto) and not very transparent with the overall conduct of the project I don't think am aware of any other season why people hate the project just by mentioning the name.
I don't understand it as well, because I also never invested in this project base on this community dislike, xrp is not only the centralize project in the space but for some reason best known to the crypto community, it is the most hate.
That is basically all there is to it. I mean I have been in crypto for 9 years now and never owned a single XRP in my life, why? Only because of the reason you already mentioned. If something is so centralized that they are saying "use our coins so that we could make money from companies" type of deal, then we shouldn't even be considering them legit. We are talking about a scam project that scams people so greatly that people are not even aware that they are getting scammed. Honestly, I would never own any XRP but I have to congratulate XRP creators, they have done something that nobody else achieved so far, turning a scam into a long term real project. |
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The mindset of the people has now changed, they are not in panic anymore, they'll just put themselves at ease. Manipulation is really the thing that changes a lot on the market and so does the whale's participation. Up and down in prices is not a mere thing to see in the market and certainly, we have to expect this because whether we like it or not, whales will somehow influence the market.
Fluctuation arises and no way to stop it.
The difference is that those people with a lot of money do not need you to get into panic mode to make a profit. If there are a lot of people with long futures, that means if the price goes down their positions will be liquidated and turn into USDT which means system will sell bitcoin and drop the price automatically. So, if they have 10 billion dollars worth of bitcoin, they could short it with a few billion dollars, and could sell with 5 billion dollars, and they will crash the price not only because they will be selling, but because price going down will result people with high leverages to get liquidated and keep dropping the price even more, so whales could buy cheaper and more while profiting from their short position as well. |
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Maybe all they need is to repeatedly have this kind of experience so they won't panic because they've gotten used to the downturn and can finally use it to buy more.
But if they're never willing to learn what to do when the market is down, they'll just keep panicking without being able to use it for them.
Yes, emotions play a big role but it depends on how they can manage.
The price is still around $40k but the green candle has returned to the market.
So there is a possibility to see another increase in the next week.
It takes about 2 to 3 years depending on when you got in. People end up seeing the price go down for the first time and do not understand it when they see it for the first time, but when you see it again, you kind of "expect it", you may still end up getting in panic mode and sell but this time around you know what happened last time so you kind of expect it to go up and instead of selling you should have bought more. After that, the third time is quite easy, that is years years later and you would be basically racking in cash at that point because you know what you should have done. I am not saying that you can't make mistakes, but at least it would be dropping to a minimum. |
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Missing? Maybe it was the recognition of the government. There must be something on bitcoin on why governments cant easily legalized it, it could be that bitcoin isn't backed by anything or doesn't have a central authority? And then it's also decentralized. Government recognition is the key to the mass adoption.
This is where it starts. You are not a developer but you are doing some things that a developer usually do. I am not a developer and I don't deal on those things because I don't know how they work but I know I am not alone with that. Most people are already contented on investing and trading btc. For the other roles, mining can be one if it.
Governments are getting more and more friendly with crypto and I am happy about that, but at the same time I have to say that it is not really going to be something simple neither, it is a bit of a difficulty because it gives us decentralized freedom. This means that governments are cornered, if they do not allow it then people will still keep on using it illegally and they won't be paying any taxes, if they make it legal then they are allowing people to use something that is giving them decentralized power over government and hide their money or at least put it somewhere government can't reach, but they could at least tax it and make some income from it. It is a double edged sword for sure. |
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Queen of the south
an action/drama show on netflix who'd
got chosen for the best prime-time series at imagen awards
Mentioned bitcoin on how busy its network has @S3;O3
This is already expected as bitcoin is now going mainstream. So involving bitcoin in some new movies i guess is also a good strategy for its widespread adoption. And once this movie will come out successful, then expect that there will be more about bitcoin in the next shows. I guess people take advantage on what is in demand, and definitely bitcoin is one sure thing about it that is brought by this new technology at this digital age. It was also talked about years years ago on Silicon Valley tv show as well, where gilfoyle talked about his old bitcoin mining rig could be used as a server as well. So, these type of things are not new, we are not really going mainstream until it is a bit more abundant everywhere. If you see it once in a while here and there, that means we are known and even liked by many but that is it, if you start to see it everywhere you go, like in every movie, okay maybe not every but at least a lot of them and constantly, maybe like once a month, then we can say that it's mainstream. Otherwise, we are not really going to be considered mainstream and loved with just a few passing mentions. |
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A VPN can also have disadvantages, especially a free one. But I also always try to avoid mirror sites just to avoid any phishing attempt. Anybody already the new in-house game called ring? It is similar to a "Wheel" game that some other casinos have but always fun to play! https://betfury.io/news/ring-new-inhouse-gameYeah the free VPN is not completely anonymous because you are using public IP but its still helpful if you are just using it for casual anonymous browsing that doesn’t involved risk in your identity. I don’t play much in-house because they all have similarities on gameplay, Thry just differ on visual representation of the game but the objective to win is same. Only tower game is what I’m playing on Betfury in-house game since it’s like a crash game that you have time to think if you will continue or not. Risking your identity would be fine if that is your only risk you think you have. I mean you could hide your identity, I do not mean that go ahead and share it, but its easy to hide it and that's fine. The problem is that if you are using a public IP and gambling with some money in your account, there could be other people sharing the same IP and that could raise some red flags in the betfury staff room as well. This will result with you getting KYC questions and other problems when you are trying to withdraw. I am not saying that it will be impossible to get it back, you could, but it would take a while before you could get it and will be annoying. |
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First Lebanon now Srilanka declared themself bankruptcy. After the covid-19 break out some countries(especially those whose source of income was from tourism) face severe consequences. Another source of income was exporting quality tea which was also reduced significantly. Srilankan tea brand is infamous in the world. Besides that, some bad decisions from the govt like forbidding tp importation of fertilizer to produce organic foods create food shortages in the country. Mostly covid and govt is to blame for this current situation in Sri Lanka.
It is never a good idea to default on your loans because it would make it incredibly hard to get a loan again. However, sometimes you just need to do it to get better, when you have no other choices left like Sri Lanka. First of all, it is a government, not like they are a company that can go bankrupt, they are there, they may not be able to pay right now, but that doesn't mean that you can't give them any loans in the future because they may get better after this situation. Secondly, we are talking about having some debt even after this, they are not reaching to zero, they are defaulting on some debt, but they still have some more debt left that they will pay, which will help them gain some credit again. |
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Once I was looking for a good indicator, and in Youtube videos there is a speculator that uses the ichimoku cloud plus two more lines that I don't remember the name of, I know that those two indicated when to enter the market and when not, and the truth like if i figured out what it was, i checked it several times and it had a high rate of return.
Of course this is just a way of seeing the market and operating, it is not a sure thing, but as far as I have seen everything that has to do with technical analysis, it is the closest thing to success.
The thing is that, that shows exactly when the market "should" go up, and not when it will be. These type of situations allow people to make money "most" of the time which is why people end up believing that they could make money since they see it working most of the time. However timing and managing your bankroll means a lot in this case. This is because, you could end up with a good return once, and then double your investment next time when you get in and lose more because that was a wrong one, so you always need to be careful, grow your investment slowly each time you get in, and make sure that you enter with money you could lose and still go on. |
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It's funny that we like to involve the government when bitcoin is created to be a decentralized currency.
The nature of crypto itself is very volatile, there's no way it will only move in one direction, I think we should understand that first before we start investing in crypto so we will not surprise and panic in bearish situation, or when we see a dump, because in the eyes of the normal crypto investor it's just normal while for the newbies, it means a collapse of their investment.
This is what people know, this is what people memorized so far and that is the first instinct they get when this happens. I mean I get that you may not be doing something that is as free as bitcoin allows you to do if we get governments involved. However, whenever people see something "unfair" for them, then they start to ask for help from their governments because that has been how we handled these things so far. It has been centuries since nations backed their own coin and whenever citizens have a "problem" they try to fix it, sometimes they do help, sometimes they cause it to be even worse. This pandemic period is a great example, citizens were in trouble during that period, so they found the solution by printing more money which probably did help some people but at the end of the day it ruined the economy. |
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