DeFi and gaming will combine and traditional DeFi like AMMs are expanding to farming and lending. Ref Finance for example recently launched it's own farms and some AMMs like Yape are doing some interesting things like single sided liquidity and placing a portion of the LP deposit in yearn finance for extra APY.
DEFI is here to stay and it has potential to go many trillion market cap in coming years. The issue with DEFI is security, many incidents of hacking have happened during the past months, even with Panckaeswap and Bunnyswap which is very damaging for growth of this sector. Security audits are becoming very common now to ensure security of funds and satisfy customers. |
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you can see the project I just worked on, apeswap. The bounty project provides a worthy payment in my opinion. most people supported some pretty big projects this year, you can also look for that in the bounty thread. I think the bounty is still very appropriate for now.
It simply depends on project you are interested in to work Bounty campaign, some projects are very rewarding and some don't deserve your precious time investing. We need to do in depth research work before we join any Bounty program or airdrop. When I draw a comparison between Bounties and Air drops, airdrops are mostly scams with few exception whereas Bounties are a better option. |
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We are moving towards the Type 0 Civilization. I know it seems bad, but one way or the other, we have to produce more energy rather then restrict its use. The more, clean energy production will be the key for the Humans to move forward. No other way around. Brother, Appreciate your thoughts about clean/green energy and totally agree with you that we need more electricity to develop our industry and businesses but share of clean/green energy has to grow with passage of time to avoid environmental issues. I want to share here my contribution in this regard, I have installed 5.5 KW Solar system (with 10 solar panels and one Hybrid Inverter) on my Roof top which produces about 600 units/month. This solar system is based on net metering system, means any extra unit which is not consumed domestically, will be exported to Electricity company and added to my credit.  |
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Bohaat c loogon ko ni pata lekin Solana fast zaroor hay lekin centralized blockchain hay. So ais mein asay issues ana koi bardi baat ni. Yeeeh kabhi ethereum blockchain ko replace ni keer sakkti. Apki bat sahi ha k yeh kabi Ethereum nhi bun sakta blky koi bi blco chain Ethereum ka mukabla nhi ker skata ku k uska customer base bht strong ha mgr uski transaction fee kum nhi ho rehi ha jp k traders k liye ek bht bra issue ha. Solana pe abi bi logo ko trust bht ha ab dobra ek green candle bun gai ha day chart pe or price oper jana shoro ho gya ha. Solana Price went down by more than 15% last week due to technical issue but now price is recovering and one green candle formed on day chart and upward journey started.  |
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What are the most recommended methods that one could use to Understand trading?
Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.
In deed, Trading has become very popular now, in particular after crypto emerged as fast growing industry. . People have been trading in stocks and forex since years but crypto created new opportunities in it and early birds in crypto made huge profits which attracted new investment as well as youngster are even greatly enthusiastic to adopt crypto trading as their profession. Like many other professions crypto trading also requires knowledge of crypto, good understanding of technical indicators as well as skills of money/risk management to be a successful trader. |
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Hmm, not sure if teenagers or youth will go on crypto trading, maybe for some but that is an exception. I don't know if you guys are familiar with this case: Young trader dies by suicide after thinking he racked up big losses on Robinhood. In this case, he got pressured and kill himself. So this crypto trading is dangerous for kids as their could be pressure mounting on them to make money at a young age. True. Crypto trading is dangerous for youngsters because they quickly get tempted to take buy sell decision based on emotional pressure which leads to disaster in most of cases. Trading is a profession and it needs proper training as well as experience to be a successful traders. Although crypto is great opportunity for everybody to create extra income by investing, trading, mining and staking and has created many young Millionaires but it didn't happen overnight they had passed through learning and training process as well as hard work to reach there where they are today. |
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Of course it is profitable if coin staking is still being carried out until now, but by paying attention to the type of coin you are staking and the amount of apy(%) offered because it will be different for each coin, usually staking projects aim to keep some people from selling their coins and give bonus coins to those who stake their coins.
so staking is good if you choose a good one.
Absolutely right. It is a good idea and attracted Billion of Dollars investment in 2020 when DEFI sector came in the lime light and number of Successful projects launched though there were many scams , as well. Having regular passive income is need of everybody because it gives you financial freedom and you can maintain a life style without actively involving in Business activity. This is the reason this sector is very popular among long term investors and will continue attracting investment and scam projects will be filtered out by the passage of time. |
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Some people refuse to take profits when their coins and tokens are surging so high.
Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip.
Since price can’t go up all the time.
Well said. Greed and fear are two important emotion those work in any kind of trading. Booking profit is a good habit and trader should never quit this habit. We should not keep waiting to see higher and higher instead when you have reasonable profit sell your coins and enjoy profit. If you are long term then strategy should be different. Long term investors have a certain target price in their mind which is many fold higher than their buying price, they have capacity to hold their assets untila target price is reached. |
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Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
It is a good idea provided you invest your funds in good DEFI project. APY means Annual yield, This % shows your annualized return if you don't harvest your daily reward for one year. In simple words you can say it compounded interest on your investment. In staking if your project is good and the price of its coin is increasing then you get daily reward as well as price appreciation benefit on your investment. You have to be very careful when choosing DEFI for staking because there are many scam projects in this field so do good research work before you put in your funds. |
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Brothers, Ethereum coin k chart pe cup and handle patteren bun reha ha jo k kafi hud tak ek Bullish signal hota ha or bht sary analyst aany waly dino mein Ethereum ki price 6.5 k tak ki prediction ker rehe han. Es price prediction ki bri waja yeh k bht bry bry idary ethereum mein dilchispi show ker rehe han. Ek Multi national Bank standard chartered ki intezamia ne ethereum ko ek financial product k tor pe istemal kerny mein interest show kia ha agr aisa hoa toh ethereum ki price bht oper ja sakti ha.  https://cointelegraph.com/news/ethereum-eyes-6-5k-bullish-target-as-eth-price-chart-paints-cup-and-handle |
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Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?
I think there is lot of hype of Solana in the market but day before yesterday their network was shut down for more than 16 Hrs. because of overload of transactions and its price slided more than 15% asa result of this outage. I don't think Solana is replacement of Ethereum or Bitcoin , it is too early to rate Solana so high and buy it and sell everything else. Bitcoin and Ethereum have established their credibility over a long period time and I believe they continue maintaining their position in crypto space and it won't be easy to challenge their top ranks. |
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what do you think by the sudden move of the Ethereum price not even determining the gas price so high  all day high $3,836.87 and the low $3,540 Do we see 5k Eth price by end of the week or month? Ethereum is # 2 leading crypto currency on coinmarketcap and in my opinion has the strongest use case in crypto space so achieving 5K price is not a big milestone for Ethereum to achieve but I think it will only happen when Bitcoin breaks 50K and stays above it for one week then the whole Alts market can go Bullish and Ethereum will be the first one to get price hike. |
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you can learn it through youtube or a website that discusses Atlcoin trading and you can learn it directly by going directly into trading with small capital it is very helpful to deepen knowledge and gain experience, that's the way I did it when I started trading.
Before you jump into trading, please decide whether you want to invest for long term or short term. If you want to invest for long term then buy coins from top 10 on coinmarketcap and hold them for long term because they are good projects and have shown good performance during the past years. For trading I would suggest you to learn Technical Indicators because they are very helpful to make Entry and exit decision while trading on daily or weely basis. MACD, RSI and Moving averge are good indicators and you can learn them by watching videos on youtube. https://www.youtube.com/watch?v=P7qikc4439ghttps://coinmarketcap.com/ |
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This is very bad news for Investors who bought it above 200$ with the hope to book gains in coming weeks but this crash caused 15% drop in its price from 209 to 150$ which is very disappointing but still Solana remains one of the biggest gainers of 2021.. The reason of outage as being described by the team is overload of transactions which system failed to handle. The network has been designed to handle up to 50,000 transactions per second, and crashed under a load of estimated 400,000 attempted transactions per second. https://tradersofcrypto.com/news/solana-sol-crashes-on-network-outage/ |
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DeFi is still more like a failed experiment, 80% of DeFi projects are unreliable, they have weak security and they are more hack friendly, they claim to be decentralized but instead they aren't showing any decentralized motives, the only DeFi projects I trust are not up to five and I choose those DeFi projects because they are more than just DeFi like many new DeFi projects so far, I don't care much about where DeFi is headed, I'm just going to keep picking the good eggs out from the bad eggs, hopeful in future DeFi projects will actually become fully decentralized and more secured
I don't think DEFI as an important sector of crypto space is a failure, there are many good projects where Investors have enjoyed huge returns in term of daily rewards and coin price appreciation. Pancakeswap, Apeswap and Bakeryswap are good examples. Having said that you are right that there are many scams and insecure projects which I am sure will die when they fail to deliver promised results. We need to be good in cherry picking when we invest our hard earned money in any project and should do good research work before taking investment decision. |
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^ Umer bhai they did try to put TENUP on Binance but failed for whatever reason banned or didn’t succeed in doing so. Yes there are so many scam coins even bigger than TENUP but still up and live on many exchanges. This isn’t about the one event or news but whole history of Waqar Zaka is so disputed I have been following him since 2017 by following him I mean I know about him, what happened to his OuiCoin? Wasn’t he supporting OneCoin? Is he not stealing signaling from other groups? Why he or team started selling Tenup as soon as it got listed on Okex? Are these sign not enough for a scam? I can support him for his work in crypto but I will never support his Tenup/OuiCoin this is pure scam nothing else. Any way his recent stunt about Binance getting banned in Pakistan shows his maturity level. Wese bhi gharor ka sir hamisha necha hota hai aur kuch zaida he gharor hai Waqar Zaka ko bitocin se paisa kamane par  @shahzadafzal bhai, ap bilkul sahi keh rehe han es bandy k scams ki bht lambi dastan ha or yeh one coin ko bi Pakistan mein bht promote kerta reha ha jo k crypto ki history ka sub se bra scam tha or Pakistan mein bi bechary masoom logo ne es mein bht paisa invest kia or sub investment doob gai. I think whatever he is doing to promote and legalize crypto in Pakistan, we appreciate his efforts but I am quite sure there is some vested interest hidden behind it. https://www.youtube.com/watch?v=ET8Tnni2scg |
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