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41  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu vs. Dogecoin. Who is the Lead Dog of the Pack? on: July 28, 2021, 06:43:15 AM
Both Dogecoin and Shiba Doge are tokens, and they are both conceptual coins because of Musk's fire. Dogecoin is a culture of charity and cuteness, and Shiba Inu is a culture of equality. What is clear is that if Musk abandons them, they will be beaten back to their original form.
From an investment point of view, the risks of the two are actually the same, and they all depend on the degree of speculation that has been blessed by the bigwigs.
If I had to choose, I would choose Shiba Inu, because Shiba Inu's currency value is relatively small and there is an expectation of growth.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: Never Trade On Emotions on: July 27, 2021, 08:12:34 AM
Fear is a common emotion that often leads to wrong decisions in crypto trading. Controlling emotions is simple to say, but even the most experienced crypto investors still have to work hard to control emotions and not let fear dominate.
There are two common sentiments. One is that when the market is falling, fear dominates and crypto enthusiasts close their positions early.
Either the fear of a pullback after the rally led to the same decision to close the trade prematurely.
Greed often leads traders to exceed the risks they are actually willing to accept. Once greed controls your thoughts, it will lead to large losses.
43  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: July 27, 2021, 07:27:54 AM
If I have to choose a cryptocurrency, I might want a stablecoin. If I choose one of the two, I will choose fiat currency to get paid, and then spend it on anything I want, including the tokens I want to invest. Because I can't put all my wages into the market, I will have other expenses.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Altcoin season started again? on: July 27, 2021, 07:05:58 AM
Absolutely, the price still benefits, which is not entirely bad news, it also means that when they add it, we will get another huge boost. Having said that, I am not in a hurry for price increases.
45  Other / Politics & Society / Re: Another new phase of Convid-19 due to unvaccinated people on: July 26, 2021, 08:56:15 AM
The role of the vaccine is to prevent the virus and reduce the possibility of infection. Refusing the vaccine is totally irresponsible for one's own health. In the face of the epidemic, the control of the country also depends on personal hygiene. However, in the long run, widespread vaccination can achieve true prevention of the spread of the virus.
46  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: July 26, 2021, 06:12:59 AM
Clients from the commission-free Chase trading application, clients managed by JPMorgan Chase advisors, and some elite clients gain cryptocurrency exposure through products provided by Grayscale Investment and Osprey Funds.
Grayscale recently announced that it has unlocked approximately 16,000 BTC worth of GBTC (Grayscale Bitcoin Trust) stock, and another 40,000 BTC will be unlocked within a six-month lock-up period.
https://cryptodaily.co.uk/2021/07/JPMorgan-Opens-Crypto-Access-To-Retail-Wealth-Clients?utm_source=cryptorank&utm_medium=rss
47  Bitcoin / Bitcoin Discussion / Re: Bitcoin's price, and our mental health. on: July 24, 2021, 06:53:36 AM
For all investors who invest in cryptocurrency, buying cryptocurrency with unimportant funds is very safe and stable. Even if the currency plummets, it will not affect people's normal lives. If you spend more or all of it, your assets may affect your life. Unable to withstand the tremendous pressure, it often leads to tragedies. Therefore, the assets you invest in are related to the rest of your life. Therefore, investors need to allocate positions reasonably and refuse to bet on all-or-nothing behavior!
48  Other / Meta / Re: Strange affair! on: July 23, 2021, 08:45:26 AM
Not because this topic is not allowed to be mentioned, but because there is a discussion about this topic. The forum does not allow posting duplicate topics. I saw this kind of topic in the Bitcoin discussion before, and I remembered that I also responded to it, so the reason for deleting it is that the topic is repeated.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: What nft functions can you think of? on: July 23, 2021, 08:21:15 AM
It was first discovered that NFT was launched on a game, which was very popular at the time and even caused congestion on the Ethereum blockchain. The only feature of NFT is one of the important features of blockchain technology. The various forms of online games mentioned by op can be verified for uniqueness and rarity through the special authentication method of NFT.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: How much of your total capital is in crypto? on: July 23, 2021, 07:01:51 AM
I haven't calculated the percentage accurately. I usually put some spare money. I will use it for investment if I don't need it for the time being. If it drops, I won't be under too much psychological pressure.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know if an altcoin is a scam? on: July 23, 2021, 02:59:37 AM
Currently, cryptocurrency uses blockchain for speculation, and the bubble is serious. Some altcoins and air coins use the blockchain to deceive speculators, so if you are a confused novice, I hope everyone is cautious and can choose a stable mainstream currency instead of blindly choosing a small currency. It is very dangerous to be fooled.
52  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the basic difference bitcoin and ethereum? on: July 22, 2021, 08:29:48 AM
Both BTC and ETH are giants in the cryptocurrency field. They have similarities and differences. Ethereum serves as a platform that uses its own currency to promote contracts and applications. The purpose of Bitcoin is to serve as a global decentralized financial system, a medium for payment transactions, and the ability to become a store of digital value.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some long term projects for holding? on: July 22, 2021, 07:57:08 AM
In the second half of the year, Bitcoin will be prioritized. When the market is better, Bitcoin will take the lead. Then the mainstream currency will rise, and it will be the altcoin. The risk of buying Bitcoin now is not as risky as other currencies. Secondly, consider trying value coins, ETH, dot and fil (don't buy them at the current price), and you can buy some altcoins doge and luna.
54  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: July 22, 2021, 07:21:32 AM
Because btc in the cryptocurrency represents the king of encryption, if the price of Bitcoin falls, it will cause a certain amount of market panic to flee, and the funds of many institutions will sell their tokens at this time. You can understand Bitcoin as a vane , When Bitcoin falls, the market will panic, when Bitcoin rises, the market will have a lot of capital inflow!
55  Bitcoin / Bitcoin Discussion / Re: Don't give your bitcoins to scammers on: July 22, 2021, 02:02:39 AM
This kind of scam is generally aimed at investors who are not proficient in the crypto field. They understand the sentiments of these investors and grasp the psychology of investors. Investors will not think that they have been scammed, and they will be unable to recover after the reaction. Especially on the Internet, filled with all kinds of scams, the most fundamental way is to enrich your knowledge and not to be blinded by greed.
56  Economy / Economics / Re: Poor and middle class as a mentality on: July 21, 2021, 07:13:28 AM
I think this is very realistic. But this does not mean that the poor cannot succeed. Many famous billionaires were not born in wealthy families. Their perseverance and wisdom made them. No matter where you start, you should have the right attitude, understand what you want, whether you want your children to be as ordinary as yourself, or strive for a better future for future generations. It depends on their own choice.
57  Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin on: July 21, 2021, 06:42:37 AM
For novices, the first point is that most novices think so. They understand that the cryptocurrency market is rising rapidly, and with the mentality of getting rich overnight, they joined the cryptocurrency market for speculation. They want to get rich overnight, but they underestimate the risks of the crypto market. The profit is high, and the risk is also high. They don't understand the market and don't analyze it. Bitcoin is not a tool they use to get rich overnight.
58  Bitcoin / Bitcoin Discussion / Re: Why the birth of Bitcoin triggered a revolution in accounting? on: July 21, 2021, 06:12:04 AM
The birth of Bitcoin has brought great innovation, because the emergence of Bitcoin has created a new way of bookkeeping. It can be seen that Bitcoin's capabilities are much higher than what the market says. The blockchain technology of various virtual currencies does exist, enriching people's lives. The distributed accounting technology used by the blockchain cannot be modified once a record is created. Bitcoin can be so dazzling in the global currency, it can be said that the accounting field has made Bitcoin.
59  Economy / Speculation / Re: How come BTC is still so cheap? on: July 21, 2021, 01:10:57 AM
Bitcoin has experienced a decade of growth. Compared with ten years ago, the value of Bitcoin is obvious, and the future will be brighter. To be honest, if it hadn't been the first in El Salvador to adopt Bitcoin as a currency, I would never know this country. This country is too backward, and more countries will join in the future. Bitcoin has huge potential, let us wait and see.
60  Economy / Economics / Re: Big test for Bitcoin during the next Economic Collapse. on: July 20, 2021, 03:30:43 AM
Bitcoin failed to escape the epidemic in March, and the "Black Thursday" incident occurred. During the epidemic, the large amount of money printed in the United States will cause inflation. Therefore, a large amount of funds flowed into the market, and the value of Bitcoin reached a new high. After these events, Bitcoin once again rises to a new height. Although the crypto market has been greatly affected, it will slowly recover and become the best investment choice.
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