~snip~
This is how the young generation can easily get detracked because of a lack of knowledge. I was really sad to see people don't want to accept reality or even research.
Yeah I agree, nowadays young people are really easy to be tricked by small differences. Maybe he insists to say that Bitcoin because he sees the potential of that coin  Maybe surpassing Bitcoin? Well, the difference between that coin and Bitcoin is already visible, its name, its price, its popularity, etc. |
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I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?
No you're not late, those people who invest in the bull run is the one who is late I guess. Right now the price is somewhat at discount again from 25k$ to 21k$. As long as you know the risk to invest in crypto and you already know the basic then you're set to go, don't ever get FOMO or FUD from other people it can ruin your investment strategy. |
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Of course I suggest re-thinking the impact or losses that we will experience if the market drops, sometimes the market drops significantly and as is currently happening that the price has dropped by more than 60% compared to ATH in 2021, if we want to take a loan to invest in bitcoin then i suggest to pay in long term eg 5 years. so that we don't panic when prices drop on a daily basis as is happening now.
Just don't take a loan at all, we never know what happen in the future for example 5 years in the future maybe Bitcoin is not as worth like now or maybe Bitcoin is worth 10x from its current price. Although we know that Bitcoin always makes new ATH after halving but nothing is guaranteed in crypto like we know that LUNA is the top crypto but it falls, we know that FTX is the top exchange but it falls too. |
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Is it safe to invest in Defi projects that has it's own Stablecoin? There is one project I like but the thought of having a stablecoin makes me feel unsafe about the project, we all know how such projects always end up, the mess with Luna and it's stable coin still lives in me till date.
You need to know how the stablecoin in that project works if it works like Luna then you can find the other project. We are never able to guarantee what is safe in cryptocurrency since they all have big risks with big returns, if you want to feel safe you can choose stocks for little risk. Don't forget that most stablecoin in crypto is not 100% backed by real fiat money so careful when choosing. |
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Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Maybe some coins are already dead because they can't survive the bearish and some other coins can't keep up with the trend in the crypto space so they end up abandoned by their community. Right now a lot of coins updating their roadmap and their services to the trend. We will see a lot of projects already supporting NFT, Metaverse and Web3 because they don't want to be left behind. |
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I have a good amount of btc that I'm very pleased with. I love btc. Are there any other coins you guys could recommend I buy next? (none of your comments count as financial advice)
Well, I need to know why you want to buy other coins if you love bitcoin, it's better to keep hold of Bitcoin and increase your bag. There are a lot of coins out there with their own utilities so if you want to buy other coins make sure to choose the coin that has a lot of utilities since it will become useful for long term. Don't ever FOMO in buying altcoins it can become your own grave so make a plan and make a target |
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~snip~
I think it would be perfect to bring this trading discussion. Are you addicted to trading? I am thinking that making profit from trading or making losses, there is a chance that some traders are addicted to trading. What are you doing naturally to stay away from trading addiction?
No, I'm not addicted to trading or even something like gambling. As far as I know about addiction in trading is if they are trading using high leverage to gain big profit and when they won once they will do it again without any knowledge, analysis, or even a plan. The worst thing is when they borrow the money from their friends and end up not paying back the loan. |
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Proof of registration
- My username: LastKiss
- My BSC address: 0xe42377ae15BCCe3D63559f23519283B4FDB3787d
- I am applying for: Twitter & Discord
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~snip~
I'm curious if others think I'm being too paranoid or have carried out some of these practices.
Well I'm not being paranoid because there are a lot of hacks out there but right now I have at least five wallets for different crypto since many cryptos right now offer low fees for transactions. Right now cold wallet isn't my priority yet because I'm not holding for so long for altcoins except Bitcoin. |
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~snip~
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?
Bitcoin trading or investing is not based on how well your education is, even old people with their bachelor's degrees can't compare to those who trading bitcoin for years. If you want to learn about BItcoin it's better to start now and learn something small day by day along with your native education. |
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~snip~
No matter what you plan to do on centralised exchanges, do not trust them.
At least Binance tried to get that audit to get the user's confidence regarding cryptocurrency, well, for me I keep choosing best exchange with their fast response customer service as long as they have that and not the best I will use it if I need. I know some small exchange got failed after a few months so whether it's a top exchange or not we can't guarantee the safety. |
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#PROOF OF REGISTRATIONForum Username: LastKiss Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=408030Telegram Username: @bloodyznumb Discord Username: LastKiss#4706 Participated Campaigns: Twitter & Discord Polygon Wallet Address: 0x8b42c0412d5272e45d811f500d3ff587351d07e8
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~snip~
What do you guys think?
I'm the one who holds long term for bounties tokens and earns a good amount when holding long term rather than selling when the tokens list immediately. I agree 1000% that if a new project is paid with stablecoin for example rather than their native token, it can make the price for the token under pressure really hard and it's not only for 1 month but many months. If there's going a regulation that says bounties are being paid with established coins in the future then it's nice to see a different thing in bounties. |
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~snip~
Inputs are greatly appreciated.
Well if I have knowledge about starting up a casino or gambling web business then I want to start one, but unfortunately I'm only an enjoyer of gambling so never thought to start a gambling/casino business in mind. If you have a chance to start one then get that chance maybe you can make another fortune with that. |
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