Yes it's quite popular nowadays and it's good compared to traditional banking and usually they are owned by any of the traditional banks themselves or few may be independent, it's easily adoptable by people who knows how to use internet. Basically where you don't have paperworks and manually stuffs done through the banks branch are no longer required as everything happens through the app and it gives you better insights of where you spends and they have some nice investment plans and suggestions it looks more like wealth management application. They have better offers and more rewards compared to the traditional banks. I have mentioned link of one such successful digital bank for your reference: https://jupiter.money/ |
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I would like to thnks everyone for sharing the insights as it was really helpful and the best part is i didn't get any false suggestions like we get in social media by sharing an indicator with false win rates.
What I have learnt from the insights shared is that we cannot rely on any indicator as nothing is accurate. Better to stick to basics like RSI, BB, MACD, Moving averages, Etc and use the combination and backtest ourself to find the most appropriate one.
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It's really difficult and a lot of risk is involved as one can use get it exchanged with friends or family members living in tax free nations but how will you get it in your bank or cash in hand as fiat? Even they have to transfer it through an international payment modes which involves tax and if crosses a lot you have to show the proof of that incoming transaction to the government. Either keep hodling in BTC until there are any changes in the rules or pay taxes, there are lot of processes involved to get it changed through foreign resources but involves risk and multiple processes and can be used for huge amount not for smaller transactions.
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If you are looking for quick profit and high risk then memecoin may do wonders compared to other altcoins projects, but on a long term memecoins don't have much to offer I would say nothing to offer and it will be depending on hype or some crazy billionaire like Elon Musk to endorse it like he did for Doge. We need to think if we are in for gambling or making money through investment and trading. If gambling then go for memecoin but I would suggest we should stay away from them unless they have a working model and use case.
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How does it correlate? I still think you are crazy or high on some hard substance for over 4 years now, let's be logical and anyone will laugh at what you have mentioned and moreover you have audacity of reposting and justifying it just makes me laugh even now. Let's come out of delusional world and be realistic.
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Investors don't bother much once they have done the research and invested but they may keep track of market like they may check once in a while whenever there is a buzz in the market to see how their investment has performed and they are someone who don't have to panic much because everything is sorted they know when to withdraw and they spend rest of their time thinking about strategy and other investments as they have diversify their investments and not restricted to crypto alone, but day traders goes through the worst they are glued to their systems and the stress level is way too much in day trading so there is no waiting period for day traders.
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It's too early to decide in anything because there has been slight correction from last two days and we are already seeing lot of fuds in the market and I just ended up scrolling through the Binance buzz feed and the sentiments over their are so negative that's no one wants to buy Bitcoin at the moment and they are expecting further dump. I wouldn't say it's going to dump further or recover like it did last time though I am sure it would happen but I would advice people to wait for few days and take a call.
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Doge is a cryptocurrency that has use cases even before we started talking about memecoin and its success may be the reason why there are some investors investing in memecoin. I do not see that memecoin will interact positively in 2024, but if we wanted to compare Shiba Inu, Pepe, Meme, Bonk, Floki, WIF, Grok, I would choose Shiba Inu. At least it has use cases and not broken models, and all of these memecoins do not have any real use other than promises that you will make good profits from the investment.
Exactly the memecoins like pepe, floki and bonk has already given good profits to the investors but on a longer run they don't have much to offer which will eventually lead to downfall of the coins. I won't even go with shib for that reason as we need projects which can offer a service or product and I know we are talking about meme tokens which were literally meant for jokes like doge was created but we have too many in this category now so people should be cautious with their investments especially in meme coins if it doesn't have a use case or product. |
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USA may invest or accumulate the seized Bitcoins which it has been doing for a while especially those related to crime related but they can never control Bitcoin like they do oil and other natural resources because Bitcoin is decentralised they can never control it they may at times try manipulating the market but those would have very limited affect on Bitcoin. Finally out of frustration they may just try making it hard for users to access it when they cannot control.
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There are so many different types of coins nowadays, but I don't even know how I should choose anymore. Do you guys have any good advice?
Try and make your personal research about these coins and tokens i will be listing and try to invest on anyone you have the feelings for its better performance, they are as follows. Bitcoin Ethereum Solana Link Floki Pepe Shiba Inu Avalanche Cardano All you need to do is to invest in the exact amount you can afford to loose, also if you're taking consideration of investing huge amount in crypto, then it will be profitable for you to split your money on them. I agree with majority of coins which you have suggest except the memecoins Floki, Shiba Inu and pepe as these can make you quick rich and has the capability to make you poor before you could even withdraw it or convert it. meme coins are good for short term if one is actively into trading and monitoring the market but not for long term and I am saying this with plenty of experience which I had with memecoins. Other coins are good and no doubt about them. |
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It's the same case throughout the world with just the difference in level of corruption and even in my country you will see leader literally knocking every single door before the election and once they win the next time they visit your locality or do any work is just before the next election begging for votes. It's upto us whether we want to give chance to candidate who is non corrupt or traditional corrupt politicians as our vote decide our fate.
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Market didn’t slow, rather it’s going down I can see. 72 hours before Bitcoins were at around 72k usd, but sadly now Bitcoins are at 67k usd. But this doesn’t mean that 100k is not near. This might be just the price correction for some time. Bitcoins will definitely touch 100k usd before the bull run. We just need to show some support. Right now I will consider this as another opportunity and will buy the coins.
Yes even I would consider this as a buy time and $100k is inevitable but the only problem is it might be delayed and this price dip may further push newbies to panic sell if this trend continues for some more time which may push Bitcoin's value further down but we have already seen this in the 5 months as whenever the dip occur people accumulate more and then it bounces back much higher than the previous value. I hope same thing is gonna happen again. |
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Considering the recent decline it becomes even more difficult to predict which coin would pump or give good returns because good amount of Altcoin have already given returns and we cannot even go longterm on Altcoins hence I would suggest to stick with ETH for time being because other Altcoins have pumped hard and I'm worst case scenario if they fail it would be terrible.
Better to wait for a while and see how market trends as this is not the time for Altcoin investments.
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It is not too late for us to invest in Bitcoin even though the price looks like it is high huge for an investment.
We can still make money from the market if we are patient and ready to take the risk just like every other crypto investors do investing in Bitcoin for the future. Making money is good for us if we know how to get to the cycle that would trigger our success in investing in Bitcoin or altcokns that would spark our profit as crypto investors. It is not too late and op can tlstill take the opportunity to invest looking at the current nature of the market.
I know it's not too late though the price has spiked up but still I would never suggest anyone to buy at this moment unless they are long term hodler because there are lot of users who may get in due to excitement but may not hodl incase of market dump which usually happens when BTC is at peak I mean even a small market correct may create chaos for them. I would say one may invest for long term else if they can actively monitor the market and make the right moves with SL/TP. |
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There are couple of them which has already been on surge but we have also seen dip when the value of Bitcoin dips. I would say let's stick to the Altcoins like ETH and SOL which has proven its worth more than once and maybe a small portion of investment should go to any other altcoins may be a newer one like world coin.
This is my personal opinion and DYOR before making any decision and don't just go by public opinion.
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These restrictions are there for most of the signature campaigns as they want to ensure the posters who carry their signature and details should have indepth knowlege about the crypto world and the general assumption as well as the data proves that the high ranking members have been around for longer have more knowledge. But this restrictions are not their for much of contests and other bounty related works.
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Ive been seeing this Worldcoin trending lately. So, I decided to make a little research on it because of that.
First of all, the coin is founded by Sam Altman who was a partner of Elon Musk in open AI. Apart from that, he is a Billionaire also. So, If you look at this coin from this point of view, It actually looks great with that. So, after checking the whitepaper, I see that's its an identity and Financial Network. And its also secure as described in the whitepaper. With this technology, you can scan your eyes to prove that you are a human being also. After seeing the coin ($WLD) trading on several exchanges like Binance, Bitget OKX and more, I feel more confident about the project and coin and I see huge potential in it. So I feel like sharing it here to see people's opinions also.
still top 160 now https://coinmarketcap.com/currencies/worldcoin-org/Meaning there is good future for this currency ? wondering how much have you vested in this one? but do not just believe in trending mate instead check your own ways entering in this one. I see WorldCoin now entering the top 75th ranked on the Coinmarketcap but you believe it or not i never heard about this coin before this OP's post. Even it’s listed many top exchanges Binance,KuCoin and many more and it’s today's volume is nearly 1 billion USD. May be it’s going trendy because of this project is backed by some big figures. Not sure how I didn't hear about this coin till now and upon looking at the positive responses I have checked about the project and its the need of the hour due to the scams happening due to AI it will help in reducing those and moreover it has backing of big names and also trading at all the major crypto exchanges. This would be in my watchlist as this really have potential to be a next big thing. |
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Don't go for it and not only this particular not but any bot but any bot out there inthe market they are not accurate and moreover there are lot of scams taking plan in these cases. Just imagine they could earn millions of their bot is as accurate as they claims to be then why would they sell it for some dollars? Moreover the telegram has become the birthplace for any scams it's filled with shady pages and scams. Just avoid it.
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I am not Nigerian but I have been following up the news related to Nigeria because there were couple of other similar posts to portray the hardship faced by the citizens of this nation and corruption. This cannot change unless there is an strong opposition who is not corrupt and people should give new faces a chance to govern I mean those who has faced hardship and wants to improve the standard of living, people need to show their power during the polls.
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Seems like there have been some major planned buying/selling happening but I am confident that Bitcoin's price will surge further and now $100k looks more realistic than ever if there are no mass panic selling happening in the market because I already see some fear in market when Bitcoin dropped from over $73k to mid $66k. I just hope people don't forget trap of manipulation and keep hodling Bitcoin.
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