When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most. Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.
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I'm a long time fanboy of pancakeswap but just found about a new BSC defi called biswap. They are new and many of their farms provide better rates than pancakeswap. But I'm really for their native token farm which provides 700% per annum on the token which is the highest I've found on a farm. The exchange fees with cashback are much better than pancakeswap as well.
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No, TRON network is not compatible with Metamask. Metamask is specially made for using with Ethereum network but as BSC network is compatible with Ethereum format and addresses, BSC chain and it's token could be used with Metamask with a workaround. Tron follows a different blockchain and address format and has it's own set of wallets and extensions.
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Meme tokens are hard to categorize. They are unpredictable. Some are very adorable to ignore. Meme are changing the way we communicate and share our experience. Similarly meme tokens and coins are changing the face of crypt economy as we have set on our mind. It has risks involved and most of them have turned themselves as a ponzi, but we can't just ignore such large movement in crypto and everyone should invest with caution and only what you afford to loose.
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Airdrops were always have been giving some coins for small tasks. Be it just providing your address or doing some surveys or task. But nowadays, airdrop are being used as a synonym for bounty campaign. Surely they are overlapping concept but I categorize anything that takes less than an 15 mins to complete as an airdrop while anything over that is a bounty.
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It's much similar to Ethereum where the inflation would be of a controlled manner just to make sure the coins are being circulated. It actually don't make sense for a utility token like Ethereum or Polkadot to have a finite supply. As the use and users increases, the demand would itself drive the price high while with increasing number, the marketcap would get higher. With chances of adjustment, the deflation could be increased or decreased depending on the situation.
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Every market when goes up fast, would come down. It's simple economics. But booking the profit alone would not lead the market to fall provided that there are enough new people and capital to invest. If you look at the stock prices around the world, they keep on making new highers and there are a few harsh bears but the price has quickly bounced over the last all time high. Similar are the graphs for crypto.
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Depends on what amount of risk you want to take. High risk schemes may bring you high rewards or may lead you to complete loss as well. While balanced and well thought investment and trading strategy would have more probability of bringing you a small but consistent profit. Trading with high margins and futures would make trading as risky as gambling. People make riches overnight and goes bankrupt overnight.
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POS coins are greener as they mostly depends on online server and use no excessive computational power. Computational resource is an energy hungry activity and is necessary for many other sectors including mining. This competition of computing power has led to excessive rise in the price of GPU as well as high energy needs constrains the already inefficient power supply. Though most Chinese miners use excess hydro electric generation, people in countries like Iran and US are depended on fossil fuel for mining.
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Until many people are aware of it and it gets easier to cashout and in in crypto easily, The largest hassle is turning your fiat into crypto and crypto into fiat quickly and in fair rates. Many countries with higher crypto awareness but less influence on global exchangs like myself need to pay much higher to buy crypto which makes cross border transfers costly. But with increased P2P transactions, things would balance out.
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Many of the exchange I use do support both form of the BNB tokens BEP2 and BSC. Binance and Kucoin are the ones I mostly use. Some of the exchange only accepts the former one while I found coinex only supports withdrawal in BSC, progressive approach. Anyway, you should be sure to chose the network you want it to and confirm whether it's supported or not from both the sending and receiving wallets.
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I also randomly find some small amount of TRX and BTT on sending TRX or any tokens to and from my wallet. Not just binance, a few days ago, I sent some tron from my tronlink wallet to one exchange (ftx) and received the tron and after some moment, I received another small payment of 0.000002 Tron. No idea how it all works maybe they are some sort of fees cashback schemes or something.
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It's on the downtrend and would be for some months now. Now is the time to research about the good NFT platforms and invest in them in cheap price. Don't just jump in just because they are cheap and you've heard about them. Give time to learn about what they are and what they want to achieve and how that path would benefit the price of the token. It's just the right time to enter NFT market.
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I researched this a little more. Looks like its called hoge.finance, not hogecoin. 1% token burn, and 1% token redistribution to holders on transactions.
Seems something like ybear.finance. Though their proposal would be an anti-inflation coin but when there are no people to buy them, the price plummets. ybear.finance too was a much hyped similar coin that burned some tokens and distributed some to holders on every transaction and their price is gradually decreasing after listing on the exchange.
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NFT is a good concept and is here to stay. It's just the unnecessary hype and hype filled purchases as well as fake projects that did their work of making a bad image for NFTs. It's much similar to what happen with DEFI, though after several years, DEFI have filtered out the bad eggs and rotten mushrooms and are again at center of attraction for the good reasons. Similar would happen with NFTs, though all seems suffering at the moment, the good ones would make a comeback and would stay here to make a difference.
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I too saw that from his original post and quite surprised of seeing someone like Mark Zuckerberg naming his goat bitcoin and openly stating it. Specially someone who is careful of not promoting anything for free. His platform has been a leader in centralization and had banned crypto advertising for quite some time. This also suggest that Mark Zuckerberg do have a significant amount on bitcoin holdings.
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I can't tell about altcoins but bitcoin would never make you sad. Yeah, altcoins can be much more worthy of an investment but they are also a risk in average. That's why it would be better to keep the stocks of both bitcoin and a several of good altcoins. Be it in smaller amounts. That would make most of the adverse price moves of the coins less painful to you.
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Shibu Inu is just a hype coin with no fundamental value. It's in no way is comparable with Dogecoin which though started as a meme coin is a real mineable coin and secure blockchain. Though there are some charity shown by the team, the underlying motive of Shiba Inu team is profit through shilling. You can clearly see that on their whitepaper. I too like Shiba but the real one.
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With all these happening it's hard for me to not lose my nerves. Been trying to research the fundamentals and prospectus as well following immediate news and analyzing charts to invest in coins and something like Shiba Inu hits the top 20 by marketcap in a matter of days. Crypto market is much more of a gamble. But if you have patience and a good choice, your day would come, be late but it would.
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