~nipped~
It seems the alt season is coming close since memecoins are started to move after this narrative tokens will be next in line. I think alts will bull very well this circle, having in mind that they didn't in the last bull rally of Bitcoin in 2021. I'm waiting for a repeat of what happened in 2018 with alts. It was an eye opener for me then how supposedly tagged shitcoins turned profitable. Again, we've to acknowledge that some of these memcoins are the creation of some chains to relaunch awareness for their native coins. They may not all be the works of some scam devs somewhere. They've got backings. We've seen Solana et al have been utilizing that narrative. I do think BRC20/DRC20 will be a leading narrative this rally after Bitcoin is done with its rally. Perhaps this Bitcoin circle will produce the highest run as we may not have another like it as regulations continue to tighten up things.
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He said he if he knew it was going to be that way he would had had used the money to buy anything at the rate of $1 for the $1,000 just to make sure he gives achievable account of the coin.
In this industry, everyone has got their "Had I known" moment. If you haven't got yours, don't worry you will soon get it (them). It's the baptism you need to gain that experience a lot of us talk about. Some can be very expensive a price to pay while others will be less. In all, we pay for attention and experience. He has decided not to invest on AltCoins again but just of recent he said he wished he had invested in the AltCoins this time due to the attractions of AltCoins as the results of the current bitcoin bull runs.
This is a case of stand for something lest you fall for anything. Your friend should go and learn Technical Analysis (TA) and quit trading on guts feeling. It will continue to burn him until he learns the rudiments of Support & Resistance with Demand and Supply zones. WHO AMONGST US HAD ALTCOINS THOUGHT A HARD LESSION IN THE PAST.
The lessons aren't from altcoins alone. Bitcoin too has also taught some people hard lessons they may not quickly forget.
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There will be a temporary massive panic in the BTC market if/when Satoshi starts to sell his huge pile of virgin coins. This will present a great opportunity for people with the guts to go against the crowd. The damage could be more severe and long-lasting if it combined with bad news related to the on-going post-FTX drama, and more countries "banning BTC", etc. Our bear markets get pretty predictable after a while, but the FTX hangover is real and not over with yet.
What if also coins are moved out from other wallets to the Genesis wallet or any other wallets rumoured to belong to Satoshi? What do you think will happen to the price of Bitcoin? It will spike, right? Well, I would think that if coins begin to get sold from these wallets now that we're in a bull run it won't cause much panic. People will hardly notice it. Panic might come if it were done in the bear season but definitely not now.
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~snipped~
Exactly the comment I was looking for (Uniswap Airdrop). But bro! You got it in two wallets? That’s crazy! I am now imagining people who had up to 4 or 5 wallets. And let’s assume they kept the tokens up till now, it’d definitely be a huge sum of money. I wonder how they were able to make that airdrop happen because millions (if not billions) of dollars was shared. Airdrops today will ask you to follow all their socials and maybe even tweet about them so they can give you $2 but Uniswap never asked anyone for anything. Uniswap airdrop took everyone by storm. It was silent but loud, paradoxically saying. A seamless engagement that many didn't even know they qualified for. It's not like what we've now with projects stressing the hell out of airdrop hunters before rewarding them with peanuts. I didn't participate in the Uniswap stuff because I was critical of airdrops then and thought it would amount to waste of my time. My view and opinion on airdrops have since changed. I became interested in airdrops this season after I saw what Avive did and I followed suit with Ice Network. I haven't got much from airdrops yet, I know more are coming that will reward my engagements.
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Now if you click on any of these links, can an antivirus scan your computer and confirm 100% there is no malware or virus or keylogger or no antivirus does that? Thus I'm talking about kaspersky total or norton or bitdefender. So if you ever click on any of these links by mistake, do a full scan and remove anything that it finds correct?
I don't trust any antivirus works fine. The few times I had it on system a few years ago, it didn't work fine. Despite antivirus being installed, I still had virus infection on my system. Some said it was because the virus was stronger than the antivirus I had installed. Whatever that trash meant. I'm talking about the era when late John McAfee's (yes, the same McAfee who later went into crypto) antivirus was in vogue. The thing is I know many people click on links because they get phished thinking it's the real coinbase or whatnot but many times you can easily click on it by mistake especially when it comes to youtube and twitter. You could be watching a cooking video even on youtube and a comment could be talking about crypto or someone posting a cooking link and well it's malware right?
As a rule of thumb, I don't click on links I didn't ask for. If I've supposed business links sent to my email, I don't hastily open them without verifying online if there's any promo or discussions around such. If I can't find, I forget about it.
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Well, for me, any investor who knew of Bitcoin in the last circle, witnessed the last bull market and had money to invest but foot dragged till this moment is the one who should be addressed as a fool. It's like those of us here now who are going to be witnessing the bull run but will become skeptical investing during the bear season after this bull rally. Those ones will effortlessly join the fools' club too. Why wait that long to invest or reinvest in Bitcoin when we've seen historical data and known of it's performance if not out of fear? That's my submission.
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I advise everyone to have antiviruses, I haven't had one yet. And also, in no case do not click on links in suspicious emails.
I don't think that's an issue antivirus can solve. Malware don't just happen on our systems/devices. Before getting an antivirus for our device we've to first be the security we seek outside and that's where your second advice comes in. It's a notable thing to do and I think newbies (maybe some old members too) should pay attention to that. Don't click on every link sent to you. Be sure of the source first before exercising your fingers on the keyboard. Be weary of anyone hastening you up to do one task or the other or even an investment. Once you spot any level of impatience with them, that's when you should slow down. Don't allow anyone hurry you up in this space. That's one of the weak links scammers like to explore.
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If only we know how bad the economy is degrading globally, we would want to push ourselves to our limit and focus on that our skill or business. Taking it up to the next level.
That's apt and an honest truth. The economy "isn't smiling" at all and it baffles me when people aren't getting skills or sharpening the ones they already have. They think getting certificates from tertiary institutions takes care of getting them lucrative jobs or better their state of living. Maybe in the past it did but not any more, especially the way things are going. Now, we see the need for skills to getting things done. I think anyone in this space should expand their horizon to include various online businesses and maybe include trading skills too. Don't just buy Bitcoin or alts and keep, we should also learn how to flip them for more gains. Knowing that is a skill that puts food on anyone's table for life.
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OP, this type of matter is best discussed at the village square, nor be for UN summit or G8 or G20.
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~snipped~
Sounds like Snoopdog. Nope, not Snoopdog. The subject of OP's content is a Nigerian musician, except I missed it.
I first heard of that gist from ID Cabasa (smart and intelligent dude) on Nedu's podcast and I was like, "what the heck did I just hear?" Anyway, it's the musician's call to make. It's his shinning hour and he's got the world at his feet at the moment. Nonetheless, he shouldn't also forget that the same world he's got now is the same world that will mock him when he begins to dwindle in his fortunes. For me, I think what he did even goes beyond that refusal of his to putting out a persona of him that he's too picky and arrogant. Of course, he's. Judging by his interactions with other celebrities lately, one can't say otherwise.
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I know that the current Bitcoin ATH stands at slightly over $69k and until it crosses that I will continue to maintain it hasn't formed a new ATH. Those who are judging it based on fiat equivalent of their local currencies and espousing that it has done a new ATH got me confused initially until I checked coin site to find out Bitcoin hadn't got to its ATH yet. Expectedly, price will get there before next week.
We're all excited, and understandably so. We stayed in the trenches for this a long time and some of us became laughing stocks to our peers and relatives who would jeer at us and make remarks whenever price dipped. Now, some of them are coming back and asking for help on how to invest in it. I've seen this scenario play out in previous circles and I know for certain it will reoccur in this circle too. These people buying on FOMO will definitely be trapped because they're going to buy the top.
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Hello everyone!
I'm excited to join this forum and become a part of this community. My name is Alec, and I'm thrilled to connect with fellow enthusiasts in this space.
Welcome, Alec. You came in at a good time, seeing that the market is rallying up now. As expected, there's often an influx of entrants at a time like this because of the noise from the bull rally. The so much excitement in the market causes many to FOMO and that keeps pushing price upward. My advice to you is that you shouldn't allow yourself be carried away by the so much noise and excitement in the market now. It's not always this rosy. Be circumspect in your investments (if you've any to make in this space) and always remind yourself never to invest any money you can't afford to forget. Don't invest more than your capability, no matter how certain of profit anyone tells you it will give you. Nothing is that certain in this industry.
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The likes of Tidex and Bitrue tokens haven't got the level of attraction HT, KCS, BNB or OKB has got because those exchanges themselves don't have much patronage. BNB is where it's today because of the type of traction the Binance exchange has, coupled with the incentives it makes for subscribers who transact using its BNB native token. You've to give out something to get something. That's a cardinal principle of life.
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I would like to know your opinion on CEXs and DEXs: - Which do you prefer, CEXs or DEXs, and why?
- For CEX users: Does KYC concerns impact your choice of CEXs?
- For DEX users: Do you believe DEXs have the potential to completely replace CEXs in the future?
My candid opinion: 1. I prefer Cexs to Dexs. The simple reason being that Cexs afford us a wide range of trading pairs which Dexs don't have; at least, for now. 2. What decides my pick of Cexs isn't whether there's KYC on them or not but the strength of their daily trading volume and trust score. I don't do any Cex that's below 7 on trust rating. 3. Dexs replacing Cexs is a tall order. For me, it's a near impossibility. We can only begin to think of Dexs measuring up to Cexs first when Dexs show that ability of allowing traders place pending orders on them. That pending buy or sell order is very crucial to traders. Sadly, Dex's lack that.
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We were usually advised to save money before because to invest then you had to have a good amount of money, and to get this money, you had to save up for it. Saving may not make sense now because there is the opportunity of investing from any amount you have.
Yes, given the present situation in our country, it's not ideal to save up money. The best way to retain whatever one's trying to save is to invest it and face the risk of either it making profit or going into loss. If it's kept as savings, it has only one direction to go and that's loss because it's definitely going to be swept off by the forces of inflation that's ravaging the country now. Like user franky1 said, – "savings is not about wealth creation..." I believe them on that.
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Until now I still hold it with enthusiasm because I see the price of BTC which has gone up high, but yes it is not easy to hold my BTC until now and after seeing and learning a lot from members of this forum I am again enthusiastic about holding BTC for the long term and I want to hold my btc until the Bull run later.
Congratulations are in order for you. You've hedl till this moment, I don't see what will make you not hodl till the end of the rally or at least into middle of it. You got in at a very good level and must've seen more than 3x on your investment. I got in a bit latter than you did and I know I'm hodling till Bitcoin crosses $100k before ever thinking of taking partial profit. Anyone shorting Bitcoin now is setting themselves up for a great loss. Keep hodling.
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~snipped~
To be honest, I've no sympathy for the man in your story. He had that enough ETH but couldn't take out time to study various ways to safeguard his wallet. The joke is on him. I talked about burner wallets in one of my posts today and why it's necessary to create one. How do you link airdrop activities to your main wallet? That's really dumb. Even when the victim observed certain abnormalities while signing the transaction, he still went ahead to authorize it. He asked to be scammed. That's what it looks like. Anyway, I hope he learnt a big lesson from that to equip himself for further scam attempts to come. Everyone should take heed lest they also fall into the same trap. Activities of scammers do increase greatly during bull run and that's what we've begun to see now.
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It's the same thing that normally happens when I click "All" (pages).
I get the cloudflare thing always too whenever I click (mistakenly, though) the "All" tab. If I open it page by page, it doesn't happen often.
To be sincere, I don't think cloudflare is affecting this forum only. For the past few days now I've been observing it happening on Coingecko site every time I try logging in. It irritates the heck out of me. Notably, that doesn't happen with the app version of the site. The CG app functions very well without the annoying cloudflare blocking it. Perhaps this should be a wake up call for this forum to get an app version of this forum, instead of what we've now.
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I have read several posts encouraging people to hold their bitcoin for the greater good of bitcoin and probably more reward in the future.
The type of hodling being talked about in that context is a momentary one just to create demand and cause artificial scarcity. It's not the forever kind of hodling. The forever type is injurious to the growth of Bitcoin. What gives any goods its value is the interaction between buyers and sellers. It's the same thing with Bitcoin. If everyone hodls Bitcoin without selling at all, it will cause Bitcoin to become worthless just like it was in the beginning before the 10,000 BTC for two pizzas event was initiated. Hodlers don't help the activities of Bitcoin. It's the activities of buyers and sellers that evaluate for us through market forces and interactions.
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Accepting bitcoin as a legal tender wouldn't change the economy state of a country.
I strongly believe that too. We've a few countries that have tried such as examples and we know how badly they've faired in that regard. I think it's better not to make Bitcoin a national currency but allow citizens to indulge in its trade without restrictions. That way, even those who aren't employed by the government or private sector will be independent on their own. They won't be dependent on anyone but can trade and earn income for themselves. This is what Bitcoin has been able to do for many of us. To make a volatile asset like Bitcoin a national currency won't be a right move.
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