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5341  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Cryptos and NFTs are you Excited about? on: October 09, 2021, 04:21:39 PM
Which crypto projects new ICOs or existing you are excited about? 

There are so many IDO coming up this days that it becomes hard to keep track on them. Anong projects that launched in the last 6months, I will have to give my vote of confidence to Centrifuge protocol. It is a very new projects and already have support of Coinbase.

Although the wrapped version was what got listed on Coinbase pro still it give the project more exposure. Centrifugal is not yet listed on many exchange, I think it is just kucoin that had it before others are now listing it. It has very low supply and currently been undervalued, it is a finance protocol that is connecting Defi with real-world asset.
5342  Alternate cryptocurrencies / Altcoin Discussion / Re: Most performing altcoin for October on: October 09, 2021, 03:54:45 PM
There are a lot of promising business proposals in the world and it is really very difficult to choose the most necessary one. And now I think the most profitable offer would be to invest in cryptocurrency. And the most promising coin in October is, in my opinion, Ethereum and BNB. I believe that by the end of the year, these coins can reach great heights and therefore excellent profits can be made.

Neither of those has to be classified as the most performing, they are not even among the coins that have given huge returns in October. Most of the coins on the list has to be the meme and NFT focused coins and majority will not make it to the end of the month so you should not go chasing after them now. If you want to invest you should wait when they drop in price then you can put in some joke money because this kind of project are not safe to invest because they can disappear anytime.

Baside October is just starting and I think it is too early to start looking for the most performing coin of October. If you are looking for the most promising that can be understandable but this you ask for is impossible.
5343  Alternate cryptocurrencies / Altcoin Discussion / Re: How you choose projects for investment on: October 06, 2021, 08:02:53 PM

Do not get deceived as all that does not guarantee success of the company. We have seen several projects with even more impressive teams not succeed and that of unknown teams are doing very well. The good thing about this strategy of yours is that, it will help avoid scamming project but not the best return of investment as that is not how this industry works, the higher the risk the more the reward.

When it comes to investing in altcoins, what I focused on is the utility of the project I want to invest in. I take out the fact of it been traded and trying viewing the project outside of the market and useful it will be, before investing.
5344  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano Price Analysis. on: October 06, 2021, 07:41:17 PM
Of course it will be at $3 in a few years but unfortunately  it is going to $1
At the moment it's still over $2, so how do you say Cardano will be $1 ?
Have you not seen the price of Cardano in the market all this time or just want to say this as entertainment only for discussion?

What he is trying to say is Cardano is overpriced and the price he wrote is the real value. He did not have any backing for that so I would not be supporting his claims but there is no doubt that most altcoins are currently overpriced including Solana and the meme coins. The bear market will take all this project to their rightful price and some might even end up been worthless because that is actually their value.

When this coins are been pumped, if you want to invest do not follow the pump as you might end up buying at a very high price and might not be able to recover because if the corrections that might follow the market.
5345  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about the NFT hype? on: October 03, 2021, 08:32:54 AM
Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?

No it will not last steadily the pump and dump scheme will be reviewed as more fraudster are been caught hiding behind the hype to launder money. People are manipulating their own NFT, so they get the best deal in the market. Also those buying the NFT costly are usually themselves or people who know them. The NFT is too shady to last long. Do go throw away your money buying arts others can just copy and create something similar or exact

Instead go invest in real project that is going to have a future due to their contributions to the industry projects like Bitcoin, Ethereum, Solana etc or better still go into Defi project that have promising future like decentralized exchange e.g uniswap etc
5346  Economy / Exchanges / Re: Binance exchange KYC update on: October 03, 2021, 07:52:45 AM
Finally it looks like binance exchange is planning to compulsory KYC verification?  Shocked I saw something like this on their platform yesterday, is this the end for those who still trade and withdraw without KYC verification? This is coming around 15 October or 19 🤔 I can't remember the date again, anyone aware of this?

Binance exchange is getting attack by regulatory bodies (the government) and as such are required to make verification mandatory to all participants that what to use all the features of the exchange. If you want to continue using Binance exchange you have to complete your KYC before the date they stated although you can still withdraw your coins before then and I will advise all that is what everyone that do not want to submit their KYC to do.

For others too like verified members just withdraw your funds from the exchange because nobody knows what the outcome will be. If you have bought a coin for trading purpose, go store them on your personal wallet for the moment because a serious crackdown on binance exchange might be around the corner and no body knows how it will play out.
5347  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't trade using instinct on: October 02, 2021, 11:18:12 PM
Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley

I believe you meant Binance coin when you said BSC, BSC stands for Binance Smartchain just for corrections. And instead of trading your BNB for other coins why not just hold unto it. BNB will be very valuable in the future, the next bull run might see it trading above $1000 and you would not want to miss that. There are not many promising altcoins left that can give you the profits BNB holds in store so keep hold of your BNB.

If you seriously need other altcoins then buy Solana and some Ethereum, this are the coins that can guarantee you profit, the rest are high risk as anything can  happen to them and they will not be able to recover.
5348  Bitcoin / Bitcoin Discussion / Re: "cash in, cash out" on: October 02, 2021, 10:56:17 PM
What ever way it works out for you no problem. Not everyone has the patience to hold for long. People are also satisfied with the small profit they get no matter how small which is why they simply cash in and cash out. That you are holding for long does not mean your better than them. We all have different priority in life. Provided nobody is losing I believe it is a win for Bitcoin as it was created to give the minority a chance at winning, which we are now doing.

Bitcoin was not meant to be a asset, it was created as a currency but due to her unique features it does have characteristics of assets as such used as one. There are other good and relatable investment that are good alternative to bitcoin that people are also into etc
5349  Bitcoin / Bitcoin Discussion / Re: Do you believe BTC can be attacked? on: October 01, 2021, 05:54:50 AM
I am no veteran but I have read previously that Bitcoin also had some bug when it started that could had been a big issue now if it was not found then and corrected Immediately. Most of the new blockchain could also suffer same mistakes at their early beginning but why theirs is hurting now is because the industry is now global and there are scammers waiting on such mistakes to capitalized on therefore project should not risk their reputation and carryout proper auditing and this show be repeated frequently.

Back when Bitcoin started, you could risk this kind of mistake but now it will hurt you more considering there are many competition out there, if your blockchain is found to not be safe, it will be hard to win back the trust of the community as they will just easier move to a more secure blockchain.
5350  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: September 30, 2021, 07:57:03 AM
Does it matter what Bitcoin is, it both a currency and an asset. The most important things about bitcoin is that it is freedom and can be used in anyway you want. Bitcoin is the freedom the government do not want you have which is why they are trying all their best to end it but have not been successful because you can not kill what you can not control and Bitcoin is not controllable.

If you want to use Bitcoin as an asset, you are free to do so same as using it as a currency. You can also use it as a savings account. Bitcoin is financial freedom which is why it can be used for different purpose while still been in control of your finances.
5351  Other / Beginners & Help / Re: Two strong policies to save your being scam on: September 29, 2021, 10:59:38 PM
1. Nothing is free in the world, so don't expect anything for free.

We have so many things that are free in the world, the air you are breathing is free as you are not paying for it. Take a visit to the hospital to see how much per hour people relying on life support are paying for their oxygen that you are breath freely. In the cryptocurency space, we also have things that are free and they called airdrop. Now I am not taking about the airdrops that requires you to waste your time promoting them with different tasks they give you but those that are actually doing genuine airdrop.

While we keep saying airdrop are not worth it, people have made thousand of dollars from UNIswap airdrop, dydx airdrop and so many other airdrop. Do not just chase after the worthless airdrop that should be the advice but participants in genuine ones should be encouraged like if you see an exchange doing well but do not have a governance token, best you can do is make some trades on that exchange so as to be eligible or an airdrop if they come up with one in the future.

5352  Alternate cryptocurrencies / Altcoin Discussion / Re: Worthy Airdrops on: September 26, 2021, 10:02:14 AM
Let put it this way, the airdrop of today are strategic airdrop that reward real users of their platform and not those asking you to promote them for worthless tokens. Check out most of the profitable airdrop of today came as a result of using their platform like dydx, uniswap and the countless Defi related swap decentralized exchange airdropping their governance tokens to those that are using their platform.

We also have those airdropping their tokens for simply whitelisting your address during their early days of introduction to the industry. Do not waste your time on all this airdrop asking you to tag all your friends, retweet all theirs tweets and do all sorts of free promotions, usually they are worthless even though they finally send you the tokens.
5353  Economy / Exchanges / Re: Binance NonVerified Account? on: September 26, 2021, 07:08:10 AM
In my opinion all the data is safe with binance if we have our account set up for extra authentication. If that concerns everyone!

That is what they want you think initially, just wait with time we will begin to see all type of unacceptable behavior from the binance team and it will already be too late to do anything by then. The government are playing a more bigger game here. Soon they'll start going after individual with the details binance has, you think binance will say no to the government when they are seriously trying to get them to like them?.

I'm disappointed with CZ recent decision although he still has the best trading platform out there but lets not forget we have other alternative and if they can give us what we went without having to sell out our private details then why not use them.
5354  Bitcoin / Bitcoin Discussion / Re: Twitter to pay content creators in bitcoin on: September 25, 2021, 05:13:05 AM
I wonder how long some of the other social media sites are going to leave it before integrating Bitcoin in some way?

The government are does preventing this from happening, this CEO knows the government are against Bitcoin and do not want to get on the wrong side of the government because of the regulations and penalty that might follow for promoting Bitcoin in their social media. But CEO that are maximalist are not concerned which is why Jack Dorsey is doing so good in creating more awareness for Bitcoin.

The hype on Bitcoin is so huge that all CEO want a piece of it, you can see all what Mark Zuckerberg did to get in on this hype but failed due to the government not approving. I believe other social media CEO are passing through same challenge or maybe they do not just care.
5355  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: September 24, 2021, 06:12:29 PM
China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens.

Yes and again water is wet so what is new there, China just use this same old trick and news to manipulate the market when they want to get into the market. Did they not ban it in 2017 so what is different now. China needs to realize the market is bigger than them and their stuns would not work this time.

The market is now more mature and even though there'll be a short teem panicking, that would not last long. The market always recover and trade at a more higher price, this time would not be any different.
5356  Bitcoin / Bitcoin Discussion / Re: Why is telling people you're into stocks "cool" but crypto is a big secret? on: September 19, 2021, 08:41:17 AM
Ever noticed how people would boast or proudly proclaim (or at least used to) that they invest and trade stocks, but they don't feel the same way about crypto, as if it's a secret never to be shared? Why is that?


Mostly because crypto investors are seen as gamblers or ponzi investors and no body whats to be addressed that way and such thoughts are misconception but the society has made it seems like it is true. Around the world, most government are attacking this currency and if you do not want to be a target then it is better you stay hidden and just be making your profit peacefully.

Beside, the new thing now is not to brag about your source of wealth, back in the days when stock and forex trading were not that accessible, thoes engage in this act see themselves as the most privileged so they boast about it but now it is very easy to trade especially with cryptocurency everyone can get involved so there is nothing there to brag about.
5357  Economy / Speculation / Re: What make people panic sell? on: September 05, 2021, 06:44:12 AM
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

People do not sell because they think it is going to zero  that was back in the days people thought that way now everyone selling is doing so because they are trying to avoid losses when the market is experiencing corrections or those hoping to be in the best position to buy more coins with the same capital they had when the market was bullish.

Everyone has different investment strategy so while yours could be holding until a price has be reached, others could be trading for more coins especially when the markets is looking bearish.
5358  Alternate cryptocurrencies / Altcoin Discussion / Welcome to the last quarter of 2021, prepare for the profit coming. on: September 01, 2021, 05:16:33 AM
Today marks the start of the last quarter of the year in cryptocurency and this  is when the profits usually comes in at its best considering if the year was a bullish one. You'll see new token gaining popular so will the scams so we have to be very careful. Choose your investment wisely as this could be the last quarter to experience profit before we enter a bear market next year.

Do not be of the opinion that a coin has already increase in price therefore it can not increase further when they are quality projects, such mindset should not make you go searching for new gem and end up buying into Scam coins instead explore more possibilities in those well known project. Project like Solana, DOT, BNB, BTC, ETH can still give you good profit and you investing now does not mean you would be profiting less.

They are better option than most of the overhyped project that will come up this quarter just to deceive you to investing with them. Like I said, choose wisely because this is likely the last chance to get into quality project before they achieve new all time high for the year.
5359  Other / Beginners & Help / Re: Share your costly lesson about cryptocurrency.. on: August 21, 2021, 03:23:48 PM
My costliest mistakes in cryptocurrency has been from trading which is why I spend time trying to advice those that are in that field. Trading is not gambling, the newbies coming into that field have to understand this. I misunderstood the market before now and it cost me alot which made me depressed but I am all good now as I began wining again. I wrote some advise on my posts and it'll be helpful for those wanting to be traders, 

When I started trading, I did most of guess works based on previous records of the coins I was about trading and it worked out for me so I continued until I lost both my capital and profit. It was then I realized I was doing it all wrong and had to spend money on my learning process. Many people are still making similar mistakes and if they are not advised they will end up regretting. My lost was $500 capital, the profits, that I can not recall but I did not keep track after I lost them all.
5360  Economy / Trading Discussion / Understanding how the market tricks you and how to prepare against such tricks. on: August 13, 2021, 10:22:58 AM
For everyone who has spent something in the market, you'll realize this situation I'm about to describe below to be 100% accurate. The market always has some tricks to throw at you, that's why we're advice to understand the market very well before wanting to earn from it or you'll lose. Have you notice whenever you're in profit, there isn't always a need of money that very moment which then make you think of exciding your initial target, in other words you become greedy and want to make more profit.

Now the story is different when you're in loss as that's the very moment you'll be in need of urgent cash, which will make you likely want to sell your coins off in panic to avoid further loss or use the cash for something else. This is usually the market tricking you. Assuming there was no active trade, there's every possiblity you'll find that money to solve that problem from somewhere else but no the market will mess with your mind to make you think selling is the only solution to this problem.

You can avoid been in such situations by simply listening to the advice giving of not investing money that might be needed urgently and secondly always securing profit to help in situations like this incase they araise when you're in that tight spot (having a bad trade). Take notes of this advice and you'll be one step ahead of the market.
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