I don’t believe in Elon’s bs, he’s only playing in crypto market and don’t take it too seriously when he tweets about Dogecoin. I will only believe him if he helps Bitcoin miners with ecologically efficient mining if he’s really want to contribute in crypto space, because if he keeps pushing the meme coin he’s only a bug joke to the crypto community.
I had also enough from Elon trolling so many new people. Doge is and will be meme coin. He sees the future of crypto but I think he is too busy to invest more time in it beside troll tweets. |
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Who did an exit strategy before the worst dip?
I did not. And it wont makes me worry that much as Ive seen this market situation before. And what makes me confident about crypto volatility is that it tends to recover after few months and will go bullish again. If youre a long term holder and you have experienced many dips before, this wont affect your belief of acquiring profits. Exit strategy is made with a goal that token will reach some price point. I look that in that way. The dips doesn't affect that. Also there are ways to make exit strategies in bull run and that is other thing in general. |
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ICO are now no longer in demand, many investors are no longer interested in ICOs because there is no token locking and there are many scam projects that take investors' money away, and now what investors are interested in is Private Sale, Public Sale, IDO and IFO
I agree with you ICO's time has passed but with demand being low and scammers moving to other things maybe there will be a time soon where ICO's can come back. I know it's not likely but there is a chance that to happen. |
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I signed up to binance without a referral code, now I learned that had I use the code I would have gotten 20% discount in commissions, can I open a second account with same docs
You could get it but create another new account with different documents or don't do KYC for the 2nd account, my friend use a dummy account on Binance for using future trades and used my code for registration, there is commission being sent when he is doing trades. Take note he didn't do kyc since he is using a dummy account only. I think you could possible get over with creating other account... With amount of people being registered every day there must be a lot of people who are making second accounts. |
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The only thing that I would consider stacking would be Cardano. You can get 5% on annually and you can remove coins from pool whenever you like.
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Well for day trading using crypto cipher can be pretty usefull. But even with that you need to make your own decisions and follow general market movements.
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It's not imagination I have some friends that have kept for even longer and still aren't selling. So there are people with diamond hands.
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You can find a lot of free good bots that can do the job for you. Some of big youtubers have free bots so maybe using some of them is a good option.
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I'm already doing that with some of my friends so I don't mind being able to chat with more people about crypto. You can send me a pm and we can make something happen.
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Is it clients that pay you to do it or some friends that want to invest and you are doing them instead of them. I know in my country it isn't easy to get those papers if you are not in that type of business.
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In reality, we have no choice but to trust the centralized markets. However, I hope that in the future, we will be able to do away with them, at least in terms of trading and holding on the exchanges. All cryptocurrencies should be available on pancakeswap, uniswap, and other related exchanges, according to me. So that I don't have to worry about getting blocked when I trade.
I think that it will come with time. Right now we are not ready yet for something like that since the fees are getting too high. But when when we switch from proof of work to other types we will be close and that is going to happen in next couple of years. |
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It is really sad to hear stuff like this. I hope stuff like this don't happen anymore. Please people learn from other people mistakes and invest only what are you comfortable to lose.
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Nothing can be done there. Happened to me too couple of years ago. Try not to be too sad about it and be more aware next time... Maybe using Linux for crypto would be better. I have double boot on my laptop since then.
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Why NEM? Hold BTC and ETH to see what happens in the next five years time, they never disappoints, the best coins to hold for many years to come is the king and queen of crypto, every other coins can lose it's position easily
Agree. The two most appropriate choices for people who want to store their assets for 5-10 years, five years is a long time to hold coins. For long term investment in crypto, I think you have to monitor the coin's progress continuously. You can search for the community group or follow the project's social media, so you can know when the project is no longer suitable to hold. Well of course BTC and ETH are best for storing money for long term if you have a larger amount... I'm not rich guy so I rather put 100$ on some small cap projects and wait since there I have bigger chance of getting that x100 with of course larger risk. |
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Binance is not to big to fail, Infact, no company is too big to fail as long as crypto is concerned, even in the outside world, I still don't think any company exists thats too big to fail, a simple or small wrong move can cause disastrous damages to the company, but speaking of binance, binance already have too much power in the crypto space if am asked, and sorry to say this but if binance fails, it will sure affect the entire crypto market in the worst way, but the thing is that the market will aways recover later, but then, the fact is binance will affect the market much more than we all can ever imagine, I hope in the future, more great decentralized or maybe centralized exchanges spring up that will take some power aways from binance and the likes so no exchange has the power to affect the market if the said exchange goes down.
I agree with you that every company can fail and go bankrupt but generally people go for safest option. Binance is the best in that regard in crypto space and I hope too there will be some other big exchanges like that in future. |
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It is still better to do the organic way dude, unlike copying others strategy here in crypto space.
In short, don't just get easily believe in the influencer explanation about in trading on youtube tutorial
video, because most of them are not telling the truth and mostly based on their opinion and assessment
only for sure.
There is no wrong with copy trading, it is very important when you are new in trading and still on the way of the learning process. Because in trading, is not all about if you have your own strategy or you just follow to someone but the most important is you will see that you are in profit, you can see yourself that you are improving the way you make trades. In fact, many people had made their own way, creating their own strategy but why they still never succeed? I could say that better to play ourselves the way we are comfortable of doing it either copy trading or not. at least we can combine copy trading and strategies that we do ourselves so that we can profit or minimize losses on the trades we do. selling strategies when the price goes up and buying when the price goes down is a method commonly used by all traders, but for our trading to be more varied we can combine the methods that have been given by others if we are comfortable with it. I think it isn't just copy trading that it is more like hype trading. Crypto is still usually hype driven. So being early and following the hype will make you a good profit almost always. |
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My trading strategy involves buying bitcoin or any promising coin and just hodl, wait for the price that I have set to sell and the prices are pretty ambitious so it really takes a long time before I can ever really take the profit.
That's the basic and best strategy. The only thing there is being able to have diamond hands being able to hold for long time. Emotions and life problems change and having that settled so you don't need to sell is also important. |
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Yeh I really want tesla to accept doge Coin because when tesla accept doge coin. It will be the revolountory moment in the history of doge coin. And due to this best step the doge price will go to moon and I know it will easily cross 1$ price. And will take position in the list of top 5 CoinmarketCap coins
it won't happen most likely. Elon like to troll and DOGE being troll coin it fits perfect with him. On business side he is to big of a baller that he can do something like lose money of accepting DOGE. Maybe he will accept deposits in DOGE like 100$ which was for cybertruck etc. But big money I don't think so. |
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That is why there are people losing money in bitcoin trading. We should be careful because there are countless outcomes. However, this does not mean we must become more skeptical or hesitant. Trust yourself and instinct. Also remember to manage you fund accordingly. Confident but not reckless. Understand the risk and also the reward and you will be a consistent winner in this big major game
Mastering trading is what people dream of. That is my target. One day, I will be one of the best in trading who is able to make money while sitting at home
That is my end goal too but it is harder than it looks. I have kind of a opinion that with trading we learn again and again same things when we raise up the money invested in it. That emotional control is really important. |
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even if the chia mining seems interesting and palatable, it is necessary to take into account that to create the plots you have to use ssd that risk burning, and then move to the hard disk, certainly 40 tb are a considerable investment, at least for me so i think it is not convenient at the moment perhaps with the arrival of the pools i'll try
I was thinking about investing in it but I came to same conclusion like you. I think it's too early to invest a big amount of money at the beggining. We can't know what will happen in next couple of months since our 40tb can be small amount to mine and we can end up with losses. |
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