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There is nothing you can do about this, not until this person learn his lesson, when it comes to money do not trust anyone, people will do you bad things when money is involved, they may come up with a cooked lie to make you leave the money and move on, you are the only one that can manage your money yourself.
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Nothing can best Bitcoin and it will remain this way for a long time, if you are talking about profits then altcoins will always do better because they have a smaller market cap than Bitcoin, if you want to maximize your profit go for altcoins instead of Bitcoin, you can make better money from Ethereum but Ethereum will never flip Bitcoin.
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If care is not taken Solana will end up dead, there are too many times that the project turned off itself, and the team failed to fix this issue perfectly, now FTX is a big bag holder of Solana too, we still don't know how this will end or play out, no, Solana won't find a nest in my crypto bag, I will rather go for Metis or other layer 2 projects.
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Friends, can you invest your money on an altcoin that have an infinite max supply? I have interest in a altcoin, it have the ability to render RPC service to other crypto project, but the infinite supply is a big turn off for me, do you think it's worth the risk? The name of this project is POKT, Pocket Network.
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If I have to choose between zksync and arbitrum I will go for zksync, I know that arbitrum is more recognised in crypto space but zksync will do better unless the team failed to handle the project properly, the utility of zksync makes me prefer the project over arbitrum, still, these two projects are going to be very profitable in a bull market, congrats to all the airdrop winners.
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Understandably this network has a competitor (Arbitrum) however arbitrum doesn't have a coin, Both networks (Arbitrum and Optimism) are built to scale ethereum (solve high fees problems etc). Optimism currently trading at $1.84 by the time of writing (feels a bit oversold). Looking at https://coinmarketcap.com/rankings/exchanges/dex/ (Dex 24 hours trading volume) Arbitrum has second largest trading volume while Optimism is fifth. So i was wondering if OP is nothing but a hyped up coin or is it good enough for the long term (3-4 years) ? Haven't made much research either, please correct me if im wrong. This optimism hype is due to multiple airdrops given by the optimism ecosystem. So most users are trying to participate in Optimism ecosystems projects. Then OP market value will increase. In the case of Arbitrum, they do not have their own token or airdrops yet. I am not recommended holding OP for 2-3 years. Do you know that airdrop is a good marketing strategy in the crypto space? So you saying that it was because of OP airdrop that's why it has so much hype is wrong, shiba inu, for example, did no airdrop, instead, they took advantage of Dogecoin's success, if you are a developer you need to make use of any possible hype or strategy that can make your project more noticeable, yet, optimism works as intended. |
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From this time on, don't expect more than an x8 or maximum of 10x from Shiba Inu, if you're holding hoping it will make another 1000x, you've fooled yourself, that's why I sold my Shiba Inu and found something else. It is now impossible to get even a 100x from Shiba inu, since the developers used BONE instead of Shib tokens for gas fees, so Shiba Inu could still make some insane gains in the future if they did this.
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I'd say that they never were a good investments. Yes, SHIB pumped at some point, but it was pure luck. I don't want to throw my money in coins that based on luck.
Exactly, shiba inu became a successful meme coin thanks to Doge coin success after Elon Musk pumped the hell out of the coin, all Shib investors should consider themselves lucky, I don't plan on doing the same thing but the hype is all we need, where the next hype will come from is still a mystery right now, maybe artificial intelligence project will do so well like meme coins in 2021 who knows? So instead of risky money on meme coins I will rather give a try with AI projects. |
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My interest for airdrops has almost vanished completely because new good projects don't use airdrops to promote their projects anymore, most airdrops are scams and I am not ready to waste my time, if you want to participate in any airdrops always ask the team because some airdrops are not official, they are traps from scammers.
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Bad tokenomics doesn't mean the project won't do well in a Bull market, all you need is good research, there are few projects with confusing tokenomics and they still do very well, some new projects later adjust their tokenomics after several complains and some do huge burnings like gala did some months back, you can never predict, so always DYOR.
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Play-to-earn projects like Altura and Ultra will do so many, many new games will come to live by 2024-2025, for example, Star Atlas and Illuvium, I also believe in Defi projects like Silo and Flash, and metaverse could do very well too if they have something to show for it, because I believe that's what metaverse is lacking presently, they are all incomplete.
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Yes, I can testify that newbies are still falling for this scam, I use Binance exchange for Fiat to BTC conversion and I have been sent fake alert twice, I don't fall victim because I failed to release funds until the actual amount of money enter my Bank account, those who did this evil act always ask for your mobile number first, they claim they needed your number in case the transfer went through and you aren't available online anymore, but they went ahead to craft a fake alert and send it to your mobile number.
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Lower your expectations, this is the only advice I can give anyone, it is possible to use 100$ to gain thousands of dollars like many have commented on here but this doesn't mean you should have such dream in mind, it could make you hunt for shit coins instead of crypto projects with real utilities.
Stay away from shit coins with no utility.
Do not invest in one altcoin and expect such gains.
Diversify your portfolio with different coins with different use cases.
Invest what you can afford to lose.
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A.I is created to behave like humans but the truth is they can never be humans, I have read some posts on the forum and I noticed that they use some A.I chat app to make posts, this is wrong and you will only get a ban if you don't stop, humans have feeling, you can feel it right away by reading their replies, and opinions or making comments, no A.I chat apps will feel real enough to fool humans that the story is been written by a human.
On this forum, there is no place for robots and bots, if you can't cope with this you don't belong here.
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There is something wrong with crypto influencers? I believe that not all of them are doing it wrong, there are a few good projects I got into through crypto influencers and I never regretted doing so, you just have to listen to the project they are talking about and do your own research on the project, buying the token or coin is not their fault, you money belongs to you and you are the only one to spend it rightfully.
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I spent five years away from friends and family, because whenever I bring up how crypto can be life-changing they always discourage me, maybe because I lost some money to few trades and I was not that good at trading at the time, I got mad one day and I left the city and move to another city, because they won't let me be and they felt I will waste my life away.
Today, I now own a home and a nice ride, I was able to get married and settle down, but now they feel like they made a huge mistake for not listening to me. I believe this was the best decision I've ever made, I was able to gathered some BTC in 2019 to 2020 bear market and also with the help of my trading skills.
Only God knows what would have happened if I never left, my mind kept telling me to venture into crypto at the time and even my own family shut the idea down.
I don't know why and now they are asking for my help, I have to do it since they are my family, and even my friends are asking for help, would you help your discouraging friends if you are in my shoe? They were my friends, but not anymore, I believe friends should be supportive of each other, am I wrong.
If you are a crypto newbie, make sure you set your mind on your goals, do not be discouraged by anyone, people can't see the future, we are not gods or demigods who can read the future, do not listen to any naysayers.
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I have made more money from Defi Finances than anything in crypto space, thanks for your concern bro, I was one of the early adopters of Curve Finance, the returns are not high yield like you claimed, APY returns per year must be around 12% -15% for me to look into the project before investing, so not all Defi projects have high yield returns .. My concern about them is the security risk.
Also USD pegged stable coins is ridiculous to me because I believe that no stablecoin is truthfully backed by the U.S dollar.
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Is it safe to invest in Defi projects that has it's own Stablecoin? There is one project I like but the thought of having a stablecoin makes me feel unsafe about the project, we all know how such projects always end up, the mess with Luna and it's stable coin still lives in me till date.
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