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You're right, avoiding and not supporting them is what we can do. I've seen those stable coins that are no longer stable and their value have dropped a lot. So, kind of avoid those for your own safety and if you're taking profits and keeping them in stable coins, don't be too reliant on much with them but always choose what you think is right for you. Because keeping wealth and profit in crypto is a serious thing, one won't sell his bitcoin as that's his way of keeping wealth in profit so, if there are other things aside from using stablecoins for keeping your own money, wealth or profit, do it but not with this.
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I just don't get it. What puts such a intense hype on meme coins?
Money. What is the use case scenario for all this?
Making money = trading. I see a very interesting SOL project listing all these new Memecoins like Slothana or Dogwifhat and just dont get the actual use case for it? I mean, dont we have enough memecoins on the market already with DOGECOIN or SHIBA INU? I hope someone can help me to unterstand this  Yes, we've got a lot of memecoins already but the community doesn't have control of the limitation for the creation of the new ones and that's why they keep on coming. Once the trend dies when many of these memecoins will start to decrease on their value, many investors will be off and gonna avoid them. Or much worse is when scammers also flocks into creating meme scam projects just as the NFTs and other projects famously known for rugpulls |
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As for faith, it is nothing without works and that's why you need to take risks and have that faith and let all do on its own. Having that mentality of being a fighter means really a lot to someone who takes risks because that gives them the idea that if the result comes out so good, it's all credit to them. But if not, then it's all about the lesson that one can learn from that and it is making that person stronger because he's not scared of taking them.
Plans wont really be materialized on the time that you wont really be taking any actions on which it would really be that something that would really be that understandable that if you are really that trying out to achieve something then you should really work for it because if you cant really be able to make yourself that having that effort then there's no way that it would materialize. Somehow there are really indeed people who are really just that contented on what they do have now even if they are on a state on which they are really just that making money for their food on everyday without even trying out to wish on having that something better then they would really be just simply that idle. If you are someone who do have those kind of hopes and wishes in regarding on having a better life, then you would definitely be thinking up on what are the methods or ways that you could really be able to achieve such state.It is really just that a matter of on how you would really be taking up such action for you to be able to achieve into those goals that you have set out. There are ones who are really that finding those methods no matter what. The methods that you'll do varies and it's up to you on how you'll materialize with those plans and methods that you've got on your mind as you try to risk. With all of the inspirations about taking risks, they're also helping to push someone who's not good at it and that motivates them that taking risk is essential to gain something that you plan to have. If you don't work hard for it and you're not thinking of the ways on how to change what you've been used to living, there won't be a lot of gain for you. |
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Nothing will work if you only rely on faith, which means you also need to really have a fighter's mentality, which means having the mentality of never giving up and also having high confidence in risk-taking decisions.
As for faith, it is nothing without works and that's why you need to take risks and have that faith and let all do on its own. Having that mentality of being a fighter means really a lot to someone who takes risks because that gives them the idea that if the result comes out so good, it's all credit to them. But if not, then it's all about the lesson that one can learn from that and it is making that person stronger because he's not scared of taking them. |
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LOL, I've already seen how much I've got with the few hundred USDT that I am able to stake. Not bad at all when that gain will be until the deadline. I am not expecting at all since I don't baghold ethena but you know what? free money is free money, right? An additional to the USDT that I have when I will claim the reward from this staking.
Well it depends also I am staking ena to earn ena not usdt. I joined on their launcpool with maximum ena that can be joined which is like 5k tokens not sure if VIP level can stake more or 5k tokens are fixed. Giving me roughly 100ena more or less. Nice, you surely get the maximum with that and that's a lot of money that you're getting daily. And staking with ena is giving more and double staking reward than USDT. Just a few days left until the farming of ena ends on bybit and that's certainly free money for all and those that have staked a maximum amount of ena that gives more percentage from the very percentage are surely happy with it and so I am and was able to stake before it ends.  |
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LOL, I've already seen how much I've got with the few hundred USDT that I am able to stake. Not bad at all when that gain will be until the deadline. I am not expecting at all since I don't baghold ethena but you know what? free money is free money, right? An additional to the USDT that I have when I will claim the reward from this staking. Ive seen the progress of the daily yield from launchpool not bad I could say and its giving me 100 tokens of ena daily. I think bybit is good platform for launchpool like Binance especially when binance was banned on our country we need some replacement for that. By the way mate have you received additional 20% from ethena airdrop? It seems they only given to some users probably top 2k wallets.
Mate, how much you've got staked when you're receiving that lot ena? |
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Obviously, trading isn't for beginners. But how can the beginners trade if they're not going to try, right? And that's why if they're going to try it, they should be aware that it is not going to go accordingly to what they're thinking. And as usual, they should expect the least with their trading results because it's not the perfect thing the newbies can do. Most of you guys will fail and just as we when we've started to trade. That's fine, the learning experience is such a great gain and your mind is also upgrading because you're able to take more risk.
While there are techniques that give you an overview of trading without investing any money like paper trading. But it's important to understand that real experience comes when you jump in with real cash. So one can't learn trading without investing money and its also impossible to avoid loses at very beginning. The solution to this deadlock is start with small amount or something you can afford to lose. Don't jump in with huge capital. Yup, the real money should come with real cash and trading. Those paper trading or demo accounts are purposely made for testing them and for the newbies to be familiarized with how trading works. If someone starts out of nothing and literally from zero, it will take time for them to understand the whole concept of the highly volatile markets that they're trading such as with the crypto market. |
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Sad to see such stuffs in crypto world world, i mean some of you might disagree with me but I think it's something which we already knew and we were aware that centralized Exchanges and it's staking systems will will soon have taxes on all the crypto related profits or earnings through centralized exchanges and it's schemes. We cannot do much but rather stay away from such stuffs and try to be on DEC as much as possible but due to lack of features and UI in DEX we are using CEX. Even I need to figure out a way to avoid such things in the future.
They will happen for sure and we have to embrace that. As the crypto adoption increases, financial institutions are all in then it's no close book that everyone who have been staking or holding and then able to profit after selling will have to pay their obligations with the government through taxes. Well, every move we do then we have to take actions and part of it. Soon, we'll just talk about how people have been happy before on the early days of crypto when no government intervention, no bans, no taxes, no financial institutions are intervening but it can't be stopped. |
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While there's the trend, savor it while it lasts. We know that the crypto market is speculative and whichever is currently trending, you should just stay on it until it becomes less trendy. But this seems to be a long bull run for those meme coins and solana is no doubt becoming the winner on this pace. If the majority are still thinking of them being overhyped, I am one of them but can't be denied that this overhype is bringing such profits to those that have risked a lot.
This is the best advise on the timeline today ahah. Participate but be aware and once the narrative shifts, you follow the trend!..talking about MUMU the narrative seen catchy as the mascot of the bull run & they've got the community support, top whales and cex as OP mentioned. Might be riding the wave on this.. That's right, while the trend is still active and you see them almost everywhere then take the chances. But once the setting changes as said about the narrative shifts to another one then majority of the memecoins will be ignored by that time as most investors might go to the next trend and that could be the AIs or whatever stuff narrative that the developers are going to make popular by that time then. So, if you're cool riding the trend do it but make sure you're aware of having an exit plans and taking profits. |
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Those unpopular altcoins can be sold if there is someone who's willing to purchase it from the owner. We do see some small volumes of it and the exchanges themselves might delist those little volume altcoins and that's why they can just do p2p from it when there is no longer an exchange that lists it. But how come an altcoin comes to it? very rare when the developers are inactive then that's for sure but if they've been too active and working hard for it, instead of having lesser supported exchange, there will be more of them.
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It is with coincidence that I've got a friend that have taught the same thing. When the US market is active, then that's the time he should also trade. This market is on the stocks and not with crypto but I think that he makes sense. Well, he's not so profitable trader but I've learned also from some of his observation about this type of trading during day and night, I don't really find something good or bad with them. As long as you're good with any time of the day and you are making profits, that's when you should trade and that's always been the best time.
Im not really that much fan on trying out to connect with those typical market sentiments and news that would really be connected out into crypto market space. Speaking about about on whats the best time to trading Bitcoin is on the time that it would be making out some correction. If you are a swing type trader then you could really be able to utilize those news at your advantage on which you could really be able to make yourself place on the bottom and would really be able to profit out when the market will really be having such recovery. Although there's no way that we could really be able to tell on when it would happen. When there's a correction, we're all saying that it's the best time to buy. But we don't know if many are buying during that time because not everyone has the privilege to buy when most of us have been facing different situations and challenges. Crypto market is really open 24/7 unlike on Stocks/forex which its 5 days a week and there are opening and closing. There's so much to mind off i shall say.
So tons of people would really be having that kind of preference in between.
This is why for me that the crypto market is so much better and there's no closing but it's highly volatile as it's for everyone who sees the chance to trade with their own choice. But sometimes, the connection we do see when the market pumps during closing or opening of other markets. |
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SOL?
That's I guess what many have missed including and that's also because many memes are pumping on that chain and a lot of airdrops have been distributed with the holders of it depending on the platform they've staked their SOLs. So, that's just my wild guess on what has been missed this year.
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Not yet, the market cap is already quite high for a new one so those that have been spotting out meme coins won't probably get into it. Majority of them prefer it with a few millions and as much as they can, the ideal ones are those that haven't reached a million and could be lesser. Anyway, a mascot meme or anything that you can it. We always get this a lot of comparison from the successful ones, it might be the next this and that but we can never have another one on actuality but in the world of memes, I can say that for now as a yes but invest diligently.
The market cap does matter and the next Shiba is yet to be identified. We invest in the required pave and also doing everything within our reach to hits targets. We should invest in sectors that are profitable, always looking at the hedge of the market, especially going all in the bear market, we'll be having results. There's presence of high volatility in the market and we tends to be very careful when dealing with the system Forget about that because no new this and that will be the next. It all started with Bitcoin and everyone thinks that they're going to have a project that will also soar just as the popular one. And for this one, it's said that it's going to be shiba but forget about that because each project has their own progress. don't jeopardize any opportunity given because I've seen investors making huge profits from the slightest chance generated.
Good for them and I am putting my hope with Bitcoin and not with such projects anymore because I'm done with them and found no hope. |
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Downtrend? Are you for real? We're not even in a bear market and look where this coin has started as many altcoins have been pumping lately. And for that reason, it's not the only coin that have reached its new ATH. But that doesn't mean that it's going to be there for so long. Those that have been holding it and using their platform, then congratulations to all of you if you've been holding a lot of it lately. Don't forget to take what's yours and what you deserve out of it.
Currently if you check the altcoins they are all in red and are below to what they were in March. The market leader like Ether, BNB and SOL are all in red because of Bitcoin price correction. In such a market if an exchange token is breaking ATH then it is good news for sure. That's a downtrend because you're basing it on just a few days. But if you look back, they've gone far, the majority of them have increased a lot and this downtrend isn't that a lot compare to the gains that every altcoin has gained. After every new ATH there will be a big correction so it is better to stay away from BGB now and keep a watch on it.
I agree with you. If there's a new ATh, it's not going to take that much time and soon everyone will start to see that a huge drop will come to it and also to the others as well. |
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Downtrend? Are you for real? We're not even in a bear market and look where this coin has started as many altcoins have been pumping lately. And for that reason, it's not the only coin that have reached its new ATH. But that doesn't mean that it's going to be there for so long. Those that have been holding it and using their platform, then congratulations to all of you if you've been holding a lot of it lately. Don't forget to take what's yours and what you deserve out of it.
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No trader can control his or her emotions 100%. There are days we feel sad over our losses and there are days we get excited because of the profits we have made.
I agree and this is true but self-awareness and discipline can make you control your emotions. While being at the peak of your trades might give you some emotional heads up, that's also hard for someone to control his/herself with the trades they do because if their trades have been losing ever since, that's the hardest part. To recover and to control yourself whether you'd push for more because that is triggering you to trade more so that you can win your losses back. |
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Have you come across this meme? What do you think?
Not yet, the market cap is already quite high for a new one so those that have been spotting out meme coins won't probably get into it. Majority of them prefer it with a few millions and as much as they can, the ideal ones are those that haven't reached a million and could be lesser. Anyway, a mascot meme or anything that you can it. We always get this a lot of comparison from the successful ones, it might be the next this and that but we can never have another one on actuality but in the world of memes, I can say that for now as a yes but invest diligently. |
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There is already an ongoing discussion[1] about the Ethena airdrop and the ENA token. We've already discussing about the project on that thread that I have linked below so please continue the discussion there if someone is looking for it. [1] https://bitcointalk.org/index.php?topic=5490628.0 |
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It is with coincidence that I've got a friend that have taught the same thing. When the US market is active, then that's the time he should also trade. This market is on the stocks and not with crypto but I think that he makes sense. Well, he's not so profitable trader but I've learned also from some of his observation about this type of trading during day and night, I don't really find something good or bad with them. As long as you're good with any time of the day and you are making profits, that's when you should trade and that's always been the best time.
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