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I thought that you're saying something good as I've actually read from the top but when you've mentioned about listing and this token, that's when the vibe gets off. There are too many AI tokens just as the meme coins but listing on a top tier exchange and you'd mention one that's not yet considered as a top tier, I don't think that's something else. But it's true that if a project gets listed to an exchange where it's tier is top notch, the development and progress of that token excels.
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What are your thoughts on this? Do you believe this trend will continue to grow, or is it just overhyped speculation?
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. |
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Being successful is not that easy and requires a lot of dedication. It's great that you are participating from the recent bull run and are able to fully provide for your family. Unfortunately there are enough people who didn't have enough free capital to invest in crypto currencies during the last bear market, or didn't know enough about it invest larger sums of money. We should be understanding and trying to help our friends as much as possible. This doesn't mean that we need to spend a lot of money supporting our friends, already small things can make a big difference. Being open with your friend about how you invest your money is good. It shows that you think about longterm goals and are planning for the future. Helping our friends to get a similar mindset is already a huge change and will lead to long term profits as well.
While there were people that have done nothing during the bear market. I have seen a lot of investors that have prepared themselves for this upcoming bull run. Anyone who's able to prepare for it to come and have invested properly despite it's risky, they will see how the market will turn their lives better. It doesn't have to be that much, as long as you're consistent and you've been doing it at the timeframe that you set, you're all good. So I had to cut cost my engaging to the opportunity with an exploration potentials so I we as a family can stand a chance to beat the economy situation. In a norms we're supposed to spend our money based on the current status and considering our financial sources of income. Honestly I'd had still have the money invested on other means with the potentials to yield more more but I was open minded sighting that Investing it on bitcoin would be much comfortable for me while I strives on alternative sources while life goes one and I also make counts of profits to my holding.
I understand that with your most memorable day and you have to do some cost cutting but if I'm on it, I don't think that I can do it. |
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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.
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I think that the majority was done with the swap and already sent to the new address. How many of you guys have already successfully swapped it because mine seems to be pending still? is anyone able to trade the new swapped EMC to its supporting exchanges?
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How to invest i mean how to diverse 1000
On altcoins how much to buy of each coin?!
In safe way and profitable
You want a safe and profitable? So, you want someone to do the maneuver for your portfolio? If that is so, this is my tip to you. - $500 for Bitcoin
- $200 for ETH
- $100 for BNB
- $200 for anything you want or memes
This kind of portfolio is safer than you can think of since you're wanting to have altcoins and you've got a bigger part of Bitcoin which balances everything. |
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I guess the two are very good for someone to use to grow financially in the future, but if they ask me to choose one to invest, I will prefer business because you can invest a huge amount of money in business and within some months or years you will recover the money you used to start the business and still have money in your bank account to invest in other assets that will continue increasing your money.
You're not sure about having a business, it sounds easy to manage one but the struggle is real when you're the sole owner of the business and you have to grow it on your own with various methods and techniques. Yes, you have money to invest as a capital for starting a business but that's not how it goes as it's not going to be an easy path. But once you set it up and you're on a roll and the business is moving on its own with the system you've established, you're for sure going to make it. When you succeed to create your own business, you will surely become the director of the business and, nobody will be controlling you on what to do to earn salary but you will be in charge to be paying your workers salary because you are the one that employed them in that business.
That sounds good when you have that position but behind that, most of them that are into that top position have gone through a lot, thick and thin. Failures and successes, sweat and blood are mixing all together. |
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I've got a lot in my mind but I don't know this time. I don't like them so much as the community and some are in the games that have incurred me a lot of losses. I'll never invest with those projects and coins that I had a nightmare but I can't promise that to myself, this market is highly volatile and that hate could be gone if I am able to profit from them again but I don't know. Just like the others, my mind changes from time to time and depending on the situation.
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Personally, I never considered memecoin for long term investment but nowadays, people are going after every memecoin with the hope of changing their life like we see some stories online but in reality only few can make such profits while others are going to lose just like every investment, so I wanted to ask how to you see this craze for memecoins in the recent days.
I don't also consider it as long term but I guess that the trend changes and this is the new trend today. Because of many hype in the meme coins, investors, new and not have been looking at them and that's why they're holding bunch of memecoins that might give them some fortune. This is the new gamble today but a gamble that they have an upperhand and many lives have been changing but even with that, I'd hold on to holding bitcoin and I've got more hopes there than memes. |
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...I've got a question it says that 400%+ for farming it with USDT and 800%+ with ENA. Are they for the period given by bybit or it's gonna be divided for an annual return? I'm quite new with bybit.
This indicates the annual return and means that you will receive about 1.5% for each day on your deposit, i.e. as much as traditional banks pay their investors per year. But you should understand that the amount of profitability will be less if the price of the ENA coin decreases in price and, accordingly, on the contrary, if the price of the coin increases in price, then you will get even more profit. I understand it now, and thanks. I guess that after the release of the rewards of farming ENA on this staking will definitely see such a drop as everyone who has received it will start to sell and dump it for money. I was playing numbers on my mind as if I've staked a huge amount but no, it's a small portion of my holdings that I've kept and I just don't want to miss this opportunity. |
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I guess that those who hold vast Bitcoin have it on their mind that they're going to cash real estate purchases. And so, if you want to diversify then there is no need for you to choose because you want to hold and own both of it. As they say about putting eggs in different baskets, this is ideal. Bitcoin is limited, and the same goes for real estate and land properties. They're also limited because knowing that the portion of land that we're having, it can't be multiplied. I want to have both of it, I've got few btcs and I want to own real estate from my profits on it.
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If you're scared about using ENA tokens to farm more ENA tokens, you can use stablecoins — USDT is usually used during Bybit farming. Personally, I'll be indulging in it.
Yes, I can do this but the ones that I've got available there might also increase in no time so I might just take to collect some more new USDT then before the farming period ends. Alright, I already did farm it with my spare USDT and they are not that much but the good thing is I've got some extra and this is what I have remembered to do. There is only a few days left for the farming on bybit launchpool and hopefully that money of mine will be worth it. I've got a question it says that 400%+ for farming it with USDT and 800%+ with ENA. Are they for the period given by bybit or it's gonna be divided for an annual return? I'm quite new with bybit. |
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There are many of them in the solana network but what I think will be the lie low of them. So, from Solana down to the next network and we don't know if it's going to be BSC, or ERC20. I guess that's how it goes but as long as many of them are moving forward with solana and you guys have got a lot of prospects from there and you've been making some huge money from them, just keep on doing your strategies and process for you to take advantage of the situation because it's not always like this.
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Never put a lot of assets on an exchange that you don't have control over, unless you are day trading then go ahead and when you make a profit then it's better to withdraw it to be safe than to have something bad happen like FTX.
All exchange, we don't have control over our assets there as we give them the custody over ours. It's true that if you're a day trader then it's fine to get them covered there but if you're going to keep them as is there, it's best for you to just simply withdraw them and have the custody towards those assets of yours. It's not a good idea to keep it there when issues like this pop out of nowhere as if it can happen to most of them. |
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Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.
3.3% is a genuine percentage for an APY. It is not that high right because many are staking their Ethereum on their pools. Going on with exchanges, they've got more percentages offered than them but not with ETH but with the other cryptos that they're supporting. Some exchanges could also offer the same percentage up to 6% but they vary because of how many are staking onto their platforms, the more stakers, the lesser percentage overtime. |
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In as much as I like your consistent on Bitcoin investment but one thing you should also consider is the possible fees you could incurred while making a withdrawal on every buy to your wallet, although as investors whose plan is to hold for a very long time it will not be advisable holding your investment on a decentralized exchanges because anything is possible so buying from an exchange and withdrawing to your wallet is actually the best but to be on a safer side in terms the fees of withdrawal you could strategize your withdrawal in such a way that if your accumulation is on a weekly basis you could accumulate for two or three months and withdraw all at once instead withdrawing at every buy which will cost you more.
Keeping Bitcoin on any type of exchange, decentralized or centralized is a big no. We should be wise about where we're keeping our bitcoins. If you have no hardware wallet yet, you should keep it on wallets like Electrum, Bitcoin core, Blue wallet or any of likes that provides your key. But, wait a minute. Who does keeps his bitcoins on decentralized exchanges? I know that there could be some but really, people still keeping bitcoins there? Because if it's on a DEX, I am sure that it's not a Bitcoin that's on its own network but probably on different chains like wrapped BTC. I disagree with you here. Your opinion might be unpopular because for beginners in investment they have no idea how all of this works. For now they can buy from the CEX and store it in their wallet. All they have to learn is how to buy from the centralized exchange then learn how to secure their private keys so they wont lose their investment. On the other hand i think centralized exchange are more preferable to a decentralized exchange both in terms of buying and storing bitcoin. Hardly for a beginner to go around using these hardware wallet if they are not much familiar with it talk more of using a decentralized wallet or exchange. They should not attempt it until they have learn how transactions, seed phrases and other basic things. Otherwise they would end up falling for simple scams going on in the internet. I think we all started from buying from CEX and then to our wallet. So the newbies should not keep that part until they are more acquainted with how the aforementioned criteria. While you're right with that and I might be too quick suggesting them where they should put it. But I've given some ideal and good wallets where they should keep their bitcoins without spending a buck if they can't afford yet to own a hardware wallet. So, those newbies that are looking for, those are the few from the many popular wallets, the desktop wallets that they can use while they probably are saving before they purchase an HW. |
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In as much as I like your consistent on Bitcoin investment but one thing you should also consider is the possible fees you could incurred while making a withdrawal on every buy to your wallet, although as investors whose plan is to hold for a very long time it will not be advisable holding your investment on a decentralized exchanges because anything is possible so buying from an exchange and withdrawing to your wallet is actually the best but to be on a safer side in terms the fees of withdrawal you could strategize your withdrawal in such a way that if your accumulation is on a weekly basis you could accumulate for two or three months and withdraw all at once instead withdrawing at every buy which will cost you more.
Keeping Bitcoin on any type of exchange, decentralized or centralized is a big no. We should be wise about where we're keeping our bitcoins. If you have no hardware wallet yet, you should keep it on wallets like Electrum, Bitcoin core, Blue wallet or any of likes that provides your key. But, wait a minute. Who does keeps his bitcoins on decentralized exchanges? I know that there could be some but really, people still keeping bitcoins there? Because if it's on a DEX, I am sure that it's not a Bitcoin that's on its own network but probably on different chains like wrapped BTC. |
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I guess every trader who ends up trading successfully has always been trading waiting for the right set-up or the perfect timing to trade. That’s how powerful patience is. Unfortunately, not all traders are patient enough to wait for the right set-up as they prefer to prioritize chasing more profits and not skip even a single trade.
Sure they do. It's not easy to win trades without being patient as this market is for the most patient people and if you're for the short term, you don't tell me how short that short term is. Because for the traders, there's always the span of how short they are and typically, that short term isn't really short term at all. Greed is what they chose to follow in trading rather than being patient and disciplined. No wonder how those novice traders end up losing and quitting trading in the end.
And being greedy, they're the one choose their paths and the majority that are too quick and impatient are the ones that are losing. |
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Despite that many arguments don't like Tether. With their expansion and global usage, we can't deny that they're one of the most used stablecoins even if we're going to see some CBDCs from different countries and the exchange backed stable coins, many traders and holders prefer to get their holdings into Tether. And as a signal to the trend in the market, somewhere in 2017, they've made a noise about their printing and you know what happened next? Bitcoin's ATH goes to $19k-$20k.
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Binance, Bybit seems to be the most common ones that I have used but I don't get there at most times as I don't like to trade futures myself. So, since you've got some list already OP. I just want to remind you that be careful in trading futures and it seems that you're already knowledgeable with and don't get yourself compromised with the market and the potential profit that you'll be there. But again, as long as you know what you're doing then you're good already and you won't get into futures if you've got no idea with it.
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