It is not always advisable for newbies to invest in projects they know nothing about, many newbies have ended being victims of scam project or shit projects because of they have no knowledge about the project. It is very important for everyone not just only newbies, to make profit on every new projects to know how reliable the project is.
well, besides that, many of them suddenly write bad statements about crypto because they invest in a new project, which is probably a HYIP. For newbies, it would be more advisable to choose popular coins for learning especially bitcoin, ethereum or bnb. by investing in these coins, they can learn a lot. It is not recommended for a newbie who is new to crypto to invest in a new project, especially if they are only interested in the percentage of profit they can get. there are so many newbies who fall into losses because of things like this. |
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Not only that I have regretted once, but many times already about missing the chance to sell at all-time high due to my greediness and complacency. Now that I have learned my lesson, I would likely going to sell at all-time high this time for altcoins. But for Bitcoin and Ethereum, it’s going to be a different story because I am bullish with them for long-term.
I am currently doing DCA with Bitcoin since May 2022, and I am planning on doing it every month as long I have extra money to spare.
Well, I think we all almost missed that moment. however, I am also committed to that, but there will be a desire to continue to hold while ATH is happening, and I think that is a natural thing. however, to avoid this, when ATH occurs, we may need to sell a few percent of the assets we own while we still want to continue to hold them. at least we sell for the initial assets that we have. however, as long as I'm in the crypto world, I've also made such commitments, but when ATH happens, I keep holding on. well, it makes me quite sorry not to sell the asset when the price is high. many lessons we learn, however, sometimes we only learn it when it happens, but when it happens again, we do different things. |
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both types of exchanges have advantages and disadvantages, however, I think in terms of profit, people will most likely choose CEX, moreover nowadays popular CEX like binance, or kucoin can bring a coin to the attention, and increase its price high. things like that will have no effect if the coin is only listed on the DEX. however, personally, I use both. I think DEX tends to be easier to use and simpler. it all depends on your needs.
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If you're aiming for a stable deposit of coins, I think it might be better to hold it in a completely secured conventional bank. however, you can also use it anytime, when you want to buy something. quite a lot of FUD regarding coin stability, especially what hit UST, which makes me think it's not secure enough. However, if you're just keeping it temporarily when you haven't decided what investment to choose, I think it's pretty good to keep on a stable of popular coins. However, in the long run, I don't recommend it, especially if you have a large amount of stable coins.
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I don't consider myself a very smart investor because I've never been able to be a long-term investor. I made good money in the crypto market. I managed to make myself happy. But I don't know if it was worth the effort and time. Just holding solid cryptocurrencies like Bitcoin and Ethereum would also make me happy enough.
well, sometimes when we like something and get used to it, then subconsciously we will be really wise in doing it, even in making investments. well, many people are not aware of such policies, and naturally do so. however, what is standard in investing is knowing what we are investing in. doing research will make us wiser in making decisions to invest. a lot of people out there don't do that, and get a huge loss, so they blame someone else. we don't need to be aware to be wise or not, but before investing, you know about the investment. |
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out of the 5 tokens mentioned, I would probably choose Polygon to hold for 5 years. however, currently the potential of polygons is the same as that of BNB. I feel that people will choose Polygon after BNB. So, when polygons have also become an alternative that is often used, I think the price of polygons can reach a high price. I feel that this is like the position of BNB when it competed with ethereum a few years ago. it's just, although I think that this token can't go beyond the top 3 coins, namely bitcoin, ethereum and BNB.
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Well, I think in every coin stable, there will be some downsides, so I think each coin has its own issues, and personally, I don't believe in that. however, for usage, and temporary storage, I always use BUSD. well, the reason is that BUSD is supported by CZ who is currently one of the leading crypto developers who is always in the public spotlight. this made me think that if something went wrong with BUSD it would be very easy to find their team and hold them accountable. after all, they have quite a number of offices in several countries.
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for DEX, Pancake, and Uniswap, depending on the chain used from the coin. However, even though the list is there, it doesn't make the price of the coin pump up. It's normal for a project to list in the DEX.
however, if it is CEX, then it is binance and kucoin. As far as my experience goes, when a coin is listed on both exchanges, the price will go up. it proves that the two CEXs are very reliable in all aspects.
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I am quite another that an irresponsible person made it. take the name of another company, even the logo is very similar to make people interested in investing in it. however, avoid this coin. as long as there is no official announcement from google, it is a scam coin. it is very risky to put the money you have in that investment. in fact, some of the posts above have provided a link that says that this is a scam coin. be careful in investing. don't invest because the name and logo are similar. very many scammers who take advantage of it to attract other people.
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investing in luna after the crash was a bad idea and still a bad idea, you could think that the crash with luna classic gonna be happening again after all it seems luna just forked out of their responsibility with the former luna so that they aren't gonna spending effort and money in its former luna revival.
if you wanna turns your investment into ashes then go ahead investing in luna but the veteran luna holders knows that it's the same thing all over again despite the vested new luna distribution it gonna means nothing if it didn't at least reach half of former luna valuation before the luna crash.
actually, I once invested in LUNA when it first crashed, and I made a profit, but not much. however, for now, I'm not thinking of putting my money in LUNA, even when the new LUNA has been launched. in fact, once launched, the price is pretty bad right now, very far from the price LUNA 1.0 was before the crash. I agree that it is still a bad idea to invest in this coin. I also agree that the solution to this is not a fork. people have lost a lot of their money. the only way to restore that trust is simply to replace the assets even if that's not possible, and it's very likely that people will leave the project right away. however, I still feel holding LUNA in the long term is a bad idea. |
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it seems june is gonna be bearish, there's really no signs of bullish so far and most of altcoins still having massive correction in value anyway,
even the new luna that was supposed to act as reimbursement for most of the luna holders before crash also having valued really low.
you could guess that this june around just gonna be stagnating for most of the altcoins value, even bitcoin, maybe the current bearish trend gonna lasts for a year, just like how the past cycle goes.
or it can be the same as now, not bull and not bear, and stay in the current range. however, these 3 things are still a mystery to this day, and as of early June, crypto prices haven't gone up or down much. however, I think that there will be no significant movement this month apart from the development of a few projects. sometimes a decrease or increase in price can be assessed at the end of the month. however, for now, his movements weren't very conspicuous. I still think that bitcoin will be in the $28k to $32k range this month. altcoins will follow bitcoin price movements. |
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1/6 Bitcoin (BTC)
1/6 Ethereum (ETH)
1/6 Polygon (MATIC)
1/6 ApeCoin (APE)
1/6 Aave (AAVE)
1/6 Astar (ASTR)
well, most of the ones on the list you provided are good coins, but personally I will do a selection on the bottom 3 coins, and hold bitcoin, ethereum, and matic in your portfolio, and if you feel that it's still lacking, then it would be great if you include BNB in your list. however, if you feel that this is the list you want, I think Ape needs to be removed as his current development is not that great. |
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see that the government wants to achieve or cover everything, so if DEX is forced to follow existing regulations, then it is possible.
However, this will be a big loss for DEX, because when DEX has rules for doing KYC, I really believe that people will choose CEX over DEX. the reasons are many for that. I understand that this is for the security of users in transactions, but this can be detrimental to many parties. however, I rarely use DEX, but it's quite useful for selling coins that are not listed on CEX.
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When is a good time to start buying altcoins? Is bitcoin ever going to 25,000$ in the coming weeks? How do you plan to start building your portfolio for the next bull market? Is now a good time to start buying?.
First, no one knows for sure what the future price will be, but based on the current state of affairs, the bitcoin price still has the potential to fall to $25k. secondly, if you want to hold on for the long term, then from now on, it would be a good time to choose the altcoin you are targeting. it doesn't matter when you buy the altcoin you own, but when you buy the wrong altcoin, there is a high probability that the price will fall in 2025. if I prepare my investment for 2025, then I will probably choose ethereum or BNB to hold for the long term. long, and start at this point. Well, the reason is, currently the price is quite cheap, and if the price drops more than it is now, I will increase the assets I have. well, we can't keep expecting the price increase when we hold it in the long term. we can only take advantage of the circumstances. starting now would be better than later. DWYOR |
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when LUNA 1.0 fails, then I don't think anyone will push LUNA 2.0 any further than the CEO himself. however, heavy losses were caused by LUNA 1.0 a while ago, and it really made people's confidence fade. it will not attract anyone else to invest in LUNA 2.0 other than to return their profits and sell as quickly as possible. Well, maybe this is just an analogy that I made, but personally, I will also do the same thing, which is to try to recover as much of my assets as possible, and look for other more trusted investment places.
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I'm not really sure NFT can last long, I think it's like a popular trend and will disappear one day, and is nothing new in the cryptocurrency industry. But this is just my opinion, if you believe it, please continue
I'm not very interested in NFT, and I'm not really into it either, although I know something could work in my favor there, but it's about interest
I think NFTs can last long, it is just the art pictures of the tradition, the art works are still having no value but people makes it to have value, so goes to NFTs, we can consider them not to have value but have value because people see it valuable. My concern is that there are many newly created NFTs and more are created daily, it is very possible that the NFTs that are having value today may have less value tomorrow. yeah, i was also thinking the same thing. after all, today's many developers are trying to develop NFT in every program, game, art, and other product they develop. it can last a long time, moreover that NFT cannot be duplicated. After all, this can also be traded. I think NFT will last long, it's just that it's still in the development stage. the hype that happened was because it was something new. nowadays, people already know about NFT, so when it's hype for the second time, then it will be great. |
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today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
well, we don't know whether it can be delayed or not, for sure, the defense of your wallet is stronger than that, and it is possible that your assets cannot be sold automatically because of your PIN and 2fa. this is a lesson for all of us to continue to use the full security provided by the services we use. as far as I know, hackers will more easily access the assets that we have if there is no PIN and 2fa. So, when you have a chance to activate it, then activate it immediately. it would be great if there was an additional pin from the phone that we have. Always take precautions before things go wrong. |
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This is very nice. I also hope that big companies in my country start accepting crypto as a payment alternative. It's great to see that happening in public. however, I think one of the owners of the company owns a bitcoin investment. it also makes many people know bitcoin, and don't think that bitcoin is only used for bad things. however, this is a very good thing for the existing crypto users in your city.
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