What is the best exchange investment for a newbie? I am looking for an exchange either CEX or DEX token that's good for long term hold, I can only find BITGET and DODO, which one would you advice to go for?.. Already had BNB so no need to talk about BNB.
I have Biswap tokens, if you visit the web page and some articles about this project, I think you will be interested because the first Dex that can create system referrals is Biswap, Biswap is registered on Binance and you can see, and do in-depth research before investing (NFA)
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Which stablecoin do you suggest for crypto/usd trading?
For now I think BUSD is safe, however everything is unpredictable, because the Binance platform was hacked once, it is possible that in the future the stable coin price will not equal the usd for some reason, but for now I think it is safe if BUSD has dollars reserve is 1:1
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What do you think about stablecoins, some scandals around them and their future? It is interesting to hear the opinion of the members of bitcointalk
As answers from some member posts here, there is no guarantee that your money is safe when owning a stablecoin, I think if CBDC as developed countries think is implemented then it will be good because some countries make stable digital currencies, whereas coins are stable up to now it suffers from many unresolved issues like fiat collateral reports it has and other things, when you profit from trading it is better to switch to Fiat only, because investing in stablecoins for long term seems risky.
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Depegging UST and LUNC at that time made the Terra ecosystem collapse because there was no fiat guarantee to support stable coins, as a result the classic Luna continued to be printed, but it wasn't a scam because you can still trade the coins. to be successful, I don't think Luna will return to the way it used to be, because some projects have moved away from the Terra ecosystem and the team has created a new Luna coin.
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I bought gold in 2017 and currently it's up no more than 30% because the price of gold in each country is different according to the level of gold being sold. But if at that time I bought Bitcoin, then now I benefit because the price goes up, very volatile but profitable, there are moments that must be seen when I want to invest, such as Bitcoin halving which can increase the price.
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Avalance is on the list of top 100 coins and it looks good, you can see other blockchain projects on cmc. if you want quick profits with short term investments you should look for projects that have liquidity under $10 million usd, from there you will make quick profits but be careful because some projects end in rugpull
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Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
The project has great liquidity, there are many projects in 2018 that many investors don't know because the coin has not been listed on top exchanges, like MVL, this project is good and I continue to follow the progress, then Beyond protocol will soon do Mainnet, some of these projects look good and not many people know about. that
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According to my observations I think that this coin will grow but not really sure whether i should try to buy and hold some or try micro trading. I'm sure that there're lots of experienced traders who can give me an advice
You can buy it, but memecoin has a high risk because of the large amount of supply, you can take experience from Dogecoin, the price goes up because it has a large community, this is not investment advice but investing in memecoin is unpredictable, because the price can go up and down at any time, the main point is that Shiba is listed on Binance and has good liquidity there
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I'm not sure the price of the LUNA classic will be 1 uero per coin, it's because of the large amount of supply and Do kwon no longer takes care of the project, but leaves everything to the community. There are some new coins right now, you can do some research and earn long term profits, this is not an investment advice but as I see it, the projects on the Terra network have moved to Polygon due to problems caused by their UST Depegging.
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NFT has artistic value and I don't think the price will go up after the Hype fades, some NFTs have high prices because developers offer staking and rewards from holding the NFT, but I'm not interested in such NFT, I prefer NFT games that can be played and benefited , same as AXie. For NFTs that have liquidity you can see on ETNA, on that platform the team makes it easy for you to buy and sell their NFTs without having to set an order price, because the NFTs they create already have liquidity, like when you swap on the Uniswap exchange.
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Now my friend W has recommended a new cryptocurrency to me. Should I invest?
If I may know, what cryptocurrency do you mean, there are several new projects at the moment, all of them are still following the Bitcoin price movement, if you have a lot of time in the forum, I think you can provide information about the new coin, because I am interested in investing in new coins that do not yet have a market cap of the current 100 list.
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PROOF OF REGISTRATION Forum Username: Pelana vreo Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1745150Telegram Username: @KVjosep Participated Campaigns: Signature campaign Whisper MSG Wallet Address: 0x1k4f914ae7fc4352f9732fc1b105158afae75e720e6421+34482c1630b64513aca856d0d11b8dfdda01817882079de66398a014144cf103
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I think it makes sense, you won't see such annual interest in the bank, if you want big profits trade and don't staking, there are many profitable betting platforms, you can try them and choose % bet as per your wish, but Staking is usually restricted by the number of pools, the more users, the smaller the income.
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The reduced Hype NFT and DeFi make gas prices go down, as we know, uniswap and Opensea contribute a lot of ethereum to burn when Eip-1559 is activated. currently transactions on Dex and opensea seem to be on the decline, therefore gas costs are also going down, but I still see gas prices for swaps over $5 usd and I think it's still high.
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Guys, What do you think on next bull season? When will it be? Please share your thoughts on this 🙂
If you look at the history of Bitcoin data, what is certain is that when the Bitcoin Halving begins in 2024 or waits for the current war to end, as we can see, all commodity prices are now rising, but crypto prices are falling, this happens because of many factors and hopefully bullruns will happen again in 2024, I'm afraid the market situation will get worse because of the high inflation experienced by several developed countries.
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I think http://swft.pro is Dex which has such features, you can exchange from different blockchains, to be precise you can Bridge and many other things, some Dex exchanges which do not have Liquidity are Forkdelta and Etherdelta, these exchanges are popular in 2017 and 2018 before Uniswap came up with the liquidity idea they developed.
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You can see Cube network and Capricorn running Airdrop, Not a lot of work to do and prize distribution took a few days after the set date, just 1 week and it went well. If you have an Airdop allocation with limited prizes, you can do a Giveaway
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Trade or Hold is a choice, if you hold Bitcoin and top altcoins, all you need to do is DCA, it's not easy to hold long term when you don't have the patience and always look at the history of Bitcoin and top altcoin price data every month from year to year. you can see it here and from there you can make a decision.
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Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?
You can look at the history of altcoins and Bitcoin prices from 2011, then you can conclude whether the next 1 to 2 years to be exact 2024 the price will go up, because it's a choice, if you don't have much time, then you can survive in the long term, but that's It's not easy because I experienced it when I owned 260k Dogecoin in 2018 and sold it in 2019. One thing I can take from that experience is, no one can promise us profit, because everything requires a process to get profitable results.
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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?
The use of Hardware wallets is better than hot wallets, and both do not require 2FA, it's just that some wallets require a Pin for transactions. If you are using a wallet on an exchange, all you have to do is protect your account with 2FA, and don't tell others about your PIN, 2FA clone code and recovery phrase
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