I was once with DODO a BSC project, I was getting up to 20% APY at a time while providing liquidity in 2 stablecoins but was been paid in DODO and not in a stablecoin, you know, you really have nothing to loose because it's just like keeping your stablecoins in your hot wallet. Dodo will either rise or keep falling, site can be attack by hackers, I didn't read their insurance policy if they had any. I have since use the USDT for other trades.
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I actually wanted to buy and trade for the interim, I sent USDT to binance, the next thing I saw was $7+ and it quickly went up to $9, I was scared least airdroppers should dump on me while they smile to the bank. I see it like a reward speculative token and nothing more, it will pump no doubt but will dump and become a tool in the hands of traders and whales. If I ever get it at $1, I may want to buy few and take profit while opening my two eyes.
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You really don't need a technical skill to buy and hold bitcoin but if we call the act of buying and safe storing bitcoin a somewhat technical skill, it won't be out of place. First understand that the road to freedom is never smooth, bitcoin price is can be very volatile, be sure you have the heart to hold through the trouble hours. I recommend you learn how to use a software wallet and a hardware wallet and how to safely keep the seed phrase, and a basic use of cryptocurrency exchanges.
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If any nation wanted to punish ethereum traders in their localities, they just point at Buterin as being a Canadian-Russian. Bitcoin creator is a mystery, while Some believe it was created by the West, others believe Russians created it while commoners believe is one man from Japan, so everyone just accept it. ETH has smartcontract that is fantastic, so many other platforms have a better smartcontract protocol than ETH network, currently, I don't trade on ETH network again because the fees are to high heavens, killing business. ETH has no cap but Btc supply is fixed from genesis.
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It will be wise to make decent profit in altcoins and put in bitcoin and stablecoins because many of these altcoins you see now will get crushed some day and the profit will be gone forever. Don't be too greedy nothing goes up forever.
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When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?
Metaverse technology was suppose to create some hype for 2022 and spike another bull run, but it seems it's not yet fully developed to the extend of creating the needed adoption. Buying and selling lands in the metaverse still seems like a Greek to me. I am still learning though.
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SLP is never a scam coin, this is why it's important to invest what you are willing to lose. I actually bought some SLP after the move of AXS but my investment is currently in the mood but I honestly don't care because it's part of trading. If it profits profit in the future good, if it doesn't am okay.
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The market seems to be bearish but we can't really tell how it will go. BTC always bounces back when we least expect it to do so. Most people are going to be caught off guard in the next massive bull run. I hope people are not going to sell off in panic and buy at a higher price.
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I am actually qualified in several wallets but I know the airdrop may be useless due to high numbers of qualified individuals and if they choose to airdrop tokens according to the gas used instead of flat rate. GasDao gave me over a worth of $100 but the network fee to claim was over $70, selling may cost another $120, at the end, I would be indebted to the ethereum network. Not going to claim such worthless airdrop due to sucking ethereum gas fee.
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I lost huge fund in 2021 due to lack of proper financial management. I allowed the market to take it which is not good. I should have been supper rich and close to retirement if I didn't leave my profit in altcoins. If I had atlest just convert 80% of my profit to bitcoin, the situation wouldn't have been as serious as it's today. This year is a year of taking profit to me and putting that profit to good investment in an offline project.
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The whole issue with NFT art is clumsy to me, just pick a random art and put on blockchain, then attach some hype and rig the sales so as to look for who to buy the with a very high price. I feel the whole NFT market is still not well organized.
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I don't think some exchanges went on scheduled maintenance this year as some have always done in the previous years. I hope people don't leave much of their funds on exchanges to avoid been retked in a worst case scenario.
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There are too many high class project coming up but their ability to deliver in the long run is the issue. Near certainly is a coin to hold, I feel it could still go as high as 10x from this current price, don't say never, Solana is an epistle. Normally, you need to do your research too,
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I was looking at some of the top 50 stablecoins ,and im thinking Polkadot.
Polkadot is not a stablecoin but a volatile altcoin just like every other. It's a great project, The few I have left have been staked in their parachain unction. It's one of the competitors with ethereum.
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Whenever there is a new trend in crypto, many useless projects with the sole aim of fleecing the public starts springing up and soon they just die off without fulfilling any of their road map. Just beware of metaverse projects you invest so you don't turn a community member.
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Near is referred to as Ethereum killer, and has a very high speed of transactions and very cheap transaction fees. It should grow better than Solana in the future, I have a lot of faith in the project. I had bought at $0.55, and sold at $0.88 but would later buy back at $2 and staked all to avoid selling.
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Pi network miners will eventually receive a shock of their lives when they realized they have been mining scam for years. Wasting their data and stressing the memory of their android phones. Let's discuss real and potential projects guys.
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I am yet to look or even read anything about persistence but Cosmo and Tera are both okay. I have some Atom staked and use Tera blockchain but missed the TNS airdrop due to procrastination. As long as the ETH network continuous to be plagued by a high gas fee, other good layer1 will continue to flourish.
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Bankers are thieves who have been fleecing off the people for ages and today a better alternative than they offer is here, they are scared they won't be able to keep up with their extravagant lifestyle hence condemn crypto and fight it, Someone should educate them they have lost the war already. You can't stop a technological advancement.
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