|
there have been no issues with SOL so far since its last which was more than 2 years. this is by far one of the best alternatives. but i have to agree it's BNB that is quite dominating since ETH also has congestion and high fees. since the time the fees for sending USDT TRC20 had increased, i have not used it already but USDT BEP20 is cheaper and fit for stablecoin payment.
for altcoin potential, i agree with the above about Polygon.
|
|
|
|
OP, I do not believe what you have just said. You did not mention $28,000 you said millions of dollars. Honestly, this is a made-up story even if it is a real story. Anyone who has such an amount to spend on a car is a millionaire in dollars so he has businesses, companies, or whatever that would give him such an amount to spend on something that won't bring returns.
The part where you said that you abstain from him because he spent such an amount. That should not be enough reason to distance yourself. If you have such a friend it is good to be more closer to him. Apart from teaching you or showing how he made such an amount to buy a car, if you are a true friend you can advice him to and teach him how to spend money wisely. You will stick with him till he changes and learns to invest and out money to good use.
or he could ask his friend to teach him how to earn that 28M. for 20-year-old kid to earn this much, i would certainly be interested to learn too and so the reason why the kid didn't listen is because the kid has some different ways to make money other than crypto. people with money and who know how to use the money to make money will be a lot harder to convince to invest in something. or they know more. the story may still be a made-up one. but it won't hurt if you assume its true. |
|
|
|
|
majority if not all want to make money. i once gambled all because i was given the task to review a casino, was willing to lose $10 just to test the casino and it was fun at some point thinking i would get the amount back when paid.
but if i have to gamble from my pocket i would expect to win. sane as an investor who expects ROI. nobody wants to lose money that's why it's not enjoyable for a gambler to lose money.
|
|
|
|
|
did he use that Rolls Royce off-road that it looked old already after 5 years? the value of cars depreciates as they get older, not the type of investment a smart investor wants. but in his 20s all he wants is to impress women. it must have gotten him laid many times.
most people in their 20s have crazy priorities. even when i was at that age, i didn't have an interest in mortgage investing but as i get older, it seems to be one of my priorities already. i don't want to leave this world that my kid will not have a home to inherit. this will give him a fighting chance to live decently in life when I'm gone. BTC will be more of a plus since it's a currency itself.
|
|
|
|
Hello guys
I am starting to go into trading and holding altcoins for myself, I got to understand that there are over millions of altcoins to choose to invest in, so I decided to come up with a strategy that would help me choose the best coins to hold as the bull run is around the corner. I went to coingecko and decided to choose coins from different categories, what do I mean, coins fall under certain categories like the layer 1, layer 2, Memes, infrastructure, Blockchain ecosystem, smart contracts platform, web3, and the rest.
What did I do, I choose the first 5 coins under these categories and decided to buy and hodl them with 50 USDT each. Am I on the right track or is there any other way I can do more better.
do you mean you bought 5 leyer1 tokens, 5 memecoins, and all with $50 each? it seems to much of a diversity. you could have just chosen top tokens in the ranking and you still have a higher success of making more profits than gaining less because not all of them can spike up to 10x in the bull market. choosing 5 out of the top 10 on CMC will still be the best imo. you sure will have so much to sell once you learn not all of them are going up. |
|
|
|
|
he gambles while he has no job. how unlucky is the person to whom he owes some money, he will never see his money again. what happened to him in 8 years in the army that he became an imbecile.
the guy is obviously incapable as mentioned by OP, his father works hard to give him a job. his father has to look for a job for him, that's insane. his father must have pampered this kid since he was little and now he can't stand on his own.
|
|
|
|
|
what they can do is turn the DEX into CEX so it can still operate and will be legal in the country where it resides. i agree though that governments are doing their thing to finally get a hold of those platforms and i think eventually they can control the crypto industry. DEX are full of data, they will make laws to drive DEX out. but not baan them.
DEXes are not immune to regulation and governments can easily take control of those DEX if they really will forcibly do it.
|
|
|
|
Indeed, it was a very smart move to disassociate CZ from Binance as soon as the allegations were triggered which saved a possible downfall of Binance, what's more surprising is the fact that the allegations were accepted but Binance was visibility the most centralized crypto exchange and this might be a warning to all the centralized exchanges that they would be punished if they don't comply with US government and it's demands.
CZ will only step away from binance but in the background he is still the owner of binance. and he will continue to manage the people on top of the management team. i think there will be no difference to what was going on before and CZ is complying with what every government is doing to Binance. i don't think he will go to prison. when rich people talk about settlement, there will be a bargain deal and money always works in the background. |
|
|
|
Yes the costs of running an electric car are lower, how about the cost of acquiring an electric car?  Anyways, I think that the mission of no diesel cars by 2035 is a dream. Not just any dream but a dream that should be woken up from. 2035 is just like a decade from now and 100% electric cars? The time frame is too short for that. Time really flies and 11 years isn’t as far as it seems. Maybe the percentage of fuel powered cars diesel powered cars can cut down to 50% but 100% electric cars by 2035 (even 2040) is nothing but a wish. when the leaders of our world decided to adopt cars running on gasoline, they made gas field owners wealthy such as Rockefeller. with electric car adoption, they will make Elon Musk wealthier but right now, it's China that is winning the electric car technology, this is something that they will not like in this development. if they decide on hydrogen-powered cars, these cars will just need water and the extractor of hydrogen from the water to keep running. no one will however get rich. maybe this is the way to go to be fair and manufacturing countries will only compete on whose technology is better. |
|
|
|
|
i have no plans to bring my coins with me to the grave so i wrote my keys down in my notebook. my wife should see it if ever i suddenly just drop dead. along with the altcoins i hold too.
you can never tell whether you'll have a chance to write it down when you are dying of pneumonia pandemic. if it's very quick like a truck flew right on you while you are just on your porch. just share it with someone you trust and make sure you also tell them no to give away the private key to anyone.
|
|
|
|
|
there've been many of those PvP games, you however can't easily find someone to play with on those games. hard to find someone who will bet against your choice and eventually it's still the house that you end up playing against.
high roller vs high roller in pvp game would be a nice game to watch but i'm not sure if this will happen in a pvp game though. if they could talk or mke a thread first in the forum before playing, it would give us a chance to watch them.
|
|
|
|
It goes without saying - the transition to electric vehicles is a transition to a new technological level, which means it requires serious preparation, from the mental perception of the technology to the infrastructure. But exactly the same "adaptation" to the transition to internal combustion engines - mass refining of oil into gasoline/diesel, construction of fuel storage and delivery systems, fueling stations,.... It is all time and it will not be solved in a month or a year or 5 years. Once again I remind you - plus there is a huge gap in the standard of living in different countries, which also requires changes....
With the way the world moves, in years to come, there'll be crucial changes as to how the world is viewed. Innovations emanate everyday and they make for the world's transformation. Electric vehicles usage won't be a bad idea either to the wealthy or less wealthy nations, yes at first it may seem challenging trying to make the switch but months to years after, there'd be this balance in the settings and the advantageous effect would be seen. One of the plenty benefits of going electric is that the air pollution would greater be reduced due to less carbon emissions from cars. Use of electric vehicles will help the economy and make movement lot more easier, in terms of crude marketing and all and the glitch that may be encountered would be the set up of the chargers, the cost effectiveness and manpower but I believe it's one good innovation that's very much likely to exist in years to come and the less wealthy nations won't hesitate in being a part of it. i doubt the less wealthy nations will take part in this transition. all the more with the wealthy nations like the OPEC countries in which the OIL is their business. they are not going to kill their own economy for this EV. they know people need oil, did you know that tires and all other things we use today come from natural gas? this i think is even among the reasons why they are at war now. because OPEC countries sees that sooner the imposing of the ESG on them will make them poor. and the poor countries who want to build factories to manufacture goods to make the lives of their people better, they can't do that anymore without oil and gas. i don't think batteries can sustain assembly lines operating 12 hours a day. this transition if ever happens will not be done in 10 years. right now our electricity is produced by burning gas coming from Russia and Saudi. our cards are running by consuming fuel or gas. our stoves uses LPG which comes from gas. |
|
|
|
|
not addicted gambler yet can't control himself to keep betting is kind of contradicting.
when someone is addicted to gambling, it can be hard to stop. some of them will even commit a crime to have some money to sustain this vice. there's got to be a point where they snap and decide to keep gambling to achieve the desired profit. but even those gamblers who won the first time they gambled end up addicted.
i read in one thread one gambler is addicted to winning which led this person to keep betting. but money is always the cause. if a gambler has no desire for lots of money, he may not keep doing it.
|
|
|
|
|
a currency backed by tangible metals and raw materials and runs on blockchain seems hard to establish. but fiat currency like the mention of CBDC i think already existed. but you can assume the stablecoins in crypto like the USDT are one of them.
with the level of trust we have in governments and banks backing a currency with gold, it would be very naive of other countries to send their gold outside their country to store. this is just one of the cons that will wrap it all up.
but BTC network itself can be a stable financial system.
|
|
|
|
there are tokens like ADA where you can store them inside your self-custody wallet and at the same time staking. but i think you can max out only if you have invested in such a token from the very beginning where the coins are still less than 10 cents. you probably won't be tempted to dump them even in the bear market because you still can make money out of staking. if an investor can make money out of it enough that he can live with just the passive income from staking, he surely has made the right choice from the beginning. let's say he has millions of ADA and can make $1000 a week as per epoch, then definitely a great investment. I learnt something new today. I have never explored Cardano so I didn't know that details about their staking initiative. The unstaking delay that is associated with proof of stake networks is usually undesirable. I remember one-time: I own a token — let's say X and the price was falling rapidly due to a high impact negative news. So I tried to unstake and sell immediately. The bottom line was that I was only able to access the tokens after 48hours due to the unstaking delay and at that time, the price had already plummeted. The same thing happened to everyone who staked UST on Anchor protocol during the UST depeg and Luna inevitable crash. Fascinating stuff, ADA's staking! and by the time withdrawal completed we'd lose half of our money, thats why sometime staking might be waste of time if it involves locking, imagine staking for period of 2 years and the price of coin went shit, that'd be massive waste of time and money certainy i'd be really pissed by that, the thing with staking is that the only staking that have high APY are those new tokens and shitcoin, and we all know how these tokens and coins gonna be in the future, reaching peak and then hitting all time low and never gets back up. I think in bearish its wiser to just settle with holding not staking, unless in bearish where we just gonna wait anyway, but in bullish and decide to stake at this exact time doesn't really seem like a good decision. you don't need to unstake ADA. you can send the tokens right away and their system will figure itself how much you have unstake. but holding in the bear market is not profitable. you would rather be selling than unstaking tokens. selling and turning your tokens into USD will be the most advisable path to take in the bull market. and you can just wait til prices are stable after a year. waiting for the cycle to happen again buy again and stake. therefore staking only when the price are getting stable. |
|
|
|
|
crypto traders have been making money since the start of the year for prices were gradually going up in the first quarter of this year. 2023 is a good year for crypto though the economy of many countries arent good.
i only see 2 people posted SOL as their highlights in the crypto journey this year. i should be the 3rd. though i eventually bought just just last week at $92, it is still a good profit for me. after a short time of waiting, the pump started again.
|
|
|
|
Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.
Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything. Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already. Because of the high volatilities with the altcoin market, reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that, this is because we may get carried away to believe that a pump in price means steady profiting, and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image. Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team. pump and dump teams are just in the newly launched projects and may only happen nowadays on shady exchanges. the bounty hunters though at very profitable in the bull run with the tokens they can forget after selling. when the price hits their target price, they can sell already. when you have been in crypto for more than 4 years and have been from a bull market to a bear, you'll definitely become smarter in the next bull run. there is no way you will wait for the bear market and the price of your altcoins to sink again before selling. right at its peak the smart investor may already have sold them all. |
|
|
|
|
there had been platforms launching campaigns in the forum that turned out to be scams which this option is not to guarantee the casino is trustworthy. they may not have had the intention before but when the business didn't go well. but i don't know if a casino can determine the success of the casino after launching it after 6 months, it could be a premature decision.
there is no way to tell whether a casino is a scam or not we only know it is a scam when they have done it already. they'd have that burden as long as they operate.
|
|
|
|
|
i'm not sure when it came out but one of the games that was recently introduced by casinos was The Miner. it's not the kind of online game where there are numbers in the blocks serving as clues but the miner still was based on luck. its multiplier is making players profit easily though. there's also "The Aviator" but obviously, it's still a crash game but becomes popular due to the addition of the plane.
these games are also promoted by a lot of local streamers in my country. even youtube vloggers with only 50k subscribers are promoting the casinos with this kind of game.
|
|
|
|
As joe Biden administration is planning to sieze the Russian central bank asset worth 300B us dollar to fund the war in Ukraine, it may sound logical but it is a move that will not only distabilize the world financial system, but it will also make almost all none western countries around the world to shift away from the dollar, euros currencies as foreign reserves, because no body will see such an event taking place and not taking actions to preserve it asset. This to me is a very wrong move that will kill the trust that existed between the west and global south. Major countries around the world will definitely interpret it this way, today it's Russia, tomorrow it will be us, and that action will crash the value of dollar and euros around the world. https://www.businessinsider.com/us-eyes-using-300-russia-frozen-assets-help-ukraine-backfire-2023-121. Most the assets of the Russian central bank are in Europe, so I don't think that Joe Biden has a major role in the decision about whether or not to confiscate the assets. 2.The European politicians and bankers aren't dumb. They know the consequences of such decision, so the European authorities are trying to come up with legal justification of such confiscation. Confiscating the assets without a proper judicial justification means stealing. The best decision would be to use the blocked Russian assets to payout the Russian government debt, which is owned by western creditors. Many banks and investment funds used to own Russian government bonds, but Russia failed to pay interest rates, because it was banned from the SWFT system. Such solution would be way better than "confiscate the assets and give them to Ukraine". that doesn't sound like it can justify the confiscation. they created a problem for Russia to not be able to pay after being blocked from SWIFT and then accused them that they didn't pay. but this wasn't the first time, remember the assets of Afghanistan were also seized when the Taliban took over the government to which they claim the funds will be used for the victims of terrorism to justify. regardless of who governs the country, the asset still belongs to the country. it might depend on how other countries will interpret it but these countries found an alternative to SWIFT to conduct their international trades. they were pushing countries like Russia, Iran, China, and NoKor to have a system where they could trade freely without using USD. it's a lot harder to control them in the end. |
|
|
|
|
Show Posts
