Latest posts of: Rehan Zakir

Quote from: RapTarX on November 29, 2020, 04:05:17 PM

Cryptocurrency is still fairly new concept among the majority of the people. I remember when I was talking about cryptocurrency with some of my friends (explaining how cheap and easy to transfer money), most of them had never heard about the word. Even though, some of them knew about bitcoin, their knowledge was very little in this space.

The reason behind that is our mostly peoples believes on paper money. They cannot know about the digital currency or they don't know how they transfers from one place to another within minutes.
They believe on that currency that has a physical appearance in the world. We can only see the digital currency but cannot touch and feel.
So, this is a huge difference between both the currencies.
But the next generation is the digital currency. Mostly peoples transfers on digital currencies.

The best time for buying bitcoin is during dip. When whales sells their bitcoins and dumped the market. And they again buy the bitcoins at cheap prices.
But, now the whales creates a fomo for buying the bitcoins.
In just 22 days, the bitcoin price double from its ATH(ALL TIME HIGH). In this bull run no one predicts, when the price of bitcoin returns. The price of bitcoin is just making ATH to ATH. So, taking trade in this bull run is very risky.

# PROOF OF REGISTRATION
Forum Username: Rehan Zakir
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2900229
Telegram Username:@REHANZAKIR
Participated Campaigns: Twitter,Facebook, Youtube
BEP20 address: 0xF2f18eEa4e549436F2C5F114A30bF3723558B448

Bitcointalk username: Rehan Zakir
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2900229
Twitter profile link: https://twitter.com/SyedRehanZakir1
Twitter audit (recent): https://www.twitteraudit.com/SyedRehanZakir1
Twitter Followers: 662
Telegram id: @REHANZAKIR
Ethereum wallet : 0xe768198818Acda17974CA1c9e11BE8511CFD1AB1

Ethereum is a good coin. Now a days, the eth transaction cost is very high. And too much busy. Because there are many coins that are built on ethereum blockchain that why ethereum blockchain takes too much time.
I think if the price of ethereum is still increasing then no one uses this blockchain. Bitcoin is the King of all the currencies but ethereum cannot stand with bitcoin in future.

Quote from: Reid on January 03, 2021, 01:12:39 AM

I doubt that 10% or even 20% of coins or tokens will be left.
They always find new ways to create another token even with a repeated project or feature.
It will stay. Offering more BS to the investors just to prolong the scam. Grin

Stay with the old ones but good ones. It will be safer that way.

Some new projects introduces itself with a new technology and with a new concept.
But most of the total market capitalization is in the old coins. We invest huge amount in old coins such as (litecoin, bitcoin, ethereum etc.) to get good returns. Because these coins are trusted coins.
We have to notice the purpose of the coins and its total supply before any investment. Because these factors increase the price of coin.

This is a bitcoin bull run where the big investors are continuously investing. They just pump the price to create a hype and when they get their huge profits then they dump the price of the bitcoin.
Bitcoin next resistance level is near to 35,000$. If it breaks this level then the next flight of bitcoin is 40,000$.
I am very confuse that i have to buy the bitcoin at current price or wait for the dump.

Well said, But 6000$ is a very cheap price of Bitcoin.
Now the price of the bitcoin is above 34000$ and makes its ATH. What a massive pump in few months.
The early investors are getting good profits through this Bitcoin rally.
I have also sold all my bitcoins at very cheap prices.

Every successful trader start his journey from Newbie level. A popular proverb, "Practice makes a man perfect".
So, your continuous struggle will make you a good trader. Firstly, you try the demo exchange for practice. When, you feel you can trade with real assets then practice on your assets after sometimes you will be a successful trader.
Internet is also a good source for learning. You can also learn basics of trading through internet.

#PROOF OF REGISTRATION
Forum Username: Rehan Zakir
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2900229
Telegram Username: @REHANZAKIR
Participated Campaigns: Twitter, Youtube, Video
ETH Wallet Address: 0xe768198818Acda17974CA1c9e11BE8511CFD1AB1

If we have a look on history of bitcoin price. In may 2020, the price of bitcoin was dumped upto 3800$. Now, it makes a new high 31,500$, What a massive pump in few months. I think we miss the opportunity to buy the bitcoins at large scale. Now, buying bitcoin is very expensive and also very risky. Day by day, bitcoin makes new ATH( All time high). And it is very difficult to predict the next target of bitcoin.

Quote from: BigBoy89 on January 02, 2021, 12:54:32 AM

Quote from: Rehan Zakir on January 01, 2021, 06:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

It's not about the number or percentage.

IMO every token with real-life usage and a real team behind will not only survive but thrive in 2021 due to the enormous volume and prices. If you but your money on the next DeFi copycat, you may not be so happy about the result, but if you choose a real project, you may see good earnings.

The DEFI projects are very highly volatile coins such as YFI. whose price is near to the bitcoin price.
So, long term investment is very risky. The 10% of the total coins means that the only top market capitalizaton coins are good for long term investment for a newbie in crypto market.
But if you are a professional trader than you can also earn money through small projects.
The small coins are risky because the market manipulators can easily manipulate the price of small coins and after they take profit they start dumping and as a result these coins lose their value.