I am new to trustwallet. I have TRX (tron) in my trustwallet. I want to sell it/swap it through pancake and convert it to BNB. But when I open pancake from trustwallet, it shows balance as zero of TRX in pancake..........can anybody please help
Trust wallet is a multi-currency wallet. If you select multi wallet and open Pancakeswap, your balance will show zero TRX. Only if your TRX is on BSC network then you can swap it on Pancakeswap.
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Investing in a new crypto project is very risky. I have not invested in any such project so far. However, research should be done before investing in a new crypto project. Such as project team members, whitepaper, website, social media, roadmap etc.
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Between Polygon and Solana I prefer Polygon (Matic) network. Because its transaction fee is very low and transaction speed is high. On the other hand, I have not done any transaction in solana network yet. Solana wallet seems strange to me.
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I think there is a correction in the market. Because for a long time the price of Bitcoin was almost fixed. The bleeding in the market has stopped and almost all the coins in the market are showing green signal. According to various experts, the bear market will start in Q2 of 2022.
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It is uncertain to receive payment from Bounty. Some bounties are successful and some are not. Each bounty has a different budget. Successful bounty pays some but unsuccessful bounty can't pay hunters. We have to accept it. Almost every day new bounties are coming. Some of these bounty budgets are escrowed. You can join these bounties. Because they are very sure to get the payment.
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If after a few months ethereum's gas fee is lower than BSC, then people will definitely go back to the ethereum network. The main reason for people to switch to BSC network was high gas fee of ethereum network. But then transaction speed will be an important factor.
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Why are you investing?
I think the one and only purpose of investing is to make some profit. Maybe this profit can make you rich or it can make you economically prosperous. Because someone is investing $million and someone is investing $100. He who invests $100 will not be rich in his profits.
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I was moving USDT, haven’t done on chain tx for a while. I was surprised to see the fee for USDT transaction was 16+ TRX which is almost $1.80 and at least 2x from few months back. Why TRON fee is such high suddenly? Or it's regular fee for the last few months which I haven’t noticed.
Recently I transferred USDT twice in tron chain. Each time the gas fee showed 16.5 TRX. But the fee for the first transaction is 8+ TRX and the fee for the second transaction is 4+ TRX. Only if you have 16+ TRX in your wallet then you can make transaction but the fee will be less than 50% of 16+ TRX.
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I just checked my old eth address. It shows zero gas. I have not used this address for a long time. But I have used this address a lot before. So is there any time duration here?
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I also notice that Gas fee of Binance Smart Chain is gradually increasing. The gas fee that used to be in a transaction is now double. Also Binance Smart Chain network is now saturated. This is probably why many projects are now being launched on the polygon network.
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If you invest in top altcoins like ETH, BNB then I think it's worthy. Because these altcoins are very trusted. However, it is better not to invest in new Altcoin for long term. Because it is very risky. However, you can invest for short term. During the current bullrun, it would be wise not to invest in a Altcoin for long term. Because winter season is always very long.
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$SOL is very much bullish now. So it is possible to rise $1000. But I think it will take a little longer. Because the price of Bitcoin has become almost stable. A little more pumping of bitcoin will increase the price of all altcoins.
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The lowest fee is now on polygon network. Prior to this network, the fee was low in Binance Smart Chain network. But BSC's fees are now gradually increasing. Tron network's fees are now relatively high. Moreover, the use of this network is very limited and is very limited in USDT TRC-20 transfer.
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Seeing the over hype of some new coins, many people, especially newcomers, are investing there without thinking. The dumping of those coins starts as soon as they invest, so they are facing losses. These over hyped new coins should be avoided at all times. Research on that project must be done before any investment.
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Ethereum's price is much higher now. If you buy ETH at such a high price, the profit will be less. So it is better to wait for market correction. Now you can buy a small amount of ETH if you want. However, holding a long term would not be wise.
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This month is really remarkable because bitcoin reaches a new height in this month of October. Also all altcoins rise in this month. But I think the most performing altcoins is SHIB, BNB, MATIC, SOLANA, Luna etc. I think the remaining two months of this year will also be remarkable for cryptocurrency.
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If you do not change your password and know your seed phrase, you can reset your wallet in Metamask. This will not damage your assets. I have reset my wallet on Metamask a few times and there is no problem.
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Weekend is on different days in different countries. In my country weekend is Friday. So on Saturday and Sunday I am busy with my work. I have no special experience of weekend trading. However, I sometimes buy some coins when the market goes dip and sell only when there is a small profit.
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Altseason is already ongoing. Ethereum is more than $ 4k, BNB is $ 480. However, if the price of Bitcoin crosses $80k, then I think the next altseason will start. However I think Bitcoin will not exceed $70,000. This is my personal opinion. Let's see what will happen in the near future.
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I don’t want to take any risks with my money. So I want to hold Bitcoin, ETH these top trusted coins. Because bullrun always starts with these coins. Then the other coins gradually began to pump. Also BTC, ETH is the very good coins for long term holding.
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