Bitcoin Forum
November 19, 2024, 05:58:40 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2
1  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Trading Volume an important metric ? on: July 04, 2022, 05:33:07 PM
Of course, Trading Volume is an important metric in the crypto space because it has such a huge impact on price from both an absolute and relative perspective.
If we look from a trader perspective toward the crypto Market so the first thing that we have to know about volume.

Trading Volume:
Trading volume is the number of coins that have exchanged hands during a defined period
of time, usually 24 hours

Trading Volume of A Coin:
The trading volume of a coin is how much value of a coin has been bought and sold over 24 hrs.

Importance of Trading Volume:
For example, if a trader wants to take a trade on a coin so first, they tried to confirm trends and patterns of the coin with technical analysis because high or low trading volume attracts different types of traders and investors. Many traders and investors prefer a higher average daily trading volume compared to low trading volume, because with high volume it is easier to get into and out of positions.  So therefore Trading Volume is an important metric in the crypto space
ref: https://www.investopedia.com/terms/a/averagedailytradingvolume.asp#:~:text=Average%20daily%20trading%20volume%20is,get%20into%20and%20out%20positions.
ref: https://www.bitrates.com/guides/terminology/trading-volume


Disclaimer: The post should not be considered financial advice. I do not give advice on financial products.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of metaverse in crypto space on: July 03, 2022, 12:00:01 PM
Future of metaverse in crypto space
First, we tried to know about that what is metaverse?
Metaverse:
Metaverse is a 3D virtual universe that combines physical activities and digital virtual worlds in a three-Dimensional world like real in which people can trade, buildings & other virtual assets can buy by using their personal avatars.
                      or
In other words, it's allowed people to buy virtual 3D items/deeds in real estate form like a piece of Art in digital form.

Metaverse In crypto Space:
In crypto space metaverse paly important which is used for buying something that goes hand in hand 
for example piece of virtual property and NFTs. It is a linkup between the real world and the virtual world.

Future of Metaverse:
The future metaverse would be something very similar to our real world in many aspects and even replace some real-world activities
ref: https://economictimes.indiatimes.com/markets/cryptocurrency/how-the-metaverse-future-may-look-like-in-2030/articleshow/91175337.cms
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin and Ethereum Dominance on: July 03, 2022, 08:38:31 AM
Will a new king of the cryptocurrency market willcome?

For me the king of cryptocurrency is Bitcoin. This statement is heard every year since Ethereum was discovered. It is just a fact that Ethereum is the new king of the crypto market No Never. Bitcoin is the King of cryptocurrency as well as the founder of cryptocurrency and still remains a king.
Bitcoin was the most popular and first cryptocurrency to discover which worked as peer to peer transaction system while Ethereum was used to create applications and smart contracts platform. These two coins are similar to each other In the choice between Bitcoin vs Ethereum, depends on the person how they used and which one they need Bitcoin or Ethereum.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: New coins bring a lot of big profits on: July 02, 2022, 06:43:46 PM
I think New coin brings lots of profits as a well huge loss at the current situation. if we look at the previous crypto situation there are no more scammers than current. if somebody wants to invest in a new coin so it would be risky now because scammer is everywhere like Do Kwonwho steals the money of many people. Initially, they attract people to their project and suddenly they got the rug pulled and run away. So in my mind investing in new coins is much riskier today.
But participating in ICO is good rather than directly investing in a coin. At first, the coin price makes a big pump so it is the right time to exit and make a profit because after the pump it makes a huge dump and stuck the new investor.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Is TRON dead? on: July 02, 2022, 12:34:08 PM
Tron(TRX) is not a dead coin truth is that its price is so low but Tron(TRX) has a high circulating supply and it works on supply and demand law. it is simple that Tron(TRX) has a high circulating supply so therefore Tron(TRX) has less price. Tron(TRX) is a decentralized Blockchain-based operating system created by Justin Sun in 2018 but its owner is not taking seriously their project on a right way
When the owner of a coin is regularly part of the news for the right reasons doing partnerships, launching great products, and developing new use cases for their projects, So for sure, the price of the coin increases. In my mind, Tron(TRX) is a good project for the future but still, its owner lacks care for their project.
Tron(TRX) is good for investment some experts say that the price of Tron(TRX) will rise again at the end of 2022 & their price go up as so far at 1$. I hope when the bull run starts
it's clear that TRX will cross its All-time High but it's my opinion. It's just my opinion I am not a financial advisor.
ref: https://trading-education.com/why-trx-is-so-cheap
6  Alternate cryptocurrencies / Altcoin Discussion / Re: is using 2fa safe in every way on: July 01, 2022, 01:42:35 PM
Yeah for sure 2FA is safe in every way. it's secure your wallet by adding one extra step to logging into your Wallet/Account. 2FA is actually adding an extra layer of security to your Account/Wallet.
For the following Reason, 2FA is best for everyone
* Adding an additional layer of security to Account/Wallet
* Blocking hacker attacks automatically
* Secure your Account/Wallet rather than somebody knowing your password
After my studies at google, I discover that some new studies say that 2FA is not safe and
are being hacked and not using an intervention from the user. The assault is known as "man-in-the-center" but am not sure about it is the truth or lie.
ref: https://screenrant.com/two-factor-authentication-security-effective/
7  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB or ETH ? on: July 01, 2022, 12:26:49 PM
BNB or ETH which one is better. first of all, I wanna say that both coins are known for best their quality. And similar to each other
BNB is one of the most popular Cryptocurrency Exchange coins powered through the Binance Smart Chain.BNB has the best quality of their low Gass fee for the transaction.
Ethereum is decentralized Blockchain technology & having the largest smart contract platform. Ethereum has the second-highest market cap after Bitcoin. Ethereum has one bad thing which is the high gas fee.
Both are great Coins too but personally, I wanna like Ethereum rather than BNB because ETH is great due to its largest market capitalization after BTC & largest smart contract platform. BNB is good for short-term investment & ETH is best for Long-term investment because Eth has a great future. I could see a huge potential in these coins.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrops vs Bounties on: June 29, 2022, 02:34:38 PM
Bounty or Airdrop many of them are scams but I prefer Bounties rather than Airdrop because still there have a bunch of Bounties worked rightly to give payment to their Bounties hunter. Mostly it depends on the project that how & how last long it worked & also project manager. But most of them are scams.
 I have only seen the best way of income on this forum is Signature. instead, of Bounty and Airdrop. if someone is a Legendary member their 1-week payment is more than if a buddy has joined two, or three campaigns at a bounty for 5,6 weeks their payment is less than having. that's your own decision which one is better. less time more money or waste of time & less money even if nothing
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana drop up to 5% on: June 29, 2022, 11:36:45 AM
should i buy this time or invest in other Crypto? is Solana good investment?

Solana is a good project. is still good for investment their price is down 80% from their all-time high. But Solana is a very unique project due to their exciting feature fast, secure, scalable, and decentralized. Solana is 3800 times faster than ETH 10000 times than BTC.
 If you want to invest in Solana for short term at the current marketplace so bro is not the right time to invest. you have still wait for their buying zone with DCA of your portfolio & if you want to buy for long-term investment so it's not bad at the current price of 34$. I am not a finical adviser but it's my opinion.
10  Local / Other languages/locations / Re: Pakistan on: June 27, 2022, 06:08:00 PM
Assalamoalaikum dosto ma iss thread pa new hu khaas kar iss Pakistani thread pa. Mujy yeh daikh ka bohout kushi howe ka itny bary forum
 pa hamara apna thread bhi ha jaha hum apni zuban ma kuch seekh saky aur logo ko sikha bhi saky mujy umeed haa yaha pa senior mare bahtareen rehnumai kary ga
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Which stablecoin do you "trust" the most? on: June 27, 2022, 12:24:38 PM
Most people in crypto use Tether(USDT) and Binance(USD) to hold their assets and save at Bearish Market in other words these stable coins are used to maintain a fixed price regardless of pump & dump. I personally used Tether(USDT) due to the most valuable cryptocurrency in terms of Market Capitalization as well as the oldest stable coin in the crypto markets. There are many other stable coins like Terra Luna, USD Coin, and DAI Coin, but favor is always with Tether(USDT)

Tether(USDT):
Tether(USDT) is the fourth most valuable cryptocurrency in terms of market capitalization & the most stable cryptocurrencies. It was first introduced in 2014. It largest cryptocurrency after Bitcoin & Ethereum.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Portfolio for longterm investment on: June 27, 2022, 09:49:28 AM
As long as my research for long-term investment I personally suggest a few coins
 It has Ethereum, Shiba Inu, Matic,... 
Ethereum is a class coin that is known for its sustaniable Blockchain technology & the largest smart contract platform. Their rank in the marketplace is 2nd in the future it will explode.
Shiba Inu is the top meme coin that has performed well & now Shiba Inu is among the top 20 best coins at the market place & taking huge gains since launched. Shiba Inu is the top crypto to invest in in 2022
Matic is the best coin for long-term investment. Matic is used for transaction fees staking, etc so it is the best investment for long term.
I am not a financial advisor but it's my opinion.
13  Local / Other languages/locations / Re: Pakistan on: June 26, 2022, 06:56:19 PM
Blockchain-based Tickets for 2024 Paris Olympics:
The interministerial representative of the French Olympic Games, Michel Cadot has a plan for the upcoming Paris Olympic 2024 to create Blockchain-based
tickets. This plane was suggested after "Tickets fraud" at the UEFA Champion League Football final in Real Madrid
and Liverpool in Paris.UEFA claimed that the kickoff was late 35minutes on the night of the match due to fake tickets attempted by fans.
After that, the French Olympic 2024 community have plan to stop this type of incedient they decided to make Blockchain-based
tickets.
Blockchain-based tickets will provide fans with a more secure way. According to his plan, every ticket has QR Codes
using Blockchain technology. The proposed blockchain ticket system will be non-transferable & personal for the fans. This type of ticket is only for big events.
Reference: https://coincodecap.com/blockchain-based-tickets-in-2024-paris-olympics
14  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about altcoin market on: June 26, 2022, 06:23:12 PM
Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.
Brother the first thing you have to know that nobody can confirmly predict the Bitcoin next move in current market the Bitcoin situation is just like the avalanche falling from a mountain so NoOne know that where it will stuck and confirm their support.
While the altcoins is directly proportional to Bitcoin
So if Bitcoin confirm their strong support then it will bullish his price & that will be the zone which we can say that it's the bottom of altcoins.
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not?
Yeh polkadot is quite good at 7$ price but may be it can go down if market crash but be patient because it almost hit 50$ in past so if you hold it
It will be Worthy more than you expectation in future
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Your opinion, NFT last long or not ? on: June 26, 2022, 09:43:55 AM
Non-fungible tokens, (NFT) are the most buzzed terms of the year 2021 popularly known as NFTs.
The NFT's term left behind popular cryptocurrencies such as Elon Mask coin, and Ethereum to create hype in technology with a large use cases.
In my opinion, NFT can last as long for the following reason.

◉ Metaverse
NFTs play an important role in the concept of a metaverse ecosystem, it's allowed people to buy virtual 3D iteam/deeds in real estate form
like a piece of Art in digital form.

◉ Web3.0
Web3.0 is the next evolution of the world known as the 3rd generation internet.
Web3.0 is a bit similar to metaverse in which browsers could securely essentially run web applications with 3D graphics

◉ Cristiano Ronaldo collaborated with "CZ" Binance for the NFT marketplace
Cristiano Ronaldo are collaborating with Binance to release NFT's series for exclusive sale on Binance NFT's MarketPlace.
 It is good for NFT's market because CR7 is known as the most popular Football Soccer player and has millions of followers following him. This thought of "CZ" is good for NFT to be aware of world people. Football Soccer has the most fans around the world counting is 3.5billions fans
so they will be also interested to buy CR7 NFT's collection I am sure it's will create much more hype in NFT's MarketPlace.
16  Bitcoin / Bitcoin Discussion / Re: Why is BTC transaction so slow on: June 25, 2022, 12:19:49 PM
Why Bitcoin Transaction is slow:
Every transaction is confirmed by the miners every ten minutes to add a new block by mining.
In Bitcoin Blockchain the current Block generation is ten minutes per Block.it means every 10 minutes, a new block is mined.
A New Block of the transaction is added to the blockchain and considered to be processed That's called Bitcoin transactions.
Bitcoin Transaction average on the previous assumption is 2,759.12 and the current Block is
10 minutes which is equal to 600 seconds. By the way, Bitcoin Blockchain can guarantee only 4.6 transactions per second.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance signs Cristiano Ronaldo for exclusive partnership to push NFTs on: June 24, 2022, 07:25:51 PM
Cristiano Ronaldo is now Ambassador of the world's best cryptocurrency Exchange "Binance".
It is pretty good for "CZ" to Attract the Global people & gain more fame through partnerships with celebrities.
Official Binance claimed that they are set to collaborate with "Cristiano Ronaldo" to create their NFT series for exclusive sale on Binance NFT Marketplace.
I am not sure about that but some rumors that are this CR7 NFT series will be released this year soon. But I am so excited about this idea of the humble "CZ" would change NFT MarketPlace as well as Crypto.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dead? on: June 22, 2022, 06:43:34 PM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Bro i am not sure about others coin but Ethereum is a blockchain-based platform best known for their cryptocurrency.
It is truth that Now ETH price went to $1,084 due to Bears Trend. But when the bull take the market in his own hand so no dout that ethereum could easly take his ATH.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: June 22, 2022, 01:20:20 PM
investment=ready to lose money
if you still doubt that then never invest in crypto, especially if this is related to new projects, you certainly hear a lot that many new projects end up being scams / unable to continue to compete

investment in new project=ready to lose money
that is Right Sir if we looked to the previous years that's how many project did the rugpull & steal the money of many people so it is not right step for the newbie to invest in new project
-Top Crypto Project Rug Pulls
OnceCoin (Over $4 B)
Thodex Over ($2 B)
AnubisDAO ($60 M)
Uranium Finance ($50 M)
Meerkat Finance ($31 M)
Arbix Finance ($10 M)
Luna Yield ($10 M) etc..
Source Link: https://coinscreed.com/defi-top-10-list-of-crypto-rug-pulls.html
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Still a good time to invest or not on: March 18, 2021, 05:50:33 PM
You don't have to worry if the price of altcoins is too expensive in the coinmarket because as the price of bitcoin rises, so does the price of altcoins, you just have to be a strong holder of the altcoins you want to buy. good for you to know more and learn about crypto what is good to buy.

Bro, I agree with u if anybody doesn't know proper about crypto so it would be risky for him to invest.
Pages: [1] 2
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!