What I usually ask for this suggestion is, what do you do if the price goes 5x as you say then you take 50% and then it goes up again, you take 10% but suddenly it goes low to where it was when you bought it. At what price will you take the next profit? 10% from the price crash? Or it has to come back up to where it crashed from before you calculate the 10%?
I think it’s best to have a target percent where you can take out your money and look for another place to invest it. It mustn’t be from one cryptocurrency.
We don't need to celebrate told about when to take profit in the bull market. Once we have make profits from our holdings, it is a good time for us to make take prolfits without waiting for more time which could suddenly make the price of the token we are holding to fall in price makeing us to lose part of the profits or all the profits to the market volatility. It ought to understand the market to make money consistently. |
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I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.
I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC.  But it's only outperform in that time. True but nonetheless both of them are not in the same league (in terms of value). Bitcoin would increase in the dollars more than the value of 1ETH. Because it is like an elephant. Looks heavy and slow but each footprint is usually deep. Even if the fox will run faster. Haha! It’s just hard to accept the statement anyway, even if I get it. We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish. This is one of the best time to make money in the market if we really want earn from this altcoins season. There are already investors that have accumulated enought tokens for the bull that has already commenced. |
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If people of any country suffering from poverty or they are jobless or homeless, it doesn't means they'll scam us. There are lots of counties where people have similar situation. And maybe they also do scamming. So why only mentioned Nigeria? I can't deny i saw and heard that Nigerian people were responsible for scamming but scammers aslo live in your's country too as well as mine. So it isn't logical to blame only Nigerian
True, nothing justifies robbing others of their hard-earned money just because you are being robbed by your governing the name of tax and corruption and also scammers originates in all the nations but Nigeria had been made popular I don't think it's right to stigmatize issues like this. We need to work on putting these scammers behind the bar as only a severe punishment will discourage others from scamming and i remember how some call centres in India was raised for running a scam projects scamming elderly people in USA. The government workers and agencies are the major scammers in every country. Sometimes they steal huge funds without anyone knowing about it. The government also knows how to steal from citizens and sometimes we might not even be conscious about it. Everyone would keep struggling and making money for their lifetime retire and the government would be busy trying to tax the money back through various tax payments. So many things that needed to be discussed about. |
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We need law and order back look whats going on with our beatuful cities  I went in Canada Im so happpy that people fear police there nobody don't ever think about silly actions. All the world Police should see Canada police as example. I don't agree that someone get robbed on the street mobile phones or robbed in the middle of day light. We need armed forces on the street and If anyone do Even one silly move their hands will be braked and police dogs will haunt them down  Those guys who do bigger crimes not problem they behave Nice and well mannered and behave nice Im not talking them Im talking about silly people who disturb others with their small silly crimes. We need goverment power to make law and order Therew are different cities that have great security and one can even work on the road at the mid night hour. This is based on how security conscious that place could be. There are some cities that do not have a good security and people would keep going around stealing from commuters since the government do not provide a good job for people in such city to live on good salaries. Maybe it is will be quite conscious for many of us to move to a secury conscious local for our safety. |
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In the year 2010,my best friend introduce me to cryptocurrency and he advice me to invest in bitcoin. I felt bitcoin was another ponzi scheme created by scammers to scam innocent people. Today my friend is a multi Millionaire. If only I had listened to his advice,I would have become a millionaire by now.
INewvies are always full of surprises and I would be surprised. You mean your friend invested in Bitcoin in 2010? Maybe I would have to ask you how your friend get to know about Bitcoin in 2010. You don't have to lie to us to make a post. You can just come easily and shift the year to 2017 or 2020 rather than trying to impress us that you have a close friend that invested in Bitcoin as early as 2010 when there was not even an exchange to buy and sell. 20210 was too early for your friend to have invested in Bitcoin which I find atoms of lies in your posts. |
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I have a younger brother who lives in the US and yesterday he told me about a call he received saying that he can get his lost coins back and all he needs to do is submit his wallet address.
Before saying that I am a fool, I know this is a scam, but I need to ask about what could possibly go wrong if he submit a wallet address? I did told him to submit a random wallet address that is empty with no single transactions in the past though but I can't stop thinking what this could lead to.
If you know their trick you can always be ahead of them and possibly be able to Warn others too, I am just wondering what they could possibly have in mind, I think they will track his transactions to know his worth. Or there is more? What do you think?
Many hackers are now using so many methods to steal from their victims. We need to be wise and ready to safeguard our crypto portfolio. People are making money on a regular basis due to ignorant and not understanding they pattern they that be used to steal their coins. What does a scammer to hacker has to do with someone's wallet address? They would have to go through series if transactions and try to know here the transactions were coming from and where they are going. It is very important for us to get to know their tricks so we don't later fall for it. |
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I am begginer with crypto , is there any possibility to earn something?
There are different ways you can earn from the crypto market whether you have funds to invest or not. There are people that are still making money from crypto after they started with nothing. If you want to earn from cryptocurrency without any money, then you must be ready to do airdrops and mine because this is one of the ways you could make money from cryptocurrency. Many people have been doing this and they have been making consistent profits from the market and you can likewise so you can have fund to invest in cryptocurrency. |
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I guess he is just lazy? Or he want something different all along?
Some might to lazy but to be sincere I dont blame those who believe cryptocurrency investment to be exhausting and it's true unless we want to lie to ourselves because 90% of all crypto investors had enough sleep ever since they joined the space while the remaining percent that dont know about the market opportunities had 6-8hours sleep. if there's no creation of bots that ease the working of some traders and investors the exhausting level will be more than what we're seeing now. Sometimes not investing the actually money that would keep giving us profits could make everything exhausting. People want to make money from cryptocurrency but the problem is that they are scared to out their funds into crypto. Fear could be one of the reasons why many people keep getting fade up about cryptocurrency. The market is very volatile and one would have to keep holding for as long as possible so we can actually make profits from the market. |
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I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.
Is there anything we could do??
There is nothing you can do to facilitate the bitcoin price hitting $100k. Since you are a newbie, you can start accumulating bitcoin with the DCA strategy either weekly or monthly so that you will be busy and your thoughts will be occupied with how you can accumulate enough quantity of bitcoin before it reaches $100k. Also, there are 100 push-ups a day until bitcoin reaches the $100k challenge. The challenge is ongoing on this forum. You can join this push-up challenge to also be busy as you anticipate the price of bitcoin to reach $100k. I think it is the whales that can decide if the price of Bitcoin is going to hit 100k quickly or it is going to take more time. Cryptocurrency market is quite volatile and we all have been waiting for the price of Bitcoin to hit 100k so that we can all make money from our various holdings in the market. If the price of Bitcoin could quickly hit 100k, it is going to make making of the altcoins to hit 2x to 10X within interval of time. I believe such a time is going to come and we all going to make money from the market as soon as possible. |
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A good find, and these coins are worth keeping in your wallet if your briefcase is still free. Having a certain share of these projects, you can earn good money in the near future, I think that sui, arbitrum and optimism are among those that will not keep us waiting long, I hope for an excellent increase in their value this year.
One of the ways we can make mo ey from this presend market is to invest in so many projects so we can really make good profits from the market. There are people that are only interested in investing their funds on altcoins projects like the meme tokens because it has been found that they have good potential, that's for few or many of the meme tokens in the market currently. We can also put funds in other projects too that have good use case in the market. If we can diversify our investment, we would be surprised that we keep making money from the crypto market without much efforts. |
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DOT and MATIC both have good potential for the future.
but I myself prefer to hold MATIC for this year's bullrun. but it all depends on how you analyze it and what your future outlook is. because everyone has different views. and don't follow other people's views that don't necessarily match your wishes. stay DWYOR
The two projects have good utility but I would rather go for MATIC since it has good market movement and potentials of hitting 2X with time. I don't know more about Dot and I believe it is a good token that one can add to altcoins portfolio with a good movement. There are other projects in the market that could make us good rewards if we know how to get prepared and invest in them at the appropriate time. Timing is one of the ways we can keep making money from cryptocurrency projects ifnwe know the right time to invest in them. |
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I have made several profit from different altcoins projects and that is one of the reasons why we keep seeing more investors putting their money on altcoins. Altcoins are very profitable especially holding memes that has bullish movements.
We can always make money from the market if we know how look for good meme tokens that have huge potentials of doing well in the market. The most important thing is for us to look for them and invest few dollars using risk management so we don't lost money if the project ended up but moving well.
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I suggest you buy coins with good use case. Although I'm holding pepe and floki and I've been able to automatically take profit with them with my Bitget smart portfolio. I don't wanna miss out taking profit this time no matter how small it is. Because memecoins are always very volatile when it comes to dropping in value and no one can easily predict when the time will come.
Yes buying a coin that has a good use case and utility is good but we also need to understand that hype controls the market. There are something of good projects in the market that has a good usecase and deserves to be hold and invested in but investors are not really doing much things about them because the team are not ready to spend money to keep promoting and hyping the project. Hype has been controlling the cryptocurrency space for a long now and sometime having a good use case do not guarantee more investors to jump on the project. |
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binance did nothing to distrust its platform though. they are even exposing some scammy exchanges like the FTX. and because Trust Wallet is now owned by Binance i think it's still a wallet to be trusted.
so far i have a Trust wallet but only have a few coins in it. never too much inside but i'm using it to store some of my altcoins just as i use tokenpocket where different coins can be stored on it.
There is nothing wrong with Trust Wallet and if it is because the wallet is owned by a Chinese company then this could make it looksike a racist attempt to tarnish the wallet. Nothing wrong with the wallet and I have not heard about about problem or complains that people loses their tokens if they never disclose their seed phrase or it being compromised. There are so many worse and bad wallet we should not even talk about because they can not be compared to the Trust wallet privacy protection and reputation. |
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The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.
What is your view and your opinion about Ethereum? You can share if you want.
The sec do not have the tools or power to attack the Ethereum as a commodity. I dk t even bother myself about what the sec thinks about Ethereum, this project has been a strong project from the start and it's not now that things are going to go worsen because the power and the influence the sec has. Ethereum is the top 2 cryptocurrency projects in the market right now after Bitcoin as it also has the largest market capitalization after Bitcoin. We just have to keep holding it for a better rewards in the near future. |
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of course is very risky for a newbie to invest in memecoin due to the high level of risk that is involved in meme Investment, though there are some newbies who don't pay attention to those risk due to how people get profited from meme Investment, they also hope to get profited unlike those earlier investors. without even understanding how the market works, that is the reason why most newbies experience lose in the market, I think meme Investment is just for those who have the experience.
Some newbies are very hyper and optimistic. They are still quite high from probably finding out about cryptocurrencies and having that hope that this may finally bring them their much awaited money and success. Some newbies though are very nervous, hesitant and suspicious of everything. Not yet quite having mastered crypto, they do not want to dive into anything that could bring them loss. I don’t know which one is worse. I just know that in investing you should be both critical but brave. What they need to do now to make sure they learn very well from making their own research. If we don't make research when we want to invest in a particular project, we could be surprised to lose funds due to over confidence or the ignorant of taking information for granted. There are many bad projects in the market and we need to take precautions so we don't keep losing funds to the wrong projects. Our aim in the market is to make sure we make profits but when we start making loses, their is need to ask questions when could be the reason for that. |
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I think If we want to earn profit in trading then we have to correct our choosing factor also , one of which is the currency you choose. Sometimes we invest in a currency after seeing it go up quickly, and then soon it starts to lose. This loss is caused by our wrong choices. So we should always be careful in our selection and preferably invest in top 20 currencies. Investing in top 20 currencies reduces risks and keeps your investment safe. Investing in selected currencies with good research and accurate market information reduces your chances of loss. Avoid investing in haste without doing your research and market analysis and make top 20 currencies your first priority. This way you can get better results in trading and avoid losses. And can earn profit.
Exactly because many people are trading without them making any research on the platform and the areas they were not good that were making them to lose. They have to know the areas that they are not doing well in the trading process. And also they should not greedy in their trading because greediness makes many people to lose or not making any profit from their trading. And many traders do not understand chart so when the market is about to decline they would still be trading and immediately everything that they have gotten would just disappeared. If you want to profit from trading you have to understand the candle sticks and the market chart 📈 📉 so that you will be full aware and understand what is happening in the market. Don't just rush to the market. This is the actually truth that is being hidden away from the newbies. Some times I wonder how quick many newbies want to make fast money from trading especially when they do not have sufficient skill to back them up to get to the level of making the kind of profits they have been fantasizing. Greed could always comes in any time especially when we are not conscious enough to take the appropriate risk management that is good for the amount we are using to trade. Different amount for trading has different level of risk to be taken. |
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We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
At uncertainty times, if we cant afford for the risk, its more better that we stay away from trading and hodl our asset in USDT till we are able to figure out a particular good and safe entry point to start our trades, its important that we know the specific trade we are going for in a particular time and also have the patient required to wait till we have the achievement being done concerning our trades. One of the way is for us to keep saving when their are funds available for us to spend. In one time or the other, problem could come that would make us seek for financial help and if we already have the fund available, we could go for it and use it to settle the problem on ground. Trading in am uncertainty time need lots of risk management and also need to have extra funds so in case the market volatility swallow our funds which should not be if we have risk management in place and if we have be following it. We just keep to keep trade simple and less risky. |
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I'm just a newbie and I don't have other opportunities to make money irl because of my place of living and age. I tried already bounties and airdrops, but I'm not lucky in it. Thanks for your advices!!!
There are several ways to make money from cryptocurrencies apart from participating in airdrops, if you are serious about pursuing cryoptocurrency forums there are many opportunities to make money such as working as a blogger, promoting via signatures, Twitter and also Reddit. In this way you can make money without having to spend money from your pocket, from the several methods that I mentioned above, it is not easy for a beginner to start, but you have to learn more about the rules in cryptocurrency, while investment requires capital and has risks if you don't have experience looking for it. This is a suggestion which is easier for you to learn so you can earn from this crypto space. M One of the way to make money via cryptocurrency without any investment is for us to mine different available project for rewards. I have tried this many times and it works for me. There are so many projects available that one can mins with the hope of getting rewarded when the coin is finally launched. That is one of the ways we can earn through cryptocurrency without any investment. One can also join bounty campaigns participating in taks for future rewards that will be distributed to participants. |
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Yes, I agree with you. Trading is not a lifetime job, but Trading is one thing that can support man in different fold. You may not have much interest in trading, but the little you learn was support the knowledge you already have in different aspect of life and was supported. Yes, Trading is something different. It is good you are also engaging different thing. Get more understanding in different aspect of life before going into Trading properly. Even you going to Trading also understand different as butterfly. I may not have the code understanding to explain this better, but I’m trying to make some point.
I hope that trading can open up other business fields, be it real or online businesses. We can diversify the money we get from trading into other types of business. with more fields, our finances will be more secure. because I also agree with the statement made that trading is not a lifetime job, so we must be able to make the best use of the opportunity If one is good in trading, is there any reason to go get a job again? We all want to make money especially being an investor and if we are trading and making money for ourselves then we might not have the intention to go look for work rather trading more frequently so one can take care of different bills to earn in the market. Trading could be seen as a lifetime job if we are actually making good profits that could be used to create more businesses and investments that would keep generating more income with time. |
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