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1  Alternate cryptocurrencies / Altcoin Discussion / Re: BEER 🍻 MEMECOIN, will this narrative fly? on: May 31, 2024, 05:48:10 AM
i once saw a token that came from the ethereum chain which had the same goal of uniting beer users, but now that token is dead. and now there is another token that has a similar purpose, the difference is that it is on the solana chain and it is a meme token. will this be a temporary hype token or will this be a dead token? we don't know, but what is certain is that we have to be wary of new types of tokens because they have high risks.
It's probably from the same people or someone that had invested in that token in Ethereum tried that idea because they want to capitalize the current trend of meme coin in the Solana ecosystem. I guess you can probably buy some of that token just in case there's a possibility that you'd get some profit out of it if not huge profit, I think that this kind of thing should be taken with moderation. As @DeathAngel has said, there's no limit to the possibilities and don't put too much money. It's a really cool concept with this meme coin too, I mean it aims to unite beer enjoyers all over the world, it's not that goofy if you ask me but there's a point to it, I do hope that it finds success.

Most people forget that memecoins are just for the hype.. and it's not for ever. You capitalize by riding the hide with other users, taking capital along the way to protect yourself.


I have used this strategy for Shiba, Doge, pepe, FLOKI and others. And I've had good success in terms of memecoins. This would also be good to employ on these recent generations Solana memecoins like BOME, SLERF, WIF, DOG, BEER, X etc. I commend the listing team on Bitget, they spot these alts with good community & list them early for users to trade..I don't really wait for binance anymore cos they dont list tokens on time and are not flexible. But I'll suggest you DYOR and know that memecoins are volatile and trading them can lead to losses of funds...
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Should i buy more Catwifhat after getting free airdrop ? on: May 30, 2024, 05:00:17 AM
After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?
$SOL meme tokens are something that im really that eyeing for on holding but just like on what most people been saying that when it comes to meme holding then it would be not that good for long term but of course there would really be those exemptions because we've seen couple of conditions or situations that even with those shittiest coins on which we do thought that they wont pumped but it did really be able to reach up those all time highs on which it do really shows up that the possibilities are there.

Last bull season it was BNB, Now I think it's sol that's the king of memes.. most of sol related memecoins have done good. I'm exploring Bitget memezone at the moment to see if this CWIF oo mentioned has volumes, if it is I'll take a bet on it.. it's short term though😆
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Utility Make Memecoins More Stable? on: May 28, 2024, 10:37:30 PM


Is this a new trend with memecoin? I know I play lots of games so I believe games can definitely attract a new niche. But will utilities like this make memecoins more stable in general?

So much depends on the kind of utility if the utility is something that will benefit the community in a long term yes they can make the coin even if its a meme coin to grow and be stable, not only that it should be updated as it progresses.

There are coins with utility but failed to sustain itself because it failed to keep up in times so they eventually become obsolete, its good to know that some memes are attaching utility to their platform this is one of the criticism of meme coins they were created to be a pump and dump.

You're spot on. It depends on the utilities. But I think for a memecoin to become fully functional there'll be lots of factors that needs to change. TS for instance. Shiba, doge, FLOKI they've got good use cases but they're still memecoins. So to the OP, a memecoin is a memecoin. When you add utilities it becomes polished or a bit less volatile. Dogemon has the potential to do well because it's under $10m mcap ATM. Let's see how things unfolds.

4  Alternate cryptocurrencies / Altcoin Discussion / Re: A GAME-FI PROJECT WITH HYPE CALLED SOUL LAND on: May 27, 2024, 05:10:17 AM
[...]SoulLand appears to be a promising project with a unique blend of social interaction and gamification.
Everything looks like a promising project - at least that's what every new project says. Nothing is unique gamification and social interaction since they copy each other. There will probably come a day that every game is the same but everything will come down to branding.

Quote
It looks like a potential gem, but thorough research and cautious consideration are crucial.
Good call but now is probably not the time to watch and wait if your goal is to earn from this project.


Yeah I agree with you, looks like a good project but the price trend isn't giving bullish vibes at the moment. If you can take a bet, it might turn out good NFA. here's their recent partnership>> https://app.questn.com/quest/841612704407327201
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Could This Web3 Project Be Aiming For Greener Solutions? on: May 26, 2024, 06:42:13 AM
I thought it can be used to mine other coin/token, but it said it will be used to mine their token. Who wants to mine their token anyway? wasted opportunity here. If the device can mine multiple coin maybe it will get better reception

Yeah it could mine multiple coin asides their token. Saw it from the whitepaper op posted .https://solarx.ai/whitepaper Though its a new concept but I think they should be given the benefits of a doubt. Their token SXCH price trend isn't bullish yet, but judging from the activeness in their TG community I'll be watching this. Their admin also posted about collaboration with Bitget to feature their token on PoolX> their new launchpool product. That might give the token more visibility moving forward. Like I said. Fingers crossed.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Will It Be Jubilation or Devastation? Ethereum ETF Call Imminent on: May 24, 2024, 03:18:18 PM


The Ethereum ETF has been a big deal lately. For a long time, Ethereum has been under a lot of questions and uncertainty from regulators. This has made things difficult for the whole crypto industry, especially for Ethereum and its related projects. However, there is hope that if the ETF is approved, it could be a positive sign for more stable and clearer regulation.

If the ETF gets approved, it would be an important milestone. It might show progress towards regulators understanding crypto better, even if not completely. Some people think political factors, like President Biden's team wanting to get more support by approving the ETF, show how important crypto has become in American politics.

What do you think the implications of an approved or rejected Ethereum ETF will be for the crypto market as a whole? Share your thoughts below!


The ETH etf has been approved and eth market dumped. Even though personally on the long run I think this is good for the crypto community as a whole, but we're yet to see it's effect in terms of price trend.. noticed some platforms are leveraging this to reward traders eth ETF event. Let's see how it unfolds. Which ETF will be next to be approved?
7  Local / Nigeria (Naija) / Re: Tradding Vs Saving, which is the safest way to build crypto holdings on: May 23, 2024, 03:41:19 PM
Anyone in crypto space right now and who has been active will agree with me that one of the vital parts of what makes cryptocurrency trend and go viral is the fact that it volatile and this has made the whole blockchain interesting, I mean the fact that one can easily turn some penny into a huge amount of money within a short timeframe makes it attract people from  all over the world aside from sending value.

While the volatile nature of crypto space remains attractive and lucrative, it still remains the nightmare to many and hence the need to always ensure safety from the what makes crypto tradable. In the bid to achieve the purpose of trying to grow one's asset without having to expose it to volatility risk, several risk control measures have been set up which include stop loss, but that is not 100% sure to guard users from the price fluctuations, and hence the need of savings and getting returns high amounts of APR and this mimics the bank savings with, but here with higher rewards, if a person saves $1m, he could end the year with a good sum by just holding his asset, while a trader could turn little amount to huge one, it could go at that same rate too, so which one would you prefer as a trader and why

As a trader you always want to be in charge of your money. But if you've got a good savings offer with juicy APR like this one here👉https://www.bitget.com/support/articles/12560603809977 you can take it. But always do your research and be intrigued about the learning process before earning(Result). I'm sure naija folks here are always here to help you if you need it..
8  Local / Nigeria (Naija) / Re: Scam ads on Bitget on: May 23, 2024, 06:13:35 AM

This is exactly what happened to me this evening at bidget. I sent 32 USDT from another exchange to bitget account which was reduced to $28.67which I was angry about it, secondly I saw #1500+  when I placed the Oder I didn't see that the price has changed from #1500+ to #1370. I have initiated the the Oder before I saw the price. The guy quikly send me #39k instead of the #43k I initially saw. i replied him that am not happy about the deal. he just said I initiated the deal I had no option than to release asset but I told him I will tell my friends to be careful with him on bitget. below is our conversation


So I have learnt my lesson today, and I will be vigilant next time.


I don't think he'll be able to do this anymore cos Bitget has improved their P2P trading with some changes... Part of it is Sellers won't be able to change price in the middle of a trade. This means those abusing this floating order won't be able to do that anymore..you can confirm this and revert Thankie..
9  Local / Nigeria (Naija) / Re: Scam ads on Bitget on: May 22, 2024, 10:11:53 AM
If you need an exchange for P2P, Bitget is the worst one that you can go to. Do not be lured with high price. If you are looking for a better centralized P2P exchange, there is one that remains among the common ones that I have told you people before but I will no more mention it because I do not know who is reading this post right now but I believe you people will easily understand.

I have not seen a scam centralized crypto P2P like Bitget. It is the worst that I have tested so far. I intentionally moved $30 worth of coins from Bybit to test how P2P is on Bitget because I have not used it before. I like experimenting. I could have exchanged it around ₦1450 which amounts to ₦43500, but I was paid ₦37500. That is ₦6000 scam.


What happened

The ads are easily changing after you clicked on it. These are examples:

      


I can not be so stupid to go for that low prices but there was an ads that it did not warn me but sold at ₦1250. The ads was at ₦1500 when I clicked on it as I was going from higher rates to lower rates, but no warning than the order has been created. Before I know, the buyer has sent me the money and I lost ₦6000.

If not because of that, I wanted to try ₦1450 and slightly lower prices but the coin I was using for the testing has been sold for naira in a way that I do not like. I got no coins there again. But I think even other ads will be like that. Bitget is a scam centralized exchange for P2P. Tell people to avoid the exchange. It is full of scammers if it is crypto/naira P2P.

Sorry about this experience.. Did you check his trade history?.. I'll feedback this to the Bitget team and revert..
10  Alternate cryptocurrencies / Altcoin Discussion / Re: I Need Good Recommendations For Dexs On Solana on: May 17, 2024, 03:02:52 PM
Hi folks! Based on your trading experience, what other good dexs are there on Solana?

I've been using Raydium ever since I first started transacting in Sol chain and I'm looking to explore some new options. Raydium has served me well, but I'm curious to hear about other quality decentralized exchanges on the Solana network that you've had success with. Any recommendations would be greatly appreciated as I aim to diversify my DeFi activities. I'm open to exchanges with unique features, competitive trading fees, and strong liquidity. Looking forward to hearing your thoughts!

Hey buddy. I see alot of forum members have given recommendations. But I'll suggest looking into drift protocol..it's a dex on Solana that's be on since 2021.
drift Protocol
11  Alternate cryptocurrencies / Altcoin Discussion / Re: How AI is impacting web3 and our everyday life on: May 17, 2024, 06:08:05 AM
Hey everyone! I come from a time where AI is revolutionizing everything - from how we work and think to how we solve problems. Though mostly created by humans and comprised of code, AI is making our lives easier and faster. That's why I'm always intrigued by new projects, especially ones like VIRTUAL Protocol that bring AI solutions to the web3 space.

VIRTUAL Protocol enables the creation of AI entities capable of text, voice, and motion responses in virtual environments. Its main goal is to produce and market these AI personas effectively.

The protocol incentivizes individuals to contribute data and create AI models, while validators ensure quality and functionality, earning rewards in return. Integration into the system is simple for DApp founders, allowing for quick and cost-effective creation of immersive experiences. Content creators can creatively monetize their characters and stories. Exciting times ahead! What possibilities do you envision for AI in the web3 space?
I'm of the opinion that AI will be a means to an end, it'll support and create opportunities in web3 but humans need to evolve to keep up with this trend.. let's see how it goes though. Seems this virtual protocol has secured a recent partnership listing. https://www.coincarp.com/events/virtual-protocol-new-listing-on-bitget/
12  Economy / Exchanges / Re: Is trading on CEX still worth it? on: May 16, 2024, 01:38:04 PM
These days I buy most of my tokens especially altcoins on decentralised wallets like Jupiter or metamask and I only trade on CEXs when they list tokens I already own and I send my tokens there

The only time I buy tokens on CEXs with my credit card is when exchanges have zero fees events or events like a rebate on a deposit you make like the one Bitget currently have and other CEXs like Binance, kucoin etc.

Do you guys think CEXs are still worth it? Let me hear your thoughts

I think Jupiter & Mm are self custodial wallets. But they're a lot of factors users use cex. Most times coins listed on cex are vetter, and if you get rugged & be platform has safu or protection funds you can get reimbursed, there's also benefits of launchpools, launchpads. For the current ongoing deposit rewards ongoing you listed. Is this one of them? deposit rebates Saw it on Reddit.
13  Other / Serious discussion / Re: How do you holding up? I really want to know... on: May 16, 2024, 01:02:50 PM
Hey guys. Not sure how many guys are like me, so I really am curious to find out.
So, many people joined crypto community since 2017, got rich af and probably doing good and fine. But people like me who fucked up missed almost anything, failed at hodling and etc. You know...
So, I don't know. I'm getting fucking old. I'm not making so much money from market yet I'm addicted, I left my work for market and I'm fucked up for that as well. There's so much confusion in my life. I want to know how old pals are doing, what are their plans and what to do list and probably get some help and ideas since I'm going to be a father soon. Yea, I'm that fucking old...

Just keep grinding. It's difficult but consistency breeds result. Don't give up mate. Your breakthrough is coming. Congrats on being a father.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Offline Mining Actually a Thing? on: May 16, 2024, 05:53:56 AM
I don't know how that id possible because as you said mining need internet to synchronize the data in the Blockchain so if they are saying their system of mining does not need internet service then they have to explain more to us. Or you can drop the link of the information. Well I just checked the website and I saw the news on the home page of the project. https://canxium.org/ but their website is working with internet so I don't think the mining will be automatically done with offline.

And if they do then the coins are not in the internet but in the software or the app as you download the app, you have already downloaded the token. Then you mind it from there.

It seems to be possible, they just released a thread explaining it. you can check it out. https://twitter.com/canxiumchain/status/1790270632053391451?t=nLqw2sAKnvSn41B5gPuFWA&s=19 and it seems most users are buying the idea because $CAU is on Bitget's top gainers atm. Which indicates persistent interests in the project. Let's see how it unfolds.
15  Local / Nigeria (Naija) / Re: Kucoin suspended P2P in Nigeria on: May 16, 2024, 04:47:36 AM

They’ll come for all other exchanges and we are all expecting that at the moment now. After all this steps they’ve taken, we have not seen any appreciation in naira against dollar, will the fight still continue with cryptocurrencies or they’ll go through another means which they knew the right means to use to tackle this all along.

This is no more a problem to we the crypt enthusiast. The government have done so much and they wont rest till they eliminate every way Nigerians have been using to operate in that area. Only one thing is certain that they will get tired and forget about all this fruitless actions. Soon everyone will forget about what is happening and focus on themselves, the government has a hidden agenda based on their actions which they are using to blind the eyes of the youth. Surely their plans would never work out, we will surely have a way.

Someone mentioned the govt has an hidden agenda and won't be surprised to see them bring up their own P2P trading system. Thinking about it I think it may be true ahah. Anyways till then they're still good platforms that has P2P running. Someone could suggest some and you may check them out..
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Becoming A Confident Trader In The Crypto Space on: May 15, 2024, 05:39:09 AM
Good luck with your competition goals. I've never been a good futures trader myself and always envy the large profit they display on exchanges. When I copy a successful strategy, the ultimate demise of it gets started. That makes me wary of copying them. The problem with my futures trading is I make money on most of them but the profit are small and the few times I lose, the loss are huge. That's why I have limited myself to spot trading, even though I'm in loss compared to USD, I'd have more coins.

Your risk management techniques needs to be worked on, if you get that right, then your risk reward ratio would be different. I can recommend some books to read and some Yt videos to watch. OP seems excited about the competition so I wish her well cos I heard KCGI is a fierce trading tournament but also exciting. She should update on her progress lol

You've said it all.. heard about the competition last year didn't participate. Seems it's back again with improved rewards.
KCGI2024
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Becoming A Confident Trader In The Crypto Space on: May 15, 2024, 05:36:25 AM
~
Confidence is indeed necessary in carrying out any activity, but sometimes people who are not aware of their excessive self-confidence only show themselves to be arrogant and forget that above strength there is strength and so on. You may feel like you are the greatest among the others, but that is all just for your own motivation, not really recognized by other people. There is no need to show who we are to the world if we have quality, then the world will recognize you without needing to be asked. Any type of trading will not always be within your grasp. Other people also make entries in different positions, fluctuations and pressure will change someone who is optimistic into overthinking.

good luck Cheesy

Confidence and owning your emotions. Trading and emotions Dosent go together. This is good tip mate..
18  Economy / Trading Discussion / Re: GME:GAMESTOP produces magic in 24hrs on: May 15, 2024, 05:07:36 AM
That is because there's connection to the news of the actual gamestop stocks. For which this gamestop crypto whoever made it several months ago.
It's pure hype and whoever is going to FOMO on this one are catching the falling knives. Don't buy with the hype that it has created but if you think it'd still move up, good luck.

That's what meme is all about. Since it's trending, I'll capitalize on the trend around this region

I'll place a bet here and hope it pays off
19  Economy / Trading Discussion / GME:GAMESTOP produces magic in 24hrs on: May 14, 2024, 01:50:31 PM
Seems the meme wave is back. Yesterday, AMC produced a god candle, but today it's $GME. How do you explain a token from 2021 making over 1800% in ROI and the original token hitting an ATH of $80 after one tweet from its leader, who went AWOL for 3 years? Not only that, lots of platforms have lined up to list the meme version on sol. I've been in the crypto world for a few years, and this is right up there with one of the craziest things I've witnessed. Did you catch the GME wave??


20  Alternate cryptocurrencies / Altcoin Discussion / Did you farm BUBBLE? on: May 14, 2024, 05:05:45 AM
Hey mates, this year we've seen a lot of SocialFi projects erupt. They've introduced social farming on Twitter to get airdrops. We've seen the likes of BLOCK, PARAM, BLOCK, PORTAL, and now we're seeing BUBBLE about to go live on multiple platforms. So, I'm asking: how's been your experience farming these airdrops over the last few months? Have you gotten anything substantial from them? Are they worth the stress and hassles? Ahah!

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