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1221
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will you invest in a project that might take years to outshine the market??
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on: May 28, 2023, 06:05:49 PM
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My belief is that any new project that makes a huge surge in price in the short term of its launch is a hype-based project because most of the market-leading cryptocurrency project we have today was in existence for years before they could get the good adoption they had today.
This is the reason why we see some crypto investors being a victim of meme coin hype because the multiplier made by a certain project in the market is the major focus of some crypto investors these days.
The years a project shine is not my major concern cause the fundamental concept, the issue it solves, and the project's uniqueness is the reason why I invest in an altcoin if I must invest in any. Besides, there's a certain privacy coin that was launched 4years ago that I am holding and most privacy enthusiasts haven't noticed the coin but the developer are working hard and introducing new things into the market.
Not always because of the hype. New projects at the start of trading have a very small circulating supply, so it is very easy to inflate the price of such projects, exchanges are actively involved in this. After the price is artificially inflated, an active sale begins, and the project price is flying to the bottom. After she reaches the bottom, the supply has time to increase and price jumps are not as rapid as before. In fact, all these big candles are caused by short-term speculators and stock bots more often than just the hype around the project. |
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1222
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Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trade altcoins during the bull run or just hodl?
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on: May 28, 2023, 05:34:38 PM
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Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.
What makes you so sure there will be a bull run next year? What is the basis for that assumption? Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
Statistics and personal experience show that it is possible to earn more when you do nothing with altcoins and they lie quietly in your wallet. As soon as you start to speculate with them, you start to lose. The fewer trades, the more money, it's a long-established law. Those who make one trade a year earn more than those who make one trade a day. |
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1223
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Alternate cryptocurrencies / Altcoin Discussion / Re: NFT OR MEMES
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on: May 28, 2023, 05:17:41 PM
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Let me give you 2 topic names and tell me which one would get more replies "men spends zero dollars on nft because he finds it useless" and "men spends a million dollars on an ape image", which one do you think would get more attention. We see news because they are newsworthy, if something is not newsworthy we are not going to hear about it, doesn't mean it doesn't exists, it just isn't what interests people.
Most likely this madness will not happen again. Maybe we will see new NFT token hypes on new token standards or in new blockchains, but we will not see people who will be ready to buy these tokens for millions and tens of millions of dollars. People have already realized that this useless garbage is not worth that kind of money and investments in such projects are doomed to REKT. What used to be a reason to brag about their NFTs is now seen as shameful. Many of those who bought NFTs at such prices prefer not to name the real prices they paid for these NFTs, because they are ashamed. |
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1225
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Alternate cryptocurrencies / Altcoin Discussion / Re: Tron could be next doge or ada?
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on: May 28, 2023, 04:29:06 PM
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TRON isn't being taken seriously especially when it's been quite inactive in terms of development and innovation lately. With founder Justin Sun getting in trouble with the US, the future for the cryptocurrency seems bleak. I believe TRX will end up being like DOGE as a speculative cryptocurrency with no future ahead of it. The TRON blockchain may be fast and cheap to use, but it lacks quality dApps that are available on more robust Blockchain networks. What's keeping it alive is the USDT stablecoin and some exchanges with big investments on it (like Binance and Poloniex). If it wasn't by that, TRON would've been dead by now. Unless developers start taking TRON seriously, TRX (the cryptocurrency) won't be going anywhere soon. Just my thoughts  Binance hardly supports USDT because they have their own counterpart in the form of BUSD. It is more profitable for them to support it than competitors' coins. USDT TRC-20 and TRX are very well supported by Huobi, since this exchange is owned by Justin Sun. TRON seems more utilitarian to me now than DOGE, because DOGE is already a toy for speculation of one famous billionaire, but TRX is actively used for USDT transfer. This method is still very popular among the community. |
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1226
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Alternate cryptocurrencies / Altcoin Discussion / Re: Before investing on meme coin or shitcoins consider this.
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on: May 28, 2023, 04:22:02 PM
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The pancakeswap exchange has always been the spawn of all scams, because the listing conditions on this exchange are the most suitable for listing such junk coins. According to my observations, memcoin will bring great profits only when it goes beyond decentralized exchanges. Once listed on large centralized exchanges, memcoins always skyrocket in value and provide decent liquidity to profit at current prices. On decentralized exchanges, there is very often a liquidity problem when the price of a token has risen many times over.
The worst idea any investor might face is buying meme coins listed on DEX, such as Pancakeswap, Uniswap, quickswap, and other alternatives. Most of these meme coins are rug pulls coins, and anyone can easily create a currency, modify the address of its contract, list it on DEX, and add liquidity to it. After the currency owner collects sufficient liquidity from currency investors, he withdraws the liquidity, and the meme coin turns zero. CEX platforms can be safer, but the risk is that the currency and its pairs can be delisted when the exchange platform team finds significant instability in the prices. It rises with hype, and after it subsides, you see its price in red. I have no certainty about meme coins, and I am not interested in investing in them because thousands of promising currencies have actual use and factual projects in the market. So the thing is that buying on DEX exchanges is the most promising for memcoin gems hunters. While memcoin is not listed on CEX, it has not risen in price much and thus there is a chance to make money. This is a very delicate point and is more calculated on luck. If memcoin gets to the centralized exchange, your scenario with deletion because of the price difference is very unlikely. It makes no sense to pay exchanges a lot of money for listing your project to take all the liquidity out of it later. Such behavior of coins happens only on DEXs, because the cost of listing such projects is zero. |
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1229
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Local / Other languages/locations / Re: বাংলাদেশ (Bengali)
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on: May 28, 2023, 07:40:11 AM
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Xal0lex
Moderator
ত্রুটিপূর্ণ স্ক্রীনশটটি তৈরি করেছি কিন্তু পোস্ট রিপ্লেতে স্কিনশটের ছবিটি অ্যাড করতে পারছি না। দয়া করে আমাকে সাহায্য করুন। 🙏🙏🙏
একটি স্বতন্ত্র পোস্টে চিত্রের লিঙ্কটি পোস্ট করুন। |
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1230
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Local / Other languages/locations / Re: বাংলাদেশ (Bengali)
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on: May 28, 2023, 07:06:16 AM
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Xal0lex
Moderator
আমি যখন কোনো পোস্ট এর "Quote" বাটনটি ক্লিক করছি তখনই আমার ডেক্সটপ স্ক্রিনে এই লেখা টি দেখাচ্ছে।
[An Error Has Occurred!
The post you are trying to quote either does not exist, was deleted, or is no longer viewable by you]
ত্রুটি স্ক্রীনশট তৈরি করুন এবং স্ক্রীনশটে উপরে একটি লিঙ্ক থাকা আবশ্যক। এইভাবে দেখান:  |
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1231
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Local / Other languages/locations / Re: বাংলাদেশ (Bengali)
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on: May 28, 2023, 06:51:31 AM
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Xal0lex
Moderator
আপনার পোস্টেও উদ্ধৃত করার চেষ্টা করেছি কিন্তু তাও হয় না.
[An Error Has Occurred!
The post you are trying to quote either does not exist, was deleted, or is no longer viewable by you]
ঠিক সেম ওই লেখায় আসে।
এটা সম্ভব না। পোস্ট উদ্ধৃত করতে "Quote" বোতামটি চাপতে হবে। আপনি কি এই বোতামি চাপছেন এবং তখন আপনাকে একটি ত্রুটি দেখানো হচ্ছে? এটি কি সত্য? |
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1233
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can NFTs last forever?
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on: May 27, 2023, 06:41:05 PM
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I wonder how many NFTs, of all those created at the moment, have any value at all, not only to their owner, but to the rest of the community or even to world culture? How many? 0.001% of the total? Less? More?
-cut-
Probably slightly more then with erc20 or bep20 tokens. As those are even easier to make, you don't need even images to attach to them. I consider NFTs basically as shitcoins or memecoins with pictures. At least with those you can play with more visuals. Having a million pepe coins seems less visully entertaining then having 100 different pepe nfts. Even though you don't own the pictures, just tokens linked to them. Probably because many people associate NFTs with images. I've rarely seen NFTs containing chunks of text or audio files. Probably because many people prefer to see what they buy rather than read or listen to it. I remember there was even a little hype around NFT with famous tweets, but that hype quickly subsided and didn't get the proper exposure. Even the NFT, containing the very first tweet in history, has fallen in price many times over, as few people are interested. |
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1234
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Local / Other languages/locations / Re: বাংলাদেশ (Bengali)
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on: May 27, 2023, 06:36:59 PM
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1:  2:  3:  4: 5: 6:  আমি একজন নতুন ইউজার এই প্রথম আমি পিজ্জা বিটকয়েনে পার্টিসিপেন্ট করলাম এই পিজ্জা কমিউনিটিতে পার্টিসিপেন্ট করে আমি খুবই আনন্দিত আমার অনেক ভালো লাগলো পার্টিসিপেন্ট করে। গ্রাম্য পদ্ধতিতে কম খরচে একদম পিজ্জা বানিয়ে ফেল্লাম দোকানের মতো এবং আমি গ্লোবাল কনটেস্টে য়ে আমার তৈরি করা গ্রাম্য পদ্ধতিতে পিজ্জা সাবমিট করেছি এবং আমি এখানেও শেয়ার করলাম আমার গ্রাম্য পদ্ধতিতে পিজ্জা তৈরি করা প্রক্রিয়া আশা করছি আমার এই প্রক্রিয়া পোষ্টটি আমাদের কাছে অনেক ভালো লাগবে 'ধন্যবাদ' |
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1235
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will you invest in a project that might take years to outshine the market??
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on: May 27, 2023, 06:07:29 PM
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I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.
Some project need time to build and shape. What do you think?
Investing without patience has little value. If an investor invests his money in a project, he must understand that the full return on his investment will not be in weeks, but at least a year. There is no such thing that the project immediately reveals its potential, it necessarily takes time to develop and spread it in the community. This is why those who want something from the project in a few weeks should not look in the direction of investment, but rather in the direction of trading. |
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1236
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waiting patiently for the next bull run...
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on: May 27, 2023, 05:32:57 PM
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New memecoins seem to be a great investment if you get in on them early on. # BART #DOGEAI #GREG #DONS But buy at your own risk when the % Is over 2000% already and most investors are looking to cashout. https://coinmarketcap.com/view/memes/The big question is how many of these new memcoins will bring their owners real profits instead of solid losses. My fear is that 99% of investors will be at a loss. Now, after the success of PEPE, there is a tendency to think that investing in new memcoins is somehow justified and is a good investment. It's all FOMO. One project encourages people to get into these kinds of high-risk investments and lose money on it, expecting that their particular investment will yield thousands of percent returns. |
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1237
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Alternate cryptocurrencies / Altcoin Discussion / Re: Before investing on meme coin or shitcoins consider this.
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on: May 27, 2023, 04:52:10 PM
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Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
-snip-
I would add to this theme that it's important to always watch where memcoin is listing. If it happens exclusively on pancakeswap, then you should definitely stay away from such a coin, because on this exchange mostly all sorts of scams appear, and such projects don't live long. If memcoin is listed on other exchanges, more famous, then it is not so clear. Better if I see then on more pronounced exchange than that pancakeswap that have birthed a lot of scam shitty coins in recent time, in fact, that exchange has become a dumping ground for all the shit coins and projects that are just created as hypes and nothing more. Even as a struggle to believe in the possibility of a truly functional and long-term memecoin with any use case to rely on for long-term goals, I still know there are few of those coins that present something near alternative but can we rely on them for the long term, that remains a question of time. The pancakeswap exchange has always been the spawn of all scams, because the listing conditions on this exchange are the most suitable for listing such junk coins. According to my observations, memcoin will bring great profits only when it goes beyond decentralized exchanges. Once listed on large centralized exchanges, memcoins always skyrocket in value and provide decent liquidity to profit at current prices. On decentralized exchanges, there is very often a liquidity problem when the price of a token has risen many times over. |
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1238
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Local / Альтернативные криптовалюты / Re: TRON - децентрализованный интернет
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on: May 27, 2023, 04:30:18 PM
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Начисление голосов происходит только если добавлять в стейкинг новые троны? Спрашиваю, потому что за сутки мне ничего не начислили.
Нет, голоса сразу начисляются после начала стейкинга. Может быть просто подождать надо было - сегодня тронскан тормозит жутко, данные по голосам мне подгрузил только минуты через две-три. Как только я добавил в стейкинг троны мне сразу же начислили голоса. Но, если я больше не добавляю в стейкинг троны, то и голоса не начисляются, верно? Иначе как объяснить то, что прошло почти двое суток, а мне начислили ни одного голоса. Хотя реварды начисляются. |
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1239
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Alternate cryptocurrencies / Altcoin Discussion / Re: How do you choose altcoins you buy?
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on: May 27, 2023, 04:04:39 PM
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But at the same time TRON has a wide spread in the crypto community, and its blockchain is very popular among those who are engaged in USDT transfer, because the TRC-20 transfer fee is much lower than the ERC-20. All major exchanges support this blockchain. Despite this, TRON in no way can storm its ATH, behaves like XRP.
Correct me if i am wrong but i think it's cheaper or at least as cheap to send usdt via polygon or bep20 network. You don't need to use erc20 for that. Or at least i haven't used erc20 or trc20 for usdt for a long time as there has been no need for it. But as we are speaking of pennies anyway, it wouldn't even matter if i had to use $1 or $0.20 for tx. Right, transactions in ERC-20 and TRC-20 networks are sometimes very expensive, but they have the highest distribution and support for various services. It is much cheaper to send transactions in Polygon, Optimism, and Arbitrum networks. The only disadvantage of these networks is that they are not as popular in the crypto community, and it will take a long time to fix it. For example, USDT in the Arbitrum network is not supported by almost any exchanger. Go to www.bestchange.com, there even in the list of USDT offered for exchange there is no Arbitrum network. |
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1240
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Alternate cryptocurrencies / Altcoin Discussion / Re: Before investing on meme coin or shitcoins consider this.
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on: May 27, 2023, 03:48:08 PM
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I would add to this theme that it's important to always watch where memcoin is listing. If it happens exclusively on pancakeswap, then you should definitely stay away from such a coin, because on this exchange mostly all sorts of scams appear, and such projects don't live long. If memcoin is listed on other exchanges, more famous, then it is not so clear.
Generally, meme coins are listed in other more famous exchanges or centralized exchanges after they've got enough community hype and the centralized exchanges like Binance have seen some demand for them by their members, that is when they add those tokens since they know people will trade them and they will earn revenue from fees and stuff. For me, even if a meme coin has been listed by a popular and trusted exchange, I wouldn't still invest in it since their hype is mostly only a one-timer and they tend to just drop and drop and stay stable after the hype is over. Right, because centralized exchanges are much more popular among crypto investors and have much more liquidity concentrated there. Listing memcoin on a centralized exchange almost always guarantees a sharp rise in the price of that memcoin. One big disadvantage of all this is that if memcoin is already listed on a centralized exchange, it will be extremely risky to buy it because the price will already be quite high, although it may still rise. If you bought memcoins on a decentralized exchange before that, and after that there was a listing on a centralized exchange, then you are very lucky. |
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