Forget it. If you want to use crypto, use BTC, or ETH. Other options are not that trustable. And most of them are not safe at all, just like that shitcoin.
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I think everyone here already knows that. I think it's more important not to push people into Bitcoin. If they are interested themselves - you can tell them everything you think you should. But just doing that from nothing is kinda pointless.
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I don't trust memecoin. Because after coming to the market these coins first show huge hype and then after some time they turn into shitcoins. So investing in these coins is very risky. Even your total investment may be over. These are basically funcoins that exist today but not tomorrow.
thats true, these meme coin even though might look massive at the time of its prime but eventually will turn to shitcoin again, its just called meme coin routine to grow so high and then turns into shit coin. after all meme coin really is just a shit coin. talking about shit coin, the nature of its obvious cycle can be taken advantage of by those that are good at analysing and finding new meme coin to invest but surely it will also requires good timing to get the profit. therefore for newbie its 9 out of 10 they will just outright loss, if someone is newbie with not enough experience i would advise to not invest in shitcoin. How can a cute or funny coin without the same features became massive? I think that's funny. Their characteristics says it all, that is why many of them didn't manage to jump. If there are some meme coins who survived, their increase aren't that huge enough. I think shitcoins are different from a meme coin, I mean they don't use the same images and names but their faith are almost the same. Both coins aren't still great if we want to take investing or even trading seriously. If we are good analyzing, we better use it for good or to those coins which we can benefit greatly, not the coins which the ones that can benefit are only their creators. It can become massive if the right amount is invested in advertisement. But still, it doesn't make them good or safe, so I prefer to ignore that stuff.
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Most people don't invest at all. They don't trust it at all, and they don't trust Bitcoin even more. I don't think that we should do something about that unless the person asks you to. Because otherwise it starting to look like you're dragging someone into the Ponzi scheme, even if it's not.
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I don't know why is anyone surprised. I thought that it would work like that since it was announced. Never had plans to use it anyway.
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I have never even thought about something like that. Can I ask why do you need it? And how hard did you try to Google it before posting here?
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What is your opinion? And and which method do you prefer to be used in this present market conditions? For a normal investor, and by normal I refer to someone who doesn't have any particular financial skill (like myself ) I think the DCA strategy is one of the best things out there: you keep investing every month, you know you won't be wasting that money buying useless stuff, and if the market goes up you're happy, if it goes down you're happy anyway because you can buy more BTC investing the same amount of money. No stress, no margins, no need to check the price every 5 minutes, I like it. True. I think it's the best for the regular folks. Trading is hard and requires not only experience but something in you that not everyone has. And trying to find the best time to buy Bitcoin might take your time, nerves and sometimes you might even lose the best price because you're waiting for the better one.
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Bitcoin will never be stable. Or even if it would be possible, people from this forum wouldn't be able to make it. Why do you want it to be stable anyway?
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I'm think everyone who owns crypto assets believes in USDT because USDT is the best stablecoin in my opinion and some others. and I'm also sure that everyone must have saved assets in USDT. and the other option in my opinion is BUSD because Binance is one of the best at the moment and a big Exchange market based on coinmarketcap data.
Well, I don't think you can speak for all crypto owners. But it's definitely the best option we have IMO. I don't trust BUSD and BNB at all. Binance is having not the best times right now. And the worst may yet to come.
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I think that's kinda funny. On one hand, I can't respect those who uses OnlyFans on both sides of it. On the other hand, it's a good marketing for crypto and more money that flows into the market.
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I prefer not to predict anything in the short term. Pumps and dumps are temporary. But I don't think we're gonna see a bull market too soon. I just wonder if crypto will stay for a moment or will go down even more.
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Most of them are obviously fake but still you can give it a try as you never know which of them may turn out to be a real one and there is no harm in giving it a try out, though I have bunch of them pending in my trust wallet address which is of no use still we can give a chance rather than regretting, consider it as same shit coins or meme coins which has possibility to go ATH during bullrun.
Funny that you say that there is no harm. You can get a bot or something that will leak your data and will make you lose all your coins. If you see something suspicious it's better not to touch it.
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We know that USDT is coming back from the most horrific situations from the past. But I want you to answer this, what do you do if someday without any signs USDT falls back to 0.1-0.2$? What do you do? Can you survive in this situation? What do you do if you put all your assets in USDT?
If USDT suddenly crashes like UST, it will have a huge effect on the market as USDT occupies a large part of the market. And many may suffer greatly. USDT is trusted by many people and many hold huge money through usdt. If i say my personal thing i use usdt but don't hold all my money in usdt. I hold about 2-5% of my total assets in crypto and keep 25-30% of that in USDT from this budget and rest is other coins. So even if USDT crashes, I have no chance of major losses. If USDT crashes somewhere then I will lose all my money. Because I keep all my money in USDT. But now I thought I will invest the money in different places so that if any coin ever crashes then all the money will not be lost.USDT is reliable to me that's why I like to keep money in USDT. But if USDT ever crashes crypto market will suffer huge loss. It may take years to recover from this loss. Hope to see something like that No, we still need to take some precautions so that our money is safe in case of such an incident. Why are you holding all your money in USDT? I mean, it's a stablecoin, that's an interesting choice to say the last. But I'm not judging.
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DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?
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I'm already receiving my salary in crypto, just not in Bitcoin. It's not something too special, to be honest, I can't just use it, I'm withdrawing every time to pay rent, buy groceries, and all other stuff. With Bitcoin, it would be mostly the same.
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I still think that XRP is not really worth buying. Yes, it pumped after the case, but will it hit $1 or more? I doubt that.
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both have a high risk, where the NFT only moves when the trend is, it's different with the meme coin where when the market is bullish, it can be flown again. so basically if to choose both I prefer to choose meme coin than NFT. when we can take advantage of both opportunities as I described above, it will give us big profits, but if not then big risks await. therefore I have both just for fun, but for now I only have meme coins to save, who knows when I win the lottery during the bullrun
Also, most NFTs are really expensive, so you can't just throw $10 or $100 in them just for fun. I don't like memecoins, but at least it's easy to take advantage or at least not lose a lot of money.
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Expecting bitcoin to be stable is completely wrong. The way Bitcoin have been developed is to function upon the demand to supply which makes the market to be volatile. There were more predictions that the market will turn stable when the adoption of bitcoin reaches larger scale. According to my understanding amidst all good things happening around, it is really impossible for bitcoin to be stable. Also most of the people who were hard users of bitcoin never want this to happen.
Yes, absolutely. I can understand why new people are scared of that. People tend to call BTC currency, and people want the currency to be stable. I just used to see BTC as an asset.
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It gives you the freedom to define it yourself. If you don't find it useful as a currency, then it's an asset. If you don't think it will be worth it in the long-term, then it's a volatile experiment that can give you short-term profit. If you utilize it to buy stuff from the Internet, it's a currency.
True, I like that it can be both and it defines by the person that uses it. For me, it's an asset.
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I liked to use TRON, but the fees became much bigger lately, and I'm thinking to switch to something else to be honest.
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