If it's old and it still have reasonable trading volume, it surely is worth for the longer term investment. There are already obvious old coins that are still promising these days. One that was made in 2009. It got forks but not all of it did the same performance as the original huehue. |
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Plus a moderated thread and you see a lot of deleted posts as well. I understand that thread should be kept clean but when the project has just started and there are a lot of deleted posts already instead of OP addressing the issue. It's surely a red flag. |
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Do you mean the investment is the risk itself? Crypto itself doesn't pose any risk. It's those people behind it that made it risky and how some teams stay anonymous. It's like those people asking out of nowhere in the internet for money but instead it is a scam not a charity.  |
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Well the first part is just the easiest part on your post. Rest of it is the hardest because you never know what you're really investing at. Diversifying just minimizes the risk of how much you possibly lose, but it isn't guarantee that you'll all cash it out more than from what you invested. That was my experience in my trades. |
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Jeez. How many times did this guy got mentioned to crypto already? From some like daring speculation to this. He got what he deserved though. This guy should just shut up, but I guess it's the internet so yep out of boredom maybe or just those known people shilling to get them paid. All about money sometimes  . |
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#3 Since it is split of the both #1 and #2. I'll change a bit about how #1 for me. It isn't all about the price even if it is the highest among all the coins in terms of it, for the reason that I'll just trap myself to pump and dump doom in investment. I won't look too much in market trends because I won't let myself to be driven by plainly hype. I'll settle for longer term coin. |
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Basically it's all about how much its price plus its circulation. Out of nowhere? There's possibility that it is all due to hype that's why these coins pop up out of nowhere. Like those pump and dump schemes though I won't conclude that all of those that are way below top 10 just yet. These coins in the top 10 still somehow manage to standup to their own area. We'll see in few weeks if those <top 10 will still stay though. |
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Save that question after Ethereum at least reached 50-70k. I wonder where did you get that info that ETH will reach 100k in 2030? Even Bitcoin right now is still trying to breach past 60k when it got price correction lately. Many asked the same for Bitcoin like if it will reach 100k back in 2017 when it was still around 20k. Right now we're going closer to ask that question to Bitcoin. |
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As of writing this and checking CMC, the price is now sharply dropping from $.000157 to $.000119 per coin. Seems like the hype is over for it and the coin is now dumping. It still has green in the charts like it has been up for +3% then gradually dropping. CMC defines it as a meme token anyway, so yeah it is like just those pump and dump. I could be wrong but who knows. I never dropped any coin into it. |
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I'll emphasize this a lot. I've had rough experience in jumping to day trading too quickly just because many claimed that "it is fastest way to earn", because technically you're trading actively throughout the day. I haven't experienced doing margin trading just yet, but I know it is another strategy. I know it would be a rougher experience for me back then and I might considered dropping crypto that day.  |
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I felt bad back in the days when I was still day trading. It felt like a defeat when I experienced loss in my first day in my day trading experience. It is written in my journal as well, but that's almost like buried already in my history here in crypto. It should be safe to say that I, at the least, became a short-term trader because I already experienced both sides. |
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Correct me if I am wrong as well. As long you don't include advertisement including signature in your post area, you should be good. In signature, aside from the signature restriction based on rank, as long as you don't put someone else's sensitive info as well. This falls into DOXes which might be way too far already from what the OP seems to ask, but it would be great to at least take note of it somehow. Quoted from Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ: ~ 24. Advertisements (including signatures within the post area) in posts aren't allowed unless the post is in a thread you started and is really substantial and useful. [9][e]~ Q: What about deleting DOXes?A: Nope, we don't delete them either as long as they comply with the following rules: <...>
1. Personal information must be confined to the new "investigations" board (under Scam Accusations), which is only visible to Members and above. Personal information is defined as anything which links a user's online identity (username, email, etc.) to their meatspace identity, excluding links that the person himself has posted. It is not allowed to post somebody's personal information in any other public place, including in signatures.
2. It is not allowed to post someone's dox if it is especially obvious that you're just using the dox as a weapon. For example, if there are no remotely-plausible trade complaints, then the person can't be a scammer, and their dox should not be posted.
3. As before, anything that the legacy insecure government/banking system requires to be secret is not allowed anywhere. This includes social security numbers, credit card numbers, and certain account numbers.
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Why aren't they deleted? Because such doxing is just compiling information about a user already available publicly, often via search engines. ~ |
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I would just simply wait for it to touch the floor. Just trade because of you. Take responsibility if you make the mistake. Don't just depend on other's decision. I would just keep holding if I was holding BTC regardless. |
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Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.
As long as we don't have anymore issues like those data leaks that happened before in Binance. It was a long time ago so I don't think it will have any effect to Binance up to here now. It's a bit too much to say that Binance will replace Ethereum though. I even remember a lot of people claiming that Ethereum will even replace Bitcoin sometime because those two coins, not in terms of price though, are somehow competing to each other. |
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Back then this was a trend. I have high curiosity in trends and I thought BTC SV is something worth investing until issues arise like fake-toshi claiming himself to be Satoshi Nakamoto. It's kinda crazy that when something has a prefix word of Bitcoin, many would think it as the real Bitcoin when there's only one Bitcoin in reality. |
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Well sometimes it is unavoidable, like when you really need some money. You won't care about the trends happening around you anymore like "is everyone looking for some coins to be grabbed by those who panic sells?" or "is everyone looking to sell right now because of the bull run and wouldn't just hold a bit to get to the ATH". I made the same mistake like back in 2018, especially when Bitcoin went below 7k like I thought I could never find opportunity to buy again then it fell below 5k. It was one of my memorable mistakes. |
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I wouldn't quantify the definition of rich though. Having enough for living doesn't really suit for being rich. It could be just having financial freedom, like away from debts and liabilities in finance. You could be rich in a group, community, or globally. I could term rich as how financially capable you are as an individual. |
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I don't know who that rock star is but it seemed that another push for people to invest a little bit in ADA though. I kinda remember day trading that coin with BTC back in the days in my newbie experience, lol. Good thing that he didn't go all-in and converted it all to ADA. Having some BTC with other alts is okay, but draining all your BTC for alts isn't my cup of tea. |
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Ethereum is also a coin to consider for long-term holding, I have some but Bitcoin have more chunks on my portfolio. Actually, I have some altcoins stuck in my wallet for many years but unfortunately, most of them are dead. A good choice of coins (including some potential altcoins) that have a huge market volume is one thing to see when it comes to this. Most newbies neglected to see that as they focus on the price and choose the cheapest one but in the end, they are just buying sh** coins. Feel bad for your wallet that have dead coins. How many coins do you have in your wallet, I wonder? It might have felt good to have a lot of coins in your wallet in the first place, but knowing that it just died in your wallet kinda drained me out. Good thing you still have BTC chunks in your portfolio though. Would advise you to not go all-out for just safety purposes. Keep holding. |
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But actually you can get an input on what's currently happening in the market and it's great to take advantage with it, just buy the news and once you see some sudden constant changes that might endanger your profit then sell just make sure that you will not end up bag holding. Remember that's how manipulator works that's why we need to be alert so that we can earn by following them. On spot. No one can stop these people in social media in saying something. No one can control their words as well so the only control we have in that kind of events is our reaction. I've been in and out in looking for good thoughts about Bitcoin lately in Facebook but everything that almost everyone said were just FUDs and thankfully I learned first about the basics of trading, pricing , and a bit of technical stuffs about Bitcoin before I managed to encounter these kinds of FUDs. |
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