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Yep, same boat as yours. I thought that dude was cool in crypto but then made some BS dares in Twitter that he can't even do like betting his D for Bitcoin reaching $1M and his prediction is way off. Just the typical troll you see in the internet everyday with just a title shining his popularity. |
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Kaya pala nagsimula nang manahimik ang mga taong nakikita kong nagpopost ng mga invitation para tulungan sila mag invest diyan sa Facebook. Sa mga nabasa kong nagpopost niyan sa Facebook kalimitan ay mga nag iinvest sa ETH at hindi Bitcoin.  Buti at napigilan na ito kasi nagiisip pa naman ako magtry ng ibang platform na pagbibilhan ng mga coins. |
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My portfolio right now is divided into 50% Litecoin 30% Eth and 20% Bitcoin. I want to restructure it between these coins (Or other coins), What should I do? I tune in and out of the crypto markets pretty often so my knowledge isn't optimal.
In your place, I would just put it all in Bitcoin even though it isn't a lot of buy when we compare it in the price but in the long-term, it is sure hella worth it. There isn't much anything to buy aside from what you mentioned unless you decide to day trade then pretty much the topper coins in the CMC would be your best shot. |
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Community as well. When we're speaking of community, we're also talking about communication. Does the team update well in any social media channel? Forum? Telegram? Because even if those teams have good reviews in sites like ICOBench, but they don't update the project progression, that's still a red flag, at least for me. Some reviews are paid also, and people should be wary of those. Repositories are kind of an indicators as well. How many pull requests were made within a month? One would be too unrealistic considering that even the most updated softwares, although non-crypto related, are being update almost daily. |
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I just stick to Bitcoin most of the time. I don't have all the time to keep my time up on all these research things about teams and stuffs to find legitimate project unless scams would be like a rare thing here but being it in the internetis unlikely. Bitcoin already gave the solution I needed, so I'll stick to it as well as invest to it for future earnings, other that are so-called alts are my side investments as well. |
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I guess that's why I heard from some people that Monero is being heavily regulated so far in other countries, huh. This would be more prone to being more banned and less adoption that Bitcoin, hmm? I never bought any XRP ever and just stick my money to Bitcoin most of the time. Bitcoin is banned into some number of countries. |
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I'm not sure making a fake ID is a good choice, you should leave the platform that asks for KYC instead of creating a fake ID, because it is an offense to use fake KYC for personal gain.
or you have to be selective if you want to do KYC, for example you only do KYC on trusted platforms like Binance or OKEX,
well for now there is no point in making a fake ID because it will only harm you, after all, many platforms currently prefer KYC live, meaning they cannot upload from galleries or documents stored on the device so they will immediately take pictures from the device you which means it is increasingly difficult to fake your identity. Yep. It's a loss-loss situation especially when the authorities track you down. You just paid for your own grave for that, because aside from paying for the service of buying the id, you'll pay for the fine obviously. It's not even worth using those in airdrops requiring KYCs as most of those coins there are shitcoins anyway. |
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It actually can be tough sometimes to determine whether an airdrop is fake or not. I usually look through there website, LinkedIn, and whitepaper(if available) to determine whether the project is legit. I don't participate in KYC unless I 100% believe in the project.
This is a non-crypto but I remember someone busting fake tech scammers where their LinkedIn profile seems legitimate because there are a lot of people vouching for them in the feedbacks. Take it as another advise for everyone that LinkedIn feedbacks can be faked or even paid if that thing still happens these days. LinkedIn might seem like a professional website for professional people but after I watched that video of scammers being busted and calling by their real names, I was moved. |
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99% of the DeFi projects are now scam because scammers move on from IEOs and started migrating to DeFi projects but still investors feeds these beasts that's why they never quit. These thoughts you mentioned are practically what people should look out though. Regardless of the trend of the projects, there will always be those scums trying to scam. |
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Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website ' https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118% within 24 hours of listing and have a volume of 5 millions usd on Uniswap. My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS. the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return. i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap. BE CAREFUL.... . The problem in the common sense of some people is that they're more on trends over objectives. You can see it when ICOs were still like trending back in the days then IEOs took over then their eyes on ICOs these days are all now scams. Whatever coin it is, whatever site it looks like, the trend becomes the problem for some investors these days. |
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Kucoin is a big exchange. but they seem that the security of the Kucoin exchange is not yet tight, the act can still be hacked.
They are tight I used to trade here, and there's aways an update about their security, it just happens that hackers are good to make a breakthrough on their system these hackers are a big headache to the industry, and the industry should set up a system or a defense ro combat this hacking to end this once and for all. From my recent reads that were published 3 days ago, they are still in the middle of freezing user's wallets for now. Not sure what happens to it today, but all I know is that there will be a lot of exits from KuCoin, well unless people would still get back and trust it again. This is why people aren't advised to keep their funds held at an exchange. A percentage of APY isn't that worth. |
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is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
When speaking of volatile coins like Bitcoin, you can't speak of "normally", unless "normal" is already in your mind that Bitcoin is really indeed unstable. There isn't single problem right now in the market. It is just stabilizing like Bitcoin being above 10.5k lately but <11k. You don't expect history to repeat itself, so don't think of 2017 anymore. Think more of breaching past 20k aside going back from it. |
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Just take these sites mentioned below as just suggestion on what to check first, not literally the one you should trade at only. Research these sites mentioned below you, OP before you take a hit to register and consider being open to these.
I've been a bit close-minded to just trading in Binance before, now I know I missed a lot of opportunity for not checking the other sites.
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Taking profit will differ with individual traders; base on period (long term and short term), coin type etc. I dont consider it to early to know the strategy to stay beyond the bull market and rather thrive through the bear.
1. What coin are you taking your profit?
2. If stable coin, When do you plan to shift to it?
3. What is the strategy to pay tax?
4. Will your Lambo come before the parabolic market if your acquire certain profit?
5. If the cycle in the space is really 4-5 years, what is the plan to cater for the long period of bear market?
1. BTC. Welcome to Bitcointalk Forum. 2. USDT, but that would be my choice when I only day trade. I don't use it for extracting profits from my held BTCs. 3. Common Discipline. Don't invest or throw money when the taxes are burdening you. Focus on it. 4. I don't think I would be able to buy that much from my profits in crypto because it is just my side earnings in the end. 5. When speaking of any bears, I hear the hodl. |
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I don't think that a single whale could buy the entire supply of BTC anyway. Those who even have the most money outside crypto won't think of buying what's left of few of bitcoins because probably the price skyrocketed due to the massive increase in price of course. Even those who planned to be a whale can't do it anymore for the said reason. They're just likely to become the usual investor because they can't buy a lot of coins. |
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If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.
You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!!
If you Want to be successful trader you better learn hard as you can the techicals.
Uh, isn't that obvious? Maybe not really for the technical side unless you're learning smart contracts, etc. Just a watch in Youtube would already help you. You don't need "someone" actually. You could just self-learn and get the hang of it. Did that in my day trading days. It was a learning experience because I didn't earn but I still learned. |
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I am a newbie on this forum and I have read my posts that people complaining how they lost their fund as a result of investing on Volatile coin like BTC. Is it now advisable for newbie like me to invest on less Volatile coin like Tether or Gemini USD.
Lost or made a loss? If you mean by lost, then it's either they got their wallets hacked and lost all their BTCs. If you're responsible to your wallet as well as your private key, you don't need to worry. If you really mean by losses, then you shouldn't worry for coins like BTC if it is even volatile. It's been like that since, and people are still holding and believing on it. The volatility isn't so bad when you finally get used to it. |
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I think people should use wallet that can give you access to your private keys and dont keep your money on exchange. They will lock your account for no reason.
One of the worries if you are using centralised exchanges, is that they can mandate what they do to your coins. As you said, they can lock your account for no valid reason. So it is better to own your wallet with your own private keys and such. At least you have the full control of your funds and you don't have to worry that the exchange will get it from you for no reason. Although non-crypto related, it kinda reminds me of the story of my friend that got his PayPal account locked for no reason. To sum it up from that story of my friend, I don't want to hold any kinds of currency into the internet handled by a 3rd party. Everyone should learn what does "owning your money" really mean sometimes. |
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Many people are stuck with a project just by looking at the name, and it is a big mistake not to see the contents of the project because there are many strange names but it becomes a successful and successful project, so the name is not a reason to choose. good project or not.
It's always better to go deeper than be attracted by name, people should be looking for the future developments and what's contribution the project may bring inside the ecosystem, aside from having an attracted name. There's a point that readers may have a good glimpse when the name triggered their attentions but all in all it should be the project itself and the potential that may bring investors money inside the project. It's kinda crazy that we're getting a lot of "future developments" like we have De-fi before and now we got Uniswap, now what's next? But that doesn't matter. What matters is that not of any of these coin-term do matter in the end. It's just a trend. Back when ICOs was like being looked up by the investors but now it is just frowned upon by many these days. |
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You can say the same to every social media sites we got.
There's Facebook groups with circles of crypto holders and even cults there if I can recall some of them claiming to be one before.
They can say anything they want, in the end it is just like those whales telling you to sell so that they can grab your coins after you sell.
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