Willing to getting 30$ daily from 7k$, could complex. Its better to calculate average profit monthly which approximately 900$, what you want to make! Thats means you want to double (more than that) your investment within a year! Which will possible but no surety. Possible by Giving loan, staking money, providing liquidity or trading but those option could be risky for you as a newbie. Rather buy btc and eth and hold till next bull run. I assume, thus way you can also reach nearly your expectation
Even you will do some staking, providing liquidity, loans, etc. You can't able to make that consistent. We all know how risky if you provide liquidity or do trading, no 100% guaranteed that it will make you profits. About staking, APY/APR on most legit platforms will not make you $30 daily for $7000 staked. |
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Although current crypto market situation is very disappointing. Investors also showing less interested investing in new coins even most of new coins are also shitcoins. Altcoins crypto market pumped a little, a month ago but still no impressive movement is found. Wel During this situation, what are you thinking and how you preparing for next bull run? Which Altcoins you are planning to be hold untill next bull run?
I'm still into Bitcoin and Ethereum. They are my biggest allocation in the next bull run because I don't know when we will experience a bull run again so I move most of my funds into the safest assets which I believe it is Bitcoin and Ethereum, others are in Arbitrum token and other Arbitrum projects like the RDNT. |
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I believe that there's really no problem on Vitalik Buterin's side here, it's for sure on Twitter/X. It's just impossible that Vitalik Buterin will get hacked, we all know that.
I am really looking forward to the incident report here like how it is really happened. Twitter/X must really fix this, this is not the first time it has happened in the cryptocurrency market, even some big personalties already experienced this.
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Privacy is important when it comes to Cryptocurrency, so why do exchanges like Bitget require KYC (Know Your Customer) for all users, even those who only want to get airdrops? I thought KYC should be for those transacting many Bitcoins, Is it really necessary for everyone?
I do think that there are CEX that do not require any KYC but be wary of these exchanges as you should not keep your BTCs longer on them. Most of the exchanges have KYC in order for the platform to provide security for both of the parties. This guarantees the exchange that they have your personal information and no shenanigans can be executed. In effect, exchanges require KYC for both of your security. While this may be the case, I do recommend that you register in an exchange that do require KYC. Yep, there are still some of them I believe but these exchanges are fishy, because these days, most popular or reputable centralized exchanges already need to undergo KYC, and it's rare to see some that don't have it. Because for sure most of these exchanges are embracing this centralized thing, just to avoid such scammers or criminal activities. |
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The ones who are fearing that Bitcoins will end them in losses, let me clarify that not only Bitcoins but any type of investment have the fear of getting losses. So if you keep on fearing and don’t invest by taking risk then how the hell you will make money? Regarding the scams, it can’t be stopped to be honest. Scammers use all the possible methods to scam people, they use Bitcoins, sometimes credit cards and more. So the main thing is that, whoever is wise and got a broader perspective will definitely choose to invest in Bitcoins. At the end of the day we can’t force everyone.
I don't think so, because some people have their own opinions and we must respect them, especially if they just don't want to use Bitcoin or invest in it because they saw other opportunities non-Bitcoin related. I agree with scammers because even in non-Bitcoin like in fiat, scammers are everywhere, it is just we can't control it, we must be aware of any scam to avoid it. |
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These Telegram bots are for sure only connected from the API of exchanges instead of going to the real or actual exchange you can do the Telegram bots, it depends on how the Telegram bot is set up like they can add some special feature like a real bot that doing your trade automatically (where to enter, exit, stop loss).
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DCA is a common practice by most and why? It is because it was found effective. If you can't afford to buy coins in bulk, this strategy is the best thing to consider, and much work in a volatile market.
We should be smart in dealing with the market situation because investing in crypto isn't just all about money but also, it is all about how we strategies in buying. Isn't actually bad about using a lump sum of money because even using the DCA'ng strategy if can't adjust and afford to hold when the market dumps more, we all still lose.
Exactly, it's just another way of investing. Doing DCA is the best if you are afraid of not well entered properly, it's just minimizing the risk, or dividing your entry in different prices because we don't know what will happen next on the price, especially if you are cryptocurrency, it's extremely volatile where sometimes price are unexpected. |
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(...)
Assuming you plan to invest for 12 months by dollar cost averaging, and you keep buying 200$ worth of bitcoin every week or month, do you know that there will be times where the market will go up rather than down? DCAing at such times are increasing your risks.
This is good actually, just set your schedule when to buy and don't hesitate, don't look at the price because that's your plan. Your plan is to buy using the DCA strategy, so if you set it weekly, then buy weekly regardless of the price of Bitcoin. Especially if you do DCA on bear market, very worth it. |
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I remember the early days of this airdrop, where you can receive a lot of airdrops it does not matter if it is shitcoin or not because some of them are worthy and can make you quite good money.
Over time, airdrop has improved especially these days, where sometimes you can't cheat anymore. They already have strong way to identify if someone is cheating, like this sybil address thing.
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Prior to this google had banned all cryptocurrency ads on their platform back in 2018. I wonder what makes the Google platform to change their views and make a new policy accepting NFT ads. Any thought?
Probably those in charge of Googles advertisement policy were not sure how to handle the NFT fever, since many of those projects did not nave any meaningful value and many also were scams, so they went safe and tried to reduce the exposure to scams in their ad service. They now may have realized that the NFT boom has come to an end and the projects which have ultimately survive the fall are most likely legitimate. I liked Axie Infinity and I wished they did not go all in advertising their game as play-to-earn and focused in the fun mechanics. Or maybe they have now a way to lessen the scam advertisement, even though you can really eliminate or avoid it 100%, but at least maybe they already have a solution for it. For sure, one of the reasons why they banned it in their advertisement before is because of lot of scams especially if it's on bull market, scammers during that season are very active. |
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I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
(...)
It seems OP is not saving money here, this is investing. And when you do invest, it comes with risk, you either win some or lose some. You can't guarantee. But if you plan and do it properly, it is worth it and will be profitable. I like the confident of OP, by having a target first because if you do have target, you will work hard, grind to reach that target. |
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My biggest concern is not only this, but also Ethereum creator Vitalik Buterin. The project is too tied around him. So if he dies (God forbid) or something bad happens to him, you expect ETH's market prices to go all the way down the drain in an instant. It's likely ETH will become worthless after this.
(...)
I don't think so. Ethereum is not only run by Vitalik Buterin, but it's also a team and it is decentralized and open-source. So for me, even Vitalik Buterin will not be here anymore, Ethereum still exist, just like Bitcoin now, Satoshi Nakamoto is gone but Bitcoin is still here, running and kicking. What I am expecting only to happen is on price of Ethereum, it will react, like dump and it will just go up. Just like before when someone spreaded fake news that Vitalik Buterin found dead. |
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This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...
(....)
Well, for me, if you are a good trader, bear market condition is not an excuse, maybe you are just not trading fine, better to fix something from your trading. Maybe you are just in a spot or always long position. I understand your feeling, especially in a bull market where it's very easy to make money because who else not making money in a bull market?  Where everything you buy just goes up. Good 'ol days. |
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(....)
5. As a crypto trader what is your favorite crypto exchange you use for trading?
6. Are there other ways you trade crypto without using an exchange ?
5. For, I am currently using Bybit as they have this amazing user interface and user experience, It is very user-friendly especially their mobile application, and easy to use. Another I am using is Binance. 6. I think for this, it is more likely you will use peer-2-peer off the exchange, like not using any crypto exchange platform, like buying/selling to someone like personally or having in contact in social media or any communication just to be able buy and sell crypto. |
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This is the reason why if you can see on every block halving we can see how the price of Bitcoin every block halving is pumping.
So for me, it's kinda of every block halving, Bitcoin is looking for price discovery, just take a look on chart and see every block halving in previous, you will see how price is reacting.
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Better to use multiple sources, not only 1 or 2.
For example, a combination of these review platforms like TrustPilot, etc., and some multiple forums too because in some multiple forums, you will see real users that sharing their experience, sharing comments about the platform, and on that forum, you will easily point out if they are just dummy accounts or real, legit and high-rank users.
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"I want to find out because I think your experience in the case as I mentioned will be useful for readers, especially for me personally"
Personally, when it comes to recovering from a gambling addiction, it is not always that easy, and likewise that goes to drug addict, and all other form of addiction, whereby for anyone to fully recover, one needs to have a very strong mindset to change, and disconnecting himself from any environment the will tempt him/her into gambling, which for me, I can only see that for those who intends fully recover must take the right step in meeting the trained medical personal specialist whose job is the help "strong addict" with the right treatment plan recover fully from gambling gradually. I agree, there are a lot of ways, steps, and trials for them. Addiction is addiction no matter what, even if that is gambling or drugs. That's why we have a lot of rehab these days for a lot of kinds of addiction. I think the most common problem of other are they don't know they are already into addiction or they can't admit and it will lead to not seeking help for some professionals. |
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I am waiting for Binance Smart Chain (BSC) will be surpassed by any of these layer-2 networks especially Arbitrum, it is just a matter of time.
Arbitrum right now is leading and I agree with it already, using Arbitrum is good compared to other layer-2 networks.
Another event that we are waiting for is the time when the token of Arbitrum will pump as we also how layer-2 networks token before pumps and the TVL growth is unexpectedly high, it seems bullrun is only what we are waiting for.
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With Binance asking everyone to convert their BUSD to other stable coin, this give USDT price increase since current 24 hours BUSD trading volume, there are around 15% convert to USDT, so this give USDT price increase.
We are not sure, Binance seems advertising this new stablecoin called FDUSD (First Digital USD) and they also open a promo for a pair of BUSD/FDUSD like converting your BUSD to FDUSD. I agree with you that there could be some people will convert BUSD to USDT but there are lot of stablecoins now like USDC or DAI and some could start buy it with Bitcoin as Bitcoin is kinda cheap right now. |
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No hacks for me. But scam, yes, I experienced it.
Hacks for me are really easy to identify since I'm into technology and let's say I'm the person who is techy, so I am aware more on what I am doing online and it helps me to protect my Bitcoins or any other funds.
Knowledge is always your partner to avoid hacks.
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