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261  Economy / Economics / Re: Is Covid-19 carrying the growth in digital currencies? on: June 20, 2021, 03:02:18 AM
It helps specially that nowadays shopping occurs through online and payments are also made through online. As more and more companies and businesses are adopting cryptocurrency, it is quite true that this pandemic quite help in growth of digital currencies. Another one is that it is less hassle and less prone to contacts of the virus.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum or Binance Chain (BNB)? on: June 18, 2021, 10:19:47 AM
With all its advantages, id prefer Binance Smart Chain due to the fact that it has its low fees and faster transaction speed. I believe Eth's network advantage is that it is well known to developers and easy to access however network traffic is such a nuisance and probably one of its biggest disadvantage.
Another thing is that I believe centralization isn't much a problem in BSC.
263  Alternate cryptocurrencies / Altcoin Discussion / Re: Prices are low, time to buy some good coin!! on: June 18, 2021, 09:20:53 AM
Yeah and many more good projects are undervalued as of now. Take BNB as one of best example and coins like PUNDIX, XRP, XMR and many more. I believe its in discount as of now and could skyrocket in a year or so. Ive been accumulating some of it in past few weeks and probably be getting more.
264  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best place for staking or yield farming on: June 17, 2021, 12:51:06 PM
Try SOVRYN. It built mainly on DeFi for BTC and having less fees unlike any other platforms out there. They also have yield farming with substantial good rewards with their yield farming. You can also stake their and earning with good rates with all the fees that the platform is generating. And the best thing is it is also a decentralised exchange.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: Holding 5 years a just a imagination on: June 17, 2021, 05:52:43 AM
It is historically proven that prices are going up by just holding. Take a look at BTC and other coins out there with real life usage. Its all up to us how to spot good coins and reject investing to shit coins which is hyped up by some individuals who like to manipulate markets. DYOR and if for you it could do something great in the future, holding it for 5 years is not just an imagination but a good decision.
266  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 16, 2021, 05:03:54 AM
Well it all depends on how you interpret things. Money can be use for good and can also be used for evilness.
"There's no poor people, just poor mindset" that's what I always hear from influencer who talk in public, they refer
poorness as an effect of poor mindset that leads to lack of knowledge and dedication to attain something in life.
I believe its all in our own judgement on how we use money. The question is would you use it in goodness or
for evil?
267  Economy / Economics / Re: Xi Jinping Beats Crypto, Bitcoin Mine Closes on: June 16, 2021, 04:06:19 AM
There are several cases happened before saying that China's banning Crypto in their country. It is not new to have these news and as far as I know, it was in 2017 where they start banning it. I know it was just for pure market manipulation and still crypto market is still being bullish.
268  Economy / Economics / Re: Are you making money online? on: June 16, 2021, 03:20:21 AM
I've been looking up for opportunities here on the forum to find some good project that could lead me to financial freedom, sadly signature campaigns aren't one of those. Signature campaigns sufficient enough for us to have a good kind of living thus having some main source could do good for us. This pandemic taught me a lot about earning online by applying in freelancing. It could give good amount of money as well as experience as well.
269  Economy / Economics / Re: Risk of Inflation in Economy. on: June 15, 2021, 05:58:54 AM
There are several factors that Government could do to fight against inflation. They could use wages to lessen the growing inflation and if necessary reducing the printing of money in a year. The problem is that some governments are incompetent enough to sought these things and some are blinded with money. These are the reasons why most countries are suffering inflation.
270  Economy / Trading Discussion / Re: your worst mistake on: May 08, 2021, 02:19:51 PM
Following whales. This is my first wrong move in trading to spot. I lost a lot with them specially that I saw they have Millions of followers in telegram. They promised a 500% return in following them but instead I lost over 2/3 of my savings.
271  Alternate cryptocurrencies / Altcoin Discussion / Re: Erc20 tokens send fee on: May 08, 2021, 02:14:11 PM
It is believed that during 12AM or so, gas fee's for ETH are low. If you want to have small fees, sacrifice some of your sleep and try to transact when everyone's are asleep. Or if you can still wait, wait for Eth 2.0 adoption. They say that it could lower down Eths network fee substantially.
272  Economy / Economics / Re: Crypto vs Stocks on: May 08, 2021, 02:10:51 PM
In all seriousness, I believe crypto is quite comparable with stocks but with much advance technology. In crypto trading, you could have much more profit in just a small amount of time as well as reverse. However, in stocks, it is believe historically that it's price goes upward but in a long run. Market volatility in crypto is also one of the vital aspect when it comes to comparing the two.
273  Economy / Economics / Re: Africa needs to fix continent, richest people are politicians on: May 08, 2021, 02:06:02 PM
Corruption is one of the vital reason why africa is developing slow. I believe in their people but the officials there are so abusive in power. Another one is education should be one of the most prioritize project in the continent. I believe if people of their residence know more about their current situation, they will strive more and will try to pursue the developments where they should be.
274  Economy / Economics / Re: “You don’t spend money now, you can’t spend after you died” on: May 08, 2021, 02:02:46 PM
I don't believe in this. Yes, I agree that money should be spent but you should also prepare for the future. We all never knew that this COVID would happen and most of the people who doesn't have savings suffer most. Jobs were terminated. Others were having a no work no pay policy. Lucky are those with the government who have salary even with pandemic. The best advice is, spent well after you save well.
275  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth price pridictoin on: May 08, 2021, 01:15:37 PM
Hello Guys what you think about etherum. Is etherum touch 5k in this may month ?? I see very much potential in etherum what you think ??

Within this month? No. It will touch 5K specially that this coin is quite useful. Many people are using this and its becoming scarce that why it has its price going upward exponentially. I believe in the next next month it could but not this month. BTC is still bullish and markets are still adjusting.
276  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Or Invest ? on: May 08, 2021, 01:11:26 PM
It's a matter of personal preferences. I believe if you have a strong heart with maximum tolerance of loss, you can do trade. However, it is historically proven that investing in long term could give you a positively good result having big profits.
277  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: May 08, 2021, 01:06:33 PM
It surely will. More and more projects are seeing the potential of Binance fast transactions and adopting to it. We are seeing a top tier project and probably would surpass ETH. Another factor is its transaction fees where it's 50x less fees than Eth's network.
278  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you set stop loss for long term gem? on: May 08, 2021, 01:03:49 PM
A long term gem needs time to succeed. A loss will never affect your holdings if you don't check its price every 15 minutes. You bought those coin for long term and be back in 2-3 years time and you'll probably see a profit.
279  Economy / Trading Discussion / Re: I am doomed on trading on: May 08, 2021, 12:57:53 PM
The best advice that anyone could ever give you OP is probably you should do all the research needed with the help of old master trader. Learn first before you try and try not to rely in youtube. I believe you bought a coin who slowly decrease in value and now your 400$ is in total disaster in just an instant. Another advice is don't follow those whales whose trying to manipulate the market.
280  Alternate cryptocurrencies / Altcoin Discussion / Re: Most awful Shitcoin on: May 07, 2021, 04:09:54 PM
There are many shitcoins out there but one are standing out when it comes to my experience. I believe Mb8 coin is one the most shittiest coin out there. I was fooled by the mere fact that this coin was advertised by one of the most prestige campaign manager here in the forum. Sadly I lost most of my investment in 2019 out of it.
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