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I feel a very less no of the percentage of traders doing staking because you have to lock your coins for a certain time to get the fixed APY on XYZ coin so this is the main reason very less no of traders doing it. If we remove the coins from staking we get nothing so sometimes coin pumps and you stake your coins and miss the chance to sell if removed from the staking then one will lose its staking rewards. On the other hand, If you are a long-term holder then staking is good to do in my opinion.
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Week 5: 16 Apr – 22 Apr Type of campaign: Twitter Spreadsheet N0: 196 Day 1: Valid Tweets, Retweets, likes & comments Tweets: https://twitter.com/harjas2519/status/1515335448465481733 Retweet: https://twitter.com/harjas2519/status/1515335130876977152 Day 2: Valid Tweets, Retweets, likes & comments Tweets: https://twitter.com/harjas2519/status/1515695819797770241 Retweet: https://twitter.com/harjas2519/status/1515695463491637256 Day 3: Valid Tweets, Retweets, likes & comments Tweets: https://twitter.com/harjas2519/status/1515996822497603588 Retweet: https://twitter.com/harjas2519/status/1515996486445813763 Day 4: Valid Tweets, Retweets, likes & comments Tweets: https://twitter.com/harjas2519/status/1516368994667745280 Retweet: https://twitter.com/harjas2519/status/1516367985056833606 Day 5: Valid Tweets, Retweets, likes & comments Tweets: https://twitter.com/harjas2519/status/1516669880904343552 Retweet: https://twitter.com/harjas2519/status/1516668872803430402 |
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Yes, I also regret not only one-time several times I regret in the past 6 years of my crypto journey but it's a part of this market to gain the experience to do better next time. Greed is the root cause when we miss selling at ATH. It's easy to say I will sell at this price but when we saw the market keep growing generally we change our mind and set a higher target and that caused most of the time loss and repent also.
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The coins you mentioned above all seem good for long-term investment but I dropped Shiba Inu and Keep network. I dropped Shiba because many whales hold a big amount so I did not consider it for the long-term and sorry I did not hear much about Keep network so I dropped it. Apart from this, you can check FTX, Cardano, and Pancakeswap these are also good coins to hold.
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I don't think it can be eliminated easily because every person does not use cryptos still very less no percentage of people across the world are using cryptos So it depends on the adoption but we can say credit and Debit cards will lose traction in the long run. I feel but not sure most of the countries will launch their own stable cryptocurrencies then we can expect the dealing in cryptos will be higher but I can say in the coming year we will see the inbuilt multi-crypto wallet in smartphones for easy access to your coins.
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I remember I have an Aeron coin in my wallet and earlier it has good value. When it has been delisted from the Bittrex exchange I did not calculate the situation properly because of lack of experience at that time so I could not sell it now it is worthless so we should be always careful when a coin is delisted from the exchange. I know when top exchanges delist any coin it impacts the growth of the project to some extent like this investor of meme coins should also be careful if any of the coins are delisted they should have plan B also if anything happens like this.
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In the present scenario, the market seems not good. Generally who are associated with cryptos know the market never remains bullish but most of the time it remains bearish. In every bull cycle, I noticed trend changes in the recent bull lot of new investors believe in the meme coins, now metaverse hype is high in the market so we should also run with the market trend to make money from the cryptos. Bitcoin is also volatile like Altcoins.
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Due to the high participation in the bounties rewards are not worth to makes you happy. At present most of the projects pay pennies and I believe European people can not survive on the bounties earning. On the other hand, survival cost is in the Asian countries is not much as compare in European countries so the majority of the bounty hunters are from Bangladesh, Pakistan, Africa, and India but the fact is hunters are always in hope that some project will pay him good rewards so they keep participating, in the end, no of bounties. By doing only 10-15 bounties one can't survive if he/she is fully dependent on the bounties earning he/she must do the maximum no of bounties that he/she can do in order to make money to survive. Most of the BM nowadays put a disclaimer on the thread they are not responsible for the distribution it is your decision whether to do it or not so always do due diligence before joining it.
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No wallet is bad to hold the coins unless we do negligence in using it but personally I hold my coins in the hardware wallet that is more secure than other wallets because it requires the permission to process the transaction and that can be done when we attach the hardware wallet to Laptop/Computer. If you are a long-term holder then you can consider buying a hardware wallet otherwise mobile wallet is good to use.
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Many of the scammer dev knows very well this is a good market to make money so they launch their projects We all know in most of the projects team remains anonymous and this is the important thing that we should consider while doing it. Real team member projects are worth joining but they can also fail if they are not able to touch the soft cap. I agree the year 2018 was the golden time of bounties and most of the project that launched in 2018 was good but now it's not easy to identify the scam project at first because every project dev does marketing in a way that a normal trader or bounty hunter could not identify the scam projects in the start.
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