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Memecoins may be a gateway, but also can make people never touch crypto again. It's an unpredictable and chaotic market, even more than the regular altcoin market.
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If more people realise that decentralized systems isn't like a banking or centralized system were you can go and report a transaction and they seize the persons money or track the person( although its possible if they are not smart enough) then you would be more careful when doing deals here.
Absolutely. Bitcoin transaction cannot be undone. I would like to draw attention to the virus that has caused a lot of losses recently. It infects you computer and does nothing except it waits until you make a transaction and it changes the address you just copied to another one. Please, guys, double check what you are pasting. Didn't hear about it, it's actually kinda scary. I'm always double checking my transactions since it's irreversible, but now I got one more thing to care about, lol. |
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I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
I prefer to do otherwise, sell alts to buy BTC. Not fully, usually, some part I spend on something, and some part goes into Bitcoin. Because it's the only coin I can trust in the long term. |
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Do what you think is right, but I'd just take profits. Memecoins are not really good options for the long term. You already witnessed it going down, you can't be sure that it will keep pumping.
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Well, it was finally worthy for me to buy DOGE. I've been keeping it for a couple of years and today I sold it for profit. Now I'm not gonna touch memecoins ever again.
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24 is obviously more secure, but harder to keep. You can recover 12 words, if you have a part of your seed phrase and you remember it, or if words are rearranged. Can't imagine that with 24 words seed phrase.
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Well, that didn't help with FTX and LUNA crashes, but this definitely can help with most coins and tokens. I'm simply buying coins that were tested over time.
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No one knows. I can only assume that it will make huge impact on the price, but I don't know if it would be positive or negative.
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Not planning to buy them, to be honest. I'm not so sure that this section will pump great. Too risky IMO.
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It's almost impossible to mine BTC on GPUs nowadays. I mean, it's possible, but computing power is not enough, and miners won't get any profits, the mining is too slow and expensive.
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It's strange that so many people want death of bitcoin. I don't understand that haters
Well, it's their own opinion. Some people who are saying this are those people who missed the train. Some people are telling this to spread negative to Bitcoin hoping Bitcoin will dump and that's the time they will do their entry. So for me, this will continue even Bitcoin will reach further prices in the future, it will not stop. It will never stop because people want to be right, not to face the truth. It's impossible to convince them. |
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I'd say that it's better to buy BTC itself. But it feels kinda strange to see someone asking stuff like this when they have $4,626,720.67.
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None of them, it's all just memecoins that I never heard of, and as I can see they are not brand new. So doesn't seem like there creators are promoting them enough to make huge gains.
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I think that the chances are really low. If you invested not much in it then keep it, if you're right you'll win big. If not - you won't lose much.
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if i had to choose between hodling and trading, i would prefer hodling because it is much easier to hodling compared to trading which requires in-depth analysis of the market. with hodling i can use the dca method which allows me to invest in bitcoin with lower capital and hold it for a longer period of time and sell it at the right time.
hodling also doesn't require a lot of time in analysis like trading because all you need is a wallet to store bitcoin. and i can manage my investments whenever i want. so for someone like me, hodling is better than trading.
I guess it's not easy to hold as long as you would stay realistic that you'll not expect you'll make a decent return in a short period of time. When we are "HODLING", this implies that we are up to the long term game, so patience is very important in this journey because without it, we might feel the unsatisfation of waiting and could even result to panic if we witness a market dump and we didn't realize it's a normal thing for bitcoin and in the crypto market as a whole. They keyword here is "HODL'..... Follow the meaning of that and you'll succeed. It doesn't really matter how you call that. It's kinda obvious that patience is important, it works for all investments. Short-term gains are for traders. |
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It's actually kinda far from it's ATH, and it didn't move for the last couple of months. Doesn't seem like a good investment at all...
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It's always risky. For more than a year I was investing in BTC only. I wouldn't recommend it, but I can say my opinion. I think that it's a viable strategy.
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I get your point, but PEPE is not the best choice. It's a memecoin. It has nothing besides hype, and people are kinda forgetting about it right now. I don't think that the bull run will change that much.
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No, I don't think so. I don't have faith in memecoins at all. I'm sure that only 1% can skyrocket, but most likely they'll go down after that.
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Looking for a partner on a forum is kinda dangerous. You either might be scammed, or you're the one trying to scam someone. If you need someone - make a normal job vacancy.
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