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1941  Economy / Speculation / Re: Enough? on: February 05, 2023, 10:46:44 AM
1bitcoin is equal to 1btc. Regardless of its value. So asking this question is hard to answer for its value now, maybe it has a future returns when it goes ballistic in the future. But you could always increase your asset slowly and dont get pressure if you have less bitcoin since not all can have 0.1btc some have real fraction since its expensive. For me its fine, what if btc value reach like 200k or 500k. Imagine 10% of that is worth a lot already.
1942  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Bake? on: February 05, 2023, 10:34:46 AM
Guys what are your thoughts about bakery token? (BAKE) is it good to have in long term?
Bake is a dex type token also and they are competitor of cake which is I believe the biggest dex on bsc network. So in terms of competition, its not bad for having there some alternative like bake. However, they need to improve more if they want to be on long term since many dex platform are doing their best to fit in environment.
1943  Alternate cryptocurrencies / Altcoin Discussion / Re: Burning feature is not utility on: February 05, 2023, 09:42:46 AM
Someone was trying to give me investment advice and he keeps repeating the part about burning features, this was where I lose my cool, do you know how foolish it sounds when all you have to tell me about a new project is that it has a huge burning feature?

Why are newbies so obsessed with burning off part of a token supply? It makes no difference and still won't stop a project from dying or even getting you scammed, burning won't keep a project alive, the projects that are worth using the burn feature should be those with very good utility already.
Actually you are right. If thats a feature then Im not sure why they are creating a lot of supply in the first place. Does this will do good for the project since we are inline with the idea of law of supply and demand as the supply gets shorter it tends to go up or become valuable but we should be focusing more on the utility itself. Its rather a feature (not special) than a utility.
1944  Alternate cryptocurrencies / Altcoin Discussion / Re: Fake paid promotions on Twitter on: February 05, 2023, 06:45:48 AM
Coffeezilla did a good act there and does show how social media posting is all about money perks. The guy didnt even care about the consequence and might done on his reputation for the sake of $1k for a a very second deed of posting.

Im not sure if someone had minted those fake nft project. If so, then they are really dumb for not doing their due diligence. Imagine all the paid social guru who are doing this for the past years. The one who are pity here are the people following so better choose your favorite CT.
1945  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum’s Shanghai upgrade is set for March 2023! Is this HODL or DUMP? on: February 04, 2023, 01:31:48 PM
If those staker, who for many years waited to withdraw their rewards,  will eventually decided to "dump" this will cause a huge effect to the market though we also know that they have many faithful and loyal supporter who thinks and believe the greatness and usefulness of this project.
They did stake to earn additional coins. Of course some would sell, but with an upgrade like this, many would be thrilled and some major improvements would be seen. I assume these stakers are bulk holders and they also feel that selling at this point wouldnt help them earn that much, for surr they will just stake again their earnings for more % in the rewards. How come youll dump in a market situation like this.
1946  Alternate cryptocurrencies / Speculation (Altcoins) / Re: For Speculators, Pancake Swap (CAKE) Has Become a Healthy Delicacy on: February 04, 2023, 12:55:16 PM
Cause its the number one dex for bsc ecosystem. It is same like uniswap, this project wouldnt die easily as long as there are lots of projects that are using bsc ecosystem. Well that pretty concludes that if bnb is mooning then pancake swap will eventually follow as well. Plus they are earning from trading fees on their dex surely they will always caught up. It will only depend on bsc network of CZ.
1947  Economy / Trading Discussion / Re: Why I will never trust top exchanges on: February 04, 2023, 08:03:48 AM
It does not mean though we are using the centralized exfhange is we trust them already. We know the great saying not your key not your coin. But we like yhr products that centralized exchange offering compared storing on a non custodial. Yes maybe there are consequence but knowing that is a risk which we already knew. If Im gonna trust a cex defintiely its Binance compared to other ones. Im not sure if those who speak badly on cex, arent using it though probably they are.
1948  Alternate cryptocurrencies / Altcoin Discussion / Re: Bithumb CEO arrested on: February 04, 2023, 05:26:16 AM
Either its true or not could affect its customers and users. News like this tend to stir the market too especially bithumb is one of the backboned exchange or one of the longest exchange. For a CEO to be in this kind of issue is considered bad already and might lead to such downfall and trust from the community.

Ive been using this market exchange for the last 3years since they also have a fair share of listed tokens of my holdings.
1949  Economy / Trading Discussion / Re: If You Could Start Over, How Would you Learn Day Trading on: February 04, 2023, 04:57:42 AM
I didnt do actually day trading but if I would given chance to start over maybe the routine of investing early and trusting my guts more. Cause Ive got some tokens in the past that If only I hold it then it should become a worthy investment as of this day and even 1 to 2 yrs ago since I caught or seen their prices way too early.
1950  Other / Beginners & Help / Re: As a beginner, what should I avoid? on: February 04, 2023, 04:02:11 AM
Because I'm not really a good writer
If you arent then try to be one. No one is an excellent writer right away. Everyone has their own mischief and what you could do is to ammend that by learning how to be one. Try to read a lot of books, watch some english tutorials, and see your improvements once in a while.. No one will help you but yourself. Asking about what to avoid here is simple, dont spam, try to engage only if you are able to caught with the topic threads, always accept mistake and learn from it.
1951  Bitcoin / Bitcoin Discussion / Re: Bitcoin hitting it's target on: February 03, 2023, 04:48:22 PM
At least its greatly been used in your country. People are still skeptical about bitcoin thats why we cant generalize all countries that uses it. Some utilize it and some just olain simple fiat. Though we all knew that bitcoin usage will keep increasing in the future, its value will appreciate as all countries that arent joining the wagon will soon realize its convenience.
1952  Alternate cryptocurrencies / Altcoin Discussion / Re: NFTs and Domains on: February 03, 2023, 08:30:51 AM
Ive got some domain on evmos network since its cheap that time. But Im not sure whether the price move eversince. But I only name famous one not related to my name cause maybe this could be more valuable later on. With regards to nft, I didnt do any degen plays or nft flipping at the moment due to saturation. A lot of nft has been swarming again, and its kinda hard to know which one has solid and potential gains especially the acquiring of it are always on the whitelist mode.
1953  Alternate cryptocurrencies / Altcoin Discussion / Re: what do you think about fantom coin ( FTM). on: February 03, 2023, 07:33:54 AM
I was surprised to see the fantom coin, which has gone up a lot and two weeks ago it was still cheap, but now it has gone up a lot.
I want to ask whether the ftm coin will have the potential to continue to rise?
And what's with the ftm coins that keep going up in price? I want to hear an explanation from you?
I do noticed that CT has gone viral on twitter posting a lot about ftm. Its like a bit of a virus already. Like Andre Cronje leading the posting about the latest twerk about ftm which involve events and upgrades. I am not gonna blame them since ftm has gone dead for months and now its like simply been revive.

Not so bullish, but ftm is one of my longest holding on L1 including avax.
1954  Economy / Trading Discussion / Re: The 4 trading fears and how to overcome them on: February 03, 2023, 06:50:20 AM
Fomo is the least I should do among it. Its like being lured in a trap that later on youll convince yourself that you shouldnt rush in something like this. We should learn to be discipline enough to buy only when we see a red on the market and some level hitting up a solid signal to buy and not just swayed by people on socials that it will be the bottom already cause no one really knew that. Its either do a decent dca.
1955  Alternate cryptocurrencies / Altcoin Discussion / Re: Hackers stole $3.8 billion from crypto investors (mainly through Defi) in 2022 on: February 02, 2023, 11:17:03 AM
Why blame the consensus being used when there is a hack around? Its quite offensive on PoS project especially PoS hasnt have much that problem with their usage. Its the token platform, or token smart contract that being used are the one that has problem and flaws which resulted to being hack. Especially bridges from one coin to another.

I doubt eth PoS will be targeted and for God's sake its the number 1 platform on altcoin, Im sure they made their secuirity adjustment towards silly hackers.
1956  Other / Beginners & Help / Re: When they does push the button of Bullrun? on: February 02, 2023, 10:28:13 AM
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Could be an indicator that whales are trasnferring bitcoins to their own wallets. Since recent news about centralized exchange got become an issue as storing of coin might (surely) be compromise if the exchange pop into some serious troubles like ftx did. It does not mean they bought that from exchange, it could be seen on chain.
1957  Alternate cryptocurrencies / Altcoin Discussion / Re: Alliance Block hacked? on: February 02, 2023, 09:57:51 AM
How come your tokens got siphoned? Are you putting of your tokens on a platform. I know alliance block and they are an erc20 tokens. You should just have stored your tokens on your non custodial wallet. Usually being stayed on platform makes this more dangerous especially if the project itself isnt fully secured and audited. Ive been trading this before during 2021.
1958  Other / Beginners & Help / Re: A fortunate story of a crypto mentor on: February 02, 2023, 06:39:42 AM
Thats because he said that was nothing means he is ready to lose that 100k. Im sure he got depress over it when he see the $4k value during that time but got discipline to supress his emotion by selling it just to recover something. Making it a million $ is awesome and he probably got a good gains from that. Anyway a lot of stories like this in the past. The lesson there is just risk whatever you could cause who knows what will be the aftermath of the market right.
1959  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is it advisable to stay away from yield farming in a bear market? on: February 01, 2023, 01:49:45 PM
This because yield farming is a complete scam where they're ask you to lock your token in centralized and unsecure pools, which kill the definition of decentralized finance. Don't get tricked with the high interest they're offering, your token price will keep drop and it's make yield farming isn't worth it.
Are you talking about pair farming on a platform? Cause I had some on ftm blockchain and I could remove it anytime without locking my tokens. There is such risk on yield farming but APR could somehow remedy that. Its a risky one but if the price of the farm tokens matured or increased then youll benefit within it. Sometime its quite low on rewards, due to increasing poolers but it will compensate on a long run.
1960  Alternate cryptocurrencies / Altcoin Discussion / Re: What could be considered red flags with tokenomics of new projects? on: February 01, 2023, 01:10:27 PM
If a token supply of a project is 100 million and the team is taking 10 million for themselves is this a red flag? If No, how much is alarming allocation for team of a new project?
Thats 10% of the total supply well we need to give credits to the developers right? I think its not bad at all, since most projects have did this in the past.

My second question is about the locked period of team token allocation, have this proven to be a better solution to avoid dumping from the team themselves?
This is usually been disclosed at the beginning of their project. Its also good to have team locked for a longer period especially it will be good in eyes of the investors that team doesnt have any plans to sell and yet focus on the project more.
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