Is because the chances of getting hacked by the company or other is extremely low.
Assuming the company start to scam people and do something nasty. do you know how many trustwallet users are? 10 Million +.
You are right. Provided that the trustwallet is handled by CZ, however this does not guaranteed safety all the time. From the word itself its closed source means they still have an edge whatever goes wrong with their platform. Its not like Im saying they will ring any bells or what but always make cautious since its still a possible scenario for every big firms out there.
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If the snapshot is for sol users. Expect that most owners are probably connected with them. Maybe also its a way of pumping sol, without any much risk since airdrop is one way of boosting such project. Take a look on its pump due to the airdrop news. Amazing isnt it. I think its a well planned moon mission. We all know shitcoin or fork coins without any much use is just a shitcoin and money making scheme only. Sorry for those who will play and get caught by fire.
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Thats a good analogy already. Buying when its down but you need to take a broader details like if its down, how long its been down, maybe its still in the phase of going down. Thats where you learn indicators where youll find out whether that project could go bounce and reversal at particular time based on past activity. Theres too much to learn but you understand a good way on how to start and thats great.
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What does important thing about changed name? actually when registering account at the first time have opportunity to create username based on our needed. But after long term process and suddenly change the username and I don't think have priority and make special thing when user name have been changed.
Differenr reason for everyone that has been granted to change name. Most are personal reasons, and I think its hard to discern or disclosed those of. We can say that theymos only granted those who have valid reason and explanation. Also some who are contributed big here in forum maybe.
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Honestly I don't understand why change of name need to be congratulated except from the user who change the name. I mean what's the reason for them to change name? of course to make people don't know what's their old username, maybe the username has something personal or could make him in trouble.
You could say that actually but we dont know the reason why the user request to change name. Also there are only few given the rights by theymos to change their names and also depends on their reason. If this was easy then a lot has been granted that already.
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If possible delete it from your mobile phone because you don't know what kind of data is gathering from your phone!
Those who did KYC are not thinking straight. Maybe they thought the price on exchanges where the IOU is listed is the real price. But if they knew how to understand how marketcap works plus the demand for a free fake mined coins which doesnt even can be count as blockchain will do. Im pretty sure this will turn out bad for those who are expecting it to be a gold.
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Many projects are starting to show up, some are testnet phase as we speak but I am not interested in any because they are all same old projects with different names, I could say that developers think we are all fools but what about those investors that are too stupid to think and do good research?
Maybe they are just really trying out if there will be bait on their new projects. Thats how a dev works, keep building and see if this new one is better than the old one. There are plenty of devs already left their old one to a new one and they keep doing that for the last few years. Some followed them keeping the hype on this new one and make money with that. Its just simple actually, cause there will be a lot of money on new player or project.
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Its the best cause they got a system for this forum. But there are a lot of forum which you could hang out too. Everyone is probably thinking its due to its earning mechanism here but the truth is the discipline of the members and the non stop work of moderators to make this plafe a neat and clean hub for discussion. Spams and nonsense were given attention and action, unlike on others thats why we can see a great protocol here.
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Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
Any kind of gain through their network is their win. Yes they release an airdrop and we all knew how it will excite the community and solana could gain some positive on that thinking that there will be more free money on that side. Yes bonk gauranteed profit for airdroppers and some are gonna get rekt with the hype. They are still holding on in the midst of a bear market situation.
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Starting with decentralized exchange is not good idea in my opinion because the fees are high and not really user friendly so either they can start small amount with centralized exchanges and move funds to their wallet immediately when they have no intention of trading in near future.
Maybe Op wanted to lure potential traders into a more decentralized approach first. At least they are gonna be more safe than trusting centralized first. But you got a point, cause the fees on dex are eating a lot than cex. But of course this will depend on how the trader like which either he can prefer to use a lot of helpful indicators.
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I think you need to explain more about profitability and the cost. For example, how profitable is it to run this on a mid-range Android phone, how much you can earn per day, how much electricity is required etc. One of the most obvious issues is whether our phones can sustain the heat or not.
I agree with you mate. There are countless projects that tries to support mobile mining but of course tis performance affect the stability of mining and can cause early destruction with the device. Most projects that introduces it are probably dead by now. There are plenty of factors so bettet to focus on computer instead.
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- Split your crypto portfolio across multiple sources (cold wallet, web3, CEX, etc) that way if one source gets compromised you aren't ruined like people who had their life savings on FTX.
This is a good suggestion. Actually its better to spread it on mostly non custodial sources. Its okay to have funds on cex but those funds should be smaller than your non custodial and maybe funds that are gonna be use for trading purposes. Having life savings on FTX is a grave mistake. Yes its a big exchange but compromise can be suprising sometime.
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If theres a prompt like that then its a cautious already. I think Trustwallet works closely with the contract security auditing companies AvengerDAO and Hashdit. You can find out the malicious level of the contract address you want to link to from the announcement history of these two companies.
So this warning sign from Trustwallet is legit? I just know that there are like these already on trust. A bit impressive if they can advise users or warn about impending connection to a malicious site. Users might be think twice before connecting their accounts.
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I think the Terra Collapse. If it wasnt for them, the overall marketcap wouldnt go down like this. With that event, most projects began to die out and even the p2e and some nft projects struggling to make up for the high dive. Then afterwards, most projects even the major one started to go down until many fud events came in. Such as FTX bankruptcy. Well thats a huge fall down for everyone. Maybe we need some new start.
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New projects are quite risky. Yes there are chances that you can earn a lot from a private series but it will depend on how promising the project are. Anyway theres a lot of factors to do and thats gonna be crucial when investing. $10 or $1k there is no difference but that will still be at risk, but gaining profits are also can be considered.
You need to have a lot of researches before putting any money on it.
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Do you think this makes any sense ?
I plan to start buying crypto when new money keeps flowing back into the market, can this be done? Have you ever done such before? Please share me your strategy.
How would you know the timing when money keeps pouring on the market? It isnt right? Its like saying that we should buy now cause sooner or later there will be new money coming into it. Its not like that, and we cant totally say that there will be source or trend. But everyone expecting new cash flow into it by 2024 and so on.
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Can all crypto currency be mined if No why so
No not all. Some are tokens residing on a mainnet chain and doesnt employ proof of work to justify mining. There are a lot that uses PoS which hinder mining activities and resort to staking instead. A lot of projects are shifting to this method even the top 2 project ethereum uses that.
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The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called). As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
Trader loves volatility. Also you can play future trading which can benefit up and down of the market. But for some long term trader or position guys, then doing a dca is the best way to beat inflation and price down. As you can accumulate huge volume or quantity everytime its down then you are lowering your risk. But of course the high peak bought are really painful. But if you are a long term holder this is nothing.
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As you can see a bank like them would think a lot of times before enteringa collapsing company. It sounds like that but the article is pretty clever and some might fall under the impression that they will acquire a sinking company.
Linking to a company like ftx may sound bullish but probably Goldman Sachs are into something big related to blockchain but not with FTX of course. This could be a trigger and bullish factor in the coming years.
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Me if ever bull run arrives on 2023, I will make sure to profit on some of the holdings I had cause I was careless to not sold some of my asset last 2021 which was dragged its price during 2022. Anyway a lot of people are probably have the same thought and this I will make sure to avoid being greedy cause its the reason why I had to hold due to expectation.
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