...I asked him why he took the loan for this, and he replied that the person is reliable, and his friend is a crypto trader, but he doesn't even know how crypto works...
For me, such a situation looks unacceptable when one person borrows money himself in order to borrow it later to another person. Thus, your uncle violated one of the principles of trading by investing money that he cannot afford to lose, since it is money borrowed. |
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Anyway as for 10 USD per ARB, that's like around 10 billion market cap. Does anybody really think it would be that right off the bat? Kinda sketchy imho.
Yeah, the Hotbit IOU represents nothing and shouldn’t be taken seriously. People are saying the current OTC price is around $1. BitMEX also launched a new futures contract for ARB, which currently trades at $1.27. To be frank, I would consider the BitMEX contract to be more reliable and significant than the Hotbit IOU. Now there is no pressure from sellers and this may explain the current price. But what will happen to the price when 1 billion coins are thrown into the market, which went to their owners for free? At the BitMEX exchange, supply and demand are currently approximately equal, which is why the price stopped at these values. |
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...I will post here the coins that I will be buying for the bull , btc updates , our moves for the great bull and some good and free knowledge for you !!...
Who are you to follow your signals? In order for someone to listen to your signals and join the group, you need to tell about your professional knowledge and confirm with statistics of your successful trading, if any. Otherwise, anyone who joins your group has a high chance of losing their money. |
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I think those who got 600 Arb only completed 3 task and those who got 1000 or more completed more than 3 tasks, someone said that this airdrop won't end after the first distribution, that if one continues to make transactions on arbitrum they can still be qualified for future airdrop, I have a feeling that this won't be the end, just like optimism.
This is a one-time Airdrop, look into the document and find the correct information, the ones for the ecosystem is different, it is for the dapps on the chain, this is based on the discretion of the project developers and the community to decide how to use it, whether to distribute it to the users or add it to the treasury. The amount is small compared to the general Airdrop Yes, we would all like the Arbitrum airdrop to be regular, but the team thinks differently. And so that we would have no illusions, they placed an appropriate ad on the first page of the site. But we all remember that since the launch of the Arbitrum network, the team has regularly said that there will be no airdrop. |
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...If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
You yourself perfectly understand the value of Ethereum and therefore answered your same question very correctly. Somewhere I met a wonderful thought that the cryptocurrency market is represented by three players: Bitcoin, Ethereum and other altcoins. |
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...It is for at least two latest months conducted transactions so is it possible to join their airdrop now?
Do they have only one airdrop round that is coming or more airdrop rounds so that late comers than me can join?
The Airdrop snapshot was performed on the 58642080 block on February 6, 2023, respectively, you will not be able to claim this airdrop if the network activity was performed later. But since the team has not fully spent the fund intended for airdrop, we will see similar airdrops more than once, but they will be much smaller. We saw a similar practice of airdrop distribution earlier in the Optimism network. |
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actually I'm not afraid to invest in altcoins as long as we have to know good altcoins. because even though bitcoin prices go down and altcoins usually go down, but usually when bitcoin prices go up, altcoin prices usually go up
so in my opinion in this case there is nothing to fear as long as there are still many bitcoin enthusiasts.
Indeed, when the price of bitcoins increases, the price of altcoins also increases. Only the price of altcoins increases much more than the price of BTC. And, accordingly, on the contrary, when the price of BTC decreases, the price of altcoins decreases by a higher percentage. That is why investing in altcoins has a higher risk. |
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This comparison for me is really making sense. When we will base here, it seems we will see the Arbitrum token will start at $1.+ but for me, with hype plus recent pumps on the market, I am really expecting higher than that. My target could be around $3-$5 and higher is maybe up to two digits of $10 (this is very huge already).
5 days and left and we will see it.
Too many coins will be distributed, which the participants will receive for free, and accordingly, these coins will be sold on the market, which will lead to a significant price reduction. And it will be a very good opportunity to buy coins at a significantly reduced price for those who have not received this airdrop. |
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You are lucky you get airdrop tokens but it doesn't look like a wise decision to invest.
TEAM AND FUTURE TEAM + ADVISORS 26.94% That's waaaay too much.
This is a common practice when a certain percentage of Total Supply is distributed among the project team. And as I know, these coins will be subject to a lock for 4 years. But the 26.94% you write about is the total number of coins that will be distributed for the Offchain Labs organization, which includes team members. |
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...Well, traders can use technical analysis or fundamental analysis to predict the price, but this factor can guarantee success in future trading. Sometimes those analyses can't work well if there is bad news spreading suddenly.
Of course, it is very important to use technical analysis or fundamental analysis to predict prices, but it is equally important to comply with risk management. After all, if you open orders for your entire balance and do not use stop loss, then your margin trading will end very quickly. |
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It is possible that this coin is not yet a scam only for the reason that its developers could not make a pump, after which they would disappear. And given the small capitalization of the coin, we can conclude that no one is interested in this coin, except for 10 wallets, on which 70% of Total Supply is concentrated. |
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I used leverage once as far as I can remember and lost it, I prefer small profits with less risk than big profits with higher risks so I use spot trading only.
Futures trading carries high risks, so it is best for beginners to avoid it completely, but in general, whether in spot or future trading, it is best to risk only what you can afford to lose.
You have seen from your own experience that futures trading is very risky not only for beginners, but also for an experienced trader. But the risk of losing their money is undoubtedly higher for a beginner, since he will lack knowledge and experience when making a decision. |
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Nice looking piece of details, I do hope that a big dumo takes place though to heavy sell pressure, It makes no sense to buy ARB for 1$ each and plan to hold for the long term, I think that somewhere around 0.12$ to 0.15$ should be a good buying point, since this project is already big with TVL I doubt we will see any lower price opportunities, am I wrong?
In any case, if you receive an airdrop from Arbitrum, the best solution would be to sell coins at the start of the listing of an exchange such as Binance. And after that, buy back even more ARB coins when the price drops after the pump. This way you will increase the amount of coins you have received as airdrop for long-term retention. |
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Regarding the price, I'm expecting it to have a similar FDV to Optimism and Polygon, which is around ~$11B. This would put the token price at about $1.1 per token, making it lower than the current $OP price ($2.5). I think it's reasonable to expect the initial range for $ARB to be between $1 and $2.
Indeed, the biggest intrigue of today is what price ARB will have. There is no doubt that this coin will be listed on all major exchanges. I also found an entertaining infographic with the estimated price of the coin, which is based on a comparison of ARB with Matic and Optimism - https://twitter.com/themodestthief/status/1636374758987300864 I think that the price of $1.74 per coin will suit everyone)  |
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Your investment will increase by 600 percent in an hour? I suppose that anyone, even those without a high school education, can spot this kind of fraud...
I don't even understand for whom such unrealistic interest rates are calculated so that someone can believe it and invest their money. The fraud is so obvious that I doubt that anyone will believe in such an unrealistic profit and part with their money. |
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...my question is why this difference in candles ,
my possible reasons are because insitutional traders are on holiday's or all traders are on holiday at that day,but financialcrypto markets are never on holidays.
share your thoughts why this candle differences, and very low volume.
Holidays are not created for trade, but for recreation. Accordingly, many market participants are resting, which leads to a reduced trading volume and, accordingly, liquidity decreases. Therefore, many traders try to stay away from the manipulations that occur on such days. |
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Had to bump this topic, it's still relevant I guess (other topics that include Arbitrum seems to just focusing on specific projects on the chain). Well, they release already the criteria on how to be eligible on the airdrop and yes transacting on the chain was necessary. You can check here if you want to know more: https://docs.arbitrum.foundation/airdrop-eligibility-distributionAlready now you can check how many tokens you will receive: https://arbitrum.foundation/ These coins will be distributed to you by airdrop on March 23. Obviously, the listing will be on the same day at the largest CEX, as it was with airdrop Optimism. |
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Op, I see the loopholes in what you did. You said in your post that you'll soon implement bitcoin as a payment option and your fellow workers were happy, how do people celebrate what they don't know? It just does not sound realistic, no offense. ...
This is all a good undertaking, but I think the OP doesn't even know whether it is legal to accept bitcoins as payment for goods in the country in which he lives. Apparently, the knowledge of the OP is not yet enough to be able to promote bitcoin in populace. |
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...Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot
Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
For a beginner who has absent trading skills, the most correct strategy would be hodl BTC. If you have special professional skills, you could do freelance, receiving payment in bitcoins for the work done. To sum up: you should make max effort to increase the number of coins in your wallet by making purchases when you have the opportunity. |
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