...After you finish trading in a day, because of the stable coin low fee, did you move your coin to a noncustodial wallet and move it back to an exchange if you want to trade next time? Or you just leave it alone on the exchange you are using?..
Only the part of the deposit that is required for trading should be left on the exchange. Accordingly, all the profit that is not required for trading should be withdrawn to a noncustodial wallet. But it should also take into account the fact that if the profit is small, then perhaps the best solution would be to withdraw from the exchange when it becomes more significant.
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...but I can't understand why doge has to be Elon's choice for this, why not just btc or eth maybe bnb
Elon Musk has never hidden the fact that he is a Doge hodler. And in February last year, he bought dogecoin for his youngest son https://twitter.com/elonmusk/status/1359519541219500033 So it would be logical to further expand the use of Doge in everyday life, which must necessarily entail an increase in the value of the coin, and, accordingly, the profit of the Mask.
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What is the safest place to stake stablecoins with nice yield? Any suggestion for insurance against smart contract failure, hack, etc...?
Binance Exchange is the safest and most convenient place to stake Stable coin.You are on Binance Exchange You can keep staking stable coins with security. There you can earn profit.You will have no risk and you can keep it completely safe. Binance is indeed one of the most reliable platforms not only for trading, but also for staking. According to Binance Earn, the current yield for staking stablecoins is 5% per annum, and for altcoins up to 70%. But you need to be prepared for the fact that the price of the altcoin, which is placed on the stak, may decrease and, accordingly, the resulting profit may not compensate for the loss.
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I'm so bored everyday open the market app on my phone and the price is the same as last week no change...
Probably the same feelings are experienced by investors who, after buying bitcoin at the high of 2017, continue to hold coins. And obviously they are dissatisfied when they see the same price 5 years later, after they have made their purchases. But if we assume that the bear market is coming to an end, then we can see another ATH.
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...Have cash after you profit a good sum, but do not have any cash during bear run and buy it all.
This is the wrong strategy to spend all the money to buy cryptocurrencies not only in a bear market, but also in a bull run. If you continue to spend everything on purchases, you will eventually lose your money. In any case, you should have free funds in your wallet that will ensure your financial security.
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...i have test 3 user that shown good at historical data but after i copied i still pretty much loss from them and the lead trader is gone too but there is a lot of people that tell me copy trading is profitable and also become a passive income..
The problem is that the lead trader opens its x1 orders, and those who copy such transactions open with a large leverage. Accordingly, a lead trader can hold a losing position for a long time, while his followers have already been liquidated by the exchange. So if you decide to copy trades, then you need to open positions with the same leverage as lead trader.
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Yes I heard, it is a quality project and the team is doing very well, I recommend you to examine the partners with high quality. I will continue to add Boa to my bag. Boa is currently listed on major exchanges like kucoin, gateio and bithumb
Your registration, as well as the registration of the OP on the forum has the sole purpose of shill Bosagora. Therefore, your advice has nothing to do with a useful recommendation. For those who have decided to invest in this coin, it is necessary to pay attention that, despite the fact that the coin has a listing on KuCoin, its trading volume is very low, which indicates that it is unclaimed.
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...Bosagora is a foundation with its own blockchain and their network will launch next month. The company entered the market more than 4 years ago and has strong partnership ...
It will take a few more years and Bosagora will create its own website)) Where did you find such information? Perhaps it would be easier for you to post links to the presentation of this project here, in which case everyone would be able to independently conduct a Bosagora study.
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What is the safest place to stake stablecoins with nice yield? ..
High profitability and safest cannot be used together not only in cryptocurrency, but also in the real sector of economics. And if you see a high percentage of profitability, then you should conduct a more thorough study, since it is quite possible that this is a classic ponzi scheme. Accordingly, where your funds will be safe, a high APR will not be offered.
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If you are not ready to lost your money to the market, then stay off new projects. New projects are highly risky regardless of who is promoting the project. Shit do happen that's why influencers even with good intentions do add NFA- Not Financial Advise. At the end of the day, it's a huge risk.
This strategy is more typical for beginners who want to earn a big profit within a short period of time. As a rule, they have a small budget, and hope to increase it thousands of times, without having basic knowledge about how the cryptocurrency market works.
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...And if we can have some patience maybe our investment in Shiba Inu will be profitable in the future although to be able to accomplish that we have to only invest our spares and not be greedy so we can hold for long term...
Do not expect that Shiba Inu will bring its investors thousands of percent of profit again. It, like other coins, increases very much in price at the first pump, after which its volatility is approximately compared with the volatility of other altcoins. But at the same time, the risk that the meme coin may completely lose its value is higher than that of other altcoins.
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...I am looking for something like this but in crypto.
It only seems from the outside that those who subscribe to paid signal groups earn money. But when you buy a subscription, you will find that not all transactions bring profit and that you simply do not have time to copy the next signal, and all this ultimately leads to losses. For this reason, no one will recommend paid groups to you here, since they are not a panacea for those who do not know how to trade independently.
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
The year 2022 is not over yet, so it's too early to sum up the results of the year. At any moment, the market can turn around, showing an increase of 20-30% and everything will immediately become positive. And considering that now the price of bitcoin is at ATH 2017 and does not fall down, everything looks not so bad.
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If the merge was supposed to fix many of Ethereum’s problems, why is its value still tanking? The fact is that it was the problems associated with the commission and the increase in bandwidth that the Ethereum merger did not solve. The Ethereum merger is currently only the first step on the path of new updates that will solve existing problems in the network. This is one of the reasons that the value of ETH is declining and plus we are now in a bear market, when the price of not only ETH, but also other coins is declining.
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It seems that John's only goal was to leave a link on the forum to the product he was promoting and he is not interested in answers to his question, since he never appeared on Bitcointalk after that. It is hoped that the answers that have been proposed in this thread will benefit others who are interested in this question.
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...I also like to invest in new projects, but I think now is not the right time to invest, investing in new projects is now more risky than profitable so I'm not in a hurry to invest. The hasty investment will lead to failure.
In such a bear market, when even the top coins have lost 90% of their value, there is a very large choice for investing. Accordingly, such a coin theoretically has a chance to return to its ATH on a bull run and bring its owner a 1000% profit. So it is safer to invest in the old coin now than in the new one, and at the same time the profit will be approximately the same.
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...DCA is one of the best of it and it's very effective at these times.
In order for the DCA strategy to be effective, it is necessary to properly allocate your funds for upcoming purchases, as well as correctly set the price at which you should start making such purchases. Otherwise, you will spend all your money, and the price will continue to decline and you will not be able to make next purchases.
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...But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project. ..
It is impossible to predict at the initial stage such a fact that one of the team members will want a lot of money and he will be ready to turn the project that the team has been working on for two years into another scam. In this case, investing in old projects does not guarantee the safety of your investments.
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I think this is not greedy, but trying to get maximum profit, when the price of rising then the natural thing to continue holding with the hope of the market continues to rise, I once missed the opportunity to sell BNB at a price of $ 400 before drop, and this certainly became an important lesson for us to be wise.
In this case, the correct strategy would be to sell in parts when the coin reaches a certain price range. This is what is used by most traders. I also prefer to move the stop loss higher as the price increases. In this case, when the price of the coin is adjusted, you fix the profit at almost the highest possible price.
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...Learn from the early crypto people who trusted early projects and got rewarded. You just need to find the good projects (modefi over 1 million lines of code, self-funded), the good teams, the crazy and creative teams, the guys who will make the world a better place and help replace banks, mainstream media and centralized social networks.
This is the problem of investing, and it is not at all easy to find such a promising project that will bring a profit of thousands of percent. In addition, not every investor will continue to hold coins that have already increased in price several times, because very often after such an increase, the price of the coin is adjusted.
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