I don't see it happening in reality to be honest. Even though Elon is going ahead with this deal, I don't see Doge is being accepted in Twitter. There are multiple regulatory blockers which will make it very difficult for Elon to roll out such things worldwide... We remember that Elon Musk previously appealed to the Twitter management with a request to introduce such an opportunity to pay for a premium package with Doge coins. And if such an offer was rejected earlier, now the chances of realizing it will increase very much after Musk becomes the rightful owner of this social network. And this will undoubtedly affect the value of the coin, as it will add even more utility to it.
|
|
|
...Can anyone recommend a similar company to coinbase so that i can transfer my USDC there and then sell these and transfer the funds to my bank account..
In your message, you did not specify which fiat currency you ultimately want to receive after exchanging your existing USDC. If this is one of the national currencies supported by the Binance exchange, then you can first exchange your stablecoins for it, and then make a withdrawal directly to your credit card.
|
|
|
To all my fellow newbies out there, you must have come across some advice saying that you lose nothing if you hold your coins, that's not 100% true, you only lose nothing if you buy Bitcoin, some people bought BTC at 19000$ in 2017 ATH and they held, BTC later hit 60,000+ but that's because its BTC, do not try this with Altcoins, many Altcoins will die and many won't ever reach their ATH again.
Of course, there is a minimum goal for some to save their funds, but when investing, the goals should be higher: not just to save their funds, but to multiply them. Accordingly, those who bought bitcoins for 17 thousand dollars and did not sell for 60 thousand, they did not lose anything, but also did not get a profit, as they continue to hold their BTC.
|
|
|
The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin. ..
"Sell at the maximum price and buy at the minimum" is not a trading strategy, since this is the basic rule of trading, which should ensure profit. But in this case, the conditions that precede the opening or closing of a transaction, as well as the risk of the transaction and its term, are considered for the trading strategy. Accordingly, different interpretations generate a huge number of trading strategies, and each trader in this case can develop an individual one.
|
|
|
There is no guarantee that this token will still exist in 2030, so there is no point in trying to predict its price in the future. But already now we can see that the largest profit was received by the first Stepn investors at the expense of those who joined later and thus it becomes more like a ponzi scheme.
|
|
|
Since NFT only represent the metadata associated with the work and not the work itself. How can copyright be attached to an NFT to allow for the transfer of ownership of the work itself?
It is in this metadata that the name and description of this NFT are included, and, if necessary, a link to the original image, if this NFT is a copy of the original painting, as well as the wallet address that will help identify its creator. Thus, if you create a NFT yourself based on another author's work, you will not own the copyright to this original image.
|
|
|
I search @rolmeda real name is Rafael Olmeda, who is him? if his account doesn't get hacked, I think he will go to the jail if there's many report created and the police obviously can get his personal information considering social media have low privacy.
And if he is caught and he makes this excuse of his account being hacked, all the money he scammed will be traced. He can not escape it if those he scams get to report him to the police. I doubt that the real Rafael Almeida is behind this scam, since in this case it would not be difficult for the police to find him and bring charges. Scammers in such cases never use their verified accounts, as they understand all the risks associated with their identification and subsequent punishment.
|
|
|
...these people belive that CBDCs are a threat to cryptocurrencies and can displace them. ..
CBDC poses a real threat not to the cryptocurrency as a whole, but to the stablecoins, since the latter are exactly the analogue of fiat. Despite the fact that stablecoins can be not only centralized, like CBDC, but also decentralized, it should be recognized that CBDC is more reliable than stablecoins, since their cost is provided by the state.
|
|
|
Presently, scam has become a lot more critical than ever before...
Scammers have always been and will always be, as long as people have such a vicious quality as greed. Therefore, as a rule, people do not conduct a full-fledged evaluation of the project before investing, when they are offered the opportunity to make quick money in a limited period of time.
|
|
|
...Pumpkin Boy will be the next deflationary meme token on the Binance Smart Chain combining strong tokenomics and full community transparency. ..
The deflationary model of a coin is not the main criterion for its popularity, and cannot guarantee an increase in its value. I understand that the team of this meme coin needs money right now, otherwise they would have waited for the end of the bear market and would have launched Pumpkin Boy when the bull run would have started.
|
|
|
... Reason been that as more people get involved in the crypto business the more scammers are likely to increase their technique and the more scammers get recruited. Staying off scammers path will require been well informed of their every new technique the can ever deploy against their potential victim...
As a rule, a lot of fraud that we encounter in the crypto industry is introduced from real life. The power of attorney and inattention of newcomers is what allows scammers to easily get your money. And do not forget that it is greed that pushes people to use questionable schemes contrary to common sense.
|
|
|
When it comes to trading, capital makes the difference. For it hits me hard to know that same energy and technicality put in making about $500 is also synonymous to making a million dollars or more in trading. If we look back to our series of successful trades most of us would have made tremendous profits running in millions if it was on a good capital start. ..
Or maybe all your previous trades were successful precisely because you traded with small capital and, accordingly, were bolder when making a decision. Trading with small capital allows you to double and sometimes triple your deposit very quickly, which is almost impossible to do with a large capital.
|
|
|
I also tried this type of trading strategy and for a long time I was in profit but it has a high risk of being liquidated. And I also get liquidated several types and now I stopped trading with high leverage. I think low leverage trading has long time benefits like 5-10% leverage.
Trading with low leverage allows you not only to save your money, but also to preserve your health. After all, it is no secret to anyone that when we open a position, contrary to common sense, we stop sleeping peacefully and get nervous throughout the day when the price movement goes in the opposite direction to our expectations.
|
|
|
There will definitely be losses in trading, but using the basics of risk management correctly, you can reduce the size of the loss. In this case, in order for our trade to bring us profit, it is necessary to compensate these unprofitable deals with profit from successful trading deals.
|
|
|
...I don't mostly pay attention those bounty's that are paying with their token and i don't join any manager who is not trusted and reliable, so i only select those bounty's paid in Busd, Usdt.
Even in a bull market, it is preferable to receive stablecoins, or a top cryptocurrency, for your work, than a new coin that will cost nothing. In this case, you will have a good opportunity to buy exactly the cryptocurrency with the money you earn, which in your opinion will be considered promising.
|
|
|
...But I don't think it's a big problem because in general BUSD and USDT dominate the trading pairs on Binance. I've never even traded anything for USDC, a lot of other people might as well. I personally tend to use USDT and BUSD trading pairs on binance, so removing USDC on binance is not a problem for me.
Indeed, even before the introduction of these rules, trading to BUSD was more profitable for traders, since Binance did not charge a commission. But if this is only the first step to leaving trading pairs only for BUSD and Binance after USDC, USDP and TUSD will also remove the trading pair to USDT.
|
|
|
...I can give you an example of a promising project Amulet Protocol. Amulet Protocol, it is a decentralized risk protection protocol... I think it's too early to say that the Amulet Protocol is a popular project, since it is still under development and testing in the test network has recently begun. Accordingly, it will not work to invest in this project, as the OP wishes. But given the fact that Solana Ventures, Animoca Brands, Republic are among the investors, it can be assumed that the team will present a really good project.
|
|
|
...what do you think about the benefits of a bear market besides taking the opportunity to make a purchase? ..
The bear market will make adjustments among the coins, while not only unpromising coins will be destroyed, but also those that have a good fundamental basis, but at the same time could not attract an investor. But those coins that survive the bear market will be ready for a new run.
|
|
|
...Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.
In China, the digital yuan e-CNY is in circulation, but it is not available for purchase on cryptocurrency exchanges. Despite the fact that the purchasing power of the dollar is declining, keeping money in the yuan is absolutely not the right decision. The yuan is also subject to inflation, but at the same time it depreciates against the dollar.
|
|
|
|