Latest posts of: Crypto

WEEK 13

Spreadsheet entry 29
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Quote from: Kehindem on September 18, 2020, 09:29:21 PM

Because i participated in a bounty we were told to submit Trc-20 Usdt wallet address if we submit Erc-20 own, we will loose our reward, and have been wondering what is the difference...

They both run on different blockchain networks. One is running on ethereum so the fees is a bit high at the moment and trx 20 is on tron network.

I think it's good on binance part that they went ahead and agreed to refund the amount to the person but then again if it is done for one person shouldn't it be done for all others as week ?

Quote from: brawdias on April 18, 2018, 12:46:08 AM

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

It is depending on the type of person and the altcoin that he is having. Personally I don't have the patience and mindset of a trader so I don't do trading whether is btc or alts.

Quote from: Kongxx on September 18, 2020, 05:20:59 AM

The prices of newly launched cryptocurrencies normally will pump to 100x to 1000x in short terms or in one year. If we invest 1K to 10K in one of these, we may earn millions of dollar in not many years. Maybe just in several months.

Current old cryptocurrencies are forceless but i think investing in those new, fresh cryptocurrencies can bring wealth very quickly and easily.

Do you agree? Do you like such investments?

Could such investment make me lose money?

This is exactly the mindset that scammers are using to fool the new and gullible investors and doing rugpull. Always be cautious about investing in new currencies as they are more risky.

Definitely agree with the OP on this. It's better for the newbies to observe Bitcoin and ethereum till they get used to crypto and then enter the more risky cryptos instead of jumping straight into it.

Good for the OP if it is his wallet indeed. All my Twitter feed and now the forum is full of Uni airdrop and it makes me feel.bad for missing out on it.

I think during the start of bull run and if your risk profile is high then you must invest more in altcoins as they have a high chance of going up.But alamo Mind the risk.

Quote from: NIKUBHI on August 08, 2020, 03:49:59 AM

AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?

I think it's one of the normal things that will happen during the bull run (or bear run) as people are booking profits and the volumes in the exchanges are higher. Nothing to worry about.

I feel the same as OP now . Feels bad to have missed out on such a huge amount . I almost did a trade and somehow I thought centralised exchanges are better as the fees is too high.

Well uniswap and gazumped all other decentralized exchanges to an extent and now sushi swap has come in and taking the volume there and so does justswap. Definitely 2020 belongs to Dex.

Actually I am really at crossroads too. On one hand I think that the ethereum has a major community and it will innovate much more but on the other hand there are promising projects like polkadot which will.solve scalability issues.

I think that the exchange tokens are very good if you pick them up.early or if you are a daily trader who trades with large amounts.this way you can get to save some commission.

WEEK 12

Spreadsheet entry 29
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Done

Damn 20 million is an insane amount of money. Feel bad for the investors but this is the risk you run when you chase quick 3x toke s . I hope they knew the risk they got into.

Quote from: jqprez on September 09, 2020, 09:05:03 PM

Changed 30 dollars of dgb for 20 dollars of ethereum. Change exchange. To limit of the scam

Wow that sounds extremely high. It might have been due to the high gas fees that was around. Buy It is better to use some way where you can control the transaction costs .

I personally feel that we are still in the midst if the upcoming bull run and then recent pullback from 12k has given us a nice entry space again for the upcoming run.

New projects which are getting listed always tend to go up in price due to investors who missed out on sale trying to buy. Always wait for things to settle down before Investing.

I think we are past the impact of corona now. We did see the lows during March and April but I feel that we are past it and we are in bull market now and it looks likely to continue .

I would say gold and Bitcoin both are Good hedging options right now for your traditional investments. I would also say invest a small amount maybe 10 percent In altcoins which you can afford to lose.