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May 13, 2024, 12:17:33 PM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: MINING BITCOIN CASH (BCH) on: May 12, 2024, 02:53:35 PM
why would anyone want to mine that shitcoin?
Unless wants dual mining, I don't think someone will think about buying miners to mine BCH, his budget may be limited, electricity is cheap and there is an opportunity to achieve profitability from BCH mining.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: From this list Which one will you Invest in for Max profit? on: May 12, 2024, 02:48:24 PM
I never invested in gaming or RWA, and I invested a small amount in SHIB, hoping that it would be an alternative to dogecoin and some DeFi currencies like AVAX inj, as 2020 to 2023 were years where the price moved strongly towards DeFi tokens, but they were no longer as profitable as they were in the past.

Diversification of your portfolio is definitely recommended as it minimizes risks by a significant amount.

Investing in tokens is not considered diversification.
3  Economy / Exchanges / Re: Binance founder should be jailed for 36 months, US prosecutors say on: May 11, 2024, 02:23:23 PM
He should have even been forgiven with no jail term since that is what you seem to want.
Nope, but I am also not disappointed with 4 month prison sentence because I understand how things work in real life.
I am trying to understand how these 4 month prison will affect him. Either he will return as a peaceful person and not try to engage in any activity that the government does not want, or he will go in the opposite direction. CZ does not seem like someone who gives up easily.
4  Economy / Currency exchange / Re: I have lots of BTC to sell on: May 11, 2024, 02:12:09 PM
Gain trust by conducting transactions with trusted people in small amounts, and over time you will be a trust seller.

Also, I forgot to mention this but is there any platform which provided over 10% APR on BTC deposits?
The platform I currently use does only 10%.
10% APR on BTC is the dream of all investors, but dreams do not come true easily and you will not find a service that provides this opportunity at all times, especially in the case of a rising market.
You can get 10% APR with stablecoins or some altcoins, but definitely not Bitcoin.
5  Economy / Trading Discussion / Re: My trading method on spot market with this year on: May 11, 2024, 02:06:36 PM
I have not seen anyone try DCA with altcoins, and I do not know whether it was a successful strategy or not.
1000 dollars is a good amount for a beginner. If you could do DCA with Bitcoin, it would be better. Stellar has not reacted well in the past years, so what is the reason for you to invest in it?
DCA with altcoins is very risky even they are top altcoins because top altcoins can be dead too.

Don't buy altcoins because they are top altcoins

DCA is best for Bitcoin in cryptocurrency market and I think it is good for Ethereum, the second biggest cryptocurrency too. With SOL, XLM, risk is high even with DCA strategy.
From that list, Bitcoin and Ethereum are the only ones that have maintained their position, and almost all altcoin have seen periods of peaks and troughs, and since DCA is a long-term strategy, I do not think it will be successful except with Bitcoin and Ethereum.

The amounts he wants to buy are not large, but it is a risk if cryptocurrencies are his only investment.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: MINING BITCOIN CASH (BCH) on: May 11, 2024, 01:10:36 PM
Since BCH relies on the SHA-256 algorithm with a hashrate of 4 EH/s and therefore you need ASICs to mine it, this is a list of the profitability of the most famous mining hardware https://minerstat.com/coin/BCH/profitability. Profits depend on electricity prices, and the higher they are, the more impossible it is to achieve profits.
7  Bitcoin / Bitcoin Discussion / Re: Fixed supply doesn't matter (change my mind) on: May 11, 2024, 12:25:54 PM
I think that in this case you should be worried about USDT and not Bitcoin. Many stablecoins have collapsed and yet Bitcoin is still leading. If something bad happens to USDT, the decline will be temporary and the price will rise again.
I can say that the current price of Bitcoin is inflated by the dollar printer without real support, something that has existed since the first day of the creation of Bitcoin.
8  Economy / Trading Discussion / Re: My trading method on spot market with this year on: May 11, 2024, 12:07:32 PM
I have not seen anyone try DCA with altcoins, and I do not know whether it was a successful strategy or not.
1000 dollars is a good amount for a beginner. If you could do DCA with Bitcoin, it would be better. Stellar has not reacted well in the past years, so what is the reason for you to invest in it?
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins have performed the best in terms of price growth in 2024 ? on: May 10, 2024, 01:49:39 PM
Investing in projects that have already risen is not a good idea. Choose projects carefully so that there is demand for them and yet they have an acceptable price. If the price has not risen, then this is an ideal opportunity to buy more, and so on. Many people recommend Solona/Doge/Ethereum, but they have already risen and the value of their rise will be less than Bitcoin, and 6 months ago, not many people were recommending Solona.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What did you think about the future of polkadot? on: May 10, 2024, 01:21:28 PM
Polkadot was a project that aimed to replace Ethereum by providing a fast and cheap network and a better structure for smart contracts, and verification at the protocol level does not make there a need for second-layer solutions. The near future does not suggest that Polkadot will achieve anything better than Ethereum, and I have not heard anything about the future development of this blockchain, so it will not have a high value.
11  Economy / Economics / Re: Open your eyes stop talking about usa lose power on: May 10, 2024, 12:58:37 PM
Bitcoin is decentralized, and therefore we have alternatives if we decide not to use dollar, and governments will not be able to impose guardianship over us.
The dollar is involved in every meal we eat or coffee we drink. Global supply chains depend on dollar. Most fuel is priced in dollars, transportation and insurance vehicles are priced in dollars, and even countries that have begun to reduce dependence on the dollar, the dollar still represents the largest part of the budget, so replacing the dollar is currently impossible.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Ways to Buy and Hodl Promising Tokens for Maximum Profit. on: May 10, 2024, 12:27:04 PM
Tokens that have a small supply and the potential for increased demand are the ones that will have a high price, and the platforms that make these tokens available will increase their price greatly. Therefore, both Binance and Bitget tokens have risen in recent weeks.
13  Other / Beginners & Help / Re: A bigginner on: May 10, 2024, 12:06:52 PM
Investing is simpler than trading, and the simplest investment strategy is to buy a fixed amount every fixed period. For example, buy $100 weekly or $1000 monthly. Over time, you will notice that your investment portfolio grows well, even if there are some declines at times.
In investing, you must invest and learn to develop this strategy. Instead of buying at a fixed price, you will determine times when you buy in larger quantities and times when you buy in smaller quantities, and then develop when to buy and when to sell.
14  Other / Off-topic / Re: Which of these hot crypto stocks will soar higher this year? on: May 10, 2024, 11:34:47 AM
According to my little research, I was able to discover that Microstrategy stock has actually performed way better within the past 4 months (i.e January 9th to May 9th 2024) as compared to Coinbase stock, of which I will be giving the chart and brief explanation below.


1.  MICROSTRATEGY STOCK

You will notice that the price of Microstrategy stock on January 9th was $600 and just 4 months later today May 9th, 2024, the price is currently been valued at $1266, which is approximately 200%+ increase.
Good finding and I expect the stock price to perform better in the bear market. They have continued to buy at an average price of $30,000 and they will certainly do so if a major price correction occurs.
But this is not worth trying, unless you are thinking about making gains in both the rising and falling markets, which is an advanced strategy that many may not master.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Trust wallet keeps tx history? on: May 10, 2024, 11:23:33 AM
If you restore it using wallet seed, all previous transactions will appear, but some settings will disappear, such as some of the tokens you hid or comments you left.
If you don't remember wallet seed, all your coins will be lost.
On trust wallet, sometimes if you update your wallet or even import your wallet in another device, some of the transaction history might not appear visible on the app. I have experienced this before while using trust wallet. 
 
This is not supposed to happen, as deleting data does not change anything in the wallet, the only things that disappear are your previous settings, such as hiding some tokens or the blockchain.
After reading the topic again, I think that the user may ask about unconfirmed transactions or those transactions that broadcasts but wants to delete before confirming them.
16  Other / Off-topic / Re: Which of these hot crypto stocks will soar higher this year? on: May 09, 2024, 05:13:13 PM
you forgot to invest in mining company stocks, which may not perform well this year, but they are a good option in the event of a bear market.
Coinbase Global may be good in the long term, but we are in a rising market and many are investing in Bitcoin for certain gains over the next year.
Microstrategy was an option for those who did not want to buy Bitcoin, but the ETF option has become available.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Monero survive exchange de-listings and low merchant adoption? on: May 09, 2024, 05:03:51 PM
Do you think Monero will be able to survive this? Does it still have a future? As for LocalMonero, what other options are available for P2P trading? Your input would be greatly appreciated. Thanks in advance. Smiley
Yes, Monero is among the few currencies that have proven to provide privacy, so it will have demand, and this demand will lead to the creation of more Monero services, or at least the move to dark web links.
Decentralized services are still a good place to use these services, such as bisq.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Trust wallet keeps tx history? on: May 09, 2024, 04:52:05 PM

I know tx history can be searched on the blockchain.
My question is specific to the tx shown on the app.

If you restore it using wallet seed, all previous transactions will appear, but some settings will disappear, such as some of the tokens you hid or comments you left.
If you don't remember wallet seed, all your coins will be lost.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: People Tokens are pumping. Bullish. on: May 09, 2024, 04:39:17 PM
gamium has a token called $GMM, which has a price of $0.0005074 with daily trading of less than half a million dollars, and a market capacity of less than 10 million dollars. I cannot trust any project that does not start at a price close to $1, especially with an unlimited total number of tokens and has not succeeded in Achieve something during the past year.
20  Other / Beginners & Help / Re: Dips are temporary but Bitcoin is forever. on: May 09, 2024, 03:35:52 PM
It is easy to know the DIP, but it is difficult to know to what depth this DIP will continue, as the price can drop a lot until it is lower than the previous DIP. This happened last time when Bitcoin drop to 30k, everyone believed that the worst had happened and suddenly price back to 17k at that time many some thought that we would see 11k, but the price rose. Buy Bitcoin when the signal is red, as no matter how low the price goes, it will rise again.

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