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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ethereum is Dropping After the Merge? on: October 17, 2022, 12:49:53 PM
If the merge was supposed to fix many of Ethereumís problems, why is its value still tanking? Huh Huh
No, the merge was not supposed to fix Ethereum's problems and that misunderstanding is exactly why the price is tanking. The merge just means that Ethereum went from POW to POS. It did not increase TPS or increase decentralization or security. It did not enable sharding. Heck, they didn't even enable people to withdraw their staked Ethereum. Right now, it looks like the best way to scale Ethereum is by wrapping it and pegging it like WBTC on Ethereum on another chain like Flare Network or by doing what the Internet Computer is doing, allowing ICP contracts to interact directly with Ethereum without bridges.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: October 17, 2022, 12:47:05 PM
I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

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.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.
You really need to be careful who you take advice from. Yes, the profit potential on newly released projects is likely higher (depending on presale conditions) but older projects that are still actively developed (like ICP and FTM) and are down 90%+ will likely return to their ATH soon and give you massive returns.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Shit coins era is going to end on: October 11, 2022, 05:39:20 PM
Shit coins are just trending coins which only work with trend. There is no real Usecase and real hype of these coins. During the trend these shut coins give very good profit to investors and some shit Coin cut so many zero in some days but now in bear market ,no body is ready to invest in major coins so how one can Invest in shit coins.
May be the trend of shit coins back but it's very risky investment at all. It's very hard to Become Shib and Doge for every shit coins.
Yes and no. Newer blockchains are enabling the easier creation of tokens (IOTA shimmer and ICP) but even though it is easy to create tokens now, getting listed on price trackers and exchanges is getting harder and harder.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Long-term investment projects ? on: October 11, 2022, 05:38:05 PM
If we have a target for profit 10x or even 100x then we have to hold at least 5 years, in investment, of course we must dare to take risks, the easiest way is we buy with a small value for example $ 100 and if 5 years can rise 100x then we get $ 10K.
Yeah well it goes without saying that if you are planning to hold for 5 years then you need to find a CeFi platform to earn APY on or if the project is POS like the case of MATIC, FTM, or ICP etc. then you should be staking to earn additional yield. Just holding means you are losing money to inflation as the circulating supply catches up to the total supply.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Popular projects and none popular projects on: October 11, 2022, 05:36:20 PM
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No project is 100% safe from scams and hacks but if VC firms like Pantera Capital and DCG are involved, then the project has been researched thoroughly and should be considered safe. Also, projects that are implementing ISO20022 compatibility like XLM, XRP and ICP should all be safe too because that is the standard for CBDCs and not any company has the ability/approval to transfer those kinds of assets.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: They want your money by all means possible on: October 11, 2022, 05:34:00 PM
We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.
If you are concerned about scams then only invest in projects that DCG or Alameda for example invested in, big name projects like XRP and ICP. Also, any project that was invited to Davos or is promoted by the WEF will also do well. Illuminati coins you could say, because they never lose.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When Bottom? on: October 11, 2022, 05:31:57 PM
We will know in a couple days if interest rates are raised again. I'm going to guess that they won't because the Democrats have mid term elections in November and it won't look good for them if there is a stock market crash during that time. I think stocks and cryptos will do well in Q4, beyond that is anyone's guess but I'm topping off my ICP and LPR bags at the moment in preparation.
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Be careful buying alts right now on: October 11, 2022, 05:29:56 PM
We should exercise caution before buying altcoins anytime. Currently bearish condition is going on in the crypto market. We don't know where its bottom is. But since the next bullrun is late, the market may dump more. So if someone wants to buy altcoin then I think you can buy with some part of your portfolio.
We have been in a bear market for a year and solid alts like FTM and ICP are down over 90%. There's never been a better time to buy than right now. Don't let the bears scare you into staying poor. It can't rain all the time. As long as the project you are investing in is still developing and growing then it should do very well when the market turns back green.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi Tokens on: October 11, 2022, 05:23:03 PM
Hello guys, I'm on a low budget right now and looking for Tokens/Crypto that would be really good to invest on. Recently, I was looking for DeFi tokens and kept my eye on Fantom and SushiSwap. But right now, I think I can afford and buy more Fantom once the price got lower.

Do you still have other suggestions or ideas that you think might work on investing DeFi tokens? What are the good DeFi tokens that you think that would be profitable in the next few years?
I think FTM and BOO in particular will do very well when it comes to DeFi. Also, look out for the internet computer because they will be launching DeFi soon and the TVL will increase rapidly. If you can find which AMM will become the standard, and purchase those governance tokens, you will probably make bank.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: POLYGONíS MATIC or Solana on: October 11, 2022, 05:19:00 PM

No Doubt, Both are smart contract platforms that support several  DeFi and NFT protocols.

Polygon had  a well-developed NFT ecosystem with many tools, marketplaces and other products being built on it.

It has more than 150 NFT Dapps and marketplaces like OpenSea already built and working on it.

But Solana is undoubtedly a worthy contender.BTCBTCBTCBTCBTCBTC

lots of the NFT/ game project on Solana ecosystem.

Such as :$Aurory ,Burnt Fiance , Solanians

Plus :  new  NFT marketplace -SolPixel Powered by Solana

what is your options or opinions? Huh Huh Huh Huh

IMO Polygon's closest competitor is the internet computer or NEAR, not Solana. Solana has broken a dozen times already and when discussing blockchains, the most important factor is security. The internet computer ICP runs on decentralized servers, not AWS like most other blockchains.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't punic, just hodl on: October 11, 2022, 04:33:38 PM
True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
HODL was the best option, now yield farming and staking are the best options. Better still is liquid staking, like on MATIC and ICP, which allows you to yield farm with your staked coins so you can earn double the APY.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about CBDCs? on: October 11, 2022, 04:32:36 PM
CBDCs are the future of money, like it or not. Several popular blockchains are integrating ISO20022 compatibility, which will allow smart contracts to hold and transfer CBDCs. Some blockchains include XRP, XLM, and ICP.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Blockchain Bridge is Useless? on: October 11, 2022, 04:30:58 PM
The Blockchain bridge is Useless because there is a reason behind this. All types of bridges have common security flaw that turns Blockchain into vulnerability and hackers can attack easily.

And also Blockchain bridge makes things more centralized. And currently BNB 600 million dollars hack indicates that we should stay away from this.
Most hacks these days are occurring on crypto bridges. They make a great target because they hold billions of dollars in coins/tokens. The only real solution I have seen to this problem is by the internet computer (ICP), which is integrating BTC and ETH directly on its chain, which means that smart contracts on the internet computer will be able to hold ETH, do cross contract calls, transfers etc. without bridging.
14  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Sport betting smart contract on: October 11, 2022, 04:29:08 PM
Would like to ask if anyone tried any sort of p2p smart contract sport betting platform. The only similar one I could find is

Would be interested to find out:
- if you used such a service
- how much would "NO KYC" matter to you ?
- did/would you feel confortable connecting with metamask to it ? or just send coins to a certain address that would belong to the bet you want to make
- how long would the withdraw period be for you to feel confortable with it
- would you use it if it did not have a nice looking UI
- would you use it if you only had 2-3 football matches per day where you can ONLY bet the result of 1 of them at a time ?
- do you think a total bet odd of 3 / 4 to 1 is enought to get you betting ?
I use NEAR.Casino and Betcrypt365, both of these have live sports betting and accept 0xMR tokens.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Is sacrificing privacy data important? on: October 11, 2022, 04:28:23 PM
Many Airdrop programs often appear to distribute their free tokens, but the project asks airdrop participants to verify their data.

Recently, Stellar also made the Airdrop program by providing USD 125 million in XLM form, the total tokens shared are approximately 1.5 billion tokens. The token is indeed distributed free, but the user must verify his identity to be able to get the token.

These free tokens are pretty much hunted. Unfortunately, there are still many who do not understand that privacy is quite important and must be maintained.
I think that free XLM giveaway was a scam. There are many such scams, I saw one recently for XRP too. There has been some discussion about giving ICP stakers airdrops of tokens launched on the internet computer but the danger is that these tokens could be malicious and drain your wallet, so be careful which tokens you interact with.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Most of the Tokens are traded on small Exchanges, Is it Good or Scam on: October 11, 2022, 04:26:23 PM
Most of the new crypto coins are traded in small exchanges like Yobit, Stock Exchange, BigONE. Are these tokens safe for use, or are they a scam?

1) Have you purchased any new token which somehow been missing after a time

2) Have you observed any uncertainty in the price of token

3) The wallet is missing of those particular token and funds are missing

4) Does you find wallet of such token on any other platform apart from one which you used to buy

5) Are you able to transfer, if so, do exchanges charge high fee which could lead to a loss ..

These are some of observations related to new tokens which launched and somehow after sometime users go through these issues ..
It's impossible for a new project to launch on a major exchange like Binance unless they have VC funding. It can cost up to a million USD to list on Binance. This means that for most coins, you are going to need to buy them on smaller exchanges. By the time the project eventually gets listed on Coinbase for example, the price will be 10x what you could have bought it for on a smaller exchange. Yes, these exchanges are more risky but if you don't leave your coins on exchanges you should be okay. I had to do the same thing buying my ICP before it got listed on
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Will "De-Fi" platforms be subject to KYC/AML laws in the future? on: October 11, 2022, 02:47:36 PM
Dunno exactly, but there should be workarounds around that as you might be able to access these platforms with different frontends. After all, they can only censor frontend and not the smart contract itself.
This. You can't censor the contracts themselves if they are hosted on decentralized versions of github, which would be a perfect DApp on the internet computer. In fact, I think they might already have that one.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: have you ever thought? about blockchain security? on: October 11, 2022, 02:46:26 PM
The most important thing a blockchain should have is security, and that's why I prefer XRP and ICP to BNB and SOL. Both ICP and XRP are much more secure chains. ICP even has biometric security.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Wallet for Storing Altcoins? on: October 11, 2022, 02:45:03 PM
One alternative to hardware wallets would be the internet computer plug wallet. Although it is a browser extension wallet like metamask, it is secured by your face scan or finger print, so nobody can hack your coins.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Wallet for Storing Altcoins? on: October 11, 2022, 02:44:08 PM
I am still using an old nano ledger s.  I use it mainly to store btc and bch.  There isn't that much space on it due to the limited space. 

If I want to start trading altcoins but particularly those meme coins and weird coins that come out, what wallet would you need for that?  Do most people here have a 2nd hardware wallet strictly for this?  Then again lot of these altcoins aren't supported by the nano ledger s plus or the x right?  I heard about metamask.  That is an online wallet.  So if you connect the metamask to the nano ledger s plus, than that would work?

Also when you find out about new coins, what exchange do you go to to find these coins?  Is it almost always something like uniswap or pancakeswap and not a major exchange?

Also for you daily traders, are you keeping the coins in that exchange or metamask or your hardware wallet once you are done trading for the day?  I can't imagine you sending your eth wallet to your hardware wallet all the time because fees are expensive right?  And keeping it in exchanges is not safe?  The same as with on metamask?

Also heard trustwallet spoke about as well.  But the safest way is to get a metamask account and link it to a hardware wallet right?  But you shouldn't do it with your main hardware wallet that you use mainly for storage?  But do so with a trading hardware wallet?  Because if you connect to a malicious contract... that is the term i always hear about, well as long as you don't confirm it... you are fine?  But if you do, are all your coins in that 2nd hardware wallet at risk?  So there would be no risk to your main nano ledger s  if you use the s and s plus with ledger live?

Anyone who trade altcoins can explain this?
I use the tangem wallet to store my 0xMonero. Every month they launch support for an additional blockchain.
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