Everyone who knows about DeFi, knows about Unicorn Token, and UniSwap, and probably Compound.
These are Ethereum ERC20 Token Smart Contracts, and there is another half to it, TRON TRC20 Token. The TRC20 is Free to make, and allows you to copy and part your ERC20 Solidity contracts into TronScan with just a few changes like your wallet address. TRON copied UniSwap and made JustSwap.
So, TRON and ETH are the main platforms, and there are currently several places to list your ERC20 Tokens on a DEX manually, but the ERC20 bar to entry is a little higher since it is not Free.
And yesterday, TRON put TRX in the Steemit wallet, so now there is a TRON Link Wallet in your Steemit account.
This means soon Steemit will be a place to not only earn money, but launch a Token. And people may think "doesn't Steem-Engine have Tokens? Aren't there SMTs?".
But I would ask anyone who does not understand this, to look at Bitshares Assets, found on the Cryptofresh Website by Googling Cryptofresh Assets.
Those Cryptofresh Assets were being traded by the Original Steemit Witnesses in 2016.
Bitshares Assets cost about 1 BTC to make, Steem-Engine Tokens require you to use KeyChain, and buy ENG, etc, it is not straightforward for a new person, and neither is ERC20. But TRC10 is.
TRC20 are Free unlike ERC20 (both are the same and Devs can copy each others code)
So now we will likely see hundreds of people launching TRC10s on Steemit, and building TRC20 Smart Contracts which interact with Steemit. TRC20 Steemit rewards Bots, etc.
So now DeFi has a Source of Income, as Steemit is one of the only places a Cryptocurrency is rewarded for real world effort, and is how most normal people understand "earning". So there is now a layer of Finance that wasn't there before.
DeFi now does Social Media. DeFi will now not just be Discussed on Social Media, but is part of Social Media.
Currently DeFi is for ETH Miners, Maker DAI users, Bitshares groupies, and Bitcoin foundation types. So, really nobody.
Now, we will start seeing regular people, and even people in 3rd World Poverty, able to reach into DeFi.
Mixing Steemit and TRON Link also brings Poloni DEX and JustSwap to Steemit, which is again similar to but better than Steem-Engine. We are about to see a whole new way to look at Cryptocurrency apart from its "Digital Gold" image it currently holds with Bitcoin, and we are about to see everyone start to get involved. And TRON is just doing this first, there will be plenty more.
TRON and STEEM are both not a new Token. Not like UniSwap or JustSwap are each on a chain, these are now 2 Blockchains with different uses, coming together in the Wallet. One of which has dApps that live in the wallet.
I've heard that steemit has been broken for a long time. I tried to sign up over two years ago and it didn't even let me join. TRON promised a bridge to Ethereum so projects could trade cheaper on TRON but it never launched. Instead billions of dollars and ERC20 projects like 0xMR and BAT moved to Binance Smart Chain and are now traded there for lower fees.
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Although prices have gone up quite a bit, there are still a lot of good deals out there. I'm buying CVP, YETI, 0xMR, and UTNP. UTNP and 0xMR are my favorite projects and have the highest upside IMO. CVP will do really well though, Index funds will be huge on the blockchain.
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Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
Yes, most trading volume is fake anyway. What you need to do is make sure that there is enough liquidity for you to exit your position. 0xMonero for example has low volume but is a good buy at this price and has liquidity on a dozen exchanges on five different blockchains. Looks for the best deals, not the most volume.
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Ever since the "De-Fi" craze began on 2020, Binance Coin has been on a constant uptrend in price. It went all the way from nearly $20 to just $500 in a matter of months. Binance has done a good job in promoting its own currency, resulting in massive adoption in the mainstream world. The world's largest crypto exchange owns "CoinMarketCap" so it has all the tools to make BNB a huge success. With near-zero fees and near-instant transaction confirmation times, Binance Smart Chain (which powers BNB) could become the "next Ethereum" in the crypto/blockchain space. Vitalik and his team better hurry up on scaling Ethereum before it's too late. With how fast BNB has grown lately, it could flip ETH sometime in the future. What do you think? Is Binance Smart Chain the "New Ethereum"? Or is it too early to tell? Do you think it will replace Ethereum sometime in the future? Are current prices sustainable in the long run? Your input will be greatly appreciated. Thank you very much BNB is having it's day in the sun due to gas fees. Those fees will be resolved this summer with the London upgrade.
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In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them. So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund . So how we make altcoin investment safe ?
You are safe if you invest in fairly mineable coins like RVN and 0xMR. Both have no dev wallets to dump on investors and since they are mineable, there is no way for the developers to exit scam.
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This is the start of main stream adoption. Invest appropriately.
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
Ethereum will remain the king and Binance will find it's own niche. Gas fees on Ethereum will go down after the next Ethereum upgrade this summer.
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First step is deciding why your want to create a new altcoin. There are 3 reasons: scam people, create a useless shitcoin to pump and dump, create something useful that solves an actual problem in real world.
1. To scam people you have to do what hundreds of others do and create a token on one of these shit-platforms such as ethereum. Dump it on idiots and make money. 2. To create a garbage shitcoin you can copy bitcoin or any hyped up altcoin would work too, then change the name add a premine and publish it. Do some advertisement and dump it again. 3. To create something useful you first have to understand what cryptocurrencies are, how bitcoin works, have some working knowledge of cryptography and blockchain technology and finally the most important thing is to have an innovative idea that could expand the existing technology and possibly make it better. Then you have to spend at least a year working on the code, publish it and get others involved to finally be able to release a solid cryptocurrency that is worth using.
Reading "how to build" guides only helps you do 1 and 2 but not 3.
It's not necessarily about the technology. You need to provide a business use case and utility for a coin or token for it to be successful long term. That's why I like 0xMR. Not only is it used in two casinos and a DeFi platform, but it's also building an EVM privacy mixer.
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Hello all, If one wants to invest a small amount of money in the cryptocurrency, then which coins are good? I mean is something about $500. Are Tron, EOS, Ripple and Stellar good? I have another question: Can Ripple win the court? When is the next Ripple court?
Any idea welcomed.
Thank you so much.
XRP is a good bet, it's likely to win or settle the lawsuit. This should cause a very large pump. I'm also buying microcaps that haven't mooned yet like 0xMR.
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What you would have now if you have invested $1000 into top 10 token from the beginning of 2021. You'd have a lot more than most of those if you had invested in 0xMR.
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So, if you are looking for the top altcoins to invest in your money, you should choose from Ethereum, Cardano, NEO, OmiseGo, and Vechain. In case you are not able to invest in Bitcoins, you should look for other cryptocurrencies. At present, the crypto market is performing better than the traditional one. Although Stellar and Qtum are gaining traction, they have to get more market capitalization in order to emerge as the profitable ones to the people. Watch out for a reputable crypto platform if you are not getting anywhere in crypto trading and investments. It will definitely help you out. Sources>> https://www.cryptoknowmics.com/news/top-5-altcoins-to-invest-in-march-2021/Youtube>> https://youtu.be/iS2dn2FcEqkRight now I'm investing in undervalued projects that haven't mooned yet, like YETI, 0xMR, and UTNP. I also like CVP and RGT.
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Hello, Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it? How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU? Any website exist that provide reliable forecast service?
Thank you.
Most of those cryptos are Ethereum tokens which are compatible with most Ethereum wallets, like Trust mobile and Metamask.
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
BSC released when it did because Binance saw an opening to take part of Ethereum's market. Ethereum is implementing EIPs to reduce gas fees and will likely remain the king. BSC will stick around for sure though, sidechains and L2 will be required to help Ethereum scale to a world computer.
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hello guys I have a question :
What methods are there for take profit ?
in my opinion this method is good :
1. buy ipo/ico 2. buy coins and token before token burning 3. buy top volume coins 4. buy bitcoin befor halving
whats your opinion ? have you good idea ?
please help me
best regards
Just invest in undervalued projects like 0xMR and UTNP and set an exit price target.
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I just got all the cheapest coins on CMC and it’ll either be really good percentage gains or really bad haha
But this is all with “extra” money I wouldn’t be devastated with losing.
XAP, YLD, XBC, and Blocknet (BLOCK).
CMC is owned by Binance and does not list half the projects in existence. Coins normally have to be listed on shady chinese centralized exchanges to be tracked on CMC. Use coingecko. I'm buying 0xMR, UTNP, and YETI. Index tokens are going to be huge.
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0xMR is a multi-contract/multi-chain privacy focused project that exists on Ethereum, Binance Smart Chain, Polygon, xDAI Chain, incognito Chain, and Syscoin.
0xMR launches on Near Network on April 15th 2020.
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We are coming up with ICO/IEO for our upcoming project. It's a utility token with real-world use-cases. Have some standard questions related to the same, so sharing them with the community.
1. We should go ahead with the Utility token or we should try some other way? 2. If someone has used Avalanche Blockchain, please share the experience. We are exploring it for executing faster transactions and lowering the transaction costs. 3. Which one is the best platform to launch the ICO? 4. What should we take care of if we are approaching Binance for a listing of our token. 5. What are the other reputed alternatives for listing? (which can be less complicated in the process)
Will share our Telegram, Discord, and Github details in a week for community discussion.
Thank you and Have a Good Day,
Best Regards, Amaze World Team
Most ICOs are scams, you should find a different way to raise funds for the project.
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People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.
I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.
what do you think?
Monero is just an overpriced fork of Bytecoin. It's old technology and can likely be traced. I sold my Monero some time ago for 0xMR and incognito chain.
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Hi guys, please tell me my plan is terrible. I have gathered that Mina and eco are two solid projects based on my research and general sentiment and also analyst opinion.
I have never participated in an ICO. I figure this is the best way to get in early.
How would I prepare for this ICO. I hear they sell out quickly. Can someone give me a checklist or gotchas that you wish you knew your first time?
Thanks
It's dangerous to invest in ICOs. A lot of people lost money investing in ICOs in 2017 and 2018. I got burned and now I only invest in projects with fair distribution, like RVN and 0xMR.
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It's important to understand that the crypto market is being flooded by new users, new projects, new scams and therefore, fortunetellers. Before investing your life savings into some random new shitcoin, be sure to have a clear thought processes on why you're investing in this crypto.
We are witnessing unprecedented territories and this space is being flooded by naive individuals and the wolves who are herding you into the next ponzi-scheme. I can soundly say, despite what many have stated, technical analysis and moonboy shills are some of the worst tools to rely on. Strictly speaking, most of you are relying on word-of-mouth investments and are not fully understanding you're being controlled and socially engineered by intelligent individuals, scammers and wealthy individuals who've been in this crypto space for several years now and understand what it takes to manipulate the average crypto user.
Take a step back, analyze, take in all possible sources of information, compare, contrast and understand what you're investing your money into before you invest or make your next trade. This Bitcoin bullmarket is in a territory that no one can predict the outcome of. If you're taking that risk, great. But that risk also can come with severe repercussions. Learn from your predecessors in the 2017-2018 bull-market, where the majority lost their life savings and the minority made it out big.
There will be another bear market, there will be a day were the market once again falls through. Be prepared and be ready. No one knows when and how it will come, but it will come. Nothing in crypto grows forever and the majority of newer-projects (<6-8months) will die out, just like the ICO boom of 2017. Tech analysis and your favorite shill will not save you, no one will but yourself and your intuition.
I see a strong resurgence of ICO's/IEO's/IDO's right now, buyer beware. A lot of people got burned in 2018 investing in ICOs. I only invest in fairly mineable projects with no dev wallet, like RVN and 0xMR. That way no VC or presale or team members can dump the price or exit scam.
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