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261  Alternate cryptocurrencies / Altcoin Discussion / Re: Some projects which can grow bigger in the next few years on: September 12, 2022, 01:04:03 PM
It’s really hard to be an early investor of any project regardless of how good they are. People have barely invested in BTC when it was cheap. So does the ETH and a lot of other cryptocurrency.
Do you think there are few projects existed now which will be 10x-100x in the next few years. Maybe in 2025/26? I'm planning to research on such few projects and invest little sum on them. Let me know if you think any of the prpject will grow such bigger in next 3/4 years.
My sure bets are XRP (the new financial system), ICP (the new internet), and 0xMR (every portfolio should have 20% in privacy coins/tokens).
262  Alternate cryptocurrencies / Altcoin Discussion / Re: Is web3 scam? on: September 12, 2022, 01:02:56 PM
Hello,
Is web3 scam? How about https://web3isgoinggreat.com/?
Is web3 vs Blockchain?


Thank you.
I'm not clicking your link but to the question, Web3 is not a scam, it just means websites with smart contract functionality, which could be something as simple as a retail website that allows you to pay with crypto to a full on chain decentralized facebook on the internet computer "ICP".
263  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP potential? on: September 12, 2022, 01:01:17 PM
I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x  from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?
Your goal should be 250 ICP and 10000 XRP. This is your make it stack. Forget DCA, this is the bottom and you should be going all in.
264  Alternate cryptocurrencies / Altcoin Discussion / Re: Rug pull scams on: September 12, 2022, 01:00:20 PM
Rug pull scams "pumping up" a new project, nonfungible token (NFT) or coin to get funding. After the scammers get the money, they disappear with it. The coding for these investments prevents people from selling the bitcoin after purchase, so investors are left with a valueless investment.
It happens in crypto all of the time. Only about 10% of crypto projects are legit. Three projects that I like are RVN and 0xMR because they had no ICO and all coins were fairly mined and ICP, which is backed by the World Economic Forum.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: This makes sense or not? on: September 12, 2022, 12:58:44 PM
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
Makes sense. Most events in crypto are sell the news events then buy back in. I sold my ETH a few months ago for ICP because I believe it has higher upside.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: Does staking even make any sense on: September 07, 2022, 01:19:23 PM
It is best that we keep our own coins in our hard wallets. But there is no wrong when people are staking even on decentralized platforms like Binance for example. There are risks but if people knew that then it is fine. If it is extra money then a thousand dollars earning $95 for a year is very good enough. We're talking about returns in contrast with banks very low yearly interests on our savings.

Instead of bashing people that staked their coins, why not share to us better ways to earn more?

 
I don't trust exchanges with my money. I only stake on DeFi platforms like Alchemix or in wallet using POS cryptos like ICP and Celo.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: Which crypto has the highest potential?? on: September 07, 2022, 01:17:49 PM
Here is  the top 10 Cryptos with the highest potential to grow, can you suggest which is the game changer in 2023??

1. Ethereum

2. Polygon

3. Solana

4. Cardano

5. ApeCoin

6. Tron

7. Sandbox

8. Chainlink

9. Shiba Inu

10. Cosmos

In my wallet majority of the share holding by Solana and ApeCoin does it be a good choice?Huh Huh Huh Huh Undecided Undecided


The only ones of those I would hold are Polygon and Chainlink. I would remove the meme coins and replace those with XRP and ICP.
268  Alternate cryptocurrencies / Altcoin Discussion / Re: Bull Run and Bear Market on: September 07, 2022, 01:16:50 PM
This is a simple question, When this bearish market end and Bull run start.
Thanks
A lot of people still believe that crypto runs on the 4 year BTC cycle. I don't think it does anymore. Have you seen how the stock market and DXY has controlled the price of BTC recently? It's uncanny. Your best bet is to take this time to invest while the market is red and be prepared to sell when the market pumps again. Better still, if you are holding POS cryptos like NEAR and ICP, you can profit while you HODL.
269  Alternate cryptocurrencies / Altcoin Discussion / Re: which token should I use for my investment ? on: September 07, 2022, 01:14:54 PM
Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

 
Don't fall for the easy money trap. What you want to be doing is building up your income streams. This could be a side job, trading, or POS crypto staking rewards from something like CNDL and ICP. Don't margin trade or buy meme coins unless you want to lose your money fast.
270  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the market rise in september on: September 07, 2022, 01:10:32 PM
Which coin will be ready to buy. It is time to dump the all coin. Can you expect the market to do something good in september. What do you say.

I do not think so. we all know that nowadays All financial markets are suffering due to global problems. It might take some more time for things to settle down. I believe the cryptocurrency market will be the first to rise and develop when the situation improves.

If we look at the Bitcoin price which is getting lower in early September, it looks like we are going to experience a pretty deep decline this month.
So we really won't see the market going up in September, so we have to be more patient in holding the coins we have. It is quite tiring to face
a bear market which is almost nearing the end of the year but the market has not yet recovered, this is the risk of investing in crypto, sometimes
bear markets last longer than we expected. But as long as we don't sell our potential coins at low prices, everything will be fine. The most important
thing is that we understand that the bear market will definitely end, but we really can't determine the time accurately. There really isn't much
we can do in a situation like now other than be patient waiting for the bear market to end and the bull market to come. If we still have extra money,
we can take advantage of the opportunity to buy potential coins right now.
It's always good to have a steady income to take advantage of buying opportunities in the market. I plan on buying more ICP and XRP if they go lower.
271  Alternate cryptocurrencies / Altcoin Discussion / Re: List of most prominent altcoins of the moment on: September 07, 2022, 01:06:17 PM
I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment?
Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
I think you might be looking for ICP, the internet computer. It has a strong community and real world utility. The blockchain can host websites and smart contracts can be programmed in web assembly.
272  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Tornado.Cash Sanctioned by the US on: September 07, 2022, 01:05:19 PM
The article stated
Quote
The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said,
is for the American citizens but for other countries they can still use or the people in America can find a way to use, the Cryptocurrency industry still needs mixing protocols/services the way things are being centralized in the Crypto industry, mixers support and adhere to decentralization which is the core teaching of Cryptocurrency

Yes. American citizens will be mostly affected by the sanctions. But other countries could restrict their people from using the Tornado.Cash service, especially if they have close ties to the US. I think people in Russia, Venezuela, China, and other foreign countries won't have a problem using the aforementioned mixer protocol. Besides, it's still possible to use Tornado.Cash directly through ETH smart contracts no matter where you are in the world. That's thanks to the decentralized and open source nature of Tornado.Cash. The code is widely available for anyone to copy, modify and/or redistribute, so I wouldn't be surprised if a Tornado.Cash clone is born on a completely different blockchain to challenge sanctions imposed by the US government. Just my thoughts Grin
There are already some forks of Tornado Cash. Private bridges like 0xMonero's 0xTIP and blockbend are also options.
273  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is ever the right time. on: September 05, 2022, 03:56:36 PM
I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
You will never be able to time the market exactly. Just buy when the market is red and nobody is talking about crypto. Sell when your parents ask you how to buy crypto. Another way to profit is to yield farm using DeFi or to stake cryptos like NEAR, CNDL, and ICP for up to 20% APY.
274  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How long can this BULL run last?? on: September 05, 2022, 03:55:18 PM
Don't think when the Bull will end, but think about how to make a profit in Crypto Trading in any market conditions. So that we are not affected, even though the market conditions are not good and less profitable for us. Manage as well as possible in buying and selling alt that we have, is an effective way to make a profit.

Cryptocurrencies have great potential for profit, every day always appears at least 50 new coins and this is a good opportunity if we want profit when there is a bear market, the increase in new coins can reach thousands of percent in a week or even less.
Yeah, there are always new projects launching, like SUI, APTOS and CNDL right now. Don't forget AAA rated blue chip cryptos like ICP and NEAR though. Just because the price is down temporarily doesn't mean that development of DApps on these projects stopped, quite the contrary.
275  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Altcoins Follow BTC Rally? on: September 05, 2022, 03:53:56 PM
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
When bitcoin pumps, alts dump. When bitcoin dumps, alts dump. When bitcoin goes sideways, alts pump. Alts only pump while bitcoin pumps during a bullrun. You can either just hold BTC or buy some POS cryptos like NEAR, ICP, CNDL and stake them until you have enough money to retire.
276  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Price To Buy Ethereum on: September 05, 2022, 03:52:28 PM
I'm buying ETH under 100 usd. I think the merge is a great opportunity for whales to sell the news and dump on retail investors who have their ETH locked up in staking for the next year or more. I sold my ETH for ICP and may buy back in later, or not. I fell out of love with Ethereum after researching the internet computer basically. ETH basically can't scale without L2, so its future is bleak.
277  Alternate cryptocurrencies / Speculation (Altcoins) / Re: now is the right time to buy XRP on: September 05, 2022, 03:50:15 PM
Put simply, XRP is the backbone of the new financial system and ICP is the new internet. Add a privacy coin like 0xMR and you can consider your crypto portfolio complete.
278  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoin will go 10x this year? on: September 05, 2022, 03:49:11 PM
If you want to see any altcoins that will do x10 for you as at the current situation of the market, it has to be of shitcoins on dex exchanges, there are lots of shitcoins doing x10 and above I've seen shitcoins doing x150, but the problem with such dex is that rugs are much more than good project, it's more or less like a gamble, when you win, you win big and vice versa

What you say is true, usually in bear market situations that can provide profits of up to 10x are usually shitcoins or new coins. But as we all know
the risk is very high, meaning that if we choose the wrong projects, we will lose our money. That's why my advice is not to be too obsessed with
big profits when investing in crypto, it just forces us to make the wrong decisions. Especially in a bear market we should be wiser in spending our money.
My advice is to invest in projects that are safe, even if the profit generated is small. At least if we are patient to accumulate the resulting profit,
we can get a big profit in the end.
I think it's very difficult to choose the shitcoins that will pump up to 10X, it's like looking for a needle in a haystack. especially for new projects nowadays all of them have good white paper, and sometimes have a team that has been successful on several previous projects. but on the way most of the altcoins can not grow and are thrown from the exchange because there is no interest, and usually after the pump there will be a dump
I don't think it's difficult to find promising altcoins that will moon. Take a look at CNDL, ICP, 0xMR, and ENJ. These are all incredibly undervalued, particularly the internet computer, which is the only Web3 blockchain that can also be used to host internet websites and make Web2 sites Web3 compatible.
279  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: September 05, 2022, 03:47:15 PM
I have felt this week with lots of hope as the entire cryptocurrency market is on a bullish look and ethereum doing a 5% rise in the late hour of yesterday and at the moment selling for $3,254 which

Is still and good price with many expecting next next altcoin season. what are your recommended altcoins or defi token to invest in for quick profits at the moment.
Stop trading using 5 minute candles. I've never had more peace of mind when I deleted coingecko and staked my NEAR and ICP. When I hear my parents asking me how to invest, that's my sell signal.
280  Alternate cryptocurrencies / Speculation (Altcoins) / Re: global stock markets are under bearish pressure on: September 05, 2022, 03:44:43 PM
Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

Well yes, is the DXY goes up, then everything else goes down. This is an opportunity to DCA into promising cryptos like ICP, CNDL, and 0xMR.
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