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? It's obviously risky if those coins/tokens don't have any kind of real potentials or product development as pump-dump groups will pump those coins/tokens in this bull run to make profits. BTW, if any potential low-capped coins/tokens are going to have major events in the upcoming weeks/months, than it might be profitable by taking risk on that, IMO. As always, DYOR first and investing is risky for any coins/cryptos. |
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@TryNinja well explained about the APY and I'm just some extra info about it. If any yield is set on APY like 7% APY, than it's the annual return. But binace add some features for yield farmers which is adding weekly locking period to get those rewards without making any kind of transections and it's saved the transection fees for those yield farmers. BTW, OP can participate in the 1inch-Bnb farming campaign where apy is 82% which is greater than binance apy.
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Lucky offer "Review Master - II" For 69 BTC  |
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~ But if paying a fine can solve the XRP case, why don't they do it right away? Is this still stalling for time even though it is clear with a penalty if XRP is able to pay then do it, and it seems like this problem is still happening so there is still no valid news about the SEC that has received the payment. Court didn't give any kind of order to do such things and this issue is still going on. What i said is, maybe this case will also be solved by paying penalty from Ripple to SEC in order to solve this case. So, we need to wait for the result of this issue as i just speculate about this it which might happen or maybe not. |
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So money can buy anything and even turn the law in favor of you. If the ripple team has been dumping on the people for all those years, now they can continue their business by just giving some bribe to the SEC. Although many of us are here to make trading with ripple and increase our bitcoin but we should see how things are being unfolded and whats the power of money. First of all, it's not about money and previous case was solved by court and court ordered that projects to pay that penalty to finish that case. It's not like giving some bribe to SEC at all as it's clearly a public case and everything needs to be published on public domains. Hopefully, you know about the case of Bitfinex and tether which was also solved by paying penalty just like that. Secondly, recent dump was done because of the former founder of Ripple who is dumping to take advantage of the current bull market because everyone is here to make money. Remember about litecoin founder. Kindly, read my previous message as i just discribed what might be the result of the current case of SEC according to previous history.  |
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Although the price is getting out of reach for the common man, there is still an opportunity to benefit in the long-term expect the BULL run to continue....
It's never for us to take entry into bitcoin whether it's bullish or bearish market because bitcoin is always surging from it's begining point and it'll continue this rally with bull and bear market which will be happened one after another.TBH, it's best for us to do DCA for bitcoin or buy when bearish market is going on or buy on every dips which is suitable to take entry. |
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I think many people are going to be disappointed with the performance of altcoins, this is not the same market as 2017, yes the altcoin season during that year was impressive and it seems a great deal of people are waiting for a similar thing to happen now but I do not see it. We need to think why the market is going up now? What has caused the current bull market? And there are two underlying reasons, the first was the huge amount of money governments are printing due to the pandemic and the second are the institutional investors buying bitcoin to protect themselves, neither of those two factors have any relationship with altcoins, which means an altcoin season will not even appear and if it does it will be way weaker than what we saw back then. Everyone is now disappointed as most of those hodlings are top altcoins which doesn't even take a bullish rally like previous alt season and it takes more time than what's expected by community. BTW, it's just mini-alt season because altcoin dominance isn't surged yet and bitcoin's still on the bullish rally. Onething which i know about alt season is, alt season is happened by those users who invest on shitcoins and hype the alt market and as a result, we see a major movement on every altcoins as those users won't research before investing into any projects and new in this markets to do mistakes just like those who did that type of think back in 2018. Already, more users are doing that and some shitcoins are doing huge bullish rally recently. So, there is a major possibilty of a huge alt season, IMHO. |
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I also feel that sometimes whether I take 10-20% profit from buying and selling Bitcoin is enough or I want to hold it, I always worry about it but I end up taking profits little by little rather than my assets being lost
That's a great strategy which is obviously good for both of our portfolio and mental heath. If anyone's doing day trading, than it's best to profit out initial captial within 10% profit and wait rest of the amount until hitting the desired target for more profits. But bitcoin is the best one for long term purpose as it's never disappointed any investors whenever they took entry on it. BTW, bull and bear market would always happen side by side. |
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Looking like we starting stage 2 of the big bullrun, target 89k
It's already started when bitcoin took the second highest correction to $43k-$45k in this year and now, we're just on the way to hit that milestone with some small corrections. Just looking forward to see the breaking of $60k price zone as it might target for $70k zone later on. After that, again little correction to aim for the target of $89k in the upcoming weeks/months, IMHO. |
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actually, not all investors do that.
some like to invest in the long term. like my friend bought a lot of bear market time ETH a few years ago. he just buys it and keeps it in exchange. after that, he hadn't seen her in a long time. and when he opened in early March yesterday, he might as if he found a treasure.
That's true for hodling bitcoin as well as ethereum for longer period of time as both of those coins are now on the cycle of profits. But other alts aren't have that much potential if there isn't any upcoming alt season. So, we need to be careful before buying any alts as shitcoins can even give high ROI rather than other potential alts. BTW, congrts to your friend as i also get almost 5x return on ethereum by hodling that. |
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Hey Guys, im still very new to crypto. is there a resource to learn about the significance of different altcoins before investing?
Best to take trades on any altcoins according to major events and follow CoinMarketCal to get updates of upcoming events. BTW, don't hodl any altcoins for longer period of time as most of those are shitcoins. So, best way to make profits by taking entry according to events and take profits before 1 weeks of that events. Thought TA (Technical Analysis) is needed to select proper buy zone of any altcoins. |
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In coming 10 years, bitcoin may reach new heights. We also need to be aware of the fact that this Bull Run will not continue forever it will come down one day.
No doubt about bitcoin's bullish rally and bullish rally won't be happened until there is a bear market. So, enjoy bull market without being into fomo and buy on every dip or get ready for bear market to fill portfolio with bitcoin. It's now becoming one kind of cycle of bull and bear to teach us what to do and what not to do in every conditions. Within next 10 years, bitcoin might get closer to millions if we get more than 3-4 bull runs, IMHO. |
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why the liquidity is needed? can't I only setup one way transaction, like users can only BUY my token, and not to sell it (at the beginning) -> so then, liquidity is not needed but I don't think it is possible.. or is it?
Uniswap is an AMM (Automated Market Maker) platform where liquidity is the main things to do trades or buy-sell of any tokens. BTW, any projects can do IDO (Initial Dex Offering) to rise funds as there are so many IDO platform to help new projects if team is solid with their roadmap or product development. So, best to apply for ido and than list on uniswap as it's the best way to list tokens without any large listing fees. |
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Or is the crypto only for tjose who got a lot money to Move so They dont care.
Can You guys create the one good working stable coin cheap to transfer and fast and easy to use
Is that all too much to ask?
First of all, it's good to ask any questions. But we don't need any kind of new projects which will be used as a gatway to do transections as there are so many projects which are providing those services. Also, it's not like, crypto is only for whales as it's for all and just need to figure out the way to pay less fees for doing any transections. If anyone want to withdraw funds from any exchange, than try to figure out any top as well as popular coin/token which has the lowest price and withdrawal fee is also lower than others so that we can able to withdraw into that coin/token. After that, convert that coin/token into other desired coins like bitcoin or ethereum in top exchanges like FTX or Binance. I personally use FTX as there is no fees on any crypto withdrawal except ethereum and ethereum based tokens. |
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If the xrp is able to win the case with SEC, then the exchanges which announced that they delist XRP, they will re-list it back making the hype and price rise for the xrp. Recently the hash tag Relist XRP was trending. I still not advise people to invest in XRP but those who are holding XRP should wait and hope they could sell at good price.
There is a great probability that XRP might need to pay some fees to settle this current lawsuit. As it's not the first time, SEC announced any lawsuit on crypto projects because previously SEC was suing Kin Token or Kik team for doing ico which was solved by paying settlement fee from kik team in 2020. So, Ripple is on the way to get a notice of settlement, IMHO. After tha, Ripple might back to its bullish position like you said. |
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is there any way to identify projects, which going to be listed on famous exchangers soon as possible?
Best way to follow those telegram channel which share recent updates about the ongoing events and also try to use second mobile to get instant notification by unmuting that channel. Also, every projects update about the upcoming listing date and trading events into their official social medias. So, anyone can check those social medias to keep up-to-date if he/she is online for most of the time in a day. |
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Not good if you failed to make your sell in the right timing. It's tough since Doge it's been played a lots of time, each tweets coming from Musk create market movements for this project. There are opportunities if you know how to buy low and sell high. Easy to say but very risky for those who are not capable of holding and waiting for the pump. That's the main point to make successful trades on any situation and i personally observe, whenever any users buy any coin/token, it dumps a lit bit and those users think like panice hodlers that it won't rebound and sell off. But at the end, that coin/token pumps a lot and those users regret for not hodling that coin/token ( personally i get to know with this type of people ). So, it's bascially about not being into fomo and think differently with solid analysis and market trends. Also, sometimes market moves into the other direction which wasn't expected by the majority.  |
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~ The easiest way to avoid making the same mistakes is by simply avoiding altcoins, most of the investors that are putting their money in those coins do not really believe in altcoins at all, we know they are only investing in those altcoins because they are interested in the money and nothing more, and while this is understandable if you follow that strategy then you are going to lose all your capital as it happened to so many people back then, so it is better to stay away and remain in bitcoin for the time being. Indeed, it's best to avoid altcoins and keep our portfolio full with bitcoin for longer period of time as it's never disappoint any crypto enthusiasts who even take entry in any ATH because it'll make a new ATH sooner or later. But there are some good projects which has the right potentials to develop more products and we can hodl those instead of taking trades or investment into shitcoins. BTW, it's all about not being into FOMO and anyone can make profits if he/she doesn't get into FOMO, IMHO. |
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I was wondering, are there any coins that are similarly easy to trade on Binance?
It's not another than scalping on any coins/tokens where traders profit out only 5-10% and they don't need any kind of specific coins/tokens to do that (But TA is most important for doing this). If anyone has enough funds, than they can place buy/sell orders between the major support and resistance zone to do this scalping. Also, many users are using BitUniverse to do this where anyone can setup grid trading bot to do that scalping on behalf of those traders. Also sometimes, it turns out bad if anyone select the wrong one or btc tales any kind of huge movement. So, be careful about this. |
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