I'm holding bitcoin, Ethereum and Tron. Just three of them. I have also nearly equal amount of USDC and USDT as I'm involved in active trading. I'm also planning to get rid of my Tron eventually and focusing on only Bitcoin and Ethereum as they are much less risky and too large to fail at the moment. If you want a trouble free profit or a want to start trading, BTC/USDC pair is my first recommendation.
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Commissions in the network are lower, I use LTC to transfer money from exchange to exchange. It would be interesting if LTC also joined DEFI
I don't think Litecoin can be a defi unless they make a swap of coin to another blockchain. Litecoin surely is a preferred coin for low fees transfers as they are quick and accepted on most exchanges. Litecoin is also one of the popular trading pair. But personally I don't see a future for Litecoin. They were introduced as a lighter alternative for bitcoin but now there are multiple of coins that are lighter. And the founder of Litecoin actually sold all of his coins and is no more actively participating in its development.
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The best way to find which exchange deals with your coin is to go look for reference sites like coinmarketcap and coingecko. But while dealing with exchanges, you should first confirm whether they are trustworthy or not. Even some popular exchanges have a bad reputation. If it bother you to deal with many coins, just choose a small number. If you are to actively trade between coins and exchanges, try doing that using API. Many platforms provide automatic as well as predefined trades easily on multiple exchanges with multiple coins using API.
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Exactly it's "hype". Well, I'd say we are on the brink of being crowded on the defi space and sooner or later we'll see scams involving defi. Scammers are looking now into this industry just like what happen way back 2017 with the crowded ICO on place. Just my opinion but my hunch tells me it will be the same as to this defi.
I have been saying this for many times now in many different threads,,, I do not see any good news when I read all the Defi things. To me this is just like gambling dapps on Ethereum,,, more sophisticated but the same people playing with money all around. There were a bit of genuine interest on defi as they solve as well as automate a broad business that has been already established by central agencies. But the current increase in price of defi tokens are unnatural and unsustainable. I don't know the exact point but when compound finance issued their own token, the prices of every defi coins started to increase without taking in consideration of increase in transaction volume and use of these defi. It's a pure hype and a bubble which is going to burst soon.
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I'd call NEO a dead coin. I've been following them from the start and was a long time holder since they were Antshares. I personally made some profit on selling NEO but I again bought them to stake. I staked them for a long time yielding nothing. The price of coin+GAS were much less than what I paid for and ever since I sold them for loss, they haven't had any significant increase. Though the team reaches every crypto related conference talking about NEO 2.0, they have zero strategy to increase the adoption of their blockchain.
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It would be better to let people understand themselves and come to crypto than to advertise for some coin or something that may frame ourself as the con artist. It's an good idea to voice for crypto whenever the debate arises or let anyone know about how it works and what you think about it if they are curious. Forcing your investment strategies would not be a good idea as it might ruin their first experience with crypto.
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I'm recently been using bituniverse for my trading as well as portfolio management. They track almost every exchange through API hence bringing in exact amount and prices. You just need to give your initial investment and it would present you with various charts over time. They also allow bot trading as well as manual trading on various exchanges even without leaving the app.
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Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that
what is your opinion?
We don't need a lot of crypto projects to succeed. And it doesn't mean that something immediately new is ought to be better than an old one. some of the old projects are much more actively developed and are being actually adapted by different sectors as utility or payment coin. We have so much coins already that 90% of them are bound to fail. Just a small number of coins would actually survive the test of time.
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If any company would be actually be pegging a coin, a one pegged with precious metals like gold would be a much better option than any pegged on fiat. There are a lot of so called gold backed currency but the problem is almost all of them don't actually holds the required amount of gold for escrow. And it would not be believable unless an established company jumps into gold backed coins as issuing one requires a large capital.
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It was not his own to start with. He was a part of it. And to say so could just been and advisor cum advertiser for the project as he do have a good following on twitter and so called crypto news network follows every of his move. The Ghost project itself was accused of plagiarizing the whitepaper from another popular privacy focused coin. The disengagement would make no difference for both the project and McAfee himself as he is a shiller and needs new projects to keep shilling.
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I'd classify myself an unlucky one. My first encounter with bitcoin was in late 2012. My first bitcoin purchase was below $250. Kept trading and dealing on bitcoin but didn't holded any significant amount on the price boost. Only realized that I should have kept some during the 2017 bull run. Though I kept on bagging coins after than, my average buy price now stands at about 8.5K. I'm an early adopter without any coins, a holder and a rookie trader.
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Though Hive is a fork of steem, it aims to target a boarder market than steem. They have came up as a new but promising utility tokens and there are already a lot of dapps on the Hive platform. The largest dapp on Hive, Splinterlands has higher number of daily users than the total sum of users in steem dapps. That shows how better hive is for new dapp games and social/blogging platforms.
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Holding is still a less risky way to make money when bitcoin really bulls but it's quite frustrating for people with low (normal) patience. It's been some years and bitcoin is fluctuating between 4K and 12K. Grid traders on meantime made a good profit but the people that's been holding since the last ATH are still waiting. They price would go up one day but how appropriate would be the profit at that time is a different thing. A dollar today would not be worth the same after a year. The money you can't use when you really need is worthless.
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The two sites I visit every few minutes for update are bitcointalk forum and coinmarketcap. Though both of them are not actually a news sites, bitcointalk do have good discussion, mostly outdated but they give a bigger picture. On the other hand I check CMC for prices but going into a currency's social section, I visit their social section and go to twitter or reddit if I found and useful content. Reddit generally has quicker updates on things.
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That's why this is a testnet. Bugs and problems are expected and they'll move on with new solutions. There would be ofcourse some solutions to every problems but not all solutions are as good. I hope the team takes its time in building a solid network than just patching some errors and bugs and rushing to launch it. If Ethereum failed to deliver what people are expecting it to, people would just move on to other platforms.
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Truly said. Rushing on for a community pressure could be more devastating. The blockchain is working and the least thing we want it is to break. They should test it enough before releasing. It also should be an overall development to the blockchain. Just making it more sluggish to implement POS would not be good. They rather break older apps and smart contract to make a better environment for them in future than to make it sluggish to fit most of them.
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Bitcoin along with other alts has always been unpredictive. No one was ready for the 19K ATH at that moment and no one thought the correction would come down to 4K and stay down for two years. Many people are waiting for another bull for over 2 years. The current price changes are gradual. Bitcoin kept on rising and making a new stand every 1K in price change. The price now hovers just above 12K and would likely hold. Yet, no one can predict the next sharp change would be a bull or bear.
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As I remember Viabtc was one of the largest proponent for bitcoincash fork. They along with bitmain supported Bitcoincash calling it better for miners. Craig Wright forked it after he found himself not to be the prime person for the new coins. The desire for viabtc could be reasoned to the same. Forking an open source coin is a good thing for diversification and parallel development but forking just to make you and your idea the only valid one would promote more forks than on actual development.
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It's not an entirely new thing but on Defi everything happens on the base of safe contract which can be unhackable and automatic which decreases the expenditure of the platform and the risks involved in lending and borrowing which overall benefits the users with low cut leading to better rates on both lending and borrowing. It's an automated bank that depends on pre defined circumstances. No one to modify them or no excuses about anything.
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Can you explain us about what crypto will the user get from coinmarketcap earn feature ? It is written there we can earn crypto just by watching videos and answer question, but i think it will be more than that. Personally im interested as well, coinmarketcap is the most popular coin rating site after all.
They are giving upto $10 worth of BAND tokens, not for everyone but some selected winners. You'd probably don't need to fill a KYC as they haven't asked for it. It's more like a promotion for the token and the exchange than actually rewarding the users. They'd spend a thousands getting attention of millions of users. Coinmarketcap is increasing its services, it's no longer just a simple site to check prices and market value. I hope they don't compromise the loading speed furthermore.
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