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181

Alternate cryptocurrencies / Altcoin Discussion / Re: Invest in your ability to earn more.

on: August 18, 2020, 04:52:35 PM

that's a good way to go about it but before investing you need to put some time aside and study the market. Without first hand knowledge you might not learn what is needed to make proper investment. obviously, there are no guarantee either way but you should always research and study before investing that is to keep your risk to the minimum.

182

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Im planning to invest in Ethereum. Is this a good plan?

on: August 15, 2020, 04:09:42 PM

Quote from: clydecessna on August 14, 2020, 04:30:36 AM I am new to the crypto world. Im planning to invest in Eth because i have an instinct that this will rise up in the future. Any thoughts? Help . your instincts are right. You can't really go wrong with eth. It has shown continuous development overtime and everyone has it in their portfolio. However, I would also tell you that you should study it little bit more. Instincts are great but knowledge is also helpful when you are investing and you want to make sure you know what you're investing into.

183

Alternate cryptocurrencies / Altcoin Discussion / Re: TRON 4.0 vs ETH 2.0

on: August 15, 2020, 04:06:02 PM

that's a big statement to make. Price wise they are far away from each other. Most people would tell you that tron is a good coin but I am not sure if you can really compare it to ether just yet. Its obviously younger than eth but in the future it can show many improvements.

184

Alternate cryptocurrencies / Altcoin Discussion / Re: How can I restart a dead altcoin and continue the development??

on: August 14, 2020, 01:22:47 PM

You can speak to the developer and their previous team and work together to get this done. In my personal view, you should create your own instead of trying to recreate what was already dead. You won't know what kind of baggage it carries with it. I have seen people do it in the past but very rarely have they succeeded.. However, if you want to do it anyway make sure you pay attention to why it was dead and if there is still community support for it. Without support it'll be dead again and your work will be wasted.

185

Alternate cryptocurrencies / Altcoin Discussion / Re: Coinmarketcap's New Feature "Earn"

on: August 14, 2020, 01:09:07 PM

binance is very innovative and if you look at their own coin development you can see many improvements on their website. They have grown large in little amount of time. When they bought cmc I knew we would start seeing improvements and I think this will be great for the whole website and how people get attracted to it. This will increase the amount of time people spend on the website.

186

Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you trust, BNB or ETH?

on: August 13, 2020, 04:38:33 PM

I respect what bnb has done in such short period of time and it has obviously gained a lot of trust but I don't think it's a right comparison with eth. most people would pick eth between bnb and eth. they serve different purpose and audience.

187

Alternate cryptocurrencies / Altcoin Discussion / Re: What strategies do you use to make profits or to make your portfolio grow?

on: August 13, 2020, 04:36:07 PM

Quote from: tredingaltec on July 28, 2020, 12:35:42 AM Are you using a long-term strategy to make a percentage profit? or you'd rather jump from project to project..? sharing your experience in the crypto industry will be highly appreciated here that depends on the project and if something is good I usually stick with it rather than jumping from one to another. Some people do jump from one coin to another but that only hurts them in the long term. I used to jump from one to another as a beginner but I learned pretty quickly the drawbacks of that strategy.

188

Alternate cryptocurrencies / Altcoin Discussion / Re: Why lots of people got scam easily

on: August 12, 2020, 05:15:54 PM

There is no simple answer to this since even good projects have failed in the past. You can make good decisions by making sure you do your research and invest in projects that are bringing something innovative to the market but there is no 100% guarantee that you will not lose money. Scam in itself is a broad term and people use it for many different things.

189

Alternate cryptocurrencies / Altcoin Discussion / Re: Which Stable coin is the Best for Investment This Year

on: August 12, 2020, 05:10:48 PM

I am not really sure about this. Stable coins are generally not for investment purpose but only to use them to invest in other coins. Their growth is stable and there isn't much room for growth so your investment will not grow. I personally think tether is the best stable coin and it has been stable for a long time.

190

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Entering in $Tezos(XTZ) now

on: August 11, 2020, 01:44:41 PM

I hope you took the profit there. nice move by tezos. I think tezos is a good investment even if you think about the future and let it run its course without worrying about pulling out too soon. Right now its dependent on bitcoin price from what I see and if we continue at this path we'll see good increase in tezos.

191

Alternate cryptocurrencies / Altcoin Discussion / Re: Would you use a paper wallet to store your CryptoCurrencies?

on: August 11, 2020, 01:22:15 PM

It's not important how you store your keys but what's most important is that you keep them in safe place so you don't lose it. Everyone has different method of storing their keys. Some people prefer paper while others prefer offline and hardware wallet. Personally I find paper wallet to be very useful and safer than other means of storage. It really depends on what you are holding and your knowledge. paper wallet may not be the best option if you are just starting but its always something worth learning if you want to be in the safe side. key word: safe place.

192

Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange security questions

on: August 08, 2020, 03:40:56 PM

Quote from: Festac on May 14, 2020, 11:17:09 AM Newbies have been warned several times not to leave coins on exchanges, my question today is about exchange security and I'm going to use binance as an example 1st Question: binance exchange and few top exchanges I've used has finger print scanner under security settings, I want to know if this can only safe me from people around me or also online hackers, both withdrawal and deposit requires my thumb print, how good is this ? 2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you Note: I'm not planning to leave my coins on exchanges, not that stupid but I'm a full time trader and I use binance so I just want to know If you are speaking of big exchange like binance they are very much secure compare to small time exchange. What you need is double security like 2FA along with finger print. It's always safer to use as much security settings as possible and these days reputable exchanges will make sure that you set them up before you can start trading. IF you want best securyt you want to go with hardware wallet instead which is much more safer than exchange wallet.

193

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Investing in Etherium will now be the right decision?

on: August 07, 2020, 01:02:40 PM

Quote from: ttcsalam on July 31, 2020, 02:01:16 PM The price of etherium is just rising and rising.Updating their network system may be one of the reasons.I look forward to the advice of experienced seniors.I am a small investor and trader.What would be the right decision for me to invest in Etherium now? this was posted few days ago so may be you already bought it by now but if you haven't you shouldn't wait too long. At the end of the day you should make decision based on your knowledge and what seems comfortable to you. Look for right opportunity and jump in.

194

Alternate cryptocurrencies / Altcoin Discussion / Re: 5 mistakes to avoid when investing in Crypto

on: August 07, 2020, 12:51:23 PM

Always go slow. You dont' want to spend too much in crypto and then end up losing your asset. Invest what you can afford to lose and don't make it too much. Diversify your investments and don't put all your eggs in one basket. Keep yourself informed and control your emotions when investing.

195

Alternate cryptocurrencies / Altcoin Discussion / Re: 5 mistakes to avoid when investing in Crypto

on: August 07, 2020, 12:47:11 PM

Quote from: 20kevin20 on August 02, 2020, 01:00:40 PM With the recent number of social media scams, I'd put one more thing on the list: nobody will give you free money. Not even Elon Musk. One more thing is, I'd highly suggest starting to educate yourself about decentralization and your privacy. It's going to be more than worth it in time, trust me. There are a lot of things you may think you're doing right but are completely mistaken about good one. I saw few of these under different famous people name and surprisingly people sent them money. Its always a good idea to invest some time in reading what other people have to say and learn from their mistakes rather than making it on your own and learning it hard way.

196

Alternate cryptocurrencies / Altcoin Discussion / Re: New normal world will make crypto better

on: August 06, 2020, 05:41:13 PM

I think covid has come as a blessing in disguise for crypt market. With so many businesses going out of real world they are being forced to figure out new ways to come up with. This allows people to familiarise themselves with crypto as an option for payment for their businesses. If things go correctly this can actually boost the adoption by at least 40% if not more.

197

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ethereum Classic undervalued?

on: August 06, 2020, 05:34:13 PM

if etc wants to stay in the business it'll have to come with a solid plan. so far I am not seeing any of that. it can gain value when eth becomes unminable but that's a long shot and nobody knows what will happen by the time we reach that point. It is still a great investment but I find that it follows eth trail.

198

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Coins are a great LONG-TERM investment ????

on: August 06, 2020, 05:26:37 PM

look at marketcap and pick top 20. You can't go wrong with that. When picking long term you want to make sure that what you are investing in doesn't disappear tomorrow. price can go up and down but as long as there is a community and support behind it it will rise in value and quality. without community there is nothing worth investing in.

199

Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinbase explorations

on: August 06, 2020, 05:21:08 PM

I liked coinbase when it was small exchange and you could only buy few tokens but they have changed their business model. I am not sure if there is an insider information but they are definitely working to become full fledged exchange where you can trade all altcoins.

200

Alternate cryptocurrencies / Altcoin Discussion / Re: Sending in fake ID for KYC

on: August 05, 2020, 06:28:28 PM

Many projects and exchanges are required by law to provide kyc of their customer but there are people who don't feel comfortable with it. We don't know what third party will do with your personal data so everyone should be more careful with kyc in my opinion.

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