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1  Economy / Trading Discussion / Re: How to maintain profitability in crypto trading on: May 06, 2023, 01:16:28 PM
Probably I agree with the three ways you mentioned to maintain profitability in crypto trading. Decreasing waste and conducting market research are both important to ensure you don't miss out on any potential profits.

And of course, increasing your capital can help you buy more coins and maintain regular profits in the market.

So, I think it's also important to note that there are other factors that can affect profitability in crypto trading. For example, emotions can play a big role in decision making and can lead to impulsive trades that may not be profitable in the long run.

Important to have a solid trading plan and stick to it. Additionally, it's important to stay up to date on any news or announcements in the crypto world that could affect the market.
2  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What happens if binance and tether goes down on: April 30, 2023, 01:47:16 AM
I don't think it's necessarily the end of crypto if a centralized organization like Binance or Tether goes bankrupt. While these organizations do play a significant role in the crypto ecosystem, there are a lot of other factors that contribute to the success of cryptocurrency.

If you look at the history of crypto, it was initially created as a way to decentralize financial systems and remove the need for central authorities.

So, in theory, crypto should be able to survive without these centralized organizations. That being said, I do think it would have an impact on the overall crypto market if one of these organizations were to go bankrupt Grin. It could potentially cause a drop in prices or even a loss of confidence in the industry. But I don't think it would be the end of crypto altogether.

3  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorites altcoins these days? on: April 30, 2023, 01:39:52 AM
BNB and ETH are definitely solid choices, as they are both well established and have large followings. Because for the last 2 years I have invested in these two cryptos. Even though I took a short investment, at least I've tried these two cryptos.

As for the RNDR and ARB, I haven't tried them yet. I think they are a bit more niche and may not have the same mainstream adoption rates as BNB and ETH. However, I recommend keeping an eye on them as they have some interesting use cases. Especially now that the arbitrum chain is currently attracting many investors.
4  Economy / Trading Discussion / Re: Trading as wealth. on: April 30, 2023, 01:26:48 AM
In my opinion, you have made some great points about the potential benefits of cryptocurrency trading in today's global economy. I think, it's true that many successful individuals have amassed wealth through trading assets and investing in cryptocurrencies like Bitcoin, Ethereum, and others.

However, that it's important to keep in mind that trading and investing always come with risks, and it's essential for individuals to do their research and fully understand how the market works before diving in.

While cryptocurrency can certainly be a valuable addition to one's investment portfolio, it's crucial to approach it with caution and make informed decisions.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH vs BTC future growth potential on: April 30, 2023, 01:14:53 AM
Regarding the predictions for BTC's price, it's important to keep in mind that these are just estimates and not necessarily guaranteed to come true. However, I do think that there is some truth to the idea that BTC's price could see some significant growth in the future, especially if the traditional monetary system experiences a major downturn.

As for Ethereum, it's difficult to say exactly how high its price could go. While it doesn't necessarily rely on the loss of confidence in traditional currencies like BTC does, it still has the potential for growth as more and more people begin to see the value in decentralized technologies.

I would suggest keeping an eye on developments in the Ethereum community and the wider blockchain space to get a better sense of where its price might be headed.

In terms of the difference in growth potential between BTC and ETH, I think it's true that BTC has seen more explosive growth in the past, while ETH's growth has been more gradual.

However, this doesn't necessarily mean that one is a better investment than the other - it really depends on your individual investment goals and risk tolerance. If you're unsure of where to invest beyond BTC and ETH, you might consider looking into altcoin.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: The market will come back bigger again on: April 30, 2023, 01:06:42 AM
In my opinion, it's true that the stock market can be quite unpredictable and volatile, especially during times like these. But I agree with you that it's important to keep in mind that these situations tend to bounce back eventually.

I think the current situation is definitely causing a lot of uncertainty and anxiety, especially in the financial world. However, I do agree with the idea that this could be an opportunity to invest in the stock market. With prices dropping so low, it could potentially be a good time to buy and hold onto stocks for the long-term.

I also agree that the market tends to bounce back eventually, even after major crises. Of course, there are never any guarantees when it comes to investing, but it's important to keep a level head and consider all the possibilities.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: April 30, 2023, 12:58:34 AM
Everyone has their own reasons for buying altcoins, but I can understand where you're coming from. The potential for high pumping is definitely an attractive feature for many investors. However, it's also important to remember that there's a higher risk involved with altcoins compared to Bitcoin.

While some people may be motivated by the possibility of higher returns, others might be more cautious and stick to Bitcoin as their primary investment.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you still hunt for airdrops? on: April 30, 2023, 12:49:23 AM
I think it's crucial to be cautious when it comes to airdrops on YouTube because, as you mentioned, a lot of them are scams. If connecting your wallet to fake links can lead to losing your tokens, which is definitely something we don't want. So, I suggest reaching out to the project team or their official Telegram group to verify if they're running any airdrops or giveaways.

That way, you can be sure about the legitimacy of the campaign and protect your crypto assets. In conclusion, always be careful and verify the source before connecting your wallet to any airdrop.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: they change the way we handle money and own things ? on: April 30, 2023, 12:42:21 AM
I think that as DeFi applications and NFTs become more mainstream, DeFi have the potential to change the way  handle money and own things. Right now, it's true that they are being used primarily by a small group of people, but I believe that this will change as they become more accessible and user-friendly.

With DeFi applications, we are seeing a shift away from traditional financial systems and towards a more decentralized approach. This means that people can make transactions without the need for intermediaries like banks or financial institutions.

So, DeFi has the potential to make financial transactions faster, cheaper, and more secure. As more people begin to see the benefits of DeFi, I think you will see more widespread adoption of these applications.

For example, if you buy an NFT of a piece of digital art, you own the original, even if the image itself can be shared and viewed by others. With NFTs, people can own unique digital assets that cannot be replicated or duplicated.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Bounty really pay? on: April 30, 2023, 12:33:28 AM
In your case, not uncommon to hear about scams in the cryptocurrency world, especially when it comes to new projects. I think it's always a good idea to be cautious and do your own research before getting involved in any bounty campaigns.

That being said, there are legitimate bounties out there that do pay out to participants who complete bounty. It's all about doing your due diligence and being able to distinguish between the real opportunities and the scams.

For important, follow trust bounty manager. If you're unsure about a particular project or bounty campaign, I suggest looking into the team behind it, the project's goals, and any available reviews or feedback from the community.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Doge worth investing? on: April 30, 2023, 12:24:13 AM
I'm neither for nor against Dogecoin, as it depends on individual risk tolerance and investment strategies. I mean, it has shown some impressive growth in the past, reaching an all-time high of $0.70.

While many people believe it could go past $1 in the next bull run, it's essential to keep in mind that the cryptocurrency market is quite volatile and unpredictable.

If you're planning to invest at today's price of $0.10 and exit around $0.70, that would indeed result in a 7x return. However, I suggest doing thorough research and weighing the potential risks and rewards before making any investment decisions. And remember, diversifying your investments is always a good idea.
12  Economy / Trading Discussion / Re: Early Profit can be misleading. on: April 30, 2023, 12:15:24 AM
Newbie traders should focus on learning the ins and outs of trading rather than just chasing profits. I think it's crucial for them to understand the risks and complexities associated with trading before they set their sights on making money.

Sure, early profits might feel great, but they could also lead to overconfidence and a lack of preparedness for when the market takes a downturn.

I suggest that new traders concentrate on building a strong foundation of knowledge and skills, which will ultimately help them make more informed decisions and become better traders in the long run.

Losses can actually be valuable learning experiences if they encourage traders to analyze their mistakes and refine their strategies. Let's not overlook the importance of learning and growing as a trader, rather than just focusing on making profits.
13  Bitcoin / Mining speculation / Re: How Difficult is Finding a Nonce with Input starting with 56 Zeros... on: April 29, 2023, 01:45:48 AM
In my opinion, it's important to first understand how Bitcoin mining works and what role the hash plays in that process. You can see, miners trying to solve complex mathematical problems, and the first one to do so successfully gets to add a new block to the blockchain, earning themselves a reward in the form of new Bitcoins.

Hash you've mentioned with all those leading zeros, it's essentially a representation of the solution the miner has found. For now, as for whether a quantum computer was responsible for finding that hash, I would say it's not necessarily the case.

While it's true that quantum computers are expected to be much more powerful than traditional computers, and they could potentially solve these problems much faster, they're still in the early stages of development, and their practical use in mining is yet to be seen. So, as more miners join the network and the combined computational power increases, the difficulty is adjusted accordingly.
14  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: what are your takes that metamask will now collect ip address of user on: April 29, 2023, 01:26:43 AM
Don't worry about this (collect IP), that the decision of MetaMask to start collecting IP addresses of its users can be a double-edged sword. On one hand, it might help them enhance security and user experience, but on the other hand, it could potentially compromise the anonymity that many users value.

I mean, if privacy and anonymity are a top priority for you, then this new policy might make you reconsider using MetaMask. It's true that they mentioned using custom RPC would exempt you from this policy.  For alternative options like Trust Wallet or learning how to use custom RPC settings.
15  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ETH Faucets on: April 29, 2023, 01:08:04 AM
If you mean they are still active and giving away free ETH, yes, there are some of them still operating. But if what you mean is they are still a reliable source of income or a sustainable way to earn cryptocurrency, then I would say that they are not.

Example: ETH Faucets were popular a few years ago when the value of Ethereum was still relatively low, and people were looking for ways to earn cryptocurrency without investing money.

However, as ETH's popularity grew, so did the number of people looking to get it for free. This has led to the emergence of fraudulent faucets that promise free ETH but are never paid out. If you are serious about earning ETH, I recommend exploring other methods that offer a better return on investment. Don't waste your time brother.
16  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: usdt-trc20 wallet anonymus, without KYC. Possible ? on: April 29, 2023, 12:57:20 AM
Anonymous wallets are not regulated, which means that there is no guarantee that your funds will be secure. This mean, there is also a risk of scams and frauds associated with anonymous wallets.

If you still want to use an anonymous wallet, there are a few options available in the market. Since there is no KYC process involved, it's easier for scammers to create fake wallets and steal your funds. So, I think here is some wallet: Atomic Wallet, Trust Wallet, Math Wallet, BitKeep
, or etc.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are a joke. on: April 23, 2023, 05:32:20 AM
Unfortunately gas fees for Ethereum transactions can be very expensive these days, especially when you are transferring tokens. For me, it's frustrating to have to pay such high fees just to move my own money.

For your question about Metamask, I think there might be a way to lower fuel costs from within the wallet. When you press Submit, you will see an option to "Edit" which will allow you to manually adjust fuel prices and limits.

Lowering this value will reduce the fee you pay, but may also mean that your transaction takes longer to confirm. So, to deal with high gas costs, in my opinion, it doesn't help much by just editing gas costs.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of play to earn games on: April 23, 2023, 05:22:07 AM
I think play to earn as a model has failed, the high inflation rate of these tokens makes them bad for holders. look at Axie that pioneered this model, people were able to game the process. I believe the model of Microsoft and Sony will still stand the test of time, the reason being that the quality of games in the blockchain space is still  low, so for blockchain games to compete in the big league, they need to start to deliver quality games to the players, most people playing games to enjoy it and have fun and  do not care about tokens but the quality of the graphics and the storyline
Yeah, I totally agree with you. P2E model may have some potential, but it still has a long way to go before it can compete with traditional gaming companies like Sony and Microsoft.

I think the success of these blockchain games will depend on whether or not they can deliver high-quality games that players will actually enjoy playing. I also think that the inflation rate of these tokens is a big issue, and it may turn players away from these games in the long run.

So, while I do think that play to earn games may have a future, I don't see them taking over the gaming industry anytime soon.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New L1 and L2 chains launching in 2023 on: April 23, 2023, 05:14:48 AM
Shardeum seems to be a promising blockchain, allowing thousands of normal users to be validators and having sharding features. It's also backed by a big exchange, WazirX, which adds credibility to its project.

Q Blockchain seems to be a well-developed blockchain with EVM compatibility and a legal document called the "constitution" built into the protocol to protect users and enable root nodes to monitor and control validators.

I think the built-in synthetic assets like USD, stocks and Gold make Q Blockchain unique and interesting. It's great to know that you can get the aforementioned coins and Q before it lists on an exchange by performing simple bounty tasks on Zealy.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth could perform better due to deflationary on: April 23, 2023, 05:03:48 AM
Definitely possible that Ethereum could surge past Bitcoin, especially considering the drop in supply and it being less inflationary now.

But In 2023, it's difficult to say exactly what the market will look like at that point. However, based on current trends, it's likely that the cryptocurrency market will continue to grow and evolve. I may see the emergence of new technologies and platforms, as well as increased regulation from governments.

I think, it's always a bit unpredictable with these markets, but I think there's a chance that Ethereum could reach new all-time highs like you mentioned. So, you might not be wrong at all, but you know, only time will tell!
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