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Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi hype the same as ICO hype in 2017?
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on: August 30, 2020, 03:23:05 PM
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DeFi and ICO have similarities in getting investors, they open bounties on bitcointalk, with all the same procedures. So what's the difference? Nothing.
Don't be fooled by a new project that seems very big and promises big profits, DeFi is indeed a new breakthrough in the crypto sphere, I hope he doesn't take advantage of the situation to profit himself.
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23
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can new crypto beat Eth in the market?
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on: August 28, 2020, 11:03:35 PM
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There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?
Everything is possible, indeed currently ETH is always in position 2 CMC but we don't know 3/4 years what will happen, it could be XRP, XMR, LTC or others who are in position 2 CMC. While ETH Dev continues to innovate it is not impossible to remain in position 2. |
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24
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Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto passive income - a bubble?
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on: August 28, 2020, 10:42:06 PM
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I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
No matter how many coins are in circulation, I still believe in bitcoin, because we have all become living witnesses of its power. But there is one more unique Proof-Of-Person Blockchain, the name is IDENA. This is a new project where we are required to validate that we are Human if we want to join the validation ceremony. Mining on the average laptop and it's great to be a part of that community. |
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25
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can Crypto be more valuable than gold?
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on: August 28, 2020, 09:35:53 PM
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I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
Of course crypto has more value than gold, because gold cannot be sent online and it is very risky, not to mention the security system, everything is much safer and more efficient if we use crypto. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: XRP got 30 new WHALES!!!
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on: August 28, 2020, 08:47:21 PM
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despite getting 30 new whales, I think XRP is still unable to prove that XRP can go to $ 1 again,
because many investors also quit XRP, how? do you think XRP can go to $ 1 again?
We require a lot more of whales to pump this coin since it has fallen a lot from the top and to being much in the upwards movement as such. So little push will help all the investors who had being holding from the highs and will be able to recover some of the loses in this coin. Also, current price is approx. 0.27 and crossing even 0.5$ will be a big thing. That's a good analysis, we have to go through several stages for the XRP price to reach $1. And I think it's hard because now it's DeFi fever where all the investors are focused on there, I hope it's only temporary and everything returns to normal. |
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27
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Alternate cryptocurrencies / Altcoin Discussion / Re: Don't invest for quick gains only
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on: August 28, 2020, 07:50:41 PM
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We are all in for the gamble. investment and opportunities are similar. in as much as know that the crypto market is feel with quick scams, it is a call for everyone to gamble wisely. i do advise newbies to stay away from Defi exchanges like Uniswap. lot of investors has lost their funds on this exchange due to quick scams and it will not stop just like the other exchange platform.
Its really now it seems to be a gamble .Who are new on crypto didn't understand which project will be better, that's why it will be better to stay away from early gamble on this platform .I am still researching the projects which are really have a future . I think so too. The stupidest thing that can be is to run to buy similar coins just because now there is a trend of Defi projects. we already saw this at the beginning of 2018, when everyone wanted to invest in ICO DeFi / ICO is actually the same, nothing has changed significantly, starting from what they make all look the same, only the outer shell is different. And indeed DeFi is booming lately, but I don't really follow it, please correct me if it's wrong. |
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28
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does bounty still kind of worth on 2020?
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on: August 28, 2020, 11:15:39 AM
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Yes, it is! But you have to work hard, participate in many various campaigns. I give you a good example! Today I checked my ETH wallets and I found out that one of the past campaigns - Jarvis send me 5000 tokens. Now I look and the value is after months of waiting around 1000 dollars!  You're a lucky person because many of my friends didn't get anything from the bounty. I myself have long stopped in the world of bounties and started to be active again this month because I saw a very good project, and I'm sure this project will be success. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to escape loss as an altcoin trader
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on: August 26, 2020, 02:16:12 PM
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Why not do it this way ?
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.
Coin stable / FIAT is not a good choice if you want to become a trader, because what will you get with a stable asset? better find the top 10 cryptos and invest there. What do you think everyone ? is there a better pattern that can be practiced?
Patterns are always changing, there are no definite standards. You just need practice and practice to understand. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still sleeping?
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on: August 25, 2020, 04:18:25 PM
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I'm always awake, and always on top of crypto news. It's great if you're going to ride the crypto train this year because there's going to be a lot going on and that's definitely good news. Expand your assets in crypto and you will enjoy the profits later.
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Alternate cryptocurrencies / Altcoin Discussion / Re: No exchange? No Value!
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on: August 25, 2020, 03:07:28 PM
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Your words are correct if there is no market then the value of the coin is empty, but I don't agree because we need to know the reason why the coin is missing from the market. If the developer and the coin team are still active in developing their coin, then hodl it until it is listed again in another market.
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Alternate cryptocurrencies / Altcoin Discussion / Re: What is your Biggest Crypto Regret?
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on: August 22, 2020, 10:11:26 AM
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My regret is that when the Minexcoin project was still very popular, I got some MNX coins, and the price was very good but unfortunately, I didn't sell it, maybe only 20% of what I had. And after a long time, the value of MNX has fallen and fallen, if at that time I sold everything maybe I could get more BTC.
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