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Ethereum is here to stay for the next five years, no doubt. ADA and DOT are some very good projects which are being actively developed. So very likely both will prosper in the future. Not sure about LUNA, THETA or AVAX. Don't know much about them. I know LUNA is somewhat related/associated with stable coins. So it is a bit more risky to invest in Luna. Why not add bitcoin to your portfolio? Bitcoin will give you more profit within next 5 years without having to worry much about it.
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Shibswap is a part of the Shiba Inu ecosystem. It's their native decentralized exchange. Not some random exchange that is using the name of Shiba. Only one or two of those Shiba coins will survive, while the rest will end up dying once the meme hype is over. Just look at the trade volume of the most of the coins you have mentioned. They have almost none. They aren't even listed on any exchange. They can only be traded on Dex. Most of them has no liquidity and others are easily manipulated by the developers. Avoid all those coins.
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear  True. You don't have to keep on holding forever. If you feel like selling and taking the profit, then sell. If you have decided to hold for a year, then hold for a year and then sell. If you invested in a coin that you are seeing isn't doing well, or probably is a shitcoin, then just sell it and invest in a better coin. If you see another coin that has better potential to go up, then sell the current coin you are holding and buy the one that you think will outperform the one you were holding. Don't miss opportunities when you find one. Just don't sell good coins for some shitcoins that you think "might" go x100 overnight. |
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Today I found an interesting post on /r/Cryptocurrency about an artist who had to shut down his online gallery, because people keep stealing his works and turning them into NFTs - here's the original post. NFT technology is legitimately useless, all it does is creating a unique token on blockchain that has zero meaningful connection with the thing it's supposed to represent. When you NFT is an url that points to a centralized site, it's really no different than buying a star or moon land from some scam company. The artist said that NFT hosting sites refused to cooperate and remove the stolen art, but even if they were doing their job, it would still mean that the whole system is centralized and pointless. Deluded NFT fans like to say that NFT gives people the ability to "truly" own something, but in reality NFT owners own absolutely nothing and are at mercy of NFT hosting sites. NFTs were said to help support the artists, but here we see how they did the opposite and forced an artist to close their gallery and reducing their chances of selling their art or getting commissions. The artists who are profiting from NFTs the most are the big names like Grimes who are already rich. I always knew something like this would happen and there is right now no way to stop people from stealing from others and making it into an NFT and claim it as their own. This is sad. But I am sure eventually there will be some sort of validation check that will somehow be able to able to find out if the NFT has been made by the original owner or not. At least deviant art is warning their users if people are stealing their artwork and selling it as their own. I wonder how many stolen NFTs are out there in the market. |
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What is better to pour your assets into in a possible bear market? Is it better to keep them in stableconies or not leave the market and pour funds into more stablecoins?
Personally, I prefer not to leave the market, but to transfer assets from tokens to tokens. Think that blockchain projects and their tokens will be the best for this, since as the market grows, all money begins to go from the risky to more risky and liquid projects / tokens. Therefore, they must return in the opposite order. But you also need to take into account the prospects of the project itself, because if it does not have development, then money will not be poured into it either in a bull market or in a bear market. At the moment, for example, I am shielding a good idea to pour my funds into tokens young blockchains such as Near Protocol, Solana, Avalanche. Because they have perspectives and good technology and users who support them at all times.
It totally depends on what you want. During a bear market, if you think the price will dip even further, then you can convert your coins to a stable coin and then buy back more coins when the price dips further. This way, you will be able to maximize your profit. But the risk is high and you have to time the market right. It might happen that the price doesn't dip any further and starts going back up. You still keep holding stable coins hoping it will fall, but that never happens. Or just keep holding them. No need to convert them to stable coins. When the price dips, if you have more cash lying around, then invest more and keep holding. The risk is low and in the long run, you make good profit. |
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Hello Everybody can we expect Bull market in January 2022, Can bitcoin create his ATH in 2022.
You are asking questions that no one can answer. A bull run might or might not happen. If someone says that it will happen, that guy is just bullshitting. If people knew when the next bull run would happen, they would be easily manipulating the market. So instead of worrying about next bull run and the new ATH, if you can invest, then just invest and keep holding. Once the bull run happens and you reach your goal, then take your profit and repeat. |
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None of the coins that you have mentioned over there will go 100x in 2022. Look at the market cap of those coins. If they go 100x most of them will end up taking over bitcoin. That is not going to happen. Not anytime soon. Or maybe never. Some of the coins do have a huge potential of going up like ADA and MANA. MANA might rise depending on the hype of metaverse. If facebook launches their metaverse game globally, I am pretty much sure all metaverse tokens will start to soar (don't take this as a financial advice). But it looks like you are here trying to promote the first coin that you have mentioned. Instead of shilling like this, its better to explain why you think that token is better than others.
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Yep, we can see that. Almost every Christmas Eve, the price was higher when compared to previous year's Christmas eve. Just zoom out the charts and you will see how much the price has went up. It is not only just during Christmas. All people got to do is keep holding until they reach their profit goal. In the long run, the price will go up. The more the people use and the higher the price will go. Keep holding until it becomes a mainstream currency. You will enjoy the profit and you don't really have to worry about the volatility anymore. The way the price is going up right now, we may be near ATH level within next year.
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2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but
1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality
2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly
3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt
Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe
1. You wouldn't have lost anything if you hadn't sold your coins. You only lose when you sell. If you had kept holding your coins till $100k, you would likely be sitting at $60,000 profit. 2. The market can never be predicted. And most of those youtubers are used for shilling for shitcoins. And most of them spills out gibbrish. 3.That's the worst advice. You don't follow your heart when it comes to investment. You do your own analysis and think logically before making any move. |
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Nope. No matter what, you shouldn't borrow money from anyone to invest in crypto currencies. Even if you are confident that you will be making profit, you still shouldn't do that. The risks still exists. What if it doesn't goes like you planned? You will lose all the money and things will become even harder for you than it was before. You will have to worry about how you would be able to pay back the money you owe. Don't forget, the first rule of investing in crypto currency is to invest only what you can afford to lose. You can't afford to lose money that you have borrowed.
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Elektra supermarket in Mexico recently started accepting Bitcoin payments and is encouraging their clients to do so, as they offer a 20% discount when paying with it (until end of the year). Here's the promo banner (in Spanish): -snip- Now people in Mexico are able to buy groceries, and retail in general using Bitcoin directly. An interesting thing to consider is that the parent company, Grupo Elektra, has operations in these countries: Mexico, US, Guatemala, Honduras, Peru, Panama, and El Salvador. source: https://en.wikipedia.org/wiki/Grupo_ElektraThat means that they already accept Bitcoin directly from at least 2 countries: Mexico, and El Salvador. Some of the other countries in that list could potentially be the next one. Good initiative by them. They are aware that bitcoin has a huge potential to attract more users eventually. Giving a huge 20% discount on top of that means that they are actually serious about accepting bitcoin and wants more user to use it. I am sure more online stores and shops will eventually follow the same step. How are their customers able to pay in Bitcoin? Is there a local wallet app in the country that is popular that could be used for the grocery transactions between customers and the store? I am asking because if transactions are all done on-chain, I might end up paying a bigger amount for fees than the groceries I'm buying. I might end up paying more for my transaction to be confirmed than the packs of coffee I'm buying. Or are they possibly making use of lightning network?
They can use their own wallet. The fees right now is very reasonable and not that high at all. It would be totally worth it for them to pay the fees since they will be getting a huge 20% off. Would be an issue when the network gets congested, yeah. But I guess they will be adding more currencies soon. |
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I doubt it's a legal tender in that country because currently only one country (as far as I know) in the whole world has made bitcoin a legal tender. It was El Salvador, few months ago. And yes, they are allowed to do such kind of promotion. The country hasn't banned or made bitcoin or any other crypto currencies illegal. It doesn't have to be a legal tender for someone to legally accept bitcoin. Any merchants can accept bitcoin if they want as long as it is legal in their country. On other hand, if it was a legal tender, they have no choice but to accept bitcoins if their customers pay in bitcoin. |
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Good afternoon!
Today I was fortunate enough to receive the biggest prize of my life.
With a bet of 300 Dogoins, I won 496,500 Dogoins.
This is x1655 of the bet amount. It's just incredible, I still can't get away from the received free spins. Played in the provider of booming games, slot - Book of Tombs.
I immediately decided to publicize my winnings, since this casino is new, and I am not sure of their honesty to the end.
Therefore, I will inform about all events here.
Now I have 550,000 dogcoins on my account, and the withdrawal limit in this casino per day is 15,000 doge coins, 75,000 per week, and 300,000 per month, it will take me almost 2 months to withdraw all this, the main thing is to be able to control myself.
I hope all will be ok
-snip-
So you are just making the thread over here to make sure the casino doesn't scam you and gives you your money? Never heard of this casino. The name itself is very weird. Did you win using free spins? Because if that is the case, high chance you might not be eligible for withdrawing your winnings. You might be able to partially withdraw some. Make sure you read their terms. Those free spin terms and conditions are usually very strict. |
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Wouldnt it be great for the holdlers if you could earn interest on your bitcoin and not give up your keys? So ive heard of this new thing from some other guy
called Atomic finance that just does exactly that. Sounds interesting. The way crypto is always evolving i bet its just a matter of time before we can safetly earn interest on bitcoin but i am no expert on this. Does anyone here know of any upcoming projects like atomic finance that are doing exactly that?
I don't think this is actually possible without losing access to your coins or your keys. Sure you can earn interest on bitcoin without giving up your keys. You just have to send your bitcoins to the receiving person and hope that he returns it to you with profit. You still have your keys with you, but not your bitcoin. Didn't hear anything about Atomic Finance. How are they going to let you earn interest in bitcoin without them holding your coins or you giving away your coins? |
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As the year 2021 is coming to an end what is the future for the new rave of the moment NFTs which seems to have taken over the cryptocurrency market in 2021 as the new year 2022 is coming and a lot of projects coming up what do we expect to see in the coming year will NFTs continue to drive or a new wave is coming?
No one knows what is going to happen, but I doubt NFTs are going anywhere soon. With metaverse being a hype and trend, NFT is also getting a boost since NFTs are also now a part of metaverse. And I also remember reading somewhere that Instagram will be allowing users to buy NFTs through their platform or something like that. So yep, we will be seeing more of metaverse and NFTs in 2022. |
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I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
Can you afford to lose more? Then sure. Continue your trading. Use your previous experience to trade better. Learn from the mistakes you have made. If you keep on making loss, then you are repeating the same mistake. Try to figure out want went wrong. You will eventually understand everything and get better. Giving up won't get you anywhere. On other hand, if you can't afford to lose anymore, then forget about trading. Its risky. Better to save more and then get back to trading. |
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Came by this post on Twitter by the so claimed shiba founder.
-snip-
I dont know if i should laugh or to cry...
I am not sure why you are making it a huge deal (like rest of the users here). It's the Shiba founder. Of course he is going to promote his own coin first. And at least he mentioned bitcoin is also good for holding. He never called bitcoin an altcoin. It like me saying "I have invested most of my money in Ethereum and rest in other coins like Bitcoin and LTC". Does that mean I am calling bitcoin an altcoin? Nope. |
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As far as i know Facebooks metaverse is on beta stage and are gradually inviting people to start playing and testing the metaverse. So yeah, it does exist. And blockchain based metaverse games existed for years. It is only because of the current hype created due to facebook, those metaverse tokens are rising so much. So you are correct here. It is just because of the trend the price of the tokens have gone so high (and people are buying lands and stuffs like crazy). And they are all almost the same. Sandbox games where people can build or do whatever they want.
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Nothing new. Of course a lot of people have tried and will try to claim that they are Satoshi Nakamoto. Imagine the fame they will have if they somehow manages to trick people into thinking that he/she is Satoshi. And he will be able to cause some impact on the market. But people aren't dumb. No one is going to believe some random guy who claims that he is Satoshi unless he is able to provide some solid prove (sign a message?) that he really is Satoshi. Just google it and you will find a list of Faketoshis.
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You are right. Spreading and sharing knowledge about blockchain and crypto currencies is one of the best way to help others and the crypto community. The more people know about crypto currencies and how it works, the more they will want to use crypto currencies. This will cause bitcoin and other crypto currencies to eventually become a mainstream currency. But people should also be careful about what they learn and from where. Unfortunately the internet is filled with misleading information and articles that spreads FUDs. People should always verify the claims and do their own research after reading from one single source.
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