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I would say only few of the coins that you have mentioned here is good for investing for long term. I am talking about Bitcoin, Ethereum, Cardano and probably Litecoin. The rest I wouldn't invest at all or hold them for long. Ripple is currently facing some legal issue. Not sure if those lawsuit has been settled or not. Binance network is a lot centralized and controlled by the largest exchange(though they keep on claiming that they are decentralized). DASH is somewhat dead I think (but the price keeps on going up..).
Anyway, you should state why you think those coins are good for investment. Just giving description of those coins isn't convincing enough.
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It's because some people aren't comfortable sharing their information with others. They don't know how their data will be handled. They have no clue if their data is going to be securely stored by the platforms they are using. They are scared that people might abuse their data. Even if I won't be doing anything illegal, I would not want to be sharing my IDs and personals documents with anyone. You do know that servers can be breached and your data can go into the wrong hands. You shouldn't be surprised if you see someone selling your data and ID on the blackmarket.
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They had to reimburse their users or they would have ended up losing their reputation. They would have lost most of their users. Offering reimbursement made current traders feel more safe. They now think if the exchange ever gets hacked, their funds will still be returned (i know... won't always happen. But this is what they believe now). Anyway, most of the well known exchanges would have reimbursed their users. All of them contingency reserve funds for situations like this. We have been hearing about hacks like this for years, yet people still store their coins in the exchange. |
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Not sure what you are saying over here. The poor people can't just "copy paste" what the rich people do and become rich like them. And no, they don't need a fund manager. A fund manager can't always beat the market. In fact, most of them are terrible at their job and only few succeeds. -snip-
So this one is suitable for ghetto people come together invest ur dope money in markets get few good traders and fund managers usually they have good inside info btw anyone who have learned about finances and corporate investment have some pretty decent inside info.
If u guys need more directions how to organize this proper way then ask.
Its time wake up and doing wealth without crime or working bs jobs such us construction or mc donalds.
Time imvest and manage ur wealth proper ways
No, investing your dope money in the market won't get you rich. You first need to clean yourself before you enter the market. Working at those "bs jobs" is what will help you gain capital to invest in the market. So don't quit that job. Keep working and invest when you can. Investment won't give you a steady flow on money. Risk is high. Flipping burgers on Mc Donald will give you steady flow of money. |
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Not sure if any of those AI blockchains still exists or not. But they were never a trend. At least I haven't heard of it. Not sure what do you mean by merging metaverse and AI blockchains. Could be possible. But for now, the most of the metaverse tokens are doing really well thanks to the new hype created by Meta (facebook). Not sure how long will this hype last, but does feel like its going to last for long. NFTs and metaverse tokens are going to make some people way too rich.
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Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$ if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH
There is no "good" time to invest in crypto currencies. Every moment is perfect opportunity to invest as long as you can afford to lose everything. And no, you shouldn't borrow money to invest in crypto currencies. The market is very volatile and unpredictable. You might end up losing everything and things will start getting even harder for you. The first rule of investing in crypto currencies is to make sure you can "afford" to lose your investment. Can you afford to lose borrowed money? Nope. |
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What most people learned from crypto trading is that they can't get rich over night by trading crypto currencies. They have to be very patient and they have to be prepared to face any unexpected loss. What's more important is that they eventually learn not to avoid impulsive trading that is they learn not to trade without forethought. They learn how to read the charts and how the market works. I find it weird how people are saying that they have learned how to manage their emotions (even anger...) through crypto trading..
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Aren't their already some blockchain based where you can earn by just playing? I don't think earning is going to be as easy as you think. If it's play to earn, I am pretty much sure those who "invest", will be earning the most. Or the more the people join, the less everyone will be earning. Or it is going to be some NFT thing, where users will receive drops and they can sell those. In that case, luck plays a vital roles and it's the early birds that will be earning the most.
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I have heard about this. They moved their coins to a Dex and then mixed it through a mixer service. More reason not to store your funds in any exchange. You never know when they might get hacked. No matter how much secure they claim to be, they are never secure enough. Hackers always finds a way to breach their security. I wonder how they managed to steal the private keys to their hot wallet... Maybe an inside job? But at least they are refunding all their users using their own funds.
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Since you only have a "small capital" then invest most of your money in bitcoin. Put rest on top altcoins like Ethereum, Solana and maybe ADA, Dot and Matic. Do your own research first before you invest in any of those coins. You will get some good profit in the long run. Just don't end up selling during a dip. And avoid all those shitcoins. The profits might be tempting for small capital, but highly likely you will lose everything.
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If no one has access to your private keys and wallet, then the coins will be dormant forever unless someone some how manage to get access to your coins. That's why it is important to have some sort of backup plan so that you can pass on your coins to someone else after your death. You just have to make sure the person you trust or "your plan" doesn't compromise the safety of your coins. You either die with your coins or you trust someone else with your private keys.
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Police arrested 11 people regarding: Money laundering Illegal Cross border Gambling Apparently A person was accused of running illegal Cross border Gambling ( Mr. Chau). The Gambling is illegal in China but legal in Macau. Mr Chau is the chairman of Suncity Group Holdings. He is also the founder of Suncity - Macau's biggest "junket operator", which organises trips to Asian casinos for wealthy gamblers.
Shares in Suncity Group were suspended from trading on the Hong Kong Stock Exchange on Monday. The company did not immediately respond to a request for comment from the BBC.
Some of the city's biggest operators were also affected, with MGM China down 10%, Wynn Macau losing 8% and Sands China more than 6% lower. It was all a part of cross border Gambling sindicate Where they had 12,000 gambling agents and 80,000 members all across China which goes to great lengths to show that even if the government bans such things at the end of the day people are gonna find a way and illegal activities are going to harm them more. What do you think ?. I think the Chinese authorities should change their ways for sure. https://www.google.com/amp/s/www.bbc.com/news/business-59456143.amp The Chinese authorities should change their ways of what? The group of people were running illegal casinos and were laundering money. What else do you expect the government to do other than arresting them? You want them to allow businesses to launch regulated crypto casinos? Well, that is one thing that I doubt will ever happen. The government seems to be against bitcoin and every private crypto currencies. The best they can do is launch their own state owned casino using their own crypto currency. |
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Sadly, it has always been the scammers playground. It's a decentralized market, so there is nothing much anyone can do other than just ignoring them. Yet, people still invest in those coins, even if they know its going to be a scam coin. They expect that they will be able to exit the market early and take the profits before the developers scam them. And this is how they encourage more scammers to come up with those scam coins. But this doesn't mean all altcoins are scam coins. There are (few) altcoins are has very good use cases and are being well developed.
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Read about those exchange first. See if people left any negative review about the exchange like funds getting locked or stuck. And then use those exchange (still doesn't mean they won't scam you). Once you make the trade, don't leave your coins in those exchange (you shouldn't be leaving your funds in any exchange by the way. Big or small). This was even if the exchange gets hacked, your funds will be with. Not sure about the other two exchanges, but you will find Mana in almost all top exchanges.
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How are people accumulating more bitcoin other than buying it with fiat?
I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?
The only way to "accumulate" bitcoin is by buying, earning or mining it. This is what those youtube videos probably meant. The risk with day trading is high, hence they didn't recommend you to do it. Don't go around "accumulating" free coins. You will probably end up collecting dusts. Would be a waste of time. You would rather want to do something more productive that will help you accumulate more bitcoin (like selling your skills for bitcoin). |
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One of the most trending meme coin #Shiba Inu and Doge coin competitor has closed 4 day candle stick on Red now...the downward trend even looks more terrifying.
What's going on, any expert Technical Analyst on this one? Please, I would like to hear our opinions on this one.
It got pumped and the price went up too fast. Now the correction phase is taking place. You should have already expected it. Do you see anything new that this token offers that no other coin/token does? Nope, I don't. The same thing happened to doge coin. The price went up till $0.7 and then it crashed because the hype was over. People FOMO in meme coins. The price of Shiba won't go very low though because it already has a huge community support. |
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Not really. Most of the coins that are "very down" are the shitcoins. A coin that has good reputation and is well developed won't go crashing crazy. Only shit coins that gets pumped and then pumped are the ones that will very highly likely never go back again. Never heard of any of the coins you have mentioned over here. Very likely they are not a good coin to invest if they have already crashed a lot. Better to sell it and cut your losses short and reinvest in other top coins.
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Once again India plans of banning all private cryptocurrencies through the bill that is into discussion on the winter session. The bill is called the Cryptocurrency and the Regulation of Official Cryptocurrency Bill 2021. Lawmakers have been into deep discussion about the regulation of cryptocurrencies. In recent days there is massive rise in the user profiles and transactions on exchanges. It is the middle class that hasn't invested on stocks or other assets have begun to start trading. This is the fear of the government, because it is the majority group of the country. Anyhow once after the winter session on parliament we'll get a clear stand of the government on cryptocurrency usage. Source : India plans law that will prohibit ‘all private cryptocurrencies’Once again? They still haven't done it yet? I thought they already did it few weeks ago. What's with them and "we gonna ban all crypto currencies right now"? Why is the government fearing for those people that are investing and trading crypto currencies? Is it because they think their people are going to lose everything or fall for a scam? Then instead of banning crypto currencies, they can actually teach them about crypto currencies. They can warn them about the risk and then let the people decide what they want to do. It's not that hard.. |
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At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
No one can answer this question for you. You should know better than anyone else if now is the right time for you to invest in bitcoin. You know your financial situation, so you decide. Can you afford to lose all your money? Then just invest. Now is the perfect time. The price took a dip. Take the advantage of this dip and invest as much as you can. Keep holding until your reach your profit goal. Maybe a year or two? Don't wait or you might end up regretting like rest of those that never invested in bitcoin when it was cheap. |
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How to invest correctly when everything is pumping? I think it's best to focus on promising startups and coins at a time like this. Now I'm interested in projects related to blockchain security (CheckDot) and game tokens (Genopets). What strategy do you follow?
Just invest what you can afford to lose. If you are planning to make long term investment, then it doesn't matter when you actually invest. You just take profits when you reach your profit goal. If you are planning on making short term investment, then don't invest during a bull run. You might end up losing a lot. The risk is high. And oh, avoid projects like the one you mentioned. I have seen a lot of people shilling for them. They sound like a scam now. |
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