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Looks like SHIB is one of the most active in development even in this bear season thats why more people are speculating on it, I also bought some SHIB few months ago for long term HODL looks very promising meme with huge supporters.
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Throughout the years I have just been holding bitcoin and ethereum in a non-custodial wallet but now I have decided to diversify my portfolio.
There are a lot of potential altcoins out there and I have picked up a few. Storing altcoins on an exchange id obviously not the right thing to do.
While I know that hardware wallet would be the best place to store altcoins I want to know other options as well.
Thinking about long term perspective.
1. For now, I have been thinking to store them on a non-custodial wallet but then again which wallet should it be ? My choice would be Exodus but let me know which one is best.
2. Would it better to store different altcoins in different wallets or decrease the hassle of maintaining different wallets and settle down with just one with all the coins.
In my experience dude, I don't have a hardware wallet. The only wallet I've been using for several years since 2017 is the metamask wallet on my desktop. Until now, this is still what I use as long as the passwords are saved, and its private key is sure that it cannot be hacked. I also have other altcoins saved in the exchange on Binance, it's not that big, it's only about 10$-30$, and then it's just held there because I always use only Binance exchange to trade and convert profit to our fiat currency. The beauty of this Metamask wallet is that you can use it in different networks such as ERC20, BSC, and MATIC, which was the only address in 2017 that was only ERC20 but now it has been increased. I also don't see anything wrong if you put it in different wallets as long as it's safe to use a wallet like this Metamask. Unfortunately not all altcoins are supported by metamask like Cosmos you can create this wallet in metamask since this is not EVM compatible as it has different chain, I will go for a hardware wallet or trust wallet instead. |
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I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?
Welcome and recommend me please
If this coin is in top 100 cmc then this is not alarming at all this is normal in bear market wait for the cycle but if you are talking about shitcoin holdings with no active devs and no updates at all you have to worry about it, you may cut your losses or still hold and trust. |
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Doge and SHIB, I sold very early on Shib my $50 is worth millions today in my local currency if I hold it and sold at the top one of the biggest opportunity Ive missed, even some bounty tokens I earned like the last 2020 on YOUC , I got 144k reward and again sold too early.
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I'm not sure if the recent market performance has been overly positive, but looking at how the market reacts to the news, I don't feel like it's too much of an issue. Looking back at everything that's happened so far this year, prices have always dropped to lower levels and then rebounded, so this time around it's no different from that. I believe the market will be bearish in the short term at other levels.
Yes very unpredictable market as of the moment you can easily lost money if you have no plans at all some metrics says bullrun is starting again but who knows this is fake, be very careful always. |
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All Telegram trading channels give the same signal because they just copy and paste a signal. And sometimes the signals don't work properly. Then you are at a disadvantage if you are completely dependent on the signal. so in my Opinion you should Avoid using trading signal and learn yourself how to analyses crypto and how to understand trading chart.
There are some groups that are legit but you have to pay for a subscription fees yes some legit professional traders are offering this and you will not know if this is working until you joined and see the result, I tried this before but due to high monthly subscription I did not continue it, however you will learn some strategy and do it with yourself. |
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It's still not a good time to invest in altcoins, I think you should continue to stay away from altcoins and focus on bitcoin during this period. Currently, it seems like everyone is seeing a slight uptick in bitcoin prices lately, and everyone thinks that the market is on a roller coaster ride and that investors are starting to get back into investing again. But no, it's not that simple, be careful.
Why not? whats wrong with alts, the last bull market I profited most from my altcoins than bitcoin, you can only profit huge in btc if you have huge amount of capital since the price of btc is high compare to alts, what I can advice is select the best alts and hold for the next bull market. |
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Really cheap transaction fees that what Tron has to offer why would you abandon that coin? Personally I used it many times to withdraw stable coins without hurting my wallet from fees unlike eth before last bull run transaction fees are skyrocketing $100 transaction fees thats insane.
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I want to create a BSC address but i do not want to use trust wallet.
What are the options?
You can easily create in your desktop if you have, follow steps below, 1. Download and install metamask extension here: https://metamask.io/2. Once installed create new wallet and add a new network bsc network details on this link: https://chainlist.org/chain/56 3. Done. Save your private key or pass phrase in a secured location. |
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If bitcoin will fail in the near future then possible eth will take over but looks this not gonna happen btc has the most secured network in crypto, If I were to ask to choose on this two coins I still choose the king Bitcoin, no explanation.
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There are a lot of stablecoins and other assets in the Ethereum ecosystem. If there are failures in the Ethereum ecosystem after the start, then it can be stopped. Prices may fall down, and after the start, it is not known how many smart contracts that track the price of major assets will work.
This event can destroy a lot of Defi projects.
That's exactly why they have been delyaing it over and over again. I think (and hope) that the merge will only happen when the team is positive that its risk free, or atleast very low risk so its very likely that it will be pushed back even more and we won't see any merge until 2023. I agree they are slow because they want to launch without any problem, Ethereum core devs are working really hard to make sure the merge is ready and secured enough, Im sure they hired a lot of whitehat to penetrate the system to find bugs before going live VB is wealthy enough to pay people who has advance knowledge and skills, if anyone could break eth chain will be very popular in crypto world. |
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Bitcointalk was created by Satoshi Nakamoto, the founder of bitcoin. Bitcointalk is the first kind of such forums. Bitcointalk has most quality posts. The reason the traffic on Bitcointalk is 10 times more than any other crypto forum.
This forum is way popular than the other you mentioned, remember its Satoshi who started this forum and thats why many new crypto owners come into this site to announce their projects either for publicity or to attract investors even ETH has a topic here. |
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This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.
There are many reasons why projects are not in top marketcap even they are really good coins or has interesting usecase maybe lack of support from big companies like venture capitals or no marketing campaigns to attract more investors, I can see there are really good projects that deserve to be in top but lack of volume and popularity to investors is very low, one key to be a popular coin is to list on top exchanges like Binance thats why many projects are looking to list on this exchange to attract more investors and gain more volume and liquidity. |
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You can find NFTs everywhere now even popular athletes and actors are creating their own NFT, yeah I believe its not scam as others said but not worth to invest its really easy to create NFTs especially if you are popular and market it , some NFts minted are totally nonsense but sold very high price in value, I dont know why they are buying it or another manipulation by whales making hypes to have huge profits.
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How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?
Remember last March 2020 when btc crash to almost $3k and goes up really high last Nov 2021 up to $67k, Did you ever thought this recovery happened in just some months? This can happen again in bitcoin Im sure about this, but still no one knows when this will happen. |
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Yes of course why not? having a dex does not mean you need also a token its just an added feature on a dex to incentivize liquidity provider in this way they can earn this token from dex as a reward so that they can attract more lp providers, the problem with some dex without token is lack of liquidity so if you have enough money to provide a liquidity then you can create a dex with no token.
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I dont know if most of us here are still alive at 2050 lol, too many things might happened in this year already but if shib still exist at this year then for sure $5 is not impossible so better hodl some shib and pass it to our grandchildren who knows.
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This one is worth to try its a domain name airdrop like ethereum name service this time from EVMOS chain if you want just make a domain and wait for airdrop currently cost like 6 evmos or 12 usd on a 1 year domain registration, cost depends on expiry date preferred.
https://evmosnameservice.com/airdrop |
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People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
That's why DCA is the best strategy for now I think, since we don't know the bottom price it's better to do DCA little by little. I'm doing that with a little capital left from my exchange wallet since I don't have a lot of capital so I should have a target price before going in. Don't always think that our prediction is right but think that if we invest in this kind of thing we should ready to lose our money. Agree with you, like for example for others to understand especially newbies if you have 1000 usd allocated to buy crypto in this bear market best strategy is buy every week using only small portion of it like $50 to $100 or lower depends on your money, don't ever use all your money to buy at once you might end up buying at the top, Always do this dca strategy since we dont know the exact bottom yet for now as no indicators can correctly predict the bottom. |
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