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Alternate cryptocurrencies / Altcoin Discussion / Re: Be a wise investor
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on: December 01, 2021, 03:51:44 PM
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Gluttony is one of the traits of psychologists that we must understand in trading. Because I very often see people doing crazy things because they want to get rich right away. Yes, but I don't blame them entirely. Here, there are several seminars from ponzi projects that make them interested when they do not learn about the project. In the end they will regret just seeing the loss of all the assets they invested.
Those scammers are really good in terms of planning ahead to how to scam people, they are showing alluring offers and make the people believe that they are doing the right thing. Sad true that there are investors who thinks that this venue of investment can make them rich in a short period of time. A very common mistake with a lot of people who are lazy not to do their homework before investing inside this market.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects?
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on: December 01, 2021, 03:18:14 PM
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As for me, I have no doubts that Animal Concerts is a great project. Do you know about their concept? these guys are trying to bring entertainment back into our lives with NFTs and Metaverses. I respect them.
I like new things so it makes me curious to follow it. the more crypto creations, the better for crypto development in the long term, we deserve to be grateful for the many NFT projects that create high trust from investors, this will certainly make crypto grow. On the good side yes it will bring more interest and add more investors who will participate in investing to this business. But on the other side, a lots of scammers will also follow and allure investors to scam and runaway, it's important to learn how to sort things out. New project is like something that you need to weight and balance, carefully analyze to support the right one that will compensate your invested money.
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3
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Economy / Trading Discussion / Re: Basic trading strategy for newbie to make a profit
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on: November 30, 2021, 04:31:27 PM
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Moreover, it doesn’t just end there, you should also try to explore other things that there are, search for other channels and also do for research online for articles that are focused on teaching newbies how to thread cryptocurrency. All is going to take his time, and you shouldn’t stop learning and seeking for knowledge, as time goes on you will discover that you have become very perfect in trading cryptocurrency.
Learning crypto trading tutorials is now much easier because many references are easy to understand for novice traders, but in practice you should try trading to test that your knowledge in crypto can work with good emotional control, I was actively involved in trading contests that were tested on the project new exchange and can be useful for beginners to test their analytical knowledge in trading, lucky if can win to increase trading balance. Trying to gain more experience allows you to perform all this information that you gain from your references, it's true that there are many available places to learn this business, but the actual practice will determine if you are capable of surviving the industry, the up and down is very tough, learning is a tough challenge but once you overcome the benefits are really high.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin investment
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on: November 30, 2021, 03:57:46 PM
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I have some capital and I will like to know the right token to investment in. Am new to NFTs and will love to get your opinion on which NFT to buy for a short term base.
You can visit Binance exchange and NFT ranking on OpenSea https://opensea.io/rankingsI can't recommend you any NFT, because I don't know what kind of NFT you want, if you want to buy NFT connected to Metaverse, you can buy MANA NFT and The SANDBOX, but all choices are yours because every investment has its own profit and loss Good point all choices depends to him, after he deals with his research he can choose what kind of NFT to invest, it's better to understand the concept and all the potentials before you put your money into any project you desire to participate. All opinions and recommendations are possible or potential assets but the final decision will depend on how you understand the project.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do we see 5k Eth price by end of the month
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on: November 30, 2021, 11:07:48 AM
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For me, what I am looking forward is the reduction of gas fees under eth network. When are we going to finally see cheaper fees? Because with this bottleneck, many new networks are addressing this long running problem of eth, and they are now doing good in terms of adoption like BSC, SOL or DOT. Though we know ETH dev team is working but it has been so long that we are requesting the reduction of these gas fees. So this 5k is very possible to happen, maybe when eth team decide to finally resolve this gas fee problem.
This can only happen in 2 ways. One, the network scales, which is slowly happening already, and 2.0 will clear that. That is just all about a waiting game. Two, the network loses popularity and users,,, which is not happening despite some moving to BSC and others, they never abandon Ethereum as it still has the best projects (NFT or Defi even). In other words, we have nothing to do but be patient  The last remarks that you said, long-term investors know that they are just continuing to being patient. They understand that everything will be taken care; they wait before and they will continue to deal with that. You need to remember before investing you need to have a good faith in those projects that you will going to buy and hold. $5K is almost there, one more strong bull and it will happen.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain?
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on: November 30, 2021, 10:39:08 AM
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Finally, I found a topic where I can vent my anger. The cost of fees on the network is simply not adequate, even if it takes from 6 to 12 dollars to carry out an Ethereum transaction - this is still a lot, but bearable. But if we are talking about transferring tokens to ERC-20, the fees are 40-70 dollars, I'm sorry, but this is not normal. This is the height of stupidity... Obviously, now a huge number of users and developers have moved to BSC. I understand them and sincerely hope that in the next couple of months I will be able to completely end my relationship with the Ethereum network. For me, Ethereum is a turned page of history, the speed of transactions and transaction fees are no longer a competitor, and this was the most important thing in this network.
And the problem with that most of those small time traders only have small amount of investment, paying $40-$70 is already a pain in the ass. I see your point and if there's nothing that ERC network will improve its expected to see more transfer from that chain to BSC or other networks that can provide the service with a much lower transaction fee.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does matic (polygon) worth to invest?
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on: November 29, 2021, 04:55:03 PM
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Currently, Matic has provided a real movement and there are even several projects that have used the Matic network for exchange, while currently matic is a substitute for ETH in carrying out several transactions at low fees. I think matic can also be used for long-term investment than choosing dogecoin for investment. Matic is safer
I agree with you here, I myself am drowning for this project. Indeed, they have realized payments for gas with minimal prices, and the Ethereum network is actually not so interesting with its huge amounts of gas. I think this project has a huge future. If they can maintain having lesser fee, even the value of this coin rise up, we notice that ETH got a high fees and now BSC also having some increase due to congestions, if matic team got the solution about this issue more and more end users will support and bring their investment to this coin. The target venue of collecting developers to use this chain are not far, it's a good system that has better competition with other chains.
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Economy / Economics / Re: Are we in a bear trap?
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on: November 29, 2021, 04:20:17 AM
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Yes, I clearly remember as if it were yesterday, however there is an explanation for it, as I understand the market has to fulfill two phases, the Accumulation phase and the Distribution Phase, in 2017-2018 the accumulation phase occurred from the year 2014 to 2017, then the bullish trend emerged, and from there came everything that has to do with the Distribution stage, which is when the whales or the rich decide to start selling, and this is the distribution that consists of the expensive sale of shares or in this case BTC to those who do not know anything about the market, because many bought at $ 20k when they thought it would go up to $ 50k, and this is explained very well by Wyckoff's theory, which was what helped me the most to understand it everything.
You need to have deeper understanding in order to decide and invest appropriately, it's not just buy the hypes and sell when downfall takes place, you are wasting not only your money but most of your time. Knowing the grounds is important inside this industry, bear and bull need to be reviewed very well before concluding or deciding your side. Assess and observe every information that you gathered. Not everything is for real. Most are just for hypes or to drag down the market know to balance your decision making.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Great coins to invest in?
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on: November 29, 2021, 04:02:12 AM
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...
Is there anyone to help me? 1. Which are worth it 2. Is it possible to make a long-term investment?
Thank you
Your bottom 3 picks are recommendable but other than that, those are pure speculative assets. Nonetheless, you can check good metaverse projects here https://www.coincarp.com/category/metaverse/ ehich is worth the invest compare to memecoins you have there. DeFi projects are also good to have one specially that we are now in a dip. And I don't think we need to pick like those number of coins for investment. Having 3-5 coins or depending on the budget is enough. Well, those coins are not good for me, but at least those 3 that you have mentioned can be but I doubted the long-term goal. For me, I'd rather choose old coins that have been proven already, I can get assurance than these new coins. But anyway, we have different choices and we pick those coins that we feel it could give us ROI either be a long-term or short-term investment. We have differences in terms of picking our investment, as long as we do our own research, it's good enough to wait after buying, or if you have other plans with your assets. Your knowledge will guide you to pick the right coin to invest your money, both short and long term have their qualifications. You need to assess and make sure that you deeply analyze before you start investing.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does matic (polygon) worth to invest?
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on: November 29, 2021, 03:30:18 AM
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The coin has brought good returns to investors lately. In investments, in general, caution is very important. I think in the long run it is a good altcoin. The developers of the platform are experienced people and the network will develop further.
Development is very important even the team is taking it much longer as long as they are bringing what the promise they provided the future of the project is really promising. It's a good project indeed so quite but for those who support this coin from the early stage and believe that the coin will continue to progress. They are now enjoying what they are witnessing, the coin is now competing with good asset and now being treated as good investment.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which Meme Coin Will Survive Long
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on: November 29, 2021, 02:49:45 AM
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Now a day hundreds of meme coins launching with too much supply and no use case so what do you think about meme coins and will some meme coins survive long or they will all runaway ?
I think only the Doge and the SHIB will survive.  I agree, Dogecoin has been existing since 2013 and has been sitting dormant, and no it didn't die, it just stayed stagnant for a while until Musk decided to promote it, SHIB is still young but not as old as Doge, amongst all of the memecoins mentioned, all I see are these 2, other memecoins may die but memecoins will keep on being generated the same way memes are generated everyday and how memes die after a few weeks. This is how memecoins will work from now on. Pure hypes and nothing to expect but a pump and dump industry, meme will keeps popping and it depends with investors if they will continue buying. We can't remove that fact, investors who love taking the risk still looking for this kind of project in hope that they will gain big compensation once they hit the jackpot and invest with new memes that are hyping, people like this are everywhere so with those scam developers, they are co-existing and finding the best way to earn.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run?
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on: November 28, 2021, 06:51:14 PM
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I think that in the context of this event, we can talk not only about the level of advertising, but also about the level of reliability of the project, which developers are not afraid to declare. Moreover, this is also confirmed by the whole crypto community in the face of the trust of the organizers of the event.
The promotional event and project presentation are only to introduce the project to the public so that it can create cooperation partners if there are companies that are interested in the new project concept, but for now everything must be clarified at the beginning because there are many projects that break their promises when they are successful or at the end of the day when it's going well The importance of doing your own research and make sure that you understand the full concept of the project, You will not just hoping for the hype but you are waiting for the developments, from that point of view even influncers will not move you in deciding your investment participations.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects?
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on: November 28, 2021, 05:43:27 PM
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To make our money grow maximally then investing in new projects is the right thing, to invest in new projects of course I will investigate in detail, I will look for an assessment from a third site, if it is registered on coiningecko or coinmarketcap then I am more confident so I will invest in the new project.
Doing the right thing for your investment is very important, DYOR as always. Sorting all available new project and review every information before you participate will avoid you to lose your money, there are many available prospect project but only few are for real, you need to use your time and effortly investigate every project you think that will give you good potential to earn decently.
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14
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Economy / Economics / Re: Will we see new ATH this year?
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on: November 28, 2021, 05:15:15 PM
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Anything is possible and 2021 isn't done yet. We're still more than a month to go before the New Year. However, there are no promises or guarantees that we would see a new all-time high of BTC. We haven't touched $70k yet as of the moment, but from my perspective I can see that there's a good chance. Originally I want to see BTC reaching $100k before the year ends. Nothing is impossible, but don't expect too much for it to happen.
This statement is waiting for the whole world, many even Wall Street analysts say that BTC can reach $ 100k this year and more, some say it can reach $ 150k, but considering how the world and the BTC market is, this can become a double-edged sword, since everyone expects that amount, but if the opposite happens? The BTC market tends to do the opposite of what everyone thinks many times, and this is something that can happen, so there is no complete statement that is 100% assured, in my case I would stay still and do hodl, for me it is the safest strategy that I can apply. Very important to have your goal, set your expectation to the point that you are willing to wait.. The current market still experinecing correction, topping to $70K within a month is not hard to accomplish is that somehow, investors needs to patinetly wait and not to be drag by the pressure of the bear market. Needed a lot of research if you are in plan to invest your money, this fall may be a good position to take but not an assurance that it will not fall for more.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects?
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on: November 27, 2021, 01:26:09 AM
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I never invest like this project because it could be lost my money. But you can profit from like a promising project called CheckDot. Otherwise, You can also lose your money. So, read more articles about CheckDot and analysis more as you can. I think, If there sponsers are solid, then you can invest.
investing in new projects does have the potential to lose your money, because of this, don't invest easily in new projects. do research and deepening about the project, because if you succeed in determining a new project that has an extraordinary concept and prospect, there is a possibility that you can multiply the funds you put into it. Anyway, another thing, I checked on CheckDot, and this coin is still listed on pancakeswap. however, the prospects regarding the project are not that great, and I only see that in people's posts. I think advertising like that is less attractive to people. Go deep inside the project, knowing what are the future offer and how the team behind will be able bring thing into reality, investing with new project is a high-risk investment. There's no assurance that investor will come around and support the project. It's important to deal with your good research and make sure that you use only the amount that you are willing to let go. If you are ready to fail before things happened, you're mentality of waiting is more deeper, good enough in waiting for either your investment succeed or you failed and need to move forward.
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Economy / Economics / Re: Will we see new ATH this year?
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on: November 26, 2021, 09:14:54 PM
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Personally I will not surprise to see the New ATH within this year. We are already staying at the last quarter of this year and we have already seen so many times new ATH and broke all the records so far. So it is now common to break the previous one and draw a new one to make new records which can be considered as New ATH. Any news can be influential, who knows which will gonna work? So, I am still hopeful to see another ATH.
We are going to the last month of the year, a new ATH is always possible though the price movement now since not bullish anymore. however, if it will change and the bull run starts again, 1 month is more than enough to break a new ATH and could potentially make bitcoin reach a new milestone of success with the price of $100k, it's always possible but my point of view is I would give 20% of that happening. Will need to have flowing money to acheived that amount, but with one month breaking the last time high is still possible, there's no accurate prediction but by experienced, the chance of making things to happen is still considerable, buy if you still got good amount of spare, just hold till you reach your target value. that's the wise way of investing to this market.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin investment
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on: November 26, 2021, 08:37:13 PM
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That's a mistake made by your friend.
Why would he buy an NFT without doing any research about it? He should've done better for himself and didn't just bought without knowing what's with the NFT he bought.
Sorry for your friend but that's a lesson to be learned.
Lesson from a tough, experienced, investing without doing further research most of the time ends up like this, if you wanted to invest, you need to spare more time in studying the business, sorry for that person he can no longer turned back the time but he can use that mistake to avoid losing more money when investing, if he choose to continue, he should take deeper investigation before throwing his money.
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Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin
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on: November 26, 2021, 08:01:05 PM
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They don't want to study first for fear of missing out on opportunities, even though there will always be opportunities every day. They just want to get rich quick by doing what rich people do from investing in bitcoin without learning it first. how blockchain, bitcoin and cryptocurrency work they don't know and maybe they don't want to know.
Yes, they do not have the right attitude to the standards of an investor, despite the label of outside investor, deep inside they are a lot of tatters about knowledge and market information and when we deal with the problem in such a careless way, fate is destined for failed experiences. But fortunately the newcomers have a limited amount of money, although there are relatively high investments, they do not make up the majority, so early failure makes them early to acquire standard knowledge, those who get lucky too soon only make it easier for them to deal with their arrogance and stupidity Blessing in disguise when they experienced failure and they eagerly desire to learn more. they will invest back but more careful not to repeat the same mistake again, this kind of attitude mostly common with newbies who really wanted to succeed from this business, instead of throwing the opportunities, they will find better ways to enjoy it and take every possible ways to keep enhancing their knowledge.
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Economy / Economics / Re: What's the best advice?
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on: November 21, 2021, 07:09:41 PM
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I think children must be aware of education and serious about their studies. When they learn education at well also they have gain moral education that is very important for children to become a good person. To lead a good life and have to cope with the world they must focus on education. When they are grown up and they can do some physical work for their pocket money and then slowly work on the other side. If any person loves to do gaming obviously we should have to support our child, But focusing on earning on games in little age might not be good for them. This is only my personal opinion Only.
I have the same opinion about kids being serious about their education but, that won't limit them to play games. Maybe every weekend, it's fine to allow them to play games and if these games are good as giving some profits. It should be the responsibility of the parents of letting them know that they're also earning once they play. Give them some words that the money that they'll earn through it is good for saving for their education and still, they need to focus their studies. It's parents' responsibilities, not just because those kids are getting decent cash while playing means that parents should allow them to use most of their time. Remember that those kids will grow and if they will think that it's easy to make money while playing games, they will not think about their education, a kind of mindsets that us parents don't want to see from our kids, let them enjoy but not to the point that they will entrust their fate to this activity.
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