I don't think it's just a bad stake for Muslims. But there are some teachings that say that investing in crypto is something that Muslims should avoid. The proceeds from investments in crypto are not halal.
This has a point. If the reason is like this, I think it's understandable and debatable but to say that it's bad because of the reasons of what OP has answered. I think it's far from the understanding to think that staking isn't for Muslims. Taking things into account, certain believes are really existing and without deeper knowledge with how the system works may appear that it's really against from how they percepts things out , but in general it's the interpretations of every individuals that matters, let those people decide from how they will take this call. |
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Both options should be used to store asset values, and of course if storing asset values in Virtual currency goes up and down simultaneously, that's why I am trying to suggest that Ethereum is a good choice as a savings for storing asset values. this is according to my version
It will only be useful if Ethereum continues to go up and will never go down, but it would be a different story if the decline that occurs in Ethereum tokens will also cause the asset's value to decrease, in contrast to storage in stable tokens where the decline in the value of one's assets will not be that far from the basic amount. You both pointing out your reasons and both valid in a different point of views, but the question goes to stable coin and that refer to asset which is not moving whatever the market go, USDT still functioning as one of the top while BUSD also gathering decent interest from the investors and traders due to the owner/developer of this asset. |
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The price of ADA today is $1.14 and its all time high was $1.48 so I think we're very near to the price of $2 and if the good news continues to come with ADA, then we can expect that price to reach before the year end. So far, there's no good news yet with ADA but I'm holding this token with a good ratio in my portfolio because I see great potential with ADA, time will come and we will see its new ATH, and my prediction is $3.
ADA has done its best so far, it has even formed an ATH of $ 1.48 - Mar 18, 2021, which proves that ADA is still trying to get up and achieve the best even though it may not have been maximally done. but there is still quite a long time available this year, so if the ADA management wants to improve its performance it is not impossible that it will achieve more than your colleagues' predictions. looking at the ADA vs BTC chart, actually ADA is better and still can survive not to no drop drastically. Everything will relied with how acceptance will happen, if there are contiue support that ADA recieve Expect that this coin will bring more positive profits to all supporters and investors, so far from how this coin perform since last year, this coin jumped huge and early holders really benefits a lots coming from this project. Hold if you have good amount of investment ADA's development still ongoing and have much better future ahead to offer. |
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Many Altcoins are worth buying, i suggest check the market list and history if the coins have potential to increase in the future. In cryptocurrency you need to have guts to invest and also to research more and more, so you have more idea what is coming in the few months or year. Some Altcoins have project and also list in the market I suggest you invest them or buy token in their project.
Research is very important plus your willingness to take the risk after you study the project, there are many projects which still good for investing. Look around and sort every potential project which still not moving that much, project that have good backup and still moving according to their roadmap. Start with top 50 coins then sort it one by one before taking your call investing your money. |
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I was very surprised at the start of Covid that the price of bitcoin was completely destroyed and made people don't want to jump into Bitcoin again but now the boom in bitcoin prices has jumped so high ahahaha
Before Covid the price already rising since halving was expected, it's just temporary been pause or some just step out and think first for their securities before investing back, we do see now that there are a lots of new investors who rides in and bring this new high. While we were talking about the price going up to $50k, the price already set a new ATH at a price over $60k in just one month. And it was really great to see. In this covid-19 period, this boom could be one of the best things for people who have had Bitcoin.  With the demands of online transactions, Covid did bring more people around this market there's no looking back now. |
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Another question to be thrown now is " Will bitcoin can reach back to 60k this week?"
we have fell down since week ago and there is no sign of breaking the top again, I was hoping of another ATH at least before the first quarter of 2021 ends?
practicality wise to happen because 75,000$ is on the corner.
That place is very possible, with how Bitcoin supporters keep holding and not to let the downfall to go that deep. Currently it's moving up a little it's really nice to see that even there's some corrections it manage to keep this level and not to allow to fall that hard. More or less we only have one more month before the first quarter still strong after this huge jump up. |
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Maybe the highest can only be $0.1 but it won't go as high as $0.5 or $1. With a huge supply, that makes it hard to even reach those prices that I've mentioned.
The price that we can see right now is $0.06 and likely that it will so happen to have a correction.
but depends on coinmarketcap the ATH of tron is about $0.3 and its occurred in jan 05, 2018 about 3 years ago so, i believe this coin will be more than the $0.3 but not more than $0.4 mate wich mean trx price will create new ATH my friend Not with the CMC but from the investors and supporters, still far from the last time high and for those who are aiming to invest with this coin, even it's already been pumped there's still a lots of room to see good value in the nearest future, TRX still have something to provide, just do your research as always if you are also trying to ride with this project. |
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60K or 50K?
Currently as of this writing then we are still below $60k but not really that below since we are still on 54k point which a bit lower compared a day ago where the price was 57k which means we are having some small correction which we can presume that this is a normal market cycle which selling points would be always there to those people who do want to sell out but asking if getting back to 60k this week then we cant really tell on we would really be breaking out that tough resistance but lets hope that we would be doing it this time. It's been another week and the price still playing around hitting $60K didn't happened and currently according to CMC the value still residing @ $54,510.33, yes much lower than few days ago. maybe those who bought earlier got bored and instead of waiting for another $60k+, they just simply sell it up and now risnsing again and collecting those available cheap coins.  |
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Nowadays when BTC price reached ATH $60 000 and stabilized on $54 000-56 000 the idea to take a loan and to by 1/3 of BTC seems to me not so bad. Especially because I’ve read some predictions that BTC price can easily reach $100 000 till the end of this spring or somewhere at the beginning of the June and the one of the reason that can stimulate such growth is the third-round of stimulus checks to taxpayers.
If those stimulus checks will invested to this asset for sure there's a huge impact that will take place, and following that, there are also lots of institutional investors who showed interest, it's very possible to see the growth and reaching $100K or more than that is no longer a far to happen. Make sure that any action that you''ll take always accompanied by your dedications and right mindsets to succeed. |
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It cannot be mined and the developer holds a lot of supply. I think that's the reason it's called centralized.
The BSC referred to in this case is the blockchain and not any token. It is considered by many people as centralized since there are only 21 validators compared to the thousands of nodes on the Ethereum chain. Less nodes means more control. More control means more centralized. Giving that fact, those nodes holders can control most of the movements of this chain, I follow you with your statement. It's assumed centralized as control are being dictated by few. It is centralized, that's why I don't really see it could compete against ETH although ETH platforms now charge a huge transaction fee. People transfer to BSC due to its lower fee but when ETH could sort and run the ETH 2.0 successfully, people will start coming back.
For now, Yes it's been use as alternative since ETH gas fee really taking small investor's down. Traders who can't afford to pay the transaction fees will find and willing to use alternative to continue doing business. |
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But i just create wallet for doge coin Should i buy coin now?  Definitely. Buy doge, lose money, and then come and cry that crypto is a scam. Man, it's up to you. DOGE bag holders will say "buy buy buy", but a rational person will say "are you f-ing kidding me?" Straight forward! But that's reality, invest only if you are willing to take the risk, the hypes around this market can easily emptied your pocket, once you decide to buy certain project you must understand that there are always other side of from your expectations. Buy now if nd only if you are done with your homework, anticipating what would might the next market movement is very useful, though with your first step, always back it up with good understanding. |
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The reason why am not able to buy or invest in any project that is trading on uniswap only, it is ridiculous how people sing praises of the is exchange with high gas fees, it doesn't make sense why a dex should have such high fees, am not a fan, not now not never  This affected so many investors trying to buy coin during the Defi hype period, that's why most of the project falls in to bsc smart chain for an easy charge, ethereum blockchain is demanding huge charge for a transaction this time, $15 which is equivalent to what some low dude can't afford. But most of those traders and investors who ride with DeFi hypes do have enough money, I'm talking about those who took advantage of the hypes, even they are paying huge amount for the transaction fees it's been covered since they are really investing huge amount and expecting high returned profits, it's vety unlikely with small players, the fee itself already sucked the initial investment so it rather not to participate. |
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I just have realized that stop loss order have a significant influence on massive price decrease.
Well, that is true and that is one of the reasons behind those red wicks down that you often see on trading pairs, that and someone selling in large are responsible for huge decrease in price whether it's just temporary or it's going to continue bringing the price down. Market makers often even count for stop-losses when they're going to decide when and how much the price should go down or even up, since many people these days use bots for trading which automatically places stop-orders when picks up a trade, it happens often that market makers push the price down just merely to make those bots trigger to sell so that they buy in those low ranges with their open orders. Reality happened, those manipulators bring the value down placing those traders who uses bot to lose their money, a lots of traders suffered from this kind of actions but it's really tough to predict how dip the price will go down as not even a good signal indicators can accurately detect the actual value when the market are bot hyping and falling, most of the time, traders are being forced to setup stop and loss only to find out that the bounce will happen after triggering your position. |
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I don't think it's over because the market stabilised lately and we don't see big falls after that %40 around correction.
When more accumulation happens we will see next step forward. Patience is the key my friend.
Not all the time there could be rise, there will be fall as well just like how it has happened in previous years. So saying bull run over is not the right thing and now when the big players have got involved so the rise has just begun in the price. We will see it growing multiple times from here in coming years and accumulation would be key at any falls. There's always a certain time for each market to move, corrections take place and investors are always need to choice sides, if you are good in understanding the flow, there's a higher chance for you to compensate yourself. Concluding that the Bull is already ends up will always depends from how the market dictates. |
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Take a big lesson from your mistake, take advice from the experienced ones here and buy the right coins for a long term hold. Maximize your investment and take profit at the right time and invest in projects that are very reliable. The lesson here mainly is situated on investing on the right coins which wouldn't fail while holding them for 1-5 years minimum. The veterans here have made the same mistake as you and every novice as well. You can follow top traders giving signals on Twitter as well. You're likely going to gain profit at the long run.
Learn things the hardway, It's really useful to keep following and reading what those experienced traders are sharing, but never to rely your investment to them, they understand the flow and they are capable of doing what is best to their investment when time is not favoring them, the very probme which is really hard to avoid when you are still new to the business. |
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Bitcoin is not yet done so I think if you choose the bitcoin you still earn profit.
Bitcoin still moving forward, for best outcome, having good amount invested to Bitcoin still prfoitable. But in my opinion I think it is really good if you invest and do not sell your altcoins because for me the altcoins will gives more profit than the bitcoin.
In terms of numbers of folds, Alts that have good functions still have a huge chance to grow more. Can difinitely brings much bigger profits. Because the times of possible to be highest is times 2, of the current price but the times of possible for the altcoins to increase is more than 2x if that is potential coin like the ethereum , ripple and bnb.
That's what I'm saying, most of the times, Alts that really breakout brings a huge amount of profits to all it's early investors. |
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I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.
What you think this coming month (March) will bring?
March has already passed and I would not say that this month was bad for the cryptocurrency. Bitcoin rose above $ 60,000 a week ago and is now at around $ 59,000. It is quite possible that at the end of the month we may see another wave of its price growth. Last year, March was bad for prices in the cryptocurrency market because it was then that the spread of the coronavirus was officially announced. There is no such negative information so far this year. The third wave of the spread of the coronavirus has begun, but Bitcoin will not be scared by this anymore. Seems that Bitcoin already manage to keep it's strong ground, $43K not sure if I remember it right but after that, it's again moving amazingly, more investors are now eyeing to invest and hold aiming for much better value in the long run, almost only two weeks left and still that those memories of the past Bitcoin movement each March is no longer in the piture. |
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Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin? I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
only solid and reliable altcoins project will create new ATH in this bullish trends my friend because this bull run is not same like the past, wich mean not all altcoins will growing buddy and i believe altseason already running now Considering those new projects and those thousands of alt coins inside the market, logic dictates that only those solid and reliable projects are capable of gaining the attentions of the investors. For now, there are many old and new projects that already pumped some already exceed from the last time high. |
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I think this is open for interpretation. Firstly, it depends on what you consider core to your beliefs and the bit about lending may not be strictly taken by many of your bros. On top of that, while you do get a yield from staking, is not a payment for a lending and that is something that is not well understood:
You are right, this is really an open interpretations and for sure there are always two sides of understanding, we can't force anyone from thier views about this matter. Staking means that you are providing a counterpart to a possible malicious attack on a network by making economic stake on the truthfulness of the node's computation and transactions veracity. This is NOT lending, this is providing a service consisting of ensuring the safety of a network and you get paid for it.
A different thing is to consider it a bad or a good business.
This is a good explanation especially to those who wanted to understand more deeper in terms of staking, you are providing service to the entire chain, you are not just letting your money to work for you and collect your profits but you are also helping the entire system to make sure that the flow is smoothly moving accordingly. |
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