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1  Alternate cryptocurrencies / Altcoin Discussion / Re: newbie invest on: July 01, 2022, 11:10:59 PM
The most correct choice is to do some kind of staking and liquid pools so as not to miscalculate, you can use some kind of staking aggregators like AnalytEx, there are many projects on which you can stake and you can immediately see APY. So, as an option, doing it in such a market will be better than investing in unfamiliar projects.
There are several platforms where you can stake. Aside from what you've mentioned, depending on the choice of altcoin you want to stake. And it's true that there so much projects just like in mycointainer.com. It has a lot of coins and tokens in support and they're showing how much the reward fee they have and as well as the APY that you'll be receiving upon staking your coin there. For the other options you want, there are more on: www.stakingrewards.com.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Uncertainty in the NFT market on: June 30, 2022, 11:49:21 PM
Welcome!
There's uncertainty in the whole crypto market right now and it always goes like this whenever we see the market plunges a lot. But the uncertainty is more in the NFT world because most projects there have been riding the hype for the entire crypto market.
If you think that you can't bear the risk that it has then don't invest yet. But if you believe on the NFT project that you're looking out, invest only what you can afford to lose.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WHY is Terra pumping ? on: June 30, 2022, 10:49:46 PM
This is just a classic pump and dump. Don't get in because you'll never know if you can get out. Just like the usual warning from the investors and traders quote.
Quote
Do not catch the falling knives.

It's the common mistake of investors that fail. They're usually carried by those who are hyping the coin though it already lost its potential and reputation. We shouldn't trust the small pump and dump of a weak coin especially those who have negative trust issues. It's better to take risks from high reputable coins.
It's better to avoid them. You don't wanna play your money with them especially to this coin, Terra and USTC and new ones that has been made for it. There's already the problem that has been made with it and you don't need any confirmation just for you to invest. That's all about your decision and better not invest on them anymore. If it has a stain on its reputation, the best thing to do is to avoid it and never trade or invest on it or even think that holding will you save and someday they'll pump, don't think about it.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON Breaks the 100 Million Users Mark !!! on: June 29, 2022, 10:30:59 PM
I don't like Tron but congratulations to them. If this is a milestone that they want to celebrate, we'll cut no fun for them.

though that 100M users may not be all active, but still a milestone for Tron. i have nothing against this network because honestly, if you want cheap transaction fees like USDT, you will choose Tron network. a lot of projects may still be using tron network but yes, some of them may have added or switched to new ones like SOL or MATIC. anyway, let us see if the tron team can sustain this momentum and compete with new networks.
Yeah, cheap USDT transactions is one of the best thing on them and that's why despite many don't like them. They're usable and an alternative to save fees.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WHY is Terra pumping ? on: June 29, 2022, 04:22:54 PM
This is just a classic pump and dump. Don't get in because you'll never know if you can get out. Just like the usual warning from the investors and traders quote.
Quote
Do not catch the falling knives.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Does staking even make any sense on: June 29, 2022, 02:39:44 PM
Exactly. Staking is more suitable for whales who have a lot of money to waste. But it's not for the average Joe like you and me. If you have the capital to stake long-term I'd say go for it. Unlike banks, PoS coins give higher returns per year. That entirely depends on the stake rates and current market price of the coin you're investing into.
I agree that the most that will benefit in staking are those with larger funds. But this doesn't mean that it's only limited to them, if you've got spare altcoins that can be staked and you'll just hold it, then it's better to stake it into a platform whom you trust. So while you hold it, you'll be adding quantity on it by just holding it as you stake rather than holding it alone.

Now all the markets falls. Stock market falls, the shares of IT project falls, gold falls too.
And where to invest money in such difficult financial situation?  Huh
Of course bitcoin should be the first on the list. But if you're keen into staking, there are too many platforms out there to choose from. I've actually made a suggestion about it for example, you want to stake ETH.

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial and to know more about them
9. Cream Finance - custodial
10. Blox Staking - decentralized
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin the only option left on: June 28, 2022, 09:33:38 PM
It's true that it's the best option but to say that it's the only option left, I think it's debatable. Although I don't want to argue with any of them as I'm a bullish person on bitcoin and had some few alts on hold. But with all of my hopes are already on bet for bitcoin and I just did some fun diversification with some altcoins. No need to argue about its security as it's truly secured while some PoW altcoins are transitioning into being a PoS, bitcoin remains at best for being PoW.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: is using 2fa safe in every way on: June 28, 2022, 08:40:47 PM
The same thing happened to me once but I sense I revealed my private key somehow, also the name of the wallet is coinomi, I later learnt that this wallet isn't as secure as trust wallet and other popular crypto wallet in the space, try using more popular crypto wallet and stay away from free offers or airdrops.
If I'm to choose between coinomi and trust wallet, I'll use both of them but will use most of the time Trust wallet. Also, the amount that I'll be putting there won't be that much because that's my first rule when it's about these wallets.
How can sort of revealed your private key somewhere? It's your practice that you've shown your private key to anyone and that shouldn't be done by yours.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: June 28, 2022, 12:22:35 PM
Should newbies invest in new projects in the oversaturated market that is in shamble with the bearish trend, you mean? No, absolutely not in this kind of bearish market. The only thing you should do in this time as newbies is try to learn more about the market.
I agree, most newbies are being misled to invest into new projects because they think that they can avoid the effect of the bear market. But they're missing the whole point of the bear market. If it's about the entry, this isn't all about the new projects but all about those great projects that are currently cheap and are having a price decrease due to the market's cycle.

If you have to invest, do with the BTC only when it dips enough to your liking.
They will miss the chance if they don't look at bitcoin as their main prospect to buy for this bear market.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Where should I invest money? on: June 27, 2022, 09:34:20 AM
I read a lot and actively participate in discussions in various chats and forums, and Iíll say right here one correct option, staking for a good APY, and in order to make it easier to search, I use the AnalytEx landing aggregator, itís very convenient, but as an option you can find another , everyone chooses to their liking, I personally use it because everything is very simple and you can immediately see APY with which you can stake quite easily and profitably, and I started using after their news how much you can earn per day from $1000, I was surprised )
For staking, there are a lot of platforms where you can do that. I haven't seen that analytex on stakingrewards.com, it's a list for various staking platforms. It includes the top 10 providers for ETH, to name a few which has binance, mycointainer, ankr, bloxstaking, kraken.
It also describes whether it's custodial or noncustodial and as well as centralized or decentralized.
11  Economy / Exchanges / Re: Binance Expands Crypto Adoption on: June 27, 2022, 04:19:29 AM
My binance account was asked again for a "new customer kyc". Despite being verified already, they've implemented that to my account and I think it was just for the status of being "verified plus" and as well as being eligible for the binance card.
I think it's a good development and they really are trying to cover the whole thing and it's exciting to see where they're heading this way. But this is also going to give hot eyes to the regulators.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Sweatcoins will be launching this summer...Is it worth it? on: June 27, 2022, 02:39:19 AM
AFAIK, Sweatcoin isn't really a new token. I think they were already there for the past years and became popular once but after that, they didn't materialized with their popularity. Not until the coins like stepn came that has the same algorithm as them about walking.
I would like to earn while getting some pounds off of me but whether they're going to be worth it to take or not as an incentive, we should really have that routine of getting healthy through any means like walking.
13  Economy / Speculation / Re: Are you ready to see Bitcoin at $10 000? on: June 25, 2022, 09:58:27 PM
I don't want to think that $10k would be the bottom but if it's based on historical data and facts of the percentage during the lowest, then we just have to prepare whether it happens or not. There's also the sense that it's totally different this time because no one anticipated that the all time high was $69k before the bull run happens. And when it did, our expectations became that much that the last cycle will make bitcoin $100k before it plummets. So, I'm thinking of the same thing that we're expecting something low as that but it may not happen, hopefully not.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Stake platforms for BNB on: June 25, 2022, 08:36:10 PM
It's 3% in 21 days. Still a lot for staking.
Hmm, that's quite high just for 21 days but if it's the amount that it shows for staking it, then that's considerably a steal for you. I was just checking some rates and apy from mycointainer and I think it's justifiable as to why Binance got that high percentage and as well as I've checked also some other platforms like Abra but it has a lower apy and only a few supported cryptos and bnb not yet there from their pool for staking. You've got various choices for each platform so take your time and DYOR for you to have that confidence where you'll delegate or stake it.
15  Bitcoin / Bitcoin Discussion / Re: Age of bitcoiners on: June 24, 2022, 09:18:24 PM
at the age of more than 45, I think many of them seem to want to develop assets that they already have. by choosing cryptocurrencies and they use cold money, most of them are more prepared to deal with crypto volatility than people aged 20-30 years. I think psychology is the main obstacle for young people, because they are developing assets, and not infrequently they use money from anywhere to multiply their assets.
Most likely, they've got tons of cash that they can invest or they're cash broke but with hefty investments. For the younger ones, it's all about fear. They want to be assured of something that they want to invest but honestly, they're the best shape to take risks because they can just take it again with higher chance of success unlike the older ones.

In my experience the age group form 20-40 is also way more in the mood to show off and talk about their investments, since many of them are actively investing or searching for something to invest in that moment. If you are 45 or older you have already chosen on what to invest and only put in a percentage of your income in that asset. For many people this is not as exiting anymore and just party of daily business, so they are not really talking that much about it anymore.
Based on stats, that's much likely it is but still can't ignore the fact that many of the older ones are still unsure of which path to go because not all of them are open for investments.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Next ALT season year ? on: June 24, 2022, 07:47:19 PM
Next halving bitcoin s the best answer.
This is right and most likely when it'll happen. We're talking about the season is here and we're done with the bull run and the bear market is in. Of all of those, we've got the best so far but if we'll relate it to every bull and bear run. It's likely that the best bull run is going to replace and will be better than this one. And as you ask about the altcoin season, what do we usually see before it? A bitcoin push and pump, so should you be seeing the sign, make sure that you still got bitcoin with you.
17  Bitcoin / Bitcoin Discussion / Re: Age of bitcoiners on: June 23, 2022, 11:52:04 PM
I rarely meet investors at an already respectful age - more than 45. I think that people at this age either no longer think about such investments, or I just donít know such investments.
You probably just haven't met one. But in real life, I've met usually from 20-40 and a few from 45 and above when I've attended those gatherings that are related to cryptocurrencies. At that age, they should be more into investments and mostly, they're still a working class that has a lot of it expanded and scattered in many investments which includes bitcoin.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Stake platforms for BNB on: June 23, 2022, 10:56:25 PM
You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.

Thanks!
You're welcome. In times like this, we have to do something to save our finances. And we're trying to find out what are the good ways of generating passive incomes with our holdings. But, if you don't have that much, it's still ok because it still earns a little and that's better than completely having no income at all.

I've checked on binance stake, the 21 days is 52.34%, is this real?
AFAIK, it's quite high and usually those APY means that it's the rate for the entire year. And if it's just 21 days, you still need to compute that based on how much it will project for 21 days resulting to 52.34% per year if that's what you've seen.
19  Economy / Economics / Re: Do not panic. Everything will get better on: June 22, 2022, 11:39:24 PM
I think the best option for non-traders in this market is to accumulate POS cryptos with high APY staking rewards (like NEAR and ICP) during this bear market. When the bull market resumes, you will have an extra 20% of crypto you can sell.
Not that the best option but that's a good idea. And what you must put into the best option is to buy bitcoin. So, if you've got bitcoin and you did that as the first choice and step. Then you go ahead with that idea as the next choice that you might do.
It's a brilliant idea to have all of it but nothing beats the strategy of owning bitcoin first and more of it than any other altcoins. Although I'm keen with those two that you've mentioned and I guess that you've been doing that.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Stake platforms for BNB on: June 22, 2022, 10:47:05 PM
I've posted about staking in some other thread. It's not just for Ethereum but also some of them have BNB.

Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment
If you're for Ethereum, stakingrewards.com suggests top 10 staking providers.

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial
9. Cream Finance - custodial
10. Blox Staking - decentralized

You should understand that if you're fine for holding it, you should just hold it. But if you're also trying to make out from it while holding it, you can stake it but make sure that you choose the right platform and understand what custodial and non custodial means and as well as centralized and decentralized. Based on the info from the website, all of those altcoins that you've mentioned are supported in ANKR and MyCointainer.

Still, it all comes with the idea of DYOR for all the platforms that you may meet for your staking needs.
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