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1101  Economy / Trading Discussion / Re: Trading is hard!!! on: December 11, 2023, 01:52:06 PM
Trading is as easy as we think in reality trading is not that easy.
Many think that trading is easy because people who have been showing it to them make it look like it's an easy thing to do. But if you go over and do it on your own, you'll just cry about your losses and will say it loud that it's actually hard.

Trading is definitely not easy mostly for those with less knowledge about It
I think that even when you're knowledgeable about it, there goes the theoretical way of learning how to trade and the difference of doing the actuality of it. When it's about the actuality, many seems to fail even if they perform well and think that they can do it while learning it.
1102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to collect altcoins now or later? on: December 11, 2023, 01:07:40 PM
No matter what with these altcoins pumping as much as they can, it should be recommended at all times to buy bitcoin. When people don't realize the power of stability of Bitcoin as the leader of this market. You don't have to be worried about the entire market because it moves the whole of it.
Whilst for these altcoins, yes they may pump as high as they can but you'll never know how it will be. So, if you're going to collect altcoins, do not hesitate to have Bitcoin first so that you're doing the right thing and then next is altcoins that you like.
general rule of thumb would be to invest 70% into bitcoin and then the remaining to the altcoin for the sake of getting best of both worlds but i'm sure some people just like to go all in.
I still see a lot of people go all in in altcoins. Well, that's their decision and strategy and they're the captain of their own portfolios. Because if we're going to analyze the history, it's always someone who has Bitcoin on his portfolio has himself balance whatever happens to the market. A pump goes for Bitcoin, he'd be on it, alts pump then he's still on it because he's got some alts. No problem if they're going to all in with altcoins as long as the money they are investing is theirs.
1103  Economy / Economics / Re: I need financial advice for my careless uncle. on: December 11, 2023, 11:36:37 AM
Your uncle is old enough to mend his activities and change his lifestyle. A simple word of telling him that we're no longer young and we're not getting any younger would be sufficient for him to think of the important things in the remainder of his life. We're not that young anymore to do stuff but if he's got this reason about YOLOing then let him do his own thing and let him wake up one morning to realize what he has been doing instead of saving for the rainy days. I know that we're here to enjoy life but too much of everything isn't good.
1104  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto exchange HTX sees outflows top $258M following exploit on: December 11, 2023, 10:22:31 AM
Much better.
People are learning from past experiences and also the alarm that's been seen with the exploit that has happened to them. Whether we like it or not, and how many times we keep on reminding them to not make these exchanges be a storage of their assets. Still, with these outflows, we see that there are still a lot of people that are keeping their holdings on them. They're not going to move it unless some big bad news of exploits and bankrupts come. If they're not following the news around then for sure that they'd keep most of their assets there until an announcement of possible no refund policy can happen.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is effecting Market? on: December 11, 2023, 09:07:53 AM
Of course Bitcoin affects the market as a whole, but I do not think that the effect is always so large.
There are times that we see Bitcoin doesn't mostly affect the market but as a whole if that's what we're discussing, its affection for the entire market is large. You see that whenever a dip happens for Bitcoin, the majority of the altcoin dumps too. And that's a huge sign that Bitcoin certainly is affecting the market largely because if we're not going to notice that, we're missing the whole thing about bitcoin's supremacy that is obviously seen on this market.
1106  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance Coin losing its Value, What will happen to Public Funds on: December 10, 2023, 10:17:12 PM
BNB token is the most undervalued project among the top 10 projects, the value it accrues to itself is more than Ethereum, it is an exchange tokens, you use it to participate in Launchpool and Launchpad, it gives you discount when you use it to pay for trading fees, it is used for gas fees on Binance chain, burning mechanism quarterly and there are some that I missed, and you think the price will not rebound and catch up, $1000 per token is coming soon, just a matter of time
Yeah, it's still undervalued and I have seen  some motivation because I have missed a lot of run for the altcoins that I didn't choose. But that's okay because there is no coming back and I might get on hold to my BNB and add some more before it fluctuates positively.
For now, too many issues with CZ/Binance and that's why it's still inline with the movement because of whatever bad news is with CZ, it seems that there's still connection with BNB even he's already stepped down as CEO.
1107  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the largest meme coin ever? on: December 10, 2023, 08:14:23 PM
Those that have made profit in bonk will say that it's bonk. Those that are into dogecoin will say dogecoin and the same goes for those that have earned a lot with shiba inu. The point here is wherever the people have made a lot of money, they'll say that it's the largest meme coin ever. But there are also people that have accepted that Dogecoin is the largest ever despite that they've made a lot of money in other meme coin because it's the inspiration behind all of it.
1108  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trade altcoins during the bull run or just hodl? on: December 10, 2023, 06:15:37 PM
If you are hyper on trading and you insist, the chance of you likely getting effed up is very high. Just hold and be consistent and doing that, it's a proven method that no one will argue about its authenticity of how profitable it is.

I like to accumulate altcoins and hold them for some time. Here I take meme coins off my list. Altcoins will usually rise as the price of Bitcoin rises. But the problem is that altcoins are not a good option for the long term. I usually buy altcoins in the past two months and I will hold them until next year because I believe the BTC halving will affect the increase in altcoin prices too.
There are still altcoins that are good for the long term but you will need to choose the good ones based on the market's reaction and not yours. You can analyze them as much as you can but sometimes, or let's say at most times we're choosing the wrong ones. So, just learn from it and choose the better ones and go long.
1109  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Earn Ethereum upto 7.2% staking with AIETHS.com passive income on: December 10, 2023, 04:58:30 PM
Your website was just launched a few months ago.

Domain: aieths.com
Registrar: HOSTINGER operations, UAB
Registered On: 2023-07-13

Also by reading your welcoming message;

Aieths.com is a decentralized AI ethereum staking platform earn upto 7.2% in a week turn your 1 ETH into 4 ETH ever month by staking in AIeths.com platform

This is already too good to be true. Although the trick there that you may say is that it is "up to" but still, within the duration of only a week. That's high and that promising gain, I won't advise people to try it and don't be too attracted to that promise because it's a red flag for me.
1110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance: $BNB The Future of Exchanges. on: December 10, 2023, 03:51:43 PM
This is getting serious. After the bail settlement, everyone have thought that it is all settled and he is free to do his things.
Well, we may see some impact on it on BNB and this goes to the price of it. While we see that many altcoins are moving bullishly, BNB doesn't move at all.
I guess if everyone has to look deeper at this case of CZ, there is a lot to dig in with this issue.
Of course if a full blown investigation against Binance and cz starts, bad things will probably happen to the exchange. They have manipulated the entire market for years. I'm not talking about jurisdictions where they may or may not have done business. But for now we are talking about cz, so it's not all bad for Binance right now. But there could be a bnb crash in the future if Binance repeats the fate of FTX.
There could be some actual and deep digging on the case if the investigative body will do so. If so, it's not gonna be jus CZ alone but his cohorts as well. While there's already a bail for the exchange itself there will be no eyes on it as well. Maybe that's already a sigh that we can give because that's what we're worried about. Because if anything happens to them, it's gonna reflect to their BNB and then with the entire market as usual. However, it's only for temporary impacts as that's what we've seen in the past.
1111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance: $BNB The Future of Exchanges. on: December 10, 2023, 11:54:31 AM
Well now there is some very bad news for CZ. After he was to be allowed to travel to UAE before his sentencing next year now federal Judge Richard Jones changed that.

He says CZ is very wealthy and has property over there in UAE. And that if he lets him go he has no ties to the US and may never return for the sentencing. He does not want him to flee so he must now remain in US.

https://decrypt.co/209060/us-judge-bans-changpeng-cz-zhao-from-leaving-the-country 
This is getting serious. After the bail settlement, everyone have thought that it is all settled and he is free to do his things.
Well, we may see some impact on it on BNB and this goes to the price of it. While we see that many altcoins are moving bullishly, BNB doesn't move at all.
I guess if everyone has to look deeper at this case of CZ, there is a lot to dig in with this issue.
1112  Bitcoin / Bitcoin Discussion / Re: best way to start on: December 10, 2023, 10:55:10 AM
You have already started and has got a lot of post. All you have to do is to sit and keep learning all of those suggestions that has been said to you. There is so much for you to learn and just keep going on with all of the curiosity that you might feel and think because after asking, there are the answers and you are  not applying any of them then it is useless for you to take most of the suggestions given to you.
1113  Alternate cryptocurrencies / Altcoin Discussion / Re: Time for bounties and airdrops as we near bull season on: December 10, 2023, 09:56:02 AM
When the market is in good condition. Then new project starts their promotional campaign such as by managing airdrops and bounties. We can earn a good amount by joining airdrops and bounties.
In bounties we have to promote a project in social media platform. But in airdrops we have to test the project at initial stage and support the project by doing some simple to tasks.
Some bounties can be good and the same for the airdrops.
But not everything is gonna work the way you expect it. You need to be picky if you are up with airdrops today because most of them will require you sums of money to receive decent number of tokens. And for the bounties that have simple tasks, those that have a lot of spare time to spend on them, you can do it to qualify for some tokens you might receive.
1114  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: December 10, 2023, 08:28:54 AM
I have Eth, BNB and cake. But with cake, I find no success and mostly just losing from it. But that is okay because O can wait until I will be able to sell it. If I still find no success waiting on it patiently then I take the losses abd blame it to myself and count it as lesson that I wont be back on it.
However, with my gain through Ethereum makes me just ignore my losses on it.
1115  Alternate cryptocurrencies / Altcoin Discussion / Re: Bonk, AIDOGE or VET on: December 10, 2023, 07:05:41 AM
Hello,
Which is your choice from the list below?
  • Bonk
  • AIDOGE
  • VET
Please tell me briefly and with the reason.

Thank you.
None because it seems too late. Bonk has gained alot and if you are wanting to invest to any of them, you are surveying on which is a good one. It is likely that you will get some advises exactly from the ones who has invested on them already.
Anyway, for me the most gain that I have seen is with bonk these past few days. I haven't check the others though.
1116  Alternate cryptocurrencies / Altcoin Discussion / Re: About Altcoins Investment Experience on: December 09, 2023, 10:50:16 PM
Bitcoin and ETH are good for long term but majority of users in the forum or in general are looking to get rich quick which isn't possible and also looking for multi fold return on investment which would be little difficult with Bitcoin or ETH and if you would have would hace checked price of coins like Solana it was trending around $8 at the beginning of the year and now it have increases by 10x, ADA has increased by 3x in last three months which indicates that there are other altcoins as well which is worth investing provided you do a proper research.
In general, many think that crypto is an all in money making get rich get-rich-quick scheme. They're all wrong, although crypto is also being used by these frauds but the actuality of it is very different from what they're expecting. Every investor needs to be wise with their choice with altcoins and all you have to do is to DYOR. With that, you'll have the idea by simply allotting time in research to know the potentials of the coin that you're investing. Good for me that I've got the popular ones and that's less time to be allotted but those who likes to explore in new altcoins, that's what you need.
1117  Alternate cryptocurrencies / Altcoin Discussion / Re: USDM to USDT on: December 09, 2023, 10:10:23 PM
Volume doesn't look good on that USDM, if you can dispose them and exchange that to the listed exchanges on its coinmarketcap page, do so.

If you are talking about this USDM then you can definitely try from Pancakes swap. I actually never swapped with USDM so I can't give you the exact result. I have looked on various exchanges but can't find USDM trading anywhere.
This gives him more options because, on the cmc page, there are only a few options to which exchanges he can swap or trade. He has to do that if he wants to get rid of it and trade it now.
1118  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dead? on: December 09, 2023, 09:37:22 PM
OP posted about altcoins being dead last year and it's most likely that it became better after a year. But not all altcoins have and will survive. I think that there were a lot of them that have been dead forever. I also get the idea from some people that if it's about investing to any altcoin will give profit, it's not always the case. We're not yet on that season and by people mean anything, don't be too gullible with such words because it may just lose you a lot of money.
It seems that OP had panic and negative thoughts that occurred due to the decline in altcoin prices at that time, and maybe OP had waited long enough, but had not seen significant developments in altcoin prices, so he asked like that. Well, I'm pretty sure if OP is holding large assets, he probably already has the desire to sell the assets he owns. However, prices are now recovering, and basically, that's how the system works. Crypto is famous for its high volatility, and this happens almost every year. However, we cannot conclude whether an altcoin died or not just because the price fell, or just because they waited a few months, but did not see significant developments, because the development of an altcoin sometimes depends on the project itself, market conditions, and also other factors.
Yes, that seems to be a normal reaction from someone who had relied mostly to altcoins and when you're too diversified because that's not giving you the good time to think about what you should invest with your money. This is why someone has to put some BTC first into his portfolio.
It makes your portfolio flexible and you're not going to think that the ones you're holding is totally dead or won't give you a panic because you know its performances for all of these years.
1119  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Litecoin ever reach $1k? on: December 09, 2023, 01:55:04 PM
And wondering when and why this needs to make it to 1k price when there are even more currency now
that has low fees and not riskier than LTC?
Well, that's a fact and sad truth about LTC. We like it as the silver Bitcoin of this market but despite that, there are better altcoins that has cheaper fees and a quicker transfer. Still, no one's going to stop us into using LTC as an alternative transfer when Bitcoin isn't cheap at all.
Like this time, there's a lot that needs to be done because it's giving all of us headache when each transfer that we need to do is a lot.
1120  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waiting patiently for the next bull run... on: December 09, 2023, 12:22:15 PM
Good luck to you OP for waiting with those coins for the bull run. Didn't you know that there have been some meme coins that have pumped a lot just this time? Guess what that coin is.

  • Bonk.

But sadly, that's not on your list so you haven't made yet with any of those or you already do because I don't usually check with those meme coins when they don't gain a lot because there's no attention made from it.

Yes that's right, coincidentally your suggestion is included in my investment coin monitoring, I used to buy bonk on dex and sometimes obtained from twitter airdrops, bonk innovation entered the cex at this time and is surpassing towards a better price, yesterday I netted bonk a little money on the exchanger, maybe I think it can be 3X higher than today Grin indeed meme coin fluctuates more wildly, but many feel at home buying and selling in meme coin. OP made the thread 7 months ago if op is currently monitoring the thread, maybe it will moderate from other people's answers including including including Bonk as an additional option for day trading with meme coin types and utilizing hype.


Only a few bonk
That's not a lot but still you're going to make profit and that's it, unlike me I won't make any profit from it because I don't hold it. So, that's still a win for you than me.  Cheesy

I enjoy and have fun with meme coin , new trends or new meme coin  I am always interested even though it starts from impressions and curiosity, it could be that I don't care what other people say about my choice. Cheesy
Good luck with that, I lack talent with those spotting but if you are enjoying it then I guess that's much better than someone trying hard to get into these trends.
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