Perhaps it depend on the mindset of the investors, there could be just short term, so they put their money on meme and shit coins and hope that they will get rich quick. Some might succeed, if their timing is right. But obviously, we all know that bitcoin right now is very cheap and it's a good investment as hedge to your wealth. Specially on what is going on around, recession, war, inflation etc etc. But just remember though that there is risk and this might throw some people off in bitcoin.
However, there are also people who invest in them both, because they know that meme coins are good for short term profits while bitcoin destined for long term. But of course, investing in meme coins needs a lot of caution. That way, there will be no future regrets as you have not missed any chances or opportunities. But if you want to focus more on bitcoin, for me that creates a more profitable mindset, as bitcoin will always be the best crypto asset and buying right now makes the perfect timing to earn more bitcoin. |
|
|
|
So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
If we have seen how Shiba Inu and Dogecoin rose and fail, that's how most likely the fate of new meme coins these days. Though its never wrong to invest in them, since they also give investment opportunities, but if you are aiming for long term profiting, meme coins will never give you that. They only grow their value when they are hyped, more than that they are nothing but only useless tokens. However, its your money, so its your end choice that counts. |
|
|
|
What are your current opinions on the cryptocurrency market?
The market has never recovered, so most likely we will witness more price dumps in the next days to come. Bitcoin I though will be stable already in $20k-$21k but then it went down and the rest of altcoins have also declined. While it’s not healthy anymore to see a market like this, but for the whales and all the wise investors waiting around, what we have at the moment are still the best opportunities to invest. |
|
|
|
Before the USD was accepted as the world currency, there used to be the British Pound as the main currency.
And before that, the Spanish Real.
Those are the latest 3 world currencies. We're about to enter the fourth one, Bitcoin.
It will take some time, but it will happen.
Even if we say that bitcoin has become a mainstream, but seeing it as the next global currency after USD, i think its quite impossible these days. USA will certainly fight for their own official currency, and would even mean to start a battle for the sake of it. And majority of the countries' government have not yet accepted bitcoin, so its hard to say if bitcoin could replace USD in the future. Although there are chances, but the process will definitely be stiff and hard. |
|
|
|
Incidents like this happen often, I've experienced it too. They are scammers who create fake telegram groups that are the same as the original group or they even copy the developer username to make it the same. Then make some announcements about the airdrop and some of the winners in it. Which in the end is a trap.
Need to be very alert to do any work, airdrop or whatever, be careful and alert even though it's an official account. Never give access to your wallet keys.
Scammers will never run out of new strategies that will make every victim fall on their trap. And if you are greedy enough to take advantage on the opportunities they offer you, you will most likely to get scammed. So its always good to take caution all the time, no matter how legit the announcement looks like, always take time to check its validity. We are responsible for our own accounts, so we need to take full responsibility on making them safe from all sorts of scamming. |
|
|
|
The problem with going cashless is that not many people will be able to embrace it. in the advanced countries this may not be such a big deal as nearly everyone is already familiar with all sort of technology and buying online in a cashless manner. in the developing countries with high number of uneducated people, this can be a very big issue, it will require teaching almost everyone on how to operate an internet enabled device and own one as well.
Going completely cashless will pose a lot of challenges to many people which i doubt the governments are ready to subject its citizens to. So this is not advisable best thing for now is operate in both ways
I think there is no real problem embracing a cashless policy as it brings more convenience and fast, and efficient transactions. But the only problem is, the government is not ready for it. The majority still prefer the traditional payment system, particularly for those old and uneducated people as they find it hard to cope up with the changes. I think the best thing to do is to offer both cashless and traditional payment system, and its up to the people what to choose for their own convenience. |
|
|
|
I think the bear market should be for building, but it usually isn't in real life. Investors often turn their backs on Bitcoin when it falls, media write articles on how Bitcoin will never recover or how much lower it will go from there, and most adoption news happen, I think, during the bull market. So the bear market is a time when some build up their hodlings, but when new players, IMO, rarely join the game because they're not sure the game isn't over. It feels like there's less FUD during this bear market than there was during the 2018 one, but maybe it's just my personal perception of things.
Bear market is always the process of building but for only those who have strong faith in bitcoin or in crypto. While others continue to build their wealth by accumulating more coins, some have decided to leave the market to avoid future losses. This is the reality of crypto or even in some types of market, people cannot sustain seeing their investments falling in value, the reason that they chose to leave the market and invest somewhere else. When the real fact is, bear market is the best entry in the crypto market because it’s where you can buy a lot of potential coins with their cheap prices, and maximizing your purchase could lead to massive profits when the bull market comes. |
|
|
|
1st amortization, BTC 0.003 - PAID
86a8b46443704fed32d02d87d0c6c20ed325d004d50cf77af141b50cac3ba96f
2nd amortization BTC 0.00397220 - PAID 6e2c95936a3eb783b6026c9f5d64f3e0ac990874c58fd6cd5e6d3d595136fb81 3rd amortization BTC 0.004 - PAID 933f7860c38f2d4e8cc0ab9381a9b352bdaaccff8bd70deab7c1dac866e6a89f full payment - 9920a07dd134b3b52e60a245a0c380043c66cfbad2aba6e4ca1e3d20d5ee7255 Thanks |
|
|
|
I guess majority of us here lost our bet on Magsayo. When I saw how the round is going in the first 4, I said to myself that this is a difficult fight for Mark and he will have to knock out Vargas in order to win. He won't win on the judges score card for sure.
There is no cheating, it was a fair score by the judges, Magsayo was just short of his effort but it is what it is. He has to accept and move forward. If there will be a rematch good, if not then Magsayo needs to double up and work very hard again.
That jab and reach advantage really did the damage for Vargas and Magsayo was having a hard time closing the gap so i agree with you mate, that was indeed a fair score, if only Magsayo has enough gas, he could have finished Vargas right there but he did not go all out, maybe he save some gas for the next rounds. Nevertheless, it was a good fight and that was what I'm expecting, a close fight and just hoping that Magsayo could get the win but he fell short so better luck next time. There should be a rematch on this fight, I hope Vargas would be okay with that as fans would still want to see the fight. It was a tough loss by Magsayo, he work hard to be a champion, and on his first defense, it's all gone. He tried his best, but I think there's still plenty of lacking that could make him a great fighter. He is only 26 years old, there's plenty of battle to be fought for him. |
|
|
|
Although I'm disappointed with the news that Manny Pacquiao will come out of retirement by participating in an exhibition match, that's his life.
As a fan of Manny, just it's pretty disappointing to see him on the bandwagon on what Floyd has started for retired boxers. But we have to understand where Manny is coming from. Well, I agree with both of you that it's really disappointing that someone who has said that he's retired for good, can't stand up to his words. But I guess this is really all about the pay that he can get. If there's a big offer to him and he can't decline, he'll take it. He has spent that much money and he has to make money again and this usually is the mindset of the rich people including him, that when they have spent that much, they have to recover it in some ways that they can while they can. Manny spent a lot of money when he runs for the presidency, it's time to get earn big money again, and I think he deserves to enjoy the exhibition fights since he is a legend, and for sure many fighters will like to fight with him and earn millions of dollars. Mayweather vs Pacman 2 in an exhibition fight, I think that's a good one, but hopefully the split would be even. |
|
|
|
Having a franchise star like KD is one of the best thing to happen in each team inside the league,
I don’t know about that. He quit on Oklahoma City. He wasn’t happy in Golden State. He destroyed a budding Nets franchise. I don’t think any of his former teammates consider him a friend. He’s one of the best basketball players still, sure. I think a lot of regrets come from previous teams. Certainly someone like Tim Duncan or Steph Curry’s loyalty is what owners are hoping they get when they shell out big bucks for stars. Damn true. I was eyeing for the 2018-2019 Brooklyn Nets before Kyrie, KD, and Harden happened. The roster before was composed of Dinwiddie, Allen, Harris, LeVert, and Russell. A team with young competitive stars. If there will be a trade, I'd just kick Russell for 1 star and a veteran to deal with experience. Kevin Durant could fill both that spot but they decided to pursue not just two but three stars and all the young roleplayer scattered at different teams. Luckily, that did them good. Dinwiddie is now a good wingman for Doncic proven during the playoffs to WCF and Allen with a 5-year 100 million deal with the Cavs. That's correct, they gave up a lot of players just to accommodate the big 3, and it turns out not all of them were healthy in the season they played together. Net's cannot change what happened, they made a mistake for being too ambitious, they want to instantly turn their team into a championship team, and now they are paying for the consequences. |
|
|
|
|
Have you seen the SMB vs Blackwater game?
That game was really entertaining and Blackwater really prove that they are a championship team.
SMB needed an OT to beat the Blackwater because of Fajardo's 2 missed FT when only 3 seconds left in the game.
Overall, it's a good game by Blackwater, they are a threat I believe.
|
|
|
|
And he has been criticized as well by many basketball analyst, leaving Nets and then the Warriors winning the championship? That could really hurt Durant inside that's why he wanted to leave and find a new team to win again. But time is running out, it will be hard to find a championship caliber team in exchange of him.
Actually Durant should not be surprise that the Warriors won a championship because the Warriors are already a championship team before he joined the team. He only made the Warriors better but they are still good even without him, as Draymond said, "we don't need you", he was right. https://nba.nbcsports.com/2018/11/16/draymond-green-reportedly-told-kevin-durant-we-dont-need-you-we-won-without-you-leave/This is the reason why Durant join the Warriors because he know that this is already a championship caliber team and he will get more higher chances to get a ring with them compare if he stays in OKC. Now its proven that he cannot lift up his team when he's on Brooklyn and this one indicate that they don't need Durant to win another championship. Durant had a good season with OKC, if they only continue to build their team, they might become a championship team, but he took the shortcut, win a championship by joining a good team and leaving to prove that he does not need the Warriors, turns out he was wrong, so he cannot come back to the Warriors now. I cannot imagine what Green is thinking about him now.  Green has to be so happy, especially that they won a championship without him. He was correct, they don't need Durant, and actually, the Warriors are fun to watch without Durant as they are not unbeatable, we see that they have struggled but in the end, they were able to conquer everything and win the championship. Curry is probably better than Durant, who would agree with that? |
|
|
|
|
It's very obvious that most voters here are Filipinos, so we cannot prevent but to be biased because we believe that Magsayo will win and we support him. Yes, we will be seeing this big fight tomorrow, but I'm not sure how to watch this, is there any streaming site that would give a free pass for this event?
|
|
|
|
This is always the case, there is no place for the weak in this world, they are always losers, unfortunately a large number of bitcoin holders put everything they have in buying bitcoin so when the bitcoin drops significantly they panic to lose all their money so they panic sell at a low price and here comes an opportunity Big whales to catch small fish and get stuffed up, panic selling is a big mistake that these people make because instead of saving their money they will lose a lot, if they are a little patient to avoid this loss and get additional profits as well.
Weak hands will never be totally successful and profitable because their mindset are only limited, and they easily quit and panic every time the market crashes. In the end, they only sell for a loss that made them become poorer. While those strong hands and big whales in the market are just waiting for good opportunities to take advantage, and buying bitcoin at a very discounted price will always be their most awaited moment to store a lot of bitcoin and hold them for long term. |
|
|
|
1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.
Altcoin investment is too risky especially when the market is in a deep bearish. Some may look very tempting because of their cheap value but the question is if they can survive if the market remains to be in a long term bearish. I believe those who don't have real utility cases won't sustain their value and eventually get lost in the market. So do not take the risk investing in altcoins particularly if you are still a newbie. Instead, stick on bitcoin and invest for long term because its the safest investment that would make you profitable as long as you sell it at a high and reasonable value. |
|
|
|
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Be positive. The market is not just all about going to the top, but it has certainly its own lows and uncertainties. So do not make wrong moves like panic selling or leaving the market because all these things are only for temporary reasons. The crypto market is consistently moving, and when the bearish season will be over, the bullish one will certainly be around. So if you to make the most of profits in the future, then consider buying a lot of bitcoins by now so you can sell them at a highly profitable value in the future. |
|
|
|
This could go far down even below $20k, nobody knows what happens next. After the crypto market losses $100b it immediately drops $25k level and currently Btc continued to fall down as it's currently trading at $23,700+.
Please replace that " now what" type of mindset coz this the "this is it" situation. This is what the crypto enthusiast is looking for. A good entry point.
Right now, bitcoin has already hit $21k but that won't guarantee that bitcoin will continue to surge and skyrocket. As the bear market continues and still very visible, then bitcoin will always be affected and will eventually drop its price again to a much lower value. While others have already doubted the potentials of bitcoin and expect that its price is hardly to recover, strong hands too are now seizing the opportunities to accumulate a lot of bitcoin while the price is still having a big crash. |
|
|
|
It’s very suspicious to see a giveaway launch on official government social media account especially if it’s involved crypto and providing private key to there registration form. Hacker can hack almost anyone on social media if they will allocate resources on it so it’s important for people to educate about this kind of scam scheme to avoid being a victim in the future. I believe many newbie fall victim on this especially those follower of that particular page because it looks legit at first glance and if you didn’t know exactly how this kind of modus work.
Most of the time, those who looks too good to be true are mostly the one with red flags that make it as scams. Sadly, only few people have realized this and that it takes a wise and knowledgeable individual not to fall for victims from scamming. But as they say, the more knowledgeable we become, scammers have always taken an edge. They can always be more than we can expect. |
|
|
|
Official Chinese national news media outlet warns readers that Bitcoin could go to zero value in order to dissuade them from investing in and using cryptocurrency. The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin prices are “heading to zero.” The South China Morning Post reported on June 22 that Chinese national news media agency Economic Daily had issued the warning about the largest cryptocurrency by market cap to further dissuade citizens from adopting the use of crypto. The Economic Daily report says the west is to blame for creating a highly-leveraged market that is “full of manipulation and pseudo-technology concepts” which it said was an “important external factor” which contributes to Bitcoin’s volatility. “Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high,” said the newspaper. As of the time of writing, BTC is trading at $20,386, 71% down from its high and 0.7% down over the past 24 hours according to CoinGecko. (source: Cointelegraph) Well, what do you expect from China? Remember that they never stop attacking bitcoin because it was a threat to their own official currency, Yuan. So this is just another way of creating FUDs in the market so that all those newbies will be confused again and end up panic selling, which considered the most favorite scene for big whales. The fact is bitcoin will never go to zero value, as long as there is always the community demand for bitcoin. |
|
|
|
|
Show Posts
