Latest posts of: tippytoes

Quote from: Johnyz on March 05, 2021, 10:38:18 PM

Fees are moving too and its really volatile on ETH platform and no one can help you with this one since this is our common problem. If you used a lower fees then expect a big delay on your transactions, since you already confirm it all you have to do is to wait for confirmations, better to use a higher gas if you badly needed the money,

That's the only option for now to get ahead with the game. If you want to get money on time or earlier, you need to use higher gas fees just like in btc tx, higher sat/byte. Of course, the gas fees change from one time to another, and you have no control on that. What the OP can do, is just wait for it to be confirmed and next time use higher gas fees from what is the recommended gwei at that time. Right now, you have very little option as the eth network is really a pain these days.

Quote from: khiholangkang on March 05, 2021, 02:26:50 PM

Quote from: Looper_U on March 05, 2021, 09:02:29 AM

Not all projects running on BSC are real, there will be more rug pulls and I don't want many to get caught

It's the same as ETH. Scam will always be everywhere, what we need to do is to be more careful in choosing a project.

I agree with the OP that BSC platform may soon be proliferated by scammers, just like eth network. Since it is new to the community, a lot will really think that since it is under Binance, most projects will be promising and valuable in the market. Users should also do the same homework here even if it is under binance, because binance has nothing to do with the actual developments of every project that will be built under their network. Just like eth projects, it doesn't depend on the eth network if they will be successful or not.

Quote from: Ultegra134 on March 03, 2021, 11:28:59 PM

Quote from: Vishnu.Reang on March 03, 2021, 05:55:46 PM

Quote from: jaysabi on February 27, 2021, 05:25:05 AM

Yeah, on a macro scale this just isn't true. Bitcoin was decimated just like the stock market in March 2020. It's because despite what the majority on this board believes, it is not a safe haven during times of economic upheaval and the capital flight from stocks and crypto proved this when the pandemic shutdowns were starting.

At least under the current circumstances, Bitcoin can't be considered as a safe haven asset. In part due to its volatility and unclear legal status in many of the countries, it remains a high risk investment. So when the economy was going up, Bitcoin was also going up. On the other hand, when the market crashed in March 2020, Bitcoin went down, but gold prices rocketed upwards.

Not really sure how the conversation about Covid-19 was driven to Bitcoin and investments, however, I agree that Bitcoin or any Cryptocurrency cannot be considered a safe asset. Crypto isn't a panacea, and not many people have the right knowledge about how they work. Most, are not familiar with the risks they have, it doesn't work like the stock market.

This pandemic has driven some noncrypto users to look at crypto because for one, the halving that happened last year and a lot were stuck in their homes and they were able to follow the news. And then, owed to this virus, people are looking for alternative payments, and crypto is a very good candidate on this case. And next is the buying of financial institutions of large amount of bitcoins like the MicroStrategy and TESLA, and even the announcement of PayPal to include crypto in their payment system boosted the btc market.
So yes, this covid, lockdown, has good repercussions in the crypto industry. Somehow, people are brought into this market because of the covid crisis.

Quote from: carlfebz2 on March 02, 2021, 11:49:40 PM

Quote from: tabas on March 02, 2021, 11:18:08 PM

It is a subjective topic and question. Well, if I own $1M then I'm rich and if I own 1000 bitcoin, I'm also rich in my own definition. Just as the others, they'll also consider themselves for having both to be rich or with any of those.
The basic definition of being rich is that you've got a lot of money to spend, house to sleep and wants that you already have while having financial freedom. But if you ask Bob Marley, he have a different answer about richness.

People do have different mindsets this is why definition of being rich would really vary but one thing in common is about on that financial freedom on where humans do really aim for.

This is the reason on why we do work hard, why we do make out investment and other ways for us to earn money because we do really aim on having that status in life where we dont need
to work hard for us to buy our needs and wants.

Defining rich does really talks about on having lots of money..In difference with countries currencies then numbers will really be different on each places.

Most of the time, people relate the term rich with financial capability. However, there are some people who feel that they are already rich, if they are contented with their life even if they don't have so much money. Sometimes for those people who don't have debts and they can eat what they want, they already consider them as rich. So yes, it is a very subjective matter and it depends on every individual. Some people feel that they are not rich even if they have multi-million dollar home and cars, and still they feel empty.

Quote from: Melt09 on March 01, 2021, 11:30:23 PM

Thanks to everyone that contributed to the thread.
I see many people commenting about "poor man coins" or "get rich quick coins". I agree to an extent that's why i am here looking for suggestions and potential help.
The reason i decided to go with these coins is that they can provide good gains. I know it is high risk but the reason that i didnt invest in btc/eth and good coins is because my initial investment is not that much and btc or eth wouldnt give me good profit.
My intention was to increase my profits with alts and then switch to btc/eth/bnb etc..
Maybe my strategy is bad.. i dont know cause I'm new.
Thank you all again!! I would love more constructive opinions!!

You can get some tips from those suggestions but at the end of the day, it is you who will finally decide which ones you will keep. But it is good to read some thoughts and opinions of other people and see for yourself if it is applicable in your current situation. I am only familiar with ADA project based on your list. But if you do your own research on the other coins, you are on the right track.

Quote from: 2double0 on February 28, 2021, 10:36:38 PM

It is your choice to invest in crypto or not, but land and crypto are of very different nature and cannot be compared. But crypto has given really good returns since its beginning, let alone btc be considered. I don't think we need to give you any proof when Bitcoin itself has proved you its power in just one year.

It is really up to the OP if he will venture in crypto or not. Real estate is by any means a tangible investment and if you have the capacity to invest, you should. In crypto, it is a whole different aspect here. If you are a risk taker and know the consequences involved, why not? But it is always better to spend what you can afford to lose, if we are talking crypto. When you compare it to tangible assets, it is different. You know at anytime of the day, you still have the asset and it will only grow in time. Not with high returns but at least you can sleep peacefully knowing that your tangible assets will not disappear. However, in crypto, a user should know what he is getting into. This is a very volatile and risky investment, and not all people can get their target profits, they can even lose all their funds in just short period of time.

Quote from: mace15 on February 27, 2021, 11:42:30 PM

As others been saying it is just a correction since price of bitcoin reached a new all time high. In my opinion, it may bounce it's price and the bull run for alt season is not yet end. So I still have some alts and holding until it hit my target price. The market is really surprising it may declined and may reach again over $50k.

The crypto market is indeed unpredictable. There are still so many companies trying to buy bitcoin up until now. And just recently, MicroStrategy bought another $1B worth of bitcoin.

https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin

When I read this news, I thought, the market will pump again. But anyway, this means, these companies like MicroStrategy or Tesla, believes that there is bright future in bitcoin. Because if they don't have strong bet on bitcoin, they won't shell out that huge amount of money. Come to think of this scenario.

Quote from: doomloop on February 27, 2021, 01:23:17 PM

Quote from: Simon9710 on February 18, 2021, 07:44:35 AM

Quote from: Rakabel619 on February 17, 2021, 03:34:46 PM

Hello, I still do not understand the mechanism by which bitcoin or ethereum, or any other virtual currency, increases or decreases the price / value. I don't know if it is a scam or not

Pure supply and demand. Every coin is priced from an expecptation to the future - a perfect combination between micro- and macro economy Grin

Glad a newbie has better understanding and sentiments for Bitcoin than a member who is using the forum since four years. Actually apart from demand and supply, we also need to understand that why the demand is increasing and that is because more guys are coming into the market while mining almost remains the same which is the only source of supply. What I mean to say is that demand might remain the same for individual but because more people come into crypto, that automatically increases the demand.

But most other people are totally different. I really wonder what makes them to think Bitcoin might be a scam. I don't want to try and change their perception towards bitcoins or cryptocurrencies because if 4 years of stay didn't changed it, I don't think anything else ever will.

Been 4 years in crypto and he has not gained anything and still thinking that this may be a scam? That's very saddening. It means, he didn't educate himself about crypto throughout those years. Because ignorance is the only reason why after all those years, you still think, btc or eth is a scam. Maybe, he needs to understand a lil bit more here and start in the Beginners section - https://bitcointalk.org/index.php?board=39.0 . If he will educate himself on his own, he will understand a lil bit more about crypto and maybe change his perspectives towards crypto.

Quote from: CarnagexD on February 27, 2021, 05:36:41 PM

There's none. It's literally made for people desperate enough to let themselves in the hellish trap that is collateralized loans. Imagine getting less than what you want to borrow and then still having to pay the whole amount as if they just didn't took a fee out of the blue. So never ever take collateralized loans unless you want to play life in hard mode.

I am not a fan of such platforms also. Instead of making your life easy, it will give you headache instead. If you have the money in the first place, I think the better thing to do is just be contented for what you have and just make use of it. Instead of borrowing and giving it as a collateral loan. You may end up losing all your money, if you can't pay them on time. There will be more problems that may arise if you forgot your responsibilities as a borrower. As you implied, they will make your life difficult instead of alleviating your financial problem.

Quote from: Webetcoins on February 27, 2021, 08:11:58 PM

Quote from: tygeade on February 24, 2021, 12:14:23 PM

Quote from: motun01 on February 18, 2021, 09:40:43 PM

I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.

It happens with everyone of us and its natural. It is similar to having regrets of not taking education more seriously as a student, because we know how useful it was but that is why hindsight is such a wonderful thing.

We all sell and buy coins which we could have hold for little longer and earned much more, my recent such experience was with BNB as they got pumped but I had sold all my BNB I held since quite sometime like months ago.

That is exactly what I do but I also learn from them as well, there is nothing you can do about a loss, or loss of profit at least, because it's done and it is too late, hell I could had tens of millions of dollars if I went all-in to bitcoin when I first learned about it and still hold it today, think about it, tens of millions of dollars, if I keep thinking about the past I could go mad.

However if you take that, learn from it, and build a better future, you could actually make a decent amount of return, and that is what I am working on, I am building a decent portfolio, that I own a lot of coins, and I am planning on putting more and more money into it, and eventually I should have like 20+ coins with 1k+ invested in each of them at least. That way I will not have to focus on "what do I do now?" type of potentially missing profits because I will just own them all and wait for each of them to go up instead of selling them.

Looking back, and thinking what should have been or what could have been, you will really go crazy if you do that. You have to remember, you don't have the coins anymore, so what good it will do to you if you change your mind? Of course, we have moments like remembering holding this coin, and now it has gone up, wondering if we hold longer. But honestly, it will not give you anything but headache. So yeah, move on and just make your future plans. At least, you can still change your future but you can't change your past.

Quote from: Smartprofit on February 27, 2021, 07:55:43 AM

Governments seek total control. However, the Internet and the virtual space are not the territory of separate states.

The virtual world was created not by kings, emperors and presidents, but by developers and ordinary people. Therefore, the Internet and the virtual space is a special space that should not be regulated by the laws of individual states. Satoshi Nakamoto created Bitcoin. Bitcoin is the money of the virtual space.

Yes, the Bitcoin blockchain is transparent. This is done to confirm the reality of transactions, and not for regulatory purposes.

And in this digital age, the government has no full control of what people can read via net and learn how to do things on their own. This is the reason why most governments don't want bitcoin or crypto, because they also have no full control of the financial transactions of crypto users. Most of them don't even understand how to transact with crypto. So right now, they are against with it. However, it may change in the coming years, when they slowly understand its importance to the community and the economy.

Quote from: JNR on February 26, 2021, 10:39:31 PM

Quote from: edandrada on January 05, 2021, 09:37:53 PM

they will be the finisher of this bull marekt. most of this defi project and exchange is scam.
be aware of scam.

indeed, thats why if we want to make a good profit, we should think about risk and try to ignore unknown defi project
wich mean invest only in the real defi project with serious dev team my friend

Or better yet, ignore the Defi market at all and invest in btc or eth, at least you know, these projects are real. You can only count in your fingers those real DeFi projects and you need to study them first. Most DeFis are in beta, just look for DeFi project that is already up and working. As many of them have already exited, it just demonstrates that DeFi hype is now slowing down and we are seeing the true color of this hype. So if you want to go into defi, maybe just go for real project like LINK or UNI.

Quote from: cute nmp on February 26, 2021, 10:39:50 PM

The issue of scams is very much common in crytocurrency .I don't think there is any body into crytocurrency that will tell you that they have never been scammed not even once.The best thing is to be more careful next time and try to make research before engaging in anything to avoid loosing your money again.

If not being scammed, lost money with ICO or IEO or in any type of these crowdsourcing campaigns. I was not scammed but lost money in one of the ICOs before. Thought that everything was fine as they even had their members disclosed in the public. But maybe, they didn't have the intentions to screw their investors, but they were not successful with their platform. And so they failed, and investors lost money. One way or another, we will lose some in this crypto journey. And that will be a learning lesson for us not to make the same mistakes again.

Quote from: bitcon on February 24, 2021, 08:21:38 PM

While there are disputes between Ethereum fans and accusations of Binance of poaching ETH users, BNB has overtaken Tether to become the third currency in the cryptocurrency market! Cool

The race is in full swing and the value of BNB increases every day. I consider BNB to be a strong competitor to Ethereum!

Right now, BNB is enjoying the stage as people are fed up with gas fees under eth network. And a lot of them are now looking for better options like BSC. And if the OP invested in BNB during that time he posted this, BNB was about $27.x only, and look at the price now, the value is about $253 is almost 10x already. Wonder if he did?
Anyway, BSC is becoming promising to crypto users because of its cheap fees. Let us see once they clog their network, if they will keep their low fees.

Quote from: judaspriest on February 23, 2021, 11:49:26 PM

Quote from: swimyfish on February 20, 2021, 01:33:11 PM

If I transfer .002 BTC from Coinbase to Ledger the fee is around $2.20. If I transfer the exact same amount of BTC .002 back to Coinbase from Ledger at the same time the fee is $16.50.... Why are the fees so drastically different? Why is Ledger "charging" so much more... I found the fees similar and high for Trezor wallet too.

Thank you.

Bitcoin fees are still within reasonable limits, in contrast to Ethereum fees, they are unnatural! and very disappointing, the fees from bitcoin have risen because the dense network makes transactions slow, and it must cost a fortune for miners to work fast, this is what the problem must be solved for bitcoin, because if not then bitcoin will not be a means of payment, it's just an asset.

It can still be a means of payment if there will be a lot of merchants that will utilize the Lightning Network. It is not yet popular, but if this will go mainstream, a lot of people will like to use bitcoin LN because of its very minimal fees. And right now, a lot of crypto users are still familiar with the bitcoin on-chain, in which, the fees are dependent on the mempool activity. So if you want to avoid high fees, you can also check the mempool activity before you send your bitcoin, that is, if the time is not important for you.

Quote from: tabas on February 23, 2021, 10:59:15 PM

The correction has come, most people have waited for this time to buy for the coins that they want to have at cheaper prices.

Quote from: oHnK on February 23, 2021, 01:32:16 PM

I think that today is the day of the whole crypto correction.

It is no question because you see that there are a lot of bloods in the streets of crypto.

I have the feeling that people who bought above 50k are in panic mode right now, especially those who are new into this market. Correction is really just around the corner and no one can tell you it is coming. And right now, we are experiencing it. But I think, it will not go down hard as the support is very solid. There are so many players and investors already, and they won't just sell their share because of this correction. For those who are waiting for btc to go down, now, is your time to accumulate more before it goes up again.

Quote from: target on February 23, 2021, 09:36:42 PM

I don't see a reason why there is the need to use for Brave browser unless you really wanted to earn the BAT tokens if not then forget about it. Earning BAT meant submitting your data as well to the Brave team which is also the hacker team. Not against the team but there will be rotten apple among them and could possibly hack the crypto on your wallet.

Actually, this is my issue with Brave Browser if you are earning BAT, before you can withdraw, you need to submit your KYC. So are you confident to send your vital info to these people just because you are earning few bucks from the BAT you accumulated for months and months of using it? But if you are happy with their service, just by using their brave browser, and not after for the BAT earned. Then I guess, that's fine. Or just use the regular google chrome for searching if you want to.

Quote from: Rexler on February 22, 2021, 10:27:32 PM

Currently I'm making use of binance like you, cause it undoubtedly the best crypto exchange right now, I make use of binance cause there's enough liquidity, also many pairs and not just that, the user interface is pretty cool seems kinda easy to navigate around for a newbie, have never made use of Okex, Huobi and Gate.io, I have used kucoin its also a nice exchange, but binance is still the exchange I prefer trading on cause it has more liquidity.

I have the same sentiments here. I am using both binance and kucoin. But I still prefer to use Binance over kucoin. Maybe, because Binance has insurance in place, which I feel safe and secure for my funds. Also, the trading is not so complicated with binance, unlike kucoin, you need to transfer your funds to your trading account and then transfer it again to your main acct if you want to withdraw. In binance, it is pretty straightforward. But anyway, so far, I can only vouch for these 2 because never used those other 3 exchanges.

Quote from: ultrloa on February 22, 2021, 09:29:41 PM

If your country has been restricted by binance or bug other site don't ever try to register since you might get a big trouble if they ask a KYC to you since for sure you will fail since your docs will state that you are residing in a country which citizen they forbid to use. Maybe look for another reputable exchange.

If you want spot find it here exchangers https://coinmarketcap.com/rankings/exchanges/

If you want DEX search also this by clicking this link https://coinmarketcap.com/rankings/exchanges/dex/

He should have not verified his account in the first place. Unless, he will be having more than 2BTC withdrawal per day. But anyway, there are a lot out there like kucoin, you don't need to submit KYC as well. But if you will use your credit/debit card, they may require you to submit KYC. Anyway, as others already mentioned, why not try DEX, if this will serve your purpose to trade. First time to here a Sudanese national here and the restrictions they are encountering when it comes to crypto. Lucky for us, who don't go thru this bottleneck.

Quote from: Fatunad on February 22, 2021, 08:08:48 PM

When you do able to endure those pumps and dumps in the market then thats already a recognizable thing to be seen on someone whom do able to held his coins after all the years.
Its not simple as it sounds as if you would need to resist all of those temptations on selling on no matter what the price you are looking at but i agree on some points above
that patience would only fit out into those worthy coins because sometimes holding up too much will really be the cause for you to miss out on securing profits just like
what been told above which i do fully agree.

Since the OP is holding alts, he should also keep himself up to date with the happenings on those alts, as it may drop its price or worst, will be gone to circulation. You'll never know the fate of the project as sometimes it depends on the owners of the platform. If they dump their coins, it means they are about to abandon the project, unless, they have other plans for the coin. So don't trust too much about these alts. I prefer holding bitcoin for long-term. But with alts, you need to be vigilant with their developments.