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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we just invest in any altcoin? on: June 03, 2023, 07:24:55 AM
I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market  and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly.
Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return?
Because I know altcoin rarely survive the dip maybe after bull run.

that's your chance and you also have to know if it's like that then you immediately release it after buying then get a profit, especially projects that only appear to rely on the strength of the bull market.
different cases like ETH bnb, and altcoins that have a function.
2  Economy / Economics / Re: China reopening was a flop, if we're heading to deflation, what about Bitcoin? on: June 03, 2023, 07:02:05 AM
Now real inflation is XX% in the US and Europe, but since countries are constantly changing their calculation methods, it is less in the tables. In many countries, inflation is XXX%. To achieve deflation, governments need to stop printing money, which is impossible to do now. If the bankers reduce the amount of money in the economy, then this will be done in order for large companies to buy out smaller and medium-sized companies.

To address inflation or achieve deflation, governments and central banks typically use various monetary and fiscal policies. Reducing the money supply is one way to combat inflation, but it is a delicate process that requires careful consideration of the broader economic implications.
but i think its impossible, because since the first government already have debt and its only just buying time until the number continues to grow.
3  Economy / Economics / Re: South Africa in trouble. on: June 03, 2023, 06:52:36 AM
This has nothing to do with other African countries if South Africa decided to join the BRICS. This suppose not to be the problem of the United States and NATO. I knowndie to sentiment and the United States may want to sanction South Africa for this but that supposed not to be our problem. I still don't know why the United States likes flexing there power even though they are the world power here.

I think very countries has the choice to join any association or group that they want without any issue. If South Africa would be sanctioned for this because they join BRICS then we all going to know that this is based on sentiment.

While it is understandable that you may perceive the United States as flexing its power in international affairs, it's important to note that countries often pursue their own interests and employ various strategies to protect and promote those interests. Sanctions can be one of the tools used by countries to express disapproval or to pressure other nations in response to perceived actions or policies.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be true? on: May 31, 2023, 07:47:57 AM
Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.

Of course, it is quite possible. In the same way you can win the lottery, But let's be real, the odds are the same as a penguin winning a sprint race against a cheetah. So if you want to roll the dice, go ahead and invest that $100 in an altcoin. But remember, the real return on investment may just be the laughs you get from seeing your friends' reactions when you tell them you invested in meme coins later.

It is true that investing in altcoins or meme coins can be highly speculative and carry significant risks. Many of these coins lack established fundamentals, have limited real-world utility, and may be influenced by market hype or speculative trading.
While it is possible to make substantial gains in the cryptocurrency market, it is important to approach such investments with caution and consider your risk tolerance. Investing in high-risk assets like altcoins should be done with money that you are willing to lose entirely, as there is a possibility of losing your entire investment.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Waiting patiently for the next bull run... on: May 31, 2023, 07:26:28 AM
Many cryptocurrency enthusiasts eagerly await the next bull run with a sense of anticipation and excitement. The previous bull runs in the cryptocurrency market have demonstrated the potential for substantial gains and wealth accumulation. As the market goes through cycles of ups and downs, patience becomes a valuable virtue. Investors and traders keep a close eye on market trends, technological advancements, and regulatory developments, all of which can influence the timing and magnitude of the next bull run. While waiting for the market to regain its bullish momentum, it is essential to stay informed, diversify investments, and maintain a long-term perspective, recognizing that the cryptocurrency market can be volatile and subject to unforeseen fluctuations.

Patience is a crucial virtue in the cryptocurrency market. Bull runs are often preceded by periods of consolidation or even market corrections. During these times, it is important to stay informed about market trends and developments. Keeping track of technological advancements in the blockchain and cryptocurrency space can provide valuable insights into potential future growth areas.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorites altcoins these days? on: May 31, 2023, 07:07:41 AM
Mine was BNB, ETH, RNDR, ARB. What about you guys? What do you keep following or watching these days? and why?

I look for projects that have the potential to grow in the short to medium term, then let go and look for them again later.
I think that was also thought by several others including myself.
7  Economy / Trading Discussion / Re: Market is seasonal on: May 30, 2023, 08:01:16 AM
Last month my trade was great, I make some dooh but this month is cashloss experiment. I don't really understand the mystical magic behind the technological process of this trading as if someone or something is regulating the system. The system dash you small cash this week and collect big cash from you next week. Is not sweet to bear big loss than gain,  and this things happens anytime the market looks like bitcoin wants to boom.

I see that there is no complete expert trader, at a point everyone experience loss both robots. That's means the market is kind of seasonal, it can favor you today and hit you tomorrow.

many markets can be seasonal, meaning that their demand and activity levels fluctuate throughout the year based on various factors such as weather, holidays, and cultural events. Seasonality is a common characteristic of industries like tourism, agriculture, retail, and entertainment, among others
8  Economy / Trading Discussion / Re: How do I trade bitcoin? on: May 30, 2023, 07:20:41 AM
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

do you know bitcoin from the forex market?
I mean there are so many exchanges currently circulating like binance, okex, kucoin, huobi and others.
if indeed you know bitcoin through forex, then you can try the exchange that I mentioned.
9  Economy / Trading Discussion / Re: Im trader i only short check out my work on: May 30, 2023, 07:03:05 AM
have you tried your strategy for at least 6 months, and which one loses or wins more, we only need to look at the percentage of that, and you can make your signals pay off if you list your trades with a superior winrate of course.
People will come to you afterthat.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trade altcoins during the bull run or just hodl? on: May 29, 2023, 02:35:20 PM
Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?

i will still wait for some reason, because i believe this market still on the bear phase and not down to the deep yet.
On the other hand, some investors choose to actively trade altcoins during a bull run. Trading altcoins can be more challenging as it requires timing the market and making accurate predictions about price movements. While successful trading can yield higher returns in a shorter time frame, it also comes with increased risks. Altcoin markets can be highly volatile, and it's important to have a solid understanding of technical analysis, market trends, and risk management strategies before engaging in active trading.
11  Economy / Economics / Re: how to overcome inflation for the community on: May 29, 2023, 12:55:23 PM
how to deal with inflation according to my community:

1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving

that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?

dont save in fiat money, it only getting worse and worse time by time.
investing is a godd way to avoid inflation, then after get some money you can put it back on investment.
12  Economy / Economics / Re: My wealth plan for next 3 years on: May 29, 2023, 12:45:09 PM
I will invest in btc,gold,silver becouse money is now expensive so when i borrow now the bull run Will make profit i make profit and from the profit i make money for myself and i can Pay the % to lender.

As an economist, I don't think you really map out your plans very well; all I could possibly imagine from the few things I understood from your content is more debt. Borrowing money to invest in crypto currency without having a primary source of income is something that's highly discouraged because it can endanger you and put you into more debt. When doing your calculation, did you not look at the negative side of investment? Your analysis is actually not complete if you don't do a proper calculation of risk.

How long do you actually think that the person who lends you the money can wait for you to pay it back without you incurring more debt to your head, and the lender might actually sell off your collateral if you don't meet up and become a loan defaulter?
I will sincerely advise you never to take a loan from anyone just to invest in crypto currency with the hope of paying it back with your profit made from the investment. It's actually a very bad investment strategy; it might work for others, but the chances of it failing for you are very high.

I totally agree with you, moreover dicrypto investment is very risky and has high volatility, while installments and interest must be paid according to the due date, maybe this case will work for 1 out of 10 people, the rest may have bad luck.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: May 28, 2023, 03:06:18 PM
Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

It is true that some influencers may receive compensation for promoting specific projects or tokens. This can create a conflict of interest and potentially lead to biased or misleading information. Investors should be wary of overly optimistic promises of returns or guarantees made by influencers without thorough analysis and research.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Connecting Bitcoin wallets to dApps: Wallet Connect on: May 28, 2023, 02:52:53 PM
I doubt most popular bitcoin wallets would want to integrate Wallet Connect into their application. The use cases are none and only required specifically only for your protocol. Since integrating Wallet Connect requires the wallet to cooperate, your best bet is to fork some bitcoin wallets only to implement the Wallet Connect protocol.

Besides, what's the matter with a method like Ren Bridge? I was once swapping Bitcoin into Polygon tokens, and it is convenient at best without requiring me to connect the wallet. I just can't think of what any other use cases specifically for Bitcoin, since it is a limited factor.

While it's true that not all popular Bitcoin wallets may choose to integrate WalletConnect or other similar protocols, it's important to note that integration decisions are based on various factors such as user demand, security considerations, and the overall goals of the wallet provider. WalletConnect and similar protocols aim to provide interoperability between wallets and decentralized applications (DApps) by establishing a secure communication channel.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it advisable to invest on Solana? on: May 28, 2023, 02:44:42 PM
As like the BNB most of the crypto traders had their holding in the Solana,because it was expected to reach the value of 100 dollars in short period of time.Still the price of the Solana was in the good pump of 23 dollars.It was expected to rise to the 50 dollars in the end of the June.So that the price of Solana will reach the 100 dollars at the end of the year.Since the demand of Solana was high due to the transaction fee of some new coin based on the Solana network.The USDT also had the withdraw through the Solana in the binance itself.So their was good demand for the Solana in the binance itself.

Predicting the future price of any cryptocurrency can be challenging and speculative. While there may be expectations and projections in the market, it's important to approach them with caution. Cryptocurrency markets are highly volatile and can be influenced by various factors, including market sentiment, investor demand, regulatory changes, and overall market conditions.
16  Economy / Economics / Re: Would you consider moving abroad? on: May 27, 2023, 10:33:59 AM
there is no one-size-fits-all answer. It's important to evaluate your personal circumstances, goals, and priorities. Some individuals may find that moving abroad offers better opportunities and a higher quality of life, while others may find fulfillment and success by leveraging online work opportunities in their home country. Consider researching and networking in your desired field to gain insights and advice from professionals who have made similar decisions.
17  Economy / Economics / Re: Deposits-in the bank or in gold? on: May 27, 2023, 09:32:30 AM
the choice between bank deposits and gold investments depends on your financial goals, risk tolerance, and investment strategy. It's important to carefully evaluate the pros and cons of each option and consider seeking guidance from a financial advisor or investment professional who can provide personalized advice based on your specific circumstances.
18  Economy / Economics / Re: Success in finance and investment is a journey of finding your true self on: May 27, 2023, 09:27:47 AM

Well said. I can understand and relate to people who are temporarily money-focussed as they're aiming to achieve financial independence and be able to retire early, so they have time to focus on more meaningful things, but dedicating your life to earn money just for the sake of it is just silly. It's a cliché but the best things in life cannot be bought. i.e. if you neglect your children because you were focused on a career, you will never develop a proper bond, and no money in the world could buy back the wasted time.

You've brought up an important perspective regarding the pursuit of financial independence and the balance between money and other aspects of life. While financial goals and stability are important, it's crucial to recognize that true happiness and fulfillment often come from a well-rounded life that encompasses various aspects, including relationships, personal growth, and experiences.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Do Anyone Think Luna Will Recover? on: May 24, 2023, 02:02:51 PM
With adequate work, I believe the coin will recover in no time Luna has not crashed so there is every possibility of recovery from the current crisis phasing the network. If every hand will be on deck to work with the team in their plan to burn some of the coins and also stake some it will help reduce the circulating supply and that will take out whale from holding a large amount of the coin that could lead to future manipulation of the market. I believe the team is taking the right step at this hard time for the community.

Reducing the circulating supply through coin burns and encouraging staking can indeed have a positive impact on a cryptocurrency's ecosystem. By decreasing the supply of available coins and encouraging long-term holding through staking, it can help create scarcity and potentially reduce the influence of large holders, often referred to as whales, who may have the ability to manipulate the market.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: May 24, 2023, 01:59:56 PM
Not all, but most of them are bad.
To be honest, if you take a look at data about top market cap cryptocurrencies when Bitcoin started, altcoins, after Bitcoin started, there are a lot of altcoins already vanished, only good at the beginning. Which I can consider as bad. So for me, most projects out there are not bad, only few are good ones.

It's important for investors and participants in the cryptocurrency market to exercise caution and conduct thorough research before getting involved with any project. Evaluating factors such as the project's team, technology, roadmap, adoption potential, and market dynamics can help identify projects with stronger fundamentals and higher chances of success.
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