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Messages - dekafee79

Pages: [1] 2 3 ... 169
1

That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it
It's true, it's not easy for us to see the team behind this project. Those project developers who want to scam often read threads like this. So indirectly they already understand what they are going to do next and finally up to now there are many new projects that hide the team they own. In contrast to the project in 2017, many teams were informed clearly and there was nothing to hide.
Currently, many of the teams behind a crypo project are hidden, because of this we have to be careful with projects. This is different from 2017, the team will see who is behind the project. And be careful, because fraudsters are getting smarter at setting traps

2
Cryptocurrency Trading / Re: Just HODL
« on: Today at 12:22:08 PM »
If we are talking about bitcoin the manipulating power from whales is getting weaker because the price per bitcoin is on the rise, still some of them hoards tons of Bitcoins that can create shockwave

For sure, There are whales still holding millions worth of Bitcoin but it's getting lower whenever they try to manipulate cause every retail investors who has experience just try to follow what whales do and simply it's called Whale strategy. When you see dump just go and buy and sell when you feel the market is highly bullish which means over the years the accumulation of Bitcoin is getting diversified into the hands of small investors that's what I said it's getting weaker compared to what we say in 2018 or earlier.
manipulation will still be carried out by whales, even though it is said to be getting weaker because the price of bitcoin is strengthening. but whales have large funds to create surprises and spread bad news. So we should follow the whales strategy, it's better than going against the flow

3
Of course, the more known any direction in cryptocurrency, or even a separate type of it, the more investors will invest their money in them and the more they will attract the attention of scammers. So it was, is, and certainly will be in the future. Especially at the present time, when the cryptocurrency is still very poorly regulated by states and this allows fraudsters to go unpunished. Perhaps, in cryptocurrencies, fraud should be treated as an inevitable phenomenon and beware of being deceived.
Fraud will always exist whenever we invest anywhere. Fraudsters will always have a way to trick their victims. Be careful and always do research when investing. because that's the main key so that we don't get cheated

4
I’ll give you a little advice, you shouldn’t think about investing in what you’re investing your money in for a very long time. You should approach investments only from the perspective of making money and not from the perspective of getting up rich in the morning by investing once. You may have to invest and sell 10 times. 5 years and not once every 10 years
In essence, investment takes time and cannot be done instantly.
It takes research and purchases gradually to accumulate more and more assets.

But sales can be done at a predetermined price target, as long as there is no need to panic and everything will go well.
No investment will generate thousands of dollars in an instant, it also depends on how much investment capital is used.
Research and analysis is the most appropriate way to do before investing. because we have to understand the coins and projects we are going to buy. Panic will always bring losses, because we cannot think rationally when we panic

5
Bitcoin Forum / Re: Future of Bitcoin
« on: Today at 12:12:51 PM »

The most important saying in the world (he who became the first, and the slippers) in investing Nothing new can be invented in this case, whoever buys earlier earns more for what he has before when the future has not yet arrived, we can also buy now and in a few years about us too they can say that we bought it earlier and very cheaply, and they can also write about us that now we are sitting and having a cup of coffee on a long vacation
Buying bitcoin in advance will bring huge profits, but removing doubts when buying in advance there is something that is not easy to do. We also never thought the price of Bitcoin was this expensive. But learning from this, we can practice it on other coins, as long as we have done research first before buying.

6
The government will not be able to control crypto, they will only take taxes from transactions.  We all know crypro is semi anonymous... How can the government control it.  They only know about the transaction when they do it on the local exchange.  So permission from the government is actually not really necessary

Actually, they are able to control crypto sphere and more likely they will be doing it in the near future. Of course, this will not be done directly, but obliquely. I think mainly through banning unauthorized payments without an explained history, which is already the case in Europe, because of which people will be forced to declare income from cryptocurrencies and pay taxes on them. And in this case, anonymity can no longer be maintained.
Isn't it possible for the government to find out about crypto money after we make transactions on local exchanges, so that we are subject to tax. If you have to report the number of crypto assets, that's really ridiculous because we never know when the value will fall during a bearish season.

7
Bitcoin Forum / Re: Beginning of the Dumping Market?
« on: April 27, 2024, 04:04:29 PM »
Whales will always play in the crypto market by manipulating market prices with very large amounts of money, we as small investors can only follow them. I think the price of bitcoin has recovered again and is rising again, so it is possible that next week we will see the price of bitcoin back above $70K, maybe this is just a prediction because the exact possibility we don't know, crypto cannot be predicted accurately
This is why the price of cryptocurrency has the potential to go to whatever price the whales want. With this, many countries also reject the use of cryptocurrency including bitcoin because it has the potential to be controlled by whales and has the potential to harm the targets they want to destroy. For the increase in bitcoin prices, hopefully there will be a miracle this year and bitcoin can reach ATH twice.
Not only in crypto dude, there are also whales in stocks there. So I don't think that's the government's consideration as to why it doesn't allow crypto as a payment method. Because the government cannot control and detect crypto transactions, this makes the government afraid.

8
Litecoin Forum / Re: Do you guys think Litecoin is worth buying now?
« on: April 27, 2024, 04:02:09 PM »
I'm not sure because Litecoin has really lost fame a lot and Litecoin is not a top Altcoin anymore because it is dropped out of Coinmarketcap Top 10 coins.
Once, Litecoin was called "digital Silver" but right now, Litecoin seems to be a forgotten coin.
It is stil a little bit famous but not much anymore.
It seems that many investors are switching to other coins because currently there are many choices of potential coins to invest in, so we can choose the coin that we believe will bring greater profits. Lietcoin does seem stuck, maybe because the team didn't improvise the project and there was a lack of promotion from the marketing team
I think Litecoin still has the potential to be held, because it still occupies 19th position on the CMC. but if I have to choose I prefer to buy top 10 coins, such as bitcoin, ethereum, BNB, Solana, ripple and doge

9
Dogecoin Forum / Re: Dogecoin Targets to hit $1 on Dogeday?
« on: April 27, 2024, 04:00:03 PM »
Many people think like you, will not keep meme coins for the long term because the risk is too big. medium term is the most appropriate time if the short term is not achieved. Many meme coins like doge and shib still survive, because many investors still hold them, unfortunately I don't have the courage to do that
Memecoin has a product that is not very clear so it is natural that many people are afraid to hold Memecoin for a long time. Investors and whales may still make the best use of Memecoin to still make a lot of profit, but for those of us who have With limited capital, we will focus more on coins that have clear developments such as Bitcoin.
Whales can manipulate prices in the market with big money so they are not afraid to invest in meme coins. While we have limited funds, we should choose safe coins like Bitcoin, I agree with you. and maybe we can add other potential coins to the top 10 coins

10
Stable Coins Forum / Re: Should you invest in Stablecoins?
« on: April 27, 2024, 03:57:52 PM »
As for my side  ,if is table I will invest but  I will consider is it registered?stable coins offering less volatility from the other crypto, however stable coins may be pegged to cash value they don't carry protection as money held in bank,tis mess we should also aware that there is always risks all times
Maybe at this time, the safest stable coin is USDT, I always use stable coins when the market experiences a decline which is likely to be bearish for a long time I will store my coins in stable coins and wait for the bottom then buy potential coins again
USDT is the most popular stable coin and is in third place on the CMC, clearly this is a safe stable coin. I also always save my assets for trading there when I see the market has a downward trend, I concentrate my assets into USDT and wait for the market to rise again to buy some potential coins for trading

11
Bitcoin Forum / Re: Bitcoin bull market correction drawdowns
« on: April 27, 2024, 03:53:06 PM »
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before.
People can hope to have cheaper price to buy and they can wait for a while but when market has a dip, they will feel panic and reject good opportunities to buy.
That's the reality that most people are going to throw themselves at, soon. As the bitcoin price increases, they will think of buying when decreases. When it has decreased, they will find it hard to buy because they will think it won't increase as fast as possible.

That's the whole mentality of most newbies. To procrastinate when to buy bitcoin
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market

12

That's right, according to what you predicted, cryptocurrency price movements in the market have improved again, currently altcoin prices are recovering again. Luckily for those who have bought at a cheap price because now they have definitely made a lot of profit because today's market has many green candles.
Unfortunately currently the market is back in the red, so we still have another chance to buy potential coins. but don't rush to wait until a deep correction occurs. This seems like a strange phenomenon, unlike previous halvings because ATH was reached before the halving and after the halving we see the market suffering

13
Ethereum Forum / Re: Ethereum gas price ridiculously high
« on: April 27, 2024, 03:45:09 PM »
Before making a transaction with another network, check whether this coin can use another network, I think almost all coins can use the Binance smart chain. because BSC is an alternative smart contract platform that is very popular after ethereum. And so far I haven't had any problems when switching networks to BSC and TRC20. Have you ever had problems with this? What coin and network do you use?
Everyone can use the BSC network, but there are markets that do not have liquidation, so when you sell tokens using the BSC network as long as there is no liquidation from the market, you will never be able to sell the tokens even though there is smart contract support from the BSC network.
If that happens, of course there will definitely be other smart contract alerts besides the Binance smart chain. If there is no liquidation in the market, we can use the Solana network, Tron or maybe other networks. because usually the market provides several networks there, we look for one with cheaper gas fees and faster transactions

14
If it is prohibited in other countries, such as what you call China, many of its citizens invest there. The Chinese government should have a policy that protects its citizens from investing in crypto by providing investment permits.
Even though they have more citizens than other countries, they know the level of risk that can occur when trading and there also implement very strict regulations regarding the use of cryptocurrency so that the residents there are very compliant with these rules.
I agree with your suggestion, the Chinese government should give permission for its citizens to invest in crypto by making regulations so that its citizens feel safe and protected. Because previously it was heard that the Chinese government was banning mining, for several reasons.

15
Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: April 27, 2024, 03:00:46 PM »
I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.
It's true, when trading in cryptocurrency we have to pay attention to what we do, not many people are able to trade well and correctly, so sometimes professional traders will use several techniques to make trades that can provide a lot of profit.
It is so difficult to become a professional trader, so many people prefer to become a holder. I'm trying to learn trading, learn analysis and try to make plans but unfortunately I don't have much time to deepen learning trading, so right now I'm more focused on being a holder.

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