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Messages - dekafee79

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1

This is why it is important to have skills that can help us make money. As long as we work hard to learn something profitable, we will still get money that we can use to buy necessities or trade.
Yes, by learning at the crypto kit you will get experience and knowledge to make money. You can participate in airdrops, bounty campaigns and you can also learn trading. Be careful and always do research when investing.

2
Exactly, currently many farmers have created many accounts there. Their goal is to get an airdrop which can give them a lot of money. It should be noted that when more and more participants enter the warpcast platform, the prizes they get will be greatly reduced, because there are more and more warpcast users who took part in this airdrop program.
It can also happen like that but if the developer is like the developer of the Arbitrum project, maybe not because there are hundreds of thousands of people who joined Arbitrum and the average airdrop is worth $1k.
When they distribute large amounts of tokens like that, it has the potential to bring down the price of the token or coin on the exchange. It's better if we divide it with an exchange rate that is not too large
Usually like that, when distribution is distributed there will be a decrease in price. because the rewards distributed are quite large, but that is normal in airdrops and bounty campaigns. In fact, if the project is good, it's best to hold onto coins from airdrop or bounty rewards first.

3
If we do speak about extra income then crypto would definitely be able to provide out such thing on which it could really be something that would really be helpful but of course you would really be needing to work also and not really just that waiting for some free money because it doesnt really work that way on which most newbies would really be thinking up.
You would really be needing to work or put effort and this is something that having some extra job because if you dont do something then you do earn nothing as simple as that.  :)
Regarding anything related to income, crypto is indeed an alternative... but apart from income from cryptocurrency, the existence of cryptocurrency also helps several aspects of life, especially in transactions. Previously, to pay invoices to buy something, I often used a credit card which was very complicated to use, especially when making a credit card. Complex administrative requirements make me quite troublesome.

Thanks to cryptocurrency, I can now get other payment alternatives without having to go through complicated administration phases. Cryptocurrency really helps me make it easier for several transaction-related activities. So that's one of the advantages of cryptocurrency that makes me interested.
I haven't used crypto for transactions like you explained. I still use banks for transactions, because transactions in my country do not allow the government to use bitcoin or other crypto. I only use crypto for investing

4
You are right that currently the exchange conditions are talking about Bitcoin, so I think when the halving happens, there will be more and more people talking about Bitcoin, and of course, this can provide Bitcoin price movements in the future, which will definitely make more people interested and want to try investing in Bitcoin.
I agree with what you say because this halving provides an opportunity to make a profit from Bitcoin with a very large amount of profit, imagine if you bought Bitcoin when it was bearish when the price of Bitcoin fell to $17k and the current price is $62k then that's it. get 3x the profit.
The halving is not the only thing that contributed to the bitcoin price pump or rise; the possibility of the bitcoin price going up also plays an important role in that aspect.
 
The Bitcoin price even dropped immediately after the Bitcoin ETF approval, as if it were the perfect selling point for those who bought earlier. Whatever might be triggering the price, what I know is that before the 2nd quarter of 2025, Bitcoin will be worth $100,000 and above.
Bitcoin halving is when the miner's reward is cut in half, so the Bitcoin supply is limited. Meanwhile, what determines prices to rise is that supply is limited and demand rises. Bitcoin prices can fall during the halving, if demand falls. So the main determinant of price increases is demand. That's what I think, because I've been observing crypto movements.

5
Yes, I am ready to invest in the crypto market in the XRP coin becasue this coin future is very good and best and i hope soon this coin will make a very good high becasue the team of the XRP coin is very good and best and this will let this coin down and soon in just 1 to 2 years this coin will touches the sky. Investment in this coin is a very good option.
Ripple's price movement I see is not very profitable, we can compare with meme coin which I think still has a better price movement. I would rather advise you to still consider the decision you make before deciding to get into XRP.
If you are in doubt about ripple, and choosing meme coin is your decision. And everyone has their own analysis, I have Ripple in my wallet, even though Ripple's movement is not good, I am sure that when bullish, the price of Ripple will rise high, this will probably happen at the end of this year

6
Economics , Sociology & Politics / Re: Gold and Bitcoin
« on: May 18, 2024, 09:46:07 PM »
Gold has always been one of the best assets to have. Many countries have also been holding gold as a reserve. It has always been considered as a reliable asset. There is no match between gold and bitcoin. Because bitcoin is quite new, a lot of people have not heard about it yet. So Bitcoin has a long way to go to be considered a safe asset.
The world is getting to know bitcoin as a good asset and that is why ETF has been launched in some countries this year in order for people to buy bitcoin and keep it in their custody as this will make a lot of people to have easy access to bitcoin, which will increase the value of bitcoin. I will go for bitcoin because its bull run is every four years, while gold is every ten years. This shows that bitcoin gives higher profit over time than gold. You should be marveled how bitcoin that was created recently have now gain the attention of many government because of her value.
If we compare bitcoin and gold for investing, of course as crypto lovers we will choose bitcoin because it will bring greater profits than gold. but the older generation still believes in gold, because they don't understand crypto. Bitcoin ETFs are already making bitcoin expensive and reaching ATH before the halving, this is something extraordinary.

7
Solana Forum / Re: Are you stacking solana?
« on: May 18, 2024, 09:42:59 PM »

Yes it is true, this is something similar to what we saw on the BSC network and one of the reasons is also the same as what we see now.

This is something they always take advantage of, and it is possible that in the future there will also be other networks that will shift what Solana is experiencing. Seems like the case when they (developers) switched from bsc network to solana. This is something we might look at next.
Technology will always advance and new networks will emerge, in the past we saw Binance Smart Chain as an alternative network to Ethereum, then now we see Solana which is starting to become popular and offers many advantages. Maybe in the future we will see other better networks.

8
I think stacking bitcoin up for the future seems like the smartest thing to do, yes it does look like it is not awesome right now and that is understandable, but at least you got the right lesson out of it. Wisdom doesn't always come with age, but experience does and facing a lot more experience at things like these makes people wiser. I feel like we have seen these type of situations before, so we are ready for the future, we have seen it look a bit disappointing for a while, and then we have seen it skyrocket to heavens, so that is why accumulating as much say ou can during this period does look like the smart thing to do.
Starting to invest in crypto is the best step to prepare for the future, because we know it is likely that crypto will have a bright future. of course bitcoin as the king of crypto will lead altcoins through that time and become more popular in the future, I agree that bitcoin is very suitable to hold long term for the future, because the price is likely to be high.

9
Yeah, the defense industry loves war, because they sell arms to both sides of the conflict and can also get government contracts worth billions of dollars without actually doing anything useful.

It is often the case that some politician's buddy is a board member of one of these companies. google "Halliburton" for more information.
There are many conspiracy theories behind wars, but whatever the reason, war only brings suffering to millions of people. It's hard to accept the metaphor: the lives and futures of millions are traded for the power and wealth of a few others :(

This war has dragged on longer than I thought, I used to think it would be over by the end of last year but it is still going on now and may continue for the next few years. I am not Russian, I am just working in Russia but some of my accounts on many CEXs have also been frozen, I can still use Binance but Binance Web3 Wallet refuses my participation in its events. Everything is really quite annoying for me!
Yes, it is true that no one likes war, because it will have a bad impact on the economy, mentality and humanity. pity the innocent citizens who are victims of the cruelty of war. Why didn't they try to take diplomatic steps to resolve the conflict? because only ego and showing off strength are reasons to go to war.

10
It did get broken once before, but not this time around, it looks like it has been strong today and will keep staying that way for a while. I think the most important part is to keep hopes up, because we could go up as well as down, so thinking about just down doesn't make any profit to you at all. I get that we are going to get some people who are always fearing what may happen, because most of the time it is a very big amount of money that matters to them, maybe their entire savings, so they are always scared. However, the reality is that price will be fine on the long term if we sit tight and wait for it.
Already it has been said that one should invest in a long term goal so that he would not be worried the the fluctuations in bitcoin price, if it dips or pumps. The price of bitcoin for some days now is at the range of 60k-63k, and that is how it has been. So I will say that patience in our bitcoin investment is what matters more as history shows that after the halving the bull run will come in some months after the halving, and this is why we can still accumulate more bitcoin at this price level.
Investing for the long term, if we have free funds is the best choice. At the time of the halving, many hoped that the price of bitcoin would rise and exceed the previous ATH, but it turned out that bitcoin seemed to be struggling. but this time the market is improving again and the price of bitcoin has reached $66K, so it's better if we wait a few months. because I believe bitcoin will rise beyond $100K

11
Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .

For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.

Of course, this news is very good and naturally it will have a very good effect on the price increase and this is very good. Not only for those who hold Bitcoin for a very long time. But also for those who just want to buy it. By simply doing analytics, people can now understand that now it is also very good. time to buy Bitcoin and hold it.
Inasmuch as that would be a very tremendous turn around for bitcoin and its holders if banks would end up buying bitcoin, because that means more adoption and we know the more the adoption the higher the demand and the higher the price, but let's not forget to understand too that inasmuch as this is good for people who have been holding for a long time, it wouldn't be the same for small investors, because when the price demand for bitcoin increases drastically, that also means that transaction fees would also increase immensely, and this wouldn't be such a good news for petty or small investors.
You are right, I agree with you that if demand is high traffic will be high, this means gas fees will also rise and the price factor will also influence it. It's also good if banks buy bitcoins, this is a sign that bitcoins can be used for banking transactions.

12
When investing, it's best to do it in lots of coins if you want to be successful in the crypto world. BTC is a favorite coin and safe to hold, but many altcoins make bigger profits than bitcoin. Everyone has their own analysis and strategy. Good luck
You are 100% right, diversification is the best strategy to minimize the risk as if one coin is going down, and all of your assets is invested in it, then you will feel more stress, even if you have invested with the funds that you don't care to lose (the most famous quote we all used to say to each other 😋) So to minimize the risk and increase the ROI I moved some of my funds into alts. But as I said not so very happy with this plan as I invested in some tokens at some good point but end up a victim of a fud and sold some good assets for instance Near I bought it at 1.75 maybe and since that point it has been trading at $7 or near it.

This is just a one example, I made some mistakes so I think I should not blame alts for that 😁😂. I am still investing in some tokens but the amount which I care not to lose. But to be very honest many tokens are so under value at the moment that they look so true to be invested (so good to be true).
We can't just depend on one coin to invest, that's the reason why we have to diversify. because by spreading our funds across several potential points, this is a step to minimize losses and of course increase the chances of achieving profits. Many have done it, except for large investors who only hold for the long term, of course Bitcoin is the main choice

13
Solana Forum / Re: The Solana Coin Future
« on: May 18, 2024, 09:23:18 PM »

As long as Solana continues to make the best contribution to the development of Solana's technology, the platform they are developing will remain popular. We can see that the projects currently being built are getting more and more tokens created and there are more and more interest from outside investors trying to make a profit on the Solana network.
If Solana can make a good contribution as an alternative network and many new projects use this network, Solana will have a bright future. In the last two years, Solana has shown good progress and movement. Hopefully this will continue in the next few years, so that it can become a competitor to ethereum and BNB
So far Solana has tried to make its best contribution to creating a very strong network, having low transaction fees and very high transaction speeds. If you have seen Solana for the last two years then it is good enough to continue its journey.
Yes, in the last two years Solana has shown good progress and is becoming increasingly popular. Many are switching to the Solana network because it has low gas fees and fairly high transaction speeds, I think the price of Solana coins will be even more expensive in the future.

14
but actually at this time we don't really need that feature because when the price goes down we just hold onto our coins and the price will go up again.
It depends on the strategy applied for a person's trading or investment. Because if you think about it, the stock exchange would not include useless features, therefore the stop loss and stop limit features are often used by traders, especially daily traders who monitor prices every day.

Currently the price of Bitcoin is experiencing a correction again, there are still many reasons to hodl, and I'm sure some people have set their stop loss at a certain level according to the loss tolerance they can bear.
As a trader, I prefer to use the stop loss feature for my altcoins. This minimizes the losses that I will experience, because market conditions are still undergoing correction, so we have to be careful in this matter.
The market has been doing the stable attitude for a long time. It's trying to settle between $62-$64k but it just can't settle. I think it will correct again in 50k. Almost everyone who is an alt holder has set a stop loss limit. If there is any major change in the market then they will be safe there. Different strategies work for each trader. However, I am taking utmost caution in investing in altcoins at this time because there is a possibility of correction.
Each investor has their own strategy. some use stop loss, that's also good. I prefer to hold it because I believe the market will improve again, because now we will finally see a market correction. If there is a bearish situation, it will only last forever and the market will reverse again.

15
Cryptocurrency Trading / Re: Just HODL
« on: May 18, 2024, 09:19:11 PM »
I maintain holdings in certain cryptocurrencies while simultaneously utilizing Bitget's smart portfolio feature to pair a portion of those holdings with Bitcoin. This allows me to accumulate more Bitcoin automatically if my altcoin holdings increase in value relative to Bitcoin.

Nice idea but accumulation shouldn't has happened on the exchange, do it on your own wallet, the one you can control and have power over. An exchange like Bitget is not even popular, if they disappeared today, you will have no where to run over to but keeping your coin on your personal wallet or in a hardware wallet will help you secure your Bitcoin.

You can use Electrum if you decide to keep only Bitcoin, this software wallet is the best and you can create one offline so your private keys don't get vulnerable to scammers.
Those who keep their money in an exchange wallet and lose that money, then he cannot survive on the investment platform. I held my investment in an exchange that I started investing and after few days suddenly got hacked. I was informed by that platform that my assets were frozen. They recover that money taking almost more than 3 weeks. To what extent an investor's attitude can go in such a situation only those who suffer can appreciate it. I henceforth do not recommend keeping my large assets in any centralized exchange. If it is a small amount then exchange platforms are good but for long term investment hardware wallets are definitely the safest.
I agree that hardware wallets are the safest wallets for storing crypto assets in the long term. An exchange wallet is best for short-term storage or only storing the assets we need for trading, if you are a trader. Because it is very risky, if there is a long freeze to take care of it

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