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Messages - SmartGold01

Pages: [1] 2 3 ... 34
1
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: Today at 07:19:14 PM »
Quote from: dekafee79 on Today at 03:23:24 PM
Quote from: SmartGold01 on May 24, 2024, 11:11:22 PM
Quote from: alltalk on May 24, 2024, 10:45:11 PM
Quote from: Power420 on May 24, 2024, 07:46:17 PM
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.
to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.
My advice is to wait for a correction and then buy some potential altcoins and hold for the long term. I think this is the best step that can be taken right now. because it is not easy to read market movements.

Market is always hard to predicts because its unstable movement and if venturing into the market without holding proper coin could easily leads to heavy lost, so invest in good coin such as Bitcoin or Ethereum and other reputable coin.

2
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: Today at 05:46:49 PM »
Quote from: Jamal Aezaz on Today at 11:51:38 AM
Quote from: SmartGold01 on May 22, 2024, 10:15:18 PM
yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.
That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

3
XRP - Ripple Forum / Re: Can XRP hit $100?
« on: Today at 05:38:17 PM »
Quote from: Freemind on Today at 11:02:59 AM
Quote from: SmartGold01 on May 21, 2024, 07:02:47 PM
Actually it's hard to say that this will occur very soon but to me XRP is not any every other altcoin that are easily being manipulated over the price since their case with SEC isn't solved, I think $100 is a good projection but could take a longer times, after their case within that period of winning the case the price could hit back 3$ or 5$ maybe the next target would be 10$.

$5 may seem like a more or less reasonable value to me, but I also think $10 is too much. The total supply of XRP is 100,000,000,000. I think it is easy to do the calculations to know the amount of money that would be necessary to inject into XRP to reach the $10 you say, I will not talk about $100, I have already said it on other occasions. Ripple has a lot to do before it can return to normal XRP development, so after a while we may see new features that give XRP a new boost. In the meantime, it is likely that the value will not have too many changes, unless we are close to an altcoin season.

You right sir, if considering the One Hundred Trillion as the total supply then $5 could also be very difficult achieved except there is some reduction in the coin, let say reducing to around One Trillion or Eight Hundred Billion with this reduction there would be hope for the price to get to that extent we have been speculating.

4
Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World
« on: Today at 04:59:01 PM »
Quote from: legend45 on Today at 11:41:52 AM
Quote from: SmartGold01 on May 24, 2024, 10:13:07 PM

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.
Yes, currently more people are buying bitcoin for investment purposes, not for transactions, because in my country the government has not approved bitcoin for transactions as a payment method, so I only use biycoin for investment.
The investment aspect is what that has captivated people's attention than the real purpose it was created for, so when people began to hear to the good news and testimony of others how they have invested in bitcoin and made series of profits from the bitcoin progression makes other wanna just invest and hold like others.

5
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 24, 2024, 11:11:22 PM »
Quote from: alltalk on May 24, 2024, 10:45:11 PM
Quote from: Power420 on May 24, 2024, 07:46:17 PM
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.
to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

6
Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World
« on: May 24, 2024, 10:13:07 PM »
Quote from: Rruchi man on May 24, 2024, 07:25:43 PM
Quote from: SmartGold01 on May 22, 2024, 02:19:32 PM
I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin
Both the bad and the good events surrounding Bitcoin have led to its popularity and created more awareness about it. People who did not get to hear about Bitcoin from a good side heard about it from a bad side and now they know the truth that the government mostly that spread the information about bitcoins being bad are either been jealous of it because of the potential it has to affect their financial system or because of lack of understanding about it.

Quote from: SmartGold01 on May 22, 2024, 02:19:32 PM
They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.
Bitcoin is serving better now for investment but later in the future I believe that the currency function will come into the effect and more people will start using it for transactions from one country to another or even within the country.
Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

7
Signature Campaigns / Re: [OPEN] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign
« on: May 23, 2024, 11:07:16 PM »
Hello @Juler12 today I ranked up to Legendary rank, although there is no change in pay structure but I would like you to change my status on the sheet to Legendary during your weekly sheet update. I am Really grateful for staying with coinomize.biz from full member to Legendary rank right from the other forum to here, this show a great improvement.


Thank you Manager and more win to coinomize.biz also to their entire team.

8
Meme Coins / Re: I do hear about PEPE
« on: May 23, 2024, 10:54:44 PM »
Quote from: JISAN on May 23, 2024, 06:23:11 PM
Quote from: SmartGold01 on March 03, 2024, 11:57:12 PM
Well from the information I have been hearing concerning pepe I have beginning to gain interest on it because lot of people were speculating that pepe coin will be the next bomb unlike shabi and dogecoin. These two coin i made mention always comes to my heart when i recall them because as then someone told me to buy and hold with just 5k my local currency then i didn't know much about space people made thousands of dollars and i was regretting for not taking the bold steps then. This curiosity made me to come create this topic to seek people's opinion if could invest on Pepe coin.
There are many meme coins coming in the market but not all of them are successful and not all of them are likely to be successful. Pepe has major exchanges like Binance listed on their platform so good things can be expected from it. But I can't expect anything big like SHIB or DOGE from it. yes it is able to give profit but not as high as SHIB or DOGE. If Elon Musk starts talking about it and invests then maybe it is possible
Pepe is a new project and can't be compared as Shiba or Dogecoin if I am not mistakenly dogecoin is the first memecoin to be launched and has gain more popularity even before Elon musk promoted it on twitter idt has started gaining attention all over, because they were doing major promotion like featuring some matches and printing out jessy for them with their logo on it and football is a game that is mostly feature all over the world. That is a major promotion to say that pepe can't be equate to Dogecoin.

9
XRP - Ripple Forum / Re: Can XRP hit $100?
« on: May 23, 2024, 09:42:48 PM »
Quote from: bitterguy28 on May 23, 2024, 03:18:17 PM
Quote from: dekafee79 on May 22, 2024, 04:20:38 PM
Quote from: SmartGold01 on May 21, 2024, 07:02:47 PM

Actually it's hard to say that this will occur very soon but to me XRP is not any every other altcoin that are easily being manipulated over the price since their case with SEC isn't solved, I think $100 is a good projection but could take a longer times, after their case within that period of winning the case the price could hit back 3$ or 5$ maybe the next target would be 10$.
Your target of reaching $3 is very reasonable. but if the target is $100, I think it will take a long time and is unlikely to happen early next year, quite far away. We should have rational targets, not high expectations.
maybe after everything that Ripple is facing from he SEC and the government then that would be the time to see the growth we are looking for Ripple because for now as we can see the price of XRP staying low and stagnant? am afraid that there will be any big increase coming in the sooner time.
Smiles, you don't need to be afraid as that is what everyone is waiting for and when there is a serious increase it would attracts more investor to come invest into the project with the hope to get above the present price currently. XRP has been another cool project that attracted people's attention if not for the lawsuits the coin could had increase above it's present price.

10
Binance Coin (BNB) / Re: BNB prices will go up
« on: May 23, 2024, 08:51:22 PM »
Quote from: legend45 on May 23, 2024, 02:04:16 PM
Quote from: SmartGold01 on May 21, 2024, 07:47:49 PM
So far Binance has been the most trusted and reliable exchange that has gained the action of the globe as a global leading cryptocurrency exchange it's natives currency BNB, the blockchain was deployed after a sudden increase on ethereum gas fee. Binance blockchain was deployed as an alternative means of ethereum to transact smaller amount with a lesser transaction fee of $0.009 and $0.33 respectively depending on the amount you are transacting. Currently lots of coin and project has integrated in their blockchain through the bridging process and lot of exchange has added their blockchain as means of withdrawing coin to reduce the gas fee. To me BNB was just as an alternative of ethereum.
There is no doubt that Binance is an alternative smart contract to Ethereum which has a high gas fee, because it is really cheap to transact using the BSC network. Coins from Binance will always be my favorite coins that I hold, because every time I face a 4 year cycle, during a bearish season I will buy BNB.
You are correct ethereum gas fee was extremely high it was a serious concerns to people who were transacting on ethereum token, especially while swapping tokens on decentralized exchange you spent close 100$ to swap some token and it was a concern to investor and those who were involving themselves with IDOs. Some of the investors weren't able to meet up with the fees while there plans is to invest with a smaller amounts lesser than the fee itself, at some point IEO was then introduced so people could start making deposit and buy coin directly from exchange and hold till trading starts but at some level most of the investors weren't comfortable with it since they are so much concerned about privacy.

Therefore at this point Binance Smartchain became more useful and lessened the hassle for people to trade and some of the project began to list on pancakeswap where the could now use less than 1$ to sell of their coin, and again, pancakewap now became a competitor to uniswap, since Uni was mainly for ethereum blockchain. As time goes we began to have more Decentralized exchange launching regularly.

11
Bitcoin Forum / Re: BTC staying above $67,000, will it reach all time high?
« on: May 23, 2024, 04:49:00 PM »
Quote from: Jamal Aezaz on May 22, 2024, 09:09:57 PM
We have to hold the coins which we already have bought and wait for the accurate time where our target will be accomplishable and maybe such duration takes time to happen but it will be easy for us to wait if we have patience and trust in our assets.
The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.

12
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: May 22, 2024, 10:15:18 PM »
Quote from: Jamal Aezaz on May 22, 2024, 08:44:06 PM
Quote from: SmartGold01 on May 22, 2024, 07:57:13 PM
This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.

Such types of traders manipulate the market and they play a big role in changing the value of market because their trade is not in smaller scale but they make such a greater percentage of traders through which the market easily changes into the opposite direction of other investors thoughts.

Like currently everyone was assuming that the market will reach 100k$ after 73k$ but everything gets opposite because a huge dump was created due to higher selling percentage through these sorts of traders. But fortunately the market again recovered back and now it is more than 70k$ and surely it will go higher than this value in the coming months of this year.
yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

13
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: May 22, 2024, 07:57:13 PM »
Quote from: Jamal Aezaz on May 17, 2024, 08:15:18 AM
Quote from: TopT3ns on May 12, 2024, 10:56:33 AM
That's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.

All the coins were lower in price but now they are steadily pumping to attain their top positions because Bitcoin has been increased from 62k$ towards 66k$.

This slight pump suggests that bear season has not yet started but still people can buy their favorite coins as the price is not as high as everyone was expecting before halving.

This little increase means that the market is recovering now but the whales are trying a lot to change the market condition by making their trades on large scales. We have to accumulate our coins and then have to let the profit take in future when the price goes higher.
This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.

14
Pump & Dump / Re: Strategies for trading altcoins
« on: May 22, 2024, 07:20:44 PM »
Usually when trading altcoin there is nothing special about it rather you could target for short time projection couple with scalping, let say you can buy some altcoin and target when the market gains like 3 to 10 percent then you can sell immediately without holding for long. The next could be within bull run, you should pick out some good coin that are good or that easily increase in price so quickly without delay, when you monitor those coin correctly then you could sell when they gained little percentage.

15
XRP - Ripple Forum / Re: Can XRP hit $100?
« on: May 22, 2024, 07:12:55 PM »
Quote from: dekafee79 on May 22, 2024, 04:20:38 PM
Quote from: SmartGold01 on May 21, 2024, 07:02:47 PM

Actually it's hard to say that this will occur very soon but to me XRP is not any every other altcoin that are easily being manipulated over the price since their case with SEC isn't solved, I think $100 is a good projection but could take a longer times, after their case within that period of winning the case the price could hit back 3$ or 5$ maybe the next target would be 10$.
Your target of reaching $3 is very reasonable. but if the target is $100, I think it will take a long time and is unlikely to happen early next year, quite far away. We should have rational targets, not high expectations.
That is where price speculation comes in and all this things makes the price hit very high, let say if a well known social influencer tweet about this price after winning their SEC case you would see how investors could rush to invest into that project. This same is what happened to other project or memecoin out there when they overhyped it would see more investors trooping into that project to invest because someone has made good comment about it.

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