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Binance Smart Chain + Ecosystem / Re: Don't trust easily all BSC tokens

« Last post by MRY on Today at 08:43:20 AM »

Quote from: yohananaomi on May 07, 2024, 04:57:06 AM

Quote from: Google+ on May 05, 2024, 08:57:00 AM
Quote from: dekafee79 on May 04, 2024, 04:09:33 PM
You are right that with bounty campaigns and airdrops we can get rewards for additional investment in crypto, even though it's not much, this can also help us get additional income if needed for living needs.
Currently, Airdrops and Bounty Campaigns don't really make money anymore, it's better for us to stay focused on looking for work in the real world that will give us a definite income and benefits that we can get. Sometimes airdrops also have many participants so the distribution allocation will not be as much as you imagine.
Until now, it is true that our colleague said that there have not been any significant changes to working on airdrops and bounties so that they can produce something more, so the results obtained are only modest, so it is better to do real work outside.
But if you keep doing it, there's no harm as long as you don't abandon your real work because you can't expect to get airdrops or bounties. I really agree with this colleague because currently I'm just waiting for changes to occur with airdrops and bounties. Who knows when they will happen?

Sometimes the results of an airdrop are meaningless because the amount of allocation given with a very large number of participants makes the estimated results obtained very small, it is better for us to look for a job that provides a certain income. Airdrop and Bounty Campaign cannot be used as main work.

Binance Smart Chain + Ecosystem / Re: Binance price analysis daily

« Last post by MRY on Today at 08:41:10 AM »

Quote from: vegasus on May 06, 2024, 11:14:10 PM

Quote from: Google+ on May 05, 2024, 09:01:12 AM
Quote from: Power420 on May 04, 2024, 11:48:14 PM
BNB was very low in the past, it has become so popular nowadays that every investor has earned huge money from this platform. If you observe you can definitely see that Binance exchange is the most popular and has more investors. Extensive trading means that in every aspect the exchange is so advanced that it can complete transactions in a short period of time. However, the price of BNB coins is currently $598. Its price was around $200 in 2023. You will notice that in just 7 to 8 months the price of BNB Coin has increased by more than $500 per token from every investor.
It is natural that when you see a very good project, your coins will increase, just like what happened with BNB, the development of BNB so far has been very good because many platforms use the BNB network to create new smart contracts. BNB also has an allocation burn program which has an important influence on the increase in BNB prices.
There is no need to doubt that BNB. Like Ethereum and maybe other top coins. BNB's fundamentals are very strong, as is the team, very clear, the development is also very progressive. So, even though the price of BNB experiences a significant decline due to some FUD or following BTC price movements, in the future, BNB will continue to survive and can rise again. It's just a matter of time that the price of BNB may still drop quite a bit.

Just now, BNB prices have started to improve compared to a few weeks ago. However, it's just that the price of BNB is currently experiencing a slight drop from last day. Yes, this is still the weekly price opening, there is a possibility that the BNB price will fall again in the future until we see how that happens at the beginning of next week. But, hopefully this is only for a moment.

BNB can be said to be one of the coins that has quite high strength, apart from having their own network they also have their own exchange platform so that will give them the opportunity to always make the price increase with quite high trading volumes.

The collapse of the BNB price is sometimes due to the price movement of Bitcoin collapsing, which has an impact on all coins on the market.

Gambling discussion / Re: Will you still gamble after suddenly becoming rich?

« Last post by Dr.Bitcoin_Strange on Today at 08:39:25 AM »

Quote from: 0t3p0t on April 30, 2024, 12:48:41 PM

Yeah exactly. Poor people do gambling more than rich people though there are gambling addicts that were from rich family as well but there were only few of them because majority comes from poor people and one more thing money is not a problem for most rich gamblers since they do have stable source. Based on my observation here in my place that is what the reality is. Regardless of financial status both can gamble even after a huge win.

While it's true that money is not a problem for rich gamblers, you should also remember that there is no limit to how much a man can lose in gambling if he doesn't control his emotions, and considering the fact that rich people has lots of money, then that means they have even more to lose than the poor because they have a steady flow of income, that's why it's possible for gambling to cripple even a rich man financially.

Cryptocurrency Trading / Re: Is there someone successful on day trading with crypto?

« Last post by Gladitorcomeback on Today at 08:35:46 AM »

Quote from: Charles-Tim on May 03, 2024, 02:01:58 PM

All the day traders that I know are losing. You can see them telling you today that they won, they can be telling you many days or weeks that they are winning. But after sometimes they will said that they made a mistake and lost huge amount of money which is more than the money they started using to trade. Trading should not be daily or scalping, it should be for patient people that will know the right time to enter and leave the market.

Such mistakes are made by people entering the market, making a few trades, earning a few bucks, and thinking they have mastered it, and then they will make an investment in some shit coin or meme coin thinking they will earn a lot of profit shortly but they lose their money.

So, of course, trading isn't for the impatient and those who aren't knowledgeable enough about the market. Someone isn't supposed to rush into the market to start trading so that they can start earning money as quickly as possible because only those who take their time and enter the market after learning everything will get success in trading.

Bitcoin News & Updates / Re: Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam

« Last post by LogitechMouse on Today at 08:33:27 AM »

Quote from: TomPluz on Today at 06:44:32 AM

~
Do you think that we should now accept the occurrence of these scams and hacks as very normal in the cryptocurrency industry...and what are the things we can do to protect ourselves from them?

A big yes. There's nothing much that we can do about those irresponsible investors out there. We can feed them information, advice, and guides to secure their funds, but if they're irresponsible, it's pretty much useless.

Yearly, billions and billions of dollars are being scammed and hacked by these hackers and scammers in various ways. Right now, these people are continuously evolving, using different and more attractive ways to lure those newbie investors. Even those old ones that are irresponsible are the ones that will fall into these types of scams. Just imagine half a billion dollars have been stolen in just 1 quarter, and by the end of this year, for sure it will reach a billion dollars.

Like I said, providing information to them would be our best way to help them, but that doesn't mean that they will be 100% proof from these scammers. There's nothing we can do about it, but to accept that there will investors that be either scammed or hacked on a yearly basis. Sometimes, letting them experience for at least one time is helpful because from there, they will learn how to adjust and how to be more secure with their funds.

Basic Questions about Cryptos / Re: Be careful of the coin you invest on.

« Last post by bayu7adi on Today at 08:32:29 AM »

Quote from: Gladitorcomeback on May 05, 2024, 08:35:40 PM

Someone who is new in the market but has just heard a lot about Bitcoin shouldn't make their investment right away, it is essential for them to first gather some information about Bitcoin to at least understand it very well despite knowing how good or how popular it is.

A better step is to have a teacher who can guide you from basic to expert level to understand the world of cryptocurrency and investment. Self-taught self-study is clearly very time-consuming and tiring, it's different if you learn using the help of the right and experienced mentor, some opportunities such as newly released tokens might also be maximized, of course by doing analysis first.

However, it is also necessary to consider that studying with a mentor of course requires a large amount of money, because this involves financial knowledge, where everyone knows that what is being addressed is the economy, so it is natural that the price is not cheap.

Gambling discussion / Re: Is Gambling for All?

« Last post by Dr.Bitcoin_Strange on Today at 08:32:06 AM »

Quote from: emmybd on Today at 12:19:52 AM

If you are experienced or not doesn't matter. In gambling you have to depend on luck. If you are lucky then you can win a big jackpot. If you are experienced all you can do is to be a bit more cautious. So I believe everyone can do gambling but it would be better if they take it as a fun. It is true that you can win occasional jackpot but it is not to be taken as a source of income.

Inasmuch as luck and chance plays a very vital role in gambling, it doesn't mean that's all you need to be a gambler, yeah it's true that at some point in the beginning of every gambler's gambling life, they depended mostly on luck but gradually gained knowledge and experience as they advance. But it wouldn't be completely true to say that luck is all a gambler needs to succeed in gambling.

Besides there are games that need less luck and more knowledge and experience, such as card games like poker or blackjack, your success depends on how knowledgeable you are in that game and what level of skill and experience you've managed to gather in the long run.

Cryptocurrency discussions / Re: If China soon welcomes crypto: strong bullrun?

« Last post by yohananaomi on Today at 08:31:56 AM »

Quote from: Rubel007 on May 02, 2024, 06:58:56 AM

The Chinese government's attitude towards crypto won't change so easily. But if that changes, it could lead to a revolution in cryptocurrency. But what I understand is why crypto is being discouraged in that country. It has now become a diplomatic issue. Since the US has a positive view on crypto, the Chinese government will never take it positively. This is the main problem. But if the Chinese government were to favor its country's miners, the country would benefit the most from crypto and add a new dimension to cryptocurrencies. I hope that the attitude of the government of that country will definitely change in the future.

China has experienced times when it accepted crypto, but due to environmentally damaging mining reasons and other issues, ultimately banned it from being accepted. Maybe it's certain that they want to be able to master or control crypto, especially Bitcoin, but they can't do it and this is a problem in itself for the future of crypto development in their country. So, because their country's system is that power rests with the state, no one will be able to intervene in any decision made by the highest leadership, in contrast to European/US countries which may be flexible in dealing with crypto.
We believe that one day China will be able to accept crypto again, but it's not easy to know when that will happen.

XRP - Ripple Forum / Re: Good News for XRP Supporters

« Last post by enwi on Today at 08:31:12 AM »

Quote from: legend45 on February 11, 2024, 05:22:58 AM

Quote from: koang on February 10, 2024, 09:33:33 PM

Hmm...That doesn't inspire confidence or trust.

XRP is performing very poorly. It seems to keep losing value as time goes on.
And it's incredible how nothing works on XRP. Graphical, technical, and fundamental analysis does not work, nothing!
A dead company with a dead business plan. Ripple, from being loved to the most hated crypto today.

XRP is still recovering mate, He had problem with SEC. I used ripple fory transaction because cheaper. But I didn't hold XRP in my wallet. Because I don't confident XRP price will soar, I have prediction but but I'm not sure it will be achieved

It's true, currently the price movement of XRP is still in the process of recovery, usually looking at the history of last year's halving XRP has an important role because it can increase its price very quickly. I really hope that the XRP price can repeat itself like the bitcoin halving 4 years ago.

XRP - Ripple Forum / Re: Will we have XRP Spot ETF soon?

« Last post by koang on Today at 08:28:44 AM »

Quote from: MrSpasybo on May 07, 2024, 10:21:37 PM

Quote from: koang on May 07, 2024, 04:33:08 AM
“Pessimists sound smart, optimists make money.”
However, this quote only applies when we're talking about Bitcoin.

The Altcoin segment is becoming popular and large because innovation is driving this segment forward.
Everyone is always looking for the next big thing in crypto, but ETH having such a large market cap is not because of luck, just as Bitcoin dropped in dominance due to ETH.
And everyone in the crypto wants to make money, keep tap dancing shoes, and don't get married to any asset is good. but we should put money on the winner. IMO
We will always see many investors choose ALTS instead of BTC or ETH because of the expectation of higher profits in bullrun & altseason, XRP is also one of the options. Believers will wait for Ripple's comeback, while non-believers will look for other opportunities, we have thousands of tokens in the crypto market ^^

Anyway, we still have a lot of time to wait and confirm our own expectations for XRP in this cycle. I also dare not expect the appearance of XRP Spot ETFs right in this cycle, I only hope that news about it can create FOMO and boost the XRP price, bringing profits to those who believe and hold XRP in over the years.

Well, You are a big fan of Ripple, Brad should come here and listen to your advice

Alt season is something we look forward to, and I agree the expected profit on Alt is higher than BTC
I'm not a fan of Ripple but I respect your decision. Time will tell
Thanks for the conversation, This a good conversation. I wish all the best to you.