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Messages - smart_oa
16
« on: May 19, 2022, 06:51:37 PM »
that's true, whales is trader, not investors.
Several big whales will share negative issue or positive issue to manipulate the crypto market.
They will get large profit from this moment.
Okay then what you will say about those people who brought BTC early and till now didn't move a single BTC from their wallets? Many of them still accumulating BTC. They are the investors and major holders. They are not market makers like exchanges who manipulate the market for their personal gains. Be careful about those centralized exchanges.
17
« on: May 19, 2022, 02:35:58 PM »
I have made two mistakes in my crypto journey. In the first start I joined two rounds of QUA Bounty. Which I got paid for. I already sold those tokens at cheap price while later that token made a good jump. The second mistake investing in Terra Luna. i hope Which only I not many people suffer.
What you have said about terra luna is true but the QUA price is not that good I can see how this was your loss? You probably got your token from the bounty campaign so every cent you got from here is your gain. I saw QUA listed in MXC with a lower price than its sale. Later it traded below its listing price which is not a good thing.
18
« on: May 19, 2022, 02:33:02 PM »
I want to invest on Crypto currency on this time. I have some amount so now i want to invest it on cryptocurrency. So tell me which coin will best for investment. As your opinion.
If you really want to keep safe your investment here in this field of business, choosing coins in the crypto space is good if your your reference is coinmarketcap and check at least top 10 altcoins listed this platform, then its up to in which of the top coins is good for you although all of them are good choices in terms of investment especially if your a newbie here only.
From the top 10 coins of the coinmarketcap list, 3 of them are stable coins and one is a meme coin. Those are worthless in terms of financial gains. A stable coin will not increase or decrease value and a meme coin doesn't have any future. Another project from the top 10 is sol which has most of its circulation in the hands of VCs. So only looking for the top 10 will not be a great idea.
19
« on: May 18, 2022, 02:52:55 PM »
I am happy for the Indian people who finally have an alternative payment to fiat but a tax rate of 30% seems to me really exaggerated
Their constitution didn't mention crypto as a currency. They call it a digital asset. It can not be used as an alternative to fiat. Their action is more like collecting money not doing something for cryptocurrencies. A lot of users are from this part of the region but their tax implementation is more like discouraging people from not investing in crypto.
20
« on: May 18, 2022, 02:50:04 PM »
The best strategy is to invest little amount every month and slowly grow your portfolio. Also setting exit strategy in advance so you know when to sell. With this strategy in a period of 5-10years you will get a minimum of x10 of your start investment.
Only 10X in 10 years is not so attractive. If you check the ETH price from the start then you will see it is more than 30kX from its starting price. DCA is good for long-term investment, especially in a bear market like this one but that doesn't mean we have to invest in every coin. For DCA only stick with the top project in coinmarketcap.
21
« on: May 12, 2022, 07:11:25 AM »
Most of the NFTs we are seeing currently are just a bunch of jpeg files. They don't have any use cases. Anime has many fan followers but I do not know how many of them like crypto or are involved in crypto. Other crypto investors don't care about anime. The only thing matter is whether NFT is going to make some money or not.
22
« on: May 12, 2022, 06:39:37 AM »
Feeling very bad because most of the time in that situation I do not have any funds to enter the market. I think most of us have this problem and I think its because we do not have any proper money management in the first place. In a bear market, the best we can do is small little by little, and trade only on news-based projects.
23
« on: May 10, 2022, 06:47:57 PM »
Not until the next halving season. Everything is bearish now and we saw how the crypto market dumped close to 30k. I do not know what will be the ultimate support of BTC for this bear market if it crosses below 30k. A few months ago it seems again 30k will not be possible but I was wrong. It seems we could see 20k also.
24
« on: May 10, 2022, 06:45:48 PM »
Why does ETH need to overtake bitcoin! They are both doing their work pretty well and I can see both have got investor's attention. BTC is a value reserve currency when ETH is the best smart contract provider. They have a different role in the crypto space and they are doing that pretty well so I think we do not need eth to take the place of BTC.
25
« on: May 10, 2022, 06:43:31 PM »
I have tried to play one of that games. After started playing the game, I quickly realize that it is not possible to earn something significant from that platform without investing any money. Most of the time I was killed by other users who have upgraded or unique items. My firepower is less than half of what they have. How you can win and earn from a game that is so uneven!
26
« on: May 10, 2022, 08:50:51 AM »
The Crypto space is still evolving and money circulating here. So new coin is needed for investors to be in crypto otherwise investors will lose interest in it. A new idea means development and development needs funds to raise which is mostly done through a new token from that existing project. Just be aware of the copycat project.
27
« on: May 10, 2022, 08:48:02 AM »
I can say blockchain technology could be used in every sector of human life but not sure about crypto because the world is not ready for mass adoption of crypto. There are still places where the touch of digitalization is not yet available. But paper cash will cease to exist and digital currency will emerge but the concerning word is where crypto will be in that circumstance.
28
« on: May 10, 2022, 08:42:10 AM »
There are certain reasons why govt do not want to give crypto the status of a currency. Mostly they are blaming that money laundering will be easy through crypto but the main reason is govt will have little influence over their people's funds. They will not be able to freeze someone's funds if they want to and in my opinion, this is the reason behind their disagreement.
29
« on: May 09, 2022, 05:08:27 PM »
As long as crypto has value to the community it will be traded widely. We have seen how the crypto market jumped from a few billion to a few trillion. There is a very high chance that it will compete with a gold market cap in a few decades if crypto survives that long. Now it looks like a fantasy but just thinks anyone thought just there will be something like crypto before 2010?
30
« on: May 09, 2022, 05:05:38 PM »
Meme hype began with Elon promoting one of the first meme coin doges. Elon and his doge are the reason why other meme coins like Shiba inu got so much attention from the crypto community. After that, it just boomed and we saw so many copycat meme projects most of them have no use-case and future. Their only offer was high apy which didn't work out for long.
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