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Messages - legend45

Pages: [1] 2 3 ... 119
1
There is a risk of asset loss if you store it on an exchange, although it is equally high as on a crypto independent wallet. Literally, you should be in favor of changing the place of your money because of that same risk, but if you are in such a dilemma, then leave it as soon as possible if someone steals it from you.
I also keep assets on the exchange, because I am a trader. but I always monitor my wallet and try to guard it. We cannot say that it is dangerous to store assets on an exchange, if we store them on a reputable exchange like Binance it is safe. But it all depends on your beliefs and considerations, if you are in doubt about exchanging, keep your assets in your personal wallet

2
Dogecoin Forum / Re: DOGE for Tesla
« on: April 25, 2024, 04:00:06 PM »
Yes, that's Elon who has the advantage of doing everything, by combining everything into his business where, as long as it is profitable, it will be done.
But I don't have confidence that Elon will use doge for his real business interests.
After Tesla, the current X will be used for its own purposes, by providing the opportunity for Doge to become a means of payment.
Elon has done his business well and will continue to do all the issues to increase the desired prestige.
Elon is a businessman, he only makes a profit from everything he does. And what was done in the past by tweeting about Doge to make the price of Doge rise and become more popular was the intervention of Elon Musk, influencing many people.

3
We are once again at a weekly green period, doesn't mean that its back to where it was, just means that we are doing better right now. I personally believe that the best we can do at this moment could be a situation where we could make some profit, of course that will not be simple and will take time but we could probably see it grow even further. Just because its not at a point where we are happy with it, doesn't mean that it didn't get any better, I believe that while it may not be where we want it to be, its still better than last week so that should be something that should give us some hope.
The market is red again, friends. So stay patient and wait while we wait for the market, we can do research on several coins that still have the potential to be purchased. Because it is possible that at the end of this year we will see a bullish season after the bitcoin halving

4
Dogecoin Forum / Re: Will Dogecoin Ever Reach $100?
« on: April 25, 2024, 03:56:00 PM »
As far as I know, Tesla payments using Doge have been discussed, but currently there is a rush for X to use Doge for payments. But will it have an impact? I don't think it's that easy. Besides, there will be direct intervention from Elon to Doge by buying it and developing it. Maybe it will be different. But as a business executive, he doesn't want to do it that easily because he will carefully calculate what profits he will get. I don't see any urgency for him to make his own coin, which will of course, cost a lot of money. It's better if he intervenes in a coin that is already running well and is well known.
what I heard was also like that, there was talk that Tesla would allow doge as a means of payment and also X, but I don't know whether this has an impact or not, because I see the movement of doge is still like this. I prefer doge to be a hold coin, but not in large amounts

5
Binance Coin (BNB) / Re: BNB prices will go up
« on: April 25, 2024, 03:46:50 PM »
Not only manipulation, but unfavorable news can also influence it and everything cannot be avoided, and that is the law of economics, where the big ones will be able to arrange everything for interests that can be profitable. But it must be remembered that the market also plays an active role in being able to break everything if done together and simultaneously.
But if countries cannot accept bitcoin, it is more because regulations do not yet exist and cannot control it, because bitcoin cannot be intervened by institutions, because it moves due to trade.
And this is the government's consideration for not allowing bitcoin as a payment method, because bitcoin cannot be controlled.
and as you said whales can manipulate the market with news, if they intend to make the market fall by spreading bad news, and vice versa

6
Ethereum Forum / Re: Will we really see an Ethereum ETF?
« on: April 23, 2024, 07:43:38 PM »


more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
Everyone hopes that the ethereum ETF will be approved, because this will have an impact on the price of ethereum, but it seems that the SEC has not yet decided on this.
If JP Moregan was attracted by Buterin's invitation, and invested there. What I hope is that with this, the Ethereum Team will immediately solve the problem in its project, namely high gas fees

oh god, maybe many would like his approval including me
However, some bitcoin maximalists frown upon this as they do not consider Ethereum to be a truly decentralized currency and see its adoption as a privacy threat.
I am anxiously awaiting the release of the Ethereum ETF
We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity

7
The Ethereum team should immediately improve its network so that its gas fees can be lower to compete with competitors such as Binance Smart Chain and Solana. but that's how progress is, the new can be cheaper and faster but it's hard to beat the popularity of the old.
The Ethereum team is fixing a more serious problem than fixing network fees which are currently increasing, as developers have realized that transaction fees can go down when transactions are not busy.
Meaning transaction fees are not that serious matter to Ethereum team?because if what you said is they are not giving priority to the fees then they are just letting users to Cross another altcoins.
And besides where did you find this statement?are they released a proper word about this or just a mind thinking of you?
I think high gas fees are a serious problem that must be resolved, because as we know, many other networks offer lower gas fees and better transaction speeds. If high gas fees are not a serious problem? Is ethereum ready to lose its users? Hopefully our discussion will be heard by the ethereum team, so that they can immediately improve their project

8
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: April 23, 2024, 07:36:22 PM »
Cryptocurrency is a complex and evolving field, and its reliability can vary depending on several factors.

Volatility: Cryptocurrencies are known for their extreme volatility. While some investors have made significant profits, others have experienced substantial losses.
Risk Management: For those who understand how to manage risk, cryptocurrencies could present opportunities. It’s suggested that only a small portion of a portfolio be allocated to cryptocurrencies, such as 5% to 10% for alternative assets.
Established Cryptocurrencies: Bitcoin and Ethereum, being the largest by market capitalization, are considered more established and potentially safer bets compared to newer cryptocurrencies.
I agree with your comments about volatility and risk management. about volatility, this is the basic nature of crypo that changes but from this we can profit. and risk management is our ability to manage risk, by minimizing losses and increasing our profits in investing in crypto

9
Yeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.
This is what makes Binance remain an exchange with a very high daily trading volume. Binance is a pioneer for many developing projects. When a new project enters the Binance market, the trading volume of this new project will increase very sharply.
Binance is the biggest exchange at the moment and many people use Binanace as an exchange for daily trading. I also use binance and kucoin for trading. Even though I am not a professional trader, I still have a lot to learn to become a professional

10
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: April 20, 2024, 06:12:31 AM »
Holding is exactly a secure way of earning but for holding knowledge is also necessary and sometimes people want to hold longer but they have no idea that at which price they have to sell so for this purpose they have to choose an exact value in their mind which can minimize their stress as well as greediness.
At least we also need to know the basics so that holding can be successful, because even though the task is only easy, if the strategy used is wrong, it could make someone lose money. Long-term holding should also not involve emotions, because I think many will be easily influenced by market conditions, when there are significant price changes in a short time.

Apart from that, money management and purchasing management and sales strategies must also be considered. Never hold if you don't have a target. That will only lead someone to their greedy nature.
yeah I agree don't hold if you don't have a target, we can hold coins for the long term but buy when bearish and hold until bullish, we don't need to panic because the character of crypto is volatile. If it goes down tomorrow or the next day it could go up again.
For medium term holders they have a 4 year sales target, but for large investors who have a 10 year target, they will not panic when they see the market. and the target will be very high, maybe above $200K. I am a short and medium term holder, so my target is to sell bitcoin at $80K

11
Cryptocurrency Trading / Re: Do not neglect fundamental analysis.
« on: April 20, 2024, 06:10:09 AM »

The bull run made many cryptocurrency observers very happy because all the predictions of price increases that they made were mostly realized, but for now it seems like they are entering a bearish season where many cryptocurrency prices will fall to their basic prices again.
I don't think that this is a bearish season, in my opinion this is just a correction and the price of bitcoin will rise again soon. So the analysis used to look at Bitcoin and the current market should be focused on next year, because the bullish season is expected to occur next year.

12
Bitcoin Forum / Re: Future of Bitcoin
« on: April 20, 2024, 06:08:14 AM »
Now a day Bitcoin is a most valuable coin in the world. Some time it may lose its value but end of the day we see that it has risen very high.  so never need to be frustrated rather who looks forward must stay with Bitcon. I think it has a great future.
Don't worry, bitcoin will remain the best digital currency for the next 20 years because bitcoin will definitely run out of supply and will make bitcoin increasingly difficult to find. With the technology that bitcoin has, it is very useful for the future so I am sure that bitcoin in the future will be very expensive.
Bitcoin will remain a digital currency that is of interest to many investors, maybe in the next 10 or 20 years the price of bitcoin will be really expensive. As many members here predict Bitcoin will have a bright future, it looks like that will happen
I never think about bitcoin 10-20 years into the future, I only think about bitcoin in a 4 year cycle. As I am currently focused on next year's bullish season, I am currently hunting for several potential altcoins to hold.

13

That's right, Bitcoin is currently collapsing and preparing to enter a bearish season, which will be widely used by whales and investors to buy bitcoin at cheap prices. Keep waiting until the price of bitcoin reaches $20k again and we can buy as much bitcoin as you want.
the price of bitcoin goes up again, you wait for the price of bitcoin to fall to $20K, when do you think that will happen? because it seems that bitcoin will get stronger until next year. Shouldn't you use your money to buy altcoins when a correction occurs? because in my opinion bitcoin dropping to $20K is very unlikely to happen this year

14
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: April 20, 2024, 06:04:24 AM »
OP, I think that people invest in Bitcoin according to when they have the money they can afford to lose. Some people can find themselves lucky to invest in bitcoin when the price is low side and some invest when the price is high side due to that's when they have the funds to invest in bitcoin. In whichever way, whether the investor bought a low price or high price since their intention is hodl for long, they are in for profits in the future
Agree, not many people dare to decide to invest in bitcoin because so far bitcoin has had unstable price movements, as is currently happening, the price of bitcoin has collapsed and made many people panic. Investors will buy at whatever price bitcoin is available, but I think we should buy bitcoin at a cheap price even though it takes too long to wait for bitcoin to fall to the bottom price again.
of course we buy bitcoin during a cheap, bearish season and keep holding it for the long term. Many investors do that, they will hold it for 3 years, then sell it during the bullish season.

15
Ethereum Forum / Re: Reason why you hold Ethereum
« on: April 20, 2024, 12:22:34 AM »
I do not hold Ethereum because I  couldn't gain Ethereum previously. If I earn Ethereum I must hold it because it is a very valuable and sustainable coin in the crypto currency world. When crypto currency face bad situation, then Ethjereum lose its value but later it comes its real position and now it has become most popular coin. so I support it and I wish its bright future

Getting ETH doesn't have to be in a large amount, just like BTC, we can get it in an amount that we can afford, even with 10$ we can save ETH, so what are you waiting for? Optimize your ETH assets in the upcoming bull run session in the near future.
that's right, we can buy bitcoin and ethereum according to the money we have, even if it's only $10, because the exchange doesn't require us to buy large amounts. Buy and invest according to our abilities. Because we can start with small money and buy gradually so that our assets become large.

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