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Messages - DashaShefer

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1
NFTs & Collectibles / Tips on how to promote your NFTs
« on: January 16, 2022, 10:55:54 PM »
8 Useful Tips on How to Promote Your Art in the NFT Industry

Some people call it ‘a craze that will pass soon’ when someone else is excited and involved in this new trend. The NFT industry significantly exploded the world. This is a milestone in the development of art, culture, and the world, in general. Moreover, this is a great chance for many artists to come to the spotlight and significantly change their lives.

For example, the most Mike Winkelmann, the digital artist known as Beeple, had ever sold a print for was $100. Today, an NFT of his work sold for $69 million at Christie’s. The sale positions him “among the top three most valuable living artists,” according to the auction house.

Saniya Moore, who reports on cryptocurrency for the online digital asset news site “The Block,” said NFTs may be successful because they give a face to the binary world of cryptocurrency. “A lot of people forget that behind every crypto project, there is a human,” Moore noted.

In addition, Facebook Financial head David Marcus revealed that Novi has plans to get involved in the blossoming NFT space. He also added that: “There is a team of people that are trying to do something. NFTs have really shown the human side of crypto and blockchain technology.”

The NFT market welcomes all artists: from world-famous with a million audience on social media channels to beginners without community. A lot of creators release their NFT collections or separate artworks every day. We believe that you are a great artist and your artworks are unique, but sometimes it’s not enough to grab the attention. Find out everything that you should consider while promoting your art in the digital segment.
 
What Should You Prepare in Advance?
  • Show your unique style to attract art lovers, and make your NFT a virtual treasure hunt. Remember that the most prominent pieces of art grab the attention of the biggest art galleries and aesthetes. Like the 20-year hunt for a stolen Picasso painting “Buste de Femme”. They were ready to take part in this long-lasting but attractive journey.
  • It should be an adaptation from the offline world of art and collectables. So, if your customer owns a digital version of original art created by a recognized artist, the value of that artwork on the market is dependent on the owner’s ability to prove authenticity. You will be able to meet this requirement by allowing for definitive pedigree, easily producible and incontrovertible evidence that the work is authentic.
  • It is a good place for well-known artists. So, you will be able to widen the list of your loyal customers.
  • First impressions matter! Whether you are creating unique designs and sending surprise perks, and having top-notch customer service, there are wonderful ways to impress and entice your customers.
  • Watching your art is the first hands-on experience many buyers will have with your brand, so make it exciting and memorable. Give them something to talk about! Taking time to create an eye-catchy, unique page makes your customers feel that much more valued. Take a look at the way other artists make their pages.

NFT Marketing: Show Yourself
 
#1: PR Activities
NFT promises to change the world of art as we know it. However, in order to do that, artists need a solid PR strategy to get off the ground and make a name for themselves.
The main tool in NFT marketing is media publishing. Successful brands in any industry know how to get benefits from the media to their advantage for marketing, public relations, and attracting new clients.
Since NFT has been categorized as a new technology, artists have to use PR tactics to stand out from their competitors. They have to adopt less formal methods of communicating with clients, seeking more simple and more authentic means of engagement.
Artists need to look to crypto-friendly sites like Cointelegraph, Forklog, Yahoo News to get their message out there. In addition to joining crypto-friendly sites, these projects rely on using different types of content like guest post articles, press releases, and interviews to generate backlinks and build a reputation. Submitting PR articles to crypto communities gives a company a higher chance to broaden its reach.
 
#2: Listing Your NFT
In the crypto world, there are already many marketplaces where various NFT projects can sell their tokens. They have different conditions, so try to choose the ones that will fit you and the features of your project. NFTs cannot be directly sold or bought between the participants and are spread out across numerous different types of platforms.
There are already marketplaces where various NFT projects can sell their ideas and tokens. They are diverse, so try to choose the ones that will fit the features of your project.
Among them are:
    Calendars
    • NFTCalendar
    • NFT Project List
    • NFTCatalog
    Platforms
    • OpenSea
    • SuperRare
    • Rarible
These platforms are great sources for NFT collectors who do not need to rush from one marketplace to another to discover the greatest releases.
All you need to do is to fill in the form with the main details of your product, mention everything your potential audience should know about you and your artworks. It takes just a few minutes. So, your information encourages search engines to show your website to visitors more often.
Stimulate your potential audience on these platforms through airdrops and giveaways. They will like, add to their favourites and spread the word about your art.
Make a video to promote yourself and your artworks to build a loyal group of followers and buyers.
 
#3: Conferences and NFT Events
The last year has seen more online events than ever before. Some are two-hour webinars. Others are multi-day virtual conferences.
You can stay tuned for the latest events for artists and investors. So, you can join a creative community, find like-minded participants and investors:
  • NFT NYC
  • The Global NFT Summit

Active marketing
#4: SMM: Let Your Voice Be Heard

Be sure to work on your social networks. It would be ideal for conducting them in such a style that some posts become viral. NFT is not only about people who are well versed in crypto but also for a general audience. It would be good to introduce explanatory posts so that people understand why they have to pay something for some digital image/piece and what its real value is.

#5: Migrate to Twitter
Sales depend on the links to the next auctions being widely shared and people being directed straight to the gallery–using “link in bio” just isn’t effective enough. As Twitter allows users to share links, it has become the go-to platform for spreading the word about crypto art sales.
While, previously, the arty world didn’t consider Twitter to be a very visual platform, many have since discovered that it can provide an even better way to exhibit work than Instagram.
Twitter works wonders for presenting a series, a format that seems to be being well received in the current market.
Another possibility that Twitter offers is the feedback: sharing and retweeting the work of other artists helps to create a community and network.
 
#6: Collaboration With YouTube Influencers
The easiest way to stay involved in the blockchain & NFT community is to follow and support NFT influencers on YouTube.
YouTube provides space for influencers to deep dive into topics like NFT analysis and to give detailed reviews on the latest trends. All we can say is that YouTube is a massive hub of content related to NFT. It is crammed with a growing number of channels discussing this theme. Leaders have created deeply engaged and loyal communities based on their YouTube channels.
These content creators are always pumping out great videos to entertain and educate investors.
These influencers can affect serious change in the NFT market. When prominent voices, they can prompt followers to participate in auctions. Because the segment expands each day, there will most likely be many more YouTube crypto channels to pick from in the immediate future. Therefore, it gets incredibly vital to add this media channel to your strategy to make your art popular.
Are you looking for the best NFT YouTube channels? Not only this but examples of several bloggers you should pay close attention to:
  • Coin Bureau
  • CryptoStache
  • NFT Verse

#7: Advertisements
While you are busy promoting your NFT, think parallelly about your promotion strategy to make it successful than one of the competitors! A good online marketing campaign with clear and open communication can do wonders and help differentiate yourself in the jungle of thousands of creative individuals.
You would have to work to find some vital steps to motivate the purchase of your NFT. Whether your art is attractive enough, you will need a robust promotion tactic.
Digital advertising is a great tool today to pour your resources. Do not hesitate to include it. So, it will help you considerably in finding investors for your art and bring up to 5k users per day to your website from major platforms with paid advertisements and media.
The more potential investors and the community know about you, the more likely it is that they will invest.
 
#8: Pay Close Attention to the Chinese Market
NFTs are catching on in China. The blockchain-based digital asset industry involving non-fungible tokens (NFT) has grown rapidly this year in China, with domestic leading players such as Alibaba and Tencent betting big on this sphere. This summer, Alibaba Group of China has launched a non-fungible token (NFT) marketplace, expanding the NFT sector rapidly.
According to Global Times, an industry insider who spoke on condition of anonymity noticed that: “Discussions around NFTs are extensive not only in the blockchain industry this year but also in venture capital and tech circles. Artists are rushing to develop digital works of art, hot money is flowing in, and we’re seeing explosive growth”.

So, if you are ready to join this wild ride and enter the market, today is the right moment. Contact ICODA right now, and start your prosperous and creative journey with ICODA in the NFT sphere.
Source: https://icoda.io

2
PancakeSwap is a platform that allows companies to borrow a necessary amount of money in crypto and investors to earn passive income, for example, by using yield farming.
 
More About PancakeSwap Yield Farming
PancakeSwap is a decentralized exchange that acts as an automated intermediary between users. When a transaction is made, an open smart contract is created for LP tokens and stored on an available blockchain. This approach allows to recreate a full copy of a service in case of any failure and not to lose any information about client balances.
Pancake runs on Binance, using an ETH-compatible blockchain known as SmartChain (BSC), and the BEP-20 token is linked to ERC-20, an Ethereum token. Moreover, the BEP-20 protocol allows users to convert LP tokens of the Tron network and, therefore, to trade wrapped Bitcoin.
The exchange provides liquidity by using an automated market maker (AMM) model. Users lock tokens in pools and receive rewards. Farm on PancakeSwap offers low fees and high-interest rates up to 400% a year.
All actions are available both on the platform’s app and the official website.
There is also a detailed guide for new users in 28 languages and a Help section.




How to Get Started?
 


Earning money on this exchange is extremely easy. Before you make your first investment, you need to go through three simple steps.
 
Create a wallet on your computer or smartphone. The platform recommends using either Trust Wallet or Binance Wallet, but you can also use MetaMask (though some additional settings will need to be adjusted). WalletConnect, MathWallet, TokenPocket, SafePal, and Coin98 are also available.
You will need LP tokens of the exchange. Purchase BEP-20 tokens which are necessary to pay for transaction fees and to convert other tokens into the ones compatible with the platform. The easiest way to do this is to use the Binance exchange if you are already a client and have some cryptocurrency deposited in your account. You can also use SafePal to swap directly from your wallet. As an alternative, you can use the Binance Bridge service.
Connect your wallet to Pancake. In Trust Wallet, the list of available blockchains is displayed in the dApps menu of the Exchanges section. In MetaMask, you will need to go to settings and enter additional information in the Networks section.



After you connect to the BSC Mainnet network, your wallet will detect the Binance SmartChain.
 
The platform offers various services, including the following:
  • Prediction allows users to predict the price of LP tokens of Binance BNB relative to the US dollar. The bank is distributed among the winners.
  • Collectibles (NFT) is a new function that offers users to buy NFTs and use them as avatars. The most active users receive rewards.
  • Team Battle is another source of passive income, where members of a winning team receive extra financial rewards or NFTs.
  • Syrup Pools are considered to be the easiest way to earn interest. It requires simply setting up Cake LP tokens with high yield rewards. Users can choose between an automatic and a manual mode.


  • Farm on PancakeSwap offers higher profitability compared to Syrup Pools. However, it is also associated with higher risks due to impermanent loss. Still, strategic stake LPs (for example, pair Cake BNB)  can help clients multiply their assets.
  • You can swap tokens without a centralized intermediary directly in your wallet.


What Is a Yield Farm?

Farm on PancakeSwap is based on a popular passive income method known as «yield farm». It allows users to earn money by providing liquidity to DeFi services. The dividends are made up of two main components:
  • Trading fees for the liquidity pool.
  • Rewards for adding liquidity.

The exchange provides LP tokens (in the case of Pancake — Cake tokens) for each liquidity pool. By exchanging their own tokens for LP tokens, a user is rewarded with a share in a pool. The higher the Total Value Locked, the lower the returns. When many users add liquidity to one pool, the interest rate of each participant decreases.
 
Yield Farming on Pancake
To get income, you need to make a stake LP in the liquidity pool for two different tokens in a 50/50 ratio. You will be rewarded with Cake tokens which can be staked in Syrup Pools or withdrawn by converting into fiat money.
You can analyze active liquidity pools and their interest rate (APR) directly on the website. Cake BNB offers the highest liquidity, but the returns are not that high.



You should pay attention not only to the interest rate but also to the liquidity, which indicates the demand for the tokens you have chosen.
In order to stake LP tokens, choose a pair of tokens (for example, Cake BNB) and click on the Get link.



After that, buy the LP tokens of the chosen pair. The system will suggest the number of each type of token necessary to obtain a balanced ratio.
In the Liquidity tab, you can add liquidity in order to obtain Cake tokens that represent your share in the pool. In the Farms tab, click “Stake LP” in order to confirm a stake and add it to a smart contract. Rewards are accrued every 3 seconds. Another advantage is that you can withdraw your assets any time, but you will have to pay a fee.



Benefits of Pancake
As any other DEX, PancakeSwap has the following benefits:
  • There is no point in hacking the system since there is no single entry point with asset and finance data.
  • The system ensures the complete anonymity of its users without the need to enter personal data for registration.
  • There are no managers and intermediaries who could have some financial interest in manipulating the prices.
  • The distributed architecture protects users from authorities that can neither block the system nor freeze accounts.

The higher popularity of the platform compared to other systems is due to the low transaction fees and the option of trading directly from the wallet.
The official website offers several security audit options, including Certik, Slowmist, and PeckShield Prediction V2.



According to user reviews, there is no risk that such a popular exchange officially linked to Binance could be a scam.
 
The Risks of Yield Farm
The main risk of «yield farm» on Pancake and of the DeFi sphere, in general, is the impermanent loss. Cryptocurrencies are highly volatile, and the price of LP tokens can change even after they are added to a liquidity pool. Higher fluctuations mean higher losses.
The liquidity in a pool is constant, with only the ratio of assets changing. The number of cheaper tokens increases, the number of the more expensive tokens decreases. A user providing liquidity has a share in the pool and withdraws the assets in proportion to this share. Therefore, the user will receive fewer of the more expensive tokens and more of the cheaper tokens. If the price difference is too great, the losses may not be covered by the dividends.
However, most often, the fees compensate for the losses and cover the impermanent loss. This is why it is important to choose pairs that are unlikely to leave the market since you are bound to lose money in this situation. The most popular option for the farm on PancakeSwap is LP tokens Cake BNB.
Binance offers the following calculations.



Users should take into account that the impermanent loss does not depend on whether the price increases or decreases. Any change over time leads to losses.
Another risk is related to the decrease in the price of LP tokens. The price chart of Cake tokens with CoinMarketCap shows that Cake is volatile, but the variations of its price do not exceed 10$.



Conclusions
Yield farming gets mixed reviews from financial experts. Many critics qualify it as usury, claiming that users simply provide loans with high-interest rates. However, as shown by the statistics, users are willing to take on certain risks in order to achieve high profitability. DeBank ranking platform estimates the growth of the total value locked at $72 billion in the last year, from $2 billion in 2020 to $72 billion in 2021.
There are no alternatives to «yield farm» in the traditional financial system, as it offers users to add liquidity in order to support the underlying blockchain of their cryptocurrency. It means that the ecosystem is based entirely on clients rather than government solutions. Such voluntary participation is rewarded generously. The fact that Cake BNB is the most popular pair proves that users are willing to support DEX Pancake. The demand for cryptocurrencies is generated by companies that implement complex trading strategies. They use yield farming to obtain common equity.
«Yield farm» is a prominent solution to earn passive income even for those who are not experts in digital assets.

Source: https://icoda.io/blog/pancakeswap-yield-farming-for-a-passive-income/

Feel free to share your experience regarding Yield Farming and, overall, working with PancakeSwap. Always glad to discuss crypto-related topics with like-minded people :)

3
Polygon MATIC Forum / Re: Have you already tried Polygon Yield Farming?
« on: January 14, 2022, 11:52:12 AM »
I have some polygon just lying around and would be glad to see it earning a passive income i was wondering if there are any trustless platforms than i can put on loan at in a trustless contract for example for those that work with leverage
I would recommend to take a look at Instadapp  ;)

4
Polygon MATIC Forum / Have you already tried Polygon Yield Farming?
« on: January 13, 2022, 09:15:17 PM »
What Is Yield Farming?
Yield farming is a way to get rewards and profit from your cryptocurrency assets by protecting them on the DeFi platform.
On most platforms, users place their assets in liquidity pools or place their assets using smart contracts. In exchange for providing liquidity to the platform through their assets, rewards and returns are generated in the form of a currency-denominated token or the platform’s own DeFi token.
Most popular Polygon profit farms use an automated market maker Model (AMM), in which assets can be traded automatically without permits, using liquidity pools instead of the traditional buyer and seller market.



What Is Polygon?
Polygon (Matic Network was the first name of the project) is a sidechain or a subsidiary of the Ethereum blockchain, created to speed up the work of decentralized applications and smart contracts. Polygon has recently become very popular in the DeFi space. Especially for platforms and protocols built on the basis of Ethereum. Polygon has many advantages for its users. For example, such as:
  • Higher yields due to the relative infancy of the network.
  • Instant completion of transactions.

Polygon MATIC is also an ERC-20 standard token, so it can be stored on any Ethereum wallet, including Eidoo and Metamask.


Top 5 Projects With High Yields
 
QuickSwap



QuickSwap ranks first in our ranking of farms (yield farm) with the highest yields in Polygon. QuickSwap is the leading DEX and AMM in the Polygon network. This is a fork of Uniswap, the leading Ethereum-based DEX.
At the moment of writing the article, he has about $ 500 million in TVL and assets locked in liquidity pools, and due to the growing popularity of Polygon, this number will undoubtedly increase after further adaptation. Since launching in February 2021, QuickSwap has attracted a large amount of liquidity and volume to its platform, which made this site one of the largest in the industry.


Aave



Aave is a non-custodial liquidity protocol that specializes in lending and borrowing assets. In Aave, clients can deposit their assets as collateral and “borrow” funds through deposits in Aave and have high returns from this.
Wave allows users to borrow and borrow 20 leading cryptocurrencies, attracting most of the investors seeking to maximize the profitability of their assets. Another advantage for users is that borrowers on Aave can alternate fixed and variable interest rates. It allows you to get even more profitability from transactions.
Aave is actively used by farmers to harvest crops at Polygon and is the most popular yield farming DeFi platform at Polygon, providing about $8 billion of collective assets at Aave.


SushiSwap




SushiSwap is known primarily for its DEX but has recently expanded its range of lending applications, betting, and Yield farming solutions. Originally a fork of Uniswap, SushiSwap has grown significantly since then and remains one of the most popular Polygon harvesting farms for both beginners and experienced DeFi users.
Their network integration with Polygon was launched in late spring, and since then, TVL and Polygon volume on SushiSwap have grown significantly. The volume of Polygon assets on SushiSwap is approaching $1 billion.
At the same time, leading assets such as BTC, ETH, and stable coins provide generous rewards for profitability through their liquidity pools. They also recently released BentoBox, a lending and borrowing platform that provides highly competitive returns on popular assets and stable coin pairs.
 
 
Polycat Finance



Polycat Finance is another highly profitable yield farm on Polygon. It is a value-oriented, economically sustainable yield aggregator at Polygon. Their yield farming options include various liquidity pools from external platforms such as Aave, SushiSwap, and QuickSwap, and provide data in their native FISH token.
Their vaults and farms have about $240 million in TVL on their platform. It’s also worth noting that due to a large number of pools available, DeFi users on Polygon have many options for depositing their assets and getting the best returns.
 
 
DFYN



DFYN is the yield farm with the highest yield on the landfill. This is a community-driven DeFi project that offers low-fee AMM exchange as well as crop-growing opportunities. DFYN wants to create an interconnected AMM with nodes located in different blockchains. This will allow DFYN to be a multi-chain AMM and distribute liquidity across multiple chains.
Their yield farming options include vaults that allow users to lock their DFYN tokens for a certain period and farms that offer extremely competitive returns from leading assets. The yield is paid in their native DFYN token. Currently, they have about $200 million of liquidity blocked on the platform.
 
Results
As the DeFi space continues to grow, there will naturally be new high-yield farming options as more and more investors seek to use their assets efficiently and maximize their profits. It is worth noting that more and more projects are appearing in the Polygon ecosystem, but the yield growth shows no signs of slowing down for both retail players and veterans.
It is worth noting that crime is also growing with the expansion of the market. So you should be more careful when choosing a project for farming. The platforms listed above are absolutely safe and time-tested, so they can be trusted.
However, it is worth noting that it is possible to lose your capital even in the farming market. That is why you should invest only those funds that you are ready to lose.
This list of the 5 best yield farming projects will suit everyone. The movement of yield farming, according to experts, will continue to grow and develop soon. That is why you should pay attention to yield farming and stay in the trend.

Source: https://icoda.io/blog/polygon-yield-farming/

Guys, share your thoughts: have you ever tried Yield Farming? If yes, which projects did you choose? Do you like it? Would be glad to discuss this topic!

5
Cryptocurrency discussions / Re: which crypt is now profitable to invest?
« on: December 27, 2021, 11:33:42 AM »
guys, what would you say about Solana, Tron and Polygon tokens? Is it worth investing in them now? Also, I'm looking at Polkadot and Luna, but not sure about these ones yet.

6
Hey guys!
I'm currently looking for the best tokens I can invest now and holdl for a while. It would be really nice to hear your thoughts and recommendations on this topic. The only thing is that I don't really trust the new and not time-tested projects, so please share the well-established ones. Thanks!!

7
ERC-20 Token. Brief Review
Ethereum ERC-20 tokens are coins of third-party projects that work on the Ethereum blockchain. They are based on the ether network, use its power to conduct transactions, support its addresses and wallets, but at the same time have their own tickers, issue, rate and value. For example, although EOS is an ERC20 token, it boasts a capitalization of $ 11.5 billion, which is more than the absolute majority of independent cryptocurrencies that are mined by mining.



Most often, ERC-20 tokens are issued during the ICO in order to attract funding from investors (the token generation process is called TGE, from Token Generation Event). Projects issue a certain number of coins and sell them to everyone for bitcoins or ethers. It turns out something like startup shares or certificates confirming ownership of the asset. In addition, tokens can also act as an internal currency within the application system, individual stake coins, bonuses in the loyalty program, etc.

It should be understood that although ERC-20 tokens work on the ether blockchain, this does not mean that they will necessarily go on the stock exchange and increase in price by thousands of percent. Yes, of course, there are very promising projects with great potential and a great team that have a great future and can shoot. But there are also absolute shitcoins that are created to collect millions from investors and disappear into the night. Therefore, you need to be careful.

Making an ERC20 Token
Creating an ERC20 token and conducting an ICO is definitely not a rocket science task.
Preparing for the ICO, you should understand that the ICO is a pure marketing event. If you think that you will need a staff of programmers to conduct it, it’s a serious mistake. You’ll need marketing staff, as well as a normal amount of currency, to attract public attention. Yes, there are ICOs that happened without serious investments (due to their idea/experience/connections), but let’s not flatter ourselves with hopes and deceit — to collect a million dollars, you will have to invest thousands of dollars in ICO.

There are many ways to create your token. The simplest and the most popular are:
  • Go to Waves/Cryptonotestarter (or analogues) and release your coin in 1 minute right in the interface.
  • Solidity/Pyethereum (Ethereum-based token). Using the knowledge and/or the ERC20 smart coin writing standard (in fact, the source code of the coin with many blackjack variants) to sign a contract.To launch your token, you need to take the source code of the ERC20 token, change a couple of lines and upload the contract to the network by one of the clients (of.client Ethereum / Metamask / etc).

To Issue an ERC20 Standard Token, You Need:

Step 1
  • choose a name, for example Best Coin
  • choose a symbol, let’s make it BEC
  • choose the number of ethereum based tokens, it is unchanged, for example 10,000
  • choose whether the tokens will be divided, if so, how many decimal places will be the maximum
If you trust the community, you can use the utilities — this or others. The problem with such services is that they do not provide source code, only byte code. Therefore, there is no confidence in their purity. But most often, such things are written by guys with a name, so you can still trust it.
 
Step 2

Deploy the Token
Enter this data into the smart contract available by the link. Download both .sol files. Go to the remix editor. Download both files.


 
Files are loaded with the Load(Open) button. Select both files.
Open NewToken.sol, put the necessary values in <brackets> instead of variables:
 
  • totalSupply — total number of tokens
  • name — the full name of the token
  • decimal — the number of zacks after the decimal point. The fact is that in contracts, everything is stored only in integers. Therefore, you should specify the number of characters if you want to be able to credit a non-integer number of tokens.
  • Symbol — a symbol for exchanges
  • Buy ads
  • Unplug

It should turn out something like this:



Save it. It remains to upload the contract to the network. Read about the following steps and learn more about ERC-20 tokens: https://icoda.io/blog/15-minutes-guide-to-creating-an-erc20-token-based-on-ethereum/

8
They've already spoken about banning a different kind of things and actually tried to exclude a lot of stuff there, although it wasn't successful at all. So I suggest they strongly dislike the idea of having zero control of crypto, and that's the reason they want to shut it down in Russia. Due to the decentralisation of crypto, it will be pretty hard to ban it. I believe people will find a way to overcome the restrictions anyway. 

9
Anyone who is knowing with Cryptocurrency and wants to learn about it I'm sure they will get a chance to change their life. 
Because it is true that Cryptocurrency is a modern technology that has great potential, there is a great opportunity to improve our lives.
I love crypto as it gives me complete freedom of my actions and a lot of new knowledge. With the appearance of the whole industry, I've learned so many new things, and it's so exciting. I've opened the world of investing and trading and started to earn more than ever before. So crypto is a game-changer nowadays.

10
What I've learnt is to always research the project before investing in it. And yes, I would anyway not recommend newbies invest in the new projects. It's better to start from something well-established with a good reputation. It will probably not give an unbelievable amount of money the new ones are promising (aka to the moon), but it will help you understand how the crypto world works and what to pay attention to when choosing where to invest. So returning to the topic, yes, it's pretty risky to invest in new projects, but sometimes it is worth the effort and pays you back.

11
Cryptocurrency discussions / Re: Do you believe in Metaverse trend?
« on: December 20, 2021, 05:53:28 PM »
ok, so you definitely made the right decision. Metaverse now is developing extremely quickly, and there's a great future ahead of it. Zuckerberg created his Meta; China is moving towards this innovation (there was a forum on this topic a couple of days ago). I would say it may be even more prospective and profitable than regular cryptocurrencies and tokens and NFTs. Just check the price of the land in Metaverses like The Sandbox or Decentraland. It's insane!

12
Cryptocurrency Trading / Re: Never Trade On Emotions
« on: December 20, 2021, 11:30:15 AM »
Absolutely agree! No decisions should be ever made under emotions when speaking about trading. I also had some cases that made me no good, and I lost money. For now, my rule number one is to trade with a cold head and do the research beforehand. I could already tell you it saved me a decent amount of money. Always check the project!

13
Cryptocurrency Trading / Re: Crypto Trading - Long term Vs Day trading
« on: December 17, 2021, 07:24:28 PM »
Long-term trading doesn't mean you will buy a token with all of your money and do nothing. The Crypto market moves in waves so it will be better to buy every dip with a small amount of money. In the end, you will see you have a good buying average. Day trading is also good if you can control your greed and emotions.
Exactly, you're absolutely right! I believe that the market has not yet been fully explored for now, and long-term investment may be only possible in rare cases. It may be reasonable if you want to invest in well-established projects with history and clear prospects, but even in this case, you cannot be sure you may forget about your investments for a long time.

14
It depends on how much you're willing to spend on NFTs and what kind of NFTs you would prefer - art, music etc. I would suggest to go through the biggest marketplaces like OpenSea, Rarible, and find something you like there.

15
Sorting Box / Re: Hello, I am a beginner I need your support.
« on: December 13, 2021, 12:53:54 PM »
Nice to meet you, Lakuchumpa! I'm always super happy about new people coming to the crypto industry.
My advice for you would be the following:

1) Learn the basics of the industry - terms, slang, how everything works etc.
2) Find trustworthy services and platforms with user-friendly interface. There're also some platforms which provide special free tutorials and education for beginners.
3) Find influencers and overall people who are good in crypto and do overviews of different tokens, platforms and cryptocurrency. I would recommend to look on Twitter.
4) Also look through the forums, you can find lots of useful info here as well 

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