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Messages - Faisal2202

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Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?

« on: Today at 12:29:10 AM »

Quote from: Jamal Aezaz on May 11, 2024, 07:29:27 PM

Those who are totally dependent on crypto for their whole life are not thinking wisely because crypto is not like a job as it sometimes gives us profit and we think that there is no better option of job than it but after some time the market goes down and all our dreams remain dreams.

Well said, we should not be dependent on single source of income in our entire life, we should build our portfolio, by investing, trading, and dealing in aother types of assets as well like property, gold, stocks and crypto. We have to setup some other kind of business in our life as well, no wonder how small that is. But a self-business gives you more confident to take more risk and we all know more risk means more gains also more lose but with other sources of incomes we can make funds to cover the loses and thus our lives won't be affected as well.

Saying this is easy and I know make this happening is really a hard task, as setting a small business that can make us a good profit is a hard thing, require us to give our full time and efforts and in this we are not able to give our time property in trading or crypto or other investments. So, I believe we should not focus our talent in different things, first we have to achieve success in one thing and then one after another. What you think?

Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?

« on: May 11, 2024, 11:39:12 PM »

Quote from: MrSpasybo on February 04, 2024, 02:47:53 AM

[1] 19.4% Bitcoin portfolio allocation ideal for risk-adjusted returns — ARK Invest

I can see many members have good strategies like investing in stocks, and then waiting for the cycle of BTC to accumulate in the bear market, and then selling in the bull market and repeating the trend. It's a good strategy. Many are diversifying there portfolios with not only BTC but with other assets too like Gold etc. Its also a good one to minimize the risk. As alts also follow BTC and if BTC goes down then most likely alts will too. Well, but if you have your funds in Gold too then if BTC goes down you will not lose funds invested in Gold.

Speaking of myself, my most of my funds are invested in BTC only, as in start I trusted only BTC but later I realized my mistake that I should not invest all of my funds in one coin, before realizing this I realized that I should invest an amount (like a specific amount) I should not invest all or most of what I am earning without no pans. So after realizing it, I stopped accumulating at a point, I started to invest my savings then in Alts which I think was a good choice but still BTC made me more profit then any alts. I am happy with BTC investment but not so much with alts. Currently in lose too in alts.

Cryptocurrency discussions / Re: What do you think of crypto messaging apps?

« on: May 11, 2024, 11:00:13 PM »

Quote from: MCcabe Rory on May 11, 2024, 05:46:26 PM

Hey mates, good day..

Crypto messaging apps are a new thing in the digital world. They're trying to combine the best of messaging apps like Telegram with the features of cryptocurrency wallets and DeFi tools. They promise to make it easy to manage your digital assets and make cryptocurrency transactions. Some people might find them interesting if they're into DeFi and cryptocurrency trading.

What do you think about crypto messaging apps? Can they really change the way we use digital assets, or are just there..

I have not used any other messaging app other than telegram yet or if I did then I am unaware of it, is Phaver comes under this category but I have not used it for too long but for some time only. I actively use the Beoble platform which is also a messaging application (web base). And we can't send cryptocurrency of every type to each other on that.

It's just a defi messaging app that provides us complete privacy as we can make an account on it via metamask wallet. Without giving any other type of information. Setting the account is easy, although many people are spamming the boards and groups in order to get the airdrop but after that I hope the spam would be lower. TG is a good app and have a lot of application. I just don't like it because we have to use it via proxy.

Cryptocurrency discussions / Re: Notcoin On Binance 16th May.

« on: May 11, 2024, 10:45:08 PM »

Quote from: kulkhan on May 10, 2024, 08:52:06 PM

What a fantastic news Free Telegram bot Mining Notcoin will be listed On Binance 16th May. I think ot is great news for Notcoin Minners. One side it is good news for Notcoin holders on the otherhand it is very very interesting Because Ton network supported Notcoin will be listed on Binance but Ton coin not listed on Binance yet, Very interesting.

Please discuss about Notcoin project and what will listing price. And price Prediction.

Huh? TON is not listed on Binance I did not noticed, well that's a good point you have noticed and mentioned here. I genuinely did not think Notcoin would list on Binance or other big tier-1 exchanges. As when this project got some hype I thought it was a scam as earning money that easy can't be a real thing, well seeing the hype I also joined the craze and made a good amount of notcoin. And now the claiming is live for everyone. I hope it will give us more than we anticipated. I hope it will outperform the price value we are expecting.

Considering the market my target is around 0.01 to 0.05 what do you think? The team behind notcoin is well educated as they know what they are doing, IMO when they delayed the claiming before it was a good thing as delaying the not at a time when the market was around $56k saved them some decrement in the price. Now they can list it on whatever price they want with positive uptrend and just like TON I hope the reverse NOT will also do the same (will no lose value even BTC did).

Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO

« on: May 11, 2024, 10:09:47 PM »

Quote from: Gladitorcomeback on April 26, 2024, 09:19:06 PM

A lot of new investors ignore this, but one of the primary principles of cryptocurrency investments is to only invest the money that isn't supposed to be used for anything else which means that you shouldn't invest money that you need to use for something else in your life so that if you needed to hold the assets for longer than you might have expected, you shouldn't have any problems with that.

Well said dear, as we should only invest in which we can't be afraid to lose. Although I don't think in this world there would be a person who wants his/her money to be lost and won't be afraid to lose. But what this statement meant is the same as you mentioned. We should not invest with the money we are living on, we are going to face our expenses. If we have some savings, then IMO it would be wise to save them in the form of BTC.

But first, we have to consider the timing as well, i.e. if its already a bull market then it is idiotic to save funds in the form of BTC now. but if you are planning to save funds for a longer period of time like for the next halving, then you can proceed.

Quote from: Gladitorcomeback on April 26, 2024, 09:19:06 PM

The method you are using is the perfect method, without a doubt, because if you are using money that is free from any obligation, you won't worry about how long the bear market gets or how much you might need to wait before you get some profit on your investment.

Even if the money is free from obligations, the person can fall into some kind of stress or worry or maybe in some emergency as well. Which can require him/her to get more funds then he have saved in an emergency account. We can't predict the future completely and I hope we never have to face such emergencies.

Bitcoin Forum / Re: Bitcoin halving is beginning, not the end of a big bull run. Hold your bitcoins!

« on: May 11, 2024, 10:02:24 PM »

Quote from: tranthidung on April 20, 2024, 06:01:50 AM

Zoom out, you will have stronger confidence for your investment in Bitcoin. With time, a long time frame, for example, 4 year time frame, you can see a super bullish trend. Who can see bearish signals in this bar chart?

I am glad that I am reading this post this late, because my patience was almost over, and my belief as well. Because I have seen many old members saying (by old I mean experts) that BTC is not going to go up more than $80k. While before halving and ETF approval people were predicting the price to go up more than $150k even. I am confused but posts like these give me some kind of relief.

Although I know we should not follow others' advice, even if they are telling us to hold or not to hold, as we should do our own research. But its just that when people starts to say bull is no going to come as they were saying it already came before the halving as BTC made new ATH before the halving. This time its new. I hope BTC would make it to the $100k. BTW whats your target here OP.

Cryptocurrency discussions / Re: What's the biggest airdrop you've ever received?

« on: May 11, 2024, 09:35:03 PM »

Quote from: KryptoBull on February 04, 2024, 12:10:16 AM

I want to hear your story in the Airdrop sector:
Have you ever participated in Airdrop?
What is the most valuable Airdrop you have ever received?
How did that airdrop help change your position and journey in the crypto market?

I have participated in airdrops, and started to join them regularly from January of this year (2024) and till now the average return is good to make me feel happy and worth the time. Although other airdropers have made good money even some made thousands of dollars in just 2 months. The big airdrop that made people good money I suppose is manta.
2. I received Beoble, which was my first big airdrop, then Mavia, and then a few others, I mostly joined the ones which are free, or less expensive. In short, due to some reasons, I avoid joining liquidity airdrops, where we have to add LP, and I also avoid the platform of Borrow and Lend categories. That's why the returns were not so high. But still I made around $400 maybe.
3. It proved to be an alternative source of income for me, and I don't have to spend too many time on it, I even delay my work till weekend and do it then to save me some time.

Cryptocurrency discussions / Re: Do you believe airdrops come from twitter media.

« on: May 11, 2024, 09:30:36 PM »

Quote from: vs2014 on January 29, 2024, 06:54:26 PM

As soon as you enter the twitter account then you can see hundreds of airdrop posts in front of you where there are promises to give many tokens for free. Do you think all these airdrops are true? I think all are false and from here there will be possibility of hacking to connect your personal wallet. So be careful and avoid fake/false airdrop.

Nah I won't believe those airdrops and giveaways, because most of them are fake, and coming from scammers. And in the procedure of joining them when we connect our wallets with the platforms they required us to do. We lost out funds as well. We can't trust any airdrop we saw on twitter. This is the first rule I follow as an airdrop hunter. I only follow reputed influencers who share airdrops on their telegrams. Most of the people/influencers are active on TG groups and channels. They are not even active no Twitter.

So I won't believe any airdrop I saw on twitter and I will advice everyone to do the same. For example, when the twitter account of Vitalik Buterin was compromised, and hackers made a post of airdrop, and many people took it as legit and fall prey to the scammers, and overall lost at that day was more than 900K dollars. Its not a small amount. There are many other such cases exists too. So, I suggest we should double check everything before connecting our main wallets.

Basic Questions about Cryptos / Re: Did my wallet get dusked?

« on: May 11, 2024, 09:23:22 PM »

From which cold wallet did you withdraw the funds? You used the term safepal. Well, the dust error must be shown because the amount you were trying to withdraw is considered a dust amount according to the wallet's policy you have used. That's why you were shown that code. And speaking of 1 input and 2 output, that's a little unique for me as well, like if you withdraw funds from a cexs then it's common as they send funds in batches.

AFAIK these cold wallets aren't supposed to send funds in batches.

News related to Crypto / Re: FTX has billions more than needed to repay bankruptcy victims

« on: May 11, 2024, 07:59:50 PM »

That's good news for FTX victims, they will be able to receive their funds, plus they will be receiving 112% of what they lose. I mean that's more than 2x of what they lost. That's good news for all investors and customers. I hope they will repay soon. What I am afraid is, that these customers of FTX will start to sell their profits as soon as they get their funds back and this might cause a dip or temporary downtrend in the market due to excessive selling.

I am amazed to see how FTX has gained that many billions just due to accumulating, I mean that's what the news said, they raised this much funds due to accumulating they have done till now. If they have done this accumulating for a long time, then why did they not make some statements before, like to calm down customers, or they did and I am unaware of that?

BTW will SBF be released now? I guess not, as it does not changes the situation he put the clients in, I guess his sentence might be reduced if he paid the funds back. Overall its a win win for the customers which sued SBF.

News related to Crypto / Re: Trump Attacks Biden's Crypto Awareness, Says 'Biden Doesn't Even Know What It Is

« on: May 11, 2024, 07:36:58 PM »

It's just a political move to gain more funds and more votes, I am quite impressed that the NFT edition of Trump has made him more than 1$ billion dollars. I mean that's a big milestone for a dude who is not into crypto. I know he has outsourced experts to make this happen but still it's a big deal in my POV. Besides I don't know on what factors he must be calling Biden's view a wrong one.

The news did not mentioned any, what do you guys think, I mean I know Biden is sticking the rules for crypto users/investors/miners. They are charging huge taxes, they are even implying tax on the electricity being used for mining. Besides taxes, and others strictness against crypto platforms what is bad that biden done and Trump is point towards?

Forum related / Re: Badges that encourage spamming the forum..

« on: May 11, 2024, 07:06:29 AM »

Quote from: Fivestar4everMVP on May 04, 2024, 10:15:56 PM

Well, it's not necessary a spam badge whatsoever, and neither did i say that the badge is promoting spam, I said it encourages spam, promoting and encouraging are two different words with exactly two different meanings.

OK I got the point, although for me promoting and encouraging still had the same meaning but in this case, I agree with you. I know we should not do spamming to earn this badge as I and you have aforementioned that we can earn this badge the correct way.

You are right about the fact that we feel fatigue and complete tiredness but we can deal with that too. For example, if we have to make 50 posts, then we can write ten posts daily and won't upload it just write it (if that's allowed). And then wait for one day until we write 50 posts. And at the end, we start to upload post and can easily earn these badges.

Bitcoin Forum / Re: Halving - Do you still believe in the previous pattern?

« on: May 10, 2024, 10:41:42 PM »

Quote from: bayu7adi on May 10, 2024, 09:10:13 AM

We see that the BTC price graph is almost similar to the data from the BTC price graph during the previous halving. So, what makes you want to hold or add more accumulation? Are you guided by the charts alone or are there other things that you think have a big influence on Bitcoin?

You have shared a good piece of information but as a normal trader with no high technical skills its hard for me to understand it fully but I do understand some. I am not accumulating anymore but holding what I have accumulated till now. I don't depend only on charts but on other factors too. Because I know charts are based on historical data and historical data can't predict the future 100%.

For example, till now all the charts have shown that BTC makes new ATH after the halving, but only this time due to massive adoption, BTC made new ATH before the halving and falsified all of the historical charts and charts based predictions. I saw this pattern for the first time, and its not very convincing that I will start to invest again, because investing is decided after several thoughts, as we can't invest in a coin only on the basis of charts.

Bitcoin Forum / Re: Has BTC really become more attractive than gold?

« on: May 10, 2024, 10:35:48 PM »

Quote from: Jamal Aezaz on May 10, 2024, 09:00:37 PM

Both have potential to increase in price but Bitcoin is thought to be more friendly because its success is rapid while gold will take time to increase. People often choose one of them but if they choose both of these assets then they will be in more profit so I think they will hold Bitcoin up to four years and also hold some gold when it grows more then sell it.

I will say that as compared to Bitcoin gold is a more trusted asset as fluctuations in gold are not as high as that of in Bitcoin. We cannot ignore the profitability of any of these so buy both and hold to get revenue from both.

No doubt fluctuations are not as high as in BTC. But that's what makes it more attractive for investment. I mean we can gain more on BTC and it is not even gambling, like we are not going to lose it all. If we are not able to make a profit in one cycle then we will wait for another. And this cyclic behavior of BTC can make us a hell lot of money in the long run.

Gold no doubt is more attractive as it's traditional, but think for another second that what if people leave the ritual of giving and taking gold in marriages ( I know in foreign countries it won't happen) and replace Gold with BTC? Demand will increase greatly. BTW a lot of people consider this POV of us wrong, they say BTC should not be used as long-term investment to store the value of our money while it should be used as currency like p2p. Well, in short we should fill our bags from all the pools, and if BTC is giving us more profit with some risk then we should invest in it what we don't afraid to lose and will invest in Gold what I afraid to lose.

News related to Crypto / Re: Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Pha

« on: May 10, 2024, 08:40:39 PM »

Quote from: Zed0X on May 05, 2024, 05:35:03 AM

I'm quite dumbfounded at how you guys are still praising him. Are you a Binance user? CZ most likely sold you (and thousands of users) out already in exchange for his light sentence. He's not strong but wise enough to bend to authorities because there was a strong evidence against him. He's obviously happy that he got only 4 months that's why he can speak positively about his situation.

I didn't mean to praise him but admire (same thing😁) the words he is using while in such a situation. I don't know the reason you saying he sold us out. It would be great if you could shed some light on it. As I do use Binance, not a fan but a user, I don't judge people by a few words of them, actually, I have seen how Binance has dealt with SEC and other authorities. And how the SEC has made them leave the US region. I mean in my POV they manipulated things so that Binance would comply with them fully which is not beneficial for them and now SEC is going after every other CEX.

Which in the long run is a good thing no doubt. Well, I would like to know about those strong evidences, besides the ones that proved his exchanges were used to send funds to Gaza and Hamas and then tagged as terrorist funding. I am not a follower of some CEX I have to be open minded otherwise we lose funds