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Messages - doc

Pages: [1] 2 3 ... 125
1
Mistakes and failures will always exist when investing, and that is what makes us experience. and learn from the experience. No one who invests always makes a profit, that's why we diversify several coins that we think have potential.

Not only in investment but in every work we will sometimes face loss and that loss will help us to not do the mistakes in future therefore both loss and win are profitable for us. Loss can also be used to evaluate your mental power to understand about the market so take it positively.

It is not possible that you will continuously earn money and will never lose your cash in crypto investment but those become masters in crypto investment who don't lose hope due to their mistakes or dropping of money but continuously  learn which will make them profitable after their numerous sacrifices.
That is what is called experience, of course in gaining experience we will experience several losses so that we understand mistakes and will not repeat the same mistakes again. From the bitter experiences that have occurred in our lives, we will become more careful.

2
Cryptocurrency Trading / Re: Fear or greed
« on: May 25, 2024, 10:37:19 AM »
Experience will make people easily adapt to market conditions. Our decision depends on market conditions at that time, but by looking at previous crypto movements during the 4-year cycle, we can at least predict how long we should hold our coins. The important thing is that we don't panic when the market experiences a correction
When you say that cryptocurrency price movements have a cycle every 4 years, I really agree, Bitcoin also has a cycle that is almost the same as that. What we need to do is buy cryptocurrency before it reaches a cycle that will probably occur next year.
There are many reasons why coin or token prices fall, as mentioned above. And our function as investors who buy these coins, must do research before buying because many new tokens lack fundamentals and this is very risky. My advice is to choose top coins to invest.
On investors perspective then it would really be always that recommended that you should really invest on which you should really be needing up that research on which simply means
that you would really be needing to make that step first before making that deposit or investment because we do know that we are talking money on here. Also, people would really be mindful
about on the possible botom before they would be making entry. If you are really that fan off on sticking with those old and established coins in the market then chances of recovery and profit is
there but of course price entry would really be needing up to consider.
Yes, before we invest, it's best to do research first and really make sure that the project is not a scam, because this is a matter of money. We have to be careful so that we don't lose our money. Many experience losses due to lack of experience and not doing research before investing.

3
Binance Smart Chain + Ecosystem / Re: Can this problem be stopped?
« on: May 25, 2024, 10:34:43 AM »
Exactly, currently many farmers have created many accounts there. Their goal is to get an airdrop which can give them a lot of money. It should be noted that when more and more participants enter the warpcast platform, the prizes they get will be greatly reduced, because there are more and more warpcast users who took part in this airdrop program.
It can also happen like that but if the developer is like the developer of the Arbitrum project, maybe not because there are hundreds of thousands of people who joined Arbitrum and the average airdrop is worth $1k.
When they distribute large amounts of tokens like that, it has the potential to bring down the price of the token or coin on the exchange. It's better if we divide it with an exchange rate that is not too large
Usually like that, when distribution is distributed there will be a decrease in price. because the rewards distributed are quite large, but that is normal in airdrops and bounty campaigns. In fact, if the project is good, it's best to hold onto coins from airdrop or bounty rewards first.
This is also something that is very worrying because in my opinion the hard work that we have done is not getting results in high numbers because of the influence of the large number of participants. It is certain that participating in airdrops or bounty campaigns is no longer very valuable at this time.
If you think bounties and airdrops are no longer valuable now, you don't need to follow them. Because you can do daily trading. I still follow the bounties that pay BTC, because I consider this to be valuable and is paid weekly.

4
Ethereum Forum / Re: ETH going to 3k
« on: May 25, 2024, 10:32:49 AM »

That's right, many users have left Ethereum. Many new projects are developing and they are even creating their own networks without utilizing the Ethereum network anymore. This is the impact on Ethereum when they do not listen to suggestions from the community to immediately fix the problems that occur on Ethereum.
Long ago we always read complaints from ethereum users, that this network has very expensive gas fees. There are lots of complaints and complaints and apparently ethereum dev doesn't have a solution. This makes many users switch to other, cheaper networks
still the problem about ethereum is that so high fee and I hate this happening to my one of holding funds .
but like what you said? if this will continue then we will be losing the trust for ETH and may consider cheaper coins and faster transactions.
Even though Ethereum gas fees are getting cheaper nowadays, I see many people still switching to other networks such as Solana and Binance Smart Chain. This is the reason why ethereum dev doesn't solve this problem as soon as possible, because this is a fairly old problem.

5
Solana Forum / Re: Is SOLANA new competitive of Ethereum?
« on: May 25, 2024, 10:29:51 AM »
Solana is new craze now, they are  almost 12B$ marketcap & it will be continue to growing. Solana also ready to launch their own IDO platform which is Solstarter  ( https://solstarter.org/). people are talking about Cardano ... its nothing compared to Solana. I think BNB, Solana & Polkadot, one should be winner.so polkadot till now not ready to perform. In this sense BNB & SOL have possibility to compete with eth.
What's are you thinking about solana?

Maybe in the eyes of other communities in this field it is yes, but to others like me, he is not competitive for Ethereum. Because as long as we can benefit from ETH and SOL, why would we think that they are more competitive?

Although let's talk about where we can get a big profit in my personal assessment, if we are talking about a big profit, I will get good earnings in SOL. Although you can definitely get a profit in ETH, it may not be equal to that of SOl, but that still depends on the amount of capital that an investor will make.
When you have these two coins, you can make good use of them to increase the assets you have, but for now it seems that the one that has high demand in the market is the Solana network. Many meme coins have been created there and provide a lot of profits for those who can make good use of them.
The reason why Solana is increasingly popular is because more and more Ethereum users are switching to Solana and Binance Smart Chain. This is the impact of the unresolved increase in gas fees from Ethereum.

6
Ethereum Forum / Re: Reason why you hold Ethereum
« on: May 25, 2024, 10:27:59 AM »

but the main problem of Ethereum is the so much high fee , in this Arbitrum and Ethereum becomes more different , the more the market grows is the higher the fee for ETH.

so this is the only problem that this network is facing and the reason why  I stop using this coin instead I only have this for HOLDING and nothing more.
Just like me, I only buy and hold ethereum, of course for the long term. I don't make transactions on the Ethereum network, I mostly use Solana, Binance Smart Chain and TRC20. I hold ethereum and bitcoin for the long term.
Holding Ethereum for a long time has great potential, but unfortunately many people are impatient when the price is rising. 
Of course, most people want to sell it immediately, so they fail to get big profits. 
Talking about transactions on Ethereum, network fees are indeed the most expensive compared to other networks.  But in reality, many people are here, because Ethereum is the best cryptocurrency after Bitcoin.
Yes, by holding ethereum for the long term if we buy it at the floor price, we will make big profits. However, we know that this requires free funds and of course requires patience to continue to use our coins, including the ethereum in it.

7
Binance Coin (BNB) / Re: How strong is the Binance coin?
« on: May 25, 2024, 10:25:42 AM »

Binance will indeed do anything to keep BNB at a stable price, including price manipulation which often occurs on Binance. This has become a natural thing for those who have an exchange business, many will definitely do that. It depends on us as internal people who do it cleanly or not.
You are right, Binance will do anything to protect its coin, BNB. Many of us have seen launch pad events on Binance refreshed using BNB coins. This is part of Binance's way of manipulating BNB to keep it at a good price.

8
When a country bans crypto, black markets for it inevitably pop up. The opportunity for profit is just too good to pass on when you could become one of the few players in the country offering crypto brokerage for the public.

These tend to disappear the more accessible crypto becomes in that country via legal services, however.
There will always be opportunities like you said wherever they are implemented, because these opportunities can be, done and cannot be avoided through mechanisms that might be implemented, because of their ability to do so without permission.
But as good citizens, it is not appropriate for us to violate the rules that have been made because it will always be risky, and it is not a good thing to do, even if we can.
However, currently more and more countries are able to provide convenience even though they do not recognize but are allowed to trade, thus avoiding the intention of violating the rules.
Yes, as good citizens we must always follow the rules, because if we break them and are caught we will be punished.  If our country prohibits it, we should not go against this rule.

9
but airdrop  campaign is also source of wasting time because majority of airdrop is just BS and scam , so try not to ride with all of them instead just choose the strong one that you know will bring you best result or else you will only waste your time fooling yourself than doing other things with better bring up .

There are still some airdrops that are still paying but the concept aren't like before, unlike then where you can just do some local task like doing share and like on Facebook, Twitter, Instagram and submit wallet address. Now, it's either you interact on their testnet and spend some gas on new chain mainet, you will hardly make something from today's airdrop.

There are now meme coins that people are tapping and they made money from it, one I know is notcoin and a lot of people made money from it, not sure how this one is going to last in the future.
Maybe for the actual task there is no significant change and it is almost the same as before, but now they are smart enough to charge gas fees for transactions for participants to be able to get their coins. There is even a testnet that clearly tells us to prepare costs such as buying new coins, even though currently the price is still relatively small, at only $5, but it is not impossible that it will expand like a new project, but only the concept has been changed.
I have participated in something like this and will not repeat it and only make it a profit profit for them.
Many testnets are currently in airdrop, although not all of them are popular, they are also busy. I'm not part of the people who are looking for rewards from airdrops.  I prefer to follow boynt amapaing on the forum. especially this bounty which pays for BTC.

10
Basic Questions about Cryptos / Re: Invest or bounty?
« on: May 25, 2024, 09:33:01 AM »
If it's a bounty, i'm less emotionally attached to the coin and this allows me to hold for long, and in the end even if the coin goes bust I could care less.

I have been in crypto for about 11 years now and personally doing bounties has been more fruitful for me.

This is my personal experience, others may disagree.
Bounties are a good step to take to fill our free time by doing tasks, this is good if the bounty we participate in is really wort. but if it is just a scam project, we will definitely be disappointed because our time was wasted.

11
Binance Smart Chain + Ecosystem / Re: How Binance helps Ukraine
« on: May 25, 2024, 09:29:09 AM »
We hope that good programs with humanitarian goals are not undermined by people who want to profit from hardship, Because this action will tarnish the community which already believes in giving donations and will not do so again, and it will harm the humanitarian mission which should be running well.
It is very difficult to ensure that no one takes advantage of this crime, because humans love money so much that when there is a way to get money easily, they will definitely try to take some of it in various ways.
It's not easy to implement, but it's easy to say, whatever sector they are in, they agree that there are still people who do things that are not commendable and that's no longer a story. But if the superior can set a good example, then his subordinates will not dare to do bad things because there is a good example.
Everyone definitely needs money and no one can avoid it, but with good and clean implementation by the leadership, it can usually run well.
Leaders must do good deeds and take the right steps because they are an example for their subordinates.
Helping Ukraine like Binance is doing is good, and of course this is the policy taken by their leadership.

12
Actually every investment we make have risk included with it whether it is new or old coin. Although Old and established one may not have much risk compared to new coin/token. That being said all new coin may not be that bad or scam if team behind it are legit and motive of the project is clear. So one have to dig into the project and calculate the potential before investing rather than going after every new coins assuming new are always good.
I agree with you. Both new and old coins are risky, no coins are totally safe. Even when we invest in Bitcoin, it also has some risks. But if we choose top coins, the chance of scams will be smaller. We don't need to worry that the coin will disappear any time. However, we can't avoid the volatility, all coins must fluctuate because crypto coins are unstable. So, old coins will be a bit safer if we compare to new coins.
Whatever we do, we will certainly experience risks, as is the case with crypto, but based on experience, we can minimize the risks that might occur.
Old coins with the best sequence and potential will clearly carry a small risk compared to new coins that we don't yet know what they can do.
Likewise, the old coin is between bitcoin and altcoin, so bitcoin has less risk compared to altcoin.
So everything is adjusted to individual wishes by displaying old coins or new coins.
If you want big profits, choose coins with greater risk, and if you want to be safe, buy coins such as bitcoin and top 10 coins. You can make a decision depending on what you want to achieve, of course along with the risks.

13
Dogecoin Forum / Re: Will Dogecoin Ever Reach $100?
« on: May 25, 2024, 09:24:56 AM »

Elon Musk is not just an ordinary influencer, he has a lot of money and if we use some of his assets to increase the price of Dogecoin then there is a possibility that the price of Dogecoin will touch $1 in a few moments and after that the price will collapse again because there will definitely be many who will immediately sell it, including Elon Musk.
We know that Elon Musk is one of the richest people in the world, he has a lot of money and a lot of influence. He can make a coin popular and expensive like Dogecoin, and of course a businessman like Elon Musk will definitely make a profit from it all.
It is true that you say that Elon is a successful business executive and many of his companies are well known. But you must remember that business people will do everything only for the benefit of themselves and the company. He has only manipulated Doge for that benefit, and he will not intervene if Doge goes down. So don't get your hopes up about Elon because he doesn't do anything as long as Doge doesn't give him any advantage.
Every businessman definitely takes advantage of every step, including Elon Musk.  Elon popularized doge, and of course he made a profit from this coin. Nothing is free, everyone thinks about the benefits they can get.

14
Dogecoin Forum / Re: DOGE for Tesla
« on: May 25, 2024, 09:19:58 AM »
It is true that currently Elon Musk continues to keep the price of Dogecoin at a low price and is waiting for the right time to increase the price of Dogecoin. In general, Dogecoin has the opportunity to increase its price to $1. But as you mentioned Elon Musk should consider everything before bringing the Dogecoin price to $1.

One thing is what Elon Musk wants and another (may be different) is what he gets. Remember that Musk is not the only Doge whale, and also remember that there are also many people waiting for Doge to reach a barrier (could be $1) to sell millions of coins, which would cause the price to drop rapidly. That's why I don't think Musk is going to "take" Doge to $1, most likely he'll do nothing and wait to see how the market continues. Musk must be very careful with his words on his social network, every day there are more critical voices denouncing his manipulations.
I think Elon, as a business executive wants to always be able to contribute to his company and, Doge is not a priority, in my opinion, for Elon, so that his company can make a profit. So I also believe that what you said is very true that Elon will never take Doge to $1, because he is not serious about Doge.
In the past, he manipulated what he had done and succeeded in bringing the dog up, but maybe not now, because many people already know that the behavior he has done is clearly not easy to carry out for the next action.
Why do people always focus on popular people like Elon Musk, because they wait for the hype from the coin. Doge became popular because of Elon Musk, but I'm also not sure Elon will try to raise the price of doge m,to $1, because it's too heavy for now

15
Dogecoin Forum / Re: Dogecoin for Bull Run
« on: May 25, 2024, 09:17:51 AM »

Until now, no one could avoid the fact that, Doge is the best meme coin and, judging from the ranking on CMC, it is also clear, so MC will definitely be better than other meme coins. Pepe is very good, but to be able to beat Doge you will need a spectacular surprise because the difference from MC is also too high. But that doesn't mean Pepe is not good if you really want to invest, but I don't recommend coin memes.

I will not recommend you to invest, because I want to give you some advice and these coins you should definitely check out. And can add to your investment, BOME coin, Dogecoin, Shiba Inu, these three coins seem best to me.  Because these coins are most in demand in the market because investors have a huge influence on meme coins at present.
Thank you for the advice you gave regarding meme coins. To date there are many meme coins and, in my opinion, the ones with the most potential are Doge and Pepe. But will what you provide have potential? Of course, I can't analyze it and can't determine it, Because if you look at the developments when bitcoin passed its ATH, all meme coins did increase sharply. Will it also happen in the next 4th annual season in 2025? there will always be a possibility but I can't suggest at this time.
PEPE, Dge and SHib are popular mem coins at the moment, if you have the courage to hold these coins please do so, if I don't have the courage to hold these coins because in my opinion the risk is still high. I prefer holding other top coins like BNB and Solana.

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