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Messages - de_prof

Pages: [1] 2 3 ... 102
1
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: April 28, 2024, 02:21:17 PM »
In addition to the profits we get from investing in bitcoin, this is the technology of the future. And by investing in bitcoin we can get profits to increase our income. Because many people are helped by investing in bitcoin. Even though it takes time if you are just a holder, and if we have the skills as a trader, we can also get daily profits
It's true, Bitcoin is indeed one of the payment technologies in the future because all transactions are carried out digitally so that physical money is no longer used and this will make it easier if you want to make transactions over quite long distances. Daily profits cannot be obtained from Bitcoin. We must take advantage of altcoin price movements to get daily profits.
Many predict that bitcoin will become a means of payment in the future. but until now the governments in many countries still have not allowed bitcoin as a payment method for many reasons. Who knows..

2
Binance Coin (BNB) / Re: Investment of BNB
« on: April 28, 2024, 02:18:34 PM »
Every mistake must have a negative impact. CZ was involved in a money laundering case and was jailed, even if Binance changed the CEO, this would still have a negative impact as you said. but at least binance's move to replace the CEO reduces the impact even though it still exists
The punishment has been given by CZ and as much as possible the new CEO at Binance will not make the same mistake again and again because exchanges like Binance are very vulnerable to money laundering. Binance is a large exchange so you have to keep track of your sources of money.
This is what the Binance team must pay attention to, so that the new CEO is also more careful so that the CZ case does not happen again.
We know that Binance is the biggest exchange, and turnover is very large there.

3
Binance Coin (BNB) / Re: How strong is the Binance coin?
« on: April 28, 2024, 02:12:20 PM »
Everything needs a process, friends, so Binance must always think about this. If they want the price of BNB to be high they can burn their BNB supply, but will it last long because altcoins will always follow bitcoin. So the policy implemented is correct by holding a launchpad event so that the BNB coin can remain stable and not decline sharply
It is indeed not easy to keep BNB prices stable or increase prices without a launchpad event like this. The process carried out by the Binance platform makes it easy for BNB to always have high demand.
Yes, what Binance is doing to keep demand for BNB always high by holding a launchpad event by requiring BNB coins is a policy that is encouraging for BNB coin holders. This will have a good impact on the coin, I am one of the BNB holders although not many

4
Binance Smart Chain + Ecosystem / Re: How Binance helps Ukraine
« on: April 28, 2024, 02:10:23 PM »
We always appreciate that they can't do it like Binance. It all depends on their personality, because this assistance is clearly for a noble purpose. Maybe now they haven't had the chance,, maybe in the future, and we don't know.
You are right, that being greedy and feeling like everything is certainly not good and agree that Binance has taken a step forward to remind everyone that they can do that too.
But everything is returned to each individual in responding to it, and we must continue to respect that.
That's right, by respecting what Binance does, it's good enough because not all exchange platforms are capable of doing things like this. Binance has become a pioneer as an exchange place that has good human nature and we have to respect that.
A good policy from Binance who cares about humanity. I think almost all members here will appreciate Binance if it always helps war victims wherever they are. Because we have to do good as long as we can.

5

Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
This is the advantage of bitcoin compared to others because no one can intervene and move according to trading at any time, so the price cannot be measured and known with certainty. In fact, the more actively bitcoin move, the more profitable it will be for traders to continue selling and buying quickly.That's right, everything must be done yourself by analyzing it well before taking any action, because the profit or loss that will be affected is you yourself, who have the funds, not someone else who provides information that you might consider to be correct.There are many reasons why people are worried about selling Bitcoin when it goes down, but they shouldn't do it now because it is approaching halving.
If the price of bitcoin falls and has not yet entered the bearish season, it is best to hold until the bullish season occurs. The rise and fall of Bitcoin is due to the manipulative funds of whales. As long as there is no bad news hitting the global economy, Bitcoin will rise again according to its habits in each season

6
Solana Forum / Re: Is SOLANA new competitive of Ethereum?
« on: April 27, 2024, 04:32:46 PM »
Bitcoin's security is indeed better than ethereum, not only for the security of bitcoin lovers and its popularity, nothing is as popular as bitcoin at the moment. And ethereum is behind bitcoin in rank 2, this is also a good achievement for ethereum.
BNB and Solana are also good competitors for ethereum, it is very interesting to see their competition
Ethereum may currently be in second place but that's all because Ethereum has quite a lot of trading volume and Ethereum was available before other projects such as BNB and Solana. Ethereum users are currently starting to decrease due to problems in terms of Ethereum transaction fees which are quite high and other problems which ultimately make some Ethereum supporters switch to BNB and Solana.
I think it's only small investors who are switching to BNB and Solana, because the whales are still there, making ethereum still second on CMC. Whales never mind high gas fees, that's why they keep investing in ethereum.

7
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: April 27, 2024, 04:29:05 PM »
Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
In the world of trading, when you make a wrong decision, the assets you have can still be stored properly and wait until the price goes up again, but in gambling, if you make a wrong decision, it will cause us to lose our assets forever. So you really have to be careful when you want to trade. All decisions have risks that must be understood well.
Your explanation is correct, but true coins will not disappear on the market. If you buy coins on the market and are delisted on all exchanges, how can you wait for your assets to return. I am discussing shitcoins too, because these are coins that are also dangerous to trade, because the prices are really surprising. Suddenly it rises high and can become completely worthless.

8
Ethereum Forum / Re: ETH predictions of next week.
« on: April 26, 2024, 10:32:19 AM »
That's right, all altcoins depend on the performance of Bitcoin in the market. If the price of bitcoin is low and seems to be struggling to rise, we all see that altcoins seem to have difficulty rising, that's why bitcoin is said to be the King of crypto currencies.
That's right, Bitcoin is the king of all existing cryptocurrencies. When the price of Bitcoin falls, the price of altcoins will follow the market and will fall. It has happened that Bitcoin collapsed to its base price and ultimately caused the market to bleed. many altcoins collapsed and made the market very chaotic.
As the king and pioneer of crypto currency, Bitcoin has always been compared to altcoins. If the price of bitcoin rises, the price of altcoins will also rise. We all always look at bitcoin first in the market, then look at altcoins. because bitcoin is the center of crypto

9
Cryptocurrency Trading / Re: Fear or greed
« on: April 26, 2024, 09:58:17 AM »
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Fear can prevent a trader from investing high amounts as his profit and loss will be comparatively less but greed makes a trader to make wrong decisions and panic by investing large amounts to make quick big profits which later causes him to face huge losses. so I think fear is better than greed to sefe from big losses. Greed is a very bad thing, the more greed there is, the more it will suffer  So I would say that greed is more dangerous than fear.
Both of them clearly have bad emotions, fear and greed. Fear makes people afraid to take opportunities when starting to invest or panic and sell at a loss. We should always stay calm and think clearly.

10
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: April 26, 2024, 09:55:59 AM »
They share the opportunity to make a profit in several coins, and they also try to minimize losses by investing in several coins that they think can make a profit. A professional trader will be smart in managing his crypto assets.
It's true that they are very smart in managing their finances. They are also smart in managing risks in their trading activities. So they won't lose an amount they can't afford. And they sometimes experience losses, but usually it doesn't exceed the profits they get. And they do diversification to keep the risk from being too big when one of the trading pairs experiences a price drop.
Yes, they do as you mentioned, diversify investing in several potential coins to increase the chance of profit and minimize the chance of loss. a professional trader is clever at managing assets by always focusing on greater profits than losses.

11
Ethereum Forum / Re: Eth hold or Trade?
« on: April 25, 2024, 02:46:52 PM »

When more and more people buy Ethereum like what you wrote, it makes me even more confident that an Ethereum ETF will be launched soon. They have already bought Ethereum at a cheap price and are just waiting for the next step to wait for the price to rise due to the influence of the Ethereum ETF.
There are some who think that an ethereum ETF will be difficult to approve, because the supply is too large. And some also have their own opinions, confident that the Ethereum ETF will be approved. We'd better wait until May, whether the SEC will approve or reject it. Can also be pending

12
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: April 25, 2024, 02:44:20 PM »

I have investments both new and old. According to my knowledge an investor should not only invest in old coins or only new coins but any new or old can be profitable for the investor. New coins have more hype due to which investors can get quick profits. But not all new coins can generate the hype. It is possible to get profit by investing in some new projects that have strong fundamentals. On the other hand, there are some older coins that lead the entire crypto market. Especially Ether BNB and Tron which are known as profitable platforms for investors. However,  in new coins investors generally get quick profits but in old coins they have to wait a long time after investing.
Yes, new coins will make us gain profits faster and don't forget that new coins will also give us greater losses. If we don't have a good analysis of new coins, we will get bad coins, isn't it difficult to predict whether this coin will be hyped or not?

13
Binance Coin (BNB) / Re: I Am Now Into BNB: Happy, Hoping, Doubting
« on: April 25, 2024, 02:41:56 PM »
The target is quite high, if we target $1000. BNB must burn how many coins to reach that target. This looks like it will happen in the next few years if BNB wants to increase the price of its coins. But anything can happen, when bitcoin reaches its highest price as many people want or predict at more than $100K, it could be that the price of BNB approaches $1000
In my opinion, setting a target that is high enough is not an important problem, as long as we can wait until the price rises to that high, we will get a lot of profit. We just need to be patient until the target that all traders hope for can be achieved easily.
If you have free money to hold long term and wait for your target to be achieved, it could be said to be not important. but as a small investor who has limited funds to wait until a target that is too high is achieved, that is a difficult thing to do

14
Solana Forum / Re: Is Solana coin a good investment?
« on: April 25, 2024, 02:38:46 PM »
For small capital earn much profit with bitcoin is very difficult but in altcoin such as solana has bigger chance tobearn much profit. Its the same bitcoin has low risk and low profitable earn when having small fund. But in other side, when having small capital we earn high risk and actually high return profitable to earn with altcoin movement price pump or dump.
For me if I jave around $10k will prefer for investing in altcoin because raise up to 3% until 10% is very possible with altcoin than bitcoin.

exactly, but be careful, even with very large capitals you don't have to earn with bitcoin
with bitcoin you can now only protect yourself from deflation and inflation and other hidden taxes, you don't become rich but you protect yourself and so that's fine if you think about it
In my opinion, with big and free money we can make a profit by buying Bitcoin when it is bearish and holding it for the long term, waiting for it to be bullish before we sell our Bitcoin. This is very profitable and there is no need to doubt it, because we know Bitcoin's 4 year cycle.

15
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: April 25, 2024, 02:36:32 PM »
Well, I don't need to choose between those two because they both help me. And all of us traders here use them both most of the time. So I don't understand why it's necessary to shop, because even if one of them is removed by a trader, he can't be called a trader. Do you know that?

So, instead of choosing between the two, why not use them equally as traders? After all, they both have benefits that can be given to us in reality.
If you make it your main job, maybe that will be enough time, but if you have another main job, maybe you will run out of time to do both. Trading in the short term so far requires a lot of energy and time, because it relies on technical analysis too... whereas if you are a long-term investor and have a main job in real life, then it will be easier for you to make a profit from cryptocurrency...

Here the existence of cryptocurrency really adapts to the user... and I'm sure if you do both, then you get the main income from trading cryptocurrency.
Agree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focused

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