It is true that there are some new traders who are lazy about learning something new about cryptocurrency, but if there is still no effort to get to know cryptocurrency, then he is one of those people who doesn't want to be rich, because I'm sure those who want to learn something new will get it. the opportunity to have a lot of money someday.

Quote from: dekafee79 on March 15, 2024, 03:56:16 PM

I agree because blockchain technology offers freedom and anonymity. But remember, all our transactions are recorded there. Actually, blockchain is not completely anonymous, unless we use private coins in transactions. Legality or not, crypto will still work.

What makes the blockchain not completely anonymous is, in fact, not located within the blockchain itself. Yes, transactions are saved, but in order to reach the performer, you need to connect other tools that have nothing to do with the blockchain. Therefore, in my opinion, it is not entirely correct to say that this is blockchain exactly what is not anonymous.

Quote from: DAMKAR on March 16, 2024, 01:14:58 PM

It is too risky to invest in new projects, because several times I have experienced failure due to lack of good analysis to detect whether this project will be good or not. Maybe I have to deepen my research on a new project if I want to succeed. feels difficult.

Not only you, I also experienced many times of the scams or bad new altcoins. I think it is better to stay way from new coins because we have already many old and good coins. We don't need a very deep analysis when we choose old coins because most of them are reputable enough. In my opinion, if we make a deeper analysis won't work well because the scammers become smarter. They can make a perfect shit project.

Exactly right, we should not fill our heads and think about Bitcoin and Ethereum, we know these coins and we know that they will grow equally, I think that we should pay attention to the top 10-20 coins and look there, like Solana, which has grown by 1000% in six months, I think that some others can grow much more or the same.

Quote from: Cryptsafe on March 16, 2024, 08:00:07 AM

I have had similar experience in the past when taking part in exchange launch pad.  Other crypto markets are very volatile upon launch so one would need be smart and wise enough to sell at that first  launch and that happens like upto 1 to 2 hours upon launch of that token and after then there is a decrease in price action or value of the token.

Yesterday, I took a chance to trade shitcoin right after the listing and tried to make some money. Unfortunately, It didn't work for me. Usually, shit coins move a lot when they get listed on some major exchanges like Binance and Kucoin. Yesterday, Binance listed a token named Book of Meme, and I tried to make some money trading this shit. But, Unfortunately, the market moved only a little and fortunately, I was able to recover my initial investment.

Indeed, if we want to enter the meme coin market it should be a short term activity that we undertake, to me it doesn't make sense to hold meme coins in the long term. There are some of them that are profitable, but the ratio is unequal from meme coins that become worthless after some time.

What I see from those who end up entering the meme coin market are those who are affected by FOMO by the profits shown by other people, even though I think that is a kind of temptation that we are better off avoiding.

Quote from: Power420 on March 13, 2024, 11:37:49 PM

It is never possible to predict the price of Bitcoin because the price of Bitcoin is always up and down. The more investors invest in Bitcoin, the higher the price of Bitcoin will rise. As it is nearing the halving, Bitcoin price is up to 73.3K at the moment. Bitcoin price has reached 73.3K which is the highest price ever, never before has the price of Bitcoin increased so much.Which is why the price of Bitcoin has increased so much due to Bitcoin ETF Approve at present.

Bitcoin price movements are never predicted precisely, but it can be predicted how the next price movement will rise or fall because the price movement depends on several data events that have been agreed upon from year to year, such as during this halving, the price will definitely be high because miners will find it difficult to get Bitcoin, but after the halving occurs the price will collapse again as has usually happened in the history of Bitcoin exchanges.