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Topics - Muhammad Bashir

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Cryptocurrency discussions / What are the major tools needed to become crypto savvy?

« on: March 30, 2024, 05:28:51 PM »

I've been meaning to ask this question all along because lots of people have got different views on what is needed to be actively involved in crypto. Here are some of these tools mentioned:

1. Basic crypto knowledge
2. A reputable CEX for trading
3. A secure wallet for storage and other DeFi trades
4. A twitter account/ following verified crypto handles
5. A crypto mentor

Which of these do you think is not necessary or what else should be added as per basic tools?
Feel free to join the conversation...

Cryptocurrency Trading / Is KCGI event coming at the right time for traders?

« on: August 19, 2023, 12:04:17 AM »

KCGI is one of the biggest trading competition in the space where the best industry traders meet every year to compete for a huge prize pool. Though this is my first I intend participating as a team member, at the same time, I'm contemplating going in for futures rather than spot majorly because of the recent tides of the market. I feel TA could easily show the direction of the market in a bear like this.

Anyways, the prize pool for the competition this time around is huge(a total of $2.65million). This prize features:
1. an airbus
2. an iPhone 15 pro max
and other cash prizes.

Oh! Lest I forget, the competition is held by Bitget exchange!!

Cryptocurrency discussions / Could copy-trading be the new trend in crypto trading?

« on: August 02, 2023, 02:35:30 AM »

Looking at the increased technicalities in mastering trading techniques and also the overall sentiments/trends of the crypto markets right now, do you think a lot of people will prefer to trade via copy-trading?

Do you think a lot of people now think it's safer and more profitable relying on a professional traders running the trade for them?

Share your thoughts!!

Crypto Exchanges / Could Crypto wallet be the next drive for adoption?

« on: July 25, 2023, 06:21:40 PM »

Looking at the article from Cointelegraph, Nansen and graphic analytics from TokenInsight about the latest success of Bitget after integrating BitKeep wallet ranking now among the top four largest cryptocurrency exchanges by trading volume (approximately $666 billion), it is obvious that the use of wallets is becoming more popular and important in the world of crypto. 2 of the first 3 also have their own wallet (Binance – Trust wallet; OKX – OKX wallet). That has also spurred the rebranding of bitget which has got bitkeep renamed as Bitget wallet and their slogan now changed to “trade smarter”.

Personally, this should be good news to the crypto world as the crash of FTX is now replaced by another high performing exchange which has highlighted the success of copy-trading that has helped new and reluctant traders to trade with high percentage of success.
Technically speaking, there have been a lot of debate about regulating the crypto industry for the benefit of increasing people’s confidence and reliance on the space and lots of countries have kickstarted that process already including UK, Hong Kong, Australia, Canada, USA and many more.

My take though is that while regulation may take away its decentralized nature, it’ll also bring more sanity and confidence to a whole lot of crypto native and non-crypto natives alike.

Please do share your thoughts about the drive for crypto relevance and success

Crypto Exchanges / Bitget crypto exchange launches a project that bridges Web2 and Web3 - TYPE

« on: June 30, 2023, 11:45:19 PM »

TypeIt is a project that aims to increase the adoption of Web3 by use of virtual keyboard integrated with NFT. I've been following this project for more than a year now and it seems to use the fact that almost everyone uses keyboard to endear the project to everyone meaning you earn while typing.
It's tokenomics and vesting schedule also makes it almost impossible to have a negative price effect though nothing is impossible in the crypto space. So, always do your own research before taking any step.

The launchpad centres around BGB holders as exchange for TYPE at the end of the launchpad