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Messages - DAMKAR

Pages: 1 [2] 3 4 ... 150
16
Ethereum Forum / Re: ETH predictions of next week.
« on: May 18, 2024, 10:44:17 PM »
Many predict ethereum will reach an ATH price of $10K, but to me that seems unlikely to happen. If I predict the ATH of ethereum this season will reach $6K, if the ethereum ETF is approved by the SEC it is possible that the price of ethereum could reach $10K.
Ethereum does not walk alone and it works with bitcoin and if Ethereum hit $10k then bitcoin has to hit $150k or more because even the previous All Time High of bitcoin Ethereum was still at the low price of $3k not even $4k. And I don't think Ethereum will reach $6k in this whole again because if it would have climbed to $5k when it rising to $4k this year. But it reduced again to $3k and stay there for while time when bitcoin was making wave to the $73k
You are right, the movement of ethereum always follows bitcoin, maybe if the SEC approves an ETF of ethereum we will see a higher increase in the price of ethereum. I also previously said that an ethereum price of $10 seems unlikely if bitcoin doesn't reach more than $100K.

17
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 18, 2024, 10:41:52 PM »
Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.
For newbies I think is impatient for them to thoroughly understand the basis of trading before jumping into funding their account and just choose whatever coin they think could give them what they want without them making more adequate proper research. And of course professional always understood that their lost is a great lesson and would quickly adjust to finds out their mistakes and then correct it.
Beginners always want to make quick profits, without doing research and just reading hype news. That's why many beginners experience losses at the start. a professional always learns from past mistakes and defeats, and tries not to repeat them, I agree with your opinion

18
Yeah, there are lot of people getting rich before just by hunting airdrops for free, but now it's very rare to happen. There were only few participants of airdrop in the past and because they are so many hunting airdrops the allocations for each participants will only receive a small amount doing many tasks for months. So I think it's not worth it, particularly if you are not hardworking enough to get on the top of the leaderboard.
Looking bigger reward of airdrop looking the reward allocated amount, some airdrop allocated around 2% to 40% for community or airdrop participants behind their coins supply. Its very worth airdrop for participating but some airdrop allocated by using estimate around 10k dollar to 100k dollar but its not worth yet behind the participants is not limited.
I think have been selective for getting bigger amount of airdrop reward by allocated based on their coins not depend with estimate because currently each campaign of airdrop have thousand hundred participants.
Nowadays, it is quite difficult to earn $10,000 in an airdrop without spending money. The most profitable airdrops I observe are those that create a testnet; each transaction pays a cost, and the more money transferred, the greater the rewards. Because they did not show the criteria, many testnet participants will not receive a rewards.

Aside from that, it doesn't matter how much the supply; what matters is the percentage of overall supply allocated to airdrops and the marketcap.
It's true, Airdrop is different now, it's not like before where it was very easy to get as much money as you mentioned, but when you have some special tricks and you also want to run a node if there is one then that task will get quite a lot of results.
Can you share this special trick here, because I have participated in airdrops many times, only getting small rewards. and for me it is not worth the time I use to do the assignments. I prefer BTC paid bounties, because we definitely get paid every week.

19
Binance Coin (BNB) / Re: Investment of BNB
« on: May 18, 2024, 10:36:17 PM »
Binance's reputation is damaged not because of the mistakes of any transactions made by its users, as far as I know, but because of internal errors by those who do it.
Binance has done well with every suspicious transaction, but cannot freeze it unilaterally because it will set a bad precedent for its users, and they don't want to lose their users because of negligence that is done without anything that can be accounted for.
That's right, an internal error was unable to control the entry and exit of money at Binance so it was caught committing money laundering which was prosecuted by the SEC. So this error made the CEO of Binance, CZ, have to take responsibility for the problems that occurred. Hopefully Binance will learn from this mistake so that it doesn't happen again in the future with the same mistake.
Yes, I hope so too. Hopefully the CZ incident will not happen again because this will affect Binance's reputation as the best exchange. And the trust of users can decrease if this happens, it will also affect the BNB coin.

20
When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.
Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

21
Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.

I think so
Correction is a healthy reset,  capital flows into the network climbing again, Bargains will float to the surface and correction can be the perfect time to get rich if we are prepared for one
BTC just had a halving, Financial Companies are coming in and Halving will make BTC more valuable.
We are still in the early stages of a huge exponential move, Bitcoin season.
And I hope Altcoin season will follow soon
agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.

22
I would never assume that all airdrop campaigns are genuine or that all airdrop campaigns will pay you. I have enough experience working on air drop campaigns and from that experience I can say if you run 100 good quality air drop campaigns out of which one or two will pay you the most. If you think that I will join any airdrop campaign and get paid for 100 airdrops together then you are wrong. Because first you need to find good quality air drop campaigns then join those good quality campaigns then you can expect like payment. But if you are patient and join good quality air drop campaigns then some big payouts can satisfy you.
Currently it is difficult to find Airdrops that are really good and will pay with high rewards. My principle is that as long as I have free time to do it, I will do it. 
Just leave the final result alone and we don't need to have too high expectations to get a big reward, so that we won't be disappointed and remain enthusiastic about working on Airdrop.
If you are willing to take the risk by participating in a retrodrop or other airdrop that requires capital, you will get a higher profit than a free airdrop. Many free airdrops are not successful, but if you have free time, go ahead.

23
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 18, 2024, 09:55:52 PM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
The two concepts are indeed different but yet have something in common which is the involvement of risk, how successful you are in both of them depends on your risk management and tolerance.
Gambling is mostly more about luck and chances and less skill and experience while trading requires more of skill and experience and less luck and chance, to be a successful trader, youll need all the knowledge, skill and experience about thr market's dynamics in other to help you make logical decisions while trading.
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.

24
Voting / Re: TRX or ETH?
« on: May 18, 2024, 09:53:20 PM »

Originally Ethereum is the second coin after the first being bitcoin and for investment one must includes Ethereum in their investment than Tron trx. Whenever i am making serious transaction that i would want a quicker confirmations i would chose the trx network over the Ethereum because of higher transaction fee while trying to make out payments.
I also do the same thing as you, in making transactions I will choose TRON over ethereum, because TRC 20 is cheaper and we as small investors also suffer if we are exposed to high gas fees from ethereum, although currently ethereum's gas fees have decreased but I am used to it with TRON.

25
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: May 17, 2024, 05:11:20 PM »
Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.
Hopefully the price correction that is occurring in bitcoin will not make many people panic and the price will remain above $50k, because so far if bitcoin falls to a price below $50k it will make many people panic, including new traders and those very panicked because I was trapped at high prices.
Keep calm , dude. Bitcoin prices have improved again, and are likely to reach $70K again, maybe even more. I'm not too optimistic, but looking at market movements and increasing trading volume, I think it will happen, a bullish season

26
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 17, 2024, 05:09:28 PM »
If you feel that investing in bitcoin with $100 is not worth it, you can use low-priced altcoins to get bigger profits than buying bitcoin with just $100. There are many choices we can make when investing in crypto
In my opinion, investing with capital of $100 is quite a lot, we can save it for a very long time because there is the potential for the price of bitcoin to increase in price every five years, you can see the price soaring. It's better to make purchases little by little because it doesn't feel like you will have a large amount of bitcoin.
Your suggestion is quite good, we can buy bitcoin or altcoin little by little. by buying gradually when it is bearish we can accumulate lots of coins and will make a profit during the bullish season. Capital of $100 is also quite valuable, if we can choose the right coin

27
Ethereum Forum / Re: Why Ethereum is The Best?
« on: May 17, 2024, 05:06:58 PM »

It's true, there is still the potential for a price decline in Ethereum, Ethereum can never be used as a place to trade quickly. Usually those that can be used for fast trading are projects that have just been listed on exchanges or also altcoins that have just received good news.
Projects that have just been listed on the stock exchange are very profitable if the project is good and we can enter early. But be careful, some are also trapped in newly listed projects. The price of ethereum will always follow the price of bitcoin, if the price of bitcoin goes down we will see the price of ethereum also go down.

28
Ethereum Forum / Re: ETH going to 3k
« on: May 17, 2024, 05:04:57 PM »

Hopefully what you say is true, because so far the gas fees that are a problem on Ethereum have started to decrease. I don't know for sure what the developers are doing. What's important is that we can see that Ethereum transactions now no longer require expensive gas fees.
Yes, transactions on Ethereum are now cheaper, so I think the Ethereum gas fee is no longer a problem for us. The price of ethereum has reached $ 3K, and I hope that soon the price of ethereum will touch $ 5k. I still hold some ethereum, so I also hope to make a profit from ethereum this year.
When Ethereum transactions become cheap like this, I can conclude that the condition of the Ethereum network is not too busy. There are not too many projects being developed using the Ethereum network, making transaction costs very cheap like now.
The ethereum network is not very busy, which raises the question of whether users leave the ethereum network and switch to other, cheaper networks. That must also be understood by the ethereum team. because this is also a danger that threatens his project

29
Binance Coin (BNB) / Re: BNB prices will go up
« on: May 17, 2024, 05:03:15 PM »

The government should be like that, but basically, without many people knowing, there are already many governments that understand cryptocurrency and are trying to control existing cryptocurrency. Many countries have done that. We can see one country, Singapore, which really supports cryptocurrency.
It's very good to hear that a country like Singapore supports crypto currency. governments in several countries have also started to allow crypto as an investment for their citizens, this is very good for us crypto lovers, because it will make demand higher and the price of crypto will increase.

30

That's why we have to keep looking for work that can provide a definite income for our lives. Make airdrops a side job that we can do when we've finished doing work in the real world. Airdrops will no longer be beautiful, there are too many participants and people talking about airdrops and they are out of control, those who spread airdrops never think that it will have an impact on themselves, for example the results we get are no longer much.
that is the reality that is happening now, bounties and airdrops are not worth it in the past. We have to be smart in choosing bouties and airdrops, because there are so many airdrops in telegroups that we find it difficult to do research to get projects that are really good.
Choosing bounties and airdrops must be done, but sometimes we miss potential airdrops because we choose too many existing projects. Nobody forbids us to do research first. But I recommend that we continue to contribute to all the airdrops that we can participate in. Don't miss out. whatever project it is because we don't know which project will be successful and provide a lot of money.
If you have a lot of time, you can do this, by following all the existing airdrop projects. In fact, it's impossible for me to do it because I'm busy in the real world these days. Maybe just hearing friends' stories about their success in participating in the airdrop, that's their luck

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