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Messages - FOKA33

Pages: 1 ... 8 9 [10]
136
General Discussion / Re: Money or Respect ?
« on: March 03, 2024, 02:10:01 AM »
what will be your choice if you are given money or respect people often say that Respect cant be we know this is true but on the other hand we can not ignore the importance of money because like oxygen money is first need of your life we can not pass a single day without money so what you think about it ?
Money over respect
In a world we all are, money bring respect. Having respect doesn't bring money, if you have money you will respected.

137
DeFi tokens / Re: Does DeFi have a future?
« on: March 03, 2024, 01:53:08 AM »
Decentralized finance (DeFi) is a rapidly growing sector in the crypto world, with a wide range of financial applications built on blockchain technology. The question of whether DeFi has a future is a complex one with many factors to consider. Here are a few points to keep in mind:

Adoption: DeFi is gaining more and more traction, with the number of users and the total value locked in DeFi protocols growing exponentially. This trend suggests that DeFi has a promising future, as long as it continues to attract more users and attract more investment.

Technological advancements: Blockchain technology is constantly evolving, and DeFi will continue to benefit from these advancements. For example, new privacy-focused protocols, new consensus algorithms, and more efficient smart contracts will all contribute to the growth and stability of the DeFi ecosystem.

Regulation: The regulatory environment is a major factor that will determine the future of DeFi. If governments around the world adopt favorable regulations for DeFi, this will help to spur growth and increase confidence in the sector. However, if regulations are overly restrictive, it could slow the growth of DeFi or even bring it to a halt.

Competition: DeFi is a competitive sector, with many projects vying for a share of the market. The future of DeFi will be determined, in part, by which projects succeed and which ones fail. Some projects may be better positioned to succeed than others, depending on factors such as their team, their technology, and their community.

In conclusion, the future of DeFi is uncertain, but there are many reasons to be optimistic. If DeFi continues to grow and attract more users, investment, and technological advancements, it could have a bright future ahead.

DEFI enables fast, reliable and safe transactions in crypto it has build an amazing growth and use cases among it's users and investors.

138
DeFi tokens / Re: How safe is cryptocurrency?
« on: March 03, 2024, 01:41:01 AM »
Compared to other asset classes such as stocks and government bonds, investing in cryptocurrency  can be considered very risky.While cryptocurrencies are generally seen as legal across Europe, may aspect of cryptocurrency remain unregulated- or may be subject to shifting regulations.Fluctuating regulations are apart of what can make crypto markets more valnerable to instabilty as saw in summer of 2021 when china's crackdown on crypto-related activities coincided with drop in bitcoin's price.
Cryptocurrency is quit safe, not like that of assets.
Whereas it's not issued by the Central government or top officials. There are hardware's wallet that can be guaranteed by keeping your cryptocurrency via investment.

139
Nigerian Languages / Re: Online trading dey cause mental issues!
« on: March 03, 2024, 01:29:26 AM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.

Omo trading no easy o, my mentor always dey say make I dey overcome fear and anxiety before, during and after placing a trade, Omo where I wan start from I go just dey analyse and place trade Omo e no easy but I believe it's a matter of time and patience,
Note to newbie it's not a get rich quick scheme, try dey chop b4 getting into it, it's only for the rich,no be beans and moi moi/okpa.

140
Nigerian Languages / Re: How are you earning in this crypto space
« on: March 03, 2024, 01:14:40 AM »
The reason I drop this country, say for this space get many ways wey person go tey earn for this space. Like trading, staking, holding, doing airdrops and affiliates etc. Came across a video when I saw a man was interviewed on how he made millions in this space with just $0 . Was actually crazy but still was true , when you are persistence with what you doing you would see your self growing in it making good earnings from it .

Back to the story the guy said he started with $0, so he started with doing airdrops so e said that e started trading with the money he had from the airdrops. E said one thing that got me laughing , e said memes came, bull run came and money was flowing from every where. He was being interviewed at his site he was matting another Manson with the money he made from cryptocurrencies., To this serve as a motivation to keep grinding.

That why came up with this topic how are you earning in this space?

you have said it all, making or earning money from airdrop isn't that easy, there are so many airdrops dat so many youth have come across with after all and all nothin good came out of it.
But some airdrops with great potentials and uniqueness are yet to come.
Other ways of making earnings from crypto space are mining, HODLings, farming, gaming, lending, memes, airdrop etc
Always Do your own research!(DYOR) b4 participating on airdrops.

141
Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.

ETH $5K
I believe Ethereum will surpass this price $5k --$10k 2025, because of it mass adoption and high demand.
It just gas fee that we need it to reduce.

142
why do people panic and sell their coins throw some light on this topic and share your opinion

They sell coins because of the fear of missing out?!(FOMO) i.e the newbies who  just got in the crypto world. That why investing I always think of long terms.

143
Meme Coins / Re: Which memecoin has come through for you recently?
« on: March 02, 2024, 03:18:51 PM »
My interest in memecoins began around April of 2023 after PEPE came to limelight and subsequently hit over $1b mcap in less than 3 months with many investors making 50 to 100×.

I became more interested after BONK followed similar pattern few months ago and decided to ape a little bag of MYRO towards the end of 2023 when the token dipped and it wasn't long before the token printed some green candle and went bullish around late January. Quickly took some profit and reinvested some funds after another flash dip.

While browsing through my X feed today, I was surprised to see the token trending again and on opening my Bitget PF, I was already 2×+ of what I just recently invested. Quickly took out decent amount of profits again.

It's not too much though but looking at the current BTC and major altcoins trends, I think looking into potential memecoin can do some magic and keep one afloat before the bullrun but of course it's not a financial advise.

Dogecoin change my life as 2020, when it skyrocket from $0.002 to 0.9 USD in 2021 and I made some gains from it. Other coins are shiba Inu.

144
why do people panic and sell their coins throw some light on this topic and share your opinion

People sell their coin because of fear and greed, though especially the newbies who just got Into crypto,
The word crypto is an investment for long term, people should know that's isn't a get rich quick scheme.
Be patient when investing.

145
Cardano Forum / Re: What Made You Believe in Cardano ??
« on: March 02, 2024, 09:45:54 AM »
I see a lot of investors who believe in Cardano coin.
There is also a large community that supports Cardano coins.
But I have a weakness and that I don't know what everyone needs for Cardano coins.
Can you guys share some advice in this thread about Cardano as to my knowledge this Cardano is always in the top 10 of Coinmarketcap rankings.
I Invested in cardano (ADA) as at 2019/2021 and made some mad profits out of it about 10X when it was at $0.3 and it then skyrocket to $3 as at 2021. Based on its protocol and running of smart contract. I believe cardano is a long-term investment and more it's yet to come in the future.

146
Cardano Forum / Re: What is Cardano (ADA)?
« on: March 02, 2024, 09:34:01 AM »
Cardano is going to be the bright blockchain of the future. I think this is the best time to invest in Cardano for a good profit. Day by day it is progressing. And it's shining.
And it's is efficient to that of it's (POW) NETWORK running smart contract facilitating on p-2-p transactions.

147
Solana Forum / Re: Is Solana coin a good investment?
« on: March 02, 2024, 09:01:50 AM »
HODLing Solana for a longer-term is solid based on its scalability and faster transaction in securing Blockchain and it been designed for dapp developments by staking, though it works like that of Ethereum.

148
Solana Forum / Re: What Makes the Solana Coin Unique ??
« on: March 02, 2024, 08:50:16 AM »
By own perspective Solana coin is unique based on its speed, and it's scalable. Due to its potential and recent development in the crypto space with it been a solid long-term investment and to its ecosystem.

149
Solana Forum / Re: Can Solana reach $100?
« on: March 02, 2024, 08:38:58 AM »
Probably it can skyrocket above $100 because the previous all time high (ATH) was $260 before it went down to it current price now. I believe having Solana for a longer-term can make up to a  thousand dollars.
DYOR

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