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Messages - rizqillah
1
« on: Today at 04:24:02 PM »
With the change of Binance CEO, making CZ's case does not affect BNB coin much, this is a good move from the Binance team. BNB coin is a good coin to hold, because it is always supported by Binance Exchange with its launchpad. Isn't that right, dude?
It actually does. Don't you think the price of bnb might be up more if not for the fact that CZ was caught by this US allegations and if eventually he also had more time in jail, it will affect Binance because any time CZ is mentioned, all hands will be pointed to Binance and that will continue to affect the reputation of Binance despite the CEO change and because of this same US money laundering things, some US companies would be avoiding Binance for business especially now that they are trying to move all their business out of th US completely.
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
2
« on: Today at 04:20:48 PM »
That's right, there are coins that have a greater chance of providing greater profits than ethereum, we can also invest there. but if we compare which one is safer and will provide profits even though it is not as big as other coins, I will choose bitcoin and ethereum as priorities and other coins as alternatives.
I think a coin that has the opportunity to provide greater profits will definitely have a very high risk, I don't dare to make a decision like that because it concerns the capital money I use for trading. So I also prefer to take safe action by buying bitcoin and ethereum as you said.
You are thinking of investing or trading in a coin that has very low reliability but only you see the market of these coins change significantly and because of this change you can make a lot more profit than all other reliable coins. If you think so much about investing then you should think more about investing that investing in all these coins will give you a high chance of profit as well as a chance of losing your capital. If one's capital is not protected then it is surely foolish to think of profiting there. There is no problem if the profit is relatively low but you need to ensure that your capital is protected first. Hope you think all these thoughts before investing or trading and then decide to invest or trade.
Actually, your suggestion makes sense, if we have to think about protecting our capital before we think about investing or trading. but there are people who take higher risks by investing in new coins whose future is unclear. This is also the way of people who do not think about their capital
3
« on: Today at 04:15:35 PM »
Yes, old coins that have no potential and popularity will slowly die, but old coins that have been in the top 20 coins are still around today. We can invest in old coins, if we want bigger profits we can invest in new coins, but we know the risk of new coins is greater
Take note of top 20 coins on coinmarketcap/coingecko but not all of them are good like meme tokens like Shiba inu its just hype right now but it is not a good investment for the long term it can die in the future because it does not actually have any use unless developers develop a project that can use these token that can burn tokens once you use this token on that project.
There are many coins in the market and many of the coin markets are very old but not all coins can be trusted. Those of us who are involved in crypto currency must have enough knowledge about the correct and old coins in the market. Coins that have been in the market for a long time as well as coins that are full of potential and coins that can be relied on are old coins but we can keep a list of choices for investment. There are some coins that are seat coins but have been in the market for a long time, I would not put those coins in the list of investment preferences because these coins are not reliable at all. Not only must it be old but also must be reliable then the coin will be right for investment.
It's best to choose the top 10 coins, the majority of which are old and reliable coins. because the rank proves they are in the top position. There are also investors who invest with new coins because they want faster profits. I think everyone has their own considerations
4
« on: Today at 04:13:29 PM »
Investing in Cryptocurrency can sometimes make us frustrated, sometimes even stressed, in one day we can lose assets if we invest incorrectly. Indeed, if we want to be safe, investing in old coins may be safer than investing in new coins.
However, at least once in a lifetime we can experiment with investing in new coins, even though this carries a higher risk.
New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss
5
« on: Today at 04:11:30 PM »
I agree, it’s a kind of dualism. In fairness, it should be noted that investments are also being made in truly technological projects; it’s just that if they grow in price, it’s not like the same memcoins do, and there is a certain paradox for me in this. I think you yourself understand perfectly well that There are powerful and necessary projects in technological terms, but they are not even close in capitalization to the same notorious memcoins.
What you say is one of the biggest problems (I always speak from my point of view) of the cryptocurrency industry. That there are few truly innovative projects but they barely have the capitalization and investment of some memecoin that has just appeared on the market. That's why I try to avoid new "projects" added on CoinGecko and CoinmarketCap, because there are really very few projects that are launched in months and dozens of memecoins daily with many millions of investment. Unfortunately, for many people, quick money takes priority over innovation in the industry, and it's something I can understand, to a certain extent.
It seems to me that this moment can destroy the industry if you look far into the distance. This can develop into something like shares or securities of some enterprises that appear and are stamped to inflate a soap bubble. Well, or something completely extraordinary will happen and all these memcoins and other crap will collapse and normal projects such as the ether of the solanum of the atom, etc. will remain.
Coins that have projects that are useful for users such as ethereum, BNB, Solana, etc. will still exist and last a long time if the team always improves their projects. Meme coins are not a good choice for the long term, but they can provide quick profits in the short term if you buy them at the right time.
6
« on: April 26, 2024, 09:19:02 AM »
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
If the supply of Ethereum is too much, it seems to be an important problem because basically the Ethereum ETF will be used for trading very quickly. If the supply of Ethereum is too much, it will pose a danger to those who are trading and it could become a time bomb.
If supply is too much, I don't see that being a problem if demand is also high. But if the fever decreases, it is certain that the price of Ethereum will plummet. In trading and holding, it is almost the same. Only if we hold for a longer period, we are safer.
7
« on: April 26, 2024, 09:14:27 AM »
If you look at the current market, it looks like Bitcoin will be stuck in the $50-60 K range for some time. but if there is good news, the price of bitcoin will rise. We are all also waiting for the ethereum ETF, if the SEC approves this will be good news for ethereum and also crypto lovers, because it will definitely have an impact on the market
Exactly, there is good news about cryptocurrency, especially Bitcoin, which will provide quite good price movements for Bitcoin, but for now it seems like the SEC still hasn't given a good response to the Ethereum ETF. It's still pending and no one knows when the SEC will give approval to Ethereum.
Rumor has it that there will be an answer in May this year, but we'll see whether it's true that the SEC will approve the ETF or not. We see a lot of people waiting about the SEC's decision on ethereum ETFs. because to be honest, I still hold ethereum in my wallet
8
« on: April 26, 2024, 09:09:23 AM »
The Binance team always thinks about the sustainability of its coin BNB and also its smart chain project BSC. Currently Binance is the biggest exchange and good reputation, with the launchpool event we see that the BNB price is still moving quite well.
It's true, currently there are lots of new projects being launched on the Binance platform, of course Binance will continue to consider BNB to stay at the top. Binance realizes that its platform has very high users and a good reputation, so they are smart to provide many events that require BNB to participate.
The launchpad event by using BNB coins is a Binance team strategy. they want BNB coins to still have a good price.
With more and more projects using the BSC network, the price of the BNB coin is improving. Because we know that BSC or Binance smart chain is increasingly popular by offering the advantages of lower gas fees and fast transactions
9
« on: April 25, 2024, 03:01:03 PM »
To improve the trading we do, we have to keep practicing and of course this method requires a large amount of capital. As long as you want to learn trading, you have to keep doing it, never stop learning something new, until the time comes for everything you have done. learning will be useful for you and you will become a professional trader because you already have quite a lot of trading experience.
You are right to become a professional trader requires long experience and of course sufficient capital because we have to learn from all the mistakes and losses in the past. This is what is called sacrifice to become an expert.
10
« on: April 25, 2024, 02:59:07 PM »
yeah every country has its own policy for its prisoners. And clarity about this should be stated in their laws. Regarding CZ, whether he is still monitoring Binance's developments or not, we don't know. But what we see is that Binance Exchange and BNB still seem to be fine and not affected by CZ's problems when there was a change in CEO
BNB still has a stable price because CZ has given up his position to an RT person so that Binance remains safe. So far BNB still has several Launchpads which allow them to continue to make BNB prices more stable.
With the change of Binance CEO, making CZ's case does not affect BNB coin much, this is a good move from the Binance team. BNB coin is a good coin to hold, because it is always supported by Binance Exchange with its launchpad. Isn't that right, dude?
11
« on: April 25, 2024, 02:57:09 PM »
Yes, BNB is a popular coin that is supported by Binance. If you say that Binance doesn't manipulate it, that's actually not entirely true, because after all, Binance will always support BNB coin. I also believe we will not be disappointed if we buy BNB when it is bearish and hold it until it is bullish
That is why the Binance exchange was created which has the important purpose of manipulating the price of BNB, moreover the Binance platform has several Launchpad events that can only be used for those who have BNB. So that this way will make BNB very much in demand and potentially have an expensive price.
The Binance team will always have a strategy to keep its coins from dropping too deeply. This is a complete team, as is the project. Binance has an exchange and also a Binance smart chain network. Binance exchange always has a launchpad event that uses BNB coins. This is a good team strategy, worthy of appreciation
12
« on: April 25, 2024, 02:53:49 PM »
But in my opinion, in the long term, it would be better to invest in old coins that have been proven to be able to survive when the market crashes, because if new coins have not been proven to be able to survive then that is more risky too.
But that doesn't mean it's not allowed, but I'm just suggesting. It depends on our choice, if the results of our analysis say that the coin is worth investing in, then it doesn't matter whether it is new or old, as long as we are ready to take the risk.
Before making our choice whether to invest in old coins or new coins, we really have to do an analysis first, at least if we are unable to analyze then we do it or look at the history of the coin, good or bad if we invest in it. It's not easy to make a choice, but if we have experience it will make it easier for us to make a choice.
Experience will indeed be very valuable when we carry out analysis so that we can then make a decision, whether we will invest in that coin or not. Experience has its own space for us, because there are other things that help us in analyzing.
Not everyone has that advantage (experience), because experience requires a very long process and we get it not only in one or two months, one or two years, but more than that.
Experience is very important in the world of investment, especially in the crypto world where it is difficult for us to carry out analysis and research on projects. We also don't know who their team is, except for projects that have reputable teams. So with experience too, we can know when to enter and sell
13
« on: April 25, 2024, 11:35:42 AM »
Permission from the government to protect its citizens and some to prevent money laundering. As far as I know, in my country we are only allowed to invest in crypto, not to use crypto as a payment method. In my opinion, permission is required, because after all, every country has its rules
Exactly, each country has its own policy. If your country has a policy that cryptocurrency is only used for investment then that's good enough. Because countries like China and several other large countries have policies strictly prohibiting the use of cryptocurrency for investment and payment methods.
If it is prohibited in other countries, such as what you call China, many of its citizens invest there. The Chinese government should have a policy that protects its citizens from investing in crypto by providing investment permits.
14
« on: April 25, 2024, 11:33:40 AM »
Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
I think so. It’s not at all easy to analyze such projects since it’s impossible to know what they have planned at all. We can only know one thing: that all these projects are designed for the coin to grow very much and they will sell it at an attractive price.
Agree, it's not easy to know what their plans are, but I think by doing research and experience we can learn the direction of their movements and goals, just think of playing with luck and don't use big money to invest in meme coins. This is really very risky.
15
« on: April 25, 2024, 11:29:48 AM »
Bitcoin mining requires large costs, procurement of equipment, electricity costs, etc. but until now there are still many bitcoin miners who are still active and surviving, so I think bitcoin mining is still profitable.
You just used the word survive, but this does not mean that it is profitable. I myself was once a Miner and I make good money from it, but for more than 3 years now, mining has not been very profitable, especially for my Bitcoins, because previously I was engaged in mining on video cards. And even if mining went down for some small profit, I could always sell these video cards and make a profit from it, but selling old ASICs is unrealistic; no one needs them.
Bitcoin mining rate now very low So mining is not very profitable now. But if one has enough money to invest then he can invest in Bitcoin for long term and it is possible to get more returns than other investments but if one is a panic seller then the investment will not give good results for him. on the other hand they will lose The future of Bitcoin is great but not everyone can take advantage of it. for those who can patiently hold Bitcoin for a long time, the future of Bitcoin and themself is bright as well.
You are right that surviving doesn't have to mean making a profit, but it also doesn't mean losing. Because it could be that they are still using old equipment that was used to mine bitcoin. but in my opinion, both as a miner and as a holder, buying and holding for a long time are both equally profitable.
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