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Messages - DAMKAR
1
« on: Today at 11:05:50 AM »
I Mostly use Ethereum for transactions and that's why I hold. However, I sometimes send some to exchange to get more from other coins with Bitget smart portfolio. That when I see that those altcoins have pumping potential and I will need more ETH. Instead of buying more ETH, I pair with altcoins.. Although, It doesn't work out as expected everytime but most time.
Ethereum gas fees are now decreasing. so indeed we can use ethereum for transactions. I only hold ethereum for the long term, because for transactions I prefer other coins with cheaper gas fees such as BNB, Solana and TRX. because ethereum is more suitable for long-term holding, in my opinion.
When you don't want to make transactions using the Ethereum network, it is better to hold Ethereum for a long time. No one knows how Ethereum's price will move in the future. But I believe that in the future Ethereum will still have a very expensive price and demand will continue to increase.
If I prefer to hold other coins than ethereum, I hold BNB and Solana. I make transactions on the BNB network, this is more profitable for me. but if you prefer ethereum, that's up to you. Everyone has their own considerations.
2
« on: Today at 10:58:04 AM »
I stopped investing in altcoins for quite a long time now because altcoins investments carries a lot more higher risks and you can lose more. My previous experiences with altcoins wasn't really blissful and I don't regret saying no to altcoin investment.
Bitcoin on the other hand has proven to be quite a more secure and efficient way to invest and I've never regret choosing bitcoin over altcoins,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning 
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
Actually, you can choose any coins that you consider to have potential and that you are sure will bring profits, I will try to answer your question. We have many choices but it's best to choose the coins in the coin top. That's better and less risky
3
« on: Today at 10:56:03 AM »
It is unknown when cryptocurrency will be bullish or bearish. No one knows when an investor will be profitable. So there is always an increase in risk. But for a professional and experienced person it is possible to make profit by trading. There are many experienced traders who cannot guarantee that they can profit from trading. However, it is not always the case that the trader will be able to make a profit. There are many people who make losses while trading. Even if their experience and knowledge are sufficient, the same situation occurs. Both professionals and non-professionals can make profit or loss but professionals have more chances of making profit than others.
Of course, professional traders gain more profits than losses in trading, because they can manage losses by getting bigger wins. Crypto is unpredictable, it is reality. But a professional trader can predict market movements.
4
« on: Today at 10:04:41 AM »
It's very risky to invest in new crypto coins. Especially if it's a memecoin. Most coins are listed at higher value. I mostly set limit other like I did with GME on Bitget after seeing the pump. With limit others, you will be able to buy at a lower price instead of buying at the top.
Many are currently avoiding buying new coins even though we know that new coins promise very good profits, but because the reputation has been bad so far, no one dares to speculate and try to buy.
Many altcoins even have problems. Of course, it's not appropriate to try meme coins, of course, it's not really recommended for investment.
The principle of buying coins is that they have potential and, if possible, when the price is corrected, you will get the cheapest price. Even if not, it can still be used as an investment.
Although new coins are giving good returns, it is not the case that all new coins can survive in the market. There are many new coins where investing is risky. Where the money invested may not be recovered. Although new coins are risky, those who can take the risk and invest there can also gain in return. But I don't encourage investing in all of the new coins. Especially coins that have no basis in fundamentals. Better to invest in a mix of old and new.
For those who have experience and knowledge of investing in new coins, they can invest in new coins. I tried it but experienced losses several times. I prefer old coins that have a clear reputation. because the risk of new coins is quite high and I have no experience investing in new coins
5
« on: May 19, 2024, 12:51:45 PM »
That's right, $1k for the price of BNB, which is a very popular coin, I think is still reasonable and can happen when Bitcoin reaches its TOP ATH. We should wait and see what ATH Bitcoin will reach and this will affect altcoins, including BNB.
To reach a price of $1k is very easy, we have to know that BNB has a Binance platform which often manipulates prices without many people knowing. They also provide several launchpad events that all Binance users who have BNB can participate in. This is one thing that makes it easy for the BNB price to reach the price you mentioned.
The manipulation of the price is part of the game
In theory, when we talk about price, everything is determined by supply and demand, but utility is the key.
The more uses a coin has, the more people will buy it, and as we all know BNB has many use cases.
So I agree with you, $1k is just a matter of time. We just need more patience.
Yes, BNB is a potential coin and Binance Exchange always has launchpad events that use BNB coins. BNB has the potential to reach a price of $1K, if the price of bitcoin is above $100K. Because after all bitcoin is the realm of crypto currency, all coins follow the movement of bitcoin.
6
« on: May 19, 2024, 12:49:24 PM »
2025 all time high bitcoin price record will be set, I invested in January 2023. I have waited so long if bitcoin price touches $200000 in 2025 then of course I will sell my holding, and I will wait till halving in 2028 because my investment is long term. Basically there are several other methods of Bitcoin investment among them DCA method is one of them, if you follow this DCA method it will be possible to invest maximum Bitcoin. Because it is best to hold bitcoins for the long term, this is the way many investors have invested them in the past, and it is basically investing for a long time with a small amount of money.
- What you said, mate, is also what I have in mind; actually, it is between 140k and 250k; that is what I see in the analysis I am doing, though it is just my prediction; I don't know about others; and for the price target, I think it's only 150k, and I'll be fine there.
I'm satisfied with the profit I can get at the price I mentioned; it's right what I have; instead of wanting too much, I might become greedy without realizing it, right? So the simple profit is fine, and I'm happy.
My selling target is not as high as yours, friend, I will sell Bitcoin at $100K, because for me that is enough profit. If bitcoin will reach a price of $150K, it is a profit for those who have the courage to hold bitcoin until that price
7
« on: May 18, 2024, 11:08:11 PM »
Agree, but not only as a payment method, but recognizing and being able to trade also influences that.
Bitcoin will continue to move upwards due to the active movement of trading carried out, so that demand for Bitcoin always occurs, which automatically causes Bitcoin to increase due to this demand. That is the economic mechanism of trade, the more demand, the more value will increase by itself.
In general, the price movement of every commodity that is traded will have upward and downward price movements. If we see the price of something new which always increases in price, it will cause interest to decrease. With the opportunity when the coin price drops to become cheap, this is something that is often taken advantage of. traders to buy as much as we can.
Buying a potential coin when it goes down is an opportunity we shouldn't pass up, but do your research and really understand the coin. It is highly discouraged to purchase new coins, as their reputation is unproven. that's what I think,
8
« on: May 18, 2024, 11:05:41 PM »
I respect your prediction mate because of course that is your funds and its you that will either benefits or lose in this investment but yeah for me i am still not believing to invest in litecoin instead to choose other altcoins investment because my LTC belief has long gone now.
Invest in coins that you are confident will make a profit from those coins. If you have lost faith in Litecoin, it's best to leave it. There are still many other coins that have more potential in the top 10 coins. You can choose it. Good luck and enjoy your investment.
9
« on: May 18, 2024, 11:03:12 PM »
Is etherium safe?
I am an ethereum wallet user and I have used this wallet for a long time so I know a lot about this wallet. From the experience of using this wallet for as long as I have, I feel that the security system of this wallet is good enough and very easily no one can access this wallet without your permission. Since the security system of the wallet is good enough, if you use this wallet and deposit your coins in this wallet, your coins will be safe there. So if want to use this wallet then I suggest you to use this wallet surely you will get positive results.
Yes, I am also an old user of ethereum wallet and until now it is still safe and I have never lost my assets there. Maybe currently there are lots of wallet choices, but I am still comfortable and feel safe with an ethereum wallet.
10
« on: May 18, 2024, 11:01:14 PM »
For this reason I am actually surprised that Dogecoin outperformed Polkadot Coin. Due to being Elon Musk's coin, this coin has received a huge amount of publicity. As a result, it has overtaken Polkadot Coin and currently stands at 10 in the cryptocurrency. I think Dogecoin will gain a good amount of popularity in the future and its value will increase significantly compared to other coins.
You should not be surprised because if there is a project that develops very well like Dogecoin, then there is a possibility that Dogecoin can go to second place and take Ethereum's position, because we all know all the possibilities regarding cryptocurrency prices in the market.
This is very difficult to happen dude, doge coin rose to second place replacing etheruem. There are still many other potential coins above Doge which is currently ranked 9th. BNB and Solana are still popular and potential coins to buy at the moment.
11
« on: May 18, 2024, 10:58:05 PM »
Polkadot is a good coin for investors. Those who want to invest for a long time, of course, I think they can benefit if they invest in Polkadot. The polkadot price will definitely increase if it is a coin polka dot perfect for a long timein investing.
Yeah, Polkadot seems promising for the long haul. Its technology and ecosystem are solid, which could drive its price up over time. Plus, with its interoperability features, it has the potential to stand out in the crowded crypto space. Worth considering for a long-term investment strategy! 🚀
If you believe polka dots will be good for the long term buy it and hold onto it for the next few years. I personally prefer bitcoin, ethereum, BNB and Solana for the long term. because in my opinion these coins are more popular and have more potential than polka dots
Polkadot will probably increase its price again when altcoin season comes again, but for now BNB and Solana are still the best. Maybe we can invest with a small nominal amount in Polakdot so that when the price goes up we don't miss out on that opportunity.
Yes, polkadot are also an option for investing. Even though BNB and Solana are currently showing good progress, Polkadot will also experience an increase during the bullish season, so as you said, we shouldn't miss that opportunity.
12
« on: May 18, 2024, 10:56:57 PM »
The supply is so large and has such a large market cap that this is really very good for TRON coins to be more freely accepted in all centralized markets.
With the cheap price, TRON can also be used as an option for withdrawals from all Centralized Exchanges because the effect can also be that the WD fee is cheap, very different from the WD fee from Bitcoin and Ethereum which can reach more than 3 USD.
Justin Sun as the CEO also continues to update every day on Twitter so that TRON has lots of fans and continues to be traded throughout the cryptocurrency market. This is a very appropriate step from Justin Sun as the CEO of the TRON coin.
that's true, TRON supply is so large and many people invested in this coin.
Unfortunately I didn't buy TRON while the dip.
I see TRON price is already to high.
But It's not too late.
Etherium also had unlimited supply and it was falling very hard at the moment, but even after the news about the constant burning of the coin immediately began to grow and is growing now , tron can also make such a mechanism , no one prevents them and after it the price can increase very much.
This is one of the reasons the SEC has delayed accepting the Ethereum ETF. If only Ethereum's supply had certain limits, it would make the SEC quickly approve the Ethereum ETF. Even though Ethereum is the king of all existing altcoins, it cannot provide satisfaction to its users.
There are many things that the SEC considers when approving an ethereum ETF, including what you said, a supply that is too large is also not very good. Because many users have started to switch to other networks, even though ethereum is the king of altcoins, remember that it will not last forever and one day it will be replaced.
13
« on: May 18, 2024, 10:55:10 PM »
ETH and the BNB both platforms are good and best. ETH platform gas fee is so much high but in the BNB the fee is very low and this is good for the investors. This time the ETH platform projects are not so much high than the BNB becasue of fee but at first almost projects are connected with ETH and that time the fee is also very low.
I don't agree if you say both platforms are good, I just see that the BNB network is the best at the moment, because when you look at Ethereum fees which are too expensive then BNB still provides the best. Even though Ethereum fees are currently falling, there is a possibility that they will rise again when transactions on the Ethereum network increase.
This could happen, if ethereum network traffic increases again, ethereum gas fees will increase again. Binance smart chain is a good alternative choice, but we can also use Solana and TRON, because these two platforms are also quite good and cheap.
14
« on: May 18, 2024, 10:52:32 PM »
Having large assets in the form of BNB is also a good thing, because we can follow the launchpad there. The BNB coin is quite stable and moves according to the performance of BNB, I'm not saying this is a stable coin.
And I have no qualms with this coin. Because there is Binance behind it.
That's right, at least we can still make a lot of profit as long as we can make the best use of the BNB we have. The Binance Platform provides many options to still make a profit when holding BNB, one of which is being able to participate in Launchpad and also being able to carry out a staking program on Binance.
Binance always supports their coin, BNB with launchpad as you mentioned. BNB is one of the potential coins and is in the top 5 coins. This coin is quite strong and always shows good progress when bullish, it can follow the movement of bitcoin.
So when many people talk about Binance being a place where price manipulation often occurs, namely BNB, that's a pretty correct assumption, right? They have many programs that require participants to use BNB, just one way to cover up their cheating system, right?
I think it's just a strategy from Binance to maintain its coin, namely, BNB. and this is also done on other exchanges, how they always use their coins to launch launchpad programs. And I think that's a normal thing for an exchange to do to protect its project.
15
« on: May 18, 2024, 10:46:38 PM »
Ethereum coin is second only to Bitcoin, so even though it is an ERC-20 platform, it is in high demand and preferred by investors. But it has expensive gas fees which annoys the holders a bit, I do very few transactions mainly because of gas fees. Two transactions a week and most towards other platforms. Because this is the most economical way to save gas fees, Ethereum coins are popular in terms of holding. As an altcoin it will do well as it is reliable enough and has remained in the market faithfully for a long time.
Even though ethereum gas fees have now decreased, many still use other platforms such as Solana, BSC, TRC 20 etc. They are already used to the platform. because we know previously that the gas fee for making transactions on the ethereum network is expensive and it will make us lose a lot of funds just to make transactions
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