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Messages - youdacapt

Pages: 1 [2] 3 4 ... 7
16
Cryptocurrency discussions / Re: Why so much fear now in the crypto market?
« on: February 28, 2021, 05:16:28 PM »
There are 2 reasons i feel fear facilitate several minds of individuals in the market today; 1 is refusal to learn or understand how the crypto currency market works; the 2nd one is greed and the refusal to take profit when its available; it leads to unnecessary fear whenever theres a small dip in price.

17
DeFi tokens / Re: PancakeSwap surpasses Uniswap in trading volume
« on: February 27, 2021, 12:39:06 PM »
PancakeSwap surpasses Uniswap in trading volume
$ 1 508 688 258 vs $ 1,351 927 221
and took 1st place in the overall rating
PancakeSwap trades for BNB and commissions are very low - a few cents, unlike Uniswap

This proves to us 2 things; that the binance smart chain is massive and the pancakeswap is the best dex for the binance smart chain; and this also explains why the uniswap dex will never cross chain to binance smart chain; because doing that would mean sacrificing all power to binance and the binance smart chain

18
Cryptocurrency discussions / Re: Can cryptocurrency do away with fiat?
« on: February 27, 2021, 12:31:33 PM »
Cryptocurrency is a digital currency which is designed & expected to be operated, spent digitally, presently we have USD as the major value of it's distribution, most of us could transact daily after converting or cashing it out in our individual country's currency. USD is a fiat currency value.If crypto currency should mint out their own coin or not,it has possessed a fiat value, Do you think crypto can actually do away with fiat totally?

Crypto currency and fiat cannot do without one another; and for a very long time; will continue to co exist and fulfil their seperate roles in the world economies. Crypto is needed to sell fiat; fiat is needed to buy crypto currency. Crypto helps with easy and cheap cross border transfers; fiat helps facilitate payment locally and internationally.

19
Cryptocurrency Price Speculations / Re: Bitcoin price
« on: February 27, 2021, 12:23:46 PM »
Currently everyone see what happen today with the current dump in bitcoin price do you think this is just a correction or a dump which is just the beginning and still going to dump more, what do you think will be bitcoin next step pls I need your suggestion!!!

A price correction should never been seen as a dump in price; it was obvious to all that bitcoin at 57000$ was unsustainable for the long term; with zero support levels and flip flop increase in price. Instead of worry about bitcoin next step; why not figure out yours? you buy the bearS? or wait for more dip ?

20
No secrets about dogecoin, neither is there any peculiar characteristics about it; people fomoed and rushed to buy dogecoin after it was shilled severally by Musk and different exchange platforms. it was also crosschained to bsc chain to enable staking and farming sorts to push the price.

doge is literally a dump and pump token

21
We are still unsure if the altcoin season is coming to an end, because so far; alts are merely suffering in price because bitcoin is yet to find a support level yet; the best action at this moment is to continue to monitor the maarket; it could get even dipper; and it could pump too up too. Just keep your portfolio healthy

22
Cryptocurrency discussions / Re: Do you buy the dips now?
« on: February 26, 2021, 01:29:35 PM »
Do you also buy the dips?
Or are you waiting for some deeper dips?

History has taught me never to buy the dip; but the bear market. It is not news that bitcoin is struggling to find support and could dip as low as 35000$ before it finds support; but that does not make the market bearish enough for me as an individual to hop in and invest.

Never buy a falling dip, instead buy the bottom

23
DeFi tokens / Re: What DeFi is going to destroy
« on: February 25, 2021, 04:25:39 PM »
Only projects fraudulent or created to rug would be destroyed about the bull market; defi platforms will be here for a very long time unless they lack funds and are unable to continue but i believe not such. Pancake, uniswap, aave and 1inch to mention a few has set standards that will only get better and get more valued

24
Cryptocurrency discussions / Re: Does crypto support ROI investment?
« on: February 25, 2021, 04:08:36 PM »
I relate roi investment in crypto currency to farming and staking; so perhaps if you want to invest in roi invetsmemnt; you can do that by

1. staking on binance
2. staking and farming on pools on pancakeswap, bakery swap, julswap, bscex platform et all.
3. you can also farm eft, and ume on uswap.me using various LP Pools
4. you can also farm trx daily on eclipcityglobal.

Information they say is power; do your own research and pick the best option for you

25
Cryptocurrency discussions / Re: Dego or Juld Worth to hold?
« on: February 25, 2021, 04:04:48 PM »
Both Juld and dego are fantastic token you sure can hold; the question is why would you derive pleasure hodling them after each token has done over 450% in price growth ? In plain honesty; i feel like juld edges dego a little bit; Juld is a double digit dollar token; it is advisable that you have or hodl little of it for the long term.

26
Kucoin / Re: KuCoin is very undervalued
« on: February 25, 2021, 03:57:59 PM »
We have seen Binance BNB was rising a lot.
While BNB is very overpriced right now, KuCoin seems to be a good buy. KuCoin is a very good exchange and easy to use like Binance. KuCoin is very similar to Binance. KuCoin and Binance got jacked but funds were safu.

If we need a good exchange and a good coin to buy, KuCoin is a good decision.

1. every exchange is susceptible to hacks and none of them has immunity against hack.
2. Binance coin bnb is far superior to Kucoin shares kcs;
3. The binance blockchain (binance smart chain has a wider reach and has birth several smart contracts in the blockchain space); while the Kucoin shares kcs is merely used to reduce transaction fees on the kucoin platform.
4. Kcs is the one that is over valued; increased in price without any significant progress in operations et al.

In summary; both are a good buy, but why would you buy tokens that has done over 400% in the last 30 days ?

27
Crypto Wallets / Re: Which ETH wallet to use in the token bounty?
« on: February 24, 2021, 12:36:08 PM »
Which ETH wallet to use in the token bounty? When applying for a bounty, I use a coinbase wallet. And I'm worried whether tokens will come to him. What wallet do you use for Ethereum tokens?

As a bounty hunter; the best wallet you can use for bounty is the TRUST WALLET APP; it has several blockchains encompass in it; with a single wallet on trust; you get access to bitcoin wallet, tron wallet, waves wallet, vethorchain, etherum, smartchain, xvg and lots more.

Use trust wallet for eease and safety;

28
Binance smart chain does not have the guts to rival etherum on the long term; all these shenanigans that we are experiencing is only for the short term because in truth, even CZ does not have a solution to network clogging on blockchains.

Think about it, etherum blockchain was once cheap, but then the blockchain evolved and got congested due to adoption; once binance smart chain achieves massive adoption to the level at which etherum is, it will also clog; then a new blockchain emerges.
Rinse and repeat.

Etherum remains king of altcoins.

29
Excessive high cost of gas is an obstacle for any blockchain platform that is serious about surviving for a long time; so this does not apply just to etherum. Etherum is suffering from its own success of being the hybrid mother to several altcoins; but then it should make its long awaited eth 2.0 to ease the gas fees troubles user experience as it betrays the blockchain ideology

30
Ethereum Forum / Re: High transaction fees: Ethereum's fatal weakness
« on: February 23, 2021, 07:52:34 PM »
Etherum in my own opinion is suffering for having too much success; after being the hybrid home for several projects via its smart contract; the token has bedded so many platforms and  has gotten congested as a result; Will etherum 2.0 be a very good solution to this ? Can binance smart chain as hyped fulfil such roles ? time will tell.

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