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Messages - Istiak

Pages: 1 2 [3] 4 5 ... 61
31
Bounty actually doesn't help much these days. Investors do not come to this forum so the only purpose for conducting bounty could be user awareness. Projects are using different methods to do their marketing and most of them are effective though they are most costly than others. Running bounty is not a great option if you want to raise funds for your project.

32
Great news. This is how we will build a decentralized economy. Centralized wallet service should be banned in crypto world. Why people use centralized wallet service provider by reveling their KYC data when there are other decentralized wallet service better than them! I stop using my coinbase account a long time ago because of this.

33
Cryptocurrency discussions / Re: Bounty in another way
« on: May 05, 2022, 04:58:44 AM »
Don't have high hopes for the bounty, because the bounty now compared to the past is very much different.
But actually there are still many paid bounties and can make money, but the amount is indeed small.

Most of the hunters are shifted to other source of income. Those who are still here do not have any alternative i think and most of them get very little paid from a project. But as you have said there are still some project that is giving real value to the hunters and that gives hope to hunters to continue their work.

34
To be a successful trader one of the key ingredient you must have is good understanding about money management. Without a proper money management you can not keep your profits when market goes down. You will trade blindly and lose your money on the process. Also gaining knowledge is also necessary because business means proper use of knowledge and time.

35
Trading gives holder a chance to increase his portfolio without putting any extra money into it. If you sell your BTC at 60k and buy back at 30k then you have 2X BTC than those long term holder who do not sell their BTC at any time. It is all about your investment strategy and if you can use it well then you could be the most successful trader.

36
Basic Questions about Cryptos / Re: What is mining ?
« on: May 04, 2022, 06:01:55 PM »
There are plenty of articles about that you will find in google and in these forum too. These topic has been discussed countless time and i think there is no need to another one. So i just wants to suggest you about finding difference between POW and POS mining so that you will understand what is the difference between BTC and ETH mining.

37
Sorting Box / Re: scam project
« on: May 04, 2022, 05:59:20 PM »
There are some scam detector group that verify project authenticity. You can follow those group in telegram and twitter to stay away from scam project. Not only that there are some basic elements that a legit project has and that is a strong team, partners and roadmap. Look for these in a project roadmap too.

38
The best way is to invest little by little every month. Currently market is bearish mode so if you invest all of your money together you could end up being rekt. Because many project lose its value because of BTC market is not in a bullish mode. Also you can follow the trend by investing only on trendy project.

39
We can use crypto legally if govt regulate crypto. Many big companies can integrate crypto payments system for their company business. Law and order can be implemented to crypto criminals and scammer. Actually there are so many advantages but there are some disadvantages too. Govt will track your crypto records.

40
What if I do not want to sell my bitcoin for another 5 years. I do not care about any market volatility because I will not sell no matter where the price goes. My ambition is bigger and the only thing I want to do in a bear market buys more bitcoin from the market and increase my BTC holding. It is up to you what you want to do.

41
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: May 04, 2022, 04:11:42 PM »
The Ethereum ecosystem is bigger than BNB and BNB does not provide anything new that the eth network doesn't have. BNB just has lower transaction fees than ethereum. As soon as the ethereum network fully turned into POS from POW its gas fees will also be lower. Actually it doesn't matter because most of the project now use multi chain features.

42
Ethereum Forum / Re: ETH vs BNB,DOT,ADA...
« on: May 04, 2022, 04:08:50 PM »
ETH is the king when you are talking about smart contract provider. BNB, DOT, ADA is some potential coin but we can not say for sure how these project will evolve and compete for the position of ETH. BNB become popular because of eth high gas fees but right now that problem is being solved so lets see what they do in the future.

43
Ethereum Forum / Re: Ways to reduce Ethereum's gas fee
« on: May 04, 2022, 04:05:46 PM »
There is a certain time when traffic in the ethereum network reduces and it's mostly in the Asian timezone I think. Gas fees are less that time so you can use that time to send your transaction. Also if you want to withdraw eth from any exchange then use FTX because it offers the lowest possible fees for eth network as I know till now.

44
Sorting Box / Re: What is trading bot ?
« on: April 27, 2022, 08:02:28 PM »
If you are a busy man and don't have enough time to analyze the market for trading, then you can use a trading bot. It is just a tool provided by the exchange for its users to execute pre-order trades with their pre-planned conditions. It is safe and flexible. That means you can tweak the settings to make the bot work to your conditions.

45
Sorting Box / Re: What do you do with the Airdrop Tokens
« on: April 27, 2022, 07:59:41 PM »
It depends on what the reason was behind your joining that airdrop. I think 99% of people join airdrops so that they can generate some income from them. Because of the small quantity we got from an airdrop, it didn't have any significant impact on our portfolio on a long-term basis. So selling is the better option.

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