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Messages - nelson4lov

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31
HOLDING buy crypto and hold for long time to get a large benefit.
STAKING buy crypto and stake to get offers a double earning potential for staking their digital assets.
TRADING buy crypto and trade in different exchanger for getting more profit within short time.
EMPLOYING by employing in a crypto related organization you can make money.
Amongst all this the only way I think is more efficient in making money is by trading cryptocurrencies, i have seen alot of people earn a living from it, personally I think its the most profitable put of all and its the most risky, that's why it requires alot of learning and patience to make something out of it, holding is also good but it's long term we are talking about 10yrs, just like holding bitcoin since 20p9 till now.

32
Ethereum killer app have not yet materialized, but the erc20 token economy is a good thing going for ethereum
thousands of airdrops and bounty distributions every minute ...
But as the transaction fee reaches and surpasses the 1$ per transaction,
projects will reconsider airdrops and maybe some bounties ...
on average an airdrop can reach 2000-10000, is it worth it for any project to spend 10000$ for simply spreading their tokens ?
ICO/IEOs might still do airdrops but i doubt we will see much community tokens in the future ....
Or .... another token platform with better fees will take the leading role from ethereum ...
True the high gas fees is really killing Ethereum Network, since it cost a out $50 per transaction now so many projects have decided to launch on Binance Smart Chain instead, so that their investors won't be bothered about those insane gas fees, if the ETH 2.0 doesn't come out soon enough, Eth might lose its spot to Binance Smart Chain I just hope they release it soon.

33
great topic,i want to add that even mastering all those factors there is still a chance that you will get a loose on crypto market especially on trading bitcoin because the price is highly manipulated and changes faster than we all think,so trading in other altcoins is the best option for me.
Why do you think the market is been manipulated?, remember the crypto market is very volatile the only way the market price can be manipulated is when there's a huge buy from one person or a huge dump, but the crypto market is alot more bigger than that now, I think the only coin which the prices can be manipulated are coins with low volume and low market caps, any little $1000 buy can change the price for good.

34
Cryptocurrency Trading / Re: Juld or dego pls I need suggestion!!!
« on: April 13, 2021, 10:42:28 AM »
It has not been long I started trading and now I want to invest in some coins, and have been thinking to invest in either juld or dego pls I need your suggestion on which one I can buy and hold thanks in advance!!!
Both juld and dego will do well in the future, so any smart investor won't just go a in on one project, why not try splitting your capital into two so you be able to get profits from both if they eventually rise, however juld isn't listed on Binance like DEGO, I would advice you invest more in juld, because very soon it will be listed there and you know how crazy the pice can pump, when it's newly listed.

35
To take advantage of the market situation many scam projects are launching to steal money from the beginners so it is very necessary to do research before investing on any project. Stop wasting your time and money by investing in scam project. First do research and then invest.
Scammers will always take advantage of any trend they can use to steal money from investors, a proper research is needed before thinking of investing a project to avoid lose of funds,there are so many scam projects out there and there will always be scam projects out there, we just need to be careful before investing in projects there are so many rugpull happening lately.

36
Of course  there will always be IEO's on Binance exchange, even though IEO have been a thing of the past and no longer exciting, I believe Binance IEO's will still do better than most of the IDO's you hear about nowadays, maybe the reason there isn't any now is because most projects or team can afford the listing money on Binance exchange.

37
Cryptocurrency discussions / Re: Paper Money vs. Digital Currency
« on: April 08, 2021, 03:21:54 PM »
I think the only way we can make majority of the public to start using digital currency is by reaching them, although it seems a bit hard cause there are so many people who have been left behind in terms of technology wise more one of the disadvantage of digital currency which is you won't be able to send or receive money in your wallet without a good data connection, could be the reason people still prefer paper money.

38
Dogecoin Forum / Re: Doge - Hold or dump ?
« on: April 07, 2021, 12:51:32 PM »
Not a financial advise though, but I think dogecoin could be worth holding on to in the long run, since it possess alot of potentials, but it's up to you to decide if its worth hodling or dumping it depends on how you see dogecoin, I think if you DYOR it will be alot more easier to decide.

39
Dogecoin Forum / Re: How to Invest in Dogecoin
« on: April 07, 2021, 12:41:15 PM »
Now for the big question: how can you invest in Dogecoin? The most common form is through its popular tipping service. Users will tip each other for posts they enjoy. It’s similar to social media “likes” in a sense.

This is one of the largest and most active communities in crypto. That is why tipping makes such a big impact.

But, there’s only a handful of cryptocurrency exchanges where you can purchase Dogecoin. In addition, there’s even fewer that have a good reputation to begin with.

The most reputable exchanges to buy Dogecoin include Changelly, Kraken and Bittrex. Each comes with its own set of benefits and specific fees.

For instance, Changelly doesn’t require anything more than an email to sign up, but it does come with a lot of fees. Kraken and Bittrex, however, will allow you to exchange Bitcoin for Dogecoin.

You will also need a unique wallet to invest in Dogecoin. If you invest in Bitcoin, you already have a crypto wallet and this should be quite easy.

In general, you can choose between a digital wallet or hardware wallet. Digital wallets are usually free and keep your Dogecoin online. But, it’s more vulnerable to hacks.

Hardware wallets cost as much as $120 up front. They take your Dogecoins offline, but allow you to manage the coins through a mobile application. The most popular hardware wallets come from Ledger. The most basic wallet will cost you around $60.
To be honest, I really love the huge community dogecoin has been able to build over the years, and in turn the community is making the price pump, I think every crypto out there needs this have needs huge community like this to sustain the project in the long run,investing in dogecoin isn't that hard, all one has to do is to just long into their exchange account then buy and hold dogecoin for long term.

40
Dogecoin Forum / Re: is Dogecoin a good investment?
« on: April 07, 2021, 12:20:55 PM »
The price of Dogecoin is relatively low and the price seems to be stagnant. Do you think Dogecoin investing is a good choice ?
If you took the bold step to invest in doge when it was just 28sats  then congrats man, hope you bought a huge chunk of them, buy low and sell at high is the best kind of investment not the other way round, so if you bought it then congrats you made the right choice of investment in a time when people neglected it.

41
Dogecoin Forum / Re: What is the future of the Dogecoin?
« on: April 07, 2021, 12:12:41 PM »
The future of dogecoin is uncertain, as it is had to predict the future of a coin that does not have any working project or active team to create a utility for the coin, personally I think the future of dogecoin relies solely on the community its has been able to build over the years.

42
Dogecoin Forum / Re: Can Doge coin Make Top 5 Coin on CMC?
« on: April 06, 2021, 03:56:24 PM »
Of course anything is possible in this world, dogecoin can easily break into the top five coin ranking if the marketcap grows more, but I can't say for sure when that's gonna happen because dogecoin is a community driven coin now, there's no dev behind it, its just popular people like Mark Cuban and Elon Musk that keeps making doge coin famous,and more widely acceptable.

43
Cryptocurrency Trading / Re: Show me Your Tricks !
« on: April 06, 2021, 10:25:43 AM »
There are no tricks or shortcuts to becoming rich or successful, you have to put in the work by doing a research or analysing the market, if you don't know how to do that then learn how to analyse the market, I remember when ETH broke the $1000 mark price, so many people sold and today they are regretting it cause eth has been above $1000 for over 2months now, the trick to trading altcoin is simple just buy a potential altcoin and hodl it.

44
Cryptocurrency Trading / Re: Margin Trade and Spot Trade
« on: April 06, 2021, 10:00:04 AM »
Both are quite different although I have never made use of margin because just like you I don't understand it, spot trading is just the regular buy or sell area, I guess you have made use of it a couple of times, whereas for the margin trading it deals with leveraging, like you can use a $100 and be trading like someone who has $10,000, depending on your leverage though,and also margin trading is more risky than spot trading.

45
Cryptocurrency Trading / Re: Every Trader Should Learn about Market
« on: April 06, 2021, 09:45:38 AM »
Trading and becoming a master at it requires alot of training its not something you just wake up and click the buy or sell, or long or short a coin,you have to learn how to analyse the market and be able to catch movements, knowing when to buy or sell is very important that's why learning before trading is the best way to go about your trading career.

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