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Messages - Alston Liu

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31
Meme Coins / Re: Is memecoins a key part of the crypto industry?
« on: April 08, 2024, 09:08:45 AM »
It is more like a place where people get ripped off. A lot of scams happen in memecoins. Some people are easily getting FOMO cause the x100, x1000 growth and are out of their minds making stupid decisions.

32
Solana Forum / Re: Is Solana coin a good investment?
« on: April 08, 2024, 09:05:04 AM »
I think it is still promising in terms of the scale and trading volume.

33
It is a mentality thing. Fear of missing out and fear of losing all. Especially for beginners, I've been there before. I used to have zero trading plans or just can't stick to it once the market was shaking up but it didn't break the pattern that I initially observed.

34
Bitcoin Forum / Re: What do you think will be the future of Bitcoin?
« on: April 03, 2024, 04:34:25 AM »
Yes, I think Bitcoin has a promising future and still a long way to go given its existence of nearly 2 decades. We talk about the traits of Bitcoin including defi, storage, security and all sorts of things. There might be some competition between cryptos and digital currencies.

35
Bitcoin Forum / Re: Is Bitcoin legal?
« on: April 03, 2024, 04:25:36 AM »
Just saw the news yesterday, I am not sure whether it is true. The UK government arrested a group of criminals who scammed lots of old people by selling them medicines that claimed to be magical. The point is that this group of criminals have around 61k amount of Bitcoins and if the Chinese government doesn't claim the Bitcoins (Bitcoin is not allowed in China)and receives these criminals from the UK government, the UK government probably take it. 

36
Stable Coins Forum / Re: Which stablecoin the safest?
« on: April 02, 2024, 10:30:09 AM »
I think USDT is relatively safe. But anyway, there is no such thing as safest in the financial market especially crypto market which is arguably one of the most volatile market in the world. And the fact that no one actually knows whether Federal Reserve holds the same amount of USD is really building up more uncertainty. 

37
Meme Coins / What do you guys think about POGAI
« on: April 02, 2024, 10:24:57 AM »
I heard that this meme coin is promising. I am not here to hype this coin or to promote something. I just want to know what you guys think about it. It seems to gain a lot of trust in Asian community.

38
中文 (Chinese) / Re: 加密货币取代法定货币?
« on: April 02, 2024, 08:41:15 AM »
Didn't China launch its digital Yuan project? It is still early to talk about the replacement of fiat currency.

39
中文 (Chinese) / Re: 投资加密货币的优点和缺点?
« on: April 02, 2024, 08:39:53 AM »
Withdraw process will be frustrating if you are in the place where cryptos are not allowed

40
By far, it dropped at 66k. I feel like 71k or 73k is just the beginning. If it could break through and stay consistent, the price will go crazy. Now it just keeps consolidating.

41
I don't think so. Since the crypto mining is majorly shrift from overseas like China to US. Crypto market is booming. This is a huge cake that the US will not give up. It is true that the attribute of cryptos including defi and storage will have a huge impact on the financial system in the US. But I think they will figure it out.

42
Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: April 02, 2024, 08:31:57 AM »
Gold has existed longer than Bitcoins. It takes time for people to open their arms for it. At least, for me, it is still way down the road to say btc becomes more attractive than gold. Some countries are still not taking serious, you know, this whole cryptos thing. At the end of the day, people might feel more comfortable having gold instead of crypto. The attribute of intangible might not help in this situation, like wars, economic crises, and etc.

43
Solana Forum / Re: The Solana Coin Future
« on: March 28, 2024, 04:01:49 AM »
The future of Solana coin is partly impacted by the ETH system, is it correct? Sometime I watched SOL went up and ETH dropped at the same time

44
Meme Coins / Re: Can a meme coin make you rich?
« on: March 22, 2024, 10:43:14 AM »
I feel like meme coin is too dramatic. I am talking about how crazy the price could be within a short period of time. And also a lot of hype on social media you know. People always say this is the one, how reliable the project is. But most likely people will be ripped off cause the whole thing is planned out to get all the funds and once they reach their goal they can pull back immediately. Left all these "believers" behind. I am not saying meme coins can't make people rich cause that is literally the selling point of meme coins in my opinion. I am saying that though there are some solid coins I don't think most people have the correct mindset and risk management plan to grasp the opportunity in pretty much a second.

45
Meme Coins / Do you guys have any thoughts about VIB?
« on: March 22, 2024, 10:33:50 AM »
I recently encountered this coin. From the first day of launch, it seems to have much less fluctuation compared with other coins. Do you guys see any potential?

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