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Messages - mohdelayo

Pages: 1 2 3 [4] 5 6 ... 34
46
I think we should talk about the current time, I think It's bearish and will continue until the next years 2023 or 2024.
Talking about up trend, bitcoin will bounce back at middle 2024.
And I think I'm agree we will see ATH at 2025.

In as much as I will like to go with your opinion, I will also like to consider the sentiments that's among enthusiasts in the market, it's a positive one of you look at it critically. I don't want to believe that the market will behave as it use to in previous bear session, the market is getting matured and things are getting relatively stable.

47
First of all, beginners need to learn how to invest in themselves, their discipline-to understand all the risks and the fact that they can lose everything.

Investing in oneself will definitely do well in impacting them to know the risk that are possibly inherent in blockchain and cryptocurrency ecosystem. The only investment recommendation I give to all stakeholders is to find a position in among the top ten coins/tokens in terms of market capitalization.

48
Maybe there will be an altcon that can replace bitcoin, and its price will be able to reach the maximum price limit in the cryptocurrency market.

Sigh, are you seeing that possibility in the near time? I know its very possible to have a coin that can do well and even outshine our almighty BTC but I don't see that feasibility especially in the short run. BTC has great developers that are very dedicated to developing and updating it's protocol, thus BTC technology will always gets better!

49
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- Telegram Username: @elayomohammed
- Campaigns applied for: Signature

51
Cryptocurrency discussions / Re: How does inflation affect crypto?
« on: August 11, 2022, 09:51:35 PM »
Can you explain why inflation has such an effect on crypto? If I see that crypto is made to fight inflation and why do crypto prices seem to be going down when it is inflation?

I'm my own understanding, inflation as a monetary situation causes the value of products and services to go high, thus leading to an increase in the cost of living. This kind of situation will make companies and individuals to liquidate their cryptocurrency positions in order to ease their lives, this consequently dumps the market.

52
Cryptocurrency discussions / Re: Long Term VS Short Term Investment
« on: August 11, 2022, 08:49:48 PM »
You're right. it is always important to rely on fundamentals.

While fundamentals play a viral role in helping us navigate the market forces, you will also very much agree with me that sentimental analysis that deals with traders psychology also constitute a strategic factor that controls price action!

53
Don’t invest in what you can’t afford to lose or wait on, and also- invest in a project with a purpose and goals. I know the market crypto have hit a low. If you can buy and hold now, you have potential to make some money. Crypto isn’t going anywhere.
This is wholly true mate! It's 100% better to not make profit than to end up losing from a trading venture that went south.

In my own situation, I eventually got used to gaming as well as facing my work, learning and other offline ups and downs. The market is sometimes better for one to stay clear off the charts.

54
This is a positive update for cryptospace but then again, right now that country does not deserve the benefit that comes with this technology. It's sad that they can actually do it because no body can stop them from utilizing decentralized finance.

55
Cryptocurrency discussions / Re: Which crypto should I invest in today?
« on: August 10, 2022, 01:29:21 AM »
These are a good pick, I see they are all major coins. You left out all the interesting tokens out there. Well major assets proves to be more stable in relation to the non-majors.

56
Cryptocurrency discussions / Re: Worth to invest in gaming tokens
« on: August 10, 2022, 01:25:38 AM »
I would say yes, gaming token are worth investing in. I see that gamings keeps getting popular and better, the recent wave of their integration info blockchain have seeing a great deal of attraction from including the mainstream. Game tokens have a future as they will pay role in taking crypto to the mainstream.

57
Cryptocurrency discussions / Re: Welcome to the Bear Market.
« on: August 04, 2022, 08:06:44 PM »
Well, do you know some altcoins are still pumping despite the bearish trends. A token on cronos, pumped 1000x in a week. Another on Binance Chain pumped 500x. So I believe its just plain luck and utility that is helping some projects these days

Whether its the deepest level of bear session, when a project is crazily poised with fundamentals to pump, it will definitely pump. More especially when whales decided to rock the assets market to attract FOMO from among the community of traders, pump is a definite sure thing!

58
Cryptocurrency discussions / Re: What is Crypto 2.0 (to you)?
« on: August 04, 2022, 07:59:49 PM »
I'm currently entering the second leg of an economics course I'm taking on the side, and we finally got to crypto. One assignment we got was "how will the NE, XT crypto be like?", meaning what features will the (hypothetical) next kind or generation or whatever have? I already handed in my answers, but I wanted to get some input from people who know more about this than I do, so I would love for people in here to tell me their thoughts on things like...

- What new technical features will this "futuristic crypto" need to have to survive?

- What features would _you_ like it to have, whether they are important for survival or not?

- What problems will a new generation of "futuristic crypto" have to deal with, in your opinion?

Anything else you feel like adding would be great. I may try to run some replies by the class, but I will not pass on who suggested them, unless given permission, of course :)

This is a great question OP, I believe a lot of people will have different opinions as what the future cryptocurrencies will look like in terms of feature. In my own opinion, the one thing I would love to see gets curb is the problem of spam. See BSC, Polygon, Stellar and many of the popular EVM compatible chains, they are all right now plaque with the problem of scammers that are constantly spamming the blockchain.

60
Cryptocurrency as an asset class will take its place. It is not necessary that it will become a means of payment, but products will continue to appear in the web 3 space

This is a very good point, I happen to reason well inline with this notion. Cryptocurrency and blockchain will get more popular and advanced for day-to-day utilization in tandem with various traditional currencies. Crypto might be able to replace fiat but I do not see that being feasible for any time soon.

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