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Messages - Uruhara

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571
Cryptocurrency discussions / Re: What altcoins are best for the next halving season?
« on: January 10, 2024, 03:15:41 PM »
Quote from: bitterguy28 on January 06, 2024, 01:39:07 PM
We are nearing Halving Bitcoin , there are so much to expect in the season so what are the altcoins that you are holding or at least planning to purchase before the that Bull season happens?

I have 5 altcoins in my folio now of course majority is from bitcoin .

what about yours? is there anything that you can share for others to look at? because maybe its best for us all to share for the coming season.
I own several altcoins in several categories. Like the layer 1 category Altcoins that I hold are Avax and ETH and others. and Layer 2 I hold Arbitrum and Matic. And my Ai category holds Agix and a few others. Basically I spread my capital across several altcoin categories. Because I don't know for sure which one will be the most hyped in the bull run market after the bitcoin halving. So diversification is needed in this case. Recently I also became interested in XLM.

572
Basic Questions about Cryptos / Re: starting a new project investment for beginners
« on: January 10, 2024, 03:05:57 PM »
Quote from: ariaryanto on December 28, 2023, 10:10:37 PM
Now there are lots of new projects and they make promises to investors so that the project progresses, after the project progresses and the coins are sold until they reach the target, then the project party runs away and abandons its customers, causing harm to many people..
In my opinion, if we want to invest safely we need a lot of knowledge and we have to be careful about the projects we want to invest in.
What advice do you have for beginners who want to invest?
New projects that have such great potential are usually more of the layer 1 or layer 2 category projects. They usually have a large amount of funds that they have collected from large investors who support the project from behind. Usually potential projects like to hold testnets or airdrops to build their community initially and once their project is ready to launch then they will immediately list it on many large Cex.

But there are also many crypto token projects on various networks such as the BNB, ETH, Polygon and Sol networks which always appear non-stop. In fact, maybe almost every day a new project like that appears. They're having a presale or private sale or something like that. Some of these projects are progressing according to the roadmap but most are just made to be pumped and dumped. In fact, there are also projects that don't run at all after the presale is finished. I avoid such small projects and prefer to follow large projects which are usually also supported by large investors.

573
Basic Questions about Cryptos / Re: Suggestions on altcoin with low transaction fees?
« on: January 10, 2024, 02:52:08 PM »
Quote from: Tribalchief on December 26, 2023, 03:09:46 AM
There have been slight increases in Bitcoin transaction fees recently. Ethereum has consistently experienced similar issue, which doesn't make much of a difference. I would like to know about other altcoins with low transaction fees.
Many layer 1 and layer 2 altcoins have low transaction fees. Such as Tron Network, Waves, Celo, Avax, Arbitrum, Polygon and many more. Even those that are still in the same ecosystem as Bitcoin, such as BCH, also have low transaction fees. But that's in delivery between wallets. But for deliveries between Cex, I am most comfortable with Tron. Because the fees for almost all Cex are always the same if you use Tron, which is around 1 trx.

574
News related to Crypto / Re: New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be R
« on: January 10, 2024, 02:33:12 PM »
Quote from: sirty143 on January 08, 2024, 05:21:20 AM
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days


A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days... See more for yourself here.

Your opinion is greatly appreciated.
Increasingly clear regulations regarding crypto and its taxes in a country should actually be welcomed. Because this also proves that the country has allowed its citizens to get involved in crypto and crypto has been recognized as part commodity asset and part security.

In Indonesia, crypto taxes have been determined because several crypto assets listed here have been designated as commodity assets here. Fortunately, the Exchange has automatically deducted taxes for its users. Because Cex has collaborated with the government. And I also heard that large transactions also require reporting as soon as possible. So it's not surprising that it's the same in the US. And I think there will be many other countries that will also do the same thing in crypto regulation.

575
Cryptocurrency Trading / Re: HODLing Altcoins
« on: January 10, 2024, 01:58:51 PM »
Quote from: Amphenomenon on January 09, 2024, 03:31:22 PM

I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
  • How do you know an altcoin will be good for HODLing?
  • How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
First, I will choose an altcoin to hold based on the background of the owner and creator of the altcoin and based on the partners and large investors who are behind the project that I hold. And most importantly, we can see positive ecosystem development in the altcoin project that we held at that time. Examples of altcoins that I hold are layer 1 (ETH, AVAX and others) and AI category Altcoins (AGIX and others).

I'll probably hold onto the altcoins I've accumulated until the bullrun really gets very high. That is, when people start FOMO, that's when maybe I will sell the altcoins that I have collected.

576
Cryptocurrency Trading / Re: Investing or Speculating?
« on: January 08, 2024, 04:24:08 PM »
Quote from: Peter90 on November 04, 2023, 06:52:49 PM
Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?
Everything is actually interrelated. As in real investing, when we know there is always potential and risk, that is where we will start speculating about which direction the project we are analyzing will go. Towards good or bad potential. And even though we make analyzes such as fundamental analysis, in the end we still speculate when taking action. Likewise in trading. But what makes the difference is whether we speculate without careful analysis or whether we speculate after carrying out careful analysis. Speculating without analysis and relying only on luck can be called climbing gambling. Meanwhile, speculating after considering the results of careful analysis is not gambling but can be included in trading or investment. Well, the level may be the difference in this case.

577
Cryptocurrency Trading / Re: Diversification as a Strategy
« on: January 08, 2024, 04:17:58 PM »
Quote from: R100K-Martin-Lunger on November 07, 2023, 07:55:43 PM

Overall, I believe that diversification is essential for any successful cryptocurrency investor. By diversifying your portfolio, you can reduce your risk and increase your chances of success in the long term.
What are your thoughts on diversification in cryptocurrency investing? Do you have any other tips for investors?
Diversification is very important. Not only in investment but also in crypto trading. I also do diversification in crypto investments. Like dividing capital for investing in crypto into several parts. And I personally divide it into investing in bitcoin partly and investing in altcoins partly. And in altcoin investment, I also divide it according to the altcoin category that I enter. Like I hold several altcoins in the AI ​​category and I also hold several altcoins in the layer 1 and 2 categories. And I also set aside a small portion for speculative investments such as meme coins. This makes me calmer in investing.

578
News related to Crypto / Re: Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence an
« on: January 08, 2024, 03:56:06 PM »
Quote from: Zed0X on January 08, 2024, 01:45:57 PM
When Binance announced that it would list Bonk, I knew there and then that it peaked (or closed to it) and it's only a matter of days before it spirals down. I think any trader or investor who has been around the last cycle understands this behavior even if he/she isn't a pro. I guess those newbies that were caught and forced to hold are still lucky that it happened before halving. There's still a chance to break even later this year or early next.
It is true that every Meme coin from any network when it starts to be listed on Binance, the rate of increase always reaches the highest rate of increase. Previously Pepe was the same way. And Bonk is the same. It's just that professionals always have instincts and estimates that are mature enough to know when is the right time to enter and when is the best time to exit. In contrast to beginners who are always in a hurry and panic and are afraid of missing out on the hype (FOMO). But yeah, in a bull run market after the bitcoin halving, price movements usually rise again and Meme coin usually follows at the end of the bull run. So the person holding Bonk still has a chance of being picked back up and could even make a good profit.

579
Cryptocurrency Trading / Re: Volatile Coins
« on: January 08, 2024, 03:50:30 PM »
Quote from: Gladitorcomeback on December 22, 2023, 06:35:39 AM
Most of new traders love to trade coins having high volatility which will give them short profit and they are using these volatile coins for daily earning. This is not easy as it's need full knowledge of analysis and also support and resistence. It's not for everyone as it could result in quick loss.

Which volatile coins will you recommend for daily trading ? I think Sol, Cake and Avax is looking good token as they are currently volatile and safe tokens.
For Sol, I'm not sure the hype will continue to get stronger. But it is indeed very good to trade in short and medium trades. But about Avax I see potential as well to hold onto until the bullrun reaches its peak. But trading it is also quite good. Because price movements are also quite volatile due to constantly changing market sentiment. However, the most important thing is to always pay attention to BTC movements. Because after all, everything always follows the movement of BTC. Currently, it is BTC that is very volatile and has a big impact on the movement of altcoins which also have a higher level of volatility. So I hope everyone can be more aware of the current market situation.

580
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: January 08, 2024, 03:19:21 PM »
Quote from: taufik123 on January 08, 2024, 02:51:32 PM
Quote from: Pusaka on January 08, 2024, 01:30:44 PM
-snip-
They also still use risk management, which means they are still aware that the trades they make will not always be profitable, and sometimes they experience losses. Predicting where the market will move is something that cannot be claimed to be 100% correct.
Risk management is a strategy that must be applied regardless of the current trading conditions.
By doing risk management, all mistakes in trading can be handled well enough so that no losses are too fatal and no losses continue.

Those who are aware of the use of risk management, of course, already understand how the market works.
Except for those who are beginners without having any management and trade based on their feelings only.
Sometimes there are also beginners who have known and studied risk management from the start. But in the end, the market experience that beginners have is sometimes not enough and makes them violate the risk management they have planned. Sometimes there are beginners who are already good at analyzing and making thorough plans. It's just that their mental resilience is still very weak. So many beginners leave the plan and experience repeated losses due to their own mistakes. I ever at that stage. It's easy to panic and go off plan. But after gaining more and more experience, now everything is starting to be controlled.

581
Gambling discussion / Re: Soudi Arab professional League 🇸🇦🇸🇦
« on: January 06, 2024, 03:47:11 PM »
Quote from: alltalk on January 05, 2024, 11:05:41 PM
Quote from: Uruhara on January 05, 2024, 03:31:00 PM
Currently SPL clubs are still focused on hunting for players in the mid-season player transfer market which has opened. Even big names such as M. Salah and Kevin De Bruyne have also become targets of the player hunt carried out by Arab clubs.
Saudi clubs have almost unlimited funds, so it is not surprising if they target top players. But I think the top players won't leave their current teams because they want to focus to help their current teams to win the competitions. It is not the right time to target top players, they probably will move in the end of the season.
You are right that the winter transfer window will not make a club release their mainstay players at the club. Instead, they will defend it as best they can. And the players themselves definitely don't want to leave the club that currently really needs them. especially big names like M. Salah and H. Son, whose names are currently ranked as the Premier League's top scorers. So any offers from Arab clubs in the middle of the season to these top European players will definitely only be rejected or considered until the season ends.

582
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: January 06, 2024, 03:10:02 PM »
Quote from: James Anderson on December 27, 2023, 08:00:40 AM
Do professional And experienced traders lose money share your opinion on this
Their Professional Traders also sometimes make mistakes and experience losses. It's just that they have risk management that they always comply with. They have set the amount of loss they can afford in trading. So it's not surprising that a pro trader always sets a take profit target and also a stoploss target from the start. Because they have really made careful analytical calculations about this.

This is different from beginners who sometimes still violate the plans they have made themselves. Usually beginners often have difficulty controlling their emotions but professionals are more able to control their own emotions in trading.

583
News related to Crypto / Re: Meme Coin Rollercoaster Ride — BONK’s Value Plummets Amidst Market Turbulence an
« on: January 06, 2024, 03:04:07 PM »
What happened to Bonk is commonplace with other Meme Coins. All we need to do is wait for the right price to re-enter and then wait for the next increase which will usually also occur again. But determining this buying position is sometimes quite difficult in meme coins. Because sometimes prices fall and then rise again quickly.

About Meme Coins sometimes I always sell too early which makes me sometimes regret it. But as long as we make a profit then that's enough. Big or small it's not a big deal.

584
Bitcoin Forum / Re: Which is safer to hold your Bitcoin in wallet or Exchanges?
« on: January 06, 2024, 02:35:19 PM »
Quote from: Thyplaymaker on December 14, 2023, 03:26:32 PM
The reason why I brought this topic up is that most people buy and store their Btc on centralized exchanges, To I don't think  it that safe even when some benefits are attached to it While wallet is not also safe concerning the way you store your security seed phrase. But when come to hacking to me I think wallet is safer though

What you guys think?
Having assets under our own control will be much more reliable in this case. In terms of security, it actually has its own risks. But saving bitcoins in a personal wallet can make us calmer and less worried. This is different from storing assets on the stock exchange which will only make us afraid when there is negative news regarding the stock exchange we use. In fact, the FTX case is enough of a lesson for us so that we all store assets in our personal wallets.

585
Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: January 06, 2024, 02:08:25 PM »
Quote from: JahriMeayer on January 06, 2024, 07:45:06 AM
New altcoins are always risky even you analysis deeply, no guarantee that will last for longer or bring you huge profit. Rather statistics say, bags of altcoins are launching daily but a few among those, get successful and a few from those last for longer. New cryptocurrency could be an opportunity, may change your fate but most of the time new altcoins dump dramatically without reason. That's why better to choice old established altcoins. BCC, Luna were also top altcoins but statistics says, scamming possibility has less in old established currency than others altcoins specially new altcoins. But still people investing in new crypto and aiming for good profit
It is true that an altcoin that has been around for a long time can be a more trustworthy altcoin. Especially if they have built an ecosystem very well. Although some new altcoins also have high potential, it would be better if we were careful and did not invest large amounts of money in new altcoins. Unless we already know that there is a large company supporting this new project. So projects that have strong fundamentals should not fall easily. I prefer to choose layer 1 or 2 altcoin projects. Because the growth of their projects can be seen clearly through the ecosystem they have successfully built.

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