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Messages - Mr. Magkaisa

Pages: 1 ... 38 39 [40] 41 42 ... 78
586
Solana Forum / Re: Is Solana coin a good investment?
« on: May 26, 2024, 02:44:08 PM »
Yes, the important thing is to wait patiently for prices to improve, maybe soon the Altcoin season will start, don't be influenced by predictions of pliers without evidence, now Solana has become a project that many people have used.

There are two things that will give Solana a lead in this bull run anticipation, it's either the alt season which we know nothing about yet but perhaps things might change later but actually, nothing for now and the second one is if FTX could clear all the debts they hold their users, money will not only come to the market, people will have money to buy their favorite coins to make back all the loses they have made so far in the last bull run but how soon is that going to happen is what I don't know about.
If we remember back about FTX, I was very disappointed with FTX I still have a balance left there, I didn't expect it to happen like that, even though it's not too much but I really hope the FTX team replaces it, I made a deposit to FTX it was the result of an airdrop so I feel very unwilling with my money even though it's not much.
FTX was a problem that was deliberately created, perhaps because there was an internal problem that finally made the CEO decide to make that mistake. If you deposit all the money you get from the airdrop to FTX then there's nothing you can do anymore. this case is the same as the Mt Gox case. I hope other big exchanges never make this kind of mistake again.
We should choose a reputable exchange, because an exchange whose reputation is not clear will make us lose our money. Currently I only use Binance, Kucoin and Lbank for trading, because I am more suitable and have higher confidence than other exchanges.

        -   In this SOL, I can honestly see that when Solana rallies hard in the market, the coins and meme coins that are under the SOL with high market caps will also follow, for sure. They will also be pulled up, for sure. 

And it's also likely that many crypto enthusiasts will advance their lives in the field because of the community that we have in this industry.
And I expected this too, actually.

587
Solana Forum / Re: Are you stacking solana?
« on: May 26, 2024, 02:20:31 PM »
I am slowly stacking Solana.

I plan to get to 5 solana from my current stack by the end of this year.

I have under 3 solana.

I believe that Solana is a big five year stack and hold coin.

So far I do it via my hotspot miner.

I convert my earnings in IOT into Soloana.

       -    There is no doubt that the SOL has a high potential for this bull run that we are facing now. We are just thankful that it is still in correction at the moment where we still have a chance to accumulate it. And if you have a SOL now, like you say, it's good that you're doing what you put into staking, and what you're planning is also good, from what I see. 

In my current situation, the SOL that I have so far is only around 0.6 SOL, but I am trying to save it because I have a lot of savings that I think are also potential in the market to hold and give. Also, once the Bitcoin rally starts, the altcoins that I hold will also follow.

588
Cryptocurrency Trading / Re: Just HODL
« on: May 26, 2024, 01:38:28 PM »
Yes i am still holding Bitcoin and some altcoin. Hold is gold i believe it. I think within short time we will saw real bull market. And i want to wait and hold my all fund. I believe ditire bull session my fund will be minimum 3x to 4x. Sobi am holding till now. I think ifd anyone invest now and hold that for few month he also will be profitable thwre has no doubt. And i think if hold now he will get minimum 2x-3x profit. So i will tell hold,  hold and hold.
It is good if you keep holding now. But you must always monitor the price movement of every coin you are holding. If it reaches your target, don't be greedy to continue holding. I suggest to take profits when it meets your minimum target. We don't know how the market trend in the future, there is no guarantee that the price of certain coins will always increase.

Anyway, we are in the bullrun season. Is it still not real for you? I don't understand why you stated "real bull market". I think it is already in a real bull market.  :-\

         -    We've really been in a bull run for the past few months, haven't we? I don't even know if that's what he says is a real bull run. Simply put, if you don't want hassle as an investor or headaches, the best tools to use are long-term. 

But we should also know when to take profit; we can't just feel the movement of the market unless we have a deep knowledge of trading. We can use our instincts somehow, and it depends on the situation.

589
Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?

A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...

Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear

         -   In my opinion, making mistakes in trading is normal because there are no perfect traders. As long as we make mistakes, we should always learn from them. Apparently, the more mistakes we make, the more learn we also make, right?

Just be patient in trading and don't get bored or stop worrying about trading here in the field of cryptocurrency, because the heart of the crypto industry is really in trading so that we can get earnings here.

590
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 26, 2024, 12:27:01 PM »
with this webapp https://dcabtc.com/

you can calculate how profitable your holding would have been
if you enter some figures to calculate your Dollar Cost Average, you will discover that even with just hold, which is the easiest thing for those who don't know how to trade, you would have had a very interesting revaluation

you don't get rich, but you definitely keep the value of your money

       -   I just want to ask, mate, is this the link you gave about this DCA? Have you tried it? Does that mean you will buy from that link platform? If yes, how are you? Was it effective using the link you provided? 

Because when I tried to buy now, he was redirected to the E-TORO exchange platform, which means on this platform should I buy Bitcoin? It's like I thought, but the calculation is okay, in my opinion, as shown on the platform.

591
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 26, 2024, 11:57:21 AM »
It is definitely not that easy to predict, it takes time to make it work and I believe that we are going to end up with something that will challenge the whole market before we get to be calmer. I mean the reality is that we can't make it work any other way, a lot of people think that we could make some money off this, but the truth is that as long as the market doesn't calm down, we can't. I believe that we are going to go up, a lot higher, but that will not be anytime soon, the best we can see in short term would be 70k at best, but long term we could see 100k+ easily, and that bull run hasn't started just yet.

          -    It's hard to read the movement in the market; if the veterans or experts are still mistaking their technical and fundamental analysis on the trading chart, how about people like me who are not like them yet? That's why the key to the safest things that other traders do is long-term and DCA most of the time. 

Just don't let the uncontrollable emotions that are called because they really could wreck our assets in the end if we neglect them. If we are late in raising the price, that's all we can do and wait for the correction, that's all.

592
       -    Whether it's Blackrock's biggest mistake or not, there's nothing we can do about it because Blackrock is such a huge company that it's hard to compete with them. But still, no matter how big a company is, they still can't handle at least 50% of Bitcoin's maximum supply. That's all I can say. 

There are many people who have tried this kind of thing, and I think there are still more middle-class people, including the poor, than the rich, or whale investors, as they are called. In short, Blackrock still cannot control Bitcoin worldwide. They are just a big company.

593
Using CEX or other custodial staking platform is good when we're talking about convenience. But i'd rather consider non-custodial staking pool, where i can get the reward while keep ownership of the coin. Although popular coin (such as ETH) usually have low return rate these days.
On the contrary, popular coins such as ETH do have decent rewards on some platforms. On Okex and Bybit for instance you get over 1%  for using their flexible savings yield which is good considering the fact that these are secure places that have stood the test of time
Actually, staking will be useful if the funds we stake are large enough and will affect the income from the % applied, but in my opinion, if the value is small, there is no benefit whatsoever if the asset we stake ends up going down.
yes.... I have received information like what you said, especially for Bybit, where the % given is very decent and unfortunately there are restrictions. I don't know whether it's true or not because I haven't tried it.

        -   I somewhat agree that staking is only effective if you put a large amount of money into it, because if it's a small amount, you won't feel it. Because if you are only staking a small amount, it is better to do it in day trading instead of staking. 

This is just in my opinion; if the percentage is high, like 15% APY, that's really high. For example, if you have 1000 dollars within a year, you will have 150 dollars, and if you have 100 dollars, 1500 dollars is not bad in my opinion, right?

594
       -    The referral program is only good if a lot of people sign up under your link, but if no one signs up with your referral link, it's useless in my opinion. And I also think that some are right when they say that referrals are only effective if you have a large community or number of followers on social media. 

Now, here in Notcoin, it is said that maybe the only winners are those who managed telegram local group communities in each country that they hold, who signed up and who were hyped for NOT, but for those who invested there, I doubt that they have earned anything because after being listed on Binance, its price dropped in the market.

595
In the cryptocurrency space, when we expect a certain bullish trend  in any particular coin, we may not get it exactly as expected, but rather different behavior may be observed. Many people take these behaviors differently. During the period we would like to see a bull run in Ether price due to ETFs approval but there is no change in the price in this currency. My main point of bringing this topic here is that there are many people who try to invest with a specific event in mind but they don't always succeed in that goal. The only message to those investors is that success in the crypto space requires patience. Even if it is not good for us at the time we are expecting, we can get more than that expectation in the future. Of course, investors must have a long-term plan before investing.

         -   That's why it's important to have a real plan in this crypto business that we entered, because if we only depend on uncertainty, the chances are definitely high that the capital that we will use in crypto assets will end up in nothing. 

You must really know something about trading; you can't just guess, but you don't know how to analyze or read a trading chart to determine where the price of the coins you are holding is headed.

596
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: May 26, 2024, 07:40:43 AM »
As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

        -   When I started in the crypto space, I could have answered yes, but now I don't because somehow I still get profit through day trade activity. It was a bit difficult in the beginning, and thankfully my husband was supportive of what I was doing and saw in this field of crypto business. 

It is true what others say: it is not easy to turn this crypto or bitcoin into a source of income because it will really take time, and to be honest, you should really have an understanding of trading.

597
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 25, 2024, 03:45:25 PM »
          -   Maybe if I have someone to believe that these are old altcoins, Btt, Matic, Doge, and Ltc, these are the ones I see that will act suddenly that most people don't expect that it will rise suddenly, which will surprise the majority of the community here. 

They may be quiet at the moment, but I believe that this is one of the sleeping giants that will suddenly perform in the market and shake the market and make noise for sure. Now, how I said it, I don't know either, but that's what I feel because their market cap in the market up to this present is actually good.

598
I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin couples with the fact that is another cool asset to invest on, over the years people has picked so much interest in bitcoin than the original purpose why it was created. They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.
It's true, in the past when bitcoin was introduced, many people were doubtful about bitcoin, even thinking this was a new fraud scheme. But bitcoin continues to run and doesn't care what other people say, and we can see it now.

Bitcoin is a favorite for investors who invest in cryptocurrency, and bitcoin can even attract interest from large investors who ultimately invest in bitcoin. This has not been an easy journey, but Bitcoin has managed it.

         -    Until now, there are still many people who are doubtful about Bitcoin, even though they know and see that many millionaire institutional investors are interested in it, but their eyes are still closed to it because they still think it is a scam. 

But in reality, Bitcoin is the main favorite long-term investment in this era. It's really a big question that the rich don't hesitate to invest millions in bitcoin, and the others who are poor think that bitcoin is a scam and that they are blind and stupid. What a sad reality!

599
When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.
Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.
Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.
I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing
Wow! That's great! Actually I am practicing trading right now especially futures but unfortunately I think I need more knowledge about how to get in and get out as early as possible as I am a bit laggy and greedy in terms of technical analysis and stuff so maybe I should work it out so no more heavy liquidation.

What coins do you recommend is best for scalping is it Alts or Bitcoin?

           -   You know that as long as you have a deep understanding of trading either altcoins or bitcoin, you will definitely get a profit from the trading activity you do.
But just remember that futures trading is so sensitive that you want to learn a lot. 

You need to focus on what you are doing there, or else one mistake you make can really scratch your fund balance in the wallet if you forget a set-up in trading there in the futures trade.

600
As soon as you enter the twitter account then you can see hundreds of airdrop posts in front of you where there are promises to give many tokens for free. Do you think all these airdrops are true? I think all are false and from here there will be possibility of hacking to connect your personal wallet. So be careful and avoid fake/false airdrop.
Currently most of the projects are running the Airdrop part of their projects through Telegram and Twitter.  By doing this, the social media followers of those projects are increasing so much that those projects are becoming successful in most cases.  Currently, the marketing of the project through Telegram and Twitter is increasing in popularity and the project is reaching its target.  To my knowledge one of the most successfully completed projects in recent times NOT coin completed their marketing with a telegram bot and gained massive popularity.

Airdrop campaign is the strong marketing tool, and we see how many projects use it!

          -     For now Yes, airdrops are really becoming a trend because we are in the bull run season, but if we are in a bear market, there will be no airdrops for sure. Airdrops are just going along with the trend to be honest.

That's why participating in airdrops programs you must also know how to check the right airdrops whether they are legit or not so that the effort is not wasted somehow. And don't ever join an airdrops that will give you money, big or small.

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