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Messages - elbans89

Pages: 1 ... 3 4 [5] 6 7 ... 106
61
Basic Questions about Cryptos / Re: Invest or bounty?
« on: March 12, 2024, 08:14:07 AM »
The both are profitable, if you have money and wants to invest it, its okay but if you don't have money for investment you can just enroll in a bounty campaign and earn money by posting...
I think everyone must have the money for investing in crypto. But it won't be the same among the people, the amount of the funds must be different. We can choose the coins that fit with our funds. Anyway, bounty is sometimes profitable but not all bounties are profitable. I think only the campaign paid in Bitcoin that can deserve to claim profitable.

Participation in bounty campaigns is not all valuable, I often take part in bounties that are worthless and just a waste of time. Except signature campaigns pay weekly BTC payments. This is certain and worth doing. If I choose investing rather than bounties, bounties for me are just filling my free time, but BTC and weekly paid bounties are still a priority.

62
Ethereum Forum / Re: Reason why you hold Ethereum
« on: March 12, 2024, 08:10:01 AM »
Ethereum usually moves directly proportional to the Bitcoin price surge, and as long as Bitcoin still has a high price peak to reach, that's also how Ethereum has more to reach in this bull market. I am not currently accumulating ETH for some personal reasons, but I am not discouraging anyone who wants to invest in Ethereum because they could also be in profit because of how Ethereum usually follows Bitcoin at the back. I have some hope for the coin, despite the fact that I don't invest in it for now.
Yes, you are right, as you said, Ethereum price movements often follow Bitcoin price movements, but when there is an ETF, I doubt it because there is a possibility that the price of Ethereum can be controlled by the ETF because there is a possibility that the demand is greater and it can influence price movements for Ethereum.

If the ETF can control the price of ethereum, by trying to see the possibility of an increase in demand, we should also consider whether some of the ethereum hoder is from the ETF or not? otherwise, I'm not sure an ETF can control the price of ethereum.

63
Bitcoin Forum / Re: BTC halving event - What can we expect?
« on: March 12, 2024, 08:06:25 AM »
Bitcoin and other crypto price movements are unpredictable, usually bitcoin will rise day after day and suddenly there will be a correction. keep monitoring the market so that we don't miss bitcoin developments. because it seems like this halving the price of bitcoin will reach $80K.
As you have mentioned, price movements are not easy to predict, but at least the traces of Bitcoin price movements from the beginning of 2009 until now can be studied and can help determine a little about the direction of Bitcoin price movements in the future. If now there has been a bull run, then The next move will be bearish and when it happens only time can tell.


If we had to study Bitcoin's footprint from 2009 to now, it's still a long time. Maybe by looking at the last 2 bullish we can see the character of bitcoin market price movements, although this is not accurate, just a prediction.

64
Ethereum Forum / Re: Eth hold or Trade?
« on: March 12, 2024, 07:58:05 AM »
You are right that Bitcoin and Ethereum are safe coins to invest in and hold, but the idea of storing your assets on the Binance exchange (being a CEX) is not a great idea at all. If you want to hold your coins safely without any third party involved or with regulations, then you should learn to hold your asset in a self-custodial wallet. Staking your coins on CEX will not provide any significant profit, and as a matter of fact, you are also putting your fund at risk just for a little interest that will be added to your staked coins. The risk of staking coins on CEX is higher than the rewards you get.
To be honest, between the two coins you mentioned, I prefer and believe in Bitcoin because there are many advantages that Bitcoin has over Ethereum, one of which is that the total supply that Bitcoin has is more limited than Ethereum which has an unlimited supply, so if you know the laws of economics, Ethereum will very risky if used for investment.

Of course if you compare the two coins between bitcoin and ethereum, bitcoin is better. but we have to see that the price of ethereum always follows the price of bitcoin, so there's no need to compare it, it's better to have both, both bitcoin and ethereum.

65
Ethereum Forum / Re: ETH predictions of next week.
« on: March 12, 2024, 07:48:53 AM »
Nothing is impossible, the Bitcoin market was close to $15,000 at that time but we never imagined that the Bitcoin market would come close to $68,000 again. But it didn't take long for Bitcoin to go from around $15,000 to $68,000. Since Bitcoin's market has changed so much, it is not impossible for Ethereum to go from $3500 to $10000. But our first expectation is that the price of Ethereum will touch $5000 first because Ethereum has never touched $5000 before. Ethereum can touch $5000 then Ethereum must touch $10000 later but it's only a matter of time. If we wait then we can definitely witness such market conditions.
For the price movements of these two coins, no one knows what price they will reach, but if a big moment like this halving approaches, it will have a big influence on Bitcoin price movements, whereas for Ethereum, price movements usually follow Bitcoin. Ethereum is also approaching good news regarding its acceptance in ETFs and I think this will provide a surprise for Ethereum which may achieve more than what you mentioned.

The price of ethereum always follows bitcoin, if the price of bitcoin rises the price of ethereum will also follow. My prediction is that the price of ethereum will reach $4,500 next week. Everyone is waiting for an ethereum ETF, if it is approved we will see the price of ethereum will soar.

66
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: March 12, 2024, 07:44:59 AM »
True. Jumping into something we are not aware of or prepared of really makes or turns things from good to bad situations because we all know that this industry is very volatile and it needs more knowledge for us to be profitable on these events. We are here for opportunities so every chances we see and have  here we grab it. The only problem with newbies is that they cannot control their emotions and has not enough knowledge that is why they easy get FOMO.
When you decide to do something without any research, it will make you feel like committing suicide because the risk is too high and the money you use can be lost instantly, so in Cryptocurrency, what you want to do should be considered first, such as the risk opportunities and profits that can be obtained. , It is true that many beginners make wrong decisions and I hope that with experience like that they can learn and be more careful in the future.

Agree with you, it's best before we buy coins or make investments to do research first. so we already understand what we are buying, what risks we are taking. Don't buy coins because of FOMO, because it will make us lose if we sell late.

67
Very risky, beginners who do not understand how trading works only end up with losses.
As beginners need to be aware that they must learn the ability to analyze the market fundamentally because it is important.
Indeed. It will be too risky for the beginners for trading with a lack of knowledge. Trading isn't an easy matter, it requires sufficient knowledge. The beginners who don't understand how to trade properly yet, they only waste their money into crypto coins. I agree that the beginners must have the basic ability and skills first before they begin trading. It is a big mistake if the beginners start trading with no proper knowledge, ability, or skills.

It is recommended for beginners to become a holder first, it is safer. after becoming a holder and starting to get to know the world of crypto and the character of coins, start learning to become a trader, it is not easy to become a trader because it takes time, experience and knowledge there.

68
-snip-
But I am not getting any update of the coin. The coin has a large number of investors that are likely to be listed on Binance at any moment. Moreover, the price of the coin currently starts with 8 zeros. 2 zeros can omit in this bull market. Besides, meme coin has hype. Many believe that it can happen at any time.
Yes, anything can happen in crypto and meme coins are now very popular and have seen tremendous gains.
FLOKI, SHIBA, PEPE, WIF, DOGE and many more memecoin are quite hype.
I hold it partially and hold top Altcoins like ETH, SOLANA, BNB for the long term.

Now ETH will start touching the $4k price, and it will be quite incredible when ETH can touch ATH again and break through the $5k price.

ETH has touched $4K, and bitcoin has also reached $72K. What an accomplishment this week. Maybe there are some friends who suggest investing in meme coins, such as SHIb, DOGE and PEPE, but I still believe in the top 10 coins, without memecoin.

69
Many are afraid to invest in altcoins.  Because many have faced losses by investing in new projects.Most of Ratu's projects were scams.Which caused many investors to lose all their investments.It is natural that no one can trust any new project.But before investing in coins, you should invest with a little thought.One can invest in long-term projects.You can invest in altcoins on Ethereum, BnB, Solana.  Moreover, it would be better not to invest for a long time in the case of others.Many people don't want to invest in altcoins after Luna.It seems to have moved away from the perspective of trust.

We must be confident in the coins we buy to invest in, especially if you intend to invest for the long term, bitcoin and ethereum should be a priority. Luna's story left a deep impression on the minds of crypto fans, and some traumatized them.

70
Have you ever been profitable and taken profits in the crypto market?
Yes of course, profit is profit.. .Not all the time you would really be holding because you could possibly missed out that opportunity and might be ending up
on having regrets.

How did you use that profit? Do you use that profit or reinvest it?
Diversify into other coins and the bigger part of it would be saving on accumulating Bitcoin.

Do you think using profits is also important for your investment journey?
Of course, we are here for that main reason which is to make profits.
You would really be doing all sorts of possible things as long it could give out that kind of chance.

Of course we have benefited from crypto, if it wasn't profitable I wouldn't have survived until now in the crypto world. I also diversified into several coins from my profits, as I intend to expand my crypto assets.

71
Cryptocurrency discussions / Re: Crypto is truly valuable to our lives
« on: March 12, 2024, 04:44:04 AM »

There are no more safer than investing in top 5 coins but remember that even rank can change in a time or so, look at Litecoin in which once of the strongest currency but now? how its working?falling down to rank 19-20 so that shows how we must not just take the rank unless 1-2 that is secured and strong for many years now.

When talking about coins that are safe to invest in crypto, of course the top 5 coins such as bitcoin, ethereum, BNB and Solana are the safest to hold. I also hold these coins and plan to sell them during the bullish season next year.

72
Cryptocurrency Trading / Re: Fear or greed
« on: March 11, 2024, 10:25:14 PM »
In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...

Two emotions that will always interfere with people from thinking rationally. Fear that makes people afraid to make decisions and opportunities. And greed that eliminates the best opportunities, until you have to lose everything.

73
Basic Questions about Cryptos / Re: What crypto-currency to look into?
« on: March 07, 2024, 02:36:21 PM »
If you are always looking for something new, we got the idea from your opinion that you are always looking for new projects even in terms of investment. We who are investors are usually afraid to invest in new projects because most of the new projects do not come in the market but they disappear from the market with the investor's money. But here you are looking for new coins to invest. Perhaps you value greater potential for relative gain. Although there is a high chance of profit, investing in all these coins has a considerable risk of money, so before investing in any new coin, you must take the maximum risk and then invest.

If you invest in a new project, the risk is too big. I don't dare to do it because in the past I often experience losses. I prefer to invest in top coin because it is safer. Research on new projects takes time, I can't do it because I'm too busy.

74
Ethereum Forum / Re: ETH predictions of next week.
« on: March 07, 2024, 02:31:42 PM »
Me too, I also predict that ethereum will touch the highest figure in its history, surpassing the previous ATG, it is possible that ethereum will touch more than $10K.  Ethereum is the King of altcoins, although it will never overtake bitcoin, ethereum always accompanies bitcoin.  These two coins are very safe to hold.
Everyone is saying the same thing if the Ethereum ETF is approved, the price will go up a lot and stay up to $10k in the upcoming bull market. Yes I also believe Ethereum ETFs will make a good position if approved from the case. If the ETF is not $10,000 after passing the case, you can go up to $10,000 in the upcoming bull market. Because everyone is saying the same thing, I can't say more from here because everyone was saying that Bitcoin will recover by 2024, but we already see that Bitcoin is going to recover. Then everyone thinks Ethereum will go to $10,000. I definitely believe it can touch $10,000. Currently the price of Ethereum is $3466 and you are not far away from being 4000 dollars. Let us who have invested properly evaluate our investment.

You're right, if an ethereum ETF is approved it's likely ethereum will go up to $10K, but 7K-8K might be more reasonable. Unfortunately, I prefer to set a target at a high price and divide it into several stages in selling my coins.

75
Cryptocurrency discussions / Re: Crypto is truly valuable to our lives
« on: March 07, 2024, 02:23:40 PM »
Quote
Which crypto do you utilize in your life?
For what work or purpose do you use it?
How important is crypto to you?

I have a lot of cryptocurrency that I use to get earnings, and it depends on the trend and development that I know, and I base it on that, and often I just look at the graph or chart. That's why there are times when it's not good to keep up with the trade when the situation is calm.

My practice of cryptography is important because it is what gives me help with my personal needs in real life. It has already exceeded my salary for doing the work before. I have invested more here in crypto than when I was an employee at a company.

many have benefited from crypto friends, I and many friends in my community also get additional income from trading and holding crypto, there are also those who join airdrops and bounty campaigns. So again I say, this crypto is very valuable for me and my family.

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