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61

Sorting Box / Re: Any suggestion about NFT projects? Do you believe they have a future?

« on: April 19, 2022, 11:38:33 AM »

There is quite a hype about NFT in the market but the fact is most of the NFT is just a money grabber scam jpg file. They don't contain any real value and their trading volume is more artificial than real. NFT project like Raible, super rare, etc has real use case so I guess it will be safe to stick with a project that has utility rather than hype.

62

Sorting Box / Re: BTC MARKET ADVICE

« on: April 19, 2022, 11:35:12 AM »

Quote from: cryptopapa2346 on January 06, 2022, 10:34:27 AM

BTC almost drop to 43K and it touch 42k but now I thinking about to buy from here now I need advice from you guys BTC will pump again or it will go down to 40k

In the long run, it surely will. Check the historical data of bitcoin. In every cycle crypto market shows massive growth and a bear market follows the next year. We recently saw the growth so now it's time for a correction which is the best time to accumulate bitcoin. A quick piece of advice: do not put everything in a single trade.

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Cryptocurrency discussions / Re: Why believe cryptocurrency is good investment?

« on: April 13, 2022, 07:39:25 AM »

After seeing last decade's return on investment don't you think everybody will agree cryptocurrency is a good investment? There is no doubt that we miss the chance if be early adopters but we are still a long way ahead of most of the people on earth. Before it becomes mainstream it is our last chance to take a good position in the market.

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Cryptocurrency discussions / Re: Long Term VS Short Term Investment

« on: April 13, 2022, 07:36:14 AM »

Quote from: Linda78 on March 27, 2022, 12:40:35 PM

I always like to make long term investments. Because if you can understand the value of the currency and invest in it, you are more likely to make a profit.Many people prefer to invest for a short period of time, it is less likely to be profitable and more likely to be at a loss.

Actually, long-term investment is a good practice to avoid tax. Also, it is a bear market it's the best option we have because there is very little chance we are going to get any big project from the market. The more likely market will go further down. So either we have to shit ideal or invest. And the bear market is the best time to invest in the long term.

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Cryptocurrency discussions / Re: As a crypto person, what is your prospect come 2022.

« on: April 12, 2022, 04:45:58 PM »

There are many things to ask for in 2022, but it is never possible to make all the possibilities I want. First, I want to make sure that my loss will be recovered which I have taken after the September crash till now. It was a hard journey and I have managed to secure some of my funds and invested in some projects. I hope they will grow well.

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Cryptocurrency discussions / Re: Why altcoins exists?

« on: April 12, 2022, 01:14:34 PM »

The same reason why bitcoin exists. BTC could be the father of all crypto currency but there are many sectors where development can be made which can not be possible in the current BTC network. So we need altcoin for that. In terms of technology, many altcoins are superior to BTC but bitcoin has the most support from the community.

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Bitcoin Forum / Re: Bitcoin new update news...

« on: April 12, 2022, 01:12:03 PM »

It's good news for crypto but why is still market dumping? That's strange and if it's only because of exchange manipulation to liquidate the long position then very soon we will see upward momentum to liquidate the short position too. But I hope BTC will respect 40k support and stay above that. But dumping without any negative news is a bad indication.

68

Cryptocurrency Trading / Re: Do you think ETHEREUM pair trading is good for all?

« on: April 12, 2022, 09:31:40 AM »

Those pairs are there for some reason and they have a good amount of volume too. That means some people are being benefited from using those pairs. It can not be good for all if you do not know what you want to achieve. Blindly using any assets or pair could cause a loss of funds. You could follow some tutorials on youtube to understand it better.

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Cryptocurrency Trading / Re: Is it a good idea to use a VPN for trading on Exchange?

« on: April 11, 2022, 12:09:33 PM »

Constantly changing your IP address to trigger a security bot in an exchange and freeze your account. If this happens you have to provide your personal data to unfreeze them so it is not recommendable to use VPN always. But on some special occasions using a VPN should not be a problem in my opinion. Be care full when using a VPN because your data could be stolen.

70

Cryptocurrency Trading / Re: Best Trading Rules Ever

« on: April 11, 2022, 12:06:32 PM »

You miss another points here. Do not over trade. Sometimes trading becomes a habit to us and we try to trade in every market conditions. But we have to understand that not losing money is also part of trading. Avoide trading in a bearish market conditions will help us to secure our funds when there is very little chance to win.

71

Cryptocurrency discussions / Re: New projects are just for Raising Funds..

« on: April 10, 2022, 06:48:20 PM »

Its became a trend for scammers nowadays. When Shiba Inu goes viral, you will see many copycat meme projects listing multiple exchanges and presales. Most of them are probably dead by now. It's become very predictable right now because this happens in every bull run. There are some project doing very good.

72

Cryptocurrency discussions / Re: What's Your Coolest Crypto Project?

« on: April 10, 2022, 06:34:46 PM »

Quote from: mu_enrico on January 25, 2022, 03:36:26 PM

Lately, I don't have much altcoin in my portfolio, it's completely different from 2017/2018 ICO hype where I have shit tons of altcoins. I've seen DeFi with Uniswap, PancakeSwap, etc., tried crypto casino with its tokens and NFT, tried Play2Earn games, but I've not yet to see some project or at least concept that is truly interesting (or cool). What's your thought? Do you have some projects in mind that are interesting that you are willing to bet? It doesn't have to "bullish" or "moon soon," but have working product (or prototype) is good enough.

You should check out some web3 and metaverse project. Web3 is going to be something interesting in the near future there is no doubt about that but for metaverse just avoid new play to earn game. Also i saw some NFT project like steapen doing very good. Their GST token price is going up for quite some times.

73

Bitcoin Forum / Re: Things To Push Bitcoin Beyond $50K

« on: April 06, 2022, 11:23:32 PM »

Quote from: TomPluz on March 18, 2022, 05:18:02 AM

So far as I know, Bitcoin reached its All-Time-High of over $68,000 and from there many expected that soon it might be able to jump beyond the $100K zone but we know that it instead went south or downward spiral. Though for now, BTC is not that doing bad at around $40K even if bears are starting to claw in, I am thinking that there must be some big factors that can back the BTC towards winning over it own ATH and going beyond that. Will it be fresh institutional interest and buying...or will it be a new round of retail investors coming in again to pick up Bitcoin as it did in 2017? Or maybe a combo of both?

Retail investors will not join until BTC crosses the 50k mark. This is a sentimental barrier before the next bull run. Recent BTC accumulation by the Luna project pushes the price of BTC above 45k but it's not stable there. No pump dump game will kicks in so that long and short positions can be liquidated. But BTC could break 50k this year.

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Bitcoin Forum / Re: What will be the price of BTC in 2025?

« on: April 06, 2022, 11:20:16 PM »

Quote from: Acifix on November 13, 2021, 07:07:32 PM

We have seen long ago that the price of Bitcoin was much lower. But we are now seeing that the price of Bitcoin is rising a lot. But in 2025, the price of Bitcoin is likely to improve further.

Do you think this will improve in the future? Discuss in a little detail. Then I will understand.

It's an irrelevant talk about bitcoin I think. No one knows what will happen in 2025 and how far BTC will go. But everybody agrees upon one thing and that is BTC price will go much higher and more adoption will follow. This is good news for whoever is in the crypto space and a golden opportunity to grab more BTC when the price is still affordable.

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Cryptocurrency Trading / Re: Which is good - crypto Trading or Investing?

« on: April 06, 2022, 10:46:17 PM »

Quote from: Domithra on February 23, 2018, 05:01:44 AM

Which turns out to work magic for your gains?

Crypto trading is also a kind of investing so I think we can talk about which one is more profitable, holding or trading? If we consider this as a question then my answer will be holding. There is plenty of data that shows long-term holders make more money than a short-term traders. Also, short-term trading is riskier than long-term holding.

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