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Messages - ACoinedTerm
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« on: June 13, 2022, 11:17:06 PM »
I could tell you to buy some BNB or TRX, or even Stellar Lumens, but those are long term investments and you probably won't start profiting in this year due to the aforementioned bear times. You can do stable coins farming on beefy or autofarm
I have been curious about Stellar Lumens for a few reasons. I heard it has fast transaction times. I also heard that it's the best coin to invest in once the US implement regulations on the crypto market. I don't understand why its market price is so low right now. I need to do more research on the coin because I do indeed believe that it will rise up in worth someday.
2
« on: June 12, 2022, 01:15:46 PM »
Hi there cheezcarls, thanks for your reply.
Me and my dad are looking to mid-term hold some alt-coins/tokens. As for BTC, me and my dad believe in the coin rising near the 70k again in the near future so we will buy some BTC to hold long-term. Only problem is is that we don't whether to put in our bid now at its support which is around 30-27k or if we wait for it to go a bit lower. It's interesting that you mentioned Dollar Cost Averaging; I will have to look into that more too as the term is new to my ears.
So in summary, yes we are planning to finalise the majority of our investment into BTC in a few days time. But we just don't want to put all of our eggs in one basket, so we are looking at other coins in the meantime and possibly look into the DeFi realm with a bit of cash.
3
« on: June 12, 2022, 03:37:38 AM »
Hi there forum. My dad and I decided to see if we could take advantage of the current market dips. We are aiming for a passive investment and possibly passive income type token. I understand basic cryptocurrency theory and also bits and bobs on how Defi works.
Does anyone have any suggestions on what to do with 500 USDT at this time in the market? I know this a vague question and I may be waffling, but I might as well start communicating with others on the forum and get some insights. I was thinking of putting all of my money into a DeFi token but im not so sure.
In summary, I guess what I'm trying to ask is:
What altcoins / tokens are you all watching closely right now? And if you had 500USDT, where would you put that to use?
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