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Messages - albon

Pages: [1] 2 3 ... 85
1
To me, there is very little difference between crypto trading and investing but there is a strong similarity in that you have to deal with a lot of risk in both. One of the great advantages of investing in crypto is that you can have a great opportunity to grow your capital over time. Being a long term investor can potentially benefit one but in many cases, short term investments are also profitable. Also, to me investing in crypto is less risky than trading. Therefore, investors should ensure that they understand the fundamentals of crypto and the risks involved. However, those who understand trading well can make good profits because you will get profits from trading every day.

2
Almost new crypto members face this kind of problem because they join different telegram groups for trading signals and many of them pay for it. Some people follow different posts from x and get hurt by investing. We should be very aware of the type of people we should follow so we should value our own experience more. Nowadays, the hype of a project is created through x so we should not jump to invest just by seeing any post. Suppose if you always buy the best higher currency then there will be no need to invest in new currency. Your interest will increase every time you follow a post from x so it is important to be careful in everything.

3
If you don't want to have problems with the law, make transactions with privacy, because each country's policy is different. In my country, crypto is allowed so I have no problem when making these transactions on local exchanges.
Although taxed, because the government has allowed it, I feel safe.
Many countries are now thinking about crypto legalization and my country has also done research on crypto a few days ago. When it is legalized in a country people will be able to use it safely and risk free. My country government does not want to legalize crypto due to some negative reasons. Some of the notable reasons were concerns about money laundering and other illegal activities related to unregulated cryptocurrency trading. However, a country government can accept crypto as legal if it wants to, following certain rules and regulations. But there is no specific law in my country that considers crypto illegal.

4
Since crypto is illegal in my country so i can't attend any crypto events and honestly i should never do it. However, if i get the chance to do so while traveling to a country then i might attend. Also, I'm not that lucky in crypto terms which is why I'm not looking at sponsorships. I think it's important for events like this to be attended by those who are truly millionaires and have been in the crypto world for a long time. It would be great to be able to attend such an event and meet great minds to talk about crypto and make connections. I am truly sad that the big question that remains for me about the acceptability of crypto is something i always have to follow.

5
Although we're not legally allowed to use it to purchase goods and services (as a legal tender), we have no difficulty in exchanging it in our local currency. Banks have been disallowing accounts related to crypto trading before but they are more open now. At this point, the main issues with us is the local exchanges that aren't up to par yet with international exchanges and also the blocking of accounts.
In my country, if there is a sudden influx of funds into my bank account so i need to provide proof of source. Of course for small funds it is not a problem. However, since i am not authorized to sell crypto directly here, i exchange it into my country's currency through some site. I don't want to get into any legal trouble so i always try to stay private. Also, nothing can be bought with crypto in my country so meaning there is no online shopping, which means we can't spend crypto directly. Whenever i earn money from crypto, i convert that money into my country currency.

6

If the general trend for all altcoins is bearish, then all long-term investments are losing money and more like buying the lottery in the hope of getting rich.
Short-term investments, however, vary depending on the investor, so they can only be considered gambling by newbie investors.
In some cases, there are similarities between crypto and gambling such as the expectation of profit as I said before. For example, people can make big money from crypto and gambling and some people even become rich suddenly. On the other hand, if you bet on gambling and lose there is a possibility of losing all your money. in that case, if you invest in crypto you will not lose all your funds and even if you do not make a profit you will get some money back by selling the coin. Also, if you consider the risk aspect then gambling is more risky because your funds will be lost in just a few seconds. However, in the case of crypto investment the funds will not be completely lost.

7
Cryptocurrency discussions / Re: What if the airdrop is gone forever?
« on: April 29, 2025, 07:07:21 PM »
Airdrops will never disappear because through this a project is promoted to a sufficient extent. Through this all the updates of a project are delivered to everyone as quickly as possible, so all projects want to launch airdrops but currently airdrops are a kind of fraud. A project promises to give a million dollar reward for airdrop but in the end it turns out that they are fraudsters. At one time many projects were promoted through bounty but due to the increase in scam projects, people refrained from bounty. Similarly, many people refrain from airdrops because there have been many scam projects here as well, but those who are new to crypto are jumping into airdrops without knowing anything.

8
We all know that taking risks is an integral part of the investment game. So since crypto is more volatile than anything else, its price fluctuates dramatically so its sentiment is almost always heightened. Similarly, people get a sense of risk from gambling so it provides two equal feelings in terms of risk. However, it would be wrong to call crypto completely gambling because even if crypto investments lose money so you will get some funds back, but after placing bets in gambling you will completely lose the funds you lost.

Gambling can make people suddenly rich and people gamble because they are addicted to the lure. In that case, you will get profits from crypto both small and large. If you have experience in crypto then you can make good profits but in that case, gambling is completely dependent on your luck so if you have good luck then you can profit from gambling.

9
Cryptocurrency discussions / Re: Do you still believe in Presales?
« on: April 29, 2025, 12:56:02 PM »
This I would say that it's as a result of many developers overrating and over pricing their token during presales, and most of this developers are more focused on raising money much more than they are interested in building an actual product that will give the token a good value..

Avoid presales, it's not profitable based on my own personal experiences, I've invested in several presales and not has been profitable..

Of course, a project can run away with fraud at any time after the pre sale is complete. It is true that not everyone benefited from the pre sale and many lost a lot of money through it. Actually, the crypto world moves with new trends so we should follow the right trend at the right time. During the ico hype there was a lot of hype in the pre sale market, which is now marked as a scam tag instead of time. So currently the pre sale is a scam and no one is investing here, so there is no need for any research on pre sale. A few days ago, people suffered losses from the pre sale of the drop coin project. This project has no development activities and those who invested in the pre sale scheme were cheated.

10
Cryptocurrency discussions / Re: Lost Hope in Cryptocurrency in 2025
« on: April 27, 2025, 09:43:15 PM »
Don't lose hope in crypto just yet . Despite some setback, the industry is still evolving and growing.  Cryptocurrency market can be unpredictable, and price may fluctuate rapidly to point you can no longer bear it, but taking a long view and managing expectations will help shaped your perspective. Always remember the crypto industry is evolving, and their are opportunities for growth and innovation.
Start exploring new projects and learn from your mistakes then increase your research and practice. As the days turn into weeks Sarah portfolio begins to recover. Start seeing market volatility as an opportunity rather than a threat and buy your favorite coins. So don't give up take a step back, reevaluate your strategy and remind yourself why you started investing in crypto in the first place. Move forward and never lose sight of your goals. The crypto market can be unpredictable but with determination and resilience you can weather its ups and downs. We never want to stand still so to make a profit in crypto so you need to have a lot of experience.

11
Cryptocurrency discussions / Re: Do you still believe in Presales?
« on: April 27, 2025, 07:55:27 PM »
Actually, it's the same as other programs like ICO and IDO in the past, it all depends on the project we buy. If it's good, then the price will likely increase many times when it's listed, and vice versa. So everything has a risk, and usually the high risk has a higher profit potential. So before entering the pre-sale, keep doing a good analysis.
Correct,
I have invested in pre sale of some projects which were really profitable. However, in the current market scenario people do not want to believe in ICO, pre sale because they have come across many scam projects here and have been cheated repeatedly. Everything in the crypto world has risks but the risk can be reduced only when you become a crypto expert. We all know that it is possible to get good profits from trading, but we still refrain from trading because it requires a lot of experience. We've all lost money more or less in our early crypto lives, so now is the best time to make a profit.

12
Let's dance together as if it were a dream because this is only possible in dreams and the bitcoin price will never return to your dreams. Currently, the narrative of BTC as a safe haven or inflation hedge is becoming popular again and its investor attraction momentum is so strong that we could see new records for bitcoin prices in the future. So if this momentum continues it could create a new path for institutional BTC allocation. If the bitcoin price returns to the price you paid, then within seconds billions of people will rush to buy again and the price of Bitcoin will go to the moon again. Since no new supply of Bitcoin will enter the market so its price will only increase with a small supply.

13
In my country, crypto is illegal so it is illegal to use crypto as a central bank. However, since there are no regulations like banks here, anyone can easily use crypto and the crypto world has the necessary features for that. Since it is banned in my country we cannot use it directly and we have to keep all our identities confidential. There are legal restrictions on using crypto, so if the police catch us there are penalties. I use some websites for crypto transactions that allow me to easily convert to my country currency. However, I can never exchange large funds because I could face serious legal problems if the government were to track my identity.

14
Meme Coins / Re: trump coin
« on: April 27, 2025, 11:50:25 AM »
We all know how the price of trump coin sank into the river so it would be foolish to increase the price again. Since trump coin is a meme coin so the price of $100 will be surprising to everyone. I think the trump coin fomo is over long ago so there is no reason for any more fomo. Moreover, millions of people have already bought trump coin and they bought it at the lowest price so it is absolutely stupid to charge $100. Some social media posts are trying to revive the hype of trump coin so before investing to verify it with your full experience.
The new people that are hoping to have dinner with the president might not really have any dinner with the president unless you are holding millions worth of the Trump coin and all for what? For dinner with someone that is busy fighting tarrif war.
My research still doubts that trump coin has a direct connection to trump because speculators can easily be fooled by names that appear to be fake coins related to the real $Trump cryptocurrency. The sudden drop in the value of this coin has put the digital equivalent at risk. There are over 100 fake coins with trump and his family names on them all of which are fake coins.

The trump coin also halved in value since the melania coin was launched which is what started the decline. Six of the counterfeit coins used the name and symbol of the official trump coin, while others were more obvious forgeries including the official hitler and pu coins.

15
Meme Coins / Re: trump coin
« on: April 26, 2025, 07:40:52 PM »
It will go over $100

Every 100 or 120 days he  will do a dinner for biggest coin holders.

Thus coin will go up bigly. Time after time.

We'll see, but personally, I think reaching $100 will be very problematic since it didn't even happen when everyone had fomo during the meme token launch.
As for the dinner, it may work once, but if these dinners with Trump are systematic, their impact on the token price will be less and less each time.
We all know how the price of trump coin sank into the river so it would be foolish to increase the price again. Since trump coin is a meme coin so the price of $100 will be surprising to everyone. I think the trump coin fomo is over long ago so there is no reason for any more fomo. Moreover, millions of people have already bought trump coin and they bought it at the lowest price so it is absolutely stupid to charge $100. Some social media posts are trying to revive the hype of trump coin so before investing to verify it with your full experience.

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