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Messages - Aanuoluwatofunmi

Pages: [1] 2 3 ... 147
1
I advised that we should be careful with memecoins that rises overnight, they can impose a serious danger on us if invested before they can change pattern at any time and if we are not careful we may end up in loss, some investors do stay away from them except e have developed a significant boldness towards them before investing, most of them are with high tendency for risk and high return as well, which i think includes part of the reasons why some will invest or not.

2
We can take them serious, but we should not have our entire life on them,, because they can be disappointing, anything that stands to be profitable can also be a surprise to us with a particular risk attached to it, which we should know about these memes, they cant be there just like that without us being aware of their merits and demerits before investing in them.
The phrase "taking them seriously" is a very vague phrase. For some, it might mean "going all in with meme coins". For some, it might mean "investing most of your money into meme coins." At the end of the day, taking them seriously for me means going ALL-IN on meme coins which in this case, isn't recommendable.

Investing on them especially those new ones isn't advisable. Let alone, putting your life savings in it. :D There might be a few investors who made a huge money on it overnight, but that money came from many investors who lost their money because they got FOMO'ed or they expect that what happened to a selected few might happen to them as well.

Just avoid investing into meme coins... or at least those new meme coins. Now if you really want to invest into meme coins, I suggest focusing more on those top meme coins in terms of market cap.

What i meant here is for investors who will take their own risk to invest on memecoins, then they must ensure they have the best performance from it so as not to waste their investment by losing everything on it, because no amount of investment is deserving a loss, as we can do very much to also take care of the little investment we have for those that will be taking the risk in considering them, because as i know, there are investors who don't even go close to memecoins, instead bitcoin alone, while the little we invest on them must not be carelessly handled.

3
For any intending investors, they may find a suitable entry for them to enter and buy the dip, hold till it pumps, while for those that have been existing holders, they may sell if they cant afford holding any longer, but i still want to believe that Ethereum season is coming sooner, this may be a shocking news to some of us because it may happened when we least expected it, if we want to invest for a long time, we may still consider it and buy it at dip, but if we are trading and cant go by its way of performance, then we consider on other coins.

4
EU is not going to take it hard on bitcoin from the way i see it, if we can have China and US consider the use of bitcoin for reserve, then there is nothing impossible with EU, we should all try to make sure that we continue with the support given to bitcoin towards increasing adoption till it becomes an irresistible digital currency at every nooks and crannies of the world, very soon now, we are going to have an harmonized use of bitcoin globally.

5
There are lots of guesses about whom Satoshi is and what he is up to by now, since we don't have any accurate clue about his identity, personality and mission he is onto next after bitcoin, we all cant predict much about Satoshi and since this is all we could say for now, lets await on what may comes in after bitcoin in such a big way and that is if there's any, but before then, all the fingers crossed.

6
Bitcoin Forum / Re: Is TRUMP controlling BTC growth?
« on: April 30, 2025, 04:55:20 PM »
From my end i will rather said we are not to blame trump because this is a decentralized digital currency we are dealing with and bitcoin cannot be centralized as we have with other coins, those investing and trading should do that in a more understanding manner that will not lead to their losses at the cause of dealing with bitcoin, even as we are all aware that the effect is more on the economic performance than we have everything happening being related to the bitcoin network, we should not be misguided by these, because not all could be traced to Trump as the market behaves.

7
If bitcoin can be the leader of all other cryptocurrencies we have, then expect it to be the most suitable one to trade as well, trading altcoins could also be promising but we must be able to take the risk involved in them, because not all of them are best suitable for trading due to low performance and unpredictable future expectations in them, while trading bitcoin comes at all facets of playing safe without too much exposure on risk.

8
Having the required minimum knowledge is what will make our strategy to work in trading, because we have to think more about how we can help out in the situation from our own end by doing what is necessary of us to do, this then will be the guide to our investment capital we are using for trades, but when there is lack in knowledge as to how to trade, every efforts turned a futile one and we can easily ran into loss at any given time because of our incompetency on trading.

9
Cryptocurrency discussions / Re: What if the airdrop is gone forever?
« on: April 29, 2025, 05:39:01 PM »
Airdrops cannot be gone like that, it has its own little way of helping out in understanding how the crypto markets works, starting from how we can send and receive a coin, handling of wallet and the likes, its just that some newbies would have put on much expectations on them, with the hope that they should be worth a reasonable amount, while they are only a minor incentive received as a reward for performing a particular task in crypto, due to this low value, they are mostly gotten after the completion of such task.

10
The Crypto industry is a very large space with different ways to enrich it's users which most of us here knows about. I once read a post concerning how we could make money in the Crypto world and various thoughts from different users triggered me to create this topic What aspect of Crypto is likely Gambling?

I will say trading and investing on shitcoins, remember the linking word here is likely, so trading to some extent could be likened to gambling, but am not concluding that its gambling, but they have a similar risk for wining or losing as our money is involved on both, while going for meme coins and shitcoins we don't know much about is highly risky, because we are more likely to lose than making profits form such, this is just a comparison, but not a conclusion that crypto is the same as gambling.

11
Cryptocurrency discussions / Re: bear run, what to expect?
« on: April 29, 2025, 03:57:03 PM »
I still want to wait for Bearish and I want to feel what the Bearish atmosphere is like when it happens.
There are many investors who, despite knowing about the potential of Bitcoin, could not hold Bitcoin in time according to the desire or some of them want to find a dip in Bitcoin so that they can hold more Bitcoin. Many of those investors may expect a bearish market. But currently, Bitcoin is not at a level where one can find a dip if they want. It is unknown to all what will be the price of bitcoin tomorrow. If someone thinks that he will hold for the long term, then this time is suitable for him. If he wants and considers the current price as a dip and holds for the long term, then he will definitely benefit the most.

We may have the bearish pattern but not anytime soon, with the way things are appearing with the market and its pattern the bull season seems to continue and from here we may have the all time high any time, if we really want to invest and buy at the dip, then we must be able to hold and maintain it till the market becomes favourable to sell, i guess most of the long time investors are seeking for such an opportunity to invest and hold at the bear market.

12
Just as you have done with yours, same have we found with so many other projects that were just nothing than a test running, which you may also find out that  so many investors are taking their time to invest on what does not have visible utility yet, which is similar to a test net project, that is why it hurts me seeing that a newly project easily fades away and fail to perform well as it goes, because of related reasons in this manners.

13
Basic Questions about Cryptos / Re: Missed One Airdrop, Never Again.
« on: April 28, 2025, 08:31:42 PM »
So here’s my jist, Back in 2021 I missed out on an airdrop just because I didn’t check my wallet for like two weeks.
Since then, anytime I see anything that even remotely looks like a lucky draw, spin, or whatever I don’t think twice. I just go for it.

I understand your bid for not missing on opportunities and once we had a similar experience, we should try as much as possible to avoid a reoccurrence, but we should also not forget that not every offers we must run into, because some were being done with the pretense to scam us, we have a lot of crypto projects which have been launched and lots of assets have been rendered lost due to scam, this makes some to first pause before rushing to investment upon any project.

14
Maybe we should relate their low performance due to their off season we may be currently now,  just as we all know that there are seasons for the altcoins as well as that for bitcoin, but for now, if more of bitcoin season than altcoins, except for only few ones performing together at the time, however, knowing about these does not justify they may not perform any longer in the future, because there is time for everything in cryptocurrency and same as their season.

15
As long as the rules are still there, they are meant to be obeyed and strictly followed, they cant bend them, but it may be eased to an extent unlike the way they started with, but of it all, we need a more friendly regulatory framework for the use of crypto and how they can also support the same use with the commercial and financial institutions, adopt bitcoin as well as a legal tender and everyone should be rest assured we are having an alternative to the use of fiat currency.

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