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Messages - MCcabe Rory

Pages: [1] 2 3 ... 7
1
Cryptocurrency Trading / Re: Just HODL
« on: June 23, 2024, 07:55:02 AM »

If you have good skills on trading then trading can be done.  Because a lot of profit can be made through trading.  Holding is a safe method but only for Bitcoin.  Other cryptocurrency coins cannot be profited by just buying and holding.  To make profit you have to choose good coins and invest and hold there.

Holding is a long process so many prefer trading rather than holding.  So I would say that whoever is satisfied with the subject and skilled in that subject should do it
Both trading and holding, both are good ways to gain profits in crypto. I think it is adjusted to each person's ability to invest, there are those who have trading skills, they will choose to become traders. For those who are busy in the real world, they will choose to be a holder. So each person has their own plan and adapts it to their abilities.

Holding takes lots of Practise and patience though.

2
I know that getting a GPU is expensive for many people. Decentralized GPU cloud infrastructure can help them access a GPU by paying an affordable fee to the owners of these GPUs. I don't have a good understanding of the concept of decentralized GPU cloud, but I saw many CEXs like Bitget, Bybit, OKX, and others mentioning Aeithir, a project specializing in it. I will study this concept more.
Decentralized GPU. Nice concert

3
General Discussion / Re: What is your favorite main course to eat?
« on: June 08, 2024, 08:11:57 AM »
Beef brisket and lamb roast.. sensational

4
Meme Coins / Re: Is BabyDoge coin still alive?
« on: June 05, 2024, 07:57:32 AM »
The opposite of what is expected always happens in the crypto market. If those who are behind it stop working now, there could be an update of this coin soon. Also I have seen that this coin has been in the market for a long time but could not move forward like others. However, considering the number of holders, this cause is still very likely to go well. It currently has more holders than any other meme coin. Also they previously managed their coins on Ethereum chain but as far as I know they will use Binance chain now. They can definitely show something good in the future.
The babydoge coin is still alive but the price is very much down and the developers need to revive it if they are serious about the project to show face in the cryptocurrency ecosystem. I think this is the correct price of the project or coin 0.0...00018 in coinsmarketcap while in Coingecko is $0.081799. And if any one is still hodling this coin then they are wasting their funds there, instead they would have invested it in another project that will give them good gains.

Sadly that's almost certain for memecoins. Except there's another huge hype. I don't see babydoge rising. That's my opinion though

5
I searched online portals on this topic since few days ago where i see that there are many women doing well in crypto space. Some have shown a positive attitude towards crypto as an employee of an organization and some for business purposes. Women are serving as CEOs of several major investment platforms. I have seen many female entrepreneurs working on crypto. Also learned about Binance and Bitgate in one of your posts recently where women have a large contribution. This figure will continue to increase in the future.

That's true. Bitget ceo and binance cofounder have set a good precedent. I'll love to see more women taking on leadership role in the crypto space myself in the next couple years.. cheers 🥂

6
Maybe I'm the type of person who likes not to research projects and study each project until they produce multiple profits. From the beginning I got to know crypto, I was only involved in bounties and airdrops, nothing more, I want one day to be an investor in one project. crypto

Go for it mate. But it is impossible in this space

7
Okay it's the last Friday of May so let's have a light-hearted thread here. Don't know about you, but I've personally always found it funny how new narratives consistently pop up in crypto and then die out before we get to see anything worthwhile come off of them. When I first joined this industry in 2021, first came the Metaverse (virtual reality) with all its promises, then Non-Fungible Tokens (NFTs) became the next big thing, capturing the public's imagination with the potential of digital ownership and provable scarcity. However, the hype around NFTs quickly faded.

Next came Mixed Reality (MR) and the idea of blending the physical and digital worlds, but this too has yet to gain widespread traction and adoption. And now today I heard about Mixed Reality Infrastructure Network (MR-DePIN), the latest buzzword-compliant crypto narrative making the rounds. To be honest, I didn't bother checking what this one is or which big names are involved this time.

But something tells me we havent seen the last of these. It will be interesting to see the next big thing is that the crypto community latches onto. Will it be quantum-resistant blockchain technology?LOL

The crypto space is an ever-evolving ecosystem, and we'll keep seeing new narratives. However, some ideas are here to stay, like RWA. Additionally, there are many serious projects in the MR-DePIN narrative, such as DeMR (one of the top trends on CoinGecko this week). So you should DYOR, and I'm sure if you're a sucker for new innovations, you'll find it exciting. 🚀

8
I'll go first. I've been in crypto for two years now. And I've learnt that it's not a get rich quick scheme. Using that mindset you'll burnout within a short while... How about you??

9
Meme Coins / The resurgence of space themed memecoins.
« on: May 30, 2024, 07:07:06 AM »
Been seeing lots of space themed meme coins on X. Seems there's a resurgence or something.. Felix is the latest that popped up on my screens. I liked it's space themed memeability though and I'm keeping a keen eye on this before launch. https://x.com/AstroFelicette. First it was dog, and then cats, do you think space themed narratives are the next to gain traction?

10
Meme Coins / Re: $X a meme inspired My Elon's X
« on: May 29, 2024, 12:30:00 AM »
Hmm, I haven't heard of any coin such new meme coin, probably due to weak marketing, anyway, the market capital you are mentioning is already much attractive still I doubt the transparency levels, as I haven't checked any of the details about it so I cant give any view on it, but obviously, every meme coin lover should know that meme coins are highly risky + rewarding if you are lucky enough and in saturate meme coins where market cap is low risk is worthy, but proper strategy is required, a strong narrative +market can do anything, but now recently I new trend is observed chain based meme coins, which are directly support by the chains we can say the official blockchain meme coins.

In such meme coins risk is potentially low due to the strong backing, when a particular blockchain narrative explodes such as Solana the meme coins supported by those blockchains explode crazy and these types of meme coins are worth checking for the newbies as they don't need to have risk management skills just basic info can help them to find best opportunity according to trend.


I searched for X on twitter and this came out. https://x.com/RUNES_X_BITCOIN/status/1795388141987098698?t=D4lT9xzAp0RQWhJfOWvkPg&s=19. I think this is different. It's on Bitcoin Blockchain leveraging runes protocol. There's alot of excitement on this though .you can check it out. Might wait further to see how the community backing is.. so DYOR

11

As the gaming ecosystem continues to evolve, alot of innovations have trooped in, including the development of games on Layer 2 frameworks. With highly scalable gaming models, it is quite certain that users will experience an immersive gaming experience.

Personally, I think I have caught this narrative a bit late and I will appreciate recommendations of projects tagged along this line. Thank you.

Gamefi isn't what it used to be imo. Alot of Gamefi projects have gone under the radar. But if you could DYOR on PARAM,. Got to know about it from Twitter farmers. It's a game development studio with top backings, so I'll suggest you keep in touch, you might come across some games you'll fancy 😎. The projects is also kicking up with listing partnerships with bitget, bybit, gate announced. Who knows, maybe binance might be around the corner 🎉. NFA though.

12
Ethereum Forum / Re: Is this a good time to buy/stake ETH?
« on: May 27, 2024, 07:17:46 AM »
Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

I agree, although the time is a bit tight, but it's better than nothing, I see the price of ETH is also increasing, is there any progress regarding the agreement?

Eth ETF has been approved.

13
With this two figures being isolated but exemplary examples for ladies, do you think we will see more female interests in the crypto space?
If you already understand that these are the exceptions, why would you still use it for a potential change in mindset of the general public (females)?

I read that women are the predominant consumers and that's why I don't think the numbers would change anytime soon. As an experiment, try to ask some random girls/women you meet and ask if they know what bitcoin is.

As a side note, I hope you're not part of a group that's low key promoting some CEX.

That's true..I personally know some few good female traders like myself in the crypto space and I wish more could get the idea. Maybe in the next 5years.. also it depends on the country you're from. In some, the equation is also equal..

14
Using CEX or other custodial staking platform is good when we're talking about convenience. But i'd rather consider non-custodial staking pool, where i can get the reward while keep ownership of the coin. Although popular coin (such as ETH) usually have low return rate these days.
On the contrary, popular coins such as ETH do have decent rewards on some platforms. On Okex and Bybit for instance you get over 1%  for using their flexible savings yield which is good considering the fact that these are secure places that have stood the test of time

Flexible savings is a feature many CEX have introduced and I've tried on platforms like OKEX and Bybit. It's cool since I don't have to do anything than just some few clicks.  But rn, I'm experimenting Bitget's PoolX. The APY looks good, up to 28% for some. Still studying theirs and some other platform's security which is the most important. So while I look out for cool APRs, I don't underestimate platforms security setup.


15
If you are worried about the last Bullrun and are afraid that the price of bitcoin will drop drastically after that,
then you need to prepare to take the profits that you will target.

But before that you need to fill your bag as fully as possible now, set the main target and take the profit when it has been achieved.
My main target for the last ATH is $100k and after that I will just see how the bitcoin market develops, whether it will go down after the big Bullrun or will it just standby and continue to reach new ATH again.

If someone is afraid about the bull season and is in doubt that will there be another ATH or not then he should plan a selling value so it can help him to avoid panic situations and will help him to make money for which he has made investment.
Rather than planning or deciding on a selling value as you've said, I think a better approach would be to consider the investment for its long-term profits rather than the short-term, because this actually helps a lot in getting rid of the effects and impacts of temporary market fluctuations on the investor (if it's Bitcoin you're investing in, and not altcoins).

Long term always prevails over short term ✅

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