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Showing 20 of 992 results by @prashant
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Board Altcoin Discussion
Re: Reliable ways to Earn yourself Tokens without Trading
by
@prashant
on 15/08/2024, 03:16:09 UTC

Quote
And to be able to make a lot of profits, you really need to invest a lot of money as well. And for sure, there are average joe like us here who are not willing to take that risk to invest our hard earn money on them.
Op you are actually getting it wrong here. Making profits in the whole crypto space especially with altcoins is something that is dependent on how much you understand the crypto space and not how much money you put into investing . This is because you could potentially lose a huge amount of money because you invested in the wrong crypto.


Crypto asset trading is a risky activity just like altcoins, but there is always a gap in making a profit, with the potential for continued growth not discouraging people from investing in it even though they know the risks they will face, even though altcoins have the potential for much greater profits compared to bitcoin, players in the crypto market are now starting to look closely at potential altcoins to get the profits they invest, but the right choice is the main key to success.
Its not about risk factor, its about investment with calculative risk. For these kind of investment u would need a big pocket. I still remember 4 years back when Defi stake was gaining momentum, a lot of these kind of scheme/ideas was gaining attention. They were promising 20-30% return in small span, which was tempting but absurd. I think its better to take risk in sports gambling if you are expert in particular sports or go traditional way i.e trading.
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Topic
Board India
Re: GoSats - An Attempt to Promote Bitcoin in India (What's your views guys?)
by
@prashant
on 23/08/2020, 14:45:06 UTC
You have a giant competitor for your startup which is bitrefill as you can buy almost all well known services voucher from there and ya they provide cashback in sats as well but you might get an edge on adding upi and e-wallet support.
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Topic
Board Trading Discussion
Re: Are crypto advisers worth to be looking for?
by
@prashant
on 18/02/2020, 17:01:19 UTC
If you want to be good trader then it is advisable to learn chart reading and learn some strategies through various free sources then its upto you but i would recommend for atleast one month use demo account to start your journey in crypto trading as you will soon get experience related to heavy manipulation in crypto market then it will upto your skills and research to increase your profit. As for mentors i dont think you will need them as those who are really good at it will charge hefty fees for teaching and they might not teach anyone as they dont need it as they are successful.
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Topic
Board India
Re: Zebpay: New policies, new management, and new beginning?
by
@prashant
on 18/02/2020, 16:55:31 UTC
During thier initial days they were top of the game and i really liked their voucher system but slowly they discontinued it  but they had fast processing services. It is good that they have comeback and now they have a big competitor i.e wazirx and it is dominating right now so in order to compete with it lets see what new promotion stuff they do.
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Topic
Board Speculation (Altcoins)
Re: Is this time to Sell altcoins before BTC Halving
by
@prashant
on 18/02/2020, 09:45:25 UTC
Always hold majority of your fund in btc rather than altcoin as btc is dominant one and other follow its trend so if there will be rally then sure btc will ride but when it reaches certain point altcoin will follow it. So my best advice is to make 70:30 or 80:20 btc to altcoin ratio to get safe ride in having duration.
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Topic
Board Altcoin Discussion
Re: What happens to BNB after 5 years?
by
@prashant
on 18/02/2020, 09:41:28 UTC
As you know binance is one of the fast growing  growing exchange out there and it has already become global exchange and if they continue with same pace then in 5 years we might see binance as majority holder in exchange space then bnb will automatically rise in price so it is safe play to accumulate it and leave it for few years to get massive profit. Binance is continuously working to introduce something new to space so we might see other usage of bnb soon.
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Topic
Board Economics
Re: Countries and their own cryptocurrency!
by
@prashant
on 18/02/2020, 09:15:31 UTC
I think if they focus more on Blockchain and create a digital version of their native currency then it would be big step towards digitalisation using Blockchain technology. We already have different firm around the globe which are creating their own currency and majority gold backed currency which is gaining popularity but i think if government take initiative to do so then it would greatly increase awareness among general public.
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Topic
Board Altcoin Discussion
Re: After Ethereum, Which Smart contract platform is better?
by
@prashant
on 17/02/2020, 15:15:19 UTC
My eyes are on waves,qtum and Neo as i think all three have captured a specific dapp market for them and they have good team and community backing them. Waves have come with smart contract and they already have fast dex but i see good growth of waves in coming years  only when they focus more on marketing as they had poorly performed in this criteria. As for qtum and Neo i like to see if they come up with new dex to boost their exisiting technology.
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Topic
Board Marketplace
Re: Is spotify premium upgrade something that people will buy?
by
@prashant
on 17/02/2020, 14:44:15 UTC
You will always find people who spent money on literally anything so you may have chance to capture a niche for yourself. As for Spotify yes i have seen plenty of people buying it as it is one of the best cloud song streaming out there but i think they should change pricing for time being to attract more subscriber as pricing can be its weak side. So if you can find a lobby or create audience in social media who are looking for cheap solution then you will do good.
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Topic
Board Speculation (Altcoins)
Re: Which coin now you think had a good future
by
@prashant
on 16/02/2020, 18:29:04 UTC
I think most of the dapp platform related coin have good future such as eth,waves,neo,eos,etc and some of the potential tokens also have nice growth. Other than btc only eth can capture leftout market as it has solid backers and good partnership plus majority of token on market uses eth Blockchain so we can see eth dominance in near future.
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Topic
Board Altcoin Discussion
Re: ETH could reach $440 if bullish
by
@prashant
on 16/02/2020, 18:09:57 UTC
It will be bullish only if btc do not dumps and if btc is heavily manipulated in dump direction it will surely affect eth rally. For time being eth should attain 300$ mark and remain stable around this range then only we might see 400$+  this year. If btc goes bullish then who knows we might see 2017-18 rally repeat.
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Topic
Board Altcoin Discussion
Re: Is Hardware wallet really secure enough?
by
@prashant
on 16/02/2020, 17:46:33 UTC
Hardware wallet are safe unless you are not doing stupid thing and giving your wallet phase to others to play with it. Majority of available hardware are thoroughly tested and undergo various attack to test their security so they are able to provide crack proof support so i know its pretty safe to have one.
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Topic
Board Economics
Re: Can Blockchain Replace Banks?
by
@prashant
on 10/02/2020, 15:38:26 UTC
Blockchain technology will be used by banks in future no doubt about it may at that time more advanced concepts will introduced related to Blockchain. As for now it is difficult to implement it as they have to design their custom blockchain with current database system and thats little tricky but hope so we will see some bank in action regarding Blockchain technology.
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Topic
Board Altcoin Discussion
Re: Anyone still earning with bounties?
by
@prashant
on 10/02/2020, 11:31:48 UTC
Ya 2016-2018 was a good time for bounty hunters many good project started at that time but we are seeing fewer such project now but that doesn't mean the bounty income stoped. Just it has become little difficult as project are not getting good funding now and you have to do a little more research before choosing a bounty so it will give good payment later on.
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Topic
Board Economics
Re: If you could invest your cryptocurrencies in the environment would you?
by
@prashant
on 10/02/2020, 11:18:37 UTC
In my opinion it is absurd thing that mining will affect environment then if it do then every electric equipment is responsible for it. Don't take these environment friendly protesters seriously as they usually travel in luxuary car and waste environment resources then they attend some event and start fake narative of environment destruction. It is true that global warming is increasing but that doesn't mean that if we stop some electronic appliances then it will slow down. Government has to take some big step towards it to solve the problem.
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Topic
Board Speculation (Altcoins)
Re: Can Ethereum reach the 1400$ mark this year?
by
@prashant
on 10/02/2020, 11:11:32 UTC
Nothing is impossible and not even in this volatile market. It can surpass it as it has already begun with a good chance to do well this year. I hope most alternative coins that have been sleeping for years will also perform well this year. The outlook sem to be great for the year 2020

Of course nothing's impossible but for ETH to break $1400, BTC first needs to break $20k. That's just how it's gonna be for the entire crypto market. BTC won't determine the exact fates for alts, but alts will only moon when Bitcoin does. And not all of them will wake up, we'll still see alts die in a major way.
Thats not possible for eth ya we have seen eth got pumped during btc rally but according to chart and current market scenario this year i am not seeing hyped rally for eth. If ethereum upgrade will create some hype it will take it to 300-400$ mark and i think it is good for it as we will again see growth for eth Blockchain and its token will follows its trend.
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Board Trading Discussion
Re: Bull and bear market.
by
@prashant
on 10/02/2020, 11:05:43 UTC
Experienced trader can make money in both condition but dont fall in bull rally trap as it will lead to loss otherwise depending your skill choose target and decisiveness is needed. Always remember one thing without risk there is no good profit so instead of being afraid and choose to trade at risk or dont trader because going for small profit will only waste your time and opportunity in bull or bear trend.
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Topic
Board Speculation (Altcoins)
Re: Ethereum 2k in 2 months?
by
@prashant
on 09/02/2020, 15:03:54 UTC
Nope,  i dont think so we will see same 2017 bullish trend this year but will see rise in crypto. If eth touch 300+ this year then we might see a eth rally at the end of this year but lets hope Ethereum pos will give boost to daaps and holders.
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Topic
Board Altcoin Discussion
Re: Ethereum versus EOS January, 2020
by
@prashant
on 09/02/2020, 14:41:24 UTC
You are missing one major point that Ethereum is first major dapps platform and it already has big alliance with tech giant so eth will always be dominant. It is similar to saying no matter how good the technology for payment would be but still btc will dominate so it will similar in case of Ethereum no matter how good new platform for daps would be it is quite difficult to swith to new platform.
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Topic
Board Economics
Re: Goverments creating digital currencies - Threat or Opportunity?
by
@prashant
on 09/02/2020, 14:36:03 UTC
It will only increase awareness about crypto among general public and soon they will be redirected to btc and other major altcoin. In my opinion it will be good step as after they introduced  their own digital currency other crypto service will soon follow and we will se rapid growth in crypto space as it will become legal.