Search content
Sort by

Showing 20 of 909 results by Burogh
Post
Topic
Board Altcoin Discussion
Re: Crypto success takes time
by
Burogh
on 24/08/2020, 05:23:31 UTC
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

Agree that it takes a long time for a new project to develop. The price of tokens will increase if a project is able to produce a product and also passes the roadmap well according to the whitepaper. In my opinion, when the first listing price of a token, we don't need to be carried away because the price increase could be due to speculation
Post
Topic
Board Altcoin Discussion
Re: Time to call the people into crypto
by
Burogh
on 24/08/2020, 05:18:38 UTC
The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.

Do you think now is the right time to call the people into crypto world?

There are still many people who think cryptocurrency is a bad investment or don't believe in crypto. But I think they will change their thinking because now crypto has started to show active market activity
Post
Topic
Board Altcoin Discussion
Re: Trust Wallet Token discussion.
by
Burogh
on 24/08/2020, 05:14:42 UTC
Trust wallets are mobile wallets that are widely used to store crypto and support several popular cryptos and I think TWT will be profitable if we store it for the long term because it already has a usable product. Since listing, TWT has experienced a price increase of up to hundreds of percent and I think when listing on a large exchanger, it will make the price go up even higher.
the price has already gone up a lot. There is no strong value in this coin that would be interesting to large investors. I do not think that further price will increases are possible

The price has indeed jumped higher than the first listing. But what's interesting is that the price increase was only supported by a few exchangers and the big exchangers had not listed it. If TWT can be listed on major exchangers, I think the price is still likely to go higher than it is now
Post
Topic
Board Altcoin Discussion
Re: Sports Industry taking over the Crypto space
by
Burogh
on 21/08/2020, 06:43:39 UTC
Many of the areas that the new project began to explore, including sports. But in my opinion, the current trend is Finance and DeFi to be attractive to investors so that the price continues to rise. I think that in the future, the field of sports can be excellent in the cryptocurrency world
Post
Topic
Board Altcoin Discussion
Re: The best Altcoin Projects still trading below the US Dollar
by
Burogh
on 21/08/2020, 06:38:03 UTC
Do not invest because of what you'd been told on here, my advice is to take your time with top 20 coins on coinmarketcap, do your own research and pick the ones that are good to you, everyone has different reasons why a particular project is the best for them, find your own reasons too.

Agree, investing in coins or tokens that are in the top 20 coinmarketcap is safer. Investing in my opinion is not based on price because there are many projects that cost below $ 0.01 but the project dies and is actually detrimental to investors. The most important thing is that the token or coin has large liquidity and transactions so that it is easy for us to make transactions
Post
Topic
Board Altcoin Discussion
Re: If someone mistakenly sent you 1 ETH, what would you do?
by
Burogh
on 21/08/2020, 06:34:52 UTC
Better to return the ethereum back to sender. It may sound hypocritical but if we know the origin, our wallet address could be blocked by a large exchanger because ethereum originated from hacking and in my opinion it is better to send it back
Post
Topic
Board Altcoin Discussion
Re: Top 10 DeFi projects
by
Burogh
on 20/08/2020, 01:49:20 UTC
YAM is experiencing a crisis of confidence from investors and the price has plunged deeply. The current trend is DeFi but I think this is only a momentary trend and it is possible that the DeFi token price which is currently rising high can fall back down. In my opinion, doing research is the best thing before investing in coins or tokens that experience unexpected increases
Post
Topic
Board Altcoin Discussion
Re: Crypto currency is all about Hodling.
by
Burogh
on 20/08/2020, 01:45:12 UTC
Well there are a lot of advantages if we are going to hold coins one of this advantages is that we can choose a perfect price to earn a huge amount of profit. There are so many holders that gain a huge amount of profit as long as we have patience to hold we can really earn profit patience is a must in crypto.

Patience is the key to getting profit. If we hold the right and liquid coins, I think holding will pay off. Not all coins or tokens are feasible for the long term because many are pump and dump and I think we should be able to know the characteristics of the coins we invest in
Post
Topic
Board Altcoin Discussion
Re: Bull run is coming?
by
Burogh
on 20/08/2020, 01:41:49 UTC
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink

Hopefully in the foreseeable future, Bitcoin price may hit $ 100k as it will affect other altcoin prices. Seeing the marketcap value of the cryptocurrency market that continues to increase significantly, I am optimistic that the crypto market is getting more passionate and liquid.
Post
Topic
Board Altcoin Discussion
Re: DeFi scams [history]
by
Burogh
on 19/08/2020, 08:13:22 UTC
You need to be vigilant about buying DeFi tokens, especially if the token is a new project. Financial regulations in many countries still prohibit and hinder the movement of crypto businesses so I think the current risk to the DeFi project is quite high. But every investor must have their own judgment and perhaps the phenomenon currently happening is pump and dump
Post
Topic
Board Altcoin Discussion
Re: Crypto currency is all about Hodling.
by
Burogh
on 19/08/2020, 08:10:08 UTC
The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

I agree that we must understand when to sell or when to hold. Cryptocurrency price movements are very volatile and we can regret it if we are too late to sell. We need a target selling price if we don't want to regret it
Post
Topic
Board Altcoin Discussion
Re: Trust Wallet Token discussion.
by
Burogh
on 19/08/2020, 08:05:25 UTC
Trust wallets are mobile wallets that are widely used to store crypto and support several popular cryptos and I think TWT will be profitable if we store it for the long term because it already has a usable product. Since listing, TWT has experienced a price increase of up to hundreds of percent and I think when listing on a large exchanger, it will make the price go up even higher.
Post
Topic
Board Altcoin Discussion
Re: Crypto Bad Exchanges
by
Burogh
on 17/08/2020, 02:04:26 UTC
Some new projects are desperate on getting listed on exchanges, that is why they resort to paying the listing fee on such exchange with fake volume. I remember joining a project and having it listed in P2PB2B, most buy and sell orders were from bots and there's no real volume. Avoid this scam platforms if you want to secure your crypto.

Agree, it's better to avoid exchangers that use bots to increase the value of their transactions. It is better to use an exchanger that already has a good reputation and also has a large transaction value because with large liquidity it will be safe to make transactions
Post
Topic
Board Altcoin Discussion
Re: Can Crypto be more valuable than gold?
by
Burogh
on 17/08/2020, 01:58:42 UTC
Some coins or tokens, the price has exceeded the price of gold and I think this is proof that cryptocurrency can be used as an investment. But to make cryptocurrency a safe haven investment to replace gold, I think it will take a long time because the mindset of many people still thinks gold is the safest investment.
Post
Topic
Board Altcoin Discussion
Re: You can enjoy crypto currency
by
Burogh
on 17/08/2020, 01:55:16 UTC
To enjoy crypto currency trading, you need to have a good inflow of cash. Because as a trader, the fastest route to profit is trading with huge capitals.
Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.

This is why you need consistency in knowledge, patience and emotional balance.

Cryptocurrency is not an investment that can make us rich overnight and for that it may take a long time. A new project needs a good product that other people use as a source of income to make a profit and I don't think we can expect that to happen overnight. Maybe there are tokens or coins that in a day increase in price by hundreds of percent but I think it takes precision to choose these tokens or coins
Post
Topic
Board Altcoin Discussion
Re: New normal world will make crypto better
by
Burogh
on 14/08/2020, 07:06:59 UTC
Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19

I read the news yesterday that companies listed on the exchange are starting to become Bitcoin as an asset. I think this will affect people's perspectives and it is possible that the transactions and market cap value of the cryptocurrency market will continue to increase along with the trust given by investors.
Post
Topic
Board Altcoin Discussion
Re: Bounty or Airdrop kill project?
by
Burogh
on 14/08/2020, 07:02:46 UTC
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

In my opinion, this assumption is incorrect. Bounty allocation is quite small compared to total supply and usually ranges from 1-3% of total supply. With such a small allocation, I think that if the project is good, it will not affect the price drastically because not all bounty hunters sell their tokens and many people prefer to hold them.
If they list at small exchanges and have no liquidity, or their liquidity is less than $ 20k per day, I believe that bounty will cause the price to collapse many times. So bounty can still cause the project to crash if they list it in the small exchanges on this market.

The price of the token depends on the supply and demand, I agree that if the transaction is small enough, the token from the bounty can affect the price due to small demand from other investors. But if we count from the total supply, usually the bounty allocation is quite small because it is in the range of 1-3% of the total supply
Post
Topic
Board Altcoin Discussion
Re: User-friendly EOS wallet?
by
Burogh
on 14/08/2020, 06:58:31 UTC
To store EOS and tokens from the EOS network, I use Imtoken and I think it's quite user friendly because we can rent CPU and RAM easily and instantly. I have never tried an EOS wallet other than Imtoken but I think if we understand the features, we will be able to easily transact.
Post
Topic
Board Altcoin Discussion
Re: Trx or Eth ?
by
Burogh
on 13/08/2020, 10:40:20 UTC
Both of them have a lot of dapps and they could both go to the sky.
Vitalik and Justin work hard to make their coins better too so i am not sure which one could be better in the future.What do You think about this ?

Both Tron and Ethereum are good coins and have a large market cap. I think the two coins do not need to be compared because they have their respective advantages. I think these two coins are worthy of being a long-term investment and can provide returns to investors
Post
Topic
Board Altcoin Discussion
Re: Investment advice needed from experts
by
Burogh
on 13/08/2020, 10:37:01 UTC
Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH

In my opinion, it is too risky to invest in new coins especially those that do not have large daily transactions. With $ 3000, I thought I would prefer investing in coins that are in the top 30 coinmarketcap because I don't think the price fluctuation is too extreme