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Showing 20 of 93 results by Firstfrost
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Topic
Board Altcoin Discussion
Re: How much lucky have you got with crypto airdrops ?
by
Firstfrost
on 08/09/2025, 11:00:45 UTC
The early participants that involved themselves in  airdrops and bounty made huge amounts of money from so many airdrops but what we are seeing these days is the opposite of what participants supposed to be getting from crypto airdrops.

Many projects that are launching Airdrops now are very greedy and they don't even want to reward their community in a way that everybody would benefit after so many tasks given to them to accomplish in the limited shortest time.
Those behind the airdrop projects of this days have being taking advantage of the participants of their projects who go into it with the belief of the good old days that airdrop projects were devs were genuine and had the community in the context of the project. Greedy is an understatement to the projects that are launched this days , especially all of those time particularly late last year and early part of this year all the telegram tap-tap airdrop projects rather took from their participants instead of airdropping what they have spent time and money on in carrying out those ridiculous tasks.
Last year, I only blamed telegram miniapps when they scammed users but it's now very clear that all these projects are taking advantage of users. These days, to even find a testnet airdrop that would worth the time and resources put into it is a luck. Influencers are those majorly rewarded from these projects,  in order for them to onboard new participants.
Post
Topic
Board Altcoin Discussion
Topic OP
Can RWAs catch up with Stablecoins ?
by
Firstfrost
on 08/09/2025, 10:48:17 UTC
Tokenized assets have reached approximately $300B with stablecoins been the majority at $267B in circulation while tokenized real-world assets (RWAs) like have grown to $26B mostly adopted by institutions.

That industry is growing with but obviously stablecoins is the backbone because they move constantly for trading, payments and more but most RWAs are still and not often used in DeFi.

Even though RWAs do offer yield, they are not as fluid as Stablecoins. This I think might result in slow adoption and I don't see them meeting up stablecoins. RWAs might win in rank up in value but will they ever move like stablecoins do ? What’s your opinion ?
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Topic
Board Altcoin Discussion
Topic OP
Can TON Blockchain move uptrend in the future ?
by
Firstfrost
on 06/09/2025, 00:25:24 UTC
The TON blockchain one of those chains I had high hopes on but unfortunately it turned out to be a failed chain. However, I think it will come back stronger but hopefully it's sooner rather than later. After coming across one multichain DEX, TRADOOR that was built on it, this made me realize some are still optimistic about the chain.

Also Telegram's integration into that ecosystem will continue to be one of the advantage it has, it's interesting that many users still interact on the blockchain basically because it's easier through telegram but how long will this ecosystem be on a downtrend before it gets long forgotten ?
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Topic
Board Speculation (Altcoins)
Topic OP
Is this another antic or crypto adoption ?
by
Firstfrost
on 05/09/2025, 10:06:33 UTC
Apparently, a new mining crypto firm, American Bitcoin backed by Donald Trump Jr and Eric Trump debuted on Nasdaq. The mining firm was a product of a merger with Gryphon Digital Mining  with majority of the voting power; about 80% held by Hut 8, a Bitcoin mining company in Canada while The Trumps reportedly hold approximately 20%. Though this was worth about $2.6B when the value soared before scaling back to around $1.5B by the end of the day.

I see the firm is clearly aiming for a Bitcoin mining and treasury system but could this actually help with broader Bitcoin adoption or this is just another political antics ?
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
Firstfrost
on 01/09/2025, 08:28:26 UTC
When Binance futures went down earlier today, it reminded the risk of relying solely on a single exchange. Though I didn’t have a position opened on it at that period because i already placed a trade on Bitget at the time but i know those who were stuck. This just shows why you should have options open as a form of risk management because this can happen to any exchange at any time.  

I still stand on ‘no exchange is perfect’ but having a backup to spread your activities on would definitely save some stress when the unexpected happens which is why OKX is my third one. Just like having a diversified portfolio and having multiple investments basket, having different exchanges is a good decision in my opinion. Do you also use multiple exchanges or you stick to one ?
I did not know Binance futures went down. I don't trade in future but if the same thing happens to spot trading, then I will be angry if a coin meets my entry and my buy limit does not trigger, although this usually happens on Binance let's say if a big number like a multiple of 5 is used as buy or sell price, for example 5,0.5, 0.005, etc. These numbers are too exposed, and especially on Binance, market makers manipulate the order book to either pump high or dump high, like sudden movement around these numbers, especially around the new candle formation.

KuCoin and some other exchanges are better in this case and sometimes we can even get better rates on other exchanges, but on Binance, we don't have a chance to get anything a bit cheaper, although few cents don't make much difference.
You know that’s actually why I started using Bitget more often. The order book feels less manipulated and the fees are abit better too. And I recently just found out about there rewards programs which I'd start taking advantage of. So for me, even though I use Binance also, the former just feels smoother and fairer
Post
Topic
Board Beginners & Help
Re: Avoid buying Bitcoin from someone all because you know them.
by
Firstfrost
on 31/08/2025, 14:01:45 UTC
I feel like the beginners has a lot to learn when it comes to security . But then again I ask, apart from using a trusted wallet or app, what are some of the beginners-friendly tips to keep my coin safe?

Also how am I to identify scammers cus if we are able to figure them out, we should be able to trade safely.

I am a beginners trying to navigate and so far and most of the post and response I’ve been seeing have been beneficial to me.
It's great that you are learning well from the forum, just keep it up. Actually apart from trusted wallets or apps, always enable 2FA on all of your accounts, don't share your seed phrases or private links with anyone and be extremely careful with links in order to avoid phishing scams as they are very common nowadays. Especially on Twitter and Telegram.

Also a scammer is fast to offer you a 'too-goo to be true' deal just like the incident mentioned by the OP. So stay away from any situation like that.
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Topic
Board Beginners & Help
Re: What distance of time is long term investment plans?
by
Firstfrost
on 31/08/2025, 13:36:51 UTC
It has been so dramatic with how we define the duration for long time investment. Everyone have their own view of how they think their patient or investment plans can sustain them all the while.
Some foresee the least 4 years some foresees 8 years and above to be a long term plans but yet, some says either 4 to 8 years is not enough to be long term plans but 10 years and above.
I think this is a psychological matter where your emotions and your alternative source of income flows have to determine your goals and as well your time of holding before taking a sells decision.

So to you all, when is actually the timing limit for long term investment plans when invest on bitcoin?


When it comes to investment period, there is no one-size-fits-all. Bitcoin halving might be the reason for some investing on a 4-year term while others might be planning a 10-year term or more, leaving it as a generational asset. But in the end, investment plan also depends on one's mindset and financial needs, I mean how much they can survive without touching their investment portfolio
Post
Topic
Board Marketplace
Re: what if crypto currency investment is a must for future survival
by
Firstfrost
on 31/08/2025, 13:11:18 UTC
What do we think of a time that may come when the fate of human survival will depend only on using cryptocurrency for buying and selling, because mankind may soon find Fiat currency is obsolete or of no value in their current environment perhaps due to world earth crisis or pandemic or war .

Your opinion is valid!
It's highly impossible for cryptocurrency to completely replace fiat currency, even if there's a war or global crises, cryptocurrency can't be the last resort to earning. It's either the trade by barter system is introduced again or a local alternative is brought to place.

Remember, to access cryptocurrency, internet, electricity and technology will basically be needed. And all these can't be accessible if there is global crisis.
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Topic
Board Trading Discussion
Re: Even After Years of Trading, I Still Bought the Top Today
by
Firstfrost
on 31/08/2025, 12:11:22 UTC
This shows that even masters makes mistake sometimes.

Do you have similar experience like this?
A devoted trader and someone who knows about how the bear market and bull function can never make same mistake, this is excluding knowing about technical and fundamentals analysis. Those things are those who are routed into trading, while good investors or someone who has been in the cryptocurrency space should understand how the market function.

The thing is, if you keep making same mistakes for the past 5 years then I must you are not taking trading serious or it's not meant for you, meaning it would be more better you do investment than trading. Just imagine investment of 5 years, meaning right from 2020 you could had made serious profit from your investment than trading.

One thing people don't know is that investment could be good for some people while trading could also be good for some people but everyone wants to venture into trading without knowing that investment could be more better for them.
True, trading can't be for everyone and if one has been making the same mistakes for years, it might be better to reflect on whether trading is truly the right thing for them.

That said, we can also look at it from another perspective. Some traders are very passionate about trading that they stay committed in it even when the results aren't great. That passion can make them   persistent, however it can also prevent someone from pivoting to a strategy that might actually work better for them. But at the end of the day, it’s about being honest with oneself and choosing the path that bring good results.
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Topic
Board Trading Discussion
Re: Can 25x position ever work out to profits
by
Firstfrost
on 31/08/2025, 11:42:40 UTC
Trading is generally risky, but before starting futures trading, a beginner should learn how to trade on the spot market, as the risk of losing their deposit will be significantly lower. And only after trading on the spot market begins to bring stable profits, you can consider starting trading futures.
That's a better way than for beginners to jump straight into futures trading, especially without any skills, because they will lose more money quickly since we know how high the risk is in futures trading with high leverage.

Spot trading has a much lower risk. I myself still continue to trade in spot even though the profits are not as big as in futures, but we want peace of mind in trading, so we don't trade in futures.
They do not understand the whole point of it, it's clear that we are not going to see the price being that quickly up, and they get in and realize too late that even a small movement could make it zero and because of that they lose the whole trade, whatever they put on that trade becomes zero very quickly and they do not get that.

This is why it's clear that we are going to see plenty of people who are not doing the right job, and we should probably focus on how to do a better job if we know what we are dealing with. Newbies should be dealing with spot trading, because it's a lot better and won't have that kind of return, it would make more sense and it would allow us to have better return. If you can do that, then we can earn a lot more.
I hope new traders can come across posts like this because most of them need enlightenment. Many start over-leveraging without fully grasping the downside or in some cases choose to ignore . Spot trading is definitely a less risky starting point, particularly for those still learning how price action works.

The fact that it's better to aim for consistent and realistic returns rather than aiming for huge gains is an advice more people need to hear.
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
Firstfrost
on 31/08/2025, 11:08:42 UTC
...Although having several exchange account is good to diversify your trading activity and minimize risk in case exchange bankruptcy.

As a rule, tokens are not listed on all exchanges, and this is the reason that I have several accounts on different exchanges. In addition, due to the difference in the price of a coin on different exchanges, you can engage in arbitrage trading and this provides an additional opportunity to make a profit by buying a coin on one exchange and selling it on another at a higher price. This does not happen often, but it is necessary to be always ready so as not to miss such an opportunity.
Arbitrage trading is another solid reason to use multiple exchanges. For instance, this happened to me last year when one of those TG airdrop listed, I had to start arbitrage trading when I realized the difference in the listing price across the two of the exchanges it was listed. And yes, opportunities like that don't appear often but we should be able to maximize it when it comes
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
Firstfrost
on 29/08/2025, 18:34:34 UTC
I’ve also been using it for some years now, got no issues probably because i don’t trade much on it. About the airdrops and staking, do you earn from them on Bitget, i’ve always considered joining but never really did. I diversify across all these exchanges majorly for trading and risk management
I earn some airdrops by doing some easy tasks, so yes, I earn, but some of them are not worth holding. Sell them early if you want to make a profit rather than waiting long until the price is not worth selling.
About staking, yes, not much, but it's growing, and honestly, I'm not confident to hold this since I don't have full control of my wallet. That is why I only put an amount that I can afford to lose in multiple exchanges while earning from their offers.
Thanks, will start checking them out and just like you said sometimes it’s best to just sell early to make much profit
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
Firstfrost
on 29/08/2025, 16:26:33 UTC
Spreading to different exchanges is a must if you are a trader or if you are staking something to make profit, but still it's risky; we don't have full control of them. That's why you don't put much into exchanges if your purpose is to hold.
Since mine are spread out to Binance and OKX and some of them on Bitget, I'm not worried much if one exchange is shut down since I use them to take advantage of earning from doing some tasks and free airdrops and earn from staking. As I do want to grow them each while trading mainly on OKX.

About the issue above about OKX I don't have an issue using it except the last time that I deposited, it wasn't credited to my account due to the minimum deposit, below minimum but they solved the issue after a few months when the minimum deposit was dropped.
I’ve also been using it for some years now, got no issues probably because i don’t trade much on it. About the airdrops and staking, do you earn from them on Bitget, i’ve always considered joining but never really did. I diversify across all these exchanges majorly for trading and risk management
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
Firstfrost
on 29/08/2025, 14:16:41 UTC
Yeah youre right! no CEX is flawless Binance, OKX, Bitget, Bybit, Kucoin and many more theyve all had downtime before. Thats why I always keep accounts on a only limited cex, it’s just smart risk management and same way you diversify assets. Relying on one exchange is not good. But its always better to keep the funds or asset on a non custodial wallet for maximum protection.


Absolutely, no CEXs is immune to issues like this, spreading accounts across other platforms is just on point and i agree storing assets on non-custodial wallets is a good move. CEXs should be basically for trading while wallets should perform their functions.
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Topic
Board Beginners & Help
Re: Bitcoin investment failed
by
Firstfrost
on 29/08/2025, 13:26:13 UTC
I understand the regret that stems from knowing you had something very valuable but traded it for something lesser without knowing the importance of what you had in the first place. But the actions you take moving forward is what determines what the next few years will be for you.

If you have the funds you can start accumulating Bitcoin little by little, that what i think is the best way to overcome that regret because certainly Bitcoin will definitely increase with every cycle.
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Topic
Board Trading Discussion
Topic OP
Risks tied to using a single exchange
by
Firstfrost
on 29/08/2025, 13:15:47 UTC
When Binance futures went down earlier today, it reminded the risk of relying solely on a single exchange. Though I didn’t have a position opened on it at that period because i already placed a trade on Bitget at the time but i know those who were stuck. This just shows why you should have options open as a form of risk management because this can happen to any exchange at any time.  

I still stand on ‘no exchange is perfect’ but having a backup to spread your activities on would definitely save some stress when the unexpected happens which is why OKX is my third one. Just like having a diversified portfolio and having multiple investments basket, having different exchanges is a good decision in my opinion. Do you also use multiple exchanges or you stick to one ?
Post
Topic
Board Altcoin Discussion
Re: Could decentralization in AI make a difference ?
by
Firstfrost
on 26/08/2025, 08:07:40 UTC
There will be some project sometime in the future where it is going to be just a project decentralizing AI power one day, but that's just not the one we are dealing with at the moment and it will be some other time. Which is why it's going to be something that doesn't exist today. If that happens, and there is a brand new huge one eventually, then it will be great for the long term.

However, what we have right now is not that great because the ones that already exist do not have that power or fame or attention. For this to work, something has to do a lot better before we can actually get a good result, and right now we do not have that kind of power on anything at the moment to get that type of attention or result at all.
AI also requires data centers for its research and must be constantly updated. It requires a lot of power to operate. Without power to manage it, AI will not function.

On the other hand, AI also needs to provide benefits to its contributors, just as Bitcoin fairly rewards miners. If such principles can be implemented for the successful development of decentralized AI, then we can safely say it is possible.
Definitely! If AI doesn’t reward contributors then it people might actually lost interest, the recent one i’m aware of is DecentralGPT which rewarded its contributors with its token $DGC which got listed on Bitget. Also, i’m sure these AI projects would have made necessary requirements to function well but the issue which i think might arise is how well the ‘decentralization’ is accepted by people.
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Board Off-topic
Re: My random thought blog
by
Firstfrost
on 24/08/2025, 06:37:14 UTC
Crypto never pause. It's like a no-off time industry. Every moment, every minute feels like a potential missed opportunity if one decide to take a little break. This results to, people steadily grinding. Constant research, daily trading, and updated tweet on a daily basis.

This may not seem like a lot to those looking at it from the outside but underneath that GRIND is a growing fatigue. Mostly not physical, but internally. Particularly those who are in the space not because they understand and took time to learn but because they want quick profits.

Generally, traders might get worn out by the pressure to stay relevant and stay ahead. So, burnout in this space isn’t just as a result overwork but the quiet constant realization that even winning can feel hollow and empty when the game neither ends nor stops.
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Topic
Board Off-topic
Re: What is the last movie you watched?
by
Firstfrost
on 24/08/2025, 06:00:05 UTC
Karate kid remade 2025, it was such a good movie to watch after watching the original over a decade ago.
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Topic
Board Off-topic
Re: Do Airdrops Still Have a Future After the Recent Flops?
by
Firstfrost
on 24/08/2025, 05:54:41 UTC
If I had not seen recent airdrops perform well, I'd have been of the opinion that airdrops are dead but yes, they still have a future because there is still a few out there that rewarded their testers well. Another one in particular is kaito ecosystem, in recent times, I've seen most projects launched on it and did well.