A long time to go back moneypot, username : Itsmylife
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(Unknown Title)
by
Itsmylife
on 13/08/2020, 04:05:29 UTC
Trx is my choice now because Tron has a wide ecosystem, many applications, and the most important reason is Justin, a cunning guy, so he will always have many ways to enhance the value of Tron in cryptocurrency world.
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BoardAltcoin Discussion
Re: Which coin do you trust, BNB or ETH?
by
Itsmylife
on 13/08/2020, 03:46:49 UTC
The value of BNB is controlled by Binance and it is only used on Binance, ETH is widely used in the crypto world so in my opinion, I would trust ETH more than BNB in terms of safety, and with short term benefit I will choose BNB.
Edit: i dont know if these bots are from Binance themselves orjust sh*tty 3rd. Party bots. Btw. So far im only studying their short-mid term strategy.
Binance doesn't make any trading bots so pretty much every trading bot you see is a 3rd party bot. As for their trading algorithms they are kept secret for the most part but they place trades often (I think?) so maybe they are using some variant of high frequency trading (https://en.wikipedia.org/wiki/High-frequency_trading).
How you know that Binance or other exchange sites don't use any trading bots? How about the fake trading volume every day on their sites? Have you ever seen completed orders that are less than the limit set on an exchange?
I really like Dogecoin, because in my opinion it is very easy to use for transactions, in every market available, fast transactions, widely used for fiat, very small fees, very pleasant for long-term trading,
DOGE is a coin was created for fun so I think if any one invests in Doge coin, their money will be buried for a long time, if counted in the long-term, this could be a loss. But it is very suitable in online shopping.
I am much confidant and believe that usdt is more trustable than binance usd. Hopefully, binance usd is a good coin, but you should invest on usdt. I always see the price of usdt is almost 1usd.
USDT is a stable currency so its price fluctuates very little and this only happens when the price of bitcoin is pumped or dumped heavily. Investing in USDT does not bring about profits for investors.
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BoardAltcoin Discussion
Re: BCNEX - "SCAM" Withdrawals are no longer available.
And now they are keep doing maintenance on their website. Honestly i don't know if the maintenance is real or not and we can't do much. If many cryptocurrency exchanges like that, i think we should do something as a community to pursue the scam exchange.
I have an advice for you: if a cryptocurrency project is created and developed by the Vietnamese (BCNEX is an example), it will turn to a scam because the Vietnamese government does not recognize cryptocurrencies. so the scammer will not be overpowered by local law.
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BoardAltcoin Discussion
Re: I'm dumping my coins because..
by
Itsmylife
on 07/08/2020, 06:49:45 UTC
I only dumped my coin if I feel that the project has no future, their developer team hasn't updated anything for a long time, doesn't have many active members in their social channel.
The narrative that bitcoin will replace gold as a safe haven asset one day has attracted various responses from many parties, especially in the cryptocurrency circle (cryptocurrency). But many people say: Bitcoin is not a substitute for gold for the following reasons: 1. Bitcoin is a risky asset. 2. People know gold for more than 3000 years, while Bitcoin is only 11 years old. 3. Gold prices are stable while Bitcoin is Volatile. So I think Bitcoin can be a safe haven or replace gold if Bitcoin mining is complete, and spread Bitcoin evenly throughout the world, so that the price of Bitcoin will be more stable.
And I think a important reason is Gold is created by natural so the amount is limited but Bitcoin is created by human so no one know if in the future have anyone can break the security of bitcoin's blockchain to create more bitcoin or not .
In my opinion, bounty and airdrop hunters didn't kill the project. They just want their rewards after doing task. If you think kill project is the fall of price after list exchange, there is not bounty/airdrop hunters fault. Because most of crypto project is like that.
Bounty hunters are only join in domino effect when the price of token is being dumped and this thing is one of purposes of whale to acquire more tokens. And of course, dump or pump is the game of whales.
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BoardAltcoin Discussion
Re: Which is better ICO, STO Or IEO ?
by
Itsmylife
on 06/08/2020, 09:21:02 UTC
The IEO is now a whale game, the rules for participating IEO projects of any exchange sites is built so the rich can buy as much as possible. Anyway, I think IEOs are good for stopping scammers.
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BoardTrading Discussion
Re: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots
by
Itsmylife
on 05/08/2020, 03:21:46 UTC
If AI bots can make profit, no one want to share it to the others. You must to ask yourmind what is their purpose when they share the trading bots? With me, the answer is they want to make profit without risk so the easily way to do this is use money of the other( get commission if the trade is profitable and lose nothing if the trade is losses).
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BoardAltcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
Many people who buy when prices go up, because they do not want to miss the positive trend of the market and their strategy to do short therm. It may be that, when prices are low, they do not want to take decisions for fear of loss, so when prices start to rise they then buy it. What we need is to find out where we are before something happens. If you miss it, let it go and wait for the next train
I have a good method for this situation. If you miss a train, please wait for a flash dumping (some people want to sell their investments to make a profit) because the dumping is not what the whale think so the price will keep rising.
The best time to buy coins is over, buying coins now will or can put you in trouble, we can say that Bitcoin will keep surging and bears may take over the market, that will bring a huge loss, investors should know when to jump right in and buy to hold
After the flash dump from 12k to 10k5 today, my advice to you guys is don't buy anything else except bitcoin. Now is the showtime of bitcoin and the others will be dumped anytime.
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BoardAltcoin Discussion
Re: what's your favourite coin and token ?
by
Itsmylife
on 02/08/2020, 09:49:38 UTC
My favourite coin/token is ada and tron. Ada is not be pummed after hardfork and Tron has a very wide ecosystem so I think both of them will bring the profit for holders.
Using bitcoin for shopping is not a good idea at the current bitcoin price because the transaction fee will be very high when compared to the value of the items. Use coins/tokens have small value, fast confirmed transaction as XLM, DOGE ... would be more appropriate.
What would happen anyway if the identity was stolen and used for illegal things? First of all, you would certainly get a new identity card. But would the data of the stolen ID card be stored somewhere centrally, so that fraudsters could no longer open a bank account, for example?
ID card is just a part of authentication process, so it does not effect to your life if you lost it( just take a little time to make a new one). But in crypto world, they can use Id cards to create a lot of accounts to get airdrop or refs to get reward.
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BoardAltcoin Discussion
Re: if you want to invest in crypto...
by
Itsmylife
on 30/07/2020, 10:33:04 UTC
Check out the quality of their social media channels, a promising project will be supported by a strong, active community. Do not trust too much on Crypto score ratings because this kind of scores can be bought for money.