Search content
Sort by

Showing 20 of 223 results by Koutami
Post
Topic
Board Altcoin Discussion
Re: How you choose projects for investment
by
Koutami
on 21/10/2021, 23:59:01 UTC
The easy thing I can do to see the project is read the whitepaper, then focus on their roadmap, if the roadmap is in accordance with current facts then I'm sure this is a real and promising project, and several times I've proven it and get big profits with simple analysis the.
You can't determine road map efficiency if you're looking at it for the first time and as well as the project has just been out at the beginning.

But look at the whitepaper, you'll get to have an idea if they're going to have a good project. Because it's going to be your first basis to tell if a project is good or not upon looking at it for the first time.

Roadmap usually taken from whitepaper itself. If you have more time to research, whitepaper is a document that important to read, its give us a clue about the vision of projects and the way to reach it.
Post
Topic
Board Altcoin Discussion
Re: advantages in the cryptocurrency industry
by
Koutami
on 21/10/2021, 23:57:08 UTC
There are 3 options to profit in the cryptocurrency industry. according to my version like this:
 - Trading: It is called a way to get more money by trading cryptos, either by transferring between them or by providing exchange services.
 - Investment: There are many cryptocurrencies with a good future, but I only recommend Bitcoin and Ethereum.
 - Gambling: sometimes beneficial and sometimes detrimental. I don't recommend it at all (risk high)
Don't invest yet until you're able to understand the whole concept of cryptocurrencies and how volatile this market is.
There is a process before you can do that, however, you can start by buying bitcoin with around the smallest amount that you can test to see how it feels like owning it but you won't feel the fluctuations since it's just a small amount.

Theres another way to earn at this time, Playing game! Collecting coins from any gaming platform are fun though.
Post
Topic
Board Altcoin Discussion
Re: do you believe in market analysis published by crypto news websites?
by
Koutami
on 21/10/2021, 23:52:12 UTC
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

Any shilling article would better not to read, its affecting our psychology to have any investment, i preferred to choose analysis on tradingview and some telegram/ discord group discussion.
Post
Topic
Board Altcoin Discussion
Re: Metamask - Wallet or Account?
by
Koutami
on 21/10/2021, 23:35:47 UTC
Metamask is a place to store assets that we have, and can be used to store more than one asset. but to make swap transactions to get a drop, usually it can only be used once. and if you want to get another drop, then you have to use another wallet..

We are not store anything on metamask, we just unlock our wallet by providing the key, so we can interact with our assets on the blockchain. All our assets are on blockchain, not in metamask or another wallet interface.

This is true technically speaking. But his statement is not wrong either because you will need to input your recovery seed on metamask which means you are entrusting all your funds store on that wallet address to them. So basically you are storing your funds on there wallet app since you give them your keys.

Is the apps really store our key? Isnt it just on our side, i mean they didnt save it on their server, it just a local saved. So, we dont store anything on wallet practically.
Post
Topic
Board Altcoin Discussion
Re: Should you sell ethereum and btc to buy Solana/SOL?
by
Koutami
on 20/10/2021, 23:58:48 UTC
I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

Solana is a good project, but if you need to cut your positions against ETH or BTC, i dont think it would became better position in the future. Buying something based on FOMO is usually not a good trade.
Post
Topic
Board Altcoin Discussion
Re: Metamask - Wallet or Account?
by
Koutami
on 20/10/2021, 23:57:12 UTC
Metamask is a place to store assets that we have, and can be used to store more than one asset. but to make swap transactions to get a drop, usually it can only be used once. and if you want to get another drop, then you have to use another wallet..

We are not store anything on metamask, we just unlock our wallet by providing the key, so we can interact with our assets on the blockchain. All our assets are on blockchain, not in metamask or another wallet interface.
Post
Topic
Board Altcoin Discussion
Re: How you choose projects for investment
by
Koutami
on 20/10/2021, 23:52:48 UTC
The easy thing I can do to see the project is read the whitepaper, then focus on their roadmap, if the roadmap is in accordance with current facts then I'm sure this is a real and promising project, and several times I've proven it and get big profits with simple analysis the.

Thats a basic but always a great indicator to filter between good project and a bad one, even the value isnt rise as fast as another. At least we can put trust on its project would rise in the future.
Post
Topic
Board Altcoin Discussion
Re: Ethereum and additional gas fees
by
Koutami
on 20/10/2021, 23:40:35 UTC
Currently, higher gas fees are causing a lot of problems for the Etherium platform. At one time the Etherium platform was very popular. But now the transaction fee has increased a lot Has now chosen the other platform.So there is still time to reduce the transaction fee of Ethereum platform.

That's why blockchains like DOT, Solana and partly BSC are growing. But at the same time Layer-2 solutions can help in scaling the network and as a consequence reduce the price of gas. In any case, do not underestimate the prospects of the great Ethereum!

True, the great of crypto is there's always a good competition betweens platforms, it makes users and developers have so many option to choose. Ethereum itself is on the track to became a better blockchain.
Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Metamask - Wallet or Account?
by
Koutami
on 19/10/2021, 23:47:15 UTC
⭐ Merited by o48o (1)
Basically Metamask isnt a wallet, its just a tool for you can interact with your "wallet" and blockchain. Its can fill up with many "wallet" which mentioned as "account" there. If all your 5 account/ wallet is eligible to receive the airdrop, all of them would receive it later.
Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
Koutami
on 19/10/2021, 23:40:23 UTC
experienced users understand that meme coins are too risky for investments but many newbies want to earn fast and easy money that's why they put their money in such coins as SHIB, DOGE and others.

But many experienced users also used meme coins as scalping tools to earning some profit from it. The difference is many newbie just all in into meme coins instead of divide the funds to the real projects first.

I'm sure those who bought the meme coins are not stupid to hold the coin buy they are just buy it for random speculation and hoping the pump is not over yet when they enter the game.
The stupid one is the one who "invest" on it, the one who trust the coin will growing a lot in the future and still holding them in a profit position.
But people who lost because of speculation, just take it as a lose while doing gamling

Its a bit true, that kind of investment is weird and unacceptable if u share it story with another investor. You would end up like a fools if doing "investment" on such meme coins.
Post
Topic
Board Altcoin Discussion
Re: Ethereum and additional gas fees
by
Koutami
on 13/10/2021, 23:59:04 UTC
I have a lot of tokens stuck in my personal wallet for this high gas price of Ethereum. In between, there are many tokens that will not be equal to the gas price if they are sold. But in the midst of this frustration, I'm hopeful that after Ethereum 2.0 is introduced, all problems will be eliminated.
Same here, I still have a few tokens with such low value but not entirely worthless, just very costly for swap. So if Ethereum 2.0 is able to allow us to sort out low value tokens, this means every coin will count and contribute to a more stabilize price and market, not sitting dust beccause of high fee.

Its happen to many of us, low value coin become no value if its compared to high gas cost that need to be paid for selling it at this time. Its have no point to sold them recently, we need to wait more until ETH 2.0 comes.
Post
Topic
Board Altcoin Discussion
Re: If the internet is down in the future
by
Koutami
on 13/10/2021, 23:56:17 UTC
If the internet down in the future, i doubt we can continue to do not only transaction over Blockchain, but mostly the transactional purposed. Visa and Mastercard also rely on internet as their infrastructure. If its down, it would be fixed in the short time, researching to do transaction with another infrastructure probably not worth it to do, internet is best that we have at this time.`
Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
Koutami
on 13/10/2021, 23:43:11 UTC
i actually many people don't know about some prospect of the coin before jumping into investment, probably they follows trending and news to make investment. if they truly know about the project they won't invest. during dump some meme's hardly survive the dip and will be very hard to recover.

Agree, its always the problem of early investor recently, they only follow trendings and news without researching the product itself. They probably judge entire crypto for their failure too.
Post
Topic
Board Altcoin Discussion
Re: Facebook Diem thoughts
by
Koutami
on 12/10/2021, 23:43:50 UTC
What do you think about it? Does it have future? What are potential usages of Facebook's blockchain?

Using as Facebook and Instagram ads payment processor, Whatsapp pay, tracking and collecting users behaviour, Proofing Identity, and many more.
I believe its would enable many possibilities IF Facebook really behind Diem project and fully backing up it.
Post
Topic
Board Altcoin Discussion
Re: what are some of the new projects we should keep eyes on it?
by
Koutami
on 12/10/2021, 23:30:42 UTC
Now NFT are actively used in games, they are available for all the players. They make games more attractive and fun allowing people to earn money by playing.
NFT was built intentionally for Games and content so that game and content lovers will always be happy when they use NFT while playing and when they have created the content, so it is more for its general use and nothing else.

Not only games, i seen many NFT are for collection hobby, like people in the real life collecting stamp collection based on its rarity. But in the end, that collectting hobby would turn into profit if its sold on higher price.
But games is more practical to use and have earn mechanism, it's also more hyped since many influencer post their earning that motivate another to earn with NFT too.
Post
Topic
Board Altcoin Discussion
Re: Beginning of massive breakout?
by
Koutami
on 12/10/2021, 23:08:53 UTC
Many alts now falling down since investor shifting their alt to bitcoin to ride the rally, the dominance of Bitcoin at this moment is on uptrend. If its btc.d continue to rise, alts would bleed more.
Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
Koutami
on 07/10/2021, 23:59:41 UTC
tes
Post
Topic
Board Altcoin Discussion
Re: Are privacy coins destined to failure?
by
Koutami
on 07/10/2021, 23:58:21 UTC
You know, when people want to hide their money trace, don't want to publicize every wealth they've then the need for privacy cryptos will be there. You can disagree or agree in their doing but I just simply point out the fact as the desire for privacy is in the human nature. So privacy cryptos ain't destined to be a failure.

Agree, but if its faced to the law or government, the price would be drop and drop since many investor dump it coins to avoiding the ban from the goverment.
Post
Topic
Board Altcoin Discussion
Re: How to store 1 Million $ to Stable coin
by
Koutami
on 07/10/2021, 23:37:57 UTC
If I had that kind of money in crypto I would stake it. Like cardano stacking is good option. 5% yearly is good money when you have 1mil.

Its not as simple as that, with 1million$, a 10% drop of its coin is enough to make a headache. Moreover with the locked staking model, u're disabled to withdraw your asset anytime.
Post
Topic
Board Altcoin Discussion
Re: what are some of the new projects we should keep eyes on it?
by
Koutami
on 07/10/2021, 23:35:22 UTC
I think some projects that have an ecosystem like solana are projects must be looked at because the price is not affected by bitcoin and etherum that is what makes this project very promising.

Project that have an dApps ecosystem is a great investment since its would attract many investor and developers to come. But i disagree if the price isnt affected by Bitcoin or Ethereum, sometimes its true but most of the time that coins always affected another since both of that coins have most of the marketcap on crypto at this time.