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Showing 20 of 1,139 results by PhucS
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Board Altcoin Discussion
Re: Are you invest in new projects?
by
PhucS
on 20/12/2021, 17:21:38 UTC
Hello everyone, my question is: how often do you invest in new and young projects? Aren't you afraid of losing money if the project closes?

I want to invest in a promising project called Metaplace.finance. Their token sale starts on 21st Dec and I think this is a good opportunity to successfully invest money.

If anyone have any idea about this project kindly share your thoughts. Maybe you have some interesting cases on this matter.

Everyone is afraid of losing money if the project closes. New projects often have high risks, but it can also bring huge returns to investors, we need to take risks. However, do not invest blindly, learn carefully the elements of that project such as development team, roadmap, product. If you judge everything okay and right for you, you can make a decision but remember one thing, there is always a risk in the crypto market.
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Topic
Board Altcoin Discussion
Re: I have been scammed in pancackeswap telegram group
by
PhucS
on 20/12/2021, 17:14:28 UTC
Dear community. Has this also happened to anyone? I was trying to connect my trust wallet to  pancackeswap but it return error every time. Then I went to pancackeswap website and clicked a link to their telegram group and joined. I immediately received a phone call and I explained my problem. I was sent a link to troubleshoot the problem: www.app.walletimports.com and followed the procedure. I didn't know it was stealing my secret  key because I believed that pancackeswap is a reputable company. They stole my 0.055 BNB. Be careful with that telegram group.
Please check the trustworthiness of the links before clicking on or connecting the wallet to unfamiliar websites. When you want to use pancakeswap, you can find the exact link on Coinmarketcap. As for the link you provided above, it's a scam site, there are always crooks ready to steal your money in any way. Be very careful before connecting the wallet and never reveal the private key
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Topic
Board Trading Discussion
Re: Do you have any favorite superstititions when trading crypto
by
PhucS
on 19/12/2021, 17:06:24 UTC
This is a very interesting question. I think there are many people here who believe in superstitions when trading, and I am like them. In my country, most people believe in spirituality in all areas of life. I'm not sure if that will make us win and make a lot of profit when trading, but I think it will give us a psychological comfort to trade in the best way.
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Topic
Board Altcoin Discussion
Re: WHY ARE ETHEREUM GAS FEES RIDICULOUSLY HIGH?
by
PhucS
on 19/12/2021, 16:57:48 UTC
There have been many threads discussing this problem and the best solution to solve gas fee is to use other networks besides ETH such as BSC, POLYGON and SOL. In my opinion, transactions on etherum have gonna be crazy now. I failed 3 times using fast transactions but still failed to spend 150$, what we to do just need to wait for update ETH 2.0 to solve gas fee of network etherum
Many people have switched to using other networks, especially BSC because the transaction costs are quite cheap and the speed is fast. As you said, transactions on Ethereum are really crazy, every time we make a transaction, we need to spend a huge amount of gas fees, especially when swapping on Uniswap. I am also looking forward to the upcoming ETH 2.0 upgrades that can solve this problem
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Topic
Board Trading Discussion
Re: Why newbies lose huge money in trading
by
PhucS
on 19/12/2021, 16:41:11 UTC
It's normal to lose if you want to gain something. There is a saying that says NO PAIN NO GAIN. After learning the principle of trading, you will surely undergo set back i.e you will loose allot of money before you will create your own pattern of trading. Everything in life does not comes easy you have to pay price before you will learn how to manipulate it in your own way.
Yes, I agree with your opinion. For newbies in the crypto market, it is very normal to lose a lot when trading, even though they have a little knowledge and some techniques, it is inevitable. However, they should use the funds to trade in a reasonable way, use the amount to the extent that they can accept loss, it will not affect their finances much.
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Topic
Board Trading Discussion
Re: Would you like to trading with meme coins??
by
PhucS
on 18/12/2021, 15:03:48 UTC
Meme coins are always risky, but they can also bring great profits if we know how to seize the opportunity. I don't like holding meme coins, but if you can, you can trade them. We should use idle capital to trade with meme coin. Be very careful when dealing with meme coins, they can evaporate at any time, Squidgame is a classic example.
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Topic
Board Altcoin Discussion
Re: Unknown Tokens in my wallet? Growing.fi
by
PhucS
on 18/12/2021, 14:41:41 UTC
I'm usually using Yieldwatch to keep track of my yield results, however, its uptime was average the past few days and resorted to Growing.fi. I noticed that my Net Worth was strange looking, showing more than $500,000 worth of coins, which startled me. Upon further investigation, my wallet appears full of some sketchy looking tokens.

Their website prompts you to connect your wallet, but I'd rather not to, how did these appear? Why are in my wallet, and why is Growing.fi showing them and Yieldwatch isn't?



map jpg generator
This could be a scam to steal your wallet's assets. When you make transactions in the blockchain, your wallet address may have been collected by hackers and sent junk tokens in bulk. If you connect your wallet to those sites or swap them on decentralized exchanges, you may lose all your assets. Be very careful in the crypto market, there are many scams
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Topic
Board Trading Discussion
Re: which is a good option?? Trade or Hodl
by
PhucS
on 18/12/2021, 14:24:26 UTC
choosing to trade and then using a holding strategy is a combination that works well. both strategies will provide benefits.
trade to take some profits on market fluctuations with the scalping method, but it would be better if you use a large amount of capital. For holding buy some altcoins at the bottom price and then hold them until the price reaches bullish or hype. For example, holding altcoins such as shiba, doge and altcoins that have potential in the future.
I like your plan, combining these two strategies can be more profitable. However, I think it is more suitable for those with long experience. For those who are new to the crypto market, they will have some difficulty in daily trading because they do not have too much knowledge of analytical methods, they need a long time to research about crypto and related issues
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Topic
Board Trading Discussion
Re: Why exactly is it that people don't like identifying themselves (KYC)?
by
PhucS
on 17/12/2021, 16:27:55 UTC
KYC is the process to identify and verify the identity of customers when participating in opening accounts on exchanges, this ensures against illegal activities such as money laundering. Currently, on major exchanges, KYC is a mandatory condition to be able to trade, withdraw and deposit. However, many people do not like KYC because they are concerned about the issue of personal information being exposed. Information used for KYC such as passports and driver's licenses may be exposed if the exchanges are not well secured.
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Topic
Board Altcoin Discussion
Re: Will BNB become the king of all coins
by
PhucS
on 17/12/2021, 16:20:44 UTC
Since the first cryptocurrency, the king of Coin is Bitcoin while others are just altcoins, another term for coin associations that exist in crypto, BNB is now a centralized altcoin in exchange or delivery with low fees and has a network of binance smart chain(bsc) so BNB it will never happen to be the King of all coins BNB forever remains the position as an altcoin.
I agree with your opinion, in the last 10 years, Bitcoin has always been the number 1 cryptocurrency, it has always dominated the crypto market. BNB has a very good ecosystem and network, their potential for development in the future is great, but to become the king of cryptocurrencies, I think BNB is not yet capable.
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Topic
Board Altcoin Discussion
Re: Your Expectation About Polygon (MATIC) Token for 2022
by
PhucS
on 13/12/2021, 17:12:42 UTC
Matic has a lot of potential for good growth in the future. Its network is also making new strides, more and more projects are built and developed on Matic network. With the advantage of cost and transaction speed, it is expected to rival Ethereum. However, I think it will take a long time for it to really explode. In 2022, I hope it can reach 5-10$
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Topic
Board Altcoin Discussion
Re: Ethereum is not a rival of Bitcoin
by
PhucS
on 13/12/2021, 16:52:24 UTC
Both are very good cryptocurrencies, they are preferred by many people and hold for a long time. ETH is becoming more and more popular and growing. Its blockchain system is so good, it also helps to create online marketplaces and smart contracts. However, I think BTC still has the upper hand, it is always at the top, the value of most other cryptocurrencies is influenced by the value of Bitcoin.
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Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
PhucS
on 12/12/2021, 16:47:30 UTC
right now, i dont invest anything in new projects. why? because i think right now choose the best project is very hard, i mean there are many good new project, but for me i can't find the best choices for me.
my advice if you want to invest in any new projects, you should double research about your project before investing on it
Yes, to choose a good project with strong growth potential is very difficult because no one knows the future. In the crypto market, when investing in projects you need to accept risks, new projects have high risks, but maybe it will bring big profits, so you need to accept that. If you want to find a good project, you need to learn and capture the latest information through reputable crypto communities. This is never easy, it may take you a few months to find a project you trust to invest in.
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Topic
Board Altcoin Discussion
Re: Why projects takes forever to launch?
by
PhucS
on 12/12/2021, 16:33:08 UTC
What could make a project hanging around for many years and still fail to launch their project in the market? I'm actually talking about pi network that I've knew since 2017/2018 but till date they failed to launch and yet I keep seeing their offices active in China and other part of the Asian market, I'm just wondering why they aren't up and running already
I think there are many factors that make projects take a long time to launch, possibly due to insufficient funding, not attracting investors. However, if after many years the project still hasn't launched, you need to re-evaluate the project seriously, it may be a scam project. For the PI project, there are many people who have joined with the hope that it will become the 2nd Bitcoin, however I see that it does not have too much superiority and the potential for future development is quite small, please careful.
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Topic
Board Altcoin Discussion
Re: Where do you trade your crypto
by
PhucS
on 11/12/2021, 17:07:36 UTC
Binance, Kucoin and Gate are my top picks. Coins/tokens with strong growth potential are listed on these exchanges. Besides, their safety level is also quite good and there are many attractive programs. As for the decentralized exchange, I like PancakeSwap, it's quite easy to use, a lot of projects running on the BSC network choose it as the first place to list tokens. However, there are many scam projects, so it is necessary to verify the correct contract token when trading on PancakeSwap.
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Topic
Board Bitcoin Discussion
Re: Bitcoin - Is HODL the only strategy?
by
PhucS
on 11/12/2021, 16:59:07 UTC
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
I think that hoarding and holding Bitcoin for a long time is the best way to get high returns. Its value may drop in a few months, but the goal is long-term, its growth potential is still very good. You want to get a little more profit from Bitcoin, you can trade daily. However, this way is very risky, you need to have knowledge of technical analysis and market assessment or you will lose money.
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Topic
Board Altcoin Discussion
Re: Play2earn games
by
PhucS
on 11/12/2021, 16:48:08 UTC
How good will Play2earn games be that someone can rely on them for daily weekly or monthly income? Axie infinity was a blast but now it's no more a easier option for people that are struggling because the requirements to play the game is highly costly, are there free to play crypto games available?
Investing in play2earn projects, you need to choose and research carefully. Currently, there are many blockchain game projects that can help players earn money, but not all projects are good and earn high profits. To get high profits, you should research and participate early in potential projects. Joining early saves you capital and can get profits faster. There are a few projects that can be played for free and still earn money, however they have strict requirements, the amount of money is very little.
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Topic
Board Trading Discussion
Re: What do you think about staking?
by
PhucS
on 11/12/2021, 16:37:16 UTC
In my opinion, I think staking is a very good way to earn passively. Users do not need to spend too much time and effort but can still earn more money, the only thing to do is stake the number of coins/token they want and choose the desired time. However, it is necessary to carefully study and select projects that are good and have potential for future development in order to achieve high profits.