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Running a Bitcoin node boosts privacy, security, and decentralization. I read in one of the articles, that there are platforms, like Waterfall Network which help you with this by offering scalable infrastructure and even step-by-step tutorials how to run the nodes, making it easier to maintain them.
Profit in crypto trading comes from buying low and selling high, using strategies like day trading, swing trading, or scalping to take advantage of market fluctuations.
Staking can complement trading by providing passive income. For example, staking in networks like Waterfall Network allows you to earn rewards while holding assets. This boosts your overall profit potential, especially for long-term holders who want steady returns while waiting for favorable market conditions.
Staking can complement trading by providing passive income. For example, staking in networks like Waterfall Network allows you to earn rewards while holding assets. This boosts your overall profit potential, especially for long-term holders who want steady returns while waiting for favorable market conditions.
Re: High-APR Staking Opportunities – Any New Projects Worth Checking Out?
The most reliable option is to stake stablecoins but if you are more risky person, you can try staking Altcoins. For example, I stake with Waterfall Network which provides 125% APR.
Altcoins Profits:
Potential for High Returns: Altcoins have the potential for significant price appreciation over a short period. Some investors have made substantial profits by investing in cryptocurrencies like Bitcoin, Ethereum, and others.
Diversification: Investing in altcoins can provide diversification for your investment portfolio, as they are not directly correlated with traditional financial markets like stocks or bonds.
24/7 Market: Cryptocurrency markets operate 24/7, allowing for trading at any time, providing liquidity and flexibility.
Risks of Altcoins:
Volatility: Cryptocurrencies are highly volatile, and their prices can fluctuate dramatically. This volatility can lead to substantial gains but also significant losses.
Regulatory Uncertainty: The regulatory environment for cryptocurrencies is still evolving, and changes in regulations can impact the market and your investments.
Lack of Consumer Protections: Cryptocurrency investments are not insured by government agencies like the FDIC, which means you're at risk of losing your entire investment.
Bank Profits:
Safety: Traditional banking products like savings accounts and CDs are generally considered safe and low-risk investments. Your deposits are often insured up to a certain limit by government agencies like the FDIC in the United States.
Steady Returns: While the returns on savings accounts and CDs are typically lower than what you might get with altcoins, they provide a predictable and steady source of income.
Liquidity: Money in a bank account is readily accessible and can be withdrawn without restrictions, making it suitable for emergency funds and short-term financial goals.
Drawbacks of Bank Profits:
Low Returns: Traditional bank products usually offer lower returns compared to the potential gains from cryptocurrencies.
Inflation Risk: The interest rates on savings accounts and CDs may not always keep up with inflation, potentially eroding your purchasing power over time.
Limited Growth Potential: If your primary goal is significant wealth accumulation, traditional banking products may not offer the growth potential you seek.
In conclusion, the choice between altcoins and traditional banking products depends on your financial objectives, risk tolerance, and time horizon. Many investors choose to have a diversified portfolio that includes both safe, low-risk assets like savings accounts and higher-risk, higher-reward assets like cryptocurrencies. Diversification can help balance the potential for profit with the need for stability and safety in your overall investment strategy. It's crucial to do thorough research and consult with a financial advisor if you're unsure about the best approach for your specific situation.
Potential for High Returns: Altcoins have the potential for significant price appreciation over a short period. Some investors have made substantial profits by investing in cryptocurrencies like Bitcoin, Ethereum, and others.
Diversification: Investing in altcoins can provide diversification for your investment portfolio, as they are not directly correlated with traditional financial markets like stocks or bonds.
24/7 Market: Cryptocurrency markets operate 24/7, allowing for trading at any time, providing liquidity and flexibility.
Risks of Altcoins:
Volatility: Cryptocurrencies are highly volatile, and their prices can fluctuate dramatically. This volatility can lead to substantial gains but also significant losses.
Regulatory Uncertainty: The regulatory environment for cryptocurrencies is still evolving, and changes in regulations can impact the market and your investments.
Lack of Consumer Protections: Cryptocurrency investments are not insured by government agencies like the FDIC, which means you're at risk of losing your entire investment.
Bank Profits:
Safety: Traditional banking products like savings accounts and CDs are generally considered safe and low-risk investments. Your deposits are often insured up to a certain limit by government agencies like the FDIC in the United States.
Steady Returns: While the returns on savings accounts and CDs are typically lower than what you might get with altcoins, they provide a predictable and steady source of income.
Liquidity: Money in a bank account is readily accessible and can be withdrawn without restrictions, making it suitable for emergency funds and short-term financial goals.
Drawbacks of Bank Profits:
Low Returns: Traditional bank products usually offer lower returns compared to the potential gains from cryptocurrencies.
Inflation Risk: The interest rates on savings accounts and CDs may not always keep up with inflation, potentially eroding your purchasing power over time.
Limited Growth Potential: If your primary goal is significant wealth accumulation, traditional banking products may not offer the growth potential you seek.
In conclusion, the choice between altcoins and traditional banking products depends on your financial objectives, risk tolerance, and time horizon. Many investors choose to have a diversified portfolio that includes both safe, low-risk assets like savings accounts and higher-risk, higher-reward assets like cryptocurrencies. Diversification can help balance the potential for profit with the need for stability and safety in your overall investment strategy. It's crucial to do thorough research and consult with a financial advisor if you're unsure about the best approach for your specific situation.
Unarguably, QizonCoin is one such crypto coin that is recently being introduced in the crypto space with the unique concept of eco-friendly transportation.
Its staking and referral programs offer various opportunities for investors to make passive income, hence, making it an enticing prospect. Furthermore, its unwavering focus on security promotes trust in asset protection.
So, regardless of the fact whether you are a trader enthusiast or a newbie in the crypto industry, Qizon Coin acts as an enticing platform that is aimed toward exceptional growth.
Its unique concept to offer sustainability promotes environmental preservation. So, what are you looking for? Consider investing in Qizon Coin to promote a sustainable future while participating in making this earth a greener planet.
Follow us: Telegram | Twitter
Where can I see roadmap and whitepaper, is there a website?Its staking and referral programs offer various opportunities for investors to make passive income, hence, making it an enticing prospect. Furthermore, its unwavering focus on security promotes trust in asset protection.
So, regardless of the fact whether you are a trader enthusiast or a newbie in the crypto industry, Qizon Coin acts as an enticing platform that is aimed toward exceptional growth.
Its unique concept to offer sustainability promotes environmental preservation. So, what are you looking for? Consider investing in Qizon Coin to promote a sustainable future while participating in making this earth a greener planet.
Follow us: Telegram | Twitter
So i've been a trader since early 2017 and i have never seen such low volatility in market. Even at the time of 2018 bear run the things were quite slow but this time its totally different. It makes a move and consolidates for like a month or two now. Which was never the case in past.
Its possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.
What do you guys think ?? Is it just me or some of you others feel the same??
And if it is like that then what do you all think when the wild ride start again like old days ??
Usual thing. It'll start growing in the autumn-winter. So, stay calm and holdIts possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.
What do you guys think ?? Is it just me or some of you others feel the same??
And if it is like that then what do you all think when the wild ride start again like old days ??
Re: The lottery revisited in web3, and on our beloved Bitcoin
Hello everyone!
A few months ago, I asked myself a question: Why isn't the lottery a decentralized concept yet ?
Instead of opaque machines drawing "random" numbers, all we would need is to use the price of Bitcoin, inherently unpredictable by nature.
Our lottery tickets would then resemble randomly generated BTC prediction charts. That's a fact.
The drawing of the winning numbers would then take place at a pace of one number per day, over the course of an entire month, for example, perhaps ?
And what if... we could turn these tickets into NFTs using the new ordinal technology... We would even have the possibility to exchange our predictions during the game!
This concept. It is already in motion, and it's called: Purple-eyes.
Take part in an exciting competition to win the jackpot of the month.
Join us on our website purple-eyes.com in testnet, check out our documentation on GitBook, Discord channel, Twitter. Get in on the action !
Admin contact : gbisiaux.pro@gmail.com
Well, actually there's a similar product already. Please, check https://structure.finance/dnt/A few months ago, I asked myself a question: Why isn't the lottery a decentralized concept yet ?
Instead of opaque machines drawing "random" numbers, all we would need is to use the price of Bitcoin, inherently unpredictable by nature.
Our lottery tickets would then resemble randomly generated BTC prediction charts. That's a fact.
The drawing of the winning numbers would then take place at a pace of one number per day, over the course of an entire month, for example, perhaps ?
And what if... we could turn these tickets into NFTs using the new ordinal technology... We would even have the possibility to exchange our predictions during the game!
This concept. It is already in motion, and it's called: Purple-eyes.
Take part in an exciting competition to win the jackpot of the month.
Join us on our website purple-eyes.com in testnet, check out our documentation on GitBook, Discord channel, Twitter. Get in on the action !
Admin contact : gbisiaux.pro@gmail.com
Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion?
Well, I buy altcoins only for short-terms. Purchase when its bear market, sell when it's bull market. I think it's the best formulaMy opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion?
Hey guys! I used to mine ETH but since they switched to PoS, all the mining became unprofitable. I see you can earn as validator but who the hell can invest 32 ETH. I'd love to here your thoughts about what is more profitable now: becoming a validator or continue mining?
Node validator is the most complicated one but having bigger rewards because it needs you to have VPS, stable internet connection and technical knowledge in running the node. Depending on the coin that you want to run a node, there are some minimum amounts that you need in order to run a node.
Like Ethereum, it requires a minimum of 32 ETH to be a node validator. As for the rest, not that much.
Recently, I saw this product, it provides an opportunity to earn passive income for traders. Take a look, maybe you will find it useful https://structure.finance/dnt/
I tried a couple of times, spending $1-2 and it worked out for me. Pretty entertaining thing
Looks pretty safe but the interface is weird, it's beta versionI tried a couple of times, spending $1-2 and it worked out for me. Pretty entertaining thing
No, in 2023 crypto mining in not profitable. and I wouldn't advice anyone to mine cryptocurrency in 2023, small time miners are already selling off their equipment. This is due to the fact that there is a decrease in profit that miners are getting because of the bitcoin halving expected next year.
Mining hardware is now expensive compared to before and unless you backed by an organization or have a lot of money... for small time miners, they do no not have such capital to procure the hardware needed.
Lastly, the rise in other always to acquire bitcoin as well as other cryptocurrencies is negatively affecting mining. Most people are acquiring bitcoin through staking and trading etc.
totally agree with you! After eth ended mining, the mining ended for good Mining hardware is now expensive compared to before and unless you backed by an organization or have a lot of money... for small time miners, they do no not have such capital to procure the hardware needed.
Lastly, the rise in other always to acquire bitcoin as well as other cryptocurrencies is negatively affecting mining. Most people are acquiring bitcoin through staking and trading etc.
ram and cpu prices decreased x2
My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision. This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
Now
*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
Now
*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
In my experience alt coins are the best for short-time benefit, don't hold to for a long time, they will lose its value. However, bitcoin is the only coin you should hold. Don't wait you will earn on that tomorrow but you will in the future
one could always backup their NFT locally, i don't see any reason why they don't if the NFT worth some money but I generally always consider NFT not as investing, it doesn't even have that much liquidity for investing.
Totally agree! I Always saw NFT as a way to artists prove the ownership, nothing more. Cannot understand the hype aroundRe: For newbies and plebs who want to self-study to become "traders"
My advice - BE CAREFUL
Investment and trading books, articles and videos are made by people who might not actually be winning traders. They make their money by writing "investment materials" and sell it to us, the plebs.
Plus "as traders", most of you will lose money and leave. Some of you might return and lose more money. Some might have learned their lesson the hard way and just HODL Bitcoin. The few who actually put in the most time, effort and who are well-capitalized might make it.
Ah, I wish I saw this earlier. I used to watch "traders" on YouTube and literally waste all the money I invested. The only thing that helped me was my experience that I gained with time and ability to analyse the market.Investment and trading books, articles and videos are made by people who might not actually be winning traders. They make their money by writing "investment materials" and sell it to us, the plebs.
Plus "as traders", most of you will lose money and leave. Some of you might return and lose more money. Some might have learned their lesson the hard way and just HODL Bitcoin. The few who actually put in the most time, effort and who are well-capitalized might make it.
From what I can tell, it would be better for the newbies to mine their own Bitcoin. Just a small amount which is barely enough to try out a couple of transactions. For practice. Not only would they understand where Bitcoin comes from, but they would understand the advantages of Bitcoin over Fiat much more clearly, after having an in-depth introduction with practical decentralization.
Then there are testnets online, with which you can practice trading on an exchange. Deribit testnet being one of my favorites, although I have not used it for years now.
Bitcoin mining is hard; I mean very difficult. It would be an understatement to say that most people are familiar with the equipment used to build mining rigs.Then there are testnets online, with which you can practice trading on an exchange. Deribit testnet being one of my favorites, although I have not used it for years now.
Even if it's meant as a learning experience, the plan to mine for practice might be like building a car from scratch to get behind the wheel. Nonetheless, who am I to make a decision?
Put another way, "Don't just drive; build the car, the road, and the traffic lights too!" Despite the fact that it defies logic, I admire your faith in Bitcoin, and I admit that I am a little bit envious of your apparent familiarity with the crypto world. Right now, Bitcoin is your only choice.
I have read some interesting stories of few members on this forum that did all they could to buy their first set of BTC years ago and also how they made it through the journey, but one thing that I found missing from those stories is a secured job..
Newbies or Beginners, who are aiming to start buying Bitcoin for future sakes, I want you to take this advice very seriously, do not start your Bitcoin investment living under a roof that still feeds you, it could work but it will make things to be more difficult for you.
When you don't have anything else to fall back on, after asking your brothers or sisters in the family to give you some money for investment, what will you do when you get the Bitcoin? You need to live, you will have desires to buy things, and you will panic if the market move downside even more..
All this will happen because you have no job secured, as a beginner, before investing in Bitcoin, make sure you have a job or source of income, it will make the journey of accumulation to be easier and less bothered about the market behavior.
Pocket money, or the money that someone gives you will only bring you unrest mind if you plan to invest with such money, it's the type of money you are not ready to lose, because it's all you have, because you have no other money coming from else where.
You don't need Bitcoin first, What you need is a JOB, work on that first.
Totally agree with you! I don't understand people who invest money in crypto, not having any savings or regular income. Like why?Newbies or Beginners, who are aiming to start buying Bitcoin for future sakes, I want you to take this advice very seriously, do not start your Bitcoin investment living under a roof that still feeds you, it could work but it will make things to be more difficult for you.
When you don't have anything else to fall back on, after asking your brothers or sisters in the family to give you some money for investment, what will you do when you get the Bitcoin? You need to live, you will have desires to buy things, and you will panic if the market move downside even more..
All this will happen because you have no job secured, as a beginner, before investing in Bitcoin, make sure you have a job or source of income, it will make the journey of accumulation to be easier and less bothered about the market behavior.
Pocket money, or the money that someone gives you will only bring you unrest mind if you plan to invest with such money, it's the type of money you are not ready to lose, because it's all you have, because you have no other money coming from else where.
You don't need Bitcoin first, What you need is a JOB, work on that first.
Bitcoin or any other crypto won't make miracle. The slightest mistake - like losing a password will lead you to losing the cryptos. Don't be so naive!It's not 2008 anymore