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Board Speculation (Altcoins)
Re: Should I be worried?
by
Synaesthesia
on 04/02/2023, 15:12:36 UTC
Quote from: posi on January 30, 2023, 09:09:56 AM
Quote from: Strongkored on January 27, 2023, 03:20:02 AM
Quote from: SadGoodbye on December 18, 2022, 01:14:10 PM
Once upon a time I used to be into everything that has everything to do with Artificial Intelligence and I was happy that some blockchain projects are into A.I but they never seem to get better adoption, A.I is something g the world wants but it just seem too early, now I've give up on crypto / blockchain A.I projects but now

What about Metaverse? Will this use case faces the same fate? I am worried that we are too haste into the future like we won't be needing this until some several years later, is this something to be worried about?
Many projects in the crypto world that are created based on what is trending in the world are nonsense, they do not provide anything useful for the real world always trying to get a lot of profit by selling coins. Suggestions don't need to be worriying and you don't need to find out which is the best because it will only waste your time when it can be used for other important things

You are right, no crypto projects are used in real life, crypto projects are just spin-offs and they don't provide any real solution. The goal of the projects is still to sell tokens to make a profit. We need to be alert when investing in this market, there is no technology or technique at all, it's all just empty theory. Trends come and go, and that's how the market works. If someone is really interested in technology, we should look to traditional technology companies where projects are invested, researched, and developed. Cryptocurrency is a financial market and a pump and dump market.
Yeah, you're spot on. Crypto can be a wild ride, and there's definitely some caution to be exercised. But if you've got a keen eye for the market and you're willing to do your research, there's also the chance to see some big returns. Just remember, it's always important to stay informed and be aware of the risks involved. And diversifying your portfolio never hurts!
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Topic
Board Trading Discussion
Re: Holding could be better
by
Synaesthesia
on 04/02/2023, 14:02:00 UTC
Quote from: Agbe on Today at 08:46:06 AM
Quote from: irhact on January 07, 2023, 08:28:53 AM
This mostly applied to investing, a trader isn't supposed to hodl unless you're trading for a very long time. Trading naturally should do with you taking advantage of the price difference in the market and that means you can buy and sell your coins as many times as possible even with in the interval of a day. As a trader your major concern should be how you can profit from the market now and not in the future.

Future thinking are for holders and they shouldn't care about the current movement of the market as their strategy should always involved holding for the future. You can be both a trader and an investors as both are profitable when you understand what you're doing and doing it right.

Doing mistake in the process of trading is avoidable if the trader is careful about it. And also I agreed with the statement of irhact, anyone that is trading most not hold because the trader most buy and sell and if the trader must buy and sell then there is no need for him to hold. Trading can not be a long term because it is a daily business. The trader must trade to make profit every day.
It is only investment that can go for a long term because the investor would just dropped the fund there and can waited for a very long period and have his profit from the long investment.
And yeah, I totally agree with irhact. Trading is a daily grind, you gotta be on your toes and ready to make quick decisions. But holding, on the other hand, is a much more relaxed approach to investing. You put your money in and just let it sit there for the long haul, collecting gains along the way. It's a bit more chill and gives you more breathing room.

At the end of the day, both trading and holding have their pros and cons. It's all about finding the strategy that works best for you and sticking to it!
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Board Bitcoin Discussion
Re: It is ok to sell your Bitcoin.
by
Synaesthesia
on 04/02/2023, 13:46:55 UTC
Quote from: crunck on Today at 01:32:49 PM
Quote from: Obari on January 16, 2023, 08:49:12 PM

~ What is your major reason for HODLing and how do your survive the bear market?



The reason I hold is because I want to get the biggest profit possible, and I am not good at trading, I often lose in trades, so I decided holding would be more suitable for me. I left the market when the bear season came and came back later, I could say I missed the opportunity in the past. Now I know how the market works, so I have no reason to leave the market anymore. I will stay with the market till the end.
That's a great strategy! Holding can definitely be a good approach for those who aren't confident in their trading skills or who prefer a more passive investment style. It's understandable that you took a break from the market during the bear season, but it's great that you've returned and have a better understanding of how things work now. By staying in the market, you'll have the opportunity to potentially see your investments grow over time. Just make sure to keep monitoring the market and make informed decisions, and you'll be on your way to potentially reaching your investment goals.
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Topic
Board Speculation (Altcoins)
Re: Eth address crossed $300
by
Synaesthesia
on 31/07/2020, 04:33:34 UTC
Quote from: hulla on July 30, 2020, 09:54:30 PM
Quote from: MonsterV on July 30, 2020, 09:00:58 PM
that would be happend if they could finish ethereum 2.0 by this year because there is very much bunch transaction getting stuck due gas fee wont reduce because of DEX trade and many new DeFi contract are deployed, that's my personal opinion about ethereum if they could hit 1000$ by this year. they need to bring ethereum 2.0 asap to settle the stuck transaction with low fee problem.
The ETH2.0 will help Ethereum to surge in price but that doesnt mean it will be the reason for Ethereum to hit $1000 price range and I'm starting to believe that people will be disappointed with the result of the ETH2.0 because the publicity about it is more than enough.
Nevertheless, if the market continues bullish ETH will receive $1000 without ETH2.0.
The current market is a lot of people interested and I'm sure the price increase of Ethereum will depend on Bitcoin. Everyone is feeling very optimistic about what's going on these days, so I believe this is an opportunity that you shouldn't miss. Of course, I don't invest all my money in Ethereum because this coin will usually have an adjustment after each price increase so there is still a risk if you invest.
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Topic
Board Altcoin Discussion
Re: Could this be the best time to invest?
by
Synaesthesia
on 31/07/2020, 03:46:50 UTC
Quote from: malekbaba on July 30, 2020, 08:57:25 PM
Dont seek investment advice through this post. No one knows the future. There will be 50% chance that you will make good profit or vice versa.
In short term investment, may be this is a good time. Good vibes are there. But volatility is a important feature of crypto. You will hace 50% chance, probability says
If you are optimistic about this market, consider investing, and if you feel uncomfortable, you can patiently wait for the market to correct. The crypto market has been rising very high over the past few months, but I'm sure it will increase even more as the bear market in general has ended a few months ago. There may be a lot of adjustments, but the crypto market will still increase, and you can rest assured when investing.
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Topic
Board Speculation (Altcoins)
Re: When is altcoin season???
by
Synaesthesia
on 31/07/2020, 03:16:37 UTC
Quote from: Dpat on July 29, 2020, 09:36:28 AM
Looking at the Bitcoin price still there is no confirmation from the predictors and the crypto enthusiast the the altcoin seasons is coming or it has the symbol of growing further. This because since after the bull run in 2017 there are many times the the price of Bitcoin and the Ethereum rebound from this level and maybe it has happened 15 times in the last three years. So, wait for the confirmation when the Bitcoin further crosses $20,000.
It is very difficult for Bitcoin price to reach $20,000 again because the market has not really entered the bull phase yet, and there will still be risks during this period. I think it should be more patient because the altcoin season is definitely not going to happen this year, and you need to be more patient. However, during this time you can consider investing in top coins like ETH, LTC, DASH because these are very popular investment options.
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Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
Synaesthesia
on 31/07/2020, 02:43:38 UTC
Quote from: Denongels on July 30, 2020, 11:10:19 PM
I think because of the trend of most coins that are going up there is a possibility that prices will up again, this is like a cycle, especially for altcoin and it is also is difficult to choose a altcoin that is going down but has potential to going up.
The volatility of altcoins is fundamentally unpredictable because it will often depend heavily on news and investment needs during that period. Most of them only care about profit when that coin increases and will sell all altcoins to ensure profit. Of course, there will be people who make huge profits and who lose, so you need to be careful when deciding to invest.
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Topic
Board Altcoin Discussion
Re: Is Ripple XRP a good investment?
by
Synaesthesia
on 31/07/2020, 02:13:29 UTC
Quote from: TheClownSong on Today at 01:21:48 AM
Quote from: CryptoDost on July 29, 2020, 08:41:06 AM
Ripple is a company that uses blockchain technology for global payments, and currently, Ripple's XRP is the world’s third-most-valuable crypto asset and is more volatile than just about everything. Now, the question is, Is Ripple XRP a good investment?

Ripple or XRP is an old coin and has been traded on almost all exchangers. Has a large liquidity and is also actively traded by investors. But I don't have XRP as one of my portfolio because I prefer other coins that are decentralized
I was also not interested in investing in Ripple because the coin is risky, and it is difficult to increase the price during this time. This coin has not had much big news recently, and investors feel very bored holding this coin. In terms of technology, Ripple has a great ecosystem because this technology is being applied a lot in the banking sector. Personally, I have not traded this coin for over a year as it is generally difficult to profit from this coin.
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Topic
Board Altcoin Discussion
Re: Ethereum is 5 years old today!
by
Synaesthesia
on 31/07/2020, 01:52:05 UTC
Quote from: jossiel on July 30, 2020, 10:19:19 PM
Happy 5th year to Ethereum network.

The addresses created for Ethereum are more than bitcoin even in the earliest days because during the days of bitcoin, the interest of people are not that much.

But on the time Ethereum network has launched, people are starting to know about cryptocurrencies and creates wallet for every project that's being launched and luckily, Ethereum is at the top of altcoins up to this date.
Ethereum has a very respectable past and I appreciate the potential of this coin for sure it will be mentioned more in the next few years. I think the price increase of ETH will only be a matter of time because this coin always attracts a lot of investors. The 5th anniversary of the launch of ETH is a very important milestone of this coin and hope Vitalik will soon announce 2.0 news in the next few months.
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Topic
Board Trading Discussion
Re: Finding Altcoins With Potential
by
Synaesthesia
on 30/07/2020, 04:56:30 UTC
Quote from: wozzek23 on July 26, 2020, 04:37:54 PM
Before you decide whether an altcoin has a potential or not you have to consider some things about it, there are things that will help know whether the altcoin has a potential or not. The first thing you should be looking at is the core functionality of that token or coin, what’s the main thing that it is focused on, what solution is it bringing to the table?

Is it bringing something new or something that has already been there?. The one you posted here, I don’t know if it’s advert as some have said or not, but the functionality of this one is really not something that’s unique, there are already so many that has the same functionality, and the question now is whether it will be able to compete with those???
People often overlook this when investing and investors only care about profits so these issues will often not be taken care of. If you are an analytical investor, you will research very carefully before investing and this will certainly reduce you a lot of risks. However, not everyone has a lot of time to study because there are still speculators who only care about profit and will sell soon after.
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Topic
Board Speculation (Altcoins)
Re: Can Bitcoin and Altcoins bullish together
by
Synaesthesia
on 30/07/2020, 04:45:11 UTC
Quote from: Btc_1856 on July 29, 2020, 01:32:26 PM
Quote from: SyndicateLabs on July 29, 2020, 09:28:53 AM
Of course yes, look back on the past days. This entire market has gone up and altcoin has grown along with bitcoin. But it is not always possible, sometimes I see only bitcoin growth and the entire altcoin collapsed. It all depends on the overall situation of the market

Yes, the situation of the market is completely compared to 2017, now the market situation is completely different now companies and people are matured completely different, only active and potential coin with active volume and active developments will help the coin to increase their prices not all the altcoins.

If the price of Bitcoin rises, then this market will enter uptrend and at this time both Bitcoin and Altcoin are rising together, so this will be a good opportunity for you to invest now. People are feeling more optimistic and this reason makes investing easier. I usually just prefer to invest in the top coins in this market because it is more than enough for my long-term profit at crypto.
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Topic
Board Altcoin Discussion
Re: Bitcoin Pump DeFi projects are on fire!
by
Synaesthesia
on 30/07/2020, 04:36:18 UTC
Quote from: Lasky366 on Today at 04:30:38 AM
yeah last few days is pretty positive days for bitcoin & defi project performing really well.Also FOMO working very well behind the scenes. overall it's defi time by the way.That's why I am taking the opportunity to earn some free defi coins & hoping the better outcome
Now that the Defi project is becoming the most prominent investment trend in this market and the crypto market has been getting more and more attention in recent times. I think with what is happening, we can safely invest and should choose potential Defi projects to consider. In addition, you should also invest some coins in the top 5 CMC because all 5 coins will follow Bitcoin price if this coin increases.
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Topic
Board Speculation (Altcoins)
Re: eth going strong
by
Synaesthesia
on 30/07/2020, 04:26:29 UTC
Quote from: Untomabur on July 29, 2020, 04:47:42 PM
Quote from: miningguru on July 29, 2020, 03:55:20 PM
Many people who bought the ETH when it was at 100$ will be very happy due to the current condition of ETH is going very strong in the market, we might see a huge upward trend for the ETH in the coming days due to because Vitalik might release 2.0 version very soon.

I'm sure everything is still HOLD, I'm a little sorry for selling Ethereum at $ 200, how? is it worth buying it now?
The price of $ 3xx is still very cheap compared to the present because the potential of this coin is still great. If you were to sell ETH at $200 then you would surely regret it when the coin increased by more than 50% in a short span of time. I think you can buy at this price because if news 2.0 comes out then the possibility of ETH reaching $500 is very high and it's all just a matter of time.
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Topic
Board Altcoin Discussion
Re: investing does not have to wait long
by
Synaesthesia
on 30/07/2020, 04:17:20 UTC
Quote from: Restmand on Today at 03:47:09 AM
Quote from: Seghokendil on August 10, 2019, 01:27:46 PM
what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.

if you don't do that, you will starve!
That is true how many times I lose money in investing, I bought token at lower price but I did not notice it was pump and then when I try to check my account after few days the price already dumped. I almost want to cry because I bought all remaining capital. So I decided to be active always when inevsting.
In general, avoid coins that have gone up in price because the risk when you choose to invest in those coins is very high. I have never invested in this way because the bull market is a very careful time for me to decide. Of course, there will still be many opportunities for you but the risk will be very high because we can not measure anything in this market and every decision will affect our profits.
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Topic
Board Altcoin Discussion
Re: Why lots of people got scam easily
by
Synaesthesia
on 24/07/2020, 04:00:45 UTC
Quote from: ahyadinnn on Today at 12:29:35 AM
Quote from: BigBos on July 22, 2020, 10:43:57 AM
Well, that's because they want to get rich quickly without thinking about the risks, and the main factor in this is greedy, but lazy to find information about the truth of their investments. because of this, many people are exposed to scams on HYIP or Ponzi sites.
that is one of the scammers trapping investors, by offering huge profits quickly, and of course investors will also be tempted without first researching the project, a lot of projects like that these days and many investors experience losses
I think new investors will often fall victim to these scams. They do not have much knowledge and are good prey to approach so it will certainly be easier to lose money. It is best to enter this market before taking the time to study and listen to the advice of those who go ahead because they will lead you to a better path. I was lucky to have a friend guide me from the start and until now I rarely lose money in this market.
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Topic
Board Altcoin Discussion
Re: Is it worth going for me?
by
Synaesthesia
on 24/07/2020, 03:36:52 UTC
Quote from: killerfrost on July 21, 2020, 12:12:09 PM
Many other projects are a lot better, and if you missed one, I think you should keep looking for other projects. Choose the IEO projects at the big exchanges like Binance, Okex, Huobi, Gate .. Surely those projects will bring you profit.
I agree with you. These IEO projects will be projects that bring huge profits to investors but you definitely need to consider carefully because there will still be risks when you choose to participate. Personally, I only trust IEO at Okex, Huobi, Binance, Gate, Kucoin, Bitmax, Poloniex exchanges because these are the 7 safest exchanges for you and will certainly reduce a lot of unnecessary risks.
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Topic
Board Trading Discussion
Re: Twitter Accounts Hacked & Used to Scam People
by
Synaesthesia
on 24/07/2020, 03:12:44 UTC
Quote from: JoMarrah Iarim Dan on July 23, 2020, 01:27:20 PM
Lately I am seeing different facebook accounts as well as twitter accounts that are hacked. Due to this pandemic, most of our time were spent inside our house or in our room with out gadgets and PC. Hackers have seen a lot of opportunity to hack accounts since everybody is online so they can phish some information etc. It is alarming and does not doing anything good.
A lot of other social networks are under attack and I think this is not the first time that Twitter has been hacked because there have been so many attacks in the past. This may not be harmful to others, but for those involved in the crypto market, this attack makes us feel more nervous. If it still happens, there will certainly be someone losing money and new investors will often be victims.
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Topic
Board Altcoin Discussion
Re: Ethereum remains the king of altcoins
by
Synaesthesia
on 24/07/2020, 03:08:24 UTC
Quote from: Python Master on Today at 02:37:20 AM
Ethereum will act as the king of altcoins in following years. It has been growing steady and stably since March this year. When i see someone compare an altcoin with ETH and claim that it will defeat ETH in near future i just laugh because it's a stupid comparison to shill a coin.
There is no altcoin that can compare to Ethereum because this coin always has a very important position in the market. There used to be a lot of coins like BNB, NEO, EOS compared to Ethereum but in the end there was not any victory for these coins. For me, Ethereum will always be the king of altcoin and any comparisons will be lame.
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Topic
Board Trading Discussion
Re: Binance compared to other Crypto Exchange.
by
Synaesthesia
on 24/07/2020, 02:42:02 UTC
Quote from: chip1994 on July 23, 2020, 01:05:44 PM
Quote from: Timmzzy on July 09, 2020, 09:34:34 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.
Bittrex had a glorious past and during that time exchanges like Bittrex or Poloniex were one of the most successful exchanges and attracted a lot of participants. However, because there were no changes, investors felt very bored when trading here and that was when Binance appeared, making millions of investors feel more excited. In just 3 years, Binance has become the number one exchange in this market and no exchange is comparable.
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Topic
Board Altcoin Discussion
Re: The best time to fill the bag?
by
Synaesthesia
on 24/07/2020, 02:13:20 UTC
Quote from: JCviggen on July 20, 2020, 10:44:16 AM
Quote from: qiwoman2 on July 20, 2020, 06:29:43 AM
There is an agenda to keep Bitcoin at a low price because the whales are filling their bags and using altcoins and DEFI to do it. DEFI and oracles are the rage right now so am filling my bags and riding the DEFI train tog row my capital and using some of my trading gains to invest also long term in coins like ADA and ERD for example. I also like staking coins and BAND AND KAVA are performing very well right now. I see both of these coins in the top 50 marketcap in a few weeks. If BAND ever hits 30 dollars, that's ten bucks a day passive income just form staking it. Grow not only the bag, but the passive income along with it.
Defi really becomes very popular, but there is a big danger in this. maybe now a lot of scammers will begin to appear who will try to earn on the wave of popularity of Defi and scam investors

I also find it a lot risky to choose to invest in these projects because Defi is basically very similar to an ICO and will definitely have a scam project in this market. Before investing, you should consider carefully and should consult from many different sources to make the best decision when investing. I am not in a hurry to invest, but certainly any project I invest must bring profit to me in the short term.