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Showing 20 of 821 results by UniversityCoin
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Board Altcoin Discussion
Re: Stay away from centralized wallets
by
UniversityCoin
on 18/10/2020, 19:37:04 UTC
For newbie I think a centralized wallet is a good start, with a centralized wallet we don't need to be afraid of losing assets, because if we forget the password we can still reset it
Whereas in a private / decentralized wallet, if we lose our private key, our assets will not be able to return.

Centralized wallets are easier to learn and use. In addition, newbies will not need to bother with generating keywords. However, I do not recommend anyone to use such wallets for a long time.
Now on the Internet you can find a video or step-by-step instructions on how to create and use any wallet. This would be a good start for newbies.
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Topic
Board Altcoin Discussion
Re: btc vs ethereum
by
UniversityCoin
on 18/10/2020, 19:03:46 UTC
personally i could not compare between bitcoin and ethereum directly. as blockchain technology pioneer bitcoin totally different with ethereum, its more suitable as cryptocurrency meanwhile ethereum focus on its smartcontract that used for new project. both of them were main cryptocurrency that influence to other currency and worthed to bought.

There are no fundamental differences in the blockchain technology of these coins. Of course, they are not like two drops of water and have differences and their own characteristics. However, the General foundations of the blockchains that Ethereum and Bitcoin are the same. Ethereum just appeared much later and its developers took into account all the shortcomings of the bitcoin blockchain and fixed them in their network, as well as added such innovations as the ability to create smart contracts.
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Board Altcoin Discussion
Re: How to manage your stop loss for good trading result.
by
UniversityCoin
on 18/10/2020, 18:45:28 UTC
Stop loss is definetely a must for every trader. loosing 5% much better than loosing 95% for sure. You can use it in the beginning of a trade. Also if you can move the stop loss to profit zone when you are in profit. So no matter what happens you will be in safe side.

Most often, it may happen that you will trigger a stop loss, you will fix your deal and then the price will go up a lot. You will be left with a loss. In the crypto market, it makes sense to set stop losses for a price drop of much more than 5%.

That's depend on the traders if they thinkmorethan 5% is too much for them to lose then its better to set it that way. It will lessen the lost if you make only set it in 5% but keep in mind that its easy to hit.

Most of the coins that I trade quite often have price changes of 5%, and if I put my stop losses on such price changes, I would trade at a loss to myself. Of course, every trader has their own strategies for various exchanges and trading pairs, so I will not say that my strategy is the best.
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Topic
Board Altcoin Discussion
Re: Which coin do you trust, BNB or ETH?
by
UniversityCoin
on 17/10/2020, 22:34:17 UTC
BNB is better to buy than ETH for now, given that Binance has a much stronger foundation in networking and has always been number one in the competition for exchanges. Even though it is based on the Ethereum network, BNB has more uses that are needed by traders, unlike ETH which is very widely used by scammers. I know this is not Ethtereum's fault, but at least there must be a solution to the many crimes that exist through the Ethereum network.

In order to understand which of the coins is better and more popular, just look at the use of the coin. BNB is used most often on native exchanges. It has almost no other use except for trading and investing. Ethereum is used everywhere. I do not know of any exchange where Ethereum is not traded. Most of the new projects appear on the Ethereum network, which indicates its popularity and demand.
Therefore, I choose Ethereum from two coins.
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Topic
Board Altcoin Discussion
Re: Stay away from centralized wallets
by
UniversityCoin
on 17/10/2020, 22:18:00 UTC
centralized wallets are very risky especially if you hold large amounts of assets. My advice is to use a trusted wallet such as Trust wallet or Coinomi. and safer if you use a hardware wallet. I never use or store assets in centralized wallets. i use trsutwallet wallet to store top altcoins and MEW to store the erc20 platform based tokens.

Doesn't the Trust wallet belong to the Binance exchange? I do not trust wallets located on exchanges, as well as wallets that are in any way connected with exchanges. The best wallet is a wallet to which you have both private keys and keywords.
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Board Altcoin Discussion
Re: btc vs ethereum
by
UniversityCoin
on 17/10/2020, 21:51:43 UTC
If that is the case as you said ETH should have taken over now.
but the fact is btc is still strong in the lead, we will never know the extent of development that will occur in altcoins, but still the one who will be at the top is btc.

There will never be more trust in Ethereum than in Bitcoin. This is primarily due to the fact that Ethereum is not a fully decentralized coin. It is good to earn money on ether and its tokens, but it is more reliable to store money in bitcoins. And the fact that bitcoin has the largest capitalization in the crypto market confirms my words.

use Is it safer to store in BTC? Tell this to those who are still waiting for the legendary "flight to the moon" with coins in cold storage when ETH is steadily going up and is not going to stop.
ETH is better than BTC in everything from usability to the fact that it is not as super - stable as BTC.
Again, why do you need cryptocurrency? If you just want to get more dollars, then you should have something to trade without any difference at all. If you still believe in a great crypto future where you can order a taxi and buy coffee with tokens then in this case ETH looks much better because it is much easier to scale and much faster than BTC.
If BTC is a wheel when ETH is already a space Elevator.

I need cryptocurrency as an alternative to paper money. I want to own my own funds. Bitcoin helps me with this. Vitalik won't come to me and say, we decided to launch a new network - migrate there, friend. I bought coins and they are in my wallet and I will not sell them until I retire. This is my additional retirement savings.
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Board Altcoin Discussion
Re: Will UNISWAP become a centralized exchange?
by
UniversityCoin
on 17/10/2020, 21:27:32 UTC
everything could happen in crypto market, included decentralized exchange migrate to centralized. if uniswap thinking this is good for their business position in cryptocurrency market i am sure they will do this. but i am not thinking it will happen i in near future due defi trend still be main backcbone. the think developt by uniswap team only gas fee that reall very expensive at this moment.

This will be very difficult to do from the technical side. The exchange operates on decentralized algorithms. People participate in its work, place their coins in pools, earn interest from exchanges. It will be difficult to stop all this and configure it for a centralized exchange. It's much easier to leave everything as it is.
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Topic
Board Altcoin Discussion
Re: How to manage your stop loss for good trading result.
by
UniversityCoin
on 17/10/2020, 21:17:08 UTC
Stop loss is definetely a must for every trader. loosing 5% much better than loosing 95% for sure. You can use it in the beginning of a trade. Also if you can move the stop loss to profit zone when you are in profit. So no matter what happens you will be in safe side.

Most often, it may happen that you will trigger a stop loss, you will fix your deal and then the price will go up a lot. You will be left with a loss. In the crypto market, it makes sense to set stop losses for a price drop of much more than 5%.
Post
Topic
Board Altcoin Discussion
Re: btc vs ethereum
by
UniversityCoin
on 16/10/2020, 19:33:07 UTC
If that is the case as you said ETH should have taken over now.
but the fact is btc is still strong in the lead, we will never know the extent of development that will occur in altcoins, but still the one who will be at the top is btc.

There will never be more trust in Ethereum than in Bitcoin. This is primarily due to the fact that Ethereum is not a fully decentralized coin. It is good to earn money on ether and its tokens, but it is more reliable to store money in bitcoins. And the fact that bitcoin has the largest capitalization in the crypto market confirms my words.
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Topic
Board Altcoin Discussion
Re: Will UNISWAP become a centralized exchange?
by
UniversityCoin
on 16/10/2020, 18:48:12 UTC
Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

This can only be known to the exchange owners. Everything will depend on how much they want to earn. However, this concept that is presented on Uniswap can only work in this version and I doubt that someone will want to change it. The only option that is possible is the parallel launch of another already centralized exchange.
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Board Altcoin Discussion
Re: UNISWAP (UNI) is driving me CRAZY!!
by
UniversityCoin
on 16/10/2020, 17:27:22 UTC
the uniswap exchange made a brilliant move by releasing its own token but after an amazing start where it had reached a value of 7 $ now the uni token is trudging around 2.5 / 3 $ luckily I have sold everything at an acceptable price...
If you sold at the high price then you did a good job. I Think UNI is still profitable. I think UNi Will be 10$ in this year. I have faith in UNI it will give good return. Though airdrop budget was high and i think thats why uni came to correction. UNI can boom at any time.

This coin is not as simple as it may seem at first glance. It has one big plus - it belongs to a popular stock exchange. However, the coin has only one use - staking. If this business loses profitability, then the price of this coin will seriously decrease.
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Topic
Board Altcoin Discussion
Re: the cheater bounty participants began to act again
by
UniversityCoin
on 16/10/2020, 16:44:32 UTC
currently I am one of the assistant bounty managers, currently there are many cheaters who follow the campaign that we are managing and what we find that the cheaters are starting to act again with multiple accounts by creating a new bitcointalk account to join the bounty then using other people's social media link profiles

Until now, there are still many chats who say that their social media profile accounts are used by other people
I also have difficulty handling it because they also create PoA in every campaign so that it makes us not know who the original owner of the social media is until finally we tell the bounty participants to give negative trust to all accounts that use their social media links because it is very detrimental to participants who honest and also a project developer

so I invite all of you to do the same by double-checking the bounty spreadsheet that you are following and if you find your social media profiles on other bitcointalk accounts to give negative trust

Most Twitter and Facebook accounts that participate in bounty campaigns are created only for the purpose of participating in bounty campaigns. They have a mutual subscription with other participants of bounty campaigns. I draw conclusions based on the fact that most of the participants in their profiles can see that they follow thousands of people and have thousands of followers themselves. Personally it's hard for me to keep track of what the 30 people I follow write)
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Topic
Board Altcoin Discussion
Re: How to manage your stop loss for good trading result.
by
UniversityCoin
on 16/10/2020, 16:21:19 UTC
One of the powerful trading tools is stop loss. A lot of trader don't use it or don't use it effectively. Stop loss is important in so many ways, by helping you reduce your capital loss per trade whether you are on it or away. Once the stop loss is set, if the trade goes against you some portion of the trading capital will be lost depending on how big or large the stop loss is.

However, stop loss is also advantegous when your trade is in profit. You do this by adjusting your stop as the trades moves in your predicted direction so that part of your profit will be what you will risk as your stop loss and not your capital. Many people do not understand this and lots of people make so many mistakes about the stop loss usage by either moving their stop loss too fast or keep it at the initial point.

This is a Trade management tips and it plays a huge role in your trading results.


I rarely use stop losses in trading. Now I'll tell you why:
1. The possibility of installing a stop loss is not on all the exchanges where I trade.
2. Most coins have very high volatility and it may happen that now you will get a stop loss, and in an hour the price will increase several times and you will lose profit.
3. I quite often monitor my exchange accounts using remote access from my phone to my computer. I also have a bot that sends me a message in telegram if the price of my coins changes by more than 10% (here I can set any size).
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Topic
Board Altcoin Discussion
Re: Do you trust newbies that starts projects?
by
UniversityCoin
on 15/10/2020, 21:56:57 UTC
When I want to join a project, I usually look at the level of trust of the campaign manager running it. But on second thought, someone who really intends to promote a scam project can buy / use someone else's account to serve as a campaign manager, making it easy to get the trust of investors and bounty hunters to want to contribute. . So I think, right now campaign manager rankings are no guarantee a project will succeed.

Before I join the campaign, I check whether there really are such people with such names and surnames that are indicated under the photos of developers. Scammers usually steal photos from other people. I search through Google images.
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Topic
Board Altcoin Discussion
Re: Cheating or Not?
by
UniversityCoin
on 15/10/2020, 21:48:27 UTC
Cheating or NOT Cheating?

Coming from altcoinstalk forum I've experience few projects going against their own rules like saying on promotion page that no KYC will be required and after promotion ends they tell promoters to go and open account on an exchange and pass KYC, what can this be called? Cheating? Any consequences for such projects on this forum? Thank you.


This can be found on our forum. There can be two situations. If the rules contain a postscript that they can change at any time, then formally this is not a deception of the participants and the campaign owners did everything within the law. However, passing the KYC is a very fundamental question for some people and they refuse to pass it. It turns out that in this way the owners on this basis have the right not to pay some participants. I consider this a disgusting and unworthy act.

Still there are bounties like that or most of them, they have disclaimer or postcript as you said it. So it is their prerogative what changes are they going to make in the middle or after the campaign. Here in the forum, what the users can do is just give negative trust to the project if they will not give the share of their participants. And it is up to the participant if he will submit the required docs or not. Just be careful in selecting campaign.

This issue is quite controversial. It can be compared to solving various problems in real life. When quite often decisions on law and justice contradict each other. If the rules indicate that they may change, then the developers have a legitimate reason to do so. But imagine that at the end of the campaign they will reduce the amount of rewards by half. This is clearly going to be a Scam.
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Topic
Board Altcoin Discussion
Re: I'm scared of ethereum gas fee
by
UniversityCoin
on 15/10/2020, 21:18:07 UTC
If you are afraid of the cost of ethereum gas, it is better if you store ethereum on an exchange so that you are not exposed to gas fees, it is better because ethereum gas is still unstable and it is true that gas costs always fluctuate every time this really causes problems for the current ethereum blockchain users.

Now there is a good opportunity to earn money on various decentralized platforms for farming Finance. All these platforms also work with the use of smart contracts. And all this requires payment of the network commission to connect and work.
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Topic
Board Altcoin Discussion
Re: Will UNISWAP become a centralized exchange?
by
UniversityCoin
on 14/10/2020, 23:51:14 UTC
Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

How did you come up with such an idea? The entire organization and technology of this exchange is made in such a way that it was is and will be decentralized. Management is carried out thanks to liquidity providers. Do you want to manage a couple of coins or even several? You are welcome. Add your liquidity to the pool and now you earn on it.
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Topic
Board Altcoin Discussion
Re: Do you trust newbies that starts projects?
by
UniversityCoin
on 14/10/2020, 23:33:04 UTC
I know many project managers that handles good projects such as Jamalezaz, bounty detective, and many others most of them are either hero members or legend, I believe they have enough experience to handle it mere considering their ranks, not to say the rank is the only criteria to be a good project manager.i always doubt those project starters with newbie ranks.is it that they decide to use a new forum page,or were the restarting after being hacked or disqualified or how come a new be is handling a project? This are few questions that comes to my mind about newbie managers.

How much money you earn on the bounty campaign depends primarily on the success of the project. It depends on how much its tokens will rise in price and how dynamically the project will develop.
That is why when choosing a bounty campaign, I choose first of all the project, and not the bounty Manager. I have seen many situations when projects with bounty campaigns run by legendary bounty managers turned out to be scammed and vice versa.
Post
Topic
Board Altcoin Discussion
Re: Cheating or Not?
by
UniversityCoin
on 14/10/2020, 23:13:11 UTC
Cheating or NOT Cheating?

Coming from altcoinstalk forum I've experience few projects going against their own rules like saying on promotion page that no KYC will be required and after promotion ends they tell promoters to go and open account on an exchange and pass KYC, what can this be called? Cheating? Any consequences for such projects on this forum? Thank you.



This can be found on our forum. There can be two situations. If the rules contain a postscript that they can change at any time, then formally this is not a deception of the participants and the campaign owners did everything within the law. However, passing the KYC is a very fundamental question for some people and they refuse to pass it. It turns out that in this way the owners on this basis have the right not to pay some participants. I consider this a disgusting and unworthy act.
Post
Topic
Board Altcoin Discussion
Re: I'm scared of ethereum gas fee
by
UniversityCoin
on 14/10/2020, 22:58:05 UTC
yes, the current increase in ETH fees is going crazy and this can be problematic. I mean, If you are trading a very small cryptocurrency turnover, you have to withdraw from the exchange 1 time in a few months so as not to lose a lot of commissions, this is one way. Only trade on the stock exchange and don't withdraw for a long time.

I used to transfer tokens between exchanges quite often, if I could buy them on one exchange cheaper and sell them on the second more expensive. Now I stopped doing this because of the high commissions of the ether network. Now this method does not bring me any income and it upsets me.
Actually, we can't trade on the decentralize exchange for this high cost. Send Ethereum>Deposit>maketransaction>withdraw>send it to my wallet. Maybe you could use centralized exchange for these types of transactions and use Binance coin to change from one exchange to another exchange. Now I'm ignoring the low price ERC-20 tokens to sell that can't recover the transaction.

It all depends on the expected profit from trading. If it covers all the costs of making all transactions, then why not trade? Just such Commission sizes limit the possible trading options. And also suffer those who in the pursuit of profit incorrectly calculated the amount of all commissions and because of this received losses.