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Showing 20 of 6,221 results by abel1337
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Board Bitcoin Discussion
Re: Can You Memorize Your Recovery Phrase?
by
abel1337
on 17/06/2024, 19:44:03 UTC
Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured.  How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.
I guess you can memorize your recovery phrase since it only consist of 12 - 24 words. If you are feeling threatened with your environment not being safe, I think you should try to memorize it and engrave it to your mind. One downside here is when you forgot or jumbled with words in your mind, it will be a disaster. if I am in your situation, I would still make a back up and store it to somewhere unexpected, on somewhere in your place that no one knows about crypto.
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Board Trading Discussion
Re: Im in cryptocurrency 6 months only but i will not risk like other newbies
by
abel1337
on 17/06/2024, 19:11:11 UTC
I keep it Simple i trade only well known main coins btc eth and other main altcoins.
Today i discovered solana was lower so i just bought it i keep it until i see my balance getting bigger then i sell it.

If it's falling i'll buy some more one coin at the time Im not here to grow my coins amount but Im here to see my USDT balance getting bigger Smiley
I was looking into futures leverage trading and meme coins its too risky for me and it takes a lot time and nervous wich i don't have i'll keep it Simple just.
I don't want to touch low caps neither Because of delisting and sometimes not enough liquity.
Im not greedy i'll take my time i don't need that extra stress here to trade.

What you guys think about this ? I mean Im new so i might be wrong
You are on the right path. Just continue on exploring and just trade what you are comfortable with. I myself is mainly trading bitcoin because I am comfortable with it. As long as most of your trades are gaining profit, stick with it even if you are doing a simple trade. Tapping into other trading method such as futures and trading low cap coins are risky, just play it safe until you are ready to venture out.
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Topic
Board Trading Discussion
Re: Why are people getting scared to Trade
by
abel1337
on 17/06/2024, 18:48:58 UTC
To control fear and minimize losses, someone must learn first before getting involved in it.
Thinking of trading by risking luck is a wrong practice because we never know the results.
Trading requires analysis, mastering a clear plan, having management, discipline and knowing how to control emotions, if we don't have this it will be difficult to minimize losses.
Those said are the requirements if we want to have a sustainable trades. If you have that skills and aspects, I believe that you can have a good win to lose ration on your trades, basically you can earn from trading consistently as you have the skills. The thing is those skills are harbored from the experiences and can't be obtained by a newbie trader.
In essence it is much easier said than done so many people find trading is not suitable for everyone.
But when someone is serious about studying, there is nothing difficult because trading can be learned and practiced by using small capital first.
But people don't dare to take risks and prefer to look for a safe point, so investment is the choice of many people.
Yep, most successful traders started small first and has a bunch of fails but the difference between those successful traders and those failed ones is that the successful traders didn't stop even they are losing money and moral to learn to trade.
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Board Altcoin Discussion
Re: Did you get the ZK airdrop?
by
abel1337
on 17/06/2024, 18:16:23 UTC
Nope, it hurts since I spent money for fees but yeah it's part of being on an airdrop today, there's no actual criteria until the project releases them. There are a lot of people in the community that didn't get the airdrop that resulted into a lot of FOMO. Though there are still chance to get airdrop of ZK token from binance, there are certain criteria needed to met to be eligible from the binance x zksync airdrop.
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Topic
Board Altcoin Discussion
Re: Swap crypto or sell first then buy?
by
abel1337
on 17/06/2024, 17:46:49 UTC
Hi,

I have a few altcoins that are doing pretty well and want to take profits soon to then reinvest into other altcoins that haven’t pumped yet and I am wondering if it is best to swap directly or sell my altcoin that is doing well into USDT and then buy the new altcoin I want with the USDT?

I use Coinbase mainly so wondering which way is best to do it or is there not really much difference?
If I'm on the situation, I would probably swap it out if the altcoin that I want has a pair with the altcoin that I need and if it has a sufficient liquidity that the price impact on swapping is not that large. I would check out and compute the loss in swapping, if I can take it, I will just swap it because it is less hassle and straight forward method. Though if you want to maximize your profit, trading it to stable coin would be the way and of course you can choose to buy any altcoin on the market with the stable coin you have since most of the good altcoin has a stable coin pair.
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Topic
Board Altcoin Discussion
Re: When do we think alt season will be?
by
abel1337
on 16/06/2024, 23:55:42 UTC
That’s great for your portfolio. At some point I thought we’ve finally come to see it but there’s still time this year for me. But let’s not make it compulsory that it has to be soon. Even if we don’t see altcoins go as high as we wish, we should know that we would see them soar and break their ATH at come point. Just invest and hodl for as long as you can, the season will come.
I think that I've seen a few of them that have reached a new ATH just for this quarter of the month. What I am scared about is what if we're already in it and then the cycle has changed and by next year, it's not going to be a bull run.

And that's the start of the bearish season.

Everything can be possible to happen at this moment but I'd preferred still to follow the cycle and the altcoin season typically comes after the dominance of BTC goes onto high and then decreases over the period of time and that's how the altcoin's comes next.
It depends on how you see it. There's a chance that the alt coin season is happening already and we are inside a bull market right now but my personal opinion is we are still on the cycle on achieving the bull market so I guess there's still a chance of making profit. There are many altcoin who achieve their all time high, most of them are new coins but there still some coins from the past bull market who achieve to get over their past bull market all time high.

We have different views on the current market right now but for me, I still plan to hold my altcoins until I am satisfied with it.


Post
Topic
Board Bitcoin Discussion
Re: Are cold wallets safer than online exchanges?
by
abel1337
on 16/06/2024, 23:22:23 UTC
I know the main reason they don't make withdrawals every time is trading or fees that may be charged every time they want to make a transaction on the exchange.
Some people might not withdraw their assets from exchanges because of the fees but that shouldn't be a problem if the person isn't using those funds daily. If you have extra funds in your exchange wallet, and you are not using them for trading or staking purposes, then it is better to simply withdraw them and keep them in a non-custodial wallet.

A few months ago, I heard or read somewhere over the internet that some institutional investors keep their funds in the exchange where they buy them, I think the reason was that they believe exchanges are safer than wallets but that isn't true in all cases because exchanges have higher odds of getting attacked by hackers so there can be negative consequences of doing that.
I think institutional investors don't store their funds on an exchange wallet for a long period of time, it is a foolish move honestly and I think they know that exchanges are prone to hacking compared to cold wallet. There are many times already that funds from exchanges had disappeared, hacked or misused by the exchange, there's no way that big institution will hold their money on something that is not safe unless they can earn or get some benefit from storing it there.
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Board Altcoins (Pilipinas)
Re: Zksync Airdrop nilapag na
by
abel1337
on 16/06/2024, 23:10:44 UTC
Talong talo ako sa zksync, medyo malaki na din gas fee ko nagamit pero hindi ako eligible sa airdrop. Dami ko din nakikita issues and FUDS sa twitter about zksync, let's see kung ano mangyayari sa listing date. Maraming tao yung masakit yung loob dahil sa elibility criteria nila, dami din nalugi like me. But yeah, airdrop to at walang kasiguraduhan, medyo masakit din sa loob ko nung nakita ko na not eligible ako pero move on nalang kasi wala namana tayo magagawa.
Oo lods nakita ko nga eh and theres a lot of recipient na wala manlang transaction sa zksync kesyo holder ng nft or receiver daw ng bonsai at degen tokens. Dami negative issues lumabas including evidence na parang may insider gaming na nangyari. I would just probably jeet this airdrop para mabawi lang din yung nagastos ko sa fee. Sensya men sa nangyari sayo, kahit iba ko friends sa crypto sama din ng loob.
Yes bro, matagal tagal na din tong zksync eh at malaking pera na din yung nagastos natin. Speculation ko lang na sa sobrang daming FUDS ng zksync, baka maging starknet ito na maging ghost chain dahil sa sobrang sama ng loob ng community na di nabigyan ng airdrop. Nakita ko nga yung post sa twitter na sobrang bumaba yung daily transaction ng zksync after lumabas ng checker nila eh. If hindi sila makapasok sa tier 1 exchange like binance, malaking yung chance na magiging mababa yung initial price nila sa market. Ok sana yung blockchain nila kaso masyadong masama lang talaga yung loob ng community.
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Board Altcoin Discussion
Re: Over 100 million players on Hamster Kombat 🤯
by
abel1337
on 16/06/2024, 22:45:59 UTC
Based on their current telegram posts recently they already reached 150m active players but I don't think those are real players I think most of them are bots who do autoclickers.

I saw some tools on Github for hamster kombat bot that can able to handle 10 accounts which is unfair if you only have a single account.

About notcoin I was interested before because it became popular until I heard that the airdrop is real that is why I started a week ago to play hamster combat and hoping that it's real I also heard that the airdrop will start in July based on their announcement that build my confidence.

The only thing that I noticed is a day or 2 days ago one of their YouTube video said that hamster kombat is just a game and not a real crypto I can't remember exactly it say but it gives negative impact to me.
I am also shocked when I learn that their daily active users is 150 million, it's crazy but most of us think that most accounts are bots. With the massive number of accounts, I don't think that the airdrop will be large enough if 150 million users are eligible to get an airdrop, I can imagine that the reward to user ratio will small. Hamster combat should fight to reduce the number of bots and to well compensate the real users. I don't think that hamster combat will be a long term project even with the trend of tapping games. It will just die eventually. I tried playing the hamster combat game and I have a 700k+ profit per hour on my account but I stop playing as I think it is not worth it anymore.
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Topic
Board Altcoins (Pilipinas)
Re: Zksync Airdrop nilapag na
by
abel1337
on 15/06/2024, 13:41:53 UTC
Talong talo ako sa zksync, medyo malaki na din gas fee ko nagamit pero hindi ako eligible sa airdrop. Dami ko din nakikita issues and FUDS sa twitter about zksync, let's see kung ano mangyayari sa listing date. Maraming tao yung masakit yung loob dahil sa elibility criteria nila, dami din nalugi like me. But yeah, airdrop to at walang kasiguraduhan, medyo masakit din sa loob ko nung nakita ko na not eligible ako pero move on nalang kasi wala namana tayo magagawa.
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Topic
Board Altcoins (Pilipinas)
Re: Paldo.io — Farm Airdrops, the Easier and Safer Way
by
abel1337
on 15/06/2024, 13:26:07 UTC
Wow ngayon ko lang nakita tong website nato na gawang pilipino. Kakacheck ko lang at majority ng airdrop project na listed sa website ay finafarm ko. So I guess parehas kami na metikuluso ni mk4 sa pag pili ng airdrop na gagawin. Also good to see na may latest updates sa website kagaya ng claiming date at eligibility checker, malaking tulong to sakin personally.
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Topic
Board Altcoins (Pilipinas)
Re: Axie Infinity Play-to-Airdrop (Worth it kaya?)
by
abel1337
on 15/06/2024, 13:15:37 UTC
~
Parang sa lahat ng linggo na ginawa ko yung paglalaro parang umabot na din ng 0.5 AXS naipon ko. Not bad na at parang nostalgic at nageenjoy naman ako kaso nga lang wala nang nadadagdag sa rank.  Grin

Wala na kasi akong balita dito sa axie paano nag earn after mag drop ng price ng SLP, ano na ba other ways to earn dito sa axie kasi marami ako nakikitang player is still nag babalik loob pa din sila sa pag lalaro nito. Tapos ilang SLP per day and pwede mo ma earn at worth it pa din ba sya like side trip lang for entertainment?
Via bounty quest boards. Need mo manalo ng atleast 1 game sa Origins and classic also praying to atia to earn points na convertible into AXS. Daily task siya at per week meron 12,500 axs na bounty pool. Last week nagawa ko yung 1 game win on classic and origins and daily pray ki atia for 7 days and naka earn ako ng .34 AXS. Habang tumatagal dumadami yung players na nag paparticipate kaya dinagdagan ng Sky mavis team yung bounty pool from 10,000 to 12500 para somehow maging justifiable yung pag laro. Sa totoo lang medyo mababa yung bigayan given the current price of AXS and mahirap din siya ipascholar knowing na may hatian pa kayo ng scholar mo.

     Oo, totoo at tama itong sinasabi mong yan, May mga kilala nga akong manager na sa panahon ngayon ay gusto ng tumigil, dahil mahirap na nga daw talagang maghanap ng scholar, unlike daw dati yung mga managers ang nagkakaroon ng problema dahil gustuhin man nilang tumanggap pa ng mga scholars ay hindi na nila magawa dahil fully loaded na sila sa kanilang mga axie na pinapapaylot.

     Ngayon, kahit isang scholar ay hirap na silang makahanap, at ito ay pagpapakita lamang na wala ng interest na karamihan na mag-grind sa axie sa kapanahunang ito, in short natapos na talaga yung hyped sa axie.
Wala na masyadong pera sa axie eh compared dati kaya obvious na wala ng mag tatake ng scholarships. Mura na din ang axie ngayon, more or less 1k php is meron ka ng matino na axie team, mas ok nalang na bumili ng axie at all in na nasayo pa yung reward. Andaming naka tambay na axie ngayon, I hope magka utility ito like staking para magka kwenta yung mga naka tabing mga axie dahil sa hindi na ito worth it ibenta at ipascholar. Mas gusto pa ng mga tao na  mag farm ng airdrops ngayon compared sa axie given na mas mataas ang potential earnings ng airdrop farming vs sa pag lalaro ng axie daily.
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Topic
Board Altcoin Discussion
Re: Can blockchain be used for fiat money transfers or mobile payments?
by
abel1337
on 14/06/2024, 16:23:33 UTC
Blockchain's decentralized nature, transparency, and security have proven valuable in DeFi, NFTs, and gaming. AAnd this have made some organizations prefer use it.
Perhaps it can also change how we send money, pay with phones, and use some financial services?

Let's discuss and see if blockchain can work for these uses.
It can work definitely, actually there are projects that had been made for the sole purpose of solving financial problem by offering financial services that can be done on a blockchain but yeah, the projects that has this idea can't execute it right that's why we still don't have a famous project that offer this. Centralized platforms are the one reigning like paypal, apple pay, and other same services. Maybe sooner or later we will all adopt and regularly use a financial services that run on a blockchain regularly, I am saying majority of us crypto users that can be compared to the numbers of what CEX users has.
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Topic
Board Altcoin Discussion
Re: Ton coin and it's network
by
abel1337
on 14/06/2024, 16:10:47 UTC
I think a good coin that will have a spot light on the bull market. There are many projects that are building on telegram and using TON, with the continues rise of telegram application and having successful ones like NOTCOIN, if projects that use ton utility became a trend or successful just like solana, I think we will see a massive growth on prices.
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Topic
Board Altcoin Discussion
Re: Investing wisely in memecoins can give you returns.
by
abel1337
on 14/06/2024, 15:01:55 UTC
There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.
Yep that's true. I believe that almost 90% of memecoins created since 2020 had died and only few of them are still surviving to this date, top meme coins did a good job on creating and maintaining their community support. Today, we can see a ton of meme coins being created daily and I think that majority of those memecoin/shitcoin will just die after a being noticed by the public.
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Topic
Board Altcoin Discussion
Re: Can i make money from Launchpads
by
abel1337
on 07/06/2024, 23:13:41 UTC
Are you talking about the launchpad on Centralized exchange? Yes it can be profitable especially if you have large amount of funds. Exchanges do offer stable coin to stake on which is somehow safe on volatility but high APY comes from the more volatile token such as staking the token that is being rewarded itself. If you have the courage and trust on the token, going for the higher APY would be the go to but if you just want to play it safe, staking stable coin is good. I tried doing it with just $200 on my exchange account and the reward that I got is no more than 10$ in value, it's quite good rather than making it sit on your account.
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Board Trading Discussion
Re: FTX will repay everybody 118% back
by
abel1337
on 07/06/2024, 22:58:21 UTC
Well it's nice for the victims actually recovering their money but even with a move from like this from FTX will recover their reputation. I wonder how did FTX gained their money to pay the victims of FTX? I don't think that their business is doing good after their problem of scamming people, or somehow the funds that they scammed stay still and bloomed in value that's why they will pay on form of fiat. Though I strongly believe that this will never recover their reputation because it seems to me that they are trying to fix their mistake.
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Topic
Board Gambling discussion
Re: Is getting addicted to gambling right or wrong?
by
abel1337
on 07/06/2024, 22:48:59 UTC
Gambling addiction is process in which an individual cannot control their urge in gambling even when they tend to lose. They are willing to sacrifice their most valuable assets with the hope of winning. A story was told of a young man in my community who used his only son for gambling because he was so addicted that he can't do without gambling in a day. he can do anything when it comes to gambling. I also know people who are wealthy today through gambling. So, is it wrong to be too addicted to gambling? how can it be control or how can one manage gambling?
It is no mistake that people will participate in gambling but gambling can definitely be an important medium for their entertainment. Yes but he needs to be careful so that gambling doesn't ruin his career and have a negative impact on his family. The person in your community who is addicted to gambling and now cannot stop participating in gambling every day is a type of disorder. He is now so deeply addicted to gambling that he can no longer control himself from gambling. Yes, such a situation is never desirable but rather a situation where a gambler can stop gambling as needed and resume gambling when needed for entertainment. But in this case your community member must be treated in a rehabilitation center and must be motivated by his next of kin otherwise he is likely to face a more dire situation.
Every type of addiction is bad no matter what it is, people should understand how to check themselves if they are addicted or not and understand that there are many consequences between this addictions. It is never too late from everyone especially on those who are addicted to gambling, There are still chances to recover from it with the help of others like putting the guy on a rehabilitation center. I myself had been an gambling addict, but I recover from it and luckily I did it myself without the help of others. This shows that there are still chances before the addiction ruin our whole lives. Things like gambling should be done in moderation and I learned it the hard way.
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Topic
Board Altcoins (Pilipinas)
Re: Axie Infinity Play-to-Airdrop (Worth it kaya?)
by
abel1337
on 07/06/2024, 22:23:49 UTC
~
Parang sa lahat ng linggo na ginawa ko yung paglalaro parang umabot na din ng 0.5 AXS naipon ko. Not bad na at parang nostalgic at nageenjoy naman ako kaso nga lang wala nang nadadagdag sa rank.  Grin

Wala na kasi akong balita dito sa axie paano nag earn after mag drop ng price ng SLP, ano na ba other ways to earn dito sa axie kasi marami ako nakikitang player is still nag babalik loob pa din sila sa pag lalaro nito. Tapos ilang SLP per day and pwede mo ma earn at worth it pa din ba sya like side trip lang for entertainment?
Via bounty quest boards. Need mo manalo ng atleast 1 game sa Origins and classic also praying to atia to earn points na convertible into AXS. Daily task siya at per week meron 12,500 axs na bounty pool. Last week nagawa ko yung 1 game win on classic and origins and daily pray ki atia for 7 days and naka earn ako ng .34 AXS. Habang tumatagal dumadami yung players na nag paparticipate kaya dinagdagan ng Sky mavis team yung bounty pool from 10,000 to 12500 para somehow maging justifiable yung pag laro. Sa totoo lang medyo mababa yung bigayan given the current price of AXS and mahirap din siya ipascholar knowing na may hatian pa kayo ng scholar mo.
Post
Topic
Board Altcoin Discussion
Re: What are your thoughts on Web3's decentralized GPU cloud infrastructure?
by
abel1337
on 07/06/2024, 22:08:11 UTC
It's a good concept. Depin, I think this will become a trend during bull market. I plan on buying that exact aethir after their TGE, also other project like io.net are on my list. Though I'm still thinking whether I should buy their hardware or I should only focus on their token, I'm thinking about the profitability or where should I put my money on. I haven't deep dived of this project that's why I still can't decide. Maybe I should hear your thought guys.