Search content
Sort by

Showing 20 of 1,010 results by chip1994
Post
Topic
Board Speculation (Altcoins)
Re: Avalanche will unlock first round of coins on Dec. 9 – time to buy cheap AVAX
by
chip1994
on 10/12/2020, 17:27:14 UTC
There really is no reason to buy more AVAX even if the price drops further. As far as I can see, after every quarter, a part of the coin will be unlocked and the price will continue to decrease.

In addition, I have not seen the AVAX team confirm the buy back token, so the value of AVAX may drop even more in the near future. If I buy AVAX then I need to wait for good news from them. For example, buy back token and burn to increase coin value or perform Staking liquid pool. That's the news I have come to expect from Avalanche. Wink
Post
Topic
Board Speculation (Altcoins)
Re: How to Turn YOUR TIME into MONEY with CRYPTOCURRENCY 💰 | Gitcoin Grants Review
by
chip1994
on 10/12/2020, 16:51:30 UTC
I don't really know how to make memes. Is there any other way to make money with your efforts on the Gitcoin platform?
Besides, I want to ask that they plan to implement marketing campaigns in the future? Or opening bounty campaigns at Bitcointalk?

My strength is to create constructive posts here and hopefully in the future they'll pay attention to my Signature campaign, I can definitely support them with the best marketing possible. I would appreciate it if you provided more information on their upcoming marketing campaigns. Wink
Post
Topic
Board Speculation (Altcoins)
Re: Upcoming Defi projects
by
chip1994
on 08/12/2020, 20:31:41 UTC
Currently there are so many Defi projects appearing, if you explore deeper, there are still very many Defi projects that need to be reviewed, so you don't get into a scam project, in my opinion many of the defi projects aim only to attract  investors' money yes even though there are several Defi projects that have the potential and are worthy of investing, namely projects that have been active in the world of cryptocurrency for a long time, I myself don't have the option to join the defi project  ,
By the way, how to avoid investing in scam projects, we should keep an eye on channels to analyze and inform about potential Defi projects.
I know some reputable channels like Top7ico, CryptoRank News. You can see the conclusion they analyze on the projects on their channel, completely free and those are the two best quality channels I've ever seen.
Top 7 ICO: https://t.me/top7ico
CryptoRank News: https://t.me/CryptoRankNews
Post
Topic
Board Bitcoin Discussion
Re: Buy Low, Sell High
by
chip1994
on 08/12/2020, 19:42:44 UTC
Its a psychological factor in humans for being greedy all the time. Like diamonds, if there value is like iron then it will not matter for people to buy but since it's price is very high so people think about its value in terms price.
Same happens with btc as same people who don't want to buy at $3800, are now willing to buy at $19000.
Actually, this is not a greedy mentality, it represents the investor's lack of experience and short-term vision. Many people have thoughts that will not buy Bitcoin at $ 3k5 because they have not really analyzed Bitcoin's potential or they have no faith in it.

In investing, the golden rule is to be patient and have a plan in place to prepare yourself for the worst. It seems that the crowds have failed to do this, so most people often guess about the end of Bitcoin. Wink
Post
Topic
Board Bitcoin Discussion
Re: Cash App what you think about it and is it safe investing in Bitcoin through it
by
chip1994
on 08/12/2020, 19:14:46 UTC
Cash App(or Square, specifically) is a pretty reputable company. With that said, will I recommend people to invest in bitcoin through the Cash App? If the person already uses Cash App anyway, then sure as long as he/she withdraws the coins on a non-custodial wallet. Mostly though, if the person is decently tech-savvy(and bonus points if the person is privacy-conscious), definitely something like HodlHodl[1] or Bisq[2] instead.

On the other hand, if we're talking about an old person that doesn't even know how to use a computer? I'd most probably recommend a custodial broker like Cash App, or probably something like the Grayscale[3] Bitcoin Trust(GBTC).


[1] https://hodlhodl.com/
[2] https://bisq.network/
[3] https://grayscale.co/bitcoin-trust/
Thanks to mk4 for letting me know more about the Cash App, really disappointed that the creator of the topic couldn't make as solid points as you to talk about Cash App.

But I have a little question, does Cash App accept currencies other than dollars? Also, are they expanding their offerings in the Asian market?
Currently, I have an amount of nearly 20k $ from relatives to send me and they asked me to manage money for them. I really want to find financial tools that provide passive and stable returns but not sure about Cash App. I would appreciate your detailed answer.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and its History
by
chip1994
on 08/12/2020, 18:43:35 UTC
The history of bitcoin development is interesting, but I don't think we have gone far enough to draw any conclusions yet.
That's right, we need more time for Bitcoin to show its potential. But I just think it should fulfill its role, which is to help its holders reduce their risk of inflation and not worry about its value in the long term.
As for being a common currency in payments it shouldn't be. Because we still see a huge fluctuation in Bitcoin's value, and it would be very inconvenient to use it to pay for any product. Think about the fact that before you leave the house, the Bitcoin in your wallet is worth $ 100 but upon arrival at the store, the value of the Bitcoins in your wallet drops to $ 90 because of its volatility . Nothing could be worse than that. Smiley
Post
Topic
Board Bitcoin Discussion
Re: I think Bankers and wall street dont like Bitcoin
by
chip1994
on 08/12/2020, 17:57:36 UTC
I don't think they'll hate Bitcoin when they can make money from it. In the financial game, any asset that can turn a profit is called legal by everyone. Even for banks, they have a lot of money and they have to choose the types of assets to invest in, and Bitcoin is also a digital asset. So why not invest and try to raise its price when they can?
I have the opposite opinion of you. Once large businesses or banks have invested in Bitcoin, they certainly have plans in place to make their portfolios profitable. Especially, Crypto is a decentralized market and they even have more power to do it Wink
Post
Topic
Board Bitcoin Discussion
Re: Ron Paul advises people to be careful regarding bitcoins
by
chip1994
on 07/12/2020, 19:43:29 UTC
I think this will only cause concern for traders in countries with a large taxation of profits from the crypto market.

In my country, the government has not proposed laws that ban Crypto or impose high taxes on trading in the Crypto market. So I don't have to worry too much and can trade normally even while I'm being watched.

But nevertheless, we should not evade taxes or try to bypass the government, we are always monitored and only the observance of the rule will keep us safe.
Post
Topic
Board Economics
Re: Austrian School of Economics and Crypto
by
chip1994
on 07/12/2020, 18:49:27 UTC
This is all well and good, if this plan can be realized then we will see a new generation much smarter.  There are no more fledgling and inexperienced people to be deceived by scam projects.

In addition, if this is a high-quality school in teaching, we will soon see smart investors, talented Blockchain technology developers as well as excellent technology architects.  That certainly brings a lot of benefits to the entire Crypto market later on.
Post
Topic
Board Economics
Re: Will Crypto live forever or die?
by
chip1994
on 07/12/2020, 17:59:15 UTC
When World War 3 came, I thought Crypto in general and Bitcoin in particular were still alive and even stronger.  Think about it, when war comes, bombs and bombs will destroy our physical possessions.  Houses, gold, and cash can all be lost.  But with cryptocurrency, it is non-physical and will never be affected, it even helps people retain assets when people just buy the coin and hold it in the cold wallets.
Cryptocurrency is having a very positive effect on the general economy and it is really a great solution to reduce inflation.  Therefore, it never dies and can only thrive when negative economic or political events happen. Wink
Post
Topic
Board Economics
Re: Will Crypto live forever or die?
by
chip1994
on 07/12/2020, 17:57:47 UTC
When World War 3 came, I thought Crypto in general and Bitcoin in particular were still alive and even stronger.  Think about it, when war comes, bombs and bombs will destroy our physical possessions.  Houses, gold, and cash can all be lost.  But with cryptocurrency, it is non-physical and will never be affected, it even helps people retain assets when people just buy the coin and hold it in the cold wallets.
Cryptocurrency is having a very positive effect on the general economy and it is really a great solution to reduce inflation.  Therefore, it never dies and can only thrive when negative economic or political events happen. Wink
Post
Topic
Board Economics
Re: Our new economic model could be defi
by
chip1994
on 07/12/2020, 17:08:29 UTC
Yep, I agree with your point.  As you can see, people criticized the Defi trend and criticized it as useless when the Defi top coin such as YFI, Compound, ... fell 40% deeper in just a few days.  But now you see, they praise Defi coin when many coins are profitable for them like Base, KiraNetwork, Folder Protocol.
So this is the time when Defi coin exploded, I think we should use our money to invest in Defi projects instead of holding Bitcoin with meager profits. Smiley
Post
Topic
Board Economics
Re: My opinion on Inflation w/c affects greatly on fiat currency and how to beat it!
by
chip1994
on 07/12/2020, 12:45:28 UTC
Investing in Bitcoin to solve a crisis and stay away from inflation is a very good idea right now. It may have been a bad idea a few years ago, but Bitcoin Halving happened and the supply of Bitcoin on exchanges was getting less and less, and that is why many large hedge funds in the US have participate in investing in it.
I think Gold is now obsolete to hold because the SPDR Gold Trust is holding thousands of tons of gold and they seem to be the only institution that decides the price of gold. Therefore, buying gold and storing is still risky than Bitcoin.
Post
Topic
Board Altcoin Discussion
Re: Which is for you the best Defi Project for 2021?
by
chip1994
on 06/12/2020, 18:01:18 UTC
Hello,

I want to know which is for you the best DeFi project for 2021.

I think that Defi will be definetively the economy of the future, but I dont know a lot of this technology/projects.

Thanks for your Tips!

Best Regards,

The best defi for 2021 is Kylin. Kylin Building a Cross-chain Platform Powering the Data Economy on Polkadot.
This is the worst partner list project I've ever seen and most likely it will x10 at least. Especially Kylin is led by Dylan Dewdney, a longtime crypto enthusiast (2011). In 2017 he co-founded Harbor DAO, which became an open-standard set of tools for building governance structures and voting mechanisms on ERC-20.
  Their Twitter has a lot of interesting updates about the milestones they've achieved and more and more people are paying attention to it. Come here and update the latest information: https://twitter.com/kylin_network
Post
Topic
Board Service Discussion (Altcoins)
Re: is there a place to trade cryptocurencies for free without commision fees
by
chip1994
on 06/12/2020, 16:19:01 UTC
or really low fees? i used coinbase but im not buying enough coins to really make it worth he cost of the transaction fee. there use to be crytopia not sure what happened to it but anyways is therre a place i can trade cryptos for free like they do with stocks and such
Currently I have yet to find a platform to safely trade with no fees applied. But perhaps in the near future there will be. Injective is having a Solstice Testnet event and they offer a trading platform with transaction fee = 0! Even dealing with high leverage.
You can try the transaction here: https://testnet.injective.exchange/
In addition, on December 8, Injective will also hold an AMA at Infinity Capital group, you can join to ask questions about Injective's upcoming exchange.
Here's the Infinity Capital group discussion group: https://t.me/InfinityCapitalGroup
Post
Topic
Board Altcoin Discussion
Re: Top 6 DeFi projects to watch in 2020 🎯
by
chip1994
on 06/12/2020, 15:47:50 UTC
What do you like most about DeFi projects?
What I like most about Defi projects right now is that they have partners with Polkadot or DAO Maker. There is a curse for projects that collaborate with one of these two big projects will definitely grow very strongly when listed on the exchange! The most typical example is Link Smiley
I am a project analyst and I know the situation of the current Defi projects. Polkadot and DAO Maker are two names that are making a huge impact on the Defi market at the moment and speculators love this.
Post
Topic
Board Altcoin Discussion
Re: Crypto market is plunging
by
chip1994
on 06/12/2020, 15:16:05 UTC
I don't think the cryptocurrency market is sinking,
I've been involved in cryptocurrency for about three years,
I can tell from my personal experience that the cryptocurrency market will never sink.
On the contrary, the future of cryptocurrency is very bright in my opinion.
But we are talking at the moment and the chart is showing signs of an upcoming bear herd. Do not be too subjective about the price of Bitcoin as all altcoins will continue to increase in the future. Looking back at 2017, everyone was as subjective as you were and in the end its price dropped from $ 19k5 to $ 3k5 in just a few weeks.
In the crypto market, anything can happen and it is best to have a backup plan when the market starts to collapse. This is a very sensitive time and I recommend you to prepare plan B, the subjectivity is easy to make us fail in trading.
Post
Topic
Board Altcoin Discussion
Re: Beware of ETH2.0 Scammers
by
chip1994
on 06/12/2020, 12:42:35 UTC
Yes, there are even phishing groups that exist on par with the official group time and more members than the official group.
This morning I was almost fooled by a group of scammers who took the name of the AnRKey project to do the presale. When the members are more than 5k people and the official group is only 3k9 people. I almost sent USDT to that group of scammers and luckily I was awake and checked again.
So the following signs to recognize a scam is that they always limit the time to send money and how to do it will be very easy. Also, before sending money you should also carefully check the official link, the careful never be redundant. Wink
Post
Topic
Board Trading Discussion
Re: Litecoin is about wake up as sleeping Dragon
by
chip1994
on 05/12/2020, 19:40:52 UTC
Well I was looking for litecoin charts and looking generally well well litecoin definately will make some big moves.

I do think that Litecoin could be one of the best performers 2021 per my Analysis I think ltc will do much more better january then btc and eth.


Also...  I checked a lot big guys accumalation been taking a place.
There was like big accumalation of litecoin it means big bull run. 


I don't think Litecoin will have a historic pump anytime soon. Litecoin has been really passive and has been doing very poorly over the years. It does not carry out new events like Ripple's Airdrop Spark token or any technological upgrade. All are quiet and their loyal community is losing faith gradually as XRP, ETH, BTC, XLM, BCH all grow strongly as Litecoin is falling behind. Here is my analysis of Litecoin and haven't seen any new and shocking news from Litecoin yet.
If you have a positive analysis on Litecoin what is it other than TA? I would appreciate it if you provided some confidential information haha.
Post
Topic
Board Trading Discussion
Re: TA gods, need your advice
by
chip1994
on 05/12/2020, 19:21:43 UTC
This is entirely possible and because of this I sold all the ETH I held from $ 230. Although there are still a lot of people fomo about ETH over the coming days, I'm really quite worried because history never lied. Coming soon will be the Christmas and New Year holidays, when investors will soon sell their coins to have money and spend for the big holiday.
Every year has been like that and I think this year will be no exception when Bitcoin is still unable to get a new peak of ATH. It still suffered huge selling pressure when the price crashed to nearly $ 20k. That shows that the bears are still very crowded and could beat the bulls at any time.
So trade carefully at this stage, only trade with small amounts and place a stop loss. Never be subjective at sensitive times like this.