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Showing 20 of 280 results by cryptodude
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Topic
Board Altcoin Discussion
Re: what do you think about fantom coin ( FTM).
by
cryptodude
on 13/02/2024, 19:55:29 UTC
Fantom (FTM) is a cryptocurrency with a blockchain platform that focuses on stability and high transactions. It aims to solve some of the limitations faced by previous blockchain networks like Ethereum. Provides fast and secure smart contract functionality. FTM is likely to gain popularity for performing transaction processing with fewer transactions. But the investment market is volatile so before investing you must observe well and then invest.
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Board Bitcoin Discussion
Re: Farmer's Bitcoin Investment
by
cryptodude
on 13/02/2024, 19:47:37 UTC
Village is the heart of the region where farmers cultivate crops on fertile soil. Generally farmers know little about earth technology I think it is. Yet some brave farmers overcome all the hurdles by investing in crypto currencies like Bitcoin with the bold decision to invest their hard earned money in the future. Markets rise and fall as the seasons change and their savings at one time will surely enrich future generations.
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Board Bitcoin Discussion
Re: my small investment
by
cryptodude
on 13/02/2024, 19:38:16 UTC
Practice makes perfect. You practice first by making small investments. From small investment your investment will gradually grow and your experience will increase. Of course you can expect better results when experience increases. Don't worry if your investment is too small.
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Board Bitcoin Discussion
Re: Hodling Bitcoin
by
cryptodude
on 13/02/2024, 19:27:18 UTC
Holding Bitcoin for a long period of time while avoiding short term price fluctuations is called Bitcoin holding. Since the emergence of Bitcoin as a digital money, Bitcoin has gained a lot of popularity among the general public. Its users are increasing day by day as Bitcoin is much less in its circulating supply than the demand so its value is likely to increase in the future. I think holding bitcoins holds good future.
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Board Bitcoin Discussion
Re: The future of Bitcoin as digital currency
by
cryptodude
on 13/02/2024, 19:15:32 UTC
Firstly, freedom means economic freedom as you will have complete control over your money and cryptocurrency has basically opened this facility to everyone.
Secondly, it is not a crime to be born poor, but it is definitely a crime to die poor, according to learned people. Because if you are born poor you can certainly become rich through your actions but if you are born poor you will die poor is completely wrong.
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Topic
Board Speculation (Altcoins)
Re: is right time for investment ?
by
cryptodude
on 13/02/2024, 18:46:59 UTC
Even if a new project can make good profits for a short period of time, it may not be a viable money making source. Can scam your property at any time. Here you told about a new dapp. What should I say about the Oscars app?
There are many good multichain dexes in crypto. I think you should pay attention to them.
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Topic
Board Speculation (Altcoins)
Re: Is Cardano still a good investment?
by
cryptodude
on 12/02/2024, 23:00:05 UTC
The decision to invest in any altcoin is entirely up to you. Because different people will give different opinion which you may not like. Moreover, hope may not yield the expected results. You must do your due diligence before investing. Currently I think Cardano (ADA) will not be able to cross its previous ATH very easily. I would say invest in Bitcoin and ETH.
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Topic
Board Speculation (Altcoins)
Re: Any advice for invest my first 600$ in altcoins?
by
cryptodude
on 12/02/2024, 22:55:06 UTC
Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
Tokens of your choice are of course much better. Which is expected to perform well in 2024. The investment strategy includes buying 50% of your core assets in Bitcoin and 30% in Ethereum (ETH) and the remaining 20% in other alt coins, but investing in Bitcoin and Ethereum (ETH) should be long-term.
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Topic
Board Speculation (Altcoins)
Re: Buy more ETH.....
by
cryptodude
on 12/02/2024, 22:46:44 UTC
Whether to buy more Ethereum (ETH) depends on your personal investment strategy and market analysis.  Ethereum (ETH) is a long-standing leading blockchain platform powering centralized applications, finance, protocols and a vast array of non-fungible tokens.  So I think buying more Ethereum (ETH) is definitely a good investment decision.
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Topic
Board Speculation (Altcoins)
Re: Solana - Is it still good to buy or it's FOMO
by
cryptodude
on 12/02/2024, 22:38:44 UTC
Determining whether Solana is a good investment or a result of FOMO (fear of missing out) depends on various factors including your investment goals, risk tolerance, and the current market conditions .  Solana's groundbreaking technology and growing ecosystem have attracted significant attention from users.  As a result its value has increased.  Understanding Solana's fundamentals by conducting thorough research and assessing long-term performance can help investors avoid succumbing to emotion driven valuations.
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Board Altcoin Discussion
Re: Dead Coins: Over 50% of Cryptocurrencies Have Failed
by
cryptodude
on 12/02/2024, 22:26:25 UTC
The cryptocurrency market has seen a proliferation of projects over the years.  But a significant portion of them have fallen.  Based on various analyzes and opinions it is known that more than 50% of cryptocurrencies can be classified as dead coins.  Which means they are no longer actively traded or maintained.  The volatility and speculative nature of the cryptocurrency space has contributed to the demise of many projects.  So do your own research before investing in digital assets.
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Topic
Board Altcoin Discussion
Re: What is your view and your opinion about Ethereum?
by
cryptodude
on 12/02/2024, 22:04:51 UTC
Ethereum as a blockchain platform has had a profound impact on the cryptocurrency and decentralized finance landscape. Ethereum was the first to introduce the concept of smart contracts that enable developers to create and execute decentralized applications .  Despite challenges such as high gas fees and some other issues, attempts are being made to address its limitations with upgrades such as Ethereum 2.0.
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Board Altcoin Discussion
Re: What is the largest meme coin ever?
by
cryptodude
on 12/02/2024, 21:59:23 UTC
Some of the biggest meme projects I've seen include SHIBA, PEPE and DOGE coins. The DOGE coin which is currently in the hands of Elon Musk has brought about a lot of changes
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Board Altcoin Discussion
Re: Upcoming altcoins
by
cryptodude
on 12/02/2024, 21:55:52 UTC
New altcoins are hitting the cryptocurrency market every day. Among the upcoming altcoins currently Jupiter (JUP), starknet (STRK) and Binance Launchpad Token XAI and Pixel could perform well in 2024. This is my personal opinion but you should do your own research before investing.
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Board Altcoin Discussion
Re: Solana blockchain
by
cryptodude
on 12/02/2024, 21:51:31 UTC
Solana is a high performance blockchain platform designed to support decentralized applications and projects. Solana creates a promising eco-system of use with its own thought-provoking transaction speeds. Capable of processing thousands of transactions per second. That is why Solana has attracted the attention of users as an effective solution.
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Board Bitcoin Discussion
Re: My first Bitcoin
by
cryptodude
on 06/02/2024, 18:29:28 UTC
Welcome to the crypto world. Regardless of the amount, it is important to start. Hopefully you will be a large holder in the future in the range you started with. Which will help you to make more profit in future. Investing in cryptocurrency requires a lot of courage. Because you can't invest in Bitcoin without knowledge and courage. I first started with $124.
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Board Bitcoin Discussion
Re: What does BTC mean to you?
by
cryptodude
on 06/02/2024, 18:22:49 UTC
Bitcoin to me is a digital currency, which is completely decentralized. Through which we can pass on a better landscape to future generations. However, many things can be done with Bitcoin these days. Such as money transactions, savings, shopping etc. Moreover, Bitcoin has been fully legalized in some countries. Although Bitcoin is now illegal in many countries.
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Topic
Board Bitcoin Discussion
Re: Bitcoin an opportunity like land
by
cryptodude
on 06/02/2024, 18:18:12 UTC
Buying and holding Bitcoin is better than buying and holding land. If you notice that no matter how much the value of a land increases, how many times can it increase in ten years? But if you look back at Bitcoin, you will understand what Bitcoin has done in its history. If you buy and stack bitcoins, you can earn extra profits as the price of bitcoins increases. So I think Bitcoin gives better returns than land.
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Board Bitcoin Discussion
Re: The Future of Bitcoin in a Cashless Society
by
cryptodude
on 05/02/2024, 17:35:06 UTC
We have now entered a largely castleless world. At present, many people have entered the cashless mode, which facilitates transactions through fiat money cards and online apps.
However, Bitcoin can take us to a completely cashless world. Because having wealth in it means owning your own bank. However, we cannot go to a completely cashless society so easily. Moreover, much depends on how much you value privacy over national security and safety.
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Board Bitcoin Discussion
Re: Can bitcoin be stolen?
by
cryptodude
on 05/02/2024, 17:24:58 UTC
Not only crypto assets but also fiat money are stolen in the online environment. Who do you blame here?
Most of the times we destroy our own security because of our own reasons. If you can't keep the keys to where you keep your assets, there is definitely a chance of theft. I would say if you have a lot of assets then definitely use a hardware wallet.