Search content
Sort by

Showing 10 of 10 results by cyclinginvancouver
Post
Topic
Board Speculation (Altcoins)
Re: Want to invest
by
cyclinginvancouver
on 12/05/2022, 17:12:28 UTC
Goodmorning, i’m not new in the world of crypto but I never did an investment for lack of money, but now I recived a good amount of money and i want to buy&diversify my portfolio.
So I just bought a Ledger Nano X and want to know which are the best project to invest.
I always look with interest at $GNT, for their great  idea of decentralizing computing and $BAT , and other suggest?thanks Smiley


Invеst in the coins which have good utilities and features that you can think can bring real-demand. Go into gaming projects people are really crazy about them.

Keep in mind all coins (good one) Give profits if you hold it for a specific period of time as for me the holding the patience always pays off.

Good luck.
Post
Topic
Board Altcoin Discussion
Re: NFT could grow 35% by 2027
by
cyclinginvancouver
on 12/05/2022, 17:02:01 UTC
It is somewhat surprising how NFTs are increasing, we hope that in these 5 years in the future they will be able to spread more. With the news reflecting growing interest in the non-fungible token (NFT) space among current investors, new research predicts that the current $3 billion market size will reach $13.6 billion by the end of 2027.

Quote
In the next five years, the key factors linked to the global rise of NFTs will continue to be the growing involvement of influencers, gaming communities, and the growing demand for digital artwork.

Interestingly, the Mexican women's team was made known, launching a new NFT collection.

Source of the Mexican women's team (In Spanish): https://es.cointelegraph.com/news/mexican-womens-soccer-team-launches-new-collection-of-nfts

The trend of the NFT market was also revealed, here is an image:

Image: https://s3.cointelegraph.com/uploads/2022-05/0ebd8131-9816-4613-ab52-18330ed9db66.jpg

Global NFT Market Trends.
Source: MarketsandMarkets


Also MarketsandMarkets cited this trend:

Quote
"APAC countries are emerging towards constant developments and market launches in the given sector to offer creators and buyers the same opportunities in the ecosystem."

Source (Spanish): https://es.cointelegraph.com/news/nft-market-well-positioned-to-grow-35-into-a-13-6b-industry-by-2027


The realization is still very lacking in the NFT field itself so there is not much ownership of NFT in everyone at this time and it still makes some people hesitate to buy more NFT, whether it is stored or for trading on certain platforms.
Post
Topic
Board Altcoin Discussion
Re: What is the best decentralized stablecoin?
by
cyclinginvancouver
on 16/03/2022, 14:38:04 UTC
I reckon the best time to begin your plan for the bear market is to do it during the bull market. I want to hold American dollars or a dollar equivalent when the bear market arrives, however, I do not feel safe holding centralized stablecoins like USDT, USDC or BUSD. What are the decentralized stablecoins can everyone of you recommend?



The best decentralized stablecoin is DAI. There's no need to look elsewhere. The stablecoin has a large liquidity and a wide number of projects supporting it every step of the way. Despite the numerous benefits surrounding DAI, not many merchants and businesses accept it as payment method. The number of exchanges trading DAI are a lot smaller than those trading centralized stablecoins like USDT and USDC. With centralized stablecoins, the peg is determined by real world assets (mainly Fiat) stored in the issuer's bank account. But in the case of decentralized stablecoins, everything is governed by algorithms. Crypto collateral is used to help maintain a decentralized stablecoin's peg relative to Fiat (USD). I'd prefer a decentralized stablecoin to store my money long term than a centralized stablecoin just because the risk of loss is minimal.

Ultimately, you decide which stablecoin to use among many of them trading on the market. As long as you diversify your investment into more than one stablecoin, you'll have nothing to worry about. Just my thoughts Grin
Post
Topic
Board Speculation (Altcoins)
Re: What's the $500 for? NFT or Coin!
by
cyclinginvancouver
on 16/03/2022, 14:31:43 UTC
I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

It all depends on how much you like the risk. If you choose the NFT project, then you can earn a lot or lose a lot. If you choose a coin that is much stable on the cryptocurrency market such as BTC or ETH then the investment is much safer. The choice is yours. Wink
Post
Topic
Board Altcoin Discussion
Re: Viable Altcoin for the moment
by
cyclinginvancouver
on 16/03/2022, 14:25:38 UTC
Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.


That 2 coins you mentioned is no question, a fundamental coin that is worth risking our money. But some small investors like to research those altcoins that are currently reached by their funds. They can buy a fraction of ETH and BNB but most of them want to buy a whole that's why they are looking for cheap coins and hope that someday, it will reach a high price.

It's a hard task but with the right research, they can pick a better one.
Post
Topic
Board Speculation (Altcoins)
Re: What's the $500 for? NFT or Coin!
by
cyclinginvancouver
on 07/03/2022, 10:07:26 UTC
I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

I think the current NFT is a good choice where at the moment the NFT project is very busy so if there is any possibility to take a lot of profit but what must also be taken into account is that for the future it will not necessarily last like it is now and if you choose to buy for the future coins are much better. both have advantages and disadvantages of each maybe you can consider it and understand all the possible risks that will occur in the future.
Post
Topic
Board Speculation (Altcoins)
Re: I need some Altcoin to hold longterm :D
by
cyclinginvancouver
on 07/03/2022, 10:00:55 UTC
Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.

Thanks for all response

I recommend you to these altcoins cuz at these moments is increase the price and it is the very cheapest coins:-

DASH
IOTA
NEM
ETH

You could check this altcoins
Post
Topic
Board Altcoin Discussion
Re: What altcoins would you invest $ 1,000,000 in?
by
cyclinginvancouver
on 07/03/2022, 09:52:02 UTC
Hi everyone!

We are all partly investors, we are trying to find the token that will bring us good x2x5x10... We will scatter our several thousand in different places with the hope of a good income. Feel free to manage your deposit, take into account risk management, etc.
But the situation is interesting, imagine that things are going well and at one point your deposit is $ 1,000,000.
What would you do and how would you behave? What altcoins would he invest in? Perhaps you would keep in stable positions while waiting for a great situation to enter the market?
What altcoin / altcoins would you choose and what would you invest your million in? Huh

I think the best option now, given the risk-to-return ratio, is: 

$NEAR   

$FLOW   

$DOT


If you have that amount of money it is unnecessary to take huge risks, the spread of your funds needs to change according to the capital and the strategy you want to use.

Someone with that amount of money probably can get more through their job so the most important thing for someone like them is not huge short term growth but long term certainty, and the only coin that can offer something like that is bitcoin, so probably an allocation of 90% to 95% in bitcoin would be adequate with the rest invested in some altcoins that you are interested in, that way if you lose that 5% you are not going to be that affected as in terms of fiat bitcoin will probably go up more than that during that same time period.
Post
Topic
Board Altcoin Discussion
Re: What is the best decentralized stablecoin?
by
cyclinginvancouver
on 05/01/2022, 21:32:03 UTC
I’ve always tried to avoid investing in play-2-earn projects because basically all their promises dash when you read their whitepaper, but, you know, each rule has exceptions. RасеFi gives everyone a full understanding how it works, where the money comes from and how you can get it. It won’t have any trouble rising in such a pile of shit projects
Post
Topic
Board Speculation (Altcoins)
Re: Want to invest
by
cyclinginvancouver
on 05/01/2022, 21:22:47 UTC
RАСЕFI  has already been listed on many platforms and the results make me fully understand that nothing can stand in the way of RасеFi success