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Showing 9 of 9 results by dewcanon
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Topic
Board Bitcoin Discussion
Re: Best time to buy BTC NOW?
by
dewcanon
on 26/01/2024, 21:49:51 UTC
The truth, that the best time to buy BTC was always in past. If you really want long term investments, no matter when you buy it, just hold and add every month add some to the pot.
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Topic
Board Altcoin Discussion
Re: Bounty Notcoin
by
dewcanon
on 26/01/2024, 16:46:25 UTC
Notcoin now has a trillions in supply... I believe this coin worst almost nothing.
Post
Topic
Board Altcoin Discussion
Re: why decentralized Storage is cheaper than centralized?
by
dewcanon
on 15/01/2024, 16:00:09 UTC
The reason is quite simple and obvious

Decentralized storage use less money to operate their servers compared to centralized storage the examples you have mentioned are all big names large corporations are expensive because they are operating on a large scale hence why their services are much more expensive than the centralized ones

I believe the primary reason is not the cost of the service, but rather the marketing. Google, Amazon, Dropbox, and Apple invest billions of dollars to lure users into subscribing. Almost all of them end up utilizing less than what they pay for, such as 30% of a 1TB subscription.
Post
Topic
Board Mining (Altcoins)
Re: Notcoin mining
by
dewcanon
on 15/01/2024, 15:44:36 UTC
The public launch of Notcoin is set for January 27, according to their Twitter. With a supply in the trillions, I believe the fair price will include six zeros after the comma.
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Topic
Board Bitcoin Discussion
Re: Bitcoin ETF Approval; Price dumps, what Next?
by
dewcanon
on 15/01/2024, 15:20:44 UTC
How can it be at the $30k mark if the mining price, after halving, will be $36k? I believe we might see Bitcoin surpassing the $30k threshold if something significant occurs again with top crypto markets, such as Binance.
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Topic
Board Bitcoin Discussion
Re: Wallet suggestions?
by
dewcanon
on 15/01/2024, 14:53:36 UTC
If you want real safe solutions, use cold wallets. The problem is only that they not support all of the altcoins. Ledger or Trezor is a good choice. Cheers  Wink
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Topic
Board Speculation (Altcoins)
Topic OP
Does the CHIA (XCH) coin have growth potential?
by
dewcanon
on 08/01/2024, 15:53:26 UTC
Hello, everyone. Over the past two years, I have purchased 120 XCH, and my average buying price remains at $184. The developers have decided against conducting an ICO in both 2022 and 2023, opting instead for the transition from energy-efficient coin farming to regular GPU mining (plots that required for proof are now created on GPUs). My question is whether it is worth waiting for this year or the Bram Cohen's coin have no chances against altcoins like ETH and Sol ant it's time to record a losses?
Post
Topic
Board Speculation (Altcoins)
Re: Terra LUNA revival Imminent
by
dewcanon
on 08/01/2024, 15:40:00 UTC
I believe coins like Luna hinder Bitcoin adoption and signal to individuals not well-versed in crypto that it is too risky. So, who will propel this coin, and for what reason?
Post
Topic
Board Speculation (Altcoins)
Re: What altcoins would you invest $ 1,000,000 in?
by
dewcanon
on 07/01/2024, 22:14:54 UTC
To be honest, I would not not use my whole $1,000,000 to invest in Altcoins. This is so risky as you never know the possibility of making profits. Altcoins are damn so risky especially the new ones so it's best I either split the money into 4 or 3 parts the bigger portion goes for Bitcoin then the others go for different Altcoins. When dealing with Altcoins you don't need to put all your eggs in one basket.

I believe that investing in altcoins is akin to angel investing in startups, whereas investing in Bitcoin is more comparable to investing in Apple. The potential for capital growth is greater with altcoins, but the associated risks are significantly higher than those in Bitcoin.

So my lists:
64 ETH to become validator $160k
$200k NEAR
$140k Solana
$100k XRP
$100k Link
$100k Atom
$50k SEI
$50k AVAX
$50k TON