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Showing 20 of 377 results by efreeti
Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.
They took the risk as well, but the decision is right because that price is 50% off from Bitcoin's ATH. I would do the same as I know somehow bitcoin will bounce back and we are already seeing it now, however, there's still a risk as there's no assurance that the current pump we are witnessing will continue.
As the market is so unpredictable, we need to make a good game plan.
I know we are often following patterns and patterns taught us that whenever Bitcoin drops, it will bounce back better. But there is one thing beyond doubt and that is, that the day will come where Bitcoin won't bounce back better. For now we all believe to know that there is so much room to grow that it will still hold true, but at what point would even the strongest believers become skeptical that Bitcoin will recover from a 50% drop?
it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge
Long journey? Nothing is difficult for Dogecoin when Elon Musk still supports it, because what made Dogecoin run to this day is Elon Musk, so as long as Elon Musk is around, nothing is impossible for Dogecoin, and look at the fact again that Dogecoin has been accepted on many major platforms like Coinbase Merchant.And if we look at today's bullish market conditions, then Dogecoin's journey to $1 is very close and it's possible that Dogecoin's price will touch $2 or $3 when the bull market reaches its peak.
Hm, doesn't that go a bit too far? It is not like Dogecoin came from nothing. Dogecoin surprised the cryptocurrency community for many years now as for some reason it was able to compete with the top coins for quite a while and nobody really understood why. Now that Musk showed up, Dogecoin got even more momentum of course. That doesn't mean it is going to take over the world. Musk's influence is limited, not least by the rational mind of the average cryptocurrency advocate!
I dont think that we should be worried for USDT, that is safe and for sure most of the investors are using USDT when they are just waiting to buy a certain cryptocurrency. USDT is the best when you want a stable coin or you are waiting for crypto to invest. USDT has also a lower transaction fee compared to other stable coon.
USDT Tether is safe and we should not believe in the fuds related to USDT. If anything wrong happen to USDT Tether, the entire crypto market will collapse and i am sure this will never happen.
I am hopeful that USDT Tether will clear their case very soon.
There is nothing to worry about? For how long have you been in crypto? Do you know that a 1:1 backed stable coin can blow up within an instant? Literally, within an instant! It just needs very bad political decisions that get announced right now and stable coins, especially those that are fully centralized are in a hell of trouble. Along with stable coins being in trouble I can assure you stable coin holders will freak out completely. You know what that could lead to.
Don't you want to just join the hype instead of going backwards to projects that have higher risk by now? There are good projects from ICO, no doubt but right now it will be difficult to find those types. Most investors eyes right now are on NFT's and you might want to stay there for a higher chance to make profits in short or long runs. Memecoins are also on the front lines but I don't really recommend that. The chances of being rekt is higher there than going for NFTs. I recommend the gaming industry type of NFTs.
I would say that every niche in the industry has its appeal to investors. NFTs are indeed a hot topic and that is the case for a good reason. Still though there might be some ICOs that need to raise money and do in fact have great plans and the capacity to turn their ideas into reality. I think it is wise to say to have all the sectors under frequent scrutiny. There are so many opportunities in crypto, you just have to put effort into your due diligence and, after all, be a bit lucky. In my opinion luck does always play a role when you put your money to work for you.
Re: Time estimate for Binance Exchange Listing Application Review
No ETA and it's very well explained by CZ on his video https://www.youtube.com/watch?v=pge7JLua0Uo
99% of projects applied to be listed on the binance got rejected. What you can do to hope you will be contacted by the team. CZ gives lots of clue about that. Just try to watch the video and you can take some points from there
99% of projects applied to be listed on the binance got rejected. What you can do to hope you will be contacted by the team. CZ gives lots of clue about that. Just try to watch the video and you can take some points from there
I wonder how intense the due diligence is that the Binance team conducts on all the projects that apply to be listed. There have been projects in the past that were a bit shady or doubtful. Not outright scams but yet surprising they got listed on Binance. These days I guess they have the resources to really make sure no scammers get the chance to sell their tokens on Binance exchange.
Re: Time estimate for Binance Exchange Listing Application Review
You won't get an honest answer from here about the listing in Binance. Since you are wondering to list your token in Binance so hope you read the article about listing in there. If you are missing here is that, Listing a Coin on Binance.com
Quote from: www.binance.com/en/amp/support/faq/115000822512
Binance receives a large number of applications and listings have to go through a rigorous screening process, please be patient after submitting your application.
Here you can see Binance itself can't give you a time frame due to large applications volume. Times won't same for all the projects. I don't know if it is standard or not, but I have heard from some CEOs or project leaders that they have handed in their applications to get listed months ago and haven't even heard back. No, it was not all garbage projects, some of them really turned out to be legit. I guess though that Binance really receives a ton of requests on a daily basis and they have at least a little bit of due diligence to do on their side as well.
Too many ico ieo ido live in crypto world right now, i mentioning you some best ico link below, you can follow them for know more about their.
https://www.crypto-rating.com/ico-rating/
Crypto rating was not good as you said. I have been using this before and too many garbage project listed on that site. icodrop still becomes the best way for anyone as the source to get the legit icos. https://www.crypto-rating.com/ico-rating/
Ico drop owner was also actively giving a clue about what kind of ico that will invested by the community. I think that you can also try to use it dude.
There are bunch of icos will be running at the same time on the various IDO and launch pad. The problem should be if it's quite difficult to get in.
These rating sites became worse and worse. I think in the beginning they tried to be a valuable resource to the community but over time they actually turned into scam facilitators because they gave visibility for not too much money to projects that intended to scam and could reach a big audience by being displayed on sites like crypto-rating.
The controversy over USDT in 2018 and 2019 may have caught the attention of many cryptocurrency users. This certainly makes most people worried and afraid that USDT is not safe. If you plan to keep USDT/EURT for the long term, choose a safer option by storing Tether locally in an official digital wallet (e-wallet).
There are currently no Tether hardware wallets available, but starting in late 2017, AsicVault hardware wallets became available which have support for the USDT cryptocurrency. The official Tether wallet can be used via the browser at wallet.tether.to/app/, but there is also a Tether app for iOS and Android available in the app store.
There are currently no Tether hardware wallets available, but starting in late 2017, AsicVault hardware wallets became available which have support for the USDT cryptocurrency. The official Tether wallet can be used via the browser at wallet.tether.to/app/, but there is also a Tether app for iOS and Android available in the app store.
I think the problem isn't so much that people don't know how and where to store your Tether, but rather whether Tether the currency will hold its promises and always pay back one dollar for each Tether. That is the major risk. If Tether collapses, billions of dollars will collapse along with it within a blink of an eye. I guess that is what people are concerned about. So far it has been holding its peg strong.
Yes that is why I shared the article above. It is indeed impossible to know whether these stable coin providers hold the reserves they claim to hold. What if something like a bank run happens and everyone out of a sudden wants to exchange their Tether for USD? Will they be able to meet the demand? Or maybe did they use the dollars to speculate on the market themselves? If Tether collapses, crypto will go into a new crypto winter.
There has now been even more news that leading officials of Bitfinrx and Tether are investigated for lying to banks in their early days about the purpose of those bank accounts that were opened with for example Wells Fargo. Wells Fargo demanded that no cryptocurrency related activities should take place with the accounts opened with them. Bitfinex lied and did it regardless. Now the Department of Justice is probing things and they are going for some high profiles of the company.
I think, $1 is not impossible cause doge ath was $0.83 which is so far to hit the $1 value. Besides due to elon mask, doge already gain enough fame among people and got huge investment on it But yeah i guess, if it hit around $1, it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge
I also think it will take a long time if it really wants to reach $ 1, because we all know that the Coin Trend meme can't last a long time, even people start leaving this trend and starting to focus more on real coins than hoping for the meme coin Like Doge even supported by an Elon.
You never know what Elon Musk has in the pipeline for Dogecoin. He publicly said he wants to support development and I think that might be what he is doing behind the scenes. I actually don't know what he would want any developer do with Dogecoin, but when he talks about crypto he makes a good impression. He understands what he is talking about and he knows what is needed to scale cryptocurrencies. Maybe he'll surprise us once more with Dogecoin.
Panic is a kind of dangerous disease for a trader. If anyone has this disease he can't get profit by trading. So don't be the patient of this disease and take your time to decide where to invest and also research yourself. Don't invest anywhere before researching yourself.
I think we all have a certain threshold when it comes to panic in trading. For some among us that threshold might be really really high, so staying calm even when Bitcoin drops 80%. While for others that threshold is pretty low and they get shaky hands and sweat like hell when Bitcoin drops 5% to 10%. Everyone is different although to some degree you can learn to cope with risk and volatility.
Many got big losses in that dump and still, they are in loss. Now it is time to recover our all loss. This is NFT trend guys so take your full profit with it. I think many have recover their losses in this NFT trend, so what are you waiting for go and take profit.
Not everyone will recover their losses as they might have been forced to sell at a loss, i.e. they are out of the market anyway. For those who held and went through a little sweat, the world is looking better now. Blue sky is ahead of us
Maybe we can soon reach the former ATH again. For now, BTC is rising to $ 40k, it is very likely that it will continue to rise, and what sounds the most is that small-cap altcoins can shine in the market, as many who are buying these coins are taking advantage of it, this articlep describes it:
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000
It is a good option to be able to invest in small-cap currencies, although it can be a double-edged sword, you have to be very careful. and as BTC is trying to fight to stay at $ 40k it is possible that this scenario for the highs will occur.
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000
Quote
The overall market conditions continue to improve following the now denied rumors that Amazon would begin accepting cryptocurrencies as payment at some point in 2021 which helped spark an increase of more than $155 billion in the total cryptocurrency market capitalization over the past three days.
Source: https://cointelegraph.com/news/small-cap-altcoins-push-higher-as-bitcoin-bulls-fight-to-hold-40-000It is a good option to be able to invest in small-cap currencies, although it can be a double-edged sword, you have to be very careful. and as BTC is trying to fight to stay at $ 40k it is possible that this scenario for the highs will occur.
Yes whenever Bitcoin reaches a certain level of stability, which it now seemingly did around $40k, a good amount of money is going into the alt coins. Those are some nice gains in the table and if you go down the list on CMC, it looks quite greenish for a lot of those coins. It's more important now though that Bitcoin can defend that level for a while.
I can see you have more interest in staking, cake staking is good but I think $near is more better off, and also there are so many ways to earn passive income in the Near ecosystem.
Haven't heard of that Near ecosystem. I'll try to do more research about that but do you really think it's nice to stake on cake staking? It seems most of them have low APY I've seen some DeFi which offers more than 1000% APY why do you think cake staking is much better than the other DeFi staking? I just want to ask these things since I want to have a passive but high income.
It seems that quite a few people are talking about the NEAR ecosystem, but I wonder whether it is one of those projects who call themselves Ethereum killer and then never really lift off or get anything done that could threaten Ethereum in the slightest. I am all for competition and it would be great to have another project that causes healthy competition, but most of them just disappear after a while or don't grow significantly.
Everyone knows that many have invested in ERC20 tokens from the Ethereum platform, but do you intend to invest in TRC20 tokens from the TRON platform, if "YES" what token did you buy and please include the reason as well.
it seems that many people have no intention of making an investment on the Tron (TrC) platform as many altcoins have disappeared from circulation and are no longer valuable now. so it is difficult for people who know about crypto to make investments in TRC20 because of the risk of losing assets in the future. because right now people are focusing on BEP instead of TRC.
If there aren't many projects on Trop people might ask themselves why that is. There must be a reason why people don't choose Tron to launch their applications. Perhaps it is because the other platforms are already so massive that launching a project on a rather unpopular platform might lead to missing out on reaching a wider audience.
Personally I invest directly in Tron's native token TRX. We use it to run all transactions on Tron chain that is the 5th in popularity among Blockchains.
Also I have BTC on my Tronlink. As I know, it is not real Bitcoin, it is also TRC 20 with the name Bitcoin, but it is the most comfortable way for me to invest in BTC now, I can do it through this wallet.
Also I have seen one token called NFT. I want to investigate it and buy as well, as nowadays there is a hype around NFT, so investing in this sphere might be a profitable decision.
Also I have BTC on my Tronlink. As I know, it is not real Bitcoin, it is also TRC 20 with the name Bitcoin, but it is the most comfortable way for me to invest in BTC now, I can do it through this wallet.
Also I have seen one token called NFT. I want to investigate it and buy as well, as nowadays there is a hype around NFT, so investing in this sphere might be a profitable decision.
But TRX is still lacking critical mass in terms of projects launched on the network isn't it? I barely read about projects that get launched as a TRC30. I don't know that much about it, but I do hold a certain amount of TRX as I also fell in love with its transaction speed and the cost. That's just freaking amazing, but still, without projects running on top of it there aren't too many reasons for holding TRX other than using it for cheap and quick transactions.
What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.
You can use $ 5k for short-term trading, at least $ 100 you can get every day. But if you do staking, you also have to see if the daily income is in accordance with the capital we spend, if not, then leave that way.
So you are claiming that it is very easy to make $100 per day by short-term trading? I would love to make a bet with you and see how you consistently make $100 per day for a 30 day period. It also depends on the capital you have available of course, but I would even be ok with you to just finish every single day with black numbers. There is no guaranteed income anywhere and the worst method you can try to achieve consistent and guaranteed income is definitely short-term trading.
Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless
I hope others will learn from this
I hope others will learn from this
I've also had a similar incident almost like this in the past on an XLM coin and i store my wallet on web wallet and then they updated their wallet and after few years i back again to crypto activity i couldn't recover the password from that wallet anymore. because their new update not able to recover old wallet. if i calculate , there are several thousand usd there. so completely didnt follow any update so possible to lose access some coin.
Yes I have had the same as well. There was no wallet upgrade or anything, but the service of the web wallet simply discontinued and I didn't take that email seriously. It didn't have an obvious header or the word warning. I thought it is some advertising for whatever and ignored the email. After a couple of months I wanted to access the wallet. Website not up, tried to reach out to them and never got an answer. The coin was quite worthless though, but it was a lesson anyway.
Nope in my personal opinion because it already break out the support after how many days of being stuck above 30k, as of now perhaps 40k isn't enough as it rapidly increasing and in fact i don't see any negative news about bitcoin today and since it made a sudden increased few days ago. so probably there's a high chance that bitcoin will continue to surge within this week base on the percentage and percentage in the market..
To be realistic here negative news could come any time. It is not like negative news get announced in advance because if that is the case, the negative news will immediately be priced in. For now I also don't see any negatives waiting for us, but it could be a political decision that is being made behind closed doors or news from the FED and others. I think that we are good to go for a little while now without surprising news that could have an impact on the cryptocurrency markets.
With the current conditions, the best option is simply to hold the coins you have to be able to wait for the right time to sell them. Of course we have to adjust the capital we have so that it doesn't spend too much of the existing capital, and set aside your capital to buy bitcoins so that it becomes your investment savings.
the potential for bulls to come again this year does exist. or the actual market this year is already at the bottom after the correction that occurred.some people will think the correction will happen again even deeper. but some also think the market will start pumping again.
if we really are at the bottom of the dump, I think the momentum this year will build again from the ethereum updates and influencers who are very active right now.
not to mention the positive news from amazon that made the market strengthen yesterday
I think the Amazon news have shown how really good news can get the market going even though it turned out to not be true as it was publicly portrayed. It looks like the market doesn't trust Amazon's denial and everyone thinks that there is still some truth to the story. If we can have a number of very positive news and some bullish whales in addition, that could be the perfect cocktail to get another serious bull run going during the second half of the year.
What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage.
That's all relative. If you are a massive hedge fund and put 2 billion USD on the line, you might argue that a 5% increase in Bitcoin's price equaling 100 million USD is already very good profit, but for someone who is playing around with maybe double digit numbers like 50 USD or maybe even 500 USD, 5% is nothing in most places of the world. That's the reality. Getting out at 5% + only because you need to buy yourself a bread is bad anyway. You shouldn't be playing around in crypto markets then.