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Showing 20 of 524 results by niall51
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Board Altcoin Discussion
Re: What's next in the memecoin cycle?
by
niall51
on 23/03/2024, 18:47:09 UTC
There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

I think the memecoin cycle is because before the bullish hype, memecoin started to rise again, lots of people bought memcoin so they could get rich quickly and there were also a lot of memecoin listings on big exchanges because of that, community interest started to transition from altcoin to memecoin, but that was only temporary, I think because You could say that the person who buys it first is the one who profits, just like gambling, that's what I think
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Topic
Board Altcoin Discussion
Re: Should I buy BNB now?
by
niall51
on 23/03/2024, 18:41:20 UTC
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

never time the market, buy if you are mentally prepared and so on because if you keep delaying you will miss out on making your own BNB, it's still very worth it to buy now, my prediction is that BNB can still rise 2-4x in times of bullish market
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Topic
Board Altcoin Discussion
Re: Meme and Alt Coins investors, how do you treat with your conscience?
by
niall51
on 23/03/2024, 18:36:30 UTC
To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

As for altcoins, I choose long-term ones because I don't dare buy altcoins for the short term, while memecoins I buy only 5% of my portfolio and consider it money lost because I can't have high expectations about it. My goal of investing is for the future and long term, right? short term that interferes with daily effectiveness
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Topic
Board Altcoin Discussion
Re: Invest Only In a Coin that Increase in Value in this Bull Run.
by
niall51
on 23/03/2024, 18:29:51 UTC
In my opinion, invest in altcoins that have the potential to rise and have interesting projects in the future or that are founded in this light. Avoid altcoins that you don't know what you are buying. Still do thorough research. Do your own research so you don't experience losses. ETH, SOL, MATIC and The top 10 coins on Marketcap are very suitable for beginners but you need to remember that this is a lot of investment advice do you own research
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Topic
Board Economics
Re: Economic Crash may take bitcoin to 1M dollar
by
niall51
on 23/03/2024, 18:17:48 UTC
According to the Finbold article, ‘Rich Dad’ R. Kiyosaki predicts Bitcoin to $1 million if the economy crashes. This is food for thought for those who are foreseeing the economic crash and are unable to find a safe haven for their investments.

Due to the current economic situation and the BRICS, the crash of the dollar seems obvious. Although it will not happen instantly as the US Government will bail out packages in order to maintain the dollar value, however, the question is for how long?

Some people are of the view that if there is an economic crash, then the stock market and the commodities market will crash and so will the bitcoin price will tremble. This may happen but I think the bitcoin will recover quickly and people will invest in the bitcoin. And who knows bitcoin may not fall at all if all this happens in a slow and steady fashion.

That's right, because influential people in the world and big companies have started to adopt Bitcoin, many Bitcoin holders don't want to sell their Bitcoin because they think Bitcoin is one way to maintain their wealth, especially with the limited supply of Bitcoin, so people are competing to own Bitcoin. Due to the scarcity of Bitcoin, it is very possible for Bitcoin to reach 1 million US dollars, that's my view
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Topic
Board Altcoin Discussion
Re: Ethereum vs Solana
by
niall51
on 22/03/2024, 15:39:15 UTC
I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.

you can divide it into 60% ETH and 40% SOL. These two altcoins have increased significantly and many interesting projects have been established on these two altcoins and both are very attractive and in demand among the world crypto community.
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Topic
Board Speculation (Altcoins)
Re: Will ethereum be profitable anytime in the future?
by
niall51
on 22/03/2024, 15:36:09 UTC
With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?

I don't think so because electricity bills are high and some changes to the ETH mining algorithm are not worth it because they don't cover the results in my opinion
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Topic
Board Altcoin Discussion
Re: How high will altcoins fly?
by
niall51
on 22/03/2024, 15:29:02 UTC
Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as  the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this

yes, I also hope that will happen, but I have also started paying in installments on several altcoins from now on, don't ever time the market, it's better to start from now than not at all, no one can predict the market 100%, my advice is to buy from now the more we fall behind
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Topic
Board Speculation (Altcoins)
Re: I’m done with trash coins!! Looking for something promising
by
niall51
on 22/03/2024, 15:07:03 UTC
I’m fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.

So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.

While this is indeed temporary, I’m looking for stupid cheap but promising in long run, not necessarily moon this day and tank tomorrow

maybe coins that are still cheap, I can say that Solana and ETH are still relatively cheap now and are very suitable for long-term holding and are also more promising than buying memecoins which are only temporary hype and not suitable for the long term. Many people become millionaires by buying memecoins, but there are also many who losing money there, buying memecoin is the same as gambling, you have to go in quickly if you want to buy it, if you are even a little late, you will lose your money, that's what I think, but remember, this is not financial advice, still do your own research.
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Topic
Board Altcoin Discussion
Re: Why not try out a less popular but promising token?
by
niall51
on 22/03/2024, 14:43:30 UTC
cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here. Grin Grin

There's no harm in trying to look for new projects. It's true that we have to learn something new so that we enter earlier than other people and we are ahead of other people. We can also make maximum profit, but we need to remember that new projects have quite high risks, so Therefore, you have to be careful about it and have to do your own research
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Board Altcoin Discussion
Re: Memecoin hype getting higher
by
niall51
on 20/03/2024, 16:41:16 UTC
It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

It's true that many people have become millionaires from memecoin, but you need to remember that there are also many people whose money has run out. Investing in memecoin is very risky, it's just hype and not very suitable for the long term, but if you want to make your money multiply quickly, maybe memecoin is very suitable for you or for bought but need to remember the risks
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Topic
Board Economics
Re: Everything is over priced but people keep spending
by
niall51
on 20/03/2024, 16:31:04 UTC
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

to get out of there, level up your skills, look for a side job, save 80% of your salary to invest and reduce useless expenses, avoid debt because if we just work and the money just runs out then we will work forever
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Topic
Board Altcoin Discussion
Re: Why you need to have spare USDT in this bullrun.
by
niall51
on 20/03/2024, 16:21:24 UTC
It's true that we have to set aside our money to invest in this bull run because this opportunity only comes once every 4 years, maybe once a generation because the cycle times are very different, so maximize the bull run to get lots of profits in this bull run.
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Topic
Board Altcoin Discussion
Re: should i invest in new project?
by
niall51
on 20/03/2024, 16:14:38 UTC
of course we have to look at new narratives and new projects because technology is getting more sophisticated day by day and to join a new project you have to research it more deeply whether the project is worth it or not looking at community and so on.
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Topic
Board Economics
Re: What class of an investor are you?
by
niall51
on 20/03/2024, 16:06:12 UTC
I might be a research type of investor now because I have gone through Ponzi schemes and other types of investors because I have to learn from the past so as not to experience losses, do deeper research on what we want to buy and stay away from investments that we don't know what they are. we buy
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Topic
Board Economics
Re: Isn't it all about money?
by
niall51
on 16/03/2024, 10:55:37 UTC
What's the essence of all the hustle and bustle and learning and reading and keeping all the sleepless night? Isn't it all about money?

What if I don't want to go through all these process, don't care if I'm a graduate or not or if I'm good at speaking good English or not buth I'm just focused on how to make the money and end up making the money, won't the end justify the means?

I sometimes feel that some of these ideal process that has been accepted by the majority of the people in the society as a part to be taken to greatness is too complex. I mean, we can just learn how to read and write and focus on how to make money. Those who want to become engineers can choose to do so but those that don't want to pass through those route shouldn't be seen as less of a person because at the end of the day, it's mostly all about money.

It's true that the most important thing is money, but knowledge is no less important because if we have the knowledge and skills, we can make much more money. If we don't have knowledge, we will be employees and we will always learn things that are important and useful for your future because at the end of the day it's also just about money
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Topic
Board Economics
Re: How to survive hyperinflation?
by
niall51
on 16/03/2024, 10:36:33 UTC
How do you strategically navigate hyperinflation to safeguard your financial well-being?

Would you invest on crypto, stocks or household when the cash is not the king?

For me personally, so that my wealth is not affected by inflation, I will buy Bitcoin, most of my assets, buy gold too and buy valuable luxury watches because they are easy to carry everywhere, I will not save money in cash, we know fiat every year. If hyperinflation occurs, many of our assets are in the form of cash, then the value of our money will definitely decrease
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Topic
Board Altcoin Discussion
Re: Help me to invest altcoin now
by
niall51
on 16/03/2024, 10:13:42 UTC
I want, after the noticeable decline today, I want you to advise me on some currencies to invest in. I have two thousand dollars to invest. I want you to give me a list of digital currencies to invest. What do you advise me?

My suggestion is that with 2000$ you divide it into 2 parts, 1000$ and 1000$, buy ETH and SOLANA for beginners, I'm sure these 2 coins will reach their all time high again. I personally bought the 2 coins, ETH and SOLANA, to prepare for my bull run. but before you buy, please research first, don't listen to me, stick to your own research 100% because there are no guarantees, there is definitely profit or loss, no one can predict that.
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Topic
Board Altcoin Discussion
Re: What do you do with your altcoin holding with low value
by
niall51
on 16/03/2024, 10:00:18 UTC
For those of us that are into altcoin signature campaign and have accumulate some in your wallet, what do you do with it since some of them has low value at the moment if you check their current price?

Do you keep holding it hoping that the price will finally come up since it seems you can't actually trade it with it current value.

Will the altcoin become valueless after the campaign is over or could still gain value after some years.

It depends on the campaign we are participating in. I personally first see whether the project is good or not and see who the bounty manager is who organizes the bounty, then I join the bounty campaign and I don't expect more about the prize because it can be said that sometimes luck also applies, that's why I Usually, when I get a prize, I sell it straight away. I hold it for a week at most, because in my personal experience, the exchange rate for prizes drops by 50% on average, that's why I sell at the beginning. That's why the prizes from the campaign have gone down because on average those who get prizes immediately sell their tokens.
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Topic
Board Economics
Re: Early exposure of children to wealth and investments
by
niall51
on 16/03/2024, 09:30:54 UTC
The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

the importance of investing must be taught to children at a younger age so that when they are not surprised at how difficult it is to earn money and investment is the only thing that makes money work for us to work for money but we have to teach our children slowly and make them like what it is first. In my opinion, investment is a way to educate children so that they know the importance of investment