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Showing 20 of 190 results by qigong13
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Topic
Board Altcoin Discussion
Re: Is Trading Volume an important metric ?
by
qigong13
on 04/07/2022, 17:13:41 UTC
Trading volume has a huge impact on the success of the project. It simply means that it is active on the market and lots of investors trust the whole project. It could increase the volatility of a coin which will also be profitable for most traders. Nowadays, fake volume is also existing for some developers to hype the project so we must be skeptical and careful. It's still important to do research first.
Most top altcoins on CMC boast about their daily trading volume to show and convince investors that their coins were stable. Huge trading volume is a desirable trait that most alts want to attain which leads to fake trading volume as you mentioned. So yes, trading volume is an important metric.
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Board Trading Discussion
Re: trading is good for traders with passive mindset
by
qigong13
on 04/07/2022, 16:01:42 UTC
Being consistent is not easy and I think only people who are serious and willing to learn can do that,
Besides that, patience is also an important thing that must be owned by traders.
especially with uncertain market conditions, it becomes a test for traders
Uncertain market conditions make traders learn more because that can help them analyze the market situation. If they could learn more about trading, they would be able to determine when to enter and exit the market. But indeed, patience is important for traders because they can hold their coins when the market situation is down. They must realize this if they want to survive in any situation because we don't know what will happen next.
Uncertain market with a lot of new things going on, new trends being set since this is crypto, mind you. It meant anyone thinks they can follow a certain pattern, same trick used twice or more won't have the same effect. So even if you are passive, have learn a lot over time, it isn't enough to keep you consistent aka guarantee of profit no matter what the market condition is.

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Topic
Board Altcoin Discussion
Re: The Opposite always happens
by
qigong13
on 03/07/2022, 15:01:12 UTC
There are always two sides of the argument. People say the Bitcoin price will go down, and some say it will go up. If we follow the logic of "opposite always happens", should we follow the minority side then? No, Bitcoin and cryptos don't work in that way.
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Board Speculation
Re: Are you ready to see Bitcoin at $10 000?
by
qigong13
on 03/07/2022, 14:56:51 UTC
No one can actually predict the absolute bottom, just buy in bit as the price go down, a lots of people are expecting bitcoin at 10k -15k as bottom but no one actually knows where it will bottom at, I won't be surprised to see bitcoin at such price because it seems like this bear season is going to be more brutal than the previous ones, imagine all the way from $60k+ down to 19k+ presently
Even if we can see the bottom, it will come in very abruptly. Only a few would be able to get their order filled at that bottom price. Most wont so don't waste your time keep looking for it, DCE around that price is what everyone should do.
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Board Altcoin Discussion
Re: Does staking even make any sense
by
qigong13
on 02/07/2022, 20:13:56 UTC
Some people want to invest in cryptocurrencies but doesn't keep track or are active in the market. So to those people? Yes, staking makes sense to them as they only hold for the long term. If they can get a little bit more by doing nothing, passively then why not?
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Board Bitcoin Discussion
Re: Strong Hands Are Buying
by
qigong13
on 02/07/2022, 19:11:19 UTC
Yes indeed. I believe this is the last time bitcoin is falling, we wont see such huge falls in crypto in future. The  main reason of this fall were the scams due the shit coins. However the rich and strong are buying because they know very clearly that this fall is temporary and bitcoin will regain its value and will prove to be a good asset in future. So keep Hodling your coins, your grandchildren will be proud of your prudency someday
For this week or month maybe, but next month or so, the price will decline again. I am not saying that I am not optimistic anymore but I am only saying the possibilities here because bitcoin is not a stable coin you know. And I don't think the main reason for this dip is the scams going around because if we think about, there are also scams that are happening before but why the market seem to be not affected with it?

It's just that scams have happened while we are currently experiencing a bearish run, making it appear that it was the reason for this drop. Yes only the strong will have the guts to invest but not totally the rich. Poor person can still afford to invest a little.
It's always the strong, with a lot of funds can weather out the bearish market or even DCA even more. Normal trader or investor won't have enough fund to keep on DCA if the price goes even lowerand exceed the anticipant of everyone about what kind of price floor here (most likely in the bear market). Yes, only the big fish and whale get out the most of it.
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Topic
Board Altcoin Discussion
Re: Downfall still possible?
by
qigong13
on 01/07/2022, 19:53:47 UTC
Yes, it's possible and it already happened before. Nonresistance coins could even lose their value during a bearish market. We must only invest with strong potential coins that could resist the bearish season. We could expect worse or better because the movement of the market is very unpredictable.
The turbulent bearish season is quite confusing for many people, so it will be very difficult to find the strongest point to make a price reversal. So when making a purchase entry, you must be right by installing the portfolio share option, don't do it all.
The same thing happened 2 years ago, the 2018 crash. Pretty much blew out a lot of useless altcoins or even crippled a lot of top altcoins, that they haven't gotten back their CMC ranks even now. Yes, there will be more downfall, shit altcoins will lose 95% of their value easily. Market correction is a normal thing, only hit harder when it was in a bearish trend.
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Board Trading Discussion
Re: How long do you think the market will take to recover?
by
qigong13
on 27/06/2022, 17:41:08 UTC
I would say to look at the past to get enough of an idea of the present and future.  With this said, it looks like about 2- 2.5 years.  Also crucial will be the next halving event.

Actually, I really don't know either when it will be recover and gets back to its ATH price or the price it was last year. But it will take time to recover , all markets go red/low this year, maybe let us wait for the next halving? or even though just like what I said it will not recover fast but if you are old in crypto you will know that when Q4 starts there will be a chance that we can see green port again.
Heck, even back to $40k-30k before is enough for me, not greedy for the last ATH price. What I fear is there will no recovery to that price for this year, but going down furthermore. The market seem like going sideway too much and just some FUD, FED's bullshit could turn a sideways to red.
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Topic
Board Altcoin Discussion
Re: Elon Musk sued for 258 billion USD over alleged Dogecoin pyramid scheme.
by
qigong13
on 27/06/2022, 16:25:39 UTC
The sue case, it will do nothing to Elon Musk because US count can't make a predecessor case where people have to financial responsibility for the other over some tweets on Twitter. Basically, this is will be nothing burger and most likely someone just want to short Telsa stock by the news.
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Board Economics
Re: Covid omicron version 2.0 monkeypox coming and markets
by
qigong13
on 26/06/2022, 20:09:02 UTC
We haven't recovered from covid, new variants keep appearing and this might make us have a hard time.

Nope, Covid has been long gone. These new variants was just created to continue the global economic downfall, I've always believed in that theory.
Covid in my country is now a joke. During the 6 months election campaign period, people are flocking together to show support to their candidates, thousands if not millions of people flocking in the same place but miraculously no one has been reported to contract covid in the 6 months period.
So, I don't believe Covid still exist.
Covid still exists but it doesn't need to be taken as the highest priority with so many restrictions like before. We've so many effective vaccines right now, to reduce the death rate and lessen its symptoms. Any newest covid variant will be just like that, a normal cold. Looking back, it does feel like a joke years ago without covid vaccines where society completely become chaos. Monkeypox now is even less contagious than covid. I see no reason why we've to back to panic mode like before.
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Board Altcoin Discussion
Re: The hidden gem
by
qigong13
on 26/06/2022, 19:27:13 UTC
I wish we have a good thread on potential "hidden gems" meaning that whoever posts anything about this "hidden gem" project should honestly discuss not only project advantages but potential problems / pitfalls. Pros and cons so that whoever reads it should have a bit of a balanced opinion rather than hearing only good things about the project.

They can't attract anyone if they post possible problems here.  So all they can post are the positive aspects of the project.  That is the easiest path to encourage naive investors.  I agree with you, they should also list the possible problem, and how the developer addresses it.


downside is the high volatility (big price moves)
high risk is needed for the potential of high returns

So how will the project mitigate this high risk so that it can be acceptable when it comes to risk management calculation?

The risk is a feature. No risk, no reward!

If you participate now, you take on greater risk. You can wait for 0.5M$ liquidity to be added, but that would happen at a x20-x40 price appreciation from current prices
It wouldn't call risk a feature when there is a low-risk opinion that you can do to reduce it. Yes, it is a must-has in cryptos but that doesn't mean we should treat it as a normal feature. In this case, hidden gems don't mean they must have zero problems.
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Board Altcoin Discussion
Re: Where should I invest money?
by
qigong13
on 25/06/2022, 17:30:44 UTC
You should put your money to top altcoins as everyone has said. Isn't hard to understand as long as you stay at the top, with strong users base and good amount of trade volumes. It will mitigate a lot of risks compared to other alts. BTC, ETH, BNB, Poly, Sol,...
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Board Bitcoin Discussion
Re: Another 5000 Miner BTC Sent To Binance- another dip?
by
qigong13
on 25/06/2022, 16:37:21 UTC
I'm sane enough to understand where 5000 BTC would be in this market right now. Yes, it's a big amount, but not really when it comes to impact. In this market, there are tons of whale shark deals that on such a scale can cause additional confusion. The current situation has been bleak as many coins have dropped in price since hitting ATH, but the next dumping issue I am looking at is the worsening economic situation, not an easy recovery.
And what do you think when the miner deposited that 5,000 BTC into Binance also has the same thinking? Whale, shark or whatever small fish in the pond as well. This is what set the market in bearish mode with any sign that seems normal could be interpreted as the next dip, a new low -> more sellers than buyers and more volatility. Just like this thread.
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Board Bitcoin Discussion
Re: Bitcoin FUD is for losers. BE A WINNER. Stay Cool- Be Positive =D
by
qigong13
on 24/06/2022, 18:11:24 UTC
In time like this. I usually buy in DCA method while turning off all the notification for my social media and news site so I can’t see any news about Bitcoin. I literally disconnected to the crypto so that my decision on buying will not be affcted by FUD. I just keep on buying and buyin using part of my salary at my job and save my signature campaign salary until Bitcoin finally recover. I don't want to miss the next bull run so I will grab this opportunity to buy below 100k.
Why would you do that? Information is just information, even FUD The one who makes the final decision to buy or sell is you. Let's say in the worse possible situation, Bitcoin got a compromise and everyone rushed to sell the coin, how would you feel if you don't know about it and missed the chance to cut loss? Sound like a lot of people in this thread has become a Bitcoin cultist, not a sensible, cool-head investor anymore.
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Topic
Board Bounties (Altcoins)
Re: 🚧 [BOUNTY] Trophy Stake Protocol Token ______________________________[w/ESCROW]
by
qigong13
on 21/06/2022, 16:01:40 UTC
Proof of Authentication Post
Bitcointalk Username: qigong13
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1157503
Telegram Username: @qiyingyang
Campaign Category Participated: Signature
BSC Wallet Address: 0xCD61ddc9Fd32B583cD0aCDfFBEBD441D40Dd2982
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Topic
Board Bitcoin Discussion
Re: Crypto Scammers put bad impact to Our Government about Bitcoin Transections.
by
qigong13
on 21/10/2021, 18:19:35 UTC
Scammers are everywhere. I don't know why people seem to exaggerate stories about scamming when they hear crypto currencies are involved. I mean they start acting like scams like those would not have happened if crypto currencies didn't exist. People scam using fiat money too. In fact, I think most of the scams are done using fiat currency.
I guess the police were able to get to that scammer because he used crypto currencies (his transactions became traceable). If he has used fiat, he probably would have escaped without any issue.
High tech crimimals are the problem of the 21st century. Just because crypto is the cherry on top of technology right now and threatens the position of fiat so governments and medias tend exaggerate it. You don't see governments tackle the drug problems in Latin American seriously and the media treat it like a normal thing everyday. But when some cunt did something bad in crypto, news about it everywhere "oh no big bad crypto did it again, everyone should not using it!". I'm also tired of their bullshit.
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Board Altcoin Discussion
Re: Don't miss this opportunity to buy and hold BNB
by
qigong13
on 20/10/2021, 19:45:09 UTC
The vast amount of BNB is being used in many use cases so having BNB as a permanent in your holding bag doesnt seem bad at all. While the risk is very low and the chance it increases the price over time is quite high since the burning and being used like that.
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Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
qigong13
on 20/10/2021, 19:32:18 UTC
I remember in 2017 we talked about "the flippening" when BCH was gonna pass BTC .. haha  Grin Grin good times.

But seriously, BCH is very undervalued.
Look at BCH/BTC chart.. The lowest it has been since 2017.
BCH Community growing - BTC heading towards 135k this year (possibly 200k)

some alts will go vertical quickly.


Well, I wouldn't place my bet on BCH's community since... Did you see how conversations are ongoing in this thread? Although many were BCH supporters, still have different ideas about what is the best for BCH, what direction it must go,... discuss not really in a civil manner at all. Yeah, totally not counting on BCH's community.
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Board Altcoin Discussion
Re: Erc20 tokens send fee
by
qigong13
on 20/10/2021, 19:10:53 UTC
I think only BSC, TRON, SOL, etc are lower transaction fee over ETH. It was long time that the transaction fee of Ethereum is the problem of investors because the gas fee is so unfriendly. More people thought that the update in London could solve the problem. But it didn't happen. The transaction fee is still expensive.
The transaction fees is hurting the investors and the projects who are using their platform and the project developers need to find alternatives especially NFT projects so that the end user is happy with the way things are. The promise of a lower fees after the upgrade is just a promise and unless we see any gradual change in the network fees, there is no point in holding the coin even as an asset.
Already saw many new cryptos choose Sol and BSC as their main stay to roll out their projects instead of ETH because of the higher fees. This is unacceptable and ETH losing many valuable projects to enrich its token chain even more. Might as well lose the NFT trend to Sol and BSC.
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Topic
Board Altcoin Discussion
Re: Which coin you hold for Next Bull Run
by
qigong13
on 20/10/2021, 18:35:57 UTC
SOL and ADA. SOL has been pumped so hard so most people were against the idea to buy it or look forward to its next bull run but I think this coin still has a lot of room to grow and many NFT coins going to flock over its network pretty soon. For ADA well I think the inactive for its in this year so there might be a chance it was overlooked look and I'm waiting for its pump at the next bull run.

Well, why did ADA grow well this year, I think the holders were very happy (those who waited), and even now there is still a good potential.
I disagree with you about SOL, but ADA is a very good option.
Not really sure about ADA, as it was because it never show such significant market growth this year and I'd never think he can perform so well just like 2017. If I do hold some altcoins, ADA is probably not on my list, I'd rather have to choose those hot coins and high trading value. That of course, BTC is on the top and followed by BNB, ETH, and I may take some consideration to SOL and Axie (NFT). Well, I guess, I shouldn't have to buy more coins this time as the rally has started already.
Yeah and that's my point, since there are many coins from before that did very well this year while ADA still has not any exception growth makes me think it ought to have one in the order. Consider it just wild guess and luck. Nah, I give up on hope it can perform so well just like 2017 as the market today is completely different.