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Showing 20 of 1,030 results by soramon
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Topic
Board Altcoin Discussion
Re: About Altcoins Investment Experience
by
soramon
on 10/12/2023, 15:33:35 UTC
I did invest in lots of altcoins and i received many tokens from bounties as reward. I experienced that, most of the tokens turns into shitcoin or dead after a few months. Some Altcoins performed very good for a certain time then all of those lost 90-95% of values and still traded on exchange with so called volume. Thus process is continued. Even top altcoins also replaced by new altcoins. 2017 vs 2023.

Moral: I think BTC and ETHEREUM is better option for investment, Can be trusted blindly, profitable for long. Low Ranked Altcoins, Memecoins and shitcoins are just headache and reason of huge losses in long time. But anyone can invest his money wherever they want.

I once lost all my money in shitcoin, I invested in shitcoin, just follow other people, the lesson taken from there is never invest if you don't know what you are investing in. Stay away from it. It's very simple, just buy long-term BTC and have valuable value, be smart in investing and don't be fomo, keep doing your own research
Post
Topic
Board Altcoin Discussion
Re: Dogecoin (DOGE)
by
soramon
on 10/12/2023, 15:00:36 UTC
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

In my personal opinion, Doge is still memecoin and just hype is not suitable for the long term. The future of cryptocurrencies is still held by Bitcoin in the long term because Bitcoin will attract people to invest in cryptocurrency.
Post
Topic
Board Altcoin Discussion
Re: Top altcoin that you won't buy anymore
by
soramon
on 10/12/2023, 14:49:48 UTC
Some known popular altcoins are eth bnb ada xrp matic etc and so many are available in crypto market where eth bnb is common investment. But i saw some people, buy matic but don't want to go for ada! Some buy xrp but not Interested with solana!

What is the name of that Top altcoin that you won't buy anymore?? Example: i Won't buy TRON(trx) anymore cause it makes me disappointed several time with its stable price since 2017

The top altcoin that I don't want to buy is eth. I would rather buy bnb at a price that is still relatively cheap than eth which is already quite expensive. The thing that I don't like about eth is that if the price is expensive the gas fees are expensive too so I think eth should be stable if It can't be too expensive or too cheap, what do you think?
Post
Topic
Board Speculation (Altcoins)
Re: Time to collect altcoins now or later?
by
soramon
on 10/12/2023, 14:44:04 UTC
Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result

never delay investing, never timing the market, it's better to pay off the altcoin in installments rather than delay. installments are a simple investment strategy because we invest with expectations because if we pay in installments we don't miss the price, what do you think?
Post
Topic
Board Altcoin Discussion
Re: Altcoins profits or bank profits, which best?
by
soramon
on 10/12/2023, 14:36:44 UTC
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).

It depends on you, crypto investment has quite a big risk, but banks are like that, banks can also go bankrupt, many big banks also fall, keep in mind that you also get a definite profit from the bank, 8-10% profit per year, but the currency is also weakening, just the same. It still depends on where you choose and want to put money into altcoins or banks
Post
Topic
Board Altcoin Discussion
Re: Trend or long term projects?
by
soramon
on 08/12/2023, 20:22:37 UTC
Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?


I don't follow coins that are trending because they are not suitable for the long term, but it's like gambling, it's better for me to buy long term coins even though my portfolio doesn't increase that significantly compared to coins that are trending, it can increase up to 1000x but it can also make our money disappear. Just invest in coins that are long term and have a good future because we also invest with the expectation that sometimes investments do not make a profit or loss but also maintain our own wealth. Do you agree with my opinion?
Post
Topic
Board Altcoin Discussion
Re: Ethereum price before Christmas
by
soramon
on 08/12/2023, 20:03:57 UTC
Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

maybe if you say what altcoin is good for preparing for the next bull run, ETH, in my opinion, is the king of altcoins. ETH is still far from its all time high. I think during the bull run, eth will also make new history and you said whether eth can touch 2300$ before Christmas? the price has passed your target and my eth will also hit 3000$ at Christmas but it's just my speculation, what do you think?
Post
Topic
Board Economics
Re: Gold is up to new ATH, silver is up, BITCOIN IS BACK BABY!!!
by
soramon
on 08/12/2023, 19:57:01 UTC
I want my baby back baby back baby back!!! Chilllllllissssss babyyyyyy back ribbbbbsssssss (iconic chili's commercial)  Bitcoin is back baby!!!


OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good!  But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.

Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency?  Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem




it's true, we don't know what will come next year, whether there will be covid part 2 or world war, we won't know, everything can happen, buy inflation-resistant assets such as bitcoin or gold because both of them are resistant to economic shocks, especially bitcoin, that's more easy to carry anywhere just remember the 12 word phrase we can secure our assets can be liquidated anytime and anywhere buy bitcoin now
Post
Topic
Board Altcoin Discussion
Re: Investing altcoins now or during halving?
by
soramon
on 08/12/2023, 19:40:32 UTC
Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now??  Or During/After BTC Halving while you can buy altcoins with low price?

I bought the alt coin from now on because I was panicking. From now on I got knowledge from investment motivation, never timing the market, the important thing is how consistently we buy coins, what we invest in, right, because we don't know what will happen in the next few months if the price We all go up timing the market. What's left is only regret
Post
Topic
Board Altcoin Discussion
Re: IPhone App For Cryptocurrency Price Alerts?
by
soramon
on 08/12/2023, 19:22:11 UTC
I use an iphone.  Years ago I remember using blockfolio as the app on the iphone where it would showed updated cryptocurrency prices and you could add the ones you want as favorites to check them.  You could also enter what price and how much you bought or sold specific coins.  A while later, when I went to update the app, it became FTX?


However the app hasn't worked in a while.  I remember I would set alerts on the blockfolio app such as if a certain coin hits a certain price and there would be an alert.  Which iphone app is good for that now that blockfolio doesn't work anymore?  I want one where you can check altcoins and not only bitcoin.  Also where you could enter transactions such as you bought or sold x amount of coin at x price on so and so date like blockfolio.  Back then it was the best app right?  But now which is it?

maybe it was good in its time but most people use coinmarketcap to find out the movement of cryptocurrency whether it is going up or down and can also add our favorite coins in the application I recommend it bro because I personally use this application you should try it I think
Post
Topic
Board Speculation (Altcoins)
Re: Suggest Some Underrated potential altcoins for next bull run
by
soramon
on 06/12/2023, 22:41:00 UTC
Because of bear market, i don't connect myself much with crypto world like before cause everywhere altcoins are dumping although sometimes we see little pump. I hope bull will be coming soon and thats why preparation for it from now. I already have btc eth ada xrp and others top coins.
Now i just want to know some underated altcoins names that have potentiality to perform good like 5x to 6x in next bull run. Have you invested such altcoins or do you know such altcoins? You can suggest me, I'll analysis about those

The most underrated altcoin right now I think Solana you should probably add Solana to my portfolio this is just a suggestion but Solana is slowly improving from before and I'm sure Solana will meet its breaking point and in the next bullrun Solana will hit a new all time high This is just my personal speculation. Stick to your research and do your own research
Post
Topic
Board Speculation (Altcoins)
Re: BTC or altcoin
by
soramon
on 06/12/2023, 22:33:19 UTC
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

With that being said, it's better if you buy altcoins which have the potential to give you 3 to 10x profits, but if you want to be safe, buy simple bitcoin. Bitcoin is the 9th largest asset in the world based on market cap.
Post
Topic
Board Speculation (Altcoins)
Re: Should I keep my BNB or Sell it?
by
soramon
on 06/12/2023, 13:46:40 UTC
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

I advise you to keep holding bnb or convert to bitcoin but I will hold bnb until bnb flies through its all time high. In my view bnb is also suitable for the long term bnb is also one of my favorite altcoins but if you want to be safe convert to bitcoin
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Topic
Board Altcoin Discussion
Re: Stable Coins ?
by
soramon
on 06/12/2023, 13:11:32 UTC

I use only BUSD and USDT as stable coins because I think they are safer options. But BUSD is no more option anymore because binance abondoning the project. Do you advise other stable coins and why ?

Lately I bought Ledger Nano X. I want to save my coins in it.
Which network is safer for holding USDT in Ledger ? ERC20 or TRC20 ?





I can't recommend it but I personally use BUSD, USDT and USDC. I also often use USDC for transactions in the cryptocurrency world besides BUSD and USDT. A safe network for storing ledgers that I've been using is only ERC 20, I don't know whether the TRC 20 network is safe or not, I'm just sharing what I do, don't copy me, 100% of this is just me personally, stay firm with your choice and do deeper research. separately
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Topic
Board Altcoin Discussion
Re: Will USTC hit 1$ again and be a stable coin ?
by
soramon
on 06/12/2023, 12:31:07 UTC
What do you think about USTC that was Terra Luna stable coin which fell from 1.00$ to 0.01$ cent
I bought some of them atm its 0.06$  as it had a jump  does it have a chance to reach 1$ again and be a stable coin
What are your thoughts on this ?

I don't rule out the possibility, but in my opinion it will be difficult to become a stable stablecoin with several luna cases that have occurred recently. I don't think ustc can be a stable coin anymore because the exchange has gone bankrupt or collapsed, so it's better to buy safe usdt or usdc stable coins
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Topic
Board Economics
Re: Btc vs dollars
by
soramon
on 03/12/2023, 17:59:50 UTC
The good thing about the dollar is that you will always have the currency since it is centralized, meanwhile, bitcoin can disappear at some point.

Bitcoin cannot be linked to dollars, I think, because Bitcoin has a limited supply of only 21 million in the world, while dollars have no limit, they are printed continuously and there is no basis whatsoever, but our trust in the government, the dollar is centralized, while Bitcoin is decentralized, it's as simple as that, in my opinion.
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Topic
Board Speculation (Altcoins)
Re: If I have 1BTC So how did I use to invest in different Coins
by
soramon
on 03/12/2023, 17:39:25 UTC
I usually Invest a very small amount of bitcoin to another coin because I know this time is very crucial to invest in any new coin or even in an old coin.
Any suggestion from your side which is good for long term


If it's for the long term and safe, my advice is to keep bitcoin, don't buy sell buy sell your bitcoin, you have to focus on one point, if you want to be safe, stay focused on bitcoin, don't move to another coin, especially if you don't understand what you are buying because bitcoin is the king of cryptocurrency but if you want to buy altcoins I also recommend eth top 2 coins in marketcap and the king of altcoins for now focus on these two things
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Topic
Board Speculation (Altcoins)
Re: Is Cardano still a good investment?
by
soramon
on 03/12/2023, 17:12:45 UTC
I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

My advice is that if you don't know what you are investing in, it's better to stay away from it
but you asked for my opinion whether Cardano is still worth buying to give you a profit in the upcoming bullrun, I think yes, especially since Cardano is one of the top 10 on CoinMarketCap and the current price of Cardano is still cheap and very far from the previous all time high and in my opinion Cardano There is still potential for it to fly or pass the all time high. The answer is yes. My prediction is that Cardano can make us 5 to 10x the profit in the next bullrun.
Post
Topic
Board Altcoin Discussion
Re: Whats Your Favourite Meme Coins?
by
soramon
on 03/12/2023, 15:38:51 UTC
I wanna know your favourite meme coins and why?

That is all.  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy


moooon!!! Cheesy Cheesy Cheesy Cheesy

My favorite memecoin is still Shiba Inu because Shiba Inu gave me a lot of profit. Shiba Inu also changed my life. Maybe if you could say it was my first jackpot in cryptocurrency, Shiba Inu and Shiba Inu are also one of Elon Musk's favorite coins. I think Shiba Inu will touch 1 $ even though it takes a very long time
Post
Topic
Board Economics
Re: Being rich = not looking at price tag
by
soramon
on 03/12/2023, 14:56:24 UTC
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.

you could be right but it all depends. People with ultra high net worth will not look at the price of the food they eat anymore, but unless that person is buying shares or company needs, they will not only look at the price, they will also bargain the price until it is cheap.