A new year means fresh chances in crypto. This time around, I'm aiming to be smarter and focus on opportunities that seem doable, plus I want to hit up some real-life events.
Right now, I'm just messing with Crazy48h for $BAY, staking USDC on Base, and on the lookout for more. If you're into anything exciting, feel free to share your thoughts.
Happy New Year again!
What crypto projects are you eyeing this year?
11 replies 451 views
Sleeping giant in qubetics $TICS - about to launch BTC chain abstraction and dVPN. Offering staking reward of 30% using the MetaMask wallet which is almost a no brainer in the current market!
The most common one almost everyone of us have in common is that of a profitable one, because it will be no longer an opportunity if we are not profitable about it, at least making more earnings from investing on some altcoins could be a good idea that we may not want to to miss out, because the common mentality of people investing on them is the risk of high losses, but this year could make a difference that we go profitable as it were in times of Dogecoin.
eric.rocketMember
Posts: 8 · Reputation: 81
#4Jun 10, 2018, 04:13 PM
Every opportunity in crypto sometimes seems attractive to us as a potential source of profit that may be obtained when liquidity increases or even makes everything more realistic in terms of approaching profits. You can try your luck with one or even several cryptos that you believe in for investment. But you must realize how important it is to use money that you can afford to lose or even lose entirely. So I personally also recommend that you do your research on the cryptocurrencies you plan to invest in.
Personally I will keep looking out for coins coming into the market and takings that are going to book in the next 3 years that along is going to help me for the next bull run so I am starting the journey now till when it's time to get off the market, I love to invest in new things but if they are not as guaranteed as popular coins I will rather risk lesser like staking if they have a good percentage of return of investment.
Shorting everything is probably best opportunity i can think of. As it's probably too early to accumulate more of anything this year. Even though with leverage it's still a dangerous game. But i rather play that game with small amount, then waiting game and just hodl for ages.
Staking stablecoins is probably good option as well. And there might be some microcaps i will be playing with, just like playing with sol meme tokens before start of SOL season last time. Although i should have holdled all the sol i got from those tokens. My bad. And i learned nothing.
wallet_omegaMember
Posts: 18 · Reputation: 199
#7Jun 10, 2018, 11:24 PM
The market is in a bearish mode right now, so that must be true but in terms of accumulating or investing, it is actually better to do it as early as possible because the asset might also increase overtime. Be it leverage or investing, both has risk and small amounts are recommended at them. Investing has two types and that is ; one is short and one is long.
So you can always invest for the short-term only if you think the long one is boring but it was also the long-ones are the ones that must be highly profitable. You might have made some mistake last time but that makes you learn something mate, not nothing. We are one the new year now and the time to try again.
I think that the staking of USDC or any stable coin is fine. You'll get the APR of it that's quite profitable but as long as you're not going to need that, you're free to put it there.
At some point the time will come that you'll like to buy some crypto again using that, you're prepared.
But why people focus too much on these and not wit Bitcoin?
I was talking about shorting (aka short selling), and that or longing has nothing to do with short- or long term investing.
But you do you in terms of accumulation. I personally don't see it that way as we are talking about altcoins here. and we are probably just starting the dip.
Sure you can get it with discount compared to ATH, but after something drops, it can always drop more and you might get it -97% cheaper depending on the coin. And with that drop, your past investment at the first drop is worth nothing.
Remember that from -97% loss you need 3 233,3% gains to get back where you were. Percentages are funny that way.
falcon_defiMember
Posts: 10 · Reputation: 132
#10Jun 15, 2018, 03:17 AM
Most coins that have just entered the market have fallen more severely and I'm not even sure that saving in the next 3 years will make a decent profit --- except for the CMC top 10 coins, I'm sure they can go up.
I don't want to take risks on this new thing that is not profitable in my opinion, because after observing some coins that have been listed on the exchange have dropped more than 80% if you pay attention.
Investors will learn from their experiences and even if we're not so familiar and yet, there are investors willing to take risk and steps into these investments and projects that they have no idea with. They're going to learn from it if they commit a mistake and losses their money from within. And many of the new projects that after being listed in exchanges, they'd definitely lose almost all of its value that have pumped and, it's because the project developers have already cashed their money from the gullible investors that have believed in them.
hawk_shardMember
Posts: 14 · Reputation: 182
#12Jun 15, 2018, 05:01 AM
I like to see more news about more crypto adoption worldwide.
Adoption by people in their daily transaction.
Experience proved that governments recognition doesn't help well.
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