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Maxicreed01

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Posts posted by Maxicreed01

  1. 4 hours ago, antoniettek said:

    I guess the exchange regulatory compliance style must have inspired more users. In the past month, most platforms have restricted user's access to their website resulting in them opting for other exchanges.

    That could be a factor but still feel those exchange with increased traffic particularly Bitget have invested a lot in innovation to attract attention. Their copy trading is one product I usually use due to the my winning rate on the platform and I feel its one product that could attract more users attention amongst others.

  2. 6 hours ago, CryptoAlphas said:

    Is obvious that Solana chain meme continue to lead in the crypto industry. We have seen massive surge in ****, WEN, WIF, MYRO, ANALOS, SILLY, BOM and a lots more. Every trader vision is to grab this token early to minimize FOMO.  Recently, a new Sol meme is trending with similar characteristic to SHIB, DOGE, and ****, Japanese beckoning cat. $MANEKI symbolizes good luck, success, prosperity, wisdom and leadership in Japan. It is believed that MANEKI is a legendary leader with the wisdom of ages and the power to bring fortune to those who rally under its banners.

    It has a total supply of 8.888,888,888 MANEKI with $156 million marketcap and currently trading on top exchanges like Bitget, and Coinbase. There is also a 435,000 MANEKI airdrop on Bitget for new and existing users.

    Sometimes I wonder how some of these meme coins rack up a decent MCap figure particularly that of Solana which has attracted a lot of interest. Meme coin has not been my type of coin but my experience with BOME has made me consider some of them and i would be looking into this Maneki too. 

  3. 5 hours ago, CryptoAlphas said:

    Considering your last points, I think BWB could list above $1 but it will take a while to challenge BNB but since the exchange has being investing in their ecosystem, it might not take a long time to see BWB outperformed BNB. Anyways, I think we rather focus on getting more points on the Wallet to position well for the drop. 

    BWB will definitely benefit from the growth of Bitget but competing with BNB means rolling out more fundamentals. Prolly, if they roll out their Blockchain as highly anticipated and BWB is used as payment gas fee we could see the competition and taking part in this airdrop is a wise call that will put us in a good position.

  4. On 26/04/2024 at 22:08, Smilezcryt said:

    Green Bitcoin (GBTC) blends the appeal of Bitcoin with Ethereum's environmentally conscious technology, offering sustainability alongside Bitcoin's scarcity and potential for price growth. A standout feature is its "Gamified Green Staking," allowing investors to earn rewards with APYs of up to 125%.

    What distinguishes GBTC is its emphasis on sustainable, long-term investment, earning recognition from experts like Kane Pepi, who praised it as a top cryptocurrency presale, raising over $6 million. With sustainability gaining global importance, could GBTC redefine eco-conscious investing?

    I have not read much about this project but if it's indeed an eco-friendly project, then it has my attention cos we need to support such project to solve to global warming problem.

  5. 1 hour ago, Muhaammaadd said:

    This is a surprising stance taken by BingX and a commercially detrimental one no less! i wonder what fuels this kind of behavior and what the long time consequences are?

    The consequences would obviously be the risk of users assets. While I feel the move is wrong, the timing of this decision raises serious concern that may have a serious consequences on the exchange.

    • Like 1
  6. 20 hours ago, XTRAVAGANZA said:

    BingX, ranked among the top 20 biggest centralized exchanges by CoinMarketCap, has recently garnered attention for its decision to allow Iranians to trade and withdraw cryptocurrencies without requiring Know Your Customer (KYC) verification. While this move may raise concerns about the potential for misuse by bad actors, it's essential to approach the issue with a balanced perspective. While the absence of KYC measures could theoretically enable illicit activities such as money laundering, it's important to note that not all users engaging in such transactions have malicious intentions.

    Also, the exchange's decision to support Iranian users without KYC verification may stem from a desire to provide financial access to individuals in regions with limited options, rather than a deliberate challenge to any specific jurisdiction's regulations.

    While the CEX's stance may raise questions and concerns, it's important to consider the complexities of the situation and acknowledge the potential motivations behind their decision. Efforts to address any associated risks while ensuring access to financial services for underserved populations may pave the way for constructive dialogue and solutions moving forward.

    What are your thoughts folks? Will BingX be targeted by the U.S. SEC or DOJ next? Should their users withdraw their assets to a more regulatory compliant exchange?

    This is obviously a wrong call and may expose user assets to security risk if the .@SECGov and .@JusticeOIG should come knocking. I couldn't risk my assets there and have long moved them to other platforms particularly MM and Bitget. 

    Stay SaFu if you are still there mate

  7. I have not been a fan of either of exchanges and wallets native tokens but would wanna explore it now. I took interest from the current hype around BNB, OKB and BGB. These tokens particularly BNB and BGB has shown strength which is obviously due to increase in demand to take part in the most of the launchpool. BNB rose almost 80% in the past 1 year, BGB was on the spotlight with about 190% in a year. OKB may not be left out due to it's potential but has made any significant movement recently. Wallet tokens on the hand have also been doing well but may not be compared to Centralized exchanges imho; I have also monitored few wallet particularly trust wallet and C98 wallet. My best guess is we could be seeing the wallet tokens making impressive price action as we approach post halving due to increase in transactions and I wonder if any one here is considering the prospect BWB token for Bitget wallet.
    Launching pretty soon and airdrop participation in play. I would appreciate your speculative opinion on it potentials.
  8. 21 hours ago, Wakanda said:

    Blockchain technology continues to reshape industries, transcending cryptocurrencies to impact diverse sectors with each passing day. One notable arena witnessing transformation is the tokenization of real-world assets (RWA), granting investors access to previously inaccessible investment opportunities.

    Recent trends indicate a significant surge in RWA adoption, with projects like Maplefinance, Pendle, and particularly ONDO Finance experiencing notable growth and recognition.

    A pivotal driver behind ONDO's rapid ascent is its varied portfolio of tokenized products. Offerings such as OUSG (providing exposure to US Treasuries), OMMF (linked to US money market funds), and USDY (offering a yield-bearing alternative to traditional stablecoins) have democratized access to crucial US-based asset classes in tokenized form.

    Moreover, ONDO's strategic partnerships with institutional giants like Blackrock and Morgan Stanley underscore its leadership in merging real-world financial assets with blockchain technology. By bridging the gap between traditional finance (Tradefi) and decentralized finance (Defi), ONDO is pioneering a new era of financial integration.

    The remarkable surge in ONDO token value, soaring by over 400% since January, indicates widespread adoption and a significant shift towards RWA among investors. Notably, ONDO has now solidified its position among the top 100 cryptocurrencies, ranking #85 on CMC with a market capitalization exceeding $1.3 billion.

    As Bitcoin and major altcoins like Ethereum strive for stability, there is a discernible redirection of funds towards the tokenized ecosystem. Research from Bitget Academy reinforces the growing demand for tokenized assets, presenting a promising outlook for investors.

    What are your reflections on this evolving narrative? Share your insights.

    ONDO should be one of my favorite token of the year cos I am still confident of more impressive price action after taking profit at around  0.9 from an entry of 0.32 few days after its listing on Bitget

  9. Crypto trading is a bit complicated when it comes to understanding the dynamics in profit making. Some people are more inclined to technical analysis which of course has been the widely used trading tool but some are more inclined to fundamentals but sticking to fundamentals alone could be highly risky in my own opinion even though crypto is also financial instrument that often respond to news updates.  A blend of the two could provide a safety net for traders in minimizing losses compared to potential profit.

    The above case scenario is largely attributed to perp futures trading and other derivatives. TA and FA could also be very useful for spot trading but I feel timely listing of projects could largely determine one's profit from investing in a project. These may not be for all projects cos some are **** coins. This could be a personal perspective but I have noticed listing speed is also another important factor to consider along with project fundamentals when trading and if we are to include listing speed as a factor for choosing trade then it will affect our choice of trading platform cos some are more inclined to top cap projects while others are more inclined low cap gems.
     

    My experience with ORDI has proven this trading skill rewarding. ORDI was first listed on Bitget before other exchange joined the listing party after it saw rapid adoption reflecting in it significant MCap growth. This chart should give us a glimpse of my experience with this strategy.
    image.thumb.png.c564a48e0b4f8188796e5d1d3b472ee0.png

  10. 9 hours ago, Imam said:

     MAVIA's rise is impressive, and PIXEL seems like a compelling contender with its unique features and big-name backing. Open world, collectibles, and creativity... Definitely worth keeping an eye on! 

    PIXEL has more use cases compared to MAVIA and has more top players in the industry supporting the project but that is just the latent potential. Let's hope all it's attribute translate to something great.

  11. 6 hours ago, XTRAVAGANZA said:

     

    However, I would approach such investments with caution, given the volatility of the crypto market. As for the ERC-404 trend, its seamless integration with ERC-20 brings convenience but also raises concerns about Ethereum gas fees.

     

    Yeah, it's good to be cautious with investment plan on experimental project such as the ERC-404 tokens but tbh such project could turn out to be the highlight of this bull run.

  12. On 18/02/2024 at 13:12, Wakanda said:

    ERC-404 is already gaining massive attention especially PANDORA which has seen gains of 1850% in 4 days and a market cap of nearly $293 million according to Coingecko. With Bitget now set to list the token upon sufficient liquidity, we could see the token reach a mcap of $500M even as the bullish wave of crypto is already in the air.

    Pandora price action and it gradual acceptance by some top trading platforms could spur the adoption of the project but the project team and that of ERC-404 needs to do work hard cos innovative concepts such as this one are faced with criticism. 

  13. In the aftermath of the recent FTX incident, cryptocurrency exchanges have undergone a paradigm shift towards bolstering security and accountability. Two key strategies have emerged as pillars in this effort: Proof of Reserve (PoR) and SaFu Funds (Safety Net for Users).

    Proof of Reserve, now hailed as the Pillar of Transparency, leverages cryptographic techniques to demonstrate that exchanges hold ample assets to cover customer liabilities. Utilizing Merkle trees, a data structure ensuring the integrity of large datasets, exchanges can provide evidence of possessing the necessary reserves to back user funds.

    SaFu Funds, also known as customer protection funds, serve as a Safety Net for Users, demanding exchanges to set aside a pool of assets to safeguard users' funds in the face of security breaches or insolvency. These funds, kept in a separate wallet, are exclusively reserved for user protection and are not utilized for trading or other business operations.

    Consideration of these two factors is crucial when selecting a reliable exchange. While PoR offers a snapshot of an exchange's financial health at a specific moment, SaFu Funds provide a comprehensive safety net in a broader range of scenarios.

    Several exchanges, including Binance, OKX, and notably Bitget, have taken a proactive stance by implementing both Proof of Reserve and a Users Protection Fund. Reports from token Insight and Coingecko indicate that these exchanges have experienced decent trading volumes, showcasing the success of this hybrid initiative. This dual protection strategy not only aims to prevent incidents akin to the FTX debacle but also assures users that their assets are backed by both cryptographic verification and a dedicated pool of funds.

    As the crypto landscape continually evolves and learns from setbacks, relying on the combined security measures of Proof of Reserve and SaFu Funds seems to offer a promising path forward. Exchanges committed to these dual strategies provide users with a heightened level of confidence in the security and protection of their assets.

  14. 20 hours ago, Wakanda said:

    With more people now in the know about the opportunity crypto can offer, am already thinking in my head what could possibly happen after this year's Bitcoin halving.

     

    Gracy Chen of Bitget also pointed out that post halving bull run are always fueled by other factors and this time around we could be seeing interesting multiple factors which may include the growth on the BTC ecosystem, DePIN, L2 and L3 tracks. We could also be seeing the mother of all bull run this time but only time will tell.

     
  15. 18 hours ago, Wakanda said:

    I think lots of awareness is still needed to put coreum in the spotlight looking at the solution it offers which can make things very easy for enterprise of any magnitude. 

    Your point above is true but the timely listing of the token by few exchanges including Bitget gives us the opportunity to buy and hodl before that exposure go full scale cos it reminds me how sol and eth started.

  16. On 31/01/2024 at 13:28, Incarts said:

    There are a lot actually. Crypto exchanges understand the fiercely competitive nature of the industry; hence they are always ready to incentivize users and keep them satisfied. For starters, you can participate in the Bitget Mini App Prize Wheel promo to win 100USDT. Just head to the promo section and register, share link and trade with friends to collect 100 lucky coins and secure the usdt reward.

    This offer sound simple and highly rewarding and I don't know why I almost missed the event but will give it a shot within the available limited time for the event.

     

  17. 17 hours ago, Wakanda said:

    Due to the lack of any real use cases and utility of memecoins, most investors tends to avoid investing their funds as this token are driven by social media hype. No doubt a lot of people have got rekt in the past by investing in them, however significant number of people have also become overnight millionaires by doing their research well before investing in some memecoin which eventually changed their lives.

    Examples of such memecoins include; DOGE, FLOKI, SHIB, PEPE, **** and many others. As a Bitcoin investor, I had high hopes of making significant profit after the approval of the Bitcoin spot ETF but things didn't go as expected hence am considering investing some amount in memecoins. BABYDRAGON and WIF are two new memecoin I have spotted. While WIF has been listed on some exchanges like Bitget and already gaining traction, BABYDRAGON is yet to be listed. 

    I would love to hear from the memecoin enthusiasts what they look out for before investing in a particular memecoin to enable me make the right decision. Do you think BABYDRAGON and WIF is worth investing in?

    Meme are worth investing but do it with what you can afford to lose. They can be be very profitable particularly if you join the trend early and I feel your choice of exchange has been recently attributed with an impressive listing speed which should put you in a good position. I will also look into the project

  18. 16 hours ago, Megamind said:

     

    I have two major trading styles I often use for my trades. First one I learnt when I started crypto was spot trade to buy and Hold some coins, mostly for the long term and if I need to do some short term trades, I use copy trading on Bitget and it has been helpful, especially when the market is ranging. I'd have tried some DEX bounties but the gas fee looks too much for me. 

    What are your indicators?

    You obviously are a conservative type of trader and ya, it's good to always play safe and with current upgrade on Bitget copy trading we could see more improvement in terms of trading experience particularly as selecting Elite traders will be hassle free.  

  19. 3 hours ago, Incarts said:

    GT Protocol interesting core features like AI crypto management, AI NFT management, AI shopping assistance and so on, I believe, will play a huge role in its mainstream adoption since they trickle the vast benefits of AI down to global traders

    The project innovative concept is appealing and I am closely monitoring its price action to look for a good entry price and hodl a little longer.

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