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Everything posted by Otasowie24
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Good projects build in the bear market and explode in the bull market, and that is why I am interested in projects doing TGE in this current market trend. It shows how confident they are and what they plan for their project in the long term. Though not all projects doing TGE in this market trend will make it out alive but they are worth monitoring as the majority cannot only survive but do great when the bull market comes. I have come across one good project, Gunzilla, which was originally built for the "Off The Grid" community-driven economy, has grown into a full blockchain gaming platform. It now provides essential infrastructure for modern game development. Gunzilla is a layer 1 blockchain project built for AAA web3 gaming. its flagship game, "Off the Grid," is a free-to-play game without needing crypto to play. If you are interested in the long-term performance of GUNZ, you can leave out the game, but you can also try out both. It TGE happens today on Bitget, and I am fully into the project, keeping a close eye on its performance and long-term development. I encourage you to DYOR and keep an eye out for this project. You can also share your opinion on the project.
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It’s that time in the market cycle when we experience brief bullish momentum just before a significant bearish move. During this period, FOMO is massive, but smart investors can still utilize the hype to gain profits. Most times, they use exchange events to increase their market returns. It's the Easter season, and on Bitget, there is an Easter event (Easter Egg Hunt) with an amazing reward pool, including a Tesla Model Y. Have you participated in any exchange events in the past? You can share your experience in the comments and what you thought about them. Click this link for the event: https://www.bitgetapp.com/events/activities/687d2cc1caaa522c9e73381e3bbe6021?color=black
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Airdrop hunting is a way to earn money in the cryptocurrency space. Following the success PI has achieved so far. Pi miners were thrilled when the token was listed with many making good profits. Several airdrops like PAWS, DRFT, and Layer Edge remain available. Positioning yourself for these airdrops can yield tokens for profit upon listing. I'm tracking ELX's performance post-airdrop. It's a DeFi project and has announced its listing on Bitget and Bybit, featuring a launchpool & candybomb event on Bitget to reward users and boost profits. (No events confirmed on Bybit yet.). If you missed the airdrop, here's an opportunity to get in. (https://www.bitget.com/support/articles/12560603823678) You can also share your referral links and codes for airdrops in the comments so we can join together. Feel free to share your thoughts on the ones I mentioned and ELX.
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While many doubted PI miners during the mining stage, those skeptics now regret not joining the early adopters. PI was recently listed, and I initially thought the price would retrace significantly. However, it has been gaining momentum steadily, attracting different investors who are now considering entering at this price. This could potentially be the next BTC or Ethereum. Looking at the Pi Fireside Forum (https://fireside.pinet.com/posts/67bc4e8f432530002d3c5ff8), it’s notable that over $600 billion worth of PI has been traded on Bitget, highlighting the attention the token has received. Additionally, I’ve discovered some promising events on that exchange that can be leveraged for PI rewards, which could be a valuable addition to your portfolio. I encourage you to do your own research on the events that interest you before participating, and please feel free to share your opinions.
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Many cryptocurrency investors are feeling fatigued by the current market's lack of direction and are starting to sell their holdings. Bitcoin dominance continues to rise, leading many to wonder if there will be a resurgence in altcoins. While the market may seem confusing, experience suggests that now is a good time to invest in altcoins. As retail traders sell, institutional buyers are stepping in and purchasing at lower prices. Any altcoin you consider investing in at this moment should have real value and an active community. That’s why I recommend focusing on blockchain projects. Some projects on my watchlist that you can research are BGB, BNB, ETH, SOL, XRP, RUNE, and IP, which I recently added after conducting some research. Most of the tokens mentioned are currently highly priced, so if you’re looking to invest with a smaller budget, consider doing your own research on IP, as it is a new project that will be listed on Bitget soon. There are also other promising altcoins worth exploring, and acquiring them will require thorough research on your part.
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Stablecoins don't get as much attention as most cryptocurrencies as many don't see any profit potential in holding stablecoins but some stablecoins have changed this narrative. USDS which is a stablecoin is quite different from others. From doing some research on it I discovered that USDS holders can earn rewards through Sky Token Rewards, where supplying USDS to the Sky Token Rewards module grants SKY governance tokens over time. You can check it out here https://sky.money/. This can be a great way to hold your profits when the bear market comes as you continue to make profits while holding the stablecoin. USDS is trading on Bitget and here is the link https://www.bitget.com/spot/USDSUSDT. I am now curious to know how many stablecoins offer this. Having more than one can help with comparison. Kindly share if you have come across any others, and also what your thoughts are.
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The cryptocurrency market is currently thriving, largely influenced by the launch of the TRUMP coin. Additionally, Bitcoin has surpassed the $100,000 mark, reigniting hopes of another significant rally. While we were trading the TRUMP coin, Melania Trump introduced her own cryptocurrency, MELANIA (https://x.com/MELANIATRUMP/status/1881094861279129643), which is rapidly gaining traction and attracting a diverse group of investors and supporters of both the newly elected president and his wife. This development has boosted investor confidence and provided insights into how Trump may support cryptocurrency in the future. TRUMP and MELANIA meme coins have both been listed on Bitget, you can DYOR on them before investing. With Trump's inauguration approaching, I'm curious to know which coin, TRUMP or MELANIA, has greater potential for significant gains. What are your thoughts?
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The market has been up after much manipulation, as expected. The bullish trend might have resumed, and like past Q1 of a new cycle, BTC and some altcoins reached new ATHs. I would love to know what you guys are accumulating now and what potential these cryptocurrencies have. I am anticipating a surge in meme coins too and so far I have seen Money Dogs (MDOGS), which is not just a meme coin but also a play-to-earn project built on TON. MDOGS is yet to be listed, which is why I am interested in getting in early. The majority of these TON projects usually surge after listing and I am anticipating this to also do the same as it is getting listed on Bitget (https://www.bitget.com/support/articles/12560603821234), which is one of the few exchanges that has supported the TON ecosystem greatly. I am confident in this because I have done some research and before you invest in the same way kindly DYOR. Hopefully, I will make some cool profits. What do you guys think about the project and getting in early?
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The general market is looking bearish creating fear and this is following past market price actions. In Q1 of the bear market, the majority of cryptocurrencies create new ATH, and this is the reason I am considering investing in Lost DOGS (WOOF), a Gamefi project. The project is getting listed on Bitget soon with a zero gas fee deposits. However, I have been skeptical about Gamefi projects but think this has good features to attract players and investors. Before investing in the project, I would love to see what you guys think about the project and also you can share projects worth investing in.
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2024 was an amazing year for cryptocurrency, we saw several BTC all-time highs, and some altcoins also recorded or reached new all-time highs. While some people recorded great gains, some still have a lot to learn, and the way to learn faster is to review all trades and learn from them. Some exchanges like Bitget provide a recap, which will give you insight into your 2024 trading year. Some don't, and you must go through your trades individually. That's why having a journal is very important. You can use this link to check your 2024 recap on Bitget https://www.bitget.com/events/2024-annual-report?utmTerm=SocialMedia To improve in trading, you have to be intentional and disciplined on a trade-to-trade basis. I wish you all a great trading year. Please share how you plan to improve your trading so others can learn from it.
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The market is declining, causing panic among those yet to profit. What options do they have to leverage? Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX. Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution? Bitget PoolX, Launchpool, and other exchange events can provide a good way to generate passive income while the market continues to decline. There is an ongoing TOMA PoolX event on the exchange to take advantage of. DYOR before participating, also share your opinion and suggestions.
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Have you noticed how Telegram has shaped or has onboarded many people into cryptocurrency in 2024 alone? With the help of the TON blockchain, we have seen many (tap-to-earn) projects emerge from Telegram, which has captured the interest of people seeking to make money with airdrops. One of the recent additions to the list of these Telegram airdrops is TOMA; it is getting listed on Bitget soon (https://www.bitget.com/support/articles/12560603819911). As the bull market continues we are going to see a lot of Telegram tap-to-earn project airdrops, and this can be an opportunity to make free money. Can we say Telegram is a big part of this bull market? And what do you think of TOMA?
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Everything is going well for El Salvador at the moment. They have recorded massive gains from their Bitcoin holdings (over $360M). Seeing this, other countries will be looking to follow a similar path as El Salvador. According to Coinspeaker (https://www.coinspeaker.com/bitget-receives-bitcoin-service-provider-bsp-license-central-bank-el-salvador/) and CryptoSlate (https://cryptoslate.com/el-salvador-grants-bitget-a-bitcoin-license-amid-362-million-profit-boom/), El Salvador has granted Bitget a Bitcoin Service Provider (BSP) license and this means the exchange will be able to provide Bitcoin-related services in the country and give its citizens more options, solidifying the exchange's reputation. While this provides more options for the citizens of the country, I am curious to know how the country will treat the effects of the bear market.
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Bitcoin is moving like it won't slow down and many people are investing heavily and some of these people might end up being stuck at the ATH until the next bull run. Altcoins should be a safer bet, they are yet to experience massive movement and they have a better tendency to give better profits. In my opinion, blockchain projects are best as projects will be built on them, and their native tokens will be used for gas fees. VANA is an impressive blockchain project I have discovered. It is a layer 1 blockchain that is EVM compatible, allowing users to turn their data into financial assets by aggregating private datasets for AI model training (https://docs.vana.org/docs/what-is-vana). With a circulating supply of around 30M VANA, the project is one to check on. It has been listed on Bitget (https://www.bitget.com/support/articles/12560603819827). What do you think about VANA? You can also share your altcoin discoveries.
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There are many important news on EUR this week. I am expecting a volatile EUR
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FxNews.me — Latest Fundamental and Technical Analysis
Otasowie24 replied to FxNews's topic in Forex News & Analysis
Nice. I am paying some more attention to NZDUSD -
Bitcoin has surpassed $100K, increasing interest in cryptocurrency. Now, I get a lot of questions about if investing in Bitcoin right now is the best decision. Investing in Bitcoin carries a higher risk at this time. Conversely, investing in altcoins is typically safer and may prove more beneficial, as many have not yet reached their full potential. Many altcoins exist, and those associated with blockchain are superior, as more projects will be built on these platforms. This leads to increased exposure to blockchain technology and improved performance for their native tokens. Ethereum and Solana are prime examples of successful blockchain projects. Lumoz Token is another promising blockchain initiative, featuring multi-chain compatibility and other appealing attributes. Lumoz Token (MOZ) is a promising investment option, and I discovered it will soon be listed on Bitget (More info on the listing https://www.bitget.com/support/articles/12560603819455). You can DYOR on this and other altcoins before investing in them. If you have any project ideas or suggestions that could help, please share them.
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Bitcoin has not yet surpassed the $100K resistance level, and many are optimistic that it will do so before the year concludes. While the price of Bitcoin has remained stable, altcoins such as ETH, SOL, XRP, BGB, and HBAR have seen significant movement, indicating a market shift towards altcoins. Trading Altcoins might be more profitable now when compared to Bitcoin, but if you must trade Bitcoin, take calculated risks. You can also trade it on Bitget (BTCUSDE) and pay zero transaction fees. This is also available on ETHUSDE and SOLUSDE. (More details here: https://www.bitget.com/support/articles/12560603818562) Which do you think is more profitable to trade now? Bitcoin or Altcoins?
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Kinesis Money: Gold-backed Stablecoins
Otasowie24 replied to ⭐ Peter's topic in Crypto Money Making Discussions & [Ann]
Thanks for the clarification, I will look into KAU -
BigSpoonOfLies $BSPN
Otasowie24 replied to Mickney's topic in Crypto Money Making Discussions & [Ann]
Do they have a community yet? -
Have you noticed that the meme-coins hype is fading? It seems to be coming to an end while cryptocurrencies that offer real value are beginning to kick in. The past few weeks have been massive for XRP and HBAR, and they have shown significant growth, and both are nearing their all-time highs (ATH). Both of these projects are layer-one blockchain initiatives with remarkable use cases. The recent increase in their prices indicates that savvy investors are gravitating towards these types of projects. To succeed in this space, it is essential to follow the strategies of these informed investors. HBAR being listed on Bitget spot shows the trend is solidifying. (https://www.bitget.com/spot/HBARUSDT) What do you think of these utility tokens? Have any others to share?
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Kinesis Money: Gold-backed Stablecoins
Otasowie24 replied to ⭐ Peter's topic in Crypto Money Making Discussions & [Ann]
I know of XAUT which is a gold-backed stablecoin, are there others? -
The cryptocurrency industry has seen massive growth over the years reshaping almost if not all sectors of our everyday existence. Would you have thought that this industry would grow to the extent that banks and multinational companies would start accepting cryptocurrencies as payment? Now, exchanges like Binance and Bitget are offering virtual cards for payment charging users from their wallet balance. The latter exchange currently offers this virtual card by invitation only. Users can apply, and upon approval, they will receive a virtual card, which can be used worldwide for better fees. (More details here: https://www.bitget.com/support/articles/12560603818535) We are yet to completely embrace these innovations though, but it is worth mentioning that the growth has been massive. What is your take on virtual cards from these exchanges?
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official Who wants your money in the crypto world? [Top 5]
Otasowie24 replied to MrD's topic in General Money Making Chat
A good read. Money moves from impatient individuals in the market to patient ones. -
Aside from hedging against inflation do traditional stable coins give benefits when you hold them or when you add to their TVL? I started having to answer this question when I came across USUAL, a multi-chain infrastructure that aggregates tokenized Real-World Assets (RWAs) and empowers TVL providers and third parties by redistributing ownership and revenue. I would not be diving deep into its product (USD0 and USDO++) to reduce the time you spend reading through but you can dive deep into this project here https://docs.usual.money/start-here/why-usual USUAL is not listed yet, but its pre-market has started on Bitget and other exchanges. This project might change how stablecoins operate, what are your thoughts?