Btt staking and buying stradegy | Bitcointalksearch.org

tsaroz

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Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

BTT is a good option to have in your portfolio and they have their own blockchain launched and are not as dead as many of the coins. Integrating it as a reward for seeding torrents might not have received much attention yet it could pump good in the future as the price change are slight. They have it's development going on and I too have a small amount of BTT and don't plan to increase much. I have put them on grid trading and they are very slow to price change. Bittorrent may bring in some news in the future that could pump the coin.

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Quote from: GreatArkansas on December 25, 2023, 08:18:01 PM

Very risky for me, even BTT is cheap. I can say that it's still risky because the price is volatile and I can see that there's no huge use case for BTT right now, only for their torrent and take note this BTT is under with Tron network and we all know what's really going even before in Tron Network, a lot of issues.

Yes , Not because the coin/token are cheap meaning it is safe and profitable at least in
certain time that we assume we will gain because if the project goes sideways then sure you will lose
the opportunity and will be stock there for another longer time so be aware of possible time consumptions ,
i doubt OP's intentions here is to trust and find what is best and better instead just to boost this losing project.

peter0425

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Quote from: TimeTeller on December 23, 2023, 06:55:19 PM

Quote from: peter0425 on December 23, 2023, 06:49:34 PM

Quote from: MFahad on December 23, 2023, 11:00:06 AM

Thats a strategic move because BTT price is still down from ATH which is $0.00000343 and now the current rate is $0.0000011 whlch mean that still BTT is 200% down. The bull market will push the price and probably very soon hit the ATH when btc reach to 60k$. BTT potential in a bull run especially as a small cap token seems promising here. Staking is good idea, it will mine for you additional BTT in a smart way to maximize BTT returns. It's interesting to see your focus on a specific low cap coin for long-term investment. Diversification is best and secure in crypto investment but if you've found a gem in BTT, best of luck with your investments!

But since he is Staking maybe he is confident for what will he happening in such term but I will not take a risk staking in for me a not so safe project/coin there are lot of currencies that I may manage to put my stakes specially a top ranking coins m in which safer but have big potential long term so lets manage our expectation then like what OP does , but respect and see what will come in the next coming time for him.

That's really very big risk he is putting himself into. For a time, I staked BTT as well but that was a long time ago.
I sold it because for one, I couldn't keep up and follow their developments anymore, if there's any.
And I am not seeing progress anymore so hard to determine if the staking is still profitable as it will decline its value thru time if not developed.
The OP should look into other top alts worth staking. But anyway, it is his choice at the end of the day.

indeed , I don't know if OP is just shilling here for BitTorrent(BTT) and so for how many good project to stake his funds he chooses this long below ranking coin

https://coinmarketcap.com/currencies/bittorrent-new/

the chart shows it may have increased but too little to expect in the long run as how much time OP put here for his staking .

Quote from: GreatArkansas on December 25, 2023, 08:18:01 PM

Very risky for me, even BTT is cheap. I can say that it's still risky because the price is volatile and I can see that there's no huge use case for BTT right now, only for their torrent and take note this BTT is under with Tron network and we all know what's really going even before in Tron Network, a lot of issues.

or maybe he keeps that belief as the coin stays in top 100? or he may be seeking for some manipulation that may happen in Bull market so he may get his part of earning and go away.

GreatArkansas

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Very risky for me, even BTT is cheap. I can say that it's still risky because the price is volatile and I can see that there's no huge use case for BTT right now, only for their torrent and take note this BTT is under with Tron network and we all know what's really going even before in Tron Network, a lot of issues.

beerlover

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Quote from: Dunamisx on December 23, 2023, 09:40:28 AM

Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

Anyone can choose to buy any coin or token as they wish, but staking it is at their own risk, we can make different efforts to maximize the potential profitability of our asset of investment on the coin we vested our money on but if we stake same coin, we are doing such on our own because of the conditions involved in making this, BTT has a better performance and the market cap is not that bad to use as a convincing reason to invest on it.

Yes all are free but it's good to choose only the best and not the crap ones. Doing so, will make you a good example to others. I'm sure you will like it even better. Most staking procedures are being held in a third party, so yeah, it elevates the risks. One of the efforts that people commonly do, is to have patience. I know it sounds pretty passive, but it actually takes a lot of hard work. Can be both physically and mentally.

I'm not sure if it's true that BTT is performing better, because why no one talks about it here in the forum? With that said, its market cap may also be low. So, I don't think many people are going to be convinced to invest on it.

babygun

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Quote from: MFahad on December 23, 2023, 11:00:06 AM

Thats a strategic move because BTT price is still down from ATH which is $0.00000343 and now the current rate is $0.0000011 whlch mean that still BTT is 200% down. The bull market will push the price and probably very soon hit the ATH when btc reach to 60k$. BTT potential in a bull run especially as a small cap token seems promising here. Staking is good idea, it will mine for you additional BTT in a smart way to maximize BTT returns. It's interesting to see your focus on a specific low cap coin for long-term investment. Diversification is best and secure in crypto investment but if you've found a gem in BTT, best of luck with your investments!

It is not because a coin reached a certain price before that it will reach it again. Bitcoin can probably hit a new ATH price but for a lot of altcoins, I don't see it happening. I have bought a lot of altcoins, and allthough the price has risen quite high, I still have a -85% loss lol. Not saying that BTT can not reach a new high price, but is there really so much future in this coin?

Sophokles

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BTT one of the top project but with it insane token supply and all of the tokens are circulating, it will be difficult to make significant profits. Also there are other storage solution on the market that offer better service than BTT and ICP is one of them. They are not only better than BTT but also have better tokenomic and resource. Also I don't like justin sun project as most of his tron ecosystem project is heavily centralized and controlled by justin sun himself. So if you still want to buy BTT good luck with that.

batang_bitcoin

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I won't force my opinion about it but will just say good luck to you. If you've got a plan on holding and you're staking BTT to get more then that's it. We all have our reasons why we've chosen a crypto that we want to hold and that's why in this case, all we want to do is to make the most from it and that's what I am saying that good luck to your holdings and if this is your best bet on this potential bull run that might come anytime from now or after the halving and you think that it's going to be one of the best performers then, so be it.

cakravothy

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Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

btt price movements are less strong ups and downs. if you are chasing the stake, look for a bigger return, for example AXS.
because if you rely on trading alone, the price movement of BTT is also very weak, not significant, so it does not produce large profits both short and long term. BTT is a good group of coins because it is under the control and one owner with tron (TRX).

TimeTeller

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Quote from: peter0425 on December 23, 2023, 06:49:34 PM

Quote from: MFahad on December 23, 2023, 11:00:06 AM

Thats a strategic move because BTT price is still down from ATH which is $0.00000343 and now the current rate is $0.0000011 whlch mean that still BTT is 200% down. The bull market will push the price and probably very soon hit the ATH when btc reach to 60k$. BTT potential in a bull run especially as a small cap token seems promising here. Staking is good idea, it will mine for you additional BTT in a smart way to maximize BTT returns. It's interesting to see your focus on a specific low cap coin for long-term investment. Diversification is best and secure in crypto investment but if you've found a gem in BTT, best of luck with your investments!

But since he is Staking maybe he is confident for what will he happening in such term but I will not take a risk staking in for me a not so safe project/coin there are lot of currencies that I may manage to put my stakes specially a top ranking coins m in which safer but have big potential long term so lets manage our expectation then like what OP does , but respect and see what will come in the next coming time for him.

That's really very big risk he is putting himself into. For a time, I staked BTT as well but that was a long time ago.
I sold it because for one, I couldn't keep up and follow their developments anymore, if there's any.
And I am not seeing progress anymore so hard to determine if the staking is still profitable as it will decline its value thru time if not developed.
The OP should look into other top alts worth staking. But anyway, it is his choice at the end of the day.

peter0425

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Quote from: MFahad on December 23, 2023, 11:00:06 AM

Thats a strategic move because BTT price is still down from ATH which is $0.00000343 and now the current rate is $0.0000011 whlch mean that still BTT is 200% down. The bull market will push the price and probably very soon hit the ATH when btc reach to 60k$. BTT potential in a bull run especially as a small cap token seems promising here. Staking is good idea, it will mine for you additional BTT in a smart way to maximize BTT returns. It's interesting to see your focus on a specific low cap coin for long-term investment. Diversification is best and secure in crypto investment but if you've found a gem in BTT, best of luck with your investments!

But since he is Staking maybe he is confident for what will he happening in such term but I will not take a risk staking in for me a not so safe project/coin there are lot of currencies that I may manage to put my stakes specially a top ranking coins m in which safer but have big potential long term so lets manage our expectation then like what OP does , but respect and see what will come in the next coming time for him.

MFahad

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Thats a strategic move because BTT price is still down from ATH which is $0.00000343 and now the current rate is $0.0000011 whlch mean that still BTT is 200% down. The bull market will push the price and probably very soon hit the ATH when btc reach to 60k$. BTT potential in a bull run especially as a small cap token seems promising here. Staking is good idea, it will mine for you additional BTT in a smart way to maximize BTT returns. It's interesting to see your focus on a specific low cap coin for long-term investment. Diversification is best and secure in crypto investment but if you've found a gem in BTT, best of luck with your investments!

Dunamisx

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Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

Anyone can choose to buy any coin or token as they wish, but staking it is at their own risk, we can make different efforts to maximize the potential profitability of our asset of investment on the coin we vested our money on but if we stake same coin, we are doing such on our own because of the conditions involved in making this, BTT has a better performance and the market cap is not that bad to use as a convincing reason to invest on it.

bluebit25

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Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

I'm a bit surprised at the way the OP mentioned its small capitalization. I wonder if there is confusion with any memecoin with the same symbol

, when we all know about the operation of BTT -BitTorrent it is an old cryptocurrency without much attention. However, I agree that if you have held it for a while the returns are very good. But on the other aspect you mentioned personal strategy and the perspective on capitalization, I think you have to review it, because it is quite contradictory. Although it is possible that in the future general market favorability may cause price increases, for me it is not in the category that I pay attention to. Because its uniqueness in this market is not attractive enough for me personally, I don't have much speculation about my expectations for it.

rodskee

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Quote from: Parklane777 on December 21, 2023, 06:17:55 AM

Im buying it and staking i have made most of my profit of this this month with BTT buying and staking.
When bull run start in crypto market the btt is small cap and cheap coin Im sure a lot funds will flow into this coin Im staking this also to get more BTT i don't want to speculate too much but BTT in my opinion will be one of the performers that's the only low Cap coin i will hold and will invest long term and Im staking btt aswell.
You do the same ?

It is your money mate you can do whatever you wanted but make sure that you
are also ready to what will come because look at your coin now

https://coinmarketcap.com/currencies/bittorrent-new/

Hope that your staking for some time will bring you profit instead but I am enough
with my holding and have no plan now to stake.

kentrolla

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First of all BTT is not a small cap and it has already had its dream run, I have had both good and bad experience with the coin because back then BTT was pegged to be the next big thing and it even pumped by more than 4x and then boom it dropped but till date I have not seen any further development from this project, it's just like classic example of TRON.

Don't say a coin as small cap based on its value as it could be misunderstood.

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Quote from: kojektea on December 22, 2023, 02:18:54 AM

I'm a bit skeptical about BTT. it has strong fundamentals as a turrent coin but on the one hand it has a small community making BTT less popular so the hype is a bit slower than other coins. but if it is used for long term I think it is not bad. I believe this will be big in the next bull run. I can see that because in several red markets BTT is one of the coins that is able to survive.

Every project have their time of pump and this will be very important if the investors follow up the update of the project without having any difficulty in doubting or having no hope on the project. As far I'm in the space, I do equally valued every project I'm into and I'll never back out on my thoroughly findings regarding these altcoins. BTT is a potential altcoin in the market and there's evidence of the project to do well in the bull season. I can boldly say BTT is not some random altcoin, the roadmap of BTT is specific and it will favor the investors and holders that are patient enough, they will become the set of people that will milk the solid project.

kojektea

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I'm a bit skeptical about BTT. it has strong fundamentals as a turrent coin but on the one hand it has a small community making BTT less popular so the hype is a bit slower than other coins. but if it is used for long term I think it is not bad. I believe this will be big in the next bull run. I can see that because in several red markets BTT is one of the coins that is able to survive.

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Quote from: Parklane777 on December 21, 2023, 07:31:47 AM

-snip
Anything what's not btc trx bnb or eth ltc ...lower cap are small Cap coin for me. Those caps over 20-30 coin ranks are definately low caps for me in my view and many other people think same way Im sure

Despite all you say here Im big bull on BTT

You might have your criteria for categorizing this coin based on market cap. While its market cap may be lower than established like BTC and ETH, it is not truly small in most cases. The low unit price itself doesn’t necessarily indicate undervaluation, high supply can contribute to a low price despite potential value. Holding and staking coins can be a legitimate long-term strategy, but it's important to understand the risks and not rely solely on speculation.

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Quote from: adaseb on December 22, 2023, 01:43:00 AM

Yes this is similar to how people were buying dogecoin like crazy because they assumed it could go to $1 or even $10. However they had no idea how high the supply is and not only that, it’s miner supply was also high.

If it reached $1 and all miners sold, then they would need like $250M a month worth of buys so the coin would stay in the same price. It wasn’t possible. Hence why it had a huge crash and it’s the same with BTT, the price is low but the supply is extremely high.

To be fair, DOGE to $1 is only slightly more than 10x from here, which isn't that surprising knowing how stupid bull markets can be especially at the peak (though I'm definitely not betting on it).

With XRP though, some people are expecting the infamous "XRP to $589" thing lmao which is simply fundamentally impossible.

Topic: Btt staking and buying stradegy (Read 215 times)