Topic: Its time to leave main exchangers ?crypto must change life (Read 149 times)

Your mindset will greatly determine success in crypto, unfortunately you only focus on getting quick profits but careless about the sustainability of crypto and also other people who are very likely to be deceived because they are filled with people who pump shitcoin and throw it very deep when they get big profits, how pathetic you are

If the OP knows his onions on cryptocurrencies trading 10-20% price volatility means a lot to experienced traders, unfortunately this is one of the perceptions of a lot of newbies in cryptos "getting rich quickly scheme" not minding the consequences of investing in a meme pump and dump coins, care to hear there are lots of traders earning reasonable amount of profits even with the small volatility rate of the major crypto coins that is why the major exchanges are thriving well in the market.

I sincerely hope that OP's crave for quick gains doesn't blind them to the reality of market forces of demand and supply that can throw up volatility or lack of it. Crypto isn't a quick fix, though it happens in some cases that some investors get great ROI within a short time. Don't have that mindset of it being a get rich quick kind of scheme. Except you want to learn the hard way by getting burnt first financially, steer clear of unnecessary low priced and volatile projects. Seek tangible ones against hype.

Deslusional.
You better go for HYIP and get burned. if you say that crypto has changed , then if it's get better .. the changes are in the right direction.
the more people get into crypto the more securities needed and everyone working on it , the product is there and impacted the market , current low volatility is one of them.

i dont mind with the current conditions though.

I think it's all about timing. $20K was already so high and had been an all-time high for almost 4 years. Someone who bought a year before when it was at 5K went over 10X which is a decent profit for a dozen months with no much hard work except HODLing.

meme coins and NFTs have lost the hype right now. People looking to buy them should better be ready to hold bags of shitcoins.

Sure. The problem is just that people think that bitcoin is their only ticket to riches. But the thing is, the better move is to continue trying to earn money elsewhere, while putting the money into bitcoin for a slower steadier increase rather than betting most of it on a project that could boom or bust. But if they can ride the waves of trending cryptocurrency narratives, then sure.

High volatility is very risky as well mate, because most of the coins that so volatile are sometimes unpredictable, wherein even you have strong strategies how to handle the situation there's always a chance of losing money. but yes you can make more money especially if you're knowledgeable but be aware of whales that playing with such coins that so volatile.

Well he is correct. Nobody is going to get rich buying Bitcoin or Ethereum and holding it on spot. Maybe they can get slightly rich if they are lucky and buy ETH on 10x leverage and manage to buy it at the right low and sell when it goes to $10K, however this will take lots skills and patience to pull off.

The real money was in meme coins and NFTs and all those free airdrops. That’s how people got rich. It wasn’t buying Bitcoin a year ago at $20K and selling it a year later at $50K.

People will have their own choice whether they still use main exchangers or secondary exchangers or even join in Ponzi schemes. As long as they can get money to live, they will not stop doing that and search in many ways. With so many options out there, I am sure we can use all of them to help us to make money and it will look better if we can have many sources of income and not just one source. That is what you need to do if your purpose is to join crypto because of money because you already see what ways that can help you make money.

Correct, we need to leave main exchanges since not your keys, not your coins

Yep, just buy and trade those new shitcoins to become a new billionaire in a day. I recommend to buy shitcoins where the price is $0.000000000000001 so you'll able to multiply your capital easily. That's what you looking for isn't? Why you not share your trading history on pancakeswap and uniswap to see how good is your choice to choosing shitcoins, don't just talking nonsense here.

In every market, the big fish are always the most favorable when the market is doing well and they also lose the most when it is another way round so it will be unfair if we just focus on how much they make during the bullish when they also make a huge loss.
This is to remind you about a Billionaire which I don't remember his name. He invested in Dot some years ago and lost some millionaire of dollars.


Retail has to pay the price before they can get Lambos.


Money is not always what matters.
The last few of the year and the early month of the new year is always a downtrend market so the current bearish has nothing to do with the institution

I will advise you not to make use of leverage trading due to the risk involved.

Sir, they want make a lot of money with small capital in a short time. They just think about the money, without thinking the risk.
All we know, right now, so much coin grow 10K% in a month, but after that the price going down 10K% in a few days, just like shit coin.
If you want work or life with crypto, you need to learn, not just follow the hype.

It's pretty simple — you want heavy volatility? Trade micro-cap coins/tokens using obscure exchanges or AMM DEXs. Or if you want high risk trades on the likes of BTC/ETH/etc, then go use leverage. The tools have been available for years now, you simply just have to use them.

If all the reasons that drive you to use cryptocurrencies are the speed of gaining and getting rich, it is better to stop using them.

Fluctuations are caused by the forces of supply and demand, but since many TOP 10 crypto have high market capacities, you need a lot of money to move the price by 30%, for example, in Bitcoin, it may cost you more than 50 billion dollars.

As for small altcoins/tokens, most of them have low market capacities, and therefore the entry of $10 million may cause the price to rise by 100%.

Is it a good investment? If you are a beginner, definitely not, because the small capacity of the market has problems such as a sudden drop in the price (80% dump,) poor liquidity and the price reaching zero.

All those main crypto exchangets like kraken binance dont give enough volatility.
Look at panncakeswap and uniswap 5000% price gains thats something.
Crypto dont change lifes of people on the current level how it is.

The 10-20% price volatility dont do nothing much.
Crypto is nowdays only good for instutions they got enough money to make money.

Retail need asap something really fast to get lambos
All we hear is about some pointless developments web3
And so....but prices dont grow...we not here to listen this nice blockchain story we here for money.

But right now volatility is low you cant even make decent gains using leverage.

Lets bring back 1000% moon coins and pumps the stable coins like btc eth and all other main coins just are now stable no moves

We need something to do about it  where is the 1000% price gains ?
I guess fed need to stop tapering....and rate hikes and let the printer go more brrrrrr....brrrr this way they can save crypto volatility.

If crypto dont move im sure people will get involved even in some kind of ponzi schemes.
No matter what but we need moves either we lose or win but at least some moves.

Right now we only here instutions are in and innovation and development....?? But no moves of price.

The wall street and whales they can take their crypto back we really dont need your techical development we need MONEY $$$ everybody been searching something to escape from poverty and if crypto dont bring good life then we just waste our time here.