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This is why I took a position in Chainge Finance ($CHNG).Anyone looking to hit some big gains in the initial phase should consider getting DeFi exchange tokens, such as $cake sushi swap, etc. when the markets start pumping, people will start buying these up to stake and trade on certain platforms, which means they'll likely go ballistic at some point just like last BR.
Pretty much the old analogy of getting rich from miners by selling them pickaxes, instead of going digging yourself.
This is why I took a position in Chainge Finance ($CHNG).
I used the app and its pretty sleek and user friendly IMO. Non KYC. Set up in seconds. It may or may not run, but it's a good, new product.
Gaming is the meta. Fade at your own risk.
Anyone looking to hit some big gains in the initial phase should consider getting DeFi exchange tokens, such as $cake sushi swap, etc. when the markets start pumping, people will start buying these up to stake and trade on certain platforms, which means they'll likely go ballistic at some point just like last BR.
Pretty much the old analogy of getting rich from miners by selling them pickaxes, instead of going digging yourself.
Nice!I've loaded up on gaming in the bear market.
Up some really healthy % at present.
Myria, GFAL, 3ULL, NAKA, WAGMI etc
Mulling over getting some AGI.
Nice!
I'm in ILV (mostly because I need the liquidity on that account) and UFO (smaller account, can hold for a moon shot).
NAKA also looking hot.
$BEAM (formerly $MC) is about 99% of my portfolio and won't be selling at all until late 2024, so insanely bullish on Merit Circle's future as a leader of web3 gaming.Yeah, I’ve made a few bucks since this post.
Everything is going up, so that’s easy. Reallllyyyyy really bullish on Kaspa.
I’ve taken some profits on the others but I won’t be selling my Kaspa any time soon.
Sent from my iPhone using Tapatalk
Did my Merit Circle shills not get through to you in this thread?I've loaded up on gaming in the bear market.
Up some really healthy % at present.
Myria, GFAL, 3ULL, NAKA, WAGMI etc
Mulling over getting some AGI.
I'm not sure anyone can help unless you state which tokens you're looking to buy.I've done all my buying on SWYFTX and have the majority of my holdings on a ledger. But SWYFTX doesn't have some of the tokens I'm looking to buy.
What's another exchange I should use that has more variety of token choice and is home to some of the projects with much smaller market caps? Not fussed about KYC or not, or Australian or not, just want one that relatively easy to use and I am able to deposit/withdraw with out too much hassle. Moreso wanting one where withdrawal of funds hasn't been a problem.
Nothing specific - just want the option to buy something I come across if I get indoctrinated enough by a YouTube vid or from someone on hereI'm not sure anyone can help unless you state which tokens you're looking to buy.
Gate.io and kucoin.com are CI's I can vouch for.
I doubt you'll find a single answer for all shitcoins. There's a lot of shitcoin marketplaces.Nothing specific - just want the option to buy something I come across if I get indoctrinated enough by a YouTube vid or from someone on here
Thanks.
I've done all my buying on SWYFTX and have the majority of my holdings on a ledger. But SWYFTX doesn't have some of the tokens I'm looking to buy.
What's another exchange I should use that has more variety of token choice and is home to some of the projects with much smaller market caps? Not fussed about KYC or not, or Australian or not, just want one that relatively easy to use and I am able to deposit/withdraw with out too much hassle. Moreso wanting one where withdrawal of funds hasn't been a problem.
Did my Merit Circle shills not get through to you in this thread?![]()
Sounds like you want to delve into the wonderful world of DeFi.I've done all my buying on SWYFTX and have the majority of my holdings on a ledger. But SWYFTX doesn't have some of the tokens I'm looking to buy.
What's another exchange I should use that has more variety of token choice and is home to some of the projects with much smaller market caps? Not fussed about KYC or not, or Australian or not, just want one that relatively easy to use and I am able to deposit/withdraw with out too much hassle. Moreso wanting one where withdrawal of funds hasn't been a problem.
Thanks! This is exactly the type of info I was looking for.I use Gate.io and MexC.
Both use basically the same template for their exchanges.
Easy enough to add AUD, I use Banxa and never had an issue with it.
Anytime I've wanted to exit something on those exchanges I just sold into USDT and then sent that to Swyftx as the off ramp to get back AUD.
Part of my problem in this space is I'd prefer to stick with CeFi because I get confused and don't spend enough time learning and understanding the DeFi space. I get how it functions, and I looked at getting Metamask a couple of years ago, but it was all just too much for me.Sounds like you want to delve into the wonderful world of DeFi.
This is where you can access all your shitcoins that can potentially 100x+, however it's fraught with danger, as there's relentless scams, failed projects, etc., that you can lose money on, so navigating it can be very tricky.
If you want to test the waters, create a hot wallet, such as Metamask or Trust wallet(there's heaps of others but these are the 2 most common) and you can get started. They both have browser extensions and phone apps now, whereas last bullrun you mostly used Metamask for browser and Trust for mobile, as WalletConnect wasn't particularly reliable for TW and the MM app was slow as buggery.
They've both been improved since.
I note that on the TW browser app, you can now buy crypto directly with a credit/debit card, so you can skip major exchanges altogether, as well as the annoyance of moving stuff around wallets.
Trust Wallet's also probably a bit more noob-friendly than MM, because with MM it's native network is Ethereum and you need to manually add the other networks, whereas TW has them by default.
You can trade directly within the app/extension for each, so you don't need to visit a DeFi exchange such as Pancakeswap, UniSwap, SushiSwap, etc, if you don't want to. Poocoin is always an old favourite for BNB tokens though, as you can hook your wallet up and the trading interface is good, with a proper chart that the Swap sites don't tend to have.
There are 100s of tokens launched in DeFi daily, so honestly, unless you're following a project from launch and it's had its dump but isn't listed on Coin Market Cap or Goingecko yet, stay the * away.
Your best bet is to check out newly added tokens and check them out if they've been listed within the last couple of hours. If they're pumping, you're probably too late, so just avoid them and move onto the next one.
Ideally, you want to catch them before they get listed on CMC, because that almost always guarantees a pump but you'll need to scour Telegram groups and look for projects that don't appear to be scams and haven't been listed yet. This is where you can get your biggest gains but it's very risky.
You also need to understand the project taxes before you decide to buy, because there's no point making a $20 gain on a $100 buy, getting cold feet and exiting the project early, only to find out is has a 15% buy and a 15% sell tax. This is an extreme example but it does happen.
You also need to compete with the relentless amount of bots, so bear that in mind also.
Personally, I'd just be checking out projects that powered through the bear-market and may be around 10X from their all time highs, because presuming they have deliverables ready for next bull run, they are the likeliest projects to go on a massive rally.
Or, if none of this appeals to you, you can always check out some of the larger exchanges, such as Binance, Bybit, etc. They generally have a much larger range of tokens and whilst there's no guarantee you'll make money of course, projects listed on these exchanges are far less likely to be a scam.
Hope this helps.
Part of my problem in this space is I'd prefer to stick with CeFi because I get confused and don't spend enough time learning and understanding the DeFi space. I get how it functions, and I looked at getting Metamask a couple of years ago, but it was all just too much for me.
Even though Ledger is great and easy to use once you get the hang of it, I stayed away from it initially because I'd much rather trust an Australian exchange rather than do it all myself - antithetical to the space I know.
Thanks for the info.
It was purely to get away from the stigma of the early days about being just a gaming guild focused on p2e, when it’s a completely different project now. The 1:100 conversion is for gamers, as it’s far easier to use say 1 BEAM instead of 0.01 MC. Over 80% migration from MC to BEAM in just a month.BEAM now!
I'm always wary of anything that migrates to something new/different.
It was purely to get away from the stigma of the early days about being just a gaming guild focused on p2e, when it’s a completely different project now. The 1:100 conversion is for gamers, as it’s far easier to use say 1 BEAM instead of 0.01 MC. Over 80% migration from MC to BEAM in just a month.
I know the BEAM ecosystem will be huge, i am very comfortable in my position built during the depths of the bear. I am actually done shilling it in detail anymore, many others with far larger followings than me do that already in various mediums and the results speak for themselves anyway.
Illuvium ($ILV) is another that I am very confident will be massive, but is already a larger market cap than some of the up and coming games.