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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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raptor_cZn
post May 1 2021, 11:56 PM

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QUOTE(Snoopie @ May 1 2021, 12:07 PM)
Actually want to ask, how do people play buy low sell high? Example buy 1 btc in early days:

Bought at 190K
Sold at 230K
Profit 40K

Then see the market strong, buy at 240K (190K+40K=230K). End up top up +10K to enter back into crypto market.

Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion
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You don't have to buy back an entire btc. You can opt to use whatever initial capital you are comfortable with. E.g. Use 190K to buy ~0.8 BTC.
Meaning not using your profit to re-invest
raptor_cZn
post Aug 21 2021, 06:58 PM

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QUOTE(lovingforyou @ Aug 21 2021, 03:09 PM)
user posted image
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Nice. Saves the trouble of transferring between exchanges laugh.gif
raptor_cZn
post Oct 1 2021, 08:11 PM

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Attached Image

Why is there so much borrowing for BNB now? Lol

Most of the defi lending platforms almost run out of liquidity driving the APY super high
raptor_cZn
post Oct 13 2021, 09:23 PM

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https://www.binance.com/en/support/announce...1e9f339497aad5f
New token on Binance launchpad

This post has been edited by raptor_cZn: Oct 13 2021, 09:23 PM
raptor_cZn
post Oct 19 2021, 08:22 PM

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QUOTE(UserU @ Oct 19 2021, 07:41 PM)
Anyone knows where can I get ADA loan with USDT as collateral? Binance requires 500 ADA minimum which is quite a sum.

Planning to get $400 worth of the asset.
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Can try Venus Finance on BSC
raptor_cZn
post Oct 20 2021, 12:13 AM

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QUOTE(UserU @ Oct 20 2021, 12:08 AM)
Thanks, I'll have a look. Any quick guide on how to get started?
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https://emreloper.medium.com/a-beginners-gu...ol-c06e74ac9ed5 This article is pretty good.

When you borrow, you will also get paid XVS tokens so you might actually be getting paid to borrow if the net APY is positive provided the price of XVS doesn't tank.
raptor_cZn
post Oct 20 2021, 08:48 PM

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QUOTE(UserU @ Oct 20 2021, 08:36 PM)
Exactly. That's why I don't fancy using non-stablecoins as collat especially with the current bullrun

Thanks for the article, will have a read during my free time smile.gif
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Yeah using stablecoins as collateral is safer. The XVS is a bonus when you supply and also when you borrow - it is actually meant to be used as a governance token to vote for stuff. Similar to AAVE.

Attached Image
raptor_cZn
post Oct 20 2021, 10:43 PM

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QUOTE(Juan86 @ Oct 20 2021, 10:06 PM)
how to mint vai ? the button is in grey
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I think they temporarily disabled it because VAI can't maintain the peg or something like that.
raptor_cZn
post Nov 4 2021, 09:52 PM

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OMG pumping towards the airdrop.

Anyone still have bags from 2017? Seems likely that it will dump after the snapshot
raptor_cZn
post Nov 9 2021, 10:58 PM

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QUOTE(Wolves @ Nov 9 2021, 01:40 PM)
thanks for the reply.

hmmm.. have you not ever take out your "initial investment" at all? tongue.gif just curious. I would have taken out the first part so there is no loss tongue.gif but thats my old brain thinking. Anyway, if Luno is the only legit way to "sell", wouldnt that make it the better choice of wallet to have? And how much per month or per transaction will attract attention? (i know this one is hard to answer but who knows someone tried and "appeared" on LHDN/BNM radar). Kucoin/Huobi is just another exchange like binance right? If so why binance is banned but not other exchanges? or they are all banned? is crypto banned or taxed in malaysia?

From what I found out (not sure true or not coz i just been reading about it past few weeks), binance is banned coz of suspected activity (money laundering) and crypto is not actually illegal in Malaysia. Being tax or not depends on the activity such as trading (a lot of transactions and your main income is from trading pairs) vs capital growth (put in and wait for it to grow value and not trading as a "job"). However, if such is the case, then why is "buying/selling" crypto from fiat and to fiat such a hassle in Malaysia? This is the part I do not understand and a barrier for me to try. I want to try but when i see the hassle its really disheartening (besides the overwhelming information and all the "scare" alerts). Can enlighten me on these parts? Is there a way i can just install a wallet like trust wallet and just buy using bank transfer into the wallet and off i go getting the coins/token i want without all the premium price and vice versa for withdrawing?
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If you want to lock in your profits, just convert to stablecoins like USDC or BUSD - unless you really need to use MYR to spend on something. There are various lending platforms that much higher interest rates than banks anyways (>8% for CeFi ones like Celsius, Nexo, Crypto.com etc.)

There are also stablecoins in other currencies (TGBP, TAUD, etc.) if you prefer to hedge against USD but less popular at the moment. But of course DYOR on them.

I would advise to not keep in USDT for long term hold - for short term trading it is fine since its currently the most used stablecoin and accepted at most exchanges for trading pairs.

This post has been edited by raptor_cZn: Nov 9 2021, 11:00 PM
raptor_cZn
post Jan 8 2022, 01:29 AM

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QUOTE(Davidtcf @ Jan 7 2022, 11:25 PM)
Hope you are right. That's why I'm not selling yet. Would lose too much of my money anyways.

Praying hard when I wake up one day, its price will shoot to the moon 🙏
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Tbh, the amount you put in doesn't seem that much compared to most others in here I think laugh.gif .
If it's not rent money and money that you can afford to lose then you shouldn't be too worked out about it.

S&P is also down because of news that the fed will be increasing the interest rates.
raptor_cZn
post Mar 3 2022, 09:57 PM

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https://coinbynews.com/binance-resumes-operations-malaysia



Hmm?
raptor_cZn
post Mar 15 2022, 09:00 PM

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QUOTE(Davidtcf @ Mar 15 2022, 01:23 PM)
Hello, for nexo referral .. can I transfer my crypto from celcius to nexo to earn the referral bonus of 25usd? Or I have to pump in 100usd by buying crypto on nexo website only can get?

Can anyone share their invite code please?
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You can transfer from Celsius, should work.
raptor_cZn
post Nov 24 2022, 11:33 PM

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QUOTE(ljken @ Nov 24 2022, 10:28 PM)
Cz raising 1B for funds to save projects, incidentally today 600m busd was withdrawn from Binance hot wallet and 389m worth of Bnb from Venus.
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BNB withdrawn from Venus is normal during Launchpads
raptor_cZn
post Nov 25 2022, 09:06 PM

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QUOTE(ljken @ Nov 25 2022, 12:52 PM)
Ah I see, thank you for sharing
Ayam oso no idea, most solid projects protected their funds well
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60% APR at the moment if you are not interested in the Launchpad lol
raptor_cZn
post Dec 16 2022, 10:28 PM

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https://www.reddit.com/r/CryptoCurrency/com...less_and_silly/

So much irrational FUD at the moment. Of course self custody is the way to go but the amount of blame shifting away from FTX & SBF is mind boggling

 

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