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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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Andrew Lim
post Jan 15 2021, 01:17 PM

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QUOTE(mztang52 @ Jan 15 2021, 01:08 PM)
Just want to ask, why doyou avoid tether? Isn't it the same as TUSD or USDC?
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It's the most widely used stablecoin but also the most shady and has legal issues.
https://coingeek.com/tether-printing-presse...-watch-closely/
Andrew Lim
post Jan 16 2021, 02:41 PM

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Polkadot doing well. Market cap is now larger than XRP. Hope it sustains.
Andrew Lim
post Jan 17 2021, 02:08 AM

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This man controls my crypto future tongue.gif
Andrew Lim
post Jan 17 2021, 02:22 AM

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QUOTE(mztang52 @ Jan 17 2021, 02:22 AM)
What coins u holding 😂
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Mainly Ethereum now. biggrin.gif
Andrew Lim
post Jan 17 2021, 02:28 AM

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QUOTE(mztang52 @ Jan 17 2021, 02:24 AM)
U entered at what price ehh? Missed out when it was just few hundreds.. Now I'm planning to buy ethereum at low and start staking
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Most of it below $700.
Dollar-cost-average a bit from 900-1100 too.
Andrew Lim
post Jan 25 2021, 08:51 PM

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I posted the following back in November. I was right but even I didn't expect the $1400 to be broken in just 2 months. smile.gif

QUOTE(Andrew Lim @ Nov 23 2020, 05:55 AM)
Unless there's a major bug like what happened to DAO that forked original Ethereum into ETC and ETH, the future looks bright for ETH 2.

I'm sure it'll break the old all time high of $1400 one day. It may not happen in this bullrun, but eventually it will. So current price is still considered cheap.
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Andrew Lim
post Jan 28 2021, 11:13 AM

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QUOTE(warrior @ Jan 28 2021, 10:58 AM)
Congrats to everyone who received the Binance airdrop for Trust Wallet Token (TWT), launching yesterday hit $0.5 meanwhile $0.3x +120%
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Can we trade into Binance yet?
Andrew Lim
post Jan 29 2021, 08:59 PM

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CoinMarketCap showing meme WallStreetBets (WSB) above Bitcoin lol
Andrew Lim
post Jan 31 2021, 08:38 PM

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DOGE is a meme coin. Sometimes it pumps but it's not for long term hodl.
Andrew Lim
post Feb 1 2021, 02:36 PM

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QUOTE(vknight @ Feb 1 2021, 01:19 PM)
Hi Guys.

When depositing MYR wallet in Remitano -  I am.always given 3rd Party individual accounts to transfer to - not account under Remitano's company name.

Is it safe? Will there be any issues?

So far all all my deposits done within minutes.
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So far only issue is sometimes the service is down and I cannot deposit at all.
Or their JavaScript UI fails to update the balance (even though your MYR is top up it shows doesn't top up). Have to logout and login again to refresh the UI.
Andrew Lim
post Feb 4 2021, 12:03 AM

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QUOTE(JohnsonLoi @ Feb 3 2021, 01:59 PM)
After I know that they can halt trading when there is huge volatility, I do not plan to use it anymore. They call it Circuit Breaker

Imagine wanting to sell BTC at the top but cannot sell lol

Prefer Binance for now
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I feel Luno and Remitano are only good for cashing out or buying stablecoins with MYR, and I would immediately transfer the stablecoins to Binance.
Their infrastructure isn't good enough for daily or regular trading, and they all have Securities Commission breathing down their backs.
Andrew Lim
post Feb 4 2021, 12:45 AM

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QUOTE(wongtheboy92 @ Feb 4 2021, 12:33 AM)
but if u want to convert crypto to fiat, u still need to sell it over Luno/Remitano platform right?
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You can P2P to fiat on Binance too.
And even if cannot, you can still trade for USDT/Dai/USDC on Binance and sell slowly.

But if Luno stops all market orders, can't even do that I think.
Andrew Lim
post Feb 5 2021, 09:17 PM

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I have faith in the ETH devs. As long as Vitalik Buterin is around, I'm sure he'll work on it.

But also good to diversify. DOT, BNB and ADA are the main competitors so I try to hodl them too. BNB especially, BSC fees are much lower than ETH although not as many dapps on it.
Andrew Lim
post Feb 5 2021, 09:51 PM

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QUOTE(Eithanius @ Feb 5 2021, 09:29 PM)
just curious, if you guys hodl on these long term, how do you guys consolidate them into a single hardware wallet...?
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Most of my altcoins I just leave on Binance with 2-factor authentication. tongue.gif
Andrew Lim
post Feb 9 2021, 02:19 AM

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Already correcting a bit after Elon's announcement.
Long term should still be good, we're closer to 50k than 30k for now
Andrew Lim
post Feb 14 2021, 08:09 AM

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QUOTE(ben3003 @ Feb 14 2021, 08:06 AM)
Litecoin also going to hit 1k soon..
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Way back in 2017 I bought 2 litecoins for RM1,200 each.
At that time about $300 per LTC.
One of the worst investments I ever made.
Everything crashed after that. laugh.gif
Andrew Lim
post Feb 14 2021, 08:41 AM

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QUOTE(MANUTD676767 @ Feb 14 2021, 08:31 AM)
I heard the founder sold all his share during that time... Kek
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Yes it's true Charlie Lee sold off at the top. But he publicly announced it and warn that crypto prices was in a bubble. So it wasn't an exit scam or anything.
Andrew Lim
post Feb 18 2021, 02:22 PM

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Last time this topic only have 1 post per week. Now so many posts I can't even keep up.
Andrew Lim
post Feb 19 2021, 03:10 PM

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Yeah Binance has been hacked before, but it was their centralized exchange. Their Binance chain and Binance Smart Chain have not been hacked yet though.
Andrew Lim
post Feb 19 2021, 03:50 PM

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QUOTE(Patent @ Feb 19 2021, 03:40 PM)
If binance BSC manage to flip ETH that will be something indeed.
Might even happen without problem since everyone is frustrated with high gas fee
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I think many people are still waiting to see whether ETH2 updates in the future will solve the transaction fee problem.
Right now miner cartels are the main cause of high fees, when POS rolls out there'll be no more miners.

Also Binance ecosystem can make us rich, but I don't really respect their tactics.
They basically just copied-and-paste most of Ethereum's code and innovations.
BSC copied the Ethereum's EVM smart contracts and Pancakeswap is a fork of Uniswap.
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