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IronCastle's Posts

Nairaland Forum › IronCastle's Profile › IronCastle's Posts

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Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 11:22am On Jan 10, 2024
MrNovo:
The bolded above shows you are confused but yeye pride no let you learn.
It's obvious you don't know what and how most of this financial indicators work, reason you spend more energy dropping names (BoNk, Shib, Wikicat) rather than explain the concept of the financial indicator. Mind you they are not crypto terms. If you are an oldie that has been involved with Stocks before Forex and Crypto became a thing, you would perfectly understand these financial terms.

Superpack589 asked why is this Circulating supply important. And I already mentioned in response to him that it is irrelevant for a crypto investor before you attempted a silly validation with your Ironcastle and Ningiahzida monikers.
Now as a NEWBIE, I know that whether in Stocks or Cryptos , a higher market cap indicates an Asset that has more acceptability and also stable. To get higher market cap you either are increasing your Circulating supply or increasing your Price or increasing both. So "billion, billion" in Circulating supply should be a good indicator. And I should ordinarily close my correction here. But read on.

As a Crypto Investor, I know that The amount of coins/tokens in circulation can easily be altered by the Project owners by initiating burning or Printing/mining. I used the term printing because with most new tokens/coins I can't vouch for their mining (PoW process). This is one of the reasons why people believe there isn't enough transparency in Crypto sector and so much call for regulation. Again before a coin hits the first exchange a lot happens for it to be accepted for listing which leads to what we know as the ICO and some projects in recent times now incorporate airdrops prior to ICO proper. The reason for all of the various steps in the ICO is to acquire as much wallet addresses (proof of adoption). The number of unique wallet addresses is more important to exchanges and regulators than the quantity of tokens/ coins ever mined or distributed. This tokens are dashed out in thousands all to gain "supposed users" , no criteria order than wallets. Secondly the investors, regulators and exchanges never know the true status of the portion of Circulating quantity that is actually held by the owners, because one of the owners could even control 200 wallets. Thirdly projects wake up and decide they are burning tokens to reduce circulating supply, does it increase their prices over those that haven't burnt , definitely NO. Otherwise Bitcoin won't be maintaining the lead, when it hasn't burnt after Ethereum did. So point of all the explanation is Circulating supply doesn't impact on price appreciation or depreciation. Supply in crypto is largely FAKE. The reason Bitcoin remains price leader is because it'has greater demand and adoption by REAL users than any other coin in existence.
Please guys don't take my word for it. Do your own research with the phone in your hands.

To ascertain the True value of a Crypto, Seasoned Investors are looking at it's Demand, Adoption and financial performance rather than Circulating supply or even the market cap which already gauges the Circulating supply.
Hope this helps true knowledge seekers and Investors.
It's not a crime to have
an alternate moniker grin
Crime › Re: Total War Against Name Checkers On Nairaland by IronCastle(m): 12:24pm On Jan 07, 2024
This is good
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 9:10pm On Jan 04, 2024
MrNovo:
Interestingly Circulating supply is the Least relevant in coin analysis as it can be easily controlled/altered unlike indicators such as Market capitalisation.
But I will wait for him to respond as you directed the question to him . And am also interested in seeing the quality of guidance he brags about.
This one is an outright lie!
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 12:01am On Jan 04, 2024
SimpleGuy001:
pls explain what you mean by it doesn't have enough zeros?

you can take profit but leave some investment on it. From my research myro holding is evenly spread to an extent. The largest holder of the coin is at 7% so whale dumping is minimal.

Although I'm bullish on it sha. Moreover, i have just $12 as a newbie anyway which is now $18. The bull run that is coming will help pump it. Maybe e fit do 40x like neon. I want to do add like $10 in 4 other promising meme coins and see self. New to crypto anyway, make i just catch the next bonk, pop cat or so.
How did know that Neon did 40x?
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 10:33am On Nov 19, 2023
henrycryptmento:
Those saying alts do not give profit are just newbies to this crypto space.

Way back in 2013-2017, alts gave the millennials a stepping stone to open businesses and factories which some folks are working in.

Bitcoin, alts give profit. The problem is choosing the alts by following the major breakthrough in science in the years before the bill run happens.

#AI is one of them. Keep following.
I get am before no be asset!

We're talking about 2023
and you're talking about 10
years ago in 2013 huh
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 10:30am On Nov 19, 2023
yemmit90:
Crypto market has been seriously manipulated to favour only the big players holding bitcoin. I do not forseen any alts holder making reasonable profit even if bitcoin reach 100k. It was never like this before. Only SOL and handful of others made a serious moves, others are just losing it at wide margins irrespective of bitcoin movement.

If you have big fund, trade only bitcoin and some alts that move with it.
No one is manipulating
crypto in the sense you
mean.
What is happening is that
people who have major
funds to invest are avoiding
most shitcoins
bevause experienced traders
and investors have realised
that most of them are nothing
but junk!
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 1:53pm On Nov 09, 2023
Bea1234:
I can't use binance cos of verification issues. How do I proceed with kucoin?
All reputable exchanges
do verification therefore
you can't run away from it
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 11:36am On Nov 07, 2023
Scientheosopher:
I didn't advertise; I only asked the house for exchanges where I can sell 4 USDT at. It's you that said you'd buy.

No need for insults. A deal either goes through or not. Besides, a seller usually decides the terms of transaction. It's left for the buyer to accept it or not.
You can go to Google Play Store
and download "Cash-In" app then
set it up with your bank account
details.

I have used them several times
so I can vouch for them however
please make sure you read the
instructions well.

Bear in mind that you can only
send USDT on TRC-20 network.

The screenshot below is their
rate for today

Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 4:27pm On Nov 06, 2023
DrShomo:
Mehn,.. we can involve someone trusted from this thread.. my alternative moniker is robnectar,... Doyin01 or chikacha can do escrow for us,.. if u can't involve them,.. then forget it bro
Since I'm the most trusted
person on this thread you guys
need to let me know on time if
you want to use me as escrow
for this transaction grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 4:16pm On Oct 28, 2023
Ekehwinz:
Make him use $100 abi
Telling someone to use $15,000
to DCA an investment of just $10
is just like asking somone to use
a 1,000 litre tank of water to dilute
a small pot of soup that has too
much salt in it!
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 11:50am On Oct 28, 2023
Ekehwinz:
DCA with $15k

Slp na sure hit next bull run angry
He should use $15K to DCA an
investment in a shitcoin of just $10.

Na which kind yeye advise be dis? cool
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 7:56pm On Oct 17, 2023
Shinjawestern:
Werin dey happen to dollars
Nothing dey happen to dollar,

na Naira get problem!
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 7:43pm On Oct 17, 2023
cmoney22222:
Deflover.


Lol
You love this name so much grin
Investment › Re: How To Sue Binance by IronCastle(m): 6:26pm On Oct 08, 2023
fashionnisir:
I came cross these site www.Econsumer.gov .
I can use it toake complain for any international case of fraud across board pertaining to us.
What's the value of the transaction?
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 1:55pm On Oct 07, 2023
soklipe:
No worry When the price don 100X dem go begin FOMO. While we go dey corner dey smile.
That rubbish you're advertising
is a potential rug pull.
Mention the name of the main
people behind it and tell us about
the major projects they have worked
on before
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 7:30pm On Oct 05, 2023
Robnectar:
ICP will do wonders
No be only ICP

Na TCP Protection angry
TV/Movies › Re: THROWBACK: Remember The "CHECKMATE" Soap Opera Of Yesteryears? by IronCastle(m): 7:21pm On Oct 05, 2023
grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 8:38pm On Sep 20, 2023
Robnectar:
I just pray I hold cash sha.. to buy usdt and keep
Nothing will make me
convert my USDT100
to Naira grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 8:34pm On Sep 20, 2023
GRACEGLORY:
If you look at CRYPTO from the perspective of blockchains, you would understand that bitcoin cannot exist alone, but if you view CRYPTO from the perspective of currency, you would be mistaken because it will appear to be able to exist alone.

Web3 will replace our current internet, and it will support a number of different currencies and oracles that will link it to the outside world. Be careful not to be led astray by bitcoin maximalists.

A key tool for the Web3 is the Chainlink network, which provides real-world data to smart contracts in blockchain development. The blockchains need interoperability, which is where DOT enters the picture. The blockchains and projects also need an oracle to connect them with the outside world. More than 1,800 projects use Chainlink, including the formidable Swift. Many banks, notably the New Zealand Banking Group, use Chainlink. Chainlink offers completely decentralized finance.


I sell TVs with integrated Internet and interactive Web 2.0 features, which allows users to stream music and videos, browse the internet, and view photos.

Now I look forward to meet the TVs with the Web3 features: the third generation of the World Wide Web


If these projects will happen and be fulfilled, these ALTS, and others that brings or make such projects happen can't be underrated.



In less than an hour, I expect a pause from the FED as the previous market data suggest, except Jerome sees otherwise.
All this talk about Web3
replacing the current
internet is rubbish as
far as I am concerned
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 8:44pm On Sep 13, 2023
Robnectar:
Maybe I should buy dat deflover book🧐🧐


Def pls paste ur wallet address 🤔🤔🤔🤔💬
I will paste it, just give
me one moment grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 9:39am On Sep 12, 2023
Luada:
Guys I need help, I have been entering one website to another looking for where I can buy USDT at a cheaper rate and sell on binance, I saw OKX they said their rate is 786naira which is cbn rate I wanted to ask if it is true and also have anyone withdraw naira from binance account to an e wallet, and please if anyone knows any where I can get USDT cheap please help a brother.
Awuff dey run belle grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 7:39am On Sep 12, 2023
nibacked:
Added more xrp to my bag. I believe it will get to $1 soon
XRP is the most overhyped shit!
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 9:01pm On Aug 22, 2023
DangoteIvy:
Bitcoim BTC halving event APRIL 2024. cool Hopefully, BTC reaches a new ATH price of $150 000 after halving event.
Where will the money for
the pump come from?

This is not year 2020 when
there were are kinds of
bail-out funds flying about in
all countries leading to idle
funds in people's hands
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 8:59pm On Aug 13, 2023
iamdannyfc:
Guys, I hope you know about the sweatcoin update.
Last year, sweatcoin was less than 900 steps per coin, this year it is more than 4000 steps per coin.
Not just it's massive inflationary nature it also has a lot of usecase on the app.
You don't even need to login on the app everyday to mine, you just have to download the app,set it up and it mines the coin for you automatically when you walk.

To download, just click here
Una never tire for this
Sweatcoin and StepN
nonsense?
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 7:48pm On Aug 05, 2023
seunmsg:
My LTC bag don change from Silver to copper. I’m finally on my way to the village 🤣🤣🤣
There are many of us in
this boat with you
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 12:39am On Aug 04, 2023
SeePerson92:
Because of litecoin halving happening on the third of August, expect a big market dump this week before further rise.
You correctly predicted the
market dump.
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 9:27pm On Jul 29, 2023
Hadizometer:
Litecoin is gonna pump massively next neek
Just 4 days to the halving
yet no action.

What makes you so sure?
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 9:19pm On Jul 29, 2023
BeastOfNoTribe:
BigCowHornn, Ladiesforever, LikeAKing, & so many other monikers are all alternate of deflover

Dude tryna play smart but insofar this thread is concern, he's doxxed
You forgot to include
my name grin
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 1:50pm On Jul 27, 2023
LikeAking:
https://coin-market-stats(.)vercel(.)app/

Remove the brackets from the link.
Ok
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 1:48pm On Jul 27, 2023
GRACEGLORY:
Bro. You'd find BTC historical data here: it's got currency converter.



https://ng.investing.com/crypto/bitcoin/historical-data
This will be useful later
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 1:44pm On Jul 27, 2023
cmoney22222:
Okay… pls attach your idcard so I can know you are not a thief
When you transferred the
first $100 you did not ask for
an ID card.

Why do you need an ID card
now to send money to the
same account number? angry
Investment › Re: Crypto Currency Investors Thread by IronCastle(m): 11:47am On Jul 15, 2023
cmoney22222:
I have more than it before I gave you that. You need more? Send your Binance id make i run am for you
Please send to this
Bina.nce ID
347978746

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