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Matias Conforti

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Everything posted by Matias Conforti

  1. I totally agree, my worst mistakes with crypto were due to lack of patience, I sold UNI at 3.5 USD, and I remember selling LEND in 2018 for a price that today would be ridiculously low, the key is to learn from these mistakes
  2. Particularly what I am trying to do is split between several wallets, I use Metamask, Trust Wallet and I leave a little bit on Binance, so that if there is any problem with any, I don't lose everything
  3. I think that if it influences, most of the time in the price of other currencies, it is very difficult for any currency to take off from the market and go against the trend set by Bitcoin
  4. Particularly what I hope is to learn a lot, since this crypto world for me is something that is here to stay, and it is increasingly being adopted
  5. I think BTC still has a long way to go, its capitalization is tiny compared to that of gold, if it becomes only 10% of that market, BTC would trade at 140k
  6. The commissions depend on the network, ETH and BTC are very high, I think it is best to use the BNB SmartChain network, the truth is that it would be very important for the entire ecosystem to have lower commissions in all networks
  7. I think it is very difficult to know when the BTC is going to go up or down, I follow several analysts and Youtubers who know a lot and not even they know it, what I use is common sense, if it went up a lot I sell a little and try to buy back more down
  8. The first income I had was trading, seeing it from a distance I think it was a coincidence, since I had no idea what I was doing, but the market was bullish
  9. Particularly what I do is try to accumulate more crypto, if I do well in a trade I try to buy back lower, so I can accumulate coins
  10. I think it is not necessary to go that far, if I could go back to March and buy at 4k it would be a 10x profit, really incredible !!!
  11. I think the upward trend is unquestionable, if you look at it in annual charts the growth is impressive, there is no reason to believe that this will stop happening, I think the crypto market will continue to happen in the long term
  12. I think so, some projects are made to be scams, I remember the case of Bitconnect, which left thousands of users without anything overnight, many others are abandoned as Substratum and there are even exchanges that disappear with the money of users like Altilly
  13. I think the most important thing is to manage emotions, not to sell in panic or buy with FOMO, apart from that experience and patience are very important, it is also very difficult to become a successful trader, the simplest thing is to buy and hold long term
  14. Unfortunately there are many people who still think that the whole crypto world is a scam, they should inform themselves and investigate a little more, especially for them, because they lose many very interesting assets
  15. In particular, I think it could go down a little more, maybe up to 28 or 26k, you need to breathe and then keep going up, it had gone up a lot and very fast for my way of seeing it
  16. I have the doubt that it is already finished, the market rose a lot and very suddenly, which makes you need to breathe a little to take profits
  17. I think that depends on the particular economy of each person, and their circumstance, if I need urgent money I would say USD, but if I can invest, I would do it in BTC without hesitation
  18. I don't know if it will help the governments' economy, but if it will help the people's economy, since it provides us with a refuge of value against inflation and protects us from local regulations.
  19. I think it is going to drop from the 1100 that it currently is and is going to correct to 800, it went up too much and very suddenly, the whole market needs to breathe
  20. In particular, I try to accumulate more coins or different projects, what I do is sell when I think it went up a lot to buy back at a lower price, I do not get capital but I reinvest to have more coins
  21. Particularly what I do is do my own research, I take into account the opinions of some Youtubers but I always try to do my own research
  22. I think that getting into the crypto market was the best investment I made in my life, not only for the profits it brought me but for the learning it gave me
  23. I do not think that is the case for the majority, one or the other may achieve it but most of us must see it as an extra income apart from our full time work
  24. I try not to use Bitcoin for transfers, because of the high commissions, I try to use Litecoin or Dogecoin which are very fast for transfers and charge very low commissions
  25. I do not think that cryptos are a scam, maybe some are, but it is not the generality of the market, I particularly invested in several currencies that ended up being SCAM (Substratum, Ethereum Dark, Malasyan Coin), but it is not the fault of cryptos in general but it was those particular projects
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