In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it
if you are investing for the long term, then staking is the right choice, because it can help you to increase the number of your coin that you invest, but if you are investing for the short term or trading, then my advice is that you better not do staking, because if the price of coin that you invest has increased very high, then you can't sell it right away to take profit, so it's better for you to just hold it in your wallet and not staking it. |
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Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.
Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you
I personally would advise you to invest in altcoin that are in the top 100 if you want to hold until 2026 and I think your choice is right to buy ETH and BNB, so my advice is that you better to invest again in ETH and BNB, then hold for the long term, because I believe if there is a bullrun in 2026, then of course the price of BNB and ETH will increase very high or even create a new ATH price. |
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the risk is very big to invest in PEPE, because the price of PEPE has increased very high and PEPE is a meme coin, so I never recommend you to investing in PEPE, but if you want to invest in PEPE then it's better for you to invest only for the short term and when PEPE is starting to get hype again (the price of PEPE starts to increase), so I suggest you to sell it immediately (take profit), because the price movement to go back down is very fast and that will make you lose your money.
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These days everyone is talking about the Meme coins and they are trending. Do you like investing in MEME coins ?
Do you like Meme coins and what are your Opinions on Meme coins. I understand Meme coins have no use case but they have hype and that's what you need to make money. Yes, the narrative of Meme coin is very short lived but it may give you 50x or 100x returns within no time.
I don't like meme coin and I don't hate meme coin either, it's just that meme coin is a ridiculous investment, so people who invest at the beginning will get profit, but those who invest at the end will lose money, that's why I don't like meme coin, because meme coin is like transferring money from one person to another and the risk is very big (the price goes down and it's hard to increase again), so that's what makes me not interested to investing in meme coin. |
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
the most important indicators are hype and fomo, so you can invest in hype altcoin to get profit, but of course you shouldn't be greedy and have to sell it immediately if you get profit (my advice is 10-20%), but if you want to invest safely without paying attention to indicators, then you better invest in Bitcoin, because when market conditions are good, then of course the price of Bitcoin will definitely increase the first, so you will definitely get profits from investing in Bitcoin quickly. |
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The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
if I definitely suggest you to investing in altcoin that are in the top 10 on coinmarketcap, because it is definitely safer and you can still get profit from investing in these altcoin, therefore I advise you to invest in ETH, BNB and Matic, because I believe these altcoin has a good potential to be used as a long-term investment, so you won't regret to investing in these altcoin at this time. |
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What is the fair percentage of a total max supply that are in circulation that can make you invest in a project? It is fine to avoid a project that has low circulating supply? Why? What about if the project is a brand new project and the use case is killing it?
actually it depends on the project, if the total supply is a lot but the project is good and useful, then I might still be interested to investing in the project, but I've never invested in a project that has unlimited total supply, because the price is very difficult to increase, so I prefer to avoid it than I take the risk to invest in a project whose total supply is unlimited. |
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Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.
What future do we really hope for altcoins without bitcoin?
it actually depends on altcoin that you are investing, therefore my advice is before you invest in altcoin, it is better for you to do your research first, because if you invest in a bad project (no progress) or don't even have a product, then of course the price will definitely be decrease and it's hard to give you profit, but if the project that you invest is a good and useful, then you don't need to worry, because the price will definitely increase very high even though sometimes the price of Bitcoin hasn't increased, but the price can still increase, so it depends on the project that you invest (good or bad). |
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staking stablecoin is better than putting it on the bank but as they say higher rewards means higher risk
I agree, because stablecoins also have risks (such as the collapse of stablecoin from LUNA), so in my opinion if you want to staking stablecoins, then we need to choose stablecoins that are safe and widely used by people (high volume), therefore I always choose USDT or BUSD for the stablecoins that I use as staking. |
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as long as market conditions are still correcting and not increasing, then a bull run or altseason has not occurred, so it is still the right time to invest in Ethereum, because I believe if the market recovers and a bull run occurs, then of course the price of Ethereum will increase very high and create a new ATH price, so you will get a big profit from investing in Ethereum at this time, therefore now is the right time for you to invest in Ethereum and do DCA Ethereum every month or when the price of Ethereum dump.
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Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?
my advice is 40% in ETH, 40% in BNB and 20% in XRP, because I prefer to invest in ETH and BNB, therefore the percentage of ETH and BNB is bigger than XRP, but I still recommend you to DYOR, because you invest with your own money, so you have to manage your finances and the amount that you want to invest by yourself, because a good investment is an investment that we choose for ourselves (DYOR). |
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BNB is now priced at 313$ and has passed 300$, I think BNB can still survive and rise, compared to other altcoins which are still stable at lower prices, BNB can be considered more valuable, of course the potential for BNB to reach an all time high before the end of 2023 is very high
absolutely right, I agree with your opinion, because I think BNB is very good for investment especially hold for the long term, BNB is also very popular nowadays and all products from BNB are very successful (blockchain, exchange, launchpad), so I believe if BNB will definitely creating a new ATH price (probably in 2024, at the time of Bitcoin halving), because a bullrun will definitely occur at that time. |
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At The Time Or At The Moments This Is Really Crazy Moments Because Bitcoin Trying Little Mobe Pumping And DOGE Coin Already Starting Moving To Pump And I Hope Alts Coin Now Ready For Moving And Everything Is Crazy Times.
yes, the market is currently trying to recover, because the price of Bitcoin and some altcoin (XRP, DOGE, ETH, etc.) is starting to slowly increase and I'm sure if market conditions continue to slowly increase, so it's not impossible if the market will experience a bull run in the near future (end of the year or early 2024), so now is the right time to invest in cryptocurrency before it's too late (crypto market increased very high). |
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What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?
as long as you get profit then it's a good idea and in my opinion $50 is a fair price for CAKE, so of course the price of CAKE can definitely reach $50 according to your target, it's just that the market is currently in a bad condition, so CAKE prices are still difficult to increase, therefore you have to be patient and wait until the altseason comes to make CAKE prices reach $50. |
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maybe that could happen, especially now that PEPE is listed on Binance exchange, so the chance for PEPE to beat SHIB is very big, then it's not impossible that PEPE can become the next SHIB (replacing the popularity of SHIB), but the risk to invest in PEPE is very big, because PEPE is a meme coin, so I think if you want to invest in PEPE, then don't invest for the long term (big risk).
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because there are still many opportunities in a project where it is possible to give a high ROI if entered at the right time, I once participated in a move to earn STEPN project, and I got quite a high profit because I joined at the start.
I agree with you, if we want to get a big profits, then investing in altcoin is the right choice, because altcoin prices can still increase very high, so we can still get a big profits from investing in altcoin (although the risk is also big), because if the project from the altcoin there is no progress then of course the price will definitely go down, so if we choose to invest in altcoin, then we must also be prepared for the risks (losing money), because investing in altcoin provides a big profits, but of course with a big risks too. |
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Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
if I personally will not invest in Shiba Inu and I'm not sure if the price of Shiba Inu can reach $1, because there are many other coin that are more worthy and have a good potential than Shiba Inu (give you a lot of profit), so until whenever I will never invest in Shiba Inu, because Shiba Inu is branded as a meme coin and I will never invest in meme coin again. |
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I am sure if the price of SUI will continue to down (but not below $1), because people who participate in WL get a big profit (with a capital of $45, they get 1500 SUI) and of course it will make a lot of people who participate in WL will take profits, but I'm sure that in the near future the price of SUI will increase again, because in my opinion SUI is a popular and good project at the moment, so I will invest in SUI and hold until the price of SUI reaches my desired target ($3-$5).
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so we only have 1 year left for DCA and after that our patience will pay off, because I believe 2024 will be a good year for cryptocurrency, because the price of Bitcoin and some Altcoin will definitely increase very high and create a new ATH price, therefore I want to take advantage of the current opportunity to do DCA Bitcoin and hold until the next bullrun comes, so that I will definitely get a big profit from doing DCA Bitcoin at this time.
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