It's depends on you. If you are new to this market. I would say stick with bitcoin or high volume or top 10-20 altcoins. Cause low volume altcoins are highly volatile. But if you know this market and know when and where to invest then it's absolutely fine you can put your money anywhere.
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I think it's hard to compare both of them. I know they work in the same space but still they have some differences. Ethereum is the biggest platformm based token with huge community and dev base. And ethereum is fully decentralised. In other hand bnb is not just exchange base token now and now binance smart chain is highly popular now. But it's not fully decentralised. But it's also perform well. But it's hard to take ethereum place.
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Yeah, that's a very big problem. At least at this moment one in ethereum there is a lots of transaction done so the gas fees is in upper side plus they the price of ethereum is also high. So for transaction you have to pay high price. And it's not a good thing for atleast small crypto enthusiasts. And there is no way to skip it. There are chains which has very low fees and I thing after ethereum 2.0 come the fees will show a good decline. And only then the problem will solve
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At this moment most of the coins are in very high price. And maybe it will go more. So if you invest in a altcoin you should go for long run maybe 5-6 years and for that I think dot and ethereum is the best choice beside bitcoin. But if yiu want to make trade and make profit .you can put your money in any altocin and can make profit and goes to other coins. That's it.
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If bear market come any time it's hard to go in profit for any altcoins. When market falls and bitcoin too. Automatically all other coins started to fall and they fall badly than bitcoin. So when bear market come it's better to convert all your token to usdt or any stable coin. In last bear market there are few token those who perform better than bitcoin one of them is chainlink. But it's really hard to find one. So it will be better if you consider stable coins as your saviour.
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At this moment this market is already high and maybe it will go higher. But there is some risk of some correction also. But if yiu invest for a long time then whenever you invest you will make profit in long term. But if you are not new I would suggest first learn about this market and till then invest in big coins and do some research. But if I have 100$ I would go with 50-60% bitcoin anothrr 20-30$ altcoins. Which I think will grow up. coins lik ethereum, cardano and some definbased proj
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This is a very old post. Many people think that this whole market is nothing but scams. Cause there is not enough clarity or less understanding about the market. But now people understand that this market is not a joke. Institutional investors are interested in the market. And market grow very much from there. Now people have other perspective about the market.
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You can check ethereum for yourself. From the first ethereum always been a potential projects. And day by day it's grown very well. Now it is the biggest platform based token available in the market . Plus it has the one of the biggest community and dev base. It has some problems like gas fees , transaction time.but after ethereum 2.0 launch this problems will be shorted. And will grow more and more.
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It depends on you. If you are new to this market I would say be careful with altcoins atleast with those altcoins which have low marketcap. In other hand if you know this market well then it's fine to invest in altcoins. It will give more profit than bitcoin. But most of the time newcomer come and put their money in altcoins and most of the time they end up in loss or something. So be careful that's it.
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Both of them are very much differ from each other. In one hand bitcoin is th first blockchain based crypto currency. And it is the most popular and used crypto. And it has the 50-60% marketcap of whole market. And in other hand ethereum is the largest platfrom based token with a huge marketcap and with a big community and dev base. And they are both big. So I think it's very hard to differentiate them that's it.
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At this moment it's kind of impossible. The market is in high position and now most of Dex are in high use. So the transaction are limitless now so the transaction fees are too much. Plus ethereum price is also very high. You have to wait till ethereum 2.0 to see some improvement in gas fees and transaction speed. Let's see when it comes.
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I think it's fully depends on you. If you are a holder and you are in 4-5x profit thats a good profit. But if you think that coin have more potential you could hold it further. But when ever you sell a coin don't sell it fully. Every time I'm in profit I sell 30-59% of that coin. And invest in other potential projects. And the rest i just hold wherever it goes low or high.
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I don't think stable coins are for investing. Cause if you invest in stable coin there is no gain. But yes if convert your investment or hold stablecoin for a better chance to enter in the crypto market or to pay someone there are lots of choices available. But for me most of the time it's usdt. I knwo there were many news about usdt but I never faced any kind of problem. But if you don't want to put your money in one place yiu can chose other stable coins too.
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Ethereum is really one of the best project of this market. And day by day it's growing more. At this moment it is the biggest platfrom based token with a big community and a big dev base. And after eth2.0 it will grow more. But it will catch bitcoin or suppressed Bitcoins marketcap is not just possible. Maybe it can. Cause this market is very unpredictable.
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Yeah that's true. I also experience the same thing. Those who don't have any kind of knowledge or those who think crypto currency is nothing but scam. They started to know from me how to invest. And thats one big problem. This kind of people start to invest without any kind of knowledge and then suddenly they don't know what to do and end up in some kind of scams or in loss. And they suddenly start to blame you. But not all the people are same. Some grow real interest and start to know about the market and earn profit and stick to the market.
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2021 is good for many altcoins. Most of the altcoins give good amount of profit in last few months. Many of them have 5-10x profit also. And I think defi based token will do good this year. And for defi based token the contract based token like ethereum and bsc or others also grow big. But i think this year is for ethereum band it will go more. If market grow like this many more tokens also give high profit.
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This market is highly unpredictable. Dogecoin is one that has no set roadmap for the coin but they have a really hopeful and supportive community. Which push the coin to high. And now this coin is on hype many those are not even know about blockchain much know about dogecoin. And after that many big figure stand for doge coin. So the price going up and up. Maybe it's a bit hard to touch 1$ for dogecoin but the way they oust so fast maybe it can happen. But for sure when more mass adoption come the the market it will touch 1$.
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Bitcoin is the face of the whole crypto market but rather than bitcoin there are lots of coins which are really important for this whole crypto ecosystem. And I think stable coins hold a good position on the list. After that contract based projects like ethereum, cardano,Eos ,neo are also very important for the future. But my main focus is on ethereum and cardano. Cause ethereum already have a very big community and 3rd party dev support. And cardano is also a research based project it also cauld be very big in future. And except this all which ever coin make crypto community to enter mass is also important for this matket.
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