most aren't even concerned with these things, what most know is that some nft is just a mean to earn some money. heck even there are many nft that was only used for airdrops claiming and then get done with it like it doesn't exist. so I think in this regard, many are just don't care.
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you can be almost certain that these new project that just outright use the name similar to the ones that already famous is gonna be turning out having valued really low, everyone know it's just some clone which isn't exactly clone but just the worse version of the original, the only good choice for investment that's the original, even then it is still highly speculative yet the speculative nature is what makes this coin famous.
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I don't think its that hard to avoid scam projects anymore. There are companies like Certik nowadays that can assure you. Also community is very active now. You can find hundred people to check on Twitter or Bitcointalk forums if altcoin you invested in is scam or not. Also, you can look for developers always. Current internet allows you to find their background lot more easily compared to past. You may also wait for a coin to hit better/bigger exchange like Binance.
isn't certik is quite literally just smart contract audit, if the smart contract is fine doesn't mean its not gonna do some trick, there are many ways a smart contract could get rugpulled, and usually most of new coin aren't really being reviewed by certik but that just my 2 cents though.
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Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
in my opinion Tether is still safe to hold my funds, because Tether is still popular and many people are still using Tether to hold the money (seen from the volume of Tether which is still high), thus making Tether safe to use and hold, so as long as there are still many people who support Tether and until then Tether is still safe and feasible to use. what important is not popularity, its whether the reserved funds of tether as a company matched with their total supply, we all know stablecoin backed by something in retaining its value and if it didn't match it only means one thing, a disaster.
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considering the fact that it gonna be listed in binance recently this coin got the chance of becoming the next shib and that's for sure. there has always been constant increase in this coin even the CMC chart showing massive increase in the coin, I wonder if this will go on until it reaches at least #20 rank and beyond.
PEPE coin is not going to pump forever or reach straight to number 20 on the coinmarketcap. It got pumped today only because there was the announcement of PEPE listing on the Binance. As soon as it was listed, we saw sharp decline in the price of this coin. Since this coin has no use, I expect it to fall further special after the hype of Binance listing is over. Whales may pump it for few more days but sooner or later it will dump and many holders may get rekt. MEME coins are always an risky investment and one must always invest a very small portion of his portfolio in Meme coins. agreed, it's foolish to think that this meme coin gonna pump forever, someone needs to find some exit liquidity and this listing event is the right chance, eventually everyone will also dump this coin to oblivion which cause massive wreck towards the current holders that faithfully thinking this thing will always rise forever, investing in it right now is definitely the worst someone could ever do in their investment career.
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agreed with what everyone else has stated, litecoin too much irrelevant to be game changer. but quite good enough for safe investment I guess, but consideing the fact that it has lost its place in the cryptocurrency rank by market capitalization maybe it's not really good of an investment at all. but then again there are many coins released every month out there which are technologically advanced.
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The whole Budget should be divided with some part. Otherwise if one altcoin scam, then have to lose whole budget..so holding bnd Isn't good Choice. Hold btc eth ada matic and other popular coins with that divided money. Those are considered as safest investment all time . Sometimes popular coin also scam like luna, ftp but risk are less. But Newbie shouldn’t invest brand new altcoin.
that's why it's essential to have some diversification, heck even the biggest investment company are all doing some diversification so there's no reason why a newbie didn't follow such advice and diversify their investment to avoid imminent losses like some special case for example luna, had everyone diversified their investment properly they wouldn't go bankrupt.
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if asked to choose Bitcoin and altcoins, of course I personally prefer Altcoins, because I know that Altcoins are more profitable than Bitcoin, yes, even though there are lots of altcoins that are scams, there are still many who have good fundamentals and have low prices now, one of my favorites is Velo Protocol.
it come back again with how much money someone could invests, if it's some miniscule amount then better settle off with altcoin since with even smaller amount of money one could always make massive return which in turn also, one could lose their entire investment.
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Recorded ATH 13 hours ago , up to 4 dollars from the lowest of 1 dollar? but what is interesting here is that the time frame in which the ATL and ATH recording All Time High May 03, 2023 (13 hours ago) $4.5193 67.08%
All Time Low May 03, 2023 (12 hours ago) $1.2326 20.70%
Imagine ? 13 hours ago the All time High recording happened , and just 1 hour after the All time low? what kind of process from this project it is lol. Hope that all the supporters of this project got what they deserved , good luck still as it is 64% down from 24 hours period. that's actually pretty normal for a coin that just got listed, hitting ath and atl within short amount of time because initially everyone always put high buy order and then immediately after that everyone else is dumping the coin to oblivion.
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[...] this is true, the high gas fee caused by the fact that ethereum has really high value, not because their gwei is high, even at really low gwei it still costs a lot, really unfortunate.
Let's see the current gas as of this writing, Lowest - 106 gwei Average - 106 gwei Highest - 110 gwei That's high and not just because ETH valuation has increased. I've seen lower gwei at the same price in USD. Let's just accept the fact that it still couldn't handle the high traffic so the headache of transferring ETH and ERC-20 tokens remains. seemed right, eth gas fee so expensive because it couldn't handle the traffic, its scalability is just really bad, also the gwei required for transaction each block varies a lot, it sometimes only 15 and it sometimes require 110 like what you wrote, and the funny thing is that, many people are still willing to pay such fee just for the sake minting of some useless nft.
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you should still put more attention to the sui ecosystem you definitely arent gonna miss some airdrop of meme coin and make some money for free, further more i think the future potential massive airdrop will be zksync but I doubt anyone with sane mind gonna try this blockchain out right now, after all, eth gas fee is ridiculous.
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I don't think investing in meme coin is still worth it. because meme coins rise only because of temporary hype, so many meme coins eventually die, it's better to invest in altcoins that are clearer and have more potential in terms of utility
well its good for speculating with few bucks, maybe it could turn thousands, like how the recent doge AI has been performing, even some other meme coins too, the thing is, it's good with smaller capital investments.
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Many meme coins created there and valued quite high, moreover the airdrop was never ending like stated by many above. This the only thing that keeps arbitrum blockchain alive I guess, but there are other blockchain gonna be released in the future. I wonder if arbitrum could even hold their candle against these since these implements newer technology.
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coin like ethereum basically smart contract blockchain that allows the creation of various dapps i think will always have better future growth than the other, the existence of one dapp that is of good quality already enough to carry the market capitalization.
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It is quite literally already become tough competition for opensea, i don't know why but it seems many are already moving over to this platform that is blur maybe because of some reason but I think the fact that many are getting tired for no reason of opensea might be the answer, after all blur smart contract one of massive eth guzzler right now.
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these influencers are most of the time quite detrimental towards our decision making in term of financial investment, they just creating financial advice which is not exactly financial advice based on their own interest and the result you could guess it will definitely an exit liquidity for them.
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obviously that's the case nowadays, but honestly even right now many coins are having value increase on its own regardless of the bitcoin trend, i see this like some strange things honestly usually altcoin and bitcoin move in unison.
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not only that some coin are gonna be having some massive downfall but many of them are just gonna outright dying, this is why always put attention in your investments in altcoins in general is essential, you just don't know when they gonna be delisted, and so on, basically investing in altcoin opens up much more possibility of going wrong.
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Transaction was slow for most part of the tasks but it is really straightforward to complete. The only issue is the NFT buying task but that too has been solved. Another thing that might be worth noting is that the 22% allocation reserved for the community is going to be vested for 90 months linearly.
thats gonna be long vested but it's airdrop after all, but indeed the transaction was rather slow maybe the fact that it is still in early phase have something related with that.
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if you want investment that's rather fast and yet quite risky but also not risky enough like investing in shitcoin then i'd recommend try investing in second layer of ethereum, every there is a chance that new second layer are emerging always invests in them but not after it got listed immediately but after it hits new lows, then making profit from then gonna be quite easy.
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