back then when the tick badge basically that means account verified was gotten through real verification it still holds value and adds reliability towards some project but the fact that the rules have been changed to commercialize this kind of badge then all of these instantly became meaningless, so depending on verified twitter to determine whether a project is reliable is kind of foolish honestly.
Even if that badge still forced users to go through that verification process it would still not mean anything, I have seen several projects on the past that claimed to gain verification by an exchange and they still scammed their customers in the end, so this demonstrates once again that trying to rely on a centralized institution to do the job we should do ourselves is a bad idea. So if someone out there wants to know if the project in which they are interested is any good then they need to do their due diligence, and if they refuse to do it then they need give up the idea of investing in that project. thats true, heck even someone that already considered famous enough for most investors like certain founder of coin that once overtaken ethereum position are still scamming. these reliability based on trust against certain figure is already getting old enough, its all about the system that prevents such thing from happening that matters more. |
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honestly I'd consider success in cryptocurrency just the same as investing in some other investments.
it's basically a success if you could grow your initial investments or you have an income from it. moreover considering the fact that many cryptocurrency holders has been having some massive profits if they hold it for long.
i think pretty much all those holders are successful people.
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The high cost of gas for token delivery is a problem in today's market. Despite being more attracted to altcoins with higher ROI potential, Ethereum's high gas fees can be a barrier when sending tokens. To prepare for this situation, there are several steps that can be taken, such as choosing the right time, deploying a more efficient blockchain network, selecting a compatible wallet, considering token consolidation, and keeping scalability solutions. Staying abreast of the latest developments and adapting strategies is key in dealing with high gas costs in the market.
but high fee gas only occurs on the ETH network and this high gas fee is due to dense transactions on the ETH network. what ERC20 token holders can do is look for when the gas fee will decrease because there are times when the gas fee on the ETH network will decrease. and indeed people with limited capital should avoid ERC20 network tokens. even waiting wouldn't be that easy, it reminds to previous small bullruns that happened few weeks back, quite literally the blockchain is crowded, doesn't matter if you wait until 24 hours big fat chance you will still pay the high gas fee at the end of the day, because the blockchain quite literally have dense traffic 24 hours. |
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this honestly seemed very interesting, moreover if your portfolio have BNB in it basically you get this facility for free while holding BNB waiting until it hits all time high.
the utility of BNB are increasing every year I think its such promising coin honestly.
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High risk high return. That's what makes everyone willing to bet on altcoins. An altcoin can give up to 10 times the return in one year. BTC currently can only provide returns maybe around 10-50% in one year.
and the time required for an investment is significantly lower if compared with bitcoin too, I think thats why many are eager to invest in it, because its just faster and more profitable but with a big if that is if they find good project because most of the altcoin just outright tanks but some are really good. |
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I just think that at this point some other coin overtaking ethereum throne as it is right now will be hard.
the disparity in market capitalization alone already reflects how difficults its gonna be for some other coin that hasn't even as established as ethereum to overtake it.
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its already known that every bull market there's elimination of some altcoins that are low quality being replaced by new emerging ones while the good quality ones remains.
meanwhile the rank positions indeed always changes, usually the newest most good quality coin takes over.
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honestly after massive correction and series of them right now its already undervalued heavily i think that in the future bullrun it will rise really high so I think currently is best time for you.
or if you are concerned about getting better entry just wait until it bottoms out maybe there will be many opportunity arises after all there has been many bad rumours surrounding crypto space.
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In binance? It almost impossible to find it. If youre looking for x100 then you should find coin who listed in small exchange or even not listed yet (such as ICO or any other else).
thats true most coins that have been listed in binance are usually already their peak increase, otherwise they wouldn't garner binance attention. its always those coin that could somewhat be classified shitcoin on its early phase that increase that much honestly. |
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even though arb was good coin honestly but the main drive of its price was mainly because of the many meme coin that has emerged in the blockchain.
everytime there is an airdrop it adds massively towards the traffic of the blockchain. I think now that the trend has been weakening it affects arbitrum.
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meme coin in general aren't really in good situation right now elon too busy having lawsuit against thread that I don't think he will care enough about meme coin and will shill for it.
wait until next bullrun sign appear i guess before accumulating.
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wait until ftx 2.0 appear then maybe you will see some price change with this coin after all it was heavily influenced by that platform back then.
but honestly I have so much doubtful in regards of the prospect of this coin.
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and nothing significant happened to the coin itself, these burning strategy are surely not effective nowadays, so many altcoins out there are also doing the same thing and regardless
there is not much effect resulted from burning coins in order reducing the total supply.
I wonder if this strategy still relevant regardless of luna that is in a state of dying.
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High Gas is really a problem with ethereum and most blockchain networks but what i normally do is that whenever the gas fees are low, I normally move them to centralizes exchanges and leave it there so that i won't incurs high gas fee, I know it's risk but i am trying to avoid high gas fees for transactions
the other option would be to move over to the second layer alternative for the sake of avoiding the fee but then again it would still requires some fee when sending even in the second layer solution even though the fee significantly lower. |
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actually I'm not interested in meme coin, it's just that I like to take advantage of existing situations, so when there is a meme coin that is being hype, then I will also invest in the meme coin, but of course I will not invest for the long term, so when I get profit at least 10%, then I will sell it immediately, because investing in meme coin has a big risk.
indeed the most logical thinking would be taking advantage of the massive meme coin bullrun and then leave it after there is signs of dumping. after all the investments flocks there, but i also sure that its not as easy as it pictured to be. |
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It will depend only the market situation because if the btc price will rise continue then possible. You should looking bnb price up or down everytime but real timing for up always. BNB is a strong community platform even they have larger investors. They have some real services then many people like bnb for using others sector.
not really a service but holding BNB might get you some rewards by binance. but then again the market movement of BNB doesn't really depends on bitcoin movement solely, but currently there are other factors like the lawsuit which should be of concern, anyone investing in BNB should know that. yes, usually the BNB price always follows the Bitcoin price, when Bitcoin pumps, BNB can also pump, but it's a shame that BNB didn't perform well this month, because Binance is being sued by the SEC, so the BNB price has had an impact. regardless I think BNB still have the chance of achieving that target honestly $300 is just some small increase for BNB we have seen BNB reaching even greater price in the past when it hits all time high which significantly greater. |
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Some of your words are true but it also true that, a coin also start increasing when any good exchange announced to listed it in their exchange. It'll be great if i can buy a coin with cheap price which is possible while token sale but Who will guarantee that PEPEWX will be profitable in long run? Cause after all It's a meme coin and most of meme coin don’t have any future
thats true but honestly once meme coin gets listed you're already too late to invests, everyone else already make an investment, so basically eitherway you're just wasting your time and money away. in this case better avoid meme coins in general then. However, memecoin is still memecoin, if memecoin is experiencing a pump then it is caused by fomo and of course that is not a healthy investment, because a dump will always occur after a pump, you can see on coinmarketcap that 99% of memecoin is dumped -99% at the moment, and yes, except for 1%, for example Shib, Doge, Floki and Pepe, who are currently experiencing positive ROI. also to add something these meme coins that still retains their value after sometime are usually getting shilled by some famous figure, they got that support in form of shill and investment. so I guess that make sense why some meme coin still retains its value after so long. |
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At this time? Sure not gonna happen. It almost impossible for CAKE price to reach $50. Especially if we looking into the market situation right now, the project really need to do something BIG if they want to reach that price in the future.
there's nothing BIG that swap platform could do honestly, there's just rarely innovation nowadays, moreover added with the fact that most of these swap platform have reached their peak valuation, i doubt they could even grow significantly from here on honestly. If you already have a lot of users like Pancakeswap, that's already a good achievement, but DEX development is just like that, nothing special, but keep in mind if CEX is disappearing and DEX is increasingly being used then CAKE can make it possible to reach $ 50 or more. even then reaching $50 is a bit stretch, its just too far from current valuation not to mention that coin that already have quite high market capitalization aren't that easy in multiplying its own value. so honestly I also a bit pessimistic in this regard honestly. |
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there is no need to be more than 2 meme coins that have humongous valuation.
I just wonder why people everytime they encounter some good meme coin always think of them as the next shib as if there's really need for meme coin to have that much valuation isn't the most important thing is that the investment turned out to be great.
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Right now there so many new coins appear in this crypto market, most of them just pure scam. Especially meme coins who don't have real product/services to be offer, i don't know why there so many people who believe on the type of coins like that, especially if they want to hold for the long run.
It seemed that those who believed due to lack of experience, to me it is very clear that meme coins are not worth long term investment, it is better to minimize the risk than to lose money just like that. meme coin isn't even investment its speculation but regardless someone could still get quite promising profits if they know the cycle of these meme coin so I don't think betting on them is wrong either. |
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