Not quite right. Some altcoins do die, even those that were in the top cmc. Look at the history of cmc for example for 7 years. And you will realise that altcoins don't last long. That is, there is always the risk of buying a coin at the "bottom" and it will never grow again.
that's right so many altcoins are actually hardly rising from their grave, they just died out, even the top coins out there aren't different either so many top coins are losing market capitalisation nowadays, that's the harsh truth. |
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I wonder how many NFTs, of all those created at the moment, have any value at all, not only to their owner, but to the rest of the community or even to world culture? How many? 0.001% of the total? Less? More?
-cut-
Probably slightly more then with erc20 or bep20 tokens. As those are even easier to make, you don't need even images to attach to them. I consider NFTs basically as shitcoins or memecoins with pictures. At least with those you can play with more visuals. Having a million pepe coins seems less visully entertaining then having 100 different pepe nfts. Even though you don't own the pictures, just tokens linked to them. well honestly NFT far inferior than even those of meme coin, at least with meme coin in general you can still have some liquidity, but with NFT what really you got though, the uniqueness become the disadvantage if there's no liquidity at all. |
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Did the team temporarily halt the project? Updates stalled for a few months , The twitter account also only has 3 followers and a few short tweets, it's really sad
sounds like a failed project to be honest, after all who truly invests in AI project, even though it has started some trend few months back, but this AI trend isn't really long lasting, heck even at the start of the trend it isn't as big as meme coin. |
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maybe. But i really prefer new L1 projects instead of dinasours. (except btc, eth and ltc). There are so hyped new born L1s to focus imo.
couldn't even categorize ada as some dinosaurs project, it's quite literally relatively new, hasn't even gone through that many bullruns. even though it's true that newer L1 project seems more interesting. |
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all time high point could be pretty much a good reference for someone that wanna make an entry, but I usually see the chart and find whether it's already going down so much by gut feeling so i guess it hardly replicated by others.
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People need to be very careful with all these Altcoins because their chance of long-term success is very slim, Crypto is still at a primitive stage and what we are seeing now is just proof of concept, and most if not all they fail, if you look at the coinmarketcap yearly you will see how top coins disappeared from the list, I just remember æternity, a very well hyped project and one of the first Ethereum killer, presently, it is not on Top 600 on coinmarketcap, just take your profit and reaccess your position forget long term
i think the point being, in every cycle most of the formerly higher ranked coin could just vanish into thin air, that's why altcoin investment in general should always be for short term investment because most of them just outright lose their value. moreover, they also usually stop innovating after some while. |
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just converting ethereum to era ethereum requires really high fee, i wonder if this actually kind of defeats the purpose of these L2 in general, the fee for converting is high enough that before jumping in to their ecosystem, we already losing money.
Go from polygon/arbitrum/optimsm to zksync era, you will pay much less. If you don't have funds on these chains either than use instant swap services like simpleswap to convert from whatever you have available (I recommend this because it has low minimum transfer amount compared to others and supports plenty coins/tokens). still it would cost a lot of money if the ethereum is already in ethereum blockchain, sending ethereum would also cost of money, i think once ethereum already in ethereum blockchain there is no other way to move to the layer 2 without paying the highly expensive gas fee. |
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I don't think such sites or platform can be %100 accurate, even though you are paying for the services the signal person may or may not give correct calls sometimes. I know some people patronizes this platform to aid them in trading because making the right call is not very easy, but if you are able to get %70 out of the money you paid for the signal service that should be a win.
that's the point, following trading signal should also be accompanied by our own analysis, so that it could increase the accuracy, that is even if we are capable, otherwise just follow signal blindly and see the rate of success if it's above 70% as you said, it's still good enough. |
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the only event that i could think of litecoin going parabolic would be the halving but history shows halving isn't as significant as you might think it is.
litecoin halving so far doesn't even create some kind of trend, it's just event that pass and thats it, it's done. no change in value, nothing.
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just converting ethereum to era ethereum requires really high fee, i wonder if this actually kind of defeats the purpose of these L2 in general, the fee for converting is high enough that before jumping in to their ecosystem, we already losing money.
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with the presence of newer coins with revolutionary technology i'd say ada is not good investment anymore, that's the thing with the bullish cycle overall, the coin that got the highest rank always changing.
and it seems ada is not really a good investment anymore despite some people kept saying its got massive growth in its ecosystem, but not as massive like sui and arbitrum though.
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opensea still have much more traffic nowadays as I see, why? because opensea smart contract still far above blur smart contract in term of transaction you could see it in etherscan and decide yourself.
in short, it still haven't overtaken yet.
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can't wait for other retroactive airdrops, many are saying that retroactive are difficult and sometime waste money but honestly if someone truly trying take advantage of the nature of the l2 and avoid ethereum high gas fee, they are already eligible for airdrop by simpling using the l2.
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stablecoin that are reputed like USDT i could see hardly gonna fail, they aren't just gonna suddenly vanish it's no different with usdt, it has been number 1 stablecoin since long ago.
therefore i'd say i trust stablecoin to some length.
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I always have tendency that newest meme coin if don't immediately get trending and even shilled by elon then its fate will be ordinary meme coins that will just
get easily replaced by its competition, there are many meme coins generated every day. don't think meme coin that has been taking years and there's no significant improvement could do better.
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BNB rally, hugely limited to the programs and rewards offered by binance. i've noticed the fact that even with that, the price could hardly move.
maybe it's only suitable for long term, otherwise it's not really good for investment, i even doubtful it will eventually reach $1k this year.
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It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
that's true it's more or less just fate, no one knows what future holds, sweating over the lost opportunity is just nothing more than useless grievance, there are most certainly many reason why many of shiba holders back then just didn't hold their shib until it get this high, one of them must be the fact that they didn't know and that's pretty much okay, maybe next chance. |
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it can also be called greediness, it's always greed that make some people wanna become rich quick even though it's clear that the method in front of them for becoming quick rich is nothing more than just a trickery, like investing into some shit coin with heavy manipulation, if someone thinks they are someone with extra ordinary luck and could score massive profit going against the one that manipulates forget it, that's just blindness clouded by greedines.
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When one token manages to beat the competition and become a new trend, other projects will follow suit and use their name as part of their project. It's a common occurrence in the crypto market.
You need to be careful with new trends that can appear at any time and the projects behind the new trends because not all of them can get the attention of traders and investors. I'm investing in Shiba tokens and haven't thought about investing in Pepe or any other meme tokens yet.
there are always some people that trying to get the piece of cake and these meme coins that adds some famous meme coin name in their token name is always one of them trying to also get famous by riding the train. but they are usually really bad idea for investment, most of them just outright plummet in term of value and eventually vanish in a year. |
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