Cryptocurrencies have been gaining popularity for the past few years. With a lot of new cryptocurrencies entering into the market and surging up of their value investors are looking into investing in cryptocurrencies. In this article let’s look at the Binance coin and what the experts say about it.
Binance in my view is a coin that has good potential starting from its current development which has many projects in the binance environment, then the fees to be paid for one transaction are also not expensive, this is one of the attractions and advantages of binance. |
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No one can really predict market conditions is a fact, ETH is a very strong coin, only with a slight decrease in transaction fees that occurred recently, was able to generate a good response, with evidence of an increase in transactions on ETH, on the other hand. others BNB is really stepping up with more and more projects adopting its platform and this will be a good foundation to establish itself in the crypto market, investing in both is not a mistake, it all comes down to the taste of the individual investor
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Well there is no other better choice though, Today the only reliable Meme Coin out there only Doge which already exist in the crypto space for the long time and have big community, Shib was good too but it's better to choose Doge since it's have better Volume, Listed Exchange and Bigger community. Just don't fall to another "Meme" Coin since some of them didn't have any real use case, It's better to use your funds wisely to invest on any project with real use case and better prospect.
Doge is a bit safer than shiba because in terms of volume it is bigger, but indeed it is just a meme coin, its usefulness is also limited, it would be better to invest in real coins with clear benefits and uses than betting on meme coins |
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it's true that currently many coin prices are going down and it's been going on for quite a while. this is an opportunity to buy coins that have good prospects at low prices, we can see the good coins through the charts and understand them well so we can buy the good coins because many altcoins have good prospects for holding. Personally, I use this time to buy some coins that are cheap and I plan to hold on to them until the price goes up. I hope it will be profitable.
Yes, by taking advantage of the current market conditions that are experiencing price declines, you can earn a sizable profit when prices rise again. A lot of coins are still cheap to invest, I've also bought a few recently and my hopes are the same as yours, hope it's profitable. |
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Yes, for those who like meme coins, it's better to just choose Dogecoin because Dogecoin will never die in the crypto space, unlike other meme tokens which are getting closer and closer to death because it is just a game of a group of people.
Yes, currently Dogecoin is the strongest coin meme in the crypto market, although there are many polemics due to Elon's annoying behavior, at least Dogecoin has grown even though its current price is not as high as some time ago. |
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Yes. I agree with this. Too risky to hold a meme token for the long term.
The token will be a useless token or even be a dead token once the trend is over already.
I also agree, there has never been in history that meme coins were able to last in the long term, they were able to grow but only briefly. It's better to invest in other coins because the risk of holding meme coins is too big in the long run |
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If I had to choose from among these 3 coins, I would probably choose IOTA, the price of this coin is very cheap and it has the ability to grow in the future.
Yesterday I saw IOTA, and from what I understand, this one coin is very useful especially with its very low transaction fees, it will be very helpful for daily transactions. This coin is suitable for long-term or short-term investment, depending on the needs of each. |
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Not always crypto market conditions are on a continuous increase, there will be conditions everything turns red, it's better when investing, we have determined the minimum price we can tolerate, whether it's loss or profit, this will facilitate asset management and decision making on market conditions .
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nowadays everything is done with energy consumption and therefore relative pollution but unlike many other things the mining of altcoins is something we do for ourselves and not imposed by others (industries, governments) and then they can be used renewable energies to pollute less
Yes, everyone has a better idea in terms of any mining so that everyone doesn't have to worry about pollution or other things to the environment because nowadays there are many advanced technologies that can be used by everyone. If someone decides to do mining, they will logically determine the resources needed and also think about the long term effects, and as you said that there are now many advanced technologies, if used properly, these technologies are able to minimize the existing pollution even recycle what was originally a pollution into a new resource for use in mining |
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Elon Musk has made new tweet about Doge again as always. It has been seen for some time now that Elon Musk is benefiting himself by increasing the price of Doge through new tweets. He tweeted asking if Dogecoin will be used to buy Tesla. But after his tweet, Doge price is going down, which means people are understanding his purpose. You can see his tweet from here: https://twitter.com/elonmusk/status/1392030108274159619?s=19That's not interesting to me, because I don't really need a Tesla. This is just a strategy to increase the value of Doge coins, if he accepts Doge, the value will automatically increase because it can increase the usefulness of Dogecoin. But on the other hand, I haven't found a company that looks at a meme coin other than Elon, if indeed this strategy works, it won't really have a significant effect. |
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From my current perspective, the step that needs to be done is to wait for the market to return to normal, because my nagi 4.5 years is a very long time, and that time will require a lot of patience and I don't have the patience to wait that long. Regarding the ranking of a coin, there are several supporting factors in it, the number of investors, the number of transactions in one day, and the quality of the developer, and of these three factors, all three must be balanced, if a coin does not have the advantage of these three factors, do not expect it to survive.
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I don't really care about the big dump because i want to hold my assets for very-very long term and my goal for bitcoin is more than $100k, i know it will be very long ride but its ok, i don't really need that cash right now.
It all depends on the needs and initial goals of investing, for people like you who invest with long-term goals, any decline will not affect you, but for people who invest short-term, this is the right time to choose. what to take, either switch to another coin before the losses get bigger or hold it in and hope for a pump in the near future |
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Actually I invested some altcoins which already listed top 10 ranked in coinmarketcap. But recently a lots of meme coins available in the cryptocurrencies market but all meme coins not appropriate for investment. Be careful before investment.
Yes, your choice to invest in one of the top 10 crypto rankings is very right, I also agree with your opinion on meme coins, indeed a lot of meme coins have emerged lately, but we must learn from the meme coin's track record first are in the market, they have no chance of surviving the competitive crypto market, even if they get a pump, it will disappear in an instant. |
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If you are going for profit, Ethereum won't rise as sharply as bitcoin even in near or long term future. Bitcoin is meant to be a rare coin, a premium product or a collectors token. While Ethereum is a utility token that is meant to be used and transacted everyday. Ethereum could have a larger overall effect on crypto sphere but bitcoin would earn you more money.
Yes, Bitcoin is now more of a rarity, the user experience is superior to Bitcoin, but I don't agree that ETH will not experience a big increase, in fact ETH still has a large market cap it's just that there is a problem with transaction fees, if the transaction fee issue is correct -completely gone, I'm sure there will be a spike in ETH with the amount of transaction flows in it. |
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That's right, your statement is very precise, because what every user of the ETH network and the BSC network has experienced can clearly make the difference so that security and speed must always be considered by both, and especially for Vitalik.
Security and speed in transactions are important points as aspects of evaluating the quality of a platform, if there is a problem with these two points, it can cause obstruction of the circulation of transactions in the market. |
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I think the presence of Binance Smart Chain in the coin world adds to the list of successful coins now and in the future, ETH is indeed very moving and is still holding on to this day, but I believe Binance Smart Chain will also survive in the long term.
Yes, BSC will survive and will continue to grow, with a large market capitalist today, and the many projects that host to it, this will strengthen the foundation of BSC to survive in the future. |
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If you want to look for it, now you will find many projects that provide airdrops to members who want to join their projects, whether it's tokens or coins. Just search on the telegram airdrop site or on other airdrop sites.
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