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Surely there are some coins that will become success projects in the future, we just still don't know what coin is.
One of the way to invest our money in such projects is by research many good projects as possible, and put our money on them.
Diversify is one of the strategy to invest our money safely because we don't know yet which project is the success one.
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Coins that have price with 0.0000... are probably a meme coin because their supply is very high.
I don't think there are many potential meme coins in crypto, only few meme coins are good i would say.
Think about success meme coin like Shiba Inu. We can learn from experience, what Shiba Inu team done, and we can find the similar project with Shiba Inu so our money won't be wasted later.
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Well, i don't see any connection between twitter and dogecoin although Elon bought the twitter.
Maybe Elon bought both dogecoin and twitter, but it doesn't mean dogecoin price will go up later.
Dogecoin won't become BTC in the future because dogecoin is a meme coin, it is different with BTC.
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I don't understand why you compared a stable coin USDT with non-stable coin BNB.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
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That is because there are only few good projects to invest in cryptocurrency.
Anyone can run any airdrop campaign in their project, there is no guarantee that the project will success.
We should not rely only on airdrop and better to use our money to invest on a good project.
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The bearish market in 2018-2019 is because there was a bullish market before that.
I remember at the end of 2017, bitcoin price was skyrocketing and that was the sign of the beginning of bullish market.
In 2021 happened as well, and now in 2022 we may expect the bearish market.
Staking when the market bearish is not profiting because the price of the coin will going down, better to hold it in stable coin like USDT or BUSD.
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I admit that privacy coins have decreased in popularity, but that doesn't mean they're over. As long as centralized systems are popular, privacy coins will always be needed. because there are still many people who want to be anonymous. so monero, zcash or dash will still be in the crypto market and still have a future.
Yes, privacy coin is not popular as other coins but they quite useful for some people. As long as the privacy coins have real use case, they won't be gone in the future. We can look at the mining hash rate of privacy coin such as Monero, it has a good hash rate, meaning the value of the coin is still profiting for miners |
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It is clear that during hyped periods everything grows; old, new projects, even scam meme altcoins show growth. But in fact, that is not a growth, that is just price correction or adoption. The risk of making such investment is huge. As soon as market changes direction, price will make a more deeper fall. My understanding of investing, is investing in something completely new and unknown. The sad part of current market - it does not present new idea. Investing in old is sort of a same risky lottery but with a minor prize.
Maybe investing in newly hyped project is a good idea ? But that is not long-term investing. I would say that is a short term investing because we buy the coin when it is hyping, and sell it before the hype end. Although investing in a new project is very risky, the profit from investing new project usually very high because we are their early adopters. High risk usually followed by high gain too. |
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Sounds like a good idea, but the token must have real use case in the future.
To get the trust from members, the token should launch from launchpad platform so the funds will be secure.
Maybe you can give your idea to theymos as the admin of bitcointalk forum here.
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I think we all don't know exactly the time to sell our coins, that's why we usually set a target for our profit.
Taking profit with good measure can guarantee us profit, which is safer than just using our hunch.
Target is important to taking profit because we can become greedy sometimes.
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Cryptocurrency is a volatile currency, it can goes up or down anytime, no one can predict.
I think it is true that there is no permanent condition in crypto, there are bull market after bear market, and vice versa.
We should be able to use that moment to buy and sell our coins. Patience is the key, because bear market and bull market usually occurs in long period.
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Well, investing in new cryptocurrency project is very risky i must say.
Unless we know the project very well, we better take our money to another good existing project.
Although the risk is very high, the gain will be very high too (if only the project success in the future).
Experience in cryptocurrency project is very important, so we can know which new project will give us some decent profits.
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From my opinion, it is important to know the project behind the meme token.
If the project is good, it will create some dapps with real use case so the token won't be dead later.
Sustainability of meme token comes from the project, the token won't get delisted if the project still developing.
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Thats why it is very important to know when we should buy or sell our coin and not being too greedy.
Target to take profit should be defined to getting real profit in the future, as well target to stop the loss.
With that strategy, our loss shouldn't too much and our profit should more certain.
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I think one of the clear sign to start of bull market is bitcoin halving.
But usually the bull starts after 1 year passed from bitcoin halving, just look at the price history of bitcoin.
Anyway, that is only one of many factors that contribute in bull market. There are many factors that we will know when we have experience in cryptocurrency.
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If your token price hit ATH price, it is all depends on you whether you want to take profit or still want to hold it.
But for sure, we should not being too greedy, maybe we should sell some part of our token and hold some.
With that strategy, we will be able to take some profit and re-invest some to take profit in the future.
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Thats why diamond hands is very important to get a decent profit. If we sure that the project is good, then don't sell the coin just because the price increase a bit or if the price dump. Although we can miss the ATH, a good coin will reach its ATH again and will hit new ATH.
We can't do anything if we missed them now, what we can do now is we should find some new projects with very good potential.
Im currently watch QANPlatform project, it is a new blockchain project (project looks like polkadot, polygon, solana, etc).
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I used to prefer to use metamask on my PC or laptop, because it is more simple and comfortable and can be multi addres even though the base is only eth, while for Android it is more to trust wallet because all wallets outside eth are complete, in terms of security until now using metamsk and trust wallets have never been hacked or compromised
Metamask is indeed a good wallet to use in browser, i usually use it on my firefox and google chrome browser. But it is not convenient enough, we must turn our pc/laptop to use it. To overcome this, i use trust wallet on my mobile phone so i can use my wallet anytime with my phone. |
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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core. Indeed, there are many of them using same concept and idea from success projects out there. What investors need is some new projects with a new idea and marketing strategies to reach other people because marketing strategies is very important beside the plan for the project in the future. |
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Isn't the metamask password has been encrypted ? How about other wallets on my phone ?
For example i use trust wallet on my phone, will icloud automatically save the credential of my trust wallet too ?
We should be able to setting the cloud backup so not all the data in our phone automatically getting uploaded to the cloud.
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