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There's really no certainty when it come to holding any coin. I know people are loosing trust on meme coin but that doesn't mean that we can't have a pump soon on dogecoin or Shiba, it only takes a whale to keep the ball rolling once again.
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The concept of burning the original copy of the art doesn't seem necessary to me. It would be best if I could get the original copy. I know my thoughts is not being in line with the modus operandi of NFTs, but if I have my way, that would be awesome.
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There are several coins that has been predicted to be a source of great wealth to investors but they fail eventually. The best approach is to dyor before investing. It gives you the necessary satisfaction of choosing for yourself and in a situation where error is made you learn from it and make necessary changes or corrections.
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At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments
From my perspective, the fact that tesla is now accepting dogecoin makes the coin more than a meme coin as dogecoin is now a means of settling payment and as such shares some qualities with Bitcoin and ethereum. There's no such thing as a useless or worthless cryptocurrency. Dogecoin still has more prospects, if it's also a good crypto for payments. |
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I'm really not interested in looking at the better coin between dogecoin and polygon. I'm more concerned about what could be beneficial to me from these projects. Polygon is a great project, despite the fact that the project has not had a substantial increase in value, I still consider it a good buy.
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Dogecoin is one of the cryptocurrency I respect because of the duration the coin has existed in the industry. Its true that dogecoin is a meme coin, but many people have made millions simple by holding it and it's a wise idea to do same.
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At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments
It's been a while since I learnt Elon musk Tesla would be accepting cryptocurrency in settlement. I know bitcoin should be accepted by now and dogecoin ought to be accepted looking at the history of Elon musk and dogecoin. If the declaration was made today, then we could see some positive impact on the value of dogecoin soon. |
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When it comes to viable altcoin for long term hold. The best you can get in the space is ethereum. Ethereum happens to be the second largest cryptocurrency according to market capitalisation which makes it ideal for long term investment options. The value of ethereum still have the potential to increase substantially and it would be great to have some in your portfolio.
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I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
From my understanding, the concept of staking implies that you transfer your funds to the recipient who pays interest for using your funds profitably. Transferring your funds to the exchange or to a trust fund is not far apart. I know we have some decentralized exchange that you could benefit from by adding liquidity. This tends to be more lucrative but may require a huge capital outlay. |
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I don't have any hidden gem.
I scout in the market and look if there are some actual gems that I've missed. For the project you've mentioned, I've seen them very active in marketing not only in the forum
But also in social medias, I won't get in during the sale, I'll wait until they're open to the market.
Your decision seems to be a smart move, considering the fact that we can't be certain about a project until they commence the project development. Jumping into a project too early could be disastrous because we tend to have many new projects abandoned by their developer. |
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It's not advisable to go into NFT, considering the fact that you're naive about it and NFT poses more risk. I believe you must have heard alot about NFTs and how people made a whole lot of money from investing in NFT, but even as there's tendency to make a whole lot from NFTs, there's still a higher tendency to lose from the same exercise.
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It feels like polygon is gaining more recognition and popularity in the market. I've read several post on polygon and it feels like they've been steady movement in the value, though much more movement had been anticipated in the past. From all indication, it seems to me that polygon is still under valued.
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NFTs are making wave in the market now and there are a handful of them that could be a great source of income especially when the value increases. Several people have made substantial gains in the NFTs purchased and many more have lost from investing in the wrong projects. You just need to be careful and do your own research.
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We all know that market is collapsed and reviving again and i don't want to miss this opportunity which coin or coins should i buy?
Even as it feels like you're scared of losing out, it's best you understand that in this market there are no guarantees. It's possible the market escalates and you get a huge increase in your portfolio and the opposite is also possible, so only invest what you can afford to lose or let go for a long time. |
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I don't see ethereum getting defeated any time soon. It's a known fact that the ethereum fees are incredibly high but that's going to be corrected very soon. I believe that the developers are weighing their options and timing to accommodate several factors and fix the issue optimally. This may even take a while, but I'm certain it would be fixed.
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