It's even happened since I first entered cryptocurrency. Usually fraudsters will duplicate a successful project or trend, then sell their coins to the public and then run away by withdrawing the LP or bringing a lot of investor money. It's sad but we know this is the risk of playing with new coins. Have a high risk.
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I am sure there will be new regulations on NFT in the future if money laundering in NFT occurs. I know it has the potential for money laundering, but so far NFT is used for positive things, even used for the gaming community. We can only see this NFT trend, hopefully there is no money laundering here.
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I usually use both depending on the conditions. If I'm researching shitcoin or a coin that isn't already in coinmarketcap but is already in poocoin. Of course I will go to poocoin. I think poocoin always provides coin information based on its network smart contracts. It is also very effective because it is always updated with decentralization.
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The movement of altcoins is indeed different from stocks if the stock will rise when the company rises not with cryptocurrencies. There are usually certain event events that make altcoins go up. When the project is good it is not necessarily the price remains stable as we are currently in a bear market. Even good projects will go down. That's how the altcoin price works system here.
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So far polygon has had good growth. Polygon has an MATIC network that currently focuses on troubleshooting in parts of the blockchain network. Recently some projects began to appear in the network of MATIC and some projects in other networks also began to migrate. In addition, market swaps for MATIC networks are already present. I'm sure in 2022 polygon will grow better.
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The problem that I often encounter is that greed usually makes us lose. This didn't happen to me. Even my friend's friends are experts at predicting. Sometimes they are still carried away by some emotions directly without consideration of calculations. Put all the capital in one container. and finally just regret because it can not profit even just loss.
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There's no definitive news so far, is Elon Musk starting to manipulate again? Because learning from the experience of bitcoin, Elon Musk only tried to accept payments with bitcoin in Tesla only temporarily. There is also currently no change in the price of Dogecoin. I'm just following the bear market. Elon Musk's trend is too risky in my opinion.
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In addition to Axie infinity, there are free NFT games that you can play. He is the thetan arena. This game can generate coins just like Axie Infinity and at the beginning you play it you will get free 3 heroes. The game is moba-based but every rank you play you will earn coins.
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You can buy trusted DeFi coins and then you can farm there for passive profit at any given time. These coins are like BAKE, CAKE, ALPA, ALICE, AXS. It's a coin that I think is highly recommended for the long term and earns passive income as well. Before you jump in for farming learn also about inpermanent loss. Because it's a farming risk.
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This month we get a discount from the coins you mentioned. It's great to share what coins are potentially in the next year. I also recommend SOL and MATIC. MATIC some time this began to be published by some good projects on their network. My hope is that in 2022 MATIC will become one of the popular networks like BSC. It's cheap at just $2.
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I think by trading $1226 is very much used to trade on binance or other large trading platforms. If you suggest a cheap altcoin such as a bsc token. I think the fundamentals of the token are very weak. Let's start by researching the top coins. What do you think with SOL and BNB, I see they're great at solving network problems and worth investing in.
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I think stable coins like USDT are very safe. Usually he will add supply when the price of bitcoin rises or the price of USDT exceeds the fiat price and if bitcoin goes down he will reduce the supply. This is how USDT keeps prices stable. But it is not the cost of USDT can be manipulated, the Mecca of cryptocurrency is still bitcoin. Then the rise or fall of the USDT supply is in the condition of Bitcoin at any time.
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The movement of the tron trend is very slow. But seeing the project is great for the future. I guess tron focuses on a security project. Compared to Dogecoin. Of course tron will be better and have an advantage. Unfortunately, I guess tron has a little community so it makes tron very difficult to hype.
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The very wort it for the long term of the coins you mentioned above are algo, ADA, and AVAX. The rest I think are cheap but less popular coins, I think less in demand in the long run. If you are looking for other potential coins try your research on SOL or BNB. It's just that it's quite expensive for one coin.
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I'm not sure about some of the coins that aren't yet famous. When it comes to long terms, I think we have to prepare a large capital to buy the top coins. Like ethereum, BNB, SOL, ADA. It's just that some of them are already too high when compared to last year, but I believe the coins I mentioned have high potential to become the best coins in the future.
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Of course there is. The problem is that because of the cheapness of transactions on the Binance Smart Chain network, many scammers are easy to create their projects here. Turning many bep20 tokens into junk. If you ask if there is a successful Bep20 token. It was TKO, SFUND, SFP.
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Of course BNB. So far BNB can be trusted to make swaps at a low cost. The USDT we know is usually in the network of ethereum. And they're all having the same problem. The cost of gas is high. The presence of BNB referred to as Binance Smart Chain (BSC) is the best gas problem solving solution from BNB offered to all of us.
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I saw it too. NFT has a long trend from the trend that has been in the past. By far NFT games are the most popular and the top one is axie infinity. I am sure, in the next year we will see a lot of NFT in various industries because NFT has the potential as a sign of property rights of any item. Learning NFT is fun.
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I think projects with performance solve problems on blockchain networks such as avax, SOL, BSC is the best performing project in October. Because we all need a network that doesn't have big cost problems or slow transactions. The project is competing to make the best blockchain network in the future.
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My current favorite altcoins are SOL and BNB. Because these two projects I think have the potential to make it long-term and make a profit. Plus, many of the projects coming out of the SOL or BSC networks are very successful, I feel a lot of advantages here. I focused on only two coins . SOL and BNB.
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