Anyone have the idea for the best Crypto to invest in early 2021 for gaining high profit value
It is not so easy to predict exactly in 2021 or 2020 or whatever year it may be, it is hard sometimes to forsee the high guaranteed profit. But nowadays there are projects on Polkadot that may give good results, projects that are made on Polkadot gave good profit. But the key rule for everyone is to make a deep analysis before investing anywhere. And do not invest the last assets that you have. Predictions are not a good way to invest. do research and also analyze the coin that you want to invest in, so you can get data and also a decision on whether the coin is worth investing in. btw, I agree that Polkadot is a good coin, you can also see Cardano and Maker as options |
|
|
|
|
Ethereum did show a pretty positive signal earlier this week. maybe ethereum will hit a new ATH this week if the bitcoin trend continues. btw, I saw for a while at the data that the CMC showed that the peak price was $1,428
|
|
|
|
I bet that Biden will overturn this and many other of Trump's orders. Some for good, other not so, but they will be overturned.
IMO the next couple of months will be full of surprises.
It won't be easy for Biden. Already a section of the media accuses him of being pro-China. His son, Hunter Biden is being accused of receiving bribes from the Chinese Communist Party. Under these circumstances, it will be politically risky for Biden to undertake any steps that can be interpreted as pro-China. He may chose to wait for a few more months at least with these rulings. Yes, a lot has happened with his son, and I don't think Biden will be strict with China. although the USA and China are currently competing in various sectors, I just can't see Biden capable of being tough on China. Let's see in the next few months how the regulations will work |
|
|
|
1) BTC
2) LTC
3) ETH
4) DOGE
What do you think about ADA?? Because it has already pumped almost 2x with two month as well the staking method of ada already launched . in this case, don't you think that ada will be the most recommended altcoin right now 😉? ADA has a very big possibility to be one of the best coins for this bullish. they have had a significant increase in the last 7 days (+29%) and may soon overtake XRP which is currently having problems with the SEC |
|
|
|
|
Crypto is very likely to be more expensive and preferable, but I don't think it's possible to be more valuable than gold. Traditional investors as well as the government/state even make gold a state reserve where it is a high level of confidence in an asset
|
|
|
|
I wonder why do you think dogecoin a good idea in introduction
Dogecoin is more relateable, more attractive, faster and most importantly, it is cheaper and more affordable than other top coins. therefore many people start from Dogee, because as a beginner it will be very good |
|
|
|
Because not every cryptocurrency user is geek crypto.
Most of the cryptocurrency users 80% more prefer to store their crypto on some exchange and mobile wallets and some mobile wallets doesn't have any kind of feature feedback. They don't understand while holding some fund on the exchange can be potentially lose because the hack attempt because the hacker will be always attacking exchange not your personal wallet.
The price for hardware wallet was also one of the reason too.
Moreover, nearly 20% of the new money that comes in doesn't even know how crypto works. I guess they just do the default security of their wallet provider without any other advanced setups |
|
|
|
There is a possibility that the price of ethereum will increase even more in the next few years but we do not know to what extent its price will increase because before the market it can rise and the price may also fall now is a good way to you profit will buy it and hold for a long time no one can say how much the price of ethereum will raise when the right time comes.
This is just my opinion, with a large supply, and having competitors offering top tier solutions, I think $100k is an impossible number for obvious reasons |
|
|
|
It's not a question anymore.
Most of what will happen with traders is being taken over by greed.
The pumps and dumps could change your decisions in a blink.
So, I think the most effective way is to stand with your goal. Discipline.
If you already decided on a selling point at this number or amount, then do so without thinking the pump could make you more.
That's greed if you won't stop it.
Btw, there's no get rich quick method. Most of the trader's problems are maintaining their profits. many of my fellow traders have gotten a pretty good profit, but all of them turn into losses in a fairly short time. Expect too much, not having a profit goal on a certain scale and also over trading are greedy that we must avoid |
|
|
|
Polkadot cryptocurrency (DOT) is now 4th position on CoinMarketCap ranking. The journey of DOT token started in October 2017. In just 3 years, it has occupied the 4th position. If the growth of DOT token continues like this, then maybe in a few more years it will surpass ETH.
[i mg width=300]https://i.imgur.com/aDIakuJ.jpg[/img]
Ethereum Circulating Supply 114,285,060 ETH Total Supply 114,285,060 Polkadot Circulating Supply 900,840,413 DOT Total Supply 1,034,899,631 Polkadot's supply is almost 10 times of Ethereum. I think this is Polkadot's biggest handicap for flippening. I hodl Ethereum, Polkadot and Avalanche. Over time we will see which one will earn the most. Bro, you have a pretty interesting investment portfolio, I'm sure you've made a pretty good profit in the last 2 weeks if you sold it right? just saying, but I guess all three offer almost the same solution right? Usually diversity will work more if you invest in a completely different product. but still, even so your investment is very good |
|
|
|
You can trade them for BTC if you don't have much BTC. But if you have it already, those coins are good to hold. As you see the BTC dominance is decreasing and the dominance for altcoins are increasing again. In this moment, there is a chance that pumping will go through altcoins.
I'm not saying those particular altcoins you have mentioned but there is a chance that they will be one of it.
Yes, plus speculation about the altcoin season that hasn't yet come. I think for now if you have altcoins that are pumping, while bitcoin is dipping (for a while), when you can see the bitcoin recovery point, then you can get a decent profit. |
|
|
|
|
Every altcoin has a product that is almost all different, they have their own timeline and they also have their own milestones. For the bull run this time, if you look at some old school altcoins like Litecoin, Stellar or Monero, ofcourse it's quite difficult to get a new ATH like in 2017/2018. but if you look at altcoins with a new product, with milestones already achieved (mostly) in a fairly short time like Polkadot, I think you can expect ATH even before the bull run starts. what I want to say is, because each altcoins has a different purpose, and they have their own target in terms of price, although most of the bullish are influenced by the bitcoin bullrun
|
|
|
|
Hahahaha I have been getting quite alot of engagement lately... and pretty sure I'm not the only one it's crazy seeing dm's from doctors, lawyers, engineers, astronauts & Olympians. Parents wanted me to be any of the above and now they're in my dm's trying to learn about crypto and how I make 6 figures from holding/staking altcoins like $BET $LINK $ ADA. Hmmmmmmmmm life.
haha classic bro, they laugh at you when you first make an awesome experiment and then they beg to know how you got everything you got. life is beautiful, so just enjoy it |
|
|
|
i think polkadot and uniswap will be in the top, and also i strongly believe in good and credible dex projects, as for now i'm researching interesting stablecoin exchange - xsigma, they are backed by public company and have good business model
Polkadot has increased up to 75% plus in the last 7 days. This indicates that polkadot have a good chance and also have a high probability of becoming one of the shining altcoins by 2021. polkadot also offer better scaleability (according to them) |
|
|
|
Waiting for the process to see Ethereum has a price commensurate with Bitcoin's current rise. But the rapidly increasing transaction fees don't make sense in my opinion.
Yes, almost everyone wants to see the Ethereum price at a very high number, but because the transaction fees on the platform have also gone up, this has led some people to complain and choose to trade in other options. quite unavoidable, considering that almost all projects use the ethereum protocol, these fees can hardly be avoided. I don't think there are many options we can choose either. it's just that ethereum really needs to be faster in updating ethereum 2.0 to fix this gas fee issue |
|
|
|
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token. i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
DEFI is similar to ICO when they collected a lot of money. Many unscrupulous developers and project administrators deceived gullible users and withdrew money. Now the same thing with DEFI, advertising has turned the head of many people invest their funds and they are fraudulently withdrawn. But this is certainly not all projects, there are also high-quality products. Defi is a little different from ICO, but has a structure that is "almost" the same. what must be emphasized is that if you want to invest in a defi, especially by using DEx, you must really do a thorough research, because everyone can create tokens and also list on dex |
|
|
|
I usually sell my altcoins when I manage to make a profit of 2 times the first amount I invested in altcoins and then I withdraw some of the money for my needs and transfer other funds to stablecoins in order to then invest in altcoins again.
That's probably the way people are familiar with it until now. Saw a good rise and sold everything and waited for the price to fall back down to buy. But it is not easy to do with our predictions. I guess if you were only holders, it wouldn't be too difficult because we could check prices every day. if it's profitable, just sell it. maybe we can do a reinvest strategy and also diversity, but of course it must have a little knowledge about trading fundamentally. buy dip and sell when the price has touched a certain price level, then reinvest in other altcoins that are dip |
|
|
|
Thats the effect of being affected with price drops and fomo. The thing here is that we need some basis perhaps learning how to read indicators is a great benefit for us to know whether it may still go up after few sideways or not.
Rather than regretting what we did before by selling too early, we better perhaps improve our trading skills and collect more tools needed not to repeat the mistakes again.
I went through the same thing and worse not once, it made me realize that being calm is very important in crypto. It's better to do an analysis of what happened and before that try to determine the worst-case scenario and determine the purpose of your investment, I'm sure that will help rather than just regretting it. |
|
|
|
This started with India, because it is the first Country to make bans over large number of Chinese applications under use. Following India's decision USA made its ban list for Chinese applications. It counts more number of popular applications, and the same has made the Chinese information technology market got a big blow.
Now Trump has made it an order to be executed. However the new government might have different plans. Upon that the ban list can increase or else the ban will be taken by the new government.
It's kind of sad that India had to start with these bans and not the western countries. China is banning western apps like Facebook or WhatsApp for years. In my opinion all countries should ban Chinese apps until they open up their market. It can't be the case that they close them self's off but want access do everybody else. Agree, I think the Chinese are too arbitrary in their country and business matters. at least if they want to do business, then do business in a good manner. I'm not sure that Biden will be like Trump, maybe Biden will be more open with China on this, let's see |
|
|
|
I can second Litecoin with a huge vote. It is old school, has among the oldest Bitcoin users/holders also holding and slowly buying up. And without saying much,,, it has been fundamentally building up just like Bitcoin (tech + users + volume). A lot of sellers tempted now for ETH over $100:) You are surely not the only one! Yeah, Litecoin, cardano and monero are very good choices. besides offering good technology, the three of them also have a more affordable price level. and I also believe that in terms of speed here Litecoin is the fastest |
|
|
|
|
Show Posts
