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Meme coins are mostly trash coins that imitate trending coin memes, they take advantage of trending situations to get big support by using social media spread because meem coins can grow because of the power of social media with a large community, for example what happened to the doge coin which experienced increasing demand
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I rarely divide my investments in various altcoins, maybe because I'm busy so I can't combine more burdens, that's a personal reason, but I prefer one option, namely ethereum, which is said to be the most common choice, that's why I don't have to think long about wasting time doing it. research because athereum has become the favorite altcoin of many investors
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That's the weakness of holding a coin that is trending. When the trend ends, something will definitely happen, such as a decrease in interest in it, so we have to invest in altcoins that have an all time trend. The point is, we have to be smart in exploiting the current event situation so we will be the winners, so we have to be able to rely on both, long term and investing according to trends
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I prefer to follow my heart, meaning that the investment decision is the result of a portfolio that has been collected which has been filtered or sorted and tested for suitability by comparing it with predicted news spread on social media and from other media, but the decision is still in your own hands because There is a special pride if we get big profits from the results of our own choices and that can be an additional confidence for future capital because the above needs to be done to reduce the risk of choosing the wrong altcoin for investment
Following one's heart is a great way to take massive losses from the market. Our investment decisions should be based on facts, events and strategy. How we will take entry, for how long we will hold our position and how much loss we can bear for this investment should all be considered before the investment. Even a bad strategy is better than having no strategy at all. If you are investing by listing you are gambling not investing. The best way to increase your investment knowledge is by build up your own strategy and learn from your mistakes. You can change your strategy so that you won't make the same mistake again and this way your investment strategy will get better over time. So following your heart is a strategy that is based on the results of your own research resulting from events that have occurred or personal experience. Of course, this decision has been considered, so if something bad happens, we have to be better in the future, meaning improving our ability to make strategies by doing deeper and more detailed research so that the same mistakes don't happen to avoid investing in shitcoins |
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I prefer to follow my heart, meaning that the investment decision is the result of a portfolio that has been collected which has been filtered or sorted and tested for suitability by comparing it with predicted news spread on social media and from other media, but the decision is still in your own hands because There is a special pride if we get big profits from the results of our own choices and that can be an additional confidence for future capital because the above needs to be done to reduce the risk of choosing the wrong altcoin for investment
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I heard about Pixels but I haven't tried it. It seems like this game has a lot of fans because it is trending on social media, just like Axie Infinity and Stepn in 2021 and 2022.
How are you doing with the Axie game today? In my opinion, to be able to play it requires quite a lot of money and is a boring game, maybe some game lovers will avoid it for some reason. There are many reasons why it is less popular at the moment because as time goes by the income gets smaller because the value of the coins decreases and there are other policies issued by the game. axie is the prime example of how unsustaining these P2E games are, their SLP are losing value because too much supply, also the earning for those that have bigger capital and also get into the game earlier are linearly increasing, of course its no wonder that the market couldn't contain these earner that dumps routinely every week if not a day. so far I haven't seen any meaningful P2E game that truly brings wonderful gameplay, even the metaverse are full with game that is roblox like, if only these developers can develop a game as good as GTA V but we know that require a lot of resources, these P2E only shows us that developing game truly needs tremendous amount of money, as of now there is no P2E that can be recommended. That's the weakness. Maybe in the future the developer can develop it again and present extraordinary gameplay that can be addictive, besides that it can generate stable income and create competition between countries. because actually there are a lot of people who are interested in games from various groups, from children to adults, I think they still like games, especially games that can generate income that can have a good impact and we can see that professional game players have a lot of wealth It may be a good exposure for kids to crypto though. The kids can learn about the game and at the same time they can experience buying and selling of the tokens in the market. There were games on other platforms like TRON but they were never really that good compared to Axie which hit its peak. Though it ended terribly when the bears dominated the market, there are still hopefuls that it will come back. It may not. Being trained from an early age is very good because it gives valuable experience about crypto but don't disturb their childhood and basic learning and morals and don't force their parents to ask for money to buy and sell in the crypto market, the point is, there must be a companion or teachers so that unexpected misuse does not occur |
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I heard about Pixels but I haven't tried it. It seems like this game has a lot of fans because it is trending on social media, just like Axie Infinity and Stepn in 2021 and 2022.
How are you doing with the Axie game today? In my opinion, to be able to play it requires quite a lot of money and is a boring game, maybe some game lovers will avoid it for some reason. There are many reasons why it is less popular at the moment because as time goes by the income gets smaller because the value of the coins decreases and there are other policies issued by the game. axie is the prime example of how unsustaining these P2E games are, their SLP are losing value because too much supply, also the earning for those that have bigger capital and also get into the game earlier are linearly increasing, of course its no wonder that the market couldn't contain these earner that dumps routinely every week if not a day. so far I haven't seen any meaningful P2E game that truly brings wonderful gameplay, even the metaverse are full with game that is roblox like, if only these developers can develop a game as good as GTA V but we know that require a lot of resources, these P2E only shows us that developing game truly needs tremendous amount of money, as of now there is no P2E that can be recommended. That's the weakness. Maybe in the future the developer can develop it again and present extraordinary gameplay that can be addictive, besides that it can generate stable income and create competition between countries. because actually there are a lot of people who are interested in games from various groups, from children to adults, I think they still like games, especially games that can generate income that can have a good impact and we can see that professional game players have a lot of wealth |
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I heard about Pixels but I haven't tried it. It seems like this game has a lot of fans because it is trending on social media, just like Axie Infinity and Stepn in 2021 and 2022.
How are you doing with the Axie game today? In my opinion, to be able to play it requires quite a lot of money and is a boring game, maybe some game lovers will avoid it for some reason. There are many reasons why it is less popular at the moment because as time goes by the income gets smaller because the value of the coins decreases and there are other policies issued by the game. |
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That's why I always use Bitcoin movements as a benchmark because if BTC experiences an upward trend then we have to look for altcoins that follow BTC movements to seek profits by taking advantage of the market situation and that has proven to be quite successful. However, this must be based on research first because not all altcoins follow an upward trend, sometimes some do not move at all
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I am one of the first people I use, namely coinmarketcap, if I want to look for information because in my opinion it is the best and most neatly organized, complete and detailed and very easy to understand even for a beginner in the crypto field and it is very helpful for many people. to search for various information
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Because the BUSD token issued by the exchange is the same as BNB whose owner is the Binance exchange, so if something bad happens to the exchange it will have the same impact, therefore we need to be careful if we want to keep it for a long time. I rarely use both stablecoins, namely BUSD and USDT, but if I had to choose, I would use USDT for other purposes, for example to move between exchange markets to reduce transaction costs
BNB is a project that was started as a token but now it has come a long way ahead and is more of a competitor for Ethereum dapps so even if the exchange take a hit there won't be a significant affect on the BNB but the story is different with BUSD that is actually going to be terminated so OP is looking for suggestions and USDT isn't always safer or cheaper. I think there must be a significant influence. but we can't yet predict how great the impact will be. What if you look at the FTX exchange that has FTT coins, what impact do you know after it goes bankrupt? |
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If there is any doubt, it is better to exchange it first, even if there are other options such as Tron,matic or USDT, choose according to your needs, whichever you think is better and cheaper. Taking transaction costs into consideration, it is only natural that the average person would flee to a cheaper place
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Because the BUSD token issued by the exchange is the same as BNB whose owner is the Binance exchange, so if something bad happens to the exchange it will have the same impact, therefore we need to be careful if we want to keep it for a long time. I rarely use both stablecoins, namely BUSD and USDT, but if I had to choose, I would use USDT for other purposes, for example to move between exchange markets to reduce transaction costs
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In my opinion cr7 is just an advertising model figure to strengthen those products that are paid to promote and we need to know what is really happening and this matter should be handled by the authorities with public transparency. If you become a victim, will you do the same as investors who experience losses by demanding compensation?
That is it but the things could go further than that because of the nature of NFTs some of that athlete made a lot of progress and development to the extent of launching their NFTs so if this be the case then it means that CR7 will have a tough time in the legal battle. But then also it all ball down to his direct involvement in the project and how deep the terms of the contract is if he is just an advertiser or not. If it is true that this athlete is involved in a very deep contract, what bad things will happen to him? However, all of this certainly requires more in-depth study and the involvement of legal authorities, especially if there are victims who report this case. This is certainly bad news, especially if it is true that his involvement is because he is a very famous athlete, then this news will quickly spread widely Personally I think the NFT issue is an investment gone wrong I believe Cristiano Ronaldo would win the case, I likened the case to a investor who invested in an altcoin which eventually dumped and faili thus investors are demanding for their money, had it been the NFT project was very successful and all it investors earned massive profit no investors would raise an eyebrow about it and again other NFTs that failed nobody is sueing their developers to court why is it Ronaldo 's own case different ? Let all investor of Ronaldo NFT failed project move on they have no case and surely they can't win the case I believe experience lawyers hired by Ronaldo would win the case. Hopefully there will be a bright spot for both parties so that no one is harmed. It is true that investing in NFT is a very high risk action, especially as a newcomer who doesn't understand much about the dangers of investing in them, so knowledge is really needed and that's the way it is. Hopefully this case will soon get a quick solution and become an example of a valuable lesson for everyone |
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In my opinion cr7 is just an advertising model figure to strengthen those products that are paid to promote and we need to know what is really happening and this matter should be handled by the authorities with public transparency. If you become a victim, will you do the same as investors who experience losses by demanding compensation?
That is it but the things could go further than that because of the nature of NFTs some of that athlete made a lot of progress and development to the extent of launching their NFTs so if this be the case then it means that CR7 will have a tough time in the legal battle. But then also it all ball down to his direct involvement in the project and how deep the terms of the contract is if he is just an advertiser or not. If it is true that this athlete is involved in a very deep contract, what bad things will happen to him? However, all of this certainly requires more in-depth study and the involvement of legal authorities, especially if there are victims who report this case. This is certainly bad news, especially if it is true that his involvement is because he is a very famous athlete, then this news will quickly spread widely |
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In my opinion cr7 is just an advertising model figure to strengthen those products that are paid to promote and we need to know what is really happening and this matter should be handled by the authorities with public transparency. If you become a victim, will you do the same as investors who experience losses by demanding compensation?
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What I do is when I start investing, I don't look at what will happen, but look at the potential to generate profits, such as feeling confident with a mature strategy regarding an altcoin that I think is a suitable price to buy. As far as I know, the big tragedy in the market is that there is a bear season as a start and letting go means selling during the bull season
I prefer the bear season because it clears proper details of the projects and what we prepare to earn. The bull season is only for those that had solid foundation in bear season. The bull season is usually the best period to trigger best selling prices of our intended projects and trades. We should keep proper timing of everything that goes on in the system, because we will be held responsible of everything that goes up and comes down in the system. I'm so acquainted with investment in altcoins, they're the best option for me. Never have I for a reason thought of refraining from the possible outcomes of investing in altcoins. From both of them, we can find out which altcoins are able to survive in these two conditions, meaning that those that survive are coins that are already established. For me, bear season is used to collect as much as possible even though it is very difficult to make a profit in terms of trading or from hunting for coins because the market impact has a very big influence on the surrounding environment |
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These are fraudsters who always take advantage of situations that are trending. Another example is that they imitate coin names that are currently on the rise and there are many other things they can imitate. That's why we have to be really observant and have to be able to distinguish which projects are really trending so that if we swim in the pool it can provide real benefits so that you don't waste your money in vain
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Maybe someone who is more experienced with that much capital will run to a new altcoin by risking that money like gambling in the hope of getting multiple profits, of course this contains a very big risk. Not recommended for newcomers and for me it is also better to choose altcoins that have been around for a long time and are the most popular
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What I do is when I start investing, I don't look at what will happen, but look at the potential to generate profits, such as feeling confident with a mature strategy regarding an altcoin that I think is a suitable price to buy. As far as I know, the big tragedy in the market is that there is a bear season as a start and letting go means selling during the bull season
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