I am not sure about AIdoge but Solana has regained its popularity and its ecosystem is also growing very fast. It looks like it got support from big peoples that is actively investing money for the development of the ecosystem and actively doing campaign to attract new investors. Those airdrop campaigns in solana's ecosystem were one of the initiatives that took the price of solana to a new high after a long bear season. I am not sure if it can keep up with the ETH network or not but the initiative was well organized.
That's what they want to do with Solana, to keep up with Ethereum. But will they be able to do that soon? Well, with what they're doing right now, they're quickly gaining the attention in the market because it is one of the big winners that we have prior to the bull run that we're going to see. Needless to say, they're doing their best and does a lot of projects and these projects are probably also supported by Solana itself and that's why many of them gains popularity and capitals that are millions especially these meme coins that are built on it. |
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thats right but what important thing is to know the right time to invest, because we can be investing in the best coin out there but if we invest at around the peak then I guess we gonna get mediocre result if not worse.
right now investing in bitcoin is still good idea, not to mention the fact that there has been some correction these days just make investing in bitcoin all more alluring but i'd argue that investing in altcoin that are top 100 and above are just as good.
because they also have tendency of increasing in bullrun market and their increase usually are also quite high, i would say that investing in bitcoin for half of the portfolio and the rest to some altcoin distributed across many good coin that we consider to be good enough for long term increasing to get best of both worlds then we can safely say that our investment gonna perform good when the bullrun is coming for real.
because the worst scenario could only come when instead of bullish that come its bearish, but at that worst scenario we could just wait it out because we know the coin we investing in is just good.
Every time is a good time to invest if you know the investment that you're buying. Because you can't go back to the old times when most investments are cheap and good. That's why the best time is when you are ready and you want to buy it as soon as possible. Not just to have with talks but you're willing to buy it then as you wish. DCA is there if you don't know when and it's all about the belief for your coin and how much you're going to risk on it. |
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We aren't done with trash coins yet until we realized that bitcoin is the only solution provider to this, aside bitcoin in cryptocurrency, other coins are altcoins, there are also a number of shitcoins that constitute same, but there's a way we can also invest on some prominent altcoins from the list of best rated ones starting from ethereum and few others we can choose to go for if we have the experience and the ability to risk on them.
Just choose the altcoins that you know and believe will someday grow or as you've said, the prominent ones. We've got a lot of them and it's your choice on which is going to be your pick. There's lesser risk with them and that's gonna make you like Bitcoin because it's always been the stable crypto in the market. Stable in that sense that you've got assurance that it won't be rugpulled unlike the choice of many folks today, meme coins, NFTs/tokens, etc. Too rampant in that scene. |
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Do you think that AAA Games have a future in crypto?
It's better for them to just maintain their status with their own communities and don't meddle anymore with the crypto market. How upcoming projects can avoid a downfall like Axie Infinity?
I think that they're too confused. They keep on making new meta, every season. While it is making these updates the game more competitive, when it's too much, the players and investors don't like it and you can see the reflection of it in the market. Go with little updates I guess and also stop minting new tokens that are into your ecosystem already. |
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Why there's a need to write you a DM if you can just discuss it on this thread for everyone's info? Are you inviting people to join a certain group or you just want to know more about arbitrage? If you're asking, I can't find any opportunity with arbitrage because of how volatile the market is.
I guess a few years ago, I'm very much active on it and it was a fun thing to do during day time when I don't have that much to do not until I start to see that networks get clogged and the rise of the meme coins.
I want to discuss in DM because I am looking for people who know, but I can discuss in this thread. I don't have any groups, but if there are any, I wouldn't mind joining to share my experience and learn more about arbitrage. It's also because a newbie rank like you has got limited features for DMs. That's why if you're asking and want to discuss, it's better to stay here for everyone to see and you won't have troubles in replying. And about the relevance you are wrong, arbitration was, is and will be. Of course now no one is arbitraging bitcoin from binance to kucoin for example. Often arbitrage comes from hacks, delistings, etc. And if there was no arbitrage, I would not write that I found an address with good arbitrage deals.
That's what I think because it doesn't work for me anymore. Arbitrage from hacks and delistings, that's new to me honestly. |
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The aim of holding any coin is to get a good profit from it but the most important thing is to enter the coin at the right time.
And this requires patience, holding isn't just about waiting. Sometimes we're too impatient and we're losing it when the market doesn't do good temporarily. If we buy it at the right time, we will get good profit. A wrong time entry can never give us good returns no matter how long we hold it.
I agree. We have to buy at the right time but there's also a counter there that we can DCA if we can't buy at the right time. That's the perfect strategy if you're missing a lot of good times to buy it in the past but if you believe into that coin, you better DCA. |
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Why there's a need to write you a DM if you can just discuss it on this thread for everyone's info? Are you inviting people to join a certain group or you just want to know more about arbitrage? If you're asking, I can't find any opportunity with arbitrage because of how volatile the market is.
I guess a few years ago, I'm very much active on it and it was a fun thing to do during day time when I don't have that much to do not until I start to see that networks get clogged and the rise of the meme coins.
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I think, to identify scam projects in crypto. Their websites should be checked thoroughly. If their information is found to be similar to the projects that have been victims of scams, it should be understood that there is a high probability of scams in that project. Especially scam prone projects always offer high quality. And scammers use different tactics to attract people to those projects. But in my opinion it is very difficult for new entrants to crypto to understand the difference between legitimate project and scam project. Expert advice and reviews should be taken very seriously to identify and avoid scam projects.
A lot of these projects don't even have a real team. They just grab pictures on the internet and even names are the same. When you see something like that and the photos are odd, that's one way to know if they are real project or not. That's like the stage 1 of figuring out and there's more. If you will ever get into a better team, still, doubt them because not all looking professionals are also real. Always be in doubt when you are checking them. |
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that is if you have experience but most new project investors are also new to crypto in which being lured in other platform such twitter and instagram so they have no complete idea what they are entering instead they are just seeking for instant profit that will bring them to doom eventually .
While those that are found on Twitter or any social media or channels and groups are taking advantage of these newbies. Yes, not all projects are bad but many of them are there to do harm to their investors. It is the problem of these new investors when they don't do their research because that's their money that shall be placed on this market and if they invest to the projects that they don't know, that's the mistake that they are making upon entering this market. |
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Those that know how to store their cryptos won't have any problem having an all-in portfolio with 100% crypto.
Even if you know how to secure it, it's better to diversify and minimize risk exposure to one asset class. Yes, but if it's about storing our crypto safely. We know how to do it and I also advise to diversify because it's best to get more exposure from different investments and assets that we may have. That's a good strategy for you to grow on yourself and get a better portfolio aside from the crypto portfolio that you're building up. But again, if someone is confident and fine with having 100% of crypto on his portfolio, that's also fine. |
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I don't know how to trust Small capitalization projects now because indeed that back in the days , those small caps coins are best as they can go hype easily but nowadays they have been used by scammers to make their projects looks legit with lower caps but ending they are not.
Iagon maybe a good target but lets see if OP find this better though I doubt that he will still visit this thread of him.
From these people, they don't literally trust a project. As long as they can see some opportunities within them, they're buying it and that's why it's all about the early and potential profit when they're about to exit. It's about the tech? Forget about it, it only applies to Bitcoin and even if there will be new technologies that will roam this market, it's always going to be replaced with something new. |
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For Doge, it has passed the stage of being just a meme coin. Today, we can see it being used for a lot more than the hype. Btw, you said that memecoins has considerable volatility. Well, I think you’re not saying it as it actually is. Memecoins have the most volatility and can take you from zero to hero overnight (it could be the other way round too). Also, I hope you know that you have to update your topic every month  because memecoins doesn’t seize to be created. Each month many projects are created and definitely meme projects are amongst them. Even before, Dogecoin is more than just a meme coin. I just regret that I didn't hold it until during the peak but it's usually used for transfers even years ago. The fee for each transfer you'll do with it is very cheap even until now and that's why it's more just a meme coin that we used to know. It's a beloved of the community and despite with all of the meme coins craze that we're getting, no one's going to forget dogecoin. |
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It's inevitably the future. RWAs are so much better than crappy NFTs with no real use cases (JPEGs, digital art, etc). Everything from Gold to Diamonds and Real Estate will be tokenized on the Blockchain. A good thing for ETH's long-term mainstream adoption. The only problem would be scaling, but that's something the community would need to discuss at a later time (L2 scaling is not a solution to all of ETH's problems).
Honestly, the community has been dealing with that problem of scaling and how many years has it been? It seems that even with that problem. And with the RWAs, we always get something new from the market and compared to NFTs, this is way better if utilized that much. But after this, I think that we'll get to see another one again or we might see the recycle model of these projects coming from ICO/IEO/STOs. Who knows. |
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As for dex, I have only used Trust wallet so far
Trust wallet isn't a dex but it has an integrated exchange. Well, it's a wallet that many are using because it supports a lot of cryptocurrencies. Can anyone here tell us the steps to take to avoid this? It's so easy to say, Let's be careful, but the action to avoid is that no one really knows what steps to take.
Do not download files that you don't know, don't visit or click links that are unfamiliar. Start from having that discipline and you'll be able to avoid getting hacked or scammed. |
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there are many options available on coingecko, perhaps for more than the top 100, if your country does not support exchanges, you can make purchases via dex, but if you trade on dex the transaction costs may be quite large compared to dex, especially on the network erc-20 ,
Trading on DEX if it's on the ETH chain will cost you a lot. I hate this to say but much better to get onto centralized exchanges if you want to keep some fees. There are a lot of choices in there but of course, use them as they're only should be used for trading. remember trading will not always be profitable
Yeah, some time it will be and there will be a lot of times that it won't be. Just trade with caution and use exchanges that are common and don't keep your money there for a long time. |
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They are simply dreaming with their eyes open, as the community as a whole is not going to forget about what happened, and the only fate awaiting for that coin is to disappear.
It won't disappear but it will eventually die because of how the community will decide on this one. Those that still up til' now that can't move on, they're hoping for something for it to happen and for the best of it. But no matter what they do, it's no longer going to be back to its former. That's the reality with coins that have been involved with controversy and it's mostly going to remain as a meme coin because people that will buy it will not think of what they do and it's just out there for the liquidity and quick money. |
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Those that know how to store their cryptos won't have any problem having an all-in portfolio with 100% crypto. But as we build ourselves also to become better investors, we have to diversify and scatter these profits that we make in crypto. I think that majority of us are also engaging with real estate especially those that have made larger profits last bull run and potentially planning to venture there for the next bull run. That's how it goes, we just circling around in investments and those that have started with crypto, you'll never forget where you started.
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XRP won the court case so if you want to choose, you might just get into splitting them. But this thread was made several months ago and as per OP's decision he went all in for ADA. Not a bad choice because if he hasn't sold yet, the price from April 2023 to this day made him almost double the price. So, I guess that was a good decision then. But if he chose to go on it with XRP, he didn't double the money but still he's still in profit so, good thing he just chose the right one but this isn't the end for it.
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I wanted to create a clothing brand, buying clothes from bangladesh and china and selling under my brand and funding this project with an altcoin...the owners of the altcoin would be the owners of the brand.
who would be interested?
It's like stock or share holding but based on a token. I think you better just make the company have a public opening(IPO) than making an altcoin. This type of business is much better with that approach than to just release an altcoin with that. Well, that's just based on my perspective and much better to do that because if you're also going to make it open to the public and be with the small exchanges, there's a chance that your tokenomy might even get manipulated by some big guys that probably just seen around all of a sudden. |
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It is still possible but it is hard to know which project is going to be like that. Just like Bitcoin and ethereum, they were also both cheap during their early days. I think that there will still be projects like their growth but you will never know if it is going to be as good as the established one. You will have to check the entirety of these projects if they have the future and potential but as everyone invests, the same thoughts to be said that they will have a good future, they have good whitepaper, such things like that but still future of them are unknown.
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