As for me, that direction of NFT has not yet fully realized itself on the market, which means that many NFT platforms have time to enter the market and become successful. All this is because in order to fully implement the development of NFT, the market, as well as the NFT industry itself, needs a working infrastructure, in other words, a working ecosystem, which would include working products that can fully meet the community's need for using NFT. But at the moment, NFT does not have a sufficient number of successfully working products and platforms, which means there is still time and a place to develop and achieve success. I personally like NFT and I myself am actively involved in some NFT platforms.
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My first experience in trading cryptocurrency was immediately on a real account and I can say that I was lucky. In simple words, my first experience in cryptocurrency trading was successful, however, I believe that it was not an accident or luck, but this is due precisely to the fact that I took this matter seriously and spent a little time studying the market. I can also say that my experience helped me to better understand how cryptocurrency trading works and that, in principle, if necessary, I can work in this direction. If you would also like to start trading cryptocurrency, then I can only advise you one thing, study as much information as possible about the current market situation and choose more suitable trading pairs for trading.
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This may seem very obvious, but some people do not seem to clearly understand what selling means. For example, I know a few people for a mid-size village that, during a housing boom, sold quite a bit of land to developers and made a development plan that was pretty much crazy (high rise on small streets, minimal walkways, no space for public services, ...). They were very happy about getting the money. Now, all I hear is complaints about how many disgusting people that are not born there came to live to "their village".
When you sell, is no longer yours. When you sell your bitcoin for more than you paid, you may be happy about it, but unless you have an investment to make or would like to buy something else, all you have left is... fiat. And fiat finds its way out of pockets very quickly.
Yes, you are right, being the owner, or what is more correct now to express it as the holder of assets, is always better than when you sell this asset. Especially now, when fiat money is depreciating at a high rate. Unfortunately, I cannot classify myself as people who have promising assets. Yes, I use cryptocurrency, but I still work and earn money to buy things necessary for life, but I understand that in this life you also need to strive to have assets that will help preserve and increase wealth.
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As for the situation in China, namely, the alleged withdrawal from the BTC market, or rather, the departure of miners, I think, can be associated with the current situation in the energy market in the world. Of course, the fact that the possibility of mining BTC is becoming more decentralized is very good, but I see that in this case the situation is slightly different. The withdrawal of BTC miners from China is an opportunity for China to survive in the energy market. Perhaps at first glance this is not visible, but more and more I agree that all this was calculated and planned in advance.
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I don't really know about this project but I got attracted with the project. Goma Shiba Inu is another project I so much love despite their total supply and yet the price kept increasing, as a holder there are some percentage of the token being distributed in every transactions that occurs. Do you think it's worth holding for long term? Already listed on CMC https://coinmarketcap.com/currencies/goma-finance/You could do your analysis and I appreciate your response. I do not think that Goma has anything special that could make this cryptocurrency and the project itself particularly successful, well, except perhaps like other similar ones, namely, a very low price for a token, which has already managed to grow quite well. All of Goma's success that we could already see was probably due to the little attention that was unexpectedly given to this project. Also, as far as I know now, Goma is cooperating with the Agareum gaming platform, which probably was able to attract the attention of the community to Goma and to a slight increase in the price of its token.
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We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
You know, I also noticed an oddity regarding the Tron network, namely, for some reason there are very few successful projects in this network, and in general there are practically no projects. Although I want to note that recently, most of all my crypto operations I have been doing on the Tron network and I do this because the Tron network has very low fees. And if we take, for example, the exchange of the TRX cryptocurrency itself, then the commission is generally very low from 1TRX and above. BSC is also in demand, but recently commissions have also begun to grow there, which again encourages users to look for other networks. But there are no projects from the Tron network, I believe because many projects can affect the Tron network itself and make it as expensive as Ethreum, for example. This is probably the deterrent.
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While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
Indeed, the BNB price was able to make a good leap upwards and I believe that this may be a signal for continued growth. Moreover, I still expect another bull run by the end of 2021. I really wanted the price of BNB to reach $ 1000 per 1 coin before the end of this year, this would once again confirm the theory of cyclicality in the crypto market and would enable many BNB holders to make excellent profits.
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Unfortunately, the gas price on the Ethereum network continues to show high values. There was information that with the launch of Ethereum 2.0, the situation should change for the better, but at the moment, unfortunately, there are no positive changes. Because of this problem, new networks began to appear, which have significantly low commissions, which forces users to switch to using them. I certainly still hope that Ethereum will sooner or later stabilize the load on the network and we will be able to see low fees, but in the meantime we have to use other networks, such as BSC and Polygon.
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Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? Do you feel the need to legalize Bitcoin in your country? Are your ideas about Bitcoin positive or negative? What is your personal opinion about this? What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged? I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.
As far as I know, in my country BTC is legalized, but it is available only in large cities. It would certainly be nice if BTC were available in all cities of my country, then this would probably be a positive trend for the adoption of BTC, but since this is not currently available, I personally cannot use BTC in my city, but what to go to a larger city is very expensive. However, I still hope that in the near future everything will change and BTC will become more accessible and then more people will be able to use BTC and this will positively affect its adoption in the world.
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NFT is a very promising investment in the future, if you see the interest of artists and popular figures starting to think about investment patterns here, it is very likely that NFT in the future is a promising investment, plus athletes are starting to target investment here . It takes special preparation to be part of NFT's investment, considering the positive potential that will happen is something we are waiting for, with NFT's outreach services for fans of Artists, Athletes and Big Figures, it is very possible for NFT to be part of the investments. NFT.
What do you think???
I cannot say that NFT is the best place to invest, but the fact that investing in NFT is profitable, I agree with that. Of course, with the advent of NFT, the crypto industry has received a new leap in development and now this industry continues to gain momentum, but how long it will last in trends is difficult to say. If we talk about the best direction in investing, then it is probably an investment in BTC, but NFTs are also good for investing, but since this industry is still young, you still need to watch its development.
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