Because lite coin is older then bitcoin cash, bitcoin cash is the product of blockchain politic it happen in 2017 bullish because two big community does not agree for each other idea, bitcoin cash community also thread bitcoin community like enemy. Bitcoin cash is centralised while litecoin is well distributed and sportive community behind it.
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I voted for these project : 1. DeFi New Project : Sovryn and the reason is sovryn will be native DeFi for bitcoin, Pomp and Syndicate support the project, Edan Yago as the developer also good. 2. Big data management new project : SYL from XSL labs, because they will make good product and the team behind it also good, just wait who will be blockchain developer. 3. Games and NFT : Vulcan Forged is one of my favorite project to invest. They already have working games and many players plays the game. The graphic also nice.
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Uniswap transactions take two swap, Token - WEYH- ETH and this is what makes people pay more when they exchanges the token with uniswap, and this is hiw uniswap community taking profit, but it is good for liquidity of the token on it. If you did this at pancake swap it will not charge you that high because Binance smart chain fees is not high as ethereum fees.yhe problem is not on uniswap but on the ethereum network fees.
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I hope you learned from your mistake, the mistake almost all newbies make. 1. All in on new project or the project which hyped and still no working product or blockchain. 2. Does not do deep research about the project so you fall in to pump and dump project and the project die.
If the token you bought have potential in the future you have a chance to recover, look at ethlend, swissborg and couple of project, they doing good performance after the network is up, but the token was dumped to the lowest price.
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And this is why many developer and project move their project or make another token on BSC, the fees can not be reduced, especially if it listed on dex like uniswap, you will pay high fees plus double fees Token - WETH - ETH or vise versa. I hope eth 2.0 will launch soon.
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There were still people who buying for the hype, but many hodler now hold their bitcoin since institutional investor also doing the same, it is not because elon musk twit. And for people who invested because of elon musk twitt. They will get broke, dont buy in hype bro, buy in fundamental of its uses and technologies. Bitcoin have been developed for 11years and it is deserve billion intellectual value also the energy we consume to mine the coin is the value.
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I am not in panic everytime the price drop, because i still believe the price will be back again, especially when i saw institutional entity entering this market with their very big fresh fund. Another reason is i only put my saving money not daily use money to put in my crypto portofolio. If you oanicking everytime it drops you will broke and staying poor for the next decade.
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You should check these coin : 1. DOT : Polkadot is the best altcoin with many feature and many support from community and developer. 2. MYID : new ICO and the project is for very usefull tonprevent scammer and thief in this industry, you can read full whitepaper on its website. Yhey also have physical office at singapore. 3. IFEX : interfinnex is still in the development phase but already have working product to swap token. Marketcap is still very tiny.
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I am putting my money in these alt for reason : 1. Ethereum : 30% of my portofolio ( it was 60% of my portofolio ) 2. Polkadot : 30% of my portofolio ( the reason is, this coin can sometimes replace ethereum ) 3. Litecoin : 20% of my portofolio ( the reason is, mimblewimble implementation and the halving which happen in 2019 ) 4. MYID : 10% of my porto ( New ICO and i think this project is legit. Sometimes new ICO can gives me good return )
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In this forum, especially old member. Knows what doge is. It is just pump and dump coin. Now it is used by some reddit group to take your money. Dont buy in blindly in tobthis token, buy only when the storm is calm or uou better buy in the new ICO which is legit like MYID.
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Here's my list to find the best icos in the world. polkastarter
Sorry, but polkastarter is an IDO (Initial Dex Offering) platform and there are more strict rules to get yourself in those IDOs ( if i'm not wrong). Also, participation in those IDOs are more hard as luck is depended to get selected by whitelisting lottery. But it's more safe to participate on IDO rather than ICO. Nowadays, more investors as well as projects are showing interest into IDO instead of ICO. ICO and IDO is just the same, wwhitelisting is just to get attantion to people so the project can called them self legit. In fact ICO and IDO is the sameshit. IDO is not guarantee the project will succeed, ICO with strict KYC also still can give you good investment.
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I will choose polkadot then BSC, because of the developer if BSC is gavin wood. And the uses case for DeFi is more in polkadot then BSC. It will take time to create fulky functional system but dot will made it in the end.
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Altcoin failed percentage is 90%, thats why it will give 1000x of your investment if you find a Gem in altcoin, but there are always a chance to yhis gem, its all depends on community and the project developer. No matter market is in bullish phasr or bearish.
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I dont know if mycrypto self custody wallet or not, if it is self custody and you have no plan to sell it in the near future, go withdraw your coin and ofcourse the coin will not shown at binance anymore, but if MyCrypto is centralised wallet you better choose anither wallet like exoduse to make sure it would not easily getting hacked.
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Dex is the good project but it is not mature project as we see centralised exchange. The reason people still using CEX ( Centralised Exchange ).
1. Centralised exchange still faster then Dex 2. Fees is lower then decentralised exchange 3. User interface still way better Cex then Dex 4. User Friendly
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You better trade it againts btc if you believe that btc will replace our daily life transaction, if you want to cash it in the near future you better trade it to USD. Not USDT but real USD, thats how i did for almost 4 years. Or you can search another ICO which probably can gives you big profit.
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Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.
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With 100 million coin in circullation ethereum will never touch that price. Lets make more realistic analisis here, and if ethereum touch $100k per ethereum, can you imagine how much the gas fees would become ? Even though ethereum 2.0 succeed it will only reach around 300billion dollar in marketcap.
Correct me if im wrong..
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