There's a thousands of coins and tokens in crypto market. We can see the pump and dump of every tokens or coins in the market. People usually look on the use case of a tokens or coins before they invest but not all. Other's doesn't care about the utility of a certain coins instead they are after the profit they can get during the pump of a token or coins. Hype can make a coin pump but it's generally unsustainable and utility can make a coin pump long term but it needs hype to thrive, otherwise there won't be enough people to patronize and buy such coin. Hypecoins are good for short term gains, but will never beat utility in terms of smart long term calculated investing.
If you are a trader or investor, what is important to you in choosing token or coins to invest, coins depends on hype or coins with utility?
Well i'm agree with that, Mostly on the crypto market today hype was more important than utility since people want some short profit but if you are looking for long term option with better prospect then utilty it's the most important, The price can't easily jumping out to 2x or 3x coin with real utility but lack of hype have more steady growth with more stabile value rather than coin without real purpose but hyped. |
|
|
|
So I'm about to invest in cryptos for about 1500 euro after trying it out in september with great failure, lost a bunch, bought high and sold low cause I needed the money. Now actually I'm thinking of flipping coins, find good coins in dip and sell them in pump and repeat in other coins, I'm gonna stop cashing out cryptos in need of money.
Can i ask what coin do you buy on september? Did you traded on spot or futures? Investing on ICO, IDO or something like that? Basically Crypto was volatile in whale was easily manipulating the price to bait traders like us to joing their pump & dump scheme, If you are previously on some meme coins or something like that then don't do it again. Better holding some major coins like BTC, ETH, BNB, LTC and wait for long term for steady growth if you want to get more profit but more risk try some altcoin like Arweave, AIOZ or something like but will real use case. |
|
|
|
Everything you own is better than dogecoins or shiba coins, because potentially coins like yours will always be superior to meme coins even though they often get unexpected pumps in the market.
Yeah i'm agree with you, Holding some good coins for long term it's always better to get proper profit rather than joining some short pump like Meme Coins, I don't say it bad but need to be more careful since it's didn't have any real use case and can get easily dumped. I personally also holding some coin Like ETH as my favorite for next bull run, Some BTC, Arweave, SOL, Wemix and Draco since most of them have good prospect. |
|
|
|
In your opinion, which NFT games will develop in the near future: AXS, Alice, TLM, Mana, Sand, ENJ...?
All of the mstill have tons of potential in the future especially AXS and Alice beside that you can try Knight Wars since it's also have good team and development too, My favorite one it's mir4, It's running game with huge player base, They are integrating Crypto to their game and NFT in the future (November) It's MMORPG and basically you will enjoy and the last one there was also iluvium on the end of this year that have an great potential too. |
|
|
|
Solana and avax so far have good potential on blockchain chain performance. Keeping these two coins is something very good and potentially in the future. These two coins are also quite popular with coins that generate high returns.
I'm agree with you, Sol was doing some good development lately but for avax there are some lack development but even like that it's still good option to hold it for long term with good potential growth, Beside you also can check Rangers Protocol, Arweave, Aioz, It's have great potential too with stable growth. |
|
|
|
Right now Metamask haven’t their own native token how they will offering airdrop? It’s a mainly browser extension though they also launched mobile apps, here you can add a lot of eth addresses. Still i didn’t see any news Metamask announced about any airdrop or something like that.
There are some rumours about Metamask creating their own currency or something like that back then on august but they didn't want to rush it and they also stating there are some plan or idea to running an airdrop too but for now are more focusing on layer-2 solution and compatibility with other network so we can't predict accurately when or even this thing will happens but there are some chance too since the team was stating this, You can see here https://min.news/en/economy/16fe0c9bc72eb9e351b64502f6915df1.html or just google it, Well we just can wait for now. |
|
|
|
It's good for short term but i don't think it's good for long term, I mean some meme coins didn't have any real purpose and ended up like Another Ponzi Scheme. DeFi & NFT was a great concept and i think it's much better to spend on some good project with clear real use case and prospect for longterm and splitting small portion our money to invest on Short Term project like Meme-Coin based. |
|
|
|
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
For now i think it's the best pair we have, DeFi + NFT bringing as un new Non-interchangeable and Decentralized Finance concept and it's still on early phase as where it was more focused to gaming now but on the future i suppose there will be another innovative concept especially like Represanting some cerfitificate or something like that. |
|
|
|
~Snip
Eth, Ada, Dot i think it will survive for the next 5 years, Ethereum was really congested but still used until now and on upcomin Ethereum 2.0 I think it will change this, ADA and DOT also have great potential with their network, Terra Lunna never heard of that, Theta was really doing some good development but i don't know if that will continue in the next 5 years, Avax have great concept but it's lack of development, Well we can't predict accurately what will happens in the future but that was my perspective. |
|
|
|
Proof of authentication:
- bUKH address:0x6a14DaE5650E7869712191415A7612f205FF7051
- Email: dhemasm@gmail.com
- Campaigns applied for: Content Creation
|
|
|
|
Is this the right time to collect eth and wait till upgrade happen?.
Well it's the most best time to buy some eth for sure, Just buy some eth and wait till network upgrade. Lately as you can see the ethereum market was perfromed really weel even though the fee still high, Beside that as you can see people was really hype by participating on becoming validator so it's the best time for you to buy it and then just hold. |
|
|
|
I have heard that the bull rally will come by dec21. If that happens then there is a golden opportunity for investment right now. And if the bull rally comes. So the chances of 100x of the current investment are greatly increased. If you invest in good Altcoin, you will earn a lifetime. So you give me your advice.
Loong on previous market chart there are always some short bullish in the end of the year (Nov-January) But i think it's depends on the market itself, For this year from my perspective there will be some short bullish after i reading soem article, beside that Ethereum 2.0 Was coming too so it's will give some significant impact to the market, For now my advice it's same with you, Hold some good altcoin and wait till end of the year then let's see what will happens. |
|
|
|
ETH fees are very high nowadays and if we have a coin for 10$ it will definitely not be possible to transfer that coin for 30$. I checked gas fees are very expensive nowadays and that makes it very difficult for me to transfer money to the exchange. I hope the launch of ETH 2.0 will help reduce the current fees, otherwise we will all have a hard time using the erc-20 network.
I know right? Paying $15 Fee for total $20 Transaction value it's ridiculous, It's better to safe your asset especially an ERC-20 Based until eth 2.0 Released but if you guys really need to sell the tokens or make an transaction on Ethereum network it's better to wait until UTC Midnight time since the gas price was much lower on that time, I think it's the only most efficient way so far. |
|
|
|
Proof of authentication:
- Email: dhemasm@gmail.com
- DEBTFREE Wallet on Coinsbit ( https://coinsbit.io ): 0xB45f715D6a8c6706eB19abB52Ea02e15CB99CAF5
- Campaigns applied for: Content Creation
|
|
|
|
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
It's depends on which altcoins you invest but basically all form of investment have an risk but for crypto it's much higher since the market was volatile so no one controlling it but beside like that it's still good option if you choose some good altcoin with clear prospect and real use case but on the other side for short-term i think it's much better since most of altcoin out there right now didn't have any real use case like meme based coin or anything like that. |
|
|
|
Okay how do you prevent transactions from failing?
It's different from before, on EIP-1599 you need to follow the base fee and monitor the previous block if it was filled or not and the most safest way from my opinion use Mew where you can choose highest gas fee so your transaction won't fail beside that try to make an transaction on UTC Midnight time, The fee will much lower on that time. What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?
I have an problem with metamask too for sending eth transaction lately but metamask are just supposed to become an web3 interface to interact with ethereum network. |
|
|
|
but whether when adoption happens they will use it. or they are more comfortable using FIAT.
I think it depends on what they need but for now some people including me it's much comfort when using Fiat for daily needs but for some digital transactions i prefer Crypto and beside that it's have some scalability problem and compex things comparing to Fiat where you just can get the cash and buy everything so it's still a long journey for crypto. stablecoins issued by your country's central bank, or mainstream crypto coins like bitcoin.
There already some example out there like China or Turk with upcoming CBDC, Digital lyra or yuan beside that as you can see ecuador with bitcoin as an legal tender but still need some time to see the full efect of crypto especially bitcoin. |
|
|
|
|
Show Posts
