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even though arb was good coin honestly but the main drive of its price was mainly because of the many meme coin that has emerged in the blockchain.
everytime there is an airdrop it adds massively towards the traffic of the blockchain. I think now that the trend has been weakening it affects arbitrum.
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meme coin in general aren't really in good situation right now elon too busy having lawsuit against thread that I don't think he will care enough about meme coin and will shill for it.
wait until next bullrun sign appear i guess before accumulating.
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wait until ftx 2.0 appear then maybe you will see some price change with this coin after all it was heavily influenced by that platform back then.
but honestly I have so much doubtful in regards of the prospect of this coin.
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and nothing significant happened to the coin itself, these burning strategy are surely not effective nowadays, so many altcoins out there are also doing the same thing and regardless
there is not much effect resulted from burning coins in order reducing the total supply.
I wonder if this strategy still relevant regardless of luna that is in a state of dying.
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High Gas is really a problem with ethereum and most blockchain networks but what i normally do is that whenever the gas fees are low, I normally move them to centralizes exchanges and leave it there so that i won't incurs high gas fee, I know it's risk but i am trying to avoid high gas fees for transactions
the other option would be to move over to the second layer alternative for the sake of avoiding the fee but then again it would still requires some fee when sending even in the second layer solution even though the fee significantly lower. |
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actually I'm not interested in meme coin, it's just that I like to take advantage of existing situations, so when there is a meme coin that is being hype, then I will also invest in the meme coin, but of course I will not invest for the long term, so when I get profit at least 10%, then I will sell it immediately, because investing in meme coin has a big risk.
indeed the most logical thinking would be taking advantage of the massive meme coin bullrun and then leave it after there is signs of dumping. after all the investments flocks there, but i also sure that its not as easy as it pictured to be. |
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It will depend only the market situation because if the btc price will rise continue then possible. You should looking bnb price up or down everytime but real timing for up always. BNB is a strong community platform even they have larger investors. They have some real services then many people like bnb for using others sector.
not really a service but holding BNB might get you some rewards by binance. but then again the market movement of BNB doesn't really depends on bitcoin movement solely, but currently there are other factors like the lawsuit which should be of concern, anyone investing in BNB should know that. yes, usually the BNB price always follows the Bitcoin price, when Bitcoin pumps, BNB can also pump, but it's a shame that BNB didn't perform well this month, because Binance is being sued by the SEC, so the BNB price has had an impact. regardless I think BNB still have the chance of achieving that target honestly $300 is just some small increase for BNB we have seen BNB reaching even greater price in the past when it hits all time high which significantly greater. |
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Some of your words are true but it also true that, a coin also start increasing when any good exchange announced to listed it in their exchange. It'll be great if i can buy a coin with cheap price which is possible while token sale but Who will guarantee that PEPEWX will be profitable in long run? Cause after all It's a meme coin and most of meme coin don’t have any future
thats true but honestly once meme coin gets listed you're already too late to invests, everyone else already make an investment, so basically eitherway you're just wasting your time and money away. in this case better avoid meme coins in general then. However, memecoin is still memecoin, if memecoin is experiencing a pump then it is caused by fomo and of course that is not a healthy investment, because a dump will always occur after a pump, you can see on coinmarketcap that 99% of memecoin is dumped -99% at the moment, and yes, except for 1%, for example Shib, Doge, Floki and Pepe, who are currently experiencing positive ROI. also to add something these meme coins that still retains their value after sometime are usually getting shilled by some famous figure, they got that support in form of shill and investment. so I guess that make sense why some meme coin still retains its value after so long. |
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At this time? Sure not gonna happen. It almost impossible for CAKE price to reach $50. Especially if we looking into the market situation right now, the project really need to do something BIG if they want to reach that price in the future.
there's nothing BIG that swap platform could do honestly, there's just rarely innovation nowadays, moreover added with the fact that most of these swap platform have reached their peak valuation, i doubt they could even grow significantly from here on honestly. If you already have a lot of users like Pancakeswap, that's already a good achievement, but DEX development is just like that, nothing special, but keep in mind if CEX is disappearing and DEX is increasingly being used then CAKE can make it possible to reach $ 50 or more. even then reaching $50 is a bit stretch, its just too far from current valuation not to mention that coin that already have quite high market capitalization aren't that easy in multiplying its own value. so honestly I also a bit pessimistic in this regard honestly. |
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there is no need to be more than 2 meme coins that have humongous valuation.
I just wonder why people everytime they encounter some good meme coin always think of them as the next shib as if there's really need for meme coin to have that much valuation isn't the most important thing is that the investment turned out to be great.
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Right now there so many new coins appear in this crypto market, most of them just pure scam. Especially meme coins who don't have real product/services to be offer, i don't know why there so many people who believe on the type of coins like that, especially if they want to hold for the long run.
It seemed that those who believed due to lack of experience, to me it is very clear that meme coins are not worth long term investment, it is better to minimize the risk than to lose money just like that. meme coin isn't even investment its speculation but regardless someone could still get quite promising profits if they know the cycle of these meme coin so I don't think betting on them is wrong either. |
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Some of your words are true but it also true that, a coin also start increasing when any good exchange announced to listed it in their exchange. It'll be great if i can buy a coin with cheap price which is possible while token sale but Who will guarantee that PEPEWX will be profitable in long run? Cause after all It's a meme coin and most of meme coin don’t have any future
thats true but honestly once meme coin gets listed you're already too late to invests, everyone else already make an investment, so basically eitherway you're just wasting your time and money away. in this case better avoid meme coins in general then. |
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Right, specially test net airdrop will ask to deposit in their platform, it can be 30$-50$ even more i have seen a few airdrops but there are no guarantee you will get any rewards it’s definitely depend on your luck i think. So, it’s pretty difficult to predict that which project will pay reward or not. Personally i tried with several project and get only from only a project.
Just avoid to join airdrops that ask to deposit, it is too risky. 30$-50$ may be not a huge money, but it is better to use for other good things. For airdrops, it should be free, they mustn't ask to deposit with any amount of money. Most of them ask for KYC, you also need to be careful on this matter. It is our personal data that should be a secret information. If you are not sure with the projects, kindly stop thinking to join the airdrops. Only join airdrops from trusted projects, we must be careful because there are too many cases of scams and our personal data can be traded on black market. i agreed sounds like he got scammed by some random airdrop projects. usually retroactive when still in testing stages, only requires someone to test out their blockchain not depositing anything, otherwise it would be called production stage. |
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Some of your words are true but it also true that, a coin also start increasing when any good exchange announced to listed it in their exchange. It'll be great if i can buy a coin with cheap price which is possible while token sale but Who will guarantee that PEPEWX will be profitable in long run? Cause after all It's a meme coin and most of meme coin don’t have any future
With these doubts, of course many people don't want to take that risk by investing in meme coins for the long term, there are still safer and more viable options, but again everyone has their own decision. meme coin investments always for short term, if its for long term it will just instead lose its value so yea, i don't think anyone that knows the pattern of meme coin gonna be holding it for long honestly. |
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The answer is easy, the only thing is that altcoins have a lower price than Bitcoin,
yes you can say 90% of altcoins have a low ROI, so to invest safely, of course, altcoins are the second choice after bitcoin,
some even make it the first choice, just like me who choose altcoins to be the first choice of investment.
altcoins might have lower price though it usually have higher ROI than bitcoin honestly. so saying it has lower ROI is wrong, after all you would rarely see bitcoin multiplying its current value to hundred folds but altcoins could just do that. |
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seriously when the high market capital coin out there are losing their value after series of bad news, i'd think that there are no more coins worth investing other than these coins.
it's as simple as that frankly speaking since they are just that undervalued.
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If you ask me, I would say that mostly you will get the same answer that people are holding onto, whether it's about Bitcoin or Ethereum. An honest opinion would be to decide for yourself based on the market trend and demand. In my opinion, both Bitcoin and Ethereum have bright future growth. If I were in your place, I would buy or hold them in a 50-50 ratio.
many have advised to put more in bitcoin which makes more sense considering big share of portfolio should be all about managing risks and then seeing more volatile coins after that. but in this case i think splitting equally would do, they both just promising. |
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It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.
Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money. thats the reality, many think it's easy to get profit in meme coin meanwhile its indeed easy for the whales but for late investors, it definitely not gonna be easy considering the fact the market is heavily manipulated. |
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I think Cardano has the most promising design. If it succeeds at scaling with input endorsers and hydra. Cardano probably has THE most user friendly staking protocol outside of maybe something like cosmos. I love how low barrier to entry and easy to use it is, plus it's a lot more secure than etherum. It will have a bright future.
too bad though the dapps that in there didn't varies as much as ethereum otherwise it'd be great since the fee are cheaper than ethereum as well but ethereum with their so many quality projects are still kicking, putting the scams asides in the meantime. |
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Any advice on how to prepare when it comes to being ready to take profit?
You'll only accrue and take ROI if the altcoin you buy pumps and you sell right before it dumps, not all altcoins will pump during the bull run, quite a lot of them do not have any actual utility/demand, so there's nothing to facilitate their pump, thus they'll either appreciate for a very short term and dump very fast. The thing is, altcoins can pump pretty well, but it is difficult to know which one is going to pump, and that's the reason why it is difficult to invest in altcoins and be certain of ROI. in bullrun usually they all pump in unify though, but most certainly there are some coins that will not have some pump as you have stated and determining one is difficult. but majority of the high ranked coin are usually always the one that pumps. |
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