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I am now doing scalping for getting a small profit. Actually, I think it is more profitable than the long term for me. Now the market is recovering so now but BTC is at 41-42K so entering at this time will be risky I will wait for a dip. It is now the trend of NFT in the market so I think we should invest in NFT coins. NFA
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Proof of authentication - ETH wallet address: 0xA257F63670BD9fa1c1C4B2704978335Cfa730C63 - Email: kbhi1862@gmail.com- Campaigns applied for: Article, Video |
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There will be good projects in the future but I don't think they will be like Bitcoin. As we all know that Ethereum is the 2nd number in the crypto market, so It can follow Bitcoin and get a good place in the future, it is already in a great place but maybe more than today's. I think now no one can surpass Bitcoin, because it is most demanded and famous crypto. Many people only know about BTC they don't know about others. It can be possible but I don't think so. Let's see what will happen in the future  |
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Now the Ethereum gas fee is not high, It is increasing and decreasing so if you want to swap or transfer any token you can do it when the gas fee is less.
If you don't want to give a high fee then you should try Binance Network. There is a very low fee and many projects are now good on the Binance network.
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As we all know the BTC is at the top of the crypto market and Many companies are now using it as a payment source and It is continuously increasing. So invest in BTC will be a good decision. And the main reason is that it is the most demanded cryptocurrency of the crypto market It has dominance on all altcoins.
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Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.
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It will surely happen because now cryptocurrencies are being used in many places and companies. So many people will come to crypto and invest their money in good coins. Ethereum is also a good coin so when the market cap of Ethereum increases the price will also increase. So we can see the price at 100K$ easily in the next 9 years. Maybe Ethereum launches many new things and people can be attracted more.
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Don't depend on people you should research yourself and choose the best one. Here everyone will give you different coins so maybe you would confuse. In my opinion, you should check out NFT coins. Nowadays NFTs coins are pumping 30%-50%. So we all should not miss this opportunity and get good profit. I will not recommend you any coin you have to find yourself.
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Maybe the price of Ethereum and Bitcoin would be 50K and 300K respectively and meme coins will no longer exist in 10 years. As we all know that crypto market is increasing day by day. The Ethereum was of 400$ in November 2020 and now it is at 2350$ and Bitcoin was approximate 14000$ now it is 39000$. They have 6x and 2x respectively. So it shows that market is always increasing.
I think meme coins do not depend on Bitcoin and Ethereum except Dogecoin.
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It all depends on the project which you are holding. If it is still active and updating the community daily, then it has chances to go up. But If a project is pumped in past and again dumped and their team members are not updating the community with new news then it will never pump again. In case of Doge the Elon Musk shilled about it. That's why we saw a pump.
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This is not easy in beginning to find good coins that will explode in the future. You should be active in crypto and watch out for every update about new projects. It is a basic trick to find the exploding tokens from my point of view.
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As we know that Bitcoin is increasing and becoming more popular in the world, many new companies are now accepting bitcoin. So I think we should invest in BTC for the long term. Because the first and good choice is BTC. If you don't want to invest in BTC, then you can check the FTX exchange token, which is very great for long-term investment. I will buy it weekly and hold it for 3 years.
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If you want to invest for the long term then invest in Polkadot. Because it has good future. You can also invest in Chilliz and Tomo, but I will not suggest investing in these coins for the long term. You can do a short-term investment.
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I don't think that the price of USDT will decrease or increase, because many people are using it as a stable coin and use it for buying any coin in the dip. If the USDT becomes unstable then many people can get a big loss.
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