With Bitcoin still dominating the market by 71%, we must be careful when choosing altcoins to invest in 2021. Because based on my observations, only altcoins that have strong fundamentals are worth buying in 2021. I recommend buying BNB, LTC, ETH, LINK, DOT, XLM and TRX. All the altcoins I have mentioned apart from having strong fundamentals, all these altcoins are high volume too. So in my opinion it is very safe to buy nowadays.
ethereum is also involved in this. I think when the altcoin season comes, the prices of these coins will be really high. if you want to choose one of them, I think one of the popular coins mentioned is the best. choosing coins other than that, only makes your chances of not following the moon rocket even bigger.
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In fact, the biggest mistake I just made was, selling all of the Ethereum I owned for under $ 700. Well, to be honest it's late 2020, and I truly believe that Ethereum prices could be even higher. however, being affected by FOMO, etc., I sold my assets. Even though I feel it's a pretty big gain, I'm still sorry when I see the current price.
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It's pretty sad to hear bad news from XRP, but I don't think it will affect the prices of other altcoins. however, it is different if ETH is in the XRP position. other than that, I'm still pretty sure that altcoin season will really arrive. Currently, bitcoin price is still rising and altcoin price can't keep up with that. however, if the price of bitcoin has stabilized, I think that one by one the altcoins will go up a lot.
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not everyone can make that decision. however buying at the new ATH price is a pretty tough thing to pick up. however, I think the OP has had a big advantage at this point. if he buys 1 bitcoin, the profit he gets right now is quite large, even I feel the price of bitcoin will exceed the price of $ 30k.
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Earning money is not just simple because you need hardwork and strategy so you will get your goals. Also once you invest to the crypto is not like that because you do more research about he project and coins you will invest to make sure that is good and you will not lost money. The only easy to make money is gambling which is cause also to you to lose your money too in an easy way .
Even in gambling, I don't think it's easy to make money. besides, making money from cryptocurrency cannot only be done with hard work. however, we are encouraged to continue doing research. it's like choosing a gift box among several kinds of traps. however, to find out if it's a worth investment or not, we need to do some research. I think making money from cryptocurrency is almost as difficult as making money in the real world.
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To prosper in this space, one has to be skilled in choosing the right project and the best direction as it relates to volatility. Some persons are gifted in getting on the right movements in the market and this has made them prosperous. I would love to have the ability to discern the right direction for a trade and invest wisely.
You have to sharpen your ability to think to come up with the best decision. Also, you have to improve your emotional control for you to handle such situation wherein you shouldn't be decieve by your emotion especially while trading. Prepare to lose and be ready to the battle in trading. Well, I think developing what we have today will be the best thing for investing in the future. however, we only need to study hard and hard to compete with those who are born with good skills. however, slowly, our abilities will be rewarded when we truly master them. even when you are great at speculating, or choosing a project, it can be an important point for future business development.
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I think many people think that 2017 is the best year for crypto. That's because mass pumping was between bitcoin and altcoin, and also ICOs were still very popular at that time. in 2020, or early 2021, the bitcoin price may be higher than 2017, but for altcoins, it is still not that good, and also the projects this year are not as good as in 2017.
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very high risk if we choose to invest in a new project because new projects are vulnerable to a scam they only look good on sale When the sale is completed many projects do not care at all even the roadmap is not on the right it's better to invest in top coins low risk and easy to profit
in fact, it was a real risk. many reasons behind this, such as we do not know what kind of development they will do after the list, and so on. There are several projects that have just been completed, but after the list, they haven't made any developments to this day, and there are many other examples. however, if you pick a really serious project, it can be a very profitable thing. however, everything in the business of doing new things has risks.
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Many people say that placing an investment in one coin is very risky and for that you have to be wiser in investing so that you don't regret it later, in my opinion you can choose the top 10 altcoins as the best investment place.
ethereum is the most suitable altcoin. however, if it doesn't match that, then there's still BNB or LTC. however, his main choice has always been the popular altcoins. Apart from that, the three coins above are always the top suggestions for people who are asking what altcoins are worth at this point.
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if it's like this, then sooner or later, XRP will really lose its market. for now, we suspect that Kucoin is doing this to defend XRP, but if the popular markets out there delist XRP, sooner or later, the price of XRP will fall.
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maybe some people intend to ask about coins that have great potential in the near future. although so far ethereum is still the king of altcoin, however, some people choose to hold BNB, LTC, and others because it could be that the potential on that day is greater than the price of ethereum. after all, ethereum is the best altcoin because almost all crypto users use and need it.
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Whatever be the type of project, it's always a better option to escrow. Be they be paying weekly or at the end of the campaign. Escrow maynot be useful in all circumstances, for example a bounty escrowed with the project token which fails to get listed on an exchange. But when the escrowed tokens or coin has a value, the bounty participants are sure to get something even if the project goes scam or refuse to pay to the participants.
at this time, I also choose to work on projects that have escrow, or something like that that can guarantee we get paid after doing some tasks. however, the use of escrow is not a disadvantage. I think spending a small amount on it is not suitable for a project that wants to grow very large. it can attract the trust of others.
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As far as I know, most of the coins listed there have a high price. however, personally I have never done a transaction there. I can't even see the ask and demand for a coin that is there. yeah, but I hope one day I can try to make transactions there.
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if there is such a thing, I think it has been established a long time ago, and is being run to help thwart scammers. however, for now, we can only report odd things to the scam thread, and these should be further identified. I just wish there was a way to find out if a project could be a scam, it's just that even a popular project can become a scam when the CEO gets greedy.
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Altcoins made a very good leap yesterday but today there is a stagnant market. When bitcoin dominance decreases, altcoins will start to rise. Altcoin investors need to be a little more patient I think the altcoin price will go up when the bitcoin price stabilizes for a long time. however, if the bitcoin price decreases for a large amount, it will cause the altcoin price to fall much lower. Well, this is still a prediction, but the possibility that the altcoin price will go up when the bitcoin price decreases is quite small.
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It's going to be an interesting future that's for sure. All coins have grown these last few months.
but not all altcoins. Right now, Ethereum is my concern. Even though I don't currently own Ethereum because it is selling so fast, it's possible that Ethereum might actually hit $ 800. maybe the price of other altcoins will also go up, but I don't want to take the risk of choosing a coin without doing some research first.
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making telegram active is a very easy thing because now a lot of services offer bots or manage telegrams to look active so don't just look at the community on telegram but look at the quality of the project. I appreciate your 6 years of research on telegram well, you can see that there are quite a lot of bots there. however, you can tell when you enter it. To be honest, an active telegram is a pretty good thing for a project, especially when there are discussions about developments that have occurred, or are coming soon. however, if the content is a bot, then I doubt that it can be trusted.
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just look at their social media. sometimes a coin that will list on a popular exchange will be reported on their social media. for example, the AMEPAY token, will list on bkex on the 31st, you can see this on bkex social media. this also applies to other coins.
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Seeing how altcoins price drop with every bitcoin price drop, and comparing how bitcoin grows now, while altcoins price not, scares me a lot. If altcoins go down, be careful not to lose that moment, because their fall might hurt a lot. I suggest to set stop losses right now.
What I'm afraid of right now is a sudden drop in bitcoin. it could cause the altcoin price to collapse. yeah, but this is just my concern. however, for now it is quite risky to choose an altcoin without doing any research. if you want to choose an altcoin, then choose an altcoin that has a big potential like ethereum
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Lol! @op really have to pray so very hard that miracle to happen because I do believe miracle still exist and xrp will really need it, with this latest drama unfolding and the sec breathing down their neck, ehh, $1 is a far away goal for them in 2021 but like I said, they need a miracle for this to happen, again crypto is full of surprises well, at the start of this thread, I don't think there's any news about the SEC yet, and at the moment it's looking pretty tough. however, just a moment ago, I also thought that XRP could hit the price of $ 1 this year. however, the world of cryptocurrency is unpredictable. Right now, XRP really needs a boost and a miracle to go over the $ 1 price tag.
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