as decentralized finance (DeFi) applications and non fungible tokens (NFTs) become more popular, will they change the way we handle money and own things,
or will they only be used by a small group of people(like now being used) ?
Are DeFi and NFT becoming more and more popular? I wonder if anyone can remind me of the last of the newly released high-profile projects from the DeFi or NFT category? I think those token categories lost their popularity a long time ago when the hype for those projects ended. Is NFT even of interest to anyone right now? Other than for speculation, does anyone buy these pictures? I have big doubts about the popularity of these tokens. Now the community is interested in the topic of artificial intelligence and various tokens-layers, 0, 2, etc. |
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Future blockchain games require strong configuration and slow gameplay that persists over time. The value of the token is no longer something that shapes the entire value of the game, but items, land, and characters in the form of NFTs have an important role.
People have experienced shoddy projects. People need to ignore the get-rich-quick mentality and stick with the game to develop a stable and sustainable project over time.
I have a feeling that there is no future for play to earn, this trend has passed and is unlikely to return in the form in which it was in 2021, on the wave of its maximum hype. No one needs these projects now; no one is trying to enter the market with a large-scale project anymore. These projects no longer attract a lot of investment, because the time for this business model has passed. It has shown its complete ineffectiveness and absolute unviability, because the community itself is killing these projects. Those who previously invested in such projects over the long term are more likely to find themselves in the loss zone or forever stuck with a pile of tokens no one needs. If this industry is reborn, it will already be in a different form and with a different business model and it will already be completely different projects, new projects, and everyone will forget about the old ones. The blockchain game will continue to grow and only real serious projects remain. There are many games that take a long time to build similar to Minecraft. I already mentioned that NFTs will have a high value. Sometimes tokens are just an intermediary currency for people to turn to NFTs. NFT games won't release as massively, indiscriminately as 2021. That's like the startups we've seen before. The market will purge weak projects. I believe that Metaverse will continue to grow steadily in the future with the existence of crypto. Just not in the form in which these very games exist now, they need a radical change so that these projects gain vitality, and not die with the appearance of the first difficulties. Many people associate NFTs with scam and shitcoins, so without significant industry redesign and regulation, NFTs are unlikely to be of high value to anyone. The year 2021 showed perfectly what 99.99% of all issued NFTs are really worth. Their value is zero. |
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...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.
No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better. Agreed. Trying to avoid new tokens is actually killing the meaning of investment. Why would the perfect thing happen to everyone if there is something that involves lower risk and higher return ? When Bitcoin came out more than a decade ago, even the buyers at the time would not think anything huge at the time, probably they just randomly found this name was fun and threw a dozen bucks to buy in. The only question about new tokens is how to make optimal choices within reasonable research or critical thinking. I don't agree that it kills the point of investing, because investing doesn't imply that you have to be an early adopter. Rather, it kills the point of venture capital investing, where the investor invests at the earliest stage of project development in order to maximize returns. Venture capitalists are the most profitable investors in the investing category for the reason that they buy coins at the lowest prices and get the maximum profits, while exposing themselves to minimal risk because the project does not always fall below the price at which they bought the coins. |
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Less need to participate in all sorts of dubious airdrop and events related to the draws of new cryptocurrencies, as well as less need to follow all kinds of links in discord, where you supposedly won something, and also carefully check your mail for phishing links, this is the most frequent phishing attacks, in which people lose their money. Also in NFT marketplaces they often slip fake NFTs, which supposedly are very expensive and you suddenly have one of these in your wallet.
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Why XRP and ADA when ETH is better than all the current altcoins and the second choice might be BNB.
XRP and ADA lack hype and have been abandoned by their investors.
Bitcoin is the main long-term investment, then ETH and BNB are other alternatives. It is better to choose a coin that definitely has many investors and is clear. rather than waiting for a long time 1-3 years with an unclear coin. Bitcoin next year will also have a Halving event and now is the best opportunity to invest in Bitcoin.
At the same time, if you choose to invest in such heavy coins that have been on the market for many years and have shown hundreds of x's of profit, then you must have a good deposit so that the expectation of several years until this coin grows significantly again is justified. If you invest $500 in such coins, it is as inefficient as possible in terms of developing your deposit, as such coins are unlikely to grow more than 5-7 x's. |
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Future blockchain games require strong configuration and slow gameplay that persists over time. The value of the token is no longer something that shapes the entire value of the game, but items, land, and characters in the form of NFTs have an important role.
People have experienced shoddy projects. People need to ignore the get-rich-quick mentality and stick with the game to develop a stable and sustainable project over time.
I have a feeling that there is no future for play to earn, this trend has passed and is unlikely to return in the form in which it was in 2021, on the wave of its maximum hype. No one needs these projects now; no one is trying to enter the market with a large-scale project anymore. These projects no longer attract a lot of investment, because the time for this business model has passed. It has shown its complete ineffectiveness and absolute unviability, because the community itself is killing these projects. Those who previously invested in such projects over the long term are more likely to find themselves in the loss zone or forever stuck with a pile of tokens no one needs. If this industry is reborn, it will already be in a different form and with a different business model and it will already be completely different projects, new projects, and everyone will forget about the old ones. |
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Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.
It's just that tweets alone aren't enough anymore. Now people have already understood where these tweets are going, so his mentions don't fuel the price too much. In addition, now there is not so much liquidity in the market to pour it into all sorts of projects, like doge, so we need scale here, we need people to have another hysteria, so that Musk again bolted DOGE to some product, like buying Tesla CyberTruck for Doge, and it happened on the wave of the general bullrun, then maybe DOGE has a chance to shoot up to $1. |
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Assumptions are simply opinions and given that there's no certainty of how will the market behave in general, it wouldn't be advisable to rely on such speculations especially with your investment decisions. Bullish marjet is more assumed to occur next year because of the anticipated halving. It just happened that early this year, an increase occured which quite built a hype to the investors to expect an early uptrend but right now, a correction have occured which surprised them. Best thing to do is to wait for things to calm a bit than to go up against the flow of the market. No one knows when will it exactly occur so atleast be patient for now; that's the best thing to do.
I still believe that it will happen exactly in 2025, not earlier, that is when there will be a full-fledged bull market, which will again break records in capitalization of the whole crypto market, bitcoin will show a new ATH, and all tokens will grow like by leaps and bounds. The bear market has just ended or is about to end. It's too early for things to start rising and too early for everyone to be consumed by bullishness. Plus, I'm sure the big players can still create a big false fall or a fake start to the bull run. |
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...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.
No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better. |
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What kind of sharp decline can we talk about when we see only 10-12% correction of cryptocurrency prices. Now the market has quite naturally gone to correction, so I expect fall down to 20-25% from current highs, which were shown by the top cryptocurrencies a week ago. In summer, by the way, the market is almost always bearish or does not move at all, so you should hardly count on the summer bull run.
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Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.
Thanks for your responses.
How long? If, for example, for 2-3 years, it is quite an applicable strategy for such an asset, but if for 5-7 years, it is a very bad idea. Many altcoins, especially after some shocks, very often grow in a very limited range and no longer update their ATH, such altcoins need to be able to fix profits in time and not to overextend. There is some possibility that SOL will never reach its ATH again, like EOS for example. So better do your research and decide the time frame of the hold, because solana is not bitcoin and a long hold may not bring the same effect as bitcoin. Keep this in mind. |
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If someone buys a coin in the spot market, they got nothing to worry about since even if the price drops significantly, they will still have their coins in their wallet and they have the option to keep them until the price recovers back and gets higher than the point of buying so that they can sell.
This strategy is for bitcoin. It doesn't work with most altcoins, even those in the top 10. If you bought Ripple at $3 in 2018, how long do you think you have to wait before your investment returns to cost? It's been over 5 years now, but XRP is still far from that value and it's not certain it will reach those values anytime soon. So the notion that altcoins on the spot market can be held indefinitely until they return to their price values is actually a huge misconception. The only thing you can do in altcoins all the time is sit at a loss, or with those coins that have turned into a mountain of junk and no one else wants them. |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
There are often cycles in the market that have been clearly following each other for years. A bear trend is followed by a market recovery, and a recovery is always followed by a bull run, a bull run is always followed by a bear trend, etc. There are market trends and there are altcoin trend hypes, but that's something else. Altcoin trend hypes can start at any time of a market trend, be it bearish or bullish, but you can never predict or predict the beginning of such trends. |
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DEXs are alternate airfields when storm clouds gather around CEXs. Once the clouds go away, people bring their money back to CEXs. DEXs will never replace CEXs. Rather, they will likely continually act as a backup and temporary option for exchanges and trading, during times when making deposits on CEXs is very risky.
I'm afraid so. DEXs are still far from being a perfect replacement for CEXs. Besides, you can't expect a DEX to comply with regulations if it's truly decentralized and censorship-resistant. CEXs may've suffered a severe blow after the FTX collapse, but that doesn't mean they will die. Regulations will increase to help prevent another catastrophe like the FTX implosion from happening again. As long as governments are keen on collecting crypto taxes, don't expect CEXs to go anywhere soon. I hope DEXs improve to a point where they become as comparable as their centralized counterparts in terms of performance and user experience. With L2 scaling solutions, and native mobile apps, we should expect DEXs to grow bigger in the future. Who knows if they get to last for generations? Just my opinion  It is worth wondering if they will ever come close to replacing centralized services perfectly. It's also worth asking if most modern crypto users need this replacement and move away from centralization? It seems to me that in the crypto world decentralization will always not be a popular topic, rather a certain underground and a place for a special category of users, which will always be a minority. The majority will never trade CEX for anything else. |
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There is nothing worse than buying memcoins on an unknown exchange. The risk of buying meme-coins is already high, and then some unknown exchange recommends to buy these very high-risk coins from them. Meme Coins are HYIP, pure and simple. I would not recommend to anyone to buy new memcoins, especially those which are listed only on decentralized and low liquidity exchanges, because they are more vulnerable to scam than others. DYOR.
Most of these coins never make it out of the exchange that they are initially listed at, whether it's a decentralized exchange or a new or not-so-famous centralized exchange which only a few thousand people use that has very low liquidity for every other coin or token except for the ones which are initially listed at their exchange. The ones that get hyped too much, like Shiba, Doge, and a few more actually made it to every big exchange over time, not because they are good tokens/coins, but because they have a community that believes they will magically grow very high someday. Right, because many such meme coins have limited budgets and are created by ordinary crypto users in the hope of making money from this hype. And I noticed that as soon as a new hype meme token appears, a bunch of clones appear on decentralized exchanges, which usually only grow for a few days, and then their graph just looks like a straight line at the bottom. These coins are disposable, so to speak. |
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madnessteat, вы неправильно оформили цитату  Это не слова Excimer`a, это слова ~DefaultTrust. Вообще не понимаю, как у вас так получилось Исправьте. P.S. А вообще то, вы уже залезли в такой оффтоп. Ну совсем уж не по теме топика.
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DEXs may be gaining traction, but that doesn't mean they will beat CEXs for good. That's because DEXs will be unable to fully comply with regulations due to the way they're designed (not to mention, they will always have lower liquidity than their centralized counterparts). Don't expect CEXs to go anywhere soon, especially when they're extremely useful for helping governments track & trace tax evasion, money laundering, among other illegal things. The FTX scandal will become history as the crypto industry emerges bigger and stronger than ever. Who knows if CEXs will take other measures to help prevent another crisis from happening again? Juat my opinion DEXs are alternate airfields when storm clouds gather around CEXs. Once the clouds go away, people bring their money back to CEXs. DEXs will never replace CEXs. Rather, they will likely continually act as a backup and temporary option for exchanges and trading, during times when making deposits on CEXs is very risky. |
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from here we can see which meme coins are good and which meme coins are not, shiba inu is one of the meme coins which in my opinion is quite good and consistent in the process of developing, and shiba inu has great potential in the future, if shiba inu can continue to adapt to keep up with current development
Personally i'd not invest in any meme coin or consider any of them to be good investments, it is obvious they lack any actual utility, and are only good for traders who want to speculate and make some quick profits, meme coins also fall into the category of pump and dump coins, they usually appreciate in price when there is quite a lot of hype for it, but without that hype and with obviously no actual utility, it is definitely going to dump. I don't consider meme coins to be long term projects with a long future, thus be careful how you invest in them, and always be ready to pull out before a dump. You're right, meme coins are trading and gambling toys, as a high-risk investment, so they don't mix very well with proper, low-risk investing. Buying new meme coins that are relatively new is like investing in a ponzi scheme, you never know when or how this venture will end. It's not investing, it's roulette. Those who spend time buying unknown meme coins in the hope of discovering new SHIB, they all, for the most part, are left with a loss and a mountain of junk coins in their wallet. |
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There is nothing worse than buying memcoins on an unknown exchange. The risk of buying meme-coins is already high, and then some unknown exchange recommends to buy these very high-risk coins from them. Meme Coins are HYIP, pure and simple. I would not recommend to anyone to buy new memcoins, especially those which are listed only on decentralized and low liquidity exchanges, because they are more vulnerable to scam than others. DYOR.
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