If it is what I use, I use these following altcoins either for transactions and for my own personal holdings; I've got a lot of them but they're just dust amounts so I won't mention those because they're like a total garbage on my portfolio. |
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What i am seeing is MakerDAO becoming one of the most recognized RWA projects in the industry. They are diversifying their portfolio with real world assets and have already invested in few projects that are trying to connect real world assets with the crypto industry by tokenizing them.
That's good if they're doing that actually. Investors are investing into a project that they can see what it has projected and it's happening in real life. If they are distributing like this and buying real world assets, that's just necessary for them if they have been into this niche as a project. Tokenizing assets and backing it up with the real one is a strong contender on this market where investors will find it interesting to get in. MakerDAO is a veteran in the crypto industry and they have an experienced team. It will be wise to track what they are doing in terms of development.
Yeah, I'll start doing that because it seems that they're doing a good job on their development. |
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From BlackRock? Most likely that it's gonna be approved. But is it just me what if these are just like gimmicks of the institutions when they've filed for ETF because they know that the market will obliged to follow these news and will result to an increase trend and demand for specific cryptos which we've seen with BTC and ETH. I was only thinking about that but I know that these are for real and the institutions such as BlackRock are already for Bitcoin and ETH. I just want to see on who's going to be approved first but it is most likely to be Bitcoin since the filing came first from it.
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If we keep BTC and ETH aside then my choice will be projects that have a real use case throughout the industry like MakerDAO, LIDO finance and other projects that are fundamentally strong. These are really long term investment but for the next bull season my choice will be from Web3, AI, Decentralized social media etc
I am seeing MakerDao being more active in their development and hiring more people to get onto their community and I guess that's the part that they gets serious with more people getting on them. 1. SOL
2. ADA
3. ARB
4. ETH
5. DOT
6. KAS
Interesting list, SOL has been one of the coins that I have ignored for so long but looking at its gain now. I have people that are focused on it and that's what's entirely on their bag and happily sharing that they've gained that much. KAS is one of interested POW coin that people can still into it, looks like it hasn't got into any ATH as of the moment but just now based on its chart. |
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Some of the governments just wanted to save their people from scammers and Ponzi Schemes because when people are still learning about crypto and others in their country are still ignorant about it, the scammers mix real information with their schemes and encourage their victims to invest in their project like the old cloud mining we once had in the internet and it was the most trending at that time when there were no ICOs and other. right now, people need to have proper knowledge about crypto so that their government will have no problem opening the opportunity to invest for them.
It is understood that governments like to save their people from scams. But with their actions, even the legit ones are also affected and that's how they take the issue. And people can't do a lot with this because they might go against the government and it's always their final say that will be followed by the law. Just get the positive take on it that they're also driving down the scams and tracking the scammers to serve the sentence that they deserve. At least that's a good consolation for one to take. |
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A lot of scams is everywhere. And if this has taken for so long before they've been finally arrested, there is a potential huge ring that circulates from there. The ones arrested are just likely the rats that are being commanded by whoever is at the top of their scam chain.
And for the people that have been thinking of multiplying their money, the best thing is to keep unstoppable researches so that they won't be a victim anymore and set some signs of red flags so you can flee as early as you can.
Authorities find hard to stop this scamming operation since there are so many people doesn't learn from other people mistake that's why there's a lot of money taken by this scammers from many people in that country or even outside. That's the reason why people need to be vigilant and help theirselves to gain knowledge about those scams so that they will not fall on any to good to be true offer that they may encounter in future. To many same like incident happen also to many warning coming from government and to those people who experience a huge scam on their life so better from those people still thinking to invest on ponzi scheme to stop so that they would not became a new victim of those syndicates. There's no way to stop them but they can be cracked by the authorities if they want to. Why I'd say that they won't be stop? Because they will just reproduce and the same schemes will be made. They won't stop because they all know that there will always be the victims that they can fool and no matter how hard the authorities crack them, they will keep on re existing because of unlimited tricks they can make. |
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Let's make this thread alive again, as Bitcoin has pumped to $36,000 once again and getting closer to the 3/4 of the ATH on 2021. ETH is also doing well.
As of typing this, $1900 is its current price and just a few more steps to get back to $2k and I think from there then it's going to be easy to reach the next price points of thousands like $3k on wards as we're about to enter into the bull run.
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A lot of scams is everywhere. And if this has taken for so long before they've been finally arrested, there is a potential huge ring that circulates from there. The ones arrested are just likely the rats that are being commanded by whoever is at the top of their scam chain.
And for the people that have been thinking of multiplying their money, the best thing is to keep unstoppable researches so that they won't be a victim anymore and set some signs of red flags so you can flee as early as you can.
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Some of the Altcoins are good to invest but most of us are not aware of that if they are good because there is no bull time for them. And the way I see at them they are just going along with bitcoin. So some of the Altcoins are waiting for the next bitcoin bull market. So my humble question is there no bull market for Altcoins? If yes, there is, then when is the expectation and if no why?
Usually, they're first to go on a bull run than Bitcoin. That's what I have noticed on them for the past years when we're approaching for Bitcoin's halving and bull run. But definitely, we tend to see the bull run of Bitcoin and then majority of the alts are following it. For some instances, there are the altcoins that are moving first just as I have said. Looking and knowing for those is unknown. |
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Best wishes of course to your marriage and congratulations for using your Bitcoin investment and profit from it to sustain this memorable wedding of yours. And sure it is more memorable because the hard earned money you've spent from it came from Bitcoin. Enjoy and live a happy marriage life and may both of you partners will be with each other's back til' the end.
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...But it's not odd anymore to see someone out of nowhere asking what he/she should buy for an specific altcoin to make them rich.
That's always the reason why they wanna buy and they're passing the burden to other person but guess what, we don't care at all.
I think that newcomers have an erroneous opinion that forum participants know everything about cryptocurrency and therefore they know exactly which coin will increase in price and which will lose its value. Yeah right. I agree with that. They seem to think that everybody knows what will happen the market whether it's going to be on the rise or on the dump and that's why the questions are the same about getting rich and which coin they should invest. It should take enough time for them to realize that no one can know what will happen in the market if he does not have a crystal ball.
Exactly, I couldn't agree more. |
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Almost all business now is at his own risk, and before a person can achieve some success goals, he must pass through risk for him to achieve what he wants, but some people in terms of trading don't go through the skills of trade for them to acquire much knowledge about; some will just jump in to trade with the amount they cannot afford to lose, and some lack emotional strength, which is not proper.
And those are the people that are having the conclusion that trading is easy and it is for everyone. Honestly, it is not for everyone to do because you'll never know if it's going to be working for you and if you're not good in decisions and analysis, you know where it is heading. Sometimes strength comes from gently letting go of what you most want to hold onto.
Strength comes from experience and it's up to you if you're going to apply that to your next trades. |
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I was wrong on an specific AI coin because I was brought by the hype. I knew it that I shouldn't be like that whenever there are new trends in the market.
I have bought it at the launching price and thought that it will pump as much as it can because of how the mass media have been publishing articles a lot of it and have seen people talk about it.
Yeah, I was an idiot and basically won't happen again and I won't mention that AI coin that I've bought but I guess most of you have got an idea what it is.
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Although I don't like this coin, it looks like it has been built already and there's the stability that it has got. With that status on the market, it's likely to stay for long.
If you want to buy it and got some plans of owning for a long time. I advise you to keep updated and read a lot of things about it because if you don't do so, you're holding something you don't know and that's not recommended.
And as I have said with this status, it's unlikely to go with a lower rank on this market unless some big negative news comes out.
this coin has been climbing up smoothly from the very bottom but if we see from the longer time frame its still so far from all time high. just like any other coin basically so I think i agree that this coin might just grow from here on even better when bullish market settles in. the only thing that holding me back from investing in cardano though, it seems overshadowed by some other altcoin, even newer ones, right now i've never heard anyone investing in cardano that often anymore. more and more people just prefer newly emerging coin and just stick with that, the old smart contract coins might be having hard time this bullrun around in increasing its own value. There are other coins that seem to be better from it but even with that, we see that once a coin has been stable and has got the back from its people, no matter what new features from these new projects has. They won't just abandon the project. thats why I guess i would still try to invest where the money flows in, basically all these new emerging blockchains that propose newer technology.
They propose new technology where in fact that there's nothing really new from most of them. They are just like bunch of new projects with new names but the same purpose from the older ones. |
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Although I don't like this coin, it looks like it has been built already and there's the stability that it has got. With that status on the market, it's likely to stay for long.
If you want to buy it and got some plans of owning for a long time. I advise you to keep updated and read a lot of things about it because if you don't do so, you're holding something you don't know and that's not recommended.
And as I have said with this status, it's unlikely to go with a lower rank on this market unless some big negative news comes out.
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Usually, they should just for those type of use like arts and those stuff. But the makers of it have made it as if they're for all applications and I think it has got too much from there. Yeah, they can last forever but what will be the value? memorabilia?
There are several points that make NFT have value. 1. Art value (this usually applies to NFTs backed by physical art, photography). 2. Utility value (this is usually found in special NFTs such as NFT Pass (hold the NFT to join the service)). 3. Artist, this is still related to point 1, who made the NFT, and its value will increase because the NFT was created by someone who is an expert in making digital and physical art. 4. Earning, I don't think this needs to be explained. You definitely understand this point. No doubt with those art values that have been minted as a limited edition and it's gonna be more valuable if they're from a world renowned artist. Even though NFT memes seem to have no value, most of these memes are used as NFT Passes or earn a tokens. However, not all NFTs have value like this, a lot of NFTs are generally the same as meme tokens or sh*t token/coins, which have no utility and are then simply abandoned, so the holder doesn't get anything.
NFA/DYOR/DWYOR
Yeah, you're right. I have seen people boasts their profits having those type of NFT memes that have earned them a token and traded it and made money out of it. |
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...You'll always see people that are like that. They've got their very reasons why they don't want to invest in Bitcoin because they think that bigger opportunities are on the alts.
And look, all they think is about being rich. ..
But nevertheless it is so. And I think that most traders earned their capital by trading altcoins, which even now in a few days brought them a profit equal to the amount they invested. And having received a profit from altcoin trading, they can invest it in Bitcoin or spend it to meet their needs. I agree, that many of the traders earn from trading altcoins and wherever they spend their capital and profit, it doesn't matter. But it's not odd anymore to see someone out of nowhere asking what he/she should buy for an specific altcoin to make them rich. That's always the reason why they wanna buy and they're passing the burden to other person but guess what, we don't care at all. well sometime with limited capital there's no option to get the chance of truly becoming rich other than investing in low market capitalization coin, lets be frank here, imagine if you only have $1k to invest, meanwhile the current price of bitcoin is around $35k, that means if you invest all your capital to bitcoin, and everytime bitcoin made an increase, you only get 1/35 supposed profit which isn't really much, moreover double the value of bitcoin requires long time and massive capital considering how large the overall market capital of bitcoin is, different with altcoin which are starting from the very bottom making the price doubling even tripling not uncommon.
i'd argue that the main motivation that makes many people so eager to invest in altcoin.
Although I have seen some investors that got lucky with the less that they have, they made amazing money. But it is true that if you don't have that much capital, you won't become rich unless you become lucky with coins like meme coins and they skyrocketed and then dump. And with that pump, you are one of the luckiest people to ride it. |
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They didn't stumbled a bit but they actually have fallen and there seems to be no coming back for the majority of them. Even the Bored Ape NFTs have fell greatly. nfts have a lot of purposes and a lot of different kinds of people have access to nfts there are traders and the artists so it might look like nfts are not of great value right now but i believe it will stick in the long run
Usually, they should just for those type of use like arts and those stuff. But the makers of it have made it as if they're for all applications and I think it has got too much from there. Yeah, they can last forever but what will be the value? memorabilia? |
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So all the altcoins investors are also waiting for the bitcoin ATH to sell their Altcoins.
That's true because whenever bitcoin is up, most of the alts are also going up. But for some altcoins, they don't do it and don't have to wait for bitcoin to go up. And it is not only those two that the op mentioned are the altcoins that one can invest or have the highest profit. Litecoin is also there.
The oldies but are still existing with good communities that are still working together to make the project continue to exist. Litecoin is a good one but I prefer it these days for transfers only. |
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you’ve read that bitcoin has good future prospects and then decide to ask for altcoins? i suggest sticking to bitcoin right now especially because of the reasons you mentioned
altcoins movement might be too hard to predict you really won’t know which values’ will rise if you really want to invest in altcoins then learn how to study the market and possible indicators of value increase/decrease
You'll always see people that are like that. They've got their very reasons why they don't want to invest in Bitcoin because they think that bigger opportunities are on the alts. And look, all they think is about being rich. With this mentality, they're likely to be the ones to be a victim of scams when somebody tells them on which they should invest. |
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