Everyday there are lots of token release in this market. Not all of them are good or worth investing. And this market is full off hype. There was a time when exchange coins started to get hype and every exchange started come with a exchange token. Now a days are same thing happens with defi projects I am not saying all of them are bad or something. But not all of them are worth hyped. So be careful when you invest do some research on the specific projects. That's it.
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In this market everything is possible. Cause this market is very volatile. But reaching ethereum is hard. From every sides if you talk about it's marketcap it is huge. At this moment it is the largest alt. Maybe in few years some alts can touch ethereum but not for now. Same will happen if you see it's popularity. It has a very big follower and dev base. And at this moment it is the biggest platform based token. Its gas fees is very high but people still using ethereum chain. Cause People like it.
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I think this post is very old. At that point of time many people bhave a narrow window to think or even examine the crypto currencies. But those who think crypto will not survive or something most of them regret now. Ethereum grow very much from then. Now ethereum has a huge marketcap with a huge community. And I think in future it will grow more.
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Yes you are right. And I think this post is very use for those who are new to this crypto community. In this community those who are new came and think this market is full of profit they don't want to know how things work here. They just want to put their money to get rich. Butbmost of them end up in scam or in loss. So I would suggest whatever youninvest first invest your time and gather some knowledge and then gi for investment.
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It fully depends on your knowledge. If you are new to this crypto space. Then I would say be careful when you invest in altcoins. I know many altcoins are giving good profit now but if you invest in wrong place then you caoild lose your money. So I would suggest if you are new to this maket watch it learn from it and then invest. And if you know this market you can go with alts. It's fine for you.
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For me it's yes. But it depends on how and when you invest. After Bitcoin all these are altcoins. And many of them are really good. If you know where to invest then altcoin investment are relly good. But if you know which coin to pick then fine. But if you are new to this market then I will say avoid altcoins. And stay with big cap coins. But if you areknownabout the market then you can put your money anywhere.
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Both of them. At this point ethereum is one of the biggest platfrom based token. It has a big very big community to support it. It's fully decentralized and after ethereum 2.0 fully on work I think ethereum will be more popular. in other hand bnb is not just a exchange token now. It has many utilities now. Binance now has a chain and it's supported dex. Everywhere they are pushing bnb. I know there are centralization issue on bnb but still I think it's fine to invest in bnb.
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I don't think so. At this point of time ethereum is one of the top coin available. Itbhas a huge marketcap. At this point it is the most used platform based token. Andbit has a huge supporter base with huge dev base. It has many problems like high gas fees, slow transactions. And in the market many platform bbased token available which is better than ethereum. But still people chose it. So i don't think ethereum will ever be thrown out of its place. That's it.
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Telegram is a free messaging app. And most of the new or old projects wants to communicate with their fans and investors. So there is nothing better than a telegram group. Tg group are very easy to spread and everyone can join. And I think almost all projects whatever that is good or bad have 2 things tg group and Twitter handle. So I think it's hard to judge a projects by tg group is not appropriate. I think we should try other perimeter to judge a project.
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Ethereum gas fees are very high at the moment and day by day it's increasing more. The ethereum fees is always higher than other platform based token. But still people like to use it. But for last few months it's just skyrocketing. The reasons behind this was Normally the defi and ded platforms. And the number of defi s are increasing so the gas price of eth too. But I think after ethereum 2.0 fully implementation the gas fees will be lower than now.
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I don't think that will happen. At this moment ethereum is very big. It is the biggest platfrom based token with huge popularity. It has a very big marketcap. And it has also the biggest number of projects run around it with highest number of 3rd party dev. So it's kind of impossible to ethereum will be dead. And I think in future ethereum will grow very much from now. That's it.
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There are lots of coin which can perform relly well in 2021. I know in the market the hype is a really common thing. And for this hype many themed based coin go very popular and then most of those theme based or sectorial coins started to sink. At this moment defis are in high position but I don't think all of them are gonna stick for long time. Inthink somenhigh cap coins like iota ada will do something in technical aspects I am not talking about price. I also think dot based coins and the ecosystem will grow. They gonna introduce a lots of think. And also some big names will launch some coins.
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No I don't fully relly on their coments or ads or whatever it is. I know social media platforms are are very good for collecting data about anything but when it's comes to promotion as a consumer it would not be a best choice to believe in all. And in the investment sector it's kind of risky. So I would suggest if you saw or know something from someone in social media always do some research on your own first then go for any kind of investment.
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I think this kind of comparison is not too much worthy. At this point ethereum is the biggest platform based token available in the market. It is hugely popular. It has a very huge fanbase and also the biggest 3rd party dev base also. So at this moment uts very hard for any coin to reach that popularity. Technically there are lots of platform available which are better than ethereum atleast in speed and cost matter. But still people chose ethereum over anything. So now you can understand why other tokens can't cross ethereum.
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The market is really in good shape for a long time. After 2017 and early 2018 the market was pretty low for a long time many projects shut down at that time. The iconic market was almost gone. And suddenly in 2020 market started to recover and it's growing really well. Btc and the whole market touched all time highs every day and braking it also. So the market conditions is good. But the no one knows when it fall. We all know the market will not stay forever like this. But at this moment it's hard to predict.
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A lots of new projects comes every day in the market. Most of them are end up being scam or leave the project in half way. Very few of them try to do some good things. You have to cereful if you are thinking to invest in those projects. Those which are scam projects some of them are really hard to recognize. So if you really put your money on new project do some good research before investment.
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This market is full of new and hyped coins every day. If you do some research you could find that icos are hyped one time then ieo comes the exchange coins are hyped one time. Deflationary tokens are the same. Suddenly people started to talk about it and then many decs started to launch this deflationary tokes. For few days it was in hype then people started to lose interest. And now nobody talk about this deflationary tokens. But if you thing that some of the best deft coin have future you can put your money on it.
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I dont think that any coin can beat ethereum at this moment. At now ethereum is the biggest platform based token it has also a very big marketcap. Other than this it also has a huge follower base and 3rd party dev base. In few words people like ethereum very much. In the market there are many platform based token which is technically better than ethereum. But people like then but not as much as they like ethereum. So at this moment it's very hard for any coin to touch that popularity or the marketcap of ethereum.
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