In fact, the guy is right - I participated in the bounty back in 2017 and the best strategy at that time was to sell everything almost immediately. Now I think the situation has not changed much
Everyday new coins are listed in the coinmarketcap, our choice is changing every day. After selling the old one, we could get a new one. But now the situation is different. We shouldn't sell our altcoins because of a huge bullrun in a year. You know what every legit project will pump this year, so dumping the price can't be a good idea. |
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Maybe stable coins can force cryptocurrency to more price drop. But without stable coins, cryptocurrency could be unbalanced. We are seeing that so many new projects are listed in exchange with USDT pairs. USDT is a very old stable coin, and now has more than 5 stable coins. I don't think we need a more stable coin. Without stable coins, people can freeze their portfolio.
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I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
Ethereum supply isn't fixed like Gold, but I'm 100 percent sure that Gold will never be valueless as other currency. I will accept Bitcoin cost, but Transaction per second is very slow. After this problem, Bitcoin can be more valuable than gold, where we don't know the accurate supply of gold. still curious to know what will happen that Bitcoin supply will be finished when we're wasting so much Bitcoin. |
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With this five point, new people who join to crypto space will be able make their losses at minimum but doesn't mean that will make your investment safe and guaranteed profit. Always use your money that you can afford to lose to prevent stress when losing your money on your investment.
Actually, I think new users can't minimize losses because experience must be mandatory there. We all know how to minimize our losses. Still, I can remember when I made very bad projects. You will never learn something where you don't put your time. I'm sure we all know these mistakes, but we couldn't avoid them. |
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USDT for me is not an investment but only as a way to secure the assets that I have, so it's not a big problem for me, but for the past 6 years USDT is still safe and doesn't look a scam
Why we won't trust USDT when it has low cost than Ethereum or other blockchain cost. The main reason I trust this coin is for volume. I think now USDT must be out of topics because we're in the bull market. After this year we can focus on some stable coin like BUSD or DAI coins. |
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In just 11 years of cryptocurrencies existence we've seen a series of shitcoins coming up, making a choice on which coin to hold aside $BTC & $ETH $BET $DOT $ADA & LINK is becoming difficult, how best can I get to know more viable projects like the ones I already have? When will the proliferation of shitcoins in crypto space stop? Who will check mate the proliferation of shitcoins?
As far as I know, so many projects are valuable enough as ANN thread. Every legit project has a good future focus but can't make as their plans. Although now most of the projects view are the same as older projects, including more features and low cost. I focus on big partnerships before ICO or IEO, but later only volume and exchange. |
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If bitcoin has doubled compared to the previous maximum price, ethereum has a chance to grow to $ 2800-3000.
If the demand for coins does not stop, then Ethereum has every chance of reaching these values.
WOW! 2800-3000 is a very high price for Ethereum. Still, Bitcoin won't stop the bullrun until the last quarter of this year 2021. I believe Ethereum could break the last top ATH. The 3000k price is very high for Ethereum. I know Ethereum could surge more than 3k in the last quarter. More time must be needed to show the effect of Ethereum 2.0. |
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I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
You are making points against some cryptocurrency lovers. We all have some favorite coins, we don't accept any bad comments on our favorite coin. I don't support Ripple so much, but Ripple supporters still believe XRP will overcome this problem. Maybe investors are thinking XRP could return high profit after this problem, but smart investors never do that. |
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Most of the ALTs are far below than their ATH. Even from the top 100, top 50 or top 10. Most of them are 10x below, some are more. For example, Nano ia now at around $3.5 which ATH is $37, almost 10x below.
I'm not particularly talking about Nano only. I'm talking about all the top 50 altcoins for example. What do you think? Will they make new ATH or simply get some hype? I have invested some amount on different alts, I'm in good profit but initially I planned to hold for ATH. Now, things are looking different. In my opinion, most of the ALTs will not be able to make a new ATH this time. Share your opinion.
Just do research on the last bull market. Altcoins season never came for a long time. I believe you did right, so my advice is to hold your altcoins. Nano is a top coin, but some altcoins season will come at the end of bullrun time. But of course, the upcoming bullrun overcame the bullrun. Now again, people are interested in altcoins, so wait until the next ATH. |
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What do people think? Is it better to invest, say, 100 dollars in ether or bitcoin?
Altcoins are following the Bitcoin surge, which means Bitcoin takes the lead. Altcoins are just pumping as Bitcoin. Bitcoin is on correction time when some altcoins are making bubbles. We can predict that Bitcoin will cross 50k soon, but then Ethereum and altcoins will pump. Now Bitcoin is safer than Ethereum blockchain. |
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I used to use USD tether all the time and still using it for trading purposes and liquidity purpose but recently we have seen a FUD or may be truth that SEC may have issue against them although they clarified that they are running it under registered business etc etc. Is tether risky from that purpose? Even if SEC warrant something like XRP, what will happen to Tether?
What about another alternative stablecoin?
Tether coins have a lot of opportunities, but their coins are mixed with so much bad news. If I find any problem with the Tether coin, then I will trust DAI or Binance USD. Now so many traders are using USDT for its cost and TPS. TRC-20 USDT coin is helping us to free trade, although so many centralized exchanges still set the high transaction cost. |
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Actually, we shouldn't believe in these types of statements. When cryptocurrency is running low and average, scam people take the opportunity. We don't share our experience then why we would share our opportunities. No one will share the best opportunity, so only scam people can do it and only greedy investors are stuck in this trap.
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Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
What I believe, everything can be shut down. I trust USDT coins to freeze my money. I rarely use DAI stable coins. USDT is a very old coin. That's why I trust this coin. Recently I've been using USDT TRC-20 coins, because it's free to make transactions and faster than eos or ETH coins. But secondary options always help us to stay safe. |
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Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.
2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.
3. Big marketcap tokens next. Usually top 20 on CMC.
4. Then full blown Alt season.
You mentioned what is happening in cryptocurrency history. You should know that altcoins always provided the biggest rewards in the average market like last year. What I meant, hold your altcoins from now on to gain the best benefits. I saw that altcoins season is always staying short, don't follow this pump trend. |
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Is it possible for ethereum to be worth 11 trillion in the future?
The Bitcoin pump just started. We will see a huge bull run this year. Trillion USD already reached one time. Just like this situation, we could touch 50k USD in a month. We won't see 100k USD before June-July this year. But I'm sure that Ethereum couldn't reach 100k USD before completing the next bullrun. We don't have accurate supply information about Ethereum. |
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After the Ethereum blockchain transaction problem, I'm using Tron blockchain. Tron blockchain is fast enough even without any transaction cost. Monero gold is good and faster, but of some limitations, it can't beat Bitcoin. Ethereum 2.0 is already launched which must be faster and at a low cost. Tron USDT transaction cost is zero, even from exchange to exchange.
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Youengine tokens volume is still thousands of dollars, how can this tokens price be a stable rate? The Liquidity pool is still in zero for some exchanges. Without volume, we saw that several exchanges got listed in the top list of coinmarketcap. I have the best exchange that price must be pumped after finishing all of these bounty tokens.
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I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
Paper money has some limited value. Never increased the value of paper money but could be decrease because you needed product value will be increased. Bitcoin investment will be a risk fee because big holders aren't available. Only a few years ago, Bitcoin was compared to gold, now much more profitable than gold so next could be gem. |
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