As we can see this is a very old post. This post is made when ethereum is new to the market. I know many people in that timebfont belive in ethereum as long as they also don't belive that this market can go this long. But ethereum proved its potential and now it holds a big market. And at this moment ethereum is the biggest platform based token, it hold second position for a long time right after bitcoin. And day by day it's growing more. And I think ethereum had a great future. That's it.
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Yeah, it's absolutely right. It's not just in the cryptocurrency filed. In any field it's not very easy to make money. For earning money you need to have some experience and some knowledge about the work you are doing. In this market many new comers enter and they try to make money or profit without any knowledge or experience. And most of them end up in loss or in scams. So I would say if you really earn or make profit in this filed better gain some knowledge first before go further.
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This maket is full of volatility and risks. So where ever you invest there is risk. If you are new I would suggest that don't go with new coins cause the new coins are more risky. And if you don't have knowledge about the market then you will end in great loss. If you are new try to stick with big largecap coins. And inbthe mean time try to learn about the market and then go for new coins. If you know about this market you can invest your money anywhere and you will make profit.
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Bitcoin is in a good run. And for that many altcoins ate in red candle. The market sentiment is with bitcoin now that's why BTC dominance touched almost 70%. People are go with bitcoin more than other alts. After that if btc stable for sometimes we could see a altcoin march. So if you invest in right altcoins you could gain big profits. But for that you have to do right investment and BTC have to stable. That's it.
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Yes it is. Without bitcoin all the coin in the market is altcoin. And many of them are in this market for a long time and many of them are with big marketcap. I know there are lots of altcoin available. And most of them are very risky. But with proper knowledge you can make good amount of profit from those. But if you are new to this market then I will suggest you to not invest in risky altcoins. You could loss all your money. So better gain some knowledge before any kind of investment.
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I think both of them. At this moment ethereum is the biggest platform based token. And it has a huge marketcap. It also has a big supporter base and dev base. In the other hand bnb is not just a exchange token now. It has its own chain own dec and binance push it further. And as a investment both of them are really good in my opinion. And I don't think for me there any trust factor work. For me both of them are very reputated and trusted. That's it.
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I think at this moment ieos are far better than icos. There was a time when icos was very popular. But for many reasons people lost interest in the icos. One of the biggest reason was scam projects. A lots of projects collected money from people band then suddenly disappeared. So people are afraid to invest. After few months the new kind of investment came to the market and thats ieos. The best thing about ieos is the risknfactor is less. If a good exchange offer ieo that means the chance of being scammed is very less. That's why not think ieos are better.
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Telegram is a free messaging application. So almost every project have their own telegram channel. Whatever it is active or not every project have one. Fir most of the project they want to communicate with the followers. And telegram and twitter is the best place to execute the process. Most of the good projects are normally have an active telegram group. But many scam projects also do the same. So it's hard to define any projects by it's active on telegram or not. I would say it's a good factor to watch but always check other perimeter to check a project is legit or not.
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Eth gas fees is going very high. And day by day it's growing more. That's a big problem. One year back ethereum gad fees was higher than many platform based token. But last few months it's skyrocketing. After many definitely based projects and dex come to ethereum Cain the chain become more populated. And now we have to pay high amount for that. In the market there are lots of chain available and some of them are technically better than ethereum and some of them are free. But still people and devs like ethereum so they don't hesitate to use ethereum.
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Yeah there are many people in this market who think some coins can beat ethereum. Maybe theres a chance. But if you ask me it's impossible. At this moment ethereum is the most popular and most used platform based token. And it also has a very big marketcap. Also it has a very big community and dev support. So at this moment it's very tough for anybcrypto to cross ethereum. That's it.
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For me both of them are good for investment. At this moment ethereum is the most popular and most used platform based token. And it has a very big follower and dev base too. So etheereum was always good for investment and it's still is. In other hand bnb is not just exchange base coin now. Now bnb is used on binance chain, it has a dex now and many more. And I think in future binance will push it further. So for me both of them are very good if someone just see as a investment. I know bnb is kind of centralized but it's trusted also. Now it's upto you.
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If you are new in this market then I would say stay away from this coin. This market is full coins. And many of them are nothing but scam coins or which will end up their journey in development stage. Do i would suggest if you don't understand the market stay away from small coins. But if you know where and what to invest and know about the risk factor you can go with it. Just whatever you do don't invest in some coins cause everyone is talking about it. Do your won research and if you think it's worth investing you should go.
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Yes that's right. In this market a lots of new comers come every moment. And most of them try to invest as soon as possible. They don't want to learn and they think this market is full of profit. So they invest in wrong place and they end up in loses or in scams. Thats why if any new comers want to invest first they should stick with large cap coins. This type of coins are less risky. Though I would suggest that you should learn about the market first then go for any kind of investment.
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This type of comparison is not worthy. In this market there are no alts available which can reach ethereum s space. Ethereum is the most used platform based token with a huge marketcap. It has its own fanbase and dev base. In in profit factors maybe there are alts which can give hard competition but that wouldn't be next ethereum. Cause touching ethereums marketcap is at this point is just impossible for nay alts available in the market.
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A lots of wallets are available in the market at this point of time. Many of them centralized and some of them fully decentralized. I always prefer wallets which are fully decentralized. And normally i go for those wallets which are suggested by the coin or the official wallet. The main basic of the whole blockchain is we have the full ownership of our asset. And centralized wallets are fully opposite of it. Bbut there are many 3rd party centralized software or tools which are very popular in the community. So it's fine in some ways.
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A lots of new crypto projects comes every month. But very few of them survive this market. Most of them end in funding or in development process. If you really interested in this projects first verify them then go for investment. But most of the new projects are very risky. So whatever you are investing there is a chance you could lost them. I would suggest go for big projects. Which have good backup behind them. That's it.
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At this moment of time yes. Ieos are very much popular now. It's also very profitable. There was a time when icos were very popular. Almost everyone wanted to invest in the icos. But for some reasons ieos started to go down. Most of the ics started to scam people and investors. And they also leave the project at the middle way. So people and investors started to avoid icos. And after some time ieos take the market. And it's more secure than icos. The risk factor is very low. So people like it. And if you join in big exchanges ieos the profit margin you will get is very high too.
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I don't think that. It's almost impossible for any crypto to beat ethereum at this moment. Ethereum is the biggest platform based token right now and it has a huge marketcap. In terms of marketcap it right behind the bitcoin for a long time and above all the altcoins. For most of the altcoins to reach the market cap is too hard. And also people like ethereum very much. And the 3rd party dev base is also very strong in the ethereum community. So it's hard for any coin to reach this popularity also.
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