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It's possible that Elon has big plans for the coin for the development of his business, with Elon's entry into Crypto certainly having a strong enough impact when he makes a statment so that the possibility of Elon entering Doge will also have a big breakthrough in it, we'll see what will happen happened to Dego in the next few years.
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If you look at the development of bitcoin from year to year it is experiencing quite good development. But when you ask if bitcoin can replace fiat money for daily transaction payments.
I guess that's not possible for now because some countries also haven't allowed bitcoin as a payment currency.
But everything can change at any time due to the development of increasingly sophisticated technology that makes everyone have to follow it.
yes, it may be true if the presence of cryptoqurrency or Bitcoin is fully welcomed by every government around the world then bitcoin can replace fiat one day. and as i know that satoshi created bitcoin with the same purpose, which is dedicated as a transaction tool like dollar currency for the future era. |
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Honestly, I personally also follow the latest updates about Influencers like ElonMusk and I think most crypto fans and investors also take advantage of the Hype from Elonmusk. for me this will not be a problem, the main thing is not to fully trust it and don't forget to research it again before putting money into crypto or other hype projects.
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No doubt that there is high amount of risk investing in new altcoins most of them are not legit with no specific targets the main aim is just to make huge profits and run away .It is much better to invest in older coins they may not be as profitable as the new ones but are more safer.
yes, maybe what you mean about old coins is not that it is unprofitable for investment, but rather to minimize the risk of loss if investing with old coins or top coins in the crypto market. as I know it is true that investing in new coins is very risky. for me personally I recommend top coins like BTC, ethereum, binnance and some others depending on your taste too. |
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I prefer to save tron for now for us to save in the long term, maybe if asked what is the basis for holding tron if we pull back ATH occurs in 2018 and 4 years after ATH will occur in 2022 and I remain optimistic on tron coins could reach the next ATH next year, but still DYOR
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Well, when I make transactions or transfer assets from several exchanges, of course I will think about the cheapest and fastest fees in conducting transactions so that the costs we incur are quite small, and of course I also often use tron to make transactions there because the fees are low compared with others but still each chain has its own character and not everyone here also only uses 1 chain to make transactions.
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The question is where did you get the coins from? if you buy it in the market at a very cheap price of course now you can take profit then you can start buying it again when the price is corrected or if you still believe in the token then you can enter on several platforms to enter tokens in the staking platform so that you don't only hold tokens but you can take profit every month by staking tokens.
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Of course there are many coins that are very promising for us to hold in the long term such as eth, doge, bnb and other coins that have a pretty good coin development, so if we want to hold coins for a long time of course we have them. you are required to be really careful in doing this. enough analysis so that once we hold the coin, its development will continue to increase from year to year.
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I also feel when we make transactions on DEX one of them was Uniswap at that time I had a token with a value of 200$ but I had to pay a fee of more than 50$ to be able to swap on the platform of course it was a very high cost while the token only existed on the platform, but now the eth fee has started low enough that it's cheaper now than it was then and maybe the best way is to switch platforms to BSC which currently provides a fairly cheap fee and the transaction speed is quite fast
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Sometimes we are interested in the token booster when we want to enter the LP, but if we choose the wrong altcoin, of course all of our assets can be lost without the nominal listed when the LP has been opened, so we better re-examine the token with some tools available on the web as well as some of the websites that have been mentioned in this thread, of course it is very helpful for those of us who are involved in LP farming.
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Most people don't care about decentralization these days, so they'll invest into any cryptocurrency that will leave them with a lot of money within a short amount of time. Binance Coin, XRP, EOS, and TRON are all centralized cryptocurrencies subject to the negative effects of a single point of failure. Yet, that hasn't stopped people from buying them. Demand is on the rise for such cryptocurrencies, putting the fate of the entire crypto/Blockchain space in jeopardy. At least, there are decentralized alternatives willing to save the day. As long as there's one decentralized cryptocurrency, nothing else matters. Just my opinion  It's true that nowadays people only focus on trading with relatively short profits and they can get a lot of profit, but isn't DEFI now an alternative? and currently I am more interested in 1inch tokens, maybe this token can be a consideration for long-term investment. That's just my opinion because everyone has their own investment system, as mentioned above. |
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#PROOF OF REGISTRATION
Bitcointalk Username: Magnum Cyber
Telegram Username: @magnumbit
Participated Campaigns: Signature
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I just suggest to be more vigilant, if you are a loyal follower of Elon Musk then you should always monitor his activities on his personal Twitter social media. After Doge went crazy, now Elon Musk switched to bitcoin. And the Bitcoin price increase has been influenced by the Elon Musk and currently Bitcoin is still significant at $ 56k. when bitcoin has peaked then this is a Dilema for you.
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everyone has a different strategy ,but the secrets you say are very accurate. as we know that investing must have researched in advance about the coins you want to invest in, have a target, not be greedy and also not invest in one coin only.
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In the past, many people said that the Polkadot project was a scam, but who would have thought that Polkadot had such great potential, this project came with a surprise, based on Polkadot's volume in the CMC market it is almost comparable to the ETH / ADA. This coin was underrated but in the end a success and no what they thought.
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it still a question mark? Although I can say that it can happen, but it all takes a process and depends on how the team performs in developing the project. Since currently the cost of gas on Ethereum is absurd, people are starting to complain about it. , the Ethereum project team has not been able to solve this problem. and I am a little worried that if ethereum gas costs become more expensive, it is possible that investors will prefer or switch to the Binance Smartchain platform with very low transaction fees.
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investing in crypto is always risky, there is no guarantee your money will be safe. but it depends on the coin you want to invest in. if you choose the top coins, especially in the top 10 list on CMC, at least you can minimize the risk of loss. but if you're ready to take the plunge, you can take short-term profits on the top Defi project of your choice. but a little advice not to spend all of your money on crypto investing.
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If you want to take profits in the short term or long term, let alone see a very good market situation, then you can invest your money only in the top coins to minimize risk and also get a commensurate profit. enough with just BTC and ETH. both of these cryptoqurrencies are very profitable for investment.
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Ethereum price is higher than that of gold now.
Ethereum has a large market cap than gold.
Ethereum is overtaking gold in all ways
I'm so confused to explain your question. but I will just tell the important point bro.  Gold and Ethereum are different, gold is a traditional investment and in the form of tangible assets ,while ethereum is a type of digital currency asset, it is invisible, does not have a form like gold. and to compare related to gold and ethereum prices. the value of gold increases every year and the price of ethereum "digital assets others" can increase at any time. |
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Defi is, in principle, a promising undertaking, but it is no longer talked about as much as before. In pursuit for income, you can stop controlling the situation. Therefore, you should not invest all your funds in Defi.
Agree this, just spare some of your investment to this DeFi things, market on this DeFi become irrational sometimes. In my group, some of the people are do random trading on Dex and doesnt matter the high gas fee hurt them in hope they will got surprise airdrop from a DeFi project in the future, its crazy. maybe they try their luck with a random Defi project. actually there is nothing wrong with it because they are the ones who decide, they must also be prepared to accept every risk as well. but I completely agree with you guys not to spend money just to invest in the Defi project. |
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