The op have a good point it terms of investment. But you will never experience the thing that you hold a crypto gold like bitcoin for another long term starting this coming new ath, Some rumors said that bitcoin are going to 80k$ next year and I'm afraid to believe in them, But think again if you're investor for a long run. So its okay to be a greed if you have a dream. I don't want to encourage them to think short term profits and run away.
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Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
I afraid to see the bitcoin price was skyrocketing. I was imagined the price when it came to crash again. So for me I prepared to invest in cryptocurrency while market are so bullish like bitcoin. Find a good coin that can stored for long term.
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Proof of Joined Bitcointalk username: SabrinaBianka Campaign to Apply: Article Campaign
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Proof of Authentication Forum name: SabrinaBianka Forum Rank: Member Telegram username: @SabrinaBianka Free TON Forum username: SabrinaBianka TON Surf Address: 0:00f9ae245e28303fe6d552abbc3cb22d7a39406b7959a98d5276c07068477853 Wear Appropriate Signature: Y Wear Personal Text: Y Wear Avatar: N
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Just saw Beniamin Mincu's twitter account and read Elrond Delegation update. So far, there are 1.1M EGLD delegated which, roughly translates to around $8.8M this is huge. Would be fun to see how many will be delegated by the end of the week.
I wondered that all of the circulating supply will be on delegates all soon. So every participants deserves their rewards and instead of selling just delegates again all the rewards. Good for investment plan! Other can't understand the beautiful of the infrastructure of elrond. I bet all in for the future of my son and daughter.
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Not to mention the staking returns. Awesome project.
Staking rewards for delegation is 29% APR, and they have queue portion to reserve the newly stake member. They open the queue portion later, first 1M Egld for queue will have spot if some recent participant undelegate they egld. First come for serve basis to get a spot on the delegation, While you are waiting on queue will also receive a 20% every week @4000EGLD will be distributed to all who participated on queue.
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LOL. The main reason Ethereum fee significantly higher because the price of its token and how crowded the network was. Elrond market cap far below ETH don't let me started talking about how Ethereum is currently overflooded with so many transactions by the recent hype. Give elrond as much transaction as ETH and the fee will skyrocket aswell.
You are wrong with your sentiment. Elrond can do 1M TPS if needed on the same gas fee at 0.001$ look at their website to prove to your self. Elrond have a big agendas, that they want to dominate btc eth xrp in the future.
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But I can understand that people are still transacting now despite of the high fee as they are into business, not just good if payment purposes only and though I like your idea promoting elrond gold since it lessened the transaction fee, but how about the adoption? that's the problem...
lets see the adoption if what is the result. There is more than 50 partnerships in the line up. All of them and most of them are defi. Lets wait the progress of this project. On the top of elrond blockchain is developers friendly user.
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In the middle of bullish on crypto space. We are looking on the good blockchain that can help our investments.
Ethereum has almost 6$ gas fee and elrond gold have fix fees at 0.001$ and its very super fast at 263K TPS peak.
The ability of Elrond gold has like scarcity of Bitcoin, fast more than like xrp and very useful blockchain more than like eth.
Eth transaction is very expensive compare to elrond gold. If we have hybrid blockchain like this, what can you choose? Eth for transaction or elrond gold? Explain yours.
Vitalik said its hard to release the eth 2.0 this year and they need more years to develop this technology. Some of rumors said, Vitalik need to copy the source code of elrond gold because its open source that can easily to do. What do you think? Lets start discussion with this blockchain and hybrid blockchain.
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Do you ever know that elrond gold transaction fees are fix and first come first serve transaction? What do you expect if the transaction more than 1M.
But they have solution their 1 shard can be solve 5.4K Tps and its maximum shard is 1.4B shards.
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ?
Honestly, I am not expert about financial advice but I have very potential investment project that you will never lose if you are believer and long term holder, I advice this project also to my friends and relatives last year and they are happy today. And do not worry it is not the end and you are also not late. Buy ERD today and hold for long term min. 2 year I will not disappoint you in the future. Visit their website elrond.com and thank me later when you are rich!
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I've been reading through this forums for the past few weeks and all I see is "this coin is dead" or "everything is a shit coin". Is there any alt coin with potential to invest in or is it only bitcoin?
I have one thing to tell to us if how is it potential the coins are! Here is the fact, We need to look over the target of the project, For example they are making a marketplace and its their own cryptocurrency will be using to make many transaction over and under the marketplace. And you need to see the other side like, If they has also a merchant that will be selling there to their marketplace, We need to see all angles and I'm sure that is so very potential.
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People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
Many of the project is really need some time to develop, Of course they will also need to show the development that is one of the best way of any new project that they wanted to became a successful cryptocurrency or company. Like Elrond, Elrond team has spending their effort and now they are successful after to 2years of development of their project. Many early investor are now rich. And the development still continuing and lot of partnerships increased this year. I am happy now with my small amount of investment. All we need is time and effort.
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