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As the crypto market experincing downward prices now, i think it is good to fill out the bags and buy some coins that has a good potential to have rising price in the long run or good for long term holdings, but the type of coins i am referring to are coins that are on top, not the new coins since we might know it could not give us a profit even after the market down. So fill your bags now for only top coins for future investments.
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In my own thought, yes it is possible for any top coin to be the king of all coins because in the first place BNB coin is one of the top coins in cryoto market, and if bitcoin looses it's value in the future maybe it will exceed it's potential, and also ethereum looses it's value, then the BNB coin would be at the peak top coin in cryptocurrency recognizing it as the king of all coins. But for now it's hard to think that it would become to it, however in the future it might have the chance.
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It depends upon the type of project i think. Because investment nowadays are very risky, so you have to double check first what are you joining, if it is going to be successful or not, or if the project has a trajectory and visions, also you have yo check the teams if they are not scam or involved on any fraud projects. If the project has the good hype and have trusted team members, it's ok to join and be part of that project.
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Bsc network is the new and common alternative for investors and traders to transact with, since ethereum network has a high gas fee for their every transaction several investors turn into bsc network. However if the bnb takes pace like ethereum such that it's price turn high, also it would turn out to have a high transaction fees as well in the future for sure. For me, if you use ethereum network, transact with the times that gas fees turn back to normal, it's about the good timing.
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It's hard to say that one new token is promising, but i think do your own research is the best key to find a good new alts. However it is also risky since new alts have so many in the market and several of those just went doomed and unsuccessful for their platforms. Some also shows good performance at the first and have the hype but in the long run it would just also fall down, maybe it's risky to invest in new alts but it is so good to try some whenever it would be successful in the future ao you're gonna be lucky one.
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Proof of Authentication Post Bitcointalk Username: vermigerous Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1978770Telegram Username: @vermigerous13 Campaign Category Participated: signature & facebook BSC Wallet Address: 0xA4dA345aa4Dd54f9D35Ed95462E003e9E61fbbAc |
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Definitely it is, speaking of trustable yes because it's one of the coin that has the ability of stable in such fluctuation activity of the crypto market. If you have invest in some different coin, you can transfer or convert it to USDT when times that your coin would decrease continuously and play safe for a possibility of lost profit. That's the help of USDT as a stable coin.
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It is because Ethereum network got famous nowadays and Ethereum coin has the most growing altcoin in crypto market and has the most volume. Unlike when it price is just under 300 usd, the gas fee ranged from 0.3 usd up to 1 usd, but now as the demand grows for ethereum network, the gas fee takes a high paying price, and then many investors and traders transfers from ethereum network to binance smart chain because of BSC network has only low gas fee for a transaction.
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Although Ethereum network has improved and it's price really takes a high peak, we should expect it's ethereum gas fee to reach high also, but not quite for long time, i think there would come times it goes down its gas fee and we just have to wait for the good timing to have a lower gas fee for ethereum transactions.
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I think it's like an upgrade of ethereum network and many crypto experts says this would gonna be very good in this time of crypto market, some says it could go bigger and bigger than all crypto and it is going to be a huge area in the future and it's likely now in the present as we can see it's good progress and development.
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I'm afraid that BNB gas fees would turn out like ethereum gas fees. Several investors and traders and even new projects change their flatforms from ethereum network into binance smart chain just to adjust from ethereum's network transaction fees. It's sad because whenever a flatform become famous and had growth, it's gas fees also increases. Maybe there would be a solution for this in the near future.
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Recently, Ethereum network has a big transaction fees in their flatforms, however the safe and good way i think is to refrain to transact within huge gas fees on erc20 network, we just have to wait like now that the gas fee would be low and less than a dollar. If you make transactions within gas fees so high, definitely you wouldn't get good income and profit since the it's high to pay every transactions.
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It is clearly that it only follows only the trend and not to further research about the project. Many would've seem fall into this trap and most of the token scam nowadays are just like this hype. Risks is always part of the investment scheme however we should double our standards and choose wisely when it comes to crypto investments. Crypto isn't always an easyoney scheme, hardwork and patience to take the risk are fundamental.
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I think 1k usd isn't hard enough for binance coin to catch up, maybe it exceeds greater than 1k usd by the 1st quarter of the next year possibly, aince it's current price is half way through the 1k usd target. Binance coin is potentially could reach that 1k mark even for a short period if time, hiwever never leave the factor that fluctuation sometimes occurs and still possible also to drop it's price.
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