It look like bitcoin is heading to replace the silver marketcap this year. How quickly bitcoin is moving up, no one can't imagine.
This is achievable with the current bull run we are experiencing, if the bull run continues till the end of this year, then bitcoin might just surpass the marketcap of silver by then the price of bitcoin must have risen to $85k+, also looking at the chart the marketcap of gold is really large it might take bitcoin more than 5years+ to be able to beat that, cause it still needs to gain the trust of other large investors not just the current ones, nevertheless anything is possible.
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The title of the post and the thread you made are quite different, seems like you are just trying to shill another shit project (another get rich quick ponzi scheme ) with no good utility, also judging by the tag on your account right now, this project is definitely owned by scammers and you are probably one of them, I wonder why you guys just keep bringing new shit projects with the hope of scamming investors which hardly happens these days.
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I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy That's one heck of a gas fee right there, this is probably a mistake try loading it again, there's no way a transaction can cost that much, the highest gas amount have seen recently is just about $100 not this insane amount $3900, not sure if it's possible for a gas fee to ever go that high, during the day I normally see gas fees at $30+ while at nights it somewhere around $20 to $16,i can't remember when last I saw eth gas fee below $10 after eth crossed $1000.
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#1 BTC provides banking services to the unbanked Millions around the world who cannot qualify for a bank account use BTC to conduct business and make electronic transactions.
I totally agree with this, bitcoin provides a fast and transparent banking service for millions of people around the globe, apart from helping the u banked to use banking service, bitcoin has money electronic transactions much more easy and safer, no need to wait for 2-4 business days before the money u sent wil get to the destination, with bitcoin in a matter of minutes(high priority tx) it will reflect in their wallet, which is great waiting 2-4 business days is no longer the faster way to transfer money online, just like when phone texting was invented and killed written letters. Those who wish to help the poor can donate money to charities or propose government assistance. Bitcoin may yet be another method.
I remembered one time last year when Nigerians were protesting against their government,and the government blocked their fund raising Bank account they switched over and used bitcoin to raise money for food and other stuffs the protesters needed to keep the protest going until their demands are met by the government.
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So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ on its own?
Dogecoin has been around for as long as I can remember, and it didn't pump at all, there was one time it was just like a stablecoin cuz it was stock at 28 sats, the possibility of doge coin hitting the $1 milestone is little with help of big Influencers like Elon Musk cuz the circulating supply of dogecoin is way too much, imagine Elon Musk stops supporting the abandoned project with no utility and large supply, it will be impossible for dogecoin to reach $1 with help of popular experts.
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Are you surprise that Bitcoin reaches $40,000 this early month of the year? I was hoping that April will be a good month for Bitcoin to reach $40,000, but things come too fast, and as of this writing Bitcoin is on the $46,000 and still doing great.
I'm not surprised in anyway, I stopped being surprised after bitcoin broke the 2017 ATH and went straight up till over $25k-$30k,at the moment the price of bitcoin is trading over $55k that's $15k added to the $40k price no one believed, indeed bitcoin isa real gem, i remember before this month I saw alot of forecast saying this month of February would be red for bitcoin, they claimed it was going to retrace badly, but once more bitcoin proved everyone wrong, we might even see $60k this month,maybe .
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So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
Giving out your money to a group of people you haven't met before is very risky, sometimes you might get scammed doing that, so yes, it's very risky to invest your hard earned money on new projects, because they are new people who you have absolutely no idea about so before investing in any new project make you DYOR to avoid getting scammed or investing in a wack project, i think it's best you stick to potential coins that are currently on the market, the likes of bnb, eth, dot etc, if you don't have time for much research.
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as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I woke up to bnb at $320+ which is insanely high, still can't believe I didn't bag any bnb when it was at $18 last year, i think one of the few reasons why it's pumping insanely is because it is owned by the biggest crypto exchange market binance, also with the issues alot of investors are finding in Ethereum transaction fees becoming too high whereas on Binance Smart Chain the transaction fee is less, this has made so many projects along with the investors move from the Ethereum blockchain to binance smart chain, Ethereum team needs to solve this high gas fees issue else bnb will just take its place.
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So my question might be a bit newbish but do you need besides tether in your wallet also ether for paying gas, or in other words you need two?
Yes, as long as the Tether(USDT) is an ERC20 token , it will require a eth in your wallet to cover for the transaction fees, and it's not just Tether(USDT) this is applicable to all ERC20 tokens, or all tokens running on the Ethereum blockchain, i just hope you are aware of the high cost of transaction fees on the Ethereum blockchain, if you can afford paying $25+ per transaction then you are good, but if you can't its best you stay away from eth and ERC20 tokens from now becuz of the transaction fees.
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i have done many jobs and hard earned 16000usd. If i invest on INJ , ETH, DOt or any other potential coin. What is the investment amount or ration that would you all recommended ?
1000$ or 3000$ or 100$ or any other amount?
That's alot money, I think if you want to start investing you should know by now that you shouldn't invest all the money you have on all this coins, you can keep a part of it maybe 25% for back up just incase the coins you invested in don't turn out as you expected, anyway if you still want to use the $16k,you can invest $4k in eth cause it's certainly going to hit $2000 very soon, the rest of them you can simply invest $2k each the likes of bnb, Chainlink, dot, inj,Ada, xrp, don't forget to DYOR before investing .
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Hello friends i have around 200$ in Ethereum. I want to invest for getting some profit. Tell me about your experience. What tokens or coins are best for invest this time.
You have already invested $200 into Ethereum by December which right now its about x2 of the price Ethereum was during December, so that's a good investment cause you should probably be seeing $400 now in your wallet, I just wonder why you still want to go on to invest in another project, anyway here's my advice, pick any of the current top altcoins projects and maybe split the money into four parts and invest in four coins, maybe eth, bnb, dot, Ada.
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When your just an ordinary person and don't have any idea what is bitcoin it's just so difficult to believe especially if you don't have any experience in digital transactions.
This is so true, an average Joe will definitely stay away from something they have no idea about, especially when it's someone who has little or no idea about the internet, such person will be afraid to invest in any online business since it's not a physical establishment which they can see, they would surely feel its a scam since its on the internet. Most of the time like some of my friends that do not believe in bitcoin cannot believe that you can actually earn that kind of profit by just investing in cryptocurrency.
I believe they are not that exposed to things on the internet, that's why they feel online businesses are nothing but scam, becuz of several stories they have heard.
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Are you sad to see the current market situation? YES to ME 1. Seeing insane eth gas costs, Unable to trade small amounts of tokens due to expensive shipping costs. 2. Seeing the increase in the price of BTC reaching the new ATH, I can't do much because I don't have any BTC investments or other coin investments whose prices have gone up. Oh my GOD .. my life is very sad. I hope BTC and ETH prices drop dramatically, amen Almost everyone would be having this regret of not buying bitcoin at the dip last year or not buying it at all, those who bought a few will be also sad that couldn't buy more because they never expected the price to go this high, life is full of alot of regrets, but what can we do since we can't predict or know how the future will look like for a particular coin, so don't bother yourself too much about it, and as for eth and their high gas fees it's really bad that small investors can no longer move their ERC20 tokens or trade on DEX anymore since they can't afford the high gas fees, I just hope this will be corrected real soon.
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In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them. So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund . So how we make altcoin investment safe ?
Theres no way you can be safe as long as you are investing in a new altcoin project, you just have to do a proper research to make sure you are not investing cause without conducting a proper research you will end up send your money to scammers who will run away with it, so my advice is focus on altcoin projects that have already proven to be successful to avoid investing any a new altcoin that might end up becoming a shit token in your wallet.
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Hi , I have never invested for a project , i need to invest for a project and i have an idea to invest on this project - https://curioinvest.com/car/4But i need your opinions about this project ? Is it a Scam project ? Will it be Profitable for me ? I will suggest to find a real world business and not always buy a tokens that promise a product. This is accurate, everyone are just busy buying tokens and forget to invest in the real world, I guess maybe it's because in the real world you can't double your capital as fast as a token can, cause in the real world it will take alot of time to be able to establish a business or a brand before you can start earning profits, it seems cryptocurrencies are the only investment giving quick returns in a short amount of time, maybe that's why most people see cryptocurrency as an investment and nothing more.
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If a crypto project gets too complicated to understand can it affect the projects adoption rate?
If a project's plans seem complicated, it will definitely affect the rate of adoption(just like your example with HEX) or for a new projects it will affect the rate of new investors coming in, nowadays people don't want to spend time reading 100+ pages on the white paper before investing in any project, they just want quick profits, I can't blame them most projects after all the promises they make on the whitepaper they end up not accomplishing or fulfilling them.
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You could make some insane profits from trading in a short period of time time in still that short period of time you could lose all your asset, in trading you will take alot of time to look at the market chart and wait till you see a trading setup you recognize before you can buy, it's requires alot of knowledge about T. A and F.A before buying, while in investing you just have to DYOR before buying the dip then hold on the coin till it eventually moons,so it's up to you to pick which of them suits you well enough to earn you profits.
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