meme coin only good if you invests early, like this meme coin you mentioned it seems you have been late, the devs always bag them at ridiculously low price and then wait until sometime, when the value risen a little bit surely the developers gonna just dump their coin in an instant.
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At the moment, bitcoin is the most promoted of the cryptocurrencies. Most people only know bitcoin. However, the more people come into the cryptocurrency world, the more they learn about altcoins. The information that someone invested $50 in some altcoin and earned, for example, $1,000 also plays a significant role here. As a result, more and more attention is being paid to altcoins.
that's only if things goes well, there are so many altcoins out there that selecting may be hard, so there is also chance of losing even higher than earning, but it can't be denied that altcoin investment sometime are just too good to be missed out honestly.
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I often make memecoins my gamble to generate returns of up to 1,000% and it is insane. I have invested in several memecoins such as Flokky, SHIBA, DOGE, PEPE, Babydoge and Fluffy. As a result I have made a lot of profit there. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fiili.io%2FHrVIk8v.md.png&t=663&c=XRgR6rZtazpwgA) But what needs to be remembered is that memecoin is not an investment instrument. You are wrong if you see them as an investment instrument. Lucky if you get a lot of profit from the memecoin investment. But the risks that will be experienced are also greater. If you enter early maybe it will give you a big profit of up to thousands of percent, but if you enter after the hype has occurred and many people do Fomo, then that will be the start where losses will come. Even though you profit from memecoin, of course you also experience some disadvantages that you haven't mentioned. that's the truth, out of 1 successful meme coin investors, there are other that suffer from losing money. of course those people will be silent, because losing is embarassing, the point being, meme coin is risky and those that losses rarely share their so called experience.
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honestly such capital is considered relatively small, that's why honestly you should choose some coins that's also relatively small in price if you wanna get the most out of it. investing in coins like ethereum isn't really maximizing your investment potential, I guess just invest in newer coins like arbitrum and maybe something like matic, even better newer upcoming coins like zksync.
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I put a lot of trust in BNB and ETH. For me, ETH and BNB are good altcoins to make long-term investments. I looked at what happened to ftx and Luna it seems very unlikely it will happen to ETH and BNB. Therefore, it can be said that altcoins such as BNB and ETH are good choices for long-term investments.
totally different coin altogether, whether from background and how they works, i'm sure your intuition is right, they would never collapse unlike the coin you mentioned above, they are just too good.
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i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.
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I never really like Meme coin, any of them, I just think that those coin has no usability and solve nothing, but looking at the history of Doge it seems like it already proof that some people are crazy enough to invest in a meme coin, so I invest in Doge would a high risk but will also have high return.
you underestimated the amount of people actually investing in meme coin, there are so many people investing in it actually than you might realize, even pepe was having trading volume surpassing bitcoin at some point.
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such common occurrence quite literally happening everywhere else, not only limited to india as many have said. most also consider everything just a fad at the beginning of technology but slowly they show acceptance it just matter of how the technology brings benefits for many.
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honestly luna is done for, anyone thinking it could eventually recover are just wishing something that's good to be true. it's quite literally abandoned project and dying, there's just no future for this coin, other than being manipulated heavily by some whales.
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lots of investors fail simply because of a lack of patience in waiting for the projects they invest to shine, it's true that no one can predict the future, but if your decision is certain to make long-term investments, then never back down, or you will regret and loss, waiting for years is a natural thing
I don't consider waiting for years is natural thing, someone could always rethink about their investment portfolio composition and recompose it again, just invest in some newly emerged project, the results already outdone some of the investment even though it's short term.
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the ARB price is really very strong to stay above $ 1 and this has been going on for 1 month, of course I can speculate that ARB could be $ 5 or even $ 10 in the next bullish, maybe 2024 ARB will be big and the market cap could exceed CRO and even XLM.
it seemed these layer 2 has something that prevents them from having market capitalisation more than those coin with their own blockchain though. arbitrum still seemed to hardly increase its value over the course of few weeks, despite the fact that it's really popular.
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Some of the exchanges I'm familiar with use different rules. There are exchanges that actually check the profits and projects of the coins they will list on their exchanges carefully. There are also those that do not require the completeness of the white paper and listed new high-risk coins by providing a waiver in their ToS.
generally the more stricter the rules of the project that they gonna be listing, the more famous and have huge traffic the exchange is. it's the case with big exchange like binance, they just got the edge to make some complicated rules because they know their worth.
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In my opinion, the golden days of earning big from airdrops are pretty much gone. Nowadays the airdrops are either an enormous hassle or a likely scam. It's rare I get to see an airdrop that's worth the time.
just only airdrop that are generally retroactive that actually worth it, since retroactive itself in nature favour so much someone that uses L2 it's pretty much naturally already make you do the task once you've trying out their ecoystem that's whats worth trying.
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so much money wasted on gas fee alone already making this blockchain unsustaining logically but until now it seems many projects are kept choosing ethereum for some reasons. eth perform better because it's the first ever smart contract based blockchain and huge amount of users still heavily prefer this blockchain.
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shib has been drained of its potential that I doubt it could ever rise again like it was in the past. now is the age of new meme coin and always like that, shib is unlike doge rely more in utility since elon will hardly shill for this coin. therefore the reason they try to make their own blockchain.
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those things mentioned are definitely basic common knowledge that everyone interested in cryptocurrency investment should know. but there are also need to understand that the investing in general isn't just waiting your money to grow, there are risk accompanied that can causes massive lose.
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messing up because of their greed, they invest thinking they would flip their money into millions overnight when things goes wrong, they immediately take a cut loss because of the fear that their money gonna turn into thin air which is logical decision but just means that they truly lost their money.
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Most of Good project Don't cheat with hunters because of their reputation (although some does, i faced such projects). Thats what we all need cause we don’t cake if scam project cheat with us by not giving their token, athough it hurt Being cheated after working hard for them. But its true that number of projects get reduced. Now only signature bounty is profitable where many company pay them with btc, usd, eth. But to get qualified, you need to have higher id ranks with lots of merits
I think right now there are more variant of bounties than ever, the tasks now differ heavily from each other from retroactive, to social media, in which one that wanna participate should actively seeking information.
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I guess it's fine only if the fiat still the primary choice here, maybe use polygon for eliminating the needs for digitalising fiat but eventually convert it back to fiat, after all running a country isn't the same like running a business, it's the lives of millions and the economy of millions depends on you.
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How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
ETH, ADA, XRP, TRON will always be here. going nowhere unless there are incidents like FTX and Luna. indeed they have quite high trading volume so far, so I doubt they will be dead. but doesn't mean they gonna gets abandoned eventually though, many of them are already having next to zero potential so they're not really fitting for investment, after all they could be considered ancient coins.
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