As we all know we face so many circumstances in 2020, that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
Indeed, the circumstances of this year have affected many industries, and unfortunately in a bad way. But no matter how strange it may sound, this is what made it possible this year, and I am sure in the next, to grow the crypto market. You must remember that in order for more money to arrive in one place, it must go elsewhere. This is what we are seeing now, the cryptocurrency market is growing, industry and other industries are declining. So this is a chance for many in the crypto community to make money on cryptocurrency right now. |
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We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.
Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.
Well, everything is obvious here. When a particular cryptocurrency has success, everyone tries to repeat it, or at least declare it. Another question is if there is a real possibility of achieving the goal in these statements and desires, this plays a big role. To understand this, you need to understand what this or that cryptocurrency means and why it was created. I don't think BTC was created so that everyone could create their own BTC, the same goes for ETH. You write about BNB, but BNB has a completely different purpose and is in no way similar to ETH. Of course, you can believe in a miracle, but as we know, miracles do not happen in reality. If you want to see another cryptocurrency as successful as BTC or ETH, then come up with something new and more in demand. |
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I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
There really is such a problem. Unfortunately, such factors hinder the development of the crypto industry and alienate investors. On the other hand, the crypto market is still too young to have established rules around the world. I would say that the crypto industry is a big startup that is going through a development and formation stage at the moment. Based on this, we can conclude that the entire industry may experience a number of problems until official recognition occurs. |
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Are you getting prepared for a new altcoin season already or you still thinking that altcoins aren't going to start pumping soon? Well there is 90% chance that altcoins will starts bullish trend after bitcoin does it's thing to a new ATH, whales also have a role to play here too so here are best top altcoins I believe are good enough to ride the altcoin season
1. Ethereum
2. ChainLink
3. Bnb token
4. Polkadot
I am sure that the entire crypto community is waiting for the altcoin season and you are right that it should begin just about. Why is this so? The fact is that this has already happened several times and will be in this one. In order to raise prices, large players first bring the BTC price up, then at the expense of the proceeds they push altcoins, but not all, but only those that, in their opinion, have a perspective or just what they themselves have chosen. Unfortunately, not all altcoins and other crypto assets await this, but if you make the right choice, then there is an opportunity to make good money. Let's hope that we all made the right choice and bought exactly those altcoins. Good luck to everyone. |
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No where in the world is currently safe from Cov-19 and there is lockdown in every country today, this is the best time to gain people's trust, online job seeking have increased through Google search and new people are getting into crypto investment, what is the best time to release your project if it's not now?
Although the situation in the world is difficult, but you are right, now is a great time both to launch your project and to make money on cryptocurrency. It is worth noting that with the outbreak of the pandemic, many people have lost their jobs or are working remotely. This provides an opportunity for many to learn more about cryptocurrencies and blockchain technology, and also to join the crypto community. For new projects, this is also an excellent opportunity to gain success, as there are more and more people willing to invest in cryptocurrency every day. so now, despite all the bad things in the world, there are also good opportunities that are definitely worth taking advantage of. |
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What are some of your favorite long term HODL coins?
I particularly have these in my portfolio for HODL:
Bitcoin
Ethereum
Cardano
Tron
Still trying to figure out the fifth one to hold for a long term good return.
Your favorite coins with a bright forseeable future?
Since I am a beginner crypto investor and holder, at the moment my crypto investment portfolio is not so large. At the moment I hold such crypto assets as BTC, ETH and LTC. And also some tokens of new crypto platforms, which in my opinion deserve attention. BUX token, new crypto exchange Buytex, YOUC token of Youengine platform, and TCR coin of TecraCoin platform. At the moment, these are the crypto assets that I hold and expect good growth from them. Of course, there are a number of other promising crypto assets for investment and earnings on them, but unfortunately, there are not always free funds to buy them. |
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If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
As far as I know, each of us wants the crypto industry to develop and, as a result, cryptocurrencies would be accepted at the official level. But how do you do this when there are no new crypto projects? I am sure that in no way, moreover, due to new crypto projects, crypto is getting better, and new people are coming with new money. The fact that there are failed projects or even fraudulent projects suggests that this direction is in demand and it is imperceptibly very good. But if demand falls, then everything can come to an end. You don't want that, do you? |
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In my studies, I've come to understand that ICO and IPO are very similar, as they are fundraising strategies for startups.
Here are the areas of differences.
1. ICO are mostly for crypto and Blockchain backed new startups, who need funds to build their businesses, while IPO are for companies that have track performance, that want to raise funds to scale operations.
2. ICO is like crowd funding, which has less regulation, but IPO are heavily regulated.
Here is what I want us to discuss.
Since ICO investment is very risky as it depends the new startup whitepaper and the token, how did we know Ethereum would become successful through it ICO?
If Ethereum is to start afresh and do an ICO, why will you invest?
If the question is why we are investing, then the answer is obvious, everyone wants to make money. As for Ethereum, I see no reason to doubt this cryptocurrency, at least at the moment. Should I go to ICO on Ethereum? I think it's worth it if this ICO looks good and attractive. Why should we abandon this? I see that thanks to crypto projects on Ethereum, the crypto industry is developing and showing new results. Isn't that what we all want? |
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There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..
I have also seen different crypto projects in four years, both with closed teams and open ones. To some extent, you are right that there is no difference in this, the main thing is that there is a result, but on the other hand, when you know the team, then you can understand what kind of people they are and what they are capable of. This makes it possible to learn more about the project and make the right choice. Again, if the project turns out to be fraudulent and the team was open there, that is, to whom to present claims and try to compensate for the losses, and if the team is hidden, then you have lost everything forever. |
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So what's the best coin to buy a cup of Coffee with? Transaction cost must not be expensive and the transaction must complete before the Coffee gets cold...  In order to use cryptocurrency to buy a cup of coffee, indeed, this cryptocurrency must have a fast transaction speed, I would say instantaneous. However, this is not one important condition, there are others. Also, this cryptocurrency should be demanded and accepted by the community, as well as by a number of states where it could be used to pay for goods and services. Based on this, I still find it difficult to give an exact answer to this question and will continue to monitor the development of the crypto industry. |
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What if, for example - like after that twitter hack - the President wakes up (in a bad mood) and decides with an executive order to make all crypto illegal in the USA?
Of course this probably will never happen in today's world, as the there is big money is invested into crypto currencies; but do you ever think that it is even remotely possible...
Or the next elected president is so "old school" and decides that crypto needs to go?
I don't mean only America, what about in your country; do think that a future ban on crypto currencies is ever possible in your country?
In our time, anything can happen. Perhaps cryptocurrencies will be blocked, and possibly on the turnover they will be legalized. However, I don't think there is any need to fear that cryptocurrencies will be banned. To understand this, remember how you were a Jew before the advent of cryptocurrencies, and then you will understand that you do not need to be afraid of anything, just a lot does not depend on us. But if we return to cryptocurrencies, then I see that a lot of money is pouring into this asset and it is unlikely, in any case, cryptocurrencies will be blocked in the near future, on the contrary, there is a likelihood of the appearance of state cryptocurrencies. |
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I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
I don't think they suddenly started using ETH less, just a turnover. The growth of commissions shows that projects of the Ethereum network have become in great demand and this is in no way similar to what you write. At the expense of other platforms that they can take the place of ETH, well, let them try, because this conversation has been going on for several years, but Ethereum, as a leader, remains so. You need to understand that Ethereum is not just a cryptocurrency, it is a whole ecosystem with a developed infrastructure, as well as a great demand. |
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Are we getting better now after 10 years, after ten years there are still hacking going on, there are still many scam projects and the market is still volatile but on the lighter side the adoption is progressive, the market always recovers from any situation, and there are good project coming in.
You know, I always believe in the best, and this time I believe that we and the crypto market will become better. But I would like to clarify that it will not be possible to fix all the problems, since they will always be. The main thing here is to learn from mistakes and draw the right conclusions. As for scammers, they will always be there as well, but more and more people will begin to distinguish good projects from fraudulent ones and this will make us better and more successful. |
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