Can someone please share me the best exchange to claim free Ethereum forks? I am used to binance only but rumour has it that when it comes to fork binance takes too much time, sometimes up to a week or two, any other exchange that supports this fork?
Binance does support a possible fork, but does not promise listing of a new coin on the exchange. The fork and listing of ETH PoW is currently supported by exchanges such as Poloniex, Huobi, Gate, Bitmex, OKX and Mexc. This list is not final and it is possible that other exchanges will be added to it before the merger. |
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After so many network failures that occurred in 2022, it is difficult to believe that solana can become an "ethereum killer", as it was previously declared. Nevertheless, it is impossible to deny the fact that the transaction speed and low fees on the network exceed the Ethereum indicators.
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it is better to sell, because indeed it will keep you away from price volatility,
indeed we cannot see the future for sure, but from its history in crypto currency "buy when the rumors, sell when news arrives",
this is what make why I recommend selling it, this has often happened in the world of cryptocurrencies, so don't be too greedy
If you follow such a strategy as selling on the news, then it should have been done when the price of ETH was at $2000. Now the price is not so attractive for sale, and even more so, if you sell ETH, you will deprive yourself of the opportunity to get free ETHW. |
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If you are an ETH holder, then you will get a great opportunity to get an ETHW coin for free, after the hard fork that should occur after the merger. Many will specifically buy ETH for this, as a result of which the price will increase. But we must remember that after the hard fork occurs, such traders will dump the purchased ETH and ETHW with it.
And that is the hard part, if you are new in this kind of game and decided to buy ETH because of the merger and the pump but you didn't sell before it gets dump then you will not get your profits in short term. So you really need to be very quick or at least be on the look out on when the incoming dump is going to happen. Same with the newly drop ETHW coins, I"m expecting that this will also get dump hardest once everyone get their airdrops. So for me, I will not expect to much unless you really are into ETH investment. The difference is that I wrote about ETH holders, and you are about those who buy ETH specifically to get the ETHW coin for free. Although this does not mean that you will get a loss due to a possible ETH dump, everything will depend on the price of ETHW at which you manage to sell it. It is possible that the profit from the sale of ETHW will compensate for the loss from a possible dump of ETH. |
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if this is the same as BCH and ETC, I think there is nothing wrong with holding ETH if later ETH holders will get the same amount of ETHW, well that's the same as getting free money, but I've seen this ETHW on any exchange and I don't want to buy it too This ETHW because I think it has a fairly high risk should buy ETH and save it to get free money, but right now I'm more interested in being a spectator for ETH merging later
If the only purpose of the purchase is to get a free ETHW coin, then we should not specifically buy ETH just because of this, since we cannot know exactly how the price will react to the merger. In my opinion, the best solution in this case is not buying, but borrowing coins on DEX or CEX. In this case, you only pay a commission, which will surely be compensated by the profit from the sale of ETHW. |
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...however, one is as good as the other the security level is the same for all stable coins
In fact, the security level of stablecoins is different, and first of all, this difference lies in whether the stablecoin is centralized or decentralized. When choosing a centralized stablecoin, you must fully trust the issuer of the stablecoin you have chosen. If you are a supporter of decentralization, then in this case your choice should stop at DAI. |
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For miner perspective, they will be at loss when ETH going to Proof of Stake because they still haven't ROI from ASIC miners they bought.
Some miners may already started to mine other ethash coin such as ETC, thus the mining hash rate will moving from ETH to ETC, resulting spiking hash rate on ETC. After the hashrate increases, the difficulty of mining new coins will increase. And this will entail a decrease in mining profits if the ETC price remains at the same level. ETHW mining will remain the most optimal for miners if the price of the coin remains in approximately this niche, which ETH currently has, but it is hardly worth counting on. |
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not everyone believes it will make the price of ETH increase when the merger is successful, so waiting is a good thing for all of us, I'm also still worried about investing now buy a little ETH, but I'm ready to trade on futures to take the chance of the moment in case of a pump, all eyes see the merging later
If you are an ETH holder, then you will get a great opportunity to get an ETHW coin for free, after the hard fork that should occur after the merger. Many will specifically buy ETH for this, as a result of which the price will increase. But we must remember that after the hard fork occurs, such traders will dump the purchased ETH and ETHW with it. |
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Between Baby Doge and Shiba inu which one do you feel is right for long term hold?...
Neither of these coins is suitable for long-term storage, since both coins are meme coins. And as we know, meme coins are designed for pump&dump, which does not contradict the fact that you can get a profit in the short term. But to do this, you need to use a stop loss to limit your losses, otherwise you may lose your money. |
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...I think in the next 3-5 years, bitcoin will break the ATH that has been created before.
I think ATH will be exceeded much earlier, namely on the next bullish cycle. Given the influence of halving on the price of bitcoin, it can be assumed that the next ATH will be in 2024, when the reward will be reduced to 3,125 BTC. Thus, a decrease in supply may lead to an increase in the value of BTC. |
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...Does Solana price could reach an average of $60 in 2023 ?
Everything will depend on the general state of the cryptocurrency market and if there is a bull market by then, the SOL price will not be limited to $60. Considering that the ATH was about $260, reaching the price of $60 does not seem to be something impossible. |
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...So lets say my portfolio value was $9,000 when BTC was 30K in Mid May
And lets say my portfolio value now as we enter September is also $9,000 when BTC is exactly $20K...
If the value of your portfolio in dollar terms has not changed in the bear market, then you have managed to increase the number of coins, which is undoubtedly the right strategy. Accordingly, when the market becomes bullish, your strategy will lead to more profit. |
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I am suspicious of the result obtained, since I do not find actual confirmation in the published OP screenshots, which were of a selective nature. Usually, after such challenges, it is proposed to join a paid group or transfer your money to trust management. This is just my opinion, but in any case, be careful with your money.
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That was very much expected! A lot of people have invested huge amount of money in setting up their ETH mining rigs, they won't let that money go down to drain so a good amount of miners will continue to enjoy the best of both world. They can continue mining the forked coin and at the same time make use of POS algorithm.
I don't think this new forked coin will be outright failure because of the huge mining community we have for ETH. But don't expect it to be similarly priced as main ETH. It's going to be a forked coin anyway!
Everything will depend on the value of the new coin that appeared as a result of the fork. But it is safe to say that the price of ETHW will be lower than ETH. Accordingly, if there is another coin, the profit from which will exceed ETHW, then the miners will switch to the network in which the profit is higher. |
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If you were a public person, then you would not have any problems with the realization of your NFT. In all other cases, you will need to prove your skill either from the artistic side, or do something original that has no analogues on the market. |
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There are only two ways to think about it - It will either go up
- Or go down
...So I think it's best to look forward to what you want. Do you want ETH in the long term or profit in the short time? One desire does not interfere with another. If there is such an opportunity, then you need to get a profit in the short term, and then after receiving even more coins, expect a profit in the long term. But it is also difficult to do as to buy at the lowest price and sell high. |
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Keep or sell ethereum before the merge?..
No one can give you an accurate recommendation not only on ETH, but also on other coins, including bitcoin. But there is a high probability that if you hold ETH, then after the merger, if a new coin appears, you will receive ETHW for free. And it is possible that the profit received from its sale will cover the losses from the decrease in the value of ETH. |
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...if this migration to POS bring positive impact to gas fee,i am believe there will more smart contract deployed in ethereum chain. developers team will back to ethereum again , its effected to price too.
You need to read about the existing misconceptions arising from the upcoming merger, which were provided by the Ethereum Foundation - https://ethereum.org/en/upgrades/merge/#misconceptions I have previously indicated this link, but apparently it is not enough. You should not expect a reduction in gas fees, since "The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees" |
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90% in new altcoins and 10% in BTC, this could sound crazy but you will triple your investment this way, every year that bull market comes almost all the coins and tokens in top 20 gets replaced by new altcoins, that's the key, find new projects that solves the problem of old top ranked altcoins and you will make incredible gains.
Undoubtedly, investments in altcoin can bring much more profit in the bull market than bitcoin. But this will happen only if you have correctly chosen altcoins for investment, which is sometimes difficult to do without having the necessary knowledge. And if your choice turns out to be wrong, then instead of profit you will lose your money. |
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Investing is a very difficult thing to do.We have to really believe that xrp will reach the level of $200 in 2030. What is certain is that anything can happen in the trading world. Especially if we look at the development of xrp itself from year to year which continues to increase. If you are sure with xrp, please do it carefully...
In such cases, mathematics comes to the rescue and by simple calculations we can calculate the capitalization of the coin if the price of XRP reaches $200. Thus, with Circulating Supply XRP 49.6B, the capitalization of the coin will be 10 trillion dollars. Today, the total capitalization of the entire cryptocurrency market is $1 trillion. Do you still think that the price of XRP will be able to reach $200? |
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