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I would say it's good news for Telegram users, but we cannot claim that all users will use their wallet right away. Trust needs to be established first before holders will have confidence. You have raised a valid concern because I have generally observed that many Telegram accounts get blocked, and many are restricted. In such cases, users may not be able to use the wallet. Additionally, some people create multiple Telegram accounts using proxy settings, which is also an issue, especially for newcomers who may fall victim to scams. Therefore, I believe there will be many concerns among users. Now, the key is to see how they address all these issues so that anyone can use their wallet without any fear.
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It is only advantageous to purchase low-cap coins when they are listed on a tier 1 exchange or there is an expectation that they will be listed on such an exchange. Otherwise, we all know that selling becomes quite challenging due to low volume when listed on tier 2 or tier 3 exchanges. We should select coins based on their potential and comprehend market trends. However, if the community support is strong, we can consider investing in low-cap altcoins.
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PROOF OF AUTHENTICATION
Bitcointalk Username: gurunanakji777
Telegram Username: @harjas2519
Campaign Category Participated: Twitter
BSC Wallet Address: 0xEfF5A809A5E74B824af6c69Cb9e5aa4b1147d506
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One should invest where they have trust that the coin won't disappoint them. In my mind, only Bitcoin and Ethereum come to mind when we talk about genuine projects. However, I have also observed that there is a significant trend in the market for AI coins and Bot coins. Some people may certainly make a profit by investing sensibly in them, but it's important to be cautious about excessive greed, as it can lead to losses.
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XRP is considered a promising cryptocurrency. In my opinion, its supply doesn't matter as much as the project itself. The strength of a coin's growth is attributed to its community, and XRP has a very robust supporting community. There are several projects with high supplies that still have a good value. During the previous bull market, XRP showed strong performance. However, since then, we've entered a bear market, and most altcoins have hit their lowest points. Additionally, XRP is dealing with ongoing issues with the SEC, although it has received some relief. I'm hopeful that XRP will perform well in the next bull market. Currently, the value of XRP stands at approximately 50 cents per coin, and it's worth mentioning its all-time high (ATH) price in your post.
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Why do you get into so much trouble? There's no need to overthink it. Just use a hardware wallet that's sufficient. Hardware wallets are very secure and support several cryptocurrency chains. There's no need to worry so much that's fine. Nobody wants to take any risks everyone wants to stay secure. In my opinion, using a hardware wallet would be a better choice.
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Today, I've examined Max Coin, and I've noticed that its trading volume is quite low. Additionally, there's a limited number of individuals including this coin in their watchlist. This suggests to me that there might be a lack of a robust community supporting it. However, if it turns out to be true that Vitalik and Charlie Lee are serving as advisors for this project, it could be considered a positive development for Max Coin. Considering the current state of the coin, it doesn't appear to be a particularly strong candidate for investment. Nevertheless, if the news about the advisors proves accurate, it might be worth taking a calculated risk. Back in 2019, I also held various exchange coins, but unfortunately, none of them yielded favorable results.
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To be honest, there aren't any other options available to those investors who want to take risks with their money, because we all know that not everyone can handle the fluctuations in the crypto market. Moreover, there's no guarantee in crypto that your investments will only grow and not decrease, whereas keeping your money in a bank is generally considered safer. Banks even provide government assistance in case of a financial crisis, which is not an option in crypto. However, those investors who are not afraid of taking risks can certainly explore the world of cryptocurrencies. If you were to ask for my opinion, I would place more trust in banks rather than exchanges. On the other hand, if I were not to choose a bank, I would opt for hardware wallets instead of keeping my coins on an exchange. Exchanges pose a higher level of risk compared to banks.
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There are many cryptocurrencies in the crypto market that exhibit high potential and have substantial trading volume. The choice of which one to invest in largely depends on the amount of capital you have at your disposal. Major investors tend to gravitate towards more expensive coins, while smaller investors typically seek out more affordable options.
During previous bullish market trends, I observed that altcoins, excluding Bitcoin and Ethereum, often experienced shifts in performance. In the previous bull run, meme coins and metaverse coins performed well. However, it appears that the trend is evolving once again. I believe that this time, AI-related cryptocurrencies will likely outperform other altcoins. It's important to note that this is solely my personal opinion.
As of now, I have invested in XRP, Matic, Polkadot, Ada, Quant, and Solana. Additionally, I am currently researching AI-related coins that I intend to add to my portfolio.
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