Yes it is and I think it will for a very long time. From the early days ethereum start to hold a good position in the market. And after that it holds the second position with a big marketcap. After taht it never lose its position. In the the market there are lots of competition and some of them are technically better than ethereum. But still people like ethereum. And they hold it. People definitely like ethereum. So in my opinion it will be the king of all alts.
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In every sector it's hard to make money if you are not experienced enough or don't know what are you doing. It's also same with this crypto market. But the problem is most of the new comers come to the market and think that this market is very easy to earn. So they invest or put their hardwork knowing anything. And then complain about the market. That's why I always say first watch the market and try to understand it. And it will lead you to making money by profit or by works. That's it.
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Both of these coins are extremely good. I atleast can't find a reason to not like one of them. At this moment ethereum is the second biggest coin with a huge market cap. It's usecases is also the biggest among all platfrom based token. In other hand BNB was a exchange token. But now the binance made it more than that. Now BNB has its won chain,a dex based on that chain and also cz using BNB in many cases. And the popularity is growing day by day. So in my opinion both of them are very strong for future.bthere is no point in choosing one of them.
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If you have enough knowledge every time could be good time to invest for you. But yes there are some times when you invest could be a good time for you. When market is very low or at the bottom you could invest. When market start to pump the coin start to give profit. But when market is already low risk is also high. At this time may coin fully destroyed some go more deep. One more time when bitcoin is stable at some price mostly many coins give high return. So if you know how to trade properly you can make high profit.
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Normally we trust a project which is offered by a high rank player rather than a jr.member or member rank. But you have think about one think that we all do bounty or management stuff for money. And most of the time it's hard to know if a project is good or not. So when a manager take a project it's hard to what is the future of the project. So it's fine whoever offer the project. Always do some research before joining a project. So it's not always upto them. And if you can try to stick with some good manegers the risk is low there.
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Yes. You did a really good job. Most of these coin are good coins. Bitcoinsv ,litecoin,zclassic,Komodo these are already big cap coins. So these have always future. These are big cap coins so there nothing to lose. And others coins like lbry and credit are new coins but they are also performing really well. Can't talk about pother small coins. But I think if you hold till some good time you will make some profit. That's it.
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This is a very common thing in this market. If you watch the market properly then you will find maybe 50-60% of the all project goes scam or failed after release or time of release. So it's really hard to tag a project it is scam or not. Cause sometimes some projects looks so strong and good but eventually they go scan after some times. So I would say first check the team members are they legit or not and are they capable of what they are doing or not. Then check their whaite paper they have one or not and are they following their roadmap or not. And if they ofeer something that is kind of impossible then leave them there.
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This year is also good. Most ofbthe coin give very much profit and bitcoin is kind of unstoppable . But in 2017 it was very much different those who hold for a long time they take too much profit from every single big cao coins. Xrp eth touch the moon. But this year maybe bitcoin grown very heavily but we didn't see too much. But maybe we could see that in next few months who knows. I joined the market in 2017 maybe I couldn't make that much profit but that was the year huge amount of people like us join this space.
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It depends o. The situation. But I wouldn't prefer any kind of activities from only checking telegram group. Telegram is a free platfrom so anyone can create a group or channel. Almost every project whatever it is failed or successful have a telegram group. Most of the project wants to communicate with its followers so they chose a platfrom like telegram. I would always like the projects which have a telegram group. But not chosen only based on any project have telegram group or not.
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Yeah it's a informative post. Atleast those who are new to this forum or in the crypto space. It will help them out. In recent years everyday many new people are joining the crypto soacem and most of the time they got scammed or invest in a wrong space. Cause they don't have any knowledge and in most of the cases they want to gain it. They thing fron this market they will earn or profit as much as they can. If they start gathering knowledge nabiut where or what to invest it will be more stable market.
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You your investment is good. If yiu made 20eth out of 50 then it's not bad investment. But yeah there would be more options which can give you more profit. But your also absolutely fine. But the coin you choose are not okay for me. They are very risky in term of other bigcao coins. When you can take risk like it's fine if you lose your investment then it's fine. Otherwise I will always suggest to put 40-50% of your money in bitcoin and other highcao coins. Now it's upto you.
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I think at this moment of time both of them are good investment if you hold for a long time. I think it's hard to compare both of them. At this moment ethereum is the most used and most popular platform based token available in the market and in markecap it has the second largest marketcap off all coins. Innother hand binance has a very popular name. At first BNB is just a exchange based token. But now it has its ownbchan, adex and binance making more utility for it. So a s a investment in long term both of them could be profitable.
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Yes. I don't see any reason not to trust usdt. Usdt is a stable coin and it is the most used stable coin in the market. It has a very huge market cap and almost every single exchange support usdt as its main stable coin. I know there are many rumors about usdt in the market. But I never faced any kind of problem using usdt and I am using it for a very long time. In the market there are lots of option available if you don't want to use usdt you can try other stable coins.
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In my opinion there is no good or bad time for investment. Its all about knowledge. If you ahve enough knowledge where you are investing then you will make money in a bad market conditions too. But yes some specific time can multiple that profit. But it's still based on the knowledge level you have. Normally if you are investing your fiat then when market is low that is best time to invest. If you hold that it will surely give some profit. Now a days news based investment is not work every time. It's upto you. And iro investment is also good but always invest in good iris with offered by binance or se good exchange. That's it.
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I don't think so. In my opinion it's kind of not possible. Bitcoin and ripple fundamentally very much diffrent from each other. Bitcoin the first crypto of these all crypto market. It Is decentralised. It loved by people and all the support come from community or people. It has a huge market cap like it has a market cap 50-60% of whole market. In other hand ripple is a crypto which works for banking system. And it's kind of not decentralised. Cause it backed my many banks and big institutional investors. And the market cap is big but not like bitcoin. So it's relly hard for ripple to cross bitcoin.
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Okay if you have make profit from your investment then it's very good. And 20 eth as a profit is really good. Yes there are many projects that could give you more profit. But what you made is not bad. But what project you are choosing is very risky atleast in my prospective. Maybe this kind of project will give good profit but it also can go badly. If you don't have that problem then it's fine.
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This is a very good time for this crypto space. This year we saw some good move from most of the token. And after paypal and twitter sponsered sqaure enter the market we saw some good move. And it's really needed that tech gaints with big reach enter this market and that's how we can reach to the mass. Plus us election also give some boost to bitcoin. Let's see in long term what the market goes. But in short or mid term range market perfrom well. That's it.
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Yes it could be a good time. But I personally don't think that if someone who are interested in new innovations are not need any specific time to enter this market. I know many trends like defi and nft going on in the market. But in my opinion it is nothing but a trend and very few of them will hold for long. So I think if we need mass to come to this space we need many more use cases. And many more tech gaints to devlop something which attract more reaches.thats it.
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There are lots of crypto exchange available in the market. Very few of them are legit and doing their work properly. Most of them especially the small and the medium exchanges are doing some wrong things like most of them use fake volume bots, or they take high deposit fees. So it's better not to use just any exchange I would suggest you that gi from r bug exchanges like binance ,huobi, kucoin otherwise do some research before put yiur money in any small cap exchange.
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