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there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
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Seriously I am looking for lottery coins but something like x20 to x100. But wow! We have x1000 hunters here. It'll be very hard to find coins that will shoot at x1000. Most of the newly launched coins will just perish in a short period of time. And those newly launched coins with known developers and are invested by big crypto groups like Binance Labs and Kucoin Labs have market caps of $50 million something already which make them hard to grow x1000 in the next bull run. If we're looking into the next meme coin, maybe it's a cat logo in the next bull run.  it's these shitcoins with market capitalization of $10000 that could make such tremendous increase, honestly that massive increase is just doesn't make sense, but if some people out there persistence in getting that massive returns, shitcoin with full of manipulation is the way, of course that's not advised at all, most of the time people will just losing money with these shitcoins. |
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Ethereum is actually much stronger than Bitcoin right now. It survived that nov dump pretty well. Better than Bitcoin.
Right now I am neutral on both. They had a horrible year and honestly they will most likely trade sideways for the next few months like in early 2019. It’s not a bad thing. Better sideways than trading downwards like this entire year.
agreed with this, ethereum as much as it has lost many of its value still quite strong compared with the other, current bearish has pretty much eliminated so many coins even the big ones, so I think eth, despite losing majority of its value, still good enough that it still retain most of its value, even now it's slowly recovers, despite the charts that showing grim future, it still good investment for long term regardless unlike other coins of similar utility. |
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I have to say that there is a good chance we may never see another 1000x in any big marketcap project ever again. Sure something that has a marketcap of 0.1 cents could do a 1000x which is funny, or something even with like 30k dollars marketap but whose going to find that.
It is obvious that we are not going to find another x1000 ever again. It is important to double your money every year on average, maybe not every year, because 2022 was terrible for example, but on the long run if you could do that then you could become a millionaire in 10-15 years tops. That's what we should aim at, just 2x, but do that consistently to get rich in the future.
there's always possibility of such massive increase with the shitcoins, of course these shitcoins are being called shitcoins for reason, that is sometimes they have some market movements that beyond any logic therefore such returns is still realistic with all those shitcoins lying arounds, like BONK, basically you could have made not as much returns but significant enough had you invested in early stage but of course such coins is only 1 out of 10000 of shitcoins out there, the chance of you losing all your money is bigger. |
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seems like futile attempt of luna shilling, for all I know quite literally everyone has considered this coin to be shitcoin, so why still holding onto this coin if it's already going down so hard to the point of no returns.
just invest in other coins like matic and bnb, at least they have bigger chance of recovery.
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the big question is: how far will this meme altcoin continue to rise in price?
unfortunately the pump didn't last long, after all it's meme coin where everyone are in line in cashing out their meme coin immediately whenever it hits certain price mark, I think even though this coin could somehow give us some fresh air towards current trend, doesn't mean it's gonna be revolutionary, the trend isn't changing, it's still the same bearish for solana until btc and eth make some meaningful trend changes. |
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I don't think this statement entirely true, there are so many coins that has given good returns previous bullrun yet being created at around bearish, in bearish it's such good time for development and waiting for bullrun so that your coin could increase significantly when bullrun comes in, so even right now is still good chance for investing and seeking new good projects with promising future. |
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at the end of the day, these charts aren't really accurate, so can't entirely make decision based on these charts, moreover even it eth does goes lower than it is right now, it becomes good chance of accumulation. because it's like very obvious eth will regain its past glory back once it has the chance. I see no reason at all to ditch eth as investments just because these charts, I'd still invest in this coin even if the chart shows massive weakness.
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for novice investors to see a bear market is something terrible but for investors who have been in crypto for a long time to see a bear market is something normal, or even they see this bear market like a diamond because they can buy at a low price. I agree with you and we shouldn't worry too much about this problem because market conditions will definitely recover when the time comes. The most important thing is that right now we are focused on increasing the amount of investment because in 2024 we will see something very big and we have never seen it before.
even though i'm not sure whether 2024 will be bullish but current bearish will definitely have its end, eventually trend changes and the ones that accumulates gets the most out of it but honestly there's never any guarantee that the cycle will just keeps repeating, there's certainly some risk in doing some accumulation like the market goes even lower, etc. but if you have made right decision once to accumulate and bullish turns out to be coming for real you gonna be grateful of your decision. |
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Bounties earning are almost good as nothing these days. Gone were those days when bounty hunting was an average lucrative side-gig. Payouts are in BUSD which are very little at the end of the day
yes, definitely requires more than just following bounties in getting big rewards, nowadays even in bullish every project requires money to either stake and follow their programs in getting the big share of their rewards because nowadays, there are simply too many that follows bounties and airdrops I doubt it could ever be the same like in the past anymore. |
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Pricing of this coin already too high, I think it has reached its peak potential and everyone investing in it right now will just lose their money, i don't believe this coin could grow more than this seeing bearish trend going against it will cost tremendous investments money.
Even like that i'm sure so many still invests in this coin regardless, but we should see in the next few days because if the value still not decreasing, then it could still rise in the future.
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definitely not all the altcoins could ever give benefits, it works just like other investments, the relatively low valued and volatile coins that is the altcoins could always gives tremendous benefits but at the end of the day that truly delivers are just very few of them. therefore they have potential, but still need to see their growth in knowing whether your investments could brings profit and benefits to you.
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I think the only meme coins that facilitate creativity in real practical way is shiba inu, other meme coin like doge quite literally just being used for generating profits and nothing more, it's like just a pump and dump tools.
even though shiba inu may have the same characteristic at least it has some innovation behind it unlike doge that's just gonna stuck like this forever, the doge this day and in the future will be the same.
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I think any coins that trying to claim themselves as the next shiba inu is bullshit, there's no next shiba inu because shiba inu itself isn't going anywhere, it will stay for long because there are big community back it up, moreover if you think some random meme coins will become next shiba inu while magically grow its market capitalization out of nowhere into billions, then you're gravely mistaken.
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honestly I think BNB is better compared to other similar coins, it has the big community, there are still quite many nft games that still quite famous running in bsc meaning bnb still have a lot demands, I think it will never crash, binance is also doing quite good enough to keep their credibility with all the confirmations coming from binance itself, I doubt it's gonna be crashing.
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Anything can be happen in crypto but we should be ready for crash like Luna also. Crypto tokens especially meme coins are high Profit and high loss tokens and we should do safe holding and should not invest more than we can afford. Doge will boom if Elon do some great for it.
Doge cannot be referred like what happened in LUNA , Dogecoin isn't work that way and the presence of Elon will always keep this coin safer , though it might effect the stepping down of Elon(though this is still far from happening not just based on the votes) Elon won't abandoned this just like that and all the supporters will remain as is . LUNA is quite literally being managed by a company meanwhile doge coin is a meme coin that's definitely different compared with luna, I think it's indeed true that doge coin will never ended up in the same path as luna, is really different, there's also other thing that makes luna crash like their ust that's such failure, with doge at least everyone knows that it's a meme coin that fluctuates. |
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yes , that is what I also said from above that it may get to that but will never this soon , because the market and even Bitcoin is experiencing that bad so how come that Matic will take place on that matter.
we can deal with good potential or Polygon and no doubt it has though maybe in the next 5 years?
The next 5 years could happen, but to get to the price of $20 I think it is very difficult, unless matic can burn half of their supley, we just wait what if the bull market happens later as long as there is bullrun if they could somehow reduce their supplies surely that'd be quite easy for matic, the thing with matic is that it's already having such good momentum until the massive dumps comes in and hold it from growing in term of value any further, surely $20 could gets realized in the future. |
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Solana is the coin that has the most chance of getting out of the top 20 during the bull market later, and you just have to pay attention to coins that have problems in their development, they will easily get out of the top list, and also changes in trend will be very strong reasons for the coins that are currently available being replaced in the top position, can be prolonged or only be temporary, the point is that nothing is eternal in crypto.
I think sol will lost its position but I think most certainly that the coins that's gonna be losing their rank in the next bullrun definitely are the ones that somewhat stuck in term of market capitalization and hardly could grow, it was like that in the past where some of the coins just got stuck can't grow more and then that's the start of their downhill journey into some mediocre coins, but btc and eth will stay in their current rank. |
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had those shit coins being created in current bearish surely people would be using their wiser mind in deciding to not invest into these kind of coins, the thing with these shit coins that you mentioned is that they are created in the middle of bullish where quite literally everyone judgment getting clouded by the profits they are making, that would certainly the only catalyst in the growth of these shitcoins in general, therefore in trend of bullish investing should be done carefully than in bearish from my 2 cents and certainly majority of coins will vanish when the trend is changing.
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