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in my one year, there are only two assets that you might consider.
BNB and ETH.
I am sure you will not lose your moment in the market when you invest in these assets.
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I have some small stash of Matic since a very low price but I will sell it as soon as ETH2 arrival is imminent. ETH2 will kill Matic but I am riding the hype wave till ETH2 comes.
If indeed that strategy can be very good for you to run, then just continue, because in general ETH will always be more useful, especially if ETH2 is fully usable by everyone, automatically Matic will be devoid of enthusiasts. it's also not necessarily true. ETH wins a huge asset but such a lengthy renewal could miss these good market moments. because if you look at this year belongs to MATIC, BSC, and DOT. you can see how their development keeps the market running quite well. |
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I found a DeFi project with an RSK network. sovryn ( https://live.sovryn.app/) this project is growing quite well and now it also has a lot of users. SOV tokens have also been traded and can be staked there. but before deciding to join you better read and research it first. |
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I think people who have been in the crypto market for a long time must be aware that the crypto market situation always provides an experience for all of us. market conditions in 2017 are very different from today. but the momentum that occurs after the bull season is bound to be corrected. we have seen this situation even though the current state of the market looks stronger with more market adoption.
everyone must know when they have to get out of the market and when they have to survive. this is difficult, but all investments require good planning.
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if we talk about the future, it is certain that in the future there will be more and more people using this cryptocurrency and it will make the price increase, therefore I think in the future that can give a lot of profit is bitcoin, because it will be increasingly difficult to get bitcoin and a limited supply. making the price potentially even more expensive.
well, if there is a high pump, then it might start with bitcoin. besides, I think if there is an increase in the price of altcoins, it will also happen to the popular altcoins. So, if you want to get ready, then choose quality altcoins like ethereum, BNB, ADA, and others. it's a wise choice with the little risk I think. but not all altcoins get a good response when BTC moves. some altcoins also make moves based on their own market support. BNB and Metic are quite good assets in the long term. but I myself currently like several new projects such as tokens from the exchange platform. CAKE, TKO, and UNI provide good long-term appeal. |
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Relies upon the degree of hazard you will take, there are a few altcoins out there for speculation, however in the event that you are a customary financial backer, you realized that this altcoins all accompany various degrees of hazard, assuming you are the avoid any and all risks type, I proposed you take a gander at the most well known ones, numerous those in the top 10s and 20s of coinmarketcap,
those at the top are also at risk. because what they face is not only the development of the platform but also the market as a whole. you can see how XRP also had to go down very badly. that's just an example. my advice goes to the market that you use. look at some of the assets that experienced a big decline after building a pump. this is just big speculation. if you dare you can do it. because for short-term investments I usually just do that. short market analysis that I did. |
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Congratulations, you are guessing right, XRP did hit $1, but I don't think you'd expect it to be close to $2, but the true is, XRP did it.
Actually, i dont know how the SEC works, why they put the target on XRP, not that Elon Musk.
success belongs to those who believe and are patient with their own choices. XRP is already showing how powerful they are. ripple shows the strength of projects that are in the top markets. $ 1 isn't hard but to get to $ 2 everyone might think it will be hard. but the crypto market always provides surprises that we never thought could happen. |
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I dont think newcomers play with future, most of them only hold position on spot.
The problem of Future currently is market didnt ready for the huge traffic when dumps happen, most of them liquidated without any chance to cutloss it.
Its true, also many position opened because many trader try to open position in some of supports, and when dump happen it opened then liquidated very fast. Its like throwing money and you cant stop it. all that happened very naturally. everyone will try to save their money even at a loss. And most of them will build their investment and trade again from the ground up when the market actually shows a good signal to buy. we will never know what could actually happen in the market in the future. but a longtime trader and investor must have experienced the hard times of the crypto market. |
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the focus has you cut your losses? or you still have your assets that are losing money?
to be honest you are brave enough for a beginner to put in your big bucks when the market is at its peak. and that's the risk, I'm sure you already know before you put your money.
If you are already CL, I think you can put your money in altcoins with a short-term asset estimate. I also used to do it for day trading. loss with one asset so I will move the money in another asset and look for other fortunes.
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It looks like that money isn't flowing out of Bitcoin into altcoins anymore. I see that Bitcoin's dominance has started to increase again (BTC: 43.4%, ETH: 17.7%). Altcoins also have fallen a lot after the recent news.
Yes, and things will improve again after the latest news as well, all of this looks like a game which may not benefit everyone, but everyone has to accept the reality that is happening in the market. Right now a lot of money is leaving the crypto market. It is not going from Bitcoin into alt coins. The market shrieked a lot over the last couple of days and I believe it will take quite some time to recover. Everyone seems to be more careful now. Th enthusiasm of the last months is gonna for now. That's because some of those who came out experienced bad situations in 2018 when bitcoin fell too deep and made people expect that it had to endure too long until the current situation ended. everything has been a lesson, and many of us will not repeat the situation that has occurred. either exiting the market or switching to altcoins, currently, the situation is clearly panicking many people to secure their money. |
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In 2021, I have earned more than 300% of my investment return. on a USD conversion basis. The total odds I got were over $ 2,000. with a current capital of less than $ 800. Obviously the bull market this year is making lots of people fantastic profits. including the holders and investors they all get high returns in a relatively short period of time. but in proportion to what they want
I agree with you, this year's bulls have brought a lot of profit to many people who understand this market. like you, I also made thousands of dollars from BNB investments that I made before the bulls happened. I don't have a clear plan to hold my BNB for how long. but the bulls that were already going gave me a lot of advantages and I had to secure my profits. at this time the correction is taking place and I believe, this is the momentum to regain the asset at a cheap price. |
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the development of binance looks quite fast. but it's all because of the performance of their own developers who continue to innovate seeing the potential trends that are being needed by the market.
like IEO and BSC, they exist as a solution to what the market is expecting. of course with high community support that makes Binance continues to be very popular even as it dominates the development of the blockchain and crypto market.
it may hurt the crypto market and the development of blockchain in the future when dominance continues to be held by one platform. but for now, we're enjoying it all and I think everyone is realizing the dominance that binance is doing.
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both are in a good moment at the moment. the development that both did get a good response from the community and the market.
but I bet more on solona in the medium term if the market is not in a downtrend.
if you want to prove it, buy and save both of them then you will see what coins are more profitable.
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maybe the potential time is when we saw the XRP price go down some time ago.
but you can see how it was caused by a serious problem that kept a lot of investors out of XRP.
But looking at the current situation, XRP has made good improvements even though the decision to win hasn't been made.
Judging from the price, XRP actually still has much greater potential. But when you look at what the ripples are going through, that's a big risk we have to face.
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There is no correlation between doge and the kids. Doge can be used as transactions or transfer of money by any age, kids or adult. But the community is not kids friendly tho. A lot of adult meme by the community.
For transactions : any cryptocurrencies ( doge, dash, bitcoin, ethereum ) can be used by all ages.
yes I agree with you, basically crypto is not intended for children. It's not wrong to explain the benefits of crypto to children, but it's too early to teach them to use crypto from an early age. I think introducing is not a problem. but remember, don't make these children find their own pocket money from crypto trading. I have a friend who taught his younger brother to trade crypto and he succeeded in making his own money. but it was clear that he was not that young. need better understanding and reasoning to be able to start investing and trading. |
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That's true, we don't know if how long Musk will keep pumping this coin. If you do have decent profits it's good to
let go and wait if what will future brings to you, either you buyback if the value fall that hard or look for another
project that Musk will promote. High chance that same thing will happen once Musk show up and support another
project, keep yourself updated.
one thing that should be taken into consideration for people who are storing Dogecoin to date is that some addresses still have a very large number of coins. they could just crush the Dogecoin price quickly. especially at the current price, or they are waiting for the moment Dogecoin is on a rally that is longer than now to sell their assets. |
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Both were great and could be trusted. But I preferred to invest more in Binance coin than Ethereum. I believed that in the long run BNB will give me best ROI than ETH because BNB has total supply limit and do coin burning every quarter of the year while ETH did not have total supply limit.
yes both of them are very strong at the moment. who owned it in the last year I think has enjoyed the rewards of trusting in these two assets. BNB and ETH, no one doubts both. |
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Yes but some of them come too late to the party but want to get involved anyway. The end result is quite often that they burn their fingers in the short term and still say they hate crypto or knew it was a scam.
that's what will happen when they become the ones in a hurry. they see the market is in a good trance and make their investment without studying it first. but currently, the market is in a long rally. not bad it seems for those who want to try to join the crypto market. but remember not for the long term. |
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now you can see that many wallets also support USDT TRC20. I myself am a Trustwallet and Safepal user to store and transact TRC. I'm sure everyone will have their own view. because the comfort and security felt by each user must be different.
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