Hey,
I am thinking of switching from BTC trading to Alt trading. Consider me as a beginner.
If anyone can help me in these things:
1. Best exchange to join
2. Best altcoin to invest in
Thank you!
in my opinion the best exchange for you to join is Binance exchange, because on Binance exchange you can choose many cryptocurrency to invest and trading fees on Binance exchange are also very cheap, then I recommend you to invest in BNB, because I'm sure the price of BNB will definitely continue to increase and can gives you a big profit in the future, besides that you can also staking BNB on Binance exchange, so you can get passive income from investing in BNB. |
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YES, this is the best time for if you just wanna start to invest in Altcoins,
because all of altcoins's price are falling down significantly, so this is the best time to buy tight now, so that you can earn proft as many as possible after the price is going back to normal.
But be careful, now because altcoins are down, that doesn't mean they will easily rise. What if we are already in the bear market? We cannot expect a bullish movement if we are in bear market, and I have never seen bitcoin dump this low this year, so this is serious, just be patient, wait for more dump I guess. what are you waiting for? because the price has dump very far, so now is the right time for you to invest in cryptocurrency, because I believe the correction that occurred this year will not be as bad as it was in the previous year, so it's better to invest now and HOLD, because if you don't invest right now, then you will definitely regret it when the market starts to increase again (pump) and you haven't invested in cryptocurrency while the market is being corrected. |
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Hello,
Can anyone introduce some coins or tokens with a good potential like SHIBA INU?
In the last 24h, that token increased about 468.20%.
Thank you.
no one will be able to predict what coin will increase very high in the near future, because the price moves indefinitely (up and down), so it depends on market conditions and the potential of the coin, therefore if you want to invest in cryptocurrency, then I prefer you to do your own research, because the person who gave you recommendations, it is not certain that the price of the coin he recommends will increase very high, because no one can predict the market very accurately, therefore it is better for you to do your own research for investing in cryptocurrency. |
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yes that's right, but you have to do plotting first to be able to farming Chia (SDD is preferred for plotting) and of course I recommend you to wait until the pools from Chia are launched, because if not then you need a long time to win (could be 3-5 months for now) and if you want to build a PC for plotting and farming Chia, then you can see it here " https://chiadecentral.com/budget-plotting-build/". |
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For now I prefer Binance Smart Chain (BSC), because gas fees from Binance Smart Chain (BSC) are cheaper than Ethereum and transaction speed using Binance Smart Chain (BSC) is also very fast (same as Ethereum), that's why I prefer Binance Smart Chain (BSC) for current transactions, unless the gas fees from Ethereum are back to normal or become low, then I will definitely use Ethereum again, because I'm actually used to transacting using Ethereum network, but because the gas fees from Ethereum is very high for now, therefore I am not using Ethereum for my current transactions anymore and prefer to use Binance Smart Chain (BSC) at this time.
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Or will they remain stable at least?
I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.
You guys have any thoughts on this?
of course it will remain stable, because ETH 2.0 only affects for ETH system and does not affect for ADA or other competitors, so if indeed ADA or other competitors can match ETH, then of course ADA or other competitors will be able to remain stable, especially if ADA or other competitors can making the project better than ETH, then of course it's possible for ADA or other competitors will be more popular than ETH in the future. |
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When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.
depending on the target you want, if you only want 100% profit, then you have to sell it when the price has gone up according to your target, because you can't be greedy if you want to invest in cryptocurrency, so when you get a profit, then you have to satisfied with the profit you get, because we never know when the market will go up and down, so of course if you are greedy (don't want to sell it when the price has increased according to your target), then of course you can lose your money, because the price can go down very far at any time. |
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Of course it can happen, because Cardano has a very good project and makes people interested to investing in Cardano, especially if there is another altseason, then of course the price of Cardano must be very easy to increase $ 20, so if you want to invest in Cardano, then it is a great idea for you and now is the right time to invest in Cardano, because currently the price of Cardano hasn't reached $ 20 and when the price of Cardano has reached $ 20, then of course you will definitely get a lot of profit from investing in Cardano at this time.
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I am sure Elon Musk community will definitely buy it and of course the price will increase very high like the price of Dogecoin, but of course the price of Dogecoin will definitely be a dump right away and many people are no longer investing in Dogecoin (switch to coin made by Elon Musk), because what made Dogecoin price increase very high and made Dogecoin popular is the support from Elon Musk.
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if I were you, I would invest $ 8,000 in:
$ 4000 BNB
$ 2000 ETH
$ 1000 BTC
$ 1000 ADA
Just benchmark first on topcoins on the marketcap, after getting a profit from there, then start withdrawing profits and switch to smaller altcoins and look for profit from there.
I agree with your choice, it's just that for $ 1000 in Bitcoin I don't agree, because I think $ 1000 is a small amount to invest in Bitcoin and than you invest in Bitcoin, then I think you better look for other altcoin to invest (I personally recommend you to invest in Polkadot or Uniswap), because the price can increase higher than Bitcoin and give you a lot of profit, therefore I think $ 1000 is better for investing in Polkadot or Uniswap than you invest in Bitcoin, because the price of Polkadot or Uniswap can increase higher than the price of Bitcoin. |
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I think the next bull run will definitely make the price of Binance (BNB) increase very high and of course the price of Binance (BNB) can reach at least $1k, so if you HOLD Binance (BNB) and want to earn free money, then I recommend you to staking Binance (BNB) on Binance exchange, because you will get income every day from staking Binance (BNB) on Binance exchange and now is the right time for you to invest in Binance (BNB), because the price of Binance (BNB) is go down very far (dump), so when the price of Binance (BNB) start to increases again or create a new ATH price, then of course you will definitely get a big profit from investing in Binance (BNB) at this time.
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Yep matic is one of the good investment.. Its a very promising project its a good timing to buy while the price is dumping.
I agree with you, even though the price of MATIC has increased very high and made a new ATH price some time ago, but I am sure if the price of MATIC can still increase very high and make a new ATH price again, especially if the market has started to increase again (bull run), then I am sure at that time MATIC will make a new ATH price and of course you will get a big profit from investing in MATIC at this time. |
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On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.
if you want to invest in LINK for the long term, then it is the right choice, because in my opinion LINK is a good altcoin to be used as a long-term investment, because I am sure that the price of LINK will definitely continue to increase and of course it will make you get a big profit if you invest in LINK for the long term, therefore now is the right time for you to invest in LINK, because I think the price of LINK could increase by at least $100 in the next altseason. |
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because btc dominance has gone down now, i think now is the time for altseason and most people also assume that, but still can't say that because btc is also still stable and sometimes goes up.Maybe the next 1 or 2 months to be the determinant.
we also have to look at market cap and 24h vol, because if market cap increases and volume also increases or doesn't decrease (stable), but BTC dominance goes down, then that is a good thing for altcoin, because altseason will definitely happen, but if BTC dominance goes down and market cap & 24h vol has also down, so it is possible that people have started to withdraw BTC, because it has gotten a lot of profit, then it could lead to a correction in market (bear run). |
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in my opinion it is better if you still hold your BTC, because BTC is safer to be used as an investment and the price of BTC will definitely continue to increase all the time, then every time a bull run occurs in the market, then of course the price of BTC will definitely increase first, that's why if you really want to invest in altcoin, so my advice is that you better add your capital to buy altcoin and not swap your BTC to altcoin, because I believe in the future the price of BTC can be at least $100k.
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hi guys
I am wondering where you guys ll invest 1000 usd, which has got a chance to get insane profit.
Please can you give reason as well
Thanks
of course I will definitely invest in a safe cryptocurrency and the price will definitely increase every time, therefore I will definitely invest in altcoin that are in the top 10 on coinmarketcap to be used as a long-term investment, because the price will definitely increase when an altseason occurs and very safe for long-term investment, then I recommend you to invest in : 1. Ethereum 2. Binance 3. Cardano |
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if I personally will definitely to HOLD my Ethereum, because in my opinion the price of Ethereum can still increase very high and I also still to buy Ethereum every month, because I believe if ETH2.0 has been launched, then of course the price of Ethereum will definitely increase by at least $8k, especially if there is a bull run, then of course the price of Ethereum could increase even higher than $10k.
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Hi Guys!
I bought ripple at $2.50 and i am at very high losses. I wanted to know if and when it will reach $3, $4 and if my stars shine $5 ? Please help. I am being as much patient i can but i am honestly dying from the inside looking at the prices.
I think it depends on the current market condition, if the market is going to experience a bull run, then of course the price of Ripple could reach $5, but of course for $5 I think it's very difficult right now, because for this year the price of Ripple has never touched or exceeded $2 (even though the market is experiencing a bull run), so I think for this year if there is a bull run, then of course the price of Ripple may only increase to $3 only. |
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I think with the market is going down (correction), it will be difficult to make the price of ETH can increase to $6k this week, but if the market starts going up very high again this week (bull run), then of course the price of ETH could definitely increase to $6k or even more in a short time (this week), so I think if there is a bull run this week, then of course the price of ETH could definitely hit $6k this week.
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Because I do not see the point of selling my shit coins for a price tag of 5-10 dollars, it’s better that they remain eternal garbage in my garbage collection.
yes I agree with you, because if we sell shitcoin, then we only spend ETH for pay gas fees to transfer this shitcoin on exchange and it is not certain that in exchange we can sell this shitcoin (don't have the volume to sell it), therefore than we spend ETH for pay gas fees, so it is better if we make this shitcoin as a collection. |
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