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I think there will be no meme coin in the crypto world after 10 years. The meme coins don't follow Bitcoin and Ethereum only Doge and Shiba Inu follow Bitcoin. Memecoins increase because of the shilling of influencers like Elon Musk and others. I think we should forget about meme coins because they are manipulators of crypto market there is no any benefit of these coins.
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PolkaDot is a really good project for the long term. I also have picked Polkadot. My other picks are Ethereum, ADA, and Matic. I can miss other coins from my list but I can't miss ADA. I am sure it will give good profit and it is the most recommended coin from everywhere. You can check by searching on google about good long-term investment coin, It will show you Cardano(ADA).
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I only invested once in the TRC-20 token that was Klever. Now I am only investing in TRX tokens and using TRX to withdraw my money from one exchange to another because it has a low fee. My reason for not investing in the TRC-20 token is that there are no good projects in this network and many coins are fake.
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If you don't want to invest in old good coins like bitcoin, ethereum, and BNB. Then you can check some new projects Cardano(ADA), Polygon(Matic), Dot and Arpa. These are some strong projects which I believe will get good profit in future. You can choose FTT(FTX Exchange Token) for long term. because FTX exchange is developing good many users are migrating towards FTX. So It will have great value in future.
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The community should be big and hard-working for a token to pumped about 100x and the team should reveal their further plan so the community can make a good decision at the time. You should have to read their full documentary before investing your money.
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NFT are now on-trend when Binance launch their new feature (NFT Marketplace). There are a lot of NFT projects on Binance so we should invest in any good coin for getting good profit. The most famous coin is AXS, it has increased a lot in past days and I hope it will increase more. DEGO is also good and increasing because there are many news coming about DEGO.
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Panic is a kind of dangerous disease for a trader. If anyone has this disease he can't get profit by trading. So don't be the patient of this disease and take your time to decide where to invest and also research yourself. Don't invest anywhere before researching yourself.
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Why are you choosing only TRX and XRP? Do your own research and invest in other good coins, I am not saying that XRP and TRX are not good. they are good. There are some chances of XRP to give a good profit but I don't think TRX can give a good profit. Try to invest in developing project which are launching new updates and news.
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At the moment it is very risky to invest in any top coin because all coins have already pumped and touched their resistance so we should wait for BTC to stable. When BTC will stable all altcoins will automatically go up. I will buy some BNB, Ethereum, and ADA. What will be your choice must tell.
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I have not calculated yet, but I think my 22-25% of total capital will be in crypto. I believe we should invest that money in crypto which we can lose without any worry(afford to lose). Most people sell their houses, cars or other things to invest in crypto. I think this is wrong, because crypto is fully risky, Everything can happen in crypto market. Look at BTC it has hit 39K in only 5-6 hours, because of Amazon news. No one excepted of this pump. So I think we should always be ready for any moment.
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When I just started earning in crypto. I used to earn daily 10-20 cents because at that time I was not aware of cryptocurrency fully. I used to claim 5 mint faucets and watched many ads for earning some satoshis. Now I have also good experience now I am making almost 200-300$ monthly. Now I have some knowledge about technical analysis. My message for beginners is " Don't do panic in trading and always try to take entry at right time and Don't be worried about any loss because it is cryptocurrency so lose and profit is part of it. If you have got loss today you will get profit tomorrow".
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It is impossible for Cardano(ADA) to overthrow Ethereum. Maybe Cardano(ADA) will become the most famous in near future. but it is already famous and we are looking that ADA is doing great nowadays so the name ADA will also be used as Ethereum and BNB in future.
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This doesn't make any sense that you are waiting for 2024 to invest in altcoins. How did you know that bear market will come in 2024? I think Today's altcoins price is also low and best for filling our bags and we can get good profit before 2024.
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If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
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Because now people don't see coin's or token's potential they are just investing in coins that are in the hype. They don't think that they can give them high loss. They only see tweets of richer men and invest in coins. I hope soon this trend will end.
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Crypto has not changed only my life. It has changed many lives. First I started from airdrops then start trading with my airdrop money. I was new in trading so I get lost in the beginning, but Now getting good profit. So Crypto is best way for earning.
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If you just see market cap and number on coinmarketcap for investment then you are looking wrong things. You should check the team, holders, future plans, and also the community. Because these are fundamentals things for a good project. I suggest you invest in Bitcoin OR Ethereum if you want to hold your investment for 5 years.
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Now the meme coins have reached their real position. I think now they will never recover and touch their ATH. DogeCoin is still doing good because it is an old one. All other meme coins are new and made after Elon Musk's tweets. I think now we all should leave the talk about meme coins and start investing in altcoins and Bitcoin. Because they are our market's future.
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It is now July but still, the market condition is the same. I think it will be settled at the end of the year. The meme coins trend is decreasing slightly people have known now that they are useless. I think Elon Musk will again do something about its meme coin dogecoin. so let's see whats happened in few months.
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