i think musk is not the boss behind shiba he's just someone who is interested in shiba doesn't mean boss
and as we know musk is a respected person and automatically if he makes his special statement in crypto there will be many people following him and I think that's what makes shiba,doge go up so it doesn't mean musk is shiba boss.
Well seeing the attitudes that Elon Musk has, I know that Doge is by nature that he supports and in fact gives him good help with his controversial tweets for his pumps, but I really don't think Shiba is part of Elon MUSK's plan, For now I think that he will rather be focused on BTC since he has made a tweet where he puts Satoshi with various renowned brands that are well known in the world. I don't know if Elon Musk has much emotion or affinity for meme coins, but I haven't seen him cast any kind of interest in Shiba, perhaps Shiba's followers want him to be a faithful coin godfather. In fact, no one really knows if Elon is behind Shiba. In my opinion, Elon is like other investors, only that he has a lot of capital and influence. so that what he talks about will be followed by many of his followers, so the price moves as if according to his words. I think this is more inclined to human psychological capital and games, so that it can influence many people to follow what they want |
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influencers also work. With his fame, they use his services to get a lot of investors, even though many influencers don't understand the tokens he is promoting. so actually they only work together in terms of work, not in the development of the project. indeed this has a big impact, especially from among famous artists, by taking advantage of his fame this can hypnotize investors who lack knowledge
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this time around, an altcoin with great potential like ethereum, in my opinion, is BNB. Binance's fame in cryptocurrencies is unquestionable, so investors' confidence is increasing. By having the number 1 exchange, at least Binance will have good prospects for the future. especially now that the bsc network is being used more and more, so that more and more people need bnb
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I think coins that have a high market cap have a greater chance to last longer, and the risk is very small compared to new coins with a low cap, try your research and watch the coins that are in the top 10 CMC over time tend to increase and will remain stay in their respective positions in a long time.
theoretically what you say is the truth, because with a high market capitalization the transactions are very consistent and the turnover is going well, so that it can lift the price and confidence in the coin. it is clear that comparisons with new coins and low capitalization cannot be a measure, in addition to new coins also having good movements, it is certain that market capitalization will also be well formed. so the best investment is to look for the best rating that is in CMC / CGK, because it can certainly be profitable for a long period of time. but if you want to analyze it well, of course there is no harm in seeing a new coin that will indeed be a good prospect, of course it is highly recommended to be an attractive investment. but what the op informed may be that I like the PBR coin, but trying to find it again there are always alternatives that can be done if the prospects are good enough. For reasons of the level of risk, I think that I personally don't like the coin chosen by the op, especially since he invested before the crash occurred, of course it's not something easy for coins, let alone new coins to bounce back. therefore the top order coins on coinmarketcap are a very wise choice when it comes to investing, especially for long-term investments, of course the level of risk is a major consideration |
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Are cryptocurrencies losing their appeal? Where do you see which important crypto money in the future? How do you interpret the sudden fall of cryptocurrencies? Apart from BNB, SOL, BTC, ETH, do you think there are other cryptos that can be popular?
I don't think it's losing its appeal to cryptocurrencies, but that when the market has reached its saturation point, it will experience a correction, plus there are news or events that can make investors convert them to stable coins. therefore it is important to understand the characteristics of the market so that our psychology is maintained and can still think clearly to deal with the possibilities that occur |
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For the last two days you see 23 and 24 March 2022 you are seeing a huge increase in the price of altcoin. Currently btc is also performing very well. It seems that by April 2022, altcoin has started bull rally. And that looks set to last until the end of 2022. Let me know what you think.
I think it's uncertain, it could happen this is a bulltrap, if bitcoin can break around the resistance at $46k, it's possible that a bullish season can start, but if it doesn't break through then a deeper decline could occur. therefore those who trade short term must remain vigilant, in contrast to those who invest in bitcoin, it may not be a problem to keep holding it even though the price will go down again, as long as you are patient in holding it |
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Today, the mobility of crypto seems to have not been instantaneous. It seems like we will see a bullish chart for the future. Spring is coming in cryptos. BNB has risen from $360 to $405 and the expectation is $420.
BNB is one of the Top 5 crypto currencies on coinmarketcap with strong use case and very popular currency in crypto space. Binance Team has done wonderful job by building strong utility of BNB during the past years and consequently its price increased more than 1000% from $50 in 2021 to ATH above $650. Currently it is trading around $405 and on Technical chart next resistance is around $421 on weekly Technical chart. bnb is becoming a top altcoin capable of being aligned with ethereum for its potential. Currently, almost all cryptos are experiencing a decline, because the bitcoin trend which is still bearish has not shown any signs of reversal. the closest target is around the $420, if this area can be broken then it is possible that the next resistance will be targeted, and can occur until a new ath is formed |
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If Bitcoin's current price is $40K and selling will make a profit, then I don't care if it's a trap or not. For me the price of Bitcoin is still safe even though some events are happening such as war. Besides that I also feel that Bitcoin will be able to pass the price of $40K and will reach a new ATH even though 2022 has been running for 3 months and signs of an increase are not 100% yet.
I think in same way to you. At $40k is still a bear price looking good to jump in . Buying at this price may be the low of this moment because the beginning of the year has below $40k and last week was trading for $38k, so maybe the price is gradual increasing in approaching second quarter. Now Bitcoin is slowly leaving the $40K price towards the $42K price. Can this still be considered a trap? Actually, such an assumption never arose because every investment would not want to lose. Investing in any crypto should have a clear target. When someone buys Bitcoin at a price of $40K, now they have made a profit. but for the short term, I think taking profit is a good decision, until now bitcoin is moving like ranging, so the price is still back and forth in certain areas. and this is what shows us that altcoins don't seem to have a trend yet. Timely, we may not know when the new ATH will occur, whether this year, or in 4 years like the previous cycle. but if we can be patient, I think we will get profit later |
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one thing you have to understand first is to do a swap you have to choose which network fee you will use.
for example you swap usdt using the usdt network then you will be charged from the bep20 network.
if you swap using the erc20 network then you will incur network fees from eth.
as well as solana trx matic etc.
If you have BEP20 USDT, you will be charged BEP20 BNB. but Based on that, to answer your question, BNB or USDT based on BEP20/BEP2 is cheap to swap.
for the erc20 network, of course, it will be more expensive for the gas fee. but indeed if our assets are on the bep20 network, it would be better to exchange them with this network. between usdt and busd, actually both are good, but indeed the usdt ranking is better than busd. for me in the long term with a bigger marketcap I think usdt will be better, but busd is also good, because binance is a trusted exchange for now |
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if that's the case, I think the most important thing is to wait for an official notification from the coinlist, I don't think you should do anything first, because at this time there is nothing we can do. I hope the team can fix this soon. after there is an explanation from the team, then we can complain, that our account got an email as you mentioned
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The gaming industry grew well in 2021 and is really popular until now.
In fact I think some metaverses do have something to do with gaming.
Game tokens are indeed very good to invest in right now, it's just that there are no game coins so far that last for the long term they usually only last up to the medium term.
This happens because usually game-based coins are used only for rewards from the game like Play To earn, even if we make two different coins in one project it will still affect both, this is a problem they have to solve.
this is like a trend that is happening from 2021, where game coins and game projects are in high demand. we know like the forged vulcan which flew to the surprise of many last year, we can see if it can last long or is it just a trend which has its time to triumph. but at least I agree with your opinion that the longest is the medium term for the trend, and not many will survive forever |
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To hold altcoins in the long term of about 5 years and looking for bigger profits, I personally recommend holding the top altcoins, including eth, bnb, matic, cardano, solana. I appreciate holding the matic which in my opinion is like a sleeping giant, with a good altcoin base, so I think it's just a matter of waiting for the matic pump, so don't miss it
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As this guy suggested, out of the 5 suggested exchanges, for me the ones I use currently and I know of are only two Binance and Kucoin. There are some exchanges that I am using currently.
They are:
- Binance
- Tokocrypto
- Indodax
- OKEx
- Kucoin
Looks like Binance and Kucoin are currently the best exchanges for me, if you use it even better. I certainly agree. I've been using Binance and Kucoin for years and they honestly provide promising service and no wonder why lots of traders trust them as well. They're user-friendly and their TOS aren't too complex. There are also lots of good exchanges that aren't on the list like Huobi and Pancakeswap. for huobi maybe I rarely use it, even though I have an account on the exchange. but most of the ones mentioned above, i also use them often, binance, kucoin, indodax, or tokocrypto. At first, I used to often use Indodax, but now I actually use Tokocrypto more often, because it has a cheaper fee. As for the okex one, I've never really used it, so I don't have any experience with the exchange |
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You can see it yourself mate , here just check the graph and movement if this will ever going good again https://coinmarketcap.com/currencies/shiba-inu/ from becoming part of top 10 currencies last year now dumping to rank 15 and still lowering as time goes by, meaning this will end below 20 ranking in the next months coming. if i were you? try to sell out if you are still holding and consider investing in more valuable than BS Meme coins. Lucky for those who do able to get out on peak price but for those people who had been keeping on holding do really get caught on the dump which would cause for them to keep holding with this meme coin.Some might had already made out some cut losses but pretty sure that there are still how had been able to get caught on the peak or simply they had bought on the ATH and now they are really having a big problem on how they would handle out their investment. I can't really feel sorry for people who ended up buying a memecoin to make a profit. I mean it is sad that people did, but unfortunately they were aware of the fact that they were buying a token called "shiba inu" and they wanted to make money with it. Others like me saw how silly that idea was and did not participated, and yes maybe we could have gotten in early and got out at peak and lost money there, but there were plenty of decent coins and tokens at the time that went high, so it wasn't really a big deal. Investing into ada, sol, avax or whatever on first day of Shiba, and selling at the time of its peak could have profited you as well, and not selling wouldn't have been this much loss. Buying a meme coin like shiba certainly requires careful calculations, considering that this coin flew high and made many people's eyes glance at it. those who already understand crypto will of course be careful, but many beginners are tempted by the shiba movement so they buy it at a high price, so they are currently feeling frustrated between cut loss or hold, considering the decline in assets that has been so large, especially the overall market situation. currently in bearish condition |
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The long waited ETH 2.0 should come into fulfilment. The high gas fees of eth have put so many projects on standstill not to actualize their goals. Am looking for a day when the eth gas fee will be as it were before(low gas fee) so that projects that are dependent on eth blockchain will soar higher as it is supposed to in no short time.
Where did you get this news from ? because until this moment I haven't found any news related to this and indeed it is something that everyone is waiting for but it hasn't arrived yet and will the cost of gas still affect the price of Ethereum ? if it still has an effect, then ETH 2.0 will also be meaningless because in general for the time being the Gas fee for Ethereum blockchain transactions is still very dependent on the price of Ethereum itself. right, for now the transaction gas fee still depends on the price of eth. eth 2.0 is still unheard of so far, but a lot of people are already expecting it to happen soon. no one can say for sure whether it will happen this year or backwards to the next year. but what is clear is that eth is still firmly at the top of altcoins, and that means there are still many investors who believe in it even though gas costs are high, and this is not suitable for transactions in small quantities, of course if that happens, eth will be even more solid as the king of altcoins |
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Very well said.
We need go for hodl and do selective investments in best projects in the market like ADA and omni oai people driven
The ADA project does have a very good future because this project is in development to be able to increase the price for the future, so now it does not hurt to choose the coin so that later it can get a big profit, but in addition to this project there are other altcoins that we can rely on such as solana and matic I think we must hold for now because the project has built its own network and has been interested by many people investor. Every project that wants to be successful or if they want to lift their price, they should do constant developments because investors now are wise and will only invest on coin when they think it has it. It makes them confident and they'll think that developers of this coin is serious. The money that they put is going to be in good hands and will go only for the development of the coin but they can also get their return once the coin become more stronger as that can magnet more investors. Ada, matic and solana, all of these three are potential coins which can easily go 10x or more, within this year but I don't know about omni and oai, which the guy above you suggested. this is my first time to hear such coins. Among the three I prefer matic, where until now the price is still stable without having high developments. Moreover, the polygon network is now starting to be widely used and much preferred, especially for many new projects that use this network, because it is relatively cheap for shipping costs. In the future I think matic will soar high along with the development and trust of the community |
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in early March the price of bitcoin was above $40K, but after that and until now the price has continued to decline until it is currently in the range of $30k. in my opinion if bitcoin can break through the resistance in the $42k area, then the next target is the $50k area. but looking at the current conditions, I don't think it's for March, even bitcoin seems to be in a bearish season this time, and could fall back down considering that it is currently ranging in a strong support area.
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bitcoin as a mecca than other altcoins. many traders analyze the development of altcoins from bitcoin movements. so don't be surprised if there is a term altcoin season, it happens because bitcoin has rallied, and potential altcoins have not shown their dominance, so there will be many investors and traders who will buy altcoins, and vice versa if bitcoin experiences a decline
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I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.
if we are still in the learning stage, I think choosing a coin that is at the top of coinmarketcap is the best choice, even though there is a floating minus, but if you are on the right track then it will reduce our psychological burden, because doge is a coin meme, it is feared that hype will occur , as well as the coin you are currently choosing, I think it would be more feasible to hold bitcoin, or ethereum, or bnb |
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for now because your position has received a transfer of $110 and to convert it requires a large fee because it is possible for you to use the erc20 network, so here I can only suggest making transactions at non-busy hours, namely in the early hours of the morning, where there is not much activity, at least this can reduce your gas fee. and in the future using the BSC network may be an option to reduce transaction costs
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