I don't think mining is profitable. It costs more money and you take the risk to destroy your hardware. You can look at whattomine to know if is worth to mine a coin. But it is not with a computer. I have lost one pc because of mining coins. If you are mining, you should take it as a hobby and not as something that might give a better return. If you are mining with an ASIC miner, it is maybe profitable. But it is easier and faster to buy cryptos at the right time directly and do some trading or just keep it. Or you can do bounties and airdrops.
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Altcoins now have a big sell pressure. They are all bleeding. I suppose it is because a lot of people don't want to miss an uptrend of BTC? But if BTC fall more, they might return at their bottom price.
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Ethereum is more useful than Bitcoin. But Bitcoin is more precious as it is the first coin. Bitcoin will stay as the king of cryptocurrencies for a very long time.
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Wow! What a ride! I didn't expect Bitcoin to increase so fast. The bull is still stronger compare to the bear. 6000$ is possible for BTC.
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I used to have KCS, but its price is too volatile as the volume of exchange is very low. It is a too risky asset. The exchange is not bad, but because of this volatility, it is safer to only trade for a few dollars.
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I think, we need more exchanges as the current exchanges are too well implanted and it is too expensive to list coins on some exchanges. Some more competitors is not bad to make them evoluate.
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With all the great news that keeps coming from binance, I still think it is a great coin to hold, on the other hand, BNB is near its all-time high, so buying in now cut be risky. You need BNB to pay for trading fees, so it has a use case.
BNB is at the highest price in its adult life, but this may also be the lowest price it can achieve this year, and you will miss this opportunity to wait for the opportunity to fall? The demand for BNB ownership is increasing, and this helps its price increase the same day. Just one more IEO organized by Binance will make BNB prices soar quickly. Don't wait because BNB is an Altcoin with too much growth potential. Better wait that it fall. Why buy at the top price if you know that it can fall more? It is better to be patient before doing a move. And i don't really see why people are going to go to Binance if they are already on other exchanges. And there is already some DEX exchanges, but their volume of trading is very low. How can they be certain that their DEX exchange won't be different?
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It looks more like a pump and dump coin for me. It has been overhyped as they have big influence on some big players. And i suppose they have also manipulate the crypto market to try to make BNB in the top 10 coins and reach its ATH and they succeed to do it. On some btc news website, they wrote that BNB goal is to dethrone ETH and be the most used coin. But i don't think that it will work. They want people to migrate from ETH to their Binance Chain to make people pay for the transactions. And they want that the coins be traded with a volume of more than 1 million per day if not on their chain. They only think about more profits.
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Product is very important for the long term of a project. But it seems that marketing and hype is given more importance in the crypto sphere. Hype is more effective to make people buy a coin as people want profits the fastest as possible.
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It is green for some coins, but not all of them. I have the impression that Bitcoin and ETH are being maintained at thoses prices level just to make BNB reach its highest price. It is like a pump and dump scheme just before Binance DEX exchange. So, i don't really know if the crypto market is really improving. I can only see that it is surely manipulated.
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in THEORY BNB will continue rise slowly as it has been theres no inflation, and they BURN it BNB can be considered easy investment imo, unless they get hacked or do something to lose credibility haha then it could drop fast so buyer beware!
No I disagree. A whale can buy many BNB to pump the price and then dump it. Be careful. Right. Good luck to current buyers. If the whales (or whale) get out of the game. The whale could be Binance as it is their own coin. It could be like when Justin Sun sold his TRX at 0.25 USD at the start of TRON.
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I would probably sell. We still would like that it increases more. But there is more chance that a lot of people sell their coins.
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Both are good to buy. ETH is more popular, but TRON is not a bad coin and it is developing very fast. TRON is newer than ETH, but it has a lot of potential.
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For the moment, the market is very bullish. But can it continue like this indefinitely? Only some coins are really gaining more value. I don't know why BTC went so high. Was it a coordinate move by the exchanges? It could be as some of them were losing money. And i suppose also to pump BNB coin which is now at its top price. The crypto market can be manipulated by the exchanges. It is not bad for traders and investors who bought at a lower price.
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Bitcoin SV has already crashed, but it seems that it won't be abandoned. There is still some supporters of it apparently. This event gives a little more advantages to Bitcoin Cash (Bitcoin ABC).
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Do you think that BNB could replace ETH? Because that is their goal apparently if you look at some BTC news websites. I don't really like this as cryptocurrencies is going to be centralized by only one company. And their coins is only a copy of Ethereum apparently. They are getting too much power as we have seen it with the delisting of Bitcoin SV. I don't really like BSV, but Binance is getting too much power on cryptos companies. But it is the people who are going to decide what is the future for cryptocurrencies.
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Doing bounties and participating in airdrops. But it surely won't make you regain your loss if you bought at a higher price. Coins giving dividends can also give you something each day. But the problem is to know when to sell them and not be tempted to buy at the top price.
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Forks of bitcoin generally don't finish well. Look at what happened with the promising Bitcoin Private or Bitcoin Gold. Only Bitcoin Cash is still supported because of Bitmain.
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It can be maintained at a certain value if the creators of the coin decide that the coin should maintain a certain value. But it would become a stable coin. Some coins are surely being manipulated to stay at a certain price. The good thing is if you want to buy or sell a coin, you don't need to worry about the quantity of USD or coins you want to sell. Now, if you want to sell a big bag of coins, you are going to make the coin fall. Or if you want to buy a lot of coins, the price is going to increase a lot. Because of this, it is safer to only have few money into the crypto market.
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