To my knowledge the first cryptocurrency was Bitcoin. Do you agree?
Since 2009 Bitcoin was launched by a person on behalf of Satoshi Nakamoto (aka) there have been very many positive things that have been obtained by people in the cryptocurrency space. Because Bitcoin has a limited stock, thus making the price of BTC expensive and then in anticipation of people being able to invest in crypto, Altcoins were born as an alternative.
Please give suggestions if my post is not correct.
No, there were a lot of ideas before Bitcoin was invented and we have seen Web based payments namely Paypal, but Bitcoin is the first cryptocurrency in the world, which has a blockchain and is still being developed. There were a lot of ideas before Bitcoin was invented, but we have seen how Bitcoin has survived to this day and it's great https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/ |
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Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
There are two options if you want to stake on a crypto exchange, stake on a DEX or CEX exchange? there are many options, I always look at high APY before staking, choosing a platform that has been audited by Certik or other audit team to be able to convince me before staking on the exchange. you can choose the duration of staking you want, 30 days or more, make sure you choose a trusted platform before planning to staking,I use binance exchange for staking |
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I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.
I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.
But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?
Some words of advice would be really good. Thanks.
When you decide to buy tokens and enter the presale, it looks like you have done a lot of research before you started to invest in the project,i have visited https://www.dextools.io/app/pancakeswap/pair-explorer/0x605b6e29e3daab97b45d825438c532c14876d782 and the trading volume looks good. the price is slowly starting to go up to $0.0095 usd, if you want to hold this coin for long term then that is an option as they are still active on social media and as I said, the token price is slowly going up and it looks good. |
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I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.
Is there no independence in the cryptocurrency world?
Thank you!
you can see when Bitcoin was created and when altcoin was created, I don't have a list of the above, but you can search in google for their informastion. Altcoins always follow the price of Bitcoin because the market capitalization of Bitcoin is bigger than altcoins, you can see it on various sites such as cmc and coinecko, when altcoins are at the top / not following the price of BTC? probably after other altcoins have a bigger marketcap than BTC, but it's hard to see that, because many Hodlers don't sell all their Bitcoin holdings like on this list https://btc.com/stats/rich-list |
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I was amazed by this news of 14 years old and his 9 years sister making a living through ethereum mining which generates them $32k monthly income, this is so incredible and highly commended, the kids use their old gaming computer to start up this amazing business and there are already expanding. I guess our kids are already taking advantage of the gains of blockchain and are already doing amazing stuff through the blockchain. Link: https://finance.yahoo.com/news/14-9-years-old-making-165453877.htmlIt seems he have both good parents, a child like him still likes to play with his friends, if he to mine ETH without the help of his parents I think it's cool, cryptocurrency is famous for its technology and fluctuating prices, hopefully more children can profit like him, so that everyone knows that mining ethereum is not as easy as in the article, requires good skills and computer equipment to be able to mine ethereum coins |
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There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.
Don't always be patient and wait, trade some new altcoins or you can stake and farm on exchanges that offer high APR and I think it's a great idea when you plan to do Hodl. Put your coins for 1 to 2 years in a cold wallet and waiting for the target price to be reached is a good decision if you believe in what you are doing, but it will be difficult if the target price is not reached, therefore choosing a top coin for the long term is a good idea . |
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I think you can DM and email the project team about the tokens you have to get a solution on that problem. I've experienced the same thing, but the project developer will always provide time or solutions for the tokens I currently hold, like my case i have NOW tokens and the team is currently migrating to the BSC blockchain, the problem i'm having is the minimum amount of tokens i have to send to exchange for new tokens, i can exchange whenever i want for the minimum amount of tokens they charge, but the fees on the Ethereum network are very expensive, I better buy new tokens and leave the old tokens in my wallet. |
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Now kindly suggest some altcoins those have potential enough to grow 40x to 50x within 4/5 years and Kindly explain your logic for supporting those.
How many portfolio do you want buddy? you can see Solana,ADA and other coins on coinmarketpcap. I think I don't need to explain these two coins, but currently I have SONAR tokens and planning to buy ESCROW tokens, to see detailed information please click the link on my signature. |
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The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
For now, yes, if we look at the dominance of Bitcoin based on the crypto market cap on the coinmarketcap site, it is more than $850B marketcap but in the future we will not know if BTC will still be at number 1, because if we look at the supply of coins from ETH more than 100 million and Bitcoin 18 million then Bitcoin is more popular, of course BTC is superior because if Bitcoin is not created then we will not see ethereum and other altcoins. |
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Isn't this a very long and continuous issue change?
There are several projects that claim that a latest platform can beat Ethereum. Like BSC, Tron, Polygon, and so on.
But are they able to defeat him?
Not necessarily, so far it can't.
as far as i know, users and developers will choose the platform they want, high transaction fees make users choose blockchains like Tron and BSC to get lower fees, we only need $1 to send USDT with Bep20 network and $10 for withdrawals on the ethereum network if you withdraw funds from the exchange to the wallet, in this no case, but users will prefer low fees to make transactions. |
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I have invested Raydium, SOL,STEP Finance .
They have given me GOOD ROI. Try to invest in solana project. this is Solana bull run
The price increase is probably due to Solana price reached $62, I only have 5 token lists on the Solana network but the price has remained stable and has increased slightly, not reaching 100x the initial price as in your list. Currently, only 302 projects are in the solana ecosystem https://solana.com/ecosystem and I hope to invest in some other new projects to get a lot of benefits for the long term |
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There is no roadmap update in 2020 and 2021, I think you can ask the development team about it, I also saw coins listed on 3 exchanges and it looked good at that time. but the trading volume will affect the price of the coin in the exchange, you can sell the coin if you think you have made a little profit or you have a little loss, because there are still many potential coins and currently there are many projects that have ideas like Entry.
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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.
Every investor has a way to take profit, Hodler is a good choice when the market situation is bearish, I will hold altcoins that I think are good for long term investment and hope one day the price will rise to 1000%, there are 2 lists of coins for long term investment long like BTC and ETH, but there is no guarantee of profit when you need money if you sell your portfolio when the market is down, DYOR |
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What is the maximum supply of ADA coins when the team does Hardfork, I believe all altcoins can compete in the top 5 coinmarketcup rankings, however some new coins keep coming and I see Ethereum will Fork and Eip-1559, I believe this will increase the price of eth due to limited supply. Cardano has had a good market cap, so far I don't think ADA will replace ETH any time, because Ethereum take a long time to achieve all this |
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I hope to be able to return to June and July when token transfer need low gas fees.
Hardfork is part of eliminating this problem, there is currently nothing we can do, in fact I need to pay at least $25 for gas fees at Uniswap, my current choice is to use the BSC network because their transactions require low fees.
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Have you ever calculated how much of your total capital is in cryptocurrency?
In my case, i have 60% of my money in bank accounts, 20% in stock market, 5% in cash and only 15% in crypto.
50% of the capital I currently have is for a beverage business and 30% I put in crypto then 20% in real investments such as land and buildings. I never put money in a bank, but I will fill in the minimum balance for fiat transfers and deposits to make crypto trade transactions from bank to exchange. Since every coin in crypto has a price that fluctuates, then I only dare to put 30% and the rest for investments as I have chosen. there are many choices, but I live in the countryside and need a real investment and business because sometimes the internet network at my house is bad, that's why I choose to put 50% for the business beverage coconut. |
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not as easy as turning the palm of the hand. bitcoin is the first coin to exist in cryptocurrency other than that the total supply of bitcoin is very limited. it is impossible if other crypto coins can match bitcoin's record, for me approaching bitcoin is difficult. can only occupy the 2nd position like ethereum
That's true, but some altcoins try to do their best for the advancement of cryptocurrencies and until now the altcoin that is approaching Bitcoin's market capitalization is ETH, I think nothing lasts forever, maybe there will be other Altcoins that can shift Bitcoin's position in the future, but I don't know for sure when it will happen, because I also hope that Bitcoin will be number 1 and altcoins will follow the price movement of Bitcoin |
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The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.
Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
I don't think Cardano replaces Ethereum because of the high gas fees Ethereum is a smart contract platform that has ideas and technology with a good level of security. As I have seen, Eip 1559 and Ethereum 2.0 are continuously being developed and if you think ethereum will be replaced by Cardano due to fees and coin prices then all the decisions are with community members and users, now you can see Ethereum in 2nd ranking with a big market cap |
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That's true, but you should choose a coin with a big marketcap like the current top 100 to 200 coins. if a coin has reached a new ATH then the coin takes a long time to reach a new ATH again, because the market situation is very difficult to predict, then the advice you give is Hodl. Hodl is good for long term investment, but you need to give it time to make a decision when selling it. |
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-snip- Any help, suggestions, and/or recommendations will be greatly appreciated. Thanks in advance.  I am currently collecting NFT cards from OBR platform and game characters from Etna, I know there are many new gaming platforms providing NFT for free with giveaway, but finding an NFT that has a good price is very difficult because buyers always see how good the art is in NFT and the functionality and usability will make the NFT worth it and I'm currently using this link to see games that have NFT for collection as we play https://playtoearn.net/blockchaingames |
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