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It will not, Ethereum has a solid community, platform and partners, but I always doubt that many of the erc20 token that are using the smartchain could be, and many of the old project has been died already and they are gone, that is the saddest part, there are so many good project before but now, they are not existing and the others are discontinued it is because of the old time problem of eth chain, very slow, and the high transaction fee, and that is the problem that ethereum must be address.
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And very important:
SUSHI, AVALANCHE and IOTA are all active coins and bringing innovation. Always chose innovative coins and avoid old coins. Old coins like Tron, Ripple, Cardano and EOS have a very limited potential for grow, because new, technically advanced coin will outperform it! I agree to you with this, we must choose coin that has an advance technology and offered long term solution for every problem that has been faced by an old coins, we can see today that our technology is evolving, so the coin/project must be ride on this trend. |
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Pls I need help and genuine guide.
Can I know which best Altcoins to buy & HODL.
I have bought
Doge
EOSdown
EthUp
XrpUp
Hotcross
I also sold them when crash started.
Now it seems market is picking up can you guys help with what to buy and hold and it will get good x1000 in few months
Go to defi project, because most of defi project are offered a long term solution for steady and passive income plus they also offered variety of project like swap, gaming, lending etc. SO that is the best coin/project for long term investment. |
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They provide leveraged yield farming with huge APY, but is it safe, or the risk to have your position liquidated is high?
Always compare it to other platform that are similar to it, now if they offer the upgraded and secure system, you will try to put your money on it, consider also the APR/APY is they offered a good return or profit compare to other? how about the inflation? they have the concrete solution to cover the high inflation? that is the most common question that we are look upon in someone's project. |
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My simple answer for this is, simply because they are "MEME" coin and meme project, there is no serious matter, driven by hype and popularity, for short period, not stable and not sustainable because they are "MEME".
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Yes, but always consider that if this coin follow their roadmap and whitepaper and also if they have an community to support the project, because everyone of us has their own bet and what coin we like and dislike, but today if learn the importance of trading and begin to learn how to earn profit, you begin to set aside favoritism you'll begin to look on the project that you gain benefits.
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Well as people have been saying for months, Tether is crap, and the entire price of all crypto is traded in Tether, which just happens to have a CAP of $63Billion USD, but only has $2B of real assets ( aka cash )
So right now they just lost $3B ( now $60B ) that means if the first to leave already got their 'cash', then there is no cash left for the bag-holders ( HODLer's )
It will not happen, as you can see Bitcoin are not only faired with thether usdt, it also faired with many coins and token and also faired with BUSD, USDC, TUSD and much more, even USDT collapse BTC still stand on the strong ground and will not affected. |
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Can someone please tell me how new tokens are added if the cryptocurrency is mintable erc20 token.
As far as i know there is no erc20 token that are minable or it was a POS, you can get that token via ICO, there are very few erc20 are made as POS, but today Sushi swap offer staking for some erc20 token. |
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There are many tokens issued on smart contract platforms which are backed entirely by Bitcoin. You can exchange them anytime to Bitcoin (and vice versa) at a 1:1 ratio. This is good, because you can use Bitcoin for decentralized applications without the need to use another cryptocurrency. Blazing-fast transactions and cheap fees (depending on the Blockchain in question) makes the Bitcoin-backed token suitable for "De-Fi". Now, it's a matter of time which of the Bitcoin-backed tokens will gain massive traction in the mainstream world. Will it be Wrapped Bitcoin, Bitcoin on Binance Chain (BEP-20) or RBTC? So, far WBTC is in the lead with a lot of liquidity on the market. But it's not a convenient solution for "De-Fi" because of the high gas fees and slow transaction confirmation times on the ETH blockchain. It seems to me that Bitcoin (BEP-20) on Binance Chain is a better choice (although it's not as popular as WBTC). Which of the aforementioned tokens you think is best? Your input will be greatly appreciated. Thanks.  I'll always go to the smallest and cheapest transaction fee, because every expensive fee that we pay in one's network is a valuable money enough to meet our daily needs and to feed our family, so what ever it is, I always find the good one with a cheaper fees. |
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This is why I hate communism, but at any rate, they don't stop this crypto revolution at any cost, people now are widely open their eyes and we don't want to control our life, finances and everything, so this news about china is nothing to do with cryptos. |
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Everyone who knows about DeFi, knows about Unicorn Token, and UniSwap, and probably Compound.
These are Ethereum ERC20 Token Smart Contracts, and there is another half to it, TRON TRC20 Token. The TRC20 is Free to make, and allows you to copy and part your ERC20 Solidity contracts into TronScan with just a few changes like your wallet address. TRON copied UniSwap and made JustSwap.
So, TRON and ETH are the main platforms, and there are currently several places to list your ERC20 Tokens on a DEX manually, but the ERC20 bar to entry is a little higher since it is not Free.
And yesterday, TRON put TRX in the Steemit wallet, so now there is a TRON Link Wallet in your Steemit account.
This means soon Steemit will be a place to not only earn money, but launch a Token. And people may think "doesn't Steem-Engine have Tokens? Aren't there SMTs?".
But I would ask anyone who does not understand this, to look at Bitshares Assets, found on the Cryptofresh Website by Googling Cryptofresh Assets.
Those Cryptofresh Assets were being traded by the Original Steemit Witnesses in 2016.
Bitshares Assets cost about 1 BTC to make, Steem-Engine Tokens require you to use KeyChain, and buy ENG, etc, it is not straightforward for a new person, and neither is ERC20. But TRC10 is.
TRC20 are Free unlike ERC20 (both are the same and Devs can copy each others code)
So now we will likely see hundreds of people launching TRC10s on Steemit, and building TRC20 Smart Contracts which interact with Steemit. TRC20 Steemit rewards Bots, etc.
So now DeFi has a Source of Income, as Steemit is one of the only places a Cryptocurrency is rewarded for real world effort, and is how most normal people understand "earning". So there is now a layer of Finance that wasn't there before.
DeFi now does Social Media.
DeFi will now not just be Discussed on Social Media, but is part of Social Media.
Currently DeFi is for ETH Miners, Maker DAI users, Bitshares groupies, and Bitcoin foundation types. So, really nobody.
Now, we will start seeing regular people, and even people in 3rd World Poverty, able to reach into DeFi.
Mixing Steemit and TRON Link also brings Poloni DEX and JustSwap to Steemit, which is again similar to but better than Steem-Engine. We are about to see a whole new way to look at Cryptocurrency apart from its "Digital Gold" image it currently holds with Bitcoin, and we are about to see everyone start to get involved. And TRON is just doing this first, there will be plenty more.
TRON and STEEM are both not a new Token. Not like UniSwap or JustSwap are each on a chain, these are now 2 Blockchains with different uses, coming together in the Wallet. One of which has dApps that live in the wallet.
You need to use it with caution, some weeks ago pancake bunny has been hack, always look of defi paltform specially the security they've offered to their investors, security is one of the backbone of every defi project, DEFI is good but you need to look on the safer side on it. |
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The worth of every airdrop is depends on the project, if they succeed well the token that they've giveaway may have a good price, but the reality is, many of these airdrops become worthless because many of the coin/token doesn't survive on the high market competition. In your question if it is worth, yes but I would suggest that you choose airdrops and bounty that are base on BSC because just incase you receive your reward you can easily transfer it in exchange your coin are supported with a low cost of transaction fee. |
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The sharp drop means bitcoin had temporarily erased all its gains following Tesla's announcement that it would purchase $1.5 billion worth of the cryptocurrency. It was also down more than 50% since hitting a record high of $64,829 in mid-April
is there any other cryptocurrency that can be rise n future ? if yes then proper details which one is ?
most of the alts that listed on the top 200 in CMC are moving together when the market is down nor up, now it's up to you what coin you want to buy and hold, but always look on the strong side of the project and the community that are accepting the coin you want to buy and hold. |
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I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
You need to look on the APR/APY of the stake the site has offered, plus the fact that when you begin to stake you need to lock up your eth in several days and during that day you can never use or withdraw your token while in the stake process, there are site that there is no lockup period anyday you can withdraw your coin, but always remember that there's always a risk in doing staking, because you can lend your coin onto them, make sure the site you are using is legit. |
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Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?
Not those with fake followers and retweets but legit sphere of influence.
You'll be hurt if you follow advice from some influencers, it's better to study and do your own research in every each project that you want to enter, it is your money so be very careful to buy some new coins/token much better to buy some old existing coin that has shown their capacity and stability in several years, at least your money are safe in these kind of project. |
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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!
Not actually but almost all of altcoins affected when the price of bitcoin moves up and down, all alts have their own platform and governance but we cannot deny that the bitcoin influence are affecting the alts market. |
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It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.
Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.
Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.
Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.
A few years ago, I remember that there's a few coin with a good project are develop and launched in the market with a good price but lessthan a year these project are dead, now it's our choice to choose a good and stable project, that's why I'll always suggest to go to some good defi project like sushi and pancake, these project made for long term and you can also earn a real passive income by staking cake and other coin inside their platform. |
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RIP to John, it's a sudden news we cannot deny that even he became a hype to so many shitcoin, he open the door of cryptocurrency to many well known personality even celebrity and part of that is John's legacy. I think he is in a deep situation and I don't believe it was suicide. |
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Pls I need help and genuine guide.
Can I know which best Altcoins to buy & HODL.
I have bought
Doge
EOSdown
EthUp
XrpUp
Hotcross
I also sold them when crash started.
Now it seems market is picking up can you guys help with what to buy and hold and it will get good x1000 in few months
Sorry to tell, but the coin in your list are all shitcoins except EOS but not EOSDOWN lol, you will lose your money by holding that coin in the long run, smart holder holding a coin with a strong project not base on hype by other person, If i were you, start looking on defi coin like, uniswap, pancakeswap and platform like that. |
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