in theory, all altcoins have a possibility of exponential growth of their value especially following the growth of bitcoin, but no one can know for sure, but most of them, once they reach a low value, never rise again in value especially if they lose the interest of the public, better to bet on coins with great potential such as btc, eth, bnb, solana, polkadot
Altcoins that don't have projects that can compete with other projects on the market will be left behind by the community. when there is such an asset, then after the dump they will have difficulty in adjusting the price again. top market assets are the best choice to enter the market. although its value is decreasing in the dump market, in the long run, there is no need to worry about it. |
|
|
|
looks like the 3$ target has been reached by cardano a few days ago although then it immediately went down due to the sudden downturn in market conditions. next may be heading for new ATH when the next bullrun starts, lets start with 5,7,10$.
hope that it can happen when many projects will enter using the Cardano network ecosystem. so it all depends on the market's interest, the bigger it is, the better for the Cardano price. and it will probably compete with ethereum and BSC. or maybe with the newer solona. |
|
|
|
I have found an easy way to make money since joining the crypto community. There are many ways that need to be done here to get results, including becoming a bounty hunter and becoming a trader so that with the results of the work I do in the crypto community, my economic situation is getting better. and that's how crypto has changed for the better my economic situation.
so you live off the bounty campaign you follow? is that really enough? see now there are not many projects that pay with large allocations. everyone who has stayed in the crypto community, whether with bounty campaigns or trading I think has benefited so far. after all, crypto has changed many lives and the lifestyle of everyone who is in it. |
|
|
|
I also believe that there will be another bill run that might happen before the end of 2021, The legalization of Bitcoin on Ukraine and El salvador will surely have a big effect in the price soon, I also believe that there is another great news that may come next few months, so it is already been expected that there will be another bill run before year end.
Let's wait for the contents of the other bill in the next few months, because overall Bitcoin has been seen very well by all parties and they all like it even if it is not put into words, so the possibility of a price increase is still very possible. I guess when more support from the increased market adoption it will certainly make a bull pump come again. for the rest of the year, I think there's still a good chance we can get it. we still see that there are several new projects getting success this year. when there is more successful it will grow trust in the crypto market. what we're going to look at is a brief and gradual pump. but beware of the correction that will also occur. I think this situation is reasonable. |
|
|
|
|
I have confidence that the market situation will remain different from 2017 or 2018. the upcoming bears may indeed disrupt the current market. but I'm sure the situation will not be like in 2018.
Market support conditions are also different for the time being. see many new projects developed from various existing ecosystems getting success. I guess too soon we'll see the bears.
a market that is experiencing a decline due to the trend created by bitcoin. while many altcoins continue to gain market strength after correction. I believe we are still in a safe market at this time to start or hold assets.
|
|
|
|
The FOMO of holding an asset like that makes it hard people to become a strong holder and that's not necessarily a bad thing. even in some investment had FOMO it is a good thing. If you have decided to become a long-term holder, you need special confidence dan faith in what we invest in.
Fomo is only for short-term trading by targeting take profit when the Mainnet is released, if you follow fomo then there is no guarantee that your assets can rise after falling because the fomo trend only lasts for no more than Q1, you better choose top coins because there is still hope for assets will return even after the Bearish market. that's right, FOMO would be right for short term assets. they new projects are used to doing it. but remember, having to hold it in the long term is too great a risk to dump after the rally is gone. that's why people who sometimes get stuck in such investments are those who can't control their emotions well. |
|
|
|
|
I'm sure it's not over yet. because there are several more projects that continue to be launched in the ecosystem. and every sale will surely make great attention. of course this will make the price of SOL also increase again. the situation will improve again.
|
|
|
|
yes this is just the beginning. and there will be many countries that will follow suit. CZ knows this, because he believes bitcoin will be adopted by all countries in the world. el salvador being the first, and i read yesterday news ukraine started the discussion to legalize bitcoin and crypto. they have come to draft laws and are currently under discussion. it's like a domino effect that is interconnected. and it is possible that other countries will follow this step
it depends on how the outcome of what El Salvador does. I'm sure now many countries will pay attention to El Salvador about how their country's finances are managed. especially some of the problems that are feared by many countries about the use of crypto and bitcoin as a means of payment. but this is really the beginning of a change in the future. |
|
|
|
I think this is a crazy idea, could it be that we are starving with no hope other than selling bitcoins? if 3 days without eating we can die, selling a little to meet our food until we have another source of money is the wisest thing, don't worry because we can buy bitcoin anytime even today we can buy cheaper because the price drops more than 10% .
why didn't the OP think of splitting his bitcoins into 2 plans? for the long term and day trading. day trading for short profit and it can be for subsistence if only need to eat. and others that he keeps for the long term according to the plans that he believes in. but indeed, the OP is absolutely insane if he chooses to starve to keep his bitcoins. but I'm sure it's just an expression to convince that the bitcoin assets that he owns are really valuable. |
|
|
|
Ethereum can be the next real store of value, but people still prefer to use bitcoin than ethereum. The ethereum price is more volatile than bitcoin because ethereum follows behind bitcoin so when bitcoin is down like what we saw, ethereum and the other coin will just follow. Many altcoins follow to go down and it is waiting for bitcoin price increase again so the altcoin will also follow increase.
that's what mostly happens in the crypto market. Bitcoin's dominance is still unbeaten and that causes bitcoin price movements to affect the overall crypto market conditions. including ethereum assets. ethereum has grown to be a great asset. it is natural for everyone to speculate highly on the future of this asset. but to align with the functional bitcoin of course everyone will still choose bitcoin no matter what. |
|
|
|
if it's like this, and many fake tokens are found in our wallets, I think we can move assets to other wallets, so that what we see is our original token of value. sometimes we are made uncomfortable with the number of fake tokens. and don't let us take any action against the token to avoid bad things
it's useless you do it. even when you move your assets to another wallet you will get another junk token. I experienced it for my BSC wallet. and I think for every transaction we make there will always be spam from junk token transactions that enter our wallet. |
|
|
|
I think DEFI is still a mystery and the developers will help us see a lot of things with their improvements. DEFI has only been around for about two years and has already gained massive amounts of money locked into the protocol. We still have a lot of time to expect improvements from new generations of cryptocurrencies.
two years that made the growth of the crypto market tremendous. the market is really getting its strength again from project defi. indeed we will not know in the future this will be the main choice or there will be other alternatives. The bank until now is still the best in financial management which is considered by everyone. |
|
|
|
if its not legalized why we are here and why i can use my cryptos to buy stuffs ?
it is legalized mate but maybe not all countries are doing it but despite of that i think they also know how useful crypto was but their bad side or selfish side overcomes them .
your statement was correct but for the last part i think that altcoins are created mainly because btc was slower and expensive back time but btc improved a lot lately .
because every country has different regulations on bitcoin and crypto. some have legalized bitcoin and crypto as futures investment assets, some have legalized bitcoin and crypto as legal tender. as did the government of El Salvador regarding the use of bitcoin as their legal tender. despite much opposition, they still do it as a payment alternative to fiat. but in some countries, there is only bitcoin and crypto legalization as a futures investment asset and cannot be used as a means of payment. although some still use it. there are no restrictions on the ownership of bitcoin and crypto assets. |
|
|
|
|
If your considerations are for the long term, I must say it's never too late to own bitcoin.
but if you only think for a short profit for you to get, believe me, the situation of the fast movement of bitcoin can freeze all your money.
|
|
|
|
Correct, Bitcoin wont be mandatory, people who fear it can continue using their FIAT.
This is a great day and will be remembered as the day Bitcoin was made legal tender
(or something like that) similar to Bitcoin Pizza Day??
Anyway, yes its going to take time for widespread adoption in El Salvador, there
are of course the skeptics but as they hear and experience from their fellow citizens how
easy it is to use and that they actually have control of their finances the skepticism will wane.
at least, what the government of El Salvador is doing can be material for consideration and evaluation for countries that are still unsure about the adoption of bitcoin and crypto as legal tender in their country. most countries are screaming about taxes and money laundering which crypto and bitcoin are so vulnerable to. and we can see how a country that rises with bitcoin and crypto will overcome it all. |
|
|
|
|
Lately, there have been a lot of communities talking about the solona project. as well as several projects built with the developed ecosystem.
what's happening now, the price growth is extraordinary for this month. and I don't think their holders at the beginning would not have expected the success achieved by the current project.
to determine the current price is still good to enter or not, I still doubt the current situation.
|
|
|
|
How should we manage dead coins?
There is no way to manage dead coins if the developers walked away, you can use a new wallet so you can leave your wallet where all your dead coins are stored Sadly, such method not always help. I used to have a wallet with dead or garbage coins. This forced me to create another wallet and move most valuable alts with me. But then it got loaded with that crap again. Specially in last quarter, BSC wallet mainly. It got fillled with scam tokens, which I usually receive almost every 1-2 weeks. These 30+ airdropped scam distract me a lot. Honestly, it's starting to annoy me. every transaction made with new tokens on the exchange or with old tokens on the BSC network, there will definitely be trash tokens that enter our wallet. I'm sure, even if we change wallets, there won't be a solution for this. |
|
|
|
can and it is not impossible for ethereum. but it won't be happening anytime soon. maybe during the next bullrun, and when that happens ethereum will reach a new ATH which is above 10k. I'm sure this and everyone will agree with me. the new ATH target is always 2x of the old one. this applies to all coins including ethereum. just look at the 2017 ethereum ATH which is 2k and the current ATH is above 4k. then where this front will be at 10k. so just wait.
everyone hoped that would happen. and it's not something impossible for ethereum to do. but the market never had a big correction after ATH hit. a thought that maybe we've hit rock bottom, or maybe there's going to be a deeper correction. what is clear is that the market is getting pretty good support. maybe the bull can happen quickly. or maybe a correction that will occur before the next bull. we have to stay prepared. |
|
|
|
The BSC appeared very in time, in fact it was a response to people's requests, because everyone had to deal with an unacceptably high cost of transactions in the Ethereum network, it is obvious that this could not last forever.
But now transactions have become cheap, not as cheap as in the BSC, but nonetheless. I doubt it.
many people will certainly doubt the BSC situation will be like ethereum. although BSC came up as the best solution and grew BNB adoption tremendously. but ethereum is still very strong in the market. I believe binance and ethereum to be the platforms with their best development. |
|
|
|
|
Show Posts
