The existence of smart contracts will solidify Cardano's position in the crypto market, and will definitely make the competition for big coins hotter, considering that Cardano has now ranked 5th on coinmarketcap, let's see what Cardano smart contracts will show.
I think they will not satisfy the expectations of their investors. I doubt their ability to compete with smart contracts giants Ethereum and would end like others who tried to do the same. I expect that Cardano's price will lower down once its Smart contracts would be implemented. Better if you take profit now and try to minimize the risk of losing. that's your hope. but for those who believe in the Cardano community and project of course they hope this update is a success and will build a viable ecosystem. but I see many also doubt the success of Cardano in this update. this is related to a product from Cardano which is not clear. but why have a large community and market? |
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honestly i dont totally understand about ziliqa but if compared with ADA which is show impressive performance in this year, personally i am prefer Cardano as my investment portofolio. Cardano was strong coin in crypto market now and also they will launched smart contract platform which is most waited by community. this smart contract hopefully could compete with another platform that easly exist in crypto market.
Zilliqa doesn't have any news that can make it big in the crypto space, so if we take the percentage between Zilliqa and Cardano, there are still more people who choose Cardano at this time, because they know more about Cardano through the news and developments of Cardano that are notified by the Cardano community. what did Cardano do before the update they announced recently? Cardano also has the same problem. not so much project development. what happened was just a movement created out of community hype. but beyond that, ZIL and ADA are worth investing in long term. We can see this from the trade-off between the two assets |
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Only a few cryptocurrencies have any real benefit, arguably only a fraction of the thousands of new altcoins. The problem is that people's curiosity has no limits so they are often caught up in crime and fraud. Banning can be a solution on the grounds that it is a form of citizen protection.
Moreover, dealing with crypto crimes is more difficult than crimes involving fiat.
that's one of the reasons why bitcoin and crypto can't be easily legalized in a country. That's because the handling and evaluation, which I think will be quite complicated, must be implemented by the country that enforces it. especially those that legalize transaction tools. because most countries do not prohibit ownership of crypto and bitcoin. it's just that the use of crypto and bitcoin is regulated. |
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the most important thing is the coin analysis before merging, the analysis aims to find out how the coin can develop and survive. there are big name coins being ruined and scam. it can't be a benchmark for a coin to be successful and recover. always be wary of any coin don't believe it and have to watch the development of the project team
that's why most of the altcoins already listed on the market don't experience development. that's because there really isn't anyone running a project or market that doesn't get support from the community. such assets will only follow the movement of bitcoin. even what is happening in the market is just a manipulation of BOT trading. |
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If we look at the market conditions so far, it is not really stable,
but even though the market is having a big dump I'm sure XRP could hit $2 in the near future,
Let's see how XRP develops and maybe it's just a matter of time
it depends on what happens to bitcoin for now. that's because bitcoin's dominance is quite strong. when bitcoin is in the stable condition it should be the moment for altcoins like XRP to get the pump. as is the case with new altcoins now gaining support from new investors and markets. but I'm sure XRP still has a chance to make a pump this year. |
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I think everything will have an impact when the bear market comes so there is almost no chance that the coin will go up, maybe some newly released coins will go up but will immediately go down because of the impact of the bear market.
depending on your choice, if you are confident and choose to hold your coin for a few years until the next bull appears, or if you are in doubt you can wait until the deepest deep and buy at that time.
if new coins are affected by a dump that occurs in the market. of course, it would be very difficult to recover its value. that's because their market is not very strong compared to some altcoins that already have a strong market. when it dumps, we can see a quick fix. but it all comes back to the analysis done for each asset. and it also affects our beliefs. |
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Let me start by saying that Elon musk that stopped tweeting about Doge and Bitcoin didn't make people lose interest in crypto, however, I think the correct statement is, Elon Musk stopped tweeting about Doge and that made people to lose interest in Doge alone and this is evidently seen in the price which is struggling. Bitcoin surpassed $50k and that was not because of Elon musk because I don't think he made any tweet which took Bitcoin to such price, thus, this confirms my earlier statement.
People have been developing interest in Bitcoin before he started tweeting and that is because Bitcoin is highly attractive, and currently countries are adopting it and legalising it, thus I can say, the hype is not yet over.
What about Ethereum, the hype within it alone is huge which means it will have a very successful progress year ahead. There are many hype in this space now, and every blockchain platform is trying their best to make the best use of it, while even contributing in increasing the crypto hype and attention.
market enthusiasm grew tremendously this year. adoption is increasing and even coins from new projects are also gaining momentum for this year. everything has its own momentum. like dogecoin with Elon, but overall. what Elon is doing really makes a lot of people interested. although now he's not tweeting, I guess it's only temporary. we will see him coming again. he's not done with the meme he made. all this is not over yet and we will see it happen again in future market developments. we just need to prepare it. |
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from that we are taught about healthy investment strategies and controlling greed. with so many new altcoins turning to ashes, we must be careful in analyzing, on the other hand at least we should continue to invest in major coins, and take lucky actions on new altcoins with little capital, so that our funds remain healthy.
that's right. put our money into the big assets in the market. especially in a downturn, focusing more on top market assets is the best choice. making our own fortune with new assets isn't really that bad. but we must realize that new projects are not always good for the long term. we must know very well when we should get out of the investment. |
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Pancakes are minted according to the incentive to add liquidity so its supply will be limitless. Pancake can reach $100 if the amount of money flowing into this DEFI increases even more.
that means it all depends on the adoption and investment coming into the CAKE market. pancakes are actually really good and popular for new BSC projects. but what is more important and lively, is the staking and farming events offered. it shows that this project will be better in the long run. and I am sure that in the future all the holders will benefit greatly. |
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Cardano (ADA) is scheduled to upgrade its existing network they call it the Alonso Hard Fork. The biggest upgrade of this cardano has privileges capable of facilitating smart contracts on its network. If the cardano smart contract really happens do you think cardano will be able to become a rival to bitcoin, ethereum and binance? Your opinion its appreciated in this discussion.  It's not time for Cardano (ADA) to compete with Bitcoin, Ethereum and Binance, to compete with these three coins is not an easy thing for Cardano (ADA) right now, but the improvement that ADA has done has been very good for the development of people's interest in the future, it takes many changes to make Kardano (ADA) exist and survive in the crypto world, a lot of development they have to do, but if they intend to compete with these three coins, I think this is not possible at this time. and what is being shared right now is an update to that competitive endeavor. it is not impossible that Cardano can reach and align with the development of BNB or ETH. which many people have questioned how Cardano drives their actual use for the progress of the platform and market development. while looking at BNB and ETH which have moved very far. and Cardano which is felt to have not done any development. and right now I think what Cardano needs is big support from their community. when they succeed I believe the movement of market trading will probably change the adoption going on in the market. |
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it seems banana is not as strong as CAKE. they are almost the same but I believe CAKE is still superior.
banana is at $10 I think it's really good for this year or next year.
if what happens this year is a big dump in the market, then BANANA's ability to achieve that target will be even more difficult. how support from the market is very important for BANANA's growth in the market.
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If you believe in it, there wouldn't be a reason for not investing in it. I believe in some projects too even when there is fud about it from other users. But what you can do is believe more on the chart you see. If the price of the project you believed in has already skyrocket in the past, you will profit more when it goes up again. So dump it when you see the price had also skyrocketed to its ATH.
Trust in the selected asset is very important. but before that, we must have the skills and knowledge to choose a good asset. do not choose the wrong asset, especially if you have to hold it for the long term. because everything I think lies in the assets we choose. when we hold good assets, then trust can certainly grow by itself. because we know the assets we have are potential assets in the market and for the long term. |
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I don't think meme coin is a good investment since it won't live long, making it highly dangerous for you to invest in it. That's why I never invest in meme coin because I'm scared I'll lose my money if I do, therefore my suggestion is to invest in a cryptocurrency with a project and product rather than meme coin.
many have advised not to enter the meme coin. too much risk to be taken. although there was a strong trend this year, I'm sure now many people have seen the meme project which ended up being a scam. looks like meme coin will be finished soon. |
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I suggest holding Ethereum and Cardano will continue to rise, for the ICO trend in September this is still a new project that looks promising, I've invested around $250 to participate in 4 ICOs, namely RigoBlock ICO, Eloncity, Koinomo and Lovely. I hope to get at least 10x profit before December.
well, ethereum hit $4k this month. although it's still not stable, but it looks like the first popular altcoin to catch the eye is ethereum. XRP has also given a signal to go up little by little. however, SOL has gone up 34% since the last 1 week, and that's a pretty high gain. as well as LINK and LTC. looks like it's a pretty good coin to watch this month. ETH growth is amazing at the moment. this makes a strong signal for the growth of other altcoins. agree with LINK, I like it and also MATIC and AXS. looks like this month I will focus on some assets with good moves for day trading. |
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I'm sure everyone has different goals in buying assets for investment. although everything is of course to gain profit, they have a different plan.
Hold and staking are both good for the long run. more people may now start to like staking because in addition to holding for the long term the holder will also benefit from staking.
I stake for some assets. but also holding for some assets which I think are too risky for us to stake.
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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.
It is difficult to know in advance when to sell long term held Altcoin. But I think you should sell only when you have some profit. Because if you expect more profit, you may lose all your profit. So don't be too much greedy. because people who don't know when to enter and exit the market are bound to lose. Greed is the main trait that is a problem for crypto traders and investors. they work without good trading and investment planning. as long as the price goes down they buy. and sell it when the price goes up. very simple, but without planning and analysis what is done can result in losses if market support does not match expectations. what happened was panic. |
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Now staking is the best way of passive earn. Cake and Baby are both the best staking earning sites for me. Cake still offers 100% staking rewards. It means 100 Cake will generate 8.33 Cake every months (calculated today) where Babyswap offers 120% staking (according to the present rate calculation). I am staking both coins. It's very good passive income opportunity to me in times of bearish market when most of the coins are huge in huge losses.
do you have an analysis to see the correct prediction of the cake or baby potentially bro? I think the risk of staking is too big and maybe not everyone can be in that position. indeed cake can be a profit explosion for us, but it must be with a lot of big analysis actually under market conditions in a good rally will not be so profitable staking. I actually prefer current trading because the momentum is also good with the right market support. many assets get a price increase. while for staking, I think it will be profitable when we are in a long correction. but everyone's strategy is different. I also had time to stake CAKE, but I have withdrawn it to trade. |
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No one can be sure the project funds will be safe, a lot of them scam by selling all their coins make softrug when the price starts to rise. But we can trust projects that have passed the audit obtained from reputable auditors such as certix. the possibility that a project will be scam after being audited by certix will be small.
That's right after an audit of the platform it will be less likely to scam. but the risk to our funds is still there. because when the token is traded the price can fall immediately. not a scammer, but this is related to the market capacity of the new project which is not very strong. |
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Ever since Vitalik created Ethereum, the project has been on a road towards non-stop success. It's been around 6 years already with ETH being the world's second-largest cryptocurrency by market cap. Vitalik's skills and great mindset will keep the project afloat for a very long time. But sometimes I wonder what will happen with Ethereum without Vitalik in play? The community could keep the project alive, but without a genius mind like Vitalik Buterin, ETH will be one step behind of its rivals. At least, that's the way I see it. But I could be wrong. What are your thoughts? Your input will be greatly appreciated. Thanks If ethereum does not survive without vitalik, its mean ethereum is not decentralised and its mean people buying and using it just because they trusted vitalik but not the network. Look at bitcoin, its still survive without satoshi nakamoto. Strong decentralised and open source project will still a live even after the founder is death. bitcoin and ethereum are very different. You can see what happened to some of the projects that were left by their top brass. or maybe just replaced with someone else. the situation is mostly bad even though their market is already pretty good. but ethereum, without a founder. I believe this has a very bad impact on project development. all cannot just focus on the community and the market. |
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