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Many crypto enthusiasts would probably say that it's a big no and impossible for shiba inu coin to beat bitcoin in all terms. Although possibility might be a factor but it's too hard enough to think that it could beat bitcoin evwn for a decade. In terms of fame and popularity, nothing could overpass bitcoin and not even in terms of it's successful outcome and also the supply and demand of it's volume in the crypto market, so it's impossible for a newbie coin to beat a hall of fame one.
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I believe that XRP ripple would achieve that $5 target price and not just that, it could surely surpass that in the near future. I think in the next bull run XRP would rise and shine just like bitcoin and ethereum coin. Butnow, XRP slowly has an increasing progress and definitely and potentially could climb up it's price very soon since it is a top coin.
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I think top coins is always right time to invest with, but if you have invest a year ago, maybe now you have a bunch of money by ethereum's big increasing price now, because last year it's just around 300 usd the price of ethereum and now it boom to a high peak price above 4000 usd. Maybe now it's not yet late to invest with since it has the possibility to increase more.
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You're plan is too risky because i think not all altcoins are going to pump in a long term investments, however there could be aome few who's going to be a good altcoin in a long term investments but it's rre nowadays since cryptocurrency investments invloves risky options. I think you should better research and investigate further of what you're planning to invest with so that you won't regret the outcome in the long run.
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As many have said that burning a coin could be good for a project, it can create an upward pull or increasing effect for the price of that coin in the crypto market since aome of it burned or lessen it's circulating supply. Buring coin projects can be a good for a long term investments, burning coins could also incentivizing traders and investors, also it could maintain the price peg of stable coins.
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As a crypto enthusiasts, i just want to tell you if you enter crypto investments you should always know or invest only you know what to lose, i think 200 bucks isn't that big enough and a good starting point to invest on some altcoins. I also think that as a beginner, i advise you to invest the half to top coins only and the other half is to invest on some what you think a good project and that's your experimental way to invest, if you lose the half you always have the half set aside for good term of investment. But if both half are successful, then you have the good way of investment such that either way you could earn profit.
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With these times that internet is a part of people's daily life, i think there is no such projects that can handle and progress without the use of internet, all projects now need internet to make it fame and known to every investors, traders and crypto enthusiasts. Even for transactions such us transfers of funds surely cannot be done or impossible without the usage of internet.
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That's right, cryptocurrency investments aren't about just following your good guess to invest with or your good instinct. It's about learning and investigating about what you're going to invest if it's outcome is to be successful or not. So, moat importantly in trading or investing, we should know how to take a risk and know the consequences if the project wouldn't become successful.
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I think USDT is a trusted coin and is commonly stable by its value. Several investors and traders tend to atrach by USDT since it is a stable coin such that investors converts it to USDT in order that they may not lose their coin's value when fluctuation occurs at such time. For me, it is a trusted coin and not a scam.
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I think, all crypto enthusiasts here has different ideas about what is to be the next ethereum coin. However, in my own idea i think it's BNB would be the next ethereum since it's platform is taking a good pace just like ethereum, and also it has it's own blockchain the Binance Smart Chain, so i definitely thjnk that BNB would be the next ethereum coin possibly in the near future.
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Speaking ofnlong term investments, the only thing comes to my mind that's very good for long term holdings are only those top coins in coinmarketcap. Because those top coins are highly recommended and are very good for long term investments since they have the potential for you to gain profit in the long run. Some top coins that i am referring are BTC, ETH, BNB, XRP, ADA and many more top coins. You should stick to these coins if you want a long term holdings.
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It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.
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I think NFT would last long if they succeed with their vision and good plans to maintain good reputation on NFT's. However if the NFT hype would vanished right away maybe for some reasons, i think it's just like a temporary hype for several crypto enthusiasts who enters NFT hype. But i hope this trend would last long since some if the projects are successful already and has a good outcome.
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For me, if we enter unto a new project for investment, first we should know if the team is real and not fake, and also their white paper should be authentic and not plagiarized, by that we can assure that the project is genuine and real. After that, we now have to go to the factors that the project ia going to be successful in the long run, like having a good and innovative idea, and strong community such that it is build by a strong team. And that project could be a successful in the long run.
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For me, it's really a hard time to choose what is the best project to keep our eyes with, but it is necessary to atick with orojects that has a good team staffs with a good vision of it's own team, really working for their development even not a big pace but a good pacing strategy such that in the long run the project would be successful.
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For me it's not about competing, but some several investors and traders find it as competing for ethereum platform since many diverts their platforms into BSC chain rather than ethereum blockchain, maybe because of the transaction fees is more lighter than ethereum network. And besides, many projects now tend to use BSC Blockchain as their new innovative platform.
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As ethereum goes so very valuable in this years crypto market, it's gas fee for every transactions also reach its high peak price for every transaction. Gladly BSC comes within another innovative market and made it's own platform, it's now small gas transaction fees in BSC platform and that's the reason why several investors and traders chose BSC, and not ETH.
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DAI could only be an alternative if it's a decentralized DAI, and for me, the best idea to store 1 million usd is by storing it as USDT since it is stable and it's safer as it's grow bigger now. Also it is recommended to store it by BUSD since it also further develop nowadays. But it's only a suggestion and my own opinion, maybe there are some better ideas.
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Bitcointalk profile link: vermigerous
Current amount of posts (including this one): 438
BUSD (BSC) Address for Payouts: 0xA4dA345aa4Dd54f9D35Ed95462E003e9E61fbbAc
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