Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose
You've just mentioned some of the most known altcoins in the market. Choose any of them except XRP since it's got an active issue against SEC so, I wouldn't get my hands on it. how to distribute the interest on them?
If you mean by interest in how you're going to like them. You DYOR and that's how you'll gain interest on them. Because without such and you're just randomly buying them, you'll have no idea of what you're doing. It can also be said by buying these, you don't get an exception just because they're the popular altcoins in the market. And another understanding from this question is how you'll distribute your allocation on them, it's up to you. I agree XRP is not worth it, in the current market cycle, the most promising Tier 1 blockchains besides Bitcoin are Ethereum, Cardano, Avalanche and Polkadot. Better consider more options. |
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Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.
Thanks for your responses.
In 2021, the Solana coin reached a price high of $259.96. After its value began to decline, and the SOL token turned out to be in a bearish trend, in which, like other cryptocurrencies (including BTC and ETH), it remains to this day. According to the aggregator CoinGecko, the price of Solana has already lost 91% from the maximum reached in November 2021 by today. I would recommend storing bitcoin, it is more reliable. |
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ICP reached an all time high of almost £450 in May 2021 but is currently trading at £5.
I understand we are in a bear market but this is a massive drop and wondering if it is worth an investment.
I am not sure if it will get back anywhere near its all time high again but if it was to only get back to £100 that is a 20x from current price.
Is anyone invested or know anything about ICP and if its worth it?
As I read in the forecasts, it is said that ICP is a bad long-term investment. The coin is expected to plummet to $1.826 in a year. There is also a forecast that by the end of March 2024, the coin will cost less than a dollar. DigitalCoin expects the coin to rise steadily, predicting $81.70 by the end of the decade. |
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Hello crypto forum members.
I want to create a quality NFT collection of Elon Musk images.
If he wants a quality twitter avatar of himself as Arnold Schwarzenegger or Jack Sparrow, Captain Jack Sparrow.
How much do you think he will buy the NFT?
I think not for how much, since this is a guy whose name is Elon Musk, as for me he can promote himself well or create NFT, people like him will not waste their earned money, he will think 1000 steps ahead before buying or creating, so that do not torture yourself with hopes that Elon Musk will buy something from you |
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A few days ago, I saw a KOL with a large number of fans on Twitter. He was recommending a project recommended by many KOLs. As long as he followed his guidelines, he could get more airdrop tokens. As a result, when I clicked on the link, connect When my little fox wallet is signed and confirmed, my assets will be reset to zero. I checked the data on the chain, and in a short period of time, he actually defrauded more than 20,000 US dollars in digital currency, which is terrible.
you can’t be so gullible, even if he has a large number of subscribers, this does not mean that he is not a scammer, so you need to be careful today, and in general I don’t pay attention to suspicious links that are posted on social networks and you are advised to do the same to do not become a victim of any scammers |
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Frankly, I am against airdrop participation at the moment. These were quite famous during the ico period. Totally in the times when crypto money emerged before it evolved that much. But right now, airdrop participation has become a bubble, as projects enter the market with the technology they offer and directly with their own capital. That's why it makes more sense to chase the testnet rather than waste time with the airdrop. This is what's popular right now.
I agree with you unequivocally, now at the moment the airdrop no longer has, in fact, nothing worthwhile, since it is already in the past, you won’t earn money on IDOPs, but you will only spend a lot of time on meaningless tasks, and you will receive a maximum of 5 dollars, this is if you get them, if the project is good, so as for me it’s better not to waste time on airdrops |
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If you are confident enough that you have a good use case and a good ecosystem. It's time for marketing your product. If you are trying to build your community, I believe that it is a good start doing it here first and if there's not so much traction here, you can utilize social media platforms by doing introduction snd promotion there. It's important that you feature your purpose and the offered solution to the problem that the project are fixing. You can also do early sales if you get a good interraction with the community. A influencer might help but I strongly believe that no good project needs an influencer.
Yes, I agree that if there is an opportunity to create your own project, then you should start with good advertising to promote the project, take it very seriously and conduct a good advertising campaign in all social networks and on forums such as this one, although now the audience is not very large, that's all there will be demand if the project is worth investing |
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I think investing in some of the top altcoins is great for making big profits. Especially in a bull run situation investing in more than one altcoin will be very good at getting profits. You have to be wise in choosing potential altcoins to invest in so you don't experience big losses.
I think that it’s not worth investing in one altcoin, but it’s worth weighing and deciding on possible investments in several altcoins, since it’s not worth investing in one altcoin, because how can you lose in price, but there is already an opportunity to earn some of them , so as for me it is better to invest in several altcoins to earn some money |
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Keep in mind that altcoin performance can vary widely and should not be generalized across the board. While some altcoins may not perform well, others show significant growth and adoption. Also, the cryptocurrency market is known for its volatility, and it is not uncommon for prices to fluctuate rapidly. Therefore, it is important to conduct thorough research and analysis before making any investment decisions, including investing in altcoins.
I completely agree with you that altcoins are not just trading, it is worth doing research on what the project is like, and only then, having weighed everything, you can draw conclusions where to invest and in which altcoins to invest your hard-earned money, but today the market is not stable at all, so it is very difficult to make the right one choice |
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This Pi network of a thing I haven't really pay attention to it and I learnt it was listed on exchange later run had another news it wasn't the real pi coin so was confused about this manipulation. Although I was shared a ref link to register and starts mining, I was like how can I just downloaded an app and starting mining coin. What just came into my mind was this could likely be scam. The Pi team might be genuine but scammer used their popularity and got listed and steal people's coin.
a completely different Pi coin is registered and displayed in the coin market, which has a completely different price and address of the contract, and the real pi coin does not appear anywhere and has not been flattered anywhere, the developers say that the project is working and they need time to develop the project, but I don’t I believe, I even read that investors announced their distrust of the project |
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What will you do if the official project members are already scammers while you investigate the truth! Well still potential airdrops available but rarely! Many youtubers who promoting valid airdrops programme, they aren’t scammers but affiliating. Although all of them is not worthy. Even bounty Detective still share airdrops links on their telegram but reward is so limited. Anyone can join but DYOR. It is not advised to connect their wallet or sending fund to have eligible for that airdrop
yes, the distributions are very weak now, there are very few airdrops today, and if there is a promising project with an airdrop, then the raft is naturally scanty, this is not the time where you could make money on airdrops very well, I once participated in such an airdrop as EBTC just for a simple registration received 1000 dollars, these were airdrops |
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Mine was BNB, ETH, RNDR, ARB. What about you guys? What do you keep following or watching these days? and why?
Cocos, eth, bnb, etc., There's a lot of coin that we can select cocos is already listed on bnb and it will migrate to combo soon and there's a lot more to happen so i follow this coin and promote for good, bnb and eth is permanent coin to choose because it is tested there are more new coins that newly listed on binance thag has a possibility to rise keep on eye on it and grab if there's an opportunity. Yes, I agree that Cocos can be added among the promising altcoins today, and the Combo platform itself looks very promising and, in my opinion, deserves attention and investing in this altcoin, so I place bets on the Combo project myself and participate in the bounty, and it’s also impossible do not mention such altcoins as bnb and ethereum, but these are already verified altcoins that have long been |
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I agree that CMC being flooded with shitcoins everyday is a pain in the rear for those who are researching about new projects to invest in. But they all yeild the same result : poor teams, badly managed tokenomics and lack of market making capability. Hence the impetus for doing research also drops and you eventually lose interest in buying newly launched coins. It is a correct step because the shitcoins rarely have any good outcome.
I would suggest only going for top five altcoins and bitcoin. Rest are only for short term gains if done in an expert manner..
you are absolutely right about the fact that the market for new projects is littered with really unnecessary altcoins, and the most important thing is that these useless altcoins really flood the market for projects, after which you don’t want to not participate in the bounty or invest in the project at all, because you think that the project will be unsuccessful |
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I am quite confident in altcoins that have verified performance such as ETH and BNB for example, I have no hesitation in investing in these 2 altcoins. Usually I take 30-60% profit from my deposit of the coin, but if things are too difficult to achieve that profit I will make the upper and lower limits of my profit very minimal
I agree that these altcoins are one of the most promising and stable ones in the crypto industry today, but I would say that these are not altcoins, but we can say that this is a crypto currency for today, since the ethereum participates in all transactions for gas, and the bnb participates in trading in one of the best bianse exchanges , so as for me, it is possible and necessary to invest in crypto money |
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The US government and the cryptocurrency market are having a lot of ups and downs, and it seems like they're headed towards a very important conflict. This conflict will determine the fate of many people and companies involved in cryptocurrency. They might have to shut down or move to a different country.
Yes, today in America there are not very good conditions for cryptocurrencies, they have constant courts and proceedings there and this does not play into the hands of the crypto industry, I think that all this will end up not the best side for the crypto industry, that is, the government will definitely push the crypto industry, but what will these guys do not know how to sit on a chair |
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Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.
as for any, a project that can be trusted is those projects that really make a project, a team that does everything possible and not possible so that the project they created is relevant and has some kind of growth, such alcoins of such projects are trustworthy, for example, ethereum, who has been holding the tops of the crypto industry for how long |
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The confusion about the validity of the PI Network project has been for quite a while. My main issue and fear is in relation to the tedious KYC verifications process and the risk of loosing my personal information to the wrong person. I would rather wait for the project to launch and become active, than to risk my valuables, while striving to benefit from it.
I think that you will have to wait a very long time b, since the project, as for me, is a scam, everything starts for a very long time, they have already passed the verification, but the project has not been launched, there were a lot of hopes for this project, but in fact there is nothing and I think what will not happen, they collected all the data as you said above, as a result of the price there is no distrust of investors |
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I do not have any investment in Doge yet but am thinking about it.
I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.
Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.
Would be good to hear some views on this - are you for or against Doge?
I think it’s not worth investing in dogs, since these coins do not correspond to their price, and in principle, who created these altcoins, a man named Elon Musk, he is promoting this and promoting dogs in his twitter, but in fact this cryptocurrency is not worth it, but this is purely my opinion, I would not get wet in dogs |
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The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
yes, I completely agree with you, the prices for transactions are very high, it’s not possible to do any simple actions for everything, you have to pay crazy money, as for me it’s all wrong, you shouldn’t raise such huge prices for transactions, because quite recently there were adequate prices for transactions in aisles of the norm, and everyone was fine, the people made a lot of transactions and all this was a good profit |
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I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.
Some project need time to build and shape. What do you think?
I’ll tell you so that in a project that will be promoted for a long time, that is, long-term, as for me, I wouldn’t wet and invest because you can give birth for an indefinite amount of time and, as a result, long-term turn into a loss of money earned, I’m not a supporter of such projects, good projects immediately show themselves in everything |
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