Over the past six months, I've been focusing on my top priorities, namely XRP, Matic, ADA, and BNB. However, I also consider Aptos and Dot to be promising choices. Additionally, I closely monitor TRX, SUI, and Arbitrum, as they are also impressive projects. I have faith in the potential of XRP, Matic, ADA, and BNB, and have been steadily accumulating them in small amounts, thanks to their strong and supportive communities.
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I haven't invested a single penny in NFTs so far. I still don't understand its use case. Sometimes, I've seen XYZ Art pieces' NFTs being sold for a high price, but we don't know if they will hold any value in the next 2 years. I don't have a positive opinion about NFTs. If someone owns their NFT, they will have control over it; it's not like anyone else can sell it as their own. However, I can't say much about this matter as I don't possess extensive technical knowledge about NFTs, but it remains uncertain whether their NFTs will retain any value in the long run.
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If we think in this manner, then we will never be able to buy anything at any time. Taking some risk is necessary to earn; if you want to earn without risk, there are many other investments where the risk is low in the long run. Yes, I agree with the fact that you should believe in your analysis and not be influenced by others' opinions. Buy coins after careful consideration because no one knows when the bull run will start, and patience is also crucial. Hasty steps or decisions will result in losses.
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Stake where you have control of the keys. I believe that staking through exchanges is very risky. The staking percentage you mentioned for Cosmos is very enticing, but I also think it carries risks. When many people earn good coins through staking, some may sell at lower rates to secure their profits, which could lead to a drop in the coin's value. My advice is not to stake on any exchange, no matter how big it is. Having control is crucial, as we cannot trust anyone else. I believe staking stable currencies is a much better option as it reduces the risk of value loss significantly.
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The tide has turned for XRP, as it is no longer considered security. The judge's verdict was swift after the news circulated in the crypto market. XRP experienced a rapid surge, and in my opinion, this is just the beginning; I believe XRP will see further gains in the upcoming months, which is why I decided to purchase it.
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I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.
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Based on my 6 years of experience, I can say that anything can happen in the crypto market. Recently, the XVG coin was pumped after a long time when no one expected it. If we think like this, it’s not a bad idea to buy Doge. Yes, if Elon tweets again, Doge can pump again. Anyway, the price is very low now, one can buy some.
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Honestly, I think no one can tell exactly when it will be the best time to buy more coins, but we all know that the current bear market has been going on for a long time, so we hope that the market will rise soon and we should not depend on other people’s signals and make our own decisions based on our analysis, but I have to say the market is much better now than last year when BTC was around 18-19K and now it is about 31K.
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I will not call Pi a scam until the investigation result comes out. This happens with many projects. It is not that a project is bad just because an investigation has started. Besides, the Pi team or app is not asking any kind of money from anyone and people are earning Pi on their mobiles, so I don’t understand what the scam is here. Even those who have mined it are easily selling it peer to peer from their transferable balance after KYC approval. Overall, many people have made money without any investment. On the other hand, many investors are buying it and hoping that Pi will change their lives. That is completely wrong and I advise such people not to buy out of greed. It is not necessary that its value will be very good when the mainnet goes live. Nothing can be said about it right now.
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#Proof_of_Authentication_Post Forum Username: gurunanakji777 Telegram username: @harjas2519 Which Campaign you joined: Twitter & Instagram ERC-20 wallet address: 0xEfF5A809A5E74B824af6c69Cb9e5aa4b1147d506
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I doubt that this model will work in the crypto market because Bitcoin is very volatile. It is better to leave it as it is for the benefit of all the traders and investors. We should not trust such a stable coin model that can lose its peg at any time.
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There are two kinds of people who have made a profit or suffered a lot of loss. Those who trade with more greed or get enticed by seeing others’ results, most of the guys book loss. On the other hand, those who trade patiently by analyzing the chart and market sentiment, make money from this market. But there are always exceptions. I have also made a lot of money from the crypto market, but I still won’t say that I am successful. I have also faced a lot of loss due to excessive greed, so I always advise sell it whenever you are in good profit.
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