Binance smart chain is very promising and a very good contender for ethereum blockchain knowing that its more convenient with a lesser transaction fee however I don't think that it will be the ethereum killer but I can see that there is a huge potential for either EGLD or DOT to be the ethereum killer after the long run.
I believe that ethereum in the future will be much stronger than it is today. The adoption of ethereum 2.0 will be seen in the long term. I don't think its competitors will be able to kill ethereum. but the closest I think is Cardano and BNB. |
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There are a few coins that I see are still quite low and can fully increase in the near future, if you have heard of Verge (XVP) I think it is an option that I am extremely optimistic about. But since $5000 is such a large amount, if you want to be more secure you can choose for yourself the big coins in this market.
he only asks for advice from members of this forum. many have already mentioned a better asset. still, his choice must be based on his own analysis. but I suggest dividing the investment into 2 or 3 assets in the market. I think focusing on 3 assets will not make him lose much time looking at the market every day. |
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If the value of the alternative cryptocurrency suits the holder, he can sell or buy the altcoin at any convenient time. It all depends on what the investor wants. The altcoin rate is constantly changing, so you first need to study the market situation, and then make a decision on the relevance of buying or selling.
the problem is that many new investors are attracted to crypto when the market is in a bull-like it is now. even those who do not have investment and trading skills have an interest in a profit. and it won't give them anything if they don't want to study the market first. |
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that what im talking about not every person in this forum or out there will give you information or teach you.
that why you should educate yourself as many as you can, because scamer always find way to scam you.
I think you mean the same. all you have to do is develop yourself if you don't want to be fooled by scammers all the time. advice from others is necessary, but the decision is not final without self-analysis as well. however, we have to upgrade ourselves to keep abreast of developments. scammers will always be smarter than us. |
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Yeah that's true. I also experience the same thing. Those who don't have any kind of knowledge or those who think crypto currency is nothing but scam. They started to know from me how to invest. And thats one big problem. This kind of people start to invest without any kind of knowledge and then suddenly they don't know what to do and end up in some kind of scams or in loss. And they suddenly start to blame you. But not all the people are same. Some grow real interest and start to know about the market and earn profit and stick to the market.
they are attracted by an increase in only a few assets. they don't understand the crypto market is working. but that's only natural because, for other people who don't know crypto, prices and pumps are a powerful attraction to seduce. |
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Amazon is now the latest company to be jumping to the cryptocurrency world by creating their own currency so it can be used as payment system in their marketplace. It's yet to be concluded if amazon is already developing their new currency or they are just in a study face as things is still in secret. Source https://www.techradar.com/uk/news/amazon-set-to-launch-its-own-bitcoin-rivalIf they are planning to launch full-fledged centralized crypto all over the world then surely they will be facing legal issues like what happened with Libra project from facebook because governments never want those corporates to make money for themselves since they are giving huge revenue to the economy with fiat transactions. it would be difficult if the government had that kind of thinking. what they think should be the advancement of technology and how the country's revenue can increase with the crypto from large companies. good regulation that benefits both parties should be a solution, not a prohibition. |
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Too many upcoming DeFi at the moment, not sure why its so hyped. But take a look for Yield.app or Sovryn, maybe its promising enough  I support both. just hope the best for both projects. but now we've seen some scam DeFi projects. hopefully, there won't be more scam projects. because it could end DeFi's popularity in the crypto market today. |
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my favorite altcoins are bitcoin and ethereum, in fact i am trying to sell all the others and to buy as much btc as possible, among the tokens i will perhaps only keep pnt and uni
That is obviously very good, because you dare to throw away other tokens to get Bitcoin and Ethereum, because both are coins and tokens that are very good all the time in crypto, keep doing good things so you can always be profitable. I am sure there is no doubt for both of these assets. many people would agree to choose the two coins for a profit. Even when the market is bad, I'm sure Bitcoin and Ethereum fans will not be abandoned. |
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To be honest its very difficult for dogecoin to reach that level, doge need 130 billion matketcap to reach that price. Its mean doge need to kick xrp, usdt from their poaition now, but if whole crypto market can reach $5 trillion it wil make more sense for doge to $1
a plausible depiction I think. too far for the doge to fly that high. isn't it just the current price the investors and traders have had the pleasure? if anyone is expecting that high I think someone intends to grow people who are greedy with what they have got so far. |
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Mining is getting harder and harder and a lot of capital is required for this job. Many countries are taking measures for the electricity problem. I think mining in 2021 is a very difficult task, but you can make a good profit with altcoin investments.
Maybe it is only difficult for you or at your own place, because this kind of thing is not experienced by other people who are in different countries, because the electricity problem at this time is no longer considered a serious obstacle in terms of mining, especially for those who are already can handle this, obviously they will continue to mine through the devices they already have. electricity problems do affect mining. but if there are obstacles of course it will not be a constant obstacle. I think the miners are still active and still making money. just try stopping by one of the threads on this forum that discuss mining. will probably get a better solution. |
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in 2020 I am interested in ATOM, BNB, and ADA. I think the development of platforms with popular smart contracts is that of those who will become competitors from Ethereum. BNB actually has a very big chance if they will. but it will worsen when they can't control the market from using their own network.
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This method is indeed the safest, but after all before investing in the top altcoins make sure we also have to research first,
because if we just invest, of course it is a bad decision,
even so everything comes back to our respective decisions because we can get profit from anywhere as long as we have a good strategy
to be honest I am a person who does not have a good analysis in investing. I always speculate on top market assets. I only buy when it's cheap and sell it right away at the price I want. and I left until my order was fulfilled. I don't really expect a big pump, most importantly, the price of profit has been reached. because I am weak in choosing assets, I only play with top market assets. |
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at this point in time it is very difficult to predict, as all current altcoins are moving very fast, with the emergence of Defi on the basis of etherium. lots of altcoins that have increased by 300% and some even up to 1000%. so I think right now we need a very optimal analysis to make trades so that we don't experience big losses.
By looking at conditions like now, we must upgrade ourselves in reading the market situation, because it is an important thing so that we don't miss the moment, Don't forget to stay up to date with the latest information and developments Under what circumstances would anyone be careless about leaving the media and the marketplace? In a situation like this, I think everyone will also focus on their assets and their market. in trading as well as investing, you definitely want to secure the benefits you get. we will not know how long this market will last for how long, even in bulls we still have to think about how the possibility of a dump could occur. indeed we will not know when it will happen, but the possibility will definitely happen. |
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It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys  Am I right or wrong? I wouldn't say as far to go that the digital platforms wouldn't be unaffected by Covid but it wouldn't affect in a way where the projects have to completely stop the project. That would mean they are just trying to find a excuse for a soft exit. I am sure for reasons like that they actually tried to get out of the project. many excuses are being made even though they want to run away from the project without returning the funds they have received. We've seen many reasons for developing a similar project. they are the people who are not responsible for what they make. |
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I have seen plenty from plenty of my friends that they have a gas fee of about 50$ and above which I thinl must be corrected by the ethereum developer in order for them to still get the trust of their users and stock hodlers. And I hope that with the ETH 2.0 it will fix this kind of huge amount of gas fee that many cryptos enthusiasts is having a hard time with.
why are discussions like this still being discussed? is not something simple and easy to understand actually a situation where when the transaction costs of a platform have increased. believe that the development team from ethereum has been trying to create a solution for increasing transaction costs. at this time I think it looks cheaper, tries to see for yourself. |
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actually what happens with this kind of thinking. seeing the price go up and down thought a scam. when seeing the transaction fees rising so expensive they say a scam.
When you arrive early knowing how the crypto market works then you won't say that everything that happens is a scam. many people including myself also benefit from this very basic market analysis. buy when it's cheap and sell when it's expensive. avoid buying in a bull market. very simple and safe. So why would anyone think something profitable is a scam?
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He wasn't shilling, but more of having some fun with his tweet. It is not the same as Jack Dorsey shilling BTC since he was serious about it.
Elon Musk likes to joke, meme himself, etc. He likes the attention more than anything else.
I agree with you, because I also believe if Elon Musk is just joking and using DOGE as a joke, because as we know if DOGE coin is made to joke, that's why Elon Musk made a tweet about DOGE, but with a tweet from Elon Musk then the price of DOGE increase very high, so I hope that someday Elon Musk also tweet about altcoin that I HOLD ($ARPA) to be made a joke, so the price of altcoin that I HOLD ($ARPA) will increase very high too . Is Dogecoin a joke? Are the coins you own also a joke? we have already seen how Dogecoin has experienced such a pump. but I think there is a positive view from me that Dogecoin has a very large community that allows a pump to happen when there is news from a world-famous figure. even though it's just a joke. jokes made over and over could get people interested or just find out about Dogecoin. Elon has shown us how Dogecoin actually has a very large community. which was used only to move money from one exchange to another. I think now those who hold Dogecoin are starting to consider it even if it's just a joke asset. |
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I have seen many of the people that I taught to trade either give up or lose their initial investments when they trade. I do agree that it is not just discipline that is needed but also a lot of patience and proper knowledge of the coins that you are investing with. Sometimes my colleagues and friends tend to watch too much stock market videos but all you need is a sound mental faculty so as to avoid feeling too excited or too panicky.
You are right. mental abilities that are sometimes difficult to achieve. people can read and see theories about trading. but when it comes to trading itself the situation will be different. I experience it myself and try to improve it in every trade I make. to be honest it's not very easy. |
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who knows how long this bull market will last. what is clear, this market has reached the top peak ever reached. but seeing the positive news from some crypto media I think at least the market can reach the second quarter or until the middle of the third quarter of this year. the market might just spike again. but I think all will be lightning.
My advice for all the assets that you may be interested in, you can do it for the short term only. because in the market conditions bulls buy and hold them for a long time, of course, there is too much risk to be subject to correction in the future.
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I see many of ETH tokens pump because of this bull market along with their increase gas fees, when I try to transfer one of my tokens that got great gains lately to an exchange it use around 60$ fees to send but with the profit I got from the token pump I still get the profit tho. Just wait till the market a little bit calm
that's what became the debate and made people ask, why did the cost get that expensive? if the reason is eth price hike I guess we should see how BNB is also a platform with its own blockchain network. I think this problem has occurred since last year. even when eth prices were not as high as they are now. |
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