People just look for an alternative to doing things, something they can grasp financially/tech or something they value over because it makes it easier for them.
And people got incentives for making alternatives to bitcoin. Money.
most people are like that they do, they are looking for alternatives to do something that can be profitable, either by buying several altcoins that have the potential to get big profits, so they use those profits to invest in bitcoin or ethereum and bnb. mnenurt it is a very good Alternative |
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I have never experienced investing in an ico project so I don't feel disadvantaged by losing assets, but I feel aggrieved by the time wasted because some of the bounties that I participated in were trash projects and were not paid. it only costs my time not my asset
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When people saw the value of Bitcoin, they also created various altcoins. Some people who make a profit from investing in Bitcoin will also choose to invest in altcoins.
In such a messy market, can we still allocate assets to cryptocurrencies? What should be done with altcoins?
It's also not wrong if we support the growth and increase in altcoin prices, but before investing in altcoins it is especially important to pay attention or analyze it in the growth of the altcoin, if it has the potential to become an altcoin with large growth then the best choice is to become an investor in altcoins only. because usually greater profits are obtained in altcoins when compared to profits in bitcoin. well,, my experience is like that |
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memecoin does have a very high risk but behind it all we can get a lot of profit from memecoin, it's just that in my opinion there is no guarantee that you can always make a profit unless you apply long-term trading like what happened to dogecoin holders can get a lot of profit.
yes, your opinion is very true. some memecoins sometimes take a very long time to increase in price or make big profits like dogecoin and bittorent or btt. but mostly now I notice that most memecoins only take advantage of investors so that most people lose their trust in memecoin. |
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investing in memecoin is a stupid choice in my opinion. Most of the time I noticed that the developers were only looking for profit from many investors. so that many investors no longer believe in digital currencies
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Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range. It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet? What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.  there are 2 points of view that I can give to Elon Musk, in the first point of view the presence of Elon Musk in crypto can provide a positive value, but on the other hand he is just a selfish person who only thinks about his personal gain to increase wealth. From both points of view I conclude that Cryptocurrency will continue to improve even though Elon Musk is no longer participating in it |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
it is possible that the developer has made any efforts, but to increase the price of the altcoin he is developing not now but in the coming months. because I have noticed so far, many altcoins when have a good price or go higher according to time like movements in past years. therefore I think the increase and increase in the price of an altcoin that has real utility or good atcoin is like it has been set by a community |
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With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market. I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you. sometimes it is not unreasonable to hold old Alcoins like that, there are some old altcoins that are worth keeping and some should be released considering the growing popularity today. like the Altcoin you mean "Primecoin", I don't think that altcoin has a great popularity when compared to other altcoins. so for now it looks like old altcoins that are worth keeping or buying are like Dogecoin, and Btt. |
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Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about it after the bull market is over.
a conglomerate like elon musk, he doesn't think much about the progress and development of crypto, what he thinks by glorifying doge coin is for the profit that can be earned by him, in my opinion he is looking for profit in cryptocurrency through dogecoin. |
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Do you think now is not the right to buy some important currencies?
Take a good look these coin below:
1. BTC
2. ETH
3. BNB
4. LTC
5. TRX
6. LINK
7. AME
8. DOT
9. EOS
10. WPP
We have been yelling for the right time all this while but we still wanna miss some quality opportunities banging on our door step, don't be surprised what will happen next and many will still say "where were me" when i gat all the chance to buy.
Note:
I just listed few coin i m holding so you can do your research and take your risk!
of the ten Altcoins that you mentioned are altcoins that have value and have very good developers. of the many you mentioned, I still have left in my wallet such as Ame, Dot, Eth, and Trx. Among the Altcoins that I have left, I believe that in the future there will be a greater opportunity to be valuable than now and become a quality altcoin to invest |
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depending on the situation and conditions, but if you think about it with common sense then it is not possible to overwrite bitcoin. In my opinion bitcoin has never been replaced by any altcoin.
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Ethereum is specially designed to be an open smart contract. Transactions carried out on the blockchain can execute a smart contract in a number of ways albeit at a slightly higher fee.
While Bsc or Binance also has an order matching engine that can process up to 1.3 million transactions per second so traders don't have to worry anymore about delays in execution, meaning speed in transactions with low fees.
I think both platforms have advantages,
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I am not sure about that, maybe for a while the market is undergoing a correction and in the next few days we will see the price of bitcoin and altcoin to its original price. everything will be fine no need to worry.
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I don't think all altcoins are value dependent on bitcoin. I think it all depends on market demand, and what is certain is that investors are very influential in increasing the price of an altcoin
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My personal attitude is of course waiting for the right time to release my altcoins, even though the market conditions have recovered I will not let go of the assets I have before achieving the previously planned target maybe the next 1 or 2 weeks the market movement will continue to improve. I think like that!!
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It feels really bad going through my portfolio on blockfolio to see massive downward movement in the value of my holdings. I really don't know if this is the usual market correction we have periodically or the end of the bull run. Is it wise to keep holding or take what's left?
I don't think selling all the assets when the market is undergoing a correction is the right choice, and I think it is very smart and wise to keep all the assets you have in this situation. in the meantime we all need patience and don't panic too much about the market situation. |
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I think it's only for those who don't understand cryptocurrency which is difficult for us to persuade to join in it, but for people who understand it and understand how to trade cryptocurrency I think they have their own desire to join. well, therefore, before persuading to join, you should provide an understanding of crypto for those who want to be invited to join or invest in crypto.
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The BNB was on the 3rd place in coinmarketcap so I'm thinking that BSC is the Ethereum killer, many tokens migrating in BSC. Who knows that one day we will surprise that BNB will be on the 2nd place in coinmarketcap.
is it possible what you say is true? I don't think it will ever happen. Just take a look at some time ago, more and more ethereum competitors are present in the market then ethereum continues to prove that they are not competitors by showing the highest prices during 2021. |
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From the past there were also those who compared BNB and ETH and predicted that they would be able to overthrow ETH, but in fact BNB is still far behind ETH, as well as ADA today, let alone overthrowing ETH to overthrow BNB is very difficult actually, but who knows if investors start invest more in ADA than in ETH going forward
I think most people just like the comparison regardless of its use, now let's just make sure that ethereum is an altcoin that cannot be replaced by any altcoin because ethereum has many uses with its decentralization. |
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