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Now we rarely see ICOs, we are in a different era, now the public sale is with the IDO concept, where the project sells it on an incubator or exchange platform that is considered to guarantee the maintenance of a price equal to or higher than the initial purchase, and very many have succeeded in the past. fly high with this concept.
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I'm sure cryptocurrency will shine from year to year, it's been proven from 2021 that ATH starts again, the entry of Elon Musk, the trend of DeFi and NFT. They are evidence of cryptocurrencies growing well, maybe a few days ago we experienced a decline but it certainly won't be for long.
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Community is important, with community we can create hype. but this is only one of the important points from other important points, such as the project team, roadmap, whitepaper are also very important, and also the utility of the project so that it can be invested in the long term.
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Usually they don't have the mental strength to hold assets during a bear market, or maybe they are afraid when they face a bear market, well, it's like being brainwashed, so we have to sell our house, even though the next bull market is a big profit. Trading must also prepare mentally apart from experience and knowledge.
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Every year bitcoin continues to grow, the bear period will not be the same as 2018 which has to wait every year, because bitcoin's growth is very fast, many people are familiar with investing and the benefits of cryptocurrency. I'm sure the long term will lead to big gains, not downsides.
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No need to worry about that, market prices keep changing as well as trends, now the market is unstable. The decline is normal, I think it would be better if you hold on if you believe in the Sandbox, but if you feel it will continue to fall, you must be wise to cut losses .
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Small projects will usually yield high returns, even though the risks are unpredictable. I usually prefer trending memes for that, and taking immediate advantage of the first hype, meme coins are cheap coins that move very fast.
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Buying maybe $100 is normal, I think they assume all the meme coins will end up being a scam and it won't take long to make a profit. but shiba inu has some resemblance to dogecoin, it's possible that shiba inu is not an ordinary meme.
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After that when the campaign is over, we will also get the tokens that have been allocated for the bounty, I work in the bounty, and it is very profitable even though there is no protection agency here, but the advantage to earn money with just easy tasks is a good thing.
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if it's an ethereum network there is no other way but to receive high gas, what you do is don't do too many transactions, only 2x transactions go to CEX to make it fiat, if necessary, don't need to use a swap platform like chanlengy because the fees will be more expensive.
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Scam tokens usually have no progress at all. they just hype their tokens like exchange and also burning. They will never show how their team works or token utility. Usually their social media is full of big sales and promotions and discounts.
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Actually profit in trading depends on how we respond to it. If you think luck may be right, but I prefer to prioritize predictions it's better to be seen as a professional in taking profits than just controlling luck.
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Do it as if you can accept the risk, I know coins like this sometimes produce extraordinary returns, but predictions are very difficult sometimes we lose a lot. Another option is investing in coinmarketcap regulated coins it is safer to make a profit.
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Dogecoin still has the potential to go to $1 but it will take time, and I don't think Elon Musk alone is enough to keep dogecoin going up, it looks like it needs support from a new big guy, because Elon Musk was once branded a market manipulator, I don't think his influence is as big as before.
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Usually the easiest is to determine the profit itself, actually there are several indicators to help target sales such as Fibbonaci, but the accuracy is not always right, only where we want to sell it is there it is better to sell.
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Just think the issue of ethereum gas is so high, don't they think about it? we actually had the main problem in high gas transactions, but ethereum 2.0 didn't launch , but hopefully the developers think again to solve the problem of high gas costs.
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Play to Earn so far has not been perfect, because it is more burdensome to someone who has a large capital and enters early as a winner, well, I think all cryptocurrency concepts are the same, everything will be lively at the beginning and will disappear soon as well as the play concept to earn in cryptocurrency.
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I've only transacted on Opensea, and it's safe so far, but many say that not all NFT on Opensea are safe to use, verified is one of the things to pay attention to in buying nft on opensea. therefore, try to buy the popular or verified NFT for security.
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Since the beginning I was in cryptocurrency, when the price was high, there were always those who overestimated bitcoin, but when the price fell very low, many people scared me with "illegal investments" I won't bother, as long as it results in me always working here, and learn money management so you don't lose easily.
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