If you want to invest in long term period i think this is the perfect time for you to buy and for the long term i think the best coins you can buy is still top coin in cmc which is BTC or ETH and if you dare to take a big risk then i think you should learn about nft and do some research about that coin theres a big potential if you invest on coin with NFT basis.
in the long term, this is a good time to buy, where we can see the price of altcoins increasing quite significantly. but for the short term I think you have to be careful, because like ethereum there is resistance around the $4K price, so we have to anticipate a price correction before continuing to go up. but if we can analyze well, there are many potential new projects such as vulcan forged |
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The most bullish altcoins in my opinion for now is ethereum, the price of ethereum immediately rose drastically and this happened because of the London hard fork, besides ethereum, NFT-based altcoins are also very interesting to monitor, for example Axie Infinity whose coin prices continue to rise and its players keep growing
indeed, after the reduction in the supply of ethereum made the price higher, so far ethereum is above $3k and may rise again to around $4K because we know at that price there is a previously formed high price, which can be used as an area of resistance. For traders, please pay attention to this area, because at any time a price correction can occur |
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to invest I guess anytime is a good time. provided we have free money at that time. in principle we know crypto will go up, but we don't know when the bullrun will happen. so my advice is to buy it while we can afford it and wait for it to make a profit according to our target
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It's still far for the current market to say it's a bullrun, I think we're actually looking for short-term profits. or sell some of the assets. although there is positive sentiment in crypto at the moment, but if we trade short term we should also be careful unless we invest for the long term
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Ethereum demand is always their, the main reason was transaction fee. Huge growth of ethereum only due to that fact.
ethereum reducing its total supply by burning is really effective to increase the price in the market, it make the market not having too much supply and cause the price to increase easily but its true that most of projects are still created in bsc day by day. maybe if ethereum can make the project get back to them again it will increase the price even more but price increase will also make using eth more costly. maybe in the future many new tokens will change opinion again and get back to eth or stay in bsc if bsc is chaper than eth. indeed there must be a breakthrough for ethereum, which is a natural thing to happen with a reduction in supply, of course it will increase the price. but it must be balanced with real products because at this time it is actually BSC that seems to control new projects, especially Defi and NFT. so let's see what development eth will make |
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I choose Bitcoin, Ethereum is the top priority for the total amount that I have. The rest of the money will be bet on projects with lower capitalization. I invested in Lamden because the capitalization of this project is very low only about 8 million USD while it has launched mainnet, NFT, AMM. In the near future they will have the game NFT play to earn and system hierarchy when allowing the establishment of nodes.
Another project that I identify as a long-term investment is Vulcanforged. The project has NFT play to earn game ecosystem, NFT marketplace. Game studio has over 40 employees, they have their own games and many other projects are collaborating, operating on Vulcanmaketplace.
Vulcan is an alternative choice to major coins such as bitcoin. we know when the launch of Vulcan yesterday was so successful, so many people are satisfied with this project, including bounty hunter. because basically this project has potential and many investors do not doubt it |
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A good property is not necessarily a good price to buy, a bad property is not necessarily a bad price to not buy. So be aware of cheap and expensive to trade accordingly. Only really long hold when there are signs of Uptrend because then you have bought crypto at a good price and they are about to increase in price. You will save time for your investment to grow for sure.
on the other hand we can buy crypto with whatever money we have. different from property which at least costs a lot to buy it, especially if we buy it in a strategic place, but the property risk is smaller. if we have knowledge in cryptocurrencies, and the money we have is not enough to buy property, crypto will indeed grow our money faster |
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
Binance Smart Chain is superior to Binance DEX, even though they are both from the same source, namely Binance. I see the presence of BSC exactly the same as the ethereum blockchain. Even though Ethereum transaction fees are back to normal, BSC users are still running smoothly. Currently, many tokens have been developed with Binance smart contracts. Even some of the coins are already in the BSC version. If you want to withdraw XRP, then you can choose the XRP of BEP20 version. it can be seen that currently many are using the binance smart chain, because currently there are many new projects based on defi and nft games, so it feels like bsc is more suitable for use with the advantages of speed and transfer costs. therefore even though the eth network is back to normal, bsc is still widely used |
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Maybe you can find more information about CRO if you are looking for cheap coins and have good fundamentals on the exchange, and it is possible that the development of the CRO project will also get better and the products they provide will be of great interest to investors in the future.
but also we have to monitor its progress from time to time considering this is a new project, if on the way according to the roadmap that has been planned, then I think it is safe, but if not and there is something suspicious, I think immediately take action |
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maybe yes and maybe no. I can't predict whether Binance Smart Chain is the new Ethereum, as Ethereum still holds its place in the coin market, but Binance Smart Chain will probably continue with transaction fees and other benefits. in real use cases ETH and BNB are both strong have platforms and large communities. but in terms of transactions, BNB has very low fees compared to ETH.
Now many new projects want to work on the bnb network, since the commissions and speed are really better in many aspects. The eth network will still be in demand since many tokens work on this network, time will tell who will be more popular, I think another year or two and it will be possible to draw final conclusions. I think it doesn't need a year or two to draw conclusion, the condition will probably be the same like now, BNB isn't having intention to overtake eth in my opinion, while eth also fixing its problem slowly. people free to choose one of them but theyre not limited to only one of them. maybe in the future projects will be available in both eth and bnb too, everything is possible. but maybe nft will still mostly in bsc. this is the time for defi and nft, so many of their new projects mostly use bsc. but if bsc is said to be the new ethereum, I don't think it can match it yet. we know ethereum has improved and is currently experiencing a high level of trust again. on the other hand we will see in the future about the development of this project, whether it will become dominant in the long term, thus attracting investors and allocating it to nft and deficient projects. |
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the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.
considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
Ethereum does have very good potential this year, almost everyone predicts the price of ethereum will reach the maximum value, today ethereum has experienced a very good selling price increase, from the purchase price 3 months ago. If this trend can be maintained, it is possible that by the end of this year ethereum will increase its selling value by more than $4k, this fact is what people have been waiting for, so that previous investments can generate maximum profits. ethereum became the main concern of its price increase after the massive price correction, and indeed because at the moment we can see ethereum rising surprisingly, this has something to do with the london hard fork that took place to bring positive sentiment to ethereum. hopefully after this will be followed by other coins |
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the altcoin session in my opinion takes a very long time to recover, because altcoins wait for bitcoin prices to recover first before finally being able to make altcoin prices rise, so I think now might be the right time to buy altcoins because the prices are still cheap can provide you profit a lot when the price goes up and there is an altcoin session.
I also think so. maybe, we need to wait for the price of bitcoin to exceed the price of $50k until we can see the price of altcoins start to rise again. The correction that occurs when the bitcoin price drops from its ATH is enough to make the altcoin price drop drastically. Personally, I'm also waiting for that. I hope the altcoin season starts this month or next month. for this time maybe investors focus on bitcoin, it is true that if bitcoin has gone up high, of course investors take turns to increase the price of potential altcoins. and I think this has happened many times. but don't choose the wrong altcoin, because not all altcoins can follow in the footsteps of bitcoin, and this means that the coin has become ashes |
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Every day new coins are coming in the market. Due to this The market is improving and growing.But there are some side Effects.These new coins are Effecting the Market cap and new coins. After Few Days these coins vanishes.
The reliability of new currencies is much lower in the market even if they show a good position at first they will scam everything when the amount of investment increases. Therefore even if the number of altcoins increases, it is necessary to choose the right currency by analyzing the market. indeed every day we seem to see new coins that keep popping up, many of them can't last much longer, but there are also new coins that have a reputation and potential later, this is like natural selection and indeed our job is to learn to investigate a new project carefully , because it can increase by thousands of percent if we get the right project |
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We don't know what will happen to our assets or our trades in the next 5 years. but if in the next 5 years I succeed, of course I will diversify my money to other assets, such as property. That way, in the future, I will be safer in managing family finances, because of the different levels of risk in the two assets, maybe I will develop a real business, but crypto still goes on
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My Metamask won't accept my password and I know it is correct. I have the seed phrase and the password I created to sign up for the metamask. If I reset my wallet, is there a chance I would lose my coins? I can't have that. Also, is the "password" different than the seed phrase,,, becaue it accepted this password before.. I didn't change it.
Before I could just reload the phone and it would ask for the face id and I would be good to go.... please advise if you know what to do or have been through this before.
thank you
It is safe until you know what you are doing. At first, create a backup of your Metamask seeds and keep that in a safe place, if you go on without your seeds and failed to provide that recovery phrase during resetting you will get locked your account. One more thing, make sure that if you have any exigent imported address or not. no matter you imported via seeds or private keys, Metamask won't store any manually imported data for you. When you resetting your pass, they just recover only the addresses that belong to your Metamask seeds. After resetting, you have to import your previously imported address again, manually. So before inception make sure that you have a backup of the necessary things then go on. you basically still have the original phrase, and I think you're one step away. on the other hand if we reset and still have the original phrase it will not lose the assets you have. try to sit for a moment and contemplate, sometimes we are not careful, for example we are missing one digit in copying |
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In my opinion, one hype is over and another hype begins. As you write this, btc has managed to break the 41k usd resistance and is currently trading above 42.5. The london fork took place yesterday in ethereum, I think it will have positive results in the long run. The other hype is that I think it will reoccur on defi and nft  The London fork is another way of making another hype event for crypto enthusiasts. Though I researched on it and from the looks of it, the fork will be a bit disadvantageous for the miners. I should want to see more hype generated because of developments on cryptocurrencies, and not because celebrities and billionaires are making a run for it. If we get more good news from the coin developers then there is a good chance that tech related hype will replace celebrity generated hype. we look at it from the positive side where the hype makes the market crowded and of course it will add new people who adopt it because they are interested in its euphoria. if we see that until now there are indeed many celebrities who take advantage of their fame to attract investors, even though it is not necessarily that celebrities understand crypto, it is different if it is done by developers, I agree |
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we know cryptocurrency has not been adopted by everyone, and through this forum we can find a bitcoiner community so that it will be more effective to offer projects here. On the other hand, I think every project has a marketing fee to introduce its product, and the bounty campaign is the right place for that, so the project will pay the bounty hunter according to the initial budget that was planned.
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There are many aspects to assess it, if the team is experienced in the crypto field for me it doesn't matter so that it can attract many investors, but on the other hand if the team is unknown or anonymous in my opinion the project is just a pump and dump for dev benefit, and immediately stay away from it such a project.
There are many aspects to assess it, if the team is experienced in the crypto field for me it doesn't matter so that it can attract many investors, but on the other hand if the team is unknown or anonymous in my opinion the project is just a pump and dump for dev benefit, and immediately stay away from it such a project. |
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I hope this trend will give profit to many people.
As long as the game was still using the play to earn mode and then it will always give a way for people to make profit from the game. We can see that from a few games that already exist in the market. These games have p2e and people are actively playing this game caused by they can earn the actual income from there dude. This play to earn model will be last forever especially during a pandemic like this where many people are staying at home, and their entertainment is mostly playing games, so nft is suitable to be applied, because in addition to channeling the hobby of playing games, of course it will also earn money. Therefore I think NFT will continue to grow, because we don't know when the pandemic will end |
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For me yes Ethereum will remain forever as long as Vitalik reputation and passion is there. Ethereum has a lot of competitors nowadays that also very good project and a user friendly. Not like Ethereum the gas sometimes is so high. Nevertheless it is still on rank #2.
yes that's true, besides that I think that what makes Ethereum still rank 2 and last forever is the community of Ethereum, so as long as there are still many people who invest in Ethereum and the community of Ethereum continues to grow, then of course it affects Ethereum to survive and be ranked 2 on coinmarketcap forever, therefore in my opinion Ethereum will always be feasible to be a long-term investment at any time, because the community of Ethereum will definitely continue to grow and make the price of Ethereum can continue to increase very high, so we will get a big profit from investing in Ethereum for long term. I think trust in ethereum will continue to be maintained, as was the case yesterday when the ethereum network was abandoned by many users because it had a large fee, and at that time BSC became an option. we can see at that time where ethereum did not waver from its position until now, until there was an improvement in the network system |
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