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valuation of $5000 for BNB is still realistic enough honestly, its just currently we are in the middle of a bearish market that gives frequent market correction but if the circumstance getting any better surely altcoins that are having large market capitalization just like
BNB gonna be striving once more.
one thing though, serious future analysis, doesn’t really exists, its all just a pure speculation, you could analyze based in various things like from the altcoins burning that were proposed and so on, but these kind of things doesn’t guarantee right out come because the market itself is moving randomly.
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its just because seeking investment by using the metaverse idea is a lot more easier than just bringing their idea that sometimes are rather ridiculous and mostly obscure. The main thing that can be learned is scammers are adapting with every trend in the crypto. This time they are creating scam meta but maybe in the next years they will be creating another scam project based on the new trend that will be coming in the future.
regardless, its just like the past when dogecoins are becoming a big thing, most of the newer coins trying hard in imitating the success of dogecoin of course vast majority of them just becomes such a failure but regardless some of them are
having a really good flow of investment which ofcourse coming from some newbies that still in phase of speculating. its just how the trend works. The scammers are aware if they must follow the trend to be able to trap the potential investors for the legit tokens.
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these kind of altcoins that goes against the trend are dominated by some shitcoins coming from the fact that they just being manipulated by some big players with big market capital because simply put they have the resources in doing so. I have seen so many shit scam tokens like this pumped in a day but dumped in a few seconds. This can't be wrong as you can see that easily through CMC
regardless, if you are looking for potential coins that could go against the market trend you could try out altcoins like the ones that revolves around gaming since these kind of altcoins could go against the wave of the market trend by simply making some
attractive game events and airdrops that are in form of NFT and they could literally generate an NFT items from thin air. To be honest find the altcoins that can go against the trend was so difficult. The shit coin can do that caused by it was fully manipulated. there's no demand on it
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this is a really normal phenomenon considering that the coin itself has significantly lower market capitalization compared with bitcoin, in short, bitcoin scoring a higher value increase gonna be a lot harder than a coin thats relatively low in price and have rather low market capitalization.
I’d be shocked if they could increase their market capitalization in the level of ETH first before talking about this kind of price increase because frankly speaking the rank of altcoins below 3 always come and go, the market capitalization could change in everyday quite literally.
Being pumped due to the so many good news came at the same thing is actually a common thing in the crypto. Something can get increase more than 300% in a short time like doge coin.
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its kinda normal you see it in startups field, they are quite literally creating startups by hundreds each day and majority of them just vanish because its natural selection
it also happened with cryptocurrency that allows quite literally anyone create their own altcoins from their own idea, and just let the natural selection get rid of the majority useless altcoins that
have vision of just money grabbing, and after that the only thing thats left is some good quality projects that could be revolutionary like NFT and Defi, then the cycle will just repeat. Crypto is about how strong you are to compete with another platforms to keep survive. That's why demand is very important for any developers
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Have you ever wondered why most altcoins turned to PoS, while only a few good-old coins are still using classical PoW consensus?
Yeah, there are still lots of POW coins are still alive but these are on the top 1000 CMC. 1. Less conservative compared with POS 2. Regulator's concern due to the lots of energy consumption If the number of PoS coins continues to grow, then Bitcoin will be the only decentralized cryptocurrency in the world. Should I be worried? What are your thoughts about this? Your input will be greatly appreciated. Thank you.  PoS coins have been growing since a few years ago till now. Bitcoin may become the only one truly decentralized currency in the future maybe next decade but who knows about that. You should not feel worry. That's just a common thing. We must also care with our world. |
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this kind of digitalized NFT form of the existing things that already exists in real world better implemented if metaverse truly becomes a thing and famous.
because at the meantime the use of these kind of NFT are just simply too limited because its just some useless art of the existing stuff.
if there is any metaverse platform that could allow NFT for cosmetics in game then its gonna be having some use but as of now, the use case for these kind of NFT are just simply next to useless. anyway, good luck with your NFT
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I see no point sweating over the market circumstances that you could never control, instead its your decision in overcoming that situation that really matters the most.
regardless of the bearish market thats gonna be occur and even if its gonna be a long one, if you could always make the right decision you would always comes out making quite the profit from your investment.
just imagine if all those panic sellers back in the days didn’t sell their cryptocurrency in the middle of the bearish market in the past, they could have made really big profit right now but instead the made the wrong decision
and decide in making their unrealized loss becomes realized loss and as a result, they missed great opportunity.
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any football clubs out there that are making money from their merchandise should be selling NFT for real because these kind of NFT that was licensed directly from the club itself gonna be selling for quite a lot of money honestly.
the market for some random NFT could be moving in this niche because we see the supporter base of this sport is really huge and even it covers the entire planet.
if these football club could make a great decision out of this, they could quite literally make millions but maybe thats just my 2 cents, because I just see so big opportunity being wasted by these football teams and just letting this moment getting missed like that is such a big waste.
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just try seeing the chart of most the ancient coins they have a really big bullish run moment in the past mostly and then falling after few years because the fame that they has been building since a long ago finally subsides because their technology and other things becomes irrelevant with the emergence of the newer smart contract platforms that offers use case of NFT market and also blockchain gaming that now has emerged and becoming a giant in terms of market capitalization.
it seems the development of technology specifically in cryptocurrency and blockchains are growing so fast that it shows clearly so many altcoins being left behind because they are deemed outdated. Some members have been mentioning it. Name coin and so many oldest coins have become garbage coins right now. The tech is growing so fast but these old coins are still being trapped with their own old vision
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quite literally everything could be used for speculative asset and not just cryptocurrencies in general, even stocks are quite frequently used for speculative purpose so it depends in the people themselves, but
cryptocurrency are already having quite the use case so it doesn’t just revolves around hype although it’s irrefutable fact that some of the cryptocurrencies are just being made for speculative purpose but seeing that there exist defi and NFT that actually
have real use case, more specifically NFT that has quite the enormous use case, i could quite say that cryptocurrencies as of now, are also have utilities backing its value and not just made out of thin air, but thats just my 2 cents.
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you are right ETH and BTC are the best if it comes with long term investment considering their trading volume that’s the biggest compared with other but if there is any altcoins that you think really have potential in the long term I think
they are also worth holding because sometimes their ROI could easily surpass all these bigger altcoins with significantly higher market capitalization.
thats also the reason so many people are managing their risk of investment, basically putting the bigger investment in major altcoins and the smaller investment in rather risky investment for boosting their profits.
if you are good at managing your investment you could easily balance it out and get the best profit and also stays low in risk I guess.
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seems like we are at the end or atleast near at the end of the bearish market, considering the fact that the bearish market has been going on for quite long i’m sure it’s gonna have an end.
also, if turns out there is a third wave of massive bullish run it’s gonna be really huge and maybe we gonna be seeing a new higher ATH but I guess that’s just a wishful thinking but i’m sure there is a chance for it.
regardless, seeing the market in stable state of just having a good value instead of having correction regularly is already such a reassuring thing, at least its not correction after correction thats coming.
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in coinmarketcap there is quite literally a category under the newly listed projects that are usually low in market capitalization and just getting recently listed either in the exchange and the CMC platform.
if you’re looking for a new altcoins that are about to emerge, they usually available in the launchpads and the like, these kind of platform usually being provided by large and rather famous companies like binance, coinlist and the likes.
these two are usually good start for investment, other than that maybe you could always wait the news of new altcoins listing in exchanges like binance, usually they have big rally in the first minutes of listing.
There are so many IDO platforms other than BSC launch and you have also bunch of various exchange sites that have launched IEO launch pad
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you should just choose a fairly large blockchain that’s huge in market capitalization and not lacking either the liquidity and the trading volume guaranteeing long term assurance of being delisted by the exchanges.
in short, a platform like BNB and Matic could do most of the things that you needed, considering the fact that these two are quite popular for the newbies in cryptocurrency investment, you could say that they are the best options out of any other out there.
also, the dapps in their platform aren't lacking either so you can be assured that they gonna suits you well.
I think that BSC will become the best blockchain for you as this blockchain is very scalable and it has big use base. Avalanche is also very suitable for you caused by it's cheap and fast.
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Agreed, So many people have been getting trapped. Im sure that any scam projeect have no reliable source to get the money to be distributed to the its investors. I have learned a lot from so many cases if the fact that this is the worst thing that always be mentioned by scammers to attract its victim. People never learn from their mistake and they are still making more and more mistake by investing in the garbage project like that.
Those scammers keep doing shit by releasing more and more scam token to the market. I personally think that if this will be a disaster for long term.
People will blame crypto caused by this but only those without any knowledge about crypto
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It's already happened. The fact the last dump on bitcoin has been showing us the lowest level that can be achieved by bitcoin and yeah we have been starting to go up again. There will be no reset again if bitcoin has been showing the bullish patter. The last reset has become the main time to buy or accumulate more and more tokens from the market. im sure that you know this so well if you have been in the crypto market since a last year. Bitcoin has not yet recovered again but once it will be going it and then it will become the main point. Look at this time bitcoin is increasing a lot despite the war that happened.
Im sure that we will be going to moon soon.
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Can anyone tell me if either of these exchanges allow me to deposit Bitcoin SV and trade it for btc or usdt and then withdraw without KYC? - Huobi didn't need KYC(not mandatory) but your daily withdrawal from your account will be limited to the 0.06 BTC or any amounts that equal with it. - Kucoin didn't need KYC(not mandatory) and your witdrawal limit will be around 2 BTC in a day or any amounts that equal with it. - Gate io need KYC (Mandatory) if you have not verified and you will not able to withdraw your money from there. |
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Can someone explain to me this? I literally see the daily highest net gainers to be coins like shiba tron which are like meme coins as they call it. Almost all these coins when i check where its traded is almost always on pancakeswap or uniswap. Those tokens have small liquidity and im sure that those tokens are not reliable to be listed on cex. Majority of new tokens are using dex like pancake to trade its token. Low liquidity token means it will be very easy to be pumped and dumped by buyers and sellers. So basically if you want to trade these coins, you have to get account there?
You need to have account on metamask and your metamask must have connected to the BSC RPC to be able to connect into the pancake swap. When you wanna try to connect into the uniswap and your metamask must use ethereum main net RPC. Pancake and uniswap already built in the different network. https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chainBut how are the fees?
Do you need ETH for this? If you are using ethereum (uniswap) and you need ethereum as fees to trade on the dex and when you wanna use pancake swap and you need BNB to pay the fees. BTC is no use for those exchanges?
No for native BTC but yes for wrapped BTC. |
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