Recommendations from people are needed to consider and analyze the possibilities that will happen to the project you are looking at. I haven't seen a project that has any good future potential for the time bein, and it sounds like you're looking for a character based blockchain project like NFT. How about SOUL, I've heard of video game apps
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It is undeniable that Elon Musk can manipulate coin prices just by tweet on his social media, actually I don't think he's completely wrong, because people's dependence on his words is very influential. The cryptocurrency industry has changed since the entry of some big names like elon musk, because often the price of coins has decreased when criticized by elon musk. Looks like it was manipulated
He won't manipulate people if they wouldn't allow him. The thing is, some investors listen and believe in his shillings and remarks about Doge coin without noticing that he's already manipulating it. Elon Musk does it for the benefit of his own business and it's all about money. Those who listen to him are people who don't do their own research and just rely on hypes. Yes, that's what I mean. After a correction occurred for the price of doge, the public accuses Elon of being the main cause of the decline in doge prices in the market. I have seen this for a long time that what is being done is for the benefit of Elon Musk's business and to increase the prestige of his products like Tesla for example. And what Elon Musk has done is successful and has an impact on the market
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Bitcoin breaks resistance of $20,000. The idea is to reduce its price further. As a result, the price of all Altcoins will decrease because all Altcoins follow Bitcoin. So it is not good time for alts. Wait and see the crypto market everyday. You can buy Altcoin only when you feel that you have got the lowest point of bear market.
I have different thoughts from that This is the first time bitcoin is below $20,000 in the past year, in general it is a good time to start buying altcoins, but due to the instability of the market in recent months, starting to buy gradually is the best solution, on the one hand taking advantage of bitcoin's down moment in the past one year and on the other hand maintain stability with phased purchases. I will start my altcoin investment portfolio since bitcoin is under $20,000.
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this hex : https://coinmarketcap.com/currencies/hex/That's right, it's a blockchain based deposit it's like a banking product, I don't think a project like this will be much in demand in the crypto industry. Even though it offers 40% APY and looks tempting, but I see the lack of hex consistency that can be seen from the development that the team hasn't done for a long time, projects with products like this should be able to active develop products to increase investor confidence.
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It is undeniable that Elon Musk can manipulate coin prices just by tweet on his social media, actually I don't think he's completely wrong, because people's dependence on his words is very influential. The cryptocurrency industry has changed since the entry of some big names like elon musk, because often the price of coins has decreased when criticized by elon musk. Looks like it was manipulated
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I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Bnb is one of the big coins and coins that have the potential to be stored in the long term but if you want to choose to exchange it for other coins the right choice is only ethereum coins. I think there are many options that have a good future, especially in the long term. Apart from ethereum, Solana, EOS, XRP, are also good choices for long-term investment, these three coins are also included in the list of the top coins that are used frequently and have high demand in the market. I understand bnb has potential in the future, but if for the long term it is better not to rely on just one type of coin. But it all depends on you, do some analysis before choosing your favorite coin. If holding Sol, EOS, XRP then I recommend holding BNB will be better than all 3 coins you mentioned. Sol has shown their weakness when it comes to constant power outages and they are almost unable to fix the problem, in my opinion, the EOS project is dead without any major updates recently, XRP is still good but unfortunately, it is struggling with related lawsuits with the SEC, which has caused XRP to slow down and not progress further in recent years. Yes I understand BNB is superior to the three previously mentioned coins. This speaks for a long period of time and I think it would be best not to rely on one type of coin. Despite the reasons above, XRP and SOL still have a high market capitalization, indirectly the high market demand for xrp and sol is a flush value for me to consider. For EOS haven't made any updates, I'll admit, but over the next 5 years, I'm adding eos to my list of long term investments.
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I still keep Luna on Binance even though many are pessimistic about LUNA's future but I'm optimistic that the team will immediately take quick action to restore LUNA, the many negative speculations about LUNA certainly don't make us panic by immediately selling LUNA.
This might be one of your grave mistake but then again there is nothing much you can do since luna has quite literally lost 99% of its value. The team behind luna itself I doubt gonna make any significant move in recovering back luna classic since they already running out of their reserved fund. I still can't believe there are still people expecting Luna after what happened The developers of luna released luna classic in hopes of recovering luna after lose more than 90% of the selling value, I don't see it coming to fruition. The team still continues to drain investors' funds with the developments and hopes and promises given by developer Luna. I don't recommend it to anyone, but I want to say avoid getting involved with Luna if you don't want to lose more money.
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It is quite obvious that the market is now in a full-fledged bearish phase, which means that buying and investing should be approached as carefully as possible. It will be very difficult for new projects to move against the general market trend for a long time. I personally will hold off on investing in something new for now and just wait and hold my portfolio.
Yes, it will be very difficult for new projects to move in this kind of market situation, also seen lately it is rare to see new projects in the market unlike before. On the other hand I do not delay my investment in the current market, because it seems to me that it is time for me to be able to start buy the coins I am interested in because I still believe bear market will end. I still hope the market will enter changes before closing the year
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19% Annual Yield Percentage I think that's quite high I hardly found anyone who gave APY that high, but I might be a little doubtful if it wasn't from popular circles Has anyone tried it, is it proven and reliable in managing our finances? Maybe I'll consider coming there if it's really to be believed I expect clarification from people who have tried it
By the way, this is a great solution for investing in current volatile market conditions and potential losses if choose to invest in coins.
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I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
Bnb is one of the big coins and coins that have the potential to be stored in the long term but if you want to choose to exchange it for other coins the right choice is only ethereum coins. I think there are many options that have a good future, especially in the long term. Apart from ethereum, Solana, EOS, XRP, are also good choices for long-term investment, these three coins are also included in the list of the top coins that are used frequently and have high demand in the market. I understand bnb has potential in the future, but if for the long term it is better not to rely on just one type of coin. But it all depends on you, do some analysis before choosing your favorite coin.
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Now the market is down, there is a big opportunity to buy Ethereum or Binance Coins because in the future the price of large alcoins such as Ethereum and Binance Coins will skyrocket. if you are currently holding ethereum coins, don't sell them because the prices are cheap, hold on ethereum coins, don't panic because the prices are going down.
No one will sell ethereum in this situation, if look at the previous day ethereum was above the current price, selling it is the same as making a cut loss, I don't think anyone would cut loss for a coin as big as ethereum, ethereum is a big coin. Panic is only possible when holding altcoins below the top coins, maybe like luna, shiba, etc. But I don't hold ethereum, I prefer to hold bnb, even though both have the same drop but I feel that bnb has more potential than ethereum
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My biggest mistake now on bear market again still ididnt learn how to trade or how to expert on ta thats whay ill still lose in future trade. Still didint know what is my strategy in trade.
In a bear market situation like this, it doesn't only happen to you, but almost all investors experience losses in trading during this bear market, even if we choose the top coin even though it still experiences a decline and gets us a loss. To be honest I have a point buy and point sell strategy but it's still in vain during this bear market so I decided to take a break waiting for this to end
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It is very sad that Luna team can't prevent LUNA price to dump, even after they forked the coin ! Currently, LUNA v2 price is around $2 which is far below the initial price when it forked from LUNA v1. Im really not sure about this project in the future, they should get the trust from investors first.
With what happened previously, it's tough for the team to regain the trust of the investors, they needed find ways to look for better opportunities that may attract new and old investors to gamble again with their fate in trusting Luna once more time, Hard to assess, especially when the market is experiencing massive fall, most of the investors are holding in entering the business. Of course it will be difficult for the team to make investors believe again and clearly it is not an easy job, considering the current market conditions are also not supportive of course investors will also think and consider many things before returning to believe, Let's see what the team will do in the future I think investors trust in Luna is over, even after the developer released Luna V, it still hasn't changed much from before development And as you said with the current market situation, investors' hopes for Luna are disappearing But I'm still wondering how it fell that far, while seeing the top coins not drop more than 80%, so how did it happen?
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If I were a developer I wouldn't choose BNB, I would choose HBAR and CNDL. These chains have the best grants for developers and IMO, a much brighter future. There is a dark cloud of regulatory uncertainty hanging over the head of everything involved with Binance. It's better to avoid that.
Whatever the reason, the reality is that BNB is currently in great demand. New coin developers think about profit, and there is no denying that if developers list their coins on the binance smart chain network, it will be easier to get profits and faster to be recognized by investors. And it is undeniable that for now many investors are more interested in coins from the BNB network
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maybe because the current bounty allocation is not as big as it used to be so many people leave the bounty and the bounty looks dead..
I don't think it's about allocation, maybe because a lot of scammers give out prizes or results that aren't worth the effort. Bounties are still in demand and there are still many loyal ones who don't leave bounties, but it's different, now it's no longer with altcoin bounties, most choose signature bounties with clearer payments such as btc, usdt. It can be seen in the gambling thread, almost all of those who are active have or follow signature bounties, proving that bounties are still in demand but not altcoin bounties.
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Now it has started to enter June and is already in the second week so in my opinion this can prove that it is not easy to predict cryptocurrency price movements, in the cryptocurrency world you have to be careful to predict price movements can change instantly when there is good news or bad news which circulated in some very important articles.
Yes it is not easy and it is never easy to predict cryptocurrency price movements. From what I understand the price movement of a coin depends on the demand in the market, and the demand in the market can have an effect on positive and negative news from crypto. But I'm still optimisti that not much has changed in the middle of this year, my prediction is that the market may start to change before the end of the year.
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I will still support USDT, even though there is no significant difference between usdt and usdc, but when viewed from various aspects such as, transaction volume, demand, market cap, usdt is superior to usdc. In a situation like this, it is the right decision to maintain the stability of your assets. So I suggest sticking with usdt
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The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.
Based on a post made a few months ago or more precisely April. At that time btc was between $38k - $40k and now btc has reached $22k or has decreased about 40%. Of course no one would have thought that bitcoin would experience a correction to this deep. My 40% drop is a pretty deep drop for tens of thousands of usd worth of coins. And news about covid has started to decline, whether bitcoin will survive or experience a deep decline as the economy recovers without any more panic.
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I rather not suggesting newbies to invest on new project, too risky i must say. In this bear market, there are many scam projects trying to steal money from people. I guess the safer way is invest on top existing project with small amount of money first, then they can learn how crypto market moves.
That's the right advice, I agree. But in reality it happens a lot, many newbie get into cryptocurrency investments because they are addicted to the results obtained due to new projects or new coins. And it is undeniable that during the last few years many new coins have emerged that provide high returns to investors, while also risking deep losses. This is the world of investment, to get a profit one must be ready to accept all forms of risk that will occur.
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I never know that Elon Must create a new token this recent time only. And you didn't mentioned what coin is that if that is true unless its only a rumors you heard from the others. And we all know that if ever this is true surely the value of the coin that Elon will mention surely it will spike the price value in the market, due to we knew that ELON MUSK has the ability to influence the community to buy the coin He promoting in the cryptocurrency.
I think you misunderstand. Yes, Elon Musk does not generate new tokens. This is about Elon Musk's tweet last year about the shiba inu, not long after that the shiba inu was quite high on the exchange. I admit Elon Musk is quite influential in the cryptocurrency industry. Whatever type of coin that enters Elon Musk's social media will definitely affect the coins on the exchange, regardless of positive or negative tweets, but don't be surprised because he is one of the influential figures in the world economy.
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