There are currently over 12k coin options and I'm sure many will die from not being able to compete. For long-term investment then I only choose coins that already have a market cap of more than $10 billion, some of the coins I recommend are Solana, TRON, Polkadot and Uniswap.
I also often choose the four coins you mentioned, but for now I'm more often considering ETH, Matic and also BNB for my long term investment and to protect my portfolio from other junk coins.
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Most of the secure investment are those on hype like NFTs which is the whole thing now for cryptospace. I followed a project and they are now adapt on NFT to make them not dead. Because they can visualize if they stake on there native coin nothing will happen. In investing you should also know the history and backgrounds of what you invested as you stated not all recover from dip just choose those creative team that never stop develop on there coins project.
Your advice looks good bro, but if you say to choose a team that always develops projects for better and safer things, why don't you suggest projects that are already very strong like BTC, ETH and BNB which also have reliable teams at work and serve all their users in the crypto space ?
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NFTs provide huge earning opportunities, especially for their creators. That's why NFTs are so popular. In addition, you can earn money on collecting NFT.
The question is how long will NFT provide benefits for everyone? because at the promotion stage every new project being developed always provides convenience and also benefits to attract everyone's attention to them with a very clear goal, and the main target is big investors.
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Transaction fees are serious because crypto is supposed to be cheaper than fiat, unfortunately at this time the transaction fee if sending from exchanges like Kucoin, Huobii or Hitbtc costs around $15-$20, this is what makes me always switch to TRX or Polygon.
I think that's a very reasonable thing mate, because the average price of cryptocurrencies has now increased from the past and has also experienced great development, so it is very reasonable to apply even though the expenditure in the number of satoshi still looks the same, only only the size in dollar terms is different. In the past I often used Dogecoin to minimize low transaction fees, but that is no longer suitable to be applied at this time, so I have to switch to the TRX or Polygon network which is currently still very cheap.
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The correct model is monitoring the information field, obtaining information, and investing in companies that will give growth on good alliances, and high information activity. The wrong model is to break into a project of just a small value of a coin and wait for an increase in value by x100 just like that.
The correct model is very few and difficult to get so some people are still stuck on the wrong model because they don't have a good choice to work with, instead of having to sit back and surrender, they choose to work on coins that can go up to 100x that way just.
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Judging by how NFT are bought and how popular they are, NFT opportunities are very wide and many people invest very large sums in NFT.
And it will slowly end by itself where when the hype and the trend has decreased or disappeared in the crypto space, because whatever is trending and nothing is hype that can last long, except for mature concepts on all coins that are already popular.
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When it comes to long-term investments, the top coins in the market are the best choices to continue with. I see Bitcoin being the most favorable one. We have witnessed many times that people made a lot of profit in it and they even got rich. When it comes to altcoins, I see Ethereum and BNB as the best choices among the top altcoins. And Solana is also a promising project that it can be preferred also.
In essence the top 10 is always a very good choice for everyone in terms of investment and trading because the ones on the top are the best for everyone who knows and understands about cryptocurrencies, so there is no need to look at too many coins in the end no profit
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ETH&BSC are both important coin in crypto market. increasing their popularity day by day. ETH is second position coin in crypto market and BSC is now much popular coin than others coin because her fee is very low otherwise ETH fee is very high.
The amount of transaction fees on the ETH network is already within the scope of reasonableness because the price of ETH itself is already very expensive, and BSC is not the only option for the problem of low fees now because there are lower than BSC at this time, namely Polygon
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I think cryptocurrencies that have a high market capitalization are the right choice for long-term investments, such as BTC, ETH, BNB, Cardano, polkadot, Litecoin, and Solana, because these coins are very potential, so they have a great opportunity to grow in the future.
Not all coins or cryptocurrencies can be suitable for the long term, some of what you said are more suitable for the short term like Polkadot and Litecoin, because both coins are often slow in terms of movement in the market, unless the market is experiencing a bullrun based on the Bitcoin pump constantly.
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I divide my capital in 70% for Bitcoin and 20% for ethereum then I can risk the remaining on any altcoin of choice, but in choosing the altcoin I will rely my search on the most performing coin of the week and check its volatility of market price so I can make quick profits within a short term.
A very good strategy and I hope you can always get profits at any time, because for me personally investing is only in what I can manage and also what I can withstand when one day I experience loss of money or minus assets when the condition is in correction, that's all, but the choice remains on the already popular Bitcoin and Altcoins.
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Of course its advisable for everyone to verify news source before making any move on his/her portfolio. Either it being true or false, try not to panic as bitcoin has already gain its ground here on earth.
However, some people now still immediately believe in whatever is written through the news, even though some of the news makers just need more visitors so that their website can progress and experience an increase in rating, so in the future don't get stuck with news before tracing the source.
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Maybe the real crash hasn't come yet. As suggested by your friends above, you can buy gradually in several parts. I think bitcoin and dot are preferred.
Not only these two coins are liked by many people now, but there are some that are very liked by some people at the moment, namely Solana, Ethereum, Cardano and also Bitcoin as the top coins which are always good to buy gradually.
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Now for some small capital users, your income may not even be as expensive as the gas fee on eth, which is obviously not worth it. So as a small fund user, I prefer to use bsc.
Well if that's true it's obvious because the balance is not worth it so the solution is to choose a cheap one like BSC so that it can be very helpful in taking any profits while you work, but it's just an option you need, so it doesn't mean Ethereum has become bad for you too
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The areas of application of DeFi are growing more and more, which means that more and more people will be interested in them and the popularity of DeFi will continue to grow.
That's what it looks like now, but will it last long in the crypto space? I think a lot of people can't be sure how long this will be and be popular in cryptocurrency, because of some experiences that have happened in the crypto space where ICOs and IEOs have started to fade in the crypto space after becoming popular in the past.
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It won't, but it's nice to dream. I think XRP's dream is to run the derivative markets is why people will speculate into that price but I don't think that will be a thing. Also, I have a huge problem with the founders owning and controlling billions of XRP and I'm sure many other do as well. But it just my opinion.
Did you see it? So you're very optimistically saying that the founders and several others have billions of XRP in their wallets at this point? Having an opinion about anything is not wrong and should be, but it would be better if you can confirm it is very true, not just guessing.
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This affects the psyche of market watchers and fear of big losses, it's hard to keep your hopes up on people who spend a lot of money there they feel the need for adjustments.
There is no need to pay attention to other people about this, because every loss and gain is a result that must be accepted by everyone after the process, so you just need to take care of yourself so you don't lose like them.
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Ripple won't lose the lawsuit, they even have a great possibility of winning it.
When that happens, the price per XRP (which has been suppressed for 4 years now) will increase massively and will shoot way past its ATH.
I don't even see Ripple in trouble anymore and in terms of the lawsuit, because when there is an improvement in the market or an improvement in the price of Bitcoin, Ripple coin has also experienced an increase like the others and this is almost similar to the past when Ripple didn't have problems.
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at some moment fees in Ethereum network will go down and BSC should offer something better than low comission. for now BSC became a good reason for Ethereum to improve.
The increase of any coin is always inseparable from the number of users on the coin, but at this point it doesn't seem to have any effect where when BTC starts crashing, then others follow, just like now where BTC has started to improve its price which is also followed by all other altcoins including ETH and BNB, so the cost doesn't have a big impact on the price of the main coin.
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Panic sell or buy is big problem for every trade and they always trade depend with other information, when some one make fud or fomo never allowed your self control by them. Keep on with your confidence and never give us them chance to make you panic, basicly you need to control everything when price dump keep hold it if you buy good and potential altcoin, but never heard with something big or anything if you got the coin have pump almost 60% until 100% to buy because very risk and you will loss your money when coin raise all time high but keep to buy.
I never depend on other people's information when I start my trading, because now it's very easy to get every information needed if the problem is only about trading, but if the problem is only because of panic, it also depends on how to control and react wisely when there is new information whose truth is still not accurate or proven, so panicking is clearly pointless.
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I think possible for xrp raise to higher price $5 but need time because last cases with SEC commission XRP need to recovery and get trusted from investors again, maybe on or two years later if bitcoin keep consistent easy for XRP back above $5. I am waiting too because I have stock XRP when price still dump and sure one or two years later I will get much profit from XRP investing, just invest now before XRP back to higher price.
I no longer see the problems that have befallen XRP, because it has been going on for a long time and when there is a recovery in the market and in Bitcoin, XRP is also able to make a price increase even if only by a few percent, that means XRP has been able to solve the problem, and if Regarding the issue of restoring investors' confidence, I think it is a little more difficult because investors who have been disappointed in the past are very difficult to be wooed back by anyone.
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