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I think if there are too many like this it will not be healthy for the market, because we now have many solutions with transaction fees and speed, but what happens is that ETH is still at the top of smart contract.
it is better if the new project makes good use of what is already in place rather than having to create another smart contract.
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basically nft is an inseparable part of crypto, and will have an impact when the market starts to decline, but nft is very unique and I believe it will last a long time in the crypto world.
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I will continue to trust crypto despite the bear market throughout the year. especially now that the crypto market is getting bigger and bigger in the digital world, with the current decline being an opportunity to buy back the best altcoins in order to get maximum profit. I believe the most appropriate moment when investing in crypto is when more people are selling than people are buying.
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one of the altcoins promoted by Elon Musk and already listed on a big exchenge like Binance, most altcoins listed on Binance will continue to increase over time following market trends that occur in the market, even though this is just a meme token but who would have thought the price of Doge could be like it is today , maybe the shiba inu can also catch up like doge.
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My biggest profit was this year when I invested in defi projects in BSC, from an investment of $100 I could make $4000 in just a month, although now there are many scam BSC projects but I'm very grateful to find pdao in March yesterday.
This is the great thing about crypto being able to change a person's fate in just a matter of months.
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This method will work if you enter at the right time, if you are late and invest when the price is too high then the whale will destroy the value of the coin making it worthless.
try to go against the grain once in a while and don't expect anything miracle.
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as long as you are ready to accept the risk of investing in an ico such as an altcoin that ends up being a scam and has no value at all, then just do what you believe that the ico is worth investing in.
The greater the risk, the greater the profit that can be obtained.
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believe that a signal like that is just a prediction that anyone can do, it's better to do your own research and believe in yourself to determine the decisions you make. You can follow the signal but if it's too high, don't force it to enter in order to make a profit. maybe for reference you can follow this channel https://t.me/joinchat/U45_Wx6cTnM5YmM9. |
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My question is do you want to invest only based on followers on their social media accounts only??
there are many ways they can get followers, maybe through the Telegram channel which has a lot of followers who talk about new projects on the BSC blockchain and do marketing there apart from bounty and airdrops.
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when it comes to someone's life, of course I prefer to sell altcoins rather than having to look for other income that doesn't necessarily meet needs, investing in altcoins is what it's good for to meet emergency needs that can happen to myself or family at any time.
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meme coins are not for long-term investment like btc or other top altcoins, I feel like coins like this will always exist as long as they are always exposed by influencers and are also listed on several major exchanges, what is clear is that meme coins have taken a lot of investors' money and vice versa make someone rich in just a few days.
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Of course we expect eth gas costs to remain as consistent as this, with many defi projects now running on various smart contract blockchains at this point it would certainly not be good for ETH to continue to maintain high gas costs.
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basically bsc is just a platform that serves every project running on it, as for the hack that happened not because the bsc has a few validators, but how every project in the BSC secures their own products.
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to get x 1000 in a few months is certainly something that is difficult to achieve considering the market is currently in a major correction phase with lots of fud currently circulating, only new altcoins can make x 1000 profit. but for now most of them are over. with a scam so whatever choice you make to get something big takes a big risk.
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I feel that there are more and more smart contract platforms in some altcoins that allow us to have many options to find hidden gems, while matic is currently too early to compete with ETH because I feel that matic is still too new to this market whose strength has not been tested when the market is bearish struck.
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Crypto market is supposed to be corrected, so that it is even stronger than before, and for Elon Musk and China we have experienced this many times in the past, strengthen your mentality to get used to this market, don't let the whale control your emotions.
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When compared to doge I am more interested in matic which is clearly trying to put themselves ready to compete with ETH, whereas doge is just a pump and dump pattern which all depends on Elon musk.
if investing is only based on hype if you are late it will be difficult to return your investment but if on something that tries to make the best out of what is already there it is the right choice in my opinion.
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maybe those that have the potential to increase rapidly in my opinion are Polygon (MATIC) and solana which are very interesting altcoins to see their development in the future, I personally will not miss the opportunity to invest in these two altcoins which in my opinion could potentially be in the top 10 cmc in the near future.
we all know that airdrop solana, most of them have fantastic value compared to ETH or BSC products.
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