Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home. Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin. But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know 1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into Bitcoin? 2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance? 3. If alt coins survive in the next century what is the reason it would. 4. Should alt coins be traded rather than HODL? I hope my questions aren't too many. Thank you for your time once again. 1. of course the price of altcoin will also increase very high, because more investors will invest and use cryptocurrency; 2. there will be no significant changes if Bitcoin is accepted by the country, because Bitcoin is already very popular, so Bitcoin and altcoin prices will definitely continue to increase every time, even if Bitcoin is accepted or not by the country; 3. because many companies are starting to use cryptocurrency (Bitcoin and altcoin) for their projects in the future; 4. it depends on you, if you want to invest for the long term, then you better to hold. |
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Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
altcoin will not end, it's just that not all altcoin will survive, because now investors are very smart, they choose altcoin that have functions and are useful in the future, so altcoin that are not useful, will surely end, therefore if you want to invest in altcoin, it is better for you to invest in altcoin that have functions or even altcoin that already have project. |
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I have all of these coins:
ETH 40%
CARDANO 20%
POKALDOT 20%
TERRA LUNA 5%
THETA 15%
Avax: 10%
Are my coins going to last is it likely?
that's right if you invest in Ethereum with a larger percentage than the others, because in my opinion Ethereum is the king of altcoin, so of course the price will definitely increase very high and you don't need to worry about investing in Ethereum for the long term, because until whenever Ethereum will definitely survive, so you can never lose investing in Ethereum and instead get a lot of profit from investing in Ethereum for the long term. |
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In fact investors now want to become millionaires quickly which is why they are retiring from old coins and investing in new coins so that they can become millionaires very quickly. Besides, it is collected from their thoughts so we cannot change it even if we want to. In the past year people have become millionaires by investing in new projects so newbies are looking for such opportunities.
absolutely true, but of course new projects are very risky and not all new projects can provide profit or even there are new projects that actually make investors lose money (scam), therefore if you are ready to take the risk of investing in a new project, then you can trying to invest in a new project, but if you are not ready to invest in a new project (the risk is too high), then it is better to invest in Ethereum, because Ethereum is the best investment for the long term and of course by investing in Ethereum, then you will definitely get profit and your money will definitely be safe compared to you investing in new projects. |
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You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
of course it is very risky to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin). |
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Can you please help with any Altcoins that coins that someone can invest on in this particular time.
there are 3 altcoin that are good for investment, because the price is likely to increase very high and of course it is safe to make a long-term investment, that is 1. Ethereum 2. Binance 3. Ripple believe me, if you will never be disappointed to invest in this altcoin and of course you will never be able to buy this altcoin at a cheap price like now in the future. |
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Is your goal to make 10x profit? Is that right? If so, we have many safer options than XLM, such as ETH, BNB, or ADA...lots of potential altcoins hundreds of times your old coin. Honestly, I didn't even remember it until I saw your thread. Or if you have better knowledge, I recommend investing in new projects rather than old ones like XLM or XRP. We have potential projects for the next bull season, like ARB and APT...Many projects are about to release tokens, so why ignore them?
I think for ETH, BNB and ADA it can increase 10x, then it requires 2-3x bullrun, because the price of ETH, BNB and ADA has increased very much from the initial price, so it's possible that if there is a bullrun in the near future, then the price of ETH, BNB and ADA may only increase 3x-5x, but I agree with you that ETH, BNB and ADA is a safe investment for now and long term. |
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I see ETH to become next blessing in disguise, I remember when it was around $100 people condemned it not to go anywhere within the space of a month interval ETH shuck the price in 500% increase and today is about $1800 let's watch and see ETH will create unbreakable records, channel some useless coins you have to ETH and relax in future.
I agree with you, therefore as long as the price of Ethereum has not reached its ATH price, so I will continue to do DCA Ethereum every time I have money, because I believe that when the altseason occurs, then the price of Ethereum will definitely increase very high and create a new ATH price, so I will get a big profits by taking advantage of the current opportunity to buy Ethereum at a low price. |
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to be honest I'm not interested in either of them, because both is very high risk, so I'm not too interested to investing in both, because in my opinion if I invest in both then I have to be prepared to lose my money, therefore I prefer to invest only in Bitcoin or altcoin that are useful and popular, so my money will be safe and of course I will definitely get profit too.
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I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
it's not that people don't trust to invest in altcoin anymore, but it's usually in the beginning, if the price of Bitcoin starts to slowly increase, then the price of altcoin is sometimes still stable or even only increase slightly, but when the price of Bitcoin starts to increase very high, then the price of altcoin will starts to slowly increase and when the price of Bitcoin starts to stabilize (no decrease), then of course the price of altcoin will starts to increase very high (in my opinion the cycle has always been like this). |
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DCA is probably the safest. However, If you see a coin pumping and you want to join early - usually best to wait for the little dip after the pump. Try not to buy the top of any coin.
I agree with you, DCA is the best strategy for investing in cryptocurrency, because it can make us get profit quickly, but I still recommend to investing in popular and useful altcoin, because it's safer for you, so of course with you invest and do DCA, then you will definitely get a big profit, therefore I never recommend to investing in meme coin or new altcoin, because of course it is very risky for you. |
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There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
of course I agree that Ethereum is the king of altcoin, because until now Ethereum is still in 2nd position on coinmarketcap, so that proves that there are still many people who believe to investing in Ethereum and using the blockchain from Ethereum, therefore there is no need to doubt that Ethereum is the king of altcoin until now. |
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Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
if you really want to invest in BNB for the long term, then now you are allowed to buy BNB, because the current BNB price has not yet reached ATH (still below the ATH price), so if there is a bull run in the near future, then you can already make a profit from investing in BNB, because I believe that if a bull run occurs, the price of BNB will reach ATH again or even create a new ATH price. |
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Is now a good time to buy BNB? If you question that, I think the answer is yes. At the moment the price is falling, many coins are red. That's a sign it's a good time to buy coins including BNB.
that's right, moreover BNB is one of the best altcoin to make an investment, so of course by investing in BNB we will get a big profits in the future, especially now that the crypto market is in a correction or bear run, so this is a good opportunity to buy BNB and hold BNB until the bull run comes, because I'm sure when the bull run occurs, then the price of BNB will definitely increase very high or even make a new ATH price, so we will get a lot of profit from investing in BNB at this time. |
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Hello Everybody I bought some Coin before market Crushing, and I belive that all will recover soon, becouse all Coin is good. What is Your opinion about my Coin PBR, ATLAS, DOGE, PKR, TLM etc.
I can't say altcoin that you invest is good or bad, it's just that it's better for you to do DCA and if you get profit then you can immediately sell it, but if indeed you have done research on these altcoin and believe to invest in the long term, then you you can hold and wait for the bull run to come, because the most important thing to investing in altcoin is to do reasearch (DYOR) and not invest because of hype. |
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Best is to avoid altcoins all together and just stick to bitcoin that you store in open source wallet like Electrum or even better hardware wallet. That way you dont have to worry about these types of airdrop scams
I think it's better to create a new wallet that only used for airdrop, so it's safer and makes our main wallet more secure, then of course we will never be afraid to participate in any airdrop, because the wallet we use to join airdrop is a new wallet and not a wallet for storing assets that we have (main wallet). |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
if in my opinion the right time to buy coin is when there is a fud in crypto market, so all coin must go down and that is your chance to buy coin that you want to buy at a cheap price and when there is a good news, then it is an opportunity for you to sell it and get profit from your investment. |
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Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.
With a market cap of $21m already, how high can this really go if all goes well?
Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.
Are you for or against XRP?
I am one of those who still support Ripple and I think there are still many investors who believe to investing in Ripple, because the market cap of Ripple is still very high and Ripple is still in the top 10 on coinmarketcap, so I'm sure if Ripple can still reach its ATH price or even when a bull run occurs, then of course it is possible for the price of Ripple to create a new ATH price. |
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I hold Algorand and not sure if I should buy these low prices or just hold and accept its over ??
It is currently at its lowest price in 3 years and almost at its all time low.
The SEC labelling it a security has put a lot of fear into everyone.
Does it have a future or is it over?
In my opinion, the current situation has indeed made cryptocurrency prices fall, including the price of Algorand, but as long as Algorand still has a progress, then of course Algorand can still recover and increase again, so if you really feel that Algorand has progress and still active, then you don't need to worry, so you need to keep holding and doing DCA Algorand to be able to get profits quickly. |
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