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Once the person buy one piece of NFT, he/she has something big expectation that may fullfil in due time. If they bought expensive one, for sure they know something we didn't know or maybe they are so much fan to that NFT artworks. I also have pets in dpet but I don't want to buy NFT just for collection. Maybe because I am not a collector or a fan.
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Most of the time when I lost my money in cryptocurrencies investment. I think positive that the token price will increase again in due time. I also believe as long as I have it even the price dump, I have still a chance to earn profit if the movement turn to bullish trend. Many times I experienced loses because of market volatility. But I need to adopt and adjust to overcome my loses.
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Projects without strong foundation will end up to trash and become dead. It should have strong foundation in order to overcome the unfortunate circumstances that may happen along the journey. Funds, team, community, partnership, and target with passion to pursue the goal to success should be high and determined. Weak project will fade. But the top 10 are strong enough to stay longer in cryptocurrencies ecosystem.
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True however it is still lower compare to Ethereum gas fee cost of $8 per transaction while in BSC it is $1.5 or $2. Although gas fee is increasing the people still choose to use BSC than ETH because of cheap transaction over $8 per transaction of ERC 20. I hope BSC will not increase the gas price every time. Because it would be difficult for small time to do transactions.
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If Bitcoin will hit $100,000 this year, I assume the top coins will also increase but not all tokens will go with the flow. There are still tokens that cannot cope up to fly since some are develop for unclear use cases besides to use it on making money like scam and pump and dump tokens. Ethereum, BNB, and CARDANO are all potential to increase because of their relevant and timely use case.
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Addiction is serious case up to the point sell your house and lot and everything you possess for Bitcoin. I think you aren't there mate but you are in the place to love Bitcoin deeply even until you sleep you dream about it. For me, just an example the actual Addiction on drugs, alcohol, woman, and casino could come up to severe health and family problem. Just an opinion
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The altoin of the week would be Mobox. After the announcement of Binance that they will list Mobox, hype happened and that price went crazy up to $5 from below $1. I also think Mobox is potential and has a lot of advantage as we know Binance will not list any token without completing the requirements and standard.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Entering into investment or trading specially on crypto should first have enough information and knowledge to anticipate scam, fake, and of course emotional trading basis. Emotional traders will always experience worry and panic selling when the market is not in good condition. It is recommendable to deal crypto trading or investment with knowledge and proper approach to become effective. |
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I heard about pi network but I don't know if their plan will success. They has a bright plan for the world that needs big funds and enough time to make things one by one. To have pi token is so easy. Just download the app and log in everyday to mine pi token for free.
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If planning to save money to prepare the possibility of bearish in the future, stable coins are good asset to store. In that case you have usdt or busd to use once dump occur. I guess Eth and Binance has nothing to do about stable coins value.
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First, may I appreciate your action for asking first before you invest in Bitcoin which you know it is volatile. As what our seniors recommendation, store your Bitcoin in the safe wallet, avoid emotional point of view, do not panic. All of these are important to deal your crypto investment life daily. Maturity is necessary mate. Good action. Keep it up
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I think HEX holders are so lucky. Imagine you bought HEX during dump $0.01 and hold until now $0.16. Huge gain for you and the patience worth. When Bitcoin dump or pump we should not be panic because there is a time the value of our token will increase although not always because it is also depends on our tokens. Huge gain for potential coins. Loses for shitcoins that didn't have bright future.
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I know safemoon is potential and has a lot of community everywhere. They also have a lot of holders greater than any projects in just a couple of months. Not yet 1 or 3 years in crypto and yet it is blooming and shaken the whole crypto ecosystem during it's hype. Now safemoon is developing something big to come for adopting wallet and it's own blockchain.
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Pretty sure Solana will become more valuable due to its unique concept and platform to compete in crypto. Sol is one of a kind that is potential to invest and will become more valuable as the years passed by. I'm one of unlucky guy that didn't know So during it's starting point. Hold Sol because it could hit $100+ in the future.
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Seldom to have a profitable airdrop tokens. I recommend to participate in bounties particularly the bounties that are handle by trustful manager. Although not sure to have a better ending but it is much better than participate in 100 airdrops then no giod return even one. While in bounties, the manager will not promote the scan project if they know it. There is a higher chance to earn good profit in bounties than airdrops. Patience is the key.
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Staking is good strategy to earn passive income by holding while waiting the possibility to have some beautiful moments to happen in the future. Yes, a lot of coins has a good apr but you cannot appreciate the daily profit if you have only few tokens in it. The more you have coins the more the higher the daily profit. Binance exchange has a lot of staking. It depends on you which you will choose. Another site is pancakeswap.
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As long as the team is working behind the scenes, there is a chance to see the bright side in the future. But if the team is just fooling the community with scripted lines over and over again. That is the problem. I think leave that token and forget. Have some time for other potential new tokens that are really in good shape for the future.
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Pretty sure don't buy on high instead sell to have a profit. Meaning buy low and sell high. This is what I know the basic fundamental in crypto investment or trading if you are aiming for profit. Even the value may dump as long as you have the coins in your wallet. You are not really lost unless the project turned to dead.
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I think if you buy BNB, ETHEREUM and Bitcoin now would be a great thing for you after a year. The 3 coins are potential and has a lot of improvement and products also a partnership to different big projects. Every year these coins will become more valuable.
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