XRP, TRX, and other similar currencies,
What are other similar currencies?If we are talking about long-term investment, I will prefer to choose Bitcoin again for the long term, at least 4 and more years. This is based on what happened right now, we can see the significant increase of Bitcoin so far, experiencing more new ATH during this bullish era although right now the price still hits low. And about and XRP, we know that they are also top coins. But, I am not sure that I will pick them for long-term investment. It still offers higher risks than Bitcoin. And moreover we know how the problem of XRP previously, it becomes also one of my considerations. Maybe there will be other problems again in the future. Xrp still have risk due their problem with SEC, its been for many times they must face SEC in the court.This thing will really make investors scare and worry if someday they lose. We still face uncertainity if this problem continuesly occur in future. There are another coins or project have better potential , for example solana that be trend now. |
|
|
|
Many people want to try their luck in the crypto world by creating new projects, they do fundraising. Therefore altcoins become rampant and new projects
keep popping up. But in the end many projects die and don't last long, because indeed most of the new altcoins circulating do not have a clear function
and are only a copycat of the previous altcoins. So be careful in choosing altcoins for investment, choose ones that are quality and have strong fundamentals.
fake developers now try another chance to scam our money by creating shit project. there are soo many useless project that actually shoud not got attention from investors because they just duplicate existing project without any new developtment. while we find this project better to avoid and come to major coins only. |
|
|
|
Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
Crypto is different from real investments like stocks, properties. anyone wants to profit but it seems that it is difficult to achieve because there is no technique that can guarantee that we will profit, all we can do is try our best, always follow the latest developments and keep trying. we still have probability to earn profit by analizing price action. there will always ways for us to generate profits as long as we learn trading skill and never give up when facing market that make us loss.If compare to another market it is really risky , but we could manage it so cryptocurrency will more interesting to earn bigger return if compare to another market. |
|
|
|
Indeed, many hope that when the next bull run occurs, meme coins like Shiba will follow the trend of the previous Dogecoin. But I think this is not something easy. Shiba is indeed very active on the Binance exchange, but Shiba's existence is not like Dogecoin. Shiba relies on the Ethereum and BSC blockchains.
which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position. and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon. shiba need to prove their self if want to survive in this bearish market and could called as the next doge coin.DOge coin was existing coin which survive in many bearish wave in few years ago and even many people said this coins was not deserved called as cryptocurrency. bearish trend still run for long term and i am doubt it could hit 100k this year and all altcoin will follow it |
|
|
|
I was also old player in crypto and experienced a big drop in 2017. i was holding 80% of my total whealth in crypto (i was in college back then) and my portofolio dropped till almost zero. There are a lot of experience that i learned from those market crash and right now when the market down again, i'm not panicking anymore, i keep buying coins that is fundamentally good for me and wait the time to take profits maybe in years ahead.
our experience give us mentality , traders who pass 2017 crash will stay cool and not be panic by selling all assets in bottom. we know how to face this bearish trend no matter our assets at this moment decrease alot. Personally i am still hold assets with more initial value $5k and now its drop. I am long term investors which is developtment be my main reason to hold. in few years i am sure it will give me huge profits like i hold bnb eth in few years ago. |
|
|
|
Easy enough, just short doge against usd. I'm on the thinking that doge will plummet. Tons of money can be made on the downside as well. And everyone saying Elon needs to do something, Ultimately he can't do anything about the price his tweets and support were artificially propping it up.
Elon will not shill this meme coin again ,enough for elon shilling dogecoin because looks like he got good profits from his personal account. although this coin difficult to bounce , we still have oppotunity by trading future and open short . In this bearish trend very opportunity to get profits by selling doge, moreover traders and investors now loss confidence to buy it. |
|
|
|
Cryptocurrency provides investors with high profits and people see the profitability in the crypto market, so many altcoins will be issued. The cost of new altcoins will be very low when they first appear, and many people will choose altcoins to obtain high profits through low investment. But high-profit investments in the short term also have high risks, so investment must be done with risk management.
profits was difficult to earn if we invest our money into shit project like most launched recently. Don't ever imagine we could easily earn profit in short time because price move extremely, especially in new project that recently launched. most of investors will quit if they earn profit no matter how much is it. If we come lately , we will get rekted and suffered loss. |
|
|
|
|
it is big step for bank for providing service rellated with cryptocurrency . it give opportunity for two side , first for bank its self. This services will attract more people to be their customer. with staking services , easy for crypto customers and it will give more guarantee for fund security. and for crypto community , it will bring more adoption crypto tecnology in finance institution.
|
|
|
|
I can say that the current market is like hype. with the hype in a project and the rising price, most people don't care whether there is a use case or not, but just profit; this is the reason why most shitcoins pump more than most legit coins. That is, legitimate coins take their time to offer something meaningful that will last.
I agree about hype. There are various coins that are made through hype and had an increase due to it. But as long as you know how to take it and make money from that hype. It's a good time for you to buy that coin as long as you know or have an idea if the hype is about to end or not. investinn in hype project only could survive in weeks count, this is the main strategy to attract investors or traders. usecase and utility must be the first thing , and ignore about HYPE that start spreaded in market. Some project prefer to pay influencer to promote the project , and unfortunaly we trapped this condition |
|
|
|
I don't really recommend chasing airdrops, because in my opinion airdrops are just a waste of time and effort, because most airdrops have no value at all, in the end the coin has no price
please dont ever underestimate about airdrop program in market,i know its really annoying because most of airdrop program were scam project. But some of them could give us worthed money if comparing with how easy to do airdrop program task. this program now be trend again , and many hunter prefer join in airdrop program due its easinest. |
|
|
|
Wait and don't make a panic sale it won't turn things around. if you can control yourself in good faith, then defeat can be avoided, just wait until the price is more than what you bought
I think that's the problem with the OP. he came in haste because of the hype that was in the market. he was intrigued because of the excellent crypto news. he was too panicked about the condition of the assets he had. and I believe he trades and invests without a good plan. recovering all that quickly in this year, I guess the OP really has missed the train. the rest of the year will not be as good as the start of this year. we'll take a look at some of the developments that make the market move well. but it won't be as good as the bulls at the start of the year. this is big mistake OP open transaction without any plan that will decribe about money management , reason based on technical or fundamental that be reason why they buy crypto currency. the rest inf this year , still have unclear situation. Bitcoin price and market contain mix fundamental or technical so its make beginner feell doubt to crypto market. |
|
|
|
In my opinion, Binance Smart Chain can't beat Ethereum. What makes BSC so interesting is when Ethereum gas fees were very high a few months ago. Therefore, BSC is a solution to overcome transaction costs and low transaction speeds.
although there alot project launched under binance smart chain platform it doesn't mean replace ethereum . As the smart contract pioneer ethereum have fanatic community which is will not leave it due other feature from other platform. The gas fee problem could solved soon in developtment that many times said by core team. |
|
|
|
I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.
That's true, I witnessed that situation too, and I panic a bit. But because of that, I learned and understand that bitcoin will never die, it may look like it has collapsed but it will surely recover. Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?
You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.
$30k is still a huge amount if we compare it to the last bull run, from $20k it dropped to $3k, so we might see a drop from $60k to $10k at least if the same trend will happen. It may look so low but we have to open all the possibilities as it's needed to make a good judgment regardless of the market situation. that's around 10% left if price goes down from 60k to 3k , and we hope its not happen again to us. Market will be very panic and everyone could sell their crypto assets except who still believe about crypto future. Market move very dinamic and all possibilities should calculated to prepare the worst scenario. |
|
|
|
I've been looking at this coin for a long time http://cosmos.network/https://messari.io/asset/cosmosThis is one of the ecosystems that will compete with Ethereum and Polcadot. The price of the coin is not the best for purchases, but I plan to start investing at a price of less than $ 9 this is be my favourite coin at this moment , i see there are alot interested developtment in this project. IF you buy cosmos at$9 , today you earn profit $4 for each coins and its more than 50% from your investment. with highest price around $37 , its still have big gap to filled and be our opportunity. |
|
|
|
|
personally i called coins as shitcoin while its have no developtment progress, no utility , and the important thing is no trading volume so we could not sell it or it have low liquidity. In doge or shiba inu case , i still believe this is not shitcoin maybe i could called it as useless coins because both of them have no utility but its still able used as speculation assets.
|
|
|
|
Currently the crypto world is hitting negative news so that the value of bitcoin and altcoin continues to decline, after China banned the mining of the crypto world and now Mexico is also doing so then this continues to adversely affect the value of bitcoin, although Mexico is not a developed country but it also affects other countries that will follow Mexico, but rest assured the crypto world has stood firmly and developments will continue.
Mexico has no power like CHina . When mexico fud release its have no impact at all, at this moment cryptocurrency market centralized in China. every negative news from this countries will directly shake the market, but the good thing was miners start distributed to several countries and not centralized again in CHina. So it will bring the balance to crypto market, for long term it be good fundamental. |
|
|
|
|
meme coin such as doge ,and baby doge truely as speculative asseets,most of holders or traders buying this token due instant profits. Hype or tweet from popular person will be main thing to pump its price, and when hype gone they will rekted and only pain they will got. Better to put our money into reputable project than speculate it to shitcoin.
|
|
|
|
Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.
be wise with your investment, always use free money. if you use your salary better to use it for daily need and saving for urgent condition in future. when all of this filled you can use the rest for buying cryptocurrency so when its price drop will not panick to sell. ethereum was good coin in market , but we must wise using our money due market volatility. |
|
|
|
|
not all new cryptocurrency have big risk , dont generalize new project will be shitcoin in project. we must remember existing project such as binance , solana , xrp , ethereum were come from new project that have quality and good support from crypto community. If we find another new project with same qualification with existing major coin we should support it. someday when roadmap totally build , its price will soar .
|
|
|
|
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
there is nothing we can do, but maybe we should be more careful in choosing cryptocurrencies to invest, therefore I prefer to invest in cryptocurrencies that are already listed in biggest exchange (Binance, HitBTC, Coinbase, Bittrex, HotBit) and have product, because it is safer than investing in new cryptocurrencies. existing major coins will be better than speculate in MEME coin or token with no utility, we can find it on above exchanges with high liquidity so we should not be worry our token able to sold or not. New project actually have huge profit potency too if we able to screening and filtering which is will be hidden gem or be shitcoin. the thing we should to know , major coin come from new project which is have good support. |
|
|
|
|
Show Posts
