i agreed with many that stated this coin getting abandoned by the investors, their ecosystem is just that boring and bad I think thats why many don't see any characteristics that is unique from these coins and instead, just abandon it altogether.
During this period, no really interesting projects appeared. Many never made it to the mainnet, and some have already gone bankrupt. There was also a lot of scam and you can see it now. I do not see much interest among users, even if Bitcoin has now risen in price quite well. Sui has not added much in price. I think they could always make recovery soon in the future. maybe the current dumping was caused because some investors in general are hesitant to invest due to the vested coins that gets unlocked every day. they will definitely wait untill all gets unlocked to see the true value. |
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investing in meme coin and shitcoin in general is like gambling and investing too much in it will spell destruction.
it's easy to figure out that these are just games and those investors aren't really investing honestly.
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many of them will survive in the long run but its just that their value will be near zero, just like meme coin with hundred billions
total supply, they did survive but their value usually very low.
I don't remember that the price of an ETH coin dropped to zero when the burning mechanism was not introduced yet. As for the coin meme, Doge, which has an unlimited supply, shows no signs of collapse, while the price changes in accordance with the general movement of the market. eth have really good utility, and their total supply that's supposed to be infinite just because the coin mined every day back then and have no cap unlike bitcoin so they have no idea how many supply until few years in the future, so I guess it's fine calling it infinite supply while really it isn't. |
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Hi all,
Yes have decided to go with most advice and just hold till the bull run.
I am not experienced trader so don't want to risk losing everything I hold.
Hopefully we are only months away from the bull run now as it has been testing my patience lately holding but will continue to do so.
its always good to just be patient untill bullrun but thing might be out of your expectation nowadays, considering the fact that the are lawsuit that affect the market and its influence is massive i don't think bullrun is near, but definitely there's still chance. |
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BTC is definitely good if you have the capital to invest and it's not some measly capital i'd say.
meanwhile ethereum since its price for each ethereum is definitely lower than bitcoin, I think we could safely say that ethereum will give much more returns in the long runs.
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those coin mentioned good for long term but will definitely not gonna give you good profit in the long run if the investment was small.
i think if anyone here wanna invest with relatively small capital better looking out for coins that is still in presale as it will give meaningful returns.
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i just got the feeling that maybe the coin will just lose its value overtime, i mean there are no utility and the community all of them are only seeking profits with this coin.
I just don't see the scenario where this coin gonna increase again unless bullrun that is.
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I think you should focus in getting airdrops from the already rumoured airdrops like zksync and layer zero.
after all if you focused on some other you might really miss the chance even though the rumours already out and maybe they will be giving out massive rewards.
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solana could hardly recover i think, the pillars that supported it already collapsed long ago, and right now it's getting overshadowed by the emergence of the newer coins out there that are significantly better.
I just think that this coin isn't that great anymore, so much other coins are actually better than this one.
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airdrops are so random if you eager to get that share of airdrop you should just try all of the airdrops that you think have potential.
and their tasks various too, if you want to get same rewards like arbitrum get yourself follow retroactive airdrop like many have mentioned.
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During the bullrun season of course we just trade it because if you trade you can accumulate your favorite altcoins,
so that there are more of them and sell them when they reach a new all time high, but if we choose hodl, then our altcoins are just that.
if you accumulate these altcoins and increase the number of coins, your profit will be much more.
should also understand that accumulating around bullrun might be really bad idea, basically you gonna get higher entry price then anyone else and if you think things will just happen like what you already thought out it to be you might be highly mistaken. after all, the market might be always showing good sign, bullish everywhere, but that most certainly not long lasting. it'd eventually stuck and getting down again. |
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honestly i would only accumulate if bearish hits really hard, right now there are some problem that the whole market is facing against like the market that leaning towards bearish added with the fact that there are lawsuits against big exchanges, you would expect things might be going downhill, thats why right now accumulating might be good idea, but then again it also requires many capitals, in which definitely you gonna need many if wanna get the most of it.
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its not worth it for investment anymore because why? its value is already so high, you're most likely gonna be like those that invested later than 99% shiba holders and if you expect that you gonna make some money out of it then forget it.
those that invested earlier than you will definitely make some profit and dump it first, so forget about getting huge gain.
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Of course I still invest in Altcoins. Currently, the trend is bearish, so there's no harm in trying to invest there. Maybe the price of all coins is low but can't we see it as a big discount? I'm not trying to say that the option of investing in Altcoins is the best option, but isn't it better to invest in Altcoins during a bearish season like this?
that's true, but current bearish is different, there are lawsuits, the price could change drastically because of that, it's like catching falling knives, but i agree though that most altcoins are currently discounted heavily. those with capital definitely feel free to accumulate. |
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and its just the beginning, i wonder how much the lawsuit will affect the market in the long run, it seemed that everyone attention are around the lawsuit that
every gesture caused market to make movement in which affect the price greatly.
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Remember and see! SUI has a total supply of 10 billion and currently the supply circulation is still very small,
so a reasonable price is $ 1 to $ 0.5, but if circulation increases, SUI will obviously dump far deeper than now, even below $ 0.1,
so be careful if you want to buy SUI.
First of all, i am not defending Sui or telling it's a good buy. Imho 100 validators is not enough, but referring to total supply without telling the issuance rate is quite misleading. In most cases it takes ages to reach theoretical max supply. People seem to be fixated on bitcoin level of scarcity without realizing that it wouldn't necessarily serve a purpose in other kind of coins What comes to the price. I wouldn't touch it. But right now i wouldn't touch to almost any altcoin. Except i am DCA:ing some eth as i believe i would regret not getting in now. How many years sui could reach its total supply ? And how much the burn rate they have ? I am not starting DCA before whole developer coin are unlocked. Or venture capital coin are unlocked too. It is still too risky to invest in it when venture capital still holding a bunch of it, nor conaidering there are a lot of compatitor on L1 blockchain like SEI,avax,solana, Ethereum, etc. well at the very least all the vested from presale are gonna be unlocked within 1 year, so you could guess rougly the circulating supply in just 1 year. even right now the value is down so bad that I don't think it's good investment regardless the fact that many have made good profit at presale. |
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Naah, it won't happened, even for Bitcoin to be a national currency is still nearly impossible, there too many at stake, and the stakeholder will mostly disagree. Politics is very complicated and making something that most people do not understand to be a national currency is not very popular politically.
true, there are many needs to be considered in running a country, it's not like running a business where everything is profit minded but also for the wellbeing of the citizens in general. |
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Crypto is a fascinating and complex topic that requires careful research and analysis. There are many factors that influence the value and performance of different coins, such as supply and demand, innovation, regulation, security, and market sentiment.
but mostly it's just market sentiment that could turn around the market, the news influence the market so much usually it just market have some big movement after some news appear which is actually convenient that we don't really need to make some analysis. |
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I used to like the Blockfolio so much, but then it was acquired by FTX, and everyone knows what happened to FTX and then the Blockfolio is gone, now just like everyone else, I am using CMC Portfolio tracker.
same here, blockfolio is like the first portfolio tracker that i got, and I think they are quite convenient, then later on switched over to other portfolio tracker and finally settles with CMC, considering the fact it's backed up by binance, just getting tired from choosing various portfolio tracker while really they are the same. |
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