Yes. For me it will be very big in future. Poljkadot is a very big project. Backed by many big companies. Normally this kindnof project comes to market with many promises but at the end they failed to deliver it. But it's very different with polka. In few mints after mainnet they are very successful to build the ecosystem around polkadot. And they are growing it very fast. They funding many projects let them work on the chain. I think it will be very big as an investment in upcoming years.
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It's hard to say. For me it's hard to reach $1 for doge. But doge is in hype so if market cap goes high it may reach $1. Dogecoin did't have any utility. It's just a meme coin. Also creator of doge left the project at a point. But somehow it took all the attention from the community. So community behind doge is very strong. And now many big names are backing of doge. Thats why this is so bullish. and if more big names start to promote doge it will go more bigger.
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For me it's always investment. I know trading is a good option but for me it's a bit risky. You can make good money everyday with trading bhut for that you have to gain a lot of knowledge and experience about trading. Otherwise it's very risky you can lose your portfolio here. I know very small abut day trade so I don't take a chance. I normally gor for mid and long term investment.thats it.
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For me it's yes. Cause I am in this market for a long time and I know which altcoins to buy. If you are new to this market I would say stay away from alts specially from those which have very low marketcap. But if you know about the market and know where when to invest then it's absolutely fine. You can pick any coin. Jute do some research before any kind of investment.
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I don't think so. Ethereum is one of the oldest contract based projects. It's fully decentralized. It has a great community with huge 3rd party dev base. Ethereum has a plenty of validators too. In other hand bnb is also a good coin. It's not just a exchange coin now. Binance team a lots of utility bro the coin. And in recent days bnb price hiked a lot. But it's not fully decentralized cause binance team has full contron over it. There are not much validators. So in my opinion bnb is good but ethereum for me is better.
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Yeah for last few months ethereum gas fees was just sky rocketing. And day by day it's also increasing. For defi and nft many transactions are happening on the chain. And ethereum price is also hike. I think there is nothing to do but wait for the ethereum 2.0 to come to this space. Tillbthen we have to pay this kind of high fees. Hope ethereum 2.0 will come as soon as possible.
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The coin you chose . some of them are really good and my favourite too. And in this months these coins give really good return. But I also suggest people and also follow that there should be 40-50% btc in your portfolio. And one more very important token is ethereum. Ethereum showedbits importance bin the market. And I think after ethereum 2.0 it will use more by many projects. So you should add these token to your portfolio.
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I don't think bear market will start this soon. Now market conditions is still bullish. And most of the mid cap coins pump like rocket. But yeah this run couldn't be one sided. After evry Bull run bear comes. And this theme the whole Bull run was very strong and bear will also be stronger to. We can see 50-60% dron when bear come. But if you made good money in Bull then save some money in fiat or stable coin. Then bear will not effect that much of your portfolio.
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It's fully depends on you. If you are new to this market I would suggest you to don't put your money just anywhere. First learn about the market how it works then go for investment. And at the first go for coins like bitcoin or ethereum or any high marketcap coins. But if you know all this stuff and know this market then you could put your money anywhere just before any kind of investment do your own research.
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At this moment it's just impossible. Ethereum nis one of the biggest coin available in the market. It has a huge market cap . It's also loved by the crypto community and it has a big 3rd party dev base. I know there is a big problem about ethereum gas fees but it will eventually solve when ethereum 2.0 will come. And after that it will be very hard for other contract based token to compete ethereum. So ethereum will go a long road and maybe that will be a endless path.
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I think now you understand it's worth buying or not. The binance team always have vision towards the future. Whatever they launch they work in that every carefully. Atfirst bnb was just a exchange coin. I that point I never though binance could go here. But binance team add lots of thing to bnb that's why it's here today I I wouldn't be very dazzle if they use bnb in other hype sectors like a nft platform or anything that is hyped with time. So bnb is always a good coin to invest
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I think this comparison is now worthy. Both are fundamentally different from each other. Bitcoin is the first blockchain based crypto. And at this moment is most popular. People from outside of the crypto space also know what bitcoin is. And institutional investors are also trying to get it. On other hand ethereum is the most popular platform based crypto band for now with all defiband nt platform it's run also very well I think as an investment bith ofbthem are really good.
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1$ target for dogecoin is too high in my opinion. But doge purely came from an joke and from there it is one of the biggest crypto which almost every crypto enthusiasts know about it. Even those who enter crypto now a days also know what is doge. And big people also fueling it. So if the whole market goes fine and more people talk about this and the whole Market cap of crypto go more higher. Then maybe can reach 1$.
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For me it's always usdt. But when eth fees started to rise usdt transaction was nit cheap. But then usdt cane on tron chain. And after that it's cheap and popular almost available on every exchange. So I pick it. Though busd is also good. I used it many times. But from the early days I am using usdt. And I never faced anynkind of problem regarding it so still using it.
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It's fully depends on you. For me most of the time it investing. Cause it's easy I don't have to always think about it. I have to put less time . Plus I am not good at trading. It's very important cause trading is not a easy thing. If you don't know how to trade it's better not to put your money in trading. You can lose your money. So I will suggest if you are not a pro trader then do investment and when you know about trading then you can put your money on it.
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Yes. For me it's a big yes. If you are investing in polkadot for long term investment then it's absolutely fine. Polkadot is a project which come to the market to do some real work and with a plan. And they are executing it. They are one of the biggest invested project. Many big names work with them. This kind of many projects come to market but many of them failed to build the ecosystem around them. But dot Dev's are doing a great job and making the ecosystem very carefully andbstrongly. Sonibthink in future it will be more expanded.
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Ethereum is really a great project. With a huge userbase with a huge marketcap and a great dev base. And now institutional investors start to see ETH as a asset class. And that's great. But Reaching bitcoin or beat bitcoin is impossible. At this point institutional investors just started with the crypto thing andbwhen anyone explore the market they normally stickbwith bitcoin. That's it .
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I also felt the same thing. For last few months the market is booming. And at this point many people start to learn about crypto and want to invest in crypto. But the main thing they don't want to gain knowledge. Without any understanding about the market they started to invest and at the end they end up in loosing. That's why I always suggest understand the market before any kind of investment.
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