We must continue to increase knowledge because crypto itself also continues to develop,
with a lot of experience that we have it is a good capital,
for sure we need to improve everything both knowledge and skills and that is an important thing
That is obviously very important, but sometimes some people also don't realize that new moments like now where Bitcoin has started to correct again so that it can be very good for those who want to buy it again because based on knowledge and experience in the past, now Bitcoin will not be corrected for a very long time because the potential to be pumped again in the near future is also greater. |
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Hello experts i wan to know the best answer for this Please suggest me
If a beginner want to invest on crypto for long-term.
1. how to find gems in crypto ?
The gem in cryptocurrency is Bitcoin, because if Bitcoin can always be good in the market, then almost all altcoins will be in the same condition and you can buy them too. 2. what is the research process ? is there any golden rules
When it comes to researching there is never a golden rule or anything, because it's about what you want to read yourself about and where you read it. 3. what all websites i want to use
Some websites may be of great help to any beginner or anyone who needs them, but on this occasion I just want to share websites like coinmarketcap for you to see and you learn all the coins you like there. 4. how to avoid scams ?
It's very easy to avoid scams, that is by not immediately trusting anyone you don't know and even those you do know because many scams occur due to trusting in every new thing too much. |
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There is currently no negative situation for cryptos that I would be worried about for the future. We gain new information and experiences every day. It is very important to analyze and correctly understand this knowledge and experience.
Existing experience can be a science for now and it's true that the cryptocurrency situation is nothing to worry about because everything will definitely get better and everyone always needs new knowledge in order to survive in the crypto space in the longer term. |
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Yes, I've also done some exchanges using Metamask for the ETH Network, and as a result, Ethereum fees are very affordable. In my opinion, Ethereum transaction fees are dropping due to the scaling of the network, and the transition to proof of ownership. People can't move ETH because blockchain is congested and slow and it's a down market so fewer people will trade.
The reasons you stated may be true, but for some people it is still not cheap even though compared to last year's transaction fees on the ETH network are still much more expensive and now it looks more affordable, but if ETH itself does not move quick to fix this, then expensive transaction fees will occur again on the ETH network. |
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This is why Bitcoin is sometimes called the king of crypto because what Bitcoin achieves will affect the prices of other altcoins although not all of them,
at the moment we can see the price of Bitcoin continues to rise and this is a good thing,
I hope this condition can last a long time and we'll see in the future
If Bitcoin conditions can get better and more positive this year, then almost all altcoins will also improve with an increase even though altcoins will increase slowly or late in the market, but it is a very possible thing if Bitcoin can continue to improve again from now on |
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Yeah I don't think that's possible either
Instagram is indeed a popular medium and is used by many people but recognizing them on NFT through Instagram media I think it's just a waste of time because other NFTs will be born that imitate this NFT just to get their benefit and spam will occur because they create and upload it freely and publicly.
Let's see if this can actually happen to Instagram, because so far NFT has started a lot of uncontrolled spam so that it can pollute the good name of Instagram which is also very popular even though it is not in the crypto space. And in general I'm also not very fond of NFT at this point although I still use Instagram a lot on a daily basis. |
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Planning the right investment in crypto money and other investment resources at the right time is really a critical point. For the last 3 days, the markets are more stable and do not have aggressive ups and downs. Where there is stability, there is always opportunity.
In terms of market stability like now, there won't be much profit to be gained except for those who bought when the price of the coin was still very cheap and now only takes profit, so as long as the market is stable as it is now, it's also a good idea to take advantage of the opportunity because who knows the price of the coin in the market could return to a higher level than it is now. |
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To me, it's just as nostalgic as you say, and by my standards, it's no longer attractive to risk. Of course, many people are still looking for profit opportunities from it, but given the hype to get to where it is now, I haven't seen much special from it. Most people just hope when it took too much. Anyway, the market is very excited right now. Maybe we will have a new name appear.
I also don't see Shiba Inu as a profit opportunity now even though there is a possibility to spawn a new memecoin with a similar name, but I still won't be easy to be attracted to a memecoin that only relies on hype when the market starts to improve. |
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Would you say this only applies to coins that are not the top coins like BTC, ETH etc? Because those altcoins could easily just go down and never recover?
Altcoins will be able to recover again when the market has improved and Bitcoin is at a much better price level although for now it looks like it is very difficult to recover because the correction in the market has not stopped and is likely to continue again. |
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With market conditions still like this I don't think we need to have high expectations for Bitcoin to be able to reach the highest price,
for those who have Bitcoin after all, of course there is no other choice but to keep it Bitcoin is a potential coin so there is no need to be afraid,
Will there be another market correction later or not, we don't know
As you can see now, the market is still in the correction stage, but for Bitcoin it is always good to keep it in any time frame because Bitcoin will not get worse in the crypto space. And this is certainly not the case with all other altcoins in the crypto space, because altcoins still have the potential to get worse during a correction in the market. |
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NFT token. I think that as a hot spot, there are still some conditions. NFT tokens are more biased towards practical applications. Unlike DIFI, which prefers finance, I think there is still a certain distance between the use of NFT tokens. 5G communication, information input. Still have to develop.
Everything still has to develop for now because of both NFT, Defi, and others because I believe that new concepts in the crypto space will now exist again so that the old ones really need better development in order to compete with the newer ones. |
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I think deciding what coin to buy is the result of own research, and not someone else's decision, so my advice to your friends is to choose the top 10 coins on coinmarketcap, help him to research and your friend will use their own idea to choose. I think that is the wisest solution.
Yes, it is very wise to provide assistance in the form of ideas in choosing coins in the top 10 coinmarketcap, but I think everyone has seen the top 10 coins in coinmarketcap very often now and if you have more capital then just choose 7 coins among the 10 coins in coinmarketcap that. |
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The best time to make BNB savings. We will talk about the values that BNB will see in the coming years as we talk about BTC right now.
If BTC isn't on a good track right now, then BNB won't get any better in terms of price either, you can see this for yourself in the market because BNB with all its advantages now very often depends on the movement of Bitcoin in general. |
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Don't really understand what you're talking about, it's about you having a coin that has a graph that is not too big and not too high. you can see an Ethereum chart that you can follow or maybe you can buy TRX coins.
Some people are still too fond of coins or tokens that are very low in value and that is certainly not wrong as long as the coin or token is still very good, so they will not see expensive coins like ETH at this time even though it is also better than the coins which is still cheap at this time |
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The discussion about price is indeed very interesting. all prices are strongly influenced by supply and demand. And if you ask when the price of eth will approach the price of btc, of course this requires time and a process that is not easy for eth. 50% difference in eth price from btc for me is a great thing
The problem is that when ETH starts to rise it is also due to the influence of the increase in BTC so ETH will never meet to equalize in value with BTC at any time because when there is an increase in the market both also very often increase simultaneously. |
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For altcoin investment I choose ethereum coin and binance coin, these two coins have the potential in the long term I am very sure if holding these two coins can get big profits in the future.
Same, I also have no doubts about the two coins you mentioned so until now I am still very happy to hold them and also buy them at a discount in market conditions like now, because for me both coins are a choice that is not wrong at all. |
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Of course, I think it's a new project that keeps cryptocurrencies alive, if we only have 100 or 200 cryptocurrencies that are 3 years old or more then we won't encounter NFT or metaverses, new projects provide high creativity and of course the opportunity to earn big profits.
That's good if you can, but there are also projects that initially look good but at some point they become scams with illogical reasons so that the project will not run for long, so you need to be very smart too to choose it. |
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Scary, as you can see the cryptocurrency market is experiencing a decline after few coins managed to reach ATH. This sight may be painful for the holder, but not for investors who want to get some coins when the market is falling. bear market and bull market always happen, Traders must be able to control their emotions when the market is falling.
A very easy way to control their emotions is to not open the market when conditions are still bad except for those who want to buy more or who want to increase their portfolio to be more so they have to take advantage of the downturn very well |
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Projects that are currently related to the metaverse and the most potential to be successful in the future are $sand. There are actually a few more similar to the metaverse concept, but you can research $sand I'm sure it's a perfect fit.
SAND is clearly very suitable for research and from the pump that has happened to him, it has also proven that SAND is indeed very good for everyone, especially for those who really like projects with the Metaverse concept. |
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