Ethereum and bitcoin basically have differences in purpose and function. Is Ethereum better? It can't be said yes. But ETH does have an advantage like in smart contracts in the evolution of ETH 2.0 and of course this makes ETH a better choice for bitcoin in terms of investment. But overall the features of ETH are almost the same as bitcoin.
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Cryptocurrencies or altcoins have a high level of fluctuation. This is one of the reasons stock investors are afraid or not interested in cryptocurrencies. Both are at high risk. But if you are looking for a definite investment in the long term the stock is better. But if you want something more challenging and uncertain then choose crypto.
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Only shiba and doge among the many meme coins are worth owning. Many other meme coins have sprung up and among them have no supporting fundamentals. But if you dare to take risks, meme coins can be used to make a profit in the short term because it has no utility. Most meme coins rely solely on community so I don't think it has a clear purpose yet.
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Depends what coin ypu are talking about. If you are talking one of these meme fad tokens you are gonna lose by holding long te. None of them serve any purpose. If you are talking bitcoin, eth and some bigger coins than yeah hold is a good strategy.
Well, I totally agree with this. Because of this, we know that not all the altcoins we hold on to in the long term will make us profitable. however, if you hold coins without knowledge, or pick the wrong coins, you're most likely just waiting for your assets to disappear, or drastically diminish. if you want to hold coins long term, we recommend choosing popular coins. choosing a meme coin, or an obscure coin will only frustrate you. Researching many things about altcoins to be selected is indeed very important to do. however many cases occur they are still difficult to commit with altcoins to hold for a long time. Especially if the coin meme, this is not recommended especially for the long term. This is more like a trap joke that will go up once in a while and disappear in a few moments until it does not return.
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If my country has adopted crypto and issued stablecoins then I will use stablecoins for daily transactions. I still hold bitcoin to invest in the long term. I don't want to reduce or spend my bitcoin to buy necessities of life, I prefer to hold it because bitcoin can provide greater profits in the future.
If you transact it is better to use a stable cryptocurrency and do not have large fluctuation movements. It will be the duty of the state to think about it if it wants to replace fiat with crypto. But you are right, it is better to use other cryptocurrencies than bitcoin or even ethereum because if you experience an increase so as not to feel disappointed.
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what do you think of binance stalking ETH 2.0 ? worth it ? if you could give me your pro and con
Better staking cake coin, I think more profitable than Eth 2.0. If you want to participate in Eth 2.0, it is better to wait for the Ethereum coin to experience a correction first, currently the price of Eth is still fairly high. It's not yet time to put your funds on Eth this time. I am confident that the eth 2.0 project will bring a very big update later. Analyze to find out when is the right time to store this coin.
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ADA is good project for long-term investment, personally I'm a investor & holder of ADA coin. The investor are predicted ADA coin price reach $0.30 in this year's. I don't know is this right or wrong, because my personal opinion is 0.17$. but if you hold or invest in ADA coin, so drop your experiences
Cardano can still grow, trading volumes are still high, projects that still continue to innovate and update the Blockchain system. Currently Cardano Has exceeded $1, I think investor interest in this coin is still very high, speculation that is in my mind, the price of Cardano will still rise until the price range of $ 5.
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As we all know that XRP is in trouble and recently it is delisted by the coin base. Another exchange is known as "KRAKEN" also announces to delist XRP for US customers on 29/01/2021 at 5PM PT. I think if that happens then XRP will be fall to $0.2 or $0.18. Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?
Isn't the problem faced yesterday over? If there are still problems that are still faced, it is better to delay first to store Ripple coins. To avoid a significant decrease. Because Ripple has experienced an up trend, the issue is only a little, can make the market price change.
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XRP gains 7% against USD Digital asset XRP has taken the crypto market by storm. With an impressive 7.40% increase in the last 24 hours, XRP is currently trading at $0.483125.
The Altcoin is holding the Market capital of $21,899,173,284 with $16,252,703,967 trading volume.
As in the note, the increase in altcoin volume is increasing, but market conditions have not shown any trend up on altcoins. Only a few altcoins that only one day experienced an increase, but experienced a correction again. Ripple also seems to have no movement anymore, it is likely that Ripple will experience a correction in the coming days.
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We can't predict the price going forward. If this project has a good mission vision base, the usable usable, the technology that is always updated, I think it will be possible if Cardano's price will soar. But if pegged, how many Cardano will fly, time will tell. Because all I know, my watch in the last three years, the price of cardano is no more than $ 1. ...
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Goodmorning, i’m not new in the world of crypto but I never did an investment for lack of money, but now I recived a good amount of money and i want to buy&diversify my portfolio. So I just bought a Ledger Nano X and want to know which are the best project to invest. I always look with interest at $GNT, for their great idea of decentralizing computing and $BAT , and other suggest?thanks Many various kinds of Altcoin projects can be seen on Coinmarketcap. I recommend choosing a project that has a large trading volume. If you can analyze other data, please look for projects using other analytical data in addition to large trading volumes. If I can suggest, buy a Smooth Love Potion coin.
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The price of ether is currently dumping a bit. What is the reason behind this dumping or what is the possibility of pumping ether in 2020? We look forward to hearing from you in 2021.
I think it's just a minor correction. Everyone is waiting for the ethereum version 2.0 update. If there is a correction, I think allocate your funds to this coin, because it is likely that if it has been released the Ethereum 2.0 network, the price prediction will be in the range of @10,000.
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I am optimistic to make an entry with DASH and my target price is $120 or 0.01 BTC/DASH. I entered with two pairs: DASH/USDT and DASH/BTC.
Dash looks like it will get glory in 2021. Increased price movements and volumes signal an increase in a project coupled with advances in the technology used by Dash. I also keep this coin for the long term. I used to get in on the price before Dash had an uptrend.
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In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
I think the price of altcoins follows the movement of its parent coin, namelyBitcoin. But in some cases, not all Altcoins move in harmony with Bitcoin, there are some Altcoins when Bitcoin goes down, they instead increase in price. We have to analyze with various data around, and not just with one data.
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Is Dogecoin Dead??
Dogecoin's success is over. Investors have already started withdrawing funds from the project. There will be a massive correction, Dogecoin may no longer be looked at by Elon Musk.
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We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
Altcoins are nothing worse than Bitcoin. Allocating some of your funds to Altcoins is very important, considering that some Altcoins have a very large trading volume as well, the ups and downs can also be seen clearly, even more predictably, how the Altcoin will experience a correction compared to Bitcoin. It is better not to use all your funds to own these Coins. Use some of it to overcome losses due to our analysis errors.
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hello friends,
what are we doing then? We follow the cryptos that BNB offers to the market and shift the capital to BNB. When crypto peaks, we exit BNB in the short term and go on hold.
Waiting for the chart to be at least in the middle of the average of the highest price, or below it is even better. If speaking of BNB coins, I think it is still not stable, it is better not to use all your funds to own this Coin. Use some of it to overcome losses due to our analysis errors.
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