In my opinion, cryptocurrency in the future cannot replace FIAT currency, FIAT currency does not need the internet to transact. Try to imagine when your transactions and the internet are down or having problems. so not everyone has to use the internet in this life
This is the future, if they make the Internet on the blockchain, if this is even possible, then no one can turn it off, it seems to me. And so transactions will always be active, so anything is possible. It seems to me that the cryptocurrency has a real future.
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the top 10 excluding bitcoin and ethereum I think we have serious possibilities to perform excellent in the coming months... going down the ranking there are other excellent projects that deserve a more in-depth study.
In my opinion you can include Ethereum for your list of investment. I am so sure ethereum has a bright future because of its support system is so huge and a lot of investors is still believe in this coin. Many altcoins are very unpredictable and depend too much from cryptocurrency industry. Also there are the investment pools like https://defiscale.io/ that invest in gambling and finance industry and pay a stable income to investors. Such pools does not depend too much from cryptocurrency industry. I agree, just recently, the EOS coin has grown 2 times from its price, and even I did not understand why it increased. The project did not make any updates, does not plan anything for the future, the main co-owner left the project, but the coin has grown, why is not clear. But I think that absolutely everything is growing now, any coin that is at least a little supported by something on the market will grow.
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The dominance of Bitcoin is falling every day, at the moment you can see how the top altcoins are starting to grow, the next stage will be the growth of less popular altcoins, which are in the TOP 100-200 in the list.
After that, all the money will also begin to flow into such stable coins as Bitcoin, Ethereum, etc.
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I have seen several projects that want to make musical NFT, personally I have not seen this yet, maybe you have met this and can you tell me what it is about in general?
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The coin is not clear, there are always some problems with it, legal proceedings.
But I do not think that it can happen that this coin simply ceases to exist, too much money will be lost in the market.
But still, I would advise you to use-USDC
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Everything is going exactly as planned, as it should go, you should not look at the value of Bitcoin, the fact that it is falling now is normal.
Together with the price, the market dominance also falls, which means that selling Bitcoin people go to buy altcoins, as we know, this is the beginning of the alt season
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While the exchanges will develop, their tokens will also grow in price.
The more users there are on the exchange, the more people will buy tokens of the exchange and its price will grow, in the future I would buy tokens of the Kucoin exchange
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The question is whether it is only about entertainment or also about real earnings? How does it work exactly?
These games feature unique NFT (non fungible tokens) items, which you own inside and outside the games. It means you can sell these items for real money in different platforms, depending the game you are playing. The items may be acquired during the gameplay (grinding) or at the shop for real money. The point is to collect maximum items as possible and hold until you can sell them for a desired price. So it's important to choose high demanded games, as there will be more buyers looking for these NFTs. Quite a complicated explanation. It's very simple, if you want to make real money, you have to choose a game and pump your hero. For example, the Litebringer game, you create a character and, like in a classic MMORPG, you pump your hero by attacking various monsters and passing dungeons. Accordingly, you will get items and equipment both for sale and for yourself. Selling it for real cryptocurrency. Well, it turns out like a normal game with a built-in market inside the game. I just can't understand why blockchain is needed in such games? To create NFT things inside the game?
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Well, with such pumps and news from Elon Musk, everything is possible, but his posts no longer cause such panic in the market as before.
If other public figures get involved in the future, then anything can become possible.
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Many people choose BSK only because there is a much lower commission than on the Ethereum blockchain, but I believe that this is not correct.
More projects are created on Ethereum, this is the best platform for creating smart contracts, and I am sure it will remain so. It remains to solve the problem with the commissions.
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Well, at such a time in the market, when all the coins are growing, it is not surprising, but this project has no prospects in the future, there is complete centralization, the platform is not up to delon until the end.
Therefore, I personally do not believe in this project on my own, but a couple of x's can be made on it.
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This is quite possible, looking at the Binance Smart Chain, at what pace it is developing,I think it is quite possible that the cost of BNB can reach$ 1000 per coin in the near future.
For such a large platform, this is not such a large cost per token.
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There are always risks when investing money in new projects, there are even cases when projects that have an audit that confirms the safety of the project and even with the presence of its projects deceive people, their investors.
People often lose money by investing in stable projects, so you always need to invest in several projects to avoid such risks
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Well, Cardano has finally started its development, the blockchain is being developed for more than 3 years and only now smart contracts have been added, this is nonsense.
Of course, I do not treat the project very well, but you can still earn money on the growth of this coin! I believe in its growth,but not in the project!
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My favorite coin is BAT. I really believe in this project, for more than 2 years the coin stood still, now it has started to move.
BRave has grandiose plans for 2021, they want to make their own DEX exchange, so every month I buy this coin in my portfolio!
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