If you have a capital of 30,000 usd at this time and want to invest in one project then the most appropriate option is ethereum, because the coin has a high probability that the price can reach 2x the current price, and the risk of investing in the coin is lighter because ethereum has been in demand by many investors from a long time ago, and you can also choose BNB because the coin also has high hopes for the future, Both coins should be considered.
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This year many coins have grown because the popularity of the crypto world is increasingly being recognized by many people around the world and the increase in bitcoin is one of the most influential things, so it is not surprising that this year many new coins are developing so fast that many countries are currently considering legalizing the use of cryptocurrencies but for this month the price of crypto has decreased again and we can use it to invest in several potential coins so that we can profit in the next year.
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Of course for now is the right time to buy DOT because the coin has a high possibility to increase for next year, and now we can see many coins that are declining so we must take advantage of this opportunity as best as possible so that next year we can enjoy the results, but in addition to DOT we can also choose other coins such as polygons, bnb as well as other potential altcoins, if your capital is large then it never hurts to collect all potential altcoins.
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For the end of this year all the price of the coin decreased including BNB, so to reach back $750 I think is difficult to happen this month but for next year this could happen because BNB is one of the potential coins that we can rely on in the long run, especially for now BNB has built a BSC network so it has a high probability of achieving the highest value as it happens with ethereum,But we don't know when this happened.
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Since there has been a sharp decline in bitcoin and altcoins at this time, we are hesitant in choosing memekoin at this time, because memekoin is more risky when compared to other potential coins although for now shiba inu is in the discussion of the warmest topic at this time because many predict the memekoin will match dogecoin but for now there are no big signs that occur so we are less with the coin, Although there was an increase some time ago but now memecoin is back down dratis.
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The capital you have today is very good enough to invest in several potential altcoins, but investing in the long term is a way to get maximum profits because currently many potential altcoins are declining, so to reduce the risk of choosing a coin that is currently ranked at the top of CMC because the coin can indeed be relied on for the future, In addition to ethereum we can also see the development of polygons that have the potential to compete at the top, then the coin is very suitable for us to invest.
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Investing in the long term certainly makes a lot of sense for altcoins, because currently there are many potential altcoins that we can rely on for the long term and this has often been done by large investors and has long been in the crypto world, so if you have capital then investing in altcoins such as ethereum, BNB, polkadot and polygon is the right choice then never hesitate with altcoins today.
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If you look at the current developments there are indeed many altcoins that we can rely on to invest, although for now it is in decline but this is not a reason to delay investing, but at a time like this we must be able to take advantage of the situation, if you want to invest then coins that we can rely on at this time such as polygon, solana and BNB because the coin is currently in massive development so it has a great possibility to increase for Time to come.
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For now it is the right time to buy some potential altcoins because this week the market is again experiencing a drastic decline so we should take advantage of this opportunity as best as possible, because many predict that this is only a temporary decline because it occurs in the big holiday end of the year, then the potential coin is something we should have like ethereum, BNB, polygon and solana as the coins will increase in the coming year.
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If the capital you have is now ready for investment then there are very many good projects that you can currently choose, GNT and BAT are projects that we can rely on to invest for the future, but you also have to look at some other projects that we can currently rely on such as matic, ADA and ethereum are projects that will be profitable for the future, because for now the project is in great development to achieve a new ATH.
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All the coins you mentioned can last even more than 5 years, because for the time the coin's market capacity is increasing and stronger of course, then never hesitate with the coin that is currently in demand by many investors to invest in the long term, one of which is ethereum which still leads the top ranking of all altcoins and I am sure for the next few years the price will definitely match the price of bitcoin.
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Currently, a sharp decline occurred in all coins, and this may be the time for the bearish market to happen again but we as crypto users who have been in the bear market for a long time of course we certainly take advantage of this opportunity to invest in some potential coins then do not feel panic because it could be just a correction for the end of the year and for next year all will return to the top, If you believe you use this opportunity as best you can to make a profit.
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If you want to get a profit quickly then the risk you have to accept is also very large, because memecoin that can increase 10x you can choose in exharge binance, if your choice is right then the profit you get is also very fast, but investing in bitcoin we must have patience because the increase occurs not in a moment all needs a process, but for NFT if you have bought we are difficult to release because it requires a process.
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Of all that you mentioned is something that we must pay attention to when following a project because it is very important that the project we follow can achieve the targets that have been set, and most importantly the team that manages a project must be active in discussing every problem that exists, and there is one more thing that you must pay attention to is the whiterepaper of the project because there all the missions they plan will be discussed in detail.
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If you want to invest long-term then choose a coin that has high potential especially for now the market is experiencing a price decline then now is the right time to invest, if you have $ 1000 then BNB and polygon are the right choices because the coin is currently in development so that in the future the price will definitely increase, And you can also monitor other coins that are currently building their projects in order to compete at the top of the rankings.
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If you want to invest in NFT at this time then Axie Infinity is one that is currently being attracted by many users, in addition to Axie Infinity you also have to make research if you want to invest in the short term in order to get profits and for now NFT is very prone to fraud so we have to be careful, and for now there are new projects that we can indeed rely on for short-term benefits then you can also keep up with developments from that project.
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Of all the low altcoins you mentioned matic is one of the coins that we can rely on to invest, and matic is currently creating a polygon network that is lower transaction costs and easy to use, then now is our opportunity to hold the coin because the trading volume will increase, and for other types of altcoins you mentioned I am less sure for us to hold at this time and you can wait for the big event that is Created by the team managing the project.
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According to us, Tron is one of the coins that is far from development even though the coin has long been present in the crypto world but the price has not gone up, and when many use the coin as an exchange because of low costs, but in the future we do not know if the coin can reach a new ATH because for now there is no sign of there will be a pumd for us to see from the news about the coin, But I'm sure this coin will be valuable for the foreseeable future and this is definitely the case.
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For now many users of the ethereum network switch to using BSC, and this is a result of the high price of gas that must be incurred when making transactions, since this happens many investors who have used the BSC network because of the very cheap gas costs and transactions used are also very fast, if later the price of gas on the erc-20 network again decreases then I am sure both networks will certainly always be relied on and investors will not leave the network. BSC just like it happened with DEX, so in the future we will see how the competition between the two networks.
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The goal we invest in a project is certainly to get profits, and the benefits we get are certainly different so that we keep trying to get something very fantastic in a project but in accepting the risk all investors are ready so that we no longer care about things that can be doubted and harmed, In this case our goals are actually very realistic but our desire sometimes continues to push to continue to achieve something which is special.
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