I agree that many investors and traders have this, and unfortunately everyone goes through this and many do not understand that you need to get out in right time, well, of course, everyone has their own goals and therefore everyone decides by himself when to sell his cryptocurrencies, for example, when I see that my profit has doubled, I am already withdrawing some part of my investments in order to be with good profit already in any case, someone does it differently, each has its own strategy and goals.
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I constantly invest the most in bitcoin, ethereum and binance coin, these three cryptocurrencies are the best for me in terms of investments, and in general, the technologies and capabilities of these cryptocurrencies are unbelievable, and most importantly, these cryptocurrencies are becoming more and more popular and of course their technologies are constantly developing and this is attracting more and more investors and especially large players, so these three cryptocurrencies are in my first place in terms of investments.
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Well, to be honest, of course, the price of Dogecoin with a Total Supply of 128,372,844,601 is really very high, but this is all due to the fact that too many people are constantly investing in Dogecoin and of course too many people make cryptocurrency transactions through Dogecoin, so everything is logical , and in general I don't care what the price of Dogecoin will be, since I rarely invest in this cryptocurrency, the main thing for me is that transactions on the Dogecoin blockchain must be always cheap.
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You by yourself must decide when to sell your altcoins, for example, I sell my altcoins when the price at least doubled, but usually I wait for the price to rise at least in 5 times minimum, of course this does not always happen, but it happens very often, of course you should always choose the right altcoins for investments in order to get an excellent profit later, so each person decides by himself when to sell his altcoins, since someone sells his altcoins earlier with the lowest profit, and someone later with the greatest profit.
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At the moment, investing in top altcoins is very risky, because for the second year in a row, top altcoins have been growing in price and at any time correction of the entire cryptocurrency market can begin and it is best to invest in new altcoins, so you can choose, for example, altcoins that conduct IEO on a top exchange binance or you can invest in the new altcoins that makes IDO, but it's always worth researching each project before investing in it, or just wait for the correction and then invest in top altcoins like ethereum, binance coin or polkadot.
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Cardano has long been a top altcoin and Cardano capabilities and technologies are really very popular and therefore investing in Cardano would be a good option, but I would choose Polkadot, because Polkadot is a new altcoin that has reached incredible heights in an incredibly short time and therefore I am sure that in the future the price of Polkadot will grow and Polkadot has just begun to develop and this project has a lot of incredible ideas and goals that this project will develop and achieve.
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Recently, a lot of big companies are starting to cooperate with cryptocurrencies or issue their own cryptocurrencies, and this is very good because more people will start using cryptocurrencies and, of course, such a big company like Amazon will open up access to its cryptocurrency to the whole world, which of course will increase the company's revenues and I think it was a very correct decision since now the cryptocurrency sphere has started to develop very quickly.
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It remains to wait a little longer and at the end of this month we will already find out what to expect from this project, because the developers of this project promise listing on the top exchange this month and listing on another top exchange next month, so we need to wait another 2 weeks and it will already be seen, and I also am waiting for a listing on the top exchange this month and I bought AME when the price was very low and I hope there will be no problems with listing this month.
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If I am not mistaken, last year there was some news in which it was said that some blockchain technologies was used to solve various problems with the coronavirus, perhaps just to read some data or for something else, but I am sure that with blockchain technologies it will be much easier to solve various problems that are associated with the coronavirus, and I think that while the pandemic is going on, blockchain technologies have already been improved and are being used in the right places.
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Defi is just a sphere and of course the technologies and capabilities of defi sphere are incredible, but if we will talk about cryptocurrencies, then bitcoin, as it was in the first place, will continue to be in the first place in the future, and the defi sphere appeared only recently, and of course there is a huge hype around defi the sphere and defi projects, but I don't see that this somehow badly affects bitcoin, on the contrary, bitcoin only grows in price, so I am glad that the defi sphere is so popular and is developing so successfully.
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Week 2: February 08, 2021 – February 14, 2021 Campaign Name: Twitter Week 2: February 08, 2021 – February 14, 2021 Twitter profile: https://twitter.com/djugundaRetweets: 1. https://twitter.com/DIFX_io/status/13577510061515120662. https://twitter.com/DIFX_io/status/13587604795990466573. https://twitter.com/DIFX_io/status/13591638828168724484. https://twitter.com/DIFX_io/status/1359518074349748224Tweets: 1. https://twitter.com/djugunda/status/13587536055416258572. https://twitter.com/djugunda/status/1359117606230384640Campaign Name: Facebook Week 2: February 08, 2021 – February 14, 2021 Facebook profile: https://www.facebook.com/Redanim1992/Reposts: 1. https://www.facebook.com/Redanim1992/posts/38139508386654912. https://www.facebook.com/Redanim1992/posts/38162688551003563. https://www.facebook.com/Redanim1992/posts/38188300315109054. https://www.facebook.com/Redanim1992/posts/3821662331227675Posts: 1. https://www.facebook.com/Redanim1992/posts/38143137019625382. https://www.facebook.com/Redanim1992/posts/3816784678382107Campaign Name: Instagram Week 2: February 08, 2021 – February 14, 2021 Instagram profile: https://www.instagram.com/aleksandrdmitriev9365/Likes: 1. https://www.instagram.com/p/CKL7R3EBKtQ/2. https://www.instagram.com/p/CKBhrahBIqL/3. https://www.instagram.com/p/CJ_U_APBnye/4. https://www.instagram.com/p/CJ5hJfog1V3/Comments: 1. https://www.instagram.com/p/CKL7R3EBKtQ/c/17939839477450842/2. https://www.instagram.com/p/CKBhrahBIqL/c/17886579049994990/3. https://www.instagram.com/p/CJ_U_APBnye/c/18073180762251031/Reposts: 1. https://www.instagram.com/p/CLBlIyHlAgV/2. https://www.instagram.com/p/CLEBVXMlujP/3. https://www.instagram.com/p/CLGqEEClP5E/Campaign Name: Linkedin Week 2: February 08, 2021 – February 14, 2021 Linkedin profile: https://www.linkedin.com/in/andrejs-dmitrijevs-a57a0b158/Reposts: 1. https://www.linkedin.com/feed/update/urn:li:activity:67644611187160432642. https://www.linkedin.com/feed/update/urn:li:activity:67648046768284590083. https://www.linkedin.com/feed/update/urn:li:activity:67651753873256325124. https://www.linkedin.com/feed/update/urn:li:activity:67655514279905034245. https://www.linkedin.com/feed/update/urn:li:activity:6765915550553133056Likes: 1. https://www.linkedin.com/posts/difx-io_investmentbanking-finance-businessstrategy-activity-6763354212098215936-fXxK2. https://www.linkedin.com/posts/difx-io_difx-a-true-cross-asset-trading-platform-activity-6762758041269018624-gpsk3. https://www.linkedin.com/posts/difx-io_difx-token-sale-announcement-on-difx-exchange-activity-6761907446136000513-6U-34. https://www.linkedin.com/posts/difx-io_introducing-difx-a-revolutionary-exchange-activity-6759517368310935553-NYxhComments: 1. https://www.linkedin.com/feed/update/urn:li:activity:6763354212098215936?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A6763354212098215936%2C6764462151408218112%292. https://www.linkedin.com/feed/update/urn:li:activity:6762758041269018624?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A6762758041269018624%2C6764805619728965632%29
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Dogecoin has grown very well in price lately, but in order to reach the 1$ mark, I can't even imagine what should happen, because Dogecoin has nothing special and therefore there is no need to expect growth to 1$ at all, but of course if Elon Musk will often write about Dogecoin, then I think there is still an opportunity to see the Dogecoin price at 0.1$, so we should not count on some incredible heights, so Dogecoin has already grown in price very strongly and brought excellent profit to investors.
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I did not study this project very much, but their capabilities and technologies are not bad, also their cryptocurrency wallet is convenient and I already store some cryptocurrencies in this wallet and I think that this wallet will gradually improve and it will have more and more opportunities, and the price of SFP at the moment it seems to me still too small, so in the future SFP can easily reach 10$, and possibly even more, so I will follow this project closely, because I have invested in SFP.
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Elon Musk is the richest man and therefore a lot of people knows who Elon Musk is, there are also a lot of people and especially big players who follow what Elon Musk is doing, and when Elon Musk starts writing something about cryptocurrencies, they immediately start to grow because people who follow Elon Musk start investing in those cryptocurrencies that Elon Musk writes about, and Elon Musk by himself and with his company Tesla also have invested a lot of money in bitcoin.
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Now there are a huge number of new altcoins in the field of defi that are created on the Ethereum blockchain, so you should try to invest in new projects, especially in those projects that conduct IDO on top platforms, because now IDO is very popular and investing in projects that conduct IDO on top platforms you can get a very good profit, so you can also try your hand at this or you can invest in top altcoins when they will fall in price, its also proven and profitable option.
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It's hard to say, for more than a year now, transactions on the Ethereum blockchain cost colossal money and this somehow does not really worry Ethereum developers, so for now we can only dream for the moment when the gas price will fall to minimum values, and of course I think that the gas price will fall when the deep correction of the entire cryptocurrency market will begin, so when the correction will begin, then the gas will most likely begin to fall to its minimum values.
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Of course, because now the cryptocurrency market is growing and a lot of cryptocurrencies have reached incredible heights and someday the correction of the cryptocurrency market and top cryptocurrencies will have to begin and then it will be possible to invest in top cryptocurrencies, but at the moment you can invest in new altcoins and you will be able to get good profit from them and lately there are a lot of good new altcoins that already gave great profit to investors.
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