I am very glad that the bullish trend has been going on for so long and many altcoins have risen in value and are still growing in value, but the problem is of course that it is impossible to make cryptocurrency transactions through the Ethereum blockchain because the price of these transactions in several times higher than the price of the cryptocurrencies that I want to sell and this is a huge problem, I am also glad that the bitcoin price has updated new recodes and, most importantly, this is just the beginning.
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I have been making good money with DOGE for several days in a row and I usually trade on the binance cryptocurrency exchange, since this is the highest quality and most convenient cryptocurrency exchange for me, it is also unknown when this noise around DOGE will fall and therefore while there is a chance we need to make money on it and therefore I am aiming right now at getting the maximum profit in trading on DOGE and so far it turns out very well and I hope Elon Musk will write something else about DOGE in social networks.
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I have constantly held and keep my investments in USDT and I did not have any problems with this, there are also many other Stable Coins in which you can hold your investments, for example, in busd or in dai, these stable coins are as popular as USDT, therefore, you can also hold your investments in these Stable Coins or you can look for other stable coins, but these three stable coins seems to be the most popular, so here it is up to you to decide in which stable coin to store your investments..
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The dominance of bitcoin should be big because bitcoin is the king of cryptocurrencies and so far the dominance of bitcoin is 61% and this is still not enough, but if it will become more, then eventually altcoins will most likely begin to fall in price and bitcoin will begin to grow, and then most likely bitcoin dominance again will go down and altcoins will begin to rise in price, so we should constantly monitor the cryptocurrency market to know what is happening in it, because everything can change very dramatically.
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The bull market has been going on for a really long time and correction of the whole cryptocurrency market can begin at any time, so it is worth investing very carefully in cryptocurrencies at the moment and it is worth investing only a small part of your money, but as for the investments themselves at the moment, you can of course invest in various new altcoins which run IDOs on polkastarter or in poolz or in duckdao and you will can make very good money on this now.
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I agree that cryptocurrency transactions on the Ethereum blockchain should not cost a lot of money, because most people cannot afford to make such expensive transactions, but unfortunately, this does not bother Ethereum developers, because we by ourselves see that the demand for Ethereum technologies is only growing and the price of Ethereum itself is growing every day, so the Ethereum developers are very happy and I don't think that the transactions price will drop in the near future.
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It's hard to say of course, but it all depends from the price at which you bought Litecoin, if you have already made at least x2 profit, then you can safely sell Litecoin and then just wait for the cryptocurrency correction to begin to invest in Litecoin again at a low price, but if If you want to trade with Litecoin, then this is certainly possible, but somehow Litecoin has not grown in price very much recently, so it's up to you here. In general, if I would on your place, I would wait for the correction and then I would invest in Litecoin for a long term.
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I also saw these news and was, of course, very surprised, because in Nigeria, cryptocurrencies are in very great demand and the government of Nigeria could make a lot of money in cryptocurrency sphere, but on the contrary, for some reason they do not want to do this and it is not clear why, I hope the government of Nigeria will change its mind about banning cryptocurrencies, after all, for many people in Nigeria, cryptocurrencies are the main income and now people will begin to suffer from this very much.
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Unfortunately, it happens when a cryptocurrency was created for some unknown reason, at one point this cryptocurrency begins to grow to incredible heights, so there is nothing to be surprised at, and in general I am sure that most people use DOGE only for cryptocurrency transactions, but some people even invest in DOGE to get a profit, but the question still remains why Elon Musk decided to write about DOGE in his social networks, so maybe he will do it again and DOGE will start to rise again.
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Nobody dont know why Elon Musk started writing about DOGE so suddenly, and it doesn't matter why he does it, because the most important thing is after he starts writing something about DOGE, so immediately the price of DOGE starts to grow very much and this is great, because you can get a good profit on this, and the most interesting thing I don't remember was when there were already such big DOGE pumps, but after the messages from Elon Musk these pumps started immediately and the price of DOGE grew very powerfully.
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I still participate in various bounty companies and try to study all the bounty companies in which I participate, but still a very huge number of companies that conduct bounties turn out to be scammers and it is very difficult to deal with this, so I don’t that think this situation will ever change, so you shouldn’t count on any incredible profit by participating in bounty companies, it’s better to take it as a hobby and in general, when you have been participating in bounty companies for a long time, you already get used to the fact that most companies will not pay you anything.
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Ethereum will reach new heights this year, because the next stage of Ethereum 2.0 is expected to be released and, of course, more and more people are starting to come into the cryptocurrency sphere and these people are investing in Ethereum, I also personally see how many new cryptocurrency projects have appeared recently and most of these projects create their cryptocurrencies on the Ethereum blockchain and this also develops and propels Ethereum to new heights.
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I understand you, I also have to spend a lot of money for commissions, but I do this because some of the cryptocurrencies that I have in my portfolio start to grow and I want to sell them and I have to give a lot of money for transfers of any cryptocurrencies that are created on the Ethereum blockchain and unfortunately the Ethereum developers are in no hurry to fix this problem and this is very bad, but all the same, as we see the price of Ethereum is growing and there are more and more cryptocurrency projects on the Ethereum blockchain, so I don’t think that Ethereum developers somehow worry about huge commissions.
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Ethereum, of course, is still the king of all altcoins because of its incredible capabilities and technologies, and of course, Ethereum trading volumes are constantly growing and this suggests that Ethereum will most likely be number one among altcoins for a long time, but whatever does not happen, it is still Bitcoin remains the king of all cryptocurrencies, and the same will be in the future, so you should not expect that Ethereum will have the opportunity to overtake Bitcoin, this will never happen.
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So far, it is difficult to say when Ethereum will reach a price of 2k$, since for some reason big players do not want to pump the Ethereum price to 2k$ and as we see for a long time the Ethereum price has been standing still in the region of 1300$-1500$, but about BCH I do not expect anything good, but in general the price of BCH in 2020 has doubled and this is certainly not bad either, but for such top cryptocurrency like BCH, this is certainly small pump, but perhaps this year BCH will begin to reach new heights.
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It is difficult to say at what time it is best to trade Ethereum or other cryptocurrencies that are created on the Ethereum blockchain, because the activity of transactions on the Ethereum blockchain is constantly changing and therefore you constantly have to make transactions at different times, but in general, you need to try to bypass the transfers of cryptocurrencies that are created on the Ethereum blockchain as much as possible until Ethereum 2.0 will solve the problem of too expensive transactions.
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Unfortunately, this is the case, because various people started writing about the XRP pump on various social networks and immediately the XRP price began to rise, but this pump was short-lived and the XRP price dropped very sharply after this pump and some people invested in XRP when the XRP price was 0.7$ and these people now do not know what to do, so we always need to be very careful before any investments in cryptocurrencies, since at any moment any cryptocurrency can fall in value or even depreciate.
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