To replace ethereum I don't think it's any time soon. I admit that the development of BNB is quite fast. we can see the successful development of the Binance Smart Chain in 6 Months. besides that, if we observe the successful BSC platform with altcoin, it also increases people's trust. Appreciate what has happened with BNB, which is currently so successful with so many programs on the exchange
I think the fact that binance as an exchange platform growing in an astonishing pace is the main reason why BSC could also grow, not to mention many projects also want to be associated with binance to increase reputation and how binance really take advantage of their opportunity amid fee craze within ethereum blockchain, it does make sense that BSC could grow so fast, I anticipate it can grow furthermore if eth keep staying on the same state in which the fee is becoming more and more unbearable Well it's true that Binance is performing really well at the moment but I think there are projects that work for a long time with a lot of stuff going on that are going to really challenge Etherium. I think Cardano and Polkadot are some of them. Binance is doing good it's true but the rise is a bit to fast for me I hope it will get all right at the end for them. |
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I don't like how they are trying to do marketing. They payed some famous people to promote them without any plan to look it good. Also I heard they have a lot of problem with blockchain so not sure if they have a bright future if they not step up work behind the scenes.
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i have done many jobs and hard earned 16000usd. If i invest on INJ , ETH, DOt or any other potential coin. What is the investment amount or ration that would you all recommended ?
1000$ or 3000$ or 100$ or any other amount?
That's alot money, I think if you want to start investing you should know by now that you shouldn't invest all the money you have on all this coins, you can keep a part of it maybe 25% for back up just incase the coins you invested in don't turn out as you expected, anyway if you still want to use the $16k,you can invest $4k in eth cause it's certainly going to hit $2000 very soon, the rest of them you can simply invest $2k each the likes of bnb, Chainlink, dot, inj,Ada, xrp, don't forget to DYOR before investing  . Yeah investing 25% in BTC also 25% in ETH and else in couple of altcoins is best option. Going for any top 10 coins is good option and safest investment of money at the current moment globally not only crypto world. |
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The pretty obvious reason in my opinion: Ethereum's fees have been quite high for a while, and Binance Smart Chain(BSC)'s fees are drastically lower. And yes, BSC is like magnitudes more centralized than Ethereum, but it comes to show how a lot of people don't care that much if a certain project is decentralization or not as long as they can make their bets on certain tokens.
The BNB coins has grown exponentially and i hope it can maintain this growth and do not dump as quickly as pumped. Since the BSC is getting attention, does it means that the projects on BSC like Pancakeswap (CAKE) , Sparta, Bake etc will also get big returns ? Those who missed the gains in bnb , can invest in these projects for good profit. Binance is the first who is using the eth problems with fees in their advantages. And it's paying off big for them. I hope they can keep the website and app working smooth without slowing down with this many new people coming in. |
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Binance is the biggest and one of the bests but if you want to trade a lot of coins then using a few exchanges is a must. Now I used uniswap a lot too but since the gas fees are getting crazy I avoid it.
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Dogecoin may seem overpriced when considering the fact that the circulating supply is so high and the coin isn't a utility coin and barely has any worth on its own. The point is that most people never saw it coming and its depressing when I remember how I sold my 40,000 dogecoin without even considering the possibility of the value increasing substantially.
The price it's where people things it needs to be. Being meme coin and being for what it is it has some value so I think it's okey to have the price it has now. All of that adds something to it. |
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It's not that nobody controls the price we all control it or better to say demand controls it. It's such a good concept since nobody can take profit for controlling the market. Now we are not at that point yet since we have people with big bags who can influence the price. Getting the marketcap bigger will help that for sure.
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Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
DOT brings interoperability which is very important. Also building chains with substrate is easy... there's a few vids of Gavin giving a talk and ripping out a blockchain in 20 minutes. The bet against "one coin to rul them all" and developer friendliness is enough to ensure a bright future. The tokenomics revolving around parachain loans are good as well. Polkadot and Cardano are safe bets for the future. They are better then competition and if you compare to etherium the have a advantage since they come later to crypto space and don't have same problems ETH has. ETH is still king but for future we may see a change in that. |
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Growing in market cap doesn't necessarily means manipulation of price will decrease soon, like for example the recent elon musk who people consider as the saviour of modern world making a fuss regarding crypto, as much as I'm happy enough that elon really bring the price of bitcoin up, I must say that these kind of things look kinda like manipulation.
If by some tweet from a rich influental people alone could decide whether the market gonna be bearish or bullrun the crypto market as a whole isn't really manipulation free doesn't matter how much the market cap has been growing since the manipulator doesn't target the market cap and using their resource to manipulate it but the manipulator affect psychology of the people to make them behave as they like.
Yeah, It can be more often to happens especially when many rich people come and join the crypto community. It sounds like we don't see a decrease in manipulation but instead, we saw it more. We can see how Elon manipulates the market and also the minds of others, that seem to happy seeing the price goes high. But above all, there is one thing I have to worried about, and what if these people will control the market and let everything handful to them. That could be the worse thing ever. I doesn't mind when people like Elon influence the price, they are public figure and everyone sees that. Manipulating the price from the shade is what I don't like and I really believe that with more money in crypto that would be harder to do since it would need more money to do so. |
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I don't know, right now Tron can't pump like other top coins. Tron can only move significantly for $ 0.4 - $ 0.5. maybe the surprises aren't here yet or the team is working on other plans. but whatever it is, I still believe that TRON can increase like any other altcoin.
Tron is doing a lot of marketing with famous people but it isn't working. They should focus more on development since I have heart that there are some problems with their blockchain. |
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Many altcoins have potential such as ada, polkadot eth and btc that know if longterm and the price is raised significantly so until now I still continue to accumulate these coins because I know if they are of great benefit to future and know if more altcoins are coming that will be trending like unicoin last year so good luck to those who took it from airdrops.
So many people are missing on ADA... With all the news coming soon this is maybe last time we can buy under 1$. I bought it on 25cents and again at 87cents. It will go strong in next 60days at least. |
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I can feel the same as you.
Back then I was trying to send my ERC shit token into EtherDelta, I saw that my tokens doesn't get pushed through/sent. Ending up to be a failed transaction. I would say I almost spent more than $10 worth of ETH for Gas Fee. That's insane already for me as someone looking to just trade in a fine day.
End result was I still managed to get it done, it was a crippling expenses for me, but I learned my lesson about planning. Don't overlook it as it will surely screw you mid-way.
The thing is that those exchanges will get hurt the most EtherDelta, Uniswap etc. I didn't trade on them since ETH got over 800$ it's too much. I don't invest much money so the fees are to big. I try staying on Binance and that's what it is. Also new tokens get hurt since for sure it makes smaller volume with all this. |
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Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some. I am looking forward to see the milestones and cheer on the price as i am holding some coins and i am looking to book my profit as well and i might be selling everything i hold and wait for the correction but no way i am going to enter the market when the price is hovering around $50,000. People who like to risk might enter at this stage but i am not taking much risk and investing anything further Almost almost there but not quite yet for so long. Literally I saw on Coindesk the ATH is 49950, it's as if the guys are just pretending to be shy like with a fantastic girl on a first date;) and then now boom! I think this is just a matter of time of course but it's more interesting to see what happens after 50k. Big psychological milestone! It hit 50k on Binance and it's nice milestone but it doesn't mean much in general. Price will go up with institutions buying more and more. I think this is just a start and 6digits BTC is coming. |
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Generally taking small profit in bull run is not gaining the most from it. With just a good research there can be made x2 or x3 with some coins. Just doing detailed research in what is going on in the projects, waiting for news etc will help you find those bigger gains.
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People need to learn that correction in price is a good thing in market. If the prices would have gone only up then it would be really bad in long run. With those corrections we are making side movements and new support for coins.
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~snip
Issues are very easy to pack, but unfortunately people who accept these issues immediately think negatively. Dump done on Dogecoin today proves they lack confidence in trading principles. I think Elon is making contracts with many countries regarding the Tesla company. At the end it didn't really dumo that much so I wonder what wil happen next. Well he didn't say anything bad about doge so it doesn't need to be much noise about it yet. We will see what will happen in near future. |
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It all depends how long we watch. For really long term BTC is one of them for sure. Now choosing the next couple of months I would go with Cardano since they have so many big news coming soon. Also ETH DOT will always be a good choice.
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assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover. Taking advantage and play well, if things went back and correction indeed take bitcoin from where it's been before, all the opportunities will be favor those who are inspiring to invest. It's tough but you need to take side, you'll lose your opportunities again if you don't deal with the situation, investors who believes this system will continue to buy. If you don't need money then hodl is the way to go or invest some new project that you think it will do good in near future. Nothing else makes sense for me. |
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In These days all Coin are going very high. Cake token,1 inch token,uniswap token ,polkadot ,Etherium and Btc all have reached All time high. You can definitely make a huge income and become rich by trading. But you should do right strategies and tomento follow.
Trade on big coin like BNb Eth and hope you will earn big.
I agree with you. It is easy now to be in profit but getting rich that is other thing. Things will start to go down sooner or later and decisions what you made in those time will decide will you get a change to get rich or not. And a lot of luck is needed too. |
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There has also been an announcement of polkadot recently. And you see, it's currently priced at 17$. In the last 7 days it has gone up by about 80%. And it is at on top 4 position. So give your comment about polkadot (dot token).
Polkadot is definitely doing well and why not, they came up with a well worked out project and it is showing that, seems like all the homework they did for past few years is already started to pay and as far as i know there are dozens of projects, products and services that will be launched on polka dot soon so really exciting times ahead for polka dot. When you look at the price of 17$ like a month ago it was a real steal. Even now at 27$ is still a good call. It will go up more for sure in near future. |
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