I have a very simple plan in 2022, where I will collect as many as possible coins that have good fundamentals, because currently the price is still very affordable, and I will hold it until the price increases higher when the price is possible right to sell then I will release all the coins I hold,
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Please guys help me suggest coins to buy. I’m a student and I don’t really know much about crypto but I need the money for financial freedom and help my dad cover some of my school costs. Please guys.
investing in crypto is not as easy as you think, crypto has a very high risk, therefore you have to rethink your desires, or learn in more detail about how crypto is doing, especially like you said you are a students who want to help your parents to pay for your school fees, if you want to find additional income in a short time it's best to find another business, because crypto is not to give an instant profit to you, moreover the crypto market is going through a correction like now, but if you are very sure that you want to invest in crypto, I suggest buying polygon matic, because this coin has very good potential and prospects, besides that the price is still very affordable. I totally agree with you that with limited capital it is very suitable to choose matic polygons as an investment because the price is still very affordable, but what beginners need to pay attention to is that investing in crypto requires a lot of patience, because everything take time and a process to get what we want.
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the more coins you invest, the greater the opportunity to get a big profit later, I am very sure if you are very professional and already very proficient in crypto, of course you can definitely determine and choose which coin you will invest,
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I am not at all interested in new altcoins, because the risk is very high, at this time I only focus on altcoins that are in the top 10 of CMC, because in my opinion this coin has strong potential and prospects, so the opportun to be able to make a profit is very high future.
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although the crypto market has started to improve where all coins have turned green, but in my opinion the bullrun has not returned, it is still too early to say the crypto market has entered a bullrun, because this is still a process and the market could drop again, but this is a sign that the correction period has entered the stage end, and let's get ready to see crypto skyrocket, of course we have to prepare the provisions to make profits in the next few months.
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we all have the right and obligation to be able to analyze and predict the price of a coin, because it can help other forum members to be used as a reference or consideration before starting to invest with the coin we predict, but I really don't believe that Dogecoin will be able to achieve $20,000 over the next 5 years, considering DOGE is a memecoin that has been pumped too high, and now Doge has started to be abandoned because the price has fallen too deep and there is no sign that the memecoin will increase again, but if you predict coin BNB will reach $ 20k in the next 5 years then I totally agree with you,
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since it was first created by SATOSHI NAKAMOTO bitcoin has very strong fundamentals, so its price goes up from time to time, and BTC is a very popular investment today, even though bitcoin is currently experiencing a decline, it is very unlikely if the price falls too deep ie to under $10K.
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now is the right time to start investing with coins because almost all coin prices have decreased, and before this situation recovers you have bought some coins that have good potential and prospects such as ethereum, binance, polkadot, solana, and cardano, the coin have great opportunity to be able to provide profits in the future.
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Everyone knows that the market is in a state of rest right now, so I think it's good to focus on high-cap coins because they have a good chance of going higher in the future, this BOOM is a low-cap coin so I really doubt if this coin can grow when the market will improve again in the future. for a while I personally am reluctant to make purchases of coins that have very low ratings on CMC.
There is no doubt that crypto market is taking break right now and we have no idea how low this market will go and also for how long. This also gives us opportunity to buy our favorite coins at discounted price. The best season to buy any coin is when its very much down in value and thats what BOOM is right now. I think right now it's not only BOOM that has decreased and there are many other coins experiencing the same thing and there are still many coins that deserve and deserve to be bought besides BOOM, I personally currently prefer coins that have high capitalization to invest in the future , because it has a great opportunity to grow higher, BOOM does have a good movement but I highly doubt its growth in the future, because it does not have strong fundamentals in the market.
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Why should you be confused to buy Nft or buy coins . Isn't all information provided in cmc or in coinecko ?. here you can see new or old coins that have good progress or not. please carefully read the information in this place. and I'm sure you'll find the information you're looking for...
You are right, it is very easy to determine what to invest because there is a lot of information available on this forum, but doing an analysis is very necessary in making investments, if it is only guided by cmc and coinecko, I think it is very risky, because not everything in the The market has clear certainty, currently with $500 I prefer NFT because the potential is very large in the future.
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It is very difficult to determine how crypto will develop in 2022, because the crypto market is bearish and until now there is no sign that the market will pick up again. I just hope if the crypto market returns to the green and crypto activity returns to normal.
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until now the crypto market is still bearish, especially with the massive FUD from RUSSIA and CHINA which strictly prohibits crypto from developing in their countries, I think this will greatly affect the development of crypto in the next few months, so it is very difficult to speculate when bitcoin will recovering, judging from the massive use of polygons, solana and binance have a great chance of growth if the market returns to normal.
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it is very difficult for polkadot to reach $100 when the market is bearish like now, but I believe if polkadot is one of the altcoins that has high potential and popularity so the price of $100 is very realistic to achieve, but polkadot must wait for bitcoin to increase again because bitcoin greatly affects the movement of other altcoins.,
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I think that in 2022 there are many altcoins that have a good chance to grow higher, including binance, solana, polkadot, cardano, terra luna, and avax, these altcoins have great potential to develop like ethereum in the future , because the demand for these altcoins is increasing from time to time. if you are still unsure about the altcoin I recommend you can do in-depth research to find out the truth,
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From the analysis I'm doing right now I see that KIN already has an improving volume, but it takes several large investors to be able to increase good liquidity, so that it can develop optimally in the crypto market, but I personally only focus on coins that have good fundamentals. stronger, than coins that have little contribution, because its development is very promising in the future.
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2022 is still in its early stages, and we don't know for sure what will happen in the future, whether it will be bull or bearish???, but whatever will happen will all have a good impact on who can take advantage of the situation, I personally am very optimistic that the market will improve this year, therefore we are strongly demanded to always be patient because patience can give very good results in the future.
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In my opinion, don't be too influenced by the current trend, because trending coins may not necessarily have a positive impact in the future, indeed following trends can provide an opportunity to be able to get good results in investing, but if we are wrong or late in make a decision it can be fatal with the investment that we do.
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of course with an amount of 30.0000 usd, we have to invest some coins that have potential, and bright prospects like coins that are in the top 10 CMC namely BTC, ETH, BNB, DOT, SOL, TERRA and ADA, I think this coin has great opportunity to be able to provide benefits in the future.
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here's what to do is to spend time looking for potential coins instead of spending time doing research and analysis on meme coins that are clearly just hanging on to the hype. no one can guarantee that meme coins have a great future like potential coins.
Looking for potential coins also doesn't take much time because they are all easy to find and can be seen on several official sites such as coinmarketcap and coinecko, it's up to you to decide or make a choice on them. I don't think there's any point in wasting time analyzing memecoin, because I think it's a futile activity, because the risk of meme coin is very high, it's best to analyze coins that have strong fundamentals and have great potential that can survive and thrive grow well, that way you will get a big profit later.
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In my opinion CELO is one of the coins under the ETH network, although not many people know about this coin, but from the analysis I did this project has a very good marketing plan, I think in the future it will be good where CELO was at the lowest level $0.79. and once reached $10.66, and is currently ranked 66 CMC, as far as I can see CELO has big surprises ahead.
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