I think Ethereum and Binance are the right choices to invest this year and can be used as coins for investment next year. If it's to make a quick profit, it's better if we monitor the market ourselves because for me, I would say it's a short term investment.
Currently, the market is in good shape. good for all altcoins and bitcoins. we would indeed be better off talking about short-term momentum with the current favorable season. but if you want to talk long term, it would be better to wait for the better market momentum to enter. currently, the momentum is short-term. anyone who can use it will definitely benefit. |
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I have a suggestion for those of you who want to invest in the long term, keep buying and holding bitcoin, etherium and BNB for the long term, the three coins have a proven history that the price always goes up every 4 years. for the following years I think the trend will change, start looking at the NFT Game industry, maybe you will get a lot of benefits.
for NFT I think currently it will be more suitable for short to medium-term investment. that's because the trend created in the NFT market could be just for some time. because DeFi itself is still getting the spotlight from investors and traders. it is still risky to put NFT in the long term. |
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In my opinion, because of dogecoin which is cheap and easy to pump by Elonmusk. Besides, Elon Musk also likes memes. So he chose dogecoin as a joke coin.
The second reason, because Elon Musk has worked with the Dogecoin development team. In May last year, Elon Musk wrote on his Twitter that he was working with the Doge development team to improve the efficiency of the transaction system.
That's my opinion on why Elon Musk chose Dogecoin
Your opinion is very reasonable, at that time dogecoin was still cheap, and easily accessible to everyone, while bitcoin is very difficult to reach because of its high price. After Elon Musk collects as many Dogecoins as he wants, then he made a sensation about doge through his personal Twitter account, and this trick proved to work, it didn't take him long to see dogecoin's improvement. Although Elon Musk says he is working with the Doge development team to improve the efficiency of the transaction system, however he has benefited greatly from his efforts in increasing the popularity of Dogecoin. I'm sure it's not collaboration for the development of the Dogecoin project that was intended. This is related to the advantages and benefits that Elon got first when he made his followers on social media buy Dogecoin. and at that time I'm sure Elon already sold it because he must have bought it when he hadn't done anything to dogecoin. One of the things that Elon chose was the huge market community of Dogecoin. but why is it cheap? he saw this potential in dogecoin and tried to create hype. he's made it. |
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Lately I've been seeing tweets from Elon Musk and Matt Wallace who very often glorify Dogecoin and even they both seem to dislike BTC and ETH, thus saying that the Dogecoin transaction system is faster and cheaper than BTC and ETH, even Elon Musk himself immediately said that Dogecoin will be superior to Bitcoin and Ethereum after upgrading.
How do you guys react to this kind of thing?
Actually Elon Musk doesn’t hate BTC. On the contrary, he hodl it, and his company and his team do it as well. Also he is very interested in Blockchain technologies, so he is ready to help develop it. In terms of Dogecoin, Elon Musk understands that it is easy for him to manipulate prices of different shitcoins, so he just uses his authority to pump different tokens and earn from speculation. but what Elon often says on social media is often different. sometimes supports but after that, he drops crypto. Of course, what was done on Dogecoin some time ago is a lesson for all of us. influencers do not actually endorse a project or asset in the marketplace. what they prioritize is profit for themselves. |
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I haven't participated in the airdrop project for a long time, once in 2017 I was first introduced to the bounty project, almost every project I participated in the airdrop so my telegram group and social media were very large and confusing because many notifications appeared so I decided not to follow it. During this pandemic, all I do is trade and release the coins I hold, I have to do is wait to be able to start holding again
you have a pretty good move. because at times like this the market conditions are in a bull rally and it is natural for us to try to release assets that we have been holding on to for a long time. we are waiting for the same moment, my friend. but I followed some airdrops from the SFP exchange platform. maybe rather it's an event that is done for the listing of new tokens. but I like it. although it requires capital what we get is also quite good. |
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In These Days Binance smart chain is better than Ethereum and the main camparison in these days why binance smart chain is better than Ethereum is Cheap Transactions Fees And Binance smart chain is totally centralized , Ethereum Has High Gas Fees And That's why many projects promoting from ethereum to Binance Smart Chain.
everyone said the same thing. BSC transaction fees are indeed cheaper than ethereum. adoption of the blockchain network is also a more dominant BSC for now. but I believe the ethereum market position is still better than BSC. The adoption of the bustling BSC market is still relatively new. they are busy because they gain momentum from the problems experienced by ethereum. but for me, ethereum is still the best. |
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Nothing lasts forever in this world, even if it's a coin. But having hope is also very important. We always hope that ETH and other coins will always have a good future ..and grow in the long term. It all also depends on the voltage in the market space. If ETH enthusiasts and investors grow, I think he will have a long future.
I agree that nothing lasts forever, but what really can kill Ethereum? Switching off all the miners? Making claims and accusations against Ethereum and its creators? I think it is nearly impossible to kill Ethereum, as there are so many projects running on Ethereum network, that wont simply leave or migrate to other blockchain so quickly, that newer projects wont have time appear and devs have time to power off the network. It has been many years that Ethereum and Network has been developed to be used by many projects. not because of the problem of high transaction fees, then it will kill ethereum. I'm sure that won't be possible. ethereum has grown enormously with a strong community. they dedicate their time and money not only in a short time. we saw how ethereum grew from the bottom to the top. of course, it will be difficult to overthrow it. |
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It never ended. I think a lot of shit coins with no utility had a lot of issues but something like BYG that has utility has generally been doing great since it was launched. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization.
That's true, altcoin season never ends. As time goes by, more and more coins are being developed but not all of them has a decent utility. Black Eye Galaxy is a good project because it's a NFT token wherein you can have a passive income when you buy planets, space, and such. another NFT project. looks like the popularity of DeFi will soon be taken over by the NFT project. we see several NFT projects continue to be developed. especially the most popular and the most crowded in the market are NFT games. we are really getting a new altcoin season, hopefully, this trend will grow the top altcoin market to |
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in my opinion, technology always have life span, but maybe if it's keep being developed it could have a longer life span,
but still a technology will always gets replaced by a newer technology, so maybe eth will not last forever. as the saying by people, nothing last forever, so does with ethereum, it's now considered to be new technology maybe within decade it will be considered as an old technology, no one knows for sure.
It has to be it since the ETH platform has taken their technology to the next level and they're planning to develop it, even more, advance to its current platform. Anyway, when the platform keeps developing and creating something which their competitor doesn't have, it will last longer because people will still use their platform as long as they will listen to some of their user's demands and requests. as long as there are no problems that could stop the technology development being carried out in a short time. because if a platform makes a mistake from the network system used then it is an opportunity for other platforms to get a chance. we should learn from what ethereum did so that transaction fee skyrocketed. At that time, Binance launched the BSC which became the best alternative to the problems faced by many new projects as well as old projects. even though the price of ETH has become very expensive, you can see that trading in ERC tokens is not worth the increase in the price of ETH |
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Binance will be next Binance and not Ethereum. Ethereum with the new forks will lead the blockchain industry by some million miles. BNB is still very solid and would be among the top 3 but still, it won't get to Ethereum. my 2 cents.
currently, it is still too far for BNB. but in the future with so much trust of traders and investors in binance. I have faith BNB has that opportunity. binance continues to be a trend in the crypto market. the pace of exchange and platform development continues to be a concern. currently, ethereum is still the best, we all agree on that. |
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In fact, people need to know the classification of coins that are in the market. so that they can determine and choose the right coins for their trading and investment.
because most are definitely affected by FOMO and hype in the market. they buy assets that are on the rise and are being talked about a lot on social media groups.
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Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.
Hopefully the surprise can really come to ETH at the end of this year because in general the increase in the price of ETH has been seen very well and also accompanied by some very positive news so that it can provide a pretty good response for investors who like it. should be with a sizeable update that was well planned. will actually make for a high adoption increase. although we see there are some delays, but it will not be a hindrance to a big change on the ethereum platform. everyone was waiting for this all impatiently. |
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Holding for taking profits is another word for 80% Patience that will be taken forward.
therefore planning must be made properly before starting to invest. Patience and not panic is the next step that must be maintained by investors. most investors panic when they see the value of their assets have decreased by more than 40% |
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The market is recovering but I think it is still on the sideway. If you look at the market analysis, you can see that the market has risen to this level and gone down again several times. So it can be said that the support resistance for the upward market price has not yet broken and the market is likely to go down again. I bought some altcoins from the downtrend support assistant in the market and sold them at a profit. If the upward support of the market exceeds the resistance, there is a thought of Repurchase again.
you have a good way of investing. but in this kind of market condition, a trader without good experience and skills is not recommended to trade. Because choosing the wrong asset, choosing the wrong moment to enter the market can be detrimental. What I see from the market movement these days will indeed be seen in a deeper correction trend. improvements may be exploited by some investors for profit. and some will wait below. just hope the rally from some good news this week will continue. if the pump gets stronger then we will see the next bull. |
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good research and proper analysis will not guarantee future results, but before doing anything, be it joining a project or investing, we should do it. but what makes our analysis and research run aground when we are dealing with fraudsters who only benefit themselves and their groups.
that's the problem. choose the wrong project or asset. Why did it happen? That's because of our lack of skills in conducting initial analysis before planning an investment or joining a bounty project. Whatever strategy, choosing the right assets is paramount. if you have got the asset. hold it and sell when it's profitable I don't think it will be difficult. |
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That is no question particularly when you see their present circumstance in the market where the cost is abruptly expanding too. There's something with BNB why financial backers needed to believe it and their trade is truly outstanding in our present time. They additionally have their own Network which has the least gas expenses you can discover there. As it seems like you are being served in one spot. That is the reason numerous individuals have hypothesized that the cost will going to keep on ascending because of its special and great assistance that they offered to their clients.
no wonder the price of BNB is now increasing. that's because BTC also affects the altcoin market today. but the development of BNB is indeed very interesting. The fires that are made and the updates that Binance makes every time there is a new trend are always the attention of the crypto community. it is not wrong to choose BNB for long-term assets. it must be profitable. And also don't panic if you see the market going down. BNB will still have the potential to rise again. believe me. |
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Elon Musk is very popular so if he created his own coin it will go pump for sure and it doesn't matter whether a coin is a meme because people will invest it, they trust Elon Musk, you know how popular Elon Musk is, his tweets will pump.
people are not that stupid I'm sure. although Elon's popularity is great on social media with lots of followers. but if he were to create his own token without a proper project or market, I guess it would just be a coin that is traded and then thrown away. |
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I think it's a cycle. My consideration in investing that can provide benefits is that it is better to choose a definite coin (BTC).
Therefore, our task now is to think of ways to make getting those difficult coins easy.
what's so hard? if you have a large capital you can buy it easily. this doesn't make sense I guess. BTC or ETH I think are currently interrelated in the market. BTC affects the altcoin market. and we all benefit from the BTC pump. looks like we are entering a new rally. BTC or ETH, if you can take advantage of the momentum created in the market then you will benefit. |
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Fiat Banks is good, but our money has no interest. While every year inflation occurs. That's why I prefer bitcoin, apart from being flexible and fast. Bitcoin value continue to rise if we keep a long time.
Bank charges are high, compare to that of Bitcoin, and also Bitcoin operates on an decentralized system. No organization or Government control's it. When you keep your money in Banks, no interest is added to it, instead, banks collects their charges from the money. I also prefer Bitcoin. Is very secure, and also have low fees. Those of us who know bitcoin will of course transfer all the money in the bank to a trusted wallet, the most important factor is that we don't get anything when we save it in banks, maybe only 6% per year, while bitcoin can get big profits up to hundreds of percent per year transferring everything is a less wise choice. be careful in making your choice. even with trusted assets, you can get losses. because putting all of our money into the crypto market is like making all of our money for our working capital. whether day trading or a long-term investment. I myself believe in both. I use both to save money. I separate the money needs in the bank and savings in other banks. and I always leave the money I make in real-world work to increase capital in the crypto market. |
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