|
there is no need to doubt whether NFT will last long or not, what is certain is that the answer is NFT will last a long time,
I even predict that NFT will be used in AAA games in the future, an example that is being rumored now is GTA 6,
if GTA 6 does implement NFT in it, I guarantee that NFT will also be applied to other AAA games.
|
|
|
|
|
I'm sure many investors choose the bear market because a bear market can make us potential millionaires during the bull season,
it's just that we also have to study TA and Fundamentals because to invest in altcoins during the bear season we have to be careful and really monitor it all the time.
if not then when bad news comes of course it will be very easy to dump even rugpul.
|
|
|
|
too many bankrupt cases in this bearish year and it's very scary, luckily i don't have any coins in FTT, LUNA or CEL,
but i have -90% in other altcoins and yes it hurts a lot,
but i also don't want to give up and try to that improve my portfolio to be bullish later.
Sometimes it happens with cryptocurrency. It's normal. And we must be prepared for the moments of losing money, this is the way that we grow up and become smarter and more experienced in the future. Maybe it will become a little easier for you, remember, someone who earned a lot lost a lot before. My best wishes we have to make a bad experience in 2022 that crypto currency is not always fine, it is proven that the top major altcoins can also go bankrupt and really surprise everyone, keep up the enthusiasm and don't give up to reach your dreams in the world crypto my friend. |
|
|
|
if i will look at this factor,
1. product of the project
2. the whitepaper and roadmap of the project are running as specified or not
3. see if there is any progress or not in the project
4. partners in the project
5. community of the project
You forgot the team behind the project, it also important to know the team back ground behind the projects because iif the team is not transparent there will be a trust issue, most of the project that has an unknown team is scam so it is also important to know the team behind the project thier history and their background and experience. yes I agree, for me the team behind the project is also important because these people have full control over the project. knowing the team especially the founder and CEO is very important because they have to be competent in their field, and maybe you can find out from their social media or searching for information on the internet. everything mentioned is indeed very important, but that also does not necessarily mean that we will avoid rug pull or bankruptcy, do you not know how FTT, CEL, and LUNA are seen from an investor's point of view? yes they analyzed it like what you said, all the points are fulfilled and feasible, but the bankruptcy and rugpull of the three coins was inevitable, then this is what makes it difficult to analyze what a good altcoin looks like. |
|
|
|
|
since the FTX case I started to think the same, can Binance go bankrupt?,
and I have an answer when I see CZ speak up about cryptocurrency or Binance itself, and I really understand why Binance can be this great,
and yes the answer is CZ itself, I think if CZ was still the CEO of Binance then Binance would be fine, but if CZ had quit Binance maybe I'd put Binance on alert.
|
|
|
|
ETH had first mover advantage. It’s been adopted to the point that until devs clearly see something else that will do better for them, they’ll stay on ETH.
The issues on ETH is only about gas issues are supposed to be taken care.
With the Gas problem that hasn't been solved until now it disrupts the ecosystem in Etherum, last time I used to be an Ethereum user and even trading on Etherdelta or Forkdelta was very comfortable, but now because of the high Gas problem making it impossible to do, just imagine as king altcoin Ethereum has very high gas very high isn't this a joke? . |
|
|
|
I'm sure altcoins that are in the top 101-1000 and even 2000 will always give their best to be in the top 100 coinmarketcap,
yes, but we also have to know projects that do have good fundamentals below the top 100,
so if you can find them, you can successful with high profit, I think the altcoin is ARPA.
I don’t agree with you, just give me an example which coin is looks promising in 2000 ranked in cmc or coingecko. Over 25k coins listed in CMC but i think top 600-700 coins are still active then others coins going dead. Top 100 rank coins are looking potential as far as their development, price and trading volume but yeah it’s true also so many promising coins in the market below top 100 but those are in top 200-300 coin i think. not all coins that are at rank 2000 look promising because if you are not careful in analyzing the fundamentals of the project first then you can get scammed, there are lots of coins left by the developers even though they are at rank 500-2000, and if you manage to find potential altcoins below rank 2000 for example at rank 2500 then you can become rich if you invest properly. |
|
|
|
All these ideas come from the need of many people to make money quickly, but of course the need on some occasions they do not know how to Channel it but they turn it into the same ambition that leaves them without money, so this type of thing must be done with great moderation, because trading is not for that , trading should be seen as a business where profits are made every day or Every week and it does not matter if they are few, they must be obtained, it is the best thing that can be done on the contrary when we only seek Profits The most likely Thing is to achieve the Opposite, which is to Lose and Lose.
I believe that trading cannot be considered as a business, it is essentially a job that will require a lot of time from a person and, In addition, this is a very emotional job that requires good stress stability, so it is not suitable for everyone. And when a novice trader starts buying dubious tokens in order to quickly get rich, we know how it can end up for him. Therefore, I am not a supporter of quick ways to get rich, since this often requires working with high-risk instruments. a quick way to get rich is just patience and effort, it doesn't matter if you trade have thoughts of becoming rich because in my opinion that is good optimism, if the thinking is good then I'm sure learning to trade the right way will work, yes no problem, just we just have to know the reality. |
|
|
|
|
Musky doge is not good, there is no information about this memecoin I searched for it on coinmarketcap and got no results,
I saw on bsc scan also got no results about this project what I saw this memecoin is really not worth your buying,
Musky doge have holders few and low liquidity, so please be careful.
|
|
|
|
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
For me, it is very difficult to distinguish whether a project is a scam or not. Because many of the projects I participated in turned out to be scams. But he said there is a way to find out about scam projects. People say we should read their websites and white papers. We have to research many projects in order to know the characteristics of scam projects. Website, white paper and community are very important to see whether the project can potentially be a scam or not, there are lots of new projects and ending scams because the community is small and the website does not display information related to the team, so this is why I have a third opinion that you should research first. |
|
|
|
It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.
That is the basic basis in crypto, in fact everyone will agree with that, but analysis and skills are also still influenced by global issues, not only bitcoin, many things also affect world issues. but in reality many people find it difficult to predict prices, maybe if you want to get quick profits you can take advantage of the moment, but for the long term, there will be many things we have to think about. the crypto market is indeed very speculative but speculative doesn't mean it can't be predicted but if we can read the TA then we can handle market volatility, especially with a high level of reward it's very reasonable if the crypto market is very speculative, I'm sure many traders don't have a problem with that either. |
|
|
|
|
The next 1000 x is Combo, in my opinion after COCOS rebranded to COMBO this project has the potential to fly high in the altcoin season later,
you can see Combo's website yes they are amazing and I'm sure investors are also very interested, with a small supply, the Combo will really be valuable in the future.
don't waste the opportunity to buy Combo on Binance guys.
|
|
|
|
XRP will have a hug tractions once they will win their case against SEC and that's the way it is and it coming for sure. If you are DCA for XRP, then it's the best decision you've made in your crypto journey. Never underestimate XRP because it's people currency and it has huge community support as well. For now, keep the DCA momentum because in the future your effort will be all worth it.
Remember that XRP has also not reached a new ATH since 2018 and is one of the major altcoins that still has poor performance, so if it is true that XRP wins against the SEC then I make sure that XRP can reach new ATH in the next bullish, especially now that XRP is still very strong at holding on. above $0.5, I believe XRP can win. |
|
|
|
|
halving litecoin is the same as halving bitcoin and of course it can have an impact on the price of Litecoin itself,
Litecoin has halving in several years ago and it's been proven that Litecoin price has gone up after the halving,
so my conclusion is that there is a high probability of a pump opportunity being very high,
i myself too wouldn't pass up the opportunity to buy LTC on the cheap price.
|
|
|
|
The most difficult thing when we are trading is controlling our emotions, as we know that very high price fluctuations make us easily emotional, but what happens when we are emotional is that we usually lose, it is better to focus on the goal, namely profit, if we trade on spot exchanges then this the best is after buying then adding a profit target then placing it in a sell position.
usually people who are easily emotional and not wise in trading don't have the ability to analyze technically, and just follow Fomo to buy it, that's why many people who are emotional in trading always big lose, so what we have to do in trading is don't be greedy, if you have profit just withdraw from your account. |
|
|
|
I think investing in Alts is more of a leverage of investing in Bitcoin. Basically Bitcoin won’t do a 100x ever. However some alt coins can. So if you are 100% that the Bitcoin bull run has started you are better off owning alts because they will go up multiples times compared to Bitcoin itself.
I agree with you, investing in altcoins is more profitable than Bitcoin if a bullrun occurs, but do we know exactly when a bullrun will occur? the answer is "No". Therefore, Bitcoin is the only safe haven commodity that's better invested in than altcoins. High risk will result in high losses/profits too, so, be wise in buying coins/tokens in crypto. It's true Bitcoin is a safe investment and it's beyond doubt and long term it's well worth it, for altcoins we need to choose correctly and of course always do research before buying, as much as possible to minimize risk. |
|
|
|
Money Markets are inherently unstable, and losses are a natural part of the investment process. If a person loses money in the stock market the first step is to take a step back and assess their financial situation and if the percentages calculated are losing more than the gains even if they survive in the current and normal as it is if I'm not mistaken.
You cant evade losses in stock market because that is natural with it , if someone losses , someone also winning or earning profit from it . If at the very first if you just set a specific budget on what you need to invest and not putting it all then you wont lose all of your money just always think that you should investing what you can afford to lose and also every mistake that happen to you or youve done you should reflect and learn from it so that you wont commiting those mistakes again Not only the stock market but all financial markets work like that, including crypto, the market is a battleground, and losses are part of the market. When someone wins, it means that one or more people are losing. And to put it bluntly, finance will be almost like gambling because there will be winners and losers, there is no win-win. Of course, everyone wants to win and profit when investing. But I think we should be ready to accept defeat as the first thing to do when starting because there is no guarantee that we will only win without losing. Only then, when we lose, we will not be confused and discouraged. Honestly, when investing, I always think I will lose and prepare mentally, I never put myself in a position to win, even when I have made a profit, but I just think I am lucky. preparing yourself not to think about winning is a good thing, where in investment there is no certainty when and to what extent the market will move. so we have to be prepared to hold on in the long term. especially in cryptocurrencies, for example, we invest in bitcoin, of course, at the beginning we have to be brave to take the risk of holding it for an unknown period of time, if our psychology is ingrained like that, it will be easy to keep holding it until we don't suffer losses because we sell below the price when we bought it, we will but many people are frightened because the price continues to fall so they decide to make a sale Things like this should also be considered because they are important, not only knowledge and skills but there are still many things that need to be learned like that's the process, to be sure in investing in crypto do not think it will be easy because in reality it is not easy and we better have to understand first. |
|
|
|
well, that is the advantage of bitcoin, that you don't have to worry about your investment. I also often do this. however, I thought the same thing for popular altcoins, not to mention that they are cheaper than bitcoin. so, I sometimes combine my investment with several altcoins. however, personally, I only use altcoins for the short term, and bitcoin for the long term. However, the risk of bitcoin is smaller than that of altcoins, but I feel that with a small capital, the profit is not too big.
Altcoins shouldn't be left unmonitored because they can collapse or get low trading volumes anytime. For example Binance exchange has been delisting some tokens and this has caused their price to fall. If you held those altcoins and didn't monitor them to know when you should take profits or sell to avoid further losses, you'll always lose from the market. Only Bitcoin can be left years without monitoring and still be profitable. Don't invest in altcoins because they seem cheaper than Bitcoin, there are so many reasons why a coin or tokens is having a low price. Some of the reasons could be because the supply of the project is too much like with most of the memecoins that are been launched. We shouldn't really compare all altcoins with meme coins but you are obviously right that if a token or a coin has a very large supply, it will most definitely have a very low price making the token deflationary for most of its lifetime. Such tokens barely manage to get high price gains no matter how much the market moves up and down. But, not all altcoins are like that, there are also tokens and coins which have high supplies but have good prices and good enough trading volumes because they are backed by strong projects with strong fundamentals. This is the importance of having knowledge because if not then we are just FOMO and in the end we lose, strong project backed coin is worth to invest and maybe it will be profitable, Investing in meme coins for me is not a good option but everyone has their own view on it. |
|
|
|
As a newbie in trading 20$ is a good start, there's no point if you start trading with a big capital because theres a possibility that you will loss it because you are in a learning stage or you still collect some idea to make a perfectly trade and if you start with a big amount of money you will surely regrets at last.
capital of $ 20 to trade on the spot market I don't think it will develop well, unless you want to trade on Binance futures then you can double your money, but indeed the risk you have to accept is also very high, because futures trading if you are wrong and you are not wise then liquidation will happen to you. |
|
|
|
|
$1000 for BNB is still very likely to happen, let alone talking about the fundamentals of Binance,
of course there is no need to doubt it, because indeed Binance is the top 1 cryptocurrency exchange in the world,
and BNB also has very good technology, with so many ecosystems that even rival Ethereum, I believe BNB will be as expensive as Ethereum in the future.
|
|
|
|
|
Show Posts
