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Napoli 0 - 2 Roma
Username: Roidz
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Right now the altcoin market is in a fairly positive trend and hopefully it will continue until 2021, but I don't dare say that 2021, is the year of alt coins because learning from the experience there are many people who predict that 2019 will be the golden year of crypto like This was the case in 2017, but in fact we can see how 2019 seems to be a nightmare for traders as well as investors who continue to experience losses because most of the years the market is red. Instead of assuming that is not certain, of course it is better for us to prepare with all the possibilities that will occur in 2021.  |
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don't fall for the hype, this shitcoin should never be in the top 5 even the top 200. It is a pump and dump by a group of scammers led by sergey. It has no real value and is useless.
The pumping of the chainlink price is one of the real impacts of the strong relationship between the Chainlink network and their partners, and the pump’s price that occurs on Chailink is not what you think because as far as I know Chainlink is one of the crypto projects that has received a lot of recognition from various financial institutions and governments, Moreover, the chainlink network has been integrated into the Chinese National Blockchain Service Network so that this positive sentiment has significantly boosted Chainlink's price in the market. |
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Tezos and YFI are currently one of the favorite cryptocurrencies of traders. This is due to the recent price performance that DeFi assets may have triggered. This is a project that serves as a platform for the formation of the DeFi project, so if DeFi grows (which is in great demand and grows positively), then XTZ and YfI still have very positive future potential. Of course, we shouldn't forget that ETH is also currently experiencing a positive trend and this was triggered by ETH's plans to launch Ethereum 2.0 soon.
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A lot of people have been burned by founders running away with with ICO money. It tarnishes the reputation of cryptocurrencies and I believe we should help educate new investors as soon as possible.
Can anyone share a checklist of the things they look for to determine if a coin is worth investing in?
And what are the red flags that you often see people fall for?
I usually in choosing altcoins only pay attention to a few things that are very basic in the development of an altcoin and of course this usually determines the development of altcon prices in the future, I see whether these altcoins are invested based solely on the market cap, supply volume, and circulating supply (circulating supply) in the market. |
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I only keep some top altcoins for me to hold for a long period such as bitcoin and bnb, for eth itself I actually only used it as a daily trading altcoin and in my experience it is quite profitable to do because if eth we hold for a long time of course the money we have will be stuck in the market so it is better for us to rotate it in everyday trade.
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I'm not being fooled but when my health is on the line, I would sell some of my portfolio to buy food, disinfectants, and other necessities in times like this. That is not a stupid decision, it is just common sense. If I survived this pandemic, there is always a chance to earn money and buy cryptocurrencies.
There will be a way to survive inside the house even though you still need food from outside your home. Many people have given up on what everyone in the world is experiencing today. The corona virus that is currently sweeping the world does not seem to have affected the cryptocurrency market too much because a trader can trade the anywhere without having to leave the house. Money is important, but even so, we still have to take care of our health because health is the initial capital for our activities and health are something that is very expensive |
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The crypto market will continue in experience stability growth that is getting better over the years, and we can see if if 2020 this positive trend continues to occur so that it is able to encourage bitcoin and also several other alt coins to experience price increases, and investor interest to re-invest in the crypto market seems confidence they started to grow again after previously many investors were afraid to invest in crypto.
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Many people have always assumed that ethereum will die, when the price drops drastically, when there are new altcoins that are on the rise and so on, when that happens people think there is another altcoin that can replace ethereum, but in fact ethereum continues growing and becoming the number 2 crypto that is the most popular today. Especially now that eth will soon launch ethereum 2.0 with various advantages offered to facilitate every transaction that occurs on the eth platform later.
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All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now:
Some projects have already reached -90%, yeald farming is no longer so profitable.
All large projects have fallen in price, not to mention any little-known tokens with low liquidity. Is the market entering a new phase?
What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever?
Although now the defi hype has begun to decline due to many frauds and the Defi project which ended in a scam but at least this did not dampen investors' interest in investing in current defi projects, and we can see that bitcoin and eth still have the potential to experience price increases, and that is the impact of the hype defi that occurred some time ago. |
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we better focus on getting some altcoins that are currently priced in the market than we are just wasting time making a list of altcoins / tokens that are dead and of no benefit to us at all, but if you are really interested in listing dead coins Of course, you can look for some references on blogs or websites that really cover a lot of trash projects or tokens, but in my opinion, it's a futile job for us to do.
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Now being a bounty participant and airdrop hunter is the easiest thing for us to do to get a little income from this forum, besides that trading can also be a great solution for those who do have capital right now, but become a developer and also a tracker bugs don't seem easy for me and maybe for some people who are here because these two things of course require us to master some knowledge in programming
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Of course it's a good idea to day trading eth.You can earn handsome money by day trading. But in order to do that you should have a good Knowledge about day trading or you can loose money.
Its true, doing day trading is not a straightforward thing because it is not uncommon for many traders to experience losses in each of their trades due to a lack of knowledge in reading a chart of alt coin price movements in the market, it is very risky if we do daily trading only relying on instinct because we don't know when to sell, buy or hold is right. |
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Damn! I really can't choose one over the other, this is a tough decision OP, why can't you make all of the above available on the voting tab? Cos bnb and Ethereum are both very good altcoins, presently I'm holding these two altcoins in my portfolio, I have no reason to leave one out for the other.
I personally really like both of these alt coins, both eth and bnb, so, I often use them as daily trading assets and of course I have several reasons why I chose these alt coins and maybe the reasons I have are not much difference from some members in this forum who really make alt coin eth and bnb as their favorites. |
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BNB coin is a Binance product launched from its own blockchain called Binance Chain. BNB coin has a big role as a native token in this blockchain binanche chain. so, you can be sure that BNB coin is one of the altcoins that have a very important role for binance, especially now that the price of BNB coin continues to increase along with many crypto projects that hold IEO on binance exchanges and don't forget that every 4 months it is almost 20% BNB coin burned so that the price will be maintained.
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Every transaction that occurs in the crypto world, of course, is risking a lot of money so that it can be used by fraudsters who want to get money easily as well as the Defi system which is currently popular, of course the fraudsters will look for loopholes to use it for their personal gain, what's more We know that Ethereum is decentralized so that anyone, anywhere can very easily use it and create tokens and fake applications based on the existing blockchain.
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Zcash halving incoming might not result to any break in price in terms of pumping. Zcash as one of the old coins around might have stayed for too long. So many new projects coming up with newer technologies to compete with Zcash.
I've never used nor traded zcash, any thoughts on halving influencing the price of it? of course if we look at the halving that happened to other cryptos, in general we have seen a positive impact on prices before and after, especially with what has happened to Bitcoin, and usually when other cryptos happen halving days it will certainly push up the price of crypto in the market , as well as with zcash, of course the halving day that occurs at Zcash will trigger a decrease in inflation, which will trigger a price hike which is certainly eagerly awaited by investors and traders who hold zcash. |
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Of course, I still hold Lite coin as one of my investments assets, because Lite coin is one of the most trusted alt coins that also has a large market capitalization apart from Eth and BNB today, besides that Lite coin has a strong relationship with BTC and usually relly bitcoin will attracts the rest of the market next, but Lite coin (LTC) will be even harder. Because, in a bull market, investors will think of it as a cheaper version of BTC and fomo to it.
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Now the price of bitcoin has reached the price of $15,909 and this is the highest price this year. In addition, the price of bitcoin has now exceeded the highest price since 2018 and of course many factors have caused this to happen and most likely this is caused by many companies big like PayPal, square and also others who started to adopt cryptocurrency within the company. But it seems that this effect does not have a big influence at all on the price movements of alt coins which are relatively very stable in the market.
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