The crypto market is now filled with new opportunities for all cryptocurrency investors who want to maximize their profits and also avoid big losses. It seems that the easiest way to make big profits is to choose projects that are undervalued and will be launched soon. That's why some traders do their due diligence and research, so they can find promising altcoins under $1.
Investing or trading in cryptocurrencies is 80% loss and only 20% may be profit, we can't know for sure whether a particular cryptocurrency will grow in value or not as there is a lot of research you have to do before you can decide what to invest or trade , because if you don't know, you will lose. But the good thing about the cryptocurrency market is its volatility and price fluctuations which allow for quick profits in a short period of time.
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There are several strategies need to be used to survive and thrive in a bear market. The strategy can be to diversify cryptocurrency holders and invest in some good project altcoins and don't be easily provoked by temporary pumps. In my opinion, Altcoin investment may be very good in this market due to lack of volume and low price. Even solid and stable altcoin projects can be purchased cheaply. If the market as a whole recovers, there is potential for altcoin project investors to earn substantial returns especially if their coins have long term value.
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It's hard to predict the future I think CAKE will hit $20 at some point this year and the development team behind CAKE is also enthusiastic about these projects. and that it's worth reckoning with, of course, need process too. I think so far CAKE is in great demand by the public and attracts quite a number of users so it's time to make it feasible for them.
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Which would be the best and most preferred altcoins to invest in the year 2020?
It was Ethereum and Ripple for the year 2017 and 2018/2019 had been bearish without any particular altcoins to be preferred we have seen almost all the altcoins going through bloodbath except few exchange tokens like BNB but which will be the most profitable altcoins for 2020? Will it Ethereum again or some other altcoins like litecoin or BCH or Ripple?
Eth will be the best choice for many on here and even new developers too, its same for me and i am looking forward to the next 2.0 upgrade with the staking ability, i bet it will be good, there are other good coins and tokens as well but you got to do researches yourself to find answers Eth in my opinion is a good investment. Eth seems to be the best choice right now because it is still cheap, the problem either later or in the future Ethereum is about the cost of gas. Too many deals and gas prices are getting very, very high.
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The best time to buy is when you believe it's the right time to buy. It sounds quite obvious but everyone has their own reasons for purchasing a particular coin. So long as you are well aware of the risks involved in cryptocurrency investing, then you should be able to decide whether or not now is a good time to dip your toes into the water or not. This isn't making a decision based on what someone else says, so just trust your gut feeling.
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It's shocking to see how Luna turned out to be a worthless token within a week. It was reported that dozens of people committed suicide over the past week due to this horrible price incident. So let hear from the experts in the forum. Do you think Luna can still recover from this price menace? If yes, for how long do you think it will take Luna to recover? And if you think it will not recover, what is your advice to the investors? Over to you guys.
In my opinion, Luna will likely recover but not anytime soon. Everyone wanted to know what caused a project like this to fail so badly. yes. today Luna went down very drastically looking like a classic story that broke trust and whatever remains, if you have invested in Luna then be patient but If not, reinvest in a safer project. because we never know what will happen tomorrow.
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I myself am not too brave to make predictions about the best investment coins by looking at current or future conditions, although this is the right time to start because the market is still giving discount prices. there are so many variables that go into the ups and downs of a particular coin/token, but in the end, the market will decide.
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The most important part of any cryptocurrency, in my opinion, is its ability to be stable. Many companies decide to go with a Fiat-backed system and it might even work for a while. If your goal is to have a currency that can be used as a store of value, the coins mentioned by the RussianEnglishTranslation brothers could be an option.
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LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?
Today's Luna is still the same as it was a few days ago and the decline continues where the LUNA Coin price is the highest in an increase of $0.0005 US Dollars in the last two days. This is a very good sign; maybe the price increase will continue. I think so. but today the decline is quite pronounced now it is around $0.00017, and I expect the price to continue to increase and higher until it reaches $1 during this year For LUNA will be recovered ever it seems to take time and it can't happen overnight like turning the palm of the hand.
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Glad for me to say that, yes, it is a good time to invest in Ether and Ethereum. there is a lot of potential attached to this blockchain technology after BTC If you believe cryptos will continue to rise in value, then it doesn't matter whether eth rises faster or not. Instead, hold what you can for long-term gains, and don't freak out about short-term movements. You likely won't get rich quick with any of them though.
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There are so many options available on the web, the market today is very large and very volatile with correction conditions occurring at any time. to be safe my advice if you want to invest especially for the current conditions just choose the top 5 crypto coins and they are the best choices to invest this week.
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Due to its continuous supply and difficult level of adjustment. In my opinion, LUNA will be easy to regain control Even though LUNA is currently trading it may drop to $0.0003 after the first big gain So for now big and small investors have time to buy more LUNA due to inflation.
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I suggest following the procedure they say but if they ask to pay a $120 fee make sure there is a guarantee of return to get your money back by contacting the company because if there is a slight error will result in the loss of the value of your investment.
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I am so worried about the current market situation, I have a lot of trading going on here. I started the future trading and I lost a lot there. Seeing the state of the market, I can't stand it.But I know why it seems that the market will go up.Those who want to invest in the moment can invest, but now is the time to invest. Just hold on for some time by investing.
It is a hidden fact that many people want to make money through cryptocurrency, but there are still some people who do not yet have the ability to survive in the current conditions and all know that it is a difficult time to see at this time, Recovery can be very slow, but gradually of course. Just hold the coin and give it time to recover. I believe in this way traders and investors will be big winners in the future.
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This trend will continue to develop rapidly however I think the end of the NFT hype is near but in the long run and not everything will work out there will be at least one or two high-quality and successful projects built on this technology which certainly brings confidence to the market.
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In the longer term, algorithmic stablecoins appear to be a safer bet with less risk. Typically, higher interest rates are accompanied by higher risk and higher volatility of the underlying asset. If you are looking to diversify your portfolio, the ones you mentioned above may be interesting but if you want to use staking stablecoins as an additional source of income, then Algorithmic stablecoins are better suited for this purpose.
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This is just an addition. In my opinion, the key to success is simple: research! First, you should do some research on what is currently popular and trending in the blockchain world. And make sure you do your homework and keep an eye on what's new and upcoming in terms of project releases. Second, it helps to differentiate yourself, by incorporating unique and interesting features into your new project. Nobody wants to just see clone coins or other NFTs. Third, there are many cryptocurrencies that offer rewards for their new projects, so don't be afraid to seek out additional funding if you think it will help.
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It looks like the Metaverse project will be the next big buzz in Crypto. Five projects such as Star Atlas, Dvision (DVI), Sandbox, Axie Infinity (AXS) and Decentraland (MANA) are all strong competition in space with work products.
Even though this is not a business or investment advice, in my opinion these projects are still in the early stages, and 2022 will be a great year for them.
Investment advice is also like a small appetizer, you should always do your own research before investing in any project. In my view, all the projects listed above have different goals, but I think all of them could have great potential towards early 2022 as the market matures, and ICOs start to fall by the wayside.
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Running a stable crypto asset is difficult – we've all seen a number of projects promise to solve this problem and let their token holders trade at above-market prices. At this point, it's hard to tell if TerraUSD is a stablecoin that will succeed in the long term, or if it's just another project built on hot air. The only problem people have with Terra is its liquidity. Once you buy it, there is nowhere to go and nothing more to do with the asset other than the hope that its value will increase. Will Terra be able to prove that it can maintain its position in the face of increasing liquidity demand going forward? I think we will see a series of stablecoin launched next year. It will be a crowded place.
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In my opinion, it is important to read the market more accurately. It is mostly about the technical analysis of various indicators such as market depth. LUNA and ANC these two coins for the last 2 days the price has dropped drastically but seems to be still on the exchange. Is there a second chance to rise? if this actually happens is the worst thing because Binance is a reputable exchange and it would be great if they handled things more properly. Let's see if they react to this dumping issue in 2 days.
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