Long term? bitcoin and any other major altcoins that are still top 5, they are really good for long term as long as when you buy it you're not buying it at too high of a price or maybe wait until there's some dump and buy at the dips. See these coins price chart from the day they was created until right now you'll know what I mean. Meanwhile other coins that are below top 5? there's some that actually are hidden gems but to find it you need to make thorough analyzation as well as making sure you know the risk involving holding these coins. But tbh, with eth for example, you can stake it or become validator if you have the money, it could double the profit you may get in the future, then again it depends on your preferences. Just choose whatever fits you and your vision.
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Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people
Eben though tesla bought a lot of Bitcoin's, it's just a small size compared to the overall market. We saw in the last few days that the bitcoin price dropped a lot,just to rebound again. Should we all be selling our coins just because Elon Musk is doing it? I don't think so. Let him take his profit and leave the market, we are here for the long haul. True, people are making it a bigger deal than it actually is, see the market didn't even shake when they dumping hundred millions of dollar before they disclosing it to the public. Now that everyone knows, people becomes panicky afraid that tesla might have betrayed their expectation meanwhile taking profit is what exactly they gonna do ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In crypto market, market activity such as making buy order or sell order are weaker than influence of external factors like these. People should learn to chill and not too influenced by big investors' decision.
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I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong). What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i think the word overpriced is imprecise word for any cryptocurrency my friend because sometimes when a lot of people think if the price already overpriced but the fact the price still growing I mean if most of people think of a coin as overpriced doesn't the market simply reflect that by having some correction since the demand in the market coming from the people itself? In the case of doge, so many people are actually very bullish about it thinking that it could go well above $1 though there's no real reasoning behind it as people mostly are just following the hype blindly but it seems it's either BNB or doge that are being shilled the most IMO and I think whether the coin like doge could be judged to be overpriced or not entirely depends on how the price of such coins was build up until it could hits the current price which surpasses the ATH from the last year. Personally, I think it's overpriced.
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You definitely aren't at wrong if you're an investor and the developer didn't send you a warning or notice before hand, even that they should allow anyone who holds their coin to swap it at anytime without setting the due time, if they don't it's the same as scam or thief then. The developer themselves should know that their projects aren't really the center attention of their investors and each investor have their own life, as an investor we can't really always watching the news regarding the project 24/7 that's just ridiculous and really these kind of token swapping deadline is bullshit and should be considered as scam. I've experienced once and I'd easily consider it as the most excruciating experience ever in crypto.
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Very few or next to none, I forgot the number but honestly I rarely fall into those scammers' trap just by knowing that if something is too good to be true then maybe that isn't real or just a scam. Most of the scams that I've observed also seem to offer some unrealistic reward like get return of 5% of total investment every day which by logic alone you couldn't obviously distinguish it that it's just to lure people into their scam. But I don't consider the investment that I've brought to some potential project which ended up failed as scam after all business isn't always smooth and anything could go wrong almost instantly. Also, just don't investment if there's a doubt in your mind regarding the project that you're about to invest to.
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People are really afraid of holding altcoins when bitcoin showing sign of dumping and as a result they immediately convert it to BTC so they can somewhat feel safe when holding it therefore I think why the altcoin price in general heavily affected by bitcoin's price movement. Though normally that shouldn't be the case considering many alts also already paired with stablecoins such as USDT or BUSD, it's just people's sentiment could easily be affected by bitcoin as it's the most popular coin. Just see if bitcoin could reach another ATH again, the other altcoins even the shitcoins gonna be bullish. But one thing for sure though, buy when other people massively selling and sell when other people massively buying.
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after 2 days quite the opposite happening and it's instead recovering back to $54K, trust me many people are actually awaiting for the bearish and trying to buy back after panic selling but turns out it goes the opposite of their expectation and if you see the rumour that was recently proven wrong by elon regarding tesla dumping the coin this time around, it could instead make bitcoin go up to ATH again after most of people hears the news regarding the baseless fud that contribute to the dumping of bitcoin and if the tax that's gonna enforced to cryptocurrency investment being cancelled it's definitely gonna create bullrun again so don't be too pessimistic since bitcoin still has so many chances to pump again, let the people with weak hands cashing out while hodlers always win.
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10% fee is simply too high this thing alone already such a turn off for most of people but what I wonder is whether the 5% that goes to charity gonna adds to the dumping of this kind of coin or not since I assume once the coin received by the charity and when they need to convert it to cash they'd surely gonna dump it first whether to ETH or BTC since these two are mostly paired against altcoin and it could add the weight to this coin so the coin could hardly pump, after all an investor always seek profit so if there's any coin that are meant for charity to gain success it needs to take into account how to make the coin sustainable and attract demand while also able to contribute to the charity.
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If you just look at the supply and use case, it should reach ETH price ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think worst case scenario it's gonna have ten time the price of UNI considering the total supply and use case of it which is already good and need to remember that it's the first defi for bitcoin. But it's right now hugely underrated because the coin only can be bought in their own platform and most of people prefer to buy using CEX as you know people really don't want to get too overcomplicated. The current price dump though affected because of bitcoin, the price in USD remains the same but the rate in BTC's satoshi dumped a lot. Wonder how this project gonna be in 1 year.
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Sovryn is a good project, although at the first launch many doubted the project but we all did not expect the price to increase so quickly and all happened beyond our expectations, and I am sure it can all happen because there are large investors who hold a stake of almost 100% so that the price increases are quite high,Many investors and bounty hunters who benefit from the project sovryn.
No one definitely doubtful about this project, just imagine a project that was invested by the famous crypto investor called Pomp and various exchanges as well, its skyrocketing price when it was first goes to public itself because the coin was hyped up by the people and truthfully speaking it deserves the hype as it's the first defi platform that have to do with bitcoin finally and could be the next big thing like uniswap and the SOVs that are staked usually coming from the retailers or the ordinary investors and not the large investors as far as I know which is kinda great since that means lesser coins centralization. I heard the large investors got their token locked for a period of time so yeah, it is a good project.
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It depends, if Monero got really popular that it's used for various negative things in which opposes the government and the government itself feels like they got disturbed by this coin and could affect them somewhat they gonna pursue the local exchange to ban monero and that could trigger the chain reaction of many other governments aswell but I doubt anyone could somewhat solve monero's blockchain or crack it to cause the coin itself loses its anonimity. So far, even IRS offered bounty with hefty amount and none has ever published to have cracked the blockchain. In this case the most obvious way of govt dealing with it is ban as I said earlier and therefore already impactful enough make monero lose liquidity. The future isn't really bright for monero frankly speaking, just keep it under the radar and itll be fine.
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But how you can be sure that bitcoin's price falling from ATH to around $50K as a bearish and not just a market correction considering bitcoin has been going up and hitting ATH that's far higher than 2017's ATH? I'm myself consider the recent price dump only as market correction because there's just no indication of bearish until this point IMO and it's now already recovering the price back to around $52K and I even have seen some people's analyzation that bitcoin could go above $90K because after they make an analyzation regarding the price chart of bitcoin right now compared to it was in 2017 and 2014 it looks like we're just starting, in a nutshell no one knows whether there gonna be more bearish or not.
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$100 is not really much for bitcoin to be frank and selling at loss isn't good thing either not to mention that ADA is definitely more suitable crypto for you considering your portfolio, also you only lose your money if you sell it. ADA tbh has been having quite good performance and could probably dominate again in the future meanwhile if it's btc, even by making some transaction it's already eaten up 25% of your asset except you want to keep it on the exchange wallet you're not gonna need to spend money for gas fee. IMO if i were you i'd just stick with ada waiting for pump and then sell, later buy the dip, there's reason why ADA could go this far in market cap ranking in website like cmc because people sees the project as good.
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There's many people who you can pay to create coin nowadays even in freelancing website many people offer to create coin ERC20 or BEP20 for quite cheap price but remember that it's just a coin with no dapps, defi, nothing. If you truly don't want to do rugpull then try to learn solidity first, strengthen your foundation at programming smart contract and then you can create some kind of dapp alongside with tokens which ofcourse need to be creative and distinguishable if you want it to succeed because if you just intend to create plain coin then that means you just trying to grab instant money.
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Bitcointalk Username: Psynthax Current post count: 1754 Merit earned in last 120 days: 1 ETH wallet [Address Must be from MetaMask wallet]: 0x4535031829C82ab1F56E331AA5D47B431B913451
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You're too much overvaluing your doge seriously, by analyzing the doge generated from each block alone already enough to keep doge below $0.5 because it gonna add another roughly 5.2 billion doge each year, now you're asking for more than $5 meanwhile the time doge cap eliminated it's already an inflationary crypto therefore doesn't make sense to always hope that doge gonna pump. Maybe if money grows on trees or falling from the sky it could happen otherwise you're just making some baseless speculation.
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It is undoubtedly the fact that the reason many projects use BSC is due to the ETH gas fees, and if the gas fees return to normal, then many projects will leave the BSC, it is only a matter of time after the ETH hard fork, what will be upgraded on the ETH network, and in my opinion if the ERC20 or BSC are both decentralized.
I have same thought, gas fee in Ethereum network is a serious matter, although some people with huge amount of money don't care about it. My question, will the ETH network upgrade make the gas fee back to normal ? If there is no change, then i think more people will prefer to use BSC than ETH network. Just read EIP1559 here https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1559.md for the upcoming famous London Hard Fork that is opposed by many miners. It's basically a change in calculation of gas that includes fixed-per-block network fee but the implementation is still in july and TBH it certainly gonna help ETH at reducing the gas price but also in my opinion won't affect that much since the underlying problem that ETH face with this high fee not only with the increase of average gas price but also because ETH itself getting pumped to the point it affects the fee because ETH price is quite high right now. 0.0001 ETH in the past when rate still $400 was 0.04 USD now it's 0.23 USD
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No one gonna buy such coin and the money must come from somewhere else when people cashing out do you think money grows on trees lol, and this kind of coin could possibly turns into a ponzi coin since considering the 90% fee if someone wants to sell their coin and not losing they must raise the price to surpass the 90% fee required but there's certainly no one with brain gonna buy the coin with that high of a price therefore it could make the holder of that coin who got stuck trying to find people and pursue them into buying their coin so they can get out of that cursed cycle of finding liquidity because the whole model of this coin itself doesn't make sense.
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Those coins that are priced below 100 satoshi could make quite the profit indeed considering it's high risk high return but I dobut it could somewhat have the same potential as dogecoin if not being shilled by some billionaire or the "real" iron man here. But if the total supply is quite low while the coin priced below 100 satoshi maybe it's worth a try otherwise just don't put too much hope into such coins. This kind of coin you mentioned better be bought with some money you don't really need and just left it for maybe 4 years. Whether it's gonna go up or instead delisted, no one knows.
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How you could say that ? Ethereum is still way more secure then bsc nowaday. Bsc only have 200 nodes for its network. Meanwhile ethereum have thousand and thousand nodes all over the world. It is still too early to say that bsc could replace ethereum.
Well said, and this difference will remain for a long time is my guess. Nobody will forget about ETH, rest assured. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ETH is so strong and has so many high profile investors, it's going nowhere but will stay at the top. Exactly, the nodes that are run by public could guarantee the real decentralization and it won't fall under the authority of a company but BSC, I even doubt this blockchain that is actually made from ETH's blockchain but being centralized could hold on for long. as far as I know the current hype revolving around BSC mainly caused by Binance's userbase that are so wide it reached global scale not to mention its children companies that are many. BSC without that not gonna be as popular as it is right now. Basically, for a long term there's a huge uncertainty for us in using the BSC as a developer who develops Dapps meanwhile with ETH the blockchain gonna lasts forever.
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