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Altcoins have a role to introduce crypto currency to the public. I believe almost 70% of people who know Bitcoin are from some altcoins. And the biggest one is ETH. If the question is the role of Altcoins in the cryptocurrency world, I think they are very good options besides Bitcoin for us to choose from. Currently BNB is the best in my opinion. Fast and smooth transactions and low fees. I believe in the future Altcoins will take an important role in the cryptocurrency world.
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Currently Floki is ranked #106 on the CMC site. It wasn't bad but it wasn't great either. Yes I agree with many who have said that people who are familiar with cryptocurrencies as SHIBA will see cryptocurrencies as just a game and price driven by influencers. I don't know what Elon Musk was really thinking when he first tweeted that he was interested in DOGE. I mean what goes through the minds of people who already have billions of dollars in their pockets? I can't say this will be good or bad but I doubt if Elon Musk is promoting DOGE to make a bunch of money from it   |
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No one is successful on meme coins. Nobody is rich because they have invested in meme coins. There are those who are lucky to get results up to tens of times. Many of the meme coins take advantage of the hype and community. There are no recent innovations in it.
I see that their prices are hitting ATH simply because their community has grown. And when their community gets too big, then I'm sure the meme coin won't grow any bigger. And when their community gets bored and sells meme coins, their prices drop and fall. Trustme !
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ETH is good but BNB is king for now. Maybe ETH was once the king of ALtcoins but the GAS Fees problem is a classic problem on the Ethereum network. It is very difficult if you have to pay eg $ 6 to make transactions worth $ 50. Those are not GAS Fees at this time. I'm just giving an example because I haven't made transactions on the Ethereum network for a long time.
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"PEPA TOKEN FEATURES : is the world's first ethical meme coin designed to bring attention to global issues and make a positive impact on society and the environment through sharing, community strength, and positive vibes."
I like the idea you have given. Form a community to have fun and share ethical and funny memes. But I think a token relying on the strength of the community is a common thing. PEPA has done what others have done before. But the good news is the community you want to create is an ethical meme community and people are taking advantage of PEPA to have fun with memes. I look forward to your next idea!
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I have seen the link you have sent and I have visited your website. For me this is a good project. But that doesn't mean I'm interested in investing there. Sorry for that. I see your project has something in common with several other early sales projects.
Something like building an ecosystem and growing a community. I hope your project will be successful but I suggest you to focus more at some point in your project. I see that FiraDAO has a lot of innovation and isn't too much innovation at the beginning sometimes not good for the further development of this project?
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What do you mean by negative price guys? Do you mean inflation? If so, then of course it will be a risk for you. An example would be a seller selling wheat with BNB worth $10 and then some time later the BNB price will be worth $15. That is a positive price for the seller.
But that is the risk of every business. And the risk becomes even greater by making transactions on volatile coins. Prices can change quickly and that is the risk of negative prices and positive prices that we must face.
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Why should you join Pi Network? Here are a few reasons:
User-friendly: With an intuitive interface, Pi Network has made cryptocurrency mining accessible to anyone. No advanced technical knowledge required!
Growth potential: As an early-stage cryptocurrency, Pi Network offers the opportunity to get involved from the start. As the community grows, the potential for Pi's value appreciation increases.
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Download the Pi Network app from your mobile app store.
Sign up using my invitation code: [BGM20Biel].
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Don't miss out on the opportunity to be a part of this exciting crypto revolution. Together, we can build a more inclusive and decentralized financial future!
I still see the Pi Network as a coin that still has no value. I'm not saying it's a scam project but I see that Pi Network still doesn't have a reason for me to join. Some of the reasons you've mentioned weren't something I should join. User friendly, Growth potential and Security and reliability are common reasons of all the projects I have encountered.  Some are scam projects and some are successful. |
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I believe to date there have been several potential projects on altcoins. Though I admit it's a bit difficult as it's a bear market right now. I see some good value projects like BNB CRO CFX ADA XRP and ADA. They are old projects but I'm sure they will remain with potential for some time to come.
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I prefer Bitcoin. But when it comes to Altcoins I like BNB and CRO. ETH is still valuable but it has high GAS Fees. I don't see a great adaptation of ETH in the future. But I still like Bitcoin as my investment asset. |
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NFT is just hype and bullshit. I don't believe in NFTs and their projects. I mean what is there to gain from NFTs ? If all privileges and exclusions are revoked, what makes NFTs valuable? I need advice and discussion from friends in this forum if anyone has the view that NFTs are valuable and have other potential in the future?
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Yes of course. But if it is a long term investment. I believe Bitcoin will hit $1m but that still has a long way to go. I advise you to invest long term in your Bitcoin. I don't see any other coin that has as much potential as Bitcoin for now.
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Basically a bank is where we give money to people who are wealthier. When talking about security I believe the bank is safe. But when talking about privacy and profit then investment is the best way. I prefer to save my money in investment instruments rather than conventional banks.
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That is a good idea and also a bad idea.
It's a great idea because by introducing young people to Bitcoin from an early age, they can take advantage of their youth's enthusiasm to continue learning and growing in studying Bitcoin.
The bad idea is that if you only educate about Bitcoin then there are a lot of problems that are currently being faced by Bitcoin. Starting from the very high GAS Fees, transactions on the blockchain network are slow, and the tendency to see Bitcoin as an asset rather than as a currency.
My suggestion is that you should teach children about cryptocurrency and blockchain which has a broader scope of knowledge than just teaching Bitcoin only.
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Bitcoin is an assets that we shouldn't lose or allow to dies off
Bitcoin is a cryptocurrency not a crypto asset. I see here we are talking about Bitcoin as the power of digital money and not talking about digital assets. I believe Bitcoin will be successful in the future if the philosophy of Bitcoin as a crypto currency to make transactions and fight the Banks and avoid excessive printing, that's all a good thing. But it saddens me when I see that nowadays people are looking more at BTC as an asset to buy it when the price is low then sell it at the high price. I don't mind wanting to get rich, but I think our goal is that making Bitcoin a cryptocurrency should become a reality. |
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The problem is that most of the people in crypto see Bitcoin as an asset like a stock to invest in and then sell later. No one even thinking about the future of Bitcoin as means of currency. Bitcoin was created NOT as an asset, we use it as one, it was created to solve a banking problem and create money of freedom that can't be faked and printed. And somehow people are literally forgotten about this whole point of Bitcoin.
I've read the opinions of several people in this thread. And I think the people who see the positives about Bitcoin from the good news are those who are not seeing the reality of what is happening in the cryptocurrency. I have a question, how many people see Bitcoin as a medium of exchange and not as an investment asset that is bought at low prices and resold at high prices? I believe that almost everyone sees Bitcoin as an asset. A lot of news about people who have regretted selling their Bitcoin at the price ten years ago when looking at the current price. Or news about someone who has bought BTC at $10k and managed to sell at $30k? Doesn't that sound like an asset rather than a currency? Is BTC as a crypto currency currently shifting to become a crypto asset? I doubt that won't happen. |
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One more thing, Pretend that investing in Shitcoins or Memecoins is gambling. There will be times when you are lucky and get returns tens of times and often you will find cheating so you will lose your money.
I often tell my friends, DON'T BELIEVE IN SHITCOIN because it has happened many times like Floki Inu, SHIBA, BabyDoge, ElonDoge, and currently PEPE. Unless you want to have fun please invest there.
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There is no one exact answer for which question and when period. I've been investing in cryptocurrencies for a long time and I see that most of them follow the trend. You can choose between 2 things: Coins that are being hype or coins that have a stable price over a long period of time. Both have advantages and disadvantages. To understand more about cryptocurrencies I will give you some links that I often use as my reading material in this regard: https://cryptonews.com/https://www.coindesk.com/https://cointelegraph.com/I hope it helps you guys ! |
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 I still love dogecoin because even though it is a meme coin, I think DOGE will become valuable in the future. DOGE has grown very fast in 2020 and 2021 but I see that at this point DOGE has stabilized the price and that will be very good for the future of DOGE COIN. I will always consider DOGE well worth the investment in it |
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