Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
The risk is always there mate when we talk new token, most of the time if we engage in new alts its always been a gumble in your investment. But its a big help doing some basic thing to make a little bit sure in your, and that is reviewing in there project. Do some review on there white paper, the team, and the trend on it. About trend obviously NFT is the trend of now, maybe we should invest on that to make it sure even a little atleast theres a chance. Yes, indeed. Every investment always involve risk much more on a newly launch project. But the more risk the more profitable for us if successful, there are more people having more profit on investing for ICO/IEO unlike investing on an existing coin that already in the market. a little bit risky but need a bigger capital for us to gain more profit. However, taking risks could result in a huge profit. Consider how those businesses get started. They put their money at risk to start that business because they believe it is risky and they have no idea what will happen. It is the same with investing in crypto, but it requires research to determine whether it is a scam or not because there are many new coins right now that are a scam, unlike before when you as a small time investor had all of your money invested but there are still new coins that are promising. Take a chance and wait to see what happens, but first do some research. not all new coins are scams, but indeed many of them are scams. Therefore, researching first is a wise choice. on the other hand, do not use a large amount of capital to invest in new coins, because we also have to take into account the risk, where sometimes our research is wrong. and this happens a lot |
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Shitcoin has been trend in cryptocurrency now, I don't like shitcoins because they always give me loss and Crypto has been a joke due to these shitcoins.
Your Question is Why are we still holding shitcoins. What can we do except hodl because the gas fee is higher than token price so if we swap them then we will get loss.
The main problem is that sometimes when we convert shitcoin, we actually lose money, because the high fee is not comparable to the price of the shitcoin, so this can only be a collection, and who knows later there will be luck for the pump, and at that time the shitcoin will become a little more useful |
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How can topics question be answered, when everyday altcoin appear and disapper? There is no exact number for that. Everything is in demand hands and in the hand of whale market players. Because they can drown and send to the sky. I am just sure that top20 from coinmarketcap will stay and even this is a discussible prediction.
Be careful on new projects in investing, especially for the long term. so many projects appear every day, and we are going to analyze all of them, my analysis error is very possible. therefore choosing a major coin is highly recommended, and using a small portion of capital for new projects will also increase our profits besides having a comparable risk |
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Hello guys I saw a massive rise of cifi token it is now 52k$ at price, I think this coin will continue to rise in the next few days, what is your price prediction about this token in the next few days? please give me some preferences or share you're knowledge about this project because I want to buy a few cifi token for good.
Don't be so fascinated about the rise of cifi token dude it might be some whales are playing that coin, then it might be you will one of the many's prey of the one's whale controlling that coin, this is only a friendly advice. coins with a small volume, indeed many will think the price will soar, and we have seen that the coin is at $50, regardless of the whale that plays it, at least we can set aside a little money to buy it, but it should be noted that the distribution schedule of the bounty hunters happened today, the price may go down again, considering that there are already exchanges trading it |
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Bitcoin has dropped a bit after reaching 50$ mark so I feel it is a pretty good time to invest some amount in bitcoin. But it can go down even more so I recommend investing small amount now and wait and if it falls even more than invest more on it.
That's $50k.  That strategy is new to others. That after buying, they miss the other dips because they've invested all that they have on that specific price. Unlike buying with each dips and with little amounts, you'll have many opportunities to buy for every dip that comes. on every decline we also have to set a buy area at support, so that it is even more maximal in getting a profit. therefore it is better to divide our capital, do not buy at one price only. because its nature is probability, and of course there will be movements that we don't want, so we have prepared a strategy beforehand |
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Everyone definitely chooses Bitcoin for long-term investment and it is very suitable if done. Apart from the coins you mentioned, I am more interested in Polkadot and Uniswap coins. It would be great if there was Ethereum and BNB in the asset list for long term investments.
Sometimes people choose the coin not based on what is the best, but based on what he likes, so often everyone finds a difference in this, even though in general everyone knows that the coins you mention are the best in the cryptocurrency space. I think many people are looking for potential coins that they feel will provide a large return, especially if the price of the coin is still low so the potential is great. from here it will appear various stories of their experiences, some are smiling, some are sad. actually we have been served coins that are safe and reliable, so for that we must be able to share the risk so that what we have does not just disappear |
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if you only talk about low gas fees, be aware friends there are many networks that have low fees, for example BSC. but BNB has not been able to overthrow ethereum, in any case ADA and BNB are bigger BNB, where BNB is supported by the binance exchange and large network, it took a long time for ADA to be able to shift the ETH network in crypto or it seems it can't
Gas fee or transaction fees is basic, it's necessary that transaction fee are affordable or cheap so the coin can be used for massive adoption, majority of the transactions are micro transactions, therefore, it's necessary to that the fees are affordable and at the moment, ETH is very expensive, and I don't if the launch of ETH 2.0 would really help reduce the fees. if you only talk about low gas fees, be aware friends there are many networks that have low fees, for example BSC. but BNB has not been able to overthrow ethereum, in any case ADA and BNB are bigger BNB, where BNB is supported by the binance exchange and large network, it took a long time for ADA to be able to shift the ETH network in crypto or it seems it can't |
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I don't think it will go down to zero but since its a centralized one anything can happen to this coin. Just like binance freezed converting btc to usdt in latest bloodshed. We can never predict behaviour of these centralized things.
And the future of it is in their hands. It's manipulative and they can do a maneuver whenever they see the falling of it comes. But it's highly unlikely to see Tether crash to zero. Many times did people thought of it a few years ago yet it's still there standing and giving the highest volume in trades. logically it is difficult if tether will reach zero especially in the near term, if we look at the size of the trading volume in usdt. but with a legal case, anything can happen, so it's just a matter of how well tether is in resolving the legal case, and this will certainly affect investor confidence. |
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I also think it's just a slight correction, and we're seeing it growing. Honestly, I'm not too worried about the market situation until the end of the year, but still need to keep a close eye because unexpected developments can still happen. We're mostly in a rush as the market picks up again, so just relax and don't make yourself think too much about it.
Until the end of this year it looks like the market will be fine, so yeah like you said, everyone shouldn't rush into making decisions because better days are coming soon this year for everyone involved in cryptocurrencies I'm still very optimistic so far, and I'm starting to see some people getting scared and skeptical about it Although I have tried to explain and give advice on how I feel about this field, I realize we still can't be of much help to those who are new to a more objective view of the field. Belief, experience, process and results are essential elements, instead of being stupid and paranoid for shitcoins, invest in knowledge because it is always a tool by which we can reach everything. This year, the market looks really good and there are no significant negative events, only corrections and still measurable. therefore I think this will continue until the adoption of most elements in the world. therefore it is very possible to invite people at this time to invest long term until we get the benefits |
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This is a time you just study charts daily and determine the bottom on some of the ones you wish to invest in then start buying at the bottoms and hodling. in about 2 more years there will be another boom and the ones who were stacking during the down time will be rewarded just like those who stacked during the 2017/18 slowdown. Those where the ones who got paid this round. I got in in oct/nov 2020 and did a little bit but it was near the end of the boom that come every 3.5-4 years
The same way how those early adopters and beleivers are enjoying the fruit of their investment, people who bought those coins while the value are still cheap. If you have some prospect to participate and you believe that the project will continue to developed the very chance that value will increase. Better to buy now and hold it, set your target and leave everything out, if possible not to look into the market to avoid being bothered by the market cycles. we must analyze carefully to get such a potential project, because it is not easy to get it, sometimes it is actually a fraudulent project. but if we are successful then we will get a lot of returns from the projects that we have invested in the beginning. and our job is to study them to find potential projects and invest in advance |
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I've seen several times that every altcoins doubles the price in a single day which means every coin or token has its opportunity to boom. IF BTC price does down they drop but suddenly they skyrocket by the next day itself, it's pretty hard to judge which coin might pump for the next day. Is there any specific website which might help me to identify? Kindly share your thoughts.
No, I don't think there is a specific websites to follow and see which coin is going to be pump hard next. Obviously, the coins that are usually being pump are those that are cheap, and trading volume is less than $50k per day. Yes, you can double your money but the risk is huge, you have to put a lot of investments in the thousands to make a good profit, so it's not for everyone, unless you know what you are doing in the game of pump and dump scheme in alt coin market. This kind of pumping happens a lot in low-cap altcoins, so many people are able to manipulate it to fly high, but will eventually crash to the bottom again, and it's hard to get up. Therefore, we must be extra careful in dealing with hype patterns like this, because it is very risky |
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in the description I read, the ethereum network fee is determined by the miners and it is not related to the eth network itself. but from ethereum itself promises to solve this problem as soon as possible, so that consumers can feel more comfortable
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What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what? I believe the bulls are back and we are entering the second phase of growth this year. This is due to some factors, one of which is the end of the next cycle of development of the crypto market. There is also a high probability that the end of this 2021 will be very similar to the end of 2017, when cryptocurrency prices flew to the moon. But you need to understand that it is important to follow the information and the market situation, as the situation can change very dramatically and often. here we realize the power of news that can make crypto to bullrun again. indeed no one knows where the market will go, but by looking at the news that is happening, it seems we can predict, moreover the news comes from people who are influential in crypto, and after the market is saturated there will usually be negative news so the market turns back, therefore take advantage of the opportunity |
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Current situation is so good to ethereum especially after the London hard fork. The price of ethereum is increasing and almost double of its price of last month. But if we talk about $10k, it is hard to imagine right now but maybe it can be happen because we'll never know about crypto market.
After the London Hardfork people showing reasonable interest in Ehtereum. Ethereum price is increasing but not yet able to break $3500 resistance. Still, Ethereum is trading between the $3000-$3300 range. If it can able to break the $3500 big resistance then we can easily see Etehreum at $4000 and above. Within a short time may be in this year Etheruem will hit $5000 if bitcoin not dump. Like most people, I am also very bullish on Ethereum. Hope a new all-time high will be coming soon. If Bitcoin won't suffer any issue it will help ETH to pumped high, maybe we can expect new time high this year after the updates, so far it's still strong moving between that value. Seeing $5k this year is good enough for most investors, better to speculate with a much reasonable value as it's not far from reaching that new ATH. At the moment, I think any price is reasonable because bitcoin could pump many times and increase multiple times, so the same thing could happen with Ethereum. What I only don't want to see is bitcoin dumping and correcting its price because we know it will have a big effect on the altcoins market as well. if bitcoin is pumped many times, then this is also beneficial for altcoins, where the possibility to form new ath is very wide open. we know that not all coins will synergize with the movement of bitcoin, but when bitcoin has a positive movement, this seems to apply to all cryptocurrencies to follow the movement of btc, including eth which seems easy to reach the desired target |
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Able to control or manage your emotion will help you too to make you stick to your plan, like in trading or investing, you have a goal like a price target for a specific date or time, then if you stick with it, you may be able to achieve your plan.
Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.
even here emotions become the biggest enemy to determine success. usually what happens when we have planned a strategy and emotions sometimes mess it up, when the target has not been achieved we are afraid the market will come back again, or vice versa when we have to cut losses but because we are emotional we let go, and end up losing more |
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Thats because newbie comes in, they think the market will always goes up without correction, and the whales were selling too high in over valuated price and then newbies trapped and soon will dump the price in panic and despair. FOMO coins only fit to buy and sell, not for a long term hold.
No one can guarantee that FOMO coins are at high risk even if the price goes to the pump, it is much less likely to rise if it goes down. Bitcoin and ethereum commodities are better to choose for long term hold as newcomers have less knowledge about the market there will be no fear of losing them. Fomo and Fud games on certain coins are fun and sad. if we can take advantage of the moment then we will get a lot of profit, but if we are greedy then the moment is missed until we seem to never find the fomo back on the coin. so from that it is true that if we are still beginners btc and eth can be an option |
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The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.
True, unless there is a certain Elon Musk to lift those shit coins from the blue. Buying the dip is more appropriate for coins with a big market cap such that the chances of a collapse don't exist while the value always lies in the future. Buying the dip doesn't always mean that one should buy just any coin during a bear run because some coins might become dust after the bear run is over. During the bearish period, this is like natural selection, where coins that have faith will be able to bounce back and those that don't, will become ashes and difficult to come back again. therefore by looking at the market cap, we will know which coins are suitable for investment. for me it is not difficult to find. we can choose bitcoin if we don't want to analyze it complicated |
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Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
Currently it is very possible to pump and dump Dogecoin, if you look at the condition of Dogecoin in the last few months in the market, but to see when this will happen, we need to make a proper analysis at this time, I also heard that Dogecoin is currently preparing a new project, which pays directly using Dogecoin, but the success rate of the project is still in question. coin memes like coin doge, are indeed risky and risky coins. but if we can analyze it properly then coins like this will provide fantastic returns. but indeed no one will know when the whales play again with coins like this. and i guess spend some money to have fun with this coin |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
if the market continues to grow and there is the next bull run, then it's possible that the price of BNB could reach $1000 soon, because its ATH price is $690.93 and it's very close to $1000, especially at this time the project from BNB is very popular and in demand by investors to make BNB as a long-term investment, so it is very possible for the price of BNB will create a new ATH price and reach at least $1000 if the market has recovered and starts to increase again (bull run). Indeed, the popularity of BNB has increased since the price of BNB reached the ATH price 3 months ago, unfortunately the Bitcoin price has been corrected. Making the price of BNB also affected, and finally the price of BNB fell. But now BNB price is recovering, soon BNB will return to ATH price again. If it is achieved, it will make the demand for BNB will continue to increase, so the target price of $ 1000 can be achieved this year. So what we need to do now is hold the BNB that we have patiently, and we can buy more BNB if we have extra money. Because BNB, like ETH, is great for long-term investments. Moreover, BNB is known to have a solid development team. besides that bnb has real products that are needed by many new projects today, moreover bnb has a trusted exchange, which is recognized by everyone, so that its products are certainly used and needed by many people. therefore it is not surprising that investors trust it for long-term investments, and I personally trust binance when the exchange is hacked, and they are fully responsible |
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Predictions may exist for every trader, but what determines is market demand. all of these price increases are due to the current high demand for cryptocurrencies. including eth which is a crypto currency that already has many benefits for every user, including as payment
It is clear because every high demand will always have a very good effect on anything, including cryptocurrency coins, because it is like an item in the market that when many people want it, the price will tend to increase slowly. Indeed. Every downfall will always have the chance to increase it's price or pump. It will never remain in bad condition, there will surely have progress on it. Predictions also will just depend on how other people understand the market and the flow of it. Once there are lot of people believe on that coin, market price will slowly increase until people may feel contented on it's price. especially for trusted altcoins like ethereum, where many investors trust it to invest. instead the price drop is an opportunity to buy more, because each wave will reach its peak again, even forming a new ath again. What is safe is that adoption will continue to grow, and will eventually return to its peak as adoption around the world continues to increase. |
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