For me personally MATIC is very worth investing for the long term, because I believe that this project has great potential in the future, on the one hand MATIC provides what we need especially in terms of lower transaction fees than ETH. besides that MATIC and BSC have become serious competitors of ETH at this time. DOGE is just a MEME coin has no real utility and I consider it a HYPE coin. if not for ELONMUSK probably DOGE wouldn't be at its current price.
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true, the high cost of ethereum gas is still a major problem today. and I don't think it's possible for ethereum gas fees to drop again in the near future, especially knowing that the price of ethereum continues to increase, it is very likely that transaction fees on the erc-20 network will last a long time.
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BCH is the fork coin and ETH is the king of smart contracts. if now I have to choose between BCH and ETH then I will choose ETH. ETH is currently performing much better than BCH and could take Ethereum to new heights. This can certainly be a promising hope. my advice Better invest in ETH.
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last year people don't really care about meme coins. but ever since ElonMusk manipulated the "DOGE" Meme coin most of the developers are competing to create meme coins and in fact most of them can't stay in the market for long.
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well, this is so true I agree with your point of view, most cryptocurrencies these days are projects to trick and lure investors with huge profits but then Liquidity is exchanged between investors, these are the basic characteristics of all new projects today, and as I have been involved in this market for a long time, I feel that 100 projects are out of 99 scam projects and then disappear.
Yes, currently the developers of new coin projects are using the method of locking the liquidity of coins on the exchange and ostensibly maintaining the selling value of the coins for their investors. but it turns out that once the liquidity is opened, they themselves sell everything and make the coin value worthless.
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I think both are safe,it is just At the moment USDT has many advantages over BUSD. If you use USDT you will have more choices if you want to use different exchanges. Meanwhile, if you use BUSD, you will have limitations if you want to use this currency.
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Bitcoin is the first digital currency created by satoshi, all exchanges make bitcoin the standard price so that the bitcoin effect is too strong for now, this is what makes the price of altcoins dependent on bitcoin performance. Bitcoin price increase has affected the current market situation to be green.
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Elon musk is very influential when the meme coin goes up and can even build market charts, for me this is a little manipulation because memes won't last long in the market, I won't do anything just watch how the meme coin develops and lasts until when in price tall one.
if you want to make a short trade on meme coins you can get 2x profit, it's just that the risk is very large. I personally also don't dare to take that risk, because most meme coins after pumping high then drop very drastically. even if true can survive , but it takes a long time to recover.
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I see bitcoin's rise affecting the prices of other top altcoins, and I also own a few altcoins and bought them sometime in late 2020. I didn't even expect some of them to increase more than I thought. as follows: AXS $0.6 and selling $70 Matic $0.02 and selling $1.30 I sold 50% and I still hold the rest.
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Yes patience is one of the key to success in the crypto space, but we most likely allow our patience turn in to greed which is very bad, imagine holding a coin and gaining so much profit even hitting the specified take profit set but the holder refuses to sell off and keep holding for more profits, will that be called patient or greed? This is where we mostly get confused, we should try to know the difference between being patient and being greedy. If your target hits sell off but if you still want to hodl for the long term then be ready not to sell when prices start falling.
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Ethereum can not beat bitcoin as bitcoin is still the leader among the other coins. Ethereum moves behind bitcoin and it is difficult for ethereum to increase the price like bitcoin price and did so we can not compare how bitcoin and ethereum works ,But I agree that bitcoin and ethereum can give us the opportunity to make money.
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As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are Panic - Sell.
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i think,Everything depends on hard work. BNB coin of Binance exchange has always done hard work to improve the capacity of BNB. If some other project will done hard work they can beat BNB but in this field you can not a greats like Binance in very short time so I can say that BNB will become king of all coins in upcoming years.
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actually it depends on your goals, long term or short term and If you have faith and perseverance, I believe any currency can meet your expectations. including the TRX are still good products and they really deserve it.
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It is difficult to predict when a currency will go up because the market keeps going up and down. The bitcoin crypto market is at the top of all currencies and the demand is higher than any other currency. It didn't take long for the market to turn red despite the green currency moves but cardano is in a much better position to invest in altcoins. The price of this currency is slowly rising and hopefully in the future, ADA can have a selling value that is higher than the current price.
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I've bought myself a few coins and I'm expecting huge growth from two of them. For example AXS, Tetha, PYR. Why is it good? This project is at the top among the Defi projects. A major update is being prepared. Plus, there is a huge accumulation of positions on the chart. on the other hand we can get other advantages like farming and also playing their games.
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Trading requires patience as well as a good analyst. Therefore, before deciding to trade we must really know the market so that we can choose a good coin to trade. Many people feel in a hurry to get big profits so they will panic when they see the market starting to turn red, even more so if they see the crypto market going down and finally panic selling.
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I see that some newcomers to the crypto market have had enough hype that they actually buy alt at current prices thinking that it will never go down or make rich overnight. but in fact it can happen the other way around because the price movement of a coin changes at any time. and people are losing money because they panic after the coin they bought goes down in price.
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Yes ,Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.
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In short, buy when prices are low and sell when prices are high. but we need to pay attention again so that we are not greedy by continuing to increase the estimated profit that has been set previously because we are afraid that the price of the coin may just fall. as a result we will experience a loss of time because we have to wait for the market to rise again. It's also important for us to often monitor market developments so that we can always update coins that have good market prices.
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