With this month's hard fork, buying Cardano for now would be great as it increases throughput on the Cardano blockchain and boosts development of smart contracts and decentralized applications (dApps) so many predict that this update will change a lot of performance on their network, so decided to holding Cardano is indeed a very appropriate move for now, especially for the long term because the market is currently experiencing a bear market.
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Currently the global market position is not good with the economic turmoil in several countries experiencing inflation, of course it will also have an impact on Crypto plus high leverage on miners so that there is a weakening in the sector which causes prices to fall and this situation could last until 2023 and ending in 2024 there are even some predictions that Crypto will experience its lowest price this year to reach a rate of $14k-$13k.
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Never be afraid to lose or lose money, learning costs a lot and if we are newbies without trying much then like blind people who keep groping and will not know the straight path, new projects are good opportunities for profit so I recommend investing in new project.
What you say is true but before entering to invest in a new project it is better to study first with many references as is the case in this forum because many things about potential projects have been discussed by many members here so when entering into a project there is nothing to lose. This is because everyone's mentality is different, even though the ultimate goal of investing is to make a profit, so don't rush into a new project.
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Anybody can say anything and Ethereum as we know it has grown beyond a mere inventory that a mere bad talk can just drop the value in the market. As for me, I would love to keep and even bag more before the merge.
Eth already has power, so any negative rumors about this project will not be easily dispelled, especially with the merger of Eth, their network will be better and of course more projects will enter the Eth network again because with the merger of Eth the high cost can be minimized again so that to make transactions using the Eth network you are no longer afraid of high fees so it never hurts to hold a coin that has great potential in the future, namely Ethereum.
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Metaverse is currently very crowded with users, so with a new container themed metaverse, maybe this is a new innovation so that we can feel the same sensation in playing it especially with high hype, it is possible that the new project can coexist with the previous one so that investors' interest is also will grow big in their world, maybe that's another consideration to enter Secret World because I see their product theme also seems interesting to play-get-creative you trade.
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What often happens to me when investing in Crypto is to miss the good moments when the market is bad for fear of losing a lot of money so I don't have the mentality to shop in a bear market so for now it should be an experience and now I have bought some assets for the long term so as not to miss the moment when the market enters a bull market.
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If you are an ETH holder then you better stick to ETH merge because with this news, you can be sure that the hype happening on eth in the middle of this month and some updates to be given is also still positive so the risk is still relatively low to stay on Ethereum .
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Actually, storing assets on a fairly trusted exchange like Binance is also good because we can make transactions faster when we want to release assets and maybe we can use these assets to follow some events that are given to the market so that we can not only store them but we can take advantage of the assets. us to get extra when we save it and for security obviously we can secure better because of the second level of security if we have verified.
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so I think for now a good bounty campaign for us to follow is a campaign that has given its reward to the manager or Escrowed.
When a trusted manager manages a bounty and doesn't pay it, I believe that they also have a problem with the project owner because there was a case where the manager announced it because some project owners didn't pay the manager so it was impossible for the manager to pay so many participants because of this incident, maybe by following escrow there is at least an idea that our work will be paid because there is a legal agreement with the manager.
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I've made transactions in the Market but I feel uncomfortable when doing on the exchange because the Withdraw and Deposit system they do is very long and more than 1 day because of the reason at that time they did it manually when I complained about the transaction and after that incident, I didn't do anything transactions in that market again until now.
Maybe now their system is better but I have not followed the development of the market.
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Make shiba your portfolio for the long term even though there are several other potential coins, but don't remove shiba from your portfolio because the shiba token has a very good opportunity in the future because this token is still developing in the network so there are still many innovations to come they will launch in the future days so this token is very suitable for the long term apart from the token is just a meme but they dare to compete with other tokens with a large token community.
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I am more interested in EOS because their network has free fees and millions of EOS transactions per second and if we hold EOS coins we can also get rewards from all transactions made on the network, although at the moment EOS has not been able to reach the highest point like ETH but in the long of the EOS network will be so useful that there is no doubt to keep it.
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Currently, I only hold DOGE and Shiba coin memes, even though the price is currently falling, it provides an opportunity to get these coins at a cheap price, for coin memes other than DOGE and Shiba it is better to leave it or for the short term because I have lost several times for Other meme coins may be due to the wrong time to buy so that when the trend runs out, the coin has no price but it is different from DOGE and Shiba because I am still very sure that these two coins have good potential in the future.
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Then how is the development of XRP with the SEC, is there a continuation of the problem because seeing from this incident the price of XRP continues to experience a significant decline until now the price of XRP is at a rate of 0.3$, although if we find XRP at a low price, it doesn't hurt to continue collect in the long term because there is a lot of possibility this company can still survive if the issue with the SEC is resolved then the price of XRP could rise quickly.
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Inflation that has occurred in the US so far is still very high and until now economic growth is still unstable, so it has an impact on the mentality of investors to stay afloat and get savings for the future, namely by investing in several sectors, as happened when Covid hit the world many investors who turn to the property business to continue to make profits, so in this situation a good way out is to try new things and take advantage of the existing momentum. If Crypto prices are currently experiencing a decline, this might also be the right move to accumulate some assets for the long term.
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For now, Metaverse is still very much needed, especially in this digital era, Metaverse is one of the answers for us to be able to innovate in doing many things in the digital world and it's true if we don't need it because not everyone has to do it too. Even if you enter the Metaverse, it would be nice to try new things that are still busy even though in the future it will no longer apply because of better innovation, at least we have used the product.
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when the bear market arrives, it's time for us to take the opportunity to start making purchases for some potential coins and by rating them on some websites it can be used as a measure to buy some assets in Crypto because we are holding large amount of coins. most likely the coin will recover quickly when the market experiences a bull market next season and if I look at the current conditions it is almost the same as a few years ago.
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To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
if we talk about the fastest ROI of course many will say to enter Bitcoin because the coin price changes relatively quickly even though the risk of loss is also very high but if we have little capital and for the long term then gold investment is very good seeing the development of gold prices is also quite good in the last few years and all of that comes back from the capital we have because we are looking back at Btc prices which are currently very high.
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it all depends on when we buy coins, if the time to buy coins is during a bear market then our chances of getting big profits are for the long term with the hope that the bull market will also recover well, but when we buy coins during a bull market it's better for the short term due to current market trends it is great for making profits quickly due to relatively fast and increasing price fluctuations.
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If I get the funds then the most important thing is to buy Bitcoin because at the current price you can get 1 coin and still can buy some other potential coins like BNB and some coins that have reserves in the market, maybe you can enter in lending or staking coins for your passive income.
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