I think the price will be the same as aptos. because I see these two projects have the same characteristics. So for those who are getting WL, I think it's very beneficial. 10$ for the initial open market price is a very reasonable price. or even more than that if the market situation supports it.
But despite the speculation about SUI's price, I'm a bit disappointed that the project doesn't pay tribute to their community. unlike other big projects like aptos or arbitrum which provide airdrops for those who contribute.
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From the historical chart and according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.
What is your thoughts? Are you agree with the point?
I don't agree, because there are many things that determine altcoin season. indeed one of them is the price of bitcoin, but it is not a benchmark. just look at this time even though bitcoin has increased in price but altcoins are still in the same place. there are even some who are still down. I think the altcoin season will come after the bitcoin halving, because based on my experience the altcoin starts a year after the bitcoin halving.
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YT is full of fake videos that present themselves as Live events with various famous people from the crypto world, although these are recordings of some past events in which scammers or influencers then insert some of their ideas. People who listen to Musk with any ideas related to cryptocurrencies should know that they are wasting their time, because the man has publicly admitted that he is not very knowledgeable about these things.
Not only is the problem that someone is doing things like this, but the even bigger problem is that millions of naive people believe in fairy tales like this.
yes you are right, there are many fake live streams that use video recordings of interviews from the past on youtube. the problem with the live streaming is that it comes from a hacked youtube channel. a lot of youtubers from my country experienced this, their channel was hacked and renamed, then used it for live streaming.
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It's been more than 2 months since I joined the airdrop. and not a single token can make money. even though I have joined many airdrops. I joined the airdrop that was shared on twitter or the telegram channel and ended up in vain. I only got worthless tokens, dusting tokens, non-sellable NFTs, and what's worse there were several airdrops that required me to send a bnb for fee.
why is it so hard to earn money from airdrop now. as if being an airdrop hunter is a waste of time.
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How low is low? You didn't name the altcoin and the market cap.
not too low, more or less a coin with a marketcap of $100M and a trading volume of $10M. one of them Banana(apeswap) #368 on coinmarketcap. I made an analysis for this coin a few weeks ago. At that time I saw the price had reached the resistance point, and I bought it. but so far the price has not gone up.
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some time ago I bought an altcoin which has a low marketcap and trading volume. I bought after analyzing using technical indicators. After a while I realized something was wrong. it should be if based on my analysis the coin I bought has entered an oversold period and the price should have started to reverse. but in fact it never happened. the price may go up, but it doesn't last long and it goes back down. then I also bought another altcoin which is almost the same. and again, I also experienced the same thing even though in the end I got profit thanks to long-term hold.
Then I started thinking and wondering, why is it difficult to apply technical analysis to coins with low market caps. unlike bitcoin and other major altcoins whose movements are still predictable. Altcoins with low market caps are difficult and even impossible to predict. whether this is all related to manipulation or there are other reasons that make it difficult to predict.
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Blockchain technology has often faced many limitations when it comes to achieving scalability without sacrificing decentralization. Up to this date, no project has been able to scale to meet today's demands without putting decentralization at risk. I'd be a "miracle" if we get a cryptocurrency that's highly-scalable and highly-secure at the same time. Now I'm starting to wonder if there's a project that's aiming to achieve "unlimited scalability"? To my knowledge, there isn't a cryptocurrency with an unlimited block size. If there was such cryptocurrency, it would've been highly centralized, making it no different than traditional banks. Still, I'm curious to know if blockchain is capable of scaling infinitely to billions of people worldwide. If it's possible, then governments can use the same technology to replace the monetary system of today. What are your thoughts?  unlimited scaling and still decentralization is impossible. only a centralized system can do all that. but if the question is changed, will a decentralized platform be able to scale to billions of people around the world?. I'm sure it can. there are many ways to do it all. either increase the capacity of the block until it can do that, or use a layer2 network. so that transactions can be processed faster without adding too large a block capacity.
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I think all tokens with a very large total supply are shitcoins no matter what the project name is. so don't pay attention to such projects. and one more nonsense tokenomics. lots of new projects with very good tokenomics but it doesn't make sense. they just promise something without ever trying to make it happen. for newbies who are just investing it's better to buy big coins like bitcoin or ethereum only. it has much less risk than other coins.
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I'm currently monitoring Banana(Apeswap) coins. This coin has a small market cap but has great potential. I think their platform can compete with pancakeswap. and the current price is still low. that's why I can buy a lot.
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I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
You only have two choices, believe it or not. if it affects your analysis, then don't trust it. I personally don't trust such platforms. more trust with analysis made based on the latest news. and it looks like a pump and dump group, it's just a different way of conveying it. so better not believe it.
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the most predictable ones are bitcoin and ethereum. both cryptos have a good future. everyone here agrees on this, because btc and eth are icons of the crypto market. they are the center of the market ecosystem. therefore these two coins make a good investment. apart from these two coins there are actually many potential coins. but difficult to predict and very risky for those who don't know much about crypto.
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and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
prayer is not enough to make it come true. more effort is needed to destroy the market. if you have influence and money maybe it can be done. but the possibility is also very low, look at Elon with some of his tweets or China with its regulations still not able to destroy the market. and the market situation will remain like this until the next bullrun. so if you want to buy now is the right time. the price has fallen very deep and there is no way it could go any lower than this.
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can't, in fact I doubt ADA can stay above 1$ for the rest of the year. the market is in a bad situation right now. and this will continue, why I believe because too much negative news keeps popping up. FUD is growing fast putting the market under pressure. And this will indirectly impact the price of Cardano. because of this I am pessimistic that ADA remains above 1$.
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This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
well, currently the price of ethereum is back below the price of $ 2k. I'm pretty sure that the current movement of ethereum is heavily influenced by the price of bitcoin. not only ethereum, but also for other altcoins. however, I hope the price of ethereum can get back above the price of $2k again. it might be supported if the bitcoin price can reach above $35k again. without that ethereum will go back up to 2k. I'm sure the next few days ethereum will rise again. without having to support the movement of bitcoin, ethereum can do it. the question is whether ethereum is able to do more than that. so far ethereum has touched a resistance point several times, but always turns around again. can never break it to climb higher. I wonder why this is happening.
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I see this project worth investing in. although relatively new, but their platform is already popular. this means that a lot of people put their trust in this project. and one of the good about Matic is the price is still low. for investors with minimal funds, Matic is a good choice of coins to invest. so this coin is very worthy to be part of your portfolio.
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I feel that the current market is not positive, only waiting until the IV quarter or 2022 seems to be more positive than now, as for ETH and BTC, if we look at the development of ETH, it still depends. in the price volatility of BTC increases or decreases and ETH also increases or decreases.
The dependence is only on BTC, because from the past it has been very clear that when BTC increases, ETH and other coins will also increase sharply, as well as when BTC decreases, and for now BTC is like a road in place. it is this dependence that causes the crypto market to be viewed badly. all coins depend on bitcoin, no one is independent. all are affected every time bitcoin moves. Likewise with ethereum, although eth is the number 2 largest coin but still not free from the influence of bitcoin.
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from their smart contract address, usually the developer keeps the funds from the token sale there. although not for a long time, but we can see how much money they actually raise. and how do we see whether the funds are used for development or not, that's easy. we only need to look at the progress, if the development progress is good then the funds are used according to what was planned.
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Elon Musk doesn't glorify Doge, he's just playing around to get the attention of the crypto community. his tweets so far have been just bad jokes and he's not exactly a doge fan. So I think it's a big mistake to think that Elon thinks doge is better than bitcoin. everything is done for the purpose of profit only. see how he brought down the crypto market by making a statement about bitcoin mining. he's trying to manipulate the market. and the meme coin hype is one way.
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those who lose usually never feel the state from bear to bull. they gave up halfway, and complained that crypto was a bad investment. they seem to forget the concept of time. impatient to wait and just listen to other people's words without wanting to make decisions on their own. think unlucky and have no second chances, and end up selling when the price drops, then walk away from the crypto market. if they are willing to be patient, I'm sure they won't be the losers. actually the key to investing in crypto is easy, namely HODL. no need to be an expert, just buy and wait.
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