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I was not into project with no purpose. Shiba inu is one of those project which don't need a ground to stable. It's a meme coin that means it not a serious investment. But some peot started to create to the project and others started to buy. But this is not the gem at you should invest or select a coin. I don't personally hold any kind of meme token not shibu neither doge but if you want to put some money in this kind of coin I would not put more than 1% of your portfolio to this coins.
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Ant this point bgold us the biggest asset class available for investors. Marketcap of gold is way higher than bitcoin or whole crypto market. I think we should compare gold with bitcoin not with the whole market. And I think in few years (it will take a little bitt time) bitcoin will surely cross gold. The main reason is bitcoin is the investment of young eras. And also it's supply is fixed. So more people will educate about bitcoin the price go up and up. This is fixed for me that bitcoin will cross gold as a asset class but the question is when.
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Yeah, I am kind of on it. I don't have millions of dollars to put in into a digital art. But I prefer to collect small things. Like cards and veve models. And hope if those NFTs are really limited and backed by some big names there is a chance that they will go big sooner or later. And I also collect NFT based games card. I am fully into rplanet , alienworld and I think wax chain has many thing to offer. And many project on it doing really great. For me I always think that NFTs and digital collectables will change the things normally games for forever. Hmmm that's it.
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For me yeah ieos/idos are a good investment but it's also depends on where you put your money. Not all new projects give very big profit. Some of them give good return but how most of the projects show their roi is not true. And now a days investing in good idos are very very hard to get in. But if you get the chance grap itm but first do some research about the project. And one more thing invest all your money in idos or ieos are not a good idea. Now it's upto You.
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StableCoin staking is very good option now a days. And there are many option available too. There are 2 kind of options decentralized one and centralized one. If you go with Centralised one you can go for crypto.com or nexo maybe. Other than that in centrazed option lending is a sweet spot for stable coin interest. And I think for decentralised I only trust PanCakeSwap maybe it give small apy but it's safer than other options.
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Firstly this up and down coins are not worthy investment for mid and long term. Whatever you do they will go down and down. If you really want to hold I would suggest some coins which have great project behind it. Hype is not stay forever but if a coin backed by good vision it will stay for sure. Like ethereum or bnb. I wouldn't say bitcoin cause it's a basic investment. Everyone should invest in Bitcoin with 30-40% of their portfolio. So find coins which have great team and vision and go for it. hodl it it will surely give you profit in long run.
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From last year the usecase of binance smart chain increased heavily. Why I am saying this? Those who are older in the market they know bnb was just a exchange coin. But very efficiently binance or CZ put many utilities to the bnb coin. That worked. But u think binance chain is the most cleaver move CZ done. The old chain is not that popular In terms of usecasse but the new binance smart chain works better than I thought. Many devs and follower started to use it like a alternative to ethereum. And that make the hype in the market and now it is highly popular every one using it. I don't knwo when it will go 1k but I'm pretty sure it will be more popular and surely reach 1K someday if binance keep this chain upgraded.
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Yes it is. And I never doubted about that. The time ethereum was created is not much going on in crypto space. And at that point ethereum comes with a revolutionary idea which all at a sudden change the whole crypto scenery. Devlop a whole blockchain was never been easy. It's still not. But for ethereum many people started to think about tonmake a new token without thinking if a new blockchain they have to made. And other than that the whole ethereum ecosystem itself is a very big revolutionary. And I think for this and many more reasons ethereum deserve that position.
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There are 2 kinds of wallet in the market one is centralized one where you can keep your fund but you don't have full access of your wallet. Like you don't have the private key to operate Your Wallet. In most of the cases You can't connect centralized wallet to any dapps so farm. Conbase wallet is the centralize one. But it has some positive sites to. you can use it through your Gmail or phone number. And it's very easy to use. In other hand decentralised wallets are where you have te full authority of your wallet. But you have to keep you private key to safe otherwise you could easily lost your fund.
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I don't see any difference on both. Both of them works just fine. USDT was always a good option for me. But after ethereum gas price hiked it's a pain for me. But now many chains already adopted USDT And BSC and TRC20 work flawlessly. In other hand BUSD is a good alternative. I do a lots of transaction (swap mainly) on BSC. It's usefull for me. You can use either of one or both maybe. Thank You.
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There are lots of alts available in the market but top alts are safe investment than low cap coins. But the thing is you have to decide your risk reward ratio. But I would say divercifing your portfolio is the smartest thing. And one more thing if you really go for holding its better to go for a bit longer like 4 years or maybe 5. Cause this hype and correction cycle take almost 3-4 years to complete and you should invest with a extended time period not all at once. This is not a investment advice suit a suggestion. Do your own research before any investment.
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I was entered this market in 2017 then this market was not this much hyped most of the people didn't know about the market or didn't know this market even exist. After few months of learning I started to engage them tried to told them how this market and whole technology behind it works. But they are not much interested then. But when bitcoin started to touch 59k many of them came to be to know how they should invest and they started to advice me that their money I'll be 4-5x in just few months. I think it happens on every Bull market many people come but they don't want to know about the market they just want the money and most of them failed and leave the market then blame it. I always suggest to read and understand the technology and the market. Then it will stay with you forever.
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It looks like it can. Personally I never think that doge ever will reach this high. This was a project with no target but somehow community heavily supported the project. And for community dogecoin is herem the whole crypto community space shows its strength again. And now a days many celebrities are also got their hand s in doge. So day by day it's going more popular. But if market is upside like this doge can easily go to $1.
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I always go for investing. Trading is a good way to make money but for that you have to some good knowledge about trading which I don't have. That's why I like to go for investing. It's easy and also I don't have to put much time on it. If you are new I would suggest you to stay away from trading first know about it and learn very carefully and then go for trade. Otherwise you can go for long and mid term investment but still it's also need some knowledge first gain it.
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For me it's a big yes. It's fully depends on how much you understand this market. There are more than 8k alts available in the market. And most of them are not very good. So if you don't know how to pick altcoins then you could lose your money. If you are new I would suggest you to put your money in large cap coins. And learn about the market. When you know this market then you could put your money anywhere you wnat.
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The Choice of you alts are areally good and somenof them are also in my holding. At this point I want to focus in verynfew coins and one of them is dot. Dot is a very big project and they are reaching every milestones one by one they set. Dot is building it's ecosystem very carefully and day by day it's growing strong. So I think dot have more way to achieve other than dot cardano is also a very good choice to go with.
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I don't think so. No country will ever withdrawal there fiat. If they have to digitalized everything they will make their own digital currency with centralised system. Yes I also think that fiat will be alternative and many people 5 years from now use stable coins and crypto as a payment method. But fully withdrawn of fiat is not possible.
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The list of coin you choose in the list is really good. And we don't you invest in another space. I would suggest you that put slot if your space. And I think ato did por at this point bi cauld not see. But most of the fees are go. And you also can add some defi -NFT platfrom which can perfrom in last days.
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