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When you want to invest in a new project, you should first know how the project is, what the future plans are for the project, and most importantly, who is behind it and who is working on the project. Because as we all know, new projects are potentially fraudulent, and new altcoin prices are very easy to manipulate! so don't be surprised if the price of a new altcoin will rise quickly, but in a very short time, a drastic price drop can occur. Indeed investing in altcoins that are clearer will be lower risk, just like investing in BTC ETH, and BNB this might be the best investment choice for now. But that doesn't mean that the risks experienced will be smaller, because as we know, crypto prices can go up and down drastically.It all depends on how you take into account your finances before investing because this is very important how you can minimize the risk of further loss. |
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As we know the main problem in the ethereum network is gas costs which are considered expensive, I think it's still more normal with btc fees or even from other networks such as BNB or Polygon.
If you are a future player, it can cost you expensive gas and this could be the reason why they avoid playing your game over the network. I think that Crypto games still have a chance to shine in the next bull market, but you as a developer have to consider the problems that are happening in the market especially this issue regarding the cost of gas.
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Even if you invest coins with potential projects, coins will never change, they will fall, all need deeper research and at least every investor must have a basic understanding of technical and fundamental analysis.
Because the goal of investing is to get profits in the long term, in the end, developers are smarter than investors to manipulate the projects they create, especially in market situations. Each coin has a phase to grow but if their product development doesn't increase as well, only time will erase their existence. Think about your type of investment for the long term.
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Hmm, have you done any in-depth research on this project? This gets a little confusing with the statement that you are so confidently inviting people to invest in meme coins without any complete reference. You need to know that many meme coin prices are bad, even though some have good prices this can be affected by the hype so many people experience losses when investing in meme coins.
One of the meme coin cases that causes most people to experience losses is the Shiba Inu where at that time people were very interested in buying when they saw the price increase but it didn't last long, the price has actually dropped until now.
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Everyone in the crypto community should know that the possible follow-up to this lawsuit will create massive corrective waves in the future. This must be considered and able to manage their assets, because I honestly thought that the first news about the lawsuit that should be the right opportunity to liquidate funds. But if not as calculated, this can be a big loss.
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This is interesting, what do you think is the definition of "dead" in the world?
Could this be because the price is dropping? or because the development begins to decline, both from progress and activity. What I see from their social media (ALGORAND) they are still very active, even their NFT is still very active until now and many things have been developed, even though Algorand had avoided problems due to hacking yesterday but its development is still progressing until now.
I think the downward trend is not only limited to algorand, as we know almost all cryptocurrencies are currently experiencing the same conditions.
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Most centralized exchanges also follow the same method, they take investors' money and trade it on the stock market. Regulatory laws enacted by the government must take into account a very important point, namely the need to force platforms to separate company funds from user funds, otherwise we will continue to witness more such cases.
This also applies to investors, they should learn to put trading money only on the stock exchange.
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I don't think it's easy to get such a good Risk & Reward ratio.
Most likely what he is doing is using the long term technique with the method of holding positions while in a minus (this requires strong fund security) with very low leverage, he may keep negative positions open until he gets a profit.
Be careful with lots of Copy Traders like this. They usually get lucky but are short lived.
Eventually what they wanted was fulfilled with you starting to follow and soon after a few trades went against them and they ended up blowing their account and yours. The most profitable traders don't split their positions.
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Technical analysis is like a road sign for you, if you don't have a traffic sign when crossing a new lane, then you will get lost. Relying on hunches is ridiculous in trading, no gut feeling can predict it will go up or down. It's the same as playing gambling.
At least you have to have technical analysis even though it's basic, because it absolutely must be known by anyone who wants to be involved in the world of trading, without analysis you won't be able to do it. it is easier to lose your money if you neglect technical analysis. If you have bad analysis you need to keep learning and understanding gradually, trade and you will gain experience and learning over time.
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Cryptocurrency has many opportunities, but the question is how will you find them and how will you execute the plan?
You could say that shorting shitcoins can be profitable, but you also need to consider that illiquidity pump and announcement pump that happens, as this can lead to liquidation. Of course that's not desirable, and add to that the fact that you have to pay funding rates.
Easier said than done.
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I think that this is almost the same as stocks, I think people always overreact. On the other hand, it shows how small and concentrated bitcoin is. Whereas in all countries there are many banks, and if one bank collapses, the currency will not follow.
But one exchange sued (has yet to collapse), and currently bitcoin lost 5% in a fairly short amount of time. It's not normal. There may not be enough exchanges, so going down shouldn't have any effect on the value of the bitcoin.
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I'm happy to note this, as you have avoided investing primarily in "shitcoins." This reminds me of a similar experience a few years ago, where my portfolio became worthless investing in such a coin. Since then, I realized that only Bitcoin has real value. Recently, I have also avoided investing in "shitcoins", but occasionally take calculated risks in leading altcoins such as BNB and Ethereum. By doing so, I benefit from Bitcoin. I sell when the price is high and stack when I believe it's the right time to do so.
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Bitcointalk username: Coinworld.story Video Review link: https://youtu.be/XN7fJ1Ku_TUETH (BEP20 - BSC - Binance Smart chain) address: 0xaa33B990329A2F7a21173a056D379F888816c477 |
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Proof of authentication - GGIVE Wallet ( https://coinsbit.io ): 0x3868d5C9D9F3A8469133ae510B3Ce01ec99b9297 - Telegram username: @pieight - Email: seriesup5@gmail.com- Campaigns applied for: Content Creation |
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