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I think that only NFTs with interesting stories under them are likely to survive and be considered valuable among collectors. Also NFTs that represent different things in games will remain popular. Other millions of NFTs will depreciate and settle on someone’s wallets
On the other hand, I think that NFTs will perform functions other than just tokenized pictures, so we will use them for other cases.
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I would recommend you to investigate chains other than Ethereum. There are blockchains such as Polygon, Binance Smart chain, tron, near, avalanche etc that are ideal for microtransactions. What is more, they have the same developed ecosystems like Ethereum with a lot of defi-projects, NFT-projects, DAOs so you will definitely find everything you need and you will pay less than 1$ as a transaction fee. Anyway, you can check this link: https://ethereumprice.org/gas/ and you will see when ETH gas gets cheap. |
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When you send a transaction it gets to a pending room first. Miners choose transactions with the highest fees and add them in blocks first. Ethereum has become really expensive and slow, so I had to switch to alternative chains such as Polygon and Binance Smart chain as because of high activity, gas fees can increase very rapidly and you need to add gas even after sending your transaction.
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Hi guys. I wonder how to find and spot good coins and buy them at ICO, before they are going on a well known exchange like Binance? I know that there is a mass of new coins which are 99% shitcoins. But there were als coins which aint even shitcoins for example like DOT (ICO 0,29$), UNI (0,06$) or SOL (0,22$).
So how to spot these coins before they get popular or are listed on big exchanges and are purchaseable at decentrilised exchanges?
To find a promising coin you are to follow all upcoming ICOs and get acquainted with all accessible information. You can look for ICOs and IDOs on coinmarketcap and then investigate web-sites of projects that are about to launch. You should pay attention to documents, ideas of the project, development team, partnerships and community and I hope you will find the next SOL or ADA one day. |
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This year is noticeable by the appearance of a huge number of different coins. The most popular altcoins in this year were meme coins (Dogecoins and Shiba inu and their clones) and native tokens of Defi-projects.
Now the altcoin season is still ongoing, so many of them are rising and the most popular now are coins like SAND and MANA because they are connected with Metaverse.
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What are the Gem coins you just discovered, guys?
Everyone share their newly found Gem coins here and let's help each other.
The new gem I found; Flash Loans
One token that is not really very new, but I found it the other day and it is called 888 tron. It is a native token of a gambling platform,but I don’t agitate you to gamble. Farming is also available on this platform and it is great, because transactions are very cheap and the profitability of farming is more than 224% APY.According to GEnx Analytics, the 888starz project was included in the list of the fastest growing crypto projects of the year. |
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NFTs are stored either on your wallet or in a market-place where you have bought it, for example on Open Sea. Personally I don’t invest in NFTs as I don’t see real value in digital pieces of art. Nevertheless, I invest in multifunctional NFT-projects. NFTs can be a good thing for new projects to attract investors. Because of hype many investors are willing to invest and get NFTs for this as they hope that they will sell them for a better price. |
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I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
It depends on what NFT and what coin you choose between. It is said that you should invest in NFTs that you really consider to be valuable as it can happen that you will not be able to sell it then for a good price. If you don’t see any value in digital pictures and other tokenized things you had better invest in coins that are used in projects and have real use-cases in their tokenomics. |
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Actually, altcoins always grow faster than Bitcoin, but they also fall faster than the first currency. What is more, the bigger market cap is, the harder it is to raise the price, so it is harder to pump bitcoin than low market cap altcoins. Ethereum holders want it to overtake Bitcoin as this way they will get additional profit. I consider that Ethereum deserves it as defi-projects on it give a real utility to the crypto industry and businesses.  |
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If every good crypto projects are been adopted like how people are adopting meme tokens today what do you think would have happened to crypto market already? If shiba never existed and doge never surge as much as it did and the only option for new investors is BTC and others would this have bring BTC to 80k already ?
If all projects got the same hype like meme coins do, the whole crypto market would be green and all investors would earn. If the only option for newbies was Bitcoin, it would be much higher than $80K as demand would be much higher than it is now. On the other hand, meme coins gave a lot of advertisement to crypto as stories of success of investors who made money on meme coins have attracted many newbies. |
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Actually, tron is a good currency I think. I use the Tron chain on my own and consider it to be very efficient and cheap. Tron’s team is working on its development. It is currently building a partnership with Sony to improve the Blockchain gaming experience.
Tron will provide the gaming company with its blockchain and expertise to make in-game purchases, trade in-game items and facilitate fast cross-border payments on top of the Tron infrastructure.
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Being addicted to music, I've used sportify to many years. That's why I'm so surprised when I found MeMusic, the sportify in the crypto world.
Indeed the copyright problem, intermediate fees have always been bothered the music industry.
And I think at this moment when NFT, metaverse is so in trend, music nft platform like MeMusic will certainly step in the stage soon,
What do you guys think?
All kinds of digital art including pictures, videos, music can be tokenized and sold as Non-fungible tokens. NFTs are unique and it gives them additional value. As there are a lot of people who like collecting things and are mad about music, I think that NFT-music platforms will be very popular, so Memusic is likely to become as well-known as Open Sea for digital pictures. You should also consider OPUS and Musicoin. |
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To find the information about where to exchange your token, you are to look at the page of this coin on coinmarketcap. I haven’t found any centralised exchanges where you can exchange DFI directly to USD and withdraw to your bank account, but you can use Uniswap or Kucoin to transfer DFI into Bitcoin or USDT and then using any centralised exchange, you can withdraw money to your bank account.
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Ethereum is bad for active work on the crypto market now. It costs too much just to transfer money, but when you invest in a defi-project, you need to run at least two-three transactions so it will take more than 100$ in total. I would recommend you to switch to another network and try Polygon or Binance smart chain that have a huge ecosystem like Ethereum has, but at the same time they are very cheap.
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I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.
I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.
You follow a very sensible strategy of diversifying your money between different coins. This way you decrease your risk as like you said when a few coins are falling, some others can keep your portfolio afloat. It is better to hold a part of your money in risky altcoins, and a bigger part in some mainstream currencies of promising projects. Also it is very important not to be greedy and lock-in profit. |
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Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
It is very important to pay attention to the community when choosing a project for investing. If a project manages to build a strong community and gain a lot of loyal investors that are likely to invite friends to invest in it, this project is doomed to success. Shiba Inu has a big community now, so this fact made me change my tune about this project recently. Since it is loved by so many people, it deserves attention. |
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I don't think that we can become rich in a short period of time. If we chase this goal, we are more likely to lose as it looks like gambling where only 1-2% of people are lucky to earn.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
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When choosing a token, I try to buy on lows so I am focusing on utility, idea of a project, and team members as it is difficult to guess if this coin will be trendy or not, but actually I pay a lot of attention to marketing campaigns and community as well because it is also very important. Token will not pump if it is just useful but is not popular with crypto participants.  |
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I can't judge Polkadot as it hasn't launched completely yet. Parachains' auctions are only going to start in November, but I am sure that it will be a huge hype as there are many people who are interested in investing in it.
If comparing BSC and Polkadot, I think that Polkadot bypasses BSC in many respects. First of all, Polkadot is decentralised. Secondly, I suppose that Polkadot will be faster as it can run several transactions at the same time using several payment channels.
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Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
It is better to stay aside from meme coins I think. There was a hype around them in spring, but now most of them are dying. There was news that Buterin has sold 6 meme tokens for 4,3 million dollars. After this, many meme coins decreased by up to 70% so I think that it is better not to invest in them now as it is unclear if any of them will pump again or this hype will not return any more.  |
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Another interesting discuss 
