the right step is to choose coins that are under the erc20 network, but are you ready to bear it?
the initial costs are quite high. maybe at least you have to prepare a fee of around 300$ to be used to pay for gas costs
plus the price of the coins you will buy.
maybe you can try a network other than erc20 like bep20 coin, solana, or atom
I found so many outsourcing sites where those people offer a low amount of money to create a new contract address, especially fiver. Still, I'm confused why you agree to pay extra cost by staying at Ethereum Blockchain. We know that contact address isn't a major issue. Binance Chain will offer high cost in the future but Polygon is secure to create one. Binance always tried to withdraw or minimize the transaction cost compared to others. By these rules, we shouldn't pay extra costs on different Blockchain. |
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Choices are always different. That's why we are alive. We will share advice as we were introduced with those altcoins. You should take your decisions as your expectations. Most of the coins have a strong volume, we don't need to worry about future prices, but profit percentage can be low or high. The Sell percentage must be low or high, but you should sell all of the tokens as your demand.
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I am planning to invest 5000usd every month into crypto for next 3 years . So please suggest me which coins to buy how much. I am not a risky trader or investor i want to play a safe game as much as possible
I know that most of us will give you advice to invest in different altcoin. You should invest in stable coins when the market is in a little bull run. You can start investing in the first quarter of next year. The current situation is very critical for the cryptocurrency. Although I'm not a good expert, I have enough experience to share. So you have 9 months to research and find out where to invest. |
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When bitcoin rises, the altcoins keep the price and if when the bitcoin falls the altcoins fall even more. Why do altcoins usually follow bitcoin?
Most of the time, investors start to invest in Bitcoin and then their choices are different from their experiences. What I mean, you should learn about altcoins also like Bitcoin. Still now the whole cryptocurrency is defended by Bitcoin and Bitcoin prices. Day after day, Bitcoin is getting popular because of its limited supply and vanishing a little every day. You should observe "Litecoin and Bitcoin halving time. Maybe next year Litecoin and next year Bitcoin. Halving is decreasing the supply to increase the demand which demand also helps others cryptocurrency. |
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Here we should talk about chances because Bitcoin price was on the bull run in the first quarter. I don't find any reason to buy Bitcoin. So the big chances or percentage goes for flat currency or stable coins. In a simple or historical way, Bitcoin won't cross the last ATH. Almost 1 year has passed since Bitcoin's price is stuck in one place where we can make some profit from Bitcoin, but profit expectations must be low.
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I know we have determined newbies among us this days that have developed a strong holding (HODL) habit in themselves, I have an advice for you as a crypto holder and I hope you listen.
Do not hold your tokens for too long without looking back, I have lost some this way because later they move to main chain running on separate blockchain, imagine if you decide to check the progress of that project only in 2024 and you see that you've missed out on swapping your old tokens to the new coin..
You are right even though I lost some money to hold for a short time from an exchange. Exchange was delisted the tokens for their swap, then I had to pay a withdraw fee. Most of the time, holding or staking rewards is always risky in my experience. Some scam projects want to increase supply by holding your tokens. Once I missed the binance delisted news, so a simple piece of advice for crypto is "Inactive members are always losers". |
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I think by now, lots of fund should have enter into cryptocurrency consider Russian stocks crashes 98% on London indexes! Ruble is been plumed by sanction on Russian for invading Ukraine! Cryptocurrency will not be weaken for long, I suggest you start buying bitcoin!
Your advice is really good for a long time to invest from now on. This kind of news or situation can keep rising the market for a short time because most of us don't know about the supply and demand. Definitely cryptocurrency doesn't rely on any announcement of the real world. We must know the history of Bitcoin and why it was created. When the whole is facing Corona situation, only cryptocurrency is going forward. Although recently crypto is used for another purpose, which situation makes crypto more valuable. |
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So trading can be considered as superior than holding
yes maybe true trading better than holding but when token dump maybe holding is better and if have some money maybe average up is solution , this is just my opinion based on my experience I can't support you because you are wrong. I'm sorry. When the price of tokens is dumped, you shouldn't hold if you think the price could dump more. Trade is always better, which will teach you to hold good tokens. Trading is always good without a massive bullrun. You must know the price of top tokens, especially Bitcoin. We shouldn't buy/start trading at a high price during the massive bullrun. |
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Do not look at people who are worrying you with the potential of the bear market. It will always happen that is true but the reality is that we are talking about never having a bull market? Of course not. It means that even though bear market is unavoidable, the bull market is unavoidable as well.
So, if you find yourself buying at the top price of a cycle, then you could always keep on buying more and more during the fall as well, meaning you will drop your average, and then when the bull market comes and you reach higher than your initial top, you will be able to sell for a greater profit.
The only thing you need to be careful about is not to spend all of your money at once. If you invest into something all at once then you will lose money when it goes down, just assume that you could make a profit later on by holding some if it in cash.
I am giving so many times from my 24 hours. I know what it looks like when you are in good profit or losing. Actually, I don't believe in other users' predictions. I think "you have to burn your things to get something", now I'm burning time. Now my advice is we shouldn't invest until we're over confident about any projects. Although we know that up curve is always bigger than an old down curve. What I'm trying to say is to be a long term investor without any experience after this year. |
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Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
I do it in a different way, like what they (team) did till now. Roadmap, websites, social sites and other visible work to raise enough funds. After fulfilling my first criteria, then I do my deep research. Most of the projects are worth investing in binance listed but we have to do it before the exchange is listed ( what I believe). Although your criteria are also good after the listed exchange. This isn't the best time to invest without a few projects that could be very hard to find out. I apply these rules because I have to check most of the new projects. |
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I always keeping my truth over major coins like bitcoin and some other market leading coins. I just mention you some best Defi coins at running market.
10 Best DeFi Coins 2021
Uniswap (UNI) Uniswap is a leading decentralized exchange that is currently dominating the DeFi market. ...
Chainlink (LINK) ...
DAI (DAI) ...
0x (ZRX) ...
Maker (MKR) ...
Compound (COMP) ...
Aave (AAVE) ...
Synthetix (SNX)
This top decentralized exchange list isn't unique, we can get from anywhere. But if I were op, I would definitely buy defi from the centralize exchange. I wouldn't use the Ethereum blockchain if I had to buy it from a decentralized exchange. I don't want to give more money to Ethereum miners for the Ethereum transaction. Uniswap is really great DEFI, but even though centralized exchange is still popular. |
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I see tweet by someone that buying coffee by bitcoin without paying any additional fees because its using lightning network, for me its really cool. Maybe in the future people people will prefer coin over fiat because they're realize, the ones that volatile isnt the Bitcoin/ Altcoin, its the Fiat itself. Tweet Link : https://twitter.com/AaronvanW/status/1436040471554445313Almost every currency is volatile, including the Fiat currency. Traders are taking profit from the Fiat currency like "lnstaforex". At least 5-10 years' time must need Fiat currency to twice dump or up. Crypto is a very highly volatile market compared to Fiat currency. Although world war or war effects we will see in both USDT and crypto. We can't be safe in any currencies, but gold has a real stable price even after any war. |
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I have an altcoin on binance that I need to withdraw. I also have a tiny bit of btc and bnb on it as well.
Basically i have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.
I would like to withdraw everything to my hardware wallet nano ledger s. I only keep btc and bch in my nano ledger s.
I think you know we can use another blockchain to send/withdraw Bitcoin. Other blockchain transactions are faster and lower cost than Bitcoin. Although my advice is different, I think you don't have a major reason to withdraw your portfolio. 2k USD is enough money to be safe in Binance exchange. You can minimize your altcoins transaction cost by using others blockchain if your altcoins support. |
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Majority of small investors are sheep and afraid. You cannot make it in crypto with that mentality. You have to be fierce and ignore all fud and dramas. That's the only way to win. China fudding to fill their bags even more, everyone should know that. Do you really think that China would ban something like cryptocurrencies for real?
Correct, China doesn't want to miss the next opportunity. This is sure that we are waiting for the big opportunity because of the fake Chinese announcement. If you calculate their announcement and time, then you will know that all are fake. They didn't care about the cryptocurrency for the last 2 years. But the Chinese government started to ban it from the first quarter this year. Ok. Let's predict the future. The Chinese government will accept crypto transactions. |
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I won't and Honestly speaking even I will not advise anyone to take a loan to invest in the crypto market because it's highly volatile even your investment can be reduced to half in just one day. So one should invest only when one has extra funds for the investment on the contrary one can earn huge profit also but we all know it's a highly volatile market and one should always calculate the risk before investing.
I also won't support taking loans, only a few months ago, but now we should take this opportunity. Top altcoins have been very low volatile since the last 4 months. Actually, market prediction isn't very easy, but we can easily assume this time. There is always an opportunity to invest in the cryptocurrency with our extra funds. Now you can take loan opportunities if your religion supports you. |
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Hey
im talking about investing in BTC, Altcoin and shit coin
how you invest? like 50% BTC/ETH for long time and 30% alitcoin and 20% shit?
and a general question:
Why people get upset when, for example, bitcoin goes from 42 to 41? they know it will increase to 50, so There is nothing to lose. Their money is safe. I do not know the meaning of loss in this situation
You are right, our allocation of investment must be top coins to shit altcoins. I had some INScoin and PPT, those altcoins were delisted from the Binance exchange. Now I realize that old altcoins aren't safe in the crypto industry. Always stay updated with the new technology and blockchain (top altcoins topics are different). Some people were upset because they could earn more profit if they sell Bitcoin before the price dump. |
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In the last few months there have been a lot of fast-growing altcoins such as Solana, Polkadot, and Cardano, but these altcoins have not been able to compete with etherem, even binance, which is trusted by crypto users, also cannot compete, let alone beat, the popularity of etherem, despite several months ago Binance's growth is very convincing. Because it was able to break through $1000 in such a short time, but after experiencing a correction, the price of Binance fell very deep and there is no sign of going up to repeat its achievements some time ago.
Almost every altcoins price fell deep when Bitcoin price fell deep. We can't blame Binance or other blockchain. Still, other blockchains couldn't defeat the Ethereum blockchain when we knew that Ethereum miners are more profitable than Bitcoin. Because of the high transaction cost, some users will probably switch to others blockchain, but it means they will complete. Ethereum 2.0 will recover all the problems. |
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How is Polygons potential in the future, can it rival with BSC?
We switched from ETH to BSC, only for transaction cost. Now we wanted to switch to Polygon. That's how the cryptocurrency future is changing. But I think we need different blockchain ( different from ETH) with low transaction cost. Because now Polygon is offering lower cost and in future a new one will. None of this blockchain future is good until we take the real taste of the Ethereum 2.0. |
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We should fill up our bags as much as we can bear to lose. Recently we saw that another two coins were delisted from the Binance exchange and PPT is one of them. We should be more careful because cryptocurrency is always a highly volatile market. Single coins can't be good. 40k-42k Bitcoin price is low enough during the correction time. We can trust so many altcoins without Binance exchange. Although there is no privacy, Binance exchange no longer to support without intermediate KYC so we can decentralized exchange to invest.
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