The fall of the market will clear the cryptocurrency industry of numerous projects that are not needed and have no practical use.
Yes, but the purge of the useless cryptocurrency industry will only be temporary because when the market starts to rise again, there will always be a useless cryptocurrency industry that is born blindly. So many stock exchange listed companies don't have a proper industry but offer a huge volume. We can't do anything about it. Only we can avoid those projects or can take bullrun opportunities from those projects. So many scam projects will be launched in a couple of months, but we should invest in old projects except we are an expert. Very old altcoins projects are very safe to invest in. |
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Since the coinmarketcap pumped only a few coins, there are more green CIFI, Zilliqa, Amp and Tpay. Although I don't like any projects, those scam to bounty hunters here TPAY is one of them. They didn't make any distribution after blaming bounty hunters. But here I like "Citizen Finance" projects. I'm interested in investing in because of the low maximum supply of this project.
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I think there are a lot of digital currencies that have a good future, such as bitcoin, ethereum and binance / BNB. and not only is it a currency developed by a great community and has large capital it may also be the best digital currency for the future, for example, such as Citizen Finance, cardano, aurora and btt. these are all the best assets to invest
Between the last two days, the whole crypto pump was good, especially Bitcoin dominant. A good topic must be "Citizen Finance" tokens. I made a favorite list and notification on since "CIFI" listed CMC. After following this price, I experience that supply and circulation supply have a big effect on good new projects. In that case, the average exchange is enough for volume. |
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I've been here properly since the Bitcoin bull run started from 4-5k USD. We should invest now at any top volume altcoins and only NFT won't be cryptocurrency future. Now we know it's the best investment time for crypto, but we couldn't invest without this correction. The crypto market correction is always good for us. Actually, we shouldn't predict about the crypto after a few months.
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Have a very good or long story behind the highest pump at any altcoins price. You should know those stories where those projects remind us about their reputation. For now, "Ripple" can't be a long-term investment project. Some how I can sense that we shouldn't search for long-term investment projects. Most of the projects are now for the short-term.
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It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
The market always can't talk with us without showing, but we can understand everything. Even though you knew and your prediction was right as your post. Now I'm surprised that you did it. So I want to take an experience from your transaction history. Which types of altcoins did you sell before the last dump? |
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If my friend asks me to make my decision, then I will take the name, then I will tell my decision. We must take any new altcoins profit without Binance listed. A new coin pump means it will dump soon without any doubt. We shouldn't wait for extra profit. From now on, we shouldn't sell any of our altcoins. Now is the best time for holding them. Coins age and time will tell you what to do with your portfolio.
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Have you ever calculated how much of your total capital is in cryptocurrency?
In my case, i have 60% of my money in bank accounts, 20% in stock market, 5% in cash and only 15% in crypto.
Almost 60 percent invest are in the cryptocurrency. Of course, this percentage isn't part of all my property. Now I don't have any investment in stock exchange because cryptocurrency will be more profitable than the stock market. I don't know, is this part of altcoins discussion? |
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Definitely still Ethereum is the most popular blockchain in the cryptocurrency. Ethereum transaction cost is almost equal to the Binance chain but Ethereum transaction cost is not stable yet. Ethereum transaction cost will be lower than BSC in a 1 year. I'm thinking what could be the cost of others blockchain of ETH cost lower? So many blockchain aren't capable of handling all of the transaction.
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Who knows? No can say the best altcoin for now because there are so many altcoins that has a good potential in long term but if I were you I prefer to invest in BNB, ETH and ADA, these are the altcoins that I am now investing as I believe that it can more in the long run specially BNB. Still its up to you, better to have research first before landing investing in the wrong altcoin. Everything can be done through a good research.
High volume altcoins are the best, especially Binance listed altcoins. Stuck with a few altcoins won't be suggested by me. One after the new one will be giving the opportunity of the bullrun market. Make your research and find a coin in which one starts bullrun with Bitcoin. So many coins were starting bullrun after the Bitcoin bullrun was completed. Just don't lose any opportunities from the market. |
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As OP, newbies are always coming during the bullrun season then want to grab new altcoins. Why? Newbies don't see coinmarketcap listed coins or they are here to give money to scammers. Those newbies will make rumors about cryptocurrency in the future. Almost 50-70 percent of newbies will lose money for participating in the new ICO.
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Eth when viewed from the number of tokens that adopt it is very promising because it is still trusted and many still have it, unfortunately the high transaction fees are an obstacle for ETH, the large queues in the transaction make the fees more expensive, besides that there is no significant problem for ETH.
Is 27 Gwei to 30 Gwei in one transaction on ETH expensive? because when the number of Gwei reaches 500 to 1000 in one transaction is said to be expensive, then the number of Gwei transactions that are currently in the tens is a very cheap thing, I think, so try to wash your face first before you comment here.  Now you know why there are so many competitors although BSC isn't a proper competitor. Even though we use BSC for new altcoins, tokens will split faster than Ethereum. Holders wallet increase means price must increase. Day after day we needed a lower transaction cost when we saw low transaction cost offering in the other blockchain. 27-30 GWEI is high because we have the lowest blockchain. |
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Yes of course. Basically we will put our money in the tokens we believe as potential and would give us profit in due time. We will never put our money in the tokens that we don't believe to have a bright future regardless if it is about DeFi or NFT. Then base on our preference be will hold it for long term or just for short term depends on our target method
You could share with us your target methods and investment methods. In my view, I don't believe in any hype trends like DeFi, NFT, IDO or IEO. We know that nothing is good in all cases. We don't invest in any coins without believing it. Without some big exchange support, we shouldn't invest ( a big portfolio) for a long time. Low exchange support can be bought with the money. |
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Of course, everyone makes a decision for himself, but I want to draw attention to the engines of the crypto market, and this is Bitcoin.
Without Bitcoin, we would not have seen bull run on all other coins. Why do most of the funds buy bitcoin? Because Bitcoin is gold.
Sometimes I think Bitcoin is more valuable than gold. Gold supply isn't fixed, but Bitcoin is burning in different wallets with a limited supply. Till now bitcoin leads the whole cryptocurrency by taking dominant then giving dominant. Take a decision by this history, Ethereum price didn't move, but Bitcoin price continuously increased only a few months ago. |
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Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
OMG! You can't believe your own phone! Why are you so frustrated? Scammers or hackers won't visit your home! You should write down your 12 phrases words. Your phone could lose, burn or crash, we always need a backup. Once I lost my money because of extra protection. Your money will be safe if you don't copy it, but how do you rewrite it without copying the 12 phases? |
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Since the market goes down and BTC is now at 31,000, what are the things you are doing besides trading, for sure everyone is measuring and looking at the current market and waiting were to have an entry, do you still trade or do some task, lang play to earn games in crypto?
I myself, still do some research for coins that i like, making small trades and invest on coins which i think will give me some profit along the way, so that i will have extra money to buy coins,
how about you?
Nothing will be profitable enough if you depend on it. Trade is always profitable, sometimes increases money or sometimes coins. Now I don't have enough money to invest, keeping hunting is the only way for me. Helping friends to make investments is also a work. Now the best move will be a good altcoins investment. |
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Hey everyone,
How do you verify that a projects funds will not be stolen by the devs? Many projects hold ICO's or some other sort of sale to raise money for development and many have turned out to be scams where the dev steals the money.
What are you looking for to verify that they won't run away with the cash?
Any ideas on how a project can build trust with the community on this topic?
What would you like to see DAO projects do in the future that would help build trust and make sure funds are secure from theft?
Definitely your topic is about new altcoins, new altcoins are tough to choose from all the scam projects. I believe in only partnership from history and other advice. New projects are building partnerships to bring trust where old projects don't want to lose their reputation. New projects can't launch their projects with a big partnership, that is also my point. |
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I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.
i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.
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
I believe your prediction is good, but the expectation is too high. Could you help me to find out the reason why you believe that bitcoin could fall to 20k? I don't think you should wait for the bottom. Bitcoin's last correction price is running or probably 1-2k more down. You are the only one who is expecting a much worse crypto market. |
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I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.
I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.
But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?
Some words of advice would be really good. Thanks.
I research and analyse these projects then understand that you are new to the cryptocurrency. Why don't you guys take advice before investing? Old altcoins are way better than new altcoins, but all new ones aren't bad. Everyday new altcoins are listed in the CMC but survive a few in a month. A big piece of advice, we don't know the real demand for new altcoins until we listed some good exchange. |
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Actually, who wants to spend their whole day doing research! Only a few people can do it, but the rest of people follow famous people's tweets as our trend history. We don't know which altcoins will be revealed as a scam project but we know most of the new projects will be scams. Now a lot of opportunities have for old coins. Why do we have to do more research on new altcoins?
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