If we consider a long-term period of 5-10 years, then I do not consider it possible to make an investment altcoin forecast in the crypto area for so long. I believe in Ethereum, I doubt the rest.
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I am not buying anything because the market has not yet found its clear, logical bottom. Generally, I try not to move my money during the New Year holidays. Indeed, for many people this is a time of spontaneous, emotional actions.
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Most likely, this will have a positive impact on everything related to Tron, because this is another informational occasion, which, as is customary in the current conditions, will be used as a publicity stunt. For the price of Tron and its holders, this is definitely additional support.
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Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
Altcoins work according to bitcoin, if the condition of bitcoin is corrected, then altcoi also get an effect, that's why people always say that the development of altcoins is largely determined by bitcoin, no one is even able to analyze altcoins when bitcoin is corrected, and when I learned almost everything was true , but not forever the two coins will move the same, both correction and pumping. Although it is believed that the movement of altcoins is strongly influenced by the movement of Bitcoin, it still cannot be considered a complete dependence. At different times, some altcoins may move in completely opposite directions. This unpredictability is a feature of young markets, which includes the crypto market. For this reason, here we can get both fantastic profits and huge losses.
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Daily trading takes up too much time, which I always lack. I study projects in advance, and therefore, having collected the right coins in my investment portfolio, I am ready to hold them regardless of the periodic ups and downs of the market.
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We all know that market is collapsed and reviving again and i don't want to miss this opportunity which coin or coins should i buy?
Even if I only have a small amount to invest, in order to spread the risks, I would spend most of it in buying Bitcoin and Ethereum, and invest the rest in Metaverse Index (MVI).
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Elon's magic is over or its limited to 15 to 30% temporary pump, I don't think much can be done with just tweets and I think Elon really needs to make some progress in really including Doge into Tesla because nowadays these tweets have become more of a signal for quick profit, this cannot go on forever as investors cannot be fooled everytime with just talks without any implementation. We should be wise and avoid falling for trap of FOMO whenever Elon tweets.
It seems to me that now, before the New Year holidays, Elon could have come up with something more original and unexpected than mentioning Doge again. Why don't he make a couple of tweets in support of, say, Santacoin, to send Santa to the Moon in his rocket.
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I'm not a fan of meme coin so I don't know if it's worth it or not. And if it's only based on whales buying large quantities, it's not a reason to invest in coins, which we don't really believe will be successful. for me popular person or rich people not the reason to doing the same thing as they do.
A very correct observation. If any eccentric millionaire can easily part with several million dollars by buying an empty meme coin Shiba, this does not mean that other sensible investors, in this example, will be ready to lose their, even 100 dollar investments.
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Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?
Meme coins, including Doge and others like it, have no intrinsic value or utility of their own. Now they have become fashionable and expensive thanks to influencers. But this "miracle" cannot last forever, and then only sellers will remain without buyers.
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See another manipulation of a new project, the coin is called greenex (gnx). From September 18 2021 the coin was selling at $0.93245. The coin increased to $422.42 on October 5 and decrease the following day back to $0.0009702 from $422.42. the coin ever since that time has been very low. https://coinmarketcap.com/currencies/greenex/I see this as a bump and dump coin, many people can see the coin increasing and invested but not knowing the coin will start to decrease the following day. Can you imaging what $10000 can turn to if invested when the coin turned $400 and it dumped that way, it will remain less than $0.0245. This is one of the risk in investing on new coins and tokens, they are gambling. What made this person immediately invest 10k dollars in a new, little-known project? Apparently, such an aggressive investor "did not know" that new crypto tokens are too unpredictable to take such risks.
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We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is? I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Since 2017, I have been constantly buying Ethereum, even during the bear market, and to the present, I do not think that I did something wrong. For a long hold, you just need to make the right choice. Based on your presentation, the long term view of altcoins should also be different, should not be too dry and just assume bitcoin is everything to the market and us, to be able to rise to the top position as today, except for the potential, the initial communication with altcoins as well as the mutual complementarity is also undeniable with bitcoin. Ethereum and BNB, most recently Sol and many other ecosystems, they are not just a group of flowers that bloom in the short term, they are the flowers that bloom in the long term as long as we try to cultivate and be patient, altcoins have made great progress and will no longer stagnate like in the past So I wrote that I choose Ethereum for long-term retention and buy it in addition at any price during bear market moments. I see there are many more opportunities for constant growth in it.
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I want to share with you one of the hidden gems that I found. Ethernity CLOUD - https://ethernity.cloud/The Public Sale is happening soon, and they are getting a lot of media coverage, both written and on youtube. What are your thoughts on this? What are your hidden gems? The Ethernity.cloud's website states that the organizers of the project expected to raise $ 14.7 million. What is the result for today. Did they manage to achieve this goal?
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I think the market will have a few months for altcoins or in September
I am thinking of some trends - NFT - Top altcoins - Polkadot ecosystem - Solana
What altcoin trend do you think will be the best in September?
I tend to choose Polkadot.
You can already forget about what happened in September. The crypto is such a lively and unpredictable product that even a couple of months is a long time in order to guess the correct forecast. However, Solana and Polkadot are good choices for the coming year.
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I suspect that every newbie, embarking on the path of the crypto space, at least once, tried his hand at eidrops and faucets, trying to feel the free taste of crypto earnings. This is neither good nor bad, these are simple primary school assignments for a minimal, symbolic reward.
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Hello everyone, my question is: how often do you invest in new and young projects? Aren't you afraid of losing money if the project closes?
Of course, I try to search and analyze new projects for investment, because I believe that they can unexpectedly bring good returns. However, in this choice, you should be especially careful, because the risk of loss is also extremely high.
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We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is? I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Since 2017, I have been constantly buying Ethereum, even during the bear market, and to the present, I do not think that I did something wrong. For a long hold, you just need to make the right choice.
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Is there anyone to help me? 1. Which are worth it 2. Is it possible to make a long-term investment?
Thank you
You have probably analyzed all these projects well if you were able to compile such a list. This is your own choice. Let's see in a year what the result of these investments will be and compare them with investing the same amount in Bitcoin and Ethereum.
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The prices of all meme coins are held only as long as some famous person tweets about them, fueling a stir among onlookers. By themselves, they cannot develop because there is no practical benefit in them.
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My expectations about Polygon (Matic) are the most exciting. My only regret is that I did not have enough funds to buy it when its price was lower and attractive for a long-term hold. It is even strange that its price does not go down during periods of decline in the price of Bitcoin.
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