That's why we are better to buy top coins, don't buy random coins. But if you buy them during bullrun season, it will be riskier because the price will be free fall in the next bearish season That is the point what Newbies should be followed. but Newbies always want more money within short time and that's why they bought random unknown coin for double their investment as op said, some coin increase more than two time during bullrun, are kind of trap. But for exparts, Sometimes investing in new coin with little money is okey but top coins are safe choice for newbies as always |
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After crushing crypto market, it needs years to rebuild all the things what it have lost! Dumping and repeated and long unexpected bear market make bad impact on crypto users and investors. Because of such fud, people lost hope and panic sell their share, wholes refuse to manipulate & wait until correct time, new investors Don't dare to invest and all those things make the marketing dumping drastically but that's not permanent too
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That's pretty tough to recommend. You'll find bags of predictions and advises here but no guarantee available! But combination is depends on you. Both are potential coin for long term with huge marketcap. but if I were you then I would buy 4 ether & 0.4 btc with some others potential altcoins with rest money. Cause if you analysis the chart of ath, then You'll sell altcoins can multiple your fund faster than btc, although risk is also multiply high than btc also
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First you need to learn and decide how you will utilize your money in best way. Arbitrum(arb) sounds good among them but i really don't have any idea about rest of those. So i can recommend to put some investment with arb,. Besides you would rather invest your rest of fund with top potential coins like eth, bnb, aptos! it has less possibility that Top altcoins makes you disappointed
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Ether! Which is still most my most preferred altcoin list. Cause i used to saw it as a mother of erc Network and that time can't imagine any token without erc network where we needed to give transaction fee with via ether! That means, more use of ether, will grow more value of it. Thats the reason why ether still my favorite altcoins list. Same way i used to love bnb for bsc chain while i found bsc also trying to be the next ether
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This year crypto trying to grown up and till now, it does significant movement what can be considered as a good sign for upcoming months.but we can't ignore Bear and bull session Where someone will earn and some will have to loss money. Although recovery is very slow but I'm also optimistic to the new face of crypto market what will have more bigger again and this is perfect time to get grab altcoins with solid price
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No way at all. Even reducing fee from default setup, could make your fund stucked during this highly busy network. Although eth gas fee has reduced a lot if it is compared with previous years. but it is still suffer to give us the best transaction rate what bsc, matic, trx does. So we have to give such fee if we want to transfer tokens through this erc Network. That's why i already moved with bsc.
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It is better to avoid trading instead of doing it with wrong way. With wrong way, you may benefited for temporary but sooner or later, your fund will be vanished. Trading means, you have to build strong relationship with market and hold yourself for long term with that environment. if you can learn how to exist, then you will make profit automatically. but for that you have to learn first lest or you should lost everything for one wrong move
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I think the best & weakest strategy to avoid a scam project is, by not investing with new project but investing with old valid potential projects. It sounds wired but scam projects are making smart strategy what are sounds more than real one but they develop those strategy to make People victim. Reading whitepaper, having good roadmap or team members can't guarantee validity of a project. Although anyone can analysis and take risk by his own responsibility
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Social media channels are only way where team, let investors know the Update. So obviously investors should up-to-date with those project's social media channels. But i think some project's team should be more careful! Like announcement swap their token and give 2/3 moths max for done the work! Thats sounds like phishing, scramming cause thus they can grab lots of tokens from them who failed to swap within time.
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But many new coins also gained tremendous progress during those days and still they are being traded. How?? Cause they were original, came to revolutionized crypto market. It proves that, new coins are also gain success if you can find them out. Even last year, there are lots of new coins get lunched successfully and some of them replaced the top altcoins too. But i must agree, its superb risky to invest with new coins without analysis & study about them attentively cause most of them trying to scam people
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Doge reached ath of 0.7$ which was an unexpected phenomena that time. But now, there's no surety that doge will able to reach such level again. Elon keep taking about doge for his own benefit. For the sake of elon support, some sudden pump of dogecoin Isn’t enough reason invest on it. I won't wonder if doge downfall because of elon sell his share for profit. Prospects of doge is now complex, better to looking for others coins
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Buying coins randomly durning any bearish condition, isn’t the wise decision. The fact is, there are so many layer of bearish market and nobody knows about the dip layer of it. For example, you’ve brought a coin but next day it dump horribly, then how do you explain this phenomena? But of course we know that, bullish market will be come after the end of bearish market. So you can buy coins & put them in your bag but only if that they give you sign.
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It sounds like, OP is too optimistic as well as self perception person! But what I've learn about trade is, "Its the most difficult thing in the world." trading all the day without doing job/business aside is very risky. Cause if somehow you loss your large capital, then situation could be difficult. Trying to regain those, could make you more loss. There is nobody who didn’t face loss! But It'll be another subject of discussion if you already reach the peck of mountain
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Some People still have expectations surrounding solana but don't think it will be worth investing for long term. Once Ether's hard competitor solana, now struggling hard to rebuild their existence after 90% down from its ath, a years ago. From then, it didn’t show any impressive development that could make investors attracted. Although solana still have time to go themselves ahead but Don't think it could overcome. Rather you Should go with some others crypto.
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Probably yes for them who brought from peak. otherwise not everyone did the same but agreed that after such tremendous growth of crypto, the sudden dump makes investors disappointed. Although you must know that, there'll be a dump after pump and this is not new here. That's why you always have some money toh have an advantage during bear market but such situation is frustrating while world economy also getting worst. Although recent pump makes some hope again
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Once i used to Though, solana may another hard competitor of ether as it set goal to become a model for updated internet application but now due to the shortage with blockchain, it sounds getting down gradually. It need 17x more marketcap to replaced ether position while bnb, cardano and others altcoins are already ahead for this matter. Although solana still time to development themself but Don't think it can win over ether
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I'll never recommend anyone to go for NFT. Agree that some rarely NFT could make you profitable but most of them sounds bullshit and scam to me cause I'm don't trust those things and not going to invest on any funny useless valueless art. Even the nft hype are about to over. Rather buy some potential coins that have real usage. That would perfect choice for you rather than owning NFTs.
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