Investing in altcoins is very risky.No one wants to invest in it for a long time and also wants to hold.Because there are many records that many people have lost everything by investing in altcoins for a long time.It is used for quick profit.That is, investing for a short period of time and withdrawing in a short period of time.Investing in Earth Coin for a long period of time is absolutely unwise.Any profit from altcoin investment should be withdrawn.In this case more profit may cause more loss.I see no reason to invest in altcoins other than quick profit.
Investing in altcoins carries some risks just like Bitcoin as well. But there is one reason why Bitcoin is still on the lead because of its high potential long-term. Bitcoin is the best choice when investing in the long-term while these altcoins are considered for short-term deals. We have given options and we choose where we think it fits our risk appetite. I don't consider all altcoins to be profitable or let us say it give us profit in a short period. No, it says for the short-term knowing that these coins never last long as they just dump and mostly die after the price surge aside ETH. That is why we should never have missed the chance to sell our altcoins during the bull season as we can never expect it to rally back in the future. I see that some altcoins can still survive through 2-3 seasons. As far as I remember, there are still 7-8 other coins except for BTC and ETH that have been alive from 2014 until now. |
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Don't compare a bank to a coin exchange because I believe a bank is safer. But what about a bank and a cold wallet?
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Most of the world knows that with existence of nuclear weapons we're not going to go to a full scale conflict. Most of the world, because there are some crazy people out there, for instance if some Islamic regimes had nukes they'd use them no matter the cost.
Russia is currently abusing the fact that some countries that surround it don't have nuclear weapons and can be bullied. I doubt that Putin would invade Ukraine if it had a submarine full of nukes hiding somewhere. Having too many nukes is bad, but it appears that not having them is also bad.
North Korea is a good example for your view. A small country with poor finances, but with nuclear weapons, it makes it hard for other countries to touch them. |
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I don't want an argument about profit between Bitcoin and gold, but remember, gold is safe in some situations like war, calamity... Everything have cons and pros
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Most people don't invest in bitcoin because bitcoin is too expensive so they switch to altcoins and can look for altcoins that fit their budget, and altcoins can sometimes produce multiple profits but can also reduce losses in a short time so it's not surprising that many people interested in altcoins besides they also like Anderlain like this, that's why they don't invest in Bitcoin.
In fact, if we already know crypto completely, investing in Bitcoin is something that must be done because Bitcoin will make our finances better in the future. Even though the price of Bitcoin is expensive, we can do it using the DCA method. I'm sure those who don't invest in Bitcoin will regret it later, especially as the price of Bitcoin is currently slowly rising, perhaps in the near future it will create a new ATH.
Those who choose not to invest in Bitcoin certainly have their own reasons and they have a good understanding of how to profit from altcoins and of course dare to take bigger risks for the easy profits they can get and also the possibility of losses if they make the choice the kind of altcoin they can't profit from. I agree with what you say, it feels incomplete when someone has invested in crypto and has not invested in Bitcoin for various reasons and the risk of investing in Bitcoin has a lower risk compared to altcoins, collecting Bitcoin using the DCA method will indeed be very big. big. big. profitable if we can do it well, because we will be able to make a profit if the price rises and we have collected according to our abilities. Most people don't buy Bitcoin because they don't have much money beside they want to make a big profit from crypto. Bitcoin currently takes 2-3 years to double, but meme coins may multiply by x100. People enjoy gambling.  |
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For me, if you want to make a big profit (but it comes with high risk and you must invest your time), you shouldn't invest in the top coin. Try to find a gem with a market cap around 1-10 million. Gather all information about the coin – a good background, a good development team, a strong community – and then just buy some and wait. Do your best to find 10 coins like that. If you're lucky, 1 in 10 coins will pump like x100. You will have good profit event 9 others coin die. Like me, when the market pumps, I come back and run some campaigns to buy some coin and then wait. It has been good for me .No risk, just take some free time. 
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That's actually true. A lot of people are fooled by those signal groups. It is even being reported here in our country that they will bite those they will victimize in the beginning that will initially release small capital, and then they will first fall into the trap that they will first show the prospect of earning the small capital, and then they will invest again and increase their investment capital.
Until the victim realizes that the amount of money he has already released from the signal group is large, and when the amount is released, the victim will suddenly not be able to access the signal group's site.
Ya, I still don't understand why they still believe in these groups. Why don't they ask themselves, if the group owner can predict which coin will pump, why doesn't he tell his friends or keep it to himself?  |
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OK I just test Seabet.io and this is my review.  Registration Process: The registration process is simple, much like other websites. UI: The UI is excellent. I mean, I can easily see everything I need. I can locate where to play and other features very quickly. Payment: The website also offers a variety of options beyond cryptocurrency. This flexibility is particularly useful when inviting friends who may not be familiar with crypto. Betting: The main attraction—there are so many things to play, including events from small leagues in lesser-known countries. It also features esports. Unfortunately, Dota 2 and LoL championships recently ended, so I couldn't test them. Affiliate: Yes, with a good website like this, the affiliate program is a strong point. You can share it with your friends and on your social platforms to reap some benefits. Point: 9/10 |
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Bitcointalk username: xandriel
Seabet.io username: xandriel
BSC wallet address: 0x28e770e28ae65Bb11C2B0B94E2fD6816281BBfBD
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what are the coins or tokens that you hold at the moment and explain why you choose that
hope this can help others in choosing what cryptocurrency is good for hold and has a bright future ☺️ .
personally I invest in XLM and XRP , is both coin are good as a long-term investment ?
On the defi side, I quite like new coins that offer the potential for growth. Ive been following fiscus.fyi. New fresh and not a salad or a breakfast. I would not bet on DeFi projects... Because as time goes by, they will all be devalued once the hype passes! It is better to invest in a little-known project, but with long-term plans than in a hype! Defi projects will always have great risks when you choose to invest, but with what is happening, this is definitely a good opportunity for you to make a profit. If you are the first investor, the opportunity is for you to make a lot of profits. However, the most important thing when participating in the Defi project is absolutely not to hold for too long and you should sell when you have a high profit. |
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Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion
Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable. Yeah i did think the same as you too but again we all cannot predict what will happen as now i see the market look like not stable again. But im hope the situation are back to be better again in the cryptos market. Hope bitcoin will not dropping back to under $10k again as it will make investors panic and could make a panic sell soon. Definitely not going to happen again as I predict Bitcoin price will soon return to the $11,000 mark in the next few days and the whole market will bounce back. For the past few days it has been really bad because the market has been continuously having many big corrections which made me feel very nervous. Now the situation is getting better and we should put more hope into this market. |
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I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
I agree with you. If I compare the two, I see Bitcoin has more advantages and will definitely have a higher total capitalization than gold one day. However, in order to gain more public awareness, the entire crypto market needs to be legalized as this is something that will make investors feel more secure. This year I only invested in Bitcoin because the profit from this coin gives me very high. |
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No one know about future, the main big changes to us was when internet was born that really change to our life and when bitcoin was born i dont believe it to who trust our money change into some new currency with expensive price to me
But the bitcoin moon into 10000$ and shock all the people and make all the people regret
And bitcoin make big changes to currency system to all country and we have to adaptive with that new system
Bitcoin will definitely play a huge role in the near future as the coin is now out of control and no one knows what will happen to the markets in the future. I believe that one day the entire crypto market will soon be legalized by governments in many major countries for the many benefits this market brings to life. However, the reason this market is not yet recognized is that any payments are anonymous and this makes it very easy for criminals to transact. |
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It was really the right time to buy because the price of DIA has dropped a lot. the right way to take advantage of this opportunity in the competition is for an investor and if he is willing to participate in this competition. Anyway I will encourage and try to participate in this competition before 9spt.
it's true that the current conditions are very appropriate to buy altcoins if you have a fund because the value of altcoins has decreased very drastically impact of bitcoin which has decreased very sharply. Really golden opportunity for competition because the price of DIA has suddenly dropped. Also I have tried to win in the future. However, there are many traders who will try to seize this opportunity and I think the price of DIA will come back and increase a lot. Anyway for a beginners trader it would be better if the token purchase limit of this competition was less. The value of DIA has dropped a lot over the past few days but that is certainly good as new investors have more opportunities to accumulate more. I am just an ordinary trader but I can predict this coin is very potential and will soon surpass ATH one day. One more thing, DIA has many great strategic partners and this will keep the project strong even if the market collapses unexpectedly. |
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Despite the hype created around DeFi, after it subsides, really useful services will remain on the market, and scam will disappear along with their organizers. It is a pity that scam will disappear from the market along with the money of investors who believe in DeFi.
DeFi for many investors is a very good choice for you to consider during this time. There will probably be a lot of scam projects but if you come early then the opportunity is still there for you. I have never been disappointed with the current DeFi projects because this investment trend is so well received and will definitely help all investors make even greater returns. |
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Well, some good Defi projects are still planning to launch, I think tomorrow at Bitmax will be an auction of the Stafi project, RioDefi should be released soon, I'll see how they show themselves and make conclusions for myself.
Certainly these projects will be very difficult to buy because as far as I know Bitmax has a lot of investors participating in IEO. I will participate tomorrow but the winning rate is very low because of competing with hundreds of thousands of other investors. Anyway, I will buy because the trend of investing in DeFi projects is becoming more and more popular and the opportunity still exists for you. |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
Cryptocurrency will not fully dominate the world currencies where most of the countries think it is their anti financial policy. Crypto currency developed and spread in maximum corner of the world and will spread more but it will not be the main stream coin of the world. If Govt of the maximum or all countries think and take action to legalize Bitcoin, then it can be used as the 2nd money of the world where local currency will work with it. Governments in any country are concerned with the growth of the crypto market as it is a market where no one can interfere and all financial risks are not statistically accurate. Also, a lot of people use crypto coins for transactions and this could cause the bank to crash one day. However, it is too early for this to happen as crypto is not yet recognized in major countries. |
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Investing in Defi projects is risky, but the return it brings will be huge if you invest the right time. The prices of the Defi projects grew very quickly, but it also collapsed very quickly. In just 1-2 days the price can fall many times, like the DIA project or a few other projects like YAM, DOT ...
I can say that the DeFi projects now are very bubble-like and can collapse at any time if the market is unstable. I think before investing, you should set a selling price and not hold for too long because it can cause you to lose a lot. Anyway, now there are still a lot of good coin for investors and you should be careful before deciding. |
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I bought again for 2$ so my avg now is approx 3$
I hope so we can see it way higher at the end of the year
As long as there will be a lot of good result on the development progress and it can bump to the $3 again. Im seeing that right now if DIA has already touched its bottom and a bump signal is appearing in the chart. I may predict if you have been entering on such rate and you can earn at least 25% return as soon as possible from your investment. Im also entering the market right now and just try to wait until a small bump to happen. I think the current price of DIA is too cheap and this is time to accumulate more if you still invest. Of course, make your own decisions about the investment since almost all current coins follow Bitcoin's price. For me the price of 2$ is very cheap now and you can wait for this coin to go back to 4$ because the possibility of going back to this price is very high. |
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