Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Those coins that you listed, they will just continue to exist, experiencing another loss of value. Projects that were created on cryptocurrency hype in an attempt to make money will die. The market has to self-clean itself, otherwise it will quickly become clogged with various scams and projects that are just empty. Projects with business models -earn (play, move, learn), meta universes, mem tokens, fan tokens, NFT, etc. The vast majority of this garbage will disappear forever, because most of these projects are not original and they have no original value, just an attempt to make money in the bullrun.
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Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.
I want to know if holding or trading will be more preferred. All suggestions are welcomed.
In reality, however, it will be different. You will trade to increase the number of coins, but trading on the contrary, will decrease their number. Trading in a bear market, and even in altcoins.... what could be more risky in this world? I hope you don't decide to trade with leverage. The bear market is not the best place to trade, it's only good for accumulation and investing so you can make money on low-priced purchases in the next bull market.
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The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Whatever fundamental support the project has, it will steadily follow bitcoin. This is how the crypto market works, when bitcoin goes up, altcoins go up, bitcoin goes down, altcoins go down even more. Whether now or in the future, this is how the whole crypto industry will work, altcoins will follow bitcoin. Even bitcoin is closely correlated with traditional finance and follows the global economy.
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It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before. Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks. Gas prices will go up as soon as the ETH network has a reason to spam transactions, as was the case in DeFi summer 2020 and the NFT hype of 2021, but for now the demand for blockchain space will remain extremely low, then the fees will also go down to low values accordingly. It would be utopian if the gas fees were always like that regardless of the market trend, but this problem is unlikely to disappear in the current form of the ETH network and as soon as the altcoin spring or a new hype starts, the commissions will skyrocket again.
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Please don't take ICO route for two reasons. First, ICO is dead. People don't prefer to buy coins from ICO anymore so the chance is very high that your coins will remains unsold. Secondly, the use case is not something to interest a common people. If you are building an aircraft, your target customers will be the wealthiest 5% of the world, not a common people. Also in this field, the competition is huge where we already have big companies like Airbus, Boeing, Dassault etc. which years and years of experience. So it's very unlikely for your startup to remain in business due to such steep competition. So the chance of failure is quite high. Personally I wouldn't invest on your idea.
If you have planned to set up an ecommerce store, that would have been a different story. I think you better go to angel investors or VCs. ICO wouldn't help you at all.
Since when did the ICO become dead? In 2021 this industry had a big surge and many big projects like moonbeam, solana, etc, they all had initial coin offerings through launchpads. No matter what this form of investor engagement was called (ido, sho, ieo, etc), they were ico sales that offered to buy coins before they went on the major trading floors. ICO is not dead, it has been reborn into other formats, with KYC and regulation. But as for the project itself, of course the idea is ambitious, but too hard to implement, the aircraft construction industry is a very heavy and expensive industry, so here we need to enlist the support of large funds and investors, but due to competition and lack of experience in this area they are unlikely to be interested in this project.
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What is your opinion about this article? What do you want? Babydoge coin will List on Binance or not...?
This article has nothing to do with a possible listing. Binance sometimes publishes various guides about shitcoins on their blog, but that does not mean that the publication is a prerequisite for a listing. For example, they once published an article about zugacoin and since then this shitcoin has continued to be traded on https://www.binance.com/en/how-to-buy/zugacoin alone, though only paired with wrapped bnb. So their publications only say that they cover projects related to Binance ecosystem in their blog, but it doesn't say that they are going to list all these tokens on their exchange.
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I want these altcoins by all means, not in a bad way though, I believe they can add more value in my life by 2025, just five altcoins, though i planned for ten projects but I believe these five are the best.
And what are these predictions based on? Just random numbers? Although I can agree that MOONBEAM can reach $100 in the next 3-4 years if the ecosystem continues to develop, I'm just as impressed with Mina Protocol. But about Solana I have big doubts, too much PR around this project and too many problems started to arise.
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Although some altcoins are becoming available to pay for goods and services, the use of these coins as a means of payment, much less everyday payment, is being minimized. This is true even for bitcoin, which as a means of payment is more widespread than other cryptocurrencies. The reason for this is that people do not see cryptocurrencies as a means of payment or try to give cryptocurrencies utilitarian properties. All use of bitcoin and altcoin comes down to speculation and pump&dump schemes.
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Decentralization in cryptocurrency, in my opinion, has too conventional a meaning. More than once we have witnessed how one wallet can provide 90% of votes, or a developer can organize a rug pull and withdraw all the liquidity from the project, or some regulator starts blocking users or addresses. Altcoins they themselves are centralized, because behind the project there is a team of developers who can use various techniques, from pre-mining to changes in the code or backdoors or obey regulators.
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Hi guys I'm trying to hard to know more about crypto trading but my friends are saying that trading stocks like NAS and GBP are better than crypto, Between Forex trading and crypto trading which one do you prefer the most and why?
The crypto market is more volatile than the stock market, but the crypto market does not have such large entry limits or there are no intermediaries, represented by a broker, between you and the market. There are many times more chances to increase your small deposit on the crypto market than on the stock market, but the risks are higher here because of the lack of regulation. If you are a beginner and you have a small deposit, it is better to try your forces on the crypto market.
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The easiest way to attract attention to the project is to write that this hidden gem and wait for the reaction of the crowd, which should run up and buy what they were brought on a silver platter in the hope of x1000. But the real hidden gems are not publicized that way, and only a few people know about their existence, like with Shiba inu. And again the problem of buying tokens on the newly created site for cryptocurrency, which has value, unlike XVMC.
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Another useless, worthless meme coin that tries to PR on Ilon Musk? I think there were already some related to Elon and if anyone knows, have they gone under or are they still holding on? I looked at the tokenomics of the project, it says about 20% of proposals, but where is the other 80%? Something tells me that the developers themselves, who have prepared them for sale to hamsters at inflated prices.
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What platforms or websites do you use to track projects before your ICO? And what criteria do you use to invest in them?
I have previously listed my platforms: I always look at the funds and investors that are involved in the project, as well as the tokenomics, the initial price of the project also matters. Personally, according to my observations, projects with a very high initial price per token very often fail to meet expectations.
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You're entitled to your own opinion. Epic has done a 50x, over last 2 years
And why do you think that this is an argument for its prospects and investment attractiveness? Yes, the project brought its early investors a profit, I will not argue, but that absolutely does not mean that if it was profitable in the past, it will bring the same profit in the future. Do you want to dispute that statement? If so, you can try to buy projects like LUNA, for example. This project brought its investors more than x70 profit last year, but is that a reason to buy it now? I think the answer is obvious. I always look at a project in terms of present numbers, not past or future numbers. What do we have at the moment? The project has low liquidity, the project for 2 years and was not able to reach the major trading floors. These are the main criteria by which I can say that investing in this project is very risky. @Xal0lex Have been and experienced trader for a long time now and he knows what he is saying over the market. Despite Epic seen 50x does not really mean a good trader would venture into it since they have only $50k trading volume a day, it is not enough to trade with. Now let me break it a bit, $50k is the subtotal of buying and selling that occurs per day, and would likely be the teams or Bots manipulating the market.
I'm sorry, but I'm not a trader. In the sense that I don't trade altcoins I am convinced that altcoins reveal their potential when investing, not when trading. In trading, people often sell their coins cheaply, which over time become more valuable, and there is a great risk of losing everything altogether.
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I am not sure it is a bottom, especially for altcoins. As you know, altcoins do not have a bottom and if bitcoin does not recover properly, the altcoin market will continue its triumphant plunge. For Polkadot there is still room to fall, if you look at the charts, the strong support there was formed back in 2020, at ~$4.5 level, so if you wait a bit, you can wait for these values, but not the fact that it will happen in the next couple of months.
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I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
Investing in Ethereum in the long run has profit potential because ETH has now become attractive for long-term storage, but I'm not sure it will grow rapidly anytime soon. Like the whole market, it will take some time for ETH to recover its former price values and it is far from certain that it will do so in the next six months. Yes, ETH will grow, but not as fast as we would like it to, but following the whole market.
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Не нужно размещать описание монет, тем более копируя чужой текст без источника. Вы можете быть забанены за плагиат.
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Отличное время вы выбрали для анонса своего обменника. Решил посмотреть на ваш обменник, захожу, а мне сразу н-на: "наш обменник на техобслуживании" 😀
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I am probably going to get nailed for this but its the truth, BTC transaction sucks🤦♀️ its slow as a snail, I am trying go send some bitcoin to exchange using my trust wallet and it's just there over 5 minutes, imagine been in haste in a store nearby trying to pay with BTC using your wallet and this happens, you are forced to wait around till the transaction go through, not a good feeling at all.
As if it was once a big secret Bitcoin has always been a very slow blockchain, and very expensive, at the peak of the hype transactions cost 300-500 satoshi per byte. This is especially striking when you compare transaction processing speed with altcoins. There is nothing we can do about it, it's all about block size, it's limited to 1 megabyte and blocks are created once in 10 minutes, although there were cases when block could not appear for an hour. Since the cryptocurrency is very popular, and one block can hold about 3,000 transactions, everything is very slow, and the introduction of LN is not as fast as we would like it to be.
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Guys, What do you think on next bull season? When will it be? Please share your thoughts on this 🙂
The next bullrun probably won't come until 2024 at the earliest. Look at the last bull run, it was in 2017, the next one was in 2021. Perhaps there is a pattern to this. Also, the U.S. Fed intends to keep inflation in check until 2023 (roughly), which is also a disincentive to large-scale growth because there is no proper liquidity provision. It is possible that a completely new scenario with unique timeframes awaits us, but I still prefer to prepare for the worst, so there will be less disappointment from unfulfilled hopes and more preparation for long-term drawdowns.
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