despite its ups and downs my favorite altcoin remains ethereum, but lately it is losing ground due to the high fees, valid alternatives are the blockchains of neo, eos, tron, bsc
currently, the one that is becoming popular is the BSC. if the BSC goes down I believe TRX is an asset that has a strong potential in the market. the price is still cheap, and there is a very high potential increase when market adoption increases. I'm sure Tron will take his glory back.
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I saw this phenomenon in early 2019. Many managers with new names and membership rankings are still very doubtful about holding a campaign. but I believe they are not new. they were old people who came with new faces to get rid of the bad name of a project they had worked on before.
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from the points you mentioned, I did everything, but the most frequent market trends, the reason is because taking advantage of these conditions often gives us more profit. although sometimes we have to be very observant in choosing and sorting out which cryptos are trending, not just Fomo.
I find it difficult if I have to follow the pumps that occur in market trends. Such situations always trap me in panic seeing prices rising rapidly as well as prices falling rapidly. I always choose assets in a bear market. The asset that I chose is certainly the asset that is now in the top market and is protected from scam news. the problem of holding on for a long time I must have thought about it. I enjoy the investment I make. and two altcoin seasons, I enjoy with the advantage.
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None. I don't get why people want the next "Ethereum killer"? Is it because you got in too late into ETH? Guys, ETH was at 80 bucks only a few months ago!
I thought it was just an assumption. Ethereum's strength to date is still the best. other altcoins I don't think anyone has reached yet. I'm not sure anyone will ever be able to replace ETH's current position. Even for BNB which is currently popular, I believe it will still take a long time for BNB to be equal to ETH.
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Well yes I agree with you binance will be next ethereum and it could be completely replace as a king of the altcoins if they can not solve this problem about the ethereum high gas fee. The binance smart chain is getting popular so no doubt that it could be the next ethereum in the future..
seems like there have been adjustments at this time. Gas problems seem to have been taken care of by the developer even though it has not become as cheap as it used to be. I think this is still happening because of the effect of the still high ETH price. but is like you said, I also agree that if this problem is never resolved it could be that Binance with its smart chain could shift its popularity from ethereum.
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Same opinion with me. But before BSC hype come, the DeFi things is already like ICO part 2, when you buy this coin you get this airdrop coin. Its creating loophole hype which makes many people who even didnt know about DeFi want to invest on it.
you are right the trend from DeFi was popular first. recently the market got to know BSC and many have benefited from projects joining the binance smart chain. it makes the adoption of the project with the BSC will be even greater. and everyone should know and do not close their eyes that not all of this project will be truly successful and profitable. most of them will eventually grow and some will end up scam.
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~ No chance we can again buy Bitcoin at 10k, quite obviously. The only thing that scares me which can dump the whole market is when the MicroStrategy CEO decides to dump the huge amount of Bitcoins he holds right now. I hope these big investors never dump the market after showing so much passion and interest in Bitcoins.
I think people with large asset holdings now want to be popular in the market by making a notice to the community. some want to let go which means that is bad news for the market. Some want to join in buying crypto in the market which means that is great news. crypto is trending in the investment market right now. everyone wants to make themselves the focus of the conversation which can also have an impact on the popularity of their real project. I am sure many of them are taking advantage of the current market momentum.
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Buying Doge is very easy. You have to open an account in any listed exchanges by depositing Bitcoin, Ethereum, USDT or any other crypto. Or, you can buy Doge from your local community by paying cash payment. it is safer to transact on the exchange than you have to make transactions between members in the community. now talking about is Dogecoin. and many have been listed on the stock exchange. I think what you said is enough to provide an answer to the OP. hopefully, the OP can determine the right exchange choice for its investment.
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I sold all the Dogecoin in my cart. I don't want any money to come from here anymore. Doge made me lose a lot of money. For me, don't expect too much from dog anymore.
don't you also get many advantages if you are a longtime member who holds and plays on Dogecoin? I am sure from what you are saying, you are a person who really knows how Dogecoin is moving in the market. actually, you are a fan of Dogecoin. but you forget how much you spent and how much you got from Dogecoin. But you are doing the right thing when what is called a meme coin has to be sold immediately when there is a moment of profit. If I were you, of course, I would sell it and not follow market trends.
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-Purpose of buying -Investment / Trading -Analysis
all three in my opinion should be the reason we make purchases and are also based on analysis. because if only based on seeing the price we will not be able to benefit. Many people may be stuck with the price of bitcoin or altcoin because they can't analyze and their goals are not clear for long-term trading or investment
Most of the new investors in the crypto market only look at prices and charts. the weakest one is the analysis of the product of the project and its development. if you want to buy a lot of better assets that we must examine first.
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If you think that's the best course of action you can take then good for you. I still planning to get involved into the current market since we don't really know whether the bearish gonna come or instead another bullrun considering how many things have changed ever since 2018. I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.
why don't you wait for the best price to be able to buy the current top asset and go out of the market? the market is showing a downward movement but it is still slow. buying now will definitely be detrimental even though the asset you choose is an asset that is less profitable at this time. just wait for the pump to finish and fill your bag with quality assets in the market.
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I think yes, its good time to invest. However i see the market is in the mood of corrections. Since we dont know the bottom of it, i recommend to invest 50% now and wait for future developments.
True, but those who are still in doubt and panic about the current market conditions, it is better not to invest yet, keep monitoring market developments and if it is possible to invest, do so immediately. it is better indeed to do what you say for those who wish to invest in the crypto market. especially those who lack the ability to analyze the market. but for daily trading, I think it can still be done by some members who have the ability with good asset analysis.
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I think it's better to invest and hold. Because trading is time-consuming and not everyone has enough nerves. In addition, most novice traders lose almost everything, and if you correctly approach the investment, this will not happen
Beginner traders usually panic easily when market correction conditions occur, they tend to be troubled by a decline in the market, in contrast to professional traders who are always relaxed in every condition, even though they also have difficulties in their hearts, but it is not visible, so on this occasion I will give you the answer, between trading and investing, then choose what you really master. in fact, professional traders also have the same feeling when they see the market going down. investing or trading is the same. but usually, everyone has the superior ability in one of these options. some are better at trading but not so good at investing. and vice versa, some are always profitable on their investment but always have difficulty in making trades.
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To me the gradually growing Altcoin is NEO,its called Chinese Ethereum because its also based on updated and modified ETH smart contract technology.I also studied about its development team,very competent and experienced in block chain technology.I think if Ban news in China stop,then this Chinese product NEO can bring revolution in coming years,it may overtake ETH in upcoming few years.This is my extensive research about NEO.Share your ideas.
Yes i agree with you NEO is very good coin.But sorry to say i have no invest hear.i was think price will dump but.i can't capture the opportunity.if i get chance next time i will try to buy some NEO coin. just wait for the upcoming moment when the market is in a long correction, you can choose a better price. You need to know, this correction will happen gradually. as if there weren't any major drops in the market. prepare your money for the asset of your choice.
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Good day guys, I'm New here please I want to know whether my ethereum account created from meta mask is the same as ERC-20 wallet OR is just an ethereum wallet ( ETH wallet). more so what is the TRX wallet and TRC 20 compatibility. I googled but I didn't get the explanation well. I guess you guys can help me out with some simple explanation.
I'm using Metamask too when I visited Decentralized Exchanges or DEX, But I'm not using it as my personal wallet I preferred using Imtoken 2.0 a multi-coin wallet which I can control my private key and also has a built-in exchange, By the way, most Ethereum wallets are supporting the ERC20 tokens, While TRX wallet is for TRON Blockchain coin/tokens and TRC20 is compatible to all TRX or Tron wallet. some cases related to USDT on the ERC and TRC networks are often seen the same. I seem to have read a thread related to an OP who experienced an error in transcribing USDT from one exchange to another exchange but different from the blockchain network.
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invest in the project if they do their IEO on a big exchange. but if it is on the exchange that you say you better forget it. please know the project is a long time ago as said by some members before. It makes no sense when they prepare too long for a sale on an exchange that I think will be fraught with manipulation.
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I am sure that many people who hold assets also think that the market is starting to experience a correction. and the bull is over. it's their time to keep their money safe. a feeling of panic I am sure there are many people when they see the market correcting. You need to know, big companies are now starting to play in BTC and other cryptos. they own most of the assets and it is very likely they are starting a market game.
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wtf? isn't USDT is a stablecoin meaning doesn't matter how cryptocurrency market moves its value gonna stay the same? even if there's high and low on their chart the it will eventually go back again to $1 value in no time.
usually, the increase occurs in the exchange rate with the currency in the country. the value will always equal 1; 1 to USD. unfortunately, has he heard or read about the bad USDT issue on the Ethereum chain?
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Polkadot still has a long way to go before it matches ethereum. In fact, ADA and BNB are also talked about matching ethereum. but I think ethereum will still be the best altcoin compared to other assets for me. DOT is now popular but we won't know if the DOT market will last long or just take advantage of the bull market.
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