I'm just going to speak about Bitcoin here. The fact that it is permissionless, decentralized, and they're only be 21 million coins. The fact that you can carry it over borders with a seed phrase memorized in your head. If held properly it cannot be confiscated. And the fact that all Fiat currencies fail. If enough people agree it's a store of wealth. It is the currency of the future. No person or country can be excluded. A few reasons that I can come up with off the top of my head.
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Hello, Dear
Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?
Thank You,
Before trading you should learn how market pump and dump work. It's generally not good to follow any signal blindly. For short term Low market cap coin are best but at the same time they are also very risky. So Search for Low market cap coins and check which Coin not pumped yet and suitable for you to give you short term profit.
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Many coins have potential to Rock but which coin will make history like Shib and Doge it's very hard to Guess. I generally no like LDO token because of High volatility . LDO price is constantly increasing day by day and very soon we may see 10$ to this year which will 10x + in 2022. Cardano can also rock because of hard fork but did not shown any Bullish sign yet.
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Polygon to 20$ in long term is possible but in short term it's looking very hard because while Market is trying hard to recover but rejected every time. Usecase of Matic is very high especially in gaming and Web3 and I think many whale will accumulate this . My goal of Matic price fir next 2 year is 5$-10$ and in long term 50$
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Now the bear market we are going through and bitcoin has declined so sharply, then to invest is certainly very risky especially in new altcoins and cannot face the situation as it is today, Many of us are currently feeling panic because we have held several coins but until now there has not been the slightest profit even we have suffered losses let alone investors who hold luna coins are certainly very hit by the current situation, I don't think this is the time to invest.
Bitcoin has been declined so much and also 10 August is very important for Crypto and whole world Business. I think it's now best time to invest because ever top altcoin is down so much from their All time high and there is high fear in market and almost half users has already sold their coins because of panic. If today is not best to invest then when to invest?
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Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.
I think Buying Polkadot below 10$ is worth investing. We know that next trend will be Web3 and Polkadot working on it and have a big network. Don't know why it's price is low down very much and not showing good momentum at this time but I strongly believe that it price will Go very high like Solona.i think current price issue is because of High supply.
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I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.
Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.
I think this is very hard task to reach this level. Every body know that it is just a memecoin with no Usecase . Fir reaching 0.005$ all Biggest whale of BTC and Etherium should flow money into Shiba which is almost impossible. Still Shiba lover can hope bacause in Cryptocurrency everything is possible. For me I will far away from meme Coins.
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username: itscrafty BTC Address (SegWit): bc1qcpeunztcf6s33d922fdq8uvse8vpckmljgepm4
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NFt trend is not over. Many big companies are entering in NFT. Mastercard issue their service for NFTs buy and now master card holder will buy NFT directly using card. This is very big News for NFT and in future we may see another best payment method like PayPal etc.
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Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?
My answer is no because market is very bad and alt coins are bleeding. Some alts already 10x down from ATH. Inflation is getting high day by day and to control this many meetings has been done which have very bad impact on stock market and crypto which cause altcoin to down more
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Now I am confused, Optimism token that looks like a good one to hold for long term has been hacked and this caused a 20 million dollars tokens stolen, the more I plan to grab some.new projects the scary it keeps getting, I mean what's all these for a new project like Optimism .
Project is very good and providing layer 2 technology but this hacked was very strange. Good news is that Hackers return 17 million token and price is now recovering. Hacking is worst part in crypto and many big projects lose their value after being hacked
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Check PolkaCity and TCG2.0 which is very undervalued metaverse projects at this time. If they launched on other big exchange we may see big pump in these two And also look for
API3 HBAR KDA SAITO
(among others listed already)
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I think you should add Casper token also One you should look at is Casper (cspr) it's a newer layer one. They will be in Austin at concensus, it's basically the casper pos protocol from etherum that was developed but not used. Since it's pos staking is super easy apr ranges from 10-11% atm.
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FIO will be the industry standard for using all cryptocurrencies. Also, not a coin or token, but raze.finance we're actually launching today in Austin. Using NFTs for capital raising. I think FIO will rise soon with Market
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As long as there is no enough money/volume coming in, it is difficult to know that when will market rise. Alts are rallying in the past days while bitcoin is struggling. Stable coins are hammered and bleed. I hope the market recover soon. Nobody know when, we just need to have patience and do more research for new project.
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Which cryptocurrency is the best to invest in right now and will explode following the bear market?
Many projects are looking very bullish and can explore high with the Bullish sign of market. Cardano is on top because of recently good news and spikes in bear market also. Waves token are also extremely bullish . If BTC remain stable the. We may see very good positive moves in these altcoins
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