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No one has been able to compete with ETH until now, even some coins that hang are predicted to be ETH's strongest competitors such as BNB and Polkadot have not been able to match the ATH they have achieved, maybe the current price is down but it is a natural thing in the crypto market.
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There will be many ways there, but it will probably not have a significant effect on the fraud project, the fraudulent project will always be there and eliminating it is simply impossible.
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This should have been obvious if Elon deliberately created a new trend sensation for his own benefit, strangely enough many people strongly believe that Elon is pumping for the doge's advancement, when clearly he wants to manipulate prices as he wants, but if anyone is able to predict exactly when to enter and out, he can benefit from these coins
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Doge may be going up but not as much as some time ago, considering that many people have been disappointed because of the losses caused by Elon playing with doge, but if you have the ability to read the situation when to start and get out of doge, you will definitely get a big advantage , like those who some time ago benefited from the doge pump.
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its complicated to analize the peak of bullish cycle or bottom of bearish cycle. our analisys should be wrong but atleast we could minimize the risk that may occur later. the simplest thing we can do only close position when it give us enough profit, take a rest and wait another opportunity.
Every owner of Altcoin assets must have their own strategies and plans, and indeed if there is an opportunity to take advantage that is deemed sufficient, we should take it but not all of it. Don't have high expectations to always get fantastic profits until it's too late to get profits. |
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The Bitcoin policy of the Nigerian government also changes frequently, and Bitcoin is decentralized. Even if a country supports Bitcoin, the government's purpose is only to control Bitcoin to obtain tax returns.
Actually it is also not a big problem for the country while there are still very many Bitcoin users in the country, but the government must also know how many Bitcoin users are in their area so that they can immediately determine the appropriate decisions or rules for it. The accuracy of the number of Bitcoin users is a must considering that it can be used as a benchmark in making decisions, if the goal is to get taxes from bitcoin income or other assets. |
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Musk has earned a name in the cryto industry just like Satoshi and as such his coin might likely do well because certainly many investors would show interest since his tweet has this manipulative energy that constantly fluctuate the prices of cryto commodities. Let's take a close study on Doge and Bitcoin and evaluate his influence based on this
With the money that Elon has, it's not a problem if he wants to make a coin and create hype quickly, but the risk of failure after the pump is greater considering that many people have read Elon's strategy in pumping the value of a coin. |
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to me shitcoin is a coin that has no real use. The coin thrives on speculation and market manipulation. like meme coins, coins like doge, shiba, and others are one of the shitcoins. The coin thrives on the influence of influencers and repeated market speculation. shitcoin is so bad and littering the crypto market, it will just be a dump when the time comes.
indeed the term shitcoin is usually pinned to a meme coin, but for doge an exception, the achievement of doge some time ago provided several benefits for the holder, beyond the effect of Elon deliberately making a pump. |
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Ethereum has a good chance to replace Bitcoin. Not a financial advice.
Of the many altcoins, indeed ETH is the most suitable candidate because of its position as the second largest coin in the crypto market, but he still has to catch up with the price difference that is quite far from bitcoin. |
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it can happen, but it comes back to everyone's perception whether they want to use it or not, because everyone has their own thoughts and if people prefer to use blockchain it will shift the work of notaries, because blockchain has replaced their duties.
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Time to stop fall in his market manipulation and unfollow him
Yes, from what has happened, there have been many who have been disappointed to have followed what Elon said, there may be some people who have benefited from following him, but we cannot close the fact that Elon's manipulation resulted in a lot of losses. |
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Bitcoin and ethereum are the strongest influence on cryptocurrencies, all eyes will certainly make bitcoin and ethereum the benchmark for crypto prices, both are good coins, but in my opinion ethereum is a coin that promises more profit than bitcoin.
on the other hand the price of ethereum is more affordable than bitcoin, we just waiting for the bitcoin trend to start dimming and we will see ethereum go back up |
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bnb will be king with only one condition where people are no longer interested in bitcoin or ethereum, other than that the possibility is very small.
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And China continues its war on crypto currencies. In my opinion this is all politically motivated to force people into buying the digital yuan. China wants to control the crypto market like they control their own currencies. It is up to us all to fight back. I would never buy a coin that is controlled by China. We as the investors should make a big circle around anything from China.
Yes, this is a way that can get rid of crypto and force to buy currencies managed by China, they openly declare resistance to crypto other than the Chinese Yuan, if we follow what China wants it will only enrich China and make our assets sink. |
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However, in everything there are positive and negative sides, including cryptocurrencies.
it also depends on how we view things so if we only focus on the negatives, of course it's very unfortunate,
What is clear is that I don't understand what makes them think negatively about cryptocurrencies
What makes them think negatively about cryptocurrencies is only one thing, namely their own selfishness which makes them reluctant to learn about cryptocurrencies as if this cryptocurrency is always wallowing in fraud, even though they themselves have never tried it. It is indeed difficult to give advice to those who have already made negative assumptions about cryptocurrencies, especially for those who often get losses rather than gains from crypto, even though if they want to be more patient and learn from the losses they experience, it can be used as a warning not to do so. the same mistake |
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It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future
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Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion
Yes, nowadays many think that Elon is the only strength of the doge, and is too dependent on him, it is necessary to know that together with the existence of Elon, doge is able to develop very impressively after Elon openly tweets about doge, even though doge has their own community trying to develop it. |
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I've always supported the development of cryptocurrencies , but just a little bit displeased with Elon Musk at the moment, I think everyone also feels what I feel because Elon Musk has manipulated the market, it's already made his reputation bad. I only support Dogecoin in its development, but don't follow Elon Musk Hype.
Indeed, what Elon did about his tweet that caused turmoil in the crypto market was very annoying, the way he profited from crypto was very unhealthy, but it must be admitted that from a development point of view, doge needs to be appreciated. |
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Well, it will be so sad and such a bad timing if you have already bought ETH at that time. The price of ethereum has a big correction now compare to 7th May. this time will be a perfect time for you if you want invest and buy ETH, because the price is still low and you can gain more profit later.
yes, especially on the 12th of last May, ETH has reached $4k and is now only at $2k, almost half of the high it reached, I agree that this is a good time to buy ETH if you have enough money to invest in it, or waiting for the value to drop even more but no one knows when that will happen. |
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