Looks like the year 2021 for BTC was a roller coaster ride whereas with there were major ups, there were so many downs too. But the year 2021 didn't end on a positive note for BTC as it didn't manage to get over $50k area. I believe we may see more downside in the near term as there is enough fear (I know markets go up when fear is high, still my inner sense says that it'll drop).
it's true bitcoin failed to reach $50k at the end of the year but I don't think this will affect bitcoin's record in 2021 because at the end of the year bitcoin price is not far from $50k. I think 2021 is a really great year for bitcoin because in 2021 the price of bitcoin rose very significantly and recovered very quickly, and this caused bitcoin to hit its highest price twice in one year. |
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no one knows at the beginning of 2022 bitcoin will enter a bearish or bullish phase because market conditions still tend to be stable, some say in early 2022 bitcoin prices will enter a bearish phase and some say bitcoin will continue a bullish trend. for now do not fully believe in the speculations made by others because market conditions are unpredictable. if you believe bitcoin will continue the bullish trend just hold on the bitcoin you have, but if you believe bitcoin will soon enter a bearish phase you can sell the bitcoin you have and buy again when market conditions have started to recover.
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Shiba is reliable for long term but that doesn't make shiba a better bitcoin intact they aren't even close, shiba isn't fully decentralized and bitcoin is, shiba started as a meme coin and now it's going metaverse, the best challenger is doge coin not bitcoin
I don't know whether buying shiba at this time for long term investment is too late or not because the price of shiba has experienced a very significant price increase in the near future. I personally am not too sure about long term investment in shiba because in my opinion all meme coins are not suitable for long term investment and more suitable for short term investment or day trading. |
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i have bought MATIC since few 1 month ago and hold it till now. I chose matic because matic has the lowest transaction fees and I think this will have a very good impact on the price of matic in the future. a few days ago matic reached the highest price of all time which is around $3 and i am still holding on because i am very sure in the future the price of matic will continue to increase. I don't care about many people's speculation about market conditions in 2022 because right now I'm only focused on participating in airdrops and bounties and I'm using the money generated to buy MATIC.
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if you want to make big profits then try to analyze which tokens are likely to make you big profits in the next few years and of course those that remain in trend
The problem is that not many people are able to analyze to find out which tokens are likely to make big profits in the future so there are still many people who are not yet rich for now in the crypto space, because if it could be easy to find out, then everyone would be very easy to understand get rich in the crypto space. In my opinion it is very difficult to choose the right token for long-term investment and will provide large profits in the future, and choosing a hype token has a much greater risk because the price of hype tokens usually goes up or down very quickly. there is no other option to avoid a big risk, you have to choose an altoin with a very large trading volume (20 top altcoins CMC for example). |
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I think in early 2022 there will be a bear market. In my opinion the cause of the bear market in early 2022 is due to the effect of price increases that have occurred since the beginning of 2021 and a very significant price increase in 2021.
the price will not always go up because there are times when the price will go down and in my opinion this price decline will occur in early 2022 and the price decline that occurred at the end of this year is a sign that bitcoin will soon enter a bearish phase.
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It is very difficult to tell the difference between ico scam and not but you can reduce the risk by checking the project team and the partners of the project.
how much profit does the airdrop make? talking about how much money is made from the airdrop depends on the fate and the number of your referrals because most airdrops currently use a random system and referrals. if you are still a beginner you should not participate in ico, just participate in airdrops and bounties.
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Of course a lot coins, I think 2021 will be the best year since I've known cryptocurrencies from 2013, this is because the market is very dynamic and the money inflow is very clear, especially since there are so many millionaires in the world who invest in cryptocurrencies, making cryptocurrencies even more successful.
I know crypto since early 2017 and I think 2017 and 2018 were the best years for me because in those years I made a lot of money from bounties and airdrops. indeed at that time the price of bitcoin was not as high as this year and at that time there were not as many new projects as this year but I admit 2017 and 2018 were the best years for bounty hunters and airdrop hunters. |
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it's true a few days ago the price of XRP rose significantly around $1, but that's not the all-time high that XRP has reached as XRP's highest price was $3 in early 2018. I think the price increase was influenced by the slightly recovering market conditions and the increase in purchases because recently there have been quite a few XRP network airdrops.
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a very good investment because these altcoins are the top altcoin and have a very large trading volume. indeed investing in big altcoins like that will not give you big profits in a short time but investing in big altcoins like that is much safer than investing in hype altcoins. maybe you can also add MATIC to your investment because MATIC is an altcoin with great potential this year.
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Currently BNB is the most potential altcoin to replace ETH as the king of altcoins, but replacing ETH as the king of altcoins will not be easy because currently BNB's market capitalization is far below ETH. currently transaction fees on the BSC network are the lowest and currently many new projects are opting for the BSC network, besides that BNB/BSC is also supported by the largest exchange called Binance. with that reason why I say that BNB is the most potential altcoin to replace ETH as the king of altcoins.
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Trust me, USDT is a stablecoin that reflects the price of the US dollar, because it is one of the most stable coins in the crypto market, you don't have to worry about this one coin and don't be swayed by bad news. . out there, I think investing in usdt is very safe from the highest risks when a bear market comes along. when market conditions are down most people will convert their assets to USDT to avoid bigger losses. but changing assets to USDT cannot be said to be an investment because the USDT value remains stable and will not make the assets we have increase. 4 CMC rating is enough to prove that USDT is the most used stable coin and has the largest community compared to other stable coins. |
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I personally am still very confident in 2022 the price of bitcoin can reach $100k but not at the beginning of the year, maybe in the middle of the year or towards the end of the year. the market needs balance, after a bull run there will definitely be bearish and vice versa. since the beginning of 2021 bitcoin has entered a bullish phase and in the middle of the year entered a bearish phase, not long after that bitcoin re-entered a bullish phase and towards the end of the year bitcoin entered a bearish phase again. I think this bearish phase will last a long time because the bitcoin price is going down very slowly, after this bearish phase ends bitcoin will enter a bullish phase and will reach a higher ATH than in 2021 ($100k).
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One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
ETH is only suitable for those who have tens of thousands of dollars in assets so they don't find it difficult to pay transaction fees that reach around $50 for ERC-20 tokens or around $15 for ETH transactions. For me, BSC is still my favorite because of the low transaction fees. to cut transaction fees do not make transactions during peak hours. the ETH network does have very high transaction fees but if you get an altcoin that is on the ETH network the price is usually quite high and when you sell it you can get more money than the transaction fee. I have proven that new altcoins on the ETH network usually have quite a high price and are great for long term investments. |
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When it comes to investing in the cryptocurrency space, one good way to go is by buying tokens when the value are cheap and holding until the value increases. It's one of the ways that requires little or no effort. Another means is by trading on cryptocurrency exchange, this is a bit riskier but could be more lucrative is done properly.
buy when the price is low and hold it until the price rises, sounds very easy but to do it is not that easy. what often happens is when we think it is the lowest point but there is still a much lower point. when the price is down new investors are easy to panic and find it difficult to control their emotions, and in the end they will choose to cut loss and say crypto investing is not a good investment. So before investing in crypto the first thing we have to prepare is mentally because market conditions cannot be predicted and sometimes what we expect does not match reality. |
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I do not think the hype of meme coin is still there. Most of this meme coin will be dead when a new hype came forward except for some exceptional ones like doge and Shiba Inu. These two projects already made their name in the market and their community has grown exceptionally. I do not know what will be the price of them but I think they will survive the storm in the end.
Doge and Inu are not dead but they'll be dead soon. If we look at the previous weeks and compared it now, we can see that their ranking are going down, that's due to the simple reason that when there's no hype, the coin will not survive, and since we are not anymore seeing a bullish market, their standings will be heavily affected compared to the altcoins that has a good usage. The ranking of the two altcoins has indeed dropped slightly but both altcoins are still in the top 20 rankings in CMC, in other words the two coins still deserve to be called big altcoins. I can't say for sure how the condition of these altcoins will be in the future, what is clear is that the two altcoins have survived so far because of the hype created by influential people like Elon. |
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I don't want to take the risk of choosing a new project as an investment, because it is very difficult to determine a new project that has good potential, we have to research everything from market capitalization, development team, volume, community and most the project is already listed on the stock exchange, even if the criteria are is fulfilled, new projects do not guarantee that they will develop well, I prefer projects that have a high market capitalization, because they have a great opportunity to profits in the future.
so you have never participated in any IDO, ICO or other token sale? I think it's okay if you want to try to participate in a new project because some new projects can give you big profits in a short period of time. lately I've often seen people participating in IDOs on the Solana network and earning huge profits in no time. |
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In my opinion, the coins that can still stay green when the market drops since December are MANA, Sandbox, MATIC and AAVE, of course not every time they are green because of high market pressure sometimes red, but in general it is calculated that since December 4 the coins have increased by more than 4% , and I will hold it for a longer time.
Recently I have been interested in MATIC and I think this altcoin is very suitable for long-term investment. if I observe MATIC price movements are not too affected by market conditions when market conditions are down, but matic prices respond quickly when market conditions have started to recover. today the price of matic rose about 12% and in my opinion the price increase of matic is the largest when compared to other large altcoins. |
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We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
From the beginning I have said, don't be too affected by the hype, this will make us lose many opportunities to get profits, today many projects rely on hype, but are not ready in development, so be careful in choosing and determining the project you want You invest, the hype will move to follow the wishes, but does not guarantee the project will develop. It doesn't matter if you want to invest in hype projects, but you should choose to invest in the short term and you should monitor the price all the time because hype projects usually go up and down very quickly. I often invest in hype projects but in very small amounts because investing in hype projects has a higher risk, but even so hype projects can also provide very fast profits. |
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I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas
Why don't you put it in potentially good crypto and rank in cmc ? such as Btc, ethereum, cardano and Bnb. in my opinion if you have a small capital like that it is very good if you are looking for profit in crypto-crypto as I mentioned this with small capital and for short-term investment choosing large altcoins like the ones you mentioned doesn't seem suitable. with small capital and short-term investments will not give you big profits because the price of large altcoins as you mentioned will not increase drastically in the near future. if you have a small capital I would suggest investing in new altcoins because the price increases on new altcoins are much faster than the big altcoins as you mentioned. Before investing we must do research first so that the new altcoin we choose can provide huge profits in the not too distant future. |
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