When burning is not always accompanied by an increase in demand and things like this I think have often happened, and what you say is also true it won't have a big effect on the price, but at least when we burn we have hope for the price
A better hope after being burned also still depends on two things, first on market conditions and the second is on the performance of the team who must really be able to show accurate evidence about the burning so that everyone's interest can be focused on the token or coin that is being burned.
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You have to be a careful investing with new coins, because not all of them have the ability to grow and survive, coins listed on CMC are not a guarantee to be able to provide profits, if you want to invest with new coins, I think Shiba is worth recommending.
Why is Shiba worthy of being recommended at this point ? Is it because you've seen a big pump that it's a recommendation for everyone ? because what I see Shiba is a coin meme that is nothing more like an ordinary coin whose value will also very easily decline when market conditions go bad.
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You can get advantage from crypto currency market when you know about the crypto wallets security. And when you lean about the marketing and also about the signle and season of crypto. Its can make you financialy strong. It is very easy to buy and purchase. You can easily send crypto abroad.
Buying is easy, but after buying it also needs a way to monitor it and maintain it properly, because playing with money that can be converted into any form in cryptocurrency is a job that is always close to risk and that must be understood by everyone.
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Lol. This becomes a very surprising thing about what is so clearly happening until now. many things to pay attention to to rate SHIB. become a very real thing about the supply that is in the SHIB.
The crazy supply to Shiba has always been a special consideration by everyone so that whatever is said must always be based on true facts, because the pump that has happened to Shiba can't be taken as a specific benchmark for him at this time.
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My little advice for trading in the future maybe you can choose ethereum as a solution considering that in the future the price of ethereum will increase rapidly. But it doesn't hurt you to buy a few other altcoins to support your profits in the future.
What facts do you know about Ethereum at this point because what you can see now is that the price is already at a very good price, so if there are interesting facts about Ethereum in the future, then I will also try to stock it again.
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Elon Musk never told that he owns SHIB and only SHIB-pumpers tried to convince users that he is interested in this project. among all meme coins Musk prefers DOGE and only DOGE.
He's a very smart person when it comes to choosing and also very smart when it comes to business, so it's clear he's opting for a good and durable product over a new product whose durability he still doubts, so Musk has made the right move. even though it's only limited to choosing meme coins
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But I think it would be better for beginners not to try investing with meme coins because maybe beginners don't know which meme coins are good and which meme coins are fake. I think it's better for beginners to buy Bitcoin in small amounts as a basis for learning, although luckily it's still a little.
Your advice can be considered, but if he is a newbie in trading where the capital is not large, then choosing a good Altcoin is also one of the right solutions in my opinion, you don't have to go straight to Bitcoin but try Ethereum or BNB first before choosing Bitcoin for the right one. the first time.
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If that's the case I agree, there's no need to keep burning coins, if interest in coins actually increases for some people who like to invest, but the drawback is that if the coins are not burned, the increase will be hampered, but I don't know what factors influence it, especially if the demand for coins is increasing, then what is the function of the burning?
Generally, the burning of coins is only to reduce the supply, regardless of whether the price will go up or down because it has nothing to do with anything although the effect can be very clear, namely to a better price when the coin continues to be hunted by everyone in the market.
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I think doing research is the most important part for everyone who wants to invest in a new project, however, by doing research on a new crypto that you want to invest in then we will know the shortcomings and weaknesses of the project.
It's a clear thing to do and even mandatory because every newly promoted project always needs more people to develop very well and everyone will certainly do research on it, but if the choice is old coins, I don't think it's necessary more research on it.
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What do you think are the future prospects for the sector? what will happen next, what technologies should appear, which are lacking now?
The sector that is still lacking in every project this year is the interest of investors in it, even if there are those who are interested only in a very small size and not necessarily able to survive in the long term, so that is the reason why many projects can sometimes experience problems death again after they are successful, because new innovations are always needed in the course of the project.
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Bram Cohen was quoted explaining his Chia project to investors in November 2017:" The idea is to make a better bitcoin, to fix the centralization problems". https://techcrunch.com/2017/11/08/chia-network-cryptocurrency/But in reality he did 95% PrefarmSourceFrom that statement, he owns of 95% of coins and for community left only 5%. It seems, it is just another corporate cryptocurrency under the hood of folk coin and words are at odds with deeds. Am I painting the devil blacker than he is ?! No need to paint a darker devil and just get rid of that worry in your heart, because whatever new cryptocurrencies will be built for the future by very smart people, they will also not be able to compete with old coins like Bitcoin and Ethereum, because both old and new investors are still very interested in Bitcoin and Ethereum even though they sometimes try to glance at the others.
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in my opinion nfr - for a long time. Why so? It is enough to look at cryptopunks and news from their community. When owners refuse to sell their NFT for 2500 Eth.
It won't change anything because as long as no new investors see it and are interested in it, then a very big change in the long term will never happen to the coin, because that is a very common thing to happen to other coins.
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It is true, very expensive transfers, now only projects with high liquidity are made on the air, because cheap projects are not even able to transfer money, taking into account such a high commission for the transfer of tokens.
Cheap projects or projects that don't have enough funds will always use and see Blockchain networks that are very cheap in terms of transfer fees, besides the developers will also not be able to use expensive networks for projects whose capital is only mediocre.
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
Actually it depends on the setting of each target made by everyone who holds any coin, because there are also people who only hold coins for a short duration of time can immediately get a lot of money when market conditions turn into a bullrun in a very large percentage, so in terms of storing any coins or tokens it also doesn't have to be in the long term if the target profit setting can be very clear.
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you have to differentiate between dollars and usdt, and you have to know that american banks don't recognize that usdt is a dollar, this problem has existed since the birth of Usdt, but usdt is a stable coin that was created.
USDT is a stable coin made by Hong Kong people with very good intentions and makes its value determination based on the value of the USD fiat currency, even though the coin is not born in America nor does it have to be recognized by the United States.
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If you need my short answer then i believe that it is still not too late to form your crypto portfolio. Before deciding to buy an asset you should find out about the project that you want to buy otherwise you may get losses.
If someone is lazy in researching new projects, then just choose projects that are already popular like ETH, BNB, Solana and Cardano, because even though they are still risky, the security side is still very strong when compared to others.
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It's similar to brave browser, but PreSearch is also interesting to use. My hope is that this project continues to develop in terms of platform and can solve problems that can not be solved by other search engines.
When it comes to browsers, I'm still very loyal to Mozilla and Google Chrome because for me both browsers are still very easy to run and also very easy to use in terms of doing anything, so there's no need to use another browser.
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I guess that Bitfinex will withstand all hardships and will hold its ground, it is a good project which gained trust and is even used for money transfers where the commission is negligible comparing to SWIFT.
I very rarely use Bitfinex even though you say it is easy and more profitable than SWIFT, because as long as I use the Binance exchange, it seems that there is no need for another exchange at this time.
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I strongly agree to the part that said rare shot coins, it would make a lot of sense if they can be tagged rare shitcoins collectibles. It will really help those of us who hustled this shits way back 2017 till date
2017 was very different from this year, where in 2017 many projects experienced success with many ICOs which were currently in a good trend, while at this time there are many other trends that you can see so that ICOs just sink for no reason clear.
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If it's about a new project, I'll give up because I can't find the details and a lot of new projects are tempting us to invest in theirs. I would prefer to invest in altcoins that already have a history so I can check how they are performing over time and check their website for updates from them. If I really wanted to invest in a new project, I might have asked my friends, but I still haven't invested directly because I'm too afraid to be scammed by them.
If you are still very afraid to invest in a new project, then avoid every offer from a new project and always do your own research before deciding on a step in terms of making a decision because new projects just don't have the performance and history in the market, while the old ones you can check it directly through the existing exchange, but informationally through the project website, I think all projects also have that.
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