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Alternate cryptocurrencies / Altcoin Discussion / Re: Could XRP win in SEC case be a start for next bull run?
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on: July 22, 2023, 05:05:44 PM
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After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.
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363
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Alternate cryptocurrencies / Altcoin Discussion / Re: Your watch list
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on: July 21, 2023, 01:48:40 PM
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Over the past six months, I've been focusing on my top priorities, namely XRP, Matic, ADA, and BNB. However, I also consider Aptos and Dot to be promising choices. Additionally, I closely monitor TRX, SUI, and Arbitrum, as they are also impressive projects. I have faith in the potential of XRP, Matic, ADA, and BNB, and have been steadily accumulating them in small amounts, thanks to their strong and supportive communities.
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364
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can NFTs last forever?
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on: July 21, 2023, 01:26:13 PM
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I haven't invested a single penny in NFTs so far. I still don't understand its use case. Sometimes, I've seen XYZ Art pieces' NFTs being sold for a high price, but we don't know if they will hold any value in the next 2 years. I don't have a positive opinion about NFTs. If someone owns their NFT, they will have control over it; it's not like anyone else can sell it as their own. However, I can't say much about this matter as I don't possess extensive technical knowledge about NFTs, but it remains uncertain whether their NFTs will retain any value in the long run.
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366
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Alternate cryptocurrencies / Altcoin Discussion / Re: Be watchful it's not yet time
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on: July 20, 2023, 01:25:58 PM
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If we think in this manner, then we will never be able to buy anything at any time. Taking some risk is necessary to earn; if you want to earn without risk, there are many other investments where the risk is low in the long run. Yes, I agree with the fact that you should believe in your analysis and not be influenced by others' opinions. Buy coins after careful consideration because no one knows when the bull run will start, and patience is also crucial. Hasty steps or decisions will result in losses.
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367
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Alternate cryptocurrencies / Altcoin Discussion / Re: Would You Advise People To Stake?
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on: July 20, 2023, 01:01:10 PM
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Stake where you have control of the keys. I believe that staking through exchanges is very risky. The staking percentage you mentioned for Cosmos is very enticing, but I also think it carries risks. When many people earn good coins through staking, some may sell at lower rates to secure their profits, which could lead to a drop in the coin's value. My advice is not to stake on any exchange, no matter how big it is. Having control is crucial, as we cannot trust anyone else. I believe staking stable currencies is a much better option as it reduces the risk of value loss significantly.
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369
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - yes or no?
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on: July 19, 2023, 01:50:26 PM
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The tide has turned for XRP, as it is no longer considered security. The judge's verdict was swift after the news circulated in the crypto market. XRP experienced a rapid surge, and in my opinion, this is just the beginning; I believe XRP will see further gains in the upcoming months, which is why I decided to purchase it.
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370
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Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy BNB now?
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on: July 19, 2023, 11:27:10 AM
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I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.
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376
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is Doge worth investing?
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on: July 14, 2023, 12:47:50 PM
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Based on my 6 years of experience, I can say that anything can happen in the crypto market. Recently, the XVG coin was pumped after a long time when no one expected it. If we think like this, it’s not a bad idea to buy Doge. Yes, if Elon tweets again, Doge can pump again. Anyway, the price is very low now, one can buy some.
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378
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Alternate cryptocurrencies / Altcoin Discussion / Re: Be watchful it's not yet time
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on: July 13, 2023, 05:09:00 PM
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Honestly, I think no one can tell exactly when it will be the best time to buy more coins, but we all know that the current bear market has been going on for a long time, so we hope that the market will rise soon and we should not depend on other people’s signals and make our own decisions based on our analysis, but I have to say the market is much better now than last year when BTC was around 18-19K and now it is about 31K.
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379
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Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network is under investigation in Vietnam
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on: July 13, 2023, 06:35:40 AM
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I will not call Pi a scam until the investigation result comes out. This happens with many projects. It is not that a project is bad just because an investigation has started. Besides, the Pi team or app is not asking any kind of money from anyone and people are earning Pi on their mobiles, so I don’t understand what the scam is here. Even those who have mined it are easily selling it peer to peer from their transferable balance after KYC approval. Overall, many people have made money without any investment. On the other hand, many investors are buying it and hoping that Pi will change their lives. That is completely wrong and I advise such people not to buy out of greed. It is not necessary that its value will be very good when the mainnet goes live. Nothing can be said about it right now.
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