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1  Alternate cryptocurrencies / Altcoin Discussion / Re: why is it difficult to apply TA on altcoins with low marketcap on: October 23, 2021, 02:16:23 PM
How low is low? You didn't name the altcoin and the market cap.

not too low, more or less a coin with a marketcap of $100M and a trading volume of $10M. one of them Banana(apeswap) #368 on coinmarketcap. I made an analysis for this coin a few weeks ago. At that time I saw the price had reached the resistance point, and I bought it. but so far the price has not gone up.
2  Alternate cryptocurrencies / Altcoin Discussion / why is it difficult to apply TA on altcoins with low marketcap on: October 23, 2021, 06:32:31 AM
some time ago I bought an altcoin which has a low marketcap and trading volume. I bought after analyzing using technical indicators. After a while I realized something was wrong. it should be if based on my analysis the coin I bought has entered an oversold period and the price should have started to reverse. but in fact it never happened. the price may go up, but it doesn't last long and it goes back down. then I also bought another altcoin which is almost the same. and again, I also experienced the same thing even though in the end I got profit thanks to long-term hold.

Then I started thinking and wondering, why is it difficult to apply technical analysis to coins with low market caps. unlike bitcoin and other major altcoins whose movements are still predictable. Altcoins with low market caps are difficult and even impossible to predict. whether this is all related to manipulation or there are other reasons that make it difficult to predict.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Unlimited scalability? on: July 24, 2021, 01:39:15 AM
Blockchain technology has often faced many limitations when it comes to achieving scalability without sacrificing decentralization. Up to this date, no project has been able to scale to meet today's demands without putting decentralization at risk. I'd be a "miracle" if we get a cryptocurrency that's highly-scalable and highly-secure at the same time.

Now I'm starting to wonder if there's a project that's aiming to achieve "unlimited scalability"? To my knowledge, there isn't a cryptocurrency with an unlimited block size. If there was such cryptocurrency, it would've been highly centralized, making it no different than traditional banks. Still, I'm curious to know if blockchain is capable of scaling infinitely to billions of people worldwide. If it's possible, then governments can use the same technology to replace the monetary system of today.

What are your thoughts? Huh

unlimited scaling and still decentralization is impossible. only a centralized system can do all that. but if the question is changed, will a decentralized platform be able to scale to billions of people around the world?. I'm sure it can. there are many ways to do it all. either increase the capacity of the block until it can do that, or use a layer2 network. so that transactions can be processed faster without adding too large a block capacity.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: never invest in defi projects under the name Safe or Moon on: July 23, 2021, 04:39:38 AM
I think all tokens with a very large total supply are shitcoins no matter what the project name is. so don't pay attention to such projects. and one more nonsense tokenomics. lots of new projects with very good tokenomics but it doesn't make sense. they just promise something without ever trying to make it happen. for newbies who are just investing it's better to buy big coins like bitcoin or ethereum only. it has much less risk than other coins.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Low market cap coins that you are interested in? on: July 22, 2021, 11:26:04 AM
I'm currently monitoring Banana(Apeswap) coins. This coin has a small market cap but has great potential. I think their platform can compete with pancakeswap. and the current price is still low. that's why I can buy a lot.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: How can prediction results affect the actual market? on: July 21, 2021, 12:39:32 PM
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.

People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
You only have two choices, believe it or not. if it affects your analysis, then don't trust it. I personally don't trust such platforms. more trust with analysis made based on the latest news. and it looks like a pump and dump group, it's just a different way of conveying it. so better not believe it.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Cryptocurrency has best future? on: July 19, 2021, 09:33:27 AM
the most predictable ones are bitcoin and ethereum. both cryptos have a good future. everyone here agrees on this, because btc and eth are icons of the crypto market. they are the center of the market ecosystem. therefore these two coins make a good investment. apart from these two coins there are actually many potential coins. but difficult to predict and very risky for those who don't know much about crypto.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: am i the only one expecting the market to be worse than this? on: July 18, 2021, 01:29:40 PM

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
prayer is not enough to make it come true. more effort is needed to destroy the market. if you have influence and money maybe it can be done. but the possibility is also very low, look at Elon with some of his tweets or China with its regulations still not able to destroy the market. and the market situation will remain like this until the next bullrun. so if you want to buy now is the right time. the price has fallen very deep and there is no way it could go any lower than this.
9  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Cardano really reach 20$+ near end of year? on: July 17, 2021, 02:57:48 PM
can't, in fact I doubt ADA can stay above 1$ for the rest of the year. the market is in a bad situation right now. and this will continue, why I believe because too much negative news keeps popping up. FUD is growing fast putting the market under pressure. And this will indirectly impact the price of Cardano. because of this I am pessimistic that ADA remains above 1$.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH also breakout the resistance zone and now trading near $2330 on: July 17, 2021, 10:55:37 AM
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
well, currently the price of ethereum is back below the price of $ 2k. I'm pretty sure that the current movement of ethereum is heavily influenced by the price of bitcoin. not only ethereum, but also for other altcoins. however, I hope the price of ethereum can get back above the price of $2k again. it might be supported if the bitcoin price can reach above $35k again.

without that ethereum will go back up to 2k. I'm sure the next few days ethereum will rise again. without having to support the movement of bitcoin, ethereum can do it. the question is whether ethereum is able to do more than that. so far ethereum has touched a resistance point several times, but always turns around again. can never break it to climb higher. I wonder why this is happening.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Does matic (polygon) worth to invest? on: July 15, 2021, 04:27:17 PM
I see this project worth investing in. although relatively new, but their platform is already popular. this means that a lot of people put their trust in this project. and one of the good about Matic is the price is still low. for investors with minimal funds, Matic is a good choice of coins to invest. so this coin is very worthy to be part of your portfolio.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Versus Ethereum Cryptocurrency Market Share on: July 15, 2021, 05:43:24 AM
I feel that the current market is not positive, only waiting until the IV quarter or 2022 seems to be more positive than now, as for ETH and BTC, if we look at the development of ETH, it still depends. in the price volatility of BTC increases or decreases and ETH also increases or decreases.
The dependence is only on BTC, because from the past it has been very clear that when BTC increases, ETH and other coins will also increase sharply, as well as when BTC decreases, and for now BTC is like a road in place.

it is this dependence that causes the crypto market to be viewed badly. all coins depend on bitcoin, no one is independent. all are affected every time bitcoin moves. Likewise with ethereum, although eth is the number 2 largest coin but still not free from the influence of bitcoin.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you make sure a projects funds are safe? on: July 14, 2021, 01:04:12 PM
from their smart contract address, usually the developer keeps the funds from the token sale there. although not for a long time, but we can see how much money they actually raise. and how do we see whether the funds are used for development or not, that's easy. we only need to look at the progress, if the development progress is good then the funds are used according to what was planned.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin that two people highly esteem on: July 14, 2021, 04:59:00 AM
Elon Musk doesn't glorify Doge, he's just playing around to get the attention of the crypto community. his tweets so far have been just bad jokes and he's not exactly a doge fan. So I think it's a big mistake to think that Elon thinks doge is better than bitcoin. everything is done for the purpose of profit only. see how he brought down the crypto market by making a statement about bitcoin mining. he's trying to manipulate the market. and the meme coin hype is one way.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: why some are still loosing money in crypto on: July 13, 2021, 06:44:42 AM
those who lose usually never feel the state from bear to bull. they gave up halfway, and complained that crypto was a bad investment. they seem to forget the concept of time. impatient to wait and just listen to other people's words without wanting to make decisions on their own. think unlucky and have no second chances, and end up selling when the price drops, then walk away from the crypto market. if they are willing to be patient, I'm sure they won't be the losers. actually the key to investing in crypto is easy, namely HODL. no need to be an expert, just buy and wait.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think the London hard fork will lead to a recovery in the crypto asset ma on: July 12, 2021, 03:33:08 PM
it might happen. after all ethereum is the second largest coin after bitcoin. and later hardforks will make ethereum very different. later hardfork will provide solutions to existing problems. so it will have an impact for the market. My prediction is that the market will increase, but after the London Hardfork hype ends the market will return to normal.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth buying other cryptocurrencies other than bitcoin? on: July 12, 2021, 03:35:19 AM
Not all altcoins are good investments, extra research is needed first to get them, because most altcoins are created today just to enrich developers.
the crypto market is very volatile, if you have enough money it is better to invest in altcoins that are already in the top 20 coinmarketcap only. however, there is no guarantee that each of your investments will be successful within the time frame you specify.

yes you are right, the altcoins released today are mostly just to enrich the developers. they just want to raise money from the token sale and disappear after. this always happens and makes altcoins seen as shitcoins. but despite all that altcoins that are in the top 20 list are still worth investing in.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: What happen if US ban cryptocurrencies? on: July 11, 2021, 09:37:30 AM
because the US is one of the countries that contributes a high volume of crypto trading, the impact of the ban will be enormous. the market will not survive and crashes are inevitable. bitcoin and big altcoins like ethereum or bnb can lose half the price. and the rest will be worthless. this will probably be worse than when China issued a crypto ban.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Binance Smart Chain the "New Ethereum"? on: July 10, 2021, 04:48:47 PM
there is no new ethereum because there is only one ethereum and nothing will ever be like it. so bnb is not the next ethereum. bnb and ethereum are very different. bnb is getting big in its own way. it is difficult and impossible for other altcoins to become the next ethereum because it takes a huge success to be recognized as the next ethereum.
but what if BNB could do the same thing as ethereum in the future. doesn't BNB deserve to be called new ethereum". I see BNB is even more powerful than ethereum. their projects cover various things from Dapps platform, exchange, Launchpad platform and more. ethereum is big because it was released early, but if BNB and ethereum were released together, BNB might be the winner.
20  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin spinoffs devalue Bitcoin over the long term? on: July 10, 2021, 11:24:34 AM
no, it will have no effect on bitcoin in the long run. although in the future there will be another hard fork and produce a new copy of bitcoin, there will be no significant impact for bitcoin development. because people prefer to hold BTC, and assume all copies are altcoins. if it is possible to devalue bitcoin, it should have happened since the first hard fork. but the reality is not like that.
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