Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.
While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin.
The cryptocurrency with the best features is NEAR protocol, it has horizontal sharding for infinite TPS, 2 second finality and can run Ethereum dapps and it has bridges and appchains like polkadot.
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Hello guys, what is the next eth in your point of view?? I can see next eth is Polkadot.
NEAR protocol scales Ethereum and has appchains like Polkadot.
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Hey guys, recently fantom listed on Bibox and Bilaxy. This is pretty good news, however price dumped ;(. Now it is 0,5x from ICO price. What do you think, is it going to do 10x in the future? I bought some tokens however I’m still worried about the price.
Yeah, FTM, UTNP, and NEAR will do well.
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When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
I would say that the most important feature is real world utility. Also, buying projects that are mineable without a team wallet will protect you from exit scams and rug-pulls.
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NEAR protocol scales Ethereum and BSC so we don't have to choose one or the other.
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The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog. He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour. After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%. Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC. Is all the excitement around the project really a hype? Like chiahype and etc.? Yes, but if Elon does get a pet dog named FLOKI, you know that everyone will dump doge and shiba to buy $FLOKI. not an endorsement for the token or dog coins in general, just saying
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Coming from stocks, I deem crypto investing quite different, and I am still to get my complete understanding behind it. When talking about stocks, there are a lot of people and investors that tend to spend their money on businesses or shares they firmly believe in. Talking about cryptos, I see a lot of people cashing out on short term for quick money, but the question is, is it worth playing it like that or better to consider the project behind the coin long-term? Regarding stocks for instance, Nvidia is a share I really do believe in and the sentiment itself is what keeps me holding the stock no matter the market. There was a huge dip in May, similar to what the crypto market is facing now, and although difficult to hold, I strongly believed in the long-term.
Regarding coins, I struggle to understand the approach people have. I am, by no means, expecting people to run down details on what they do, as we are not here to give financial advice, but a small explanation on how you address your investments: both short-term and long-term. Similarly to the stock mentioned above, I do have the same kind of interest for coin Oracle ($ORA), it’s quite new so I don’t expect many to know it. I really believe in the platform they want to create (just for context it’s a NFT market for ideas, so you just buy others’ ideas) and I would like to see their project created and support them long term, but how popular is the cashing out in cryptocurrencies? Everyone seems to be spamming to the moon to the moon, but most people seem to be selling.
Some people just want to try and get rich quick, it's mostly people that are poor investing and thinking short term. Look for projects that have real world utility and can produce revenue, just like real world companies, like Chainlink and 0xMR.
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I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry. I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags? They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage? They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254 They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags? There are no humans listed on the site as the project team. Should this be a major concern? Thanks!! I stopped investing in projects where the devs or VC hold the majority of the supply and dump on investors to fund the project and give themselves profit. I only invest in fairly mineable projects with no pre-mine or dev wallet like RVN and 0xMR. That way I know I can't be rug-pulled and exit scams aren't possible.
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Hi , As my hobby im searching on new projects , So this time i found a Low risk project among 15 new projects . They have a Ann thread on bitcointalk --> https://bitcointalk.org/index.php?topic=5286191.msg55504061#msg55504061 Im telling as "Low Risk" because they have provides every thing clearly with the videos , And they have NO ICO . What do you think ? shall we comment on that thread if you have any doubt on this project , then it will be helpful for others as well. Any project where the dev team controls the wallet can be rugged and exit-scammed. That's why I invest in mineable tokens like RVN and 0xMR.
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I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.
Is there no independence in the cryptocurrency world?
Thank you!
If a project doesn't have BTC trading pairs, like 0xMR, then bots can't dump the price.
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What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.
write a letter to the ceo of bitcoin
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New money enters the market, pumps a meme coin then gets dumped on by insiders
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51% attacks are a real danger but since 0xMR is POW + POS (currently secured by Ethereum's hasharate), you can't 51% attack it.
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The future is multi-chain, that's why I invest in projects traded on multiple-chains like LINK and 0xMR.
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I've been in crypto for the last 4 years and I've been a maxi for the last 3. However, I've always had respect for the Monero project. Can somebody make the case why Monero does not live up to it's promises / is a scam / will fail?
More specifically I'm interested in the hearing arguments about the following issues:
a) Is Monero as suited for it's stated goal of private transactions as it claims b) Is it better suited to this goal than using properly coinjoined btc over Tor c) Is Monero actually decentralized to a decent degree d) Why Monero will fail in the long run
a) Is Monero as suited for it's stated goal of private transactions as it claims- no, Monero can be tracked by monitoring node traffic and using tools patented by ciphertrace. b) Is it better suited to this goal than using properly coinjoined btc over Tor- No, both are not safe and likely honeypots. c) Is Monero actually decentralized to a decent degree- No, the majority of mining is done by cryptojacker malware and one mining pool controls the majority of the hashrate and can 51% attack at any time. d) Why Monero will fail in the long run- No, due to it's design, Monero can never scale to be used as a world currency due to the time it takes to process bulletproofs, transaction confirmations, block size/centralization limitations. Due to these reasons and more I sold my Monero for 0xMonero.
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There is a nice success story in the stock market world, where a guy named Keith Gill bet with his money $50k on GameStop stock. About 2 years later the investment rose to $50 million!
So the question is. Is there any similar recent success stories like that in the crypto world? I know the Dogecoin millionaire, but that was from $180k to $2 million in a few months, which is not that impressive compared to the GameStop stock guy, because $50 million is another level. So? Any similar recent success stories?
I invested in 0xMR and I'm up 1000x. Plus they are releasing a casino so it should pump more.
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The new kid in town (Polygon) has been on the rise lately. Many "De-Fi" lending platforms that were on the Ethereum blockchain have switched to Polygon (MATIC). The reasons for such a move are quite obvious. Ethereum's high fees and slow processing times makes it unsuitable for "De-Fi". It's why some people are moving into alternative smart contract platforms like the one mentioned earlier. If the trend keeps up, Ethereum might lose market dominance as its rivals gain traction in the mainstream world. First it was Polkadot, then it was Binance Chain, and now it's Polygon (MATIC). Which of these platforms will beat Ethereum is yet to be seen. What do you think? Is Polygon (MATIC) better than Ethereum? If not, why? Do you think Polygon has a chance of overcoming Ethereum in the future? Isn't the market saturated with many smart contract platforms already? Your input will be greatly appreciated. Thank you. I trade 0xMR and WasabiX on Polygon but I think $NEAR will make Polygon obsolete.
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
I invest in projects without Bitcoin trading pairs like 0xMR. This way bots cannot dump my tokens when Bitcoin moves up or down. I'm in safe mode.
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I think Aurora on NEAR protocol makes Polygon obsolete.
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These two are sure good altcoins to invest, and I also believe that both will be successful in the future, but I would like to ask the community here if which coin they believe will be more successful in the future. I also added a poll so you can vote, this would help people reading this thread to easily determine which coin is better.
Please share your opinion too on why you choose a certain coin.
Neither, it's likely $NEAR will overtake both projects when people learn about it.
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