Still rooting for bitcoin. I don't actually compare ethereum with bitcoin since these two could be both profitable to us all especially those that are bounty hunters and those joining on airdrops. It is true that ethereum is connected to a lot of projects in the past until now but bitcoin has more popularity than ethereum.
When it comes to liquidity, it is still bitcoin.
Regarding liquidity, I think both ethereum and Bitcoin have large liquidity and are actively traded in the market. Bitcoin is the main choice of investment in the cryptocurrency market probably because of the factor of trust. Bitcoin is a pioneer in cryptocurrency, besides, with a limited supply, making Bitcoin increasingly attractive to investors as a safe haven |
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For altcoins, ethereum is still the strongest in terms of transaction value or market cap value. There may be some altcoins that look good and could take over ethereum's place but I think it will take a long time as investor confidence in ethereum is still high
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I have paid a transaction fee of more than $ 5 but I think it's still worth it when claiming an airdrop from Uniswap. It is common for transaction fees on ethereum to change depending on whether the ethereum network is busy or not. Hopefully the launch of ETH 2.0 will reduce transaction costs
That's the different case, we are talking about is it worth to pay a few dollars to send a very small transaction. That means it has nothing to do with uniswap claim. The majority of small users were not able sending their coin to the exchange sites when the ethereum chain was getting clogged. I think that you must understand about that dude. If what is meant is that paying a transaction is more expensive than the price of the token that we send, I think it is better not to make a transaction because we are losing count. But if what is meant is an ethereum transaction that continues to rise in dollar value, I think it is also reasonable because the ethereum price also starts to continue to rise |
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If that is the case i would not suggest to enter the private keys or even import your private eth wallet to their wallet as this can be highly risky and they can simply end up as failed or scam project which can leave many people at risk of losing their eth and tokens stored in their private eth wallets.
Agree, we must be vigilant because private keys are important for our wallets. We should not enter our private key in applications that we don't know yet because the application maker might want to steal coins or tokens in our wallet. |
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As you focus on following a trading process and strategy; you need to also learn how to care for your trading capital. If you have ever seenn courses with risk management; it refers to your trading capital.
How can you protect your capital? You do so by making a trading or investment plan about how you are going to use your capital.
In this market either in a bull run or in a bearish state; we are all alone. In trading; everyone is here to make money for themselves, the profit you make comes from other traders so Always do your own research.
Agree that if we decide to trade, what we need to pay attention to is maintaining money management. Also, I think if we are investing in altcoins, it is best not to invest in just one coin or token because it is too risky |
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This is news that I think is great. Libra collaborates with Facebook and almost everyone in the world has an account on Facebook. This will make transactions in cryptocurrency increase rapidly because of the ease with which people can buy crypto only through their social media applications
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Bounty hunters usually only get a maximum allocation of 2% of the total supply. If the token or project is attractive to investors and has a large volume of transactions, I think it will not be very influential if bounty hunters sell their tokens. Investors sometimes also play with prices in order to buy at a lower price and I think there are many factors why prices can go down, not just from bounty hunters
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My portfolio maintained it's value in the pandemic time because I was only into Bitcoin and USDT at the time, I have other savings that keep me alive through out the pandemic period, never tough my portfolio for the pandemic issue, I'm glad I hold onto my bitcoin because this year bitcoin remains the most profitable digital asset.
A wise investment choice when a pandemic occurs. The price of Bitcoin started to creep up during the pandemic and by holding USDT as a hedge investment, it is now possible to buy good altcoins at a low price. |
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Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Current conditions are different from a few years ago. Today, Bitcoin has begun to be recognized by many people and is known as a profitable asset. Some financial institutions have even started buying Bitcoin and estimate the Bitcoin price could reach $ 100k |
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If the projects are that good enough why are they undervalued? Let's stop trying to play GOD here, no one knows tomorrow, which ever coin or tokens you choose just know that you choose at your own risk, I'd rather go for high quality projects than playing little gamble on projects that may or may not deliver in the long run
Agree, when the altseason occurs, all altcoins have the opportunity to increase in price except for coins or tokens that have been left by the development team. Anything can happen in the cryptocurrency market and I think what we need is to analyze and patiently wait for the altseason to arrive |
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I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
Creating coins or tokens can be done by anyone who has that ability but to be trusted by investors in the cryptocurrency market, I think it needs an interesting project or product. There are more than 6000 coins and tokens listed on coinmarketcap and in my opinion no more than 10% will manage to survive for a long time |
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I think they may be a marketing trick for XRP and motivate buyers. With holders who hold XRP for long term, this may be a good chance to have more profit but with people who just buy XRP for this airdrop, let's be careful because the price of XRP can fluctuate very strong next time , and may be we can't get out in time
These days the price of XRP has gone up more than 100% and I think this airdrop is the factor causing it. Maybe this is a marketing trick but it is definitely in demand by everyone because they will get free tokens that can be directly traded on various exchangers. |
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I have paid a transaction fee of more than $ 5 but I think it's still worth it when claiming an airdrop from Uniswap. It is common for transaction fees on ethereum to change depending on whether the ethereum network is busy or not. Hopefully the launch of ETH 2.0 will reduce transaction costs
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Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.
This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.
Always do your own research.
I agree with the statement that all we can do is analyze. Apart from analyzing, in my opinion all we can do is control our emotions or psychology, because high price movements will affect us in making trading decisions and we must be able to control them if we want to make a profit. |
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Shitcoin in the Alts season will also provide profit if we not holding for a long time. I also bought some shitcoins for short-term trading. if it has made a profit, then I will sell it. greed for too long holding Shitcoin will lose our money.
If what shitcoin means is a coin or token that does not have a large transaction volume or the project is not running, I don't think it will be affected by its price in the current altseason. Investors nowadays are increasingly observant and wary of investing and only projects with large liquidity will be invested |
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It is possible for social mining to replace the bounty campaign, but I think the bounty campaign will still exist because some projects really need it to attract new investors. The bounty campaign is needed by the team because in my opinion the marketing costs are cheaper and the reach is quite broad
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I was reading an article of recent, the author was explaining Anti money Laundering (AML) and Know Your Customer (KYC).
I see these two concept to be very key metrics in DAPP and Cryptocurrency.
Here is what I want us to discuss.
What are the relationship between AML, KYC and ICO
In my opinion, an ICO is a token sale that aims to raise funds and finance projects undertaken by the developer team. KYC and AML are required for several ICOs because the developer team does not want to violate the rules and regulations in force in the country where the project is carried out. AML and KYC certainly aim to prevent illegal funds or money laundering |
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A price drop of only $ 100 or $ 300 cannot be used as a reference after the Bitcoin price has risen to $ 8000. I think this is just a short correction and in the next few days Bitcoin could break through $ 20k. It is very common to see volatile price movements and we shouldn't panic
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Obviously, it is hype.
That's what knowledgeable in cryptocurrencies will always tell when a price goes to the roof without even having a good reason.
It ain't a good project. The mass just focused on buying the coins.
It's a good profit though. Someone who is in short-term investment can make a lot with that high of a fluctuation.
The current trend in the cryptocurrency market is DeFi and I think the trend in the future will change. New projects are constantly emerging that take advantage of existing industries and I think if the DeFi project is hype, then there might be a new trend in cryptocurrency. |
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