It is very difficult when investing in a new project to know if they are creating tokens just to spend investors money, because they are very smart and give the best hope in offering huge returns to attract lots of people into the project they are working on, you should research the support team and developers the project you invest in, so you can avoid the risk of losing a lot of the money you have.
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Obviously I think there are some people who should convert to stablecoins because they know that stablecoins are pegged to fiat, fiat will also be devalued, but fiat is preferred for this period as the market starts to gradually decline thus completely eliminating the risk. Either holding Bitcoin or stablecoin is the most appropriate choice, but it totally depends on what your game plan is, if holding bitcoin, stablecoin, that's better.
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What coins do you think are promising? I think there will soon be a good opportunity to buy alts in the long term, so I am starting to consider options for purchases. Interested in mina, cdt and sand. What do you think of these coins? And what coins do you think are promising?
The three coins you mentioned above are one of the promising altcoins so they currently have a good chance of buying more and sticking around for the long term. Mina, ctd and sand has potential like no other project out there but it is one of the most growing projects and I'm sure they will create some new sensations going forward.
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correct. some altcoins have gone down and there is a good chance to buy more of these coins, If you want to buy then better buy promising altcoins that can generate huge profits like Bitcoin, Ethereum, Binance, Polygon (MATIC) and Avax. For me this is the only very precise opportunity, but if we buy Polygon (MATIC). The consideration is that you can see for yourself in the market what Polygon's next potential is. I believe this is a very strong coin that can give you the opportunity to invest or keep more so hope it will yield better returns this year.
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Matic is one of the most in-demand altcoins right now. As for this coin, I know it will be very popular in 2021, but this altcoin is able to show very fast growth and has very good fundamentals.
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I have held several altcoins like salona, matic, avax and dogecoin, they are one of the most popular and very promising altcoins, I am sure they will make a new trend when the next bull run market comes, so I hope those coins can make a profit which is great when the supply of bitcoins continues to increase and I don't want to miss their hype.
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As we see in altcoin market like bnb, often used by all investors to exchange their coins, because this flotform is very cheap transaction fee or coin and token exchange fee, being the king of all coins, I think they need the most powerful support team and Developers have to be right - very serious competition with bitcoin because all altcoins are still following the bitcoin trend. Altcoins other than bitcoin that are king in the crypto market do not yet exist, only bitcoin is the only king of all altcoins.
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Correct! Matic is the most worthy project to invest in both short to long term, because they have a very strong support team and very serious and experienced developers in this field, but their solution with gas costs is rather functional and transactions are very fast, Now many trader investors are considering switching from ETH and binance to new players like matic.
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Polygon Matic is one of the altcoins that is quite developed at the moment and is very good for making profits next year, I have held more of these coins, maybe they will create new hype in 2022. I believe polygon (Matic) is a real, promising and very attractive project for all investors.
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However I don't think that there is any negative news about USDT coin, but this is not the time to hear it, I still hold stablecoins because until now they are still active in the kryto market, I know investing in stablecoins is very safe, but if you are worried about holding these coins then choose other stablecoins like USDC, BUSD of these two coins is the same as USDT coin.
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Binance is a cryptocurrency exchange for buying and selling cryptocurrencies, making Binance the number 1 cryptocurrency exchange in the world according to Coin Gecko and Coin Market Cap. Currently, Binance has more than 15 million users with an average trading volume of $2 billion per day, but to become king, it just takes a long time to do this and it is impossible to become king of all coins. Bitcoin is one of the best cryptocurrencies including ranked number 1 in all things crypto related, all altcoins are highly dependent on bitcoin movement.
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Correct! it depends which coin we hold, we don't know what coin is pumped up when the bull market comes but we need some time to figure out which projects are worth investing in if we last longer, unless you are holding big coins like Bitcoin, ethereum, and their binance is a very promising coin in the future and no doubt if you hold it longer.
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First I bought Bitcoin and Ethereum, these two coins are perfect if I have that much capital. I am willing to bet for the short term to the long term, but for altcoins it is not quite right because the capital is large and with that amount of capital I have to invest in the coin with the highest trading volume in the market.
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For purposes that are safer against market downturns, don't get me wrong. I advise you to choose coins like ethereum, binance and polygon, they are the top altcoins and can save you big losses if something bad happens with your investment but if you are a beginner you better keep learning.
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Altcoins will grow rapidly when the altcoin season arrives, ethereum, cardano, bnb, Polygon and Stellar will definitely get a very large increase, the current bitcoin market movement is increasing and growing, every time there is a correction there is always an altcoin that follows the movement of bitcoin.
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I tried many times, but a lot of aidrops or icos are wasting time on those fake airdrops. Some are real but they give you a very small amount, I can't say that all airdrops are not the best, there are parts of airdrops that you easily get for a good project. Until now I am no longer interested in airdrops, sometimes they pay but many don't want to pay.
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Looks like polygon (matic) has a better future than the previous year, hopefully it can still do good and can develop more on the network, I still hold MATIC until now, because matic can move and penetrate high prices if the bitcoin price returns to the right path . I believe this project can attract many investors to trade in 2022
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I already bought Avalanche coin, Cordana few months ago, when it was cheap, I really hope these two coins can generate decent income later this year, I believe the developers of these two projects are very serious and many investors start trading here.
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Investing in new projects carries a very high risk, as they create massive hype to attract investors. I suggest you better invest in old projects like Bitcoin, Ethereum, Binance, they are the top coins with the least risk of losing your money.
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Converting altcoins to bitcoins is the best thing right now, as the market price is down, so you can make big profits when the market will pump back up. Remember that you need to be active and focused on the market, as prices fluctuate. I think when the market is bleeding you should buy and hold more of the top coins in the market.
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