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41  Alternate cryptocurrencies / Altcoin Discussion / Re: I think ethereum is the best crypto next to bitcoin. on: May 05, 2021, 09:59:54 PM
Ethereum is the next rated cryptocurrency after bitcoin but it hasn't overcome Bitcoin yet and it already has a big competitior in the form of BNB.
The binance smartchain network with its high security, transaction speed and low transfer fees means that BNB and BSC projects are already giving ERC 20 Blockchain projects a run for their money
What i love more is that a lot of BSC projects have cross chain abilities to switch between BSC and ERC 20.
Ethereum is the second best cryptocurrency for now, but i dont think it will remain that way for much longer
42  Alternate cryptocurrencies / Altcoin Discussion / Re: What really makes a cryptocurrency successful on: May 04, 2021, 11:45:43 PM
There seems to be a theme common to successful projects and a lot of it is down to promotion and marketing.
Most successful projects through their promotions have been able to build a massive following and vibrant community that is optimistic about the project's chances for success. When all this is combined with a team of professionals, partnership with top companies and exchanges and interest from large investors, the project often succeeds
43  Alternate cryptocurrencies / Altcoin Discussion / Re: Why FOMO when a coin is pumping on: May 04, 2021, 11:16:11 PM
My friends and I are always like that in the past. When ever these is a coin that we fancy on, we just talk about it but unfortunately we don't have the money to invest in. But the problem is once we have the money, it has already went so way up that we regret not having the money at the time. Many years later I already learned how to do day trading and I was able to earn everyday now. I am teaching my friend day trading as well, so that even if there is bull or bear at least they will earn.
I think learning day trading is a very good move in the crypto and other financial markets today
This is Because a lot of the concepts you learn from interpretation of charts, candlesticks and market structure will help you to frame a knowledge of how the price moves in the markets and help you avoid FOMO when a coin is pumping and also help you to make informed decisions when buying cryptos
44  Alternate cryptocurrencies / Altcoin Discussion / Why FOMO when a coin is pumping on: May 03, 2021, 11:14:47 PM
I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
45  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you trust centralized exchanges? on: May 03, 2021, 08:18:47 PM
I haven't heard if this Turkish exchange before and i only stick to the major well known centralized exchanges in the cryptocurrency space.
I like Binance, Kucoin, and a few others as far as centralized exchanges go and i always try to keep my trading between this few exchanges just to be safe
46  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: May 03, 2021, 06:48:01 PM
The Extremely high Ethereum gas fee will only promote the use of blockchains like BSC for the development of new projects and this is understandable because unlike 2016 - 2018 where someone can get airdrops of a few tokens and easily send them out of a wallet to an exchange to trade, that is no longer the case.
A lot of people are holding tokens they would rather sell because eth gas fees is too high for them to send it out
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Uniswap (UNI) good for investment? on: April 28, 2021, 10:28:22 PM
One of the signs of a good coin or token to invest in is it utility this is always the case with a lot of exchange tokens because they provide liquidity for the trading that goes on on the exchanges and there is a use for them which drives of the demand and almost always stabilizes the price of that particular talking over a longer period of time considering uniswap in this case this is a platform that has gained a lot of popularity over the past few months and has in his transactions volume go so so and I believe UNI tokens makes a good investment with a long-term perspective in mind.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: My first two ICOs will be Mina and ECO. Good idea? on: April 28, 2021, 10:20:39 PM
ICO investing is one of the most difficult investment to make in the cryptocurrency space and this is because they are multitude of scam project out there just willing to take your money so you have to be very careful and don't go for deals that seem too good to be true because if they seem too good to be true they are most likely to go to mature so only invest in cryptocurrency projects that are highly rated and have existing partnerships with some of the industry Giants I think that is a big step in filtering out a lot of low quality and some projects before investing ico's
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Efforts of holding wasted on: April 27, 2021, 11:56:31 PM
Holding isn't a waste and i believe that your results depends on the coins you are holding, in that same period of time some coins have done over 10x their previous value
So i wouldn't focus on having too many cryptos in my portfolio. Only a good few ones do such returns
The problem i discover most investors have is trying to find the next big thing. Why not just buy into the obviously good crypto projects and see your positive returns over time.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: I think ethereum is the best crypto next to bitcoin. on: April 27, 2021, 11:45:50 PM
In terms of its usage so far and its Blockchain which serves as the major infrastructure for the development of most of the cryptocurrency projects, i will say eth is a lot more valuable than BTC because the only purpose BTC serves is its use in transactions.
ETH on the other hand has a lot more utility and considering ETH2.0 Is already in the works, i cant wait to see what the new blockchain protocol will offer.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about NFT? on: April 27, 2021, 11:19:18 PM
I am still quite divisive about cryptocurrencies that are in the NFT category, there have been a lot of different potential use cases that people suggest that they have but the only use case i have seen to be possible is to use NFT cryptocurrencies as a means of gamers getting paid for gaming.
Besides that, i think everything else need to be seen in practical and not just theoretical possibilities
52  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you still hodling that shitcoin? on: April 22, 2021, 11:44:26 PM
Regularly when you get a few tokens presumably from airdrops or bounties into your ethereum wallets. You have to no compensation expenses for keep hold in this wallet yet in the event that you choose to send it out to an exchange you'll will be charged more in gas expenses so what is the issue with holding these shitcoins? Since they have no valie Just keep hold until when it will be something worth or included exchange than you go to sell. At the point when bull run coming you will get large benefit from such a shitcoin.
Anyway shitcoins never become fruitful in a positively trending market, however you can never determine what will occur
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do some people stop their crypto project? on: April 22, 2021, 11:18:24 PM
A large portion of this happens just in scamming purposes project. Indeed, even effectively finishing the deal, it will normal like popping bubble it would vanish in a matter of moments in light of the fact that the project has no critical utility. All duplicate and glue features from the fruitful ones, that is the reason its critical to consistently do your broad exploration. Its OK to take risks on good projects, yet it will be imprudent to face challenge on an ineffectively investigated project
54  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping my coins because.. on: April 22, 2021, 11:05:44 PM
There are a great deal of projects which have truly good thoughts and plans, yet a large portion of them are not fruitful due to various reasons. Most coins and tokens which we have gotten from bounties and different giveaways are pointless and I prescribe to sell them as quick as possible and purchase on that cash truly good cryptocurrencies. Just couple of projects truly have the right to be hold.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: April 22, 2021, 10:53:23 PM
If i had to answer this question some months ago i would have chosen ETH because i believe that ETH still provides incredible value and  is also very reliable for the development of Blockchain projects but ever since the issue of high transaction fees arose again, BSC is definitely my preferred Blockchain
56  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum remains the king of altcoins on: April 21, 2021, 11:56:06 PM
development in ethereum is by all accounts related near bitcoins as I would like to think. The overall assessment for crypto monetary forms is extremely certain this year. For the two coins it was an incredible year. Bitcoins is normally the beginning coin for most investors. However, when we get comfortable with different coins we should hope to broaden our crypto portfolio.
57  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust USDT? on: April 21, 2021, 11:43:56 PM
In our activities with cryptocurrency, we should consider a specific percentage of even the most inconceivable negative incidents and not invest, as is commonly said, all investments tied up on one place. Notwithstanding, now and again it merits the danger. It is regularly a critical danger that brings an enormous benefit. There can be no unequivocal guidance here.
Other ERC 20 based stable coins may be a good alternative for those that donuts the transparent and decentralized nature Of USDt
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you picky with ICOs? on: April 21, 2021, 11:36:00 PM
With regards to investments in cryptocurrencies its better to be fussy or probably they'll simply snicker at you that they've delude you.

Before I let myself gets include in ICO I just consistently check whether the project is ideal and realistic like if it's material locally.

What's more, obviously the group behind it, in the event that they're sound and which country they came from and in conclusion their white paper and guide
59  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin Ready for a Major Breakout? on: April 21, 2021, 11:28:58 PM
If you check historical data, it is always seen that litecoin pumps almost the same time that BTC pumps too and considering the fact that they have similar blockchains and litecoin is really underpriced as compared to Bitcoin, then it is no surprise that litecoin has good price movements in the markets.
The trading volume is also encouraging
60  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB will remain valuable for a long time on: April 21, 2021, 10:20:43 PM
BNB has all it takes to be one of the legacy cryptocurrencies of this crypto space just like bitcoin and ethereum
It was a real innovation for binance to develop their BSC binance smart chain and BNB is a lot cheaper than eth while the BSC at the moment provides better value in terms of transaction cost and speed.
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