When I see a coin and I think it is very good and has great potential in the future, then I consider it and I invest in it. if in the top cmc market, list my altcoin investments such as BNB, ETH, SOLANA, MATIC, MANA,AMP.for new altcoins I still hold Cifi, gamefi.
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I think logically. excample though there are 2 coin options on the big exchange or on the small exchange? of course I would choose to trade on coins that are clearly listed on major exchanges because the coins are clearly real, managed by a clear project or developer, and one more thing that these coins are really seriously developed. So, if there is a clear choice, why choose a small coin listed on a small exchange with greater risk?
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yes elonmusk only has btc assets, doge, ethereum and shiba are just hype assets to attract market sensation or its community. but it was evident after Elonmusk's tweet about shiba increased sharply. And finally Elonmusk announced that he doesn't have Shiba. very disappointing to the community. lucky for me to have dumped shiba when it was ATH.
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I have a good feeling if the price of cryptoqurrency in the next week will increase, in one week this is a good opportunity to buy. other than that the price of btc is still stable at $58k so there is still a chance that at the end of the year the price of btc will reach $70k
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NFT has opened a new space in crypto it is very interesting to see this will be a big thing that will happen if the popularity of NFT is getting bigger, this year NFT has attracted a lot of special attention and continues to grow like 2021 is the year this NFT will be even more interesting next year will be continues to grow so that it can have a big influence on the next rise of cryptocurrencies.
well, because of the NFT, many people who have great artistic talent can finally channel their fuel into the world of NFT. well, there they can actually sell their work. in fact, nowadays NFT games are becoming very popular among people who want to play games while earning. personally, I'm interested in some NFT for now. however, I hope the development of NFT can be more widespread. it is not impossible if NFT can expand network connections in the future. as we can see that NFT is currently booming, has attracted public attention. One thing that still doesn't make sense to me is that it's just a piece of digital art but has a fantastic selling point.
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I personally think it is very unlikely if shiba can reach the price of $ 0.1. shiba is just a meme coin & has no real utility for future era. but if you are interested in hype coins like shiba then i suggest use shiba for short term trades and exit immediately after making profit.
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I have some capital and I will like to know the right token to investment in. Am new to NFTs and will love to get your opinion on which NFT to buy for a short term base.
I am can't recommend the NFT project for short. but I can recommend the NFT assets I currently have & who knows you might be interested. for example like NFT-cifi, NFT-SAND, NFT-xircus, NFT-MANA etc. and another advice, invest in top coins too & don't invest in just one place.
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for me personally it's okay to invest 20% of the amount of money I have, and of course I'm ready to lose. IMO no one knows if a new project can end up being a scam or vice versa. sometimes luck or opportunity profit can come not only on old projects, it can also come on new projects.
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Pollygon and Solana are currently competing against each other to demonstrate their presence in the crypto market, and several other blockchains such as Fanthom and Harmony. back to the main topic, I would personally recommend both. matic and solana worthy of investment in the future. During the current bear market, there are a lot of surprises coming to new projects on the Solana and Matic blockchain. which allows you to get a good return on investment.
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If you are looking for something for a long or medium term investment, you should pay attention to an asset that has something of value under it, some idea or project, but not just hype and words. for me personally there is no doubt that matic has real reasons to grow and is also worth investing in in the future.
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ElonMusk again? hmm i think The fact that ElonMusk is a DOGE advocate against the BTC, would create an inappropriate atmosphere with the BTC community that is not small. It really wouldn't make sense for him to create his own coin and he probably already thought about it, how would he handle his deals in real life afterwards? If he guarantees that the coin could be used in his deals, there might be a buyer, but even so, it's very risky.
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Cryoto investment requires patience and thoroughness in it so use our minds well and carefully so that we can determine the right thing. understand the market and observe well, make market analysis so that it is easier for us to understand this ups and downs crypto market. the crypto market can go up or down at any time so stay calm when the market is down. crypto investing or trading is not a bad thing, we can study it and put it to good use.Best practice is not to look at charts and step away from your screen.
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USDT is currently pegged to the value of one US dollar and also backed by real dollars is the most reliable stablecoin to use in the process of hedging against volatile crypto prices and also an alternative to use in storing money compared to holding it in a bank or financial institution. USDT is also often used for trading pairs.
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It is really hard to predict the most performing one. You never know what cryptocurrency will rise at the highest rate compared to the other ones. For now, I believe in Ethereum price to make it happen. It has a big potential and it can show a part of its potential as we are in a great period now. I would like to see the price breaking the $4,5k resistance and move on till reaching $6k at least.
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Yes, I personally also agree from the list of points you mentioned especially before choosing a project to invest in. I also look with project roadmaps and whitepapers so I have an idea of what their development strategy is and the goals for the project to be successful. To avoid scam projects we do need to do extensive research because there are projects that look real but the motive is only to deceive investors. We have to be careful and leave immediately if we see anything suspicious about any project you are looking at.
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I think it's because of the consistency of the Binance developers in burning Bnb so that BNB becomes a coin that is considered by traders and has a good future like ethereum today. since the current price of BNB is still around ( $476) I think this is also an opportunity to buy a Bnb to keep for the next 2 or 3 years, this is a very good thing to do if one has the money.
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It should be noted that if you really want to buy Ethereum at the current price then you need to hold it for a long term investment. I personally believe that ethereum may increase more than its current price in the future. The decision is yours, I just remind you.
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Most of the NFTs that have emerged in the market today have become alternative investments and some of them actually offer something new and fresh on the table. but for the following days I can't guarantee, because as far as I know developments in the Cryptoqurrency space may change, such as 2017 year for ICO, 2018 IDO, 2019 IEO, 2020 DEFI, and 2021 NFT.
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ethereum high transaction fees are a concern, I don't want to get into something that is controlled by big corporate people. I just want to be in the hands of some technical people as developers who might form a foundation like how the bitcoin foundation works, to take care of the dapps stuff instead of making binance the hub for every aspect of this crypto space. besides that BSC is still the best choice because it has the advantage of handling gas costs which are quite expensive compared to Ethereum, but it is too early if Bsc is able to beat Ethereum. BSC became popular because almost all projects today take advantage of the BSC features
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