I lost my money because their advices.
This is your biggest mistake, never take any advice from stranger, even the popular people like CZ always give warning "NOT FINANCIAL ADVICE" because things always could go wrong. Influencer is a human who wants to fulfil their greed, if they got a good money offer from a project to shill for it of course some of them(not generalizing) just gonna do that. so stop following other people and make your own analyzation, honestly it's not really hard if you can spend some time to read the technical of a coin, and sometimes even just holding a good promising coin is already sufficient. |
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many exchanges delisting it due to government enforcing their regulation to limit or even ban privacy coin making the trading volume and overall market capitalization decreases.
there's just too much things that holding this coin from growing and most of them coming from the government who are always against anonimity so you can expect this coin to be undervalued and maybe gonna stay like that for long.
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pick ethereum if you align with the idea of true decentralization while also want to get invested into some defi for long term, pick bnb if you prefer more a coin that's backed by one of the biggest exchange in the world but also have the chance of going under with the exchange platform.
to be frank, these two coins have the same potential to go up but the thing is, i've never seen any institutional investors hoarding BNB to add to their portfolio as far as I know, maybe you can take that into consideration.
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Don't be so sure that NFT hype is over yet.  Because Binance is on the way to open a NFT market also in this month. I'm expecting it to draw a really big attention of people. But after some time, the hype will be over eventually I think. it eventually just gonna be another category for blockchain based things. maybe in the future NFT art in general gonna compete with patreon or the likes where artist could get incentivized from membership or selling art, it's basically the same thing except with NFT we could literally automatize everything and set the fee for the market place significantly lower compared to the existing art platform that are centralized and rather charging too high with strict rules imposed. |
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in my opinion staking is just a way for dev to keep people dumping only temporarily, if you give 90% for staking then at the early time it's maybe gonna increase the demand but that's only temporarily until the coins that are staked unlocked then the market could possibly being dumped but you can also prolong the staking period for that, however if the token has no promising future whatsoever doesn't matter even if total alloc for staking reward increased to 95% no one gonna buy it because staking also means we should see how the project will grow in the future.
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I have some of friends that are playing this game, and for better start you need to buy good axie at least, but if you want to seek for scholarship there's a subreddit for that https://www.reddit.com/r/AxieScholarships/ where people trying to recruit someone for scholarship as well as people seeking it. Don't know whether this game gonna popular for long but definitely worth a try in my opinion. |
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This kind of things that are related to government depends on the bureaucracy of the government itself, if the government want to spend some effort modernizing their system more specifically when it comes to things like this they could, implementation is rather easy for a government that has huge chunk of money but the only thing holding it back is the decision made by the government itself. If the government against the idea of decentralizing this, then they should create a modified version of blockchain.
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NFT hype isn't over, no publication of someone buying an NFT art for millions of dollar doesn't mean the NFT market is dead, NFT is developing and is in pretty rapid pace. There are many NFT innovations still in development. But i'm really expecting NFT to somehow takeover the gaming world whether by the community making quality decentralized game through the use of NFT or NFT adoption in various gaming sector. The future of NFT looks pretty bright imo, it's just that the market rather showing its real circumstance instead of over glorified NFT art always being shown.
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Meme coins can't win over coins that have real use case but developers can find real purpose for meme coins too that's my own believe but I don't see any meme coins walking this path right now possible maybe in future? Almost all meme coins out there are here to get fat pockets for their Devs in a very short term.
The question is why do some people like meme coins when the real use case doesn't exist and functionally doesn't exist either? do some of these people not know coins that have real potential so they only want to have meme coins in the crypto space. It's not that people really want meme coins to exist or anything like that but more of a way to make quick money, it acts sort of gambling where the volatility so high it looks like a gambling due to its purely speculative nature. Trust me, if not for the pump and dump scheme that looks like a profit haven in the eye of market manipulators and volatility seeker I doubt anyone would care about doge, the only factor that drives doge to go up is because elon shill and the fact that people want to cash out in $1 price target. |
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No need to be overly paranoid like that, the market isn't gonna go anywhere, remember we've experienced massive dump in the past and it could hit $65K as new ATH, the current market have stronger resistance than ever.
NFT however is just one niche in crypto market, it could potentially be the future of the market but in my opinion it's just gonna be another niche like defi that's gonna help grow the market and if NFT could succesfully become a technology that's used in various field like gaming, music, etc it could open up blockchain to a whole new bigger market
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those nfts that sold for millions of dollar are like rare paintings, they have that much of value because the creators of such art already famous. if you see in the NFT market many of the NFTs are worth less than a dollar and not even an individual bought that despite the price.
if it's making some small money you can do it through playing games that reward nft instead. but scoring millions of dollar from an NFT is gonna be very tough, you need to be come the next da vinci in a nutshell.
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Personally, I don't expect too much for eth price to go up because it's already going up high compared to last year, but I wonder how much coins will actually get burned each day compared to the coins generated from mining. if it's only small percentage compared to the coins generated from mining then I doubt it's gonna have any significant effect, and EIP-1559 already being waited for too long the hype already fading. I'd say nothing much gonna be happening even after EIP-1559 rolls out but thats just my 2 cents.
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I face palmed so hard when reading this topic lol, such coins no need to discuss, it's gonna be a total waste of time, if a shitcoin want to moon it will after all the pump and dump cycle is already planned before hand by the whales who plays in this coin.
also, this discussion more suitable to be in gambling section, because that's essentially what it is, if ordinary coin that have real project you can discuss their fundamental and roadmap plus maybe their product with this coin, you can only discuss when moon and when dump.
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It's really dangerous token. The only shib and doge coin that can be considered as legit tokens because these have real development progress. So many meme tokens created to be scam tokens and that's the point. People didn't even know so many scam tokens in the market and they are still seeing it as legit tokens. They have no clue about what they have bought because they only care about profit.
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Maybe the holders of bitcoin are holding so hard, as you see usually those with big capital invest in bitcoin instead of altcoins and probably because people who
make small amount of transaction choose to use other altcoins because of the fee.Remember that bitcoin in 2018 was frequently used for paying things online, now most of payment gateway also accepts other cryptocurrencies that are cheap in fee
so it could boost the number of transactions but I really doubt it's because of bearish market.
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Doesn't matter, bitcoin will run just fine like it was, i'm pretty sure those who owned mining facilities and have made some big money could move to smaller countries in maybe south east asia quite easily and start new mining facilities there.
if the main reason is because the power blackout, then there's many developing countries that offers electricity due to excess of power generation and lack of power consumption. also, if the hash power decreases, difficulty automatically adjusts anyway.
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don't be too nervous man also, don't overthink the current market too much, from the perspective of early holders who buy at relatively high price, it's bearish, but in the eyes of those people who holds since 2018 or even earleir, we're still in the bullrun for long term.
the bearish market usually gonna be there for quite long and that's exactly because in most of investment like stocks, crypto, etc the market could never sustain to be bullish forever. there's always up and down and how long the market stay that way no one know for sure.
being a diamond hand holder, you should stay calm every time theres price movement.
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I'm thinking what they know about NFT is just the overhyped NFT sold for millions dollar thing that's getting a lot of publication by the media while the use case of NFT is actually many and many games actually have used NFT so the player can make transaction of NFT outside platform but each country have their own preferences I guess.
the meme tokens though, should be categorized as a gambling since it's purely pump and dump coins and the volatility far surpasses other coins.
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In the midst of a number of negative sentiments that continue to occur towards bitcoin but finally there is some news that is quite encouraging for us bitcoin lovers, according to the news after El Salvador, Paraguay is now considering crypto assets as a transaction tool in their country, and even plans next month Paraguay congressman Carlos Rejala plans to submit a bill to attract international mining companies and other crypto businesses to invest in the country, but unfortunately now the IMF (International Monetary Fund) says if the two countries (El Salvador and Paraguay) adopt bitcoin it is possible will be problematic for the economy and law in the country later  . https://www.google.com/amp/s/www.businessinsider.in/cryptocurrency/news/paraguay-could-become-the-second-country-to-adopt-bitcoin/amp_articleshow/83363776.cmsIf these countries could provide a place to build a mining facilities that runs on renewable energy that'd be great, same with el salvador so the problem regarding massive energy consumption will be resolved although actually it has been debunked few times and just an overblown issue. but yeah, the IMF will be a big problem for the whole cryptocurrency market in the future but technology like blockchain or any crypto as a product of decentralized system gonna be hard to go against, mostly they just gonna make some random regulations. |
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What kind of a big picture you're looking at?
some people said we're bullish, some said we're bearish, there's too many different opinion influencing the market, some even said that if the correction is above 50% that means it's accumulating for the next pump but no one knows of course.
If bearish could be predicted that easily same with bullish, everyone would be a bill gate, sometime the market stray away from technical analysis pattern, people seeing the market and speculate it as bullish doesn't mean they are too blind to see.
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