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as long as crypto currency keep existing, so what i just think is that care need to be taken while taking decision on any coin of choice, because most project that become shitcoin some of them are legit at inception, they become such due to improper plan, though some project are real scam project.
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they are alot of them 'crypto scam' beyond what you can think, even though everybody start list them all cannot be mentioned, so what i think is that one should be very careful in any project one feel like venturing into, and consider all necessary things teams, white paper, roadmap and the likes, and slow to take decision in other to take proper one.
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Base on the current situation and current trend, No, but later it can still be yes, because the gap of difference between bitcoin and altcoin is quite big, the rate of acceptability of bitcoin in the country in the world is much more than any altcoin, because is some country its already regarded as money. Though is possible but not now.
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though you are right, not everytime a fisherman put is hook in the water he/she catch fish, but as human we need to complain, even though we want to overlook it, our mind will still be there, but what i think is that when such things, we should not allow it to weigh us down too much and press on.
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ah, Capital No. the creator of such project did not have anything at stake, because most time any new project created by newbie are always scam project, so my little advise is to do extra ordinary research before investing, but with what am seeing in the thread the did not have future.
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Die, dont so, because with the look of things now, it demand is high now and many new project are living on it blockchain, eth dieing is not coming soon, because it relevant in crypto world cannot be under estimated, and is need is rising day by day
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i belief every project that has good basis, it coin will always survive even though in the bears, so with the current trend don't think the market is coming down very soon, though the only thing that is constant is change, but dont see bear coming this or nexr month, the aforementioned can still survive eth and ripple
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in crypto there is no limitation for any coin, the price of a coin is determine by force of the demand and supply, basis of demand is determine by the value that can be obtained in the project that issue the coin, so BNB is own by a big exchange, which can influence it demand, so $300 can be the starting point for BNB
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a price of coin is not determine by a single person, its determine by force of the demand and supply, so the price of Doge coin is not over price, because it attain the value, due to people demand for it, if it does not have uses people will not demand for it. so to me its not overpriced.
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One funny things is that, i did notice this until tonight, what i felt or thought is that almost all coin that is thriving now they are paired with ethereum and bitcoin which serve as the basis of his offshoot in price. because the rate at which both eth and bitcoin is rising is beyond reasoning
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altcoin is safe investment to some extent but not all, the major altcoin can be regarded as safe investment to some extent while the fresh altcoin sometimes cannot be regarded as safe investment due to the pioneer wrong motive and objective sometimes.
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what do you think before the rate at which crypto is rising this days is quite fascinating, most people want to benefit from at all cost, for them telling you that am not surprise they just want follow the current trend of things now.
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The major determinant of altcoin price is Demand and supply this is influenced the market acceptability of the coin, this is base on what the coin is really offering to the public, which can be regarded as intrinsic value.
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One thing i know about altcoin is that whenever it want to crash their is an existence of rapid increase in price which is mostly pump by whales and their is an immediate fall in price, most times when veteran investors notices this they dont buy from whoever that want to sell, this somehow lead to reduction in demand, that is the scenario have seen
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what i see in crypto market is that market can be easily influence by major market trader, so with that picture everything can turn around for Doge, Elon is a major trader and investor so he can easily influence anything.
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This has been my major concern too, but i meet my crypto mentor he told about one binance escrow stuff, have not tried it before, but i thinks that can help, but as a matter of fact i cant see the reason to ban cryptocurrency
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Considering the current situation of things in the world of crypto Bitcoin and Ethereum are both fast rising coin but the rate at which they both rise is different it can be said that Bitcoin rise geometrically while Ethereum rise arithmetically. so left to me will pick Bitcoin first.
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They are a lot of stable coin but the one am familiar with is Digital gold token and USDT, because i regarded as money due to it stability in value and they tend to stand the test of time i.e they tend to overcome the cryptocurrency major problem which volatility which is mostly cause by forces of demand and supply.
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They are lot of promising coin, their is a coin i am looking forward to Youc, Tozex.the way they are rising now its amazing, many more. though those coin are new in the market, but when considering time of existence XRP and some other coin can be considered.
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