This is really ridiculous, elon himself didn't force even a single soul to follow his investment. So basically suing him is actually isn't a thing.
Moreover shitcoins has always been being called as gambling, I think anyone that invested in shitcoins know that, but alas only then after they are losing they realize that kind of warning before hand exists for reason.

It really depends in your capability of managing each ones, if you find it like wasting of time diversifying too much of your investment into these various altcoins then maybe you should just stick with lesser amount of altcoins.
sometimes having fewer diversifying could also be good since you're in better control of your investment this way, also if the altcoins of your choice are mostly of a great quality, then you gonna have better return than having various altcoins investment and most of them are that of bad quality.

the high gas fee was mainly caused by the fact that ETH is really popular, I couldnt see it destroyed because the gas fee is high because it's quite the opposite.
Also, the other self proclaimed eth killer was currently having quite the gap in terms of market capitalization you could say that they are hundred billions off from becoming a real eth killer in terms of market capitalization, so the conclusion is
ETH gonna be here for a long time, since the ETH domination is still huge.

Its right that bearish is the right moment for laying foundation in the upcoming bullish run but I very much doubt the bearish gonna lasts that long, at best maybe we could see bearish fading in mid 2023 that is next year although at the end of the day it's all just a speculation.
I'm sure that the current bearish only temporary, and I refuse to believe that the bearish gonna lasts for more than 2 years thats just ridiculous, since the bearish has already going for so long honestly.

Meme coin in a nutshell is just a coin full of manipulation where the volatility and fluctuation is rather high, that's why it attracts many traders.
some people think they could outsmart the market manipulation and making money off it meanwhile in reality that's not true at all, considering the fact that the ones that initiated manipulation of memecoins usually ended up with humongous profit.
so basically if you want to keep your investment safe, don't invest in meme coins.

the first time that they left their luna classic anyone should know that their newly made luna just gonna decrease in value since most of the faithful holders have lost their faith in this luna.
the value going down is like really obvious, after trends fade, surely it will go down even further, now it's just fluctuates a lot because the trend is still intact otherwise it's just gonna become another shitcoins.
I'm sure most of holders have moved their investment and asset in something like BNB and ETH that already could be guaranteed gonna be giving back some kind of ROI unlike LUNA

I honestly couldn't see a bright future for most of the game tokens since most of the team that develops the game are having mindset that revolves around growing its market capitalization because by that they could make a quick return of investment.
despite having a shitty game they just don't care most of them are just all growing the valuation of the game based from giving away huge rewards that will become unsustaining in the future and then collapses the game itself.

the thing with smart contract blockchain, it could be having its technology outdated but you couldn't deny that the platform could just have another trend that could make them relevant again in the future, its just matter of time until we have found another innovation for smart contract based blockchain.
although there is always chance that ETH could be destroyed overtime but that's just the unique characteristic of smart contract blockchain for investment nowadays.

it has actually happened frequently, so many traders out there getting greedy and missed the right chance of realizing their profits.
These kind of greedy traders think their asset gonna grow everyday for eternity but that's really isn't the case at all, correction is always there for any altcoins that has gained tremendous valuation so far.
even bitcoin always gonna have correction, therefore if you think you have made quite the return of investment it's always great to make decision of realizing your return of investment so far.

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none of any smart contract blockchain out there could become a real ethereum killer for the simple fact that most of them are just trying to modify ETH and add some falvour into it.
nothing significant other than reducing the gas required that has become fundamental for newer smart contract project as of now.
even this reduction in gas is like illusion because if the smart contract eventually become more and more famous the gas will definitely going up just like in ETH since this gas fee problem isn’t solved fundamentally.

this is the thing with any stablecoins that has the same model like Terra USD. it’s just not sustaining, even the slightest market movement like the current bearish that could cause market disturbance already puts these stablecoins in such a bad state because lacking the liquidity that it should have reserved.


well they should have reserved double the amount of the current reserved liquidity needed for overcoming this hurdle otherwise their valuation will just decrease as the masses has finally lost its trust against all these algorithmic stablecoins.

the current bearish goes to show that there is definitely a lacking in the system of all these algorithmic stablecoin as they are not good enough in going against the wave of the market, bearish and all these stablecoins already have such a bad time overcoming the current condition not to mention that so many people are panicking because they are holding an altcoin that was supposed to be stable but turns out it’s not at all.
their supposed reserve value has decreased in value more than 50% surely that gonna put anyone that cares with the well being of their investment into an alarmed mode because it’s not some measly amount at all.

cryptocurrency all in all is a crazy profitable investment but most of us gets distracted with its volatile nature that makes us doubtful in investing.
even though if we see the bigger picture here the valuation of most of cryptocurrencies are always going up in the long run.
right now we are in the bearish market and i could see the reason why most of us are rather hesitant in making an investment because seeing our investment going down in valuation is kinda hard

it seems after all NFT has gotten implemented in various field left and right like you can see how many big companies out there are trying hard in implementing NFT in their platform like samsung, etc.
it’s no wonder if NFT is getting foreseen as having 35% growth in the future in terms of market capitalization. although this bearish market could very well destroy that dreams if btc goes below $20k
i’m sure so many NFT project will become a dead project and that I doubt could help with the 35% growth.

that’s exactly why it’s advisable to stake in already famous and reputable platform.
the risk of losing our investment due to contract breach just isn’t worth the tremendous APY any platform could offer considering the fact that there are staking platform that becomes irresponsible after there is contract breach that incur tremendous
amount of losses.

just imagine having offered big APY just to see that the platform it self crumbles because of its own mistake, i’d definitely prefer normal APY that could at least offer reassurance that the staking won’t become messy later on in the future.

so in a nutshell it’s just a natural elimination basically the only project left are the ones that are basically can be considered “good”.
I’m sure that in the future we’ll see more and more smart contract platform that currently are considered as one of the most promising investment getting more and more underwhelming.
instead, i’m thinking that the metaverse gonna make some great increase in term of market valuation because most of the metaverse project gonna end their beta phase.

just the usual shitcoin but more advanced I guess, i’d usually just ignore any of them altogether as they held no importance whatsoever in my investment and also because they have very little value.
regardless the taxation thing that you mentioned is just utterly ridiculous, I could see the reason the dev behind these rewards altcoin project are sending their altcoin everywhere like crazy because they want to increase their altcoin
value by forcefully taxing its holders.

just find some metaverse that has rapid development and also still has the market capitalization below of 1 billion they could score great return of investment once the bearish settles and turns into a bullish run.

the thing with holding altcoins other than trash coin and shitcoins are that it requires some kind of patience from your end and usually it wouldn’t end well for most of people that are already used with holding meme coin for really short term
but surely amid the bearish market these days there are so many great altcoins that are heavily discounted you could start from there.

there is definitely bigger picture behind the NFT technology that some people just overlook, there is the underlying technology that’s revolutionary and many more.
it’s just some of these pessimistic people aren’t really fond of new technology and just consider new technology as some destructive, useless thing
after all some people just fears that they gonna get left by the technology and can’t catch up so spouting nonsense like trashing on new technology like NFT is kinda their coping mechanism for that.