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Very good news. I think europe is very supportive of the growth of cryptocurrencies. India has recently declared a tax on cryptocurrencies. It looks like this is a green light for some regions for cryptocurrencies. This is a good sign for the foreseeable future for cryptocurrencies.
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We always earn in staking, income is calculated by DeFi farming rules which are very similar to the POW method but we only put capital alone. Without buying mining machines, the risk is impermanent loss or we will lose even though it benefits in value because the forecast price drops considerably.
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I don't know too much about the history of cryptocurrencies just knowing that bitcoin is the first and at any time it will still be number one. However, some rumors that I get there are saying namecoin or litecoin is the first coin created. Or the first altcoin. Bitcoin may not be an alternative.
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I left too many successful projects, even this year I invested a lot to lose, my hope is that in 2022 I will get a successful project to reach the target. In 2022 I'm sure we'll see a lot of NFT, DeFi, game projects that will be successful. The end of the year is a discount I'm sure buying now is a discount.
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There are actually many coins that you can invest in in the long run. My recommendations are BNB, SOL, polygon. These 3 coins are excellent network-based projects to invest in for the long term without hesitation with their potential, all three are already proving that they are great.
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I'm sure the BSC will still be used by many people. Yes, ETH may be cheap and gas costs go down but it's temporary. While BSC has the advantage of being able to accommodate more transactions per second than the ethereum network. What could save ethereum right now is ethereum 2.0 which doesn't know when it will be released. We hope it will be in 2022 soon.
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This is an investment with high profits. Yes, I know it's very risky but thank you for sharing it with us. I'm sure we've all been researching before we joined here. Very happy with the project that gets a big return.
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I guess the end of this year until Q1 is a bear market, you can save whatever you think is potential for the future from now on. I'm sure by the middle of 2022 we'll see tremendous cryptocurrency from this year. This is my prediction, then my own prediction if not sure.
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That's why NFT is so expensive. Usually NFT is created limited with different variations. So far I've researched NFT games further. Where NFT is a game item in the form of characters or other attributes that we can buy or use in the game. NFT was also created with an unlimited supply but has many variations. For example, in the infinity axie game, the more expensive AXIE purchased character parts will be better and stronger to fight.
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Realistic usually if you are in the right market. Suppose we want to make 10% a day of capital at the moment when the market is bearish is unrealistic. But when our market bears only moments for example when the project will have an event in a few weeks we will take 10% when this bear market is realistic. It's just about market conditions.
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I think there has to be a strong reason how we can get in usually we see this kind of coin can only be hyped once. This is dangerous because like who first bought him first who came out buying at the end is the same as throwing your money. I'm not saying your project is a scam, but stay wary of investing in bsc coins.
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I don't think the NFT has been taken too far. In the next year there must be many new projects that bring concepts that collaborate with the NFT concept. There's nothing bad about the NFT concept so far I think NFT is going to be a long trend. Even so far only NFT games from axie infinity are successful, in the next year maybe we will see a lot of new concepts with NFT.
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Investing here is too risky I believe investing in the top coins has a definite advantage of the scale of capital owned. And its potential is also more visible than a new project. But, if you are an analyst you certainly understand very well about coin research. Great profits await you. Take the risks of each.
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I guess his pancake community maybe the one you're following is not official. Usually if indeed pancakeswap groups managed with professional admins certainly will not happen this kind of thing, you have to be careful, I'm sure there are always scams even in big projects like pancakeswap though.
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Since NFT became a trend that makes cryptocurrencies become up many associated with games. Making a new concept that is pay to earn (p2e) is where players can earn with the game itself. And now ubisoft will soon launch the p2e concept.
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Now that ethereum has reached 4k I believe potentially to 6k in the next bull. Even 10k if ethereum properly handles the issue of high gas costs or even ethereum will upgrade to 2.0. The right time to buy is right now because the market is in year-end discount.
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It seems like investing in blockchain network projects is more potential for the long term, I see like SOL and BNB very well to invest in. And now that I'm starting to monitor AVAX and MATIC to put investment funds in there I'm sure it will be good for the long term.
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I prefer to avoid it. The meme trend is tantalizing but the risks are comparable. I've seen many of my friends lose their wealth instead of becoming rich because of the meme coin trend. I just felt the dogecoin trend and took a little profit.
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