The fact that a project conducted ICO, IDO, launchpad etc to fund such project does not translate to scam. The scam will start when there is no transparency, no accountability and the team are not known! Most successful altcoin today started with fund raising, ethereum, bnb, eos all raised fund and they have been successful so far!
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Telegram is a good platform for building community for project, but the amount of bots created specifically for cheating is staggering! There is a lots of impersonation going on in there also. I think i haven't found an app like telegram yet apart from discord etc.
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These two coin are very promising coin, promising in the sense of uniswap been the best governance token for uniswap Dex and ecosystem, polkadot is also another trailblazer with promises of interoperabilty of different blockchain! These two are working toward their objectives and I think they will survive!
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When people FOMO into a coin, it is purely emotional instinct and it could lead to emotional rollercoaster ride! Fear of missing out get holds of people when they see price going up and they thought to themselves how they don't want to be left out! The best decision during price action is to watch or leave except you are familiar with such coin, don't get suck in, you are likely going to lose!
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Bitcoin cash is not original bitcoin though, they like to confuse newcomer with it's name as bitcoin on it's website. I think all the fork of bitcoin should remove bitcoin appellation so people will be able to distinguish legit bitcoin from those copies! Ethereum is definitely a coin of choice as it's unique and original with a lots more features than bitcoin cash!
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Ethereum is likely going to be the first big cap altcoin that is energy efficient! This will attract big investment and demand for ethereum network! The passive income inclusion as a result of network upgrade from proof of work (pow) to proof of stake (pos) is another bullish signal for ethereum value in the future, there will be gradual price increase of ether in the coming days and months!
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Tron is good altcoin so also is zil, these coin have been growing gradually and developing for some time now. Swipe has been bought by binance and is doing well. If I were to recommend which to buy out of the three, I will choose Zil. Ziliga is up to something good, Zil developed it's blockchain before it become popular for project to go for their own chain. Zil hasn't rise as well in value, I will put money on Zil!
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Ethereum remain promising as the new network upgrade and staking and burning of supply is really getting investors excited about the possibilities of ethereum network in the future. And as for reaching ATH again, that is not impossible as ether has been rising in value steadily!
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Absolutely! When you stake, you a stand chance of increasing your coin and staking a coin like ethereum is good for the network and security of the platform! Staking is win win for everyone! Just make sure you are staking with the right website and you should be good!
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I think the current high gas fee is due to traffic on the ethereum network. Ethereum network is supporting a lots of projects and ethereum platform is preferred by the developers and investors alike. When traffic become low, the gas fee will be low as well!
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Ethereum creation was greatly influenced by bitcoin as you can see the success of ethereum network and growth look similar and effective like bitcoin, but they are not the same. Bitcoin is low in supply but ethereum is unlimited until recently when London folk on ethereum is beginning to burn ether supply! Bitcoin value is still growing and this will remain for a long time!
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Ethereum, Axie infinity, bnb.The positive trend have started but the bull market is not here yet. I doubt if market will recover fully. It's only when market recovers to it's ATH or very close to it that the bull may ride aggressively otherwise, market might stall for a very some time!
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One thousand dollars can be a good amount to start, you must first define your objectives as regards your return on investment. Do you want to invest long term or short term. If you are comfortable investing long term, you should consider 80% in bitcoin and 20% in Near! However, if your objectives is short term, ethereum and quality defi coin we be good!
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It's already happening. A country in South America El Salvador was the first country in the world to officially adopt bitcoin as legal tender! Bitcoin is going to be adopted by more countries in the future especially those country that are having hyper inflation. As for the fiat, fiat will still be very much around and both bitcoin and fiat will remain!
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There are might be imitators who will launch your ideas as if it is their own. It might also be possible that someone will create a token and name it exactly as yours. What is not possible however is someone injecting their token in to yours or the services you provides. This is not technically possible!
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The slow economy is not peculiar to America, it is a worldwide phenomenon. Covid-19 have done more damage to world's economy, and this is why Cryptocurrency is very important at this moment and might help a lots of people out there. Governments all over the world will be printing more money to curb inflation but Cryptocurrency can not be magically printed!
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The core reason why Cryptocurrency is popular and preferred among many people is the issue of trust. And when you talk about trusty ou can not but talk about decentralisation, immutability, be your own bank. Ethereum is one of the most decentralized altcoin in Cryptocurrency, bnb have 21 validators on it's network, you can now judge for yourself which coin is better!
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Cryptocurrency market is like any other market, there are times for boom and burst. The up and down Cryptocurrency prices is anticipated by investors and traders alike, so there is nothing new! The important issue here is to have a plan and stick by your plan no matter what happens in the market!
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Some old coin tech and support are not longer relevant in the Cryptocurrency market and the fact that lots of new project have been coming up with very innovative ideas and product in Cryptocurrency. This new development have relegated old coin and made them less competitive! However, some of the ideas that started old coin are still relevant today!
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Bullish sentiment may be over in Cryptocurrency market, but I know the hype is not over, Cryptocurrency hype just moved to another trend, NFT! There will always be hype for those that want to cash out of Cryptocurrency opportunities, the experience Cryptocurrency traders know out to take advantage of that!
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