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Yes, Ethereum was the first smart contract platform that allowed developers to build decentralized applications on the blockchain. This innovative approach has opened up many new possibilities, such as the creation of decentralized exchanges, gaming platforms, decentralized applications, more. and ETH is one of the altcoin kings now.
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sometimes a project is made with a use case that is quite unrealistic so that this does not happen or is not realized. Sometimes there are also projects that have use cases or products that are quite realistic, but the costs are so great that again, the project will fail. There have been many crypto projects that actually tried this but failed. Only a few cryptos survive and develop their use cases or products well enough.
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To be honest, saving money in a bank has its advantages and disadvantages and there is no absolute guarantee that customer assets will not be lost or stolen. . however, if it's just saving money, then I might prefer a bank because it's easier. if it's about investment, then I will choose crypto.
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nothing beats hodling bitcoin. if you can be patient with bitcoin then you will enjoy maximum profits with it. dont go the shitcoin way or trying many altcoin because you have a small capital. it dosent usually end well. think bitcoin, it helps alot.
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The top 5 altcoins can be your target to accumulate, except the forked coins. This is generic but it works and hence it gets followed by most altcoin traders. Don't jump into recently launched coins,because it's very risky.
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Actually, Not a favorite but based on their historical price, I think DOGE and SHIB is still the top meme tokens, I’m not a fan of Meme token honestly because its very volatile and too risky, maybe there is still a chance to profit with the token and also need to do some more research before you invest in it.
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as we know it,There are people that crypto-currency has worked for them that’s making them financially better than what they were before Crypto. But also there are people who Crypto-currency did not work for them this has to do with wrong moves, over expectations and insufficient support/knowledge .
So, To invest successfully in crypto-currency you should have good knowledge and newbie investors really don’t have time for learning. I am into Bitcoin and so has it been for a long while, Altcoin is too risky for me. I check out for consistency, reviews, Market history and price.
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Talking about altcoin , there are no concrete idea of how we could find a legit or trustworthy project though we are tend to believe that there are a possible big reutrns. altcoin is fall of risk and that is not a fact but reality so better to check your project wisely as even those who are being promoted by big people sometimes end up not progressing on the top. so,find your risk and invest only what you can afford to lose.
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Yes, Social media channels for projects are normally used for announcement concerning the progress of the project, its achievement, partnerships, upcoming developments etc. It is also used for promotional activities including giveaways, airdrops etc. It is necessary for bounty hunters and investors to utilize it well in order not to miss salient information or announcement.
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We have the Altcoins seasons, where these coins hits their All time high price, we just need to have good entries in the market. This is why it is quite near impossible to have a bitcoin without having alts as well. Those things improve the blockchain world and what can be done with it and you need to accept that we need some of them otherwise it's just not going to work. I know that people are not excited about it as much as they could be, but we need to accept the terrible ones along with the good ones in order to continue.
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