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1421  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happened to the crypto market now? on: February 04, 2022, 12:14:39 AM
before what happened today, did you pay attention to the market from 2017 to 2020?
looks like last year's market correction also exceeded what it is today and hopefully the current correction will lead the market to a more positive direction in the future.
Good catch on what you've said, people don't realize that there's also a correction that has happened last year. They all highlight the high and the peak.
But they don't recognize it. That's why whatever is happening to the crypto market right now, they only see the high and down for the current situation and comparison.
1422  Alternate cryptocurrencies / Altcoin Discussion / Re: The faith of Altcoins in 2022 on: February 03, 2022, 11:50:35 AM
Even though the market is still red since november
We have to embrace the current market and don't dwell too much in the past because if you do, you really are not going to move on with the market. Because there are people that if they are basing it from the few months away back from now, they'll have hard time thinking if it's time for them to invest or it will lose them enthusiasm about the market situation.

but i'm optimistic that 2 or 3 more months will recover, this is what makes me always optimistic and not panicking about market conditions, even if the BNB price is below $100 i'm still optimistic and will buy more to hold in the long term.
Just keep the optimism because as an investor, we're open on accepting the situation of the market.
1423  Alternate cryptocurrencies / Altcoin Discussion / Re: Black shiba on: February 03, 2022, 09:59:48 AM
Guys, you never get tired eh?
Only those that have passion and true love for meme coins are going to invest on this. But even if someone who's really into meme coins, they might get a second thought on buying this coin.
Come on everyone, choose better projects.
1424  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bull is back? on: February 03, 2022, 08:45:17 AM
Today the market conditions have decreased again although not so much, but in indication this is good for the market because it can lure everyone to enter the market again and get the coins they want so that the next effect is a better increase for all coins
We should be used to the market fluctuations. If it moved a bit, upwards or downwards, that's not a matter anymore. What we should look at is from the lowest up to the point that it has recovered.
We can say that it has recovered after the dip has came and everyone waits whether it will be a signal for another dip or pump.
1425  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it Better to Hodl or Stake your Tokens? on: February 03, 2022, 07:08:34 AM
Impermanen loss is the risk of staking, if you do not want to experience greater risk, maybe waiting until the price rises again is the right choice. Here the risk of staking will be higher if the price of the asset falls.
That's for being a liquidity provider. In staking, I don't think that you'll be getting impermanent loss. Only if you're staking with a locked-in the period.
But with many platforms that are available there, you're free and flexible whenever you want to withdraw it and that's why in staking, there's really no impermanent loss.

There are good option to stake without lock-in period, you won't need to wait for long time to withdraw and collect your profits,

Staking gives you a good chance to increase your assets, though it's tough at first choosing which asset or project to invest

your money.

All depends on how you perceive and understand the project that you are going to support and invest your money.

Yes, just choose those that don't have a locked in period so that you can withdraw your stake or funds anytime as you wish. That's just the risk for the others to check.
And if they know that there are platforms that allows them to stake without any locked in period then that's what they're going to choose as it's the ideal to avoid risk of being held by a centralized platform.
1426  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it Better to Hodl or Stake your Tokens? on: February 02, 2022, 04:28:31 PM
Impermanen loss is the risk of staking, if you do not want to experience greater risk, maybe waiting until the price rises again is the right choice. Here the risk of staking will be higher if the price of the asset falls.
That's for being a liquidity provider. In staking, I don't think that you'll be getting impermanent loss. Only if you're staking with a locked-in the period.
But with many platforms that are available there, you're free and flexible whenever you want to withdraw it and that's why in staking, there's really no impermanent loss.
1427  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New best altcoin on: February 02, 2022, 12:45:14 PM
in a bearish market situation like this it is not recommended to buy new altcoins even though the price is still very reasonable to enter the market but research it first or choose a safe investment in the long term by buying coins that have promising fundamentals such as ETH, BNB and Near protocol
What you suggested are good coins and those are the likely cryptos that I might suggest too. And for the new altcoins, there are the traders that always check them out.
It is because they're the starters and the hype is always fresh with the newer altcoins and they know when to sell and exit from it. But I don't think that I'll be risking my money doing that.
1428  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it the right time to invest in cryptocurrencies? on: February 02, 2022, 11:20:41 AM
i think of course now is the best time to invest, now many coins or tokens are cheap and down to half the price of their average ATH.  for example, solana and bsc which fell almost 50% of ATH, these two tokens have huge adoption potential because of low fees and many conveniences provided, in the future more and more developers will adopt both networks.  it's better to buy now before the bull market because at any time it can happen.
The same with other cryptocurrencies that are also now competing as a choice for a lower fee with their transaction. Aside from that, they're also known for being a choice for building new projects.
Well, there's the small correction about BSC, it's BNB's blockchain and BNB is the actual coin where people will invest.
1429  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think BSC token with rewards in BNB are sustainable in the long term? on: February 02, 2022, 10:09:06 AM
Staking BSC tokens to get rewards in BNB I think they cannot survive for long, seems most of these offers were meme tokens. You better not to get hook with their high ROI because they will exit scam anytime they want.. so you have to be careful what you are investing or staking tokens, research the project first.
I also think of the same, it's also been seen that many of these projects have high APY. It's not always guaranteed and I think that they're not sustainable.
Maybe a few really are sustainable but if it's about the majority of them, it's hard to tell because if the volume isn't a lot, it's hard to sustain.
1430  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will cryptos go into Bull season? on: February 02, 2022, 09:02:48 AM
Many investors are very scared right now. Compared to the time of ATH, many altcoins have dropped a lot in price. So everyone who invested a few months ago is now on hold. I think the bull season will not come very quickly, we are still in the bear season. We can stay at these levels for another month or two. Then we can see huge ups and downs Smiley
Well, who wouldn't be afraid of ATHs, it is the most desired time of the market for which alts and bitcoin are in the top of its price.
Lol afraid of ATH? this is funny because All Time High is what everyone waiting either bitcoin or their respective altcoins.

it is an Hypocrite answer to be afraid of ATH.
I don't know with him but maybe there's a basis of what he thinks is why it is scary. But needless to say, we all like to see the market in ATH and that's what we're all desiring to see most of the time.

Quote
There's nothing to worry about if you hold worthy cryptocurrencies. Hold it for a moment and if you can, add and buy so whenever the next bull market comes, you've got more than it was in the past.
Depend on what you are holding because if you gamble in Shitcoin and manage to keep holding when dump happens then be afraid because that might die in some time lol.
Yes, as said, if you hold worthy cryptos on your portfolio then there's really nothing to worry about because that's going to make you confident that whenever the bull comes again, you're safe and your portfolio is likely to increase in value.
1431  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will cryptos go into Bull season? on: February 01, 2022, 10:17:20 PM
Many investors are very scared right now. Compared to the time of ATH, many altcoins have dropped a lot in price. So everyone who invested a few months ago is now on hold. I think the bull season will not come very quickly, we are still in the bear season. We can stay at these levels for another month or two. Then we can see huge ups and downs Smiley
Well, who wouldn't be afraid of ATHs, it is the most desired time of the market for which alts and bitcoin are in the top of its price.
There's nothing to worry about if you hold worthy cryptocurrencies. Hold it for a moment and if you can, add and buy so whenever the next bull market comes, you've got more than it was in the past.
1432  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new projects? on: February 01, 2022, 09:09:27 PM
I've never invested in a new project, I'm not sure about something new without any real potential in the future, lately there have been a lot of new projects but only a few have been successful I prefer to invest in old projects because I don't want to invest money in vain, we must remember that every crypto investment has its own risks, so before investing analyze it well.
Every year, there are a lot of new projects that come in. But just as you, I also prefer going with the older projects, those that have proven to be worth it with our money.
But I don't ignore those new projects that really are showing what's good with them and the potential that they're giving as another contender with good projects.
1433  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How will Coinmarketcap look in 2025? on: February 01, 2022, 08:03:51 PM
Bitcoin position will down 4th, I can't imagine that, I don’t think it will beatable in 2025.
That won't happen, we know how superior bitcoin in the market and been seeing this for the past years and none of them surpassed it.

But your prediction looks realistic in a few coins, and i would like suggest you should include BNB in the list of prediction, because you know still it’s top 4 rank coin. YFI will never reach half of million dollar in 2025 it’s ridiculous.
I agree about the other coins that he's putting at the top with those prices. 3 years from now, too many things can happen. What we see at the top now, could possibly be no longer there after 3 years.
1434  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bull is back? on: February 01, 2022, 12:18:59 PM
Those few percentage aren't really hurting but the larger ones. Just as the usual cause of the huge pumps, the momentum is already seen.
It's only a matter of time until we're going to see again that large increases after it's fully or closed for being recovered. And when that comes, make sure that you're prepared.
I am always ready for all conditions that come into the crypto space because I am basically not a new person in the crypto space, since 2013 I have seen various momentums and also various different conditions until now.
Nice to hear what you've said. You already know what the conditions are and what's possibly going to be the next trend that shall come after the dump.
As the bulls coming back, you're already prepared and you've said that you're not new to it and that's easier for you and me. But to those that are new, they should be prepared on what might shall happen but, hoping for the best.
1435  Alternate cryptocurrencies / Altcoin Discussion / Re: First Europe With Bitcoin Salary on: February 01, 2022, 10:28:26 AM
It is them, the people that are becoming smarter. It's because that they do understand that there's more to bitcoin and what they've seen is just part of its growth.
They do realize that it's still in the early stage if they're aiming for the highest that they can. As someone working with the government or any reputable company, it's a privilege to receive your salary in bitcoin but it's always a choice of yours.
1436  Alternate cryptocurrencies / Altcoin Discussion / Re: Hoddle or day trading on: January 31, 2022, 11:39:56 PM
The market showed instability, I think it is the time to hodl, for how long I don't know, but some coins went down significantly like polygon and bsc in last day,
BSC isn't a coin but it's a network of BNB. But you're right that it had fell and I saw its price from $500 down to $375 today.

and suddenly grow up or back to the last price  again, you can trade when this is happening again
Holding will do good if the coins you're holding are also good and reputable. But if they're just like the ones that have been randomly chosen and you have no idea what they are for, stop wasting your money from such.
1437  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bull is back? on: January 31, 2022, 10:40:13 PM
Yes, it's way better to see that the market has recovered from that huge correction. With at least this sight that we see, we can say that the market is getting better.
Although for some, it's not enough but you don't expect a lot when the market has dropped dramatically. We can only hope for the recovery gradually and that's more than enough if we see it happen day by day.
Now the market reversal has also occurred again with a correction within a few percent again, but it would also be very good if this correction becomes a better springboard for further increases which will eventually make the market recover within this year.
Those few percentage aren't really hurting but the larger ones. Just as the usual cause of the huge pumps, the momentum is already seen.
It's only a matter of time until we're going to see again that large increases after it's fully or closed for being recovered. And when that comes, make sure that you're prepared.
1438  Alternate cryptocurrencies / Speculation (Altcoins) / Re: There is fear in the market, isn't it time to buy? on: January 31, 2022, 09:40:18 PM
Trying to focus on LP farming on blockchains that have good fundamentals and are cheap while Vitalik fixes ETH so instead of waiting for Bitcoin to give permission to my Alts to make me rich I can just LP farm and get some gains that way.
There's impermanent loss with LP farming and it's not for everyone. Someone who does have other investments and cryptos on hold can do this without any worry.
But those that are holding their entire portfolio that's required for the LP is totally risking his assets on it with the impermanent loss. Well, it's up to you people, no guts, no glory as they say.
1439  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you buying in this market downturn? on: January 31, 2022, 08:39:42 PM
Yes, most of the high potential coins have dropped hard and I believe we have a good opportunity to buy in this dip because we never know we will get this chance again or not in the future. Cardano and Avalanche is a good coin for the long term apart from this Matic is also a good option in my opinion.
I've been seeing people buying those altcoins. There's no contradiction that I'm about to say because they're good coins that you can hope for its long term growth.
I guess these another network of projects will prosper in no time. It's just a matter of time that there will be more users for their network and as well as successful new projects that will drive them high.
1440  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 🔺let's admit it, Bitcoin time is over, now DEFI Time 🔺 on: January 31, 2022, 11:42:27 AM
Heard of it when people say that bitcoin was dead, bitcoin was over and over again and again. It's a never stopping dethroning for bitcoin just to lift up another project.
But the real thing that has happened, it was the project of theirs that became crap and forgotten by everyone.
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