If you are unsure about your choice, then choose altcoins with clear advantages, ethereum, even though the profit you get may not be as big as other options such as Chainlink, or XRP. So actually the best choice for you is only you who know for sure, because everyone has a different way to get profit in cryptocurrency.
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Not something to worry about I think, the price of bitcoin and most altcoins has gone up quite sharply in the last week and of course bitcoin correction is the main cause because we can see almost all coins turning red today. I am sure it will not take long, so take advantage of this opportunity to get back in when prices start to rise again.
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There's no doubt you've made a smart decision and you made it at the right time, because the market is currently red and you have the opportunity to determine when you get in and determine which altcoins you choose. With your decision, you have opened up opportunities for profit and you can use it to upgrade your mining rigs later.
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If you want to get a profit at the end of this year then it is too late, unless you are willing to take big risks and not much profit. Even though there is too much hype out there that believes that bitcoin can reach top prices above $ 25k, the risk of investing in bitcoin today is enormous especially the current bitcoin price has exceeded $ 19k.
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Why should altcoins? do you have some bitcoins? because I think you like wasting opportunities if you do not take advantage of your capital to invest in bitcoin. However, if you prefer to invest in altcoins then XRP and XLM are good options to make a profit, but you should be careful to monitor their price movements.
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We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum Just like bitcoin is a king on its own, etherum remains a king on its own too.
Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.
Ethereum has a very solid community, it's clear they are the superior altcoins. Ethereum 2.0 is in sight, this will clearly strengthen their position as the king of altcoins, we can see a positive movement of eth prices in the market today.
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Investments in ethereum are good, when compared to others especially defi projects. But I myself prefer to invest directly in bitcoin, especially at a time like this, the profit we will get is greater than investing in ethereum.
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Just checked Coinmarketcap and found this circulating supply data: * BTC: 18,548,487 BTC * ETH: 113,498,999 ETH
I don't think ETH price will catch up with BTC price because of this reason alone. Not to mention other issues like scalability, centralization, and premine.
Yupz I think so, this is the main reason why eth prices cannot follow the current bitcoin price, unlike 3 years ago where the circulation of eth supply is still not as much as now. This year will not be the same as 2017 for altcoins especially erc2 tokens, because indeed the current situation in the crypto world is not the same as what happened in 2017.
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For times like now, I will choose bitcoin to be profitable in the next few months, because I believe bitcoin will reach their highest price at least they'll reach their new ATH. Meanwhile, the current gold price is still very high and not suitable for investment if you want to get profits in a short time.
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It can happen, but it's not easy. Currently Ethereum is still the most trusted altcoins and indeed they are the best, especially if the 2.0 upgrade is successful. However, all possibility can be happen in the crypto world, Polka could be a more efficient choice for several reasons as you mentioned.
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Ethereum will not die, and on the contrary, it will get bigger after the upgrade. Ethereum is the king of altcoins and so far no other altcoin can match up. Including some that you mentioned, they are a long way from what ethereum has got.
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Don't expect too much, especially to hope that all the altcoins can return to high prices like they were in 2017. because the situation now is completely different from that time. Now everyone is hoping the altcoins price can get back high so they can sell them all, no more high expectations from altcoins holders, then who will buy them if everyone wants to sell altcoins.
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Very interesting question, to be honest I wasn't familiar with the crypto world at that time so I don't know how progress they made when they first launched their ICO. Maybe if at that time there was hype that caught our attention then we would definitely read their whitepaper and would discover something new that would bring about big changes in the crypto world which of course we should not miss the opportunity to join them.
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It is illogical to say that there has been no progress for the better so far in the crypto world, unless it turns out that bitcoin prices are still the same as they were 10 years ago. The existence of hacking and scam projects every year is an obstacle that hinders the development of the crypto world, but the fact that bitcoin is gaining acceptance in international startups shows we can overcome all of those hurdles.
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All eyes are focused on bitcoin price at the moment, bitcoin price increase is more interesting to watch than eth 2.0 development. If the price of bitcoin can reach $ 20k by the end of the year then $ 800 for eth is not something that is impossible, and it could continue to go up to $ 1000 at the beginning of next year if eth 2.0 develops well.
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It all depends on the moment, the present moment is a crucial time to determine whether we will benefit or we should cut losses for some of the other altcoins. So start preparing from now on, send the altcoins into the market now so that later when that time comes we only need to place our sell order.
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Some of the altcoins will have their turn to jump together with the bitcoin price, but I doubt the other altcoins we now see have no any movement because there is no increase in demand in the market. If you want to play it safe then choose altcoins that are in the top 10 at the moment, especially ETH.
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I feel that not all bounty managers have respect for bounty participants, I have experienced a bounty manager changing bounty allocations when his bounty campaign ended and gave very few rewards to participants. Those who have respect for bounty participants will not want to accept a bounty program that only provides a small reward.
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It becomes very scary because altcoins who seem to be still active both in project development and active in the market even have a chance to die. We assume that because we have also seen how many altcoins that look pretty good but are now dead without any definite reason.
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