Since the day I entered the crypto money market, many ethereum killer currencies have been introduced. people said the ethereum killer will be a lot of money. but, until now, no successful crypto money has emerged as an ethereum killer. and I don't think any cryptocurrencies will emerge after that, ethereum killer. Ethereum is very strong and it is very difficult to be a coin that can destroy it.
Don't be surprised at the words of other people because I have also come across stupid words from other people who say in the crypto space there will be coins that will kill Bitcoin, but until now it has never been seen and even Bitcoin is getting stronger at the top. |
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actually you can buy and take advantage of the situation to take a short advantage of the current fomo, bnb rose to 600 from 50 $ maybe because many eth users switch to bnb because fees are very expensive. so you can take this opportunity.
Yes, that obviously makes sense because the price of ETH even before the correction occurred had a very large increase so that it could affect the amount of expenditure on Gas costs when we made transactions through the ERC20 network. |
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To get a big profit, of course it depends on what coins we trade or invest in,
what is clear is that all of them have their respective risks,
and before trading or investing coins make sure we do some analysis and research on coins
Yes, it is very clear, but in conditions like now not many people dare to trade and invest, because these two things also still depend on how the market conditions work. |
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I don't think ETH gas fees will lowes in the near future. But I believe when BNB price is equal to ETH price, the gas fee of the BSC network no longer be as low as current. Gas BNB can be equal to or higher than gas ETH.
True, the cost is only influenced by the unit price of the token itself, just like the transaction fees on the Bitcoin blockchain network when the Bitcoin price is at $ 60K in one unit, so the transaction costs will feel expensive even though the number of digits that must be issued is still constant same. |
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Crypto currencies have no doubt until now, whoever is involved in them still has wealth, but I don't believe that full wealth can come in such a short time. because it takes hard work and patience is the key to success if you want to be rich in crypto.
True, every wealth will not come in a short time, because in general everything comes through a mature and logical process, because luck only happens once and not to the same person. |
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A major difference between investing and trading is that investing focuses on long-term gains while trading is concerned with short-term profits. The stock market pays close attention to share prices, but trading is focused on short-term gains.
Yes, it's only a small difference because both of them are both to reap large amounts of profit, so there is no difference on a large scale, but they always have different risks. |
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There are almost 500 projects being built but the list is really not impressive. It sounds just as unfinished as competitors and this one seems to be filling a niche that could easily be filled by others. Maybe there is something here but I assume that there is a reason that you can earn more staking here than you can elsewhere and it is not because this is the best investment idea. https://polkaproject.com/Do you have to look at the 500 projects now? because in the past there were also many projects that were of no use at all so there was no need to be seen and thought about, because there are still projects that are worth seeing and thinking about now. |
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we are in the cryptocurrency reincarnation market.
So what's the best thing to do with this cryptocurrency reincarnation market? try to give good advice to everyone now, because now there are many people waiting for the market to recover. |
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Coins such as Polkadot, Cardano, Uniswap, BNB, Ripple are, in my opinion, worthwhile projects. There is always risk, yes, but I think the most logical and promising coins.
Yes, all the coins you mentioned always have the potential to bounce back after the market correction is over, but at the moment everything is still seeing a decline and I also hope for a price increase in the near future for these coins. |
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Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
Polkadot is currently in the top 10 coins in the cryptocurrency market, it shows that polka dots have good prospects for both short and long term investments, but if you want to try polka dots in the long term you have to be patient because market conditions are in a bull run, Yes, polka dots are really good Altcoins to have, both in the short term and in the long term for those who have extra patience when it comes to investing, categorically polka dots are not bad Altcoins for everyone. |
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The side ways movements in Bitcoin presently is called consolidation. With my experience in trading, this is an accumulation phase, where the market makers accumulate before a major move (expansion). It's just that the major move might be a sell or a buy. Let's wait and see what they are up to
Yes, now is indeed the phase where some people are waiting to make some purchases on Altcoins and Bitcoin, because when market conditions start to recover and move upward, it will be very difficult to make purchases at that time. |
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Seeing that the current price of ETH is increasing, it is unlikely that gas costs will go down like it used to be, and now many new projects are starting to switch to using the BSC network, I also hope that there will be other alternatives to overcome the currently too high gas fee costs.
Yes, and the new project developers who are using the BSC network for their tokens are just minimizing excessive gas costs when token distribution is done, so they prefer the BSC network over the ETH network, which however won't make ETH any worse. |
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yeah, it's really very disappointing for sure. but I think if that's what I experienced then it is a risk that bounty hunters must face and can be used as experience in sorting and selecting future projects.
Right, but I see that at this point in time there are several projects that are indeed good for bounty participants to hunt down, although the results can be different, but if the token price can last for a long time, then the potential profit can be very commensurate with the time given by the hunters to the campaign. |
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Investing and trading are two different things. But I think investing is more easy and less risky than trading. Because you don't really need trading or price action knowledge to invest in an altcoins. All you need is to research and pick a good coin to buy and hold.
Actually investing also has a big risk if the coins we buy and save do not have good price movements in the market, so it is necessary to choose only certain coins for investment, and this is certainly different from trading because in trading there are many coins that can selected to make a profit within a certain time. |
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However, to invest in shittoken in bsc, you need to do research on smart contracs. I have experienced a loss because the token I bought turned out to be unsold. apart from that there are so many tokens that are scam. You have to be prepared for the risk of big losses or even losing your money if you invest in tokens in BSC. high risk high return. the benefits you get are also large
This means that in essence one has to be more careful if someone wants to invest in tokens on the BSC platform, because there are many scam tokens so that the risk of losing will obviously be greater than the profit. |
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Me too，i am also the same time. I had received a lot of airdrops token in 2017, some of they had their shining moment, the price is very profitable, but i did not do any operation at that time, and now they all back to 0. I regret very much.
Never regret the actions we have done in the past, because most Airdrop tokens in the past are not suitable for long-term storage, because they do not have good development on the part of their own team. |
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Is it true that ethereum 2.0 has been officially launched? I haven't seen the update right now even though I monitor ETH prices all the time. I can only be sure that when eth 2.0 is fully implemented, the price will go up drastically
In general, it has been launched, but the implementation has not been fully implemented so that the updates are not very visible, but in terms of price, hasn't Ethereum experienced several ATH times this month by passing the $ 4K mark for one unit? |
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The idea I did is invested like small money (50$) in some small coins... And you really need one to do good. I got 20k Doge couple of years ago for some change money and look how good it did. But most of those coins don't do well, have that in mind.
Wow, this is amazing, because with 20 thousand Doge coins at this point someone can become a very rich millionaire, because in the past Dogecoin was really not worth anything at all so many people throw away Dogecoin without saving it at all. |
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Looking at the current state of the crypto market, it seems that trading and holding are very profitable. My own personal opinion is that training is going to benefit the most right now. So I'm focusing more on trading now.
Almost everyone is now focused on trading, because now is the right time to always be in the trade for profit, especially now that the conditions are still in the market correction stage, of course it would be great to make some purchases. |
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It's inevitable, Binance Smart Chain is growing fast and already there so much traffic on the BSC protocol. BSC already becoming expensive, previously under dollar but nowadays charges over dollar. As more BSC going into mainstream and BNB price soaring up transaction will more costly.
Yes, and over time it will be almost the same as what happened on the Ethereum network, where when many people and new project developers are using the Ethereum network, the transaction fees on the Ethereum network will instantly become more expensive even though there are occasional decreases. |
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