Before you buy a coin, it is more important to analyze every right altcoin chart so that every coin you buy really has good prospects. if you are interested in buying at this time, my advice is to buy only half of the money you have, the other half you can endure and use the time more precisely.
I think buying when the red market is like now is the right thing, we can buy at a cheaper price and hold it for at least 3 months then we will get a big profit, some good altcoins right now are GOMA Finance, I bought it in early August and have made more profit from 300%, the opportunity to increase can still occur as the number of token holders continues to increase. |
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KIN in my opinion is a good coin and deserves to be held for the long term, I keep around 50k KIN and I will sell it when I'm profitable, with daily volume above $1 million so I have no doubt that one day KIN will skyrocket and enter the top 100 ranking in coinecko.
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Of course there are many differences between gold and bitcoin, as we know that bitcoin is very popular nowadays but I'm not sure it will last for another 100 years. gold is the safest investment because people have known gold since thousands of years ago, gold can be received anytime, anywhere and anyone, even 2 countries that are at war when transacting then they will use gold.
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With the development of the digital economy trend, many countries have begun to develop their own digital currencies and digitize legal currencies.
Although cryptocurrency has brought many benefits and benefits to human life, and it also gives people real freedom, there are still some countries that oppose cryptocurrency and prohibit the use of cryptocurrency. It will not replace the original legal tender as the world currency.
Although cryptocurrencies are currently very popular but I believe that cryptocurrencies will never replace legal currency, the state will prohibit cryptocurrencies if many citizens actively use it, this is because the state must be able to control all transactions and finances so as not to disturb the national economy. |
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The thing that makes cryptocurrencies difficult to get legalized is a decentralized system, when the government cannot control cryptocurrencies there will be many problems such as manipulation and of course hacking cases, this does not make us pessimistic about the future of cryptocurrencies as long as the global community is strong and continues to grow.
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Safemoon is mostly traded on decentralized exchanges and it has very low volume. It's market cap is not an accurate reflection of it's value. I can see why they would exclude it from the top 200. Market cap can be a misleading statistic so I've never really paid attention to any coin's ranking.
Although we get a lot of benefits from coinmarketcap but we must be careful and vigilant because the fact that I often get is when I want to sell coins or tokens based on references on the coinmarket it is often different. Because coinmarketcap is very popular of course get offers from coins or tokens that want to look promising. |
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One advantage of bitcoin is being the first crypto, when it became the first of course many companies had developed bitcoin so that it made bitcoin the most widely used, bitcoin benefited from the many altcoins because trading altcoins paired with bitcoin made the influence of bitcoin even stronger.
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It must be admitted that ethereum is more dynamic than bitcoin, the large number of ethereum-based tokens is certainly proof that the ethereum platform is very good to be developed even better, and now there are many large successful platforms such as BNB, LINK, MATIC and so on.
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I think staking is one of the ways we invest in the long term, but what we have to look at is how a project is, what platform they use, so that we can benefit from the staking that we do.
Staking is an alternative to earn easily compared to other methods such as trading or mining, I followed several staking programs and the results were quite good, of course, more staking will make us more confident in the development of the coin. |
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There are so many old coins that have died in my wallet, we can't set them up again because their prospects have run out, now what we need to look for in new altcoins with lots of prospects and lots of protection so that later the coins we hold don't die like the coins we used to have get.
I also have number of coins in my wallet that can be considered as dead. Through the years that have passed, I have come to accept it and learned not to let my mind linger on this lost profits because I cannot do something about it anymore. Now, I am focused on scrutinizing the projects that I get involve into and conduct forecasts with regards to the potential of the coins. Dead coins or tokens are usually owned by wallet owners, I also have dozens of dead tokens that I got from airdrops and bounties, of course we can't do anything with these dead coins, our hope is of course the dead coins will immediately rise and skyrocket so we can make them assets. |
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I have just entered the crypto market for more than half a year, and I continue to learn more about cryptocurrency and start to invest in a small amount of currency.
Bitcoin has provided me with many opportunities, brought many advantages and benefits, and helped to improve economic issues. A few months of investment has brought me a lot of profits. Bitcoin brings me more freedom, and more and more people will benefit from it.
The presence of bitcoin is an answer for anyone, I invested in stocks from 10 years ago but the results I got were not significant, maybe just like bank interest even though I often attended seminars to become a successful stock investor, after knowing crypto for about 3 years I was able to get a profit which is unexpected because crypto provides an opportunity to profit up to hundreds of percent in the short term even less than a year. |
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Among cryptocurrencies, Bitcoin is still king and dominant. Altcoins will rise with the rise of Bitcoin. The price of Bitcoin will also fall because of the fall in the price of Bitcoin.
Many altcoins are developed based on Bitcoin, but altcoins also have mature technologies. The top coins in the coin rankings have developed very well. Bitcoin and altcoins promote each other's development.
True, bitcoin and altcoins support each other because they need each other, bitcoin will not be as valuable as it is now if it just stands alone without altcoins, for me investing altcoins is more promising because the opportunity to go up x100 is easier to achieve than bitcoin, of course I also save bitcoin even though it's a small portion compared to altcoins. |
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Of course not all altcoins can recover, this is because of the devs. can't wait to continue the project and they choose to stop because they feel they get a big profit by selling all the coins they have to the market.
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Tether is a token that is made with a stable concept, so it is not affected by market conditions, Tether is certainly the best solution for those who are hesitant to enter the market so it is natural that currently Tether's transaction volume is the largest beating bitcoin. Of course, Tether will never drop or go up from the $1 price range.
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Crypto investment gives us the opportunity to profit in the short to long term, it is never too late for crypto investment because the opportunity to go up 10x even 100x is common, if we don't start now then we will think doubtful and keep hoping to buy when the price cheap, unfortunately we never know whether the market will drop later so buying immediately is the best choice.
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The existence of smart contracts will solidify Cardano's position in the crypto market, and will definitely make the competition for big coins hotter, considering that Cardano has now ranked 5th on coinmarketcap, let's see what Cardano smart contracts will show.
It's been a month Cardano ranked 3rd, of course this is good news, I'm holding on to Cardano a bit and can't wait to see Cardano based tokens shine like ERC20 or BSC, I hope to provide the best solution and make Cardano number 2 or even become the king of cryptocurrencies by beating bitcoins. |
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People of course have their own strategies, if he has good finances of course holding for the long term is very profitable, for me crypto is a short term investment or less than a year, the longest time I held a coin was 8 months because at that time the price skyrocketed up to 3x and made me impatient and immediately sold.
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In investing, of course we have to try various strategies, sometimes what other people do doesn't necessarily suit us, I often try advice from various experts to be able to profit when investing but when practice doesn't go according to plan, of course with a lot of trying then we have experience so we can determine which is the best strategy that is effective for profit.
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A few of my friends are struggling to get a job. They are in their mid-lives and the country they live in is particularly difficult to find a job at a certain age. Also, when some recovery was being noticed after the 2008 - 2012 crisis, COVID struck hard on an economy with a strong tourism sector. Meanwhile, I made some choices that landed me an stable and reasonably paid job that also leaves enough time to do other stuff that generates income or reduces my costs if I wish to do so.
What is the situation in your country and for yourself? Would you be able to land additional work for example working with crypto, selling stuff on-line, youtubing or something else?
My country's situation since the pandemic for almost 2 years has been very difficult, many companies have closed and laid off employees, I was also affected by Covid so I had to stop working, now I sell food in a shop in front of my house which is close to the market, maybe I have to be tired from selling food. when not a customer then I fill it with online. My current additional income is from crypto such as investing crypto and also being a bounty hunter. |
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Way too much hope has been put into the vaccines with no backup plans whatsoever. That makes me deeply uncomfortable but maybe I'm just being paranoid  When you try solutions that "worked" in the past today without taking other important factors into consideration, you are bound to fail. Won't be surprised if other drugs that used to work in the past begin to fail too because the makers failed to factor in the complexity and changing dynamics of world/nature. Of course viruses will develop their immune system from vaccines or drugs so that when we take the same drug the results are different, the best solution is to increase the dose of the vaccine, this is what makes the Covid variants continue to grow making it difficult for us to be free from Covid for a long time. |
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