From what I researched, meme coin has no ecosystem at all like just a joke coin made for the community and used only for pumps and pumps, it can be said to be dangerous. but usually coins like these will go month faster than projects that have ecosystems, but they grow impure.
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If you're thinking of investing in a newly pioneered altcoin it's going to be difficult, it takes a lot of technical and fundamental analysis, but now we've got coinmarketcap there you can see coins that the community already trusts a lot. Be careful with new projects, as many rely solely on fomo and then leave their projects.
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I also think this is a trend down, as I saw from a well-known youtuber predicting bitcoin is already death cross, but I'm sure it won't be worse than 2018, I think 2018 is the worst time in cryptocurrency history and don't want to experience the same event.
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You have to learn more about technical, because it looks like you see fomo looking up quite high, in crypto there are always ups and downs, even though the price of eth is very high, there is definitely a moment that will come back down as low as low, and up again, I usually also use fundamental analysis for the long term.
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Lately I see the movement of altcoins is very similar to bitcoin, it always follows, for example bitcoin drop, altcoin soon catches up, and vice versa if bitcoin there is a flash pump then sideways in a short time, where altcoins start to rise, this happens within a few months until now, maybe you can see it,
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I understand how you feel, how you are currently experiencing it, because I am also a fan of airdrops and campaigns, not infrequently always subjected to fraud, it's like a normal thing, This time I really research the project well so as not to repeat, even so I will not give up even if deceived, because we as campaign participants or airdrop hunters there is no protection by any party , that's a risk we have to accept.
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Everyone has different things when I meet bitcoin, it's nice to hear that, I got into bitcoin because I wanted to have an income, and now it's been 4 years here, it's fun, in addition to earning, also getting knowledge and community.
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bitcoin is considered buble because of the speculation that exists in bitcoin, it seems to me absolutely, benefiting from speculation of bitcoin as if bitcoin is a worthless coin, but here we all always judge bitcoin from its technology, because there are still many ideas and concepts that can be explored from this bitcoin.
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Investing in bitcoin, because I love the technology it's used to, and everyone is currently learning for it, I believe it will be a bright future, it makes me always want to invest in bitcoin.
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Code: Bitcointalk Username: the rise Current post count: 1567 Merit earned in last 120 days: 0 ETH wallet [Address Must be from MetaMask wallet]: 0xCD2cc6851E86eaEd6f8FEEd6c73b3Ee378e3921d
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there is a truth, I also see that, bitcoin has many real drawbacks, and below bitcoin today there are still many much more powerful cryptocurrencies, it's just that bitcoin is always supported by the entire cryptocurrency community and the whales. Whatever the coin community today, it all comes from bitcoin, which is why bitcoin is so powerful. And I guess bitcoin will never disappear or die as long as the internet still exists.
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I don't think that bitcoin is perfect, due to the fact that there are still many shortcomings that exist in bitcoin, but what makes bitcoin interesting is the new technology it uses so many of the smart people, companies, entrepreneurs want to combine their industry with existing technologies like bitcoin. It looks like perfect.
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Some factors make them think badly, some of them also definitely want to buy at their price, there they think by slandering bitcoin they can buy at a much cheaper price, but some of them are people who only hear bad news about bitcoin without learning it more deeply.
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I think bitcoin has been traded all over the country for a long time, so bitcoin has communities all over the world, but some countries may ban its distribution at the moment. And not all cryptocurrency markets exist in every country, even if it exists then it is not necessarily also effective, we often trade on binance. I'm sure everyone trades in binance.
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Per my opinion it is hard to become. Banks and economy and every economy big fish want to have control of money flow. I am wrong maybe, we will see.
I don't think you're wrong, because every pope always wants to signify the market, and that's happening to bitcoin now. Like when Elon Musk supported bitcoin, then he manipulated the market. That is one of the truths you say, I think this is the weakness of the decentralized system.
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I guess that will never happen, even if bitcoin becomes the top he will not be the center of the whole world, there will still always be backups of fiat. I just agree bitcoin is a testament to the progress of a centralized fiat system, they have a decentralized system. and a technological advancement.
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It looks like there's no purpose, if burning a coin before it's listed is made up how does it create hype? because so far burn is the most effective way to make the coin fly to the moon on condition that they already have an exchange to trade.
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With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.
The problem is Elon Musk is now starting to get distrusted, how will this trend continue? I think there have been a lot of people who are disappointed that Elon Musk's fud spread about fossil fuels has an impact all including meme coins.
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Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.
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