It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
all altcoins depend on bitcoin, even though during a bull run altcoin prices can go up thousands of percent while bitcoin is lower than that. eventually bitcoin is the determinant of the ups and downs in the crypto market.
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Dogecoin is pump and dump coin by Elon Musk and I suggest select valuable coin that Dogecoin.
Why not BNB ETH DOT MATIC and LTC I think these are coin that may last for long race than those you mentioned earlier.
the answer is very easy because Dogecoin is decentralized really well, especially when Doge was still at a low price and ELon Musk bought it and what happened was Doge experienced a spike in Holders, one of their biggest holders was Elon Musk, this is why Doge is a coin that is very popular with everybody, when Elon tweets it then Doge goes up. but does doge have any use cases in the project, i also don't know but for someone like elon musk, it's huge.and he can make doge look good and the usage maybe can be combined with his company.example pay something with dogecoin.
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Select a cryptocurrency wallet that supports the type of cryptocurrencies you want to accept. Wallets can be software-based (on your computer or mobile device) or web-based (hosted on a website). Examples of popular wallets include Exodus, Trust Wallet, and MetaMask. but if the scale is small and not too big you can use mediocre payments, but if your goal is to make very large crypto payments then you can use that.
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Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?
there is so much bad news right now, so I'm still confused as to where this riot is going on. so fud will continue as long as this economic stability continues. maybe for now waiting could be the most appropriate choice.
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People will take advantage of the situation a lot more now because of Elon Musk's significant impact on the cryptocurrency market with his comments. Many of Elon Musk's admirers have always seen that he has created a mess of the cryptocurrency world. Despite the fact that the price increase mentioned in the tweet is just temporary, if we can seize the opportunity to join Elon Musk's enthusiasm,
I understand that Elon Musk's comments regarding cryptocurrencies, particularly Bitcoin and Dogecoin, have had a significant impact on the market. It's true that his tweets and public statements have led to both positive and negative price movements for various cryptocurrencies. While some people may view Elon Musk's involvement in the cryptocurrency world as disruptive, others see it as an opportunity to capitalize on market fluctuations. It's important to note that the cryptocurrency market is highly volatile and can be influenced by numerous factors beyond a single individual's comments.
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There is nothing much over here what you should do now is to utilized this chances of the bear to fill your bag, i don't believe Algorand would be dead in that manner. I guess it will recover but for me if you are holding enough volume of it there is no need buying more instead you may buy other altcoin which you think are likely to give you some good profits within the next 8 months to 1 year.
Everyone knows that when a bear market occurs we should fill our bags, but the problem is that our money must still be used, or it cannot be used entirely because of necessity.
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Staking is a trap for most tokens, the team will lock your tokens and will keep diluting you until the value become valueless, I made this mistake before and won't do it again, as more tokens are released to the market, people will take it and dump them immediately on the market and the price will be suppressed, some tokens have good tokenomics to protect token holders but most of these projects have a very bad designed tokenomics, I remember stupidly buying PathDAO tokenduring IDO and staked it after the IDO, the price never went above the listing price since day one because the inflation was so high and people keep harvesting these tokens and dump them immediately on the market.
I understand that you've had a negative experience with staking tokens and have concerns about tokenomics in many projects. It's important to note that the cryptocurrency and blockchain space is still relatively new and evolving. While there have been cases of projects with poorly designed tokenomics or teams that have acted in a way that negatively impacts token holders, it's not a universal truth that all staking is a trap or that all token projects have bad tokenomics. Tokenomics refers to the economics of a token, including factors like supply, demand, inflation, deflation, and distribution mechanisms. Well-designed tokenomics can provide incentives for token holders and encourage participation in a project's ecosystem
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I will wait for the next bull run but not for memecoin, what is needed here is the quality of the project. memecoin and projects like that only survive when there is fomo only. when there is no fomo such projects will not last long, not all meme projects will end well like doge and shibainu.
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are they doing this on purpose to make the market go down, if indeed binance is down. this will have a huge impact on the crypto market as binance is the biggest crypto exchange right now.
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never rely on what you are reading mate instead believe in your instinct and your deep research because it is your money and not ours. even if OP says he bought those coins will you be able to buy with them as you said it is stable in price? try to invest in more valuable coins than this one lol. GNT and BAT seems to be stagnant coins so try to keep out of those projects.
You said researching does matter? And what if he already conduct his own research from a reliable source? There is nothing wrong with that but what is wrong is to fully rely on our instincts because doing so is like playing a gambling. You can get it correct and sometimes not. We shouldn't invest based on what others think like for example if the op bought those coins, we think it will also a good idea to follow it, no that's wrong. This was the same as following the influencers which are also being boycotted by the many though a coin with a stable value is better than the coins whose value is mostly crashing and not recovering anymore. Bat token is one of the popular tokens up to this date so maybe this has still a chance to recover but I don't know about gnt. Never hear such a coin before. researching and instinct combined for me is much better than just listening to those what we read in forum or outside though I don't say it is bad but we must keep tracking what is best for our money as no one can take the blame if we fail. but I respect your opinion and your strategy because it is your money but for mine? yeah i will still follow my instinct and judgement whatever it may cost me mate. You can get all the information from the outside but in the end it is you who make your own decisions, and those decisions you make after considering everything. I always get information from outside and make my own analysis too of course.
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I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
ARB and SUI are the right coins to invest now, you can buy them when the market is red, then you wait for the market to go up again it might take a while, but trust me the market will recover.
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I think now we are in the trend of sui networks, aptos, and the like. the top coins we know have also begun to shift. even if these kind of projects don't occupy the top 10 marketcap at least they are not affected by the crypto season. that's fair enough for those who want profit but are constrained by market seasons.
a good project like that will last, in contrast to shitcoins or coins that rely on fomo alone, it won't last long. it's time to choose your coins that you can hold on for a long time.
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When it comes to investing in cryptocurrencies, it is generally recommended to focus on active projects. Active projects refer to cryptocurrencies that have ongoing development, community engagement, and a clear roadmap for the future. By investing in active projects, you increase the likelihood of your investment benefiting from continued innovation, updates, and improvements. Active projects often have a dedicated team behind them, actively working to achieve their goals and meet the demands of the market. This helps to reduce the risks associated with investing in dormant or inactive projects that may lack development progress or community support. However, even with active projects, it is still important to conduct thorough research and assess the project's fundamentals and potential for long-term success before making any investment decisions.
You have provided an accurate and well-rounded perspective on investing in cryptocurrencies. Indeed, focusing on active projects is generally considered a prudent approach when it comes to investing in this volatile market. Active projects are more likely to demonstrate ongoing development, community engagement, and a clear vision for the future, all of which contribute to their potential for success.
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Do some research seriously before you decide to invest in any project, you cannot just invest in any random big altcoin in this crypto world. Atleast you understand the project, what project/services they offer and the team behind the project, so even though the project doesn't match your expectations in the future, at least you've tried your best to choose the right one.
and also read and find out what projects were featured at that time, for example when it was summer people would buy ice cream instead of drinking hot drinks. because the trend will make us more quickly get our target.
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It's worth noting that NFTs, like any digital asset, are subject to technological advancements and changes. Future developments in blockchain technology or improvements in standards could affect how NFTs are stored, accessed, or valued. While the concept of NFTs allows for the potential of lasting indefinitely, the practical realization of that permanence is contingent on various factors that can influence their accessibility and relevance over time.
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The government are really pushing hard to regulate the crypto industry which for me is a good thing and I believe the moment crypto industry is properly regulated, more people will join the crypto industry and it will become a win win situation, with the way crypto is setup, Governments are not comfortable with it, Governments wants proper monitoring of cryptos holders, to know their KYC and what they Hold and what they spend their money on, that's they can prevent, money lundering and other negative things people do with money.
You're correct that governments around the world are increasingly interested in regulating the crypto industry. While the specific approaches may vary from country to country, many governments are recognizing the need for regulatory frameworks to address concerns related to financial security, consumer protection, money laundering, tax evasion, and other illicit activities.
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A strong and engaged community is a positive sign. Check if the project has an active and supportive community that discusses project updates, participates in discussions, and provides constructive feedback. Community involvement can indicate a project's credibility and potential for long-term success.
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Is the token in the market or not because the information on the website is not clear about this, I can see that you have a 4% tax on your tokens sale, why. Meme coins are the ones that usually implement taxes like this. This is a concern to me, You also loop up some of these social DaO and web 3 related ideas and I hope you don't make things complex with your development. I will follow the project and see if the team can deliver
Regarding the 4% tax on token sales, it is not uncommon for certain meme coins or other tokens to implement such taxes. These taxes are often used as a mechanism to incentivize holders to keep their tokens rather than engage in excessive buying and selling. The specific purpose and implementation of the tax would depend on the project's design and goals, which can vary significantly.
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Can Ethereum surge past Bitcoin in this upcoming Bull Market? The supply has dropped a lot and it's no more inflationary, I think with this, Ethereum will make a new all-time high we have never seen before, do you think I am wrong?
bitcoin will always be on top no matter what happens in the crypto world. because the price movements of all altcoins are affected by btc prices. therefore btc is irreplaceable.
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I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.
I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?
I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.
you don't have to ask here if you trust this coin but since you come here to ask meaning you are not that trusting Cardano ADA? then why need to focus adding this when there are other coins that can bring you safe income for the holding? or maybe best to add More on Bitcoin mate. Diversification is a common strategy in investing. By spreading your investments across different assets, including cryptocurrencies, you can potentially reduce risk and take advantage of various market opportunities. Bitcoin (BTC) is the largest and most well-known cryptocurrency, and it has historically shown significant growth and potential as a long-term investment. However, no investment is guaranteed, and it's essential to evaluate the potential risks and rewards of each investment opportunity. that why we need to spread our investment.
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