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terrific
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July 11, 2021, 11:18:26 PM |
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Definitely! Have you ever heard of Ethereum? 😂 Not a financial advice 😉.
Ethereum is worth it in the sense that you've already invested in bitcoin. In the past Bitcoin history someone said, "buy at least $1 of Bitcoin and hold for years." He didn't know the exact things to happen in the future but his prediction happened. May be my words is consider to buy Bitcoin and Ethereum though it is expensive now. But it is possible to become more expensive in the future as we all know the factor of Bitcoin and Ethereum in cryptocurrency ecosystem.
That's davincji15 and he surely said the same words and posted it on youtube and he's right. That's why buying bitcoin at any rate right now is a must. |
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Tina H
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Activity: 101
Merit: 10
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July 12, 2021, 01:55:28 AM |
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Personally, I often buy some altcoins that I think are promising and promising, and some are more suitable for short-term holding. Although the volatility is large and the risk is large, it will bring me considerable benefits. When buying other tokens, you must conduct research to reduce its risk, because some altcoins are rubbish coins.
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irsada
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July 12, 2021, 02:03:22 AM |
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Not all altcoins are good investments, extra research is needed first to get them, because most altcoins are created today just to enrich developers.
the crypto market is very volatile, if you have enough money it is better to invest in altcoins that are already in the top 20 coinmarketcap only. however, there is no guarantee that each of your investments will be successful within the time frame you specify.
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cabron
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July 12, 2021, 02:11:37 AM |
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Personally, I often buy some altcoins that I think are promising and promising, and some are more suitable for short-term holding. Although the volatility is large and the risk is large, it will bring me considerable benefits. When buying other tokens, you must conduct research to reduce its risk, because some altcoins are rubbish coins.
Not really for short term for me. The altcoin I hold was already more than 2 years and although the price had gone up and down significantly I'm still holding because of some reasons like I'm staking and playing the games developed on it. So it must depend on the kind of investor. I'm sure there are also users who bet for ADA for a long time which some of them bought while the price is less than $0.05 which they are also staking like the reason for investing ETH as well. |
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caffu chino
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July 12, 2021, 03:35:19 AM |
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Not all altcoins are good investments, extra research is needed first to get them, because most altcoins are created today just to enrich developers.
the crypto market is very volatile, if you have enough money it is better to invest in altcoins that are already in the top 20 coinmarketcap only. however, there is no guarantee that each of your investments will be successful within the time frame you specify.
yes you are right, the altcoins released today are mostly just to enrich the developers. they just want to raise money from the token sale and disappear after. this always happens and makes altcoins seen as shitcoins. but despite all that altcoins that are in the top 20 list are still worth investing in. |
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ROSERTY
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Merit: 11
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July 12, 2021, 07:41:03 AM |
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Bitcoin as the mainstream currency of cryptocurrency, is demanded and recognized by more people, has better value, and at the same time brings higher benefits. As the value of Bitcoin increases and more altcoins appear, there will be many speculators speculating on altcoins because the price of Bitcoin is too high. This kind of high-profit return is bound to have higher risks. Most altcoins are created to obtain more benefits from investors. They do not have perfect technology and are easily attacked and disappeared.
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aylabadia05
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July 12, 2021, 08:25:06 AM |
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If I buy a coin by looking at the price factor, it is likely to be stable. That's what I consider when buying coins. Ethereum and BNB are currently my choices. And if I may recommend to you, the two Altcoins I mentioned are for you to buy.
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gurunanakji777
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Chainjoes.com
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July 12, 2021, 08:33:49 AM |
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It's not like the only Bitcoin is profitable there are many other altcoins that have good potential to give good profit like BTC. It depends on the utility and the supportive community matters a lot in deciding the value of the coins. Many of us did not take the cryptos seriously when heard for the first time but lately, most of them repent by not taking it seriously but it does not matter even I believe one can buy now too because this market has to go long way ahead as I feel.
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jinneas
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July 13, 2021, 06:28:44 AM |
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If you want to hold it for a long time, it is more appropriate to invest in Bitcoin or Ethereum. They have a longer development time, and it is better to rely on sound technical support for security.
If you make short-term profits, you can invest in altcoins. The initial cost of altcoins is low, and you can get high profits in the short term. However, altcoins are very risky, and volatility indicators should be used to analyze market trends before investing to reduce risk losses.
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Tegxy
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July 13, 2021, 09:19:47 AM |
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So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
My opinion: You mentioned the key factors already; buying because of the technology of the project and what it has to offer. As for news, it depends on what type of news. I would say the coin utility is of topmost priority. For example, I am familiar with a strong project Seascape Network(website: game.seascape.network). Although Seascape Network has its tokens $pCWS and $CWS, why do I consider purchasing it a good investment? It is because they focus on incentivizing their community. They provide blockchain game where users can profit from, provide 172% APR on stake, 3x leverage system for $pCWS trade on WOWSwap and so on. They have established tons of partnerships to widen their token usage base. I perceive you would agree with me that knowing such about a project gives confidence knowing that risk is minimal rather than purchasing a coin with so much appraisal in the news without focus which often ends up in a rugpull after listing. |
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Digital_Lord
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July 13, 2021, 06:48:03 PM |
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If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
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wheelz1200
Legendary
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July 13, 2021, 08:57:00 PM |
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I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
That's the common misconception of crypto. I can't buy bitcoin because it is too much. Just buy a fraction of bitcoin. I would always recommend you start with bitcoin and go from there. If your portfolio does not have any bitcoin in it then it's a very unbalanced portfolio. |
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terrific
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July 13, 2021, 09:06:52 PM |
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If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
They will always have the potential. It's just that the bull run has likely ended for both of them. ETH is quite cheap today @ $1955 so it's already a surplus and don't miss buying it. |
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fileo
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Rangers Protocol
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July 14, 2021, 04:32:08 AM |
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Definitely there are potential coins though not like Bitcoin but can guarantee legit and the team are intelligent and hard working. Okay, for me UNI, DOT, BNB, XRP, and ADA might be good for long term and can give profit. Btw, I include XRP in the list because I consider it as potential and can explode once win the sec issue I guess.
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Luffygroove
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Ton Together | Save Smart & Win Big
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July 15, 2021, 02:43:15 AM |
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I believe that cryptocurrency has to have a real use case or utility in real life so it can be massively adopted in the near future. It can go further if it has fundamental or moreover a great technology behind it. A project with only a great technology itself can be successful if it can give groundbreaking in the crypto world. I know a uniqueness will bring curiosity from the investors and hype at the end. All of these qualities if combined with momentum made by the news will bring massive success to the project. So, I'm not a fan of meme coin or a pump and dump project. I believe in a real project to invest my money.
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Caldear
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July 15, 2021, 02:53:17 AM |
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Bitcoin is a relatively safe investment currency with a long history of development and strong technical support. Investing in Bitcoin and holding it for a long time can get high profits.
Some of the altcoins that have emerged will also bring a lot of benefits in the short term. You can also choose to diversify your investment, investing in Bitcoin and several safer and more reliable altcoins, which can minimize risks.
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BigBos
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July 15, 2021, 04:35:59 AM |
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If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
for now, the bitcoin price may be too high. however, it is still worth choosing one of the most popular altcoins today, specifically BNB. Right now, I see the potential for BNB which could cost thousands of dollars in the future. however, it is still worth choosing an altcoin as an investment tool, but research is needed to choose the right coin. |
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kak uli
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July 17, 2021, 04:18:54 AM |
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it all depends on your goals in my opinion!
if your goal is to invest then it's very feasible I think to buy other than bitcoin, but if the goal is to collect bitcoin then buy bitcoin and wait for the highest price to see the estimated value getting bigger.
My advice, if you have a large balance, buy any digital currency that has a low price and has the potential in the future to make a profit !!
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Blowon
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July 17, 2021, 04:27:23 AM |
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Bitcoin has high trust in the community, but if you think investing in bitcoin costs a lot because it's quite expensive, if you're better at analyzing, other coins are the best option for generating a low amount of capital.
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fuguebtc
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July 17, 2021, 04:51:17 AM |
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Bitcoin is truly a portfolio worth investing in. But besides BTC or ETH we still have BNB, DOT, TRX or ADA many coins will bring you profit.
It can even be more profitable than BTC if you invest in buying and selling at the right time. Diversify your portfolio instead of puting eggs in a basket.
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