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Author Topic: Viable Altcoin for the moment  (Read 1694 times)
indah rezqi
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December 15, 2021, 06:13:16 PM
 #61

Apart from Ethereum and Binance Coin (BNB), I think Polygon (MATIC) is more profitable than Dogecoin at the moment based on the development of market conditions. Polygon (MATIC) was able to increase the percentage when Ethereum (ETH) and BNB decreased.
That's only for a moment because in a short duration Matic also experienced the same decline as Ethereum and BNB, so as long as market conditions are still not good, then all Altcoins still have to struggle to stay in their position and also with the price.
If market conditions are good, of course all types of altcoins will be good. But in the midst of unfavorable market conditions, Polygon was able to maintain its movement position and it was true that some time had passed. Yesterday Dogecoin started to increase by a few % from the red to green chart due to Elon Musk Tweet. That's the reality.

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Tellek Garing (OP)
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December 16, 2021, 09:56:43 AM
 #62

Better to stick with the top 3 crypto market's currencies only. In times of uncertainity it's not a good idea to risk money with secondary altcoins. They are highly influenced by bitcoin price, what means if bitcoin falls, they fall together, with the difference on long run they don't have the same solidity of bitcoin (and maybe ethereum).

Binance coin looks also interesting, but keep in mind it's intrinsically linked to a centralized exchange. If something on that platform goes wrong, all BNB's investors will suffer, even during a bull market where every other currency will be green meanwhile.
Well stick to the top 3 most popular count as a choice of investment but I will say to get a huge interest on little capital then we should look into NFTs with small price at market and hold for long term basis to yield good result in the future.
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December 16, 2021, 02:34:03 PM
 #63

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
If you are looking for a coin that you can invest in for a long time, I think that the Binance coin (BNB) is one of the best coins to consider at this time now. I am saying this now, watch this coin it is following the same route as Ethereum, in the future this coin (BNB) is likely going to be worth thousands of of dollars and those who have invested in it now would be the ones to reap the full benefit of it because they invested earlier in it.

Binance Smart Chain and Ethereum are basically the same thing – smart contracts, and this platform been growing. Binance is a household name in the cryptocurrency industry, so there is every possibility that the platform would keep growing, and that means the coin would be worth more.
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December 16, 2021, 03:34:38 PM
 #64

Tron (TRX) is a cryptocurrency traded on exchanges, such as eToro and Capital

TRX Wallet is Tron's digital wallet and serves as a repository for TRX coins and a platform for virtual currency transactions.

the answer..
trx has looked very good over the past few years which will continue to be an attractive coin for traders and investors as tron is an old project and has a strong and experienced development team, so it is a good coin for long term investment.
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December 17, 2021, 08:37:39 AM
 #65

It is fair to say that Bitcoin has better investing fundamentals than the vast majority of altcoins. Bitcoin is the most purchased, held and traded cryptocurrency on the market. It has a market capitalization of about $1.2 trillion, or more than 60% of the total market cap of cryptocurrencies.
It is very natural to happen to Bitcoin because Bitcoin itself is a coin that has been very old and well known in the realm of cryptocurrency so things that are happening to it now are very fair and reasonable, so there is no need to reveal it again.
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December 17, 2021, 10:19:25 PM
 #66

For now I could recommend that one of the most promising currencies are;

1.-BNB,
2.-Solana,
3.-Matic,
4.-DOT
5.-UNI

For me they are the best currencies there are, of course right now they are not in green numbers but in red, but this depends on the enormous volatility that BTC has, especially the downward trend that it is going through, which at any time this It will turn for the better, many are going short for BTC and they may be in for a not very pleasant surprise with those positions they are taking.

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December 19, 2021, 06:36:25 PM
 #67

The most promising coin for 2022 is SokuSwap (SOKU). Why? Because marketing is starting from next week and the price is currently very attractive. We know CAKE and the value of CAKE, Soku is at least doing the same (Swap, Limit order, Stake and Farm).

SOKU is the low cap gem of 2022. DYOR.

https://app.sokuswap.finance/

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December 23, 2021, 03:57:24 PM
 #68

I still feel for the long term it will still be bitcoin but for now there are a lot of good coins especially for rank 10 cmc except meme coin and stablecoin.
I find them pretty good if done long term.
we've seen the movement of SOL and BNB in the last few months, let's not forget ETH which is still a pretty good thing to watch in the long term

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December 23, 2021, 06:33:40 PM
 #69

For now I could recommend that one of the most promising currencies are;

1.-BNB,
2.-Solana,
3.-Matic,
4.-DOT
5.-UNI

For me they are the best currencies there are, of course right now they are not in green numbers but in red, but this depends on the enormous volatility that BTC has, especially the downward trend that it is going through, which at any time this It will turn for the better, many are going short for BTC and they may be in for a not very pleasant surprise with those positions they are taking.
I can sign this with my signature and post it everywhere to show you my support. These are definitely the coins that everyone should be looking at. I mean obviously I support BTC and ETH as well but they are the two top coins so everyone already knows them and I do not have to support them, they are already good on their own.

Aside from that I would say these are the coins I trust the most, I even have a few more aside from them but that's my personal thing, avax seems fine to me as well and cake looks fine too, but that would be it, I would only add those two. Hopefully people will realize soon enough that they would be doing well, I really would love to see these coins all shoot up.
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December 24, 2021, 02:55:55 PM
 #70

In addition to the already presented long-term viable altcoins, I am optimistic about Solana. The coin has proven its promise and relevance in the crypto space. I think this is a promising coin with a good future development.

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December 24, 2021, 03:10:52 PM
 #71

It seems that the most popular recommendations are Ethereum and Binance Coin. Both are, of course, very solid, and they don't accidentally have such a high market capitalization. Ethereum is very stably #2 after Bitcoin, and I don't think this will change. As for Binance coin, given the popularity of the crypto exchange, I'm sure it'll stay high as well. However, I'm a bit unsure about Ethereum at the moment due to its plans of transitioning to PoS soon. I think it would be better to see how it goes and make decisions then. After all, there was a time long ago when Ethereum split via a hard fork, and Ethereum Classic, while still an impressive #41 by market cap, is nowhere near Ethereum, and who knows how things will go this time. Someone also recommended DOT, and I wanted to support that. I believe it's one of the most promising altcoins out there because it has a good and important project, caught a lot of attention and is made by a co-founder of Ethereum.

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December 24, 2021, 05:18:29 PM
 #72

I think that NEAP proved to be very stable in the recent market decline, which at the same time held its positions and even was able to grow!
And now, against the background of market growth, it has grown from $ 8 to $ 15, and the LUNA token has also shown itself very well, which has also grown by more than 30%!
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December 24, 2021, 08:12:46 PM
 #73

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
What you actually looking for? A long run one or for weekly profitable one? Because, your statements are really confusing in elaborating your requirements. First need to provide enough information with clarity so that this community will try to provide you proper suggestions.

In my opinion you must go with only bitcoin investment which must be profitable in coming months and in long run as well because bitcoin is right now into bullish mode but it may enter into bearish mode in few months hence you should plan up accordingly.

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December 24, 2021, 08:28:58 PM
 #74

In addition to the already presented long-term viable altcoins, I am optimistic about Solana. The coin has proven its promise and relevance in the crypto space. I think this is a promising coin with a good future development.

I disagree.

I think that there is a lot of hype around SOL for absolutely no reason.

I think that they will really suffer from ETH2.0 coming out with PoS, because the main reason why people use them is due to the high gas fees on ETH right now.

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December 24, 2021, 10:09:48 PM
 #75

In addition to the already presented long-term viable altcoins, I am optimistic about Solana. The coin has proven its promise and relevance in the crypto space. I think this is a promising coin with a good future development.

I disagree.

I think that there is a lot of hype around SOL for absolutely no reason.

I think that they will really suffer from ETH2.0 coming out with PoS, because the main reason why people use them is due to the high gas fees on ETH right now.

I wouldn't say that there is hype around SOL for no reason, because there is definitely an element of scalability that it has that ETH lacks, and also it has received some mainstream accreditation from the likes of Melania Trump.

But I agree with your second statement, I think that once ETH gets its stuff together with fees, there will be less usage case for SOL.

Still though, that is not enough to constrain the overall growth of the network in the long run - the transactions are lightning quick and you can't dispute that.

Smiley
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December 25, 2021, 10:01:56 AM
 #76

I think that they will really suffer from ETH2.0 coming out with PoS, because the main reason why people use them is due to the high gas fees on ETH right now.
But, when considering the pre-mine of ethereum and its unlimited supply, I do not expect ethereum to be sustaining at good levels for long period of time. It may get dumped at any time even after the implementation of POS algorithm.

I think that once ETH gets its stuff together with fees, there will be less usage case for SOL.
I am not expecting that ethereum could manage its fees to remain at low forever. We have seen how and what segwit did with bitcoin. So, in short term SOL may face tough competition from ethereum but in long run situation may turn in favour of more such coins hence SOL will have its own usecases.

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whiteblue
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December 26, 2021, 12:30:26 PM
 #77

Over 3 million dollars has been raised in both public and private RACEFI  funding rounds. You know what that means? People want a racing game with machine learning AI, stylish cars and thoughtful economics, which RaceFi is. What can be a better way to profit? 
I don't know what that means but can you provide proof against this as a word from a newbie is still underappreciated today without including a proof that could be very accurate first.
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December 26, 2021, 03:28:24 PM
 #78

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
Only those people who are not having clear idea about the future of bitcoin might be looking for other opportunities in altcoins; it seems you are already well aware of bitcoin and its future hence I like to suggest you to go only with bitcoin investment for guaranteed profits in near future rather than risking in any of altcoins which might be getting your losses in the end.
so98nn
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December 26, 2021, 03:34:19 PM
 #79

Ethereum.

Do not forget that after the last upgrade that has happened to it, transactions made over the ethereum network and with erc20 tokens, they're burning a part of eth on the fee.

It's a developing update and it's looking good upon understanding that it has a long term effect.

The judgemental investment and also well thought is always great one. I like it how ETH guys has made it clear that they will be burning some part of the eth for the sake of fees and all. I think this would bring it to the attention of everyone now and will make the user use more ETH as compared to the bitcoin. Though this is question about altcoin only but always remember that comparison will be made with the King every time as to why they should be choosing another coin if they have all the great features of transactions and banking available with single coin.
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December 26, 2021, 05:14:12 PM
 #80

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
Only those people who are not having clear idea about the future of bitcoin might be looking for other opportunities in altcoins; it seems you are already well aware of bitcoin and its future hence I like to suggest you to go only with bitcoin investment for guaranteed profits in near future rather than risking in any of altcoins which might be getting your losses in the end.
In my opinion also when we are having a greatest time proven opportunity in the name of bitcoin then there will be no proper reason to look for any other opportunity to risk with our hard earned money. Only if you are too greedy then you might be looking outside bitcoin.

I am also holding some altcoins but all of them are collected through different airdrops/ bounty programs/ exchange drops. I mean I never look to risk my bitcoin into any of unknown opportunities which is the reason I am always staying away from any of altcoin opportunities.
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