tokeweed (OP)
Legendary
Offline
Activity: 4130
Merit: 1461
Life, Love and Laughter...
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October 10, 2024, 09:47:26 AM |
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^ But we're not exactly looking for reliability here, are we... Even if we could call it that. What we're really looking for and the point of why I say that newer coins are better to play with is because most of the interest of the people are gonna be mostly in the newer ones. So playing with them would more likely get you a win than playing with the old ones which there's less interest. So yeah, my sights are focused on getting eligibility in Monad, Berachain and Hyperliquid with Monad first in my list... So I ask again, if there are some of you who got the nad role, please teach me.
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sarmrakib
Full Member
Offline
Activity: 1405
Merit: 101
Crypto lover
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October 10, 2024, 01:34:05 PM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
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lixer
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October 10, 2024, 07:01:01 PM |
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^ But we're not exactly looking for reliability here, are we... Even if we could call it that. What we're really looking for and the point of why I say that newer coins are better to play with is because most of the interest of the people are gonna be mostly in the newer ones. So playing with them would more likely get you a win than playing with the old ones which there's less interest. So yeah, my sights are focused on getting eligibility in Monad, Berachain and Hyperliquid with Monad first in my list... So I ask again, if there are some of you who got the nad role, please teach me. While I agree about how the new ones could have a better potential, I do not believe the risk involved would be worth the reward so I try to avoid them. I understand not a lot of people like investing into old ones because you are not going to get super rich with them quickly, which is true because bitcoin or ethereum will not go 10x or more in the near future we know this, but I still invest into them over new ones because at least I know what to expect from them. When you are investing into a new coin or token, you could invest a thousand dollars, and your thousand dollars could be seven dollars or seven thousand dollars in a month, I feel like this is why many people take that risk. However, if you invest into bitcoin then your thousand dollars could be fifteen hundred at best or be eight hundred at worst. So, when you think about how much bitcoin could go up or down, the risk is very low and you are going to get what you paid for, but when you invest into new stuff like the examples you shared, you could end up seeing them go down more than 90% as well, which is a risk I am not willing to take right now and I am not going to put any kind of money into something as risky as those.
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Fredomago
Legendary
Offline
Activity: 3164
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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October 10, 2024, 09:35:35 PM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
Yup, with how the market moves we needed to have that trust with whatever project we choose to support, unless there's a major issue with the project or the team who introduced and develop the coin then that might be the turning point to avoid or to sell out, but if there's none then we might need to add a little bit of patience, waiting can be rewarding as long as you established your trust this volatile market may soon lead you to earn more.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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fikrett
Copper Member
Jr. Member
Offline
Activity: 126
Merit: 4
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October 11, 2024, 11:39:20 AM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
Yup, with how the market moves we needed to have that trust with whatever project we choose to support, unless there's a major issue with the project or the team who introduced and develop the coin then that might be the turning point to avoid or to sell out, but if there's none then we might need to add a little bit of patience, waiting can be rewarding as long as you established your trust this volatile market may soon lead you to earn more. Volatility is both a curse and a wonder of the market. With the needed expertise, it can be utilized accordingly, but only with projects that are credible enough and gained not from nothing, but from interacting with its community and delivering on their promises.
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Fredomago
Legendary
Offline
Activity: 3164
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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October 11, 2024, 12:31:15 PM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
Yup, with how the market moves we needed to have that trust with whatever project we choose to support, unless there's a major issue with the project or the team who introduced and develop the coin then that might be the turning point to avoid or to sell out, but if there's none then we might need to add a little bit of patience, waiting can be rewarding as long as you established your trust this volatile market may soon lead you to earn more. Volatility is both a curse and a wonder of the market. With the needed expertise, it can be utilized accordingly, but only with projects that are credible enough and gained not from nothing, but from interacting with its community and delivering on their promises. Indeed, that's the very reason that you need to work hard finding the right assets to invest your money, as there's always a good chance to earn decently when the timing of your investment is in place, I guess it's a self-explanatory situation where each investors and traders got thier own opinions regarding to this matter. If you continue sorting those good projects and continue following the developments then the rewards may be decent to cover the wait and the trust that you invest aside from the money that's involve.
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fullhdpixel
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October 11, 2024, 06:23:34 PM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
Apart from the starting few months, this year hasn't been very well for cryptocurrencies, which is probably the reason why newly released coins and tokens aren't able to maintain their prices or see much growth. The reason is clear, there isn't enough money flowing into these projects, people often get tokens from airdrops or other means and dump them after the listing, which causes dumps and when investors see a token dumping, they don't find it interesting because you wouldn't want to ride in a sinking boat. Once Bitcoin becomes stable and starts moving up after that, that might mark the time for altcoins to show some movement as well, and once they start showing some movement, investors will start filling their bags because most investors know they can get better and quicker profits from altcoins than they can with Bitcoin.
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South Park
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October 11, 2024, 09:31:58 PM |
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The market is an uncertain place where anytime any coin can pump and dump. As we all know crypto market are highly volatile. We all need to be patient when are coins Bottom.Its true that most of the coin which has released at this year couldn’t reach any level except bottom. I think the upcoming year will be the key. We will see a move on the upcoming year. So that we need to hold our valuable coin until we get a good pump.
Apart from the starting few months, this year hasn't been very well for cryptocurrencies, which is probably the reason why newly released coins and tokens aren't able to maintain their prices or see much growth. The reason is clear, there isn't enough money flowing into these projects, people often get tokens from airdrops or other means and dump them after the listing, which causes dumps and when investors see a token dumping, they don't find it interesting because you wouldn't want to ride in a sinking boat. Once Bitcoin becomes stable and starts moving up after that, that might mark the time for altcoins to show some movement as well, and once they start showing some movement, investors will start filling their bags because most investors know they can get better and quicker profits from altcoins than they can with Bitcoin. It is also possible there is a slow shift on the attitudes regarding those altcoins from the community, after all despite the huge number of coins released over the years, only a small fraction got any success during that time, and from that group only a few survived for a long period of time, then with all the evidence we have seen so far, it is likely many investors have decided they had enough with those coins and they are not willing to take the risk with them anymore.
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bitgolden
Legendary
Offline
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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October 13, 2024, 07:11:11 PM |
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It is also possible there is a slow shift on the attitudes regarding those altcoins from the community, after all despite the huge number of coins released over the years, only a small fraction got any success during that time, and from that group only a few survived for a long period of time, then with all the evidence we have seen so far, it is likely many investors have decided they had enough with those coins and they are not willing to take the risk with them anymore.
The reason why only a small amount of coins get attention is because we mainly "need" only a small amount of it. Why would we want a market with 100+ coins all close to each other in marketcap, constantly moving up and down between each other, this wouldn't make sense at all. We needed something which would allow us to get the most out of the best ones, keep investing into smaller stuff and you are spreading your portfolio too thin and people realized this long time ago and they stopped dealing with this method. The best is to keep the market top heavy, so we invest into things that are only good ones and the rest do not get the money. This is why the top 10 worths more than everything combined after top 50, there are tens of thousands of coins and tokens, all combined which doesn't worth as much as top ten. Also, bitcoin usually passes everything else combined in many cases, we have seen bitcoin price be lower too, but we have seen it be 50%+ too, and this means top heavy is the way to go or at least what people like to invest this way. Hence this method will continue to exist for a long time and people will not invest into unknown stuff too much money, they will keep their money at the top.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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tokeweed (OP)
Legendary
Offline
Activity: 4130
Merit: 1461
Life, Love and Laughter...
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October 14, 2024, 12:59:32 PM |
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^ But we're not exactly looking for reliability here, are we... Even if we could call it that. What we're really looking for and the point of why I say that newer coins are better to play with is because most of the interest of the people are gonna be mostly in the newer ones. So playing with them would more likely get you a win than playing with the old ones which there's less interest. So yeah, my sights are focused on getting eligibility in Monad, Berachain and Hyperliquid with Monad first in my list... So I ask again, if there are some of you who got the nad role, please teach me. While I agree about how the new ones could have a better potential, I do not believe the risk involved would be worth the reward so I try to avoid them. I understand not a lot of people like investing into old ones because you are not going to get super rich with them quickly, which is true because bitcoin or ethereum will not go 10x or more in the near future we know this, but I still invest into them over new ones because at least I know what to expect from them. When you are investing into a new coin or token, you could invest a thousand dollars, and your thousand dollars could be seven dollars or seven thousand dollars in a month, I feel like this is why many people take that risk. However, if you invest into bitcoin then your thousand dollars could be fifteen hundred at best or be eight hundred at worst. So, when you think about how much bitcoin could go up or down, the risk is very low and you are going to get what you paid for, but when you invest into new stuff like the examples you shared, you could end up seeing them go down more than 90% as well, which is a risk I am not willing to take right now and I am not going to put any kind of money into something as risky as those. I guess to each his own but from what I've seen from what happened before, it's the newer projects that seem to get most of the attention. I mean would you ape in something like LISK or STORJ rather than PYTH and W? No way... My money will def be in the latter. Those are my bags btw... Lolol. But yeah, I think PYTH and W are both the better projects that has come out of the wood work as of late. And staking them could give you eligibility for Monad's airdrop.
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justdimin
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October 15, 2024, 09:25:09 AM |
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The reason why only a small amount of coins get attention is because we mainly "need" only a small amount of it. Why would we want a market with 100+ coins all close to each other in marketcap, constantly moving up and down between each other, this wouldn't make sense at all.
We needed something which would allow us to get the most out of the best ones, keep investing into smaller stuff and you are spreading your portfolio too thin and people realized this long time ago and they stopped dealing with this method. The best is to keep the market top heavy, so we invest into things that are only good ones and the rest do not get the money. This is why the top 10 worths more than everything combined after top 50, there are tens of thousands of coins and tokens, all combined which doesn't worth as much as top ten.
Yes, I haven't invested into anything outside of top 20 for many years now, technically speaking LTC is out of top 20 quite often, but at 21 or 22, so the only one is LTC, but all my other investments are top 20 and LTC could be considered there when you take out stablecoins. After all, you do not "invest" into stablecoins, those are just cash and fiat within crypto world for easier trading nothing more but we do not invest into them with the hopes of the price going up because price is always the same price. In the end, we need to realize tens of billions of dollars go into these top 20, and only maybe a billion goes into all others combined, so why would we want to risk and put our money somewhere risky?
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fikrett
Copper Member
Jr. Member
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Activity: 126
Merit: 4
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October 15, 2024, 09:39:38 AM |
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I guess to each his own but from what I've seen from what happened before, it's the newer projects that seem to get most of the attention. I mean would you ape in something like LISK or STORJ rather than PYTH and W? No way... My money will def be in the latter.
Those are my bags btw... Lolol. But yeah, I think PYTH and W are both the better projects that has come out of the wood work as of late. And staking them could give you eligibility for Monad's airdrop.
Attention brings hype, hype brings community, and community brings you foundations interested in you because the potential for the use case or use cases and people around it are there. That's how I see it.
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bitterguy28
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Activity: 2184
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“FRX: Ferocious Alpha”
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October 16, 2024, 05:38:05 AM |
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Yes, Altcoins will only bottom when bitcoin goes down, it has become a rule of the market. Other assets, not just bitcoin, are also retreating and bitcoin's downward reaction is normal. Therefore, altcoins will have to continue to wait, it may be an opportunity to accumulate or buy more at the next low price. I guess Q4 will have interesting adjustments, if there is support, bitcoin will increase very quickly. I continue to observe and wait in october.
but there is also altcoin that is growing despite of bitcopin humping price right? there is some of them that is being pumped by some whales just to victimized foolish people so better to be ready then . and bottoming? we have seen them actually but now we are in growing period of the phase again .
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fikrett
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Activity: 126
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October 16, 2024, 06:24:58 AM |
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Yes, Altcoins will only bottom when bitcoin goes down, it has become a rule of the market. Other assets, not just bitcoin, are also retreating and bitcoin's downward reaction is normal. Therefore, altcoins will have to continue to wait, it may be an opportunity to accumulate or buy more at the next low price. I guess Q4 will have interesting adjustments, if there is support, bitcoin will increase very quickly. I continue to observe and wait in october.
but there is also altcoin that is growing despite of bitcopin humping price right? there is some of them that is being pumped by some whales just to victimized foolish people so better to be ready then . and bottoming? we have seen them actually but now we are in growing period of the phase again . It all depends on the caps, market sentiment, etc. - but generally, big alts, especially ETH, do follow BTC in its track. Especially if it moves hard
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FortuneFollower
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Activity: 168
Merit: 4
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October 16, 2024, 07:00:22 AM |
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The reason why only a small amount of coins get attention is because we mainly "need" only a small amount of it. Why would we want a market with 100+ coins all close to each other in marketcap, constantly moving up and down between each other, this wouldn't make sense at all.
We needed something which would allow us to get the most out of the best ones, keep investing into smaller stuff and you are spreading your portfolio too thin and people realized this long time ago and they stopped dealing with this method. The best is to keep the market top heavy, so we invest into things that are only good ones and the rest do not get the money. This is why the top 10 worths more than everything combined after top 50, there are tens of thousands of coins and tokens, all combined which doesn't worth as much as top ten.
Yes, I haven't invested into anything outside of top 20 for many years now, technically speaking LTC is out of top 20 quite often, but at 21 or 22, so the only one is LTC, but all my other investments are top 20 and LTC could be considered there when you take out stablecoins. After all, you do not "invest" into stablecoins, those are just cash and fiat within crypto world for easier trading nothing more but we do not invest into them with the hopes of the price going up because price is always the same price. In the end, we need to realize tens of billions of dollars go into these top 20, and only maybe a billion goes into all others combined, so why would we want to risk and put our money somewhere risky? Yeah, stables are like safety measures just in case, because the real deal is in other coins, and I do believe so as well. Picking from the oldest and the biggest out there is the easiest choice to be sure that your investment is in a good position.
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