Well for me the main reason why I keep on buying altcoins is because I know that if I diversify my portfolio with potential altcoins it can give me a very good amount of profit and I know that once that the market is in good condition all my altcoins will pump massively.
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Re: should i invest in new project?
by
HyunBin
on 15/02/2022, 03:18:31 UTC
DYOR or Do your own research is very important especially if you want to invest and most importantly your prospected project is just a new one. Always remember that you should be wise and smart in investing in crypto-space because it is too risky and too volatile.
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Re: What altcoins would you invest $ 1,000,000 in?
Matic Solana and Polkadot for me, if I have that much money I'd pack these three altcoins and stake them for long term probably two years which will definitely double my holdings, still this money is way too much for just three coins
I totally agree with you MATIC, SOLANA and POLKADOT are best to put your big funds knowing that they really have a profit use-case and they is a high potential for you to gain a good profit. Just to add on the list are the following worth to invest altcoins such as EGLD, ROSE, KCS and CRO.
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
Well for me I hold the idea that profit is profit which mean that every time that you see a good amount of profit then take it don't be greedy because most of crypto enthusiasts failed to think like that the lead them to profit loss instead of profit gain.
When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.
With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.
In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?
Well if the current update of dogecoin is on its way of progress and development then there is a high chance for it to reach 1$ but I am still in doubt that it will reach 1$ this year.
I have a few capital and I will like to know the proper token to venture in. Am unused to NFTs and will cherish to induce your supposition on which NFT to purchase for a brief term bas
As of the moment I think if you want to invest your funds in NFTs I suggest you try investing it to some NFT arts such as BPOS because it is one of the demand in the marketplace.
Hello! I want to know how you choose projects for investment? At the moment I'm focusing on the Near Protocol. I bought it back in early April and don't miss the chance to mention it. What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook) 2. Strong community (more than 100k on Twitter and a very strong forum) 3. Own blockchain (develop their own structure with their own EVM and cross-chain) 4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
Indeed almost all the following criteria in choosing a good project to invest were already point-out, I just want to add some little but important aspect as well such as the clarity of their whitepapers and the roadmaps of the project is realistic and doable.
When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?
Can $SAND $MANA still be invested?
I think just like De-Fi and NFT craze I guess that Metaverse will also create a huge hype and create a enormous opportunity for gain so if you are planning to invest in some Metaverse project just do your research and look for a very potential project for a good profit.
In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?
Knowing that USDT is one of the top 10 rank cryptocurrency in the market makes it reliable and trustable because many crypto enthusiasts are trusting their funds most of the time into USDT than other stablecoin.
Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto? Could anyone answer me?
Well what happening to the crypto market right is I think just heating-up for its final blow of bullish market before it goes to the bearish movement and cycle. I guess we can still see new ATH that gonna happen this year.
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Re: Time to reinvest into Altcoins?
by
HyunBin
on 09/02/2022, 03:26:28 UTC
I guess you have a right decision of reinvesting now into altcoins knowing that within the current market cycle we haven't seen any massive altcoin season so which I have a strong feeling that it will occur within this year.
is it a joke or what? i personally dont think that its a real deal to go up with. Rumors that shiba inu is like bitcoin yet i dont see many websites using it. is there any earn-money site paying in shiba inu?
We have the same sentiment that I don't see any relevant for Shiba Inu to be compare with the king of cryptocurrency which is Bitcoin knowing that shib is just a meme-coin and don't have any use-case so for me it was just pump because of hypes and shills.
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Re: 'Squid Game' cryptocurrency scams $2 million
by
HyunBin
on 08/02/2022, 11:48:30 UTC
That is why I don't trust hype created coin and I really do a rigid and deep research first before investing my fund to it. I made sure that I will not fall into a pump and dump or rug pull token.
Hello, According to Elon Musk concern about the Bitcon energy consumption, which of TRON, EOS, Stellar Lumens, Nano, Chia, BitGreen and Cardano coins are good?
Thank you.
Well for me I think the altcoins that will be greener within this year will be Polygon, Solana, Terra and most especially XRP knowing that XRP is the only top rank crypto that haven't reached its ATH yet. In addition, I think Metaverse token will also bleed green as well.
What coins do you think are promising? I think there will soon be a good opportunity to buy alts in the long term, so I am starting to consider options for purchases. Interested in mina, cdt and sand. What do you think of these coins? And what coins do you think are promising?
You have a good choices to invest especially to mina and sand. I suggest that you also explore metaverse tokens because that is the current trend in the market right now. DYOR on it and it will definitely benefit you once that those metaverse token will pump massively.
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Re: Where do you trade your crypto
by
HyunBin
on 07/02/2022, 08:37:58 UTC
Well I do crypto trading and staking in plenty of top exchangers because I know that those exchange have high safety and security protocols such as FTX exchange, Kucoin, Coinbase and Binance.
Do you think it is possible to completely get rid of scams?
Hello everybody. I think everyone who has ever been involved in cryptocurrency investments is interested in the question of how to protect themselves from scams and loss of money. Recently I learned about the CheckDot project, which creates a platform with which it will be possible to get an assessment of any project in the blockchain world. In theory, this way you can get rid of a lot of scams, but does it help?
What do you think, is it possible to somehow get rid of scams among crypto projects?
Scam, fraud and Phishing will never gonna be rid or eradicate because it will always be there regardless on any circumstance but you can avoid it by making the right decision and thinking first before entering in something that you don't know yet. Always remember that it is very important to do plenty of research to avoid getting scam or fraud.
Getting bored with crypto gaming projects, I'd like to make money out of something fun to play but with crypto games it's really about the money you will make out of the games, I've not seen real good game Devs utilizing the power of blockchain or maybe it's my taste of games that im used to, I just still prefer spending more time on my Xbox than crypto games because it's more fun than crypto games
Well if you want to play xbox then play with it and if you don't feel satisfaction for NFT games where you both enjoy and earn then stay away from it. NFT games is just still in progressing and developing stage yet so there still lot of improvement that will gonna happen to it as time goes by.
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Re: What are your altcoin predictions for the new year 2022
by
HyunBin
on 06/02/2022, 09:46:42 UTC
Well honestly I haven't seen any strong altcoin season happened for the last 2 years ever since the bull market happen so I think this 2022 is different situation because I have a good feeling that the long altcoin will gonna happen this year.
Hi, the market has dropped dramatically recently, and we have the opportunity to buy cool projects at a good price, for example, it was possible to buy Solana, NEAR, Avalanche, Cordana much cheaper than they were a week ago. have you bought something, and if so, what have you bought?
Yes I bought and add some altcoin in my portfolio knowing that the dip is the best time to buy and accumulate crypto hodling. I bought Matic, XRP, Luna and BNB.