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That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting
I don't think it's because people are getting very serious about Memcoin. but seeing the opportunities that exist in memecoin with small capital they hope to get several times more than them.
some memecoins may make some people profit. But you also have to see how there are more memes that are detrimental at the moment.
everything currently depends on our wisdom in choosing assets to invest. not all memecoins will be like doge or shiba.
After the end of bull run in 2021, naturally altcoins get dump and as the bear will still effect in 2022 & 2023, crypto won't pump high or rather more dump in those years. But next bull run is suppose to be done in 2024 even the bull is already going on in my opinion cause btc reached to the ath record already again. But btc halving will possibly start within some days, thats the fact why altcoins could dump again even today market already start dumping. Besides all of altcoins you mentioned are top coins with heavy marketcap and volume. It isn't possible for most of these altcoins to pump 10-20x, but 3-5x is possible in next year if the bull run started. Your getting over hyper of those, but in reality, there is less chance of those won't hit such high as you predicted
high increases are common with new bitcoins. for altcoins with large capitalization such increases are rare.
The impact of the Bitcoin halving may not be felt in the near future. a decline has occurred and perhaps a pump movement could occur at the end of the year or even at the beginning of next year.
Let's wait and see what happens in the market, but in my opinion even if there is a pump on Bitcoin and Altcoins, it will not bring an increase too high.
Investing in altcoins is high risk but ETH and BNB cannot be excluded in this case. ETH and BNB are the top altcoins and they have good strong support in various aspects which has caused their prices to skyrocket. But investing in them also carries high risks. you can look at today's market and you will see how much the price of all coins including BTC, ETH, BNB have dumped so those who sell their coins today will definitely face losses. so I believe in the concept that long term investment can bring a good profit with any coin investment not only ETH & BNB. apart from these, there are many other coins in the market which have a good market cap and have been in the market for a long time. so they can also be invested. But one thing is that in order to invest long term you have to trust a coin first or else you will panic and quickly panic to sell. So who invests in which coin and for how long depends on how much one can trust which coin
Investment is not only related to the assets chosen but also the right market momentum to maximize the investment made. but there is no doubt for ETH assets. they have a huge market, there should be no hesitation in putting your money there. it's just that we have to wait for the right moment. a slight decline is not necessarily a good opportunity to buy, we have to analyze the market to get a good price for us to enter.
Re: What's the best Altcoin for this moment to accumulate right now?
If you give priority to good altcoins what are already in market since years over newborn altcoins then I think you will face less problem like scam or no volume or similar in future. New altcoins provides many facilities and could give you higher return but for secure investment old coins are more deserving. Although there's no strategy that will ensure profits in crypto. So you need to invest with own risk
which is why it is not good to hold stinky altcoins in the long term. hold enough when you get enough profit then sell.
there are indeed new altcoins that are finally gaining market growth in the long term. but it might be 1 or 2 out of 100 new altcoins.
So remain wise in determining investment planning. Altcoins can provide high profits, but plan well if you don't want to fail to make a profit.
Many said, its gone! But bounce back of solana make surprise everyone. And this time it becomes so developed than before. And it has everything now even it seems, people showing their interest about solana'r projects. That's why projects under solana chain, become so hit and most of the project get successful. Recently Memecoin WIF, BONk, BOME launched through Solana Ecosystem and now leading in crypto industry, even they made lots of people millionaires. Is it coincidence or solana ecosystem is going to lead After ether and bnb?
it all depends on the future use of the network. Solana is indeed moving with incredible adoption. but when it gets very big they will experience the same problems that Ethereum and BSC also experience.
The problem of many scam tokens and an increasingly congested network will occur and this must be anticipated in the future. when there are more and more shit tokens on the Solana network that is also not good. especially if many end up succeeding in deceiving users. it may reduce interest in using their network.
I have created a coin that will have its own fully functional dapp, and it is currently in presale.
The token is $SURFER on BSC.
Dapp: https://surfer.lol /// Twitter: x.com/surferchadbnb
It is still before promotion, but I already encourage forum users to join me in creating a common community.
It's going to be interesting, I promise
The token is $SURFER on BSC.
Dapp: https://surfer.lol /// Twitter: x.com/surferchadbnb
It is still before promotion, but I already encourage forum users to join me in creating a common community.
It's going to be interesting, I promise
things like this usually end badly. there are many like you. you will not get anything from users here. Even though memecoin is currently being talked about quite a lot in the community, don't be stupid if you try to get money from this method.
everyone here doesn't underestimate you and your project. but if you are serious about your project then do it the right way.
Bitcoin is the best investment, possibly in the world as a full package. It bests inflation, it is receiving increasing adoption, it has 15 years of proven track record. It might not be the most profitable now though because we see somewhat diminishing returns but I prefer a safer, more guaranteed 4 or 5 x profit every 5-10 years than gambling on some shitcoin which may yield much higher returns but is far from guaranteed.
I agree with you regarding Bitcoin. but nowadays there are quite a lot of beginners who are not very patient with Bitcoin. that's what makes them perhaps more interested in taking the risk of investing in altcoins or shitcoins.
The thinking that is developing among beginners is a short investment to get rich quickly with crypto. This wrong understanding is what makes beginners who don't understand how crypto develops and works make mistakes in investing.
every beginner starts with Bitcoin. Don't be easily tempted by the lure of short-term profits. no investment makes people rich in a short time. all require patience and perseverance.
Generally you can use meme coins more. Bitcoin is the king of all coins, so you can invest 50 percent in Bitcoin and the remaining 50 percent in Altcoin sections. Then your investment will be good enough because if you invest regularly then it will be possible to get maximum benefit from it. Because if the price of Bitcoin goes up, it is certain that the price of all coins will go up.
It is even possible that the increase experienced by altcoins could be higher than what happened to Bitcoin. Unfortunately not all altcoins can do that, or the momentum can occur alternately and not simultaneously.
Investment is closely related to planning. If you plan your investment well, the results you will get will most likely be good. Pay close attention to how you choose investment assets. it is sometimes difficult to do and more beginners make the wrong first steps when choosing assets.
Recently I dived more and more into the solana altcoin and I wondered wheter it is too late to jump into it or not?
I still believe Solana's growth in the market has a long way to go. The use of the Solana ecosystem is currently getting bigger. and that will be good for their market in the future.
you just need to plan your investment in Solana. it's never too late to invest. The most important thing is that you have self-control and the right understanding regarding investment. so you won't be too quick to conclude that you made the wrong decision when you just entered.
If people want to avoid more bigger problems then maybe they should start eliminate the fear in them and go to the right person that can teach them on how they can possibly teach to became a pro. Traders should not go beyond on their capacity like they only trade what they can afford to lose at that time, since for sure their experience towards trading is satisfying especially if they develop some useful attitude that can help them to do good trades..
finding someone who can teach them to trade is a good move. it would even be better to do so before they start or try trading on their own. We know that sometimes there are people who try first because they are curious. but after they fail they look for someone to teach them better. Experience always provides valuable lessons. but it depends on the trader himself, whether he succeeds in taking lessons or not. If it doesn't work, maybe what happens is that you fall into the same hole several times.
I don't know how many people do this, checking exchanges on monthly basis to know their performance and know how to go about them. This is a source from Coinglass that shows the top cex that has done well this month.
some users may not have many accounts on exchanges. only have one or two accounts on the CEX exchange for trading purposes that they already trust and think they are comfortable with.I don't think many people will check the performance of the exchange. maybe check when they have new tokens in their wallets that are planning to be listed on CEX.
it may be different for those who trade with an Arbitrage strategy. they definitely monitor how developments and changes occur in each exchange to look for opportunities.
Re: What is your pick for best altcoin for bull run of 2024 ?
when a bull run there will be quite a lot of altcoins growing along with a strong market. Bitcoin's movement this year is quite good but for Altcoins there are not many that can make high pumps. perhaps we can wait until the end of the year to see a bull run that runs until early next year. One of the potential assets that I am preparing is SOL.
Hey mates, as we get closer to the halving, I wanted to ask, what are your top performing altcoins for the year so far, and which ones are you looking to add to your portfolio as we progress deeper into the year
I don't have many altcoins for investment. and I also don't focus my investment on the Bitcoin halving. Sol is one of the altcoins that interests me and I make it an investment asset in my portfolio. ETH is another altcoin that I keep in my wallet. I don't expect SOL to increase tremendously this year. but it might be good enough if I keep it long term.
Don't get me wrong, ETH has many things going for it, such as a very large and active developer's community.
However, I believe that ETH is extremely overvalued, while SOL is extremely undervalued.
I also have quite positive thoughts about SOL, but we never know how its growth will go. not to mention, there are currently more and more memecoins on the SOL network. This can be good, but it can also be bad for the SOL market.
I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?
The advantage of memecoin is that pumps and dumps can occur very quickly. that's very normal for memecoin prices. not all memecoins will be good for you to invest in. You have to take a good look at memecoins that have potential. and choosing memecoin I think is quite difficult at the moment. and maybe you should pay attention that memecoin will not be suitable for you to hold in the long term. Once you get an increase in price, then sell without regret. that would be better for you than thinking memecoin will continue to rise.
I am currently 100% in altcoins and wondering when we can expect the next big alt season?
I plan to hold all my altcoins till this alt season when alt coins are performing better than Bitcoin and then start putting profits into Bitcoin.
such a situation would probably be difficult to obtain nowadays. Seeing Bitcoin adoption will remain stronger and hoping to sell your Altcoins at a profit and move them to Bitcoin may be too late. you have to wait for the market momentum to get bad enough again to avoid the market crashing.I plan to hold all my altcoins till this alt season when alt coins are performing better than Bitcoin and then start putting profits into Bitcoin.
Altcoin season momentum will still require strength and encouragement from Bitcoin which is quite strong. if Bitcoin corrects it could make the Altcoin market conditions quite bad before the start of the pump season.
With the upcoming Halving event in a few weeks, does the community think whether we still have more than 30% drop to go (from the highs last month), or is it a good time to load up on Alt-coins again?
market movements may experience a slight pump. but it wasn't a strong boost caused by Bitcoin's movement. it will only happen in a short time and on a small scale.
a period of market growth usually occurs after the halving is over. So don't be surprised if when the halving occurs nothing big happens in the market. but I believe we haven't hit rock bottom yet. we might be able to go down even deeper.
I think both coins are good for long term investment. If I have a chance to invest now, I will split my money in both coins. I am pretty sure that those coins are profitable most especially in future. Those are the future of the market and I am 100% positive that Solana will be one of the top 3 coin in the future. Again, for me both coins are profitable and good to invest in.
Solana's value and market growth progress is indeed quite fast. Maybe it's also because Solana comes with a solution to cheap and fast transaction fees which is a problem that occurs with Ethereum and Bitcoin.
Binance smart chain also attracted attention first because of its low costs. but the situation of their network adoption declined when quite a lot of new tokens from the BSC network were also scams.
I don't know if it will also have an impact on the Solana network, we can also see that currently many tokens on the Solana network are also scams, maybe also because of the current popularity of memecoins.
if for long-term investment. Ethereum has proven that it can survive and continue to grow for a long time. and seeing what Solana is doing, I'm sure it will also grow very well in the future.
Which altcoin shoud I be carefully looking at now as BTC goes a little down, do yoiu think..=?? Anything interesting in the trading platforms moving up against the other trend..??
Got an eye wide open on something very interesting right now, bnut don't know what you guys would say about this at the moment...
)Aren't you doing your own research, OP? because, after all, there are so many good altcoins with potential that we can actually buy. Especially now that there has been a correction in bitcoin, most of the top cryptos have also lowered their price values in the market.
Try checking coinecko dude or cmc about top altcoins and meme coins. Because what's trending right now are coins under Depin, Rws, and AI tokens.
And also add the top utilities under solana network.
if you follow the trend to trade or to invest. You have to be good at short-term planning. Trends developing in the market can change in a short time. it can be profitable but it can also harm you if you lose momentum.
like the Bitcoin pump momentum that occurred some time ago. that makes the market conditions of most altcoins also quite good. but if you enter at a time like that, then the situation will be different now when the market experiences a correction.
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
yes I hold altcoins but not for long term. We must make our investment plan for each asset. There are altcoins that are suitable for the short term or vice versa for the long term and are quite safe.If the altcoin is already listed on an exchange then you can sell it on that exchange. You can see the trading volume and you will see how much interest the market has in the altcoin you want to sell. The higher and more demand, the better the growth in asset value. it is like the nature of the goods being traded.