For those who say Ethereum gas fees are high, maybe you should often look here https://etherscan.io/gastracker. Take a moment to look at it so you don't say Ethereum gas fees are too high. Currently the transaction fee is only 4 Gwei or $0.18 for every transaction and in my opinion this is very cheap.

I attached a screenshot so it wouldn't be said to be just bullshit.

Gas fees rise and fall depending on traffic and market conditions. Currently gas fees have decreased, which is very good for us if we want to make transactions on the ERC20 network. Because some time ago there was a high ethereum gas fee.

Quote from: doc on May 10, 2024, 01:44:53 PM

We really have to use free money to invest in crypto, whether trading or holding. because we know, crypto is unpredictable and very volatile. If prices suddenly drop, we don't need to panic about that money because we don't need it in the near future

Free money is important for trading because we cannot identify the value of our hold coin so anything can happen with its price therefore if we use an extra amount other than the amount used for daily uses or emergency then we can sustain our investment or trading without any worries.

Trading and Investment both are suitable but if we use money other than our expenses because trading makes us distressed and due to this stress if we decide wrongly then our money will be lost as a result of which our whole financial system will be affected.

That's the reason why we have to have jobs in the real world and not just have one source of income from crypto. Apart from using free money, we must have other income to meet our living needs

Quote from: legend45 on May 10, 2024, 05:39:24 PM

If you invest more in bitcoin, that's good, because holding bitcoin is safer than altcoins. But if you want to get higher profits, you should diversify by collecting several potential altcoins. of course this produces bigger profits than just investing in bitcoin.,

In accordance with what you said, however, altcoins can also provide many benefits when you can utilize altcoins well, being brave enough to face the risks that exist will provide an opportunity to gain a lot of profit. Bitcoin may be used as a long-term investment, but for daily trading we can try altcoins.

For daily trading, I also choose altcoins, because we can get higher profits. This is in my opinion. I only hold bitcoin for the long term, and choose the top 20 coins for daily trading. I will analyze the coins that I will use for daily trading, before I decide to buy.

Quote from: dekafee79 on May 11, 2024, 12:01:13 PM

If you want to be safe in investing, choose old coins, but there are also new coins that have great potential, but we have to do research first so we don't experience losses. but if you lack knowledge and experience, you should choose old coins.

Neither all old nor all new coins are profitable but the top coins can minimise your loss because of its already obtained trust from its holders. There are also some new coins which can give you huge success so sometimes trending coins are better to buy but the selling price should be based on the value which you have selected as a target.

Knowledge is necessary for both old coins investment or new coins investment but the time of holding should be understood clearly as some people lack the ability to target a value of selling so that is why they miss to get a big reward.

If you want to achieve success with big profits, whether new coins or old coins, buy at the right time and sell at the highest time. This is very difficult, because we cannot predict when it will happen? We can only buy when it is bearish and sell it during the bullish season.

Quote from: Wiseman on May 11, 2024, 08:00:03 AM

The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.

Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.

You are right, bitcoin has limited supply and high demand, this is what makes the price of bitcoin very expensive. Especially after the bitcoin halving, the price of bitcoin should have risen high because miner rewards were cut in half, but why is the price of bitcoin currently struggling and experiencing frequent corrections? That's how unpredictable Bitcoin is

Quote from: IvugeoEvolutionCoin on May 05, 2024, 06:34:57 AM

When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

Yes, bro, I agree with you, most likely we have already sunk to the bottom where the market may now be, if it goes lower, it will be fatal, most likely it will stay at this level for some time, then it should still go up.

Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

Quote from: Doovla on September 20, 2023, 04:22:58 PM

Even though Vitalik,the creator of Ethereum got hacked and stolen Ethereum get even more popularity because.Easy to see and get to know how network platform work, set new altcoins and both profits from main coin Ethereum and the rest.The size of Ethereum is really remarkable and giant ,for handle to get really nice profits.Expected is some red movement by bear market and more green by bullish market soon.

Currently, the price of Ethereum which can become this expensive has shown that Ethereum is an altcoin with a pretty good product, many smart contracts have been created on the Ethereum network and are based on ERC20. Some time ago, the SEC also stated that it would support Ethereum ETFs, but there has still been no official announcement when Ethereum ETF will be accepted.

Just wait, dude. Maybe the SEC is still reviewing the ethereum proposal, until now the ethereum ETF has not been approved. In fact, ethereum is the second safest coin after bitcoin for long-term holding, so the SEC doesn't need to doubt that

Quote from: DAMKAR on May 10, 2024, 06:02:15 PM

Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.

Many people discuss the differences between professional traders and beginners, but I think this is only a matter of time. Even if a beginner is willing to learn from the experience he has gained, one day he will become a professional trader.