Quote from: legend45 on May 11, 2024, 06:25:27 PM

Quote from: Legion on May 07, 2024, 08:35:13 AM

It is better to hold on to some of the assets you own rather than having to sell them at prices that are currently still cheap, there is still potential for price increases that may occur in the next few years.

That's what we should do when the price of the coin we buy is still low, so we should hold it. Moreover, this season we will still see next year's bullish season, hold on to your coins and wait for the bullish season to come

Sometimes some people don't match our thinking, they are sometimes too panicked to decide to go out and sell at a loss the assets they own, but for those who have a lot of money and have managed their financial conditions well, they are not afraid when prices collapse and instead they will probably try to buy more.

The advantage for those who have more money is that they don't panic when prices fall and buy more to hold. Moreover, currently the bullish season has not yet occurred, so always prepare your funds to face corrections and buy when prices fall sharply

Quote from: legend45 on May 11, 2024, 06:29:41 PM

When talking about the interest we get when staking, we really have to compare. which coin is more profitable. And if I had a lot of funds, I would also buy all the coins because they have great potential to hold.

Therefore, before investing or staking, we have to pay attention to the interest we get. It is best to look for interest that has a very large amount because we can use it to buy daily necessities.

You are right, I also agree with you that if we have plans for staking, it is better to choose the highest interest rate because while waiting for the bullish season we can get income that we can use to meet our needs.

Quote from: DAMKAR on May 11, 2024, 02:02:54 PM

Quote from: JoyMarsha on May 10, 2024, 11:41:49 PM

When something is addressed as the king, they stay at the top spot, while others stay below. The king leads, while others follow.

Coming to the cryptospace, what stays at the top? Is it Bitcoin or Ethereum? Your answer should be bitcoin. What controls the crypto market, that when it increases or decreases other coins are affected? Bitcoin.

However, the mentioned facts can easily make you understand that Bitcoin earns respect as the king of crypto, and ethereum earns herself as the queen of crypto because she occupies the second spot in the crypto ranking, not the first spot as bitcoin

I agree with you. Bitcoin is the king and ethereum is the queen of crypto currencies. Bitcoin will always influence the performance of other altcoins, this is a reality. because the king is always in front of and followed by his followers

Therefore, we must continue to take advantage of bitcoin price movements which can have an influence on altcoin prices in the market, for example Ethereum. When the price of bitcoin collapses like it is now, many altcoins will also collapse. The market is currently unstable and seems inclined to decline in prices.

The market has improved again, so we should remain optimistic when looking at the market this time. There are many potential altcoins that we can buy to hold, even though the price is starting to get high, I am still sure the price will be much higher than now.

What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.

Actually, what you are doing is very good, and it is not easy because there will always be a lot of temptation to sell it when you see the price is as high as it is now. But if you continue to do the program, it will certainly be very good until ATH occurs a second time. There is no need to look back when you are doing DCA but look forward to the highly anticipated results.
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The DCA method is a method that allows us to have small capital to invest large amounts of buying coins in stages. And it's best to do it until the coins really enter the bullish season, because at that time we will get a lot of profit from our coins. We can also get capital by joining bounties, airdrops and perhaps by doing daily trading, using the DCA method

Quote from: Freemind on May 13, 2024, 07:20:49 PM

Quote from: Metha Wulandarin on May 12, 2024, 10:47:08 PM

You are right no one guarantees that the Altcoin season will happen in the next year but everyone has the right to give their opinion or prediction there is nothing wrong with predictions and there is no prohibition to make predictions because predictions can be right and can be wrong

Actually, "predictions" should be called "assumptions". In some ways we can be guided by what has happened in previous cycles and everything we have learned, but that does not imply that it will happen again. Predicting the value of Bitcoin, for example, is of little use, since at any moment something unexpected can happen, such as bad news for the industry (remember the Chinese ban on cryptocurrencies) and cause the value of the total market to sink to unimaginable levels, I think things like this are what we should be more prepared for. We may see an alt season, but we don't know when.

Everyone has their own way of managing their portfolio with a little tweaking and input from others and learning from experience.
I also thank you for reminding me and giving me new knowledge.

Even though we have to have our own analysis, at least as a literacy we read the news and get input from other people, even if it's just input because the decision is still our own analysis and decisions. because after all, it's our money and it's our risk

Quote from: legend45 on May 11, 2024, 06:31:42 PM

Quote from: Primo1760 on May 10, 2024, 11:39:31 PM

Quote from: kulkhan on May 10, 2024, 10:29:48 PM

Quote from: noahlucas on March 31, 2023, 11:24:17 AM

One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.

There are many ways to choose crypto to invest. There are many currency available in cryptocurrency market to invest Some are good and some are not good for investment. To invest we have to look thats coins Quantity, Network, Supply, Market, and market statistics etc. If you follow this i think it will be helpful for you to invest on cryptocurrency.

Yes there are many ways to choose a crypto to invest in. Among the thousands of coins in the crypto market there are many good coins and there are also many bad coins. Some times investing in bad coins gives a lot of success and some times investing in good top coins leads to losses. But I think so that it is better to invest in coins that are popular and have high demand among people like bitcoin, ethereum, solana bnb etc.

yes I agree, the coins you mentioned are the top coins on CMC, bitcoin, ethereum, solana and BNB I also have them in my wallet. It's best before doing research, first look at the coins at CMC because demand is the main key to increasing the price

I don't dare to buy coins other than the ones you mentioned because it involves the capital I use. I don't have much time to always look at exchanges because work in the real world is too busy so I made purchases of Bitcoin, Ethereum, Solana and BNB for future investments.

My decision was correct if I only bought coins such as Bitcoin, Ethereum, Solana and BNB. They are the top coins in the top 5 coins and will likely last for the next few years. If you don't have time because of your busy real world, you should become a holder. it's safer and you don't have to look at the market every day

Quote from: Gladitorcomeback on April 26, 2024, 09:19:06 PM

Quote from: de_prof on April 25, 2024, 02:34:21 PM

DCA using money that is free and untouched by primary needs is the safest way to hold bitcoin or other crypto for the long term. While buying coins we can monitor the market movements of other potential coins. This is what I've been doing all this time.

A lot of new investors ignore this, but one of the primary principles of cryptocurrency investments is to only invest the money that isn't supposed to be used for anything else which means that you shouldn't invest money that you need to use for something else in your life so that if you needed to hold the assets for longer than you might have expected, you shouldn't have any problems with that.

The method you are using is the perfect method, without a doubt, because if you are using money that is free from any obligation, you won't worry about how long the bear market gets or how much you might need to wait before you get some profit on your investment.

That's right, we have to use money specifically for investing or trading. Never mix money used to buy living necessities and money for trading or investing. The importance of managing the finances we have is very useful so that our life becomes calm and makes us stressed when the money we have all goes into cryptocurrency but is stuck at high prices.

If prices fall and we are trapped in high prices, this will cause panic and stress if we don't use free money, because we will use that money to meet our needs. So we should look for capital by participating in bounty campaigns and airdrops to get rewards that we can use for trading or holding.

Quote from: Wiseman on January 28, 2024, 07:46:34 AM

It is better not to compare and buy them all, I believe that these are some of the best coins on the market and investing in them will bring good profits, only I am not sure about ETH etherium, as in my opinion it will bring the least interest.

Comparing the profits or interest we get when staking or investing in several altcoins is really necessary because it will determine how much income you can earn every day.

When talking about the interest we get when staking, we really have to compare. which coin is more profitable. And if I had a lot of funds, I would also buy all the coins because they have great potential to hold.