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Messages - legend45

Pages: [1] 2 3 ... 124
1
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

2
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.

3
I don't see the development of TRX project, I think if their team don't have good improvement TRX will be leaved by many investors. It's just my opinion about this coin , maybe other can share if there is development of TRX project.
TRX will not be abandoned by its users because currently TRX is widely used by traders to send money using the Tron network which has cheaper costs and a fairly high transaction speed.
I see that there are still many people using the TRON network, this is what makes TRX not be abandoned. but TRON devs also have to think, many competitors have advantages, so it could become an alternative network besides TRC20

4
TRON (TRX) Forum + Ecosystem / Re: Are you investing in TRC20
« on: May 11, 2024, 06:25:27 PM »

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

5
Basic Questions about Cryptos / Re: Invest or bounty?
« on: May 11, 2024, 04:20:25 PM »
It is very difficult to find a valuable airdrop, because we have to join the group and do all the tasks of the airdrop. Actually, if you have free time, you can do it and participate in the airdrop, but if you don't have time, it's best to become a holder,
At this moment in time, I wouldn't advise no one to go participating in airdrops because airdrops are a complete waste of time, rather than wasting one's precious time on airdrops, it'll be a lot more better to save up some money and look for something meaningful to invest in, Bitcoin is a good example, Bitcoin has a a better chance of making profits. So whether you've got a spare time or not, it'll be worth while to use that time to do something else rather wasting that time to participate in airdrops.
Airdrops are a way to get rewards that we can use to invest in bitcoin, although not all airdrops are worth it. because many airdrops are completely worthless, just a waste of our time. this is the existing reality.

6
Voting / Re: TRX or ETH?
« on: May 11, 2024, 04:18:15 PM »
It is clear that the Ethereum platform is more popular and has many fans than the TRX platform because Ethereum is an altcoin that has very high security and has a fairly high trading volume so that Ethereum remains the king of altcoins.

True, the only aspect of TRX that makes people still use trx instead of Eth is “gas fee and probably speed”. Whenever I want to move my funds from one exchange to another, let’s say from Binance to KuCoin due to the fact that Binance no longer supports p2p in my country I usually go for trx.

But when you bring other aspects into consideration Eth dominates in them.

I can say that if you want to avoid gas fees in terms of transactions, it's definitely better to use TRX and TRX network. But for altcoin investment it is best if you hold Ethereum coins. Because Ethereum is one of the oldest trusted coins, I hold 3.6 Ethereum and that is until 2025. But in comparison, I hold TRX coins with a small amount of $500, so in terms of my investment size, I put Ethereum coins in second position.
The right opinion, if we want to hold for the long term we can choose ethereum, but if we want to make transactions with lower gas fees we can choose XRP. It all depends on what we need and this is adjusted to our goals.

7
Agree with what you say, so far Bitcoin has very high demand and many people want to have bitcoin because they realize that bitcoin is very good as a long-term investment.
Bitcoin is indeed a very good place for long-term investment, as you have said, bitcoin does have high demand and the available supply is also very limited.
The most appropriate coin choice for long-term investment is bitcoin, it is the safest with limited supply and high demand. This is why the price of bitcoin will always rise after the halving or 4 year cycle.

8
Cryptocurrency Trading / Re: Do not neglect fundamental analysis.
« on: May 11, 2024, 04:13:49 PM »
No matter how good the existing fundamental analysis techniques are, when you trade on Meme coin and applying analysis like this of course it won't have any effect, techniques like this can sometimes only be implemented in Bitcoin even though they are not completely in accordance with what we have learned.

Meme coins don't work like normal cryptocurrencies, so neither fundamental nor technical analysis works if you are applying them on a meme coin because their movements aren't regular or they don't move based on the market but they depend on community hype and they gain or lose value when they are being hyped or being abandoned by their investors.

So when someone decides to invest in a meme coin, they need to understand that they can't know its future or see whether it has potential or not by doing an analysis but they can just make a bet on it with a small amount and see whether they win or lose after some time.
It's difficult to do analysis on meme coins because most meme coins only rely on hype and support from famous people such as Doge which is supported by Elon Musk. I only buy popular meme coins, because I don't have the knowledge to analyze new meme coins

9
Binance Coin (BNB) / Re: Investment of BNB
« on: May 11, 2024, 04:06:09 PM »
When discussing CZ and RT, I think Binance has thought about this decision, because Binance seems to keep the exchange and its coins safe and that has been proven. When I heard that CZ had a case, I thought Binance would definitely have a good solution, and it turned out to be true by making RT the new CEO.
Even though the new CEO at Binance is currently held by RT, he still has to use CZ's mistake as an important lesson so that it doesn't happen again when RT becomes CEO. Again, hopefully RT can make strict regulations for the circulation of money on the Binance market.
It seems that Binance has started monitoring suspicious transactions and blocking their accounts. RT must learn from CZ's mistakes in the past, it's true that it has to be like that. Because Binance is a reputable exchange, don't let Binance's reputation be damaged.
What Binance has done has been done some time ago, but not very actively and only partially, but when CZ got this case, Binance became more aggressive in paying close attention to the movement of money entering the Binance exchange. They don't want their exchange to be used as a as money laundering again.
Yes, Binance is currently stricter in viewing user transactions because of CZ's past experience of getting involved in the law, Binance must be more careful as the largest exchange. This is a reputation issue, so the Binance team must protect it

10
Dogecoin Forum / Re: Will DOGE be defeated by SHIBA?
« on: May 11, 2024, 04:02:59 PM »
Exactly, as you said, a new project will have a lot of interest depending on the product they have. Even though it has entered the exchange with high daily trading volume, if the product they are developing is not very useful and has a very large supply, it will make This project does not have a good price.
Agree with what you say, so far we can see many projects whose prices are very cheap because the projects they are developing are not really in demand and the supply is too much like what happened with Dogecoin, imagine if the supply of Dogecoin was limited it would make the price rise.
Almost everyone is currently speculating about new projects that will lead to meme coins because they are cheap and easy, but as you said, their supply is so large that the price cannot be increased to reach the highest value. Likewise, with doge, with a large supply, there will be difficulties that will be experienced even though it is the best. When and is able to reach the highest value. When the bullish season comes, there could be another surprise.
If you want to invest in meme coins, you should reset first, because I have experienced losses in the past due to meme coins. Currently I only hold doge and shi, and plan to buy PEPE. I will collect meme coins that are popular and have a large market

11


In fact, everyone in cryptocurrency is very curious people. I don’t even know anyone who is involved or are they just cryptans in essence, all these people are very curious and they just studied it all, they like it. And when a person likes something, he starts talking about it tell others and teach others those who cannot understand just because he doesn’t want to do it but wants to make money from it.
That curiosity is what makes us start learning about crypto, by investing there. This is something that is very fun because by studying we gain knowledge and experience, so we can become professionals in both trading and holding.

And if we return to the title of this topic, it is precisely because people without the character trait (curiosity) very often find themselves deceived by falling into the tricks of scammers of which there are now a lot, and especially on the BSC network.
curiosity is very important in crypo, because we are not easily deceived by scammers. We have to do research and study the project before investing, there are many scammers on every network SOlana, BSC etc.

12
Dogecoin Forum / Re: Dogecoin Targets to hit $1 on Dogeday?
« on: May 11, 2024, 03:58:06 PM »
What's scary about whales is that they can manipulate, but they will be done simultaneously and cannot stand alone, so as long as they don't have an agreement, then nothing will happen to what the whales do.
Large trades by institutions can also influence trading and that is a normal thing to happen, but again, it will not be continuous and there will be limits because trade will move due to demand.
That's right, whales can manipulate the market, but this is only temporary and the market will return according to high demand at that time. So there's no need to panic when Doge manipulates the market, we have to take advantage of that moment

13
Dogecoin Forum / Re: What makes us believe in DOGE coin ??
« on: May 11, 2024, 03:56:18 PM »
Stay calm and wait until Elon Musk makes a good statement that can trigger the price of Dogecoin to rise like he did in 2021 which made the price of Doge increase very high.
Yeah, As long as Elon Musk hasn't tweeted about Dogecoin on his platform then we should take advantage of this to buy as much Dogecoin as we can.
Why are you too eager to wait for news from Elon to be able to boost Doge? Doge can also move, like when Bitcoin increases and is able to reach its best value, because of the role of the community, which can trade well. The most recent news from Elon about X being able to accept payments using Doge and not trying others, for example Starlink with the same payment, might be more sensational.
yeah, Doge fans are currently waiting for support from Elon Musk, even though Elon Musk has also provided support by accepting Doge as payment at Tesla. Maybe currently the doge movement has not increased optimally because the price of bitcoin is also experiencing a correction

14
So far there are still many who want to buy bitcoin, but the price is quite high, making those who want to buy bitcoin think again, there are still few who accept payments using bitcoin. imagine if many platforms started accepting payments using bitcoin then the price would trigger much higher demand.
Analysis of the price of bitcoin which can increase due to the influence of increased demand will of course have an influence on the price of bitcoin, but the problem here is that we don't know when bitcoin will be accepted in many countries as legal payment so it will increase the use of bitcoin.
If bitcoin can be accepted in many countries as a payment method, of course it will increase demand for bitcoin, this will make the price of bitcoin soar due to high demand. everyone also hopes that it will happen in the future.

15
The Crypto market is going in bad condition constantly it is going down side i don't know exactly crypto entered in the bear market ? Today the price of tron is $ 0.06 past 24 hours price down -5.25% stay safe with your investments because btc is still moving in critical stage.
The decline in bitcoin prices has occurred since the bitcoin halving which occurred last month. After the halving occurred, the price movement tended to fall and it seemed like there was no longer any support for the bitcoin market. In my opinion, this is a natural thing because before the halving Bitcoin had already increased its price due to FOMO from the Bitcoin ETF and it was approaching the halving so that the price of Bitcoin rose until it reached a new ATH and now is the moment for Bitcoin to return to its lower price.
The bullish season is expected to occur later this year and perhaps early next year. If you hope that the price of bitcoin will drop to a low price, many investors also hope for it because they want to buy bitcoin again and hold it for next year.

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