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Messages - Workcrazy101

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We all know that the Binance Smart Chain is always within the reach of Coinmarketcap's top 5 rankings.
But this position is certainly very vulnerable to being able to compete with each other with various coins that are already on the market that have a good ecosystem.
Does anyone in this forum know the main competitor of BSC who is ready to shift BSC from its current position on Coinmarketcap ??
Although Ethereum dominates the market in smart contracts, DeFi, and NFTs, new players are emerging fast.
The closest rival to Bsc as of now is Cardano (ADA). Polkadot deserves a shout too. I've invested quite a bit in most of these crypto asset cos i know they've all got the potential to bull. Storing them in my Trofi wallet till cash out season.

2
I have some Ethereum that I want to hold until 2030 and take the risk in thinking at least a 5 to 10 rise from current prices or if Ethereum improves i.e. more faster, less costs, metaverse takes off then the price could easily rise by more than 20 times.

What are your thoughts?
According to experts the valuation of ETH would range from $38,606.15, with the possible maximum peaks at $47,468.28. Therefore, on average, you can expect the ETH price to be around $39,995.93 in 2030.That's a huge ROI if one truly wants to buy and store up ETH up till 2030.

I'm also holding on to as much ETH in my Trofi wallet cos Trofi exchange offers huge APRs for as long as i can and I'd advise new investors to take advantage of the dip in the crypto market to invest and save up for the long term

3
Ethereum Forum / Re: About ETH holding up
« on: August 27, 2022, 10:02:42 PM »
In my opinion, if it is related to holding Ethereum, there is no need to doubt it anymore. Ethereum is the best altcoin and the best crypto after BTC. We can hold Ethereum to prepare for the future bullshit. I'm holding some as well a staking then on trofi exchange and getting high Apr, as high as 400%.
Agreed. ETH is future-proof. I'd recommend ETH holders to just be patient until its valuation rises again. Based on expert's analysis ETH would ever be on the increase regardless of the occasional hiccup. And like you I'm also storing up my ETH assets in my TroFi wallet.

4
Ethereum Forum / Re: What is the future of Ethereum
« on: August 27, 2022, 09:53:56 PM »
Let us share our idea about the future of Ethereum.

I know we have been there in bull run in the past years.

Now as Ethereum remaining in the silent place with btc and other leading altcoins what do think about its future?
Talking about the "Future of Etherium" - After years of analysis of the Ethereum price, crypto experts are ready to provide their ETH cost estimation for 2030. It will be traded for at least $38,606.15, with the possible maximum peaks at $47,468.28. Therefore, on average, you can expect the ETH price to be around $39,995.93 in 2030. Potential ROI: 2695%

That's what I call a great future if we're looking really long term. I'm holding on to as much ETH in my Trofi wallet cos Trofi exchange offers huge APRs and I'd advise new investors to take advantage of the dip in the crypto market and invest in as much as you can afford.

5
Ethereum Forum / Re: Ethereum Hit $7000 in 2023?
« on: August 27, 2022, 09:37:40 PM »
It's been a great year for Ethereum even with the recent pullback. The price of the blockchain's ETH native token has soared more than 440%. With a surge in the final days of December, there's a good chance that Ethereum could end the year well above $4,000.
The cryptocurrency probably won't more than quintuple again in the new year. But could Ethereum hit $7000 in 2023?
After the analysis of the prices of Ethereum in previous years, it is assumed that in 2023, the minimum price of Ethereum will be around $2,846.32. The maximum expected ETH price may be around $3,410.85. On average, the trading price might be $2,926.10 in 2023. With the current crypto ecosystem suited for investors make sure to get a good DeFi platform to buy and store assets ahead of the rainy days. TroFi exchange, eToro and Binance are one of the best ones out there to get the best APRs.

6
Ethereum Forum / Re: Can New coins be like Etherum?
« on: August 27, 2022, 09:18:23 PM »
It has occurred that new Cryptocurrency project are trying in different dymension to compete with already existing token and coins in the crypto currency market, so do you think that new Cryptocurrency project is going to beat etherum in terms price value, is that possible or not?
Putting it as simple as possible, in the crypto space nothing is impossible. Although other altcoins like BNB, Sol and Polkadot would need to put in a lot of work and refinement into their crypto tech to met up to the golden standards of Bitcoin and Etherium

7
DeFi tokens / Re: How to invest in DeFi?
« on: August 27, 2022, 08:59:20 PM »
In yesterday's article, we touched on DeFi.

The most important aspects we discussed:
-What is DeFi?
-How to invest in DeFi - methods
-Where can you buy DeFi tokens?
-The best DeFi crypto coins

The article is available at this link:
https://coincasso.com/akademia-blockchain/how-to-invest-in-defi/
Decentralised Finance (DeFi) coins have found their way into the minds of many cryptocurrency investors and people outside of the crypto community who have a genuine interest in entering it for the very first time. DeFi platforms have provided users with ways to borrow, save, lend or trade crypto without any traditional bureaucracies found within the financial markets.

1. Prepare a Wallet
2. Purchase Crypto Coins
3. Get Started With Protocols
4. Track Your DeFi Investments

That said finding a good and secure DeFi platform which offers great APRs like Trofi Exchange and the likes affords you a good experience.

8
DeFi tokens / Re: What is your favorite Defi token ?
« on: August 27, 2022, 08:44:41 PM »
There are so many defi projects that are out there but one have to make thorough research before investing in any expecially at this point the market is not really in good shape.
Holding for long term or scalping is the way one can maneuver the manipulation of the market, as well as to stake in exchanges that offer good Apr like TroFi exchange and some other exchange
Yeah, I agree with you on getting a good exchange platform. In order to pick the best DeFi or DEX coins (native tokens of DeFi exchanges) for your investment portfolio – you’ll need to consider metrics surrounding:

Current market capitalization
Growth potential
Past performance
Objectives and road map targets
Token cost price
Exchanges that list the token
When weighing up your options you should also consider the most undervalued cryptos as these often possess the most potential for exponential growth moving forward.

9
DeFi tokens / Re: Best DeFi token for staking?
« on: August 27, 2022, 04:29:55 PM »
There are many DeFi platforms, please visit this link https://coinmarketcap.com/view/defi/
by the way i am currently reviewing the DeFi platform made by Digichain, Digichain is a new project and has a market cap of under $1 million usd, I think this project can compete with other projects because the team will make blockchain 4.0 which has better speed than other blockchains. (NFA)
Here's an overview of the best crypto expected to do well in the DeFi sector.

Battle Infinity (IBAT) – Overall Best DeFi Coin Project in 2022
TamaDoge –  Best Young Crypto Project
Lucky Block (LBLOCK) – Best DeFi Coin for Passive Income
DeFi Coin (DEFC) – Best DeFi Coin for Staking
Cosmos (ATOM) – Crypto Project Connecting Blockchains
UniSwap (UNI) – Best DeFi Coin by Market Cap
Cardano (ADA) – Best DeFi Coin for Innovation and Security
Decentraland (MANA) – Best DeFi Coin for Metaverse Enthusiasts.

Depends on what ticks your fancy. One of the most important things to consider after deciding on a DeFi token is the APYs available to best maximise one's investment. I use Trofi exchange to get the best APRs

10
Staking/locking of assets is indeed an ample opportunity for investors with long term goal, as it brings more profits based on the tenor picked. One thing I always consider before picking a platform for staking my asset is utmost security, irrespective of the APRs provided. Few people mentioned trofi as a good staking platform here and I had to do my research. I am impressed with their robust security measures including the MPC. It is indeed the next platform for me to explore & maximise their features to my advantage..
Yeah. Trofi put the security of investors' assets as top priority. Found out that the most promising technology in private key security was adopted and still open to good updates as time goes by.

11
Ethereum Forum / Re: Transaction fee of etherium
« on: August 27, 2022, 01:44:33 PM »
The etherium transaction gas fee has been increased so much that many dollars are being deducted to transfer any token.  If this is the case with the Etherium platform, then the Etherium platform will fall far behind.  From here, all investors will move to another platform. As soon as possible, its transaction gas fee should be reduced.  What do you think about this?
Very soon the fee problem will be solved because Ethereum now converting their system form POW to POS. The point is for a more efficient network at lower costs. The network will be able to handle more transactions with less energy. It will lower gas fees and be better for the environment but either way you can still mine eth if you want. There’s a hard fork being developed to continue mining eth(ethw)
Like the Bitcoin (BTC) network, ETH gas fees compensate the network’s mining participants in order to reward them for verifying transfers. Despite numerous delays, we’d just have to wait a little for ETH’s multi-phase Ethereum 2.0 upgrade designed to improve scalability, security, and efficiency. Ethereum 2.0 will be changing from a proof-of-work consensus to a proof-of-stake model. Not only will this significantly improve transaction throughput (Ethereum 1.0 can process around 30 transactions per second, while 2.0 promises to complete 100,000 per second), but it will also significantly reduce gas fees by decreasing the amount of computing power needed for each transaction.

12
Ethereum Forum / Re: Is Ethereum the next after Bitcoin?
« on: August 27, 2022, 12:53:36 PM »
Ethereum is, to date, the most successful altcoin in the digital asset domain. It’s currently the second-largest digital currency by market capitalization after Bitcoin. Currently, investors are waiting for the biggest upgrades in the history of the crypto market, powered by Ethereum Merge. If anything I think now is the best time to invest in ETH assets as its value would go up by a significant margin. I’ve already got myself as much ETH as I can afford in my Trofi wallet

13
Basic Questions about Cryptos / Re: What is mining ?
« on: August 27, 2022, 12:14:39 PM »
Mining is one way to get Bitcoin which is the most popular cryptocurrency in the world. Bitcoin mining is done by using special computer devices to solve algorithms or mathematical calculations of Bitcoin transactions made by miners. The way bitcoin mining works is by blockchain. Many bitcoin transactions occur simultaneously. The transactions that occur at the same time are grouped into the same group, the group is known as blockchain.
mining refers to the process where a global network of computers running the Bitcoin code work to ensure that transactions are legitimate and added correctly to the cryptocurrency's blockchain

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