For a very long time, Ethereum will be in second place, but I’m not sure that it will always be there because all the new projects now are not interested in some complex blockchain that Ethereum has and some very popular project like Solana may well overtake it in future and leave it far behind.

Anything can happen in the future, but for the next few years I think ethereum's position will remain strong at rank 2. Maybe after new coins that function as networks start to become popular and are widely used by crypto projects, we will see ethereum being replaced by The new one has more benefits such as lower gas fees and faster transactions.

I think mining bitcoin will still be done in the future because it is still profitable, especially since it is possible that in the future the price of bitcoin will be higher than today. So the opportunity for Bitcoin to become the currency of the future, I think is still there and is likely to happen

Bitcoin mining has not been so profitable for a long time. Do you think because everyone who is currently engaged in Bitcoin mining has either free electricity, but this category of people are most likely scammers or Those who have huge subsidies and electricity costs them very cheap, for everyone else it is not profitable to mine Bitcoin.
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Bitcoin mining requires large costs, procurement of equipment, electricity costs, etc. but until now there are still many bitcoin miners who are still active and surviving, so I think bitcoin mining is still profitable.

Quote from: Rubel007 on April 21, 2024, 09:09:24 AM

Altcoins haven't grown as fast as the Bitcoin market bullish. By Bitcoin little correction altcoin price fall drastically. Due to which we have not yet been able to see the situation that is created in the market due to Bitcoin halving. I have not seen the price of money altcoins increase. I think Altcoins need more time to grow. We have to wait until this year and next year in particular. And the best strategy for this would be to hold. Those who hold will definitely be profitable. Moreover, an investor doesn't have to spend a lot of money to hold or keep up-to-date information.

Of course, altcoins will not have price movements like bitcoin, altcoins and bitcoin have differences in supply and products that have a big influence on the price. Altcoins will only have price increases depending on bitcoin price movements. If bitcoin increases then usually altcoins will also increase.

You are right, if the price of bitcoin increases the price of altcoins will also increase. Because the price of bitcoin will affect the price of all altcoins. Bitcoin is a safe investment for the long term and we can add to our coin collection by buying and holding some potential altcoins,

Quote from: Blaze on April 23, 2024, 07:27:17 AM

The future is unlikely to be the right currency to use for transactions. The comparison of the supply of Bitcoin and humans in this world is very different, so this will make Bitcoin price movements unstable and it will be dangerous if used to make transactions because the price exchange rates can fall and leave recipients of bitcoin payments without a profit

I think you are right because Bitcoins cannot be the currency of the future simply because in order to use transactions you need someone to mine Bitcoin. And when in the future there will be a last Bitcoin. And no one will mine it, which means that no one will provide the capacity so that it would be possible to transfer Bitcoin from one Wallet to another only if they do not come up with some kind of workaround to make this possible.

I think mining bitcoin will still be done in the future because it is still profitable, especially since it is possible that in the future the price of bitcoin will be higher than today. So the opportunity for Bitcoin to become the currency of the future, I think is still there and is likely to happen

Quote from: Blaze on April 23, 2024, 07:48:35 AM

Quote from: BitMaxz on April 22, 2024, 11:00:11 PM

Take note of top 20 coins on coinmarketcap/coingecko but not all of them are good like meme tokens like Shiba inu its just hype right now but it is not a good investment for the long term it can die in the future because it does not actually have any use unless developers develop a project that can use these token that can burn tokens once you use this token on that project.

Exploring the top 20 coins on coinmarketcap or coingecko is too much in my opinion. It's best for safer trading to lock up the top 10 coins and keep them safe because I really believe these top 10 coins have a chance of becoming very expensive someday. Because basically they succeeded in being in the top 10, meaning they have a lot of supporters, so this makes me believe that the project they are developing is very good and of interest to many people.

The top 10 coins or 20 coins in the market are popular enough that they have billions of marketcaps in the crypto world. so they must be trusted because huge amount of investors have already invested here. coins that have investors are less likely to be scammed. Although we have also seen top coins like LUNA, UST crash. Investment means risk, so you have to accept this risk for investment.

LUNA was a bad experience for investors who invested in top coins in the past. Many were disappointed at that time. but in my opinion the chance of losing on old coins is smaller than on new coins, so we don't need to be afraid of investing in old coins because old coins are more popular and many investors hold them, new coins are prone to fraud.

Both Bitcoin and Gold are assets to invest in for longs because neither can deliver profits very quickly. The rate of change in Bitcoin price is much higher than that of gold, but the large dumping hall of Bitcoin price does not see much of a drop in gold price. so if one wants to get big profit then he must invest long term either in gold or bitcoin. But here is the issue of risk, in that case investing in Gold will be safe and investing in Bitcoin is high risk.

Anything with a higher risk will produce greater profits if we do it with the right analysis. Bitcoin is riskier because the market is very volatile, but it is more profitable than gold. That's why currently many investors are switching from gold to bitcoin.

Quote from: Vx1 on April 21, 2024, 11:54:04 PM

Yes, it's true that if we can, we can buy coins before the hype, and when the hype is over, we will get a profit from our trading. Therefore, it is very important for us to have a community in cryptocurrency trading, because with the community we can get information about potential coins for us to trade. And then we can do further analysis for these coins, whether we want to buy them or not.

That's not that easy to find potential coins if you hear a coin just from the community some of them just promoting a coin you must DYOR always.
Old coins that are not so well-known are now dying slowly but not all maybe this is not the time to see these old altcoins to perform well before the block halving.
Since these days is not altcoin season yet maybe next year we will see these other coins will perform well during altcoin season.

Yes, old coins that have no potential and popularity will slowly die, but old coins that have been in the top 20 coins are still around today. We can invest in old coins, if we want bigger profits we can invest in new coins, but we know the risk of new coins is greater