Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bitmover on November 27, 2024, 02:32:18 PM
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
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Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
If the bull run continues, maybe ether may still increase in price. I do not know but it is still possible. Ether was so disappointing. But its price did not decreased yesterday when the price of bitcoin and many altcoins are decreasing. Although, if it is me, I do not have interest in ethereum and SUI. My interest is in bitcoin. Any altcoins can disappointing at anytime. SUI has grown 10x already and it may dump hard if bear market comes. With how the market is right now, I prefer to wait for some days or weeks before buying.
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If you look at Ethereum, it is a bit disappointing with its price fluctuations, it's just that Ethereum is a bit slow to recover its price compared to its increase, but it is likely that many people will still use Ethereum. If it is for investment, it is better to switch to Bitcoin because the risk is very small compared to other coins.
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I personally prefer ETH than switching to SUI, considering the price, ETH is more promising in terms of price movements, even if I am disappointed with ETH, I will switch to SOL or BNB as a replacement investment
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
Perhaps the desire to transfer 10% from ETH to SUI stems from ETH's weakness and SUI's strength over the past few weeks. ETH has yet to return to its 2021 ATH, while SUI continues to set new ATHs and generate profits for investors.
I believe Sui is a promising project and if it succeeds, it could yield significant returns for investors, more than what ETH can offer because ETH's market cap is already quite large and it's very difficult to achieve a 10x or 100x return.
Every investment decision carries its own risks, but 10% is not a huge amount. If you've done your research on Sui and believe in its future, you can take a small risk for the chance of a larger return.
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
I think one generally retarding thing about altcoins and meme coins is that they perform with season. It's more like their sustainability is based on the intensity of hype during that particular period and as a result they usually turn out to underperform when they lose hype. Literally speaking, ethereum was a project with high hopes when it was newly launched and little by little it started underperforming.
The sui network looks like a quite nice one in terms of performance. But the question is how long is it going to hodl? Personally I believe although it's still possible to take on Sui now , I still believe you are quite late based on it's price trend.
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The sui network looks like a quite nice one in terms of performance. But the question is how long is it going to hodl? Personally I believe although it's still possible to take on Sui now , I still believe you are quite late based on it's price trend.
The point is how much upward potential it still has.
It has 1/4 of solana marketcap, which means it can duplicate 2x (400%) if it reaches solana marketcap
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I remember a few months ago when I started farming airdrops, I bought 50 dollars worth of SUI and made a stake
In the process, I earned 30 dollars from the airdrop of a token called DEEP, in addition to the appreciation of SUI
Today my wallet is worth USD 230
I think that's a good profit and I'm going to leave everything in SUI to see how far it can go
I need to study the whole project a bit better, but I've seen a lot of people saying good things about SUI
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I remember a few months ago when I started farming airdrops, I bought 50 dollars worth of SUI and made a stake
In the process, I earned 30 dollars from the airdrop of a token called DEEP, in addition to the appreciation of SUI
Today my wallet is worth USD 230
I think that's a good profit and I'm going to leave everything in SUI to see how far it can go
I need to study the whole project a bit better, but I've seen a lot of people saying good things about SUI
I was looking now the SUI stats in coinmarketcap.
THe problem is that the maximum supply in 10B tokens, and only 2.85B have been minted.
This would mean SUI price tends to go down when those coins are minted. To keep the current price with all tokens minted, it would have the same marketcap as solana .
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The point is how much upward potential it still has.
It has 1/4 of solana marketcap, which means it can duplicate 2x (400%) "IF" it reaches solana marketcap
Well you have a point. In your quote I actually emphasized on "IF". My reason for that is because although you may be correct it's still a speculation. Yes SUI has potential but how sure are we that it's progress would continue exponentially even after now? Remember you are actually stirring up this discussion because of an honest move to invest in an altcoin with potential.
As a result of this it's important that you weigh your odds since "IF" like I said earlier is a conditional statement. The question is would you be able to chill if SUI doesn't go as expected? . Anyways you never can tell except you take the risk though.
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I remember a few months ago when I started farming airdrops, I bought 50 dollars worth of SUI and made a stake
In the process, I earned 30 dollars from the airdrop of a token called DEEP, in addition to the appreciation of SUI
Today my wallet is worth USD 230
I think that's a good profit and I'm going to leave everything in SUI to see how far it can go
I need to study the whole project a bit better, but I've seen a lot of people saying good things about SUI
I was looking now the SUI stats in coinmarketcap.
THe problem is that the maximum supply in 10B tokens, and only 2.85B have been minted.
This would mean SUI price tends to go down when those coins are minted. To keep the current price with all tokens minted, it would have the same marketcap as solana .
I saw some posts on X talking about the release of tokens
If I'm not mistaken, there will already be more tokens to release december 02, and some users have even made a comparison that the token drops a week before, but when the tokens are released it seems that the price is already stable
Now I don't know if it's worth it hahaha, of course it's your decision, but many of us are discouraged by ETH
At least today it seems to have woken up a bit
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
If you are to look into the ethereum market price of recent, you will see that it has crossed $2,500 already and this may be the only indication which we may use in believing whether its getting closer to the season for it to pump and make it to above $4,000 and from there we hit an All Time High, while regarding the SUI, there is more to know and discover about it as well, but for now, one should invest wisely and take time, it may also pump soon.
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I read somewhere that someone predicted ETH will go as high as $20K when the alt season will peak at the right time...though I don't believe on it personally but the idea is that ETH remains to have a big potential for enormous growth ahead. Now, with that said, there is nothing wrong with diversifying your crypto investment portfolio and I am sure that SUI can be a good choice. I heard many good things on SUI and I think its price has not risen that much so you can at the right time. Good luck on your SUI adventure.
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
Though ETH seems a little bit disappointing in terms of its strength in price recovery for some time... I still have some hope on it.... And I have some ETH on HODL.
It wouldn't be a bad idea Investing in SUI, because I saw the spike and it's strength of price jump during this bull season but I couldn't grab some of it due to some reasons.
Securing 10% of ur ETH Holdings to invest on SUI isn't a bad idea at all, seeing that this SUI has added some profits to investors portfolio.
I may not be able to speculate if it's positive price trend may continue for a very long period but I can say before the bear season, SUI has a great potential.
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I like ETH too, but SUI has more potential obviously, even if it has done few X already, so bought small stash week ago, and planning to hold till mid of next year.
If you look at Ethereum, it is a bit disappointing with its price fluctuations, it's just that Ethereum is a bit slow to recover its price compared to its increase, but it is likely that many people will still use Ethereum. If it is for investment, it is better to switch to Bitcoin because the risk is very small compared to other coins.
I put both Ethereum and Bitcoin in the same league, neither is risky bet.
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I never heard about SUI. What is this, some new ERC20 token?
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
I share with you the disappointment when it comes to Ethereum. However, I think that maybe it is a mistake to leave it now because I think that it cannot be worse and that the most difficult period has passed if you have endured until now holding it. It would look like a panic sell.
OK, I've certainly been slowly converting ETH to BTC for a while now.
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I never heard about SUI. What is this, some new ERC20 token?
A new blockchain created by former Meta employees to compete with Solana. Fast and cheap
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
Interesting.
I also made a few research about the project sometime last month, when SUI organized a blockchain summit in my City, but unfortunately, I couldn't attend because of late registration. Of recent, i have also been seeing some of their physical promotion around, which seem as if they are having another summit, but not sure.
I feel the project will do well like others considering how they've been promoting it. And it's coin seem to be doing well too. Bought some around $2+ per coin, and it's now around $3+ per coin. Not bad at all.
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I will advice that you stick with Etheruem, Sui is just a new project, and do not buy on the hype, it takes many years for new project to stand and compete with the like of Ether, SOL, BNB, Matic etc. These set of old projects has long term investors with more investors buying not because its an old project but because etheruem among this projects has great features.
Etheruem is a big project that has the capacity to bounce back after it's market weakness this days. I am very confident that Ether will come back stronger .
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
Decision to diversify the investment is one that create new opportunities for one especially if one feels that more potential is possible in certain asset. SUI created by experienced developers can be potentially very beneficial and it is important to know what directions benefit from using this sort of technology. Adding your asset in SUI by only 10% of course it will not give a fairly good profit. We can clearly note that SUI is that it is an emerging new network and hence SUI price is comparatively lower than rest of the networks. So, the developing aspect of SUI also appears very favourable so that even future profit can be made out of SUI. It is pretty smart to transfer 50% of assets to SUI and keep the other 50% on Ethereum. When there is disturbance from SUI we will not be outcompeted when it comes to the profits that can be made.
I never heard about SUI. What is this, some new ERC20 token?
SUI Network is one of the new generation blockchain solutions that was specially developed to offer the application a simple, fast, and cheap way to conduct transactions and manage digital commodities. SUI has the capacity for concurrent data processing this means that it can process the increased transaction volume and also perform it fairly fast. With all the benefits, SUI is appropriate for massive adoption, and developers and stakeholders in the crypto space can take advantage of it. Existing networks like BSC, ERC20, BASE, Solana will be threatened due to the inception of SUI.
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I will advice that you stick with Etheruem, Sui is just a new project, and do not buy on the hype, it takes many years for new project to stand and compete with the like of Ether, SOL, BNB, Matic etc. These set of old projects has long term investors with more investors buying not because its an old project but because etheruem among this projects has great features.
Etheruem is a big project that has the capacity to bounce back after it's market weakness this days. I am very confident that Ether will come back stronger .
And this is probably the best moment to invest hehehe
The earlier you invest in projects, the more rewards you can receive
And of course there are the risks of getting in early
Some projects I invested in last cycle didn't do so well and are below their purchase price, so it's always difficult to hit the nail on the head
But at least I see a lot of potential in SUI
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I will advice that you stick with Etheruem, Sui is just a new project, and do not buy on the hype, it takes many years for new project to stand and compete with the like of Ether, SOL, BNB, Matic etc. These set of old projects has long term investors with more investors buying not because its an old project but because etheruem among this projects has great features.
Etheruem is a big project that has the capacity to bounce back after it's market weakness this days. I am very confident that Ether will come back stronger .
And this is probably the best moment to invest hehehe
The earlier you invest in projects, the more rewards you can receive
And of course there are the risks of getting in early
Some projects I invested in last cycle didn't do so well and are below their purchase price, so it's always difficult to hit the nail on the head
But at least I see a lot of potential in SUI
I was not so early...
It already gain 400% in the last months, and it is also already a top 40 coin in the coinmarketcap. It still has some potential, but I lost most of the gains already.
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I have read a few about SUI.
The team is composed by people from Meta, who were working in Libra. Now they left emta and created SUI.
I am considering moving 10% of my ETH stash to SUI.
Do you guys have any thoughts about SUI? I am a bit disappointed about ETH , maybe it is time to move on.
ETH is still a good investment I think and I think it can at least give us 2x but speaking of Sui I think it's already very high to invest in it now, maybe once it dips from $3 and around 2.5 I would consider buying it. TBH I did not yet made my lines on it but I just know it's over bought and with time it will come down maybe after that it will pump.
Speaking of ETH I think time for ETH is coming to make some pumps and new developments in ETH layer can pump it, as to make profit from L2 on ETH, I think ETH have to pump. Overall SUI is a good token for long term and even at CMP worth it buy DYOR as it's not my a financial advice.
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SUI Network is one of the new generation blockchain solutions that was specially developed to offer the application a simple, fast, and cheap way to conduct transactions and manage digital commodities. SUI has the capacity for concurrent data processing this means that it can process the increased transaction volume and also perform it fairly fast. With all the benefits, SUI is appropriate for massive adoption, and developers and stakeholders in the crypto space can take advantage of it. Existing networks like BSC, ERC20, BASE, Solana will be threatened due to the inception of SUI.
OK, you brought it to my attention, thanks. :)
Now I need to do a little more research on SUI, I was definitely looking for an alt to invest in, so maybe I'll go for SUI.
What doesn't attract me, for now, is that it has had a huge jump in percentage recently, it seems to me from $0.6 to $3.8. Now I am not sure if there will be any price correction.
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What doesn't attract me, for now, is that it has had a huge jump in percentage recently, it seems to me from $0.6 to $3.8. Now I am not sure if there will be any price correction.
I gave up investing because of the total supply.
4x the current circulation of coins. If all coins are minted, to keep that price it would need the same marketcap as solana.
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If you look at Ethereum, it is a bit disappointing with its price fluctuations, it's just that Ethereum is a bit slow to recover its price compared to its increase, but it is likely that many people will still use Ethereum. If it is for investment, it is better to switch to Bitcoin because the risk is very small compared to other coins.
Ethereum is one of the best valuable crypto in cryptocurrency market. I think that hold or invest ethereum in cryptocurrency market will best profitable in future. Because if we follow in cryptocurrency market, we can see that bitcoin price is increase day by day. I think that when bitcoin price is increase then others crypto currency will increase. So i think that ethereum and SUI price also increase gradually in cryptocurrency market.
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If you look at Ethereum, it is a bit disappointing with its price fluctuations, it's just that Ethereum is a bit slow to recover its price compared to its increase, but it is likely that many people will still use Ethereum. If it is for investment, it is better to switch to Bitcoin because the risk is very small compared to other coins.
Ethereum is one of the best valuable crypto in cryptocurrency market. I think that hold or invest ethereum in cryptocurrency market will best profitable in future. Because if we follow in cryptocurrency market, we can see that bitcoin price is increase day by day. I think that when bitcoin price is increase then others crypto currency will increase. So i think that ethereum and SUI price also increase gradually in cryptocurrency market.
Bitcoin price has reached ATH $99K, but ethereum is still far below its ATH. This is because ethereum is not targeted by many investors at this time, maybe later after the atlcoin season comes the ethereum price will increase and reach a new ATH.
In my opinion, ethereum is still a potential coin to hold even though the current price is still far from ATH, but many predict that next year the ethereum price will reach more than $5K.
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I gave up investing because of the total supply.
4x the current circulation of coins. If all coins are minted, to keep that price it would need the same marketcap as solana.
(https://i.ibb.co/kqpRb6v/sui.png) (https://ibb.co/xzyp98d)
Source: https://finbold.com/sui-prepares-for-its-largest-unlock-to-date-this-sunday-should-you-be-worried/
So we are talking about SUI and I saw this news
You can watch the price and supply to see how the market reacts to more SUI minted
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I also don't have much information about SUI, but from what I follow and read I expect it to be very promising and will be a big event in crypto in the coming period with a very big growth potential.
It's not investment advice but I read in some Telegram channels that I follow for some analysts that there are those who expect SUI to achieve three figures, maybe this is a bit difficult in the current cycle but maybe in the long run in the coming cycles.