Topic: OMG crypto is low ! what do i do ? - page 6. (Read 818 times)
There is more bearish prediction associated with the Ukraine - Russia war. It is time to sell and wait for the opportunity to buyback. The price has been decreasing gradually everyday. There is no immediate drastic drop. Maybe some positive news can change the market movements, but it won't last long as the market used to correct after a price pumping. What OP has mentioned can be done unlike the market situation, because the real-time usage and the uniqueness values the project.
OMG crypto is low ! what do i do ?
Who cares about the altcoin stuff you are writing there? Price is low? Buy the dip (and you can be pretty creative on finding more sources for funds) or simply wait. Sooner or later it should grow again.
The problem with your proposed solution is that you're going to be creating something in the bear market and you will have far less people getting into your product because they want to make sure that they're not going to make losses when the market is going down, I think that it's a good idea but yu need to be smart on how you're going to execute because your idea might not be the first.
There is a coin called OMG, that was not what you meant, but it can be confusing.
My advice for you is to buy bitcoin which we still know will reach ATH again.
Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
Let me tell you one that is not secret because it has happened countless numbers of time, there are many altcoins that will dip more in bear market but never reach ATH for a long time again even after bitcoin has reach AHT again. Altcoins are dangerous, only some of them are good, more research needs to be done.My advice for you is to buy bitcoin which we still know will reach ATH again.
OK,but what if I don't have programming and webdesign skills?
What if I don't have money to hire a good programmer to develop a "revolutionary" Dapp for me or a web designer to create the best NFT in the world for a small fee?
I guess that I will have to stay poor for the rest of my life.
It seems to me that you are trolling or trying to be sarcastic with your post.
The gas prices are what repulses me from Ethereum and everything that was built around Ethereum.
After so many years of endless hype,Ethereum transactions aren't more affordable than BTC transactions and ETH still isn't getting better than Bitcoin.
What if I don't have money to hire a good programmer to develop a "revolutionary" Dapp for me or a web designer to create the best NFT in the world for a small fee?
I guess that I will have to stay poor for the rest of my life.
It seems to me that you are trolling or trying to be sarcastic with your post.
The gas prices are what repulses me from Ethereum and everything that was built around Ethereum.
After so many years of endless hype,Ethereum transactions aren't more affordable than BTC transactions and ETH still isn't getting better than Bitcoin.
Lately, I find it harder to make a profit than before, and it's hard to express what's going on and what the future holds. I'm really thinking about the Fed raising interest rates, and I'm going to enjoy a long break for the time being, and investing in this market will be shelved or just spend a bit of time on it.
I don't care about crypto, as I only have Bitcoin. As for it being supposedly low, it doesn't change what I do. I buy regularly and that's it. I like it better when the market is bullish and we are beating ATH after ATH, but up or down I just buy periodically and I am done. In any case, if I were to do something different in the case of the low market, it would be to buy more, just as when the market is bullish, to make small partial sales.
Yea, nothing like creating more and more unnecessary tokens in a bear market that will very likely end up being trashed in the end anyway.
Or maybe, you know.. look for ways to have extra cashflows so you have more money to buy bitcoin dips.
Or maybe, you know.. look for ways to have extra cashflows so you have more money to buy bitcoin dips.
1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
I just feel sorry for those who are going to buy and invest on these stuff, because instead of taking the opportunity of cheap prices to put their money into something useful like bitcoin, which will return them profit on long run, they are going to waste money with ephemeral trends that are likely to last few months at the best scenario. On the other hand, I can't deny it's totally profitable for developers behind such projects...2.You create nfts
3.You start selling something
4.You create tokens
In crypto universe, even those who bottle up smoke to sell for a living have chances of success, because that is the kind of market where people buy anything, doesn't matter how useless it can be.
What? There's no relation between all those you mentioned above and bear market, more over it make your product get less demand since no one is panic and fear. The good thing to do when it's bear market is start doing DCA or buy Bitcoin every dip, in the long run when the market recovered you'll earn profit after doing that. Actually you don't need to create those stuff in Ethereum chain if the gas fee is expensive, there's many alternative.
OMG crypto is low ! what do i do ?
Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
etc...
Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
I already did the number 3, i sold something but also i Bought another ..Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
etc...
Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
creating NFT and Building DAPPs is a Nice opinion but it is not that easy to do , and also this needs high capital/investments things that ordinary member here cannot afford to spend and risk.
but you have a good point about that Gas fees lowering in this kind of season.
The crypto market is already inundated with countless of such things. Dapps, NFTs, and all kinds of tokens are created all the time and for no reason other than the hope that value is made out of them, unreasonably. There seems to be such pattern in the market. Developers are now like playing a lottery with crypto projects. They make one project after another hoping that one of these projects could hit it big in the market. The same goes to NFTs. And this is precisely the reason why the crypto market has become toxic and polluted.
No the crypto world has color ... else it would be black and white ...it's good that people build , does not matter what they build.
The crypto market is already inundated with countless of such things. Dapps, NFTs, and all kinds of tokens are created all the time and for no reason other than the hope that value is made out of them, unreasonably. There seems to be such pattern in the market. Developers are now like playing a lottery with crypto projects. They make one project after another hoping that one of these projects could hit it big in the market. The same goes to NFTs. And this is precisely the reason why the crypto market has become toxic and polluted.
OMG crypto is low ! what do i do ?
Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
etc...
Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
etc...
Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
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