Promising altcoins? - page 12. | Bitcointalksearch.org

cafee_orange

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

As you mentioned it is in my opinion an altcoin that has a good future and is interesting to hold longer, but only ethereum and Binance in my opinion. I can't guarantee the future of Xrp whether it's good or not, but for eth and Bnb it's definitely an altcoin that many people are very interested in.

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Quote from: Apocollapse on May 04, 2023, 08:47:40 AM

Quote from: fzkto on May 02, 2023, 08:45:42 AM

I'm surprised that you don't put decentralization at the heart of cryptocurrency. Yes, cryptocurrency has crypto-based encryption at its core, but the original idea of cryptocurrency was that you don't need to trust your money to a third party. And the centralized system is in fact a third party. So you're wrong to say that cryptocurrency shouldn't have decentralization.

If decentralization is the heart of cryptocurrency, the coins listed on CMC or Coingecko might be around 10-50, not 2K. Because 95% coins are centralized and it shouldn't be included as a cryptocurrency, then why it's included?

I don't see any other trusted decentralized coins except Bitcoin, Monero, Litecoin and DAI. There's a decentralized coins, but the marketcap is small and has higher chance to suffer 51% attack.

I'm not saying centralized coins is good, but I just want to be fair.

To put it bluntly, the cryptocurrency market is a financial market, and what many people are interested in participating in is profit, only a few are interested in the technology and use cases. So, I also disagree when saying that decentralization is at the core of cryptocurrency. If everyone were centralized and only interested in decentralization, then altcoins would never exist.

I don't use XMR, or LTC very often, so I don't know if they are really fully decentralized. But if someone is looking for a decentralized and secure coin, the only thing I can think of is bitcoin.

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

If you have $100 for altcoins investment allocate $60 for ETH and $40 for BNB. I don't include XRP as it was not that promising actually.
Choosing coins for investment is just like we are making our future as well. That is the reason why we should consider those coins that have a solid market performance and yes, projects that have a significant value in the market, not just because it was in the top 20 or one of the top 10 altcoins. Choosing isn't that hard if we have really done the research and of course, if we are also checking their performance as it will tell us what possibly happen to them in the future.

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Quote from: WalkerIVIV on May 04, 2023, 06:40:24 PM

they've got proposed update to solve this problem, the fact that layer 2 exists also trying to mitigate it moving over the transaction off chain but yes, their solution so far has been quite useless that I think ethereum right now as you said is just plain unusable period.

The problem of overpriced gas fees on Etehreum Layer 1 is indeed a problem that is never finished, it will provide expensive gas fees when the ethereum network is very congested and even I stopped doing ERC-20 transactions when the network is congested.

Layer2 is just one of the solutions for a cheaper ecosystem inside ethereum. don't have to use Layer 1 as a bridge. Now many CEX and DEX layer 2 can bridge easily so that the gas fee remains cheaper.

TastyChillySauce00

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Quote from: jacafbiz on May 04, 2023, 02:47:45 PM

Out of these Altcoins, I am not bullish on Ethereum, it is just a matter of time before people realize it is an unusable blockchain, all these stupid developers shouting deflation instead of looking for ways to make the transaction fee low and the speed faster they major in minor. I just wasted more than $400 on gas fees, how many people can afford this for something that is not supposed to be more than $1? If this trend is not looked into Ethereum will end up dead.

Just bridge it to the second layer solution and it will fix your project. It's easy to judge it but it's difficult when it comes to fix the problem . Increasing the scalability in the blockchain is not as easy as you said lol. Have you ever developed a platform or blockchain before?
The fact that hundred thousands people keep using ethereum till now. Cheesy

Wexnident

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

I'd say it still depends on you? I'd put most of it in ETH since it's better known than BNB and XRP, I also still have some with XRP but others are also saying some issues with SEC (Had no idea really) but if you think that's going to blow over, then feel free.

BNB has had it's up and downs this past year but generally a straight trend, so simply try to play around that imo.

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

All the altcoins you mentioned above are promising altcoins. But if you want to hold more secure altcoins, you choose ETH and BNB only. XRP still has a case with SEC. If any bad news about XRP case, it probably impact directly the price of XRP on the market. So, it is better to avoid holding XRP for a long time, just hold for a short term.

https://finbold.com/ripple-v-sec-case-update-as-of-may-1-2023/

SmartGold01

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

Have you looked at Tron TRX and LTC?
I can see people are often neglecting this coin but looking too well is most blockchain for transaction, people often convert their coin to trx or just withdraw directly from trc20-usdt is very cheap and economical. So why not include this in your list of chosen altcoin, actually XRP is some how facing some issues but I pray they emerges before you could see a positive impact on that coin.

WalkerIVIV

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Quote from: jacafbiz on May 04, 2023, 02:47:45 PM

Out of these Altcoins, I am not bullish on Ethereum, it is just a matter of time before people realize it is an unusable blockchain, all these stupid developers shouting deflation instead of looking for ways to make the transaction fee low and the speed faster they major in minor. I just wasted more than $400 on gas fees, how many people can afford this for something that is not supposed to be more than $1? If this trend is not looked into Ethereum will end up dead.

they've got proposed update to solve this problem, the fact that layer 2 exists also trying to mitigate it moving over the transaction off chain but yes, their solution so far has been quite useless that I think ethereum right now as you said is just plain unusable period.

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

if my advice, you can invest 50% in Ethereum and 50% in BNB, because ETH and BNB are the best investments at any time, so you have nothing to lose if you invest in ETH and BNB for the long term, because the price of ETH and BNB will definitely create a new ATH price, so that will allow you to earn a lot of profit from investing in ETH and BNB at this time and hold for the long term.

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

Just choose ETH and BNB then especially, if your goal is for long-term investment...You'd rather make a decision that you will never regret someday and only choose the coins that you think will give you a satisfying profit in the future. And I say that ETH and BNB are not just promising projects but also they are playing a big role in the crypto market which we could really think about that these coins have a bright future than this XRP.

Just take a look at the XRP movement, you can never see it was progressive and honestly, it was not profitable.

Rengga Jati

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

For me, those three altcoins are some of the most trusted to invest. Moreover, it's the Ethereum and BNB. If XRP, it probably has more risks than the two. ut, it is still good altcoin, moroever as an old altcoin.

If you have such interest in investing in altcoins, these three can be options. Or you can also choose the three for your investment by doing diversification of the funds. But I will choose a higher balance or amount for Ethereum.

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

Those coin are a too coins so you can buy them and hold they are legit and many investors like to buy it as thier long term investment, just be careful on XRP they have a sec issue, but over all you can buy them there are also a lot of good coin that is CMC listed you can also select them and buy for good.

jacafbiz

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Out of these Altcoins, I am not bullish on Ethereum, it is just a matter of time before people realize it is an unusable blockchain, all these stupid developers shouting deflation instead of looking for ways to make the transaction fee low and the speed faster they major in minor. I just wasted more than $400 on gas fees, how many people can afford this for something that is not supposed to be more than $1? If this trend is not looked into Ethereum will end up dead.

fzkto

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Quote from: Apocollapse on May 04, 2023, 08:47:40 AM

Quote from: fzkto on May 02, 2023, 08:45:42 AM

I'm surprised that you don't put decentralization at the heart of cryptocurrency. Yes, cryptocurrency has crypto-based encryption at its core, but the original idea of cryptocurrency was that you don't need to trust your money to a third party. And the centralized system is in fact a third party. So you're wrong to say that cryptocurrency shouldn't have decentralization.

If decentralization is the heart of cryptocurrency, the coins listed on CMC or Coingecko might be around 10-50, not 2K. Because 95% coins are centralized and it shouldn't be included as a cryptocurrency, then why it's included?

I don't see any other trusted decentralized coins except Bitcoin, Monero, Litecoin and DAI. There's a decentralized coins, but the marketcap is small and has higher chance to suffer 51% attack.

I'm not saying centralized coins is good, but I just want to be fair.

Of course all coins on CMC are cryptocurrencies, but as you said, over 95% of them are centralised and are essentially shitcoins. I would probably agree with you that to be fair, these coins cannot be called other than cryptocurrencies, but there really aren't many real coins if the SEC has now often started calling cryptocurrency securities. It seems to me that all coins with the POW algorithm are cryptocurrencies, the rest are derivatives.

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Quote from: raidarksword on May 04, 2023, 11:12:24 AM

All of them are good to hold for the next bull season and they have much more potential to grow even bigger especially XRP that has faces many trials but they have big chance to win with battle with SEC. Nevertheless, ETH and BNB are powerhouse altcoins, you cannot get wrong to it.

I appreciate your optimism but the things have been in the limbo for XRP when it comes to investment decisions. Investors have found it to be difficult to take a final decision on. There will be supporters to XRP but that does not mean that we will defy logic and deny what we have in front of us. Remember that the money is yours and yours to spend, no one here can change that decision.

Coins that have come under government scrutiny and if they are able to take control of that currency, avoid those, rather go with decentralized coins out there. Bitcoin, ETH and BNB seem like better options.

Xal0lex

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Quote from: justdimin on May 03, 2023, 01:05:11 PM

I think XRP definitely shouldn't be considered, it is as terrible as it gets when we are talking about problems they are facing, not technically speaking or anything like that, if they had none of those legal issues then I would say it is not terrible, but I would still not prefer it, but I wouldn't say anyone else to say anything about it.

But when we are talking about a situation like this, it means that XRP is facing legal trouble that prevents anyone from buying it, or at least it should. ETH and BNB on the other has nothing like that, well I wouldn't say nothing, BNB could be hurt by SEC attacking binance.us as well, not directly, and won't really change much, but at least there is a tiny small chance, a lot less than XRP though, and ETH has no problems at all.

XRP is not a bad enough option for traders. Its price movements allow for good profits, given the price corridor and volatility. This asset is definitely not worth considering for a long-term investment. If we are talking about investing for the long term, and only in very famous and popular projects, it is worth to consider their price movements. If the project does not update ATH, it is not suitable for long-term investment.

raidarksword

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All of them are good to hold for the next bull season and they have much more potential to grow even bigger especially XRP that has faces many trials but they have big chance to win with battle with SEC. Nevertheless, ETH and BNB are powerhouse altcoins, you cannot get wrong to it.

hugeblack

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Quote from: Wolyusi on May 02, 2023, 03:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

These crypto already have a significant market value and a percentage of cryptocurrency market, so it is rare for the movement of violating the market to marry the market, and given that the bitcoin is the leader of the market direction, these currencies will follow the price of bitcoin in most cases unless there is a change that leads to this.

So if the option was counted between these three currencies in ETHEREUM (ETH) is the only one that deserves to be investigated in the long run.
You can invest in Binance Coin (BNB) when there is news taught in the platform because this coin is a reflection of Binance performance.

XRP (XRP) is not a long -term investment project, you can just buy it for low withdrawal prices for all platforms^[1].

[1] https://withdrawalfees.com/coins/ripple

Apocollapse

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Quote from: fzkto on May 02, 2023, 08:45:42 AM

I'm surprised that you don't put decentralization at the heart of cryptocurrency. Yes, cryptocurrency has crypto-based encryption at its core, but the original idea of cryptocurrency was that you don't need to trust your money to a third party. And the centralized system is in fact a third party. So you're wrong to say that cryptocurrency shouldn't have decentralization.

If decentralization is the heart of cryptocurrency, the coins listed on CMC or Coingecko might be around 10-50, not 2K. Because 95% coins are centralized and it shouldn't be included as a cryptocurrency, then why it's included?

I don't see any other trusted decentralized coins except Bitcoin, Monero, Litecoin and DAI. There's a decentralized coins, but the marketcap is small and has higher chance to suffer 51% attack.

I'm not saying centralized coins is good, but I just want to be fair.

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