Viable Altcoin for the moment - page 6.

Tellek Garing

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Quote from: kojektea on March 12, 2022, 04:41:47 AM

Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Talking about passive income seems to lead to the concept of DeFi,
but some of the DeFis I've come acrossare quite risky and they will usually leave the project in no time.
For that, I suggest it's better to invest by holding it than to risk buying DeFi coins even though not all DeFi is bad.
Currently the good altcoins are those focused in networks like Avax, Ethereum, Solana, Cardona, Matic, BNB.

Yep the best direction now is the NFT and Defi market, but recent hype has shifted from def to web 3 and NFT and web 3 as most of them have given x3 returns recently, but again one needs to do a lot of research before you dive into them, the market has been rough lately and at that one need to do a careful analysis before paying monetary attention to any project right now.

mbakruroh

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

If I look at the current movement of BNB, I believe that BNB has great potential in the long term. It will follow in the footsteps of Bitcoin. Moreover, BNB is a coin from the world's largest exchange platform, so it will get support from various parties to maintain the value of the coin.

kojektea

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Talking about passive income seems to lead to the concept of DeFi,
but some of the DeFis I've come acrossare quite risky and they will usually leave the project in no time.
For that, I suggest it's better to invest by holding it than to risk buying DeFi coins even though not all DeFi is bad.
Currently the good altcoins are those focused in networks like Avax, Ethereum, Solana, Cardona, Matic, BNB.

Tellek Garing

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Quote from: Frengki_cisco on March 11, 2022, 09:49:46 PM

Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

According to my thoughts and understanding, Altcoins are currently a bit difficult to be used as a basic benchmark in investing, I think you have to wait for the next few months to see further developments about Altcoins that are worth investing in, my prediction around August might be a good step to choose Altcoins, there will be more declines.further I think ahead.

To some extent your point is valid but the part I don't agree on is the place you mentioned that there is no good altcoin at the moment that can give x2 profits, but studying the market recently you will notice that there have been a lot of viable coin and web 3 projects that have given it users good returned there have also been a lot of NFT developments.

lamongan12345

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If for the long term my advice choose ethereum. Because ethereum has great potential in the next 3-4 years.
And there is a possibility that ethereum will become more expensive in the next 4 years when 2.0 has started to be released.
Actually BNB is also good for the long term because every few months they burn. so that the total supply becomes less and currently a lot of projects are standing on the BNB network. So that there will be more BNB enthusiasts with a small total supply causing prices to increase

Frengki_cisco

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

According to my thoughts and understanding, Altcoins are currently a bit difficult to be used as a basic benchmark in investing, I think you have to wait for the next few months to see further developments about Altcoins that are worth investing in, my prediction around August might be a good step to choose Altcoins, there will be more declines.further I think ahead.

FerHAT701

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

BTC is the definitely the best choice now during these red times. Cheesy

But you can always research new projects to go into when it starts getting better. I Invested a few days ago in ENGN when i saw the trailer they relesed, its a GemeFi project. The trailer looked relly cool, plus they use Unreal engine and that really surprised me.
You could also try staking in DeFi projects. I started staking in Sushiswap and ReFi. Its worth taking a look if you are considering staking in a DeFi.

ComfortTown

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Bitcoin (BTC) gets the most media coverage of cryptocurrencies, and with good reason. But in the years since Bitcoin's first transaction in 2009, 1000+ of added cryptocurrencies have emerged, creating a confusing landscape for investors.

Specialized inventions that set them apart from bitcoin, while others have simply come favorite digital currency brands and social media memes. Cryptocurrency investing is still an extremely speculative endeavor, but it can be profitable for investors willing to risk painful losses in opportunities of big payouts.

Here are 7 of the smart altcoins to buy for a long term basis that will offer you a passive profits in the long run.

1)Ethereum (ETH)
2)CRDNetwork (CRD)
3)Ripple (XRP)
4)Solana (SOL)
5)Polkadot (DOT)
6)Dogecoin (DOGE)
7)Litecoin (LTC)

Tellek Garing

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@tbterryboy Being a utility token alone does not truly translate into success but constant innovation and market scalability are what give a token place in the market, if AVA can have a good trading volume and continuous improvement in its network, then AVA is a top choice for investment.

tbterryboy

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Quote from: Tellek Garing on March 11, 2022, 01:08:52 AM

Quote from: Eternad on March 11, 2022, 12:42:14 AM

Tourism industry is starting to bloom already and booking project like this has the advantage for that huge market. Travala is already operating with a good amount of partner lodging hotels. In my opinion investing on this project is not for short term since the tourism market is very huge and a 2% cash back is definitely a good deal in top of other utility of AVA tokens.

That is right and that is why I mentioned user case in my comment, AVA as a utility token have a good use case that will aid its long term value and that investing in ADA will yield potential profits but then we must not forget the fact that it also has its own risk just like covid that have brought lockdown which automatically brought travel ban the tourism industry will not be making demand at that period that will increase the demand for the coin for transactions and booking.

Utility doesn't always mean that it will equal to a lot of money, it just means that it has one utility but maybe people would not prefer it? I mean AVA is a token that is in the traveling world, but what makes you think that people will stop using things like booking.com or expedia? Expedia even has crypto payments as far as I can remember.

It is a proof enough that crypto is already in the traveling world. Which is why we should not be really hoping too much from AVA, maybe it will go up, but there is no guarantee. When people say that utility means a better return, they mean a utility that everyone wants, not one that is unknown if it will be liked or not.

Tellek Garing

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Quote from: Eternad on March 11, 2022, 12:42:14 AM

Quote from: Tellek Garing on March 11, 2022, 12:29:16 AM

Quote from: Gayong88 on March 10, 2022, 11:12:36 PM

In my opinion AVA is good too. AVA itself is in the hospitality and tourism rankings on the top crypto coinmarketcap, so tourism-related crypto and its market cap are still under $1 billion dollars and Binance invests in AVA and has collaborated to book hotels + flights via the Binance application.

AVA may be good for sort-term investment and not good for long term investment, I know the coin has a good use case since it is a utility token for the hospitality and tourism industry but the fact is will its value keep increasing for a long time from now what are the relevance of the coin in the industry and the level of its acceptance.

Tourism industry is starting to bloom already and booking project like this has the advantage for that huge market. Travala is already operating with a good amount of partner lodging hotels. In my opinion investing on this project is not for short term since the tourism market is very huge and a 2% cash back is definitely a good deal in top of other utility of AVA tokens.

That is right and that is why I mentioned user case in my comment, AVA as a utility token have a good use case that will aid its long term value and that investing in ADA will yield potential profits but then we must not forget the fact that it also has its own risk just like covid that have brought lockdown which automatically brought travel ban the tourism industry will not be making demand at that period that will increase the demand for the coin for transactions and booking.

asyakashi

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Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

The only option I believe apart from bitcoin is ethereum.
I don't know where other coins that used to be popular a few years ago just disappeared,
but bitcoin and ethereum are still known by the wider community and even continue to grow from year to year.
Something makes me happy with ethereum at the moment, even though a few months ago ethereum had high gas,
it actually drove out the scammers from creating tokens on this network so that only quality projects would issue their
tokens on this network. Now that ethereum has stable gas costs, this is a great opportunity for those of us who want
to take advantage of the best projects that exist on the ethereum network.

Eternad

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Quote from: Tellek Garing on March 11, 2022, 12:29:16 AM

Quote from: Gayong88 on March 10, 2022, 11:12:36 PM

In my opinion AVA is good too. AVA itself is in the hospitality and tourism rankings on the top crypto coinmarketcap, so tourism-related crypto and its market cap are still under $1 billion dollars and Binance invests in AVA and has collaborated to book hotels + flights via the Binance application.

AVA may be good for sort-term investment and not good for long term investment, I know the coin has a good use case since it is a utility token for the hospitality and tourism industry but the fact is will its value keep increasing for a long time from now what are the relevance of the coin in the industry and the level of its acceptance.

Tourism industry is starting to bloom already and booking project like this has the advantage for that huge market. Travala is already operating with a good amount of partner lodging hotels. In my opinion investing on this project is not for short term since the tourism market is very huge and a 2% cash back is definitely a good deal in top of other utility of AVA tokens.

Tellek Garing

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Quote from: Gayong88 on March 10, 2022, 11:12:36 PM

In my opinion AVA is good too. AVA itself is in the hospitality and tourism rankings on the top crypto coinmarketcap, so tourism-related crypto and its market cap are still under $1 billion dollars and Binance invests in AVA and has collaborated to book hotels + flights via the Binance application.

AVA may be good for sort-term investment and not good for long term investment, I know the coin has a good use case since it is a utility token for the hospitality and tourism industry but the fact is will its value keep increasing for a long time from now what are the relevance of the coin in the industry and the level of its acceptance.

Gayong88

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In my opinion AVA is good too. AVA itself is in the hospitality and tourism rankings on the top crypto coinmarketcap, so tourism-related crypto and its market cap are still under $1 billion dollars and Binance invests in AVA and has collaborated to book hotels + flights via the Binance application.

Tellek Garing

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in a situation like this it is very good if we hold a lot of potentially good altcoins, but due to limited capital, I hold Ada, bnb, sol, and doge. the rest I still hold the Altcoin that I got from the bounty

I relatively agree with you as if holding a good coin with viable potential one will be confident that when the market recovers in the future the coin will also follow the same market trend, with the current market situation holding less volatile assets will be the best investment decisions and at that am looking on buying .more dogecoin and BNB for the next phase of a bull market.

Pesona1

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Quote from: Ureung jameun on February 24, 2022, 08:21:42 AM

Quote from: Tellek Garing on November 19, 2021, 02:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Bitcoin is the top choice for long term investment. but besides Bitcoin, there must be a row of altcoins that we can make as an investment in our future. maybe in my opinion the best altcoins right now to be used as future investments are Solona, Cardano, and Matic. because I think these altcoins have good growth and have strong fundamentals.

For long-term investment, we can't doubt the capacity of bitcoin, but looking at the current conditions of course we must have alternatives to invest besides holding bitcoin, I think the altcoins you mentioned are quite good but so far I have seen their development not fast so that it hinders price movements in the market becoming more stagnant, my advice if you want to get quick profits in short-term investments it is better to choose assets such as ETH or BNB which are indeed quite active move at this time, I personally prefer to use BNB and ETH to get profit by scalping method in the market.

Pelana vreo

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I am currently waiting for this project https://www.beryl-bit.com/ to launch the blockchain they have developed, the project is running for 4 months without any initial sale or private sale, slowly but surely, the market cap of this token is rising slowly and I believe this year after blockchain goes live, the price will go up because the blockchain they are developing supports private transactions.

Benefactor

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evichi

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Taking a look at Coinmarketcap (CMC) gives you an overview of viable coins. The first one hundred coins IMO are viable with more trust as the number reduces. Bitcoin and Ethereum, for example, are coins for long term investment. There are numerous coins out there, but you have to research and know the background and the potentials. Cardano is another coin that have strong potentials and can spring up surprises as they begin their journey of being used for smart contracts like Etheereum. Acardex is the first decentralized exchange on Cardano blockchain. DeFi products like Uniswap, Pancakeswap, have great potentials too. NFTs are also gaining grounds in the crypto industry and are worth looking into especially the Metaverse IMO.

Topic: Viable Altcoin for the moment - page 6. (Read 1798 times)