Apart from bitcoin being the best investment, layer 1 blockchain projects are the ones worth investing in. But not every layer1 project is successful so we have to do all the research when participating in a project. Layer 1 projects are extremely important in the cryptocurrency industry, they are the basis for the development of new ideas.
Can you give some examples here for layer1 projects that are very promising and good to follow because if you just say not all layer1 projects can be great to follow, then it is the same with ICO and IEO projects in the past and NFT in today which are also not all great to follow. 
Topic: Worth investing? - page 2. (Read 284 times)
It makes sense to invest in a layer 1 project but you also have to analyze to be able to choose the right project. Meanwhile, you actually already have bitcoin which can be your best investment compared to other projects because bitcoin has been considered a major investment for people who have been familiar with crypto for a long time.
But because in investing, you need to diversify your investment, you can select the other project as your second investment. But you need to select the project that has the potential to increase.
But because in investing, you need to diversify your investment, you can select the other project as your second investment. But you need to select the project that has the potential to increase.
Apart from bitcoin being the best investment, layer 1 blockchain projects are the ones worth investing in. But not every layer1 project is successful so we have to do all the research when participating in a project. Layer 1 projects are extremely important in the cryptocurrency industry, they are the basis for the development of new ideas.
Frankly, I no longer invest in cryptocurrencies technologically. In the same way, investors in the market no longer look at technology. Because there is hype and fomo. Wherever the hype and fomo moves, people make their investments accordingly. You will say that technology is not important at all, of course it is. Technologically stable projects receive serious investments and provide serious gains to their investors. But in general, it is an issue that investors are not interested in much. Just follow fomo.
In an article read about cardano to reach $2.5+ value during the month of December. Already this has marked its ath value above $3. So, this isn't a big thing and the market is supposed to turn bullish by then. Considering those factors it is good to invest on the top projects that are low priced. As OP requested, there are technically best projects but very few make good progress. To find the one is a big task. Good is to make profit out of the known than looking for the unknown, unproven cryptocurrency.
that's quite good at this moment. The only bad thing is when you must have decided to pick it in how will be the best position for your money. I do believe once you are even picking at the time you make this thread and you may have faced a huge loss. Better to avoid the market right now.
People are still shorting bitcoin and this is quite risky for you to enter right now once bitcoin is not even stable at this moment. worth or not is actually depend with the trend. The bearish trend may easily make your investment being negative
People are still shorting bitcoin and this is quite risky for you to enter right now once bitcoin is not even stable at this moment. worth or not is actually depend with the trend. The bearish trend may easily make your investment being negative
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Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
There's a difference between an investor and an enthusiast. Enthusiasts are a die-hard fans. Are you an investor? If you're ought to follow the market because when the market considered a certain protocol to be outdated a single new concept is not enough to do any form of miracle and if some AMM exchange that was once of the Oasis Network decided to move to BNB and now doing well I think it something you ought to do either.Layer 1 projects involve serious risks. You need to thoroughly review their teams and roadmaps. Because it is not easy to rival Ethereum. 
We have to admit that it is a difficult investment option. That's why I see Layer 2 projects more advantageous.
Both are risky honestly, they are very eager to adopt new technology as early as possible and of course they also want to ride with the hype which is the main reason why the price pumps. If you believe on Web3 and its possible effect, better to look for alternatives for layer 1, I’m sure other projects are also working for this so better to keep analyzing before you invest. We have to admit that it is a difficult investment option. That's why I see Layer 2 projects more advantageous.At present the market condition is not positive to invest so at this moment every trader need to wait for next movement. Last few days the price of all crypto currency decreasing more and more. So this is terrible moment for all the investors. Keep patience and researcher after a short possible of time but definitely market should be stable otherwise no analysis will be effective during this period. I believe that after being stable web 3 projects will get the new Hype.
I think the declining market like now is a great opportunity to start investing in crypto, because we can buy some coins that have high capitalization at low prices, such as ethereum, binance, solana and polygon(MATIC), this coin has a chance large to be able to provide benefits in the long term,
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
Before investing at all, the first concept is to discover yourself, doing this you are able to figure out what works for you in the crypto currency world. To me personally, investment goes beyond products or hype, the biggest question should be "what are you chances of making profit, short time or long term". If you are able to answer this question accurately; then you can decide which one is worth investing or not
At present the market condition is not positive to invest so at this moment every trader need to wait for next movement. Last few days the price of all crypto currency decreasing more and more. So this is terrible moment for all the investors. Keep patience and researcher after a short possible of time but definitely market should be stable otherwise no analysis will be effective during this period. I believe that after being stable web 3 projects will get the new Hype.
Layer 1 projects involve serious risks. You need to thoroughly review their teams and roadmaps. Because it is not easy to rival Ethereum. :) We have to admit that it is a difficult investment option. That's why I see Layer 2 projects more advantageous.
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
Well, there's a big upgrade if that happens. But it's not all about the tech if it's old or not or has to be integrated with web 3. It's about how huge is the market of it.So if it's marketable, whether there is no or with the integration of web 3 as it is tradable then it'll still going to be popular. However, this isn't applicable to all of them.
Yeah it makes sense even during the bear market and i would like to call this as accumulation time rather than the bearish time. The first layer coin has actual product and this is even more promising compared with another second layer blockchain. Remember the usability of first layer project is even more. The only problem is during the bearish market and it's hard to find the best position to accumulate more and more tokens from the market. Investing this time looks like a big bet.
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.
SHIB I think will turn into a layer1 project as they have plans to migrate to their own chain to set up the metaverse sidechain of SHIB and that means this will also go over that oblivion. But they may have chance because this is very popular in stock traders, remember this is listed on Robinhood.
Its almost true though that most layer1 project in the past were gone below the rank. But there are still that keeps popping on the news with very minimal updates like the WAVES and NEO. The prices of these two still are worth if you bought in 2017 so layer1 tokens is not so bad as long as you have bought at the right time.
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
If what you're talking about is a new project, I don't think it's feasible now. because layer 1 networks are already dominated by big platforms like ethereum, bnb, or solana. maybe the project thrives, but in the end it will only be an altcoin that gets less attention.
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
layer 1 projects are still pretty good at this point. just look at the top altcoins on average filled by layer 1 projects like ethereum, solana, avalanche, bnb, and polkadot. so investing in a layer 1 network project is still worth it, you don't have to worry about whether it is profitable or not. because basically the demand for layer 1 networks is still quite high at this time. meaning it's still a good investment.
It makes sense to invest in a layer 1 project but you also have to analyze to be able to choose the right project. Meanwhile, you actually already have bitcoin which can be your best investment compared to other projects because bitcoin has been considered a major investment for people who have been familiar with crypto for a long time.
But because in investing, you need to diversify your investment, you can select the other project as your second investment. But you need to select the project that has the potential to increase.
But because in investing, you need to diversify your investment, you can select the other project as your second investment. But you need to select the project that has the potential to increase.
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
Investment decisions sometimes looks easy but in fact they are always difficult because there is no risk free investment. It does make sense to invest in Oasis Network but you should not base your decision solely on it integrating Web 3.You should know about the team of developers, their experience, lifestyles, and possibly country of residence. I remember Effect.ai some years ago promised to be a huge project but today it couldn't even get up on it's feet.
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Layer 1 coin is always worth investing. This is only for long term but for short term and the worst investment right now but you can try to accumulate more and more tokens to be stored in your wallet for long term. The hype for web 3.0 already gone and you must also see how fantom was dumping so hard from the top to the bottom in a short time. This time investing in the tokens are very risky. Even when you have been mentioning if it was also working with web 3.0
People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.
There are not many investors willing to learn the core technology of cryptocurrency or any related crypto terms. They know all of the "buzzwords" like Web3, smart contract, Defi, GameFi, Metaverse, etc... However, when we ask them about what exactly those terms mean and how those techs will shape the future, they beat around the bush and talk about how much money they will earn by investing and their dream of Lambo. I'd rather spend my time learning the tech rather than make any serious conversation with themDoes it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
As a trader, I recommend you not to invest any coin at this very moment unless you are willing to both wide and deep DYOR. We are in the middle of the downtrend phase of the 4-years cycle and any attempt to invest can damage your fund.
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