Crypto Timing

When timing is right I'd like to get into Avalanche. Any comments around the stupidity of this decision?
 
heartastack said:
When timing is right I'd like to get into Avalanche. Any comments around the stupidity of this decision?
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The way Bitcoin's and Ethereum's chart looks like right now... it's like an AVALANCHE.
Plenty of alts died this year and more will as the entire market goes down.

If I were you, I'd get my hands straight on Ethereum, Bitcoin, Solana, Cardano... or anything else that's more serious than Avalanche. Get a REAL coin.
 
TreasureHunter said:
The way Bitcoin's and Ethereum's chart looks like right now... it's like an AVALANCHE.
Plenty of alts died this year and more will as the entire market goes down.

If I were you, I'd get my hands straight on Ethereum, Bitcoin, Solana, Cardano... or anything else that's more serious than Avalanche. Get a REAL coin.
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Yeah, let's see what survives. 'When the timing is right' could be a long way off yet.
 
Wouldn't you rather buy the dip and invest in STAKE-able major alt coins like Solana, Cardano. Then hold for a couple of years. And by the time the market starts recovering, you'll have generated 5-25% more coins through staking.
 
heartastack said:
When timing is right I'd like to get into Avalanche. Any comments around the stupidity of this decision?
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It's a layer 2 protocol isn't it?

It's not one I've looked but I've been aware of its existence for ages at so I just started reading/listening to how it works. I haven't gotten very far into it, the hard cap is appealing from a price appreciation perspective, the team claim that it's super fast, my reading/experience however says that speed always comes at the expense of security so I'd be interested to hear thoughts on that maybe @dozerz? And I've had a quick glance through the audit done in 2021 by Halborn. The Snowball consensus is interesting, for the life of me I can't see how that's faster, maybe coz it uses a DAG model.

I'll delve into the whitepapers when I have time, do some research on the team, some reading on DAG, try and find a roadmap etc and then I'll probably have a listen to a couple of influencers. I really want to go straight to the influencers but that's a bit lazy. :)
 
Also astounds me that something like FTX can still currently have a 350 million dollar market cap. Am I missing something here? It’s far from zero. Back in 2014 a 10 million market cap would get you in the top 20 coins and was considered a miracle.
 
heartastack said:
Also astounds me that something like FTX can still currently have a 350 million dollar market cap. Am I missing something here? It’s far from zero. Back in 2014 a 10 million market cap would get you in the top 20 coins and was considered a miracle.
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Sam had Billions, now only millions.
He is going to the Jail house soon.
 
heartastack said:
When timing is right I'd like to get into Avalanche. Any comments around the stupidity of this decision?
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they pineered the idea of parachains like swimmer for crabada, definitely has potential to be a leader with lots of l1 eth evm apps alreay working on it.
 
Selectively follow The Hype, In and Out quick at some Alt.
Some do have some potential to go x 10 , even x 20
Just do your research.
 
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