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RE: Steemit Crypto Academy Contest / S3W2 – My Experience Investing in the Crypto Market by @drqamu

in SteemitCryptoAcademy2 years ago

I wanted to question you on the reason why you decided to invest in bnb.

Because at that time Binance exchange was on peak of popularity and even now Binance exchange and BSC have their identity in crypto sphere . BNB being their native token has great future ahead . Secondly , i had limited funds to invest and Btcs price was allowing me to get few sats of BTC only and i didn't like that . I wanted to have at least few tokens not a fraction of one token .

one is the Luna crash.

I also suffered loss in LUNA but that was not too much . That's about 250$.

but dot at this price is actually good you know🤔

Absolutely true . You can see the potential of DOT by checking price above in screenshot and price now.

I can see you have a lot of usdt there. Have you considered getting your self 1 eth? Am just saying though 😂

I am waiting for market to stablise because I don't know whether bear cycle is over or yet to dig deep. Moreover , ETH if makes new ATH is liable to give me 5x profit in next bull run but j have tokens where I can get more than 10x in next bull run even if they reach only previous ATH. So they are there .

Thanks for your valuable interaction here . Good luck .

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 2 years ago 

Oh okay thats great.

I don’t like investing in btc that much because i can’t afford having a whole btc. Instead I will like a token where I can get one whole one too.

I am waiting for market to stablise because I don't know whether bear cycle is over or yet to dig deep. Moreover , ETH if makes new ATH is liable to give me 5x profit in next bull run but j have tokens where I can get more than 10x in next bull run even if they reach only previous ATH. So they are there .

Yh that’s actually a great explanation to this.
Investing in another coin will surely give a guaranteed 10x in a shorter time than eth. The early problem will be how long it will take to give you that 10x.

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