The Biggest Battle in Crypto
This is not as much Technical Analysis as it is Fundamentals, or more specifically, just my opinion.
When I recommend friends and family to crypto, I don't usually recommend Bitcoin BTC. I tell them about Etherium ETH and Binance BNB.
I admit that BTC is a work of art and a saving Grace, in a sense, but it’s heavily shrouded in mystery. It leaves more questions then answers and frankly, I like knowing all about my investments.
After BTC was launched some clever people at ETH space saw an open source opportunity and jumped onto it. Finding ways to better the program and use it in a functional sense. And as a result are a powerhouse today.
Then came along, Binance, who created BNB and BSC.
Now I love BTC and many alts, but It’s BNB that has showed the greatest thirst for success, functionality, and affordability. Although ETH is a force to be reckoned with. Both are the leaders and have the most abundant and diverse following, including people actually building on their framework.
but have you tried sending ETH (ERC20) lately... or staking it... OUCH!
BNB (BEP2/BEP20) is cheap and fast!... That’s pretty much the punchline
CZ has a wonderful and supportive view on the crypto space. His philosophy is there is no competition, just opportunities. And he actively supports talent entering the space, partnering with Swipe and Venus lately (check it out)... and I agree that there is no competition, there is plenty of room for growth for all, it’s just that I see BNB continuing to catch (quickly) on the leaders... and why shouldn't they, if I was a business trying to enter the crypto space, absolutely I would love someone to invest in me.
I challenge you to pull up any chart of BNB vs any other Top 10 Alt, and tell me what you think. It’s common to see younger alts rise quickly compared to their long-standing competitors, BNB will face the same fate... but to me BNB is not just a coin, it’s a business, investing in crypto businesses. I invest in people and their ideas, and BNB/BSC has insane potential. I invest in Binance because if I’ve seen anyone in the crypto space move mountains (lately), its these guys...and no, I don't work for them, but I probably would if they offered me a job.
It is also the hardest coin to chart, in my opinion. possibly because its gaining so much new interest and because they burn a heap of coins every now and then (so I’ve been told). All I’m saying is if crypto is going to the Moon, then any coin that burns itself, will do well.
...and I think crypto has to go to the moon, because every Reserve Bank currency in the world is becoming hyper inflationary. So I guess the real question is, “Is crypto going up in value, or is fiat crashing hard, both would look the same on a chart.
so without further ado, here’s my top picks, in order BNB, ETH, and mystery coin.
however, with all due respect to BTC
- to date, BTC has shown that it affects all markets. The very circumstances that effect the price of BTC also have a similar affect on all other alts. For this reason I give it a lot of my attention, as it gives me a feel for how other markets will react.
but investing is one thing, trading is another. I use to trade, not always well... but now I think it better to sit on it and wait til its easy for this currency to be used.
I still tell my friends, a small investment now...
When I recommend friends and family to crypto, I don't usually recommend Bitcoin BTC. I tell them about Etherium ETH and Binance BNB.
I admit that BTC is a work of art and a saving Grace, in a sense, but it’s heavily shrouded in mystery. It leaves more questions then answers and frankly, I like knowing all about my investments.
After BTC was launched some clever people at ETH space saw an open source opportunity and jumped onto it. Finding ways to better the program and use it in a functional sense. And as a result are a powerhouse today.
Then came along, Binance, who created BNB and BSC.
Now I love BTC and many alts, but It’s BNB that has showed the greatest thirst for success, functionality, and affordability. Although ETH is a force to be reckoned with. Both are the leaders and have the most abundant and diverse following, including people actually building on their framework.
but have you tried sending ETH (ERC20) lately... or staking it... OUCH!
BNB (BEP2/BEP20) is cheap and fast!... That’s pretty much the punchline
CZ has a wonderful and supportive view on the crypto space. His philosophy is there is no competition, just opportunities. And he actively supports talent entering the space, partnering with Swipe and Venus lately (check it out)... and I agree that there is no competition, there is plenty of room for growth for all, it’s just that I see BNB continuing to catch (quickly) on the leaders... and why shouldn't they, if I was a business trying to enter the crypto space, absolutely I would love someone to invest in me.
I challenge you to pull up any chart of BNB vs any other Top 10 Alt, and tell me what you think. It’s common to see younger alts rise quickly compared to their long-standing competitors, BNB will face the same fate... but to me BNB is not just a coin, it’s a business, investing in crypto businesses. I invest in people and their ideas, and BNB/BSC has insane potential. I invest in Binance because if I’ve seen anyone in the crypto space move mountains (lately), its these guys...and no, I don't work for them, but I probably would if they offered me a job.
It is also the hardest coin to chart, in my opinion. possibly because its gaining so much new interest and because they burn a heap of coins every now and then (so I’ve been told). All I’m saying is if crypto is going to the Moon, then any coin that burns itself, will do well.
...and I think crypto has to go to the moon, because every Reserve Bank currency in the world is becoming hyper inflationary. So I guess the real question is, “Is crypto going up in value, or is fiat crashing hard, both would look the same on a chart.
so without further ado, here’s my top picks, in order BNB, ETH, and mystery coin.
however, with all due respect to BTC
- to date, BTC has shown that it affects all markets. The very circumstances that effect the price of BTC also have a similar affect on all other alts. For this reason I give it a lot of my attention, as it gives me a feel for how other markets will react.
but investing is one thing, trading is another. I use to trade, not always well... but now I think it better to sit on it and wait til its easy for this currency to be used.
I still tell my friends, a small investment now...
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