Can these Ethereum ERC-20 tokens be potentially profitable to invest in 2020? - Page 3 - Coins / Tokens Talk - CryptoTalk.Org Jump to content
Whited35

Can these Ethereum ERC-20 tokens be potentially profitable to invest in 2020?

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I think almost any token can be a potentional hit.

You'll only need to gain traction and then start to develop.

but in the list of your i think BAT and chainlink are the most promising

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The ethereum tokens that you mention it is very possible that in the long term they have a good performance compared to other cryptocurrencies due to their innovation and the adaptation that they are having among people as a means of payment

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The Ethereum Erc20 tokens have been acting as an instrument that benefits those currencies that are not outlined in the exchange platforms but are a good option in the future to obtain great advantages when trading

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If there are many very profitable ERC20 tokens to make a good investment in terms of the ones you have in the post, I like chainlink, it manages a good project and has remained at a very good price

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Most of the DEfi token are erc20 so yes, if it is worth investing in 2020 in erc20, just look at YFI a token that exceeded the price of bitcoin, in less than 3 months

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It all depends on project of the coin plus the supply and  the daily volume that is being traded to make sure that it isn't a dead coin.

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El 25/6/2020 a las 7:35, rekter dijo:

No veo por qué alguien invertiría específicamente en tokens erc20, simplemente invertiría en cualquier cosa que sea innovadora, realmente ni siquiera me importa si son soluciones de primera o segunda capa.

 

Pero Chainlink acaba de hacer una gran asociación con China y me sorprende que no haya aumentado aún más. Para ser honesto, no sé mucho sobre la tecnología de encadenamientos y siento que ya perdí el barco, pero lo pospuse lo suficiente, así que lo echaré un vistazo este fin de semana y tal vez haga una inmersión profunda en eso. tecnología

 

Fuente:

https://cointelegraph.com/news/chinas-blockchain-service-network-integrates-chainlink-oracles

Buen día
, creo que Chainlink estará en el top 5 de las monedas este año
Sls

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I think that all erc20 tokens have potential, mainly those of Defi since they have a very good reputation for their low fees. Like any investment it is a risk but they are a very good alternative

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It's a pity I haven't read this topis before. For the link and origin protocol made a lot of profit. Especially the link with its partnership

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On 10/4/2020 at 5:44 PM, Whited35 said:

depends on the trading strategies price volatility of LINK in the cryptocurrency markets if you are focused to make benefits off LINK token's short-term tradings. 

Link is a good token but I like to invest money online at BTC because it is great an powerful cryptocurrency  in this world. I have doubts on other currencies probably some of them suffer from the dead end. 

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Chainlink has already proven it’s capability. We’ve seen a major increase in value, and this might just be the beginning.

Link is revolutionary in the Crypto Oracle space, and with more adoption value increases as Well.

It’s at a high market cap right now, so there are better assets if you are looking for short term investments.

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On 10/11/2020 at 2:05 PM, ShiNorton said:

Link is a good token but I like to invest money online at BTC because it is great an powerful cryptocurrency  in this world. I have doubts on other currencies probably some of them suffer from the dead end. 

@ShiNorton I did not get your point properly here. What do you think these listed ERC-20 tokens are good to invest in your opinions or not? I have tested to invest amounts in these tokens and have managed to earn profits that's why I shared it to you guys. 

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It will be very profitable for Ethereum in 2020 because the price of Bitcoin in Ethereum has gone up in 2020 so I think we can be very profitable if we want to take money in Bitcoin. ERC 20 are token be profitable. 

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On 7/8/2020 at 5:15 AM, JohanDonne said:

There are some coins that got value in future but when they started we don't know if they become scam or not, so it is always risky to invest in new currency but if it works out, it is the most profitable place to invest.

Of course, you should verify the coins before you start investing in them, but these coins in this topic are all honest and will achieve high profits for you.

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8 hours ago, dralllan said:

The first three currencies on the list are good currencies to trade through my experience and my experience in trading with them as I have achieved significant profits, but I have not tried other currencies.

@dralllan Would you mind to share which tokens from the above list has given you the most profits? Have you tried LPT token's trades yet? Other tokens are already popular to the crypto community around this world. 

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10 hours ago, Whited35 said:

@ShiNorton I did not get your point properly here. What do you think these listed ERC-20 tokens are good to invest in your opinions or not? I have tested to invest amounts in these tokens and have managed to earn profits that's why I shared it to you guys. 

Yes I think they are good options to get profits. I have not tried to choose tokens from list above to invest. I need more knowledge first.  Which one do you recommend  me to invest? 

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I am interested in investing in Link Coin and I like its project, which is a decentralized Oracle service, which aims to link smart contracts with data from the real world. It seems to me that the currency has a future and cannot be eliminated.

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13 minutes ago, ShiNorton said:

Yes I think they are good options to get profits. I have not tried to choose tokens from list above to invest. I need more knowledge first.  Which one do you recommend  me to invest? 

@ShiNorton I can not give investment advise in crypto as I am not an expert and also risks are involved while investing in crypto. You have to take care of so many things before considering to invest in cryptocurrency. Thanks for understanding. I create some tutorial posts hope you might love to read them soon. Thanks. 

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I think that investing in ethereum is a good option because it is more stable than bitcoin. Investing in new or unknown coins has a risk of loss, because it is not guaranteed and most of it retracts after a period of time or becomes without value.

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On 6/24/2020 at 9:55 PM, Whited35 said:

In the crypto world, experts say,  "Diversify your investment portfolio". I think, investing in different assets is the smartest idea to minimize losses. At least one of the chosen currency can give you profits while performing trading activities in the cryptocurrency markets. If you are thinking about investing in Ethereum ERC-20 tokens, these tokens can be the best choice for you (Note:-Please don't consider it as my investment advice! I am going to share my opinion and you are also free to share your opinions under this topic🙏)

 

Chainlink(LINK):-

It is a decentralized oracle network that was developed by Sergey Nazarov and his team. LINK is a native cryptocurrency to Chainlink decentralized oracle network and it is an ERC-20 token that is listed on 150+ cryptocurrency exchange sites including Binance, Coinbase Pro, Huobi Global, etc. Currently, each LINK token costs around $4.65 in the cryptocurrency markets.

Official Website:-https://chain.link/

 

Basic Attention Token (BAT):-

It is also an ERC-20 token which is led by Brendan Eich. It's open-source and decentralized platform consists of Brave browser where users receive ads to receive rewards in BAT for viewing them. Brave Browser is itself getting the incredible reputations from global users due to its built-in ad-blocking and malware blocking features. It is also one of the fastest browsers on this planet. BAT Token is listed on so many exchange sites including top-ranked exchanges like Binance, Coinbase Pro, etc.

Official website:-https://basicattentiontoken.org/

 

Origin Protocol (OGN):-

This project was founded by Matthew Liu and Josh Fraser. This project's main aim is to enable blockchain-powered commerce. Recently Houbi exchange has approved to list OGN Tokens and it is already listed on top-ranked exchange sites. Coinbase has also included OGN in its list to seek the possibility to list on its exchange platform. I think investing in this token for a long-term purpose would not hurt us later. 

Official website:-https://www.originprotocol.com/en

 

Livepeer Token (LPT):-

Livepeer is an open-source video infrastructure service built on the Ethereum Blockchain.LPT is ERC-20, Ethereum based native token on their platform. Recently, Coinbase has released a list for 18 tokens telling like they are exploring them to list on their exchange in the near future. Surprisingly, LPT is included in their list. You can check Coinmarketcap for further details. 

Official Website:-https://livepeer.org/

 

CoinDeal Token (CDL):-

CDL is an ERC-20 utility token from the Coindeal exchange. I have included this token due to some reasons like if you stake CDL on Coindeal exchange you can minimize trading fees. Also, you can get passive incomes for staking CDL. The minimum staking amounts is 1000 CDL. Exchange is also offering free crypto cards to its users. Users can earn CDL tokens for voting the new currency to list on the exchange. I believe, investing CDL can surely bring me benefits in the future.

Official website:-https://coindeal.com/

 

If you have ideas about other potentially profitable Ethereum ERC-20 tokens, kindly share with this Cryptotalk community.

 

Reference:-

There are some potential ERC-20 tokens that can be fully profitable In 2020. There are several reasons behind this. And so that can be fully automated for us. And also Chain link is one of the best coin to do trades.

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On 10/14/2020 at 12:04 AM, jourdain said:

I think that investing in ethereum is a good option because it is more stable than bitcoin. Investing in new or unknown coins has a risk of loss, because it is not guaranteed and most of it retracts after a period of time or becomes without value.

@jourdain Tokens that I have listed in my topic are not the new ERC-20 tokens. They have the great future and are of the most reputed cryptocurrencies. At least they were profitable for me that's why I decided to share them in this cryptotalk community. Thanks. 


 

 

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i think right now it would be very risky to invest in chainlink because it has already went up higher than everyone thought it would, but investing in BAT looks like a good idea to me especially at these prices.

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Investing in Ethereum ERC-20 tokens could be very profitable in this year 2020, especially if they are Decentralized Finances or DEFI projects, yes, personally I recommend being very careful about the existing risks, even if there is a smart contract, Since this would not be an obstacle for us to be scammed, experts in this type of currencies recommend analyzing these projects very well and not investing money beyond what we can lose.

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In his traditional speech on Friday, 31 May, Japan's Minister of Finance, Shunichi Suzuki, reiterated that exchange rates should reflect fundamental indicators and that he would respond appropriately to excessive movements.   On Friday, 31 May, a block of important macroeconomic statistics on the state of the Japanese economy was released. The Consumer Price Index (CPI) in Tokyo showed that inflation rose to 2.2% y/y in May. In April, this figure was at 1.8%, matching a 26-month low. Core inflation in Tokyo also rose to 1.9% from 1.6% y/y, and the CPI excluding volatile food and energy prices increased from 1.8% to 2.2% y/y. (It should be noted that inflation in Tokyo is usually higher than the nationwide figures, which are published three weeks later. Therefore, the Tokyo CPI is a preliminary but not final indicator of inflation dynamics at the national level.)   The current rise in inflation could increase confidence in future BoJ monetary policy tightening. However, the fear of low inflation and a sharp yen appreciation deters the BoJ from raising the interest rate and narrowing the gap with other major global currencies' rates. A strong yen would harm national exporters. The decline in industrial production, which fell by -0.1% in April both month-on-month and year-on-year, does not encourage borrowing costs to rise.   The last note of the week for USD/JPY was struck at 157.25. United Overseas Bank (UOB) analysts believe that in the next 1-3 weeks, "the dollar has the potential for growth, but given the weak upward momentum, any advancement is likely to be slow. The 157.50 level might be difficult to overcome, and resistance at 158.00 is unlikely to be reached in the near future."   Speaking of the average forecast of experts, only 20% indicate a southward direction, while the remaining 80% adopt a neutral position and look east. Technical analysis tools show no such doubts or disagreements. Thus, 100% of trend indicators and oscillators on D1 point north, with 15% already in the overbought zone. It should be noted that if the green/north color of the indicators for the euro and the British pound indicates their strengthening, in the case of the yen, it conversely indicates its weakening. Therefore, traders may find it interesting to pay attention to the EUR/JPY and GBP/JPY pairs, whose dynamics have been impressive lately. The nearest support level is in the area of 156.25-156.60, followed by zones and levels at 155.50-155.90, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance is in the 157.40 zone, followed by 157.70-158.00, 158.60, and 160.00-160.20.   No significant events or publications regarding the state of the Japanese economy are expected next week. CRYPTOCURRENCIES: Bullish and Bearish Ethereum Prospects   For the second week, market participants' attention has been focused on the main altcoin. On 23 May, the US Securities and Exchange Commission (SEC) approved 19b-4 applications from eight issuers of spot exchange-traded funds based on Ethereum. (According to JP Morgan experts, this was dictated not by a desire to support digital assets but by a political decision aimed at supporting Joe Biden ahead of the US presidential elections.) Whatever the true reason for this regulatory move, everyone is now interested in where Ethereum prices will go. The newborn ETH-ETFs can only start trading after the SEC approves the S-1 applications. According to Bloomberg analyst James Seyffart, this could take "weeks or months," although it is very likely to happen in mid-June. According to DeFiance Capital CEO Arthur Cheong, Ethereum's price could rise to $4,500 even before trading begins. CCData analysts believe that within 100 days of the launch of ETH-ETFs, the price could reach $5,000 per coin. This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
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