I’ve been researching some cryptocurrencies like XRP, XLM, and HBAR. I would love to hear everyone’s opinions and facts about the advantages and disadvantages of HBAR. Thanks in advance
Be careful not to chase coins that have just experienced a surge. Different coins usually take their turns during a bull run. If you chase them, you’ll likely miss out on profits.
I’m looking for a chance to buy HBAR if it dips significantly. I had HBAR last cycle, and it performed well. It seems to have gained momentum when Trump mentioned he would support crypto made in America. It’s a strong project with good potential for growth. But waiting for a better entry point might be wise.
@Beckett
Unless he thinks about holding it for another 4 years. This could be a good entry instead of waiting for the end of the bear market. Getting in at 10-15 cents might end up being the new bottom you would be waiting for during the next downturn.
@Benaiah
You could be right. I just avoid buying at tops generally.
@Benaiah
I suspect it will drop after December when people cash out for taxes, but I think it will bounce back in March.
The number of projects emerging on Hedera is really impressive. They are working on things like IoT drone tracking with Wisekey, gaming projects with Earthlings, and plans for AI governance. The future looks promising. Even if the price hasn’t always mirrored its usage, it seems this is changing now.
There are many positive developments on the way.
The issue is it currently has zero transactions per second
I just cashed out my HBAR recently.
All the transactions are being handled by one provider on HBAR. This doesn’t bring any value because HBAR gives them grants or free coins.
It’s worth noting that HBAR isn’t a blockchain; it’s based on a different technology called Hashgraph. This is what makes HBAR stand out compared to other cryptocurrencies. HBAR’s council includes several smaller banking and payment services, as well as some big companies like Boeing, Google, and IBM.
If Brian Brooks becomes the new SEC chair, it could be a big deal.