i would rather have the real use case of the project via my own research. The numerous projects floating on the space now calls for investors to commit enough time to research as loads of these projects will proffer solutions to the world but it should be at the soul discretion of the investor to decide whether to invest in it or not.
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The worst crypto experience i ever had was buying a coin that gained presence on telegram and promised to mine oil and managed to get investors to invest in their projects as they had a wonderful community managers that were best at telling the community members what they wanted to hear. the project groups were closed and the website taken down after about two weeks
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Congestion in the network has always been the reason why it is slow which means that more than enough people are on it and the design capacity was not meant to carry more than 7 transactions per second
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Blockchain is a cure to many societal challenges including the human trafficking and load dog other trafficking related offenses. If blockchain was to be allowed freely into all the spaces it was meant to exist, the amount of crime will drop drastically.
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No government in the world can claim to have control over crypto whether it is being used int it's soil or outside the soil of the government as the system was designed to flaw the centralized government systems
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High gas fees has made loads of people to avoid the blockchains that are actually related with those gas fees. For example, ethereum has recorded the highest gas fees over the period of time when it came to play. The bitcoin network has also recorded high gas fees but not as much as it has been recorded with the ethereum network. Although it has been slashed by 50% but its quite difficult to see people pay outrageous amounts for gas.
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I heard about bitcoin by November 2016 and i did my first bitcoin transaction by january 2017 and I must tell you, it was a great deal for me. It came as a means offpayment and as such had no effect not until i researched on it and saw the real intrinsic value of it. i am happy i got in at that time.
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Loads of governments have been giving so much restriction on cryptocurrencies since i can remember but none of those rules or restrictions has ever held water or stood the test of time as they often come back for a review. Government can not stop crypto. I get to be thinking what about all the government of the world unite and decide to stop bitcoin and cryptocurrency ? I have wondered if this is possible to happen despite bitcoin being decentralized. Within me, I don't think that is no more possible because bitcoin is now unstoppable. Just like water is to the fish, bitcoin is the light of the earth. What do you say yourself ?
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no jokes, if you have been i the crypto space for 15 years then you should have gotten more than those of us who just got in a few years ago. Although, we are young in the space, we have seen a huge different in loads of comparism and we prefer it here than in the centralized world.
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the proverbial trees that was planted for someone to sit under is what parents should consider doing for their kids. Imagine having the idea of buying bitcoin 10 years ago and now the returns on that investment happens to be in its billions or even trillions depending on how much was invested and what the price of bitcoin was as at then. its time to buy bitcoin for the tomorrow whether or not your children are involved.
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Never will altcoins replace bitcoin. it is well noted that bitcoin has made loads of marks even before the birth of altcoins but then altcoins can not make the wavs that swallows bitcoin, Bitcoin still remains the flagship although it might loose the dominance it has to altcoins but it doesn't mean that it is being replaced by altcoins. Will the rise of altcoins eventually lead to the demise of Bitcoin? Ultimately Bitcoin has been tested and it has a place in the crypto world. Join our discord https://discord.gg/pp7Jwsp9 for further discussions about this topic. Tell me what you think?
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Its unfortunate that loads of people are covered with the idea of get rich quick systems as that is the systems that works better for them but the sincere truth be told. those schemes don't last and also the losses incurred can be fatal as loads of people go as far as borrowing money to invest but in crypto, all you do is invest and wait and get your dividends when due. Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend. Remember, one key to success is patience.
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Another logical way of explaining the concept of long term to people who do not understand the business of investing and holding for long term. Crypto investors are always advised to consider holding their assets for a long while as that is the only way to earn from it Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.
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crypto has already proven to be more valuable than gold as it has given more profit in terms of Return on investment with one investment year. Analysts have looked into all the investment instruments over period of time and have concluded that it is better to invest in BTC than gold
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Whether the market is being manipulated or not i see it as something that people need to come to terms with, the prices of crypto is volatile and every investor should understand this before investing into crypto.
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Because of the reputation binance has create over the years it is said to be the best exchange globally and for that reason people see enlistings in binance as the best thing that can ever happen to a project. The word binance is associated with success.
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BNB is currently believed to be undervalued as a result of the use case it represents, I think the price will be next to ethereum as it promises to be a valuable asset even in the hands of those who are willing to invest and also act as miners in the space, what we can also call validators.
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the likes of BNB and all other coins that has same functions as it does have will be around for a very long time because of the value system they represent. and the value is also going to drive the prices to the roof.
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Bitcoin ATM has been a good invention in recent times as it helps people with the ease of making either deposits or withdrawals of their coins. Then people who are travelers get to relate with systems alone leaving out the need for locating fiat ATM machines and driving around town to get that. The business part of it is also great as you have more passengers patronage as they take advantage of it and save their time and stress.
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