Having a CEO who supports and probably invest in BTC is great. His vision to promote bitcoin is quite a smart move and everyone would probably benefit from this. Most probably lightning network should be deployed as well for lesser fees and faster transaction speed. This is better than buying stars in Facebook for tips.

Agreed. The fact that you tell no one that you own that address means no one has the ability to find it out. Probably theres no transaction that could lead to your identity. Not even IP address. You can use VPN if thats what makes you worry. In the other hand, in terms of its founding fathers, it was total anonymity. No one exactly knows who Satoshi is nor if its a group of people of just one genius guy.

October is ending and ETH's price has plummeted since then. I think it could still go beyond 4500$ and probably reached 5K before the end of the year. Upgrades about ETH 2.0 and the burning mechanism is really helping up the price action. Some of upgrades specially the lowering of its fees is on its way now so yeah very bright future for the top 2 cryptocurrency.

Lots of rumors emerges that USDT is not really backed by USD in a bank. I also heard that it happened between 2017-2019. Nonetheless, all of these are being resolved already and nothing to worry about. Besides these are just a bridge to what you really buy in the market.

Thou shall not put all your eggs in one basket. This is one of the golden rule in investing. Expanding your portfolio is a must and could help you avoid loses and could potentially gain you more. Another thing is that Alts could give you more returns than BTC. It can literally give you moonshot like 10x to 20x with the right marketing strategy unlike bitcoin that is hard to surpass the 2x one unless you were one of the early adopters.

Yeah, the drop was not permanent. It only took a day to recover its price and probably that was just a fake dump caused by hardcore fan of Musk who hold Shiba too. Nonetheless, binance nowadays support shitcoins so the audience for Shiba would be so damn good. Even coinbase's most traded coin is shiba. Shiba Army is doing it.

As for me, its 80% staking and 20% book profits. I don't do LP as its impermanent loss is eating my coins up specially during pumps. I'd rather play it safe rather than gambling it. In scalping in the other hand, its quite hard for me as to I dont have the time to monitor market day by day so yeah I do staking a lot specially with Sovryn where when you stake, lots of passive income gives to you aside from earning SOV, they give you BTC from protocol fees as well. Almost 35% APR but still IL is not a problem with it.

For me 2 years minimum and 4 years max. I think by that time, the project is fully developed and massive advertisements are also conducted too. I think, by this time frame the price is reasonably the perfect price for it and thus taking some profits as well. Another thing is that Major Developments are done deploying thus in the following years, hypes are less than these ones. Major partnerships might happen after this timeframe but still the main utility are out already.

With the current tweets from shiba Inu, they asked Elon about how many Shib he has and Musk replied none. In that instance, Shib drop over of 20% so its unlikely to Shib to overcome the Great Doge backed by Elon Musk. Still many are ignorant with the meme coins they support but we cant blame them though.

He was talking about planets so I was just thinking about the possibilities that could emerge in the future. If NASA or any 3rd party businesses could transport humans to Mars and populate that planet, I think its not impossible to have an internet there as well as to satellite would be available there too. I don't think its far-fetched kind of thinking as its proven that technology is fast approaching. Payments in the other hand would be easier if internet could be established.

Yeah it could be. Aside from the securities it offers, crypto payments are much reliable and faster than other mode of payments. In terms of inter-planetary payments, I think its easy. Internet is probably available in Mars if humanity migrated there. It would be easy to set it up as well as technology is developing faster than any before. 

The rapid growth of DeFi is helping to leverage the price. Another thing is that United States SEC department that registered ETF that contains crypto. It is undeniably that price would hike up unless major Fud spread again just like Musk did last May. A 100K might be achievable within this year and could even rise up more next year.

In terms of features that DeFi projects and Banks has, the twi has similarity. However, the collaterals are different. When you borrow in banks, you need physical assets like cars, houses or even property lots. In crypto, you also needs collaterals which is crypto assets that you have. My point is that, banks are institutions that has centralised system. It has vulnerabilities and strengths that rely on old monetary system. DeFi in the other hand is the future of banking. No more intermediaries. Only smart contract. So in short, crypto does not need banks. Banks needs crypto.

I don't know if someone has post of updates about bank in El Salvador but Sovryn - the DeFi for Bitcoin is already building a decentralized bank for all El Salvadorian now. They partnered with Banco Hipotecario, TESOBE (company behind Open Bank Project - API3) and QREDO to bring this forth. This could potentially be a step forward for bitcoin itself. You can now Lend, Borrow, and in the future apply for your save for your retirement plans for BTC in the near future.

There are lots of grey areas in your points taken in this post. When we talked about cryptocurrency, there are lots of projects come out of that. This is inaccurate. Lots of cryptocurrency has a centralised infrastructure that carried out the projects. One of the best example is BNB itself. It is managed and controlled by Cz the founder of Binance. However, if we just talked about BTC over Fiat, there's no doubt that BTC is much feature rich that old school foat. BTC has no needs of intermediary. Not centralised meaning no one has control over it. Has limited supply up to 21M only and it will never change. Unlike fiat that Governments can print it all they want.

Luckily some of the institutions here that can convert crypto to fiat has XRP in their trading options. Super fast transaction with this guy XRP and low fees of less than a $ worth of withdrawal as well as trading fees. The problem is the conversion where 4-5% less than the market itself but still low compare to what other financial institutions are offering.

This is quite true. People of China know the importance of cryptocurrency and how it could possibly change the monetary system. They are one big community and Cryptocurrency is quite popular there. Its just that the CCP wanted to control everything which they cant do with crypto. In my opinion, people in china are smart enough to not know the alternatives which is the decentralised exchanges. P2p transaction at black market would also be a great option.

As for me, riding the hype have the most risk of them two. Its better to buy the dip compare to riding the hype due to corrections that might happen. Aside from that, big opportunity comes to those who bought the lows rather than those who bought at the hype. Projects that have real life utility are the best ones to be bought in terms of red market. They eventually and proven to rise even without the hype unlike those meme coins out there. Projects like DeFi also has a place and those projects like GOMT who's trying to change how consumers of meat experiences.

Yeah why not. It gives you the benefits of holding for price hikes and rewards you by it. The APY however isn't that high compared to providing liquidity but still you have the edge of not having a permanent loss. Aside from that, projects like SOVRYN even gives you the opportunity to earn airdrops by your staking with almost 2% supply worth of every project that is launching to their platform added by your staking APY which is 30% liquid SOV. Other projects like GOMT also gives you the opportunity to steak your hydra when you bought GOMT using hydra. Your hydra payment will also be staked and by the end of the year, you will be rewarded by GOMT. How cool is that.