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Yes, young people have now an opportunity to get involved in the new technology which is blockchain. It not only provides trading and investment opportunities but also in terms of career perspective various job offerings in the field. One can learn the technicalities of blockchain technology and get benefit entering the new start ups and projects.
Just one advise I would like to give to young people that, they should not dream becoming a millionaire in short time. Some people have perception getting their money multiplied in short period by investing in crypto currencies. Patience and hard work is the key to success.
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Proof of Authentication Post Bitcointalk Username: forexandcryptoauditor Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2438580Telegram Username: @forexauditor Campaign Category Participated and social median handle: Twitter, LinkedIn, blog, video Trust Wallet Address (supported bsc, eth and matic): 0x4B9a7B658EC6eaD5B6332c18EeE22E0CE2D85821 |
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Honestly speaking, there was a time two years back when the gas fee was so high that I waited for months to do some transactions. However, now it seems the situation has eased and the gas fee is much lower now. Doing my transactions at any time when required, I mean no concern now on it.
But sometimes, network congestions may impact the fees structure, having said so, I don't think that it will be the same situation as previously. For the adoption of any blockchain network by Dapps, the gas fee is one of the most important thing to consider. So the lower the gas fee, more apps will be there and vice versa
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From my point of view the concept of NFT is really good. The new thing that give privilege to the artist and crypto enthusiasts. Initially, it was a new concept and people really liked it. Soon, kind of every projects want to have Nfts as their main or one of the product. When there is too much, technology can lost the essence of its originality.
Second reason, as you already mentioned, the current market conditions are not at all good at least for new startups.
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Indeed. Not sure how to get rid of those dead coins laying in the wallet. Some are actually dead and some has such a low prices that it can not even fulfill gas fee.
The projects which are getting hype initially but down the line after few moths show sign of less or unwanted updates and communication, getting engagements reduced, getting delisted from some exchanges, and having dumps more than pumps(shows team is selling below ico price), are some of the symptoms of to be dead projects.
Having said so, it is very difficult to identify such shot projects at the beginning.
Thanks to bitcointalk forum where we have many topics and awareness threads to keep everyone alert and updated about scam projects.
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Not completely true. Good or I should say that renowned exchanges has huge fees to list the cons. Although, they have some criteria apart from fees to check the legitimacy, no so good coins can also filter those criteria along with fees. On the other hand, some good coins may not fulfill the same and miss the opportunity to get listed.
We all know that not all coins listed on binance are good or even worth getting listed there.
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looking at the journey of BNB till now, the potential looks promising. Since the gas fee is vey low, many projects are preferring BSC blockchain over ETH and other networks. Also I see the userbase of Binance is huge and increasing day by day. As per the technical analysis, BNB may touch $400 by this year end. And if no negative news for Binance, it should be around thousand bugs in coming years. Since The price of BNB is dependent on exchange, any hacking or regulation related news may drag the price downwards to a great extent. I am also holding few BNBs in my portfolio and would like to hold for long term and grab the chance to accumulate if it drops extensively.
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When I started accumulating different cryptocurrencies, initially it was the etheplorer where I was checking the assets. Soon, I got may other tokens with other blockchain networks so realized how difficult to track all of them. Then I started using blockfolio and the experience was great. We can select the exchange and pair of holding currency. For example, eth USD and so on. It also provides overall value in BTC, USD or desired countries currency. Soon, the blockfolio was acquired by FTX and now its FTX portfolio tracker. Till today my overall experience is good and I have just logged in to track my assets without connecting to exchanges.
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From my point of view, with respect to the technical analysis, Bob price may reach $400 by this year end. I think this the best time to buy or accumulate.
The future of BNB over eth is also stronger. The low gas fee and scalability more than that of eth, has attracted and is attracting many dapps to BNB.
Instead buying any new coin, I would like to stick to BNB option only.
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Even though, hacking of exchanges alarmed cryptocurrency holders many times, in truly manner collapse of FTX has awakened and shaken them hardly. I feel hardware wallat is the best way to keep cryptocurrencies safe. However, this will cover BTC and ETH and other blockchain coins in well manner, but for altcoins we need to keep ourselves updated as we may not know when the project will switch the blockchain network. Also keeping assets in hardware wallet is difficult for users who are day traders. So for investment purpose, that too long term, that is the best option.
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I also have some amount of SHIB tokens in my portfolio. Initially I thought it is just hyped token because I saw it everywhere and every time on every social media platforms. Later I realised the potential of this coin. Although the news and market sentiments driven it and showed many ups and downs, but still I see the community has strong confidence in the project. Let's see where it will be in near future. I am hoping for the best.
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I have gone through the website given by you. Not looked into deep but just had a glance. At first place it looks interesting. Team seems focusing on more towards utilities of $bubble token. They have many utilities like gaming, staking and so on.
Previously I haven't heard of this project. We should be cautious before or while investing. May be, the amount which we can afford to loose can be invested. Though I really like the concept of bubble token.
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Really a good analysis and insights covering comparison of Apple gadgets and Bitcoin. This shows how bitcoin has gain not just its price but also the user experiences. One, must thinking on investing in Bitcoin rather than buying those expensive gadgets. I feel, this is not just about apple devices but also other expansive things which we can ignore and move towards buying some amount of bitcoin. Surely, down the line in few years those who brought Bitcoin feel proud of themselves.
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There seem to be multiple reasons behind it. Governments dont want to have a parallel financial system which may put in danger their said banking system. Having encrypted wallet addresses, governments can not track the transactions and thus loosing the tax amount which could be a huge addition to the reserve banks. This also encourages money laundering which no government wants to attract.
Having said so, governments are not able to control the engagements of the people in in cryptocurrencies, they feel the easiest way is to ban or at least not to legalize.
I believe, soon many countries can impose some regulations to adopt cryptocurrencies because it can not ignore the possibilities and developments through blockchain technology.
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#Proof Of Registration Forum Username: forexandcryptoauditor Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2438580Telegram Username: @forexauditor Participated Campaigns: Twitter, signature, reddit, discord, telegram, Instagram ETH Wallet Address: 0x62C8Aa8b705c9e6692fE4887AC87578dBbf42C59 |
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