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I do consider that it is antithetical, because BTC was created so that neither governments nor banks would get their hands on our money, our money in the traditional economy has always been managed by banks and for this reason is that now there are so many problems with the governments seeking regulations for BTC and crypto, this is something that should not be allowed because there are many ways to bypass prohibitions and governments and banks always think about making money just for themselves and do not think about the situation of each person, I am particularly in favor of Each person has the right to their money and the amount they want to move from one place to another. I think that was one of Satoshi's premises.
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The rich
The rich will always go to the bank and borrow the savings of the poor and become richer.
Alot of people do not know this about the influence of the rich on the banks. But I disagree that the poor take their money to the bank. The poor do not have enough cash to operate an account. The little they get are kept in their homes for daily feeding and they do keep it under their pillows or under their beds. Those who have savings in the bank are not poor. They are average or middle income earners. I think you are right, poor people relate to banks because there are loans that must be paid not to save money, they rarely do things like that. because it is difficult for them to meet their daily needs, let alone have a relationship with the bank, which may take up their time, where most of them are laborers, although the company may pay for it through the bank, all the money will be taken immediately. So indeed those who have savings in the bank can be sure who have more money than their salary or business. Well, not only poor people relate to the poor, I know many businessmen who have a lot of money and they have it in banks, of course not only in local banks, but also in other countries and in banks, I think that those who have money in banks it is because they do what they think is correct, because for them the bank gives more security and confidence, for them they do not care that the bank demands a specific amount that they can subtract, because this stems from the ignorance of not know BTC or crypto, and yet many who know do not trust it, so this is already a matter of judgment. |
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It is remarkable that Russia takes this type of descioines, because Putin knows very well what the price and value of BTC is, he knows that he cannot go against the tide, also in Russia people usually have a great intellect and I am sure that the majority of the population knows and knows about BTC, with this that was approved it can not only increase liquidity in the country, but a great demand will enter the market progressively, causing the price of BTC to rise a little more , something that is very necessary at the moment.
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OP, no need to think of some surprises make it simple man, I know most women today loves money lol why not just give her bitcoin, just buy hardware wallet like Trezor and gift it to her, she will really appreciate it if she discovered one day once bitcoin pump to the moon, its already worth thousands of dollars.  women are born to love money and it can't be denied but those who are lazy to think hard will definitely prefer real money to Bitcoin and hardware wallets lol. we have to have another trick to get them to like Bitcoin one way I've tried is to say that Bitcoin is marriage savings and it turns out she (my girlfriend) likes it. Giving BTC to a woman on Valentine's Day, you have to make sure that she knows well what a BTC means, because in these cases it is a great gift, it is something that in the future can represent fixing your life, but if and only if she you know what the BTC has in Value but not in the price it has for now, if so, give it to her, but honestly a woman values other things more, sometimes they prefer simpler things in order to share a pleasant moment, for them too that's okay and they don't give so much value to what money represents, even though they love money, but for that occasion other things are preferable, roses, eating a healdo share with her, but if you want to give her BTC then it's not too much , as long as she knows and understands its value. |
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The market is volatile and many people now would like to buy some bitcoin in some parts it depends on them if it's good for a long term or a short term investment. Most people hold their assets, especially bitcoin. I'm not a professional trader but I have experience since 2021 and a possible risk most of my assets is the bitcoin dominance we know the potential of the bitcoin when it dumps most of the altcoins have a higher percentage to lose or to lower the value.
Risk is literally can be found in all forms of investment and much more when it comes to trading. I assume that everyone is already aware of that position before entering the crypto world. That is why we need to know how Risk Management applies in real life and importantly we have to know that. And that is why we have to choose those projects that are good for investment either long-term or short-term so we don't need to worry if we miss the opportunity to sell. Most people when they enter this market are unaware that just as they will make a lot of money in case of a big increase in any investment, they can also lose a lot of money in case of any price drop of any currency. this is something that few people think about before entering this market and what you see is the extreme greed of wanting 10X profits That is actually the most common misconception of most newcomers in the crypto industry. Because they thought getting easy money here is that easy peasy. And then, they will find out that it is not what it seems. With thousands of alts to choose from, for sure they will be confused where to start. As some are after for get-rich-quick projects, a lot are being screwed by these scam projects, giving them bad experience in crypto. And this is where some negative feedbacks are coming from. But it is not the general character of crypto, misleading some noncrypto users. Well, when we talk about the btc market, it is very common for us to meet people who do not have much knowledge about the speculative market, whether it is about BTC or the stock market, forex, among others, the laws are going to be almost the same, You must have a financial education to understand the market, to understand the difference between market speculation and investment, which many when they enter the market mix these two concepts and make mistakes because it leads them to failure and make bad decisions, this is where they lose money and it is not the duty to be. |
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In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.
I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?
Well yes, actually from 2014 to 2017 the BTC had a stage of market accumulation, for the year 2020 to 2021 the price rose, it could be said that it was in a stage of the beginning of the bullish race, although in my opinion we are still experiencing a strong correction and that the price can reach $100k at any time with a good push, but this is something that is difficult to predict, however the $100k was expected by the end of 2021 and what it did was drop in price, for this 2022 there could be another bullish race. |
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This changes nothing. It will just re-direct the whole power to the countries where mining is still strong enough and legal. For example, imagine El Salvador where bitcoin is considered as legal tender, it will get the upper hand and thus gain the whole and sole power to mine the crypto. Stopping the crypto mining won't stop the use of the crypto currencies in any country as it is online, and it can not be practically banned or stopped from using.
So left over mining power and followed by it's reward, will be given to El Salvador (example). Imagine they have will have huge amount of assets in their hands.
If other countries do this, then they will be dropping the axe on their own legs!
You are right, in fact this would be a great deal for El Salvador, also that there will always be ways to mine BTC so that everyone can have their transactions quickly and safely, in the case of Venezuela their government is mining, and has such control It is It is very good that everyone who decides to engage in mining has to register with SUNACRIP, this as to maintain control, otherwise if they do not do so it would be considered almost a crime, where the person or persons will be imprisoned. |
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I hope that 2022 can be better than 2021, it's time for us to be successful and be able to retire from boring work and office activities and its time to vacation and get passive income, some of the coins that I have turned into assets for big profits are CAKE, BANANA, Quick, Uniswap, Sushi and MATIC.
Actually the coins in your list have potentiality but their is other coin that is not in your list but can really propagate when soon, i believe coin you invest on is the coin you will it's potential very well, let us try to invest on this coins here. ADA SOL SHIBA ATOM I am very struck by the selection of coins that you put, however I am curious because Luna is a coin that has cointelegrpah in its sights for its analysis with the coin and I think that it has very good potential just like Matic, however if that is your selection mine is a little bigger, because I currently have it: 1.-BNB 2.-SOLANA 3.-MATIC 4.-DOT 5.-UNI I think it is a selection that is for the long term but it is very good. |
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Of course, there are many coins that have the opportunity to increase to 100x, especially cheap coins, but I prefer to buy coins that have a strong reputation in the market so I don't worry if there is a red market. some coins that have a chance to be 100x are crypto.com and MATIC.
A large selection of dancing coins you can have to make a profit, ADA also has great things to hold on to and some other coins are also great to buy when prices are really down. Now there will be major changes in the next few months. What happens is that for a coin to reach x100 they have to have a large community and a project capacity that is gigantic, because until now in the best pre-sales and public veins of NFT games, which is where I have seen a great growth of price in a x3, x4, x10 is something that seemed very common, now a x100 is already something very exaggerated, however there are coins with great potential as they have said, MATIC, not only here in this thread I have seen that they recommend it , also in bull threads Matic is a coin that has an incredible potential, if at the moment of BTC rise in price Matic can do it too, but not at x100, but it can easily reach x2. |
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I still dont understand NFT trend. In the current world, when everything is digitalized, what is the point of being the owner or have copyright on a picture, that everyone can look at for free, or even take picture of my picture. For me this is sort of creating artificial demand to get money from air. When I see a painting in real life, I can evaluate the time spend on creating it, experience of its creator, selection of materials and etc. NFTs can be created just by clicking random button, or even artificial intelligence can create them. And they can have a greater value than real peace of art.
I think I will never understand real purpose of NFT. Sometimes I think NFTs are sort of global scam scheme. We had Ponzi, now we have NFT. For real, it is creating money out of nothing. Creating a demand to find someone who will pay bigger price than you bough it. Then this person will repeat the scheme, until there will be last on in chain who can not sell it, because such amount of money does not simply exist or there is no one who wants to buy it.
From what you say, everything can turn out to be a great truth that nobody says, now the NFTs are focusing on the artistic, on works of art and they want to put them in evidence as perhaps so that this business model does not let it die, however , they are talking a lot about metaverses and they want to combine everything related to metaverses with NFTs and don't be surprised that they release NFT games based on metaverses, and they want to sell it as the most evolved so far, and they can do it, but it should study first how its internal economy will be focused, because that is where one will see if it will become a ponzi scheme. |
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I'm not yet doing a research about Meta but for sure it will be the next big thing in crypto, I bought some meta coins now like GALA and SAND I'm not sure if they are good coins and I just heard them on Twitter but it's not that bad to have some of this coins. It could be a great investment in the future.
. Is it the next big thing or already the big thing in the cryptocurency industry. Metaverse is a multi billion dollars industry already and nothing has been done yet. All that is been built are just demo because when Facebook finally release what they have been working in, it would look like the other projects where playing all this while. Looking at what the project are working on, there is no much ongoing. Everyone just copying each other without any uniqueness. The way you see it, you are quite right, it is likely that many see the metaverse as the future, but judging by what has been tried to see or by the advances that are usually visualized, not much has been noticed about the metaverse In fact, I don't know if the phones that have 5G will support this technology, if it has to migrate to a new 6G technology or something that everyone can access, some are confused because they think that the metaverse will be the new environment of NFT games and many believe in it, then for sure, if it can represent a future, a trend, and even a fashion. |
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The number of platforms developing BSC makes the use of BNB continue to increase, this has an impact on increasing gas costs, but I think it's still cheap, to send BNB with Metamask it takes around 8 cents while for tokens it's around 15 cents.
If the BNB price continues to increase and such as the same eth the price may be the cost of gas will be equal to the same. The solution may only be if the price of BNB or ETH does not reach 1000 $ below, it may not happen expensive costs. Many people complained about this continued cost. Now there are many who hope Coin BNB, the ETH is up but rejecting high transaction gas costs..? Right, actually the expensive gas costs are in accordance with the profit you get, people forget that in the past gas costs were cheap because the price of coins was also cheap, for example today the cost of TRX can be free because the price of TRX is only 6 cents, the ETH transaction fee is around $12 and I think it's still reasonable . Yes. This also has an influence, but you also have to take into account that the price of the rates increase due to the growing use of the network, and it is for this reason that congestion occurs, something like that is what happens with ETH , they claim that with ETH2.0 everything will be fixed, but Hayqeu waits for its development to see how it goes, however he notes that many are looking for projects through the BSC network because they prefer to pay a fee for the BSC network and not for ETH everything changes, the BNB coin is going down in price, and if it goes down then the fees should go down, but this is not true. |
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Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
It seems to me that now with the choice of the project everything has become more or less clear. If you don’t understand technology, then a very good factor in choosing a project is the quality and quantity of funds that have invested in the project. In fact, large funds are already giving the initial capital and start-up for the project, which allows you to be more or less confident in your choice. They are very good statements and should be taken into account to do the pertinent research for when there is a project that is really worth the effort, but due to what they say, sometimes the ideal is that it be fulfilled when these steps are followed, but for the year 2021 these things or advice became obsolete with the NFT games, where many launched their game, even putting their own KYC they still scammed people, I think that the requirements for new projects should go far beyond a KYC or anything else , there must be a very strong regulation for people to fully trust again. |
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From the list I know AXIE because I've played it and I know how its system is, however I have a Plant vs Undead account, but to be honest I don't see potential for the game, some say they are waiting for new updates, but I see that the updates they are not as relevant nor do they put something good such as the money gain as Axie had in the beginning of 2021, that everyone who played AXIE filled up with money quickly, now the truth is that I do not see that any game calls my attention to what be profitable. My hope is that this year they release NFT games based on the metaverse to see if things improve.
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my coin of choice and in my opinion this coin has very good potential, namely polygon (matic) I chose matic because this coin has a project with good goals and matic also gets a lot of support from big and famous coins, so I'm sure this coin will provide many benefits later.
It's great that you can choose a coin that has been in my thoughts since the middle of 2021, the reason why I saw potential in this coin is because I believe that in 2022 it will be the year of the metavesos and in 2021 I had the belief that 2022 would be the year for NFTs and NFT games, however hope is latent despite, also another perspective that I had about another currency is Solana, but I see both currencies like Matic and Solana with a lot of potential because if projects of the metaverses will go through the Polygon network and the Solana network. |
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Many predictions from experts that the trend in 2022 is similar to 2021, maybe a bull run can occur several times and April will be the first explosion this year, and the signs are already visible because the market has continued to grow positively these days.
What you say is very true, only a bullish run could end all the investment that is in the market, what intrigues me is that how do you say that the market can go up these days? Are you looking for some kind of privileged information? because I know that the BTC rose but then fell in price, because it could not maintain the level due to the high supply, it is something normal, for me the movement was only a test by the BTC bulls, I obviously operate when BTC rises , altcoins will be like a paradise for many and the gains can be seen at a higher level. |
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both are good choices I think both have their advantages but I personally prefer holding because I can take my profits at any time and by holding our income will be more without restrictions.
It's just the same with staking. Unless you choose to stake into a platform that does have a contract that you need to stake there for a specific period of time, you're not free to withdraw it anytime. But here's the catch, there are platforms and wallets to be specific that allows their users to stake and unstake anytime that they want and if I'll be the one to choose, I'll go with those wallets. As they say, both are great options worth reviewing and exploring, but I think that given the moment and the current situation of the market, staking of coins is usually much more profitable, because somehow the money is moving and it causes profitability. and that is what matters, that the money as time goes by does not stagnate in a single value, but that it moves, for me in these cases staking or generating passive income is one of the best decisions that can be have. Of course I respect the Hodl and everything, I think everyone can manage his money as he wants. |
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Of course, there are many choices of coins that we can buy, especially today the market is growing positively because the price of bitcoin and ETH continues to rise, some of the coins I have bought are Cardano and Shiba Inu, I hope the positive trend will continue so that I can return the money lost from December.
Each trader evaluates the current state of the market in his own way and not everyone agrees that the market has turned around. And if we are now watching a correction before a further decline, then we should leave some of the stablecoins to buy altcoins at a lower price. I had heard before of leaving all stablecoins, and it is not a bad idea, especially in this market that has high volatility, however I have been thinking and that the direction of the market is focusing on metaverses, and some tokens that They have something to do with its projects, although in my opinion the currencies that will always leave profits are both BTC and ETH, since they are very safe currencies and when BTC rises, ETH rises as a good percentage of profit. For now there are coins that are highly sought after, such as Solana, Matic, supposedly for having a great possibility of development in the metaverses. |
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We've always said, that the hype caused by shitcoins is bigger, the rest there is no movement whatsoever, then people make wild assumptions about this problem, and in the end all that gets is left by the developers, metavers are much clearer for future development than shitcoins. Believe it or not, relying solely on hype in travel isn't going to work as well.
Well. i agree with some points from you, this offer (metaverse) will be the same as only going to be "hype" which then more projects that say they will develop a "metaverse" game, but then the game is abandoned. We've seen several existing metaverse projects, maybe the ones that really catch our attention are Decentraland, Sanbox, most of the rest they are just imagination. The metaverse is only in the whitepaper of a project that doesn't go according to plan, if it's like this, may shitcoins memes that can survive without the lure of a metaverse are much better. Whether it's metaverse, shitcoin, whatever meme, it's okay to depend on the hype, but you have to have good money management. Caution is much better than just playing. The current metaverse game has quite a good system, but to make the metaverse game as interesting as a traditional game, it may take longer than the current 2D metaverse game. Yes, the games show promise, some are thinking about NFT games based on the metaverse, and they have a very good vision, what seems to be that when we talk about NFT and games, it is already clear that many people are going to run away from them because the games NFT in 2021 most of them turned out to be a big scam, because of this people do not like to lose money, and many investors invested up to $15k where they did not even manage to extract their investment but came out in losses, it is much more difficult to convince those people to enter games, however the metaverse is the future, there is no doubt about that, but it must be taken into account that things cannot happen in the ideal way, I still have doubts as to whether the metaverse will explode this year or in the 2023. |
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Well, I don't see the future of MANA as bad, a couple of months ago it was expected that the price would rise to at least 3USD, it has already exceeded this threshold, now if we take a look at it, it is likely that it will quickly reach 5usd, therefore in some time later, speaking of about 5 or 6 months if the BTC rises in price, it is not bad to think that it can jump to 9usd or even 10usd, and if the metaverses begin to develop in the polygon network we could expect a bullish jump for the currency, because there would be talk of much more community entering and this represents a great demand for the currency.
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