The effects of a disaster may vary. It all depends on how much the country in which the cataclysm took place is developed industrially, technologically sically and financially. For example, Japan regularly suffers from tsunamis and other similar phenomena, and the country's economy remains at the same high level. And if the cataclysm occurs in any country of the “third world”, where corruption is above all other indicators, the consequences for the economy of this country will be the worst.
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According to statistics, about 90% of bitcoins and other top coins are kept by whales. And I think that they have a very strong influence on the market.
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I live in a corrupt, industrially undeveloped, puppet country of Eastern Europe, where the Internet is accessible to 50% of the population. But even in this country, the government is adopting laws that provide for minimal use of cash money and a gradual transition to electronic money.
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Using your mobile to access your exchanges account is a very bad idea. Especially if your 2FA device also is your mobile.. In this case you actually don't have any 2FA anymore. It would be enough to compromise your mobile phone, to get access to all of your coins on the exchanges.
Security-wise that's a disaster. Now add that to the fact that most mobile manufacturer skip from 1 up to 4 android-security patches (while showing you the most up-to-date version). This creates a lot of gateways for an malicious actor to compromise your mobile and therefore also your cryptos stored on the exchange.
I'd heavily suggest NOT to use the mobile phone (or at least not the same device as your 2FA device) for trading etc..
My device from which I access the Exchange is not my mobile phone. 2FA protection is provided via another mobile device. My rhythm of life does not allow me to trade from a stationary computer, so I have to use mobile devices. Thank you.
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Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
Trading on mobile devices is done for convenience. However, I think beyond the basic functions of placing trades and withdrawals, you may not for example have the elaborate function of being able to convert small amount of tokens to BNB In the Binance mobile application there is a function for converting the balance into BNB.
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Hello community. I recently started trading with Android on Binance, everything works simple and clear. Does anyone trade with Android on other exchanges? what exactly? share your experiences. Thank you.
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Blockchain is a tool that we need to know about, because in the future all cash transactions will be built on it. Blockchain technology is already present.
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Many have written that day trading is a very difficult way to make a profit. To do this, you need to have extensive experience, understanding of the market and the ability to quickly analyze a specific situation in the market. Do not trade within the day!
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Thanks for the links, very interesting. I agree with your opinion. Over the past few months, there have been so many positive developments in the cryptography world that this will only affect the overall indicator of the cryptography market with an upward trend.
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Now in many countries of the world the national currency against the dollar is weakening. I think against this background, in these countries, American capital will flow into the economies of these countries.
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I think that while bitcoin, etn, and other crypto currency is estimated in USD, then such regulatory and supervisory body as SEC which is in the US and is a lever of control and market manipulation.
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Ukraine, like most countries, "3 worlds" are puppet states and, accordingly, will fulfill the requirements of the countries or organizations that finance these countries.
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Greed is a character trait that progresses with the development of civilization. This is a very bad character trait that each of us must suppress in ourselves.
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September 30 will be the next consideration of the issue of taking bitcoin-ETF. How can ETF deviation affect the market? And how can the adoption of ETF affect?
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HODL is one of the strategies that makes a profit if it is used correctly. If you do not understand how to select coins for HODL then this does not mean that the strategy does not work.
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With the advent of new ways of obtaining a relatively fast profit there are also scammers who are always where the big money is poorly protected. Each investor himself affects his result. If he has poorly studied the project in which he invested, or did not take care of protecting his wallet, as a result of which he lost all or part of his money, then he will have a lesson and experience for which he paid.
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I live in the country of "3 worlds" and in this country there is still no regulation of crypto. Crypto for me is a great chance to have additional good income.
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