|
Regulations bring sanity. I am quite certain that we will never have this much cryptocurrency exchanges if there are cryptocurrency regulatory bodies because so many of them would never meet up with the requirements in the first place and the available few will be very reliable. Same goes for ICOs.
|
|
|
|
|
The increasing number of new cryptocurrency exchanges established nowadays is a confirmation of the fact that cryptocurrency is a booming market. It is expected to make cryptocurrency stronger as users will have variety of options which will in turn push this exchanges to offer excellent services and up their game.
|
|
|
|
|
Bribery and corruption will rather bury any nation where it is left unchecked. My country is a very good example of this. There is corruption everywhere here. Starting from government instructions to private institutions to religion bodies. Nothing seems to be working any longer.
|
|
|
|
|
Banking is well regulated and there is no anonymity. Therefore, the level of accountability required from the players in the banking industry is high which means that financial crimes can be prevented. Cryptocurrency is not regulated and it is anonymous. This makes it easy for criminal to carryout all manner of crimes. Banking is safer.
|
|
|
|
|
Your friend does not have to wait till he has a huge amount before investing into bitcoin or any other cryptocurrencies. He can just invest the little he has wisely because by waiting, he may end up not investing at all and yet spend the little money he has on something else.
|
|
|
|
|
It is true that there are hackers everywhere but you can keep your cryptocurrencies safe by keeping them in a reputable wallets and making sure that you don't leave your cryptocurrencies on exchanges because those exchanges may be vulnerable to attack.
|
|
|
|
|
There is no regulation in place to check these exchanges. So many of them are not worth being called an exchange at all because they are too lackadaisical and not innovative. Until these exchanges sit up, innocent people will continue to suffer these day to day hacks.
|
|
|
|
|
This is no longer new but some people can still fall victim of this. There are several of these kind of scammers on virtually all cryptocurrency groups on telegram, whatsapp etc. You have to be very careful. As mush as possible, be smart not to have any kind of dealings with someone you don't know at all.
|
|
|
|
|
Thanks you for this enlightenment. We need to think twice before we even apply for any airdrop. Majority are scams and some are also a way of harvesting your informations which they can sell to a third party. That is why you often get unsolicited mails and telegram group invite. Scam everywhere now.
|
|
|
|
|
I will suggest you go for social media and bitcointalk.org signature campaign. You can also include reddit, medium and LinkedIn. You equally have to hire a bounty campaign manager who is up and doing. Don't be in a hurry. Create enough awareness before you open sales. With this done, you can be sure of success.
|
|
|
|
|
Cryptocurrency is tagged risky because nobody knows exactly what will happen to the price at any given time. If I have to make an investment of which I know the certain expected gain, then it is easy for me to invest all of have. This is not the case with cryptocurrency. Nobody knows when the price will recover.
|
|
|
|
|
So many people rushed into bitcoin investment towards the end of last year following the all time high price of Bitcoin. They failed to understand how bitcoin works but wanted to make quick money. Majority of these people are moaning now that bulk of their investments are gone. Seeing that what used to be $20000 is now worth less than $7000 can make a person moan uncontrollably.
|
|
|
|
|
I cannot agree more with you on this. Only the people who understand will know. Some countries will suddenly see the reality and realized what they have missed by not embracing cryptocurrency on time as fiat currencies will no longer be fashionable and banks will gradually extinct.
|
|
|
|
|
Not all my friends were eager to embrace cryptocurrency immediately after having the knowledge of it. I have realized that people are not willing to take any risk until they see evidence. Few friends joined immediately, some wated till they discovered that those who joined through me are doing well. Some are yet to join till date.
|
|
|
|
|
Show Posts
