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I can agree with all the statement. Bitcoin is drive by community trust.
Now, if I may add another thing that makes crypto have value and rise the price, it is the technology. If some crypto company bringing a new disruptive technology to its project, people will start believing on those cryptos.
Look how these hype of uniswap, years ago we saw how people crazy with kyber network. The two example is bringing new technology and it's drive its value (price).
After all, crypto makes me understand something. If I want to continue making money on bitcoin (crypto in general), I have to keep learning on something new in blockchain.
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Depends on where's the country you lived in. If you live in the no-prohibited cryptocurrency trading activities, you're free to use all those exchanges that listed doge. Most people recommended binance. And they have so many trading pairs for doge.
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in past i thought it was Litecoin but i failed because of the greedy owner.
Just curious why you said this statement without a doubt. Maybe I missed something on litecoin community, but I was clearly read in 2017 Charlie said he sold all coins he have to avoid conflict of interest. Tell me please what's that greedy owner mean?
I would say Cardano to overtake Ethereum. Only if binance can't do it with that big community. |
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When we talk about choosing which usd stable coin is better to use, we are talk about regulations. Because these two stable coin are pegged to fiat dollar and it can't be mint as much as they want. Usdt have so many complaint regarding the reports and regulations. You can always check the report issuance and circulation on tether here https://wallet.tether.to/transparencyAnd for busd, you know it one of the binance product. So if you agree binance is the best exchange right now, then you should agree busd is good and safe stable coin if you use binance regularly. Unfortunately busd doesn't have wide market like usdt. |
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I got it, but there already some trustworthy Crypto lending (DeFi) platforms that access users to lend and borrow cryptocurrencies. So, what things SmartCredit (DeFi) platforms exceptional and why others get access of your platform? What advantages do you offer to the clients?
I am not the expert to compare any lending platform to smartcredit. But as per what I read in the website, I can sure you these are advantages: - Lowest collateral ratio in the industry - my favorite, crypto credit score. Which will allows us to reduce interest rate or collateral requirements. - fixed interest. No fluctuating interest rate. - fixed term loans. |
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In your opinion, can someone trading without experience or knowledge?
Yes they can. I will not call it trading. I'll call it buy and sell activity. All they need is some money to deposit and an account on exchange. Then they only need to buy what coin/token they "believe in" and just hold it until the price up , and then sell it to get some profit. As simple as that. With this repeat workflows, I believe at some point, a trader without experience and knowledge will do something to make their profits. Of course after ups and downs experience. |
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Binance are the only major exchange enforcing this fee. Just this small fee is going to bring Binance a huge profit margin. Binance has became so big that binance doesn't seem to care about the users anymore as they have a lot many. They even claimed it's getting difficult for them to answer to the support ticket.
I am sure it's only happen on binance. Other exchanges still with 0 fee withdrawal for trc20 usdt. If they did like what you said, they gonna be fail. No matter how big they are, but as a service company, customer and trust is everything. I still love how they drive the community and force them to sinks into binance ecosystem. If busd get supported by all exchanges I will never take ustd anymore. But for now, trc20 is still the queen to do transaction with usdt. I've heard someone said, moving money on the internet supposed to be free and fast. |
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SmartCredit seems to offer some innovative features to the lending market.
While I prefer to stay anonymous most of the time, I like the idea of getting a better deal with the Crypto Credit Score.
Can you or someone here explain what's the meaning of Crypto Credit Score? Is the the platform requiring kyc? Since the platform is peer-to-peer and decentralized I believe it's going to have more impression in cryptosphere. |
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So, any token that is having a good run now must be Elon Musk behind it? This is setting a wrong mindset and it's going to backfire sooner than later if not checked. I remember when it was John McAfee a few years ago until the dude messed up the GHOST project that he was hired to be a part of and promote. Well, McAfee is in prison now. Let's not even go there. I ain't saying Elon will land in the cabin for promoting any of the tokens because I haven't seen any wrong he has done by that. But investors should exercise caution following any perceived tweet or comment from him. Nobody holds the holy Grail.
True. You can just sell your house and invest the money to a coin just because someone with millions followers tweeted it. As an investor, people should have their own due diligence. Ada is a big vision project. With or without Elon musk's tweet, it's going to be big. Especially after the mary hard fork. |
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Is Elon Musk will invest in Cardano? I saw some Twitter posts that Elon will invest in Cardano(ADA). But I could not find any tweet from Elon. Is it a rumor or true? Why you need to ask this question here? If you can't find that tweet in Elon official account, then the one you saw is from a fake account. Just block all that fake accounts to prevent you from any spam or even scam. Be smart on using social media. |
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they usually "follow the money" That is the key point. No matter how much people trust in ethereum, they will always follow the profitable one. No matter how noisy the echoes of decentralization are in crypto verse, seems like people don't care anymore as long as it safe and low fee. I am one of those people. I follow the money. |
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What is the best process to conduct a research about Altcoins to invest in? Usually I use these factors before consider putting money on any coin. - who is behind the project - real product - partnership - token supply and distribution - the tech / github - clear roadmap - activity on social media etc. 2. Based on your opinion, what are the top 5 Altcoins i need to focused on and probably invest in?
Link, Dot, Ada, Ltc, Eth Note: This is not a financial advice. |
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Since the first day when bitcoin start having a value, bitcoin price is drive by trust. People trust making bitcoin have a value, and that factor also drive these volatility.
But there's some other factors also impact bitcoin volatility; halving, miners, fud, news, government, and Elon.
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Where is the team? I see no information about team at the OP nor the website. It's vital.
Honestly I don't understand the token function here. If it only use for transaction inside platform, well we already have bunch of coins to do a fast transaction with low fee. Because using erc20 token is not worth it due to high gas fee of eth.
So, what are the "best" of your ico?
This is not the place where you can post this kind of information. Move it the right place, please.
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