Yes that's right, staking is of course better than investing, when we are staking then we have done 2 things better than investing, we can get additional income from staking, even if we are staking new coins usually get high APY or APR, of course we also must be able to ensure long-term prospects if we want to stake.
I myself see the return factor. if small yes. I undo it and it's better for me to trade short-term or long-term rather than keep our funds there and I also pay attention to the platform that I will use if everything I target meets the requirements for me staking. I think all the options provided can be used and it depends on the pattern and characteristics of each individual, some like it and some don't like to do it. |
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Financial institutions (banks) are responsible in handling financial issues, records, accounts and income of individuals, companies, churches and organizations. They respond promptly according to your demands on your accounts, they also have zero tolerance for fraud and are very security conscious, security intelligence and anti financial crime expertise but they've policies of not collecting dime from customers accounts yet banks are most wealthiest institutions on earth.
How do they make money?
* Transfer charges
This is what makes financial institutions very wealthy.
Yes. Not only in crypto there are taker and maker fees, Gold purchases also have a fee for making. So wherever we go all costs arise especially at the Bank when transferring funds to a different bank. It's all charged to customers or users. If indeed there is no cash balance, it will be debited directly to the customer's account, but of course with approval and done in front of the customer. maybe this is what makes the customer a little safe because there is confirmation from the bank. Conclusion everything has a cost associated and attached and nothing is free. |
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I see ETH to become next blessing in disguise, I remember when it was around $100 people condemned it not to go anywhere within the space of a month interval ETH shuck the price in 500% increase and today is about $1800 let's watch and see ETH will create unbreakable records, channel some useless coins you have to ETH and relax in future.
For me ETH Good Investment. Ethereum may continue to present investment opportunities. While I can't give financial advice, it's worth noting that Ethereum (ETH) has experienced significant growth and has shown potential as a leading digital currency. Like you say Its journey from being valued at $100 to reaching $1800 demonstrates the substantial returns investors are getting. |
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Is it true that there is a Binance Nigeria Limited company based in Lagos Nigeria? I read where CZ said that it's a scam organization, that they are just aware of it's existence in the country? Nigerians on here can anyone confirm if this is a fact?
It's now I am even thinking about the possibility that scammers can make this happen, a exchange company that's very popular can be run in another location where there was no services from the original exchange and make it look like it's still the same company, I have heard such stories before.
People want to extend their castigations or propaganda to Binance service, according the news I got from someone upload today as Binance took them to court their is no proper evidence to show that Binance have a fruade act, that's a castigations and they want obstruct out Binance to exist in Nigeria the way I'm seeing it. True, I think it is important here to approach the claim and look for verified evidence before drawing conclusions. Regardless of the title it should be thoroughly investigated, a credible reference source is seen as essential to accurately assess the situation. Jumping to conclusions without proper evidence can lead to misinformation and hinder an objective evaluation of a company's operations in Nigeria. |
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I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement. |
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The latest SEC lawsuit against Binance has caused a massive market crash, with BNB suffering the most, going as low as $233, the lowest it has ever been in 2023. Bitcoin has also suffered great losses, but it's not as bad as BNB, which hasn't stopped falling since the incident started and got progressively worse for altcoins when the SEC labeled 46 of them as securities to be avoided at all costs. Some of which include BNB, XRP, BUSD, MANA, and plenty of others. Personally, I believe that the condition is starting to become worrying, especially if Binance loses and there's no settlement, which would also have disastrous consequences for the market in general.
The most worrying of all is BNB, which is in freefall and its future might be doomed if no solution is found. What's your take on this? Do you think that a solution will be found to avoid any further losses, or are governments on their way of winning the war against cryptocurrencies?
The future of any cryptocurrency, including Binance Coin (BNB), is influenced by many factors. I too as a user also remain cautious and informed because I think Cryptocurrencies remain a dynamic and evolving space, and their long-term impact will be shaped by a variety of factors, including regulatory developments and market dynamics. I'm sure everything will be resolved, usually if there is action there will be a reaction. |
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Ethereum - 50%
Binance - 40%
Ripple - 40%
Interesting because all three coins are with strong fundamentals, clear use cases, and a solid development team. but developments and news must always be updated especially on BNB and XRP coins which are still in dispute with the SEC. For ETH, it's still safe and most rarely exposed to unhealthy issues. My focus In ETH. |
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Don't waste the Bear season because in the bear season the discounts for altcoins are very large, even investors or whales always accumulate during the bear season and sell it during the bullish season, so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  . Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone. Bear market season presents an opportunity to buy altcoins at a discount so no mistaking this kind of opinion from @Chainsmokers but I think this approach could appeal to those who believe in the long term potential of altcoins and are willing to take advantage of discounted pricing. TA analysis is necessary because not all altcoins have strong fundamentals or long term viability. For @Davian144 I might agree Bitcoin has become the leading cryptocurrency and often serves as a store of value during volatile market conditions. |
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What do you think of your friends to take advantage of situations like this, is it now the right time to buy a few coins?
The crypto market has experienced a drastic decline in recent days due to several things, namely the Binanace and Coinbase disputes that are still ongoing with the SEC to this day, coupled with Robinhood's decision to remove ADA, MATIC and SOl, causing the market to fall all red. answer your question above my view. If one market is missing for and there is another market that holds the same coin. yes. this is the right time to enter the market. |
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Is it true that cryptocurrencies will weaken the global financial system? That system which is managed by countries with the strongest economies with their currencies that has gained wide acceptance to be traded in financial markets all over the world.
Cryptocurrencies, like Bitcoin, have the potential to bring both benefits and challenges to the global financial system. Some people believe that cryptocurrencies could offer more inclusivity and faster cross-border transactions. However, there are concerns about their price volatility, lack of regulation, and potential risks to financial stability. It's an evolving area that requires careful consideration and monitoring. |
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In today's world, money has become a precious thing. As before, money is nothing compared to one's ability or education. Almost everything is available for money. Money has become such a key issue. We all run after money. There are people who have as much money as they can He needs more.
While it may be difficult to face the fact that money is often never enough, I think there are steps we can take to manage our finances wisely. Namely, making a budget and managing finances in a disciplined manner. By identifying unnecessary expenses and prioritizing needs, we can control our spending. So, don't let the obsession with money rule your life completely, but use money as a tool to achieve a more meaningful life and build a better future. |
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Transaction id: a71288f1dc6a9da53e56c79a16f0bb94540a1d68a618c3c793438ec80ba7ffca
Fee rate: 6.71sat/vB
I think the fee rate of 6.71sat/vB might be considered relatively low, depending on network congestion at the time of your transaction. Try the Replace-by-fee (RBF) option If your wallet supports the Replace-by-Fee feature, you can try increasing your transaction fee rate to make it more attractive to miners. This might help speed up the confirmation process. However, not all wallets or services support RBF, so check if this is an option for you. |
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We should hold Bitcoin as much as possible, in the future there will not be too many people who can own it.
I have joined since 2018, Bitcoin has given me a huge profit, so I love bitcoin too
Judging from the passage of time Bitcoin will continue to circulate in various ways such as service payments and peer-to-peer transactions. The increasing acceptance of Bitcoin as a payment option means that more people will adopt it. Moreover, some investors actively buy during market downturns and hold on for the longer term, anticipating a significant increase in price. Historical trends show that people have bought Bitcoins at various price levels, even when they looked expensive. Therefore, the belief that Bitcoin will be too expensive for most people to acquire is unfounded. |
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Hello folks,
Which of these two is safer in the face of what we are going through now? WBTC or BBTC? Is BBTC mandatory linked to Binance? That is, if there is a blockade of assets or non-parity between what it claims to have and what it actually has, can the BBTC lose the 1:1 parity?
Nothing is as secure as BTC. Since these two BTC is pegged, it all depends on the liquidity. If there is a huge sell, it will lose its 1:1 parity, we have seen that happening on stablecoins, so it is not impossible for these wrapped BTC to lose the 1:1 parity. No token wrapped in Biycoin can be considered safe, because they are all scam tokens found on centralized blockchains where they promise to have a 1:1 ratio but in reality there is no security and they could close at any moment making you lose them all your funds. If you really care stay away and hodl Bitcoin.
I do not think they are scam since it has reserved fund or liquidity to back them up. They may turn into a scam but as long as they don't defraud their holders then it is not right to call them scams. I agree with this statement that for Security BTC has indeed proven to be one of the safest cryptocurrencies because of its strong blockchain network, decentralized nature, and widespread adoption and supported by a large number of miners and nodes, making it highly resistant to attacks and manipulation and the security of Bitcoin lies on the combination of blockchain network power, decentralized nature, and widespread adoption. However, users must also take responsibility in protecting their assets by following good security practices as well. |
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Any coin that bases on religion sentiment should be suspected.
Bless you, bro. I wish I had merit to splash on this comment of yours. Once there's a mention regarding religiosity in any project's blueprint, that's a no-no for me. This investment principle of mine was what saved me from getting fleeced by the scam called Zugacoin when it debuted. The coin having the name of Islam will tend to attract Islamic investors to it and there is a large population of Islam's in the world.
Isn't cryptocurrency haram to Muslims anymore? I used to read the back and forth debates on why Muslims shouldn't invest in cryptos back then when I came into this industry that it was akin to gambling. if I'm not mistaken the world of money market is dedicated to everyone. perhaps, the general reason why it is used may be because of seeing cryptocurrency Technology and Innovation as a technological advance that can have a positive impact on society, such as providing financial inclusion and efficiency. on the other hand as one of Investment and Economic Growth where investing in cryptocurrencies can be seen as a legitimate form of investment and a means to participate in the growing digital economy. if you go deeper, you have to consult with a special financial expert who understands and really understands this. |
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if someone who is not used to it, makes a mistake, or forgets to set leverage when opening a long or short position, the consequences can be fatal. When a trader uses leverage, they will be given a set liquidation limit. This liquidation limit is the specific price at which a trader's position will be automatically closed so that larger losses can be avoided.
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I think that by engaging with the community here, we can gain insight, learn from others' experiences, and stay abreast of the latest trends and strategies. Remember, learning should be an ongoing process, and embracing opportunities to expand your investment knowledge will bring you closer to achieving your goals. So, keep an open mind, participate actively, and never stop learning. The world of Bitcoin and investing is full of opportunities, and by staying engaged and dedicated to your growth, you can increase your chances of achieving the goals you have set for yourself.
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2- Your bitcoin address can only be be compromised if you share your personal details or private key along with sharing the address. To access a Bitcoin address you don't have to know both public and private key, just a private key. Yes. The public key is used to receive funds to your Bitcoin address, while the private key is needed to unlock access and control the funds held at that address. These two keys are a related pair and cannot be ignored if you wish to securely access and control Bitcoin addresses. Important keep your private key secret and not share it with anyone to protect the security of we crypto assets. |
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