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Over the past few years, I have faced the emergence of a number of new crypto exchanges and, unfortunately, most of them turned out to be inoperable in the end. There may be many reasons for this, but you cannot certainly trust each new exchange. As the saying goes, everything is learned by comparison. You need to spend more time studying and testing new crypto exchanges. However, this does not mean that all new crypto exchanges are bad. No, it’s not like that. There are those who were able to prove their efficiency and now delight their traders. At the same time, I want to note that crypto exchanges with experience also periodically suffer from the appearance of a number of unpleasant problems, and this shows us that any crypto exchange cannot be 100% reliable.
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Indeed, NFTs are now tempting many to start tokenizing their stuff. This example shows that NFT is a new trend that is likely to make crypto adoption even faster and make it easier and faster to create your own crypto and smart contracts. All this contributes to the development of the crypto industry as a whole, which means that for the NFT crypto community this is an excellent opportunity to earn money.
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Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.
I believe that Bitcoin is not for everyone and only those who are looking for opportunities to earn extra money buy it. Why did I come to this conclusion? I have many acquaintances who do not want to buy BTC and not because of its high price at the moment, no, they just do not believe in BTC. Yes, they are surprised when I tell them about BTC, but they do not want to buy it, because they think that it is a waste of money. This is why many will not buy BTC and will not be able to earn additional funds. BTC is for those who believe in success and a great future. |
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If so, then this is probably very good news for Binance and its coin. Indeed, burning coins leads to a decrease in the number of coins increases demand, and with this the price can show good growth. This is probably really great news for us to buy BNB now and hold it until the next rise in the coin. I have already started buying BNB little by little, hoping for future profits.
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as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
If we talk about Binance and compare its capabilities and offers at the moment with Ethereum, then Binance undoubtedly has a number of good advantages that have already significantly improved its position in the crypto market. However, I would not say that Binance will become the second Ethereum. The fact is that one cryptocurrency cannot replace another, it can only get worse or better, but this takes time. Of course, ETH is now having problems with high fees, and this is what now makes it possible to start doubting the future of ETH, but everything may change when this problem is resolved. |
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After years of working with crypto i kind of figure it out how it moves ....
Burn your math / investing / finance and economics books if you want to invest in crypto
Crypto value and volatility is based on human psychology ...
If you understand human psychology / sociology etc you will become very very rich...
Crypto is based on trust ... Sure there are pump and dumps / scams etc ... But at the end crypto is based on trust.
So when the price goes up people trust it more,when the price goes down they trust it less.
Crypto is irational /emotional like humans .It's a indicator of or mood.
That's all to it ...the rest is just Fugazzi,
Yes, you are right, crypto prices depend on the psychological factor of people and very often this factor spills over into ordinary manipulations. Unfortunately, all the good things that were inherent in crypto are now being canceled, because we already see how a famous person can influence the course in his own words as positively and negatively. All this is alarming, because if tomorrow one of these people wants to collapse the crypto market, then he will do it without problems and many will simply lose money. Do you still think it gives crypto confidence? |
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Would you buy Tesla using your Bitcoin or you will wait to $100K?  I believe that buying Tesla with BTC is not as easy as it seems at first glance. For example, I have BTC, but there is no official Tesla dealer in my region and is unlikely to be in the near future. A number of questions arise: where and how can I buy Tesla with BTC? Who will deliver it and register it to me and how? In general, it sounds nice - "Buy Tesla for BTC", but in reality it is not realistic for many to do it. Based on this, I will choose the second option, namely, I will defend my BTC until it reaches a higher price. |
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Hi everyone! I'm new in the Crypto World, but I am absolutely obsessed with it. I want to start investing in BTC/ETH, maybe also some others like THETA, Audius and more. I am following different youtubers, twitter accounts, discord channels, to learn as much I can about crypto as I can. BUT, is not the correct time to invest? As long as I understand, we are in a bull-run right now, and many do believe that BTC and also ETH will grow. Some belive BTC will hit 100K and some also think ETH will be up to 10% of BTC total value by end of the year. - And addition to this, we might see a drop and go in a bear-market, but this seems not to be the case. I'm also looking into start long trading on buybit, I want to start small and get the hang of it and learn the system and how it works. SO, back to the actual question: is NOW a good or bad time to begin investing? Or should I wait for a heavy drop in the market, which might not come? - I am looking for a LONG term investment. THX - I hope some clever crypto minds in here can share their thoughts about my questions above  //Crypt.N00b As you yourself noted in your post, the market is now bullish, which means that cryptocurrencies will grow. Based on this, we can assume that now is a good time to invest. At the same time, if the market is bullish now, then next year it will probably be bearish, which means if you invest, then it is better to do it now and fix profit by the end of the year. But you should also be aware of the risks when investing in crypto and choose crypto assets very carefully. |
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Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?
As far as I know, Litecoin appeared before Bitcoin Cash and probably has good technical data. For me, Litecoin is important today. The fact is that earlier I used Ethereum more, but after the problem with the high price of commissions appeared in the ETH network, I started looking for an alternative and found it partially in Litecoin. At the moment, I most often use Litecoin because there are cheap transactions in its network, which gives me the opportunity to save on payments while the Litecoin price has not yet reached its previous peak, which means there is a potential for future growth. |
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Indeed, newcomers to trading are generally prone to lose, because knowledge and experience are needed to trade successfully. But I know for sure that some of the newbies do not want to learn and listen to recommendations. I have already come across such people and unfortunately saw personally how they ignore advice and recommendations and just go to trade without experience in the hope that they will just get lucky. Trading is a serious process and it must be approached with full responsibility and only then there is a chance of success.
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I can say about the BTC account based only on my experience. Yes, for me, BTC and the advent of cryptocurrencies in general made it possible to get an additional source of income and improve my life. Of course, these are not coordinated changes for the better, but to some extent they are. However, this does not mean that BTC and cryptocurrencies are being used by saviors around the world. No, this is not so, because not everyone is familiar with crypto at all. The big headlines about BTC are sometimes just dummy, I call it manipulation. You must understand that it will not work for everyone to do well, and each person must do something for their own success and solving problems. BTC and cryptocurrencies are just another tool for achieving goals and the fact that they are only used for good needs and good people. It's just that if you have problems, then certain actions are needed to solve them, and BTC and crypto may well help in this.
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Elon Musk just announced that you can now buy a Tesla with Bitcoin. He also says that they will not convert the BTC to fiat.
If this is true, then this is super news. This is probably the first major step for the adoption of BTC in the world, and now every BTC owner can buy an electric car from Tesla. This is also a signal that very soon an unpleasant event will take place in the traditional financial sphere, and it is very likely that this is primarily due to the collapse of the dollar. In any case, the news is very good for crypto and for everyone who uses and owns crypto and even more so BTC. |
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Justin sun is working hard on tron and now soon we will see NFT on tron.
Binance is also doing a trading competition that has pushed btt and trx price.
Will trx hit ots new ATH this time?
What are your predictions?
I bought TRX because I believe that the price of this coin is undervalued. Probably in this 2021 TRX, thanks to the implementation of NFT, will be able to show growth and exceed its previous maximum price. I also believe that TRX has a number of features and benefits, such as transaction speed and commission price. Against the background of Ethereum, TRX now looks very attractive for both investment and trading. |
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Recently i have done tx on uniswap. The total fees cost goes 50-80USD. noramlly compare to binance smart chain its huge.
anyway there is "Approve" and "swap" . each there are charging. why there are two things , means approve and swap,
there need to eth 2.0 or BSC needy to replacement this insane network fees... I really fedup
You're right! The story around fees on the Ethereum network is already beginning to stir and cause distrust. When I saw how much commission fees to pay on Uniswap, I wondered if Ethereum developers really think that with such commissions they will have more users? As for me, they, on the contrary, are losing ETH holders every day, and many projects are switching to other blockchains. This is all very bad for our community and would love to see this problem resolved as soon as possible. |
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