I would not say, it is definitely better, it is just different. Bitcoin is still the only true cryptocurrency for a lot of people, the one with real value, the original. But see greater growth potential in some alts, and for that, it can be a good idea to invest.
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I see the future, when thinking about cryptocurrencies, a good alternative to FIAT moneys. Imagine a world without cash, and centralised institutions, this is the way we are heading, hope nothing is going to stop us to achieve.
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No one called me yet with this nonsense, but I think I would just hang up the phone, if it happened. Crazy how inventive scammers are, what if the used their skills for something good…
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It is your responsibility to make sure, someone will have access to your crypto, if something happened to you. Probably it is better to give the info to someone trusted, and knowledge of cryptos, than to the ones, you actualy would want to give, but have no idea what to do with it.
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I totaly disagree, Bitcoin has still place to grow, especialy now that it is still far from the all time high. Fools maybe the ones, who get out now
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I neither see it as a serious problem, pure speculation. As far as I know, most criminals are funded by cash, not Bitcoin.
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Yes, this is still the situation, in most of the time. Probably will change in a couple of years, and there are always some of course, moving solely for a period of time, but generaly, they are moving to the same direction.
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We all know, that holding money on an exchange is not safe, but it is just so much more comfortable to do, instead of sending the money in and out the exchange. Bad habbit to keep it there for many of us I guess
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I totaly agree, when there is a big growth, everyone thinks, that is just natural. Even, we see how unique these returns are in today's world. As I see, in a long term, there is still a growing pattern, people just should not jump in to crypto in the middle of a pump, and think that they will have an easy 10X. This is often, when newbies realise later, they got in the peak, and losing a lot of money.
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I like youtube videos, it is a fun way to learn for me, Datadash, Crypto Investor, just to give you some examples. But first, I would check the top10 coins in coinmarketcap, if have not doen before.
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Probably in the end of an Alt Season Just a small piece of problem, it is hard to predict when it is going to happen. Usualy in the end of the Year however.
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It is definitely useful, helps to understand a bit more what is actualy going on. But alone, it is not enough to make good trading decisions, in my opinon, there are other factors as well, should be considered.
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I also think 2023 is too early for this situation to happen, but within a couple decades, hope there could be significant changes, and we can forget cash forever
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I don't think so If it would be possible to retrieve, the whole system would not be safe at all. Make a new wallet, guess you can make as many as you wish.
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I would consider this a risk, which may not be such a good idea. Maybe I am just a bit conservative, but for me study would defenitely come first.
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Bitcoin is called as the Digital gold. It may not be the best payment method yet, but as a store of value, it works just fine.
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I personaly would not take too seriously, what the banks say And the risks are definitely not higher than the benefits, IMO.
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There are some countries, which are more Bitcoin friendly, others I guess are just afraid of being out of control.
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If you have a lot to lose, than a wallet is a safer way. There were some attacks against exchanges in the past. But I know, that sometimes it is more comfortable to just keep the money in an exchange.
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For me, the Altcoins look quite cheap now, so it might be a good oppurtunity to buy some.
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