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Just as it is being predicted many top altcoin we at one point pump tremendously just like it was in 2017. So for some of the long term holder of top coin like XRP, it is a season of surprise for everyone.
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Do not put all your eggs in one basket and do not always think the price will continue to increase as it is in the current bull run. The way bitcoin can go 100% rise within a day so also the price can fall -100% in few hours. Take your profit and invest in some other promising coin. However, it seem the current bull run is being influenced by so many factors including the paypal ish and many other adoption by big companies and individual. So we might see a much longer bull runs
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There are many scam token on uniswap. recently a project called kingswap with ticker $KING have its token clone and there are many variant on Uniswap so in case you buy the fake one, you are on your own. This is the reason why it is always available to swap using the original links provided by the original project team. Many of the scam token have very low volume so you can easily know this by checking the swap history on the platform
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You are only considering one side which is the issue of government regulations and secure of your wallet but you have failed to realized that DEX have low liquidity due to less traders. Many proclaimed DEX are not totally DEX and many of them require exorbitant transaction fee which make me prefer large CEX platform that tend to be better. My experience using etherdelta is the worst I've witnessed in crypto
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Abiky this is 2020  most airdrop worth less than a dollar and hardly will you see them getting listed the term of airdrop has passed. I could remember Deeponion token, Postoken those airdrop worth more than what I have earn in bounty for the past one year. Airdropalert.com and airdrop.io are two great site that post relay of many airdrops in case you are interested. However, you might need to review them unless you want your wallet to be filled with worthless tokens |
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It is ok to diversify and you do not put your egg in one business. Real estate is a big business that requires a lot of capital. Having investment in both crypto and real estate means you have a two-way source of generating revenue. You could have taken a large number of your earnings in bitcoin especially now that the price is high and invest in real estate with it. Also, since we all know that crypto market is very volatile, it should only be considered as the secondary plan
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I suppose you mean if US want banks to blacklist legal business? I am just curious to know why they would do that. Many fintech companies developing and using both blockchain tech and cryptocurrencies if not guilty of invading tax or promoting scam do not deserve their business to be cut short. America has a large population and numerous people make use of crypto. So if that is going to happen, then it will affect everyone globally but I doubt this will even happen
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Money launderer will consider using small business to launder money rather than using crypto which might be complicated in the sense that it might take time and even risk of getting your coin seized in case you end up using fake identification which is required when you are purchasing high volume of bitcoin with fiat on centralized exchanges. Many launderers in my countries are politicians that steal public funds and most time it is through businesses they get dirty job done
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they might be similar but not the same IPO are not being run by faceless people. Most of the ICO are being run by people you do not know their identity which make it hard for investors to make contributions. In 2017, people invest more on ICO without even know some of the team behind the project because the thought of getting scammed is not so rampant but long after, ICO are being hijacked by criminals. Also, in the past, we have seen project with not properly developed whitepaper raising alot of money and end up delivering well but today ICO Scammers will go as far as getting a well planned and neatly written whitepaper. If Ethereum is to launch an ICO again today, I am very confidence that alot of people will invest because they know who is behind the project irrespective of novelty of the project. At least if the project is not successful, they can get back their money
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If you understand how long the fiat currency that these rich men have been using to invest compare to crypto you will not necessarily ask this question. This is because in a diverse world rich people make hale while the sunshine. Many of them might consider crypto as an alternative means of investment as time passed by when crypto is generally accepted worldwide because that is what matters. Some rich men that invest in financial institutions are already making use of crypto
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I think I read they are an investment company which means people invested their bitcoin with them. So does that translate to them owing that amount of bitcoin? it is like saying a particular bank has so much amount of money when all they have been doing is keeping so people money. If they hold such an amount of bitcoin then it means they must have somewhere the money they are pumping into bitcoin is coming from. The company has been trending recently because of the news
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I don't know about the others, but people around me mostly hodl all their btc and they didn't sell during bear market. All this patience is finally paying off. I always planned that once btc reaches 20k that i will sell at least half, but now i am not so sure since end of 2021 might be like end of 2017 and then even $100,009 is possible.
So in the end i will probably just go on with hodl.
People around you must be rich and have alternative sources of generating income because if you solely rely on the investment made on bitcoin, there is no way you will not sell part of the coin even though it is trading below the price they were bought. Anyone that bought when the price reached the peak will be poised now maybe to wait or sell the bitcoin. Waiting for more than 2 years for me is a sacrifice that deserves an accolade |
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With all due respect, whoever invested in that project is probably going to be a new investor who knows little or nothing about crypto. A lot of such projects came out after the success of YFI and they joined the hype by launching scam defi project. YearN Global is one of them. The site was poorly developed and many links remain unclickable. The scammer could not have a standard website and yet people go-ahead to invest. It is very shameful
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The post clearly stated the disadvantages of bitcoin and I can see a lot of folks still defending bitcoin . I know it is hard to accept that what you like have some bad side but it is nothing unusual even fiat currency had disadvantages such as; fragility, inflation, and changes in public confidence so also bitcoin has disadvantages such as volatility, high transaction fee, false anonymity and difficulty in general acceptability in lieu of a legal tender etc. |
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I guess they must had heard the news about paypal integrating crypto so I am very sure they must have one way the other consider the use of bitcoin as a payment processor in the past but they must have also consider the volatility and other cons. Amazon is an e-commerce company while paypal is online payment platform so they are into entirely different business. They might consider accepting bitcoin indirectly through another payment gateway and might not be directly integrated on their platform
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Crypto is for folks who are in it for a long term and that is the reason why people are always encouraged to invest in top crypto. However, if you are part of the person that buy bitcoin around 20k that year and you saw your portfolio drop down to 3.2k per bitcoin, you will also feel devastated and you wanna quite. What do you think will be in mind of that guy to bought pizza with huge amount of bitcoin that year. I guess any day he sees bitcoin trending and check the price, I will always feel sad for the mistake he had done. That is irony about life.
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I doubt the last sentence that says there are still many good projects coming in. There are actually a few novel projects out there. Many of them become dead even before they are listed. The truth is that the underlying blockchain technology is what is seen as a massive usage in implementation and only a few will include token to function as utility within the system. Those projects that early developed are still waxing strong while new one are coping
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