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Exchanges are private run businesses with the first of goal to make profit and charging listing fee is one way for them to make profit. If they open their doors cheaply, we will see an influx of shitcoins in exchanges so to wade of most of them their fees has to be high.
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We can't talk about one and leave out the other. The beauty of crypto is decentralisation and when technologies are becoming faster and less expensive, it's expected that crypto follows same path. If mass adoption is to be thing then crypto must scale.
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Far from it but I've come to expect market losses accompanying end of the year because as many people liquidate their assets to celebrate the year. Hopefully next year will have better things in store.
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A ground breaking project backed with strong team, influencers and strong hype are all needed to successfully create a valuable altcoin without a project.
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I'm one of those who was swayed by the supposed potential of Binance coin and got burned in the process. I do wish to see it return to its previous ath in the next year.
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Stablecoins are necessary when there's uncertainty surrounding the market, traders who would want to secure their funds against any sudden downturn will be safe with stablecoins.
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The reason I that there's really no new money in crypto unlike in 2 years ago, instead funds are continually being taken from the already depleted crypto market. So there's no new demand and as such prices are suffering.
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Let's be real for once, there's no altseason, not today, not tomorrow. The highest we could see in an entire crypto boom but don't expect altcoins to reach 100 - 1000% in BTC value.
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One thing I've learnt over the years is to cut my expectations. A token is worth as much as it is in the market, not some proposed worth by the issuance of the tokens.
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What happened to Matic in the past days is just a normal occurrence in crypto, fud and then massive dump. I've witnessed tokens go literally to zero in the space of minutes.
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It's not possible. Let's not act like Ethereum is another shitcoin, before Ethereum goes to zero, crypto as a whole would also have gone to zero.
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It's easier paying bounty hunters with the native token instead of Ethereum or bitcoin. Most of these projects hardly reach their hardcap and they won't want to use part of their raised funds to pay hunters when it costs them nothing to pay them with worthless tokens.
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I use ledger for my hardware wallet and TrustWallet for my mobile wallet. I have only had good experiences with the two options.
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There are lots of information on the internet you could rely on and improve your trading, you could check out YouTube for such videos.
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It's only right for the team to burn unsold tokens that way the value of the tokens will not fall except there's a plan of future tokensale.
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It's no longer as much as it used to but people are still creating tokens. When you go through the bounty thread, you will see lots of new projects just coming up.
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Bitcoin can't survive alone but the thousands of altcoins are hurting crypto. It makes it difficult for people to fully understand and also reduces ease of use. When you talk about alipay, it is one single payment solution and not part of thousands of almost or same tech.
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I loss a lot of money believing that hodlers will reap the best. It's best knowing when to count your lose than sinking with the entirety of your funds.
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