I have recently send people selling videos as well, I wasn't really expecting that at all and I didn't even know videos with sound on could be turned into NFT at all, it felt like it was something I never would see but it is there right now, this is why I think it is quite nice to see NFT space growing.

Now there is a website that is selling "melody" or whatever you call it, they call it beats and that is basically the sound of the song without anyone singing it, no idea what you call that, but beats are usually used in raps and that is the musical part and I think that is a good idea, I feel like people actually do end up spending some money on that if they want to create some music, you listen to it and if you like it you buy and when you buy it that means it is yours and you can rap over it and that will be yours without any license deal at all.

Can't believe people are this easily convinced, it is really funny. Let me explain it this way, XRP was at around 20 cents, not it is at around 1.3 levels right? You think that is good, you believe it has gone from 24 cents or so to 1.28 levels in less than 3 months so you are very happy it right? Well have you looked at all other coins recently? Ethereum went from like 150 bucks to 2k+ levels, bnb went from 15-20 dollars to 480+ dollars, there are MANY different coins that made a move like that. If you still think that there is really a good thing left about XRP that means you are really a fool, I am sorry.

I have always stayed away from XRP because who would want to buy a centralized coin, and it is centralized to a silly company as well, not like BNB which is tied to Binance but I would understand people who do not use that too. At the end of the day it is risky and it wasn't that much profitable neither.

Well, sometimes you can as well ruin your life while taking risk. So, if you’re going to be taking any risk it is always best that you evaluate the risk that you’re about to take know whether you will be able to bear the consequences that follows if eventually things goes wrong.

Take for example if your going to be taking risk to invest in tokens that you don’t know a thing about it is best that you first check your pocket and understand what you can be able to invest and in case things goes wrong you will be able to bear the losses. If you’re not going to be doing this then you’re making a mistake and can lose your money in all these tokens. And also you should know what you’re investing very well. That’s important.

A lot of things have been said about Bitcoin, but this one of it being a Chinese weapon is the one I am not going to be believing , since it’s decentralized , I can’t imagine anyone or the Chinese doing anything stupid with Bitcoin, which is what I thought at first when I read this topic and of course I can remember the 51% attack and things like that, but I believe things have already changed and there have been more miners and more of competition.

But when I read the article on Yahoo, I understood that what he was saying was that Bitcoin might a tool that’s used by the Chinese to dethrone the US dollars. Well, I don’t know about that.

I do get what you’re saying, but your headline confused some people. I understand that you’re saying this based on what has been on the news about USDT. But one thing you have to know is that even with all that has been happening the USDT kept increasing in value and it sits at the fifth position on the coinmarketcap.com list with a market cap of around forty three billion dollars, and that’s huge.

Making use of USDT is not a must for anyone, yes they have been a lot of things that we see wrong these days, the Tethers are not fully backed by the USD, and we are not sure whether they are just setting any number the want the public to believe that it is 1:1 with the US dollar. There are lots of other good stable coins, and if you want to be making use of fiat, that’s also good, whatever way will work best for you.

People do not learn "not to panic" the more they panic, like let's say you have seen bitcoin go down few times and each time you panic sold all your investments and got out and then it recovered so you see that you shouldn't have panic sold your coins, that doesn't mean that next time it happens you won't panic and sell all your coins, you could do that 10 times in a row and still do that on 11th time.

I believe it is a characteristic thing, I know people who hold bitcoin when it dropped from 20k to 3k and even bought more during that period and increased their bitcoin holding, I remember someone actually buying Nano from 30+ dollars and still hold today, dude bought so much during the same period that he finally made a profit recently. So, there are people who can hold even on the first time it happens and there are people who panic sell 20+ times so it is a characteristic thing if you ask me.

I think there are some people (definitely not me) who would be willing to work even after they have enough money to retire. I never really understood the idea and why people are like that, why working seems to be the thing they want to do when they have a lot of money, obviously not for someone else and just be a hard worker, but they want to have like an office where they go to and they do some unimportant thing, not really cost them too much so it should be any business that breaks even and that is all they care about.

I do not believe that, I would rather have something that would make it my whole life is a whole vacation, if I had money I would do that. I didn't buy bitcoin at those levels but I did bought cheaper than this and I hope if I ever have enough money to retire one day I will end up not spending any of that to anything luxurious and retire and never work again.

I definitely agree with you. Because I have been watching both WRX and BNB and both are performing marvelous in recent times but unfortunately I have not invested with any of them. Actually I was planning to buy some BNB when it was trading around 0.0015 BTC but somehow I have missed it and right now it is trading above 0.007 BTC in less than 3 to 5 months of time. Definitely if they have invested, that must be changing my life somehow better.

Tokocrypto is something I am hearing for the first time. I just googled and I came to know it is an exchange of Indonesia and right now biance is migrating and the process is still going on as per coinmarketcap.

Luckily my government taxation laws are somehow different than what you have mentioned. Because I do not need to pay taxes for converting may bitcoins into altcoins but I need to pay taxes when I am converting bitcoins into my local fiats and then I'm withdrawing them into my bank account and after that also I need to pay taxes only after exceeding some level not for the each and every transactions.

This is about only for income tax but for every transaction my exchanges will be directing some fees which are including tax and I guess that tax will be paid on behalf of me to the government. So, basically I'm not worrying about taxes when I'm converting bitcoin into my local fiats until I reach some limits.

Lol it seems you haven’t learnt what these you tubers are capable of doing? A lot of them can be paid to shill a particular and then you will see them talking about altcoins season and listing altcoins that will likely be bullish and then they use that as an opportunity to push in the coins they want to shill to their followers and by the time you have seen a lot of them mention that particular coin you will be thinking that is the best coin to buy, you wouldn’t know that they were all bribed for it.

Do proper research before you talk about altcoins that are going to be pumping and alt season. If anyone is going to be telling you a coin will be pumped they better providing a proof.

Maybe the answer is a No. But there is a way I see this, there are people in my country who are cryptocurrency traders and most of them got their life changed when they started trading cryptocurrency, and since they are rich and investing in the country, I don’t know if we can say that that’s a way for cryptocurrency to contribute to the economy? Although I do know that there are lots of people who have lost money as well. It’s just like a thing of luck, and when it starts working, it is huge.

But, let’s not forget that there are now centralized exchanges, and these exchanges are becoming big businesses with offices in different location around the world and I guess that can be counted as cryptocurrency contribution to the economy of those countries where these exchanges are, because if not cryptocurrency, then there wouldn’t b such exchanges.

Sure it can be hacked and this is a question that a lot of people keeps on asking all the time because they are trying to be careful and wouldn’t want to lose their money that they have stored in their cryptocurrency. Cryptocurrency wallets can be hacked and you even run double the risk when you’re making use of a crypto wallet that is online base, that means that if the platform that is Hosting that wallet is hacked you’re going to be at the risk of losing your money in that hack.

But, I think it’s always be careful ahead and try to not to drop traces that’s going to attract hackers to you, if you’re the type that’s dropping such traces then you’re running huge risk.

People who are not storing their cryptocurrencies on exchanges are being careful, they don’t want problems that has to do with exchanges, so they feel its best that they store it in a private wallet. Sometimes exchanges can get hacked and you will lose your money if the exchange is not able to recover what was lost, that’s part of the reason a lot of people don’t want to be storing on exchanges.

Although some exchanges are doing really well in security these days. Another reason why some people will avoid exchanges like Coinbase is because they don’t want to make use of centralized exchanges that are going to be collecting their information, they want to keep it private. Then another thing is that these centralized exchanges do have bad customer support sometimes, there are problems you can run into and wouldn’t be able to get it solved. Some prefer to make use of peer to peer exchanges.

It’s been a long time when I got to know about Coinmatics, I even knew the website when it was new, although I have not used it because I am not into day trading, I am usually just into HODL, and  that’s been it for me. But I like the platform and they have really developed over the years.

I also know how it works, you choose traders to follow based on their stats and then you link your trading account (let’s say Binance) and then you can start trading by copying the experts that you’re following. I don’t know about the other websites that were mentioned on the article, but would be best that I check them out and see how they really work,, it’s good to get to know all these things, they will be really helpful.

I am well aware of dogecoin's history and its current status as well still, when billionaires are pumping it, I guess I must need to change my opinion and must need to sail along those billionaires to make some quick profits. Yeah, I guess this is what exactly happening with dogecoins right away. People are investing with it regardless of checking its basics.

Dogecoin is trading above 6.5 cents now and it may test 10 cents in short term and may ride up to 25 to 35 cents in long run. But, dogecoin's bullish mode may be depending on bitcoin's bull run. I guess when bitcoin turns bearish, most coins may start bullish and I believe dogecoins must be one of them.

Unfortunately people do not see that part of crypto that much, we are talking about something that would benefit the whole world and elevate all the wealth gap between the rich and the poor but unfortunately they do not see it. The reality of the current world we live is the fact that there is unlimited amount of money printed constantly, it never ends and it keeps getting printed which means that we are going to end up with something that will keep fiat money constantly going up and up and up in numbers.

And at the end of the day if we start using bitcoin that means that we are going to end up with something limited and that's why rich people won't be getting richer, it is limited and they would have to pay more and more and more for it and that's why wealth gap will never be getting bigger if we all started to use bitcoin. However many people do not realize this.

The difference between pandemic crisis bringing financial crisis versus a regular financial crisis like 2008 for example is the fact that pandemic made all of us stay at home and not be able to work to get it back. In 2008 everything was horrible but we at least had a chance to work and get it back, nowadays we are nowhere near those levels and we can't make a profit from it at all, it is nearly impossible to make money to recover from this, and that is what makes it so bad.

If we had a crash and everything was terrible but in the end we ended up with working to make it the money back that would be fine but right now we are all at homes and not making money at all so it was bad but it keeps getting worse and worse. In 2008 we had a huge crash, but then people went back to work and made some money back and that is why it was a lot better compared to today.

I have to say it is good that there are a lot of places that uses etheruem, that should be what is wanted from ethereum to begin with, having that and not being able to do it for cheaper prices is not an excuse. Defi platforms should be on erc20 and it should be even more, should be tens of billions of dollars more, and there should be daily movements like crazy, more than this and on top of that price should be lesser and cheaper.

You know why it is more expensive? Because the more expensive it got the more money people were willing to pay and as long as people are willing to pay that amount the price will go higher and higher, everyone pays 1 more than the previous person to get their coins faster. That cannot be done, it shouldn't be done and that is why I think erc20 will only recover when there is a limit put into how much fee will be charged.

The weird thing is, I don't know if you guys have this or not, even though I am good at investment as well, I am horrible at trading short term. Like for example buy a coin and sell it under one week, that type of stuff is not what I am good at and I fail most of the time. But when it comes to a coin that I will buy and hold maybe 1+ year? I am great at that as well. Why is it so easy to make a profit from a coin if you hold so much and why is it hard to make profit from something under a week.

I see coins that go up %500 in a week and I never made that kind of profit, I usually do a 2x from a coin in over a year and get out, I have made good amount of money from it as well but even though I have been in crypto for a very long time I haven't made x5 from any coin aside from bitcoin. I made a lot more from bitcoin since I bought very early on, but no other altcoin gave me 5x, usually 2x or if I am lucky 3x and that's with over a year of waiting.

Well, this is really nice but everyone has their own ways that they are trading cryptocurrency, not everyone would like to buy bitcoin just because Elon Musk tweeted about it, there are a lot of people who would prefer that they dig in properly and be sure that they are actions they are about to take in their trading is accurate.

But, you still have a good idea and I know you did this because a lot of us believed that Elon Musk’s tweets were part of what pushed bitcoin up. What about this time, does it still work, and has the price been moving up all this while? There are so many things that are being considered when talking about the price of bitcoin and I think you should build your bit in a way that all these things are out into consideration.