Exactly. This is a huge buying opportunity that can't be missed. Critics will always say otherwise either because they don't understand how crypto truly works or simply hate it. Crypto is by far the money of the future, so there's more to it than meets the eye. I'd say we've gone back to 2018 where crypto market prices fell like crazy. If you're smart enough, you'd accumulate as much coins as you can right now to sell them once the hype goes back up again.

Bitcoin is the main mover of the market, so the moment it spikes in price, will be the moment other altcoins will blossom like never before. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

Received. Thank you!

For long, decentralized stablecoins have claimed to maintain their peg backed by either collaterized assets or algorithms. It's this point in time where a so-called decentralized stablecoin named "TerraUSD" lost its peg with no point for recovery within the short term. This is not the first time a decentralized stablecoin loses its peg, as a similar situation happened with NuBits (USNBT) some time ago. Even now, another decentralized stablecoin called "Neutrino USD" (USDN) lost it's 1:1 peg with the US Dollar.

With failed promises to maintain stability, does this means decentralized stablecoins are a failed experiment? If not, why? Do you think there's still room for improvement? Your input will be greatly appreciated. Thank you very much.

Thanks for bringing this up. Here are the answers to all of your questions:


I've bought my first crypto collectible in 2017. It was a white BTCC poker chip. Physical crypto coins' constant increase in price (especially the Casascius coins), triggered me to get into the world of crypto collectibles. After I've bought my first collectible, I felt the urge to accumulate more with the hopes of turning a profit in the future. I went from buying the BTCC poker chip, to buying a Satori poker chip and so on. I now have over 97 physical crypto items I've collected over the years. None of them have been sold yet. Crazy isn't it? 


What I love about this sector is that you can always find something new and exciting made by talented people in the crypto community. I've seen many impressive collectibles ranging from art to physical crypto coins and bars.


What excites me the most about crypto collectibles is their link between the digital and analog world. They're the best of both worlds! (especially loaded physical coins, bars, and plastic/metal wallet cards).


I believe there's a lot of potential in crypto collectibles, especially those related to Bitcoin. The more popular crypto becomes, the more exposure physical crypto items will get. As BTC becomes scarce, demand for physical crypto coins will increase. I'd say physical crypto collectible are often better than NFTs (digital collectibles). But not everyone has the same tastes as me.


I think coins will have a greater interest in the future (especially loaded ones with BTC), as people seek to buy physical crypto as a sort of long-term investment (just like they do with gold bullion today). With increasing KYC measures, there will be a need to buy Bitcoin in a physical form (off-chain). And what better way than doing so by buying a loaded coin like a Lealana, Casascius, Satori, 1HODLCLUB, or BTCC Mint Poker Chip?


Don't invest into any crypto collectible just because someone else says it's "extremely rare" or "ultra rare" (usually happens on eBay). Always do your own research by asking questions on this forum and "digging" information about the coin maker/manufacturer, his/her past history and reputation, as well as, the mintage/production numbers of the crypto collectible you're willing to purchase. The "Collectibles" section of this very forum is a great place to start.


I think the crypto collectible that deserves more attention is the Squirrelbits coins by Liquidoptions. They have very limited mintage numbers, built with solid materials such as stainless steel or titanium. I have the Lucky Block set of 3 coins, and I couldn't be any happier with my purchase. Who knows if they become worth a fortune as BTC gains massive traction in the future?


A multi-currency physical crypto coin with the ability to load it with Bitcoin, Ethereum, and other altcoins at the same time. It would be like an "All-in-one" cold storage solution if you ask me.


You don't have to be rich to get started into the world of crypto collectibles. I've seen different collectibles being sold at different prices depending on their rarity, materials used, etc. Buying a new release with a low mintage/production number is a great way to turn a profit in the future. That is if you manage to snag one before they're sold out. If you start early, you'll increase your chances of becoming rich in the future.


Physical crypto collectibles will surely appreciate in USD, but not in Bitcoin. If you bought collectibles using Bitcoin, then I'd be best to sell them for Fiat (USD) to reap huge profits. You can then use the cash to buy more Bitcoin once it goes all the way down the drain. But if you just want to hoard collectibles like me without ever selling, that's fine too. As long as you don't put your life savings in collectibles, you'll have nothing to worry about.


Crypto collectibles definitely need more exposure. There are some collectibles selling on eBay, but most of them can be found here on this very forum. Collectible makers/manufacturers should ramp up their marketing/promotion efforts in order to help increase awareness. Who knows if the next bull market run will increase demand for physical crypto collectible items?

With what happened with UST lately, I'd steer clear from decentralized stablecoins as much as possible. Their inability to remain "pegged" to the USD, greatly defeats their purpose. Unless developers and the community improve the algorithms supporting the peg, people will continue to use centralized stablecoins like USDT and USDC to protect themselves from market volatility. So far, it seems that DAI is the best decentralized stablecoin in the world. But it's not immune from losing its peg sometime in the future.

At least, we have a wide variety of decentralized stablecoins to choose from. Ultimately, crypto's all about utility. As long as it works as intended, nothing else matters. Just my thoughts

Exactly. The fact that Bitcoin is decentralized, greatly minimizes its ability to be used as a global currency. Countries will be reluctant to abandon Fiat altogether in favor of Bitcoin. What will happen is that both Bitcoin and Fiat will live alongside each other for generations. One thing to remember is that Bitcoin was designed to be an alternative to Fiat (not as a replacement). I'm fine with that as long as decentralization wins in the long run. Who knows what the future holds for this exciting cryptocurrency? Just my opinion

Bitcoin's constant decline in price doesn't make it a safe-haven asset (unlike Gold). Of course, there's volatility inherent within Gold. But the yellow metal has been relatively stable over the years. Bitcoin needs more regulation and capital inflow for prices to stabilize as much as possible. Only then, it can become the safe-haven investors need to protect themselves against the negative effects of inflation.

Things would've been different if people began using Bitcoin alone as a unit of account instead of Fiat. Valuing things only on Bitcoin, would fix the problem of "de-stabilization" for good. 1 Bitcoin = 1 Bitcoin, right? But Fiat is still the dominant force in the world's economy, so it's unlikely this will happen anytime soon. As long as Bitcoin is valued against Fiat, using it as a safe-haven asset will be nothing but impossible. Just my thoughts

The Bitcoin City is a great idea, but if the bear market persists, I don't think people will be interested in spending Bitcoin there at all. The downward sentiment in price will scare away investors than all the other way around. We'll have to see how successful the Bitcoin City will be once prices bounce back to their original levels. If Bukele plays his cards right, he might be able to turn the country from a developing one to a developed one. A first great start is to build the necessary infrastructure to spur the adoption of Bitcoin within the region.

The pioneer cryptocurrency is now legal tender in El Salvador, but more needs to be done to make people use it in mass. With high demand for BTC in the country, you can bet Fiat's (USD) dominance will decline for good. It's only been one year since BTC was made legal tender in El Salvador, so this is only the beginning. Just my opinion

Panicking ourselves usually ruins everything. It's best to be calm in order to avoid making a wrong decision that you'd have to regret in the long run. In bearish markets, you shouldn't spend your crypto since quick downturns in price will leave you with less holdings than before. If you want greater purchasing power in the future, accumulating and not spending is the right thing to do.

All in all, there are good coins on the market that are at a huge discount right now. They may never become this cheap if Bitcoin reaches a new All-time-high in price within the future. Terra may be going down, but if the UST stablecoin peg is restored, you can bet LUNA will bounce back to its original price levels. At less than $0.10 per coin, I'd say it's quite a bargain. Of course, there's always a risk when investing in crypto. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

Storing the "seed phrases" in your mind is not recommended, since there's the risk of losing access to your coins if you forget the seed. This is no different than a "brain wallet", if you ask me. If you really want to be safe, then you'll have no other option but to make several copies of your keys and store them in a discreet place. Redundancy and secrecy are the keys to preserving your crypto for the long term. If you do it right, your descendants will be able to access your Bitcoin without difficulties. There are many ways to store sensitive crypto information limited to your own imagination. As long as you follow the necessary security precautions, you'll have nothing to worry about. Just my thoughts

I'm afraid SOL won't last for long if network outages persist. The inability of developers to provide a solution to the problem will make SOL go down the drain faster than you could've ever imagined. MATIC is a better option because of its focus on decentralization and censorship-resistance. It's a very underrated project simply because not many developers are working on it (aside from the lack of marketing/promotion). Solana is a different kind of blockchain with a different consensus mechanism, so people often find it a much more attractive investment than the former.

Ultimately, it comes down to which coin you'd want to invest for the long haul. As long as you do your own research before investing on a coin, you'll be on a road towards non-stop success. Who knows what the future holds for both projects? Just my opinion

I think tying stablecoins to a cryptocurrency is a bad idea. Collaterizing the stablecoin with more than one cryptocurrency is the way to go. That is if the stablecoin in question is decentralized. For centralized stablecoins, everything will depend if the issuer is backing the stablecoin itself with real world reserves. There are many centralized stablecoins that are shady because of their inability to prove their Fiat (USD) reserves. But there are some that are truly legitimate as they're regulatory-compliant.

With the launch of CBDCs, there would be no reason for centralized stablecoins to exist. That's because stablecoins will serve the exact same purpose of a CBDC. The only difference is that one will be backed by corporations (stablecoins) while the other will be backed by mainstream governments (CBDCs). As long as we have decentralized cryptocurrencies, nothing else matters. Just my thoughts

Couldn't agree more with you, mate. People seem to be missing what makes crypto better than Fiat. It's not about the market price, but rather its utility as a censorship-resistant kind of money no one can stop. Bears may've brought crypto prices down, but blockchain networks are as alive and healthy as ever. If you value things directly in crypto instead of Fiat, you'll see what I'm talking about. Remember, 1 Bitcoin = 1 Bitcoin no matter what. The same principle applies to altcoins.

I'd advise anyone to take advantage of the current situation to buy as much alts as possible. Who knows if you end up doubling or tripling your money within the next bull market run? Just my opinion

It's just an effort from governments in order to spread FUD (fear, uncertainty, doubt). After all, they don't want people using crypto on top of Fiat. I've said that many times already. You and I know that Fiat is heavily used for illegal activities (not crypto). Which criminal would want to use something as widely unpredictable and unstable as crypto itself?

Considering that most merchants and businesses accept Fiat, there's every reason to ignore crypto in the first place. I'd prefer crypto to be as distant from criminals as possible in order to get the green light from governments worldwide. It's a good thing major cryptocurrencies like Bitcoin and Ethereum are transparent by design, else they would've been completely rejected by the government by now. As long as decentralization prevails, nothing else matters. Just my thoughts

Probably so. Considering that centralized exchanges provide big taxation benefits to mainstream governments, it's unlikely they'll disappear from the face of the Earth. As long as "money talks", nothing else matters. Unfortunately, centralized exchanges will become more regulated (or strict) due to government pressure. This will bring some hurdles/obstacles crypto/Blockchain tech was meant to avoid in the first place. The more regulations imposed within centralized exchanges, the more the crypto industry will resemble traditional banking.

At least, there are decentralized solutions available. Things would've been worse if crypto was closed source and completely centralized. With an ever-growing number of decentralized exchanges and P2P trading platforms, getting access to crypto without going through KYC is a no-brainer. I'm pretty sure crypto will survive for a long time because of its resiliency. Just my thoughts

One thing for sure is that countries are gradually adopting Bitcoin as legal tender. But there's a long road ahead before we can say it'll become a world currency. Knowing that governments are reluctant to abandon the old Fiat system, I'd say this is very unlikely to happen anytime soon. Bitcoin will never be a replacement of Fiat because of the way it was designed. Decentralization goes against governments' desires to control the economy towards their favor.

Since Bitcoin serves more as an alternative than a replacement of Fiat, it's likely we'll see countries making use of both currencies (Fiat and Bitcoin) for their own benefit.  Who knows how adoption for Bitcoin will look like in the next 10 years? Just my opinion

Neither you and I will live to the point where all of the Bitcoins have been mined. By that time, it's expected Bitcoin's price relative to Fiat to be much higher than what it is right now. It'll probably be in the millions of dollars (USD), allowing miners to profit solely from network fees. That is if we base ourselves in the rules of supply and demand. Considering that Bitcoin is a deflationary cryptocurrency, it has a higher chance of reaching astronomical prices in the future than any other coin being traded on the market today.

If network fees won't be enough to sustain miners' operations, the community can simply create a new fork with a higher supply and a new block reward or modifying the existing blockchain's parameters. No one knows what will happen in the future, so we can only hope for the best. Just my thoughts

The only reason why people follow Elon Musk is because he is a wealthy person. Anything he says or does with crypto can either positively or negatively affect market prices. Remember when he criticized Bitcoin's high energy consumption? The moment he did, prices went downhill for a short period of time. Right now, he's focused on meme coins like SHIBA and DOGE simply because they're the "new kid on the block" (especially Shiba Inu). Investors pump money into these coins believing they'll get rich quick. But that's not the way it works.

Elon Musk knows the tactic of persuasion, so he uses that to his advantage in order to get what he wants. I wouldn't care about Elon Musk since Bitcoin is all about decentralization. As long as there's a strong community backing it every step of the way, nothing else matters. Just my opinion

Critics can say all they want against Bitcoin, but the facts are the facts. Bitcoin is often better than Fiat because it's a decentralized and censorship-resistant cryptocurrency no government or third party can stop. Those who're against Bitcoin are either following other naysayers opinion across social media, or simply hate Bitcoin because they're quite comfortable with the traditional banking system. Trends like NFTs and ICOs will pass by simply because they have no substance to them. They're only fueled by hype than anything else. Despite what many people have said against Bitcoin, the cryptocurrency's been standing strong after all these years (13 years to be exact). Some countries have already adopted Bitcoin as legal tender, so there's that.

I'd like to see how naysayers/critics will react after Bitcoin manages to survive for decades. I'm pretty sure they'll give up as Bitcoin proves to be too big to fail. As long as decentralization prevails, the rest doesn't matter. Just my thoughts

I seriously doubt employers are going to adopt Bitcoin, simply because it's extremely risky to use as digital cash. There's volatility everywhere, making it quite challenging to earn a fixed income by simply working for Bitcoin. With Fiat, that's not an issue due to its stability and reliability. Employers will trust Fiat more than anything else simply because it's backed by the government. Imagine what would happen if employers started paying in BTC instead of Fiat. The government will think they're evading taxes, forcing them to close their business for good.

For this and many other reasons, Bitcoin's adoption has been limited. While I'm certain it will become more popular over time, it'll never be as widely adopted as traditional Fiat currencies. I'm fine with that as long as decentralization wins at the end. Just my thoughts