Everyone should be careful when it comes to centralized exchanges. I suggest that you should not use your personal email and of course password which you use in other places.
You are right. Not your keys not your coins irrespective of precaution measures you took. It's very important we always remember that no matter how secure how centralized exchange is, they can be hack and your personal information and assets can be toy with. One can used personal email and password, it all depends on how secure you are with your account, I believe every crypto exchange has a 2FA which can be another precaution and measure for safeguarding once account.
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i never dump a coin since i dont have power to do that , but if i have power to do that, i will do neither because badd project, or i need to accumulate more coin in lower price Sometimes we make mistakes in market situations since it's a speculative assets. We don't have power over it but I still agree with OP, profit is always a profit regardless of either big or small, we should appreciate it since it's far better than been in loss. Covid-19 market collapse was one of the worse moments in cryptocurrency downfall, no one expected it which must people will not believe will happen at such time. Thus, a speculative asset will remain the same which you and I have no power over.
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Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
Its natural way of the market, just like during the ICO times when Btc was having influence on alternative coins but 8 think the correlation has really reduced over time like the previous. Check bitcoin capitalization, it's holding an estimation of 60% while altcoins dominate the rest of the market. The movement isn't really like past because majority of altcoins that were pump massively in during the alt season has been abandoned and much funds has been move into Bitcoin.
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21 million should do it
It will be impossible for any country to hold 21 million talkless of you, you must be whale of whales On a serious note, I know I can't hold upto a bitcoin, I tried my best to accumulate the Satoshi I could accumulate and sell whenever I'm in profits. Those who prefer to hold for long term are the one enjoying this bull run.
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Banks are under fear of value that cryptocurrencies provide. They just don't want to left behind and that's why they want to be cool by creating stable coins on top of existing blockchains. That is my opinion!
How creating of stable coin benefits to Banks, remember that there aren't huge associated with transactions with blockchain except if they really want to create and design such a blockchain which I don't see people buying. Cryptocurrency and bank world is just two different things even though they have some similarities, I don't like bank involvement in cryptocurrency, they will ruin many things.
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I once saw a statement where a trader said don't fall in love with the project but the moneybags is very important, the same thing applies to Bitcoin. I love bitcoin to the core, how it's revolutionizing the entire payment system but we shouldn't ignore the other part of it failure. Imagine Central Bank hold reserve as bitcoin and then due to some factors that are beyond their control, the price plunge so hard, how do you plan to tailor such problems. Bitcoin is good but not for economy as well, we need to deal with the volatility except you want central Banks to manipulate the whole system.
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We all do have regret and mistakes we do make in the past but I tried as much possible best to learn from such mistakes and move on to the next agenda. I remember buying BNB coin at $17, the price peaked to $26 with a whooping profit of $900, I refused to sell until coronavirus crash everything back to $9. I lost almost half of my investments. Let your mistakes be your next focus and motivation
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Eth with pass $1000 by 2021 and if btc rally continues. And as I've seen so far, ETH will surprise investors soon.
You sound like oracle who have seen the future. I'm very optimistic person just like you but don't you think your statement is to forward and sound so real to be true. What happens if btc fail to continue growth or probably other factors such as economic concern? I believe in bitcoin and ethereum for long term but we shouldn't forget to consider other factors when making assumptions.
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Ever since this guys came on board with Bitcoin purchase, there has been lots of pumps with Bitcoin and some few altcoins, everyone should be careful and be on watch when Bitcoin start entering in and out of crypto exchanges. I don't hope the market collapse but if it happens like the past year, the damage wouldn't be good. I wonder what will happen to the price 9f bitcoin by 2025
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If they adopt the virtual cash system i am sure that people will turn out to it because unlike banks crypto is decentralized and goverments will no longer can take fees but it will be difficult to adapt world wide because in many countries there is network and internet isues so it will be a slow prosses
The traction will be extremely slow especially in developing and underdeveloped countries. I still think the world is still far from phasing out paper money because the internet isn't readily available in some parts of the world especially in African countries and some underdeveloped western part of the the world. Bitcoin is helping some people to exchange value across different borders, so we will stick with it for now. Banks will leave for a while.
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Until now there has been no new Defi project, especially now that there has only been a hack case in the Defi project, I think this is not the time to return to investing in the Defi project, either old or new projects.
I know how frustrating this DeFi must have been as bad luck to you but I can mention some that are highly built on Strong foundation even though there is hype about them. If you take a look at oracle project, they are indeed the leader of DeFi projects as they are very essential in cryptocurrency. Project such as: are my favorite in DeFi despite their ups and down, they are good for long term.
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Everything else are not sure. The best assets to hold are: Eur and dollars in case one would disapere you have another. Best way to hold is in your wallet or in your pocket. The bitcoin crypto eth they can go up or down. The Property the price can go up and down or you might need quick cash but to sell property its not instant.... By the time you waiting for buyer the price can fall down. But the fiat currency never disapeares from your pocket!! Eur and dollars keep in your pocket in real wallet Have you seen the rate at which dollar is been printed by the fed? Holding USD or EUR wouldn't be a good thing. I will rather hold Bitcoin and Ether, but I will do so when the market has crash. There is high chance that bitcoin and cryptocurrency but don't expect a USD bill to buy the price of 2020 in 2025.
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The whole thing campaign is shady including the project and that's why I never participated in their promotional activities. The sign was there, the Bounty manager has been given red trust because the project has collected some funds in the past and abandoned the project, the team came back and rebranded the project as usual. The project was heavily pumped to $2 and then it has been been dump back to $0.4, it's a pity working for this kind of project.
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