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If Vitalik leaves ETH, there would be a temporary investor/market panic. However, projects will still go on and whatever that is happening now in the ETH platform will still be ongoing. So yes, I would still invest in ETH.
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In terms of prices of ETH and BTC, I would say it is very difficult for ETH to surpass BTC in the near future due to the perceived value of BTC and also the price difference between ETH and BTC.
In 10 years time, I would say ETH might overtake BTC due to the current usages of ETH (blockchain projects and etc.)
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Many people who are struggling with mental health are not able to express themselves. I for one struggle with anxiety and was under depression. People do not understand and some of them don't even try to understand what people under depression are going through.
I've always gotten comments such as, "young people nowadays are not able to handle stress", "it is a small matter, why are you so stressed up". Sometimes, I feel trapped and that I cannot tell people about my mental health as I would get scrutinized. It is important that society be more accepting and understanding about mental health. Mental health IS a thing!!
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Hey guys, I have been struggling to find a trusted wallet that is usable in my country. Many reputable wallets are not available. Can anyone recommend a wallet that is usable in Malaysia for crypto transfers/withdrawal etc.
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Prices rise and fall, most important thing is the inherent value of the crypto. A crypto with solid background and good projects, the fall in prices could be a market correction or even panic selling by some investors. With good fundamentals, a drop in price now doesn’t affect the value in the long run.
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I use ETH mainly for investment purposes and playing games. I would like to learn how to build dapps on ETH too.
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I agree that we shouldn’t give up whenever the time is tough. Most importantly, we need to learn from our mistakes. Without mistakes we won’t be able to grow. Embrace it and get the best out of it. All the best to all crypto investors!
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I have many friends who are crypto traders, they are all doing well. In every investment, there would be ups and downs. Sometimes you lose money, and sometimes you make money. In terms of "many" going bankrupt, I am not too sure about that.  |
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Work a full time job and trade at the same time. At least if you lose money on the crypto market, your full time job would be able to provide basic necessities. After all, to get rich, you would need multiple stream of incomes. The more the better, don’t put all your eggs in a basket.
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Experience is important, but so is the knowledge of the fundamentals of crypto and blockchain. Understand how crypto and blockchain works so that you can evaluate a project or the market before investing. In my opinion, a good investor is one who is both knowledgeable and experienced in the industry. Experience without knowledge Is insufficient to prevent falling into scams.
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One very important principle that I live by is that, if it seems to good to be true, it is too good to be true. Ensure you do your due diligence and research on the company properly. Who are the people behind the company, what are their credentials. Nowadays it is very easy to look up a person online. If there are minimal to no information of the company or the people behind it, you’re better off taking your money elsewhere.
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As for how I assess a particular currency or market, I like to look at things in detail first then slowly move to a bigger perspective. First of all we'd need to understand what are the unique points of each crypto. How scalable are these points and what is the short/long term potential. After that, we see how these points/potential can work to it favor in the market. It is very difficult to predict a market since there are many factors that could affect market performance. Hence, the best we can do is to read more and equip ourselves with more knowledge about cryptocurrencies. The best we can do is to make calculated risks instead of jumping onto the crypto bandwagon heads on without prior research or knowledge.  |
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For those who are enjoying their riches from crypto these days, they are mostly early adopters/investors of cryptos. When the hype wasn't so big and when cryptos were still relatively new and unknown. These days, people are flocking to cryptos as if it is a gold mine. No doubt, there are still people who are able to earn big money from cryptos. Before investing, people should get a better understand about how crypto and the market works, it is basic investing principles. Otherwise, crypto investments would just be another gamble. Also another advise, if you don't know much about cryptos and still insists on trading/investing, you should be willing to lose all the money that you have invested in crypto. Not saying that you will definitely lose all of it, but if you go in with that mindset, if all else fails, you would still be fine. Many people go into crypto trading with majority of their savings, when things go south, these people end up with no money. Only invest what you are willing and can lose! Just my 2 cents  |
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For my country, there hasn't been an outright ban on cryptos. There have been announcements or notices posted by the federal bank to beware of cryptos and that it is unregulated so if anything goes wrong, you are on your own. The people in the country, many of them think of cryptos and blockchain as scams. Everytime people hear of cryptos or blockchain, they doubt and are very wary about what you have to say or offer. Many people here still prefer to use cash/credit cards instead of paywave or online transfer. I think it would take some time for my country to accept crypto and the wonders of blockchain. The people should be better educated about cryptos and blockchain to change their perspective. In short, my country and cryptos go like this : cryptos = blockchain = scam |
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Crypto has a relatively low barrier of entry in terms of investment. Anyone with a wallet and some funds can start investing/trading cryptos. Whether it is a danger or opportunity, it all depends on the market and the currency that the person invests in. As of now, many people are rushing to grab a piece of the pie as many early crypto adopters have earned millions. This could create a fake hype, which in turn would make crypto dangerous to invest in. This logic applies to our regular stock markets as well. For any investments, we need to understand the logic behind every investment we make. Why are we investing in this currency? What is the short term/long term potential. There is no way you are able to get a 100% answer for investing, just make sure to count your odds and invest accordingly!  |
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I think one of the many reasons Ethereum's price is declining recently might be due to fake ICO projects and scams? I personally would go for Ethereum due to the decentralized aspect of it. Like many said, decentralized technology is the way forward. Many companies are trying to get involved in blockchain projects to improve process efficiency.
As for Ripple, it is a lot more affordable in terms of investment compared to Ethereum at this moment. But in the long run, I believe in the potential of Ethereum.
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Like what many people mentioned, some Telegram groups have more than 50k members, but when you look at the activities in the group, they are mostly advertisements and unproductive discussions. It is not easy to find a Telegram group that has full engagement and involvement of their members. I think that it is important that ICO Telegram groups have the engagement of the members. Just to put it out there, does anybody know of any ICO Telegram groups that are active in terms of project discussions or very high involvement of the members? |
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Hey guys! I am new in the forum and have recently discovered the wonders of dapps. Do you know of any good and reputable Dapp marketplace around? Or any fun decentralized games |
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