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It is worth noting that not only is it worth keeping your funds in bitcoins, but there are also many other ways in the cryptocurrency world to invest your funds and get a much higher annual percentage rate on a deposit than in a bank. As for the bank, I also do not understand the point of investing money in the bank, since the interest is low, and inflation is almost the same, if not more than the interest on the deposit itself.
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Bitcoin is traded in large volumes on a daily basis, so if someone buys or sells a large amount of Bitcoin, then the rest of the traders in the market will quickly equalize the value of Bitcoin. Also, Bitcoin is difficult to pump, as it takes billions of dollars, unlike some altcoins.
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Many times I saw similar sites in which bitcoins were distributed on behalf of Elon Musk, you just need to send bitcoins to the wallet indicated on the screen. I don’t know how you can lead to such a simple fraudulent scheme.
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Local investment experts will advise you to invest in top 10 cryptocurrencies. But I think this is extremely wrong. You need to look for the most promising projects and invest in them, rather than follow public opinion and act like everyone else. Moreover, it will not be possible to make 10x on cryptocurrencies from the top 10 list in the near future, since they are growing very slowly in price and there is no such idea behind them that would allow you to multiply your investments in such an amount.
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The indicator of mass adoption is, for example, the announcement of the owner of airbnb about the beginning of the adoption of cryptocurrencies as payment for rent, and this is not particularly significant news, but still has a positive effect on the crypto market as a whole.
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I don't think it makes sense to invest such a small amount of money in these types of cryptocurrencies. With a small balance, you should pay attention to altcoins, especially since the season of alcoins is underway. On bitcoins, it will not be possible to make at least x2 in a short time, but on altcoins it is easy.
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Then it would be better to use BUSD, there the commission is lower and the transaction speed is much higher. I don't understand why such large corporations look only towards Bitcoin and Ethereum.
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Bitcoin has a lot of disadvantages at the moment. In comparison with Binance Smart Chain, bitcoin loses absolutely in all respects, so today bitcoin is an asset for long-term investments, no more. Therefore, it is difficult to predict the future of bitcoin. Yes, the price will rise, but to what point? For if now the majority of altcoins are ahead of bitcoin, then there is no need to talk about the altcoins of the future.
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I think that this is the essence of the structure of the world system, that someone should be rich and someone poor. Without the poor, there will be no rich people, since the rich get richer at the expense of the poor.
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#PROOF OF REGISTRATION
Bitcointalk Username: vaultman
Telegram Username: @vaultman
Participated Campaigns: Signature
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##PROOF OF AUTHENTICATION##
Bitcointalk Username: vaultman
Telegram Username : @vaultman
Campaign : Translation (Russian language)
Spreadsheet # :
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Post for receiving tokens for participating in the KCH signature bounty campaign
BountyMarketCap
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I think it's worth taking a closer look at altcoins and not getting hung up on bitcoin alone, especially if the amount of money to invest is less than the cost of one bitcoin. Bitcoin will grow gradually, that is, for months you will have to wait for its price to double, while alternative cryptocurrencies can grow in price dozens of times per week, especially since there are now a large number of promising projects.
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NFT has a great idea, but at the moment NFT projects are used very stupidly. Some mediocre pictures, inscriptions and so on are for sale. In fact, at the moment NFT projects are used only for the purpose of enrichment and nothing more, and the sale of this tweet is a confirmation of this.
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At the moment, the future belongs to BSC tokens, as they have significant advantages over ERC-20 tokens, not to mention bitcoin. In the future, if they come up with an even more superior token in all respects, then everyone will use it, and the rest will fade into the background, and so on. People are looking for benefits, so projects that have them will be in demand and will be successful.
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I think that only those tokens that are backed by a worthy project will stay afloat, and the rest will disappear into oblivion. The post was written a long time ago, and now this information is no longer relevant, since many tokens have risen in price again, but again, only tokens with promising projects have grown and will grow.
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I believe that it is wrong to distribute money for free to the entire population of the country. For residents of the United States, $ 1000 will not give much benefit, and for the economy, $ 1.9 trillion is a very high cost indicator. This money could be directed to better goals, which would lead to any positive consequences.
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