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Fiat currency and cryptocurrency are different. You only see the same function of the two. Compared with cryptocurrency, it is even more advantageous. It is only in a shorter period of time. But you ignore that the legal currency is managed and controlled by the government. Currency is not good. This alone determines that cryptocurrency cannot replace legal tender in the short term.
In long term though it can be possible. Cryptocurrency legalization is a matter of time, you can already see the difference compared to early 2020 |
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You still think that your data is save on Centralized exchanges? Think again, today australian crypto exchange accidentally expose users information, over 270,000 customers data is exposed, what kinda mistake is this anyways?
I mean, yeah it can happen with practically any centralized service out there, not only crypto related. Thats why one wants to use decentralized services and prefer it in every possible way. |
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lets say usa dollar and all currencies will be highly devalued .....then how we know the btc value??
most traders use USDT so if something happens with usa dollar is my USDT Will be worthless over night?
Yeah, pretty much. But I'd rather be scared of USDT going down than the USD itself. I'm more interested in why btc is skyrocketing while all stocks, alts and etc are going down. That is the question of value |
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There are so many hype around Ethereum 2.0 anmd thet eam can not afford to mess up, if they failed to deliver any significant improvements compared to what we already have in the space then I can see Ethereum losing its grip on the market, now there are some good projects all they need to do is to incentives developers to build on their platform
I don't think they're going to lose a lot if they won't live up to users expectations. However, if they won't upset anyone or even impress most of crypto community - they'll be rewarded hugely. Anyway, we all can feel the pressure on ethereum's shoulders, but chances are Vitalik will only release eth2.0 when its good and ready |
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I would like to have your opinions Coinmarketcap: https://coinmarketcap.com/en/currencies/polkadot-new/Website: https://polkadot.network/Polkadot How does this crypto coming out of nowhere appear in 7th position even though it was in 5th or 6th position when it is currently going down? it's a Pump and dump. Or is it a crypto that will one day be reliable with a good future  is it a standalone crypto that has not been launched on ethereum? It looks more like a EOS project and its history started quite similar. I bet there was a private presentation among whale investors and they agreed on buying out a lot of DOT coins. And imagine knowing that good project will start in X days/weeks before anyone, buying coins for $1-$2 and now its above $4 so at least 200% profit for those investors and we can see they're not cashing out just yet. |
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Regret occurs when we make mistakes or are too hasty in making decisions. Mistakes in making decisions can happen to anyone, but learning from mistakes is the beginning of the process to success.
Investing in cryptocurrency is not as easy as we imagine, there are many things that must be considered to avoid the risk of loss. Make mistakes as the most valuable lessons, so you don't regret it in the future.
Sure you're right. If you've made a decision that turned out to be a bad one - you can track your mistake and learn from it. If you're doing fomo decisions that is not going to be good for you in long term even if you get profit now |
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for sure there are a lot of worthless tokens, but there are a handful of useful ones that deserve attention, investments and the growth that recently happened.
I see this defi madness as an opportunity for worthy projects to rise and shine, and as it was in 2017 most of the others will fall over time
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It's been a long time coming but it looks like they're finally here. Crypto taxes in South Korea. Took them long enough. Honestly they don't look that bad. it's better than the capital gains threat that was being thrown around for a while. 20% on gains, minimum threshold is $2k/year, filed under income tax, starting October 2021. https://thenews.asia/korean-crypto-tax-amendment-sent-for-review/20% is a fair game imo, but only if its an only taxation I mean without any additional taxes whatsoever. If thats the case - I am glad that there is at least one country with adequate legal status of crypto |
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Hi guys I believe that the recent movement by Ethereum is good , because it shows the strength even though the 2.0 launch was delayed. If you missed out on buying when it was $133 ( in Jan ) its not too late - its still a great investment in my view. Obviously there will be other altcoins that COULD have a much bigger return from now , but also with much higher risk. I made a more detailed video of my thoughts here : https://youtu.be/gencUwUpwrMThe longer view you have for cryptos like Ethereum, you will always look to the opportunity that it brings in the future and not with the current prices. Investors think that it's too late to invest on it if they see the price are already high. They will not consider buying it if it's at the peak because they learned from the past mistake that they did just like in 2017. You're quite right with it. Even tho I am not a full-time investor so I am amateur, but still I won't invest in eth more because it makes very little sense to me. Its better to buy on the dip when everyone else afraid to do so. But at the moment you should only buy if you believe that eth won't ever fall below $220 and its price is only going to grow over the years (which I highly doubt). |
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Personally, I am using CryptoCard from Crypto.com, why I would use a card that only allows you to switch between crypto and FIAT when I can use a card that gives me money back from every transaction, where I can earn money while I am staking my coins? This makes Crypto.com cards so valuable because they are not just like others.
Afaik binance requires less personal data to give a card than crypto com. So I am as binance user less worried about selling my data/hacks and etc. Apart from that I think you're right, crypto com card is rather better than binance card |
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I'd say there will be no second bitcoin, it won't be as easy as it was - now we got extremely wide choice
I say we gotta invest in several coins to gain chances of profit
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That is very important to realize that root phones are not to be trusted, you never know who has access to your phone, but also there are some apps that require to be launched in the background and these apps also can watch your activities.
OP has a better point here, with root access those apps will work undetectable, not just in the background, they will be able to monitor everything you have in your phone, contact, videos, bank details etc, I hope people will listen to this very important advice I'd widen the op's advice to - pay attention to how you root your device and what apps do you install on it pay 2x attention before installing any crypto wallet app on it and especially fill in your seed |
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life without a bank, I am sure it is impossible, the Bank is at the center of the velocity of money, modern humans are now dependent on the bank, the payroll system is currently 85% through the Bank
It has been discussed repeatedly that to apply cryptocurrency as payment is still impossible to be evenly distributed, the spread of the internet network is still not evenly distributed throughout the world
Totally agree. At this point we do rely on bank system so much that cryptos do have tho only logical way - to build its system upon existing one. And I do believe there is a chance that crypto will become main payment option in next decade, but thats a whole another story |
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Cool tool for using. A few tips:
- Make search function instead of super big scrollable list.
- When comparing relative new coins it gives an inf % result in the ‘if u invested two years ago’ section.
- increase website speed, maybe because u have slow chart generation?
these are the most important ones from whole thread honestly also you could make a bit design to make the site look less white and empty (that one only matters if you are willing to attract bigger audience) |
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Perhaps most of the ethereum developer team is working on tokens and other applications to the main product (maybe ethereum 2.0 is not the main product anyway)
So they know it is important, but I assume there are way more vital things to do they have so gotta delay that 2.0 for a bit more
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The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
at this moment there are plenty of room to sell your holdings. when big dump will happen you better cash out all of your crypto and then rebuy when btc has fallen down enough (enough for your preferences of course) |
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Airdrop is considerable a time wasting over a hundred of airdrops you participated? Maybe 1 or 5 airdrops are guaranteed for you to pay. Airdrop payments are ranging $1 - $5 also so and this is not a good way to earn crypto currency or Bitcoin.
for people who can't spend their time more efficiently this might be not the worst thing to do honestly but I prefer not to do them since I can own much more with same amount of time and I don't feel like I support any good projects with my participation |
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I do not think revolution would help, the most disturbing thing about all these is the thinking of some youth, may be this is as a result of what they have been taught in school, people do not think for themselves again, believing government must do everything and solve every problem for them. I believe the world we are now is for I, myself and me.
I agree - revolution won't help and probably will never be a help anytime. At the lowest point ( I mean right now and/or later) we as people should unite together and help each other if govs remains useless. When we come out of this storm - then we should think whether switch govs or not |
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its not difficult to decided which best cryptocurrency that worth to buy today, moreover there are big discount now after market plumped. pick on top 20 and add some outside will give us best opportunity to earn profits. maybe at this moment LINK , ADA , BNB be one of them that be obligation in our portofolio.
Can't give any better advice than that. However I'd add one thing to this - please consider sharing less than 15% of your portfolio to crypto currencies it is extremely volatile at the moment |
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Unfortunately, it won't I believe.
I Mean I highly doubt it because most of ltc holders came in 2018's crypto boo, then it fell down and after that people were just waiting for decent moment to sell it.
And they sold it right after it hit over $100 in June last year.
So now most of ltc's holders are real believers so I'd say the coin will find its sweetspot somewhere between $70 and $100 in a year I think.
And only then if the ltc devs will bring out something outstanding the coin will have a chance for stable growth
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