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In recent years crypto is expanding and gaining popularity but banks are not ready to use these digital assets , assuming that it will bring risks .The main point is that crypto is volatile due to which banks sees this as a risk as the price is not stable sometimes and they also believe that this is not a stable investment .Moreover these banks make money over transactions but bitcoin does not need a third part for any transactions .Another main reason is decentralization .The decentralization removes the centralized authorities making the transactions fore flexible.
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I don’t think it’s a scam , but it’s a risky investment as compared to stocks, bonds and funds. But there is a drawback , since this does not have any tracking details it becomes a perfect way for the scammer to take your money without no trace and unfortunately we cannot stop the transaction since it does not involve any third party .
Basically Bitcoin has become one of the best assets over the last decade and it will give a huge returns in the coming years .
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To put it simple I would say bitcoin is a digital money that allows us to do online secure transactions without any third party interferences and it was also the first decentralized crypto in the world .People globally can use bitcoin from anywhere. The main part is the value of Bitcoin continues to increase year by year unlike any other stocks .I like Bitcoin because if there is any transaction done there is no transaction costs unlike other stocks . It can be kept as a future asset as well.
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ethereum biggest contender is binance coin.. bnb has a big potential as well as those in the top 10 list.. but the thing about this ethereum even though there are a lot of coins out there it seems that eth is so popular..
Yes I do consider binance over other coins because binance coin also having use case as it use as a internal currency got the biggest exchange in crypto space it’s used for trading fees . Also it’s having its own blockchain or smart chain which provided to create multiple blockchsin based project . But we can’t simply ignore Cardano it may be the future of smart contract if ethereum 2.0 fails . |
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Justin sun is the best marketing person in crypto space he create all the hype in past also we seen he introduced all the possible things for marketing for each eventf even for the baidu cloud platform use he created huge hype , Now another hype tron from beginning hype coin with the greatest marketing team lead by greatest marketing person in crypto space.
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Ethereum is better for transaction not only because of time and block confirmation the main readon I am considering ethereum is for transaction is that fees whole comparing by converting to fiat currency transaction fees is cheaper in ethereum . May in future if ethereum price increases then it may increase now ethereum is better for me crypto currency transaction.
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It all about passion blockchain developer is not easy job . Being a developer now a days free lancing projects not paying much . Second creating wallet is some how better compare to first one . Third completely required dedication it is what actual bounty hunters . Even apple , google , Facebook are giving bounty for big finders in blockchain projects we cannot find big revenue
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I don’t see it’s a big accuse some how the platform also needs to generate revenue . Brave is one of the best private browser also it is one of the recognised project in crypto space . If they don’t generate revenue from other resource finally it end upto selling to big companies then it will Be no more open source .
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I am no more going to believe any of these bitcoin halving or forked coin either it may bch or bch forked coins all are just greed coins . Before btg bitcoin gold happened it reached 100$ then I bought that now it’s price again less than 10$ . So better invest on ethereum instead of waiting for bitcoin diamond
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I have promoted some projects for several months and return I got nothing . Some worked for couple of weeks got decent return as you said its about the quality of project and also the team behind the project also how furious they are marketing and listing in exchanges that matters s lot.
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Trading requires having a solid guidlines and discipline. One of the hardest thing to overcome in trading is emotions because it mostly lead to many losses. This is a bigger problem than trade going against you. An important thing is to only trade with what you can afford to lose, accept that trading is not getting a quick rich scheme. When you deposit money on an exchange, you accept losing it all but also you’ll do your best for it not to happen knowing how much it will take for you to get that money. Fix your risk per trade percentage and don't go all in a trade with your full capital. Do not be pushed to increase your trade stake when you are in profit to maximize it or recover your losses. This is the emotion that you should curb to make it in trading.
I completely agree based on emotion I kept lots of token or coins without sellers my got long time now it’s value is nothing best example is dimcoin it’s vslue is literally nothingn also disappeared from the exchanges . Even some other coss , camp , dropil all of these had working platform and active team . These coins or token became nothing all of sudden one day . Do emotion as well as trust doesn’t work in trading . |
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What are you actually telling about flagship . There is lots of altcoin are giving different solutions but currently I am finding some of the smart contract creation platforms and exchange coins or token will survive for longer term others will disappear soon . So op thread doesn’t clarify anything related to altcoin.
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I was using Dex exchange when Idex launched but then after they started limiting minimum trade for takers and Sellers . It is not good as etherdelta as it used to be in past . I dint find similar decentrelized exchange . Even forkdelta also not upto mark . Switcheo is good where we can trade multiple smart contraccts Ethereum , Neo and others . I like that . I used for some time.
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I came back bounty hunting only the reason of Bountydetective and some similar community . These managers were doing fairly good job . But KingCasino is really upset for me also . Glad i dint participate in that Airdrop also . As you said managers will do some more research in future to keep back the trust in community.
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Yes i completely agree with your point as i was working in bounty and other crypto related projects from 2018 more than 99% of projects were scam . their intention is to take investors money and run away most of the investors invested their money for gettign real quick profit because the buzz created by the ICO . Here marketing and telling lies and convenience the people . It is how crypto new projects are working . But still not sure why investors are investing on ICO or IEO or any similar . Already failure rate is 99.9% .
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Ethplorer as you said checking asset in the wallet . Ethersscan i am using to check the transaction hash or tranasaction status . Yes some time we find value for coins in etherscan but ethplorer doesnt have . But coingecko is the place we can find the actual value of or dust or depreciated coin value some of the old coins which was not showing in coinmarketcap , ethplorer , Etherscan but i could able to find it in coingecko and sold it .
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As we know ethereum 2.0 Testnet will be launching 29 June today . I was searching progress about the testnet launch . I was waiting for this from long time . Last time i had lots of expectation after audit some thing went wrong . Now i am feeling that it will be succeeded . I hold some of ethereum . I was just excited to check the status . Also would love to see the status ( If success or failure ) in this thread .
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From 2018 i am listening the same in the fear of that i didnt convert my holding to Tether because of Taxation problem i dint convert into fiat currency . Finally i lost most of my holdings but there is other alternative for stable currency Binance USD , DAI . Even more but still i am converting my holding in USDT as if now it is the best option.
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It is good concept but there is exchange like Kucoin and Binance even other platform giving option of lending most of the coins . I kept some of ethereum in Kucoin getting nice interest not much but fairly good . As i dont have intention of selling . As well as cardano ( ADA) i kept it in binance in saving and also i am earning some interest . IBecause we are holding this coin for future also giving some returns by holding this coins .
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