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If you are a long-term investor, you can buy Bitcoin at any time. As long as you buy Bitcoin every week or month continuously for several years, you will have a good average return on the next bull cycle.
I recommend you to follow the charts and buy on the dips to maximize profits.
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I agree with OP's point. Communism was not to blame for Venezuela's downfall, and the country was only just turning to communism.
Their economy collapsed because they did not control the black market currency rate. That is the cause of the collapse of the national currency.
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Scam projects still happen. They are short-lived or long-lived. There are many reasons to conclude a project is really a scam or not.
Most scam projects are initially set up to get money and disappear. Past ICO fundraising projects, DEFI projects. The source code of these projects is empty and mostly copied from other projects for DEFI.
For projects that stop halfway because they have no money left to develop the project or the CEO stole money (print more tokens to sell them, take project money and run away, ...)
A good example of a scam project is BOS coin- the project that stopped developing the source code.
Oyster-CEO of the project printed more tokens and dumped them on kucoin.
Some projects stopped in the middle, of which I don't remember the names.
For DEFI there are dozens of projects.
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Bitcoin was born to be unregulated. It is the powerful decentralization that is the soul of Bitcoin.
The government only acts as a bridge between cryptocurrencies and people. The government imposes regulations and cleans up the cryptocurrency market. That provides a better user experience and promotes the growth of cryptocurrencies.
The government has a hand in KYC and that's not very good. I love the privacy, anonymity or pseudonym in transactions like the very purpose of Bitcoin that Satoshi created.
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It is better to store BTC in an online wallet, such as COINBASE .
Even if he leaves his Bitcoin online, the possibility of loss is still possible. My friend forgot his wallet recovery keychain and he lost his money. He sent a letter to Coinbase wallet support, but they couldn't do anything because the signatures are private and confidential. Many people have lost their Bitcoin wallet password and can't find it again. The news from the above article is a wake-up call for us about managing our cryptocurrencies. Bitcoin or cryptocurrency is financial freedom, self-regulation. It is not like a traditional bank, so we need to be serious about managing our own assets. |
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Bitcoin will get more adoption in the future as people are paying more attention to Bitcoin.
There are improvements in Bitcoin technology to reduce transaction costs and network speed such as WRAP, LIGHTNING...
Currently, Bitcoin has been accepted by many large companies as a payment unit. Some countries like Cuba, El Salvador have allowed Bitcoin to be legal tender. Banks in the US have added Bitcoin to their assets under management.
Those are all positive steps and I believe Bitcoin will become more popular around the world.
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I'm thinking of two theories about the Polygon cross-chain theft of $600 million.
First, this project hacks itself to polish its name and the $600 million return event was staged by themselves.
Second, there is a hacker like 'Mr. ROBOT', he doesn't care about money. His attack is just a warning for the DEFI and crypto space.
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Agree with the view that Fantom will continue to increase the price. Currently, Fantom's capitalization is still low compared to many other blockchain projects while the ecosystem of this project has grown significantly. There are dozens of development projects on the Fantom chain.
Fantom's trading volume on exchanges is increasing. I am very optimistic about the long-term value growth of this blockchain.
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I have long since unfollowed the EOS project. The technology of this project is quite ancient and cannot be the future of blockchain. The capacity of this blockchain is already too heavy. Another thing is that the transaction speed and decentralization in EOS are not up to the mark.
The EOS team was only good at marketing to raise ICOs in the past. Very few people use EOS right now, and so will it be in the future.
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Two different cryptocurrencies and different levels of adoption.
We often use capitalization to compare but that is not very true. And one thing is for sure, Bitcoin dominates most of the market.
Ethereum allows the implementation of smart contracts in addition to being a payment unit. There are hundreds of active DAPPs on ETH. That shows that the role of ETH is very important in running its DAPPs ecosystem. That is the key to all the problems around Ethereum.
Bitcoin is a global payment unit like ETH but it is the first and only blockchain to achieve the highest decentralization today. Big companies have all invested in Bitcoin instead of ETH.
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Hype always exists, as long as it's fresh and engaging Hype always exists, as long as it's fresh and engaging We have seen Defi and the trend is NFT, NFT gaming play to earn. We will continue to see many more projects in the future being hyped. The cryptocurrency market and the stock market always have a change of the top project codes to invest in.
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Bitcointalk Username: wack slacker
Current post count: 1727
ETH wallet [Must be the same which you used at the standard website.]: 0x13496245BB31E1e61d21E7d6EFA729DEC5070fE5
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A few days ago the market was all time high. Meme coins also pumped a lot at that time. But whenever the price of Bitcoin goes down, Meme Coin goes down too much So meme coin holders wear in a big loss
Most crypto depends on the movement of Bitcoin. Memecoin too, the risk of investing in meme coins is always present and everyone sees it clearly. Investing in a trend that doesn't have the same scope as meme coins carries greater risk than other types of investments. So stop fantasizing about getting rich quickly. |
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The opportunity to get rich with meme coin is obvious but few can seize it to get rich. I have missed many crypto trends and I have no regrets. Long-term investing will be the key and a way for me to forget about my investment. The coin meme is just a short-term opportunity and it could go off at any time.
How is it obvious, and if it is so obvious why are you not doing it? Someone who says there is an "obvious" way to make money and not seize that doesn't look honest to me, if you knew, and I mean KNEW that it is obvious people can make money from it, you would not only invest, but also get as much of a loan as you can, sell everything you own and use all of that money combined into buying it, why are you not doing it? Because it is not obvious, nothing is obvious in crypto market and nothing will be, even bitcoin is not "obvious" even though it has bigger chance then all. Meme coins only go up because people share it a lot easier than other stuff, sharing litecoin on twitter and getting a hype for it is not easy, but sharing a meme coin with memes is easy and that way you can create a hype. This is why I think it is not really that obvious and people may end up losing money because of them. The obvious is those meme coin buyers either see the opportunity to get rich from it or they invest for pleasure. Those who have missed DOGE or SHIBA want a similar opportunity to get rich. Didn't they buy other animal-named meme coins like BABYSHARK, GOATCOIN, AKITA... The meme coin went viral as it had a crazy bullish history as Elon Musk tweeted about DOGE and the coin memes became trending. Don't tell me meme coins get more attention than Litecoin. That never happened, meme coins may be the trend of this year but next year they may be replaced by another trend. |
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My answer is that I would buy the house if it is the house that I have dreamed of for all my life. If my salary is compromised to cover my daily needs, I could find other ways to earn extra money to support expenses. But I would have the security of having my own home.
I have seen this example throughout my life but unfortunately in the country where I live the facilities to acquire a house are remote. You have to save money to buy it or build it little by little. It is more common for people to rent their houses because they earn a very low income.
Real estate prices can increase at any time so buying a home is also a way to invest for the future. You must own a house, a place to live for the whole family if getting married happens to you. Moving is also a way to satisfy yourself, but the fixed rental cost of 15% of total income is quite high. It doesn't provide the same long-term benefits as buying a house. |
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