The fact that Trust Wallet guarantees compensation for losses that arose as a result of hacking due to vulnerability is a positive signal for the entire cryptocurrency market. Thus, Trust Wallet is trying to preserve its community, which would inevitably decrease if there was no declaration on compensation for damage.
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I think that with the introduction of CBDC many banks will disappear, only large state banks will be left to regulate all citizens money, as is already practiced in China. If cryptocurrencies prevent this, governments will try to ban it, as China has tried to do again many times. So yes, banks will never go anywhere.
You must understand the difference between a planned economy, which is inherent in China, and a market economy, which is inherent in the civilized world. Accordingly, the situation described by you can only happen in countries where a dictatorship is in power.
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...Is it mean that memecoins times come back? Maybe that is new Shiba?
This just means that many still want to exploit the memecoins theme for personal enrichment. And it can be assumed that this new coin will never repeat the success of Shiba Inu. And after a while, when the owners of PepeBNB sell their coins, this coin is waiting for a dump.
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...Additionally, the current banking system functions optimally primarily in the EU and US markets. Across the globe, the situation varies significantly. It is anticipated that the EU and US may face challenges transitioning from the traditional banking system to a cryptocurrency-based system. However, for the rest of the world, where the banking sector has yet to fully develop and function efficiently, adopting cryptocurrencies could be a smoother and more straightforward transition.
I do not think that such a replacement is possible at this stage of the development of the banking sector, since crypto banks cannot fully perform the entire list of services that are inherent in traditional banks. The situation looks more real when traditional banks expand their list of services related to cryptocurrency.
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I have never bought such tokens and I am pessimistic about this. I don't and won't trust. It's my personal opinion. There is no sense and usefulness for the crypto community
It is everyone's choice whether to participate in the hype around meme coins or not. From my experience, I can say that I was lucky enough to buy Doge several times in a timely manner before Elon Musk wrote a post mentioning this coin, as a result of which I got a good profit.
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You can generate good money without investing if you know what to do. Because tokens cannot be sold to untrained investors, airdrops are likely to be a hot topic right now. This carries serious consequences, and projects cannot be stress-tested without users...
This type of earnings can be considered only if you have a permanent job in the office, since the income received from airdrop is not permanent, and you will not be able to provide for your vital needs. But you can use this type of earnings as an additional to the main type of employment in crypto.
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...I am not sure if it will get back anywhere near its all time high again but if it was to only get back to £100 that is a 20x from current price...
Most altcoins have lost about 95% in their value since the last bull market, and ICP is no exception. And I am skeptical that they will restore their value to the level of the past ATH. But if we take more modest goals, then we can assume that in the next bull market, the value of ICP will be able to increase to x20.
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correctly, you need to have patience in crypto trading, otherwise it will be very painful because a beginner and not only a beginner is trying to quickly sell altcoins earned, it harms not only himself but also others, since there are many who want to sell quickly and naturally the price falls on the coin which is being sold
You should not blame newcomers for selling coins too early when they see a small profit, and this allegedly leads to a dump. Beginners do not have so many coins that the sale could affect the price of the coin. And as experience shows, it is better to get a small profit than a big loss))
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...First suggestion, dont make yourself having that confidence on letting someone to be on your residence Second, dont let anyone knows that you are holding that $100k or more...
I see that the OP has not appeared on the forum since March 31, obviously he received recommendations that satisfied him. And I hope that he did not fall for the bait of scammers and accordingly saved his money, of course, if he himself was not a scammer.
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The optimal path is to learn from someone else, as they can protect you from making a great deal of mistakes which end up costing newbies a massive amount of money...
A beginner has to pay for his ignorance. And he faces a dilemma, either spending his money on training, or paying off each time on transactions that have brought a loss. And despite the fact that the answer is obvious here, the beginner is still trying to do self-study, since he is still confident that this way he will save his money.
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...the truth is that the project also repeats NO AIRDROP over and over again...
Indeed, the SUI team never promised airdrop, but after all, the Arbitrum team repeated the same thing many times, and nevertheless airdrop for early users was still distributed. Therefore, despite the team's assurances that SUI would not be airdrop, the testers continued to test the network and trusting that their work would be encouraged.
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...ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.
My slight worry is what happens if XRP lose.
For me, your choice of coins remains unclear, since you yourself understand that in case of a Ripple loss, the price of an XRP coin may approach zero and nevertheless you are considering it for investment. 3-4 years for investment is a long time, therefore, it is necessary to choose coins from those that after this time will not only remain on the market, but also increase their value.
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The BNB Chain blockchain team has created a RedAlarm registry, which includes projects that are dangerous for interaction. Each project entered into the registry has a description of the reason for its entry into RedAlarm. This registry is updated on Fridays. Red Alarm: "The following projects and dApps have been assessed to be untrustworthy and carry extremely high levels of risks" - https://dappbay.bnbchain.org/red-alarm.
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...i honestly rarely seen some real succesful trader that could make massive profit consistently, it's always either they make good profit and they lose it the next day.
Of course, there is no such trader who does not have unprofitable trades. But the very principle of successful trading is that there should be fewer such unprofitable transactions than profitable ones. Only in this case, it can be considered that such a trader is successful.
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...Of course, the increase in demand will naturally lead to an increase in the price, but this will not last forever anyway.
It is possible that when the Circulating Supply of coins increases, the supply will exceed the demand and in this case we will see a decrease in the price. But this will not happen in the coming year, since the first coin unlock for the team should be 1 year after TGE.
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The fact that the ARB price is increasing may indicate that demand exceeds supply. And after the coins received by airdrop were sold, sales decreased, and the number of people willing to buy continues to remain the same or even increases, we see a natural reaction of the market.
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Arbitrum nova? Why would there be when there is arb already? Eligibility criteria already included 'activity on nova'.
The project team announced that Arbitrum Nova will have its own utility token at the Ethereum Denver conference. Although in my opinion it would be logical to award the early users of Arbitrum Nova with the ARB token, especially since both projects are represented by the same team.
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A biggest Cex exchange FTX which was fallen bankruptcy in Nov 2021...
This did not happen in 2021, but last fall. Regarding the FTT token, much will depend on who will eventually act as an investor in the revived FTX exchange. If these are new investors who do not have FTT coins, then it would be logical to see a new exchange coin.
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...I also missed ARB which is a disappointment. Today I don't really anticipate much on airdrop as I realized that most of those airdrops are just speculations from the public and those "influencers".
I think there will be many more disappointments waiting for you when you see once Layerzero, zkSync, Starknet and Arbitrum Nova generously distributing airdrop. I believe that it is necessary to perform at least a minimum of interactions with these networks in order not to experience Fomo later.
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