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I will say add a skill to your time, skills lasts a lifetime. Gift ideas okens won't be here forever or won't worth the time, resources invested in them but a learnt and well developed skills lasts a life time. As blockchain is revolutionising the world, a skill in blockchain is of the most relevant.
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Libra is centralized
Bitcoin is decentralized
Libra is a utility token
Bitcoin is a store of value
Libra is a stable coin
Bitcoin is volatile and price depends on demand and supply.
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So far from my experience and use of Eos ets, the Bancor enabled Eos wallet is easy to use and can be used to import Eos from an erc-20 wallet. I think you should try using the Bancor wallet you can send out Eos as well from Bancor platform.
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My first investment will be in Eos following d by Eth I will also put some money on Tron. My choices are on blockchain which supports Dapps, their technology will always make them relevant even in years to come so I choose the three projects. I will add Monero too for privacy purpose and a little bit of Xvg to avoid over trading.
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Fed called their attention moreover it as well faced diverse government interference all pointing to its regulation. We will have all news as regards its development soon when they've complied to government requirements for the project.
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Trading Altcoins needs one to have knowledge of analysing charts, studying the fundamentals behind a project. When I trade, I always checked my trades from time to time because trading requires active focus on the market to keep adjusting your trades based on the current trend.
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The market looks like alts season has come, alts have increased with Btc price the past 24hrs chart. From here moving forward, we can say alts season came at last although it took time but it finally came.
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I rather hold Btc than sell Btc to buy altcoin. Wrong decision with alts can rid me of my Btc holdings but staying in Btc enables me keep safe what I have in Btc.
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I have little unit of Btc I hoped to gain more Btc by trading Altcoins. I currently have
Xrp
Xyo
Bnb
Eth
And INS
I hope to see them perform well in the future.
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Speculating from the past price of some coins, I will say coins such as $BAT, $GO, $ADA can easily go X5. From their price range the past few mo ths, Bat was at 9k sats in June, Go was around 800 sats within the same time, with ADA at 1889 sats. From their current price, X5 is achievable.
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If we start counting all useless tokens in crypto space you will notice that most of this useless tokens are running on erc20 block chain ,many good altcoins ive came across have separate owned block chain and they are plain better, I guess the reason we have too many shit altcoins in crypto space is because of the flexibility of erc20 ,making it easy for unprofessionals to build there useless tokens.
We have some good altcoins that are running on erc20 but you will see then moving to their own block chain later on or it will be included in their roadmap about the future swap.
The reason why I like tron block chain is the ability to get rid of fake tokens running on tron blockchain if ethereum can do this it will help a lot.
My answer is too many shitcoins are based on erc20.
Erc20 came as the first blockchain where Dapps can be launched many projects took the ample opportunity coupled with the ICOs boom and cryptocurrency boom of 2017,lots of projects were born. Deploying smart contract was made easy through Eth blockchain. |
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To an extent it's good, keeps record of everyone's activity and serves as a check on them. If crypto was regulated, many of the criminalities like hacking of exchanges would have been curtailed a bit.
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A perfect team can be a number from 5 upwards, I think 3 is lean. A project that's solid will require a good number of hands to be able to pull off, so the more the better.
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So far the proven way this year has been hodling your position, a lot of coins has tripped their value since January which is more profitable than many who have continually taken profit at different intervals. Except you're a very good trader, hodling has been more profitable.
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In many of the major online merchants such as Alibaba, Amazon, eBay and so on. If any of these happens, other small and medium platforms will have no excuse but to explore bitcoin payment for services.
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BTC has had a nice run this a year and I think the major catalyst has been those who are exiting their altcoins positions in order not to be left behind by the train. Once it stops moving upwards and people start reconsidering alts, we also see alts move.
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Each day someone holds out on investing in bitcoin is an opportunity lost. We seen people who waited for bitcoin to reach $1000 and today they're regretting. The price might be high but that's not the end.
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I can count a few companies doing as much as Binance is doing in the cryptoshere. They are instrumental to crypto dominance and I'm sure there will be more developments to follow in the coming years.
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How can people have the mind to relaunch this platform again after causing several damages to its users??. Nevertheless, I won't be shocked to see people participating in it again, as people hardly learns from their mistakes and this time around the result will be brutal.
Let's always endeavour to carry out due diligence on any platform we will ever wish to get involved with whether in this space or in the world out there.
It's unfortunate that a lot of people are fuelled by greed which makes them unlikely to take advice from past happenings. I wish people will be careful to do personal research before investing in any platform.
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There are 2 major risks which I believe is predominant in crypto. First is the loss of investment as a result of price fall, this part is very scary because you can decide to hodl a certain coin only to come back and discover that it has lost its value. Secondly is the issue of security, one has to be very careful else the person will become a victim of crypto wallet hack.
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