Lotteries in crypto gambling are also popular and already have their own fans. And some casinos provide this lottery in their casinos. But that doesn't have anything to do with magic.
Is it? Can you mention some casinos with lottery games where there are many active players playing the lottery game? Most lottery in crypto casinos is being used for marketing/promotional tool where players get tickets for their wagering activity, but for the real lottery games, I cant see it as popular. If you do some researches in this forum/gambling board, there are many failed lottery based game casinos because of the less interest from players/forum members. Lots have tried but lots have totally failed specially into those solely lottery based casinos specially new ones or didnt really have that reputation here on this forum.For those old sites who had add up some lottery game then they might get some attention but not really that much and people are really focused into other games.This is why its not really something shocking thing that you would really be that expecting that it would really be ending up on getting lots of attention.Its true that there were no lottery based gambling sites that we could see on the market today but rather only into those platforms which do offers tickets on the time you do make out some wager. |
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As far as I know, things about the Nigerian government are not new for their people, because we all know there are many Nigerian bitcoiners, even here in this forum you can find many Nigerian people who are active and this big community of the Nigerian is also visible for their government and since their government seeks for a way to start milking money for people, now they have a new method to start taking tax for the investors and this time bitcoin investors, while I think the Nigerian people can easily bypass this by doing p2p transactions and do not let the government track their transactions.
The issue at stake in Nigeria is not about the tax the government wanted to impose on crypto transactions but the ban on cryptocurrencies by the same government that directed all the banks to flagged and freeze and a bank account that is linked with crypto transactions, the government is contradicting itself with this recent anouncement, however despite that ban majority of Nigerians resorted or adopted P2P for their crypto transactions, I think the government should rescind their decision to unban the use of crypto invariably the government will generate huge amount of income via tax once the embargo on crypto is lifted. Reading the link shared in the ops, it look like another fake media propaganda and even though the video shared shows the Vice President talking about digital inclusion into the economy, it does not directly mention taxation because the Vice President is knowledgeable enough to know how impossible it is to tax cryptocurrency most especially the decentralized coins like bitcoin, the highest the government can do is to make the naira more stronger and try to tax the naira that way they could succeed since naira is centralized and under their control aside from that cryptocurrency income tax in Nigeria will be an effort in futility for the government since the decentralized transaction can not be traced or link to any individual and if Bitcoin users want to remain under the radar for long using only p2p to avoid paying tax from using centralized exchanges such as binance exchange who happen to be the tool for government cryptocurrency taxation in many countries. Come to think that lots have already tried but eventually failed on doing so in regards or in talks about taxation but it cant really be that possible.This is why they would rather putting up much more focus into those platforms or services whom are in connected with cryptocurrencies and since these platforms could easily be hold up into their necks then this is where taxation could possibly be imposed or would be asked out. This is why its really that impossible for government for them to get a hold of and this is why they dont really like cryptocurrency since in the first place. There's no way that they could able to control it. |
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We must be optimistic that the price of bitcoin will soon rise, today the price has returned to $ 17k and makes me even more excited to buy bitcoin, I'm sure December is the beginning of the bull run and maybe 2 or 3 months we can reach $ 30k, no which is difficult if all investors are optimistic and not panic, Bitcoin is indeed the best investment and promising.
At least to me as a trader the most important thing is to be as objective as possible when it comes to our predictions, maybe during this December we will see the beginning of a new bull run but if that does not happen then we need to be prepared for it, because at last for what I can see this is by far the most likely scenario as I do not think that with all the economic problems the world is going through that somehow bitcoin is going to be immune to them and still grow significantly during this period. You need to be objective to gain as much profit as possible, even we are at this price level. And if you have been in this market for so long, you will have the strong belief that sooner or later, we will see a bullish run again. It is not always that the market is in the bearish position, at some point, the path will change. We may not pinpoint the exact time when we will see a continuous bullish days but it will happen. The price will not stay at this price level forever, just like in the previous years, it will go up when we start hearing good news. When you do have that sufficient experience then you already know on what to do and you wont really be get easily shocked up with these kind of market price condition where everyone is really on doubt and fear. If you've been here for how many years then its not bad to enter on the current price that we are seeing as of this writing.We might really be that waiting or looking for some bullish news and events which would trigger out or making it as a catalyst for this upcoming bull run. We know that this market cant really be bearish forever on which there would really be a day where prices would be backing up again. Lucky for those who had entered into those cheap prices and sad for those who had just keep on waiting for the bottom until they missed out the opportunity. |
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Indeed. All it takes is discipline. However, the sad reality is that, not everyone possess it. Which is the reason why a lot of gamblers suffer from addiction. Some people have a hard time setting up boundaries and limitations. And they even find it more difficult to actually obey and follow it once they have made it because they don't have the discipline to do so. They tend to crave for more and instead of suppressing it, most of the time they give in. There's really nothing wrong in gambling and betting as long as you are doing it moderately and responsibly. It just turns out bad the moment you prioritize it over anything else and put it in the pedestal of your life. Chasing winnings should be a no-no too if you want to keep your sanity because being desperate on winning and being greedy on taking the prize will just cost you so much. Remember, gambling shouldn't be your thing to rely on to earn money. It could be an additional stream of income for you, but don't let it be your main because it has so many risks and it isn't really guaranteed you'll win everytime. Always prepare for the worst, so never ever bet all of what you got just for the sake of having "fun". Some do make out recommendation and suggestion but eventually failed up to be applied into themselves which is really that a shame.Each person does have their own level of discipline and control on various things. Just like myself where i do already picture out on what are the probabilities for me to be get addicted with gambling which i didnt really let myself get involved too much or spend up much money. Tendency and chances would really be there and this is where you should really be careful with it.If you dont like to be get addicted then you shouldnt really make yourself engage on it too much. |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
Yes, now is a good time to shop, but only if you have the money for it. For such purchases, it was necessary to sell at high or now bring new money that you earned in real life. But most of them are watching from the sidelines as their deposit decreases, since they decided to sit out the bear market by holding coins. Not all does have the capability on doing such stuffs and ending up on holding with their current holdings into their stashes and some even if they do have the money but the confidence on doing so isnt there. This is why we do really see various decisions in relation to this one.People are really that impulsive and highly that emotional when it comes to their money specially to those who are in negative. FUD is something that very common within markets not only on crypto space but also in other markets as well.So this is why its a matter into those people who do have sufficient awareness and experience would really be having the advantage. |
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You will support him in what sense? Elon is rich and will likely not need the support of anyone to achieve anything he wants to. If his guts tells him to do something, he goes ahead with it and that is why his actions are often looking abnormal. You remember when he bought Twitter and how people reacted at the huge amount. And now he is pruning it and people are complaining. Does he listen to them, no. We know Elon supports Dogecoin and so he can ask for Dogecoin as payment for Twitter and not to create any stable coin. He knows that.
We will have to see how this story of Elon and Twitter ends, on most of his other industries Elon does not have to listen to the common person as his business is related almost exclusively to technology, but Twitter is a social network which depends almost exclusively on the common person, if he makes them mad and they stop using his platform in mass then it does not matter what chances he makes to Twitter as it will eventually collapse. Pretty sure that he's aware of that and as a business man or billionaire then he do knows on how to handle up a social media platform which he would really be focusing on what the community needs and suggest. If Elon would tend to create his own stablecoin then its up to his own choice and its up to people or users whether they would be using or not.Its true that if people would see something that they dont like then high probabilities that these fellas would be switching up into other platforms.Whether you do support or not then its up to someones choice on this case. I dont know on what are the impressions of people if in case this one happens. |
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For the longest time, I have been thinking about doing this. It seems like the right time is now. All of us have had good, bad, and ugly experiences with money. So now is a good time to offer your two cents worth of financial advice.
Ty question- Based on your cumulative life experiences, can you share your best money advice with us?
I'd go first - Stay out of debt as much as you can.
Invest in your health and save some emergency funds first before you get to spend them all. Sometimes, when we are mostly concerned with paying our bills and budgeting for foods and services, we tend to forget to invest in our health. Note that health is wealth. If you will always make your health as your last option, believe me all your money will just go into your own medication, instead of using it for other productive means. Everything should really be balanced on which you should not really make your health taken for granted because if your body will collapse then pretty sure that all of your savings that you are hard working for would really just be wiped out so easily.This is why its ideal that you should really give prioritize into your health and balance in between investment so that you wont really be having problems. Its true that people are really that thriving out their best to accumulate money which is understandable but if you do let set aside things like health then it would really be a potential huge risk and problem on future years to come. |
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<..>
In fact this is something that novices can experience more frequently, I include myself there only when I was a novice, I had experiences as it appears on the chart, however now we as players who have a little more experience and know myself can say that things can happen like this but not with that behavior, sometimes we can stop the losses only with decisions that can make the difference between one play and another, perhaps because we already see the game as one more way to have fun and not to make money , since when we don't see it to make money, unwanted emotions enter, fear, stress, pressure and that makes us lose faster
isn't it interesting how expactations plays a role on relaxation during the experience? if you have more expectations (wanting a particular outcome) it can make you more tense/less relaxed or more fearful, therefore more prone to mess up due to these emotional or thought conflicts You are right.One time I was expecting to win the same amount of money as to buy a Mercedes CLS (what a f*cking idiot I was to think that) and once I started I was really relaxed calm,even happy as I was expecting to hit the maximum payline of my beloved slot machine at a certain bet most likely at 3 dollars for a bet.It started well it gave me the bonus round a couple of times and I increased the balance nicely only to lose it by continue playing as I thought the slot machine will keep giving me money (naive expectation) while in fact it took it all away and I become mad,tense and even nervous when talking to people.I do not do this anymore thank God. good point in the end it's better to approach the world without expectations if possible of course it's not the easiest thing, but it's possible. in gambling it's hard to predict the outcome, betting in the hope of winning a lot and to keep betting with this belief is a recipe for disaster You wouldnt really be ending up on a disaster if you are really having that limitation and being aware in towards your actions.Gambling is for entertainment but it do turns out that majority is really having that wrong impression and beliefs that they do mold on and this is the reason on why things becomes being more desperate and on the time that they've been fucked up by gambling then this is where realization begins. Dont make yourself that desperate on getting wins because in gambling there's always a slim chance for you to make yourself get out with profits. Most of the time you would really be that empty handed which you should make yourself that prepared. |
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RSI MACD MA EMAs Support and resistance lines Fibonacci When it comes to technical indicators then these are the most common ones been used. You can't say these as strategies for crypto trading. They are some indicators to trade . Again DCA is not a trading strategy it's an way of proper investment. There are also many trading indicators. Day trading, Scalping and Arbitrage can be called strategies of Trading in my opinion.
Actually we have different method or varieties of trading options as portrayed, but the only thing is that someone will discuss the one is aquatinted with, so whoever that list it own way of trading, that means it's the strategies it known to work or operate via trading, it's obvious that we have methods of trading which if you're a trader you will not like to adhere in some trading method here but you work with what you encounter during your experience in trading. This is true. We do have lots of ways and methods which each trader do really keeps on trying to find up on which one is really working but we know the truth that everything could really be that on random.This is the reason on why we do keep on looking for something better which it is really basing up on what conditions or situations you are facing on. Outcomes could really be in random and this is why there's no way that we could say that it does have the precision. |
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~snip~ unless you are someone who likes high risk, you can make a loan to the bank and then buy bitcoin at the current price. ~snip~
I wouldn't suggest that to anyone, even if he's a person who dares to take high risks. When dealing with loans, you have a time limit to repay it. If the time's up and you still haven't made a profit, then you're done. It would be better if you buy bitcoins with the money you have, regardless of the amount. If you don't have money, don't be a fool. Investing in bitcoin regardless of its price should never be made through taking a loan. There is high risk investing in bitcoin alone, so it will only increase the risk more by borrowing some money you can’t afford to lose. That is why never invest when the price is high but always start investing when the market is deeply bearish since the prices are in bargain. And remember to buy bitcoin on your own extra money that you can bear to lose. Any investment which funds being used are loaned ones then it is really that risky move or thing to be done specially here on cryptospace which profitability is always been not been sure of.If you do rely on repaying your loans on your crypto investment then better not to think this option because you would be fucked up.In the things been mentioned up in OP which this is really that a sarcasm kind of approach.  This do usually happens which people do bother on entering or buying when market is on bearish mode and do only buy when the prices are already on the peak which is totally absurd or doesnt really have any sense. |
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This time is not new in crypto, a time of significant fall that may let some people to lose hope, but when the bull run start and the price has increased massively, it could be a mistake for them to be thinking of investing. The right time to invest is now.
What I could see are people that are speculating that the price of bitcoin will get to all-time-high, while also thinking bullish about some altcoins, but thinking the bear time may be long but it will be over again.
If you are buying gradually, I will not advice you to stop it, continue to DCA and you will see the profit of investing when many people are panicking as emotion is only showing them something wrong if no proper research is done.
DCA is always been recommended but you should also mind off on investing on the amount which you can only afford to lose and dont really tend to use up those life savings of yours.It is really just normal that people would be freaking out on the time that they are seeing a bear market and eventually gets that confident when we are on bullish state.Its a normal human being behavior but only a few could able to see on when is the time or the best moment on buying cheaper coins.It cant really be applied most of the time when it comes to strategies since we do have different level of awareness and experience throughout the market. |
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In few months experience cannot be built because in few months there is nothing to observe. Lots of people are experiencing losses and gain by investing major part of their cash into this field. I worked for longer period sometimes i think that i will certainly obtain benefit by such type of investment but later i observed that condition become unfavorable for me. losing and benefits cannot be observed and cannot be make certain as condition are unpredictable.
Some time investment does not make any profit but has to face more losses. It has been found that having good knowledge and understanding of training can be beneficial. If there is no idea in investing then it is never possible to succeed. It is better to invest in the coins that are especially good in the market. It is possible to profit from them mostly but if investing for a short period of time it is better to invest in good coins. Everyone do starts on being a noob which everything you do tend to get involved with doesnt always end up on positive but rather on losses.Thing here is that you do make out those losses as your learning steps for you to make yourself get improved.No one starts on being a pro which means that you do still have lots of rooms for improvement.Errors or mistake are really that common. The thing here is that you shouldnt make yourself that easily give up if you are really that eager on learning up trading or investing here on cryptospace. This would really be a smooth sail ride which means you would really be facing up lots of challenges and hardships but once you do able to get good grip of it then you would really benefit from it for long term. |
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of course bearish is the right time to buy altcoins or Bitcoin because altcoin prices are really cheap right now, if you understand a chart then you will believe my words,
just go to Binance and choose one coin then look at the graph and you I'm sure will start buying the altcoin. Reportedly, the next bull market will be a healthy bull market,
because there have been many memecoins and altcoins with bad progress going bankrupt. This is why I believe the world of crypto currency will be healthier than last year.
But people do usually freak out when we are on a bearish season or time where they do really mind off the opposite thing which they do believe that this market is over or already dead without even trying to look back on what happened on the past which would really be giving out that kind of idea.Right time is always been questionable since people would really be looking for the bottom price which is something that cant really be known or predicted and this is the reason on why people do keep on waiting up until they do miss out opportunities because they hadnt able to enter due to endlessly waiting for the bottom. This is why it does still involves risk taking most of the time when you do make out some buying decisions. |
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Cryptocurrency is not a field of surety there will be not exact information about any coin and i think that make investment for someone other is a foolish idea because he will not understand the situations but will blame you. Also trading requires patience and is a work full of difficulties so i just thing that investing for others does not sound good.
In any market, one should not invest by bringing funds from others if that person does not have enough idea about that particular market. Now if you trade or invest by taking funds from someone else then that person will always put you under pressure with various questions, because those who offer to do such investment are mostly greedy and they expect quick profit. So trading with this kind of pressure is very difficult, even an experienced trader will lose his rhythm. And if for any reason you lose that fund, then you will be in trouble in many ways. So it is best to trade with your own funds, even if you lose, you will not have to answer anyone. There's a pressure indeed. I hate using other peoples money to generate profit since there I'm pretty sure there are constant question and updates you need to do in to the one who provided the money. It is always better to just use your own money in trading or any other crypto generating profit to avoid these kind of pressure and unnecessary hassles. Another disadvantage on using other money is it can break the trust and relationship especially if it is a friend or a family member, I've seen many relationship fall apart because of the money. I'm personally not a fan of using other money in any reason. I hate borrowing or co-investing! especially if it intended to use in investing. If you do make yourself agree on putting up into that situation then that pressure is really that extreme.You cant really make out assurance that you would be able to make money and since those relative or family members or friends of yours whom had entrusted up their money would really be mainly be expecting that they are really making money passively since you are the ones who had been handling it out which it is really that hard to make out conclusions or assurances that the market condition will really be going on what you are expecting. This is why its never been recommendable for me or something i dont really allow that others do make their money be handled by me.I cant just take up the responsibility. This is why its not really that a good idea on telling them that they would make money or do profit overtime or some period of time which on the time that they would really be getting their profits then your fucked up and this is why its not really that good on handling out other peoples money.It is really better that you should ignore or refuse if once they would really be approaching you to handle out their money.Its better that you do tell them about the basics of crypto currency and the things attached to it specially with investing and make them aware on how volatile this market so that they wont really be shocked when they do saw their investment becomes negative.Just tell them about the truth and its whether they would be accepting it or not. |
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Gamblers will always find a way to get the funds and do gambling, did you know that credit card also have a feature of Cash Advance limit? So the gambler can easily cash out and use it for their gambling activities, this is how greed works.
The best solution here is for a credit card company to monitor every transaction of their holders and never allow them to be used on any casinos, but I’m doubting they will do it simply because they are making a lot of money on every transactions.
Banks would never be considering on having those blockage or prohibitions because spending of your credit limit would always boils or falls down on someones decision which means that they do know the terms and conditions which whatever or whenever they do make use of their cards then its their responsibility to pay it up and if not then this is where interest would really be piling up and this is where they do indeed make money and they dont really care if you do spend it out on whatever things as long you do obliged yourself on paying it up. If not then you do really know the consequences. |
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If OP teaches him about technology it should be encouraged as technology is definitely what we need in any environment, technology is no different than water in our daily life, we would not be able to live without technology. But OP is teaching him about bitcoin, being part of finance, is a risky investment. I don't think such a kid can understand bitcoin. Even investors like us don't fully understand what bitcoin is, we are here simply for profit and our job is to see bitcoin chart every day. Bitcoin and crypto have not been applied much in life, and not everyone needs them. That is true.
We need technology so that everything can run, it is true. Unfortunately, we often forget there are many jobs out of our expertise and push children to obey what we want. For me, just give those kids a little introduction about technology in a fun way, give them lots of things, then let them choose. There is both a benefit and also a trouble about it. The benefit is that new technology would help you do your job a lot better, and it would make it easier at the same time. But, we also talk about some new tech replacing people as well, just look at the car industry, that is the most common one that we know of. Back when Ford built the first assembly line, one car was manufactured by so many people, hundreds of people working on it at the same time and it took so much time, today there are so many machines that help the people so there isn't a need for that many workers at the same time. Plenty of jobs were lost to developed technologies like that. That is also a matter of concern, but I think machines or robots should replace humans in heavy jobs or stages that may endanger workers' lives. I have worked for a while in companies in heavy industry, it is tough to protect the safety of workers. Despite having undergone thorough training classes before working or wearing protective gear, it is still impossible to avoid occupational accidents. If we use Robots in those cases, we can reduce human damage. We are already moving there and we know that its been a while where certain industries (car companies) had really those robots but we cant really that able to deny that human involvement is still significant since there are things which humans can do while robot cant.It do really speeds up the process and does give out that safety specially on heavy works. Lets just not make things in a rush but people or human intervention is still significant on some works which we are still that needed. Going back on topic in speaking on teaching up your newphew about Bitcoin then its something good but for him to be able to understand well then it would be good that it would be starting up on those very basics of it. |
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In a society, it is hard to do without corruption. This has gone to find itself in the crypto world do.. Investors just need numerous research when finding a real project.
Opportunities for corruption can occur at any time, especially cryptocurrencies, the level of competition is very tight and makes developers sometimes impatient to compete in the market so that the best thing is with corruption, FTX will definitely think that the business they do will be safe and unknown to anyone, unfortunately when a test occurs Small then they just regained consciousness and difficult to refute the facts. The problem with this is that we know that sometimes what we think is good will surely be misused by some parties and of course this becomes more of a concern so that we continue to be careful because things like this, although not all of them, but will definitely be repeated in future times. is coming so we have to be prepared from the start and not really believe in anything in crypto. When we do talk about money then everything could really be changed up in a snap no matter how reputable or known a person or company/platform is which it is really just right that you should be mindful about that risk management.Corruption and frauds or any some sort which is connected to this could really happen on this space and this is why its really that right that you should really know on what you should gonna do.Make yourself prepared and always consider on taking up investment on which you are really that prepared for whatever things that might happen along the way. Expect the unexpected yet this had been always the case specially on dealing with this crypto space where everything could possibly happen. |
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This is a blow. I didn't know about this thing but if this referee has said it. It might be true but also not true. I haven't seen yet the match of Pacquiao for that year against Nedal.
But if that's something that he has exposed and admitted well, it's on him. Even if he has given the advantage and help for the count for Pacquiao. Still, his other matches that he's got can speak for himself that he's literally a legend and did his best all the way from the bottom to the top.
I got to admit, I never know Pacquiao before the big fights in the US against big Mexican names, so I am clueless whether this is true or not. But Padilla is also a big name in the Philippines as a boxing referee. So, I do not think that he will sully his name if there is no truth about it. I think he is just coming out clean after all these years. To think about it, that could have affected the future of Pacquiao if he lost that fight. He is still a hard fighter but if he lost that he could have lost a lot of opportunity including maybe moving up and having fights in the US. Anyway, that is in the past now. Pacquiao is now a legend, and that blow will not tarnish his name. There is a statement towards this and Padilla really admit what he do just to give Pacquaio a important win of his career. But he also clarifies that Pacquiao doesn't know about this and his team is clean about what he do its just he listen to someone who ask about some favor to give advantage to Pacquaio also he is filipino so he agree to do it because he want Pacquaio to win. This statement cannot tarnish the legacy of Pacquio since the man prove and this is truly built from scratch. This statement cannot affect Pacquiao's legacy anymore since Manny Pacquiao had already proven how undisputable he is inside the ring by winning 8 different division tittles. During his prime he was deemed to have the fastest speed and a very strong counter-puncher. Nonetheless, I am just happy that even if Manny Pacquiao had already retired, he still plans to play boxing via exhibition matches and as always he opts to give his winnings to chosen his chosen charity, he always is a generous man that is why Filipinos love him. Only a few of athletes on different sports do really consider out on making those charitable deeds or works depending or basing up into their earnings for said such fight which majority of them would really be pursing out those profits and dont tend to share up to everyone.Well, its their money then its none of our business on how they would really be allocating it but its not really that much important. It do really just turns out that people do really appreciate nor commend up into those fighters or athletes who do really consider such deed. Speaking about being generous then Pacquiao is indeed one and no doubt he's really be that known into that kind of behavior. |
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I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.
you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding. if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k . it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest. I don't think he bought a whole btc at those prices but I think he only bought some though I think his capital is still huge because he is not scared to buy at any levels and then he looks willing to buy more because he doesn't seem to have a plan of selling yet. I also do not think that he will sell at a loss because he didn't even sell when the price have risen up. Selling at a loss is also risky because there is no way to tell if the price will drop more and what if the price have recovered instead right after we sell? We are going to regret it for sure. @Kadal Ijo I know that being optimistic is a good thing but we must also be realistic with our goals so that we can also experience to profit. It wasn't exactly optimism but a bit of greed that occupied his mind, that happens to most investors when they see their assets are going up and they want a little more profit so they don't sell. But when the price starts to drop they will regret more for not selling when there is a profit so there will be no reason to cut losses, and he is becoming a reluctant holder in the end. It is a lesson, taking profits is never wrong and always have a plan, always have a goal in investing, never let greed take over our minds. Some people do really just let those opportunity to sell on profits and rather hold up no matter what but its true that it could really leave out some regretful feeling considering that we could really make money without the need on holding up for couple of years.But well each person does have its own decisions towards their investment on where whether they would be selling or not into that particular point. Its not really bad on being optimistic towards price but dont make yourself able to believe nor force out about those high numbers because it cant really be just happening on point or on a short period of time.Everything would really takes a process. |
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It is the counterpart of those hacking in centralized exchanges. People who have been so critical and concerned about these events will make them want to find another place where they can continue trading without anything to worry about. Although the decentralized exchanges are not exempted from this hacking at least, most of its traders get to still hold their funds as they trade and connect their wallets from here and there to different exchanges. It's true that the reign of Binance at the top won't be staying there forever but if they know the formula of sitting and maintaining their position, they can but someday, time will come that it's going to be for another exchange company to rise. But it's a different thing about ranking if it's all about bitcoin, it'll stay there for long.
Just to remember into those old years about on how Poloniex and Bittrex had dominated the market on which lots had been anticipated and already make out some conclusions that they cant really be dethroned. Until the time comes where regulation issues had been faced where these platforms had become heavily centralized and that time Binance did came out and people had flocked away into those exchange and stay up on BInance and we are seeing on whats today. If we do speak about probabilities then its always there, there's no such thing about remaining like forever but the current things that they've been doing is really that for the benefit on prolonging their dominance on this crypto space.We dont know on how long but lets see it along the way. I remember all of those days when they were supreme in the market and they were the top exchanges not until Binance came, and the other popular these days like kucoin, crypto.com, etc. It's not always that they'll be at the top and when there's something new, the customers will come to it and after trying it out, they'll be able to stay there for long if there are a lot of incentives and benefits. I do even remember that Coinbase is already existing on that time but didnt really get that much attention and popularity but still nowadays it is really running and operational. Well, its expected for something which is heavily centralized compared into those past exchanges where they are anonymous and not really that regulated. On the time that they had made themselves abide with regulation then they had been started to get some criticisms and then Binance came where people had seen this to be looking interesting and they had just been overtaken in speaking with popularity and relevance But now Binance is starting on heading up that way or shall we say the normal cycle of things on where or when government is starting to get involved. |
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