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Author Topic: Number One Reason NOT to invest in Crypto  (Read 2413 times)
pinkpanther03
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August 27, 2019, 03:03:29 PM
 #381

I don't see any reason for not investing in crypto. There are many day traders here in crypto world. Do you think most of them are not buying cryptos? I don't think so, because if some of them are getting profit on a day trade activity, it means they are buying potential crypto in the market and trading is the most effective way for us to get profit.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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August 27, 2019, 03:52:14 PM
 #382

We can say that criminals can use cryptocurrencies because of its anonimity transactions. Well in our country, we can't convert directly crypto to fiat. We really need valid Ids to withdraw our cryptos in fiat so how criminals can use their crypto? Unless they have relatives and make withdraw for them. And about the thieves? If you just keep your private key very well no one can steal it.
KYC is needed for local exchangers, and this can reduce the concerns that have been circulating so far, namely money loundry, narcotics, etc. hopefully the government understands it and provides policies that support cryptocurrency. and about the wallet, it's actually safe, as long as we don't do carelessness. fiat money even if we are careless will certainly harm us

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August 27, 2019, 04:08:09 PM
 #383

I even think now is a right time to put more money into crypto, getting such idea is number one reason the world now is digital and it's revolutionary.

This is the right way to think and not those who think it is dangerous to invest in crypto. Crypto is the future of money and doing business. Anyone not seeing this is missing alot.
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