Dont stay in crypto too long

[menoiazei]

sooner than soon there will be no cash
cash will be crypto

[boyptc]

sooner than soon there will be no cash
cash will be crypto

Both will co-exist by that time. There will still people who would be using cash as the government mandates it but there are us, who would be using crypto for purchases.

And the good thing is that there will be various cryptos that will be accepted by merchants not just bitcoin.

[Wipeout2097]

All in case done with great eagerly, of course the state will give supporting offices and the government itself will not be hurt within the future. hence there must be a direction made by the government so that it can at slightest decrease the utilize of things that damage the rules. Indeed in spite of the fact that no one controls and cannot be controlled everything can be done in case there's clear direction from the government so that its citizens don't act against the SEC law.

[marilynmanson21]

I can't possibly just leave crypto. If there is news about the government regulating cryptocurrency I have to verify it first, I am sure there are certain reasons and also not everything will be regulated by the government, or maybe the news isn't about bad rules, maybe the rules are in favor of cryptocurrency.

[South Park]

sooner than soon there will be no cash
cash will be crypto

While this is something that we would like at the same time things are not so simple, to begin with we must take a look at the fees that we need to pay in order to move our bitcoin, the fees are not small at all and that is a problem that is going to keep getting bigger, but the biggest problem is that governments are never going to allow this, even if we can imagine a scenario in which they fail so massively that fiat currencies disappear I can assure you that just a few years later they will try to impose them again.

[shoreno]

no sorry im not quitting even if crypto is already controlled by government and sec but i know that i can still be able to continue to earn . easy for you to say make cash and get out when you dont know that we still havent recovered our investment capital yet , its not easy for every coin to have a bull run tho and if i can make money on here we cant make a verry huge money that will be enough for us to live forever without the support of crypto so we are still going to find our self coming back on this business .

[nitrobetting]

Cryptocurrency is here to stay, that's for sure. However, it's never bad to always proceed with caution.

Same as gambling, Bitcoin also goes along with risks. The risk of government intervention will always be present. Which begs the question -- is it time to take note or be left behind?

[Pamadar]

no sorry im not quitting even if crypto is already controlled by government and sec but i know that i can still be able to continue to earn .
easy for you to say make cash and get out when you dont know that we still havent recovered our investment capital yet , its not easy for every coin to have a bull run tho and if i can make money on here we cant make a verry huge money that will be enough for us to live forever without the support of crypto so we are still going to find our self coming back on this business .

Why quit if there's still opportunities for you to earn.

I understand that there are people who missed the opportunities due to greed but if you know how to balance your investment and
you are paying attention with each opportunities that this market is giving you, even to the point that the government if in case they
really push to gain control, the benefits still there if there are people continue to invest in.

[ubercool]

Crypto has been around for more than a decade now. And we can proudly say that it's thriving. There were lots of bans from many countries in the past but were those successful..? Cash and crypto will co-exist, we cant say one will eliminate the other. Yes, the governments are fearful of losing control over their currency but they have the option of being the authority and bring this revolution into the common economy.

My ideal suggestion would be not to keep all your assets in crypto. Keep a balance and act accordingly, trading is part of holding crypto so learn it and keep as much as you are afford to do.

[yohananaomi]

Crypto has been around for more than a decade now. And we can proudly say that it's thriving. There were lots of bans from many countries in the past but were those successful..? Cash and crypto will co-exist, we cant say one will eliminate the other. Yes, the governments are fearful of losing control over their currency but they have the option of being the authority and bring this revolution into the common economy.

My ideal suggestion would be not to keep all your assets in crypto. Keep a balance and act accordingly, trading is part of holding crypto so learn it and keep as much as you are afford to do.

a wise message, do not store all your assets in crypto .
because crypto is something that is unstable at one time it can bounce high but on the other hand it can go down even unstoppable so it is of no value.
so it needs to be adjusted to the circumstances, if we really need to trade in new crypto, we can change it to crypto.

agree that crypto does not have to eliminate what has been going on so far because that is not the main goal for settlement, because it is clear that crypto and banking have different systems, let it be precisely to support each other so that the economy can run well.
because many countries also cannot accept the existence of crypto because there are many problems that may have to be resolved with clear rules.

[GeorgeJohn]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto

Everybody is government so don't be afraid of government because them don't have power over cryptocurrency them can only restrict the use of bitcoin only in a particular country, is this kinds of fair that can make people to lose their crypto within some seconds, encouraging people to cash out everything because of government is not really ideal or encouraging because the more government put fair to bitcoin users the more bitcoin get more firms, crypto is decentralized so don't panic or be afraid.

[mezzaluna]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

Its really actually weird that badmouthing Cryptocurrencies nowadays can still be profitable. I like to share my experience with an interview, I was applying for a job in the IT industry and the interviewer was happy to see that I am involved in Cryptocurrencies because base on their experience and knowledge, cash is kind of deteriorating and having a back up would be enough to boost my life into something better so I guess as long as you are able to utilize both, you will be fine.

[elisabetheva]

Its really actually weird that badmouthing Cryptocurrencies nowadays can still be profitable. I like to share my experience with an interview, I was applying for a job in the IT industry and the interviewer was happy to see that I am involved in Cryptocurrencies because base on their experience and knowledge, cash is kind of deteriorating and having a back up would be enough to boost my life into something better so I guess as long as you are able to utilize both, you will be fine.

maybe he doesn't understand in detail and clearly what crypto can do and what kind of effect it will have. because obviously not all understand the true meaning of crypto, because everyone's way of thinking is clearly different, not to mention that if he doesn't know the world of IT at least computers, it will be more difficult to understand it.

maybe they only hear half and half about crypto from social media which is not necessarily true of the news that is published because usually it is bad that happens when you know crypto.
it does need education and we can't justify everyone to understand this.

even though behind all that, if used correctly and diligently it will actually increase the income that is not small, at least it can help the existing difficulties with the addition from crypto proceeds.

[XZERO1]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

I'm not seeing your point here, maybe crypto wouldn't be as decentralized after governments start regulating it, but to say using cash (which is literally the currency that was created by your government) would be a better idea doesn't make sense to me.

The whole point of Bitcoin was to give people an alternative decentralized way to make their transactions without governments tracking their every single move, and I don't see how regulations can change that in a way that makes using Bitcoin or crypto pointless.

You got to accept the fact that governments always will be trying hard to prevent or at least limit Bitcoin or other decentralized coins use, more specially privacy coins like Monero, even if they're not exactly againt them sometimes they try to create a new way such as creating their own coin(which obviously wouldn't be as decentralized) to make some money and don't lose out on this new trend, but at the end the thing is you can not simply do much better, as long as governments exist so will their interactions.

[bosede1]

You didn't define your staying long in crypto because I will tell you that those that invested in 2009 till date will be grateful they stayed in the market despite all that is expected to happen in the market over the years. Government involvement in the market let's wait till then but my advice is for you to make a decision that soothes your belief.

[Alert31]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

What is the difference between cash and crypto if they are both regulated by the government? I don't understand your point....If you don't like crypto because you think that government will regulate it, then what about using cash which is already regulated by the central banks and issued by the government?  I think you just need to learn more about cryptocurrency so that you will understand the importance of using crypto as a decentralized digital currency. Actually in country people are now using more digital and electronic payment system rather than using a fiat cash money.

[bounceback]

You right, I disappointed because too long hold some coin on my wallet until really not have any value and my coin delist from exchange market, next time when have value I will sell all and d not care what next time happen price down or up. I think so far take profit and sell coin is better because waiting for holding few year make us many problem faced from delisting until coin not have value yet.

[panganib999]

You right, I disappointed because too long hold some coin on my wallet until really not have any value and my coin delist from exchange market, next time when have value I will sell all and d not care what next time happen price down or up. I think so far take profit and sell coin is better because waiting for holding few year make us many problem faced from delisting until coin not have value yet.

Crypto is such a big risk to hold. The point of this thread is to remind all of us to not to stay longer in a single coin just like in trading because they are all so volatile that can change value from seconds to seconds. We will not know actually the exact thing that will happen but we can predict it by using some charts and figures. Cryptocurrency is one of the best thing that we can use today yet we  must know and we must be full equipped with knowledge in this area. Being here and nothing to know is like you're in a battle with no weapon. Risky things are worth it if we know how to handle it or to defeat it.

[francois-cooper]

maybe in a few month the right time to sell.... we heard bitcoin in the news more and more days after days...

[vinc3]

Ok what if one day SEC will ban all bitcoin ?

They can ban exchamgers like binance to deal with btc
They can ban all the mining activity.
The kyc they force on people are all ready bad

Its dictorship faschist nazi control now !!

I think China was already doing this but nothing happens, you can't completely stop people from using Bitcoin, they can hide and becomes anonymous and protect their privacy.  SEC has nothing to do with it, even IF they will ban Bitcoin but there is still an alternative way to hold and own Bitcoin.

SEC in the US and SEC Chairman Jay Clayton explained how they regulate Bitcoin.

"We determined that bitcoin was not a security, it was much more payment mechanism and store of value"
“We did not regulate bitcoin as a security,”

SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value.

Privacy is ours to keep. It is your sole responsibility if you wanted someone snooping into your butt. Or you can look at other coins that provide privacy and anonymity. Everything is at your hands only you can decide for it. Bitcoin is more of a store of value than a payment mechanism, soon enough price will stabilize and so as regulations.