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Topic: crypto is actually the future - page 4. (Read 844 times)

full member
Activity: 1372
Merit: 133
June 07, 2024, 11:52:47 AM
#33
Today, we are witnessing colossal turbulence in the banking sector, associated with the fall of Silicon Valley Bank, Silvergate, Signature and other banks in March. 
 Despite this, no one questions traditional financial institutions, as happens with crypto exchanges.  People are used to the fact that banks go bankrupt, so this is a normal situation for them.
 As for cryptocurrency, society's attitude is largely biased.  The reason lies in the many myths that have flooded the information space.  Hence ignorance, misunderstanding and mistrust. 
hero member
Activity: 1540
Merit: 772
June 07, 2024, 11:48:37 AM
#32
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
Bitcoin is actually the future. It is not quite right to call crypto the real future because most cryptos do not have a clear future like Bitcoin. Apart from Bitcoin, all are alts. Only a few alts have a strong foundation.

Let the conditions of the traditional market and the crypto market be felt by yourself so that you can draw a conclusion about where the differences lie. In the long term since it was first marketed, Bitcoin is better because it has historical data. Regarding market games, both have their own stories including games played by market players.
sr. member
Activity: 1666
Merit: 426
June 07, 2024, 05:48:33 AM
#31
I think everyone agrees on that, bitcoin can go up in prices at a really fast pace so I'm definitely sure that it's the best investment that someone can have when it comes to investing, comparing that to the traditional investment instruments, bitcoin also is the more accessible of the bunch which in my opinion is a really good thing because that means that it's also an investment that doesn't gatekeep on anyone, and that it will certainly help more people more than anything.

That's why it's always a recommended thing for you to hodl bitcoin because no matter how dire the things are, you'll always be able to know that in the long-term, you're going to get the best out of bitcoin and it's never going to let you down.
sr. member
Activity: 322
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Playbet.io - Crypto Casino and Sportsbook
June 07, 2024, 04:10:11 AM
#30
I don't understand why you would call traditional assets gambling while cryptocurrencies are being called the future of investments because that doesn't make much sense. The traditional marketplaces are indeed unpredictable, but so are cryptocurrencies and this market, both markets are volatile, in fact, the traditional markets are pretty mature now and they have more trust among investors be they retail or industrial investors.

He should have called the cryptocurrency market a gamble and not the traditional market because, there are many things that is yet to be cleared in the cryptocurrency market. Investors are yet to trust that they can invest their money and it will not be lost because the market is very unpredictable. The market does not have any reason for investors to believe that it will be around for a long time, many projects have a very short lifespan and if you invest with the hopes of holding your investments for a long term, you will be at losses at the end of the investment. There are many projects getting launched and before the end of the bear market , they are no longer existing. Untill project can give investors trust in their project like Bitcoin has done for people that are investing in it, we might not be ready for the cryptocurrency market to be the preferred investment market.
hero member
Activity: 2828
Merit: 611
June 07, 2024, 03:08:04 AM
#29
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
I don't understand why you would call traditional assets gambling while cryptocurrencies are being called the future of investments because that doesn't make much sense. The traditional marketplaces are indeed unpredictable, but so are cryptocurrencies and this market, both markets are volatile, in fact, the traditional markets are pretty mature now and they have more trust among investors be they retail or industrial investors.

So I think that the cryptocurrency market still needs a lot of time to challenge the traditional markets and to earn the trust of the investors who are always looking to make investments and get some profit because there are a lot of uncertainties in the cryptocurrency industry as of now and it will take some time for them to get removed.
hero member
Activity: 2716
Merit: 904
June 06, 2024, 06:59:10 PM
#28
I am very happy to see that the OP is once again taking part in regular discussion threads.

So bitcoin volatility over a year on any year scale stays under the 15% mark. Stocks usually are even lower.

When it comes to methods of spending, crypto is an easier option, but not legally accepted everywhere. This might improve in future and see cross border transactions happening without the parties getting themselves into trouble when converting it to fiat.

But traditional assets have maintain their position over the years. They are not gambling at all. I have been with the stock markets of my country for some years now and bitcoin over the last 7years, I take part in both and that is what I feel.
Traditional investments are never a gambling, you will most likely gamble instead in crypto most especially if you enter crypto investments without knowing the basics well. As much as I want to take part in some traditional assets, but I also want to make sure that I won’t miss opportunities with crypto. That’s why I keep on DCAing whenever I have spare money to invest, and hold them longer without intention to sell earlier as long as I don’t need immediate funds.
full member
Activity: 448
Merit: 205
Duelbits.com
June 06, 2024, 04:08:40 PM
#27
the future of investment that is,
while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
This information isn't wholesome in fact, you can't generalize this with relation to every of traditional market patterns, if you understand critically the patterns around the traditional market which ofcourse have been there before the crypto market you would see the limitations in your idea, because somehow the traditional market formed the fundamentals for the crypto market and not the crypto market only have the fast advancement over the traditional market patterns.

They both still have a pattern and I don't think either supersedes the other but ofr advancement which is giving attention and credence to the later but the first still have good and valid pattern which are essential and fundamental to the later patterns of the advanced. Understanding the traditional market will take your mind of what feels like gambling as real investors still speculate in the traditional market and it's as profitable and patterned as that which you are seeing in the cryptocurrency market.
hero member
Activity: 2408
Merit: 584
June 06, 2024, 01:23:24 AM
#26
In it there are various behaviors that make the market appear to have no clear pattern. They continue to spread their power to dominate it.
There are too many cryptos to mention. The crypto market is also full of games even though the fundamentals are said to be supported by historical data.
I only put my trust in Bitcoin which has a clear pattern throughout time and not in other types of coins even though some coins have been used by the government.
I think that is what you called as volatility or fluctuations. It's normal in financial markets, as there are different factors that affects them and more here in crypto due to how they are built (E.g. their supply is limited, they are decentralized, etc...). Standard cryptos are straight to the point, while the shady ones are the ones who have games. Once you figured out how to play them, that is how can gain a benefit of earning a huge profit out of your not-so-huge investment.

BTC is not a secret anymore and even some governments are already using it. There are other coins which are legit and good, so it's not wrong to try them but always prioritize BTC.
legendary
Activity: 3710
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www.Crypto.Games: Multiple coins, multiple games
June 06, 2024, 12:50:53 AM
#25
I feel like future of currency as well. I know that it is not making leaps on that front just yet, and it looks like between the fee that it takes and the time it takes for a single transaction, it looks like we are not going to get anything major. However, I would like to point out that we are going to have something that will be a little different, it is not going to be all that simple.

We should realize that as a currency it is a much better one than whatever we have, if we can solve those two issues then we are going to be doing pretty well. What we need to do right now is that we should be considering how to get a better feeling towards the period where things will not be easy at all, we should just see that as possible.
hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino
June 05, 2024, 06:56:18 AM
#24
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
In it there are various behaviors that make the market appear to have no clear pattern. They continue to spread their power to dominate it.
There are too many cryptos to mention. The crypto market is also full of games even though the fundamentals are said to be supported by historical data.
I only put my trust in Bitcoin which has a clear pattern throughout time and not in other types of coins even though some coins have been used by the government.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
June 05, 2024, 06:35:26 AM
#23
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.


People will still tend to use traditional assets because they think they are ideal for them. They can see what they are investing and also nothing thing traditional assets are still in a good way like investment in farms, real state etc. because they are still profitable. Well, the difference in crypto is much more volatile in crypto than these, and it takes a lot of days before gaining your return of investment. It's hard to please other people to invest in things they don't know, so Bitcoin investments are solely for those who know and appreciate it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 05, 2024, 05:04:07 AM
#22
I am very happy to see that the OP is once again taking part in regular discussion threads.

So bitcoin volatility over a year on any year scale stays under the 15% mark. Stocks usually are even lower.

When it comes to methods of spending, crypto is an easier option, but not legally accepted everywhere. This might improve in future and see cross border transactions happening without the parties getting themselves into trouble when converting it to fiat.

But traditional assets have maintain their position over the years. They are not gambling at all. I have been with the stock markets of my country for some years now and bitcoin over the last 7years, I take part in both and that is what I feel.
full member
Activity: 420
Merit: 120
June 05, 2024, 03:59:04 AM
#21
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

Blockchain is the technology, foundation for more developments and applications in future. Cryptocurrency and crypto projects are part of blockchain ecosystem. Bitcoin is a biggest piece and most important project in crypto ecosystem.

Your post is not wrong if you wanted to say about future potential for applications of blockchain technology into life and many industries. It turns to be wrong if you wanted to say about altcoin projects and their cryptocurrencies. Those coins or tokens if created from poor idea of those project teams, will not be used by community in a long run. They will disappear, die like many altcoins in the past and I disagree to say most of altcoins will have bright future.
sr. member
Activity: 618
Merit: 274
20BET - Premium Casino & Sportsbook
June 05, 2024, 02:57:05 AM
#20
It is true that big companies invest in crypto and earn huge amount of money. In particular, these institutions are most associated with Bitcoin, the most in-demand crypto in the current market.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
June 05, 2024, 02:45:57 AM
#19
the future of investment that is, while traditional markets are becoming more and more unpredictable (price driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

Everything is moving onto the Blockchain, companies are now interested in tokenizing their products because you get more publicity and investment when you are into cryptocurrency. Cryptocurrency is making things more transparent therefore investors are more interested in cryptocurrency. Companies can raise big amounts of money from cryptocurrency ard it is now the hottest things. Traditional market are becoming more boring as they are not entertaining but the cryptocurrency market has alot of volatility that interest investors and also present the possibility of making profits if you are a very good trader. Cryptocurrency are still more of gambling and this is among what makes it very attractive as investors can make life changing money investing in memecoin and other altcoins overnight which is not possible in the traditional markets.
mk4
legendary
Activity: 2870
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Paldo.io 🤖
June 05, 2024, 12:14:16 AM
#18
I could name a dozen things on how crypto is the future rather than just traditional markets being volatile lmao. Especially if you're referring to the GME thing, this event is mostly a once-in-a-while event. Crypto is still far worse when it comes to price being driven by marketing. At least with traditional markets there's a lot of real money being made by the stocks you can invest in.
sr. member
Activity: 784
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June 04, 2024, 04:42:29 PM
#17
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

One thing I will give and support in this is that bitcoin is clear fact and we can foresee how far bitcoin can go with the historical data collected about it thus far from its inception even though we cannot speculate the exact price it’s going to be at that time. Bitcoin has a clear path that it has been following and always obeying, making it one of the reliable investments to venture into in this unrealistically inflationary cycle and changing economy.
Bitcoin is backed by historical data and traditional assets cannot boast of one because of the changing economy that’s affecting them. But this hasn’t made traditional assets more of gambling or becoming gambling, the crypto assets are being seen for such purpose now than the traditional assets.
hero member
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June 04, 2024, 03:55:40 PM
#16
the future of investment that is,
It is.

And that's the reason why we're holding it because we know that someday many are going to realize that it has been a great asset that they have ignored long time ago.

We're still lucky that we got in quite early but this time, it's still quite early to say although the institutions are still there. There's more room to grow and improve for this market.

We haven't seen the peak yet but I guess that after a few years, we might be there. But forget about that for now because we're about to see the bull run this time.

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing),
Just as crypto, there are people that do trusts traditional markets and that's why many of them are staying stronger. And just as Bitcoin, they are here to stay.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 04, 2024, 03:49:00 PM
#15
traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

Traditional assets are influenced by actual economics, 99% of the crypto trading is influenced by tweets and pumps and dumps.
You will never see the shares of a car manufacturer to jump 500%  in a session because a football player has bought that band but you will see a shitcoin gain 5000% because some influencer endorsed it, crypto trading is pure gambling, you're gambling not just on the past but gambling on events that you imagine happening!

Besides, the whole thing is stupid, the world is such a big place If someone thinks that crypto  is going to suddenly be the main investment is highly delusional, people will always need something else, they need to eat they need to live in a house, and they need to work somewhere to get that money, crypto is still not even 0.1% of that!
hero member
Activity: 3080
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June 04, 2024, 03:42:27 PM
#14
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over.
Crypto is also unpredictable but if you're holding Bitcoin, you know where it is going. There is no other direction than going up for it and that's the reason why we all want to have it. The traditional markets, they're also volatile and all of the investments that we know have their own categories and risks that we need to take.

traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
No, it's not. Crypto is still more of gambling than the traditional one like real estate.
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