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Topic: Do you trust the market or the business owners? - page 5. (Read 4635 times)

sr. member
Activity: 2506
Merit: 368
If it is fiat then i would go for the business owners but if it is crypto i would go for Bitcoin, simple as that. Why would anyone want a centralized cryptocurrency where a decentralized digital asset like Bitcoin existed already? Most of us may choose the centralized one because the government told you they could protect your asset but on the other side, they were the one also who can take what is rightfully ours.
legendary
Activity: 3248
Merit: 1128
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
Sincerely speaking without being sentimental, both of them works hand in hand, I care about the project development and I care about the developers also and that is what makes a project a perfect one, you might trust the developer and then have nothing to offer through a quack project which will make you waste lots of money like some of us have wasted, and also, if the developer is bad with great project, they would also run away with the money, all they need to do is deceive us with a solid white paper and then get money  which we have seen lots of them around.

It is better we focus more on a project that will have both outstanding quality; this is the only way that existing investors can encourage new ones to come in often.  In any business, recommendation and referrals mattes a lot.
sr. member
Activity: 616
Merit: 250
For the market, of course I believe because it is true that the movement that occurs in the market or volume is believed by many people because it can experience an increase. regarding the investment business I no longer believe because there is already plenty of evidence that this is just a fraud that happened
legendary
Activity: 2520
Merit: 1040
Catalog Websites
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
Bitcoin has created and the world of cryptocurrency is born. Bitcoin is decentralized so I'd rather trust a decentralized coin like Bitcoin rather than those coins that is centralized.

On the other side, there are some centralized coins that have already earned the trust of the investors like Ethereum or Ripple or Litecoin but take note that anytime they can go away with the money they are holding.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

I would prefer something in between. That is, a Cryptocurrency, developers have no real powers over but has some sort of automated extreme price/dumping control system. Such system will protect the cryptocurrency from getting dumped and promote sustainable uptrends
hero member
Activity: 1470
Merit: 655
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

you have to be pretty mad to "invest" in any altcoins let alone in a centralized shitcoin like XRP that they only pump and dump for a short time.
for 10 years it has been proven that bitcoin is the only good thing to "invest" in because it has true potential that makes it go up in the long term.

altcoins are only good for short term and good for the day traders who participate in the pump and dumps for a short amount of time.
legendary
Activity: 2254
Merit: 1596
hmph..
I am not a fans of centralized nor decentralized. Because you ask about owner, of course i believe someone who responsibility of their project such as real project demo eervices or products. If it about market, sometimes i not really sure about the market. Because fast selling token periode on ICO or IEO doesn't mean that project is good. Many project claimed they got many investor but when start listing on exchange, their token/coin not have good volume.
legendary
Activity: 1820
Merit: 1485
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

Of course, decentralized currencies like bitcoin and ethereum will be chosen by many of us because of their superiority in privacy, speed of transactions and other factors that make everyone hold and trust, Ripple is also a good currency for investment, But it is not as popular as the Bitcoin nor as its market value, and bitcoin makes double the investment profit for its holders, not like ripple and other currencies.
member
Activity: 553
Merit: 11
Bitcoin is the spearhead of all crypto coins. So this coin will definitely continue to give surprises. As in this year that the price rises very sharply. I am always investing in Bitcoin and are always looking for centralized coins that have good potential for investing.

Speaking centralized coin, I think it can still generate great profits. Because this crypto is a very large industry and all the coins can have the potential to be a valuable coin.
full member
Activity: 770
Merit: 101
send and receive money instantly, no hidden costs
It seems to me that such a question is not needed on this forum. Most of those who come here opt for decentralization. And I choose that.
Of course, there are many projects (most on the Ethereum platform) whose assets are centralized. But this is still not comparable to BTC.
sr. member
Activity: 2618
Merit: 439
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
You should have change the title to “What do we choose Centralized currency or Decentralized”? Because it seems that those are the factor for choosing.
I prefer to still buy Bitcoin because I believe in privacy and not being controlled by anyone but us traders.
Government will always take a piece of cake in each time not like now that we are free to do everything  in our own control and nothing taken from us
hero member
Activity: 2814
Merit: 518
Yes, we are in the decentralized form of the market but some of the coins around are being controlled by a group of people which will affect the price as well. Though we wanted to be fully in decentralized but they are part of crypto existence and yet they are performing well and help the market alive. Either we like it or not, we just have to accept it. In fact, many traders and investors are using this centralized coins, it is also profitable indeed.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
Trust more on bitcoin and the rest to be used to bet on the centralized coin.  Grin
I always go for bitcoin first as the truly decentralized crypto which has stable growth and decentralized as the main guarantee and then goes to the centralized crypto but it's not as ripple that is the truly centralized crypto and im still prefer investing in another centralized coin.
hero member
Activity: 2842
Merit: 625
Crypto is known to be decentralized and that's why it's being loved by the people. But if you are into those kind of coins that are centralized, no one stops you from liking them but my personal preference would be the first one that describes bitcoin.

I have invested and waiting patiently for bitcoin's rise again. I don't care on how long it will take until it goes back to the top as long as I know what I do and I trust bitcoin more than any other altcoins that are centralized.
full member
Activity: 938
Merit: 105
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?
The most interesting part in crypto investment if we don't know what next, thus it preferred to be in investing decentralize coin than those coins that are being controlled by someone else. We can possibly get huge profits from decentralizing market if we are in the right timing, when to sell and when to buy.
But then, we need to be strategic trader otherwise, we still get nothing.
legendary
Activity: 3080
Merit: 1353
Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?

Where you would invest?

The answer is pretty obvious, people wanted to trade coins that are is nobody's control like Bitcoin. Nothing against Ripple, what we don't like centralised or bankers coin isn't it? Besides they have their own issue that up to this point are not resolved. So it's better to stick on a coin that it open and freely traded around the exchanges, wherein you don't know what will be the next price, and that is the beauty of it. Bitcoin trading is like a journey and others like it that way, IMHO.
full member
Activity: 720
Merit: 103
I invest where I can get the most profit.Bitcoin seems to me a suitable asset for this strategy.
full member
Activity: 566
Merit: 113
What is the purpose of investing or storing our money on cryptocurrency if, in the end, someone else is holding our own wealth as their wish?
there is no way we would let it right and I bet nobody is willing to do that either, we want to free ourself from the shackle and control our own wealth as our wishes.
sr. member
Activity: 1246
Merit: 255
considering the currency under the control of its developer, which could also be referred to as Centralized currency,the value only exists with the control of the developer as the developer defines it,the developer is free to adjust the worth of that value to meet certain funding obligations or goals, many which may be at the detriment of the user. but the decentralized it more trusted as it is insulated from just any environmental policy.
sr. member
Activity: 1078
Merit: 354
I do prefer decentralised coins, but I do like XRP as well, and I think it could be a major influence in moving crypto into the mainstream. This is the eventual aim after all, we all want crypto to succeed. I think at this early stage - and it is still early - we should look for any success we can get in moving towards mainstream.
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