Topic: How safe it is to invest in cryptocurrency - page 13. (Read 2413 times)
For me, it’s safe to invest in cryptocurrencies if the wallets, exchanges and platforms that we’re using are “safe” and respects “privacy” no matter if it’s Bitcoin or any altcoin out there. But when it comes to the cryptocurrency’s history, reputation, market capitalization, trading volume, etc., “safe” isn’t the word of choice because of the market volatility and has unpredictable movement.
Don't confuse between cryptocurrency and Bitcoin, Bitcoin is one of cryptocurrency and most of cryptocurrency is shitcoins. If you wrote cryptocurrency then I assume you're talking about shitcoins.
Most of shitcoins is centralized since it's easily to be manipulated, some of them were fully 100% centralized like Bank. Now you're talking about Ukrainian and Russian citizens, you said their monetary in crisis instead Bitcoin is the solution for them. How they can use Bitcoin when their stores didn't accept it yet?
Most of shitcoins is centralized since it's easily to be manipulated, some of them were fully 100% centralized like Bank. Now you're talking about Ukrainian and Russian citizens, you said their monetary in crisis instead Bitcoin is the solution for them. How they can use Bitcoin when their stores didn't accept it yet?
I would rather say that Bitcoin is a decentralized way of saving money, once a vast majority of other cryptocurrencies (so called shitcoins) will make you lose money in the mid/long term.
Who really cares about Bitcoin and understands how different it is compared to the fiat system, also understand the importance of hodling it. Those who are seeking for the quick buck will get into the other coins, trade, etc, and will eventually win and lose money over time, but in the long run, I believe most of those coins will have little to no value.
Who really cares about Bitcoin and understands how different it is compared to the fiat system, also understand the importance of hodling it. Those who are seeking for the quick buck will get into the other coins, trade, etc, and will eventually win and lose money over time, but in the long run, I believe most of those coins will have little to no value.
Cryptocurrency is a decentralized means of saving money. Many have embraced bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
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