The future of Crypto
Dec 13, 2021 at 01:20
momo3HC posted:AliaDare posted:
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
It can`t be pumps all the way so that`s not a problem. Patience is the key.
Of course, any platform that says forex market or crypto market should be tested. Otherwise profit cannot be made.
Member Since Jul 25, 2020
9 posts
Jan 27, 2022 at 20:49
I think that nothing bad will happen to cryptos. Some pessimists say that cryptos have no value and they are bound to disappear as any market buble. I don’t share this point of view.
First, I would like to say a couple of words about value. I think that today commodities only have real value. The rest is represented by various derivatives and fiat money. You know fiat money is actively printed and it greatly contributes to inflation. Long gone times when money was associated with something real or to be exact with something that had real value such as gold or silver. You probably know that earlier money was backed by gold. Later governments decided to terminate that relationship and money became papers. In this regard, crypto don’t seem so bad. Perhaps, a lack of regulation and support by the government is the only “sin” of cryptocurrency. In other regards cryptocurrency dares to compete with fiat money. Why not? You see that people hold cryptos on their crypto wallets, exchange this stuff for fiat money and use cryptos to pay for products and services online. So, I think that it’s already too late to ban cryptos. They will remain. Perhaps, they will become regulated but I think it will not happen soon.
First, I would like to say a couple of words about value. I think that today commodities only have real value. The rest is represented by various derivatives and fiat money. You know fiat money is actively printed and it greatly contributes to inflation. Long gone times when money was associated with something real or to be exact with something that had real value such as gold or silver. You probably know that earlier money was backed by gold. Later governments decided to terminate that relationship and money became papers. In this regard, crypto don’t seem so bad. Perhaps, a lack of regulation and support by the government is the only “sin” of cryptocurrency. In other regards cryptocurrency dares to compete with fiat money. Why not? You see that people hold cryptos on their crypto wallets, exchange this stuff for fiat money and use cryptos to pay for products and services online. So, I think that it’s already too late to ban cryptos. They will remain. Perhaps, they will become regulated but I think it will not happen soon.
Jan 30, 2022 at 16:31
AliaDare posted:momo3HC posted:AliaDare posted:
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
It can`t be pumps all the way so that`s not a problem. Patience is the key.
Of course, any platform that says forex market or crypto market should be tested. Otherwise profit cannot be made.
😄I don`t trust even myself so what about any others.
momchil_slavov@
Member Since Jul 20, 2020
385 posts
Feb 02, 2022 at 07:53
momo3HC posted:AliaDare posted:
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
It can`t be pumps all the way so that`s not a problem. Patience is the key.
100% there has to be ebbs and flows in a market. Buyer and seller pressure. It has always been this way with any instrument. Patience is so key
Member Since Apr 09, 2019
516 posts
Feb 14, 2022 at 10:31
Exactly, no market is linear. It's simply not how any market works long term.
If you can't spot the liquidity then you are the liquidity.
Member Since Feb 17, 2022
3 posts
Feb 17, 2022 at 15:50
Two weeks ago I invested in YoFarm, which is the native crypto currency on Yobit. By providing liquidity it has been paying me about 1-2% daily, which is over 365% APY and is nice income. Yobit has been around since 2014. What are you thoughts?
Feb 20, 2022 at 12:56
CraigMcG2020 posted:momo3HC posted:AliaDare posted:
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
It can`t be pumps all the way so that`s not a problem. Patience is the key.
100% there has to be ebbs and flows in a market. Buyer and seller pressure. It has always been this way with any instrument. Patience is so key
Absolutely.
momchil_slavov@
Feb 23, 2022 at 14:24
Man, considering the way crypto has evolved over the past two years, I think most of our thesis regarding this market isn't good anymore. What annoys me the most are people who keep on asking if crypto has any future. Man, bitcoin reached the level of 60.000 dollars during the past year, and you are still doubting it? Seriously? Besides that, some people don't understand that crypto is not only about Bitcoin. Many other altcoins are worth it.
Member Since Mar 17, 2022
46 posts
Mar 29, 2022 at 08:03
Cryptocurrency is definitely here to stay as it is backed by Blockchain Technology. It is the future. But it is unlikely that the currency will be directly used in day to day transactions. Rather, it will be used to store value. It will be used for trading, but the actual transactions would happen in a regular currency...
Mar 31, 2022 at 20:54
Commonition posted:
Cryptocurrency is definitely here to stay as it is backed by Blockchain Technology. It is the future. But it is unlikely that the currency will be directly used in day to day transactions. Rather, it will be used to store value. It will be used for trading, but the actual transactions would happen in a regular currency...
I don't mind this. After all we don't use gold to pay but we use it as a store of value. 😉
momchil_slavov@
Apr 14, 2022 at 04:19
The future of crypto currency is bright. Most of the big players in the tech industry are exploring the possibility of using Bitcoin as an alternative payment method or as an add-on to their current payment system. In the future, you will see Bitcoin accepted in stores and other places, no differently than using a credit or debit card.
Member Since Jan 20, 2022
30 posts
Apr 25, 2022 at 10:36
As we all have witnessed large scale fluctuations in the past few months, it is difficult to predict the price directions of the crypto market currently. However, several well read analysts are sure about the rise of cryptocurrencies by mid 2022.
May 04, 2022 at 11:09
ceceliagreerr posted:
As we all have witnessed large scale fluctuations in the past few months, it is difficult to predict the price directions of the crypto market currently. However, several well read analysts are sure about the rise of cryptocurrencies by mid 2022.
I can't see it before the end of 2022 at early.
momchil_slavov@
Member Since Apr 09, 2019
516 posts
May 19, 2022 at 12:13
Based on what though? Bitcoin is driving market price as it always has done and looks bearish for now.
If you can't spot the liquidity then you are the liquidity.
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