10 things ive learnt while investing in Crypto
10 Things i have learnt in the 1.5 years i've been in crypto.
Bitcoin is king. Sure BTC might be old and slow but its also the most decentralized which for governments and large companies is the most important thing. Money or store of value needs to be extremely decentralized. Bitcoin is also by far the most well known. BTC will be king for a long time to come.
Blindly investing in alts or ICO's and making bank is no longer a thing, this ended a while ago.
Crypto is still way off from mass adoption. Right now i can pay for anything instantly, free, anywhere and no passwords required with my bankcard, With cypto this isn't possible yet but the community is working on it. Most people dont care about finance as long as it works and its easy.
Im a EOS fan boy. EOS is the best crypto i have used along with Steem i feel these to coins are miles ahead of the pack.
I have gotten over the fact i could of been a millionaire if it wasnt for the stupid exchange rejecting my id when bitcoin was at $400 then me getting lazy and forgetting about it. thinking about it i haven't :S.
You cant win gambling full stop. I have known this all my life i still gamble within reason as its fun just wanted to add this as to many people think with the right "system" they can profit from gambling, you cant not with crypto or casino's.
People cant handle criticism of there favorite Altcoin.
Watching the live stream of the near flippening of Bcash and Bitcoin was crazy.
Why do people think ripple will go to 500 or 1000 dollars? seriously thats a multi trillion dollar market cap its not going to happen.
All this crypto cartel or people manipulating Bitcoin etc is way over blown. The reason people the prices are falling is obvious people are selling and its not longer the flavor of the month.
Trybe: A new blockchain focused social media, Made by an Aussie get 100 tokens for signing up
http://trybe.one/ref/773/
Cryptoslice Facebook
https://www.facebook.com/cryptosliceaustralia/
This is not professional financial advice please do your own research before making any investments.
Ico's are shit,people learned from mistakes finally.But you can still make good money on trading shitcoins.
Its possible but hard
How can anyone be so wrong in one post! ........... Just kidding .......shit stirring is fun :D
haha nearly got me :P
Voted for this article on all networks. All well said!
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Thanks man :)
Hm, so you are eos fan boy. Maybe you can answer, the ono need invite, or how can i register up there? The webpage is lil' mess, and not so clear for me.
i signed up ages ago and back then you did need an invite code which i found in the comments on google play. and its only on mobile phone not desktop. thats why the site is unclear. hope this helps
Ahm, okay, i tought, have desktop platform too. Thank you for the answers!
Good points, agree to all!