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Messages - Phonometer

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1
Cryptocurrency discussions / Re: An Era of Sorrow for Crypto
« on: January 10, 2023, 09:03:49 AM »
Crypto is experiencing its all time defame. I think the creators of popular systems have forgotten to manage the system properly.

2
The Russian president Vladimir Putin's invasion of Ukraine has had a significant impact on the cryptocurrency market. The value of bitcoin and other cryptocurrencies have fallen since the beginning of the year, as investors worry about potential government regulation.
Bitcoin was worth around $1,200 at the start of 2017, but has since fallen to around $750. Ethereum is down by almost 50% from its all-time high in January, and Ripple's XRP token is down by more than 60%.
Some experts believe that this fall in prices is due to investor concerns over Russia's involvement in Ukraine and potential future actions against other countries with strong crypto economies - such as China or South Korea.

3
That’s not going to happen anytime soon. We can’t be sure of the future (in years or decades from now), and the chances of altcoins taking over Bitcoin are pretty bleak.

4
It's nearly impossible to determine if Crypto has hit its bottom. However, there may be a chance that prices will decrease further given the market's numerous uncertainties. It's crucial for crypto investors to take precautions.

5
The problem now is not that the cryptocurrency can be hacked from our wallets, but how stable it will be in the future. It will be possible in the future to pay for goods with the conversion of any cryptocurrency.

As it is still a novelty, issues are bound to arise, but I think we should give it more time. Can’t go back to old methods now. Crypto is a reality and for that, we need solid wallets.

6
Cryptocurrency is relatively new and not well-regulated, criminals are always looking to take advantage of crypto gamers via hacks and scams. Just because a game’s underlying blockchain is secure doesn’t mean its engine or marketplace is secure. Digital wallets that store crypto gaming tokens can also be hacked or mishandled.

People on both sides are trying their best, and in their tug of war, common people like you and me are the real beneficiaries. Digital wallets can be hacked or mishandled, agreed, but so are the banks. Layered security along with some commonsense is the need of the hour.

7
I am also interested in knowing methods of integrating cryptocurrencies into my payment options. Unfortunately crypto integration by banks is banned in my country, so what options amongst these bypasses traditional banking payment?

Which country are you residing in?

8
So, I have been in search of some of the easiest methods to accept crypto payments as an ecommerce merchant. I started off with sharing my wallet address with clients who were interested in making payments in crypto. But now as my client base has increased, keeping track of the payments has become difficult. I have more customers who are willing to pay in cryptocurrencies. So, I decided to search for an alternative way and came across these two methods that I have mentioned below and the payment gateways that I found reliable:

API integration

This is one of the easiest methods to accept crypto payments as a business. You can easily integrate the crypto payment gateway to your website and clients will be able to make payments using that gateway. I will also mention some of the low fees merchant account service providers who provide API integration solutions to their users to accept crypto payments on their business website.

CapitalWallet

Regulated and registered with FIU
Lower fees of just 0.5% per transactions
Lets you secure your wallet with multiple signatures and 2-FA

Coingate

Secure and easy API integration
Only 1% fees per transaction
Also provide Plugins and payment buttons
 
Plugins and payment buttons

Plugins and payment buttons are also an option you can consider for accepting crypto payments. Some of the popular gateways that provide installable plugins and payment buttons are listed below.

Cryptopay - 1% fees (also provide API integration)
Coinspaid - 0.8% fees
Spicepay- 1% fees

So, these are the two methods that I found the best and easiest but I am open to know about more methods that can be used to accept crypto payments.

9
The volatility makes it unpredictable. One can never say when the market will recover or go down more.

10
Cryptocurrency Trading / Re: Best coin for Trading
« on: November 21, 2022, 11:19:18 AM »
Bitcoin is here to stay in the market. So, why not buy it at a low price and then sell at a high price when everything is back on track.

11
Cryptocurrency Trading / Re: Long term and short term trading
« on: November 18, 2022, 10:37:28 AM »
Long term trading seems to be a better option at the moment. The market is going down and it’s better to wait for it to bounce back than to sell your cryptos to the whales.

12
Sorting Box / Re: What happen to your wallet/token after death?
« on: November 11, 2022, 09:28:52 AM »
In case of a sudden tragedy, note down the access information on a piece of paper and keep it safely tucked away and only tell one person who you really trust with your investments, it could be your spouse or anyone from your family.

13
I think it’s a great time to buy cryptocurrency and hold for the long term. The market may be down but it will pick up, you will profit in the long term investments. So, go ahead and invest in crypto!

14
Cryptocurrency discussions / Re: How are you when the market turn to red?
« on: November 10, 2022, 11:04:19 AM »
There's no need to panic if you find yourself in the red zone when it comes to investing in cryptocurrencies. The market is notoriously volatile, and prices can go up and down without warning. However, this doesn't mean that you should avoid investing in cryptos altogether. Just be sure to do your research and only invest what you can afford to lose.

15
Cryptocurrency discussions / Re: Crypto currency is all about HODLING.
« on: September 09, 2022, 09:42:03 AM »
Cryptocurrency is all about holding on to it and waiting for the right time to sell. It's a digital asset that can be used as a medium of exchange, but it's also a speculative investment. Like any investment, there's a risk involved, but the potential rewards are huge. If you're patient and you hold on to your cryptocurrency, you could see a huge return on your investment.

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