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1
Basically, crypto loans let you get cash without selling your digital assets. That means you can keep your investments intact and avoid taxes.The cool thing? You can use the borrowed money for anything—investing, bills, or even spreading out your crypto investments. Plus, since the loans are backed by collateral, lenders take less risk, offering better rates.

They don't offer better rates at all! Take nexo for example:

Quote
6. What is the interest rate on my loan?
The loan interest rate depends on your Loyalty Tier, which is determined by the ratio of NEXO Tokens against the rest of your portfolio balance:

Base  – 15.9%
Silver  – 14.9%
Gold  – 10.9%
Platinum  –  7.9%
Those are higher than what my bank charges!

Second, there are risks you don't have with traditional assets, let's assume a flash crash for your coins, if BTC drops to 40k for a day and then back up, you're getting liquidated at 40k and the next day you look at your former collateral being worth 50% more.

Third, the risks, you're giving a platform more money than they give them, so if the platform gets hacked you've lost a lot of money for that loan.

Fourth, remember Celsius??
2
From where I live, it isn't that easy. That's why I don't try to. I am mainly based in rural areas, and here, the adults aren't that aware of Bitcoin or any other crypto currency or any related stuff. If I try to, they will think I'm doing something illegal or bad. My relatives, my neighbors, and even my friends don't know what I do. I don't want them to have mixed feelings. I tried once, but it didn't work. And the biggest issue is that crypto is banned here. So nobody wants to mess with the authority. You sure understand my place isn't that convenient to discuss or convince people about Bitcoin.
3
Bitcoin Forum / Re: Halving likelihood to be in red?
« Last post by alltalk on Today at 05:38:01 PM »
Bitcoin has reached its new ATH prior to the halving but that was just because of Bitcoin ETF approval as well as due to bull season but I don't think that we will not see another ATH after halving. Keep calm because movement takes time whether it's a negative movement or positive movement.
Yep, one of the factors that Bitcoin can reach a new ATH very early is caused by the approval of Bitcoin ETF. But the new ATH isn't very significant, it is only around $73k. The previous ATH is about $69k, so the difference is $4k only. I think it is not the last ATH in this bullish season. It is too small increase for a new ATH. Why you are so confident to say "no ATH anymore" after the halving? What's your strong reason?

You will also have heard that in previous years ETF effects were not there but now if we have seen good price movement before halving then that was the effects of ETF because halving did not happen that time so wait for halving effects.
It is clear that the effect of Bitcoin ETF won't last a long time. I think we don't need to relate this to the price movement anymore. Even if there is a new issue on Bitcoin ETF, I think it won't bring significant impact again. I think we are better to monitor another issues, a new issue may bring big influence.

4
Bitcoin Forum / Re: Halving likelihood to be in red?
« Last post by Aanuoluwatofunmi on Today at 05:37:48 PM »
What if the early stage of this halving would be similar to ETF approval.

We cannot predict neither concluded yet since the market is known by itself to be a very volatile one especially after the halving, it can happened that we had a similar experience like that of the bitcoin spot ETF whereby the market plummet after the approval to later rises more higher, let's see if the same experience get unfolds in this one as well, even though the chances for that is 50 by 50 why I said so is that it may tarried before the market rises to another new al time high, except if reverse is the case, this month of May will reveal everything to us
5
Nigerian Languages / Re: Yoruba Language.
« Last post by SmartGold01 on Today at 05:36:08 PM »
This could be hard to maintain many languages over here and most times it could be better you post in pidgin English (Broken) and this could be tough for people to interact with you all where by making every to be much complex for the reader since people had already agreed to be using two languages (Simple or pidgin).
6
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« Last post by Agbe on Today at 05:35:48 PM »
The two are good if you can do the two and if you have money to do them. But I prefer investment (, hodling) to trading because the risk in investment is minimal while the risk in trading is very high. Many traders chase their lose when they lose and in the process they lose more. But in investment you buy and hodle till the bull market or the ATH and sell them. But you need extra hustling to keep you investment save. And as you said if the trader is good then he can make profit every day and can even use the profit to invest.
7
Ethereum Forum / Re: SEC May Deny Spot Ethereum ETF In May
« Last post by Stompix on Today at 05:35:10 PM »
I can't say but it depends on how ethereum community lobby SEC. Those motherfu**** are crook and they understand nothing than money

And you think people lobbying for the ETH ETF are different?
It's a story about the pot and the kettle, why would you lobby for an ETF unless its about money, if they would care about crypto it will all be not your keys not your coins, ETF are as far as decentralization could go, do you think Satoshi would be thrilled about the Bitcoin ETF?
Be honest!

If the ETF companies wait and continue to pressure them and they don't comply, I think the have to do it the conventional way of going to the court and because court is transparent and quick when it comes to actions of SEC activities, they don't have no choice but to approved Ethereum ETF quickly.

Again, no court can force the SEC to approve a new ETF!!!
The SEC is an independent federal agency, no judge can force an agency to take decisions, they can only force the SEC to stand by its own prior decisions.

So let's assume you have a gold ETF, you have the same paperwork as another company that gets rejected the other one is approved, you can go to court and force them to reevaluate your admission. Now let's assume you have a meme ETF, the SEC rejects it, and you CAN'T take the SEC to court of a first refusal!

To put it simply, you can take a police officer to court for handling a ticket if you think you weren't going that fast, but you can't sue the police in court for enforcing that limit, you need to take the road authority or the city council in court for that!

2. What I'm interested in is how the SEC would deal with large institutions like BlackRock if it rejects ETH Spot ETFs. At the same time, the SEC would no longer be able to continue refusing to talk about the nature of ETH.

They can do that as they see fit, as long as they don't approve a single one or let a single chapter of the application close they can go like this till 2100, again it's and independent body that by law has the right to regulate it, no court can force decisions on them unless they attack based on a precedent, and there is no such one!
8
- Депозиты BTC в интегрированные проекты: Ferrum Network внедрили новый механизм для поддержки депозитов BTC. Теперь пользователи могут назначить прокси-адрес, отправив BTC на указанный адрес. Этот прокси позволяет пользователям контролировать активы на EVM-аккаунтах проектов, интегрированных с Ferrum Network.

-Ferrum Network успешно разработали доказательство концепции для совместимости EVM с цепочками без EVM, функционирующее как решение второго слоя

- MultiSwap был успешно запущен. Платформа была тепло принята пользователями, которые высоко оценили ее низкие сборы, нулевые сборы с протоколов и конкурентоспособные ставки свопа

https://twitter.com/FerrumNetwork/status/1780244683358147072
9
মিয়া আপনি অনেক দেরিতে দিসিলেন এটা আমারে। যেই কয়দিন করছিলাম সেই কয়দিয়ে যে পরিমাণ নটকয়েন জমা হইছিল তা দিয়ে একটা ভাওচারও মিন্ট করার মতোও এমাউন্ট করতে পারিনাই। রিসেন্ট একটা পোস্টে দেখলাম একেকজন নাকি ১০০০-২০০০ ডলার সমপরিমাণ টোকেন মিন্ট করছে, লল।

যেহেতু এসব এয়্যারড্রপ অনেক লম্বা সময় নিয়ে কাজ করতে হয়, বেশিরভাগ মানুষ একটা সময় এসে ধৈর্য্য হারিয়ে ফেলে। আর ১০ টা প্রজেক্ট এ কাজ করলে ১ টা প্রজেক্ট থেকে পেমেন্ট পাওয়া যায়। সত্যি বলতে আমি চাই না মানুষ আমাকে বিশ্বাস করে এমন প্রজেক্ট এ কাজ করুক যারা পেমেন্ট দিবে না। তবুও এটা চাইলেও আমি পারবো না। ইন্টারনেটে বেশিরভাগ প্রজেক্ট পেমেন্ট করে না। আমি দেড়ি করেছিলাম কারন আমি জানতাম ই না যে আপনি ইন্টারেষ্টেড কি না।

ভাউচার আমিও একটাও মিন্ট করি নাই। তবে আমি নট হিসেবেই রেখে দিছি যেটা লিষ্টিং হওয়ার পর হয়তো ক্লেইম করা যাবে। এখনো মনে হয় ক্লেইম অপশন এভেইলেভল হয় নাই। তাছাড়া আমি বেশ কিছু এয়ারড্রপ এখনো ফার্ম করছি। আশা করছি এগুলো থেকে পেমন্টে পাবো।
10
General Discussion / Re: Have you won anything online?
« Last post by robelneo on Today at 05:28:49 PM »
If you include winning on online casinos yes I did many times and I cannot count how many times I won but behind those winnings are also huge amounts of losses which I also forgot.

It's always a great feeling to win something but for you to win you have to take risks, and those risks are betting money or making a lot of effort.
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