Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

Cryptocurrency is not as easy as you said with making profits because a lot of coins was created into the market to scam people who likes to invest little and expect big returns within a short period of time. Bitcoin is not the only cryptocurrency that volatility affects her price because altcoins have higher volatility than Bitcoin and their price can increase x1000 and dump in notime without recovering. But bitcoin is not the same because whenever it dips, the price recovers and pump higher than the initial price.

AW's lawyers must be top tier and paid handsomely. Too bad that the victims cannot continue pursuing the case on US due to jurisdiction. I read that the Police in Estonia had conducted their own investigation on the hack but I have not seen an update yet. I don't know if they are well-equipped to handle this type of cases.

They are not yet off the hook only on the US territory, unfortunately for US users, but they should be held accountable for the losses of their users, Is there a possibility of appeal here as this is injustice done to their US users.

This is another classic example of not using a close sourced wallet, its time that we shutdown down these close sourced wallets, users are at a disadvantages using this type of wallet.

Quote from: doc on September 10, 2024, 07:20:27 AM

Talking about the risk of altcoin is indeed higher than bitcoin, but if we buy altcoin which is top coins, it seems the risk is also not high because it has been proven to survive until today, especially old coins. Because by buying coins that have been proven and have a large community, we can get higher profits than bitcoin.

Well yeah true and that was way more practical due to it's cheaper price compared to Bitcoin but the thing is that they are all following Bitcoin's price action but profits can be very good with Altcoins to be honest because they tend to move more depending on what trend Bitcoin is heading.

Indeed, altcoin moves following where bitcoin will move, that is one of the basic things we know, experience speaks here.

Actually, it is quite simple, we can invest in both and that is what I do. When there is an opportunity in front of our eyes, then it is our choice whether to take advantage of it or not. But if we do not take advantage of it, then it will be very unfortunate, because we will certainly regret it later.

I think according to my assumptions and looking at the previous period in 2021, it can be concluded that the latest ATH from BNB is not impossible to reach $2K, Because looking at the experience of 2021, which increased several times from before and can be done by BNB, and it is not impossible that BNB will be able to do it for the 2025 period, although many may doubt it and that's natural.

I think every prediction about future token prices is reasonable and possible because it could totally happen in the future. The only prediction that seems impossible is BNB market cap surpassing BTC/ETH market cap in this bullrun ^^

Currently, analyzing the BNB price chart seems quite boring while the market continues to be in the accumulation phase. I'm just waiting for the movement of big trends in the market to come to the BNB chain, such as AI, RWA, and DeFi. Those are the key drivers to make the BNB chain ecosystem become more vibrant and boost the price increase of the BNB token in the bullrun 2025.

If I live in America, Trump stans on crypto is not enough to vote him. I should be checking for other things that affects the country and his international relationship ideology.
But now I'm not an American and don't live in America, if I could cash my magical vote. I'll give it to Trump if he promised to make crypto friendly policies.