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Messages - owmivmen

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61
Bounties & Rewards [BOUNTY] / Re: 🟥[BOUNTY]🟥 Aqua Tank - PLAY-WIN-EARN | SIGNATURE | $50 000 Pool in tokens|
« on: August 21, 2022, 06:00:42 AM »
Week#: 3 (15/08-21/08)
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62
Cryptocurrency discussions / Re: What do you think about the future of this uptrend?
« on: August 21, 2022, 05:53:34 AM »
there seems to be a slight difference in the upward trend this year due to inflation and war factors this year. different from the previous bullrun which took longer than this year. If the crypto market is more bearish this year, I am ready to accumulate buying and investing

63
Cryptocurrency discussions / Re: What I think about bounty payment?
« on: August 21, 2022, 05:49:15 AM »
has now implemented escrow to ensure the project pays the bounty participants. it's just that the coins or tokens will be of value or not when they are on the market. no one can guarantee and promise they will be successful

64
Cryptocurrency discussions / Re: People changing cryptocurrency?
« on: August 21, 2022, 05:43:58 AM »
decentralization is what crypto was created and used for. centralization is only an option and not too dominant in crypto. the change is only limited to the community who wants it without having to change the function of crypto

65
Cryptocurrency discussions / Re: During Dip, Mostly Newbies are Panicking
« on: August 21, 2022, 05:38:30 AM »
price dip is the best opportunity to buy and get cheap price. no need to panic and keep good money management while buying and investing in crypto. only advice and no compulsion to buy

66
Cryptocurrency discussions / Re: Will scams and Rug pull ever stop
« on: August 19, 2022, 05:13:40 AM »
scams and fraudulent acts will never end as the crypto industry continues to grow and generate new projects. only need to study and research before investing to avoid the risk of loss

67
Cryptocurrency discussions / Re: How does inflation affect crypto?
« on: August 19, 2022, 05:04:59 AM »
Quote from: mohdelayo on August 11, 2022, 09:51:35 PM
Quote from: owmivmen on August 10, 2022, 09:22:26 PM
Can you explain why inflation has such an effect on crypto? If I see that crypto is made to fight inflation and why do crypto prices seem to be going down when it is inflation?

I'm my own understanding, inflation as a monetary situation causes the value of products and services to go high, thus leading to an increase in the cost of living. This kind of situation will make companies and individuals to liquidate their cryptocurrency positions in order to ease their lives, this consequently dumps the market.
isn't that just like liquidating an investment? is there any other option besides liquidating the investment during inflation? I think deciding it's really hard to do now

68
Cryptocurrency discussions / Re: What are your plans with your crypto assets after death?
« on: August 18, 2022, 09:40:54 PM »
I have a wife and only my wife knows all the keys of my wallet and market account. I've taken that into consideration so that my assets are safe and put to the best possible use when I die. I have nothing to worry about with that problem

69
Cryptocurrency discussions / Re: which crypt is now profitable to invest?
« on: August 18, 2022, 09:36:58 PM »
More research before buying or investing is an option that must be prioritized. If you are talking about altcoins, I recommend using ETH and BNB because both are very easy to hold in a wallet and the wallets that can be used vary widely.

70
Cryptocurrency discussions / Re: High rate of hacks
« on: August 16, 2022, 09:58:02 PM »
the more hacks on a platform the more changes will be made in the future. developers will improve security and find out the weaknesses in a system. if there is no such thing as hacking, we will not know if the platform is safe and reliable to use

71
Cryptocurrency discussions / Re: cryptocurrency is one of the best long-term investments is it?
« on: August 16, 2022, 09:51:16 PM »
Historically cryptocurrencies provide higher returns than other investments but you have to be mindful of the risks as well. Crypto values ​​and prices are very volatile and you should understand before investing in cryptocurrencies

72
Cryptocurrency discussions / Re: How does inflation affect crypto?
« on: August 11, 2022, 09:29:40 PM »
Quote from: mu_enrico on August 11, 2022, 03:36:50 PM
Since cryptocurrencies behave like a high-risk asset, let's say like stocks, it will follow the same principle. One of which is if the Fed raises interest rate, the stock market tends to decline. This is because bank saving interest will be more appealing, since it's still risk free! Why I talk about the interest rate when the question is about inflation? Well, the Fed adjusts the interest rate based on the inflation rate, higher inflation -> higher interest.
I understand and it has something to do with the interest rates raised by the FED at this time. If the FED continues to raise interest rates will the crypto market weaken? I see US and FED control the crypto market now

73
Cryptocurrency discussions / Re: How does inflation affect crypto?
« on: August 11, 2022, 09:24:37 PM »
Quote from: Hope4life on August 11, 2022, 12:28:28 PM
What happened we can see from the collapse of Luna caused by People buying UST drives the price up, and UST being burned during its exchange to luna deflates the supply. It causes inflation in Luna tokens and affects the crypto market
I mean it's like the US is currently experiencing huge inflation, even the biggest in their history. Is the dominant investor only from the US?  as you know crypto was created in addition to decentralization and as a counter attack inflation in a country. is this still the case?

74
Cryptocurrency discussions / How does inflation affect crypto?
« on: August 10, 2022, 09:22:26 PM »
Can you explain why inflation has such an effect on crypto? If I see that crypto is made to fight inflation and why do crypto prices seem to be going down when it is inflation?

75
Cryptocurrency discussions / Re: WHICH IS BETTER ETH or BNB???
« on: August 10, 2022, 09:19:09 PM »
ETH is better when compared to how much a project is worth on the eth network. BNB is better at cheap fees and faster to send or transact only.  In conclusion, both have their own advantages and uses

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