Why should investors care?

[bayu7adi]

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.

Ethereum's position as number one among other altcoins is proof that this blockchain is undoubtedly credible... we can see many services similar to Ethereum but they cannot survive longer, thus this is proof that Ethereum has more powerful blockchain technology.

The meaning of decentralization is truly well implemented in Ethereum's blockchain network. Until now, I also believe that nothing is 100% perfect, which means it is natural that there are still some doubts about even the most advanced blockchain technology... and Ethereum has a better level of trust than other blockchain technologies, but that doesn't mean it is the most perfect.

[ajiz138]

Ethereum's position as number one among other altcoins is proof that this blockchain is undoubtedly credible... we can see many services similar to Ethereum but they cannot survive longer, thus this is proof that Ethereum has more powerful blockchain technology.

The meaning of decentralization is truly well implemented in Ethereum's blockchain network. Until now, I also believe that nothing is 100% perfect, which means it is natural that there are still some doubts about even the most advanced blockchain technology... and Ethereum has a better level of trust than other blockchain technologies, but that doesn't mean it is the most perfect.

I agree with you that there is no guarantee that 100% is really safe, all have their own advantages and disadvantages, and it is our job to see which platform is the safest so that it makes us calmer in using it.

When talking about security, we will all say the same thing, which is to want to be safe. However, we also play an important role in maintaining that security. So everything must be balanced and we must understand all of that.

[Bobcrypto]

FTX was a big exchange guaranteeing it's users safe funds but it didn't last. If only looks like a small exchange that turned scam in the end.Its still not a safe platform but same with Binance, although it had been around for so long we may never know when it will become a scam.

But mind you the world is not becoming decentralised. It's turning centralised bit by bit and regulations from government progress.

I am sure FTX has no own blockchain networks, I think FTX token was launched on the etheruem blockchain as an ERC20 token. Ftx is the native token of it's CEX exchange
platform.
Binance coin, BNB is the native token of the Binance smart chain network and also used as the native token of it's CEX exchange. I have not heard of Binance chain hack or that investors are complaining of the safety of their funds.
However, BNB chain is a POS consensus, but it is widely known that POW blockchain are stroger in term of security and safety of investors funds.
 

[densus88]

Ethereum's position as number one among other altcoins is proof that this blockchain is undoubtedly credible... we can see many services similar to Ethereum but they cannot survive longer, thus this is proof that Ethereum has more powerful blockchain technology.

The meaning of decentralization is truly well implemented in Ethereum's blockchain network. Until now, I also believe that nothing is 100% perfect, which means it is natural that there are still some doubts about even the most advanced blockchain technology... and Ethereum has a better level of trust than other blockchain technologies, but that doesn't mean it is the most perfect.

I agree with you that there is no guarantee that 100% is really safe, all have their own advantages and disadvantages, and it is our job to see which platform is the safest so that it makes us calmer in using it.

When talking about security, we will all say the same thing, which is to want to be safe. However, we also play an important role in maintaining that security. So everything must be balanced and we must understand all of that.

That is the function of risk management in investing in crypto, because we have to analyze every coin we buy and take the safest risk so that we don't lose our money in investing. because in investing we will always be faced with risk, but as investors we have to take the smallest risk. many new projects and new coins offer greater profits, if we have the knowledge and experience we can take that risk.

[albon]

They have a large community with core protocol developers, cypherpunks, crypto economic researchers and mining companies. It aims to eliminate internet third parties who store data and track financial instruments. ethereum is a native blockchain platform with its own cryptocurrency called eth. But we are never 100% risk free because fraud rate in crypto is more than 100%. However, digital signatures are used in this technology to make fraud free transactions from ethereum. Anyway, not allowing any change or manipulation of user data without notification makes it more reliable.

[Agbe]

.

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.

off cause with allot of blockchains out there their is also a high probability of some falling below standard and some can also be scam so it's left for investors to invest in Blockchains that are tested and trusted by crypto enthusiastic over a period of time as it will if not there are some that when you put your money it may give you concern about you getting your money back, Blockchains like Ethereum have been tested and trusted over a period of time so when doing investment with them there's no concern about safety of your investment

[Tribalchief]

~snip

off cause with allot of blockchains out there their is also a high probability of some falling below standard and some can also be scam so it's left for investors to invest in Blockchains that are tested and trusted by crypto enthusiastic over a period of time as it will if not there are some that when you put your money it may give you concern about you getting your money back, Blockchains like Ethereum have been tested and trusted over a period of time so when doing investment with them there's no concern about safety of your investment

Interesting, but if investors chooses tested and trusted over the none tested and trust blockchain projects, what room will other new Blockchain have to make exploit because I assume that they will definitely need some fundings(investment) at the very beginning.

In as much as investing in new Blockchain can be very risky due to the future probability of success, I think it stills gives investors the opportunity to invest at a very early stage, and make profits if everything turns out good. Ethereum for example had some investors who Invested in it at that early phase when it was barely a plan, and today, they are all smiling. Same thing should go for TON and Solana and few others.

But where I tend to have problem is when the project fails. The whole thing is kind of risky, which will definitely profit well if the investor was a major contributor at that early stage.

[Stuart]

It is a certain thing that in the internet world, security is made a very high priority of all online security companies or bodies, and when it comes to cryptocurrency, or financial bodies the priority becomes even higher, but yet there's a room for breach, this is because the internet is not 100% secured.

ETH has been over the years in the crypto currency world, and as the years goes bye, so the advancement or upgrade of their system and a steady maintenance. This is because old hardware or security systems cannot stand modern day threats. This also goes with the PoS and the PoW.

With the new Blockchain out in the market today, some of them might be below standard and their trust levels in the industry.

[ajiz138]

I agree with you that there is no guarantee that 100% is really safe, all have their own advantages and disadvantages, and it is our job to see which platform is the safest so that it makes us calmer in using it.

When talking about security, we will all say the same thing, which is to want to be safe. However, we also play an important role in maintaining that security. So everything must be balanced and we must understand all of that.

That is the function of risk management in investing in crypto, because we have to analyze every coin we buy and take the safest risk so that we don't lose our money in investing. because in investing we will always be faced with risk, but as investors we have to take the smallest risk. many new projects and new coins offer greater profits, if we have the knowledge and experience we can take that risk.

Well, to achieve all that, we must be equipped with sufficient knowledge, and as time goes by we will also experience things and that will become an experience later.

We must be able to gain knowledge from the process we go through, be it knowledge that we did not know before, or knowledge that will later complement our previous knowledge. We must not be satisfied with the knowledge we have.

[lombok]

I agree with you that there is no guarantee that 100% is really safe, all have their own advantages and disadvantages, and it is our job to see which platform is the safest so that it makes us calmer in using it.

When talking about security, we will all say the same thing, which is to want to be safe. However, we also play an important role in maintaining that security. So everything must be balanced and we must understand all of that.

That is the function of risk management in investing in crypto, because we have to analyze every coin we buy and take the safest risk so that we don't lose our money in investing. because in investing we will always be faced with risk, but as investors we have to take the smallest risk. many new projects and new coins offer greater profits, if we have the knowledge and experience we can take that risk.

Well, to achieve all that, we must be equipped with sufficient knowledge, and as time goes by we will also experience things and that will become an experience later.

We must be able to gain knowledge from the process we go through, be it knowledge that we did not know before, or knowledge that will later complement our previous knowledge. We must not be satisfied with the knowledge we have.

Education is a lifelong process, and in essence a lifelong process of development. In every step there is also an opportunity to integrate info that will provide a new perspective on how to approach life.

Each experience that we have will be crucial for that journey to make sense and becoming wiser and making the door for further probing wide open. It is necessary to remember that opened attitude develops the knowledge which we already possess, and, at the same time, acknowledges new things which allow to reach the comprehension of more different. Thus, it will help us continue our striving for the augmentation of knowledge and expansion of experience so that the decision-making process in the future will be inspiring confidence and virtually problem-free.

[pieppiep]

Ethereum's position as number one among other altcoins is proof that this blockchain is undoubtedly credible... we can see many services similar to Ethereum but they cannot survive longer, thus this is proof that Ethereum has more powerful blockchain technology.

The meaning of decentralization is truly well implemented in Ethereum's blockchain network. Until now, I also believe that nothing is 100% perfect, which means it is natural that there are still some doubts about even the most advanced blockchain technology... and Ethereum has a better level of trust than other blockchain technologies, but that doesn't mean it is the most perfect.

I agree with you that there is no guarantee that 100% is really safe, all have their own advantages and disadvantages, and it is our job to see which platform is the safest so that it makes us calmer in using it.

When talking about security, we will all say the same thing, which is to want to be safe. However, we also play an important role in maintaining that security. So everything must be balanced and we must understand all of that.

That is the function of risk management in investing in crypto, because we have to analyze every coin we buy and take the safest risk so that we don't lose our money in investing. because in investing we will always be faced with risk, but as investors we have to take the smallest risk. many new projects and new coins offer greater profits, if we have the knowledge and experience we can take that risk.

Minimizing risk is always a central aspect when it comes to investments in crypto assets. To be precise, the investors have a challenge of dissecting every new coin or project that seems interesting to them. And, thus, make less emotional decisions which allow more often protect the capital. Risk is inevitable, but by selecting certain moves, we decrease the amount of losses that may occur and then form a much more secure opportunity for earning revenues in the long run.

So I strongly agree that knowledge and experience are substantial factors to help us make balanced risks in life. There are numerous new projects that are promising great futures returns; however, evaluating these are not a simple feat. Therefore with consistent learning and subsequent observation of major trends in the crypto world, we shall be in a better position to make sound decisions that[…] conform to our risk appetite. This makes us get more confident with each step and thus makes this journey more secure and logical in terms of investment.