Glossy

No problem man, I feel it is my duty to help people who are new to crypto. This world is full of scammers and other dangers, so it is best to be careful and listen to good advice.

I believe that Bitcoin will strongly go up in value, because financial crisis caused by Corona virus. Like the gold is seen as a store of value, Bitcoin can be considered store of value also. Further spreading of Corona virus only make positive influence on Bitcoin price. With failing economy fiat money can easily lose value, bur Bitcoin is like "world currency" and it's price will only go up. HasanAli96 I would also add Ethereum as a store of value because it has also many purpouses (smart contracts, ERC tokens etc.)

The future of cryptocurrencies is probably bright but it is hard to say at this point... In a few years we will probably know ...

Well you should be careful anyway because there are some scams that are tied exclusively to crypto... To stay safe you need to watch out!

It is safe but I would avoid it. This site was subjected to hacking year ago and I would use some other wallet to avoid risk if large sums are in question.

Agree with that. It is the best not to rely on anyone else for storing your money. Hardware wallets are the safest bet, even cell phone wallet is better then storing funds on online wallets or exchanges.

I use this wallet for my cell phone and it is pretty good so far. It also has built-in browser which can be used to browse dapps.

Yes and prevention is 99% of security, because when security breach happens all of the coins can be gone in a second if you don't react swiftly.

You are right in a way, because there are a lot of parallels between BTC and gold. They are both accepted internationally as a means of payement. BTC has one big advantage - it is more liquid, it can be transferred anywhere in the world more easily.

Yes we never know when will owners of exchange decide to close it. Or it could be hack or something else so we can't access our money. Hope that we will get our money back from Cryptopia.

I suggest that you hold your cryptocurrencies on exchanges as little time as possible. With reputable exchanges the risk is not as big but it is there.

I would suggest that you watch some analysis if you want invest in crypto now. And make personal analysis too by yourself because third party analysts could be bought.

Seems like good thing, I often watch Youtube videos and now I can watch videos and earn some cryptocurrencies.

Yes of course, I can't think of reason that would be against cryptocurrency ATM. To be frank I boght my fist Bitcoins on ATM.

My first cryptocurrency was Bitcoin, which I bought on Bitcoin ATM in my town. I remember how excited I was when I bought it 😉

Good that you warned us. In cryptocurrency world you never know where scam waits. Be careful people don't lose your coins.

Trade cryptocurrencies you first have to learn a lot about two things: about cryptocurrencies and about trading. How cryptocurrencies work, difference between them, how tecfhnical analysis work, trading signals ...

I have one more token in my mind and that is GNT (golem) token. It incentivizes computer owners to rent idle computing power that is used to render images. It is pretty cheap now so you can buy it at discount 😄

Do you recommend using bw.com mining pool? Personally I do not mine, but maybe some of forum users are interested.

You have to either know some programming or have funds to hire someone who knows how to program stuff that you need.

Yes, security should be number one priority when dealing with cryptocurrency. Feel free to share your security habits 🙂

You are right, it was my typing mistake, I wanted to write "whitepaper". Thank you for mentioning NPSX token!

I would recommend Bitcoin because it is most known and most people are recieving it as a form of payment.

There are a lot of people here so maybe you will find what you are looking for. Good luck with your deal 😄

I use Binance and Yobit exchanges. I have been using Binance for more then a year, and had no problems with it. I use Yobit for short amount of time.