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Everything posted by Swapzone
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In short... NO! In long... YES! Crypto is a very volatile market, the most important thing to stand in crypto space is having patience. There is too much risk of losing all the money in crypto. So, invest only the amount you can afford to lose!
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Cryptp vs fiat, where are many hackers and scammers
Swapzone replied to Lubruselu's topic in Crypto World
You're right! Though we are using Fiats from a very long time, we don't still know about Fiats. There are many and many hackers and scammers in Fiats which you don't even know. -
Crypto world is large. What are your main choices?
Swapzone replied to hmind's topic in Crypto World
Development due to the Crypto Space and technologies in Crypto Era is what we like the most! -
Well, yeah! ETC had another 51% attack because it is easy to control the hashrate in ETC. Anyone can rent some hashrates worth of few thousands bucks and can do a scam of millions.
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Here are the top 3 legit ways to do so: Invest your crypto! Mine Crypto! Stake your Crypto! Disclaimer: This is not any kind of financial advice!
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Do you want bitcoin at a cheap or expensive price?
Swapzone replied to Hendy1's topic in Crypto World
Everyone wants to buy bitcoin at the lowest possible price, no doubt. Well, today's price is still, low as compared to the predictions by the investors that bitcoin will reach 500k someday. -
Well, that's natural. Everyday like about 10 cryptocurrency projects come in existence and 9 among them fall. Even if we don't want, they will still be coming.
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Bitcoin is not going to end in such a small situation. It is the right time to buy and hodl more and more bitcoin because bitcoin is the currency of future.
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Private keys are not only the keys to your funds but you can say they are your funds and they are the only way you can access your funds. This is what makes crypto space decentralized.
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crypto Amazon will accept payments in cryptocurrencies
Swapzone replied to Keith700's topic in Crypto World
If it is, then it will really help a lot in the mass adoption of crypto. -
Staking is a profitable way of locking a part of crypto asset for a given time and earning interest on the amount. It is kinda a passive income. However, some crypto have very high limits (so called min staking amount) which makes it difficult for small investors to invest their money.
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Crypto is a game of patience. You can get nothing if you hassle.
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Thanks for the info! Many people don't know about it, they simply want ease and for this they fall into hackers' trap.
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What was the actual purpose of the creation of bitcoin?
Swapzone replied to yahyal's topic in Crypto World
Decentralization, yes decentralization of financial system is the reason why bitcoin was created. -
Yes, I strongly agree that cryptocurrency changes people. I myself have seen many such cases. Let me give you an example of a current cases. In Lebanon, people are suffering from the currency crisis where their currency has been devaluated by 70% which is very much. But, due to crypto, some of the people are converting their USD to crypto which can be held very securely.
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Theoretically, EOS has the fastest blockchain. They claim to handle 50000 transactions per second but till now the highest measured was 3000 TPS (which is still the fastest). However, if you Nano, TRX, BNB and some other crypto, it still seems to be fast.
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Which crypto with most transactions per second
Swapzone replied to Maxtron73's topic in Crypto World
Checkout the TPS of Tron & EOS. They are one of the crypto having the fastest transactions per second. -
Does Bitcoin price having to dumb, a good investment project
Swapzone replied to Upright's topic in Crypto World
Well, when the price dumps, it is a good time to invest but even if the price doesn't dump that is also a good time as the price always keeps on increasing. Many people tell that it will go 100k. -
It totally depends on the altcoin you're HODL'ing. If you're hodling an altcoin which is promising in nature and has a good amount of investors then it will go to moon soon but the condition is just opposite in case of a ponzi scheme.
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What's your country stand on bitcoin & cryptocurreny ?
Swapzone replied to Ajlovez7's topic in Crypto World
Crypto needs mass adoption. According to a statistics, only 2% of the people know smth about crypto and the rest others haven't heard of crypto and blockchain. -
Would you prefer to invest money in crypto or in a house ?
Swapzone replied to Maxtron73's topic in Crypto World
Crypto can be a good preference but there is a lot of risk in investing in crypto compared to that in house/real estates. YOU should be a lot patience here! Choose wisely!!! -
What level of patience do you have when owning crypto ?
Swapzone replied to Maxtron73's topic in Crypto World
Yeah, I agree you! If you can't have patience in crypto market then you're not capable to invest in crypto markets. -
Can I Transfer My Coin From the Yobit exchange to another Wallet?
Swapzone replied to Oluwaseun's topic in Crypto World
It can be done easily! Just convert your bitcoins to whatever coins you need, then go and copy the address you want to receive your coins to. Paste it in the withdraw section, enter the amount you want to withdraw and you're done. HURRAY!