LeoClarke1972

Sorry to hear your story, I think most of us can relate to it although some will have lost even more or a lot less. Imagine the British guy who threw away his hard drive holding 1000's of Bitcoins he mined! Then he paid to search the rubbish tip years later but of course its like finding a needle in a haystack or worse. For me, I lost a lot on some ICO's during the crash and height of scam ICO's. But it's a lesson for us all and we wil recover in time as Bitcoin still has a big future.

Due to these situartions and econimic crisis like Venzuela etc I think people realize the need for Bitcoin or Crypto. This will happen more and more as too many corrupt governments so in the end overall Bitcoin should win the war with the banks. Even if the banks offer Crypto it means they gave in to it so its the winner.

Paypal will always be popular and soon they may even integrate Crypto as a form of payment option. But Crypto will become more and more popular as a form of payment also. The problem for BTC as a form of small payments is the speed and fees so need a better coin for this maybe.

I would search for the coin that is much superior in technology to Bitcoin, higher security, privacy, speed, lower fees etc that has a solid team behind it.

Best way to be rich in Crytpo is holding while accummulating while at the same time trading for profits. But also search for the next big thing or coin to get in early.

This is truly the best way to learn, but we should only invest once we feel ready and dont risk too much. Spread the risks and misrtakes will be less costly.

Investing can be risky business, and Crypto is even more so as it has the most scammers. So I am wary to introduce family to it until they are really interested. But a few times they have asked me to invest for them which I try to avoid.

Back in the days there used to be a certain time for everything including trading 9 to 5 until markets closed. Nowadays its all 24 hr and the world never sleeps. With Crypto this is even more the case, so you could wake up anytime to the biggest move in Crypto.

Dont keep too much on one exchange, also always have 2FA.

Maybe because you want to open 2 yobit accounts with one enmail? That is not possible.

You cant compare Paypl with Yobit guys, its a silly comparison. Just accept they r both good and well established.

Altcoins will just follow Bitcoin but some of them can multiply x100, so imagine if you can catch one of them, like recently some Defi coins have performed amazingly ie LINK, VET, DAI, MKR etc.

For me it has to be the Investbox feature. But the Airdrops and Forks are also great, also some of their IEO's are good too.

As a beginner its maybe best to start with airdops (on Yobit you get free airdrops time to time). Also if you have the funds then its best to buy some BTC during the dips.

I started after the biggest BTC run end of 2017 when it reached $20k. This was the riskiest time so I am lucky I have not lost everything. This year I am starting to recover most of my losses, some on Yobit and some on Binance.

I also made a lot of mistakes, this is normal when you start new. It is important not to risk too much until you are more experienced. Also dont forget that most investors in an exchange usually lose, on average over 70%.

There are plenty of options in the Crypto market apart from the popular strong coins. Some of the Defi coins have performed amazing this year.

I think for Crypto many people have backed only Bitcoin. But overall you should have a portfolio of investments from wide range of markets.

Yobit has given me so much fun and profits same time. You just have to be responsible and use it in the correct way, not gambling for example.

If the wallet is in maintenance then you need to wait longer. And on some exchanges deposits can take longer as more confirmations needed.

If you transferred to a wallet and you can see it on the blockchain then give it some time then if no luck you should contact Yobit support on Telegram (beware of scam support groups though).

Despite being one of the oldest exchange platforms, YoBit is tough to beat. It has a solid back end, with a slick interface that is simple to use. It has been delivering a quality trading experience for many years and takes security very seriously. Here are some of the things that make YoBit a Great Exchange: Has been around since 2014 Never been hacked Offers lots of tokens, including small altcoin Can help you list a toke Solid trading engine that delivers speedy trades Extras like games and investments

The question should really be is Crypto legal as in some countries this is not the case.

Everyone should have a favourite coin apart from Bitcoin which is most peoples favourite. Mine was Ether and Litecoin. Now I look for promising future coins and new projects that can make me 10x or more in a year or so.

I read that the stablecoin market has doubled in 2020, so that shows the need for it and also should help grow the Crypto market as it means more $ backing it. And Defi will also help it grow further.