What is the Reality of cryptocurrency?

[Anamul380 37]

Cryptocurrency is virtual money so better than cash.  Another aspect of cryptocurrency is that its value changes over time and it remains the same and does not differ from country to country like currency.  And the most important thing about cryptocurrencies is that they are easy to transact.

[Guru2050 8284]

Talking about crypto currency reality, I would have say it's still at the age of discovery gradually gaining public attention, much acceptance from the public in different geographical locations, the reality will be when almost all the countries has appreciated and imbibe it use 

[khan22 3478]

Crypto currency is a great business and so many peoples will join this but some peoples will not understand this business but i hope that in future those are invest their so much money in this business and the whole world will except this business.

[EnrickJoe 41]

I agree with your argument, but there is more left. You did not say anything about cryptocurrency investment. Cryptocurrency investment is as risky as it is. I think it is possible to get rich easily by investing. But still many people do not believe it. I think crypto is the best cash from money.

[Mehar446 280]

Cryptocurrency is basically an alternative solution to the damage caused by the corrupt capitalism & biased communism. It gives true equal rights to everyone. All this depends on the end user whether they use it for good or bad. 

[BTC Future 3946]

2 minutes ago, Mehar446 said:

Cryptocurrency is basically an alternative solution to the damage caused by the corrupt capitalism & biased communism. It gives true equal rights to everyone. All this depends on the end user whether they use it for good or bad. 

I quite agree that both economic systems have many failures. Bitcoin is certainly a product of the failures of the traditional banking system but it was created for individuals and not for economies. It has been proven as a way out of massive inflation (as we've seen in countries as Argentina and Venezuela) or the banking restrictions (Cyprus). Perhaps it can be a measure for governments to counter effects of massive devaluation of national fiat currencies as well.

[Mcd0d0 5882]

On 7/12/2020 at 1:00 AM, Tannah said:

At this critical situation of the world  we Don't have to remain jobless.

The problem here is not all people are having some sufficient gadgets to used to be in here in cryptocurrency and we need to spread more the information about cryptocurrency because not all people know it.

[Babubu609 0]

On 7/27/2020 at 4:03 AM, JohanDonne said:

Cryptocurrancy is not a way to be a millionaire but you can get rich through it by combining it with your skills and having a bit of capital, there is no other way to get rich using cryptocurrancy.

I disagree with one thing you said but all are right. The fact here is that with cryptocurrency you can be a millionaire if you can invest a lot of money in it. Cryptocurrency is all about getting enough capital to start trading or investment.

[Draven06 494]

The reality of cryptocurrency is the big opportunity it can give to everyone who will engage to it. Yes it is not easy as that but if you have the perseverance, patience, work hard and the eagerness to reach your goal you will become successful with cryptocurrency.

[Moontong 5312]

That is the misconception about cryptocurrency, many people think that when they get involved in the world of cryptocurrency then they will get rich as is, that's not true, Cryptocurrency is so broad and if you are not that so knowledgeable about it then you won't succeed. Becoming rich in cryptocurrency takes time just like in the real world.

[Babubu609 0]

17 hours ago, marce9427 said:

Many people fall into the mistake of believing that cryptocurrencies are a synonym of wealth and this makes people the victims of BOTS,

Yes people are likely nowadays to have fall into victims of bots which happens due to ignorance. Many of us don't know what are scammers as begginners into cryptocurrency we have no knowledge about cryptocurrency but we come up with full aim to earn money later run in the process we fall a victim of the scammers.

17 hours ago, marce9427 said:

scammers and those ads that promise to double profits in a quick time. Let's not fall into that mistake. Let's investigate a little more and we will know exactly how all this works. To start doing something you have to know what it is about.

The solution was the key to avoid falling into a victim. When we make research from old affect victims we get knowledge on how they get rid of falling to the hands of scammers. Therefore let's take note and learn from experience. To achieve our goal.,💙

[Sarahden111 1231]

The truth behind it is the natural development of mankind to discover the easiest, simplest and most secure way The fact that currencies are based on it is the blockchain and the projects that were created because of it are the great thing about it.

[Babubu609 0]

1 hour ago, Sarahden111 said:

The fact that currencies are based on it is the blockchain and the projects that were created because of it are the great thing about it.

Cryptocurrency in general is build in blockchain it has been the main reason for the volatility of the cryptocurrency market and gives the market a chance to change the market price for all volatile coins.

[Abdul41x 0]

Those who take advantage of crypto currency during this period will benefit later Crypto currency has become a source of income to many people across the globe .

[Projectcrypto 4382]

The reality is that Cryptocurrency is currently one of the best source of income as long as you invest in good project and become patient for sometime because crypto is volatile but believe me you will surely make it when you go for the likes of bitcoin, litecoin or ethereum since they have good potential at the moment. Don't be afraid that crypto is about losing, it's not as long as you have good experience and knowledge about the field.

Edited August 23, 2020 by Projectcrypto
Typing error.

[TimopheyKa 3900]

In fact, cryptocurrency is not one of the best ways to earn money, because there are also stocks and bonds! Cryptocurrency is something in between. Because not everyone can easily earn millions here, as well as on shares. It all depends on your work and trading skills! Good luck!

[Digital 387]

Crypto currency has been playing a significant role in the life of many populace many people especially youth are seeking to earn a living through crypto currency since the economic is down and government is not giving job they use the power of crypto currency to size the opportunity and earn a living.

[Maaz sultan 265]

A simplest definition of crypto currencies is that this is an virtual currency  that exist in electronic form and exist digitally in owners wallet .

Edited September 13, 2020 by Maaz sultan

[Flying11Horse 45]

14 hours ago, Maaz sultan said:

A simplest definition of crypto currencies is that this is an virtual currency  that exist in electronic form and exist digitally in owners wallet .

Y @Maaz sultan, you have given a simplest definition of  cryptocurrency for the newbies like us .Cryptocurrency is different from all the other fiat currencies lets consider an example,fiat currencies can be held by hands but these digital currencies can only be placed in online digital wallets.So I think that cryptocurrency is very safe to use because their are very less chances of it getting theft.

[Cryptic 0]

On 5/12/2020 at 4:51 AM, Moaz said:

Cryptocurrencies have proven their strength and they are trustworthy after the crisis of the spread of the Corona virus, where Cryptocurrencies  to overcome this crisis and there were no major collapses such as what happened in oil prices, for example, that the crypto has helped many of the unemployed people to earn money after most of the work stops

Yeah it is proven that cryptocurrency have a huge help in term of crisis. Just like what happened in Venezuela, their currency value drop to the point that you cannot use it. But because of Cryptocurrency they could now able to purchase anything, because the value of cryptocurrency depend on the value of USD. 

[Irungu 4299]

I think the truth in crypto currency is not in when you can use it in trade but to be true there is a lot of good that comes with it the effort to work as hard and put together everything in the perfect place, it was created in trying to make sure that we are deviating from a central kind of a monetary system full of control that is why crypto must be adopted but after some modification

[Zafarwaheed 0]

Ye crypto currency has a best legacy in the world and many people are in aware of the meaning of crypto currency. Crypto currency means a digital currency which cane you used as a money and also in exchange for trading to get profit. You just employed into the cryptotalk and work is simply easy to become rich in just a few months . So lets try to work on this forum.

[Mike1515 2977]

One of the best idea of the 21st century ,  though no one seems to take it at heart and especially the Authority , the innovative side of it is really good ,but yet still its important to avoid making mistakes such as trying to be over ambitious, the curators of crypto currency sort of went to far ahead of themselves thinking that it would replace the traditional Fiat  that fast. It might take time and so we need to wait and see where it all goes.

[Swapzone 174]

Not only this, People also think that they are gonna be "rich" very soon if they invest in crypto but they don't know crypto market is full of volatility.

[Trader21 1199]

3 hours ago, Abuyaman said:

Cryptocurrencies give us work on our phones or computers from within the home without the need to go anywhere, but you do not become rich quickly in cryptocurrencies It takes a lot of patience and you have a good experience in trading

Yes it is really good opportunity which this forum gives us. Without going out from home we can work here with phones or computers. But as you above mentioned to be rich quickly is impossible in this world. For that you need to be patient and work hard. Time to Time you can reach your goal.