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Babubu609

Is doing crypto a waste of time?

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On 4/18/2020 at 12:56 AM, Babubu609 said:

I notice notice that doing crypto is not a waste of time because it makes me get socialize and know about any new advancements in the technology, after all  get paid for my work. I achieve to goals with the time I earn and I learn this was so great.

Then what is you opinion do you ever see doing crypto as a waste of time?

It undoubtedly enriches you in knowledge, how much money did you earn?

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As long as you can make a profit from your home, it is something very positive, it is true that you do not have so much time for social life, but for me it is not a waste of time

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Doing cryptocurrency or being involved in it is not a waste of time, a lot of people are financially free all because they involved themselves in crypto. so no one should see crypto as a waste of time. 

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Why then, are cryptos a waste of time?

  1. No one needs them. Cryptocurrencies, in their current form, do not solve a problem. Consumers are perfectly happy trusting their bank with their money. (Except in some extremely volatile markets). The user experience for crypto is horrific. No one understands public and private keys. They hate the accountability that comes with having no one to call if you lose your keys or your password. They hate the volatility of the price. They can’t find merchants who will accept the currencies because of the volatility. The transaction speed is slow, and the transaction cost is variable. These limitations apply to bitcoin, ethereum and any other crypto out there trying to position themselves as a ‘fiat killer’.
  2. They are lousy for securing investment. Even after the car-crash-TV series of events in 2017, there are still people trying to raise money with crypto. Initial Coin Offerings (ICOs) became Security Token Offerings (STOs) and then ‘evolved’ to Exchange Token Offerings (ETOs). At every step away from the nirvana of an unregulated ICO, it became more and more apparent: It is easier to raise funds traditionally.

ICOs are inherently worthless. They’re nothing more than people giving money to a project and then trying to find a secondary market to dump their tokens. STOs are backed by shares in the company, but often give you far less control than actual (ie real) share ownership. And ETOs were just pumped up STOs supported by an exchange – basically, a traditional IPO with a book that makes only the uber-rich richer.

  1. People who buy tokens today have no idea what they are doing. And when the price tanks they freak out. And all they hear back is, “Hey. It’s Crypto. You knew what you were getting into.”

    The average retail investor wants a tip from Jenny or Robert down at the pub as to what crypto to buy so they can get rich. They don’t want to take time to investigate what they are buying or the mechanics of the market or the risks involved. Depending on the crypto, many are unregulated. No regulation means no safety net. As much as people want to moan that the financial products that make the most money are exclusively accessible by the rich, it’s the rich who also take the risk when the price tanks

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Crypto is definitely not a waste of time. From a practical point of view, learning as much as possible about blockchain technology can't be a waste of time by any means, as such technology is increasingly becoming more predominant in today's world. For this same reason, investing money in crypto is either a waste of time, as long as one invest on major projects, such as bitcoin. Such investments are likely to yield important benefits in the long-term, which makes it totally worth to invest time and money in crypto.

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On 4/17/2020 at 11:56 PM, Babubu609 said:

I notice notice that doing crypto is not a waste of time because it makes me get socialize and know about any new advancements in the technology, after all  get paid for my work. I achieve to goals with the time I earn and I learn this was so great.

Then what is you opinion do you ever see doing crypto as a waste of time?

It's definitely not a waste of time for me and I don't think it's ever going to be, cryptocurrencies have a huge potential that is yet to be exploited at its fullest and you have many ways to earn in this world, it's great!

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Of course it's not, i can make money for my self, and i don't have to begging to my parents for money.

So many ways to earn crypto and it's legit paying, example is cryptotalk, you can earn crypto from making useful post and opinion.

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It is not, on the contrary, cryptocurrencies are really useful, more than we can come to think, it is fascinating to know everything that is behind each digital currency.  They believe that people really know the scope of cryptocurrencies today.  Its use as a means of payment in the basic transactions of our day to day..? 

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Of course it is not waste of time. Every day I spend 2-3 hours in cryptoworld. But I am earning more then all my friends, which are working 6-7 hours in other palce. So crypto is great.

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Hello! In fact, this is not a waste of time! First, you can make good money on cryptocurrency. Second, you really learn about some kind of new technologies and developments. And the third most important thing is that the cryptocurrency is most likely the currency of the future and you can become one of the most knowledgeable, advanced people who will start making a lot of money!

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This depends how much knowledge and passion you have for crypto ! Crypto is not for everyone ! This is for wise and smart people who knows what to do in the right time !  And they are super successful in their life

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Personally, I consider that cryptocurrencies are not a waste of time since they give you multiple advantages such as earning extra money, being on par with technology, speed of transactions and financial freedom without depending on companies, banks and government institutions I think that cryptocurrencies are the most important invention of the century and it is here to stay

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Working in cryptocurrency cannot be considered a waste of time, find out how many websites and platforms work in this field, but you may be working on earning cryptocurrencies from some applications and sites that offer little revenue and are not well managed by the owner of cryptocurrencies It will lead to despair.

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i think crpto talk waste time it make always commputer on and working and decrease its perfomnce then i buy one new then all that again well done and the electricty bill will be very high

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It is a large-scale project for which you must be sure what you require and what type of business you would like to start to create your ecosystem for the project you are considering. For my consideration, it is not wasting time, it is gaining knowledge

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I don’t think working with cryptocurrencies is a waste of time. because it's my job to benefit from it. and I like that.

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Not all that I see as a cryptocurrency is very good time invested to learn more this is the future of crypto, what if I can tell you that it is a waste of time are the faucets

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I think that dealing with cryptocurrency is not a waste of time.  This is a very interesting business, with which you can earn very well.  I have just started to get acquainted with this business, and I really like to learn something new.

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its not a waste of a time it will be the future probably but somehow regulated by the goverments so they can keep the control about us

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If you don't take your time to learn well, you'll waste your time. But if you invest enough time to learn, you could catch some good opportunities.

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Not a waste of time, it's the right job to make a decent monthly income. With Yobit, this forum, and a very simple job every day, you must first skip 100 comments to start calculating profits.

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This is a very erroneous opinion, and those who consider crypto a waste of time, most likely, do not understand anything about it, and how much money is spinning in this area.

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13 hours ago, yato987 said:

in my opinion it is not , with crypto we were able to find a new way to earn a decent additional income and also it is always good to learn something new especially if we were able to use it to benefit us in our daily life

@yato987 its true that for crypto world many People can work here while earn money which solve Most unemployment problem.. But crypto world has negative effect too Becuase lot of people lose their huge amount of money which can make their life more happier.. So that we all need to be aware about crypto world Both effect..                  

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