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I wont exactly say 'predatory' but it definitely feels like CZ is very very aggressive. I feel like a popular quote would describe perfectly how CZ conducted the past few months with regards to the vacuum you mentioned and the opportunities that came up with the collapse of his competitors: ***GIVE HIM AN INCH AND HE'LL TAKE A MILE.*** CZ played his cards almost perfectly and he weather through the fuckton of FUD. And Id love to see some other exchanges take on Binance head to head but at this rate they have to step up big to even pose a threat to CZ. And Im very hopeful that they do. We dont want a monopoly in here.
I used to use Coinbase because their ACH process was the easiest and then stake on Kraken Kraken has since got their ACH act together, so Kraken by a mile. Then right into cold storage. Im not taking any more chances with anyone. If you must leave your stuff on a CEX, Kraken by a MILE.
Yeah that's how math works. 1) Inflation is when the dollars in your wallet lose their purchasing power — either because the money supply has dramatically increased or because prices have surged. 2) This has been happening since 1971 and the first round of dramatic money printing was in 2008 with QE1 during the financial crisis . 3) Bitcoin was created just after that because it can't freely printed like fiat currency and didn't need a middle-man . You measure the full scale not cherry pick time frames and since Bitcoin was created it's been doing a better job with inflation than anything else BY A MILE. Like I said 17000% vs the USD since inception , do the math , if you don't think it's beeating inflation, invest in a calculator .
I spotted the SnakeOiL salesmen a MILE away. I do not dislike Sam, he's a good kid but power corrupts. I hope peace is found somewhere in the madness.
Guess we’d remain this way till next year, running through the same range over and Over again. Still, an opportunity to add more solid assets to the bag, just like I’m adding some more MILE, while I wait for the market to acting wake up.
This year is mostly bearish and I’ll advise you don’t get your hope up, but rather look into other alts with good fundamentals and use case like MILE of MilestoneBased, which collaborates startups and investors to help them access funds.
This is when the amount of BTC added into the recent circulation is halved. This affects the whole crypto market and not just BTC and I try to prepare for this as much as I can by adding more MILE, RIDE and SYLO, while I wait for the event.
I smell some good moves coming, especially with solid projects like MILE, SYLO, and RIDE which seem to have taken this bear market to build.
I really anticipate this, but I won't put my mind to it. I'd rather focus on adding more MILE to my bag, which showed strength despite how bad the market looked.
I've GMX also. MILE looks like a new one. I'm interested in low caps, and XPRESS seems to be a good one for the next bull run. They stand out when it comes to real-life utilities. They are used for booking travel also.
Quite the list you have here for me I have my eyes glued on a couple of alts as well with GMX and GNS being the most beloved and while MILE also happens to be on my mind.
I guess it is a norm for the market to drop further during the weekend. So I would observe it till then, if it drops further, I will accumulate more of my MILE token ahead of staking Launch.
I think I agree with you that connecting a Metamask to your bank account could be risky. I am good like this, being able to buy my MILE token from pancakeswap with my BUSD in my wallet.
I believe the bear market is just temporary and the bull would return. I still have that strong conviction that BTC will still get to 100k dollars, might just take time. This is why I am holding and looking forward to staking MILE token till the next bull run.
We all thought September would be super bearish and October would be slightly bullish, turns out we all timed the market and it ended up going sideways. My key take homes are ; if you want to invest don't look for short term target, gets into solid projects and look out for long-term. Needless to say, my bag of MILE & OP still stood out and have Been on bullish trajectory regardless of the current bearish track. Am still aiming for the long-term
Hahahaha. I also use ETH to buy NFTs and MILE to invest in new startups. Nothing beats utility.
I doubt it's gonna get nominated. Only paper/weak hands employ this strategy yours. We diamond hands hold our token and not selling anytime soon. I'm holding my MILE in preparation for staking coming soon.
These are all quality investments but I do think you might want to consider some low cap gems as well, this would help in diversifying your portfolio for maximum returns. You should consider the likes of MILE, RSR and you might want to include some memecoins like TSUKA as well.
I’ve been saying this whole year that RIGHT before the election they will stop raising rates, maybe even decrease them, lower gas prices, make stocks and crypto go boom, all of this to try to ensure Dems win in November. You can see this coming from a MILE away.
Indeed, welcome to cryptocurrencies. I would be more comfortable taking a backseat with my MILE token.
Thanks for this information. I have almost $10k worth of MILE that I wanted to use to invest in a startup on MilestoneBased, I guess I should do this you just mentioned.
Thanks for sharing! I liked how you explained it, and it got me laughing. I hope never to fall for scam as I have read all these and taken necessary precautions. My MILE token is my getaway card from poverty.
I have got my seed phrase offhand that contains my MILE, and REEF token, so I don't fucking care if a nuke happens. It is safe.
Interesting how you didn't really respond to anything I said.. especially the point about the FED being "iNDepEnDEnT" from the political apparatus > I'm guessing you've got a lot of money in crypto Yeah, began buying Bitcoin in 2016 after dismissing it multiple times in 2011 and 2014. Been the best performing asset in my portfolio (equities, real estate and Bitcoin) BY A MILE over that time frame. > which is why you fabricate things in your head to justify it Yeah... Just me, Paul Tudor Jones, Michael Saylor, Bill Miller, Ray Dalio and many of the other great macro investors/forward thinkers on the planet. You're way smarter than them though, I should go sell immediately lol > Just wait and see what'll happen to El Salvador in the near future because of their crypto investments Oh you mean like their tourism skyrocketing or their GDP growth being some of the best in the history of their country.. totally devastating > It's gonna be funny to see how destructive Bitcoin truly is For sure, destructive to the ignorant naysayers who have no clue about the history of hard money over the past 3 millennia and what is does to weak money (fiat) over time.