anybody in to crypto????
 

anybody in to crypto???? I just started

Hi, yes, this is just the beginning of this vertical, and I'm already in the good pluses

never too late

Been into crypto for several years now and love it.. Never too late to jump in the game!

I am into it, to a point.
I have gotten to the point that I no longer support Etherium at all and believe it is a scam because of the insane Gas fees.

So, I find ... what is a purpose of a particular crypto

BTC to me is a savings account. The transfer moves way too slow (often takes about an hour to complete a transaction from one wallet to another), so it is not practical for standard payments unless it would be for a big-ticket item such as a house or a car. Its transfer fees are also too much to even use to pay everyday bills.
I say the same about Litecoin as it has a limited supply so eventually, it should be seen as a high-interest savings account (although, Litecoin hasn't gained the price increase we see with Bitcoin and I haven't quite figured out what hurts Litecoin as being well adopted. Right now, I personally use CakeDefi and I pair LTC with DFI to earn and that works fairly well at earning some money long-term.

So, then I look at ... what could actually replace cash? Only one comes to mind right now and that is Solana because it can transfer from one wallet to another in a nanosecond and it has transaction fees in the pennies. It also is very easy to create your own crypto using Solana. This will be what I see as the next big crypto because it is doing a lot of things right.

The only other crypto that comes close is f(x) or PundiX and only on the Function X blockchain. The only reason I am up wondering what to think about those is they currently are also on the ETH network as they are building the Function X version so it is very limited on what you can do as any current wallet out there (besides the f(x) wallet) that allows you to have f(x) or PundiX is using the ETH network so plan on spending a lot in Gas fees to transfer; however, they do have POS devices already developed and they were doing good before Gas fees got way out of hand. I think the POS devices are used mostly in countries with volatile currencies; however, the only things it processes that are not ETH currencies are Bitcoin, BNB, XEM, and QTUM and not even the Function X versions of PundiX, f(x), or PURSE so it is missing out on a true POS system that can replace currency; on the other hand, if it can move away from ETH and get their blockchain supported on some major wallets, this may be something to look at (they made some major blunders in the past year so while I do have a bunch of f(x), I cannot say I'm making a good decision and can't suggest supporting it to anyone ... but I could be wrong (I still haven't pulled out but that might be because I have no interest in paying the hundreds of dollars in Gas fees just to pull out ... here's to hoping they make a big change in the future)

Next is, what do I see some support for based on the technology. I have to go with HarmonyOne as one of these. Will, it earn you a ton of money? I don't know; however, it is easy to stake and continuously earn so even if the price stays the same, you still earn. Find a YouTube video explaining what is One and you might like the technology behind it.

These is just some things ... oh, btw, there are tons of scam sites out there that will try to convince you of ways to earn tons. Some make the sites in a way that it seems logical, even may seem like they are paying you. Watch out! So many ways to spot these so definitely do tons of research before you sink your money into a scam site.

yep
XRP
XRP
XRP

it's exciting but not as easy as it seems

I'm writing blog on Medium about cryptocurrencies and blockchain especially in the adult industry

Crypto is the best thing to happen since mortgage-backed securities. Get in while the prices are lower!!!

Do you have a link?

Of course it's not easy, but you need to figure it out and then it will turn out

It is very easy. Buy Bitcoin and hold for long term in cold storage (not on exchanges). There's literally nothing you have to do or figure out more than that. But I would advise to research the technology, economics & intention of Bitcoin :thumbsup

I would also say it is better to split up your purchases and make smaller regular purchases over an extended period, i.e. the classic "Dollar Cost Averaging" (DCA). If you bought it all at once, the volatility means you could easily lose 30% over a couple of months. You'd still be fine in the longer term, but it would still not be a nice introduction to the space, so DCA is the way to go.

The next thing is to always consider your overall risk management, and make sure you are being sensible with your asset allocations, i.e. varied portfolio of assets, modelling so that you can deal with adverse events, etc. Instead of thinking how much money you could make, think about how you could prevent losing money. :1orglaugh

I just saw a statement by Bill Gates, his theory is not to use it

I wonder why :eyecrazy

Yes some are out some dont

Buy in the dip

Bitcoin at $18k or below

Prices are insanely low. Personally I look for low cap gems
.
Metaverase man, and play to earn. Some of those can 100x

Free tip - low cap gems - rmrk (nft , low supply) currently 2.30 will hit 50 or higher. Blok (metaverse) currently just .003 should hit at least .50. I got lots more, always studying it

igobets.com promote crypto casinos

There is a camsite with an affiliate program called Sugarbounce[dot]com which focuses on building an entire ecosystem around blockchain and crypto in the Adult industry.

There even do payouts in cash as well.

Nope I like my money..

So how do you prefer saving & storing value for long term? Cash in bank is a loser way, ofc you don't do that.

Yes, I still love crypto and use it a lot.

I use blockchain for our business as well.

I am in "Crypto" in NFTs.

https://nbnfts.nftically.com/

You can also pick a Wallet that is Fiat (USD, EUR, GBP) directly.