Post
Topic
Board Altcoin Discussion
Re: Never invest in any cryptocurrencies!
by
mydona
on 31/07/2020, 05:46:28 UTC
Cryptos can be a nice long term and also passive way of earning an income but we need to be realistic and look at CRYPTO as a way to grow and diversify our savings, as having now FIAT in the Bank only devalues and gets less and less useful as it goes down. I also think that there are some great projects that we can interact with and have great utility like TRAVALA for example which has ways for us to book our travel through CRYPTO and this is a huge use case for us all in the CRYPTOSPHERE. Demand for the token keeps growing as we lock up and earn rewards and discounts. Amazing stuff coming by tokenization of assets and business.

yes, it is more important to encourage such projects, tokenization and blockchain itself has a huge list of applications to be made to make very good use of this technology, Crowdfunding, Donations, supporting, traveling and e-commerce, moving money through countries too it is making a huge difference in transfer fees compared to fiat money.

BTC have no interesting applications, but it is just as gold between other metals and whenever it goes down you are 100% sure that it will rise again sooner or later.
altcoins are more based on the solution they provide and how helpful, new and complete it is, because a lot of companies kept making ICOs for projects that have no MVP yet just describing the project and getting funds