Can someone explain how $XRP is the only currency that doesn't move. How can it always have the worst performance among the most popular ones with only good news about it?
It's hard to know which is more garbage: $ETH or $XRP
Can someone who understands technology please explain?
I have the impression that everything I've read about such coins is just a bunch of speculation... It's a Defi network over there and banking acceptance over here. And indeed, nothing reacts like Bitcoin.
Decentralized currency? Digital gold? If it is indeed, in times of fear, risk, taxation.... shouldn't everyone come to something far from the government, taxation, stock market? Go for something with scarcity?
Really, investing here is not for the faint-hearted.
The only way to get out or do well in these pyramids is to do the so-called scalping, or really forget that (good) coins exist and come back to look in 2 years.
But even scalping requires a bit of luck.
As for the other coins, which are not the 3 most popular, I regret to inform you that they are blah, blah, blah of "excellent project with a capitalization of X million...." and a bunch of fancy terms to deceive as many people as possible. Meme coins, on the other hand, spare you the blah blah blah, as they are born serving no purpose and lead you to bankruptcy faster, that is, more effective in their purpose (guaranteed loss).
Neither $BTC , nor $ETH , nor $XRP ... none can save you.
Learn. Crypto produces nothing. It's a pyramid!
The fallacy of the technology behind it, are just technical terms like those created on Wall Street, such as derivatives, for the "managers", "brokers", "brokerages", to line their pockets.
Ah... store of value... I hear that a lot.
After falling by half and taking 5 years to recover, your capital has already been eaten up by inflation.
Ah... decentralized... what a joke! When any government opens its mouth about Bitcoin, it blows up... if decentralization were really true, the effect would be the opposite.
My congratulations to these new creators of this pyramid... I fell for it like a duck. A narrative better than herbalife, onodera, natura, and many other pyramids already launched.
I really admire these actions from Binance, as they combine brokerage with incentives and social networking. And it is indeed ahead of its competitors.
And indeed, earn offers a kind of fixed income by leaving your coins there to generate returns. For example, I exchange my USDTs for USDCs because they yield more.
There are other coins that yield more, but they are more volatile in price.
The U.S. Securities and Exchange Commission (SEC) has been one of the main regulatory bodies involved in overseeing the cryptocurrency market in the country. In recent years, the SEC has intensified its efforts to regulate this growing sector, seeking to balance investor protection with financial innovation.
One of the central points of the discussion is the classification of cryptocurrencies as securities. The SEC argues that many cryptocurrencies and initial coin offerings (ICOs) fall under the definition of a security according to the 'Howey Test,' a legal criterion used to determine whether an asset should be regulated as an investment. This has led to various actions against crypto companies accused of operating without the necessary regulatory registration.
$ETH Who believes that it will yield more returns than BTC when everything starts to rise again?
From the technical analysis, I think the following:
1 - The price of ETH is below or almost equal to before the peak in November during Trump's speech.
2 - ETH has already reached 4,000, while BTC reached 109 thousand. In other words, ETH has the potential to double faster than BTC.
3 - The buying volumes before Trump's speech are significantly lower than those of BTC. Thus, there is less likelihood of people taking profits en masse.
Are these thoughts correct?
Remembering that this is just an opinion and not an investment recommendation.