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RE: [GnomoNews] Your News Update of the Blockchains World

in #news6 years ago (edited)

Yeah @phgnomo I personally own some BNB, as well as some others in this space, as I believe crypto investing/trading can only grow, and at least a few of these exchanges should grow organically with it. We don't even have 1% of the funds invested in crypto yet, meaning lots of headroom. So no harm to have the toe dipped in a few, as you only need one to moon :).

I hope the move is going well as I hear it can be a stressful time.

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I believe crypto investing/trading can only grow

Be careful with that sentence my friend. Some cryptos will grow, some will fall, and others will disappear.

There is 2 main problems on the cryptomarkets:

1 - Too much hype wiith low cases of use
2 - Volume is too slow, wich makes the coins too easy to manipulate (check the pump and dump groups that exist)

We don't even have 1% of the funds invested in crypto yet

Don't get too greedy on cryptos, even when you start to make some good profits. It's still a unkown world with lots of scammers running around freely.

My suggestion, keep at least 50% of your invested money on BTC, since it is the oldest coin and that have resisted a lot of drawbacks.

I hope the move is going well as I hear it can be a stressful time.

Oh yeah... a lot. Even when you try to pack up things a lot early before the move, and looks like the things your have will never stop popping out. Looks like a neverending chore.

Thank you for you comments.

Jeez @phgnomo, I don't think I've ever had a comment so misinterpreted! It's like you wrote about what was in your own head, rather than in my comment! I'd prefer no reply rather than a misrepresentation of my comment.

Oh... Sorry my bad... I think i read your comment too quickly, and since it was right after some discussion i saw about other people talking overpositive things not considering the bad side of criptomarkets, my answer definetly doesn't make Any Sense.

Thank you for calling my attention to that. I Will take more time to read the comments before answering them.

But you are indeed right. There is still a lot of Room to grow, especially on How the exchanges work.

If we have a working decentralized exchange, It Will be a big Step forward.

Please, forgive me about the rushed comment.

Thank you sir, all good :).

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