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