BTC - Mined at a consistent rate with pre-planned halving cycles XRP - 100% pre-mined
BTC - Decentralized with the intent to move away from central banks XRP - One holder with 45% of supply, made with the intent to work with central banks rather than replace them
Yeah, you can make money with XRP, but you are hurting the intent of crypto by holding it. It is the anti-crypto coin. Glad to see people making money, but there is no coin I wish to see fail more than XRP.
PS. The idea that BTC stands for Beta Test Coin and XRP was the completed coin is just dumb. BTC stands for Bitcoin, and XRP stands for everything BTC was set to kill.
I am pretty frustrated at the turn of events that happened with the Gemini exchange. Close to 2 months ago I was told that my account was in a security hold. Initially. I must have not entered a number correctly, which makes sense as to why that would start.
From there they asked me to provide identification and take a picture with my driver's license, a particular number, and submit it to them. They asked me to send them my pay stub. Again, having really no choice, I obliged. This was over a period of almost 2 months, and I filled out 3 different tickets for support. Communication would just end and I would have to start again.
Today, they said they had to close my account. I have to sell and withdraw all my funds within 5 days. They cannot and will not provide any further details at all.
I was forcibly made to sell everything which creates a taxable event, and made me pay fees I wouldn't have paid otherwise, and now I have to figure out how I want to proceed moving forward with what I withdrew.
The good news about this is all my earnings are up, and I've made a lot more than I spent, but now I have to buy crypto all over again in a different exchange or just take my profits and buy something else in fiat currency once it clears my bank.
I guess there really isn't a clear message from my post except for the fact that I recommend nobody use the Gemini exchange.
If you have any tips on how to best buy and secure cryptocurrency and navigate all the barriers and loopholes, I would be more than happy to hear from the group.
I want to spread the word so this doesn't happen to anyone else!
Bitcoin’s current position suggests that it is gaining momentum for a potential breakout, much like a sprinter preparing to launch into a high-speed run. What do you think? Do you anticipate Bitcoin surging soon, or do you expect further consolidation first?
Just finished reading this book by Jeff Kirdeikis . I already knew a lot of the information about etfs, bonds, and btc…but I would definitely recommend it to some of my family and friends who are just starting out in their investing journey. It’s a perfect beginners blueprint for people who are coming in with little to no understanding. It also offered powerful insight on the current housing market for potential homebuyers/renters. Right at the start Chapter 2 challenged my perspective as someone who has always believed in buying as opposed to renting. This happened again in chapter 7, but on the topic of financial advisors/mutual funds. Anyway I’ll stop yapping and conclude that this book is 1. Great for beginners 2. Perspective changing 3. A helpful guide for millennials/genZ to understand the future of currency. Five outta five 🙌🙏
So my 2 most under performing(loser) tokens are SUI and IDEX. If I get back to even, should I sell and put else where or hold on? Do you think they have anymore growth opportunities left in them?
Imagine writing a post about a certain "project ", voicing some concerns as a veteranof crypto.....only to be banned from his group...hmmm...seems legit jeff, tema off 🤣...run guys, the squeaky wheel always gets oiled
Hi there new to crypto so I notice some people buy and sell so my question is if I buy xrp and it goes up I sell to collect the profits to buy even more in the dips ? And is this risky incase it goes up and doesn’t come down then wouldn’t I loose ? Thanks in advance.