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Can my crypto accounts be frozen? One of the biggest advantages that blockchain technology offers is that, under no circumstance, no one can ever “freeze” your digital assets if you store them properly. There’s no such thing as a person or entity that can press a big red “Freeze” button to block your account—let alone the existence of such a button. This is one of the many game-changing features of decentralized finance: Users have 100% control of their assets and can even do so anonymously, while their money remains secured on the blockchain. Banks and governments are practically incapable of influencing blockchains—even if they tried. However, you need to know where governments can apply pressure. If you’re using Binance’s hot wallets for long-term crypto storage, this would be considered a bad idea in the crypto community. #BinanceTournament #WhaleAlert $SOL

Can my crypto accounts be frozen?

One of the biggest advantages that blockchain technology offers is that, under no circumstance, no one can ever “freeze” your digital assets if you store them properly.

There’s no such thing as a person or entity that can press a big red “Freeze” button to block your account—let alone the existence of such a button.

This is one of the many game-changing features of decentralized finance: Users have 100% control of their assets and can even do so anonymously, while their money remains secured on the blockchain.

Banks and governments are practically incapable of influencing blockchains—even if they tried.

However, you need to know where governments can apply pressure. If you’re using Binance’s hot wallets for long-term crypto storage, this would be considered a bad idea in the crypto community. #BinanceTournament #WhaleAlert $SOL

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#ETFvsBTC ETF (Exchange-Traded Fund) and BTC (Bitcoin) are two distinct investment options with unique characteristics. Here's a balanced evaluation of their pros and cons: ETF: Pros: 1. Diversification: ETFs offer a basket of assets, reducing risk through diversification. 2. Regulatory oversight: ETFs are regulated by government agencies, ensuring some protection for investors. 3. Liquidity: ETFs are traded on stock exchanges, providing easy buying and selling. 4. Professional management: ETFs are managed by experienced professionals. Cons: 1. Fees: ETFs come with management fees, which can eat into returns. 2. Limited exposure: ETFs may not provide direct exposure to cryptocurrencies like Bitcoin. 3. Centralized control: ETFs are subject to the decisions of the fund manager and regulatory bodies. BTC: Pros: 1. Decentralized: Bitcoin operates independently, without central authority or control. 2. Direct exposure: Investing in BTC provides direct exposure to the cryptocurrency market. 3. Potential for high returns: Bitcoin has shown significant growth in the past. 4. Limited supply: Only 21 million BTC will be created, which could lead to increased demand and value. Cons: 1. Volatility: Bitcoin's value can fluctuate rapidly and unpredictably. 2. Regulatory uncertainty: Bitcoin operates in a gray area, with unclear regulations. 3. Security risks: Bitcoin holdings are vulnerable to hacking and theft. 4. Lack of protection: Bitcoin investments are not insured or protected by government agencies. 👉Valuable insights for new users: 1. Understand your risk tolerance and investment goals before choosing between ETF and BTC. 2. Research and educate yourself on the cryptocurrency market and ETF options. 3. Diversify your investments to minimize risk. 4. Consider starting with a small allocation to BTC or ETFs and gradually increasing your investment. 5. Keep your Bitcoin holdings secure with proper wallet management and security measures. 6. Monitor market trends and regulatory developments that may impact your investments.
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🔥 Buckle up, BlackRock is going to pump our alts. When it comes to BlackRock and crypto, everyone immediately recalls the launch of BTC ETF. #ETFvsBTC However, we should be concerned with the answer to the question: who will pump altcoins and shitcoins in the upcoming growth cycle? 👀 In 2021, this was actively done by Sam Bankman-Fried and CZ through their hedge funds Alameda Research and Binance Labs. The scheme was simple: ⏺ They invested in projects at early stages; ⏺ Created hype around the projects; ⏺ Projects launched their tokens; ⏺ The token price was actively pumped; ⏺ Funds offloaded to retail investors, making 20-30-50x profits; Moreover, this scheme allowed experienced investors who understood the rules of the game and were not too greedy to make profits. Losses were only incurred by 🤡 hamsters who bought tokens at peak prices. Today, CZ and Sam are behind bars 🗿, so new gray cardinals will appear on the market. And these cardinals will be BlackRock and their friends from the largest funds. Recently, they took their first step - invested in the Securitize project 💸$47 million. The financing round also involved the 💎 Hamilton Lane fund, which manages $857 billion! 👀 This is BlackRock's second investment in the crypto sector in 2 years, but definitely not the last. In the coming year, they will fill their portfolio with assets that will then be pumped. 👉 BlackRock, Hamilton Lane, Tradeweb - these are players of another level. CZ and Sam are, in comparison, mere infants playing kids' games😉 I'm sure the upcoming altseason will be very 🔥 hot, so I recommend everyone to prepare and start selecting assets for their portfolio! $BTC
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#ETFvsBTC Bitcoin ETFs and direct Bitcoin purchases both have their own advantages and disadvantages. Let me break them down into pieces. Bitcoin ETFs: 👉Pros: 1. Tax sheltering of holdings 2. No need to worry about passwords and security 3. Regulated financial product 4. Can be included in specialized portfolios like retirement or 401(k) 5. Backed by regulated and reputable providers like BlackRock 👉Cons: 1. No ownership of the underlying BTC 2. Premium on the ETF compared to the BTC NAV 3. Limited trading hours and higher fees Direct Bitcoin purchases: 👉Pros: 1. Direct ownership of the BTC 2. Full control through self-custody 3. Unlimited trading hours and lower fees 4. Direct exposure to the BTC price 👉Cons: 1. Storing your BTC can be challenging and requires higher technical expertise 2. Can’t include it in traditional retirement plans and 401(k) 3. Not recognized as a financial instrument Ultimately, the choice between Bitcoin ETFs and direct Bitcoin purchases depends on the individual preferences and needs of the investor. 👉Essential Tips Solution for new users👈 Before diving into the world of Bitcoin investments, consider the following crucial insights: 1. Educate yourself on Bitcoin, blockchain technology, and the cryptocurrency market to make informed decisions. 2. Understand your risk tolerance and investment goals to determine the best approach for your situation. 3. Diversification is crucial. Spread your investments across different asset classes and consider a mix of ETFs and direct purchases for a well-rounded portfolio 4. Prioritize security when making direct purchases by using reputable exchanges, wallets, and practicing good private key management. 5. Be aware of the fees associated with ETFs and consider their impact on your investment returns. By following these tips, you'll be well-prepared to navigate the world of Bitcoin investments and make informed decisions to achieve your financial goals. If my post is helpful please like, share, and Give Tips. I will appreciate #ETFvsBTC $BTC
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