What more can you expect from Crypto currency?
By Raj
@Butterfingers (66583)
India
December 6, 2021 10:13pm CST
I'm still unable to understand this crypto currency and find it really hard and there are so many fluctuations that it's really hard to predict and we may face heavy losses like what happened a few days ago.
Are you able to understand crypto currency well? Have you managed to safeguard your crypto from recent fall in the market?
16 people like this
17 responses
@prashu228 (37524)
• India
7 Dec 21
I never understood it ...
my brother keeps following it
its quiet risky
3 people like this
@Butterfingers (66583)
• India
7 Dec 21
@prashu228 me too but maybe we need to try it
1 person likes this
@Butterfingers (66583)
• India
7 Dec 21
You can ask him and learn if you are interested
2 people like this
@Butterfingers (66583)
• India
7 Dec 21
Everything that involves money needs experience so yes I won't mind trying but I need a guide
3 people like this
@Butterfingers (66583)
• India
7 Dec 21
@Andini haha I need and you need too because it can be a good thing to learn
2 people like this
@Jenaisle (14078)
• Philippines
8 Dec 21
I have heard the term often but don't really understand it, and I don't want it , so I didn't research well. It's like online money and it can be lost forever if you don't know how to manage it.
I want cash that I could withdraw anytime I want to.
2 people like this
@Butterfingers (66583)
• India
9 Dec 21
I hope you can understand and help me too
2 people like this
@Deepizzaguy (99643)
• Lake Charles, Louisiana
7 Dec 21
I have no idea how to with money from Superman's planet I mean the new method of money that is being used these days.
3 people like this
@Deepizzaguy (99643)
• Lake Charles, Louisiana
7 Dec 21
@Butterfingers I cannot afford to invest in items that are too risky to try.
2 people like this
@Butterfingers (66583)
• India
7 Dec 21
Yes me too and there is too much risk involved
2 people like this
@DocAndersen (54402)
• United States
7 Dec 21
in the US in 2008, people kept pushing investors to get into the sub-prime real estate market. People stopped and the market collapsed.
that, is coming from crypto people stop investing it will plunge.
1 person likes this
@DocAndersen (54402)
• United States
9 Dec 21
@Butterfingers i keep telling my friends get out now, you made money don't be greedy!
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
@DocAndersen yes we all need a friend like you who keeps us reminding about this
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
Yes seems like that and since I'm a slow learner I'm taking more time to learn
1 person likes this
@anil02 (24688)
• India
15 Dec 21
@Butterfingers No other one have control on price of crypto
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
I don't know if big bulls can do that in crypto market
1 person likes this
@louievill (28851)
• Philippines
7 Dec 21
Are you referring to bitcoin or any popular altcoin? To date there are approximately 10,000 cryptocurrencies , different projects, different problems they try to solve and the use case is very diverse that ranges from currency, smart contracts, NFTs or non- fungible tokens, gaming, gambling etc..etc...but one common factor almost all share is they run on a new technology called blockchain technology.
I had been into crypto for a long time and I had seen much worse dips than just what happened, infact dips are an opportunity to buy.( not financial advice but it's what I do) It dipped to 46k and it is now back around 51k, I bought 12,000 pesos or around 240 dollars bitcoin when it dipped. In order to protect my crypto I just put them in wallets and some in legit, regulated and legal yield earning sites to earn interest and I just forget about them, I don't really pay much attention to price fluctuations since I hodl ( accumulate) rather than time the market (buy when low/sell when high)
1 person likes this
@louievill (28851)
• Philippines
13 Dec 21
@Butterfingers not financial advice but do research on the sites Celsius network, Nexo, block-fi. Personally I prefer Celsius but you can pick depending on your region. Even the biggest exchange Binance have several earn yield program, I left some satoshis and doge there in there flexible earn program, you could also opt for their locked program ( weeks, months or years to earn a higher APY) Again do your research and do it at your own risk.
@Butterfingers (66583)
• India
9 Dec 21
That's good but don't forget these all together 
but I wasn't aware of any websites where you can earn interest from them
but I wasn't aware of any websites where you can earn interest from them1 person likes this
@LadyDuck (467179)
• Switzerland
9 Dec 21
@Butterfingers I know and I wonder why they did not move long ago to regulate and unregulated market that is now causing serious power problems because the "mining" is polluting more than many other stuff.
2 people like this
@Butterfingers (66583)
• India
9 Dec 21
Wow glad you know about it. Yes Government's are trying to regulate it
1 person likes this
@moffittjc (120850)
• Gainesville, Florida
22 Jan 22
I followed it for a while and thought about investing in it, but the ups and downs are just too stressful for me. To me it's not worth the headache. I will just invest in the old-fashioned way, in stocks and bonds and mutual funds.
1 person likes this
@moffittjc (120850)
• Gainesville, Florida
25 Jan 22
@Butterfingers I’ve already been skipping it. To me, it’s still too new, making it extremely speculative.
@Butterfingers (66583)
• India
25 Jan 22
That's correct and now I also feel that we should skip it
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
Yes so much difficult to understand and work with
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
Me too. I wish we can learn as trading can pay really well
1 person likes this
@ThatDisha (4010)
• India
10 Dec 21
I have no idea about it nor i keep track of crypto my boyfriend is an avid spender in crypto market he's always talking about buying crypto as a safe deposit for future
1 person likes this
@Butterfingers (66583)
• India
11 Dec 21
Good to know, so you have restored your relationship with him 
1 person likes this
@ThatDisha (4010)
• India
12 Dec 21
@Butterfingers haha..unfortunately he was not the one for me
I am settled with a much better guy
And happy to say ***just engaged***
@Butterfingers (66583)
• India
7 Dec 21
I'm not but looking at everyone talking about it and believing it as the next big thing we should see if we can learn about it
1 person likes this
@DaddyEvil (137232)
• United States
7 Dec 21
I couldn't figure it out so left Noise. None of it makes any sense to me.
1 person likes this
@Butterfingers (66583)
• India
9 Dec 21
It's better to avoid if we don't have any interest in it
1 person likes this
