arunima wrote:I have stayed away from cryptos.
arunima wrote:I have stayed away from cryptos. And I have my own personal reasons for it. I am a person with less risk appetite and not much clarity about it.
But it must have been attractive and lucrative to many. That's why so many people are involved in it. It's a big market globally.
Mika wrote:What makes crypto attractive is it is a payment system as well as digital assets. As a payment it is faster and cheaper, and as an asset it has the capacity to grow very big
oldbuddy wrote:Mika wrote:What makes crypto attractive is it is a payment system as well as digital assets. As a payment it is faster and cheaper, and as an asset it has the capacity to grow very big
I don't even think about the cost, since it's all free money for me anyway.
oldbuddy wrote:It sure is for me!!!! I ran some numbers this afternoon and I am rolling up to Three Million Satoshi in my two Bitcoin Faucets Now. And that is after withdrawing $200 USD last month as a hedge against disaster.I Love No Risk Free Money Compounding Daily!
raaman wrote:oldbuddy wrote:It sure is for me!!!! I ran some numbers this afternoon and I am rolling up to Three Million Satoshi in my two Bitcoin Faucets Now. And that is after withdrawing $200 USD last month as a hedge against disaster.I Love No Risk Free Money Compounding Daily!
It may be because of thefact that you are from USA, Tier I country!
Mika wrote:When you are using micro payments website, you do not pay huge fees, but when you will be transferring BTC or ETH through a normal wallet or exchanges, fees are terribly high
raaman wrote:Mika wrote:When you are using micro payments website, you do not pay huge fees, but when you will be transferring BTC or ETH through a normal wallet or exchanges, fees are terribly high
Yeah. The high cost of fees charged by wallets and exchanges coupled with Government taxes deters one from cypto, I would say.
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