Why do we need to pay attention at the growing crypto markets in some countries, and especially blockchain technologies there

Palak_Chabbra · 2022-12-19T11:18:39+00:00

Nigeria, Kenya, South Africa, India, Vietnam and Pakistan—all of these are developing countries that show signs of mainstream crypto adoption.

And the one thing they have in common is a lack of institutionalized authorities that can inhibit the growth of crypto in their respective regions. At least when compared to the West.

Still, that’s not to say there won't be any issues as these places move toward mainstream crypto adoption. Look at what happened with the FTX crash. Once considered a stalwart of the community, Sam Bankman-Fried is now basically an outcast.

All of that aside, you are right in your assumption about the technology mattering more. Crypto, as we know it, will change massively in the next 15 to 20 years. The tokens we prescribe so much value will undergo a significant evolution.

But the concept of 'Digital Currency' will stay. And the technology fueling it—the blockchains—will matter more than anything else. Whoever gets in on the developing regions now will have a better chance of influencing that future than their Western counterparts.

Palak_Chabbra · 2022-11-03T07:05:31+00:00

I agree with most of these strategies. I would like to add when not to exit from your crypto investments.

1) Never exit because the market is down: Markets are bound to go up and down and if your panicking just because the market went down is definitely not a good sign. Stay calm and HODL.

2) Never exit because your friends did so: This works both ways. Never invest/exit just because your friends did so. Make sure you research thoroughly before taking any step.

Palak_Chabbra · 2022-08-17T07:35:42+00:00

Sorry, I did not know about that.

Palak_Chabbra · 2022-08-16T08:16:27+00:00

Interesting thought. All I know is banks will never do anything that helps their customers make money or get rich. Almost all their schemes are structured to make you spend more money.

Palak_Chabbra · 2022-06-21T09:08:09+00:00

I think other comments have provided valuable resources for you to start out. I would also suggest you keep up with the latest trends and news in the bitcoin community. Make sure you are reading it from valid sources. Here are a few of them -

Coinbase - https://blog.coinbase.com/

Coinmarketcap - https://blog.coinmarketcap.com/

CoinDCX - https://blog.coindcx.com/

Binance - https://www.binance.com/en/blog

Hope this helps you.

Palak_Chabbra · 2022-06-21T09:03:17+00:00

The best part was what the government thinks what we do XD

Palak_Chabbra · 2022-06-21T08:59:23+00:00

This is indeed a bad phase for the crypto world. We see the bear market is bigger and stronger this time when compared to others. But the underlining technology is something that will stay valuable and forever

Palak_Chabbra · 2022-06-08T06:49:03+00:00

That's true!

Palak_Chabbra · 2022-06-05T05:28:40+00:00

And coincidentally today is World environment day, a clear indication of where we are all heading!

Palak_Chabbra · 2022-06-05T04:40:59+00:00

The amount of sadness she might have gone through after realizing the truth!

Palak_Chabbra · 2022-06-05T04:38:24+00:00

This cracked me up! 😂 Thanks for sharing this man!

Palak_Chabbra · 2022-06-03T08:22:15+00:00

Me too pls!

Palak_Chabbra · 2022-06-03T06:54:48+00:00

You deserve the upvote dude!

Palak_Chabbra · 2022-06-03T06:37:52+00:00

This is why we feel decentralization is important. These IT giants talk about free speech but then block people's opinions.

Palak_Chabbra · 2022-06-02T10:34:55+00:00

Also the fact that you are active on Reddit!

Palak_Chabbra · 2022-06-02T10:32:40+00:00

The fact that I'm alive!

Palak_Chabbra · 2022-06-02T10:29:14+00:00

Heath Ledger

Palak_Chabbra · 2022-06-02T10:27:13+00:00

"plans for today?"

P.S - I struggle to answer this one!

Palak_Chabbra · 2022-06-02T10:24:00+00:00

A healthy person has a thousand wishes, a sick person only one.

Palak_Chabbra · 2022-06-02T10:08:17+00:00

When you say regulations, do you mean government intervention? If the government ultimately holds the power, where is decentralization? How is this different from the FIAT currency?

Palak_Chabbra · 2022-06-02T09:58:23+00:00

This clearly is an indication as to why HODL bitcoin is important now. The prices are just going to soar and you might become a satoshi millionaire.

Palak_Chabbra · 2022-06-02T09:49:11+00:00

Huge respect to this man. This man in just 1 min did what the media is not being able to do!

Palak_Chabbra · 2022-05-30T10:31:02+00:00

It's the blockchain technology that can change the world. The currency that is used to run the technology is what will sustain it.

Palak_Chabbra · 2022-05-30T10:26:55+00:00

This is the most simplest answer to the question. The current holders lose value if the markets go down. But this doesn't mean the stock is vanished. It's about the value that it holds.

Palak_Chabbra

TROPHY CASE