The nature of cryptocurrency
The nature of cryptocurrency makes it work outside to jurisdiction of banking as well as out of reach of government agencies manipulation. This particular nature is what makes cryptocurrency trumpet above other means available to get financial breakthroughs. The fact that you can keep your safe if you choose the right platform without having to pay huge taxes to the government makes it an avenue to have the freedom to keep funds as well as make huge profits defending on the coins you HOLDL.
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Another nature of cryptocurrency that makes it unique is its volatility. This nature could either make its holder rich or go bankrupt. Is it not amazing? Many people have attributed evils to cryptocurrency just because of this nature. Some have argued that in minutes, you are a millionaire, and in another minute, you are back at the square; thereby losing all the riches you have amassed. Is it not funny that while one is crying, the others are rejoicing? Where one meets fortune, another is misfortune.
Recently, about a couple of days ago, the BTC price was at 71k. I was discussing with a friend about the BTC halving that is set to take place this April and its effects on cryptocurrencies. I told him it is likely we see BTC dips before we have the halving. If you have been in the cryptocurrency phase in the last couple of years, you may understand this. Yesterday, BTC with other altcoins blew our hearts as it went dipper and dipper. At this point, I couldn't take it as I had to close most of the positions. I opened both margin and futures trading. I must say that I lost over $200, which I consider not as huge compared to if I had not stopped losing. I also think we would see more of BTC dipping before the halving takes place.
One should keep one's funds in USDT or a stable coin like HBD and observe the market for a couple of days. I'm sure BTC would increase after the halving. It is just that it might not be immediately. The effects of the halving might be later than expected. Perhaps, a few months after the said date.
This is not financial advice. It's just my perspective and opinions as far as cryptocurrency is concerned.
98% of mainstream cryptocurrency coins has been hijacked, no longer intended for what it was created for in the first place.
Monero is the only true cryptocurrency, all others (including Hive) leads only to techno-slavery...as 98% of cryptocurrency must follow the BTC trends and the big players behind it (Blackrock's involvement with BTC and the recent ETF approval should be a red flag for all those who have eyes to see).
Stay vigilant.
Can you shed more light on the monero coin? It prospects.
Here you are
https://www.getmonero.org/
https://www.reddit.com/r/Monero/
Monero has been well known in the freedom community. It's heavily criminalized by centralized government and the bankers who run this world, calling it the currency of the big bad dark web; but the contrary is more revealing.
It's a coin that was created as cryptocurrency was originally intended: adecentralized, private, near anonymous (i say near because people's understanding of OPSEC, and how they use Monero often times gives their identity away), fast, low transaction fee and fully untracable transactions.
The total supply of Monero will be less than BTC up until 2040. Monero will forever grow and is independent of things like the "Halving" phenomena, and also independent of the centralized fiat financial system (though it can be measured with such a measurement).
It's prospect is in it's privacy and true freedom to transact without Big Bro watching you. It's also the biggest threat to all centralized government and finances.