Taking financial advice is good for learning but you have to be careful when you implement it. Suppose, I am consuming lots of finance content from leofinance but it will be useful when I will implement properly in my financial strategies. These things help you to set your investment preferences. Research can make you billionaire and daily learning will increase your knowledge and this knowledge is a power. Bitcoin is like door of crypto industry and whenever bitcoin gets trending, We will see positive impact in cryto market and new money come into the market.
And obviously new people join the crypto market and this is what happened in the last bull run. Lots of new crypto users don't understand the importance of decentralization and they just think that everything is crypto. For example lots of people trapped in centralized exchange disasters and they basically lost their crypto now they will blame crypto industry for that. Actually the problem is we never learned what is the true meaning of crypto currency and what is decentralization.
Let's say you know the technology behind the bitcoin then you will never sell the bitcoin. Instead, you will hold bitcoin for long term in your ledger wallet and trust me no one is going to take your bitcoin from you untill you disclose your keys to someone else. I think this is the safest method to hold crypto. The thing is you just need secure your keys. Remember it.
The number of btc wallets holding at least 1 bitcoin or more reached more than 949,00 and you know this is very good for decentralization. The reason behind bitcoin popularity and importance for whales is it's decentralized environment because btc is truly decentralized crypto. Yes it is volatile but at the same time it is most decentralized crypto that's why it caught the attention of big investors everytime.
No matter how worst the situation i
s but investors believe that there is no end of this technology. And this is what retail invetors need to understand it. Holding is difficult but if you can do it then trust me you are the winner of the future. You have to focus on technologies and especially on decentralized projects. I mean by technology is web 2.0 , NFT and metaverse. You can invest your money there and stay away from centralized platforms because nobody knows when they will collapse.
Best example of decentralized web 2.0 paltform is our Hive and leofinance, Best NFT gaming platform is splinterlands and there various metaverse projects that you can choose. Hive is truly decentralized platform so your fund is 100% safe here as well as it is future of technology. I want to see metaverse project on Hive. I think splinterlands team should go ahead in this something like splinterverse. Only time will tell but I want at least one metaverse project on HIVE platform. HIVE is not just social media but it is a lot. Most scalable and convenient blockchain in terms of transaction speed and building many types of dapps. Powerful community, team, Decentralization, Technology and more these all things are present in HIVE. I have learned lots of things and that is why I am building my portfolio in Hive and it's dapps and I have not just taken the decision over night but I have taken the inspiration from others and increased my knowledge and still I am learning. Hive is not just quick money scheme but you have to keep building here. More dapps will bring the more money in Hive market cap because these dapps have to pay for RC for their users and this is what going to impact hive price. Lucky ali Thanks
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Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you my hive family ♥