HowTo Buy Crypto – Part 8: The Rest

in howto •  7 years ago  (edited)

Frankly, in my opinion, the rest are not worth specific mention. As I am a person who prefers to focus on the positives and to build success upon success, I see no point in wasting time on pointing out and explaining the individual negatives for the rest of the crypto brokers and exchanges. Whatever the case, from being too small to generate confidence, to being too crooked to even get a second look, a case by case study would be a horrible waste of time, especially since the negatives are all so very similar both in design and grouping.

Look at where the majority of scandals, hacks, market manipulation and scams originate from. Three of the Top 5 Cryptocurrency Hacks of All Time came out of this region. (The other exchange on the list thoroughly transformed and moved to a stronger jurisdiction.) Those are the biggest, but there are dozens, if not hundreds of smaller sized scams around the world. Yes, in the past we saw some of the same in the U.S. too, with the likes of Mintpal and Cryptsy, the latter which was really a Belize company operating in the US, and the former now with fugitives abroad, but the pattern has changed, and the tendency in the U.S. now is to get legally compliant, or die.

That’s not the case on the Asian side of the Pacific though. Anything but! And who would be surprised by that when the dictatorial central government of China finds it impossible to convince anyone outside its borders that its official economic data isn’t just one big continuous fraud? Nobody takes their figures seriously, and much less so when they make themselves even more laughable by supposedly wanting to “regulate Bitcoin” by banning it one day, and then saying the next that everything is okay. Who is going to take that seriously? The biggest originator of FUD and market manipulation in the world! Who is going to entrust their hard earned money to anyone within that legal context?

I don’t want to have anything to do with anything out of that part of the world, neither those government tied tokens touted to be the next ETH killer, nor any of the “exchanges” based there. The Asian Pacific Rim is the world’s hotspot for all kinds of dubious crypto activity and is a place I want to avoid. Nevertheless, make no mistake, the swindles, scams and hacks don’t end there: we can find them just about anywhere, outside of Europe and North America, that is.

Where we have seen the least scandals, and where we have seen the best efforts to avoid hacks and theft and to turn crypto into a respectable business is in Europe and North America. Is it any coincidence that all the brokers and exchanges I’ve reviewed in this series are located either in Europe or North America? Not in the least! In fact, it’s completely logical to expect the financial powerhouses of the world to act seriously and responsibly when it comes to the emergence of a viable and promising new investment arena.

North America and Europe are the places where bad things are least likely to happen, in my opinion, and I wouldn’t do business with anyone outside of those geopolitical regions. Why would I unnecessarily complicate my life? There are no better fees outside those areas, no better services offered, just more risk. In fact, it’s all worse, so why would it even be an option?

I like to stay with winners who do things right, and for anyone who doesn’t make the grade, I just don’t go there!

Previous posts in this series:

HowTo Buy Crypto – Part 1: LiteBit

HowTo Buy Crypto – Part 2: Coinbase

HowTo Buy Crypto – Part 3: GDAX

HowTo Buy Crypto – Part 4: Kraken

HowTo Buy Crypto – Part 5: Bitstamp

HowTo Buy Crypto – Part 6: CEX•IO

HowTo Buy Crypto – Part 7: GEMINI


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Well! I'm from India! and I don't know much about North American and European Exchanges to be honest! But I could shed some light on the exchanges we have here at India, the south asian country!

Most of the exchanges here in India are amazing , except from the fact that the market rates are pretty high here comparing to other exchanges! The only international exchange I've used is binance and I don't feel good about my experience there, their fractional trading problems is a big headache ( same with most international exchanges).

The most popular Indian exchanges are Zebpay, Unocoin, Coindelta, Koinex etc! Unocoin introduced me to the world of cryptos, but I came to realize that their fees were pretty high and I switched to Zebpay, which was quite an amazing experience! Since at that time, trading was not a part of their system, I also registered an account on Coindelta where I started trading!

Almost all of the Indian exchanges are genuine and doesn't scam the users! As I said, I don't know much about European and American exchanges, but I thought I would shed some light on Indian exchanges!

Took a quick look at a couple of those, and I must say they look good at first glance, and based on what you say, this looks very encouraging. In fact, it's great to see. Always knew the subcontinent was at the lead . . . in just about every sector as well.

Thanks!

P.S. Good subject matter for you to write about. Let me know if you do so I can resteem it.

  ·  7 years ago (edited)

Hi @cryptographic!
Thank you for going through my story which I presented through the comment!
As you mentioned, India is a market where cryptocurrency is on the rise even though our government and reserve bank is trying their very best to spread negative publicity on cryptos to the public. The market is just booming!

Since I am at college, I might not be able to create content often, but the weekends are just arriving and I would love to create an article based upon your suggestion! I will try to contact you through your upcoming posts! Your resteem would be great for my article to reach a wider audience and would help me get more attention from the community!

Keep up the good work of supporting the community @cryptographic 🙂

Can't wait to see it.

Abstract The world must realize that digitalization and currency are a brilliant future for the world and that there are different possible scenarios for the future of the currency market as a whole and how digital currencies will become part of it. It is highly unlikely that digital currencies will take the whole market. As long as there are countries and central banks, they will keep their own currencies. It is also highly unlikely to reach the other extreme for digital currencies to be completely eliminated, as many major financial institutions have gradually begun to realize the benefits of the underlying block technology underlying digital currency technology.
It is logical to assume that the final form of the currency and currency markets will be a hybrid of these scenarios. While all of the more than 1,000 digital currencies will not be able to survive in the long term, many of them will remain. Many large banks have absorbed Xrp, for example. In addition, these currencies can not be overlooked with their huge cumulative market value. Therefore, it is likely to become an increasingly large part of the global currency markets, with some digital currencies still as they are today, others may be used by financial institutions, or even adopted as official currency by certain governments
In both cases, the future of the digital currency seems interesting, and what we are witnessing is just the beginning of this global economic phenomenon that will change everything we know about the currency market.
My greetings to all the digital world a new world is calling for
I hope you will give your opinion in my simple participation

sir. @cryptographic

That's a very nice balanced view of the future that I can pretty much subscribe to.

A total win-win for everyone.

Yes, I am glad that my idea has reached you, my greetings. Sir, I have been glamorous and will remain so

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  ·  7 years ago (edited)

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Thank you Magoo!

Well, i seemingly agree with you on this but there are still some trusted and highly secured exchange out there you haven't mentioned. Though you point is clearly understandable. For you, the standard is high and anyone who doesn't reach the standard isn't considered worth it. I have a favour to ask from you. Can you do a last post compiling a list of the exchanges you feel don't meet your grades but can be considered?

I wouldn't be doing business anywhere else - talking about crypto-fiat exchange, and not about crypto only exchanges, of course, which I do plan to deal with something soon as I get the time.

Thanks for the series as I think you have achieved the intention. I would add that this should be revisited as changes continue in the space. For example, the recent launches of decentralized exchanges bring a long term opportunity of a model that can benefit investors and the industry as security becomes more of a concern. Also, with the recent announcement of Circle (backed by Goldman Sachs) purchase of Poloniex we will see the addition of financial giants coming into the space. It will be interrupted to see how these entries impact the opportunities for investors.

The decentralized fiat-crypto exchange is coming, and I will be here to write about it once it's fully operational! As you say, the Circle deal points to another example of big money moving into crypto, and probably quickly. We'll see if the decentralized exchanges can keep pace.

My thoughts exactly. I totally understand not wanting to put out negatives. That said, there are so many things these guys have to work on. I think you pretty much got the important ones down.

I wouldn't advice a case by case study either. It's a waste of time, and frankly not worth it. The problems are similar. I believe the first parts of the series did justice to buying, honestly.

P.S I totally agree with you on the China issue. The FUD they spread is just crazy. I'm glad the crypto world handled it well, though.

Exactly! Lot's to improve on. And the race has begun!

(Most don't have unlimited fiat backing to be perpetually wrong with.)

Great points at cryptographic.

The crypto world is wrought with scams and fraud. It only gets worse when you get into countries that are not known for their transparency (not that the west excels at this but it is better). While we know how the USG operates, at least their regulators are somewhat attentive. Even the banksters get hit with huge fines.

It is very important for people to do their best to operate with reputatble entities. For all the attacks coinbase took over the IRS deal, at least you know they will be around and if something goes wrong, they make it right.

Overall, this was an excellent series...one that should help newer people.

By the way, I will send you a link to buy some of that Chinese ETH killer...it seems you are hot on it. 😀

By the way, here is a podcast with @stan..just scroll down and it is listed under new.

https://www.futuretechpodcast.com/

If you are crunched for time, I did a write up of it on my blog explaining what he said...interesting stuff about the idea of EOS being used to enhance BTS.

I saw that and have to thank you for the executive summary since I haven't had the time to listen in. (Still hope to listen in, probably this weekend.)

Glad you liked the series. Hope you're right about it being a help.

No problem. I know it isnt easy being crunched for time and I try to give you summaries of what I come across.

I listened to a podcast put together by Weiss ratings...it was about the criteria they use.

I just did a writeup about that....their view of STEEM is like ours...

Unfortunately, they have a much different view of Bitshares...so was a mixed call....and not easy to write up.....

Just saw that a bit ago. Left a comment there for you. I think they'll change their tune sooner or later with regards to BTS.

Hi @cryptographic ! Very right what you mention about scams and negatives of doing business with exchanges outside the ones you pointed out!

2 Things I would like to say:

1- There are other countries like Mexico that has the Bitso exchange, and yes, it is small in size and trading yet, but I think it can be trusted. For people in Mexico I believe this is the main gateway to get FIAT into crypto.

2- I hope Bitshares comes up with a service that people on everypart of the world can upload FIAT of their country and automatically get bitUSD or BTS. That will be amazing for Bitshares and for the entire crypto community.

If the reason for not having this yet is because of regulations, perhaps a cross chain blockchain or the way it is called, that acts as a bridge between Bitshares and the banks could be the solution?

Looking forward to your thoughts on this.

Regards, @gold84

Good of you to point out that in many parts of the world there are localized exchanges serving their customers well. Lot's of people have a difficult time buying crypto, and the more we can help solve that problem, the better. BitShares would definitely be well advised to aggressively get moving in that direction!

Gemini still my best. These "rest" really sucks like you said. Can they improve? Sure. But their histories are not very encouraging. Scams, hacks, etc.

I totally agree with all your points. China spreads crazy confused FUDs that doesn't really inspire much trust in them. North America and Europe are the only ones in the right directions.

Stay with the winning team--Gemini!

Gemini could be a long term winner alright. They sure have put in a very good foundation to build on.

If 2017 was the year of the ICO, it seems as if 2018 is destined to become the year of regulatory reckoning. Things have already begun to heat up as countries around the world grapple with cryptocurrencies and try to determine how they are going to treat them. Some are welcoming, others are cautious. And some countries are downright antagonistic.
Here is a brief overview of how 15 countries/unions from various regions are treating cryptocurrency regulations.
https://bitcoinmagazine.com/articles/cryptocurrency-regulation-2018-where-world-stands-right-now/

I completely agree that 2018 could be destined to become the year of regulatory reckoning. Thanks for that great reference link!

Defintely. The FUDs spread by China and co has been handled pretty well, wanna know why? Nope, you do already. It is simply because:

Nobody takes their figures seriously,

And,

they make themselves even more laughable by supposedly wanting to “regulate Bitcoin” by banning it one day, and then saying the next that everything is okay.

That honestly pissed me off so much when it happened. Like make up your mind or GTFO already.

I hope they come around, though, and see the beautiful of this. Something tells me it's inevitable that they all will. Would defintely love that when it happens it.

Is this the end of the How To Buy series? I saw it pretty late but made sure to read em all.

It's only a matter of time, as you say, otherwise they will completely miss out on the future and be left behind in the dark ages.

@cryptographic,
"North America and Europe are the places where bad things are least likely to happen, in my opinion, and I wouldn’t do business with anyone outside of those geopolitical regions."

I am agree with North America, but I have doubts about Europe zone. Because, this is my personal experience. Before I am joining the STEEMIT, I was an active revenue sharing program investor. But most of the programs were ended up with huge scams! Most of programs are from Europe Zone! Personally I lost more than 25 BTC in early 2017 due to those programs!
But North America, it has a different story! People are well bounded to the rules and regulations! So, I had a chance to do my best in crypto world with those people!
One of the latest scam and fraud was BitConnect (BCC). If I am not mistaken it was registered to GB!
Therefore, my personal experiences says when we are going to select wallets or exchanges better select them from US and other North America zone! For me it's a safe heaven! That would be a great idea to discuss about this topic! Most of people don't know until they trap into huge scams and online frauds!

Cheers~

Revenue sharing has a pretty bad reputation, especially in the U.K. (but I'm sure they're not alone). Sorry to hear about that. I like what I see on the continent though, with respect to crypto adoption, that is. Nevertheless, once you've bought into crypto, you're in complete control and can keep what you own in your own wallet, on your own computer, wherever you are. You don't even need to depend on any exchange or broker for safekeeping.

Yup, that pretty much sums it up. North America and Europe for me too, definitely. Look if the US and Europe spread as much FUD, or make as much fuck ups as the Asians, we're all pretty fucked. That is not to say they don't make their own mistakes, but still theirs is relatively saner. Definitely not saying something today and then going back on it tomorrow.

Staying with the winners for me too all day, man. Thanks for the series.

For everyone who has a choice, there's no good reason to choose an inferior product, and less so with so many first rate options to begin with.

Excellent post friend and i agree with your thoughts America and Europe websites really support cryptos and many of sites from these countries are legit and emerge to stay, whereas many small asian sites are just emerged to scam with investor's and user's, so we all need to do proper research before putting our hard earned cryptos in exchange, i think we try to use exchanges which are working from year's but one thing for sure that all these developments and existence of more and more new exchanges proves that crypto has bright future ahead and it also give more strength to crypto space, all prominent exchanges will catch more investor's and trader's, so it directly beneficial for whole crypto space, thanks for sharing your knowledge with us friend, Stay blessed

I remember when it was just a couple of main exchanges and the fledgling "mom and pop" exchanges trying to start from zero. You're absolutely correct in saying that all these developments and new exchanges with big money backing proves that crypto has a bright future ahead. Just another sign on the wall. 😉

@cryptographic - Sir unfortunately I had no chance to get an experience of any of these exchanges so far... I tried, but due to limitations & verification processes I never had a chance to do a deposit on crypto by my debit cards... But Sir, after reading your articles I got an enough knowledge of these exchanges...
Sir I'm from an Asian country... But like you said I'm not trusting any exchanges from this region... Korbit & Bithumb are using most of my friends who lives in Korea... But Sir I didn't trust them...
US has solid financial criminal laws... Therefore, Sir I trust these listed exchanges than few region's exchanges... Nice you decided to discuss this topic Sir...

+W+

I'm sure things will get better everywhere. If crypto is for real, which I think it is, it will be impossible for things not to get better everywhere, at least to the level that local banking has reached. Problem is that by then everything will be fully priced. I understand the dilemma that faces everyone outside of Europe and North America. For now, the risk is greater, but once you've bought in, you're there for the long term and someday you'll be able to sell at a local bank, again, once things are fully priced. 😁

@cryptographic - Yes Sir, I'm doing this for long-term... Short-term this is not worthy with current situation Sir...

+W+

Well, yeah scams, hacks and FUD is basically everywhere, but there are indeed regions where it orginates from more often. We always have to be extra careful about everything we do, because everyone is trying to scam, hack or manipulate you for their own gains. Information and data is less and less secure each year, and our whole activity on the internet is being sold to all kinds of companies. Decentralization is coming in right in time!

While I don't have a lot of confidence in Poloniex - their acquisition by Circle makes them an interesting player in this space in the future. Circle's been a huge player with institutional crypto investors already and the addition of Poloniex gives it signficant consumer scale now. They're also coming out with Circle Invest - a Robinhood/Square-like app which allows for easy household trading of crypto. Jointly, the volume of investments processed through Circle/Poloniex now shoots them into the top 5 I think.

Both of course have had their share of scandals, hacks, and DDoS attacks so buyer beware still. But - it's hard to argue with that scale and the level of innovation we're seeing out of Circle. They may be a major platform player before long.

The Goldman-Circle-Poloniex connection is going to be one to watch!

I won't recommend Coinbase, unless you don't mind to deliver your data to the IRS. The exchanges need to be decentralized and without the necessity to register your personal data.

One of its positives is exactly the fact that it complies with the IRS.

From my view, that's something that no survivor can get around.

A very good information @cryptographic, posting like this is what I am looking for. To be able to learn about Crypto and learn more about Crypto. Honestly, I have not really understood Crypto, because I also just joined in Steemit. Therefore I am very happy to read articles that discuss about Crypto and others about Steemit.

I will continue to read and understand from the content of your article, so that I can learn and understand about Crypto. I am sure, with often I read your article. I can certainly understand about Crypto and be as successful as other people out there, to work at Steemit. Thank you for sharing a very useful science for the people, especially for myself. I will always follow your post, so I can learn a lot with you. Hopefully you will be more successful to work.

Completely agree with you, there is no need to waste your time on exchanges that do not deserve attention. Asian exchanges will always be in the background, only because the Asian states belong to the crypto-currency with much greater suspicion and not friendliness than Europe and North America. Plus bad security exchanges. For example, the large Korean exchange Youbit after the hacker attack announced the closure. Because of this interest in crypto currency may decrease. This further reduced their reputation. Thank you for the interesting post @cryptographic

I completely agree with you, what has recently happened on the Asian sites of cryptography gives a big reason to think about whether it is worth working in the region at all. All the recent actions of China and South Korea led to shocks in world cryptography and, most importantly, their intrusive influence did not have the proper effect, only a general negative from the Asian actions appeared. On the American and European venues, of course, there were also minor errors, but in general this market proved to be much more stable and progressive than the Asian one, which certainly makes it more attractive in the long term! Thank you @cryptographic

The markets are controlled by whales who artificially inflate and then dump coins or tokens, rinse, repeat. Very many also just happen to be Chinese and very many of those are organized crime. It's not just a matter of selling off their remaining holdings. By manipulating trade through massive buy and sell transactions, and shorting stocks, collapsing the market, taking profits, their intake is multiplied.

Most of the currency will be moved to the U.S. or Canada, transferred to FIAT and then parked in commercial and larger residential real estate holdings, and then some returned to China.

More and more of it will be straight Bitcoin transactions, ignoring fiat. Wealthy Chinese people don't feel comfortable with their wealth in China, so they export it quickly and park it in real estate, which they can monetize further or flip. Bitcoin is the easiest way to do this by far, hence the crack down. This is all simply old fashioned getting while the getting is good.

Agree with statement the Asian's makes the market unstable and creates FUD in the global cryptocurrency market in comparison with the europe and north america. I also prefer trading in these regions. With the level of growth that has occurred in the industry, greater attention is now being paid by Governments and other stakeholders around the world. . Different countries around the world have adopted varying strategies to handle the market.The attitude of countries usually falls under 3 categories; favorable, undecided and unfavorable. The fact remains that cryptocurrencies continue to be at the forefront of the modern day technological advancement and many countries are taking a long hard look at blockchain technology and its possible applications

Yeah, and those who are "unfavorable" are going to severely handicap their own future the more they try to buck this undeniable historical trend. Sooner or later everyone will have to get favorable, 'cause it ain't goin' away.

Hello @cryptographic,

Understood your point. Yes you discussed about almost all good exchanges & shared very informative articles. The most recommend exchanges are incredibly highlighted in your article. If you decided to discuss about all messed exchanges the valuable of your series of the articles eventually drops. Therefore, extraordinary good decision to select most trustful & highly secure exchanges for this discussion.

~@mywhale

Would like to hear your thoughts on Binance. A bit concerning for myself as part of my holdings are on the Binance exchange. I haven't had any issues (fingers crossed) with Binance thusfar and their interface is easy to use.

With the exchange being based in China, that is a bit alarming. Ideally, we get a pop in cryptoland and I'll be able to sell out of some positions and allocate into long term "forever" holds.

. . . being based in China . . .

That's all I need to hear, and you already know about my opinion on that.

And there are many better and much safer alternatives . . .

All the big and successful investors in the stock market world said the same thing - "Find good stocks to buy them and hold them forever".

What are the best crypto's to buy if you're looking for long-term potential and HODL for the rest of your life?

STEEM and BitShares are my two big bets that I expect to hold all my life.

Of course there will be more profit taking along the way. No way to get around that!

Hey, just to throw it out there, you mentioned that you would do one on Kucoin. Is that exchange for the bird in your opinion now? I heard about what they did about canceling their referral bonuses, but I still like their shares program.

Wouldn't touch it with your money. 😉

Better to trade with the genuine ones only other there are lots of scam :) thanks for sharing this great series of post

I prefer the stable version to the beta version any day, especially when there is no economic advantage whatsoever to take more risk.

Nobody takes their figures seriously, and much less so when they make themselves even more laughable by supposedly wanting to “regulate Bitcoin” by banning it one day, and then saying the next that everything is okay.

Regulate Bitcoin means:

  • We don't know what to do.
  • Let's ban crypto.
  • Buying some time.
  • Drive the price down and buy the dip.

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble

I agree with you sir that America and Europe support cryptos and the evidence

"However, recent developments, such as the listing of futures contracts by US bourses, could also push European banks to adopt Bitquin, so we will definitely look into it."

It is a worthy statement from Draghi, although it is followed by a note in which Betquin and other coded, "unregulated" currencies are considered "risky assets", where banks should take risks in advance if they decide to include encoded currencies in their portfolio. The President of the Central Bank of the European Union also pointed to a unified control will be established through the "individual supervision mechanism" to supervise the risks of digital assets to institutions or banks under supervision.

Thank you @cryptotographic for sharing such a valuable post.

We think we should be more excited. We are just here to succeed
The past year has been overheated for the digital currencies so far, with the bitcoin moving to a wave of an amazingly bullish trend, reaching unprecedented heights. Bitcoin has long been at the center of this market. As a new industry, there are many unknown things about the future of the digital currency market. Nevertheless, it is quite certain that this innovative means of payment and investment has been born to live long.

The digital currency Bitcoin appeared for the first time in 2009, aiming to make the currency market a decentralized market. Before bitcoin, each currency had a central bank that regulated its price, making the bank control the value of the currency and enabling it to speculate on it depending on the bank's position in the country. However, bitcoin introduced a new model when it first entered the market.
Bitcoin developers have set a strict limit on the amount of codes that are launched, as they enter new currencies in circulation at a decreasing rate. The final number of 21 million units should be reached in 2140. This system has been developed to control inflation and avoid excessive market supply. With lower supply of units, this may also contribute to the long-term increase in bitcoin market value. More than 16 million bitcoin digital currencies are currently traded.

very useful information ...
in the world of crytocurrency to get the advantage we must be good at in predicting the market, so we will benefit ...
How to buy crypto is major obstacle for a new user ...
but you have to explain how how to buy crypto, it's very useful for all of us ...
Thank you for sharing @cryptographic

When crypto and trading very sought will opened the gap for exchange and brokerage sites did the manipulation or stop working, in my opinion we are safer to check the age of the domain, site address or company, if the age of a domain is still some the Moon and just a year or two years better don't participate there.
to check the domain, I typically use web whois.com or whois.net
According to my experience is more accurate.
I appreciate your posting which is a suggestion for players crypto.
thanks @cryptographic

Thanks a lot @cryptographic I was confused and as the no of exchanges increases it will only increase the doubts in the mind of investors. Sir just tell me which exchange is best to buy cardano please

great to share like this updated
thank's for sharing

Nicely done everything by you... Thanks for share those type of content and article..... keep it up!

@cryptographic I heard that LiteCoin will crush the market. If I have some USD then I will buy some LiteCoin. Heard that this will kill other coins except for BITCOIN.

very different one indeed!!!!

excellent your post..i will done upvote..great to share like this updated
thank's for sharing

I do miss trading on Cryptsy.

ha ha ha

Buying Cryptocurrency With Coinbase
If you’re interested in buying Bitcoin or one of the other better-known cryptocurrencies your best bet is CoinBase, which also supports Bitcoin Cash, Ether, and Litecoin. The popular digital exchange is easy to use and widely trusted, though it does go offline occasionally when trading is particularly frenzied.

  ·  7 years ago (edited)

images.jpg
i agree with you sir
Excellent post good analyses thanks for sharing.

You got a 0.99% upvote from @postpromoter courtesy of @cryptographic!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

I followed and upvoted.Would you like to follow and upvote me.
that's very helpful post!!
thank you..

litebit to gemini, it's not only an article, it's a series of discussions. your advice in this article also so valuable. finding a good exchanges with years of reputation is so hard thing to archive. moreover, exchange account hacked drama also there. therefore, these articles are very useful thing for people who wish to invest on crypto currencies. my suggestion is to start writing about exchanges as well. impressive article for all people. @cryptographic

@resteemia

upvote done

Crypto assets to Buy and HODL for the rest of your life...
Hold for as long as it hits your target goal price or profit.
If possible I would invest all in Ethereum and Waves at this time.
Whenever I hit my target price I will cash them out but not all.
buy some good altcoin for long term 😊

All the big and successful investors in the stock market world said the same thing - "Find good stocks to buy them and hold them forever".

What are the best crypto's to buy if you're looking for long-term potential and HODL for the rest of your life?

Thanks a lot @cryptographic, you share a very useful information for many people. This is very useful for me, because I can understand about Crypto. I do not really understand about Steemit, because I just joined in steemit. Greetings ...

realy nice post.Excellent move. I always see your post and follow you

excellent your post

This post has received a 22.82% upvote from thanks to: @cryptographic.
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Right now more than any fud including Chinese ones, i fear Tether collapse the most . It's exactly that run on the bank scenario that no one is sure will hold up. After the Great Depression (I think) the US established laws for banks on how much cash they needed to have to make sure a run on the bank would never happen. To make sure that you would never go to the bank and say "Hey, can I get $20 out of my account?" and they would say "Sorry, dude, we're out of money, you get nothing."

Tether insists that they have all the dollars to pay everyone back if there was a massive sell off. But no one's sure that that's true. That would imply that every time people wanted to buy tether, the company would make more coins and also get more dollars somehow to make sure they could still pay everyone back? It's hard to imagine how that could be done and I think people are suspicious that this would hold up long term.

I definitely agree it seems like North America is definitely where things are easier-going for purchases...at least in my experiences.

I am new to crypto and your article help me alot in crypto trading .
Thank you☺

excellent your post..i will done upvote..

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You got a 1.37% upvote from @buildawhale courtesy of @cryptographic!
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wow very excellent post Thanks for sharing i will done upvote..

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