Questions tagged [crypto]

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Silvia Silvia Thu Mar 28 2024 | 7 answers 1464

How many people got rich from crypto?

I've often heard about the incredible stories of individuals who've made it big in the crypto world. But how many people actually got rich from crypto? Was it just a few lucky ones, or are there many who've benefited significantly from this industry? I'm curious to know the actual numbers and percentages. Also, could you elaborate on the key factors that led to their success? Was it pure luck, or were there certain strategies and insights they possessed? And lastly, what are your thoughts on the sustainability of this crypto boom? Will it continue to generate such lucrative opportunities, or is it just a temporary fad?

How many people got rich from crypto?
mia_harrison_painter mia_harrison_painter Thu Mar 28 2024 | 7 answers 1312

Why is the crypto bull run every 4 years?

I've noticed a pattern in the cryptocurrency market: it seems like there's a major bull run every four years. What's the reason behind this? Is it some kind of cyclical market behavior, or is it linked to specific events or factors? I'm curious to understand the underlying dynamics that drive this periodicity. Could you explain it to me in a way that's accessible to a non-expert like me?

Why is the crypto bull run every 4 years?
ShintoMystical ShintoMystical Wed Mar 27 2024 | 5 answers 1065

Is it safe to keep crypto in USDT?

Hello, I am a beginner in the cryptocurrency world and am considering storing my crypto assets in USDT. However, I am concerned about the safety of this decision. Could you please provide some insights on whether it is safe to keep crypto in USDT? Also, could you elaborate on the risks and benefits associated with this decision? Thank you for your time and assistance.

Is it safe to keep crypto in USDT?
ShadowFox ShadowFox Wed Mar 27 2024 | 7 answers 1418

Why China hates crypto?

Why does China hate crypto?" This question often arises in discussions about the complex relationship between China and the world of cryptocurrencies. After all, China has a long history of being a major player in the global financial market, so why would it seemingly turn its back on a rapidly growing and potentially disruptive technology like crypto? Is it because of the volatility and risk associated with cryptocurrencies? Or is it due to concerns about illegal activities like money laundering and tax evasion that could be facilitated by anonymous transactions? Maybe it's because China fears that crypto could undermine its control over the financial system, or because it worries about the social and economic consequences of a widespread adoption of crypto assets. Whatever the reasons may be, the fact remains that China has taken a cautious and sometimes contradictory approach towards cryptocurrencies. It has banned initial coin offerings (ICOs) and shut down crypto exchanges, but at the same time, it has also explored the use of blockchain technology for its own financial systems and has even issued its own digital currency, the digital yuan. So, does China really "hate" crypto? Or is it simply trying to navigate the complexities and risks that this new technology brings? Only time will tell.

Why China hates crypto?
Riccardo Riccardo Wed Mar 27 2024 | 0 answers 0

Why is crypto illegal in China?

I'm somewhat perplexed. I've heard a lot about cryptocurrencies and their potential, but I'm also aware that China has taken a strong stance against them. Could you explain why crypto is considered illegal in China? I'm interested in understanding the reasons behind this decision and how it might impact the global crypto industry. Thank you for your time and expertise.

Why is crypto illegal in China?

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