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Vicky replied to the topic Cardano – Risk or smart investment? in the forum Crypto FOMO Club 2 years, 10 months ago
https://coinmarketcap.com/currencies/cardano/
If you look at the graph, you will get an idea of how it is doing. I don’t view this one as a risk because the numbers are showing a pattern of only going up from here. By how much though, I am not sure.
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Vicky replied to the topic What wallet do you use? in the forum Crypto FOMO Club 2 years, 10 months ago
I use Trust Wallet. You will have to do your own research for what you need. Some wallets don’t allow the exchange of certain currencies and some have high exchange rates. Do a comparison of the ones you like the sound of.
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Vicky replied to the topic What does the crackdown in China mean for crypto? in the forum Crypto FOMO Club 2 years, 10 months ago
There are a lot of Chinese investors in crypto as well as miners. This is likely going to hit the market because the miners will be pushed out by laws and regulations which will cause a decrease at first and then a huge influx. I expect to see most crypto double in value by the end of the summer because of this.
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Vicky replied to the topic Is Bitcoin worth it at this point? in the forum Crypto FOMO Club 2 years, 10 months ago
I think it is just because the value of USD is projected to drop quite a bit. What is sad is that these big companies and corporations know this and they will be handing out raises and arguing in favor of a minimum wage increase. People will be all for it but their buying buyer will be no better than it is right now, even though they are earning…[Read more]
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Vicky replied to the topic Is blockchain and cryptocurrencies the same thing? in the forum Crypto FOMO Club 2 years, 10 months ago
The easiest way to explain this is that blockchain is the mechanics that crypto runs on. It is a technology that can and will do other things in the future for privacy and more. Without blockchain, crypto wouldn’t be able to exist.
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Vicky replied to the topic What does the Bank Secrecy Act mean for crypto transactions? in the forum Crypto FOMO Club 2 years, 10 months ago
I think they want to keep people from skipping out on taxes or using crypto for illegal things (buying unmarked guns, drugs, child trafficking, etc. online). I understand the concerns around this stuff but they need to allow people to have their privacy. I am not fully versed on this Act or what it does though.
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Vicky replied to the topic GMR is maximizing their reach! in the forum Crypto FOMO Club 2 years, 10 months ago
As much as I hear about them, anytime I check the charts, they are always in the red. I am not sure what they are doing but I am not convinced enough to invest in them just yet.
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Vicky replied to the topic What options do I have to keep crypto safe-guarded? in the forum Crypto FOMO Club 2 years, 10 months ago
One option that is increasing in popularity is using a cold wallet. If you are not familiar with this, it is the opposite of a “hot wallet” being your wallet on your phone or computer. You store information offline such as keeping your passwords written down and kept in a safe place or putting them on a USB. For more security, hardware wallets…[Read more]
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Vicky replied to the topic Is there a safe crypto? in the forum Crypto FOMO Club 2 years, 10 months ago
Outside of Bitcoin, you can look into Ethereum, XRP, Cardano, Stellar, Uniswap, and Monero. Those are pretty popular right now and have a lot of support. They are not terribly expensive like Bitcoin is. Ethereum is the most sitting at just over 2.7k but has been as high as 4k I believe.
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Vicky replied to the topic I was considering investing in DOGE… in the forum Crypto FOMO Club 2 years, 10 months ago
The thing with this coin is that it is only still relevant because of Elon Musk. If a coin’s value is hindered by the things one person says or does, it is not a smart investment. People flip flop on Elon all the time and the coin’s value is likely not going to increase more than we have seen already.
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Vicky started the topic Just joined the site in the forum New FangWallet Insiders – Introductions 2 years, 10 months ago
Hello. My name is Vicky. I found this site through a random search looking for a community/forum for frugal living and finances. I liked the way it looked so I signed up. Looking forward to talking with everyone here!!
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Vicky changed their profile picture 2 years, 10 months ago
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Vicky became a registered member 2 years, 10 months ago
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