I know a few here have some. Do you think it will go higher soon?
If you don't like Bitcoin please post your replies away from this thread.
I thank you.
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I know a few here have some. Do you think it will go higher soon?
If you don't like Bitcoin please post your replies away from this thread.
I thank you.
Wish I'd bothered 5 or 6 years ago when I thought about it but instead put more into stocks which have rebounded very well and don't intend to touch for years anyway. But wish I'd had more balls at the time
Now have a small amount in BTC and ethereum but keep meaning to increase it, I'm just constantly surprised by how it keeps on moving. Waiting for it to fall off a cliff but just doesn't happen. Yet anyway.
What do you think happens to the BTC price when all are mined?
Cryptocurrencies, then along came DeFi, followed by Yield Farming and NFT's. However, the future is the Metaverse!
So much so, that Mark Zuckerberg is rebranding 'Facebook' to 'Meta' (I kid you not!). It's in its infancy, but a huge amount of money is going to flow into this. I've just bought my first Metaverse coin and can see the massive potential of this.
I'm not going to touch my crypto assets, not until 2025 at least.
BTW: A collection of nine steampunk characters, sold for $16 million at Christie's recently. Crazy, huh!
I missed the boat on Defi myself, to be honest. I was sitting rather happily on my cryptocurrencies and simply couldn't be bothered to dig into the nuts & bolts of Defi. Getting up to speed with crypto alone had stretched me to the limits of my capabilities at times.
However, the Metaverse is going to revolutionise things and presents a great opportunity for those that feel they may have missed out on previous blockchain technology opportunities. It's not solely about gaming (which I hate), it can potentially change everything from the way you shop, buy a house, to being in the same room as someone who's on the other side of the world (in VR, of course!).
So, you can go on somewhere like 'Coingecko' and search for Metaverse coins/tokens. It's similar to buying stocks in a fledgling company that you think might do well, only these companies are part of Blockchain technology. Therefore you buy a digital asset and store it in a wallet (as you would with cryptocurrencies). Ultimately, you hope to purchase a coin/token at a low price while it's still in its infancy, sit back, and hope it grows in value.
Actually, you can also buy land and assets like cars, etc, and receive passive income from when people use them in the Metaverse... but that's going a bit deeper than my original post intended.
You won't be able to buy any NFT's on Coinbase. I don't have much experience of them myself. However, I do know that two of the most popular sites are www.opensea.io and www.rarible.com. I have only used OpenSea of the aforementioned.
When people take their profit from Bitcoin, and the price starts to drop, it tends to push up the alternative digital currencies, and this is where the big gains are made.
Terrifying.