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[microunit]

Given that cryptocurrencies are continuing to grow and more and more businesses are thinking of adopting cryptocurrencies too , and some countries are also thinking of adopting it, do you think it is necessary to atleast have crypto now?

 

[AudraMiller]

Yeah there are already different payment gateways for cryptocurrencies now like coingate i quite use them frequently too , and also there is a side benefit to those holding crypto as your money could grow if the crypto do grow though this is not true for every cryptocurrency and is quite dependent though i myself have been holding some small altcoins and now that they have grown i have quite gained alot of profit from them

That is good to hear that you have generated a good profit from them and i think that it is very important that you know the moment that you need to cash in on that profit in order to be able to secure your funds. There are some times when people hold a coin for too long and miss the peak of its value. Make sure that you do not do that out of greed. All the best.

 

[Kennysplash]

Cryptocurrency is not necessarily a must have. However it is recommended to acquire it for long term at least if you desire to make huge profits. Cryptocurrency has been known to always yield good returns if invested in long term. But there is no criteria that says it is a must for everyone to acquire.

 

[AudraMiller]

Cryptocurrency is not necessarily a must have. However it is recommended to acquire it for long term at least if you desire to make huge profits. Cryptocurrency has been known to always yield good returns if invested in long term. But there is no criteria that says it is a must for everyone to acquire.

That is true, however if you look at how the various countries are starting to look t adopting the currency as well in to their financial infrastructure then there is a need for the people to buy these coins so that they are also able to use this form of payment for various good and services that they may be coming acoss.

 

[AudraMiller]

The world is dynamic and you need to flow as it flows, in time past people paid little or no attention to cryptocurrency but the case as of today is different and even if you choose not to invest in cryptocurrency,peer pressure will definitely pull you in.

In the beginning cryptocurrency was considered to be a fake financial system because people could not actually see the cryptocurrency coins and therefore it was considered to be a Ponzi scheme however recently this has changed because governments and companies are starting to invest there for giving people more confidence.

 

[AudraMiller]

This is very true,I was also skeptical about Investing in cryptocurrency back then, infact when we hear the word bitcoin we begin to contemplate on how they want to scam us, sometimes I feel regret but i know better and instead of blaming myself,I had to invest.

That is my thinking as well, and to be honest i got into bitcoin around three years ago when i saw that there are such sites as faucets where you are able to claim these coins for free and therefore i was able to get a look into the bitcoin world without having to physically invest in these coins as well.

 

[btaliat]

Can't say it's necessary but why not? Having own Cryptocurrency holdings will bring more good than bad. Think of it as an investment that you're more likely never lose

You are surely right. It is better to have it because it is not a trending trade. But having it posses more regret than having it especially this time that most countries are thinking of adopting it as their legal tender.

 

[AudraMiller]

Back in the days faucet have really shown resilience and productivity unlike now, reason been that the reward system of faucet is very poor and people carry task that can not amount to the adequate earning, hence the need to focus more on exchange.

There is still a lot of these websites that are available for people to use and it can be a very good introduction into cryptocurrency. It can also be very easy to earn cryptocurrency that way as opposed to trying to trade at the Beginning when you don't have as much knowledge on the various cryptocurrency coins and how they operate.

 

[berberguy]

I truly and strongly believe that anyone should have some Crypto
Because Crypto is taking over and it is almost a certainty that Crypto is the future
If you don't have any yet , you should buy some and save it for later or better yet learn trading and make daily profits

 

[AudraMiller]

I truly and strongly believe that anyone should have some Crypto
Because Crypto is taking over and it is almost a certainty that Crypto is the future
If you don't have any yet , you should buy some and save it for later or better yet learn trading and make daily profits

I wouldn't say that cryptocurrency is taking over because that makes it sound like it is overriding the current financial system that we do have but rather I think that it is a good addition to what we are currently using in terms of the Fiat currency and how we are processing payments as well.

 

[berberguy]

I wouldn't say that cryptocurrency is taking over because that makes it sound like it is overriding the current financial system that we do have but rather I think that it is a good addition to what we are currently using in terms of the Fiat currency and how we are processing payments as well.

In the next few years , I believe that would be the case
Crypto will replace the old currencies
As we can already see that crypto payments are being adopted in many places around the world
It's only a matter of time ...

 

[AudraMiller]

In the next few years , I believe that would be the case
Crypto will replace the old currencies
As we can already see that crypto payments are being adopted in many places around the world
It's only a matter of time ...

But if you look at countries that do not have the necessary technological advancements in order to provide internet services to all of their citizens it will be very difficult to adopt cryptocurrency into those countries and as a result if you have cryptocurrency replacing Fiat currency it will alienate a large portion of the world.

 

[AudraMiller]

You see in today's world the way things changing drastically you need to change too with it Cryptocurrencies is not compulsory but I think it's mandatory only who understands it's and to make it out of it.so I think that it's really necessary to have crypto .

There's a lot of changes that are happening in the world at the moment and if we look at cryptocurrency it is a streamline financial system that can be used in order to send money to people across the entire world and as a result of these benefits it becomes necessary to get involved with it so that you are able to reap the benefits of it later on.

 

[berberguy]

But if you look at countries that do not have the necessary technological advancements in order to provide internet services to all of their citizens it will be very difficult to adopt cryptocurrency into those countries and as a result if you have cryptocurrency replacing Fiat currency it will alienate a large portion of the world.

The first country ever to adopt Bitcoin as legal tender is the Salvador
And it's not classified as a top tier country
Integrating crypto does not require a big deal of technology that only developed countries could aquire
And this is just the beginning

 

[AudraMiller]

The first country ever to adopt Bitcoin as legal tender is the Salvador
And it's not classified as a top tier country
Integrating crypto does not require a big deal of technology that only developed countries could aquire
And this is just the beginning

That is true, and i do understand where you are coming from in this sense however there needs to be a level of technology that is available. For example it is highly unlikely that a low tier country that does not have constant access to the internet or electricity will be able to run a cryptocurrency system.

 

[AudraMiller]

I can't say it's a must to have crypto but not having it means your missing a lot. Considering how these coins grow both in popularity and in value, I would consider it necessary to acquire these crypto for long term profits,Crypto is money and we all need money to go around. Some people can invest in it and some can use it for daily use as many countries and businesses accepting crypto today. Crypto is even good for a beginner and is part of investment

It is good that you mentioned the trading and investing as well as the use of the cryptocurrency coins as well. For me personally i have been quite invested in the use of the coins that i am able to earn because it is able to sustain a side income for my student life and therefore it can help me to pay a few side things that i am interested in.

 

[dorcasy]

The best you can do for people around you is to educate them on the potentials in cryptocurrency.
Cryptocurrency is the new oil money and it offers unlimited earning opportunities from arbitrage to holding cryptocurrency and short or long term trading.
You can equally focus on researching shitcoins and earning from it.

 

[Balint098]

Too bad many people are still hating crypto and calling it a scam. The criticism about how crypto is bad for the environment no longer hold true, since many mining operations are now powered by renewable energy. Though, many of my gamer friends are against crypto because of how miners hoard the GPU they want to buy and inflate its price.

 

[Sotherefore]

It is absolutely necessary for you to have cryptocurrency because it is a potential investment which is likely to be valuable in the future, just take a look at people who invested in bitcoins earlier.. There are a lot of free pdf around on the internet that can really help you to choose potential coin to invest on.

 

[Mikesax]

Though I can not day that it is necessary but its very good if one can invest in it because it is very profitable .
Cryptocurrency is a good coin that one can invest on and get good returns instead of keeping the money some where it will not yield profit.

 

[Duduyemi]

Given that cryptocurrencies are continuing to grow and more and more businesses are thinking of adopting cryptocurrencies too , and some countries are also thinking of adopting it, do you think it is necessary to atleast have crypto now?

If you do not have one or two crypto currency in today generation, then you are living to regret later. Because what the crypto world as taught those that failed to adopt crypto quickly enough are living to regret their action although some have learn from it and are not ready to repeat the same mistake. Meanwhile its very necessary to adopt at least one of these coins for the next 5 years.