It's good when people are selling coins to cash out... But when people are buying, they need to wait until wallets are re-enabled... I did nice profits during wallet maintenance about 2 years ago in stocks.exchange. I started with less than 1 USD and got 60 USD when wallets were re-enabled...
or you can keep your assets in your own wallet that never gets disabled and you have full control, the whole point of digital assets was to get away from cash markets and the plunging dollar, decentralization is the only way, markets are important but to trade your assets not to hold them
I've said many times that no asset has any value if people just keep the balance in their own wallets...
Even when they are HODLing, then usually buy more and more and that is when the asset moves...
It's good when people are selling coins to cash out... But when people are buying, they need to wait until wallets are re-enabled... I did nice profits during wallet maintenance about 2 years ago in stocks.exchange. I started with less than 1 USD and got 60 USD when wallets were re-enabled...
or you can keep your assets in your own wallet that never gets disabled and you have full control, the whole point of digital assets was to get away from cash markets and the plunging dollar, decentralization is the only way, markets are important but to trade your assets not to hold them
I've said many times that no asset has any value if people just keep the balance in their own wallets...
Even when they are HODLing, then usually buy more and more and that is when the asset moves...
that is true with any asset besides cryptocurrency
I'm pretty confident it applies to cryptocurrencies more than to government or central bank issued currencies...
yes but cryptos are mined they dont have to be bought
Mining or staking push value down, buying push it up....
Have to buy more than people are selling...