Need crypto help please!! I want my freedom

I will cut to the chase. I’ve been on the sidelines for so long now I feel is my chance to take advantage. Please tell me what coins besides ETH/BTC are good for the long term. I am also preferably looking for something that I can stake for passive “income” too and hasn’t blown up too big.

Please I know nothing about the space, but it seems ADA or ALGO might be what I’m looking for?? I want to be a free man already help please.

29 Comments
 

As opposed to what else exactly?  It isn't like the USD is backed by anything intrinsic really.  This idea that people who don't like blockchain technology just assume it is a scam simply because they don't like it is an amazing thing to see.   

 
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I mean it's back by several things:

  • The taxing power of the state
  • The strength of the US military (see Iraq for example of when a country decides they don't like our currency)
  • The fact that the USD is entrenched and webbed into pretty much every financial system on earth and removing it would be incredibly difficult
  • The already existing confidence world wide.  I think global confidence has some intrinsic value

Comparing bitcoin to the USD is silly as it stands, not saying it (or some other crypto) can't take over at some point in the future, I just don't see it anytime soon.  

 

Sit patiently for a while longer. Wouldn't make a move this week considering the Evergrande situation & Gensler speech that's set to take place today

 

Just coming back to say it's literally over. Gensler has spoken and regulation is definitely coming. Sounds like defi & anything surrounding stablecoins will be btfo 

 

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