Guys stay away from Crypto

[SRH]

Bhayya layman terms lo chepu 

Asal pegged ante enti?

[FLraja]

4 hours ago, SRH said:

Bhayya layman terms lo chepu 

Asal pegged ante enti?

adi cheppadam kastam but

coin A - is = $1 on day 1 ani cheppi , ni daggara usd $100 teeskoni 100Acoins neeku istaru

next day ni friend daggara $200 teeskoni 200Acoins istaru

…..ala oka $3bil vochinayi, owner bought btc with it also he bought some other coins

after few days coinA ni nuvu amesinav also andaru amesaru due to fear , now since no buyers are interested in A, you offered to sell at half rate …ala ala it became 0 value. Now to lift it the owner sold 3bil btc at half rate and bought back counA but there are plenty more A available which nobody is buying 

[Pandubabu]

8 hours ago, TrishaManiac said:

malli market legusthadi...don't worry

Leguthadhi . It takes years/decades  for pton, tdoc and other stuff to go  back to their all time high.some of them can even go bankrupt if recession comes. And these coins,  most of them are bunch of dog penta 

[AndhraneedSCS]

Stock is like buying equity in a company (you own a part of it). Theory is that the company makes money and they will return the profits to you at some point.

 

Crypto doesn't have any equity. It's all about marketing and your ability to find a buyer who will pay you more than what you paid.

[hyperbole]

7 hours ago, SRH said:

Bhayya layman terms lo chepu 

Asal pegged ante enti?

Pegged ante stablecoins are backed by assets

To understand the crypto catastrophe, you first need to know what a stablecoin is. In essence, it's a cryptocurrency that's pegged to a more stable currency. The biggest such coins are tether and USDC, which like most stablecoins are both tied to the US dollar. So if you have 1,000 USDC tokens, for instance, they can at any time be exchanged for $1,000. 

Stablecoins are integral parts of "DeFi," or decentralized finance, designed to be ways for investors to hedge against the volatility of the cryptocurrency market. Say ether's price is $2,000 -- a trader could exchange one ether for 2,000 USDC tokens. If tomorrow ether drops 50% to $1,000, those 2,000 USDC tokens would still be worth $2,000 and could be traded for two ether tokens. When investors smell a downswing coming, they put their money on stablecoins like tether, USDC and, until this week, UST.

Stablecoins also provide the means for cryptocurrency loaning and borrowing, making them a foundational technology of DeFi. 

The terra/UST coin is different from tether and USDC in a key way -- it's not backed by actual US dollars, but rather is what's known as an algorithmic or decentralized stablecoin. (Tether's US reserves have come under scrutiny in the past, with there being some conjecture over how many dollars it actually holds -- but it's US dollar backed in principal.) The idea is that, through a few clever mechanisms, plus billions in bitcoin reserves, the UST's dollar peg can be maintained without it having to be backed by the dollar. 

Algorithmic stablecoins are supposed to be automatically pegged to the price of another currency. These are unlike centralized alternatives like tether (USDT) or USD coin (USDC), which are backed by actual dollars or equivalent assets stored in a bank.

[Tomb__ayya]

3 hours ago, AndhraneedSCS said:

Stock is like buying equity in a company (you own a part of it). Theory is that the company makes money and they will return the profits to you at some point.

 

Crypto doesn't have any equity. It's all about marketing and your ability to find a buyer who will pay you more than what you paid.

nuvvu entha gatti ga sankam oodhinaa vine vaadu evvadu ledu bayya, chevullo airpods tight ga pettukuni, evadi cryto investments vaadu chesukuntu dreams lo unnaru.

Crypto has no intrinsic value and equal to dry tulip/foliage ani cheppinia evvad dekadu better than lottery ani false dreams build cheskuntaru, india lo masth mandi suicide cheskunnaru pichi pichi coins lo invest chesi.

Back in the days matka, judam tho cheating, ippudu antha virtual lo cheating, e-cheating i-cheating    bakaras are always there, crypto tharuvatha ingo scam/scheme  osthadhi, ekkadaaa pedataru, pettinchukuntaru

[SRH]

Anduke Bitcoin Ethereum tappa vere vati meda invest cheya nen. Best option is to invest small amounts in regular intervals 

[janerampl]

Your experience with TerraLuna and your thoughts on crypto are precious. It definitely sounds like a cautionary tale and a reminder of the inherent risks associated with crypto. Personally, I've also found crypto to be very volatile and unpredictable, which is why I decided to dump all of my Bitcoin and look for other investment opportunities. Right now, I'm actually taking an online forex trading course to learn more about trading and hopefully find some more stable investment options. It's always important to do your research and be aware of the risks before diving into any kind of investment, and that goes for crypto as well.