BTC's risks

 BTC's risks

Summary: BTC is a buble! So, invest in technology like LINK, ADA, MINA, not BTC. To minimize the risk of stable coin, use Cardano to store your cryptocurrency!

1. Can BTC against the inflation? No!  This argument is not true since the price of BTC is incredibly volatile, it is thus more risky than inflation!
2. The whales of BTC will not dump BTC since that is their assets! Not true! FED can print money and dump BTC easily! 
3. Can companies like MicroStrategy keep the price of BTC? No! "Back in March, the company funded its latest purchase of Bitcoin by using the cryptocurrency it already holds in reserve as collateral for a $205 million loan from Silvergate Bank." - source link. So, when the price of BTC goes down, they will be in debt!
4. Stable coin is a big risk!
• The first risk, for example, In Binance, you can buy their USDT by your real money, but Binance do not give your money back. The only way you can do it is to trade with some other people! 😫
• The second risk is that there are no USD backed for USDT! "The idea behind the stablecoin was to be 100% backed by USD. But the attestation revealed that just 3.9% of Tether is backed by cash. 65.4% is backed in commercial papers. Commercial papers represent a type of short-time loan made to corporations. Tether doesn’t share any information about the type of the loan nor about the borrowers. It is also unknown whether it is easy for Tether to access that money." source link.
• Is UST of Terra a solution? It may not a good option, as soon as, price of LUNA down, and price os UST<1$! We recommend to read the excellent post of coin 68.
5. When many banks join the crypto-market, it can be the time for the Bubble! Be careful!
6. The risk of Exchange like Binance!
7. The risk of Defi, NFT
8. Types of Attacks: English - Vietnamese
9. The current BTC chart looks like a "distribution period of 10 year" 
10. Miner may stop working due to big loss