CRYPTO Q&A

There’s nothing like the wisdom of the crowd!
At Bottom Line Crypto, we get asked a ton of crypto questions. We believe that the answers to these questions are super valuable for learning the weird and wonderful cryptoverse, so we’ve gathered them onto this Q&A Board. If you have a question that hasn’t been answered here, feel free to email us at hello@bottomlinecrypto.com and we’ll gladly add your question!

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• Are there any cryptocurrencies that failed? Why?

  TL;DR: Actually, quite a lot of them failed miserably. Read More
• Can Bitcoin be hacked?

  TL;DR: Yes, yes it can. But difficult without a quantum(...) Read More
• Does Apple accept crypto?

  TL;DR: Not yet, but they will come around soon, we think. Tim(...) Read More
• Has cryptocurrency peaked in 2021?

  TL;DR: Maybe, maybe not. See what Uptober and Moonvember have to(...) Read More
• How can you mint your own NFT?

  TL;DR: Choose the network and follow the instructions (watch a(...) Read More
• How can you pay with crypto via Visa?

  TL;DR: The same way you pay with fiat. If your crypto wallet(...) Read More
• How is the EU planning to crack down on crypto?

  TL;DR: The EU wants to stop money laundering, so they are trying(...) Read More
• How many Americans are set to buy crypto in 2022?

  TL;DR: More than 2021 for sure! Recent surveys highlight that(...) Read More
• How many Americans own crypto?

  TL;DR: Not too many just yet, but this number is certainly due(...) Read More
• How many times has China banned Bitcoin?

  TL;DR: Too many times. What's with China and its crypto(...) Read More
• How much e-waste does mining create?

  TL;DR: Tons. Literally thousands of tons wasted annually. Read More
• Is a crypto account like a bank account?

  TL;DR: Yes, to an extent, but with much better returns. A(...) Read More
• Is Bitcoin in "bubble territory?"

  TL;DR: We are positive that BTC has left the "bubble territory"(...) Read More
• Is the SEC a threat to crypto?

  TL;DR: The SEC is the natural enemy of any innovation. SEC is(...) Read More
• Is there a correlation between DAX and BTC?

  TL;DR: A questionable relationship at best, but really not worth(...) Read More
• Reddit's most popular crypto exchanges

  TL;DR: Too many opinions there, but Kraken seems to be the pick(...) Read More
• Should I borrow money to buy crypto?

  TL;DR: Ummm, really? Do you want a hole in the head too? Read More
• Should I buy crypto with PayPal?

  Buying from a crypto exchange is a much better (and profitable) idea. Read More
• Should I use a cold wallet for crypto?

  TL;DR: Yes, if you are holding a lot of crypto or if you just(...) Read More
• Should you use the same brokers for stocks and crypto?

  TL;DR: Most definitely not. Use one for crypto and one for(...) Read More
• What are Crypto Credit Card Rewards?

  TL;DR: Just like cashbacks and discount coupons that you get for(...) Read More
• What are some eco-friendly cryptocurrencies?

  TL;DR: Cardano, Nano, Ripple, Tezos, Ardor, and many more. Read More
• What are the most promising altcoins and why?

  TL;DR: Mind-numbingly awesome third generation blockchains and(...) Read More
• What are the top 5 crypto tools?

  TL;DR: Just five? Maybe like, five dozen. There is no(...) Read More
• What crypto does Elon Musk own?

  TL;DR: Bitcoin: definitely. Ethereum: yes. Dogecoin: yes. Shiba(...) Read More
• What does Twitter CEO say about crypto?

  TL;DR: HODL for world peace. Per "Bitcoin Maximalist" Jack(...) Read More
• What is a dark pool?

  TL;DR: A quiet place to hide your whale trades. Think of a(...) Read More
• What is a golden pocket?

  TL;DR: A great place to trade price reversals. The "golden(...) Read More
• What is a psychological support and why does it matter so much in crypto?

  TL;DR: Round numbers that are easy for our small brains. Read More
• What is an NFT?

  TL;DR: Unique tokens that represent unique digital assets Read More
• What is MiamiCoin?

  TL;DR: A pointless coin designed by Miami to bait crypto(...) Read More
• What is The Digital Asset Market Structure and Investor Protection Act of 2021?

  TL;DR: Proposed crypto clarity disguising the trojan horse of(...) Read More
• What is the Fear & Greed Index (F&G)?

  TL;DR: An illustration of how excited or scared the cryptoverse(...) Read More
• What is yield farming?

  TL;DR: Lending & staking your assets for additional rewards Read More
• What mining software is available for beginners?

  TL;DR: Lots and lots. No experience needed! While there are(...) Read More
• What's riskier - stocks or crypto?

  TL;DR: Depends which roulette wheel you like to spin. The(...) Read More
• What's special about Cardano?

  TL;DR: It's a third-gen blockchain that is touted to be the(...) Read More
• What's the biggest mistake after buying crypto?

  TL;DR: Losing patience, starting to give into FUD, and making(...) Read More
• What's the Digital Dollar?

  TL;DR: The digital version of the USD - a new competitor for(...) Read More
• Which companies accept crypto?

  TL;DR: The cool ones. But seriously. Really. A legion of(...) Read More

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