Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.
Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
With enough knowledge, patience and strategy, it's not impossible to turn your small investment to a big one. I actually start my trading with just $10 to $20 and as the day goes by, it grows. No matter how small your starting investing as long as you can handle it wisely and correctly, it will give you a better future.
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I just gave an introduction about what bitcoin is and how the future of bitcoin and its opportunities is slowly because I know when they are looking for knowledge, not looking for money while for games every child likes but also not the time to lead to games that produce even though it's based on NFT, because I'm sure there's time for everything
That's right and it is very easy to introduce bitcoin to them nowadays because they are already aware about it when they saw some online games paying small amount of satoshi. Kids are game lovers and they quickly learn new games especially this generation on which everything is online and connected to the internet.
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Bitcoin is decentralized digital currency that no single authority can control it neither in the past or in the future. Only Centralized crypto exchange will be under the regulations imposed by the government for the purpose of taxation but the bitcoin directly.
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Based on the current market situation, we should hold our bitcoins and other crypto assets while market is down and wait until it recovers again. If the market is good, selling of bitcoin is depends on you who buy and invested because you are the only one who knows if you already gain profit or not yet. If you are a long term holder, I think you have a very high target value before selling your bitcoin but as a trader you will always ride on the market movement which is sell at high and buy at lower price in order to accumulate earnings.
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Dogecoin exist in crypto space more than years but still have value until now. So, I thinks it's not a joke. It just so happens that the supply of dogecoin is too large and the value increase depends on whales and news like what Elon Musk did. But it has huge marketcap and I believe that it will stay and useful in crypto space as long as there is demand.
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The rising inflation has hit everything hard and the petrol price crisis is the main concern of every citizen across the globe and we could see some insane rise in petrol prices or say it has busted to the record high in most countries due to increase in crude oil barrels.
As long as governments keep on printing more and more money, prices will keep on going up as well. This is not just for fuel, but for everything else. Sure there is a big competition in some prices and that is why prices do not spike too much in small stuff, you may buy milk or bread or egg for similar prices but other stuff, big price stuff keep on going up way too much. Look at house prices, look at car prices, look at education prices, look at healthcare prices. These are all expensive stuff that got even worse. This is why I believe that we should not be focusing on just small items to determine inflation, it doesn't give the full picture. Yeah even in our country fuel prices keep on increasing together with other goods in the market. Maybe this is still a caused of pandemic because it was a long time before the economy recovered. Sadly only fuel and other goods keep on increasing but the salary of employee still the same. Rising commodity prices make it even more difficult for people.
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I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.
What do you think about this issue? Do you invest in young and just starting projects?
Developing project is very risky to invest. Many new launch project nowadays are scams or fraud, so it necessary to do deep research about a certain project before investing to avoid losing your money. Sometimes, project has only good and attractive whitepaper and roadmap but no real use case. It's really difficult to find a genuine project to invest that's why always invest at your own risk and just invest the amount that you can afford to lose.
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Cryptocurrency is The best way to invest money. Invest in bitcoin and other promising coins to earn money to have a better living and to have a freedom financially. Every people investing has only one purpose in "to earn money". But for specific goal, it depends on a every person because there are people who want to be rich through investing and other are just making money to survive for a daily living.
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It depends on your financial capability. For me, I prefer crypto trading because I don't have huge capital to buy bitcoin and hold for long term. I need to earn money in daily trading to sustain my family needs. Everything is depends on financial capability and your patience because holding long term is good for people with a lot of patience.
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Banks will stay an never die. But in the future, bank will look very different from today. Because they need to do something to gain more trust from their consumers. It's good if banks will accept crypto currency because we all know that not all 100% population all over the world are already in crypto and mostly they are still using banks. We can't deny he fact that we still need banks even we prefer crypto over it. As long as government is there, bank will never die.
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Hi. Best Crypto Friends. I Made a plan for buy 100 low prices alt coins. I will buy each coin amount of $10 @ $0.000000001 So I Will 10x To 100x Next Few Months. Please Share You Best Low Cost Alt Coins. I will share Own List After Next 2 Days.
Small capital =small profit for a short period of time. If you are lucky with meme coin then that capital will turn into big although it's too risky. Investing in shitcoins is just base on timing and luck. If you're risky then try some meme coins but be sure to exit if you get profit and invest on coins with real use case/utility. Shiba inu is trending now, I think you can still invest and wait what will happen in the next coming months!
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This is probably what many don't want to hear right now but I'm just trying to share what I've achieved so far since the last three months, I'm made more money from meme coins than every other bigger coins I have in my portfolio, not even BTC and ETH where able to give me that much insane profits in a short term, since I've been here on this forum I've never seen my portfolio surging high like this, meme coins are dangerous but their rewards are insane
Not a financial advice, what have your own experience been like with meme coins?
You're just lucky to that meme coin but did you take out already your profit from that meme coin or you still playing on that coin? Remember that hypecoin is just for short term and we need to be careful and we should also know when to exit because sometimes when you earn huge profit you also enjoying to continue buy and sell and never know when to exit until it's to late.
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Bitcoin has a strong foundation despite of FUD, SEC rules and regulations, against in bitcoin like the government,despite all of that,bitcoin still live and kicking. Now bitcoins value is $62k and I believe that it will continue to surge before end of this year. We will see new ATH but we don't know exactly when it will happen. Investors are continuously increasing and the demand for bitcoin also increasing. It's difficult to predict the market but we can feel another huge wave coming.
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Elon Musk is very popular in crypto industry and if he will make his own coin, people will surely patronize such coin. Also I think he will not create coin without any use case like doge coin or any hype coin. Coins with real purpose will stray in crypto space for so long like bitcoin but meme coins will not. So, I believe Elon Musk will think about it very well before producing his own coins in crypto if ever he wants.
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BNB maybe is the best altcoin now because that was created by Binance and can be use to trade and pay fees on Binance platform. But it will not replace the king of all coins. Only bitcoin is the king of all crypto and altcoins will always just follow.
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There's a lot of online opportunities in different fields because even those normal work before the pandemic are now available online and you are free to apply if your qualifications are fit to those kinds of job. Mostly teachers online job, call center agents, web designer, those with skills in blockchain and programming and many more including cryptocurrency which everyone is free to join as long as willing to learn and earn.
Nowadays that people are already aware on how to use modern technology, it's not difficult for them to find a job online. Adoption of advance technology is also significant.
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Money is significance in peoples lives because we need money everyday to buy our needs and to use in other things. That's normal but making it as your religions or gods then that's not good. There are other things more important than money and wealth like your family and friends and true happiness that money can't give.
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As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?
Success in trading is depends on your strategy on how you trade and not on the length of your stay in from of your computer. But for me I preferred full time because this is only my job so far. Profits in trading depends on your capital and if you are a day trader need to monitor the price movement from time to time.
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Banks already exist from the very beginning without crypto. I don't think if one day banks will adopt and accept cryptocurrency on their platform because banks is centralized while crypto is decentralized. Crypto is more secured than a banks and in crypto, you have full control with your assets unlike in banks that there is a third party.
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Wow! Very inspiring post OP. It's difficult to hold bitcoins for a long term and also difficult to change your daily habits but you did it. This will help people here to follow your habit instead of wasting money in not necessary things or foods that can harm your health. It's really a good example for everyone and at this moment you already gain a lot of profit from your bitcoin holdings at the value of $60K above. Your example is a good motivation and I want to try it also.
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