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June 06, 2024, 01:01:43 PM *
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121  Other / Off-topic / Re: Everything you need is within you on: February 28, 2024, 05:03:14 AM
well, that might be a true statement, that what we need to develop right now is ourselves. Many people argue that they wait for something before doing something. However, if we really want to do something, we don't have to wait for it. We can try to start working, and collect money to buy the tools we need. It's better than having to wait for someone, or anything else.
Starting from what is there is very important. Many people have enthusiasm but they keep delaying, and in the end they lose that enthusiasm. So, what we need to achieve our dreams is ourselves. We can start making that happen by starting with the thing closest to our target first.
122  Alternate cryptocurrencies / Altcoin Discussion / Re: Which project/token brings you the most profit? on: February 28, 2024, 01:28:21 AM
-Snip-

Now, I want to hear from you!
  • Which project/token brought you the most significant profit?
  • How did you use profit?
  • What impact did your success have on your life?



1. Bitcoin and Ethereum

2. I am trying to increase the investments I have in crypto, and develop other investments in the real world, such as investing in real estate, raising money to buy a private house, and private vehicles. The rest I use for personal needs, and buying things I like.

3. Until now, my business is running even though I haven't built it 100%. This gives me income every month. Even though it's not much, at least it can give me additional funds to invest.
123  Economy / Trading Discussion / Re: Isn't trading almost like gambling? on: February 27, 2024, 08:34:36 AM
I think this difference of opinion has existed for a long time. Many people think that trading is the same as gambling, but most other people think that it is very different from gambling. In trading itself, we choose assets to buy and sell based on research and analysis. It is true that sometimes we do the analysis wrong, but that is a normal thing in business and investment. However, in trading itself, we do not lose the assets we own, but the value of the assets we own decreases. Meanwhile, in gambling itself, when we make a wrong prediction, all the assets we bet on are lost.

Apart from that, sometimes people who trade are quite confident in their analysis and research, so when they enter the world of trading, they can be optimistic about getting their losses back. However, it all depends on what strategy he carries out, and there is no guarantee of returning the value of the assets he owns. Yes, there are many differences between gambling and trading, but it all comes back to each person's perspective.
124  Economy / Economics / Re: Save money today so money would save you tomorrow. on: February 27, 2024, 07:13:19 AM
I agree that emergency fund is important, and everyone should aware of that, but only relying on saving is not a good thing too. Our money will be eroded by inflation, so we might have the same amount of money that we have today for tomorrow, but the value will not. So, other than saving for emergency fund, put some money in investment like crypto or stock is also a good idea. Tho we would still need to have emergency fund in case we need quick cash.
Well, that's why we need to pay more attention to what we invest than what we save. we need savings to meet the emergency needs we have. Without savings, all the investments we have could be at risk.
Even though saving is something that needs to be considered, I think it's a good idea to do that while investing. Investment is an important thing. In fact, I think that when we have 100% of our money, 70% is for investment purposes, and 30% is for savings. it's better than to focus on one of them. That way, we have reserve funds or savings, and also investments that can give us profits every month or year.
125  Alternate cryptocurrencies / Altcoin Discussion / Re: Previous ATH achieve before bull? on: February 27, 2024, 03:46:23 AM
What I understand is that a bull run is a situation where most prices of crypto or other things rise at almost the same time, and have also recovered since the bear market occurred. Many say that currently a bull run has started to occur, and the proof is that many crypto prices are rising. However, it is very difficult to describe it precisely because sometimes people assume that the bull run they are targeting is not what it is today. However, we cannot target that the bull run will start when a coin starts to reach a new ATH, because that may only happen once in a few years, or maybe even longer. However, conditions when the market has come out of the bear market, and the dominant has risen, I think at that time a bull market has occurred.
126  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO in 2017-2018 left the strongest impression on you? on: February 26, 2024, 04:29:08 PM
I participated in several ICOs at that time, but I don't remember too much, because I only thought about transactions and strategies to make a profit at the time I had coins from the project, and at that time I think I had quite a lot of coins from the ICO.
However, I once owned Centra, a coin that was initially really successful and had a very good price. I held it for quite a long time and made a big profit. Unfortunately, Centra turned out to be a scam, and the price dropped quickly, so I immediately sold the coins. Currently, it looks like the coin no longer exists.
127  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: February 26, 2024, 05:56:57 AM
If you think trading is easy and everything is about profit, you are not worthy, as for people who are successful in trading, they take great pains to gain technical knowledge and analysis, everything does not happen instantly, of course they have also suffered losses, if If you want to be like them, you also need large capital and are ready to lose
Well, it's a good idea to look for income elsewhere that is more stable, while trading. When you have gained a lot of profit from trading, you can focus on developing the business you have to create a constant income every month, so you can focus on trading. That's better than planning to dive straight into trading without having another source of income. That's because trading is a difficult thing, and it could backfire on you, you don't make a profit there, and you get a loss. If that becomes your main and only job, then it will be difficult for you to make ends meet.
Maybe many professionals focus on trading, but I am quite confident that they have sources of income elsewhere. Well, if not, then they are really taking a big risk.
128  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your doing for now? on: February 26, 2024, 03:40:14 AM
I'm waiting for my February salary to come so that I will add it to January salary to buy BNB because, that is the only altcoin I will like to buy in this period since I have invested money on BTC waiting for the real bull to occur before I can sell to make a good profit.

 I will not advise people to buy Ethereum now because the price  has increased higher for those that invested to begin to achieve some positive changes in their profits, but if you want to invest in this period, just embrace BNB and you will make some good at the end.
well, most of us are currently accumulating as many assets as possible, especially for the altcoins that have become our choice. Personally, I also want to collect ethereum and BNB at this time. Apart from bitcoin, I am very confident that these two coins will be able to have the same high prices as before.
Currently collecting little by little, using the DCA method, and other methods to increase investment are very necessary. Some people may have taken advantage of this moment, but I plan to continue collecting as many assets as possible before the halving occurs.
129  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: February 25, 2024, 06:08:33 AM

Yes, Ethereum is the best coin among other altcoins after Bitcoin. And the current price of Ethereum is approaching 3K which I think will exceed that price in the near future, and for high transaction fees and if you don't really need it, it's best not to make transactions. And another reason is because the price of Ethereum will be much higher following the movement of Bitcoin.
And I personally only own and also trust Bitcoin which is always my priority and some Ethereum and also some other altcoins in small amounts that I can't mention.
Well, I think ethereum has always been the choice after bitcoin, which means that after bitcoin, the most trusted alternative coin is ethereum. Well, the current price development is a very good response to the resistance, even though it is still quite far from ATH, but I think now many people are preparing ethereum in their wallets. Besides I believe in ethereum, I also believe that this coin has a very good future and has a high price. I have benefited from ethereum several times.
130  Economy / Economics / Re: Why we should prioritize investment over saving on: February 25, 2024, 03:04:43 AM
Easy answer, saving isn't giving you profit, it only gives you the same amount that you can pull out whenever you need it in the future and saving is vulnerable to inflation especially if it's the piggybank kind of savings meanwhile with investing although you're risking the money because it grows or regress depending on the value of the investment but the point of investment is that the savings is growing and giving you a profit so totally agree with prioritizing investment over saving but the only advantage of saving in this comparison is that, you can pull out savings anytime as for investment, either you pull it out prematurely resulting in small profit or loss because you happen to pull out the investment at the time when the value of the investment was tanking or lower than your initial entry to that investment.
Apart from that, saving always has problems with inflation. So, the value of your savings could decrease without reducing the amount. However, with investment, we can generate additional income at any time.
However, I also think that it would be better to prioritize investments because they can be a very good thing when we have entered old age, or perhaps retired. The investments we make today can be a new source of income, and in fact, in many cases, people who focus on investments have much more income from investments than from their main job. However, investing is a very good thing, but we also need to save because we don't want to sell the investments we have when we need money in an emergency. at that time, savings are very necessary.
131  Alternate cryptocurrencies / Altcoin Discussion / Re: Quick profit is the only reason why we invest in Altcoins on: February 25, 2024, 01:35:21 AM
Yes, most investors who save their money in the form of altcoins are definitely looking for profits. I think this is an aspect of all investments. After all, the goal of investing is to make a profit, whether fast or slow. In fact, when we buy gold, or anything with investment purposes, the goal is profit. hold it in the short or long term or the person's choice. So, I would also say that chances are, most of the people holding altcoins right now are expecting quick and big profits.
132  Economy / Economics / Re: How can it be possible coping with one source of income on: February 24, 2024, 10:45:56 AM
well, I'm pretty sure that they are really diligent in learning how they can earn money from one source of income. People may show off their accomplishments and accomplishments, but they rarely show off their failures.
I also have the same story as you. I see people making quite a lot of money from just one source of income. However, when I tried it, I got something very different from what they got. With this, I came to understand that they did not achieve this in a short time.
If you want to imitate them, or want to develop a business to get big profits, then you need to persevere and keep learning.
133  Economy / Trading Discussion / Re: Similar but not same 🤔 on: February 24, 2024, 08:38:13 AM
Am new here,but all have seen is about crypto and recently I got interest in it but am a bit confuse wether one can use same strategy,and approach used in trading forex
Strategies might slightly differ, but the principle is the same.

Crypto market movements are highly volatile, so you will need to adjust a lot of things such as risk management strategies and take profits

Quote
And how can one become an affiliate in altcoins for exchanges,and also hold some Bitcoin for long runs maybe 2 yrs
Affiliate or referral links are available in your account once you sign up on a crypto exchange,

Quote
What really differentiate forex and crypto in terms of it approach,is the volatility same.
Crypto markets are highly volatile. Please start with little money you can afford to lose as you get to learn about crypto markets.


Starting with small capital will be better to know the difference between forex and crypto. This is the quickest way to see the difference. Apart from that, in crypto, there are many choices of coins, I recommend choosing Bitcoin or popular altcoins because quite a lot of altcoins require in-depth research and analysis before buying them. Even though they look the same, you will see the differences when you start to enter the crypto market.
134  Economy / Trading Discussion / Re: What can I do to be successful in trading with my small capital on: February 24, 2024, 02:40:57 AM
do i need to an expert in trading before someone will be successful.
basically yes, you need it. without it, you will not be able to analyze accurately and in depth how to trade well. There are so many ways you can learn on the internet. The tips that people give will be good enough to deepen. Besides, becoming an expert in trading requires experience, so after learning these tips, you need to do it straight away. However, I recommend using as little capital as possible, so that if you make a mistake, you don't suffer a big loss. That way, sooner or later, you will probably have your own trading strategy.
135  Economy / Economics / Re: Business/Entrepreneurship. on: February 22, 2024, 05:42:33 AM
-snip-

So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?

 
Actually, I prefer to choose a small risk, and choose to start a small business while trying to expand the business. However, I will take the risk if I see that the opportunity is big enough to generate additional profits, that's why I still make cryptocurrency one of my focuses to date. Apart from that, I still try to run a business and develop it. However, the risks I take from other opportunities I see, I will make sure that they will not have an effect on my life or the business I run.
136  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum price approaches $3k on: February 22, 2024, 03:20:44 AM
$3k has already been briefly exceeded. However, we are still more than 30% away from the ATH (around $4,700 depending on the exchange). Bitcoin is closer to its ATH in percentage terms, which means either Bitcoin is overbought or Ethereum still has some catch-up potential. I also think that speculation about a spot ETF in the near future could push ETH up quite a bit.
Well, if you look at the ATH, ethereum is still not far enough from its current price, but little by little, I think ethereum can reach that price, just like bitcoin.
Additionally, I think that this is the beginning of a price increase that could become very high. We know that the Halving hasn't started yet, but the price of ethereum has started to recover and is almost reaching its ATH. It is possible that, after the halving, ethereum will be positively impacted by the market, and the price could be much higher beyond its ATH. However, I feel that currently ethereum's movement is still quite good.
137  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 21, 2024, 10:05:49 AM
Bitcoin's potential is still huge today, and it's never too late to own it. I agree with those who see that opportunity still exists. When the price of bitcoin rises like it is now, people will feel that it is too late to own it, but when the price of bitcoin falls, that feeling will remain the same, and see the risk because the price of bitcoin continues to fall.
However, in every situation, there will always be doubts about buying bitcoin. Personally, I see this as still an opportunity before the halving occurs. I'm pretty sure a high price will really be achieved after that.
138  Economy / Speculation / Re: Who buys Bitcoin at $500k on: February 21, 2024, 03:44:51 AM
at that time there will always be people buying bitcoin. We can take this question back to the past when the price of bitcoin was still in the range below $1000. at that time, who will buy bitcoin at $50k? At that time the value of $50k was still very high, but now the potential price of Bitcoin could even reach $100k. At that time, I feel that there will be people who will buy bitcoin for $500k. If the price is stable, then many holders at that time believe the price of bitcoin can reach an even higher price.
139  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins profits or bank profits, which best? on: February 21, 2024, 02:24:37 AM
here's my answer to your title: Altcoins rofit or bank profit, which best?

It ultimately depends on individual investment goals, risk tolerance, and market conditions. Altcoins can offer higher potential returns but come with increased volatility and risk. Bank profits, on the other hand, may provide stability and security but typically offer lower returns. Diversification across both may be a prudent approach for balancing risk and potential reward in an investment portfolio.
Well, basically it's just investment selection. Most people who want to make a profit with little risk will choose bank profits. I find this a lot in people who are almost retired. Their goal is to earn income as a percentage of their savings. I also get this a lot from people who recommend investments.
However, profits on altcoins are greater than banks, but they have big risks, and can even result in losses. However, it is very effective for people who have not too large capital.
140  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin, for long time Holding on: February 20, 2024, 10:35:48 PM
well, it is true that people who hold bitcoin in the short term, will not make huge profits. that's because the price of bitcoin is currently very large, and even an increase of under 10% is still quite small. If you want to wait for profits above 10%, it might take quite a long time.
However, I have also tried this, but because the profits I got were small, I switched to using altcoins for the short term, especially altcoins that have low prices. it would be great if we utilize altcoins while collecting bitcoins. it can be a good investment over a long period of time.
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