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121  Economy / Economics / Re: Saving don't make wealth on: March 05, 2024, 01:37:24 AM
It makes sense. Saving money is cool but is where the magic happens. You can have both. Putting your cash in things like stocks, real estate or even Bitcoin can make your money grow way better than it would in a regular savings account. Sure Bitcoin can be a bit wild but it's part of the game. Diversifying your investments around is like playing it smart. It helps you ride out the ups and downs
well, doing both is the best thing. This can help us to gain additional income, even greater income than we thought. Apart from that, investing also has the potential to give us profits that can make us achieve financial freedom. Saving and investing are necessary. Saving makes us avoid sudden needs, while investing makes our income or assets increase every month or year.
122  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think are the best crypto to invest in today before the halving? on: March 04, 2024, 05:53:25 AM
Hello guys, I'm new in the world of cryptocoins, I have the theory, but I lack the practice, I've been analyzing some cryptos, many of which I've read here on the forum. Which do you think are the best before the halving? Im a little lost with all coins there are....Thanks

I suggest to focus on bitcoin. Bitcoin is the best coin in the crypto world, and the price will most likely be higher after the halving occurs. If you want to focus on altcoins, then Ethereum is the choice. However, I'm sure there will be many people who suggest choosing bitcoin over other altcoins.
123  Economy / Economics / Re: Keeping money and keeping bitcoins? are they similar? on: March 04, 2024, 03:26:31 AM
When these people are very good at saving money, it can be said that the person has good management of their finances. that's because he managed to meet all his needs while saving the money he had.

When they enter the crypto world, I am very confident that they can do the same management. Moreover, if they see this as an investment, they may do well. Apart from that, the people who have survived so far hold the bitcoins they have had for years, I am sure that they are very good at financial management. That's because they keep the bitcoins they have for years or even more, while meeting their needs during this time.
124  Alternate cryptocurrencies / Altcoin Discussion / Re: People are selling now, what are you keeping for later and which are you selling on: March 04, 2024, 02:16:32 AM
Selling or not, actually depends on what strategy you have. Personally, I haven't sold it yet, but maybe some people have taken advantage of the price increase, and are waiting for cheaper prices to increase their assets.
I think right now so many people are waiting for a rise after the halving. I had a bad experience regarding this. A few years ago, I owned ethereum, and sold before the halving happened. At that time, the price of ethereum was indeed rising, but after the halving, the price rose even higher, and I was quite sorry. So, I think there's no harm in holding back until after the halving happens.
125  Economy / Trading Discussion / Re: Should trading be for the rich? on: March 03, 2024, 12:13:53 PM
I don't believe that trading should be limited to the wealthy because everyone, rich or poor, requires money. What matters is the capital to begin with and the willingness to take risks and maintain self-control, but the reality is that anyone can learn how to trade and be successful; all it takes is the willingness to take risks, patience, and research to become a trader.
Well, as long as he has capital and is able to accept the risks of trading, then anyone can try it. However, after that, he can think about whether trading suits him or not. because it is suitable or not, it all depends after he makes the trade. Many people think that trading is suitable for everyone and is easy, but when they trade, they see that it is difficult.
126  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to keep your money in bank? on: March 03, 2024, 09:41:24 AM
Keeping money in the bank might be safe but it is not a good idea because leaving money in the bank for a longtime will definitely lose value. If you want money to be value I think just storing it in the bank is never a good idea. Instead of Me to keep my money in the bank and not knowing what to do with it, i will prefer to invest it in bitcoin that is reliable, this investment will be a long-term investment that will bring profit for me than keeping it in the bank.
Well, inflation is always a problem when saving large amounts of money in the bank. That's why banks always offer a percentage that can be obtained for people who save their money there. However, in terms of security, all along, I thought keeping money in the bank was a safe thing. Because of their centralized nature, and supported by the state, banks are sometimes responsible for returning customers' lost money. This has happened several times in my country. Cases of money theft often occur in bank accounts, but when these people complain about this to the bank, the bank takes responsibility and improves its security system. Personally, I have had no problem-saving money in the bank until now.
127  Economy / Economics / Re: Saving don't make wealth on: March 03, 2024, 01:28:19 AM
That's why it's very important to have good management of our finances. Saving will not make us rich, but it is important. Investing without saving will make us difficult when we have sudden needs. Many people underestimate saving, but they have to sell their investment assets reluctantly, and sometimes at low prices to meet the sudden needs they face.

For this reason, many people have suggestions for putting some of your income into savings. Even though it's only around 20% to 30% of your income, it can be useful for you in the future. maybe you can use 40% to 50% of your income to invest, and the rest to meet your living needs.
128  Economy / Speculation / Re: Bitcoin price is rising faster and faster, It is time to Buy Bitcoin ! on: March 01, 2024, 03:25:24 AM
after the halving, the price of bitcoin will probably be a higher price and may reach a new, much higher ATH. Buying it at this time will probably provide big profits but note that it is also risky.
However, people who held bitcoin for a long time are now making profits again. Many people recommend buying bitcoin over other investments, and it has been proven. However, it's not too late to have some of it now. The potential for Bitcoin prices to reach prices above $70k this year is very large.
129  Economy / Economics / Re: How can it be possible coping with one source of income on: February 29, 2024, 08:38:20 AM
We live in a crazy world, because it turns that having one source of income is not enough. OP, either your salary is low and good in your country are expensive. Or you should decrease your requests and appetites. I think I am going to open your eyes wide now by saying that many people live on one source of income (salary) only. And somehow they manage to sort things out.

It is hard to suggest or comment on your post, as you have given us little information. We do not know where you live, how much you earn, what are your expenses, what is the financial situation in your country and etc.
Yes, it's actually very difficult to only depend on one source of income. I once read a quote that if we only have one source of income, then we can fall if we lose that one source of income.
Perhaps, quite a lot of people still have one source of income, but I think they are also planning to build a business or investment so that they have a source of income elsewhere. In fact, if we only have one source of income, then we need to really study it, it's just that the risks are greater. I also suggest trying to have more than one source of income.
130  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: February 29, 2024, 02:23:07 AM
Bitcoin is a long term investment. If OP bought bitcoin at that time, he would have made a pretty good profit. However, I feel that the price of bitcoin will soon have an effect on altcoins in the near future, and as long as we have popular altcoins, it is likely that we will also benefit.
After all, the price of altcoins is highly dependent on the price of bitcoin. From previous experience, the price of altcoins will rise after the price of bitcoin rises, but the price of altcoins will fall if the price of bitcoin falls. If something has an effect on bitcoin, then it will likely have the same effect on altcoins. If you want to take less risk with the potential for big profits, then bitcoin is the right place, but it may take time. while for altcoins, the risk is greater, but people prefer altcoins to gain profits in the short term.
131  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: February 29, 2024, 01:13:56 AM
That's why trading is difficult, and not everyone can do it. Maybe there are many factors that make them fail, such as rushing, choosing the wrong investment, being impatient, and many other factors. Even though they have taken courses and so on, it does not guarantee that they will be successful in the world of trading. In fact, many people are impatient with trading, for example, there are many people who experience profits after holding for months or even years, or they analyze signals incorrectly. Therefore, people are always stressed to use money that they can lose because the risk of trading is very large, but the potential for making multiple profits is also very large. So, before entering trading, we need to have the right strategy and preparation.
132  Alternate cryptocurrencies / Altcoin Discussion / Re: Why we need to buy meme coin? on: February 28, 2024, 06:31:53 AM
There are reasons for everything. Sometime we just can't find potentials out of things but yet there could be potentials.
Meme Coins could be one of the funny Coins that may not be value at a point but potentialed to evaluate profits at any time. Could be be sadden and also exciting. This I just amount mimicking from the other cryptocurrencies with the obvious potentials
I think the main reason people still buy meme coins is because meme coins still provide big profits. The price is cheap, and the potential increase can double in a short time, this makes many people buy meme coins, even when the meme coins do not offer significant benefits. However, meme coins are the riskiest coins, but the higher the risk, the greater the potential for profit. Many people use money they could lose in meme coins. So, when they get a loss, they won't think too much about it.
133  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.
134  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.
135  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.
136  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.
137  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.
138  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.
139  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.
140  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.
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