To be fair, if I was like for a short-term only, I would prefer buying DOGE, SHIBA and every INU breeds out there and I would just sell it right away whenever the pump happens. Community-wise, they're going to get more attention rather than these technical altcoin with the exception of AI since it is continuing to be a relevant topic with the fear of it shaking the job market. Even by hyping it through social media might be an overkill depending on the meme.

Meme are going to be part of the internet as a culture and people need to accept that. It's just going to change overtime and same goes to how new meme coins get created. Even if it has no utility at all, it's like sort of a "culture token" like for fun-sies.

Well it's not really "campaigning" it more like just mentioned it. Many of his followers surely wanted to be like him so they joined the train hype to the coins he held. Even if you think that meme coins aren't going to be the hot topic this year, believe me, there were hundreds or maybe thousands of memes that already originated back around 2013 and some random bored guy out there would surely start it out.

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Just a disclaimer that I am not an investor of a meme coin, this is just me putting myself into a perspective of an meme coin investor.

In Asian culture, when you're the eldest, it's quite common to be cursed with this "responsibility". I know you're speaking for the general like having a family as father/mother, but this is another reason why it is not common for people here in my country to be a rich individual. Once you hit the genetic lottery of being the eldest one in the family, depending on what type of family you grew, you might be screwed since every burdens of your family and that includes your parents debt will be passed into you.

Unless you have the balls to separate from your family at the legal age which I believe is a common culture in 1st world countries, then you're almost never going to be rich. You might not be poor, but you'll just be average and thank fucking God, I am not a spoiled one.

When you're exposed too much to the internet realm, this is going to be an issue. You still "need" to buy your "wants" sometimes. You're not going to bring your money to the grave. I am not saying that you shouldn't save. Save some, but don't forget to get yourself something nice. Don't feel too bad in treating yourself.

Let me correct ya there, OP.
It is reasonable choice to forget about BTC for now and somehow try to invest somewhere else. Don't sell just forget about Bitcoin even existed in your life so that you wouldn't think about the returns so much. I am pretty sure that others told you that in this previously.

You mentioned that you already held BTC for many years. Unless you're day trading, your management wouldn't matter so much since you're not actively looking at your investment. You got the balls to not sell at 69k and I give you that.

My question though would be, if the money you invested was not the money that you'll need within couple of years or so? Problem is people think that they can just go and risk the money they needed to BTC in hopes of "better life" and that's the least possible thing you would think of when investing even outside crypto.

I had never rode an electronic vehicle before, but are these universal to any EV manufacturers out there like it also allows Tesla users/drivers to pay using Bitcoin? Not surprised if Elon would even write something about it considering that he is CEO of Tesla.

Considering how expensive EVs are, it surely will increase adoption but I won't expect too much that it is going to be another news that will blow up. Here in my country, I barely see any EV users except for Electronic Bikes, I guess? Maybe around the metropolitan area here would be, but not so much to the point that it is common like gasoline stations.

Highly doubt that there would be hypes around this. Just like another those signs you can see that "Now accepting Mastercard payments", it's not like everyone would use credit card at that point and that's why I tend to not expect these too much adoption.

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Just being realistic not negative.

That's gotta be not the great way to introduce Bitcoin to people and I am sure that some people told their friends that Bitcoin would make them rich and that's not yet introducing this forum itself. Be prepared OP to babysit plenty of people as they would ask you many many many questions over and over on why their investment is not doing something "new".

I know you put there that it is still their decision to invest to it, but before they made that kind of decision, they already had mountains of questions to ask to you. Not sure how large your social circle is OP, but I would choose people to tell Bitcoin......at least for now.

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I had a horrible experience teaching people about bitcoin so there goes my few cents.

Quite a long article you just gathered your sources from, I am curious though OP on how specifically these apply to your "small farm" business. The real reason you're building business is purely to create money/profit unless you are a non-profit organization which rely on things like donations.

There were some of coffee shops in here that serves great, but even though they're "passionate about their business ideas", they still didn't make it. There ain't even Starbucks around here that surely will crush those small businesses. Sometimes it will kinda suck for everyone to just build business and it's not for everyone to be honest.

Network also comes into play. Someone's gotta put your business into your audiences to try it out.

I can imagine that this might be a disadvantage to some food stalls out there since they usually just sell or make a specific food with just a little variation. Some shawarma business out here just closed down due to people being sick of the same taste over and over.

This line right here,  I would already call it a possible scam. Even if it is like just looking like a cheap promotion of whatever coin they're selling, I am not going to bite the bullet just to waste my time into it. And bruh, HITCOIN? Are you being for real? Do they know how many with "S" are out there (yeah Shitcoins) and now they're just putting their coin into shame.

I wouldn't even bother discussing with this further since it is definitely just a clear scam.

It could go wrong if you would ask me. I can recall a news back then where an employer wants the paid Bitcoin back from his employee as the price increased. I believe it was around 2021 or just the year when Elon Musk was like a hot topic and hyped the market so much that Bitcoin went around 64k.

We also have government that surely will tax these and knowing that they can't just tax the whole crypto transaction directly. I expect they would impose a law to use a legalized app where they would tax the salaries there. Unless you're okay with authorities seeing how much you earn, it's not really okay.

Edit: This was the news if I can recall it correctly. Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead

Well there were news that some schools and universities are now adopting courses for blockchain as well as crypto. It's a good curriculum actually for Economics subject. Stuff like Bitcoin can be taught anyway, but it would help to still self study it since resources out there are free anyway.

It's just like learning hobbies that you aren't naturally good at. Courses out there in Youtube are free. If I would be given a choice in earning another Bachelor Degree specializing in Economics with curriculum of Bitcoin written into it or just learning Bitcoin around the internet, I would prefer just doing it via the internet.

 

It impacts different people differently. Well some people are just purely here just to earn and not to have any chill conversations at all with other people. Some are here to experience the real OG forum. Gotta admit, I was not really a fan on how the forum looked like when I first registered, but turns out there's more than what meets the eye anyway.

Now for how it impacted me? I was able to learn more about the OGs holding Bitcoin back in the days. Those things aren't what I usually see in Reddit since they're either the latest news these days, or just plainly throwback in the past.

There is no correct answer anyway. I previously mentioned around here that I would just choose to sell my property one by one to be able to pay off on the current liability I have. If it is for building business though, it would be a safer bet to just take a loan since the cash flow is going to be continuous anyway and the profit isn't just one time hit in your pocket depending on how your business is structured though.

Overspending becomes a catalyst to worsen that "bad health situation". Some people just have the savings or emergency funds to handle these possible situations. Selling properties like your whole house might be too much if you have too many small assets or property.

Make a breakdown spreadsheet first of the value of your properties then compare that to the possible value of your house. It's hard to be homeless these days.

Or just for content fillers to get their sponsorship get through . No one will tell ya how to be rich in trading, or simply put it no one will tell ya how to get rich at all.

I am one of those people that "learned their lesson the hard way and just HODL Bitcoin". It's just not worth investing my mental health in keeping up with my trades daily especially that what I was doing was merely day trading. What I earned? Lesson and experience.   I still learned quite few technical stuffs like Bollinger Band and RSI though.

It's perfectly fine if trading isn't working out for ya. Trading is not for everyone.

Hell yeah!
I just don't get it why people think that being persistent on something that you might not like might get you somewhere. It's definitely a warning for people that they might get burnt out in the whole trading shenanigans if they know that they aren't getting anywhere. It's perfectly fine to give up trading and just stick into full-time trading.

It's not really a field for anyone. Sure everyone has a learning phase and it might be a steep learning curve, but if you're not really enjoying what you had learned, then you might need to reconsider other ways to earn in crypto.

Well in my case, it could depend. Borrowing money is pain in the ass sometimes except if you're going to borrow to someone you know. Selling property especially those than you don't need it anyway are far more worth it than the other way. It's not selling your house or land anyway so what's the catch on that?

Bitcoins aside, I had sold old DVDs before to my local junk shops and somehow I was able to buy somethin from it. There is not much common uses of DVD now these days considering that everything is digital. Same goes for some antiques that could potentially be sold for some "fair amount".

I think some people here are misinterpreting what "properties" do OP meant. It's not usually always directed to house/land.

Yeah, but even though we're heading towards those trends especially Web3.0, there are still kinda "slumps" into it. We've been around ICOs back in 2017 and innovation were still coming through then we got NFTs, but the trend just died down after couple of years. Right now we're heading towards AI where it might impact a lot not just in crypto but to the whole market itself.

Good thing I am not easily brought down by trends. Trends aren't equally meaning as worth it. I've seen a lot of NFTs being mentioned to be the future, but I wonder where are they now though after they went radio silent for so long.

Yeah can relate as well. It has been like that although I never had the thought of investing to meme coins anymore after finding out the reality of the market these days. I am not hating on those people who had the legitimate reason to invest in meme coins, it's just that it's not my cup of tea at all plus I am a long-term investor and I might not catch up to these short-term gains coming from meme coins.

Not really the riskiest since they still had the potential exposure to the public. Shitcoins that are purely just new to the market yields the riskiest though.

Demo accounts or let's say virtual tradings are kinda meh for me. It's not really where you can build skills or make better decisions from your trade since it's not your money and you don't care nonetheless on the outcome of your trades and this is why I didn't use those back in the days. If it is your money, you have that psychological mindset of being careful on what you do with your trades unless those money aren't really practically going to be needed anyway.

Reliable exchanges obviously won't give your profits, but it will keep you away "somehow" from being locked out from your account. Can't judge what exchanges are reliable these days, since I had quit trading long time ago and what I am pointing out in here are just purely from experience.

Kinda depends if you're really earning something, but I gotta agree on ya at some degree especially when dealing with family members. Some toxic family would milk the shit out of your finances when they knew that you're earning a lot especially if it is a passive income. It will just keep going on and on until it becomes more of a liability now for ya rather than anything else.

This is why in social media I tend to not disclose what role am I working and where. Once they knew you're working for a tech giant company, you're more than screwed, lol.

That's what Edit post and Preview button is here for anyway. Unless you're writing a blog post, then not all might care how you write as long as you can get your points across. There are some couple of extensions or apps that people could use to correct their grammar, but I do suggest that they just learn by their own in creating a perfect grammar.

Also people could still post to their local boards first if they're struggling writing a perfect grammar and nobody has an issue for that. It's a good starting point.

It's what I use as well whenever I do Quick Replies in here. Rushing posts is indeed a not a really great way to learn.

Well for me, not sure if it is really a considered a secret, but they said that...
I believe that I had applied that quite few amount of times already when buying anything that I wanted except for buying needs of course and also paying bills. It kinda helped me in doing budgeting monthly properly especially when I allocate my funds to wants and needs.