you are right inflation is a creeping beast.
I kills without making people realize that they are being destroyed
There is something happening everywhere and people are fighting to survive the inflation and then there is another problem - the couples are fighting like crazy and the divorce rate has increased to 100%
They will realize it because there are signs or effects of the inflation and one of it would be the price of the goods are rising or the purchasing power of the money is getting lesser. It can slowly kill people if they will allow this kind of system ruled out or if they will agree to be charged high. In some countries, people are protesting to bring back the old rates or to increase the pay rate of the service that they do so that they can keep up with the inflations. It's only sad that it could lead to fights and people can get injured and worst killed. Those who got divorced, I think they have another problem and they only use inflation as an excuse. People are even blaming the government for the continuous rise in the prices of primary goods. The unemployment rate is also increasing because huge businesses are decreasing the number of their manpower to lessen their expenses because they're badly affected by inflation. They have to sacrifice their people to keep their businesses running. I believe that the situation will still be better so we have to face this crisis bravely. Basically this is the result of the global economic crisis and inflation is also happening everywhere, for a company or business they must take a policy by reducing the number of workers, it's a challenge to face economic conditions like this |
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The presence of social media is certainly widely used by anyone to convey his ideas and thoughts, many top influencers make predictions about cryptocurrencies, we as investors must be smart to choose which predictions are realistic or vice versa, but experience will be better than just predictions.
Basically, anyone's predictions are not a guarantee and it will be more fun to discuss, especially if someone predicts without doing research and analysis I think we have to be careful, must be wise in using social media and that is important |
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Sorry if my question makes no sense, I am still trying to learn more about crypto in general. Which coin is more closer to BTC in all form? LTC or Doge coin? Also is any of these project have something in common with BTC?
I think Dogecoin, because the Dogecoin community is also very large, even as big as Bitcoin, and Bitcoin also doesn't have the same founder characteristics as Dogecoin, so I choose Doge if Bitcoin will die in the future, but talk about my next Bitcoin I don't think it's possible, because dead Bitcoin is just bullshit. |
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Before you start to make money trading, you have to spend a lot of money. Avoid borrowing money to engage in any trading or investment, though, as it is risky. Keeping in mind what I said before That was the positive aspect; strangely, the negative aspect is fatal. So make sure you thoroughly understand it and learn it from scratch before you start trading. However, make sure to start with what you have. Trading requires endurance.
One should never borrow money to operate a trading business. In this case, the possibility of getting into danger mostly. But there is no restriction in using your personal wealth but you need to acquire enough knowledge to consider it. A bearish market is a great opportunity to buy assets. During this time only those who can buy the asset will be able to earn profit by selling it next bull market. However, the issue of bearing the risk must also be emphasized. Borrowing money for something like that needs to be really carefully considered, when the market is bearish the price of the coin tends to fall and it is used by traders to buy, The most important thing is that you are always responsible for your own decisions |
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Without any bias mind ETH is more better to hold than BNB.
BNB is more better in aspect of transaction it is more cheaper and smarter and faster to use in terms of transaction, Eth is a bit sucking most at times with their transaction fees. It has partially affected me whereby any project that is being built on ETH i don't find pleasing to run their campaign.
well, if it weren't for fees, people would definitely not hesitate to choose ethereum over BNB. it's just that, because of the consideration of a fairly high fee, people are still considering BNB. however, apart from that, I also prefer ethereum over BNB because I firmly believe that the price of ethereum can rise higher than BNB. other than that, given the current state of doubt, I think people will prefer ethereum over BNB. Well, but if you can choose both, you should choose both. both are very good coins at the moment. There is no harm in choosing both. I have previously learned of a bullish trend of Ether where the potential is high. However, money is definitely a big factor when it comes to investing in Ether. Those who have financial solvency can invest in Ether, while comparatively those who have constrict financial situation can invest in BNB. Basically either BNB or Ethereum it is an unquestionable coin, so investing in both is very feasible but it depends on each individual's decision because everyone must have preferences, for long term investment both profitable |
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Many coins that I used to sell and now have gone up more than 100x, the most regretful of course is DOGE, I once had more than 5 million Doge that I bought at Poloniex at that time the price was still 3 zeros behind the comma, if I could sell now then i can have more than $3 million.
It's a lesson for all of us to invest without having enough faith in it. I believe that a lot of people like you, who entered the market very early, must have missed a few times becoming millionaires in the market. I myself sold a lot of bitcoin in 2018 because I didn't think it would go up again, but then in March 2021, it came back strong. That is something I deeply regret. Same with me, in 2018 I sell BTC, BNB, ETH, Monaco Card, FTM, Waves and so on, if I count with the current price, maybe I have around $ 800k and in my opinion is a big value, and can make me retire from work. And now I'm trying to invest in some coins that I will make a long -term target or more than 3 years. we must take the past as a lesson, because cryptocurrencies still have a long life, we are still in the early stages, so don't waste the opportunity to invest in it, I also currently hold several bitcoins and altcoins such as Waves, Rare and CKB, maybe 100x will come to my investment in near future. |
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long-term investments should be made when the market is bearish,
because the price of cryptocurrencies will be very cheap and will have the potential to rise 10x even 100x when the bull market arrives,
it's just that we have to be forced to analyze and choose altcoins that do have fundamentals,
yes you can look for them on coinmarketcap at altcoin top 100 or altcoin top 300, because that's where good projects are located.
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"there were some Miners who were forking ETH to keep a PoW version so that they can continue mining". i saw this on twitter and i don't understand this. Ethereum merge is done. could anyone explain me this which contains in quotation mark ?
do you have the source link? because indeed the Ethereum merge has been completed and Ethereum has really changed its algorithm from PoW to PoS, so I don't think Ethereum can be mined anymore, and according to the information I received, miners have switched from Ethereum to several coins such as RVN and Ethereum Classic for they mine. |
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As I predicted, the price of ethereum and bitcoin is decreasing day by day. And unfortunately, this decrease seems to continue. I don't think there will be a significant increase in ethereum until the end of the year. That's why I prepared a plan accordingly.
Yes, by looking at the crypto market conditions to date, I am not surprised that the prices of both will continue to fall, apart from that I think it's better to take advantage of this condition to buy and hold it for the long term, that's certainly a good idea |
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No Altcoin should be kept in long-term wallets. We have seen the clearest examples of this in the past. People invest their money in the coins they trust very much, and they can't even get half of that money after years. You have to be careful.
holding coins for a very long term is indeed very risky, because we also cannot predict what the future will be like, it is better to hold for 1 year or several months, because according to technical analysis it can be predicted, and make sure we can take that risk, for Ziliqa I think it's a very good altcoin, so for now there is no need to worry, but if you want to invest make sure to buy it at a low price. |
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There is no substitute for trading as well as financial planning. A trader needs to be aware of these two things to make profit from trading. The risk of losing wealth in haphazard investments is definitely high. Moreover, no investment should be made depending on the temporary movement of the market. Due to the bearishness of the market, certain events will happen frequently, so a trader should not concentrate on that, he must remain steadfast in his destiny.
It's not easy, of course, to become a trader, like it or not, they need to keep learning and have a strong mentality, In addition, risk is an integral part of investment. the market will keep moving and that's why traders shouldn't concentrate on just one thing |
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My favourite meme coins is Shiba Inu and Baby Doge. I invest my money in these meme coins and also hold for a long term. In return I earned a huge profit from these meme coins. Instead of these meme coins I also missed Dogecoin it's price go to 1 Dollar ($1) per coin there is a great opportunity to get profit from dogecoin and their is a big risk to invest their money in meme coins.
On the one hand, investing in meme coins can be very profitable, but on the other hand, the risks are also great. this is crypto which we cannot separate from risk because it will always be there, the most favorite coin memes by people are Shiba and dogecoin |
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If you are referring about mentor then i can say that in current situations mentor is not easily accessible because no one will guide you and all of the crypto users are just concerned with cash and spreading wrong information. I just thought usable information by watching videos and more about it i just catch good results from my crypto friends.
Actually without a mentor you can and now the information is also getting more and more extensive, I think we need to try more and that can be done by watching videos, It's important to believe in yourself |
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Yes, you were right we are still in that bear market it is still not over we may see more dump from this price. The market condition is very bad now. There are rumours in Market we may see BTC at 15K. Let's see what happens.
Yes the bear market is still continuing today and we never know for sure when it will end, With the current conditions, it is certainly very important to be wise in making decisions, I don't know whether it will really happen or not and it's better to just keep following the progress |
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How many people on this earth then that number is the definition of success. Success is very broad to be interpreted and each interpretation is different from one another.
It's not how rich or how famous a person is, but in my opinion when the soul's needs are met, that's where success lies. Money is only a medium of exchange that can bring success and can also bring failure and even destruction for someone.
Everyone does have a definition of success and sometimes success is identified with how rich you are or about money, things like that for me are misguided because as you say that success is very broad which is not all about money, We certainly need to cultivate this mindset |
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BTC has always been the standard of market performance, if Bitcoin rises then Altcoins also rises or vice versa, this is difficult to replace because investors always make Bitcoin for assets, even though Marketcap and Daily Trading are getting smaller but I'm sure Bitcoin will always be standard and market size whether red or green.
And most of the pairs in the market are with bitcoin and it's everywhere. That's why whenever bitcoin pumps, the alts are also doing the same manner. This is hard to replace and even people think that it's likely that the motion of bitcoin will be changed and alts won't follow it at the right time, they're wrong on that assumption. Because the fact is that bitcoin will always be the king and alts are just minions on this market. Investors take signals from the Bitcoin movement because it always dominates the market including the prices of altcoins. No other coin could dominate the market as Bitcoin does because it's the most preferred asset of most investors. They depend on its price every time they decide to accumulate altcoins. Yes and currently the price of Bitcoin is still going down, making altcoin prices also go down, the movement of altcoins is still dependent on Bitcoin and that is nothing new, it's only a matter of time to see the Bitcoin price rise again |
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The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
What you say is true and we also can't turn a blind eye that I think Bitcoin is a guarantee of making a profit, but again it all also depends on the strategy, because if we are not smart in managing when to hold and sell it most likely it will make a loss |
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Taking care of your portfolio is very important if you want to make things better for the future, don't think too much about the Bitcoin price drop, the cryptocurrency market is volatile and unpredictable for now, so enjoy a cup of coffee while looking at your portfolio,
That's right it's better that we stay calm in the face of the current situation, I think it is necessary to take advantage of the current conditions to buy some potential coins, don't worry about the falling Bitcoin price even though we don't know when it will go up again |
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