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You have done a good job convincing your boss, it is not really easy to persuade people to buy crypto since the market crash, they have lost confidence in the crypto market but a good news that your boss paid you in crypto, it will be more cooler if you also spend your salary in crypto to encourage those markets people, it will send message to those who have not used cryptocurrency to make payment, it will really increase awareness.
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There is a saying that " if you can't beat them, you join them " ,is this what's going on with Btc and our government?
You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
Despite that some of them disagree, they freestyly buy it and hold it because they don't want to miss the cool gains in the crypto market. Some governments does disagree but despite the refuseness, they individually go behind back to buy and hold since the same governments doesn't legalize or ban it, the faith of the market worldwide had different speculations, buy yours and hold. |
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Both have its pros and cons. For entrepreneurship, it is the trend now, especially for millennials and gen z. You are freedom to decide, to work as the way you like but you have to worry about finance.
On the other hand, you have to follow the rules of company, the decisions of boss but you don't need to think much about finance or loss.
This is why it is advisable to go with your own business, no one will set the rule for you, no body will tell you why you didn't come to work early, why didn't you close at this time, the problem and stress of working with a company will give you nightmares till you retire. On the other hand, if you have your own business as an entrepreneur, you will decide what you want to do with that business, you own your time and what you like to do and how they have to be. Having your own business is the leading goal right now. |
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It is believed that cash helps people budget, as using it means you literally can count the pennies. Paying with a card or crypto currency make spending easy and convenient that sometimes one tends to overspend. Sometimes one might not even know the balance of his account but with cash you are always aware of how much you have.
I agree with this statement. Holding cash helps me to consider that how much I have spent and also how much the balance. It prevents me from overspending This is when you are thinking as person into cryptocurrency, many people outside crypto ecosystem doesn't think like that, they spend how they want, how they feel and how their mood swings but some people who use to plan don't over do it, they used to planned their lives and know what to spend at a particular time. There are some people who are also not into crypto holdings but spend wisely and don't over do things with fiat. I think been in investment help us to plan very well and reduce how we spend this fiat. |
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right now i’m in debt for $6k but i want to keep DCA. should i focus more on pay my debt down or investing?
I felt bad seeing this, didn't you consider safety and risk management into precautions? This is one of the first thing you do before entering into crypto trading, buying and selling. If the lender can extend the duration of your loan, if you pay back the loan now, there wouldn't be any way to get back the losses you have had and you may be stranded a while. Tell him to give you more time and use that opportunity to buy more good coins at low prices and sell at high price, if you make more profits then you can now pay back the loan you have carried and everything balance. |
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How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
The market sell off is didn't affect you only, it has affected everybody, the reason why Ethereum is dumping right now is that some people are speculating that the merge may not go successfully and the traders are selling, and bitcoin is also dumping since last week but holding Ether is not bad for your portfolio, it will grow very well in the future. If you want to hold or diversify your portfolio, add Solana, Avalanche, Fantom and Harmony, those are the layer 1 protocol projects that will become the future of cryptocurrency because they are the one that follows Ethereum right now and not shit coins. |
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The ETH coin doesn't automatically become ETH2. It will still be ETH. The merge only replaces the consensus proof used to distribute consensus voting power between consensus actors.
Its wil still be ETH native token. So there is no ETH2 token.
Exchanges are just confusing listing different kinds of ETH.
There is nothing that is going to change, the supply will remain constant, the circulating supply will remain intact, only the network will be switched and this will be supported by other exchanges. I read that some exchanges may list some forked tokens, so if you have real Ethereum on your wallet, it is better you live them on your wallet because some exchanges will not support fork Ethereum. There is no also ETH2, if there is, it would have been announced that all ETH holders should deposit their tokens into exchanges. |
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