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161  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 09:05:50 AM
Basically, I agree that trading is not a lifetime job, because trading has a lot of risks. I also suggest for people who want to try to focus on trading to have other income, whether from work or business. However, when you are successful in trading, don't forget to develop the business you have, or build a business to earn other income. I think that trading is not suitable as a job for life, but it can be an income that can encourage us to achieve financial freedom by using profits from trading to support the businesses we have which is suitable as a job for life
162  Alternate cryptocurrencies / Altcoin Discussion / Re: My trustwallet of $211,000 has been stolen, any help or advice is appreciated on: April 15, 2024, 01:11:18 PM
I am truly sorry about the loss you have experienced. The only party that can help you at this time is eXch to freeze these assets. However, as mentioned by several people above, there is a small possibility that the exchange will freeze these assets.
However, there are many things that can cause you to lose these assets, and it could happen because of the Trust wallet that you have. Try to remember where you connected the wallet, or the link in the email, or whatever. Maybe the hacker needs some data regarding the wallet you have to be able to access the wallet you have.
Apart from that, try storing large amounts of assets like that in a hard wallet. It may be safer than storing assets in a soft wallet such as a trust wallet or others.
163  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoins would you invest $ 1,000,000 in? on: April 15, 2024, 06:57:00 AM
I don't want to put that much risk with that money. I'll still buy the conventional ones like BTC, ETH and other top altcoins that are on my radar.
The rest of the money, I'll invest it to some businesses and investments outside the crypto market like real estate since that amount is more than enough to have multiple rental properties.
well, with that kind of money, I thought it wouldn't be good to dabble, so the choice was only on popular coins. In general, people will buy Bitcoin. However, if the choice is altcoins, then I choose ETH and BNB. However, I think that these two coins are coins that have little risk compared to all altcoins, especially if we invest large amounts.
164  Alternate cryptocurrencies / Altcoin Discussion / Re: Here is why people make money from Airdrops on: April 15, 2024, 05:24:33 AM
Well, currently many people are looking for airdrops. In fact I feel that this has become a very popular hype. It is very true that some airdrops provide pretty good payouts. However, based on my experience, such airdrops are not easy to get. I joined a telegram group that provides new airdrops every day. However, some airdrops require capital for airdrops like testnet, and some do not. For people who want to make money through airdrops, they need some money for that, persistence and patience.
165  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the good days for meme coins gone forever ? on: April 13, 2024, 09:05:49 AM
well, people always advise not to invest in meme coins because of the big risks, and not having a clear goal. So, it's very natural for that to happen. However, why people are still using meme coins today is because the increase can occur very high in a short time. People take advantage of this moment, and usually they use money that they are really willing to lose.
166  Bitcoin / Bitcoin Discussion / Re: Hodling or selling? on: April 12, 2024, 12:45:15 PM
From what I know, people like that, who buy bitcoin in large quantities or collect bitcoin consistently until it becomes a lot are those who really intend to invest, and maybe their investment funds are really aimed at bitcoin.
Maybe many people have sold their bitcoins when the price of bitcoin reached a certain point. However, I think they are selling because they have achieved their targets. However, people who have been consistent in holding their bitcoins which they have accumulated in large amounts, I think they are people who are ready for whatever risks occur, and believe in the potential of bitcoin. Moreover, the fact that they are calm even when they invest large amounts is because they are probably using money that they are truly willing to lose. I believe that such investors have many sources of income, or businesses out there. If he only had that money, then anyone would be afraid of losing that money, especially if he invested in bitcoin, which has a very high level of fluctuation.
167  Alternate cryptocurrencies / Altcoin Discussion / Re: If I have $40,000 to invest in one #cryptocurrency. on: April 12, 2024, 11:54:31 AM
$40K is a huge amount and everyone will definitely choose Bitcoin and ethereum as their choice in terms of profits especially for the long term, and both coins are also very safe choices compared to other coins or altcoins because of their footprint.
And maybe if it were me, I would also only choose Bitcoin and ethereum because apart from these two great coins the others are still very risky, especially with new altcoins. So we have to be really wise in choosing coins that are safe and can also provide benefits for us, even though it takes quite a long time but it is certain.
Well, I also think that $40k is too much for 1 altcoin. However, since OP doesn't want to invest in bitcoin and ethereum, I think I'll choose BNB for that 1 altcoin. I still believe that BNB could potentially reach prices of thousands of dollars in the future. In fact, even though there is a lot of FUD from Binance, Binance is still one of the popular exchanges, and I think it will continue to influence BNB. So, I think sooner or later, the price of BNB is bound to rise, and with a $40k investment, it could be a huge gain.
168  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are altcoins important? on: April 12, 2024, 08:59:16 AM
well, not everyone can take advantage of bitcoin because of its high price, and sometimes people also target higher profits using minimal capital, so they will choose altcoins over bitcoin. Apart from that, currently there are still many altcoins that also have good potential, such as popular coins. This makes many people choose altcoins as a long-term investment.
Personally, I also use altcoins more than bitcoin to seek higher profits in a short time. However, until now, utilizing altcoins has been a pretty good thing to increase profits
169  Economy / Trading Discussion / Re: Don't do this mistakes in trading on: April 11, 2024, 09:17:12 AM
When there is a trader who trades using money that he cannot afford to lose it is already an act of greed, because when he does that of course because of targeting greater profits so that he forces himself to use larger capital even though he understands very well the amount is not what he can afford to lose and it is because he is not satisfied with the results obtained if he only uses money that he can afford to lose.
When a trader trades beyond his ability, it will put more pressure on him because there is a thought that he must make a profit otherwise it will mess up his finances and make him experience financial difficulties, even though with the money we can afford to lose it already puts pressure on the trader because basically no trader is ready to experience losses.
Exactly right. I think using money he can't afford to lose is greedy. However, he pursued high profits at the expense of the main money he had without being prepared to accept the risks. However, these two things go together.
This is something that many people do. trade with what they can accommodate. Some people even borrow money with high confidence that they can easily double the money in trading. However, that is the wrong thing. If people are trading for the first time, it is best to use as little money as possible to minimize risk, and always use money that they are willing to lose.
170  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your top performing altcoin this year so far?? on: April 11, 2024, 07:55:41 AM
Hey mates, as we get closer to the halving, I wanted to ask, what are your top performing altcoins for the year so far, and which ones are you looking to add to your portfolio as we progress deeper into the year
well, this year hasn't been long, and so far, I've probably paid the most attention to BNB. I plan to focus on collecting BNB because I believe that this coin can reach a price above $1k. Although it takes time, but because of that, I plan to endure it little by little. I have also sold some of the altcoins I own for that purpose.
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Sold all my shib for litecoin on: April 11, 2024, 06:55:24 AM
I'm not a fan of Litecoin, but selling meme coin for LTC might still be better, especially if you're targeting a long-term investment. If you see that the future of LTC has great potential, that's not a problem, besides that LTC is still one of the popular coins which is still surviving.
However, I might be more inclined towards coins like Bitcoin, or EThereum, or BNB to invest in long term. I think ETH and BNB have better prospects in the long term than LTC. But, I think as long as it's a popular coin, and it's a decision you make after doing research, then maybe it could be a good thing in the future.
172  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 1k in altcoins on: April 10, 2024, 04:40:50 PM
When your goal is to invest in altcoins, then investing in a safe and profitable way is not something that can be guaranteed. This will still have a high risk. In fact, if you're new to this, I can only suggest investing in popular altcoins, especially the top coins on coinmarketcap. Apart from that, you need to do in-depth research to ensure that the altcoin is worth it or not. However, no one can guarantee that you will make a profit, so research continuously.
173  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: April 10, 2024, 09:47:07 AM
Not many traders realize that their trading activities can have a significant impact on their health, especially those who have a history of heart disease. This can be because the market can go up/down and this makes traders worried and stressed - and if this is felt by traders in the long term then this will have a direct impact on their health. Therefore traders should not only care about their trading activities and getting profits from it, but they should also be able to monitor their health regularly and drink enough vitamins and get proper rest if they don't want to die young.
Well, I think things like this are more prone to happening to people who take excessive risks, especially for those who use their main money, or borrow a lot of money to trade. When they get their analysis wrong and cause deep losses to their assets, the first thing that happens is stress. We know that stress can cause other illnesses, especially mental illnesses, and even diseases such as heart disease. This will most likely trigger other diseases. So, I also suggest to traders that always use money that you are willing to lose. Although many people are aware of this, few actually implement it.
174  Economy / Economics / Re: When luxury becomes a necessity. on: April 10, 2024, 08:16:55 AM
That's one factor that lead me to always go for high quality and luxurious stuff after that moment.
Have you bought something that people feel is rather too expensive and that you could have purchased a lower version of it? What was your inexperience like after that?
I agree with some of the opinions of other members here. There is a difference when you say it is luxury and high quality. High quality means you spend more money to buy goods with more uses and more comfortable use. Luxury means you spend more money to buy pride and prestige, not the actual value of an item in use.

If you buy a MacBook, it means you are buying a laptop with high quality compared to other laptops at a cheaper price. But if you buy a Macbook that is plated with gold, or a Macbook signed by a famous figure that costs dozens of times more than Macbooks on the market, you have bought luxury.
well, I think it's okay to buy expensive things for work. If you can afford it, and it can help you in your work, then it would be better to buy it.
IMO, buying things that we will use for the long term at a more expensive price and that we can afford, will be better than buying things that are cheap, but hinder us in the work we have. Apart from that, the bigger the workload we have, the more things we need, and usually the items we need are items that have high prices.
Apart from that, another example, when someone has a high position, they are given expensive facilities. This is to make them work optimally. So, I think it's a common thing. If people start to get jealous of that, then just ignore them.
175  Bitcoin / Bitcoin Discussion / Re: Crypto or Real estate on: April 09, 2024, 03:17:32 PM
both are investments that are still profitable today. If you are great at utilizing both, then there is no reason not to choose both. However, some people are afraid of taking big risks, therefore some people choose to invest in real estate. However, crypto has the potential for very large returns and profits compared to real estate, and these profits can even be obtained in a not too long period of time. However, currently I prefer to utilize both.
176  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoins or Fiat? on: April 09, 2024, 01:23:20 PM
personally, I would be more inclined to choose the Fiat. I think that its use will be more flexible. However, if it's a specific fund to invest in, and I'm just holding it for a while before reinvesting, then I'll choose stable coins. I often do this when market conditions are bad. I chose stable coin as a temporary asset, and after seeing the investment opportunity, I used the money. However, when I have converted crypto into Fiat, then I am ready to use the Fiat for offline purposes, whether for primary needs, or for real estate investment, or other businesses
177  Economy / Trading Discussion / Re: Is forex trading a hobby or a skill on: April 09, 2024, 10:48:43 AM
Doing forex trading as a hobby will result in big losses. Because most likely it will end in loss. So, how can a hobby be called a hobby if it takes the money he has. However, forex trading can be used as a hobby if one has skills in it. He definitely has a reason why he likes doing it, and the most reasonable reason is that he always makes a profit there. Which means, he has skills in that matter.
Many people get stressed just trying to trade forex, so I don't think it's a hobby that can be done for fun without having any skills in it.
178  Economy / Economics / Re: The benefits of risk taking on: April 08, 2024, 03:23:54 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.
179  Economy / Economics / Re: Do you believe in savings or investment on: April 08, 2024, 02:07:52 PM
I like both saving and investing. There are many of us working businessmen and laborers who have their own money making side from which they earn money and save some amount of money apart from family expenses. Many people prefer to keep their savings in the bank. However, I feel that both banking and investing have their own benefits and risks. Just like if you keep your savings in the bank, if the bank goes bankrupt, you may face financial loss, just like if you invest, if your investment loses, you may also suffer financial loss. Maybe doing both requires courage and the strength to take risks. But those who have no investment experience prefer to deposit their money in bank because they get annual interest from there
Yes, these two things are very important. After all, investment aims to improve our financial situation. In fact, rich people also do this, and to this day, investments are still very valuable. In fact, people are competing to find investment places that have great potential. Meanwhile, saving is also important. By saving, we have money that we can use in an emergency, or maybe when we want something. In other cases, people have large amounts of savings to take advantage of the interest given by banks. However, I feel that both of these aspects should be present. If we have a small salary, then try to save little by little, and when we find an investment that makes it possible to earn money there, then we can invest using these savings.
180  Alternate cryptocurrencies / Altcoin Discussion / Re: How to find a best bounty campaign to join ? on: April 08, 2024, 11:03:11 AM
There is nothing certain about that, because basically bounties promote new projects that will be developed, so there is no guarantee for that. All we can do is carry out research and analysis regarding the projects in the bounty. If you want a small risk, then try looking for a bounty that pays through escrow, it may have a small risk. Another thing you can do is try to choose a professional Bounty Manager such as Irfan_pak, Bounty Detective, and others.
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