The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?
Bitcoins and money is not the same because bitcoin is unstable while money is stable, saving money is different from saving bitcoins, but i believe that if you are a good saver of fiat you are also a good holder of crypto coins, because saving fiat also needs patience to make a big savings you need to have a big patience also, almost the same in crypto the longer you hold the more profit you will get if you have patience and you never sell at loss. |
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Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
Don't believe in investors that say's the price drop or fall just believe in your own and do research, because nobody knows what's the future of crypto it is unknown and if you believe in the people around you that always wanted to extend thier prediction even if it is not accurate then you will not earn at last. Just do invest in btc because btc is a legit coin and you will earn on it if you can wait for the best time. |
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In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it
If you stake it you will earn and if you hold it you will also earn if bull run start because most of the altcoins start rising when bull run begins, but it depends on your way of getting profit, most of the investors will never do staking because of the risk in connecting your wallet in the staking platform which is so risky, however if you have experienced staking on a legit platform then you can do the staking for good. |
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The reason of making Bitcoin in the first time is decentralized money and make P2P safely but now we can see many platform start controlling this crypto currency by KYC .
My question is can we make platform that can we verify account by deposit only .
Account have two wallet one of crypto and other with real money he can swap and withdrawal money or crypto anytime
I think you can do the platform without kyc the question is, How people trust it or how people think that it is safe, maybe there are a lot of people that did not trust it or did not use it because kyc is the most common factor to gain trust as we can see almost all wallet even crypto exchange need kyc to deposit or withdraw funds to avoid scammer. |
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We need to be always prepared, because we will surely going old and if we don't have savings we will be in a big problem going old is very expensive you will suffer a lot of sickness because of our age we need a lot of money for the medicine and vitamins, we always need savings even now because we don't know when emergency comes.
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I think holding a bitcoin is an investments and only the investors who has a big patience can win or earn profit, if we are going to hold bitcoin and we cannot wait for the right time to sell because we need funds then we will surely loss, most of the expert say's that only invest an amount that you can afford to loss or invest your extra money not the money that is needed for the daily needs to avoid selling pressure of your holdings, so for me holding btc is an investment because we can earn if we have patinece on it.
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I like commission job than salary job because if we are in a commission job we can earn big in a day, while in salary job we cannot earn big we can only earn a minimum wages within 8 hours of working. I believe many people like commission job than salary job, because commission job can make more profit if we are lucky.
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Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
If i buy bitcoin around 15k$ and it rise up to 70k$ i will sell my holdings because i am in the big profit it this could happen, and i believe that many people or investors will do the same thing because we cannot hold bitcoin in a whole decades most of us invest bitcoins for profit so if we can earn profit then sell. |
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I have around 21Pi coin im mining ot my phone.
My question is is.thst real and actually can make some Weekly cash?
i camt recive them bc of KYC proof or sum. but everyone says that they cant get the coins.
Anyone got some idea
I also have this coin and i get it by mining on the pi apps which i downloaded long time ago, i know this coin because my friend sent me an invitation link to download and joined in mining, i am still not doing kyc because it is locked maybe in the near future it will be open again so i am still waiting for it, and also waiting for the future developments of the coin because my friend say it is a good coin he is not an expert but he knows more about crypto than me, all i can say is that wait many people start buying it even if it is not yet listed on crypto exchanges it means many people expect big in this coin. |
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Can shiba inu ever get to $1 in the next bull run or more years to come??, though nothing is impossible, but i don't think it can get there,
And is the project still good to invest in?
I think only miracle can make shiba inu 1$ price based on the supply and the market cap of the coin there is no chance to rise up to 1$ price, there are so many coin that has a huge circulating supply and the price still cheap even in bull market season, for me it is still good to invest the coin but it cannot give is a big profit. |
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This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.
Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?
All kinds of addiction is not good, if you are addicted it means you cant control your self emption on that particular thing or activities and it leads you to be loss, if you are a gamblers you will not save a money because if you win today you will save your earning and you will make it a capital in the next game and if you will loss you're capital money and your winnings will loss at the same time. |
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In life you have to be rich of something, or nobody want to marry to you, and have build a family with you, you would be foreveralone, and the media would constantly mogging you over and over again for being foreveralone to remain you. And your mum would constantly tell you if you don't get married nobody would take care of you when your aged. Nobody would make a tomb for you, and when you died you would go to afterlife with empty stomach and would suffer straving too in the afterlife. That must be a lot of hurt! ouch!
So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too. Do you think in your life, you would ever see someone marry to crypto rich? btw recent news about ftx being rejected to sponsor a superstar due to it is unregistered tell me marry crypto rich might be a distance dream. Also there would be only 21m bitcoin existed, only 21m couples would be able to married rich. When there is billions of population, a lot of couples may not marry rich, due to unequal distribution, some of the crypto super rich would married hundreds of thousand more.
If we only marry a rich women or mam to become rich then this is not love that is greed and if you think you will be happy marrying a rich man because he has a lot of money then you are wrong, it is an advantage if you are rich, but it is not necessary to become desperate if you are poor to marry a rich man, we know what's right or wrong but because of the desire we will grab the opportunity. |
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For me staking is good i choose staking than investing, if i found a good platform a trusted platform, i will stake because staking is not risky as investing the only problem in staking is that we will give the staking platform a right on our asset but if we found a good staking platform then it is safe.
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There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
The best strategy is to know the team, we need to known who are the team member that build the project, next is the way how they build that project as investors we need transparency and update about how they develope the projects, the concept and what kind of project it is, is it new or is it something like has the same project with the same concept, there are a lot of ways to know scam projects but scammers are also smart they also make a way to make a fake project become realistic so we still need to be careful. |
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Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
It can happen i remember how vulcanforge/PYR give a huge profit to its investors when it is listed in binance from 1.9$ to 39$ price rise, the problem is it is onced in a blue moon projects, we can maybe see this kind of projects maybe in the next couple of year. Keep searching everyone has its luck and if you're lucky and you will see a projects like pyr then you will surely earn big. |
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Where can I invest 4k bitcoin
To make profit daily 100$
Any suggestions inside crypto or any other field
There are a lot of investment that can earn 100$ but we need to choose the legit one 4k bitcoin can surely earn 100$ if you invest in altcoins, if you are lucky with the coins then you will earn even more, because altcoins is fast moving coin and its very good for investing just choose a good one there are a lot of altcoins that listed on big exchange it is risky but it is also profitable. |
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If the pension is big and there is an extra money after you spend it to your needs then your free to invest, i believe that bitcoin is a good coin to invest but it is still risky because it is high on volatility and it is very unpredictable. Pension funds is good because it doesn't have interest all the earnings from investment will go to your savings not on interest.
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At first I thought is power than anything, later on I said it's should be economic resources, then I realizes is money. I will give a brief poem here! The breeze blew and stake moistures and when it blew hales, it was just the breeze moving while the moistures is running away with fears.
The mist of human fears is control by what is next to their breath. Money has power than anything, money makes one feels secure, alive and superior. When money leaves we felt life is gone, we feel dead, we feel empty, we feel hopeless.
Currently my country government has turn humans to museum, moving without no direction, helpless and monuments because for over 3 months now the government has seized to release money in circulation, banks refused to fix money in ATM's, no canter payment.
Everyone is helpless, no money no good food, no transportation, no job, no love, no smiles, no good health.
Money drives away every feelings that makes life better. Money is truly powerful
Money is powerful because you can do a lot of things if you have money, you can build a houses buy a car make a businesses, etc., Money is everything that is why it is rulling the world many people wanted to have money in just a very short time that is why they do wrong strategy buy doing crimes, the desired to have money is very big but there are only few opportunity to get or earn a lot of money and that's rulling the world. I think i will agree with you, I saw a news yesterday a person is arrested because of the illegal drug trafficking and his reason is that he use to do illegal business because they have nothing they are poorest of the poor so he do illegal drug trafficking for money, see! money is rulling the world people do crime because of money, because if we have money we gain respect and people will bow down to us. |
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I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
Well we have different status in life and i believe that if we have a little income or salary we will have a big fear in investing, because there is always a question in our mind that what if we loss? our saving will be gone and it is very hard to save again because it needs time, taking risk is not that easy for us who always lack financially that is the big difference between the rich and the poor, rich will become richer and poor become poorer. |
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Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.
So also when the market is down to some extent, the person with $30 may likely loss more because of the money is small. Blockchain has the minimum amount one can invest if am not mistaken but if your amount is too small may be difficult to make easy progress.
What do you think about my advised to him?
You are right the high risk investment can get a big profit while if you only invest 30$ that is not high risk because it is not big money so in small capital we also earn small profit, it is really hard to choose because if we invest big amount and we will loss we will have a big regrets but if we earn small because of small capital we will also regrets for not investing big amount it maybe depends on luck. |
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