Latest posts of: LastKiss

Quote from: ItsCrafty on May 07, 2023, 04:14:43 PM

Actually in every country there is inflation on its peak may be its due to huge population with minimum resources and may be its due to the lack of job. One can easily survive with minimum cost under harsh situations if he overcome his expenses and reduces using of that things which are more expense so in such way a person can save some amount of money from his salary.

We can talk about investment but we have to teach them about how to minimize daily expenses and how to save money and then how to invest this saved amount and in which coin. May be its take some time but surely one can do it if he is interested in doing so.

I agree minimizing our daily expenses is really helpful especially when inflation is coming, since many people are really wasteful there because they're spending for what they don't need, all is that for getting attention from other people like their friends, BF/GF, etc. In this big inflation, I tried to minimize my daily expenses and it really worked because I don't need to look for a loan or another job to survive. Being grateful for what we already have is needed if we want to minimize our daily expenses.

Quote from: Ultegra134 on May 06, 2023, 03:36:33 PM

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So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?

If it is possible I would like to work online for Global so I don't need to move abroad since moving abroad will abandon many family and connections in this country. You should try working online first before deciding to move abroad, keep trying and don't give up since right now many people are jobless we should be grateful.

Quote from: Newlifebtc on May 08, 2023, 10:07:39 PM

Quote from: Rasa nanas on May 06, 2023, 11:47:23 AM

it is very difficult to answer this question because scam projects and failed projects are different.
but just try to play in the telegram group and try to ask about something you suspect or something you don't understand about the project. if you get an answer and you think it makes sense it means the chances of scam are getting smaller, but if you get an answer that doesn't make sense or even you don't get an answer and you have doubts you should leave the project.

I just want to clarify you that some of the things that is in telegram majority of them is owned by a scammer and if I happen to get any good response from telegram group don't depend on it thinking that it is a rightful information it is not it is a strategy scammers use in order to drive you close to be able to scam you so let us by I know the functions of scammer

Many scammers run around in telegram honestly and this is why we should keep our awareness from scammers, judging by an admin answer won't determine its a scam project or not since I met many projects that have a great admin and moderator but end up scams in few months. Right now it's really hard to find a good project many scam projects are developing an exit way to deceive investors and then they will scam their investors.

Quote from: Bd officer on May 07, 2023, 01:53:59 AM

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But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.

Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.

Yeah, many countries still banned Bitcoin or crypto since it is always used by the wrong people as money laundry. If you can still invest in Bitcoin keep doing that since many people will start leaving banks due to high interest like in the US. As long as you're using money that you can afford to lose it will be fine.

Quote from: Wolyusi on May 02, 2023, 07:21:59 AM

Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

ETH and BNB will be the best option here, I don't quite trust XRP since it had negative news lately. Both of them is a great altcoin and you can try to invest in both of them using the money that you can afford to lose. Don't ever FOMO in other people said just do your own research or bring your trusted friend to guide you to choose the best altcoins in the crypto market.

Quote from: Zanab247 on May 02, 2023, 03:57:58 PM

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I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

I will suggest that those traders to be not become greedy in take a decision in trading since our greediness can make our profit from 50% to -50% in a short time. We need to have a clear mindset to do an analysis of the market. Also choosing the correct asset is crucial too since there are a lot of crypto become scams after a few months or a few years, Bitcoin will be the best option for this.

Quote from: Edcrypto91 on April 07, 2023, 05:50:51 AM

I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Simple, just buy Bitcoin and move it to your personal wallet preferably like a hardware wallet like Trezor. You can buy any amount of Bitcoin and start holding and you already become a Bitcoin investor. but inside the investor, there is also a term like a whale, etc. and it is categorized based on how much they're holding.

Quote from: Natalim on May 05, 2023, 04:57:55 AM

Quote from: wajik-tempe on May 05, 2023, 03:58:58 AM

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

The idea of staking is just to encourage investors to hold their coins and earn some percentage while waiting for the price to grow. It somehow builds confidence to holders that a few weeks from staking they'll double their rewards as they sell them. It was now a usual practice by many investors but honestly, I don't do it for the sake that I want to keep my funds secured because I know that the rewards I probably get from staking are very small and aren't convincing for me and most of all, the risks from losing them all if the platform turn scam.

That's why we should wait until the bear market happens cause when that happens we can buy the crypto at a low price and start staking until the bull market starts again. to avoid from scam crypto we can choose top altcoins that have a staking feature with that we can reduce the chance we will get scam by the project.

Quote from: gunhell16 on May 04, 2023, 02:15:19 PM

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What do you think will happen? this is a type of event that every 16 years actually has this problem due to inflation. Please also give your opinion on this matter.

Reference: https://www.washingtonpost.com/business/2023/05/03/fed-rate-hike-powell-banks/

A big chance that Bitcoin will start the pump when the FED starts cutting its interest rate, as for now I think the FED will hold that interest rate at 5.25% since the FED is waiting until the inflation to go lower near around 2-3%. 35k$ won't be impossible to reach next month I think since there are lots of banks already in trouble cause the interest rate keep hiking.

Quote from: initim on April 30, 2023, 08:14:52 AM

Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

Bitcoin absolutely catching those younger people, since young people know about technology and have a passion to earn more digitally. It's really helpful for those who want to do global transactions with a fast compared to fiat money. But since many young people rush into Bitcoin without any proper knowledge they're really vulnerable to scammers out there.

Quote from: spiker777 on May 04, 2023, 01:43:19 PM

Quote from: Sir Legend on May 04, 2023, 02:25:09 AM

If we are confused for business then the easiest thing to develop money is by investing, currently there are many investment options available and if we dare to take risks then investing in cryptocurrencies is a good choice, the opportunity to profit 100% or more in a year makes me tempted to invest in cryptocurrencies even with a small value.

but it is also very risky to invest in cryptocurrencies. and there are very good chances that all money would loose at the end. pluse all the other risks for example getting hacked or scammed. but if someone is still willing to take all the risks then yes investing in crypto can give very high yeild compared to real life investment..
I would go with staking and farming type of investments because this is a type of investment where your original amount of money is kind of safe and can be redeemed whenever you want.

Staking and farming are also a risk since we need to buy the tokens and start farming or staking, we never know when the value of the token that we used will go down. Everything like investing or depositing in the bank also has a risk, just like we see there are already a few banks almost bankrupt due to interest rates from the FED that affect customer behavior. If we want to wisely use our money we should learn first before we use it since knowledge is really important to prevent money loss in an instant.

Quote from: LDL on April 30, 2023, 12:01:42 PM

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If you could travel back in time today, what would you do?

Well if I can imagine something like that happening to me, I will fix the decision that I made in the past and the result is not good like not investing more in Bitcoin is one of many regrets in my life, Studying hard in my school days, and many more that I will fix it. But that's really a miracle when someone really able to go back with a traveling machine and instead thinks regretting what I did in the past I move on with a new mindset today.

Quote from: Oshosondy on April 28, 2023, 07:42:22 AM

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As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
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Yeah, since trading is not guaranteed our profit then we can't hope to get rich quickly from trading but there are people who become rich from trading because they already know the market behavior. Even those people who are experts in trading are still not guaranteed their profit through the market since the crypto market is not predicted at all. It's sad when people invest or trade in crypto especially meme coin because they're hoping they can get rich in a quick time but actually, they're only risking their money.