For me, If I was wealthy I would rather invest the majority of my money smartly than save it in FIAT and it is certain I would keep or save the minority for sudden situations. In fact, There is a plenty of ways to invest your money such as, starting projects related to new technologies , buying precious metals, lands and of course Bitcoin & Ethereum That’s how you can reduce your tax rate intelligently.
Moreover, the future is unpredictable. So the more you have solid strategies and plans, the more your money is safe and your wealth is growing. Also, life is too short, we should enjoy it and entertain ourselves and family but don’t spend what you have on useless and trivial stuff just to flex on people and boost your ego. That’s called stupidity and banality . Plus, it is unfortunate that the social media is full of them. We literally live in a materialistic and hypocritical world but it does not mean we should follow them.
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Well, even criminals are using FIAT but unfortunately the media always targeting only Bitcoin in a negative way, that’s the difference. In fact, it is always safer to use Bitcoin or in general cryptocurrencies than FIAT . However, there is a minority who using them in criminal or illegal activities like, drugs and arms trade… etc That’s the negative aspect of Bitcoin due to it is untraceable, They can know only your address but not your personal information and location.
In addition to that, the governments been looking for way to track Bitcoin since 2009 but they never achieved it. Otherwise, we cannot end the criminal activities in the world but we can reduce the rate if we find a way to track criminals and improve the security . In fact, it not only related to Bitcoin but FIAT.
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To be honest, it is absolutely risky and nowadays investing in altcoins is certainty unpreferable especially the new ones due to a lot factors like the volatility of the market , regrettably the current situation is unstable. We have not seen any progress for a long time. For example Bitcoin , it is been months and still stuck between $23k-28k and same goes to ETH l and due to the whole market is following them, so there is a high risk to invest in short term.
Moreover, 90% of new altcoins/tokens are scams. They always come into the crypto market with high values , then suddenly dip to the bottom. Furthermore, They always build attention to attract greedy victims. So you have to be careful in picking new altcoins, if you don’t know project pretty well, then don’t take the risk and waste your money on it.
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Well, I don't advise newbies to start trading without knowing the basics of this field, that's too risky to be honest like this way you will literally lose what you have and get disappointed. For me, I would prefer reading some usefull books like, the crypto millionaire handbook and swing trading. Plus, it is really essential in order to learn how to read cryptocurrency charts and technical analysis.
Furthermore, It would be better for beginners to start with a low amount ( less than $200 ) due to profit isn't guaranteed in the beginnings. It might take a while to learn the crypto trading field well And in my opinion, you should divide your budget on BTC and ETH for long time profit and some altcoins (such as Tron, Cardano, Solana and EOSà) for short term profit.
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Nowadays most people are connected to social media, when they see influencers who carry out extravagant lifestyles, it's usually easy for us to follow, but we must remember that the risk when following a lifestyle is to make our finances wasteful, and it's best to leave an extravagant lifestyle and excessive.
You are totally right. Sadly, everyone is following each other, that’s one of the negative or terrible effects of social media apps ( like, Facebook, Instagram and snapchat) , they be spending a lot of bucks on useless stuff just to flex on people. In facts, influencers are a bunch of manipulators , hypocritical and fake except few. it would be better if you isolate yourself from this category. Otherwise, it is unfortunate that majority of people are not investing in themselves. They literally share the same negative traits such as, greed ,lack of knowledge, arrogance and selfishness Plus, they wasting a lot time on trivial things specifically on social media. In my opinion, It is always better to learn how to be productive in life and use your skills and knowledge intelligently in useful ways.
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Well, FIAT and cryptocurrencies are completely different. Bitcoin is basically decentralized unlike Euro and USD , they're centralized. Furthermore, the bank or in general the governments will never accept unstable , uncontrollable and untraceable crypto as a legal coin. It means it is too difficult to see bitcoin recognized in all countries neither as a new global currency.
In fact, El Salvador was facing major economic problems and probably, that’s the main reason for accepting bitcoin as a legal coin To be honest, they took a risk when they made this unexpected decision despite a lot of countries were against it.
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In general, humans by nature are hasty and greedy, they be looking for easy jobs with less effort and knowledge. Otherwise, starting a business is risky nowadays especially in IT and crypto fields. If you don't have knowledge, solid strategy, , unique ideas , added value and budget then it will be too difficult for you to succeed and make huge profit. And remember that market is full of competitors.
In addition to that, you have to use your skills pretty smartly and always take it step by step. From my personal experience, if you have a project idea and planning to launch it, you should begin with analyzing the market and it is not necessary and essential to follow the majority (sheep), then prepare a pitch deck. It really helps to attract investors, partners and sponsors. After that, try to create a demo version and share it on active platforms.
For me, I would rather take a shortcut way to reach the top, i know it’s kinda tough but worth it. Without taking planned risks, we cannot achieve our goals.
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I absolutely agree with what you said OP. if you let your emotions control you in any kind of fields, you will never reach success and achieve any goals. Plus, you have to learn from your own mistakes. And remembers that every beginning is tough, we all face a plenty of obstacles in life but once you get enough experience, everything will go extremely well.
In my opinion, Trading crypto isn't an easy field to gain thousands of bucks in a short term. I advise newbies to start with a low budget to avoid the risk of losses. And if you are not mentally strong and don't have patience , then regrettably you don't belong this field.
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Well, Elon Musk is literally a mental giant. This fall of Twitter value may be planned by him. He is always using tricks to manipulate public . I heard this genius businessman is currently investing millions of dollars on AI projects such as, Ai voice changer. It basically provides different types of voice overs. You will be able modify human's voice and change it with multiple options ( like, celebrities voices ) Futhermore, I am pretty sure he will come up with surprises in the near future but not related to Crypto in my opinion. He is no longer interested in this field. He already got what he wanted. But who knows? I might be wrong However, It would better if you don't follow and believe his posts on anything related to crypto
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Good news, I am really glad for you. This success story would be a nice motivation for Bitcoin community. In addition to that, patience and hard work are the keys to make dreams true and achieve goals. Unfortunately, a lot of people don't have these values. In fact, they are hasty and fragile. They get scared once Bitcoin suddently decreases and make some dumb choices like, panic sell and converting their BTC into shitcoins.
Furthermore, Bitcoin is able to change your life extremely but you have to believe in it and try to find multiple ways to gain it. Plus, I advise people to work as freelancers in IT field, that's definitely one of best ways to gain money in less time. And keep holding until Bitcoin reaches the moon again ($65K ) .
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In my opinion, SHIBA Inu isn't a solid project, it's basically a meme token with a huge community. And to be honest, it's not easy to predict its price especially in middle and long term but for me, If I had a big amount of SHIBA, I would take the risk and hold it for 1 year. In fact, the more you have amount of tokens with low prices( like, Shiba, Dogecoin, Tron) , the more huge gain you get in pump.
In addition to that, it is true that this coin is currently on TOP 14 with a high market cap value ( $6.3B) and volume ( $189mill ) in 24h and probably in next bull , the price will increase *2 *3. Keep your eye on it and get prepared for upcoming events. And remember, most of these altcoins are BTC and ETH's followers. The whole market is literally based on them.
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Current number of posts (including this one): 929 Rank: Full Member Merit earned in the last 120 days: 22
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I absolutely agree with what you said. Furthermore, in my opinion you cannot be rich if you work as an employee from 8h to 17h, maybe you would be financially stable but not wealthy and unfortunately it might negatively affect on your health. In addition to that, you don't need to follow and give attention to the sheep ( materialistic people ) who love flexing to others , always focus on yourself and family. We should be grateful to have Bitcoin in this era, it is literally helping us to achieve our goals. The more money you invest in BTC , the bigger profit you get but in long term .
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Well, that's too risky to be honest due to Bitcoin is kinda unprofitable in short term. And in general taking a loan to invest in crypto is wrong choice , as you see the market is unpredictable and the profit is ungaranteed. For me, I would rather find a way to gain Bitcoin ( Like, doing freelance works or E-commerce...etc ) than take a loan and be controlled by a bank.
It is certain that taking a risk is necessary to achieve goals but it should be a planned one, otherwise you will lose what you have and struggle with debts. And remember that nothing come without a solid strategy and plan. Good luck
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HAPPY HAROOBEEN
3D oil painting....Cardboard cutting....Complementary colors...Salt technique Roobet username: Baoo
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They will let you know when your NFTs go to 0 and become worthless.
I will let you know when our NFTs go to the moon and become profitable & famous
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Will you make this game 3D and make it PVP? Or make this game like adventure game with some final choices? happy ending, sad ending or something else. I think if only happy ending it's not exciting for some people. Hey mate, hope you're doing well. It will be an RPG but about the sad or happy ending part we won’t disclose until it is the right time. Stay tuned for upcoming events. Have a great weekend!
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Will owning your NFTs give you any benefits?
Hey there. Give ‘you’ or give ‘me’? Can you confirm it?
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