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201  Economy / Trading Discussion / Re: Why do many people fail in trade? on: January 31, 2024, 05:02:09 PM
Well, many beginner traders have high expectations from trading. They hope that, when they trade, they can immediately see profits. However, when the price of the assets they purchased fell greatly, they couldn't bear it and sold their assets as soon as possible. or, when they hold without research, the price of the coin drops continuously, and they are reluctant to sell the coin and they hope the price returns to normal. These things are usually one of the reasons people fail in trading. Therefore, I also think that consistency and patience are necessary. However, we also need to know what we are trading and look for information about it.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Dead Coins: Over 50% of Cryptocurrencies Have Failed on: January 31, 2024, 08:46:09 AM
There are so many projects that cannot survive in this market. There are many things that determine whether a project can survive or not, and I think there are also many projects that are not able to survive these things. Among the tens of thousands of coins there are certainly many projects that were once very good. However, because there was no innovation and development, they eventually ended up going bankrupt. some of them may fall due to greed, corruption, fraud, and others.
However, there are many aspects that need to be considered to run a project. Apart from that, the coins that have survived so far also need to adapt, innovate, and continue to strive to develop the projects they are working on. Perhaps, currently there are still many projects that are on the verge of bankruptcy.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: Between new tokens and old tokens, which would you invest into? on: January 31, 2024, 05:27:09 AM
personally, I would invest in legacy tokens. You explained that the bull run is coming, and I feel that right now I can't make any wrong investment choices. The advantage of investing in new tokens is that the potential profits can be very high. However, I would probably avoid big risks, because targeting high profits definitely has big risks. Because of this, I will choose old tokens, or old coins that have great potential when the bull run occurs.
204  Economy / Trading Discussion / Re: When Trading becomes Unfavourable on: January 29, 2024, 11:02:37 AM
Well, that's why people say that trading is difficult. even though we have prepared plans such as limits to sell when we make a profit or loss, but sometimes we get greedy, or maybe think that our profits could be higher, or our losses could be less, so sometimes people change their plans and holding the coins they own is beyond their plans.
This also often happens to me, where I sometimes forget what I should do, and instead make new plans in the middle of trading. well, sometimes it works, but sometimes it creates huge losses. However, it would be best if we took profits that weren't too big, and followed the plan we had from the start.
205  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: January 28, 2024, 04:46:04 PM
I think their advice is not too bad to use as a reference, but in the end it is our own choice to decide and not follow their opinion completely.
Suggestions are also not too bad when we want to know something about other people's opinions.
suggestions can also be constructive.
well, their opinion is not completely bad.  However, to minimize the risk, we also need to be wise in responding to this and starting our own research.  even when we find most influencers saying that the investment is good, we need to do our own research.  There are many types of crypto influencers nowadays, and among them, there are many influencers who think that the investment is good because of their high fees.  So, stay careful, be wise in choosing investments, and do in-depth research
206  Economy / Trading Discussion / Re: Where i can sell fast 1.0036 bitcoins? on: January 28, 2024, 08:27:00 AM
The fastest way is to do P2P, but I think it will be quite risky, especially if making transactions with strangers. it could be risky for you, and risky for him.
Additionally, I think making a withdrawal via an Exchange like binance is quite fast, and may not take up to 4 days. As long as you have done KYC, I think the withdrawal will not take long.
207  Economy / Economics / Re: Passion for skills. on: January 28, 2024, 06:42:43 AM
Well, currently I am developing my business skills, whether in terms of trading, investment, and others. I feel that people who are rich today are because they are very clever at taking opportunities, and making "problems" their solution to produce a product that can easily solve the "problem". However, I continue to study this, where I also look for potential products to resell, while learning how to do business and invest. I even apply this in the crypto world. Apart from that, a thirst for knowledge to develop skills is important in this case. This will push us little by little to success.
208  Economy / Trading Discussion / Re: No one has gone broke taking profits, always take profits. on: January 27, 2024, 01:26:26 PM
Yes, he's right. after all, no one goes bankrupt from taking profits. However, people sometimes don't know when to stop. In fact, when they have made a profit, the feeling of wanting to hold back to get a bigger profit will always be there. This will be realized when prices start to fall. However, this method will work when we have a strategy in determining the minimum profit, so that when the profit we have approaches the minimum limit, we must immediately make a decision to make that decision.
209  Economy / Trading Discussion / Re: How to make money on cryptocurrencies without investment? on: January 27, 2024, 11:16:35 AM
I'm just a newbie and I don't have other opportunities to make money irl because of my place of living and age. I tried already bounties and airdrops, but I'm not lucky in it. Thanks for your advices!!!
So far, I have only taken advantage of bounties and airdrops without investment. However, if you don't succeed in that, maybe trying to sell the services or skills you have could be another option. It's just that you need good enough skills in the field you are interested in, and then offer your potential customers payment using crypto. I think that's the only path that has been successful for many people who want to start earning crypto without spending their money. However, the downside to this is that you need a lot of research and patience.
210  Economy / Economics / Re: Save while young better than wait on: January 27, 2024, 06:53:26 AM
Actually, there are lots of tips about this.  However, sometimes young people are often careless and are more interested in good relationships and a good lifestyle.  this requires quite a lot of expenditure.  If he has a lot of salary when he is young, then that is a good thing, but if not, then he has no plans to be rich in his old age because he wasted his money without investing.  However, encouraging young people to save, invest or increase their assets is a very good thing, but it also requires proper education.  So in this case, education is something that is really needed to encourage young people to invest at a young age
211  Economy / Trading Discussion / Re: Why people mostly fail in trading on: January 26, 2024, 02:52:54 PM
Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.
that seems to be the case for a lot of people. I also have several acquaintances who feel that trading is a quick way to get rich. Actually, this is not wrong, but they think that it can make a little money into a lot in 1 night. That happens because they see that trading is easy. Another factor is that they are too hasty in trading, greedy, and many other factors.
212  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Gold, land which better? on: January 26, 2024, 12:26:51 PM
Why not just save from your allowance and then invest it on Bitcoin. The only way to convince them is to show them that you can really make a profit in Bitcoin rather than depositing it in a bank, saving money won't make you rich but investing it will.

However, don't forget to do some research first before buying, for you to be able to buy at a very good price, don't just randomly buy out of nowhere because you wanted to.
Well, in terms of investment, Bitcoin does have the potential for profits that are much greater than gold. However, if you can make those profits, people might think that bitcoin is better than gold. However, there are still many people out there who still choose gold over bitcoin. That's because they don't want to take a big risk, and may want to invest in something that has physicality. Many people think out there that bitcoin is not worth it because it has no physical value, and maybe the price will fall. That's why they choose gold over bitcoin. Because of this, I feel that both investments are good things depending on who uses them.
213  Economy / Economics / Re: Financial education and why it should be a priority. on: January 26, 2024, 06:01:12 AM
I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.
214  Alternate cryptocurrencies / Altcoin Discussion / Re: Trend or long term projects? on: January 25, 2024, 08:40:58 PM
I am a long-term investor. usually buy and then I stake. waiting for the price to rise to the target price then I sell. and after buying a stake rarely open the application. except just monitor the price has reached the desired target or not.
well, I think, most people who hold in the long term will stake, because besides holding their assets, it can also increase the assets they have.
Personally, I am a flexible investor, I will hold in the long term if I feel that the potential is good, but I will not stake, because stakes require a certain time to be able to unstake, and it is not flexible. Apart from that, I can also be a short-term investor if circumstances support that.
215  Bitcoin / Bitcoin Discussion / Re: Have you ever regretted selling your bitcoins ? on: January 25, 2024, 07:57:25 PM
regret will continue forever if we keep looking back, it hurts, yes it hurts but what has been sell should never be remembered again, consider our fortune only at that point, and after it is sell let's look for bitcoins again to collect and target at the highest price what we want
Apart from that, it will seem like we are not moving forward if we only think about the decisions we made in the past. We should accept this and try to be better. If we look back now, of course we will regret a lot of what we did at that time.
In addition, the circumstances at that time may also make us pressured to sell the bitcoins we have collected, and think that we can easily make them back. However, we are aware that as time goes on, it will be difficult to accumulate such value again. However, we must continue to move forward, and learn from our past.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins profits or bank profits, which best? on: January 25, 2024, 06:46:36 PM
We can't compare altcoin profits to bank profits cause it has a big difference as we all know that once we are investing in altcoins then the risk is too high but if we are too lucky and that altcoins will rise up then a lot of money will get in profit but as I said above it is too risky that we can not say that we can get more profit everytime cause there's a time that altcoins we invented will fall. While in the bank some of them offer small interest but still we have profits.
Yes, apart from that, looking for profits on altcoins requires doing in-depth research, and must be prepared to accept big risks if something unexpected happens. Meanwhile, bank profits have an almost constant percentage, and there is no need to do in-depth research. The most important thing is, the risk is very small. However, it all depends on how we try to use it. There are still very many people who choose bank profits over crypto, which makes this choice depend on one's circumstances. So, both are good investments depending on one's circumstances.
217  Bitcoin / Bitcoin Discussion / Re: Can bitcoin completely erase the Traditional Banking System? on: January 24, 2024, 01:33:55 PM
I think the current banking system is very difficult to remove or replace with bitcoin. However, there are still many pros and cons regarding Bitcoin. There are still many people who don't know, or haven't accepted it. In addition, banks have guarantees from the government, while bitcoins do not have any guarantees, so if your bitcoins are stolen, there is no way to return them, and there are many other contradictions. So, I think for now bitcoin can only be an alternative and investment tool.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: About Altcoins Investment Experience on: January 24, 2024, 12:11:05 PM
In long-term investments, Bitcoin is the best crypto, and Ethereum is the best altcoin. So, I think these two coins are the best to invest in.
It's just that the potential profit obtained from a new project or meme coin is greater than that, but with greater risks too. However, I had the same experience, where I invested in new altcoins, but some of them ended in fraud and scams, and some of them still exist today. It's just that the potential is not what it was when the coin was released. So, the best investments in crypto I think are bitcoin and ethereum
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it even possible to offer 10% daily reward? on: January 24, 2024, 08:31:54 AM
LOL, 10% every day, that's 300% in one month. I think only ponzi investments or scam investments can promise such profits. After all, it is too good as an investment place. Try to be more realistic. If investments like this were legit, perhaps there would be many well-known companies promising investments like that. Even banks only promise a very small percentage within one year.
220  Bitcoin / Bitcoin Discussion / Re: Have you ever regretted selling your bitcoins ? on: January 22, 2024, 06:40:57 AM
Yes, if you look at my journey so far, then I will regret selling the bitcoins I have so far. However, in the course of life, we have conditions that make us sell the assets we own to meet life's needs, and that was the decision I took at that time. Although I regret it, it will not happen again. So, all I can do now is try to collect it again, and try to hold it again for a long period of time.
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