They always think about that since for them crypto is so easy for them to earn a lot of money. But once they find out the harsh reality about it then they get dismayed and think that all about on altcoin is really fake. If they could just able to research for best potential altcoins then provably they will not go on risky situation for picking up those scam tokens and they might always go hold or trade those top alts in the market which is good to have especially if there's a bull run will came.
To many new investors got hype with new project since they think that the price will go the same with bitcoin but they meet those unexpected things happen and get scam by those new alts. So to avoid getting scam much better if they do think about real situation about it and again research will give them more idea about many things they want to join with.
In my opinion new traders overestimate their capabilities in an extreme way, and this is because they believe themselves capable of selecting a coin that will skyrocket soon among the thousands of coins we have in the market, and that is crazy, as I am sure there are many people which have been part of this market for years which cannot do this and yet they believe themselves capable of doing it. So it is not surprising they take those high risks as they believe themselves to be immune to them, and they will only learn the truth once they are burned several times by their mistaken decisions. For those who are experienced in taking bigger risks, they will also take into account the strength of their capital. If all the capital is invested in a new project, even though they are very confident, I don't think this is recommended. we don't know what will happen next, especially for new projects that we think have very big prospects. This often happens to beginners, so they actually have a deep burden because of their mistakes, the result of a lack of knowledge |
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Exactly $2.92 on December 27 2021, currently the price of $MATIC is around $0.8, so it's very possible to reach 1 exit point. The good news regarding all developments in $MATIC will certainly have a positive impact on the price, apart from that the halving agenda will also determine it. I'm really wondering whether $MATIC can make a new ATH or not when the halving occurs.
considering current total supply might be hard to reach that price like in the past, after all matic circulating supply always increase though we all know the total supply would be. I was also bagging this coin ever since the bearish that caused this coin to dumps hard and have been making quite the increase nowadays but maybe its time for me to make a movement and invest in other thing besides matic and could possibly migrate over my capital from matic to other coins. I think the fact that ETF ethereum is hot right now might make me invest in ethereum but of course also need to wait for corrections first, the market already rising quite high that I think investing when it is still in peak might not make sense to me, I will just see the situation first, but with matic, there's definitely chance that it will reach $1. matic until the last development yesterday it touched the price of $0.9... even though currently there is a decline to the price of 0.8... but I think it is still worth investing in, I think the new ATH will be if there is a big jump in bitcoin, and of course matic will also follow it to reach a new ATH, but what you need to remember is that matic is an altcoin, so it is better to have other investments which will be better for diversification, to minimize risk |
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As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht), FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Of course, they are worth hodling, they mostly have a lot of use cases (like BNB), and that increases their chance for constant upward movement. However, the risk I see with them is that a little news (or rumor can cause a decline in the price). If for instance there's bad news about the exchange, the developers, the app, the community, or almost anything about the platform, it can significantly impact the price. But again, we all know that investments come with risks (especially crypto investments) so it's not unusual to see this. It is true that up to now they are developing normally in the market, especially BNB which there is no doubt about, I think as mentioned above it is worth following its development, because trust is the main capital in investing, although it is not a guarantee that it will grow according to expectations, However, at least there is a risk in the path we take, even though it is the safest investment, the more people use the product, the higher the level of trust will be. |
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Both are risky as well as profitable but these all suggestions depends on experience. If someone find forex as a profitable then he will prefer forex and those who take benefits from crypto will suggest it for others. If we talk about risk and get afraid of it then we will not move forward to achieve our goals because nothing is without risk here.
If you have traded crypto and forex, the thing you'd first notice is that you have to buy crypto. Unlike Forex, crypto has less leverage. To add salt to injury, I find it difficult using technical analysis in crypto because I can guarantee that it won't work but when you switch to Forex, it works just fine. I think that the forex market respects technical analysis unlike the crypto market where the market can be easily manipulated by whales, instititutions, and other entities. Lastly, there is more volatility in cryto than in forex. In fact, the analysis of both is the same in reading candles, or technical analysis, the difference is that cryptocurrency will have higher fluctuations than in Forex. On the other hand, when choosing a pair for trading in Crypto, I only use Bitcoin, but not altcoins because they are prone to manipulation, especially for new projects, of course the analysis will not work. However, it really depends on each individual who is more comfortable trading, whether forex or crypto |
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Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.
although I don't like learning from people I don't know, especially if it has to do with my finances. but maybe someone who wants to learn to trade online can look for them through the trading signal group. I know that most of them are people who want to gain benefits for themselves. But if you find a trading group worth joining, it might also be good for those who are beginners who want to learn trading. If the signal looks accurate, maybe it can persuade the admin to open a class in trading analysis. not just sharing signals. but a way to share good trading methods. Indeed, not all trading signals are bad and of course they are paid, therefore many providers of this service are competing to have a good track record so that they will have many followers, but this is indeed necessary for beginner traders to find their identity in facing the market, and Of course, don't continue to use it, use personal experience to deal with the market, and of course during learning you will go through many processes |
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I have developed my best way to know wich coin will be best short.
I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.
With this secret formule i can find best short positions.
Having your formula makes many people lose if they follow you. You'd better keep that for your own rather than making someone a fool because don't ever think that if that will work on you, it also work on others. We're glad you'd share your new discovery and trading formula but honestly, nobody makes a perfect trading strategy which is why I don't think it works for a long time and it is also because the market behavior changes from time to time. Of course, every formula has its advantages and disadvantages so that we can use it at the right time, otherwise it is the same as bots, where in certain market conditions it cannot work well, and it seems to trap people, especially novice traders. From the words above, you have researched it with the sacrifice of time and money, of course this will lead to your formula being sold at a premium, I personally am not interested |
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That can’t be true.  There’s no way for the price chart to behave like that, there might be a bug or a glitch but in reality its not possible to happen because its too impossible to have that trend in just one day. Well, if you are a trader you can easily tell that its not possible to happen, better to focus more on the real chart. That's an obvious bug, and since this is a line chart, we can't expect to see another line creating such trend. If you will look at the price of the market or in any exchanges, you will not see any trend like this so better not to take this seriously. I personally used candle sticks to analyze the price trend, and with that I think it's more complicated so make sure to choose what works for you and trade well. in a normal market, this never happens, so it is indeed a bug, and we don't need to think too hard about it. usually after that the appearance will return to normal, from the graph it looks like the candles are stacked, and it is impossible for the market to have more than one price, of course increases and decreases in one price occur, therefore if you encounter something like that, of course wait before you analyze the market, because it is invalid |
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because expenses continue to increase every year, while salaries tend to be stable and do not increase, that is why it is very difficult for some people to get out of there, for example in 2023 the consumption costs for one family will be 10,000$ a year, the next year with the same needs they will have to spend maybe 11-12k$.
because prices continue to rise due to inflation.
and of course there will be more and more opportunities because the world continues to develop, I think people who were alive in 2000 and already working, would never have thought that money could be created via the internet like it is today.
So doing other things from your usual work routine also needs to be done.
The most important thing is that we must be able to keep up with the times and take advantage of new opportunities that can be done. If you look at the year 2000, maybe the internet was still rare at that time, it couldn't be reached by everyone, this is different from the current era, so with the internet we can easily spread the products we sell and of course make sales easier, even though we are only from home, we don't need to sell around, that's where we have to be able to adapt to existing developments |
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.
Do you have a small business idea? or business experience? I want to hear it
It's a shame I never started my own business, I was a seller but at my parents' shop first, but from there I was able to meet our family's needs and was able to send me and my siblings to school. I think small businesses can also be promising, depending on their management. open your small business, whatever it is. The shop business selling daily necessities is very promising, because every day the goods sold are needed by other people, even though it is relatively small, over time you can increase the goods sold so that it develops into a bigger shop and makes people interested, because anything can be found there. . Therefore, don't underestimate small businesses, where the income is not necessarily less than that of an office employee, There are people selling ice at my place right now, because the weather is hot, and it turns out their income is fantastic |
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When hyper inflation occurs, of course what we do is secure our assets so that their value does not decrease, of course from the many investments we can choose, including cryptocurrency, but we also have to know the characteristics of cryptocurrency, because many of them fail and do not meet initial expectations. On the other hand, land is also a good investment with minimal risk, and of course the increase can exceed inflation
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Boycotting won't do shit if nations are still funding Israel in order to continue what their doing. No matter how many products of Israel gets low sales and low volumes, they still have their own defense companies that continue to supply armaments, ammos, and whatnot to other countries. The world is just continuing to 'condemn' what is happening in the Gaza Strip, but no one is ballsy enough to actually start something to stop what's happening on that side of the globe.
Agreed, boycotting is for the self satisfaction of the Palastine Supporters. Just on boycotting things doesn't change as the funding is taking place through different channels. It is really bad that no countries have intervened into the problem and trying to get into a conclusion. It is very clear, how bad the people are getting affected out of the war. What is even more painful is the small kids losing their lives and getting affected. What they know, they're just at their playful days and what is happening around is really painful. The nature of the boycott is just an aspiration, but to cut off funding lines may not be significant, especially since there are so many goods that we need every day, but whatever the basic motive behind it, I myself condemn war, children and women are victims, of course it will be a sad story. continues to sound. However, someone must be able to start taking steps to stop it, especially since this is more complicated because many powerful countries support it. Hopefully the war will end soon and people can rebuild their lives |
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Recently I was contacted by a trader friend, who told me that his trading position in futures was hit by Stop Loss. He played in altcoins, because Bitcoin has recently increased in value. My friend dared to take a long position in several altcoins with capital of $150, and after hitting a stop loss the remaining funds were $12.
I told him to stop and close the entire position he had just made. I want my friend to stop for a moment to calm his mind and emotions so as not to add to the existing losses.
And I suggest that if it starts again, it's best to just play Bitcoin and don't play with too many different types or play too many altcoins. I know that sometimes altcoins are able to provide greater profits than bitcoin when bitcoin experiences a 10 percent increase, but altcoins are also able to provide greater losses.
Investing in bitcoin carries risk as well, but I refer to the risk in bitcoin rather than altcoins because, no matter how long my money takes, I won't lose it. With certain altcoins, however, we cannot ensure that their price will rise when it falls. Using the $150 that your friend used to purchase altcoins. Even though the price of bitcoin is high, it's still not bad for him to use the money and invest in it. We can buy what we can afford to buy, not the entire bitcoin. Since then, if he decided to take the risk and invest his money in bitcoin, he wouldn't have lost it because the risk associated with altcoins is greater than that of bitcoin. What will he do with the $12 that remains? You should keep trying as best you can and advise him to stop investing in altcoins for the time being. He should try bitcoin and see how it turns out; I think he'll like it. In trading, it is best to use the coin with the largest trading volume, namely Bitcoin, because at least price manipulation can be minimized. but unfortunately in trading we have to have complex knowledge to be able to survive in the market, indeed by trading you can quickly make a profit, but we also don't forget that it also contains big risks. Now with $12 left, if we invest in Bitcoin, it will be difficult to get BEP, it's different if we do short-term trading, so the impossible can happen. |
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Bitcoin will not have the title of "mother of all coins" or any other reason. I know we know why bitcoin is considered "king", "mother of all coins," or whatever title it is. It is literally because bitcoin is the first crypto currency created. Bitcoin was created using a new and advanced technology called block chain technology, so it is right that we consider this coin at the top of all coins. As we know, altcoins and shitcoins are only derived from bitcoin's technology; without bitcoin, there are no other coins.
And it is proven mostly by when other coins are affected by the movement of bitcoin: if bitcoin is bullish, then so are other coins, and vice versa; if bitcoin is bearish, then so are other coins. We can't argue with the fact that bitcoin is the leader of all coins and will eventually rein in currency, as its more advanced nature gives a lot of opportunity.
The "king" or "mother of all coins," is more than just the first cryptocurrency. The status symbol represents blockchain's pioneering attitude. Bitcoin often leads the crypto market, and when it falls, they follow. Bitcoin may not always be the best. Crypto is dynamic, and Bitcoin has first-mover advantage, but innovation is continual. Altcoins are evolutionary, each aiming to overcome its predecessors' flaws. Bitcoin's resilience and historical significance give it a unique position. More than a cryptocurrency, it represents decentralization. Bitcoin will continue to reign as long as the crypto community appreciates that idea and its revolution in cash and finance. We know that most of the funds are in Bitcoin, and as if the altcoins below it are having difficulty catching up, so the movement of Bitcoin really influences the global movement in cryptocurrency, so more and more people will choose Bitcoin as the safest investment in cryptocurrency, because it is the mother of the crypto world. we can see that currently the price of bitcoin is moving up, so positive sentiment is also occurring in many altcoins, they are also following bitcoin's upward movement |
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Every technology has its generation, the generation ahead of us will find it difficult to accept bitcoins since they are sticked to their former way of investment. Telling them about bitcoins is just like introducing foreign element to their system. But the fact about bitcoins is that, it is difficult for a newbie to understand the working mechanism, no humans cares only about making money but love to understand it's technicality to be more sure and give their trust to the process
Also, it's normal that if something is new to a certain person or to the crowd, they will be hesitant about it or have speculation about it without fully knowing what it is. You're right, it's like a foreign thing to them, and anything foreign or new tends to be scary or suspicious for almost all people. But what they lack is understanding and knowledge about bitcoin or crypto currency. The internet only worsens the image of bitcoin for those who are newbies in this field. That's why information and advertising for bitcoin or crypto currency are very important and impactful. With more advertising, many people will be interested in this field, but of course, with the right advertising, we need to educate them about the whole purpose of bitcoin and crypto currency. In that way, they can utilise the opportunities that bitcoin can give, and in that way, bitcoin will become more known and become more popular in the mainstream. correct reporting about bitcoin will educate people to learn correctly, so that their minds are open and not misleading information, because this can have an impact on spreading wrong knowledge about bitcoin, therefore we should also be selective in being able to assess the news correctly, so that we don't fall into a wrong understanding that ultimately harms ourselves and others. because currently there are so many people with shallow knowledge that bitcoin will easily and quickly make people rich |
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You understand what I mean when I say that occasionally I even see recent high school graduates with more employment than college graduates. Others who are having trouble finding work are just starting tiny businesses like direct sales.
To start early is an advantage in business because it only drives you to be creative and move into more business areas. For example we can't compare a young lad who just finished from high school and runs a business venture to someone who is still in college and trying to put his feet on the ground. The young lad of course will have better access to loan facilities because he already established himself and having his business as collateral. Loan is important in business because you need capital to keep increasing and usually businesses that are already established has a better chance for such loan. On the other hand, not many students who graduate from college have the mentality to do business, quite a few of them have dreams of becoming employees, having an easy job and getting a high salary, so they don't seem to have a business mind and speculate. The situation is different with people who graduate from high school, where they realize that they will not get a job with a high position, so they have to become entrepreneurs to gain wealth. |
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The population of a country is not always a headache for a state rather it will give huge benefits. let's take the example of China, it's the most populated country in the world but still, its economy is stable not only stable but is in competition with the superpowers. The more the population the more will be the economic strength. This shows that population does not negatively affect a country's poverty.
China is an example of a country that planned ahead for its population growth. They’ve got a strong economy simply cause they manufacture and export more than they import. Being trade partners with lots of countries, there is no shortage in demand for these goods. There are lots of examples of countries having a considerable high population but poor economy with a low standard of living for most of its citizens. The more the population, the more the economic strength is wishful thinking as a growth in population in a country would overwhelm any government that fails to envisage and plan for the population growth. as long as you can utilize the excess population, this can be used as a force to develop a country's economy, but it is not easy to coordinate the excess number of human resources, because if it is wrong, it will only result in an increase in the number of poverty rates, therefore infrastructure, Natural resources, human resources and other supporting facilities are the strength to create a country with a strong economy |
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How we can survive it.
1. By building more machines for food production
2. Land reservation for agriculture.
And encourage more people to go into agricultural jobs. Because of the emerge of the opportunities on the digital age, many are dwelling into jobs and opportunities that are into the digital space and the ones that are remaining on the agricultural sectors are the older farmers that have been there for a very long time although some of them are passing the job and task to their children. It cannot be denied that many of these kids wishes more for their lives and not go to the path of being into agriculture. So, we need more farmers to have food security. This is a common thing, where many young people want to become office workers rather than farming. However, young people must be encouraged to farm conservatively, which can increase production and sell directly to consumers, that way they will earn more income, especially now that there are lots of social media that can be used for marketing. What often happens is that middlemen pay low wages for the harvest, so that farmers' welfare is very minimal |
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indeed, to invest we have to be able to meet our living needs, and after that we can use the rest for investment, at least we have savings equivalent to our expenses in a year, so that even if there is an emergency we can use it without disturbing our investment money, so that in investing our psychology Remain calm in the face of market fluctuations. No matter how much money we invest, it will be very useful, as long as we carry out good money management
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Every person who lives with cryptos know that cryptocurrencies will dump in 2023 and in 2024 we will more grow...
so in this topic, we discuss which coin is better to buy for more gains about 10X to 1000X!
my idea : 1- ETH---10X  2- ADA---20X 3- MATIC---10X 4-SHIBA--100X 5-NEAR---50X 6-DOT--20X what's your idea?  I think your expectations are too high, although 2024 will be a bull run, but I'm sure the price won't go up as high as you expect, because altcoin that you choose has a high price and market cap, so it's possible that the price will increase the highest by about 5x from the ATH price and myself only choose to invest in ETH and BNB, because it is safer and the price will definitely increase (my prediction is 5x from the price of ATH). an increase of 5X is already quite big, especially like the big altcoin Ethereum, but we have to think about investing in ethereum, of course it will have a smaller risk, imagine if we have large capital then the character of altcoins is suitable for investing, unless we want to speculate on getting The greater the increase, the new altcoin becomes an option, but also the risk is greater |
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