Where can I invest 4k bitcoin To make profit daily 100$
Any suggestions inside crypto or any other field
Some exchanges have a feature like staking, if you want to earn passively you can try staking in the exchange but there's still a risk since you won't get your money back if you lose your money when the exchange goes bankrupt. But staking won't give you a daily profit $100 with $4k Bitcoin, you can try future trading to increase your capital and do day trading, the risk more bigger but the profit is big too.
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~snip~ What do you think about my advised to him?
Anyone can start to invest in Bitcoin at any amount, depending on the person if they want more profit in the next bull run then they should start with decent capital. As long as you use your money that you can afford to lose then any amount is acceptable, never invest in crypto if you're got in FOMO or just following your best friends since the risks here is really big and you should do some research too.
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In my opinion, with the current supply of shiba inu, of course it would be impossible for the price of shiba inu to reach 1$, moreover, shiba inu is just a meme coin, it doesn't really have an interesting utility like other altcoins, so I'm not sure that shiba inu will reach 1$
Yeah, reaching $1 in this bull market will impossible likely for Shiba Inu, they need to burn their massive supply and more market cap before they can reach $1. Talking about $1 is still unreachable in a short of time but its better if we talk about its growth and more utilities so more and more people will use Shiba Inu as a payment.
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So I have to pay $9 ETH to transfer 70 USDT I just received, out of my wallet? And worse, transferring any amount of ETH will set you back $3 in gas fees.
I've just converted most of my ETH to BTC, and have $0.5 left in metamask. It claims to have an "advanced gas control" when you hit Send, but it's not showing me that.
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
It's been already Ethereum problem from the start, since they really got a lot of transactions and many upgrades they did for lowering the transaction fees but seems like it does not solve the Ethereum problem. Right now $9 is nothing when we compare at the bull market begin where there will be more transactions out there
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Lots of people that know am into bitcoin investment in my society always come to meet me and they have been complaining to me that they didn’t get to know about bitcoin early, most of them wants to invest in bitcoin but they believe the price is already high and incase if the invest now, it’s just waste of time because the won’t really be making much profits again, most of them decided to invest in other things why some of them decide to invest in altcoins(which is very risky). ~snip~
Yeah it's not too late to invest in Bitcoin right now or later after another bear market comes, but we can't expect Bitcoin will do 10x in profit each bull market, since there are only around 2 million Bitcoin left to mine. Right now is best to accumulate Bitcoin before we enter another bull market. You're right when it comes to the reason when people want to invest in altcoins because they're expecting to get huge profits but not all investors know the high risk before they invest in altcoins tho.
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Mine was BNB, ETH, RNDR, ARB. What about you guys? What do you keep following or watching these days? and why?
Well, ARB is good to watch right now because many people dumping their airdrop tokens also I keep watching for ETH and BNB as always since not many new altcoins catching my interest so it's hard to move on from those two tokens. Since those two tokens already have great utilities I'm not hesitant to accumulate more before the bull market started.
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Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.
Its sad that the efforts you are making to save seems as if it is being washed down the drain. For now, if you can focus on your studies. Use whatever income you have to sustain yourself. Do not worry too much about saving because it may lead to financial anxiety and stress. Let your education be on the top of the list. I agree that students need to focus on their studies but somewhat most students can't focus on their studies because they got no savings for their living expenses or got no money to pay tuition. If we're not born into a rich family we should save our daily allowance which will save us our need someday and not spend it meaningless. Investment may help you too if you find the good investment instrument while you're at school but keep in mind to use your money that you can afford to lose.
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Right now doing DCA and holding until the new ATH is achieved is my strategy, I want to try trading but never have enough time to do something like an analysis since I'm already busy with my work in real life. a year ago I'm doing staking for my Bitcoin to get passive income in a bear market but due to recent bad news in CEX like FTX collapse I move my Bitcoin to my personal wallet and did hodling till now.
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Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come. Let share our experience. As for me I still regret my actions years back, but I still believe that it's never too late.
Well, until now I never doubt Bitcoin because it's won't have a positive value, last time I regret sold my Bitcoin because of some emergency when the Bitcoin price is at low not selling it when a new ATH achieved. until now I'm regretting my action due I don't have any emergency funds that day and now I'm preparing my emergency funds when something emergency comes up rather than selling my Bitcoin to cover my emergency expense.
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$1 is money, it cannot be denied, but to make a lot of money from that amount I could, but it is something very suffered, if a person is focused on doing many things to multiply it, it is within their rights, I would throw $1. to luck in a casino, because 1 dollar, although it is money, represents something but not much, and in trading the best thing is to have a good capital so that you can obtain very good profits, and I know that 1 usd for a maximum in 1 day is not It is bad, I am one of those who think that 1 usd or having some profit is something positive, I prefer to have 1usd in profit than to have lost 1 usd, but I think it should be more.
Well, using $1 in a casino won't guarantee our profit because in casinos mostly our profit comes from our luck, and many uncertainties there. 1$ is not a big capital but if he wants to do it every day in Bitcoin later after a year and sell it when Bitcoin reaches its new ATH he can get more rather than in a casino I guess.
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Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
If you're earning a good amount and comfortable with your gut and able to read the chart then just keep going, if you're looking for more knowledge to make your trading risk is lowered then technical analysis, or fundamental analysis is important when you're trading frequently. Any skills in crypto will help you earn more in the crypto space, not only in crypto when you have a lot of skills or knowledge your life will feel handy.
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