right way to prepare for the future ,,, in the world i live in now i am not the only one who suffers many people who have no job finished college but no job to get i think they are having a hard time like me, the hardship of life now especially if you don't have expected income so I prepared myself now for the future and tried it on bitcoin because I think it will help us without a personalized job and wherever the future takes me now I am ready to face the trials of life I am here to dive into whatever experience I have here with a bitcoin crypto currency and head towards this bright future.
Do all sorts of things because not everything would be assured even you do end up on having a degree or simply not an assurance to have a better life but it does really give out that advantage if you do have this thats why people would really thrive to finish up their degree despite of the current reality that we are facing now in terms of being jobless or doesnt really have some work. This is why making ourselves way more better in terms of finances or status in life will really vary on the effort and dedication on finding other source. Dont rely and just wait for some vacancy yet there are opportunities around which you could dive in. Life is a struggle, and we must be able to enjoy it, education is very important, although sometimes our work is not in accordance with the educational pathway that we are traveled, but at essence while we are young must have several sources of income, and do not be fixated on one source, so financially we will be healthier |
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Borrowing money to invest in crypto for me is not the main option and maybe it is optional,
it's better to keep using your own capital but if you really want to borrow it needs careful consideration,
again everyone has to make their own decisions and must be sure
It's not even optional for me. I don't want to add some problem that I might regret it in the nearest future. No one will stop anyone from borrowing a loan to invest in crypto until they become broke and did the wrong decision. Upon investing in the crypto market, metaverse tokens or not, just be the man of your own money and that decision that you'll make is going to be an important thing for your future. But not all would really be having that kind of capability in terms of finances which means they would really be needing to take some loan whenever they do see some opportunities for them to get in and they dont have any choice or options but to take some loan which i do say that it isnt really bad always as a decision as long you do know on how to repay those loans then i dont see any problems. But if you are borrowing money to invest in crypto, this is a very high risk to take. As we are facing the volatility, you have no guarantee if you can achieve your targets and pay your loan on time. Though some have no choice, but it is better if you have other sources of income in case, your chosen crypto investment gone wrong. Definitely, at the end of the day, it is your decision to take this route, but you should also take into account the consequences that you may face if things will not go according to your plans. For beginners who dare to take loans for investment in Cryptocurrency, I see it the same as gambling. They are without good knowledge with Cryptocurrency and taking a double risk. If Bitcoin continues to decline, then I think the psychologists are not good, and have a negative effect on the end, which many panic sell |
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but in my place more women are holding bitcoins, if I ask the reason they use bitcoin is, because they want to fill their spare time, they want to take advantage of the opportunities that come, after the homework is done, all the rest of the time they spend on bitcoin, even myself learn bitcoin from them, great women who don't expect pocket money from their parents...
In contrast to around me, where women are still a few who know Bitcoin, for trading or investment, not many are dared to take risks, especially for housewives who do not have their own income. but actually many ways to get cryptocurrency even though they don't have capital |
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KYC is the process to identify and verify the identity of customers when participating in opening accounts on exchanges, this ensures against illegal activities such as money laundering. Currently, on major exchanges, KYC is a mandatory condition to be able to trade, withdraw and deposit. However, many people do not like KYC because they are concerned about the issue of personal information being exposed. Information used for KYC such as passports and driver's licenses may be exposed if the exchanges are not well secured.
especially if the exchange is a local exchange which requires kyc. indirectly, our identity can be known and I think the tax office will find it easier to know each of our transactions. We know that the exchange is already a legal entity and has received permission from the government, while the government has the right to collect taxes. |
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whales have knowledge and capital. By saving as much capital as possible, they can accommodate the sale of turtles, because they feel they can no longer hold them. by getting a lot of coins, and the price goes up again the whales make a profit according to their plan, and the turtles are disappointed because they have sold it. This cycle goes on and on
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I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.
I will agree with you if it is done for altcoins that are in the best position at this time, if you can't have confidence it is better to sell them and change to coins that are very reliable. bitcoin clearly has its own criteria and will increase over time and there is no need to hesitate to hold it for a long time, maybe the problem is that the absorbed funds are quite high because the price is very high at this time. ethereum is also good as you said, that to be able to hold it in the long term is quite good even though there are still obstacles with high costs which are often avoided by many projects because they end up colliding with distribution that requires a lot of funds, but in principle ethereum is still the best altcoin until now even though there is BNB. choosing the best coin or altcoin when bears occur is indeed better, where we seem to have security protection in investing in cryptocurrencies. bitcoin and ethereum are indeed the main choices, but bnb is also worth investing in, especially if we don't have much capital. so it doesn't cut a lot of distribution costs if we choose ethereum |
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Digital currencies are definitely the future of the finance now. There is no way out of this so some people who are antagonists to Bitcoin and the rest of the cryptocurrencies should stop their attitude for their own benefit. In the future, we won't have any fiat currency left. In this kind of a world, people will have no choice other than using digital currencies. It is better to make an effort to get used to them already now.
bitcoin really cannot replace fiat currency because the price of bitcoin is very unstable or very volatile. one of the requirements to become a currency is to have a stable value, of course this requirement cannot be met by bitcoin. maybe if every country created their own crypto that has a stable value it could happen, but to replace fiat currency as a whole seems very difficult. Well, that is not the main point of replacing it as a fiat. The truth is that Fiat is also volatile, but with cents only, but it has a huge impact on the economy. It doesnt mean that if it is volatile, then it cant replace the fiat. The main reason is that Fiat is really established right now, in remote areas where they can use it, unlike Bitcoin, in those remote areas that don't know what it is and how to use it. It should be used by everyone. There are no flaws in our fiat system right now, but I know that in the future it will be digitalized. Indeed, fiat is currently the most relevant means of payment, but it is not impossible that in the future it will change to digitalization, as fiat used to shift the barter system which gradually became less relevant. basically everything will change along with the needs of the world, so from if it was legalized around the world, then the volatility would probably be more stable |
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if he doesn't blame us it's still good, sometimes because it's going down they blame us and always ask when it's going up, even though we don't know what will happen to the market either. I think your friend is not mentally ready, so he experienced a panic sell which ended in losses, even though after that the price continued to rise, and I think he did not buy back at the price of $ 3500 because he was afraid, and at this time he may have regrets
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we don't just focus on getting a lot of results, but we have to manage expenses so that they can be used as well as possible, so that we still have a lot of money left to invest, so that later we can manage finances well, where our old age can be facilitated. The temptation to buy things that are not needed today is very much, so we must be wise in spending them
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Let's be honest: how many people apply this rule?
Note: this is not to encourage anyone
since I know bitcoin, I've always been selling my stuff in the real world to buy bitcoin, I've sold my cell, I've sold my video card, I've sold my entire computer, I've sold a lot (I really miss) to buy bitcoin and I don't regret these choices
well, it takes a lot of courage. most people nowadays are really looking for money in their life. the point is that not everyone wants to take big risks. maybe quite a lot of people who don't care about these rules and have become rich, but vice versa. Well, that's because they can take a big risk. personally, I follow this rule. however, I still still love crypto, it's just that everyone has their own way of growing and investing in the business world, especially crypto. but it might be good for you. dare to take risks and have sufficient knowledge is not wrong in carrying out the rules. but not everyone can do it, even at the beginning we may be said to be crazy, for selling what we have to buy bitcoin. but with proof, then the person who said he was crazy can be silent, and praise us even though in his heart |
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90% of crypto geniuses failed just because they failed to HODL it learn from them don't be one of them.
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
natural instinct people who have never traded in the crypto market before. Seeing assets drop drastically must be hesitant to make a decision. but it is undeniable that so far it is the holders who make profit. the intention to become a holder is always there but there is always a temptation to always be afraid of losing. trader crypto must have felt that feeling every time. this is related to psychology that is not well established, where human nature cannot be controlled properly. things like this must be trained slowly, we must focus on holding it if the main goal is investment. lest we change our minds from investors to traders, so that we experience big losses. |
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sounds really good, and I don't think it's wrong for anyone to predict it, and news like this can give investors more confidence, I hope. but I personally think $100k is still too soon for the target of february 2022, if I personally may predict, the target of $80k might be more logical for the next target
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The mind of every investor and trader is to trade and make good profit,and secure his future on a stable and balanced note.But while he invests,he bares in mind that trading is risky and it should be done with carefulness.
He makes sure that the project he is into is profit guaranteed,and also knows that every business is a risk,therefore he thinks strategically on how to take the risk, and when to take the risk.
therefore we must be able to invest in accordance with the beliefs of our personal analysis. even for the safest coins, we can buy gradually according to our own analysis, so that later if there is a risk, we are personally responsible. Therefore, investing according to your personal portion is very much needed |
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We have different strategies so any advice or suggestions can't just be easily be applied by all. We have our own way of managing our money, and only us knows truly our financial capability. Savings, holdings, or anything else, we should just allow those people to do the managing their own way.
As we always hear on some post here, their money, their rules.
right, everyone has their own way of controlling, so what they feel comfortable with, that's what they do. we only give advice on their views with what we do, and not necessarily they can implement it too, at least we have given their views, and they are the ones who determine it |
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Hitbtc.... This exchange is totally shit and i didn't use it since two or three years. cause it asked for more than $20 fee when others exchange only ask for $2/3 only. Even sometime it asked $40-50 fee if you want to withdraw any altcoins (this incident is happened two three years ago) Even it has bot trading, kyc not mandatory but they temporary blocking accounts randomly and asking for kyc even for small funds too. Even i got email, someone login my accounts! Same was happened with my friends too. Don’t like it actually, worst experience ever
I personally also experienced it, where to carry out activities again I was asked to do KYC, but after I did KYC, it took a long time to verify, until now it has not been approved, I don't know if I'm the only one experiencing it. but to ask for some of the funds, I personally don't know it, but to make a withdrawal there is a high fee |
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Even though the market is red, I suggest to continue to buy coins that already have a strong reputation and are easy to recover, namely MATIC, TRON and BNB, I'm sure tomorrow or a maximum of a week the market will skyrocket and we can get big profits if we buy when the market is red like today this.
a good choice, which is a promising coin in the long term. we know the end of the year is still 2 weeks away and there are still many opportunities to get big profits this year, because it is likely that at the end of each year the market will rise significantly, and we should not be afraid to start |
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how do you say that long term investment is full of risk. it all depends on the altcoin you invest in, for example you invest in etherum, BNB and other potential altcoins in my opinion the risk is smaller. basically all depends on the analysis. all have risks, but you should be able to minimize your fears for long-term investments.
in addition to minimizing our fears, we must also enlarge our psychology to dare to invest in the long term, because it can give us large profits. many people do not dare to hold on for the long term after making a profit and are afraid that if the market suddenly drops again, and receives nothing, things like that must be controlled |
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The most promising investment right now is of course altcoins, high profit opportunities are something that we deserve to try, especially after farming and staking that can get APR of up to 75% of course makes us no longer hesitate to invest in altcoins.
the increase in altcoins is indeed very significant, but we must also be observant in choosing altcoins to invest, the many available altcoins of course make it impossible for us to research one by one, the safe choice is altcoins on the top coin marketcap. or if we can analyze, I think there are many potential new projects, and that can make us suddenly rich |
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It all depends on how you trade with bitcoin, if you trade daily for profit then your days can fulfill all your desires. Likewise, if you make long-term investments with bitcoin, you basically have to have other jobs before you get a large return on the value of your investment. Financial freedom has been felt by many people who use crypto, especially those who have invested in bitcoin.
Not only with Bitcoin but on other coins as well specially to those who had profitted out on dealing with altcoins too which give out 10-100-1000x returns which is really something possible and could give that opportunity to have some financial freedom. If you are living with it on daily basis because of trades then its up to someone on how they would be dealing with it.Not all would be having the same capability or skills. So it does vary on how they handle up themselves into this market. Of course you would need to work and not just sitting there and waiting to make money unless if you do have leverage businesses which can sustain your living but if you are dealing on something which does need some effort then you do need to work for that and wont be waiting specially when you are trading.You do need to be smart and skillful on making profits and some tend to hold for long term or tend to be idle because they cant just handle up volatility.Financial freedom is something that could be acquired on having lots of income sources. most of the people who have financial freedom they do have several sources of income so they are not only supported by one line of work. for now we must be able to adapt to changing times, where there we must be able to find opportunities which can make money. as well as bitcoin which prints a lot of new rich people to date |
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100% economic independent.
I totally agree with this line. The situation in my country is the same as yours. Inflation, correct officials, higher unemployment rate crashing our economy. People are trying to find a good source of income when youth are nearly got any job after graduation. In this hard time, many like me find stability in their economic life through crypto. I do not have any full-time job right now but still, I can live a balanced life and support my family. Crypto gives us 100% economic independence. Talking about officials in the state alone, seems to be envious of their facilities, which are said to be representatives of the people. but never mind, at this time many of my friends are working on cryptocurrencies with their various ways, including trading and investment being an option besides that with the bounty of course it has a big influence |
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