The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job. Yes, of course, there's always going to be the factor with the fact that he can earn with his current job but with his assets that have accumulated, it's enough to not do anything anymore and just enjoy the rest of his life not working. I think a lot of people's goals are to have enough amount of money and then start up their own thing or possibly retire. How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.
If I manage to earn that kind of money in my investments, I would quit as well. I mean, I wouldn't want to have to report to a boss anymore. It's good to be your own boss unless your company would let you be one of the top executives and decision-makers, maybe that's a great gig to have even if you are already filthy rich. Imagine having that kind of money, it's going to be a lot of fun to help people that really need it. It's going to be life-changing for them. I hope I can achieve that.
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There are many suggestions to be bought, and there are some things that you can miss out on. It's a matter of deciding for yourself and not relying on others and then blaming them because you followed them or learning how to know what to buy during these times. It's best to be aware of what to do and the current trends because they can be taken advantage of, but you would be devastated once it turns against you.
Anyway, the safe moon is technically not safe; just basing on its popularity alone during these times is risky. Not for the long term, unless you are shorting it?
I think with your 20k, and you could do a lot of things. Possibly, divide your 20k into different assets, in which you have chosen the best coins for you, and you decided it for yourself and then wait for it to rise. I think that's a great strategy and prevents putting everything in one asset.
This is not financial advice, lol.
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Yes, there is always no fun when you are going to lose your earnings in gambling, imagine you have worked for it for one week and then you will just lose it all in one day,
I have the gambler's mentality and I'm trying to change it. Sometimes it affects my trading portfolio as well. It's not going well enough if I'm emotional that's why I result into trading automation. that is really frustrating, I also the same thing as yours, before the profit that I am having in the signature campaign are being used as my capital when I gamble but that is only happen one time because I lose it all, so the next profit that I have earned until now is being used for my investment and some are used to be converted into fiat currency so that I have money in my own for my needs and wants.
Don't gamble what you cannot afford to lose. That's the number one rule, IMO. I admire what you are doing with what you have earned now. I think the impulse that people have during those times is fueled by greed and envy with regards to other peoples gains. There's always going to be a factor of luck with it but it's important to know what really matters.
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Mine is okay, I can see all the way back to 2016 Maybe you just have to wait on the loading time? Or use the link given by jossiel. It seems fine still.
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If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade. It depends on the type of trader. Maybe he has a lot of money that he can't do anything else but let other people have at it with his money. Possibly, using the lending services of the exchange. You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances. I think it mostly depends on the person or the amount that he is being asked for. If you know someone who has a lot of money but doesn't help out others in need, probably he is just selfish like that.
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Most of your stuff is valid, and a lot of people are starting to invest in the market like trading and investing in different types of coins. I know that once you are introduced, you are starting to get overwhelmed first, and that's the most common reaction towards the investing stage. Imagine experiencing a winning trade and doing the task all over again. It's easy at first, but once you hit those streaks and those losses, you are in a rut, and you might be able to consider yourself gambling with your hard-earned money.
Anyway, why not include doing what you know and offering it as services and then receive payments using crypto or something?
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These are clickbait articles without any substance to rely on. It's highly unlikely that bitcoin will be overtaken by any other currency at any point of time in future.
It is clickbait to let people read it, I think that's just the strategy with marketing but in the article itself it stated that For now, Bitcoin is the king of the hill and will likely stay that way for a long time as the price continues to climb and mainstream investors hop on board. The article is saying that Bitcoin will stay at the top. So I think you went ahead and immediately assumed that the article says that some altcoin would be overtaken.
Didn't click on the link. Didn't read the article either. Will just respond to your subject.
The initial line in his topic is part of the article anyway. It kinda looks like Cointelegraph's website or similar to that though.
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Your book looks interesting with 101 pages of it, and I think it's an excellent start for you. I admire people who share their knowledge with everyone and have the ability to share it for free. I'm still finishing a book, so I'm not yet able to read yours, but I think I'm going to put it on my to-read list.
I believe you need a Kindle Membership to read it for free, right? Like borrowing it in a library of some sort.
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I like how the idea of checking the capacity of the whales to go and analyzing that it should be the floor. I mean, it has been established that it's the current price range now, and I love how it's always within this current range, and it's pretty healthy for BTC or generally crypto to be accepted by the public. It's just making rounds, and the story where people have gained riches because of BTC makes it even more enticing to new people, so I think it's not going any lower anytime soon.
Personally, I'm not worried about it. I'm consistently cashing in and buying BTC and averaging out my entry with it. It's something that you can believe in for sure. Diamond hands, as they say. HODL.
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Going opposite of your initial plan would be happening because of anything like emotional failures or market condition but at long as you are making profit, that is not a problem in the case of market conditions but if you're reversing just because of emotions that may not help all the times which the real problem here. I think that's the main problem with people. Acting based on emotions. Imagine being in a relationship and you are fighting each other by words and most of the terrible cases are because of the overwhelming emotions that people have. It's the human thing that makes us more vulnerable. Always sticking with trading plans will be helping to achieving consistent results from trading. Switching over plans/targets may end up regrets at most of the times.
Consistency is the key that's why I would prefer a bot instead of myself, unless I feel I want to risk it.
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The right psychology should be understood by everyone because once you have experienced the negative things that could impact your trading and mindset, it will roll you down continuously and you might not be able to recover it. I think what you should do is to read and establish what you believe would work and just stick with it in the long run, no matter what happens. Making sure that you will adapt to some situations but not varying largely with your chosen strategy and the adaptation.
One thing that I considered while reading your title and scanning your post is that why not use the reverse trick that some people use? Like what if you decided to long an asset but reverse it and do everything oppositely. Because you it's like gambling as well that there's a chance that you can win or not.
It's the development of the mind to be strong or create something that could possibly work. Better be prepared.
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I see this a lot, and I think many people are interested in investing in these meme coins. They say that it's the new way of investing and creating different waves across investing. Some people are even considering this as gambling, though.
I might be getting a few of this, just an insignificant amount that I'm okay losing. Anyone else doing this as well?
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I remember a friend who has been able to buy Doge using a credit card on Binance. I know that he said it took him a while because Binance behaved weirdly, which can be connected to what you are experiencing. I think it would be okay, or the volatility within Doge might be too harsh for the system and might give you unreliable conversion.
I hope you wait for what you are going to do with it and not make rash decisions that could be unfavorable to you.
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I only have heard of LATOKEN before, but not Cointiger. So you are saying that not to trust them because they have fake volume? Or because they have scammed you or something?
I'm not sure, but I know someone who has given KYC to LATOKEN before. I'm just not sure why he did that but maybe because of a particular project that he has. Anyway, I'm not sure if he would be okay giving the personal information to them. So I'm worried about him when I read this.
There could be a lot of factors to the volume. Maybe they are just trading it themselves to produce it or just magically put the volume per hour or something. It can be made by using bots and technically not fake if there's trading volume. How did you assess this btw?
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I have seen his name on the gambling discussion board since it's pretty recognizable with the number on his profile.
Anyway, it's always been hard to see someone passing, especially here in the forum. I am paying my respect to him. RIP.
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I watched this in Livestream and I must say it is entertaining. After the fact that I believe Elon is just that kind of person and with all his part in the skits and the way he speaks, it's just like he is perfect for comedy lol, like he mentioned in there.
Anyway, the scene where her mom said that line, I was shocked in a way because I saw it coming when she said "present" and immediately, I remember that it ran into $0.7 then back down immediately to $.6 in a minute. It's just that fast
I think a lot of people expected something more from it but that's just it. Couple of mentions of Doge with different skits and a jab and the "hustle" here and there. It's basically spreading the word of doge to the public with the audience that SNL has. Being it a comedy show, it is perfect with the theme of Doge as well.
To the Moon!
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Dogecoin falls after the SNL interview of Elon Musk. You do know that he hosted it, right? Not interviewed. He ran some skits as well and some of them involve Dogecoin. Anyway, I'm not sure what coins you are talking about. I checked Google and just found some description of it as a Proof-of-Work. Not sure if you are talking about BCN or something. https://blog.komodoplatform.com/en/cryptonight/
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Some of the Telegram groups that I'm in, talks about this Shiba token. I'm not sure if this is just another jab at the DogeCoin meme, but still, it's fun to speculate with since it's a joke, to be honest as well. There are a lot of people that could deem this token as valuable, and others couldn't. It's all based on what people value it for.
I see that it has its own Shiba Swap, which is exciting, but I think that it wouldn't hold any traction.
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(b) Most times, only the rich can get richer from trading. Sounds very controversial, but think of this, if two friends follow a signal and enter a trade, one with $50 and the other with $500. If everything works out well, both will be in gains, but the profit margin of both individuals will be different. This Illustration further supports the claim that only the rich can get richer from trading. I agree with all those things but I would want to emphasize the part where there are differences between the rich and normal person. The best way to look at it is to be neutral with the profits. Not looking at the value but looking only at the percentage because that's where you will see the actual progress one person has made. Sure there would be differences in capital and how much money it has but that's only making the person more greedy in terms of wanting to have the same "gains" but the fact that it's only the same in percentages. Then discriminate with what a person has or can afford to lose. As long as the mentality is there, I believe they will become successful.
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You do mean like means of exchange, right? I think that the best thing that cryptocurrency has done is allow earning money. There are lots of ways like. - Offer services and be paid with crypto
- Mining
- Lending
- Trading
There are a lot more, but I think it's the most common. It's the people that give it value, not in the essence of the crypto itself. It's permanently attached to something to provide it with value.
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