Happy new year to all of us. (Asian region passed the timeline). I’m still on forum and that makes me think how addicted I am to crypto currencies and bitcointalk forum. Lolz. I can hear the fire crackers outside with happy moments situation. Well, the reason for this topic is new year and how is our outlook of it for the financial side. I’m very obsessed with 2021 and how it turned everything upside down for the financial part of my life. I have learnt great amount of deal coming 2021 in regards with how I invest and earn my money. The balance of your income sources is way important than your expenses and investment. In 2022, I have very importnst goal to achieve and that is to add another income sources into my existing list. This could be either e-commerce based on crypto currency payment availability. This is just to cherish the new year with crypto as well as my personal income source outlook. I wanna know how you guys gonna react to your own “personal economic world”.  There is too much competition in the crypto industry right now. Many new people involving every day and many people try to find new opportunities here. I think there is the very little option left here for me. I am not a dev nor an advisor. What I can do is marketing but all those big VCs doing all these staffs so not so much earning opportunity except trading which I am not very good at. I am thinking about shifting my profession to more technical staff. |
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If you know there is something that can take away your main source of income then what will you do? You will be afraid and worried about yourself and everyone you are responsible for. Bank generates income by borrowing people's money with low interest and lending them with high interest. They use people's saving to run their business. So if people can use the crypto wallet to do all those things that they can do with the bank then why they will use a bank. If the use case of banks is less demanding they will be shut down for sure which is a concerning matter to them.
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The meme is just another hype coin that will follow its predecessor hype project. I can still remember in 2018 there was hype about low supply coins and deflationary coins. People were crazy about buying those coins and some projects have had only 10000 total supplies. Most of those project is already dead. I still can remember a project called ethplode. Its group still exists but is dead. Most of those meme coins future is also these I can assure you that.
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I was also muted I think because of talking about their dirty tricks. When I ask them why I didn't receive my rewards their response was that my entires were invalid. But in their spreadsheet that they have finalized last time there was my name and token amounts. But I have never received any rewards. This project and their team can not be trusted and I am afraid we can not do anything about it now because it's been a long time already.
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When we discussed the topic of Bitcoin and its decentralized nature and how it relates to the economy of the world, I lot of people seem to be confused about the place of Bitcoin in the economy.
First, we need to understand the nature of Bitcoin and also its legal tendency.
Bitcoin is a digital currency that is not controlled by any one individual or government that is why it is referred to as decentralized currency, secondly, Bitcoin is an asset just like gold that the reason most people adopt it for its economic benefits.
Bitcoin is a decentralized currency and it gives us financial freedom that all I can say now. Most of us deposit our savings in the bank and banks use them as they want to. Govt has great influence over it and sometimes it actually not your money because banks can seize it under govt influence. So where we can store our money where no one will be able to influence it? It's in bitcoin. Your funds will be in your control as long as you are the owner of your private key. It stores value and no one can use it except you. It connects us with our ultimate goal of financial freedom. |
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As I know coinmarket cap has a tab where they show new startup projects that's token sale is going to happen in the future. Many new projects listed their project there so that could be a good place to find new startup projects. They have an airdrop section also. You can Use another platform called dappradder. This platform actually operates with dapps so you can track every new project there also along with the latest crypto market update.
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Market is witnessing some gradual dumps and it's a know fact that altcoins will bleed more than bitcoin and they will be stable or recover only when bitcoin recovers and pumps. So will it be wise to hold on to Altcoin or switch to Bitcoin or convert the funds into stablecoins and wait for market to either start recovering or to dump further to buy more in order to reach breakthrough for the lose which we might have incurred till now.
Right now market looks foggy. Bitcoin below 52k is not indicating bull in control on the other hand BTC is above 42k indicating bear is also not in charge. So we can say the market is moving sideways right now. It will be wise to hold a stable coin for now and let the market decide which side it wants to go first. You can make a partial investment into news base projects because it doesn't matter about the market conditions of these projects. Close your trade with a small profit if do not want to take any risk yet. |
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Why do banks need to die for mass adoption of crypto to occur? Banks will surly adapt to the new technology and situation. For p2p transactions, there has to be media that needs to be maintained and operated. These banks could play a vital role for that. As long as there is a community there will be laws and regulations for everything and which should be because if there is no central authority there will be no law. Which could cause a big instability to human life. People will behave like animals and strong will punish innocent. So for stability in our society, we need govt and govt needs a bank to maintain the economy.
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These scammers are using the same shit tactics again and again still many people are not learning the season. What is the reason behind this? lack of knowledge or greed we can say! I thought Elon do not like other meme coins rather than doge. What happens here! he really invests in that meme coin or another rumor like before which lead Shiba Inu to the market cap it is right now. Elon should stop this dirty metaphoric tweet of him. |
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Probably, bear market has already begun, or it’s time to start. Crypto market has been growing for too long. This cann't continue without ceasing. Some people expect more growth. I think they are wrong. If this happens, it will be the third growth in this cycle. It's almost impossible.
Most of the crypto experts I know said that 100000$ for BTC is inevitable and eth could cross 10K this time. If the bear market has already begun then what will happen to BTC. We saw last year most of the institutions has brought BTC at the level of 42k - 45k so I guess here we have strong support from the institution which is already reflected in the market. BTC failed to break the support of 42k and strongly bounce back towards 50k. I can not say the market is totally bullish right now but it seems bear is getting weak. Also, the market is in fear sentiment for the last 21 days so I guess it's a buy signal because most of the time market bounces back from here. But on the other hand, the market always takes correction before Christmas and the Chinese new year. So there is a chance for another major correction also. The scenario is totally dizzy and anything could happen from here. |
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Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
Even $300,000 can change the lives of most people without investing in the metaverse. Why bother to invest and have to wait 5 years? Especially with borrowed money that is clearly high risk? Borrowing money to invest in crypto is one of the dumbest ideas I have ever heard of. We all know how volatile and unpredictable the crypto market is. You could be in debt for the rest of your life. Also, 100,000$ is some people's dream goal in crypto. Calculate your risk before investing not after everything has gone wrong. There is a trend running in crypto about metaverse doesn't mean that the next development of VR technology will be based on crypto. VR technology and metaverse are not totally new in the world. I think there is much more potential in web3.0 than metaverse for the long run. |
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How I can prepare for the future if I do not know what will happen to me tomorrow. Actually, in my observation, we should make our present life and future is the mirror of our present life. If you have done the right thing today your future will be shiny and amazing. So building your today is basically building your tomorrow.
The list you provided is highly demandable today also and I am also kind of love to have coding skills. I do try for quite some time but for the lack of proper guidance, I am still learning how to code. It's not that easy as many think it is.
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Hello everyone, I'm interested in the issue of checking projects and tokens.
There are many projects and each shows users big plans and ambitions. But as practice shows, not all projects keep their word and people often lose money by investing in the wrong project.
Recently I came across a project that was created to solve this problem - CheckDot. They have a nice strategy for checking and verifying projects, which seems to be useful.
What do you think about this problem and what solutions do you see?
There are several elements that show a project's authenticity. You can check a project has those or not and then you can decide this will be a good investment plan or you should have exited from that project. First, check the project contract is audited or not. Then check for their partnership and development plan. There are a lot of VCs who invested in new projects every day. I can trust a project if that is backed by binance or kucoin. Another thing is a good project is very common and that is they are very active in their social media. A good project always keeps their community updated. |
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In my opinion, virtual reality was first made as a prototype for metaverse. Something like the first try to get in.
And almost all services running virtually can be combined in one big place.
Aside from laughing after checking the second link, I know that the porn industry in the VR market is in expanding growth before the implementation of Metaverse. I expect it to be the motivation for a big community to join metaverse.
Actually, some porn websites accept crypto payments to purchase VR porn contents. So in a Metaverse world, it's likely to use cryptocurrencies once it's completely lunched as a parallel separated world.
So that's really happening where people would like to connect to each other virtually. I have no idea about VR pron but last year I saw an article where it was mentioned that pron workers will be get paid in cryptocurrencies. The involvement of Facebook with the metaverse industry boosts the process no doubt that but our society really can accept that? Watching porn is forbidden in many societies and it affects our youth very badly. It perverts our minds and thoughts. |
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Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
To make a financial crisis market cap should be larger. Mortgage-backed securities in 2008 market size were almost 4 trillion. At that time this was quite a big figure for the world economy. The Crypto market is still new and someone could crash the market with only several thousand BTC. Right now this may not be the reason for a financial crisis but in the near future, it could be. The more we are heading towards web 3.0 the more crypto adoption will begin. This could attract big institutions which could manipulate the markets more frequently. |
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The professional investor doesn't rely on media news or articles. We know how these media published paid content for money. I always believe in my research and the data I collected from various sources and intelligence.
Actually, media and blogs are being open to everyone so the publisher can publish their analysis, and it's your job to justify those content. You may not make a decision about your investment by seeing that news but you can use those news impact to do speculation. I think you understand what I am talking about. I won't mind about some short-term gain.
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I'm sure there are many of you participating in staking coins I have a question for you guys, I have this friend who built doge coin mining farm to get some coins and stake them the question is how good is staking? How much are you making in staking every month? I'm not seeing people talking about their staking rewards but miners are..
First, you have to decide about your investing strategy. For example, if you want to invest in eth for the short term then staking could be a bit risky. Because price could fall you never know about that before it happens. But if you are planning to invest in a coin for the long term like 1 or 2 years then staking could be a good way to earn some passive income. Because in this scenario price doesn't matter at all. You could sell your staking rewards or you can add them to your portfolio. Just do not chase APR with the different projects it could be risky. More APR means more coins in circulation. |
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If you mean 100% mass adoption by referring to that scenario where everyone would have a percent of BTC then it is not even near 10%. Do you know how many people in the world don't use the internet ever? According to the world Nations its 37% of the total world population. Over 86% of Americans haven't heard about cryptocurrencies at all according to a survey. More than 1 out of 3 crypto investors don't know enough about bitcoin. This data shows cryptocurrencies are still a baby in the present world. So first let us get awareness and education about crypto then we can think about crypto adoption.
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Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.
Money management is very important not only in trading but also in real life. I always save for funds for such an occupation where I may spend some money if needed. I like a person who participates in social activity because it keeps us positive and relief our stress. But overdoing anything is not good. Actually, it's common that the market will take a correction before Xmas. People plan to travel with their family or friends and to bear that expense they sell their share. |
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how do you define an influencer? Many will say those who influence the market is a influencer. But the thing is some times market doesn't work that way. The Crypto market is controlled by some elite class people and I think Elon wants to be one of them. Elon failed to pump doge as he wants to but his rival siba inu pumped unexpectedly. That shows he is not the game-changer of the crypto he is just a social media influencer.
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