everyone must be waiting for a hold whether long or short but what is clear is that they are here to find wealth with their bitcoin, and there is no reason to spend it except time and something urgent. even I myself will always collect it, whether it's bitcoin or altcoins
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Digital money is increasingly being accepted as an alternative currency. The most popular at this time is Bitcoin Yes of course many people who already know how to make profits in crypto need various ways to get quick glory, during the bear market a lot of people have ripped off profits, They also joined a lot of new projects supported by platforms that good for cryptocurrency users while waiting for the bull run to happen.
In this modern times being smart is the best to generate wealth. People no longer get to physical struggle to make money because the internet has so much of opportunity like blogging, web creation, trading of cryptocreency, script writing. Hodling cryptocurrency also is a big business that much people have made wealth from too. Bitcoin hodling have benefited early hodlers and altcoins too have valuable coins like Ethereum, cardono and many others like dogecoin that has made people rich. everyone can become rich with their intelligence to find opportunities with their respective strategies in this digital era world, but we also can't close their eyes to those who fall into poverty because they are too greedy to get rich overnight, so those who can master their mentality have more opportunities. for rich
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long term investment in altcoins will make us rich if we can choose the right altcoin and vice versa we will lose our money by keeping it longer because of choosing the wrong altcoin in principle every holder depends on luck in holding even memecoin can bring luck like shiba which achieved 60% increase in the last week and reached top 10 in CMC
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Just started to learn about DeFi, and a question arose.
Fiats have a loan mechanism. Manufacturers use it to improve their production.
Is there something similar in crypto? How does it work then? And are such services in demand? Do manufacturers take loans in crypto?
Isn't that killing DeFi idea? Is there a future for loan mechanism in crypto?
Thanks everyone in advance for the answers.
Loans in the world of cryptocurrencies will most likely work in a way similar to the way they worked for a long time, basically you will need a collateral to get a loan, this means that many people will not be able to obtain loans, but is it not that the case already with the traditional economy? And while some may think it is unfair it is not, a great deal of the loans today are given for consumption and not for anything productive by itself, and it is one of the reasons why the economies of the world are in such a huge trouble, so a return to a more simple system will be welcomed by me at least. in the traditional banking system there are some loans that are unsecured, such as credit cards, where we are fully responsible for our good name to a particular bank, and this does not require collateral. while in crypto we see in several exchanges that bring up images of master cards Yeah I know but I was talking about the past, credit right now is easy, everything can be bought on credit, after all if you can cover the price of what you want to buy with a credit card then you are making a purchase using credit, however in the past this was not the case, you could not get a loan except for productive endeavors, and I think it is time we go back to that as it is obvious that people cannot manage their credit well and banks are taking advantage of them with all of those unsecured loans. ,actually between bank loans and cryoto have similarities. However, crypto transactions do not require trust. Digital tools and breakthroughs such as smart contracts make them paperless, no need for complicated authorizations and repeated checks when transacting with crypto, just like making loans. Therefore, crypto loans can be processed in seconds to minutes, you can also choose loans with DeFi or CeFi schemes.
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I think this is something that is natural, when bitcoin prices go down most altcoin prices (eg BNB and ETH) will also go down. according to my observations the average altcoin price is indeed synchronized with the bitcoin price, this applies when the price is rising or the price is falling. when prices are down the percentage of price declines on altcoins is usually higher and vice versa when prices are recovering the price increases on altcoins are usually higher, this is according to my observations.
Well because bitcoin like mother of cryptocurrency in this crypto world mostly other coins will follow bitcoin trend, only some coins have their own trend. But also remember regulation really important for every coin in this crypto space, but when an altcoin got good news only that coin go uptrend while the others not xD That is indeed the world of cryptocurrency and of course the influence of bitcoin on altcoins can be said to be very strong, but indeed not all altcoins only follow bitcoin, and we can see meme coins like shiba are currently on the rise and don't know when it will end actually all altcoins go with the flow of bitcoin prices this is a sure thing and all furum members already know and this is no longer something to be questioned, while meme coins like shiba sometimes don't follow price trends "This seems to be driven by idle buyers and hope to get it now."
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I think what the OP said is too pessimistic because it is not a reason for someone to switch from one to another in the crypto and blockchain world but every trader has their own way and picture in choosing which one they will buy because in essence they are looking for profit not a problem the price of one is defeated by the other
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Everyone has their own way of dealing with the price.... and we can't help but say that a commodity or a non-commodity is valuable or not because what affects it is the value and price.... and every media whether it's Bubble.com or Tuktuk.com all must provide news according to trends and prices and of course the highest will be the topic
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Maybe you can go for some promising projects lately. Because there are really good opportunities like Solana. Other than this kind of projects, you can prefer investing into one of the top altcoins like Ethereum. I'm saying it considering that you will make a long-term investment. These days are not going on very good for Ethereum. Because its price can't increase much while the market is on a big run. But I believe in it for a long term.
for old crypto players, maybe they can know how to find a loophole in the money from crypto proceeds. Unlike beginners, they will certainly go through a complicated process if they learn by self-taught. for long-term investment, I think use it by scalping, not always the price of coins is always friendly.. for beginners it is very difficult to determine the attitude in investing and trading, but I suggest it is better to try to join the bounty and collect the income by making coins that you think are accurate and promising such as ETH or BNB and try these funds as long/short-term investments and find lessons from that
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For now it is really hard to choose a coin to invest because even if btc is now back to bullish most of the altcoin is still red and it is really hard to find the coin that can bring us profit, for now I prefer on investing on Shiba Inu this coin is the coin that rises up to 80% while 30 top altcoin crashed against btc.
Of course we have to know our purpose of buying coins, if for the short term then I like to buy new coins that are still cheap, besides SHIB I bought GOMA Finance because they were able to reach the hardcap during the ICO and it was proven when I invested $75 now the value of the GOMA I bought is already reached $800 or up more than 10x. You are very lucky, my friend. I bought BTC right now. Let's see what kind of graph we will encounter. my feelings make me think this crypto is going to make a splash. it all depends on you to hold it even though the market is still at an inaccurate point, because I myself have made purchases at times that might not be right but I tried to survive in a period of 3 years everything was beyond prediction even though I was pessimistic with prices getting redder; so all the time is right just how can we hold it
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one of the coins that may be promising in the future is BNB, this we can see from a definite and clear long-term prospective on the exchange and this I have proven by collecting it and only profiting from the increase after a few years and months
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Being happy or being rich or "doing good" are not the same thing. Even a poor person who has zero knowledge about investing can be happy, while a rich person with billions of dollars in their vault can be unhappy.
It is a matter of choice really and there will be bubbles in every speculative assets. Bitcoin's price has been speculated on and has grown so much that common people with a average earning are thinking more than twice before buying it but not thinking twice before buying a stock of a well known company which is giving regular dividends.
If someone is happy with stocks, they should stay with stocks. Venturing into another sector takes time and investment from their side, which if they are not comfortable with, they should not.
Both are speculative markets and neither are better than the other- these type of questions end up always in an apples with oranges comparison which is wrong.
This is a lie from the very wealthy people, do not believe it. I rather be sad in a lambo than happy homeless. If you are rich you could be happier, you would have the means to get stuff that makes you happy, you would not have any worries about how to pay for your next meal, you would not worry about what to wear, you would not wear about what to buy and how to pay your bills, you would not worry about the rent neither, even if you are sad and need help at least you can afford to go to a psychologist to get help. Rich people have all the means to make themselves happy if they try, whereas poor people have tons of reasons to be sad. Money may not bring happiness, but not having money surely does. This is why there are maybe handful of sad rich people whereas there are maybe over a billion sad poor people in the world, it is clear that money DOES buy you happiness if you know what to buy. everyone has their own way and anyone who gets the benefits of what is invested will feel happy that's for sure. then,,.....! which is actually more profitable investing in crypto or vice versa this is a more relevant question from the op comparing the fun value of the two who are already successful with their wealth.is not a measure to be questioned
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If printing more money is inflation then why printing more gold is not?
If you have made out some very basic comparison about the two then i dont see for this question to be relevant or totally non sense at all because all of us do know that gold cant be printed out and this isnt fiat money that you could simply produce out via printer and viola, it would add up on the entire circulation and come to think on how hard to get gold itself which is a natural mineral that can be found on earth. It does have monetary value but doesnt mean that it would be automatically gets on its full properties which is totally shit if you do ask me. I totally agree with you.... maybe the OP doesn't understand the meaning of the two, as we know that in the mines, it's in the form of pure seeds, which will be shaped according to market demand and the prices that follow and this is not a manufacture or gold printing is like money whose price / nominal can be determined so that when you make more even with a very large nominal it will create inflation and this is clear
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World oil prices have moved up this year. From the beginning of the year until now, the world benchmark Brent oil price has risen 53%. The oil price even touched US$ 80/barrel, the highest in the last three years, on Tuesday's trading. For producing countries, the increase in oil prices provides benefits, but it will be difficult for oil importing countries, including in my own country and this is very different from gold even though there is an increase but it does not make it scarce in the market, while fuel oil when there is an increase is usually followed by a lack of supply in the market. market leading to scarcity
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Saya yakin bakal ada moment koin meme jadi 1$, mungkin tahun ini atau 2 tahun ke depan.
Harga $1 untuk koin meme apa koin Doge? Kalau koin meme, cakupannya luas, ada banyak sekali koin meme. Sedangkan untuk koin Doge, harganya masih jauh dari $1. Apalagi peningkatan harganya sudah gak seperti dulu, cenderung lambat kalau saya perhatikan. Jika kita lihat dari harganya yang hanya sekitar $0,29 saat ini, agak sulit mengharapkannya mencapai $1 di akhir tahun ini. Kecuali ada hype baru lagi pada koin Doge yang mendorong orang-orang untuk antusias membeli koin ini. pergerakan emang beda dengan yang kemaren ketika Elon membuat twit sehingga pergerakan begitu cepat membuat para pemegang menjualnya di beberapa momentum, ternyata doge di luar prediksi membuat sebel menjualnya begitu dini Dan untuk sekarang tidak ada lagi hypebaru pada coin ini sehingga cenderung harga di mungkinkan akan kembali jatuh pada harga sebenarnya setelah dump di bulan bulan sekarang
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at this time maybe meme coins without being promoted will experience an increase and allow investment profits but it is very risky for investors to stay silent in it we better see the quality and performance of the coin's performance to pump before diving
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Then we should wait, using the simple strategy will make our life easier, in fact, investing here should not be complicated and we will understand it better if we study hard enough and experience trading for a long time. The opportunity will come even though the market is moving like it's not going down anymore, have we see how it fall from $64 ko to $29k? I think that's an example that sometimes we will not see the movement coming.
Even the most simple strategy in the market which is to buy and hold your coins is not easy to implement at all, there are several reasons for this, the first is that it is extremely difficult for regular people to keep holding their coins when there is a very heavy correction as they begin immediately to imagine scenarios in which bitcoin goes to zero, the second reason is the assets you are holding, many like to invest in altcoins and those coins do not have fundamentals as strong as bitcoin which make their volatility even higher and this makes them harder to hold. however every trader has a possible path that is not the same as other assessments, because this happened to myself because when many friends judged too risky and I stayed with my observations and it turned out they were wrong.... so whatever it is we will find our own way even if it's just a meme coin
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like all members suggest... now is not the time to buy because of the price, especially bitcoin but if you are ready for the long term, then fine. but I hope you pay attention to market movements first so you can also get short term profits when the pump occurs return
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