some things are within our control and some are not. since it is a decentralized market, anyone can create a coin, couple with the fact that there are some videos online that aid you on that. are there is always room for people to be innovators. but it is within our control to look at these project before investing. look at the partnership with other growing project, utility ,online community. it is so unfortunate that people are misusing great opportunities. but i believe the power we have over scammers is our level of research and analytic findings on new project.
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one should be on the look out of coin that are upgrading their project. though we cant predict coin that will rise to the level of bitcoin but we can be on the outlook for coin that are investing and partnering with other investment. these coins are; ethereum that is upgrading its projects, layer 2 project like polygon, some layer 1 network that went back to the drawing board like solana and cosmos and some decentralize networks in real live uses like audius
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ryoshi is the creator of shiba inu. though the largest share holder of shiba inu coin is the ethereum co founder vitalik buterin who receive a total of 50% of SHIB in circulation. elon musk doesn't own a shiba coin, despite he naming his pet shiba inu. although there was some drop in shiba inu after musk reply a tweet that he owns none of the coin. musk believes that bitcoin, ethereum and doge coin will continue to exist in the cryptocurrency space.
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there are things that can affect the crypto space just like any investment. since cryptocurrency is becoming accepted exchange value for some commodities, definitely those who promote these coin, can affect its value. celebrities like elon musk, snoop dogg and gene simmons can affect the market with the kind of investment they make. when the coin they push now become an exchange value in the investment they make. if doge probably become an exchange value in the twitter space, it can increase it even more than what we are witnessing now. the value of these investment they make matters.
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coins that has withstand some major fall and are still at the top are bitcoin, ethereum and BNB. these are the most trusted currencies so far. there are time when the market was bear, but these project survived and holds much value compare to the other coins. they are reliable for investment especially for newbie. but one can also make research and findings
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invest in a coin with a good reputation and history. bitcoin is one of the major coin that has withstand the test of time. you want to consider some shitcoin but on a smaller scale. ones that their project seem promising.in but also make findings and research to know where to invest in.
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change is the only thing that is constant; and with change comes opportunity. both the bearish and bullish market are periods in the crypto market and non is constant. the ability to read charts, know the trend of the market before investing. the flow allows us to invest. the bear market, a time to buy coin and a bull market a time to sell. there is no constant market, there is always a rise and a fall. its just only shit coin that keeps falling. so do your research and know the coin to invest in.
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wasn't a pleasant experience. some friends sharing their experiences with me, i felt i should not invest in crypto. experiencing some bearish market myself, raises some level of doubt. but for the fact that the bitcoin market survive it, gave some level of hope. hope of investing in the future. i believe this is the falling and rising of any investment. it has its deep moment that will define if it will withstand the test of time. seeing the value of some coin drop to nothing is scaring. but their rising is hopeful.
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trading is always profitable when we buy for a low price and sell when it is high in demand or in value. its advisable to buy in bear market. but is also good to know and make research about the coin and its project. because some project will fail in time. whereby causing loses. likewise one can buy during the bull market. if you can afford it and allow the invest to grow. though there might not the much interest. but if the value drops, it becomes a loss.
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both yield farming or staking are important and one can use any. but it is about knowing what both entails and the one that suits you. yf or yield farming and staking both share similarities but yf is more recent. it is an investor storing their assets in a liquidity pool to earn passive income. the liquidity pool are like the centralize finance, where you deposit your assets then the bank use it to loan others. then the interest is shared between the bank and you. the yield farmers get their interest in form of apy. while staking is like is like putting up collaterals as proof of parts stake in the crypto world. one has to consider what is at stake before staking.
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to me, i feel we should be looking for better ways to educate ourselves on safety measures against scammers. they are on the rise, so also are alot of investors. make research about a coin before investing, making use of hardware wallet. also posting useful posts to educate one another, sharing experiences that will help 0thers not to fall prey.
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peoples experiences educate us, so we need to be charitable to their experiences. you have learned a valuable lesson, nobody just sent random coin to your wallet, also make research about the token to know about the token, since you didn't sign up for a bounty or worked for it. he should not use that wallet again because the address has been gotten by the scammer.
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each field has its own terminology and vocabulary. most importantly, we want to communicate. even if its not that a formal setting like a university, i believe its still important to go through what one wants to post. for better understanding. so using of bitcoin and crytocurrency vocabulary are important. grammatical constructions are also cool, try to reread before posting for better understanding. there are some apps that can help correct grammatical construct.
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merit are like a reward given to a member upon the usefulness and quality of posts. merits are given by other members from their smerits. the number and quality of post are also important, because these will help the promotion of member in level or rank of membership. ones rank also will determine if one can partake in a campaign. its important we post educative and quality posts. for we are gaining and also giving out knowledge especially to newbies. merits could also be seen as encouragement for active participation. the most important thing is to help and educate others.
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trust is a costly commodity in the world of business and investment. what should accompany trust is verification, constancy and research. the p2p exchange has help to cob some fraudulent act to some extent. because you decide the method you want to use but there is risk in it. so you verify. know your forms of exchange, be it the centralized exchange or decentralized exchange(CEX,DEX). most are of the opinion that the dex is preferable against those that have allow greed to break trust.
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on of the main reasons this forum was created i believe is to educated through important discussions. though employing the reward system is to encourage active participation, increase awareness and educate people on the investment they are going into. it is unfortunate that we cant control the motive of others but we can check mate some excesses by our positive and educative post. especially for those who are here to learn. we keep making our research to educate them. what is within our control we should do, which is to research and educate ourselves. i am learning a lot from the post of others in this forum.
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a good topic stem from a place of wanting to know more and make findings for discussion that educate. then a post should come from a place from research. findings that are relevant for the discussion or topic. the quality of the post should educate and address the question the topic aims to solve. in the world of investment, research that informs are important.
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knowledge is more important, making research on investment is important. educating one another is also important. anyone can learn from anybody. the experience of the senior colleagues can educate the newbie, and the research of the newbie can inform senior colleagues on new development. in the community we can all learn from each other. i started learning from someone that has been in the system, it has paid a lot.
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the purpose of every business or investment is to maximize profit. at what level do we draw the line and know that we have made the desired profit?. do we set a target for ourselves?. most of these new coin might not stand the test of time,so why not take the little profit and make other investment. but we learn everyday. greed comes from a place of not being contented and the regret that we would have made more. so we ask ourselves how much are we investing and how much we hope to make. what's the selling and buying price. these are vital questions to ask ourselves
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every investment is risk but a calculated risk is important. its like a game where you fail and try again. but dont forget that games have instructions. endeavor to read the instructions carefully. invest with what you know that wont cause you that much. know that life is a two way street. sometimes you take the risk but the reward might come later or might not be as high as the risk. it is a longterm investment. invest wisely
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