There are many reasons why people prefer stock investing to cryptocurrency investing, one of which is because cryptocurrency investing carries a higher risk than stock investing, because cryptocurrency price movements are triggered by various information circulating while stock investing is relatively stable and the price also increases gradually.
- Stocks do not have the culture and nature of gold, so the increase over time also depends on many factors and it is not as stable as you say but the usefulness of the information is what helps people to enjoy and respect this market more because firmly grasp the nature of the economy and culture of major corporations are sourced victory for stocks. Crypto may be richer in the amount of information but most of it will be rumors and lies, the reliability of the information is relatively reduced and only increased suspicion, many investors therefore have to choose both crypto and stock |
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Yudhisthir has a good point here... First of all, NFT really brought something new for all of us! Like always, there're people who try to exploit everything well, and like any other hype, NFT hype had many scams and frauds! But in the end, good things will last, and I think NFT is here to stay! Not just that, it will grow a lot more as it gets more popular, and we are going to that digital future, so everything crypto-related will get more popular in the future for sure!
On a serious note, NFT noise is starting to die off and I think their season of popularity and hype is gone, in cryptocurrency space, a new thing makes the odd things fade away, and as such, new projected coins are finding ways to implement new features into their ecosystem, NFT is trending and most of the projects are into it. - NFT's life signal is being affected quite a lot and is constantly interrupted because this NFT market is having very weird ideas and not enough quality to fill people's wallets full of greed, ideas that can help NFT keep alive are probably projects in the next month with Binance as the main distributor, optimistic scenario will bring hotter outcome for NFT market. On the contrary, the implementation is not good and cannot satisfy those hungry stomachs, NFT will probably write the last chapter of its life soon |
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I feel too often we ask ourselves if an idea is a good idea, doing something is a good idea. Why not ask ourselves more often whether refraining from doing something is a bad idea?
To not invest a single penny in crypto is a bad idea in my opinion. Could it go wrong? Of course it could go wrong but to not do it at all and missing out on an opportunity might hurt more than losing a bearable amount and being able to say you at least gave it a try. If you invest wisely you won't lose it all anyway even in a worst case scenario.
- Agree, the idea of not investing puts us on the dark side of things and believes that crypto is not a place of hope and opportunity while if we invest, a bright side of the problem will suddenly be created, more precisely, the light side and the dark side are appearing side by side, cannot guarantee the comprehensiveness of any one side but this is no longer a bad idea in the original calculation. The auspicious light has appeared and we are the key and the owner of this light as long as we know how to arrange things in crypto |
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Fiat money vs bitcoin as ceyptocurrency has both advantage. When it comes to convenient way of sending transactions, no hassle or np third party involved then bitcoin as payment is good to use. But then not all have an internet connection, thus fiat money is an advantage as you wont be in need of any mobile phone and net.
Also, since cryptocurrency is an alternative payment method today, it can also be used as a store of value which can be use as a long term investment.
- Your definition of convenience surprised me quite a bit because bitcoin doesn't seem too convenient for transactions when transactional contracts are confidential and hard to undo, most of the time we will spend counting the confirmations in the transaction while traditional currency can be converted at a bank and quickly transferred to the required location, confirmation is extremely fast and easy. The most radical advantage is still the process of storing value, bitcoin and crypto have the special ability to increase passive assets |
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You can't expect people to stop complaining just yet. Hundreds of thousands of lives are lost, companies and small-businesses are closed off and went down the drain because of the cripping detriments the virus had brought in its wake. The least you can do is to have empathy for those who have lost everything but are still trying their best to carry on with their lives with no hope for tomorrow because they literally lost everything.
- Someone who's good at controlling their emotions doesn't show a disinterested and calm expression and not try to complain about their life and work, how not to complain when our lives have been turned upside down, daily breaking news always focuses only on the number of people infected and tragic deaths, even companies with thousands of jobs go bankrupt. One day complaining about the pandemic will end but for now, silence and understanding for this frustration is the best way to share the loss and pain of others. |
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I don't think he'll do it. First, the SEC will not allow, let's remember Mark Zuckerberg and Pavel Durov. Secondly, he will ruin his image. If the token is without technology, it will be a long-term failure.
- Well, for someone where every comment can become a trend like Elon Musk, actions such as starting a company or creating a product will receive the full review of organizations and government approval, passing such a chain of rules is probably not easy, and even if passed, success requires the participation of the crypto community but he ruined everything. First, the legitimacy prevented this participation, the next, perhaps an attempt to try to set the trend in an extravagant way, but this random thing wiped out the investors in the market, people are really hating his absurd disturbances |
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If anyone do not have the upfront money to do trading, then he can start with the airdrops and bounty. However, investing in ICO is still not recommended by me because there is a greater chance of losing money in ICOs and also in the modern day IDOs.
If you have some money, you can directly start earning from trading but after getting the complete knowledge of trading.
Are airdrops still relevant in 2021? While I know some that are off legit coins, there are the rest that might not even be tradeable by the time they are "ready". - Quality answers probably won't be found to this question because airdrop belongs to crypto, each season will be a special project, sometimes they will be very potential and give airdrop participants a big reward but sometimes they are just trash of this service industry, above all, we also need to be concerned about the network issue and their costs, fees are quite expensive in 2021 with the perception of many people. Buying and selling is still a familiar way for everyone, given the economic conditions we should still follow this direction, it has never been recognized as outdated. |
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In some way they really can, since they can buy off large portions of the supply and keep it, effectively making them the whales of the bitcoin market. This could be averted however if more and more small-time investors like us are to invest even just a little bit into bitcoin. We can level the playing field by numbers advantage, and if they are to take over the market, we can simply dump the coin and make it worthless so they can leave it alone.
- They can buy part of the supply but other billionaires or millionaires starting from crypto can also raise the price and sell part of the supply to influence the strategy of outside billionaires, suddenly two forces collide and create an important balance in the market, some individuals want to circumvent these problems, sometimes they will pay the price with their total wealth. Bitcoin is a public playground and each force has small takeover phases with the market, but very quickly, the initiative will be rotated continuously. |
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Hey all,
We all see that the BTC price is sideway from 50k to 58k for few months now and it seem can't break up the 60k barrier. My portfolio is about 90% in BTC and I feel very depressed to see other altcoins prices are increasing very high in the last few months while the BTC price is stuck at the 5xk ranges. It is said that now most traders and retail investors are only interested in buying/trading altcoins, especially meme, animal coins because they can make much more profits comparing to buying BTC. Some of my friends have x10, x20 their portfolio just 3 months after entered the crypto market. I joined the crypto market since 2016 but can't make as much money as they do for just few months.
They tell me to swap my BTC to other altcoins and hold them for much better profits. I'm still struggling to make my decision to sell my BTC for altcoins (I prefer ETH, ADA, SOL, ETC).
Do you think I should do that?
Thanks.
You will not make a profit if you swap your Bitcoin to Altcoins at this time because some Altcoins are already at quite a high price I highly recommend that you keep holding of the Bitcoin you have do not be jealous of your friends, because you will be more profitable than them #keep hold, staying poor - Agree, I also have a lot of ambition on the strategy of using bitcoin to buy altcoins in the past but this strategy quite a lot of failures in terms of profit when Bitcoin is a major factor goes up, altcoins can't change fate too much as it always becomes the ground for bitcoin to step on, altcoin and bitcoin currency pairs always fall every time bitcoin breaks, it's always under my watch. Want to participate in altcoins, the value of bitcoin needs to be as high as possible and an intermediary step back to stablecoin, that will limit the loss of value in altcoins |
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Yes, the price of Doge Coin has really gone down, but this does not mean that it will not grow again. The most amazing thing is that now anything can happen, the prices of cryptocurrencies can go up madly, then plummet and go up again. Many crypto people will say different words, both good and bad, about cryptocurrencies and BTC, but it all comes down to one thing now everyone wants to make money on cryptocurrencies and many succeed, especially those who know how to wait and believe in the best. If you have the opportunity, then try to hold both Doge Coin and BTC, since at any moment the prices for these coins can fly into space, but also remember the risks, as prices cannot rise without them falling. - The scenario where dogecoin can rise again is possible but the problem is that you will spend a lot of time on this opportunity because you should know that the trend of the market is starting to not favor hype coins too much, besides, Elon Musk is causing trouble in the community, dogecoin is a favor of him, it's not a coincidence its price dropped so sharply, this is a sign of hatred. Holding on to get a decent recovery is also a useful strategy but think about the profits, too time consuming and will be risky |
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Bitcoin is not harming the environment at all, what an audacity they have to say such thing like that when they know that the biggest pollutants here on earth are us, humans. Before Bitcoin mining, there are literal mining that has been and still going on which literally damage the earth just to dig up minerals and precious stones, so I don't know why they are so bitter in Bitcoin mining.
I think Tesla is just manipulating the market, and for sure they bought a lot of Bitcoin on the dip and they will announce again that they changed their mind and will still accept Bitcoin as a payment on their cars, what a strategy.
Tesla has clear intention to manipulate the market but unfortunately Musk failed his announcement of eliminating bitcoins on their payment option didn't succeed, Many big whales didn't support his announcement thats why we see bitcoin slowly recovering up. Maybe its time not to listen with elon since its so clear that he only care about his profits and not the adoption of bitcoins also its technology. - I feel that Elon Musk has no failure here as his company seems to have liquidated most of the bitcoin at a relatively nice price, the price of bitcoin going into the state as it is right now is also his contribution, maybe many people say not in favor of Elon Musk but inside, they're probably having fun with this accumulative opportunity. Getting rid of bitcoin is probably a long calculated plan, only naive people like us believe in Tesla's backing while bitcoin is illegal |
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So i decided to take a 5000 dollar loan out at celsius wallet instead of 15000, it just works better for me 15000 was being a little too ambitious i think now in hindsight i am comfortable with 5000 instead. Yes its for 1 year at 1 percent so the interest will be very mininmal at 50 dollars for the entire year which works out to about 4, 70 a month and thats fine by me. Celsius has a clause were you dont have to wait until your contract is up to pay the principal back you can pay it earlier if you want to. Should things go south drastically i do have emergency back up funds to bail me out so thats pretty good too. All in all i feel pretty good about this transaction but now what left for me to decide is where to invest this 5000. i have a few coins i am thinking about and i decided against going all in on bitcoin. the coins iam looking at are ethereum, ada, and chainlink. i thought about going all in on ethereum to regain the full ethereum coin i had but sold earlier this year or spliting it up amongst the three, what do you guys think i should do thanks
In general, I am fundamentally opposed to the use of loans and credits, but if in this case there is a loan at one percent per year, then these are good conditions. Moreover, you are not going to invest these funds in bitcoin, which has already increased in price too much and is now really a risky investment. Now is still a good time to buy ethereum. I would invest all my money in this coin. The ethereum network is successfully renewing, in July and October there will be more update stages and after that this coin should still rise in price well. However, of course, there is always a risk, since the cryptocurrency market is very unpredictable in its price movements. - The capital of ethereum has also increased a lot this season, maybe new plans will officially launch in the next two months but today a reversal sign has been shown, bitcoin and ethereum have gone down rapidly, in case we have borrowed money from the previous time, we will be under a lot of pressure today. The feature of lending services helps us to increase profits more but capitalization is not in the control, a few small losses will still exhaust us to repay the debt, not sure if everything will be fine then it's best to play with what we have |
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This could benefit those who keep gambling, particularly now, when, as you said, most gamblers are spending 24/7 in their homes gambling due to the pandemic, making them more vulnerable to gambling addiction. It's a serious problem that most of us can't even regulate or discipline ourselves when it comes to gambling because we have the mentality of making a quick buck. May I consider defi trading to be a form of gambling as well? If that's the case, money drive us insane. It keeps me investing in coins that have no guarantee of going x2. So be cautious about something that involves money because it will make us greedy for profit, particularly now that the pandemic has hit and we don't have any good sources of income; many people have lost their jobs, and they are thinking of gambling to benefit rather than saving.
I can't agree more. I mean the boredom that we are all experiencing right now because there are still places that people can't go outside because of the virus, and not doing anything that could entertain us is making us crazy, therefore people are enjoying playing gambling or anything that keeps them busy as their pastime. However, the outcome of such habit like playing online gambling when the time you woke up until you fall asleep is alarming and not productive anymore. It's not bad to keep ourselves entertain but I think having a limit is good to keep us from addiction. - Boring days with the pandemic can increase the pressure on us to break ourselves, what I mean here is that our time in gambling will increase at an alarming rate, a few sleepless nights gambling is probably not uncommon this season, people are too idle with money and internet. It's probably fine to stop here, it's just about addiction and will subside once the pandemic is over but the point is still money and online casinos, casinos are boosting profits during the Covid season, their cemetery expansion productivity will soar, many people are losing |
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If there is a difference between the two investing money works different ways of investing making money over time. The horizon is short lived while maintaining security for business purposes when money is invested in a project the horizon is relatively long when it comes to holding assets in trading the trader has to analyze the securities and the future trends by analyzing the technology. In contrast to the analysis by the data obtained through trading activities the investor in the investment has to do a fundamental analysis to analyze the project plan or product to estimate its intrinsic value.
- Yes, the difference is very clear in terms of time, investment always directs users to an increase in price based on the potential and plan of the project while trading is an enhancement of the method of movement, the user needs to create the most suitable instincts and qualities to increase the profit range and remove the weaknesses and traps of the market. A trader's skill is the point at which to exploit profits but for investors, exploiting profit to them is a simplification of the skill side. |
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What can i say is "almost everyone is greedy". When you have made a target, for example "X2-X5 is enough". But when GOAL was reached they were still greedy and didn't immediately sell their coins. When the price of their coins fall and they started regretting their decision.
- The fact now is a concrete example, too many altcoins achieve the highest milestones in their career paths, investors also maintain a large profit through holding but in the end, they are always late in taking profits, their psychology lacks consistency with their goals due to the daily predictions that are raising the frequency of their greed. And the profit will disappear like bubbles, it is broken when flying high, this market has warned too much and given everyone time to profit but too many people still don't know enough and satisfaction |
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Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.
Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.
What's your view on this?
Right! Human greed is bottomless, especially money. We all want to be rich and have a lot of money. That is also the biggest purpose that we invest in Bitcoin. Bitcoin can make people more greedy. If anyone succeeds in investing in Bitcoin, he will quickly become a billionaire. If it were you, would you like it? Only when having money will make your life comfortable, want to buy whatever you like without having to save money. - Because the excitement is so great, so many people sell their homes and quit their jobs for bitcoin, their ambition is to become a billionaire as the stories have been recorded in the past but they forget that the element of luck is still relatively large in the past. That means that luck has now begun to show signs of decline, an opportunity cannot come to everyone, everyone needs talent to succeed, the world is greedy due to bitcoin but covered with greed are failures and profound lessons for greed |
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Etherem is an old altcoin that is very strong in the cryptocurrency world, the proof is that etherem still dominates the BSC with a very dominant price difference, and recently ETH has increased when some people leave it, indeed BSC is very popular today because of its fee fees. Very low and steadily increasing, but I think ETH is better than BSC.
Before the BSC in the crypto space, ETH was already the best and led all the other Altcoins in the crypto space, so if everyone at this point compares ETH to BSC on all sides, then it is clear that ETH will win in this space. It is correct in my opinion that comparing these things will not be comparable to what has been achieved by ethereum, especially if ethereum 2.0 is launched maybe it will make the price go up, and for me personally it is clear that ethereum is better than the BSC - The number of days countdown for ethereum's update is coming very close, we can count each day and look at its value, ethereum had its celebration and pride too quickly ahead of its time of success and when all goes well as expected, ETH will avoid getting out of the hand of BSC, BSC will not be able to continue competing. But this is a football game, some situations that can turn the whole game upside down can happen at the last minute, so I need a complete confirmation of this victory |
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People who don't want to be involved in too high a risk, of course, prefer stock investing as the first choice and for people who want to get rich quick and are ready to accept all risks, of course cryptocurrency investment is the main choice, but for me, stock investing is the main choice over crypto investing, because the legality is clear even though it is more stable
- Agree that stocks have a high degree of legality in countries but the stock market also has very high risk games, they are a game system with a global reach, the number of people is not small, so if we evaluate the risk, I feel the stock market is probably a lot more complicated, too many components could increase our loss. The crypto market is still relatively little known, almost all of us just need a relative knowledge of this market, narrowing down the scope of options and achieving profits is too much, the risk switch only turns on when we put more ambition |
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holding bitcoin in the long term is one of the best ways to earn income when compared to the DeFi project, bitcoin has long been born and has been known by everyone even recently many institutional investors have started to look at bitcoin because they really believe that bitcoin is good to use as an investment.
- Best way, but most people can't rely on this direction for too long as bitcoin often has terrifyingly quiet spaces and when it falls into this state, investors also feel very uncomfortable, this silence created an impatience and, looking at other opportunities, they realized that bitcoin was not the only chance, Defi was such a case, a bright spot could be profitable. Momentary letting go becomes an opportunity for others to accumulate, and as the price of bitcoin flies, remorse rises in emotion, sometimes holding is an act that requires a lot of rigidity. |
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I am inclined to think that Tesla will ignore this Crypto.
Tesla will not ignore this coin. Bitcoin already accepted as a payment system to buy tesla motor after elon already accepted it. The same scenario could happen when the doge coin can also be accepted by elon to be used as a payment system to buy tesla. nothing is impossible and just take a look at the history. - A crypto such as bitcoin has appeared in Tesla's payment system and it is not surprising that they will add other options, especially doge which is relatively attractive and has Elon Musk's association, one vote for doge to join Tesla's system is relatively simple but the final decision will be difficult. Because bitcoin can help raise annual interest rates for Tesla while doge is probably too dubious in terms of profitability, most of the time it's just Elon Musk's influence, community stability is still too much and not suitable for everyone. |
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