I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Letting your money sleep without gaining anything won't be a healthy way for you to earn better. I think it is best that while you are saving, you are still gaining savings from it as wellm investing it would also be advisable though it would be quite risky sonce it would also take a lot of time. |
|
|
|
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Day trading would be needing a lot of knowledge and skills. There are things that you have to learn upon entering it because it would be so risky if you'll just do it without enough wisdom. However, holding is easier but I would prefer both because both are profitable. |
|
|
|
Is it good to leave my job to dedicate myself to full-time cryptocurrency?
It depends on your current job. If it sustains all your needs and wants in life and if it provides you all the benefits that you need, then leaving it won't be advisable. But if your salary is not enough fo you to have a sustainable life, you better just have crypto while having it. Having a stable job is still important. |
|
|
|
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
Taking risks also shows that we are willing to face the challenge and earn better profit. If we are really willing to earn or gain something, we must also be willing to take all the risk and we should set aside the fears of facing difficulty or having losses. If we want something, we must be willing and be strong enough to handle the consequences. |
|
|
|
|
I thought ico will end on may 31. Any reasons why it was moved until august 31?
|
|
|
|
I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
I believe yes. There are lucky millionaires because of holding bitcoin for a long time so I believe that despite of bitcoin's votality, there is still a big possibility that it could repeat it's history to reach the best value again. What we need to be is to be patient and have the willingness to hodl. |
|
|
|
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
It depends upon the project or the product that they are selling or endorsing. To put up an online business involving bitcoin as a mode of payment, I believe that it would be needing a lot of knowledge and skills. Business through digital money would work well if we know how to manage. |
|
|
|
Hi,
there are so many cryptos and I find it hard to identify the ones where I should have a closer look.
Obviously one can find cryptos e.g. by listening to shilling on Reddit. But I'm looking for more professional sources like YouTube channels, free/ paid Telegram/Discord groups and so on. What do you use?
There are lots of good cryptocurrencies which would be providing us good profit in the future. You must be wise as you choose the best coin to invest. Try doing series of research upon investing for you to know the altcoins well. Know their future plans and projects and monitor their ICO. |
|
|
|
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
I think as a beginner, it is still better to start with not so big amount. What we need to have is the learning from our experience and small amount would help us learn more about trading. I believe that gaining knowledge at first is what we need to do rather that gaining much profit. |
|
|
|
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
It depends upon your strategy here in crypto. I started with a very low amount of money for investment here and the rest is my reward from the opportunities I joined here. Through airdrops and bounty campaigns, I was able to recieve good tokens which I used for investment. |
|
|
|
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?
Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?
Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
I believe yes. Based on my experience, I was able to earn better and save more through trading. If you know how to play the tricks of trading , you would be able to adopt it's changes and it wouldn't be hard for you to gain good profit through it. As long as you have the skills and guts. |
|
|
|
Hello guys, I just want to know which do you prefer most Airdrops or Bounty. In bounties you have to complete given tasks with some formalities otherwise no reward will be given. But in Airdrops there are less rules and tasks to follow. So why should I play Bounty ? Thank You.  Airdrops nowadays are not paying based on my experience. I have joined a lot of airdrops and I gained nothing though their ICOs are over. I think bounty programs are better than airdrops when it comes to earning because they provide potential tokens and fair rewards for paticipants. |
|
|
|
Bitcoin is growing fast and everyday a lot of people takes interest in this. I too started the other day and I am very willing to invest my time here. With that said, with the drastic growth of bitcoin worldwide, how do you see the bitcoin economy 10 years from now? Thank you as always.
I think our economy would be better with bitcoin ten years from now because I believe that in that year, our country would have bitcoin as a currency. We all know that bitcoin has a big impact in our economy and I am so excited for the future of bitcoin as a currency with us. |
|
|
|
The question itself is the answer “PANIC”. Everyone knows cryptocurrency market is highly volatile and risky. And most of the people do emotional trading. They sell when it is crashing. And suffer from the loss. They panic and sell in the loss. What is the point in selling at low? One must wait for the market to turn green and bullish. The way to stop the panic is to not engage in panic-inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead  If you are in need of urgent money than selling is OKAY but for profit, HODL is the best. Try to avoid panicking because it won't help you make wise decisions in trading. Always trust in your instict and to be more sure of it, always choose to invest and hold the best tokens. Try reading the platform of the tokens that you are holding upon joining so that you'll have an idea about it. |
|
|
|
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
People agree to pay taxes just to get rid of toxic and conflict. I think some people are against it but since it is part of the law, people just agree to pay for it. It is actually a burden for most of us because it could be a good amount to sustain our living but since it is our duty, it is really hard for us to complain about it. |
|
|
|
|
Banks would most likely adapt cryptocurrency since most people are investing in crypto rather than saving their money in banks. If banks will not do this they will just become extinct and maybe just become a part of the history. They should realize that using cryptocurrency can bring convenience and profit at the same time.
|
|
|
|
Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
I feel bad that you have lost a lot of money when you invested. Based on what you have said, it seemed that you invested in bitcoin out of FOMO. Next time, make sure that you are aware of what is happening in crypto. Crypto is not a magic that will make you rich just because a lot of people made it. It is not an easy way to earn, it requires a lot of emotional torture since the market will go up and down any time. |
|
|
|
|
There's no fast way of getting rich in crypto. Patience is needed, although crypto is really profitable, it takes time because it also takes time to develop a project to gather more investors and partners which would also make the price grow.
|
|
|
|
We have been waiting since 18th of March for the price to reach over $500 again: Ethereum price. The price is now slowly moving to this point. Will the price reach $500 soon or will we facing a dip again? Actually it already surpassed $500, and no one knows if it will go down to $500 again. Anything can happen in crypto, with just a little issue on ethereum platform will make it's price dip a little. News about crypto affects it's price and demand, so it all depends what will happen this year. |
|
|
|
It seems as though there is a predominant attitude about people trying to do business that most people are scammers. We have run into this time and time again, accusing us of running "dirty" money or stolen goods.
We put ads or offers in various places saying "vetted buyer" and "respected escrow" and still get negative comments from people that don't even want to do business. They would just rather demean and abase and not add any positive thoughts.
I will say that we have had pretty good success in spite of the naysayers. Doing business in this way is new to most people and seems foreign. But we have plodded through and have achieved a success that has proved that not all are wrong.
There are people all over that are looking for honest services, and we have carved a niche for that entity. We know that there are scammers out there, but we are working to elevate us to a position of reknown.
Not all offers are scams!
You can't blame people for that. Of course investment requires money, and people must be cautious since there's a lot of scam that is going on around us. A lot of people also want instant money, that is why a lot of people scam other people and a lot of people get scammed. |
|
|
|
|
Show Posts
