I think staking is more promising big profits than bank interest, as we know that the bank interest is very small, even in my country the bank interest bank is no more than 10% per year, while with staking then we can choose what we want from tens of percent to thousands percent per year.
staking also must calculate impermanent loss that maybe occur while our coins price drop, make sure our crypto assets that being stakes for good project which is alredy survive for many years in market. alot staking coins that provide high APY, but its new project which is not proven yet as good currency which is could survive for long time. alot traders now speculating their money for high APY project for short term goal. |
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The most priority is the stability of money in and out. Investment is what we no longer use for now. This means that we have set aside which ones are emergency needs and which ones are needed to pay daily bills. Talking about inflation, we cannot avoid it, when a country's economy is in chaos and consumption materials are getting more expensive, then we must have more money. Some people who keep money in the bank or deposited at home, it may be very pronounced. Because to spend their currency value will be much higher. In my opinion, if we save money that is not used for now, it will be more convenient for us to invest. Because this is to prevent inflation and can also provide benefits for us.
to solve high inflation in our money, having investment was good choice to save its value. our fiat money will have less value when every goods in daily needs rise alot and it happen today due many factors. keep in bank will not safe its value, use it to buy assets that constantly increase year by year will give alot benefits for us. good money management will allocate for saving, daily bill, urgent needs and investment. if we could allocate our fund for investment much bigger than other , our money could growth alot in several years later. |
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I live in Indonesia and the average salary of people here is $200 - $300/month. just imagine if you earn $70/week from a signature campaign (I use the rate on legendary member rewards in many BTC paid campaigns) then you can live comfortably here, especially if you have other side income, your income will increase 2x or 3x.
in growth country like Indonesia weekly income around $70 was good enough if we compare with alot worker like property sector which is required alot energy and good physic. maybe for some people only by sit and post comment in any board in this forum to earn weekly reward looks easy , meanwhile to get this earning it needs sacrifice and alot idea . For additional income working in this forum was good idea, with monthly salary around $200-$300 and income from signature campaign around $280 for high rank member we should have good saving that maybe used to invest in any finance market such as stock or cryptocurrency itself. |
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i am see to utility and ecosystem that will build by this project. with both of them demand will easily created and ofcourse price will follow its demand. more utility build in ecosystem ,more demand to this token .for example as transaction gas , its be obligation to validate transaction. absolutely it will use this token , another reason was ecosystem. with large ecosystem build although with different category or path, undirectly it will create demand too.
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I'm not sure if the price of Dogecoin can reach $1 because it's an impossible thing. and I believe that whoever tries to move the price of Dogecoin it will be in vain. Although Dogecoin has reached the price of $ 0.7 in the last year but for this year Dogecoin will not be able to pass the price of $ 0.5. believe me, because nowadays there are so many altcoins that have more potential than dogecoin.
Actually nothing is impossible with Dogecoin or the crypto space as long as there are many people who are willing to push Dogecoin up a lot, because if all investors want to buy Dogecoin in very large quantities, then the possibility of Dogecoin being at a price of $1 is very open and very likely to happen. , although it will never last as long as in last year's example when it was at $0.7 where it was short on Dogecoin. its depend on doge community it self, maybe if solid hold doge and consistent selling on 1$ only i am believe market will follow it. doge coin hold by its community itself so they have to understand they have power to controll market. moreover elon musk keep promoting doge in his tweet, and if twitter accept doge officially ,doge will climbing sharply again. |
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this year will be moment for project that allow us earning money by doing some activity. Play to earn and move to earn will growth alot this year since its be new opportunity to not only crypto community but also investors outside crypto community. GMT will be an example how its demand so high with their move to earn product. only by buying NFT and used it to walking we could earn money. maybe in real life or business we never find it.
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Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
Crypto it's easy to earn money but need to know about this.Anyone rich an short time?I prefer crypto it's best.I earned a good profit every month with crypto.Personally i love crypto because i earned much money.I really benefit from knowing about cryptocurrency.I completed my many dreams about crypto. When i don't know well about crypto then 1st time i lost some money.So have risk for new person.Crypto platform not beneficial everyone.It's beneficial for your when the know you best. cryptocurrency recognized as best place to make us rich only in short term and its proven to alot people now. many crypto community become hero for their family due crypto return that could hit 10x only in weeks or months. this thing we didnt found in any finance market, but to reach this step maybe we loss our money alot . mistake by mistake did , till finally we understand how the correct strategy to earn money. |
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that has always been my concern to always be careful in submitting personal data to any site. I've seen this fraud many times, I think it's because the KYC process is done automatically via bots, so even with photoshop they can make it work. Unless the process is done manually, or on a more trusted website in the world, like binance, or some other exchange they will definitely prevent that from happening. I believe in their exchange, will not abuse the data we use, because that's always research before doing KYC.
reputable exchanges will not abuse our personall data to another party. only hacking case that usually happen , users data downloaded and sell to someone else which is could be dangerous effect when our data abused. in deep web there are alot personaldata selling and even in telegram group its provided too. |
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Generally with airdrops you need to be really luck to get good ones. The last good one I remember is Uniswap airdrop. Airdrop are not something you should focus on in crypto. Only if some good option comes then it's okey.
uniswap be best airdrop last year , alot crypto community get this token which is worth of 800$ and even price still rise after massive selling from airdrop hunter. personally i am join on airdrop that have certain number of participants, and make sure we will get it. for example test net airdrop or retroactive. its result better than random airdrop that the winner randomly pick. |
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Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.
they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem. |
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it is very difficult to recommend the NFT sector, until now, I myself am still unsure about the NFT, what it is for, what is the use, and how in the future, because one day it will experience nothingness, I don't enjoy it, I tend to prefer a certain coin, and the underlay has been tested with the best concepts and neatly arranged, what makes NFT excited, I just relax, don't really care, but if people want to buy it represents the desire for their collection, it is more appropriate to say it is a collection hobby. NFT refers to the representation of shareholding in virtual assets, but this is not necessarily worth it as quality Coin ownership comes first. like the history of gold coins replaced by paper money.
NFT was digital assets in form picture and it have many utility if applied in many sector cryptocurrency. maybe for collection purpse with original main contract ormaybe used to play in game. NFT has alot potentail to developt ,we are in alpha phase now, eventhough goal only used NFT for collection was collectiin we have another function that could applied in market. |
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Investing some small amounts is still better than not investing at all. It's hard to become financially stable in times of inflation and it will be more harder if you have unstable sources of income like your only depending on cryptos to live.
No, I don't depend all my needs on crypto because I have other jobs that are also earning. Of course I'm asking not only about me but I'm also asking about you. So I don't expect all of you to suggest only what's best for me, but also what's best for you. I agree with your point especially about investing small amounts from nothing. by investing we will get huge return that can used for our pension plan, for many years if we hold good portofolio i am believe its enough to fill our need we was old. we step a back for awhile, gold price and metal price was not as high like current rate .imagine if we buy it since few several year ago no matter with small o huge balance , our investment maybe enough used to pension. |
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So now what does Elon want to do? Promote his doge till it hit 1$ or his intention is really to make a decentralized Twitter? He says opposite comments will be respected by not controlling people's posts and comments. But this will make Twitter a place of hatred if hate speech will not be managed.
We still don't know what Elon Musk plans after he bought Twitter. But even though he promoted Dogecoin constantly, people won't easily believe in him. Except, Elon Musk makes Dogecoin to be a crucial part in Twitter. People are familiar enough with Dogecoin, everyone knows it is a meme coin only. $1 for the Doge price seems hard to achieve if there will be no strong reason to pump it massively. Make a decentralized Twitter? What does it mean? I don't really understand this idea. I think everyone is free to make any tweet, no force or pressure on any Twitter member. as i know elon musk want twitter be a place for freedom of speech in social media platform. but i am believe it just a cover to hide important agenda. if compared with his main core business its very different, but he twitter has alot potency if it could be a trigger for cryptocurrency market.at this moment speculation about doge regarding this buying significantly soar, and most of us it could reality doge coin accepted in twitter as their payment system. |
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forex: heavily centralized
Crypto: partly centralized
This might be talking about on exchange platforms or forex brokers.
You could eventually find out for yourself once you do gain experience or actual engagement.
this is the main part of differences between forex and crypto market. in forex central bank could intervention to market when they see currency drop too sharp that will have big impact to economy condition in countries, meanwhile in crypto when its price plunge there is no care about it and let it happen till traders give up. |
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From the above explanation which could you as a trader possibly go with and why?
~ Example is if China declears today that they want to legalize bitcoin, people will fomo and buy definitely. That is technical analysis but which make bitcoin price to go in the up direction. If you remebe the time China finally ban bitcoin, the price decrease from $45000 to almost $30000 in some hours. That is fundamental analysis. As some people heard to news of the ban, they were selling. both of them actually fundamental news which is influence price movement . in technical analisys , at which price level we will short or buy bitcoin to get maximum profits with less risk. fundamental news will drive price goes up and down , and i am believe that is wrong example for fundamental explanation. market sentiment , global news that spreaded in market included in fundamental analisys. |
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Many projects that are released on the market don't last long term because they can't provide returns to investors, don't work as intended, don't get support from the public, or even the projects turn into scams after they're released on the market.
In choosing a new project, we must be very careful and observant in analyzing because not all new projects or those that are already on the market can last for a long time.
The toughest test of these projects is when the market is in a bear market mode where all prices are dropping sharply and there are no definite signs of a rise.
Only projects that really have a solid team can survive and you can see that projects that have been on the market for a long time can survive in the market.
too many scam projects appear in market everyday and unfortunately it become our fault too when pick one of them by didnt observe well about it. our circumspection and less speculation will not trap us into it. maybe existing project could be better investment strategy, there are alot good project with lower price if compare to price in several months ago. |
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I am not in favor of borrowing money to invest in Bitcoin. I think it’s weird to invest other peoples money because of risk. If you’re looking to buy your first home, I can possibly understand borrowing some money from friends and/or family because it’s a physical asset.
At worst case if a serious recession occurs at least you have a shot of holding on to the home and living in it. Personally, I do think Bitcoin is a great investment opportunity, especially for the long hold but not with other people's money.
it is really high speculation if borrwing money only to buy bitcoin or cryptocurrency, i am curious what will we gonna do if our investment running as not our hope ? by borrowing money , its easy to us being panic when price drop and maybe our goal earning money from here being earning loss. take loan for buying and home totally different, in a day bitcoin price could drop 10% and even more if continuely drop day by day. ratio between risk and profits was equal, and its be a differentiator investing in home or properti. price move steady and maybe only growth 20% in year but difficult to drop from our buying price. |
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Hi guys,
does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.
Thank you already!
Kind regards
AD
maybe some of us already did it , so far i know bybit exchange provide copy trading feature. trading history from signal owner must proven profitable for atleast 6 months. i know one of vip trading signal that provide their copy trade for member and so far the result good enough, but i am not join on them. in copy trade we must concern on how they open , is it based on real analisys or only gambling so their position have bigger profit rate. dont ever join to traders that have win rate below 50% , our money will easily lose here. |
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not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it
alot traders do this, they prefer following signal from trading group and didnt developt their own knowledge or trading skills. confidence maybe still be serious problem for beginer traders although their analisys actually right. personally i am also joining in trading signal too, but i dont accepted it except suitable with my analisys. comparing will help us alot to avoid loss and also developt our trading skill. |
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What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Predicting Bitcoin's price is very tricky. This is so because its price is based off of several economic factors from supply and demand, to public sentiment, to the news cycle, and market events, scarcity, and more. As at November 2021, so many Bitcoin analysts predicted that in the price to be up to $100,000 in Q1 2022 but here we are in the Q2 and it's not even half the price predicted. For me, just being neutral is good for my peace of mind. However, it doesn't mean that I am pessimistic. its really complicated to predict bitcoin price, since its influenced by many factors. market manipulation and other factors such as geopolitical and macro economic be obstacle for bitcoin price movement. alot good news spreaded but the fact price still steady around 40K. legal tender, mass adoption wasnt enough to drive bitcoin. but for long term , its still optimism will able to create new ath. |
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