Yes, actually this has been my advice to some of mine friends and some people around me trying to ask for advice for trading Dude, they just want to know more about trading, and they don’t have the capability and the time for trading Trading is something you need to put more attention and focus so actually, Trading has not been good for even people that is paying attention to it so when you have no much attention, and you just had about Trading and you want to trade it’s really not for everyone because you may not make it
well, if trading was for everyone, then everyone involved in trading would get big profits. However, I think that trading is a skill, and not everyone is suited to it. There are lots of examples out there. People try to trade because of the hype, or want to learn, but when they try, they take losses and feel that it is not for them. maybe they can learn, but I think trading also has big risks, and not everyone is able to accept these risks. |
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well, if we are bad at trading, the solution is investment.
Investment is another option we can do in crypto business. It is not the solution for the bad trading.  If we are bad at trading, it may be caused by lack of knowledge in trading. So, we apply an inappropriate strategy in trading. This can make a difficult way to earn profits. So the solution is to learn more deeply about trading.  However, to this day, I still invest even when I'm not that bad at trading. I think that investment is savings whose value will increase continuously. Even though it doesn't always increase, by choosing the right investment, the potential will increase.
Most people in crypto must have investment because crypto coins are basically for investing over trading. You must be aware that it is easier to invest over trading because trading requires more complex knowledge, skills, or ability. Meanwhile in investment, we only need to choose which coins potentially raise in the future. We only need to buy and hold them, then we wait for the bullish season. Anyway, investing doesn't same with saving, investing means to have a chance to a significant change on the value in the future. Well, basically, choosing investments can also be difficult. Choosing an investment is not that easy, especially choosing the time and type. If we choose the wrong time and type of investment, we may wait years to get a profit. However, it may be a better option than choosing trading for people who do not know how to trade. That's because when someone lacks knowledge in trading, the money they have can decrease quickly, especially in cryptocurrencies where the level of fluctuation is very large. However, with investment, it might be easier for him. Personally, I stress myself more about investing than trading because I'm pretty bad at it. However, with investment, I can hold the assets I own for the long term until I make a profit. Well, if I choose the right investments, I probably won't be waiting in the long run. |
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In fact, when the Bitcoin price reaches $60k, the potential to reach a new ATH before the Halving is very large. So, I think people expected that, although people were still surprised when the ATH was actually reached. I think this is the first time the price of bitcoin has reached ATH before the Halving occurred. This surprised many people because, by achieving ATH before the halving, the potential for a new ATH after the halving could be very high. I think, because of this basis, enthusiastic people are still buying bitcoin to this day. However, I think that there is still a possibility of bitcoin passing the current ATH before the halving occurs.
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for now, I am more likely to pay attention to market movements and my portfolio rather than adding to investments. However, if I feel that a coin is worth investing in, then I will probably buy. However, currently I am still monitoring market prices and considering whether I should buy or take some profits from the portfolio I own.
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Well, if you look at the current bull market, altcoin prices have risen, but XRP still hasn't shown a significant increase, in fact there is still very little increase. I am quite optimistic in saying that XRP is a good coin, and maybe in the future it will reach its new ATH. However, with developments like this, we don't know when that will happen. Maybe this will be a long-term investment if you choose XRP.
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I have experienced where when I have made a profit but it continues to be ignored because I believe the profit level will increase but what happens is that it goes down to the lowest value as a result there is regret why not take advantage at that time, but I realize that it is greed that humans have experienced.
The only one wants to take long-term profits by simply HODL Bitcoin that's all.
But we have experienced where choosing several altcoins in the hope of more profit which can be said to be a quick profit in the short term but often does not have a sales target with no management, everything will be a mess.
This seems to be an experience I keep repeating. Even now, I still often do the same thing. Even though you have made quite a profit, you still have the feeling of wanting more and you keep holding onto the coins in the hope that the price will be higher. As a result, the price dropped badly, and I regret it. Even when we understand that taking advantage is important, when we face this situation, the feeling of greed will continue to exist. I agree that if you want the long term, then bitcoin is the choice. Meanwhile, for altcoins, if you have made enough profits, immediately secure your main money, or take all the profits. |
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Well , I understand your excitement about bitcoin price rising so high and reaching a new ATH. However, it is still too early to target $100k. If you look at previous increases, resistance often occurs, and corrections from price increases also occur. So, it might be a little difficult to reach $100k in such a short time. However, I think this increase is slow but the potential is large. However, I also still hope to see a $100k price later this year or in 2025.
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Education is important, and it is just one of the achievements that people also need. Because this is one of the sources of knowledge that we can use in the future. Actually, the topic of education is very broad, because this is where our knowledge and strategy on how to survive in life begin. The more we know, the better. It is difficult that we only know so little.
Now why are there still more poor people, even though most of them have completed their education or have a diploma? That's because they don't use the things they learned in their studies. Even though Mark Zuckerburg dropped out, they were still successful in life, and what they learned while he was studying cannot be unrelated to the success he has now in his life. He became even smarter because he saw that his business would grow even more if he hired smart graduates for his company. Because he knows what is brought about by a person with knowledge or intelligence who has graduated.
Yes, graduation is proof that you have studied there, but that doesn't mean you have extraordinary skills from that. That's why education and skills are really needed in a field. I have many friends who have graduated but did not have good abilities when they practiced the field they studied. Some people are only good at theory and memorization. However, it's pretty bad at doing its job. However, I believe that the most important thing that can make a person rich is the ability and knowledge he has. |
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Investing in meme coins can be incredibly risky and often like gambling. While some people can get lucky and make quick profits, most investors lose money. I have heard stories of success from some people in the past, but the losses are often silent. Many meme coins create markets based entirely on hype. The reality is that often, meme coins lack long-term sustainability and people lose money on these speculative investments. Meme coins are just a trend, and they will probably fade away eventually. As with any investment, make sure you understand what you're getting into before putting your money into Meme Coin.
Well, that's why the risk of memecoin is very big. However, because the price is easy, and the increase can be very high, it makes people enthusiastic about buying memecoins. I also intended to buy memecoin several times using not that much money. However, this intention was always canceled due to necessity. However, as long as memecoin still provides profits, many people will invest. In fact, recently PEPE rose so high. People who invested when prices were low must have made a profit by now. |
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Yes, when someone wants to trade, he is advised to use money that he is willing to lose. That's because it's to prevent things like this. However, money has a big influence on a person's mental state and health. Sometimes, there are many people who think that they can take risks, but when they are faced with these risks, they get sick and become stressed.
However, this may be something to emphasize before trading. If you want to try or are just learning, it's best to use minimal money. Don't enter into trading just because of the hype, or want to take big risks. Be wise in generating profits.
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Most fiat currency savers are too risk averse to get into Bitcoin in the first place but I guess if a saver finally grasps Bitcoin then they may have the mental fortitude & patience to slowly stack Bitcoin & hodl for a significant period of time.
I also thought the same thing. in management matters, it would probably be the same. So people who are good at saving their money, when they receive bitcoin, they may be able to keep the bitcoin for a long period of time. Although bitcoin and Money have many differences, but management issues, I think it is almost the same. So that people who are experts in managing their money, they are also good at managing their bitcoin investments. Even beyond that, I think those who can save, manage their finances well, then they can manage their business and other investments they have. |
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Unpopular coins tend to be new coins. If you do some research and in-depth research, you will probably find a very good coin. Until now, I have seen quite a lot of coins that are not popular, but give investors very high profits.
However, choosing such a coin does have a high risk. But it is worth the profit you can get. This is what makes so many people become early investors in new projects. Even before the project starts, if it is a promising project, there will likely be a lot of investors willing to take the risk.
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So far, maybe like laptops and smartphones, I feel they are quite expensive necessities that are my current needs. Apart from that, vehicles such as cars too. However, I think it doesn't have to be a good one, but still I feel that a car is something expensive.
However, if it is a necessity, then no matter whether it is expensive or not, then we need to work on it. This has reasons, such as smooth work, and others. However, it would be different if we spent money on something expensive, but we rarely use it. so I feel that it is a luxurious life, and spending quite a lot of money on something that we don't necessarily use. However, for necessity, I think it is a natural thing.
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Yes, that's very important. no one loses by taking advantage. The losers are people who want to continue to increase their profits and miss their opportunity, while the price of the coins they hold has decreased over time. If you feel that the price of the coin is good enough for you, and the profit you get from it is big enough, then it is better to take the profit rather than expecting a bigger profit.
In fact, it's okay to expect big profits, but the risks you have to accept are also bigger. Personally, I am more concerned with profits that are before my eyes than those that are still uncertain.
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both are cheap, but I use the BEP20 the most because I feel that it is the cheapest. In fact, in every transaction, I always prioritize BEP20 over others. However, I think for some transactions, the fee will not be that big. You just have to try it yourself and choose which one is suitable for you, and I see that the most recommended one to use with a low fee is BEP20.
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well, wealth is not based on graduation. In fact, many people are still poor or do not find work after they graduate. What makes people rich is the ability they have and the hard work they put in. No matter how good a person's abilities are, and even how good his graduation is, if he is lazy, he will experience setbacks.
After all, graduation is only the foundation for developing the skills we have, and it is proof that we may be experts in a field. However, what makes everything run smoothly is how capable you are and how hard you work to achieve your goals.
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Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.
The most ironic thing is that the very rich people in the first place are the creators of these meme tokens and those who first bought them. But the rest are trying to hit the jackpot and repeat their success by paying for the whole banquet.Buying such meme tokens is a modern lottery since the chances are exactly the same, but about one in a million. Yes, that's the current reality. However, it works for some people. They use meme coins to get high results in a short time. People will think of investing a little in meme coin thinking that when the coin is a scam, then there is no big loss. However, when the price rises, they make big profits. In fact, the reason that can be given for buying this coin is simply because it can bring profit. ][url][/url] |
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Memecoin has always been a hot topic of conversation in the cryptocurrency world because when memecoin experiences a high increase it can provide very high profits. However, meme coins can also cause losses because very few memecoins are able to increase in the market. So research is needed to buy memecoins. and definitely memecoins have a higher risk than other altcoins. So that makes me only believe in DOGECOIN until now.
RN memecoins are on fire. But pepe has been topping the charts. Glad I included it in my pf some time ago. Here's the current price 📈  congrats to you. a few months ago, I had money left on an exchange. At that time I planned to buy PEPE and Shiba and planned to forget about them. Unfortunately, I forgot to buy it, and currently I still have the remaining money, and it hasn't grown anything. I might plan to spend the remaining dollars I have on meme coins like Doge, Shiba, and Pepe |
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the reason is because I believe that the price of bitcoin can still reach even higher prices. However, bitcoin can reach a new ATH before the halving occurs, whereas based on previous experience, the potential for high price increases usually occurs after the halving occurs. Many people think that the price of bitcoin could reach $100k. So, investing at the current price still provides profits. However, I have very positive feelings regarding the further development of the bitcoin price.
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For someone to have the privilege of holding 1btc, then i will advise that the person should use half of the money to hold bitcoin while he can use the other half for investment on other cryptocurrencies by spreading on more than three other coins he have developed interest to make in investment in, it is also very important that we make research enough about any altcoin before investing, in this, we can have the assurance that all eggs are not on the same basket.
Actually OP is very right to hold bitcoin. That's because the risk level is small, and If the OP is still holding the bitcoins he has since he opened this topic, he has already made quite a profit. even more so if he has 1 bitcoin. It's just that, if he wants to invest in altcoins, then nothing is better than popular altcoins. additionally, he needed to do in-depth research and study. Because when he chooses the wrong altcoin to invest in, the value of the assets he owns will decrease very quickly. |
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