there is no influence between bitcoin and the pandemic, where we see bitcoin reaching new ATH periodically up to 50k$, inversely proportional to the lives of people affected by the pandemic micro-companies go bankrupt, maybe not all areas experience a pandemic so bitcoin can reach a new ath, from a country that is not experiencing a pandemic
despite the fact that we don't know, but to some extent between the pandemic and bitcoin, I think there is an influence. when many people were laid off, while bitcoin experienced a bullrun so many new investors tried their luck to join as bitcoiners, because some stories are many new bitcoiners who invest even without good knowledge |
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What people need to learn isn't this to be honest, for me it's much better if they learn how to maintain what makes money the most because if it ain't broke then don't fix it right? I think that's a more appropriate way to make it far, don't change what's working for you, try some experiments but don't stray to far from the original and if the experiment is fruitful then find a way to integrate that to your original plan.
right, we have to do experiments for ourselves to find something that suits us. maybe we will experience some failures, but at least we already have experience with it, so that in the future we will understand the right and comfortable strategy for ourselves personally, and that is what we will use later |
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maybe it will apply to some people, but many of us who experience failure in trading, because trading is not as easy as we think. so that many people prefer to invest, which will sell it when the bullrun occurs. or those who are already good at trading also invest, for the safety of their funds
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Keep holding your BTC. BTC will surge higher again soon.
When? There is no certain time for the next pump. No one knows the BTC price will increase again or never increase again this year. Keep holding is a good strategy, but selling is also not a bad decision. I am not holding all my Bitcoin, I keep selling a small number sometimes. It makes me get USDT to buy altcoins in a cheap price right now. there's really no such thing as a bullrun imminent. but I'm sure one day it will happen again. therefore I personally keep the bitcoins I have, as long as I don't have an urgent need. On the other hand, to maximize profits, we can give some potential altcoins, and I did that from the results of this bounty. |
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Forex trading is very complicated than others platforms trading. Before coming/ entering in forex trading you should deeply analysis and gather more information and knowledge about trading, volumes and signals. Neither you should not get any benefits rather get loses.
I myself have experienced it, where forex trading is not as easy as we imagine, especially when we are lucky several times, sometimes we feel arrogant, and unconsciously it is the beginning of the losses that we will suffer. therefore the need for psychological calm in forex trading is very much needed |
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talk about making money everyone will not despair. because the first rule is money becomes an important allowance in carrying out life and buying daily necessities.
when he feels he is not currently making money in crypto, he will look for money elsewhere. crypto is only an alternative, and not all alternatives give satisfactory results.
and to achieve big profits, need to sacrifice time, energy, thoughts and capital.
Desperation is sometimes normal in every investors specially when time comes that in badly needed the funds but the capital is dropping or not functioning well. this will end up the Player will need to sell Low or even at losses. and besides many of us had already experience this though let us not live with it, losing is normal sometimes but if this happens all the time/ then find other place because this is not for you. I also experienced it, at the beginning of this year, where I still have some ethereum. but out of necessity, I sold it without any leftovers, and in the months ahead, I saw a bullrun happening. if I wish, maybe now I have a lot of money, but that's the decision and the conditions, we can't do much, maybe it's just that |
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Bitcoin can be used as both a currency and an asset.
Bitcoin is a peer-to-peer electronic cash system, created to serve as a currency to solve current transaction problems. Some countries allow the use of Bitcoin to buy and sell goods, and El Salvador also uses Bitcoin as legal tender.
Bitcoin is decentralized and will not be controlled and regulated by the government. Many people like to take charge of personal assets and choose to invest in Bitcoin. Bitcoin also has special features such as scarcity. The total amount is fixed and cannot be issued at will. When people's demand increases, the value will generally increase, which is more suitable as a storage asset.
I have previously discussed cryptocurrencies such as bitcoin etc., this asset does not deserve to be called a currency but it is better to be called a digital asset because "word choice" affects one's mind to instill a positive mindset towards cryptocurrency in a newbie in the world of blockchains, we better replace the word cryptocurrency with digital assets try to imagine if someone mentions cryptocurrency then you imagine someone mentions digital assets, which word makes you more interested? indeed at this time the initial goal of bitcoin has not been achieved, while bitcoin is actually used to make money because the price is increasing over time, besides that due to high fluctuations, bitcoin is widely used for trading whether bitcoin will achieve its goal, we'll see together |
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You are not a wise man because none can lives without clothes and food even medicine. But you staying hungry but not sell your bitcoin. I can't support you guys, you should invest several times coins and trading according your investment . You can easily handle your lives and lifestyle.
Exactly , What is the sense of your investment if you will die in starvation ? that was not practical after all , Remember that all of our doings here is for our future and not for us to keep the funds while our family is being starved because of your stupidity . investing is like saving, but by investing we will get several benefits including the value of our assets will continue to grow, it is different if we save in a bank, where our money will remain the same. but if we force to invest, while the necessities of life are not fulfilled, I don't think it's a wise decision, it's better to invest according to our ability to set aside money |
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in theory.bitcoin can be said to be the greatest civilization of this century and also we as investors.strongly agree with the adoption.of bitcoin in several countries.especially the country of el salvador which has.used bitcoin as a legal currency and maybe one day will use the digital currency for the future with the modern era is very sophisticated.like this and it is not impossible that one day it will definitely happen for the adoption.of the digital currency
as time goes by I think bitcoin will be acceptable at least as an alternative currency to fiat. especially in conditions like this pandemic, where the digital era is more prominent today. it is true that there is one country that has started it like elsalvador today which legalizes bitcoin, this can encourage other countries to follow the example |
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there is no pollution caused by bitcoin, it's only possible that bitcoin mining requires greater electrical energy so that the electrical energy used increases. but I don't think it will be a problem, because currently a lot of electrical energy is being developed that comes from natural uses, such as wind power or hydro power.
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from the information I got that Blockchain was the first to be created compared to Bitcoin. Blockchain was first created by someone famous as Satoshi Nakamoto in 2008, then Satoshi Nakamoto implemented Blockchain as a core component of Bitcoin. With Blockchain, bitcoin became the first digital currency that was able to overcome double-spending without the need for a trusted authority and has been the inspiration for many other applications.
many people think that blockchain and bitcoin are the same, they make an analogy between the two terms, just different words with the same meaning. indeed bitcoin cannot be separated from blockchain, because blockchain is a device that can move bitcoins with the advantages of a blockchain system |
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nothing proves the truth of that narrative. but one lesson that we can take when a crisis occurs, of course there will be a savior god who will be the center of attention of many people. just like yesterday's bitcoin, where many people forgot the pandemic and made it a new source of income for them
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It is fairly obvious, but there are people out there that have written 200 pages self-help books and made a fortune out of them by simply stating this simple fact of life: "you can invest your savings. If you ainīt got any, you ainīt gonna invest". (I admit you could argue that you can borrow but still nobody ainīt lending ya if you ainīt gonna givvet baksh).
The basic concepts that will save you a 15 bucks book:
- you invest so that your money works for you. Even if you cannot drop your job, you can still live a bit better with extra income.
- Investing is sacrificing something today to get something tomorrow. This is just a definition. You save x today because you want 2x tomorrow or in year or whenever.
- The first step to invest is saving part of your income. No savings, no future.
- If you have credits unpaid (other than mortgages or other asset backed credits), you pay those first because they charge you a lot.
And from here we could start speaking on how are you going to save regularly, if it is going to be 10% of your income, or 5% or 50%, how are you going to learn about investing, etc...
This is correct. Many sources say exact same thing, but they also mention one fact, which you missed. They all say you should start with this in your early 20's. That's the most fruitful time to do it, so you can enter your 40's with a nice passive income at the age of 20 years, humans do not have many necessities of life, so they are free to work as they think. that way they will have various experiences and overcome the problems they get, so that with increasing age their psychologically matures and finally they will have financial freedom at their relatively young age. |
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I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?
Obviously, most of the people here would advice you to go straight for bitcoin or any other well established altcoins out there. Also, I would suggest investing just a little, let's say about 10% to 15% of your total capital just so you can have a good feel about how this industry works first. It would also be a great thing if you would consider prioritizing on knowledge and wisdom investment(related to this industry and how it works along with basic trading fundamentals). Because that would give you a huge advantage over the huge number of people who skip this part. Of course its the most basic thing to do before you decide into investing. You probably won't know how the market moves and how to invest or even trade if you don't make any researches at first and come up with good analysis. With coins to invest, you know you have to work it on your own. You can't just believe what mostly are telling you to do. Have your own decision and stand for it. There will be consequences at first but later on, you will start to learn the lessons on your own. Bitcoin and ethereum will be the top choices for the people but you also need to research on it and weigh things out. for beginners maybe we need to research to invest in bitcoin and ethereum, but for people who already understand cryptocurrencies, I think in general they believe in eth and btc in investing, so they will only look for the best time to buy it, so that the profit they get there will be more later |
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I agree that even or sometimes especially in urban cities, if you live on the wrong side of the gap, it's really not a fun life. I went to my capital myself in my teens and it was a pretty big culture shock. No swanky neighbourhoods, renting spaces on the floor and not rooms, sharing with 20 other people and using communal taps and bathrooms.
But there, at least there was access to better your life and escape the cycle, is what I'm saying. You talk of a time when Kings didn't have computers. I talk of a time when most of the world will live and die without the opportunity to read or write, much less touch a computer.
But there is a mentality at play here for sure. You can't break out without the right one.
It is always hard when some migrates to another city to find education or new job. I made the journey myself, so I can understand how difficult it can be. But the beauty of this is that your children will not face the same issues that you have faced. You are already settled down in the capital city, so your children's don't need to move to another city to find job. In all probability you are having a good job and your own house, so the kids don't have to worry about accommodation and other aspects. That is how life goes on in modern world. hard work is required when migrating to another city in search of a living. In addition to working hard and getting results, they should try to manage expenses to have a better tomorrow. but the good thing that can be learned is usually they are a formidable figure if they succeed in that new city, where the psychology is mature |
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Bitcoin is now considered as the gold of cryptocurrencies, it is no longer called shitcoin as it was in the early years of its birth. BTC is now a payment currency of many countries, which is quite popular, but the price of BTC will increase much in the future. The current era is the technology age of BTC.
Nobody considered bitcoin a shitcoin back then, a lot of people saw potential and those that doubt bitcoin didn't call it shitcoin, that term was later coined when the emergence of different altcoins started. I think that the time of bitcoin has already started a long time ago and we have been enjoying the bounties of bitcoin. indeed if we pay attention to the time for bitcoin has existed since ancient times, it's just that not many people realize it, or believe it, but indeed the best time to buy bitcoin I think is when the trend is bearish, so we will get a cheaper price so that later our profit will be more. Besides that, of course, our psychology will be better than if we experience minus floating |
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I somehow tend to believe that people who come to this forum and discuss about crypto... don't suffer from cryptophobia... So I think that you should put this into the forums populated by economists and banksters  (if there are any) it should be as you say, that if anyone has joined this forum. make sure they are prepared for what will happen and the consequences of what is happening with crypto. they know and should be able not to suffer from cryptophobia. because the consequences exist and have been known from the start before joining crypto, it is clear that there are a lot of instability, which can always change at any time which may not be according to his wishes. With this forum, I think it builds our mentality to understand knowledge about cryptocurrencies, so that we will realize the good and bad and pros and cons of joining the crypto world. I think by being able to control emotions here, we will be calm in living life, so we can control cryptophobia, don't think we will get rich quick here, but we must learn to get rich with this business |
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Bitcoin is now the biggest opportunity in society. Bitcoin has existed for more than ten years, and it has driven the development of blockchain digital currency. Due to the high price volatility and other characteristics of cryptocurrency, there is a lot of room for speculation. Now more people are researching and investing in cryptocurrency, and the accepted scope of cryptocurrency is also expanding, and it can be traded and circulated all over the world.
Cryptocurrency is the development trend of today and in the future, and the biggest investment opportunity will be cryptocurrency in the future.
Right, bitcoin has changed the world's transaction system a lot, the daily transaction volume of more than $50 billion proves that bitcoin is increasingly popular and difficult to stop, making bitcoin for future investment certainly a very profitable thing. this happens where there are still few people who use it or there are still few people who understand bitcoin. Moreover, most governments have not legalized it. we can calculate that later more and more people will use it and more countries will legalize it, of course it will increase the turnover of bitcoin transactions every day. |
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most of our daily lives need it or in other words oil is a kind of "black gold" that many big countries want to acquire precisely because it is becoming increasingly scarce, a fact we cannot denies that today's life "black gold" is indispensable, but its use is so polluting for the environment today that its use in large developed countries such as the United States also has limitations. they replace them with steam or solar powered machines which are very popular now.
even so, oil dominates in the smooth running of all human activities. Therefore, if the price of oil is expensive, it will affect the prices of all other goods. On the other hand, oil is a non-renewable natural resource, so the world is starting to develop alternative energy producers. |
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