According to my experience is that if anyone Stake there crypto so be careful check project roadmap etc because some time anyone stake there crypto so the project started in down but they can't release there crypto because its stake so be carefully check!!
Choose a great project must you got profit on the basis of your stake amount..
Staking tokens from a project that is new and isn't trusted by the community yet is definitely risking your money because the profit that you can get from staking is the commission that you earn on the amount you've staked over the period you've chosen, and if a token that you are staking loses its value significantly, your stakes and the commissions you'll get will almost be worthless and that will only waste your time and resources if you keep holding. That is the reason that even though I don't recommend staking, I believe people should only use coins and tokens that are already trusted by the community even if the commission percentage is relatively low but the risk is also lower, this way, one won't lose any money at all. |
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A friend contacted me yesterday for some loans, which I declined (with some excuses) because I knew he really had no means of fast repayment. After some time, he called again and requested that I buy his refrigerator or his washing machine instead. Although I don't have a washing machine, but I had no interest in buying anything at that moment, so I contacted another of my friend who bought the refrigerator and the washing machine from that guy.
It's not a surprise that sometimes we find ourselves in emergencies that really require some funds to solve the problem at hand. We all know that life treats everyone differently depending on the country, city, or village in which they find themselves. You can't blame anyone or say it's a result of bad budgeting plans or inability to save for emergencies.
I just decided to put this up here to see what you guys think about it. If you are in a situation that requires some funds immediately, would you go for a loan or would you sell one of your properties to solve the problem? And which of them is a better option, to sell property or to take a loan?
Well, it totally depends on your situation and employment status, if you are employed but need some money that is more than what you earn and you know you can repay it in a certain period of time, you should go ahead and take a low-interest loan, but if you know that you are unemployed and you will have trouble paying the money back, it's probably better to sell something that you own to use the money for the emergency that came up instead of taking trouble later on. It is not wise to take a loan from someone, even if they are your friend or a close one if you know that you can't repay the loan fast because they might need the money soon themselves and at that time if you refuse to pay them back, it can create problems for both of you and the relationship will be disturbed as well. |
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The difference is crazy between Venezuela and Luxembourg! It’s around 3000 times difference, it’s just crazy to think how little Venezuelan people are working for. Crazy how a Hong Kong resident has to work 1 day and a Venezuelan resident has to work 100 days for the same amount of money. Blows my mind! And makes me think more about how privileged I am to work in a country where working for a dollar doesn’t require a lot of effort. It’s a privilege afterall.
That was indeed crazy but I think people on that country doesn't know a thing if how can they escape their faith so they just go with the flow. If we are truly concerned about them then maybe we can do something? But, that's just how it goes sometimes. There are always people or countries who are poor and then there are rich. Life is truly unfair. If we are on the comfortable side, we should be grateful and don't complain anymore. The effort that we exert to earn won't only depend on the country we are living but it can also depend on the nature of our job but what was your job anyway and which country do you live? I'm just curious to know it. |
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Every person has financial secrets and struggles with lifestyle decisions many people have a lot of money but don't use it. And for this reason it is necessary to invest money otherwise, as the value of money decreases day by day, it will worsen your financial condition at some point. It is impossible to move in any specific direction without a goal. Although there are many things in life than money, you should keep your goals in mind. Setting a goal is easy but consistently moving towards it is difficult. But it is not an impossible task it is necessary to move slowly towards certain goals and monitor your progress all the time.
I think poor people doesn't have anything to hide in terms of finances but many rich people have secrets. It can be that they obtain own their wealth in an illegal way. It was also the poor who struggles the most when it comes to decision-making relating to money. Like for example if they will buy this thing or not because they will be left with nothing later. Moving in any specific direction is not impossible if you have a money. Having a goal is only optional but again it was mostly the poor who has it before they move. They don't want to waste their money going on some places without any real reason. Yes there are other important things in life than money and we can have them as our own goal. |
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I do not advise a group of relatives and friends to get together and buy high-risk assets, including Bitcoin. You start investing from a low-risk asset, medium to high, and not the other way around.The reason for this is that all types of investment entail risks that may not be borne by everyone, and thus cause social problems among the family. It is better to divide the investment so that it is in different sectors and in varying proportions so that high-risk investments do not exceed 30% to 50% in the worst case, with a good diversification of investments and asking specialized people to reduce risks and maximize profits. Such partnerships are always the problem in the mechanism of providing liquidity when someone needs it in making decisions.
What if they are the ones who approach you first for this? And then you explain the risk to them properly. If they still agree to join, they will now accept whatever outcome they will get. Sometimes it's better to have them as a partner because you know them already. There is the confidence and they are easy to approach than to a random person. You will also feel happy when you see that your love ones are improving their life. For me, Bitcoin is not a high-risk asset. If there are like that, it would be the pump and dump coins. Diversifying is optional. It might be beneficial but the cons that I see here is that it can give us an extra pressure when managing our portfolio. |
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The last memecoin I remember was PEPE, which had a hard fork and was left by the main developer and a lot of drama that makes anyone think seriously before investing in such an investment. Therefore, the success of these currencies was due to Elon Musk's tweets. Whenever that person returns to tweet, it is an opportunity to make quick gains, but the question is when will he return again to talk about it and is it worth investing or is it waiting for something to happen that may not happen.
Yes, this was the latest meme coin that are in hype but I didn't knew that it undergo in a hard fork. Usually, the main coins only have it but even this happens, it won't still have a big impact on the meme coin. As for the developer abandoning the project, that was already expected for the meme coins. For what is the reason to stay any longer when they already get what they want? They knew that they can't magnet much people anymore. Now they might be planning on creating a new meme coin and hope that it will also burst like their other meme projects. The success of Pepe and other meme coins are not dependent on Elon but the only meme coin that mostly rely on Elon is Dogecoin. |
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With the number of users continuing to increase, it makes us have good hopes that the future of bitcoin will be bright, this is because more and more people are curious and interested in investing in bitcoin even though there are still many countries that are banned, another thing is the presence of social media which makes it easy for anyone looking for information about the most profitable types of investment.
Though social media does play a great role in the adoption of cryptocurrencies, it also has a lot of negative effects as well such as there are a lot of scammers on social media platforms these days since they know people are crazy about cryptocurrencies and are always looking for ways to earn money online through cryptocurrencies and online investments, so scammers use these things in their favor and create phishing sites and create scam investment platforms to take away the hard-earned money of newbies. The future of Bitcoin and cryptocurrencies will surely be bright because they are getting more and more popular over time, so there will surely be one day when the whole world would want to take part in the crypto revolution and own a lot of cryptocurrencies, especially the top ones like BTC and ETH. |
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When they know how dangerous social media is for their privacy - then they will close all their social media accounts. But some things are also important to have social media, it is a preventive measure for impersonation on your behalf. If you have - do not post anything that you think is not safe for your privacy.
Social media is not safe - that's true, but when we don't have it then someone might be able to use it for his personal gain. So only use social media as necessary and reasonable, not to endanger privacy.
The world has become so obsessed with social media that they can't stop using them even if they know very well that their private information and details are leaked when they are using them, the platforms themselves read and record everything that we do in there so that they can use this information to sell paid ads to their clients, so our privacy is totally exploited as soon as we join social media platforms, that's why we shouldn't join them in the first place if we don't want our privacy to be invaded. If we talk about safety, I don't think you can be safe if your privacy is invaded like that, I mean, they use your words or stuff that you search and let scammers reach you through targeted ads since you have used certain keywords on the platform and they think you are interested in that stuff. |
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Personally, has many advantage when saving fund invest in bitcoin than holding in the bank although as deposit fund because profitable earn under 5% each years based on in our Bank country. But difference profitable earn comparison when saving assets in bitcoin because one year later more than 30% until 50% depend investing in the right time.
I think OP have right decision by investing his personal saving fund to investing in Bitcoin, but you need back up fund when moment Bitcoin price as your assets going drop without have to sell all bitcoin assets and still have another saving for something urgent needed. Difference with OP have passive income from side job and investing saving fund in bitcoin will grow up one day later without have to sell when price down.
Bitcoin is unpredictable. We don't have a fixed date here to tell if when is the pump will come. We might earn a profit after a year or two or maybe earlier than that. A personal saving fund is already a saving so I think it doesn't make sense if we will still put it into Bitcoin but if we do, better to not go all in because investing in Bitcoin still has a risk. Investing gives us a passive income but it's not a form of a job. A job is when you do it daily but it's better to have one before we start investing so that we won't touch our assets easily and we can be able to put more money into it using our salary. We can also set aside some to our savings account. |
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According to reports from the government stated that inflation in my country continues to increase, in my country, of course, also feels inflation that is difficult to control, but the thing that makes me happy is that inflation can be a good opportunity to increase income, financial services are increasingly easily found even with official identity then we easy to get a loan
Inflation is I think a global issue and even in many countries, they also feel an increase but maybe the rates on fewer countries are twice or thrice higher than them. It must be Venezuela if I'm not mistaken who badly got hit by the inflation and the value of their money declined too much. For us normal individuals, we can't do much about the inflation but I think the government's actions can affect it. Can't understand why you are happy about the high inflation when the majority likes it to be lowered. You might earn more money but that is because the value of your money is now lower than usual but you can choose to keep this money and hope that the inflation will go down someday. |
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I bought the other day and we have seen yet another crash since then it feels like there is so much bad news and FUD at the moment.
I feel like having a break as I am starting to feel we could go close to the lows of last year, not sure if we will go that low but could go close so thinking of waiting until we see at least another 10% drop to buy more.
How is everyone else feeling?
I think. it's only temporary. Later back to normal too. all you need to do is keep buying and let the market take its course. true, sometimes these feelings come and make us a little uncomfortable in investing. there is a concern that the market will go down again. If in BTC 10%, the decrease is quite large. All you need to do is find another occupation. because I have also felt the way you feel. even if you want to go out of responsibility if you don't want to play short term. As low as it might be to 28K this week. Considering it is only 2% down for the week, we can easily say that it is not going to be that much different on the long run. I understand why people may think that it looks a bit different but the reality is that it is pretty much similar. I know that it is going to be hard deal, but we could still make it work. This is why it is smarter to have a good return one way or another. I feel like it should be considered why we are doing something that is profitable on the long run so these smaller drops are not really that big of a deal. I hope that we can get over it soon enough, and we could do something that will benefit us all. Not saying that because I want a profit, just to make sure people are happy about it instead of like this. |
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For me I think this is the main reason why so many individuals lose to the market, they get attached to their investment and they make bad decisions based on how they feel. I was once in this same position as I held my position tight not minding how the market is responding to the negative news that was spreading about the project and now the project is no longer valuable to investors as they have move on to other trending projects.
Don't marry altcoin, just see them as investment and if you're looking for a project you want to fall in love with, it should be Bitcoin that'll make you to be buying it as others who has seen the potential in Bitcoin has been buying. If you fall in love with Bitcoin you won't regret it.
They don't mean to make a bad decision but they can still try and change it. Hopefully, the next move is going to be correct. If it isn't, there must be something wrong and they should identify what it is, to get out of a bad loop as soon as possible. Not all altcoins are bad so it is still fine to marry some of them. When you say see them as investment, we immediately think you are holding them for the long term. I think you better say that we should only trade the risky altcoins so that we can switch again on the other, if we are on to those trendy altcoins as they don't last long. Many of us know that Bitcoin is the best but sometimes we can help but to check out other cryptos. It's also our way to diversify. |
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I have DOT in my portfolio and it is down 79% as of today. The amount I've put there is quite big for me. The average buy price per DOT is 25.80USD. The price of DOT today is 5.38.
So the question is what are my options to rescue the money I've put into it? Is there anything I can do or I just wait?
There is absolutely no way for you to get out of this situation other than to wait for the market to go up significantly so that the price of DOT goes up as well and then you can sell your assets, this happens in the spot market when you buy too high and then the market crashes, you will just lose value and nothing happens unless you sell them at a loss. Your only hope for now is the upcoming bull run where the prices of coins will go pretty high along with Bitcoin. We can't really know when the bull run will start but most people are optimistic that it will be somewhere after the halving next year, but even that isn't guaranteed and it is all based on speculations and what used to happen in the past, other than that, there is no surety of a bull run at all. |
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My favorite crypto coin is $SHMU based on its fast popularity and roadmap, check it out for you to see and believe. https://shibamemu.com/That is literally a meme coin, I wonder how people can have meme coins as their favorite cryptocurrency, that to the ones which haven't even got any popularity or gained any significant success and community hype, these coins are nothing more than clones and scams, they are created for the sole purpose of getting some money through investments that people make on them only with the hope that they might become millionaires. And to be precise, only a few people manage to gain very high returns on these meme coins if they manage to get some value due to the hype they get from the community, those who miss the train, in the beginning, can never be able to get anything out of their meme coin investments. |
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I have only been invested in XRP for 3 months and its great they have now won the case but I expected more.
For months I have been reading and watching videos online of predictions ranging from $2-10 when they win case and it didnt even reach $1. Why?
I will hold for now and buy more if we go lower but did expect more , what is everyone else thinking?
Why does that have to happen according to the current push ? I don't care too much about each person's price target, but if there is a plan for it, the strategy of waiting for that result will also be understood. For me the recent news has shown people's reaction to XRP, more attention is back, even those who have bet before, they have their own strategies and on their way to increase their price. Whether we can achieve those things or not is not guaranteed. There is no law that whatever the people think the price will be, it will also be followed. People are only too assuming sometimes. They badly want it because this is where they can benefit the most. That's right, what matters the most is our target and not others. We might have a lower target than them, so there is no need for us to wait longer. I think each of us has their own plan because it doesn't make sense to just predict for nothing. For a coin like XRP, maybe it's true that there is no guarantees even if you buy and HODL longer but if this happens to other better coins, we have more chance that our dream of making big profits will occur. |
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I remember being new in this forum as I have joined multiple signal group , at least I have 3 in facebook and plenty in telegram but after a year? I deleted them all and ending following anyone .
because Never that they bring accurate signal instead mostly are just shitcoin promotion and link giving groups.
These people earn money by promoting those coins and links and endorsements and they also charge money from users if they have created premium groups because they provide some signals which either work or not but they do make them look like they are working, a newbie that has absolutely no knowledge about trading at all would never basically understand how those signals are used so they end up getting losses every now and then. I personally don't believe in all these signal groups because in my opinion, they don't provide accurate signals in the first place and they are always busy either promoting projects or their premium signal groups so that they can get people to join that and they charge them money for it. |
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While I think Dortmund even with the players they have now is a very strong team I can also say that they are far far far away from winning the title in this upcoming season and in fact if I find a bet that says Dortmund not to win the Bundesliga I would bet a lot of money on such outcome.You may say why I am so radical in thinking and you are right but I am because I have seen what they missed in the last game of the last season where they had the title in their hands and they threw it away,it takes a whole lot of time to get out of such psychological blow and that is the reason I have no doubts Dortmund will not be Bundesliga Champions in the upcoming season.
Here I agree because as they have done in last season now I am also going to put my money on them as they will be not winning Bundesliga title in last season on few occasions I was sure now they can win, and we will be having another champions but last game as they play this was really shocking news for me with playing at home and having not strong team they have done blunder even I can say they were not interested to win title is much better. Now for this season, things are completely changed, and I can expect not title hope for them few other teams can compete for the Champions League spot, but Bayern Munich could be alone as dominating side in this league for the another title Bayer Leverkusen and RB Leipzig can also go through for the tough fight as both are having fair chance for staying in top four. |
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I can say without job I earned more than my cousins who are doing some government jobs, but I personally trade. And this changes my life, 4 years ago, I was not at the position that I should buy a simple thing for myself , but By the grace of my God, crypto has changed it now, I'm almost doing all the things through it.
I am not sure what your cousins make by doing government jobs but that's stable income. Crypto trading is mostly based on luck, and while i, and you have been lucky, don't think that couldn't change in a heartbeat. Also i am not sure how this goes where you live but taxation in govenrment job is pretty easy comparing to crypto trading where it can change the outcome a lot. I would totally keep steady job as a backup and trading as a hobby. That's how richest people in crypto that i know made their fortune. As they didn't need to sell when things were though. It is definitely not a good thing to leave your job, especially if it's a government job because they are not easy to get and you get a pension too when you retire, one can easily manage to do trading or any other activity as a part-time job with the main job because it doesn't require a lot of time, and even if it does, a 9-5 job doesn't take up all your time and if you are determined and really want to pursue your passion too, you should be able to do it. And you are also right that market conditions don't always stay the same, so the profitability of a trader keeps changing over time, that's why one shouldn't take a single period that is profitable to be the overall measure of how their trading is going because it doesn't take much time for dynamics to change. |
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• Can gambling or crypto trading/crypto investment be considered as a skill?
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
• What other skills not listed here, can make one up to $10k a month?
• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?
Gambling is not a skill, trading is, and one can never earn a steady income from gambling no matter what they do, but in trading, your profits will depend on the capital you are using for your trades, and earning $10k might be possible a month if you have pretty big capital and you know how to trade and not just starting, one needs to know how to do market analysis and manage their trades with proper risk management techniques. I don't really think that a signature campaign member can be considered someone skilled, it is just that you write messages, and if you are a constructive poster, that might be considerable as a skill because not everyone can have enough knowledge and information to do that properly. |
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Many people out there which want to become traders have the mistaken idea that if they want to become traders then they need to master all kind of different indicators and become a master of TA, and while that will help without a doubt, it also very important that people develop some emotional intelligence when they trade, as it is on those critical moments when everything hangs in the balance when the most important outcomes are decided, and if you are an expert on reading charts but you have a low emotional intelligence then you will make a mistake from which it will be almost impossible to recover.
That's what I thought before that you have to learn all the indicators to become a profitable trader. I learned many indicators but instead of making it easy for me to trade, it complicates my trades. If you're going to use an indicator to determine the trend, you can either choose moving averages or Bollinger bands, no need to use both of them in the chart because it's useless. And yes, emotional stability in trading is very important to be successful and that's why some people says that it's 90% psychology and 10% TA. Having knowledge with different indicators is I think better but there is more to it to make trading a success. There must be some thing that makes your trade complicated and I don't think it's about the indicator that you use because you said you already learned many of them. The two indicator that you use are popular and I always hear them but if we think combining indicators can help us better then why not? We only need to experiment what work better for us. Emotions are one of the factors involved in trading. It can make or break you but I think 90 percent of them is already too much. Like I said earlier there are more things involved in trading. |
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