Yes some credits are good as long as you can pay for it. I have a someone I knew that her addiction is to take out a loan, she even uses our name just for her to take a loan, and those sharks are invading our privacy. If money from credit or loans are being used to investment or to repay other credits then I think there's no wrong about it. Again, it is okay to have credit card as long as you can for it and you are a good credit payer.
Yes I actually hear this a lot and some of it becomes trouble. Friend of mine or family of mine had the same issue too one of them ask me to loan some money by using my name but I only help the closes friend and limited amount because it will be dangerous if person run away Habits like that in terms of making loans are certainly worrying, especially for yourself, just imagine if it uses our name and they run away then what will be searched or billed is us, what is clear is that things like that often happen so we need to be careful. |
|
|
|
My friend loves opening different trades at a time, most at times is difficult for him to control what's should be. Trading on free chart with multiple opening can be very dangerous. Yesterday he experience unusual hit when bitcoin price drops again, four trades loss at once when the market go against him. Personally I don't advise multiple trade especially when you're not familiar with trade
I don't have any idea what he thinks of having that strategy. With his losing experience, I think it was enough for your friend to realize that it was a wrong strategy and stop it otherwise, he will lose more if he continues doing that until such time he got empty. Well, it usually happens that our thinking went wrong, and we can never find it early. Your friend has to open his eyes and look at what happened to his trade as it is no longer profitable anymore. In fact, even pro-traders never use this way as it was not easy to manage. If it continues, of course it will only be a waste of time and will make a loss, the wrong strategy is as soon as possible to stop and look for other alternative strategies, Again, it all depends on each other's decisions. |
|
|
|
Saving money in the bank is always save and secured but considering the collapse of silicon valley bank I fear for our bank account, the security of bank account is not guarantee but the risk of losing money from bank account is low considering that of online
No place to save money is 100% safe because the potential for unwanted things to happen is still there, even if you keep money under your mattress. but what needs to be underlined here is that if you save your own money, you are fully responsible for the money you save. however if you save money in a bank there are other parties who are competent in this field who will be responsible if something happens to the money you have saved. Again, the decision is in the hands of each and whether it's saving money in the bank or keeping it yourself, I think it has its own advantages and disadvantages, indeed nothing is 100% safe and of course there will always be a risk of losing. |
|
|
|
-snip-
Investing in the right coins is important so we can get big profits. And people tend to invest in altcoins and most invest in new coins they don't know about. But if they can choose to invest in bitcoin, they can at least benefit in the future.
It cannot be the right action when the beginning of the investment expects large profits. Because there will be many risks that will be borne before the profits come. Bitcoin is the right choice as the main long-term investment without doing any more research. But if you want to get into altcoins then it is necessary to do research. Altcoin will be more challenging because of the greater risk, and rapid price fluctuations depending on how the Bitcoin price is doing. If he can accept the risks and knows how to deal with them, he can continue investing while waiting for the bitcoin price to increase. We can't expect to get big profits at the beginning of the investment, but we need to guard against emotions that might go up and down along with unstable market movements. If we can hold bitcoin well, the emotion will not change and we can keep investing in bitcoin without any problems. And if you are confused about choosing a coin, you can just invest in bitcoin instead of looking for altcoins because altcoin movements will be wilder than bitcoin. When it comes to investing in Bitcoin it will be good and promising for long term investment, and it proves to be profitable but it does need patience too, The most important thing is to decide where to invest first. |
|
|
|
Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.
Either way it's a good thing but we need to look at it as a whole because anything can happen, hope Bitcoin continues to show a positive trend, the important thing is to continue to follow developments and let's see whether it will be a bull run or not. |
|
|
|
There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
you could say that Ethereum is the king of altcoins, but because Ethereum's Gas Fees are still expensive I think a lot of people complain about it and make Ethereum even more hated, but until now Ethereum has always shown that they are still the king altcoin, it can be seen that Ethereum is still above Binance, Matic, and even the killer Polkadot. |
|
|
|
What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?
almost 2 years when you ask this question and also have seen how the market of cake flows, yes it reached 44 dollars in April same year you posted this, so maybe the answer is clear for now (maybe there is changes in the next Bull run but we knew nothing about that) Cake is not going to reach 50$ today or even this year. so maybe this thread is enough and nothing to go further. but cake is still a good project as swapping comes good back in the days. in the 2021 bullrun, CAKE can reach more than $ 40, and now it's indeed a bearish season that is sweeping the world of crypto currency, so it's not surprising that the price of Cake drops sharply, but for $ 50 more it is possible that it can still be achieved, especially now that the price of Cake is still very cheap, of course this is a great opportunity. |
|
|
|
|
the current price of Doge is still at $ 0.082,
which means that in my opinion 1 Doge is still very expensive compared to before Doge experienced the Pump from ELon Musk,
which only costs 1 Doge = $ 0.002 to $ 0.005,
I would prefer to buy Doge if the price of Doge dumps to $ 0.02 -$0.04, good luck.
|
|
|
|
The question of if or if not an old trading strategy can work again depends on if the strategy is outdated or not, not whether it is old.
If the strategy is outdated due to a better, more accurate strategy existing or because the strategy does not work for modern times, then obviously it is better to avoid it and go with something better. But again, in order to find that out you have to understand the fundamental workings of said strategy. Some of them are completely timeless while others have gone completely extinct since the age of the internet.
But this topic has gotten me thinking...I would love to go through some ancient trading strategies, perhaps I can find resurrect a hidden gem?
Sometimes, being old is also associated with being outdated. But yes, I also believe that it’s not how old the strategy is, as long as it’s still functional and not outdated, it can still be a perfect strategy to use. But if in case the strategy is already outdated and not being updated or level up, there’s really chances that it will never work again. Also you have to evaluate and retest too if it will not gonna work anymore before abandoning it. True, even though the strategy can be said to be old, if it's still relevant, I don't think it's a problem, we judge strategy from a functional standpoint and that's the way it should be, besides that it's not easy to find a strategy that suits us. |
|
|
|
Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).
What are your thoughts?
NEO is just been overhyped, the project keeps getting mentioned as a potential top coin to invest in for the last two bull market yet nothing has happened. The coin has just be underperforming and I don't think this bull market will be different. Instead of investing in NEO I'll invest in GAS, which is the token you get for holding NEO. I don't know if that still happens but when I invested in this project last 4 years I remember I could claim GAS and sell on exchanges. I didn't see BNB on the list, that's a big project in Asia and they always pump it. It'll put my bet on BNB to be more successful than those tokens you listed. Don't think because BNB is already worth hundreds of dollars that it can't pump. BNB is not positioning itself as a Chinese project. In fact, no one probably knows what jurisdiction Binance has. There are a lot of Asian projects on the market, but that does not mean they will all be pumped up. We are talking specifically about Chinese coins, which is why BNB is not on the list. It also seems to me that pumping will be until June to sell at the event afterwards. I agree that BNB is not a Chinese coin which can be bullish because of good news from China, because BNB has become a world coin like Ethereum, different from CFX or CKB because they really focus on China, but there is one altcoin that I think deserves we collect until June arrives, that is VSYS. VSYS is one of the underated coins from China which is rarely discussed and is not yet on Binance, of course this will be very easy to pump if good news from China arrives again. |
|
|
|
|
altcoins currently have great potential to pump compared to Bitcoin, especially Doge which is always being tweeted by elon musk,
and you can see for yourself how Doge reacts when it arrives, and yes Doge has increased,
from that I know that altcoins are currently the best is Doge followed by BNB and Ethereum.
|
|
|
|
Those individuals who are newbies will not have such idea about bear and bull market but you can get these information and all other informations about price prediction by joining the Telegram group.
Every crypto investors, and newbies in special, should be careful with such Telegram groups, because they may be operated by scammers or impersonators. By following the wrong predictions from self-proclaimed crypto experts can lead investors to partial or total losses of their portfolios. So analyze very well what groups you are joining, to who they belong and if it worth to follow the signals shared there or not. In general, an investor needs to make a lot of mistakes before he starts to make a profit. I also fell prey to Twitter or Telegram scammers, reading about another shitcoin, which can bring huge profits. Later, when you lose money, you start thinking for yourself. You can say that mistakes here are paid for with real money, or even it can be called experience, not mistakes. After all it is part of the process so I think the more experience you have the better you will know what to do, we can learn from previous bitter experiences so we don't repeat the same thing, what is certain is that you need to realize that making a profit requires a process. |
|
|
|
|
one of the good coins in my opinion, when viewed from the technical analysis of FTM there is a possibility of being able to reach $ 0.1 in the near future,
provided that the price of Bitcoin does not experience a dump, and from a fundamental point of view Fantom is really very good and can even become a rival of Ethereum,
of course for the long term FTM can be a great option for investment.
|
|
|
|
|
one of the top altcoins in my opinion so far is Dogecoin,
this has been proven that Doge coin really has a very high ROI compared to Ethereum or XRP,
and I see people saying that Doge is dead?
this is a joke for me because Doge will still live and I guarantee that Doge will be the top crypto currency after Bitcoin even Ethereum might lose.
|
|
|
|
for investment I recommend going to Altcoins, but for trading of course Bitcoin can be an option, the reason is very easy, that altcoins can make you achieve 100x profit on investment,
it's just that you have to really choose alrcoin investments which are good in terms of fundamentals , yes there are lots of potential altcoins, for example Nervos and Verasity,
try investing in these altcoins and wait for the bull market to come.
For a long-term investment, I'll choose BTC and some of the altcoins that I think the price will skyrocket in the future if you are holding for a long period of time. And, taking advantage of the crypto market is profitable if you have a target percent that you want to earn for a day when doing future trading with BTC doing a scalping strategy. Sure, investing in BTC and selected altcoins for the long term can potentially yield high returns. Additionally, engaging in short term future trading with a scalping strategy can also be profitable if executed correctly. It's important to have a well-researched investment strategy and be aware of the risks involved in the highly volatile crypto market. Yes it is the right decision specially Bitcoin for long term investment it is no doubt, if you talk about the short term, the scalping strategy will be very suitable, besides that what must be considered is that in choosing coins for trading it must be right. |
|
|
|
I will agree with OP that we are still in the bear market but it not as dip as it was in 2022. This time it is not just the dip we are aiming to buy because it might not occur again. Until another ATH is reached. I will simply stick to DCA and take profit when i think the price looks favourable.
There’s still no confirmation of a bull trend so technically, we are still down and the price right can still change. Doing DCA is good because ATH will always happen with Bitcoin, time can tell and the price is still cheap if you’ll look at it for long term. The best time is when you have extra money already and when you are already willing to take the risk, you can buy more Bitcoin with this. It looks like bullish isn't going to happen any time soon and right now anything can still happen, and the best time that knows and that can determine only ourselves, what is clear is that investing in Bitcoin is never wrong as long as we can really manage it properly. |
|
|
|
I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.
If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?
We all know that job is a very tough job and job requires a lot of hard work. And everyone wants to work in a relaxed way so if my passive income is more than or equal to my salary I will definitely quit my job no doubt. And I am personally employed and also have some income from crypto currency, trying to cause a business that will give me much more freedom than a job. So of course if I have passive income I won't do hard work like a job anymore Basically everyone has their own decision and for me it might be much better if we have more than one source of income, because we never know what the future will be like, besides that it is also important to have stable income and passive income. |
|
|
|
-snip-
It's not just cryptocurrency that unites us all. We all became different after we learned about her, and went deeper into her knowledge. And now, even if someone is not very lucky to increase their deposit, then you probably have accumulated experience, and you can share it.
During these five years I have missed a lot of momentum that if only I could capitalize on it it was possible for me to make a big profit, but unfortunately luck was not on my side and I didn't give up despite in previous years not being able to capitalize on every momentum properly but I am optimistic that there will still be better momentum in 2024 when the bull market comes and I will not repeat the same mistakes as the previous year because past failures have become very valuable lessons for me. Having been here for five years, of course you have a lot of experience and there is no need to doubt it, hopefully indeed in 2024 the bull market will really come so that it can take advantage of the momentum, the most important thing is to keep trying and preparing so you don't experience failure again. |
|
|
|
Why nobody wants to buy at low prices? Now when the price is rising it’s a bit too late don’t you think?
Because they need lower prices, some people make an impact by spreading FUD to increase their long positions. Decision-making is challenging and the possibility of making the wrong decision comes only at a time when they feel panic. Their greedy nature makes them always at the wrong time. I think it's not a lesson, but a bond of nature. It's true that their greedy nature makes them do everything they can to achieve their goals without thinking about the consequences, I think nowadays more and more people don't easily believe in FUD, greed in the end will only make you lose yourself. |
|
|
|
|
Show Posts
