Holding is only for those you can afford to take risks for the rainy day and as long as the earth remains challanges are part of human experience and as such so much would tempt one sell some coin. But there is always a short break for every human figure represented on earth where you have little or no need for money but it keeps coming in and that's the best time to invest other than save.
Saving has been the traditional way of planning for the future where people bank their funds in commercial banking sector waiting for when the need to take back from the bank arises even when we had centralized stocks where people could invest in many still thought it was wiser to deal directly with banks other than investing.
Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving
You are probably right that some of the new people who have come to the crypto market choose the opportunity to invest in cryptocurrencies rather than just buying and saving crypto assets. As for me, this, according to their logic, should give them more profit and in a short period of time, which is certainly more attractive, although as you noted, more risky. In the past few years, I personally became convinced that many of my acquaintances have become investors and, judging by their stories, this is now the best way for them to generate income. |
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They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
Unfortunately, it is not always right to look at the rich and count other people's money. I believe that in order to achieve success or, for example, in order to become rich, you need to make a huge amount of effort on your own or just be born into a rich family. Moreover, I do not think that the big players will want to see more people like them, because this can curtail their wealth and make them less powerful. You also need to take into account the fact that most often wealth appears due to not entirely honest methods, which means that for this it will be necessary to break the laws. I don't think this is a good idea. But if you really want to be like the people of Wall Street, then I can only wish you luck. |
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Proof of authentication: - Azbit registration Email: vovchik383@gmail.com- BLUESPARROW address on Azbit: 0x4976d844456d94dc878a3a1c4b1d209faf3a34ae - Telegram Username: @venbusiness - Campaigns applied for: Medium, Twitter, Instagram |
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For me personally, Elon Musk is just a person who is manipulated by bigger players. Everything it says about cryptocurrency and BTC is all custom. In simple words, he is simply paid to write something on his pages on social networks. If Elon Musk were really interested in cryptocurrencies, then he would have transferred his business to the blockchain a long time ago, and accepted payment only in BTC or another cryptocurrency, or moreover, for example, he would have launched his personal cryptocurrency. But why doesn't he do it? Because he will not be allowed to do this and it is easier to make a profit by manipulating the cryptocurrency market. |
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Hello,
2022 is the time to buy or sell? If it is time to buy, then which coins or tokens?
Thank you.
I believe that there is no 100% correct answer to this question, but an assumption can be made. For example, many expected the main growth in cryptocurrency prices at the end of 2021, that is, now, but as we can see it is not there, which means there is a possibility that it could be postponed to a later date. There is a number of different information from which it follows that the flight to the moon may begin in the spring of 2022, but if it also does not exist, then by the end of 2022. To be honest, it is difficult to believe this information, since the crypto market is not predictable, especially now when a lot of negative things are happening in the world. In any case, everything related to BTC and, for example, ETH, will sooner or later end with another growth. |
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According to Investopedia, "The term shitcoin refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose." They are characterized by short-term price increases followed by nosedives caused by investors who want to capitalize on short-term gains. On the other hand, "A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest your money and generate high returns with little or no risk."- Investor.gov. In my opinion, shitcoins are ponzi schemes, they have no goals, no direction nothing other than to rip-off folks who buy invest in it and hope that they're gonna make it big overnight not knowing that the odds are against them. I might be wrong but this is just what I think. Do share with me your thoughts. Thank you. https://www.investopedia.com/terms/s/shitcoin.asphttps://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-schemeOn the one hand, you are right, since now there are a lot of cryptocurrencies that really do not carry value, but are simply created to receive money from those who buy these cryptocurrencies. In this case, it really looks like using a ponzi circuit. On the other hand, these cryptocurrencies still have a certain positive direction, namely, they help to attract more people to study and own cryptocurrencies, although this ultimately leads to the disappointment of many who ended up using such a scheme. |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear  As practice has already shown, the one who at the very beginning bought BTC and would sell it now, would not receive a really big profit. From this side, it is profitable to hold cryptocurrencies for maximum profit, but this takes a lot of time, and you want to get profit right now. To do this, some people start trading cryptocurrency, which allows you to simultaneously be a holder of cryptocurrencies and make a profit. From this point of view, it is really better to be a trader. Although there is a third option, for example, to hold some of the cryptocurrencies, and to trade the other part. |
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According to Economic Confidential blog " IMF says, Crypto Assets May Displace Local Currencies in Developing Countries". Source: Economic Confidential, Facebook page..
Bitcoin is taking over the internet for online transaction, therefore, most of the local currencies in the developing Nations are affected.. because developing Nations are not inclined in the e-currency transaction while the new generation youths use the e-currency for transactions. That making the local currency weak.
Can Bitcoin really weaken the Local Currencies in the Developing Nations?
I don't think BTC will be able to weaken the local currencies of developing and other countries. The fact is that BTC takes a long time to carry out transactions and high commissions, which in turn will not be able to ensure the work of trade and other areas. BTC is currently good as a means of accumulating wealth or just to make money, but unfortunately not for using it instead of local currencies. Moreover, the price of BTC is very volatile, which is also not suitable for use as a substitute for local currency. |
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Sorry but hodlers who buy with dca method are the winners in this game.
Dollar cost average is by far one of the best methods many dont like it as they dont have patience.
We the people want to see results always too fast if not we not interested only few the handful can really do the buy the dips combined mixed with dca style buying.
I believe that both holders and short-term traders can make money with BTC however there are some differences. For example, in order to become a BTC holder now and have excellent profit in the future, provided the price of BTC rises, you need to invest a large amount of money in BTC, but what if there is no such money? Then you should probably try yourself in BTC trading, which, in principle, many do. I believe that in this case, some can win that others, however, provided that they know how the crypto market works and they have some experience, without this there is a chance to lose everything. |
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