Earning online is becoming preferably easy for people since the covid-19 time when people could no longer go for there physical job again. Trading and cryptocurrency investment is one of the things we can do as well to earn online and now more people are going to it to learn and trade. There are so many other things we could do to earn online too like writing for projects and companies, applying for sales representatives, drop shipping and many others we can always do in our comfort zone without any issues or going from one place to another. As the world keep advancing in technology.
Earning in the comfort of our homes is really best, but again, you should make sure that it is profitable. Like you said, if you are just starting out and want to really transition online, then it is not a good idea. Yes, online is very convenient, but if you are not earning enough, that is not good. It is better to go offline for work that is stable than online. That is why others continue working offline, but they made the online one their side hustle as they can do both. well, if we still can't make a lot of money offline, then we need to learn that. we know that the potential for online jobs is great. in my own country very many people are slowly expanding their offline business to online. That's because consumers can get more. However, if we have an offline job, or an offline business, we need to maintain it, even when we are making huge profits online. besides that, online business is not a business that we can easily learn. Online business sometimes needs to be studied and analyzed because market desires tend to change. but, the potential is really big even with not too big capital. |
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if it asks for opinions, then it will have varying answers. personally, I feel it is the same. we both want good results, and we both wait, and we also get the same results. it's just that, if we look deeper, bounty hunters will lose the time they have with also some effort, it may not be comparable to investors who have invested very much and they also lose time. however, whether they are equal or not, both are exposed to the risk of loss in investing in new projects. however, I think investors will experience more stress than bounty hunters.
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So far, I have collaborated with many other people, and some of these collaborations have ended badly, and some are still ongoing. However, in the end these people are not using the money as well as possible for business, but also for their needs. Of course the biggest fear when working with someone is when that person is not trusted. it destroys trust, friendships, and other good things that have been built up over the years. well, so, if I do cooperation with other people, then I might limit the funds that I will give. no one knows what will happen in the future.
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not surprised by that. I think many people feel the same way, I've even made transactions with higher fees than that. After all, it's a thing that needs to be done, so like it or not, we have to pay that fee to make a transaction. The only way to make cheap transactions is to always check the gas fee. If at that time the gas is cheap, then make a transaction, that way you might get a cheaper fee.
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in fact, this can be done if your friend has other savings for his old age. You are right, that investing in bitcoin using a pension fund is a very risky thing. if the person only has a pension fund as collateral at this time, then it will be very risky. despite the fact that bitcoin is profitable for many people, and its price tends to increase, no one can predict the future. In addition, he can use 20 to 30% of his retirement funds to invest as long as he is willing to lose that amount.
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The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?
Is there anything wrong if we go for the two? I mean that, as long as I have the means, I would invest in real estate, and also invest in cryptocurrencies, is that the best strategy? if possible, I could also invest in gold and silver too. What am I saying in essence?, there is no limit to what a man can invest in, as long as all this are genuine investments, and you don't end up in a scam, for all I know, the more the diversification of our investment portfolio, the better we are set to face the future with a good level of guarantee for our financial freedom and stability. well, it would be very good to choose both. for after all it is not good to put them all in one basket. it's just that, real estate is an investment that everyone can benefit from, while crypto investment can only be utilized by people who understand technology. Many Old man don't know much about technology and tend to think that most of investing on the internet is a scam because there are so many things they don't see. However, they are really good at leveraging real estate. Personally, I benefit from both sources of income. Leveraging crypto has great potential in terms of returns and risks, and when I succeed in that, I will direct some of my profits into real estate. it can be a wise decision as an investor. |
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well, he can start investing in bitcoin from $30 as long as it is value he is willing to lose. Besides that, apart from explaining how the system makes profits in investing in bitcoin, I might also emphasize that this is a risky investment.
With $ 30, the percentage of profit he gets will not be too big, and the value of the profit he can get is directly proportional to the value of his investment. the higher the investment he gives, the greater the potential for profit. however, the risk is also greater.
If your friend is as consistent in investing as he would be in investing the $30 he has in bitcoin, then that's a good move. however, if he is only out $30 and trying to increase his value from $30, then I might recommend investing in a less expensive altcoin.
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If you are living in poor country with very bad currency Bitcoin can certainly help you with poverty. In my country wages decreased gradually beyond absurd levels so everyone around me work for something like 600-1600 USD which is very low when we compare with European countries. But Bitcoin helped me protect my wealth in eras where our currency depreciated. Bitcoin's mere existence helped many people around the world.
well, basically bitcoin can indeed help us in economic problems if we also know how to use it. If someone in a poor country could take advantage of bitcoin then it could really help them with the economic problems they have. I've watched several documentaries that say that some poor countries even the average income of their citizens is not up to $ 100 per month, or not even more than $ 50. If they knew how to capitalize on bitcoin then I'm pretty sure they could increase their income significantly. |
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did not rule out that the price of Bitcoin could reach $ 60k this year. however, it requires encouragement from positive information from Bitcoin. Personally, I think that it's quite difficult to achieve this year, but the potential is still there because we don't know what will happen in the future. if positive winds come for Bitcoin, then a price recovery could quickly occur and may approach $60k quickly. However, looking at current developments, the ideal price for bitcoin to be reached this year is in the $40k range.
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Yes and No, it depends on how much this side job is fetching you, some side jobs are for extra money and they are not much and some are so good that you can be able to invest using such money.
I don't like side jobs because you are still going to work under someone, I won't expect anything great or life changing from this, it will be good if you can learn a skill that's not going away any time soon, a skill that will last you for a very long term, for example, I.T specialist.
Your life starts changing the moment money starts flowing into your bank account from different sources of income, a good side job or business can be very handy for a grown up man.
I think side jobs don't just refer to working under someone. however, developing a business is also included in a side job. However, the aim of side jobs is to increase income which leads to improvement and stability of one's finances. many people seek and develop their side job, then leave their main job because the side job has a bigger income. However, I think people who have second jobs or businesses have a goal of improving their finances. |
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well, I think this is a normal thing. in fact, every day the price of bitcoin always goes up and down a few percent. wants and needs happen every day, then buying and selling will happen and cause the price of bitcoin to go up and down, even as you say. it is normal. besides that, the decline in bitcoin prices is also sometimes caused by FUD. However, it seems that the current decline still looks normal.
After all, if you look broadly, and pay attention to the development of the bitcoin price from the beginning of this year to the present, then you will see the chart is rising and recovering.
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I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
Taking risks is important or not depending on your readiness. if you are someone who does not accept if your assets are lost, or reduced by a large amount, then taking risks is highly not recommended. meanwhile, if you are ready with it, then you just need to find an investment that you think has great potential. Personally, I have the same thoughts as you. I'm afraid of losing the money I have, so I don't take big risks, and try to invest what I'm willing to lose. however, I don't think I would invest with 80% of my savings. I separate savings with money to invest. Apart from that, I also think that 20% of my income to invest is a pretty good value. |
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Never advisable to invest or to put it only in one bucket. Would be better to diversify it so if incase things happen against your expectations, atleast other tokens could compensate what you have lost. But if you are too eager for such investment plan, go for what would give you less risk; Bitcoin or Ethereum. These two are the leading cryptos in this industry so if it is just assurance or let us say bigger chance to recover from every market price downfall, then these two would really be good options. In the long run, their market prices have been increasing in a continuous manner but not consistent ofcourse. But at the least, these are the tokens which follows the trend before other cryptos.
well, it is very dangerous to keep all the assets we have in one basket. However, sharing it across multiple investment sites can also be a bad idea. it would be better if we divide the investment that we have into several parts. with $40k, it might be better to divide our investment into 4 or 6 assets. Besides, choose popular crypto types, such as bitcoin, ethereum and other popular coins. the reason is because these coins are coins that have the lowest level of risk compared to other altcoins. however, the risk is still there, it's just that we try to reduce it. |
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if bitcoin can't reach ATH again, then people will just take advantage of the volatility that occurs at the price that is being reached at that price. the potential for bitcoin will always be there because the price goes up and down. In addition, the potential for bitcoin to reach new ATH is still very large. price developments from year to year also prove that bitcoin price developments continue to occur. although there have been some significant declines due to FUD, the potential for ATH for bitcoin is still very large.
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It is better to have something rather than having nothing. Future plans are always a good thing to have in order to have a good life. Without ambition, life is useless. Enjoy the life as much as you can, and in order to maintain that also have a plan to support yourself in the time of emergencies.
It's a good idea to make a savings for some reason. Without reason, people find it hard to keep that money in their savings. Having a reason will prevent anyone to use that money for other reasons. It makes saving easy until the reason is fulfilled.
saving and investing are decisions we usually make for the future we have, and that includes old age. we need to save the money we have, not just for emergencies but for the old age we have. it is very true that the value of the money we save is always reduced due to inflation and other economic problems. however, it is a decision that has proven long ago to be a lifesaver in old age. besides that, looking for investments that can give us profit every month is a must. in old age, we need to consider that we can no longer work, so we need that type of investment. |
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Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
It is hard to suggest if you should buy BNB now. What I can suggest is you evaluate the movement of the market and check also it's historical price before buying. If you feel that your research is enough and you feel you need to buy it just follow your instinct. If i were you i will buy a stable coin first and stake it to earn some profits while waiting for the price of BNB to go down before i will decide to invest in BNB. Wait for the proper timing so that you will not regret your investment. if we look at the price movement of BNB from the beginning of this year, it has increased quite a bit. this is because BNB is still a recommended coin, and is still a popular coin that exists today. So far, it's been a lot of FUD for BNB. however, because the price movement is quite improving following the bitcoin price, I think that it is still a good decision to buy BNB at this time. however, if you want to wait for the price to get even cheaper, that's not a problem. however, if the market starts to recover again, I think BNB prices could go even higher. |
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As 2023 is going to be a tremendous year, and the elite are working towards the new world order whereby new digital currency will be introduced. If btc happens not to be part of that agenda, so will investing into btc against 2024 a wise decision?
what's great about bitcoin is that it's a decentralized system, so I'm still pretty sure that having lots of bitcoins in 2024 is a very good thing. besides that, considering that the halving will also occur, the potential price of bitcoin could be very high. Governments may have their own plans regarding the world economic system, but I don't think it will really affect bitcoin unless they focus on destroying bitcoin. if you have doubts about this, you can invest little by little. Remember, don't invest more than you can afford to lose. |
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well, it's only natural that women are also involved in this, even deep into crypto trading, or something related to crypto. however, men still dominate, as most women are not that interested in trading. they are more interested in being involved in a company and being paid based on it. however, I know several women who are also quite adept at trading crypto, and I think that's a natural thing.
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