Hey mates, how are y'all doing this good Friday? For memecoin enthusiasts, I just discovered this memecoin with the narrative of 'No more torture for holders' on the BNB chain called $HODL. Pretty good concept if you ask me. I also noticed the devs are the founders of Arbdoge, if you remember this meme from around 2023. So they may know what their doing lol.
As someone who's into memecoins, I think I'll keep an eye on this. Solid narrative, good community support, and CEX exposure too. Wanna ask though, what's that meme narrative that's got you intrigued?
If the developers have a proven track record, they may be able to generate hype and create a potentially profitable memecoin. Strong community support is also a positive sign. Ultimately, I believe the value of a memecoin depends on hype and community engagement. However, the high volatility of memecoins still give torture for holders hehe. Personally, I haven't found a memecoin that interests me yet. |
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Listen what this Austrian Economics / Mises Institute author of a book titled Better Money: Gold, Fiat, Or Bitcoin? says here: https://youtu.be/g7vI957pg7U&t=2597I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future. 🤦♂️ Regarding "Better Money: Gold, Fiat, or Bitcoin?", I believe that if the definition of money is simply a form of payment, fiat is the most practical choice. It's easy to use and relatively stable in value. Gold can be cumbersome, especially in physical form, and its high value makes it impractical for small transactions. Cryptocurrencies like Bitcoin, while potentially profitable, are too volatile for everyday use. Their prices can fluctuate drastically, and not all governments recognize them as legal tender. However, both gold and cryptocurrency can serve as valuable assets. Gold can protect against inflation, while cryptocurrency offers the potential for high returns, albeit with higher risk. As for the video, I have no specific comments on Bitcoin. While history suggests an upward trend, the future is uncertain and anything is possible. |
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5. Reputational risk: this is a type of risk that is the most dangerous risk that you can ever think of, because with a small mistake you will lose everything. This is a type of risk that is most done by newbies in business, because if the investment that they do crashes or fails, they will lose all their capital or shares that they have already invested in, which is capable of affecting any other business, but it most affects the newbies because there are certain businesses that are included as reputational risk businesses, like importing and exporting of goods, shipping, and many others.
Thank you for sharing this information about risk. Everything we do carries some level of risk, so knowledge and preparation are crucial. I'm particularly interested in reputational risk. You mentioned that a small mistake can have devastating consequences. How can we mitigate this risk, considering that everyone makes mistakes, regardless of their experience? If the stakes are so high, it seems like people would be hesitant to engage in activities that put their reputation on the line. |
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But let's get back to the near future in the 10-20 years our life Will be more easy and we will get more to do less.
Less work and more ways to become rich so i think it's good time to invest Luxury hotels brands cars like Lamborghini Ferrari stocks and clothing like cucci or another high brands because more people will become rich so they Will consume more Luxury products.
It all depends how it all goes techolodgy can create hell on earth or better life it depends how we choose to use it.
I don't think it will be easier, though. The human population is constantly increasing, while resources remain limited. Not everyone has access to new technology, either. For example, in my country, some areas still live like they did 10 years ago, with limited or no internet access. In those conditions, how can people leverage AI technology to improve their economic situation? I believe the supply of manual labor will exceed the demand, especially as AI takes over certain tasks. Therefore, I don't think more people will become wealthy and consume more luxury goods. The percentage of rich people won't change significantly, especially in underdeveloped countries. |
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I value religion and I'm not against it, but this post is concerning those who are religious and allow it to affect their mode of thinking, most people blindly believe in false teachings by some religious leaders and think what they believe on would favour them without putting effort, well I don't doubt that miracle happens but there are people who are too relaxed and put little effort towards making investments now to make their grey days work free and more easy.
I've overheard some false spiritual prophets mislead their audience, saying that Cryptocurrency is demonic and it's the money created through the government to mislead people to hell and that according to the holybook a general currency would be created and used by those who have the mark of the beast bla bla bla, all these are just blind informations used to mislead people I believe there were people in the stone age or time when cowries were used who would never believe fiat money would be used in the future and would be very shocked right now if they were present, so why are people still shocked and confused as the money system is now evolving to digital currency which is Cryptocurrency, which has many assets for investment especially Bitcoin.
I just hope those misleading their audience from making investment would read this place in the picture above, in their holy book (Ecclesiastes 11) where it talks about investing in different places cause you never can tell the bad luck they could have, alot of people missed an opportunity to invest in Cryptocurrency, Bitcoin especially cause they thought it was a scam or demonic but they were very unlucky to miss an opportunity to acquire wealth. Their are other people only depend on one source of income forgetting that things could go wrong and they'll be brought down to zero financial level. I'm not saying Bitcoin is the only investment option right now but people should spread their investment in different areas not only depending on office jobs, and most importantly avoid being misled by their religious leaders.
In my opinion, religious teachings are never meant to make us poor or suffer. On the contrary, they should help and protect us, at least in the religion I practice. The problem is that some individuals misuse religion for their own gain, manipulating it to deceive people into believing their teachings, even when those teachings go against the religion itself. What confuses and surprises me is how easily people tend to believe religious leaders' opinions without thinking critically or comparing those opinions to the scripture. After all, religious leaders are still human and can make mistakes. When it comes to cryptocurrency, my religion doesn't forbid it as an asset, but it doesn't consider it money either. The value of cryptocurrency is quite volatile, and it's not ideal for use as money because its purchasing power can change rapidly. In conclusion, we shouldn't blindly believe everything religious leaders say because they are human and subject to flaws like greed and personal biases. It's important to always think critically and refer to the scripture for guidance. |
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Wealth are not gambling or chasing the quick profit.
Wealth true strong wealth it's like energy creation of value+utility + hard work + quality+ and finest craftmemship.
Not just money and material things but everything even what you eat how you treat yourself.
The success and wealth it's all your lifestyle and how you also respect and treat yourself.
In life things happening to be the way that everything comes full If you are poor it's not just money problem you need better healt better education and better friends around you and more good vibes more quality and more value in material things and in knowledge and Even in your time.
In otherwords If you seems to not making money you have to change everything.
When it comes to investing in crypto or anything else those who really search for utility and value Will be winners.
I have learned hard way that money comes when i focus on value knowledge and hard work.
So If you surrounding yourself with people who value their time and they seek for quality and value then you connect with same kind of people.
People tend to think that If they see ultra super wealthy person and see the numbers that there is main thing money but it's not there is high value high quality of everything you have wealth more how you value your life your time and who you associate.
So in crypto it's fun to search fast gains but to be honest you make more wealth with patience and focusing in value and quality.
So the truth is you have to become quality minded person forget about numbers just focus on what ever you do it's associated with value and quality and utility
From your post, I understand that you believe the key to wealth is focusing on value, and I agree. Value creates demand, but it often takes time for that value to be recognized and appreciated. This means we need patience and a long-term perspective, as value is sustainable and the demand will eventually be there. However, I'd like to add that promoting what we have to offer is just as important as creating value. Even if we have something valuable, it won't benefit us if people don't know about it. This applies to our own skills and abilities, as well as to products like cryptocurrency. Even with great value and utility, they won't generate profit if they're not recognized. So, to summarize my perspective, I agree that focusing on value or quality is crucial, but we shouldn't neglect the promotion aspect. If people don't know about the value we offer, how can they appreciate and utilize it? This is true whether we're talking about ourselves or a product we're promoting. |
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what are methods you used to forget the market conditions and keep hodl?
In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.
please update what things you do
My holding strategy depends on the specific coin and my investment plan. For example, with Bitcoin, which has a history of generally increasing in value, I typically buy and hold, checking news related to it only once a month or twice every three months if my plan is to hold for at least a year. I also try to keep myself busy with other activities to avoid constantly obsessing over my investments. Remember, it's crucial to only invest money you can afford to lose. This way, you won't feel overwhelmed with regret if your investment goes to zero. Cryptocurrency is extremely volatile, so investing money you can't afford to lose can lead to panic and fear. |
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If you had to invest 1000 into memes would you rather go for 1000 Shiba Inu or
- 200 Dogecoin
- 200 Shiba Inu
- 200 Pepe
- 200 dogwifhat
- 200 Bonk
?
Of course, I would choose the second option to spread my investment across five different meme coins. At least, if one of them fails, I can still have hope in the others. However, there's still a high risk involved because meme coins, in general, are not suitable for long-term investments. Therefore, I think it's better to diversify investments into other types of coins, such as Bitcoin (BTC) or other altcoins like Ethereum (ETH). These are generally less volatile than meme coins. |
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I was in Costco the other day and was tempted to buy gold bars they were selling to diversify my portfolio. I have never bought gold as an investment before and it would be super easy and convenient to get it from my local Costco. For those who don't know Costco is a very popular supermarket in the US that sells everything from grocery to consumer electronics. Two things made me change my mind. 1) I asked the salesperson will Costco buy gold back when I want to cash in and sell it? He said no Costco only sells but won't buy it back. So buying gold from Costco would be super easy and convenient but when you want to sell it Costco says good luck you are on your own. 2) Costco charges a 2% fee over the spot price which is two to ten times what most crypto exchanges charge you to buy and sell bitcoin. I read a couple articles on the internet about how to sell gold and it seems a rather complicated and expensive process to do. Where do you even go to sell your gold besides a pawn shop (who will give you only half of what its worth if you're lucky)? Do you have to ship it to the buyer? Is escrow involved? How to sell gold without getting scammed.November 10, 2023 https://www.cbsnews.com/news/gold-prices-how-to-sell-your-gold/Is it really that hard to sell gold bars in the US? I mean, are there specialized places for selling gold jewelry and bars? When I search online, some trustworthy dealers come up, like JM Bullion, APMEX, and American Hartford Gold. In my country, it's easy to buy and sell gold jewelry and bars. You just go to a jewelry shop, and if you have the receipt, selling is simple. If you lose the receipt, there might be some verification needed, depending on the shop's policy. I think gold is a good way to protect your money from inflation since its price isn't as volatile as crypto. So there's still a good reason to buy gold, especially gold bars. CMIIW References |
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One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.
I think it's a matter of supply and demand. Five years ago, your colleague's skills may have been highly sought after, with low supply and high demand, leading to higher salaries. But now, the supply of people with those skills is higher, while demand may be lower or stagnant. This gives companies more options, so they can lower salaries and easily replace employees who don't agree. To stay competitive, we need to constantly improve our skills and perhaps take on more responsibilities to become indispensable to our employers. Additionally, diversifying our income sources can help. The resources are limited, but the number of people entering the job market keeps growing each year. This increases competition and can lead to some people experiencing economic hardship. |
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Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while some says it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.
So, who's responsible when the Coins dies?
In my opinion, the developers bear the primary responsibility for a coin becoming "dead." It's their job to create a compelling coin with good utility and to market it effectively to attract investors. When a coin loses value and investors withdraw, it's usually because the coin no longer serves a purpose or isn't interesting anymore. The blame mostly falls on the development team, as they are responsible for the coin's success. If the coin truly had potential, investors would trust the team and continue to invest. |
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Well, every other person seems to be saying that it is your fault that you are poor, improve your condition yourself, but no one tells you how to improve your condition when you are living in a country where there are places where you have to pay tax on even breathing. How to improve? How to make money? How to get rich in a rising inflation?
I belong to a country where jobs are non-existent, offline work is not something that can earn more money with less work or even with more work, it has become very difficult to earn a living with dignity. Online jobs are not allowed in our country, especially trading, so my question is, what job can a person do and improve his condition?
I have heard from everyone that it is not your fault to be born poor. Still, it is your fault to die poor, so my question is after so many restrictions, how can you survive without any opportunities or become rich and how can it be your fault if you are talented and well-educated and you don't have people to bribe or recommend? You are not given a chance anywhere to show your ability and any work that is online can't be done because your government doesn't allow you and if you do it, all authorities and forces will fall behind you.
Regards
SK
If there's a will, there's a way! If you can't find a good job in your area, starting a business could be a great option. You could sell products or offer your skills, either offline or online. Building an online brand is key to attracting potential clients. If cashing out from online work is a problem, you could find someone who can exchange your online money for cash. This way, you wouldn't have to withdraw directly. If this is a widespread issue in your country, others likely face the same challenge and may have already found solutions. Look for them in Facebook groups or other social media. Remember, you're not alone! Don't give up there's always a way to overcome obstacles and achieve your goals  |
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from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one. Web: https://schoolofmeme.fun/In my opinion, memecoins are primarily for fun and lack inherent value. They don't offer the kind of utility or technology that would make them essential to own. When considering investing, I think it's crucial to gauge the project's community. If there's genuine enthusiasm and engagement, it could lead to increased demand and price appreciation. However, I believe the hype surrounding memecoins tends to be short-lived due to their lack of intrinsic value. Ultimately, the decision to invest in memecoins rests with you. But always remember, as you mentioned, they carry a high risk of turning out to be scams. |
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I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Currently, in Q2 2024, I still believe that most altcoins beyond the top 10 are primarily for short to medium-term profit. One way I've found to potentially benefit is by participating in pre-sales of new projects and selling at public launch, as the price is often still favorable. However, if I truly believe in a project's potential, I might hold (HODL) a small portion, maybe 10-30%, for the long term. This way, even if the price drops, the impact isn't as severe. It's really challenging to find altcoin projects as promising as ETH. |
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Friend of mine knew that btc and gold gona go high. So one year Ago he called Banks Even to asian bank to ask money invest on markets he also told them he will do it smart Will do DCA....in gold and btc. The Banks was asking his knowledge and reason for money still did not give. So my friend told them look guys i know good info If i know that gold and btc will go then you guys should know it too it's a win:win you give money and i invest exacly on right time Banks was talking some bs reasons. So Banks and financial instutions are evil they don't want to cooperate with even with people who knows how make money from money it's like they don't want make money from money why we need them If they don't work with us? If the banks was gona give money everybody winner here banks make their money and my friend was gona make money and profit and my friend will be financially Free and with that knowledge Will only make money from money. And funny thing is my another friend who did apply for Job on hedge funds he predicted everything to them and showed Even where he got inside info and told them he knows how to make a lot money from money not even those guys who got degree will make that much money and they refused.....like wtf??? Are the banks and financial instutions here for money or not ? Instead of real knowledge how to make profit and money of money they hire someone with degree who has no clue even how the real money Made and no experince just degree and vision what to do and what's the moves how to make money from money....so why waste time and ask on the first place what IS the purpose of loan and vision If they don't give money anyways why so evil ? If someone who knows a lot Will put the facts and info front of their eyes and they still don't give money ? I mean a lot people can escape slave life 9-5 Job If banks could give them money to double triple it's win win they get back all the money and profit and they can see If person whos asking money or job knows really things but they still refuse So Im asking what's the bankers and financial instutions real agenda because it doesn't seems like they want to make money together self learned very smart and experinced people yet they ask questions like purpose of loan and idea for what ....yet they see all the info and even exacly timing of Market prices front of their eyes and they still refuse wtf  Im against to them If someone knows same things like they put front of them and without School education or degree and very smart with smart ways to find about whales and activities of big financial instutions and banks still don't give funds Like wtf? The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ? In my opinion . It's not that banks are inherently unwilling to cooperate with individuals like your friend. However, they are cautious about investing with those claiming market-beating knowledge due to several factors. Primarily, they prioritize risk management and must adhere to strict regulations, limiting their exposure to volatile assets like Bitcoin and gold. Thorough due diligence is necessary to verify information and assess track records before lending large sums. Additionally, banks often have their own investment strategies and research departments, potentially conflicting with the individual's views. They may also have access to more comprehensive data and analysis, leading to a different market perspective. Ultimately, banks prioritize long-term financial stability and prefer experienced professionals with proven track records, making it challenging for individuals without formal qualifications to gain their trust. CMIIW |
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Now it seems to me that money is all there is to survive in the world. Since 2020, since family finances have worsened, it is slowly seeming like money is everything in this world. Where there is no money you will find nothing. There is a saying that many people say, money can never buy you happiness but to me this is the funniest saying. Because without money you can never get all the things you want for happiness. In every case in this world you must depend on money to survive. Now I have to force myself to believe that at the end of the day it seems impossible to run this world without money. Where you have to depend on money to do every job or take every step, from studying, there is no other way and at the end of the day it seems to me that studying where there is financial insecurity is also unusual or not worth it. Because when you see that your father in your family has taken the responsibility of your entire family on his shoulders and it has become much more difficult for him to carry the responsibility of the family, then you will no longer want to do anything other than earning money, then only the sense of responsibility will work in your head. I don't know how accurate my words are but to me it seems right now in this situation.
I agree that in today's world, almost everything requires money, and it's true that money can contribute to happiness. However, it's crucial not to be blinded by it. When we focus too much on money, we may sacrifice our health, relationships, and even our values to acquire it. Moreover, not everything can be bought with money. I believe that when we do good things for others, we shouldn't focus on potential financial gain but act with genuine intentions. Money should be a bonus, not the primary motivator. I've encountered people who equate money with happiness and judge others based on their wealth, leading to shallow and transient relationships. This mindset ultimately creates a life filled with people who come and go based solely on financial status, which is a hollow existence. |
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Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.
I believe there's no business that can truly run without capital. Even if you don't have money, you still need the will and determination to succeed, which can be considered a form of capital. In my opinion, starting affiliate marketing without money, skills, or connections would be extremely difficult and time-consuming. You lack the funds for advertising, the ability to effectively sell products, and the network to reach potential customers. Therefore, it's better to treat affiliate marketing as a side hustle while maintaining a stable main job until the income from affiliate marketing becomes consistent and surpasses your primary income. I agree that once you become an expert in affiliate marketing, you can generate daily profits due to your developed sales skills, which are invaluable. |
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Turning a hobby into a business sounds so fun! But I bet it has its challenges too. What did you do for fun that you managed to monetize? I wanna hear all about how you went from hobbyist to entrepreneur!
Tell me, what struggles popped up as you worked to turn your passion into a profit? How did you push past them? Got any pro tips you can share to help other hobby lovers try to make it big? I love hearing stories of folks who bet on themselves and won.
In the past, I used to monetize my gaming hobbies, like selling gold or currency in MMORPGs (called RMT), selling high-level accounts, and sometimes helping people rank up in competitive MOBAs. But when a hobby becomes a job, it's just not fun anymore. It becomes a responsibility, and I can't relax until I finish the order. Now, I'm trying a different approach. I'm looking for a skill that's in high demand and can make money, and then trying to love it. Maybe this way I can still have fun while making money. Who knows? |
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