Well this is very good news for investors that hodl XRP tokens. We are seeing profits of 70% from yesterday after the judge ordered Ripple is not a security. Profits went as high as 96% after the court decision was made.
But we must understand that the law suit is not over. It is still a big victory for Ripple against the sec and for all crypto community. I think we will see more gains for xrp this week.
Despite that this lawsuit is still not over but this should be celebrated too, all of this is also inseparable from the role of the community that continues to support, in the future hopefully there will be more good news for XRP. |
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As always market is in the roller coaster once again, with so many FUDs on going the market will have a hard time recovering from its dip. Despite all that, it still a good time to buy assets during these times because it is a discount price that eventually will have a good indications to rise up once the market to fully recover especially with the bull market seasons this year.
Can't change the way it works but to normally see it pump today and it dump by the following days. But guess what, I'd love how it is going as in this way we have been given the chance to buy low and sell high, it actually gives us favor to earn a profit. That is why we shouldn't have to become crazy and get worried when the price drop because it recovers again. And this is the reason also that we need to learn to hold and must control our emotions. Sometimes there are still many people who panic and worry when the price drops and that makes them make the wrong decision, this is the importance of us to control emotions, in the face of any condition need a calm so that we can think clearly. |
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For your business, brand, or product to grow you have to make a conscious effort to make it more. Your service or product has to be superb, but I believe your marketing needs to be better.
A product is only as good as advertised.
Good products that can sell themselves will sell better if there is good marketing for them. Marketing is very powerful and useful to business that even bad products will sell well if they have good marketing to promote it. Many business people who know the power of marketing invest heavily in promoting their products, they go as far as hiring professional marketing teams that will use the full power of the media through adverts, become sponsors to major events and even Hire celebrities on contracts to promote their products. They spend a lot for this because they know they will make it back more if their marketing strategy is successful. This is done because they know that good marketing will increase sales and many more things, Indeed, investing in marketing requires high costs, of course, but with what you get, of course it's worth it, Doing marketing is not easy either and requires competent people. |
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For me, I can see the next cryptocurrency opportunity is a "problem solver".
A project that solves the problem. Most of the cryptocurrencies we have right now are don't have yet any working product, or still not used in real life which for me is a red flag.
So my recommendation is a type of project that already have a "working product", good tokenomics and it is solving a real life problem.
I've seen projects in the past that has a use-case that's very beneficial for us. The only problem though is that, either they have a small community thus, it failed because of lack of support, or the project rug pulled including the money that they have. I believe that in the future, there will be projects that will be beneficial for us in our every day lives. I don't know what, but I believe that there will be. The problem with some projects right now is, they are focusing more on the money than on the project. We've seen projects that are asking for money towards the investors, and in return, they will create and develop the project. I mean it would be better for us, and for the developers if they will create the project first then ask for money to us investors. I just hope that there will be changes in the future. the truth is, we have seen a lot of promising projects in this forum alone. before, i used to check projects in the ANN section. but lately, not really keen on checking them out. most of them don't have sincerity when it comes to implementation of their objectives. just quick cash for the dev/s pockets. so if you want to have a lil bit of assurance that you will invest on a valuable project, better check in the top alts and see how they are doing with their developments. Many projects are not promising and that's why always do research before investing in a project, of course we don't want to spend time just for losses, besides that sometimes projects offer big risks and the results we get are not worth the risk. |
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This strategy has been followed by many big investors for a long time. However you can buy btc and store it in coinbase wallet and as far as I'm concerned there won't be any problem. In fact i have been using coinbase wallet for many years without any danger. Moreover, hide all your information and especially mail.
But if you get a bull market then it is better to sell even buying at this time is like a big competition for you target.
Your suggestion is really nice to my understanding, but I suggest that if you want to purchase bitcoin and store your bitcoin wallet that will be protected i will advice you to use electrum wallet in which everyone is aware that it have a privacy and whenever you want to sell your bitcoin during the time of bullish market it will be very simple and easier to transfer the specific amount of coin needed directly to any exchange wallet, while it's recommendable to use Electrum wallet is as result of security of your bitcoin in the wallet Or at least use a personal wallet because you have to think about security, using the Electrum wallet is also a good suggestion and it can be considered, obviously it all depends on the decision of each. |
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Do you think Threads will be a serious competitor of Twitter? People are eager to try new apps but also some old habits don't change easily.
I feel like Twitter was a dying place way before Threads and now they have to compete with them. Maybe the real fight between Musk and Zuckerberg is this one.
Absolutely, this should be one of the real fights that Elon Musk and Mark Zuckerberg are planning. The fight will be about who controls and is more influential than the others in the social media world. Threads upon against Twitter. The primary Twitter rival at the moment is Thread. It already has millions of users who have registered. That ought to be a good indication that Twitter should be aware that a formidable rival has challenged her and has the advantage of operating without fees in comparison to her. Even yet, it will take some time for Thread to catch up to Twitter. But We'll bet to wait and watch if Threads becomes more popular than Twitter in the coming years. Threads is real competence to Twitter. Meta could've made plans about threads long back and kept it confidential. All of the sudden launched threads, if this had been revealed earlier Elon Musk might've worked on some changes. Anyhow the real competence is here. Twitter have got more than a billion users whereas threads have reached more than 50 million users within the few days of its launch. Lets see how good things were happening with these two. The premium that needs to be paid for Twitter and other paid services will have some cut in the price in the upcoming months so to keep its users than moving to the threads with more features. With this competition, of course, this becomes even more interesting and maybe it will make Twitter discourage its intention regarding the policy of restrictions in a number of ways, but it must also be admitted that Threads is truly amazing the number of users is so large and Threads can reach it in just a few days from its launch, hope there will be a breakthrough from each of these applications. |
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until whenever Bitcoin will be superior to Ripple, because Bitcoin is the king of cryptocurrencies, so it proves that Bitcoin is better than Ripple, therefore I prefer to invest in Bitcoin rather than Ripple, because the risk of investing in Bitcoin is smaller than Ripple and of course the price of Bitcoin will definitely continue to increase every time a bullrun occurs, so that will definitely give me a lot of profit in the future from investing in Bitcoin.
Obviously Bitcoin is the best and who doubts that I don't think so, Bitcoin is a safer long-term investment choice because it has less risk, especially with the current condition of XRP which can be said to be unsupportive, of course it will be more risky to invest. |
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_ Don't risk too much money, start with what you can afford to risk. Focus on the risk not rewards.
_ Identify potential risk as;if it goes down, if you don't take profit, if you don't use stop loss and if the coin goes against your analysis.
_ Reacting to risk, use stop loss and always take profit.
All that you have said above are correct, as they indeed correlate to risk management, and I think one of the most important of this rules is still the not to go into trading with an amount of money you can not afford to lose, I personally believe that this is the root cause of all other problems aside, or maybe most of it. Anybody learning to trade should always start really small, that is, starting with a small amount of money, this is to minimize losing too much. Or more than expected. True it is highly recommended to start trading with a small amount of money, trading alone is so risky that a slight mistake in decision can cost you money, so these risks must be considered and remain careful. |
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So far I have said yes if we choose a bank that is trusted and under the auspices of government, like in my country there are banks owned by the government.
basically a bank is a place to store fiat before blockchain existed. so in conclusion everyone has a different point of view between saving money in a bank or in crypto all have their own advantages and disadvantages
True we can't really compare and think who's better at keeping money in the bank or in crypto, in terms of risk, each of them certainly has a risk because no one guarantees it will be completely safe, but my own view regarding security I prefer to keep money in the bank even though there are many cases of money theft but in crypto I think the risk is far greater. |
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No need to think about regrets that have passed, yes I know and feel it because I missed my 50 Ethereum which I sold at a price below $ 100,
but that will be a lesson for me, that when the market is bearish we have to hold and accumulate, don't even sell the altcoins that we have. Selling at low price is a moment to regret because we can wait if we wants but if we miss the opportunity to buy certain coin then its not a time to regret because may be at that time we don't afford to buy it so always think and plan for present and future because past has gone and it will never come back so to regret is to waste your time. I think that present and future is always better than past so why we think that mistakes which we have done in past stick with our luck? This time is also better for investment so take forward step and remember that not to repeat the previous mistakes which have been done in past. Regretting I think is normal but coming back as long as it doesn't drag on is not too problematic, sometimes some people find it hard to move on and continue to feel sorry so that it actually affects them, It's better to make past mistakes a lesson to improve in the future. |
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I will not say that the project is useless, but I will say that when a project becomes famous in the meme coins, several projects related to that name emerge in the market. During the last bull run, I noticed that investors invested a significant amount of money in meme coins, and we cannot predict the trend of the next bull run. Investors also want to earn quick money, which is why they invest in meme coins. Personally, I avoid investing in meme coins because the risk ratio is quite high.
Yes invest large amount in meme coin it will be very risky and better to avoid it, hoping to make big profits fast is too much, if you really want to invest in meme coins it's better to invest your money in small amounts. |
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The more followers, the higher our social status in cyberspace. Yes, I agree with what you mean. Social media is now changing from simply connecting with friends and family to becoming a hub for business and job opportunities. With the ease of information that we can get now, we can easily learn to see opportunities including building our own branding so that it brings various benefits, including product advertisements, content creators, or partnering with companies. Thus we will be able to improve the quality of the economy and can improve social status in society.
We just need to be consistent in developing social media accounts and setting clear goals and timeframes to earn the trust of followers. In other words, if you want to get benefits through social media, careful planning is needed, you also need to believe that there are no shortcuts to achieve success without studying and working hard.
Businesses always find the best opportunities to promote their products, and social media have become very common among the population, and you are right, they have long been used not just for communication, many just go to see the news feed, which business will certainly use. And for communication, people have a lot of possible options, all kinds of messengers are even better suited for this. It is undeniable that social media has now become a part of our lives and cannot be separated from it, social media is currently an effective promotional place and the cost is also cheap, Social media also makes small businesses grow faster. |
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What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media
I think we are still a long way from being bullish, because the price of Bitcoin is still unstable and still going up and down, so I think there will still be a small correction in the near future, because there is no good news about cryptocurrency at the moment and I'm sure bullish will happen when the price of Bitcoin broke at $40k, so now is still the right time to do DCA. It's still a possibility because we never know when bullish will come, the more positive news about Bitcoin it will influence its price and i hope it will, if indeed this is the right time then take advantage of it to do DCA. |
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Taking loan is not bad as long as borrowers know their limits, it will totally depend upon your need, you are taking loan for what? asset or liability, let me clear these two things asset mean which give you income and liability mean which take income from you. In my opinion if you are taking loan for liability then you should avoid the loan. If you want to invest in asset such like house, making up business etc which can give you more benefit with right income then you can borrow loan three is nothing wrong.
Í agree with you, there's nothing wrong about borrowing if you know how to use it wisely. We learned about this before and borrowing can be a good thing if it's done in a good and smart way. However, a lot of people just use their borrowed money on their leisure. I understand that sometimes we get tempted to get our wants, and we often use credit to acquire them. But if we know how to properly use our loan and make use of it to gain money, there's no need to quit borrowing. If someone wastes money by taking loans unnecessarily then it can turn into a nightmare for him. But if someone takes a loan and invests that money in a good place and if he gets good quality profit from it which is more than his loan interest then there is no problem with his loan on the other hand the loan will play a big role for him. So in all cases taking a loan is not a bad thing in many cases a loan works as a boon for a person Yes, right, not everyone wastes money in bad ways with loans. There are some people who put some good people in the society in a very bad situation. There are some people who try to grow their business with loans. Or lose money by gambling and take loans to pay them off. I think good people are insulted to some bad people in our society. I like those who do good work with loans. Basically, loans are not always bad, it depends on what we do with the loan money, but it must be admitted that the stereotype in society is that people who have loans look bad, if you look at it broadly, actually in a company, be it big or small, you definitely have a loan. |
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TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
That is indeed a consideration because there is no clarity about how the case is between XRP and the SEC, I hope XRP can win against SEC and if that happens then it's not impossible there will be a spike in the price, risky or not investing in XRP is up to each one and they have to decide for themselves. |
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As time goes by and learn so much in trading, I understand that the key to success in trading is the risk management. Before I believe that if you have good trading plan without a risk management will make succeed. Since I always adding funds to my futures account, I didn't notice that I already lose even though in my mind I'm profitable because I have many successful trades. That's why I could say that no matter how good your trading plan is but without risk management is just useless.
It must be recognized that risk management is an important thing that needs to be owned, crypto trading is so risky that it is necessary to manage it and sometimes people still ignore it, indeed it is not easy but if we study seriously then we will be able to. |
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I'm wondering if now is the good time to buy BNB or should I wait a little bit more? The crypto market is still bearish, so we should expect further pressure against an altcoin like BNB in the short term. Who knows if BNB will reach higher prices in the future? Your input will be greatly appreciated. Thank you.  Since everything is speculative, there's no accurate answer to that. Looking at the situation you have mentioned, it now depends on how you looked at it, either as a good sign to buy more or you are anticipating to crash more. Technically speaking, we can consider our decision based on how that event and situation impact the BNB market since then. If we buy or not, maybe not because of the recent situation happening around Binance, but rather we more on believing that "it's really the right time now". Your decision mate, it's your money at risk in the first place. Indeed, the current conditions are not ideal conditions for BNB, the lawsuit filed by the SEC is still ongoing and this will obviously affect the price, but in a way this would be a good time to buy and I'm pretty sure BNB will win this case against the SEC. |
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Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
Almost impossible. This means you need a project that gives you 70x the profit. Some projects have done that when hitting their ATH but I think it's very very hard. Are you going to all-in your $100 on one project or split them up across multiple projects? Both are hard to do. Calculations are possible but there is only a chance of about 1/700 It is indeed possible to earn significant profit and I personally earned a somewhat similar amount of profit by investing in altcoins just before the 2021 altcoin season. But it is not always the case and timing is also very important to maximize your profit. Right, the most important thing is we know when is the right time to buy and sell it, if we know the basic things then the profits will come, but it's not easy to do that because we need to follow market developments all the time. |
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In this day and age, it is no longer based on the level of education, because I have seen and read many people who have been successful in their lives who did not finish school. But I am not saying that any degree completed is not helpful.
It is certainly true that Education alone is not enough. Along with Education you should also possess the necessary skills that are Applicable in practical life. Education is important so that you can differentiate between right and wrong. Though skills are acquired when you have the intention to learn and perform specific task. My only point is that most of those who have graduated their mindset is to become an employee, but most of those who are successful in life are those who did not graduate, and the business owners that most of them I don't agree with are all their employees who have graduated of learning. Maybe the only benifits is that you have a diploma to show that you finished the course you chose or you just have achievements.
I have seen many people in my life who have completed their degrees but have zero skills, which leads to them not being suitable for jobs or starting their own businesses. They end up wasting a lot of time trying start a business. Education alone is not sufficient you also need to keep an eye on various technical aspects. Yes, education is necessary, but it is not the only factor that helps a person succeed, we need many soft skills, how to apply knowledge... to be successful. It's funny how many people fail and blames education and thinks they are not needed nowadays. I see many people like to compare themselves to other geniuses in the world, billionaires who don't have a college degree but are becoming billionaires like Bill Gates or Mark Zuckerberg. But they forget that those billionaires are more intelligent than people and have a better starting point than us. It is foolish to think that you will be like them when you have nothing in your hand, including knowledge, do not expect success, let alone be like them. Our mindset towards what Zuckerberg and Bill Gates have achieved is wrong and it must be changed, we consider them the same as us so conclude that education is not important, for me education is basic and it is important. |
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I also did miss out on all the good rewarding Airdrops. Now I mostly focus on exchanges Airdrops. I don't know about most exchanges,but if you're a Bitget user, there's a good tendency that you'd earn token Airdrops as the exchange frequently hosts events with rewarding prize pool. Currently there's and ongoing event for Wooonen with 6.660M WOOO tokens for grabs. You can see further information about this on the official Twitter account of the exchange.
the other exchange are having better airdrops, like kucoin and bybit so far has been giving significantly better airdrops than the other. so I guess if you truly hunt airdrops you should be looking into those two exchange airdrop programs. It's true that it's a good suggestion and it's better to focus on these two airdrop exchange programs, we all know a lot of airdrops are ultimately scams and it's hard to find good airdrops, so it will only waste valuable time. |
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