Why I am investing?
It's very simple and that is to make money and multiply it. The common answer you'll get is that and there's no other reason why a person is investing.
We all want to make sure that our money grows and make another money why we're investing.
The goal is to profit, despite any amount, I'd be happy to consider any amount of profit.
Absolutely, we invest because we want to be financially secure and this is why we need to have extra money.We invest because we want to become independent and not rely on the money of others in any even or financia hardshipl. And lastly we invest because we want to have a comfortable life. Each of us have specific goals in life and investing in cryptocurrency is one way to achieve those goals. But we allways keep in our mind that investing in crypto has its risk.Thats why we need to be more careful. |
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Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.
The reasons why is this happen because they think that they can learn trading in a week and rush into the market and expecting that they will make a million of dollars.They think that trading is just an easy money.Thats just not the way how it works,thats why we get frustrated. Remember that there is no such thing as a fast money when it comes to trading . In order you to become successful trader you need to acquire more knowledge,skills,patient and be consistent of what you are aiming for. |
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Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.
that can be the same investing cryptocurrency and the tendency is you will sell them and spend. There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.
The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.
I invest in crypto, not for the reason that I would like to become rich but what I'm thinking is that I'd secure my future and my family. Yes thats what I've thinking too.It is not about being rich. As long as you can provide your family needs and being secure in the future is much more than enough being rich. Investing in these economic crisis is the best thing to do. Investing in crypto is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income. |
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What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?
Or are these declines an intervention by whales for market picking?
Based of what I have learned about crypto, the reasons why price fluctuates in the market is because of the demand and supply.Which means when the demand is higher than the supply the price will goes up but if the supply is higher than the demand, the price goes down or vice-versa.You dont have to be worry about fluctuations because it is just normal and it is always happen in the market.Not just in the crypto world but also in the traditional market as well. |
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congrats if you have 1 bitcoin
1 bitcoin is a pretty big value for now even though now the bitcoin price is down at 38k it's still a high price.
Under these circumstances to get 1 btc is very difficult for individuals, because the value is relatively high.
but if you already have 1 btc it becomes a tremendous gift, if we can read the market analysis we can get a fairly large profit in the form of short-term investments.
Yes it is, owning one bitcoin is considered as a big achievement for OP's hardwork.Not everyone can make and own one bitcoin because of its expensive price.Maybe its easy for the rich people to own one btc because they can afford to buy it but not for the average people who just started earning and investing in bitcoin.They need a lot of harwork and patience in order to achieve it. Anyway congrats OP for owning btc. You really deserve it. |
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When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Not really, not a lot of people are earning their money in trading so I really don't think that it's a way to make money. In my opinion it takes skill to be able to make money in trading and not everyone can hone that skill because not everyone is the same. To all newbies, don't let this fool you that you can easily make money in trading if you don't have the skills so be careful. True, it depends on how you handle the trading process. If you dont have enough skills and knowledge about this trading platform,then you can never be successful.. And also it requires patience and self descipline in order you to become succeed.. Trading is that not an easy thing. Yes,you can make money in trading but not everyone can make it.Thats why it is advisable to do some research first before taking an action especially for those newbie. |
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Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.
If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!
Use the past either Mistakes or success as Window to check how things go in your decisioning because this will Save us from Losing in the future. remember that even if we succeed today meaning this is permanently because if we will not take a precaution and learning then everything will go insane. If you lose then use this as weapon to not happen again. If you win then use this as material to improve your skills. Very well said. Learning from our own previous experiences is a good trait that not many us have. Learning is a skill that everyone should develop. It makes us prepare for the worst and well prepared is half done. This means if we have learned from our mistake and prepared for it then we are one step closer to success. The only thing that we have to do is not to repeat the same mistakes again. We all made mistakes. Its a natural part of our lives whether it happens unexpectedly or not.But we have to learn from it and move on.None of us meant to be perfect because we are all just a human. But some people make the same mistakes and never learn anything from them just like in trading.If you are doing something and you have experienced failure over and over again ,leave it and find something better that can benefit you.No one is a perfect trader. Everyone make mistakes. If we find the solution for the mistakes,we are learning the process ...  |
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Absolutely not. Cyptocurrencies are volatile because of its prices. Sometimes it goes up and then suddenly goes down.And it is just part of any business cycle. Some people dont really get the technical aspect of how cryptocurrency works thats why they keep saying that it is the end of crypto. They are just spreading fear,uncertainty and doubt (FUD) to other people. Cyptocurrency will not gonna end up. Crypto will stay. You just have to be positive about the pump for it to be possible. |
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Acquiring more skills is a good thing but finishing studies is an edge. It's better to have a title while doing the things that we enjoy as we earn more than what we expect. If there's a chance to earn more knowledge then we should grab it as long as it would make our future careers better. We're in the modern technology days so we have to deal with every opportunity that it offers
Degree and skills are both has its own importance.. But in my own opinion, skills actually matters. A person who have much skills doesnt need any degree to succeed but having a degree without skills and lazy is useless. In real life,in order for us to survive we need to be skilled.Just like in business,yes you acquire a lot of information and knowledge but if you dont applied it and dont take any action, you cant make any money.In short, You are just wasting your time. |
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The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders. Those who learn from experience
If this doesn't work, one thing that OP should do is to quit and just be a hodler or just an occasional buy and sell because not everyone can make money trading and it has been that way ever since and I don't think that there's not a lot that OP can do, if he goes and chase for the break even, he might end up losing more money in the process making the break even much harder. Yah, maybe trading is not the right thing for him..Maybe he should find more ways to earn money than keeping himself in trading but continously lossing his money.And it is not good at all.If you've lost a lot of money in trading,it doesnt sound that you are investing but its sounds like you are gambling.The reason why some traders failing is because they are trying to recover the lost money. So if I were the OP i will stop trading. It would be wise to invest for the long term.Though it takes a lot of time to earn,you still have chance to gain more profit. All you need to do is to wait and be patient. |
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Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called.
First of all, you have to educate yourself first before investing in crypto.Do some research in order you to become knowledgeable.And of course,you should know that cryptocurrency is not stable and there's always a risk.So as a beginner,do not invest all what you cant afford to lose.
The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
Yes,it is true that you can earn and make money with cryptocurrencies.It is important to find something you are good at whether it is trading or investing which requires a lot of knowledge and skills. Or participate in any cryptocurrency forum like this (bitcointalk),and post some interesting content that people will find helpful and share.In this way,it is possible that you can make money with crypto. |
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4 years ago I started with trading. Didn’t know anything about trading before. Zero knowledge. I learned a lot of technical analysis, market cycles and how to control emotions.
That’s why I say: everyone can learn trading.
Of course the biggest part is emotion. If you can handle your emotions it’s possible to be successful.
Absolutely..Trading is not about winning,it is about how to control your emotion too while trading.If we cant control our emotions, we can make decision which may end up of lossing your money.Trading is all about mindset. If you want to get rich quickly,you have to do it slowly.Dont let your emotions ruin your plan.As what they said, dont put all your attention in the market,because market doesnt care for you.Always keep your emotions in control and have a proper strategy and plan to fight it out.Working hard,being patient and being decipline could be the most fulfilling way of becoming a successful trader. |
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Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
Well it depends on you on how are you going to invest it. If you are short-term investor or a trader then it is not the right time to buy.But if you are a long term investor then it is the chance for you to buy even more. It is always a right time to buy cryptocurrency as long as you have enough patience and planning to hodl it for a long run. Dont take any action without a proper knowledge because it is dangerous . It is advisable to not put all your money for investment because it is a little bit risky. And as for me 30k is not bad at all,it is still a good thing to buy and a great time to buy..Market will rise very soon, so claim it. |
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Yes it is true that holding any cryptocurrency for the long term is a good strategy because it can give you a big profit in the future.But it can only be a good strategy if you pick the right cryptocurrencies which can give you a huge return.Thats why it is advisable for everyone especially for those new investor to do some research first before entering the world of cryptocurrency.It is important that you know about the market before investing. As well as know the best asset (crypto) for investment.I would suggest that is better to invest in crypto that is well-known (its either btc or etherium)
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Yep, prices always go down before they go up, I like what the OP said above, and that's the truth. This is our chance to buy their fear to take profit from what they loose when they are afraid of falling prices. For those of us who are experienced, this is the expected downward cycle where we can buy at a cheap price, no need to be afraid it will not rise again, because it has not been proven in the past year, stay optimistic guys!
"Buy low,sell high" which means that when the price drop and reaches the bottom you should buy. When the price goes up sell it and make more money. And I think this is very convenient and a great opportunity for some of us to buy even more (btc) at a cheap price. However, some people doesnt used this strategy "buy low,sell high" because they are afraid to take some risk,thinking that they might be going to lose their money or they will not get their money back. In my own opinion,it is okay to used this strategy but always remember the golden investment rule, "Never invest more than what you can afford to lose" |
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Can Government Really Ban Crypto?
My answer is..
Definitely no. Government cannot ban bitcoin because it is decentralized digital currency. Which means nobody control or owns bitcoin.And also it is impossible for every government to create a system to trace a bitcoin transaction in the internet world.The only thing they can do is to put some limits and retrictions on any bitcoin transactions like what China did.
Governments cannot totally ban crypto unless they'll going to shutdown the internet.Instead of fighting the global world market,i think government should focus on spending our tax money more wisely...
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The reasons why bitcoin is valuable, because it is a handy form of money commonly accepted by people which can be used as a payment like cash.Yet,unlike any other fiat currencies whose value enforced by the government, bitcoin value comes from its code.
Bitcoin is also like gold because it can be used as a store of value.And lastly more people using it as an investment.
Thats all what I think why bitcoin is valuable...
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What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank.
Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.
Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment. Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich. |
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Bitcoin may give you a surprise soon. Crypto market is in preparation to boom again. Why don't you still ask if this is the right time to buy while the dump will always become the best time to buy crypto? As you can see that people are getting decent profit after they got into the deep. The fear is still in the market but if you believe in buy low and sell high and then you have already bought some crypto since last days. That will prove that fear will not stay forever. Youtube is also still discovering to integrate NFT on its site. Crypto is about going even better from day to the another day. Just buy or you will be missing the train.
Fear will always be here, at any market, not only in crypto. But ask yourself, is this the end of crypto? If not, why not take advantage of this opportunity? You can buy valuable coins at a cheaper price. Because if you believe some coins will have good future. This is one good timing to increase your portfolio and later on, you will reap your profits once the market recovers. Yah,bear market isnt bad at all.However some people think it is a poor thing because the market down and in a bearish condition. The main reason why people afraid and has a doubt to invest because they dont know where market is going,or think they may lose their money. Market crash are just a part of the business cycle.And this time is really a good opportunity to buy more crypto and gain more profits in the future. |
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he KYC policies of casinos are on their TOS so it is important to read them, however we must be honest if you are gambling in several different casinos then it is not going to be rare that you receive some updates regarding the TOS and it is going to be difficult to read them all, so while in theory a player must always read the TOS before playing at a casino and after every single update, most of the time this is something that is not realistic to do.
I think that reading their at least T&C by screening reading is needed in order to know at least some basic information that we need. We may not need to read the whole because it is too boring with commonly small characters. But at least, we can check for several T&C, by searching based on keywords that we need. They are such as KYC, the requirement for deposit and withdrawal, available coins, and others. keywords Most gamblers do not read T&C because they just register and start playing gambling. I agree to check T&C to know what is allowed and prohibited to not break any point in their T&C. Fortunately, many crypto casinos allow members not to do KYC as they know anonymity is something that the crypto gamblers want. We already have many casinos with reputations so we do not have to worry about something bad that can happen to us because they will help if we have a problem. Before signing up in any online casino,make sure to inspect first the terms and conditions carefully (such as deposit, withdrawal of funds,bonus policy,and so on) before checking off "I agree". Unless you know exactly what you are dealing with. Making mistakes may result in losing your money or getting yourself banned. If you dont take time to read, it is your problem. You dont have the right to complain if things go wrong. And I would say that the main reason why some gamblers just automatically click "I agree"it is because they are too long and lazy to read.. |
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