Why should we be afraid of losing money, even though before investing we have considered the risks that will occur. I'm not saying that the project I invest in will be closed in the future, but I believe based on the background of the project and the team that manages it can be trusted that they will not run away and make the project a scam. the point is that everyone will see the potential success of a project before investing, because everyone doesn't want their money to be lost.
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there's no need to regret what happened, moreover there's no chance of fixing it. they are very unlucky when underestimate bitcoin, bitcoin opportunity to develop no one can predict. all are silent to see bitcoin at this time, they are vying to invest when the price is very high. would they laugh at themselves in the future, if bitcoin plummeted again.
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every trader has different skills in trading, market dynamics make us always correct small mistakes so that skills are formed that make it easier for us to trade. The goal of having skills is to gain an advantage in the market, there are many stages that must be passed to have skills that are effective and efficient.
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You have good luck for your first trade, sometimes newbies are not as lucky as you. If you want to become a professional trader, you must have good skills. You just study harder to increase your knowledge about crypto. keep practicing your skills to be able to make peace with the market.
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if you are a person who has assets everywhere and is not able to manage them all, yes to me you can. it is very good for you to leave it to the manager. but for those who only have standard wealth and are able to manage themselves for me there is no need to bother paying their salaries. never be lazy, because the purpose of work is to make ends meet.
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if you are self-taught you can do a search on youtube on how to trade. not only on youtube, articles on social media including google are also available about trading procedures and knowledge about crypto. You just need to spend some time and focus on exploring the lessons that are available.
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I use Binance Exchange and Indodax platforms to trade, I like Binance because it is the fastest coin service. when it comes to indodax, this is the first exchange I used to trade and it also makes it easy for me to make withdrawals to banks in my country.
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If they are not extravagant in spending their money in their daily life, the money will be put to good use. In borrowing money, it is very important for us to prioritize the purpose of the loan and have a great chance for us to repay it. Likewise with saving money in a bank, immovable assets are more suitable for us to sell for investment purposes. it will be better for the future, we don't have to think far. Let someone else manage our money.
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It all depends on how you trade with bitcoin, if you trade daily for profit then your days can fulfill all your desires. Likewise, if you make long-term investments with bitcoin, you basically have to have other jobs before you get a large return on the value of your investment. Financial freedom has been felt by many people who use crypto, especially those who have invested in bitcoin.
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You can bet on altcoins for the long term, you should be able to do the same with bitcoin. Altcoins in general always follow the price of bitcoin, so it's very much in tune when you do the same. Talking about hold, you must have a profit target. We don't always hold back, but there are times when we take advantage of it. So I think you should set a profit target. so you know where to let it go.
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The surge in altcoins has led many traders to forecast the dawn of a new altcoin season. According to "The Moon" a pseudonymous Twitter analyst, altcoin seasons follow a major run-up in the price of BTC, especially when the price stalls or pulls back. ReferenceI think the price of altcoins is largely determined by the price of Bitcoin. When the price of Bitcoin goes up, the price of altcoins is also relatively up and vice versa if Bitcoin goes down, the altcoin will also go down. Altcoins are no less good than Bitcoin, some even say that Altcoin's performance is better than Bitcoin even though the price is far apart. So if there is a good opportunity to invest in altcoins or Bicoins, don't miss it, maybe it is your golden opportunity.
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Dogecoin is old and more popular than Shiba Inu coin, I believe that's why Elon Musk is targeting Dogecoin but Shiba Inu is new and comes with some upcoming features and upgrades that Dogecoin never had, if you are a newbie to Crypto make sure you only invest what who can afford to lose just because there is no guarantee in this forum
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Many opinions say that there is no guarantee that digital assets in the form of NFT can last forever. From my point of view, I think it depends on which blockchain the NFT is built on. NFT is a token on the blockchain, if the entire blockchain disappears, the NFT will disappear with it. That's not a big deal for projects developed on good blockchains, but now there are a lot of NFT projects based on new blockchains with very few users.
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Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto. It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?
I think, high risk and volatility is not what prevents them from investing, because they can start with small amounts. If the problem is high risk, low investment will be the solution for them, still they are not interested in it. It's hard to persuade older people to get into crypto investing because they can't see the potential, they can't see it returning huge profits all the time, so they ignore it.
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Maybe ADA and AXS if they keep dumping and personally I think ADA smart contracts and defi coming there might get it pumping depending on how it gets accepted and how fast it will With so many projects migrating to ADA if that is possible then I think personally there will be growth For AXS, I think NFT games are just starting to grow and they might continue with other things to come
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today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
Hehe.. I find it funny when you say the value of ETH is going down because of the gas cost issue. the problem is only the cost and very small so I don't think that this is the main reason why the price of ETH was dumped. look around you other coins falling too. don't tell me they got dumped because of transaction fees? obviously not. whales and big holders do their moves secretly and why do they tell the media when they move big funds.
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Reflection, Burn and swap is very common in new meme coins nowadays, almost all new tokens are meme coin judging from new listed coins on coinmarketcap, I'm just trying to warn newbies who believed that they can still make insane profits from meme coins, I'm not saying it's impossible I'm just saying we have many fake meme coins out there now, they are just copying the likes of shiba inu and few others
Be careful on each coin, either to take advantage of some popular meme coins for short or long term, but not to the point of holding, doge may be a good long term investment for those who bought before but maybe not on someone else's coin meme or even in any coin. There is a need to monitor all the coins we hold and want to buy.
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With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.
Share your experiencies
The top coins I recommend for myself are the ones that hold the top spot on CoinMarketCap's list of top 20 coins. These coins are ETH, BNB, DOT, LINK, NEO, UNI, TRON, DOGE, etc. I chose this coin because it has a strong background and large market cap and also has a large community that loves to invest and hold this project coin.
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