Most of the investors of crypto currencies are doing their own research first and check on the background of the developer and the people behind that project. It is important to know credibility of the people behind a particular crypto project. With that you will be confident enough to invest in that crypto currency. Some of investors use different methods to know if the coin is worth investing, like technical analysis, fundamental analysis and market sentinel analysis. Identifying the best coin will take time because of the thorough research that we need to do. Identifying also the period on when to invest is hard because of the volatility of the market.

Yes it is possible to turn a $100 investment in altcoin into $7000 or even more, First it is important to understand that investing in crypto currencies is highly risky and unpredictable. Crypto currency prices can be extremely volatile and it is not uncommon for prices to fluctuate by higher percentage in a day. But there are some success stories of people who generate profit on their crypto currency investment. It is important to do your own research and invest only what you can afford to loose. If you will invest in crypto currency make sure that you know the risks that you are going to face.

If we can do both why not? We can diversify our investment into both Real Estate and Crypto Currency it would be more profitable for us. As we all know that Real Estate is a physical asset that we can see and touch, it is more stable and less volatile but it is less liquid which means it would take longer time to sell a property. Real Estate is regulated by the various laws of the government when it comes to ownership. Crypto currency is a digital asset that we cannot hold or seen, it is more volatile and risky but it is more liquid compare to Real Estate and it is not regulated by any government entity. I would choose to invest both because both have potential returns.

Crypto currencies can affect global economy in example they can provide alternative to traditional banking systems that can lead to increased financial inclusions and it can reduced transaction fees. Crypto currencies can reduce the need for the intermediaries. However crypto currencies can be subject to speculation and volatility, which can result to financial instability. The anonymity and lack of regulation can make them more attractive to hackers and criminals for money laundering and other illegal activities. The impact of crypto currencies on the global economy is continuously evolving.

Of course we can be of help to our family and economy if we personally benefit from Bitcoin. We can use the earnings we gain from investing by helping our family with their finances for them to have a better life. We can put up a business that could give employment to the people who needs a job, with that we can help or contribute to our local economy because our government will benefit from the taxes that will be paid by the business that we set up. But of course we should know the risks in investing in bitcoin, not all the time we are guaranteed to take profit because of the volatility.

Taking a loan to invest in Bitcoin can be very risky and should be done only by professional investors because they do know the pros and cons of taking a loan. It is very important to make a research and study the advantages and disadvantages of taking a loan and evaluate your financial condition if you are capable or not capable to pay.

In taking a loan it can give you the ability to invest more money in bitcoin, but due to high volatility of bitcoin the risk of loss is possible. If you invest a borrowed money the risk of losing might increase more than you can afford to pay. If ever that happens the interest payments will get higher monthly plus surcharges and late penalties.

So taking a loan for me is not advisable in investing in bitcoin.

Inflation is happening all over the world at once is because of the global supply chain shortage during the pandemic, which have led to shortages of goods and services and increased in production costs. Most of the countries are experiencing this kind of inflation, a lot of people are affected due to high cost of foods, recession that leads to unemployment. Thus many people are having a hard time dealing with the inflation, because their budget for their daily needs will be tighter. The people who had been laid off need to find another job to be able to survive.

Saving is not wasting, saving is a wise financial decision to make to help us to achieve our goals in life. As a student there are several ways to save money such as create your own budget and stick to it, this will help you to monitor your expenses and to avoid overspending. Avoid unnecessary expenses like eating on of fast foods that is too expensive nowadays, or buying branded clothing's. You can buy also second hand textbooks so that you can save. Look for a part-time jobs to earn extra income.

The lists that you had provided would help people to prioritize their expenses, they should categorize their wants and needs. Spending more than you earn can lead to financial problems such as debt, inability to pay bills and negative impact on your credit score. It is important to budget your needs and the needs of your family and oblige your self to live within your means only to avoid the consequences. Think a lot of times if it is your need or you just want before spending or buying. Discipline and control is the key to avoid over spending.

The effects of crypto currency adoption have various effects both positive and negative. Some potential benefits would include increased financial income, it might reduced also transactions fees, greater privacy, and security in financial transactions. On the other hand the negative effect of the adoption is the potential increased in criminal activities like hacking and scamming, also the environmental impact of the crypto currency mining. But of course the effects of crypto currency adoption will depend on how it is regulated and implemented.

For me if your going to put up a business with a friend it is important to consider several qualities such as his or her experience, their skills, their work ethics, how they communicate and how they share their values. If his or her qualities do not have those skills you have to think about it before putting up a business. A business partner should complements your strengths and weaknesses, they should have a very good background in business and you can enjoy working with. Both of you should have a clear expectations and strong working relationship based on trust and mutual respect. Everything should be documented as well and everyone should have access on all reports for transparency. Sometimes even your closest friend is hard to deal with there will arise the trust issues. If you do not trust your friend then do not put up a business rather than set up on your own alone.

Different countries have different crisis when it comes to food. There are countries that can produce more varieties of food that can sustain the needs of their community and there are countries rely their food supplies in importation. Right now the food crisis in our country improved a little bit, the food costs became lower when summer starts. But that is only temporary the prices will go higher again on rainy season. If the government will support the local farmers definitely there will be no shortage in food and they can also regulate and control the prices.

That is true bitcoin price is based on the demand on the market. The higher the demand the higher the price will be the value. Dumping is already normal to the people who have knowledge in trading because dumping is a way to take profit out of your investment. Bitcoin price is not stable along with other crypto currencies it might go up drastically or it might go down. When the price goes up many investors will take profit and will wait again for the price drop and re invest again. That is already a cycle to a lot of investor. We should always watch on the market and evaluate the price to be more familiarize on the market flow.

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You should atleast chose the right coins to invest for you not to feel sick and tired. The market now is really on the downside but make sure that the money you in your investment is the money you can afford to loose better be wise in choosing the right coin. Do not invest if you cannot tolerate the risk.

Bitcoin market is too volatile so if you will invest be ready with the risk that you are about to take. Just simply be patient and do not panic when the market goes down.

It isn’t game over yet. If bitcoin price goes down to zero then it will be the end. Whats happening now is truly a bear market and we all know that it happened in the previous years and i am pretty sure it will recover in the future. Keep the faith and be patient.

For me it is not game over yet for bitcoin if we will track the historical beginnings of bitcoin there are years that bitcoin subsides and recovers. I am positive that bitcoin will recover in due time I will keep on holding.

Actually no one because i run out my own investment and i will be the one to decide in what coin i will invest. I do not want to take advices from anyone atleast I myself is the responsible for the possible earnings or losses.

Bitcoin is driven by people or groups who used to invest in the crypto currency. The movement of the crypto currency market depends on the transactions made by those investors including us.