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Economy / Trading Discussion / Re: KuCoin vs Binance
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on: January 13, 2022, 12:55:47 PM
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I already used both Binance and Kucoin in the past years and both are the best exchange for me. I have never encountered any problem on their exchange until now and it's really good to trade and hold coins on their platform. I felt that my asset is more secured there than in the other exchange. Also, it's not good to stay your assets in exchange for so long.
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2
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is the Metaverse a bubble?
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on: January 13, 2022, 12:49:28 PM
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Metaverse become popular because it is a handful of platforms that people can interact with in different ways, so I think it's not a bubble. And it is also good to invest in metaverse crypto coins like Hero, Mana, Sand, etc... Which I believe has great potential for this year.
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4
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Economy / Economics / Re: Sharing and helping others
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on: January 12, 2022, 03:20:00 PM
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This Christmas if you can't give a gift like money, bitcoin and other material things, let's just share our knowledge of crypto with others as a gift.
It is actually not really that easy to share information about Bitcoin to people, the media has already corrupted people's minds about Bitcoin, thus for some people when you approach them with information about Bitcoin, they immediately start to think you're attempting to introduce them into a network where they'll lose their money. Having said that, I always encounter issues with some people close to me whenever I successfully introduce them to Bitcoin, the problem stems from the volatility of the price of Bitcoin, thus when they invest and the price of Bitcoin plunges, they usually sell out of panic, thereby incurring loss and blame me for everything in the end, thus for people who still share info about Bitcoin, do not persuade or pressure such people, just tell them about the network and allow them to go do their own research. When you share information to someone about bitcoin and they are interested to learn, you need to guide them but don't forget to clearly emphasize the pros and cons of investing in bitcoin or other cryptocurrencies so they don't blame you for whatever happens to their investment. |
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5
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Economy / Economics / Re: This why wall street are rich and you are poor
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on: January 12, 2022, 03:09:04 PM
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Not all wall street firms end up success, many were bankrupt, but you won't hear the bankrupt story. The higher the leverage, the higher the bankruptcy risk. And for sure, real estate business has the highest leverage across industries IIRC. What I want to say is, you don't always need leverage. You can be wealthy from side hustle without borrowing any money. The key is reinvesting your excess income, not from debt.
But what if the income that you have monthly is not even enough for your family's daily needs and you want to invest in order to gain more income? The only way is to borrow but you should use or invest it wisely. Knowledge is very important and your strategy to gain profit. |
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6
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Alternate cryptocurrencies / Altcoin Discussion / Re: Help me out
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on: January 11, 2022, 01:51:17 PM
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What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
It's really difficult to risk the money which is just enough for your needs but if you really want to invest and take the risk, don't put all your money in crypto. Just invest 20% to 30% of your salary every month in bitcoin to accumulate more and just hold and wait for bull market to come. You're lucky that you earn $600/month which is enough for your expenses and investment unlike in my country which is just half of your salary. |
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8
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Profitable coin for 2022
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on: January 10, 2022, 01:22:48 PM
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There's a lot of possible profitable coin for this year 2022 specially Metaverse but I would go for the next top 5 to 10 in coinmarketcap which are Solana, Ada, XRP, Luna and Polkadot. Avalance is also good, so I think it's good to divide your capital for those profitable coin except for bitcoin and ethereum which is always the best crypto coin.
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Bitcoin / Bitcoin Discussion / Re: Everyone will receive a paper wallet in their post. Then what?
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on: January 09, 2022, 03:44:12 PM
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I have one question for you:
What will happen to the bitcoin price when everyone starts receiving empty bitcoin paper wallets with everything they get on the post?
You can always put a paper wallet in my mailbox. I will welcome it.
- remotemass
If people already know that the paper wallet is empty, for sure they will throw it right away because it is useless and has no value. But if people don't know that it was an empty paper wallet, I think they will try to find out first if there is bitcoin inside and after they found out the reality, for sure they will be disappointed and irritated by you who sent those empty bitcoin paper wallet. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which best Altcoins to buy & HODL for some months
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on: June 24, 2021, 04:07:22 PM
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Now that altcoin market are at a lower rate, it's an opportunity to buy, but just choose the best and with potential altcoins. I think BNB and ETH is the best and sure that will increase it's value more in the future. I also tried buying a Dion coin, hoping that it will rise when market pump again. I also planning to buy XRP and LTC. Hoping I can get good returns from those altcoins.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is Altcoin Safe for Investment
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on: June 23, 2021, 04:32:04 PM
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Altcoin market now are in red which means you can buy at a lower price but be careful. Altcoin is safe for investment but it depends on a type of altcoins. Choose wisely in the market. Don't just look at the beautiful name of a token but also try to learn or do some research about the project before investing and buying their tokens.
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Bitcoin / Bitcoin Discussion / Re: Some words of encouragement during this market crash
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on: June 21, 2021, 03:09:13 PM
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There is always light after the tunnel. What I mean is, everything has an end and everything will change. If the market now is red, after a couple of weeks it will turned to color green. Bearish market will end and we are going to welcome again the bull market. Hope that everyone will always be prepared. Now is the good time to buy and just wait the exact time to sell.
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17
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is for Holders!
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on: June 20, 2021, 03:46:54 PM
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Holders always make profits but weak hands always make losses. Bitcoin is valuable, keep it as a treasure so that someday you will gain a lot from it. Don't let negative news affect your bitcoin investment.
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Bitcoin / Bitcoin Discussion / Re: The bull market still exists
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on: June 16, 2021, 10:13:46 AM
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It's really profitable to invest in bitcoin. If you buy at a lower price then just hold and wait the time it will pump, you will surely earn profit. The bull market is not yet over, although there's a market correction, it doesn't mean that the bull run is already end.
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Bitcoin / Bitcoin Discussion / Re: Reasons to Invest in Bitcoin??
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on: June 16, 2021, 09:54:33 AM
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I invest in bitcoin because of so many reason but the most significant reason for me is that bitcoin is volatile which can give us huge profit and financial freedom. Also I don't have any other form of investment, only here in cryptocurrency.
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