My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor. But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
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On this bear time don't dare to invest on new project coins because that probably won't work because the chance is small to get profits. People are taking their investment into fiat and wait for a green market. The most decent altcoin investment at this market condition is the top marketcap coin that on sale price right now, even the profits won't be as much as new project coin but it less risk right now
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For stable income its very necessary to choose top coins for long or atleast middle term. these coins give us more profit then saving. Trader should use some trading strategy to make profit in trading otherwise it can also give loss or low profit. If trader buy coins with every 20% dip and with every bullish season withdraw 10% ,one can make good profit than saving cash in bank.
I don't think any crypto investment could have a stable income since the price of the coins that we hold changing everytime, sometimes it's better to hold fiat and sometimes it's much better to hold cryptos. Experts trader know where to save fiat before the market crash and know when to re enter when the market going to bullish. But as an investors, holding for living is a motto that we are not aim for stable profits but big profits in the future.
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While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
I believe you have seen how far BNB have gone so far in price. It's above $500 already before the end of the year. This is to let you know that cryptocurrency is unpredictable. A price of a coin can't be predicted or ascertained. The earlier the better to be adding BNB to your portfolio cos her price will soon skyrocket more than we expected The price of altcoin is really depends on bitcoin price, BNB price rallies to 500 USD before when BTC is rallies to new all time high and BTC price crashed recently, it seems BNB price going also going down but the support is really strong and it's hard to go under 500$. Holding BNB is still a very good choice because the fundamental of BNB is strong and the binance platform user is so many made this coins won't be crashed hard when the crypto market is red
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Starting a forex trading business is a fantastic concept. Forex trading offers its users a plethora of essential perks and advantages. Those who employ forex trading have reaped a great deal of benefit from it. It is the most effective means of accumulating wealth. It is easily available and lots of people are concerned and are involved in this sort of trading.
Any trade that I think can make a profit and forex trading is also profitable, after all it all depends on everyone's strategy and the risk will always be there, Of course you need to explore forex trading to be successful and make a profit Forex trading is more like crypto trading but in future market because it's easy liquidated when wrong move is taken so the risk is higher than crypto which could be trade on spot market and we will never lose our money if we are not sell it yet at loss condition but just losing the value of the coin. So it's more expert and high risk on forex compared to crypto trading. But both are profitable depends on how good the traders manage their assets to trade
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there is no need for acceleration because crypto learning needs time, we must not rush into this instead take time and learn.
i hate to see those who wanted to invest and earn instantly same as those who wanted to make this area a place where to become rich.
crypto is for the future and not for making us having a wealthy life instead a accessible and worth a living life.
Yes i'm agree, crypto is still a baby compared to existing payment system that already here for hundred years. So crypto need to be developed for more to make a better environtment and also a better security, the regulation is also have to created if crypto want to adopted by countries in the world. So just let it developed naturally and let it be ready when it's ready.
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
i think the covid pandemic has positive impact for cryptocurrency because everything is became digitalize and people have less interaction between each other that resulted a digital currency gaining it's popularity. But i'm agree if crypto condition right now is stronger than before, it won't crash more than 50% anymore i'm sure because many big companies in this world start developing blockchain projects and crypto projects, this is very good for crypto's future.
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hi guys please help me
how i can learn about traiding
still im on 0 level
from where i can start???
There are already many people ask you to learn the basic and fundamental trades and also the fundamental of crypto market. After you've done with the basics. I would like to recommend you to see tradingview website. There you can see a lot of professional traders analysis and they make analysis with certain explaination that we could learn.
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Most of us here has a story or two to tell on how we nearly became millionaires Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement. The price is that high now is because there are a lot of people missed the chance to the things is become rare, if everyones buy bitcoin at that time the price must be higher at that time too. We were not buying because we don't think bitcoin will be so much valueable in the future, to make another chance means we have to find a coin that looks doubtfull and not valuable just like we saw bitcoin at the past, Buy those coins and wait for best luck in the future
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I don't really see trading having any edge or advantage over investment because while trading is immediate,investment has to do with the future,and if our future is not well secured,a successful life is of doubt. Investment has to do with patience and endurance which will yield a greater profit when it will.It is very obvious that trading is very risky which is the reason I averted it,but in investment,the risk involved is not really high.
More over in cryptocurrency market, investing is much more important to secure our future because trading in cryptocurrecy the risk is overly high because a coins could drops more than 50% in a minutes when it has a bad news and takes years to recover or even some coins won't back to it's all time high anymore after the crash. So the risk management and money allocating is really important, make sure more than 70% goes to investing and it's okay to use the rest for trading.
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We must always be vigilant with coin and cryptocurrencies memes, even when investing in bitcoin does not guarantee profit, daring to take risks is a mandatory thing that we must have so that we can be successful like Elon musk who invests cryptocurrencies and is now successful in becoming the world's richest people in this earth.
It's too far if we are looking at the way that elon musk making crypto profits by investing on meme coins, elon is not taking any risk of investing on any meme coins because he has the power to pump any meme coins that he holds by spreading it to his twitter and their followers will buy the same coins. So it's not make sense if you are following the way that elon musk making money in crypto.
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If you are looking for a real gem, then definitely my choice falls on such a project as Animal Concerts. It seems to me that it is extremely important to have such a project during globalization.
Checked the projects, nothing special but just similiars to another animal tokens or meme coins project which only using hype to hook the investors. More over it's also not hype enough for a hype NFT tokens, the good side is the founders and developers looks trustful from their profiles. Maybe this project needs more exposure like videos or AMA session to show the project is really good.
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for economic factors, yes, it is very important, especially with tax regulations for crypto currencies, of course, the country will benefit from it and the economic circulation that moves will build better technology development with various blockchain systems and good investments.
We have to remember that owning cryptocurrency is not always getting benefits. But if we look at the el savador, their country management is quite good, buying cryptocurrency (bitcoin) at the bull time so they could make decent proffits for their country. So i think it's important or not important depends on the country officials that if they could manage their country's wealth good. Maybe cryptocurrency investment could be a good choice for a country.
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When i search TALK on cmc i found another TALK coin and i think it's not the TALK that you refers to. I don't think it has a really good future prospect because it's the coin for the cryptotalk forum and it's for their members, i mean the consumer of this coin is only the people who at that forum, maybe the price won't doing a significant move currently. IMO
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Of course, teaching Bitcoin and cryptocurrencies in schools and universities will be of great benefit to society in general, it will help young students to understand cryptocurrencies in a correct way and will also teach them the correct investment methods and avoid the methods followed by scammers and other wonderful things, but this will never happen unless Global adoption of bitcoin by governments, if governments do not officially adopt bitcoin and cryptocurrencies there cannot be any kind of education in universities and institutes for students about these things, on the contrary, they will instill in their mind fear of cryptocurrencies and hear them a lot of bad things about it like it is They carry a high risk, are highly volatile and are used for money laundering.
Maybe the schools or the college teaching the technology behind cryptocurrency which is the blockchain instead of teaching them about the cryptocurrency. So no matter if the government are not doing an adoption with cryptocurrency, the blockhcain system is already taught at the class so the future generation maybe could create a new system that can compete cryptocurrency with more efficient and safer security than cryptocurrency right now.
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I think it is a good decision to do ethereum staking if you strongly believe in it and you have ethereum that you don’t use.
I don’t think this is a good decision because you don’t know when your coins will be unlocked. And during this time, you can, for example, sell ethereum for $ 6,000 and buy this coin, for example, for $ 2,000. After the end of Ethereum mining, users will be able to manage their coins, then you can think about such an investment. As he said before, it's good only if you strongly believe that this coin will have higher price than right now in the future, so the focus is no longer about the current price or we could have a chance to sell it at high price and buy it again lower, but it's about earning the amount of ETH as much as possible and sell it later in the future. So it's no problem we don't know the exact date when our coins will be unlocked in the future.
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This could be a hundred scam cases with million dollars loss in crypto space, so these things is usual to happen in cypto when the people invest blindly on fake projects and hype project just incase to aiming quick profits. I'm sure the people who invested in already know the risk but they gamble their money and hoping they could left in a right time with lot of profits. So i think it will be done until here, there will be police investigation since the cryptocurrency is not regulated and hard to track.
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"Plunges" is kind of an exaggerated word. Right now is just went back up to 60k+, so are we now calling it surge immediately? It is Bitcoin just being Bitcoin, aside from the ETF as others mentioned above. It is not even something worth discussing right now. The price moves and the news goes crazy over it.
I agree it's too much if using that word for just a usual correction, the price is already recovering right now and the bull run seems not over yet. The media is always making bad news whenever the price of bitcoin going down a bit and starts link the unrealted problems to the price decrease. We should be cling firmly about the market and it won't down that easy with such a little or unrelated news.
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