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1  Economy / Economics / Re: Financial freedom and success comes from knowledge on: September 28, 2021, 01:58:04 AM
To do anything to succeed, you must have knowledge related to it. Achieving financial success and freedom is based on having a sufficient knowledge base, knowing how to invest and operate funds in order to obtain more profits. The right knowledge can also make it easier for us to obtain financial freedom.
2  Bitcoin / Bitcoin Discussion / Re: Bitcoin as primary currency on: September 26, 2021, 07:49:56 AM
Bitcoin is a very valuable currency, which provides many benefits for investors and holders. However, the policies of each country are different. If the country does not support the use of bitcoin, receiving all of the bitcoin as a salary will have great difficulties and troubles for daily consumption. And Bitcoin price fluctuations also bring certain risks.
3  Bitcoin / Bitcoin Discussion / Re: The life span of bitcoin is till infinity on: September 26, 2021, 07:35:20 AM
No one can predict the lifespan of Bitcoin, and nothing in the world will last forever.

Bitcoin is very powerful now, and it is being accepted and used by more people. Its development becomes more and more popular and gradually involves more fields. People's demand for it proves that it is valuable and has potential in the future.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be more effective in the future on: September 26, 2021, 07:22:04 AM
Although Bitcoin is banned in some countries, its demand rate and usage rate are getting higher and higher all over the world. Bitcoin provides users with freedom. Many people know its value and benefits. Young people nowadays prefer to invest in it, and Bitcoin's popularity is getting higher and higher. As people's needs increase, its value will continue to increase, so Bitcoin will be more effective in the future.
5  Economy / Economics / Re: Future economic fear of the rich and poor. on: September 26, 2021, 06:04:27 AM
The poor are more afraid of the future. They live in poverty and lack knowledge, education and funds, and it is difficult for them to find other ways to change the current situation.
The rich will observe market changes and take action for future opportunities. They can use various resources and superior conditions to find opportunities for investment and profitability.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Huge gains and still holding ? on: September 26, 2021, 03:52:13 AM
1.Many people have greedy ideas, and they are not easily satisfied with the money they have made so far, hoping to continue to hold them for more benefits.
2.It may be a project that investors trust very much, believing that it has great potential in the future and the price will rise. So even if they get some profits, they will still choose to continue to hold it for a long time.
7  Economy / Trading Discussion / Re: Trading skills on: September 26, 2021, 03:32:40 AM

Newbies who have just entered crypto trading must learn the basics of trading, understand basic market operations and have sufficient knowledge to better analyze the market. Then use a small amount of funds to try trading, learn experience in practice, and find your own trading strategies and methods.

Having enough patience and keeping calm is also very important in trading, to avoid blind trading and losing a lot of funds.
8  Economy / Trading Discussion / Re: Taking loan to trade is a risky task on: September 26, 2021, 03:15:17 AM
The crypto market is difficult to predict, and it is not advisable to borrow money to trade. Trading is very risky. Not all transactions can be profitable. Borrowing money will lose more funds when you lose money.

Invest within the limits of your own funds, so that you have the ability to guarantee normal payment of funds even if you lose money in the transaction.
9  Bitcoin / Bitcoin Discussion / Re: The difficulty of explaining Bitcoin to people is massive on: September 26, 2021, 03:02:18 AM
Bitcoin is a new thing, and it is difficult for many people to understand things that are not of interest. They don't understand how cryptocurrency works or the technology behind it. You can let them learn related encryption knowledge online, or show them the working principle of Bitcoin in practice, which is easier to understand than explaining basic theoretical knowledge to them.
10  Economy / Trading Discussion / Re: What every new trader should be focused on on: September 26, 2021, 02:42:58 AM
New traders should focus more on learning encryption knowledge and skills, and learn to use indicators to analyze market trends. Start trading with a small amount of money first, don't worry about losing money, the most important thing is to gain experience in practice. Finding a trading strategy that suits you based on experience will increase your chances of making profits in subsequent transactions.
11  Economy / Trading Discussion / Re: Trading is a game of capital on: September 25, 2021, 09:21:37 AM
Regardless of the amount of funds, you need to have trading knowledge and suitable trading strategies. Of course, the more funds you trade, the more profits you will get.
Trading is very risky. Inexperienced traders can first trade a small amount of funds to learn trading knowledge.
12  Economy / Economics / Re: Two basic things that can give you an advantage on: September 24, 2021, 07:37:30 AM
Keeping calm in the crypto market is the key to successful trading and investment.

Experienced investors always profit because they use a calm mind to analyze market trends and make correct judgments to determine the best time to sell currencies.
Encryption novices will always be affected by market sentiment and can easily lead to economic losses due to panic.
13  Bitcoin / Bitcoin Discussion / Re: The Great Thing is about Bitcoin on: September 24, 2021, 07:25:53 AM
Bitcoin is for everyone. People don't have to buy full bitcoins, they can buy the amount they want. Not only rich people with a lot of money can invest in Bitcoin, it also provides investment opportunities for ordinary people.
Bitcoin's decentralization will not be controlled by the government and banking system, it is the free management of personal funds.
Bitcoin also brings more benefits to investors and helps people improve economic development. Long-term investment can achieve wealth freedom.
14  Bitcoin / Bitcoin Discussion / Re: Why some millionaires hate Bitcoin? on: September 24, 2021, 07:12:49 AM
They hate Bitcoin because they lack encryption knowledge and don't really understand the value of Bitcoin.

Bitcoin price volatility is risky, and they are afraid of losing their money when the price falls.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: The greedy must be poor on: September 24, 2021, 06:58:56 AM

Greed is not necessarily poor, it may be a profit method for investors. They will stick to their set profit target and choose not to sell when prices rise. Invest in cryptocurrency and choose to hold it for a long time to get the most profit.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Gold: Superiority on: September 24, 2021, 06:38:55 AM
Both gold and Bitcoin can be profitable.
Although gold is a relatively safe and reliable asset, its profitability is very slow.
With the development of time and technology, Bitcoin has become an increasingly popular asset. It can bring benefits to people and help improve the economy in a relatively short period of time, so more people like to invest in Bitcoin.
17  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: September 24, 2021, 06:29:54 AM
Trading requires more knowledge of encryption, continuous learning and analysis of the market. It also takes more time and patience to profit from the volatility of cryptocurrencies in a short period of time.
Investment requires a lot of financial support. Investing in relatively secure cryptocurrencies such as Bitcoin and holding them for a long time will eventually obtain high profits.
18  Economy / Economics / Re: knowledge and Capital which is Very important in Business or Investment? on: September 24, 2021, 03:30:05 AM
Knowledge and capital are both important in the crypto market.
Sufficient knowledge reserves are conducive to success, and having capital without knowledge will make you lack investment goals and will often lead to losses.
Having a large amount of capital is more conducive to the beginning of investment, and the more capital, the more profits can be obtained.
19  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: September 24, 2021, 03:14:24 AM
I will choose to accept a small amount of Bitcoin and most of the legal currency, store the bitcoin and use the legal currency for consumption and payment.
Bitcoin has not yet been widely used, and only a few shops may accept Bitcoin as payment. Therefore, legal currency must be reserved to meet daily consumption. And if there is a remaining legal currency, it can be used to invest in Bitcoin or other currencies.
The price of Bitcoin is unstable and has certain risks. At present, it is not suitable as a daily transaction currency but more suitable as an investment currency. Long-term holding can obtain a lot of benefits.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: September 24, 2021, 03:03:59 AM
Bitcoin will not disrupt the economy. From the past few years, we can see that Bitcoin has brought huge profits to investors, and it has made long-term investors more profitable. Bitcoin brings positive help to the economy, provides users with the opportunity to manage funds freely, and helps us achieve wealth and freedom of thought.
Bitcoin's decentralization is not controlled by the government and its number is fixed and limited, which can effectively alleviate the problem of economic expansion and is conducive to economic stability.
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