Ico, ieo, defi, meme, nft and so many altcoin trend came, created hype and then end. I notice, when a new trend start, then trend Related new altcoins are getting lots of investor and become profitable! And seeing such success ratio, scammers also launch their token and destroy the trend and hype with scam. Now Ai coins are in trend. FET, AGIX and OCEAN are suppose to be good for investment. What do you Think? Time to invest AI coins or you avoid?
Currently AI technology is in trending. Most people are leaning on it so hopefully it will do well in the future. But also keep in mind that Metaverse projects will give very good results. When the price of Bitcoin went up such a project gave a lot of profit. So if there is enough funds, just buy and hold everything a little bit. Metaverse tokens still exist right now but not that hype compared to when it first introduced in the crypto market, AI tokens will face the same problem because right now I see lots of AI projects around the Internet. Right now it's still good to invest in AI tokens but always don't be greedy, sell when the altcoin season ends. When something popular happens in crypto there will be lots of scam attempts from scammers it can worsen the AI project's reputation from the Investor. |
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Sometimes I begin to imagine instead of transferring my money into the bank to keep for a number of days or months before usage in form of savings that nothing will add up instead it remains stagnant or the bank charges me even more. Is it not better I save them on a stable coin such as the USDT?
Please what do you think? Will I end up losing my funds one day if I do so?
To me I feel it's good way to save.
Please what's your opinion on this?
Well it's good when you can sell your asset to USDT when it's on a new ATH after that you can wait to invest at a good entry price, for long term saving on USDT might not be a good idea but if you find an opportunity don't forget to take it. Also saving in a stablecoin has a risk because even a stablecoin backed by fiat with a ratio of 1:1 is able to dump below 0.95$. Crypto world is very risky so we need to prepare for any risk that can happen. |
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I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %
For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
Right now I put my money on Ethereum waiting for the ETH ETF to get approved https://finance.yahoo.com/news/ethereum-etf-approval-expected-may-155915399.html After Bitcoin ETF was already approved I moved my 80% Bitcoin to ETH and hoped that the Ethereum movement would be like Bitcoin, for other altcoins other than Ethereum maybe I only have 1% for top altcoins such as BNB, DOT, SOL, etc. I'm more like to invest in something slow but sure rather than gambling my money on memecoin |
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When there is inflation, an increase in the minimum wage is necessary to ease the pain of inflation on people. Btw the inflation rate that the government sets is not a good indicator because sometimes they say that inflation is 10% but actually in real life, product and service prices go up by more than 20%. Since many companies pay a minimum official wage to their employees, it's good if governments increase the minimum wage because an increase can help millions of people overcome financial difficulties. For example, while inflation is 20%, 10% increase in minimum wage can make it look like inflation is 10%.
It's not strange when the government said the inflation is 10% but actually around 20%, that's because not all items are up more than 20% let's say in my place vegetables are up for 5% and rice up for 1% so the government will say that the inflation will be around 3%. Why we always feel that the inflation from the government is different from the reality because our daily needs are the one got big inflation. Raising the minimum wage is good when the companies are able to raise their worker's minimum wage if they can't raise their minimum wage some workers will get fired from the company due to a lack of funds to pay the worker, in the end unemployment rate will increase and many people will lose their purchasing power. |
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~snip~
To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.
Many reasons why they didn't save at their young age or at any age, most reasons are because they want to enjoy their youth so they won't regret it when they're married, their salary is not enough to save because the cost of goods is really expensive, they focus to invest and forget to save their money in the end, and many more reasons. saving is really helping us when something emergency happens because with saving we can keep our crypto Investment from being used. I hope that young people start to saving in their early so they won't regret it in the future. |
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Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living
Lots of people get the new opportunity just from cryptocurrencies themselves because someone may become rich from just investing in the crypto for the long term, people will have another source of income if they know how to earn in cryptocurrencies On the other hand many people already become a well-known CEO just from cryptocurrency. |
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~snip~. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?
Well, meme coin uptrend won't last long unlike Bitcoin or another altcoins, mostly meme coins full of manipulation and become exit liquidity in the end. Someone may become a millionaire just in few days with meme coin by investing in the correct one but it's very rare, we should know the risk because it can give you tons of money and it can vanish your money in a day. If you think meme coin that you just found is good with a strong community just invest in there for a short term don't for the long term because most meme coin will fall down when the hype ends. |
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Can we expect any rewards , for participating in them in Q4 2023?
Whatever project you're testing mostly project will give you a reward for your contribution in the testnet, mostly we only need to a small amount to get the reward or only some few fees. Many new projects conduct a testnet with a reward to attract new investors so investors will know how the system works, and why it's unique/different from the others. But we should be careful with fake testnet website which can make our metamask compromised. |
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If we are trying to remember a altcoin name for investment when ether come in our mind firstly as a reliable trusted altcoin. i hope you are already ether holder, if so then great otherwise check out this coin first. Then it comes to others altcoins inventment. Ada xrp matic sol Litecoin could be good. Doge coin may kept in your wallet if you want to risk for higher amount return. Besides sui abr aptos cake Ocean and so many tokens are good for investment.
Doge can give big profits if we're lucky since meme coin really have bigger risks other than normal altcoins such ETH, BNB, SOL etc. rather than trying with our luck it's better to invest in something clear in terms of utility, community, team member, and roadmap. We're going to have altcoin season so it's better to choose top altcoins rather than still gambling with meme coin. Don't forget to make investments based on your research because lots of influencers will ask you to invest under them or follow their movement. |
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Look, you can be old and rich or young an poor, but being old and poor is bad shit.
A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.
Lazy people will have this mindset because they will not try to maximize all the possibilities that exist in order to earn more and start to invest, usually, they will use the words enjoy life even though if they do not start investing it is impossible to enjoy life when they are elderly unless they win the lottery because it is impossible to live only by relying on today's income for a better future, except by starting to save and invest to be able to beat inflation. Well, some of my friends didn't save at a young age because they wanted to enjoy their youth, many people who aim to have investments at a young age they're hoping their investment can give a financial freedom when they're retired. My friend said youth only happens once in a lifetime so they want to enjoy it without any regret because they miss their youth. As long as we can maintain our spending so we won't have any debt I think it's people choice. |
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We know better cryptocurrency market always unpredictable. Yet we invest in the cryptocurrency market. Sometimes the market gradually turns to bear.
My question is how do we know if the market will go bearish.
You can check momentum indicators such as RSI, usually when the monthly trend becomes overbought we can expect the bear market is near because correction can happen anytime when the momentum at overbought area. When the bear market happens we should take the opportunity because many people miss the buying opportunity around $15k and lots of people hoping that Bitcoin can go around $32k right now. |
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I wonder why some traders are still experiencing losses in their crypto trading upon all the impart professional traders are imparting traders in some trading section to ensure traders know when to trade to win and when not to trade to avoid losses. Can you make everybody to win in their crypto trading? ~snip~
Well, technically yes but if you ask if I can always make them win? no I can't. Many professional traders or influencers share their tips and tricks on social media and recommend when to buy and when to sell. When they share something like that indirectly they make everyone who follows him will win in their crypto trading if his tips work well. But we never guarantee anything when we follow someone movement even our strategy will often be wrong. Don't be greedy in trading, because greed will only make your profit become losses in just one night especially when you trading altcoins. |
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If we assume then surely I'd do Bitcoin and split evenly between ETH and ETH and go hodl for long term because long term investment is probably the best method for me to generate a good return in the future for long run. Since I don't really have that much time anymore to do day trading, then those 2 altcoins really fit to invest long term alongside of Bitcoin due to their strong community and teams.
Before recommended with long term investment have to see OP any decision with short term or long term trading, usually if not get stable financial they will prefer short term investment than long term and try how consistency earn much profitable in daily day. Actually Bitcoin is very recommended for OP regarding how much capital he has, its not matter with short term or long term during earn much profitable but if OP get another income will prefer keep use long term investment in bitcoin. For altcoin I can recommended only BNB and ETH, very risk when recommended some one for investing with other altcoin looking how potential price drop significant and difficult get recovery. Long term is really good for Bitcoin, many altcoins become dead projects in a year, two years, etc. It makes us to hard to look at altcoins to invest in because of the high risk of scams, rugpull, etc. Probably the second best crypto other than Bitcoin is ETH right now because lots of ETH ETFs coming this year making the ETH market will move like Bitcoin. Almost $2B gone from hacks, scams, rugpull according this article https://www.coindesk.com/tech/2023/12/27/crypto-users-lost-2b-to-hacks-scams-and-exploits-in-2023-defi-says/. Looking that amount in one year is really risky to invest in any altcoins. |
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All coins we are going to invest is too risky and it will become too risky if we don't have little knowledge about that coins we are going to invest but even though it's too risky but still we can find a good way to handle it. Cause we all know that we can make more profits. But as what i said we need to study first the coin if it will make us satisfied in the future or it will fail us. Research is the most effective way for investment so without hisitation we must conduct a research first.
Even with researching the project, we can't avoid the rug pull, scam, or abandoned project. I agree that investing in altcoins is very risky that's why we should prepare for the worst when investing in cryptocurrency especially altcoins, we need to be aware that coins with unhealthy gains could become a rugpull and end up becoming scams also don't forget to use money that we can afford to lose. |
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I understand reading your edit that you already have an idea of fear...
I think it is not about fear, it is always something normal, no one wants to lose money, but when you manage to stipulate the loss as a stimulating factor to stop being afraid, it is the way to turn that fear into a profession or being able to trade.
Overcoming fear is just the beginning, it does not guarantee success...
That same situation, whether successful or not, in commerce, leads you to various "opportunities" among those you mention, the airdrop, etc. Then you simply decide what you want to do, but no matter what you do, one way or another you end up trading.
I agree most people doesn't want to lose their money but want to keep in profit in trading, we know that thing is impossible because anything can happen in trading especially when we trade altcoins which the risk is more bigger than Bitcoin. to overcome our fear and making ourselves ready to lose is using money that we can afford to lose because it won't burden your mind when we losing at trading tho. Many new traders entering crypto market just want to earn lots of money without realising the risk behind it, in the end they start with minimum knowledge. |
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Over time, I've heard discussions about inflation and the rising cost of goods and services across almost every sector on the world economy.
However, suggestions have been made in various ways on how best to tackle the menace called Inflation. Recently I have personally thought that one of the ways to fight inflation in an economy is to increase minimum wage. More so there has been a back and forth argument on these, as some persons argue that the increase in minimum wage will rise the bar on commodities, because they feel hence you increase the purchasing powers, it will have a multiplier effect on the economy which might be challenging.
So guys, is increase in minimum wage not a good measure to fight inflation. Let's have your opinion.
No it's not, scarcity of goods would be the main factor why inflation always increasing. lots of young people didn't want to dive into the production field because they thought that if they worked on that field they wouldn't get rich fast many young people looked for a way to get rich fast like by gambling, investing, becoming famous, etc. we need a real solution for this and young people should open their eyes that crisis would happen at any time. You can read this reference: https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.aspIn that article stated "raising the minimum wage believe that higher wages could lead to inflation, make companies less competitive, and result in job losses". |
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