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461  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it the right time to invest in cryptocurrencies? on: December 24, 2021, 10:10:32 AM
I would say that now is a decent time to invest! There is alot og amazing projects out there, but its very hard to choose. I hold mostly FTM, but also some  BTC together with EOS. But yours might become different, i wish u goodluck! We are all on the same side even if it doesnt look like that! We all want crypto to grow together.

The time for a good chance now comes in but there are still lots of people asking if it's now the right time to invest. I don't know what they are waiting for. If they are expecting more dip, they might end up stuck up waiting as the price will now go to an uptrend.

Investing in crypto needs guts. Regardless of the buying price we make a purchase, we have to face what will happen next and be ready for all difficulties.
Quick in making decisions is also one of the important things so take this time to buy or invest,
there will always be risks in investing, so apart from needing courage, we also need to consider carefully
462  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is not a rival of Bitcoin on: December 23, 2021, 10:26:53 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?

it is difficult for ethereum to be first on the exchange because bitcoin is so strong that there is no way for ethereum to be able to compete with bitcoin. but in my opinion what ethereum has achieved so far is extraordinary because ethereum continues to increase its price in the market, and being right below bitcoin makes ethereum the best altcoin.
For sure there is no doubting Ethereum what they have achieved to date is truly extraordinary,
but indeed to be able to beat Bitcoin honestly is still difficult,
even so it does not rule out the possibility in the future it can happen
463  Economy / Economics / Re: Bitcoin or altcoins on: December 23, 2021, 04:24:10 PM
If your goal is to increase your BTC holding them you can buy some altcoin and wait for them to raise up in BTC pair. When the BTC market rallies up it is wise to hold BTC because alt will bleed that time. When BTC dominance goes down convert your BTC into alt and wait for the next alt to rally up. Though holding altcoin is always risky if you are a short-term trader.
I feel that things like this will not go well, because most of the existing alt pairs will follow the movement of btc and when btc goes down they will automatically decline, even tend to be more.
but maybe for my own alternative to use stablecoins for this so that their correction is not too severe and wait until everything subsides then I convert it again to bitcoin
Yes maybe that's a good idea but again it depends on each individual's decision because they must have their own way,
Stable coins have always been an option to secure what we have earned and that's nothing new
464  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 22, 2021, 10:07:20 PM
The reason for fund manager is simply the obvious, that either there is too much assets to control and or that someone is too busy to control what they have. It is always that being busy means that there is a lot in your hand to manage and therefore you need a helping hand to help in business.
I do know people who still have fund manager and still do some trading whenever they have time. They allocate funds for their trade and other funds for their fund manager to deal with. Since we know we can not watch the market 24/7 thats why its good to have some fund managers to manage our other assets. If we know we'reable to managed not having someone to help us wig in monitoring and trading then its fine not to have one, but sooner or later its better to have a trusted fund manager that can do it for you to mostly enjoy your profit than focusing on monitoring it.
Actually it depends on the needs of each person because not everyone needs a manager,
if we have a wide variety of investment assets i think it definitely needs it,
I hope everyone can be aware of that because doing everything will not get maximum results
465  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to know if the project has a big future. on: December 22, 2021, 03:05:27 PM
The scam belongs to a bad group of projects and research is required to be done every time when you want to join, you need to do various research. For me, one of the most important things in a good project is the team. The team really determines the course of the project.
Teams can also be faked by scammers and this has happened in the past, so identifying the project team alone is not enough to make everyone avoid what is called a scam because it doesn't happen by itself but because of the intentions of several people.
That's exactly right. That identifying the team involved in a project is also not enough to know if the project is a scam or not. The Bitcointalk forum is also very helpful with the ANN space. Is there anything else that is far more important in your opinion so that we can avoid fraudulent projects?
It is necessary to conduct regular research on the project as a whole,
it is quite difficult to prove the project is a scam or not and I think this is an obstacle for everyone,
it's true that the information we get from the Bitcointalk forum is also helpful and we can get information from other sources
466  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long Term Investment Suggestion on: December 21, 2021, 04:24:58 PM
bitcoin being the best for buying friends. but the author only suggests altcoins. maybe the author wants to tell a special altcoin coin for the long term not from bitcoin.
Bitcoin doesn't need to be said anymore because it is very suitable for the long term and is also very strong fundamentally so there is no need to tell the author of this topic and it is also natural to suggest Altcoins to everyone at a price that is still very affordable.
It's true that basically almost everyone knows that Bitcoin is very good for long-term investments,
other than that the top altcoins like ETH, BNB, ADA and others are also good and it depends on each person's research
467  Economy / Economics / Re: Sharing and helping others on: December 21, 2021, 12:07:34 PM
We lift others by sharing knowledge we have  to others, the major concern is to give support to one another. Life is all about adding value to people.  Not sharing information that can change life of others is not the best.
Sharing knowledge is much more useful in my opinion than just sharing or giving money,
by sharing knowledge with others it will make them able to be independent whether it's looking for income or whatever it is
468  Economy / Economics / Re: Banks will die crypto will take over in 5-10 years on: December 20, 2021, 10:00:20 PM
Banks will not disappear. Banks represent the government. The government may launch its own country's digital currency, but cryptocurrency cannot replace banks. Many people still don't believe in cryptocurrencies. They believe in banks and store their money in the bank, even if they cannot make additional profits.
In this case it seems that it is difficult to see cryptocurrencies replace Banks,
Moreover, traditional banks have existed for a long time so that people can be said to have full trust in them.
but we'll see in the future because technology is growing and it's a shame if it's not used
469  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long Term Investment Suggestion on: December 20, 2021, 04:13:04 PM
Long-term investment is something we must do to get maximum profit, of course today many people sell cryptocurrencies when a few years ago they were still cheap, I also regret selling ETH, BNB and others, if I sell now of course I can get a very large profit .
I don't think we need to be sorry because it won't make us happy and instead it makes us keep thinking about the mistakes at the time,
better go ahead and start buying some coins which have the potential to invest long term
470  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is the cryptocurrency market entering a bear month? on: December 19, 2021, 05:46:02 PM
Maybe bear month in next circle is on early months of 2022. If price keep dumped or getting worst at it maybe i will say that it is on bear trend. Because to decide trend itself need more time than a days, but if want to make action it is worth too, if want to hold stable coins until market in a good condition, it is not a bad idea too.
To make sure it's better we just see in the early months of 2022 later,
there is no need to panic when entering bearish and that is a normal condition,
the most important thing right now is to keep up with developments and hope for the best
471  Economy / Economics / Re: This why wall street are rich and you are poor on: December 19, 2021, 12:20:59 PM
They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.

U never use loaned funds just to buy things for u if u dont have ur own money enough.

basically they borrow money to be used as capital for the business. but in my opinion, trading is not something that is recommended for everyone. because trading requires professional and experienced traders, therefore most of these people hire pro traders. and also the trading options are still around the stock market and forex not crypto.


In trading someone needs to have knowledge and skills I think that is something that we must have before starting to trade,
mentally you have to be ready because the risk is big so it's not easy to trade
472  Alternate cryptocurrencies / Altcoin Discussion / Re: Great coins to invest in? on: December 18, 2021, 04:09:54 PM
Over the last few days, the prices of all types of Altcoins, including Bitcoin, have plummeted. So investing in some coins at this time will be considered as a wise act. I think those who want to invest in Matic and Shib coins can get a good return after a while.
What's the difference between metic and shiba inu, aren't all the coins in the market being corrected, I think we need to wait for market conditions to recover first, so that we can take advantage of buying altcoins when pumping occurs, if market correction conditions occur, then almost all coins will experience the effects of the correction.
indeed, most of the coins are experiencing corrections, including matic and shiba. if you look at the two are different, I see matic tends to be more stable in situations like this. but shiba is in sharp decline at the moment. if we want to invest right now it might be profitable but we have to look for coins that are really potential, so we don't have to wait in vain

Apart from that shiba and matic are two different coins shiba is a meme coin and matic is one of the top altcoins,
with market conditions experiencing a correction this is the right time to buy some coins that have potential and promising futures,
I think you need to do some research first so you don't go wrong in buying coins
473  Economy / Trading Discussion / Re: Do you want to quit trading ? on: December 18, 2021, 03:53:48 PM
Not at all i do not desire this type of activity to stop trading. For me trading is very beneficial and it give me lots of satisfaction. I sense that a large number of people are engage in crypto trading but not all of them have benefit may be due to their lacking of knowledge. But as the time passes they seek to trade in crypto world.
Everything needs a process, nothing is instant including crypto trading,
after all we can't directly benefit or profit from crypto trading we also need to have knowledge and skills because it also plays a big role,
Trading is not something that is easy to do and the risks are also big so we have to try and work hard
474  Economy / Economics / Re: Did you realize in real life how Bitcoin gave us financial freedom? on: December 17, 2021, 05:33:35 PM
Btc provides some sort of freedom and life changing opportunity btc gives you easy access and you can transact freely without any third party, people can easily invest in btc without any stress unlike stock and other government assets, but for you to attain financial freedom, it means you have really made good money with crypto.

It must also be understood that easy to invest does not mean easy to make a profit from investing,
Basically, whatever the investment, there will always be risk.
there are indeed many people out there who have already gained financial freedom because of crypto
475  Alternate cryptocurrencies / Altcoin Discussion / Re: Is USDT a trustable? on: December 17, 2021, 05:19:41 PM
bad news circulating about usdt does not affect its current growth at all, in fact I see these factors make usdt the more grow, this is proof that usdt is a strong and safe stablecoin to invest in, I personally have been using usdt for 2 years and no problem at all.
So far I've used USDT also never had any problems and I have no hesitation in mentioning that USDT is a good and reliable stable coin,
obviously everyone has their own experience in using USDT,
so I think everyone has their own opinion on it
476  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin investment on: December 16, 2021, 05:35:30 PM
I wouldn't advise you to invest in NFT's these days because for me, they aren't well established yet and some of them are just being carried by too much hype. If you have enough funds for investment, you better invest it with top coins like Bitcoin and Ethereum which already have strong foundations. They're well developed and profitable and that's proven by lots of investors.
It's true for myself that investing in top coins is still a top choice and very worth it too,
for the long term there is no doubt that investing in coins such as ETH, BNB, DOT can be said to be promising,
but that goes back to the research that each person does
477  Other / Archival / Re: Are Banks afraid of Crypto adoption? on: December 16, 2021, 05:04:43 PM
The banks are not afraid of crypto adoption but they are following the government regulations so they depend on government orders if they need to integrate their system. Once the government asks them to learn about crypto for more, they will use their resources to know what crypto is and integrate it into their system. Maybe the banks are now trying to integrate their system but they do not tell the public about that because they wait for the government's instruction.

Yes, after all, the bank's orientation is business and profit.  If Crypto is legalized for the public, the Bank's position can be as an intermediary for Crypto against Fiat while Crypto will actually have difficulty in approval as a legal medium of exchange because stability in Crypto is difficult to obtain but it can be an investment asset and this is a business opportunity.
Yes, I would like to see crypto and banks collaborate in the finances section and give a free choice to people whether they want to save their funds in the banks or the crypto forms. Maybe crypto does not need to be a legal tender but still uses fiat as a legal tender. People are free to convert their crypto into fiat and there are no complicated regulations from the government to abide by. It will give more chances to help people have better finances because people can invest in crypto forms.

If banks could only do it easily but certain regulation towards certain countries stop this that's why we can see it having difficulty to happen. But I believe in future we can see this to happen but we need first to see a major adoption and also many countries to make it as their legal tender but for now its hard knowing government is skeptical about this technology.
Yeah if we talk about this in the near future I guess it's hard to make it happen,
even so, there is still a chance to adopt it, especially since we can see that crypto is experiencing good development every year,
so it should be usable and we'll see later
478  Economy / Trading Discussion / Re: Forex Trading is Profitable? on: December 15, 2021, 02:50:26 PM
Forex trading is better coz of Forex trading is any country’s local currency and company share based. That's why you will not loss a big amount on forex trading if you take a wrong entry. But crypto is much profitable then Forex but here also have a high risk. you can loss your big amount of money if you take a wrong entry on crypto trading. that's why Forex is safe then crypto.
Forex or crypto both have the risk of losing money if not done well. Forex is not very volatile, while crypto has a very volatile market. But the profits made in crypto will be more and more quickly if we can take advantage of the volatile market conditions.
First I got to know my trading started in crypto and I think it's more comfortable in crypto because the market moves faster and there will be no holidays.
Basically, both forex and crypto trading have their respective advantages and disadvantages,
in crypto we can make big profits quickly but the risk is also the same,
what is clear is that it comes back to each other's preferences
479  Economy / Trading Discussion / Re: Some trading mistakes beginners make on: December 14, 2021, 10:20:18 PM
The pressing need to make big gains usually is the major causes of these mistakes which i will call greed, greediness will only make you loose not just your profit it can cost you your capital as well. So as a newbie you shouldn't rush, move at a slow pace and you will eventually get there.
Avoid being greedy.

It will not do you good and have the attitude of contentment.

That attitude will save you in times that you're feeling greedy. Because if you're having that setback of emotion, that will make you realize that you have to take your profit.
Well, I'd sometimes feel being greedy too but I know when and I know the limitations. If I have the opportunity to earn more from trading, I do have not to lose it.

But for newbies, they make themselves out of control, they are getting more emotional when seeing such opportunity and that was the beginning. If they just know how to control their emotions, that was not a problem anymore, however, it won't.
That mistake isn't just for newbies.

Even with experience, people would come out being greedy and they tend to lose.

Control yourself and if you know your limitations, that's much better because you know what can happen and what worst can come.
Yes, mistakes can certainly happen to anyone, whether you are just starting out or even old and have experience,
the only one who can control ourselves, of course, is ourselves, although doing so is not something easy,
What is clear is that every trader, both beginners and old, must continue to learn and control themselves
480  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I need some Altcoin to hold longterm :D on: December 14, 2021, 02:41:45 PM
For long-term hold, of course, we have to choose coins that have a high reputation or have entered the top 25, I'm afraid because the competition is very tight, we will lose money if we buy coins that are still not well known.
In the top 25 or the top 25 in cryptocurrency rankings, there are still some that are not good enough to buy, such as the Shiba Inu example where the meme token still lacks durability for the future, so the potential is still very small and can even put you at the bottom of the rankings in the future.
Yes shiba inu is one of the meme coins even though it's currently at the top of the CMC rankings but that's no guarantee,
to hold in the long term it is better and certainly much safer to choose coins such as ETH,BNB,ADA,
I think the three coins are more feasible and promising for sure
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