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Author Topic: Are you investing in crypto currency alone?  (Read 691 times)
Issa56
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June 13, 2021, 09:03:10 PM
 #41

Seriously the panic really caused a lot's of damages to the economy all over the world which have caused lots of people losing there jobs, so lot's of people started trading and investing in Cryptocurrency since after the pandemic. I started cryptocurrency few years ago I do invest in Cryptocurrency, I do trade cryptocurrency which I do make my daily income from there and am also a bounty hunter I do market for upcoming projects and that's my only source of income.

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June 13, 2021, 09:48:24 PM
 #42

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?
Terrible situation. Not only economically, but also morally. There are no perspectives of a better future. Each new day there are less jobs available and if you want to get one of the few spots that ocasionally appear, you need to lick someone's ass in order to be hired. There is no dignity on it.
If you work by yourself, you can't rely on the local community, because there isn't enough demand and money for anything that goes beyond the basic needs that are already fully supplied. However, there are many people who say everything is doing very well in the country, because they have their jobs thanks to the currently elected politicians.

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June 13, 2021, 10:40:03 PM
 #43

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
Well, at the moment I am actually investing on cryptocurrency alone. I have no other investment yet but I am planning on committing to others. I have seen how effective crypto have been so far from me but I do not want to rely on it alone. There are a lot of other investments that can assure the security of my future that is why I am not being too overconfident about crypto. Who know maybe one day crypto might suddenly fail or flop even though that is impossible right now, prevention would be still much better than regretting in the future.
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June 13, 2021, 11:30:58 PM
 #44

in my family, I'm not alone, because my sister is also understanding crypto currency lately,
although it's a little late but I'm still happy that she wants to learn, I used to be alone,
before the pandemic, at school, at home, and in my environment still alone in the crypto world,
but after the pandemic everything changed, and I'm happy.

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June 13, 2021, 11:42:12 PM
 #45

I am holding a large amount of TRX and I will probably sell it in 5 years, this is an investment for my future.
Good luck with your investment. Don't you want to settle and sell probably half of it for bitcoin? There's more future for bitcoin but we'll don't know how huge or small the future that's in it for TRX.

But still, I'm wishing you well with your large investment on TRX. However, you should really be in the strategy of diversifying and putting some percentage in other crypto assets if you're solely focusing in crypto and trx only.

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June 14, 2021, 12:32:46 AM
 #46

currently I only rely on cryptocurrencies as my investment tool, during a pandemic like this my economic situation is helped because my crypto assets have experienced a fantastic increase.
other investment instruments in my country are very small profits obtained so I absolutely do not invest in other than crypto, only crypto can change economic conditions during the current covid-19 pandemic.

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June 14, 2021, 01:41:29 AM
 #47

currently I only rely on cryptocurrencies as my investment tool, during a pandemic like this my economic situation is helped because my crypto assets have experienced a fantastic increase.
other investment instruments in my country are very small profits obtained so I absolutely do not invest in other than crypto, only crypto can change economic conditions during the current covid-19 pandemic.

Your opinion about cryptocurrencies investments is not wrong, indeed since the pandemic only crypto has extraordinary performance.
Especially those who started crypto investments from the previous year, now must be smiling, because the increase in crypto this year is
really beyond expectations. I myself have been greatly helped by investing in crypto, I can earn profits that I can use to buy daily necessities.
I believe crypto has helped many people's economy, so for this year I will focus only on investing in crypto.

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June 14, 2021, 07:15:17 AM
 #48

currently I only rely on cryptocurrencies as my investment tool, during a pandemic like this my economic situation is helped because my crypto assets have experienced a fantastic increase.
other investment instruments in my country are very small profits obtained so I absolutely do not invest in other than crypto, only crypto can change economic conditions during the current covid-19 pandemic.
I am sure many people are doing the same as you because they realize that crypto can help them solve their financial problems. Crypto now becomes a new way for people who want to make money and crypto also offers to those who want to have a new type of investment to start anytime with small money. But they must remember that investing in crypto will not always give them profit in the short term so they need to have the patience to hold their coins.

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June 14, 2021, 07:54:10 AM
 #49

I would say yes because I do think that it can really help that I only do it alone so I won't be affected by external influences but that doesn't mean that I am alone in trading because I still have my friends teach me and them send some coins with potential for our circle to invest in.
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June 14, 2021, 07:57:08 AM
 #50

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
I also invest in stocks and recently received dividends from the stock I hold, not much but enough to keep motivating myself to keep investing in stocks besides the cryptos.

currently I only rely on cryptocurrencies as my investment tool, during a pandemic like this my economic situation is helped because my crypto assets have experienced a fantastic increase.
Congratulations on a fantastic increase, but if starting the investment in the last one or two months I think the result is vice versa.

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June 14, 2021, 08:01:53 AM
 #51

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?

I've got index funds and shares of blue-chips dividend-growth stocks. I also have some real state, but according to Kiyosaki's definition it would not be an asset, since I do not do business with it. However, according to other financial sources it would be.

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June 14, 2021, 08:15:19 AM
 #52

how will you describe the economic situation in your country at the moment?
Our economy is somehow improving after the government allow the companies to re-open, giving people a job to start over again. Its not yet better but we are recovering slowly.

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
Aside from my crypto assets, im also investing in gold accessories. I've been doing this right before I started to invest in crypto. Gold investment is also profitable though it takes time before you can see the gains.

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June 14, 2021, 08:48:34 AM
 #53

Well, because of the pandemic, I've been thinking a lot about running a business, and it's not just crypto that is my target, but also food, and other necessities like clothes, and land to buy in the future. This pandemic has made some business people successful, so, I want to study that and get involved in it. well, I took what I could get.
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June 14, 2021, 10:38:47 AM
 #54

Well, because of the pandemic, I've been thinking a lot about running a business, and it's not just crypto that is my target, but also food, and other necessities like clothes, and land to buy in the future. This pandemic has made some business people successful, so, I want to study that and get involved in it. well, I took what I could get.
Indeed, since the pandemic many people have learned to run a business,
Of course that's a positive thing and they really spend time learning the business both in cryptocurrency, food and beverage and many more as you would guess,
I'm amazed by what they did and that's a step forward

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June 14, 2021, 11:33:43 AM
 #55

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
What is clear is that the economy has fallen drastically after the Covid-19 virus. A lot of unemployment in my country because many companies are out of business. Even now I'm still investing only with bitcoin, there are investments in the real world in the field of trading, it's just that it's back again because covid 19 costs more than income. In the end I decided to focus on investing in bitcoin only.
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June 14, 2021, 12:10:54 PM
 #56

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
I have investments in Real life Like Food Business and also a car wash Business that managed by my wife.

ALso I am investing in multiple coins from Bitcoin to altcoins and also some investment in gambling sites

So basically I am not investing in Crypto alone  and that's what my philosophy in Life from the Beginning .

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June 14, 2021, 12:35:47 PM
 #57

Hell, no I'm not putting all the eggs in one basket. Even if the basket gives me so much profits in short term. Aside from cryptocurrencies, I did some investment on real estate, bought an apartment and gave to rent to I do have a passive income too. In the other hand, I do have investment on gold and holding golds since almost 8 years or even more. So, even if one market collapsed, I do have my other plans. 

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June 14, 2021, 04:27:05 PM
 #58

With my little money, I can only invest in cryptocurrencies with the dream that the money will multiply dozens of times. Diversifying investments with a small amount of money is very difficult. I try to choose coins with large potential with a small-cap for long-term holding. So far, the profits are not high, but I think the results will come in a few years.

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June 14, 2021, 05:14:12 PM
 #59

Hell, no I'm not putting all the eggs in one basket. Even if the basket gives me so much profits in short term. Aside from cryptocurrencies, I did some investment on real estate, bought an apartment and gave to rent to I do have a passive income too. In the other hand, I do have investment on gold and holding golds since almost 8 years or even more. So, even if one market collapsed, I do have my other plans. 
Exactly, this is a good plan to do instead of investing in one plan especially cryptocurrency which is still on the verge of going down badly compared to other investments which in my opinion are more stable and will not fall.
Real estate and gold is one of them, it's a must have for me to invest in all fields so that profits are not only from cryptocurrency but other income while remaining stable.
Just because of the bullrun of a few months we can generate massive crypto from crypto but no one knows in the future whether it will remain stable or even a severe dump, if one basket in crypto then everything can be destroyed.

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June 14, 2021, 05:46:33 PM
Merited by The Sceptical Chymist (2)
 #60

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
Honestly right now I do not have enough money to invest into anything else, this is why bitcoin is the only thing I can afford to invest into. If I had more money I would definitely invest into more stuff, right now my dream is to own a shop to rent out, not to own and do something, I just want to own a place for a shop and then rent it to someone who will use it as a business, I wouldn't even charge a high rent, I just want to make sure that they could pay it so I would charge less than average for that place, that way I would be capable of just having a good income and even if I can't rent or get the rent from the renter, that place itself would be profitable over long period because it would increase in value.

However that requires a ton of cash and that is why I am not capable of doing something like that. Obviously it is not simple but I think I can still do it one day.

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