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Author Topic: Are you investing in crypto currency alone?  (Read 691 times)
Ucy
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June 16, 2021, 03:35:19 PM
 #81

People don't look that bad as far as I can tell. I don't know much about the whole country, I am simply focused on my on locality, which is more important to me. Though some complain too much but don't know how lucky they are.


Currently invested alittle bit in a business I don't really want share here yet. I'm also venturing into designing and manufacturing of machinery that doesn't seem to exist where I live. Want to know if it will be in high demand before starting production, and I want it sold as cheap as possible. By the way, I only design and get the locals to produce... so I don't produce them myself.

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Shenzou
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June 16, 2021, 08:21:21 PM
 #82

For me the pandemic hasn't really affected me personally in a bad way at least on economic part, as i work with a company that provides online services during the pandemic  the whole work thing shifted from going to the office to working from home, and i even got a bonus after the whole thing started to open up a bit, and i think that for many people  and companies the working from home proved to be an efficient and productive concept, and it really opened up a lot of new option and possibly new work opportunities in many cases, as for the investment in crypto i have been able to invest in it from my own money since my salary plus bonus allows me to especially with not much to do with since i can't travel the last two years because of covid i doubled down on investing in crypto.
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June 16, 2021, 10:30:48 PM
 #83

only a few countries that shut themselves off from the development of the times and technology.  but I still appreciate it as a form of protecting its citizens from foreign cultural threats.  for me crypto investment to be an economic solution due to Covid-19 is over.  because the market has been bullish in Q1 and now the market is experiencing bearish.  already enough investment for the current conditions.  we have to wait for the market to be really bearish before we invest again in potential coins that have collapsed.  we support the project and develop it. CMIIW

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Renampun
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June 16, 2021, 10:54:44 PM
 #84

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?
other than in crypto I have no investments anywhere else...

in some countries the economy has started to rise, it's because of the stimulus from the government. I make a little money from crypto and that makes me really grateful. I really hope the crypto market will be bullish again and many investors enter crypto again.

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June 16, 2021, 11:37:11 PM
 #85

Pre pandemic, I’m investing a lot on my printing service, though sadly that venture needs to be halted temporarily since the operating costs far exceeds the profit I’m making. Currently aside from crypto, I’m also engaged in stocks, mutual funds, and poultry farming which is an extremely good business if you have the right contacts. It definitely added up a lot in my portfolio and is in high demand for the most part considering how poultry is a huge part of the dishes people here in my country prepare. A lot of farm-related investments are worth taking shots, really.

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June 17, 2021, 05:27:18 AM
 #86

For now, I am putting all my money in crypto since I don't have a work yet so I might as well invest on something affordable and can make a lot of money. I plan to increase my passive income becaise I find it hard to work these days with exploitative businesses and toxic work environment and low salary.

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June 17, 2021, 06:31:00 AM
 #87

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?
Cryptocurrency is a relatively new market and a new type of financial investment of your funds. I personally am not one hundred percent sure that this market will not collapse overnight, even if just for a long time.
Therefore, I consider it correct to make alternative investments. Part I invest in the modernization of real estate, and part of the deposit in the bank.
My government is still cheerfully informing that this year it expects a good percentage of economic development, but I do not believe in that. In practice, almost every family either lost their jobs during this time, or their business, or suffered other material losses due to the coronavirus pandemic.

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June 17, 2021, 11:44:01 AM
 #88

Yeah. It is mainly due to the fact that current market is quite at its low. I believe it could skyrocket anytime soon as long as more countries are considering in adopting and regulating bitcoin. DeFi space is also at its mainstream and these days are good to engage to some of DeFi projects. It could literally boost up my investment unlike stocks and other kind of investing.
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June 17, 2021, 11:51:18 AM
 #89

For now, I am putting all my money in crypto since I don't have a work yet so I might as well invest on something affordable and can make a lot of money. I plan to increase my passive income becaise I find it hard to work these days with exploitative businesses and toxic work environment and low salary.
I had this kind of scheme about a month ago and now that I have enough money, I am slowly branching out towards NFTs and stocks so I can make some more of those passive income that you are mentioning although I want to consider doing some work.

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June 17, 2021, 12:14:45 PM
 #90

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?

For now, I only invest in crypto alone. However, I do have plans to buy some land within my province and a real estate property in the future once I’ve made a fortune with some of the cryptocurrencies that I have in my portfolio.

Not a fan in buying stocks for now, but I consider gold and silver in my plans.
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June 17, 2021, 12:24:44 PM
 #91

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

Gain in stocks is really slow and small unless you have a huge capital for it like hundred thousands. Unlike in crypto, investing to good potential coins like bnb, eth, and sol will bring you good gains even if you don't have huge capital. You just need to have strong mind to not be affected when there is fuds or it is bear season. I've been into crypto since 2016 and I already saw many coins that soared from $1 to more than $10 now. If I just bought some of those coins in its early days then I would be rich by now.
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June 17, 2021, 06:30:26 PM
 #92

Gain in stocks is really slow and small unless you have a huge capital for it like hundred thousands. Unlike in crypto, investing to good potential coins like bnb, eth, and sol will bring you good gains even if you don't have huge capital. You just need to have strong mind to not be affected when there is fuds or it is bear season. I've been into crypto since 2016 and I already saw many coins that soared from $1 to more than $10 now. If I just bought some of those coins in its early days then I would be rich by now.
Well, there were coins that didn't make too much profit in the past year (not common I know) and there are stocks that made 7x profit in the last year, so it is about how well you are at what you do and not about the market prices. I personally believe that there is a good chance we could end up with a profit in crypto if we are calm and collected instead of trading like crazy, but there were too many people who lost even during the biggest bull period as well, no idea why they act that way, like all the profit will be gone if they act slowly, but there were those people anyway.

Long story short if you are sure about what you are doing, then you should be feeling alright about either stocks or crypto, as long as you pick the right thing then you will profit as well. However one thing always boggles my mind, stocks are based on companies, crypto is a currency, why do people keep comparing them all the time?

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June 18, 2021, 02:28:05 PM
 #93

As of the moment, my investments are mostly in cryptocurrencies. For me, cryptocurrency is one of the best investment vehicles that can generate profit over time, hence, I allotted most of my funds in it. However, I also plan to invest on other assets too such as investing in real estates, oil, gold, and maybe stocks. It's still much better to diversify our funds rather than putting it all into one platform. Like what they always say, it's not wise to put all your eggs in one basket.

I really hope by investing in different platforms I will be able to achieve financial freedom in the next few years. It will surely bring a nice feeling if you know that you're already secured financially for the rest of your lives and will not be dependent on anyone anymore.

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June 18, 2021, 03:30:09 PM
 #94

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?
The pandemic situation has destroyed the economic structure of my country .We are facing a huge trouble with our economy .However as a investor always we find the opportunity where we wanna invest and get our money back with profit .I have started invest on crypto from the beginning of my life .That's why i don't really know much about stocks and commodities .Crypto is a life changing platform .So i am still investing on it when i get any chance .

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June 18, 2021, 05:44:18 PM
 #95

From my all about investing histories i never invested any where expect crypto investment and i have got much profit from this platform and i have strong believe in crypto platform though i am in loss for future trading but strong believe it will change my life.

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June 18, 2021, 11:03:05 PM
 #96

It's best to diversify your investments on different places likes stocks and maybe bonds. You should invest in crypto currencies only if you can afford to lose. The crypto market is very volatile and investment over there has a very high risk. If you are willing to risk it, then go ahead. Invest everything (that you can afford to lose) of crypto currencies. As long as you are investing in one of those top well developed coins, and planning to hold long term, you will highly like be fine and make some good profit. Just don't sell at a loss.

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June 18, 2021, 11:27:37 PM
 #97

The rate of inflation is increasing and skyrocketing as the year progress, the rate of unemployment is increasing in my country that's why I have taken crypto as my number one source of income.
As soon as I'm done with my thesis, I will embrace crypto fully because it's has help me pay my bills and some school fee.
Invest in crypto but never used an urgent money or loan as anything can happen.
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June 18, 2021, 11:44:41 PM
 #98

Not only cryptocurrencies of course. I have made an investment into gold also. Because I see both of Bitcoin's and gold's future really bright. They will be the best choices if there is an economic crisis I think.

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June 19, 2021, 12:19:18 AM
 #99

Well for me, when I started I got other investment plans which was really doing well but later failed and also I tried out many forms of investment too which later turned out to be ponzi scheme and finally went away with my money  so decided to invest only on crypto and keep my profits in fiat, this is actually how my investment had been like and in time to come I would go for offline or physical investment because those ones are actually less risky and also gives good profit continuously.

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June 19, 2021, 02:03:59 AM
 #100

We can not put our all money in crypto alone because they are very volatile. You can loss your all money in this market. You can get a higher rewards also but very risky. We can invest sum of money in our country markey they can give loss but not too early, even we can invest in gold as well.so no need to put all money in cryptocurrencies.
in fact, I also don't keep all of my assets in the crypto world. however, I know that the crypto world is very risky. I even saw many people selling their assets to enter the crypto world and losing money there. Well, right now, I'm probably keeping my 40% in crypto, and the rest is in other investments.

It is always good to be able to diversify money when you have enough, in my case I would love to have the economic options to do it, however I always advise buying physical or digital gold, having real estate investments and investing in Bitcoin.

When saying Bitcoin can also include investment in some cryptocurrencies that are about to explode, there are many based on Defi that are great, in fact they have very little time and have reached huge prices and an incredible specific capitalization, if I would say that it is not bad idea if you can invest in crypto only while you get more money to put it in other options

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