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Author Topic: New Year - The crypto economics  (Read 466 times)
Mihawk
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January 03, 2022, 10:05:24 AM
 #41

Happy New year to you!

My 2021 economy was a bit rough at the beginning but started getting stable towards the end of the year.
I have a fashion brand. I make clothes, display in my showroom and advertise online too.

This year I hope to integrate payment in cryptos

I enjoyed a bit of futures trade with a channel I came across on Telegram. I learned how to read charts and understood a lot about trading futures.
I hope to continue improving on my trades this year.

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January 03, 2022, 05:11:20 PM
 #42

If you have grab all the best market opportunities in 2021, then it will not be surprising if you will end the year seeing all your investments are in good shape. And as we look forward for 2022, i think there will be a new batch for bullish and bearish season, and of course short corrections that will also bring opportunities to invest in the market.
2021 was filled with a lot of opportunities, there were lots of cryptocurrencies that were really bullish in the year 2021. We saw Bitcoin increase to a really high price, and apart from Bitcoin we also saw Doge coin, and ShibaInu, both meme coins were able to increase to a really high price as well. And investors who were able to get on these investments as early as possible were able to make really good amount of profit.

There were also many other outcomes that increased in value. And that’s for this new year 2022, analysts has been predicting that there would be a bull run for the Altcoins market in this year. But we don’t know how accurate that prediction is going to be. They already predicted a bull Bitcoin that would have happened before the year 2021 was over, but that never happened. Maybe we might see that happen in this year, and Bitcoin might reach another all time high price, or maybe not. We just don’t know it yet.
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January 03, 2022, 07:11:16 PM
 #43

~

happy new year to you too (sorry to say it a little late) Cheesy

2021 is an amazing year for me too, and hopefully 2022 will be even more extraordinary than last year

I'm happy with your goal this year (open a business that accepts crypto payments) good luck with that. my goal this year is to collect more crypto assets for me to hold in the long term (5 years)

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January 03, 2022, 07:57:41 PM
 #44

I have my doubts of the future of cryptos this year but then i am overly optimistic that i will make my greatest wealth ever from cryptos this year 2022 than any other year. This is so because i am new to the crypto space and i see a lot of risks around this space. Nevertheless, my first year in the crypto space has taught me that when you get the right information about a thing and you are opportune to be at the right place at the right time, you will definitely succeed.

Here is my plan for the year 2022. i will be more involved in futures trade and margin trades.
i will explore this space to understand the depths of the usefulness of Bitcoin. I would love to invest huge in the Bitcoin market whenever i feel the dip is healthy enough to go long on it.


I know 2022 will be a better year for me in the crypto space
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January 03, 2022, 08:39:01 PM
 #45

Not only you are addicted to the forum and cryptocurrency. Same here, I am also addicted to the forum and cryptocurrency. Last year almost went best for cryptocurrency economics, and good for my economics. I can say last year was Bitcoin adaption year although it's just beginning. I am expecting more adaption this year and more institutional investors as well. To be honest I am waiting for a dip to accumulate Bitcoin. Not sure if I would succeed here, but waiting for a chance.
You won't really know if its the deepest dip so at least you should start buying bitcoin when there are good opportunities to buy. After all, buying bitcoin even at its high price will still be profitable in the future, as long as you will hold it in long term.

However, my last year's economy was not that bad after all. I still end up making profits in bitcoin even if its not really huge. So in 2022, my goal is to accumulate more bitcoin and eventually good altcoins to diversify my portfolio. I guess this year may be full of excitement again, so i'm looking forward for future gains and inevitable losses this year.

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January 03, 2022, 09:54:23 PM
 #46

2021 was filled with a lot of opportunities, there were lots of cryptocurrencies that were really bullish in the year 2021. We saw Bitcoin increase to a really high price, and apart from Bitcoin we also saw Doge coin, and ShibaInu, both meme coins were able to increase to a really high price as well. And investors who were able to get on these investments as early as possible were able to make really good amount of profit.

There were also many other outcomes that increased in value. And that’s for this new year 2022, analysts has been predicting that there would be a bull run for the Altcoins market in this year. But we don’t know how accurate that prediction is going to be. They already predicted a bull Bitcoin that would have happened before the year 2021 was over, but that never happened. Maybe we might see that happen in this year, and Bitcoin might reach another all time high price, or maybe not. We just don’t know it yet.
That's the thing about crypto, it keeps on improving. Look at the fiat world, we had gold, we had stocks, we had some other financial stuff and that's about it, we barely get anything common retail investor uses constantly, if we were to look what people invest mostly, we will see that it has been the same thing for decades. What about us in crypto?

We invested in regular decentralized crypto, we got into ICO, we got into STO for a short span, then IEO for a while, then NFT, DEFI, PLAY TO EARN and many other things nowadays. God knows how many things I forgot there, so we keep on improving and I honestly have to say that it is better as well. I get that bitcoin is great and all, but the way ETH improved is magnificent, and all the new things we are getting are better in tech than anything we got in previous years. Obviously some of them are scams, but it is still valid for the proper ones.

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January 04, 2022, 08:14:37 AM
 #47

2021 was filled with a lot of opportunities, there were lots of cryptocurrencies that were really bullish in the year 2021. We saw Bitcoin increase to a really high price, and apart from Bitcoin we also saw Doge coin, and ShibaInu, both meme coins were able to increase to a really high price as well. And investors who were able to get on these investments as early as possible were able to make really good amount of profit.

There were also many other outcomes that increased in value. And that’s for this new year 2022, analysts has been predicting that there would be a bull run for the Altcoins market in this year. But we don’t know how accurate that prediction is going to be. They already predicted a bull Bitcoin that would have happened before the year 2021 was over, but that never happened. Maybe we might see that happen in this year, and Bitcoin might reach another all time high price, or maybe not. We just don’t know it yet.
That's the thing about crypto, it keeps on improving. Look at the fiat world, we had gold, we had stocks, we had some other financial stuff and that's about it, we barely get anything common retail investor uses constantly, if we were to look what people invest mostly, we will see that it has been the same thing for decades. What about us in crypto?

We invested in regular decentralized crypto, we got into ICO, we got into STO for a short span, then IEO for a while, then NFT, DEFI, PLAY TO EARN and many other things nowadays. God knows how many things I forgot there, so we keep on improving and I honestly have to say that it is better as well. I get that bitcoin is great and all, but the way ETH improved is magnificent, and all the new things we are getting are better in tech than anything we got in previous years. Obviously some of them are scams, but it is still valid for the proper ones.
New year may bring a lot of crypto challenges and surprises throughout the year. And bitcoin i think will always be the one to dominate the whole crypto market because it will grow more eventually, reaching new all time highs this year. But some things will always be the same like we had in 2021 so we must be used to it.

However, i want to start this year with more positive insights all about crypto and my own personal economy, leaving behind all the negativities we had in 2021. And i will claim it that this year will be more fruitful and generous to us so that we will see continuous progress when it comes to our own economy. But all these things will be possible if we continue to grow more too by keeping ourselves knowledgeable and widely open to grasp every good opportunity that comes.
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January 04, 2022, 08:31:53 AM
 #48

Having an extra stream of income is the fastest way for economic growth and if you most attained a balanced financial life then you don't rely on one source of income.
The year 2021 left behind some lessons and from that experience, we will develop our skills as that will enable us to invest wisely this new year 2022. I will be investing most of my time in personal skills development in cryptocurrency.
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January 04, 2022, 09:04:38 AM
 #49

Happy new year to all crypto investors. This year will be a better year to us.
Many investors loss so much income in the last year base on the collapsed of the economy in the country. Since many countries are now adopting bitcoin in their serious country which will really  improve the economy and eliminate unemployment in the country. Many countries are ready to recover all they have loss during the pandemic that caused so many countries economy collapsing because of the covid-19 virus that was spreading all over the world. This year 2022 many cryptocurrencies are set to help their users to earn well from the community.

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January 04, 2022, 09:58:34 AM
 #50

Happy new year to all of us. (Asian region passed the timeline). I’m still on forum and that makes me think how addicted I am to crypto currencies and bitcointalk forum. Lolz. I can hear the fire crackers outside with happy moments situation.

Well, the reason for this topic is new year and how is our outlook of it for the financial side. I’m very obsessed with 2021 and how it turned everything upside down for the financial part of my life.

I have learnt great amount of deal coming 2021 in regards with how I invest and earn my money. The balance of your income sources is way important than your expenses and investment. In 2022, I have very importnst goal to achieve and that is to add another income sources into my existing list. This could be either e-commerce based on crypto currency payment availability. This is just to cherish the new year with crypto as well as my personal income source outlook.

I wanna know how you guys gonna react to your own “personal economic world”.  Tongue

I had some ups and downs last year despite that my monthly average income has increased a bit compare to 2020 during the COVID-19 pandemic. But of course, mostly I lost money because of the bad trading and investment decisions that I've made especially in memecoins and shitcoins without doing my own research.

Right now despite that the cryptocurrency market is unpredictable, my goal is to manage and diversify my finances very well. Coz' as of late, I didn't monitor how much expenses I've spent every week, month, etc. So I am going to make it a habit starting today.

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January 04, 2022, 10:19:39 AM
 #51

We are already in 2022 and hopefully the negative trend that happened in 2017 when the market skyrocketed and then the market dropped in 2018 to 2020, many are afraid that if the market is red this year it will be more difficult to recover, I think we must be prepared with negative conditions and make another plan if the market continues to decline.



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January 04, 2022, 10:22:53 AM
 #52

2021 gives us a lesson from investing in crypto because many of us already bought so many coins from 2017-2020 and hold the coins. And when the crypto market starts to rise and we see our coins can hit the new ATH, we sell it and make a big profit. So in this way, we are learned how to have the patience to wait for the bull run and we already saw it happen in the last year. Yes, we must have another way to be our source of income and not just use one or two ways to make money as crypto offers so many things to us about how to make money from crypto.



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January 04, 2022, 11:53:09 AM
 #53

2021 was the best year for me because indeed in this year even though there was some controversy about fud and some negative news about bitcoin but here I can see 2 times ATH in bitcoin and this is very fun for me because I have assets there.
Of course, the new year's spirit must be new. Now I'm preparing to wade into 2022 and I hope the adoption rate continues to improve and continues towards a greener direction.
I may be selfish for wishing such a thing but nothing is happier to see our assets continue to be in good shape Cheesy Happy New Year Smiley
If you have grab all the best market opportunities in 2021, then it will not be surprising if you will end the year seeing all your investments are in good shape. And as we look forward for 2022, i think there will be a new batch for bullish and bearish season, and of course short corrections that will also bring opportunities to invest in the market.

However, we should be more open too for negative market trends this year as it will always be unstoppable. But if we know how to deal with all the incoming pressures, then we will still make decent profits at the end of the year.
I have been here since 2017 and indeed I felt at first I felt that 2020 was my best achievement but I realized that it was wrong, 2021 turned out to be better than 2020 and even though many people complained this year because they bought at too high a price but I feel 2021 is something beyond my expectations.
By looking at the movement from year to year I am very confident about 2022 because I really believe there will be some that are beyond my expectations again this year.

The most important thing in being open to seeing the market is maybe we shouldn't panic too much about it because panic will only make you confused and doubtful in holding the assets you have.
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January 04, 2022, 12:13:06 PM
 #54

Happy new year to all of us. (Asian region passed the timeline). I’m still on forum and that makes me think how addicted I am to crypto currencies and bitcointalk forum. Lolz. I can hear the fire crackers outside with happy moments situation.

Well, the reason for this topic is new year and how is our outlook of it for the financial side. I’m very obsessed with 2021 and how it turned everything upside down for the financial part of my life.

I have learnt great amount of deal coming 2021 in regards with how I invest and earn my money. The balance of your income sources is way important than your expenses and investment. In 2022, I have very importnst goal to achieve and that is to add another income sources into my existing list. This could be either e-commerce based on crypto currency payment availability. This is just to cherish the new year with crypto as well as my personal income source outlook.

I wanna know how you guys gonna react to your own “personal economic world”.  Tongue

Foremost, I would also like to greet everyone with a happy new year again. It's so good to be in this forum with a new perspective and plans in mind.

It's nice that you have learned many things last year that made you evaluate and rethink your life decisions most specifically the financial aspects of your life. It's really true that it is better to have more and numerous streams of income rather than relying on just one because the more in-flow of the money goes to you, the more you can earn, save, and allot it to other things that you need or want. By having multiple sources of money-making ways, you can designate a more generous amount to your necessities and investments. And the more capital you have in an investment, the better since it is a passive way to make money without actually working hard for it.

But of course, still, remember that only invest what you can afford to lose because there is nothing certain in risking. You can either be rewarded and gain something from it or you can lose too. It's a 50/50 scenario and I think what makes it only less risky is by doing your own research first, planning ahead, organizing, and proper implementation. So if you plan to make another investment aside from having multiple hustles, make sure to have in-depth research about it first to avoid regrets later and to make sure that you will have the most out of your funds.

Right now, I plan to reinvest the moment I got my money from my currently existing investment. I'm just waiting for the proper timing and I'm still on the process of organizing my thought and ideas and putting them into concept, which soon later be an action. I don't have a plan to rush things. I want to take it slowly, but surely this time around so I won't repeat the same mistakes I did back then due to lack of knowledge and proper research.

I hope whatever you are planning goes well this year. Rooting for a wonderful year for all of us. Let's keep on doing the things that we love.
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January 04, 2022, 02:15:20 PM
 #55

happy new year to all,
this year I will minimize spending a little to invest, by looking at the unfriendly market conditions in the last 2-3 months and until now the market has not shown good. if things like this don't improve then the economy in my finances will be out of control and can go out of plan
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January 04, 2022, 03:13:58 PM
 #56

Well.... That's great.... Actually I have experienced the same as you since.... I have invest small amount of my money on crypto about an year ago and now I am thinking of investing more and more money over crypto and hold it for a longer time....

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January 04, 2022, 06:41:04 PM
Merited by The Sceptical Chymist (1)
 #57

I wanna know how you guys gonna react to your own “personal economic world”.  Tongue
The thing is that even your "personal economic situation" still revolves around the general economic situation in your country, I mean if cost of living in your country is high as inflation levels skyrocket, with little or no jobs/unemployment/underemployment etc, all this is definitely bound to affect you as a citizen. Having said that, personally I want to learn more skills in this year, at the moment individuals with skills are highly sought-after, thus I'm definitely going to add up on my already existing skills to increase my chances of earning from multiple sources, then to add to that, as has been the case with me for a couple of years now, I'll still stick with Bitcoin as a hedge against my country's devaluing fiat currency. If we're to be honest with ourselves it's not really going to be too rosy at the beginning of this year, we're still struggling to curtail the virus and its mutating nature, thus it's best everyone lives according to what they earn and not try to be too extravagant.

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January 05, 2022, 02:20:32 AM
 #58

Well.... That's great.... Actually I have experienced the same as you since.... I have invest small amount of my money on crypto about an year ago and now I am thinking of investing more and more money over crypto and hold it for a longer time....

Every time you see the price grow, it is pretty addictive, but sometimes it is pretty stressful to look at your investment that is in red. This year I am planning to invest little by little depending on my funds. It seems pretty difficult right now since I do have a family to feed, so money is essential, but I want to save and invest in a promising coin. Well, I see ETH is best for now. Wish me luck investing in this crypto.
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January 05, 2022, 08:31:16 AM
 #59

I had some ups and downs last year despite that my monthly average income has increased a bit compare to 2020 during the COVID-19 pandemic. But of course, mostly I lost money because of the bad trading and investment decisions that I've made especially in memecoins and shitcoins without doing my own research.

Right now despite that the cryptocurrency market is unpredictable, my goal is to manage and diversify my finances very well. Coz' as of late, I didn't monitor how much expenses I've spent every week, month, etc. So I am going to make it a habit starting today.
It is normal, we all lose money during trading and 2021 was a weird year, we had so much volatility and it is normal that you may not end up with something special, sometimes we all ended up losing money in a big way. At the end of the day, we will be prevailing as long as we are in the crypto world, so all in all I have to say that there is this weird situation we are in where we could make some profit based on just yearly ups as long as we hold it, which is weird because not many things in life gives us this much profit with this ease and yet people are still not sure about it.

Like how many things in the world could you buy and do nearly 2x every single year? Bitcoin is one of them and yet people still lose money because there is still this feeling of "get rich quick", people still do not believe the long term benefits of it and that is why we still lose more money than we should.

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January 05, 2022, 11:28:12 AM
 #60

Quite a journey in 2022. I made a lot and then I also lost many. But inside of me, I feel that something is growing stronger and stronger every day through painful experiences and memorable moments in this cyber place. I 2021 was cooler than 2017-18 and I expect 2022 will be even better than 2021.

Right now, my crucial purpose is not about making money anymore. I will try to learn as much as I can so that in the future, I will be able to create some shitty things that might help and emphasize people through the technology of blockchain.

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