I will advise here that investing in cryptocurrency is never a bad idea or wrong one, we have only discovered that many of the financial advisory do give caution that investment were meant to be spread across and not to a single asset, if we have Bitcoin, altcoins, then we can also diversify by making additional investments on other assets in other not to have them all on the same place

I agree with this opinion, investing should be diversified in several coins. Bitcoin is a priority and we can choose several potential altcoins, I only recommend top coins, because I don't invest in new coins.

Quote from: yohananaomi on May 21, 2024, 08:46:57 AM

The person who feels everything they do is themselves, so it is not surprising that there will be many strategies in dealing with what they are going to do, because they will use strategies that may have already produced results and do not want to be tempted by other opinions, even though other strategies are not necessarily bad. In fact, the more strategies there are, the more alternatives that can be developed and everyone just has to search according to their wishes.

The more choices the better is a phrase we often hear.
More choices can give us freedom in determining which one is most suitable.
But sometimes, more choices do not always mean better, more choices will ultimately lead to difficulty making decisions. The Paradox of Choice.
So, it's better to set boundaries, use criteria, and Trust our intuition. IMO

Everyone has their own considerations in choosing, I agree with you, the more choices we have, the more confused we become. So make the choice that best suits our plans and targets and don't make choices that are too risky

Ginagamit ko ang Paymaya crypto yung Bitcoin nila, so far wala naman akong na experience na problema in the last 18-19 weeks nung simula ko silang gamitin. Pero nitong 2 weeks eh delay ang pasok ng pera, more than 24 hours kahit na confirmed na sa blockchain within hours at dapat pasok na. So nag complain ako sabi ko hindi katanggap tanggap yung ganun proceso.

At ang sabi eh in 3 days daw at balik na lang ako if ever na hindi pa pumasok within that day. Buti na lang hindi kalakihan tong pera na to at hindi emergency. So warning lang, baka ako lang naka experience nito talaga o natapat lang sakin. Baka sa susunod na emergency at expected nyo na ang pera ay darating eh baka madismaya kayo.

        -   So ano ba itong transaction na ginawa mate, nagwithdraw ka ng Bitcoin from maya papuntang ibang crypto exchange? o From crypto exchange papuntang Maya apps? Newly user palang ako ng Maya in terms of crypto features nya. Meron din naman akong small fund ng crypto assets sa apps nila, at wala pa akong nasusubukan na transaction dyan sa maya in terms of deposit ng crypto at withdrawal.

Saka masyadong matagal yung 3 days bago magkaroon ng kasagutan para maresolve yung problema mo, pag nagpatuloy yung ganyang isyu ng maya baka magbago na isip ko na gamitin yan at ifulout ko nalang yung funds ko dyan.

Quote from: Uruhara on May 21, 2024, 10:08:45 AM

Indeed, experience is needed in making good analyzes in estimating which new projects have potential and which do not. And new projects also invite quite high risks if we cannot make a good analysis. Especially if we cannot see strong fundamentals in the project we are analyzing. So avoiding it would be better. But if it's a meme coin project then we just need to see how strong the community they build is. And we just have to be good at following trends or hype. But I'm not good at seeing the potential in meme altcoins. So I mostly avoid it sometimes.

New meme coins project difficult to see for long term and most of them get an hype awhile only, I think important when investing in new coins between meme or not how strong the community and how much coins supply on the developer hand or investors hand. Usually meme coins just getting an hype awhile only and most of trader will sell after listing on the market without waiting for one or two months later with potential get dropping to lower price.
Yesterday, Notcoin success listing on binance and just existing awhile on the higher price before getting down until right now and I think all new project will get the same problem after listing and price correction potential.

Be careful if investing in coins that require hype, because this will be very risky if we get caught in a high price when buying, and suddenly the price drops. Likewise with new coins, these are usually very risky.

Alas, (or fortunately) Ilon is the same manipulator who once made millions of dollars from very naive users. No idea how people continue to believe him and follow his advice. And the best part is, if he starts writing posts about cryptocurrency again - people will start buying, losing funds and it's business as usual. 

P.S. According to this, you should not trust anyone (even close people) - you should always analyze things related to finances on your own.

What many people do (too many) is wait for someone to take “the steps” that each person really must take individually, so as not to have to think, investigate or study the market too much. "If Musk talks about Doge, I'm going to buy Doge, I'm sure I'll become a millionaire", I have read many phrases similar to that on X and other internet sites, and they never cease to surprise me. But the worst of all is that when many of these people lose money, they don't learn anything, they keep waiting for someone to think and analyze the market for them, and that's really crazy.