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Messages - yohananaomi

Pages: [1] 2 3 ... 146
1
If we do speak about extra income then crypto would definitely be able to provide out such thing on which it could really be something that would really be helpful but of course you would really be needing to work also and not really just that waiting for some free money because it doesnt really work that way on which most newbies would really be thinking up.
You would really be needing to work or put effort and this is something that having some extra job because if you dont do something then you do earn nothing as simple as that.  :)
Regarding anything related to income, crypto is indeed an alternative... but apart from income from cryptocurrency, the existence of cryptocurrency also helps several aspects of life, especially in transactions. Previously, to pay invoices to buy something, I often used a credit card which was very complicated to use, especially when making a credit card. Complex administrative requirements make me quite troublesome.

Thanks to cryptocurrency, I can now get other payment alternatives without having to go through complicated administration phases. Cryptocurrency really helps me make it easier for several transaction-related activities. So that's one of the advantages of cryptocurrency that makes me interested.
I haven't used crypto for transactions like you explained. I still use banks for transactions, because transactions in my country do not allow the government to use bitcoin or other crypto. I only use crypto for investing
Of course, crypto is there to make things smoother. If someone can use crypto for every transaction they make, of course, that is a bonus that can be received for trusting crypto as a recognized means of payment.
But there are still many countries that have not yet recognized it like your country, but there are also those that are allowed to trade, so each country has its own regulations, so stay patient, there will be a time when all countries will recognize it.

2
While investing in crypto, many people take loans from banks, but later they have to face difficulties in repaying the loans if there is a loss. How much crypto is needed to manage social life and can it be the only dependent income source of your life?
Well, I personally don't use loan money for my crypto investments since I do crypto for a crypto here in this industry especially nowadays. Before I use my hard earned money to invest but I learned that it's too risky that is why I am working on signature campaigns to get crypto so I can buy crypto as well. Depending on how much your lifestyle is worth then that's how much you need from crypto and no crypto is not my only source of income right now it was just a choice of investment for me.
This is a good way to reduce the risk. Cryptocurrency is the world's most volatile trading platform where asset values can change rapidly. Investing in such platforms requires the investor to use the money that the investor can maintain a normal life even if it is lost. And where such conditions exist, loan money should never be invested. I am not enthusiast to invest in crypto with loans although there are some people who can take more risks. If one has alternative earning source to repay the loan then he can invest by taking loan.
Everyone certainly agrees that investing in crypto is very risky, but whatever investment you make, it is certain that there will always be a risk. Just how big the risk is depends on how we can manage it well and study it properly.
I have nothing against those who want to invest in crypto by borrowing, as long as the installments to be paid can be paid without reducing their daily needs.
But it would be better if there were reserve funds that were not used, and it would be very good if you wanted to use them as an investment.
Act as the owner of a company in every investment you make by carefully analyzing the profits and losses before taking action.

3
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: Today at 08:46:18 AM »
I tend to buy and hold instead of actively trading.  I own and have staking positions with (in no particular order):

Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Polkadot (DOT), Avalanche (AVAX), Polygon (MATIC), THETA & TFUEL, SUI and a few bucks worth of VARA.
What you are doing now is good at holding several altcoins which also have potential, but I don't know why you don't also include BNB in it, because in 2021 BNB has provided the best ATH. Hopefully you will think again about being able to also place it.
Staking is indeed the safest way, but I don't see it having potential if the price goes down. It's better to do short-term trading if you dare to do it. It has a lot of potential at times like this.
Undoubtedly BNB is the best choice for investment. But after 2021, the chances of this gradually diminishing as we know that the SEC has filed a case against BNB. Due to this, there is some panic among the global investors. We expect definitely BNB will win that case but for the time being many have put their plans for hold. Everyone who invested in BNB held for the long term.
The role of BNB in 2021 is very pronounced and has made many people interested in investing in BNB because the prospects remain high for the future. The influence of the conflict with the SEC was only felt at the beginning when a violation was discovered, but afterward it didn't affect it because they were willing to take responsibility and there was already a replacement. You can see that now the movement has also increased again and, moreover, the burn program that is being carried out continues to run to reduce supply so that prices can increase.

4
I have came across someone who made fortunes from gambling and all of the sudden he wasted those resources back to gambling because of improper planning, he was thinking to have the total control of himself that he would still win a huge amount after using about 70 percent of his total winning from the site to stake back another game which is to give him about 10x from the previous winning he ended up wasting those funds just like and today he is trying to rise back but is not possible for him.
Even if a gambler wins in gambling, there is no guarantee that he will be able to enjoy his winnings. It is a common phenomenon in gambling that many of those who hit the jackpot get down again. But those who invest their winnings in some profitable venture can get good benefits from it in their calamitous times. People who do not use their winnings in gambling are more likely to lose money. Proper use of winnings is a major factor for surviving in gambling.
Most of the gambler doesn't have the mindset and thinking mentality to invest on something resourceful in their lives because they always believed and have this orientation that they must always keep winning with time and as days keeps going, only few that has done something judiciously with their earnings.
If a gambler has won, he thinks he will be able to win again, even though in many experiences he ends up going down and making a loss.
So, in their minds, the orientation is to continue to produce victory after victory, so it is impossible to have the mind to make any investment when winning.
Even though being able to win again is something that is really impossible to achieve, they will only realize it when all their wealth is gone.

5
What you do is certainly very appreciated because you already understand that investing in new coins is very exciting but can make things difficult by not producing results because many are scams.
That's right, the best ranking on CMC at the moment already illustrates how strong the coin is, so that it can get to this point because of the strength it has to survive.
If you want to make money, do what you think will bring you the profits that await you.
If you want to get big profits, choose new coins, but we both know that with new coins the risk is bigger. But if you want to be safe, choose the top rank coins in CMC, because they have been proven to last until now. There are lots of scams, be careful.
Everyone also knows that every new coin always comes with an attractive promise. Apart from the low price and additional prices, this makes many people interested. But behind all that, it could be that instead of making a profit, you may actually suffer a loss. But it's not that there aren't any good new coins, but you have to be more selective in choosing them as an investment.
If you don't have the ability to analyze, there is an easy way to do this by choosing the best coin ranked in the CMC, but always be selective.

6
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: Today at 08:05:58 AM »
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
I was the same as you at the beginning, but after knowing and seeing and reading a lot of information, if you don't have the ability to analyze, there is a mechanism that can be used to determine which altcoin you want to buy. You can look at CMC for coins in the best ranking and with the most potential for you to choose, because there is no doubt about the capacity that these coins have.
If there are more funds to choose from, of course there will be an opportunity to earn money.

7
This choice was because everyone knew that Doge had been raised because of Elon's influence, so it was certain that everyone would choose him. I agree with you that there is no guarantee that Elon will remain loyal to Doge. He will do anything as long as it is profitable for his company. Remember he is a business executive and what he thinks about is profit for the company, as long as it is profitable, then he can do whatever he likes.
It's natural that DOGE comes to mind first when considering the possibility of X-payment supporting crypto payments. This belief alone can fuel DOGE price increase during this bullrun, even without official confirmation from X-payment. This is understandable given that DOGE remains the trend leader among memecoins and has Elon Musk's strong support.

Currently, I'm closely following X-payment's licensing progress. If they can launch the platform soon, we'll also have clear details about X-payment's services. Hope that crypto will be among the payment methods that X-payment accepts and supports.
What you have said is not different from the truth sir. Anybody familiar with Elon Musk Crypto engagement would or should first know that doge coin is his utmost favoured coin in the space when it comes to him making some gesture about it. On several occasions Elon has made some funny  gesture which always spike the coin price very high or should I say that ever since Elon guta involved in doge coin twitter engagements, the meme coin became so popular that every time people say or do something about doge coin.

With the above, when it comes to talking about coin Elon could easily add as x payment, what comes to my mind is doge coin and secondly Bitcoin. Bitcoin is very much popular than the rest of the others so I think he would never ignore the fact that Bitcoin is very much  relevant.innthe society.
But many people also say negatively about Elon's actions towards Doge, because they think he is manipulating Doge for the benefit of the company he owns, and I think there is some truth to that.
Even though we know that the doge is big because of Elon, when the doge goes down, there is no good intention from Elon to intervene in the doge to increase, but instead just let the doge go down.
If only Elon wanted to intervene, it is not impossible that Doge could reach the ATH, especially when Bitcoin passes the new ATH. Of course, it could be $1.
Yes, we hope that there is another surprise after Tesla that Elon wants to use X.
So that you can receive payments in doge, it is certain that the price will increase due to active trading. We are waiting for that.

8
Old coins are relatively stable compared to new coins. If one in considering about long term investment then old coins would be a better option. There is also less risk in stable coins compared to new coins.
Yes, but sometimes old coin doesn't give profits as the way investor could want because they are already established in the market so investors always looking out for those coin that could give them possible x in returns that is why people always go for some hype coin, such as memecoin or any other coin that gains people attentions on twitter or social media.
For long projection it's good to invest on old coin while for short term new coin is the option to start with and must be active smart to take profits.
Sometimes, many people speculate by looking for coins that can give surprises and quite a few also try meme coins because the prices are very cheap, so you can buy quite a lot and if there is a surprise, you will get a sensation from the results.
But sometimes people like you say, because they usually already know every crypto don't market movement, so they are able to do accurate analysis and that's because of the familiarity factor, and for others, they might not dare to do that.

9
Yes, it is true that no one likes war, because it will have a bad impact on the economy, mentality and humanity. pity the innocent citizens who are victims of the cruelty of war. Why didn't they try to take diplomatic steps to resolve the conflict? because only ego and showing off strength are reasons to go to war.
There are many negative impacts from war. This world is already quite old. It is better for us to maintain the world so that it remains inhabited with fresh air and is suitable for living in. But when all places have been exposed to nuclear radiation, this will give you very deep regrets.
I agree, however, war will have a negative impact on those who fight and no one will benefit from what is done. Under normal circumstances, the country is already experiencing difficulties with various problems, so inflation is inevitable.
Don't let what you say happen because they will not be careless in taking action to launch nuclear weapons, because the impact is very destructive.
Everyone must be able to restrain sectoral egos to feel that they are right but, it can be resolved at the negotiating table.

10
Doge coin is good coin. I am a trader of Doge coin. I am trading Doge since 2016. Before few years ago doge price was very low. But when world famous person Elon Musk involved with doge coin, when he wrote about doge coin after then Doge coin price increase speedly.

Now i am holding some doge coin. I want to hold it till 2025. I think this bull market will continue till 2025. And i also believe near future doge coin price will go minimum $0.50. And i want to hold my doge till that.
For the meme coin class, we have to admit that what you did was right by holding Doge, because the best meme coin to date is, of course, Doge and followed by Pepe.
Doge will be able to reach its latest ATH if the bullish season arrives, because when bitcoin crossed its ATH, doge rose sharply even though it is now falling again and that is normal.
I appreciate those of you who are still trading doge and are currently holding it, because it is a very good choice.

11
Yes you are right but there is a limit for us to take CL actions to reduce losses but this does not apply to people who want to invest in the long term, CL applies only to people who do day trading.
I'm not a pro trader but I often trade on spot trades and only use stop loss on profits, not for cut loss.
DCA through stop loss to exit.
This will enable me to have constant profits and exit all trades in green.
Setting a stop loss in red means we are gambling, instead of buying coins that we know will recover. IMO
Everyone has a different trading style, they will use the strategy that they think is the best and most effective, for me it's different, I trade using a simple buy let sell method.
Why I don't use the DCA system like many people use because I am an active person who sees price movements in the market even though I don't trade.
Cool... It seems like you have a clear strategy for each asset you own :)
And you're right,  each individual employs a distinct strategy. The merits of a particular strategy are not inherently positive or negative, rather, they depend on its suitability for the individual investment goals.
Nice to meet you and thanks for sharing
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.

12
This is the development of technology along with world economic conditions which are becoming increasingly unstable, making it difficult for many people to earn money and want to find additional money through anywhere they think has potential, such as airdrop and bounty campaign.
This is why it is important to have skills that can help us make money. As long as we work hard to learn something profitable, we will still get money that we can use to buy necessities or trade.
In the world situation that has not yet fully recovered and inflation is quite high, it is not surprising that being able to earn money from a steady job may not be enough, and you have to be smart about looking for extra., Agree, that studying so that you can become skilled, which ultimately plays an important role in being able to increase your income from the part-time work that is available quite a lot and can generate income to increase the income from permanent work which is not sufficient with the costs of increasingly higher needs.

13
Dogecoin Forum / Re: Dogecoin Targets to hit $1 on Dogeday?
« on: May 17, 2024, 01:24:50 AM »
What's scary about whales is that they can manipulate, but they will be done simultaneously and cannot stand alone, so as long as they don't have an agreement, then nothing will happen to what the whales do.
Large trades by institutions can also influence trading and that is a normal thing to happen, but again, it will not be continuous and there will be limits because trade will move due to demand.
That's right, whales can manipulate the market, but this is only temporary and the market will return according to high demand at that time. So there's no need to panic when Doge manipulates the market, we have to take advantage of that moment
Using whales for market manipulation can indeed be done, and I agree that this is only temporary and cannot prevent active trading carried out by every investor. But indeed, if there is a correction, of course, it is an opportunity to continue buying and holding. Remember that the bullish season is coming. There will definitely be surprises like yesterday.
Do not eliminate opportunities that may be available at that time.

14
Dogecoin Forum / Re: What makes us believe in DOGE coin ??
« on: May 17, 2024, 01:17:22 AM »
Stay calm and wait until Elon Musk makes a good statement that can trigger the price of Dogecoin to rise like he did in 2021 which made the price of Doge increase very high.
Yeah, As long as Elon Musk hasn't tweeted about Dogecoin on his platform then we should take advantage of this to buy as much Dogecoin as we can.
Why are you too eager to wait for news from Elon to be able to boost Doge? Doge can also move, like when Bitcoin increases and is able to reach its best value, because of the role of the community, which can trade well. The most recent news from Elon about X being able to accept payments using Doge and not trying others, for example Starlink with the same payment, might be more sensational.
yeah, Doge fans are currently waiting for support from Elon Musk, even though Elon Musk has also provided support by accepting Doge as payment at Tesla. Maybe currently the doge movement has not increased optimally because the price of bitcoin is also experiencing a correction
Even though Elon clearly supports Doge by providing the opportunity to be able to pay for Tesla accessories with Doge, there is no visible impact, perhaps because many people don't want to pay for Doge, which requires a large amount, so it will be difficult. If Elon really gave support to Doge, he should have intervened by buying Doge so that the price could increase, but this was not done. The dog is increasing because of the role of Bitcoin and its community, which remains loyal. It's okay to hope for Elon, but it would be better because the community is strong so that trading can run well.

15
Dogecoin Forum / Re: Will DOGE be defeated by SHIBA?
« on: May 17, 2024, 01:06:59 AM »
Exactly, as you said, a new project will have a lot of interest depending on the product they have. Even though it has entered the exchange with high daily trading volume, if the product they are developing is not very useful and has a very large supply, it will make This project does not have a good price.
Agree with what you say, so far we can see many projects whose prices are very cheap because the projects they are developing are not really in demand and the supply is too much like what happened with Dogecoin, imagine if the supply of Dogecoin was limited it would make the price rise.
Almost everyone is currently speculating about new projects that will lead to meme coins because they are cheap and easy, but as you said, their supply is so large that the price cannot be increased to reach the highest value. Likewise, with doge, with a large supply, there will be difficulties that will be experienced even though it is the best. When and is able to reach the highest value. When the bullish season comes, there could be another surprise.
If you want to invest in meme coins, you should reset first, because I have experienced losses in the past due to meme coins. Currently I only hold doge and shi, and plan to buy PEPE. I will collect meme coins that are popular and have a large market
Agree, but it must be remembered that meme coins are no longer looked at by most crypto holders because their reputation cannot improve to be good. It must be remembered that yesterday's meme coin increased because of the role of bitcoin, not because of its own efforts, so it can be said that it will not last long to fall.
The best meme coin is still on Doge and everyone knows that and the one that might now start to approach is Pepe.
If you want to speculate about the next bullish season, then both are highly recommended to hold, but waiting for a correction will be better.

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