The impact of crypto on our lives

[Garden]

Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

[Gideon99]

I have been in this crypto market for several years and have many complex emotions and memories with it. For those participating in this market, many friends sold their houses and borrowed to invest in crypto when they suffered from FOMO, I saw many people become rich, and others dragged their whole families into poverty and debt. Worst of all, many people seek death to escape the obsession of loss and responsibility.

The majority choose not to participate in this market, but they are also divided into 3 factions by the crypto "demon": the first faction regrets the opportunity to get rich, the second faction continues to be afraid and needs a lot of time to observe, the third faction hates and condemns crypto.

Many meetings turned into arguments about crypto and fiat, many friendships broke down because of some financial investment advice... Honestly, I saw more sadness than joy. Perhaps the majority must lose money for the smaller portion to profit, that is the rule of every market, even though the economy continues to develop in a positive direction.

Right now, when the market has recovered extremely impressively in 2023, many people are so drawn to the market that they check the chart and profit/loss all day long, complaining of not being able to concentrate on work. But I think: I need to work harder to have more money to DCA more crypto. Maybe because I don't have any loans, my expectations are not great and the DCA strategy is generating profits instead of losses. I prefer to follow development and adoption progress of blockchain technology rather than being happy or sad with the price chart.

How are your emotions and mood in this crypto market? Do you expect crypto to be an opportunity to change your life? Or do you look forward to more practical benefits of blockchain technology for the world?

Majority of us have been enjoying the benefits of crypto price inflection today , crypto has made so many rich today because of it value in the other hand crypto has made so many people in pains, we are talking about Bitcoin this coins has increased for the pass year till now has changed the life's of many. I will advise if you can't take risk don't invest in cryptocurrency it involves risk taking.

[Geey]

market movements are now increasing from the beginning of 2024 when in 2023 the market movements were unstable, often going up and down, when the beginning of 2024 the movements started to improve, even very better than before... and this makes people who buy bitcoin in 2023 get big profits and then hold on to them. until now.
I think crypto affects everyone because crypto can change their previous lives.

[Aanuoluwatofunmi]

We have been endowed with lots of opportunities in cryptocurrencies, it has brough about a lot of development to the way we operate the use of our finances, many have been privileged to have other dependencies on this digital networks and they have been relying on cryptocurrency for their survival, the most important aspect of it is about the acceptability of this digital currency as the people understand its difference from scam or any other ponzi attempts.

[Gurujebs]

Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

If there is positive impact of crypto I will say financially, I'm happy to have improved because without crypto, I will be probably be running in the forex market looking for 3% increased in one or two trade to make a living together with my outside work but I'm happy I did learn about crypto even when I am not happy that I didn't come early, I should have been here early days of crypto.

Crypto also have negative impact and one common one I see with people is waking up in the middle of the night to check price when you are supposed to be sleeping, I'm guilty of this too. Sometimes the first thing we do in the morning when we wake up is checking the price of our coins when we are supposed to be looking after our daily lives.

[GeorgeAnthony]

Yes, cryptocurrency can positively impact people's lives. And I’m not just talking about income now. Have you heard about the crypto project MELONx ($MLNX) https://speakerdeck.com/melonx [nofollow] ? This truly is hope for women battling breast cancer. With every transaction we support the fight against this serious disease. With unique blockchain technology and an innovative approach to philanthropy, MELONx is creating a community where every coin matters.

[Gyrgen]

The biggest problem is that it gives an illusion. When you watch enough videos or read different stories about how people got rich, you start to think that you can do it too.And when you lose your first money, you think it’s an accident, you’re just unlucky. And this is where the main mistake happens, instead of thinking, you start investing again in the hope of getting back what you lost. If you’re a gambler, it’s better not to do this, otherwise you’ll be in trouble.

I think that there is no need to build golden castles in your dreams, engaged in crypto trading. We all really understand the complexities and pitfalls of cryptocurrencies, but at the same time, each of us understands the superiority of using Cryptocurrencies as opposed to fiat funds.

I wouldn’t say so. Ordinary money is much easier to use in everyday life. As for dreams, you definitely shouldn’t dream, you just need to work and maybe the result will come if you do everything right.

[therozaq]

Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

It's not easy to become a trader, because it requires experience and knowledge as well as skills in reading charts and always monitoring forums. What have you gotten from traders, friends? Has it had a positive impact on your life, especially additional income, because that's what I experienced a positive impact from investing in crypto, both trading and investing.

[gunhell16]

In my few years here in the crypto space, it can be said that it has really changed my life since 2017. Cryptocurrency has helped me so much so far that it can provide me with a source of income, and it also supports me along with my knowledge of crypto trading so that I can maintain my profit to sustain all my needs in life.

But of course, before I reached where I am now, I also went through a lot of hardships before somehow becoming relaxed in life. And until now, I have been studying it.

[ajiz138]

In my few years here in the crypto space, it can be said that it has really changed my life since 2017. Cryptocurrency has helped me so much so far that it can provide me with a source of income, and it also supports me along with my knowledge of crypto trading so that I can maintain my profit to sustain all my needs in life.

But of course, before I reached where I am now, I also went through a lot of hardships before somehow becoming relaxed in life. And until now, I have been studying it.

Many of us feel the positive impact of this crypto existence, one of which is me. Yes, it is undeniable that this has changed my life a lot in financial terms, how crypto can make my life better.

I'm also sure there are many out there who have experienced the same thing as me, you and people who have felt the positive impact of crypto's existence. Not only from the financial side it made me better, but from the knowledge side it has added a lot to my insight.

[Agbe]

Those who run into Bankruptcy because of cryptocurrency investment did not understand the ecosystem very well and they we not patient enough to see the next bull market in the cryptocurrency market. Though I didn't blame those who lost their coins in the time of FTX collapsed because it was a decentralized exchange platform and the collapsed of it affected many lives. But apart from that cryptocurrency has helped a lot of people from the poverty line to the average man life.

[paid2]

Those who run into Bankruptcy because of cryptocurrency investment did not understand the ecosystem very well and they we not patient enough to see the next bull market in the cryptocurrency market. Though I didn't blame those who lost their coins in the time of FTX collapsed because it was a decentralized exchange platform and the collapsed of it affected many lives. But apart from that cryptocurrency has helped a lot of people from the poverty line to the average man life.

Exactly, I agree with you.

Those who run into bankruptcy because of cryptocurrencies would have lost their money with something else anyway, even if cryptocurrencies wouldn't exist. Gambling, stocks, real estate, cars, I don't know, everything is possible..

I think people who are investing more than they can afford to and at the same time not being able to do some researches, will always find a way to be bankrupt at the end. Cryptocurrencies or not.

[bitterguy28]

Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

Wow then you are good at it now? congratulations for that mate Hope to be like you knowing about Technical Analysis and of course DCAing .

I am more on Holding now and I'm afraid that I will be continuously keeping my coins for long than trading.

Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

It's not easy to become a trader, because it requires experience and knowledge as well as skills in reading charts and always monitoring forums. What have you gotten from traders, friends? Has it had a positive impact on your life, especially additional income, because that's what I experienced a positive impact from investing in crypto, both trading and investing.

correct , so much harder to learn about trading .

[bayu7adi]

How are your emotions and mood in this crypto market? Do you expect crypto to be an opportunity to change your life? Or do you look forward to more practical benefits of blockchain technology for the world?

Actually, there's a connection between widespread global adoption and personal gain to change my personal life. The more people adopt Bitcoin, the higher its market value rises. So, early BTC holders benefit a lot, which also means I benefit too.

I'm sure many people profit from holding Bitcoin. They must feel happy as the value of their assets increases. And to get even higher returns, mass adoption and usage of blockchain technology are the main keys.

[MUGNIA]

In my few years here in the crypto space, it can be said that it has really changed my life since 2017. Cryptocurrency has helped me so much so far that it can provide me with a source of income, and it also supports me along with my knowledge of crypto trading so that I can maintain my profit to sustain all my needs in life.

But of course, before I reached where I am now, I also went through a lot of hardships before somehow becoming relaxed in life. And until now, I have been studying it.

Many of us feel the positive impact of this crypto existence, one of which is me. Yes, it is undeniable that this has changed my life a lot in financial terms, how crypto can make my life better.

I'm also sure there are many out there who have experienced the same thing as me, you and people who have felt the positive impact of crypto's existence. Not only from the financial side it made me better, but from the knowledge side it has added a lot to my insight.

Yes, I do too, getting benefits from crypto, apart from financial freedom for my skincare, I can also help my family's finances, although not in large amounts but regularly, I think, it's a matter of pride for me because I'm just a housewife, who can give / help my family without asking my husband