The impact of crypto on our lives

[Jamal Aezaz]

Investing in crypto is very risky, if you want to invest, don't use the money you need in the near future, because crypto investment is holding bitcoin for the long term.  Even though it is safe, it is not wise to sell property to invest in crypto, the risks are very large.  Even though investing in crypto can generate bigger profits than property, investing in property is much safer.

Exactly we have to use an extra amount for crypto investment because we don't know that when there will be a pump and we will take out our profit so in such a case we cannot take out our invested amount until we make another amount of money from it.

Not only in Bitcoin but most of the coins are profitable when we keep it longer without selling at lower cost so money other than for daily uses is necessary for investment. Selling anything to invest in other investment opportunities is risky therefore continue to hold the thing which you already bought.

Property doesn't put you at risk because it does not possess such a huge volatility like that of crypto investment therefore if someone wants huge profit with risk involved then he should choose crypto but if one wants safe investment then property is the best choice.

[yohananaomi]

Banks can only stop you from buying and selling crypto but once you already have it, they can't stop you from making transactions and crypto payments using it.

It is a well known fact.

People can still be cautions about involving their bank into any crypto transactions, but once you're on the Internet, you've got nothing to fear.

In general, banks in "crypto-unfriendly" countries may freeze all fiat transactions of users related to crypto, for example, information attached to transactions such as "buy BTC". Users may even face more trouble when their accounts are frozen and investigated for money laundering or using crypto to make payments instead of fiat.

In such countries, for example Vietnam, holders can sell crypto for fiat through P2P, OTC, and then use fiat to pay bills. Directly using crypto for payment is considered illegal. In many other countries, people can access crypto payment methods, but in essence, their crypto is sold through a third-party service for fiat and then paid with fiat, the seller will receive fiat instead of crypto.

Actually, I also see why there are still countries that prohibit crypto, even though in several countries the government has started to legalize crypto for investment. The government of the country that prohibits its citizens from investing in crypto should learn more and deepen their knowledge about crypto,

The state must always be present for its people. Actually why are there still countries that don't accept crypto? Of course there is a reason and those who know, because all authority lies with the government that determines it, there may not be any regulations that can regulate the existence of crypto, so they have to be careful. Indeed, in the future, everyone will not be able to avoid advances in crypto-technology.
As long as it is not permitted, it is not good to go against the rules set by the government, because at any time you could be caught too.

But in reality, even if it is prohibited, residents are still looking for ways to do it.  Because I don't think this is a criminal act because it's just investing in crypto.  As good citizens we are obliged to obey these rules, but we also have to find a reasonable reason why crypto is not permitted in a country.  Because many other countries whose governments have allowed their citizens to invest in crypto

There is no prohibition on him being able to find a way to do anything with crypto, and it can be done because there are facilities that can provide that. But as a good citizen, you must understand the consequences if you violate the rules that have been made by the government.
If there is a prohibition, it means that the government has not been able to provide existing regulations and cannot equate them with other countries that have been able to accept them because the regulations have already been made.
So don't lump everything together. It has to be the same because the abilities of each country are clearly different.

[dekafee79]

There is no prohibition on him being able to find a way to do anything with crypto, and it can be done because there are facilities that can provide that. But as a good citizen, you must understand the consequences if you violate the rules that have been made by the government.
If there is a prohibition, it means that the government has not been able to provide existing regulations and cannot equate them with other countries that have been able to accept them because the regulations have already been made.
So don't lump everything together. It has to be the same because the abilities of each country are clearly different.

The capabilities of each country are different and the way the government thinks is also different. There are countries that have allowed their citizens to invest in crypto, such as Salvador, which has even allowed crypto as a payment method. Indeed, we have to obey the rules made by the government in our country, even though it feels sad. but as you said, as a good citizen you must follow the state's rules. The question is, which country? whether it is the citizens or the government.

[$crypto$]

There is no prohibition on him being able to find a way to do anything with crypto, and it can be done because there are facilities that can provide that. But as a good citizen, you must understand the consequences if you violate the rules that have been made by the government.
If there is a prohibition, it means that the government has not been able to provide existing regulations and cannot equate them with other countries that have been able to accept them because the regulations have already been made.
So don't lump everything together. It has to be the same because the abilities of each country are clearly different.

The capabilities of each country are different and the way the government thinks is also different. There are countries that have allowed their citizens to invest in crypto, such as Salvador, which has even allowed crypto as a payment method. Indeed, we have to obey the rules made by the government in our country, even though it feels sad. but as you said, as a good citizen you must follow the state's rules. The question is, which country? whether it is the citizens or the government.

In this case, we really have to obey the rules that apply in our country, otherwise it is an act that violates the law and we have to know what the consequences are.

Even though we may not agree with the existing rules, as citizens we can only obey them, unless we have the power to propose certain things so that it can make the government reconsider its rules or policies. Just as there are countries that have made crypto a means of payment and countries that allow it only as a commodity asset.

[bayu7adi]

There is no prohibition on him being able to find a way to do anything with crypto, and it can be done because there are facilities that can provide that. But as a good citizen, you must understand the consequences if you violate the rules that have been made by the government.
If there is a prohibition, it means that the government has not been able to provide existing regulations and cannot equate them with other countries that have been able to accept them because the regulations have already been made.
So don't lump everything together. It has to be the same because the abilities of each country are clearly different.

The capabilities of each country are different and the way the government thinks is also different. There are countries that have allowed their citizens to invest in crypto, such as Salvador, which has even allowed crypto as a payment method. Indeed, we have to obey the rules made by the government in our country, even though it feels sad. but as you said, as a good citizen you must follow the state's rules. The question is, which country? whether it is the citizens or the government.

Doesn't that apply to all countries that do not accept cryptocurrency at all and prohibit transactions in that country in any form? Each country views the existence of cryptocurrency from a different perspective, because the character of the government and leaders is different. Some feel cryptocurrency is a threat, but there are also countries that see this as an opportunity. As long as we still see the use of cryptocurrencies being used as an unusual thing, it will clearly make it more difficult for the country to eradicate crime. However, they also tightly closed the doors to opportunities that exist in cryptocurrency.

I think countries that cannot accept Bitcoin at this time, they are thinking about being able to use Bitcoin positively. There is still a long time for many countries to accept Bitcoin in their country, either as an investment instrument or as a means of exchange.

[milewilda]

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?

Who doesnt want on changing up their lives? Of course we are dealing up with crypto because we are aiming to make profits and make ourselves rich but, this is something that
wont really be that too easy but it doesnt mean that it would really be impossible. This is why on the moment that you would really be dealing up with crypto space then this is something
that will differ on each person. There are ones who could be able to succeed and there are ones who do fail. Impact is something that will reflect on how well you do handle
yourself into this space.

[doc]

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?

Who doesnt want on changing up their lives? Of course we are dealing up with crypto because we are aiming to make profits and make ourselves rich but, this is something that
wont really be that too easy but it doesnt mean that it would really be impossible. This is why on the moment that you would really be dealing up with crypto space then this is something
that will differ on each person. There are ones who could be able to succeed and there are ones who do fail. Impact is something that will reflect on how well you do handle
yourself into this space.

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 110 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

[MrSpasybo]

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 10 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

Compared to traditional markets like stocks and commodities, crypto is an easier market to enter, has more potential, and offers more options. If you have been in the crypto market for 10 years, you may have gained a lot of experience and profits from the crypto market, enough to change your financial mindset and position ^^

At this point, are you still actively investing in crypto? Do you think the crypto market is saturated or is there still as much opportunity as 10 years ago?

[yohananaomi]

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?

Who doesnt want on changing up their lives? Of course we are dealing up with crypto because we are aiming to make profits and make ourselves rich but, this is something that
wont really be that too easy but it doesnt mean that it would really be impossible. This is why on the moment that you would really be dealing up with crypto space then this is something
that will differ on each person. There are ones who could be able to succeed and there are ones who do fail. Impact is something that will reflect on how well you do handle
yourself into this space.

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 110 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

I agree with what you are doing. Keep working in real life and don't stop just to be able to invest in crypto, so it shouldn't be reversed. Investing in crypto increases income from real work that is still being done, because crypto is a long-term investment, so it takes time to really get the desired results. Even though it doesn't rule out the possibility of short-term trading if it can be done, real work is still the main priority, apart from having received large capital from investment and being able to trade daily, you can try to focus on crypto.

[Uruhara]

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 110 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

Basically, almost everyone who enters the crypto world is to make a profit. Be it as a trader, investor or even as a developer. Everything ultimately aims to generate profits to improve lives. And that includes me personally too. Even though I haven't been in the crypto industry for long, I have learned a lot in crypto over the past few years. It was even through crypto that I began to understand the concept of financial freedom. because many have proven to be successful from investing in bitcoin and have changed their lives. Like those who have held quite a lot of bitcoin since 10 years ago. Surely now they can start enjoying life well with these results.

[bayu7adi]

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 110 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

Basically, almost everyone who enters the crypto world is to make a profit. Be it as a trader, investor or even as a developer. Everything ultimately aims to generate profits to improve lives. And that includes me personally too. Even though I haven't been in the crypto industry for long, I have learned a lot in crypto over the past few years. It was even through crypto that I began to understand the concept of financial freedom. because many have proven to be successful from investing in bitcoin and have changed their lives. Like those who have held quite a lot of bitcoin since 10 years ago. Surely now they can start enjoying life well with these results.

But strangely, people with nobler goals actually make him a magnet for money circulating in the cryptocurrency space. For example, big people with big goals, like Vitalik Buterin, or Satoshi Nakamoto... they actually want to revolutionize the financial world and also the cryptocurrency space to make it better... without making any money, their income will remain high because Their goals are very noble and have the support of many people... in fact I think those who have noble goals and undoubted abilities, money will actually look for it... the number will be greater than people who only focus on making money.

As there is a balance between the quality of human resources and the amount of money a person deserves.

[Gurujebs]

In this case, we really have to obey the rules that apply in our country, otherwise it is an act that violates the law and we have to know what the consequences are.

Even though we may not agree with the existing rules, as citizens we can only obey them, unless we have the power to propose certain things so that it can make the government reconsider its rules or policies. Just as there are countries that have made crypto a means of payment and countries that allow it only as a commodity asset.

To be fair, the government knows the real use of cryptocurrency but because it's a new thing and it's against their financial system, they wouldn't allow it since it's something they can't control, and for that, they set rules that would discourage people from using it or threaten them and that's very bad, if some of them has opportunity to invest in it, they will do so but their career is what they are trying to protect.

It's only a matter of time, crypto will become a normal thing in the society and the places where it's been hated today, it will be free to use. In worst cases, they would regulate it and that's better than making it completely illegal to use.

[$crypto$]

In this case, we really have to obey the rules that apply in our country, otherwise it is an act that violates the law and we have to know what the consequences are.

Even though we may not agree with the existing rules, as citizens we can only obey them, unless we have the power to propose certain things so that it can make the government reconsider its rules or policies. Just as there are countries that have made crypto a means of payment and countries that allow it only as a commodity asset.

To be fair, the government knows the real use of cryptocurrency but because it's a new thing and it's against their financial system, they wouldn't allow it since it's something they can't control, and for that, they set rules that would discourage people from using it or threaten them and that's very bad, if some of them has opportunity to invest in it, they will do so but their career is what they are trying to protect.

It's only a matter of time, crypto will become a normal thing in the society and the places where it's been hated today, it will be free to use. In worst cases, they would regulate it and that's better than making it completely illegal to use.

Yes, this is something new that they may have even known about for no more than 10 years, even though it has been around for more than a decade. However, the government will definitely see whether they can benefit from the existence of this crypto or not, especially as what you say is also true. That they cannot have full control in this crypto, so that might be one of the considerations for them to make policies.

We as a society cannot do much if it is related to government authority.

[albon]

It is my opinion that mental issues are always present in the crypto space. Moreover its future is very uncertain because from here you can suddenly become rich and suddenly become poor. A friend of mine has made a lot of profit through crypto investing and will soon take a break from his job and work in crypto. It is true that he has had good success from crypto. On the other hand some of people are not willing to invest in crypto so now that they have suffered losses from crypto because they understand that crypto is heavily associated with risk. So whenever it comes to investment then there will be risk, profit and loss.

[Cryptsafe]

Those who invest in crypto want to make a profit and can change their economic conditions to get better income. I entered the world of crypto 110 years ago, and tried to make a profit from crypto, this is my effort so that I can get income apart from work in the real world.

Basically, almost everyone who enters the crypto world is to make a profit. Be it as a trader, investor or even as a developer. Everything ultimately aims to generate profits to improve lives. And that includes me personally too. Even though I haven't been in the crypto industry for long, I have learned a lot in crypto over the past few years. It was even through crypto that I began to understand the concept of financial freedom. because many have proven to be successful from investing in bitcoin and have changed their lives. Like those who have held quite a lot of bitcoin since 10 years ago. Surely now they can start enjoying life well with these results.

Basically, the major reasons while people always want to invest in projects or business is for profit making. Irrespective of whatever the business is, they just have the mind set of making profit out of the project.
It is natural that humans are insatiable and as such would always want to expand their business horizon. In the quest for that, they go into different walks of life to do exploits as it pleases them and Crypto is not exempted from it. As a matter of fact, Crypto is where they feel they could make it big time without really having clues about it.
Truly those who held Bitcoin for a long time since since inception are diamond hands now. They are currently benefiting the outcome of their patience and actions for holding for a long term. I think this is what newbies needs to know about crypto because it is all about patience and not a get rich quick scheme.