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Author Topic: The impact of crypto on our lives  (Read 48421 times)

Offline Hisbullah

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Re: The impact of crypto on our lives
« Reply #525 on: September 19, 2024, 09:31:24 PM »
I agree with you if we have a busy schedule in the real world and are interested in investing in crypto, rather than not having time to do research and make analysis, we should buy top coins when the price is still low and decide to hold for the long term until the bullish season because this is more profitable and safer than trading and not being able to focus because of our busy real world.
I think there are many people out there who want to invest in Crypto but are just a bit sceptical about their investment to be accurate because they have no idea much on the project they are about going into as a result of their schedule to do much verification or research about it. They just have to look into the market, check out for top coin on coinmarketcap then do their investment and it would be nice they do that when the market is bearish or if they are planning on holding for a long time, they can invest since they have a job or other business they can rely on for backup and with time and in line with their investment terms, they could make good profit from their investment.
I think we should have a job in the real world to meet our needs, because that's a priority. And investing in crypto is good by studying the top coins on CMC buying them when the crypto market is sluggish and holding them to make a profit, this is also a good way. because we can make a profit by investing and a steady income from the real world, we can still meet our needs, Although many people only focus on crypto and they can also earn income from crypto without having a job in the real world, but honestly I don't have the courage for that.
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Re: The impact of crypto on our lives
« Reply #525 on: September 19, 2024, 09:31:24 PM »

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Offline Sarionadukecom

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Re: The impact of crypto on our lives
« Reply #526 on: September 19, 2024, 10:06:05 PM »
I agree with you if we have a busy schedule in the real world and are interested in investing in crypto, rather than not having time to do research and make analysis, we should buy top coins when the price is still low and decide to hold for the long term until the bullish season because this is more profitable and safer than trading and not being able to focus because of our busy real world.
I think there are many people out there who want to invest in Crypto but are just a bit sceptical about their investment to be accurate because they have no idea much on the project they are about going into as a result of their schedule to do much verification or research about it. They just have to look into the market, check out for top coin on coinmarketcap then do their investment and it would be nice they do that when the market is bearish or if they are planning on holding for a long time, they can invest since they have a job or other business they can rely on for backup and with time and in line with their investment terms, they could make good profit from their investment.
I think we should have a job in the real world to meet our needs, because that's a priority. And investing in crypto is good by studying the top coins on CMC buying them when the crypto market is sluggish and holding them to make a profit, this is also a good way. because we can make a profit by investing and a steady income from the real world, we can still meet our needs, Although many people only focus on crypto and they can also earn income from crypto without having a job in the real world, but honestly I don't have the courage for that.
.
.I believe to enjoy crypto to its fullest. You need to have a side hustle for backup. In order not to make rash decisions.. with that you'll be cool headed and head the crypto way propely

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Re: The impact of crypto on our lives
« Reply #526 on: September 19, 2024, 10:06:05 PM »

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Re: The impact of crypto on our lives
« Reply #527 on: September 19, 2024, 10:42:27 PM »
I agree with you if we have a busy schedule in the real world and are interested in investing in crypto, rather than not having time to do research and make analysis, we should buy top coins when the price is still low and decide to hold for the long term until the bullish season because this is more profitable and safer than trading and not being able to focus because of our busy real world.
I think there are many people out there who want to invest in Crypto but are just a bit sceptical about their investment to be accurate because they have no idea much on the project they are about going into as a result of their schedule to do much verification or research about it. They just have to look into the market, check out for top coin on coinmarketcap then do their investment and it would be nice they do that when the market is bearish or if they are planning on holding for a long time, they can invest since they have a job or other business they can rely on for backup and with time and in line with their investment terms, they could make good profit from their investment.
I think we should have a job in the real world to meet our needs, because that's a priority. And investing in crypto is good by studying the top coins on CMC buying them when the crypto market is sluggish and holding them to make a profit, this is also a good way. because we can make a profit by investing and a steady income from the real world, we can still meet our needs, Although many people only focus on crypto and they can also earn income from crypto without having a job in the real world, but honestly I don't have the courage for that.

As we all know, Crypto market is very volatile and not advisable to depend on for a short term investment but rather a long term investment so in that case, anyone who wants to invest in Crypto is advised to have a financial backings so as not to get stucked up. A side hustle or a business outside crypto could help in time of financial issues to prevent an investor from touching their Crypto investment. 

I do not think it is advisable to fully depend on Crypto for survival. What if the Market goes bearish for a long time what would become of that person that solely depends on it for survival without having any side hustle or business. Wisdom is profitable to direct. Diversification should be an alternative to business.
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Offline Captain Corporate

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Re: The impact of crypto on our lives
« Reply #528 on: September 19, 2024, 10:50:52 PM »
When you have something like this in crypto that means that you have to see something that is getting better more and more constantly and that is why we should be seeing a greater situation. So we should focus on how we can get greater results anytime we do something like this and that is why I believe that the best option for us woukd be focusing on getting a more laser focused to bitcoin in the end. We are going to see this getting a good amount of money if we can make as much crypto investment and apply to as many crypto related jobs as we can as well, these are all important parts to start and after we get to a point where we can live on just crypto then we can have a much better money and have a much better life as well

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Re: The impact of crypto on our lives
« Reply #529 on: September 19, 2024, 10:52:00 PM »


As we all know, Crypto market is very volatile and not advisable to depend on for a short term investment but rather a long term investment so in that case, anyone who wants to invest in Crypto is advised to have a financial backings so as not to get stucked up. A side hustle or a business outside crypto could help in time of financial issues to prevent an investor from touching their Crypto investment. 

I do not think it is advisable to fully depend on Crypto for survival. What if the Market goes bearish for a long time what would become of that person that solely depends on it for survival without having any side hustle or business. Wisdom is profitable to direct. Diversification should be an alternative to business.
I agree with the comments above, we must have a steady income by having a job in the real world and not just rely on crypto investment because the crypto market is very volatile, if the market is sluggish we will have difficulty getting profit in investment. So it is very good if people have income from work and crypto investment as an addition to their income.

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Re: The impact of crypto on our lives
« Reply #530 on: September 19, 2024, 11:36:36 PM »
Good advice dude. I agree with you we should not diversify on random coins that we do not understand the character and potential of the coin. I also choose top coins as my choice coins to diversify my crypto investment. choosing top coins is easier because there is a lot of data and many references that we can use before deciding to buy the coins.
Yep. Be careful to diversify our portfolio.
Diversifying on random coins just leads to a riskier investment. Instead of lower the risk, it increases the risk. Random coins are totally unpredictable. They can be delisted from the exchanges at any time.

The primary goal of diversifying a cryptocurrency portfolio is to minimize risk by allocating most of the capital to assets that have genuine value in the market such as BTC and ETH. However, many investors misunderstand this and see portfolio diversification as taking advantage of every market trend to generate large profits through the snowball effect - using profits from one trend to reinvest in the next.
Correct. The purpose is to lower the risk. That's why we choose top coins such as Bitcoin and Ethereum.
True, many people misunderstand it, they think it is okay to diversify in any crypto coins. But since they have their own goal, sometimes we can't blame them.  :D

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Re: The impact of crypto on our lives
« Reply #531 on: September 20, 2024, 02:53:57 PM »


As we all know, Crypto market is very volatile and not advisable to depend on for a short term investment but rather a long term investment so in that case, anyone who wants to invest in Crypto is advised to have a financial backings so as not to get stucked up. A side hustle or a business outside crypto could help in time of financial issues to prevent an investor from touching their Crypto investment. 

I do not think it is advisable to fully depend on Crypto for survival. What if the Market goes bearish for a long time what would become of that person that solely depends on it for survival without having any side hustle or business. Wisdom is profitable to direct. Diversification should be an alternative to business.
I agree with the comments above, we must have a steady income by having a job in the real world and not just rely on crypto investment because the crypto market is very volatile, if the market is sluggish we will have difficulty getting profit in investment. So it is very good if people have income from work and crypto investment as an addition to their income.

Totally! Crypto can be a great part of your assets, but to invest in it, you should stand on your two confidently. Otherwise, it won't play out in a good way.

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Re: The impact of crypto on our lives
« Reply #531 on: September 20, 2024, 02:53:57 PM »


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Re: The impact of crypto on our lives
« Reply #532 on: September 20, 2024, 03:54:34 PM »
I agree with you if we have a busy schedule in the real world and are interested in investing in crypto, rather than not having time to do research and make analysis, we should buy top coins when the price is still low and decide to hold for the long term until the bullish season because this is more profitable and safer than trading and not being able to focus because of our busy real world.
I think there are many people out there who want to invest in Crypto but are just a bit sceptical about their investment to be accurate because they have no idea much on the project they are about going into as a result of their schedule to do much verification or research about it. They just have to look into the market, check out for top coin on coinmarketcap then do their investment and it would be nice they do that when the market is bearish or if they are planning on holding for a long time, they can invest since they have a job or other business they can rely on for backup and with time and in line with their investment terms, they could make good profit from their investment.
I think we should have a job in the real world to meet our needs, because that's a priority. And investing in crypto is good by studying the top coins on CMC buying them when the crypto market is sluggish and holding them to make a profit, this is also a good way. because we can make a profit by investing and a steady income from the real world, we can still meet our needs, Although many people only focus on crypto and they can also earn income from crypto without having a job in the real world, but honestly I don't have the courage for that.

      -      If those who enter the field of crypto business with zero knowledge, I also think it is better that they have another source of income, because it will be difficult for them to start here without a source of income, especially if they only live with their relatives. or parents at the moment.

Because bitcoin or cryptocurrency is not a joke when it is entered by anyone who seeks to make a profit from it. Taking the time is no longer a joke because studying here will really require you to spend many months and even more than 1 year in fact.

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Re: The impact of crypto on our lives
« Reply #533 on: September 20, 2024, 09:27:41 PM »


As we all know, Crypto market is very volatile and not advisable to depend on for a short term investment but rather a long term investment so in that case, anyone who wants to invest in Crypto is advised to have a financial backings so as not to get stucked up. A side hustle or a business outside crypto could help in time of financial issues to prevent an investor from touching their Crypto investment. 

I do not think it is advisable to fully depend on Crypto for survival. What if the Market goes bearish for a long time what would become of that person that solely depends on it for survival without having any side hustle or business. Wisdom is profitable to direct. Diversification should be an alternative to business.
I agree with the comments above, we must have a steady income by having a job in the real world and not just rely on crypto investment because the crypto market is very volatile, if the market is sluggish we will have difficulty getting profit in investment. So it is very good if people have income from work and crypto investment as an addition to their income.

Having an extra source of income could help one cushion any side effect that occurs as a result of hard crypto market conditions making one not to pull out their investment as a result of fear or matter of falling back to it when there is nothing to hold unto. This has been the case of many investors who had or depend on crypto as a source of income. When ever the market is going bearish, they hurriedly sale their investment forgetting that it would pick up back. But because of the fact that they are only dependent of crypto and do not have knowledge on how the system works, they just mess up their investment  and loose of of the market.

If one has an extra source of income, they would be confident irrespective of the market situation because they know it would definitely bounce back as they have alternative means of survival but that does not mean that they should not always follow up with the market trends to watch over their assets.

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Re: The impact of crypto on our lives
« Reply #534 on: September 20, 2024, 10:28:21 PM »
- If those who enter the field of crypto business with zero knowledge, I also think it is better that they have another source of income, because it will be difficult for them to start here without a source of income, especially if they only live with their relatives. or parents at the moment.
Even if someone has good knowledge in crypto, it is better that he still has main source of income in the real life. We can't rely on crypto jobs because we don't always get profits. Sometimes we can get losses because of many reasons. It is not only about the knowledge factor, the losses can be obtained because of the change in crypto market.  Crypto market condition is quite difficult to predict, sometimes it can turn to bear market very quickly.


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Re: The impact of crypto on our lives
« Reply #535 on: September 20, 2024, 11:03:38 PM »
- If those who enter the field of crypto business with zero knowledge, I also think it is better that they have another source of income, because it will be difficult for them to start here without a source of income, especially if they only live with their relatives. or parents at the moment.
Even if someone has good knowledge in crypto, it is better that he still has main source of income in the real life. We can't rely on crypto jobs because we don't always get profits. Sometimes we can get losses because of many reasons. It is not only about the knowledge factor, the losses can be obtained because of the change in crypto market.  Crypto market condition is quite difficult to predict, sometimes it can turn to bear market very quickly.
As you wrote, we must have a main income besides investing in crypto, this is true because the crypto market is very volatile as we see. So if we have a job in the real world, it remains a priority because our living needs and family must always be met. I read a member's comment that said crypto is other income. I agree with this because we must have a fixed income from the real world.

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Re: The impact of crypto on our lives
« Reply #536 on: September 23, 2024, 04:15:21 PM »
As you wrote, we must have a main income besides investing in crypto, this is true because the crypto market is very volatile as we see. So if we have a job in the real world, it remains a priority because our living needs and family must always be met. I read a member's comment that said crypto is other income. I agree with this because we must have a fixed income from the real world.
Well, I think this depends heavily on each investor's ability and preference. Usually, we invest in crypto to diversify our portfolios, and we still focus on our main jobs in real life to generate fiat. However, we also have full-time traders and 100% of their income comes from crypto.

What's more important is that crypto has given us another opportunity to invest and make money with just experience, the internet, and a device with trading software. Crypto trading is even easier and faster than stock trading, operates 24/7, and everyone is welcome to participate.
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Re: The impact of crypto on our lives
« Reply #537 on: September 23, 2024, 11:39:32 PM »
As you wrote, we must have a main income besides investing in crypto, this is true because the crypto market is very volatile as we see. So if we have a job in the real world, it remains a priority because our living needs and family must always be met. I read a member's comment that said crypto is other income. I agree with this because we must have a fixed income from the real world.
Well, I think this depends heavily on each investor's ability and preference. Usually, we invest in crypto to diversify our portfolios, and we still focus on our main jobs in real life to generate fiat. However, we also have full-time traders and 100% of their income comes from crypto.

What's more important is that crypto has given us another opportunity to invest and make money with just experience, the internet, and a device with trading software. Crypto trading is even easier and faster than stock trading, operates 24/7, and everyone is welcome to participate.

Indeed crypto has given us another means to diversify our investment. One can invest in crypto for a long term and face the other of their business and jobs so as not to be distracted by the market conditions. Doing this alone could help investors do away with the FUD and panic involved in the system because that alone causes loss and other set backs one faces in the cause of investing in crypto. As a matter of fact, there are many investors who prefers to stay away from crypto market after a specific period of time pending till the time they deem it fit taking profit and this has helped them a lot because it is rare to see such happen.
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Offline royalRitta

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Re: The impact of crypto on our lives
« Reply #538 on: September 24, 2024, 08:43:27 AM »
As you wrote, we must have a main income besides investing in crypto, this is true because the crypto market is very volatile as we see. So if we have a job in the real world, it remains a priority because our living needs and family must always be met. I read a member's comment that said crypto is other income. I agree with this because we must have a fixed income from the real world.
Well, I think this depends heavily on each investor's ability and preference. Usually, we invest in crypto to diversify our portfolios, and we still focus on our main jobs in real life to generate fiat. However, we also have full-time traders and 100% of their income comes from crypto.

What's more important is that crypto has given us another opportunity to invest and make money with just experience, the internet, and a device with trading software. Crypto trading is even easier and faster than stock trading, operates 24/7, and everyone is welcome to participate.

Indeed crypto has given us another means to diversify our investment. One can invest in crypto for a long term and face the other of their business and jobs so as not to be distracted by the market conditions. Doing this alone could help investors do away with the FUD and panic involved in the system because that alone causes loss and other set backs one faces in the cause of investing in crypto. As a matter of fact, there are many investors who prefers to stay away from crypto market after a specific period of time pending till the time they deem it fit taking profit and this has helped them a lot because it is rare to see such happen.

Yeah, but overall, if you invest each month the same amount of money, it would make your investment bought by the best price possible - the average ;D
Though,you are right - if a person does have needed expertise, he can buy any assent or coin when he thinks the time is right.

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Re: The impact of crypto on our lives
« Reply #539 on: September 24, 2024, 09:22:34 AM »
Cryptocurrency is of great benefits to us because people are demanding for it's continued existence, they have been long time enough due for an alternative currency that may give them their desired needs when it comes to financial economy, this is why the adoption was so massive after which they have discovered its intention was for good and of great impact to them on every sides.

 

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