The impact of crypto on our lives

[Tribalchief]

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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.

Having an investor that can freely stay away from the market for a while is determined by the level of prioritization. It is easier for an investor who is very busy with growing his/her main source of income to stay away from the crypto market, because the main source of income happens to be the most prioritized, and the results that comes out will have a say in the level of crypto investment.

But for those who trade, and as well take it as a main source of income. Well, we can't really tell their level of financial stability. Some of these traders are well endow, so they just get into trading from what they've acquired.

[yohananaomi]

- 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.

The principle is not to leave your main job before we are sure and believe that crypto will provide more income than, the previous job, Because if you leave your main job and the results of crypto are not clear, it is certainly very risky for the daily life that we will live., Hoping to be better than what already exists is certainly good, but it is true as people say about crypto which is very unpredictable which of course there is always a risk that will occur, if we do not anticipate the risks that will occur properly.

[royalRitta]

The principle is not to leave your main job before we are sure and believe that crypto will provide more income than, the previous job, Because if you leave your main job and the results of crypto are not clear, it is certainly very risky for the daily life that we will live., Hoping to be better than what already exists is certainly good, but it is true as people say about crypto which is very unpredictable which of course there is always a risk that will occur, if we do not anticipate the risks that will occur properly.

I totally agree.
First would be your stable source of income, second - use it to make your portfolio even better.
It's really important to remember about that if you are not going to be full-on-crypto.

[Cryptsafe]

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
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.

Investing the same amount each month in a token or coin is not a bad idea but at what market condition are you buying at is what I think that matters to some extent. Because if the market condition is in the bull, do not expect to get the same volume or quantity like what you got when you invested at bear market likewise same way when you invest in bear market.

Who says one does not need to know about their investment? if you do not bother about your asset then how do you know the market trend to decide when to sell and when to buy in? You do not just buy at any time but you have to look out for proper signal before entering the market otherwise you would have yourself to blame.

[dekafee79]

Investing the same amount each month in a token or coin is not a bad idea but at what market condition are you buying at is what I think that matters to some extent. Because if the market condition is in the bull, do not expect to get the same volume or quantity like what you got when you invested at bear market likewise same way when you invest in bear market.

Who says one does not need to know about their investment? if you do not bother about your asset then how do you know the market trend to decide when to sell and when to buy in? You do not just buy at any time but you have to look out for proper signal before entering the market otherwise you would have yourself to blame.

Some use the DCA method to buy coins gradually, either in the same amount or not, depending on market conditions and our financial capabilities. This is also a method that many people use and is quite popular.
We must know what we are investing in, when we enter and when we exit and always monitor the market.

[pieppiep]

Investing the same amount each month in a token or coin is not a bad idea but at what market condition are you buying at is what I think that matters to some extent. Because if the market condition is in the bull, do not expect to get the same volume or quantity like what you got when you invested at bear market likewise same way when you invest in bear market.

Who says one does not need to know about their investment? if you do not bother about your asset then how do you know the market trend to decide when to sell and when to buy in? You do not just buy at any time but you have to look out for proper signal before entering the market otherwise you would have yourself to blame.

Some use the DCA method to buy coins gradually, either in the same amount or not, depending on market conditions and our financial capabilities. This is also a method that many people use and is quite popular.
We must know what we are investing in, when we enter and when we exit and always monitor the market.

However, I do not think it will be effective enough simply using the DCA method alone Determining the proper investment plan is a complex and often the simplest way to do this is the DCA methodły requires knowledge and proper discipline in applying it. Each prospect, each action, each option that is selected should be done with careful study and powerful consideration of future financial objectives. Therefore, such management of risks and an ability that is concerned with the capacity of changing on strategies when they fail to achieve a higher market would produce expected results. It means that regardless of various market situations we are able to respond without yielding to emotions and going with the flow, thus the accurate balance of opportunity to risk ratio is vital.

[yohananaomi]

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.

If you still have a real job, then it is not recommended to leave it and crypto is used as a side job only, but maybe there are those who are already good at crypto and rely on crypto for their living needs. Of course, it is not wrong if they are indeed able to do that well. All jobs are of course to find money for life that can be used for personal and family interests.
All must have their own obstacles as well as investing in crypto, but if done with good analysis, then it will still work and there is nothing wrong with doing that.

[Tribalchief]

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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.

Even though crypto investment has proven to be more profitable than most investment that has been around for long, I still don't buy the idea of making it the only source of income. When I come across certain people online who claims to be traders, I don't just believe that trading is the only thing they are into. Every man needs something tangible that they can survive on, and not depending on one particular thing. Just as you've stated, the crypto market can be very volatile, which can reduce ones portfolio for a certain period, and also increase it for another period.

But there can actually be an exception to this if and only if the investor has acquired more than he can ever spend through out his/her lifetime. You will definitely expect that investor to reserve some funds for personal needs, and invest the rest.

[luckyledger]

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.

If you still have a real job, then it is not recommended to leave it and crypto is used as a side job only, but maybe there are those who are already good at crypto and rely on crypto for their living needs. Of course, it is not wrong if they are indeed able to do that well. All jobs are of course to find money for life that can be used for personal and family interests.
All must have their own obstacles as well as investing in crypto, but if done with good analysis, then it will still work and there is nothing wrong with doing that.

I too agree that there should be an alternative source of income besides crypto ventures, drops, investment, trading, you name it.
The market is quite volatile and it's essentially to stay on your two to be able to withstand some situations.
That's my opinion on it.

[Cryptsafe]

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.

If you still have a real job, then it is not recommended to leave it and crypto is used as a side job only, but maybe there are those who are already good at crypto and rely on crypto for their living needs. Of course, it is not wrong if they are indeed able to do that well. All jobs are of course to find money for life that can be used for personal and family interests.
All must have their own obstacles as well as investing in crypto, but if done with good analysis, then it will still work and there is nothing wrong with doing that.

Advising anyone to leave their job for Crypto is the last thing I would do because I have seen the good and the bad in Crypto, the ugly and the beautiful. It's not a thing of play though  but experience is teacher so me on-boarding anybody would mean me educating them properly and that is what I have been doing.

I read a story on x early this week that somebody reigned their job when I say job, a good job a pharmacist for that matter. I was disturbed that the person that onboarded him did not give him a thorough guidelines hence his silly mistake and today he is regretting it. He learnt Crypto the hard way which was unfortunate when it could have been avoided. I could imagine what he is facing now as a result of his mistake in relying on Crypto and airdrop for that matter when he wasn't sure of it and has not seen the end of it.

[Dzwaafu11]

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.

It’s so unfortunate that some of your friends sold their physical assets to invest in crypto back then. But I think this is because there was a limited knowledge about crypto because if they are knowledgeable about what they were about to do. I don’t think it will go to this extent of selling their house to invest in crypto because we all know the risk that is attached to this space when it comes to investment,

so I wonder why they took that action because they don’t want to miss out on the opportunity. However, let me just say they don’t have the knowledge of how it works by that time. If they do, they don’t sell their house to invest. That is why knowledge should be the first thing before getting into crypto investment. 

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.

I think this is how it happens everywhere. We can’t believe in one thing, and at the same time, some people most condemn it regardless of how useful it is to our society, but right now I believe those people who neglected it and think it will not favour them will be regretting not accepting it in the early stages of the growth of cryptocurrency.

[doc]

Advising anyone to leave their job for Crypto is the last thing I would do because I have seen the good and the bad in Crypto, the ugly and the beautiful. It's not a thing of play though  but experience is teacher so me on-boarding anybody would mean me educating them properly and that is what I have been doing.

I read a story on x early this week that somebody reigned their job when I say job, a good job a pharmacist for that matter. I was disturbed that the person that onboarded him did not give him a thorough guidelines hence his silly mistake and today he is regretting it. He learnt Crypto the hard way which was unfortunate when it could have been avoided. I could imagine what he is facing now as a result of his mistake in relying on Crypto and airdrop for that matter when he wasn't sure of it and has not seen the end of it.

If we lose our jobs, we can focus on trading in crypto and maybe participate in airdrops and bounty campaigns. But if we decide to leave our jobs and focus on crypto is something that is very risky, how will we meet our living needs? Because the crypto market is very volatile and difficult to predict.

[alltalk]

Advising anyone to leave their job for Crypto is the last thing I would do because I have seen the good and the bad in Crypto, the ugly and the beautiful.

I even will advice any person to stay in their current jobs. It will be too risky to depend on crypto jobs, it is not really safe jobs. Moreover if someone leaves his current job for working on bounties or airdrops, I think it is a stupid decision. Crypto is high risk, we can't rely on crypto to change our life.

I read a story on x early this week that somebody reigned their job when I say job, a good job a pharmacist for that matter. I was disturbed that the person that onboarded him did not give him a thorough guidelines hence his silly mistake and today he is regretting it. He learnt Crypto the hard way which was unfortunate when it could have been avoided. I could imagine what he is facing now as a result of his mistake in relying on Crypto and airdrop for that matter when he wasn't sure of it and has not seen the end of it.

It is actually very good job. I don't understand why he must leave the job. 
Even if he can master trading, I am sure there is no guarantee to always get good profits in trading. If he want to full time doing bounties, it is also very risky.

[doc]

It is actually very good job. I don't understand why he must leave the job. 
Even if he can master trading, I am sure there is no guarantee to always get good profits in trading. If he want to full time doing bounties, it is also very risky.

I read a lot of suggestions for giving here so that we don't leave the real world's work to continue to have a sense. Because focusing on trading is also not always profitable, the Cryto market is very volatile and difficult to predict so we should still have a job in the real world. Participating in Airdrop also there is no guarantee that we will always get rewards, in my opinion Join Bounty Campaign Paid BTC is more certain we get Weekly Rewards.

[Cryptsafe]

Advising anyone to leave their job for Crypto is the last thing I would do because I have seen the good and the bad in Crypto, the ugly and the beautiful. It's not a thing of play though  but experience is teacher so me on-boarding anybody would mean me educating them properly and that is what I have been doing.

I read a story on x early this week that somebody reigned their job when I say job, a good job a pharmacist for that matter. I was disturbed that the person that onboarded him did not give him a thorough guidelines hence his silly mistake and today he is regretting it. He learnt Crypto the hard way which was unfortunate when it could have been avoided. I could imagine what he is facing now as a result of his mistake in relying on Crypto and airdrop for that matter when he wasn't sure of it and has not seen the end of it.

If we lose our jobs, we can focus on trading in crypto and maybe participate in airdrops and bounty campaigns. But if we decide to leave our jobs and focus on crypto is something that is very risky, how will we meet our living needs? Because the crypto market is very volatile and difficult to predict.

It is a different thing if one lose their job than resigning from their job just for crypto when we all know how volatile and risky it could be. Wisdom demands that you hold on to your real life job and take crypto as an investment opportunity which could yield result in a long term. Having an extra digital skills such as trading, web design, graphics design etc  if in case we decide to resign would be a good advantage to our journey into the crypto space.

Advising anyone to leave their job for Crypto is the last thing I would do because I have seen the good and the bad in Crypto, the ugly and the beautiful.

I even will advice any person to stay in their current jobs. It will be too risky to depend on crypto jobs, it is not really safe jobs. Moreover if someone leaves his current job for working on bounties or airdrops, I think it is a stupid decision. Crypto is high risk, we can't rely on crypto to change our life.

Staying in their real life job is a sure guarantee that they will always have a financial backup when ever the crypto space is not really showing forth. Bounties and airdrops are the worst sets of job one can think of engaging themselves as they are more of you gambling your time and efforts as there is no guarantee that the project you are promoting would be a successful one. Crypto is very volatile and risky and as such, one should be very careful the decision they take when it comes to things of this nature.

I read a story on x early this week that somebody reigned their job when I say job, a good job a pharmacist for that matter. I was disturbed that the person that onboarded him did not give him a thorough guidelines hence his silly mistake and today he is regretting it. He learnt Crypto the hard way which was unfortunate when it could have been avoided. I could imagine what he is facing now as a result of his mistake in relying on Crypto and airdrop for that matter when he wasn't sure of it and has not seen the end of it.

It is actually very good job. I don't understand why he must leave the job. 
Even if he can master trading, I am sure there is no guarantee to always get good profits in trading. If he want to full time doing bounties, it is also very risky.

Sure his job is a very good one for that matter but I will blame whoever onboarded him because they did not really educate him properly how the system works. He too made a mistake of not doing his own due diligence before resigning his job because if he had asked questions before taking that decision of resigning, I believe he would have desist from such deadly mistake. Maybe the person that onboarded him was just only after his referral bonus and nothing much.