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Author Topic: The impact of crypto on our lives  (Read 48301 times)

Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #555 on: September 30, 2024, 06:45:09 AM »

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.
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.

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Re: The impact of crypto on our lives
« Reply #555 on: September 30, 2024, 06:45:09 AM »

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Offline bounceback

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Re: The impact of crypto on our lives
« Reply #556 on: September 30, 2024, 07:55:02 AM »
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.
I think bad decision for following trading in cryptocurrency or joining any bounty and campaign project than leaving the real world job, make crypto or profitable earn from airdrop and bounty campaign as side job and keep focus for main job in our life.
profitable in trading can't promising every day or every our investing entry, many time have hold it because price drop drastically and make bounty campaign or airdrop as main job not worth it how many campaign running for long term but payment very small. I think fatal mistake did by many people leaving their real world job and make cryptocurrency as their main job for long term.

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Re: The impact of crypto on our lives
« Reply #556 on: September 30, 2024, 07:55:02 AM »

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Offline royalRitta

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Re: The impact of crypto on our lives
« Reply #557 on: September 30, 2024, 08:19:08 AM »
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.
I think bad decision for following trading in cryptocurrency or joining any bounty and campaign project than leaving the real world job, make crypto or profitable earn from airdrop and bounty campaign as side job and keep focus for main job in our life.
profitable in trading can't promising every day or every our investing entry, many time have hold it because price drop drastically and make bounty campaign or airdrop as main job not worth it how many campaign running for long term but payment very small. I think fatal mistake did by many people leaving their real world job and make cryptocurrency as their main job for long term.

Yeah, I too think that it should be done as a side quest of sorts, using crypto and investing in it while you have a stable source of income to back it up.
Airdrops and bounties are a great way to enter the space, but they can't be the main source of your income (because of the risks involved and it won't be a stable source).
Thus, everybody decides for themselves, but, in my opinion, it's better to have a main job and then go into crypto as a side-job of sorts.

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Re: The impact of crypto on our lives
« Reply #558 on: October 01, 2024, 09:21:53 AM »
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.
I think bad decision for following trading in cryptocurrency or joining any bounty and campaign project than leaving the real world job, make crypto or profitable earn from airdrop and bounty campaign as side job and keep focus for main job in our life.
profitable in trading can't promising every day or every our investing entry, many time have hold it because price drop drastically and make bounty campaign or airdrop as main job not worth it how many campaign running for long term but payment very small. I think fatal mistake did by many people leaving their real world job and make cryptocurrency as their main job for long term.

Yeah, I too think that it should be done as a side quest of sorts, using crypto and investing in it while you have a stable source of income to back it up.
Airdrops and bounties are a great way to enter the space, but they can't be the main source of your income (because of the risks involved and it won't be a stable source).
Thus, everybody decides for themselves, but, in my opinion, it's better to have a main job and then go into crypto as a side-job of sorts.
Indeed, As a means of temporary income and having another job or a regular source of income is beneficial to invest in cryptocurrencies. Airdrops and giveaways are great and might serve as an introduction to using cryptocurrencies, but few should rely on crypto as it is an extremely volatile market. By having a main job, you not only free yourself of the constant fear of running out of cash but you also avoid unnecessary pressures that compel one to make the wrong investment decisions with the end goal being to make money fast. This enables one to move around the crypto market with a cool head and clear sighted goal.
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Offline MrSpasybo

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Re: The impact of crypto on our lives
« Reply #559 on: October 02, 2024, 05:05:30 PM »
Indeed, As a means of temporary income and having another job or a regular source of income is beneficial to invest in cryptocurrencies. Airdrops and giveaways are great and might serve as an introduction to using cryptocurrencies, but few should rely on crypto as it is an extremely volatile market. By having a main job, you not only free yourself of the constant fear of running out of cash but you also avoid unnecessary pressures that compel one to make the wrong investment decisions with the end goal being to make money fast. This enables one to move around the crypto market with a cool head and clear sighted goal.
Yeah, most people in the crypto market are investors: buying and selling tokens for profit while providing liquidity to the market. Only a few people manage to secure stable jobs such as devs, marketing, translators, KOLs... In investing, we should only participate in highly volatile markets like crypto with money we can afford to lose.

This can only be done if we have a stable income from our main job, allocate a portion of our savings or income to invest in crypto, and ensure that our lives won't be overly negatively impacted if the crypto market disappears tomorrow morning. BTC and crypto have become so mainstream that we need to have plans in place for investing and handling the associated risks.
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Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #560 on: October 03, 2024, 05:40:41 AM »
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.
I think bad decision for following trading in cryptocurrency or joining any bounty and campaign project than leaving the real world job, make crypto or profitable earn from airdrop and bounty campaign as side job and keep focus for main job in our life.
profitable in trading can't promising every day or every our investing entry, many time have hold it because price drop drastically and make bounty campaign or airdrop as main job not worth it how many campaign running for long term but payment very small. I think fatal mistake did by many people leaving their real world job and make cryptocurrency as their main job for long term.
Whatever action is taken by a person is his own responsibility, as well as whether he wants to continue in crypto but leave his permanent job is the one who will feel it later. But as someone who understands the unstable crypto situation, it is good to always give advice that the act of leaving a permanent job to dive into crypto is something that must be considered well.
Because doing anything in crypto can be done in between the busyness of a permanent job, because everything can be worked out well so that both can run together.

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Re: The impact of crypto on our lives
« Reply #561 on: October 03, 2024, 07:58:22 PM »
The real problem is, if you follow investment, trading in crypto, do you need to leave your real-world job that you have been doing for a long time? Actually, all crypto jobs can still be done in between the jobs that have been done so far.
Besides having jumped in and focused on trading, which already has a guarantee with sufficient funds for trading, of course, it can be done, but it is not the main solution. If you can still do it in between jobs, but if you don't have time anymore and want to focus on trading, of course, that is an option.
Participating in airdrops, bounties have no guarantee of being able to produce results. Remember when the bounties in 2017-2018, the payments were very large. Now they are no longer there, so the situation is changing quickly.
I think bad decision for following trading in cryptocurrency or joining any bounty and campaign project than leaving the real world job, make crypto or profitable earn from airdrop and bounty campaign as side job and keep focus for main job in our life.
profitable in trading can't promising every day or every our investing entry, many time have hold it because price drop drastically and make bounty campaign or airdrop as main job not worth it how many campaign running for long term but payment very small. I think fatal mistake did by many people leaving their real world job and make cryptocurrency as their main job for long term.
Whatever action is taken by a person is his own responsibility, as well as whether he wants to continue in crypto but leave his permanent job is the one who will feel it later. But as someone who understands the unstable crypto situation, it is good to always give advice that the act of leaving a permanent job to dive into crypto is something that must be considered well.
Because doing anything in crypto can be done in between the busyness of a permanent job, because everything can be worked out well so that both can run together.
I agree with you, we should have a job in the real world and crypto is just a side to get additional income. Crypto is very difficult to prescribe and the market is very volatile, we cannot fulfill the needs of Hipkita if it only depends on Crypto revenue, because my capital invest in Crypto is also not much.

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Re: The impact of crypto on our lives
« Reply #561 on: October 03, 2024, 07:58:22 PM »


Offline MrSpasybo

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Re: The impact of crypto on our lives
« Reply #562 on: October 06, 2024, 03:52:17 PM »
I agree with you, we should have a job in the real world and crypto is just a side to get additional income. Crypto is very difficult to prescribe and the market is very volatile, we cannot fulfill the needs of Hipkita if it only depends on Crypto revenue, because my capital invest in Crypto is also not much.
This depends on each person role in the crypto market. You and I are investors, so we need income from a main job in our daily lives. On the contrary, those who participate in the market as developers, project team members, or provide OTC services will only focus on the crypto market.

The important thing we can see is that we should not put all our assets into one asset class, whether we work in or out of the crypto market. Diversification is necessary, especially when crypto is a highly volatile market.
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Online Dr.Bitcoin_Strange

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Re: The impact of crypto on our lives
« Reply #563 on: October 06, 2024, 04:07:45 PM »
Whatever action is taken by a person is his own responsibility, as well as whether he wants to continue in crypto but leave his permanent job is the one who will feel it later. But as someone who understands the unstable crypto situation, it is good to always give advice that the act of leaving a permanent job to dive into crypto is something that must be considered well.
Because doing anything in crypto can be done in between the busyness of a permanent job, because everything can be worked out well so that both can run together.
Leaving one’s permanent job and diversifying to crypto isn’t such a great idea at all. While it’s true that such a choice is totally dependent on the individual, it’s also crucial to first undermine the possible outcomes of such decision before even taking it because some people who make these decisions forget to put certain things into adequate consideration. Maybe they’re following one social media influencer who’s posing as a crypto trader or investor and see the person lavishing money and they wish to be like that as without thinking about every other things, they just decide to dump their job to go into full time trading or investing.

This is a fantasy game that social media influencers knows how to play very well in order to attract traffic on their page, and the making money off them. And ignorant people just blindly follow them and regret it later.

Offline armanda90

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Re: The impact of crypto on our lives
« Reply #564 on: October 06, 2024, 11:07:01 PM »
This depends on each person role in the crypto market. You and I are investors, so we need income from a main job in our daily lives. On the contrary, those who participate in the market as developers, project team members, or provide OTC services will only focus on the crypto market.

The important thing we can see is that we should not put all our assets into one asset class, whether we work in or out of the crypto market. Diversification is necessary, especially when crypto is a highly volatile market.
If want make crypto as long term investment required with main job how to get earning for daily day, but some trader make cryptocurrency as short investment or trade in daily day to earn as soon profitable its not required main job. Its not problem with cryptocurrency make as main job and have bigger impact to increasing our income during can manage profitable consistency but if difficult make crypto for side job only.

Talking about the crypto impact have been my main job for several years ago, I wish get consistent become long and short term trader in cryptocurrency ho to increase my source income for longer time,

Offline LogitechMouse

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Re: The impact of crypto on our lives
« Reply #565 on: October 07, 2024, 12:13:58 AM »
Whatever action is taken by a person is his own responsibility, as well as whether he wants to continue in crypto but leave his permanent job is the one who will feel it later. But as someone who understands the unstable crypto situation, it is good to always give advice that the act of leaving a permanent job to dive into crypto is something that must be considered well.
Because doing anything in crypto can be done in between the busyness of a permanent job, because everything can be worked out well so that both can run together.
I'll give a scenario. What if I'm trading currently while having a job, and I'm earning more than what I earn from it on a monthly basis. Can I leave now in my permanent job knowing that my monthly profit in trading is way more, and I'm doing it constantly, like no losses whatsoever. Kind of impossible, but it can happen. ;)

I agree with what you said that any person's decision is their responsibility that's why if they choose to leave their permanent job for the sake of crypto, it's their fault if they will not end up well with it. I've seen some who for some reasons left their job and focused on crypto because they're earning more from it, and while some of it ended up miserably, there are ones who thinks that it's their best decision because they are making more money from it. As for me, I want to maximize everything as long as I can hence, I have a full-time job and have some side hustle as well.

Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #566 on: October 07, 2024, 05:44:40 AM »
Whatever action is taken by a person is his own responsibility, as well as whether he wants to continue in crypto but leave his permanent job is the one who will feel it later. But as someone who understands the unstable crypto situation, it is good to always give advice that the act of leaving a permanent job to dive into crypto is something that must be considered well.
Because doing anything in crypto can be done in between the busyness of a permanent job, because everything can be worked out well so that both can run together.
I'll give a scenario. What if I'm trading currently while having a job, and I'm earning more than what I earn from it on a monthly basis. Can I leave now in my permanent job knowing that my monthly profit in trading is way more, and I'm doing it constantly, like no losses whatsoever. Kind of impossible, but it can happen. ;)

I agree with what you said that any person's decision is their responsibility that's why if they choose to leave their permanent job for the sake of crypto, it's their fault if they will not end up well with it. I've seen some who for some reasons left their job and focused on crypto because they're earning more from it, and while some of it ended up miserably, there are ones who thinks that it's their best decision because they are making more money from it. As for me, I want to maximize everything as long as I can hence, I have a full-time job and have some side hustle as well.
In my opinion, as I stated, if indeed the trading income is greater than the fixed monthly income, of course, it is seen whether we are able to do the work together and do not need to leave the permanent job, because it does not interfere with the activity to being disturbed, the best solution must be sought what is willing to be sacrificed and become a decision and should not hesitate anymore.

There are those who are indeed successful when they jump straight in by leaving their permanent jobs, but it is certain that there will be those who are not successful, because everything always has negative and positive impacts. I think because it has been determined, what is taken as a guideline becomes a responsibility that must be accepted if it is not in accordance with the expected plan, because not all are certain to succeed well, because of that we always do good analysis before deciding.

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Re: The impact of crypto on our lives
« Reply #567 on: October 07, 2024, 08:15:00 AM »
This depends on each person role in the crypto market. You and I are investors, so we need income from a main job in our daily lives. On the contrary, those who participate in the market as developers, project team members, or provide OTC services will only focus on the crypto market.

The important thing we can see is that we should not put all our assets into one asset class, whether we work in or out of the crypto market. Diversification is necessary, especially when crypto is a highly volatile market.
If want make crypto as long term investment required with main job how to get earning for daily day, but some trader make cryptocurrency as short investment or trade in daily day to earn as soon profitable its not required main job. Its not problem with cryptocurrency make as main job and have bigger impact to increasing our income during can manage profitable consistency but if difficult make crypto for side job only.

Talking about the crypto impact have been my main job for several years ago, I wish get consistent become long and short term trader in cryptocurrency ho to increase my source income for longer time,

Yeah, there are traders, investors, and lots of other people in crypto, the space is huge, however, being a Trader holds more risks than being an Investor, of course.
Crypto can be a great tool for making some side profits, but a lot of thought and effort should be taken if you want to make it and activities within it the main source of your income, because it may not be worth it.

Offline Rami

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Re: The impact of crypto on our lives
« Reply #568 on: October 07, 2024, 04:50:31 PM »
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?

You've touched on some really important points. The emotional rollercoaster of the crypto market can be intense, and it’s true that it affects people in so many different ways. I’ve seen friends get caught up in the hype and make risky moves, while others have found a more balanced approach like DCA, which seems to work better for long-term gains.

For me, I try to keep a level head and focus on the tech behind it all. I believe in the potential of blockchain to bring real change, and that’s what keeps me interested. Sure, the profits are nice, but I’m more excited about how this technology can impact our lives in the long run. It’s all about finding that balance, right? Here’s to hoping we can all navigate this wild ride together!

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Re: The impact of crypto on our lives
« Reply #569 on: October 08, 2024, 08:00:15 PM »
If want make crypto as long term investment required with main job how to get earning for daily day, but some trader make cryptocurrency as short investment or trade in daily day to earn as soon profitable its not required main job. Its not problem with cryptocurrency make as main job and have bigger impact to increasing our income during can manage profitable consistency but if difficult make crypto for side job only.

Talking about the crypto impact have been my main job for several years ago, I wish get consistent become long and short term trader in cryptocurrency ho to increase my source income for longer time,
Many traders view crypto, forex, and stocks similarly: they are simply places for them to work, using their experience and knowledge to profit from buying and selling. They are full-time crypto traders, busy every day to optimize the use of capital and are not satisfied with DCA and hold.

I think everyone's choice is reasonable, at least for them. The same is true when you decide to enter the market and choose Long/Short, while for many investors, Futures is a risky and extremely dangerous market.
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