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Author Topic: The impact of crypto on our lives  (Read 48085 times)

Offline rizqillah

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Re: The impact of crypto on our lives
« Reply #570 on: October 08, 2024, 10:31:53 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.
I agree with what you said "Many traders view crypto, forex, and stocks similarly". They seek profit from it according to what they like and understand. Currently, crypto is more in demand by the younger generation because they believe that crypto will have a good future.
While the choice in crypto for long or short is adjusted to their ability to invest, if they have trading skills they can choose short.

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Re: The impact of crypto on our lives
« Reply #570 on: October 08, 2024, 10:31:53 PM »

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Offline debra

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Re: The impact of crypto on our lives
« Reply #571 on: October 08, 2024, 11:52:51 PM »
I agree with what you said "Many traders view crypto, forex, and stocks similarly". They seek profit from it according to what they like and understand. Currently, crypto is more in demand by the younger generation because they believe that crypto will have a good future.
While the choice in crypto for long or short is adjusted to their ability to invest, if they have trading skills they can choose short.
Some people don't only trade on crypto coins only, they also trade on Forex or the like. I think it is good that they can trade in some markets but I think I can't do the same way as them. Yes, many crypto users are from young generation because they know well digital world. Meanwhile for old generation, they are not familiar with digital markets. Old generation prefer physical investments because they know it better. I think it is not a big deal, everyone has the right to choose any investment they like.


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Re: The impact of crypto on our lives
« Reply #571 on: October 08, 2024, 11:52:51 PM »

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Offline Makus

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Re: The impact of crypto on our lives
« Reply #572 on: October 09, 2024, 02:24:09 AM »
I agree with what you said "Many traders view crypto, forex, and stocks similarly". They seek profit from it according to what they like and understand. Currently, crypto is more in demand by the younger generation because they believe that crypto will have a good future.
While the choice in crypto for long or short is adjusted to their ability to invest, if they have trading skills they can choose short.

Indeed the younger generation  are getting more interested in cryptocurrency and digital assets. The world is evolving and we need to follow up, esle we'll  be left out just as those who still  regretted not investing in bitcoin when  it first came into existence. Preferably i would recommend long term investment most especially  for starters, but those who do have trading skill can go ahead and utilize their skill, there is higher risk in short term trade than long term investment on reputable projects. Though not everyone will accept crypto, even the government are looking forward to see the downfall of the market.
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Re: The impact of crypto on our lives
« Reply #573 on: October 09, 2024, 10:11:44 PM »
I have been interested in the crypto universe for practically my entire life, i am an enthusiast, a fan, i know that trading and investments in this sector are high risk, but i consider altcoins above all as a safe haven asset, a valid alternative to fiat and to the control of banks, a sort of financial independence
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Offline Uruhara

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Re: The impact of crypto on our lives
« Reply #574 on: October 09, 2024, 11:30:20 PM »
Indeed the younger generation  are getting more interested in cryptocurrency and digital assets. The world is evolving and we need to follow up, esle we'll  be left out just as those who still  regretted not investing in bitcoin when  it first came into existence. Preferably i would recommend long term investment most especially  for starters, but those who do have trading skill can go ahead and utilize their skill, there is higher risk in short term trade than long term investment on reputable projects. Though not everyone will accept crypto, even the government are looking forward to see the downfall of the market.
The younger generation is the generation that has entered crypto the most in the current era of digitalization. And yes, it seems that this young generation is also the one currently dominating the crypto market. But nowadays many older people are also interested in crypto. Even several senior stock players have also entered into crypto investment. And all of this is proven by the presence of spot Bitcoin ETFs and spot ETH ETFs which senior investors seem to much prefer to enter. But the older generation will be replaced by the younger generation. And yes, in a certain period of time crypto may really be accepted by everyone. Maybe that will happen in my child's generation.

Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #575 on: October 10, 2024, 06:54:47 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.
Whatever is chosen is based on the ability that is owned, so not because it follows other people who are successful, but it is not certain that we will be the same success.
I agree, crypto has a very large scope and whatever is chosen always carries risks. Every big risk, then what is obtained is also big and vice versa, so everything is determined by the right choice for yourself.
I think it has been recognized that crypto has become a very decisive tool for the development of renewable technology in running the wheels of the economy, so don't hesitate to do crypto activities for the needs of finding additional or even main income in life.

Offline luckyledger

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Re: The impact of crypto on our lives
« Reply #576 on: October 10, 2024, 07:59:19 AM »
I agree with what you said "Many traders view crypto, forex, and stocks similarly". They seek profit from it according to what they like and understand. Currently, crypto is more in demand by the younger generation because they believe that crypto will have a good future.
While the choice in crypto for long or short is adjusted to their ability to invest, if they have trading skills they can choose short.

Indeed the younger generation  are getting more interested in cryptocurrency and digital assets. The world is evolving and we need to follow up, esle we'll  be left out just as those who still  regretted not investing in bitcoin when  it first came into existence. Preferably i would recommend long term investment most especially  for starters, but those who do have trading skill can go ahead and utilize their skill, there is higher risk in short term trade than long term investment on reputable projects. Though not everyone will accept crypto, even the government are looking forward to see the downfall of the market.

I wouldn't say that governments seek to see the downfall of the market or the crypto, but rather to control it and people in the space, how they spend their assets and where they flow, etc.
CBDC is spoken about for a reason ;D

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Re: The impact of crypto on our lives
« Reply #576 on: October 10, 2024, 07:59:19 AM »


Offline nakmantu99

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Re: The impact of crypto on our lives
« Reply #577 on: October 10, 2024, 11:25:03 AM »

Whatever is chosen is based on the ability that is owned, so not because it follows other people who are successful, but it is not certain that we will be the same success.
I agree, crypto has a very large scope and whatever is chosen always carries risks. Every big risk, then what is obtained is also big and vice versa, so everything is determined by the right choice for yourself.
I think it has been recognized that crypto has become a very decisive tool for the development of renewable technology in running the wheels of the economy, so don't hesitate to do crypto activities for the needs of finding additional or even main income in life.
I agree, in investing we should understand the risks, that's why many suggest that we understand the risks of crypto. Actually, the way to minimize the risk in crypto is by having good risk management skills, I agree with this opinion. The higher the risk, the higher the profit, it depends on our abilities.

Offline $crypto$

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Re: The impact of crypto on our lives
« Reply #578 on: October 10, 2024, 05:58:10 PM »

Whatever is chosen is based on the ability that is owned, so not because it follows other people who are successful, but it is not certain that we will be the same success.
I agree, crypto has a very large scope and whatever is chosen always carries risks. Every big risk, then what is obtained is also big and vice versa, so everything is determined by the right choice for yourself.
I think it has been recognized that crypto has become a very decisive tool for the development of renewable technology in running the wheels of the economy, so don't hesitate to do crypto activities for the needs of finding additional or even main income in life.
I agree, in investing we should understand the risks, that's why many suggest that we understand the risks of crypto. Actually, the way to minimize the risk in crypto is by having good risk management skills, I agree with this opinion. The higher the risk, the higher the profit, it depends on our abilities.
But at first when someone starts to get interested in crypto, they must have seen someone who was already in the crypto space. From there they started to get interested because they saw something shown by the person they saw.

Actually, this is fine, but don't jump to conclusions. Just because they see someone successful in the crypto space they conclude that it's easy for them to do too, this is where the problem lies. At the beginning, it would be better for them to ask and find out the risks first.

Offline dekafee79

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Re: The impact of crypto on our lives
« Reply #579 on: October 10, 2024, 09:16:55 PM »

But at first when someone starts to get interested in crypto, they must have seen someone who was already in the crypto space. From there they started to get interested because they saw something shown by the person they saw.

Actually, this is fine, but don't jump to conclusions. Just because they see someone successful in the crypto space they conclude that it's easy for them to do too, this is where the problem lies. At the beginning, it would be better for them to ask and find out the risks first.
Newbies will be interested in entering crypto because they hear stories of many people getting profit by investing in crypto, but they don't understand the risks because we know it's not that easy to get rich by trading or investing in crypto. Everything takes a process, because we must have knowledge and experience in doing so. for those who have been investing in crypto for a long time, they must understand so when I am asked about crypto, I will tell you about the risks of investing in crypto before telling you about the benefits.

Offline $crypto$

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Re: The impact of crypto on our lives
« Reply #580 on: October 11, 2024, 03:10:54 PM »

But at first when someone starts to get interested in crypto, they must have seen someone who was already in the crypto space. From there they started to get interested because they saw something shown by the person they saw.

Actually, this is fine, but don't jump to conclusions. Just because they see someone successful in the crypto space they conclude that it's easy for them to do too, this is where the problem lies. At the beginning, it would be better for them to ask and find out the risks first.
Newbies will be interested in entering crypto because they hear stories of many people getting profit by investing in crypto, but they don't understand the risks because we know it's not that easy to get rich by trading or investing in crypto. Everything takes a process, because we must have knowledge and experience in doing so. for those who have been investing in crypto for a long time, they must understand so when I am asked about crypto, I will tell you about the risks of investing in crypto before telling you about the benefits.
At first we might be the same as them, knowing about crypto and thinking about things we shouldn't think about. The difference is we are more vigilant because everything we do has a risk, that's what finally brought us this far.

The learning process is something that everyone will go through, it is impossible for someone to come to this room to understand everything right away. That is also what everyone who is new to crypto must do, they must be patient and willing to learn.

Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #581 on: October 14, 2024, 06:48:10 AM »

But at first when someone starts to get interested in crypto, they must have seen someone who was already in the crypto space. From there they started to get interested because they saw something shown by the person they saw.

Actually, this is fine, but don't jump to conclusions. Just because they see someone successful in the crypto space they conclude that it's easy for them to do too, this is where the problem lies. At the beginning, it would be better for them to ask and find out the risks first.
Newbies will be interested in entering crypto because they hear stories of many people getting profit by investing in crypto, but they don't understand the risks because we know it's not that easy to get rich by trading or investing in crypto. Everything takes a process, because we must have knowledge and experience in doing so. for those who have been investing in crypto for a long time, they must understand so when I am asked about crypto, I will tell you about the risks of investing in crypto before telling you about the benefits.
In any business, if it is said that the benefits are very tempting, then it is certain that many will be interested, as well as with crypto, where people know that the benefits are very tempting, but behind all that there will be losses that are not exposed, so that they are forgotten and not well known. All beginners will experience that and all those who are active in the forum are the same, but on the way after studying well, the insight is opened to know everything.
But actually, all investments must have problems. It's just a matter of portion according to what we do.

Offline luckyledger

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Re: The impact of crypto on our lives
« Reply #582 on: October 14, 2024, 10:42:00 AM »

But at first when someone starts to get interested in crypto, they must have seen someone who was already in the crypto space. From there they started to get interested because they saw something shown by the person they saw.

Actually, this is fine, but don't jump to conclusions. Just because they see someone successful in the crypto space they conclude that it's easy for them to do too, this is where the problem lies. At the beginning, it would be better for them to ask and find out the risks first.
Newbies will be interested in entering crypto because they hear stories of many people getting profit by investing in crypto, but they don't understand the risks because we know it's not that easy to get rich by trading or investing in crypto. Everything takes a process, because we must have knowledge and experience in doing so. for those who have been investing in crypto for a long time, they must understand so when I am asked about crypto, I will tell you about the risks of investing in crypto before telling you about the benefits.
At first we might be the same as them, knowing about crypto and thinking about things we shouldn't think about. The difference is we are more vigilant because everything we do has a risk, that's what finally brought us this far.

The learning process is something that everyone will go through, it is impossible for someone to come to this room to understand everything right away. That is also what everyone who is new to crypto must do, they must be patient and willing to learn.

Yeah, I do agree - mistakes will be made, it's inevitable. You should just keep pushing forward and learn something new each day (if possible). Then, it will click on you, like solving a big puzzle.

Offline Uruhara

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Re: The impact of crypto on our lives
« Reply #583 on: October 14, 2024, 03:34:46 PM »
At first we might be the same as them, knowing about crypto and thinking about things we shouldn't think about. The difference is we are more vigilant because everything we do has a risk, that's what finally brought us this far.

The learning process is something that everyone will go through, it is impossible for someone to come to this room to understand everything right away. That is also what everyone who is new to crypto must do, they must be patient and willing to learn.
Well, everyone starts from the same point, namely from the point of ignorance. but because of the ongoing process and because someone is willing to learn diligently and patiently, in the end someone who was originally full of ignorance begins to know a lot about everything in this field. And basically even people who have been in this field for a long time still have to keep learning. Because various kinds of innovations in the crypto world continue to emerge from time to time. And we have to adapt to all of that. Because if we cannot adapt to the latest innovations that are present then we will be left behind and maybe even new arrivals can overtake us in terms of insight.

Offline pieppiep

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Re: The impact of crypto on our lives
« Reply #584 on: October 15, 2024, 09:14:09 AM »
At first we might be the same as them, knowing about crypto and thinking about things we shouldn't think about. The difference is we are more vigilant because everything we do has a risk, that's what finally brought us this far.

The learning process is something that everyone will go through, it is impossible for someone to come to this room to understand everything right away. That is also what everyone who is new to crypto must do, they must be patient and willing to learn.
Well, everyone starts from the same point, namely from the point of ignorance. but because of the ongoing process and because someone is willing to learn diligently and patiently, in the end someone who was originally full of ignorance begins to know a lot about everything in this field. And basically even people who have been in this field for a long time still have to keep learning. Because various kinds of innovations in the crypto world continue to emerge from time to time. And we have to adapt to all of that. Because if we cannot adapt to the latest innovations that are present then we will be left behind and maybe even new arrivals can overtake us in terms of insight.
Exactly, As it occurs in the crypto world, learners should be persistent and eager to learn more as this field is continually growing. Although most of it can be theorized already, the whole crypto world is diverse and continually introduces new inventions. Thus, learning continuously is mandatory rather than desirable. If we do not learn and are not relevant to the most current events, we will undoubtedly lose out on opportunities, and even newcomers to the crypto world.

And the solution is simple, be informed, follow the news, read new project whitepapers, and participate in crypto communities where people discuss new points of view and share real information. Also, availing innovations may be used as a way through which one can discover better approaches to either investment or trading. Thus, we stay for our position in the crypto world and are also prepared for something new that can appear in the future.

 

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