The impact of crypto on our lives

[Celph]

Cryptocurrency is changing lives! It helps those without banks, providing secure transactions. Innovation is booming.
But, the market's volatile. Prices swing wildly and regulators are unsure. Security risks are real.
Looking ahead, crypto's future is bright. Central banks will issue digital currencies and decentralized finance will thrive. Crypto empowers individuals, giving control over their finances.
What's your take on this?

[$crypto$]

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.

Learning is something that must be done all the time, no matter if they are already full of knowledge, they must continue to learn. Even without learning someone who has very broad knowledge will be left behind in the end.

One thing that differentiates the learning process is, there are people who can understand quickly and there are people who cannot understand quickly, or they need more time. This goes back to the ability to grasp each individual.

[enoch_from_off]

Cryptocurrency is changing lives! It helps those without banks, providing secure transactions. Innovation is booming.
But, the market's volatile. Prices swing wildly and regulators are unsure. Security risks are real.
Looking ahead, crypto's future is bright. Central banks will issue digital currencies and decentralized finance will thrive. Crypto empowers individuals, giving control over their finances.
What's your take on this?

I do think that your post would be better put into another thread, rather than here 

[dekafee79]

Learning is something that must be done all the time, no matter if they are already full of knowledge, they must continue to learn. Even without learning someone who has very broad knowledge will be left behind in the end.

One thing that differentiates the learning process is, there are people who can understand quickly and there are people who cannot understand quickly, or they need more time. This goes back to the ability to grasp each individual.

In the learning process, each person is different, some can understand quickly and some need a long time and repeatedly to be able to understand something. And we must always learn and practice in honing skills, making analysis and predictions. This is what I do in trading. Because it also takes experience in investment and trading.

[legend45]

Learning is something that must be done all the time, no matter if they are already full of knowledge, they must continue to learn. Even without learning someone who has very broad knowledge will be left behind in the end.

One thing that differentiates the learning process is, there are people who can understand quickly and there are people who cannot understand quickly, or they need more time. This goes back to the ability to grasp each individual.

In the learning process, each person is different, some can understand quickly and some need a long time and repeatedly to be able to understand something. And we must always learn and practice in honing skills, making analysis and predictions. This is what I do in trading. Because it also takes experience in investment and trading.

We must always learn and seek knowledge and experience. Because if we feel great and do not learn, we will be left behind by others. because science and technology are always developing. We must understand every new thing so as not to be left behind.
Especially in trading, we will always see new features on the exchange and we must try and learn them. We must also be able to make analysis with market movements that change at all times, that is the function of learning.

[yohananaomi]

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.

Understand in general, in investment, that everything will definitely be risky and, of course, in crypto it will be even riskier, but there are always benefits to be gained from the big risk that the profits to be obtained are also quite large. But everything must be based in a way, so that the risk that occurs is very small will be better, and you are right that we must have a foundation to be able to manage good risk by studying accurate analysis before determining where the funds we will put. Analysis is very important to avoid mistakes that can occur when we make the wrong choice.

[bayu7adi]

Cryptocurrency is changing lives! It helps those without banks, providing secure transactions. Innovation is booming.
But, the market's volatile. Prices swing wildly and regulators are unsure. Security risks are real.
Looking ahead, crypto's future is bright. Central banks will issue digital currencies and decentralized finance will thrive. Crypto empowers individuals, giving control over their finances.
What's your take on this?

It seems that central banks that want to adopt a decentralized system like cryptocurrency at this time is impossible... they really need control over it and the only thing that makes sense is the creation of a CBDC, a currency in the form of crypto but still under the control of the central bank

The fluctuating nature may also disappear, because central banks may aim to use CBDC for wider purposes, such as payment gateways for merchants...

What we can count on is Bitcoin... when Bitcoin can become something big, it will make us as holders get financial benefits and also for the practical adoption of blockchain, it may also be a good trigger.

[nakmantu99]

Understand in general, in investment, that everything will definitely be risky and, of course, in crypto it will be even riskier, but there are always benefits to be gained from the big risk that the profits to be obtained are also quite large. But everything must be based in a way, so that the risk that occurs is very small will be better, and you are right that we must have a foundation to be able to manage good risk by studying accurate analysis before determining where the funds we will put. Analysis is very important to avoid mistakes that can occur when we make the wrong choice.

Bigger risks will bring bigger profits, that's true but it must be adjusted to our experience and skills in managing that risk. Because in investing, it takes caution, not only courage. We have to do research, make analysis and predictions that should be close to accuracy. Because if we predict wrongly and take a bigger risk, of course we will lose. Even though the goal of investing is to make a profit.

[$crypto$]

Learning is something that must be done all the time, no matter if they are already full of knowledge, they must continue to learn. Even without learning someone who has very broad knowledge will be left behind in the end.

One thing that differentiates the learning process is, there are people who can understand quickly and there are people who cannot understand quickly, or they need more time. This goes back to the ability to grasp each individual.

In the learning process, each person is different, some can understand quickly and some need a long time and repeatedly to be able to understand something. And we must always learn and practice in honing skills, making analysis and predictions. This is what I do in trading. Because it also takes experience in investment and trading.

Well, after learning and we start practicing, then there will be experience that we can get. Lessons from experience can only be obtained when we have done it, so this also takes time.

It is impossible for someone who is new to the trading or investment space to be directly experienced. Unless learning from other people's experiences, and I think that will be different, because what we feel ourselves will be easier to understand in my opinion.

[rizqillah]

Well, after learning and we start practicing, then there will be experience that we can get. Lessons from experience can only be obtained when we have done it, so this also takes time.

It is impossible for someone who is new to the trading or investment space to be directly experienced. Unless learning from other people's experiences, and I think that will be different, because what we feel ourselves will be easier to understand in my opinion.

That is why we have to learn and practice in order to gain experience in trading, because we do not always have to follow other people's experiences because the experience we get will make us have better knowledge and skills and if we focus we may be able to become a professional trader.
This is all a process to become more expert in making analysis and predictions in trading.

[pieppiep]

Well, after learning and we start practicing, then there will be experience that we can get. Lessons from experience can only be obtained when we have done it, so this also takes time.

It is impossible for someone who is new to the trading or investment space to be directly experienced. Unless learning from other people's experiences, and I think that will be different, because what we feel ourselves will be easier to understand in my opinion.

That is why we have to learn and practice in order to gain experience in trading, because we do not always have to follow other people's experiences because the experience we get will make us have better knowledge and skills and if we focus we may be able to become a professional trader.
This is all a process to become more expert in making analysis and predictions in trading.

When aspiring to be a professional trader the key thing is to learn and in the process gain personal experience. While scenario analysis of actual trading involving other traders will be rich in receptives, they will only offer an insight into how the market works after acquiring direct experience in trading. Hence, more consistent efforts in the technical and fundamental analysis with no apprehensions for the capital, may increase our probability of arriving at better trading decisions. While it takes time, continuous practice of analysis for making profit, studying the trends for market prediction and learning ways to minimize risks will help to emerge as efficient trader, closer to the goal. Not only those who have made good and profitable gains and become full time traders at the beginning lost and did not quit but over time they became professional traders.

[$crypto$]

Well, after learning and we start practicing, then there will be experience that we can get. Lessons from experience can only be obtained when we have done it, so this also takes time.

It is impossible for someone who is new to the trading or investment space to be directly experienced. Unless learning from other people's experiences, and I think that will be different, because what we feel ourselves will be easier to understand in my opinion.

That is why we have to learn and practice in order to gain experience in trading, because we do not always have to follow other people's experiences because the experience we get will make us have better knowledge and skills and if we focus we may be able to become a professional trader.
This is all a process to become more expert in making analysis and predictions in trading.

We can't possibly skip the process, in any case we have to go through the process and during it we have to be able to enjoy it. Many people fail to go through the process because they want something instant.

Patience is something we must have during the process, because without patience we will quickly get bored and give up, especially when we feel a loss that will definitely affect our mentality.

[nakmantu99]

We can't possibly skip the process, in any case we have to go through the process and during it we have to be able to enjoy it. Many people fail to go through the process because they want something instant.

Patience is something we must have during the process, because without patience we will quickly get bored and give up, especially when we feel a loss that will definitely affect our mentality.

In learning we need patience, I agree with you this is a process to become better and in undergoing the process we must be patient and focus on learning and practicing. I agree with some of the opinions above, especially in trading it also takes a long time to become a reliable trader and can get more profit than loss.

[$crypto$]

We can't possibly skip the process, in any case we have to go through the process and during it we have to be able to enjoy it. Many people fail to go through the process because they want something instant.

Patience is something we must have during the process, because without patience we will quickly get bored and give up, especially when we feel a loss that will definitely affect our mentality.

In learning we need patience, I agree with you this is a process to become better and in undergoing the process we must be patient and focus on learning and practicing. I agree with some of the opinions above, especially in trading it also takes a long time to become a reliable trader and can get more profit than loss.

Yes, whether we like it or not, we have to go through that process, we can't possibly skip one step that we should have gone through. We have to enjoy it step by step, and it will definitely require patience.

Many people want instant luck, and we know the result is that they will feel a loss because of something they did themselves. Nothing is instant in this world, everything requires a process.

[armanda90]

In learning we need patience, I agree with you this is a process to become better and in undergoing the process we must be patient and focus on learning and practicing. I agree with some of the opinions above, especially in trading it also takes a long time to become a reliable trader and can get more profit than loss.

Indeed need learning more for success in trading most important how patience waiting the right time for investing or trading, usually many trader have huge ambition to earn much profit instant without waiting process. Most of them believing after investing much money will earn profitable in short term without make analyze firstly before trading.
Trading take more longer time to earn much profitable and waiting when market have dropped if want earn high return, if lack patience waiting the right time I think difficult to earn much or become success in trading because many people loss their much money after investing with hype moment only.