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Author Topic: The impact of crypto on our lives  (Read 48154 times)

Offline Hisbullah

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Re: The impact of crypto on our lives
« Reply #780 on: January 24, 2025, 11:33:27 PM »

Yes, that's right, that's why I personally rarely suggest someone to invest in cryptocurrency even though I know that investing in crypto is very potential and has a good future. Because what I'm afraid of is like that, their assumptions will go to the negative if they are really ignorant about crypto and then told that investing here will get multiple profits.
I also do not recommend others to invest in crypto because the risk is high, but if they ask about crypto I will answer with basic knowledge. Let them seek knowledge and try to understand crypto. because if we suggest investing and experience losses later we will be blamed.
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Investing in crypto is very risky, we have to be careful in answering because we are afraid that if they experience losses they will blame us.
I also don't talk much about crypto with friends in the real world unless they ask about it. This is a matter of money and we must not be careless in inviting them to invest in crypto, it is very risky
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Re: The impact of crypto on our lives
« Reply #780 on: January 24, 2025, 11:33:27 PM »

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Offline enwi

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Re: The impact of crypto on our lives
« Reply #781 on: January 25, 2025, 05:00:16 PM »

Yes, that's right, that's why I personally rarely suggest someone to invest in cryptocurrency even though I know that investing in crypto is very potential and has a good future. Because what I'm afraid of is like that, their assumptions will go to the negative if they are really ignorant about crypto and then told that investing here will get multiple profits.
I also do not recommend others to invest in crypto because the risk is high, but if they ask about crypto I will answer with basic knowledge. Let them seek knowledge and try to understand crypto. because if we suggest investing and experience losses later we will be blamed.
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Investing in crypto is very risky, we have to be careful in answering because we are afraid that if they experience losses they will blame us.
I also don't talk much about crypto with friends in the real world unless they ask about it. This is a matter of money and we must not be careless in inviting them to invest in crypto, it is very risky
It is normal to be conscious of the dangers present in Crypto investing since it deals with a lot of amount of money. I think that it is quite dangerous to discuss this, especially as far as other people are concerned and their choices are concerned. Presenting staking comprised of facts without overloading the person with propaganda is reasonable approach. Each one is for the consequences or actions that they take individually and though it is noble not to overstep yourself and make it seem like you are forcing them to make decisions that would not be best. When asked for our opinions we can state in facts and tell them the truth then leave all the final decisions to them. It is a safe way to ensure each other’s safety when dealings are proved to be risky.

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Re: The impact of crypto on our lives
« Reply #781 on: January 25, 2025, 05:00:16 PM »

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Offline KryptoBull

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Re: The impact of crypto on our lives
« Reply #782 on: January 25, 2025, 06:30:15 PM »
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.

Offline dekafee79

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Re: The impact of crypto on our lives
« Reply #783 on: January 25, 2025, 08:56:31 PM »
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.
In crypto we learn many things. I also do not borrow money, give advice because it is risky. , we better focus on investing with the free money we have and do not need to be forced by taking loans from banks or friends to invest in crypto.

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Re: The impact of crypto on our lives
« Reply #784 on: January 25, 2025, 11:59:43 PM »
In crypto we learn many things. I also do not borrow money, give advice because it is risky. , we better focus on investing with the free money we have and do not need to be forced by taking loans from banks or friends to invest in crypto.
Indeed, to be honest, in crypto, we learn many things and get many things, too. From crypto, we learn to be much more open-minded towards everything, we get a lot of understanding about asset management, risk, finance, and so on. and the most important and important thing is that we get income from crypto and this is very helpful for daily life and also for several other needs. This is what is very desirable, although of course the road will not be that smooth to succeed in crypto, but by significant process and progress, then it is not something impossible.

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Re: The impact of crypto on our lives
« Reply #785 on: January 26, 2025, 01:33:36 AM »
The impact of cryptocurrency in our lives depends on the action that we do, even if we know crypto but we don't take actions on how to earn on it we cannot expect an impact, we need to know more about earning or ways on how to make a profit not just seeing and hearing it.we need to work for it to before we can see of feel the impact.
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Re: The impact of crypto on our lives
« Reply #786 on: January 26, 2025, 02:28:35 PM »
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.
Actually if we have found the right path in this Cryptocurreny, then we will be comfortable here. Even we can easily get money from here, and will remain calm if we experience losses. We can find many ways, how we can get income whether it is from trading, investing or Airdrop and others as.

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Re: The impact of crypto on our lives
« Reply #786 on: January 26, 2025, 02:28:35 PM »


Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #787 on: January 27, 2025, 04:37:26 AM »
Money matters are very risky, so we have to be extra careful. If someone asks, we answer, we explain what they asked. And we should not give wrong information, if we are asked and cannot answer, we just say we cannot.
And if someone asks about investing in cryptocurrency, I usually say it is very risky. If you want to enter, then you must really know the risks that you will experience.
Maybe that way, they will think again and not blame us if something bad happens in their investment.
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.
In crypto we learn many things. I also do not borrow money, give advice because it is risky. , we better focus on investing with the free money we have and do not need to be forced by taking loans from banks or friends to invest in crypto.
It's very true that in crypto we get a lot of very good knowledge about every action we take.
About loans, of course, there are those who feel very good that they can be done because they are able to pay them when they are due, but do not recommend borrowing money from anyone to invest in crypto if you yourself are unable to pay the debts you make because it will clearly be detrimental., Borrowing in business is a common thing to grow your business and is not prohibited as long as you can do it.

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Re: The impact of crypto on our lives
« Reply #788 on: January 28, 2025, 03:15:41 PM »
It's very true that in crypto we get a lot of very good knowledge about every action we take.
About loans, of course, there are those who feel very good that they can be done because they are able to pay them when they are due, but do not recommend borrowing money from anyone to invest in crypto if you yourself are unable to pay the debts you make because it will clearly be detrimental., Borrowing in business is a common thing to grow your business and is not prohibited as long as you can do it.
In business, borrowing is also not encouraged if the owner is not sufficiently prepared in terms of business strategy and market analysis. A poor business strategy can cause the owner to lose all borrowed capital and face economic difficulties. This is even worse in the crypto market because the volatility of token prices is enormous and can create incidents to the investor's account.

Margin is also a form of borrowing, and I usually do not recommend this. Futures allow traders to use leverage, and I do not advise new investors to experience it until they have enough experience and are guided by a more professional trader. Crypto is not a financial game, it is a battlefield, where the experienced will profit, and the inexperienced will pay to gain experience.
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Re: The impact of crypto on our lives
« Reply #789 on: January 28, 2025, 04:04:44 PM »
In crypto we learn many things. I also do not borrow money, give advice because it is risky. , we better focus on investing with the free money we have and do not need to be forced by taking loans from banks or friends to invest in crypto.

There is nothing guarantee in crypto investment, it's risk but bull run gives some people some kind of excitement that they can make money from crypto and then they run to carry loan yet they forget that loan isn't free, there is an accrue interest rate that comes with it the more time you game to pay back, you may end up havung more interest to pay than the money you will make.

If you ever going to make investment in crypto, it should strictly be amount that you are ready to let go, the money you can fully take responsibility of what comes after, that's what you do when investing in crypto and not take any loan no matter what the circumstances.
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Re: The impact of crypto on our lives
« Reply #790 on: January 28, 2025, 05:00:41 PM »
In crypto we learn many things. I also do not borrow money, give advice because it is risky. , we better focus on investing with the free money we have and do not need to be forced by taking loans from banks or friends to invest in crypto.

There is nothing guarantee in crypto investment, it's risk but bull run gives some people some kind of excitement that they can make money from crypto and then they run to carry loan yet they forget that loan isn't free, there is an accrue interest rate that comes with it the more time you game to pay back, you may end up havung more interest to pay than the money you will make.

If you ever going to make investment in crypto, it should strictly be amount that you are ready to let go, the money you can fully take responsibility of what comes after, that's what you do when investing in crypto and not take any loan no matter what the circumstances.
It is true that there is no guarantee in crypto investment because there will always be risks, but with the knowledge and experience we have, we can choose the smallest risk to get maximum results according to our targets.
In investing in crypto, we should use funds that we can afford to lose because the risk of using borrowed funds will be great.

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Re: The impact of crypto on our lives
« Reply #791 on: January 30, 2025, 06:48:45 PM »
There is nothing guarantee in crypto investment, it's risk but bull run gives some people some kind of excitement that they can make money from crypto and then they run to carry loan yet they forget that loan isn't free, there is an accrue interest rate that comes with it the more time you game to pay back, you may end up havung more interest to pay than the money you will make.

If you ever going to make investment in crypto, it should strictly be amount that you are ready to let go, the money you can fully take responsibility of what comes after, that's what you do when investing in crypto and not take any loan no matter what the circumstances.
I even avoid giving financial advice like this, even though it can be helpful for many new investors in the crypto market. Investors often think of "rosy/pink" scenarios when entering the market: x10, x100, x1000 and become as rich as someone on Youtube, they think these advices have hindered them from the wealth they deserve ^^

Although the crypto market has created many losses for many people in the past 15 years, it has really helped change the views on economics and investment of many people. If I had not participated in the crypto market, I would have forever thought that new techniques and technologies have value for the development of society, not financial manipulation tricks.
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Re: The impact of crypto on our lives
« Reply #792 on: January 30, 2025, 10:15:17 PM »
It is true that there is no guarantee in crypto investment because there will always be risks, but with the knowledge and experience we have, we can choose the smallest risk to get maximum results according to our targets.
Indeed. Crypto investment has the risk, even people assume it is high risk. That's why we must have proper knowledge before we begin crypto investment. Having knowledge will ensure us to invest in the right way, we only can to invest with the right strategy if we have knowledge.

In investing in crypto, we should use funds that we can afford to lose because the risk of using borrowed funds will be great.
Yep. We only use the safe money, the money that we can afford to lose it. And for the beginners, it is better to use small money firstly. Just use a bigger money when we know well crypto investment.

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Re: The impact of crypto on our lives
« Reply #793 on: January 30, 2025, 10:25:49 PM »
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.

Crypto has made it possible for people to look beyond their capacity. Many of use has made one first $1k profits from crypto, I'm not sure if there is any traditional work that can give you such kind of money. Even if there is a way you can earn, there is no way you are going to be quick to find that money, it will take time before you get that money.

Crypto gives some people a chance to work on theirself through crypto earning. There are plenty of job seekers that today earn and feed through crypto, only crypto can give you that amount of money, you can't get it anywhere else.
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Offline dekafee79

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Re: The impact of crypto on our lives
« Reply #794 on: January 30, 2025, 11:21:56 PM »
Crypto has made us more cautious about our finances: no borrowing, no all-in, and no giving advice. I learned this after many losses and negative experiences in this market.

Crypto has also made me more interested in learning how the economy works, the nature of money, and the cyclical nature of market sentiment. These are all things I never considered in the first 20 years of my life.

Crypto has made it possible for people to look beyond their capacity. Many of use has made one first $1k profits from crypto, I'm not sure if there is any traditional work that can give you such kind of money. Even if there is a way you can earn, there is no way you are going to be quick to find that money, it will take time before you get that money.

Crypto gives some people a chance to work on theirself through crypto earning. There are plenty of job seekers that today earn and feed through crypto, only crypto can give you that amount of money, you can't get it anywhere else.
crypto is indeed an interesting investment, some can get $ 1K profit on the initial investment, but it will not be consistent if they do not have knowledge and experience in investing in crypto. Because the crypto market is difficult to predict in the short term, but if we become a holder we can get high profits,. by buying when bearish and selling when bullish. It takes free funds and a long time. and of course you have to choose coins that have the potential to go up during the bull season.

 

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