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Author Topic: The impact of crypto on our lives  (Read 48413 times)

Offline enwi

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Re: The impact of crypto on our lives
« Reply #795 on: January 31, 2025, 09:15:25 AM »
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.
No one can promise that investing in cryptocurrency is constantly beneficial since the price depends on various factors which cannot be forecasted. It is important for people to understand that while some have adopted this method and have actually made large sums of money, it does not mean that everybody will be able to do the same. Ideally, the market is unpredictable always even when there is a good strategy that had been formulated. It would seem that buying when the price is low and selling when the price is high makes perfect sense, but when it comes to application of this strategy, problems may arise. In long term they may bring what appears to be a seemingly unprofitable coin to zero while there are some that which are less considered may bring a highly valued coin to the roof. There is no guarantee in this investment and if one is not willing to stomach the risk of losing his capital then the capital is at risk.

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Re: The impact of crypto on our lives
« Reply #795 on: January 31, 2025, 09:15:25 AM »

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Offline dave_strider

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Re: The impact of crypto on our lives
« Reply #796 on: January 31, 2025, 12:36:00 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.

Knowledge brings proper risk management, and in turn, it becomes clear for a person what to do and how to behave on the market.

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Re: The impact of crypto on our lives
« Reply #796 on: January 31, 2025, 12:36:00 PM »

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Online Mr. Magkaisa

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Re: The impact of crypto on our lives
« Reply #797 on: January 31, 2025, 01:28:31 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.
No one can promise that investing in cryptocurrency is constantly beneficial since the price depends on various factors which cannot be forecasted. It is important for people to understand that while some have adopted this method and have actually made large sums of money, it does not mean that everybody will be able to do the same. Ideally, the market is unpredictable always even when there is a good strategy that had been formulated. It would seem that buying when the price is low and selling when the price is high makes perfect sense, but when it comes to application of this strategy, problems may arise. In long term they may bring what appears to be a seemingly unprofitable coin to zero while there are some that which are less considered may bring a highly valued coin to the roof. There is no guarantee in this investment and if one is not willing to stomach the risk of losing his capital then the capital is at risk.

       -        I agree with what you mentioned mate, that's why some of our other communities always say that the volatility of altcoins in this crypto industry is high. That's why risk management is a big help and a factor for us as holders and traders as well.

Because for me, til now, cryptocurrency is still a big factor and a help in my life at the moment because financially it really helped me a lot and giving a hand
to support my family as well.

Offline bounceback

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Re: The impact of crypto on our lives
« Reply #798 on: January 31, 2025, 05:03:32 PM »
I agree with what you mentioned mate, that's why some of our other communities always say that the volatility of altcoins in this crypto industry is high. That's why risk management is a big help and a factor for us as holders and traders as well.

Because for me, til now, cryptocurrency is still a big factor and a help in my life at the moment because financially it really helped me a lot and giving a hand
to support my family as well.
Have been six years keep in cryptocurrency because give big factor for my financial until right now, although can't count how much loss from cryptocurrency but I earn much and my capital for marriage from cryptocurrency.
I think if some one can manage well with their financial not get difficult have positive impact with cryptocurrency from their life, now depend on our self how to manage well with financial when earning much profit have to spend for real business and keep earn profitable although any crypto assets get lower price.

Offline Doovla

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Re: The impact of crypto on our lives
« Reply #799 on: January 31, 2025, 07:08:28 PM »
Yes, whoever is at the beginning of crypto is now somewhere far away from his residence on a peninsula or an island with extensions on his laptop and with a drink in his hand on a lounge chair, watching the last trade in the hour and planning how to fill the website staking methods where his APY percentage rises every 4 days. Crypto has really made an impact.
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Offline rizqillah

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Re: The impact of crypto on our lives
« Reply #800 on: February 01, 2025, 10:06:22 PM »
I agree with what you mentioned mate, that's why some of our other communities always say that the volatility of altcoins in this crypto industry is high. That's why risk management is a big help and a factor for us as holders and traders as well.

Because for me, til now, cryptocurrency is still a big factor and a help in my life at the moment because financially it really helped me a lot and giving a hand
to support my family as well.
Have been six years keep in cryptocurrency because give big factor for my financial until right now, although can't count how much loss from cryptocurrency but I earn much and my capital for marriage from cryptocurrency.
I think if some one can manage well with their financial not get difficult have positive impact with cryptocurrency from their life, now depend on our self how to manage well with financial when earning much profit have to spend for real business and keep earn profitable although any crypto assets get lower price.
many are helped by investing in crypto they get profit and rewards from bounty and airdrop in the past. I myself can also build a house partly from crypto profit besides my income in the real world.
I agree with you who say financial management is very important. I also try to manage my finances well.

Offline enwi

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Re: The impact of crypto on our lives
« Reply #801 on: February 02, 2025, 07:20:18 AM »
many are helped by investing in crypto they get profit and rewards from bounty and airdrop in the past. I myself can also build a house partly from crypto profit besides my income in the real world.
I agree with you who say financial management is very important. I also try to manage my finances well.
Yes, Having a proper financial management helps to be free in choosing further actions. Investment in cryptos has also enabled people to make profits through trading and also through several programmes that exists in beforehand. It is safer to integrate the outcome of crypto to other sources of income so that the financial planning is more balanced and stable. In this way, any profit attained is managed as planned, and in this case, all the income received should also be managed in a similar fashion. Proper habits can be used regarding the possession as well as the handling of these assets, as what we do will create good benefits not for the present alone but in the coming years and months as well.

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Re: The impact of crypto on our lives
« Reply #801 on: February 02, 2025, 07:20:18 AM »


Offline yohananaomi

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Re: The impact of crypto on our lives
« Reply #802 on: February 03, 2025, 04:59:54 AM »
I agree with what you mentioned mate, that's why some of our other communities always say that the volatility of altcoins in this crypto industry is high. That's why risk management is a big help and a factor for us as holders and traders as well.

Because for me, til now, cryptocurrency is still a big factor and a help in my life at the moment because financially it really helped me a lot and giving a hand
to support my family as well.
Have been six years keep in cryptocurrency because give big factor for my financial until right now, although can't count how much loss from cryptocurrency but I earn much and my capital for marriage from cryptocurrency.
I think if some one can manage well with their financial not get difficult have positive impact with cryptocurrency from their life, now depend on our self how to manage well with financial when earning much profit have to spend for real business and keep earn profitable although any crypto assets get lower price.
many are helped by investing in crypto they get profit and rewards from bounty and airdrop in the past. I myself can also build a house partly from crypto profit besides my income in the real world.
I agree with you who say financial management is very important. I also try to manage my finances well.
Until now, it has indeed been very helpful, even though it is not like the past where it could make a very large contribution only from bounties and, of course, additional airdrops.
Many are helped by crypto and many who succeed from bounties can invest in potential coins so that they continue to be sustainable until now.
You are certainly one of the very lucky ones with the results of crypto and it can continue to exist, until now and, hopefully, the results will continue to increase.

Online MrSpasybo

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Re: The impact of crypto on our lives
« Reply #803 on: February 03, 2025, 06:28:45 PM »
many are helped by investing in crypto they get profit and rewards from bounty and airdrop in the past. I myself can also build a house partly from crypto profit besides my income in the real world.
I agree with you who say financial management is very important. I also try to manage my finances well.
Congratulations on achieving your goal of building your own home with the addition of profits from crypto. I am also trying to achieve a similar goal, although I know it will be extremely difficult.

Crypto has given me many opportunities but unfortunately I declined them due to lack of knowledge. Currently, I am trying to correct my mistakes and take advantage of many opportunities related to crypto, including publishing research on the crypto market to earn additional income. Crypto can really awaken the greed of everyone ^^
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