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Re: Before you step into crypto

Postby Xynehappy » 09 Mar 2023, 05:25

I have heard of people loosing all what they had invested in the crypto currency in investments. So I decided to stay away from it completely.
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Re: Before you step into crypto

Postby oldbuddy » 09 Mar 2023, 05:36

Xynehappy wrote:I have heard of people loosing all what they had invested in the crypto currency in investments. So I decided to stay away from it completely.

The solution to that problem is not to quit, that will result in ZERO progress. The solution I applied was to earn small amounts of free Crypto and deposit it where it will grow daily and earn compound interest, so next year at this time you will be a Satoshi Millionaire that can invest every day for free.
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Re: Before you step into crypto

Postby Tendz » 09 Mar 2023, 07:45

@Xynehappy
Without a doubt the market is risky as all investments are subject to market risks. But if we look beyond the downturn, we will find crypto to be a lifesaver.
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Re: Before you step into crypto

Postby Yugocean » 09 Mar 2023, 08:34

There is nothing risk free, risk is in every part, and running away from risk is just an excuse of not even starting.
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Re: Before you step into crypto

Postby JASPREET » 09 Mar 2023, 08:40

I am doing my own research at my snail pace but its fine as I don't need to rush with my earning
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Re: Before you step into crypto

Postby Yugocean » 09 Mar 2023, 08:41

Valid, never rush, but take every plan step by step, understanding its ways, this will make you expert too.
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Re: Before you step into crypto

Postby Emmaojo » 09 Mar 2023, 09:21

There's need of a mentor for whoever wants to step into crypto currency because you might lose your money if you use ordinary knowledge getting from search engine.
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Re: Before you step into crypto

Postby Tendz » 09 Mar 2023, 10:54

Initially yes, it can save you from lots of losses. But, it would be better if you keep learning yourself fast because depending on others will not give you strength to make your own financial decisions. And, if something wrong happens you might end up blaming each other for it. So, freedom in making your own decisions and taking responsibility for it is best option.
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Re: Before you step into crypto

Postby oldbuddy » 09 Mar 2023, 18:41

Yugocean wrote:There is nothing risk free, risk is in every part, and running away from risk is just an excuse of not even starting.

Please explain where you see any risk, if I used free websites to earn free Bitcoins and deposit them in an account that pays me daily compound interest on each investment as low as $0.25 USD for 128 days. The higher my investment balance grows, the greater my Revenue Share becomes. I have been applying this strategy for a couple of years and unless you have a new definition of risk, I sure have not been able to see any.
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Re: Before you step into crypto

Postby crestcapital » 10 Mar 2023, 17:12

Before you step into cryptocurrency investment, you must have the prerequisite experience.
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Re: Before you step into crypto

Postby Cuddy » 11 Mar 2023, 22:39

Before stepping into crypto there is a need for adequate analysis which must be done in order to make money.
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Re: Before you step into crypto

Postby oldbuddy » 11 Mar 2023, 23:22

crestcapital wrote:Before you step into cryptocurrency investment, you must have the prerequisite experience.

B.S. Explain Yourself! I have had enough of this Stranger Danger Crap, We are all adults here and have all the information we need right here on this Forum, as long as we are past reading age.
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Re: Before you step into crypto

Postby friendociate » 12 Mar 2023, 16:36

oldbuddy wrote:
crestcapital wrote:Before you step into cryptocurrency investment, you must have the prerequisite experience.

B.S. Explain Yourself! I have had enough of this Stranger Danger Crap, We are all adults here and have all the information we need right here on this Forum, as long as we are past reading age.

These kids think you have to have 'permission' to do the things you read about on The Internet---much like I probably believed before I realized that we ARE the ones who write the things people read on The Internet.

That's I thought that even after YEARS of 'writing on The Internet'---so "indoctrinated" I was with the belief that you had to be "certified" (with a degree from a certified institute) before you could be "published!"
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Re: Before you step into crypto

Postby crestcapital » 12 Mar 2023, 16:48

There is need to carry out proper analysis before you step into cryptocurrency because it is a risky investment.
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Re: Before you step into crypto

Postby oldbuddy » 12 Mar 2023, 19:55

crestcapital wrote:There is need to carry out proper analysis before you step into cryptocurrency because it is a risky investment.

Pray tell me, what is the risk if you earn some Bitcoin for free and deposit it online to earn some interest?
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Re: Before you step into crypto

Postby Emmaojo » 12 Mar 2023, 21:28

Before you step into crypto, try to meet with experienced ones who are into it so this will help you to lose less.
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Re: Before you step into crypto

Postby JASPREET » 13 Mar 2023, 04:25

It's a learning cycle so you better keep learning and do better and I am trying to do the same
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Re: Before you step into crypto

Postby friendociate » 13 Mar 2023, 20:21

oldbuddy wrote:
crestcapital wrote:There is need to carry out proper analysis before you step into cryptocurrency because it is a risky investment.

Pray tell me, what is the risk if you earn some Bitcoin for free and deposit it online to earn some interest?

We silly mortals, believing that our money has to start with something real :crazy:
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Re: Before you step into crypto

Postby oldbuddy » 13 Mar 2023, 22:39

friendociate wrote:
oldbuddy wrote:
crestcapital wrote:There is need to carry out proper analysis before you step into cryptocurrency because it is a risky investment.

Pray tell me, what is the risk if you earn some Bitcoin for free and deposit it online to earn some interest?

We silly mortals, believing that our money has to start with something real :crazy:

The money (Bitcoin) I have in my Faucet Accounts did start with something real, I registered for an account to participate in their website. Then I participated by logging on at the proper intervals defined by them to claim a random amount (defined by them) that was added to my account balance. I also read Paid To Click Ads and responded to Research Surveys that they provided to me for additional rewards if I completed them according to their instructions. If I desired, I could withdraw those earnings, or deposit them into an Active Shares account to earn Daily Compound Interest (like a bank CD) for a predetermined period of 128 days at 0.7% compounded daily and added to my balance. The more shares I earn, the higher my daily reward goes up and increased my balance. I have been doing this ofr a couple of years and withdrawn thousands of Satoshi to my CoinBase account and increased the value of my Active Shares to over One Million Satoshi with which I have purchased Amazon Gift Cards that I exchanged for products and services from their website. I assure you, they are very real.
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Re: Before you step into crypto

Postby kataomoi » 14 Mar 2023, 01:04

oldbuddy wrote:Please explain where you see any risk, if I used free websites to earn free Bitcoins and deposit them in an account that pays me daily compound interest on each investment as low as $0.25 USD for 128 days. The higher my investment balance grows, the greater my Revenue Share becomes. I have been applying this strategy for a couple of years and unless you have a new definition of risk, I sure have not been able to see any.
The risk is losing the BTC you earned. Websites and even banks can close down and you'll lose your principal. Accounts can get hacked. That's probably what he means by nothing is risk free.

That being said, I agree with what you are saying. Depositing a set amount and letting compound interest work its magic is a great way to build wealth.
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