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Re: Before you step into crypto

Postby Reedex » 11 Apr 2023, 06:53

It is always better to conduct personal research before you invest in crypto.
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Re: Before you step into crypto

Postby Tendz » 11 Apr 2023, 08:14

Cryptocurrency is not a get rich quick thing, it's actually a wealth building tool. Most view it as a speculative investment vehicle to gain wealth very quickly.
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Re: Before you step into crypto

Postby Bango » 11 Apr 2023, 12:27

That's right. It is true that this market can be very profitable, but sometimes you can lose all your hard earned money in a week.
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Re: Before you step into crypto

Postby oldbuddy » 11 Apr 2023, 13:10

Bango wrote:That's right. It is true that this market can be very profitable, but sometimes you can lose all your hard earned money in a week.

Not if you keep it for yourself and use what is freely available online every day.

--- 11 Apr 2023, 05:12 ---

Mika wrote:One of the major problems people have is they tend to believe crypto will make them rich overnight. Just like other markets, you will have to wait for a long time to grow your assets.

Very true, you have to wait at least overnight.
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Re: Before you step into crypto

Postby Nsikan » 11 Apr 2023, 17:23

It takes a degree of time for crypto to appreciate. I have a low risk tolerance so I don't do crypto.
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Re: Before you step into crypto

Postby Yugocean » 13 Apr 2023, 08:29

Newbies should HODL, and should not immediately jump into trading; loss and gain in trading is faster than HODLing.
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Re: Before you step into crypto

Postby Yugocean » 14 Apr 2023, 08:44

I started storing a part of altcoins in which I invest for trading purpose. Later when their value will rise, I will get compare.
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Re: Before you step into crypto

Postby nela13 » 14 Apr 2023, 12:01

oldbuddy wrote:What you say is true from your level, but once you reach the level of owning Active Shares the whole picture changes.

@oldbuddy I bought my first Active Share today :D I don't know if I did things right but right now it shows me that I have 1 Active share.
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Re: Before you step into crypto

Postby oldbuddy » 17 Apr 2023, 06:10

nela13 wrote:
oldbuddy wrote:What you say is true from your level, but once you reach the level of owning Active Shares the whole picture changes.

@oldbuddy I bought my first Active Share today :D I don't know if I did things right but right now it shows me that I have 1 Active share.

Tomorrow it will add 7 Satoshi to your Bitcoin Balance and that is just the tip of the iceberg.

--- 16 Apr 2023, 22:27 ---

Nsikan wrote:It takes a degree of time for crypto to appreciate. I have a low risk tolerance so I don't do crypto.

Are you making money online?

Are you satisfied with how much you are making?

If you are, then you are doing fine no mattr what anyone says.

If you are not, then you should think about changing something.
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Re: Before you step into crypto

Postby nela13 » 17 Apr 2023, 08:09

oldbuddy wrote:Tomorrow it will add 7 Satoshi to your Bitcoin Balance and that is just the tip of the iceberg

Yes, I notice a difference in my balance, this time I think I will earn 1000 quickly to buy another share.
Do you know if they have an app or it is only the website?
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Re: Before you step into crypto

Postby Tendz » 17 Apr 2023, 08:16

Nsikan wrote:It takes a degree of time for crypto to appreciate. I have a low risk tolerance so I don't do crypto.


Yes, it's better to understand and manage your risk tolerance before stepping in crypto investing.
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Re: Before you step into crypto

Postby Yugocean » 17 Apr 2023, 08:28

Oldbuddy is giving good ideas, I am still trying to get with my trading strategy. I made several lossed in wrong trade too, but learned from that too.
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Re: Before you step into crypto

Postby oldbuddy » 17 Apr 2023, 11:58

nela13 wrote:
oldbuddy wrote:Tomorrow it will add 7 Satoshi to your Bitcoin Balance and that is just the tip of the iceberg

Yes, I notice a difference in my balance, this time I think I will earn 1000 quickly to buy another share.
Do you know if they have an app or it is only the website?

i only use the website
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Re: Before you step into crypto

Postby Reedex » 17 Apr 2023, 14:23

oldbuddy wrote:
nela13 wrote:
oldbuddy wrote:Tomorrow it will add 7 Satoshi to your Bitcoin Balance and that is just the tip of the iceberg

Yes, I notice a difference in my balance, this time I think I will earn 1000 quickly to buy another share.
Do you know if they have an app or it is only the website?

i only use the website

I have learnt a lot from him and he has given me a lot of insight .
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Re: Before you step into crypto

Postby crestcapital » 17 Apr 2023, 14:37

You can actually make decent money from tiny drops of satoshi of Bitcoin on faucets sites.
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Re: Before you step into crypto

Postby oldbuddy » 18 Apr 2023, 21:43

crestcapital wrote:You can actually make decent money from tiny drops of satoshi of Bitcoin on faucets sites.

Talk to any farmer who grows bushels of wheat from tiny seeds and millions of drops of water. He doesn't ron out the next screaming where is the bread you promised.
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Re: Before you step into crypto

Postby nela13 » 19 Apr 2023, 20:47

oldbuddy wrote:only use the website

I didn't see any mention to an app in the site, it is weird that they don't have one but that is okay as the web version works well for me.
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Re: Before you step into crypto

Postby Abdulhamid001 » 12 May 2023, 16:13

Just as crypto currency can make one rich overnight ,dats the same way it can make one go broke overnight and that happens when proper research is not put into place before investing.
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Re: Before you step into crypto

Postby Inem » 13 May 2023, 11:55

Abdulhamid001 wrote:Just as crypto currency can make one rich overnight ,dats the same way it can make one go broke overnight and that happens when proper research is not put into place before investing.
There is no guarantee at all when it comes to cryptocurrency. It can make you crash in one second.
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Re: Before you step into crypto

Postby Tendz » 14 May 2023, 08:58

In cryptocurrency, there is higher potential profits as well as higher risk. By investing in them, it's very possible to get filthy rich, and also possible to lose all your money.
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