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deucher

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Ask deucher
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208 Questions
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  1. Asked: August 23, 2023In: Crypto & Forex

    How can I build a community for my crypto project?

    deucher
    deucher Active Contributor
    Added an answer on April 26, 2024 at 3:03 pm

    It is now not as difficult as it seems because it is quite easy to do in the crypto industry. First of all, it is worth creating such popular social networks for your project as Telegram and Twitter, because the majority of the crypto community uses these applications as a source of information. I tRead more

    It is now not as difficult as it seems because it is quite easy to do in the crypto industry. First of all, it is worth creating such popular social networks for your project as Telegram and Twitter, because the majority of the crypto community uses these applications as a source of information. I think that the quality of the product will be no less important, because if the product is not interesting, not so many people will want to be part of it and it does not matter how much money you spend on advertising

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  2. Asked: August 28, 2023In: Crypto & Forex

    Is Cryptocurrency a pyramid scheme

    deucher
    deucher Active Contributor
    Added an answer on April 26, 2024 at 3:00 pm

    I can definitely say that this is not a scam, but if you think in this direction, then any financial market is a pyramid. Even the stock market is also a pyramid, because some buy, some sell, and those who bought earlier will be in profit because they sell at a higher price to someone new. Yes, it iRead more

    I can definitely say that this is not a scam, but if you think in this direction, then any financial market is a pyramid. Even the stock market is also a pyramid, because some buy, some sell, and those who bought earlier will be in profit because they sell at a higher price to someone new. Yes, it is a pyramid, but such a pyramid has no owner, and therefore there will be no shame, and only a global collapse can happen, which will depend on the people themselves

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  3. Asked: August 24, 2023In: Crypto & Forex

    What motivates you to like investing in cryptocurrency?

    deucher
    deucher Active Contributor
    Added an answer on April 26, 2024 at 2:56 pm

    I can definitely understand that the situation on the market can sometimes make you regret that you invested funds, but for me it changed when I decided to exclude altcoins that are not popular from my portfolio. I decided to keep only known assets, so I always have faith that they will grow in pricRead more

    I can definitely understand that the situation on the market can sometimes make you regret that you invested funds, but for me it changed when I decided to exclude altcoins that are not popular from my portfolio. I decided to keep only known assets, so I always have faith that they will grow in price and I will make a profit. Also, the stories of successful investors motivate me to invest in the future because I understand that I can also be in their place

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  4. Asked: April 26, 2024In: Money & Business

    Is Investing In Stock Market a Good Idea?

    deucher
    deucher Active Contributor
    Added an answer on April 26, 2024 at 2:52 pm

    I think that this is a very good option, even for the funds provided for retirement. These funds will definitely not disappear, but there will be a risk that you will not always be left with a profit at the moment when you need these funds. However, if you invest for 10 years, I don't think that theRead more

    I think that this is a very good option, even for the funds provided for retirement. These funds will definitely not disappear, but there will be a risk that you will not always be left with a profit at the moment when you need these funds. However, if you invest for 10 years, I don’t think that the share price in 10 years will be worth the same as it is now. And the main plus is that there is enough liquidity on the market and you can sell shares at any time

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  5. Asked: September 2, 2023In: Crypto & Forex

    Is Crypto a solution for poverty?

    deucher
    deucher Active Contributor
    Added an answer on April 26, 2024 at 2:48 pm

    I don't think this is a solution to poverty, but it definitely provides a lot of opportunities for poorer countries and people. After all, all crypto exchanges work in most countries of the world. There are many opportunities to earn cryptocurrency without using investment funds. In my opinion, thisRead more

    I don’t think this is a solution to poverty, but it definitely provides a lot of opportunities for poorer countries and people. After all, all crypto exchanges work in most countries of the world. There are many opportunities to earn cryptocurrency without using investment funds. In my opinion, this is a great help for such people. Personally, it once helped me to start in this field

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  6. Asked: September 13, 2023In: Crypto & Forex

    Can price of a coin control by someone?

    deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 1:20 pm

    I think that not many coins can be controlled by one person because it is a market and everyone can sell and buy, but someone who has a lot of money can control the price of a small token. For example, Elon Musk did this with Dogecoin, but he did not even invest money, but simply posted a photo of aRead more

    I think that not many coins can be controlled by one person because it is a market and everyone can sell and buy, but someone who has a lot of money can control the price of a small token. For example, Elon Musk did this with Dogecoin, but he did not even invest money, but simply posted a photo of a dog on Twitter, and people immediately began to buy this coin, and I think he then sold small quantities of coins that he bought himself

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  7. Asked: September 12, 2023In: Crypto & Forex

    What if I choose to invest in crypto currency, will I blow?

    deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 1:03 pm

    You should definitely start because it's a fairly easy way to earn even if you don't have much knowledge. Buy Bitcoin and Ethereum and just wait, you don't need to think about various other tokens and just add the amount every month to the already invested funds and then in a few years your investmeRead more

    You should definitely start because it’s a fairly easy way to earn even if you don’t have much knowledge. Buy Bitcoin and Ethereum and just wait, you don’t need to think about various other tokens and just add the amount every month to the already invested funds and then in a few years your investment will grow many times and it’s definitely worth it

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  8. Asked: September 15, 2023In: Money & Business

    Buying home vs renting a home?

    deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 1:00 pm

    In my opinion, buying a house is beneficial because it will only be your property, but now it is a luxury and very few people can afford it. But renting a house is not very profitable, but you pay a lot of money, but such a house will never become yours. In my opinion, the best option would be a leaRead more

    In my opinion, buying a house is beneficial because it will only be your property, but now it is a luxury and very few people can afford it. But renting a house is not very profitable, but you pay a lot of money, but such a house will never become yours. In my opinion, the best option would be a lease with the right of redemption or a mortgage because it would allow you to live in the house and have the right to own it.

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  9. Asked: September 24, 2023In: Money & Business

    How COVID-19 Affected Loan Approvals

    deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 12:57 pm

    It really had an impact during the pandemic because all the banks understood that many people would lose their jobs and they didn't want to risk their own money by lending to anyone. They decided to make the conditions tougher in order to increase the percentage of loan payments. It also affected meRead more

    It really had an impact during the pandemic because all the banks understood that many people would lose their jobs and they didn’t want to risk their own money by lending to anyone. They decided to make the conditions tougher in order to increase the percentage of loan payments. It also affected me because my bank limited the amount for me, although it did not completely ban the loan. But I am glad that I did not need these funds then

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  10. Asked: September 2, 2023In: Crypto & Forex

    What are the cryptos you trust for investment?

    deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 12:52 pm

    I never want to risk my assets for the sake of profit, therefore, first of all, I choose those tokens that have been around for a long time and have been listed on well-known exchanges. Also, the capitalization of the token is very important to me, because I have to be sure that when I go to sell coRead more

    I never want to risk my assets for the sake of profit, therefore, first of all, I choose those tokens that have been around for a long time and have been listed on well-known exchanges. Also, the capitalization of the token is very important to me, because I have to be sure that when I go to sell coins on the network, there will be enough liquidity for this. And the development of the company that owns the token is also equally important to me, because they must do something important in order for the price to grow

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