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Mika

Expert Mind
Ask Mika
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776 Questions
Home» Mika»Answers
  • About
  1. Asked: April 26, 2024In: Money & Business

    Is Investing In Stock Market a Good Idea?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:22 am

    If you are not investing in stocks, where do you suppose to invest? Crypto is a lot more riskier than stock market, and to invest in real estate you need a lot of money. Well, mutual funds and ETFs are some of the alternatives to stock market investment but these are also not completely risk free, aRead more

    If you are not investing in stocks, where do you suppose to invest? Crypto is a lot more riskier than stock market, and to invest in real estate you need a lot of money. Well, mutual funds and ETFs are some of the alternatives to stock market investment but these are also not completely risk free, and compared to stock, return is also low. But you need to do research before investing.

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

    What motivates you to like investing in cryptocurrency?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:19 am

    Profitability is the only thing that motivates me to invest in crypto. Bitcoin, the first crypto, was created in 2009. It has been 15 years since it was launched. In 15 years, the price went up from zero to $64K. You can check all other assets and see if anything has gone so high in such a short perRead more

    Profitability is the only thing that motivates me to invest in crypto. Bitcoin, the first crypto, was created in 2009. It has been 15 years since it was launched. In 15 years, the price went up from zero to $64K. You can check all other assets and see if anything has gone so high in such a short period? Not just bitcoin, most crypto assets have been very profitable

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

    Which coin do you think is the best to invest now?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:16 am

    Bitcoin is the best coin to invest. There is no doubt about that. However, Bitcoin is the most expensive coin, currently is is around $64K. If you are paying $64K just to buy one bitcoin, how much do you think you can invest? For most people it is not possible to invest. Therefore you will have to lRead more

    Bitcoin is the best coin to invest. There is no doubt about that. However, Bitcoin is the most expensive coin, currently is is around $64K. If you are paying $64K just to buy one bitcoin, how much do you think you can invest? For most people it is not possible to invest. Therefore you will have to look for alternative coins, commonly called altcoins. You can something like SOL, ETH< BNB, etc.

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  4. Asked: September 1, 2023In: Crypto & Forex

    How to fully securely store crypto?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:14 am

    The best way to secure your crypto asset is by using a hard ware wallet to store your crypto assets. Hardware wallet is a physical device, that works just like a flash storage device. As long as the device is with you, your assets are safe. However, these devices cost money. Another solution is to uRead more

    The best way to secure your crypto asset is by using a hard ware wallet to store your crypto assets. Hardware wallet is a physical device, that works just like a flash storage device. As long as the device is with you, your assets are safe. However, these devices cost money. Another solution is to use a desktop wallet. You can download wallet on your device and then store on the wallet and secure with a key

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  5. Asked: September 14, 2023In: Crypto & Forex

    Is it safe to save money on cryptocurrency exchange?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:11 am

    People have lost money with crypto exchanges, therefore, it cannot be 100 percent safe but if the exchange does not scam you you can use your fiat money to buy crypto and then stake your crypto. You can benefit in two ways, one, when the price goes up you profit, and two, you can earn staking rewardRead more

    People have lost money with crypto exchanges, therefore, it cannot be 100 percent safe but if the exchange does not scam you you can use your fiat money to buy crypto and then stake your crypto. You can benefit in two ways, one, when the price goes up you profit, and two, you can earn staking rewards. If you thing crypto is too risk, you can use stable coins that also allow you to earn interest

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  6. Asked: April 24, 2024In: Money & Business

    How To Build a Business after Retirement?

    Mika
    Mika Expert Mind
    Added an answer on April 27, 2024 at 3:08 am

    How old will you be when you retire? Probably 60 or 65 years, right? IN many countries people retire at the age of 60-65. Do you think someone would be physically capable physically as well as mentally to start a business at this age? Well, KFC was built by an old man but things like this does not hRead more

    How old will you be when you retire? Probably 60 or 65 years, right? IN many countries people retire at the age of 60-65. Do you think someone would be physically capable physically as well as mentally to start a business at this age? Well, KFC was built by an old man but things like this does not happen to everyone. Unless, you retire in your 40s or early 50, it will be impossible to create a successful business

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  7. Asked: April 25, 2024In: Money & Business

    Can You Make Money from ‘poetryfoundation.org’?

    Mika
    Mika Expert Mind
    Added an answer on April 26, 2024 at 5:33 am

    yes, you can make money from this site if you know how to write good poetry. However, you can make money only when your work is accepted and if it is not accepted, you cannot make money. It is not easy to get accepted in a prestigious platform like this one. Most of the time they won't even read youRead more

    yes, you can make money from this site if you know how to write good poetry. However, you can make money only when your work is accepted and if it is not accepted, you cannot make money. It is not easy to get accepted in a prestigious platform like this one. Most of the time they won’t even read your work before sending you a rejection letter because they simply do not have reading time

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  8. Asked: April 25, 2024In: Money & Business

    Can You Make Money from ‘tiktok.com’?

    Mika
    Mika Expert Mind
    Added an answer on April 26, 2024 at 5:31 am

    You can make a lot of money on tiktok if you are a tiktok influencer. As an influencer you can eaisly make $1000-$2000 per brand deals and sponsorships. However, for that to happen, you need hundreds of thousands followers. For most people building that kind of followers is not possible. If you areRead more

    You can make a lot of money on tiktok if you are a tiktok influencer. As an influencer you can eaisly make $1000-$2000 per brand deals and sponsorships. However, for that to happen, you need hundreds of thousands followers. For most people building that kind of followers is not possible. If you are a small content creator, you can enable gift options on your videos and make money when someone sends you gift

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  9. Asked: April 25, 2024In: Money & Business

    Can You Make Money from ‘instagram.com’?

    Mika
    Mika Expert Mind
    Added an answer on April 26, 2024 at 5:28 am

    Instagram allows you to make money through multiple methods, such as selling products and services from your page, affiliate marketing, instagram shop, reels, and influencer marketing. No matter what methods you use to make money, you need a lot of followers, when I say lot I mean thousands of folloRead more

    Instagram allows you to make money through multiple methods, such as selling products and services from your page, affiliate marketing, instagram shop, reels, and influencer marketing. No matter what methods you use to make money, you need a lot of followers, when I say lot I mean thousands of followers possibly 100-200K followers. If you do not have a lot of followers you cannot make money on instagram

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  10. Asked: April 25, 2024In: Money & Business

    Can You Make Money from ‘amazon.com’?

    Mika
    Mika Expert Mind
    Added an answer on April 26, 2024 at 5:25 am

    There are various methods to make money from Amazon but some of these methods are not available world wide where as some of the methods are available world wide. For instance, you can use KDP program to make money form any parts of the globe, where as FBA is not globally available. mTurk is not globRead more

    There are various methods to make money from Amazon but some of these methods are not available world wide where as some of the methods are available world wide. For instance, you can use KDP program to make money form any parts of the globe, where as FBA is not globally available. mTurk is not globally available, but Merch by Amazon is. You need to identify the right method, a method that works for you.

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