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which cryptocurrencies to invest $50 in ?
If you are a risk taker invest $50 in meme coins. If you are confused about which meme coin to invest, you can choose between dogecoin, floki inu, shiba inu, pepe, bonk etc. These coins have gone up by hundreds of times in the last few monnths. However, if you want to invest in less risky coin and yRead more
If you are a risk taker invest $50 in meme coins. If you are confused about which meme coin to invest, you can choose between dogecoin, floki inu, shiba inu, pepe, bonk etc. These coins have gone up by hundreds of times in the last few monnths. However, if you want to invest in less risky coin and you do not want to take any risk, try investing in bitcoin or ethereum, or even BNB, solana. By the way the best strategy is to diversify your investment.
See lessThe potential value of a $5,000 crypto investment in 10 years
If you check the historical data of most crypto currency you will find that a lot of crypto coins have managed to grow up by thousands of times. ten years ago, bitcoin was $400 and currency it is $70K. You can calculate the rate of return on bitcoin in ten years. Bitcoin is not along in this case, yRead more
If you check the historical data of most crypto currency you will find that a lot of crypto coins have managed to grow up by thousands of times. ten years ago, bitcoin was $400 and currency it is $70K. You can calculate the rate of return on bitcoin in ten years. Bitcoin is not along in this case, you can check historical price of currencies and you will see how high they have gone. Therefore, $5000 investment can become 5 million in 10 years
See lessShould I put my money into bitcoin instead of gold?
Gold is one of the least risky assets, it is very unlikely that you will make a loss with gold, but bitcoin is risky asset, the price is very volatile. However, if you compare the return on investment from gold investment and bitcoin invetsment, you will find that you will get better returns from biRead more
Gold is one of the least risky assets, it is very unlikely that you will make a loss with gold, but bitcoin is risky asset, the price is very volatile. However, if you compare the return on investment from gold investment and bitcoin invetsment, you will find that you will get better returns from bitcoin investment compared to gold investment. If you are willing to invest for a long term bitcoin will become better
See lessI need help : Can I buy gold with bitcoin?
Gold is number one asset in terms of market cap. Bitcoin is one of the top 10 assets in terms of market cap. Even though value of gold is higher than bitcooin, bitcoin is also an asset that went from zero to $70K just in less than 15 years. Gold has been with us for a couple of thousand years, yet bRead more
Gold is number one asset in terms of market cap. Bitcoin is one of the top 10 assets in terms of market cap. Even though value of gold is higher than bitcooin, bitcoin is also an asset that went from zero to $70K just in less than 15 years. Gold has been with us for a couple of thousand years, yet bitcoin has managed to grow tremendously. Therefore, buying gold with bitcoin is not a good idea because bitcoin can be more profitable
See lessShould I put the majority of my savings into gold?
It is better to save in gold rather than in cash. Fiat money loses value when there is inflation and recession, like wise returns on your saving is not much. Gold has higher returns compared to cash. and if you have gold, you can immediately convert it into cash, whenever you need, either by sellingRead more
It is better to save in gold rather than in cash. Fiat money loses value when there is inflation and recession, like wise returns on your saving is not much. Gold has higher returns compared to cash. and if you have gold, you can immediately convert it into cash, whenever you need, either by selling it or getting a gold loan.But you need to keep your gold in banks for safety because it can be easily stolen if you have in your house.
See lessShould I put all my savings in Bitcoin or other cryptocurrencies?
If you want the safest crypto to invest, try bitcoin. When you invest in bitcoin you do not have to worry about getting scammed or losing money. However, bitcoin is very volatile and the price goes up and down every seconds. Therefore, if you do not have financial capabilities to hold your investmenRead more
If you want the safest crypto to invest, try bitcoin. When you invest in bitcoin you do not have to worry about getting scammed or losing money. However, bitcoin is very volatile and the price goes up and down every seconds. Therefore, if you do not have financial capabilities to hold your investment in bitcoin for a long time, until the bull market returns, you might make a loss. Altcoins can also be profitable though.
See lessWhat is the Importance of Money Parenting for Children?
Can parents teach money management to kids? Will kids be able to learn money management from their parents? Well, the answer depends on a various things. If parents have money management skills and if they kn ow about money management, they can certainly teach their kids but if they have been bad wiRead more
Can parents teach money management to kids? Will kids be able to learn money management from their parents? Well, the answer depends on a various things. If parents have money management skills and if they kn ow about money management, they can certainly teach their kids but if they have been bad with money management, I do not think their kids will believe their parents. UNless kids are willing to learn, it is not possible
See lessHow to know when to sell your cryptocurrencies?
I do long term investment as well as short term investment. I do not sell the crypto assets I am investing for long term even when it reaches all time high price. For example, I am investing in bitcoin for a long term and I did not sell my assets even when the price crossed $70k recently. However, fRead more
I do long term investment as well as short term investment. I do not sell the crypto assets I am investing for long term even when it reaches all time high price. For example, I am investing in bitcoin for a long term and I did not sell my assets even when the price crossed $70k recently. However, for some assets that I am investing for a short term, I try to sell them as soon as they reach their all time high or at least 10 times higher than my buying price.
See lessHow to monitor price fluctuation in your crypto wallet
I have installed coinmarketcap app on my phone and I have enabled notification on the crypto assets I have interest or have invested on. When there is a price fluctuations, either when it goes up or goes down, the app sends me notification and based on the price performance, I decide on buying moreRead more
I have installed coinmarketcap app on my phone and I have enabled notification on the crypto assets I have interest or have invested on. When there is a price fluctuations, either when it goes up or goes down, the app sends me notification and based on the price performance, I decide on buying more or selling my assets. I find price mentioned on coinmarketcap more trust worthy compared to the prices on exchanges.
See lessWhat always make presales a risks part in cryptocurrency?
When you buy crypto during the presale, it means you are buying from stratnger and if the seller cheats on you you have no where to go. Since everything happens online, there is no way you could recover your money. Therefore, if you want to buy something, always buy when the token is listed in majorRead more
When you buy crypto during the presale, it means you are buying from stratnger and if the seller cheats on you you have no where to go. Since everything happens online, there is no way you could recover your money. Therefore, if you want to buy something, always buy when the token is listed in major exchanges. When a token is listed on exchanges, it proves that the token is legit. However, there is no guarantee to this as well.
See less