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Crypto & Forex

Cryptocurrency & Forex trading community for trading and investing in digital assets. Connect with like-minded individuals, stay updated on market trends, and explore new investment opportunities.

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  1. Asked: April 27, 2024In: Crypto & Forex

    How often do you have fomo feelings?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 30, 2024 at 5:38 am

    This is very much real in the trading/investment niche, when an opportunity shows up, everyone will latch onto it and you feel like the world is passing you by if you don't participate, I think the antidote to all of that is to have a long term plan, it will help in keeping you grounded and any thouRead more

    This is very much real in the trading/investment niche, when an opportunity shows up, everyone will latch onto it and you feel like the world is passing you by if you don’t participate, I think the antidote to all of that is to have a long term plan, it will help in keeping you grounded and any thoughts of FOMO will dissipate.

    Also think through your decision don’t jump into an opportunity because everyone is doing it alone, have your own reasons.

     

     

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  2. Asked: April 28, 2024In: Crypto & Forex

    Do you need to risk a small budget?

    Mika
    Mika Expert Mind
    Added an answer on April 29, 2024 at 4:26 am

    Well, you can invest $10 in Bitcoin and Ethereum and it is less likely that you will lose money as these are some of the most secured crypto assets, but how far can you go with $10 investment, I mean how much can you earn? Not very much. But if you invest the same amount on meme coin, you can earn wRead more

    Well, you can invest $10 in Bitcoin and Ethereum and it is less likely that you will lose money as these are some of the most secured crypto assets, but how far can you go with $10 investment, I mean how much can you earn? Not very much. But if you invest the same amount on meme coin, you can earn well. But even when you lose you lose just $10 investment.YOu can take risks with small investment

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  3. Asked: April 28, 2024In: Crypto & Forex

    Is it worth taking a crypto loan?

    Mika
    Mika Expert Mind
    Added an answer on April 29, 2024 at 4:23 am

    If you have crypto assets and if you need money for a short term but do not want to sell your crypto assets, getting a crypto loan can be really good. However, if you want a loan and you might not be able to pay back for a long time, it is better to sell your assets instead of getting a loan and cryRead more

    If you have crypto assets and if you need money for a short term but do not want to sell your crypto assets, getting a crypto loan can be really good. However, if you want a loan and you might not be able to pay back for a long time, it is better to sell your assets instead of getting a loan and crypto loan is not very good option for long term loan

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  4. Asked: April 28, 2024In: Crypto & Forex

    Is there a correlation between the crypto and the stock market?

    Mika
    Mika Expert Mind
    Added an answer on April 29, 2024 at 4:21 am

    I do not see how crypto market co relates to stock market but if you look at the market, you will find that crypto market moves according to stock market, in other words, whenever stock market goes up or goes down, crypto market also goes up or down. I think this has to do more with investors sentimRead more

    I do not see how crypto market co relates to stock market but if you look at the market, you will find that crypto market moves according to stock market, in other words, whenever stock market goes up or goes down, crypto market also goes up or down. I think this has to do more with investors sentiments rather than the market itself. But this is just my assumption

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  5. Asked: April 28, 2024In: Crypto & Forex

    The most undervalued altcoin in your opinion?

    Mika
    Mika Expert Mind
    Added an answer on April 29, 2024 at 4:18 am

    I believe Litecoin and Bitcoin Cash are the most undervalued coin. Litecoin was created 2 years after Bitcoin thus making is one of the oldest coins in the market. It is older than all the coins on the top 15 coins by market cap (excluding Bitcoin) but it ranks only on the 16th spot. Likewise BitcoiRead more

    I believe Litecoin and Bitcoin Cash are the most undervalued coin. Litecoin was created 2 years after Bitcoin thus making is one of the oldest coins in the market. It is older than all the coins on the top 15 coins by market cap (excluding Bitcoin) but it ranks only on the 16th spot. Likewise Bitcoin Cash, a hard fork of bitcoin, is als under valued.

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

    Did government support cryptocurrency?

    deucher
    deucher Active Contributor
    Added an answer on April 28, 2024 at 1:53 pm

    As far as I know, only El Salvador has officially adopted cryptocurrency and other countries, on the contrary, want to block cryptocurrency because they don't like the fact that they can't control it. Cryptocurrency is used for many illegal transactions and from a security point of view it can be beRead more

    As far as I know, only El Salvador has officially adopted cryptocurrency and other countries, on the contrary, want to block cryptocurrency because they don’t like the fact that they can’t control it. Cryptocurrency is used for many illegal transactions and from a security point of view it can be beneficial, but the crypto market can lose a lot of capitalization

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  7. Asked: April 27, 2024In: Crypto & Forex

    Did u pay people to sign up for a project through your ref link?

    raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on April 27, 2024 at 5:38 pm

    No. So far I have not paid anyone any money for joining any payment website or for completing any project or job on any site. It is because since the websites pay very low for member contributions, no one shows interest in joining in any of the paying websites and noone joins too. This is an issue wRead more

    No. So far I have not paid anyone any money for joining any payment website or for completing any project or job on any site. It is because since the websites pay very low for member contributions, no one shows interest in joining in any of the paying websites and noone joins too. This is an issue with all the websites. People have become smart so to say.

     

     

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  8. Asked: September 21, 2023In: Crypto & Forex

    What did you know about crypto mining machine?

    deucher
    deucher Active Contributor
    Added an answer on April 27, 2024 at 4:13 pm

    So I study a lot about it, because I have a goal to invest in such devices in order to earn passively. It is very expensive but so far it is worth it. I'm trying to find the best option in terms of price/quality in order to get a net profit as quickly as possible. I plan to build a large farm out ofRead more

    So I study a lot about it, because I have a goal to invest in such devices in order to earn passively. It is very expensive but so far it is worth it. I’m trying to find the best option in terms of price/quality in order to get a net profit as quickly as possible. I plan to build a large farm out of these machines. In my opinion, this is a pretty good investment because you can always make a profit even if the price of cryptocurrency falls

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  9. Asked: August 22, 2023In: Crypto & Forex

    How to make profits through stable coin investment?

    deucher
    deucher Active Contributor
    Added an answer on April 27, 2024 at 4:09 pm

    Stablecoin is not a cryptocurrency, so if you just invest money in it, you will not earn from the price increase, because the price is tied to the dollar and it does not grow. The best way for me personally is staking because on various exchanges you can find good interest and even up to 30 percentRead more

    Stablecoin is not a cryptocurrency, so if you just invest money in it, you will not earn from the price increase, because the price is tied to the dollar and it does not grow. The best way for me personally is staking because on various exchanges you can find good interest and even up to 30 percent per annum, which will be a very good profit and it is also quite safe

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  10. Asked: August 22, 2023In: Crypto & Forex

    How much money do I need to start mining?

    deucher
    deucher Active Contributor
    Added an answer on April 27, 2024 at 3:37 pm

    This is not just an area for making money, because it differs from simply buying tokens in that it requires a lot of money and a lot of time to control this process. As far as I remember, the cheapest asic costs about 1 thousand dollars. and it is also worth buying additional cooling and possibly aRead more

    This is not just an area for making money, because it differs from simply buying tokens in that it requires a lot of money and a lot of time to control this process. As far as I remember, the cheapest asic costs about 1 thousand dollars. and it is also worth buying additional cooling and possibly a noise-insulating case if you are going to store Asiс in the house and it is very noisy

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