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Topic: No where is actually safe - page 5. (Read 1177 times)

legendary
Activity: 2828
Merit: 1515
December 09, 2021, 03:35:29 PM
If people were looking at something safe I am pretty sure they wouldn't put all of their money into some "code". I know that there is much more to bitcoin and all of crypto then just being a code, but the reality is that we are literally talking about trusting more to Satoshi's code then we trust government backed banks. That should tell you enough about how little we trust banks, the whole reason why bitcoin even has any value is because banks and fiat monetary world we live in is discouraging for people who are not wealthy already.

Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.

The faith in banking systems only exists because of the illusion that government can provide the best financial security to its citizens. It's an appeasing illusion, because any financial troubles can then be blamed on a 3rd party instead of the individual holding the funds. I'd argue Satoshi's code isn't merely an arbitrary string of numbers but an entire philosophy of decentralization. People trust banks a lot, and will do so for a long time until they're forced to recognize that the government does not have any single individual in its best interest.
full member
Activity: 1358
Merit: 207
Catalog Websites
December 09, 2021, 01:36:37 PM
You mean the market is not safe to make money? Market is very safe to make money for this December . Despite the decreased of bitcoin price that occurred few weeks ago that is making people to feel there is no way anyone can make profit in the market before the end of this month. Many bitcoin investors are still making money from their investment but the profit is too small compared to the last two pumping.
There is a little economy shaking few months ago because of  the pandemic that made many citizens to remain at home because of the covid-19 virus that was spreading all over the country. Now people are very safe but the economy is not too safe for the citizens to earn well because of the challenges that occurred during the pandemic.
hero member
Activity: 2814
Merit: 576
December 09, 2021, 01:11:30 PM
Investment and doing business is completely different and it requires different skills and knowledge to become successful in it, investment is relatively easy to make money but they need to pour lot of money to make some money but for business you can even start with zero and turn them into billion dollar company.
Either way, both still includes risk. And there will always be losing, while the other is winning and gaining profits. But somehow, we all wish to end up making profits and be successful in what we chose.

However, with crypto, i believe there is higher risk and with higher profits to make compared to other kinds of investments. But this won't make crypto a safe haven, because as long as there are risks in it, there is no guarantee that you will always be profitable. This is the reason why many have decided to enter crypto but only few have succeeded.
hero member
Activity: 2856
Merit: 667
December 09, 2021, 12:46:33 PM
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses

You are all right. If cryptocurrencies were the best place to make money, then many would already be rich, but this is not and will not be. Why? It's that simple! Money does not come from emptiness, if somewhere money came, then in another place it left. In other words, if you could make money, then someone lost that money. This applies primarily to any business or trade. Therefore, there is no need to build illusions about making money on cryptocurrencies. At one time, I wanted to help my acquaintances start making money on cryptocurrencies and wanted to share my experience with them, but after they found out that they needed to make a lot of efforts for this, they immediately refused to study. So cryptocurrencies, like other types of business, are not for everyone, and they cannot be a solution to financial problems for everyone.
There are always risk in all types of business, and definitely crypto has a high risk. Yes, there might be bigger opportunities in crypto that will change your life but that will not happen easily, as no one gets there overnight. Everything is done with hardwork and patience.

However, if you enter crypto without enough knowledge and preparation, you will never still be successful and profitable. So same with other types of business, crypto has even more chances of losing if you are not smart enough. But if you come with proper knowledge and determination. i would say the rewards are all worth the risk and preparation.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 09, 2021, 08:12:43 AM
It is like everything will always have two sides:
Bad and good things
That is how life goes , there is good and bad, there is life and death and there is beauty and beast.

In this market we must understand that we are only gaining instead we can also Lose.

Quote
And everything or everywhere wil also require risks. Even it is only a very simple jib, it will always include risks. However the risks will be different.
Higher risks commminky will also offer higher benefits. But it may not impelement in all parties.
Btw, just do whatever we can and we want so that we don't force ourself to the risks that we cannot afford or cannot do it
and invest what we can afford to risk , and never put your money in single place instead diversify for more safer investing .
full member
Activity: 1946
Merit: 112
December 09, 2021, 07:24:41 AM
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses

You are all right. If cryptocurrencies were the best place to make money, then many would already be rich, but this is not and will not be. Why? It's that simple! Money does not come from emptiness, if somewhere money came, then in another place it left. In other words, if you could make money, then someone lost that money. This applies primarily to any business or trade. Therefore, there is no need to build illusions about making money on cryptocurrencies. At one time, I wanted to help my acquaintances start making money on cryptocurrencies and wanted to share my experience with them, but after they found out that they needed to make a lot of efforts for this, they immediately refused to study. So cryptocurrencies, like other types of business, are not for everyone, and they cannot be a solution to financial problems for everyone.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 09, 2021, 06:30:51 AM
Investment and doing business is completely different and it requires different skills and knowledge to become successful in it, investment is relatively easy to make money but they need to pour lot of money to make some money but for business you can even start with zero and turn them into billion dollar company.
sr. member
Activity: 938
Merit: 250
December 09, 2021, 12:39:46 AM
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
formal knowledge got when you try something new, and most of us know bitcoin from experiencing good and bad thing.
its not easy like play easy game, every investment need strong thought, to surf deeper, to take big profit. and easy investment is just following third party that just give you clean profit every week/month. no need to think about what to do, just prepare you funds.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
December 08, 2021, 06:57:47 PM
It is like everything will always have two sides:
Bad and good things
And everything or everywhere wil also require risks. Even it is only a very simple jib, it will always include risks. However the risks will be different.
Higher risks commminky will also offer higher benefits. But it may not impelement in all parties.
Btw, just do whatever we can and we want so that we don't force ourself to the risks that we cannot afford or cannot do it
full member
Activity: 1568
Merit: 100
COMBONetwork
December 08, 2021, 05:22:42 PM
This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.
Whatever it is, I don't think anyone offers a 100% safe place to invest,
the risk will always exist and that is why we must be careful and always check and also secure,
Hacking is everywhere and indeed it is a global problem

Agree that there is no such thing as a risk-free investment; any investment involves risk, but the investor's ability to manage it varies. how he can avoid it and how willing he is to risk it. You cannot succeed if you do not take risks, so we should take precautions and conduct our own research to mitigate the risk or determine how to minimize it. Since hacking occurs everywhere, we should be more cautious than ever before; there are a lot of great of tips online on how to keep your wallet secure.
That's how investing is and it all comes back to each other's decisions whether to take a risk or avoid it,
taking risks is not a bad thing and vice versa too,
talking about the hack is still a troubling thing and we can't deny that it will keep happening from time to time
hero member
Activity: 2366
Merit: 594
December 08, 2021, 12:41:36 PM
This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.
Whatever it is, I don't think anyone offers a 100% safe place to invest,
the risk will always exist and that is why we must be careful and always check and also secure,
Hacking is everywhere and indeed it is a global problem

Agree that there is no such thing as a risk-free investment; any investment involves risk, but the investor's ability to manage it varies. how he can avoid it and how willing he is to risk it. You cannot succeed if you do not take risks, so we should take precautions and conduct our own research to mitigate the risk or determine how to minimize it. Since hacking occurs everywhere, we should be more cautious than ever before; there are a lot of great of tips online on how to keep your wallet secure.
newbie
Activity: 98
Merit: 0
December 08, 2021, 10:10:52 AM
did you think many people around the world believe in investments most of them join and just see that its benefits are enough, but they don't even know the risks that will result and they just imitate the people who are already successful  experience, have neat stories.  and yet even if they don’t know that you should really be alert to investing when you enter an investment and don’t have enough knowledge, there is also a way that you will fall short things like this need to be taken care of because the risk is just there along with  us, because only then do they realize that investing in crypto is not as easy and fast as they thought.  must find out before you join and accept whether to win or lose.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
December 08, 2021, 05:19:48 AM

It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.

But I guess some of us here are already formulated their best strategy how to approach on a volatile market of crypto but I bet that none of them never experienced to get what they always wanted and that's winning always in trading. Cryptocurrency is worth to invest with provided that you have the idea how to invest in it, I would also going to agree with the fact that crypto is not the safe haven especially if having the option of leaving a regular job and be full time in crypto.

If you mean trading crypto, then that's the worst thing one can do, imo. Being a developer or cypto journalist is another thing. Those are great jobs, and you can go full time on them. But the funny part is that you need skills, good skills, to to find a decent crypto related job, and not many people have those skills, while almost anyone thinks he can be a good trader.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
December 06, 2021, 02:48:32 PM
It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.
But I guess some of us here are already formulated their best strategy how to approach on a volatile market of crypto but I bet that none of them never experienced to get what they always wanted and that's winning always in trading. Cryptocurrency is worth to invest with provided that you have the idea how to invest in it, I would also going to agree with the fact that crypto is not the safe haven especially if having the option of leaving a regular job and be full time in crypto.
It is obvious that we are going to lose some money at certain times, there is no way to avoid that at all. However we are smart enough then we are going to end up with something profitable in the "long run" and that is what matters. This is why I believe that we should be able to lose some money here and there and not be worried about it. It just happens, there is nothing wrong with that, you could even get scammed and lose a chunk of money as well at times because in crypto that really happens.

The problem here is that people ignoring the fact that we are talking about years and years of doing this, why not focus on that? If you focus on 5 year plan, or even a 10 year plan, then you will realize that all those small loses, or even big losses will end up being not so important at all and you will be able to profit from them anytime you want.
hero member
Activity: 2170
Merit: 530
December 06, 2021, 08:43:33 AM

It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.

But I guess some of us here are already formulated their best strategy how to approach on a volatile market of crypto but I bet that none of them never experienced to get what they always wanted and that's winning always in trading. Cryptocurrency is worth to invest with provided that you have the idea how to invest in it, I would also going to agree with the fact that crypto is not the safe haven especially if having the option of leaving a regular job and be full time in crypto.
full member
Activity: 1568
Merit: 100
COMBONetwork
December 06, 2021, 08:29:53 AM
#99
prices and projects in crypto there are still many risks that need to be considered and every job is risky but real work/manual business is more comfortable when it's going well even though it doesn't promise doubled profits as we know joining the crypto world is not only luck and knowledge ,but the spiritual/state of mind  must be strong
Indeed, joining crypto whether it's trading or investing we have to really prepare everything,
without any preparation we will easily lose money because the risk is big,
the two most important things in my opinion are knowledge and skills
full member
Activity: 616
Merit: 100
gik nyareh proyek seteppak pas sepak
December 06, 2021, 08:17:23 AM
#98
prices and projects in crypto there are still many risks that need to be considered and every job is risky but real work/manual business is more comfortable when it's going well even though it doesn't promise doubled profits as we know joining the crypto world is not only luck and knowledge ,but the spiritual/state of mind  must be strong
hero member
Activity: 1974
Merit: 534
December 06, 2021, 06:52:23 AM
#97
I fully agree with you that crypto currencies are not 100% save, there is always some risk involved. But so are all the potential investments. If some offers you a 100% save stock deal than he is lying. We can't predict the future with absolute certainty. Even the savest money at the bank can be lost if the bank goes bankrupt. We have seen it in the past with Lehman brothers. The same goes for government debt. It may look very save on paper, but even countries can go bankrupt. With crypto currencies we get at least rewarded for our risks.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
December 06, 2021, 05:44:46 AM
#96
I can say nobody can actually graduate from the institute of cryptocurrency trading. Every season needs its peculiar strategy. It is better to be involved in both other normal business and cryptocurrency trading. Getting rich in cryptocurrency trading needs the right strategy.

It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.
member
Activity: 2044
Merit: 16
December 06, 2021, 01:07:00 AM
#95
Crypto is dangerous place for people only wanted to have a fast return of investments and it is not really to those people are impatient wherein market is very volatile that anytime it will lose you money or make profit instead. As always in crypto, we only invest what we can afford to lose.
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