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Crypto & NFTs

Swank.

By Swank.,
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Horgen Proficient

Horgen

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The crypto investments are just temporarily and they're a short breath of air. Most guys want to risk their money for it and I don't personally have anything against it. Just make sure you know the market you want to invest good enough before making any moves that can be fatal.

 

If you want to invest, invest properly - real estate, stakes at companies that have a good portfolio (it's a workload, but it is much more safer).

 

 

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tut Collaborator

tut

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19 hours ago, melt city said:

High-volatility assets soon to be regulated or yeeted by big daddy like in China. As much as I appreciate entrepreneurship, the crypto community is full of scams, pumps and dudebros shilling the autismcoin.

 

 

2 hours ago, Horgen said:

The crypto investments are just temporarily and they're a short breath of air. Most guys want to risk their money for it and I don't personally have anything against it. Just make sure you know the market you want to invest good enough before making any moves that can be fatal.

 

If you want to invest, invest properly - real estate, stakes at companies that have a good portfolio (it's a workload, but it is much more safer).

 

 

 

11 minutes ago, jack said:

too volatile for any continuity throughout the market

 

Crazy how literally no one asked for your opinions, only if there's investors/traders.

 

22 hours ago, Swank. said:

Does LSRP community have any investors or traders? 🤔

Yes.

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FinesseGod Enthusiast

FinesseGod

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2 hours ago, Xivo said:

Heavily invested in NFTs ( ETH, ADA, SOL ). Stepped away from BSC shitcoins for a bit. Still holding a few long term projects. 

Hoping ADA makes it far, heard they recently added smart contracts. Hoping this'll boost my investment by a large margin in the upcoming future.

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Spades Mentor

Spades

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20 minutes ago, Swank. said:

what are you confused about lol

Honestly, just the idea of stocks in general is a confusing concept. Granted; I’ve done minimal research on it😂 but especially when it starts diving down into crypto currency - that’s something that I just can’t wrap my head around. Like why would somebody buy for example Dogecoin? It’s a virtual thing that I don’t need on a day to day basis - right? So why / how did so many people make money off of it? 
 

im noob pls forgive sorry(;

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Swank. Enthusiast

Swank.

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Posted (edited)
2 hours ago, Spades said:

Honestly, just the idea of stocks in general is a confusing concept. Granted; I’ve done minimal research on it😂 but especially when it starts diving down into crypto currency - that’s something that I just can’t wrap my head around. Like why would somebody buy for example Dogecoin? It’s a virtual thing that I don’t need on a day to day basis - right? So why / how did so many people make money off of it? 
 

im noob pls forgive sorry(;

its very simple man, ppl invest cause its possible to make profit off it, atleast if u know what ur doin

take gold for example why would ppl buy and sit on it for years hoping it's price to go up and sell it. now for the same or even better 'reasons' ppl are investing into crypto. crypto currencies are booming mainly because its decentralised money and has various benefits/utility unlike the fiat money controlled by govs. obv there's a lot of factors that come into play but i think the main is always supply and demand. if theres limited supply and greater demand the price will eventually go up - basically what's happening with NFTs which can be bought & sold only with cypto.

yes its a virtual thing but there's def money in it for anybody that knows what they're' doing cause there's unimaginable possibilities but ofc itll have its downsides especially during this period of time when its all still sprouting and developing - shouldnt be too difficult to digest for those who've been around web2 cause its an upgrade to web3 afterall

 

you can talk openly man dw im not an expert either, you should do some research tho its quite interesting

 

 

Edited by Swank.
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𝙎𝙬𝙖𝙣𝙠𝙖𝙫𝙚𝙡𝙞

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