Everything you ever wanted to know about Crypto, NFT, P2E Gaming, Online Money Making, and much, much more you will find here at this Blog

Showing posts with label Crypto stories. Show all posts
Showing posts with label Crypto stories. Show all posts

Saturday, January 13, 2024

When to Buy Crypto and When to Sell, My System and Opinion Part Two

If you want to profit in the crypto market, the most important thing to learn is when to buy and when to sell. In this text, you’ll find some help on that

An old man with a gray beard, a Bitcoin trader is sitting at the desk full of Bitcoins

Second Part of the Article

Introduction

Greetings, dear readers and loyal followers!

As promised, here’s the second part of the article where we’ll delve into a topic as important as the first part. Specifically, when to sell your crypto and, more importantly, when to cash in your profits and withdraw money from exchanges.

Someone who is new to the crypto world or not involved in it might say, “What’s there to talk about? Once you’ve earned enough, cash in your profits, and that’s it.” However, it’s not as simple as it seems.

The first question arises when is the profit sufficient, and when is a person satisfied with their earnings to decide to convert crypto to fiat, feeling completely content.

The profit threshold that triggers a sense of satisfaction is not the same for everyone and is highly relative. What seems like a considerable amount to someone could be petty cash to another, and vice versa.

It also depends on the individual; someone wealthy might be frugal, while someone with a modest income might be generous, making even a million-dollar profit seem insignificant because they spend it quickly.

As mentioned, these matters are highly relative and individual, varying from person to person.

How to Determine the Satisfaction Threshold and When to Cash Out Profits?

In my opinion, everyone should set this threshold for themselves. To help you with that decision, I’ll share some of my personal tricks and advice that I use.

My Tricks and Treats

I hope my tricks and advice will be helpful, making you successful crypto investors. Although what I’ve shared may seem highly relative and intangible, there are still rules and guidelines that, if followed, can lead you toward gains.

Everything I’m about to tell you represents my personal views and is not financial or crypto advice. I’m not a financial advisor but a writer who loves to “share wise advice” and a small crypto investor, not someone with billions obtained by a lucky bet on a “Meme Coin,” pretending to be important, giving advice on investments!

The Adventure Begins

Let’s embark on a new adventure and imagine that we’ve invested in Bitcoin or another crypto and that crypto has started to rise significantly. We decide it’s time to withdraw our earnings.

The first thing I would do here is check the direction of the market, whether it’s in a bear or bull market. Why would I do that, you ask?

https://cryptonftworlds.blogspot.com/2022/12/bear-bull-and-crypto-winter-where-do.html

Because if the market is bearish, and your crypto has surged, my opinion is that it will soon and sharply decline. If it’s a bull market, there’s a good chance it will continue to rise throughout the bull market. What to do then?

If you’re not a Hodler and frequently buy and sell crypto, it’s good to cash out during a bear market and be patient during a bull market. The profit can double or even go 3X, 5X, or 10X in a few days. If you’re a Hodler, the word itself tells you what to do next!

Limits and Borders, Not Those National Ones

My second trick is to determine priorities and sums that are sufficient for me and with which I would be satisfied.

So, let me explain. Suppose I’ve invested in Bitcoin during a bull market, as I’m a Hodler and don’t touch BTC in a bear market. BTC starts to rise dangerously, and it’s expected to reach $100K.

I set upper and lower limits for profit with which I would be satisfied and remain well in the positive. In this case, the upper limit is the maximum growth expected for BTC, $100K, and the lower limit is a sum with which I would be content and stay in the positive if BTC doesn’t reach the upper limit of $100K but starts falling due to the end of the bull market.

For example, if BTC hits $98,485.33 and starts falling due to the end of the bull market, and I set the lower limit for withdrawal at $85K if it doesn’t soar again and hit $100K but continues to fall, I must definitely cash out at $85K, and that’s it.

If you use this method of mine, the most crucial thing is not to move the lower limit when the market falls. If you start moving it, in the end, you’ll end up in the negative, for sure!

https://cryptonftworlds.blogspot.com/2024/01/when-to-buy-crypto-and-when-to-sell-my.html

The upper limit can be EXTREMELY adjusted if the market dictates it. If BTC rapidly surpasses expectations, for example, reaching $200K instead of the expected $100K, the upper and lower limits can be adjusted. In this case, the new limits would be:

  • Upper limit: $200K
  • Lower limit: $185K

Such extreme cases are very rare but entirely possible in the crypto world, so be prepared for anything and have answers to all new circumstances ready. In the crypto world, expect the unexpected!

Still, it would be best not to touch these limits, as they are called limits, to reap the profit you predetermined and are satisfied with. But everyone does what they want, as this is a free market and a free country.

Profits Payout and Conclusion

Now that we’ve earned a substantial amount, it’s time to cash it out! The crypto you’ve gained can be cashed out in various ways. You can exchange it for fiat money and withdraw it to your bank account, convert it into stablecoins like USDT or USDC to reinvest later, or exchange it for fiat. You can turn it into BTC or ETH and hold, stake, lend it, or leave it in the crypto you prefer and withdraw it from the exchange to your cold or hot wallet.


https://cryptonftworlds.blogspot.com/2023/09/how-to-safeguard-your-crypto.html

The choice is yours, dear crypto investors, and only you can decide best what to do with your earnings.

My choice would be to cash out a portion into fiat and reinvest a portion in Bitcoin. But that’s just me and my choice, and I don’t want to force anyone into it. The most important thing is to have funds, and how each person decides to manage them is entirely up to them.

Beautiful worries come when you’re concerned about where to stash your earnings, and I wish you all many such concerns and good luck in investing!

You can read this article and much more about crypto on Medium, Publish0x, or Substack:

https://medium.com/@neo250477

https://www.publish0x.com/world-of-cats-dogs

https://neo77.substack.com/

If you want to support my work buy me a coffee for $1.



ko-fi.com/neo77

Greetings and until my next article!

Neo77




Wednesday, January 10, 2024

When to Buy Crypto and When to Sell, My System and Opinion

If you want to profit in the crypto market, the most important thing to learn is when to buy and when to sell. In this text, you’ll find some help on that.

A man in the armor is sitting at the table full of Bitcoins


This is the part one of the article!

Introduction

Greetings, dear readers and loyal followers! I’m back! As our good old Arnold would say! I’ve been away for a while and haven’t written anything new because of the Christmas and New Year holidays. Just like everyone else, we writers deserve a break during the holidays, but that time has passed, so now we can get back to our routine and start writing again.

The topic of today’s article is hinted at in the title, but I haven’t fully explained what I mean. So let’s start slowly and get into the writing. Many people who haven’t encountered crypto or any form of investment think that the answer to the question in the title is entirely easy and simple — buy crypto when it’s very, very cheap and sell it when it’s very, very expensive and worth a lot! Is it all that simple, or not? Let’s try to find out together in the following lines of this article. Let’s start with buying cryptocurrencies first, then we’ll address selling.

So, when is the real right time to buy crypto, and what’s the right price at which someone should buy it? The simplest answer to this question is to buy crypto during a Bear market and buy it when it hits rock bottom. But where is that bottom, and how can we be sure that we bought it cheaply? The answer to this question is not easy because crypto is highly volatile. What’s the bottom today might be the peak of growth in a few months or even days.

If you’re already a crypto expert, you surely know what I’m talking about. But for those less familiar, let’s explain this thesis with a simple example.

Bitcoin Example

Let’s say we’re monitoring the price movement of Bitcoin or any other currency, but for simplicity’s sake, let it be Bitcoin because it’s the most famous. We’ve decided to invest specifically in Bitcoin and look for a favorable moment. For the sake of this example, let the price of Bitcoin now be $23,000, and let the Bear market still be ongoing. We bought 0.1 BTC at this price, and it cost us $2,300.

If the market starts moving favorably or, as they say, “goes green,” and the price of Bitcoin starts rising, we’ll be in profit, and we’ll start making money. We’ll surely be happy with our decision. If the price of Bitcoin starts falling and “goes red,” we’ll start losing money and be dissatisfied. If the price continues to drop significantly and for a long time, let’s say it reaches a price of $15,000, we’ll be in big trouble and lose a good portion of our money.

Now, let’s explain the thesis from the earlier part of the text!

If someone else (anyone) buys Bitcoin at this price of $15,000, also 0.1 BTC or an investment of $1,500, and if the price starts to rise and keeps increasing every day, reaching $23,000, then this other buyer will be in a good profit, and maybe it’ll be the peak for them. But for us, who bought it at $23,000, it means just breaking even and that we need to make a profit now. As we see, what means profit to one person can be a loss or just breaking even to another.

So, as we’ve seen from this example, the concept of bottom is highly relative, and it’s difficult to determine. Until it’s dark for someone, it can’t dawn for another!

So, how should you act on the market, and where, when, and in what to invest, you’re probably wondering now?

Well, there are no easy answers to this question, but I’ll try to help you make difficult decisions with my example.

https://cryptonftworlds.blogspot.com/2023/12/how-i-earned-137-in-crypto-completely.html

Option One for Hodlers

The best time to invest is indeed during the Bear market, but then you must be prepared for a potentially long wait to realize your investment. You also need to invest in those cryptocurrencies that are somewhat “safe,” like Bitcoin or Ethereum. They have proven themselves over the years in multiple Bear and Bull cycles because investing in “unsafe” ones like “Meme Coins” can be fatal, and you can lose all your money.

If you’ve chosen this option, be sure that it’ll take several months or even years until your investment starts returning, and the dollars start filling your pockets.

My investments from 2021 have only now started giving returns, just so you know. So, I’ve waited a long time, but I think it was worth it, and my moment to fill my pockets with dollars is just around the corner.


https://cryptonftworlds.blogspot.com/2023/11/my-crypto-investments-for-upcoming-bull.html

Option Two for Quick Earnings

If you’re not the type of investor who likes to wait for a long time, then the second option is for you, where the investment returns can be smaller, but they’re certainly much, much faster.

So, you should wait for the Bull market to kick in and for all crypto to “go green.” Then, your choice is quite easy, and almost everything you invest in will return your investment and even reward you. But here, it’s harder to achieve profits like 5x, 10x, or 15x because most cryptocurrencies have already experienced at least a part of their growth, and some have done half or more. Here, you might come across real gems, but only if you’ve done good research or if you’re really lucky.

You might choose a crypto that has already grown by 5x, but it’s expecting a real rally and then it adds another 15x or 25x, although such situations are rare, like winning a lottery, but not impossible.

My experiences with these situations were in the previous Bull market with SHIBA INU, where I earned 10x because I bought at the right time, just before the rise. And now, in this Bull market, where I hope for something similar to the crypto I recently bought.

https://cryptonftworlds.blogspot.com/2023/12/bulls-charging-again.html

So, my advice to all of you would be to invest in “safe” cryptocurrencies like Bitcoin and Ethereum while we’re deep into the Bear market and then Hodl, and in ALTs only when the Bull starts and after good research and a lot of analysis.

Option Three for Traders

Of course, there’s also a third option, which is trading. With it, you can earn in both Bear and Bull markets, but it’s not for everyone, and losses as well as gains can be enormous, but also fatal, and you might lose your hard-earned money.

https://cryptonftworlds.blogspot.com/2023/10/crypto-trading-unveiled-more-exciting.html

Remember that nearly 80% of small investors lose everything in trading, and this statistic is well-tested and proven, so use your brain and make wise decisions!

This was the first part of my article, and you can expect a continuation soon. Please remember that I’m not a professional financial advisor, and everything in this article is my personal views and thoughts. So, please use your own brain, do your research (DYOR), and think really hard before any investment!

You can read this article and much more about crypto on Medium, Publish0x, or Substack:

https://medium.com/@neo250477

https://www.publish0x.com/world-of-cats-dogs

https://neo77.substack.com/

If you want to support my work buy me a coffee for $1.

ko-fi.com/neo77

ko-fi.com/neo77

Greetings, and until my next article!

Neo77



Tuesday, December 12, 2023

How I Earned $137 in Crypto, Completely Free and Without Investing!!!

Today You Will Learn How To Earn Free Crypto: A Guide to Earning $137 Without Investment!

A man floating in the air with open hands to the sky and crypto falling from the sky is in the picture

How to Earn Cryptocurrency for Free

Hello, dear readers and loyal followers!

Indeed, how did I earn $137 without any investment? You’re surely wondering if it’s true. Yes, it’s possible and quite easy, but not as quick as various online gurus or influencers promise! Most people want to earn quickly, easily, without investment, and preferably passively while sleeping. But such a method of earning is a myth circulating on the internet, peddled by influencers or their ilk, in exchange for clicks, likes, or your money.

https://cryptonftworlds.blogspot.com/2023/10/influence-or-not-to-influence-that-is.html

The Universe Of False Promises

Surely, you’ve stumbled upon numerous ads, videos, blog articles, or similar content trying to sell you something cheaply — a form of passive income without effort, promising to make you rich quickly. If they didn’t ask for money, they surely collected likes, clicks, and other requirements that have become essential on the internet to gain viewership, readership, and, ultimately, monetization.

The Holly Grail of Social Media

All social media platforms offer some form of monetization. However, reaching that stage requires a specific number of followers, clicks, and likes, and anyone attempting this must resort to all possible means to cross the threshold for desired monetization, even if these means are sometimes disallowed.

Monetization has become the Holy Grail of social media, and many spare no effort to achieve it and cash in on their online presence.

Everyone is doing it today, including the author of this article. However, with one small difference: I genuinely strive not to employ dirty or disallowed methods. I value honest work and effort, guiding my blog and other online endeavors accordingly.

I won’t brag here or try to present myself in my best light to convince you of anything. I just wanted to highlight that monetization, in general, isn’t a bad thing, but many resort to dubious means to achieve it.

As lies and deceit usually have short legs, all these manipulations are eventually uncovered. Those aiming for unparalleled heights often plummet into obscurity, losing all their followers gathered over the years.

No Pain, No Gain

No profit in this world can be gained without investment, be it time, money, effort, or anything else. Something has to be invested to gain something in return.

Now, it all depends on what you, dear readers, are willing to invest to gain something in return!

Today, I’ll offer you a straightforward method through which I earned the aforementioned $137. It involves Coinbase, a platform you’ve probably heard of. If not, you can quickly find it using this link.

With this method, I won’t ask you to invest a single cent. It’s not about investing money, trading, staking, lending, or any other form of crypto investment that requires your money.

https://cryptonftworlds.blogspot.com/2023/11/the-guide-to-free-crypto-effortlessly.html

I’ll only ask for your time, patience, knowledge, and memory! Are you ready to invest that to earn money? So, once again, I’ll emphasize that I won’t ask for any money or cryptocurrency investment from you!

Yes, I’ll only require your knowledge and your ability to learn and remember, as well as patience and your time. It’s a very simple method that many underestimate and forget, but it’s proven to be profitable.

Coinbase’s Learn and Earn: Your Gateway to Earning Crypto Rewards



It’s Coinbase’s Learn and Earn program and a recent feature within their wallet called Quests that offers various tasks in exchange for crypto.

What exactly this entails and what it’s about will be revealed in the next text!

The Coinbase Learn and Earn program is one of the most renowned programs in the crypto world. It’s also one of the simplest and most rewarding for users with minimal effort.

What you’ll need:

  • An account on the Coinbase platform
  • Completing the KYC process
  • No money is required
  • Time and willingness to learn
  • A good memory
  • A lot of patience
  • Desire and willingness to complete this

If you have everything mentioned above, then you’re the right person for this program, and now you can get to work. Create an account, complete KYC, and then find the Learn and Earn section. If Coinbase is offering, you’ll find a quiz consisting of a few short sentences about a particular cryptocurrency, giving you compensation of $3, $4, or $5.

What you should do is read and remember the brief content about that cryptocurrency, then answer three questions about that crypto. If all three of your answers are correct, congratulations, you’ve become the proud owner of that crypto!

In case some or all of your answers are incorrect, don’t worry; you have countless attempts, and you’ll surely get the crypto, even after 20 attempts!

Once you’ve mastered this “complicated” process, your task is to solve as many quizzes as possible and collect as much crypto, i.e., money. I must mention one thing: during this long bear market or crypto winter, there have been very few quizzes, and it’s been a long time since I solved one. However, don’t worry; as things are shaping up now, and the market is recovering, I’m confident quizzes will arrive soon.

https://cryptonftworlds.blogspot.com/2022/12/bear-bull-and-crypto-winter-where-do.html

You’re probably wondering how to reach the $137 mentioned in the title through quizzes that are worth $4 or $5, but we’ll get to that later.

Quest And Earn


                        

Let’s move on to the second part of the story — quests within the Coinbase digital wallet. Recently, Coinbase launched its new program, which I’d call Quest and Earn, although it’s not officially named that way, offering crypto to users for specific quests.

To earn money here, you need:

  • An account on the Coinbase platform
  • KYC completion
  • Install the Coinbase mobile wallet on your smartphone
  • A small amount of Ethereum or other crypto for gas fees
  • Complete quests

If you’re ready to do all this, let’s embark on new victories and crypto hauls!

Find the section within your Coinbase wallet related to quests, located under the Browser icon. When you click on Browser, a new quest will be at the top of your phone screen. Now, choose a quest that interests you, follow the instructions, complete it, and get your crypto.

These quests usually require you to learn something and perform a specific transaction from your Coinbase account on the exchange to your Coinbase digital wallet. Typically, it involves transferring or swapping crypto and depositing it into your wallet.

You’ll have to pay all gas fees yourself, but they’re small amounts, and you can use the crypto earned from the quizzes mentioned earlier. For fees, you usually need Ethereum, Optimism, or another crypto required by the quest. You can exchange one crypto for another as per the quest’s requirement.

Unlike previous quizzes, these quests reward you much more generously. Some rewards for completing quests amount to $21, giving you an excellent opportunity to collect a decent amount of money in crypto.

Again, there’s no investment required, just specific skills in executing transactions on the blockchain!

Hold On for Dear Life

So, we’ve covered both methods through which you can earn free crypto without investment. But, as you’ve surely noticed, it’s not easy to reach the $137 mark. So how do you achieve it?

The secret lies in what I mentioned at the beginning: time! So, if you accumulate a nice sum of, say, $50–60, all you need to do is HODL and not spend or exchange your crypto until a Bull Run arrives. When you reach a certain amount that could satisfy you, convert your crypto into fiat or Bitcoin or Ethereum or do whatever you wish with it.

If you solve a lot of quizzes and quests, you’ll have many different cryptocurrencies. My advice would be to reduce your portfolio, and most of the crypto that isn’t useful or interesting to you, and convert it into Bitcoin or Ethereum. My portfolio now is 90% Bitcoin and 10% ALTs.

https://cryptonftworlds.blogspot.com/2023/11/my-crypto-investments-for-upcoming-bull.html

Conclusion Or What Is The Takeaway

Here on Coinbase, I started from scratch without investing a single cent, and now I’ve reached $137! When the value of my portfolio reaches the figure I set, I’ll convert some money into fiat and leave some in Bitcoin.

You don’t have to follow my advice and do everything I did because these aren’t investment or crypto advice. It’s my stance and my personal experience that I’m sharing with you through my blog. It’s up to you to make your own decisions and conduct your DYOR!

We’ve slowly reached the end of this article. I hope it was interesting and informative for you, and I wish you the best of luck in solving these tasks and earning a lot of money.

You can read this article and much more about crypto on the Medium or Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77


Ledger Nano X Crypto Hardware Wallet- Bluetooth -

Ledger Nano X Crypto Hardware Wallet- Bluetooth -
The Best Way to securely Buy, Manage and Grow All Your Digital Assets

Contact Form

Name

Email *

Message *

Powered by Blogger.

Logo

Logo

Tangem Crypto Wallet

Tangem Crypto Wallet
Keep Your Crypto Safe! The Best There Is In Crypto Security

ELLIPAL Titan 2.0 Crypto Cold Wallet, Hardware Wallet, 100% Offline

ELLIPAL Titan 2.0 Crypto Cold Wallet, Hardware Wallet, 100% Offline
Air-gapped - The Most Secure Crypto Wallet for 10000+ Coins & Tokens & NFTs

Popular Posts

Search This Blog