victorcordeiroi661 - Tumblr blog

victorcordeiroi661 · 2 years

Text

Best chance to get into cryptocurrency

Since June, Bitcoin has ushered in a sharp rebound of 40% after falling sharply, and Ethereum has risen by 100%, making the currency circle that has been bored for a long time seem to be in a rainy season. However, this rebound did not last long. With the hawkish cry of Fed Chairman Jerome Powell to raise interest rates firmly to fight inflation last Friday, the cryptocurrency was hit hard again, and Bitcoin fell by more than 8%. Straight through the $20,000 warning line.

With the global economy in such a dire situation, the industry believes that the price of the S&P 500 will return to the low point in June. On a pessimistic point of view, Bitcoin may even hit an annual low of about $17,500-18,000. Bloomberg Intelligence senior commodities strategist Mike McGlone said in a recent interview that once the bear market in risk assets subsides and valuations pick up again, cryptocurrencies will outperform all other asset classes, especially Bitcoin is expected to even reach 10 by 2025. million dollar peak.

Mike McGlone is not blindly optimistic, he said: "The big reversal is just beginning. It may be like the aftermath of 1929 (the stock market crash), I think it will be like the aftermath of 2008, it may be like the aftermath of the 1987 market crash. Late. The biggest 40-year inflation in most people’s lifetimes is just getting started.” But behind any crisis there is a turnaround, and Mike McGlone believes that once this period is over, Bitcoin will be like gold, U.S. Like bonds, become one of the best assets on the planet.

Analysts at major financial institutions believe that Bitcoin is bullish in the long-term.

Market volatility is so drastic, long and short views change day by day, investors may be dizzy just chasing the opinions of various experts every day. If there is a tool that allows you to enter the bottom of the cryptocurrency market to buy the bottom, when the price of the currency falls, you can buy it at the price you want to buy; if the price of the currency is not deep enough to buy the currency, it will give you 15% Is the interest of the above annualized remuneration a great boon for novice investors in the currency circle?

The world's top cryptocurrency exchange, BIBOX, has recently launched such a tool: "One-click bargain hunting", which allows investors to set a bargain-hunting price. If the spot price on the settlement day is lower than the bottom-hunting price you set, the You can buy at the set bargain-hunting price. If the spot price on the settlement day is higher than the bargain-hunting price, you can keep the investment amount and earn interest.

The design principle of one-click bargain hunting is dual currency investment (DCI) derived from foreign exchange, and profit is made through changes in exchange rates and different settlement currencies. Like all investment products, Dipper Treasure also has certain restrictions. For example, when the market price is lower than the pegged price, it will still buy the dip at the pegged price; if the currency price continues to fall, there will still be losses, that is, earn interest, but Lost money. In fact, these restrictions are no different from other financial products that seek bargain hunting, and there are no additional disadvantages derived from them. The biggest advantage is that there are additional interest income.

At present, bibox ranks 30th among all exchanges in the world, with 87 trading currencies. It was established in 2017 and registered in Estonia. The bix token is a token based on the Ethereum network, with a total of 270 million pieces and a circulation of about 100 million pieces.

Investment and financial management need rationality

Editor: Victor cordeiroi

For more finance, please follow WhatsApp: +447362017157

#books & libraries #business #museums #news #celebrities #investing #cryptocurrency #get rich #life

0 notes

victorcordeiroi661 · 2 years

Text

Reasons why cryptocurrency investments fail

There are four main reasons why most cryptocurrency investments and trades fail. Failure doesn't mean you have to lose everything. It means that the more you speculate, the more you lose, or you invest in an ICO project and become a successor.

1. Do not conduct independent research and judgment before entering the pit

Let’s talk about the primary reason first, investing blindly without making independent judgments. It's very simple, don't buy a variety that you don't understand and don't know its investment value, don't follow the trend. Otherwise, it is very dangerous, and there is a risk of losing money at any time and being unable to unwind.

Be sure to DYOR (do your own research) on things you haven't heard of at all. If you are not a master or a veteran, and you participate in a bottomless project like EOS that does not give any promises, even if you watch others drool later, you must not think that you should be crazy at the time.

2. Excessive speculation, dreams of getting rich overnight

No matter how much research you do, no matter how much you know about K-line and technical analysis, or whether you have private equity circles or insider information, don’t put your life on the line. The more research you do and the more you read about patterns, the more you can reduce your risk, but cryptocurrencies still have huge risks. When you invest your limited capital into risky unknown territory, please remain in awe of the market and human nature.

The bottom line is never to invest a lot of money that you can't afford. If you plan to waste the rent for the next month, this kind of mentality is suitable for this kind of investment, otherwise luck may favor you once or twice, and you will definitely put yourself in the next time. planted in a ditch. Usually 2-5% of your cash in hand is a less confusing range. More than 10% of the investment will inevitably worry about gains and losses, difficult to extricate themselves. And be more cautious when you start to test the water, because the decline of the stock market in a year can be staged one round in one day, and it is sleepless.

3. Digging the bottom and killing people

In cryptocurrency, it’s very possible to wake up in the morning, make $500, and make another $1,000 in the blink of an eye when you’re ready to eat breakfast. Then came home from the gym and found $1,500 in hand. Although it is not suitable for long-term coin holders, generally speaking, you have to judge the timing of profit, because the reality tells us that within half an hour, the market price can be turned upside down. The timing of the sell and the quantity to sell are critical.

This is not an ordinary impulse purchase. Before clicking the "green button" to buy, do 3 things:

First, what should I do after that? Long-term holding, or short-term, quick in and quick out, small profit?

Second, how much am I willing to risk losing in this position?

Third, what is the acceptable profit or loss percentage?

These are decisions to really sit down and make based on personal risk tolerance. These should be regarded as a big rule, which must be adhered to, avoid temporary intentions, resist the temptation of temporary greed, maintain regularity, and cannot dance with the market mindlessly.

According to the common sense of cryptocurrency, the short-term holding profit is between 15% and 25%, and the medium-term holding profit range is 20% to 40%. Tuncoin needs to cash out a part after realizing 100% of the profit, and then cash out a part after doubling, so as to gradually upgrade and gradually withdraw. Everyone's situation may be completely different, but in short, follow your own rules. Avoid the repeated tossing and turning of the horse after making a comeback due to temporary intentions.

Greed and desire will make you forget about risk, and the fear of missing out on the chance to get rich will make you take out more money. Fear can make you try to find the "highest and best profit point" or "best buy point", but remember on the one hand, once you set the stop loss point, don't be delusional; on the other hand, don't be rigid, the most sophisticated of traders also rarely catch the highest selling point and the lowest buying point. Those important psychological thresholds are a major test for traders, and it is in such tests that traders test their theories and judgments, and make themselves more mature as a trader, and don’t worry too much about gains and losses. But before it succeeds, it must experience many setbacks. Cryptocurrency is a financial industry that tests courage. After all, its volatility is too great, and it is a serious test for traders.

4. Do not admit defeat, not only lose

No matter how lucrative the previous profits are, as long as you don't lose money, there will always be one or two times because of one currency, which is enough to lose all your profits. It is hoped that it is not shameful to gamble and lose, and you must know how to use the stop-loss function to sell at a loss.

The "cryptocurrency world" is an investment in the Wild West. Everything is possible. Even those who are ready to accumulate coins should think about it. If you lose 90% or 99% of the value, can you still hold on? Can you live with such a stop loss?

In most cases, the investment loss of 20%-30% is still within the range of psychological acceptance, and it is easy to sway after that. The way of thinking at this time is: the east is not bright and the west is bright. It is a wise choice to change a battlefield and a currency.

Editor: Victor cordeiroi

For more finance, please follow WhatsApp: +447362017157

BIBOX: https://www.biboxe.top/mobile/#/register?code=t5ee

#cryptocurrency #investing #investmentfailure #recipe for success #museums #news #celebrities #books & libraries #business

0 notes

victorcordeiroi661 · 2 years

Text

Why am I posting this?

All the goals I have written on paper and the dates I will complete them. In this case, whenever possible, I go to see it, take pictures, test drive it, to motivate myself to work and find what I want faster.

So as I've said before here, I've identified the day, time and location of this car in my garage. As well as other goals, I have achieved it through a lot of work and hard work over the months and years!

Even better are those who judge and want the business to cease or cease to function. You want everything about a person to come back to you, don't forget that. 😉

#porsche #911 #turbo #turbos #carrera #gts #meta #fé

#porsche 911

0 notes

victorcordeiroi661 · 2 years

Text

The Secret to Financial Freedom

Robert Kiyosaki is the author of the best-selling financial book series "Rich Dad Poor Dad". He is known as the "millionaire" godfather and "money coach". After becoming a millionaire three times, he left the business world and founded a family with others. The business investment company teaches business and investment courses all over the world. He presided over financial and investment education courses all year round, and also developed an educational toy - the game "Rich Dad Cash Flow" to help people learn that only rich people understand money game.

So, what do you mean by passive income? In our daily life, our income can be divided into two types. One is the income that requires us to actively pay for labor. Once the labor stops, the income will also stop. , this income is called "active income". And when we make money through assets, when we can have a certain income without working or working, this part of the income is called "passive income".

Usually, active income refers to our wages and labor income, while the composition of passive income is very complicated, such as the rent your real estate brings you, the dividends your stock brings you, and you start a company. , even if you are not there, you can automate operations, etc.

At present, in the concept of people around us, in fact, most people's concept is "If you want to live a prosperous life, you must find a good job, be diligent, work hard, and keep getting promoted. Only in this way can you save money. "Wealth", diligence and hard work is right, it can indeed help us obtain part of the wealth, and this part of the wealth is what we call active income. You can usually feel that when you get labor wages , you can exclude living expenses, and some have Housing loan, car loan and other expenses, as well as unexpected expenses, do you feel that the money on hand is always insufficient, and you must ensure that you cannot lose your job or go to work, otherwise you will have life support The risk of not going down. The advantage of passive income is that even if you don't have to work every day, you can have cash flow every day, which seems to mean “earning for nothing ”. Cognitive accumulation, this accumulation may be long or short, but the effect is very sig Therefore, Robert Kiyosaki would say that passive income is a necessary prerequisite for financial freedom and early retirement.

Let's take a look at some typical passive income in life:

First, real estate. If you own more than one property, the excess house can be used for rent, and there will be a fixed monthly rent. This rental income is your "passive income". If your house still needs to repay the mortgage, then when the monthly rental income > mortgage repayment, the remaining money is your passive income, if on the contrary, the monthly rental income < mortgage repayment, then it is your debt.

Second, interest. In fact, the interest on deposits is also a kind of "passive income", but the interest on bank deposits is too meager, and this passive income is far less than the return on investment.

Third, the securities market. This does not refer to short-term speculation. Short-term investments such as stocks are all risky. If you don’t know how to do it, 90% of them will be trapped. This refers to long-term investment. Look at a high-quality stock, hold it for a long time, and make profits through dividends or long-term appreciation. Profits are more than savings.

Fourth, invest. When many people hear investment, they think that this should be done by big bosses such as Jack Ma and Ma Huateng. In fact, investment targets are not only companies. If your funds are limited, investing in funds and insurance is also a good choice. A relatively stable income can also be obtained.

Fifth, gold, stamps, works of art and other physical objects. As a stable precious metal, gold has a very good value for preservation and investment. Buying it at the right time will have a good return; stamps and works of art have collection and appreciation value.

Sixth, copyright of works. For example, you have written a book, composed a song yourself, invented a medicine, etc. These can bring a steady stream of value.

Seventh, donate. People who like to read novels and watch TV must have seen such a plot. After a wealthy businessman died, who did he leave his huge inheritance to? However, such a situation is rare in reality.

Going back to what we said above, "financial freedom = passive income > expenditure", it can be seen that in order to become rich, we must not only change our own concepts, know how to manage money, how to earn passive income, but also how to spend money. Money, when you have a little savings, you must not squander it, there is no bottom line, you will end up empty-handed and start all over again. Instead, you must control your boundless desire to consume when you are not particularly rich, and know how to "delay enjoyment". Importance, let the money work for you, create more wealth, and then enjoy the fruit.

Thank you for reading, if you are living in a difficult situation or you want to achieve financial freedom soon, you can communicate with me

whatsapp:+447362017157

#bellagio #lasvegas #eua #american #unitedstates #cassino #game #win #loss #dolar #lifestyle #celebrities #news #books & libraries #business #museums

3 notes · View notes