Do You Find Any Relationship Between Spending Money and Happiness? You wish you would have a lot of money! Then you could buy a lot of things. When you buy something, you feel good. Literarily, we need to spend money to live. You need clothes, food, shelter, medication, and other things. You have to earn money first and you can afford to buy what you like. You see there is a relationship between spending money and happiness. Let's divide our whole life into three parts. The…
What Holds You Back From Improving Your Financial Situation? Do you think rich people are rich because their parents are rich? When you have money and don't have any financial problems, you may act differently. If you find it hard to earn money to live your life, you may focus on getting money right now so that you can put food on the table. Is there anything that holds you back from improving your financial situation? As soon as you have sufficient money to take care of…
Do You Have The Key Where You Hold Your Crypto? Do you remember what was going on in your mind when you first heard about Bitcoin and blockchain? You wanted to know more about it by getting involved. You were interested in looking into how it works? People can transfer crypto from one wallet to another wallet. You want to create your crypto wallet. Probably you get to know about Coinbase where you can create an account and keep your crypto. It is like having a Facebook or…
Do You Really Want to Hold That Crypto For the Long-term? When you make any financial decision, that can be short-term and long-term. You can have short-term goals as well as long-term goals. There is nothing wrong with that. You may have specific plans to achieve your financial goals. How you navigate the market, that's important. You see the price goes up and you buy to make a profit. Do you have any plan about how long you are going to hold that asset? If you are in…
Don't Take An Entry Out Of FOMO It is hard to resist when you are on FOMO. It's a strong feeling. It seems you are missing an opportunity big time. If you see the crypto market recently, there is a huge price movement. For example, BTC price was around 21K and crashed to 17K. You see big red and green candles in the chart. Let's take a look at the BNB chart as an example. BNB price dropped to $313. Then it started rising. You can see a huge green candle. BNB price went up to…
When Should You Invest? You know how important it is to make investments. You also see people making investments and getting a good return. So when should you invest? You have to take a look at your present financial situation before making any investment decision. Have a consistent income You cannot think of making investments when you don't have income. No matter how good an investment opportunity you have, you may not be able to make your move. That's the harsh reality.…
What Do You Consider Most In A Bear Market? You cannot feel what it is like being in the water unless you get there. In a bull market, it seems very easy to make money on crypto. Just throw some money into crypto, you might get out of there with a profit. Shitcoins that have no reasonable reason to go up and be there in the first place occupy the space. So what do you consider most in a bear market? Protecting your funds and crypto is the most important thing, especially in…
Jump That Much In Business That You Can Handle You as an entrepreneur always want to grow your business. You can increase your profit and take new initiatives to expand your business. You want to do better than you did last year. You set your goals and employ everything to attain your goals. When you make more profit, you have more options to invest that to move forward and expand your business. Every step you take to expand your business, you also take risks. If that works,…
Bear Market Shows The Real Picture In Crypto You can see a completely different picture in a bull market. Some people give crypto advice and show that if you bought crypto following their advice, you would have made that amount of profit. Maybe you feel you should follow their lead next time. Does that work? Maybe it works at some point in a bull market. As soon as the crypto market changes its direction and looks bearish, you get confused about what's going on. When the…
Did Crypto YouTubers Get You Rekt? When you make any decision, is that your decision or does someone else make the decision for you and you just do that? We are influenced by the people around us and the people to whom we listen. When it comes to making any financial decision, you need to be careful about that. Now we have more resources. We can watch videos and get to know a lot of things. When you watch videos on YouTube, do you follow everything? There are great people…
Do You Have Doubts About Crypto? Just one year ago, cryptocurrency price was at an all-time high. Looks like a lot of things change this year. LUNA crashed and turned into dust. Every cryptocurrency you saw in 2021 is down now. So is this the end of crypto? When the crypto market goes down, you keep your crypto on the lending platforms like Celsius and BlockFi. You wanted to get interest that seemed risk-free, but you lost your crypto. You put your trust in FTX since it…
What Can You Do to Protect Your Income? What do you do to make a living? You do something to earn money. You have skills, or you are good at something. You use your skills to generate income. When you make money doing something, do you want to protect your income? I think the best thing you can do to protect your income is to invest in yourself. That's the best investment that will give the highest ROI. Without having skills and qualifications, you may not have a consistent…
Do You Take Taking Profit Seriously? Every time you look at your crypto portfolio, you feel great and that puts a smile on your face. Now when you look at your portfolio, you feel the opposite. Crypto prices can go down, but maybe you did not expect the price would drop that low. Do you take taking profit seriously? Most of the time, we talk about buying and accumulating crypto. This is indeed a good time to accumulate crypto. Taking a profit is very important and there is…
Manage Your Finances - Short Term and Long Term Investment Whether you do a job or business, the way you make your finances can change your financial situation. You have money, so you can use it the way you like. Do you invest everything in long term? You need to think long-term to make different decisions. It does not mean you will invest everything for the long term. When you need money in a short period of time, you may find it difficult to manage that. You have to…
Do You Keep Your Crypto Investment Private? You did not commit any crime, so there is nothing to hide. You are a good person. You are not afraid of anything. People who say there is nothing to hide and are ready to reveal everything make them vulnerable to attack. Do you keep your crypto investment private or reveal it in public? Let me tell you a true story. One of my colleagues was going to the hospital. His daughter was sick and admitted to a hospital. People say when you…
Is Web 3 Technology Going to Decentralize the Internet of Things? You will hardly find any person these days who does not have a smartphone. When did you start using a smartphone? You will be surprised to see how things around us change pretty fast, and we get used to using the latest technology. We have smartphones, smart cars, and smart homes. We do care about our time. It saves time and money when we use the latest technology. You can do many things faster and more…
Are You Trading Or Buying and Accumulating Crypto For the Long Term? When you buy cryptocurrency, what is your intention? You want to make a profit, that's good, but how are you going to do that? Will you do crypto trading? Or, will you buy and accumulate crypto for the long term? It looks like the same thing, but it is not. Your mindset and the way you act while trading and investing are different. You might get confused and fail to take action if you don't have a specific…
Do You Own Your Content? We share different things on social media. We want to let others know what we are doing and what's going on in our life. You take pictures and make videos, and then upload that on Meta, YouTube, and other social media. Have you ever asked yourself how much control you have over the content that you share on Web 2.0? Users do not own their content on Web 2.0. The company which is a centralized entity owns everything and controls what you can or cannot…
How Much Do You Keep For An Emergency Fund? When you realize how important it is to have an emergency fund, you start saving money so that you have funds to face any emergency situation. So how much should you keep for an emergency fund? Maybe you see other people and decide how much you should save to create your emergency fund. You don't need to look at other people and what they are doing. You should pay attention to yourself, your income, expenses, investment, and…
Metamask Launches New Fiat-To-Crypto Purchase Option You get to know about cryptocurrency and you want to make investments. But if you go through a hassle to get your fiat currency into cryptocurrency, that will discourage you. Users' experience is very important. People prefer convenience. If you get an easy and more convenient option to buy crypto with your fiat currency, you will choose that. Popular crypto wallet Metamask launches new service to purchase cryptocurrency…
South Korean Crypto Exchange GDAC Hacked and Lost Over $13 Million Hacking crypto exchanges is not a new incident in the crypto industry. South Korean crypto exchange GDAC becomes the latest victim of hacks and exploits. Hackers managed to get access to some of the exchange's hot wallets and then transferred cryptocurrencies to an unidentified wallet. In this hack, hackers were able to steal almost 61 BTC, 350.5 ETH, 10,000,000 WEMIX, and 220,000 USDT which is 23% of the…
Have You Ever Submitted A Customer Support Ticket To MetaMask? You are having some problems or for some reason, you might submit a customer support ticket to Metamask. You get replies and solve the issue. Your email address and sometimes other personal information that you submit are there. Metamask uses a third-party computer system to process and provide customer support. Unfortunately, the third-party customer support service provider that Metamask uses mainly to view…
DeFi Lending Protocol Hundred Finance Lost Over $7 Million DeFi protocol becomes one of the prime targets of hackers. We see hacks and exploits in Decentralized Finance (DeFi) protocol on a consistent basis. Now DeFi lending protocol Hundred Finance was hacked in Optimism and lost almost $7.4 million. According to blockchain security firm Peckshield's investigation, the attacker contributed 200 WBTC to manipulate the exchange rate of the protocol’s derivative hWBTC. Then the…
Is The Bank of Israel Going To Launch CBDC? The adoption rate of cryptocurrency is increasing. People see the value in the long term in crypto. The government prefers to have more control over the financial system where crypto can change the game. Now Bank of Israel is considering launching Central Bank Digital Currency (CBDC). This is not a final decision, but they are looking into it and how it impacts the economy after issuing CBDC. They are considering different…
Scottish Woman Had To Sell Her House After Becoming A Victim Of Crypto Scam Many people make a lot of money in crypto and change their lives. But at the time, many people lose their life savings and end up in terrible situations after losing money in crypto. Victims usually do not share their sufferings and bad experience. You might not know how they live their life after becoming victims of crypto scams. People love to talk about when they do well in their investments. You…
KuCoin’s Twitter Account Hacked and Lost More Than $22,000 You get the latest crypto news and updates on Twitter. Most people who are into crypto are active on Twitter. You are careful not to fall into hackers' traps. But when you see something from the official account of a crypto exchange, you usually believe that. At least you can put trust in the official Twitter accounts of crypto companies with verified tickmarks. Looks like you cannot blindly trust anything even what…
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