You seem to be using a browser that is out of date. Your experience may be altered due to this, and content may not display correctly for this site or other websites. Have you considered upgrading to use a better browser?
Whatever the government's ban, if Bitcoin still has many users then it will never become extinct, even in China, even though Bitcoin is banned in that country, there are still many Bitcoin users.
If you are a newcomer to the crypto world, you should only choose bluechip crypto such as BTC, BNB and Eth. You don't need to worry if you only have small capital, currently many crypto exchanges accept a minimum deposit of $5.
Currently there are not many crypto wallets that have crypto swaps directly to fiat money, if you live in America you can use Coinbase or you can also use the Sell feature on the Metamask wallet (but this is not yet used globally).
Of course, personally I prioritize active income, because actually passive income is just a side hustle. Moreover, passive income doesn't have working hours, so it can be done in my free time.
When we store crypto on an exchange, selling/buying transactions with local fiat money will be faster and more efficient, but storing large amounts for the long term is not a good idea, because it is easy to find out and the government can also block user accounts. Meanwhile, if we store large...
Banks in my country don't give interest on savings accounts, so even though I have several different bank accounts, it's just for convenience of transactions or sending and receiving money.
Before you create a budget, you must first have records for at least three consecutive months, whether regarding net income or all expenses, then you can easily prepare a budget according to your daily needs.
Of course everyone must have life insurance, to guarantee their health, especially to reduce risks, or as financial protection. Life insurance is also part of financial management.
Although currently storing crypto on exchanges is increasingly safe, because many well-known exchanges such as Coinbase, Binance, etc., have insured user funds, so that if a hack occurs it will be safer, unless you lose your crypto as a result of your mistake.
Several years ago, when Tron (TRX) was launched, people were interested in investing large amounts, and I saved and staked in various Tron wallets, but it turned out that the price of Tron was unstable and continued to fall, so I had to cut losses even though I was losing money.
The popularity of meme coins is only momentary, especially when they are endorsed and get tweets from famous people, so many retail investors are interested and buy mmecoin, and the price will rise but not long after it will be destroyed, only Dogecoin is the original memecoin.
There are several countries that have implemented CBDC, but people in my country are not interested in CBDC, initially the Central Bank digital currencies were created to stem the arrival of crypto.
By using this site, you agree to our use of cookies for personalization, to improve your experience, and to enable us to keep you logged in if you register.
Continuing to use this site signifies your consent to our use of cookies.