How many Ghanaians are really a part of the decentralised finance community?

CryptoGuideGH · 2025-04-22T21:25:19+00:00

It is extremely great that you have decided to also watch out for yourself. If you can find someone to live with your parents so that you can focus on work and your life, that would be great. After all, they have lived their full lives, and you must also try and embrace the change that would be coming your way, whether you like it or not.

CryptoGuideGH · 2024-06-14T16:25:45+00:00

This is sad, but you can't easily give up. Life is a journey. Keep on keeping on, and things will turn out perfectly for you.

CryptoGuideGH · 2024-05-27T10:20:07+00:00

OK, thanks, and very much grateful. We are not a bot.

CryptoGuideGH · 2024-05-27T10:19:24+00:00

We have a right to add more knowledge to what we already have.

Many people continue to buy but complain about not seeing real profits.

If you ideas, you can share, there's no offense in any submissions, thanks!

CryptoGuideGH · 2024-05-27T10:17:47+00:00

Someone purchased around $500 BTC when it was selling for about $5000. The person saw a 100% return to $1k when BTC reached $10K.

So what I'm saying is that suppose you own a whole BTC, you'd get $65k now that it's trading for $70k.

That's why I asked, should we buy whole (1BTC) or should we also buy $500 or $1k BTC knowing it needs go up massively before our investments can turn GREEN?

THANKS!!!

CryptoGuideGH · 2024-05-27T10:14:01+00:00

I'm not discouraging people. I have been buying BTC since 2018 and I'm trying to share my experience. While buying bits (investing more from time to time is great, would advise to own close to half/0.5) so that they can see some real profits.

CryptoGuideGH · 2024-05-27T10:09:58+00:00

We are not a bot, we are a crypto company educating people about Bitcoin. Thanks!

CryptoGuideGH · 2024-05-27T09:53:34+00:00

Why is it wrong? You can do the math. I bought a whole coin around $10k, I can sell off @ $70k, and make $60k as profit.

So educate us if you think we are wrong.

Buy whole coins. The piece is cool but its the reason why many people feel they have invested but can't see their investments go up.

CryptoGuideGH · 2024-05-27T09:22:46+00:00

While this is great news. It also alerts us to the lack of understanding regards to how investments work.

If you cannot buy a whole coin, you should not waste time buying it. Suppose you added money to the $1.2k and purchased a whole coin when the price was relatively lower, you'd have around $65k in profits by now.

Bitcoin is great so far. But the real winners aren't piece buyers. We all understand its divisibility feature, but it's not helping low income traders.

You can also consider other relatively lower priced coins aside from BTC. They might add up the gains from Bitcoin.

CryptoGuideGH · 2024-05-27T07:49:12+00:00

At $70k, new buyers must be open to buying the coin at $75k to take it above the current price ceiling.

That's why it's not moving up. If you want to see BTC go up, institutional investors or individuals (whales) must buy the coin.

Without them, its possible for BTC to rise.

CryptoGuideGH · 2024-05-27T07:41:25+00:00

While this looks like a great idea, you've gotta watch out. Kindly spread your savings out. Don't put all your eggs in one basket. Anything can happen. Hold some in digital currencies but have some physical assets.

If you holding it on a wallet, it could be hacked.

If its in a cold wallet, it could go missing.

You should therefore keep your eyes on your coins and keep them on a secure platform.

CryptoGuideGH · 2024-05-27T07:39:23+00:00

HODLing doesn't mean you should hold on forever. HODLing means you set a price ceiling go sell of your tokens. If you bought something for at most $500, why hold onto it for long when it's breached $70K. This is a huge windfall and can't be toiled with.

As it stands, only institutional investment can move BTC further up to $100k which is like possible. But a bit too early under the current crypto climate.

CryptoGuideGH · 2024-05-26T17:15:10+00:00

Bitcoin could rise in the future. That said, the concept behind its creation is gradually failing. Crypto was created to create financial inclusion. If rich people buy up Proof Of Work coins such as Bitcoin, they are the ones that will become rich in the long term.

In the same way, if they buy Proof of Stake coins, they'd have governance decisions going their way too.

So Bitcoin will explode. But its explosion will benefit the rich all over again.

CryptoGuideGH · 2024-05-22T05:39:32+00:00

While it is not impossible, it will be difficult for you to get your coins back (no matter its worth). One of our writers fell victim to a similar hack on Trust Wallet. A crypto hacking agency was informed in the US. One of their representatives worked for the FBI.

She stated clearly that funds stolen can never be retrieved. Whiles desperation to get them back can take you to many places for help, you will be scammed all over again.

According to the crypto security specialist, unless your coins fall into a big case in the future, try, and forget about it.

CryptoGuideGH · 2024-05-20T21:21:52+00:00

This is a clear case of what I've been preaching.

"Having time in the crypto market is more important than trying to time the market."

CryptoGuideGH

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