Hi guys,

As a lot of you may now, the Central banks are heavy into the development of the CBDC's. I truly believe that these coins are a tool of the global elite to control us. You can take a dive into what these coins really are meant for and its pretty scary. Its basically the opposite of what crypto currencies today are meant for; centralization and complete control.

A lot of people see this as bullish for the Crypto currency market for obvious reasons, nevertheless I still believe the adoption of these CBDC's will be forced onto us. Just like the restrictions of the so called pandemic were forced onto us. This makes we wonder how these two polar opposites will co-exist, and what long-term effects it will have on the market.

I would like to know your thoughts on this.

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

You should be careful also what you are accumulating. There are a lot of shitcoins right now.
Another thing is to identify your goal or price target especially if you are trading, or you want to make profits along the way or it depends if you don't want to sell or take profits.

I think what you mentioned is considering a Dollar Cost Averaging (DCA) which is also a good way for long-term investment these days, just make sure you will have strong hands and avoid panic.
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Yeah I'm definitely aware that I should be accumulating established projects in these times, and I'm here for long-term investments. I'm not looking to take quick profits and do short term trades. Even though I'm in a loss regarding my investments until now, I don't see it as a loss, I see it as opportunity to accumulate more because I believe in the long-term it will pay off.

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?