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1  Economy / Economics / Re: Take care of your money and learn to save. on: May 20, 2024, 04:52:12 PM
And if you see an old person who is starting to have difficulties in his old age, even though he used to be rich in his youth, it means that he did not invest his money so that his old age becomes more difficult.
People have different situation. Even if there are people who experience it, it doesn't always mean they didn't try to have investment or saving in his youth. They may already use all their saving or investment for a certain purpose. We don't know what the experience of each person, people sometimes have financial problems due to certain problem in their life. So, don't judge people easily!! 

That true. In terms of priorities and needs, of course, everyone is different, and I think there is a point, as you said, do not draw conclusions too quickly, although what has been equated by @wmaurik also has a basis as well.

I really agree why savings are needed where whatever our current condition as much as possible there is a little reserve for emergency funds and this is as the last alternative if you really want to be issued if indeed other solutions no longer exist without having to take loans to other people or apply for credit to banks and this is a win-win solution and as one of the best ways to protect yourself from unexpected situations.
2  Economy / Economics / Re: Surviving in this economy needs a new minds set on: May 20, 2024, 04:45:19 PM
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

If we come at the right time, buying it at a discounted price some time ago will be very helpful again. I think it's right your idea because BTC as an investment tool is quite proven to provide good returns and does not disappoint and we win in one thing we have full control over our own assets.

Yes. The current condition is beyond our reasoning where the value of money is no longer valuable when we shop for the necessary needs, everything is expensive and if there is preparation from the beginning for example now even if there is inflation worse than now umbrellas are available and just use when it rains and the scorching sun.
3  Bitcoin / Bitcoin Discussion / Re: DCA: the power of little beginning on: May 20, 2024, 04:27:55 PM
I did some DCA because I'm getting a few bucks every week from my signature campaign and I've been doing it for years, but I still wouldn't recommend that to all. There are situations where DCA is good and there are some where it's not.

When you're a small earner, like many of us here. You get a few extra dollars every month. Why not put that into bitcoin? On the other hand it's dumb for a millionaire to do the same. For him the best option is a lump sum purchase and I've seen articles where people show that lump sum, if you can afford it, is better than DCA.

I agree with the method of purchasing at once where it is quite simple and also easy with a note of enough funds and no need to bother in installments, it's just that back to the point of your first paragraph if you get more income as you mentioned above and that is quite helpful.

The obstacle now, currently there are still many people who do not have more income to be allocated regularly to be able to buy BTC even though it is only 30 dollars per month and still have to find other income to be able to cover the lack of monthly costs either for themselves or those who are married of course.
4  Bitcoin / Bitcoin Discussion / Re: BTC never for sale? on: May 20, 2024, 04:19:49 PM
But where is the value of BTC in the absence of trading?

Well, I think this is interesting if you want to know. BTC will always exist as long as there is demand and supply, apart from that there is an intrinsic value contained in it as a Payment and Transaction Tool and of course this is very useful where the technology and Blockchain Innovation have a big impact in terms of sending money for example and it is also an alternative others in the current financial system.
5  Bitcoin / Bitcoin Discussion / Re: When investing in Bitcoin: what to consider? on: May 20, 2024, 04:09:21 PM
You should consider the safety and the length of the holding. Short terms may also give you quick gains but in long run you will have good profit.

I think the security point is the main point before the arrival of profits and it is important to note if indeed our investment in BTC has been designated as a long-term investment. In terms of good storage, the private key is always in your hands, additionally install two-factor authentication (2FA) and always use a wallet that has been proven to perform well, of course. Maybe in addition, don't forget to follow the developments related to regulations that develop in your country, in this case BTC.
6  Economy / Speculation / Re: Bitcoin Price. on: May 19, 2024, 02:57:40 PM
In the midst of the war between Russia and Ukraine, can we see Bitcoin at the top? Or Bitcoin will not be able to rise from its position as long as the war lasts, what do you think?

Anyone can name how much bitcoin costs freely. whether geopolitical conditions are good or not is fine, just like the OP wants to know, but it looks funny to others. Of course, due to the Russia-Ukraine war and still ongoing today, at first glance changes the outlook on investment and they will tend to play it safe by investing in safe haven assets.

However, if we have knowledge based on price history, technical or fundamental, I believe these factors are not major items that make the price of BTC weaken and fall dramatically and certainly, BTC will continue to set record highs in the future.

7  Economy / Speculation / Re: BTC 2030 Assumptions on: May 19, 2024, 02:39:45 PM
BTC 2030, what is your educated opinion on the state of BTC come the end of the decade?[/center]

Predicting for the year BTC 2030 only crossed my mind how much the price will rise. Cheesy What is certain is that if we look and read the opinions of many crypto experts and communities who are very confident that in that year the price of bitcoin will touch record highs for the figure may vary of course.

Yes. If the OP asks and someone makes a BTC 2030 prediction, I don't think it hurts.

8  Economy / Speculation / Re: Volatility and its effect on: May 19, 2024, 02:30:46 PM
Behind it all I believe investors also have a tagline 'buy based on rumors, sell facts' and vice versa. Exactly the four are the most dominant components and are enough to affect market sentiment either positive or negative so that it more or less affects the price performance of BTC, but if the news is good, everything will be fine.

Well, if we see suddenly the price of bitcoin dropping or rising drastically in the near future use that concept as well. and This is why we should study and understand how it works in the market. Many traders profit when using this strategy.


9  Economy / Economics / Re: Disregard false religious teachings and invest for the future. on: May 19, 2024, 02:21:30 PM
I'm not saying Bitcoin is the only investment option right now but people should spread their investment in different areas not only depending on office jobs, and most importantly avoid being misled by their religious leaders.

Of course, BTC is not the only investment option available, but there are many others as well, but if it has entered the crypto world, BTC is the most trusted. We don't know what the future will look like and it should be necessary to prepare for the long term, especially if you have invested in BTC for the long term. Related to the above, I personally remain focused on the core goal of continuing to invest long-term in BTC.
10  Economy / Economics / Re: Take care of your money and learn to save. on: May 19, 2024, 02:08:27 PM
There are always daily needs and other unexpected needs. This is where we need to apply money management properly and carefully, if we remember and frugality, it does not mean that we are stingy, so for us to live it will be easy.

Maybe everyone also knows cryptocurrency gives us more opportunities when compared to other places, but the risk is also higher but the current economic conditions make it difficult for many people to increase income except those who already have a monthly salary and even then often still not optimally meet the routine monthly needs if you want to invest in crypto or others.
11  Bitcoin / Bitcoin Discussion / Re: DCA: the power of little beginning on: May 15, 2024, 06:42:08 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set

Yess. Everything seems small at first when we start and I agree that all have a first step and the first step when you want to invest in BTC is to start buying it even with just a few dollars e.g. $50 at least or below the value with cold money without being disturbed by other urgent needs.

It takes hard work and will pay in time and BTC is not an empty box that has no value and meaning in the future. In the future, maybe the global economic atmosphere will not be okay and we can prepare preparations from the beginning even though we are a little late compared to those who have known this earlier.

12  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the Dubmest Thing Ever Invented on: May 15, 2024, 06:34:49 AM
So basically, your argument is that an empty box that someone sold you for $70K is not actually empty. The trading act magically make a valuable product, an asset to appear in it? Although when you open it you see with your own eyes it is still empty. You know how this is called? Being naive, gullible and delusional.

It seems like you are very skeptical of this but, that's okay, I just want to ask what about fiat whose value is agreed, Is BTC no value and just an empty box if you buy it today for example with a face value of $ 500 only, then you test selling on the exchange you buy at the same time whether your money will be lost to the earth in your account,  If possible, do it today.

I'm probably not very technical and like to just get straight to real applications.
13  Other / Beginners & Help / Re: Newbies should be forewarned. on: May 15, 2024, 06:09:34 AM
As long as their project investment picture is good and there is no indication of a scam why not, and indeed for the campaign you mentioned now it is indeed rife at the moment, especially for newly present tokens both airdrop, Testnet, and Mainnet on their new network.

I think at this time the participants are also smart and always check well from the web directly to the community and they will use the new wallet instead of their investment wallet (Reserve wallet specifically for airdrops) to anticipate unexpected and diverse events like yours. It was said above so as not to lose money in the main account.
14  Other / Beginners & Help / Re: Could Bitcoin be fixed by someone? on: May 15, 2024, 05:57:20 AM
In regards to what you've just explained, you mean the majority of developers needs to agree on that idea or upgrade before it can be implemented?. Due to human natural way of opposition, what then happens if the proposal is rejected by the majority but the project seems helpful to the Bitcoin protocol?.

I think the Developer Community will voluntarily analyze this for BTC for sure especially if problems are found before it is implemented to users on the Bitcoin network. Well, regarding complicated things / major changes, of course, for decision making also requires a little time to be right when run by users and beneficial for the Bitcoin protocol around the world.
15  Economy / Speculation / Re: Will BTC dip again? on: May 14, 2024, 03:34:50 PM
Personally, I don't know if there will be another correction, but I think we are very close to the bottom of this correction, so buying now wouldn't be too bad.

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

Of course, but it is very interesting to hear your second point where there will be many people who want to request fresh funds for BTC purchases and of course the goal is to prepare for this post-halving price increase, and I personally think if this wins it will be very good to make the process of BTC price increase faster because purchase requests do not only come from large institutions but from personal especially with large amounts.

Regardless of the desire above, I personally have a thought, we should have a positive outlook in any condition so that we can think clearly and take advantage of all the opportunities around us in increasing BTC ownership in the future, meaning that even if it is done, it must all be carefully calculated.
16  Economy / Speculation / Re: Bitcoin Price. on: May 14, 2024, 03:26:05 PM
Bitcoin price is always changing, you will notice that at the beginning of 2020 the price of Bitcoin was very low and in 2024 it reached the highest Bitcoin price target level. Bitcoin price will rise even more when the bull run starts in 2025 as Bitcoin price only targets halving when it makes the report. As evidenced by the 2020 halving, the highest Bitcoin price growth came in 2021 and reached $73K before the 2024 halving.

However, when you comparing the current price with past BTC price cycles, of course, the value and movement are different. I never doubted whether BTC would hit a new ATH again this year above 73K and that could happen after this halving unless there is a bottleneck if there is extreme news that makes demand drop sharply.

So. Whatever the conditions, be wise to be realistic and do not put expectations too high, otherwise we will feel disappointed when the price does not reach our target because all possibilities can still happen in the crypto market
17  Economy / Economics / Re: Money is all wealth? on: May 14, 2024, 03:16:25 PM
Money is just a form of wealth but money alone doesn't makes you wealthy. For you to even call yourself a wealthy person to some extent, you've got to integrate a bit of power and access to a good tune of asset to your name and that way it's easy to assume that you're wealthy but by mere having money alone doesn't make you wealthy.

Of course, but the obsession with getting rich often haunts everyone in order to gain recognition and seem capable of everything. I personally categori rich people are actually those who have had enough and are no longer obsessed with making money to death.

Thus what we have obtained and tried from youth to old age we can enjoy with family with gratitude and can also benefit others if we really have the intention to share with others.
18  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 14, 2024, 03:05:50 PM
Trading is risky but everyone can have profit or loss with some trades. Difference between an amateur and a professional trader is in long term of trading. An amateur trader who relies completely on luck factor can not get profit in the long term. The professional trader can get positive net profit in long term of trading because he is very knowledgeable, experienced and disciplined with entry and exit.

Amateur or professional trader, the vital thing to do with trading is to use Stop Loss order or Stop Limit order, to avoid terrible uncontrollable loss with market crash.

Regarding proficiency, of course, each person is different and certainly, as we see, who is always a winner is one who is patient and lasts long-term. If we want to get the best price, wait until the halving is over, while all coins are discarded based on previous history and it is real, and in this condition only large coins and projects that have useful products can survive in the market, in addition to using Stop Loss or Stop Limit orders, investors or traders also prefer to hold fiat and transfer their assets before the price drops sharply.
19  Bitcoin / Bitcoin Discussion / Re: Are you increasing your bitcoin investments because of today halving ? on: May 14, 2024, 02:56:40 PM
During the halving period, it would not be very wise to sell Bitcoins unless there is great danger. It's time to invest on a long-term basis. But many may be disheartened by the slight price reduction. It is true that everyone invests in Bitcoin with a specific target. But if you are disappointed here, it will not be possible to achieve the planned goal.

Personally, I don't know what will happen to bitcoin or others if the correction situation continues, but at first glance I think the side way price process is not long and the decline is not deep at all and what needs to be done now is to continue to buy if you have enough funds for BTC and one more thing this needs to know: Don't be tempted by cheap prices when the market crashes. Many people say this is the best time to fill our bags but in fact we still have disadvantages if we buy.
20  Economy / Economics / Re: The collapse of central banks...Inevitable? on: May 13, 2024, 01:19:09 PM
I guess government will never allow such thing to happen to their central bank to die or collapse from the country because that is where their fiat money is coming from before the government can make some budget that will eliminate inflation. 

Of course, it is true as you said that the central bank will not just collapse without special reasons, unless there is the most fatal error and untenable thing for one reason or another, and that is also one of the government's remote controls in running the wheels of government, it's just that currently policies are needed in terms of economics that are considered able to answer and solve matters that are pleasing to the current issue wisely and wisely, especially for them relevant stakeholders so that people are more calm and safe to carry out their normal lives without being burdened anymore by the high prices of their basic daily necessities, for example.
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