Bitcoin Forum
May 25, 2024, 04:16:29 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 ... 258 »
1021  Bitcoin / Bitcoin Discussion / Re: I think we need to start asking people if...... on: August 26, 2023, 06:59:21 PM
It will be better if knowledge of bitcoin is obtain by everyone but I don't think that in our society everyone knows about it. As you described about plumber so may be he has knowledge about it as he is a student and in every institution where there is one guy involved so every other guy also tries to do the same thing.

It means that he wants from longer time to buy bitcoin but due to some issues he cannot do it so by working as a plumber he achieved his desired goal. Spreading knowledge is easy and there will be lots of individuals who will do that so buying bitcoin sometimes become difficult therefore for those individuals taking bitcoin as a payment will be useful thing.
1022  Bitcoin / Bitcoin Discussion / Re: I think we need to start asking people if...... on: August 26, 2023, 04:39:24 PM
Finance of a person can be make stable if he spent his income according to the specific planning as spending more money in useless activities is a way towards defeat.
Sharing ideas with friends, reading books and watching videos helps an individuals how to work properly according to one's income. Also if one see how his fellows that how he managed his expenses then it can also helps him alot. No one is perfect but perfection comes when we work for it so no one is financially stable from start but if one realized the factor which will aid him then financial stability is not a big issue.
1023  Bitcoin / Bitcoin Discussion / Re: Is it worth it to teach older people about bitcoin technology? on: August 25, 2023, 06:16:32 PM
You can share your idea with older generation and its up to them that how they react according to it. It it seems profitable for them then they will accept it easily otherwise you will teach them again and again but they will never accept because the decision of older people is firm and they cannot change it easily.

I think older generation have more experience than us and they can understand the things more easily so we cannot blame them because may be in their opinion there is some other investment opportunities which are more better than cryptocurrency.

Old generation does not believe on new technologies and they work for those technologies which were used by their parents and follow that path always.
1024  Economy / Trading Discussion / Re: How to make a life by Day Trading on: August 25, 2023, 05:20:53 PM
Undoubtedly, difficulties are faced in the beginning in every field, but with the passage of time, a person continues to learn and his experience increases, then there comes a time when the same difficult things seem very easy to him. Well if we know how to correct our mistakes then we can become a successful trader because man learns from his mistakes.

Trading is not easy but our hard work interest and passion can make it easy. Of course, nothing is impossible, but trading is a difficult task. Even after learning trading there are many factors that we cannot ignore and by following them we can become a good trader. For example, emotions, patience, consistency and nervousness are many factors that we should keep in mind while trading.

Not only in trading but in every job or in every organization there is difficulties in start like if a children is starting to get education then there needs a lots of efforts to learn same is the case with trading that you have to work hard and utilize your energy to complete your destination.

There is no one who will succeeded without facing troubles but they didn't discouraged and continue their way towards success and now you will see them as an experienced traders. Learner is always a successful person and those who leave the field of battle due to fear will never see their success, success is easy but if one work for it as you cannot do anything by setting at one place.
1025  Economy / Economics / Re: It ain't meant to be easy on: August 25, 2023, 12:18:23 PM
I once read a very good idea in a book, it was that everyone wants to have a home, a family and a good job, and just like everyone would like to have a million dollars, but few are willing to sacrifice their time andmaybe even family, to reach that million.

We always have to make a choice, in order to achieve something, it will be necessary to sacrifice something, and here it is worth considering whether it is worth it. Therefore, it is so important to maintain balance in everything and maybe if you already have a house, family and prosperity, then you already own something more valuable than what we can strive for.

Yes of course everyone wants such things but once a man find job then all ways becomes smooth for him like first objective of a person is always having a good job and then he try for having a home, after achieving it he can easily make a family as in our society those individuals are accepted who have their job.

Most of the people are sacrificing time for reaching such level and as you mentioned that they also sacrifices their family so it is little bit true as due to their busy life they cannot give their precious Time to their families which weaken the bond between them.

Family is much more important than money so it is important for everyone to make their bond with family stronger because if a person has stronger family bond then he can achieve everything.

One can earn and give time to family at a same time through planning because we cannot leave our family for money.
1026  Other / Archival / Re: How to manage bitcoin correctly? on: August 25, 2023, 11:28:07 AM
We don't know at what price he bought bitcoins and if he sells now and makes a profit, what's wrong with him selling them? Everyone wants to sell bitcoin at the highest price but what is the highest price to sell? Nobody know. Taking profit is never wrong, IMO.

OP, most people would advise you to keep holding your bitcoins and wait to sell at a higher price. But in my opinion, if you are already profitable and you find another investment that suits you better then you can sell bitcoin. You don't have to listen to someone because everyone has a different investment plan and vision, so do what you think is right.

While bitcoin has the potential to increase in price in the future, it is likely to break through the $69k or $100k. But no one can guarantee that, it's all conjecture. So if you no longer believe in bitcoin and you find a better investment then selling bitcoin is a good idea. As long as you're happy with your decision and don't regret it, you should go with what you think.

No one knows the highest price but buyer has his own information that at which price he bought bitcoin and now is there any profit for him or not? Highest price does not mean that you will wait until bitcoin reach to 100k$ but if a person have profit at present stage then selling is better.

Everyone can think for himself whether it's wrong or right we are just sharing our views. Although one cannot guarantee that price will goes to 100k$ or not but selling your bitcoin at such a dip when the price is 26k$ is a foolish decision.

As you are describing wrong concept so you are discouraging most of the people and if people initiate selling of bitcoin at lower price then no one will be able to get benefit from it.
1027  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: August 24, 2023, 06:38:06 PM
According to my opinion if one identify that the market is lower in price than previous worth and now he have much money to invest in it then investment at that time will be profitable. If one cannot identity that at which rate he should buy the coin then comparing price of present with past will help them to take decision.

When one Waiting for more dip then sometime he loss the golden opportunity so the present stage is good for buying but those who don't buy yet due to the fear of losing money will regret I'm future. Most of the people are now thinking that bitcoin and other currencies will never come to higher worth again but they don't know that volatility is a key to success by accepting the lower price for buying and higher for selling.
1028  Economy / Speculation / Re: How passionate are you buying Bitcoin now? on: August 24, 2023, 06:18:34 PM
Yes this time is a benefit timing for buying bitcoin, I know lots of people get feared with its decreasing but its fact that after every reduction there is a boosting time when market become higher in worth.

As you wants to choose bitcoin this time when everyone is in trouble that what to do so by doing this the courage of all other individuals will increases too. As you mentioned that every penny for you is of dominant uses for you and instead of this you want bitcoin investment describe that you can adjust your money in every situation and will be able to handle each bear and bull season.
1029  Economy / Speculation / Re: Take your eyes off from the fall in price on: August 24, 2023, 05:48:39 PM
Both conditions can occurs but it depends on the thoughts of an individual so those individuals who already have some bitcoin will surely be worried about such fall in price because price become more lower than expected.

On other hand those who don't have any bitcoin may be see this fall as lucky moment to have some bitcoin at this price because everyone wants to take profit. I think that by visualizing such lower price there will be some individuals who will consider halving period as a wrong information because demand is not such high for bitcoin that was in previous months.

The price is greatly related with that of demands so when price reduces and reductions is because of news so may be it negatively impact the demand and I don't know what will be in future but as the price is still lower so holders will be in hope for the correction again.
1030  Economy / Trading Discussion / Re: Newbies can't profit from crypto without knowing how to trade. Truth or Myth? on: August 24, 2023, 05:30:42 PM
Yes, making money through trading is as easy as it is risky.  Because if one does not have good knowledge about trading and does not have a skill then in that case he will not be able to make good profit from trading and on the contrary he will lose in trading. In this case, Newbies are at risk because they don't have good knowledge about trading and don't know good trading strategies. In this case, they borrow from others and join various paid or free signal channels and follow them and trade

Not only newbies but experienced traders also does not get profit all the time because trading is very risky and for newbies it is too hard to take profit because they are new in the field.

Once a man takes the taste of profit in trading then he does not think what will happen next but trying to put more and more money even he accept the way of borrowing money from others. So in this situation trading is not trading but trading adapted the way of gambling which is not a suitable way of earning.

It is not necessary that all knowledge you achieved before trading then you will never face defeat but actually these little mistakes occurs only to make you experienced trader, you will work to overcome these mistakes so then you can get your goals successfully.
1031  Economy / Speculation / Re: Should I buy now or I should still wait for the dip? on: August 23, 2023, 07:49:15 PM
It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

Choosing certain value and percentage that if you have get this amount then selling will be the best option but some people makes plan but don't follow it and wants to have more money which is totally wrong.

Once a man made mistake and loss money then its not a way to be worried and don't do it again but actually these are some steps which are necessary for success. As you face problems in life then you will not say goodbye to life but you will verify the reason behind the problems and will solve it with the passage of time.

Same is the case in trading if you don't win with few tries then you will not leave it but you will go to look the main cause to remove the cause or overcome it.
1032  Economy / Economics / Re: Which problem will you choose to solve? on: August 23, 2023, 07:00:06 PM
Those problems which can be solved with money can be solved but there are lots of problems which are unable to solved even with huge money in hands. There are problems in life of everyone no matter he is rich or poor but problems comes.

In my opinion with wealthy people there are always a problem of health which cannot be always solved with money but in a case of poor people they have one most common problem which is money so most of their problems can be solved with the help of money.

I think solving a problem of rich people is more difficult as Compared to poor people because even with lots of money the wealthy people cannot solved their problems and it is reality that as more money comes more problems arises therefore poor people will be more satisfied than rich one
1033  Economy / Economics / Re: Bad economic situation makes bitcoins more difficult to keep. on: August 23, 2023, 06:19:44 PM
Holding your bitcoins has a lot to do with discipline truly, but discipline is harder to practice when you are being suffocated and suffering financially with plenty bills and responsibility to respond to. People in countries with better economy, where there are good jobs and businesses are working, Bitcoins will easier hold than for people who are in places with terrible economic situation. What do you think?

The easy way to hold bitcoin is to not utilize that money which is important for you and for which you think that this amount will be used during harsh condition. Those people who use their emergency fund in investment become mentally disturbed because neither they can use that sum as emergency fund due to fear of loss nor they can leave that amount for longer period because sometimes money become important to handle emergency situations.

If continues salary is possible per week or per month then one can manage situations through planning for it but when there is no hope for money then investment will just a burden for you which should be avoided. I know investment is necessary to continue flow of cash to manage daily uses but if you are not able to use extra sum then don't be involve in bitcoin investment as its risky and you will not be able to take benefit from it.
1034  Bitcoin / Bitcoin Discussion / Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION on: August 23, 2023, 05:47:36 PM
You are talking about bitcoin transference to your children so there is two things first and most important thing is that there is no surety that how long bitcoin will persist so if your buy bitcoin for the transference of money to your children then no guarantee that at that stage what will be the cost of bitcoin? Will there be any value of bitcoin? people will still believe on bitcoin?

Future is unpredictable and leaving such an expensive thing the value of which is not known and even existence is unknown is something most risky.
The second thing is that is there any individual who you can trust to share your private key with that? If yes then you can but I don't think that in today's age there is such a loyal personality present who will share the message of your money to your children.

I will suggest that buy some property and make some apartment so you can share these assets with your children easily and without any hazards. Every individual has own perception but I think as Compared to bitcoin this idea is better in order to give them profit as well as having less risks.
1035  Economy / Trading Discussion / Re: What could be the problem here? on: August 22, 2023, 06:09:23 PM
If a person is experiencing one day win and another day loss then I think trading is not beneficial for him because the loss and profit become balance and a person remains at that stage.

In my opinion an experienced trader do not face such situation because he knows how to manage the circumstances that are against his hopes and he learned all the things before taking step into trading so if a person is facing such situations then main thing is that he does not understand the market completely so he should stop trading here.

Trading is for getting success and work to handle every situations so if one is not able to maximize his profit then pausing trading for some durations and learn again will be suited good.
1036  Economy / Speculation / Re: Will BTC go above $30,000? on: August 22, 2023, 05:55:35 PM
Looking at recent market trends, $30k is far-fetched. The Bitcoin price tumbled below $26k, ETF approval is delayed till 2024, Space X sold their Bitcoin holdings, and China's Evergrande filed for Chapter 15 bankruptcy in Newyork. All these factors have contributed to this recent price dip. The chances are that the price might go further down towards $20k or below. So brace yourself as the worst is about to come.

Yes there is decrease in price and no one knows how much decrease will occur in Bitcoin's price but as the negative news are arising suddenly so the demands become decrease as lots of people are selling their bitcoin at lower price without worrying about their loss.

The market is not good enough so lots of people are getting afraid of losing money and most of them denied to buy bitcoin as they don't think that market will recover soon.

Bitcoin has gained the curiosity of individuals in such a way that they always believe in bitcoin investment no matter how much it reduces they will always thinks about their profit and make good use of every situation may be its bear or Bull. During this periods when the price is 26k$ so everyone who believe in bitcoin will choose to buy more as the price is down than previous one.
1037  Bitcoin / Bitcoin Discussion / Re: My dream is coming close. on: August 22, 2023, 05:37:54 PM
Everyone has different opinions some people when heard the news these days then they become frightened to invest money in Bitcoin as they think that bitcoin will go more down while on other hand who trust bitcoin rushes towards bitcoin buying because they believe that one day it will again go towards peak to give them huge rewards.

The price this time is effected by news and there is no surety that when the price will go towards correction but I think it will soon go up so hold bitcoin up to the amount what you can hopefully you will get the beneficial outcomes.
1038  Economy / Economics / Re: How to avoid over expenses and have discipline on: August 22, 2023, 05:03:43 PM
Actually people wants luxury life therefore they cannot manage their funds easily. If they do each activity according to planning then it will not be hard to live a life according to the budget and also save some amount.

There are lots of activities which are not necessary but people are involved in it like a person can eat well at home but everyone wants to eat at expensive restaurants. Restaurants are so expensive that if a single person eat at Restaurant then that money will be enough to feed five people at home.

If there is no saving at the end of month then try to know that what are the things which you should not do to save money. I don't say that living a luxury life is bad but I want to say that if everyone lives according to his budget and salary and do not Compare life with others then no will be sad in his life due to shortage of money.
1039  Economy / Speculation / Re: take advantage of opportunities on: August 20, 2023, 06:43:46 PM
People will go more closer to bitcoin investment when the price goes up as they see the success of bitcoin but once the price goes down people get afraid of it instead of buying it which is totally a wrong concept.

As this time the price is 26k$ so everyone has the opportunity to take the benefit of this lower price by collection of bitcoin but instead of taking some positive step they run away from it which means that they are so innocent that they can accept their loss but cannot wait more to take advantage out of it.

I think one should buy bitcoin no matter how much but if they can afford so they should buy because as good news originates the price will go more higher again but it is necessary to wait for the exact duration as we don't known when will the market become boost up.
1040  Economy / Speculation / Re: Big surprise in mid-August - Do not panic!!! on: August 20, 2023, 06:06:58 PM
Bitcoin is reducing in price from few weeks and now its almost 26k$ but its not a time of panic but instead of it everyone who wants to get more profit should buy at this rate.
There was alots of prediction about the enhancement of price that we will see Bull season in coming months but all the predictions proves to be wrong as the price goes against these predictions.

Actually all the news have some impacts on the price so if this news arise so may be this is true news therefore the price get reduces but it also indicates that if price remains low then there will be no effect of halving on Bitcoin's price as the interest of people reduces due to spread news.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 ... 258 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!