I planned that the money that would go into bitcoin was that I no longer needed for a long time because I had an emergency fund which I estimated was sufficient to meet all unexpected events but what I experienced at that time, the incident was outside of my planning and the emergency fund that was being prepared could not cover the urgent need, so I was forced to steal the existing funds in bitcoin and sell them to cover it. The thing that makes me regret is that bitcoin is back on the rise in January and the gap when I sell my bitcoins is not long, that's why I talk like that.
I agree that when an emergency happens and you have to tap into your investments, that is always a bad moment and it always makes people sad. I went through the same thing and that is definitely not an easy thing to handle and makes a lot of people sad, I get it and I faced it and I think you are right. However, we are not really that rich, not right now at least and this is the only way we can get rich. You can either have a huge income that can make you rich, or you have to invest and get lucky with a big increase to get rich, there isn't really that much other options. In this case we have to keep reinvesting after the emergency situation and wait to get lucky with a big increase eventually. |
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I have to agree with others that bitcoin going up is regarding the market and what people believe in, there is a situation where it will take a while before people could believe in these things, and the market is not that easy to trust. Sometimes you trust it and sometimes you don't, there isn't really that much of a middle ground about it.
This is why I believe that we should be a lot more careful when making these decisions, if it was such a simple thing then everyone would have made some profit with it. Since only "some" people make a profit from crypto trading, then it means it is not as easy as it sounds and we should be checking the ups and downs.
That's true, it is not an easy thing to make profit with bitcoin, and I agree that if it was so easy (as newbies think) then we would all be millionaires by now and we are not, which is a proof that it takes time and patience to make some money in the bitcoin world. We shouldn't really be worried about it because even though it is not that easy, it is also not that hard working thing neither, all you have to do is buy constantly whenever you have some money and keep holding it until you are rich, you don't "do" anything about it, sure it will have some ups and downs which makes it very hard to hold, because many gets scared and sell, but if you can keep holding, you will get richer. |
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The most popular of the favorite meme coins is Shiba Inu. Another popular meme coin is Lovely Inu. But Shibainu is most popular and will make a good position in future. Maybe move to a better position by 2025. For this I have invested in buying some shiba inu. Let's see if it pumps again in the future and builds a good position then I hope to get a good profit from here.
Lol, I never heard about second one. And how can SHIB be more popular than DOGE, is DOGE is in the top 10 crypto by market cap? I know you are going to have hard time believing this because I had the same feeling; but there are some people who think that doge is not a meme coin because it has been around for 10 years or so. They think that it got created as a meme coin back in the day for fun, but it is as serious as it gets nowadays and a legit coin, whereas shiba inu is a meme token that is a lot newer and still a meme instead of being a legit coin. That makes absolutely no sense at all, it makes no sense to me neither and it is as stupid of a take as it can get, rivals "earth is flat" to me, but there are some people out there who believe that too, hence we shouldn't be shocked. |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Understanding when it is good to make profit according to you is an important part of trading, but "season" is not true, it all depends on what you like to do and when you want to trade. I personally like trading when it is going up, or even when it is stable like it is sort of now. However, there are some people who make profit when it is going down, like the people who short it, because they know that they will be capable of making a profit in ten folds if they could leverage their position when it is going down and seeing it go down means it usually will keep going down during the crash. So there are no seasons, it is just periods that fit you a bit better or not. |
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More adoption is expected in the nearest years, but as you had rightly iterated, there can't be 100% adoption of the coin. Even gold that was introduced over 4000BC ago still has around $12.250T market capitalization. This amount is way lower than the money circulating around the world.
Also, what many don't think about is that Bitcoin has its peg, which means that there is a limit to its circulation and only a few fractions of the world's population could hold the coin at a time.
This is another constraint even if more people want to adopt it with time.
Also this not really about "adoption". Adoption is when people start using it, this is awareness and I think 100% public awareness is possible, we are already at a high rate and there are people who respond "what is the capital of England" with an answer like "Europe?" so yeah, they won't know the difference without a doubt but anyone who should, will know the difference and majority already do. I think the best case would be just letting time fix this, the more time bitcoin is around, the more people will hear about it and then we will have a lot more people aware that one bitcoin is far more valuable than 100 dollars, just requires a bit more time. |
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Comparing two completely different things is pointless. You can't compare staking with dividends, nor stocks with Bitcoin. While they do share some similarities, they are completely different things. On top of that, there's never a guarantee, neither in receiving dividends nor from staking awards, since the market is quite volatile in both cases and the returns may vary. Bitcoin also isn't a comparable investment; it's an asset that doesn't yield steady returns. You're claiming that it doesn't require too much effort, but results aren't guaranteed either, while it may take years to pay off.
Why do you think they are two totally different things? Bitcoin (or crypto in general) is sort of like crypto, I wouldn't say they are completely the same thing but they are far more than two different things, they have a ton of similar stuff not just some, plus staking is exactly like dividends, you get a staking reward, or you get a dividend when you hold stocks. I think if you end up buying some tokens or coins, and stake it to make some money, you could even get a better return than these stocks as well, which is why I think its such an important and lovely thing, because otherwise it would have been something a lot less wonderful to go with stocks. |
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It is obvious that bitcoin can never remain in one state because it is the ability of bitcoin to sometime go up and in another time come down and this characteristics of bitcoin is useful for its holders. No one realize that what will be the worth of upcoming market.
Realization about cost is not possible but one can think about its ups and down situations. The Bitcoin's price can reduce but it cannot go down completely because if it dies no other coins will persists anymore as it is one of successful coin of cryptocurrency.
Volatility is the value of bitcoin that we have, if it was as stable as stablecoins, never changing any price, stuck to just 20k or something, then how could we make any profit from it? Obviously we need to make sure that we can profit from it as much as we can, and in order to do that we need to buy it when it's low and sell it when it is high, that's how you make a profit. I know that's not going to be an easy thing to hear, because people hate it when it goes down, and some people even sell when it goes down so they make a huge loss, so it's hard pill to swallow for them. But at the end of the day, we are talking about a situation where people could make a profit, maybe not that person, but another person will buy the coins they sold and they will sell that coin when the price goes very high. |
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We are here to invest for profit, I find it quite funny how many people worship bitcoin and overlook more great opportunities. I am not saying not to invest in bitcoin, but we should also look for opportunities other than bitcoin. I am sure that ETH in the next bull season will rise and give better returns than BTC.
I think the reason is that they are not entirely sure about the others, but they know bitcoin will go up. Ethereum is a bit outside of that, I trust it as much as I trust bitcoin, they are both equally legit in my mind and I do not see any reason why not to invest into ETH at all, that's a very good one. But, if we are talking about altcoins generally, I know bitcoin will go up, not as much as some tokens that go up x100 during the bull run, but it will go up, maybe even as much as x10 from the bottom (which was about 16k, so basically 160k) and that's great for me. However, I do not think that I would be able to pick the tokens that will go x100 and may pick the one that crash, so that's too much of a risk. |
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At this time there are too many Bounty Manager on Bitcointalk who managed bounty and also too much is new and there is little experience or knowledge about bounty, project, team as well as how to run bounty. These things are very important to bring good projects and promote on it. However, it is important to do your research about project and make sure that the project is legitimate and has a strong development team before participating. Also it depends good and successful Manager like Hhampuz, CryptopreneurBrainboss and irfan_pak10. Main thing when considering participating in a bounty campaign, you should also be aware of the risks involved. The value of new coins can be volatile, and there is always a risk that the coin or project will not succeed.
If you have a decent account, a legendary one or a hero member, then you can find a bounty or any other signature campaign that pays in bitcoin or stablecoins, which means that you are going to get paid one way or another and that won't be an issue and those big names will be the bounty manager for most of them. However, those are limited and not available for everyone, the amount of people who could get a slot on those places are limited to very few, and that is why many people look for bounties that pay with token. I would highly suggest go pick a charity thing for your signature instead of a token bounty, it's literally that bad at this point to be fair. |
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Most residents here in our country do not buy the food they need online. Because most of them are poor people and cannot afford to buy from such an online food shop, or delivery fast food.
Here, most of the time that kind of style is not practical, I'm just talking about real talk, maybe in other countries it's possible but I'm also sure that not all countries have that kind of status.
I think online one could be benefit to poor people even more. You could buy in bulk online, you could buy rice up to a ton in my nation for example, A TON, of course nobody would buy a ton of rice for personal use, that is usually for companies, but that is a proof that you could get cheap food if you want to. I personally do that, I buy three things mainly in bulk, and some other things that are condiments, one is rice, the other is pasta, and the third is potato. I buy these in bulk, and then stuff like salt, and pepper, and tomato etc etc, all in bulk as well but not as much, probably half as much, and this means I could live on 100$ a month of food, but it would be all the same food basically. I don't do that, I buy other food too, overspend on other days, but at least I got the food if I ever run out of money. |
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Using $ 1000 to make $5 per day is possible especially with the added ability and expertise in analyzing. It will probably make our profits even bigger. And our choice of trading also is not just one or two coins. We can trade more coins which will provide an opportunity to make additional profits.
If we only calculate the potential profit that we can get, it might be easy but the implementation might not be possible unless we want to take the time to learn more about trading and can improve our trading skills.
Possible and likely are not the same things. I agree that it is possible, it is also possible to make 100 dollars per day with 1000 dollars as well, you just need to make 10% and that is "possible" but is it likely? I do not think so. Someone new making 4x return in a single year with 1000 dollars is also possible but it is not likely. Don't get me wrong, I am not saying that it won't happen, or never happened or never will happen, I am sure someone will eventually do it, or maybe even did it, but just because one out of thousand tries happened to be a success, doesn't mean that will also be you. I would say having some more realistic expectations could be better. |
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With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
Ethereum miners are already thinking about alternative ways to generate electricity. They are no longer driven by electricity provided by the government. In general, they use solar electricity. This aims to avoid increased electricity bills. Automatically it is still profitable to mine Ethereum and Bitcoin. In addition, the high Bitcoin and Ethereum prices can cover the fees used during mining. However, this must be done for the long term. If Bitcoin or Ethereum miners cannot hold back the results of mining, of course the mining results obtained are not in accordance with the costs incurred. You are aware that ETH can't be mined right now right? I mean the ETH that we all know of is simply just a proof of stake at this moment, and will stay like that, there are forks and alternatives which can be mined, but the ETH that we know, the coin that is ranked second in the market, is a proof of stake one. However, I agree with the rest, the miners are using solar and wind energy a lot more these days and that's reasonable because at the end of the day we are talking about cheaper electricity in the long run, hell if they have any excess then they can even sell that. A wind farm that I know ended up using this method and making a good return for their excess energy. |
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This was a very unexpected result for Monaco. Troyes is one of the weakest teams in Ligue 1. It was unexpected that Monaco would lose points in this match. However, Troyes' performance against Monaco was not weak. Troyes played very well. And they definitely deserve 1 point in this match. Monaco should have performed more cautiously. Monaco would have been able to get full points in the match if they had kept their defense strong from the beginning of the match.
The spirit of the Troyes players at home was indeed very big and extraordinary so that Troyes was able to take the lead in the first half and then Monaco replied in the second half with a total of two goals through his player Wissam Ben Yedder in the 81st and also 83 minutes, but it was still not enough to bring Monaco to victory because Troyes' player Ike Ugbo was able to provide another goal for his team in 90+1 minutes and that was enough to bring Troyes to get one point at home. No matter how much the fans helped, it was the players that made it possible and I have to say that it was a unique game in the end and everyone played very well. I know that it is not going to change much in the end, and Troyes will end up with relegation no matter what they do, just 4 wins out of 26 games shows that they are bad at home too, it is not just away games that they are having troubles with, when a team has near 10% win rate, you do not really expect them to beat anyone, certainly not the team third in the league right now with 15 wins in 26 games and only 5 losses all year. That feels like an exception and not the rule, Troyes would lose 9 out of 10 against Monaco. |
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We all know, the presence of Al is very helpful for its users. Al can work efficiently and quickly, of course this is very profitable so that it can be used to help us employ him and productivity will increase. Plus, it helps minimize human error.
But in terms of predicting a match result, I still doubt it very much. because, sports cannot be predicted based solely on available statistics or data. each result, will be determined by the players who are competing. that is, anything can happen during a match or a battle is in progress. So, I really doubt if artificial intelligence technology can predict match results, especially if the results are very accurate. apparently, something I still find it hard to believe. but to get the data we need, to find the information we want, AI can be very reliable.
But at least we can see how high the chance we can get from the AI can be a consideration for us whether we will choose data from AI results or from our analysis results. What's important is that we know that everything still poses a risk to us, whatever we choose, and we should be able to determine what's best for us. Sports results can change even in the early minutes of the match starting and we should also be able to predict it based on the history they have played before. This can also help us in collecting more data and can decide later. Let's wait for the latest news from the developers who develop AI for sports betting. I think that's the point and that's how any AI prediction should be used. Get it to respond and maybe it will give you all the probability and all that, but then we are talking about still making a choice yourself. Like for example we could see an AI calculate the players, consider injured ones, consider the ratings of players when they played, or any replacement they will have, and how the opponent plays, and every single data and that could give us a good result, but then it should be us who can take it seriously or not. A machine that calculates odds based on every single possible information is good, but not as good as any human who has been doing this for years. |
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Cardano has been trying for a long time to build smart contracts on their chain but they are failing to launch their new products. But I also want to give them time because the value of its native token is increasing every year. Maybe they are going to bring us a different style of product which is taking so long.
Yes, and perhaps that what in their mind, I mean they have the support and consensus of the community and so they will always have to released this kind of roadmap to hype their project again and again. And it seems to be working though, so as long as they are going to be active, I just it's they are going to be fine and survived this bear market. And that is one thing, they wanted to have their new iteration released perhaps in the bull run to take advantage of it and have the investors pour money again, pushing a new all time high in the next coming years. I have a sense that they just write down some code, and next day they delete that code and just write it again to make it look like they are working on something. It has been years since they started working on this project and for years they haven't come close enough as some other projects that has been around much less time. I get that they might be working towards making it happen, but we all know that it is not going to end up with a good result if they are slow like this, just working hard means nothing if there is no result to show for. ADA probably has good intentions, team is probably working hard, but I feel like it won't mean anything in the end. |
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It is likely that the year will end with a higher price than on 31 December 2022, which was only 15,500. Firstly, because the price is already too low, and we are getting closer and closer to halving, there are more and more bitcoins mined, so due to supply and demand, it is normal for the price to rise above that low.
I don't expect us to enter the bull run until after the next halving, as has happened historically, so I would say that the most likely scenario is that by the end of the year we will be between 30 and 40 thousand.
That's the thing, we know that it will be higher than last year, but we do not know how much. First of all, we do not know if we are going to end up at the highest peak, like if it goes to 40k and drops to 30k, and ends with 30k then we do not know what the peak is and what the end will be, that's an important difference. Secondly we do not know the price at all, it will be above 15.5k I believe that too, but will it be 100k or will be 30k, I have absolutely no idea. As a long term investor that doesn't really matter to me all that much, but I do care about how people look at bitcoin and crypto, and the higher it is, the better people will look into it. |
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So my question is this: if people are more aware of crypto/ bitcoin and all these scams, why they are giving power to these "influencers" to earn more money and scam more people?
Because not all people are knowledgeable about Bitcoin (crypto in general), lack of knowledge is the problem that's why some of investors are believing these influencers and letting themselves become a victim of scam projects. They won't stop until there are people who believe what they say, unfortunately most of them are newbies in crypto. Moreover, even this forum is full of information about crypto, some people are not aware of its existence. Hence they're relying on other platforms that can provide informations of what they're looking for and probably these influencers are one of their sources. Isn't that a bit of a trouble on their behalf? Like all the information you need about crypto and bitcoin is available online, and if you have no knowledge about it and not seek it out, then it is a bit of your trouble to fall for an influencer and lose money, right? What people normally should do is to see this type of trouble, and then avoid it and try to learn what they should do, if they end up doing nothing at all and ending up with something much worse, then it's kind of their trouble at the current situation. I personally believe that the best thing to do would be learning, learn when you are new, but keep learning more if you can even when you are a veteran. |
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Seeing this post reminds me of how difficult I tried to send cash back home some weeks ago as they don't accept cashless in some regions. Reviewing the government's cashless policy in Nigeria has been one of the hash economic policy government has ever made since I have been here, despite the government trying to disable election manipulation, rigging, and buying of votes, didn't the same man win the election a few days ago and yet we are still suffering with the consequences, sometimes I wonder if its a crime to live as a Nigeria.
Crypto and Fiat are two things but of course, they can coexist together but they are two different entities, while one is free and fair without centralization, the government always tried to force their policy on people that is why people always disregard the fiat, the inflation we are dealing with everyday has questioned the merits of fiat over its demerits.
As someone who has never been to Nigeria or has anything to do with it, I can tell you that same is happening all around the world, same in my nation as well. We can CLEARLY see how terrible the government is, and yet they keep getting reelected, which sometimes confuses me a lot as well, like what is even the point of electing someone who we all know running the nation terribly, and making it harder to live here? But, I guess politics is something that is a bit confusing that way, in all over the world, it is not just small nations like us, Trump and Boris Johnson was elected too, and we all clearly saw they were bad too, and yet they were elected all the same. |
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If your emotions are under control, you can now focus solely on knowledge and improving your strategy to increase your trading winning percentage and find those trades that go your way, much like you can now filter out more of those tempting trades to find a sure one. I know controlling emotions is difficult, and other traders are also learning this because their trading plan isn't working well. But if you are under control, then you can only focus on backtesting your strategy and learning more.
Controlling emotions are difficult to a certain degree, but if after many months of trying, you can't still control your emotions, maybe the problem is not your emotions but who you are as a person. I believe that trading is "easy" in the sense that you could of course make a loss, even the best traders make a loss here and there, but what you need to do is obvious. If you do what you should be doing, then it's fine to lose sometimes. Learning what you should be doing and how you should be trading is not really that much of a difficult thing, and that is why I believe that we shouldn't be worried about the current situation at all, just focus on everything else. |
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Trading leverage but not having better skills will not give you the profit you want and will hurt you because you can lose all your capital quickly. It is natural for a trader to want to get big profits in trading. But he must realize that he must have better analytical skills to find the time to trade and close his trade.
And if I have $ 1000, maybe $ 5 per day is a good profit to earn, especially if the market situation is still uncertain as it is now. And I would be so grateful to get that $ 5 instead of me trying to chase bigger profits but having to wait until a few days or even a week or more.
That 5 dollars per day is actually pretty good when you consider how quickly you could grow. If you make about 0.5% per day, that means on 100th day you would have 500 dollars more, and that's not even counting exponentially, that 0.5 will become 7.5 dollars, and in another 100 days you would have 2250, and in another 100 days that would be 3300+ dollars, as you can see even before the year runs out, even if we just restock it every 100 days, it is already 3x for you and then we have another 65 days left for the year, which would make it 4k+ and 4x profit as well. That's what we need to consider when we are making these type of investments, small but consistent profits matter more than quick returns. |
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