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1061  Economy / Speculation / Re: Know your time to HOLD on: May 18, 2023, 08:23:28 PM
It is important to be patient when considering buying Bitcoin. Just because you have a target price in mind doesn't guarantee that it will be reached exactly. Market conditions are constantly changing, so it's necessary to make real-time decisions. If you believe that Bitcoin will consistently increase in value, it may not be the best investment for you. Additionally, waiting for a specific price to accumulate and then expecting a quick sell-off may not unfold as anticipated. There have been instances when Bitcoin starts to rise from our intended buying range, causing us to miss out. Therefore, it is crucial to conduct market research and determine the right time to buy and how long to hold the cryptocurrency.
1062  Bitcoin / Bitcoin Discussion / Re: Bitcoin is "dying". on: May 18, 2023, 08:13:35 PM
Your concern regarding Bitcoin is partially inaccurate. While it is true that Bitcoin is often treated as an investment asset and selling it without KYC can be challenging, it is important to recognize that the goal of Bitcoin is to facilitate peer-to-peer transactions without the need for intermediaries. Many individuals, including myself, have been utilizing Bitcoin as a payment method for various purposes. For instance, I have received payments for marketing-related jobs in Bitcoin, and numerous others have also been utilizing it in a similar manner. It appears that your perception of Bitcoin is skewed by viewing it solely as an investment asset. It is crucial to broaden your understanding and appreciate the broader potential of Bitcoin as a means of exchange.
1063  Other / Beginners & Help / Re: Overcoming my fear of bitcoin and online businesses on: May 17, 2023, 08:55:11 PM
It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.
1064  Bitcoin / Bitcoin Discussion / Re: I believe that Bitcoin will make me independent on: May 17, 2023, 08:43:59 PM
I empathize with the concern about your health conditions. However, it's inspiring to witness your confidence and faith in Bitcoin. I firmly believe that you won't be disappointed, but it's important to exercise patience. Investing in Bitcoin with your savings doesn't guarantee overnight multiplication of your funds. It requires time and waiting for the right opportunities. Looking at Bitcoin's historical performance should alleviate any fear. It has a track record of repeating its history, reaching new all-time highs repeatedly. So maintain your confidence that Bitcoin will be beneficial for you.
1065  Bitcoin / Bitcoin Discussion / Re: Some people started their BTC journey when things were more hopeless on: May 17, 2023, 08:34:29 PM
I think there is still an opportunity to acquire Bitcoin, even at this point in time. However, a challenge arises when even those who have a weaker belief in Bitcoin tend to panic when its price begins to decline. They hope to wait until it drops further so that they can buy at a lower price. However, the reality is quite different. There is no definitive bottom for Bitcoin's price at which you can confidently enter the market. Instead, you should consider any entry point as your own personal bottom. Additionally, it's necessary to exercise patience and wait for the right moment to take advantage of the price volatility and potentially make profits.
1066  Bitcoin / Bitcoin Discussion / Re: So when bitcoin version 2 satoshi? on: May 17, 2023, 08:26:35 PM
Why is there a need for a second version of Bitcoin when the original Bitcoin still exists? What are your thoughts on the perceived unfair distribution of Bitcoin? It's important to note that anyone can buy or sell Bitcoin, including through Bitcoin units that are accessible even with limited funds. Bitcoin is a decentralized cryptocurrency, allowing anyone to participate in its purchase. It's highly unlikely that Satoshi, the creator of Bitcoin, would undermine the existing Bitcoin system by introducing a second version.
1067  Bitcoin / Bitcoin Discussion / Re: I look foward to the day Bitcoin will have backer/tender on: May 16, 2023, 08:55:46 PM
Do you not see the potential for Bitcoin to exist solely as a digital currency? Being a digital cryptocurrency means that it exists in the virtual world without a physical counterpart. Thus, you cannot alter the fundamental rules governing cryptocurrencies. Regardless of the specific project you are considering, creating something like Bitcoin would make it centralized, which goes against its core principles. Given that the internet is rapidly expanding globally and we have become heavily reliant on internet connectivity, it is difficult to envision a world without it. Therefore, I believe there aren't significant concerns regarding Bitcoin.
1068  Bitcoin / Bitcoin Discussion / Re: How much does Bitcoin affect other cryptocurrency? on: May 15, 2023, 08:21:38 PM
Altcoins in the cryptocurrency market do not necessarily follow each other; rather, they tend to track Bitcoin's movements. When Bitcoin experiences price fluctuations, many altcoins react promptly, while others may follow suit at a later time. This phenomenon is evident during pump-and-dump scenarios as well. However, there are instances when altcoins behave differently, even when Bitcoin remains relatively stable. Nonetheless, it is not surprising that the overall market heavily relies on Bitcoin's movement, considering its prominent position within the cryptocurrency ecosystem.
1069  Bitcoin / Bitcoin Discussion / Re: My experience with memorizing seed phrases on: May 15, 2023, 08:15:41 PM
Since childhood, I have struggled with memorization, whether it be poems or any other information. Instead of relying on memory, I often grasp the theme and answer questions based on my own understanding. Consequently, memorizing a wallet seed phrase is undoubtedly challenging for me, though not entirely impossible. However, I am uncertain of the amount of time it would require, as my memory does not readily retain information.
1070  Bitcoin / Bitcoin Discussion / Re: Internet is one limitation of bitcoin on: May 15, 2023, 08:09:36 PM
Imagine a world without internet connectivity. In such a scenario, our ability to engage in online forums or any form of communication would come to a halt. Furthermore, even the fiat ecosystem, which relies heavily on digital transactions, would collapse without the internet. This reality applies equally to Bitcoin, as it too requires an internet connection to broadcast transactions. After all, Bitcoin is a digital currency that operates in a digital realm.
1071  Bitcoin / Bitcoin Discussion / Re: Bitcoin has become un-useable. Switch to altcoins or short sell on: May 15, 2023, 08:04:23 PM
I find it ridiculous to consider shifting from Bitcoin to altcoins solely due to transaction fees. I am hesitant to even think about such a move because I don't want to experience financial losses again. In the past, investing in low-quality coins has resulted in a significant loss for me. I have learned from my mistakes and have no intention of investing in such coins again. Just because Bitcoin has high transaction fees doesn't mean it is unusable. I find it perplexing that you would suggest Bitcoin is unusable while claiming altcoins are usable.
1072  Bitcoin / Bitcoin Discussion / Re: How to know a good bitcoin investors! on: May 14, 2023, 08:55:47 PM
I am not getting what you want to express exactly. A Bitcoin investor should be well-experienced and well Patience. Otherwise, they won't become a Bitcoin investor at all. I am talking about personal investment actually, not institutional investors. Because institutional investors are well-planned and won't regret their actions. Please write well instead of botted your thread. So we can realize what you want to explain.
1073  Bitcoin / Bitcoin Discussion / Re: My friend's investment in Bitcoin on: May 14, 2023, 08:44:34 PM
You provide sound advice when you mention the importance of explaining the potential risks of Bitcoin investment and emphasizing the need for secure storage. It is crucial to highlight that Bitcoin is not a get-rich-quick method and that patience is necessary to generate profits from it. Since the person in question has already invested, it would be beneficial to thoroughly explain how Bitcoin works, including technical aspects, in order to provide them with a comprehensive understanding.
1074  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 14, 2023, 07:41:51 PM
To be honest, I am not well-versed in copy trading. However, I find it highly unlikely that you can make $20 per day with an initial investment of $2000. It's difficult to predict with certainty that you will consistently profit in such a scenario. If the market charts indicate a downward trend, you may end up losing money instead of earning profits. I admit that I may not be fully informed about the specifics of copy trading, as my knowledge on the subject is limited and I haven't conducted thorough research on it.
1075  Bitcoin / Bitcoin Discussion / Re: You are still very early on: May 14, 2023, 07:37:09 PM
I strongly dislike individuals who consistently provide reasons why I can't accomplish certain things and so on. Similarly, I have a disdain for those who present various arguments against entering the Bitcoin market at this moment. However, they will eventually regret their stance. It is important to acknowledge that Bitcoin investment is not a shortcut to instant wealth; rather, it is an opportunity to capitalize on market volatility. Therefore, let's set aside all excuses and seize this chance. It is still not too late to get involved with Bitcoin.
1076  Bitcoin / Bitcoin Discussion / Re: Crypto Awareness: Bitcoin logos on T-Shirts on: May 13, 2023, 08:38:17 PM
In the realm of business, practicality takes precedence. Regardless of the legality of Bitcoin in a particular country, it should not hinder the utilization of its logo on T-shirts. Just like firearms are not legal for everyone, there are still T-shirts featuring gun logos or images readily available. Incorporating the Bitcoin logo on merchandise can contribute to greater outreach and help in spreading awareness about Bitcoin. This exposure can attract the attention of new individuals who may become curious about the logo and subsequently develop an interest in Bitcoin. Ultimately, it creates a mutually beneficial situation for all parties involved.
1077  Bitcoin / Bitcoin Discussion / Re: Don't follow the trends, work with price actions on: May 13, 2023, 08:31:48 PM
The approach to trading greatly varies from person to person, and it ultimately depends on your individual preferences. Different individuals employ diverse strategies, with some following trends while others rely on chart analysis. Personally, I have never adhered to unrealistic predictions and instead make decisions based on what I believe works best for me. I find it profitable to capitalize on market volatility, so I often observe the charts and monitor how they are behaving. I tend to hold my investments until I have achieved substantial profits.
1078  Bitcoin / Bitcoin Discussion / Re: Would you still do business with them? on: May 13, 2023, 08:25:19 PM
While we can't completely disregard centralized exchanges, it is advisable not to store significant funds on them. Due to liquidity concerns and the wider availability of trading pairs, centralized exchanges offer easier trading options. However, for security purposes, it is always preferable to utilize decentralized exchanges (DEX). Personally, I continue to use Binance for trading purposes, but I refrain from storing large amounts of funds there. In the past, I used Bittrex as my initial centralized exchange, and it's disheartening to hear about their potential bankruptcy filing.
1079  Other / Beginners & Help / Re: It's nice to be back here. on: May 09, 2023, 09:54:38 PM
It's great to hear that you returned to the world of cryptocurrency and learned valuable lessons along the way. If you had given up on your crypto journey, you might have lost all your invested funds permanently. I can relate to your experience as I also lost a significant amount of funds when I purchased certain altcoins that experienced a drastic decline and never rebounded. However, I didn't let that discourage me. I persevered in my crypto journey and gradually regained everything I had lost. Eventually, I became successful and established myself through crypto investments. Therefore, I encourage you not to lose hope and continue moving forward.
1080  Alternate cryptocurrencies / Altcoin Discussion / New trend PEPE ? Seems many projects Launching with PEPE Names. on: May 09, 2023, 09:49:02 PM
Have you observed the significant number of project launches featuring the name "PEPE"? If you check the recently added list on CoinMarketCap, you'll notice that approximately 90% of the project names include "pepe." Lately, meme coins have been experiencing a remarkable surge in market capitalization. What are your thoughts on meme coins and the prevailing trend of pepe-related projects? Personally, I wasn't initially a fan of meme coins, but it appears that they have gained considerable hype. I'm curious to know your opinion on meme coins as well. Have you invested in any of them?
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