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1121  Other / Archival / Re: How to manage bitcoin correctly? on: August 01, 2023, 08:06:32 PM
When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.
When the price of Bitcoin reached its peak, it was worth $69,000. But the price of Bitcoin has fallen again and again while turning from a bull market to a bear market. And when the Bitcoin market rose from that high, those who invested expected it to rise further and they expected to make a profit. But since you haven't sold that bitcoin investment over the years, it's definitely a good move for you. At the moment the price of bitcoin is $30000 dollars but we can expect that in the next year the price of bitcoin will definitely go to a better position. And since you're not interested in selling bitcoins, you hold onto them until the bull market hits you.
The expectation of some investors lured them into loss, some people who purchased bitcoin when the price is low or its on bearish will expected the market to continue flourishing, so I believe that the price that is on bearish investors who happened to invest their money will like to make profit times two higher than the normal price the bought, so the problem of some investors is greediness, like as op narrated, its obvious that makes op did not sell out of it's coin them should be that it was expecting bitcoin to go higher than the figure of bitcoin price op rendered or presented, I believe that op is aware that if it happens to sell out it bitcoin now it may be lost, shall it depends on the value of bitcoin during the time it invested in bitcoin.
1122  Bitcoin / Bitcoin Discussion / Re: What are your reasons for adopting cryptocurrency? on: August 01, 2023, 07:32:51 PM
Bitcoin offers lower transaction fees than traditional online payment systems. It's decentralised providing potential for high returns and independence from government interference. It allows for easy & fast transactions internationally with transparency and anonymity. Bitcoin can also be a hedge against inflation or economic instability.
When you low fees it can be argued because when making transactions with fiat currency which is a traditional currency in other ways round, I may say that fee of bitcoin transaction is not lesser than fiat currency, but we should consider is the aspect of faster transaction between traditional currency and cryptocurrency and especially bitcoin, we can say that bitcoin transaction is intercontinental kind of transaction and it be that bitcoin transaction might be delay due to network challenges, but I will testify that bitcoin transaction is faster than the one of fiat currency. In summary bitcoin can be transferred from one country to another country because the fees are same in any country, if done a mistake by portraying these points of mine, you can add your suggestions to correct me.
1123  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 01, 2023, 07:17:17 PM
Hay mate, let me ask you a quick question,  since you put a time frame to your sell position, what happens in the event the Bitcoin price at that time become lower than your bought position?
I know how unpredictable Bitcoin has been, but it is important to note that Bitcoin supplies reduce at each half.
Op don't need to be assuming or thinking of when the he or her bitcoin will be sell, the only thing that is getting op confusing is that it doesn't have a target when it will likely get into before it sell, and secondly an investor should be able to know the exact time it will sell it bitcoin, by knowing the amount was bitcoin or any other of it's cryptocurrency investor before it purchase and store, so when you know the amount the coin you purchased, then you definitely have a specification of price of bitcoin when it will increase to before you sell, so therefore as you are selling bitcoin it's obvious that you will know your profit margins with your capitals. That's while it's reasonable enough to keep records of your investment business so that you will know when you at the positive side or negative side.
1124  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 01, 2023, 02:11:44 PM
According to your scenario it assumed that you have already purchased bitcoin previously and you contemplating when to sell and when not to sell your bitcoin. I want to inform you that bitcoin is not been sell by the year, what you should have done is to have a target or to know exactly what is your target for your prolonged bitcoin investment so that you can't miss out your profit, its good to have a profit target in any investment especially in bitcoin, so therefore I believe that sometimes when the year runs the value of bitcoin neither depreciate or appreciate so the profit gaining or earning of bitcoin is not been determined or dependent on the amount of the incoming and outgoing year. The value of bitcoin is dependent on the marketcap, so the gravity of the demand and the supply of bitcoin, when you have calculated the amount you purchase your coin and have a target and immediately the value of bitcoin get to such value you can cash out your coin. So that my contribution over your investment.
1125  Bitcoin / Bitcoin Discussion / Re: What are your reasons for adopting cryptocurrency? on: August 01, 2023, 01:48:59 PM
Lately majority of people find theirselves within the crypto space, but many of them do not really understand the actual reasons for adopting crypto currency other than to make profit, what are your own reasons for adopting cryptocurrency?
I want to let you to comprehend that cryptocurrency is a digital currency and same time a decentralized currency, and bitcoin in particular is part of cryptocurrency and bitcoin is the major reasons while people adopt cryptocurrency, so from my understanding concerning bitcoin I will say that the reason while people do adopt bitcoin is as result of bitcoin independent kind of currency and its virtual currency, so government have no power over controlling or regulating bitcoin across every countries, it can be allow to be regulated in only in a country that devalue bitcoin, so the essence of people investing in bitcoin is because it doesn't have a third party during the investment, so people do invest with cryptocurrencies and mostly bitcoin because of its privacy. And while cryptocurrency is not been adopted generally across other nations is that government is having the mindset that bitcoin or any other sub bitcoins can be use for money laundering act, that is the reason I sense that is making bitcoin not to be fully legalized and adopted. Some persons invested in bitcoin with fair and that's when information of bitcoin goes negative many investors  go in rush to cash out their funds.
1126  Economy / Trading Discussion / Re: Advice for newbies on: August 01, 2023, 01:29:17 PM
Same with me, trading is very difficult to understand in a day or within a short period of time,because even the professional traders are still running at loss when they is a change in the price of bitcoin. I don't think that I would be able to understand readings since each time I try to trade,I run at loss. But I took into consideration to use the money that I can afford to lose that is why I am not mad at myself yet. Newbies just  believes that trading is something that you can start and make huge profit without any market strategy. Trading is like gambling and the possibilities of running at loss is higher than that of making profit.
Nobody who is into trading that doesn't know exactly that trading have advantages and disadvantages, during acquiring of trading knowledge you have to understand that whenever you trading you won't understand all methods again what trading needs is consistent practice, so I believe that even those we assume that are professional in trading do experience lose whenever they fail to take precautions in trading. So on me, I believe that before anyone should go trading you have understand the system of trading. I have said this severally that while some lose money in trading is due to inability to exercise patients and comprehend the necessary strategies that leads to achieve success in trading, some people do rush and venture into trading without knowing the rudiments of Trading and that is one of the factors that makes them to lose their funds. Its good to learn properly before trading and also know that constant trading will enlighten you more.
1127  Economy / Trading Discussion / Re: Time to buy or sell? on: July 31, 2023, 10:55:39 PM
At the monent, it's definitely time to buy!
It's bear market and hopefully crypto will go up as soon as leaves become yellow
Actually its not really a bearish season what happened is just a correction in which I know quite well that it will later accelerate,  when looking at Bitcoin price this year its obvious that the price will rise again, but it's very encouraging that someone who is also into short investment can perfectly utililize this opportunity and purchase more of bitcoin and dump whenever Bitcoin price accelerate with 2x it will sell and make profit, I believe that so many have already done that and be waiting for bitcoin price, because I believe that bitcoin price any slide drop of its price people benefit from it and also people lose from it, its nice opportunity for people who have spare money to invest now in bitcoin and be targeting the next bullish market by end of this year 2023 and the beginning of 2024, so I know quite well that bitcoin will still surprised some investors who does not believe that soon we shall experience a bullish market, from my perspective bitcoin will have different volumes of increment by next year.
1128  Economy / Trading Discussion / Re: Advice for newbies on: July 31, 2023, 10:38:55 PM
It is not advisable for a newbie to just enter crypto trading without knowing anything about it. Because trading is not as easy to understand as others here think. the lesson here is to research it. because if others rush to carry out trading without enough knowledge and experience because you force yourself to do it, for sure the investment capital you will use here will be wasted in the end.
Not knowing anything in cryptocurrency trading has been one of the major factors that makes newbies to venture into the disadvantages part of trading, actually its very it's very necessary important to ensure that trading have peruse or scrutinised trading before any other things, I know quite well that in trading you have to learn and understand the basics things of trading before you can propagate or become prosperous in trading, so this is one the things I believe that someone who want to venture into Trading should know properly before venturing into Trading, one thing someone should also know in trading is that learning is the major key of trading and it's the beginning of profits in trading and the beginning of loss in trading if you don't know the preamble of trading. Many people even newbie stopped trading because of the lost they experienced and assuming they have guidance like bitcointalk forum especially this trading section or board they would have known some strategies that is involve in trading. Many people who did not exercise a patient and rush into Trading end up of losing their capital in which is not proper to a beginner to start recording loses at early stages.
1129  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: July 31, 2023, 09:49:33 AM
In my personal view, social media plays a significant role in the cryptocurrency world, second only to exchanges. The wealthiest individuals in cryptocurrency are often exchange owners due to the influence they hold. Manipulative activities are often associated with social media, and being listed on top exchanges can overshadow the need for a coin to have practical use cases. For instance, SONM, a project on Binance whose team has left, continues to generate profits for holders solely because Binance chose to retain it. This illustrates the crucial role that exchanges play at the core of the cryptocurrency space
Your point is very clear and i understand that social media take serious impact in making cryptocurrency to be influential, so any cryptocurrency project that is new, if the person that projecting the project don't use social media to make to be known an exchange that doesn't have influence can list it, but from my experience in a big exchange before Binance list a coin, the coin most have gotten influence or awareness by people before it can be listed their platform. What i understand in cryptocurrency projects is that the awareness of a project determine if an exchange will enlist it or not.

1130  Economy / Trading Discussion / Re: Is copy trading a viable option for newcomers? on: July 31, 2023, 09:33:20 AM
Copy trading has gained immense popularity in the crypto industry since its introduction. Bitget, being one of the pioneers in this field, remains one of the largest platforms for copy trading cryptocurrencies. Many consider it an appealing choice for beginners, but is it truly effective for those who are new to trading?
I have seen numerous kind of this thread and many of forum members have discussed this before now, so therefore i believe that this will look like repeating of previous suggestions rendered in same thread. Nevertheless I will like you to know that copying a trade is good but it will deprived you a lot and that alot it will deprived you is something alot that you suppose to know on your own without using another person methods of trading. From my perspective it's acknowledging to learn on your own on how to trade because trading without knowledge will make you to lose, it's encouraging that whosoever that wants to engage itself in trading have to advocate time to acquire the knowledge of trading without depending on another person knowledge. A beginner can learn trading through YouTube video and accomplish it with manual learning and with consistent practice of trading with small amount of capital's so that when a loss manifest or occurs it will not affect the trader, but newbies tries their luck and go into trading with surplus amount of capital and when they lose they will start castigations in trading.

In summary: it's good to learn and understand trading before venturing into trading, so therefore trading is something that deals with understanding and carefulness.
1131  Other / Meta / Re: Charles-Tim merit source application + Nigerian local board on: July 30, 2023, 12:07:50 PM
Nigerian have a diverse language's and the language is been speak according to the geopolitical region and it breaks down into three official language's, so therefore Nigerian is a country of multiple language's and that is pidgin English is been introduced to country, and it's obvious that the pidgin English is been mixed with English language before it can be well understood.

When you take a good look at Nigeria board you know that they seriously need at least merits sources and I have seen that one Nigerian have applied for merit sources and it has not been approved and when looking at it you will see that many Nigerians lacks growths because their is no merit sources in the board that's except brainboss and that's while many of Nigerian lacks growths, I think forum have to look it very and approve a merit sources in nigeria board.
1132  Economy / Speculation / Re: Hold coin on: July 30, 2023, 11:43:39 AM
what would you do if you got money? 
which coin do you prefer to hold for long-term or short term and what do you expect from your portfolio?
Their is no coin that is higher than bitcoin and if we should hold a coin for long term it should be bitcoin because bitcoin have very good potential and that is while people hold bitcoin more than any other coin. And its good to know your plan of investment before you can conclude if you will go in long term investment or short term investment in cryptocurrency and more especially bitcoin, sometimes the longer is the long you hold your bitcoin is more you gain profits in the investment, some time you can buy a coin when the price is low and hold until it enters bullish market and you makes your profits, I can't advice anyone to go into long term investment or short investment when the capital using to invest is not it spare money. It's very good that you have to use your spare money to go for any of this investment I mentioned.

The aspect of sub-coins which can be referred as altcoins I will encourage whosoever that is into such investment specification, been altcoins to run such investment short term depending the kind of the project, and we need to investigate properly in altcoins investment before we invest because altcoins many of them does not survive bearish season and that is while it's encouraging to invest shortly in any altcoins so that you won't be at disadvantages in the investment.
1133  Other / Beginners & Help / Re: Active members are promoting Bitcoin mixers, betting or casino. Lmao. on: July 30, 2023, 07:53:52 AM
Just joined BitcoinTalk forum and I must say, I'm quite surprised to see that it has turned into a place where 50% of the forum active members are promoting Bitcoin mixers, betting or casinos. Was hoping for more discussions on the technology and its possibilities.
I have not seen anything wrong promoting mixer and other casino, if you have a cogent point while people should not promote mixer you have to portray to the hearing of the public, so I believe that you have make a research well and make your findings to be more active before you can make a point. I will like you to concentrate on your account and make more observations of the forum and make sure your innovation is been known and also get emulated by some other forum members. So discussing such kind of issues of promoting mixer site you have to get more positive and negative informations about mixer so that you can defend yourself base on your point of view
1134  Other / Beginners & Help / Re: Which of this is plagiarism ? on: July 30, 2023, 07:39:15 AM
Plagiarism is a very big crime in the forum
It is not tolerated in tue forum but it is not a crime. Crime is too serious and Plagiarism is not a kind of serious crime.

You plagiarised and your posts are reported, you consequently will be banned.

Crime is a commitment of someone either intentionally and unintentionally, so anything that make you to get banned in the forum is a crime,  I don't know what you understand by a crime and how you define your own crime, because I believe that without abiding on the rules and regulations of the forum we are automatically or basically on crime of the that can result out many things, some people has be ban on the forum in the respect of committing plagiarism and they later get unban depending the mistakes of the person, theirs is some plagiarism that the mod can be consider unintentional and when numerous members solicits on behalf of the user it can get unban, but if the commitment is obvious in which everyone have detect that the gravity of your plagiarism is intentional it will remain unban because the user have disobeyed the rules and regulations of the forum. That is while its called crime because you disobeyed the rules. When someone first registered in community and the link that will given to person by other members is to read the rules and regulations of forum.
1135  Other / Beginners & Help / Re: I'm new here on Bitcointalk because Bitcointalk is important for Bitcoin on: July 30, 2023, 07:15:04 AM
Welcome to bitcointalk community, but as a Newbie you have to know your objectives while you are here. To explore in the community of bitcointalk you have observed the forum very well and follow the methods of other newbies who have already achieve a milestone, I will encourage you to read the previous threads created by the forum members and also abide on the rules and regulations of the forum, so I believe that you will read through the links presented by forum to know the things concerning bitcointalk. And secondly we have different segment were you can participate in the forum discussions, but I will like you to join a discussion or conversation you understand the discussion. A newbie doesn't mean that you will not have a contribution to the community, but at least you have to scruntinize the system before engaging in a conversation and that will elevate you more, observation should be a primary tax every newbie should know quite well.some of the newbie have end backsliding because the did not follow the guidelines of the forum and they end up committing crime of the forum, so I will like you not to be party of that by taking time to observe the forum.
1136  Other / Beginners & Help / Re: Does ranking not guarantee post quality? on: July 30, 2023, 06:15:51 AM
Sometimes I feel these high ranked members are just feeling too lazy because they have Been here for a while and they just say or should I type out anything they feel owning to fact they have been here for long time so no one pays attention to what they do since most of the snr gamblers here have so  already felt safe prior to the  past glory of theirs stay here
When you say high ranked members are been lazy or feeling too relaxed to make post I personally will disagree with you, some of high ranked members who is not even in signatures are even making more quality post than some people, a quality posts is not about how ambiguous is your content or your composition, a quality posts from my perspective is a post that is very meaningful and is educating to others member's been a higher ranked or low rank, many older user doesn't been inquisitive to answer a question without understanding the content but newbies will make a very large post with a meaningless points that can not help in solving problems, so therefore we cannot conclude that those kinds of post are quality posts. Some people seems a large post especially newbies as a quality posts, from my theory if your comment lack understanding and direction is obvious that is not a quality.

I will encourage us to desist of making pointless comments that is meaningful with big comments, its better to make three to four lines comments with cogent point, what the forum needs mostly is to understand your point of view, not numerous comments without value.
1137  Economy / Trading Discussion / Re: Is This How You Short A Crypto Coin? on: July 28, 2023, 07:36:32 AM

For example, let's say I believe BTC will go down. So I BUY BTC. And then I wait for it to go down and then SELL.
Don't I lose money?
Of course you lose money if you do it this way bud, lol.
Making money from trading crypto is the other way around, that is , if you believe the price of the coin will go up, you wait find a good price when its down and buy in, then wait for the price to go up and then sell, when you buy when the price is low and sell at a higher price, that is how you make profit, but if you buy at a particular price and end up selling it at a price that is lower than the price you bought, you lose money.
Some people don't study the rudiments of Trading before they venture into trading, in normal circumstances if you want to make a profit in trading you most target when the price is downgrading, and make purchase and expecting to make a profit when the price happens to rise, in trading it's all about rising and falling that determine profit making and loss making also, so you have to take precautions and know the basics things of trading before investing, while some of us today runs into losse is as result of not acquiring the knowledge of trading and also not be acquainted with the rules and regulations of trading, so for we to trade out profit instead of losing our capital in trading, we need to advocate time and learn the primary things of trading.
1138  Economy / Speculation / Re: How did you see BTC in future? on: July 28, 2023, 07:13:30 AM
BTC prediction in years 2023, 2024 and 2025

According to my opinion In 2023, the price of the BTC reached $40k expected at the end of the year and the average movement price is between $25k to $28k.
 Bitcoin price prediction will continue to rise during 2024 the price of BTC between $50k to $60k and the average moving line of BTC is $55k 2025 also expected that
the Bitcoin price prediction that will continue to rise in the year 2025 where I expect that BTC will brake the ATH and build a new ATH on $100k.

I don't know if I will say that I was disappointed. On seeing a very nice title like "How do you see BTC in the future", I was expecting the OP to discuss about the future of BTC. Maybe whether it will continue to exist or not, whether it will become totally an investment asset instead of currency, whether it will become a global reserve currency.
But going through the body of the post, I understood it's talking about price prediction. Then I understood why the topic is not in bitcoin discussion.
Many of us doesn't consider the future of bitcoin but they only focus on the price predictions, bitcoin technology can fail anytime and that will be the end of bitcoin, its also possible that another technology may come out and take the position of bitcoin in future, but investors strictly focus on the predictions price of bitcoin which is may say that they assuming, because I know that it's difficult before will people who predicts the price of  bitcoin with a graph analysis of how bitcoin will become promising in next month and next year 2024, so many of the predictions doesn't not have proof to back it up, it's just like discussion and suggestions without a cogent reasons, I said before that I don't believe on the predictions of people I depend on my ability to interpret the existence of bitcoin and interpretation of movement of candle sticks  that determine the increase ratio of bitcoin and decrease ratios of bitcoin. If the technology of bitcoin continue moving on good frequency and run for more additional twelve (12) years, it can be said that bitcoin come to stay.
1139  Economy / Speculation / Re: If bitcoin will accepted worldwide for legal then price rising $100k?? on: July 28, 2023, 06:56:03 AM
If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?
In normal circumstances you quite well that it can be adopted, bitcoin is not old enough to be known and adopt as legal tender, at least it needs more awareness to be legalized as a legal tender across the nation's. I will support you because its obvious that what makes bitcoin to increase in high frequency is as result of massive adoption, but from my perspective I'm not expecting bitcoin to be accepted as legal tender to all countries by now. Its obvious as I portray initially that is new currency it will take time before people will leave their traditional currency and adopt a virtual currency that is not up twenty five years in existence, so bitcoin still have long ways to go  before it can be generally accepted as a legal across all nation's. Concerning the increment of bitcoin, I always make this emphasises that what makes bitcoin to rise is as result of the demand which is the investors of bitcoin, when the demands is high the price of bitcoin  will accelerate,  so many people have taken note of that. Because many countries may know bitcoin they are not interested to invest that means the price will still remain adamant.
1140  Economy / Speculation / Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible? on: July 27, 2023, 10:34:29 PM
This is my instinct rather than a professional analysis.

Did I hear someone say instinct does not work in trading? My friend, it does work. My trading instinct works 90%, especially for long-term trading because I live my life in the world of trading, even what happens in trading is being seen in my dreams at times, so trading is more than what we think.
Let say that your instinct can come to reality whenever you work on your directions and I believe that in trading or long term investment what will make you to venture into loss and also make a profit is base on your decision, some doesn't take a decision before venturing into investment, for us to make profit you most have target in your investment either in long term or short term investment, so I believe that its when your dream will manifest its when you follow your instinct. But I will encourage any investor to have a target.

That aside, this is an instinct, not a dream or anything. I've been having this instinct since November 2022 when Bitcoin was still challenged and facing bearish pressure. However, the first part is fulfilled by the market changing trend and moving closer to the levels.
I this aspect of investment, your dream can make you to land on positive side during and I believe that investing in bitcoin it have a potential than any other cryptocurrencies, so it's encouraging to purchase bitcoin whenever the price is low and if the price bitcoin is of low rate you purchase and invest for long term investment instead of short term mostly according your instinct " that's your tune lol"

Do you guys believe it would surpass $35k-37k this year?

Although Bitcoin is currently bullish and no speculation is perfect, still, this a tough task, for me, despite getting closer to the levels daily.
Actually the price of bitcoin since this year 2023 is appreciating and it have not go below twenty eight thousand, twenty nine thousand to thirty thousand (28k-29k-30k) so the price is accelerating and their is every tendency that the price of bitcoin might increase above the price you mentioned, and be aware that what increase the price of bitcoin is as result of the gravity of the demands in the market, so if their no positive information concerning bitcoin in a particular year and a negative information speculate more than the positive information it brings the price of bitcoin down, so nobody can predict the price of bitcoin  hundred percent (💯) accurate. So when predict the market changes, that's while I don't believe in predictions.
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