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1141  Economy / Speculation / Re: How did you see BTC in future? on: July 27, 2023, 10:08:16 PM
I am not even going to talk about bitcoin's price for 2023. My outlook is already on 2024 because we are expecting the halving and the halving with take the price up. Based on analysis and the observed historical patterns, Bitcoin price predictions for  2024 could be around $60,000, $80,000, and $100,000. In 2025 my Bitcoin price prediction could be around $238,000, $117,000, $333,000, and $571,000.
I well say that whatever we are saying concerning bitcoin price next year is just assumptions, because predictions of human over bitcoin always go wrong, what we should know concerning bitcoin speculation is that we most have a different information that looks real but not real. It's obvious that bitcoin price rise to certain point or price that's unexpected due to the demand of bitcoin at that particular point in time, we can't start this year 2023 to predict the particular price point bitcoin should ascertain next of 2024.

Many people has done this kind of predictions of bitcoin in previous year that bitcoin will rise to a certain point but all be in vain, the only thing I can see quite well that triggers the rise of bitcoin is when it possess a tangible information, right now the force that is behind bitcoin increment is from positive and negative information or speculation from the market, when demand is higher than supply it triggers the increment of bitcoin.

So next year 2024 nobody have known if bitcoin price will accelerate more than the current price of bitcoin in 2023, so I don't believe on mere speculation and untrue analysis given by people concerning bitcoin price, let assume that bitcoin price will propagate in 2024 but let us not make the price to be specific because bitcoin can increase and it can also decrease depending on the marketcap, those if figures we assume that bitcoin can clamp in 2024 their is every tendency that the price will depreciate to a level that is unbelievable and unbearable, but it's not our wish.

In summary : I will want us to study the chart, the movement of candle sticks of a chart before we make predictions of bitcoin next increment and decrement.
1142  Other / Beginners & Help / Re: Getting started : Guide me on: July 25, 2023, 10:33:06 PM
What I will give you is words of encouragement because I know quit well that bitcoin is all about constant learning, in this forum and your thread as well you will undergoes many guidelines render by different people but as a learner you have to take your time to read all the suggestions or comments of people for their point of view,  for you to grow in the forum you most take adequate care by understanding the procedures and the rudiments of terms and conditions of the forum, I know that many people have give you the clue to follow, and ensure that you observe the system and also accept corrections and also read all the pin 📍 posts and respond to the comments you understand the area of the concentration, don't jump to conversation without comprehending its point so that you will not respond to off topic.
1143  Other / Beginners & Help / Re: The Impact of Bitcointalk forum in our lives on: July 25, 2023, 10:24:20 PM
I do make this comment always that bitcointalk is like a university were we learn the knowledge of bitcoin and I believe that the knowledge we acquire here is free, if we should learn about Bitcoin technology and development out the forum it will take us so many years to understand what bitcoin is all about  but the forum make it so easy and understandable to us to understand what bitcoin is all about, many people doesn't know that the difference between the forum and a higher institution is because a higher is a place to learn and acquire a versatile knowledge while in bitcointalk we only be specific to bitcoin development and it's technology.
1144  Economy / Economics / Re: Population: Economic strength or weakness on: July 25, 2023, 09:56:53 PM
One of the reason while some of the over populated countries are under developed is as result of lack of management and unemployment to the nation, because they can not control the numbers of individuals living in their environment per say, so I believe that many people who have over population always have inflation and what means a country not have not developed is based on the economy of the country.
1145  Economy / Economics / Re: Pool strategy of investment for wealth multiplication. on: July 25, 2023, 08:32:47 PM
Yes, the pool strategy of investment doesn't refer to the game of pool, but a method in which a group of persons can come together to agree on combining their funds to invest in a business or acquire asset that is evenly shared or divided among themselves.
Sometimes to have a Cooperation is good but I believe in one man squad in any business any business or investment that is above two individuals always result out negatively at the end because one person most be claim to be superior among others and they most be definitely cheaters in a cooperative business. My advice to people who want to combine and get a one particular asset is that you most at least try on your own to ensure that you have raised a little fund to start a personal business instead of depending on a joint business, because one person might made away with everyone effort because of greediness, on my own personally I don't agree in such that I can combine with people especially my friends to establish a firm, because I know quite well that at end the business will separation among us.
1146  Economy / Economics / Re: Im looking for traders and financial people to join with me on: July 25, 2023, 08:20:49 PM
Their is something I want to let you understand op, it seems that you are new and maybe you have the pre knowledge of cryptocurrency trading and I will encourage you to establish your own without merging with people you don't know or tye one you know, sometimes merging with people to trade always bring misunderstandings between friends because they might experience lost and they will accused one that he made them to venture into lost, because in trading it requires decisions and that decisions shall be take and it may result negative or positive if the decision is been taken,so while I said that trade is for one individual not a combined effort is because of the disadvantages in trading so that when lose manifest nobody will be blame except yourself. And when mistakes occur you can easily identify it.
1147  Economy / Speculation / Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible? on: July 25, 2023, 01:52:13 PM
I have sell orders at similar levels. I expect a sharp decline after Bitcoin reaches those levels or goes up a little more. The fact that it has stayed at 30k lately and that its price has resisted falling shows this. Of course, I'm not sure about this, but I made my own decision this way.

What I'm not sure about is what level it will drop to. I don't think it will go as low as 20k but anything is possible in this market.
I do not have any orders because I do not take profit, I keep investing as much as possible and that makes it a lot more important. I believe that it is going to end up with a situation where it will take some time and because of that we are going to have to face the reality that it will take some time before people could see some changes in the end.
It's good for investment for you to watch your investment and cash out the profit because sometimes when we are greedy or want to multiply our profit in the investment i think that lured some of us into lose, when you invest you don't need to make a profit continuously, what i really understand in the investment of bitcoins is that when the opportunity of profit comes try as possible to utilize the opportunity because when expecting double or triple the profit in your investment it will trigger you to keep your already made profit, remember that investment is all about risk and it's real that the profit you realize today in your it's possible that in the next 2hours you might lose it all.
1148  Economy / Speculation / Re: BTC 100K FOR 2024 ! on: July 25, 2023, 01:15:48 PM
I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
Despite that this thread has been old and equating the value of Bitcoin now to last year what we experience last you it's more of Bitcoin get positive in value compare to before, what I know is that everything we are discussing now is based on assumption and speculation and Bitcoin might reach sixty thousand in value and if probably it doesn't not meet to reach such value this year definitely with the adoption of bitcoins i think it will experience forty thousand (40k) in value if I'm not mistaken.
1149  Economy / Speculation / Re: $30000 is becoming the resistant price on: July 25, 2023, 01:09:02 PM
Personally , I think we won't hold the 29k mark by the end of the summer and a flash drop towards 27k might happened. The summer cycle have always been tricky with BTC price and I never remember a summer with Bitcoin going up during a bear market but those who will hold , they'll do the best choice as it's too risky to actually predict how low can BTC go from here as 30k seems a bit hard to achieve right now.

Many people are expecting bitcoin to cross $31k and hit $33k or $35k, and I've prepared more USDT. I like to go against the crowd and I think like you, bitcoin will probably correct towards the 26k-27k level instead of continuing to rise as many are expecting. Bitcoin has barely had any significant movement over the past week, and I expect it to correct with the next Fed rate hike soon.
That's to indicate that Bitcoin price is rational and it's unpredictable, bitcoin might seriously experiencing degradation in value as a means of corrections because what i noticed in Bitcoin is that it only appreciate in value whenever the gravity of the demand is higher than the supply and it's obvious that in this year 2023 many people invested in Bitcoin because of some country inflation and it might be one of the reasons while Bitcoin experience a little acceleration. So therefore, theirs every tendency bitcoin may reach thirty five thousand (35k) this year depending on the investor's that will invest in Bitcoin that will make the price to skyrocket, throughout this year it has been between thirty thousand to thirty one thousand (30-31) in value.
1150  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: July 25, 2023, 12:59:53 PM
Quote
What do you think Bitcoin Market Need Promotes for Price up ?

Bitcoin is not a new project or some kind of altcoin that requires promotion in order to create awareness, and that awareness is what brings in more people to invest in the project.
 
Bitcoin is already self-promoting itself; all it needs now is steady growth in mass adoption. Let its usage increase, which will increase its demand, and the price will definitely reflect positively on that.
Actually you are of good point it's obvious that Bitcoin still need promotion and promoting bitcoin has been going on in different social media platform unaware, because anyone who made mentioned of Bitcoin on it page on Instagram and any other social media is promoting bitcoin, because what I know quite well is that Bitcoin is that have not gotten everywhere, their is some certain region that doesn't know of Bitcoin and they are still myopic concerning bitcoin so with this round broadcasting of bitcoins i think the information of Bitcoin might circulate to those environment or region. In aspect of altcoin, some of them are new projects and they needed consistent promotion to get known in the society, so we can't compare the measure of Bitcoin promotion to a new coin promotion.
1151  Economy / Speculation / Re: $30000 is becoming the resistant price on: July 25, 2023, 12:48:30 PM
It's only temporary. I think it will continue until Saturdays. Some Altcoins are pumping while Btc is raging. If someone plays short-term it is highly recommended to use SL (Stop Loss) to minimize risk, because there are no perfect indicators/scripts. But, if long term. it's still safe. because if you enter this month the difference between the purchase price and the decrease is not too big a percentage and don't forget to always pay attention to the Time Frame - 4 Hour movement and prepare funds to buy Bitcoin in the range of $ 28,500 - $ 29,000.
Their no amount of pumping experience of altcoin that will determine or triggered me to invest in altcoin for long term, their something I want to understand very well concerning altcoin investment, if you want to invest with altcoin i think the best to do is ensure that you have venture into short term investment.  Bitcoin is something I know quite well because the investment is profitable at any point in time, so whenever you invest in Bitcoin you will sure make a profit depending on how long is you invest or you place your investment, so i believe any invest the profit is been determined by the increase of the coin you invest in at particular point. That is while many people such much love in investing in Bitcoin knowing that the investment might result positive because Bitcoin rise and fall and when you exercise patient and wait till bullish time you will definitely make a profit for your investment.
1152  Bitcoin / Bitcoin Discussion / Re: Why are you not hodling on: July 25, 2023, 08:04:32 AM
For example, I use altcoins for trading, and I buy bitcoin for the profit received, or in some cases, if I see that the altcoin can grow further, then I try to increase the number of tokens for some time, but in the end, the ultimate goal will be to sell them and buy bitcoin.
That to say you have already know the rudiments of investment and trading, so if you continuously trade in such it will be difficult before you experience lose, not everyone especially the beginners can apply the wisdom you use in such investment and trading, using altcoin for trading and using bitcoin for investment, that means you're consistent in trading and should make you to know when altcoin is promising and when you notice that you add more to make more profit.
1153  Other / Off-topic / Re: A warning against cheating and lending to a trusted friend on: July 25, 2023, 07:56:59 AM
Despite that it took me long time to understand your narrative after reading consecutively to understand you. At last part of the story that the friend of your cousin said that it has paid your cousin long time ago" did you ask your cousin if it was owning the friend long time ago before your cousin borrowed the friend 800$" because someone you helped in business or in a trade to became successful and the person don't want to refund a money you gave to he or her to start up same business you are into, that means their is already issues that is happening between both which one person might be gotten, with the narration of this story that means that the friend of your cousin is ungrateful, but never conclude until you get information from your cousin friend before you conclude. What i will advice you is to render help to whom you are pleased to.
1154  Bitcoin / Bitcoin Discussion / Re: Why are you not hodling on: July 25, 2023, 07:14:12 AM
Some of us who earn in Bitcoin through signature campaign have more bitcoin in their portfolio, because not everyone who is in signature campaign depends on the weekly and monthly earning of bitcoins recieved here, some of us here have a job which is paying them in government while they are using Bitcoin payment in bitcointalk as a side hustle, so many people have bitcoin at large amount even alternative coins which they invested on. In a normal circumstances we that is in forum supposed to have a larger bitcoin in our wallets if don't convert to fiat currency, I'm using myself as reference I do buy bitcoins and altcoin and hold depending the coin potential will determine how long I will hold the coin, because it's obvious that not all coins that survive long duration especially in altcoin, so the potential of the coin will determine if it's good to hold or not.
1155  Economy / Trading Discussion / Re: 10 tips to manage one's emotions while trading crypto. on: July 24, 2023, 01:01:43 PM
Let's start by understanding, what's a professional trader, if this is the case, it means that it is your main income, by The way, selling, buying, leveraging, etc., it does not mean that you are a professional trader, even if profitability is excellent.
A professional trader can be say as someone who the profits is of a higher gravity than lose experience, what I really understand in trading is that we have varieties of of methodology of trading skill defending  on the one you chose and if you are making a larger profit than lose that means you are a professional in that perspective, what I really know In trading and investment is that I might decide to venture into investing into a short term by buying and selling to make a profit and it happens that I always make advantages in any step of short term investment I make, in that aspect I'm a professional by buying and selling in a short period of time and I make a profit continously whenever such happens, that means I know it better and what you know better you are professional.
1156  Economy / Trading Discussion / Re: Which is more profiting self trade or AI on: July 24, 2023, 12:40:46 PM
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
An artificial intelligence AI cannot give you what you want because is man made and a mand is not something we can depend on, because it have disadvantages, do you know some of this bot have a specific profit they can make daily and so many of them is under subscription and without the subscription they cannot function effectively, so since it have a lot of conditions that is been attached to it and besides it will not q cogent profit, I think it's better for me to make use of manual and trade, when you learn trading very well and know what you are doing you will like to use manual than using an artificial intelligent for your trading, actually trading is a skill and its good for whosoever that is in trading to have the experience and practice with what he or her have learnt so far in trading, I believe that trading need more of concentration if really you want to make profit you don't want your lose to be higher than your gain you have to concentrate on the rules and regulations or steps that triggers to overcome loses. In summary I usually encourage people to tradeon their own than using an artificial intelligent to trade.
1157  Economy / Trading Discussion / Re: For newbies and plebs who want to self-study to become "traders" on: July 24, 2023, 12:21:37 PM
My advice - BE CAREFUL

Investment and trading books, articles and videos are made by people who might not actually be winning traders. They make their money by writing "investment materials" and sell it to us, the plebs.
I don't think experience people that deals with investment do pay attention on those kind of investment proposals through Internet or in any social media, what us to understand over these points of yours, is that it's the newbies and people who is not aware of scam that always be a victim of this fraud or scam from my perspective, because they always be inquisitive to give any funking information they come across on social media and Internet a trial, so an experience person won't be a victim of it.

Plus "as traders", most of you will lose money and leave. Some of you might return and lose more money. Some might have learned their lesson the hard way and just HODL Bitcoin. The few who actually put in the most time, effort and who are well-capitalized might make it.
It's necessary that a trader most experience lose in one of it's trade, and if a trader loses and find out the area that lead he or her to lose I think it will to try for the second time, if its a legitimate platform I think giving a second trial to the same platform you might have noted your observations of what triggers the first lose. When you learn and know the key of trading and observe your lapses in your previous participation in trading, you should be able to know where the loophole come from in the previous trade, secondly what makes people to be curious to go for a second trial is they want to recover the one they have already lose, so I think that a trader should trade with what it can afford to lose without thinking of recovering the one it lost already, when such mindsets enters into a trader that is when what you narrated will happen to the trader.
1158  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: July 24, 2023, 11:54:52 AM
Do you know that many newbies contradict the fact of trading and gambling as same measures, but I stand to refute and also say No to such ideas of gambling been same as trading. Let me breakdown categorically from my perspective that gambling is different subject from trading, and it's obvious that gambling is not an identify skill you can be proud while trading is a skill in which people from different geographical environments acquire the system of trading with a fee to comprehend its theories and the primary obligations of trading, so nobody learn gambling it's what you choose to acquire because of you want to make a risk money. The only thing I can say that is making people to think that gambling is as same as trading is the risk that is involve in both, so when you comprehend trading very well you will understand that the risk that is involve in trading  is controllable while the risk that is been attached to gambling is not controllable and secondly gambling can be addicted while in trading you can't be addicted in trading, this is the two things that differentiate gambling from trading.
1159  Economy / Trading Discussion / Re: Is This How You Short A Crypto Coin? on: July 24, 2023, 11:41:51 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?

When you believe a particular coin price will go down; you don't buy again, you short the trade which we refer to as sell. It's definitely not for everyone because of it high risk. It looks good in theory but a very dangerous strategy because once you short your trade and the market price start appreciating, is your money that is gradually liquidating as the price increases.
Some who is a trader knows what to do at any given point of time, but someone is a novice in trading doesn't know what to do at any point of time, I know very well that trading that trading is a skill someone who is interested or desperate in trading have to learn and understand the basis before joining, as I stipulate in my first response here, anyone  who want to trade and always try to be in positive side of the market have to know when to enter market and when to quit from the Market, and one of the tools that will help to know the preferable time to be in the market is when you have understand the system by learning the chart and understanding the  movement of  candles sticks in chart, when you are able to understand this primary thing in trading I think you don't  need to be fare of when to be in the market and when to leave the market.
1160  Economy / Trading Discussion / Re: Trading as a newbie - advice? on: July 24, 2023, 11:29:20 AM
Hi I want to get into trading and just wondering if anyone has any advice on how to get started?

I am not expecting big things straight away but want to at least learn the basics.

I have been looking online for a book to buy to start things off does anyone have any recommendations?

This two books below have lots of good reviews are they good for someone new like myself? ..

I don't have much to advice you in trading but what I have to advice you is that  in trading you have to skillful and you don't need rush into Trading without knowing the necessary things that should be obtain before venturing into Trading, one of the elements that makes people to lose in trading is lack of focus and lack of concentration in trading, when you understand the rudiments of Trading their is every tendency that you most sure make  a profit but the problem is that some people doesn't care to know the procedures  of trading  and they kick off trading and this have been one of the barriers that leads some trader's into failure  in trading.
If you want to learn and understand the procedures of trading I think that the best thing to do is to start up with online tutorials and been practicing with small amount of capital and check if what you are practicing is in same line with your objectives. Secondly a beginner in trading is not supposed to use what it can't afford to lose to trade because I know quite well that trading is something I know that if you don't understand it's structure of functions you will be experiencing lose at every point in time.
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