This time is not new in crypto, a time of significant fall that may let some people to lose hope, but when the bull run start and the price has increased massively, it could be a mistake for them to be thinking of investing. The right time to invest is now.
What I could see are people that are speculating that the price of bitcoin will get to all-time-high, while also thinking bullish about some altcoins, but thinking the bear time may be long but it will be over again.
If you are buying gradually, I will not advice you to stop it, continue to DCA and you will see the profit of investing when many people are panicking as emotion is only showing them something wrong if no proper research is done.
DCA is always been recommended but you should also mind off on investing on the amount which you can only afford to lose and dont really tend to use up those life savings of yours.It is really just normal that people would be freaking out on the time that they are seeing a bear market and eventually gets that confident when we are on bullish state.Its a normal human being behavior but only a few could able to see on when is the time or the best moment on buying cheaper coins.It cant really be applied most of the time when it comes to strategies since we do have different level of awareness and experience throughout the market. |
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In few months experience cannot be built because in few months there is nothing to observe. Lots of people are experiencing losses and gain by investing major part of their cash into this field. I worked for longer period sometimes i think that i will certainly obtain benefit by such type of investment but later i observed that condition become unfavorable for me. losing and benefits cannot be observed and cannot be make certain as condition are unpredictable.
Some time investment does not make any profit but has to face more losses. It has been found that having good knowledge and understanding of training can be beneficial. If there is no idea in investing then it is never possible to succeed. It is better to invest in the coins that are especially good in the market. It is possible to profit from them mostly but if investing for a short period of time it is better to invest in good coins. Everyone do starts on being a noob which everything you do tend to get involved with doesnt always end up on positive but rather on losses.Thing here is that you do make out those losses as your learning steps for you to make yourself get improved.No one starts on being a pro which means that you do still have lots of rooms for improvement.Errors or mistake are really that common. The thing here is that you shouldnt make yourself that easily give up if you are really that eager on learning up trading or investing here on cryptospace. This would really be a smooth sail ride which means you would really be facing up lots of challenges and hardships but once you do able to get good grip of it then you would really benefit from it for long term. |
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of course bearish is the right time to buy altcoins or Bitcoin because altcoin prices are really cheap right now, if you understand a chart then you will believe my words,
just go to Binance and choose one coin then look at the graph and you I'm sure will start buying the altcoin. Reportedly, the next bull market will be a healthy bull market,
because there have been many memecoins and altcoins with bad progress going bankrupt. This is why I believe the world of crypto currency will be healthier than last year.
But people do usually freak out when we are on a bearish season or time where they do really mind off the opposite thing which they do believe that this market is over or already dead without even trying to look back on what happened on the past which would really be giving out that kind of idea.Right time is always been questionable since people would really be looking for the bottom price which is something that cant really be known or predicted and this is the reason on why people do keep on waiting up until they do miss out opportunities because they hadnt able to enter due to endlessly waiting for the bottom. This is why it does still involves risk taking most of the time when you do make out some buying decisions. |
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Cryptocurrency is not a field of surety there will be not exact information about any coin and i think that make investment for someone other is a foolish idea because he will not understand the situations but will blame you. Also trading requires patience and is a work full of difficulties so i just thing that investing for others does not sound good.
In any market, one should not invest by bringing funds from others if that person does not have enough idea about that particular market. Now if you trade or invest by taking funds from someone else then that person will always put you under pressure with various questions, because those who offer to do such investment are mostly greedy and they expect quick profit. So trading with this kind of pressure is very difficult, even an experienced trader will lose his rhythm. And if for any reason you lose that fund, then you will be in trouble in many ways. So it is best to trade with your own funds, even if you lose, you will not have to answer anyone. There's a pressure indeed. I hate using other peoples money to generate profit since there I'm pretty sure there are constant question and updates you need to do in to the one who provided the money. It is always better to just use your own money in trading or any other crypto generating profit to avoid these kind of pressure and unnecessary hassles. Another disadvantage on using other money is it can break the trust and relationship especially if it is a friend or a family member, I've seen many relationship fall apart because of the money. I'm personally not a fan of using other money in any reason. I hate borrowing or co-investing! especially if it intended to use in investing. If you do make yourself agree on putting up into that situation then that pressure is really that extreme.You cant really make out assurance that you would be able to make money and since those relative or family members or friends of yours whom had entrusted up their money would really be mainly be expecting that they are really making money passively since you are the ones who had been handling it out which it is really that hard to make out conclusions or assurances that the market condition will really be going on what you are expecting. This is why its never been recommendable for me or something i dont really allow that others do make their money be handled by me.I cant just take up the responsibility. This is why its not really that a good idea on telling them that they would make money or do profit overtime or some period of time which on the time that they would really be getting their profits then your fucked up and this is why its not really that good on handling out other peoples money.It is really better that you should ignore or refuse if once they would really be approaching you to handle out their money.Its better that you do tell them about the basics of crypto currency and the things attached to it specially with investing and make them aware on how volatile this market so that they wont really be shocked when they do saw their investment becomes negative.Just tell them about the truth and its whether they would be accepting it or not. |
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Gamblers will always find a way to get the funds and do gambling, did you know that credit card also have a feature of Cash Advance limit? So the gambler can easily cash out and use it for their gambling activities, this is how greed works.
The best solution here is for a credit card company to monitor every transaction of their holders and never allow them to be used on any casinos, but I’m doubting they will do it simply because they are making a lot of money on every transactions.
Banks would never be considering on having those blockage or prohibitions because spending of your credit limit would always boils or falls down on someones decision which means that they do know the terms and conditions which whatever or whenever they do make use of their cards then its their responsibility to pay it up and if not then this is where interest would really be piling up and this is where they do indeed make money and they dont really care if you do spend it out on whatever things as long you do obliged yourself on paying it up. If not then you do really know the consequences. |
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If OP teaches him about technology it should be encouraged as technology is definitely what we need in any environment, technology is no different than water in our daily life, we would not be able to live without technology. But OP is teaching him about bitcoin, being part of finance, is a risky investment. I don't think such a kid can understand bitcoin. Even investors like us don't fully understand what bitcoin is, we are here simply for profit and our job is to see bitcoin chart every day. Bitcoin and crypto have not been applied much in life, and not everyone needs them. That is true.
We need technology so that everything can run, it is true. Unfortunately, we often forget there are many jobs out of our expertise and push children to obey what we want. For me, just give those kids a little introduction about technology in a fun way, give them lots of things, then let them choose. There is both a benefit and also a trouble about it. The benefit is that new technology would help you do your job a lot better, and it would make it easier at the same time. But, we also talk about some new tech replacing people as well, just look at the car industry, that is the most common one that we know of. Back when Ford built the first assembly line, one car was manufactured by so many people, hundreds of people working on it at the same time and it took so much time, today there are so many machines that help the people so there isn't a need for that many workers at the same time. Plenty of jobs were lost to developed technologies like that. That is also a matter of concern, but I think machines or robots should replace humans in heavy jobs or stages that may endanger workers' lives. I have worked for a while in companies in heavy industry, it is tough to protect the safety of workers. Despite having undergone thorough training classes before working or wearing protective gear, it is still impossible to avoid occupational accidents. If we use Robots in those cases, we can reduce human damage. We are already moving there and we know that its been a while where certain industries (car companies) had really those robots but we cant really that able to deny that human involvement is still significant since there are things which humans can do while robot cant.It do really speeds up the process and does give out that safety specially on heavy works. Lets just not make things in a rush but people or human intervention is still significant on some works which we are still that needed. Going back on topic in speaking on teaching up your newphew about Bitcoin then its something good but for him to be able to understand well then it would be good that it would be starting up on those very basics of it. |
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In a society, it is hard to do without corruption. This has gone to find itself in the crypto world do.. Investors just need numerous research when finding a real project.
Opportunities for corruption can occur at any time, especially cryptocurrencies, the level of competition is very tight and makes developers sometimes impatient to compete in the market so that the best thing is with corruption, FTX will definitely think that the business they do will be safe and unknown to anyone, unfortunately when a test occurs Small then they just regained consciousness and difficult to refute the facts. The problem with this is that we know that sometimes what we think is good will surely be misused by some parties and of course this becomes more of a concern so that we continue to be careful because things like this, although not all of them, but will definitely be repeated in future times. is coming so we have to be prepared from the start and not really believe in anything in crypto. When we do talk about money then everything could really be changed up in a snap no matter how reputable or known a person or company/platform is which it is really just right that you should be mindful about that risk management.Corruption and frauds or any some sort which is connected to this could really happen on this space and this is why its really that right that you should really know on what you should gonna do.Make yourself prepared and always consider on taking up investment on which you are really that prepared for whatever things that might happen along the way. Expect the unexpected yet this had been always the case specially on dealing with this crypto space where everything could possibly happen. |
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This is a blow. I didn't know about this thing but if this referee has said it. It might be true but also not true. I haven't seen yet the match of Pacquiao for that year against Nedal.
But if that's something that he has exposed and admitted well, it's on him. Even if he has given the advantage and help for the count for Pacquiao. Still, his other matches that he's got can speak for himself that he's literally a legend and did his best all the way from the bottom to the top.
I got to admit, I never know Pacquiao before the big fights in the US against big Mexican names, so I am clueless whether this is true or not. But Padilla is also a big name in the Philippines as a boxing referee. So, I do not think that he will sully his name if there is no truth about it. I think he is just coming out clean after all these years. To think about it, that could have affected the future of Pacquiao if he lost that fight. He is still a hard fighter but if he lost that he could have lost a lot of opportunity including maybe moving up and having fights in the US. Anyway, that is in the past now. Pacquiao is now a legend, and that blow will not tarnish his name. There is a statement towards this and Padilla really admit what he do just to give Pacquaio a important win of his career. But he also clarifies that Pacquiao doesn't know about this and his team is clean about what he do its just he listen to someone who ask about some favor to give advantage to Pacquaio also he is filipino so he agree to do it because he want Pacquaio to win. This statement cannot tarnish the legacy of Pacquio since the man prove and this is truly built from scratch. This statement cannot affect Pacquiao's legacy anymore since Manny Pacquiao had already proven how undisputable he is inside the ring by winning 8 different division tittles. During his prime he was deemed to have the fastest speed and a very strong counter-puncher. Nonetheless, I am just happy that even if Manny Pacquiao had already retired, he still plans to play boxing via exhibition matches and as always he opts to give his winnings to chosen his chosen charity, he always is a generous man that is why Filipinos love him. Only a few of athletes on different sports do really consider out on making those charitable deeds or works depending or basing up into their earnings for said such fight which majority of them would really be pursing out those profits and dont tend to share up to everyone.Well, its their money then its none of our business on how they would really be allocating it but its not really that much important. It do really just turns out that people do really appreciate nor commend up into those fighters or athletes who do really consider such deed. Speaking about being generous then Pacquiao is indeed one and no doubt he's really be that known into that kind of behavior. |
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I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.
you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding. if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k . it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest. I don't think he bought a whole btc at those prices but I think he only bought some though I think his capital is still huge because he is not scared to buy at any levels and then he looks willing to buy more because he doesn't seem to have a plan of selling yet. I also do not think that he will sell at a loss because he didn't even sell when the price have risen up. Selling at a loss is also risky because there is no way to tell if the price will drop more and what if the price have recovered instead right after we sell? We are going to regret it for sure. @Kadal Ijo I know that being optimistic is a good thing but we must also be realistic with our goals so that we can also experience to profit. It wasn't exactly optimism but a bit of greed that occupied his mind, that happens to most investors when they see their assets are going up and they want a little more profit so they don't sell. But when the price starts to drop they will regret more for not selling when there is a profit so there will be no reason to cut losses, and he is becoming a reluctant holder in the end. It is a lesson, taking profits is never wrong and always have a plan, always have a goal in investing, never let greed take over our minds. Some people do really just let those opportunity to sell on profits and rather hold up no matter what but its true that it could really leave out some regretful feeling considering that we could really make money without the need on holding up for couple of years.But well each person does have its own decisions towards their investment on where whether they would be selling or not into that particular point. Its not really bad on being optimistic towards price but dont make yourself able to believe nor force out about those high numbers because it cant really be just happening on point or on a short period of time.Everything would really takes a process. |
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It is the counterpart of those hacking in centralized exchanges. People who have been so critical and concerned about these events will make them want to find another place where they can continue trading without anything to worry about. Although the decentralized exchanges are not exempted from this hacking at least, most of its traders get to still hold their funds as they trade and connect their wallets from here and there to different exchanges. It's true that the reign of Binance at the top won't be staying there forever but if they know the formula of sitting and maintaining their position, they can but someday, time will come that it's going to be for another exchange company to rise. But it's a different thing about ranking if it's all about bitcoin, it'll stay there for long.
Just to remember into those old years about on how Poloniex and Bittrex had dominated the market on which lots had been anticipated and already make out some conclusions that they cant really be dethroned. Until the time comes where regulation issues had been faced where these platforms had become heavily centralized and that time Binance did came out and people had flocked away into those exchange and stay up on BInance and we are seeing on whats today. If we do speak about probabilities then its always there, there's no such thing about remaining like forever but the current things that they've been doing is really that for the benefit on prolonging their dominance on this crypto space.We dont know on how long but lets see it along the way. I remember all of those days when they were supreme in the market and they were the top exchanges not until Binance came, and the other popular these days like kucoin, crypto.com, etc. It's not always that they'll be at the top and when there's something new, the customers will come to it and after trying it out, they'll be able to stay there for long if there are a lot of incentives and benefits. I do even remember that Coinbase is already existing on that time but didnt really get that much attention and popularity but still nowadays it is really running and operational. Well, its expected for something which is heavily centralized compared into those past exchanges where they are anonymous and not really that regulated. On the time that they had made themselves abide with regulation then they had been started to get some criticisms and then Binance came where people had seen this to be looking interesting and they had just been overtaken in speaking with popularity and relevance But now Binance is starting on heading up that way or shall we say the normal cycle of things on where or when government is starting to get involved. |
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2. Investment Scams
Surprisingly which these things are still rampant or still existing as of today.This was a known issue or hit wayback on 2016-2018 which lots had lost their money
which i cant believe that there are still some sites which are obviously money grab which is still existing as of today which means that there are still
people who do really fall with these kind of schemes.
If you dont make yourself that fully aware of things then you would really be ending up on a disaster.Make yourself having make use
of your common sense.
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I got this very topic phrase"Not A Religion from one of my favourites in the community (Bitcointalk forum).
This very topic rang a bell in my heart because I had to read her response on a topic over and over again and I really do agree with her that Bitcoin isn't a religion
Most people see Bitcoin as a religion and a must to believe in it and and feel left out if they aren't.
One of the reasons people who believe so much in Bitcoin is the possibility of making money with minimal effort.
Do you really see Bitcoin as a religion?
Thinking up and saying realistically on which Bitcoin isnt a religion but a digital currency.It is really just people are really that overthinking too much or being that too optimistic which do really comes into a point that they are really that treating it as a God. Some are really just too obsessed on how to make or earn money on fastest way as possible which they do really see crypto dealing is they key.People do really comes into a point on which they really believe that this would really be saving up from their hardship in terms of finances. People would just realize that this is just a currency and not something which is really connected with some divine things.It is really just stupid. |
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Now let's have a discussion about it all...
Being a business owner is almost everyone's dream, because most people think working under someone comes with many challenges, for example, Time of resumption, insults from the owner of the Business/company or organization, delay in salary and so on. So that's why most people prefer being a boss of their own, which is not easy. Being a business owner is not for everyone, most people excel why working under someone but when they move on to open their own business they fail because they don't have the skills to make the business grow. Most successful business owner won't tell you what they are go through. Business owners go through more stress more than the staffs being that they are thinking on how to move the business to the next level or keep the business booming, which the employee duty is just to come to work and carry out His or Her daily operation. Being a business owner would really be just simple for you to mention on but here's the things you should consider out. 1. What business you would be making? 2. Do you have the sufficient capital? 3. Do you have idea or aware about marketing stuffs? 4. Are you prepared on losing money? Some might really like to ran a business but not all does have the financial capacity to have or doesnt have the feeling or simply been scared on starting one because of the risk.This is why it does really depend if someone is really that persevering on what they are trying to attain. |
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There are many of us in the shoe, not just you. In my wildest dreams, I will be the last person to accept that Saudi Arabia, a Saudi Arabian world cup first-time timer, will defeat Argentina. Although I will accept Argentina's defeat in peace, it won't prevent me from placing bets. You and I both have witnessed worse defeats in the past from various teams and nations.
Remember that football is just a game, and things are bound to happen when you least expect them. Don't let Argentina's losses get you down. Continue to bet, but make an effort to enjoy yourself while doing so. Try not to focus exclusively on one particular match or game.
Expect the unexpected as always which you cant really be having that 100% sure win specially on betting world.Even you see that it is really a sure win but odds of upset and comeback would be there. Its always been a bad behavior on having that all-in type of betting whenever you are assuring yourself that you could definitely win.OP isnt really just the one who do experience that stuff but most of us is surely having this kind of painful experience and at the same time it could really be that frustrating which it would really be that right for you to be that realistic when it comes to your betting and enjoy on whatever the result and dong easily get discouraged. |
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ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.
This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market. With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value. ETH wont be standing on ranking #2 if its a shit project or doesnt have potential.Its true that Bitcoin is really a main trend setter but we should not really remove the possibility that other coins in the market could really go into opposite side or movement which it is really that truly unpredictable.If ever you would really be that trusting that ETH too much then you wont really be hesitating on buying on the current price as of this moment.Its up to you whether you could really be taking up risk or not.If it does really make you worried then its up to you whether you should skip on buying or investing or would wait up even more further for possible bottom price. |
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You should go to Twitter where many people keep sharing their analyses and trader setup for different cryptocurrencies. And It's completely free, no subscription is required.
Twitter is a place where many self-proclaimed traders post their methods or strategies. While the truth in such posts is questionable, it is not that all of them are fake. However the outcome from such comments is never going to be 100% accurate. Hence they should not be taken as financial advice. Whichever trading is done, listening to someone else to do your trade means being a fool. Remember that since it is free, it is mostly fake stuff is going to come in. The Twitter pages that run often run on advertisements which pay them, so they post such things to get more followers. That is because Twitter is more crypto oriented than in Facebook, Instagram and others, so it's normal seeing them there and there's also those who shill useless tokens. I heard that having that blue check mark now on Twitter is easy to obtain and they will just pay some amount to avail it so this shouldn't be enough as a basis to trust that Twitter user. It is still best to do trading on our own so that we are sure that we are not being fooled by someone else who only wants to manipulate the market. It's okay if we lose on our earlier tries because losing is also part of the learning process but we can always improve it as long as we pursue our passion. Mistakes do really make us learn along the way or further ahead which it would really be a stepping stone for us to be more better than on yesterdays.If ever you do pay up someone for you to follow on trading and then realize that it wasnt worth then this is where you do learn.You would really be able to realize that it is really much better if you do trade on your own and wont really be relying into someone. Just like the rest been saying that its never been worth for you to pay up just for those tips and signals because all of us here on this market are all speculators. No one could precisely predict on where these prices would be heading up to, even you do say that you are a professional. |
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I am sorry for this negative experience OP.
"All in" bets are generally to be avoided at all times. you always need some sort of plan b to reduce the risks (for example playing live, using cashout options etc...)
Even if you haven't made a big financial loss, certainly made a pause in your gambling experience is always the right step
Usually this do pertains about being impulsive with your betting which is really the most dangerous kind of step or burst of emotion which would really make things even worst. Come to think that he isnt the only one is really losing that big time with gambling which there are lots who do experience the same influx of emotion which you would really be doing that all in. Its true that its never been that ideal on doing so,even if you arent broke but sooner or later you would really be if you do keep on doing that. This is why self control and proper limitations or restrictions towards your actions specially into your finances is a must. |
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It is a day to remember every year, because for users who have the confused mind whether bitcoin will reach new ath or not can get answer. Almost an year and a month passed, the present price of bitcoin is one fifth of the ath. No matter what the market movement is, 1BTC=1BTC. So, all that required is the patience and the understanding about the market to experience the same.
While it is true that the bitcoin in your wallet remains the same regardless of its value in fiat, when the price goes down by so much it is difficult for most people to accept this because as we know more than anything they are looking to obtain benefits in fiat terms, so I think a better way to motivate those people to keep holding their coins is to show them the charts of bitcoin and demonstrate to them that bitcoin will eventually recover and go even higher than its previous ATH if given enough time. No need to demonstrate and it would be much better if they are the ones who do make out those realizations on the first place because if you do really make out some in depth research then you could really find out these information which you are the ones who would really be realizing if its really that worth or not. Its true that it cant really be avoided for you not to panic whenever you do see your bitcoin value in terms of fiat is dropping then it could really make you that impulsive and everyone do surely be able to experience it because this is how market behaves. This is where peoples experience and awareness do really works on which you would really be acting out basing into your own personal experience which you are aware on what you should gonna do on such situation. |
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we must learn from the mistakes made by SBF. but we also have to learn from the success of SBF before getting rich to getting rich. Hope is always there even for everyone on this earth. However, please note that a hope is always accompanied by the same risk. So we must not give up but we must also always be vigilant. Greed is the biggest enemy in crypto investing. and fear is the biggest enemy of beginners in the crypto space. because that's how I feel. even when bitcoin is now at $ 15k, the fear of buying is always there. if only I didn't know DCA. then maybe I would feel more fear. but with DCA. my mentality is a bit awake.
Hope but on the sense that it should really be a realistic one so that you wont really be ending up on getting frustrated.Its true that there's always light in the end of the tunnel but dont make yourself too much trusting up or hopeful so that you wont really be that disappointed.All things that we are encountering on this market is really just normal on which it is really just a normal cycle and events or things do happen. This is why its really important that you should really make yourself that fully aware on things which could possibly happen along the way on the time that you had stepped your foot into this unpredictable and very random market. |
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Manny Pacquiao accused of loaded gloves in Antonio Margarito win
That's insane, Pacman is not Margarito, it was Margarito who was caught loading his gloves and got suspended with that IIRC. Pacman's punch was really heavy, and it took him 12 rounds to destroy the face of Margarito, should he quit before the 12 rounds, things might not get worse. Right! Manny Pacquaio is known to fight fairly, there are even some instances that he could've end the fight much earlier just like with Thurman but he didn't and let his foe recover so that the fight will be much more entertaining and fair. And that accusation did really came from Margarito who was once caught red-handed when he inserted a hardened substance on his plasters. A commendable behavior but not really something you could really just simply be that too confident because it might backfired on you which it is really indeed risk if he do really let the fight long and not giving out his full power on every punch. We cant really say if he is really doing that or totally been doing his best.No one cant tell if he's holding back or not and as we can see that on every fight then it is really not something simple for him.For exhibition fights then im not really expecting that it would really be a serious one because we do know that they are here on bringing up some entertainment. Im not rooting on whose gonna win since it is really just too obvious.Lets just see on how Yoo would be fighting.  |
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