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1521  Economy / Trading Discussion / Re: What is Bitcoin up since after Dump? on: November 18, 2021, 05:37:36 PM
I Think this is not price dump.ext year.
It's a price dump.

Coz Before this week Bitcoin price was $64k+ and now this week bitcoin price $59.5+.If You  have already hold bitcoin then you don’t need panic coz bitcoin price will be rise again as soon as possible. Bitcoin price huge increase and more development this year.I think bitcoin price will be reached $70k+ next year.
Yeah, the price will increase again and it's likely more than the ATH can happen. We're all looking forward to that price happening next year because it's possible. As the price dumps, it will pump too and will recover.
Bitcoin has dumped even more with its current price at $57,738 and if this value will continue to dump more in the next days, i think we are already entering a bearish season, not just an ordinary price correction. But still no need to worry because knowing how bitcoin positively react from price dumps, it will always recover soon and may even reach a new ATH after this. So never panic and keep holding your bitcoin because its the best way that you'll never end up losing.

However, if you doubt if bitcoin can still recover, then set a stop loss so you will only lose a minimal amount.
1522  Economy / Speculation / Re: Buying the Deep (Bitcoin). on: November 17, 2021, 08:49:40 PM
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Good for you but i hope that you wouldnt panic sell if the price do goes down even more deeper which is really likely to happen on this market which you
should really be aware off but basing off with some analysis or simply technical without having no sentiments or news around then it could possibly
able to move on the same way but its not an assurance.

4+ btc isnt something a small amount to consider and it seems you are really serious with this investment.We do always go after on buying the dip
but since this market is unpredictable then this is a task which could really be hard to determine on.
Your investment is definitely huge so you should be able to know how to deal its risks once bearish market strikes the market or any other price correction that will make the market dump again. As long as you never end up panic selling, then you'll never lose with your investment. I am amaze with your faith in bitcoin, i know it will definitely pays off when btc reaches its new ATH and probably we will be seeing most of the altcoins too very bullish in the market. So just hold and never be carried by your emotions once the market suddenly turn sideways.
1523  Economy / Economics / Re: Getting things off your list. on: November 17, 2021, 12:50:23 PM
If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.
That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.
If you dont know on how to balance in between your wants and needs then you would be fucked up in near future on the time that you do realize that you had already some problem with your finances thats why you should really be that wise on handling out your money
so that you wouldnt really experience any hardship or unfortunate events which would cause up on wrecking your life.
At least we must have skills in managing finances for ourselves,
I think needs are the main thing to be fulfilled because if we are only obsessed with desires, I don't think it's the right decision,
if you can't manage money, at least we try to learn
Not just in managing our finances, but be able to prioritize too our needs more than our wants. I think buying a house, a car, or any furnitures can wait, but not our basic needs because without them, we will no longer survive. We can still achieve our desires in the future by starting to save little by little today. At least you can put any amount on it as long as its not needed necessarily. But always prioritize those things that are basic and are needed for daily living.
1524  Economy / Speculation / Re: Bitcoin run up is coming on: November 17, 2021, 07:46:59 AM
The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.
hopefully it will be driven by positive news for the development of cryptocurrencies, because yesterday we saw news from a bidden that influenced the decline in bitcoin prices, but now it looks like bitcoin is not like last year 2018, which can recover soon even we see some new peaks this year
Bitcoin is still in a price correction right now and that is why its price is still  below $60k. But i know this won't take so long and won't go even deeper because bitcoin today is a lot more different compared to 2017. There are already big institutions that have start to backed up bitcoin so in times of price correction, its price will certainly experience a decline and then after that, we can see bitcoin and other solid altcoins start to recover again and continue to reach their new ATH.
1525  Economy / Trading Discussion / Re: Investors their mind on: November 16, 2021, 08:23:55 PM
Remember that every loss lead you to success. Think that it is not a loss it is your experience and next time this mistake will not be repeated. We always learn from our own mistakes. If you loss your hopes then you can never achieve your goals in any field of life. It is not necessary that you will make profit at first attempt. You will learn and at last will be able to fulfill your aims.
Just face your losses with positivity. In trading, or in all aspects of life, its not just about winning and making profits, but definitely its all about losses too. But if you manage how to deal with your losses, you'll never be in a huge loss at the end of the day. Learn from your mistakes that made you lose, and never repeat it again. After all, you'll never be a good trader if you never learn from all your mistakes. And eventually, you'll never stay longer in trading if you see yourself losing more often in trading.
1526  Economy / Economics / Re: 6 billion to solve world hunger? on: November 16, 2021, 07:17:32 AM
Elon's mindset is good and it is indeed a good deed to be made, but in reality that $6 Billion isn't gonna solve the problem.
I agree with you. I think Elon Musk's desire to help reduce world hunger is not in the amount of money he gives, but in his caring attitude towards people who need help because in reality not all rich people in the world want to do or have the same mindset as him in term of humanitarian assistance, it is much more valuable in my eyes because he has a sense of caring for others.

Personally, I am amazed by Elon Musk's concern for his fellow human beings regardless of how many of his tweet have affected the crypto market both positively and negatively. This is a different case in my eyes.
Even how negative a person is, there's always a good thing in him that will really come out when the welfare for other people will be at stake. I think its more of a humanitarian instinct, to do more good to others without expecting for returns. And in this case, Elon Musk is a great example.

With Elon's position right now, if he really wants to help those needy people particularly those who are in the state of famine, his money can really help a lot. But the most important is, its not the money that matters, but its the love and passion of Elon to help other people who are struggling to survive.
1527  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it possible to avoid all scams? on: November 16, 2021, 01:51:24 AM
Many novices will be deceived because they are inexperienced. But there are also many experienced people who are deceived, because people are greedy by nature, they will confidently think that no one can deceive them, and some scammer projects will be very mature, so that people can't see the goodness of this project. Bad. Many people believe it and lose their money. We can only be more careful when investing and don't trust anyone lightly. Don't be too greedy.
Well, no one is excused from scams. Although its more visible for those novices, but its also prone to happen even with those early investors in cryptocurrency. No matter how careful or vigilant you are in your investments, there are really those times that we got scam without it knowing. Maybe greed is also a big factor too since we always long for more profits so we end up investing in those projects that offer higher profits compared to those legit ones. And being overconfident too in our own accounts that sometimes we tend to forget how to be responsible in securing the safety of our own accounts and so we end up being scammed again.

Maybe let's just accept the fact that no one can't get rid of those scams happening all over again. But we can prevent it from occurring so often so we won't always be losing our funds.
1528  Economy / Speculation / Re: What if $70k was Bitcoin ATH for the year? on: November 15, 2021, 06:11:04 PM
I would be definitely satisfied with a 70K USD Bitcoin price at the end of 2021.
I'm OK with a 60K or even a 50K price.If you buy low and sell high,everything is good.The exact price doesn't matter that much.Don't get too greedy,chasing maximum profits might lead you to mistakes.
There will always be regret about when did I joined the BTC market,but that doesn't matter anymore.


What's your definition of being satisfied? Is it really necessary for Bitcoin to reach $70,000 before the end of the year?

What if it didn't reach that target? It's not satisfying?

As long as Bitcoin will keep up the momentum, that's better compared to the quick jump.

I'm wondering about the same thing.Some people won't get satisfied even if they make 10 million dollars per month.Others will be satisfied with the little they have.Satisfaction is pretty vague.
Reaching a 70K price isn't a "do or die" goal.Bitcoin won't end,if it didn't reach that price by December 31 2021.

For me, its definitely not a big problem as bitcoin would still go up higher after 2021 and can reach anytime soon above $70k. If satisfaction is the concern, most investors particularly to those who came late will never be satisfied as they are hoping for more profits this year because they bought bitcoin at its peak price already. But for me and for the rest of early investors, i would say $70k is enough and can even change someone's lives if he sell a part of his coin for his own personal interests.
1529  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH we can expect big move on: November 15, 2021, 07:01:01 AM
It seems quite unbelievable for me. Year is about to end & you forecast for almost 3x pump within that timeframe? Let eth cross the $5k barrier first, which isn't done yet (ath still $4700). burning eth process maybe started and so eth recently increase more than other top currencies but i don't think it has potential enough to cross 10k-13k within this year as your forecast but it can expected eth cross that 5k-6k barrier somehow before year end
Ethereum burning can make positive changes in its price but i think its quite exaggerated for ethereum to reach $10k before this year ends. I know ethereum will probably reach $10k but definitely not this year. The price increase moves very slow for now and it has also something to do with the slow demand for ethereum and not to mention of its high transaction fees which is until at the present time, the problem is not yet solved. I just hope that ethereum will definitely cross the price of $5k and maybe by then, a new ATH will soon to appear just before this year ends.
1530  Economy / Economics / Re: How is financial stability defined for you? on: November 15, 2021, 01:41:20 AM
Financial stability to me is being at that level where you can afford more than your basic needs, a position where you will be able to enjoy some good things in life without having to worry about your account balance, that includes having a steady income stream or having some valuable investment that generates a reasonable amount of income,  it also means you work less and still very financially sound.

this will certainly be everyone's dream because almost most people hope their life is like this.
but it takes sacrifice to get it and not everyone gets what they expect.
You need at least careful planning when you are young and don't really waste the money you have.
because indeed things like this will not happen if you live as you like without thinking about the future.
Of course, if you aim for financial stability in the future, you should know how to save more and spend less particularly for those unnecessary things in your life. For me, financial stability is being stable with your finances and you can easily cater to all your wants and needs without worrying the bills because you have that steady income from your different investments or resources that keeps on generating an income. You need not to worry for emergencies if they arise unexpectedly because you have the funds intended for that, and you have your own savings account that keeps on growing from the profits you earned from your investments.
1531  Bitcoin / Bitcoin Discussion / Re: What's your strategy to carry on making money when Bitcoin turns bearish on: November 14, 2021, 07:37:13 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Thanks.

As an HODLER investor, every bearish market opens an opportunity for me to purchase more BTCs while the price is down on the market. Although this technique will not guarantee profit short-time, it definitely has the potential of earning you significant amounts of return in long-term (basing this purely on the price history index of BTC).

If you aim to earn short-term profits, then trading would be the advisable way to go although this may be extremely risky especially for newbies who lack the experience in this kind of platform.
Trading will be more difficult especially in times of bearish season and if the trader alone is still not skilled or lack of experiences. I'd rather be buying and holding for long term as it has less risk and yet, the profits will be huge enough after long term holding. Patience will always be the best virtue not just in holding but even in trading too. Aside from that, we can also start making real businesses offline so we can gain profits too from other sources aside from crypto. Bearish season cannot give us immediate profits most of the time so looking for another source of income is advisable.
1532  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the meme coin still worth holding on: November 14, 2021, 06:19:19 PM
What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Meme coins, a lot of them in the market these days are like an avenue to quickly gather in a lot of cash and noting much. After they might have increased really well to a higher price and a lot of investors in these coins starts cashing out, you’d see these crashing and not recovering any longer.

There might still be a few of them in the market that can be worth investing, but I can’t tell you whether they are going to be worth investing for a long term or just for the short term. SHIB is one of the meme coins that are has been quite strong in the market and still going higher.
Meme coins have become so profitable these days that it even exceeds the amount of profits you can get from it compared from those solid coins in the market. But this is not for long term investments as meme coins are only dependent on the hype and on the big whales on the market that can pump their price. Other than that, they are no good for nothing. So maybe holding meme coins for short term is good as they are good only for quick profits, and once  a serious price correction will hit the market, probably they will find it hard to recover again.
1533  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: November 12, 2021, 09:55:33 PM

Casimero could potentially face either Donaire or Inoue if he wins against his challenger, it's a task he cannot say no and he cannot lose if he wants his dream to be realized.


I think he will likely face Inoue as his promoter would not allow that to happen.

This is probably the scenario.

If both Donaire and Casimero will win against on their respective challengers, then one of the could fight Inoue, if one of them lose, at least there's still one left that could fight Inoue, in that way, both fights would give good money to their promoters since Inoue is popular and he will attract the fans to watch the fight.

Both Donaire and Casimero are now under Probellum and they have become friends already as the Donaire's were the ones helping Casimero to land in Probellum so I think the probability of Casimero vs Donaire is slim, it would be Inoue fighting whom they think will give Top Rank more money.

Butler had a weak chin, this would be Casimero's target come fight night.

Watch below the KO highlight of Tete on Butler.

https://www.youtube.com/watch?v=SKO_hy91rx8

Agree with that, promoters will take care of their fighters so they will not let them fight and lose a possible profit in the future.

Probellum has two champions that they could match against Inoue and in the previous posts, I read that the CEO of Probellum is a good friend of Bob Arum, CEO of Top rank, so maybe they can easily arrange a fight in the future.
1534  Economy / Trading Discussion / Re: How to buy alts at the right time? on: November 12, 2021, 09:13:11 PM
Buy the dip and sell at the peak.

Sort of saying in the crypto space but you still need to study and learn from your experience because you need to do the right timing. Experience will tell you what to do since that would probably make you consistent with what you are doing.

This kind of strategy is very effective on my part, I'm not a day trader so it really fits me.
lastly, you need to trust that crypto is here to stay and everyone it falls it always recovers as that would make you calm.
1535  Bitcoin / Bitcoin Discussion / Re: No one can continue ignoring Bitcoin on: November 12, 2021, 07:18:22 PM
The funny thing is, all of my mates who used to ignore and make fun of Bitcoin whenever I mention it back then, is now holding their own bitcoins, if they only believed in what I was saying, they could have easily gained profit from a 4-year investment.

No one will really ignore Bitcoin as Bitcoin continues to rise not only value-wise but through popularity as well.
Things like this also happen in my life because a few years ago I was made fun of by friends and even family because I did collect bitcoins which at that time was still very worthless.
but now the situation has turned around, it's actually laughing at first, now it's like worshiping hoping to get good what I have on bitcoin Smiley

The temptation of bitcoin is getting more and more disturbing for people who are anti bitcoin because they on the other hand regret those who ban bitcoin and this will make their minds branch when bitcoin goes up
If they will chose to continue closing their minds on bitcoin, then they will be missing big opportunities from bitcoin. But just like some of the anti bitcoin before wherein they are now starting to take a step on bitcoin because of its undeniable high value, they will also experience the profits that most of the early investors of bitcoin have been experiencing. Although this does not happen overnight, but if you wait for it patiently, it will certainly happen after long term holding. No one can continue ignoring bitcoin actually when its value is 10X higher than fiat's value.
1536  Economy / Trading Discussion / Re: Need advice regarding buying on: November 12, 2021, 06:41:48 PM
Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !



if you want long term dont buy from the ATH because its not safe, always remember that afterwards there's always a correction of the price and because as well of FOMO., always keep in mind that crypto is like a roller-coaster.. so better to wait for the correction and if you see a strong support level and the price keep respecting it then its a sign to buy.. Must have risk management and discipline if you want to become successful when it comes investing in crypto currency..  Just keep learning because it's a big advantage..
Its always an edge if you can buy bitcoin at its dip price so you can have higher profits in the future. But never think that since you are seeing bitcoin price at the moment which is very expensive then you should not buy at all. Of course, this is still a good buying moment. You don't need to buy the whole coin, maybe a portion in it is already a good start to watch its value and see how far the price can go. Being a long term holder does not create big issues on bitcoin's volatility, as long as you are not selling your coins when the value is lower than the price you bought it, then you will never experience losses.
1537  Economy / Speculation / Re: Future bitcoin price is high and low on: November 12, 2021, 05:26:39 PM
Other traders were saying that the market now were too good that almost the top 10 crypto in the market were all in bullish trend and somehow as a trader it mean that we must be careful because if there's no price correction takes place after it then we will might going to see a massive price drop again, it is still expected that the correction may takes place which we don't know when but I am also waiting for a price correction of bitcoin. I am expecting that there might be a little price correction coming after hitting $68K which is another record for the ATH of bitcoin.
That's the risky part that we should be looking out for, but if nobody buys at peak prices then we won't have new peak prices neither. I mean we should be happy with going up, but we should also be thankful for people who buy at these prices as well because they are the ones who are taking it that far.

I personally would buy if at the start of the month it is still high, I put aside a small percent of my money into crypto every single time I get my paycheck, maybe not this month since it has been a little hard for the past few months but I will be doing it again during spring when all of my debt is gone and I am doing well again. I hope that people would realize that you should buy bitcoin no matter what the price is because the future price will always be higher eventually.
Exactly my point. Regardless of the price, if we aim for higher profits in the future, then we should still consider buying bitcoin even if its already expensive as long as we'll hold it until it reach another ATH. We should not wait anymore for a huge price downward since it may take so long and definitely a long waiting game for us since we really don't know when will its bound to happen. With its good fundamentals that increases its demand, bitcoin price will always keep increasing rather than failing.
1538  Economy / Gambling discussion / Re: [Boxing] Nonito Donaire vs Reymart Gaballo (WBC bantamweight) on: November 12, 2021, 12:18:02 PM
But I hope they'll not follow Manny on being a politician as he was not doing well in that department especially now that he is aiming to be a president.

Focus on boxing and continue bringing glory to the country, these two fighters, whoever wins will surely bring honor to their next fight. It could be the biggest fight of Gaballo but for Donaire, it's not as he used to fight champions before, and honestly, I don't see anything special on Gaballo aside from his hard work in the ring.

Of course, only a few brave of them will follow Manny on being a politician.

I think majority of them first really wanted to get out of poverty by earning good money from boxing, which Pacquiao did. So I would say that they young breed of Filipino boxers like Gaballo might be looking at Manny and how he rose obscurity to being famous. From rags to riches story. And this is one thing that Gaballo might have advantage of Donaire in this fight, just saying.
I think Manny was just taking chances but if pulse just be the basis for him to win, na-da he'll never make it and maybe he should have just focus on being a philanthropist I guess that's a way or form of helping too.

I guess mostly are to do well in boxing and earning good money and I agree with that but I think and I believe that there are still boxers that wanted to pursue a passion rather than earning money. Well, I guess it's just a matter of story, that would be indifferent when they fight in the ring since Nonito will still fight for glory too, he's striving on that.

It's nice if they fought because of passion and money, that's the recipe of Manny Pacquiao that's why he is very successful as a boxer, he is a legend in the world of boxing and nobody will ever forget that. With his popularity, he was able to lift the competitiveness of boxers in the Philippines that's why we are seeing some Filipino boxers now who are already a champion in the world, good example is Donaire.
1539  Economy / Gambling discussion / Re: [Boxing]: Terence Crawford vs Shawn Porter - Nov. 20 on: November 12, 2021, 11:25:51 AM
^^ Not sure if they can reach at least 1 million PPV buys though. The Alvarez vs Plant peaked around 800,000 million buys.

So I would say that maybe the max of this fight can reach is around 500,000+/-.

But still this is a good numbers if they hit that numbers as we are still in the pandemic era and maybe there are people are still not willing to pay that steep price.

Exactly, that fight of Canelo vs Plant is a historic fight, so that's expected to gather the crowd, so maybe we will lower the estimate on this fight, I'm even doubtful if they'll reach 500k subs since Crawford is not really sell huge PPV views in his past fights.
1540  Bitcoin / Bitcoin Discussion / Re: Apple CEO Tim Cook invests on Crypto on: November 11, 2021, 11:40:05 PM
This comes to the reality that nobody could afford to ignore Bitcoin and even poor individuals are also taking shares from their salary just to invest this. How much more the rich people like him, a CEO of a known and very popular company, that is not surprising.
I guess, he knows best than the majority of the people around. Investing is the best strategy to grow and keep our wealth healthier.
Not only him have that kind of positive insight towards crypto but I guess, those also who have heard about Bitcoin especially at his time that Bitcoin has been proven already as not a scam or Ponzi scheme.
With Tim Cook starts to invest in crypto, probably more people will embrace crypto as its the most powerful investment at this digital age. And thinking that bitcoin could hit more expensive price as months and years go by, then its always a good reason to start investing in it now, and see your investments turning into millions in the coming years. This is only if you are seeing the positive side in bitcoin, but if you are still hesitant on it, make a deep research first before making such move.
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