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1561  Economy / Trading Discussion / Re: Trading not for everyone! on: September 18, 2023, 10:54:31 PM
It is true that trading is not for everyone, but not everyone wants to do it either. There are people who like trading but trading don't them. But there are also people who don't like trading, but they don't know that trading is for them. What does that mean?

For example, in my experience here in cryptocurrency, I don't want to understand or trade in this industry; I just want to have knowledge about the matter. But because I had the desire to get an income here, I found out that it can be an opportunity for that kind of thing. So I also saw that trading is the main way to get that, so what I did was find out what I should know and learn, and until now I'm still studying as I apply little by little what I learn and discover on the actual trading platform.
Each person is probably interested in trading because we can earn faster profits in trading. People even can earn profit every day if they do daily trade. Meanwhile an investment takes a longer time to take profits, it can be some months or years. So, I am a bit doubtful if there is a person who doesn't like trading.

In your case, you may not start trading because you are still learning everything about trading. You probably wants to know well first before you do trading. Moreover, you have a desire to earn income from trading, it means you are clearly interested to do trading. It is only about time, you will trade crypto coins sooner or later.

1562  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: September 18, 2023, 05:22:44 AM
Hi @hugeblack, I want to submit my posts on Indonesian local board.

This is the list of my post links:
Link 1: https://bitcointalk.org/index.php?topic=5465218.msg62811907#msg62811907
Link 2: https://bitcointalk.org/index.php?topic=5459565.msg62801174#msg62801174
Link 3: https://bitcointalk.org/index.php?topic=5361248.msg62796472#msg62796472
Link 4: https://bitcointalk.org/index.php?topic=5460820.msg62611851#msg62611851
Link 5: https://bitcointalk.org/index.php?topic=5453548.msg62308183#msg62308183
Link 6: https://bitcointalk.org/index.php?topic=903836.msg62308168#msg62308168
Link 7: https://bitcointalk.org/index.php?topic=5453734.msg62297298#msg62297298
Link 8: https://bitcointalk.org/index.php?topic=5356084.msg62211460#msg62211460

Thank you.

1563  Local / Bahasa Indonesia (Indonesian) / Re: Apakah ada perbedaan sesudah naik ranking on: September 17, 2023, 11:59:12 PM
karena banyak sekali komersil baru yang berwawasan luas dibandingkan kebanyakan orang yang sudah lama berada di forum ini karena kualitas postingan tidak ditentukan oleh rangkingnya mungkin sebagian besar pemula bisa menjadi guru di luar forum ini jadi bisa dibayangkan wawasan luas dan macam apa yang ada di forum ini. kontribusi yang mungkin mereka dapatkan dengan datang ke forum ini.
Komersil baru berwawasan luas? Apa maksudnya pendatang baru berwawasan luas?  Huh
Memang tidak menutup kemungkinan jika seorang newbie di forum bisa saja ternyata suhu ketika di real life. Tapi saya kira bisa terlihat dari isi postnya jika memang newbie tersebut ternyata seorang suhu atau berpengalaman.

tapi satu hal yang saya amati di forum ini adalah bahwa pendapat dari peringkat yang lebih tinggi lebih penting daripada para pemula terlepas dari kualitas postingannya karena menurut pengamatan bahwa memiliki peringkat yang lebih tinggi membuat Anda lebih berpengetahuan daripada peringkat yang lebih rendah.
Idealnya peringkat lebih tinggi berarti pengalamannya lebih banyak. Cuman itu tidak bisa menjadi tolak ukur karena banyak faktor yang mempengaruhi wawasan seseorang. Wawasan crypto tidak hanya didapat dari forum ini saja, ada banyak sekali cumber lain di luar forum. Kecuali wawasan tentang forum, untuk yang ini saya bisa katakan peringkat lebih tinggi besar kemungkinan lebih banyak wawasan tentang forumnya.

1564  Economy / Gambling discussion / Re: How do you manage your money on gambling sites. on: September 17, 2023, 11:47:30 PM
They want to show off and attract people to gamble as we know most of people always interested to gamble because of money.
There are typical of people who only want to show up without having a certain purpose. They may not have the intention to attract people, but people must be attracted with something like winning stories or huge balances.

You shouldn't think if they're really leave their money in the casino, you wouldn't know after they took a picture, they will withdraw the money to their non custodial wallet. Also remember, everything you see in social medias aren't 100% real, use your common sense.
Agree. They may withdraw it after they posted the screenshot. I'm sure they won't brave to keep it on the casino account when they already published it. Moreover if they are experienced gamblers, they must know if it is too risky keeping huge balances on the casino account. So, it is pretty true that we mustn't believe on them. In addition, the screenshot can be fake, too. It is not difficult to edit the amount of money on the balance.

1565  Economy / Gambling discussion / Re: Casino features you like and Don't like but you don't mind on: September 17, 2023, 11:27:45 PM
What I like about my favorite casino is that KYC is never compulsory. You can still play and withdraw your winnings even without KYC verification.
KYC is always one of the big issues on casino sites. We all agree that KYC is quite annoying, we prefer to play in non KYC casino sites. However, I don't deny that I still gamble on casinos that apply KYC but I only choose reputable casinos. Sure, it will be more comfortable if all casinos don't apply KYC, especially to withdraw our money/prizes.

Another interesting feature, there is a casino site that provides staking and farming for the members. I like this feature although it seems not so different with exchange features.

1566  Economy / Speculation / Re: The future of Bitcoin: Bullish or Bearish on: September 17, 2023, 11:14:57 PM
Yes and this is just the beginning, I mean technically we are still in the bear market, nevertheless though, this month seems to be on the sideways. But we have some movement to $26,500 and it's quite surprising to see that jump maybe in the last 3 days or so.
Of course, we are still in the bearish season. But theoretically, it is almost the end of the bearish season. When we are nearing the BTC halving, it is the sign for the beginning of bullish season. However, it is just a theory, the market trend sometimes goes unexpectedly. The nature of crypto market will be always unpredictable.

Anyway, we already experienced the sideways for some months. Even this month, the sideways continues, the price still move slowly.

And the good news is that we still have like months before the end of the year, so it's either it will end with a significant increase before the actual block halving. Or we will be just above $30k which is the biggest barrier so far. Either way, we are all looking for the eventual bull run next year. So we might as well take in stride everything that this year will give to us.
Do you mean $30k is the barrier of the next bullish period?
Even Bitcoin price passes $30k, I'm not sure if we won't have another dump. For me, the real barrier is the negative news of SEC, people are worried with BTC future because the accusation/intervention of SEC. When it is over, the market will obviously increase significantly.

 Grin
1567  Economy / Economics / Re: If the global economy collapses what's the first thing you do? on: September 17, 2023, 10:57:29 PM
I really agree with what you say if the economy is destroyed everything will fall like a homestead only bitcoin will save us -snip-
It is true that Bitcoin is quite resistant to economic downturn. When we are in the crisis of pandemic in 2021, Bitcoin even skyrockets and it created a new ATH ($69k). There is a prediction I heard lately that if we experienced another big economic crisis next year, Bitcoin may skyrocket again because people will choose BTC to secure their wealth. However, it is juts a speculation/prediction. In reality, Bitcoin is still a high risk asset, people must be afraid to keep all their wealth in a high risk thing.

So, don't rely on Bitcoin only to deal with economic crisis. We need other things to support the Bitcoin assets.

-snip- bitcoin is more cross border we move countries yes our assets also move that is one of the advantages of bitcoin no one controls our assets NOT YOUR KEY NOT YOUR COIN Our money is our money
What do you mean?  Huh
If you keep your Bitcoin in private wallets, you are the person who controls it. But if you keep it on CEX wallets, the CEX owner who controls your Bitcoin.

1568  Bitcoin / Bitcoin Discussion / Re: My passion on bitcoin on: September 16, 2023, 10:23:55 PM
I'm so passionate on bitcoin since I made research of bitcoin I have being excited in bitcoin and I'm not regretting that I invested in bitcoin with my second saves, its good to read articles containing bitcoin information before deciding to buy bitcoin I have read and I have regret,
Preparing yourself by equipping yourself with research and gaining knowledge first before investing in Bitcoin is a very good start. Usually, it's rare for people or newbies to do this. But if you do it seriously, this will have a good impact in the future. Not only that, investing in Bitcoin is also considered high risk. but with a good understanding beforehand, we can consider and ensure that we understand how Bitcoin cycles and how Bitcoin will be valuable especially to ourselves first. There will be no regrets as long as we understand what we are investing in and we really know how to prepare it well. This is a Bitcoin investment that should be done as prepared, consciously, wisely and smartly as possible.
1569  Economy / Gambling discussion / Re: How do you manage your money on gambling sites. on: September 16, 2023, 09:32:48 PM
Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites.
People who do that, probably for showing up only.
Experts or experienced gamblers must know that it is not a good idea to keep big amount of money in gambling site account.

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game.
It is the right decision. We are better to keep small amount of money on the sites. If we win the prizes, we are better to withdraw it. I also never think to keep my money on casino/gambling sites. Even if they are secure enough, but we probably easily spend the money if we keep it on the gambling account. It will trigger us to gambling more and more.

1570  Economy / Gambling discussion / Re: Tips on How to Stay Safe and Avoid Scams When Gambling Online on: September 16, 2023, 09:19:08 PM
I don't see why you could avoid scams by signing up only to the Bitcoin casino with an email address. You still can be scammed by a scam BTC casino out there because the crypto casinos these days are asking KYC as well.

What you need to do to stay safe is to sign up only to the trusted Bitcoin casino. The famous ones have been operating the business for a long time because this for sure is not gonna close shops because of your $1M.
Agree. Since most the casino sites ask for KYC, it is difficult to apply that suggestion. To join the casinos, we need to give detailed information, not only an email address. Nitrobetting may ask for email only, but other casinos don't. It is only applicable on Nitrobetting. Anyway, when someday we get a big prize, will Nitrobetting never ask for detailed information? @nitrobetting

Sure, the most effective way is to be more selective in choosing the casinos. Choose reputable casinos only, never join casinos that have bad issues. We are better to avoid joining random or new casinos sites, too.

1571  Economy / Trading Discussion / Re: Trading not for everyone! on: September 16, 2023, 09:07:06 PM
Of course, trading is not for everyone because some people don't know, how to do trading and they don't want to learn trading.
It is not the main reason, people can easily know trading by googling. There are many sources explaining briefly about trading. What makes it difficult is about the strategy and controlling emotion. It is not easy to know which strategy that fits with the market trends and our nature. Many people just follow other people strategies, sadly many people failed do this because it is not suitable with their nature. Everyone has their own style/nature in trading, never assume a single strategy can work for all people. In addition, controlling emotion sometimes becomes a serious problem. When we can't control emotion, we probably trade with no clear plan and carelessly decide anything.

If you can understand the meanings of trading so trading is the best way to make money for you. If you cannot understand the meaning of trading then trading is not for you.
The success in trading isn't determined by how good you understand the meaning. But the success will be determined by how effective your strategy in trading and how good your mentality.

1572  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: September 16, 2023, 08:54:50 PM
September usually is never a good month for bitcoin, I don't really care about today's value, let's see how we end the year: if in the next months will reach $35-40k for me it would be a great result, and anyway let's not forget that the most interesting part will come in 2024 and 2025, this is just a transaction year.
It is still in the middle of September, not sure whether the market still goes without a significant move. But so far, I agree that September isn't a good time for Bitcoin and altcoins as a whole. Almost all crypto coins are difficult to increase during this month, it is probably because we have some bad news lately. The issue related to the intervention and accusations of SEC to some crypto platforms, make investors to feel a bit worried. If this news never ends, it is difficult for BTC to rise above $30k again.

I also expect the price of Bitcoin can be around $35k-$40k in the next 3 months. We are actually not very far from BTC halving, but the price still looks hard to increase. I sometimes think that it is because many whales still want to buy more.

1573  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: September 13, 2023, 11:58:34 PM
Saving money on gambling sites is not a good idea, even for well-known sites, I don't think it is advisable to save money there.
-snip-
We can’t say it blindly,if the gambling site is good by investigation.We no need to worry about holding the money in the gambling sites.If the gambling site you are using is huge trusted among the gamblers over the years,you can hold the money with the doubt.
I think @ndutndut doesn't say claim it blindly.
Whatever the reason, it is always not advisable keeping money in the gambling account. It is not only about the security or popularity of the gambling site. When we have money in gambling site, we probably use all the money for gambling. Sometimes, it is not easy to control emotion, we can think to chase winnings. In this situation, we easily gambling more and more because we have saving money in gambling account. But if we have no saving money in gambling account, we can be easier to stop gambling whenever we are difficult to control emotion.

So, even if the gambling site is very secure and highly trusted, it can't guarantee our money safe. It is because of our habit in gambling, there is always the time when we are out of control in emotion.

1574  Economy / Gambling discussion / Re: Australia will ban Gambling through credit cards on: September 13, 2023, 11:50:23 PM
Australia is looking to ban credit card usage in online gambling. The reason they give is that Australia loses 25 billion dollars only in gambling in a year. That is a big amount indeed.
The reason why they ban it is interesting.  Grin
I think Australian government is smart enough to know what the gambling is. $25bn is surely a big amount, but it is people's money, not the money of the government. As long as the people are okay with the losses, I think Australian government doesn't need to ban it immediately. People spend money on gambling isn't only for gaining money, some people do it for entertainment. Spending money for entertainment, I think it is not a problem. Moreover, we know that gambling isn't a place for expecting income. If Australian government expects for profits through gambling, it means they don't understand what gambling is.

Is this bill means that Australia is going to ban online gambling because if people can't use a credit card or crypto, how will they do online gambling?
If they ban credit card for gambling, it will impact on online gambling, too. However, we don't if online gambling will restrict Australian people or not.

1575  Economy / Speculation / Re: The future of Bitcoin: Bullish or Bearish on: September 13, 2023, 11:37:19 PM
The future of bitcoin is both Bullish and Bearish, not one of the options.
You're right. Bullish and bearish seasons will repeat constantly.
So, we're not just going to a bull season, we will experience another bearish season again in the future.

We do not want long bearish seasons, we want longer Bullish season.
Unfortunately, both bearish and bullish season have approximately the same duration of the season. As far as I know, each season will take around 2 years. That's why people call it as 4 years cycle. We have 2 years of bearish and 2 years of bullish.

Do you think it is possible for a longer bullish season?  Grin

1576  Local / Bahasa Indonesia (Indonesian) / Re: Berani mengambil resiko apakah salah satu tindakan menuju sukses on: September 13, 2023, 11:23:21 PM
Saya rasa pasti banyak orang yang berada di forum ini berinvestasi di btc, namun tentunya berinvestasi di btc tidak terlepas dari yang namanya resiko, dan kadang dalam berinvestasi di btc apalagi dengan modal yang besar yang tentunya resikonya juga sangat tinggi dan saya pikir kalau punya tujuan kita harus mengambil tindakan dan jangan takut dengan resiko
Pastinya kebanyakan yang gabung forum ini dengan alasan investasi atau trading BTC. Forum ini kan spesifik untuk media komunikasi terkait crypto, khususnya Bitcoin.

Investasi crypto itu investasi beresiko tinggi. Mau investsai di Bitcoin ataupun altcoins, dua-duanya high risk investment. Hanya saja altcoins resikonya lebih besar karena volatilitas lebih tinggi dan banyak altcoins yang fundamentalnya tidak jelas. Apalagi altcoins baru, meme coins, atau shitcoins. Golongan koin-koin ini adalah koin dengan resiko paling tinggi.

Yang namanya ingin berinvestasi crypto, harus berani dengan resikonya. Jika tidak mau berurusan dengan resikonya, mending tidak usah investasi crypto. Bukan cuman ilmu yang harus mumpuni, mental juga wajib kuat jika ingin investasi Bitcoin ataupun altcoins. Kalau masih takut dengan resiko, berarti mentalnya belum cocok untuk investasi crypto.

apakah keberanian mengambil resiko adalah tindakan yang bagus dalam investasi di btc dan juga bisnis lainnya?  Saya ingin mendengarnya dari anda?.....tapi menurut saya berani mengambil resiko berinvestasi di btc adalah hal yang bagus selama kita menggunakan uang menganggur.
Bukan hanya bagus, tapi memang harus. Kita yang memutuskan berinvestasi Bitcoin atau altcoin, artinya kita siap menerima resiko apapun ke depannya. Mengambil resiko itu tidak masalah asalkan ada perhitungan yang jelas, tidak hanya sekedar berani saja. Gunakan analisa, pake riset, dan terapkan pendekatan tertentu dalam menentukan langkah terkait resiko investasinya. Sederhananya, aplikasikan manjement resiko yang sesuai.

Mengenai modal, yang penting bukan uang pinjaman atau uang untuk kebutuhan pokok. Pakailah uang lebihan, uang yang tidak mempengaruhi finansial kita meskipun harus diinvestasikan dalam jangka waktu yang lama.

1577  Local / Bahasa Indonesia (Indonesian) / Re: Apakah ada perbedaan sesudah naik ranking on: September 13, 2023, 11:01:31 PM
Menurut saya dalam hal ini tergantung dari orang nya
Ya, mungkin ada yang naik ranking tapi pengetahuannya begitu begitu saja dan ada yang tidak.
Tidak mungkin wawasan seseorang akan sama karena selama proses naik ranknya pasti melewati banyak proses pembelajaran. Tanpa kita sadari, sebenarnya wawasan kita terus bertambah seiring makin seringnya kita ikut berdiskusi di forum. Wawasan baru bisa kita dapat dari post orang lain, bisa juga dari riset kita sendiri. Kadang saya sendiri butuh riset dulu untuk merespon topik atau post dari orang lain.

masa naik ranking wawasan begitu begitu saja tidak ada perubahan kan jadi malu juga, tapi menurut saya dalam hal ini kita harus menikmati berdiskusi di forum ini dengan santai dan jangan tegang.
Ukuran wawasan seseorang itu kadang subjektif. Jadi kita tidak bisa menyimpulkan seseorang wawasannya tidak berkembang walaupun naik peringkat. Kadang dari segi penulisannya tidak banyak perubahan, tapi dari segi konten atau isi postnya banyak kemajuan. Ada juga yang postnya semakin banyak hal faktual yang disertai referensi. Yang lebih keren lagi, kadang ada yang lebih banyak membahas hal yang bersifat teknis. Jadi perkembangan itu bisa dilihat dari banyak sudut pandang, jangan mudah menyimpulkan hanya dari satu sudut pandang.

Karena kita juga tidak akan tahu kadang ada kalanya orang yang belum naik ranking pun wawasannya lebih bagus dari orang yang sudah rankingnya tinggi.
Ukuran wawasan seseorang tidak semata-mata dilihat dari rank saja. Ada orang yang wawasannya luas padahal masih low rank. Itu mungkin karena jarang aktif berdiskusi di forum. Ada orang yang lebih suka diskusi di luar forum, seperti di sosmed. Ada yang sibuk dengan tradingnya atau kerjaan realnya, jadinya tidak punya banyak waktu mengurus akunnya di forum.

1578  Economy / Trading Discussion / Re: How to make a life by Day Trading on: September 12, 2023, 11:59:17 PM
Most of the day traders lose.
How do you know most day traders got loses?
I've no idea about the stats of loses or wins of day traders. I think there is no valid source that can describe/explain it. It is impossible to know the number of active day traders. However, if day traders are more aware about the importance of knowledge and emotion control, I think they will have bigger chance to succeed.

Ideally, there should be bigger number of success traders because we have varied sources for learning. When day traders are educated and mature enough, they won't easily get losses.

Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do.
And that's why many day traders are also prioritizing just to have more in their portfolios.
I think if a day trader got more losses than success in trading, he probably stops it. If he continues to have more portfolios, it means he is quite success in trading.

1579  Other / Beginners & Help / Re: The Importance of inviting Newbies to Bitcointalk on: September 12, 2023, 11:54:11 PM
Many times, I think that not having more newbies here on Bitcoin will actually make the community less active.
So, why do I think it's essential to welcome more newbies to Bitcointalk? The presence of newcomers injects vitality into the community. They bring fresh ideas, add value, and help spread the word about Bitcoin. New members can also play a pivotal role in inviting others and creating engaging discussions.
Do you think a smaller number of newbies will be a serious problem?
I don't think so. This forum never targets to have certain number of members. Even we have no newbies, the activities still last as usual, no serious impact on the forum activities. Each member can bring fresh ideas, it doesn't only come from newbies. Even old members can be more effectively to spread Bitcoin information because they have established knowledge. It is different when newbies spread the Bitcoin information, they can mislead it because of lack of knowledge. Regarding the discussion, most the members involved in discussions constantly are old members. New members sometimes rarely join discussion due to varied reasons.

1580  Economy / Gambling discussion / Re: Learning from those who have experience on: September 12, 2023, 11:42:06 PM
For many years of experience, the was only one time when I had regrets when I gambled amounts that I considered right now as bigger than I could afford to lose although during that time the amounts were tolerable since I was very liquid.
It is lucky that you only regret 1 time and you can take a lesson from it. There are gamblers who regret many times but they never take the lessons from the mistakes. I think you can easily take the lesson because you aren't an addict. It will be difficult when you are an addict, you have an intention to gamble in a better way but you can't.

I know that even educated people can still be addicted to gambling. It is very hard to control our emotions so the best way to plan before starting to play or bet. Make a limit on our bets and the amount should not hurt us if we are to lose. Also, it is necessary to make time limits for our gambling activities. Set an alarm if possible so we can stop at the right time. The is a lot of stuff to do rather than gamble all day long.
Sure, even people who have good knowledge and experienced enough, still get difficulty to control emotion. It is because the emotion is related to our desires to chase winnings. That's why we need to limit time and funds, it is functioned to stop our unlimited desires in gambling. If we have no limitations in gambling, we probably end up with an excessive gambling.

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