I reluctantly followed the counsel of a financial advisor to fix my finances in order by creating a budget and tracking my expenses, inflow and outflow of cash using an excel sheet. The economy has been crazy in my country so I needed to do something urgently. My greatest realization after this is that inflation all round is destroying my budget. It's been five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?
Don't sell anything from your assets as this will help you to survive, instead get some portion of your emergency funds. Might this is not good advice but I was thinking that our assets would be our sources of income and once we cut them or sell them, it means that we are cutting one of the resources which in fact, we need to multiply them. I've got also to that point and I think deeply and talk with some friends. You can also do this and then decide what is best for you. Admittedly, taking advantage of opportunities in life requires some risks. Using an emergency fund I think it's also good if it's done, where when someone is in a state of urgency, it calms the mind even if only for a moment. But here's the thing, One has to do everything and risk everything and sometimes it's not fair. |
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Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Yes, that's a sweet question! If possible..  First, I will take a short break from the hustle and bustle of the crypto market from reading posts, replying and monitoring the market and so on. Yes. all need a picnic with family or friends or Self Healing. And one more thing, that is to return to society. This opens up endless possibilities. |
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Borrow is not the good way of living,when you start to borrow from your friends.It will become a habit to you,you need to stop of begin the process.Because in the starting time,you will feel like guilty.Later you use the way to continue without any guilt,instead you can had some holding in the crypto currency.Then withdraw the funds on need and no need to request anyone for the money.
Your advice is good in terms of loans and their potential impact on someone's financial well-being but I think it's good to clarify by mentioning reliable cryptocurrencies so that the OP understands and doesn't make the wrong choice in investing and in terms of withdrawals too. |
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Yes, DogeFuck blockchain makes some grand claims: lightning-quick transactions, minimal fees, and eco-consciousness. Its worth acknowledging its EVM compatibility and nod towards dApps. But, Im not convinced.
Yes. I too, and it feels very ambitious to say that in the category they are still a meme coin, but, the name of the coin is "Dogefuck" cool, I am again thinking whether this will be a match for PEPE in the next episode and will attract the Hype of the meme coin community back. It's very interesting to see how it goes. |
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5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.[/b]
I agree with this point that be a smart investor, appreciate every advantage, and always be grateful. Thus, we can protect our investment and avoid unnecessary losses. It makes a lot of sense, and I want to add this, a smart investor in my view is one who is able to maintain his health and balance between work and is able to share and make time for his family and not just money in his head even though it is one of the real supporting tools in a family's life . |
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AI trend is over, it might pump someday but don't expect big gains so if we talk about memecoins which are not in trend I'd skip
All of trends already passed and i think that we must try to wait for years for the next bullish trend to come soon. We have been passing the crypto cycle when the most bearish time has come. It was when bitcoin was trading around 16k. I hope that bitcoin will able to break another ATH again. it will give good impact for altcoin. how did you know that 16k was the bottom? you think that it is over now? i think bitcoin will be take some bottom this year, the worst case is next year I think @poodle63 reads a lot of news updates and market developments. so it's only natural to predict so. If the internet is no longer there. may be. Yes. The crypto market sometimes makes us smile, it's often very wild and like rolling, I think you have to be careful when you enter the market. Let's see what happens going forward if Bitcoin drops more this year, or even next year, under another scenario. |
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so there are indeed some conditions that make it difficult for someone to hold a fiat in their hands. Apart from the temptation to shop, sometimes unexpected needs are also another cause.
Yes. Especially the needs of women, myriad. yes. You are right, if you are not good at managing finances and by making a priority scale, I think it will end with additional loans (debt) and will always be repeated. open again, close again and it will continue like that. |
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I really wouldn't be surprised or disappointed if bitcoin price tests the low support below $20k again in 2023 (but I'm sure it won't). Even though bitcoin is still trading above $24k at the moment, the possibility of a drop cannot be ignored. I don't think prices will hold well over the next few months, so of course I need to set up a budget to plan my purchases and build a strong portfolio.
Don't panic, do some analysis and collect some bitcoins if you have more budget. I will be doing this for the rest of the year and hope it will benefit me for years to come. Don't sell at loss, that's good advice for anyone holding it so far.
Nobody can predict bitcoin or neither control the degradation in price and increment in price, its very obvious that the price of bitcoin is rational and never be stable or constant at any point in time, what really determine the increment and decrement of bitcoin is the market demand and market supply, so I believe that bitcoin have to act in any capacity it wants because its been regulated or moved in price due what is been determined in the crypto market. As it stance bitcoin price can high tomorrow getting the next day the price destabilise, so it's the nature of crypto market. Yes, it's difficult especially BTC. Yes, as you mentioned above what really determines the rise and fall of bitcoin is the market demand and supply market and that shows in the daily transaction volume as well. I think it all comes back to each individual in terms of trading. But it's safe to stay in long-term HODL for sure. |
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Starting to look like one hell of a store of value for these FUD guzzling wussies!!!! Haha!
Suck on that one Peter Schif lmao. Jim Cramer rated BTC bearish maybe 🤔. USD going to absolute dog shit. Gold and silver are up and bitcoin is MOVING. LFG!!!
Everyone is waiting. We are small merchants, so just wait for the games of the popes and other big institutions. to me it's just a short movie playing for the sauce. Yes, people are now smart in responding to the FUD issue and have started to look at this potential market. BTC, Gold and Silver is a dream too for them. |
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How high can we go before 2024? $40k? $50k?
For early 2024 I think bitcoin will be pumped at $ 60k and there will be another correction before reaching the next ATH. I think? Very possible and accurate. anyways why do whales and institutions accumulate BTC will only make the market saturated. Where regulatory restrictions for crypto have been given/relaxed for every country that wants to adopt it. Yes, the Moment Halving is also in sight. January 2024 will be very beautiful to look forward to for those who are patient and wrong. Translucent ATH BTC who will hold it again. |
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The low support is being tested along the whole of 2023 but what makes it bullish is each test is higher then the last hence we do have a rising trend even if its not got everyone happy all the time. The most reliable trends are not especially obvious but vary downwards, it still counts positively overall.
All I'm looking for right at this moment is the performance of BTC over this month and the next vs steady averages like 50 day and 200 week. If we maintain above both BTC price action is doing very well and we should not expect such massive variance as to go anywhere near the absolute lows. If we lose the 50 day average and stay above 200 week then I'd say more middling performance but still imo bullish considering how negative and deep the pullback of 2022 progressed.
There are many indicators that need attention, both on charts and candlesticks, but for all those who have a problem here when bitcoin will definitely go up and it will definitely go down and one way to see it is to see the green dot candle stick for recommendations to buy / long, red dots for recommendations to sell / short. |
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do you all agree that with the emergence of fast transportation now, the economic turnover is also getting faster, this is based on the fact that any delivery will be distributed quickly, automatically it will make the price of living necessities and kind remains stable as long as it can be distributed quickly!
Definitely guys. Infrastructure and transportation in terms of delivery of goods is very necessary. If there is a traffic jam, there could be an increase in the price of an item, I mean in the context of normal circumstances, not stockpiling or scarcity. For example, there is a face majure event, for example a natural disaster where the distribution process cannot be carried out. what happened. the stock is running low the price goes up who weighs. yes. consumer. for traders this is a good moment. |
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In the initial post, I see the advice to make a choice between food and investment. As if some people should spend less money on food to invest more in crypto. But it doesn't work that way with basic needs.
One should only invest some of the reserve money they've managed to allocate from their paycheck at work or from earnings at freelance.
Balancing is needed, I myself prioritize the basic needs of the family first, especially for those who are already married and have many family members, this is definitely no. Well, I think investment is important as another option as additional income, but don't forget to post. |
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One of the main risks is that mixer/tumblers can be used to facilitate money laundering or other illegal activities. By mixing or tumbling funds, user can effectively obscure the origin and destination of their transactions, making it difficult for law enforcement agencies to track and investigate these activities. Another danger is that mixer/tumblers can be used to scam or fraud unsuspecting users. Some mixer/tumbler services may be operated by malicious actors who seek to steal or launder funds, or who may charge exorbitant fees for their services. There is also risk of technical issues or errors when using mixer/tumblers in crypto currency transactions. If a mixer/tumbler service experiences a glitch or malfunction, funds may be lost or delayed, leading to financial losses for users. To minimize risks, it is important to exercise caution when using mixer/tumblers in crypto currency transactions. Users should only use reputable services with a proven track record of reliability and security, and should be aware of the potential risks and limitations associated with these tools.
While there are risks associated with a mixer/tumbler service there is another side that we should look at as well e.g. in terms of Enhanced Privacy and Security, a mixer/tumbler can provide increased privacy and security for authorized users. Cryptocurrency transactions are often recorded on public blockchains, making them potentially traceable to anyone. Mixer/tumbler services allow users to obfuscate their transaction history, protect their privacy and prevent targeted surveillance or tracking. This can be especially beneficial for individuals in countries with oppressive regimes or those who are concerned about their financial privacy. Second is Utilization for Legitimate Purposes, The mixer/tumbler may also be used for lawful purposes. For example, individuals may wish to separate their personal transactions from business-related transactions for accounting purposes. meaning a mixer/tumbler service can help achieve this separation, ensuring accurate financial records without compromising privacy. In addition, they can be used to improve fungibility, where all units of a cryptocurrency become indistinguishable, making the currency more exchangeable and facilitating wider adoption. |
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Early investors in profitable memcoins are usually either the developers themselves or those who bought the coin through insider information from the developers themselves. Ordinary market players are unlikely to be able to pull off such a lucrative acquisition scheme for several reasons. The tokens initially appear on various DEX platforms and are no different from the hundreds of other memcoins that appear every day. These new coins do not have any serious differences that would help identify them as potentially profitable memcoins.
Memcoin's initial appearance on decentralized exchanges (DEXs) can be difficult to distinguish potentially profitable from the large pool of new coins, not impossible for casual investors to identify opportunities. Regular market participants can use a variety of strategies to increase their chances of finding profitable memcoins. While it is true, like as you say that early investors in memcoin benefit more with insider information, it is not an absolute rule that the average market player cannot achieve success. |
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YouTubers those who promote assets if you know please share their channel's and contact details?
Of course, There are several YouTube channels that are considered trusted and often recommend quality content related to crypto assets. The following are some YouTube channels that can be your reference: 1. Coin Bureau: This channel is managed by Guy, a crypto analyst who provides in-depth insights into various aspects of crypto assets, including fundamental analysis, technicals and current projects. 2. DataDash: Managed by Nicholas Merten, this channel offers extensive market analysis, crypto project reviews, and investment guides backed by easy-to-understand data and charts. 3. Ivan on Tech: With a focus on blockchain technology and smart contracts, Ivan imparts in-depth insights into the latest trends in the crypto space, as well as provides tutorials and comprehensive technical explanations. 4. Crypto Jebb: This channel is maintained by Jebb McAfee, who provides detailed technical analysis and a careful approach to the price movements of crypto assets. It can be helpful to seek feedback from sources other than YouTube. Browsing well-known crypto communities, forums, or other social media platforms can provide insight into the creator's reputation. Are they respected by the crypto community and considered a trusted source of information. And you can see the response and feedback from the community that follows the YouTube channel. Is the community active and engaged in healthy discussions? Does the content creator respond tactfully to questions and criticism? Transparent communication and fast responses from content creators can be indicators of reliability and trust. |
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At least another decade has to pass before bitcoin is reaching a considerable amount of adoption to be a gold level "asset".
That's right, In terms of a Store of Value, BTC serves as a more reliable long term store of value and judging by Bitcoin's underlying technology, the blockchain, has the potential to revolutionize various industries and reshape the financial system. This means that there is a transformative power of this blockchain technology that triggers the value of Bitcoin to exceed the value of gold. |
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As we all know BITCOIN mining will stop once the 21 million mark is reached. According to the information we have 19 millions coins were mined and now circulating. The remaining balance is about 2 millions to be mined. Why it is not possible to mine the remaining BITCOINS before 2140 when the 19 millions mined in just over 10 years?
When viewed from the level of Mining Difficulty As more miners join the network and compete to solve complex math problems, the difficulty increases compared to the previous stage when fewer bitcoins were in circulation. Although it seems feasible to mine the remaining 2 million bitcoins before the year 2140 based on the first 19 million mining timeframe. |
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