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The UAE has been very forward-thinking when it comes to the development of the region with a view to attracting tourism which can be one of the biggest revenue generations and has also been very receptive to the Cryptocurrency/Blockchain ecosystem. I admire what the Government is doing there, first was Dubai, and now Sharjah. The UAE and most especially the emirate of Dubai is already a destination choice for most tourists, this will make it more exciting for tourists to see Sharjah in the same light and they rightly pointed out, create new metaverse jobs.
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Anyone who ever got rich in crypto bought cheap projects early before they were multiple billions worth.
Next project to kill Chainlink and IC for ecample is ModeFi. And you can make x1000.
Why would anyone who loves crypto and who wants to see a better world trust projects that made their owners rich and lazy? If you want to be in a good, hungry project that can still change the world be in Bitcoin (since its not owned by single people like the rest of the top100 crypto), or buy crypto that is still only $5m or even less market cap like Modefi.
I got x100 on Chainlink which I bought in 2018. Because I learnt from early ETH buyers who got eth for $0.25 and got rich like mmcrypto and themoon (they mainly got rich with affiliate commissions tho), however anyone who bought ETH at $0.25 trusted an unknown, small, tiny project that was not established yet (like Modefi and others now) and got rewarded. But why did people go in ETH early? Simply because they learnt it from the early Bitcoin investors who got Bitcoin or $0.20.
Now you need other early projects that are still small to become financially independant and free and to revolutionize the world. Not the big ones. The big ones keep everyone poor. They crash by 95% in bear markets for a reason. Do you not want x500 or x1000? How can eth possibly ever go x1000 again?
Learn from the early crypto people who trusted early projects and got rewarded. You just need to find the good projects (modefi over 1 million lines of code, self-funded), the good teams, the crazy and creative teams, the guys who will make the world a better place and help replace banks, mainstream media and centralized social networks.
Is this the same project you are talking about? You think the big projects make people poor because they drop about 95% during the bear market hence the need for investors to look at new and low-cap crypto projects.  What is going on with this your wonderful project? am I seeing a -96.2% drop from its ATH of $6.09 of 2021? Even though some new projects have these quick pumps after launch, the question is, will they be able to hold and continue that trend after subsequent bear markets? |
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Hello guys just don't get me wrong. As we all know that one day we have to die. So for this I was wondering that if we have at east 1 million dollars in cryptocurrency or just couple of buck like me  and nobody in our family and also friends do not know anything than what should be the possibility. I think that's the reason still there are millions of BTC that are still missing cause of lost key or dead Bitcoin holders too. I think we should at least make backup file and should transfer in Bank Safe so that when they receive than they know how to retrieve it. Still not getting Any merit 😁 I have seen similar threads with this same question before and they have been well-deserving answers there too but however, I believe this is simple in my opinion. Some of us are fortunate to have good families around us that we have been able to entrust Infos of accessing these crypto assets to, in the eventuality of a case of death. Backups of access to wallets and private keys can be accessed by some family members so that they can have them. |
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I first came to know about Bitcoin through a friend of mine I don't know from where he came to know about it but one day he told me about Bitcoin and the ecosystem of Bitcoin attracted me to it and from then on I started researching Bitcoin and got inspired to use Bitcoin. And that's how I got involved with Bitcoin since 2014
Likewise. I first came to know Bitcoin through a friend, my colleague we worked together, we actually bought some satoshis then to pay for one online access and after that, I never really looked at Bitcoin as what I can invest in because he never really explained it to me, only that we needed it to pay for that access but a year or so later I got to really know what Bitcoin is and it is a good option for investment and this must have been around 2016. |
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There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)
What do you mean by RSI? Relative Strength Index? I self going to invest in Alts after 2024.
A good time to invest. Bitcoin halving would be around March 2044. Investing around that time would be better. But I am thinking next massive price drop would be the best time to invest in altcoins, but which the coins would increase and later decrease back. All cryptocurrencies Increase and later decrease during the whole market circle however I guess we all agree that the best bet for Crypto investment is Bitcoin whether you are doing DCA or able to buy a the bottom of the market for the long term. That said, we cannot also dispute that there are strong Alts in the market that have proven their project in the past years but we investors are also eager to look at buying in New Alts because they believe that the top 20 Alts CMC might now be repeated in the next Bull market plus those looking to cash in from this new projects, but timing in investing in any of those Alts is very important. |
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People buy bitcoin without having any plans, they only rely on bitcoin to gain profit from it.
The reason is because Bitcoin has been proven and able to rise to a higher price despite the many negative issues or FUD that befell it. Saving money in Bitcoin is more comfortable than collecting some Shitcoins whose future is not clear, even if you buy Bitcoin without any plans for the long term, Bitcoin can still be relied on for a long time. True that. Some people still mistake investing in other Altcoins like investing in Bitcoin. There is an above 80% that your investment in Bitcoin is going to give you more profit that investing in any other Altcoin for a long time. Yes, there might be a risk with every investment, and not that it could not happen in Bitcoin investment too but it is safer everything being equal cos I believe that we can all agree that the day Bitcoin fall, so is every other Alt. |
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 roll a 12 sided die- Good day to all my friends here on this forum, based on what you can see in the picture the two @Dave Portnoy and @Elon Musk had a short conversation about their Bitcoin holdings. And Elon Musk did mention that there hasn't been any bitcoin for sale since he bought it. Is the question true that Musk mentioned that he posted on the Twitter platform? In addition to this, many of us in this industry community know that the price of bitcoin will increase by around 100k$ or more, there is just no certain day and year when it will happen. Also, we don't even know how many bitcoins Elon Musk holds, but he is one of the biggest holdings of bitcoins in the world today. Do you think Elon Musk is one of those who will push the price of bitcoin up to reach 100k$ each when the bull run comes? Your opinion is much appreciated 
Source : https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-muskIf you noticed the Bitcoin market shortly after that tweet, the Bitcoin price dropped from its trading price of around $59k to around $29k in June 2021 so we cannot really believe his tweet will always have a Bullish effect on the Bitcoin price action going forward as much as it once did. The market has seen Bull and Bear markets before Elon Musk invested in Bitcoin and this has been the pattern of most financial markets, and when the next bull circle comes, I don't believe that it would be because Elon musk influenced it. |
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I agree with your opinion, indeed there are many victims of bull run, as experienced in 2021 and I am also a victim of bull run, but with me being a victim of bull run, of course it will be a motivation and experience, and I have not sold it until now. my bitcoins because I believe there will be a next higher bull run.
Well! everyone who didn't stop and calculate their money well to spend just what they can afford to lose is the true victim and to make it all worse, those who sold their BTC now despite the current situation of the market are the real losers. They really need to move on and recover the money they lose from different sources because they have nothing to gain anymore when the bull runs come. If they want to get back to invest again, they should at least use the experience they had last time to avoid unnecessary loss of their money and they might consider holding for long instead of wanting quick money which is really hard because of the volatility of the crypto market. I agree with you. A couple of things are involved in Investment and Investing in Bitcoin is no different. People still haven't understood that what you put on investment in terms of capital shouldn't be what you might need in the next few years so whatever is happening to the market would really affect you even if they FOMOd in during ATH. Those that were able to hodl from the 2017 ATH to the last ATH would have been in profit because the funds were not needed and I think that part is really important. |
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This is another way of showing how early investors or believers received their part of cake from their investments , though this sounds like not really a trust but an opportunity and experimental? yet that said painter is a double digit richer now . and maybe as she continues to see the future? then keeping the said bitcoin will bring Her more confident as the price will continue to progress if she will look deeper to what is bitcoin all about and how this works for betterment of the system and the market. This is good news and more so for the painter but this might not have necessarily been so if she probably understood Bitcoin from back then in relation to your early adopter's beliefs. Just take a look at the market and how quickly people dump their hodling any time there is negative price action in the market. A good number of early adopters most have also sold the hodlings long before now cos as we know, she didn't even remember she had it but it is a good reminder that HODLin is KEY with BITCOIN. |
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I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.
I love to read your stories about Bitcoin adoption too!
Well, People are always quick to jump to conclusions even without verification. Did you really verify the negative thoughts about Bitcoin before you believe it was so or that was just out of what was been said? Anyways, it is good that you have now understood what Bitcoin is and I truly believe that we are still at the early stage even though people can again argue that Bitcoin has already gone too high in price not thinking where it could be in years to come. |
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I totally go against teaching bitcoin in the church, a place of service isn't a business or e-commerce trade zone where financial empowerment is taking place, moreover there's a topic already created that talks about this same idea Bitcoin Class in the Church (14TH August, 2022 so I don't know if you're the one having a piracy to the topic to phish for merits or same person indulging under a covering, if you must teach bitcoin, go to the street, neighborhood, market, companies and organizations and introduce bitcoin to them, lastly make use of the search button to check for related topics being already discussed I Kinda agree. I believe that there was supposed to be a service agenda for that time OP is taking to teach about Bitcoin in the Church which might not allow for enough time for understanding and Q&A, however, I commend your effort but If I were to do this, I would rather organize a seminal in my immediate community, like in my street for a start, this way I would have all the time to drill down of everything that needs to the thought and a follow-up Q&A and subsequent support. |
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The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
I would want to believe that if you look at the Bitcoin price chart in a daily time frame, it would seem as though October month might be more of a Bearish trend than Bullish. Both the MACD and the T3-CCI indicators and even the CPR all kind of pointing downward, we could see some more dips with the price. |
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I think it is a great move by the Namibian Government to allow for not only the trade of Bitcoin and other cryptocurrencies but also allow for its use as a means of payment even though cautioning the citizens of the risk that comes with it. This is a step in the right direction in terms of crypto adoption cos if the Government didn't see positivity in it, they wouldn't have taken this step and I also believe it is just a matter of time before they confirm it is an official Legal tender however I know they will want to weigh out the pros and cons before taking that move, nonetheless this is good news.
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they should be billionaires, but with a record they hold their btc, until now even though they have sold it at 60k $ yesterday and bought it back at 20k $ still get double profits.
Well exactly like I mentioned in my previous post. If there were some that were bold enough to have held through all the ATHs the market has seen and were not tempted to sell  Do you know what it is to have bought Bitcoins for as less as $5 or even less would be seeing your wallet at a rate of $20k -$60k per Bitcoin? Truthfully, I believe that those that lost their wallet PW and later recovered it would be the most on this list |
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A: You have been this forum for 2 years, are you really don't know what is stablecoin like USDT, DAI, USDC? It's a coin that pegged with fiat, so it doesn't make sense if CBDC replace stable coin since both of them have stable price.
I am not speaking about myself.I am speaking about people who think like that. I know what is CBDC is. I don't consider it as Cryptocurrency only in first place as it lacks the feature of Decentralisation and controlled by Central banks. I ususally conduct researchs. So just checking if there any people who falls in above three categories. I don't think you are going to find those people you are looking for here because we all understand what CBDC is and can never be compared to Cryptocurrency because all here know crypto. I believe your research population shouldn't be within the forum and for those people that would think along your line of question, it will be because they don't know and understand cryptocurrency and it could happen that the Government is able to convince them of CBDC which by the way is the same as the Fiat currency but just in digital form. |
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No one or authority determines the price of bitcoin, the price is affected by buying and selling of bitcoin. If more people buy bitcoin, the price will increase, but if more people sell it, the price will decrease. The price of bitcoin will always be volatile because of this. Unlike the supply which is set to be 21 million in total, so that it can be scarce.
Maybe you forgot the whales that there are only a few people in the crypto world and they are the ones who set the price of bitcoin to go up or down. I as a small fish in trading certainly have to be careful, because market manipulation is very unstable and it sometimes makes me panic. Even though we believe that the so-called whales are sometimes responsible for the market price manipulation sometimes I do however believe that this is still the natural progression of the market. We will always see a bear and Bull season regardless of the whale's manipulation which might even affect the market in a short time and not as long as the Bull/Bears market last. |
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Please briefly explain, why BTC can not be zero at present time?
Technically it can be zero at any given time.
It would have also been nice if you could briefly explain why you believed that Bitcoin will go to Zero at this time or any other time. Why do we need to continually try to convince anyone that Bitcoin is your best form of any financial instrument especially fiat, because of its decentralized nature, all the negativity we have seen within the financial system (Banks and their Government) doesn't apply to Bitcoin, and not even mentioned the Investment upside as long as you know what you are doing. Doing your due diligence wouldn't hurt. |
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If you are a crypto currency trader, or investor, you need a bank wallet to secure your profits or investments long term. What is a bank wallet ?
A bank wallet is a wallet that you will never connect to meta-mask or dapp browsers, or any site at all......
A bank wallet is where you keep your long term holdings, profits or gains across blockchain networks ranging from Ethereum network, Fantom, Solana, MATIC, BSC and the rest.
As the crypto currency market gets dipper, there would be lots of wallet hackings in the nearest Future, your BANK wallet is your guarantee not to be a Victim, start moving your valuable tokens to your bank wallet now please.
If you don't have a bank wallet yet, hurry up and create one as soon as possible.
And also remember to keep your private keys safe
God bless you 🙏🏽🤝👍🏽
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A bank wallet is still your crypto currency wallet, like wallets from trust, metamask, trezor or ledger etc. I call it a BANK WALLET to illustrate its importance. The bank wallet will be a special wallet you will never use to connect dapp browsers. All you have to do is just send your funds there and keep.
EDITED
I believe you are mixing everything up. So firstly you just made up the name Bank Wallet, whatever that means but since you mention Trezor and Ledger I would assume you are referring to non-custodian wallets which are actually the best for you to hodl your crypto assets, you say it is something that you will never connect to meta-mask or dapp browsers and still mention matemask below is  |
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Can free NFTs still make you money? I don't bother to claim free NFTs anymore because I have many that has no good use and value, also NFTs is tanking right now than shit coins, do you still claim free NFTs and are they worth anything? Maybe NFTs will make a comeback some day?
Even if they do make a comeback as you claim, I don't see those free NFTs as such that will be very profitable. Most people believe that even the NFTs market was even over-hyped when it trended considering the amount some of them cost. You can create and price any picture or art however you wish as an NFT and only if you actually have someone with an interest in it along with its price can you really make something from it, so I kinda doubt how much all those free NFTs can bring. |
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It is true that the whales are in control of the market but it is not clear if they control up to 90% of current supply. The original intent of btc still stays the same the only thing that change is the people interacting with it.
Btc was not created for the whales only, they have the large amount today because they were early and have the funds to accumulate.
Anyone can still buy as much btc as they want as long as they can afford it.
I definitely agree with you. Even now you can accumulate and be termed a whale if you have the means to do so and I don't think that is solely based on early adoption, so pardon me if I say, someone like Elon Musk can't really be called an early adopter of Bitcoin but can be called a whale based on his hodling before the sales, however, I too believe that Bitcoin has been on it right part as to what it represents only that now there is a lot of focus on its monetary value. |
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