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How would you be assured of the tipping service then? Stats? That won't give you guarantee of winning 'coz there is no such thing unless it is a fixed matched. And with fixed matches, most of the time, big investors are the one included in groups, perhaps. Also it is not something which could be accessed by anyone 'coz obviously they would not want to expose it to people because it would break the scheme. Personally, I'd choose to just lose with a simple bet. I do get the point with regards to the importance of profit but man .. don't ruin the sports industry. Gambling is gambling, there would always be risk. I am one of the gamblers who are against fixed matching. Let it be a gamble.
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Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?
Depends on what altcoin you are referring to. There are altcoins which are having good market price behavior in a long run; ethereum, bnb, and xrp to name a few. But ofcourse since we are talking about altcoins, this includes small and newly released projects which are often good only in short term investment. Big names are the ones which are reliable for long term holding because of these coins', development suuch as with bnb wherein their continuous release of launch pads are giving sustainance to its name. Huge names in this industry have grown huge community of users generating demand for a long run which gives strong resistance even with bearish market behaviors. |
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What worries investors of this industry is the tendency that this technology could be restricted to majority of countries because of regulation issues in particular with taxation procedures. Another thing is market volatility wherein investors are usually making mistakes with regards to their entry and exit points. However, we cannot reallily blame those people who are anxious and worried of Bitcoin simply because they have invested into it, and it is their money we are talking about. It is normal for them to feel so, what's not okay is to let their worries drive their actions, leading to permanent loss. We all know that loss during dumps are temporary and will only be permanent once you sell it. Problem is, we do have different tolerance in this market which makes their emotions valid.
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Possible if it is just general possibility we are talking to. The market prices have quite a good start this year and since there are plenty of months remaining this year, if things would be in favor for this industry, then there's a huge chance that ATH could be again reached on the present year. However, the uptrend or bulltrend is more expected next year due to the anticipated Bitcoin halving as we all know. Also, things are just way too unpredictable and we could all make our own assumptions. The market prices would either fall down or rise up in the first place. Eitherways, knowing when to enternbwould solely depend on the investor him/herself whether what pricepoint would he/she be able to endure changes from time to time.
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I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Can you remove the word investor and use own. Your friend is a bitcoin owner because he bought bitcoin with fiat. I also do not see the word "bitcoin investor" so appropriate. That is if bitcoin was to be a currency that Satoshi prosee it to be. Will it therefore be right to say that I am a dollar investor? So, the word investment comes in because of the volatility of bitcoin. When it rises in price there will be a difference between the initial bitcoin you bought and what you hold at the risen price. And when the price plunges, there will be a negative difference too. That is where the idea of investment came from. Though it was created as a currency by Satoshi Nakamoto, it is considered more of an asset than a currency now due to its volatility and the huge value that it gained over the years. Bitcoin serves multiple purposes, it can be used as a currency to be paid or transferred anywhere or bought and stored as an asset just like gold or property. So, the word "Bitcoin investor" or investing in Bitcoin isn't a wrong terminology considering how it turned out to be and how it is used mostly nowadays, also, it is traded, so when you buy something that can be traded and provide you profits, you can say that you are investing in that particular asset/thing. We cannot help it; Bitcoin and other cryptocurrencies just happened to be more beneficial to the users and investors as an asset which has high profit potential due to its market price volatility. Also, Bitcoin and other coins are not being used on daily transactions for the same reason that guilt is on the way and also, the fact that cryptos are not widely accepted to majority of countries. There's nothing wrong I guess because there is no law prohibiting crypto investment and limiting its utility as a mode of payment. So to answer the question on what should an invidual possess in order to be a Bitcoin investor; one is courage, another is financial capability and last I guess is knowledge about this industry.Quite self explanatory, I think. |
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This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.
Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?
It is not investing which is addictive but the desire to earn profit and to be rich in a quicker way possible than with earning it through a regular job. In this industry, it is possible to be in such state but to expect that it would be with ease, is the misconception about this industry. We are all aware of how inconsistent and how unpredictable prices move. One wrong decision could result into huge loss. Patience would play a key role but there are other factors such as TA, DCAs, and luck as well. It just happens that many people are disregarding negative side of investments and are only concerned with the potential profit. In any field of investment, things does not work that way. |
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You need to trade part-time rather than full-time. If you trade part-time, you can easily get money to re-inverse and inverse over time. Some people will have a habit of saving for their own home from the start. You can re-inverse such money to multiple in cryptocurrencies. Some mid-earners don't have money to save because they use it all for their food and the food of their family members. So you need to join the big job that pays well.
Are you aware how inconsistent this market is? Indeed investing to cryptocurrencies not only Bitcoin is profitable but given how risk is present, would be a bad thing to abandon what gives you a consistent income, which is necessary for a daily living. If you can do both at the same time then that would obviously be better; investment will give you bigger income but your full time job will give you sustainance of your daily expenses. Whether you are able to save or not, what would matter is the present. Investment alone and other related activities will only give you big profit in an instant but will also expose you to risk. Depending on your income from crypto related activities would also expose you to risks. |
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At the present, if I'm not mistaken, Pi still has no value. And I really doubt that it will have a huge price even in the future given its accessibility; being mined easily. We all know what happens if there is a large token supply for a certain coin; demand would be low as well as its price. This is evident with play to earn games which has a free-farm feature. I've been reading a few articles about Coin PI in the last few days. And I have seen that Pi Coin is a good project and I suggest you to do long term holding. If that works then by the end of 2023 the Pi Coin price will hit around $55. But that's my personal opinion and don't use it as your reference in deciding about Pi Coin because every project that is currently on hype has its own challenges to stay up or even go down.
How come it is a good project if it has a large token supply and no utility? And as I have mentioned, easily being farmed. May I know what is your basis with $55 as its potential market price then? I'm a bit curious because i cannot really see it coming for this project. |
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When it comes to life financial investment I don't judge it by how early you have started making an investment plan, I only judge it by how far you going to, end up finishing it. For example, those that invested in Bitcoin in its early stage and those that invested when it was a bit costly. You will get to find out that many sold off their bitcoin holding at a lesser price at the early stage when the price of one bitcoin is around $5k, and some even bought bitcoin when it was around $15k and they are still holding till now. The paradox of an early financial investment plan is how well you end up finishing it whether early or late Honestly, those people who think that if they are married with kids and can't try new things do not realize how many hours in a day we have. I have seen so many people who just hours and hours on useless stuff that if you are planned and organized then you have plenty of hours left. I used to work in a different business industry, I worked there for 4 years, and in 2 years of that period I worked every single free time I had, while married (albeit no kids) and still spent time with my wife, all thanks to being planned and organized. Still doing the same thing, my work takes a good chunk of my time, but I don't waste the rest on just relaxing all the time, I try to develop new skills and use them for fun instead of work now.
Honestly, the biggest mistake someone could make and it will affect him or her all through their life is going into marriage when not financially ready for it. In this case, it is better to start late and be financially buoyant than to start early when not financially ready for marriage. This will determine your future and the future of your kids I had been in the Bitcoin scene since 2014 but stuck around only for a short while before re-entering the scene a few years later. I made plenty of mistakes that, at least now, I'm not repeating, and I've stopped looking back and thinking about what I could have done differently. As you've already mentioned, there's a decent chance that the majority of those who were here in the early stages would have sold during the first bull markets. Life is full of lessons. There are mistakes that I've made in my career, like switching jobs and ending up in a worse one, but regrets lead nowhere. Now to address the marriage topic you mentioned: getting married when you're not financially ready is neither the largest nor the most complicated issue. A young couple living together with two jobs can live quite comfortably with an average job and sharing expenses in half; the issue comes when kids are around. However, the worst mistake you can make, both on a financial and personal level, is marrying the wrong person. Problem is, people are confused on the difference between being in a relationship and being married. Most of the youngsters think that marriage will strengthen the relationship but that's not how simple things work in such legal bind. Practicality would be always considered 'coz two parties are required to cooperate and share belongings with one another unlike when they are still on dating stage or relationship stage wherein two parties are technically separated still. Financial readiness should always be a requirement for things to work. But is it something to regret? Nope. Regret won't mean a thing, what's best is to focus on what is there and focus on working things out. |
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Obviously all of us will answer buy more if we only knew it since 2009 that the price of BTC will moon this high. There are OGs that still kept the old wallets untouched which they really have a ton of BTC. They must have been the true believers of BTC since time. There are also ETH beleivers who are doing the same. I personally worked with someone who has more than 13K Eth back 2016. That guy must have seen the repeat of history. If I can travel time, I'd offer Lazlo more than just 2 pizzas  Question is would you be having the capital to invest by that time? Some would say yes and some for sure would say no. Not to break the idea but the only reason why we regret not investing earlier is because we failed to do so and happened to witness how beneficial doing so. But if we would recall by that time most of the people did not invest because of doubts and lack of courage to do so. Rather than wondering what could have happen if you do this, things could still be done at the present with proper entry and exit points. The market would either go up or down and if you have the will to still invest, it will never be too late. Just do not be too greedy of profit 'coz you cannot have all the profit in this industry. |
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Having a business with a friend is both a good and bad idea. It is money we are talking about and we all know people are different with onr another. Once greed take place between friendship, for sure outcome won't be good as expected. I would prefer engaging to business alone not because I am greedy of growth but jist avoiding to cause any conflict to my social relations. Atleast in such way, there will be no one to blame; businesses has risk of losing money. Same thing goes if it succeeds. The only difference is that you'd be the only one responsible for whatever outcome it would be and that is I think better also to an extent wherein you'd be able to move, decide and act for your business' growth, freely without the need to consider other people's viewpoint. But this is more to avoid possible problem with my circles.
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As the crisis in Sudan persisted and countries tried to evacuate their citizens in the troubled country, an unexpected event played out that Bitcoin become the only way to reach some victims who were trapped in the desert with no money or bank networks.
This is the situation with some Africans who are currently trapped in the desert at the moment since the buses evacuating them stopped in the middle of the desert leaving the Nigerians who were running from the crisis to have no choice but to look for alternative ways to continue their journey back home or ease their pain while waiting for another rescue, the situation is more worst because most of those involved have no money left on them and they were relying on the government arrangement to get them back from Sudan to Nigeria but at the moment reports have it that the buses drivers have stopped the journey halfway and for the past 3 days most of the Nigerians have been left in the middle of deserts left to fend for themselves.
The role Bitcoin played in Getting financial help to the victims:
Some of those on the evacuation journey have to reach out to families and well-wishers seeking for funding to help ease their pain and since there are no bank networks in the desert and no way to send or receive fiat money, I suggested the use of Bitcoin to get money across to a friend who is stuck, and all we needed to do was to send the money to his Bitcoin wallet without any restrictions or delays.
The Bitcoin was received within a short time, and this gave me more satisfaction using Bitcoin in the time of crisis, the only problem is how he can exchange the Bitcoin and make payments that will help his struggle in the desert but the joy is that he now has access to funds through Bitcoin, and the stress to exchange into any local available currency or using Bitcoin to make payment on p2p if he meets anyone that use and accept Bitcoin is far more better and lesser worries, than the troubles of not having access to money at all.
Indeed Bitcoin is a life savior
By any chance, do you have a link on the article(if there is), regarding this? I'm a bit shocked that online payments are not accessible but Bitcoin is? As far as I know, cryptocurrencies are less accepted by majority of the countries unlike with fiat online banking as long as there is an internet connection. Offline transactions in Bitcoin network could only work through hard wallet but it sounds impossible with the given indtance since they are isolated. We all know how beneficial Bitcoin is as an investment and as a mode of payment but in times of an emergency such as with above, isn't it fiat based online payments would be more convenient? |
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To be honest, I have never taken part in an IEO on any centralized exchange. However, Binance has recently introduced a new subscription model for new projects that requires a commitment of BNB. Despite being an old crypto user, this is a completely new concept for me. Upon conducting thorough research on all previous projects launched on Binance Launchpad, I became interested in committing to it. On April 28th, Binance Launchpad will be launching Open Campus (EDU) and I have set aside some BNB to invest in it. I am aware that it involves a certain level of risk, but it's a risk worth taking as we cannot earn without taking chances. Is anyone else planning to invest in EDU? I joined Launchpad with a capital of several BNB, but I experienced a failure in redeeming a subscription because it turned out that the calculation of the BNB allowed as payment was the accumulation of the daily percentage of BNB ownership, because maybe I had the BNB two days before subscribing, not to make a redemption of EDU tokens are not enough, because the accumulated daily percentage of BNB holdings I collect 0.09 BNB while the minimum redemption is 0.1, I think many people think that they can join this event, in the last two days with 1-4 BNB and failed. And indeed the Binance Launchpad is quite tempting to follow. Probably because of the minimum redemption. Problem is that they did not specifically mentioned the amount in order for potential participants to have an idea whether they can afford atleast the minimum or not. However, the release of this token deem to be successful because its market value jumped 'til $1.62 from .05. It has a good concept as well which makes it a candidate for long term holding and would be worthy of waiting until the next bullrun. But since the vplume is not that high days after the release, risk will be there for sure. Binance is also known for auccessful release of their launchpads and if it is just potential, then ofcourse they have it. Just beware of sudden inactivity with some of their projects because it could leave you at the middle; either you join the event or wait for its release before engaging. Be careful entering halfway of price movement. |
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Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.
Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small but it is still a decent salary.
Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.
My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.
Which do you prefer an why.
It is for me a choice between assured but low income and high income but lacking assurance. Answer would depend on what type of individual you are. Some people won't afford embracing the risk and would rather choose to just settle for less as long as there's considtency. However there are individuals which do prefer shortcut to success. I'd suggest be both if you can. Trading is indeed profitable but keep in mind that not all trades would generate profit and if you can manage the risk then that would be fine but still, a consistent income is necessary for every individual to make a living. If emotions won't be controlled in trading, expect huge loss to be the outcome because there'll be times the market would be tempting you to engage and lose eventually so be careful. |
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Investing will be exaxtly worthy and promising if we really know the best time to invest, not only because the price is starting to rise up again, but how the bearish phase is ongoing and still becomes enoguh time to buy. Some people may prefer to choose investing wyen the price is riising up or in hype with bullrun. But this is not true at all in any cases. When you can add more Bitcoin during this bearish era and you can get what you are expexting to. it means that you can earn higher money if we are able to be long term holder, at least facing Bitcoin's ATH next bullish era. Just keep being patient.
When I was starting, I viewed this market as having no pattern but eventually I have learned and realized that the market price would only go to two directions, up and down. It is patience which is required in order to generate profit from this industry and unfortunately, not all people have that which results to loss or being squeezed in the middle. Investing right now could be an advantage and disadvantage; the price could fall in any day. Ofcourse waiting for the dip would generate bigger profit but what if the market price suddenly increase in a consistent manner? You'd be late with your ideal entry point right? Samething either you are long term or short term investor. |
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Unfortunately,you will only know a project would be a scam once things are indirectly announced by the project itself; sudden inactivity, and other rugpull related actions by the project itself. So I'd say there's no way to really avoid such kind of projects but there is for sure a way to lessen the risk falling for this scheme. Do a background checking for people behind the project including its team and also overall popularity of the project. On my end, I tend to read articles about a project of interest in order to help me decide wether I would engage into it or not. I also do tend to read news and other related projects to that project in particular which somewhow for me, adds to project's credibility.
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This news is from the IT Hub of India, that is Kolkata. The Techie who is just 23 years old had invested a big amount of money in the Crypto space. The investment when asked him was around INR 30 lakh ~ $ 36,600 in US dollars. That is a definitely huge amount considering his age and country of residence. Even in America, 36K USD is pretty handsome money and you can do many things with it. So the gravity of this can be sensed easily. He was saved by the Cops after a local Cab driver alerted the police and the response team was at the incident quickly. He was trying to jump from the largest bridge on the river named "Hooghly" to end his life. The investment was not his alone but he collected the money from various sources. He took loans and also was using the pension from his mother. Definitely, he had no plans and no idea what he was doing. Just save up your bitcoins in cold storage, only buy what you can afford to lose and most importantly don't fall for the traps of crypto space.
Bitcoin is the only savior in crypto and if you own the keys, you win the market. Read the news here: Techie loses Rs 30 lakh in crypto market, tries to jump off ..Cliché story as we have heard others with the same point but that is the problem already. Question is, why do people still fall on such situation? Could be greed; many people are blinded by instances wherein this industry created an image of easy money. People are desperate to also be rich in an instant to an extent wherein they would take loan in order to invest huge amount with exoectations of huge returns. Unfortunately, just like with any form of investment, there's no such thing. Risk will always be present and no matter how we get tired of hearing the ohrase "invest an amount you can afford losing", that won't work that way simply becaude there are many factors affecting one's decision and actions. As long as there are people wanting to take the elevator over stairs, this would be followed by alike stories. |
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Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested. Here's the percentage of bitcoin holders and what you need to hold to be in each category belonging to bitcoin holders.  https://twitter.com/Vikingobitcoin9/status/1651922754554195969?t=1mFAzg2Hafpee2A2Adbkqw&s=19In my own case, i still finds myself below the last category which means am holding lesser than 0.135btc as at now, can we make it interactive by giving our own standing point as at now. To be honest, I have only a small asset in Bitcoin and for sure I'd be on the lower category. But that us just fine for me simply because I cannot afford risking all of my finds in one bucket. Bitcoin is for sure one of the investments which has high profit potential but in line with this, is volatility which is something not all people could really handle. As for me, I would prefer just managing the risks on all of my investments and that includes putting or setting portions than to go all out. It simply allows me to minimize losing that much. All I know is, no matter how big or small your investment, as you have mentioned, that would be fine. What's more important is having the courage to move one step forward. |
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I am present in crypto space years ago and I have witnessed two bear market, and I couldn't take advantage of one because of the condition that I was into at the time, but I heard about every good and bad things about crypto.
But I am curious about something and I will like to ask you old Bitcoin OG on here .
Why is it that bad news always comes in a bear market and when we are in a bull market, all bad news about Bitcoin vanished? Are they doing this on purpose? It's always the bear market, after halving everything will disappear and some bans will be lifted, and so on...
Are we been played? Are these people toying with us, knowing that crypto will work but let's scare the hell out of them and take advantage of the fear? I can't come up with anything that makes more sense than this.
Not always the news but also with the audience. How you would react will simply reflect to your investment decision. Also, it is normal to hear bad news regarding this industry during bearish trend simply because expectations are broken such as higher market price but ending up with a huge dump. Demand is the bottomline and happened to be affected and determined by many factors in the first place, which should be an enough reason to say that we don't have the control over crypto prices. Same thing goes during uptrend. This is where FOMOs occur and plays a key role in this industry. If you would be caught offguard by the market behavior because of those news, a consequence would for sure, occur. |
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Moloney is advantageous in this fight;record and KO percentage. But Astrolabio would be more eager I guess for being in lower ranking also this fight could open a bigger spotlight for his career. Vincent is from the same country I was born with but Jason has the edge in this fight if we would base on their previous fights. What's nore likely to happen is a victory by means of KO simply because of their fighting styles. Both has power in their punches which could knock each other cold if it would be precised. However, I'd probably not bet on this one simply because odds of winning bet is close with the other outcome which I think is risky. I'd rather enjoy this fight as a fan to enjoy how this match up would end.
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