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1741  Other / Beginners & Help / Re: Some Trading Strategies You Could Be Ignoring on: September 29, 2023, 08:14:33 PM
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.

I think DCA doesn't fall into trading because with the DCA strategy you'll be buying each week or month some amount of an asset in crypto-currencies case we will be buying Bitcoin. It's a very successful method to increase your portfolio and with it you can have half or a full Bitcoin.


2. Swing Trading:
Swing trading involves capitalizing on short- to medium-term price movements in the crypto market. Traders seek to profit from price swings by entering and exiting positions at strategic points. It's a more active approach than DCA but can yield significant returns for those who study market trends.

This type of trading takes place a lot in crypto world and most of the traders are swing traders. The swing traders mostly focus on altcoins in order to earn a lot of profit per trade  due to the pumps that take place. Such traders are opportunity seekers and sometimes they can have losses if they trade wrong coins.


3. Arbitrage Trading:
Arbitrage involves exploiting price differences for the same cryptocurrency on different exchanges. Traders buy low on one exchange and sell high on another to capture the price gap. While it requires speed and efficiency, arbitrage can be a profitable strategy for those who have access to multiple exchanges and can execute trades quickly.

You remind me of Sam Bankman-Fried as that guy claimed that he use arbitrage trading to make a lot of profit during his early days in crypto world. I think this type of trading doesn't take place a lot these days because most of the exchange have bots that will check other exchanges price as soon as possible and will stop arbitrage trading.


4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.


Copy-trading is the worst form of trading because the trader isn't doing anything himself and is copying someone else for his trades. The copy-traders doesn't know trading and they only copy others and think that they'll earn profits with that action. These type of traders should not be called as traders because they don't really understand trading themselves and rely on someone else's trades which can sometime be the cause of huge losses.
1742  Other / Meta / Re: How to check post bursting through ninjastic space on: September 29, 2023, 07:59:29 PM
I think it is not possible for someone to make 30 or 50 posts in an hour.
Why not - you just need to prepare 50 posts in notepad and post them every 15 seconds, 30 seconds, or 1 minute between posts on the thread you want. If you really do it - then I'm sure you can probably post 50 posts in less than 1 hour. Such posting patterns may be rare - but burst posts are always possible among spammers who don't care about quality.

Well, that's a valid concern but I don't think that anyone will prepare 50 posts in notepad and post them every 15 seconds as that really don't make sense at all in real life but yes as a theory you're right it can happen. The participants in signature campaigns will never do something like that and that's somewhat impossible for them. Most of the participants spend time on forum rather than giving time to notepad in order to write those posts altogether.


1743  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2023, 07:51:53 PM
I’m feeling more bullish in the last few days than I have since the 2021 bull run. I think we are going to start a slow ascent soon as the halving closes in. Everything is in place for another round of massive, life changing money in the next 2 years.


Let’s eat!



I feel same as you and I believe that this time the bull run will make many of us rich once again.  Wink I'm 100% optimistic about the coming bull run and surely that will happen in 2 years from the start of 2024.
1744  Economy / Trading Discussion / Re: Trading bot on tradingview on: September 29, 2023, 07:30:18 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

No, the buy sell bot isn't enough for trading with profit because such bots could cause huge losses and the user who run that bot will lose a lot. I recommend you to learn trading yourself instead or relying on those bots. Trading is something that we learn in the best way when we give proper time to it. If you really want to be profitable as a trader then you'll have to learn trading yourself rather than wasting your time on those useless bots.
1745  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2023, 07:27:08 PM
I wonder what sparked this pump. Any ideas?

It's just the beginning as we are about to enter the 4th Quarter, 2023 and the last quater of the year prior to bitcoins halving is always bullish.

I was referring to the quick pump we saw yesterday, so I was looking for some news that could have triggered it.
I think you're talking about a general evolution trend on the quarterly time scale. I merited your post anyway.

According to Cointelegraph liquidations and Institutional interest can be the cause of the pump that we have seen yesterday.

And, I believe that such pumps are showing us that soon we are going to enter pre-bull run phase and after a few months we will most probably enter bull run and see so many pumps of higher intensity.

The Sec is also going to accept Bitcoin ETF's sometime during the bull run which will further increase the intensity of the bull run.

Source
1746  Other / Meta / Re: How to check post bursting through ninjastic space on: September 29, 2023, 01:53:29 PM
I read this in one of the campaign threads and am curious to know how to check post bursting through this site ?
I believe that the warning is for those users who try to create so many posts in short duration in order to complete their minimum posts. The users who do post bursting are those users who don't give proper time for writing of the posts and they just want to complete their minimum number of posts in order to get their weekly signature payments. Let's say a user makes so many posts of 250 characters in a short span of time in order to meet the requirements of a campaign but none of those posts are constructive and are made in a way to fulfil their campaign requirements only.

You don't actually need to use ninjastic for burst posting, but it becomes easier there. And in my thought, you are confused about the rule that icopress has wrote. If you wanted to avoid that, then don't make burst posts --> which means, don't make 30 or 50 posts in just 1 hour. Because that is almost impossible and the value it contains will also be lower.

I think it is not possible for someone to make 30 or 50 posts in an hour. A better example of post bursting should be around 10-15 posts per hour which is also going to be a hard thing for many users. I believe that Icopress warns those users who just want to complete their 25 posts limit as soon as possible and some users may post more than 10 to 15 posts per hour in order to complete their weekly minimum posts for a campaign.

I believe that Icopress can explain that better than us and if he takes part in this thread then that will be very helpful for @OP and all those members who don't really understand that warning fully.
1747  Other / Meta / Re: Ease URLs/Links Copier on: September 29, 2023, 01:35:24 PM
Most or almost all browsers  on PCs have a way to add extention which copy urls of current pages which is way more easier to use on a Pcs unlike mobile phones it somehow stressful  to do that.

Dealing with copying of multiple links could be frustrating sometimes as you have to go to the url to highlight,then copy, to me the is still stressful  besides not all users know about Extensions.

I'm a PC user and I don't use any extension to copy URLS of current pages because I can do that manually with simple mouse clicks and the job is done. I don't really use the site using my smartphone to copy links here or write any posts but I use mobile to browse other sites and the experience of copying is not stressful at all for me.

Why not have a BUTTON above every page  on this forum to copy current page urls , it may not solve all but  it will ease a little stress Smiley or have it attached to every post .

It's going to be extra burden for the forum users. If there should be a button then that button will have to appear on each threads and all replies of those threads. Such button will take extra space on the page and many users may click it unintentionally. That won't solve the problem of users but will create more problems for them.
1748  Bitcoin / Bitcoin Discussion / Re: Bitcoin Has Changed My Life 👨‍💻 on: September 29, 2023, 05:14:48 AM
Two days ago today I had $100 I traded $100 in bitcoin and made $10 profit now I traded $110 in bitcoin now I have $180 I mean I made $70 in two days Best earnings of my life And I want to make bigger profits trading bitcoin in the future and I want to light my future by trading bitcoin and I will trade and I will not train too much by greed I will not be addicted to training I will always watch the market and invest on bitcoin will try it looks great to me i started with $100 now i have bitcoins $180 i earned $80  between the two it is never possible by any job and it is not possible by any government government what is possible with bitcoin i am bitcoin Much respect and salute.
Good to see that you have positive feelings about Bitcoin and Bitcoin trading but I would like to warn you that trading isn't an easy game and if you don't give enough time to learning it properly then you may face huge losses in future. I believe that you might have turned $100 into $180 with the help of leveraging on futures trading as it's not easy to do that on spot because earning $80 from $100 in two days is a difficult task and I believe that you were lucky to earn that much. But, if you have earned that using spot then in that case you might have traded Bitcoin against another altcoin most probably a pump and dump one, and that my friend is a very risky thing because those pump and dump coins are very unpredictive and they can ruin someone's portfolio easily.



I have seen here many people comparing gambling game with bitcoin gambling game is a test of luck a game should never be compared to it and if you have experience on gambling then you can play gambling but you can't get addicted and get addicted to anything. It is neither good nor harmful for a person.


Well, those people who compare gambling with Bitcoin are not aware of the real purpose of Bitcoin and they don't really give proper time to research and understanding of Bitcoin. Bitcoin is a form of payment and as asset at the same time. It can be used for gambling as many online casinos accept it as a payment on their platform, but it doesn't have any connection with gambling at all, and it wasn't made for that purpose.
1749  Economy / Gambling discussion / Re: Flip or Trade? What’s The Bigger Gamble? on: September 28, 2023, 08:17:21 PM
There is a main difference between trading and gambling, in the casinos you lose your coins while in trading the coins lose their value, and those are totally different things because in the casino you will not recover those lost coins if you lose your balance, but in trading the coins can recover their value the next days, even you still having a chance to walk away with money.

That's why the risk on trading is lower than gambling.

I think you explained their difference in the best way possible and I totally agree with you. In gambling when we lose a bet we lose it forever and we won't be able to recover the loss again if we don't win any future bets. Trading is different in that perspective because a trader when buys a coin and the coin's value  drop more than 50% in value but if the trader can hold that coin for long periods then he/she may recover the lost balance.

But, sometimes when a trader invest into a wrong coin then such coin's value won't recover and the trader has lost everything. I believe same is true for futures trader who trade with leveraging. Whenever a trader goes with futures trading with leverage then I believe the thing will be similar to gambling somehow because if the coins get liquidated then the trader won't be able to recover those.
1750  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 28, 2023, 08:02:11 PM
@BritishHodl
I think it's irresponsible for a parent to recommend their Children buy property vs own #Bitcoin  now.

Most people do this because "it's what worked for me".

When my Dad's family immigrated to the United Kingdom, they bought a home for £4,200 in 1971.

They got extremely lucky as they bought that house just as Nixon decided to start exporting inflation around the world in the USA.

That house is now worth roughly £500,000.

A Compound Annual Growth Rate of 9.63%.

To maintain that trajectory of rise, the same house would need to be worth £59.6m in 2075.

Every generation has it's asset, and this generation's is #Bitcoin .


Yes, I agree with you the parents who recommend to buy property aren't sure what Bitcoin is or how good it will get over the coming years.

Most people trust blindly on Real Estate as they think that the property rates will surely increase in a decade or two and purchasing of a property is best option to secure someone future financially, but I believe that those people aren't aware about the potential of Bitcoin.

This generation's asset isn't property or stock shares because they are nothing compared to Bitcoin.

Bitcoin is the future of this generation whoever have it can live their life happily without any financial issues in the future.


Most impeccable realistic scenario with $200k+ in 2025 and hitting $1 million in 2029.


Amazing to see that in real life. $200k in 2025 seems out of picture for many but I believe it's possible to reach that level in 2025, and man hitting $1 million is really mind-blowing in just next four years.
1751  Bitcoin / Bitcoin Discussion / Re: Navigating Bitcoin ATMs While Traveling. Tips and Considerations on: September 28, 2023, 07:51:01 PM
Anyone here has any solid advice and heads up on the use of Bitcoin ATM. I'll be traveling to a new city and I'm learning there are a couple of Bitcoin ATM I'm the city. I'm looking to use one in the restaurant
where it is located in . I just want to know if there's any heads up or I should avoid it and pay in Bitcoin without using an ATM?
Thanks


I recommend you to avoid Bitcoin ATM's for selling and buying of Bitcoin because they aren't secure at all and you can lose your money and other private information if someone has installed malware in those ATM machines.

The fees of those Bitcoin ATM's are so high which range from 5% to 15% or even more sometimes. It's always better to pay directedly with Bitcoin instead of going through the route of Bitcoin ATM's. I don't think that it's smart enough to pay that higher percentage of fees if you have direct Bitcoin payment option.

Some of those Bitcoin ATM's may require KYC information as well and that's not acceptable for many people who want to make transactions with privacy. Paying directly via Bitcoin wallet is the best choice in your case and I recommend you to pay directly with Bitcoin.
1752  Other / Meta / Re: Let's Make The Merit Fun - Win Some Merits And Next Membership In The Meta Board on: September 28, 2023, 07:26:54 PM
"the main purpose of the merit system is to encourage those who are contributing to the forum by posting good posts." - it is just not working, it is clear forum admin fault. Spammers/bad quality posts are present in all active forums.

Who said that merit system is not working? I think the merit system is working in the best way possible. The admin implemented merit system to reduce spam on the forum and after it the number of spam posters have decreased significantly. The spam posts will always be present and they are present on every online forum of the world but in this forum merit system decreased the number of users who mostly made spam posts to increase their activity.

Can you please share proof of your claims? Where have you seen spam or bad quality posts on the forum and did those spammers earned any merits at all?  If you really understand what a spam post is then you'll surely share some examples of those posts, but I'm quite sure that you won't be able to share any posts or members who earned good number of merits doing any kind of spam postings. I think you don't like the merit system because it made ranking harder for you and all those members who have less knowledge about Bitcoin and can't contribute good stuff to the forum, but those who have knowledge about Bitcoin and can contribute something good to the forum will always have more than enough merit to rank up.

In fact, I have seen some members who ranked up pretty fast and have more than enough merits for their next rank. Those members are contributing good posts to the forum and that's why they are getting those merits. If you can do the same then trust me the members will merit you for your contribution. You have got more than 15 merits for a single post that someone considered helpful and that proves the merits are always there for good and helpful posts.
1753  Other / Beginners & Help / Re: Apart from the bitcoin core, are there any other way to store bitcoin? on: September 28, 2023, 06:20:31 PM
Since I believe it will be better if I first understand bitcoin's technical side before I proceed on the forum, I am currently beginning my journey with it from a technical standpoint.
But as I was researching, I found out that I first needed to download a file called the bitcoin core in order to start storing my bitcoin. In light of this, I want to know if there is any other way to store bitcoin besides downloading the core. And which is safer.

And if there is, I'd love it if the senior members could assist me with it. It seems to me that utilising the bitcoin core on a mobile device won't be much easier for me, so please let me know if you know of any way to store my bitcoin without downloading the complete bitcoin core.

Yes, there is another simple and similarly secure way to store your Bitcoin. You don't really need Bitcoin core for the purpose because there are many other open-source wallet software that you can use to create your wallet and deposit your Bitcoin into that wallet. One of the most user-friendly wallet software that you can use it Electrum. In fact I think it's most beginner friendly way to store your Bitcoin because it's easy to learn and there are many tutorials about it on YouTube.

You can watch this simple tutorial to learn about Electrum wallet:

https://www.youtube.com/watch?v=2MP_EMxypCE

You should first learn about wallet creation and once you master that then create your own wallet and then save your private keys and seed phrases on multiple secure locations so that you won't lose them and you should never share those with anyone else because if someone else get access to those then they can steal your Bitcoin remotely without any issue.
1754  Bitcoin / Bitcoin Discussion / Re: Banking scams ...How are Bitcoin better? on: September 28, 2023, 02:59:38 PM
The scammers have figured out how to use that service to their advantage... by simply tapping it continuously (if it is not limited) and if it requires a pin... by watching you and following you after you have made a purchase. (They then take your card by force and physically tap it until your account are empty)
I won't call those people scammers because they are somehow stealing your cards which fall into the category of thieves or bandits. And such things can happen with Bitcoin users as well. If some of those negative people learn about someone who has enough holdings in Bitcoin then they can kidnap that person and or someone closed to him/her in order to get the private keys of the wallets where he/she has stored the Bitcoin. It would be difficult task as compare to card snatching but it can also be done by those negative ones.


So, I was thinking... How can Bitcoin be better? Can we find better solutions for these attacks and will these solutions still give us ease of use? (No complexity but still user-friendly)

I believe Bitcoin is still safe than those credit and debit cards that the banks issue for the users. The best thing that makes Bitcoin safe is the privacy of the user who bought Bitcoin. The Bitcoin is 100% decentralized and can be purchased by anyone without any restriction. The Bitcoin holder can transfer his/her Bitcoin from one wallet to another without any issues.

The Bitcoin users can purchase Bitcoin using decentralized exchanges and those purchases will be very safe and none of the local thieves will know about such transactions. Although, Bitcoin can also be hacked but if someone does everything properly then there is very minimum chance of those hacks to take place. The banks are vulnerable to attacks from hackers while Bitcoin is safe from hackers as a network because most of the nodes are trusted and the hackers can't do anything directly to the Bitcoin blockchain.
1755  Bitcoin / Bitcoin Discussion / Re: WHAT WILL BE THE FINAL SITUATION OF BITCOIN? on: September 28, 2023, 02:35:25 PM
How Much Do You Trust Bitcoin?

Those who invested later, IS ANYONE BUYING BITCOIN AT 60 K?


Imagine Buying Bitcoin AT 60 K And Your Money Is Now 0

Well, Bitcoin Stagnated in the 20-30 Band, Do You Think the Number Could Fall?

Your calculation is wrong if someone bought Bitcoin at $60k then his/her portfolio should be at $26k or above now and if the same person bought once again at $16k then cost of Bitcoin would be $38k for that person that person will also be profitable if he/she holds those coins for 2025.

Now, let's say a person bought Bitcoin at $65k and is still holding his/her investment then within next two years he/she may get chance to double up his/her portfolio. The price of Bitcoin will at least reach $100k during the next bull run and that person will still make enough profits from that investment.
1756  Other / Meta / Re: Bitcointalk monthly traffic analysis and stats on: September 28, 2023, 02:23:48 PM
Wow! I didn't know this forum has million visitors each month.

Well, it has more than million visitors per month during sometimes. Surely during the next bull run the number of visitors will increase because new people will join the Bitcoin community during the bull run.
1757  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 28, 2023, 02:20:26 PM
I sold my BCH soon after the fork, but re-bought them, after reading some pro-BCH posts here in WO. I then thought about it some more, and decided to dump them and convert them all to BTC. Boy am I glad I did this!

I sold all of mine near $1,000. It’s quite a funny story actually, I was storing all my bitcoin on Bitcoin Core (passphrase encrypted wallet.dat)

I bought a new laptop to download Bitcoin Core again so I could move all my bitcoin so the old legacy addresses were empty per se, so I could use them to claim the shitcoin forks via Electrum Cash.

Any way, the price of BCH was $300 at the time, I was syncing my new wallet, downloading the whole blockchain in prep to move my bitcoin safely. I woke up in the morning & there was no progress from the night before. It was stuck on X weeks to go or whatever. Turns out I bought an expensive laptop with really low fucking storage. It had way less than 1TB so not enough to download the whole blockchain historically.

So, I bought another laptop with 1TB storage & began to download Bitcoin Core again. By the time it was fully synced the BCH price had gone from $300 which is what it was when I started on the previous laptop to $1,000.
A dumb fuck up ended up making me a lot more money.


That was game of luck I guess because you bought the laptop in order to transition from your old laptop and you weren't able to install the Bitcoin core in that new laptop due to storage issue, and that's why it took you some more time to buy a new laptop and Sync the Bitcoin core fully on that new laptop. Man, it was your luck that you sold your BCH for $1000, and if I'm not wrong then it took you at least a month when your Bitcoin core was synced fully into that new laptop because if we see that charts of BCH then in 11/11/2017 it reached $1000 value and its value was around $300 or little bit higher during 10./10/2017, and that's why sometimes unintentionally our luck saves us.
1758  Other / Off-topic / Re: Working over 20 years still poor on: September 27, 2023, 05:39:31 PM
The same work some do for 5 years and make it in life, other may do it for over 20 years and still feed from hand to mouth. Can we conclude that such are individual destiny?

Well, it depends on someone's knowledge and understanding about economics. Some people work for 5 years and within those 5 years they put a portion of their income for investing into assets that can grow good in value over the next 15 years, and those people mostly live frugal lifestyle during those 5 years. They can live rest of their life happily without any financial issues.

Let's take the example of first one who worked for 5 years and after that he/she is happy to live rest of his/her life happily without any financial issues. Let's suppose the person made $1000 per month and put $250 aside in order to invest those into an asset, and now suppose the asset was Bitcoin where he/she invested that $250 during 2009 to 2014. That person don't need to work anymore because he/she has invested in a very good asset that made him/her a millionaire or most probably a billionaire.

Now let's take the example of the second one who worked for those 5 years and spent his/her monthly income without putting anything for investing. That person will still have to work for rest of his/her life because he/she hasn't invested anything into an asset like Bitcoin.
1759  Other / Meta / Re: cryptofrka's Merit Source application - let's improve the gambling boards on: September 27, 2023, 03:04:09 PM
If merit was designed as a solution to help fight spam on the forum
So, no having "enough" sources will not force people to spam less, it will help them to farm more accounts.

I think that's not a true statement because the merit sources are really valuable for the members of the forum who make high-quality, constructive posts, and if there are more merit sources then most of the posts which are good in quality but haven't received any merits may get merits from those merit sources.

The merit sources mostly give merits to those threads and replies which contain valuable information, and I believe that in gambling board there are members who make very informative threads/replies but unfortunately due to lack of merit sources in that board they don't get deserving merits for their contribution.

I really think that the gambling board also needs merit sources and someone like cryptofrka who's active on that board could be a very reliable merit source for that board. I wholeheartedly support the merit source application of cryptofrka and I hope that theymos will select him as a merit source when the selection starts.
1760  Economy / Lending / Re: Not here for a loan Got a question on: September 27, 2023, 02:52:00 PM

I'm new here but not seeking a loan currently I just wanted to ask what's a valid collateral other than alt coins (would jewelry works)? I dont need any loan again just a random questions


Yes, if the lender accepts jewelry as collateral then it works as a collateral, but I'm pretty sure that only local lenders may accept jewelry as collateral for loans because other lenders who are far away from the borrower may not accept jewelry as valid collateral because it's not possible to send or receive jewelry without heavy taxation. However, if the borrower can pay those taxes and delivery charges then some kind lenders may accept jewelry as collateral if it's value is above the value of loan.
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