The price of altcoins is based on hype, artificial pumps, irrational speculation. It's not based on real world utility.
Correction! Not all altcoins but there are still a few altcoins that are not based on hype but these alts are also based on speculations because that is who crypto works. They can also experience an artificial pump or often called as bull trap. Lastly, there are also alts with real world utility. Yes all altcoins. Show me any alt with actual real world utility. And a few stores in the world accepting them doesn't count - there should be millions of active users to qualify a coin as having some utility. This idea that there are good altcoins is precisely how shitcoins still manage to trick people, even after all these years of thousands of failed coins - shitcoins just convince people that they are one of the "good projects". Even some of the top ranking altcoins in the market arent still showing off some utility or does really have those relevant usage or something in related which do proves out that it doesnt precisely shows that a coin is placed on the top will really be having that kind of quality and some of them are just been built up by some hype and fomo but there are actually which are really that having real use case or tagged or in line with some platform or services. Terms of investing then its not always been recommendable on going all in. |
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My questions is that ' is there any possibility that some point in time in future BTC community might decide something which can retrieve this lost BTCs?
Nope, 2nd post of this thread does explain and this comes from the creator itself which means its the absolute rule when it comes or in talks about lost Bitcoins, thats why you should really be careful on storing up your coins and never ever tend to forget your private keys or seeds which could really be the thing needed on accessing your wallet. There's no way that community could make out retrieval and if you do tend to understand the basic concept of Bitcoin itself then you would clearly understands. |
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Keep accumulating over the long term by buying at dips. Always keep spare cash to buy the dip just in case one occurs.
Analyze the market and look for opportunities when you can take out the profits.
With those profits, keep buying when the market goes in a down trend. Patience is the key.
You will feel many times to sell as soon as you see some profits but hold you way until the market goes in opposite direction on bigger timeframes.
Accumulating is something everyone should do, but unfortunately not enough people do it. When you see bitcoin go down 50%, that is exactly the time you should buy as much as you can. That means if we end up with something then we are going to end up with a good return, but if we just keep on waiting or try to trade during these markets then we could very well end up with a loss, or at least miss out on a profit. That's my approach, I accumulate as much as I can, to be fair I do not have near the levels of bitcoin I would love to own, but that's fine, at least I am trying to accumulate more, and I know that this will return to be something awesome for me one day. Accumulation is much more preferable because having cheap prices doesnt really come often or simply treat up these drops to be some bargain in relation to the price of the coins as of today. We cant be sure if we would see these numbers again and presuming out that reversal is on next on line which its somewhat anticipated that we would really able to place ourselves into the possible bottom. Cant really be precisely predicted but we wont really be seeing any outcomes or results if you do let yourself just sitting around and missing out or doesnt really make some action. |
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We really don't know what is running on the mind of the Shiba Inu founder. It is early to say that it will commit a Rug Pull when the market is still very healthy. I think we should take precautions for now. If we are worried but have a second thought to sell, we can sell half of our holdings at least we have secured 50% of the current valuation of Shiba Inu if ever the situation goes southward.
The decision of the founder of Shiba to leave the project sparked negative news for shiba holders, but in fact it did not have any impact on the price of shib other than the effect of the impact on the price of BTC, after I learned that if shiba has a different tokenomic so it doesn't have a bad effect on the price of shiba if the founder of shiba no longer controls developments shiba. I dont really see for it to be that Shib would really be ending up like Luna and come to think that its application or being alternative payment system in gambling sites and other services is something that could be seen which means that application and relevance or utility is already there unlike this shitty Luna that we do know. For those holders then its up to them whether they would be continuing on supporting it or not and price or its value will really be depending on the community which is something that cant really be predicted thats why always mind off about the probabilities and be aware and be prepared on it. |
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I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain? As an example, a casino like this, but with more games, https://lightning-roulette.com/I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought. And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right. Some do say say it was still experimental thats why they do still prefer the old way instead of LN but eventually i dont see anything wrong on making use of LN but it wasnt really that developed well on which it could really be that just right for it to be in used on this kind of aspect but it wont really be that bad on making use as long it do serve out its purpose but for now its still experimental? It doesnt really get that much attention but one day when its really that being developed then there's some chance. |
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In general, many often have problems when working with bitcoin. And most often this is due to the fact that traders simply do not have enough experience.
You are totally talking shit because your post is totally irrelevant or doesnt really connect on what OP had been talking about.Its not about trading and experience but rather on having access on old wallets you do have and going back to the topic then i dont experience this one since i havent able to engage into bitcoin on to those early years which you could possibly able to make huge money if you had bought cheap into those days. Its really that regrettable or having those kind of stress and being annoyed if you do really mind off on how you do miss out that big opportunity. |
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The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.
Nothing can stop the market but we can only keep it for ourselves when it's a good time to go up, we just let it go and when it goes down like this. Even though others have panicked, but until now I can still be patient to defend mine. Patience is the key for people not to panic and sell at a loss, however, if you want to profit, then make sure you buy when the price dip as eventually it will recover and that would give you an opportunity to enjoy a short term profit. This kind of bearish market is not new to us, it happened many times in the past, and we have the trend since bearish market comes after the bull market. If a perfect world, then yeah, this should be the mindset. However, when face with this kind of difficulty, i.e. the price is going down hard and investors specially beginners, doesn't know what to do or doesn't understand to react, they will immediately sell. Again, for us, this is nothing new, but maybe for majority who join in last 2021, they haven't seen this before. So it will take some time for them to realized that they don't have to panicked, or at least not sell yet and just continue to be a holder and have the patience. Newbies are the ones who do commonly freak out whenever there's a market price decline but for those people who do have already some experience and awareness on how this market behaves then they would typically see this as a normal day here on crypto space.You should really minding off that the market could really only be having two possible path which is to have bearish or bullish run. Thats why it would be sensible for you to learn up different trading styles and making out good decision for you to make profits out of those movements. |
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I have seen so many similar legendary formulas and other things, but you need to understand one truth - time does not stand still. And those truths that worked yesterday are no longer relevant today.
Well said! Thats why we do make learnings from time to time or on everyday when it comes to adjustments and sudden changes of our strategies or set-ups whenever we do see particular situations or scenarios that you havent encountered before. The strategy that you had used on yesterday wont really be precisely be effective on tomorrows price condition.Opportunity is something depends on someones own taking or decision where some people do see an opportunity and some do see it as a warning etc. thats why actions would really vary. |
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no sportsbetting anymore or am i just blind?
You arent that blind. They do only offer CasinoLive CasinoVirtual GamesFor sure they had removed out that Sportsbetting yet this might be the one or the reason on involving that abusing non deposit bonus. Its better to listen up on what would be their words in regarding on removing that sportsbetting which i had able to experience it too and it isnt something bad imho. |
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If I had to take a punt I'd say it will be back at all time high within a year. Then maybe double that within 5 years. Honestly no idea, just guess work. All depends on Russia, inflation, recession etc. Currently market is recovering and June will be bullish .
I do usually this kind of mindset or perception about probable pumps in the future thats why i cant still ignore on having not to take a look with my shitty coins in my shitty bag. You wont know on which one would make out some significant rise thats why its better to check out and wont really be able to miss out opportunities on making money out of those shitty coins. Well, its better not to anticipate nor hope that much because not all the time you would be ending up on making money, its called for a reason. This is why its important to search up for potential coins/projects which could really be having high chance or odds on pumping in the future. |
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Was informed this bitcoin thing 8 yrs ago but then i am not totally interested and never show any plans of buying bitcoin. When someone is sharing their experience with bitcoin. I always listen and forget about it. Totally, i am not interested until my friend show me some evidence what she gets from btc that is the time I finally took chance of buying and keep my coin in my wallet and considered it as my investment for my retirement.
Wow! 2 more years, you will know bitcoin for decade. I knew bitcoin since 2015, but I am not yet fully interested about it, I just drop by here and there but I did not do some deep research about bitcoin because as for me? I saw many scam hyip during that time as long as I remember. 2017 is my breakthrough, I learn more and explore more, I even reach my friends about it but they did not interact with me and interested, and now I saw them being in crypto like wth guys I teach you when it is very low now you are crazy bout it. I know bitcoin in the same year which is something that regrettable because i do have those kind of feels that if i hadnt able to miss out then i might be rich as of today which is something that haunts me every now and then whenever i do see on how cheap bitcoin was into those days if ever i do able to get hold at least a few of coins then my life status or situation. Well, there's nothing we can do but to move on and better to make investment as of this moment yet we know that potential for bitcoin to rise up its price in the future is high but well its not an assurance. |
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The best way to advertise your new casino is to put in a lot of work I'm into promotion in form of promos and giveaways, or if you want to make more noise on the forum you can do a signature campaign also.
•Signature campaign •Social Media exposure •Promotions and giveaways •Art competition •Blog/Video/Review campaign As long your budget permits you then the more the better because we know that marketing does plays a big role on every business. |
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Am still new in this space both in cryptocurrency and in this forum and seeing what is happening even to stable coins lately make me decide to put all my investment funds into Bitcoin since Bitcoin has never crashed or a billion coins getting minted out of no we're and dump into the market just like Luna tereUSTD did, so for your peace of mind I advise newbies to rely only on highly decentralized crypto Bitcoin. Until you learn enough to decide which risk to take and which not to.
It is nice to see at least a newbie with some common sense, every single day we see newbies taking enormous risks that even some of the most experimented members of the forum will never take and yet they think that somehow they are going to make things work, but as you may guess that is not what happens and the people that invested in altcoins lose a great deal of their money, and while what we saw with Terra Luna is the most extreme example of this, the truth is that we see something like this happening almost every single day. Thanks, ops I have seen how many newbies like myself make a lot of mistakes all to make big profits from altcoin that does not have sustainable market viability, for a long term sake one needs to put all in Bitcoin. In the coming days and still planning to convert my other assets and put them all into Bitcoin. Well if you fully aware that even bitcoin could always fail at any time , then go forr it. Big risk big return indeed, but for now bitcoin seems doing fine which is good for you , but still you should never forget that there is a huge risk await. Brace yourself and wish you a goodluck putting all your lifesaving there  Acceptance of the risk i would say or we do all know on which people could neither be accepting the risk involved or not and its up to their choice whether they would be integrating it into their business or not. As long you accept the risk then i dont see anything wrong or hindrance for someone to make up decisions.Its your money so its your full control on what you should gonna do. Mind off about the things that could possibly happen if ever the market would be bitter and on the time that it do make some greens. |
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First of all, I would advise you to pay attention to training. At least when I started working with a broker from AMarkets, I actually used a demo account to get enough experience.
You know that learning never ends so we need to read and learn more everyday so we can get aquatinted with trading and get to know more about how the market behaves. The market can change pattern anytime so we need to be learning new things everyday so we can always equip ourselves with the latest information that can help us to get the best out of the market. Never ending learning indeed because market conditions is something that do really changed up very actively and imposing different scenarios and conditions which would result into adjustments to be made by someone which is really just typical reaction or action to be done. Tips for good trading? -Never make yourself greedy -Never in a hurry -Proper risk management You would be finding yourself doing just fine but of course having good control of everything would be ideal specially with your emotions and with your finances. |
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High rollers are indeed whales or does have lots of money but they are the ones who only know whether they are profiting or not as we can't see their statistics most of the time.
High rolling involves more risk and this is something an average gambler should avoid. Yes, if you have a lot of money and losing money does not matter much, then you can take big risk with high rolling. Sometimes you will win big amounts but as per my observations, most high rollers end up losing big. Don't know if there is any algo at the backend which make them lose or its a just a bad luck for them. Even if you are having lot of money and you continuously loose it without any proper management in gambling then it's dead end and you will loose it all which is worse.The high rollers have huge bankroll to support their loss but they win sometimes and also play in fun manner but yes small gamblers should play according to their limits and have set budget which restricts them going above it to avoid becoming gambling addict. Spending money for the fun you do seek isnt that bad but once you are spending too much because of it, no matter how rich you are then you would really be coming into a point where you would be spending all of those funds and would leave you a miserable life because there's something that you cant able to buy anymore or even putting yourself in the worst condition in terms of finances. Cant really be denied that watching whales on every site making out some bet with those eye-popping base bets which is something that we cant do in our entire life So its better to be realistic and be sure with your actions. |
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I have an LCX exchange account that used to be an airdrop, and in it there are some LCX and TIA tokens but what I'm surprised about there is that KYC is very difficult to do, even I have more than 5x KYC but the results are refused, clearly the instructions I run but still KYC was rejected, so I gave up and let this account never KYC.
If the coin is valuable enough to give our KYC then why not mate , but if the amount is just peanut that you need to risk your identity ? then best to let it go and forget about the LCX and move on . and besides Token with this behavior with the team seems to be something that we should regret partaking , because there are many out there that offers safer and worth investing that we can take than this exchange that i only heard now lol. One of the things you should consider which is this one where you do really mind off on giving out your personal details for such amount and if its just peanuts then it would be dumb in doing so but if its big then go ahead but of course you should be keen whether the platform is legit and reputable if you dont like to lose your coins. This is my first time on hearing out this exchange but since we do have lots of platforms in the market then its really hard to make out conclusions whether this one is good or bad. Therefore, the best thing to be done is to make out some in depth research and make out choice whether you should proceed or not. |
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Honestly, I'm one of those people who only work to fulfill my daily needs. Because the average income in my country is not large, so I can only
buy daily necessities from the income I get from working. Even I don't have money to go on vacation or buy luxury goods, my life is like
middle-class people in general. So when the price of daily necessities rises, all I can do is, of course, find ways to increase my income.
Fortunately, since getting to know crypto my economy has started to improve, because there are many opportunities to be able to make money
from the crypto world. Now I don't have to worry about the increase in food prices, I can still buy food even though the price goes up, because
my income has increased. So the best solution is indeed we have to work hard by finding ways to make even more money with the increase
in food prices today. Moreover, information is very easy to get with easy internet access, I also got information about crypto and found out how to
make more money from the internet. So take advantage of technology to make our lives much better than before.
You are not alone, as many people are into crypto just like you. So you should not think that you are alone. I'm sure one day we will have a better life and investing in crypto will provide an opportunity for us to have a better income. With improved technology, we are one step ahead and can have more opportunities to make money from the internet. Aside on having a day job then it would really be that sensible on looking for something alternative on where you could able to make yourself that sustainable despite of the possible crisis that might able to experience on where you could at least able to handle out yourself into these kind of scenarios. Therefore finding alternative or other option is they key for you not to mind off that much or improve your overall fiat or lifestyle status. |
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Who said high rollers are losing in the end? This is gambling and when we bet we only hope to win and the outcome is not guaranteed win so you are at risk of losing the funds in first phase but if you are lucky you will win and have profits.High rollers are giving out huge profits to them as you see the Rollbit boss has wagered over $1billion which is insane amount and imagine how much the casino would have benefited from him? So as a whole they are making profits from all and giving out to all which matters in the end.
Not all high rollers, but most of high rollers are keep losing, that's why I thought they're a billionaire who doesn't know how to spend his money. They seems doesn't really need any money and just giving away when they won, maybe they're looking for popularity. You can think with your logic, if gamblers mostly always won, Rollbit wouldn't survive and go bankrupt as their reserved money are empty. It's business which it is really just common sense that they are making money or profits since they are really that able to operate for so long or something in talks about sustainability because of the players or gamblers who do keep playing and losing but of course there are still some who do make profits but we know that house do always win in the end. High rollers are indeed whales or does have lots of money but they are the ones who only know whether they are profiting or not as we can't see their statistics most of the time. |
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Are you mostly in alts? Because if you are, then your pain and suffering might have only begun. Bitcoin came back from every major crash happened before but alts don't share the same luck.
If the portfolio is filled with altcoins it will hurt when the market drops lower, but if you own most of the top bitcoins and altcoins then there is no need to worry too much, because once the market recovers the losses will likely recover. So the fact of recovery is guaranteed for Bitcoin because without an increase from Bitcoin there is no hope of a recovery at its previous price. Doesn't matter if we hold top coins or not,yet we are always pertaining about USD value which we do sees most of the time or being mindful or watchful with it because whenever we do see some declined then we do really start up to worry. As long you don't sell then you won't lose something that's why self control and emotion handling will really be that crucial because if you don't then you would really able to experience losses which is something that very common to happen due to bad acts. |
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Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago
I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin. However, the market is pumping, and it may seem like a good move if the loan is not for lunch, rent, and family bills which account for our daily needs (That is, my daily needs have been taken care of). Thus, timing is another criterion to discuss. How can someone know the perfect time to pick such a desperate gamble? We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market, good guides or rules can be shared for users and newbies in the forum to have a grip on the market and know if borrowing is appropriate. It does sound thoughtless but, borrowing is part of the business. And we must prepare for the best as well.
Thanks, I'm ready to learn.
Much better to earn and save first before entering an investment thing but if you can handle the stress and all the negative thing when your investment doesn't reach your goal then go on. It is your choice to invest and borrow some money at your own risk. Borrow if you could able to bare the risk but if not then better wait for the right time be because there's right time on everything but I could not blame on why others is on the rush because opportunities do really come on an unexpected way which you would need to act fast so that you could take advantage of it and this is where taking loan or borrowing money would be one of your options.So it's a personal choice and be sure or responsible on repaying those in the right time so that you would avoid problems. |
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