There are many investors who cannot invest due to the fear of price correction and many times lose the dip price. But i am always more busy with trading during pump time in crypto market because that is when best profit can be made. Many tokens have increased in price several times during this time so if you buy tokens now at this time there is a possibility of a big loss. Also bitcoin can reach the level of a big dump so it will make you think twice. I want all investments to be profitable so you need to experience this.
I actually feel confused by what you are saying, because there are investors who are not investing in anything now because they are afraid of being hit by a price correction in the market. I think the people you mean are not investors, but just people who don't have knowledge in investing or don't have enough knowledge to invest so they are still afraid to do it. Likewise with traders or for example, like you, who cannot be compared to investors because you only hunt for profits in pump conditions and then leave the market when prices have fallen. And what makes me confused about your words is why do you have to think twice when you want to buy Bitcoin which you say can still reach a big dump level? Isn't that a good opportunity for many people who want to buy at a discount and then store it well to see the best price in Bitcoin again, because Bitcoin is a long-term asset that is not pleasant to hold in the short term. |
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Yes, AI trading bots are becoming increasingly popular in the crypto space. They offer a way to automate trading strategies and take advantage of market opportunities without needing to be constantly monitoring the markets. Some exchanges even offer features like loss protection, which can help mitigate risk.
Have you tried it at this point? If you have tried it on any exchange, try to share a little of your experience here so that other crypto market activists can read how it works on the exchange that offers it. Because I still don't trade regularly, I still don't rely on this, so I still need to read things like this more fully so that I can try them when I return to trading using more time. Because at this current moment I still tend to buy more than sell, even though the aim is also to obtain a more perfect profit. |
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Money will solve 90% of your problems and make the other 10% easier, when people say its not all that important usually they were born in middleclass or already gave up, keep the hustle.
As long as it can still be used in life, of course it is not appropriate to call it something that is not important even though its use is only to buy the things we need. For me, money is just a bridge to solve some problems that are not that complicated, because on the one hand we all also have to realize that not all problems can be solved with money even though money can be used as a bridge to make it easier for us to solve problems. But the main point is that it must still be considered important as long as it can still be used in our own lives. |
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Selamat Hari Raya Idul Fitri 1445H (Untuk kaum muslim yang merayakannya). Assalamualaikum WR.WB. Selamat malam untuk para user SFI semuanya, semoga kalian semua masih dalam kondisi yang sehat dan selalu bahagia dengan apa yang kalian dapatkan selama ini. Dan seperti biasa pada hari ini saya akan kembali untuk mengajukan 10 postingan agar direview oleh para user SFI semua yang tentunya akan cukup baik apabila dibarengi dengan saran-saran terbaik serta kritikan terbaik yang dapat membangun dan juga dapat memotivasi saya untuk terus menjadi lebih baik lagi dari sebelumnya. |
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Whether bear or not, we need to be smart and do things in a way that would profits us as a crypto trader.
We don't actually know what will happen in the next two or 3 years, we just have to be prepared and keep our funds ready to milk from the crypto market now that the price of Bitcoin is doing pretty well in the market. Trading as been a way to make money from the market and at the same time, we need to be wise and take every opportunity before the bear.
At times like now, traders must be more active in taking advantage of their own opportunities in order to gain more profits. Because small, short-term corrections that occur in the market can also be used as good moments to get better rewards, especially if the amount of capital used for trading can be quite large. So apart from having to be smarter in maintaining their capital, every trader also has to be smarter in taking advantage of the opportunities that exist in the market at this time. |
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The halving will take place in the month of April and once the halving takes place, the price of Bitcoin will rise. But surely this April Bitcoin price will definitely break the previous record and set a new record. Because March had the highest increase in Bitcoin price which was 73.6kIt touched up to dollars. So it is expected to peak when the price of Bitcoin starts to rise this April.
Now we are in April, and Bitcoin prices are still in the range of $70K to $72K, which could possibly exceed the previous record high. But we also need to analyze purchasing power and sales volume when the halving starts so that we can make a more accurate estimate of the price that Bitcoin will reach this month. Because everyone hopes that this April can be a really good month for Bitcoin in order to see new records that are not common in Bitcoin. |
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I don't know government print money just to spend it on a project and take some funds from it to their pockets but definitely politicians take a cut in every projects that comes under their rule and it just goes as black money into an offshore account and it's happening everywhere not just in the underdeveloped nations.
Fiat is indeed easier for any party to embezzle, especially if the money is in cash, so don't be surprised when there are state parties who cheat this for their own benefit by exploiting the power they have at that time. Because projects that exist within the country and are related to the government there will always be more money for the managers so there is no need to be surprised if you ever see something like that in the scope of your own country's government. |
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The Big Answer is BOTH
there will be no Victim if there are no fraudster , but there will never be a fraudster if there is no victim.
remember that victim is the reason why there are existing fraudster.
so lets not blame one but instead help the victim find a way to not become one.
Your statement regarding something like this can indeed be said to be true because it arises from one of the causes which could be the fraudster's own intentions and could also be from an ordinary person who is negligent in taking care of anything before he is deceived by someone else. So something like this is actually more about the opportunity that is open to the person who will become the victim and the intention of the perpetrator who wants to deceive other people, which causes something like that to happen. Well, it's the fault of both of them, but the fraudster is the one to blame. He's committing a crime, there is no grey morality about that. You don't question if a murderer committed something bad when it happens.
The parable that you say also makes sense because when you examine in detail the problem that occurred, of course the person at fault is the one who cheated so that any punishment will still be received by the person who cheated, not the victim who was affected by the fraud. So it is clear that if the punishment is defined, only one party can reasonably be blamed, namely a fraudster who has caused other people to suffer losses. Even though he was just taking advantage of the opportunity to vent his own intentions. |
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My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
this has been answered so many times before and you can just dig this forum about the answers from those years, why need erasing when they can work together? let bitcoin be just an Eye opener to the banking owners and to the world that they cannot abuse their position in giving service to the people. I also think that why should it be removed if it can work together, but on the other hand it also raises the question of whether commercial banks can really work together with Bitcoin. Because considering that banks always rely more on fiat than Bitcoin, this will probably give everyone a broader understanding that Bitcoin can be the best option for everyone who usually likes to save fiat, they can immediately choose Bitcoin as their best long-term savings. And this will certainly affect the bank because everyone no longer keeps money in the bank for long periods. |
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The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run. |
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It wouldn't be appropriate to consider the historic data because even I used to do that till recently and if we go by that the new ATH shouldn't have been achieved anytime sooner than a year after halving but we have seen new dynamics this year and achieved ATH hence I stopped referring to the past and historic events. I know it would be little difficult to have a say this time since the market has lot of new things for us.
Because now there is a new history as a comparison with the old history which is generally very different, of course it is a little difficult to make market and price predictions for Bitcoin because what Bitcoin has achieved in the first quarter of this year is really very different from before, making more people are thinking differently about conditions that will occur in the future. However, even though now it seems that it is no longer appropriate to refer to previous history, basically it is also necessary for many people to know as more real data on Bitcoin. Because different and surprising things can still happen again this year in Bitcoin, whether in trading volume or demand volume in the market. |
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You know being a newbie in a trading platform is not advisable to immediately enter the actual exchange to perform trading activity immediately even if we say that we have some cryptos
to buy that we want to trade.
It's really better to learn it first, don't rush yourself into something that isn't really necessary, it doesn't matter if you learn slowly as long as the important thing is that we digest what
we learn in trading, that's all.
What you say is not wrong, because beginners in any case really need to learn slowly in order to be able to trade more definitely after knowing more about trading and also about the exchange on which they trade. Because every thing that starts hastily will definitely end in error and nothing good can even be expected from it. So it is highly recommended that every beginner must learn before actually trading like people who already have knowledge and experience in trading. |
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Bitcoin is naturally designed the way it is, there is no strict restrictions against any individual for investing in Bitcoin. Bitcoin doesn't question investors age, status, location or even the amount being invested. This technology is free and fair to everyone, there's no bound to any kind of person that can invest into Bitcoin and that's the reason why I love the technology. In my country, children can have a bank account but the account will be created and operated by the parents of that kind until the child is above 18 years old.
This means that the bank in your country also does not set an age limit for children who want to become their own customers when it comes to opening an account book. Even though a child's parents do not give him the freedom to use the account book before he turns 18, this is also quite possible considering that the child must grow into a more mature way of thinking. But regarding Bitcoin, I think for parents who want to convey Bitcoin knowledge to their children, it can also be started before their child turns 18, even if only with a gradual explanation that can ultimately be applied by their own child when they are truly ready. |
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Currently, there are many necessities of life that are very expensive, even buying basic basic necessities is already expensive. In the past it was still cheap because not too many people were chasing wealth, but now there is a lot of paper money inflation that is happening and is also chasing wealth so that everyone needs very large amounts of money.
In the past, many people also pursued wealth for themselves, but economic conditions in the past were not so difficult, so we can still find many basic necessities at cheap prices. But now, everything has changed when the value of fiat currency has started to fall due to inflation, which is what causes most people to have difficulty meeting their basic needs every month. So I think this has nothing to do with the increasing number of people pursuing wealth, because that also happened in the past to everyone. |
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If what you’re saying is that he should use a fraction of what the company has, then that makes sense. But if you’re just advising him to invest everything then I don’t think it’s a good idea because the company should have its own funds and not use all of it on investments. Also, just leave him with the advice. If his thoughts keep telling him not to invest it, then don’t talk about it anymore. This is just in case it happens that there’s a price dump tomorrow, you don’t have to be blamed.
Suggesting good things is not wrong for anyone, but when it comes to giving advice, there is no need for pressure that is so excessive that it can disturb someone's thoughts. Because everyone still needs to think after receiving advice from others in order to make a little evaluation with the funds they have, because it is true as you said that we don't need to tell them to invest everything in anything. If those who receive advice still have to take care of the funds they currently have because the funds from the company must be clear and well maintained so as not to make the company go bankrupt when bad things happen. |
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You can hold bitcoin for future but one thing to remember is that you can never deal with emergency with bitcoin. Bitcoin long term investment gives good profit to wait for it. Invest according to your financial capacity Don't rely entirely on investments have other sources of income to meet emergencies. It will be easier to protect the funds if you have to invest a fair amount of your income source.
If the emergency situation can still be met with other income or by increasing the amount of income through other work, I don't think this will be difficult enough for those who like to save Bitcoin in the long term by considering it as an investment for the future. The opinion you put forward is also quite reasonable because the goal is to be able to earn other income in order to maintain our own investment in the long term. But emergency situations can always be handled well if someone still has a source of income every month, because we don't have to use all the money we get to buy Bitcoin, although that's not wrong for everyone to do. |
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If you are new to trading then you must acquire enough knowledge about trading. If you have enough knowledge about trading then you will get good success in trading. Many times it is seen that many newbies lose patience, so I must say for the newbies, if you can trade with patience, many times many newbies lose patience, if you don't lose patience, you will surely get success through trading. In the case of trade, you must have a long-term plan, it is seen that if you do it too hastily with a short-term plan, they will be damaged before the purpose of the trade is successful.
If I conclude from what you said, Newbies should first train their patience with something before jumping straight into trading. Because if they can only trade in a hurry and don't rely on the knowledge and patience that they have to have, of course it will be difficult for them to achieve success. And it will be more common for them to continue losing because they are impatient when they see the price drop in the cryptocurrency they are trading. So they should use their time to exercise patience while seeking knowledge about trading before entering the market to trade. |
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I don’t understand what you mean by sound money. I think you can just say that the US dollar is tracked by the US government and leaves no privacy. But a currency like Bitcoin is decentralized as there’s no middle man and it supports privacy because all that matters to receive money are wallet addresses and not our government names which can be identified.
That is a very real difference between Bitcoin and any fiat currency so it is not surprising that the US dollar can be very easily tracked by the government itself. However, for Bitcoin, I don't think it is necessary to compare it with fiat currency because basically it is very different in several ways and one of them is as you said. Now there are more and more Bitcoin users due to the increasing trust of many people in Bitcoin's decentralization and not needing a third party when they want to carry out transactions. |
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This requires a mindset change. You talk about needing to sell your Bitcoin. You are still thinking of the mindset of a trader, or an investor. You should never sell Bitcoin. It is the only asset that doesn't devalue over time. It took me years to finally wake up to this truth.
Apart from taking years to realize this, it also takes quite a long time to collect it to become a lot (except for people who have a lot of capital). I also agree with your view that Bitcoin does not need to be sold, but if you talk about someone's mindset, it will actually be very different because everyone does not live life with the same conditions. So there is a time for someone to choose to sell Bitcoin, whether to take advantage because the price is already high or because there are other needs that he cannot avoid. |
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I just want to add something to what you said, and this is continuous learning. Don't be in a hurry to immediately enter a large amount in the trading exchange;
always start with a small capital amount.
And also remember that quick learning is not a guarantee to say that you will get a good profit in trading right away; that is not the right mindset; rather,
that is wrong thinking as a trader in the crypto space we live in.
Trying to trade with small capital to start with is a pretty wise choice because you don't have to start with a large amount of capital if a trader is just starting out. Apart from that, by experimenting with small capital and seeing how it can grow to become large, this can also be a reference for oneself in learning because when someone is able to manage small capital and become large. It gets easier when one starts putting larger capital into the market to use for trading, so what you say is very true for first trial options. |
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