My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?
statistics in terms of what is this? as long as I know bitcoin I have never studied the statistics you mean my basis for investing in bitcoin is just reading up and down charts, when is the right time to buy and sell , and most importantly continue to dig up your crypto knowledge and updates. educational issues will not affect people who want to know what bitcoin is and how it works because people who enter the crypto world are only people who are ready to lose and are always committed to learning so there is hope that the person will become very good at trading |
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if asked how many crypto wallets i have, i have more than one crypto wallet but i have main wallet which i don't connect and use for anything be it airdrop or payments
The wallet is only specifically for storing my assets and I store seeds properly so that there are no mistakes leading to loss
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What's your concept of savings?
My saving concept is 2 First, I saved for a savings fund if I needed large amounts of money, even if it wasn't enough, we already had some. second: as savings to achieve goals/targets such as setting aside money for the new school year for children because my income is uneven and every month is the same so when I get money I set aside my money for education expenses and believe that saving will always provide good benefits in the future |
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Do you think this prediction would be correct or do you have any other country in your mind?
I think all countries have the right to adopt bitcoin, not only for ruling countries and poor countries but all countries on this earth. what is being considered is when the government of that country can accept btc for payment and whatever, that is the question i hope malta is the country that catches up with elsavador to adopt btc not china or USA |
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But the best way to "wash" tainted coins is mining in the end. They rent machines and mine. I think the undertaking as a whole thing (mining pool) would be illegal in this case.
In the real world you have to know your business partners. And I hope it is the same in the virtual world.
Or did not we care?
wait, I'm confused by the meaning of tainted coins and have to be washed with mined? how does this mean if you mean coins obtained from the proceeds of crime and in the form of btc are tainted (dirty) money then what about fiat money obtained from selling illegal drugs? basically the crypto market does not know what tainted money is because no one knows who we are transacting with because it is anonymous every trader let alone The market has buy-sell support so that no matter what people sell, there are always people who respond |
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actually altcoin is a bias of bitcoin, whatever happens to any altcoin like its price and fame is based on btc not altcoin which influences for bitcoin to be adopted by the community.
we can invest in anything, but our main choice is bitcoin because bitcoin is the main cryptocurrency coin
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to the best of my knowledge from what i've read bitcoin is an open source project, and it's hard to put a backdoor in place. and it cannot be changed and changes anything on the bitcoin blockchain even though it is the founder, because as we know bitcoin has a decentralized network
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Avoid ending up like a friend, who used all the money he has to invest in bitcoin and also took a loan, promising the lender that he will pay back when he gets paid in a month, after a month he never received the salary, I warned him doing this, because he has no doubt mixed investment with 'whatever it takes', is it safe to call this greed? I don't know.
a very big mistake for this if investing by making a loan. because as we know bitcoin is not an investment that can make you rich in 1 month if market conditions are not friendly, if people benefit from investing in bitcoin they have been hoarding it for a long time, right just made a purchase when bitcoin is in hype I can't stop thinking about your friend's behavior |
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I'm a person who doesn't really understand how to mine btc. From some of the explanations from friends, it's a little open that when mining was first introduced, it was very friendly, only using the CPU, you could mine btc,
but for now mining btc is just a dream
because it's already difficult if you only use the CPU and individuals
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Have any of you made such kind of trade which is a coincidence or through some insider information.
I once had the opportunity to buy cheap and get multiple profits, but that didn't make me rich when binance launched the Alice coin, , I don't believe I got multiple profits from Alice at that time because I was just trying to buy coins at that time. |
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what are your references so that people can trust your trading?
why i say that because there are too many scam nowadays
and i thought if the exchange has coins we want to sell why not go directly to the exchange from p2p like this
I applaud your efforts to collect coins from small owners
and I hope you give positive trust so that you continue to be trusted
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Now many people hopping that the rise of cryptocurrency market will continue. It means that now it is the best time to buy cryptocurrency for the best price still the price of cryptocurrency is no very high still now.
even with the best price but we have to examine in more detail because all possibilities can happen at this time, there are many factors that prevent the market from recovering quickly at this time, you could say that inflation has made crypto market movements weaken. because people try to survive with all the possibilities that exist at this time |
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there are many choices of coins that have opportunities in 2023, for ETH is the main portfolio for altcoins.
for the next altcoin I see SUI, avax, kava, DAI are also good
not for doge for me because doge is a meme coin that will go up if you experience fomo and even then if one of the famous people tweets it
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I am not talented in the world of blogs and YouTube, even trading in the stock market. I prefer to make my passive income by selling food that is loved by children.
the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
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Dude, I have experienced a period like you, but the investment was made after you got a job. not when you are still in college because your job is to go to school to get good grades so you can become the best graduate, so you can easily get a job
but unless you pay your own tuition and while working you need to think about the investment of your work.
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My financial manager is not very good so I personally prefer to be paid with a weekly system where it is easier for me to calculate expenses in one day. and I can pay bills faster and can still save every month. but everyone has their own opinion, that's why I prefer weekly over monthly
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I agree with your opinion and for me
bitcoin is the main option to invest my money. altcoins are an alternative and add value to my investment in order to get short-term profits even though you have to do research and be prepared to lose if there is fraud or something like that
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Did you know? The value of Bitcoin is based on user consensus, which is ultimately based on utility and trust. The uses of blockchain technology are almost limitless, so it is interesting to see the development of this technology.
Even if Bitcoin doesn't become the only world currency, it still survives. It's been Thirteen years since Bitcoin was created, and I don't think it's going away after all this time.
If the world is participating in the network, then I suppose it will become indirectly the reserve currency. The OP is right in saying that the state will likely never recognize it as a global currency. Who cares! The state may fall in the interim. By this stage, money network participation with the best consensus will rule...and I think Bitcoin will always hold the standard necessary to facilitate what the world will eventually need. how can you conclude that btc is a reserve currency while btc is not a currency. even though the economy is collapsing fiat will be the main thing and physical gold will accompany it I'm not anti btc but that's how the world really is btc is just a digital asset |
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Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Hold! we need to put basis on how people from the past regret because they spend thier precious coins, sometimes the value of the coin is not very big when it is still inour hands and years may pass and the time change together with the value of the coin and then we lose, remember the bitcoin value from year 2010 and compair it today you will see that people who sell that time loss a big profit and regret. Actually everyone's regret is natural / there is with them selling in the previous period, if you look at the current bitcoin value however as we know if we buy btc in 2010 and when btc reaches new ATH value they don't take profit that's the most regrettable thing. regret actually , doesn't exist in btc because when we enter we must be prepared to lose |
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