Be aware and mindful.
You can only discipline yourself if you aren’t too in your head. Some people are way too entitled and confident and thus they think that they are the best and that they are already perfect but that is simply not true. An individual should always be constantly improving and development does not stop. So by being aware of what you should change or keep, you will have a clear focus and a great self-discipline
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OP I hope you take this as a genuine sign of concern. What could possibly have led you to think about this? Usually we would just hold and not do anything about timelock unless you intend to give it to your children or grandchildren. You could just accumulate bitcoin and still be able to take profit whenever as you please and then safely store or invest them again.
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I am an African, but I bet you if we begin to talk the African thing today there are a lot of things that are going to evolve which we might not be able to handle here. The African problem is actually more than the corrupt leaders that we are accusing. This set of politicians were not like this from the beginning, our forefathers we are upright and truthful and not very close to corruption but after the emergence of the westerners many things changed about our culture and believe. The corrupt leaders learnt the wrong way and they are unable to do without what they learn while the teachers have actually changed from the way of corruption. The African problem is more than Colonization, it is a long orchestrated conspiracy and it will not change any time soon. It is African that can save themselves and they can't do this when they are heavily dependent on their oppressors.
Is it also possible that this was the result of a constant increase of capitalism. Nowadays, people just put money over everything. It does not matter whether it is ethical or unethical, the important thing is to always gain money. Because money is king. Money gives you power and a place in the world. People used to have a spine and stand up for what is right but now the government is littered by people who are selfish
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Bitcoin is the most realistic and most likely to happen in 2025. I am betting that as this year ends, bitcoin would have already hit the $100k mark so $150k does not seem too far away anymore. Many people are saying ethereum is realistic but I think it will be a bit lower than that. It would be close like maybe $10k but I don’t think it would reach $12k as soon as 2025.
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NFTs, meme coins, smart contracts, altcoins, etc. are nothing but scams.
These are the buzzwords that scammers use to lure people in and trick them out of their money. Bitcoin is the only one that is not a scam. Many people enter the crypto market only to find this out the hard way after they lose their money.
If the government was doing their job ethereum and all the rest of the shitcoins would be shut down to prevent these scams from happening. Of course that is why bitcoin exists because governments are totally clueless, incompetent and corrupt.
Why do you think ethereum is a shitcoin? A lot of altcoins are useless and most of the time end up dying even if the projects are legit. there are still chances that altcoins are scams however not all of them are and ethereum is a very bad example of what you would call a scam. Bitcoin is superior to ethereum and all of altcoins but some of them aren’t scam and actually provide some really unique features that could be implemented in bitcoin in order to improve it more
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Because of the bull run prompted by the bitcoin halving event, it is expected that many would attempt to get richer by other means. I mean there are always a lot of dangers and threat when it comes to crypto but even more so when the market is generally looking up.
What the exchanges have to do now is to just strengthen their barriers. We have seen many centralized exchanges lose their clients’ money and we would not want to be at the other end of that. Therefore I think It is much safer to use a decentralized exchange rather than its counterpart
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The problem is that a lot of people have dreams but it’s usually just that. They plan and plan but they never make it happen for whatever reason. Personally, that is one of my biggest fears. I have such a huge vision of what I want for my life and to not see those plans come into fruition would be devastating. I wouldn’t know what else to do.
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Well of course you are accountable of your money because it’s yours hence why you can never blame anyone if you end up losing all your wealth.
If you want to be better and more responsible in holding your money then take a step back and write all your purchases from now on. Take a look at which you spend money on the most and see if you really need to be doing that.
Being financially secure would require lots of work and patience but it will pay off greatly.
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Let them think what they want to; if they think Bitcoin is a scam, it doesn't make any difference for Bitcoin. Bitcoin has already proven what's in it; those who want to call it a it a Bitcoin scam don't really know how a decentralised currency works. Bitcoin wasn't created to make us rich; it was a p2p decentralised cryptocurrency to make a solution for a borderless payment system without a third party. How would Bitcoin be scammed when it wasn't controlled by anyone? Due to a lack of proper knowledge, a few people think Bitcoin is a is a scam. We aren't concerned about it.
If Bitcoin were to be a scam how can it be so that Bitcoin has developed this much from 2009 till date. I think those who thinks Bitcoin is a scam has little or no idea about Bitcoin. If Bitcoin is a scam how was the scam meant to go? The adopters of Bitcoin is on the rise even countries like El Salvador are benefiting greatly from Bitcoin. Good point out mate! I think lots of people associate bitcoin to those projects who rugpull. I have heard lots of people fall victim to new projects and then they give their money they receive a few profit and then suddenly the developers will run. The thing about bitcoin is that even though technically the creator of it is nowhere to be found it is still functioning perfectly and exceptionally well may I add. The people who do not want to adapt bitcoin are just heavily misinformed. There is nothing much we can do about this but give them the proper knowledge. Maybe they think that bitcoin is too good to be true but that is why we should tell them that there are still risks so as to not paint the picture of a too good to be true kind of project because it is not
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I think he was just a really strong dude with great endurance. If he had true great powers, he would not have died. His death implies that he is human just like all of us. Still he was strong and truly amazing so he must be recognized. Maybe what he did were all entertaining but did he really do anything to be considered a hero?
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I actually think that it’s easier to make mistakes during a bull run. Not all coins who follow a surge will always and constantly be increasing in value. I agree that it should be a good time for taking profits and we should take advantage of it as much as possible. If we hesitate too much, we might miss the window of opportunity
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Hmm it would depend on how much you are going to travel and for how far. If it requires you to be in another city, I think it would be best if you just took personal vehicle but if it doesn’t then a few minutes on public transportation wouldn’t hurt you nor your wallet.
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and if the password were strong (truly random) then it can't be memorized over long term. they still have to write it down so that they won't forget it (after like in a year)
Actually everything has to be written down - seed words and password - even if it's something very simple. Lol. I know lots of people who say that they could remember their passwords or whatever it is without writing it down because it is so common and easy to remember but maybe that is the problem. It is so common that it could be literally anything so it’s not memorable.
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I wouldn’t consider it too safe to be honest. Especially if your phone isn’t as secure. Anyone can take your phone, open it and see your gallery. Anyone can also hack into our system and see the many transcripts or receipts saved as screenshots.
Tell your friend that it’s not about bad days but instead just a precaution if ever is something to happen. It’s okay to be on the safer side.
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-snip-
We never know the exact prediction for the ATH that can be reached before or after the halving, the current market scenario has the potential to see a rise higher to reach the actual ATH and we will not know when it will be realized, but I am sure we will soon see a price of $100k for ATH next. However, the current market scenario is not very suitable for short-term trading strategies because the movement patterns in 2021 can occur at any time, so consider all aspects of market movements before investing at prices above 60k unless you decide for long-term investments, if the next correction occurs it will last 50k before the bull market is ready to set its next record ATH. While some traders take advantage of short-term volatility to take profits, you say this is not the right time for short-term trading. Market patterns are difficult to predict, but some people who are truly capable of analyzing them manage to profit from price volatility. I agree that long term investment is better than trading, but not everyone agrees on this especially if they are a trader. So far I don't think $100k can be reached before the halving, unless there is a huge influx of funds flooding the market ahead of the halving. Such a scenario is starting to become hard to hope for, so now it may be time to focus on the long term in the hope that $100k can be touched a few months after the halving. The $100K price can be reached before the halving and what we are seeing now in the market is the last market correction before another pre-halving bull happens. The major concept of the correction is to strengthen the market but that doesn't mean the correction is not good for short-term trading/investment it only depends on the trader's/investor's capacity about the market. Aafter the approval of Bitcoin ETF, the price of Bitcoin has increased significantly and touched an all-time high. With just over a month to go before the Bitcoin halving, we have seen the highest Bitcoin price in the Bitcoin market. The market has now corrected from there after the price of Bitcoin hit its all-time high, bringing the price of Bitcoin to $64,000. You said bitcoin price correction doesn't mean it is good for short term trade or investment I think you are wrong. Normally we wait to invest when the market dips then we buy but now the market is correcting so now may be our time. I also think this correction is not good for traders and short-term investors because bitcoin dropped suddenly, and I bet no one can react in time when bitcoin drops. Don't forget that bitcoin is unpredictable and also since we cannot predict when bitcoin will rise and when bitcoin will correct, holding for the long term is always the best strategy. When bitcoin rose to $73k, everyone expected it to continue at $75k or higher, but it eventually corrected. How many traders predicted this and opened a short position? I dare to confidently tell you that no one dares to do that. I actually took out my coins before the correction. The key here is that when you have made profits and it has reached the price you wanted it to reach just take it out and even though there were a couple thousands that I missed, I was glad I did not get stuck when it corrected as that would have been worse. Battling with FOMO is definitely not for the weak.
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It is truly concerning in this time and age the amount of money hacked. These hackers are becoming better and better as their technology progresses.
This is a great opportunity for other people to create technology that could advance us into the future and into the safe space of crypto. Metamask snaps have been in talks since the start of the year but how is this project a guaranteed good execution of such feature?
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Life is valuable and thus should be regarded as such however sometimes there are people that would suffer more alive than dead. There are people who are already bedridden and can not do much with their life anymore. Additionally, their family members also suffer. I know that maybe their family members do not complain, they also suffer greatly from taking care of the sick one. So to me, even if it’s a little painful they should do it if they really think it’s the right choice for them.
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Is it legit?
I have heard of multiple cases where people get viruses into their phones or whatnot through telegram. Somehow, it’s always telegram that seems to be the problem. I always see it being the main cause of most hacks from people I have heard stories about. It’s better to be safe than sorry
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We should never let FUD affect our decisions. A lot of people have experienced FUD and ended up selling their coins. Just imagine what those people feel right now.
Regret and shame would be the primary emotions. But even if you are someone who have lost due to impulsive decisions, you should always look ahead and check how you can get back on your feet
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new projects sometimes too comes with a high hype and this are the features to look out for in other to be careful.
Exactly. Which what fools a lot of people. I have nothing against trying out new projects especially if you know you could take advantage of the very short and quick period where you can get some profits out. Some people see hype and take it as a long-term opportunity but no it’s not. We are yet to see a new project reach success as great as bitcoin.
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