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181  Local / Other languages/locations / Re: Pakistan on: April 20, 2024, 08:28:28 PM

Walaikum salam brother, abi to Bitcoin k halving event ko complete hoi takreebun 18 hrs se zayadeh guzer chukay han, or price action ko dekh ker lugta ha price aista aista br reha ha or es waqt bi $65 k around trade ho rah ha jo k 1,15%  izafa ko reflect ker reha ha. Mujhy toh aisa hee ligta ha k aany waly dino mein Bitcoin ko apna $80K tak reach kerny ka journey jari rekhy ga, laikin ek bat yaad rekhna zaruri ha k koi Geopolitical negative development Bitcoin ko wapis $60K tak drop ker sakti ha jo k Bitcoin ki ek strong support sabit hoi ha. DYOR

G brother ma b yahe feel kar raha hoo.ma tho dar raha tha k btc 50k thak na aae es leye k es soorat ma dobara btc ka recover ma kaafi time lagta leken shukar ha k btc 60k k opar hee raha. ek small sa jatka dia tha neeche leken buying zone strong tha jis waja se opar hee raha aur jis tareeqe se btc recovery kar raha aur memes coins ma paisa aa raha ha tho lagta ha k fear aheata aheata khtam hone ja raha ha aur stable coin se paisa once again coins ma aa raha ha.

Btc mai gas fee ma bahut izafa huwa aur ma dekh raha tha k 800 + Gwei chal raha jis ma low fee 80$ the. ab 50$ ki transaction k leye 80$ kon pay kare magar log kar rahe Rune protocol ki NFTS ko lene k leye
182  Economy / Gambling discussion / Re: R7 Promotions IPL CONTEST2024 🏏 & DISCUSSION on: April 20, 2024, 10:30:16 AM
Sunrisers Hyderabad is looking very strong team as they have top quality batsmens which have potential to score higher than expectations. The ways Sunrises score against Kolkata Knight Rider was unbelievable. I think if they continue their performance in this way then winning the final us not a big deal for SRH but consistency is the Main thing ..

Match35 Sunrisers Hyderabad Vs Delhi Capitals

Toss Win: Delhi Capitals
Team win: Sunrisers Hyderabad
Best Batsmen : Travis Head
Best bowler: Pat Cummins
183  Local / Other languages/locations / Re: Pakistan on: April 20, 2024, 06:14:11 AM
السلام عليكم ورحمة الله وبركاته

Kia hal ha dosto. Umeed ha k sab kheriat se honge aur sab ne Eid acha guzara hoga. Aakhir kar wo btc halving aa gae jis ka sab ko intezar tha aur ye khush qismati ha k market ne bure tarah dump nahe kia es leye k bahut se log es news se buy ziada karte ha aur especially future wale jo market se ziada khabar dar nahe hothe tho wo long karte ha aur per nateejathan jab whale aur exchanges apna harba estemal karte ha tho whales ka paisa double ho jatha ha. Exchange ka paisa double ho jatha aur ham jaise log aise he reh jaathe ha.

Ache ache coins es waqt buying range ma available ha jin ma matic special ha k wo 1$ se neeche buying range ma ha. es k elawa Bybit ka token Mnt b acha jo k future ma 10$+ ja sakta ha. Ye exchange Binance se muqable ma ha. Es k elawa New coins ma Omni token 20$ ma mek jar tho ye b 60$ se opar easily ja sakta ha.
184  Other / Beginners & Help / Re: Fulfilling dreams with agriculture! on: April 17, 2024, 07:28:20 PM
Never invest everything you have in cryptocurrencies even if it's Bitcoin you are investing in because there is no certainty in this industry even though Bitcoin and many other cryptocurrencies have proven to be profitable in the long run.

If you manage to earn $200 a month by selling papayas, I would suggest you invest maybe 50% of it in Bitcoin each month and keep the remaining funds somewhere safe for future use, and when buying Bitcoin, make sure you check a little bit of its history and check news and trends and whether it is going up or down, it will give you a more clear idea about when you should make your investment each month. If you don't understand anything, just leave it and invest the amount each month and keep holding.
185  Other / Beginners & Help / Re: Buy Bitcoin and Sell Junkcoins on: April 17, 2024, 06:46:05 PM
Take advantage of the Bitcoin halving and make a small profit

No doubt, those who can should make sure they have bought enough Bitcoin so that they can get as much profit as possible once the second phase of the bull run starts in which we don't know how far the price of Bitcoin might go. Though the price of Bitcoin is quite low at the moment, it isn't the best price for buying but since we don't know whether the price will go any lower or not, investors need to start doing DCA from this point to make sure they don't miss this price point.

Since you didn't mention anything in the OP about it, I assume you mean altcoins by junk coins and even though you are right that one shouldn't hold a lot of altcoins, I don't agree that all altcoins are junk but a lot of them can be very profitable during the bull run alongside Bitcoin.
186  Other / Beginners & Help / Re: Can Bitcoin be a full time career for investors? on: April 17, 2024, 06:06:23 PM
As we all know there are many investors that doesn't work for anybody rather than relying on their businesses and investment as their full time career and as well as depend on the return on their investment for the sustainabilities. So i wish to ask if Bitcoin has the potential that investors can rely on as full time career considering the inevitable uncertainty that are involve in Bitcoin investment such as difficult in price prediction and the volatile nature of the system which may pose some kind of difficulty to have adequate
Knowledge and better understanding of the system.

As an investor? I don't think so. As a trader? It's possible.

An investor has to wait for a long time before they get their profit from an investment they have made in Bitcoin, it could take a complete cycle and each cycle consists of roughly 4 years and that is a long time. You can't invest, and then wait for 4 years to get some profit that you can use for sustainabilities. What would you do in the years when you are waiting for the market to go up so that you can get profitable?

However, if you are a trader, you can keep earning money throughout the time you are active in the market considering you are having more successful trades than failed ones which means your net outcome will be positive and you can live your live off of it if it's enough money.
187  Economy / Trading Discussion / Re: What people some people don't know about trading on: April 17, 2024, 04:09:21 PM
Those who earn massively in trading are the ones who are patient and can wait 1-2 years (or more) before selling. So you earn a lot when you do research, choose a coin, get into it with serious money, and then wait for years. That's how people earn a lot with trading, it's a quick process.
People who wish to earn quickly use leverage or futures trading, but those two are very risky even for experienced traders. In my opinion, both are like gambling, people can earn a lot pretty quickly but the risk is huge. So it's pretty simple, those who want to make a lot of money quickly are exposed to much greater risk than those who invest in projects that have a chance to grow and become more valuable over time.

Those who buy and hold cryptocurrencies for 1 or 2 years before they sell them are considered investors and not traders because a trader is supposed to buy something and sell it not very late after that. So if I'm buying Bitcoin, keeping it for 2 years or more, and then selling it when I see I'm getting enough profit from it, I'm an investor, but if I'm buying Bitcoin or other cryptocurrencies, waiting for a few hours, a day or two, or even a week, and then sell them back to get some profit, I'm a trader.

I also believe that a trader, if successful, earns more than an investor because even if an investor can earn a lot of money in the long run, a trader can earn double that amount if they stay active and keep trading because even if you earn 2% a day from day trading, you will earn 730% a year approximately since there can be ups and down.
188  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 17, 2024, 09:17:46 AM
Falling Bitcoin price is a golden opportunity for a Bitcoin holder. There are some investors who simply cannot accept the falling price of Bitcoin and are afraid of losing money. There are also investors who worry about a slight drop in the value of Bitcoin and sell Bitcoin despite losing. As a Bitcoin investor one must buy when the price drops. If you can buy at a lower price then you will make profit. Bitcoin has been on a downward trend from the all time high for the past few days, and if this period is used correctly for buying, then the investor can definitely make profit from Bitcoin. It is best not to sell bitcoins at any dips but to turn them into opportunities by buying those dips.

A person with knowledge about Bitcoin, its history, and the whole market, would know what they need to do and how they can utilize the dips or corrections in their favor by buying more as it dips and holding until it goes up, but it is inexperienced and less knowledgeable people who wouldn't know this and they are the ones who think they are losing money if they buy Bitcoin or any other asset and then its price drops because they can see their assets losing value.

Although it's not possible to have no such people in the market because there will always be some, such investors can only understand if someone who knows and understands everything sits with them and makes them understand everything with examples and historical charts, etc., then maybe they won't panic during such times.
189  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 17, 2024, 08:00:07 AM
However, I think people who are prepared for the risks of trading, and using money they are willing to lose, are probably people who can control their emotions more easily than people who are not prepared for that. Apart from that, the most important factor is not to overdo trading. Don't take too big a risk with the hope of big profits. However, prepare for all the bad things that could happen when trading, that way you might be able to control your emotions more easily.

That's right, especially the loss affordability part. A person who gets into a business where they have invested an amount that they can easily afford to lose would barely be emotionally unbalanced if they see their business isn't taking off, they would look for ways to improve it but while doing that, they will be mentally stable because they will know deep inside that even of the business doesn't work out, they don't have everything up at stake and they can do well even if it doesn't.

Similarly, if a trader only has risked an amount that they know they can afford to lose, their emotions will be under control in all sorts of market conditions and even if their portfolio loses more than 50% in value, they will still not panic and they can stay optimistic and hopeful for better times ahead.
190  Other / Beginners & Help / Re: Would You Recommend Investing Binance Pays 9.70% Interest on USDC on: April 17, 2024, 06:14:06 AM
If you ask about the safety of the platform, I have never heard any complaints about Binance and its staking programs, however, I'm not a very big fan of staking itself and I believe one should rather make investments or maybe start trading after learning the process because it provides better profits. Understandably, trading doesn't work the same way for everyone, but I believe if someone puts in enough effort, they can become a trader eventually.

Trading requires time though, if someone doesn't have enough time, they can go for investments but I wouldn't recommend staking because one thing is you can't believe any platform for such a long term, and second is that you might not be able to withdraw your funds when you need them.
191  Economy / Trading Discussion / Re: Stop paying money to learn trading when you can learn it yourself on: April 17, 2024, 04:21:50 AM
There is nothing wrong in paying premium to learn but the one who you are paying should be the question here.

AFAIK, everyone promotes them as a successful trader via social media is craps they don't really make money from trading but lying about it and asking people to $49 or $99 or whatever the amount they ask is their main source of income. I see that no successful traders will be interested in selling their secrets for a hundred dollars.

I agree with that, and the same thing is true for people who teach skills or ways to earn money online, I mean if they were able to use the same methods and techniques to earn so much money, they wouldn't be working so hard on creating courses, videos, lessons, and everything just to teach others how they can earn money only to get a few bucks out of them, they basically do it because they aren't successful in anything else and they want to earn some money by doing this.

It is just like watching a video about how one can earn millions of views in a month while the video teaching you that has a few hundred views itself, lol, this shows that people often teach what they aren't successful in themselves and I wonder how can such people make others gain success.
192  Economy / Marketplace / Re: Has your bank or credit card told you they will stop you buying crypto? on: April 16, 2024, 05:54:05 PM
According to my experience banks in EU usualy don't ban buying of crypto currencies including Bitcoin but most of them see such transactions as a potential risk and because of that you might not have a good credit score and bank could deny to you some of their services like loans or bigger limit on credit card.
I know that my banks tags crypto transactions as well those on gambling sites as a big risk and doesn't like such clients.

In my country, banks would even turn your account to dormant mode if they suspect any of the incoming or outgoing transactions to be connected to or related to cryptocurrencies, they would even confiscate your funds if there are any and ask you for proof for them to release the funds and open your account, and the proofs that you submit should also not indicate or show anything related to cryptocurrencies because if it does, they will be sure that they were right and you are involved and then your account won't be unblocked.

So if you have a bank account here and you don't want to face any problems, you should avoiding mentioning anything about cryptocurrencies in front of bank officials or anywhere in your mobile banking app, online banking, or when you are visiting a branch for any reason.
193  Other / Beginners & Help / Re: What is merit all about? on: April 16, 2024, 03:04:23 PM
Greeting everyone. I was newly introduced into the system by a friend who made me to have so much interest in the system with the zeal and the passion to learn and gain adequate experience on the system but one of the major problem I'm having now is that I'm not well clarify of what merit entails and as such I will be very grateful if any good minded person can kindly throw more light on that to enable me understand in details and also benefit from the system.

I don't understand why your friend didn't explain the basics to you after referring you to the forum if he wanted you to join the forum to learn about Bitcoin and other cryptocurrencies then he did the right thing by not mentioning about merits and making you chase them, but even then, he should have at least let you know how the forum works in the first place so that you don't need to come here and start asking questions about very basic things.

Anyway, below is the post where you can read all about merit, what it is, its purpose and importance, and every other detail that you need to know about it:

Merit & new rank requirements

Make sure you give it a read and comprehend what is written in that post to have a better understanding of the system.
194  Economy / Speculation / Re: Bitcoin way forward - Towards $100k or $50k on: April 16, 2024, 12:38:53 PM
I agree with you. The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

The correction is temporary and we all know it, there will be no fun in the market if there are no corrections or dips because these corrections and dips are the reason why the market is profitable, imagine if there was not much volatility in the market, trading and investments wouldn't be profitable and I'm pretty sure we would have less popularity for the industry compared to what it has today. So dips, corrections, and all these things are very much important to keep the market alive.

People who think that the market might dip to $50k might be right, we can't be sure about anything because the market is unpredictable, but one thing is for sure, whether it goes to $50k or not, it will still have the potential to go back to $100k during the bull run, and that is the most important thing.
195  Bitcoin / Bitcoin Discussion / Re: Isn't Altcoin a distraction to Bitcoin adoption? on: April 16, 2024, 11:31:55 AM
This begs the question, what if we had only Bitcoin? Wouldn't the level of adoption outgrow what it currently is at the moment?

Do you think that altcoin is a major distraction to bitcoins adoption?

No, I don't think so, I would rather say that altcoins have helped the adoption level of Bitcoin greatly because if there were no altcoins at all, it would take more time for Bitcoin to spread around and it is altcoins that make Bitcoin look better because people compare altcoins with each other and also with Bitcoin, and when they find out which one is the best, which is Bitcoin, of course, they become more interested in Bitcoin after that.

One more significant thing that altcoins have done is that their teams and creators promote their coins and tokens which in return makes people investing in their projects turn back to Bitcoin eventually because once they get in the industry, they start looking here and there and doing their research, and their final destination becomes Bitcoin. So altcoins indirectly have supported the adoption of Bitcoin.
196  Economy / Trading Discussion / Re: What people some people don't know about trading on: April 16, 2024, 04:35:08 AM
I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

People who think trading is a way to earn some quick money are the ones who will lose their money quickly because based on their mindset, they wouldn't spend much time learning the process and how things work so that they can get into trading with all the knowledge that is required. When you start doing something that you don't know anything about and you have money at stake, you will most likely lose your money since you won't be able to manage things in a good way.

So traders who get into the market without enough knowledge just thinking that they can earn some money quickly will waste their money. They are supposed to focus on gaining knowledge first before they start trading with their money unless they don't love their money and don't care about it.
197  Economy / Gambling discussion / Re: R7 Promotions IPL CONTEST2024 🏏 & DISCUSSION on: April 16, 2024, 03:22:29 AM
SPREADSHEET HAS BEEN UPDATED. YOU CAN CHECK YOUR TOTAL POINTS AO FAR. CHECK IT HERE IPL SPREADSHEET 2024

THANKS UNKNOWN OP FOR HELPING ME IN UPDATING POINTS.

Jasonjm ,Cheema02 are leading points collectors so far


Match#31 Kolkata Knight Riders vs Rajasthan Royals

Toss Win: Kolkata Knight Riders
Team Win: Rajasthan Royals
Best Batsman: Yashasvi Jaiswal
Best bowler: Mitchel Starc
198  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin will remain the greatest crypto currency in the world. on: April 16, 2024, 01:55:34 AM
I agree with everything you said other than the part where you said BTC is the most generally accepted form of exchange in the world which isn't entirely true. As a form of exchange, Bitcoin is not so widely accepted in the world right now because most countries have not yet shown the green flag to it and you can barely find people or places where Bitcoin is accepted apart from a few countries that are Bitcoin-friendly and allow this thing.

The scarcity of Bitcoin is the reason why it's so popular because the demand keeps increasing and since it has a limited supply, it's value goes up every time the demand increases and more people want to have a share of the existing supply of it. This is also why the halving event is considered so important because it reduces the increasing supply of Bitcoin which makes it have a more stagnant circulating supply while the demand keeps increasing.
199  Economy / Economics / Re: Prioritizing strong foundation over quick gains on: April 15, 2024, 02:35:57 PM
I know that it's not the right approach and one should try and make investments where they know they will get good returns while the risks aren't extremely high, but I wouldn't blame those who try to find quick ways of earning money because we live in an era where money is very much important for every person since you can't do anything, literally anything, if you don't have money, and this notion makes everyone eager to earn as much money as possible.

Some might be doing it for the luxuries of life, they might be doing okay but they want an upgrade in their lives so they keep looking for ways that can earn them a lot of money in a short span of time which can only happen if a person is either extremely lucky or extremely hard working.
200  Economy / Speculation / Re: Inflation and Bitcoin's Potential Impact on: April 15, 2024, 12:40:45 PM
Bitcoin's price tends to increase when there is an increment in the global inflation rate because people will start looking for alternative ways to store their money. After all, fiat currencies lose purchasing power when there is high inflation, and no one would want that to happen with their money, and those who know about Bitcoin will most probably choose it to keep their money where their money won't lose purchasing power and it might even grow in value over time if they stay patient.

Based on this scenario, the price of Bitcoin should increase during inflation unlike traditional currencies that tend to lose value in such economic situations. However, this isn't something guaranteed and it might not work this way but that is just my opinion about the topic.
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