After reading this thread, I realized that I had made a mistake and needed to look for more news so I wouldn't be left with up-to-date information. a few minutes ago I only found out that only Tesla implemented a system by buying a car with bitcoin but after reading this thread I just found out that a lot of sports and luxury cars can be bought with bitcoin. thanks to the op for opening my eyes as this is the latest knowledge i know. but even so I don't intend to exchange my assets just for a car  |
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because Btc can be said to be the core of the coins that are currently circulating and there are so many pairs of this btc so that when btc experiences an automatic decline, other coins that become partners begin to be carried away from the decline of btc.
then what about coins that are not tied to btc why go down? this is due to btc being the benchmark, because if we follow the mindset of investors and coin holders, whatever the coin, no matter how many coins they hold, they will still refer to bitcoin as the main benchmark. then automatically when bitcoin goes up the crypto market will automatically be good but on the contrary if bitcoin goes down the crypto market will also experience the impact and that has been proven.
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I don't really agree with saying that wealth is measured by the number of assets owned.
maybe I sound unrealistic because I say that because basically a lot of people are labeled as rich because it is calculated from the amount of their wealth, even Forbes magazine often writes about the 100 richest people in the world.
it's true if we talk in a more rational direction, people can be said to be rich because they have abundant assets but I don't really agree with this because for my measure, rich is freedom where we can freely do whatever and buy things we need freely even though For example, if we don't have too much money as long as we can buy goods or products that we like very freely and can still help others, it can be categorized as rich in my opinion.
At first I thought "being rich" meant that we had to have a lot of money in abundance but when I heard Misty Lynch, CFP Beck Bode say that being rich means having the ability to spend on things that reflect your personal values I started to realize and make my own definition of rich, which is that as long as I can buy the things I need, as long as I can help others without thinking about my finances and as long as I feel happy with the life I live, that includes being rich in my opinion.
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I personally don't really care about this person because with or without a statement from him I can still do my own research. but I still follow the progress of what he is doing because for me it will be very profitable regardless of the controversy he creates.
as for there are still people who believe it or not, it's back to their own rights because I'm sure even though many hate it, there will still be a lot of supporters, especially for beginners who want to be involved in crypto.
but for me if it benefits me then i will follow but if it can create high risk like the pump he has done before then i will leave because this is my asset and i will keep it as strong as possible
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Many of us don't take him serious but all I know is that each time he speaks crypto depending on whether the message was negative or positive, it usually moves the markets and that's what recently happened when he spoke of spacex holding some crypto ,and Tesla continuing with accepting bitcoin payments, markets should some bullishstrength.
He could actually be considered as a whale and how he uses his crypto does affect the whole ecosystem.
I prefer to call him an influencer who has a very large support base and it cannot be denied that Elon is one of the people whose words are followed by many others because this is very natural apart from being the CEO of a well-known company he is also one of the richest people so very naturally his words have a very significant influence among his supporters. It's been proven that some of his controversial tweets can make the market even harder to predict but for the pope I don't think he's fit to say that |
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your thinking is very good and i am quite impressed with the thread you submitted.
but when it says life without anyone is poor it will not happen.
there are several reasons why this will not happen, one of them is like there are no superiors and subordinates because if everyone becomes rich, surely no one will want to be someone else's subordinate because they already have wealth and this can be very dangerous because everyone will start to be lazy to work and do not want to be ordered by other people which in the end the existing facilities such as restaurants or fast food will definitely not exist because there are no workers who want to do their jobs.
that's just one example and of course there are many more examples that are not very concrete why everyone can't live if everyone gets rich
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I don't need to explain anything here because I feel it myself. and here I still remember typing I was confused about finding a job because it was difficult and I wanted to buy the things I needed at that time. but after getting to know crypto I feel like a new person and I can now meet my needs and buy the things I want and finance my life. I feel grateful for what I'm experiencing now
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It's only natural that traders who still lack experience seeing conditions like today feel panicked,
with potential coins I don't think we need to be afraid and panic,
the market is currently experiencing a major correction so it may take some time to bounce back
Herein lies the mistake of beginners. because when they panic they immediately sell all the assets they have causing huge losses and they will immediately complain about bad crypto and will regret it when the price starts to creep up again. and here the role of reading and increasing knowledge is needed at least even though we are still beginners we don't need to panic and start playing it safe especially when it comes to the money you have |
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basically as long as there are still many coins that support this coin, it will always be strong even though many of these bitcoins will still rise again and again.
but nothing is impossible here maybe for now it will never disappear at least until the next few years but I don't know what will happen after so long has passed because here nothing is impossible. and nothing can be strong forever
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many people have predicted and warned in this forum that fomo and pumps are dangerous and can be self-defeating. and this is one of the biggest pumps and fomo that almost all of his followers complain about the continuous decline.
they hoped there would be another pump going on. but it seems that now it will be very difficult to happen because considering the activists have never tweeted again and I think the fomo is getting weaker by the day here
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I don't think it's all like that we can just take a real example with eth which initially creates an unlimited token. but until now eth still give a very good contribution even more than expected. and no problem making long term investments here.
but back again to each individual to do that or not because here there is no coercion at all because indeed the risk also returns to each other.
and not all unlimited coins can be used as investments, but we have to look further and careful observations can't immediately be considered good or not for long-term investments
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actually something like this will definitely happen because apart from here we are free to do whatever we want here there is also no law that prohibits or requires something so it's only natural that those who have the power and have the money to do whatever they want, including FUD and manipulation like this. and of course the goal is very clear so that they can buy more.
although this is very troubling but like it or not we have to follow the game they made
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times like this are of course very important and crucial for both traders and holders, some are starting to get stressed because of the ongoing decline and some are still busy in adding assets and one of them includes me it would be better if eth went back down but right now pretty good because I'm one of the people who still like eth until now and I'm still very sure eth will continue to rise with the current trend which is starting to look good |
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indeed for now the trend is very good but if you look at the chart it looks like it is still sideway but in a slightly higher price.
it would be great to break through the $40k mark because that would be a boost. but I don't think it will happen soon considering that the fud is still ongoing. we just wait
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buy and leave for future guarantees.
it's that simple for bitcoin, and pause to glance at the current altcoin price.
Yes. Very simple and this is applicable for people like me who's just a holder and waiting for it to the right time of selling it. You'll see that there's so much FOMO that has happened when bitcoin had reached the ATH and people keep buying. And it should be this time that they do the same if ever they made a mistake on that particular ATH. But they seem to be disappointed. when this kind of situation has happened, we can only watch and watch as investors and institutions hunt for cheap prices from the sharp declines of the past few years. it is undeniable, in fact we admit that as small traders, we cannot act freely. we don't have enough capital. and does the institution take advantage of this opportunity? obviously they came and held it for collateral in the future. |
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On a side note, “Avatar” and “Metaverse” are both derived from this book. Today, the Metaverse has become the Internet’s new form which is the next stage after realizing virtual reality. It now appears to be able to combine blockchains and NFTs to become a formidable force. View the full article there is always an evolution from generation to generation that every internet growth has the same goal, which is to transcend boundaries where anyone, anywhere and anytime we don't need to travel and with the internet network we can say hello in the blink of an eye, transact easily so you only need to stare at the screen computers and smart phones. everything evolves and we are in a century where everything is normal and it doesn't matter where it comes from. |
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Every opportunity for us we see for bitcoin is always good.
As the number of people who don't want to spend their bitcoins are increasing and that's a fact. Despite the market is negative these days.
That won't stop us from holding because we're looking forward to the greater that it will surpass the last ATH just this year.
always note that the holder is well aware of the consequences. they prefer to buy when the current price is quite a big discount. this is indeed an opportunity for those who want to own large amounts of Bitcoin. at least the price will likely recover in the near future. |
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This is not the first time the price of Bitcoin has fallen, you shouldn't be discouraged. this is indeed the time and what you need to do today is that you have to be mature enough to respond to a major correction in the price of Bitcoin. there are still many behind you whose worries are crazier, but they keep fighting. So if they can, why can't we?
after the fall in the price of Bitcoin, it will definitely come back and wake up from its collapse.
this is not the end of bitcoin, as long as electricity and internet exist, then bitcoin will continue to live.
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