anyone who plans to enter trading must have assessed themselves first before stepping in. But somehow, this has been not quite followed but the skip into actual trading. It is literally a mess for them and can't expect that they will be able to survive but expecting their losses.
We should also have to know that even we have enough money to start trading doesn't mean that it all be okay, it should be accompanied by knowledge and skill which is somewhat been missing for most traders. Well, learning something from our mistakes will serve as guidance for a better future.
That is because they fear missing out. FOMO is a real thing and people get in as soon as possible because they want to make profit from crypto and they see others do it so they assume they can do it as well. They do not realize that most of those people have been here and learned how to trade and got lucky sometimes as well, like trading during bull market or even investing beforehand means you could make a killing in the market and make a huge profit, as much as 10x in span of half a year, but that is not something veteran traders do constantly, that is something we just do sometimes and not at all times. Newbies do not realize this and they jump in right away thinking they could get rich. Unfortunately there will be a lot of people who will get out just because they fear the market. That is something that would be impossible to stop and the market will always have that type of people. We need to educate people a lot more on the drops and how they are normal part of the market, however it will never be enough and there will be a lot of them, we may drop the amount maybe but not make it zero. All those people who think they could get rich overnight are the people who run away, so we could find them in anywhere, if we could convince them not everyone makes profit back to back constantly and 10x their profit in half a year every year then we could maybe convince them not to sell as well. Entering the market is a dangerous thing, if you get in and hope for a profit constantly then you will be scared as soon as the prices drop as well. |
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What I can advice you now and for other long time desirable traders is keep and brace yourselves before we will be heading towards another waves of pumps. This time will be more exciting as price struggles to recover, and projections is really going to catch $50k back.
Definitely, if nothing's going to hinder the recent market developments I think we will be moving upwards with an unexpected price much higher than previous ATH.
I believed that we are going to catch up with that $50k again. Right now we already have a good recovery period, we are heading to another price resistance of $45k, and I think that is good enough for the market and traders. Because it's a good indication, we just started this month and it seems we are in the green candle already. So $50k is there again for us to take, and if we have another good news, then FOMO, this price is attainable again this month. I do agree that we will reach to 50k+ once again, I am not sure if we can sustain it, because we may fall again when the price goes over 50k, but I know that there is a good chance we can reach to that level. What we need to do is not to focus on going over 50k because that is something we can do, maybe now or maybe a week from now or a month from now but it will surely happen, we know that it will happen. The problem is not reaching 50k but it is sustaining above it. In order to sustain above that price we need to not let any whales impact our trading and we should not be getting scared because of some news, and certainly do not care if China says something bad again, which they will try to do whenever price goes up. During 2021 early bull run they tried as well but we didn't care, we should be like that, just keep the hopes up and price will be up. |
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China is a big influenced country and it keeps manipulating the market in the previous years. But i think this time, the market is not affected that much as it is before. There might be minor dumps but we have seen that the market is starting to recover again. So maybe in the later part, China will not affect the market anymore. And as the adoption of bitcoin continues, there will more bigger countries who will start to backed up bitcoin and support it all the way. Whatever China plans in the market for their own advantage, it will never be as relevant as it was.
Because, people already realized that they are just making FUD and that is it, they are not actually doing something that would impact us, maybe impact Chinese people but not us because we just do not care about what they are doing anymore, they do not have any financial power to hurt us anymore since they keep banning it. It means that we are in a situation where China "talks" about crypto as if it was a bad thing but if we let them do something, they couldn't because they do not have the power for it since they do not own it since it is banned. They basically took themselves out of the calculation and which is why people do not care about them as much as we used to. |
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It is a mere name.
It isn't mere name, actually. It's strategic naming. Come to think of it, there's always something in names. Again, don't see their action as a sabotage. The guys picked up the "eNaira" tag before the FGN. If the government wants it that badly, it should rightly compensate the guys to drop it. I do believe that it is just a name. They could just change it to D-Naira as in digital instead of E and they would be fine. Is that taken as well? Do it I from the Internet-Naira, and there are other chances as well if you are creative enough, these were the ones that I found as alternative and I just thought about it for like 1 minute and came up with these, think of how much you can come up with if you are doing it as a job. All in all they should not be doing it if there is any problems or companies that they would have a problem with. I am not saying that names are unimportant, of course they are important because of branding reasons but e-naira is not the only branding that they could find, they could definitely find something that would be proper for them as well. At the end of the day I would assume that they could do something that would be profitable and good in marketing and also wouldn't be owned by some other company all at the same time. |
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🤑 THE BIGGEST WIN 🤑 It is a great pleasure to see when our users don't scare to make such impressive bets. More Profit with Boosted Odds every day: https://betfury.tv/3mdpeLD Dude wagered on a 1.22 odd game. I mean sure it is a big "win" if you look at the amount, but dude wagered 101k to get there, he didn't really make that much of a return for a gambling game. If he lost this, he would have needed at least 4 more games like this to win in order to recoup it, so it is not really a profitable bet when the outcome is just a little return when the loss could be losing it all. Kudos to them for being brave, but the "biggest win!" is actually someone betting a lot for a small and likely to be won game. Ajax scoring in the first half could have happened or not, that is a risk you take, but it was such an obvious thing for every football watcher that, nobody is shocked about it. |
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I love the clear and the faucet but for bet, for me its not good
if i bet in freebit i only on 25%
i bet in betfair and i win 85%
but ,keep going, actually its the more trustly in the net
It is a mutual betting thing, which means that we as the gamblers decide on the betting amount. It could be looking horrible for the winning team, but look at the underdogs and you will see that it is even better there. So, let's assume in a regular sportsbook the odds are 1.70 to 4.90, right? That is just example for any game, and then you come here and see that it is 1.25, but the other side is 12.00, that is the thing you win here. It could be anything as well, you could even see reverse, a team that is favored here, and a team that is underdogs, and underdogs could get 10+ bitcoin invested by a single person and skew them as favorites here. It is all depending on who plays on what and that is the important part. personally believe that at times this place is a lot better than any other sportsbook just because of this freedom to decide, but you gotta pick your games. |
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I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I absolutely agree with you. I also consider Bitcoin to have become an integral part of our modern economy, so I am sure that it can't disappear or depreciate. Many people are aware of Blockchain technologies. They invest in crypto market and also use it for business. I believe that people will use Blockchain technologies more in the future as they are more convenient and trustfull than traditional finance system. Obviously it can't disappear but it could totally depreciate if we are not careful. Many things in life that seemed like integral part of our lives became obsolete in the past, technology of today that looks awesome may look like it is a funny thing in 20-30-50 years. Remember how 128 mb ram was a HUGE deal, hell 16 mb ram was a huge deal, nowadays we have 8 gb ram and we do not like it, 32 gb ram is what we really want. So all in all I wouldn't really be shocked if bitcoin looks like an amazing thing now, but can't be as funny as 16 mb ram in 50 years. So, this is why we need to make it keep improving otherwise it will look like an old tech and the value will keep dropping while some other better thing comes out and takes its place. |
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Anyone who wants to connect to the bank becomes its co-owner.
This is not sounding more appropriate in general or at least for me. Because we are just participating in bitcoin ecosystem and it got nothing to do becoming one of the owner of system but we are just owning some equivalent units based on the amount of our investments. Moreover in my opinion none could own the bitcoin ecosystem neither fully nor partially. You can always get your asset back at any time by returning its guarantees (smart contract tokens) to the bank.
I think you're not considering the volatile nature of bitcoin markets because we are not guaranteed getting our investments intact but it may be higher or lower based on market fluctuations and it is more likely how usual stock market is working hence this is not new due to bitcoins. |
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claiming Bitcoin will be worth 6 Million USD in 2061, but most transaction won't happen on BTC network but on multisignature and other network tokens.
Andresen claims that only whales, big holders, exchanges and banks will hold this tokens, and in year 2100 network will shutdown after closing down bridges for this tokens and fees becoming unsustainable.
I never cared about anyone saying anything regarding bitcoin before. That is the beauty of bitcoin, anyone can say anything they want and it will not have any impact in the future of it. You could try to drop the price or increase the price by saying stuff, I mean Biden could come up and say "bitcoin is a great product and I own some" and price would be 50k+ in a single minute, be 70k+ in a day. However he could also say something bad and drop the price as well. None of this is a long term deal, it will not be good or bad forever just because someone said something. Fiat is not like that, politicians keep ruining fiat all over the world constantly. This is decentralization, stop caring what someone says, we will always be fine in the long run. |
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There's nothing wrong with Uniswap. It's working just as intended. The real problem is Ethereum with its limited transaction capacity. It's normal to see gas fees soar all the way to the moon when people are heavily using the ETH blockchain. Only Uniswap developers will be able to "fix" the situation by adopting an off-chain scaling solution or simply wait until ETH becomes a full-fledged PoS cryptocurrency (ETH 2.0). Besides, there are other alternatives on the market each with their own advantages/disadvantages. People can decide which platform to use from the other based on their daily needs. I don't see Uniswap disappearing anytime soon, since it's still the leading decentralized exchange in the smart contracts universe. No other AMM can outmatch Uniswap in terms of security/reliability and liquidity/trading volume. Gas fees won't be high forever, as the network will scale with subsequent upgrades. If you're patient, you'll be able to enjoy low fees and fast speeds on Uniswap just like in the early days. Just my thoughts  Unfortunately that ETH gas fee will not be solved for a long time, it is just not something we could get rid of easily. Thankfully 2.0 is coming but it is not a 100% guarantee that it will solve all the problems neither. If the interest keeps getting higher and higher every day, then the gas fee can't just stay low, it will always go up, even if you manage to make it like solana or something and have huge capacity, in the end we will see more transactions which will make even that type of higher capacity not being enough. So long story short, ETH is always destined for being clogged in the long run, even if we end up finding short term solution, it will always come back to this. |
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While Binance Smart Chain (BSC) is facing congestion issues. Polygon re-emerged with low transaction fees and fast transaction processing speed. This caused the two networks to clash. Both Binance Smart Chain and Polygon have significant advantages over Ethereum in terms of price and speed. While Binance Smart Chain is focused on creating its own thriving and diverse ecosystem, Polygon presents itself as an exit valve for Ethereum itself.
While there are some that could be considered better in blockchain technology level, the fact that there are higher ones with lower blockchain is the proof that people do not care only about the blockchain use of it, but they also care about the adoption and the general use as well. For example, I always say that bitcoins blockchain is one of the worst ones we have, there is really nothing that you can do on it and it is a slow congested boring blockchain, we have blockchains much much better than that, but we are still seeing bitcoin at the top rank, why? Because it is the most used and most traded one, which shows that people do not care about blockchain alone. This doesn't mean that people do not care about blockchain at all, of course the better the blockchain of a coin is, the better chances it has to be great in the rankings as well, it just doesn't mean automatically better that is all. |
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Now that seems weird. For I know freebitco.in has never put on advertisements on their website and neither have I seen one ever.
That's not actually true. In early years of Freebitco.in they used to have banners from Google Adsense, but later Google closed their Adsense account and since then Freebitco.in is commercial-free. Even further than that as far as I remember. They first had google adsense, around the time freebitco.in started there were a lot of faucets going around, they made their money from the ads and they gave a bit of it back from faucets and it was the perfect idea of getting free adsense income, you would get 100 bucks adsense income and pay 50 bucks of it back in faucet form and you would keep the 50 bucks back. Freebitcoin wasn't like that exactly, they had the gambling part as far back as I can remember but this was the situation in other faucets. When adsense closed it for faucets, they went with ad networks, and they got offers, like an auction, whoever pays the most would get the ad on freebitcoin, and they got a lot of money for that time being as well, now looks small but it was a great deal for them at the time. After that they removed it, but there were another small time period between the adsense closing and freebitcoin removing ads, and that period was ad networks. |
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I have not entered the platform for a long time, but sometimes it is normal for that to happen on the sites, they may have to activate another type of marketing, not everything can be through social networks, there are newer ways they use to promote , as for example as they do in NFT games that their greatest strength is in the live presentations on Twitch.
With several influencers they can promote the site, obviously here in the forum there is a lot of reach, but if there are problems in some things they should solve them because here reputation is everything.
I understand that there could be a different method of marketing time to time, and yes I have seen plenty of people play axie infinity on twitch for example so I do agree with you there. However, bitcointalk is an important place for every casino in crypto world. You could be a new project that doesn't care about bitcointalk and grow big, I have managed to take a brand new project that nobody knows from development to 3+ million dollars levels all from telegram and twitter without ever using bitcointalk, so I know that most business' do not require bitcointalk advertisement. However at the end of the day not casinos are not like that. At certain point we became the gamblers and people check here for seeing what is written about a casino as well so this place is a very important place for casinos. If you do not care about here, you will get left behind for sure. |
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Consider the following scenario: there are 350 million monthly active Twitter users, and they can all send BTC to one another.
I still feel pretty overwhelmed by this news despite having had a whole day to absorb it.
The legacy-system-free monetary exchange now allows millions upon millions of people to do business.
it is really good thing to see that twitter.com had decided to choose Bitcoin over any other payment method for their tipping system. I believe that with this being implemented on their platform a lot of people who don’t make use of Bitcoin will now start to consider the use of it, because it will now become very popular on that platform. And influencers who don’t make use of Bitcoin we now also consider it since they know that that will be a method for them to be receiving whatever their followers will be giving to them for the contents they create on that platform. This is a really big progress that we are about to make, Jack has been a really big Supporter of Bitcoin and has been open about it for long. |
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Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?
Anyone who thinks that this is not the bear market and there will be a "true" bear market that would be a lot worse, they are kidding themselves. This is the market and this is a big bear market, we do not have any type of situation that we should be scared about. We should not be expecting anything worse, just focus on the upcoming bull market because 40k+ is where we are standing and there needs to be something unexpected in order to see the price change at all, it should not be going anything under 40k if we do not have any problems. So, right now we are already 40k+ and we should be focusing on 50k+ instead, it will definitely happen and we just need time for it, even 100k will happen as long as we can wait long enough. |
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When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?
Someone already dropped a good advice which helps: the number one thing you should avoid is paying for any sort of group that is promising you strategies which you are never sure is going to work or not. It would be best for you that you start reading books on trading that' can enhance your skills. Most of those groups are going to promise you steady profit, but at the end when you have given them your money, you realize that the strategies they're selling to you is worth nothing at all. That’s why it is best that you learn trading yourself and develop your skills so that you can do everything by yourself. And lastly it is important that you start with small capital. |
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I do have every right to question other people's optimism so that they be able to provide reasons why Bitcoin market value must reach $100k before end of this year. And if you are part of those people in question, please provide your reason why must Bitcoin price reach $100k before end of this year. You can't just say anything can happen in crypto currency because something must happen before price will go up or down.
I cannot say if it will be 100k by the end of this year, but I am a bitcoin maximalist so I could say that I am expecting bitcoin to be constantly higher and higher in course of long periods. So, if I had to assume why it could be 100k by the end of the year, I would say that it is definitely looking bullish when it is lower. Surely it will not be that much of an easy situation, surely it will take a bit of time but at the end of the day it could happen because we already saw 64k so it could still happen. I do not guarantee anything, I am just making an assumption, so I could be wrong, I am just saying if bitcoin will ever reach 100k that would be mainly because of what we have as less sellers and more buyers situation. |
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It is hoped that this will encourage people to participate in the Romanian government's vaccination program.
As literacy rate got nothing do with willingness to go forward for covid vaccination, government are coming up with such idea to make people covid vaccinated. Even in my country, social activity groups have announced assured gifts for getting vaccinated. But, lottery with prize money in millions for covid vaccination must be something more interesting to watch. Can it attract the other countries to follow what USA and Romania did? Is that be a good way to attract attention from people to have vaccination because that teach them to use lottery to make money which we know that lottery is part of gambling.
Most governments are operating casino or at least lotteries for revenue generations hence it is being a gambling or not is complete out of contest. This way, lottery gambling is helping government to fight against covid through vaccination hence we should welcome when more countries will be copying this idea. |
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There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
When the market drops like that all of a sudden, I don’t rush to sell my coins and I also don’t rush to buy just like some people would do. It’s best to just calm down and wait to see where the market will be heading to next. Sometimes I might decide to wait for the whole day, and when I check back later I will notice that the market is up again. There are also times that I would check and I would notice that the market has even gone down the more, those times that it has gone down the more are the right time when you can start talking about whether you should buy and store more assets or not. But in a situation where you are rushing to do everything, you might end up making the wrong choices that will affect you even the more. |
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How can you blame the people, that's how the world works and that's how the owners of the world wants to make the world go round. The one with those will be able to influence the world big time.
I can blame people very very easily because we have the power to change that a lot. There are many people who keep saying that they will tax the rich a lot, and I mean by a whole lot margin and use that money to help the poor people, and we would have a much fair world where the resources are enough for everyone. However, people keep on voting for people who will end up helping the wealthy and hurt the poor and for some reason they are convinced that it is a good thing. I personally believe that it is totally a bad thing to end up voting for those people who believe it will trinkle down to poor people because for the past 50 years it hasn't been trinkling down at all, poor people are getting even more poor these days. This is why I believe that people are the ones who are responsible here, we are all equally responsible for this bad world we are living in right now. |
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