Profit taking is the simple reason and other reasons also perhaps but mostly selling an asset speculatively is main motivation to cycle through selling an asset now and buying it later. The more people need to hold the BTC because its useful and widely distributed in its use the less we are bound by market and more by usage.
Price recovering only a small bit as we rise enough to meet the 2 day average at 22.4k
There's always a target price and we do know that not all traders or investors would really be planning or tending to hold for long term on which means that there are ones who would really be deciding on when they would really be taking up profits on a certain price or level which means if ever the price do tend to go up then there's always that selling point which means those resistances above. Price cant really just shoot up on what those newbies do really mind or thinking off with. Dumping and Pumping, these things are always the most common scenario that someone could face on.This is why its better that you should really get used to it. |
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A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. Your friend's wallet wasn't hacked, they gave up access to a 2nd party by linking their wallet or giving out their private keys. A hack would be a breach or a compromise on the system, this is a silly mistake. This is the reason why I caution that newbies should not invest until they have gotten enough fundamental information about the assets and how to secure themselves, without this, they would get quickly lose their funds. Your friend has failed to secure his account and so he easily give the third party an access of his account due to his greed and love of money. That's the possible result when one does something without making a thorough research first. Not only apply to crypto but definitely in all aspects of our life. If we can't be responsible securing our own account, then we can't expect to succeed from our investment and grow our bitcoin potfolio. This is where we do really have those words in mind that lessoned learned but it would be a costly one if you do make out such mistakes.This is really that very common scenario or outcomes into those people who are really that greedy and careless at the same time.You cant really just think off about the risks and danger just because you are already that minding on how to make money or making profits and this is where most people do fall and commit out mistake. Hacking and frauds and everything that it is in correlation is really that very common into this market. |
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I have a lot of financial regrets and just like yours, most of it are investment opportunities that I saw before and was doubting if I should buy or not. In the end, I didn't because if I did, I may have just been living in luxury today.
We don't really have to go that far in picking one of the biggest financial regrets in our life. BITCOIN! A very long follower and yet I was always late when I try to buy. It's not really like a regret but more of getting the courage. I should've taken a loan from the bank and bought it with Bitcoin while its price is at 3 digits. But because there's so much FUD that circling around, I was afraid to take the leap.
You are not alone in your bitcoin regrets. A lot of us have missed the opportunity of buying it while it was still very cheap. We could have been millionaires today. But lets not dwell on it anymore as it won't be helpful for us to grow in the future. Like OP, don't be bothered anymore on what you have not bought in the past. Learn and invest in bitcoin, Im sure this will lead you to a lot of bigger opportunities once you succeeded from it. Lots had missed out that train and there are even early adopters who had just sold out their coins on a cheap price which they didnt really anticipate nor expect that this would really become that huge. Ending up for them to have those nightmares and thinking that if they havent just sold those coins and hold for long time then they might already have been changed up their lives. This is why it is really that hard to forget on things that we do have missed, somehow its not really that something late because we could still make things possible but its not really that something simple. |
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I just saw it yesterday Roobet is holding another art contest, if you look at it it should be a great opportunity for participants to get prizes because there are prizes for each category, unfortunately I'm not talented at drawing let alone painting, but maybe I'd be happy to see the work of all the participants
I also noticed it yesterday only as there was above discussion about it earlier also but it came to my notice yesterday only and this time it's theme is Snoop Dog which is amazing as their partnership with him is really going to boost the Roobet fanbase.So let's see what we come with this time in our creative art pieces.. Whether on a holiday season or this current "partnership" thing then they do tend to make out some art contest and they've been that consistent on launching up one and in regarding about events or something like this which Roobet is known for.About their art contest then as usual their rewards are really that generous and this is why lots of talented artist would really be loving to participate or dive in with this event. Of course for the sake of marketing then i do agree on some people's words about that its good on being that aggressive. |
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I was thinking of these everytime and I never found any answer to it yet.
I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.
There might be some signal group offering a services like this but of course profit is still not guaranteed and you have to pay for some fees just to get on that group. Trading is not easy, there’s a lot of analysis that you should make before you actually make profit, some are just skipping this part while the others are really working hard to understand trading. I believe you can be more successful once you understand the whole concept of trading. This is why im not really that interested if ever there are someone who do make out some recommendation about subscribing about vip groups and providing signals which it isnt really just that worth or simply just a waste of money.It is really that much better if you do trade on your own and with your own ways.No matter what method you would be using as long you do find yourself that effective or really be able to sustain and this is why you should really be staying on where you do see that you are really that making money. Dont easily fall out into those people who do say that they are profiting or what.Its better to stick with your own. |
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I tried doing an airdrop hunting a few months ago but I ended up feeling upset with the result because most existing airdrops nowadays are clearly scams. They will asks for your details including your social media links and would ask you to do a lot of tasks but the payment isn't clear.
If we will look back on the airdrops that we had a few years ago, airdrops nowadays aren't that profitable anymore. I find it a waste of time so if you want to make a profit or earn good coins, better find other alternatives and opportunities in crypto world.
The current airdrop compared to a few years ago is very different. I've also stopped doing that even though before I always tried to find it but I'm currently not too focused on that because indeed my time is wasted a lot in searching and doing tasks but indeed as you said, the payment is not very clear which makes I quit. It seems that the reason we are all almost the same is because regardless of anything, sometimes the pay is not worth the task that has to be done. Those who are new in the crypto market will simply think that airdrops give them a chance to earn money but they never know that the developers of these projects just tricked them and the worse thing is that they will use this to collect personal information from the participants by urging them to comply their KYC in order to receive their rewards. And very unfortunate that they can't sell their coins as it was not yet been listed on exchanges, they are only stuck in their wallet hoping for nothing. Indeed! This would be their first step blocks on learning on crypto just like me into those earlier years where airdrops did really caught up my attention because you could basically earn some free tokens. Wayback it was really just that simple on acquiring these things but nowadays it do really even asks out for some KYC or verification and some do even ask out for fee or tasks which is really that hard to to be done or to complete.Also we do have lots of scam projects in the market which it would really be causing for you to deal with those shit ones and wasting up your money basically on dealing with them. |
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Enough or not depending on how high your dreams about:
- how high the bitcoin price will reach.
- how much you want something with bitcoin even though the value of the investment is quite high for the average ppl.
When it comes to greed, what I know is that humans are never enough. They'll place regret in any situation.
It is very important that we know our limitations, if that 0.1BTC is enough for us, then we don't need to add more because this might bring in trouble. Because it is not all about the capital, in fact, rich people can buy more Bitcoins but they choose not due to the risk in crypto and it was not manageable. That is why they keep only the amount that they can afford to lose and stick to it. This also applied to all of us and much more to small investors. Indeed, greed makes something terrible to us and we don't want it... We know that there's no such thing about being enough because the more the better as always knowing that its really just part of human instinct on having that want on earning more. If you do set out those targets then its not bad because its never been that bad on having those goals and targets in mind which you would really be inspired on doing all sorts of things just for you to reach it out. There's no such thing about enough and its not bad to be greedy because this would be pushing you to work hard even more but of course everything should be in good control and moderation if you do like things to be still on path. |
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Don’t panic and jump in to the gamble by just reading someone story. If you jump into gambling only by hearing other people's stories, it will bring you bigger losses. You will never win big prizes by following other people's stories. Big prizes are not always won. It suddenly gets to someone. You can get it too, but neither you nor anyone knows when. You can try but never panic. Keep gambling with a cool mind
Don't be attracted to gambling following the profit stories of other gamblers because they hide losses and only publish high winning bets, betting to get a higher profit than capital is very risky and difficult to win, so it's better to bet according to your gambling ability and always look for high odds to win, but make sure you gamble using money you can afford to lose and gamble for entertainment. Newbies do mostly been hooked up with these kind of sharing or post on which they do really ends up on playing just because they do have that kind of impression that they might be that becoming a winner too on the time that they do decide to gamble basing up on what they had saw earlier which is really a very wrong move.Sooner or later you would really be realizing that its not really that ideal on making yourself that impulsive for whatever you've seen on tv,net or other sources which would really make you desperate. In op, then it turns out that he's just lucky as simple as that. |
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I have a few things that I want to buy but none of these is urgent. This is the main reason why I invest in bitcoin because I know I might need money in future but I don't need it now.
When you know bitcoin will grow in value over time investing becomes something clear and obvious because it can take 5 years before you can take some profit but eventually you will.
I'm not spending my money, I'm still saving. I know that one day I'll be too old and too weak to think of working and that's when all of this will come into play.
Yes, we cant really that be so assure that our kids would really be looking back at us on the time that we are old and having no job for us to support ourselves.We've seen the worst where old people being abandoned by their children and this is why its really that important that savings is a must while you are still young because you dont know on what comes next. Now its better to have other multiple source of income so that you do have the chance or ways for you to save up at least for future plans. Stay fit and healthy and live according to your means and not into your wants. |
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Ths is very funny to me and I can't imagine this twice again. The question is that why would you ever think of selling your wife jewelry to buy Bitcoin. Are you that curious to the extend of selling your woman property just to buy Bitcoin that can depreciate anything and leave you in loses. It is fine that Bitcoin would finally go bullish but I can't imagine you selling what belongs to her.
This is a mess and should never be condole. Does it means that you have nothing else in your house to sell rather than selling her precious values so you can buy Bitcoin. This is not funny at and you can be arrested for this if you leave in a law abiding country. It is out of point if you ever take this odd action. Good luck Mr gold seller!
If his wife do make out expectations but turns out to be not happening into those proposed years then for sure it would really be a disaster for that husband.This is why its never been that ideal on making out some guarantees specially into your wife plus you had sold off her precious belongings just for that investment opportunity.I dont have doubts on Bitcoin though but we cant really tell on when would be the right time for these things to happen.There's no way that we could really be able to determine on which or what year those numbers would appear.This is why its not really that good to give out guarantees because it would cause some chaos later on. |
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Know when to buy crypto is very important to traders in the community,because it will help you to determine your future if you get it right by purchasing at low price in the market. Those that purchased crypto when the price is low in the market always have something good to achieve at the end of their investments, which is the wish of every traders but it's only few that is getting it right by exercise patience for the price to decrease before they can buy and hold for a better future to come. But, know when to sell your crypto is very important as a traders which is the main reason some traders go into crypto trading just to be profitable at the end of their investment.
When it comes to buying time then the main consideration that you should mind is on when the market is really on great fear and doubts on which this is the sweetest spot for you to consider on placing up a position on where you could buy up cheaper coins but its not something simple that you could easily deal with.This market is truly that unpredictable and there's no way that we could really be able to know on when would be the perfect spot or time on doing such action.This is why profitability would always vary on how someone do able to make out crucial buying and selling decisions which would really vary on each individual. |
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I agree. I'd say the only reason gambling was even considered as a vice is because of how majority of the portrayed image of gambling to the public is addictiveness due to greed, which leads to their own destruction. Sadly enough, people who do know what they're doing aren't really being portrayed enough to the public so as to reveal what gambling can actually be.
It's not that it's bad or anything that people gamble to win money, but going past a certain limit, just like in any other activity can bring about negative consequences. It's more apparent in gambling since it directly involves money.
There are even religions that do see gambling is a bad thing or there are communities or people who do always have bad impressions and looks towards gambling.They do always look into its negative side which is on making someone getting addicted and ending up their lives miserable.This is why they do really have this kind of approach and there's no way that we could blame them in regarding with their perspective to it but it isnt really just right that they should really be that conclusive just because they had seen just one side and not the other. |
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How much is that some that you can lose? Only you can answer on how much you're willing to invest, if it's 60% then that's it. Risk appetite of each of us changes based on the circumstances that we're facing. You may say that you're okay with that percentage for now but it could change tomorrow if some unexpected things happen and vice versa.
Before investing everyone thinks he will get the best return on his investment but can see the real result after investing. Because the market has seen many unexpected movements due to which even experienced investors have lost money by huge margins. Therefore, it is important to manage money in investing so that even after seeing unexpected results, one's financial situation does not go to a very bad level. So 60%-10% is not a fixed amount, it depends on the financial and emotional status of that investor. That's about being optimistic when someone invests and I'm also like that whenever I've got other investments on the process. I just think that everything is going to be well but before thinking like that, I make sure that I know what I do and so I don't regret with my decisions and it never happened to me for having bitcoin. What I just did wrong is when I need to sell forcely because of the circumstances that I've faced before and just as I've said, it changes with things that we deal personally. So if OP is in good condition and don't have to think a lot of circumstances, he has to take that opportunity once and for all before anything happens. Because if it does, he may not be able to invest just as what he's said about placing 60% from his savings but as he do that, he needs to carefully review his status first if it's really doable. When it comes to investing, think like a professional investor. Future potential investment can return the invested capital of the investor with profit. Any loss is painful, since an investor will invest part of his/her savings, we think he will not regret after making a loss, but if he/she faces a loss after making a loss, he/she will regret it. So investing with proper market research is most important because even a small loss will be recorded as a loss at the end of the day. And no investor wants to lose even if it is a small amount of his/her savings. Not only limited on investing but also in other things as well on which you would really be needing to be that thinking that carefully whether it would really be something beneficial or not. When it comes to savings then its up to you on how you would be handling it.Important thing is that you wont really be going in all in specially with your savings. Allocating 60% is already that too dangerous because we do know on how risky crypto investment is but if you could be able to accept and bare up with the risk then its up into your choice whether you do proceed or not. |
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I want all the good flashy things in life but the best gift I have now is free time, and Bitcoin makes this possible, I don't know about others and I can't talk for others but, to me, Bitcoin is Freedom.
When it comes to money making opportunity then Bitcoin or crypto as a whole could really give out that kind of chance for someone to be able to acquire or achieve but not all do ends up on the same fate on which if there are winners/profitable investors or traders out there, in exchange there would be losers on the other side of the market which means that you are really just that able to make yourself that wise in regarding into your investment.If you do see that it is really that worth more than or comparing into your previous job or dealing then it would be sensible on focusing into it. |
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Education doesn't necessarily mean knowledge and many rich people don't even have a degree because they thought its useless and not completely related to knowledge and skills. Education is the key for survival not for success so don't get confused between both cause it is different and knowledge is powerful in my opinion.
Actually, education without knowledge means nothing. But if someone inherits a lot of wealth, he must be able to manage it, otherwise he will lose everything very quickly. But money is a big power, the rich get a lot of influence, even without a good education. When you do get something like inheritance then it would be impossible that you wont really be that sensible on making it worth or would last which you would be thinking on having some advisor if ever you are really that minding about spending or handling your finances.Education is important because this would really be that an edge since you could be able to mind off on how to handle things up specially with finances but we know that there are people even having no degree could able also on making up things. Having both could really be always that good and we know that education could lead you into something which would drive you off on future endeavors and plans in life. |
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But in AI there's no way for you to know the original source or people behind the predictions.
You're right. AI might give you the right stats, but it's not enough to make the right prediction. The purpose of AI is to give us information about the past, not the future or make predictions for us. Therefore, you are right, it's useless if we just base our bets on AI alone. If AI is so accurate, then we would not see those people called paid tipsters. They would just vanish, knowing they are useless since AI has taken over their jobs. Exactly, AI can provide past performances but still not secure to win. Those are data that can be used to base your prediction, but the actual execution still depends on how you understand the game. It's useful in terms of trying to sort every opportunity and advantage from the player or the team that you wanted to support. Along the way, if AI can really predict, then you are right with the tipsters. They will not be needed as AI already replaces them. Yes, no matter how many informations would be stored out then it would be still really that stored on library which it would really be that helpful on some areas but it would be totally that not precise for you to rely on predicting on future results which it isnt really that recommended but i dont know if there were people who do make use of it. Its true that if this thing does works then all of us would really be that using it.Do we really think that it would really be that allowing for it to happen? with those bookies around? |
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better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...
Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy. You are right and this is why not all would really be having that chances on diversifying out because of lack of funds or not really that financially capabled or had already put up into various investment but we do know about that diversification is always been best, its not necessary on getting on all in but having several ones would really be that recommendable. Speaking about volatility handling then it would really be depending into you on how you would really be dealing off with.Just make sure that you are fully aware on what are the opportunities that it could really give and also the risks that it is really that involved. |
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If you don't mind could either of you also inform us when the issue gets resolved because i am assuming it didn't get resolved. I don't have currently any money in CEX.io but i have an account in there and depending on the time this gets resolved affects if i want to use their service in the future.
Both of them (CEX representative and OP) has been offline for a few days now, I think you will need to wait for a while until this gets resolved (if it ever will). Why don't you move to other services in the first place? I don't think there is a need to stick with CEX.IO since you have no money there. If you want to trade your BTC for altcoin there are tons of options out there. If I remember correctly some members mention Kucoin if no KYC is what you're looking for. It still works but don't expect it to last forever. If fiat is what you're looking for you can also use dex. Just a little bit complicated but should give you better control over your money. We know that there are some platforms which doesnt list out a specific coin and this is why people do end up on dealing with platforms which arent supposed to be deal off with. Speaking about in between negotiations between op and cex representative, then we dont know if the problem had already got resolved or not. One of the things i do really get worried about when depositing huge amounts of money on any centralized platform is that they could potentially hold it up and say some issues which is bullshit actually. |
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
Spreading FUD is not unethical. It is the nature of the market and FUD is one of the tools to force market move is a certain direction even when not due to move. The wise people in the market benefit from FUD. Meanwhile fud is also considered a bad tool become it can bring down an honest project. If not that binance is solidly rooted, the FUD spread against it would have brought it down this time. Yet, the biggest challenge is that the FUD originators benefit from it while the spreaders may be the losers. It should not be the nature of the market and because it is the nature of the market does not mean it is ethical. Wars are not ethical but they happen. Hacks are not ethical but they happen. Just because something is happening and it is normal does not mean it is ethical. How can spreading false information knowing that it will manipulate a market be ethical? That is the opposite and you can go to jail for fraud. Doing this is fraud and it could be punished if it causes enough damages. Just google hoaxing and fraud and you will see that spreading FUD knowing it is misinformation can land you a criminal record. You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one. Basing up on technical indicators which the price could really be having that strong support on 22k point and if there's a breakout then 18k could really be that possible.We've seen some fuds and negative fundamentals around which we could really be able to thought that it would make the price make out some huge corrections and price decrease but it didnt. Making up some -2000ish isnt something that shocking anymore into this market. It is really just that people do make out some reactions just because we've been long time on moving sideways.The price now is trying to break that 25k price but it do keeps rejected. |
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Glad that you clarify that it's just for fun, but it's not recommended and I would not even think of using any of the methods that are mentioned, some of them are too risky only the bold can do this because you are up against a casino and the authorities you cannot get away.
I prefer to do affiliate marketing you only need a few whales to join under your referral link and you're going to make money while you sleep, just pick the right casino to promote and you are good to go.
Well said, all that mentioned were like risking our life. Maybe we'll get good money, but we don't know how long we can hide ourselves from the police and the outer world. Nowadays the security system is to the advancement, everywhere we're under the surveillance. The best choice is mentioned, affiliate marketing. If you get to be lucky to have a Whale gambler down to you, surely this gonna bring you good profit. Maybe this won't be the amount same as stealing with a bomb in hand   There's always a risk because nothing on this life comes easy, if you do make money but on something which is illegal then getting caught is really the main risks that you would really be needing to avoid. We do have our own will and could identify on whats good and whats bad on which it would really be depending into you on which road you would be taking in. Gambling is for fun but on the time that you are already trying to do criminal acts then it would be an another story.Just like the rest been saying that other situations is something similar on the movies but heck these had already happened in real life. |
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