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it is better to have knowledge yourself than to hope for a signal. however, if we can react to it, the signal service is also not bad. this means that novice traders can observe how to trade from the signals they follow, but afterwards can take lessons and learn to find trading patterns that suit themselves. but in reality many traders actually rely entirely on signals, and are lazy to learn, things like that should be avoided, because it's impossible for us to depend on signals forever, especially if it's definitely paid
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Investing in Bitcoin by selling your altcoin is a good move if the altcoin you sold are shitcoins and is good for short time investment. Honestly I am not much of a pure Bitcoin only investment since if we are looking for a higher profit without considering the risk, reputable altcoins give way better profit than Bitcoin. (Don't flame me for this, I am just citing my opinion) but of course to those who wanted a more secure investment, converting all altcoins to Bitcoin is the wise move. With regards to the wallet, offline wallets is always better.
investing in crypto is a choice, bitcoin or altcoins of course have their own characteristics, and most importantly we have to be able to understand them, so that even if we invest in bitcoins or altcoins it has been calculated at the start. it is undeniable that investing in altcoins will bring us greater profits, and of course to choose that we must have the knowledge to analyze it first, so that in the future we know what we have to do, because the main thing is the decision is in our hands |
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First of all its going to take some time before people could see and make any type of adoption because things do not get adopted in a single moment, it takes time before it gets adopted and that's a very normal thing. You do not see people all starting to use the same thing in a single day. Even back when money was invented, it was used in a particular part of the world, it wasn't like it was created one day and next day all the world was using it, it took centuries before everyone stopped using barter and started to use gold. Long story short we are going to need some time, and of course we are going to need technological literate people as well, older people are having a bit of a trouble about it currently. But in the future even older people will be capable of using it because we would be the old ones.
You state that widespread use of cryptocurrency will take some time. I see your point. However, I would argue that it is less about time and more about necessity, based on my own inflated sense of knowledge. Today's society embraces new technologies at a breakneck pace. You make a false comparison when you say that it took millennia for money to become widely used. Cryptocurrencies are not a new idea like money was. What we have now can be found in digital form. I find it a terrible pill to swallow that you bring up the difficulties of the elderly. If the motivation is great enough, people of any age can change. I've witnessed seventy-year-olds learning how to use iPhones like it's nothing. If cryptos really prove to be as important as you claim, then its adoption would be inevitable across all age groups. You are right, we should not compare the acceptance of money in the past and cryptocurrencies in the present. Cryptocurrency adoption will become faster if it really becomes important and gets government support. While cryptocurrencies are theoretically seen as the technology that will change the future of the financial industry, it is fair to say that it is only being used as a speculative tool, so the demand for it is not the spike is also understandable. Not everyone is passionate about investing, so for bitcoin to become globally popular takes much more time than we think. indeed there are many cases around us who are reluctant to learn bitcoin because there is no regulation from the government, and that means they are not interested in investing and adopting it and learning about it. it is a natural thing, especially for the elderly, of course they choose a safe path. but we have to realize that the development of bitcoin adoption is slow due to the lack of support from the government, and I think if there is socialization from the government it will be easy to provide education, because as you said, even small children are good at using smart phones, and of course they will easier to teach him |
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This is my experience : When I started with Bitcoin I was VERY enthusiastic and I could not wait to spread my new found information with anyone that I met. In hindsight I now know that it was the wrong thing to do, because some of those people had zero interest in the subject. So, over time I just planted the "seed" of interest and I stepped away. Then, usually around the time when the Bitcoin price increase significantly, interest in Bitcoin increase too.... and those people that I approached, will come to me for more advice.... because I am the supposed "Expert" on the subject.   When there are a huge drop in the price, everyone calls it a Ponzi scheme and says it is going to collapse... then I just smile and walk away.  that's what mostly happens around us, they seem to only want to make a profit, and what's worse is that many are jealous of someone's success, as if they don't want to try to learn and finally succeed in getting what is expected. I personally have also experienced something like that, and in the end only those who were enthusiastic at the beginning could be used as sharing, and who came back because they saw us succeed, usually I even showed the risks that must be borne, because the market moves erratically |
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It's not right to force our kids to do what they don't want to do, especially forcing them to know bitcoin, bitcoin is not what you can force a kid to know, you can for your child to school and secure minor employment opportunities not a bitcoin, whosoever that have have a kids don't have the right to suffocate them because the person want to impact the knowledge of bitcoin the his kids by force, a child will work on what he can do better
There are certain things we need to understand when we argue things especially on the things of bitcoin and how we should teach our kids or not. A responsible parent will force their kids to go to school even when they cry because they don't want to go why? I think because of the importance of education now coming to bitcoin and our kids, I think it is the responsibility of the parent to decide if they want tthir kids to have the knowledge of bitcoin at early age but if the kids are not interested to learn, I don't their parents will want to force it on them knowing that they won't take it seriously. You cannot compare the essential knowledge of life with the knowledge of bitcoin. When your children grow up and are old enough to go to school to learn the basics like writing, reading, and basic math… all of these are necessary for later, so it doesn't matter if they like it or not, that is mandatory. But with bitcoin, if a person doesn't have it, they still have a normal life, even many people are still rich, still successful even though they don't know what bitcoin is. Those are two completely different disciplines, and bitcoin is not a must-have for everyone. for now bitcoin is not something that everyone has to know, and I think we know bitcoin at this time just to make a profit from bitcoin, while children will find their own way, indeed knowledge of technological development is very important to know, but don't have to go deep into it. when our children grow up, maybe bitcoin has been legalized as currency, then what we are looking for to support our children's family is basically money, and that can be obtained from their profession later. as parents we should only direct the talent of the child |
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While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
That is true in the past things were quite easy and the lifestyle is not that expensive. As time goes by in the increase of inflation all around the world, life is now getting harder because of the high cost of living. Food prices nowadays is very expensive as well as electricity, water, internet charges, post paid lines, even the tuition fees at school etc. Todays economy is very difficult especially to less fortunate people. Here in our country mostly minimum wage increase a small portion of their salary but still it is not sustainable to their needs. For the above minimum wage the salary remains the same no movement at all that is why it is hard for regular employees to manage their finances with the increase in prices of basic necessities the salary did not even get higher. Everyday is getting worst, but if we will find some other option maybe we could survive. a government employee still complains about the current situation, what about factory workers. Currently inflation is indeed high and even though there is a salary increase it is not proportional to the amount of inflation that occurs. and of course we must be aware of reducing our lifestyle and looking for other sources of income outside of working hours, so we must learn to cope with increasingly difficult economic problems. everyone has their own problems, and gratitude that can make us enjoy life beautifully |
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I will make sure I pass down my wealth to the younger generation within my family, the upcoming generation will benefit from it and I will also help a lot of people too, I believe the importance of Bitcoin is also necessary for the upcoming generation, I imagine myself funding a big Bitcoin promotion in the future, it's been part of my plan since few years now and I hope I live to make this happen.
Well I hope you can soon realize your dream. If you want to pass on your wealth to your next generation like your children. then what you need is to prepare your children to have good financial knowledge so that what you inherit is not wasted. Because I witnessed many parents who left a lot of wealth to their children. but their children cannot maintain the wealth because they are not good at managing the wealth they get from the inheritance. so that by the second or third generation everything has been used up and not much is left. That is also what I've noticed now since the newer generation wants to live an easy-going life and doesn't want to learn how the parents business works but wants their wealth unless parents are really guiding their children and teaching them about their business so that they can continue it and make their business continue in the following generation. I also noticed that some of their children lose interest in their business because they want to get more into technology, which is why they don't want to continue it. Correct. That's what sometimes makes parents a little difficult in educating their children. But our focus is to see and analyze what interests our children like the most. And we will see in what areas our children's potential can be developed. as long as our children's interest is in positive things, we must support it by providing the best education. But we also have to make them able to do what they are interested in but on the one hand we also have to teach them a sense of responsibility and they also have to know that one day they have to be ready to inherit all the companies that we have. sometimes the child's wishes are different from the parents' wishes, and of course we cannot force the child's will. because many parents advise their children to continue the business that their parents have developed. as long as the child enjoys doing his hobby, the parents just have to direct him not to get off the path he has chosen, so that by doing what he likes, the child will be more enthusiastic about developing and does not have to be in accordance with the wishes of the parents |
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what I imagine is that if bitcoin is a single currency, bitcoin is not owned as a currency in a country, but a country that owns most of the bitcoins, then they can control the price. therefore we must be able to keep up with the times and must be able to use it more effectively. this will be very useful if we have international business, of course with bitcoin it will expedite our efforts in matters of payment
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well, that's the cycle for cryptocurrencies, so we have to be careful to choose the buying season and the selling season. if we sell at a bearish time, then big companies that see it as an opportunity will be happy to take advantage of that opportunity. until the time when they will hold on until they find a suitable price to let go. at least we have to learn from their mindset to take advantage of opportunities properly, so that if you have bitcoin on a large scale, then at least it has the power to move prices
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I think your idea is completely wrong because bitcoin and forex are never the same if you compare forex with bitcoin for trading then I think you will face loss most of the time from bitcoin so you should first know what is bitcoin.
Bitcoin is a currency and that is the only similarity with forex. Many people will do forex to make money and people use fiat or altcoins to exchange and trade bitcoin for the same purpose. Going for both is something that also never recommend. Mastering one is a lifetime process and you can only do one for profits. I think speculative trading should be limited in the number of type in assets. The long term investments can be multiple but short term things should be limited. Trade bitcoin, don't do altcoins too much and don't go for more risky methods. in the best cryptocurrency for trading is bitcoin, where this coin is the most difficult to manipulate, making it easier for us to analyze. but indeed what needs to be understood is that bitcoin volatility is higher than forex, which if you are not careful and disciplined, then the losses in bitcoin trading will be greater. many people get big profits in bitcoin trading but few get consistent profits, therefore improving mentality is very necessary to deal with fluctuations that occur |
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Never trust with signals or someone else advice, trader is responbilty with our money, always read carefully chart and news related crypto is the best way to make it profit than we follow signal chart that will making our money lost. Believe with ourself and we feel peace with our choice
Trustworthy or not I guess it depends on the experience of each trader, but for the long term, don't rely on signals all the time, it won't make us grow, we must have the knowledge and skills so that when following market developments we can make our own decisions. No matter what kind of information you get, signals, insider stories, new strategies or anything that is related to trading. Try to verify it as much as you can. Being an experience trader is advantageous in this situation knowing that he can identify the information faster than new traders and experience traders knows how to verify it. Traders always need constantly learn to gain more accuracy on their trades and this information that are shared to us are helpful if you know how will you use it to your advantage. it's better to be yourself and verify the signals you get, and in the end you're the one who takes action on what you think. in other words, we only make signals as references to take action, if it is in accordance with our conscience and in accordance with our analysis then we will be more confident, but if it is not appropriate, then our analysis is the main one. we believe that by going through the process, we will be able to become pro traders, and of course, we must be able to enjoy the process |
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Remember that trading is not a surefire way to fast success or fortune. It takes commitment, ongoing learning, and a disciplined approach. You can boost your chances of success in trading by starting with prudence, applying risk management measures, and gradually expanding your abilities and expertise.
I am always surprised when I see gamblers always over prepared to learn how to trade because they think that they can start making profits from the market as soon as possible. It is not easy to make profits from trading that is why we do see other traders coming back to aks for where they can get sure signals they can use to trade the market and make money for themselves. Trading is very difficult and we should not expected to start tarding today and tomorrow we are going to start making profits. Everything is gradually not to be in a rush. I think trading is how we communicate with the market. so we ourselves can lead us to a success. this is not a bad thing for the signal provider. they are also good at presenting signals. but if we ask ourselves, will we always depend on signals, and if those signals are no longer relevant, will we become signal hunters.... therefore using our own strengths to learn and process I think it will be wiser, so that later we can be independent and manage ourselves, until finally it is hoped that trading can become our main income |
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I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
That's what you get when diversifying your investment. We don't know which coin will mooning so if you diversify your chance of investing in to the right coin will increase. Well, I learned that the higher volatility coins will multiply your investment if price go with yours but if it's against you, the price drastically drop and sometimes can't get back up. That's why when I invested, I only choose those low volatility coins because for me it's a safe investment. Low risks is equal to low volatility, and this is what matters to me the most. Back again it depends on us because we are the ones who determine how the investment is prioritized, if you choose to invest in coins that have high volatility, you must also be prepared to accept the risk, adjust to your own abilities and do diversification. diversification is indeed necessary to minimize risk, but we do have to be right to choose a coin or altcoin that has a bright future, it will indeed make a lot of money if we invest in a new project and the project turns out to be good, but difficult to analyze. therefore by choosing coins and altcoins that have the potential to be on the top I think it is a wise decision to invest. and of course for me bitcoin is the safest to invest in, and has the lowest fluctuations like what you are looking for |
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Altcoins cannot be survive without BTC.
If you looked into the market, when the price of bitcoin down and all of the altcoins gonna fall too.
So in my opinion bitcoin is just like the central of any altcoins in cryptospace.
We have experienced so many things from Bitcoin and altcoins that made majority of Bitcoin and altcoins investors to believed that altcoins cannot survive without Bitcoin because whenever the price of Bitcoin is increasing in the market altcoins price will be increasing too. Bitcoin price increase higher few days ago that make altcoins investors to start having hope on altcoins that the price will increase higher before the end of this last week in the month of June, so that they can sell their altcoins to make profit. Bitcoin will still remain the king among other cryptocurrencies no matter the challenges may be in the market because Bitcoin has more population than altcoins. It is clear that Bitcoin will still be king because it will be very difficult for sure for other coins to beat it, that's why Bitcoin is the benchmark for altcoins, what is clear is that we will see how far it goes. the trust factor brought bitcoin to the top of cryptocurrency, many even identified cryptocurrencies as bitcoin. bitcoin is not affected by the movement of altcoins, but instead altcoins are affected by the movement of bitcoin. therefore from the beginning until now bitcoin will always be the king of cryptocurrencies, and until later I think it will also be in the same position. it is difficult for ethereum as the closest altcoin to bitcoin to surpass it when viewed from the difference in the total market capitulation |
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FTX 2.0 will relaunch this September, so I'm sure Solana will also be affected, for example,
one that has been impacted by this good news, namely SRM, yes SRM has increased x2 this July,
so SOL will also have potential too, for the $40 sure is a easy for SOL.
ftx exchange is ruined their reputation already i think, so that don't hope big expectation if ftx 2.0 will revive, so i think after it relaunch there will be no significant effect on solana, it's currently 20$ in trading so i do not think it's very easy to recover 40$ in this year, if without no good news in the coming months, After disappointing consumers, I don't think it's easy to regain the trust of consumers again, it requires more effort to restore it. it is true that it takes a big breakthrough to restore it, with booming positive news it is hoped that it will attract investors to come back again, but if there is no significant news, I think it will be difficult for him to reach $ 40 this year. even then it is still affected by the movement of bitcoin, so we have to take all of that into account |
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Looking at the market trends and predictions, one should be very cautious when it comes to investing in altcoins. The majority of altcoins are not even worth considering. However, there are a few coins that have potential and are worth considering for investment.
To maximize profits, you may consider investing in cryptocurrencies such as ETH, LTC, SOL, XRP, and Doge.
ethereum is bright coin to invest for future i added it in my portfolio, but i do not know how i will get maximize in profit in the long term holding, ltc is coming back in market, now it's very high price so i do not focus with it, actually now i am not interested to invest in altcoins because of this market, ltc has flown beyond the previous strong resistance, so it is likely that this altcoin will crawl back up. however, if there is a price correction that occurs, it might still be worth investing in, especially if bitcoin starts to crawl, which is a signal to wait for the altcoin season to come. whereas ethereum is like bitcoin which is very feasible for long-term investing, so I don't think there is any doubt about it. currently matic is my next target which previously experienced a decline, so it still has good opportunities to invest |
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Honestly, I don't believe bitcoin will overtake gold anytime soon, it's almost impossible, no matter how we say it, and that's the reality we need to accept. We should stop comparing the two to brag about the advantages of bitcoin and say it surpasses gold. Let's take a look at the ongoing reality that gold is still the most sought after and valuable asset while bitcoin is too young to be trusted by all. Looking at people's needs, we can see what people need more and are valued more.
gold has won the trust of everyone around the world, so I think gold will still be the first choice in investing, even though its nature only protects fiat currency from inflation. it's different with bitcoin which can increase many times, but can also decrease many times. this is because only a few people in the world trust bitcoin, giving rise to higher fluctuations. but indeed investing in bitcoin can achieve greater profits than gold, as long as we understand about bitcoin |
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When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
No one knows if 2024 will be bitcoin's golden season, but we are sure that bitcoin will eventually reach a price of $100k. therefore we don't hesitate to invest in bitcoin from now on, considering that there are still many opportunities to make a profit. but it's not that easy, after we invest, we will know the pressure that occurs when investing in bitcoin, maybe from price fluctuations, psychological pressure, and so on. but as long as we can consistently hold bitcoin and not be greedy i think we will make a good profit |
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Bitcoin's popularity is increasing day by day. Now in today's society both men and women are working shoulder to shoulder together in the office. No exception to this, women are also very interested in Bitcoin and current Bitcoin. The reason for interest is that when a woman works in an office, it becomes a bit difficult for her to juggle family and children. In today's society we see many working women leave their children with the workers and go to office, those children are abused by the workers. I think all the sisters who have chosen this bitcoin as their profession should not face such problems. Because after all the children's work and household chores, there will be enough time to devote to bitcoins. So choosing Bitcoin as a career can be a good decision for girls.
now is the era of gender emancipation, both men and women have the same rights, indeed women are more likely to take care of the household, but over time women can also support the family's economy, bitcoin is just an alternative for women who want to work from home but still have income to help the family economy. because in the crypto world for those who are able to study cryptocurrencies, it is they who will earn money. and when viewed psychologically, it seems that women's feelings are softer so they have a higher level of patience |
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I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.
You are describing the Gresham law, when there are two different currencies in circulation the most valuable will eventually be hoarded while the less valuable will be widely used, however this only takes into account a scenario in which both fiat and bitcoin are in place at the same time, if inflation keeps growing, a point could be reached in which fiat could not buy much anymore, and that is when people will look for alternatives and gold and bitcoin could become widely used as currencies at the time. It is not easy indeed to replace fiat currency as a means of payment. however, this can be pushed aside when fiat currency is no longer relevant to be used as a means of payment. therefore from that time needed a new alternative means of payment. it's the same as when fiat replaced the barter system as a means of exchanging goods, because the barter system was no longer relevant, money was created to value an item, and now bitcoin has emerged, and we'll just have to wait for its future developments |
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