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May 25, 2024, 08:29:43 PM *
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21  Other / Politics & Society / Re: The death of Iran president and seven others on: May 23, 2024, 06:01:43 PM
There are lot of rumours which is making rounds on internet but I don't think it's an assassination but rather due to bad weather and to be honest he was no saint to gain sympathy as he has signed thousands of execution orders in his early days and there was no need of anyone either Iran or Israel to have him assassinated. Let's just accept the fact and move on.
22  Economy / Trading Discussion / Re: Why trading and not something else? on: May 23, 2024, 05:36:38 PM
I am not a full time trader hence my answer couldn't be of much relevance since I don't it occasionally like part time which is not the right way of doing it but end objectives are same it's the profit at the end of the day and people are into trading for only two reasons one I the profit and second being they are their own boss as they don't have to go through this corporate slavery.
23  Economy / Speculation / Re: Bitcoin - Previous vs Current Cycle on: May 23, 2024, 05:05:57 PM
An eye opener from those who are still hesitant to belive Bitcoin will spike even further, this graph helps us understand how the current trend has been better than the previous cycle and it's a clear but signal as we were awaiting for the magical number of $100k but it seems like there I much more in the store for us. Also, once Bitcoin hits the long awaited target of $100k people will go crazy and it will cross $150k in no time due to FOMO.
24  Economy / Economics / Re: Money addiction on: May 23, 2024, 04:08:30 PM
That's a very common story of most of us as we are more focused on earning money wherein some do it for survival while other just don't want to downgrade their standard of living and wants to keep improving it and then comes people who have greed of money but they don't maintain a good lifestyle. I am not saying that people shouldn't have greed for money as money is eventually everything but we need to maintain a healthy lifestyle and work life balance as some message up their personal life in greed of money and end up regretting it later when damage is done beyond repaid.
25  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 23, 2024, 03:48:56 PM
Bitcoin investment and gambling are two non corelevant axis as gambling is way too risky and it's pure luck and sometimes betting is involved which includes bookies and basically one person's gain would be other person's loss but Bitcoin investment is just like any other traditional investment but more volatile compared to other assets like gold and real estate and also it requires proper analysis about the entry and exit point.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Future Investment with Dogelon Mars (ELON) on: May 22, 2024, 07:48:30 PM
I am part of this coins signature campaign and I can tell you that they are still at developing stage and a lot of work are still pending, I am sure they definitely have some good plan for future because we are in this campaign for over 6 months now and one doesn't shell out money just like that without any motive. I think we need to wait for official news on its development.
27  Local / Nigeria (Naija) / Re: Scam ads on Bitget on: May 22, 2024, 07:16:29 PM
Sorry for your loss and I had been using Bitget recently but haven't had this experience but precautions are always necessary and I am bit shocked to see how these traders can change the price and I think there needs to be a system which should notify us if price changes and should proceed only post our confirmation like it happens in Binance as this is the biggest loophole and guess what it's your own countrymen cheating you.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoins to invest right now on: May 22, 2024, 06:52:53 PM
In my opinion, the altcoins that are in the top 10 of CMC are altcoins that are very worthy of investment, but the most prominent of all is ethereum, because ethereum is an altcoin that has very large popularity in the crypto market, so it has the potential to become an altcoin that will provide huge profits in the future,

ETH is indeed the most preferred Altcoins or crypto in general as this is the second best option to Bitcoin and I think we have already witnessed how ETH has surged in last few days and apart from that I would choose SOL this time because it has been doing exceptionally well and at the same time it hasn't breached it's previous ATH.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest 5k€ in 5 coins - good selection? on: May 22, 2024, 06:46:45 PM
No doubt these coins might give 10x return during bull run but the probability is less and I think you need to balance the equation between the new coins, memecoins and established crypto like Bitcoin, SOL or ETH. If you ask me I would say BTC and SOL or ETH is must and then for remaining three coins you may choose between shib or pepe and any other two coins but the coins you have chosen are too new yet to be tested by huge fluctuations
30  Other / Politics & Society / Re: Make a difference in your society. on: May 22, 2024, 06:25:29 PM
I wish more people think on these lines because everyone just wants to be rich and have power but very few things of giving it back to the community and help the underprivileged ones. Hence I have been doing my little part by educating 3 childrens as they are my neighbours as I just don't want to live earn and die but rather wants to do something good which will give me peace of mind and it makes me happy that I am changing life of these 3 childrens as education is the best gift we can gift to anyone.
31  Other / Off-topic / Re: Does exercise before and during trading activity help ones chance of good profit on: May 22, 2024, 05:58:55 PM
It does help because if we are working at something continuously it becomes monotonous and we don't get to think in right way since our thinking capacity and decision making capabilities are limited but if you do exercise or a slight warm up it will refresh your mind and enable you to think better and this is not limited to trading but for everything.
32  Economy / Speculation / Re: Why Bitcoin Price is Down Today? on: May 22, 2024, 05:32:22 PM
What a joke, Bitcoin price only drop around 4% and now you're trying to find the reason from that tiny drop?

It was drop without any reason! just a normal supply and demand.

If you invest in high volatility asset, you need to accept the price can going up and going down for 10% in a day, 10% is also normal.

If you're looking for stable asset, check stable coin, you will not get heart attack for holding it.
Sometimes the price of bitcoin can not be predicted and when we assume that the price of bitcoin was caused by something it could even be something different.  As an investors right in my mind I already know that the price of bitcoin is volatile which it can fall and rise at anytime, I see no reason why I should be bothered to know what could be the reason for the price of bitcoin when I know bitcoin is a volatile asset.  

Just forget about the fall of price and invest, the fall of price is an opportunity to buy more bitcoin and you should not allow the fall of bitcoin to disturb the peace of your mind because the market can't do without volatility of price.

Yeah that's what art investors have been doing for years i mean we should be considering every single dip as a buy opportunity instead of cribbing and panicking about the dip which will lead us to incorrect decisions like panic selling. Mostly people who invest for short term tends to do this mistake and end up losing on profit by panic selling. People should realise Bitcoin is not gold to have a stable growth it can be extremely volatile as well.
33  Economy / Economics / Re: Luxury items stock will be good way to go on: May 22, 2024, 04:56:57 PM
I have experienced 2008 recession and reality is very different than what you have mentioned because everyone right from the highly paid software engineer till local vegetable vendor were affected as the buying power is reduced to great extend and people just limit themselves to basic amenities required for survival and don't look for luxuries I think you need to change your narrative.
34  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 22, 2024, 04:13:38 PM
I did my best and somehow convinced them to invest into BTC during 2020 and though they weren't thoroughly convinced but they ended up investing into Bitcoin and my bad luck they witnessed the bear market, balnes me and end up selling it off. I have stopped convincing them rather i do convince my peers and other member my age group. Sometimes it's better to leave them with their traditional investments they don't fit in here.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: PEPE on the way of taking Memecoin crown on: May 21, 2024, 07:12:57 PM
I am not a supporter of pepe coin or any other memecoins but the growth of pepe has been terrific because other memecoins like Shibainu and Doge had the hype from Elon Musk that's when it spiked up crazily but that's not the case with pepe and I wouldn't be surprised if pepe goes on and dethrone shiba inu and doge because they are on standby mode now without any support from EM.
36  Local / India / Re: Since we don't have any traffic here. Why not merge all SA board to one. on: May 21, 2024, 07:00:51 PM
This might prove to be a win-win situation for all but if we think if it's sustainable then no I don't think this would work on long term but for time being for mutual benefits and traffic we can have this approach and see how things work but again the policies on crypto may varies between these three nations and not be same which may create some sort of confusion when it comes to policy and taxation related discussion.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coins are undervalued in 2024? on: May 21, 2024, 06:48:12 PM
There are lot of coins which are undervalued not only in 2024 but throughout last few years and you are right Litecoin is one of them and I was expecting more from Litecoin as that was one of the crypto currency to provide lightening speed transfer at one point of time  and now it's buried, there are other coins like ADA, UTK which I personally felt had potential but couldn't live upto expectations.
38  Other / Politics & Society / Re: I want law and order back on: May 21, 2024, 06:15:44 PM
If you visit any nation as a tourist you will not be able to see the reality of that particular country but year countri s like Canada and UAE are really safe because of their law and order, surveillance but the major factor is officials are not corrupt wherein other countries like some asian and African nations officials and cops takes bribe or they get a shared out of all the robberies these robbers make so they don't get involved. It's decided by so called nice criminals who don't disturb people as per your point of view.

If people in law and order does their job honestly then we will not encounter such issues.
39  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 21, 2024, 05:43:12 PM
To be honest this is the time when traders make most profit as I personally try investing more time into trading because fluctuations allows us to increase the trade frequency and slightly increased the profit margin we set of trading grid wherein sideways market is the worst thing where we don't get much. It's simple during the uncertain market as there would be multiple fluctuations allowing us to increase the total trades. But it doesn't have to be same for everyone as I am sharing my strategy.
40  Economy / Speculation / Re: Is $84k the Peak for Bitcoin? on: May 21, 2024, 05:24:16 PM
No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.
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