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June 05, 2024, 04:28:52 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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21  Economy / Trading Discussion / Re: Day trading or Long term on: March 21, 2024, 09:39:53 PM
Anything about crypto is risk is just you to get the analysis on how to minimize your risk so that you won't be losing anytime, trading is very good because he brings funds when you are lucky and get knowledge on it because sometimes even if you understand everything about trading when you are not lucky you will still be losing, that is why I have not engaged myself very well in trading because I have not gotten enough knowledge that I need to start trading am just learning it gradually, am just focusing on long term investment because that is the only why I think that will minimise my risk very well, without losing many money and you most profitable on it if is long term.

You did the right thing in my opinion that you didn't get engaged with trading that much when you didn't have enough knowledge about it. Most people don't care about this thing but it is a mistake, one shouldn't get into trading if they don't have enough knowledge about it because that would only make them lose their money in the long run how can you sustain an activity that you know nothing about?
People who don't know much but still want to earn profit should make investments in cryptocurrencies such as Bitcoin because you don't need to do much analysis or anything to do that.
22  Economy / Trading Discussion / Re: advice for a beginner on: March 21, 2024, 09:12:52 PM
Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

Hi.
You are not doing it in the right way. You were not supposed to start trading first and then try to learn whole doing that because the first step should be learning. You joined a month ago, and you have started trading already, which means that you didn't focus on learning at all because as far as I know, one cannot learn everything in a month and become able to make trades after it.

What you need to do is stop trading for now, keep watching videos and reading from resources around the internet to make your base strong, then get into technical stuff, and once you have learned everything, practice it with a demo account somewhere to see if you have learned everything and remember it all. If you see good progress, then you can start making trades again.

Good luck, and your English is fine, don't worry about that.  Smiley
23  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: March 21, 2024, 08:49:36 PM
I think that bitcoin prices won't even reach this level of 40,000$ again, not even in the next bear market.

I don't think so, to be honest. Bear markets can be very brutal by nature, you never know how much the market might crash when the bear market is here and no matter how high the prices might go in during the bull run, it can still go back to those levels once we are done with it. No one must have thought that Bitcoin would go back to $16k last time when it touched $69k but it did.
So even if Bitcoin goes above $100k in the bull run, it will always have the possibility to going back to $40k or even lower than that in the bear market and the lower it goes, the higher opportunities it will bring for us buyers.
24  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: March 21, 2024, 07:57:42 PM
With less than a month to go until the halving it seems like Bitcoin is ready to make another push upwards in an attempt to get to $100K before then.  I have my fingers crossed, but am prepared to continue on with this challenge for longer than that if necessary.  It's become pretty easy for me to get through the push-ups, but my lingering elbow pain is still there and more present now that I'm doing sets of 50 every now and again.  I'm sure a couple days off would make a world of difference pain wise for me, but that's what makes it a challenge.  On days like yesterday when I'm doing a lot of manual labor it would be very easy for me to skip a day, but I'm proud to report that I have done 100 push-ups per day every day going on 49 days now. The consistency is the hard part.

I would give you credit for your consistency before I say anything else. I don't think someone would continue doing 100 push-ups every day if they have pain in the elbow or around any area that takes the load when doing the exercise. However, if you are continuously doing that while having pain, that's commendable.
I would suggest that you split the 100 into sets of 20 or maybe 25 and do it 4 times a day to avoid putting too much burden on your elbow, this will ease the pain while you can keep your consistency intact.
25  Bitcoin / Bitcoin Discussion / Re: Ripple Is biggest Enemy of Bitcoin on: March 21, 2024, 07:33:00 PM
Do you think that such things can stop Bitcoin and make Ripple take its place? That is never going to happen, no matter how hard they try.

When Bitcoin was starting to gain traction, people started to know about it and it was becoming popular, news outlets and global media tried their best to make it look negative so that people stop adopting and using it, but guess what? They failed miserably, and all that is still happening on a larger scale and every single entity or individual trying to defame Bitcoin and show it in a bad light is seeing no positive result.

The truth is, Bitcoin is passed all those things and it has now become way stronger than they think, so they can't break it anymore.
26  Bitcoin / Bitcoin Discussion / Re: How old would you be by 2140? on: March 21, 2024, 06:54:30 PM
BTC will be fully in existence and all mining activities will have to cease at the time.

How would the network work and transactions get confirmed if there is no mining activity at all? So unless the Bitcoin blockchain's consensus mechanism is changed from PoW to something else, mining has to continue for as long as Bitcoin exists.

* how old would you be by 2140?

I will be over 140 years old if I manage to play tricks with death and avoid dying or simply find the fountain of life and drink the water and stay young and alive forever, but the odds for that are extremely tiny. So I'll probably be long dead by then.

* What's your excuse for not investing in owning Bitcoin now?

No excuse at all, I do own some of it and I will buy more when I'll feel the time is right.
27  Economy / Gambling discussion / Re: FREE CONTEST 🏏 | IPL 2024 AND DISCUSSION | EARN REWARDS on: March 21, 2024, 01:59:33 AM
Thanks Gladitorcomeback for bringing another contest and this one is super mega event in the cricket history. I think bigger than World cup with so much fun and we will see all players from the world except Pakistani. I hope this problem will be also solve in near future.

I am predicting here for one time prediction.

Who will win the final: Chennai Super Kings
 Who will score high runs throughout the tournament: Virat Kohli
 Who will pick more wickets throughout the tournament: Muhammad Shami
Who will hit more sixes throughout the tournament: Rohit Sharma
28  Economy / Gambling discussion / Re: 🏏FREE CONTEST 🏏 | PAKISTAN PREMIER LEAGUE 2024 AND DISCUSSION | on: March 21, 2024, 01:55:04 AM
Thanks and appreciate you work dear Gladitorcomeback, no hurry at all, you can do it in free time. I checked spreadsheet and realized that first 10 match points has been updated and also one time prediction also updated. If you update daily 10 matches than you will final the results in 2 days or you can update daily 7 then in theee days you will finalize the results. I checked that you have another contest for IPl, I am going to participate there also and hoping that I won the PSL rewards. If you need any help, we ar here to support you.
29  Local / Other languages/locations / Re: Pakistan on: March 21, 2024, 01:50:12 AM
[
Farhan bahi Janie dy guess ko ap bhot zayada price dump nhi kar rahy hahah , wase Bhai ap ke bat b thik thy Bitcoin Kal 59  tak chal gaya tha 5 ke lead ko to touch kar he Aya tha wase mujy toumeed hai k ab ye 80 le resistance ko jy ga ye dump asal me pump ka signal tha aur ye ana he ana tha .

Aur professional trader is dump ke assa me thy k ye dump ab dump to dekh Leye hai b pump dekhty hai Kitna ata hai . Bitcoin jetna sapidda Sy oper Aya tha wase he down Aya hai aur ab nhi down jy ga mujy nhi lagta .

Halving pass hai aur aur Bitcoin NY ye jattka dena he dena tha  k ab bass hold Sabar  umeed hai Bitcoin jaldi he apni price ko cover kar lay.

Brother, sirf Farhan bhai nhi or bi bht sary analysts yehi kah rehe thay k Bitcoin $50K tak drop ho ga mgr mujhy kafi hud tak yakeen tha k koi bi positive development hoi toh Bitcoin dobara $70K ki trf apna journey shoro ker dega. FOMC ki meeting mein kal interest rate ko un-changed rekhny k decision ne sub Financial markets pe positive aser dala or es waqt Bitcoin $68K se oper trade ho raha ha or aany waly dino mein Insha Allah mazeed izafa ho ga. DYOR

Just you says aj subha se market belkel Green dekhai de raha ha. Jo btc kal doobne lag raha tha aur sab k zehen ma tha k btc war gia, us btc ne shandar comeback kia aur 68k dobara aa gia ha. Ab jis waqt ma post kar raha ho tho us waqt price 68k se neeche aae ha aur abe 67700$ par trade ho rahe ha. Es waja se altcoins ma be ache behteri dekhne ko mele jaise k ap solona ko dekh ke jo 170$ par aaya tha ab wo dobara double century karne chala ha aur es waqt 192$ apr trade ho raha ha. Ethereum be 3100$ se 3500$ aa gia dobara. Ab bath ha stability kio, agar btc yaha par stable hotha tho hame altcoins ma ache behteri mel sakte ha. Ma be ap k sath agree hoo k 70k se btc opar ia sakta ha agar koi bad news nahe aae en chand dino ma.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoin hype getting higher on: March 21, 2024, 12:13:24 AM
It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

Potential for higher returns means potential for higher risk as well, so if meme coins can provide great returns, they also can make someone lose all the money they are investing in them. This is why meme coin investors should never invest a lot of money in meme coins because they can lose it all if the meme coins they have invested in don't gain any value.
I barely invest in meme coins just because of this fear, otherwise, I also understand that I can get great returns if I invest in them because they tend to gain good value if they receive a lot of hype from investors.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in a newly project is worth it or not ? on: March 20, 2024, 11:47:25 PM
If you want to participate in the initial sales, if I think it's better if I don't participate. To avoid spending cash capital, you can use other ways to get those coins, such as participating in bounty campaigns and airdrops if the developer puts out that event

I think this is a better option if developers put out such event. In this case you have less thing to lose if the project ends up to be a scam. All you can lose is your time and data. And if it's goes well too, then a big win for you. If such event isn't available and you definitely want to be part of the project. Just buy little amount that won't pain you if the project ends up to be a scam .

A lot of people participate in a lot of bounties, airdrops, and other events that can provide them with free tokens and coins, most of these tokens and coins end up not making it into the market, some do make it but barely gain any value and die off soon after they get listed, and only a few of these projects manage to gain some value over time because they are good projects.

One should do their research and check a project before they participate in their events because why would you want to waste so much of your time and efforts promoting a project that wouldn't even give you anything valuable in return?
32  Other / Beginners & Help / Re: A curious Newbie!! on: March 20, 2024, 11:27:10 PM
Merits are received from other forum members although there is a criteria for each forum member before they will send a merit. Many forum members that are merited is that they post good/high quality posts or constructive posts. If you do all that then you'll get your merits to that ssme amount on the forum member's profile that you have seen here in the forum. Everyone can do it as long as they did what is needed in order to receive merit. I started from 0 merit until I reached 600+.

I think not everyone can be able to achieve that much, even if they do, it would take them a very long time. The main reason for this is that most newbies are too focused on earning merits instead of trying to learn and improve because they don't understand that they will start earning merits if they improve themselves and the ways they write posts or generally behave in the forum.
So the first thing newbies need to learn is that they aren't supposed to chase the ranks in this forum but they need to learn more about cryptocurrencies and this forum so that they can engage in different discussions and eventually start gaining ranks.
33  Other / Beginners & Help / Re: Develop to maintain your bitcoin holding anonymously to the core. on: March 20, 2024, 10:48:09 PM
It's not only about seed phrases or other sensitive information but one shouldn't even share how much Bitcoin or any other asset they hold because these things are private and should be kept as a secret. You don't need to disclose your finances and financial holdings to anyone because as you said, not everyone you have in your life or around you is genuine with you and cares for you.
A lot of people would envy you if you tell them how much money you have in cryptocurrencies, some might even try to steal your funds, do any evil thing to access your funds, etc.
34  Economy / Trading Discussion / Re: Success is a meaningless word without failure. on: March 20, 2024, 10:24:56 PM
You are right, the success that is achieved without any failures might be good, but the success that is achieved after so many failures and failed attempts gives you a different feeling, you feel proud of yourself that you have overcome all the hurdles and everything and finally achieved what you were working hard for.
When it comes to trading, it is not possible for anyone to not face failure in the initial stage when they start their journey, even those who are currently experts of the market must have faced the same situations in the beginning, but they never gave up but kept improving and look at where they have reached today.
35  Economy / Trading Discussion / Re: Why people mostly fail in trading on: March 20, 2024, 09:52:15 PM
Better to understand the concept and learn more about possible strategy to use, there are many available information that you can use to increase your knowledge, just need to be more keen and always be available to adjust.

Most people who get into trading are in a rush to make money. They are always misguided and have a misconception about the cryptocurrency market because they think it is very easy to earn money from here. In contrast, the reality is different and one requires extensive knowledge and understanding about the market and different trading practices to be able to earn money from the market.
People who manage to gain enough knowledge beforehand barely face any issues when they start trading because they don't rush it and take it slow and easy which is how it should be taken in the first place.
36  Economy / Speculation / Re: You have a better chance with Bitcoin now than the next minute! on: March 20, 2024, 09:23:16 PM
That's the basic theory behind Bitcoin as we know it. People who were around when Bitcoin was priced at $1 didn't know it was going to be valued at $73k (current all-time high) and the reason for that is because they didn't see it performing, but now that we have seen it performing for so many years, we know that it has got the potential to outperform its performance after each passing cycle.

You are right that someone not buying today will not get the same price tomorrow, and by tomorrow I mean the future and not the literal tomorrow. So those who plan to make long-term investments should do it but only after having a brief look at the history.
37  Economy / Speculation / Re: Bothered about every DIP? It's just a mental check. on: March 20, 2024, 08:54:15 PM
What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k?
If you're too bothered about this, then you're probably a trader and haven't been long in the system.

This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.

Don't loose sight, keep stacking.

My reaction was normal because, to be honest, I wasn't expecting Bitcoin to rally towards $100k straight because that doesn't happen, there had to be a correction in between, and as soon as the price started dropping after reaching $73k, I knew it's time for the correction though I wasn't sure how deep it can be, and to my surprise again, it didn't dip that much because I was expecting the price of Bitcoin to go below $60k at least.
However, I was never worried or will ever be about short term corrections and dips because I know Bitcoin has got the potential to recover from any of such corrections and dips and even crashes.
38  Bitcoin / Bitcoin Discussion / Re: Minimalism in Bitcoin would slow your accumulation process on: March 20, 2024, 08:26:38 PM
It doesn’t matter whether the market is bearish or bullish. If you keep on accumulating the coins irrespective of the price, then after next halving you will definitely see tons of profits. This is already witnessed by many long term traders along with me, when Bitcoins recently crossed 73k USD. Hence, we just need to keep ourselves calm and composed. We need not have to greed, just follow the basics of accumulating the coin, and we will definitely get the profits.

Well, that is at least what we expect because Bitcoin has proved itself worthy of being trusted so far. After all, after every cycle, the end price tends to be higher than the previous which is known as the all-time high. So you are right that one can expect some profit if they buy at any price point if they are doing it for the long term.
However, none of this is guaranteed, we don't know the future and don't know what might happen in the next cycle, all we do is make predictions and have expectations and everything else is a hidden game that only reveals once it is time.
39  Bitcoin / Bitcoin Discussion / Re: The impact of Bitcoin ETF on Bitcoin and the cryptocurrency market! on: March 20, 2024, 07:22:01 PM
In short, the launch of Bitcoin ETFs I think brings a lot of positive things and opportunities to many people. This can be considered a period of transferring humanity's wealth, opening a new era for all of us. Let's find out and seize this opportunity!

Well, the best thing about ETFs and it is one of the most positive things it has done for the industry is that it has greatly boosted the adoption. Due to ETFs, people who were always afraid of investing in Bitcoin will now be able to do that through ETFs because a lot of people don't trust cryptocurrencies in general even if they find them fascinating and want to invest in them, now they have got an opportunity to do that through ETFs having more trust on them.
Though ETFs don't promote decentralization, but if some people believe more in centralized entities than decentralized ones, they should now be able to make their investments without worrying about anything.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coins are advantageous to invest in now on: March 20, 2024, 12:00:04 AM
Currently bitcoin price is dumping, so all other good alt coin prices are starting to drop along with bitcoin, this can be a good opportunity to invest, you just wait a bit more for the price to drop. When the price drops you will no doubt have ETH, BNB, SOL, plus many better alt coins that you can invest in.

I was thinking of the same thing. The market is dipping at the moment, and we don't know where it will go. So it is probably better for altcoin investors to hold their horses for now and wait for a few days to see how deep the correction will go because altcoins tend to lose value very fast, so if someone invests in altcoins right now and then Bitcoin drops more value, they will lose a lot of value with it.
This is why, I would suggest that people either do DCA, or wait for a few days to see where the market ends up at and then they should decide which cryptocurrencies they should invest in.
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