That's a great option you have there and when you have multiple sources of income in which you can support your essential needs, it's best to have that total bitcoins salary rather than fiat especially when you want to hold it for the long term because it could even multiple your salaries for sure when you have enough patience to wait. Nevertheless, if you are willing to sacrifice your hard work and save your earnings from it, you better save it in bitcoins because it won't be just secured for you but it has a high chance of multiplying as well.
It would be better if our salary was to invest in Bitcoin, especially during a bearish season like now, of course it would be more profitable to be paid in Bitcoin. However, currently most people still rely on salaries to meet their living needs, and most people still use fiat for transactions, so I think for the situation and conditions in my country, maybe a fiat salary is still feasible, and if there is any left over we can still invest it in Bitcoin easily |
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Bitcoin investment should always be done with security in mind then there will be no reason to be disappointed. Access to the wallet should not be lost at all no one knows when the price of bitcoin will increase if the price increases you will be disappointed. This is why you should try to keep your wallet access safe. Many investors make this mistake, they don't pay attention when the price goes up and they fail because they forget the wallet accesses. For this reason the keys should be kept in such a place that they can be easily found so as not to fall into losses.
Yes security is must because there is no option to get profit from bitcoin once you forget the password or loss your wallet. Some people buy coins but when their value decreases then dont focus on its security therefore when price goes up then they have no access towards their coins as they don't remember the keys of their wallet in which they have keep their coins saved. Try to remember your each password and if you know that your memory is not working properly and you always forget the things then save it else where because saving password at only a single place is full of hazards. Instead of learning about bitcoin investment also learn well about security because it is the most necessary thing in crypto market. how much we have bitcoin and develop it but without neatness in storing security keys, it will be useless. Actually, this is something basic that must be considered at the beginning before investing, but there are people who ignore it, so that they actually experience difficulties behind it. Even though we have kept it neatly, there is one more obstacle, where our heirs must know, but it remains safe as long as we are still alive, because no one knows how old we are. |
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For many people, because of the price of Bitcoin today, and as they see Bitcoin as something that costs thousands of dollars, when they hear that you own a Bitcoin what comes to their minds, or they think of is that you have money, because for the majority of people they don't even know that you can own some fraction of Bitcoin, So you should know that you already at risk of being attacked by this bad guys owing Bitcoin and should avoid any sort of showing off.
The reason for this flaunting of wealth or showing off your Bitcoin is because a lot of us are being moved by what is happening on the social media, and some people who are into Bitcoin or Bitcoin enthusiasts follow suit, forgetting they are holding a valuable asset and money and hence would become an attention for the bad guys.
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Sometimes our hearts are moved to know someone in order to have recognition. Many of us like to show off our wealth so that people will see that we have more value, but apart from the bad people who are targeting us, currently in the country alone there are also tax people who are happy and want to get tribute from the wealth that is displayed. Moreover, Bitcoin is currently an asset that is safe to steal, considering that there is no legal umbrella at this time |
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I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good. can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
If you are truly interested and willing to invest and learn then best not just to ask people here instead you should enroll in some online classes that will provide you coaches , yeah you must pay but you will earn easily and worthful.im not saying that you should not trust people in bitcointalk but there are lot of here that will advise you with no value at all so better seek help from crypto experts. This forum has a lot of good discussions about Bitcoin investment so if a member is interested in knowing about investment then he can definitely learn about investing through this forum. If a topic related to investment or bitcoin is created here, others don't comment there, but not like that, but all the topics created here about bitcoin or investment are well replied. Here the forum members must know about certain things and then someone will tell you but here no comments are made without knowing anything. And you think online classes are good for learning about investing but very few people can do that bad by taking online classes whether it is about investing or anything else. First you have to have your own interest and then you have to keep trying to get a good idea about investing if possible. There is a lot of useful knowledge on the forum for newcomers as well as those who have been participating in the market for a long time. Just spend some time searching and learning, we will have all the necessary knowledge to start our investment journey. Here we can study for free and receive help from many people, why do we have to spend money to register for online learning? Meanwhile, they also teach us knowledge that can be easily found here or on the internet. Knowledge about bitcoin is not too difficult to find, it's just that we are too lazy and just want someone to help us make money quickly. This forum is actually complete, we want to seek any knowledge, as long as we are willing to learn from this forum. starting from trading to investing, from old coins to potential new coins, and after that we can learn to develop ourselves so that we have better knowledge according to our characteristics, so that we will be comfortable in doing business in the crypto world |
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Ethereum, with its innovative smart contracts?
This, Ethereum, is the altcoin that I like the most so far and that I still hold. And also continue to carry out additional accumulations, even if only little by little. Although the portion is of course smaller than that used for Bitcoin, of course. But in this case, a strong enough reason to invest in altcoins is Ethereum. In the past, I was actually interested in BNB. However, if I look at what has happened with Binance recently, I am a little worried. Hopefully it won't have any further impact on BNB. That's the case with me, ethereum seems to have the same characteristics as bitcoin. This altcoin is patented, so there are no worries about long-term investment, and there is already trust from most people. therefore in cryptocurrency, the main choice is bitcoin, and in altcoins, the main choice is ethereum, Even though it has higher network fees, it doesn't dampen trust in it, and of course it is a solid network |
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Usdt suppose to be trustworthy even for me also cause it keep proving its ability since years. Thus they gained our trust and still top three volume gained coin by rank as people prefer usdt trading in all of exchanges. That's why i also mainly use usdt when need among others stablecoins. I don’t think anyone should be worried about freezing or lost capital. but i don't have any problem if anyone choice dai, tusd or usdc over usdt
Even though there are many views about USDT, for me USDT is still worth using. I only use it temporarily as a backup before making an investment. Stable coins provide several advantages, especially for storing funds while waiting for the price to enter the buy area. That's why I've been using USDT from the start until now, and USDT hasn't been separated from the CoinMarketcap board, so I think it's still safe. |
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If you ask me, currently my favorite altcoin is Etny, because I have quite a lot of it, and up to now its development has been able to be swapped to ECDL, and later on November 28th it will be listed on the exchange. many people are waiting for that moment, I hope the listing price doesn't disappoint so I can harvest after so many years of waiting. that's my only hope for the near term, and if it meets expectations, then I will invest some of it in the top 10 coins
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Meme coins are simply meme coins. It all depends on the hype. We can see meme coins that will do 20 times better than DOGE but it all depends on the hype backing it. It is possible that a meme coin that seems like nothing suddenly gains a lot of hype and noise and the next thing it becomes the talk of the town. With this format with which they blow up, you can't really tell if they are good or bad because their value falls back on the hype level. I generally like to advise strong research before getting involved in normal Altcoins let alone meme coins. If you must invest in them, only do it with an amount that you can comfortably risk without FUD.
Since the price of Doge skyrocketed, so many meme coins, there are many risks that we have to face. So far, meme coins have always taken advantage of their hype period to become famous and ultimately skyrocketed in a short time. And herein lies the trap. because usually the price will immediately plunge and will not be able to come back again. And at that moment, many beginners end up trapped in a high buying position and cannot sell again at that price. So, large losses are often experienced here too. It would be better if you avoid meme coins if you don't know how to utilize them Luck seems to play the most important role in investment here, so managing finances is an important key to anticipating risk. Doge is one of the popular coin memes where there is a figure behind it all who is a role model for investors, but behind it all there are also many who suffer because of Doge, where at the beginning they had excessive expectations and didn't want to accept reality and couldn't think logically. so that there is suffering |
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If you are still confused by the various nests that come in so much, you can filter it and research it, but I have concluded that Bitcoin and the top 10 altcoins that I think agree if you want to take the step to invest, because it is no doubt from any point of view. and the most important advice is to avoid investing in new projects that copy current trends
Agree with this. As beginners, it is not recommended to invest in new projects. Never mind new projects, various altcoins are actually high risk, especially since there are so many altcoins that it will definitely make it difficult for beginners to identify them. So usually the top ten is the main choice for them to invest in. In fact, this also does not fully guarantee safety. Just like what happened to Binance, it may have an effect on the price of BNB or not. However, it could be said that the risk of investing in altcoins is much higher than Bitcoin. especially when it comes to new altcoins which only show hype. better avoid it. It would be much better to just focus on BTC actually Indeed, for beginners, it would be better to invest in the safest coins. Bitcoin could be an option, it just requires resilience to hold on so you don't panic in investing. Therefore, good luck until the goal is achieved. On the other hand, don't be greedy in taking profits. I'm sure even beginners will find it easier to do. On the other hand, choosing altcoins will also increase the risk. Therefore, we must know our main goal of investing |
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Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.
It's acknowledging for someone to purchase bitcoin to the right time and most especially the time that is bearish and wait for bullish, sometimes some people doesn't verify or make a research concerning a coin that is good to invest on, instead they invest when market is on positive and secondly some of the coins they invest on, they doesn't really make a proper research to ensure that they have know the rudiments of coin before venturing into the investment, so that is one of the things that contribute for loss in investment even in the trading, before you venture into trading at the person should take a precautions so that they will not be huge experience of loss. The best exchange for trading for the first time, I think we are using the biggest exchange at the moment, this aims to ensure that our funds are safe and of course the charts move according to existing market prices without any manipulation. so that we can carry out the strategy well and we can correct it if an error occurs. Therefore, when trading, you must be patient in the process |
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 I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations. |
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Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?
There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss
I'm using stop loss in my regular trade because definitely it's very important to reduces you losses but i don't follow any traders, i don't want to believe copy trading, So i follow my own strategy in trading. I would suggest to you don't follow paid signals, you will get liquidated end of the day. Just try to trade based on your own strategy. Stoploss is used to anticipate when our analysis is wrong, so it aims to ensure that the losses suffered are not too deep, and also that our strategy can be measured according to the existing portfolio. On the other hand, this can maintain our emotional stability, because psychology is the most important factor in the success of trading. Most trading people only rely on their heart's desires, and cannot see logically |
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Life is hard if you belong from a poor family. If your financial condition isn't good then you suffer a lot to complete your daily needs demand and essential things that you need to leave a good life. That is the right age for financial stability because those children who belong from a poor family they try to do something good at the little age when he understand their financial condition. After trying and doing hard work at the stage some gate success in life fast some good success in life slowly there is no recommended or right age for success.
You talk about feeding yourself and having other bills to pay, and it is becoming more and harder every day. You now need money for nearly everything. Financial status is similar to the final agreement. If that issue worsens, it will negatively impact even your day. I don't believe their is a particular age to be financially free, everyone's destiny is different, personally you don't know when you will be financial okay. All we need to do is keep working hard and making money. because those with low socioeconomic status constantly strive to improve themselves. I believe everyone has different chapters of life. Not everyone will become rich, apart from knowledge and skills, there is also the luck factor, therefore even though our efforts are maximal and we have planned perfectly, the results may not necessarily be as expected. therefore efforts must be balanced with prayer, and of course don't be discouraged for those from poor families, in fact that will shape our mentality, remembering that every business has its ups and downs. |
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I have always known that life is not easy, I work hard every day to make sure that it becomes easy not only for me but for my children.
If only working hard makes a man successful then a day laborer would have been the wealthiest person. You need to work hard but without knowledge you will not be able to amplify your true potential by using your abilities. Knowledge can help you identify the right path and take smart initiative to get things done in a unique way that an average person cannot. That's why we don't see multiple elon Masks and Bill gates at the same time. Their knowledge opened their eyes to opportunities and led them to success. Knowledge is a mandatory thing that must be known before we implement that knowledge. If we walk without a goal, or knowing the way to reach the goal, then the results will not be good. Therefore, many people are disappointed after investing in the crypto world, because all they have in mind are expectations, and they don't have sufficient knowledge. therefore they fall into it because of their own mistakes |
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... #HODLing is not a smooth journey, do you agree?  Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip. Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto. What is your view on #Hodling Guys? sourceThe visual image you provided above actually alludes to how a person's mentality occurs when he holds onto Bitcoin. The price of Bitcoin is of course very volatile, but if you remain patient and wait, the price of Bitcoin will definitely reach a consistently high price, which is why everyone who invests in bitcoin, you must have other income in the real world, don't let it happen because of urgent needs, you sell the bitcoin you have, every investor must have good financial planning. investment is free money that is not used for daily needs, therefore usually the money invested is the remaining money from real income, which is used for investment rather than idle money, and usually investors already have reserve savings for urgent needs. so that they can hold on to the invested coins for years, even as if they don't care about them, and until the time comes, their money has doubled and they can take it. Both trading and investing have their own characteristics, and each has its own risks |
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It's not uncommon to see someone say it's too late, too late, too late to invest in bitcoin.
Then what price do you want to start investing in bitcoin? Is it at $20K, if YES then just wait for the drop, but we don't believe bitcoin will drop again.
You as a student / student do you have additional income, if you only rely on what you have then it will feel heavy investing in bitcoin, because the money is limited maybe your parents still help pay for your school so far.
My advice if you have more savings or other additional income, just invest in bitcoin by means of DCA it will not make it heavy in bitcoin investment.
Yes, I've often heard words like that, but it's not wrong what OP did because for people who are new to BTC, I've also said that, but after digging a little knowledge on this forum and on the internet, I understand a little bit about it. the benefits of investing in BTC and the risks of investing in btc, and I have the conclusion that investing in btc is something that is very risky but in my opinion if I don't invest in btc I have no hope in the future and without the guts we have no potential to gain profit from invest in BTC, and I don't want other people to succeed in investing in BTC in the future, while we just cry because we regret not having the courage to invest in BTC and not profit. Yes, I think the DCA system is very good, but the decision is in OP's hands and only money that is ready to lose is good to invest in BTC. Hope is our only guide to getting a better future. and we must also prepare for this hope with thorough knowledge. it is impossible for us to hope for luck without taking chances which are risky. However, with knowledge, risks can be minimized, thus paving our way to getting lucky later. For now, Bitcoin is still worth investing in, especially since it is still in a bearish season, and opens up the opportunity to soon experience a bullish season in the future |
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Naturally men are more daring to take risks and try out new technologies so it is what is expected. And nothing is wrong with that . I know one or two very strong Bitcoin core developers who are women. And a couple of others who a quietly holding. We still need to do work in getting more women involved in Bitcoin. It is just not good for the community but for the gender as well.
Indeed, it seems that it is in the nature of men to have the courage to take risks for future progress, while women tend to do things that are certain and of course safe. However, in fact, in the current era, there are many women who actually have more knowledge about Bitcoin, but they are more likely to keep quiet. Actually, this is a good opportunity for women, especially for those who are married, of course they can make money at home and can take care of children |
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it's the same with me, where I discovered bitcoin in 2017, and I also come from a simple family, at that time from the proceeds of bitcoin I was able to build a house in 2019, and get married in 2020, and have children in 2021, something that I feel It's impossible to have a house, because it requires quite a lot of money in my opinion, but it's possible thanks to getting to know Bitcoin. Until now, I am still investing a little money to achieve the future, because I am sure that the bullish season will come again later
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It would be very nice if we had a new source of income, especially if we can obtain it regularly so that it can improve our family's economy. congratulations to you and of course you must be able to manage your finances well so that in the future our finances can develop and of course this will make the economy easier in our old age. and don't forget to diversify assets so that in the future we can cover each other's shortcomings
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I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Making decision to invest in altcoins depends on your risk tolerance, investment goals, and time commitment. Altcoins can be more volatile than Bitcoin, experiencing rapid price fluctuations due to market sentiment. While this volatility can offer opportunities for quick profits in short-term trades, it also poses higher risks. If you mean to invest, you better dont go on unestablished altcoins, the risk is to high. but it can be a good option for trading, because the rapid price fluctuations is a big chance to gain profit, if you have the time to actively monitor the market and make informed decisions. Our risk tolerance would determine how much risks we are ready to take investing in a particular project. Those who had been in the market for long now knows how to calculate and make profits from projects even before the project have plan of crashing out. This is a technique we need to learn how long we are meant to hold an altcoins before we sell it and take our profits. We don't have to hold a project for too long if we are in for the profit especially for altcoins projects. In the current situation, it is indeed suitable for making investments, especially for the short term, of course it is easier to make a profit, considering that market conditions are experiencing a small pump. If you want to invest long term, there is nothing wrong with this because in the current situation it is possible that the trend will continue to change where we have the opportunity to get bigger profits, but choosing top altcoins is the key to long term investment. |
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