I think this topic is worth to remind again for many newbies who panic about the current situation where Bitcoin price $30K strong resistance now drop to $24K currently traded. There are many so called expert who always predict Bitcoin price will go to x, the bottom is x etc, also one of them were offer to give his money to everyone if his prediction gone wrong, this strategy is to convince newbies to believe his words. Take look on these so called expert who predict Bitcoin price: 1. The ‘Ultimate’ Bottom?—Major Fund Manager Reveals Shock Bitcoin Price Prediction And Stark Crypto Warning As Ethereum, BNB, XRP, Solana, Cardano And Avalanche Plummet2. Renowned analyst who predicted Bitcoin price top at $69,000, now claims the bottom is at $24,0003. Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level 4. Crypto is dead. Long live crypto5. Long-Time Bitcoin Bear Offers $1,000 To Every Retweeter If His Prediction Of BTC Hitting $10K In 2022 Goes WrongDon't believe of those so called expert predictions since there's no guarantee their words will come true, there's no crystal ball in this world. If they're a time travel who know the correct Bitcoin price in the future, they would shut up and just bought the bottom price, so they can sell at the peak since they're already know it. But, why does they need to told everyone the Bitcoin price will crash to x etc? Because they want to gain popularity if their words are come true. They just randomly guessing the price in hoping they're correct.  Did I scared after looking this chart? No, because if you look at the history, you will see Bitcoin have been survive 3 times about the dump/crash.  The first is on 2017 and 2018, where the peak is $19K and the bottom is $3K (84% change)The second is on 2019 and 2020, where the peak is $11K and the bottom is $5K (54% change)The third is on 2021, where the peak is $60K and the bottom is $30K (50% change)Now we're previously at the peak $69K and currently the bottom is $24K (65% change) is still not beat the 2017 and 2018 history where the change is 84%, why would we panic and not trust Bitcoin anymore? Think about it. If you still keep thinking Bitcoin will dead, do you forget all the adoption from any institutional, government, and foremost the countries who accept it as a legal tender. Not to mention Bitcoin already improve a lot of the development e.g. Lightning network to solve the scalability issues, using for friendly energy for mining, hash rate & difficulty increase to prevent from 51% attack etc. Bitcoin right now is more scarcer since it's already mined 19Million Bitcoin, only 2Million left. We're already close Bitcoin will be accepted in entire countries due to it's value and become a currency since the price will be more steady. This is the reason why I AM HODLING. Don't predict the bottom, just do Dollar Cost Averaging or Averaging down to accumulate more Bitcoin. We're as a Bitcoin enthusiast are looking for long term, not short term or instant profit by pump & dump of shitcoins. Also there's nothing wrong to diversify your investment, but make sure you're diversify to other assets/commodities e.g. gold, silver, bonds, real estate etc, never diversify to shitcoins since it's worst than Bitcoin. How would newbies still able to manage if bitcoin price even drops into $10k below? I guess they will probably think that crypto is certainly over and that there's no way it will recover. Then they will panic more, much more than we thought. And this is all because they enter the market without good preparation and good understanding on the market as well. They never realize that bitcoin is a long term investment and that price fluctuations should not bother them personally as they would not also be selling in times of losses. Instead, they should stay patient and focus on long term hodling as it would be the best key for now to avoid huge loss. |
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Hello there, I'm not the kind of guy who bothers about its price and any predictions that pop-up, because I haven't let the downtrend affect me. I'm planning to accumulate as much Bitcoin as I can and hold it for a long period. However, an article was trending on my news feed and decided to check it out. According to the article, Bitcoin was supposedly capable of avoiding inflation, although, it seems to have been severely affected by it. The change in risk appetite, the tightening of monetary policies and the withdrawal of liquidity from the markets and, finally, the rapid rise in inflation show that the cryptocurrency market has been severely impacted.  George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery. Source: https://www.euro2day.gr/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.htmlTranslated to English: https://www-euro2day-gr.translate.goog/investments/crypto/article/2136805/h-tehnikh-analysh-deihnei-nea-ptosh-toy-bitcoin-to.html?_x_tr_sl=en&_x_tr_tl=el&_x_tr_hl=el&_x_tr_pto=wapp Bitcoin will always expect to dump more as long as bearish season is here. So crashing between $20k-$23k is not surprising as it could even fall below than that if possible. Bitcoin once fall into $3k and yet it recovers, so there is nothing new like this. Whatever the specific reason according to OP, but as long as the market remains having a crypto winter, there will always be price drops not only for bitcoin, but the whole market is in blood. |
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^^ I think it will back fire on Crawford if this fight will break down just because he wants more or at least 50/50. He is a good fighter no doubt, but his PPV numbers are not that good compare to Spence and he should accept that fact.
So we can say that Spence is the A-sde and could be dictating the terms. But that should be fine with Crawford. What is foremost is that this fight is going to be made without any manager excuses on the side of Crawford. Because that has been the sticking point ever since, Bob Arum doesn't want to deal or wont allow Crawford face a PBC fighter. That is eliminate since he is managing his own career now.
Spence has nothing to lose if Crawford will choose not to make this fight happen, both are still undefeated but based on the number of belts, Spence has an edge and most of his opponents are quality opponents compared to Crawford. He should not be greedy here, be smart and take the chance even if he only gets 40% of the total purse or revenue. |
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Poole
This guy contributed a lot and he's always like the highlight in shooting. Not gonna argue with other good shooters from the Warriors but sure Poole really stepped up on this finals. Well done to all, to the players that have been part of this championship again by the Warriors. All of them did well. Now, another exciting part is going to come to the NBA and that's the roster shuffle and players jumping from their current team to another and some exclusive contracts. I hope the key players of the Warriors will remain, Poole deserved to have a high salary as his impact int he playoffs was really huge. Poole only received $2,161,440 in 2021-2022, his salary is even lower than Kuminga, but I think if his contract will expire, he will be offered with a better contract. source : https://hoopshype.com/salaries/golden_state_warriors/ |
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My pick for tonight.
Boston Celtics vs Golden State Warriors(+1,5) = First Quarter 1,85 odds
That's my bet tonight. I think Golden State will start well in the first quarter. Also I think they will be champions tonight.
My bet won. It was certain for me that Golden State would be champions. Golden State won the championship. Stephen Curry was the Finals MVP. Stephen Curry became champion for the 4th time. He is tied with Lebron with the total number of championships win, but Lebron is already slowing down while Curry has regained the Warriors' form and they are a scary team in the next season. Just imagine if they have a healthy Wiseman, they will surely be almost unbeatable because they have no size weakness anymore. |
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I looked at the OP's post, the odds of the Warriors that time was; 4- Warriors >8.50 Whoever won that kind of odds is a lucky better, congratulations to you, you also deserve to celebrate because you trusted the Warriors when they were not the favorite to win the championship. |
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Nice game between the SMB and Magnolia now. I took the SMB when they were down and I got them on ML. It's still a close game now, both teams are just trading baskets and it doesn't matter if it will end up a close game as long as SMB wins.  Both are good teams, of course, we will see a great matchup. James Laput is currently guarding Fajardo, it's a big task for him because Fajardo is the best big man in the PBA now, so let's see how this game will end up, still a very close game. Fajardo is still unstoppable inside although he is not back to his MVP form yet. I'm also watching this game live through facebook channel, and Laput has already been fouled out in the game. Less than 2 minutes left and SMB has a decent lead already, if it goes 11+ points, I would win my bet. |
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Since its creation Bitcoin has experienced a total of 3 "bear seasons" and we are in season 4 right now. The most recent bear season happened in 2018-2020, At the end of 2017, the Bitcoin craze was because by the panicking of the investors. In 2017 Bitcoin gained $20K value from $1K.Then it dumped of a sudden more than 80% and dropped the value near around $3k within Q4 of 2018, resulting in the total cryptocurrency market cap falling by more than 80%. After the halving year 2020, we go through the highest bull season max x20.8 times increased, and we acquired the height value of around $67K within Q4 of 2021. Currently, bitcoin is trading at $23.44k. Where will bitcoin's final bottom level be during this bear season and what will be bitcoin's new ATH level in the next bull season? Your input will be greatly appreciated.  We all know that bitcoin will drop its price more in the next couple of days but sadly, we can't predict correctly what will be its bottom price level and when will it happen. The reason why we need to do DCA this time so we can still maximize our purchase despite of its uncertain price drops. Because after this, bitcoin will gradually recovers just like what happened before. Bitcoin will boost its momentum and finally reach its new ATH. |
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Let me share you a story.
A certain man all his life while working never thought he was going buy a car he could call his own, then one day fortunate smiles at him and he was able to buy his first ever car. Filled with immeasurable joy he drove the car to his work place the next day. At the close of work that very day he walked out of his office forgotten he came with a car of his, stopped a cab (public transport) and boarded home.
On reaching home, his wife astonished seeing her husband from afar, someone who left home to the office in his new car is coming back home using a public transport instead of his new car.
There and then she asked him, what happened to your car?
Diverting this story a bitcoiners' life. We would find out that many butcoiners today have lost some good asset of theirs as a result of this kind of scenario in the story above.
You hear people crying that they have forgotten, lost or misplaced their wallet phrase/seeds or even their password. Some of these stories may not be unconnected to the case of this story above. Mind you it wasn't because the man in question was careless, unserious, or perhaps whatever words that you feel could fit in for the situation. But probably because he never imagined in his lifetime that he could own a car and as such the reality never connected or linked with him even when he got his own car. Same with some butcoiners who never imagined they could make or achieve certain assets and being overwhelmed by it they loss connect (psychologically) to access to that asset consciously or unconsciously.
DEVELOP A DIFFERENT MINDSET:
Today, let everyone out there who's still working hard and investing hard, haven come across this story, take a decision to have a change of mindset, a millionaire/billionaire mindset so when things starts pumping better and higher increasingly in figures you wouldn't be overwhelmed cause already the millionaire/billionaire mindset was already there before the reality emerged. cause in Bitcoin anything good can happen.
Think about it my friend. Just think about it!
I think all of us have big dreams but not all of us are capable enough to realize them. Not because we have less skills and knowledge, but because our mindset is not focused to it. So i think the lesson you want to impart OP is set your mindset first and dream high as much as you can so that if big opportunities knock on your door, you are always ready to grab that big opportunity and go straight forward to achieve your goal. |
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Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
Bitcoin price won't always stay on top, it falls down particularly when a bear season hits the market, or when negative news influenced bitcoin. So expect that its value will always on the move. And once bitcoin experience dips, its even the best time to buy a lot of it as its certainly a big opportunity to maximize your portfolio with bitcoin. If you believe in bitcoin, you should never doubt how low its price will fall, because apparently bitcoin never stay forever dumping, it always moves up and boost again its price. |
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Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
If your mind capacity is only limited into this current big crash, then do not expect that you will go a long way in your crypto investments. Yes, we are currently having winter these days but it does not mean that crypto is over, its always a great start to buy all over again and hold them for future profits. Let others say what they want to say, but never follow them. Now is the best time for accumulation, even if we don't know when will it lasts. |
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DeFi or decentralized finance can threaten the world of traditional banking, because of the shift in lending, even DeFi itself is known to be able to provide loans like other traditional banks.
This can affect existing traditional banks, because there will be competition between traditional banks and crypto in general, regardless of the various problems that will occur, crypto and traditional banks must be able to adapt to each other.
Crypto development is progressing so rapidly, this can be seen from the many users who join here, if Traditional Banks close themselves it is not impossible to be abandoned in the next few years.
Although currently crypto is still very risky, it is not impossible that in the future crypto can change finances, just need to wait for regulations or legal regulations, if this happens, it is certain that crypto will grow and be accepted by many people.
I don't have doubts that crypto will continue to progress every year but i don't see it that traditional banks are nearly closing because of crypto. That will never happen as long as the government chose to support traditional banks. However, i always have high hopes that banks will come to adopt and integrate crypto into their bank's transactions. Instead of being one sided, its always better for them both to adapt with each other because that will be the only way that they can continue giving maximum services to the people. |
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The real purpose of backwards glancing eye is to educate yourself constantly - looking at the past helps to learn from those who came before you,since they are personal experience,this is the most vital school one can learn from.
Examining from the mistakes made in the past, the ones that have grievously held you back, share your experience,a newbie or anyone an analyze and extract a lesson.
What has been your greatest challenge on Bitcointalk? And how did you go about it ?
I think my biggest challenge here in bitcointalk is to be always part of a good campaign that sees my efforts which also means a consistent decent income on my part. Although we can't say that this is stable, but learning and earning at the same time is already an advantage. And i'd say thanks to the early adopters here as they are my models, and i've learned a lot from them. And until now, i'm still learning from others, and i think they also learned from me. For me, its indeed my everyday challenge that keeps me always alive in the forum. |
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<<<<....>>>> I like to see him continue his impressive performance in game 6, and how much more if Curry will not struggle anymore.
This series will be over if Curry will score 40 points again. Warriors have different players who can step up, while for the Celtics, it's only Tatum who is a bit consistent because Brown is already limited with the great defense Draymond Green put on him. I know Smart is also good, but he is not consistent, so I don't expect him to be a big contributor. It's a road game and Curry might explode again. It seems that great players wanted to show how good they are in the road, like the last time wherein Curry had 40 plus. But Wiggins and Klay should also step up to help Steph. As for the defense, Green is trying to held himself, against Smart and the rest of the Warriors, like Horford and Williams. But Looney and the surprised starter Otto Porter is also helping him out. Curry has better performance at home compared to the road, well that 43 points of him in game 4 was just exceptional, but I don't think he will ever achieve that number as for sure the defense of the Celtics will still be focused on him. Ever wondering why Curry was scoreless in 3 point area last game, that's because he gets double every time he gets the ball, and smart was focused on Curry alone in that game. |
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<<<<....>>>> I like to see him continue his impressive performance in game 6, and how much more if Curry will not struggle anymore.
This series will be over if Curry will score 40 points again. Warriors have different players who can step up, while for the Celtics, it's only Tatum who is a bit consistent because Brown is already limited with the great defense Draymond Green put on him. I know Smart is also good, but he is not consistent, so I don't expect him to be a big contributor. |
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When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Just expect that the government will never support you as long as projects remain to be decentralized and unregulated. Its always a threat for them. However, if you are focused and more determined to get successful with bitcoin, then never rely on others or any group for permission. The power is in you. You know how risky the crypto market is, but if you always invest in potential projects and in those that have high utility cases, the community's demand will always be there. And that makes the project, regardless if its decentralized, will always have higher chances to succeed. |
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Rober Kiyosaki[1], a person popular in the network marketing industry and founder of Rich Global and Rich Dad Company[2] stated that the best time to get rich is to get in during the market crash. He stated that if the Bitcoin market continues to plunge, he is ready to get in and start buying. His entry window is when BTC touches $20k[3] “BITCOIN CRASHING. Great news,” he tweeted recently. “I am waiting for Bitcoin to crash to 20k. Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are the best times to get rich.” He also states that "Bitcoin is the future of money" and thinks that the bottom of this current bull trend would be below $11k. Read more here: Having an optimist view despite the recent Bear trend and crashes is one of the better traits traders should have. We have known Bitcoin to have the ability to rebound and yet many had been pessimists and lots lose hope. We should look at this bear market in a different view rather than Bitcoin being Doom and as a matter of fact, many known billionaires gain lots of profit by investing in a crashing company or stocks but have been proven to recover. So what do you think about Kiyosaki's point of view, is it possible that "crashes are the best time to get rich"?
[1] https://en.wikipedia.org/wiki/Robert_Kiyosaki[2] https://en.wikipedia.org/wiki/Rich_Dad[3] https://finance.yahoo.com/news/crashes-best-times-rich-why-120000932.html In the crypto market, it's always the crash that creates a lot of opportunities to get rich in the future. Wise investors are doing this, the reason why they can maximize their profits when the market turns into bullish because they always make sure to never miss single opportunity brought by bear market. I just hope that those newbies with weak hands will realize this, so they won't easily get panic when the prices are crashing that resort into wrong decision making. |
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Jordan Wiggins the young star player in the golden state warriors he doing so great that can carry his team to victory and best player of the game.
LOL, looks like you combine the two good players of the Warriors roster. It's actually, Jordan Poole and Andrew Wiggins. Anyway, both of them did great, especially Wiggings who are the best player in the game. Maybe he just forgot to put a comma next to Jordan, just kidding! Both of them made sure to give their best to contribute to the team, it's just that Wiggins is more gifted in size that's why he can go against Tatum, Williams III and Horford. The kid have a bright future and he will be given more exposure to enhance his skills in the court, Green is getting older that's why the Warriors needs to invest in young good players in the center. Well, they managed to win the Game 5 and 1 win remaining to claim the title. Wiggins has been consistent in the Finals, but he has a breakout game when it's needed the most and he gave the Warriors a lead in the series. Great game 5 by the Warriors and I have a feeling that Klay will explode in game 6. Game 4 - Curry Game 5 - Wiggings Game 6- Klay (That's his game) |
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Investment is a game of knowledge the less you know the less the pay the more you know the more the pay. When it comes to what comes first in crypto investment i tell my friends it is knowledge,When good foundation and well structured knowledge meets the market structure and trends losses are reduced to the minimal. Good knowledge attracts investors and once trust is established it grows into a mega establishment. The trend is no respecter of any analyst or speculator. Get the skill and save the bill
In the hierarchy of investment assets comes second. Because if an investor refuse to pay to learn, They have no choice but to pay to the trend. If you are not learning to earn, you will learn to learn.
Wise investors are more knowledgeable and more skilled on their chosen investments, that way they can feel more secured that there is a brighter future for their investments waiting ahead. However, if you just invest because others are hyping it and you only follow what they say, that's not being knowledgeable, but being stupid. So if you want to succeed in any type of investments, acquire knowledge first and develop your own strategies. That is the very basic strategy so you can maximize your profits even in not so profitable coins. |
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What are your goals when investing in new coins? Did you get a huge profit from the new coins? Can you recommend a new coin worth investing besides LUNA?
New projects most likely end up in scams so they don't make you profitable at all, but only gives you a lot of headaches. The reason why it's best to stay away from those new and hype projects as they are not secured and won't never survive in the market for long. Focus on bitcoin and some old but established altcoins as they have proven their worth and are consistent in making us profitable. |
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