Simply slowly but surely put money in, regardless if price is going down or up. Take note that it's an "investment", there's a chance that you'd be down in terms of paper profits in months to a few years. The goal is to be in the positive after a couple of years. https://dcabtc.com/ |
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Maybe dumb question, but can someone explain my how username change helps in terms of privacy?
Because once you're on internet, you stuck here forever. You can change username, delete posts and so on, but all your data will stay. Like for example quotes of old your posts where your previous username is quoted. Or various scrappers and archives
Obviously it wouldn't delete your past history, but it would at least make it significantly harder to know your identity in the surface level. e.g. JohnSmith123 vs JS69 |
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So, what do you prefer, to sell your coins instantly for less or to open an order and profit a slight better margin, reaching the general market's prices rates?
It just totally depends how soon I want to get out of my position. When selling majors(BTC, ETH), I mostly just put in sell offers. When selling low caps with low liquidity, I mostly just slowly but surely put in sell offers as to not fill the orderbook with a scary huge sell order. On the other hand, if I see bad news and the market barely reacted yet, I just market sell. |
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We just had like 10 days of up market then suddenly people are this bullish already. Probably calm down a bit with the over-bullishness lmao.
Imo, OP is being bullish at the right time. There is a bullish divergence on weekly, we can pump to 20k+ in just one good trading week. Also, I saw overly positive funding on bybit a few days ago (at 16.5k) which was quite surprising but maybe that was the secret smart market makers accumulating serious longs at the bottom since the price only went up after that. There is something cooking inside for sure.
Ref: https://i.imgur.com/yMKijkS.jpgI mean, I feel slightly more bullish than normal as well, but I'm still very skeptical. On the other hand, over optimism can end very badly when making decisions off being overly bullish. |
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LOL! What does age have to do with investing in bitcoin? You only need money to invest. And usually young people have less money and less patience than older people, so the older you get the better you'll become at investments not the other way around.
I mean, age is indeed a factor when investing in general. If you're closer to death then risking money onto a volatile asset such as bitcoin might not make that much sense. On the other hand? 28? Lol. OP has a pretty long runway unless he/she isn't taking care of him/herself. |
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Just a heads up: There's a chance that some people might've requested a username change for privacy purposes, and such threads kind of defeats the purpose of the name change.
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you know your at the bottom when you suggest price will Not move more then 15% up for the next 4-6 months, and some how your labeled as a "over-bullish".
hahaha exactly. I was very confused how they took my post as being about bullishness lol. " the bottom is almost certainly in and there is a good chance Bitcoin will start rising out of this bottom range in a few months." That is almost certainly(though debatably) overly bullish in this current market condition; and no, a sideways chop definitely doesn't mean we're at a market bottom lol. |
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We just had like 10 days of up market then suddenly people are this bullish already. Probably calm down a bit with the over-bullishness lmao.  |
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You'd expect that a person as wealthy as him would be a lot smarter than this. What did he expect? That $TSLA will just continue to skyrocket forever despite it being totally overvalued by multiples? Not to mention that Elon was and has always been totally allowed to sell his shares. The way he describes it is that Elon did an exit scam lmao.
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Let's make a pessimistic assumption that you're going to die at an age between 50-60. Do you think you would make money with bitcoin by holding for 22-32 years? If yes, buy bitcoin. If not, don't buy bitcoin. Simple.
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I really hate being a total utter killjoy and while I'd really love bitcoin to go on a bull market already, are we really getting bullish over this, this soon?  Like come on. |
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You're pretty much talking about conversing with people on the internet in general, mostly social media platforms. Bitcointalk isn't anything special. If anything, Bitcointalk is far less lax because you have benefit of being pseudonymous.
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So you only make $0.51 from 6-7 days with initial deposit $26? it's mean +0.020% for 6-7 days, it's less than bank interest account APY.
I will say trading isn't for you because most people can earn $0.51 in less than 6-7 days, even how poor the country he live is. I don't really understand why you need to trade with very low risk if investment is quite similar with that, you only need to hold your Bitcoin until the price reach very high in the next few years.
Not sure why you'd immediately think that trading is not for you just because you barely made anything in 7 days. I'm pretty sure it's going to take A LOT more than 7 days to learn the craft. If anything, OP is lucky enough to not lose money(as most people do). |
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There needs to be a way to educate newbies though. Exchanges don’t do it do they, their business model relies on naive newbies storing their crypto on their exchanges.
I'm not totally sure, but as far as I know both Binance and Coinbase has articles on wallet security and self-custody. It's just that they don't promote/share these articles actively, for obvious reasons. |
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If you can't make your own investment decisions, then you're really off to a bad start. If you're not willing to put in your own effort, use the money for something else you're interested in instead.
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It can be said that history always repeats itself, and repeating here does not mean that everything will repeat in detail, each period will have different effects, so there will be differences. A bear market always comes after a bull market is over, and it always repeats that, that's called history repeating itself.
Because history repeats, if you want to predict the future, you have to look at history to judge, and no one can predict the future, so let's believe in history until a new history is created.
The better quote would be: " History never repeats itself, but it does often rhyme." by Mark Twain. It perfectly describes market cycles in general, not only with bitcoin/cryptocurrencies. |
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If you're thinking about those yield-bearing platforms, then forget about it. It simply isn't worth the risk. If you want profit, sell some of your bitcoin and start a business/gig or get a second job(or first, if you currently don't have one).
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"We are modifying our withdrawal policy. While customers will continue to be able to withdraw their funds, at this time, we are limiting withdrawals to no more than 90% of the funds currently in each customer account, subject to current daily limits."
Man, I don't want to make quick conclusions, but this really smells like insolvency. You can slightly justify having a set amount of daily withdrawal limits due to regulatory reasons, but having a set percentage? That's just too fishy imo.
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