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221  Economy / Speculation / Re: Bitcoin Hits $40,000 for First Time Since April 2022 on: December 04, 2023, 02:24:28 PM
I knew it would touched $40k in December but I never thought it would happened this soon. This is indeed a beautiful surprise, the market is getting bullish already. Yesterday, I commented on the speculation board and I speculated about it reaching $44k in the next 60 days but it's looks like it's going to happen in few days. If spot Bitcoin ETF gets approved in the coming months coupled with Bitcoin halving, which is around the corner, Bitcoin could hit ATH in 2024.

Many people really expect that Bitcoin will really reach that price in the month of December, and even based on my fundamental analysis this month of December, the price of Bitcoin can play between 40k$-60k$ before the end this year for sure.

And entering January 2024 is when we will really see the rally price value of Bitcoin as it approaches the halving event itself in the month of April-May 2024.
222  Bitcoin / Bitcoin Discussion / Re: Stop Saving Your Bitcoin (and other crypto) Addresses In Exchanges And Wallets on: December 04, 2023, 02:04:29 PM
Right now, I don't save Bitcoin in the exchange, but I have other altcoins in other exchanges. Not that big, but at least I have a savings.

So it's right that instead of saving in the exchange, it's better to save or hide cryptocurrencies in an electronic or hardware wallet. And whatever the choice of others is, I hope they won't regret what they do in this matter. And besides this depend on the trust of the holders in the exchange.
So thanks for the reminders.
223  Local / Pamilihan / Re: 🎄🎅🏼🎁[Christmas Raffle III] Free Bitcoin Books! Merry Christmas!🎁🎅🏼🎄 on: December 04, 2023, 01:54:32 PM
Wow, medyo kakaiba at first time kung makakita ng giveaway dito sa lokal natin na may ganyang gimmick.  Maganda din itong ginawa mo at malaki din ang maitutulong nitong libro na ibibigay.

At ang isa pang nagustuhan ko sa mechanics mo ay merong 3 slot chances para manalo yung mapipili nung sinumang makikilahok sa palaro mong ito, kaya makikilahok din ako at ang pipiliin ko ay nasa ibaba:

Username: benalexis12

no. of choice : 12-26-27

224  Economy / Trading Discussion / Re: If there is a war between the US and Europe, Bitcoin will hit $1 billion on: December 04, 2023, 01:44:44 PM
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Are you okay? It's like you forgot to take your medicine, friend. If others are predicting that it will be 5 million dollars per bitcoin, and of course before that happens, it will take several decades, and we don't know if we're still alive, then now you say it will be 1 billion dollars per bitcoin.

As you said, are you sure that all the banks will buy Bitcoin immediately? You must have a credible source link to hold on to so that other people believe what you are fighting for, even though I know that is just your assumption.
225  Economy / Trading Discussion / Re: Correction is possible in bitcoin price? After 40,000$ on: December 04, 2023, 01:32:57 PM
Bitcoin prices have been on the rise for the past two to three weeks, with no significant correction observed during this period. Currently, the bitcoin price hovers around $39,300. The surge in bitcoin prices can be attributed to the news of ETF approval circulating in the market.

However, what is your opinion? Do you anticipate a potential drop in the bitcoin price, revisiting $30,000 after reaching $40,000, or do you believe it will continue its upward trajectory towards $50,000?

Honestly speaking, awhile ago, Bitcoin's ATH reached 41k more than today. And because of this event, many people lost money. That's how the market is; it's very difficult to predict its price in the current market.

Then one more thing: when we are basing it on a short timeframe, the risk is quite high. To be honest, you need a deep and broad knowledge of trading; you really can't be ignorant.
226  Economy / Gambling discussion / Re: CASHOUT OR NOT???? on: December 03, 2023, 04:47:11 AM
When we enter the field of casino gambling, the risk taker will consider you a gambler, and then suddenly they will ask you whether to cash out or not. It seems that you don't know what you are doing here; what is that?

In the first place, we should know ourselves and why we gamble, right? At the end of the day, it's still your decision to follow if you don't like the replies of those who will post here on the topic you chose. So, it seems like your question is also ignored.
227  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: December 03, 2023, 04:37:12 AM
I started gambling online by seeing those big bonuses on ads and after that I knew that these require wagering to be able to claim those bonuses.
it was hard to complete those requirements so I lost of first deposit and I deposited second time i lost that too, I was playing irresponsibly and without knowing anything about online casinos.
I learned the lesson hard way that player cannot win in gambling long term if he doesn't able to control his emotions.

For the most part, bonus systems in casinos are designed to make a gambler in the casino as much money as possible to his account. If you consider the fact that the casino has an advantage over the gambler, it is easy to understand that the more you gamble, the more you will lose money. This is a very simple marketing move, which many do not understand and continue to chase bonuses.  

You know, honestly, that it's very easy to gamble responsibly, but when we're in the actual casino online, the scenario is no longer like that. A lot changes, especially if you've experienced winning here, because the feeling of winning is different.

Everything changes; often, winning in gambling is what makes you go back to gambling because most people think that they might get lucky again. There is the curiosity to continue without realizing that they are leading to addiction without them noticing.
228  Local / Pamilihan / Re: [Paalala]Bawal na ang Mixer promotion sa forum! on: December 03, 2023, 04:27:00 AM
Dami din dismayado na mga pro-privacy sa bagong policy pero wala din naman sila maitutulong kung sakaling paimbestigahan ang buong forum at kasuhan ang admin nito. May mga suggestion din ako nabasa tungkol sa workarounds pero malamang hindi din magtagal.

~
At ang isa sa kinakatakot ko eh , baka sa mga susunod na araw pati lahat ng Gambling businesses na walang KYC implementation and mga exchange ay ma banned na din or tayo mismong mga gumagamit ng mga service na yon ay ma banned din.
Meron pa ba walang KYC na casino? Pati freebitco.in ay meron na din yata. Pagdating sa mga DEX, hindi naman yata fully anonymous mga transaction na dumadaan sa kanilang mga servers kaya may paraan pa din ang mga awtoridad na ma-trace. Hindi na nila kailangan ng complete seizure kagaya ng sa mixers.

Karamihan na mga casino ngayon sa crypto gambling ay meron ng mga kyc na iniimplement sa totoo lang. Konti nalang ata yung walang kyc na iniimplement, at oo tama ka din sa sinabi mo sa Dex.

Ngayon, tungkol naman sa mga inanunsyo ni theymos ay wala naman tayong ibang magagawa kundi tanggapin kung ano ang desisyon ni @theymos.  Meron pa naman sigurong magandang opportunity na darating sa atin sa forum platform na ito.
229  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: December 01, 2023, 01:20:42 PM
Remember that no one gets rich in a short time unless you bet on the lottery or win a lot of money in gambling. Before someone gets rich, everyone waits a long time before they actually get there.

So if you want to get rich through Bitcoin, you must be prepared to wait a while before it happens, and you must also have at least holdings of at least 1 bitcoin, as some communities say here on this forum platform. Or it can also be with other cryptos that also have the potential to provide profit in the future, such as Binance, Ada, Matic, and other cryptos that are top-listed in the market.
230  Economy / Economics / Re: The power of investment choices on: December 01, 2023, 01:09:11 PM
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.

Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less

In terms of investment here in the crypto market, I can only say that if you have extensive knowledge of the crypto business or Bitcoin, you will not for sure just stick to Bitcoin to get profit. I said this because the other traders or holders may have held Bitcoin for the long term, but at the same time they are also doing short-term trading in other altcoins.

There are so many people doing that that they can really eat crypto or bitcoin. But of course you must have a wide and deep knowledge of trading here. It is not possible because what others say is that it is only good to hold long-term in Bitcoin, because if everyone holds long-term, then the market will not move because no one will sell because they will only hold. There is nothing like that because you are not traders who can be considered if you only hold short-term.
231  Economy / Economics / Re: Bitcoin can save the USA and dollar on: December 01, 2023, 12:59:42 PM
If the US has a lot of Bitcoin holdings, maybe they can really survive or save the dollar. But if they print a lot of dollars, for sure, when there is too much, they will have problems because the value of the US dollar may fall when that happens. You get what it means.

The more they print money, the circulation of their supply of dollars will obviously increase, and this will lead to the problem of inflation. When this happens, the goods in the market will not be able to increase again, and there will be great pain and problems. It's back to the people.
232  Economy / Trading Discussion / Re: Mistakes to watch out for on: December 01, 2023, 12:49:38 PM
If a person is new to trading, he should not try future trading. Most novice traders are tempted to follow other traders in future trading. They think future trading is the same as spot trading but it is different.

If they are not careful and do not have sufficient skills to analyze the market, they will have difficulty and will panic when the market changes too quickly. Another problem with trading is that someone can become greedy and want bigger profits. He will not want to close his trade because he thinks the market will still move in the direction he wants.

One more thing that @OP should add is only to use money you can afford to trade. Most traders still use all-in to trade because they hear the news circulating. They think that market conditions will change soon so they can enter and make huge profits by going all-in.
Perhaps, they should know first the consequences of trading without sufficient knowledge. Sadly, with the influence of social media influencers pretending experts in trading, most newbies fall into traps.

We all come from newbies but this time with so many tutorials and advice, it was easy for newcomers to learn which will make them not totally newbies when they start trading. But what it makes difficult for them is to adapt to the situation and understand the behavior of the market. And most of all, the struggle to handle their emotions when crisis comes.

That's also what's sad because, often, since the social media platform is a trend, most crypto influencers are also deceivers. Sometimes I don't understand them all, but most of them are really just for the views.

The others also pretend to be experts who know a lot about cryptocurrency, but if you know something and you listen, there are also many mistakes in what is said in the video content that they also do, so the result is that the newbies who know nothing about cryptocurrency are misled or deceived. So it's still a good idea to do your own cryptocurrency studies. This is exactly what those planning to enter the crypto space should do.
233  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: December 01, 2023, 12:37:22 PM
Sad to know about it but yeah, only a few traders make their journey profitable. The reason why the majority had suffered losses is because
 - they are impatient
 - lack of knowledge

All of these things happen because of the influence of these social media influencers saying that they can make money easily and showing trading tips that never work in real life. Many have been fooled into such ads and they face the consequences of losing their money.


Actually, in the reality that happens in the actual trading of exchanges here in cryptocurrency, most of them do trading, but the majority of them also do not get much profit from it, and if they do, it is slow.

So the best thing for them to do is that if the same thing happens with what they are doing, they should hold it long-term while they study it, and at least the capital they use in the trading activity they are doing will not be put at risk. .
234  Economy / Services / Re: [CFNP] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $200/w on: December 01, 2023, 12:26:33 PM
Hello boss @Royse777 if given a chance since I am a Full Member and participated in the avatar campaign for a couple of months can you give  me the spot for Full Member if you think at that I am qualify for that rate, if not, I am still willing to retain on avatar campaign. God bless you @Royse77 and stay healthy always, good day Wink
235  Economy / Trading Discussion / Re: Should trading be for the rich? on: November 30, 2023, 10:47:14 AM
~
Should trading be exclusive to financially comfortable and rich because of how risky it is?
Trading is for everyone, but not everyone can trade.
What I mean is that, not all have the capabilities to trade especially when it comes to financial things because we know that newbies tend to lose money on their first trades because they lack experience.

Should training be for the rich only? A little bit of yes, and no. Rich people can just trade, lose their money, and trade again while poor ones will lose their money especially when they're newbies, and there's a chance that they don't have money anymore. I don't know if there are some traders who started with a small amount of capital and turned out to be successful traders.

Always take note that trading in a demo account isn't the same as trading with a real account because your emotions will be different when doing either one of them. Trading is for everyone whether you're rich or poor, but sometimes, money can be a big factor whether you will become a successful trader one or not.

It is true and right that trading is for everyone, but the question is: does everyone want trading as we know it here in cryptocurrency? Others like trading, but in their minds, the work of studying here is lacking. That's the problem with others entering the crypto space.

Almost everyone here knows very well that trading is not easy; even in forex, it is not an easy lesson, to be honest. It's not just hype like other traders do; I don't know if those are real traders who say it's easy to make money from trading. which is not the concept.
236  Economy / Economics / Re: #HODLing is not a smooth journey on: November 30, 2023, 10:36:42 AM
Holding has been a smooth ride no doubt and I fully agree with that. You will surely get full success of this decision when you take investment hold plan. To hold is to be patient and we know that the fruit of patience is always sweet, so if it is held for the future, we know that good results will come from it. That's why cryptocurrency bitcoin investment holding is the smoothest method, so this hold is a way to change a person's life. When you take the advice of trading instead of investing, you can lose money in it and there is a possibility that your funds will go to zero. And trading is not a good move for everyone because of the volatility of the market and you may lose a lot of losses and lose your patience. As a good move by an individual I think investing and holding for long term is a great initiative and will be successful in future.

No matter what coins you hold in this field of crypto space, whether Bitcoin or other cryptocurrency, as long as you are sure it has demand and potential in the future, go for it. If you have that much confidence, that's fine.

As long as, in the end, no matter what the result is, you are ready for what can happen. Bitcoin is a given that you will get a profit there; if you hold it in the long term, you will get your rewards. That's it.
237  Economy / Trading Discussion / Re: Trading not for everyone! on: November 30, 2023, 10:19:16 AM
Valid point for newbies. Trading isn't like just let's start and make profit. Trading needs knowledge about fandmental, analysis ability and many more. Even skill won't be sufficient enough for some trades cause market won't always follow the same rules. It could be change with difficult & current circumtennces. I did trade without knowing anything and loss my fund much of the time and so quit myself until i gain the ability. It is important to manage your fund with patient

That's because the biggest problem with newbies who enter crypto trading is that they think it's easy to make a profit here. which is not really true, so it is really important that our brains are full in this kind of business field.

We shouldn't be like other newbies who only think about what will happen, because here in the forum community, we have learned a lot from our experiences. So we often tell newbies to remind them of these things.
238  Economy / Economics / Re: How do you work toward hodling bitcoin? on: November 30, 2023, 10:00:17 AM
I believe that holding is not really that easy in the end, we are talking about something that should be quite dangerous in the end because we are not living in the 90's or the early 2000's anymore. This is an era where we are talking about something that should be going a bit different in the end, so its going to be quite difficult to handle and should be a bit difficult to achieve. I get it, we are talking about making some money one way or another, but that doesn't mean that we are talking about a much harder economic situation, this is why its a trouble. I think it would be smarter to focus on making more income, that way saving and buying bitcoin and holding money would be better.

It is not easy to do if you have no other source of income apart from your crypto trading; this is if you still get profit from trading in this field. Unless you live with your relatives or parents, it's fine.

But if you're an independent person, it's really hard for jobless people. But if you have a regular job somehow, you will be able to hold and perform what is called dca here in the crypto space. Or if you have another small business, you can still generate a source of income somehow; it can't be the only source of income in these times, to be honest.
239  Local / Pilipinas / Re: Nakakabahalang balita mga kabayan. on: November 30, 2023, 09:41:34 AM
Sa ngayon nakapagtransact pa ako sa p2p papuntang gcash account ko sa Binance, hindi ako nababahala dyan, saka isa pa Rappler yung source medyo doubtful p ako dyan. Dahil madami pa ang pwedeng mangyari at magbago sa loob ng 3 months kung totoo man talaga na pursigido ang SEC.

Ang mga opisyales pa naman ng gobyerno natin sapalan mo lang ng pera titigil na yan sa ganyan mga banat nila, really doubtful pa talaga ako sa balitang yan. Like what I said madami pang pwedeng magbago within 3 months believe me or not.
240  Economy / Economics / Re: How do you work toward hodling bitcoin? on: November 29, 2023, 12:33:45 PM
When planning to hodl bitcoin it is important for one to be able to provide a source of income for provision and to solve problems,  if source of income is not available it is impossible to hodl bitcoin because when their is problem it only the investment people will look on to to get money to solve problems and at the end of it, it will be impossible for hodling Bitcoin to take place. When their is source of income one won't even have the time to depend on the investment.

You said it right: if you hold Bitcoin in the long term, you cannot have another source of income such as work or business. Because without it, your Bitcoin holdings will eventually be ignored.

Of course, since you have no other source, you will now be forced to take out your bitcoin and convert it to the fiat currency of your country. That's why those who only hold bitcoins are those who actually have another source of income.
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