If there ever was a time where bitcoin is going to skyrocket out of control, it's the coming 3 to 6 months !  =D Banks will panic, Banks will buy bitcoin too, with bank account holder savings. And the bank account holders will be the nigga holding the bag, worthless money caused by inflation. From riches to rags ! LOL. You should as well consider investing your money in Bitcoin, and not just telling others to invest. We all do understand the kind of risk that is involved in buying Bitcoin, but on a long term basis Bitcoin is very profitable, because the price will keep on increasing on a long term and you will keep on making profit, if you’re able to have patience till then. As for the Fiat money, we all know that there is always going to be inflation and Fiat will continue to be losing value as time goes on. Unless the government will do everything possible to be able to maintain value and make sure that their currency stays strong, which we know for sure that most of the governments around the world are not ready to do that, they’re only interested in filling up their pockets and getting rich. |
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Gaining experienced is what you need to equip yourself while you are inside this business, you need to start somewhere and make sure to keep enhancing yourself, it's a continues a process that will give you the opportunities to know if you are fit to this business, most of the time, your experienced is your guiding pattern to continue achieving your goals.
I believe these are all not at all needed when you are choosing bitcoin for your investment purposes rather than looking for trading it. Yes, like trading we can start investment with bitcoin also at anywhere because the real potential of bitcoin is yet to be unveiled and even we start today we will get definite profits in some years. You will get disappointment only if you are targeting quick profits. Because for investing with bitcoins, you do not need any technical knowledge or you do not need to to find exact bottom price to enter but if you have enough patience to hold your bitcoin investments for years then you will easily make massive amount of profits which is surely higher than what an active trader could make. |
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What coins do you think are promising? I think there will soon be a good opportunity to buy alts in the long term, so I am starting to consider options for purchases. Interested in mina, cdt and sand. What do you think of these coins? And what coins do you think are promising?
Long term? With altcoins? Never do that kind of mistake with your hard and money. Because, in long run you cannot predict about any individual or team based projects. Most of the teams of dev will forget or switch over to some other new project by abandoning their existing projects. So, always plan of only for short term for all kind of altcoin investment. Instead of looking for new project in altcoin in industry, you may go with ethereum and bnb coins blindly because they got at least some assurance to get you minimum good profits in long run. |
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So I realized that, recently, there are so many tokens getting listed on Hotbit.
Tried trading few times,
And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)
At least all my tokens are not gone in the wind and assets look safe.
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
The reviews I have been seeing online on Trustpilot says a lot about them. They have a very bad rating of 1.7 on Trustpilot and every single review I kept coming across on the website was saying that the Hotbit exchange is a scam. When an exchange has such a bad rating, especially on a review platform like Trustpilot, it’s always best to avoid them entirely so that you don’t end up experiencing the same thing that those people have experienced. An exchange that has a rating of 1.7 is a capital NO for me. So, I will advise you to stay entirely clear from them. |
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Will we be tricked in to buy at peak or else people have learnt lesson from 2018 dump and act wisely this time?
Anything will be possible as of now, it seems. Because, 1. Some people speculate about extended bull run till 2nd or 3rd quarter of 2022. Final ATH would be around $400k levels. 2. There are people who believe that ATH of 2021 already done and market is reacting to double top right now. 3. The current pull back is just a correction and market will bounce back and we may get at least $100k before bears' dominance. So, some people may end of catching peaks and also some people will just watch markets and do nothing even they have planned to sell at peak and buyback at bottom. |
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I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
There are very least possibilities for ending up the current bull run without FOMO driven rallies hence a new ATH yet to come and what you have mentioned about "manage bitcoin" are belonging to only active traders and certainly not for long-term holders. In my opinion, most people from this community are long term holders which means you may not get a right suggestion for your action of managing bitcoin price levels for current situations . Develop patient and adopt long term strategy to enjoy hassle free profits (simply try to make use of all dips). I am expecting a sharp bounce back by this weekend as Elon Musk may get back to action after taxation and some governments may unveil their neutral stand on cryptocurrencies by next week. So, sideways trend to be expected for all remaining days of this November. |
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I have been watching the term NFT in different projects listed on uniswap but I can't figure out what actually does it mean. There's something like NFT price which is probably greater than the token price. So, what's it exactly? How it is related to the project token?
NFT can't keep up being this big. I believe that there is going to be NFT hype this much and for this long, there is nothing that could be happening that can sustain this for long term. Think about how much money is involved in the NFT world, that would be awesome if it happened for any other thing because it would definitely make a great profit for it and could be sustained if it was done to something that was already good and it just added on top of it instead of taking NFT from zero to this high level. Let people spend their money on pictures for now, if there is no utility then there is no money for me, it could be coin or token or NFT or anything if there is no way that you could use it then there is no profit to be made for me. |
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That will be more likely the future of crypto and banks too. If you insist to believe that crypto will definitely replace banks in the near future and make them extinct, maybe you are living in a false hope. That will never happen because the government itself will never allow it to happen that a decentralized currency will take over fiat and banks.
However, i'm very open that banks and crypto will both have a future together because its possible that crypto transaction will be integrated into banks and other centralized financial institutions. Both will exist so that people can benefit the services from crypto and banks.
It is definitely true that Banks will not be destroyed by crypto at all, it is definitely impossible for Banks to get destroyed by something like that. Maybe if we all go against banks all together and stop using them that would shut them down but I do not see a financial system that stops them all at the same time. I believe that there is a good chance that Banks are the future exchanges, binance and coinbase and all that will be gone in the future, or even if not gone then they will be acquired. With that type of power they are capable of just checking how exchanges are making insane amount of profit and they will build their own exchanges working inside their bank. So, while getting your money into your bank account, with the same account you will be able to hold some crypto as well. It is not really that much of a big deal, it can be done easily. |
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If he also plays in other casinos imagine how much time he spends every day playing so he is really an active gambler, maybe this is his job which is to make money from gambling.
The second rank will be difficult to catch up with because the difference is half that of the first so it will be very possible for him to stay in that position for a long time unless he stops.
The second one is sponsored player and he is not catching up to be the Rollbit boss and will play only with the sponsored bank rolls from Rollbit but the first one seems to be passionate about gambling at any cost and wants to remain on the top and it would not be easy to take over him easily by any other big whale. I have to say there are some people who are just doing it on a different level, I have to say it is not really that much of a logic behind something like this because it is insane levels and I can't even imagine how some people can do that. After that I realize that these people do not live in the same level of finances as we live, like literally the amount of money that could change my entire life could be amount that they do not really care about at all, it is not an amount that changes anything for them at all. This is why I believe that we should not be shocked, even though I am still super shocked it is clear that there is nothing shocking about it because they are just simply rich. |
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I know we are assuming that btc cycle lenght is based on Bitcoin technical FA (halvenings) and that real world events would not affecting the cycle lenght. But Covid 19 just halted nearly everything in this planet for a very long time, so why wouldn't it affect all market cycles with it? Bitcoin wouldn't live in the vacuum when it comes to market conditions.
Basically the bitcoin market's cycle of 4 year long is purely based on the halving event. Only when there is a interference in the internet, we could expect halving to have any disturbance otherwise it will keep on happening and all other things will be running as expected. I agree that covid and its lockdown situations had heavily hit almost all of our day to day life but bitcoin network is running as per scheduled hence we cannot expect any differences in 4 year market cycle but we could expect any differences in the duration of bullish or bearish trends of bitcoin market within the current market cycle. It means we may have longer bullish or bearish trend than previous 4 year cycles. |
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I think only analysis and study not enough to made profit in trading. Because we wouldn't face profit only and sometime losses, and people who already mastered in analysis still have chance to panic and then made decision recklessly.
Yeah, this is the reason we do see pro traders are also sharing about their losses and how market volatility made them dump time to time. I agree that learning and then analysis also not enough to make continuous profits hence the question from OP for not losing any money from cryptocurrency trading is not making any sense to me. People who are not ready to accept the reality of market alone will keep looking for such imaginary answers. If one is new to trading crypto it's good to always and always apply stop loss and also set up a risk management When avoiding losses in trading is practically not possible then using stoploss alone is the only available and possible solution here. Having a tight stoploss and then recovering losses with next trade could be the answer for OP's question here. |
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how often do you invest in new and young projects? Aren't you afraid of losing money if the project closes?
I want to invest in a promising project called CheckDot. Their token sale starts this weekend and I think this is a good opportunity to successfully invest money.
I don’t know about CheckDot, hope that before you come to the decision that it is a good investment you have made a deep research on the project to know whether it is a project that would be worth your investment and also not a fake project right? Because these are very important, you have to be really wise these days, there are so many fake and scam projects that being released into the market almost everyday by scammers. There are many in the market, which is why you have got to be very careful so that you don’t end up losing your money in any of these projects. I have not invested in any new project, I have steady been investing my money on projects that has been around for years now. I am bothering about new coins in the Market. |
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I guess is bitcoin because since we came back from pandemic bitcoin price is still improving in the market. Despite the massive pump of other altcoins few months ago, that was making investors to think if ethereum or BNB will take over the position to become popular in the community than bitcoin. Few weeks ago bitcoin price hited $68k to prove to the world that it remain popular among other cryptocurrencies in the world. Before any coin can be more popular than bitcoin it will be next year 2022, because the spend BNB coin is preparing to enter market, it will be more popular and stable next year 2022.
Since it is the altcoin section everyone first thinks about an altcoin to name, and that is why they end up saying altcoin stuff and they are sort of right, some did make some leeway and increased a lot. Even though I dislike it a lot, I can't deny that Shiba made a lot of profit for a lot of people during this period. This means that we are talking about something that is dangerously risky but also profitable. However you are right, even though we are in altcoin section, we could easily say that bitcoin is the most popular, it always has been and it will always stay to be like that forever, it had a huge crash in early 2020 because of pandemic, then before summer it had another huge crash and none of those huge crashes stopped it. I mean 50%+ drops, nothing small, huge BIG crashes that should have hurt it, but it recovered and broke ATH after each of them. So BTC is definitely the right call. |
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I gave up credit card a few years ago, high bank interest is the reason that leaving credit card is a better thing, I think there are many pitfalls on credit cards, they make it easy to credit many things but end up making it difficult for us and a lot of fines are imposed when we are late paying.
Seriously, giving up on credit cards is the best thing that anyone can do for themselves. These credit cards are going to put you in a debt that would be very difficult for you to come out from. I have been in a situation like that and it wasn’t an easy thing for me, because the interest kept on increasing and I had to keep paying the interest all the time,so that made it very hard for me. Every new income that comes into my account is going into paying debts, and then I end up also taking extra credits and it keeps on multiplying. Luckily for me I was able to get past this situation, and I have some how not to gotten back into it again, and I’m going to do my possible best to stand on that. It was a hell of an experience. |
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The truth is what was said by the famous and highly respected economist Milton Friedman said: "Inflation is always and everywhere a monetary phenomenon." The problem is not the supply chain. The problem is that the huge influx of money into the economy from central banks and governments has fueled a tremendous surge in demand.
Companies can't find workers to fill the demand. Why not? Because the government paid everyone a bunch of money so they don't need to work. This is shown by the fact that the labor participation and unemployment rates are both low.
The labor rate was low and the rate at which the government and the central bank kept pumping in money into the economy was high. From the start it was already being said that something like this was bound to happen: there is going to be an inflation and the rate of inflation is going to be high for sure. We should be looking at the ways that the government would be able to fight and tackle inflation. And while looking at the ways that these can be done, we should understand that these means of tackling inflation can as well affect the people, take for example when the government tries to use wage and price controls in fighting inflation. So any means that we decide to use should not be too harsh on the people. |
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How would casinos do if every gambler turned out to be super lucky like him, and all went out of business quickly? Despite the fact that most gamblers need a bit of luck, roycilik seems to have some jackpot luck.
The average will always be house edge in the long run for the casino, even if someone wins a whole lot of money there are also a lot of people who lose all they deposited as well. I am not saying that there won't be any small changes, of course there are some, there are days when casinos end up with a lot of profit or there are days when they lose a lot like this instance. However if you look at the long term, like "how much was wagered in the past year, and how much the casino earned" then you will see that in the past 365 days they probably made as much as the house edge. It is the short term that has variations, so it is not a problem for them. |
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Winning and losing in this match will not change anything, there are only two matches left which means these two teams will still qualify. For example, maybe we assume PSG lost here and Club Brugge won and thus, their points are 8 and 7. Then, in the last match PSG will play at home against Club Brugge, we assume the result is a draw and their points will be 9 and 8, right. So, whatever result in the match Manchester City - PSG does not change anything in the standings of this group, their position will remain like that until the end. Even though PSG can win against Manchester City tomorrow, it's still these two teams that will qualify too, of course, unless Club Brugge can win in these last two matches then Club Brugge will certainly qualify. I'm not sure PSG will give up easily at home in the last match because the opponent is only Club Brugge, which it looks like PSG will still win in the last match against Club Brugge later.
It is 100% guaranteed in my mind that City and PSG will go to next stage, I do not believe that there is any possibility that Bruge would go to next stage. It is sad to see Leipzig doing that badly, that is the only thing that shocked me this year, they are not doing well in bundesliga as well, manager really does make a big difference. In any case I assume that we will see City and PSG on next stage and then also another stage for sure, quarter finals is where things "may" get serious depending on your draw, but aside from that nothing really changes for these teams, hell maybe they could get some lucky draw on quarter finals as well who knows. They are not even working too hard right now neither, because they know they could get it done. Let's see how things could change, but at the moment it is going to be basically exactly this ranking by the end. |
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Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick? It would be a very difficult thing to do if you want to carry the 12 phrase of your private keys in your head. At some point you might end up forgetting the keys and it might be at a time when you are in dire need of it and you then end up losing access to your cryptocurrency. So, it’s best to choose a safer means than that, unless maybe you know for sure that you’ll be able to remember it always and also as it is written on the paper. I think writing down your private keys on a piece of paper and maybe storing it in a vault (if you have one) would be a safer way to keep your private keys. Then I’ve also seen people who just write them down in their notepad and store it online, although some people are going to tell that you run a risk of hackers having access to your keys at anytime if your device or the platform you stored it should be hacked. But I’ve never seen that happen before. |
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Tom Lee : $168000 before 2022 He connects the launch of bitcoin futures ETF with the ongoing market surge. It is sure to experience increase in demand of bitcoin over the years. With the price of bitcoin increasing with time his prediction have reached $168000 before 2022. Source : Bitcoin as high as $168,000 before 2022 Tom Lee one will probably not happen, I can't see the future so I can't guarantee anything but it says 168k within 1.5 months and I doubt that it could happen, it is way too short period of time and over 2x nearly 2.5x increase in that period which looks to be something that I doubt that could happen. Tim Draper one looks not unlikely, but wouldn't be shocked if that doesn't happen neither, that is 13 months and 250k which is about 4x increase. We "could" do that, but we are already so high and we already went up so high, so I doubt that it could possibly happen. So all in all I would say that it is something that is possible but improbable. However the Winklevoss twins prediction looks quite possible. That is 10 years and we are talking about 500k only, 10 years is a long time and making less than 10x in 10 years is something bitcoin could do very easily. |
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What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Meme coins, a lot of them in the market these days are like an avenue to quickly gather in a lot of cash and noting much. After they might have increased really well to a higher price and a lot of investors in these coins starts cashing out, you’d see these crashing and not recovering any longer. There might still be a few of them in the market that can be worth investing, but I can’t tell you whether they are going to be worth investing for a long term or just for the short term. SHIB is one of the meme coins that are has been quite strong in the market and still going higher. |
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