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241  Economy / Trading Discussion / Re: My experience as a beginner trader on: November 12, 2023, 11:27:29 PM
There are no experience mate Grin you lose  as a beginner to become a stronger trader  Smiley so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning  till you  can say "Gone are those days " Grin
No doubts, as it's very true that you don't turn out the best trader in just one day, rather it's a gradual process where you continually learn. Even when you turn out profitable you still keep learning as learning never stops you only keep knowing more and becoming better at it.

Quitting because of initial failure is actually not a good idea because others who persist and didn't quit will definitely get bigger someday and you would wish you had continued, it is very normal with trading that you will definitely become successful some day only if you stay consistent and keep improving on your trading skills, continuous study and practice gets you to the point bof optimal profitability and becoming the best in the game, the mistakes helps you get even better because you learn from them.
Those who have succeeded in making a profit from trading but are still studying it so that they have good knowledge about the trading they are doing, because if they no longer study it and when there are problems they encounter then they will experience difficulties because they have not studied it.
You are right, those who correct the mistakes they make in trading will of course be even better at the trades they make because they already know how to avoid the losses they have experienced.

It doesn't mean that we already know a lot about trading, so let's just rely on what we already know. It's not like that, of course. Even at the point where we are making a profit from trading, we should not stop learning about crypto trading.

The more we experience profit here, the more we encourage you to continue learning about trading somehow. You never stop learning; instead, continue to learn to grow more in the future.
242  Bitcoin / Bitcoin Discussion / Re: Treating bitcoin as a teenager. on: November 12, 2023, 11:17:44 PM

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.
I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.
I remember the days where those influencers are hyping things on bitcoin and really pushing it to reach $100k before the bear market starts. I can say that there's a chance but realistically speaking, the market isn't ready yet. People end up buying more and more because of the false hope that those influencers spread last bull market. I don't really like the influencer thing last bull market since there are so so so many influencers that has a crazy speculation especially in the altcoin and NFT markets where I can foresee that they are paid to speculate the price to an extent that it is not achievable. It's the same on bitcoin, we only experienced few bull markets and we still don't know where would all this price speculations can go. I hope that the speculations we have is closer to reality given that we all might disappoint ourselves, I personally think it's better to underestimate bitcoin because it really hypes me up when it exceeded my price expectation.

Until now, the majority of crypto influencers in this industry have continued to hype the viewers here on YouTube. If you just watch and don't understand what they say in their content, you will be really hyped and swept away by the wave that they want to happen.

That's why I just pick what I think is a useful idea, because I know that most of them are just soup, and there is no truth in them that I have seen and noticed many times. That's why sometimes I don't watch it because the way I see it sounds boring.
243  Local / Pilipinas / Re: bakit dapat mong maintindihan at wag matakot sa dip on: November 12, 2023, 11:07:22 PM
Malaking tulong kung alam ng bawat kababayan natin ang tamang oras para bumili at magbenta ng cryptocurrency. Kung hindi, ang diskarte na gusto mong gawin ay hindi papansinin. Baka mamaya magbenta ka, tapos tataas pa ang market price.

Pero kung mabibili mo ito sa pinakamababang presyo at pangmatagalan, masasabi kong panalo kapag nangyari iyon dahil siguradong malaki ang babalik nito kapag biglang tumaas in the future, at ang savings na babalik sayo dito malaki din. tama ba?
244  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 12, 2023, 10:57:32 PM
Wait for some months and bitcoin will reach all-time-high. That would likely be in 2024/2025.

For those that wants to invest in bitcoin, they should make research about it and study the historical chart of bitcoin, halving and how the price of bitcoin may go up after halving.

But those that do not make any of such research in the past will not still regret if they are able to hold their coins and not sell.

If anyone just wants to experience earning bitcoin, what you said is right, pal, but if others want Bitcoin to be a way to help them get out in life, they should buy at least 1 bitcoin now for at least at least how about when it becomes 100k$ each, for sure somehow he will be able to move forward in their lives.

Because if they don't hold 1 bitcoin, I think it will be difficult for them to advance Bitcoin, even if we say Bitcoin becomes 100k$ each. Let me say you have saved or accumulated bitcoin amounting to 0.1 bitcoin. That is not enough for you to advance in life, in my opinion.
245  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 11, 2023, 11:22:24 PM
Anyone who is a gambler can become a good bitcoin trader; it just depends on the decision and determination that a gambler has. How can you be a good bitcoin trader if you don't decide to do it?

And when you have decided that you want to become a good bitcoin trader, you should study and find out what the first step is to do, because if you know the right process for sure, in the end you will realize that you made the right decision, my friend.
246  Local / Pilipinas / Re: “CrypTalk: University Caravan” on: November 10, 2023, 02:59:20 PM
 Ang pagkakaalam ko madaming alegasyon na sinabi sa kanya before, at siyempre He denied it. Saka ang tanung kasi dyan ay, Sa tingin mo ano dahilan nya bakit puro university ang pinupuntirya nya? Imposible kasing walang hidden agenda yan? sa tingin mo libre nyang ginagawa yan? sa ngayon oo pwedeng libre, pero in the long run lalabas at lalabas ang tunay na motibo nyan.

  Sa bawat bawat priviledge speech hindi nawawala yung panghahype nya sa mga viewers sa bawat univerties na pinupuntahan nya.
In short, diskumpyado ako sa ginagawa nya, mukha lang na ineeducate nya yung mga students sa blockchain technology. Pero ang totoo meron siyang personal interest at reason kung bakit nya ginagawa yan, at sa nakikita ko ay tama ako ng iniisip sa kanya. Makikita mo ang ibig kung sabihin pagdating ng panahon na ilantad nya true colors nya.
Yan ang malinaw na realidad , anong gagawin ng mga ginagawa nya para pumabor? hindi biro ang gastos at pag aaksaya nya ng oras sa mga ginagawa nya para lang sa ganitong bagay tingin ba natin wala syang malaking mapapala sa ginagawa nya? tulad ko hindi din ako naniniwalang "IN GOOD FAITH" talaga to instead there is a Motive inside this effort.
pwede kayang pasuyo ang mga sinasabi mong alegasyon dito nmate? para maungkat ng mga pinoy na kapwa natin so in case hindi na din nating hayaang mabola ang mga kamaganak natin lalo na ako may anak akong nag aaral sa univ(pero now palang paiiwasin kona sya dito)

Tama, sa panahon kasi ngayon wala ng libre  sa totoo lang. Tapos pilipino pa ang gumagawa ng ganyan, libre?  that's very questionable talaga, isipin mo naman, mageefort gumastos just to teach crypto why nga naman students lang ang target, diba ang Bitcoin or cryptocurrency ay hindi nalikha para lang sa mga students. Ginawa yan para lahat ng tao, diba?

Matagal ko ng nakikita at na tatag sa akin yang coach miranda miner sa FB ko. At meron din akong kakilala na kumuha ng elite package dyan  at sinabi nya sa akin na nasayang lang daw yung binayad nya at madami siyang nakita na leak din.
247  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the Choice of Investors on: November 08, 2023, 11:33:18 PM
Over time, after the events of 2017, investors are gradually discovering and seeing that the value of Bitcoin is not going down, so investors may be thinking that if they don't buy Bitcoin now, they will definitely be left alone in the end.

After all, who are the rich investors who will not buy Bitcoin today in this era? If well-known and big companies around the world are already investing in Bitcoin and cryptocurrency, how much more so are people like us who are not rich? This is where we should imitate the positive view of rich investors; after all, Bitcoin does not choose how much you can buy, as long as you can afford it, of course.
248  Local / Pilipinas / Re: Tarot cards gamit pang predict ng market? on: November 08, 2023, 11:23:08 PM
Never pa ko nakaranas magpahula sa mga manghuhula kuno so hindi ko masabi kung maniniwala ba ako o hindi. Kumbaga para sakin, yung paniniwala ko is nasa gitna lang. Hindi ako against sa mga manghuhula, at hindi rin naman ako totally na hindi naniniwala sa kanila. Pero at the same time, may doubt kung lahat ng sinasabi nila is totoo. Pero pag dating sa usapan ng galaw ng market, mahirap maniwala or umasa sa tarot cards or hula. Kasi kung yung mga manghuhula nga, hindi matama lahat ng hula nila sa buhay ng isang tao, what more pa sa market diba? Also, kahit naniniwala ako na yung iba ay may "ability", mahirap iasa yung magiging decision mo sa pag invest sa sinasabi ng hula. Also, kung kayang hulaan ng manghuhula ang magiging takbo ng market, bakit hindi sila sumugal din gamit ang sariling nilanh pera kung talagang naniniwala sila sa kakayahan nila.

Pero in the end, ang masasabi ko is pwede namang maniwala kung nag gagather ka ng other ideas or option pero wag umasa completely sa mga ganitong bagay tulad ng hula.

Pero kung susubaybayan natin yung mga ginagawa ng mga manghuhula ay parehas lang sila na ginagawa ng isang traders na kagaya natin, nagkaiba lang paraan kung ano ang pagmumulan ng hula or pagbabatayan. Siyempre sa Tarot card ay obviously card ang gamit lang nya samantalang sa ating mga traders dito ay madaming tools ang pwedeng pagbatayan.

At yung mga tools na gagamitin din natin kasi ay hindi rin madaling maunawaan kung wala tayong idea sa paraan na ginagamit ang mga tools na ito. Kung kaya para sa akin obviously, hindi kapani-paniwala ang mga hula sa tarot card na yan sa totoong buhay Pawang kasinungalingan lang din ang mga pinagsasabi nyan at din kasing mawawala sa mga manghuhula na yan, hindi tulad ng sa ating mga traders ay merong mawawala na crypto assets.
249  Local / Pilipinas / Re: May holdings ba kayo na Bitcoin ecosystem project on: November 08, 2023, 11:03:46 PM
Sinilip ko ito sa Binance at medyo interesting parin yung daily trading volume nya sa bawat araw, dahil malaki paring maituturing sa totoo lang. Para siyang sleeping giant sa aking palagay. Sa tingin ko pag nagising yan bigla yang gagawa ng ingay sa crypto business.

Kaya lang parang wala naman akong nakikitang new plan develpoment ng qtum at the moment, na para din pwedeng pagnagbull run ay magkaroon lang din ito ng pump and dump sa crypto market I guess. Pero nananatili parin sa Binance ng ilang taon na, so malamang nyan madami paring mga investors kahit papaano ang pwedeng bumili at maghold nyan sa aking palagay.
250  Economy / Economics / Re: Are You Sticking to Your Plan or Has Life Made You Pause or Modify It? on: November 08, 2023, 10:52:08 PM
We often advise newcomers asking about successful Bitcoin investment strategies to have a well-structured plan and stick to it no matter what. Nevertheless if there is anything I have learned is that in bitcoin investment it  is rarely a linear journey. And despite our best intentions and meticulous planning, unforeseen circumstances can disrupt our initial plans. For the community I want to know, has your investment plan always unfolded as expected or have unexpected events caused you to pause or modify your plan? Despite our best efforts there are instances where sticking rigorously to a plan becomes challenging due to the unpredictable nature of life.

As long as there is a problem now, don't add more for the future; instead, it's okay to add a solution for your problem. And if you have entered into an investment, believe that your capital can be turned around to make a profit in the end.

The only important thing is that you always do research so that the money you use here is not wasted, and you know that it is not easy to find a way to earn money just to survive and feed the family or people who are important in our lives. Always take a risk when you join any investment opportunities.
251  Economy / Speculation / Re: Bitcoin price $45k by ending of 2023: AI prediction on: November 08, 2023, 10:42:06 PM
I see a lot of people agreeing with AIs prediction and some syas that there has been experts opinion on similar terms that Bitcoin will be finishing this year around $45k mark but I repeat once again not to blindly follow anyone who claims to be experts and AI will source it's result through various analysis and logical reasoning available on web but either of them could go wrong because if we go by AI then all the signals generated by AI bot while trading should be accurate but that isn't the case and if we have to believe in expert's opinion they are the same people who once said Bitcoin will reach $100k back in 2018 which turned out to be a disastrous year, I still remember towards the end 2018 Bitcoin was trading at $3000 the same people used to say Bitcoin is a bubble which has bursted. Please do your own research and analysis along with the news and events related to Bitcoin it will give you best direction about the price.

Of course, when they don't agree, most of them are holdings and when that happens, it will be in favor of all those who have holdings, right? So I don't agree that the accuracy that AI can do is high. There are many experts who said before that the price value of Bitcoin will be like this in this month and date but all of what they said did not come true in their predictions and the accuracy is very far from the reality.

If you think that those who said that before are experts, how much more can an AI that has no emotions be able to analyze the futures that can happen in the price of Bitcoin or other cryptocurrencies.
252  Economy / Economics / Re: How Much Does Food Cost in Your Country? on: November 08, 2023, 10:28:59 PM
I want to know about the cost of living and average income in each country. Can I ask that here?

For comparison, may I ask how much a standard meal in your country costs for one meal? what is the standard food menu? What is the average monthly and annual income in your country? Please those who answer can use calculations in USD

Note: I don't need the tables issued by the government because they are usually different from the reality on the ground
I don't know what good this survey will bring to you, but I would like to say that even if I live in my country's city, let's say any small city, it does not mean the rates in a country are the same everywhere. The rates at my place cannot be the same as they might be in another city. But to give you a hard guess, for simple food in my city, which is roti and salad, we have to pay at least 150 to 200 pkr per meal (in dollars, it becomes $0.52 to $0.7). These are very high due to inflation, but if we go somewhere else, like a big city, the rates can exceed $1.

As food eaten in different places is different, the rates are also different, but to get an average, you can say we have to pay $1 for one meal, which is the simplest.

And average monthly salary is around 30k ($104.53) pkr to 40k ($139.37) pkr issued by the government for the lowest labor, even if they are working in the private or government sector. But as you stated, you don't need tables issued by the government due to their vilification, so the same happens here. I would like to say my father's monthly salary is only 20k pkr as a night security guard.

Having a salary of 139 dollars per month in a guard position is very low and still very dangerous. It's a very difficult situation for a guard, especially if he has a family to feed, and even if he only has one child, it's sure to be very difficult to budget his salary if this is the only expectation for them to survive in their lives.

Probably in this situation, they always approach the lending companies, where they don't care about the size or height of the interest.
253  Economy / Speculation / Re: Will it Hold? BTC Targets $40,000 on: November 08, 2023, 10:07:19 PM

Will it Hold? BTC Targets $40,000

When you check the October 2023 Non-Farm Payroll data you will notice Without a doubt, the bulls continue to dominate the market as the Bitcoin price surged to a new annual high of $35,400. Given that Bitcoin miners control 10% of the total BTC in circulation, their trading actions have an impact on the BTC price.  Indicators presently suggest that BTC miners have adopted a bullish attitude during the week, and if they continue to accumulate rewards, we might witness further gains up to $40,000.

Secondly, Sources from IntoTheBlock shows the demand for Bitcoin has exceeded supply judging from the data available at the aggregate order books https://app.intotheblock.com/coin/BTC/deep-dive?group=exchanges&subgroup=order-books&chart=all. If this holds through then we expect the market for this week to remain bullish. However, there may be little contrary arguments.
A critical point to note is that everything being equal BTC price may likely defend the $33,500 - $34,500 zone and prevent bearish reversal.
I did my analysis on a weekly based and it may be subject to my bias. Feel free to contribute and possible show areas that are worthy to note.

In fact, what is happening in the market today is still very unpredictable. In my personal observation, it is really possible from this month or before the end of this year that Bitcoin's value price will start to play between 40k and 60k at the beginning of 2024, which will actually remain and continue to bullish trend. This is what I actually see.

Let's really take advantage of the opportunity until we are not in a real situation where it will be really difficult for us to keep up with its rally when it starts running to move forward, and when this happens, as the value moves forward, the rise will be faster for sure.
254  Economy / Speculation / Re: Bitcoin October Month Performance on: November 08, 2023, 09:55:36 PM
I think that it has been proven many times that every October there are really good results in the market, and if we notice that there are many taking advantage of where to take positions to buy and sell,

Didn't we see and witness that this past October it rose from around 35k$ each bitcoin to 40k$, but according to the experts, it is very likely that it will have liquidity around 25k$-30k$ before it went to 40k$ each bitcoin?
255  Economy / Speculation / Re: Buy the DIP, and HODL! on: November 08, 2023, 09:45:16 PM
If we really look back at the history of when Bitcoin started to rise in price, it is really disappointing that we didn't buy it even a little bit. I can't imagine that it started at around 0.001$ and then went down to 0.0005$ per bitcoin, where for only 10$ these days, you have 20 000 bitcoins immediately.

Try to imagine if you just held on to what you did and sold it in 2017. You will be very rich for sure, and you are just enjoying your life now. But now, it is very expensive, even though it can be considered that it has dropped a lot compared to 2021, when it reached 69k more.
Especially now that the bitcoin halving is coming or going again, the bull run can precede or follow as it approaches the halving and depends on the situation that will happen in the market as well. So the majority of the community here in this industry spends double time saving.
256  Economy / Gambling discussion / Re: Cash out or keep playing? on: November 08, 2023, 09:35:33 PM
If those who have won, especially those who have won a lot, still want to win more, they have to be prepared for loss, which can come at any time because if they decide to continue playing even though they have already won, they could experience loss. This has been experienced by many gamblers who are getting greedy with previous winnings and think that while they are still winning and getting more money, they can gamble longer than usual, which means they have a chance to win again. But that's not what happens because most gamblers who have won have to endure losses little by little until, finally, they lose all their winnings. And if that's the case, they can only regret it, but unfortunately, it's too late because they don't have any more money.
This is actually very difficult to do, because no one knows where the moment is when you can walk away with winnings at your peak. You could even call it a mind trap. If after this the loss begins, then it is like a spiral that accelerates more and more each time, dragging us in. In practice, a player usually ends up betting forever or for a long time when he has lost quite a lot. I have almost never heard of those who won a lot and left. Those who are between these two categories also continue to play until they reach one of these states. Most of it is due to greed and regret. When I bet, I always remember this.
That's the catch about it, without proper planning you won't be able to determine when to stop that's also the reason why some people set an amount of winnings where they can just stop anytime, they hit it, the same goes when you're trading. It's easier said than done though, as we can't really know when our feelings and excitement catch on with the winnings as you'll feel extremely lucky during these situations. For me, the best option to avoid or minimize losses is that when you've won a significant amount of money and want to continue gambling is that you risk some of your winnings and keep some of it along with your bankroll so that if you've encountered a lose streak, which is likely to happen, then you'll still be on the positive as you did not lost your bankroll and some of your winnings.

How exactly do you guys even come to this conclusion that one or a gambler can set a winning limit and stick to it?, we all know that when a gambler in winning, that is when he or she is much more motivated to keep paying more and more, so as to keep increasing the profit, and we never can tell what may happen, the gambler might end up hitting the jackpot if he or she keep going.

To this or the above, i personally believe that setting a winning limit is not efficient and so unreliable when it comes to responsible gambling. Instead of setting a winning limit, set a loss limit instead, with a loss limit, you know that once you as a gambler have lost a set amount of money in gambling in a day, you give up gambling the whole of that day and possibly try again the next day. A loss limit i believe will be more effective and more reliable in helping a gambler maintain a responsible gambling attitude.

The most important question is: how long will the money you have last if you continue betting on gambling? Also, if you only have a small amount of money for gambling, do you think it will last long in a casino when it is played?

There are times that when a gambler plays, often when he is unlucky, the amount he entered a casino quickly runs out, because even if he doesn't want to stop, it will be stopped because he has nothing to match. and no other gamblers will lend him money to continue gambling.
257  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: November 08, 2023, 09:25:55 PM
I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Perhaps one of the main reasons why they continue to gamble is that their mindset is always positive, like thinking that even though they have lost many times, when they hit the jackpot, they will still win it back. That's what drives and motivates them to continue.

And others may also consider this gambling as their hope to get out of life, and they have no other choice that they know is the solution to their situation of poverty.
258  Economy / Gambling discussion / Re: What conditions might cause you to stop gambling? on: November 08, 2023, 09:15:39 PM
I know that many people try to stop gambling or reduce the intensity of their gambling because of several factors such as running out of money, being scolded by their wife, being scolded by their parents, or piling up debts. Irresponsible gambling will make us have bad conditions. I don't hope we will experience something like that because after all gambling is fun and full of challenges

But let's imagine, what kind of conditions might make you stop gambling?

Beside being completely broke, many people shall quit from gambling after they become "Rich".
For example, you get a job with decent position and  salary or your bussiness suddenly booming or you married with a rich guy.
Why need to gamble again when you already have a nice income and stable.

There are other rich people who still gamble despite having a good and stable state in life. Sometimes gambling is not only based on what your condition is in today's natural generation. There are definitely times when there are gamblers who are only after recreation.

And there are others who want to make money and really win at gambling. Now the question is, why do the rich or others who have become rich gamble still? That's because this may have become a routine for them that their body is already looking for. And because of the addiction that has formed in their personalities,
259  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: November 08, 2023, 03:25:07 PM
I would prefer cryptocurrency investment to the other two. Apart from cryptocurrency investment, next in line should be business. I have got some piece of land but i am not exited about it because it will not appreciate anytime soon while bitcoin can give some surprising appreciation just like what happened last week.
Business in the other hand gives daily return which is very nice to see money flowing daily. But we still need to understand that all the above requires skills and has their own magnitude of risk. Nothing is 100% risk free and without knowledge you might not be able to make money.
For me bitcoin first, business second and then real estate.
I think business is best and source of huge money income. cryptocurrency is the second choice. we can also business with crypto Because when we buy a coin on spot or hold it elsewhere it is also a type of business but it is digitally. Funding requirement in real estate is huge because real estate products are very expensive so a good way to earn good money with less investment is crypto or a small business.

We know that most of the investments are actually complicated and involve risk. Business is actually good if you are knowledgeable enough, cause it's not easy if you just want to build a business due to the reason you think it's the best. You would need to study the target customers, the demand for the product as well as the competitors in the market, the location, and most importantly the capital. This argument literally depends on the people's preferability and knowledge about specific investments, if we're gonna compare crypto, real estate, and business, I think they are all the same. From real estate, you can actually do monthly payments for years, but of course, you would have to look for small interests, by simply that you could start with real estate as well.

Almost all of the things mentioned by OP have risks attached to them, although all of them can provide benefits no matter what we like about them. And it also depends on our capability with those.

Of course, in my situation, cryptocurrency is my priority right now because of the upcoming bitcoin halving, and after that, the bull season will follow. If I'm lucky enough to make a good profit here in cryptocurrency, I will also have the opportunity to buy real estate and also build a business.
260  Economy / Economics / Re: How to avoid over expenses and have discipline on: November 08, 2023, 03:15:18 PM
I think that to avoid over expenses a person must experience first what it is like to live under pressure of owing money to someone. Real life experience is what differs theory from practice. We can say a lot about making budget, planning, avoid impulsive purchases. But people would still get tricked by taking wrong decisioins. But if we already know what will life would be, when we have already burned, then it will be much easier to avoid.

I just think that we can no longer avoid overspending in the reality of our lives. Whether we are rich or poor, we experience it; the only difference is that the rich will not feel that they have over expenses.

It's not like people like us or me who can feel it and notice it, but as much as possible, if we can avoid it, let's do it so that there is no problem and we are not affected in real life. That is why having self-discipline is important.
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