I'm wondering where the OP got these. It's both funny and confusing and doesn't sound like any specific advice, but even if it's advice, the OP can share the results from applying these things.
I am about to say that OP could have probably gotten this with the help of ChatGPT or any AI content generator for that matter but honestly speaking am sure AI could have written a much more coherent post. Anyway, some of the advice can be good, if applied though one can be confused on the things OP is referring to. Surely, this does not concern DeFi at all and I am speculating this is more of freelancing and self-development. |
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The UK bill that just passed is focusing on Bitcoin that are utilized in cybercrime, scams and drug trafficking. While I am not pr se against this law, I think there should be enough level of transparency by making all the information and details on possible seizure. In the first place, this is not so surprising anymore and we can expect more and more countries adopting the same measures with the end view of protecting the people from unscrupulous agents...but of course we should also be watching that this is not abused and must not be used to kill the cryptocurrency industry.
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Let me have your opinion on how Bitcoin increase benefits you .
Of course, any increase with the price of Bitcoin can mean the availability of possible PROFIT if one will decide to convert his holding into USDT or even real cash. That is at the top of the heap. Next, with the increase just like what we are experiencing right now, the mainstream media will take notice and so Bitcoin becomes more popular and possibly more and more will be buying their BTC from the many centralized exchanges we have around. |
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Certainly, Bitcoin is empowering people most especially on their financial lives. In Turkey, many people are adopting Bitcoin all because they want to protect their wealth as the hyperinflation is eating away their purchasing power. Now, can Bitcoin be used in times of war? BTC can be utilized for transferring assets anywhere in the world but one must have internet connection to complete the transactions and in a specific area there must be establishments that will accept BTC as payment and must have platforms that can convert BTC to fiat money. You see, there are many factors that must be present in order for Bitcoin to effectively be useful. And I agree with the notion that Bitcoin is not the cure-all remedy of the many maladies affecting humanity since the start of history.
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Bitcoin and Tether are different types of cryptocurrency. bitcoin is a peer-to-peer digital currency governor by any financial institution.
Let's clarify this statement. I don't think that Bitcoin is governed by any financial institution...maybe you are referring to USDT and you are right since it is a stablecoin released and managed by a specific company and that it means it is centralized. Bitcoin is very much decentralized so nobody is controlling it though its price in the market can be manipulated by those who are holding huge BTC in their portfolio. In between the two, this is akin to comparing apple to orange...both are different and are having different functions and features. |
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I hoped you did your research well for the history of the price of BTC for the past five years. Of course, there is no question that just within that time period Bitcoin made a very impressive growth leading to the present $34K level...and with 2024 scheduled to be its halving and the offing ETF approval many experts are now telling us that there can be a big possibility for a bull run in 2024. Will BTC be reaching a new ATH next year? That is something we should be excitedly watch for developments. One thing for sure HODLING is the best strategy one can do especially if one is not a certified trader.
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Yes, of course, I do remember Yearn Finance for its very impressive run many monsoons ago...when it even reached higher than the price of Bitcoin but right now the ongoing price is on the $5K level so there is a big gap between the present and the past. Would it be a good addition to one's portfolio...or better yet does it have a strong potential to also carry its torch in 20224 in case there can be a bull run? I am not so sure about that as the hypes and excitement must have left YFI a long time ago though I am not wishing any ill towards this platform as I don't want its coin holders to get hurt in case it can slip further in value.
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One of the main reason why it seems digital real estate could not be sustainable is that its perceived value is so less than the real one...and honestly speaking all can be based on hypes just like the many crypto-based projects that already faded into oblivion and are now dead under the ground...sadly it is the investors or the supporters that buy these assets that are holding the empty bags. Real estate is supposed to be so valuable and must be appreciating in value...sadly the same can't be said with the digital version. Why? Mainly because real estate costs money to build while compared to its digital counterpart the cost can be miniscule. In the digital world, you can create as many planets as you want...but in reality there is only one Earth where life is possible.
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One of the noticeable altcoins that successfully started and so far created an impact is the Arkham (ARKM) platform which the main aim of deanonymizing the blockchain. Arkham got some stir in the market months ago all because of the airdrop scheme it implemented which, of course, led to many making a good amount of money - unfortunately I failed to be a part of that airdrop. I am sure this project will continue to be making its name in the world of cryptocurrency as long as the team will stick to their solid vision, mission and goals.
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Anyway, I agree that DCA is the most recommended strategy investment so far, that is what I commonly see when I engage or read some of the posts on trading and investment tips topics. I know it is not too late to try, maybe soon so I can test it on my end.
I have already heard many good things with using the DCA strategy though I have not yet applied it with my crypto investment portfolio. Maybe one thing that strikes me with DCA is the consistency that one must follow in order to get the results one is looking for on the long-term basis. Since most of us here are not on the millionaire's club level, DCA can offer the path towards financial freedom looking down the road. I am surely taking a good look at DCA and it can be applied to my situation as a small investor. |
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I have had a bit of bad experience with forex trading I don't know if it because I was not knowledgeable about trading and also depended so much on their party. Since I was introduced to forex trading via a third party, so my experience was not a favourable one and at that, I won't want to ever repeat the same again.
I think we have almost the same bad experience with forex and that is why I am more into cryptocurrency as I am more at ease here though I am not saying that forex is not a good investment vehicle as there are some of the people I know who are making a living with it maybe it is not just for me. I am more excited with crypto and the many possibilities it is bringing for us. |
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This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.
Congratulations on your brother for making the right decision at the right time. Surely, Bitcoin can give you a solid ROI but as always there are risks involved...as Bitcoin is very volatile digital asset meaning it can go up and down anytime and even for no reason at all. Bitcoin is known to an investors' haven as there is a big potential to make a considerable profit here...but you must act when it is good to act and always listen to the market and maybe even listen to your gut. Anyway, holding on to BTC with the idea of 2024 being a bull year due to its halving and the possibility of ETF approval can prove to be the best decision to do. Note: this is just my opinion. |
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I have a hard time getting into the site of this project...must be my slow internet connection interfering. Now, since this is a new project we should always look at it with suspicions especially that it is soliciting investors or buyers of its coins. While I appreciate a program that pays entrants to promote the same to their friends and family, the scheme can be a red flag in itself or maybe can be branded as just another pyramid scheme to suck people's money into the program with promised benefits...and then suddenly it will be gone to heaven or dead six under the ground. Now, am not saying that everything I am posting here can be true but we can never be too careful most especially that now the interest of the public with cryptocurrency is slowly soaring with the news of the coming halving and bull run of Bitcoin in 2024.
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This token manage to pump an insane 1000%+ in a few weeks despite the bear market and completely erase the profit after 4 days.
An amazing pump and an equally amazing dump as well. I don't know but I think I have seen this same story written all over the cryptocurrency industry...an industry that is now known to be full of scams, failed project and manipulations. This is not me saying there are no good platforms or projects even shining their brightness right now because we also have a plenty but then it is discouraging to see many investors and holders who became victims of this pump-and-dump scheme, at the end people who are holding empty plastic bags with sad faces. Unfortunately, this LOOM story is not going to be the last. |
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Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
You see this is a popular problem with many people - maybe even including me lol - who are interested with cryptocurrency. Many of us can be seeing the hypes and the excitement happening right now and so we see the rise of some cryptos' prices...and so we are encouraged to "invest" but then we are thinking that since they are already growing then its possible that profitability may not be that high...and so we decide to pause and maybe even forget about it. Time comes and later on...we see the market experience some dumping and then we think maybe it is time to "invest" but then we are doubting our action because we analyzed that maybe the market will keep on going the downtrend line...and so we pause and let go. All I can say is learn more on the digital asset you are interested with and determine if it is really carrying some value and when its prices can go down then buy. However, this does not constitute a financial advice as I am as naive as you. |
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You need to be a little more specific, what kind of cooperation? Are you looking for developers, marketers, investors, or something else? Also, I'm sure many forum members would appreciate at least a hint or general information about the project before they decide to reach out.
I can assume that the OP has an idea that will bring millions of dollars in profit, but this requires an investor willing to pay for the banquet. And I can also assume that he will not find such an investor here on the forum, since such ideas are generated too often by newcomers. I would not be investing my time and effort on something like this...no matter if this can be bringing me millions which I am doubting in the first place. To look for partners, one must be presenting the idea and concept well and make sure that its viability and profitability as well as sustainability are not questionable. And for sure, a newbie here still lacks some level of credibility. However, am still wishing OP the success he is looking for. |
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Right now, most of my wallet transactions are done with TrustWallet though in the past I lost coins with it worth $100 at that time (right now that value shrink to just $10...oh well) but that maybe my fault as I was then naive not putting a password with the wallet. Now, this is actually my first time to learn that Binance had acquired TrustWallet for good...I must be living in the cave to not to know this news. Anyway, back to your main question...I don't any reason why Binance or CZ would prevent TWT from reaching its highest potential with price especially in 2024. When you own something, you would always be happy to see its value rise...and you can even sell the tokens you are holding for that platform so as to cash-in and get benefitted with its rise too. Therefore, it is good for the interest of Binance for TWT to maybe one day reach $5 - now this is just my speculation and don't trust a naive like me.
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We are now entering a new era of cryptocurrency as well as stablecoins with the interference of the government and the past experiences the market has had. In most cases, a stablecoin can be frozen when there can be legitimate question especially on its origin and this can happen if there is hacking or even maybe illicit business transactions. Now, of course, this is censorship and this is being encouraged by the government itself with the issuing entity always pressured to do so. We should always remember that stablecoins are products of a centralized platform hence that platform must toe the line with the government otherwise there is that risk of its business. And as we are seeing in the market today, stablecoins are playing a pivotal role in everyday transactions in the crypto-verse.
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Both good use-cases but we know that when it comes to excitement and enthusiasm I think it is Dogecoin that can win the game...with the usual support of no other than Mr. Elon Musk, of course, who is always on the news. Now, having said that, I would not kick Litecoin down the road as it too got a big potential to soar especially in the coming bullish 2024. So. why not just choose the two...with maybe Dogecoin taking up 60% of the total allocation and then Litecoin getting 40% of the share. I am hoping that holders of both coins will be smiling in 2024 all the way to the bank.
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