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241  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: June 05, 2024, 09:18:06 AM
My investment investment now is only in Bitcoin but might be diversify or extend my investment to another projects but not now. The altcoins are still under my watchlist. And I will invest when altcoins market is interesting me to invest as for now they are not. Let me focus on Bitcoin for some period and when the altcoins move upward to the stage that is good to invest and I have interest to invest then I can do that.
Ethereum as others have said it would have been the good altcoin to invest but it is not doing well for now.


Also, I see your second option which is Ethereum as moving around a circle, as Bitcoin and Ethereum will always be moving in almost the same way. They will earn almost the same multiples of income for you or make you lose in that same magnitude as well. This is why I have Bitcoin in my arsenal and avoided Ethereum, but only invest in altcoins that do not have many similarities to Bitcoin when it comes to the way they behave during their selling and buying times. Although, I trade Bitcoin and Ethereum all the time on the futures market, but on investing them, I am so careful not to waste my time while my money is being wasted with them when other altcoins are seriously performing well. What a waste would that be.
I was also all about Bitcoin, investment alone when I first entered into the crypto space, this is because I was cautioned about the risks of scams in altcoins. But now that I have increased my crypto knowledge, I can make my own research and invest in profitable altcoins because as an investor I should be profit-oriented, and it's not too profitable for all my funds to be in one cryptocurrency. Bitcoin is undoubtedly the most reputable and trusted cryptocurrency, but there are other cryptos that have also built reputation and trust in the crypto market, which will make investing in them a good business decisions. Despite what Ethereum, is at the moment, it remains a very trusted crypto coin.

The altcoins that I trust most is Ethereum, at the top, BNB Solana and Shiba Inu, I choose them because they're still relevant in the crypto market and I believe that they have potentials to be bullish in the alt season. Then there are other numerous projects in the market that can give profit on the short term, but investors needs to understand that investing in most of them are gambles, so DYOR.
That's the spirit! Diversification is key in investments, especially at this time when the price of Bitcoin is heavy enough. We should think of how we make more money (but also in a safe environment) rather than believing that it is Bitcoin alone that can do it. Those who have been diversifying their portfolios since last year who know how much they make in multiples of what Bitcoin long-term holders have made, which is the gist here, it is all about the money unless we are deceiving ourselves.

However, my situation was a bit different from yours when I started investing in cryptocurrency, and as a matter of fact, I joined Bitcointalk before I eventually started with crypto investment. But I've known about cryptocurrency for many years before then, and if I am correct, I have known cryptocurrency since 2013 or even before then but I never invested, I was just using it as a payment system which I still regret today. When I started the crypto investment, I was only buying Bitcoin for months, which was the aim though. But later, I started diversifying when the price of Bitcoin was high and discouraging to me enough, I think this was smartness and I have never regretted my action till now.

Before I go, just some advice, you need to look lower than the top-rated coins to maximize your profits, the world of crypto is evolving gradually. So to make more money, you might want to try the popular Memes, Defis and newly introduced L1/L2 projects. I also like you to focus on TON projects, I think Notcoin has paved the way for that.
242  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 05, 2024, 09:01:40 AM
And one thing that I experienced when I tried holding one trash coin that I tried to catch up some its gains months back was that I wasn't having this peace of mind, Because right inside me, I know there's no guaranteed future, even though that the coin looked promising and later performed well but I wasn't still having that peace of mind I have holding my portfolios in Bitcoin, and obviously I can tell from this experience that holding those trash (shitcoins) is just gambling your funds.

This is your choice, my friend, if Bitcoin is the only one that gives you peace of mind and you fully know within yourself that a coin is truly a "Shit"coin, why then still invest your money in it if you are sincere with yourself? Like me, I make sure that I go for the best choice that will give me the rest of my mind, so I will never term them shitcoins because I have never regretted investing in them, they are just altcoins which is best described by the alternative to Bitcoin, so they are not automatically worthless like many would want people to believe in favour of Bitcoin. But when it is becoming a shitcoin, I wonder why on earth anyone would want to invest their money in such a coin that will "shit" them indeed...lol Or perhaps you are trying to make it look like that, and if you do not mind, I like to know this coin you called a shitcoin.

However, if it is not worth it really, why not just avoid it next time and go for only coins that will give you the rest of mind and add positively to your crypto portfolio? I diversify my portfolio just for you to know that I am not investing in Bitcoin alone, and especially at the high price of Bitcoin, it is a disadvantage for me no matter what anybody says to me. As an investor of over a decade before Bitcoin, I will not be sentimental as though it is the only one that will give me the rest of mind in the crypto industry, no, I can only say that it is the most reliable in the industry. It is worth knowing that I have my sizeable amount of Bitcoin as well and I will continue to play smart between Bitcoin and altcoins depending on my feelings and speculations, and not what the internet or anyone wants me to believe.

Whether you diversified your portfolio or not, it doesn't change the fact that there are shitcoins out there and you never can tell which one can disappoint. However, don't know what you understand by shitcoins, but when I said shitcoins, I meant those coins which have no value attached to it or have a utility case but due to the hypes around those coins and the community they've gathered they were able to gain attention, take you for instance, there's a particular meme coin right now called Notcoin which has gained popularity recently in the crypto space.

It doesn't mean if I hold Bitcoin I don't try something else, but rather expressing my experience the times when I held some of those shitcoin which I don't have holding my Bitcoin,  because for BTC  even though that the price drops, historically there is a hope that one day it will come back to you unlike when you hold any of the meme coins, and it dumps on you.
I understand you very well and I under the meaning of shitcoins even more, but the reason why you know that a coin is a shitcoin, and judging by your damning definition about it, you still went ahead to invest in it and continues to label it a shitcoin, that's what baffled me to say the truth. Frankly, your condemnation of shitcoin here is enough for me to believe that you will never go near it and if at all you would want to invest in anything apart from Bitcoin, you could have resorted to other altcoins with good projects, prospects and value instead of tshitcoin. I hope you get the gist now and it's not a big deal at all.

Besides, I can see your high confidence in Bitcoin, I wish I have the same confidence as many in this forumm but my vast experience in the financial markets will not let me. All I can say is that you should be very careful and not be too trusting, and don't ever be a blind follower of any asset or what anyone preaches to you. I have high hopes for Bitcoin too but it has limits, and above all, I will let the prevailing reality and my market chart lead the way.
243  Bitcoin / Bitcoin Discussion / Re: Is bitcoin gradually turning away from its purpose? on: June 05, 2024, 07:41:11 AM
Like the title explained it all when sighting towards the speculation or trade discussion section I mostly found out that lots of people are gradually turn away the purpose of bitcoin to mainly investment purposes and I mean to asked, was bitcoin created for investment purpose or it's for peer to peer to alternate fiat?

I would love to see different versions of input.
I thought differently when I first saw your headline but never knew it was for this purpose. Well, if you are talking about what helped Bitcoin to grow this much to the point that it is now in the mainstream of the financial market, you can't be talking about its privacy, anonimity and decentralization characteristics, you will be wrong if you did. Bitcoin is helped due to the trading, investment and the businesses built around it and not only about buying and HODLing your coin.

If yours was the only goal, then it will never grow to this level, you will not be able to even compare it with the staggering growth that would happen. That is why the earlier adopters and miners tried as much as possible to make it tradeable, which was the beginning of the success of Bitcoin. And don't forget that Bitcoin was created to rival fiat and cover up for the excesses of it and also reduce the control of the government and other authorities dealing with fiats. If its core purpose is limited to what you iterated above, how would it be able to do to all that?

Conclusively, in my opinion, everything useful Bitcoin is being used for today are the main reasons why it was created.
244  Economy / Service Discussion / Re: List Of The Longest Forum Signature Campaign Above 100wk That Left/Still Active on: June 05, 2024, 07:22:46 AM
From what I could see with the active campaigns that are more than 100 weeks, they are all casino campaigns, which is more reason why users should respect casinos here, they've stayed during thin and thick times. This is unlike how some so-called reputable users made the whole episode look a while ago when they were intoxicated with m!xers opportunities and others.


It is like a win-win situation for both the forum and the casino because it helps the forum active by incentivizing the quality posters and also they got their brand value established which will definitely bring more positive results in their business. And I am sure some of the campaigns closed not because of lack of business but because they had enough promotion and some ended because they couldn't cope with the competition among new casinos in recent days. It's good to know that I had been part of a few names in the list for long period and it's a privilege to be a part of their journey on bitcointalk.
That is the gist, and technically, we need each other to grow, but my main point is that the casinos and sportsbooks keep the cordiality better than any other sectors, which is commendable. Also, the traffic here is no joke and I believe the companies that value their marketing will always give this forum a try.

As for those campaigns that had left, I believe that it could be for three main reasons; First, it could be due to some financial constraints, second, it could be that their target plan on campaigning on the forum is reached, and third, it could be for their impatience at times.

Some companies need the best results immediately, but it is not automatic. Consistency is the key and I believe it is what the casinos that have been dealing with the forum for long are enjoying over time. It is not all the week they will have some kind of satisfaction, and in some weeks they will be satisfied with the results beyond their expectations. How would those who rushed out know that?
245  Economy / Speculation / Re: Will Bitcoin Always Be in an Uptrend? on: June 05, 2024, 06:56:17 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I am never surprised about what is happening in the world of Bitcoin now, I knew a thing like this might happen where the coin would be begging for liquidity to reach some certain high levels. This is mainly because of FUD and the fact that it has reached a high level that is discouraging for investment, as investors would not want to easily commit their money to it at a high and risky level.

Fine, the ETF saga helped Bitcoin to rise, and that happened before the much-anticipated halving which is now becoming a discouragement for the coin as Bitcoin was unable to hit its ATH after halving till now and it is gradually nearing 2 months now after it. The ETF filing of last year and the dramas attributed to it have changed the narratives in the world of Bitcoin which I believe is not so symbolic in terms of liquidity attracted to Bitcoin itself but only for the sentiment created.

Yet, after the ETF has successfully been approved, what has been so significant about the direct investment into Bitcoin through it? That has been my plight initially that people seem not to understand. This is because Bitcoin is accessible by itself without ETF, so the ETF that people hyped so much might not attract as many direct investments as people thought, just as we see today. Well, time will tell and we are patiently watching. Regardless, for now, nothing serious is to be expected unless the ATH at around $73,850 is breached upward.

I now trade Bitcoin 3 to 4 times a week and it is profitable for me
Whoa, nice to read that! I've always said that it is the smartest traders/investors who will earn more in Bitcoin. It is not always about how you know to HODL it or trade it for some sort of long-term system, but the best way you can be smart about it is to maximise your profit, and you may be making multiples of the income that those who are HODLing it are making. You can imagine what those investors who always buy Bitcoin when it moves lower and liquidate it when it shows a serious sign of a retracement or reversal would gain? For them, they would have made a huge amount of money because they would have completed many trades by now even as those who HODLs would have gained a little depending on where they struck the market. That is the spirit and I know this early enough due to my vast trading and investment experience. However, it is good for anyone trying to practice this to sharpen their analytical skills and make sure that their speculations have a very high degree of accuracy.
246  Economy / Trading Discussion / Re: FTX will repay everybody 118% back on: June 05, 2024, 06:35:41 AM
I apologise if there is already an active thread on this but I couldn't find one.

According to the bankrupcy company. They are planning on paying the claimants back 118%. This is confirmed by their twitter account. FTX Official

Quote

There are also companies that are buying claims at 99% according to some Reddit users.

The 18% extra is an interest that they are adding.

So in the end everything worked out... customers were actually made "whole" like SBF promised.
I read this news a while ago, maybe about 2 weeks ago if I am correct, but I never gave it much thought until it happened "because seeing is believing." I sounded that way because Mt. Gox will always be my reference point, it is one promise over the other for so long, so I will only believe what I see with FTX.

However, if they are able to pay, it will be very lovely, and it would mean that if not for the exposure of SBF by CZ, he would have been able to manage his way out though and everything would have been fine with FTX. Though I am not in support of his actions, but still, companies always have their sh*ts, only that they know how to cover it up more than each other and the magnitude of their ugliness varies.

Above all, a special thanks to SOL and the wisdom of FTX to invest massively in it. If not, I wonder how they would be able to achieve what they are planning this soon.
247  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: June 05, 2024, 06:15:06 AM
We can lost a bet through our greediness all in the name of increasing the chances for winning bigger amount, in gambling, the higher the risk the higher the winning amount because the odds do increases along side, maybe if we would have settled in for winning small amount and having this continuously or occasionally would be more of advantage to us than aiming big ad having no single opportunity for winning at the end.
Many things can cause a gambler to lose a bet . Of course greed is one of them and in fact I would in this case even tag it as the worst of them all. I have come across cases where a gambler continuously and consecutively hit jackpots for some period of time and instead of them to pause and take a break they continue to stake even to the extent that some of them stake the whole of their previous wins and unfortunately end up losing it all. In fact the idea of being a responsible gambler also entails being able to place bets logically by knowing only what to stake but also when to take a break .
Greed is a very bad attitude in gambling and no gambler is safe from it unless the gambler is disciplined and determined to do the right thing. No serious gambler should just be gambling without a budget and plan, the absence of this is what causes greed, and unless the gambler does not follow his plans and the management calculated per session, then greed and other emotions could creep in and this can't be good at all.

However, I still do not see greed as the worst issue in gambling because it could be momentary, what I see as the worst issue in gambling is desperation as a context. It doesn't matter whether it is the desperation for the money or desperation too achieve a goal through gambling, so long as gambling is involved, then an issue will surely arise.

Desperation also works hand in hand with fear, so I fear fear in gambling than greed because greed is done in a relaxed mood but desperation is birthed by many issues which include fear and could result to something worse if care is not taken. Regardless, the two are bad and we should do all we can to avoid them both.
Greed isnt temporary. This primordial impulse promotes ambition, innovation, and healthy competition. Some ambition never hurts, right? I believe a good dosage of greed may motivate us to realize our best potential and surpass ourselves. Harness greed and use it for good. It takes discipline and a good strategy. Clear goals, good bankroll management, and knowing when to quit are essential. Folks, ambition and wild recklessness are fine lines.
I fully understand what you are saying and where you are driving the whole gist towards, you are correct in a way, but it is clear that you do not understand my own point. Fine, greed could infest anyone, but when it has taught you one or two bitter lessons, you will be more experienced and be smart next time. I've experienced this many times and it has helped me to be cautious of huge betting that causes deviation from my plan no matter how confident I am about the game as nothing is perfect and no one knows when the luck will run against him.

So avoiding greed and sticking to the plan is the way out, that was why I said it is temporary, at least for so many, unlike addiction. Addiction is such that will take hold of you then and later after unless you are healed. This could only aggravate the greed in the gambler which is what I believe you are mistaken of. If someone is addicted and is also greedy when he is betting, what do you expect? More losses and more irresponsible gambling of course. But greed as a context just infests you and leaves you since you are not addicted. Take for instance, a certain person who has $2000 in his gambling account and plans to gamble with just $500, but on a closer look at the game, he now got greedy through overconfident and used the whole $2000, but sadly lost the money.

Don't you think he will think twice to avoid the same next time? That's what I am talking about. First, he was never greedy until greed suddenly infested him at that point of betting, he never planned for it, and immediately he lost bitterly, his psychology was reset back to normal with regrets and might never repeat it again. While some will repeat it for some more time but will still stop later because it is not positive for them. This is why I said it is temporary, it gets hold of you at that point of betting but leaves you after having left a scare later.
248  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: June 05, 2024, 05:49:56 AM
Have read most people topic and comment especially the newbies and have noticed that they are always interested in trading more than holding, and of a true trading gives more profits from my own understanding that is why everyone wants to venture into trading. But have we also considered or remember that most of the compliant here is about trading scam or exchange scam. Since is as a cause of trying to fund their account to trade or either trying to withdraw funds from the exchange.
I have a different view to yours as though people could initially want to trade more but over time that it has taught them enough lessons, they always reverse back to invest their cryptos, or better still, try to engage in both trading and investment, but now, with less trading and more investment. This is my experience based on the testimonies of people and they often testify that trading is way more difficult for them with a high risk while investment is a lesser evil if done properly, and more reason why they abandon trading pretty fast.

It is those newbies who are not well-informed who are so kin to trading even as they believe it is their area of answered prayer, but neglecting the fact that even though trading is opened for all, it is not for everybody by virtue of its risk. It is only meant for seasoned traders who have won the test of time by consistently earning for a long period. The expertise and success of these kinds of traders are not questionable, and it is not all traders who can get to that level regardless of how many years you've been trying to make money out of trading.

But I do not know where the scam is coming from relating to crypto trading to the point that it looks scary the way you constructed it. Fine, those traders who are trading with huge amounts of money could still be affected by the greedy exchanges, but for traders to be trading with about $50,000 or less. Still, I do not believe there is much issue with good exchanges regarding this. Unless you are trading with bad, new or illiquid exchanges, and by that, you are inviting issues to yourself. It is good to trade with the top-rated ones, this will however not completely exonerate them from all faults, but the money would have been so huge before such complaints could be happening, which I also believe will still be recovered like the ones I have read in the past.
249  Economy / Exchanges / Re: Is trading on CEX still worth it? on: June 04, 2024, 03:45:10 PM
These days I buy most of my tokens especially altcoins on decentralised wallets like Jupiter or metamask and I only trade on CEXs when they list tokens I already own and I send my tokens there

The only time I buy tokens on CEXs with my credit card is when exchanges have zero fees events or events like a rebate on a deposit you make like the one Bitget currently have and other CEXs like Binance, kucoin etc.

Do you guys think CEXs are still worth it? Let me hear your thoughts
I am confused about the reason why you buy your coin with self-custody and still have to send it to CEX just because of fees. Won't they charge you for buying through Jupiter or Metamask? Certainly, they will. The gateway companies used and even the credit/debit card companies will charge you more.

This is unless I am missing some points in your statement. I think that it will be fair for you to even use the CEX to send the crypto in and send it to your self-custody wallets for keeping and sending it back if there is a need for it. By then, you might have reduced the amount of money you would have been charged to some extent.

Through P2P, you can get your coin/token without any charges, and if you cannot get it directly through P2P due to the lack of popularity of the coin, you can easily exchange the popular ones you can buy through P2P for the coin/token of choice with a reduced rate. This is what I do though, and it is cool unless you have another reason for doing what you explained other than for the charges considerations.
250  Economy / Trading Discussion / Re: Achieving a goal on: June 04, 2024, 03:17:08 PM
If you are in the field of cryptocurrency, you should really study here first and saturate yourself with the things you should know here so that, in the end, you can get a good profit here. Although it's not really easy to learn this crypto trading, it's no joke from my experience. 

Because here in the cryptocurrency business, not only capital is needed, but you also need investment effort and strong determination and passion to succeed. You can't just have a positive mind here; nope, it's not like that; it's like you're really gold here; you really have to go through the furnace of fire to determine if you're really like real gold.
Of course, this is very important for us to understand well before deciding to enter crypto. As you said, it is not easy to learn crypto trading, it requires patience and we also have to really focus to be able to trade by making a profit on the trades we make.
If we only rely on capital and try to trade, of course it is very likely that we will make mistakes in the trades we make which will result in losses in the trades we make, of course this is not what we want.
On the contrary, it is very easy to learn everything about crypto trading and investment but it is not easy to earn all the time from them, especially in the trading aspect because the theoretical aspect is not the same as the practical aspect. But still, crypto trading and investment are generally simple, they only require that we treat them seriously and creatively, not that we will be slacking in handling them the way many people do. Anything crypto to me is a serious business, that is why I do not take them with any laxity and my prior experience in the field before the crypto era is helping me quite well as the same scopes and methods are applicable to all of them.

However, I implore traders to focus so well when they are learning the theoretical part but pay more attention to the application part which is the most important since it is what will make sure that the trader/investor earns, not the theory. But if done badly, such earnings will never come but will amount to losses instead. If traders are trying to earn this way, they should focus on the "management and psychology" part above anything else, and they should try to have at least a very good trading system and have a viable plan to back this up as well.

If all these can be put in place and the trader/investor is disciplined as well, I am certain that success is lurking pretty fast.
251  Economy / Economics / Re: True wealth comes from income when you sleeping but earning on: June 04, 2024, 02:56:38 PM
3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
For staking i have different wallets and on exchangers and different coins 
No matter how little you earn by doing nothing but if you can earn it you make more money from money.
My number one thing now is crypto staking on many different exchangers and self custody wallets stablecoins and altcoins.
Lol...bro, you are stretching this more than necessary, and be it Staking, DCA and Investing, all still mean the same thing since when you are staking, you are investing and DCA itself is a certain means/style of investment which is not an investment per se. But still, I understand what you are trying to say only that you never expressed yourself well. Investment is always good in all ramifications, once there is money, you should not let it waste away in the bank or inside a wallet that will not fetch you any interest or dividend. But crypto wallets are not included in this because they are not worthless, and so far you know the right coins and tokens to buy and keep in there, you can be making way more money than you might have made if you staked your money.

Staking is a way to earn a reduced amount of interest and a similar way to imprison your money just like the way you keep it in the bank or in such a wallet (not crypto wallet) that will not give you much interest/dividend. This is why it is good to let it lose entirely by buying and keeping it in a secure wallet with a good crypro asset. This and only this is the way I know that your money can be yielding highly for you if you select well even while you sleep or practically do nothing after buying the coin/token.

But if the focus is not on cryptocurrencies, good stocks and equity are available, one may also invest in gold, the energy market, properties etc. Or find a company with a good package of deal. They are all good means to make huge returns doing almost nothing.
252  Economy / Exchanges / Re: fees are very high on: June 04, 2024, 02:25:10 PM
i have some crypto on poloniex, i was looking to send some crypto i saw fees like:
btc:240$
usdc: 12$
dogecoin: 3.23$
shib: 6.26$

i am looking to send 5$ through crypto, is this normal these days?
What!!! This is insane and it better mean a different thing. Are you sure you checked this value very well and what they are meant for? Maybe you have mistaken them for the minimum amount that can be sent through certain means. However, if this is true, then you should know that it is extortion, and perhaps they do not want you to withdraw your money ever again.

I have never used the exchange and this thing we see simply like this may even play through with some customers who didn't know the fees chargeable but just made the transaction as fast as possible and were charged $240 for BTC transactions when the mempool is not congested.

This is inane and I hope it is not true. Why not trash it with the support to know if it is true or some sort of error, as I do not know how an exchange will compete with the prevailing market by discouraging customers and intending ones this way.
253  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: June 04, 2024, 08:15:26 AM
My investment investment now is only in Bitcoin but might be diversify or extend my investment to another projects but not now. The altcoins are still under my watchlist. And I will invest when altcoins market is interesting me to invest as for now they are not. Let me focus on Bitcoin for some period and when the altcoins move upward to the stage that is good to invest and I have interest to invest then I can do that.
Ethereum as others have said it would have been the good altcoin to invest but it is not doing well for now.
Oh, I see! You are the type of people who have the sole belief in Bitcoin, well, this is not a bad idea, especially if you had started the investment when Bitcoin was low in price. Otherwise, it may not be so convenient for you because you will not earn so much through it. I am an investor, which means that I am not a Bitcoin investor only, so I cannot be investing solely in Bitcoin. There are enough opportunities in other crypto projects and as you may not have earned any reasonable amount in Bitcoin in the past few months now but had it been you invested in some coins, you might have made 5 times your money easily.

For me, this is not about the love of a certain crypto project but to "invest" and make as much as possible money as I can. Opportunities come but once, so we should try as much as possible to maximize the opportunity we have now before it is too late.

Also, I see your second option which is Ethereum as moving around a circle, as Bitcoin and Ethereum will always be moving in almost the same way. They will earn almost the same multiples of income for you or make you lose in that same magnitude as well. This is why I have Bitcoin in my arsenal and avoided Ethereum, but only invest in altcoins that do not have many similarities to Bitcoin when it comes to the way they behave during their selling and buying times. Although, I trade Bitcoin and Ethereum all the time on the futures market, but on investing them, I am so careful not to waste my time while my money is being wasted with them when other altcoins are seriously performing well. What a waste would that be.
254  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 04, 2024, 07:17:02 AM
I just voted that Bitcoin would hit $75,000 this month. I was one of those who voted against it hitting higher targets last month not minding the fact that it was the next month after halving. My reason was reasonable enough, and truly, Bitcoin never hit its ATH last month not to mention moving higher than that. My trading chart talks well to me, so thanks to it despite the view of others against it. The chart always guides me aright and with what I currently see on the market chart, I think that hitting the ATH again at about $73,850 is nearing day by day as the level is getting more exposed and the barrier is getting weaker day after day.

As of today, the market is again fully bullish in trend in all the short-term, medium-term and long-term dispositions, so what do you expect? And if Bitcoin could hit and break the current ATH, it would only take it less than $1,200 to hit the $75,000 set for this June on this thread/poll, so, it is feasible to say that it will hit the level this month. And for the fact that the daily chart has so much good news of holding above the strong MagicTrend support at $65,505 and 1D Fibo support level of 23.6% at $66,800, the significant bullish impact is lurking this month, so we should all expect Bitcoin to hit higher levels before the end the month.
255  Other / Meta / Re: Lol on: June 04, 2024, 07:02:45 AM
I have always known that it will only be a matter of time before AI behaves just like humans, and it will even be near perfection if the AI is specifically drawn from a certain personality like we see the attempts today. They will do exactly as the person does, so this should not be so surprising anymore. It should not be concerning as well since it is all about delivery. If what humans are expected to do is done exactly by the AI or even better, what is now the headache in that? This is what AI development is even driving at.

The world is evolving whether we like it or not and it will get to a time that you will never be able to decipher the difference between Al works and humans. And guess what, some of these tools would be free when the time comes.
256  Other / Meta / Re: Some question about merit source to know. on: June 04, 2024, 06:40:27 AM
So questions is-
  -Are all merit sources have same smerit generation?
  -Another question is once a merit source can be a lifetime merit source?  Or is it also pick and drop system like DTą
    member election?
In my understanding drawn from what I have read from many merits sources in many threads, they do not have the same smerit allocation, and some users' monthly smerits could be so much while others could be annoyingly low. The reason is best known to theymos, but upon request with evidence of usage of the ones you were given, I think he can adjust the allocation based on his discretion.

As for being a lifetime merit source, I think it is possible if you maintain a good membership/reputation and do not renege from the reason why you were given. But of course, if you are no longer active on the forum, what is your worth? For this, such a user's merit source status may be withdrawn.

There are other offences which may not be plain that could cost users their merit source status as well. So it could be slightly similar to that of the DTs but not as rampant as them.
257  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: June 04, 2024, 06:15:42 AM
I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.

When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin
All I can say in this regard is that the guy who wanted to sell all his holdings in Bitcoin is naive about Bitcoin. Although the price of Bitcoin is a discouragement now, the reason for him to want to liquidate his Bitcoin asset is not right as well, he should have educated himself better. Maybe he will later realise his mistakes, or he will be the one who will be proven right, either way, time will tell.

Nevertheless, in my understanding, the halving is a Bitcoin tradition that happens every 4 years and it has helped Bitcoin to grow in price even as it attracts more adopters to the coin. But the halving is not an automatic means for Bitcoin to appreciate in price, it takes time. The guy should have at least learned about Bitcoin and halving very well before running his mouth in discouragement. Looking at the chart of the past Bitcoin histories in relation to halving would have helped him calm his nerves instead of deciding based on what he did not know.

In some past Bitcoin chart histories, Bitcoin only moved significantly higher in post-having effect after 7 months in some cases. So buying is not automatic, but at the same time, if one is cautious judging by the high price of Bitcoin, it may be a very good reason to devest. There is no need to stop anyone from doing what they want to do.
258  Alternate cryptocurrencies / Altcoin Discussion / Re: Pepe in a Memes World on: June 04, 2024, 06:02:05 AM
Although there are always bad actors in the game, we still seek to invest in the right projects. This brings me to "Pepe in a Memes World" a vibrant project that celebrates the iconic Pepe the Frog as he navigates the wild and wacky universe of internet memes, Built on the Ethereum blockchain, I'm curious about your thoughts on such projects and your experiences with memes on the Ethereum blockchain.
PEPE has made a name for itself yet again in this bullish season and I will not be surprised by people hailing it once more. But one thing I would say is that people often forget very fast, and when it was falling so rapidly before due to its challenges, people were so discouraged and said all sorts of things, this is even as they continued to praise other meme coins that were performing especially Dogecoin. But now, PEPE has gained a very good status for itself, at least for now, and has moved more than 25 times its price of around the start of 2023, so it is a big one.

But still, we should be careful about any projects like this, especially when it is the bearish time of cryptocurrency as crypto works in a cycle. Some coins, especially the meme coins will move so annoyingly downwards then, for this, the goal of investors in meme coins like PEPE should not be for the long-term HODLing to avoid losing back what you've initially gained, but to hold for a while and divest when a bearish signal is detected for long-term disposition.
259  Bitcoin / Bitcoin Discussion / Re: Bitcoin can save you against inflation if you invest in & hold it some years on: June 04, 2024, 05:39:15 AM
I have read enough of similar remarks on this forum and outside it but the truth is that Bitcoin will not do more than its capacity. Fine, Bitcoin is an asset and just like any other asset, it can help us make money, but are you guys not considering the current price of Bitcoin as a discouragement for hedging against inflation? If you've not been considering it, it is high time you start because it is a smart move and it shows who you truly are for being slack about it. We should not mistake this, that those who struck Bitcoin when it was at a very low price are the bosses now, they are the lucky ones who can have the advantage of Bitcoin to the fullest.

But those who are now striking it at high prices will not only make a small amount from their money but they are still risking their capital too highly. No one knows tomorrow, and can you imagine buying Bitcoins at $70,000 and in the next 5 years seeing them at $65,000? Do you think it is not possible? Then if you think so or do not use the current happenings around it where it lacks liquidity to launch higher than the current ATH as quickly as possible as a possibility, then something is wrong somewhere.

Bitcoin will not be buying automatically as many of you thought, especially when it is now in the mainstream of the financial market, it will have to behave more like a reasonable asset, unlike before.
260  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 04, 2024, 05:19:16 AM
DCA is going to be quite problematic for any coin or project that is generaly trending downard in its price... One thing about any asset with strong fundamentals would be that even if it is trending downward for very long periods of time, if the fundamentals are strong enough, then the downward trend should end up reversing, and sure it is not guaranteed to reverse, and sometimes we might not know that something is a shitcoin until it never ends up recovering.

Surely there are some shitcoins that end up having second lives, and so there could end up being some value in DCAing into them and then getting out during one of their recovery periods... but yeah, would we call that investing?  Probably we would call it trading and/or gambling... depending on how wild the coin is and if there might be some reasons that the coin/project actually has meaningful/substantial value beyond pumping and dumping.

But JJG the difference is that we do some analysis here and know that sometimes you trade fundamentals or you can trade the sentiment or information you have. Too many people are still stuck with terms like market capitalization or coin price. They have no idea, don't read basic material about bitcoin, fall for the most fancy techn language and check coinmarketcap for low market cap coins in hopes to see those rice to bitcoin levels. That is where it becomes stupid. You know these sentences "but bitcoin very expensive, trashcoin only $0.05, much potential". Some don't even understand the concept as mentioned above. When there is a coin that costs 1/1000th of bitcoin, but there are 1000x the number of bitcoins, they still think that it takes less money to push the price of that trashcoin that to push bitcoin upwards.

And one thing that I experienced when I tried holding one trash coin that I tried to catch up some its gains months back was that I wasn't having this peace of mind, Because right inside me, I know there's no guaranteed future, even though that the coin looked promising and later performed well but I wasn't still having that peace of mind I have holding my portfolios in Bitcoin, and obviously I can tell from this experience that holding those trash (shitcoins) is just gambling your funds.
This is your choice, my friend, if Bitcoin is the only one that gives you peace of mind and you fully know within yourself that a coin is truly a "Shit"coin, why then still invest your money in it if you are sincere with yourself? Like me, I make sure that I go for the best choice that will give me the rest of my mind, so I will never term them shitcoins because I have never regretted investing in them, they are just altcoins which is best described by the alternative to Bitcoin, so they are not automatically worthless like many would want people to believe in favour of Bitcoin. But when it is becoming a shitcoin, I wonder why on earth anyone would want to invest their money in such a coin that will "shit" them indeed...lol Or perhaps you are trying to make it look like that, and if you do not mind, I like to know this coin you called a shitcoin.

However, if it is not worth it really, why not just avoid it next time and go for only coins that will give you the rest of mind and add positively to your crypto portfolio? I diversify my portfolio just for you to know that I am not investing in Bitcoin alone, and especially at the high price of Bitcoin, it is a disadvantage for me no matter what anybody says to me. As an investor of over a decade before Bitcoin, I will not be sentimental as though it is the only one that will give me the rest of mind in the crypto industry, no, I can only say that it is the most reliable in the industry. It is worth knowing that I have my sizeable amount of Bitcoin as well and I will continue to play smart between Bitcoin and altcoins depending on my feelings and speculations, and not what the internet or anyone wants me to believe.
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