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261  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: May 02, 2024, 02:23:27 PM
Old investors understand that halving isn't the only thing to increase the price. Halving is just a trigger for a high pump on Bitcoin price. However, the price won't suddenly skyrocket, it needs some months. Since they are the old investors that may experience some previous halvings, they know halving bring positive impact for the long run of Bitcoin price.


I have seen some threads asking about why bitcoin is not increasing in price even though the halving was completed in the last 10 days and I think these people are people who have never experienced a halving before . many investors are discouraged and may leave the market if bitcoin does not increase in price in the coming days , and that is why I say that at this time there are not too many new investors entering the market.  And the number of investors may also decrease temporarily at this time.
I just experienced halving for the first time but I didn't ask about it Cheesy so I think there may be some people who have just experienced halving who ask about it but most of those who ask are those who really want to find rich momentum instantly not for the long term so that when halving occurs they will think that the price of bitcoin will accelerate quickly but in fact for now their initial expectations are not going well even though if you look at the current bitcoin movement it is still a bull run.

They do not have strong beliefs for the long term and only want to benefit quickly by utilizing the moment that occurs (in this case halving) which makes them always ask for an increase after halving even though when they are really sure about bitcoin I think they will be more relaxed because indeed their target is long-term.

Not all newbies or people who have never experienced the halving ask this, just some of them. And I agree with you that those people are looking for quick wealth from bitcoin but things are not going as they expected.

But I want to ask you, do you feel worried when bitcoin does not increase in price and even corrects after the halving? A lot of people are confused and depressed because bitcoin is correcting and many are even starting to predict bitcoin will drop to $50k. I guess people who fantasize about getting rich quick with bitcoin when the halving happens will be very disappointed and are selling their bitcoins.
262  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 01, 2024, 07:48:29 PM

Quote
Tuchel again on Bayern's Uli Hoeneß comments: "This is actually so far away from reality that I wouldn't have reacted to it at all if it hadn't come from Uli".
"The fact that comes from our boss before Real gives it a different flavor. It offends me deeply as a coach".
https://twitter.com/FabrizioRomano/status/1784493000594477346

Honestly, I really do not care about how the performance has been from a coach, a crucial time for the club and they have decided to talk trash about the coach at this very moment. Yes, I see that the performance has not been the best from the club. But they are currently chasing the champions league title and this is not time to talk about the shitty performance that the coach has delivered. I personally think that was really unprofessional.

I also understand why these things could be sad at the same time. but these things if said by the fans, were not going to make him so sad. The authority should never actually talk like this. The biggest problem is there could have been a conversation like this between them and it wouldn’t have been a problem if this was not out in the media. But what do I understand, they are professionals.
263  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 29, 2024, 04:56:25 PM
Liverpool plans to win the trophy were suddenly lost due to mistakes they made themselves, their poor performance against teams at a level below them meant they were knocked out of the hunt for the EPL and Europa League trophies. Being five points behind Arsenal is very difficult to catch in the remaining three games, especially since Liverpool will face Tottenham and Aston Villa in those three games. There is no longer Liverpool's goal other than securing a position in third place, it seems that Klopp's farewell was not as expected because they were unable to win a single trophy this season.
It can be said that Liverpool's efforts to win the title this season have failed even though this season is still not finished. However, with very few matches remaining and the opponents that Liverpool will face are opponents that are very close to them in the current League table, it will definitely continue to make it difficult for Liverpool to get full points. So the fight for the EPL title for this season is only focused on two teams, namely Arsenal and Manchester City because both of them still have a very close distance in points so the opportunity to win is still very open and the determination will occur until the last match of this season.
Even though Liverpool failed this season it doesn't mean they just ended the season without getting good points so that their standings are maintained well even though they are in third place, at least it is still considered good because they are still in the European zone and this week's meeting is against Tottenham Hotspur It seems that Liverpool have prepared good stamina and physicality because at the end of the season they will really face big Premier League clubs in Liverpool's last two matches, they will face Arsenal and Man United, of course it will drain their stamina of course. Hopefully Liverpool can maintain their top spot. until the end of the season...

There is no doubt that Liverpool have performed brilliantly this season. And it is Liverpool's excellent performance that has made this title race so intense. If not for the poor performance in the last few matches, maybe the Liverpool team could have continued the fight for the title until the end of the season. Liverpool have won just one of their last 5 matches. And lost in two matches.

This was Klopp's last season with Liverpool. I thought Liverpool would win the Premier League or the Europa League. But suddenly the Liverpool team lost the truck. and have been eliminated from the Europa League title race. And now Liverpool have no chance of winning the Premier League title. I look forward to seeing who will be the next coach of Liverpool team next season.
264  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: April 29, 2024, 04:50:52 PM
Bayer Leverkusen is a great team that is doing well every where, in Bundesliga they are considered as the best team in the league no doubt about that and in the Europa League they are seeing as one of the best team that is fit of winning the league.  I really want Bayer Leverkusen to win the Bundesliga and europa league because they deserves it . If Roma and Bayer Leverkusen should meet in the finals I don't think Roma will be able to defeat Bayer Leverkusen because even in the Italian league Roma is not even in the top four best team for thus season but you can see that of Bayer Leverkusen doing well in Bundesliga,  even in europa league Bayer Leverkusen has performed better in their games.

The inconsistency has got to be one in a billion. It's already cleared up now, all the need do is go unbeaten in Bundesliga until the last days of the competition. They've already won the Bundesliga, all that's needed is for the league to be rounded up.
Xabi Alonso and the rest of the squad has done well. They have off course written down themz names in the history books as of the best sides to go unbeaten to this point.

I feel like As Roma despite whatever form they're in would hold down Bayern Leverkusen to a full-time draw game and I'm eighty percent sure and certain bout it.

Don't underestimate As Roma, they won against them last season to move to the finals. This season without Jose Mourinho would be totally different and I'm gonna see that happening.
It could be a Bayern Leverkusen and Marseille finals.

I actually do not think they are underestimating Roma at all. I think they are even giving the Europa League competition a lot more importance than The matches that they have left in the Bundesliga. Because they have already won the Bundesliga title. And I don't think it makes much sense to play a good team so that they can keep the unbeaten streak going off trying to win the Europa League competition. of course, there is no chance for them to underestimate Roma. Has been proved to be a big mistake even for really big clubs as well. And they are the ones with the story of an underdog beating everyone else. So I think they understand it very well more than anyone else about what could happen if they underestimate an opponent. But I still think Leverkusen is winning the Europa League title.
265  Economy / Speculation / Re: When will the real bull run begin? on: April 29, 2024, 04:08:35 PM
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?

Bull season is coming but no one can tell you exactly when it will happen, maybe in the next few months or maybe in the next few years. The only thing when investing in bitcoin is to be mentally prepared to hold it for a long time and maybe longer than you originally planned. Don't speculate with bitcoin and think you can easily make a profit from it. I mean, don't focus too much on news like ETFs or halvings, they can be factors in creating a bull season but nothing is 100% guaranteed.
266  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: April 29, 2024, 04:01:16 PM
I also think that current new investors still don't have much interest in bitcoin because they hardly care about the halving and don't even know what it is. What they care about is wanting to see the price of bitcoin increase, so when the market goes up, bitcoin also goes up, that will be when we will have more new investors than now.
Indeed. New investors probably don't understand what halving is. The don't care about halving but they are curious if there are something to make Bitcoin price increasing. The new investors may tend to be more interested in the current news like Bitcoin adoption around the world and Bitcoin ETF. These things make more sense to raise the Bitcoin price for the new investors.

I think new investors are like a blank page, they don't know anything and don't spend much time learning everything so the only way to attract new people is to create Fomo. That's why when the price increase season comes, we will see on the market there are many hyped meme and shitcoin projects that create x100, x1000 profits in a short time. They will be attracted to those things and rush into the market with the hope of becoming rich. But after many losses with memes, they will gradually realize that bitcoin is the only reliable investment.

I believe new investors come to the market for altcoins, shitcoins for their hype rather than bitcoin, but then the majority will invest in bitcoin.

Halving is the most anticipated event for long-time investors because they understand that it will create positive impacts for bitcoin as well as the market. But for new investors, they don't know what it is, so attracting new investors at this time is not effective.
Old investors understand that halving isn't the only thing to increase the price. Halving is just a trigger for a high pump on Bitcoin price. However, the price won't suddenly skyrocket, it needs some months. Since they are the old investors that may experience some previous halvings, they know halving bring positive impact for the long run of Bitcoin price.


I have seen some threads asking about why bitcoin is not increasing in price even though the halving was completed in the last 10 days and I think these people are people who have never experienced a halving before . many investors are discouraged and may leave the market if bitcoin does not increase in price in the coming days , and that is why I say that at this time there are not too many new investors entering the market.  And the number of investors may also decrease temporarily at this time.
267  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 29, 2024, 03:55:07 PM
Delhi looks cooked tonight and it appears they already lost the match and might end up boosting KKR's run rate for the final run.

Atm their best bet would be to play their 20 overs quota and try reaching the 150 mark and if Dew is not there then hope, their spinners also get a similar purchase from the pitch as Chakaravarthy. 

The Delhi team was also badly defeated in the first match against Kolkata. Delhi lost by perhaps 106 runs. So I don't expect a very good performance from Delhi in today's match. I bet on Kolkata to win. But I thought the match would be competitive. Because Delhi squad also has some talented players.



Delhi team managed to collect 153 runs after losing 9 wickets in 20 overs. I can't call it a good collection on this pitch. Moreover Kolkata batsmen are in very good form now. In the previous match too, the Kolkata team had collected a huge score of 261 runs. So I don't think Kolkata will have much problem to win today's match. Calcutta will win easily. If the two openers get off to a good start, the Kolkata team will reach the target of victory before 15 overs.
268  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: April 29, 2024, 03:44:24 PM
The best way is to never give advice or recommend bitcoin investment to anyone to avoid unnecessary trouble
I sometimes think it’s a little too selfish if I just keep this amazing investment to myself but then again it is not really my responsibility to share bitcoin to everyone. To also avoid a lot of questions I just tend to bottle it up and not tell anyone.

I'd rather be known for being selfish than be blamed, so I don't tend to like giving anyone investment advice. Furthermore, I think I am not an expert in the field of investment, so giving advice to someone is not advisable . Giving advice to others indiscriminately does not necessarily help them, but can harm them if they do not follow what we give them.

Quote
If someone really wants to invest in bitcoin , just provide them with the necessary documents and let them decide for themselves .

Probably the only way I will be teaching anyone about bitcoin is if they have an idea about it already and just want to learn more.
I myself have learned everything about bitcoin, so I think if someone really wants to invest, they will find a way, not wait for someone to teach and show them every detail, and even give them guarantees. It is not our duty or responsibility to do.
269  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 28, 2024, 05:38:29 PM
I also think that this season there is no player who is more deserving of the golden boot except Harry Kane even though the team he plays for did not get the Bundesliga trophy this season. But Bayern Munich can still try to get a more prestigious trophy in the UCL this season even with quite heavy focus because what they will face in the UCL semifinals is a team that has more titles in the UCL (Real Madrid). Meanwhile, for Bayern Leverkusen, it is indeed appropriate for them to prove themselves in the UCL next season because so far Leverkusen is still extraordinary enough in defending not to lose and also in winning any match.
Harry Kane continues to show how his great capacity as a striker has been quite sharp so far, not only in the Premier League but now Harry Kane is able to show how he is able to continue to be at the top in terms of scoring goals in bundesliga, although now Bayern Munich no longer have hope of being able to compete for trophies in the Bundesliga but I think Harry Kane can be a little differentiator and also pride for Bayern Munich fans because he is currently in the the top scoring position, I think Kane deserves the golden boot because of his improved performance even though Bayern Munich are in poor form this season in the league.

Bayern Munich's poor performance this season in the league gives Leverkusen an advantage easily to win the Bundesliga this season, so I think the only hope for Kane and Munich at the moment is of course in UCL, Leverkusen I think have a great mentality and also performance this season, not only in the Bundesliga but the mentality they have has started to be tested in the Europa League,  So when they compete in the Champions League next season, of course they will be quite ready.

I don't think I have ever seen a player who has deserved more from his team. This guy is really performing well and his team is just refusing to give him any kind of support. He is literally hard carrying his team. And still not being able to do enough. a lot of people are saying that he is a curse for the team that he plays in. But I actually think that the team that he plays for suddenly becomes bad performer. There is no way anyone was actually thinking before the season started that Bayern Munich was going to lose this Bundesliga title to anyone. And I think literally nobody thought it was going to be Leverkusen who would actually take the Bundesliga trophy from Bayern Munich. That was not a reality believed. somehow that ended up happening.

Anyway, I think Harry Kane does deserve the golden boot. He has performed really well in this season. And I think it is really unmasked with any single player in this season. It is really sad that he could not make his team win any trophies. He does have a chance to win the Champions League title but I highly doubt that they will be able to win the Champions League trophy.
270  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 28, 2024, 04:43:01 PM
~~~
The score is still 0-0 at the time of writing, but as you said I am also optimistic about betting on a Man City win, because so far even though there have been no goals scored, Notthingham game cannot dominate the field. So Man City has a chance to get 3 points today. There is still quite a long time and maybe in this first half there could be 1 goal for Man City. Doku and KDB are enough to play their role in opening up more opportunities, but in this match we really need Foden contribution but unfortunately his injury means that the striker position occupied by Alvarez is not as sharp as Foden.
Manchester City have scored a goal this time and as usual they are the team that dominates the game. So far Manchester City has managed to win the first half with a score of 0-1 over Nottingham, but what is certain is that they have to work extra hard to score more goals in the second half considering that Arsenal also managed to get full points today.

Arsenal's win in the away match against Tottenham should motivate Manchester City to win the match against Nottingham. Manchester City must ensure they continue to get full points in each remaining match because only then can they defend their title this season. The good thing is, Manchester City is leading today's match against Nottingham, but they have to be careful because Nottingham can also threaten with their fast attacks.

Manchester City vs Nottingham Forest

Currently, the halftime break is going on. And Manchester City is ahead in the match by 1-0. I think we expect Manchester City to easily win this match as they are going up against a team that is trying to somehow avoid relegation. At the same time, Manchester City is chasing the English Premier League title. So if there is any result other than three points for Manchester city it is going to be a big surprise for everyone. Manchester City has a great chance to win the English Premier League title even though the competition is really high. Maybe we can say that Liverpool has fallen off a little bit. But Arsenal is still very much in the title race. Well, Liverpool is also still in the race but the recent performance has not been great from them. Any result other than a win for Manchester City is going to jeopardize the title race for them. So Manchester City should aim for nothing but a win. There is also no excuse for Manchester City as they are not taking part in the champions league competition anymore.
271  Economy / Speculation / Re: Post halving investing strategy. on: April 28, 2024, 02:39:18 PM
People didn't expect the bull market and a new ATH to be established prior to halving, so things are going differently, in an unexpected way. But there's no problem with the price temporarily going down. It's less than 15% below the ATH point, actually. And I think we can still expect a stronger bull run in the future. For those who want a lower price to invest, I think there will be an opportunity in the future at some point. But also, I don't think this Bitcoin has reached its ceiling this time around in terms of a bull run.

Although your prediction may be correct, I think on the contrary, if newbies want to invest, now is the best time. Bitcoin is correcting and if lower prices are not established in the coming days then I believe there will be no second chance this year. This could be bitcoin's final correction before we enter the official bull season.

Investing in bitcoin, we should not bargain too much because the market is unpredictable, just because of bargaining for 10-15%, we will have to pay the price later for missing the x2 x4 bullet train. So invest as soon as possible.
272  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving Making Me Wonder on: April 28, 2024, 02:20:29 PM
If you are not following bitcoin closely, there were a group of people who are always trying to make some money every halving. They are creating these tokens, inscriptions, or whatever else you want to call it in order to make money off of it. These are what caused the high amount of fees in the recent halving that took most of your bitcoins, and you're not alone in your sentiment that bitcoin halving sucks because of the high fees.

I think the OP is complaining more about why bitcoin isn't going up in price after the halving than being concerned about rising bitcoin transaction fees. Because this happened before when the BRC 20 concept appeared and it was much worse then than now.
As of right now, the fees have since normalized, and the FOMO about Runes have since died out. Bitcoin halving has always been something special for the community since it marks a certain milestone on our journey to 21m bitcoins. As we mine more and more coins, it becomes progressively harder to reach the 21m limit, and bitcoin halving helps us in that goal.

That's right, things are gradually calming down as the Rune trend is gradually fading into oblivion. But what I worry about is that until we have a solution to the transaction fee problem, the fee will increase at any time. We cannot guarantee that no junk tokens will be created after Rune.

The halving is considered special and important to investors but if it is not tied to a bull market, I think many investors never pay attention to it, and that is why is OP wondering.
273  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: April 28, 2024, 02:09:00 PM
It's fine if I being responsible with the loss, but if I made profit from her funds, 95% of the profit goes to me while she only receive 10%. Tongue

It's nothing different like taking out a loan to trade, actually this is better because I don't have to refund on time and there's no interest rate.

But if I need to being responsible with the loss and I earn nothing when my prediction corrects, that's completely dumb.

Don't tell or teach people about Bitcoin or investment, they will ask you to do for them.

The best way is to never give advice or recommend bitcoin investment to anyone to avoid unnecessary trouble . If someone really wants to invest in bitcoin , just provide them with the necessary documents and let them decide for themselves . Never give advice because we will not get anything from it but the possibility that we will be blamed is very high .

Human nature is like that, greedy and likes to make profits but does not want risks to happen to them . With these types of people, don't waste our time on them , instead focus on your own investments .
274  Bitcoin / Bitcoin Discussion / Re: Can a seed phrase on steel or titanium sheet survive this flood? on: April 28, 2024, 01:18:43 PM
So do you remember the terrible earthquake and collapse that happened in Türkiye and do you think there will be any technology advanced enough to know the full extent of mother nature's fury? It seems like you are trying to blame the government for the natural disasters caused by mother nature.

As I understand what the OP is trying to say, the OP is pointing out the disadvantages when we use steel plates to store seed phrase and they are hidden in the house or backyard. That shows that every method has its drawbacks and nothing is absolutely safe.
Your bracelet looks beautiful and quite secretive, but can you guarantee that if you encounter a strong impact it will not fall out of your hand? Don't be too subjective, everything has its risks.
An earthquake is a completely different matter compared to a flood because your house can actually collapse completely. The main difference is where you live because if you have you own private house then you should still be able to find your steel plate; if you live in an apartment complex, maybe a big one, and it collapses then there would be so much debris that it becomes almost impossible to find it. Maybe a solution could be to place it inside some kind of strongbox colored/painted with some very bright color, like they do with plane's black boxes.

This sparked an idea - securing the steel plate in a heavy-duty strongbox that's bolted to your home's foundation seems like a logical next step.  That anchoring would provide some protection if the structure collapses.  And I wonder if hiding one of those tiny GPS tracking devices (like people use to monitor pets) inside the strongbox or even embedding it into the steel itself would allow the plate to be located later in the debris.  Just a couple ideas to think about.

Grin Grin Grin Too many ideas and none of them can guarantee absolute safety here. Personally, I think depending on the geographical area, weather situation, security as well as a combination of many other factors, we choose which method we think is the safest for us. We don't need to use other people's ways for ourselves when our circumstances and living environments are completely different.

Personally, I am very safe with backing up the seed phrase with a notebook and a copy saved on a USB, I have been safe with this method for many years and I will continue to use them.
275  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 27, 2024, 05:57:25 PM
The match was quite interesting and indeed Frosinone seemed to be still quite tough when compared to Salernitana even though in terms of possession and opportunities Salernitana was much better but the momentum created and finishing was the difference between Frosinone and Salernitana in today's match.
A result that doesn't really matter for Salernitana but is very important for Frosinone as they are still trying to get out of the relegation zone and trying not to return to Serie B quickly.

For Sassuolo, actually their chances are also still quite there with the acquisition of points and with the number of remaining matches at this time of course the chance is still there but they have to be extra more in trying because after all they are still not safe with the current points but the rest of their matches if they achieve positive results then the possibility of getting out of the zone now still exists but it must hope that Udinese and Frosinone have bad results.

Frosinone 3-0 Salernitana

I think I have already said that Frosinone has a chance to avoid relegation in this season, in this same thread.  With this win against Salernitana, they are out of the relegation zone and Udinese is in the relegation zone right now. This was a great win for them by the way.   they have also showing good performance in recent times.  they have not lost a single match in the last 5.  and for a team that is somehow trying to avoid relegation, I think this is definitely a good performance. Now they have the same amount of points with two teams that are ahead of them.   The only problem is that they have played one match more compared to the others.  but I still think that they have a great chance to avoid relegation now. Frosinone has a match against Inter which is going to be a problem for them to win. They also have a match against Udinese by the way which is almost a must-win for Frosinone to avoid relegation.
276  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 27, 2024, 04:27:35 PM
Not this year, I do not think so. I get that some people may want something like this, and that could be reasonable if you "want" it, but that would be way too much increase. We are talking about more than x3 in less than a year, we have about what 7 or so months left? Tripling the money in 7 months makes no sense at all if you ask me and that is not going to happen.

I personally believe that we are going to see maybe 100k if we are lucky and that's about it, I do not see that the price would be more than that. This is of course my speculation and my prediction, I could be wrong and if I am wrong and the price goes to 200k then I would be much richer so I do hope that I am wrong on this one, but I fear that unfortunately I am not wrong on this one and we won't go up that much.

I also thought it wouldn't happen but bitcoin is very unpredictable and it always surprises us . I mean when people don't think it will happen it can happen , just like none of us believed that bitcoin would reach a new ATH before the halving but it ended up surprising everyone . So I think we should not rule out the scenario that bitcoin will reach $200k by the end of this year.

Because bitcoin is unpredictable , I think the best thing for us to do is to always be prepared for every situation and always have a plan b if things don't go as we predicted .
277  Bitcoin / Bitcoin Discussion / Re: Can a seed phrase on steel or titanium sheet survive this flood? on: April 27, 2024, 03:46:52 PM
Flood isn't something that will occur randomly, your government should had warn the citizen for upcoming big flood. If I live in a country where extreme floods is nothing new, I would wear secret stash bracelet. Change the keys with laminated paper which I wrote my seed phrase, so it can resist against water.

No one will know if my bracelet contain almost all of my wealth.


https://www.yankodesign.com/2013/04/16/wear-your-secret-stash/

So do you remember the terrible earthquake and collapse that happened in Türkiye and do you think there will be any technology advanced enough to know the full extent of mother nature's fury? It seems like you are trying to blame the government for the natural disasters caused by mother nature.

As I understand what the OP is trying to say, the OP is pointing out the disadvantages when we use steel plates to store seed phrase and they are hidden in the house or backyard. That shows that every method has its drawbacks and nothing is absolutely safe.
Your bracelet looks beautiful and quite secretive, but can you guarantee that if you encounter a strong impact it will not fall out of your hand? Don't be too subjective, everything has its risks.
278  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: April 27, 2024, 03:35:53 PM
While you have mentioned some great points I can guarantee that diversification of your crypto portfolio or just investment portfolio holds some of its own advantages. Such as having reduce your risks. If one coin is not doing well you can expect to still gain profit from the other. Bitcoin is not always stable and is constantly fluctuating. So it’s good to explore what else is in the horizon but if you feel safe enough in just investing in one coin the be my guest.

Diversification to minimize risk is only effective when you invest in non-crypto assets, if you invest in altcoins and think it helps you minimize risk then it is a big mistake. The entire cryptocurrency market is still dominated by bitcoin, once bitcoin declines, no altcoin will be able to grow well. Like the current situation, do you see any altcoins giving you profits now that bitcoin is correcting?

I also invest in altcoins and I don't like the rigid idea of only investing in bitcoin and ignoring many potential altcoins. But the purpose of altcoin investment is to seek high profits, not to minimize risk because once bitcoin has problems, the rest will also follow.
279  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 27, 2024, 03:25:54 PM
There are many such traders who have taken up trading as a hobby and career. Most of the day they sit in front of the monitor and watch the market candles. I have a friend who has created a separate room for trading where he conducts his trading activities with only a single door. Basically there he has three big monitors mounted on the wall and one monitor he has on the table and all the monitors have charts of the coins he will be trading and he is always waiting for an opportunity. Right now he is not doing any alternative work only depending on trading he is managing his family. If he succeeds in this way, he will not think of working and if ever he works, he will not be able to manage his activities in the same way as he is now trading while working because then there will be pressure of work. If full focus can be given to any one job then that job can be taken as a life time career.

Your friend must be a professional trader. Your friend must have good finances to meet his and his family's needs. but relying on it from trading alone, probably won't be very good. Maybe at least for now, your friend is still making a good income from his trading.
but the market will not always give traders a profit. I'm sure your friend is not only a daily trader. there are other things he does even though they are still related to crypto.

I also do not support the idea of turning trading into a full-time job and main source of income because of the fluctuations and instability it brings. But I have also seen some people succeed with that choice and I really admire when they can do such extraordinary things.

Sometimes there are things we can't do and it's really difficult for many people but that doesn't mean everyone can't do it. Personally, I used to be distrustful and suspicious of anyone who said they did nothing but trade, but sometimes we need to believe that there are people who can do it.

But I wouldn't imitate them or advise anyone to make trading their main source of income, because it's too risky and not worth the trade-off. Trading is better when we consider it a side job.
280  Economy / Trading Discussion / Re: If all your wages were paid in USDT, would you accept it? on: April 27, 2024, 03:13:13 PM
If your salary was not US dollars, but USDT, would you dare to ask for it? Although USDT can facilitate transfers and cross-border payments, thinking about the fluctuations and risks makes me feel a little panicked! It can’t be used everywhere in daily life, What do you think? Come and chat!
I do not see too many reasons why I would want to do this, the only one that exist is that being paid in USDT will make my life slightly easier when buying bitcoin, however it would make the use of the rest of my money way more complex as no business I know accepts USDT.
If you think paying with USDT will make it difficult for you to use it, what about bitcoin? Because you are also receiving bitcoin payments from the Duelbits signature campaign and how do you use them when businesses also don't accept bitcoin?

And I suppose I would not be the only one with that kind of problem, and even if it did not existed, I am sure many people on this forum will never accept to receive stable coins as their main source of income, since we know that those coins can collapse at any given time, and we have witnessed examples of this recently.

How will USDT collapse? If I remember correctly, rumors of USDT's demise were around 10 years ago but why is it still the most used stablecoin on the market? Additionally, I also believe you are also using USDT to invest in bitcoin as it is currently the most popular stablecoin on the market.
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