Usually, newcomers jump into the Bitcoin world because they've heard stories about friends making quick money from trading. They dive in without thinking about the challenges, only focusing on making a fast profit. Many people misunderstand this. Even though traders don't wear uniforms and ties, it doesn't mean they lack education. In trading, a mature mindset is essential, and every decision is driven by sound reasoning and facts.
Time often falls victim to misunderstandings about Bitcoin investments. Due to its volatile nature, people tend to think of it as a quick money-making scheme, which is far from the truth. The simplistic notion is that if trading Bitcoin brings significant profits in a short time, then many people worldwide should be wealthy by now because trading Bitcoin is perceived as easy.
This misconception is also fueled by promotional methods that entice newcomers with the promise of quick gains from trading.
Many people think like that, so they think that with Bitcoin, they can quickly increase their investment many times over. maybe for some people, they entered at the right time, namely before the bull market, and felt that they did it in a short time. However, in reality it takes an undetermined amount of time to get that moment. In fact, some people hold the bitcoins they own for years to experience big profits. However, it would be wise to seek complete information about Bitcoin before making a decision to invest. Additionally, there are some people who thoughtlessly sell their assets, or borrow to try to profit from bitcoin. On average, those who have big hopes for Bitcoin are only beginners whose knowledge is still far from understanding buying cheap and selling high. Investment requires patience and knowledge of reading candle charts and crypto news. Sometimes investments don't always run smoothly to get maximum results. It's the same as people in real business processes who have to go through every test I agree with you, the ideas to get rich quickly with bitcoin are mostly newbies and the main reason is that they do not have complete knowledge about bitcoin. I don't know about others, but I admit I also had that thought. When I first joined the market, I always thought I would get rich quickly with the volatility of bitcoin. But the longer I stay in the market, the more I realize that what I thought was just imagination, not real and not as simple as I thought. Since then, I gave up the idea of getting rich quickly and became more serious about my investments. Everyone needs experiences and lessons to grow, we should not be quick to criticize new people just because they have that mindset. Beginners who fail to know about Bitcoin with big ambitions will only lose money, making that person have a negative mindset about crypto. even though if a beginner learns basic material about the world of crypto, they will not easily be carried away by the current of imagination that only thinks about the sweetness of getting easy money. On the other hand, you can earn side income |
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Usually, newcomers jump into the Bitcoin world because they've heard stories about friends making quick money from trading. They dive in without thinking about the challenges, only focusing on making a fast profit. Many people misunderstand this. Even though traders don't wear uniforms and ties, it doesn't mean they lack education. In trading, a mature mindset is essential, and every decision is driven by sound reasoning and facts.
Time often falls victim to misunderstandings about Bitcoin investments. Due to its volatile nature, people tend to think of it as a quick money-making scheme, which is far from the truth. The simplistic notion is that if trading Bitcoin brings significant profits in a short time, then many people worldwide should be wealthy by now because trading Bitcoin is perceived as easy.
This misconception is also fueled by promotional methods that entice newcomers with the promise of quick gains from trading.
Many people think like that, so they think that with Bitcoin, they can quickly increase their investment many times over. maybe for some people, they entered at the right time, namely before the bull market, and felt that they did it in a short time. However, in reality it takes an undetermined amount of time to get that moment. In fact, some people hold the bitcoins they own for years to experience big profits. However, it would be wise to seek complete information about Bitcoin before making a decision to invest. Additionally, there are some people who thoughtlessly sell their assets, or borrow to try to profit from bitcoin. On average, those who have big hopes for Bitcoin are only beginners whose knowledge is still far from understanding buying cheap and selling high. Investment requires patience and knowledge of reading candle charts and crypto news. Sometimes investments don't always run smoothly to get maximum results. It's the same as people in real business processes who have to go through every test |
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As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht), FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit. It's just that when coin exchange, for example, there are rumors of asset theft in the main wallet which causes the price to fall, sometimes the drama is created just to take advantage of it. While the project is clearly defined it may not be a problem for a long term investment. it's true that the main key is just waiting for the bull season to return and it will be better |
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I thought this additional amount will increase allocation for already eligible ones too but it didn't.
I had high hopes for new news but didn't get anything either. Have you ever interacted with Defi Dapps requirements or is this just for random users. and right before the bull season comes the potential projects issue strategies for long term interest once the bitcoin halving is over next year this will increase significantly Idk what's up here either, I was eligible for evm activity (have they had separate defi criteria in it?), my amount has remained same. Update. If you were not eligible before, check again, you might be. ..
Obviously, the team has decided to increase the number of participants for airdrop, but even with these new conditions, none of my wallets are eligible. Nevertheless I wish those who get this airdrop, to sell it at the highest, and not to be tormented by Fomo afterwards. How do you sell at highest? 
BTW, another update, Claim will be available starting nov 20, 2 utc, for 90 days. Discord ann: https://discord.com/channels/826115122799837205/829280967457505330/1174713934947811422Someone has made one transaction on the Solana network, received a PYTH airdrop allocation from an airdrop group member. maybe it's not part of us right now. The next day you will be the lucky one from the big aridrop that will come in the bull season. Many potentially large projects are in the process of testnets, and they have a good start before crypto's big day comes |
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Solar storms are a phenomenon that can cause and this phenomenon will cause electricity and internet outages. So if the internet around the world goes down, we will only face a temporary disruption in Bitcoin, but we will most likely face other problems if that happens because electricity and internet are essential needs for all humanity and even then they will not last long. And our Bitcoins will remain on the blockchain and once the electricity and internet come back on and some nodes start up and we can use them again as usual. So in my opinion there is no problem and there is no need to be afraid, because this phenomenon is only temporary.  We don't know and haven't experienced the situation with the solar storm disaster. If so, maybe there is a way to anticipate so that the internet network is not fatally damaged, even if it is temporary. because this disaster will impact the whole world, everyone is worried about the money they save in various online wallets. I've seen world conspiracy opinion videos like now (everyone is led to depend on electricity, the internet, everything is easy to access) Based on the report it has happened before in 1859 (Carrington Event) and it affected the telegram operations and even led to the electrocution of some telegram workers. This could be indeed a very terrible condition and I am concerned about the Bitcoin space because I have an interest in it. I know it will affect other more important sectors like defense and health systems. However, the Bitcoin space will be less affected because it is decentralized and technologically advanced. But I am glad that the Solar superstorm would give Earth's inhabitants 18-24 hours' notice in advance so satellites can be backed up or put in safe mode. But I don't want to experience such an event because it could lead to a global economic meltdown. It certainly has a big impact, whether it is a chain in any field, it will cause major damage, because now everything depends on technology and networks to shorten time. If it had happened, perhaps the government would not have remained silent in anticipating a solar storm disaster because of this effect. Yes, of course for the crypto world it is a part of being a savior for storing data or money which can be guaranteed from the current modern era. |
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Solar storms are a phenomenon that can cause and this phenomenon will cause electricity and internet outages. So if the internet around the world goes down, we will only face a temporary disruption in Bitcoin, but we will most likely face other problems if that happens because electricity and internet are essential needs for all humanity and even then they will not last long. And our Bitcoins will remain on the blockchain and once the electricity and internet come back on and some nodes start up and we can use them again as usual. So in my opinion there is no problem and there is no need to be afraid, because this phenomenon is only temporary. We don't know and haven't experienced the situation with the solar storm disaster. If so, maybe there is a way to anticipate so that the internet network is not fatally damaged, even if it is temporary. because this disaster will impact the whole world, everyone is worried about the money they save in various online wallets. I've seen world conspiracy opinion videos like now (everyone is led to depend on electricity, the internet, everything is easy to access) |
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Update. If you were not eligible before, check again, you might be. November 15, 2023: The snapshot for on-chain activity by DeFi users of dApps using Pyth Network was revised for greater inclusivity. An additional ~55M PYTH has been added to the overall airdrop, bringing the total and final allocation to approximately 255M PYTH Tokens. I thought this additional amount will increase allocation for already eligible ones too but it didn't. I had high hopes for new news but didn't get anything either. Have you ever interacted with Defi Dapps requirements or is this just for random users. and right before the bull season comes the potential projects issue strategies for long term interest once the bitcoin halving is over next year this will increase significantly |
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Many people expect the Solana coin to have a big existence like in 2021, for example, the airdrop which was mostly large from the Solana ecosystem was really extraordinary last year. Currently, there is something that can be seen from some of the airdrops that have been received. perhaps this is a sign of a significant return to effect in the upcoming bull season
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Because the FTX tokens are still trading, maybe there really is a chance of it coming back.
Trust in this exchange though will be harder to restore even if they will have a new CEO. And there are exchanges that have no history of scamming. For this reason alone, they are on the losing side of the competition if they have to put it back live.
If asked if I would use the FTX market again if it was turned back on, I would feel reluctant to use it again. The complete disappointment that my money was still left there was traumatic. Even though it's not big, only $300, it's useful for my needs. if it is restored most will expect the money left behind to demand accountability whether it is successful or not. but that is the hope of all FTX members |
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If you expect free money from airdrops or bounties, be disciplined, persistent and try to achieve one goal. for me entering bull season is a good thing for airdrops or bounties. Especially take airdrop information, I always look for airdrops via Twitter social media which quickly updates information. Trends, keywords that are currently hype can be seen on Twitter. If you already have knowledge of the crypto world, I don't think it will be difficult
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2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?
I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?
If I think Ethereum price compared 5 years ago, maybe that the definition of cheap price if we compared to latest modern price. The old days is the top opportunity to say that eth brought us a comfortable life in terms of cryptocurrency, same with erc20 platform tokens. My advice to old token holders is to monitor the community where it belongs with, and if there's no future then dump it while there's certain value. changes in ethereum gas fees are increasing very quickly in an instant, I understand that because the ethereum network platform is very busy confirming billions of wallets, it is different from 5 years ago and the effect of ethereum price changes 5 years ago and now is very different, making many people think it is expensive. It is possible that before the bull season there will be more coins born from the Ethereum network which could increase costs even more. |
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User: irsykes
Position to Apply: Sr. Member
Posts Start: 1257
Address: update
Address: update
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~snip~
The sensation of being comfortable in the world of gambling is definitely addictive, most of them will find it difficult to carry out work activities because their brains are unhealthy and expect too much. Most of them end up losing and their families are destroyed or survive because of their uncertain gambling appetite. The process of getting rid of gambling addiction is not easy. The lowest point of having nothing forever will probably be something to reflect on in the future and not repeat it That comfortable sensation is what every gambler is looking for so that they don't feel addicted to returning to the casino repeatedly. They will find it difficult to do other things because their minds are only focused on gambling games, even though they rarely win and only experience defeat. If they could see that they still had the option to stay away from gambling or at least reduce their gambling activities, they could choose that to prevent more losses. This is also so that they can reduce their gambling addiction because usually, they will not feel that they are already addicted to gambling. And yes, they need to reflect on their gambling activities and consider whether to continue gambling or stop gambling. In fact, playing gambling with a deposit of a certain amount usually doubles, but this multiple is still considered insufficient if it reaches 2 or 3x the total deposit. they still hope for a miracle to come so that their money will be big but in the end to no avail. If you get 2.3 folds. it might still be profitable. because greed itself can cause damage. If you don't gamble greedily using management theory you can control it, maybe it won't fall apart. can be an additional side income |
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~snip~
There are also those who realize that they have lost a lot of money in gambling but can still prioritize gambling, so the main thing is that the family's needs must be neglected because of the effects of addiction. all he has in mind is winning big doubles, not looking for fun or entertainment. even though asking for advice from friends is not 100% going to come back. only time will determine future changes. regret always comes at the end If they realize that they have lost a lot of money but can still gamble, they have to really feel that they have lost a lot of money before they can really realize that they have to fulfill the neglected needs of their family. That will make his family unable to buy their daily needs because all the money is used for gambling. And this person should be aware of his mistakes, and he should leave gambling and never gamble again. But if he continues to gamble, it seems like this person is so addicted to gambling that he can't differentiate between which money is for gambling and which is to meet his family's needs. The sensation of being comfortable in the world of gambling is definitely addictive, most of them will find it difficult to carry out work activities because their brains are unhealthy and expect too much. Most of them end up losing and their families are destroyed or survive because of their uncertain gambling appetite. The process of getting rid of gambling addiction is not easy. The lowest point of having nothing forever will probably be something to reflect on in the future and not repeat it |
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I'm happier when the airdrop gives big prizes to users but doesn't enter the Telegram group information because if anyone finds out there will be a global attack on the airdrop hunter community. now many new projects with advertising rewards community allocation but the results are enough. and but on average the current ecosystem with less than perfect blockchains just follows another trend. different from projects under the auspices of the ethereum erc20 network
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Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.
What future do we really hope for altcoins without bitcoin?
altcoin need bitcoin to coexist, or became token/emoney. well its normal if got burned in first ride, while you posting here its meant you have intention to learn from your mistake today to many coin makes investor really hard to put their money in right spot. atleast you put in bear market which is you might gain later when bull hit the peak  just wait for the time when bitcoin reacts to a significant pump in time, putting money to invest in bear season is very good for the long term but have to be patient. therefore we have to use cold money or adjust the allocation for other things. and To avoid something undesirable if there is a further deepening of the altcoin market, we still have a second chance. put the money into an altcoin that already has a large rank of 50/20 and above |
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~snip~
If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of. Those who are addicted to gambling will not be able to control the use of their money because they will gamble excessively and feel that they have not gambled enough. These people have been harmed by gambling but cannot realize it and just continue gambling. But they can also hide their gambling activities from others so that others will see them as someone who is okay even though they are not. And if that were the case, it would be difficult to watch out for, know, or even anticipate because he could always hide his gambling activities. It might be difficult for him to cure his gambling addiction if he doesn't realize that he is addicted to gambling and needs help from other people. There are also those who realize that they have lost a lot of money in gambling but can still prioritize gambling, so the main thing is that the family's needs must be neglected because of the effects of addiction. all he has in mind is winning big doubles, not looking for fun or entertainment. even though asking for advice from friends is not 100% going to come back. only time will determine future changes. regret always comes at the end |
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i also feel like its more of a theoretical thing than practical. but i believe with discipline it can be achieved. where people get it wrong is that how do you estimate or separate the money that you can afford to lose? if you can sincerely answer this question then it will help you to gamble responsibly and not to be addicted.
Discipline or how a person can manage money is very difficult if they are familiar with gambling, unless the person no longer has anything in the world, perhaps there will be changes, although not 100%. from mistakes will be lessons that will not want to repeat, which I experienced several years ago. Even though I still gamble, I don't have big ambitions to win and I have allocated a certain amount of money. If you can control gambling just for fun, it might be better. But someone who is used to gambling still has the opportunity to manage his money to prevent the risk of losing a lot of money. Everything can be learned so that the person doesn't have to go through a bad experience. As long as there is a desire to change his bad habits and there are concrete actions he takes, he can do it, especially if he continues to practice it until he gets used to it. When he gets used to it, he will only gamble with the money he can afford and will not go through with it because he has already been in that situation. He no longer wants to have the same experience as before, so he tries to tighten his budget and will not gamble excessively. If the person is a gambling addict, it will be difficult for him to manage his money so that he can live a normal life. On average, people who have been damaged will continue to gamble until they get a lot of money on their mind. For example, if a neighbor or friend is devastated by gambling, if they see this, it will be difficult to learn to improve themselves or become a basis for managing money. This is something that rarely cannot be anticipated or is very difficult to be aware of. |
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