Danke für die Doku, schaue solche Berichte über Manipulierungen der Politiker immer gerne. Nur inwieweit betrifft dass auch die Corona Krise? Ich würde mich nicht als systemtreu und auch nicht als besonders kritisch beschreiben, einfach ein ganz normaler interessierter Bürger. Wir haben Gesundheitsexperten die sich sehr klar zu dem Thema äußern und dann Politiker die dem Rat der Experten nicht folgen. Ich erinnere mich noch zu gut als alles anfing mit dem ersten Lockdown, da hieß es von den Experten dass es etwa ein Jahr dauert wird einen Impstoff zu finden und ihn zu testen und herzustellen, damit hatten die Experten recht. Nur wurde von Anfang an gesagt dass 2 Impfungen nicht ausreichen und gerade bei älteren Menschen eine dritte Impfung benötigt wird. Warum handelt die Politik nicht entsprechend? Die meisten imgeimpften Menschen auf der Intenstivstation moment sind über 80 Jahre und wurden schon anfang diesen Jahres geimpft. Wenn es so weiter geht wird es ein total chaotischer Winter.

I agree with you, trading based on emotions usually comes from inexperience and only after some time and experience we learn to resist out emotions. Trading based on gut feelings might be going good in the beginning by eventually we will make the wrong decision. I remember when I first started trading that I had this feeling now would be the perfect time to buy, and once the price moved against me I still had the feeling of being right and should hold my position. In the end I just lost more money and if I had looked objectively at trade I would have probably sold earlier.
When it comes to trading there is no such thing as relying on our feelings, we need to do research and make a fundamental sound prediction without emotions. Because if we give in to our feelings we become dependent and could have problems long term. For example if we lose money we could become depressed and have trouble sleeping. Trading and emotions should be kept seperate for our own wellbeing.

I also bought a desert Eagle with my BTC, but that was just a CSGO skin back in the day. Unfortunately guns are not allowed on my country, otherwise I would have bought a real one. I used BTC a lot in 2016 to buy abs sell skins, unfortunately I sold all skins and converted the money back to fiat. My most memorable BTC purchase that I am very happy about was my bicycle. I use it everyday during spring and summer so it is definitely the most used thing I got for my crypto. I paid 0.12 BTC for it back when the BTC price was below 10, 000 USD. I wish I could give my bicycle back now and get the BTC back  today I would have been able to buy new bicycles for the whole family.

Financial stability means for me to have some savings that gives me and my family security in the case unforseen problems arise. For example if I crash my car tomorrow and the insurance wouldn't cover anything, then financial stability means to be able to quickly get a new one. This doesn't mean to have all the money as cash invested, but rather the chance to take out a loan against assets like an apartment. Or in case of losing my job, then I need to be able to cover atleast 6 months without income.
There is definitely people with too much money on the world. All the super rich with more than 1bn USD is too much wealth concentrated in one person. I have nothing against successful people who earn a lot of money, but having more money than you can ever spend in a lifetime is wrong.
For me the mix of investment income and a monthly salary is enough, we should all be reasonable towards other people.

Eigentlich ein wichtiges Thema mit dem ich mich auch auseinandersetzen sollte, in der heutigen Zeit weiß man ja nie was passiert. Meine Eltern sind schon so alt und können nur sehr schlecht mit dem PC umgehen dass sie glaube ich nix anfangen könnten mit den Crypto Coins. Also wenn ich den Seed hinterlege dann nur mit Anleitung, sonst könnten die glaub ich gar nicht an die Coins kommen.
Hast du schon in Erfahrung gebracht wieviel so eine Hinterlegung der Platte beim Notar kösten würde? Wäre dass einfach nur als Anhang an dein Testament oder seperat? Vielleicht wäre ein Bankschließfach in dem Fall günstiger?


Ich bin mir hier nicht sicher, eigentlich müßte der Seed ausreichen um wieder vollen Zugriff auf die Coins zu haben und ein neues Passwort sollte man dann vergeben können. Aber um 100% sicher zu sein würde ich das Passwort an die Seed hängen. Der Notar wird schon nichts anfangen mit den Coins.

Hatten wir dass nicht schon dieses Jahr? Da war es wohl eher die Sommerflaute als der Kryptowinter, aber trotzdem war der 50% drop hauptsächlich bei Bitcoins und nicht bei anderen Assets. Wieso so pessimistisch jetzt? Der Bitcoin Preis hat sich ja gerade erst wieder auf sein altes ATH erhohlt. Glaube nicht dass es jetzt sofort wieder abwärts geht. Es geht jetzt auf Weihnachten zu, das Geld liegt lockerer in der Tasche und irgendwo müßen die Leute ja mit ihrem Weihnachtsgeld hin. Selbst wenn sich die Investoren jetzt wieder mit Shitcoins die Finger verbennen, glaube ich dass es frühstens nächstes Jahr wieder mit Bitcoins bergab gehen könnte. Ich halte meine weiterhin.

Great news for Kazakhstan, and any other country that profits from crypto currencies. Its Chinas own fault if they ban cryptos than now other countries are picking up the pieces. I wish we would see less Dependance on China when it comes to electronics and cryptos. China as the main manufacturer of chips is profiting from the crypto hype directly. At the moment it's impossible to build a decent computer because either all the chips and graphic cards are sold out or so expensive that it's not worth it to buy them now. As long as hardware prices are so expensive we shouldn't see an exodus of crypto miners. There is so much demand that we wil keep rising as long as crypto prices are high. Only if prices start to fall we could see a decline in crypto miners. But once new computers become affordable again the number of miners should rise again.

This news seemed to be a bit out of context, because the UN world hunger relief fund already gets more than 6 bn USD. So the question would be if an additional 6bn would solve the world hunger problem. I believe this one time payment would help short term but not solve the problem. Its a nice gesture of Elon Musk to consider it but he said he would only do it if they show how the money is spend and not just being missused for other purposes.
The UN is very beaucratic and likes to pay high salaries to its employee. How much of the 6bn would actually get to the poor people in need? If we could use the money to build new farms and plant new crop than it could make a big difference in a couple of years, but there needs to be more money to maintain such farms and create a distribution network so the food goes directly to the people in need.
I would suspect more people are willing to give money to such a good cause if there would be better supervision on how their donations are being spent.

Du hast natürlich recht dass man sich selbst voll unter Kontrolle haben sollte und sich nicht über die Vergangenheit ärgern darf, weil man ja doch nichts ändern kann. Es ist auch nicht so dass ich jeden Tag daran denke, ist ganz zufällig dass ich solche Gedanken habe. Wäre super mit einer Zeitmaschine einfach seine Investment Fehler ausbügeln zu können  Die einzige Lösung ist aus seinen Fehlern zu lernen und nicht zu wiederholen. Dein Punkt 2.) hab ich mir auch schon so überlegt, wenn ich je mal wieder Bitcoins verkaufe werde ich immer einen Teil behalten. So populär wie Bitcoins jetzt sind wäre es einfach schade gar keine mehr zu besitzen und nicht mehr von der nächsten Rally profitieren zu können.
Je jünger man ist desto mehr Risiko kann man eingehen, und auch Punkte wie Familie spielen eine Rolle in der Entscheidung wieviel Geld man risikoreich und wieviel man risikoarm anlegen sollte. Wobei sich die Zeit auch geändert hat, vor ein paar Jahren war meiner Meinung nach Bitcoins ein viel risikoreicheres Investment als es heutzutage ist. Dass wir mal wieder Bitcoin Preise von unter 1000 USD sehen ist denke ich ausgeschloßen.

Klingt interessant die Konferenz, ist nur leider etwas weit entfernt. Wer zufällig gerade in der Nähe ist und Urlaub macht könnte vielleicht vorbei schauen. Aber nur wegen der Konferenz soweit zu fliegen ist schon heftig, Flüge wird es nach El Slavador wahrscheinlich nicht unter 500€ geben und dann kommt noch Hotel hinzu. Hat irgendjemand aus Deutschland hier vor dahin zufliegen?
Mich schreckt El Salvador auch als Land etwas ab. Kenne niemanden der schon mal da war, und was man so im Internet ließt gehört es zu den Ländern mit der höchsten Kriminalitätsrate in Mittelamerika. Nicht zu vergessen das die berühmte Gang MS-13 aus El Salvador kommt. Also wenn so eine Konferenz mal in Kuba wäre dann würde ich schon eher hinfliegen.

 All forms of investing are hard decision making, short or long term will always create doubts in our minds. As soon as prices move against us our brain will ask why didn't we sell in time? We need to manage our thoughts to remain strong and not give in to the doubt. Because the doubt is not only for HODL investors, if we sell too early and see the prices rise again we will face the same problem. Our coins can be sold too early or too late, in both cases leaving profit on the table.
For me HODL is still the preferred strategy when it comes to crypto currencies because we are at the beginning of the crypto era. Many people have heard about cryptos but didn't buy them yet. It is still going to take some time for the majority of investors to hold cryptos in their portfolio. That is why demand will keep growing for cryptos and will keep the upwards trend going. The best way to profit of the long term trend is by just holding.

I like your approach to do things more quickly, it's a good way to life in the moment and to not procrastinate. This is a problem I have myself where I keep postponing things until the last minute. Being more proactive when it comes to small things is good, but when it comes to larger purchases I am not sure. Buying a house or a apartment is a very serious investment, we do such kind of purchases maybe once or twice in life. Rushing such a decision can be problematic because we will locked into it for many years. Loans for buying an apartment usually run for 10 years, so if we rush into a bad loan we might not be able to get out of it. Same goes for the actual place we buy, we need to be sure it's not a lemon we are buying. For example how is the wiring in the apartment, maybe it's not modern enough and we need to renovate in a few years. Same goes for the roof or basement, when it comes to such important decision we should really think it over.

What an awesome success story, you started buying BTC at the best point in time, your initial purchases are up 50%. I wish I had started buying bitcoins again too but the high volality this year made me very cautious. At least I didn't sell any coins yet this year so I can still profit. What I really like about your strategy is that you buy coins weekly and not all at once. Like this you manage to get very good average prices. This is very inspiring for me and I will try to do something similar. With my Christmas money in December I will invest in bitcoins again and like you I will try to buy every week for some months. Do you have a fixed target for the bitcoin price when to sell?

While this is true, it's very hard to imagine a world where the government gives up their control of the money. Banks are a very profitable sector for a country with creating a steady tax income for the government. For them to give it up they would ask for some sort of compensation. Could the crypto world offset the lower taxes? I am not sure. The thing with banks is that everybody needs them. A company will not pay our salary in cash, they want to transfer it to a bank. When buying an apartment or house we need to ask the bank for a loan. The bank is profiting from all the services they offer to us, by selling products, issuing loans or just storing our money. For a bank to go bankrupt it's nearly impossible if they don't gamble away all the money, because they can just increase their fees to make more money.

Mehr Geld auf dem Giro oder Spar Konto klingt ganz nett, aber was ist wenn der Bitcoin Preis 20% zulegt nach deinem Verkauf, ärgert dich dass nicht? Tue mich seit Anfang diesen Jahres sehr schwer irgendwelche Bitcoins zu verkaufe. Habe mir zwar Kleinigkeiten von BTC gekauft aber alles unter 25€. Meine letzte größere BTC Position habe ich vor einigen Jahren verkauft als der Kurs bei 10,000 USD war. Ärgere mich heute noch über den Verkauf. Ich weiß nicht woran es liegt aber mir fällt es irgendwie viel leichter andere Crypto coins zu verkaufen. Wenn es dann um Bitcoins geht will ich sie lieber behalten. Kann sein dass einfach die ersten crypto coins waren die ich gekauft habe und deshalb einen sentimentalen Wert für mich haben. Interessant wäre auch die Frage ab welchem Preis ich welche verkaufen würde, ob 100,000 oder 200,000 USD bin ich mir noch nicht sicher.

I noticed the same, im the past everybody said that gold is the perfect inflation protection. But is this still true today? For years now we had very low interest rates and the gold price was very high. And then the corona crisis also helped the gold price to remain. Is it really possible for gold price to keep rising with the inflation? Personally I am not trusting gold anymore and sold most of my commodity fund which holds 90% in gold and silver. It remains to be seen if the inflation will keep growing with more than 3% or stabilise again, and also which are the best assets against it. For me I try to position myself against rising inflation by lowering my cash at the bank and selling all short term investment with no real interest. Instead of buying commodities I will keep buying crypto currencies.

I agree with your first and second point, both trading and investment are profitable ways to earn money in the crypto world. If we make our own research and identify optimistic projects we can make a lot of profits. But your third point with gambling is not so straightforward. There might be people who are lucky and manage to earn a lot of money through gambling, but the games are not in our favor. The casino has a house edge which makes gambling very profitable for the casino in the long run. As the average gambler we shouldn't look at casinos as a reliable way to make money. A fourth point o would add is offering services or selling things in the crypto world. If we can get paid in cryptos rather than fiat money we have another way to take advantage of the rising crypto prices.

I agree with you that taking profits is important if we want to grow our portfolio. HODL is a viable strategy for crypto currencies, but if the outlook of a coin is not optimistic anymore than shifting our money into projects is important. For me there are a few things I try to consider before taking profit. The first one is if I need money in the near future. For any bigger expenditures I look at using fiat money or if necessary crypto money. When needing money I try to take profit in the coins where I made the most profit. But before I sell any crypto coins I also look at how profitable the coin might be in the future. Because if I take profit today, I try to avoid buying the coin back in a few weeks. Saving some transaction fees can sum up over time.

The CSGO major in Stockholm finally started and there are so many matches to bet on. So far I bet on Astralis and Big. Probably many of us here who watch CSGO have bought the Major pass to earn some souvenir packages. The Pick em challenges are a nice addition to watching the games but we can't really win money there. I am just curious guys are you keeping your packages or selling them? I remember in the past the souvenir packages became very valuable over time.

Welcome to the forum, always great to see new users. Following bitcoins and other crypto currencies will show you more sich synchronised price changes in the future. Bitcoin is still the largest crypto market and has a large influence on other price. That is why we see such strong correlations between cryptos. So every time bitcoins are falling it is very likely that the alt coin market is going to follow. But the larger the other crypto projects become the more independent they should also become. In my opinion the correlation between crypto coins should be weaker in the future and get more into the direction of stocks. Where there is still general market risk that affects all stocks at once but also individual risk.