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281  Bitcoin / Bitcoin Discussion / Re: Little Bitcoin investment becoming something else on: April 25, 2023, 05:15:17 PM
This is not the best place to ask for advice. In fact, it's better not to take financial advice from strangers at all.
Probably, when you invested your money, you set yourself a goal - a target. Start from it and do what you think is the best.

For example, for me such an amount is not considered a big profit so I wouldn't sell it. But we're all different and we have different goals, so this could be a good deal for you.

I fully agree that seeking financial advice from strangers or the internet is not the best idea, but I think there is nothing wrong with sharing in this forum so that someone is more confident in making investment decisions and they are taken based on updated data and facts, even though the end abaout decesion maker is in their hands Alone.
282  Bitcoin / Bitcoin Discussion / Re: Gas station payment with bitcoin. on: April 25, 2023, 05:01:55 PM
First of all I congratulate you on the initiative to promote Bitcoin in your area by accepting Bitcoin payments at your gas stations. This is a great way to spread awareness and promote cryptocurrency adoption. To make transactions I think it's good to create a separate wallet for your business transactions so that your personal Bitcoin funds are kept separate and if your customer asks for a choice of paying using a Bitcoin wallet provide a safe and easy to use, automatic platform that is already available and has legality that is legal to use at your place.
283  Bitcoin / Bitcoin Discussion / Re: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! on: April 25, 2023, 04:54:24 PM

Let me know your thoughts. Or share some of your own experience.


Regarding your question above I think Knowledge and related experience are equally important in learning Bitcoin in my opinion because Knowledge provides a foundation for understanding the technology, its history and potential use as well as the technical aspects of Bitcoin, such as how it works, how transactions are confirmed, and how the blockchain functions.

Understanding the theory behind Bitcoin is one thing, but having hands-on experience using and trading it is another and I think experience can help us gain a deeper understanding of how the technology works in practice, as well as how to navigate the market and make sound investment decisions. This experience can be gained by investing in Bitcoin, trading and using it for transactions.
284  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH vs BTC future growth potential on: April 25, 2023, 04:45:10 PM
Yes, The cryptocurrency world has been growing at an unprecedented pace in recent years, with Bitcoin (BTC) and Ethereum (ETH) emerging as two of the most well-known and widely used cryptocurrencies. I think this topic is interesting, especially in terms of the growth potential of BTC and ETH in the future, of course, both are good investments, it's just that BTC often gets negative sentiment while ETH, although there is, is very rare.
285  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it advisable to invest on Solana? on: April 25, 2023, 04:27:43 PM
Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.

what i know is that soluna is the fastest reborn when a correction occurs, but for now i don't follow it anymore but basically Solana is a fast growing blockchain project that offers fast and cheap transactions making it attractive to investors. The choice is yours to ultimately invest in Solana in alignment with your financial goals, risk tolerance, and investment strategy so that you can take profits in the future.
286  Alternate cryptocurrencies / Altcoin Discussion / Re: ICP - Good investment? on: April 25, 2023, 04:18:18 PM
I think that investing in the world of money market is free and if you choose ICP as an example I think it is a promising project, but it is important to consider the risks before investing especially the current price decline often makes us dizzy and must be taken into account. I don't think anyone can predict the future yet, but if you see a potential 20x return that would be very interesting. So, my advice is to do further research, including understanding technology, adoption, and the community for the project you want to invest in, don't let it end in vain.
287  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Shiba inu get to $1 on: April 25, 2023, 04:09:42 PM
to reach $ 1 is very difficult and impossible, so I am not sure if Shiba Inu price can reach $ 1 and in my opinion Shiba Inu is also not good for long-term investment, because Shiba Inu is a meme coin, so the risk to invest in Shiba Inu is very big, even though Shiba Inu is one of the popular meme coin, but I'm still not interested to investing in Shiba Inu.

That's not possible. What to expect from a token meme? this is just a token that relies on speculation to go up. Having no use cases and abundant supply, nothing can make a Shiba inu 1 USD.

My view is that while it may be true that the Shiba Inu is a meme token that relies on speculation to rise, it is not necessarily true that the Shiba Inu cannot reach a value of 1 USD and the large amount of supply does not necessarily determine the price of a cryptocurrency.

First, Even though the Shiba Inu may not have a current use or use, it can still increase in value based on market demand and investor sentiment. Additionally, Shiba Inu tokens have gained significant popularity and a large following, with several high profile endorsements and partnerships. This has led to increased awareness and adoption of the token, potentially increasing its value.
288  Alternate cryptocurrencies / Altcoin Discussion / Re: What role have altcoinsplayed in the entire cryptocurrency industry on: April 25, 2023, 04:03:51 PM
Bitcoin remains the main and dominant cryptocurrency and that is for sure but its limitations have hindered its wider adoption and scalability.

The presence of altcoins itself, especially now with more users, makes it an option and opportunity for investment and trading. yes. There are many altcoins that have played a significant role in the growth and adoption of cryptocurrencies in the global market and Altcoins have provided a solution to many of the problems that Bitcoin faces, such as transaction speed, scalability and privacy.

Maybe I think this is what causes increased competition and innovation in the industry, which eventually leads to the development of new technologies and improved features for Bitcoin and altcoins and I think this is natural and has a positive impact on the market as a whole.
289  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 22, 2023, 01:01:32 PM

True and in my opinion, that not all purchases are created equal. Although lately there are many advertisements that may be tempting as you say it means it is important to refrain and say "no" to items that are not necessary. Spending more than you make can lead to a variety of financial difficulties, including debt, high interest rates and decreased savings.

I think To avoid these negative consequences one should make a habit of carefully evaluating their purchases and focusing on the important things over the pleasures by learning to prioritize needs over wants and creating a budget can be a useful tool in this process as well as getting used to it.
290  Economy / Economics / Re: New currency from BRICS countries on: April 22, 2023, 12:45:59 PM
Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.

As I can see all these things to manipulate BTC right? What are your thoughts about this?

Given that the creation of new currencies by the BRICS countries has the potential to impact global currency markets, it is unclear whether this was specifically intended to manipulate BTC or other cryptocurrencies. I think the impact of any new currency on cryptocurrencies will depend on various factors such as the rate of adoption, stability and overall economic conditions of the countries involved.
291  Economy / Economics / Re: What do you think of gold price in long term? on: April 22, 2023, 12:34:39 PM
As fiat currencies dump, some countries are moving towards increasing the amount of gold they have in their reserves. More specifically some of them are dumping US dollar to replace it with gold. For example India recently bought 200 tonne of gold and there is rumors of more conversions happening. China has been doing something similar under the radar. So are others.

However, we haven't seen any significant changes in gold price yet to approve the above news.

I'm wondering what does everyone think about gold price in the long term, specially in coming year or two as the conflicts get worse and more economies crash which would push regular people to invest in gold and more governments to start increasing their gold reserves on larger scale.

If pay attention to the moment Several countries have increased their gold reserves and reduced their dependence on the US dollar. If I'm not mistaken, the factors that can affect the price of gold include global economic conditions, interest rates and inflation rates. I think this Trend has the potential to cause increased demand for gold and could push the price up in the long term. Moreover, in times of economic uncertainty, people tend to turn to safe-haven assets such as gold, which can further increase demand and prices.
292  Economy / Economics / Re: Why America Can Be The Biggest Economy In The World? on: April 22, 2023, 12:26:51 PM
because so many businesses were thriving there in the first place, as well The US has a culture that encourages entrepreneurship and innovation. This has led to the creation of many successful companies, from tech startups to established multinational corporations.

Yes, if one looks at it, it does. For starters, the US has a thriving business environment, which has produced many successful companies across a wide variety of industries. related culture in the US also encourages innovation and entrepreneurship, which in turn drives business growth meaning the combination of these factors allows the US economy to grow and develop consistently, making it the dominant force in the global economy. As long as these factors persist, America's economic dominance is likely to continue for the foreseeable future.
293  Bitcoin / Bitcoin Discussion / Re: Bitcoin as indestructible asset on: April 21, 2023, 11:28:04 AM

Anything that happens in the world (regulations, hacks, bear markets, bad optics, negative news, etc) can only slow Bitcoin down, it cannot destroy or stop Bitcoin. Bitcoin is forever.


I think it's also worth considering the potential long-term impact of government regulation on Bitcoin. Even though the current regulatory landscape is relatively favorable for Bitcoin, there is always the possibility that governments may enact stricter regulations in the future which could negatively impact its adoption and value. Therefore I think it is important here to monitor regulatory developments and adjust one's investment strategy and while it is true that Bitcoin has demonstrated remarkable resilience thus far, it is important to remember that no investment is without risk it is necessary to carefully evaluate your investment objectives, risk tolerance, and overall portfolio diversification strategy when considering investing in Bitcoin or cryptocurrencies. other cryptocurrencies.
294  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of play to earn games on: April 21, 2023, 11:12:25 AM
What do you think about play to earn blockchain games? Do you think that video game players will one day abandon Sony and Microsoft companies for play to earn games or Microsoft and Sony will one day be forced to allow play to earn games to run on their gaming devices?

Yes, if we take a look, Play-to-earn blockchain games have definitely shaken up the gaming industry, with their unique combination of play and earnings. It's difficult to predict whether traditional game companies like Sony and Microsoft will fall behind, or whether they will adapt to the trend and incorporate play-to-earn games onto their platforms. However, with the increasing popularity of blockchain technology and cryptocurrencies, it's clear that the play-to-earn game isn't going away anytime soon. Who knows, maybe we'll see the next play-to-earn game become Minecraft or Fortnite!
295  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment involves being realistic, doesn't it ? on: April 21, 2023, 11:09:44 AM

I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?

Yes, investing always involves a realistic attitude and it is very important to have a clear plan of when to buy and sell your investment. This is especially relevant when compared to emotional decision making based on short term market fluctuations which can lead to bad investment decisions and losses.

Although having a set of pre-defined criteria for buying and selling, such as a certain price point or changing market trends I also think this can help remove emotion from the decision-making process and increase the chances of making a profitable investment.
296  Bitcoin / Bitcoin Discussion / Re: Why does It takes time for market to be bull on: April 21, 2023, 11:02:54 AM
Yes, I see it is not much different. The cryptocurrency market, like any other market, is influenced by various factors, both internal and external. These factors include supply and demand, market sentiment, economic and political events, and advances in technology. When there is an increase in demand for Bitcoin, the price tends to rise, and when there is a decrease in demand, the price tends to fall. However, markets are constantly changing, and it is difficult to predict how long a bull market or a bear market will last.

I guess One of the reasons why the market takes time to turn bullish is due to the nature of the Bitcoin supply. The total supply of Bitcoins is limited to 21 million, and new Bitcoins are only created through a process called mining. As the number of Bitcoins mined approaches a limit, supply becomes more scarce, which can increase demand and drive up prices.

However, markets are also subject to sudden changes in sentiment or external events, such as government regulations or technological advances in competing cryptocurrencies. These shifts can cause sudden price swings and make it difficult for the market to maintain a steady bullish trend over a long period of time.
297  Bitcoin / Bitcoin Discussion / Re: Investing against 2024 on: April 21, 2023, 10:58:40 AM
Following my journey in the money market world, I think governments around the world are starting to pay close attention to the use and regulation of digital currencies, which have the potential to affect their value and stability in the future. If someone wants to invest in cryptocurrencies or other things first understand the investment objectives before making any investment decision. So, I think that investing in Bitcoin ahead of 2024 will not necessarily be a wise decision because it is risky and there are many factors that can affect the value of the cryptocurrency in 2024.
298  Alternate cryptocurrencies / Altcoin Discussion / Re: If I have $40,000 to invest in one #cryptocurrency. on: April 19, 2023, 05:50:36 PM
All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.

*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?

- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK

These are some of the best I have seen so far.

*What advice would you give me?


You can split it very easily Into BTC, ETH and Automatic and this is my reason BTC and ETH are the two biggest cryptocurrencies by market cap and have an established track record. They are considered a relatively safe investment in the cryptocurrency market, but are also subject to high volatility.

MATIC promises cryptocurrency with strong technology and growth potential. However, they are relatively newer to the market, which carries with them higher risks, but also possibly higher rewards.

I wonder why you didn't include BNB in your options??
299  Economy / Economics / Re: Economic power on: April 19, 2023, 05:37:13 PM
As everyone knows, economic power refers to the ability of individuals, organizations, industry, governments and nations to control and influence the production, distribution and consumption of goods and services. Economic power is very important because it provides the necessary resources to build and sustain other aspects of life. Regarding Political power, in my opinion although it is important, it cannot survive without a strong economy because Lack of economic strength can cause various problems, such as poverty, unemployment, and social unrest.
300  Economy / Economics / Re: Advises 'Get Rid of Your US Dollars Now (Economist Peter Schiff) on: April 19, 2023, 05:31:31 PM
I think the move towards dedollarization is a complex issue with potential advantages and disadvantages. While adopting alternative currencies can provide greater economic independence and reduce currency risk exposure, there may be negative impacts on the world economy, such as increased volatility and uncertainty and on the other hand the dominance of the US dollar has become an integral part of the functioning of the global financial system, thus sudden shifts away from it can cause significant distraction.
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