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321  Economy / Economics / Re: India as a developed country by 2047 on: September 13, 2022, 05:47:11 AM
India has enormous human resources, so that major developments in the field of education will have a tremendous impact on the country. On the other hand, if public health becomes a major concern as well, there will be more and more productive people, who have high self-awareness in maintaining cleanliness, and ultimately have a high level of health. especially if it is supported by adequate infrastructure, of course it will further reduce production costs
322  Bitcoin / Bitcoin Discussion / Re: What are people doing except holding Bitcoin? on: September 12, 2022, 07:37:52 AM
Some investors always think to take a quick profit. That's why they don't get success in bitcoin investment. There are also some investors who have little money but high expectations and are not motivated to invest in Bitcoin. However, experienced investors are not willing to take risks on any coin other than Bitcoin. It is true that investing in Bitcoin may take a long time to get returns or may be a long term investment but it is the best investment.
Less risk try to get higher return is in some investor minds, they try with quick way how to be richest person when investing in bitcoin but use small investment fund, looks funning because every day we got many people have bigger expectation when investing assets in bitcoin. Fact many people have been rich and get much profit when investing with bitcoin, but not have easy process and quick way how to get profit when investing in bitcoin.

Some investors need several years later for getting profit from bitcoin but how the change several investor minds with lower budget and try to earn much profit with bitcoin and they think bitcoin can be richest quickly. I think need to change with some investor mind about bitcoin need time and process how to earn much profit.
investment is to include capital into an asset with a long period of possibility to get a profit, if it comes sooner than expected, then this is our luck. especially for investors who are already professional, they invest a lot of capital in coins if it is safe and the money can grow, although the percentage increase is not much, but with large capital, the profit obtained is also large.
323  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: September 12, 2022, 07:27:01 AM
alot of posts seem to be focused on the price of bitcoin.
And it will always be like that, as long as there are other currencies or things that have a value. It needs a price for everything, so that we can check what something is worth. If this only happens with Bitcoin, then the values will be show linke that 0.00123 BTC without the price in dollars or euros. Compare it with a holiday in other country, there you also compare the values in your currency and the values in the currency of the country. That means the price is interesting as long as there are dollars and euros. Look at gold, the same.
the conversion of bitcoin to fiat currency will indeed be more interesting to follow its development. especially if the price goes up, there will be many investors who want to buy it, because with the increase it will bring everyone psychologically to take advantage of the moment, and the results can immediately be enjoyed because we have become rich and can vacation wherever we want. and from the price increase, we can assume that the profit increases with the capital we invest
324  Bitcoin / Bitcoin Discussion / Re: How Bitcoin changed my life on: September 12, 2022, 06:31:54 AM
Actually a lot of changes I feel from bitcoin, I can also increase my income with bitcoin, although it takes a very long time but I am very happy to be able to invest in bitcoin, but I keep doing my job and I don't go to my job, because I know money what I invested in bitcoin I will not be able to withdraw in the near future, because investing in bitcoin certainly takes a long time, but I believe every money I invest in bitcoin will definitely benefit.
from the beginning I knew bitcoin there have been many changes in me, especially the family economic factor, I am very grateful to my friend who has introduced bitcoin from 2017. Besides being able to help the family economy, what I feel is that I must be able to be calm in facing the market, and this make my attitude in social life better and more mature. we are required to be patient and move according to the plan, which teaches discipline in everyday life
325  Bitcoin / Bitcoin Discussion / Re: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly on: September 12, 2022, 06:23:36 AM

You just have to remind them why they invest in the first place. Remind them that BTC has limited supply, that if they sell their BTC they also lose the opportunity.

Some investors just rely to think thinking however that BTC is a get rich quick. Even the S&P somehow stops rising.
If they are not a trader, they should look for opportunities to still make money while there is a bear market like the dividend stocks or a brick and mortar business.
the wrong view that bitcoin is a get-rich-quick way that should be avoided, given so many incidents like this, they do not understand the bitcoin market. for those who are smart, of course, when the market is bullish they have prepared funds to make purchases when the bear season comes, so they will get more bitcoins at a cheaper price. but many are not confident to buy when the bearish season comes for fear that the price will come back down
326  Alternate cryptocurrencies / Altcoin Discussion / Re: is right time for investment ? on: September 10, 2022, 10:45:27 PM
The risk is very high if we go in to make presale investments when the market is experiencing a bear market because we are worried that the price when listing is beyond our expectations and the price rate will continue to fall along with the decrease in Bitcoin prices, but if you believe in projects it is better not to invest too much. the capital you put out during the presale and set aside other capital for price reductions at listing so you don't get a lot of loss.
at a bearish time like this time, I think it's best to invest in top coins, such as bitcoin, ethereum or bnb. that way even if the price continues to decline, of course, it will recover later and we will get a profit. this is different from buying on presale, which is not necessarily the project will run, indeed if it increases, it will get fantastic results. but behind it contains a very high risk, and I don't think it's worth it
327  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be true? on: September 10, 2022, 10:34:55 PM
Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
requires luck or professionalism in trading, and of course it takes time if you are a professional trader. because without them it would be impossible to raise that much money. if we only rely on luck I think it is very difficult to happen, because luck is beyond our control, so no one can plan it. therefore I suggest to be professional by seeking profit according to market conditions and in accordance with the work plan that has been implemented, so that we are not greedy and panic sell
328  Alternate cryptocurrencies / Altcoin Discussion / Re: Biggest mistake in crypto? on: September 10, 2022, 10:26:45 PM
the biggest mistakes made by me in the world of crypto? not having bought bitcoin in 2009 and etherium in 2018 at very low prices compared to the current ones

It seems that you are not the only one who regrets not buying Bitcoin and Ethereum in the first place when they were so cheap. But indeed
who would have thought Bitcoin and Ethereum could be as big as they are now, rather than living in regret. We better learn from our mistakes,
which is because we already know that Bitcoin and Ethereum have a bright future. So we shouldn't waste the opportunity to collect as much Bitcoin
and Ethereum as possible right now. Indeed, if we compare the current Bitcoin and Ethereum prices compared to 2018, Bitcoin and Ethereum prices
are now very expensive. But we have to remember in the future the price of Bitcoin and Ethereum will be much more expensive than the current price.
So buying Bitcoin and Ethereum at current prices will allow us to generate huge profits in the future.

people will feel sorry if they find out later, and that's not a mistake. because no one really knows what will happen in the future, not even everyone knows it. who would have thought the bitcoin and ethereum project would go this far, of course we can't blame time. After all, if we invest now, maybe in the future we will be able to assume that the current price is very cheap, but is there no worry to buy, just like in the past Smiley
329  Economy / Trading Discussion / Re: Tips for newbie to long-term investing on: September 09, 2022, 12:02:26 PM
Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.
Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.
I think there is no problem for long-term investment in bitcoin, as long as we are able to maintain the psychological to keep it. but it will be different if we want to hold altcoins in the long term, of course it will have more risk and require specific thinking to analyze the market, although in general buy low sell high, but believe me it's not that easy. In addition to choosing the coin, in long-term investment, of course, we must pay attention to the security of the wallet used.
330  Economy / Trading Discussion / Re: Binance to remove USDC as a tradable asset. on: September 09, 2022, 11:46:51 AM
According to the Binance article that I read about it through the twitter link that you posted above, not only USDC, but USDC, USDP and TUSD.

According to the Binance article, people will still be able to deposit and withdraw in USDC, USDP and TUSD. But for trading, it would be automatically converted to BUSD on Binance. But if you deposit USDC, USDP and TUSD, you will be able to withdraw in the respective coins.

I hate this about Binance that is looking for all means to make sure BUSD dominates the stable coin by all means,
This is just the way business works, it may seem unfair but it is obvious that binance is going to want people to use their own stable coin instead of the other ones you can find in the market, and while they cannot force you to do so they can at least guide you in that direction.

So if someone doesn't really like to move they can always leave the binance exchange behind and use another platform which allows them to use the stable coin they want, but I doubt many traders or investors are going to leave binance over something like this, and it is likely that binance thinks the same, which is why they have pulled off this move.
I don't think this will have much effect on Binance, and there won't be any switching customers, let alone those with large capitals, which require security of funds when using the exchange. there is still a choice of stable coins on binance, and if we pay attention of course this will be useful for traders to secure their assets after selling the traded coins and waiting for the moment to buy
331  Economy / Trading Discussion / Re: Trading and financial planning. on: September 09, 2022, 11:38:54 AM
Quote
*Don't rush into any investment or trade without a safe financial plan. As this could save you from any form of financial wreck.
Well, of course, financial planning is very important, and to have clean support in regards to budget for trading. However, this is not how trading becomes profitable, what we just need to do is to have an effective trading strategy and knowledge as planning won't simply work without proper execution and turns useless. I'd say that it was very important to have all of these things works together in order to become successful otherwise, it is a failure. Perhaps, being smart traders have always a plan and are patient.

need a process to be able to run all that, because not all traders can do it well. Trading knowledge becomes mandatory to know in advance in order to understand how market conditions are and apply it with a good strategy, and then financial planning or financial management is carried out to manage and distribute funds to carry out good investments and trades. without doing financial management, of course, you will not get satisfactory results because money only revolves around one asset.
basically in this case the success of a trader can be determined by 3 things, namely psychological, money management, and analysis. The most affecting of the three is psychological, where many people fail as a result of panic selling, while with wrong financial management, of course, they will get less than optimal results, because we have to maintain the security of funds for the main thing. and technical analysis is precisely the thing that most traders are hunting for in order to master it, it is actually the smallest determinant of success among the others.

and in essence these three things are equally needed and interrelated. if one is not used of course there will be risks that will occur. Psychology is included in being the final determinant when all strategies are applied. psychology can be well shaped with trading experience.
Right now I'm even still learning how to manage my psychology so I don't panic too much with all market conditions and I'm also honing my skills in technical analysis.
psychology occupies the largest percentage in determining trading success and the second determinant is financial management, this also has a big role in maintaining asset stability, thus keeping psychology calm. while TA is the third determinant, although trading techniques can be learned in a short time, but it will not necessarily guarantee our trading success without financial management and psychological management. so that all three can influence each other
332  Economy / Trading Discussion / Re: Do we gamble or trade? on: September 09, 2022, 07:42:28 AM
People will react on this with the level of their understanding, because their is difference between gambling and trading, i know that the two embraces risk. But one thing i find out in gamble is that it's a game someone else will determine if you will lose or you will make a profit. Why trading is like institution where you will learn different methods of ways to make it, if you understand the primary things concerning trading, you can skip the forms of getting lose everytime. You can control your risk according to the last comment of someone here.
Trading is something complex, where there are several factors that can influence it. many of us are looking for the right method for ourselves to make a profit, and besides that we are required to remain calm and disciplined with the plans that have been made previously, because in many cases we actually experience panic when trading so this has a bad impact on decision making at the end of trading
333  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Just went short on LUNC on: September 05, 2022, 07:23:13 AM
You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.
Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them.
On point, if you are a trader that focused on TA you can actually see this as attractive but if you are more on a fundamental analysis and a long term trader, you might not want to get involve on this LUNA project again. Many are still afraid to get LUNA even if the price recovers, it looks like they are traumatized for losing money instantly. Well, we cannot blame those people after all. I can’t find any specific reason for this pump, any good news from Luna?
this includes psychological pressure in trading, although it is actually natural for us to be traumatized by something that failed in the past. but I think we can take the risk by putting a little capital to buy it. as was the case yesterday LUNC experienced a small pump. but I suggest not to hold it for the long term, because it is very risky. therefore using TA would be better for short-term trading on LUNC
334  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoin will go 10x this year? on: September 05, 2022, 07:12:29 AM
If you want to see any altcoins that will do x10 for you as at the current situation of the market, it has to be of shitcoins on dex exchanges, there are lots of shitcoins doing x10 and above I've seen shitcoins doing x150, but the problem with such dex is that rugs are much more than good project, it's more or less like a gamble, when you win, you win big and vice versa

What you say is true, usually in bear market situations that can provide profits of up to 10x are usually shitcoins or new coins. But as we all know
the risk is very high, meaning that if we choose the wrong projects, we will lose our money. That's why my advice is not to be too obsessed with
big profits when investing in crypto, it just forces us to make the wrong decisions. Especially in a bear market we should be wiser in spending our money.
My advice is to invest in projects that are safe, even if the profit generated is small. At least if we are patient to accumulate the resulting profit,
we can get a big profit in the end.
I think it's very difficult to choose the shitcoins that will pump up to 10X, it's like looking for a needle in a haystack. especially for new projects nowadays all of them have good white paper, and sometimes have a team that has been successful on several previous projects. but on the way most of the altcoins can not grow and are thrown from the exchange because there is no interest, and usually after the pump there will be a dump
335  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Altcoins Follow BTC Rally? on: September 05, 2022, 07:03:02 AM
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
Almost all Alts depends upon the price of Btc. Btc price show the fear and confidence of investors in crypto. Usually when BTC Up then big alts like Ethereum,bnb, Dot,Sol etc are also moving upside and if BTC down other coins down so quickly. The best time for alts coins is when BTC rise and the. Stable for some week there then all Alts starting to reach ATH.
We may seen fake pumo in bear market but all will be for short time and will apply on Low cap coins

Most altcoins go along with the status of Bitcoin. Now that we're in a bearish situation, we can't expect that there will be independent altcoins that could rise up while Bitcoin is down. They are all Bitcoin dependent and we can't question that because Bitcoin is a top coin and is also known as the father of all cryptocurrencies. During the bullish season, most potential altcoins also pump.
This is how we've got our cryptocurrency market. As we're in the bearish market we weren't able to experience price rally on bitcoin. In between there is some positive moves in the market, and that doesn't last for longer time period. Maybe with time we can experience a good bullish move with the altcoins followed by the growth taking place with bitcoin. Based on experts prediction, this is the time for traders to make good profit as there is regular fluctuation.
basically the movement of bitcoin becomes a signal for the movement of altcoins that always follow it. and this happens because of the psychological factor of most people who believe in it and the high trust in bitcoin as the mother of cryptocurrency. until now bitcoin still dominates in cryptocurrency, even there are still many people who think that cryptocurrency is bitcoin. therefore if bitcoin experiences a reversal, then the opportunity for altcoins to jump higher
336  Bitcoin / Bitcoin Discussion / Re: Can this be the reason some people are afraid to invest in Bitcon? on: September 03, 2022, 06:33:45 AM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.

I am also a victim. Wish I had joined this forum earlier.

I have felt this since I was a child, where I studied diligently and later I was able to work in an office with a comfortable life. but over time, I think finding financial freedom will be happier, and this will be hard to come by if we work in an office. for that we can imagine if we understand bitcoin from the beginning of course we now have financial freedom, and that happens for those who can always learn from the times. but don't worry about missing the moment, because as of now there are lots of discounts from bitcoin to buy
337  Bitcoin / Bitcoin Discussion / Re: mine a Bitcoin or buy a bitcoin? on: September 03, 2022, 06:22:56 AM
When we consider the cost of the mining like hardware and electricity and also the risk factor it is better to just buy 1 coin if you are Bullish like I am and suspect the 'Bear market' will be over in less then 2 years.
Buying is effortless and better.

If you don't intend to be a miner then you don't have to mine and make an effort of building everything. Just buy and hold it on however long you want it to hold.

The goal is to have at least 1 BTC before another unexpected huge bull run comes.
It is based on one's financial strength, because buying bitcoin during this bear market seems to be fair than spending on mining equipments. As the above mate suggested, rather than being a miner just buying and holding will bring assured profit long term and there is no need of unwanted pressure handling the maintenance and other power issues associated while mining.
Bitcoin profits can indeed be bought not in full quantities, so we can buy according to our ability and then hold it until the bullish season comes. on the other hand, by mining, we also spend a lot of capital on the other hand with the amount of electricity used where we pay according to fiat money, so when bitcoin experiences a big correction like today we will have trouble with operational problems every month. that's why I prefer to buy and hold it
338  Bitcoin / Bitcoin Discussion / Re: Bitcoins future is Bright on: September 03, 2022, 06:13:21 AM
Yes, its future is on fire and during this dim time, it will even shine higher when new ATH is reached when comparing to current time now.  This is a good time to build wealth.
What is needed now is patience and a strong hand because indeed for now we still have to wait and wait.
Bitcoin is going to shine again and this is something I really think will happen. We know some of their gains in the past few years and obviously now it's also likely to be like that but it will take some time to get there.
Hopefully, those people can have patience and a strong hand because I see many who can't do it. After all, they panic when they see the price rise and vice versa. I don't know if they bought late or sold late and made a loss so they decided to sell quickly. If they know that bitcoin's future is good, they won't sell their bitcoins too quickly but instead, hold on to them until the price reaches a new ATH later.
The future of Bitcoin is really bright. But for those trying to hold bitcoin long term I would say hold their bitcoin long term.And new ATH will be created very soon and then they can sell their bitcoins.But I think the day is coming soon when Bitcoin will break all time records and set new records.But hold on to your Bitcoins and wish Bitcoin a bright new future. And hope to see it soon.
Hopefully, it will happen soon, within this year or next year, especially if big companies make mass buying in the market. For people like us who don't have a lot of money to buy bitcoins all at once, we should be able to set aside some money to keep buying bitcoins at low prices so that we can expect to earn big profits in the future. Even though holding bitcoins looks difficult, we must keep trying because we will surely see the profits coming to us.
by looking at bitcoin's track record from the start, we can conclude that bitcoin will move up and always form new ATH, considering that bitcoin always forms new ATH as the number of investors who enter is increasing. especially if there will be many governments that legalize it, of course it will make the impact of trust in bitcoin will increase for the laity, and if good news continues to happen then what we hope will always happen
339  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be worth zero? on: September 03, 2022, 06:03:26 AM
Bitcoin can not drop to zero, it is not like other altcoins that does not have value in the market. If Bitcoin is experiencing the bear market that doesn't mean the price of bitcoin will drop to zero. It is only shit coins that have the tendency to drop to zero.

what you say is true, because bitcoin is different from altcoins, and if for example the price of bitcoin goes down very deep I think people will definitely sell altcoins and will switch, that is, they will definitely buy bitcoin. so my view is also bitcoin will not touch zero price.
Agreed the market of bitcoin is different from altcoins. People swap between the two. This keeps the market for bitcoin amidst different forms of issues around. So, usage keeps the circulation stable and never let the price down beyond certain limitations.
In cryptocurrencies, the parameter for price movements to date is bitcoin, so if bitcoin goes to zero, the history of all cryptocurrencies is complete, because it's like a baby who doesn't have a nanny, and bitcoin is that caregiver. therefore I think it is very difficult to make bitcoin to zero. especially now that bitcoin has spread into many hands, so it is very difficult to make one thought, and I don't think the whales will do it, because the money field for them is this market
340  Economy / Trading Discussion / Re: Bitcoin Longterm Price Target on: September 02, 2022, 06:28:57 AM
It's hard to predict the actual number of even if we meant long term. Bitcoin all time high is just increasing every time we experienced bull market, On the next bull run we might experience past 60k and it's hard to tell when will this increase stop given that the demand is just increasing and the supply is fixed. I believe that we can see a near accurate price if bitcoin stop appreciating and not passing it's all time high on a bull market.
That is why I don't even think about many from now but rather focus on the current situation. Perhaps, we don't have any idea how long this Bitcoin gonna stay. While this still exists and we can still make benefit from this, we have to take this opportunity then. Because whether it goes up or went down, people will still accept it as we know the nature of the market. But speculating what will happen many years from now, makes no sense to me at all.
there will be many different views about bitcoin, but indeed the best thing is that when there is an opportunity, we must immediately take it. just like when bitcoin experiences a bullrun, then we have to sell it immediately, because if we keep holding it, there will be a very deep correction, and no one knows when a recovery will occur. therefore take part during the bullrun and diversify it in other investment areas, and provide reserves to wait for the buying area
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