Bitcoin Forum
June 14, 2024, 01:54:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 »
321  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a medium for donations on: April 27, 2024, 06:58:11 PM
This is an interesting article altogether, nice facts put together, another thing I love about using bitcoin as a means of donation is that most persons love to keep a low profile when offering donations and bitcoin offers then that privacy and they can't be traced making it a better means for donations than fait.

And also if I were to receive bitcoin as donation, I could also chose to keep it for longer and let the value grow, although it's not very advisable if you can't or won't be ready for bear.
322  Bitcoin / Bitcoin Discussion / Re: Please, I urge you to buy bitcoin! on: April 27, 2024, 06:42:36 PM
Funny enough only a certain amount of persons woudl ever be able to own Bitcoin cause its not enough to go around, if only one person could have 100 or 2000 to himself what about the other late comers that would to buy the scraps and by then bitcoin would so fucking expensive.

Yeah I believe that everytime us a good time to buy bitcoin buy soon enough it would be fucking late for an average person to afford and the only option them would be to invest in altcoins, the truth is anyone who knows about bitcoin now that isn't taking advantage of it would be missing out on a lot.
323  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 27, 2024, 06:35:29 PM
You do not need to give him this kind of advice. You can advice him about how bitcoin is a good investment and that he can invest in it, but do not take it to the level of involving his parent company. Let him be the one to make that thinking and decision by himself. If bitcoin price start falling after he invested his father company money on it, he will start to blame you, even though the price of bitcoin will later still increase above the price he started investing.

I so agree with you, there is a lot to take to notice which I'm not sure this friend may be ready for when investing in bitcoin, to invest in such a volatile asset you need to be prepared for loses and more over every investment has its risk and if he want to succeed as an investor it has to long term and he must use money he won't miss to invest in bitcoin, my reason is simple bitcoin should not be the main source of income of this company or the only asset they are holding.
324  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving is hours ago. Will you hold your BTC to April 2028? on: April 27, 2024, 06:30:12 PM
I believe that is a personal decision for everyone to make individual and every investment has a timeline of maturity.

IMO it all depends on how much Bitcoin you have been able to accumulate over the years, what would be the need to sell so early if you have not held bitcoin or accumulated enough bitcoin to have some compounding effect on your investment. So basically if you have made profits it's worth selling.
325  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: April 27, 2024, 06:17:51 PM
Most crypto projects were just created as an MLM scheme to make money for their creators, you would find a lot of unless meme coins that are dead and while they were still in their launching phase they disguised as tho there held any promise. But at the same time you would find many that has profited from this meme coins despite having no real utility and that huge profits they offer still attracts a lot of persons to them and they would eventually fall to other scam projects if there are not careful.
326  Local / Off-topic (Naija) / Re: Eating healthy on: April 25, 2024, 10:21:46 PM
Most times, we tend to pay more attention  to  other stuff and we don't  actually  take sufficient  care of ourselves.  We give attention to work, and other things aside what we eat and  the quality  of  exercise we carry out, forgetting  that this is physicality and when the body is not well taken care of, your other functions  will be affected , and generally our output is barred or declined.  Eating healthy isn't always the best of cuisine,  as it depends on your health condition  to some extent.  For example,  eating sugar isn't such abad thing, sucrose and all of that has its work in the body, but then , its not a healthy one for diabetes  patience.
Then getting  into diets help to shape your day to day activity  and bring out your maximum  output
327  Economy / Speculation / Re: Every moments of bitcoin value is appreciable for investors on: April 25, 2024, 10:05:02 PM
Investing and holding Bitcoin is always beneficial and does not matter the market condition. Although there are several ways to accumulate Bitcoin one of the recommended ways is to do DCAing. The current market condition is just a phase as after those big gains profit booking was going to happen. In the past before halving Bitcoin would always go through a major correction this might be another correction on the cards. Or it can be a temporary phase as the demand to buy Bitcoin is growing whereas the supply is limited for now. After halving the supply will be lower than now but the demand won't fade away so expect another big push on the price of Bitcoin after halving thanks to spot ETFs.
Yes, and then when it comes to it, short term investment  you tend to monitor the market, and keep track of the movement of the market. As the price changes are most affecting  in a small time frame  while when it comes to  long term  investment , accumulating  and holding bitcoin,  there is no need to monitor the market conditions  as  this exposes you to panic at dips, lose composure and sell of your holdings, although this is most common among beginners  and relatively  new bitcoin  investors,

 when it comes to bitcoin, no matter the irregularities,  the price curve is an upward one.
Corrections are there, but then bitcoin still climbs upward.
And I agree with you that  after the halving,  btc demand won't fade away.
328  Other / Beginners & Help / Re: Can Bitcoin be a full time career for investors? on: April 25, 2024, 06:04:47 PM
Being a long term investor won't favor you much if you want to make it a full time thing, since you'll be sailing  high and lows with  your bitcoin  profits as your only hope of income.
On the alternative,  just  having another source of income  to fuel your bitcoin  holdings  is a wiser route to take, as you will have emergency  fund  at hand, and you will have no need to touch  your  holdings.
329  Other / Beginners & Help / Re: Where best to enjoy this forum... on: April 25, 2024, 05:23:59 PM
This topic is open only to personal  interpretation  given that whatever you say isn't  universal  and will be regarded as your own opinion as it may not be the best in my opinion.  That said,  I think it's better experienced on mobile, even if the  forum  is built for desktop,  it's better on mobile on browsers with desktop view option, since you can take your phone anywhere, and you can be active on the forum  even on the go, and for the sake of mobility I think  it's the better, since it doesn't  lack essential  functionality.
330  Economy / Economics / Re: Is Bitcoin’s bull run coming to an end? on: April 25, 2024, 04:59:26 PM
The price fell by 3.78% today,Current price $61748.But it’s still a price I can’t afford

You didn't know it dropped to 60+ yesterday and that means it has appreciated today. Anyway, stop bothering yourself about price fluctuations because you are going to see more of it soon when the volatility increase because of halving.

Meanwhile, you don't need to buy 1 btc, all you need is some Satoshi to hodl while expecting the price increase to make your own profit. However, price is going to improve with time after halving.
Yes, bitcoin price will be even more volatile in the coming days so expect that there will be consistent upward or downward movement of btc price, which means we will witness a roller coaster ride for bitcoin. Hence, if you are not vigilant enough to observe the price of bitcoin, still you will miss another opportunity to buy bitcoin. That is why instead of waiting for another price dips, why not buy a small portion now so you can have something to call your own. Bitcoin bull run is not coming to an end, just because of this price correction. In fact, we are just starting to witness a bullish market which will eventually lead to a real bull run in the next couple of months.
Really,  to avoid  panic in the situations,  I think it's wise  not to 'track' the market, especially  if youre a long term holder, as it'll be distracting as well as it'd open you to the panic you should be avoiding.  The inclines and declines could also be an emotional  roller coaster, as it'd come with its own share of sharp inclines and declines, lots of it. Gaining composure and trying  to keep accumulating  is key here, regardless of if the bull run ends soon or far in the future.
331  Economy / Economics / Re: Starting a business without capital. on: April 25, 2024, 04:43:51 PM
Yes, you can start a business with no money. You just need to be strategic and patient in your approach. Before you dive into the startup process, here are a few things you should do first.

Keep your job 

Don’t get carried away by your business idea and immediately quit your job to start a sole proprietorship. Be realistic about your life and willing to compromise in other areas. You can run the business in your spare time, on weekends, holidays, or after work. 

Your job will ensure your livelihood isn’t relying on the success of your business. Besides, you can save your business’s profits to fund costs that might arise as the business grows. Keep doing what you’ve been doing for a living with the aim of working hard and smart on your business. You can decide to leave your job when the startup can pay you.
Analyze what you need to run your business, and what the gaps are in your own abilities. Then, all you need is an internet connection to start searching for small business resources. 

Whether you need to fully outline your business structure, write a business plan, create a marketing plan, research licenses and permits, or even register your business—there’s likely a free template, tool, or article out there for you to check out. 

You can also use free trials for paid business tools. This will give you an idea of the overall functionality and help you determine if it’s worth eventually investing in. 

With limited monetary resources to start a business, you can invest your time wisely by forging the right networks. Get to interact with businesspeople in your respective industry. You’ll learn a lot from entrepreneurs on the same journey as you. 

If it’s a unique business, still network with other entrepreneurs. Other people have been down a similar road before. You can learn what it takes to run a successful startup.
Having cash at hand isn't the first step in starting  up  a business. 
In my opinion, the first  thing is to identify  the business idea, or product, and carry out a market research,  that is, how the market behaves around the kind of product you offer, or the niche you're getting  into.
Another critical aspect of starting a business with no money is spreading the word about your product/service to your customers. You obviously don’t want to invest a ridiculous amount of money in your marketing efforts. So, it’s best to focus on organic options as part of your initial marketing strategy. 

Whether you’re selling a product or service, testing the idea with no cost or the least cost possible is advisable. A minimum viable product (MVP) is a new product with core features to test its viability in the market. The purpose of an MVP is to see the early customers’ experience with the product and use the feedback in further developments.

One way can be conducting a crowdfunding campaign. If they’re interested in investing after using the product/service, then that’s a good indication that the business idea is worth pursuing. Even if you don’t get the funding, their feedback will guide you on which areas to improve.

Tap into the power of social media. You can create a post, page, or short video about your product/service, share it on social platforms, and see how many people are interested. Their interaction, such as preorders, comments, views, shares, or reactions, will indicate something about your idea.

You can create a website for your product/service and check website metrics. Use low-cost or free websites and web analytics tools available.


332  Other / Off-topic / Re: How can we help beginners not to get addicted on: April 25, 2024, 02:48:57 PM
Addiction is a tricky thign at times they never know they are addicted until its already too late, just like someone who starts smoking or drinking, at times it could take do long for some to get addicted and others lesser.

The best way to reduce Addiction amongst beginners is to let then know the potential loss that gambling addiction can cause them and teach them how to control themselves, it's wrong to chase losses, but do you know when you are? These are questions that beginners should know and realise that such habits can lead them to incurring losses in gambling. So yeah I vote for education.
333  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 25, 2024, 02:39:41 PM
To me, I think the essence of all this which I think is best, is don't do more than yourself, invest with what you can do away with for a very long period of time, that's why the DCA accumulating strategy is the best because you will be accumulating Bitcoin through the DCA method either weekly or monthly according to your financial strength, and as long as you have a source of income to be funding the DCA accumulating strategy either weekly or monthly you wouldn't be compelled in tempering with your investment just because of some financial needs.

But if you are doing more than yourself, by investing more money, and part of the money that would have cover up for your well-being, at some point, when having a serious financial needs, and your emergency funds are not enough, you will be force to temper with your investment, before you know it, that will be the beginning of the end for that investment, because that will be how you will be eating it bit by bit till it runs out, so it's very important to invest according to your level or I say it like don't do more than yourself, just cut your coat according to your size when DCAing , then you are good to go.

Everyone needs to tailor his investment accordingly to his financial status and also the amount that would be comfort with, two persons might be earning equal amount and having equal financial stability but would be comfortable with different allocation, Mr A might be okay with an aggressive 25% weekly and Mr B might be okay with 10% weekly despite been at same level with Mr A and this might be due to each of them having different risk tolerance relating to investing in bitcoin or having all their value in only one asset.
You made a very good and interesting point but I want to point out one aspect of your statement that does not quite sit well with me. That is the aspect of using "risk tolerance" as a factor for investment. In the example you gave, it should not be ability to bear risk that should determine what percentage each of them will allocate to Bitcoin, rather it should be dependent on their individual needs. Using risk appetite as basis for determining the amount to allocate to Bitcoin might seem like Bitcoin is all about risk, a way of amplifying the risk of Bitcoin. So, needs is a better factor to consider and for this case, Mr A might have needs that requires up to 50% of his income while Mr B might have needs that requires just 30% of his income. Under these two scenarios, Mr B will have more leverage to allocate higher amount into Bitcoin than Mr A.

Meanwhile, when I said needs, I am referring to basic needs and any other thing of importance that cannot wait. These are the factors that can force an investor to sell his Bitcoin. Besides these needs, the other major consideration should be emergency funds which covers unforeseen circumstances.


Those are mere hypothetical to explain the mental situation of two different persons with equal needs and every other necessities in place. Mr A feels comfortable and okay with an aggressive 25% allocation to bitcoin and that doesn't seem to bother him or give him a sence of over allocation to bitcoin whereas Mr B feels okay with his 10% whimpy investment despite knowing he could allocate more to bitcoin.

I made this hypothetical to picture that there is a risk or possibility that your investment in bitcoin might not do well or even go to zero and both persons knows and recognize this fact, this brings us to a point that everyone should invest money he won't miss cause its also possible for your investment not to do well, Mr B might before conscious of this and decides to have more cash than investing in bitcoin and Mr A choses otherwise.
334  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 25, 2024, 12:17:45 PM
[edited out]
But this springs up a question, what about those that are actually investing in bitcoin with money there would missing this case I don't mean over investing or allocating to much but for someone at retirement that has been accumulating bitcoin to live off it, and has been investing his retirement funds in it, what do we say of this.

I cannot tell you.  Since part of the justification for diversification is that you don't necessarily have all of your value in one thing, and I am not even suggesting that diversification is a good or necessary thing until maybe you start to get to the point that you have more than a year's income/expenses in bitcoin.

Sure, there are going to be some people who decide only to invest in bitcoin and cash an to maintain a bit of a narrow set of assets, but that surely could end up getting them in trouble if something ends up happening to bitcoin.

So  yeah, you are investing money into bitcoin that you don't need for 4-10 years... but you are expecting bitcoin to still be alive and well in those later times after you had invested so much into it, and surely I can understand that, and I cannot exactly tell you what to do, except for just say that bitcoin is not guaranteed, and if you are not protecting yourself, then no one is going to bail you out... so you have to figure out some kind of ways that you are happy with the level of balancing that you are doing regarding what kinds of things that you have besides bitcoin, and if bitcoin is the ONLY thing that you have, then you might be in a situation in which you are not diversified enough.. and no one can tell you what other things to invest into, whether it is property, stocks, bonds, cash equivalents, commodities or whatever (and surely I am not suggesting shitcoins at all, but some folks might keep some value in shitcoins - hopefully not more than a few percentage, but there is no way to stop people from coming to conclusions about what they are able to do based on what kinds of resources they have).

Maybe you don't even really need to be thinking too much about diversification in the first 4-10 years of your bitcoin investment, and there surely are some rich folks who likely are not diversified enough, but that is how they live.  There is a famous quote from Warren Buffet in which he says that you gain your wealth through concentration, yet you preserve your wealth through diversification.

I have not updated my own chart that describes wealth distribution recently (since it was last updated in mid-2022), but even though I have a lot of value in bitcoin, I started out with enough wealth in other kinds of assets that they would be able to support me, so even though my bitcoin has become greater than 80% of all of my other holdings, the other 20% of everything else could support me if bitcoin were to go to zero.

So, no one can tell you what to do or how to do it, but hopefully as you invest and you grow your investments and you learn along the way, your own portfolio and your decisions along the way will inform you about how to make those kinds of distribution, allocation and/or redistribution and/or reallocation decisions.

IMO sticking with bitcoin is better cause at the end of the day not everyone can afford a well diversified portfolio and what would be the need of having so little in every asset, how can anyone get rich from doing that, I understand that diversification is a means to feel safe in case something happens to bitcoin, but for a poor person or someone not so rich that can't afford to build a well diversified portfolio along bitcoin that would of be a big distraction cause you have to divide what your giving to bitcoin to feed that asset and that would only be a distraction from the main goal which us to get rich and you need to have invested much to receive much and for a pooer person that can't afford diversification it woudl be better to just stick with bitcoin, concerning safety I believe that having cash around can be the best kind of safety practice anyone that can't afford a well diversified portfolio should have although some might argue that having some percentage in shitcoins might be a good idea which I disprove off cause you can't rely on a slippery slope as a defence if things go wrong. But yet everyone has the obligation to figure our what is best for them.

Generally nothing is guaranteed in life and also bitcoin, but yet its not as much a slippery slope as investing I shitcoins, so yeah It's good to have safety practice or think in terms of planning ahead for the worse, but thinking of diversifying to early might just be an illusion to confuse you, basically most persons invest in bitcoin cause they believe it can yield profits for them and the of way to prepare for such possibilities than to have a good stash in bitcoin and yeah they is also a probability that your investment might not yield returns for you, but if diversification is a means to rather protect wealth than to build wealth then its better to first gocus on building wealth than to get lost in protecting the little you have invested when you should more concerned about growing one asset first or having a good stake in one asset before jumping into another unless you are rich enough to handle investing in bitcoin and also diverfying in other assets at once.
335  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 25, 2024, 11:55:05 AM
-snip-

Now that the price of bitcoin is low the goal is to buy more Bitcoin and hodl because it will surely yield more profit. When you believe in hodling their won't be any feeling of doubt of bitcoin.
But unfortunately, not all of them can do it. Lack of budget is the most common problem that thwarts accumulation plans for every investor, they also don't need to force themselves to get a budget by any means just because they want to accumulate on dip. You can accumulate at any time as long as you have a budget, but I don't think you should force it.

Consider that you still need a lot of money to meet your daily, weekly and monthly needs. In fact, you still have to consider unexpected costs, bills and so on, so there's nothing you need to force even if the price is being corrected.

By the way, bitcoin fell by 3.6% in the last 24 hours. This may be the time to do some accumulation if you have a budget.
When it comes to bitcoin investment, we should not invest all of our money in it so that we will always be able to solve our financial needs when they arise. We all know that not all investors are financially okay with buying the bitcoin dip, and if they are concerned about buying the dip, they might temper their emergency funds to buy the dip because their income source can't cover their expenses. And when an emergency happens, they will depend on their bitcoin investment to solve it. It is not easy to hold bitcoin for the long term, so we need to adopt a strategy that will allow us to accumulate bitcoin without struggling to solve our daily problems. This is why it is good to accumulate bitcoin with the DCA strategy because you will make provisions for an emergency fund that will allow you to take care of your unforeseen problems and also accumulate bitcoin even when it is in a dip.

To me, I think the essence of all this which I think is best, is don't do more than yourself, invest with what you can do away with for a very long period of time, that's why the DCA accumulating strategy is the best because you will be accumulating Bitcoin through the DCA method either weekly or monthly according to your financial strength, and as long as you have a source of income to be funding the DCA accumulating strategy either weekly or monthly you wouldn't be compelled in tempering with your investment just because of some financial needs.

But if you are doing more than yourself, by investing more money, and part of the money that would have cover up for your well-being, at some point, when having a serious financial needs, and your emergency funds are not enough, you will be force to temper with your investment, before you know it, that will be the beginning of the end for that investment, because that will be how you will be eating it bit by bit till it runs out, so it's very important to invest according to your level or I say it like don't do more than yourself, just cut your coat according to your size when DCAing , then you are good to go.

Everyone needs to tailor his investment accordingly to his financial status and also the amount that would be comfort with, two persons might be earning equal amount and having equal financial stability but would be comfortable with different allocation, Mr A might be okay with an aggressive 25% weekly and Mr B might be okay with 10% weekly despite been at same level with Mr A and this might be due to each of them having different risk tolerance relating to investing in bitcoin or having all their value in only one asset.

I believe that when It comes to investing, been comfortable and having a balance matters more cause that is the only way you can ensure that you won't screw yourself up in trying to meet up or compete with others or end up in a state where you feel over allocated. Everyone has an obligation to figure out what is best for himself according to each of their cashflow and risk tolerance relating to bitcoin and how much they feel they can give out to accumulating bitcoin. And yeah someone who had a more whimpy investing might not be as rich as someone who was more aggressive when their investment matures, so it's left for everyone to find that balance been aggressive and comfortable and not being whimpy in your investment.
336  Economy / Speculation / Re: Road to 100k? on: April 25, 2024, 09:12:46 AM
Each person should be tailoring his investment to his situation, and surely there should be less ability to aggressively invest into bitcoin if you are brand new to investing and brand new to bitcoin, and so if you don't have your shit together, including having some consideration of the 9 individual factors.

That's what we do talk about on the Forum on how newbies rush into Bitcoin just because they have a little knowledge of it and they forget that they still need to learn more about Bitcoin, no plan no strategy and they engage in it because they see others benefiting from it, they feel is easy and they too can gain more than they invest, things don't work out that way in the crypto space, seeking for mentorship and advise helps a lot.

I don't really believe there is much to know before getting started to buy bitcoin, all a newbie has to know is how to buy at first and them the next to hold, if there is any knowledge I consider compulsory is knowing how to manage his finances and know what he need to allocate to bitcoin without choking out himself and eventually selling off so early when he can't keep up any longer, and another thing is to have an emergency funds in place.

You still need to understand how it works though, being a investment platform, anyone entering the market should learn how to make money out of the market. It's not just you will buy it and then what? Although it's very easy as it's just the basic buy and hold and sell when we are on top. But others, might not have that idea in the beginning and  thinks that Bitcoin is a get rich quick scheme.

Yeah I can understand that a lot of persons actually get into bitcoin thinking it's a money making machine and tend to engage into short term investment and all that, and some even tend to get frustrated when holding in the bear market and might also sell of their bitcoin due to fear or panic, but what is most important for anyone to learn how to buy bitcoin and hold it.

That's what I'm saying, their could be newbies who think it's a magic internet money, that you will make a lot effortlessly. And probably this is also the reason why some newbies quit early because it fails their expectations.

Before anyone would consider buying bitcoin I think there is a level of interest they should have and knowledge have already acquired and its not as if for someone to be successful in investing in bitcoin there is a rocket science kind if information he/she needs to have about it.

What do I need to know if I want invest in bitcoin,

1. How much can I invest without putting a stress on my finances: this is what I consider the most basic cause you have a balance in what you are doing, this money must be yoir disposable income and money you won't be needing during your investment time. So you don't end up putting yourself in a state of panic and have to sell some bitcoin so early than you planned to.

2. What buying method would be okay with me, considering how my income comes. DCA would be recommended for newbies since its the easiest to understand and dose involve any technical knowledge, just buying.

3. Building an emergency funds if you don't already have one.

And this are basic knowledge that doesn't require much to learn, it's just personal management skill and that's all. Although it still does guarantee that anyone would be successful as a holder cause you must still have to build yourself not to sell so easily due to news or due to bear market.
337  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 25, 2024, 09:00:16 AM
I am very interested in participating in this challenge. Maybe tomorrow I'll start doing push ups. Because I definitely can't do push ups today, because it's so late where I live. So doing push ups right now is definitely not possible for me. And I was a little surprised to see the enthusiasm of the forum members for this Challenge. Because if you look at it from my imagination, the faces of the members who took part in this challenge looked very enthusiastic. Even though I have only read several posts from members who took part in this challenge, many complained about the difficulty of achieving 100 push ups. However, it seems that they are still carrying out this challenge with high enthusiasm.

So tomorrow I will also try to take part in this challenge with enthusiasm. Because doing push ups until Bitcoin reaches 100 thousand dollars will certainly make me a healthier person, of course. Because I saw OP's reference video about doing 100x push ups in a month. The results are truly extraordinary. So I thought what if I continued to do push ups 100x/day within 6 months or 1 year. Maybe I will be healthier and my body will have big muscles.

Welcome mate, I understand the enthusiasm but it's also good to take it easy and not to rush to doing 100 at a go especially if you have not been into this kind of excerise before, OP has been with us for months, so doing that much is not a problem for him and he us already thinking of taking to 200 daily. My point is you should take it easy and don't try getting to hundred at once, buy if you are up for it then I can recommend that you spread the numbers within the day, let's say you can try doing 50 pushups in the morning by doing 10 into 5 sets and then doing 25 later in the day and 25 in the evening, that way you can both take it slow and still get your desired results, besides it's all about been healthy and having a good physic and you don't want to get sores on your muscles so fast.

I wasn't able to report yesterday based on my busy schedules, but it hasn't stopped me from doing my daily excerise and moreover I work from home, so from time to time I can just go a few rounds and take my bath again especially when I'm not flowing well with work 😅.

I was able to reach a 100 pushups yesterday and 100 the day before  although I'm still struggling with 100 and 90, but I'm sure with time my strength would adapt and 100 would be a thing of the past.

My report
100k,teamsherry,17,1500,2024-04-24.

I'm still on my excerise today, so when Im done I would give my report for today. So I guess I'll back date this one.
338  Bitcoin / Bitcoin Discussion / Re: Do we really need to blame fraudsters on: April 23, 2024, 11:03:24 PM
IMO neither party Is to blame cause we are all part of a cycle and that is the way the world is, some frudstrs didn't have a choice than to be what there are, it maybe bad friends or even a product of circumstances and environment and those who arr scammed can not be blamed for been ignorant too cause some of them are still early in crypto or was introduced by even the scammer and that's just how they got scammed. So I don't really want to point fingers but rather to say that as someone into crypto there is a level of responsibility for each of us and that is to protect what is ours by practicing safety, cause rarely have I heard of a wallet getting hacked before so it's mostly out of carelessness that we lose our asset.
339  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 23, 2024, 10:57:50 PM
Many got afraid for thinking that this is already the peak but they forgot to realize that what they said their intention here is to hold for long term. If they are afraid to buy now then this mean that they are not really prepared to hold bitcoin for long term since what they are seeing its current value and they afraid to see a dump since it will affect them so bad. Maybe those people are for trading so maybe for that they should follow their guts rather than gaining a lot of stress for thinking on everything they are not sure especially on their goals. And comeback later on their plan to hold once they learn on how to execute their plan to hold for long term.

Also people need to know that there's nothing wrong to take a profit at this current situation since its normal for investor to take something when they need it. What's important is there's still a balance left so they would not missed another good opportunity that they could able to earn once same good situation will happen and bitcoin price would pump again then reach for another new ATH.

This is only natural because Bitcoin's movement has been quite drastic in the last few months without any deep correction, so there is a fear of entering (buying) at this time.

There shouldn't be any fear of buying Bitcoin at anytime if the person understand the importance of investing on Bitcoin, I no that each investors is entitled to their investment decisions but using the current state of Bitcoin to determine if they will invest now or not is totally not advisable and also I wonder why most persons allow speculation to influence their mindset of investing on Bitcoin at this time because at first there was a rumor or rather speculation about the possibility of Bitcoin making some corrections after creating the new ATH which affected the mindset of most investors of waiting for the correction before buying and funny enough till now we have not really seen any serious correction on Bitcoin, so perhaps this is to show that people should keep accumulating Bitcoin and stop waiting for dip before buying.
It is their mindset you cannot stop an investor from thinking the way he wants to, because in investing you must look at the pros and cons before making your investment, so speculation is also part of the market because people can choice to believe the immediate information they are having at a certain time because you cannot just throw away rumours, so what you do as an investor is you try to pick vital information. as we speak at the moment some investors are on standby to look at the direction of the market after the halving to see if it will bearish or bullish for them to make their next move, and that is very normal.

Then I think we should separate those mindset from each other, anyone that is thinking in terms of wanting to buy low and sell high is a trader and doesn't value bitcoin or understand bitcoin or even investment, there should be a process to everything and not just any news that pops up and you are in a state of panic to see of your holdings or even worse watching to know when to sell, and mind you no one is saying that selling is a bad thing but the issue is that selling too early is not the best approach to bitcoin cause you are inevitably missing out on the best part which is to own Bitcoin.

The other mindset here is those that are thinking in terms of accumulating bitcoin and not been bothered about the price of bitcoin, if you are still so early in bitcoin you should be less bothered about the price or news surrounding bitcoin and focus more on buying bitcoin, cause at the end of the day its only those that have enough bitcoin that can really make profits from selling bitcoin.
340  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 23, 2024, 10:48:01 PM
I'm impressed with the number of push-ups I covered in seven days. I did a total of 1485 push-ups in seven days, and I also did 85 push-ups in a set on halving day.In the past 50 days, I have completed a total of 5291 push-ups, and if I sum it up with the 1485 push-ups I did in seven days, I will have.
5291+1485=6776 push-ups covered in 57 days.

Here is my report for the 57 days I have been in this challenge.
100k,MayorofOgba,57,6776,2024-04-23

When I see the number coming in, I start to believe and be more motivated to reach out to doing more push-ups in my excerise, today was also a great day for me cause I never believed I would be able to do 90 push-up today, and that's not it, I was struggling with consistency but as soon as I started posting my report and spreading out my excerise it became easier, I am also sure that in due time I would be able to  maintain a consistent 100 push-up everyday.

I was so surprised that Yes I did it, I was able to hit up to 75 pushups total for the day in four sets and in two sessions, firstly in the morning I did 15,15, and this evening I did 25,20 given 75 total. But am considering spreading out more maybe up to three sets or more in order for it to be more easier for me because I really want to be consistent.

This is my first entery report and am so happy that I joined.

100k,Notalony,1,75,2024-04-23

I'm quite happy for you mate, although if you try to use the strategy of spreading out the push-up more you would be doing up to 100 in no time and even we'll above, the beauty of spreading it out is you won't put your muscles on much stress and you would still achieve same results.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!