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Based on a country economy that will determine the kind of life or people who is dwelling in that country will live especially when your country economy is degrading continuously it will make you to have option of being an entrepreneur for your personal survival and your family and another person will a pick up another idea to learn a skin acquisition in order to being independent of it on without waiting for government job employment, and all this can happen when the government is not taking care of the economy of the country there will be a different ways of people living in that country or environment to look for a helpful hand to earn a living.
It is obvious that to survive is based on strategies and the understanding because if you don't have a strategies to survive or you only depend on one option you will find it very difficult to survive when the government plan collapses that is why someone need to have another option of living not only relying on one option
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It is not that I am against luxury life but what is matters very important is that you should life a life bakes on your income don't because of someone is living a luxury life you decide to emulate and follow his step of life so it is not good unless that you have way calculate your income weekly and the monthly before you can live an expensive life,
It is obvious that expensive life is good and is also meant for people who knows their income weekly and the monthly because it is something that deals with expensive life so therefore I believe that luxury is based on your income it is not something that what emulate because it is a life of individual difference
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Anyone can frame anything he or she like to frame and post it online, with what I read so far I'm not convinced that the original poster of that comment is any associated with satoshi nakamoto or be the relative, its just I'm I can create any account of mine in any social media and began to claim how close I'm with satoshi nakamoto whereas I don't know satoshi and I can't tell any autobiography of satoshi, provided that Internet is in existence, different blackmail and false stories and gist will continue to happen.
From my own perspective, I assumed that satoshi is in bitcointalk and abandon his satoshi account so that nobody will contact him for anything, I'm not of the opinion that satoshi is late or not..let just not to be giving some online statements attention, especially the ones that have no proof or evidence to backup their theory.
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Newbies in the Bitcoin investment biz should be well aware that getting that desired level of profits is a process and might very well require patience
Many would have heard about bitcoin wrongly and this has much to do with the kind of people that introduce them to bitcoin, some might have been lied to that they will never take any risk in it and cannot loose their money, while some already made mouth that its a quickest means to how someone can make money within a short period, all these wrong information's are what we should discourage others from giving newbies, we should present bitcoin as it it to them and not to entice them, because we loose nor gain nothing from that, and every newbies should also take the task on themselves to make personal research in addition to what they had been told. Bitcoin investment never be the shortest means of making money, its people who misunderstood bitcoin and it's investment, actually when you learn bitcoin and comprehend the concepts of bitcoin very well you will see that bitcoin is not something we can say that you will venture into it with clear understanding and you fail to make profit..but the problem is that, the kind narrative people are understanding bitcoin as investment, is not what bitcoin ride about, their no investment you venture into and you don't know the rudiments and it propagate for you or flourish for you...many people experience losses in bitcoin investment depending their ability to code bitcoin technologies. BTC investment is the best investment you can invest to make a good profits during the bull season because, whenever the price is pumping in the market make investors to earn from their different investment either long term investment or short term investment.
You can only make profit in bitcoin when you know what's short-term duration of bitcoin investment and when you also know longterm investment of Bitcoin, actually we have to understand the strategy of investment before we invest...unlike people emphasising on long-term investment in bitcoin that is the best of making profit in bitcoin, the thing is that have you try to understand the chat of bitcoin first, so that you will know when is proper to invest on Bitcoin and hold for long duration, the most important thing we should know concerning bitcoin is to notice when you as investor suppose to purchase bitcoin and when you are not supposed to purchase. |
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Many times I've missed the opportunity of buying Bitcoin dip because of media sentiments. In 2022, when Bitcoin was $17,168.57, which would have been a good time to build a larger holding, I don't know exactly what this post is teaching us, because the caution alone triggers my anger when I encounter the stuff, but in norms what I want us to understand is every have it own intellectual quotient to elaborate of bitcoin base on its perspectives, secondly..op you should know bitcoin system for long ago base on your profile..People that have known Bitcoin the time you notice this forum is a professor in bitcoin, you have mastered when is good time to invest in bitcoin and when is not good to invest in bitcoin... I remember this disgusting phrase “Bitcoin is dead” They used it on our heads several times over many years to spread fear and panic, but they failed. Yes, there are many who became frightened and got rid of their Bitcoin, but now they inevitably cry over the precious opportunity they lost.
This cycle, investing in Bitcoin is no longer very profitable because we are approaching the peak, although it is still possible to collect some profits, but not like those who invested from the beginning. Regret will befall all those who believed the rumors and did not overcome their fear.
Previous investors of bitcoin and people who establish their own investment now is same..when bitcoin was established its few people that invested in Bitcoin in 2010 and 2012, 2013 and 2014, that's the same time that will happen In the future, because as bitcoin is at seventy thousand [70k] currently, it will be something of the pass, and the price will hit two hundred thousand [200k], remember that whosoever that invested now will be of benefit when the price will hit two hundred thousand [200k] in future, so both the people that invested when the value bitcoin was low and people that decide to invest now the price is at 70k will still make profit...provided that bitcoin will continue to be in existence making profits for it's investment will remain constant.. Is Bitcoin Still Dead? Absolutely. Sell, sell, sell! It will die soon! Just when it "died" from $69k to $16k in 2021, or from $20k to $4k in 2017, or from $1300 to $200 in 2013! It will repeat. We will experience another "death", so you should disembark as soon as possible. You don't wanna be here when we fall from $300k to $80k. Poor things, Bitcoiners!  Edit: Ahh, the Bitcoin Obituaries part 3: https://www.youtube.com/watch?v=OrfrT2L48p4. It's obvious that value of bitcoin doesn't remain stagnant and that's while it's unpredictable, I could remember the time the price of bitcoin hits sixty nine thousand [69k] and the price of downgrade to twenty-five thousand even twenty thousand on the dot...so if the price doesn't fluctuates the market doesn't balance....now the value is on seventy thousand in value, and it can not be surprise you wake tomorrow see the price on forty thousand, its possible because the future of Bitcoin is unpredictable and the figure variation can be change at any point in time due to the demands of the market and it's supply. |
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Just hold and keep patience right by your side.
It's only experienced investors that have larger experience of investment that can invest in bitcoin and hold it for longer periods, some people just don't know the objective of holding a coin and some people make a decision of holding a coin at the wrong time, this is what is involve in holding of coins from my perspective, so I believe that in cryptocurrency the more you invest neither you lose or you benefit the more your knowledge get expanded, so the best way to benefit in bitcoin is to buy and hold to your target time, bitcoin is one of the investment that we should handle by timing and hold for long time. I think bitcoin is still in it's investment stage as an asset,
It is used both as a currency and an asset. It was destined to be a currency and endee up being an asset - one that we should procure as much as we can before the supply reduces and it starts to become even more scarce. That does not mean compromising on emergency funds or so, you should accumulate bitcoin but not like an obsession but only as a goal. Someone may need to sell bitcoin prematurely which is fine because they need the money. They should get back to buying once feasible again. To accumulate bitcoin is good, but it's good for someone who has the experience first to accumulate it's bitcoin, because the way I have noticed the young investors or new investors they don't know when to buy and when to sell their bitcoin, they pick a random to sell and buy bitcoin that's while they don't were their problem is emanating from....to accumulate your bitcoin you most have a target and if you don't have a target you will not make any profit in bitcoin, its very obvious that those people that accumulate bitcoin have a plan, and they don't miss out their target.
Bitcoin was around 15,000 a long time ago.This serves as a reminder that the market is temporal and uncertain. Cryptocurrency like Bitcoin lives on, grows, and makes us think about what money is.
My advice after years of watching and taking part? Stop chasing the market and trust your gut and your belief in Bitcoin's core values. Joining a cause for financial sovereignty isnt just about making money.
Believers, look past the present. Besides being an asset, Bitcoin stands for open finance. Trusting Bitcoin through good times and bad is a good thing to do. With dedication and knowledge, each step gets us closer to a time when people have control over their own money.
When you are investing in bitcoin we should have that trust and believe that you will make a profit..unlike as you said that price of bitcoin was 15k before but look at now, currently the price of bitcoin, so anyone who purchased during the time the price is at twenty-five thousand [25k] hold till date I think the person has made a profit, so let us not be surprised or underrate the features of bitcoin. |
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I have known Bitcoin and other currencies since 2014, but I did not move a finger. I did not benefit from anything. I mean, I did not invest anything now. I am serious. I liked this forum a lot. A long time ago, I decided to start investing, even if it was a small amount, in some other currencies. Perhaps it would go up significantly and make profits. Perhaps I would. It is late, but the opportunity is always there. I know that many people suffer from what I suffer from. Many people now talk about Bitcoin, but I preceded them in knowing it by ten years. I want your advice for me. I have high hopes for digital currencies. What do you think?
It's dangerous and risk if you invest in bitcoin when you have not know the usefulness of bitcoin, even though you know bitcoin know that should prompt you to invest in bitcoin, what you should consider mostly for bitcoin investment should be the understanding of the methods of how bitcoin works.....some people today who castigated bitcoin when the awareness of bitcoin was started, they are same people who praise bitcoin...but my advice is that, don't invest in bitcoin because someone make profit out of it, learn and invest so when you loss for your investment you will not blame anyone. I want your advice for me.
I just want to say that it's never too late to get started with bitcoin and cryptocurrency. We are still in the early stages and opportunities still abound for us, what matters is how long you stay in the market, not how early or late you enter. Because even if you bought bitcoin 10 years ago, I bet you wouldn't have been able to hold it until now. And to be able to survive the longest in the market, you need to have knowledge about it, so I recommend that besides investing, you should spend time learning and researching the market carefully. That way you can survive and make a profit from it, but if you invest only because of Fomo, then sooner or later you will lose money and leave the market. We have to understand the basics thing of cryptocurrency mostly bitcoin before we invest, many people today hate bitcoin because they lose for its investment, and the main point that makes them not to lose for the investment is due they are unable to learn and understand the procedures...actually their is no time you come into investment that is not proper, because its a continuous process investment, the thing is we should know the proper time to enter the market of cryptocurrency. There's no point saying you've known Bitcoin ahead of others if you failed to believe in it. Or you probably just heard about Bitcoin but not really know it or understand it, because if you did know and understand Bitcoin back then, you would have bought some.
As others are saying, we all buy Bitcoin at a price we deserve. You can go ahead and buy now. It's not anymore as cheap as it was in 2014 but there's still a lot of room for the price to grow. Personally, I'm convinced that $100,000 will be reached within the year.
op should know that bitcoin price is rotational and no time you start investing in bitcoin that is late, what matters is to know when bitcoin will fall and when it will rise, so that you will not invest at the wrong time, depending the kind of investment the person or the investor what to establish..theirs know them you invest in bitcoin is useless.. according to you, if you notice bitcoin know is not late because price continue to spin neither to upper level or a lower level I have known Bitcoin and other currencies since 2014, but I did not move a finger. I did not benefit from anything. I mean, I did not invest anything now. I am serious. I liked this forum a lot. A long time ago, I decided to start investing, even if it was a small amount, in some other currencies. Perhaps it would go up significantly and make profits. Perhaps I would. It is late, but the opportunity is always there. I know that many people suffer from what I suffer from. Many people now talk about Bitcoin, but I preceded them in knowing it by ten years. I want your advice for me. I have high hopes for digital currencies. What do you think?
It's not a crime to not know about cryptocurrencies in 2014 or even today. But it's definitely a serious thing to think about if you haven't invested even after knowing about it and after seeing upward momentum bitcoin has shown since then. I personally had a nice desktop PC back in 2009 which I could have used to mine Bitcoin at that time. But I didn't and that's when I missed a chance of being a millionaire. But I don't regret it and I jumped right back on when it was feasible for me. My only advice is that you need to start investing in Bitcoin and also you need to do dollar cost averaging by investing in various timestamps and dates. That will give you a better buying price. the mistake many who coming now to cryptocurrency especially bitcoin alway make is that, at of the time they know bitcoin they will not invest but after some year and they are still hearing that someone is profitable in cryptocurrency or bitcoin investment it's the that many of them will think of bitcoin investment, so in above my explanation I have said it that theirs no time you invest in bitcoin is wrong time. |
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Many people this season want to be self-employed so they don't depend on educational Foundation richiness people depend currently on entrepreneurship and also on internet banking business and the other Internet business that the gives income based on rotation or it regularity, bitcoin currently has many adoptions based on recommendation of people who has invested in Bitcoin neither 3 years now or 5 years now those people are still in business of Bitcoin investment, so seeing people or parents encouraging their offspring to adopt the Education of Bitcoin is not astonished to me because I know quite well that many people will not value the White Collar job instead of being independent of it business
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I've been advised that as a newbie i shouldn't rush but to learn from old forum members and grow. But then, I've seen that for one to grow over here you need to get merited and on a regular basis, well i believe at this point i should've been able to acquire some merits, despite the fact that I'm still a Newbie but then i don't see the Merits coming, even after some post i felt could fetch the Merits. It makes me wonder if my posts are not Merit worthy or Quality enough.
Though it almost got me díscouraged, however instead of being discouraged, I'm open to learning ways or how to get the Merits and grow on here, my questions are what I'm i doing wrongly? How can i improve it and also where is the best board to write on if i need these Merits coming?
A growth in this community is into two type but some people does not know because what they always focus on is someone who is earning merit why the knowledge will acquire and the reason why we are here is to learn the comprehensive relative of cryptocurrency entirely, many people today has ventured into cryptocurrency and don't understand the total concept of cryptocurrency so for you to grow you have to understand cryptocurrency. But some people always think that growth in this community is by earning a merit why the purpose of here is to learn the technology and also share your own knowledge that will help to enhance the development of cryptocurrency... so for you to be recognized as someone who has acquired a knowledge widely of cryptocurrency especially Bitcoin you have to be a solution provider by being innovative and the milk some theories that has not been reviewed by any forum member... a quality post is one of the things that shows that you have learned and understand the system and with the gravity of your quality that will also help you to elevate for the forum by earning a merit through your knowledge impact to other people and also acquired from other people's knowledge |
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At this point of time there's no time you purchase a Bitcoin that is not good for investment of Bitcoin but the problem is that you have to examine the market of cryptocurrency first before you purchased this present time because you might purchase now the price began to fall and you can also purchase now and the price also began to rise that is why we say you need to verify and also make a proper research concerning bitcoin before you invest.
Those people that invested in Bitcoin during 2015 and also 2017 they met their decision based on their observation of the market or they are research before they run into the investment anyone who is making profit in cryptocurrency especially Bitcoin has already made inquiries and has already research before the person invest in Bitcoin that is why I continue to say that there is no time someone invest in Bitcoin is west of time but the thing is that you have to make a proper calculation and a proper research before investment
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Contacting the community members for such review is totally wrong, knowing fully well a group of people can decide to create a project with same motive to scam others. From my thought those members op contacted for review are involved in such act. Even on social media, scammers will not just come alone but sometimes you'll see different people commenting about the project with juicy words just to lure people interested in making quick money. Op should be careful cause it seems scammers are always ready for such games.
we have to understand the movement of scammers first in anything we are doing because majority of website today is full of hackers that is why any investment platform you are entering into you have to observe that platform very well and also know the Foundation of the platform before you put in your money for it or for the investment I do from my own perspective observe all the corners of the website that I want to invest on to know the gravity or the website if it is organized by scammers or it is a real investment platform that will give me a profit when I follow the procedures, that is why I do preach for people to observe environment very well before joining any social media investment platform group because majority are scammers |
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You are learning the methodology of cryptocurrency you have to map out time to learn the advantages and the disadvantages of Bitcoin, many people today who venture into lose or loss in Bitcoin investment have not learn the rudimental bitcoin very well before doing anything so therefore I believe that learning is the highest motivation in anything that will let with Bitcoin but I don't know why some of us does not exercise patient to learn whatever thing that come from cryptocurrency especially Bitcoin
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To be a graduate is not a guarantee for you to become a rich person, the only thing is that a a graduate have a be possible ways to solve a problem to also plan very well in order to elevate itself from getting poverty or being poor for life why someone who is not a graduate will not have the kind of idea someone who is a graduate how for a order to Plan a better way for its life, one thing I want us to understand is that this life is all about planning and also a God wish to us to be rich is based on your strategies, understand the dimensions of life and the application of life before you become a successful person
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What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
bitcoin increment in the market does not have any limitation because the market cannot be regulated or being determined by the government or any individual it is a something that happened on it on Direction or description so the more the demand is higher or going high the more the price of Bitcoin is getting increased daily but if the supply is going higher than the demand the price of Bitcoin retrace so that is why nobody can see that it bitcoin is predictable or it will have limitation for its value of increment. What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
there's no need to think too deeply about limits, implications, and whatever. what you need to know is that bitcoin has unlimited potential, where its value in the future will increase along with increasing adoption of bitcoin. if you believe in it, you can choose to invest in it. but if you are still in doubt, you should not invest. it's very simple. Assuming the value of bitcoin get increase by its own I would have said that will have a limitation of the price but since bitcoin value or the price continue to increase based on the supply and the demand of Bitcoin is very high I cannot just predict that the value of bitcoin will depreciate at any point in time |
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Hello,
Can Ethereum reach $4,891 by the end of this month? Please answer only YES and NO if possible.
Thank you.
the thing is that the price of ethereum may not reach to that point you expected because we have other coins people are investing on and people are seriously buying so I want to let you know that what makes all this coins to increase in the market is when they have a massive adoption and the if the Lack adoption the price will continue to decrease in value instead of increasing in value that is why I don't like to predict the features of altcoin so from your home observation and the research it can be possible that the price of ethereum May heat to the value or to the digit you mentioned it can be possible because the crypto market is increasing day by day especially Bitcoin follow the possibility is there for any coin to be a beneficiary of this market increment |
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I believe Solana will also have the same opportunities after Ethereum. Of course because Solana is next in line, especially since Solana is very popular right now with it innovations and price movements. I think Solana is just waiting for a moment after the Ethereum ETF happens. But I still doubt whether Solana will be overtaken by BNB or not? Because BNB also has a big opportunity to become an ETF like Ethereum. I really can't wait for this moment to happen and see who advances to become an ETF first, between Solana and BNB.
what is happening now is just an indication to let us know that every coin have it on time for increment and it opportunity turn multiply that is why when I'm emphasizing On Coins I do let people know that we should invest in Coin that have a potential and also a reputation because if a coin have potential even though a bullrun season meet the coin it will not more value that is why whenever you are holding any altcoin you should make sure that the value of the coin will be something that will propagated in future. It took quite a long time for sec to approve etf for bitcoin but just soon right away, we got news of etf ethereum. Do I think there is a chance that solana will also have etf? Yes, I think so. But do I think it will be soon? No. I don’t think so. I think it will be quite long. Bitcoin and Ethereum are obvious answers. They are the top most consistent performing coins out of all cryptocurrencies so it must be hard to determine which one comes after that.
All these coins have a potential the only thing is that people is value them very well and that is why some of them find it very difficult to Accelerate in price so therefore it is good to make a research or findings of any coin that you want to invest on before investing on them don't be listening to what people said about that particular coin but make a research and the follow your decision no matter how long it takes for you to hold the coin, just don't relate to anyone but hold your coin until it meet bullrun. |
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Trading group or signal group should be the last thing you should think of joining because there is every potential for you to lose your money when the wrong signal is being given and then when I was that active doing spot trading i was incurring significant lost since they weren't accurate on the information they are passing out to the group, most people will buy as they said but it would turned out to be pumped and dump on us. Making us to start having this feeling that whenever you join crypto trading group be it signal group you will keep losing after this incident I decided to abolished anything called group.
In normal circumstances joining trade group will make you not to be serious to make your own research concerning trading and sometimes their information is not liable, its good as trader to make your findings or compare other information of trading with your own research towards trading, but many people just on their own decide to extract information from trading signals group that may not undergoes research. ...I only have a few clues about this group, but they seem to be quite accurate with their predictions. For instance, they recently signaled that BTC might reach $60K and even touch $64K as a shadow prediction. Additionally, during today's Asian session, they advised buying SOL around $114. They've also given signals for THETA a few weeks ago when it was priced at around $1.
You only remember the profitable trades, but if you continued to closely monitor their signals, then I'm sure you would have found a lot of wrong signals that would have led to the loss of your money. There are no 100% correct signals, so you need to make your own decisions, since this is your money. In norms some signal trading group does not make a proper research concerning trading, so I believe that they all know their objectives because I believe that some of them does not make use of the signal they give to trade, for me it's more better for we to learn by our self than taking information that is not concrete, its good for we not depend on trading group. I wish I could help but with the difficulty of tracing people and signal groups that you are talking to, that is somewhat hopeless to find them.
Sorry for that bad experience but in the first place, if you have read in the forum talking about signal groups, you will find that they can't be trusted. Unfortunately, it is too late for that knowing that you already fall into the hands of scammers.
If I were, stop chasing those people and forget about it because no matter what you do, you can't take your money back. It could be sad but this is the reality of trusting strangers online, we are not sure if they will give us the help we want (or just scam us).
It's quite obvious that trading group is not something you can encourage your people to join, because sometimes I believe that sometimes this trading group mislead some people and also contribute immensely for their downfall, trusting a signals group of trading is like some who is pocketing its eggs on his back pocket of it wear, you may mistakenly break the eggs or not. |
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Sure, Trading can be good for all both beginners and experts .But it can be very risky for beginners you must learn technical analysis to be able to trade the market and make consistents profits from it. Acquiring Knowledge is a much to become a good trader that can pulled some money from the market Try learning different trading strategies and choose the one that suit you best.
What trading needs is curiosity, when you concentrate properly in trading its obvious that you will not be experiencing more losses as someone who is not curious in Trading may experience loss, what is involved in trading is understanding and seriousness, we can experience loss base on we do not research of trading before we venture into trading, when you have not know the knowledge of trading, its clear that you may lose. In my opinion someone who has zero experience of trading on any speculative market but claims to make money easily through trading is trying to fool the person in front. Those who have been trading for years know how the market works but not newbies. What I really wants to tell you is that, you should be able to understand the basics things of trading before someone venture into it, if you have zero understanding of trading its obvious that you will not make a profit as I stipulated above..trading needs proper focus and engagement that will help to facilitate to overcome the problems, so if you don't have that experience you end up losing whatever you have. No, trading is most dangerous for the beginners and without knowledge I don't recommend it. You met a guy who had no knowledge about trading and he started trading his all of saving it's very risky and undoubtedly he will lose all of money at any time. no way to sustain in trading without technical knowledge.
Trading is not really good for someone who doesn't knows nothing about trading, when the person enters trading it will continue to lose more money, so it's good to understand trading before joining |
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Instead of HODLing $BTC like the sister, he buys a bunch of shitcoins, uses leverage, delves into micro and macroeconomic analysis, technical analysis, and creates charts that reach the sky.
holding a bitcoin is good and while majority of investors hold bitcoin is because it has a reputation and it reputation is incomparable, why some of the altcoins you may choose to hold instead of bitcoin may not survive a bearish market when we experienced a long duration of bearish season, that is while is good for we to ensure we have selected a coin that have a potential especially in altcoins, not all the altcoins can gives profit depending the elongate of bearish season. if I buy bitcoin hold it in the exchanger in stake so I can get additional returns.
if in the addres, yes, most of the results of the signature campaign or bounty. if buy I never send it to a personal addres because of the sending fee, what's more, when the bitcoin price is expensive, the sending fee is calculated to be expensive too. so it's better to stake it in the exchanger at all.
crypto players must have had bitcoin whether they got it from airdrop bounty faucet or signature campaign must have had bitcoin.
It's a good idea to stake it in exchange, but what makes people to be afraid of exchange is because it can be attacked at any point in time, and if hackers happens to penetrate through the exchange all the coins or bitcoin that stake by people is gone, its a few exchange survive to come back when they attack them, that is why many people only left a bitcoin they will exchange only in exchange and nobody who save its coins in exchange knowing that anything may happen to the exchange unexpectedly. I have friends who have been waiting for the right time since the price was $5,000, $7,000, and $11,000, and they believe that the price will drop, so they bought when the price was $44,000 and $60,000 to sell at $22,000. Anyone who waits to buy at the right time is hesitant and ends up... It means buying emotionally or at the wrong time. Therefore, the best time to buy Bitcoin is when you are ready for long-term investment then time will not be a problem for you, but if your purchase is short-term, then timing is important.
Systematically, bitcoin have a normal time frames for you to purchase a bitcoin, the best time to purchase a bitcoin is when the price falls above the initial value, because the price of bitcoin interchanges and it can decide to be going more up instead of falling, so basically bitcoin price can change any point in time, anyone that wants to invest in bitcoin should cross it mind and invest in bitcoin let the person should not have a specific price in mind bitcoin will fall before investing in bitcoin. Because the more you are thinking of more price the more the price is taking another dimension. |
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We all know that We are in the bull run or bull market as they say and Bitcoin has reached its previous ATH and most traders don't know what will be the next move for BTC and some of these Altcoins are literally following the pump of BTC as well, as most are not genuinely pumping in their own accord.
trading is quite good but you have to understand the system of trading before you establish yourself in trading, its quite right that trading have to do with skill and it's what can acquire and understand very well before you could make a profit, in norms every thing that has to do with cryptocurrency has it own techniques, so it's better to hold than trading because trading Carrie's losses when you have not understand the procedures. You know what they say:
"Hodl it till you make it."
That's good advice, it will be better for we to hold a coin until we make a profit on it, some of the people who holds coins doesn't exercise patients enough for coins to enter bullrun before selling, so many of them is just curious of making profit, for me I will say that it's better for we to hold our coins and target bullrun than trading. If you invest, your losses will be less and your chances will be less. You will still have some of your capital or your original token. Like gaming, this is actually the case in our society.
(...)
You can not guarantee that your losses will be less, it depends on your risk tolerance, trading or investing will always have risk and depends on your risk strategy. There are also different kind of trading, over the time you have few trades open or some day trading where you will be more active in the market to open more positions. Let me say in comparison, it's obvious and understanding that trading has do with risk management and investment also have to do with risk management, but when you are smart enough you will not experience the kind of loss you may experience in trading whereas investment will give you less loss compared to trading. |
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