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341  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Low cap altcoins best for rising price? on: September 24, 2023, 09:31:36 AM
Are you collecting low cap altcoins for the bull market? It sounds like you think low cap altcoins can easily make 100x profits. I don't think so and even if the supply of a good quality project is high then you will get good profit there. Many new investors tend to follow supply more. You should know that there are many low cap altcoins that can't even sail the market in bull seas.

Indeed, currently many people are really looking at altcoins amidst uncertain market conditions. But altcoins are very difficult to predict. they go up not only when BTC goes up also the hype factor from the community also influences it. I'm currently looking at one of them and seeing how it works. If it's good, I take it without following the supply quantity.
342  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's the best Altcoin for this moment to accumulate right now? on: September 22, 2023, 01:38:32 PM
I want to find a good Altcoin to invest in before the bull starts, also have a non-custodial exchange. This means, that we have complete control over our funds. If there is, please help convey it, because a lots of new altcoins was born every day.

I'm not interested in new altcoin, therefore I recommend you to investing in Ethereum and Ripple, because I believe Ethereum and Ripple are very good as a long-term investments, therefore you can start to DCA Ethereum and Ripple right now and hold until the bullrun comes, so you will get a big profit during the bullrun from investing in Ethereum and Ripple right now.

Yes. The DCA method is the most talked about now and of course it's not just BTC, ETH can also be used as well as others. and don't miss the mark as you said. For altcoins there are indeed many risks involved, however. This week, I noticed one of the Altcoins that has been listed on several platforms, namely Multichain (MULTI), around 23 exchanges already exist. Well, judging from the enthusiasm it is very big. and the fastest rebound and lots of pumps done.


OP. Looks like it's good for you too. Grin.
343  Bitcoin / Bitcoin Discussion / Re: It is only Bitcoin and nothing else on: September 19, 2023, 11:10:08 AM
I was going through coinmarketcap today to see some of the cryptocurrencies I was involved in when I started, I was so surprised to see that a lot of them have even been delisted. I was heartbroken seeing that some tokens who raised millions of dollars, had huge community and were trending even in various platforms just died. I wanted to not mention any particular token but I have to mention PumaPay that raised about $8 million yet could not deliver anything and got investors holding a bag of shit.

If one can turn back the hand of time, and assuming I joined this forum early when I started my crypto journey, maybe the concept of shitcoins would have dawn on me and that would have made me convert those worthless bags to Bitcoin when I could.

I know there are other who would have similar experience too and there are still others caught up in the euphoria of getting rich through one token or the other. Well, if it is not Bitcoin, it is not worth holding.

In one day the market showed a positive trend and this really helped overcome the confusion of many who asked when BTC would rise again, although slowly.  yeah one word for the king of BTC, recover quickly and make ATH again and we know its potential in the future.
344  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 19, 2023, 11:00:21 AM
Like it has been abundantly emphasized here, the DCA method is truly the game changer for those who want to make maximum use of the opportunities offered by Bitcoin, it handles all the psychological hindrances that many people face in Bitcoin accumulation and management.


Well, in this 1 day I was a little relieved because BTC went up and several of my mainstay coins, especially BTC, had fallen. It's time to monitor the market again and readjust the DCA strategy to make it even more optimal and feel the flexibility of installment trading with this method even though I still don't have much funds.
345  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 19, 2023, 10:52:19 AM
It's the process of making money and reinvest make money and reinvest.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.

I think whatever our discourse in terms of investment, one thing that needs to be instilled is to persevere and don't give up quickly when you are on a journey where there is a period of lowest point in running a business. Because anyone is able to build a business in the beginning, but we rarely find it to be big and only those who have the mentality of entrepreneurs or traders are able because they know how it feels when a business ends in vain. Yes, in the world of trading there are also many examples that we can see and use as samples.
346  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 19, 2023, 10:45:26 AM
The main reason for the increase in the price of food products is that the rate of demand is higher than the production. And the reason for the additional demand is the increase in population in the country. Population is growing at a high rate in every country due to which the demand for food grains is increasing day by day. Therefore, no country is able to reduce the price of food products, whether it is Asia or Europe. And for this reason it cannot be called inflection. Inflation occurs when the price of goods rises and the value of money depreciates even though production remains constant

Currently, in many countries the reason for inflation is different. Many companies have suffered during COVID and some of the supply chains are still recovering. This is a crisis of supply, not demand, but both EU and US authorities were printing money like crazy which was a mistake and only served their political interests.

That's right and there should be special considerations even though they also plot the budget for post-pandemic recovery both in terms of supplies which are fundamental in disaster management and resilience and others. I think that's understandable. The name of the government is also not something they think about, but at least they are paying attention to it even though the results are not optimal and the food crisis should not be considered trivial without preparation because the impact is much bigger than the Covid pandemic itself.
347  Economy / Speculation / Re: Good time to sell? on: September 18, 2023, 04:56:38 AM
A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?

The current phenomenon is that the BTC price position is still sideways. Investors may become too optimistic when there is an increase or panic when the price falls, resulting in impulsive decisions. Well, regarding Market Timing I think it is not easy and a bit very difficult and if you notice even experienced investors have difficulty predicting price peaks accurately so and if one makes a wrong move it leads to missed opportunities or premature selling.

Personally, now is not the time to sell and HODL is better because the long-term potential of BTC investment is very large and those who try to play short are in vain in the end.
348  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: September 18, 2023, 04:42:43 AM
I agree. Bitcoin has become an interesting hot topic and this is a reality on the ground that I often see and feel. So the question is what is the solution other than education, because when we talk about investment BTC its intrinsic value is one of the benchmarks in assessing the price, innovation and technology behind it, so many are interested and many fail in managing it due to price volatility and transaction times which cannot be predicted with certainty especially if we frequently short sell and make we losses may extend far beyond we initial investment, yes, This something that is very important to consider, especially with Bitcoin.
It's actually quite simple to understand this, because if you are not used to holding or owning Bitcoin for a long time. It looks like you need to train your patience in holding Bitcoin and have the feeling to keep holding it for the long term rather than continuing to do short sells which in terms of profits may be very small. But in the discussion about Bitcoin Legal Tender in Central African Republic, actually there still needs to be something called education before investing that is not accompanied by knowledge. Because there are probably still a lot of beginners out there who don't know in detail about the technology involved in cryptocurrencies like Bitcoin.

That's right, it's simple and very clear. However, for Bitcoin Legal Tender in the Central African Republic, what needs to be addressed is education for the lower middle class because if the understanding of BTC is not clarified then the perception of BTC will continue to be gray, which will increase the intensity of skepticism in the mainstream of society there who may think that the Bitcoin market is very changes rapidly, making it difficult to fully understand it, even with a good education.

Well, one more thing will always be born if this is left gray from the opposing point of view, is Bitcoin really viable as a currency, especially when compared to traditional fiat currencies as some may doubt its ability to be used as a practical means of payment daily.
349  Bitcoin / Bitcoin Discussion / Re: Benefits of Bitcoins recent price drop on: September 18, 2023, 04:29:47 AM
Looking at the market and discussing market conditions with price drops that change almost all the time, on the one hand can be seen as a reminder of the speculative nature of the market. Indeed, this will strengthen the ecosystem, but it will also result in losses, especially for some investors, and will have implications and hinder mainstream adoption, provided that if there is a market correction, the price of BTC continues to fall again. Look, the price of BTC now and compare it 1 month ago with today. Well, some people also argue that Bitcoin's price movements are largely driven by speculation rather than its usefulness as a digital currency.
350  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 18, 2023, 04:12:31 AM
It is most important to gain knowledge about Bitcoin before holding in Bitcoin. If you don't have proper knowledge about Bitcoin, then you will never be able to profit by holding it, that's why first of all you need to know the correct use of Bitcoin. There are some people who are new to cryptocurrency who want to use various get-rich-quick schemes and because of their lack of knowledge, they are forced to face losses. A general knowledge of the crypto space is definitely required before holding, and without skill, it is never possible to make a profit by investing in Bitcoins. It is necessary to acquire good knowledge about how to earn profit in Bitcoin and know how and when to invest. Moreover, if you do not know about the market at different times, then if you invest, there is a possibility of facing a lot of losses, so it is better to have an idea about it. After knowing everything if bitcoin investment and holding is good and it is possible to get good profit from it in future, the most important thing for holding is to gain knowledge about crypto space.

Actually it lies in a person's guts actually. Even if he is smart, if he has no intention of investing in BTC, it is just empty talk. Yes, the basic BTC investment formula must be remembered for a rather long period of time, at least 1-2 years because the most optimal investment pattern is long term. Yes, with capital and courage. If the pattern used is long-term investment (Hodl) I think that's all. It doesn't matter.
351  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 16, 2023, 02:23:59 AM
It's the process of making money and reinvest make money and reinvest.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.

To make even a 10% profit is very difficult in the current situation, especially when you bought everything with that $50 capital. The dream of being profitable in trading to get 10x, 20x ... 100x profits and achieving a profit of $1000 with capital of $50 like a dream (and trading is not the world of memes) in my opinion. On the other hand, the initial capital value of $50 is actually less than 35% of the initial capital. Believe it or not, that is what happens in the world of trading if it is not resistant to corrections like some time ago. Now. Does anyone here feel this?Huh
352  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 16, 2023, 02:15:21 AM
The fact is that it is like that. In fact, the current condition of farmers can be said to be very disadvantageous in several countries. They have to face increasing fertilizer prices which continue to skyrocket. But sometimes agricultural products are not priced too high. Even though food prices are currently rising. But actually fertilizer prices have a much bigger increase. And now many farmers have finally given up and changed professions. So a lot of agricultural land was then converted into industrial factories or even housing. In fact, I think that currently the younger generation's interest in the world of agriculture is really decreasing. Because they know that the potential profits from agriculture are not as great as in previous years. If this is left unchecked, food production will indeed decrease. Meanwhile, the human population will increase. But I always want to think well. While still hoping that the world of agriculture will finally be given better attention. And I believe it will happen.

I happened to check the price of rice at my place, for one bag of rice weighing 15 kg now the price has reached $15 (if we convert it to USDT currency) which previously was only $11. It does seem like the difference is small, only $4. However, if there are many family members, perhaps the monthly need will be high, for example for 1 month you need 4 zak. But for a small family maybe 1-2 zak is enough and don't think too much about it.
353  Bitcoin / Bitcoin Discussion / Re: How much Bitcoin is needed to buy iPhone 15? on: September 16, 2023, 02:05:29 AM
So how much Bitcoin do you need to buy a new iPhone, depending on the year?
Below is the amount of BTC needed to be spent during that period to buy each new iPhone model on launch day:

  • iPhone 15 – 0.031 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.

What is currently read. Apple is smart to take advantage of the situation with its unique offer by using the method of buying an iPhone using BTC. Well, if we buy it now it's really cheap and if the price we buy it now for example iPhone 15 - 0.031 BTC the current price if we are patient hodl BTC I think after the market recovers maybe we can buy 2 iPhone 15... They are indeed clever (Apple Company).
354  Bitcoin / Bitcoin Discussion / Re: Some Countries living behind their century, taking a back sit on BTC evolution. on: September 16, 2023, 01:59:37 AM
I think it's not the restrictions that are the main obstacle, but the main thing is that they don't fully understand and are still afraid of market volatility, in this case BTC, in the development of digital financial technology. Now. Here what must be explained about the risks and if they are ready for that is a new story apart from the advantages that exist in BTC itself as a digital currency pioneer at this time.
355  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: September 15, 2023, 02:01:41 AM
And these 90% of the population have a need for money - daily. And here volatility plays a cruel joke with them - they go to buy their last 5000 dollars bitcoin, and a month later... sell it for 2000 dollars. And their life gets even worse. It will be the same with the economy, which someone will try to build in the current situation, on bitcoin. That's what we need to prove.)

That's why there is no positive answer to the simple answer - which country/economy bitcoin helped to improve the situation - no positive answer.....

I agree. Bitcoin has become an interesting hot topic and this is a reality on the ground that I often see and feel. So the question is what is the solution other than education, because when we talk about investment BTC its intrinsic value is one of the benchmarks in assessing the price, innovation and technology behind it, so many are interested and many fail in managing it due to price volatility and transaction times which cannot be predicted with certainty especially if we frequently short sell and make we losses may extend far beyond we initial investment, yes, This something that is very important to consider, especially with Bitcoin.
356  Alternate cryptocurrencies / Altcoin Discussion / Re: Be watchful it's not yet time on: September 15, 2023, 01:27:48 AM
Many people have gained trust that we are automatically back to the bullrun, this made them to be free in choosing altcoin and newly launched tokens without knowing that cryptocurrency price action and movement are so unpredictably. It could be high at this very moment and In the next few moments we may witness a serious dip without knowing what propelled to such rejection in price.

Deep down inside out minds we taught the halving is already there, so therefore we are free to still make whatever choices we want since any coin we buy and hold makes progress during the bullrun, It would likely affect us by making wrong choice. Do your research and never rely on anyone to give you accurate information about any projects because it's your money and by no chance did those people contributed to you.

Good luck and stay safe while we patiently wait to swimming into bull season.

That's right, there are lots of coins or Altcoins that are currently worth buying. The suggestion is that if you want to be more careful, look at the graph for a time frame of 4 hours a week or a month. From there it can be seen that the coin/token has gone up or not in the near future and one more thing, if possible, check the daily transactions. What is most popular now are coins that often do small or medium pumps every 4 hours or every 4 days and that is the behavior of the short market model, but at the moment I think long Hod is good if I buy it.
357  Alternate cryptocurrencies / Altcoin Discussion / Re: Only good coins are listed on top exchange? on: September 15, 2023, 01:20:46 AM
Most of the projects are VC-backed, so their listing fees come from VC. Some of the VCs are the exchange themselves, so it is not true that all of the projects pay for their listing. Funds raised through token sales are mostly allocated for project development. There are some criteria that exchanges follow to list a new project.

1. That project must have a massive trading volume.
2. That exchange invested in that project.
3. Most of the other top exchanges list that project.
4. The project pays listing fees.

Regardless of what you say, I think capital would be the first prerequisite. Let's say they already have a minimum paid-up capital of that amount and are able to maintain equity in accordance with the prerequisites set by the trade regulatory body of the place or country where they will register so that it is legal and can be done. traded also Based on distributed ledger technology.
358  Alternate cryptocurrencies / Altcoin Discussion / Re: Mainstream coins or altcoins? on: September 15, 2023, 01:04:39 AM
Thank you for your input, and I greatly appreciate your perspective. In the cryptocurrency market, there are indeed two primary classifications: Bitcoin and altcoins. Given Bitcoin's pioneering status, it has always been in the spotlight. However, the emergence of altcoins has added more dynamism to this market.For me, I tend to lean towards investing in some altcoins rather than just Bitcoin. While many altcoin projects end up being abandoned or scams, there are also several altcoin projects that have shown remarkable promise and achieved success. I believe the key lies in carefully researching and analyzing specific projects to understand their future potential and feasibility.Additionally, the risk management aspect you mentioned is crucial. To mitigate investment risks, I also employ a diversified strategy, which means I invest in some altcoins alongside Bitcoin to balance my investment portfolio.Most importantly, I genuinely wish to connect with cryptocurrency investors from around the world and share our insights and experiences. If you have any suggestions or methods that could help me engage and communicate better with this community, I would greatly appreciate it.
 If you are willing to share some insights on how to connect with other cryptocurrency investors, it would be highly valuable. I look forward to building relationships with like-minded individuals and pursuing success together in the world of digital currencies!

I see that your interest is very high in finding investors, whether you want to create a project or just want to be connected. and from your point of view, you prefer Altcoins (dominant) to BTC which is very familiar to investors big and small. For your method, you have set a good diversification strategy for your investment portfolio, I think it is good.
359  Economy / Economics / Re: We Are 2007 and next year 2008 on: September 08, 2023, 02:26:54 AM
The economy changed completely after 2008, and what led to the global financial crisis will not lead to it again. The economy has learned how to avoid a similar crisis, and this happened with a series of bank failures that began some time ago during this year. What will be the next crisis. It will inevitably be larger and have a deeper impact than 2008, but it may not be next year. Economic crises are not always good for Bitcoin. In the year 2020, when the year was affected by covid19, Bitcoin was also affected and is now affected by interest rates. Bitcoin follows the same pattern as most economies in the event of disasters, and we have not reached a level where we are independent.

How was bitcoin affected by COVID-19 in 2020 and also interest rates. I don't think bitcoin was affected in 2020, in the beginning of that year was the start of recovery for bitcoin around $7,200 after it dropped in 2019 to around $3,800. Therefore , I would say that 2020 was the build up to the bull run with the halving despite the harsh economic realities occasioned by the COVID-19. Bitcoin didn't get to ATH of $68,789 in November 2021 by magic but it was the rush in the investment on bitcoin after fiat was having the social contact "fears" which led also to online business revolution and work from home.

From historical data, it is true that BTC rose significantly during that period and the movement to its highest figure was certainly influenced by several combinations of factors outside of the pandemic, in this case the very clear rise in institutional interest and increasing mainstream acceptance. Well, is it relevant at this time. certainly not. Many investors are confused about the current market. Miscalculations and entries will of course have an impact on their basic capital.
360  Economy / Economics / Re: for anyone interested in how much their personal data is worth on: September 08, 2023, 02:13:51 AM
A presentation of data that has value because it is real, it can be collected at an expensive survey cost, so it is valuable and not free. and For business people, data is really needed to carry out a survey or some type of activity for development, well, what's sad is that sometimes personal data in some countries is still considered normal and not very meaningful, but the case is different from KYC on a platform. I remember that during the Covid period there was quite a lot of patient data that fell out of nowhere or was bought and sold, I also didn't understand where it was going.
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