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361  Local / Pilipinas / Re: Educational plan sa Bitcoin o Insurance? on: October 22, 2023, 10:57:10 PM
Why not both? You can do esucational plan da mga known at huge bank tapus invest in bitcoin for long yerm say meron ka nang 3 years old then until maging college yan in 14 years magkano na bitcoin value niyan.

Especially kung afford mo naman pareho, maganda na rin na may insurance atleast sure ka merong makukuha at bitcoin investment. Kasi who knows kung anong magiging surprises ni Bitcoin diba. Lalo kung longterm and matatag yung faith mo na magwork ang investment mo sa BTC kasi naaral mo na, I believe malaki laking profit yan.
I agree. Insurance kung afford mo naman bayaran monthly atleast eto sure value yung makukuha mo over time unlike sa bitcoin na uncertain kasi depende to sa market kung good or bad. Pero beware tayo sa mga insurance company, make sure na basahin ng buo yung contract and agreement, minsan kasi akala natin insured tayo sa sakit natin or aksidente pero after policy nila is hindi pala.

Maganda rin yung idea ni OP na regularly kukunin nya yung half profit nya sa BTC, atleast meron na syang guaranteed profit, nagiincrease pa yung investment nya sa BTC. 
Yeah, para mamaximize yung profit sa bitcoin mas maganda itake yung profit regularly, kasi anytime pwede mo naman ipasok ulit especially pag gumanda yung market. Maganda yung may insurance and investment ka, wag dumepende sa isang source lang para may guarantee ka.

Oo, tama nga naman, kung kaya naman na pagsabayin gawin parehas. Kasi hindi naman maipagkakaila na ang insurance ay maganda parin naman talaga sa kapanahunang ito. Dahil ang pinag-uusapan naman kasi dyan ay kinabukasan ng anak mo or para sa pamilya na meron ka.

Tapos yung sa Bitcoin, pwede naman gawing ipunin ng paunti-unti na parang insurance din ang datingan nya, na ang tanging kaibahan lang habang tumatagal o umilipas ang panahon ay pwedeng mataas na ang value mula sa capital na inilaan mo dito. Kaya nga dumami ang mga investors at naatract dito dahil sa ganitong concept na meron ang Bitcoin.
362  Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)! on: October 21, 2023, 11:59:34 PM
Loan Amount: 100 USDT
Loan Purpose: Personal
Loan Repay Amount: 110 USDT
Loan Repay Date: November 22, 2023 (1 month duration)
Type of Collateral: None
Escrow profile Link: N/A
USDT TRC20 Address: TUw579RoZo2NwL7BhY3nA8pepFfe5L6dF6
363  Economy / Speculation / Re: Is doubling your investment more probable than we think? on: October 21, 2023, 09:44:57 PM
With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.

However, I tend to have a more pessimistic and down-to-earth approach to this matter. Bitcoin's current price is ranging from $27,000 to $28,000 as we speak, while we will also occasionally see it as low as $25,000. With that being said, in my opinion, sometime after the halving, the scenario of Bitcoin surpassing $50,000 doesn't sound too impossible to me. Thus, if we suppose that someone purchases Bitcoin now, approximately within a year, he or she may be capable of doubling their initial investment.

I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.

Right now, the majority of the community in this industry field really believes that Bitcoin will reach 100,000 dollars per BTC. Why? as many experts say that it will actually happen. Of course, since we don't know enough about this matter, it will prevail over us to believe them because they are experts. They know more about the real movement in the crypto market, and we don't know that.

But at the end of the day, everything they said about Bitcoin positively still remains speculation. That's why, even so, we can somehow see the truth that it can really happen, also based on what's happening in the news we hear in the crypto market, although there are other news articles that are not true. Just like what happened to what Cointelegraph did just a couple of days ago.
364  Economy / Speculation / Re: Should we rely on prediction? on: October 21, 2023, 09:34:28 PM
I hope you will invest or you have invested in bitcoin so that you will not be one of the people that will say they have missed again. Bitcoin is going to over $100000 before 2026.

Should I say I'll think about it? Still finding it difficult to give it a try too soon, let's see how it will be like by the end of this year.
Now you have your own prediction, should I believe that by 2026 Bitcoin will get to $100,000? I can't say anything about that, my question is what are you saying about this year?
Hold on a minute did you just say by 2026, it's that a long time to wait?
Don't want investors to keep relying on this predictions unless they see it happening, if not it will be a heart break for them.

Everything the industry's experts say still falls short of expectations. This means that each individual in the crypto space can still make a forecast. Which is where we are if we believe a prediction expert's prognosis?

We are not fate tellers in the crypto sector; what are you basing your choice to take a position on in the cryptocurrency industry? None of us here can guarantee that our forecast will come true. Because it's a prediction, it hasn't yet occurred; we're like Nostradamus. But he did exactly what he claimed.
365  Economy / Economics / Re: The Role of Education in Financial Literacy on: October 21, 2023, 09:21:09 PM
Do you know that many people do not understand the word financial literacy and do not care about the reality of people's lives? But it can help a lot to anyone or any of us in this world. Well, in fact, there are people who do not know that they have financial knowledge about financial literacy.

Because there are people who were poor before but now their lives are prosperous, they just started with a small business, but eventually they grew their business. Maybe when they started, they were not aware of financial literacy, but they didn't know and noticed that they were already doing it when they were just starting to persevere with their business. There are others who have learned and studied it but can't apply it in their lives; some still have jobs; others have tried to build a business but it didn't grow. You get my point?
366  Local / Pamilihan / Re: Coinsph nawalan ng xrp , Mag-ingat on: October 21, 2023, 09:10:58 PM
Mabuti nalang talaga hindi na ko gumagamit ng coinsph simula ng iban nila yung account ko. Sa coins pa naman ako naghohold lalo na ang xrp. Tapos sobrang fan ako ng coins noon na tipong mas gamit ko pa siya kaysa gcash for load purchase and transfer of money, pero nagkataon lang na hindi ako gumamit ng online wallet for how many months and then nag issue sila ng restriction sa account ko for additional documents. Level 4 yung account ko nung mga panahong yun pero ang daming hiningi sa akin pero hindi ko pa din nabawi ung account pati na yung laman ng account ko kahit na nag-submit ako ng mga hiningi nila. 

Parang kagaya ka pala ng isang nagcomment dito na madami daw hiningi na requirements at nagcomply naman daw siya pero ang dami daw alibi na kesyo kailangan pa raw ng ibang hinihingi. Ibig sabihin hindi ka nag-iisa, talaga palang ganyan ang ginawa nila sa mga account ng users nila. Hindi nga magandang serbisyo ang ganyang ginawa nilang yan.

sa nangyaring ganyan sa coinsph, hindi na ako magtataka kung isang araw biglang mabalitaan nalang natin na magsarado nalang yan bigla. dahil sa bigat ng isyu na kanilang kinakaharap, at for sure kahit sinabi nila na everything is under control, sa katotohanan hindi na nila makontrol ng maayos ang sitwasyong isyu na kanilang kinakaharap talaga. Matatalino naman ang user ng coinsph, alam na nila kung ano ang dapat nilang gawin.
367  Economy / Economics / Re: Is there a formula for Bitcoin starters? on: October 21, 2023, 08:59:06 PM
Do you know what makes Bitcoin so great compared to other investment schemes? This is the one without any amount; as long as you can use it to have bitcoin, you can buy it and have it. Then that small amount of yours, when the time comes, can have a high value, and the type of your capital can double or more eventually.

This means that Bitcoin does not choose an investor, whether you are rich or poor; as long as you have the ability to buy within your pocket, you can really have it. Unlike other investment schemes, it is not like that.
368  Economy / Economics / Re: Bangladesh economy facing headwinds on: October 21, 2023, 08:46:47 PM
Right now, if there is anyone who has been greatly affected by the state of the economy in Bangladesh, it is the constituents that they belong to. I just can't imagine how high their interest rate is compared to inflation. It means that the price of their goods there is more expensive than here in our country.

If here in our country the prices are rising and really expensive, there in Bangladesh the price has more than doubled. I don't know how the people there are able to survive, but I hope the government officials there will immediately take action to lower their inflation rate, in fact, so that their countrymen there can breathe easy.
369  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin for everyone? on: October 21, 2023, 08:36:50 PM
I am asking this because not everyone has made tangible profit for holding. Just like myself I end up selling at a loss most times just to solve a problem. Some might be lucky to buy at a low rate and within few weeks or months the price just pumps to their favour. This kept me wondering if Bitcoin is actually for every one or it is a scheme for selected individuals..

Bitcoin is only for people who believe in it. And if you believe this, you should also know what you should do to have it. Now, the question is: what are the requirements for you to have Bitcoin? Of course, the main way is to trade here or hold it long-term.

We know that trading is not easy to understand; it is not just buy and sell, literally, and then you will earn Bitcoin immediately; it is not like that. You need to know how to read a trading chart or graph, even with the tools that are used here, so that we can predict the possible direction it will go, whether it is up or down, but of course you must learn the basics first. And it's not a night that, the next day, you immediately know and understand; there is no such thing, of course.
370  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is different from other means of investment on: October 21, 2023, 08:26:11 PM
Even though some people will argue that Bitcoin was not created primarily as a means of investment, it has become obvious that Bitcoin presents a good investment opportunity. Many people even use Bitcoin as a hedge against fiat is plagued by inflation. One aspect that have created much argument is real estate with many saying it is more reliable than Bitcoin that they claim is risky.

I know several threads have been made in this regards with most of them moribund. I created this post because I feel so bad regarding what happened in my country. As you can see in this post and the video in it, the state government demolished an entire estate with several buildings and properties inside. This is peoples investment that just got destroyed. This was a property approved by previous administration but demolished by new government...another risk many people do not put into consideration in real estate and some other physical investments.  This is a confirmation that Bitcoin is safer and better than many conventional investment portfolios.

Anyone still doubting the freedom, comfort and peace that Bitcoin offers is probably yet to embrace reality.



Maybe the land on which the building stands, even the houses, is government property; they were demolished because they were standing on the land illegally. And it's possible that the previous administration let them build a building or house that was build in exchange for payment, and the official who approved it probably pocketed the money. In short, a corrupt official

So Bitcoin is really far from other investments because it is difficult to demolish because it is digital and it cannot be used by heavy equipment like that. Even if it is defamed with words that are full of lies and it is not easily broken, yes, it is vulnerable, or they will only get damaged but get back up to recover.
371  Economy / Speculation / Re: "Mr. Bitcoin is about to go down big." - Jim Cramer on: October 21, 2023, 08:14:13 PM
It depends on you if you believe what he said. There are only two things that can be seen from the person who spoke: first, either he doesn't know anything about Bitcoin or maybe it's just his way to beat or give fud to BTC so that if there is a panic in the majority of the Bitcoin community and a lot of people sell, they will take advantage. He bought it when the market value went down.

That's the style of swindlers and liars in the name of money, meaning he's the type of person who has greed in his personal nature to get what he wants.
372  Economy / Economics / Re: A dog that vomited and then ate the vomit again on: October 18, 2023, 12:56:08 PM
1.I think that your forum thread title is very misleading and I smell clickbait. Grin Do you suggest that Warren Buffet is "the dog that vomited and ate the vomit"? Why would you think of such disgusting thing? Grin

No it is not a clickbait, and you were right on that, His criticisms of Bitcoin are as if he had vomited, and then he also supports cryptocurrency, which is equivalent to eating his vomit again.

And I also see hypocrisy in his personality in the words he utters, even though I know that he was already a very rich person before Bitcoin was actually created, and we know that, of course, it's already given. That's the only thing I attacked that he released, criticizing Bitcoin.



373  Economy / Economics / Re: In times of war, Gold rises. What about Bitcoin? on: October 18, 2023, 12:35:46 PM
I've seen Gold market prices rising lately as a result of the current Israel-Hamas conflict. However, Bitcoin hasn't experienced any upsurge in price. It's still hovering around the $26k range. Something similar happened during the Russia-Ukraine war.

Is it because investors still don't trust Bitcoin as a store of value? Or is it something else? Please enlighten me. Your input would be greatly appreciated. Thanks. Smiley

You're comparing Bitcoin to gold, but why? You are aware of their distinctions from one another. We are also aware of Bitcoin's advantage over gold. Therefore, I don't think it means that more people are investing in gold and that no one wants to buy Bitcoin; it's not like that.

Is Bitcoin not trusted at all? For more than ten years, Bitcoin has been operating in that manner. The fact that the investors no longer want Bitcoin indicates that they did not invest in gold. That's also not the case. They are investors because there are still people who want to invest in things like gold, bitcoin, and other cryptocurrencies, right? You're aware that it must be.
374  Economy / Trading Discussion / Re: You are also like them? on: October 18, 2023, 11:59:24 AM
Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

Well depends on the video you are watching, There are a lot of sources right now on the internet and one of these is YouTube you can watch how the YouTuber or the content creator creates their content how to make a trade, learn how to trade and what are the trips and tricks in making trading. Just gain knowledge, and copy their trading style if you think suitable to them but availing of their exclusive contents like learning is on your choice not as always its ideal to follow because sometimes it's part of their market manipulations. You can learn more with the experience and try to analyze every mistake you made this helps you to become more efficient trader.

We as viewers should be wise in what we see, especially if those are bogus experts, even though we are aware that there is a lot of chasing for views. In actuality, we can still learn things or gain ideas there. If you are aware that nothing he says makes sense, it is straightforward to only take what will benefit us.

Given that it is true that these influencers make trading seem comical, it is fairly simple to avoid doing so. Find a different trader that makes sense to you and has more experience; that's what I'm doing. Why would I waste my time watching someone on YouTube who is aware of the error of his statements? Am I right?
375  Economy / Trading Discussion / Re: My experience as a beginner trader on: October 18, 2023, 11:47:36 AM
OP, your motto about quitting is not an option might be dangerous. Hopefully, you're not getting emotional right there because that will be the time that you might break your earlier plan like putting in more money that you can only afford to lose. I'd been on and off on trading although I can say that I am not really that good. The only time I had great profits was during major bull runs which are the year of bitcoin halving and its following year. At present, I have a small position in the future that is more than a week already because I am hardheaded instead of just waiting to make trades next year and 2025.
Yes, I also believe the saying that trading is not made for everyone. Many people have tried it and didn't like it. However, for those who are interested in trading, and want to become professionals, then stopping is not something that needs to be done. Maybe the OP wants to convey this.
People who want to become professional traders need to be aware of all the risks involved in the world of trading before they start, so I think that they already have the basics of trading. It's just that making profits and losses is a normal thing in the world of trading. Maybe what he means by quitting is quitting trading and looking for another job. However, people who are experienced in the world of trading will most likely stop when they see the potential for something that will benefit them, or they will stop temporarily to minimize risk. In this case, some people call it a strategy in trading, stopping for a moment to see market movements before starting again.

Yes that's it ask millions of successful traders  they were once in a shoe when they should have thought of quitting  rather they take it  not as an option but as a strong teacher and I will add this
 It's always okay to rest not quit.
There's nothing like trading it's not for me so far you've tried  it unless you are to lazy to learn which it should clearly state your motive as a quick money searcher Grin.

You were on that matter, There are other traders that sincerely desire to engage in profitable trading but are too lazy to do it. As a result, they ultimately give up since they are not sincere about what they want to do. If you don't learn how to trade, it's still unlawful.

In summary, this subject is still quite broad; it doesn't just happen over night; the next day, you are fully informed while trading. Because they lack love for what they want to learn about trading, those who are eager to make money in crypto trading are also the same people who can easily give it up.
376  Economy / Economics / A dog that vomited and then ate the vomit again on: October 18, 2023, 01:14:52 AM
First of all, I have no anger or bad intentions towards W.Buffett, I just want to emphasize on this matter that we know that Buffett is the number one critic or anti-crypto. Whatever he said before about Bitcoin that is not good, he even said before that even if Bitcoin becomes 25$, he still won't buy it. But what happened?
Quote
"Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank in June 2021 ahead of its initial public offering (IPO) later that year. Buffett's Nubank holding is thought to be now worth around $840 million after he plowed another $250 million into the startup bank during its IPO.”
https://cryptopotato.com/this-is-warren-buffetts-top-stock-in-2023-hint-its-got-something-to-do-with-crypto/

There is really no secret that cannot be revealed, the truth will reveal, now what is this NUBANK?
Quote
The Berlin-based neobank – N26 – established a cryptocurrency service that will enable customers to buy and sell 100 cryptocurrencies.

The largest fintech bank in Latin America – Nubank – also hopped on the bandwagon, launching its own cryptocurrency in Brazil. Interestingly, Berkshire Hathaway – the conglomerate holding company spearheaded by the famed investor and crypto critic Warren Buffett – is among the financial backers of the banking institution.
source: https://cryptopotato.com/these-banks-are-venturing-into-crypto-despite-ongoing-bear-market/

Did W. Buffett do this without knowing that Nubank is crypto-friendly? For me, I don't believe he doesn't know this. But why did he still speak negatively about Bitcoin? What is its purpose? Because if he is really anti-Bitcoin (W. Buffet), then this is how we will know: does the title I made in this discussion fit him? Why does he have to utter derogatory words about Bitcoin?
He talks about the negatives of Bitcoin, but the one he invested in, NUBANK, is crypto-friendly and already launched his own cryptocurrency called "Nucoin".

This means that W. Buffett has a personal interest in why he is always criticizing Bitcoin, because he probably thinks that when many people panic about what he will say and there is a dump in the market value of Bitcoin, he will take advantage of the opportunity to buy large holdings. It's just that what he wanted to happen didn't happen; this is just my assessment based on the information I found here.

Warren Buffett statement Before


https://www.cnbc.com/2022/10/19/buffett-backed-digital-bank-nubank-to-launch-its-own-cryptocurrency.html

What do you think?

377  Economy / Gambling discussion / Re: Cash out or keep playing? on: October 17, 2023, 01:24:30 PM
I want to pose a question that I believe is quite expensive for many of us here, and it's a dilemma most of us can relate to. We all know that gambling is a game where we put our luck to the test. However, there's a crucial moment in every gambler's journey. the moment when you hit that big win. Do you cash out and savor your victory, or do you continue playing in hopes of even bigger winnings?

I've often wondered how many of us can truly stop playing when we are ahead. It's a challenge because the allure of winning more can be irresistible. I've witnessed situations where a friend deposited money into a casino, faced losses, and just when he was on the brink of frustration, he struck a significant win. Did he stop playing? No, he left his winnings in the casino, only to lose it all again.
So, I ask you all, what would you do when you finally make that big win? Would you cash out immediately to enjoy your winnings, or would you keep playing in the hopes of an even more substantial prize? Shocked

When they win, most gamblers increase their stakes because they believe their luck has changed. When you play casino games and consistently lose, you get even more determined to make up the deficit.

It is obvious that a gambler has an addiction when he acts in that way. When they make a profit, he finds it challenging to halt or instantly cash out. They cease gambling because of greed, which also drives them to keep gambling even when they win.
378  Economy / Trading Discussion / Re: 31 days later.. Testing own strategy on: October 17, 2023, 01:13:07 PM
It's been 31 days since I started testing a strategy I designed in TradingView, applying my knowledge in trading and investments. This is a continuation of my previous post https://bitcointalk.org/index.php?topic=5468812.0 in which I asked whether achieving an average annual return of 20% was considered good. There were several interesting comments, with some people saying it's a good return for spot trading, while others felt it's a very low return due to the high risk and volatility in the cryptocurrency market. Some mentioned that for a small capital, it might not be worth the effort for such a small gain. I'd like to address some of the points that came up in the post.

**Risk Management:**

The strategy divided my capital, and the  involves making multiple purchases as the price drops, averaging the cost, and selling when a certain profit-taking level is reached. In the Google Sheet I'll share, there's a sheet defining the risk and why I consider it a medium-to-low risk strategy.

**Trading Operation:**

My strategy is designed for Bitcoin, but it can work with other cryptocurrencies. I primarily use a 3-hour timeframe.

**Time and Management:**
You don't need to be in front of your computer all the time. Once I get a signal on TradingView, it sends a notification to the app and email with the quantity of BTC to buy and the price. Placing the buy limit and sell limit orders takes just one minute, which I find manageable for a 20% return.

**Performance in 31 Days:**

I've completed six trades, including both buying and selling. Over these 31 days, I've achieved a return of 1.91%, which translates to a daily return of 0.06%. Projected over a year, that would be 22.52%, but this can vary based on market behavior. It's important to note that this is in the spot market. Can it be done in futures? Yes, and with leverage (2x or 3x), you can easily reach 60% to 70% returns due to compound interest. However, I prefer the spot market as I see it more as a long-term investment.

Here's the link to the spreadsheet https://docs.google.com/spreadsheets/d/1nfNuJB5ZkewvZ8A9ACPJik0p3Vq1g-TO/edit?usp=sharing&ouid=105063930982027234018&rtpof=true&sd=true where you can see all the trades I've made, a screenshot of how the strategy operates on TradingView, and a sheet of risk. I'll provide another update at 60 days and continue until I reach 180 days, which will conclude my testing, and then I'll consider adding more capital. Feel free to ask anything...

In the first place, you don't really need to stay in front of the computer all day, because that depends on the timeframe you set up. Now, if your set-up is every 3 hours, that means every 3 hours that pass, there will be a new candle formation on the chart, either buy or sell. And the one left by the line on the candlestick is called the wick.

With this strategy of trading, it is really necessary to understand that you really have to. It's really not possible for you to make unfounded predictions; that's the truth. So, if you earn even 0.5%, it will still be a profit. You will only see that there is no profit in your way if the profit you see is zero percent or below.
379  Economy / Economics / Re: Binance's Growing Legal Troubles: Are They Facing a Crisis? on: October 17, 2023, 01:02:14 PM
Binance has been through a lot, but as you can see in its several years of existence, there are still many people who trust the Binance platform. Everything that Binance is going through, they are overcoming little by little.

How many times has it had issues with hacking? How many times have they solved it somehow? They still maintain the trust of the community in this industry even though that happened. That's because they have established trust in the cryptocurrency community.
380  Economy / Economics / Re: Things you should know about Money mindset on: October 17, 2023, 12:44:18 PM
When it comes to money, we all have different perspectives and opinions. So, in addition to the other points raised by the OP, I agree with him that we don't always have money. This is correct, and I agree.

Of course, no one can make money unless they take action, right? We can't make money sitting around doing nothing if we don't work on anything. We will not get any money until we act and discover a means to get it.
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