BTC is great for payments, you can use it to make payments in a secure way and also privately, all you need is to have an address for receiving and sending BTC to any part of the world. However, tx fees is a problem right now, with high tx fees it is almost impossible to use BTC as a payment option due to the amount you will have to spend in fees, though if you are making payments of a huge amount, or cross-border payments, then BTC is a good option for that.
This! Its not bad on being optimistic about its utility on which it is really something that could make out those crossborder payments without any needing on touching 3rd party on which simply into its p2p transactions. The only main issue on here on which if the network is clogged then fees is really that mainly affected on which you would really be paying up more than on what you could be able to pay up with those money remitances on which this is the only problem that i could see on why it cant really be able to fully integrate. Plus, we should really consider out that legal issues and regulations isnt something welcome on every country on which it would really be just that normal that it cant really be integrated or would really be accepted. This is why it wont really be that shocking that there would really be some sort of blockage or ban. For now then just let it be on how it should be.  |
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If you have studied bitcoin price history as well as bitcoin halving, you will know that bitcoin price won’t rise immediately. We might be observing price plummeting before and after bitcoin halving, and I think that’s normal. It might take several months before seeing bitcoin price rising until it reaches its new all time high, so most probably people will be encourage to buy more so they can prepare for the real market bull run.
While history may have chances to repeat itself or not, the most important thing is we should know when to buy more and when to start selling. That’s the best way so we won’t see ourselves losing while others are enjoying their massive profits.
Drop may not happen, I am not expecting a drop, I do agree that it will not go up super high right away, that to the moon type of logic is mistaken so it will not be like suddenly go for m40k to 100k, that is not going to happen. However, I am not expecting a drop neither, I am expecting a tiny increase, like let's say it's today, and we are at near 40k, then maybe like 45k, something like that is possible, even as high as 50k is possible, if we take 40k as a base, that is just example. So basically, a 10% to 20% increase makes sense and that might actually happen, and not a drop but there are people who expect a 50%+ increase and I agree that it will probably not be like that, I do not expect a big increase like that happening soon. Today we were more than near $40k. Bitcoin price went as low as $38,555 and the most interesting part is that many people did not see it coming. This is all I’m saying, speculate as much as you want to, but don’t mix your guesses with reality. When I saw the low amount in the 1-day candle, I was not too excited, but I had to remind myself that these prices are not happening as a result of speculation but based on reality. Totally actually laugh into those bearboys out there who do keep saying that we would be able to see back again on $10k on which it is really just that too far off. If we do consider on how deep we do able to come down then we didnt even hit up $35k price point and just really be able to have that 38k drop on which it turns out that it is really just that like an ordinary day on Bitcoin or crypto space. Havent people doesnt get used to it? Why they would really be loving on trying to freak out whenever there's a drop? Now that we've seen that ETF thing which its been approved then tons for sure have been expecting that this would really be able to make that huge pump until we would be able to hit up the halving period but we did see the different thing. For halving events and potential situation then it would be always best that you should really be just that be versatile and would really be that easily to adapt on whatever things that could happen along the way. We do know that this market is unpredictable and there's no way that we could really be able to tell on where it would be heading or going. |
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I started learning how to trade and my teacher just told me this advice that no one has gone broke taking profits when trading. I have always wanted to earn Bitcoin but I have been confused how to start then decided that I'll learn how to trade. I have been reading through the forum and I see lots of advice about holding and it's looking like if you sell you're not doing the correct thing. The first advice I have r
eceived is that I should always take profits. My teacher said the profits you take is better than all imagining profits you'll think that you can get in the future if you keep holding. He didn't say holding is bad but I got advice not to neglect the profits that I can take. I got this advice and I want to share it with everyone, always take profits.
this is indeed true that no one will go break if take profit and exist. but only if you can exit everytime. the fact is it is not easy to take a profit every time. there will always come times when some trading positions will go wrong and end up becoming loses. and sometimes you loose because you don't know when to exist. for example you place your sell order at 5% up but the price drop again after just 3% or 4%. I have seen people missing trading with very small margin. I hope your teacher also told you to be prefarred for risks and loss too. We do know that we cant really be able to make profits on day to day basis or simply being constant and thats the real life of a trader specially into those short term or day traders on which they are really that actively dealing up with the market on where they could really make profits or money on closing up their positions in the end of the day. There are ones who are holders on which it wont really be that relevant if they would really be having this kind of investment strategy but for those who are active traders then it would really be always recommendable that taking profits should really be your main priority. You should really be having that kind of control and having that kind of targets on the time that you would really be making those decisions. No one would really becoming that broke if you do really just know on when to take profits and when to hold your position. It is really just that there are people who are really that not that mindful about into their plans and just simply dealing up on whats in front of them on which i could say that it isnt really that recommendable. |
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~snip~
If the younger generation who are underage are using their parents identity, then this means that parents are involved in all this and they know that thier children are gambling and therefore they are responsible for any good or bad outcome. We only blame the gambling sites as they are allowing minors to access the gambling sites but the reality is otherwise. In most cases, the parents and the family has a soft corner for their children and therefore they agree if their children asked them to allow them gambling. The pro and cons of minor gambling relies on the kids and thier parents are fully responsible for it. If child steals their parents personal data or identity, they will never know about it and of course this is quite complicated matter. It would be very easy for child to complete the verification by stealing his parents identity because child can even steal money from their savings balance, let alone just their identity. Parents must really be able to supervise and also continue to pressure their children not to do bad things behind their backs and that is what they should do from the start. We cannot say that gambling sites are at fault because they have also provided KYC requirements for every user, except for local gambling sites and new ones might also state that they do not require KYC. And basically it is clear that KYC is completed with personal identity data, while this identity is owned when they are adults, the only thing children do is steal their parents identity. The biggest mistake is parents who fail to educate their children and provide education or are negligent in supervising their children activities. It is very inappropriate to blame gambling sites for cases like this because they are in business and of course they have also provided requirements such as KYC, it just that some children use their own methods to complete the requested KYC. There's no way on knowing that until problems become that known or having those kind of effects on which it did become severe on where it do really ends up for you to be wary on whats happening but if things remains silent then as a parent then you would really be that blind on what are the things which are currently been happening. If you are really that not making yourself having that sense of responsibility towards your children on how to raise up them well but there would really be situations or conditions on which you would really be that making yourself that would be able to miss out.We do know that things cant really be totally be blamed by those parents because there are really children that would really be going into the other another path despite of being guided well by their parents. This is why it would really be that situational. Risk gambling? In todays era where technology and accessibility on different things and information then there would really be those possibilities on which it could really be able to bring out that kind of situation which we might not aware for them to be already making out some engagement. |
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A few days ago, my house was being cleaned. Three people are cleaning the front and back yards of the house. One of them was playing slots and I saw him. Actually, I wanted to suggest he try sports betting because I often see the guy watching football matches and he does have knowledge about many teams. So I was wondering if I could introduce him to sports betting so he could use his ability to predict every game he knows about.
Besides that, I just feel that if he deposited $10 = IDR 150,000 into a gambling site just to play slots, he would probably suffer a complete loss. But if he can place bets on sports betting, there is a possibility of him winning some money on small bets. Wouldn't that be an advantage for him?
If you were in this situation, what would you do? Introduce him to sports betting or let him stick to playing slots. Yesterday, I just let it go but we still often meet at other activities.
Just like on what others been saying into this situation or some earlier post that it s better that you should really be letting someone be able to discover for themselves about into those things that you are interested on sharing up on which it would be best if they are the ones who would really be that able to discover those things on their own rather than on making yourself that trying out to introduce new things into him on which we know that it cant really be just that be avoided that on the time that he would be messing up his finances or suffer much losses, then it cant be that shocking that you are the ones who would really be getting blamed. This is something that i dont really like and this is why i do skip out on making suggestions into other people because i dont really like on getting blamed on the time that they would be messing up. It is really just that you cant really be able to avoid people on having those impressions because this is where you would be something spotting out first to those people who do introduce those things which causes for you to suffer problems. |
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Earning money from crypto isn't an easy task, as we generally think. You should have enough knowledge to identify fake or real things in the crypto market. You shouldn't be influenced by influencers here. You can follow them for learning and analysis purposes. Don't make any investment decisions when influencers say anything. Cryptocurrency is volatile, and you have to make real-time decisions. Most of the influencers are paid by projects where they wash our brains. So instead, we have to use our own brains during investment, and we also always need to avoid free money offers.
Majority of noobs would really be having this kind of impression on which they would really be that rushing up themselves on gaining up profits in crypto space without even trying out to realize that its never been something so simple and never been something so easy as it looks. Well, on the time that they would really be experiencing for themselves about the harshness or reality of this market then this is where they would really be able to make those realizations and would really be that be careful on the time that they would be experiencing those problems on which this is something that you must avoid. This is why it would really be that always best that you should be thinking up sensible and realistically at least. Profit is profit but you should really be that aware at least on when to basically be securing those profits on the time that you would really be having that kind of opportunity. This is why it would really be that depending on such situation. |
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Debt is something that a person should always avoid if possible. It is just an extra burden that can be a lifetime headache, so as long as borrowed money is intended to get an income source or boost current business it is okey. I have seen people trying to pay off his debt till his death and in some cases his children inherit this burden as well.
I don't understand what OP is trying to conclude here because I don't see debt as good or bad. If someone can pay off his debt in time even if he use that money to have some liabilities it shouldn't be any problem.
youre talking about bad unproductive debt where its just utilized for something consumptive not necessarily adding value to your asset worth as well as don't give you passive income of course it will be burden, i think what OP meant is that taking loan for buying something that gonna increase your asset worth and passive income instead, so that the debt will pay itself from the profit you get by renting a property for example if you try to borrow some money to buy property that actually has some worth since housing right now is needed more than ever and not everyone can afford to buy house many millennials are just renting house. so basically you are taking some loan even though it seem like you are in debt but actually you don't really use that debt in consumptive way, if worst get to worst, then you can simply sell that property that's still in mortgage (its possible) and then be done with it at worst you just only lose some small amount of money. If you are really that mindful about into your future then it would really be just that fine or normal that you would really be having those kind of advanced thinking on how you would really be making those things to make it happen in the future on which you would really be needing to be wise when it comes to spending on which we do know that this is really that needing to have that kind of decisions on which not all people would really be able to do so but rather they would really be focusing into things on which they could really be able to make their own and would satisfy themselves without having those kind of plans into their lives. Bad debts and Good debts, it would really be just that impossible that you cant really be able to make yourself that realize on determining about the two. If you would really be going into the path that you would really be making such lavish life and making debts then you would really be ending up on wrecking your life with. |
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most mistakes of traders are;
* Thinking it's a get rich quick scheme or thinking that it's easy.
* Having no proper training in the craft to attain knowledge about it.
* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.
* Having no experience traders that is good in the craft to guide them.
These mistakes often occur in people who are still beginners in trade. It could be because they have not been trading for a long time so the mistake of thinking that trading is a surefire way to become rich or a quick scheme of rich. Do not have more knowledge because it does not attend training can still be done in other ways as long as he is willing to spend hours to read trading material on the internet and watch YouTube videos every day if choosing to follow the right training requires a large fee. After reading and hearing the explanation through the video, willing to practice it in a small amount and ready to lose. This can be a solution to control trade if done consistently for beginners. If traders who have been trading for a long time, the mind about trade is a quick scheme in my opinion no longer applies. If there is, it is not worthy of being called a professional trader but still as a beginner. All the points above seem to be common mistakes that most beginners make rather than experienced traders. The wrong mindset on trading will not protect them from losses, meaning they are likely to lose money instead of getting returns. There have been too many traders who have lost to be used as evidence or lessons, of course trading skills greatly influence the success or failure of a trader. Apart from knowledge, honing skills is also necessary. There is no trader without losses, there is no successful person without ever failing, they have all experienced it. However, what makes them successful and better is that they continue to hone their skills and correct their mistakes. That is the most important thing that turns everything around for the better. When it comes to mistakes then it is really the best teacher and this is something inevitable and these are indeed the most common things that we would really be able to encounter on the time that we do start trading. This is why it would be best that you should really know on what you should gonna do, dont aim for something unrealistic and dont make yourself that being hasty when it comes to decisions. You would really be finding out yourself on such big trouble if you cant really be able to cope up with those stress and anxiety on dealing up with trading. Put up into your mind that this isnt a skill that could be learn up overnight.This is why it would really be that best that you should really learn to adapt. This is why it would be always best that you should really know on how to make yourself having that kind of adjustments on whatever circumstances that you might be able to face on. |
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I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?
Yes, they would really be definitely be having those payment partners or processors on which they do accept out crypto but recieving on would really be converted it to fiat on which this is something that we would really be knowing about on which those businesses wont really be that too confident on storing or accumulating or keeping up those in crypto form on which considering on the volatility of this asset or coin then it would really be that understandable that they would really be that having that kind of securing out their profits on which its not already shocking on having this way. It would really be that impossible that they wouldnt really be able on having at least wary about those things that they would really be seeing that it could really be able to affect out in overall profitability due to volatility. Of course they would really be that assuring out that they wont really be that affected. |
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So, just like to know on whats the real thing about $200 bonus or reward on just simply giving some advise then it turns out that this is simply just a scam attempt.  As we can see, he's really that trying to lure someone on making some deposit on resvex.com. So newbies out there, better avoid on doing so. Thread should be locked.  |
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The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.
The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.
So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.
So ask yourself, what should I know that can make me ×2 my monthly income?
Seek knowledge always.
To some extent you're quite right and everyone ought to upgrade their thinking and mindset before making money, the mindset must be so ready to make money and that's when new ideas and innovation can start coming, I believe the mind controls the body, so anything we want to engage in the mind must be ready first. The aspect you mentioned knowledge is somehow complicated cause a lot of rich guys out there earn more than the knowledgeable ones so it's not all about degree and rank when making money, have you asked around and know why a lot of people get there wealth or you're just asumming, I know without hardwork no one can be rich and even with the knowledge you fail to put it into practice it's called wasted knowledge. Waste knowledge on the sense that you dont able to utilize those ideas or things in your mind just because you dont have the enough funding or capital on which you could really be able to materialize those ideas for your advantage but just like you do said that ideas wont really become reality and this is the difference in between to those people who do have the capital or money compared to those who dont have but its true that hard work and dedication do really pays off but it would really be just that depending on how well you do able to hover yourself on working for that success. No one would really be able to make themlselves successful if they wont really be that making such hard work and wise decisions to be made on. We do know that living is never been simple specially to those people who are really just that earing sufficient on day to day living. For those who do have that golden spoon on the time that they've been born then its good but for those who dont then we would really be needing to work for us to have a better life. |
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You are right, if you don't play carefully you can never save your deposit and if you leave it on the casino site you will fall into the trap of fraud later. When you gamble with your real money the most important thing is that you can be sure and secure that your transaction is safe and that you get your winnings without any delay and quickly. Good online casinos care about these things and strive to provide the highest and best service possible. gambling sites should be analyzed to choose the right casino.
No matter how good or trusted the site is, the end responsibility remains on the user to keep his funds save and not to over trade. Being a responsible gambler is more in favor of the gambler and not for the gambling casino because they wants that people wager more and therefore more chances of losing the money.
Coming to the OP topic, if anyone is playing at stake or any trusted gambling site, he will not shift to any other site unless he thinks that the service quality of that site has deteriorated or he is having any other issue. Usually, people will never leave a good gambling site that is providing good services and fulfils the gambler's needs. There's no such thing about 100% assurance in speaking about security on which no matter how known it would be, there would really be always the chance about being scammed,hacked or simply just that you have lost totally in gambling. Its not ideal on storing up huge amounts on a platform on which it would really be that best that you should really be that knowing on what are the imposed risks on it. When it comes to preference and interest then it would really vary into each person. This is why if you do see Stake to be already boring then you could always have that kind of choice and you could always have that right on searching for another place. It is really just that there are people whom do really love on trying out to those new sites when they do feel out that kind of boredom but on the time that they cant see anything significant then it would really be just that normal that people would really be going back into those places on which they've been getting used into. |
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I'm researching for analyze real time market order positions contains in candles, Kindly suggest me some tools and indicators you use for same purpose as mine.
Exchange charts are real time.. Ex. Binance / You could really make use of those indicators which are provided and some do even have those tools like having bots on which you could really make use of. The only key on here is on how knowledgeable you are on making use of these features for you to be having that less hassle when it comes on making buying or selling orders. Price action analysis? Then here's the indicator on which you could choose from on making use of it. • Relative Strength Index • MACD • Bollinger Bands • Learn candle stick patterns • Fibonacci retracement • Moving Averages Here are my common indicators on which whenever i do tend to have that price action but of course you should really be that knowing on how to check out some timeframe biases if you do make those price actions. |
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I think the increase in fees last weekend was not only from ORDI and Sats but also because many traders tried to sell their Bitcoin after the Bitcoin ETF news, but it is true that Ordinal was the main reason why fees increased drastically. I can't even move my bitcoins because the fees are unreasonable, reaching 12 USD/transaction, that's pretty crazy. I don't know how long we will continue to be played by this ordinal community because it is quite annoying when you want to make a transaction but are hampered by high fees just because a number of people are playing their Ordinal in the network.
I would have assumed that the fees would be crazy during the etf approval but it was actually pretty cheap to make transactions during those days. Pretty much day prior to approval till Friday night, fees were cheap. You could have got many transactions approved with only 30sats/vbyte. The mempool started to ramp up on Saturday when the only assets moving were these Ordinals. I think it’s because people are impatient and instead of using lower fees like 30-40sats they spam the mempool and we are stuck with these 200 sat/vbyte fees. For those people who could really be able to afford on making use of that $3-4 transaction fee then they would really be willing to pay up with those fees and this is why it do really sucks on seeing the mempool isnt really that going low when it comes to sat/byte thing. Its been almost 2 months on which im trying to watch and check out the mempool whether its still congested or not. Its true that we arent that going below 30 sats/byte on which on the time that we do hit up into that level then it would suddenly be going up and even reaching out 200 sats/byte on which causing up the fee in whooping $20. Yes, it might not hurt someone who do have that huge funds or money that they do have which 20bucks is really just that a dust, but for those people who are really that making micro transactions? Pretty sure it would really be that pain the ass. |
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I've been contemplating this, reminiscing about previous years when memecoins like Shiba, Doge, and Pepe turned some people into millionaires overnight. Back then, I was a novice and missed out on those meme surges. This year, armed with more experience, I ventured into memes like Myro, Bonk, Rats, and Sats.
Honestly, I did make some money trading those, but not the life-changing fortune I aspire to. So, I'm still on the lookout for that meme opportunity that could turn my vacation dream into reality! 😄 Recently, there's been a buzz around $Troll and $Smiley, and I thought of throwing the question here.
The momentum appears robust, with indirect support from Elon Musk for $Troll, while $Smiley boasts a large and supportive community. I'm pondering if it could pull off another Doge. Any meme experts here? What's your perspective on this?
Memecoins could really be able to make that huge change into your life when it comes on monetary aspect but it would really be needing that extreme luck and even with less research considering that these projects are really that community driven or simply being that lead up by extreme hype. Im one of those investors of $MYRO when it was really just that starting but the sad thing that i did make out some exit on the time that it do make up that x2 hit and securing the profit but now the price had climbed up almost x30 on which it did really bring out that kind of huge regret on what i have done earlier. I wasnt been able to make some re-entry into its price on which i have thought that it is really just that only there but it turns out that it did pumped even more. No on really knows on what the future brings or on what would be the things that could happen ahead on which there's no way that you could be able to point out on which project/meme that you would really be able to make yourself having that kind of life changing opportunity on which we know that this is something that it isnt really that easy to find out such thing in the first place. |
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We all know that gambling sometimes can be fun and something not, even if we blatantly claim here that we do gamble alone for the fun purpose 🙄🙄. Truth be told majority of person actually gamble because of the possibility that they can earn some profits from the act and as we all know it , not all the time the end result is what we expected. Although am not an addicted gambler but I can say I do my fair share of gambling activities sometimes and what I have observed is that sometimes I actually make some hard calls that turn out to be fruitful when ever am tenced but the results may differ for different individuals though.
So I would like to know your own experience when making or taking risk in gambling under pressure.
Gambling is not enjoyable in my opinion if there is no risk involved. A gambler will find the true joy of gambling when he takes the risk. If I place a normal bet there is no excitement for me which is why I like to place those high stakes. So that I change in victory or defeat. Moreover, those who do not take risk in gambling have no chance to get more money in gambling. In gambling, either winning or losing is certain. Whatever we say the main purpose of gambling is to earn money so I am quite comfortable with gambling with high risk. For all gamblers, the pleasure lies in enjoying the tension that is bound to work during gambling. If there's no risks involved then its not gambling at all because if we do talk about gambling then it would really be that basically pertains into the things on which you would really be needing to take risks for you to earn something and this is how it do basically works and it is really just that in default. On the time that you are really that having that tension then it could really be caused into various conditions or situations on which you might really be that thinking on trying out to divert or changed up your earlier decisions on which you would really be having those kind of thoughts that you should really be that betting according into what you are thinking but since you have set earlier plans and targets then some people would really be sticking into that. One for the most important things that you do experience in gambling is on having that fun and not really getting that being stressful or having that tension. Somewhat it cant really be just avoided or something inevitable if we do speak about those real time possible scenarios so it doesnt matter much though. |
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Until the basic laws of physics are repealed, there will be no way a decentralized infrastructure will scale to the level needed to truly take on the world-wide credit card infrastructure (which is just a start in taking over currency generally). And even centralized cryptocurrencies using blockchain are too slow and expensive to scale to this level. XRP touts aspirational numbers of "a thousand transactions a second" when a real competitor would need to be several million transactions a second. There's simply no way you can do this with blockchain, and you'd instead need to use a non-blockchain paradigm like Haypenny. Blockchain is a great platform for meme investments like Bitcoin or NFTs, but it's not suitable as a real, mainstream currency and never will be. I think decentralized cryptocurrencies can scale to the level of VISA/Mastercard via the use of an off-chain scaling solution (aka Layer-Two). The only problem is that you still need to pay an on-chain fee (usually high) to open/close channels. If there was a way to circumvent that, Bitcoin and other decentralized cryptocurrencies would be on a road towards massive adoption worldwide. I've been doing some "digging" and found a Bitcoin L2 network called "Ark". It's privacy-focused and doesn't require you to pay on-chain fees to interact with it. Maybe someday the Lightning Network will use this technique? I hope so, especially when there's huge interest into BTC and altcoins. I'd bet 10 years from now, BTC would've already solved its scaling issues without sacrificing decentralization. The future is not set, so anything's possible. If LN would really be that something could be finalized or something that could really be able to enhanced out then pretty sure it would be that something that will really be solving out that kind of problem. When it comes to utility then we do know that people would really be liking to see on how Bitcoin would really be integrated when we do speak about payment option. Now that we've seen that Bitcoin ETF's had been that approved then it would really be that safe to assume that adoption rate and recognition did really reach out on a point that it is really that that getting that much attention yet it has come through this. Never become a mainstream? Possible but we do know that it could really be that something having that utility and plus we wont really be that becoming so big if there would be having no kind of interest and adoption of course. |
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Overall 2023 was a good year for bitcoin and bitcoiners.
Yes, it's relatable to those who took the very opportunity of starting up their Bitcoin journey and also those who kept consistent in their Bitcoin accumulation. The market was open to everyone but not everyone seized the opportunity, so putting into consideration the way the market is moving it will also accept more investors, likely few months after the halving then we expect to experience an ATH, which may not be the perfect spot to hop in. 2023 was a good year for Bitcoin and Bitcoiners. I had the opportunity to join this forum in 2023 to learn about Bitcoin, and it has helped me to understand Bitcoin and also start accumulating Bitcoin with the DCA strategy at regular intervals. The DCA strategy has always been helpful to me when I'm accumulating Bitcoin because it helps me to take care of my financial needs. We are expecting 2024 to be better than 2023 for Bitcoin and Bitcoiners, because the spot Bitcoin ETF was approved last week, and the Bitcoin halving will also happen this year. Yes I agree with you. I am new to Bitcoin. According to your information, the year 2023 was very good for Bitcoin and Bitcoin users. But for the last 7 days, Bitcoin has been going down, that is, the beginning of 2024 has not been good at all. 2023 was a good year for Bitcoiners because they accumulated Bitcoin at a low price. Bitcoin is not bad in 2024 just because the price of Bitcoin has been low in the last 7 days, it is an opportunity to accumulate Bitcoin at a low price because, since the beginning of 2024, Bitcoin price has been in an upward trend. I would suggest that BTC has been in an upward trend since late 2022, and sure maybe we were a bit uncertain in early 2023 and a few other points in 2023 if we might end up revisiting the lows of 2022.. but in the end the trend remained upward, and has been ever siince, even thogh there have been a few decently sized corrections along the way.. and even this latest one in 2024 was nearly 20% from $49k to $41.5k-ish. For those people who do really know on how to read up charts and able to compare in between months and years in regarding about plotting out those points then you would really be able to find that it is really that in upward movement but thing here is that people wouldnt really be minding about those increments but rather they are really that focusing that much on whats the price in front of them. If they are expecting $50k then having this current price of 40k+ would really be just that low and goes on when we hit against on 50k+ and it would continue. They would only realize thingso n the time that they've seen that theyre left behind and have those regrets that they should have hold or bought more on last year specially when the price hits up $15k on which we can all say that this is really the sweetest spot. |
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There’s no easy money in trading knowing you are at high risk of losing than winning most particularly for beginner traders as they are not supposed to jump into trading just to satisfy their greed and high emotions. It takes even years before you can say you can be a good and reliable trader, hence acquiring knowledge and enhancing skills and strategies should be given topmost priority before you take risk in trading. And with the experiences learned from those early traders, we can always try to trade using demo account at first so we will be exposed as to how live trading scenario is taking place.
One of the most common wrong perception into those people who had been planning on trying out to touch up trading field is that they do really believe that trading is really just that an easy thing without even trying out to realize that it was never been that easy. It is really just that there are people who are really that mindful when it comes to things when its already been that experienced. Its not a simple path to take and its never been that too easy for you to have grasps out of it. It is really just that takes a matter of time before you could really be able to take some grasps on everything and this is why it would be important that you should really know on what you should really gonna do realistically. Dont make yourself that be having that boost up when it comes to things because once you do get that kind of self confidence then this is where mistakes would really came from. This is why it would really be always best that you should really be that realistic on the things that you are tending to deal with. Dont rush up on making money or simply being that greedy yet this one is never been that recommendable. |
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