Many newborns newbie trader have always made this types of great mistakes all they just wanted is to just flex without hard work and I gist it doesn’t work like that.
From the little time I have been in the trader’s world leaning has been one of the key to success of many greater trader’s who are enjoying their self and their fame’s..
As a newbie’s trader you just have to pay the price of success before the flexing that the most important thing,
A traders are not same. For the fact that Mr A earns from trading and so also Mr B does not mean that both are same intellectually and financially. This is why a trader shouldn't imitate the spending habit of another trader because there are alot of variations. - Mr A can be an experienced trader while Mr B is an amature trader
- Mr A could be trading with $10k capital while Mr B trades with $100
- Mr A can be emotionally strong when his portfolio is at -70% while Mr B will shiver at -10%
Above all, newbies are always less successful in trading. Many newborns trader have always made this types of great mistakes all they just wanted is to just flex without hard work and I gist it doesn’t work like that.
If you just want money without the work involved in trading, then you will easily be drawn to pay and subscribe for signal groups that will just be giving you signals to make profit from. You can never become extremely successful trading if you depend on signal groups to trade, but you will just be turned into a dependent trader. A newbie to trading needs to understand even before they start the learning process to trade that it involves long term learning to be very successful as a trader. As a new trader, focus on learning first, do not be under pressure to want to start earning in a short time of just knowing basic trading methods and strategies. I am not against signal groups especially if they give valid signals. It is not everyone that can fetch a cup of water from the wavey and stormy sea. If you cannot fetch, subscribe with someone or a group of people who can fetch and earn in a smart way. What I discourage as you said is total newbies subscribing to signal groups even when they have not learnt the basics of trading. The end effects would be disastrous. I agree, focus on putting effort into learning and gaining knowledge and not rushing into the desire for quick gains or profits.
Trading is a gradual process that requires a solid foundation of understanding and skills, the temptation for fast money can often lead to mistakes and setbacks. It takes time to understand the market, and strategies and manage risk which are essential for long-term success.
Newbies pay less attention to this advice. Especially as bull run is on the way. They will think they know how to trade due to sudden movement of some coins. But when the real time comes, they will lose hugely and learn from their mistake. |
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As a bitcoin trader and holder one should never settle for less
In life I have watched many rich people who want to make more and more money why is this so??
I have noticed that the rich always want more for there him self even though he has more him still want more to himself, so I will advise us as a bitcoin holder or trader don’t think because you are in your comfort zone makes you feel better that a fat lie I have realized that Comfort zone only makes us feel weaker and lazier
Most rich trader today keep this phase “ The pursuit of excellent is the bests “ so as I young trader don’t always see yourself as someone who is weak and lazy always sand strong in getting what you want at a best level.
When as much as I so much align with your gospel of continuous striving, there is a limit to which one can strive and immediately such a limit is exceeded it will be disastrous. And also anyone that is striving and pushing more should already have equipped themselves in order to withstand the pressure that accompanies the stage they want to find themselves. Relating this to traders; if what the trader knows is only the basics (trading from spot). But due to the fact that the trader doesn't want to settle for less, he begins to trade with X10 leverage when he doesn't know much or begin to trade futures, this will only lead to worse and better. It is good to be luxurious. Luxurious people are ready to take more risks for a comfortable life. If the goal is high, people are ready to work harder. But ambition is often the cause of downfall. Because when people are blinded to the goal, sometimes they cannot judge good and bad. Then he took many wrong steps without understanding. I would say nothing in life is too good. Everything should be normal in life. But everyone's lifestyle is different.
Luxurious people are ready to take more risks for a comfortable life. This is a true statement. When you don't push yourself beyond your limit, you might not see the need to earn more. Maybe I will have to try a luxurious life if I can increase my financial strength. |
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As for passive investors if they're making more money, for me it's possible and if I'm comparing myself as a trader then I'll probably make less than just simply holding because it's stress free and I like more being passive than active because it's likely that you'll get to lose more and that's proven.
I believe that passive investors can make more money in some circumstances. For instance, a passive earner might have the opportunity to earn from 5 different sources since they are not spare heading anyone. This will not be possible for an active investor to multi task and still maintain efficiency. This is where I rate passive investment over an active investment. Anyone who can earn passively from upto 3 sources should be somewhat comfortable. I've been watching many YouTube videos on how to make lots of money through day trading.
However, I've read what Warren Buffet (an American businessman and philanthropist, widely considered the most successful investor of the 20th century) thinks about short-term investing, which is quite negative.
It sounds confusing to think trading is investing and investing includes what is called as short term investing. Investment must be long term to be matched with its correct definition. When you call it is a short term investment, it is no longer investment but speculation. Day trading is different than speculation and let me explain. Trading has nothing to do with expectation that price will rise more, the project will grow up more. You can trade with long or short, sell high buy low and enjoy short term price bounce. Speculation has something relates to price growth, project growth but you don't plan to hold a coin too long, just speculate it is time to have the coin because you see price will rise soon. It is still different than investment that relates to strong belief that the project will grow up in long term. I think you are just contracting the whole thing There's trading; There's short term investment; There's long term investment. - Someone who takes advantage of the daily price fluctuations to make money is a day trader
- Someone who buys a coin and in the next month or 2 observes that the coin has given 12% and decided to sell is a short term investor
- Someone who bought a coin and hold for 6months and above to 2, 3, 5yrs is a long term investor
. If there's something I'm missing, please let me know. |
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I am kind of new to the crypto era, and I am wondering if any of these P2P platforms scammed or legit?
- Paxful
- Bybit
- OKX
- Phemex
- Bitget
Maybe these sound familiar to you but this is my first month into this game and I want to pick the right ones.
Thanks
It all depends on your definition of scam; - If depositing fiat, using it to buy crypto and withdraw it is what you consider as legit, all of them could be legit.
- If asking for KYC is what you consider as scam, all of them could also be scam
But if you are willing to submit your data in the name of KYC, using popular exchanges like binance could be the best choice. Remember that these platforms provide a safe way to make P2P deals, but you are still making deals with an unreliable third party. Look for an account with a high positive rating, read the terms carefully and ONLY release escrow after you are sure that your money has arrived.
The exact reply I have been looking for. A platform could be genuine but the users if not strictly regulated could be scammers. It doesn't end in validating the domain, but also being careful with the participants of the platform is important. |
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Bitcoin was created as an alternative to fiat currency but most people see it differently now due to the huge traction and multipliers it has made over the years. If I am right 95% of all BTC are into for profit, not the technology even those that are into it for the technology joined its market due to the future benefit they virtualize it presenting. Understandably, the profitability of a market is what fuels its longevity but it also fuels market manipulation, FUD, etc that play a huge role in what determines the price of the BTC market.
Bitcoin has changed to a great extent from what it was seen from its creation. I am not surprised because that is the nature of new technology. Whenever a new idea is coined and launched, it is very much open to modification such that if care is not taken, the original idea of that invention would be overridden. Bitcoin is not an exception to this. I do not think that the bitcoin we see now is what Satoshi intended it to be. I believe and according to the whitepaper, Satoshi proposed something that will be a currency for buying and selling, fast and also fee less transaction. Today, bitcoin is more of an investment asset than a currency, it is beaten by other coins such as XRP in speed and transaction fee are mostly in hundreds now. Yes, I once felt in a rush to sell my BTC when it reached a new level from before, but there was a reason I sold it,
I'm not a holder, just a daily trader who gets a profit of just a few % is enough,
At a time everyone of us have sold and later regretted, but such regrets don't last long if you don't sell for silly reasons. Again, a successful day trader can be in profits more than a Hodler |
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It's just drama - they don't really do it and I think mt.gox has had the same drama so far. No one knows for sure when FTX will compensate its customers - but if it does, they should have done so already. If customers are truly compensated – they should get what they deserve. It is unfair for customers to get a refund at price $18K or under - while the asset value has grown by more than 100% at this time. I have said that it is a drama and more related drama will happen untill the refund will happen. The refund will definitely happen even if not in full. I am just confident that it will happen because the crypto world is watching wide at the scenario and there's much more conspiracy happening. But there's a saying: It's better to have a little than nothing. It's painful - but it's a middle ground that should perhaps be considered out of good faith. At least affected customers got refunds instead leaving empty-handed.
One1 It should definitely be in full but at this point, I think customers will just feel some relief to at least get something back. What happened with FTX was a disgrace & yet another stain on cryptocurrency & stick for people to beat us with. As I said though, at least they will get something refunded, it’s not much but it’s better than nothing.
Two2 That has been the order. When there's a hack or mismanagement of funds. The victims will be delayed for some years to ensure that their hopes and enthusiasm is drained. Then they will come up with something very much lower for compensation. Statements like the above two will surface. It is better than nothing...while the next criminal is watching to repeat same process and still get away with it. |
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But then, you don't seem to understand me well. I was just generalizing about having a running campaign without a manager be it internally or externally. Just like what 1xbit did some time ago. How do you know that 1xbit didn't have manager running things from behind, counting posts etc? They had manager or possibly managers because new accounts were created with the alias "1xbit management, manager 1xbit" etc. But those accounts were multi tagged and their reputation ruined. At a time, there was no known manager or better to say they had a faceless manager. Whether there was a manager behind the scene or not, the campaign didn't go like something that was managed. The campaign participants were the worse spammers. There's no manager that could tolerate what happened in 1xbit campaign, that's why I concluded the were without managers. Any project who did not use bitcointalk managers and also do not have a reputable account here prior to launching a campaign here does not always have a good start. Bestchange had similar issues, although I wasn't in the forum then but the first pages of their thread reveals so.
True, BestChange had a lot of issues in the beginning because they didn't hire external manager and didn't escrow the funds for the beginning but eventually everything sorted. Ok, I am just learning that they didn't escrow their funds. I understood how risky it was for the community to believe such a project. But it is nice to see how everything has fallen in place. |
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Let the other forum decide on what will happen to that person, since the account was not sold here in BTT, so I don't see how justice can be done here. The other forum don't give a fuck about what happens over there like account abuse, neither do they take the offenses that BTT take serious very serious. When you plagiarize, you will only have a negative Karma, unlike here that it will lead to the ban of your account. I wouldn't blame them over there as they have few users and nothing like signature campaign. If not for the ban of mixers that forum would have still remain like a ghost land.
I also do think that in the future, their rules over there will not change drastically. Maybe it could gradually blend with the rules of Bitcointalk because the teleported users entered with bitcointalk vibes and all the suggestions there are according to what is obtainable in bitcointalk. Why I believe that their rules won't change drastically (maybe issuing ban instead of -ve karma for plagerism), is because they have something like executives or boards that sit and make decisions. Unlike here where issues are treated case be case and both admin, mods, staff and even DT members can just act without consultations You summed it up very well here. It's vice versa too. So I must say that protect your account on the other forum too so that anything bad does not affect you on this forum too.
Do you mean it's better if we teleport the account there? Instead of having our account cloned or having the username imitated in another forum? This sounds logical to me and perhaps regardless of whether we want to use that account or not, at least no one can claim our account on another forum. I don't think it is necessary to compulsorily teleport your account to that forum even when you don't wish to discuss there for the fear of being impersonated. Stating a disclaimer here that you are not in Altcoinstalks is enough to disregard any account impersonating you, or destroy it with -ve karma |
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Manchester united managed to gain victory over Westham yesterday was quite a good one but it's still not enough to redeem their glory as they will need much more than just that to be able to secure a spot at least amongst top four team, the performance of Manchester united this season isn't encouraging and yesterday I literally struggled to go see that game
I hate it when my dear club wins a match and somebody will call it management. How can you say that Manchester United managed to win Westham United. Manchester United kept a clean sheet while scoring a whooping 3 goals in the match. That is not a narrow escape and neither is it a management win. This is the reason no body or only few persons praise Onana. Andrey Onana was able to keep a clean sheet against Westham of Bowen, M.Kudos and co but yet he will not be praised. Again, Manchester United was in the 9th position just last week ahead of Chelsea which was in the 10th position with just 1 point difference. But today, Manchester United seem to be in the 6th position while Chelsea is in the 11th position and yet it seems like Manchester United is doing nothing. Tottenham is looking very much formidable to the point that I'm scared if Manchester united will succeed in the race for the fourth position with them because they are strengthen the team with the return of their injured players and son who went for the Asian cup to defend his country, the return of all these team mates will make the team get a better form than they did had, Manchester united didn't ha e any of it's player going for any tournament yet thsy still didn't look inform against other teams in the absence of their players so I doubt if Manchester will do better against a complete spur squad in the race to the court position on the table.
It is true that it will be difficult for Manchester United to make the top 4 of this season's English premier League because how hard and complicated the league has become. No one will easily give up their position among Tottenham and Aston villa. But if Manchester United remains consistent in their present performance, they will be in Europe for the champions league next season. |
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Matter of fact and this is a keen observation of mine, most shitposters in here aren't even from campaigns, they were those no-sig mfers who push out content shat by ChatGPT or stolen from the bird app to get merits and rise up the ranks, possibly to get signed up on a signature campaign, if they want to shoo shitposters away from this forum I think they should look into that instead of directing their hate against people whose posts are weekly audited and observed for quality.
There is a group of sh!tposters you guys are missing in your analysis. I have just seen that type recently in the project development board. A newbie account will drop a project they developed (real or scam), but likely scam and you will immediately see other newbie accounts as the first first to ten comments praising the project and testifying how they made alot of fortune from the project. Probably only one person has those accounts. That is another type of spam that non signature campaign participants generate. If you observe newbies that are posting in Bitcoin Discussion, you can probably collect a lot of data from there although I don't believe that those accounts are really newbies, the way that they post about different bitcoin related topics might look janky to us but there's some hints that most of them aren't really that totally noob when it comes to the way the forum works, I have a conspiracy that this "newbie" accounts are created so there's more topics to reply from because they've been in a lot of campaigns for so long that they're probably running out of topics to reply to.
I have never heard of this, or thought about this. That someone would deliberately create a new account to raise shitty topics in order to easily complete post quota. I mean this forum is wide enough for anyone who wants to drop 50 posts a day. Besides, I have seen people who discuss in threads above 10 pages and get paid even when it is possible that those posts won't generate any view. So, what's the need for creating new accounts just to raise topics. Well, the idea doesn't sound like something that will not happen. It is just possible. |
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Hi guys, As usual I have something that makes me curious even though it's actually not important. But I will respect your opinion even with a little ridicule. lol  - Indeed it is somewhat ridiculous and a weird question, I would have asked that you needed to make the post in the neighboring forum and not here. But I understand that it is related to trust and it concerns us here.
- I would have loved these forums to operate separately, ofcourse because they are separate.
- But one thing crossed my mind also. Since we have almost the campaign managers here also in the other forum, if I fall out of love with Royse777 here for instance, he might transfer the grudge to the neighbouring forum vice versa.
- Does this mean that if I commit a crime in the neighboring forum, I can get punishment here?
- If yes, you have raised a very important issue for discussion
- There's more things on teleporting than we see. If a username is teleported, also reputation is teleported
- But it is in the hands of the altcoiners to detect a sold account in their forum and not Bitcoiners here
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The first mistake has been make and you are likely going to make a second mistake. Before reading what others have said in this thread, I will like to give my advice based on my experience about cryptocurrency scam. The TECHFUADFORT SERVICES could also be the same as the BKEX who is trying to rip you the second time. Hello everyone, since May 29th, 2023 I have not been able to access my account in BKEX Exchange because the exchange has blocked all trading for all customers. To date there is no information or update about what is happening with our money and whether we will get it back one day or not. I think we would be cheated. It is wrong to save in exchanges and especially in unpopular exchanges. I don't even know the reason why people run to unknown and risky exchanges. Could it be because it is where shitcoin developers easily list their coins. There are supposedly companies on Twitter that can restore the coins and transfer them back to the responsible victims. My wife is it possible and can these people be trusted? Has anyone ever heard of this company TECHGUARDFORT SERVICES (Twitter: @Techguardfort3)?
I have said it before that might be allies of the scammers or the scammers themselves who will end up asking for more funds from you to retrieve the stolen coins. Even if you tell them to continue working that when they retrieve the money, you will give them a certain percentage. How sure are you that if they have the powers to retrieve stolen money, they will send it to you instead of to themselves. |
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If anyone could start a signature campaign in this forum without a campaign manager, it is likened to running a company without a manager. As far as I know (someone please correct me if I am wrong), the signature campaign you are currently part of is managed internally by BestChange and not by the external manager and they are doing it quite successfully for years so your statement is not true. With that being said, I do think that it makes more sense to hire more experienced person who knows this forum well, like some of our reputed managers instead trying to do it by yourself. Bestchange campaign is managed internally by Best_change and not a bitcoin manager. The management of the campaign has done well over the years. It is not only Bestchange that is in that category, casino campaign called stake seems to have same arrangement where they have internal managers and they have been successful. But then, you don't seem to understand me well. I was just generalizing about having a running campaign without a manager be it internally or externally. Just like what 1xbit did some time ago. However, coming from the context you brought us to. Any project who did not use bitcointalk managers and also do not have a reputable account here prior to launching a campaign here does not always have a good start. Bestchange had similar issues, although I wasn't in the forum then but the first pages of their thread reveals so. |
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I still don't think people are going to see that money anytime soon. I imagine that if they pay, it will be something for a few years to come, like MT GOX. Don't get your hopes up about receiving money from FTX, they will always find a way not to pay, going to court or making excuses.
You are the only one who has seen it differently and rightly. The people involved should not just sit excitedly waiting for FTX to pay. They will continue to make excuses upon excuses and it the end they might pay but it will be overly delayed. It will be fine if the victims don't expect anything from FTX, rather than expecting and in the end get disappointed or heart broken for the second time. FTX to refund customers at Bitcoin's prices below $18,000
The bitcoin in our private wallet is the real bitcoin. Exchanges might not be holding all your funds in bitcoin but they will display it to your understanding that you own Bitcoin. When issues like this happen it will be revealed. Assuming bitcoin price is somewhere below $10k, they would want to pay with the current price. They just want heads off, I don't blame them though. |
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These days, the cryptocurrency market is going up, but many new projects seem to be not so great. About 90% of them are meme coins, just for quick gains and not really useful. However, there's that remaining 10% with interesting and unique concepts. It's tough to find them, though. I came across a GameFi project named "Insurrection," which is play-to-earn. It caught my eye because the game is already live, playable, and looks professional. What do you think about getting involved in a gaming project like this in the current market? Website and Gitbook links are below: Website: https://insurrection.games/Gitbook: https://insurrection-app.gitbook.io/the-insurrection/I have heard about play and earn projects but I have never been involved in any and I don't also have a close friend who has tried it in order to give some kind of feedback if it is worthy to have my time and money. Maybe one of these days I'll give it a trial. Although, when I saw the thread title, I had thought that OP was saying about investing in casino tokens and that was actually why I clicked the post to see if there are promising casino tokens. The only one I know is betfury casino token, I don't know if the token is still in circulation. I find it suspicious how new accounts join the forum and post asking if it’s wise to invest in a project and then share their details. I think it’s shilling because all the topics have the same pattern, and all the time, it’s always a newbie account. I don’t think I’m the one who has noticed this but I’m saying it because it’s become too obvious. If I’m wrong and your question is actually real then it’s as simple as: Gaming niche projects are great to invest in, but research properly on which.
Since openly shilling projects is not allowed in the forum, newbies or new accounts (because not all newbies are actually newbies), have found a smart way to shill projects by acting ignorant of the project and seeking the opinion of the community. It has worked for them countless times because their posts don't get deleted. But since they can only do it in one thread which often does off, they don't get much exposure they desire. |
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Well... January started off really nice with some of the guys around here thinking that it's finally a full blown bull market. But a couple of weeks in, it looks like 45k resistance is too strong and there just wasn't enough demand to make BTC break out and stay above 45k... :/ But then again when switching to a monthly chart, it doesn't really look that bad at all. Still finished the month in the green. So yeah... Just a simple poll for Feb. Up or down?   When January gave us an excellent and exciting start, I knew it was a red flag. This is because I was sure that the uptrend cannot continue untill halving. It came earlier. While the market was supposed to be suffering, it was instead glorying but I knew the glory will be cut short. But what marvelled me was the news of ETF approval which I thought would help to accelerate the market the more but it rather didn't or did the opposite. Many people thought the price will start flying almost immediately. I had two options which would move the market, which were; One has failed but it will resurface to help the effect of two to be very massive The February will continue on consolidation till the last week when bitcoin will climb 45k again. Unless there's a strong fundamental to distract the market. |
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Re: Will government recognition kill cryptocurrency or boost!
Government recognition will not kill cryptocurrency rather it will boost the imager of cryptocurrency in the large society. Talking about Bitcoin, whether the government officially endorse bitcoin or not, it does not change the fact that some government individuals and parastatals have a very good share of Bitcoin. Bitcoin is something you can own without announcing it to the world and no one would even know that you own Bitcoin. This is why it is very difficult to give a clear analysis about the people who owns Bitcoin. With the approval of the ETF we have nothing to worry about because bitcoin is a totally decentralized coin. No one or no government will force anyone to give at their bitcoin to the institutional traders. If you choose to hold your coin forever or in your private custody no one will sentence you for that and I believe that is the lane many people will toe. Bitcoin or other digital currencies have a rebellious image because they are outside of government control. But when it comes under government regulatory agency, Bitcoin will no longer have that rebellious image. And will be counted as one of the ten institutional investment sector.
I do not quite understand you here. You trying to imply that the rebellious image of Bitcoin is the reason it is prospering. That if Bitcoin cease to have a rebellious image in the eyes of the government it will no longer be successful. I don't think this is correct. |
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@chartsqa, if you mean referral links, then they are prohibited in posts (except in some exceptions), but you can put such links in your signature as well as in the Website URL and as Personal Text, which you can find by clicking on Profile -> Forum Profile Information.
Nice you have given Op many options to go about shilling his project. It is just that OP is a newbie and is likely hit by a few restrictions that might not allow them use signature space and personal text. That being said, I have seen people who indirectly promotes their links or projects in the a thread. But in the end, forum users do understand that they are just shilling their projects but I am not sure such posts are always deleted. Maybe moderators do not delete them because the topic creators were small enough not to shill obviously. An example of such thread could be something like this. If I have a casino referral code to advertise. I'll first go this way. I was directed by my friend to play here, I was skeptical to do so. Has anyone tried to use this casino? I used it and won big with alot of bonuses. You can try it also www.bitciontalkcasino.com |
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Hello, I have spent many hours studying the old threads at your wonderful forum, and I suggest to anyone they do the same. The amount of challenging, high-quality topics combined with no spam or sigs is a refreshing retro experience for me. As we quickly head into 2024, do you think there many real (unpaid) people still posting here at BCT? Have a great day.
I rightly understand your question that it is about to quench your curiosity. However there is a misappropriation of word in your sentence composition, I did not know if it was intentionally or an oversight but I think the former should be the case. You referred to those who do not wear signature as the real posters in the bitcoin talk forum. As Lovesmayfamilis had said, wearing signature doesn't mean someone is less passionate about the forum. It also does not mean that everyone wearing signature will automatically abandon the forum when signature campaign is stopped in the forum. Even if I become a millionaire, I will still wear signature and get paid here weekly. If I have no need for the money, I can channel it to the charity. I cannot be an exceptional poster here and not wear signature. Signature campaign is like a brand here and it is also part of the forum as among the things that gives the forum vibes. I do respect those not wearing signatures and sincerely wish they can one day just like philipma1957 did. |
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education is on the rapid decline to a point it is like a city where simon quest occured, and the town is ravaged of gossip that is not true
You can say this again. I do not know about Education in other people's country but education in my country in gradually turning to a jamboree. I do not even advice any young person of my country to go tertiary institutions in the name of schooling. You can only go to the university of you want to study professional courses like Medicine, Accountancy, Engineering etc. Anything apart from professional courses, just don't go waste your time and your money. I do not want to hear that someone went to school to study fishery or political science. That is a total waste of time as I do not see any value in it. Again, some young millionaires in my country who made their monies through the illicit way such as scamming or rituals as they may say, has made many other youths lose interest in the dying academic system. The world has changed so much but I was surprised to read stone age from Op. This means he is coming from a different realm I didn't get. |
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