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41  Bitcoin / Bitcoin Discussion / Re: I'm now all in BTC. All eggs in one basket! on: May 11, 2021, 04:21:16 AM
I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Wow all in BTC and haven't sold a bit since 2013 so i must assume that you are already gained or earned a profit from your 2013 investments if ever you were going to sold it today.

But to be honest, in my own opinion and perception I guess putting all eggs in one basket somehow wasn't that practical though the risks was always on the picture of investment but I guess considering of investing to other top altcoins was good too but of course it is your money and your rules.
42  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum price will now go down again after reaching 3k? on: May 10, 2021, 05:44:25 PM
Ethereum is increasingly being removed from exchanges. It's as if Bitcoin were being withdrawn from exchanges. When Ethereum 2.0 is released and fully implements the POS process, the scarcity of Ethereum will increase, as will the value of ETH. Traders expect that the amount of ETH will reach $10,000 in the near future. Naturally, this condition will drive ethereum prices higher; in truth, I am certain that ethereum will hit $ 4k in the immediate future.

You have a right and wise guessed with this statement of yours mate and the market of Ethereum today didn't fool anyone because now it Ethereum has a exchange market rate of exactly $4,181 and yet Ethereum haven't experienced or encountered big price correction since it attained a $3000 and above.
Everyone including myself are very positive that Ethereum will continue to this good rally of market exchange rate, though price correction is inevitable.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: What really makes a cryptocurrency successful on: May 10, 2021, 05:13:04 PM

Sometimes five years ago, trading fees are not at all a concern. But nowadays people are considering high transaction fees is an obstacle for success of coin. But, definitely I will not agree with that because bitcoin is right now having massive transaction fees still it keeps appreciating. On the other hand market capitalization is just another metric but economically not having any significant meaning.

A real use case and active devs team are more important in my opinion. But nowadays, coins with the no real purposes are finding success because of heavy promotion. When dev team is coming up the strong marketing strategies then they are easily hitting bull's eye.

I definitely agree with you mate, for me first thing that might be the major reason for a success of a certain project or ICO goes to the active and development team behind every successful token. There is no other than to credit but them because they are the reason for a successful improvement of token that leads to atteact investors or traders and mass adoption.

Lets just take a look with the high gas fee of ethereum too, this is the main concern for every traders and investors for the last couple months but it has nothing to do with the successful market of ethereum today.
44  Economy / Gambling discussion / Re: What age bracket is perfect for gambling on: May 10, 2021, 04:37:34 PM
Anyone on legal age even some minors now do gambling but It will be better if there's no one in the family involved in gambling since if there is one atleast who do that it will influence everyone in the family and we all know the effect of gambling if not properly trained or have no gut to understand the situation.

Well I used to believe that the childs growth especially the way they grow, their habits and hobby choices are being affected mostly by his/her environment. Its just simply the blending of the childs attitude or outlook in life base on what kind of environment he/she has grown up that's why it is better that at their you age they shouldn't have someone in their family members that could teach them or someone they may get curious why are they gambling or  what else.

So for me the legal age was always the best age to get involved in gambling because first, he/she was matured enough to handle risks, loses and emotional breakdown that the gambling may bring.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk Tells His Mother Dogecoin Is Her Mother's Day Gift on: May 10, 2021, 04:01:19 PM
Isn't it funny that the influence of one man could cause a coin to pump? Truth be told, Elon Musk is a major influencer of the crypto market especially Dogecoin.
Now, I don't know his true intentions for shilling this coin but whatever it is, Musk is doing a good work at it.
And talking about Musk himself, I'd say he's quite ambitious and I wouldn't write his ambitions off as being impossible. All of the inventions that were ever made have been thought off has been utterly impossible at some time. If he believes we can have a multi-planetary civilization, the I believe it can happen, although it might take some time.

Isn't funny how Elon Musks shilling of Dogecoin had made a big impact to the crypro and what is more thing about was people are believing him, believing any recommendations or insights he have especially on cryptocurrency.

He really have a lot of charm  to attract new investors for Doge, really a major influencer that lift up dogecoins exhange market rate.
If giving a dogecoin to his mother is what he thinks the best mother's day gift he could give to his mother then it isn't bad at all.
46  Bitcoin / Bitcoin Discussion / Re: Bought my vitamins with Bitcoin on: May 10, 2021, 03:26:11 PM
What you've done is a form of futuristic thing that will be normal. Today that kind of action seems not so popular but in due time paying with Bitcoin will be normal globally since we know BTC is widely well known coin. I guess not just Bitcoin but also some of the popular coins that will be accepted by many crypto business minded people.

It is truly a futuristic thing that in other countries have already implemented. It is not yet popular but somehow there have other countries which starting normalizing or practicing the used of bitcoin token or transferring bitcoin token point to point in exchange of goods like groceries.
I have heard and read a news here in our country that there are some grocery stores which already accepted not only bitcoin but also ethereum, doge, cardano and other altcoins in exchange of goods.
47  Economy / Economics / Re: Big test for Bitcoin during the next Economic Collapse. on: May 07, 2021, 07:15:46 PM
I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

Totally a blissful moment for you mate because you may didn't expected bitcoin to go as higher as $57000-$60000 today but you have anticipated that it is better to put an amount that you can afford to invest in bitcoin than be sorry. The trust that you have given to bitcoin market was unmeasurable that you take risk to put certain amount in bitcoinas an investment.

And now, you reap what you have sow, the market of bitcoin really produce a fruitful and abundant year and you can now earn your return of your investment as 10x as much as you have purchased it.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you invest if it would also help those in need? on: May 07, 2021, 06:38:09 PM

It would be great if investing in a project can be a good charity because I myself have never found such a thing in investing, and if you are happy to do so then you should research in depth whether investing in the project can be a charity for you.

Why not right, i mean I bet everyone here in crypto community have already a good profit that has earned and giving a little from it to the needy people can make a day for them to live.
But if we will going to talk about donation then it should be a free will of a person to give and shouldn't implemented in every transaction to eb mandatory.
Maybe they should inform us that they are conducting such charitable works and asks us if we want to give rather than obligate us to give without our free will.
49  Bitcoin / Bitcoin Discussion / Re: Saving asset in bitcoin is much more better than saving in banks on: May 07, 2021, 05:46:55 PM

We can base things from the past, what happened way back are still possible in repeating itself, with wide adoptions to happened in the following years,

expect that Bitcoin value will continue to rise high, early holders managed to earned a lot from this market, it's still open to everyone who are willing to take the risk and invest with their money.

Spare the amount that you can forget for another 3-5 years, you'll see how many times it will multiply after.

Exactly our past experience here in cryptocurrency should also be taking noted, well in my own personal experience I had lost a chance to earn a good profit way back 2 years ago because of the sudden price drop of crypto tokens and much worst a half of my bitcoin was lost because I just forget to exchange it into fiat.
Well maybe investing in bitcoin could give us a good return of investment in just a short period of time compare on investing it or putting in a bank but should take note that we shouldn't have to put all in one basket.
50  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: May 07, 2021, 03:59:02 PM
BNB road for $1k? Well,  I think it is possible to reach that value but maybe it takes more time before bnb's value increase that much. And there is always a possibility that it can be compared to other coins like ethereum when suddenly falls in year 2018 but  here comes year 2020 and as to date the value of ETH fly so high. It is always depend on the investors, traders and users of the coins. The more demand in the market, the value will go high. We can never tell what will happen in the future.

But why? I mean we have our own technical analysis when it comes to token price prediction and probable soar high of the token but for me I guess Binance has a huge potential to a road of $1000 exchange rate.
What I mean is the mass adoption of Binance in a smart contracts and blockchain of new rising projects today give way for a betterment of exchange rate of Binance.
To be exact, the market of Binance today are still doing great and hopefully a road to $1000 new ATH be possible soonest.
51  Economy / Speculation / Re: Who is Faster to dwindle at the price in the long run BITCOIN OR GOLD on: May 07, 2021, 03:13:06 PM
When it comes to volatility speed, as we can see bitcoin obviously moves up faster but then it can also move at the opposite in an instant depends on the whale movement, too.
 Comparing it in gold is most likely not appropriate as bitcoin is thrice volatile than gold.
 
 As for your question who dwindle fast?
 
 If it is for a short term basis of course we can see how fast bitcoin dwindle than gold  but if we are referring to a long term basis, we can't actually say who it is as gold also dwindle as years goes  by.

Well I guess the characteristics of the crypto market or the bitcoin market as being volatile has some advantages to think when compare to gold but really risky to consider.
for me both bitcoin and gold are valuable and worth to invest for but if I am going to analyze between which one for me is good for short term and long term investment then I'll go with gold for a long term and bitcoin for a short and long term investment. Yep, I am classifying bitcoin as long term and short term but it was all based on how you dealt with your investment.
52  Bitcoin / Bitcoin Discussion / Re: Sold my first Bitcoin and am happy on: May 07, 2021, 02:38:02 PM
Three years! This shows you are really a long term hodler, and this has actually paid you off buying bitcoin at 2018 prices was really down compared to the prices we have now, I guess u must have been 20× richer than you were three years ago, this is the power of investing in the right asset and also having patience. You know patience is one of the key factor of being successful in this crypto space, imagine the profit you must have made so far for just buying and hodling. Crypto is the future it has wiped away poverty from most axis of the world.

I can't imagine how OP manage to control his feeling not to sell his bitcoin knowing that for the past three years the bitcoin market was saturated and can't even imagine the patience that he endure to wait till the market get rise up and be able sell his token to earn a profit from his bitcoin token.

He really deserves what he have earned and to think that even only 5% of his token that he had sold will be enough already to make him hapoy from what he has get or earned.
53  Bitcoin / Bitcoin Discussion / Re: My feelings after 11 years with crypto. on: May 06, 2021, 02:00:33 PM
Hello everyone, today i want to tell you about my crypto-depression.
So in 2010 i was working in IT company and my friend from work told me about bitcoin mining.
Next day after this information i register on this forum and start mining coins, everything going perfect but bitcoin price was really low and unstable.
I was investing everything in gpu. Couple times i lost my fund's on scam-exchange but i still had a lot of "mining power".
In 2015 i quited my job and invest my whole savings in bitcoin, in that time i had more than 15 bitcoin's and gpu worth 20k$.
And after 2 or 3 week's everything fucked up, in same time i lost my job and my wife get sicked.
In Nov 2015 i selled everything but still i had -$$$$ to pay, so you probably asking why i made this post?

Now after 6 years i have biggest depression ever, if i only burrow money from somewhere 5 years ago and didnt sell my miners...

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.


I feel sorry about what happen to you mate but know that you are not the one who experience loses. Everyone has there own regrets in their journey here in crypto.
I am a crypto user for four years and I do encounter losses too.
I may have a more than a 1BTC that time but I have used a half of that in my whole life here in cryptocurrency and lost the half.
I know this is only a small loses comoare as yours but I just want to remind you that smaller of bigger loses is also a loses and there is an infinite chance to earn that amount who have lost to you.
54  Alternate cryptocurrencies / Speculation (Altcoins) / Re: April is the real alt season on: May 06, 2021, 12:27:09 PM
I don't agree with you because I didn't see my coins climb the price ladder, maybe they are shotcoins.Afaik the only coins that were making headlines were coins like Bnb, dogecoin, ethereum and a few more others.

Seems altseason only applies to the most innovative ones, the rest have to wait for bitcoin to make a big move.

There are some altcoins that was soaring high like Ethereum, Binance, Cardano and polka but there are also some altcoins that are trying hard to step up in a ladder.
Maybe this last month or this month are good for other altcoin, and yeah supposed to be considered as altseason but cannot considered as the whole alts because only few are being able to step up.
But to be honest it is still good to consider because it proves that altcoins can step up also like bitcoin.
55  Economy / Speculation / Re: New Bitcoin support! Fall or rise? on: May 06, 2021, 10:39:21 AM

We can still calm knowing the Bitcoin price is still stable above $ 50k, it seems like it still takes time for the Bitcoin price to go back up to a price
above $ 60k. Hopefully in the near future there will be positive news that can trigger the Bitcoin price to rise above the $ 60k price.
Now we just need to be a little patient waiting for the price of the Bitcoin pump. Because indeed sometimes we need patience to be able to get
large profits from Bitcoin.

In my own opinion as long as bitcoin exchange rate was still on the amount of $50000 up for it is still good.
Actually it is really hard to oredict what might be the next trench of bitcoin path be it a rise or a fall but as what I have seen in the market the strong resistance on bitcoin exchange rate dominates the market.
We may have different technical analysis when it comes to bitcoins upcoming new price but I know that we are in one of thinking positive and aiming for a good price ahead on bitcoin.
56  Bitcoin / Bitcoin Discussion / Re: Investing in bitcoins for future kids on: May 06, 2021, 10:12:02 AM

You should buy a coin that has proven to have a future, an example is bitcoin, if you watch closely and check the stats since 2009 when it created till this moment, you would understand the reason why you should be stacking some sats now for the future, because if its able to get to this price in just 12 years of existence, think of the price in the next 10 years from now, bitcoin is going to be wild in the future that's why I think its the right cryptocurrency to buy as a future investment for your kids.

Which of course first and foremost before you would going to invest for a long term investment in a coin or token you should consider if the coin was tested, proven and established. Considering investing in bitcoin for a long term investment was a good idea but can't deny the fact that it was risky too because of being volatile of bitcoin and the inconsistent market exchange of bitcoin was one of the factor that were going to deal with.
57  Economy / Economics / Re: How do you define rich? on: May 05, 2021, 05:32:25 PM

That's a good definition of rich everywhere but what you will spend your money on decides the level of richness. If I have 10 million dollars I can do whatever I want and I wouldn't ever need money ever again, some people look for houses that worths at least 10 million dollars, so as you can see there are differences, for me about 200k for a house is more than enough, that would be a very decent house as well and not like some small flat neither, and I can get one for my parents as well near me so 400k for houses, rest could go to bank for interest and I could basically live with the rest of that easily, we are talking about at least 9 million dollars even if I find a way to spend the other 600k, and the interest of that would be more than enough for me to live happily ever after.

BUT there are some people who would see 10 million as not nearly enough and want more, we all do the same, have a house, have our family, pay for everything we "need" and yet the numbers are so different.

It's absurd but yeah for me my kind of definition of rich was the way people are spending their wealth usually a liesure one, spending on their properties and luxurious lifestyle. But there also some rich people alive that doesn't have a very luxurious life, no more liesure times and liesure trips and life but still rich. And at some point I do consider some people rich already if they have manage to earn for themselves $10,000 -$12,5000 a month or having an assets of real state investment and a bank account of $25,000 up.
58  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum giving bitcoin a hard chase on: May 05, 2021, 04:16:46 PM

You seem to be talking about BTC dominance. Naturally, if BTC's dominance fell, then many actors moved to altcoins. This is the season the altcoin holders are waiting for. Regarding Ether, it is one of the top choices of traders. Why? I think Ether is the second alternative after BTC. Their community is huge. The developer is also always innovating. Their trust in Ether is very big, even though the price in USD may currently reach ATH, but in BTC the price of Ether is still very far from ATH.

The market didn't deny the fact that ethereum made a huge impact in the market demand today and yeah it can be hardly seen on the continue rising of exchange rate of ethereum. But for me even if that bitcoin dominance in the market was been decreased gradually as of the moment it doesn't change the fact that bitcoin is still bitcoin, the highest valued token in the market today. On the other hand, i am happy with the altcoin market today because so far it is good and everyone are totally waiting for this.
59  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: May 05, 2021, 01:50:24 PM
Its highly possible for BNB to reach the 1000$ mark knowing that they keep on burning enormous amount of total supply that maintain the value of it on at stable level. Also, because many projects now are shifting in binance smart chain which makes bnb more valuable now than eth.

Probably highly possible for BNB to attain a new ATH well especially having $1000 exchange rate to be exact.
And I believe that aside from burning enormous amount of total supply of Binance in the market, we are now entering in Binance trend. Also an additional factor to consider of soaring high of Binance exchange rate was the fact that a lot of new rising projects or ICOs we have today are using Binance Smart Chains, so probably this will add up to the demand of BNB and will affect the market price too.
60  Economy / Trading Discussion / Re: You could die from trading. on: May 05, 2021, 11:37:49 AM
Stress, anxiety, depression, panic
Those are the side negative effects of gambling, if we really are not ready enough with trading consequence.
Actually, as long as we have been ready with all the risks and also have strong emotional control management, it may not happen. because we have already know when to be very serious when to be relaxed, and how to manage and face any kind of market volatility.

So far, what makes many people stressed because of trading is because they really expect high profits and then the result is the opposite, moreover, if the money is from the loan, saving, and other necessity money used.
This is ironic when they don't know the basic laws or rules of trading cryptocurrency.

Actually trading can also contribute in developing this serious illnesses.
Well for sure everyone of us are here in trading platforms because of our sole reason and target and that is to earn a profit especilly at this serious times of pandemic.
But most of all we should prioritize our mental health and that is why it is so important that we have a self control and limitation when it comes on dealing in trading.
Like what we have a saying that everything is good but in moderation.
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