I think staking is more better than investing because the price of some coins has dropped down which is not helping people to make a huge amount of money from the crypto market than to stake them till the price increase higher before they can release them for sale to make a passive income. Staking is the act of storing coins to a particular season or time to come before you can sell to make a good profit. Many people has achieved a lot from staking because staking is more easy for investors to make a good profits than investing to a particular project you don't know if it will be successful in future or not.
This is the downside of investing because the price of the asset that we have invested in can sometimes go down but if your goal is to make huge amount of money, that will only be achieved by investing and not in staking because there is no limit if how high can the crypto price achieved while there must be a limit on the profits that you earned on staking. They are already calculated. Crypto price can decline but if you will only holdup, there is still a chance that you can recover what you will possibly lose. Only new cryptos have an unsure future but old coins such as bitcoin have a bright future, it's only up to the person if he has a patience to hodl and wait for that moment. |
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The fail of all human civilization (otherwise I don't see any option of losing Internet and power supplies in entire world at once) can lead to bitcoin failure of course, but there could be some other options in the distant future: - newer technology which can be better than Bitcoin (if Bitcoin was invented than some other technology can be invented as well),
- money can lose their sense with possible changing of social formations and if that happen bitcoin will lose it's sense as well.
If to think I guess there could be more futuristic ideas about how can it be for bitcoin to fail in some distant future. But if without some planetary disaster I don't think bitcoin will fail in nearest future. The "newer" technology could be against bitcoin as well, instead of being better than bitcoin. Just to give an example, quantum computing is a thing that has been worked on for many years now, there is currently not success that threatens us but at the same time we are talking about a possibility in the future. It means that if we end up with something like that, it could also attack bitcoin and that will result with something bad for us. It could hack into crypto in seconds, all those hardcore wallets that couldn't be hacked with brute hacking so far, could be hacked into in seconds, which shows that newer technology could be used to destroy bitcoin as well. |
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The fact that bitcoin "can't" be replaced is not actually a success of bitcoin, but failure of all the other coins as well. Why? Because, every other coin is working towards being better than bitcoin, and many of them are better in the technological sense for sure, however in the end they are forgetting that bitcoin is truly decentralized and I mean actually being decentralized and not just fake one where there is a governance token or whatever.
As long as other projects do not have that, whatever else they have still means nothing to me and nothing to anyone else. If we keep that up, there will never be any need for it for sure.
She isn’t the one who is making the statement that bitcoin is a transformative technology rather she is stating the words of some bitcoin supporters who believe that bitcoin can be seen as such. So, I don't really think that she is saying that in support of Bitcoin, there is every possibility that she still remains one of the sceptics. So far from the comments that I have read under this post, it is possible that the news you have posted is not accurate as other people have said something that is entirely different from what you have said. You should do your research and be sure that what you have posted is correct. |
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No investment is safe, there will always be the risk of losing, the investment that has the least risk for me due to history and in terms of the movements of its cryptocurrency chart is and always will be BTC, because BTC may go down to a value anyone but I know his last ATH was in the $70k range and I know that at any moment the next ath will be much further from $70k based on what we can expect and many are hoping is that it will hit at least $100k but I think that if it reaches $100k it will continue to grow much more, it may reach $150k, and I'm not saying it, many experts say it.
This is the reason why people have Bitcoin as the biggest investment in their portfolio if they know what they are doing. I have seen plenty of newbies who got into crypto for the first time ever and then invested all of their money into silly shit memecoins and lost it all. Why did they do that? Because, there were a few people who invested 2% of their money into these shitcoins and suddenly it got hyped and had a fake breakout which made them rich, but that breakout caused a huge dip to the price eventually when the follower newbies joined and they lost a lot of money. This is simply it, anyone who knows bitcoin would know that it is the most trustworthy one. |
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Actually my trading experiences nothing but I think it's my alternative job for supporting my childrens and family. When I can't support myself with my job salaries then I entered my trading life supporting my childrens and family. That must have been a tough decision to make. Usually people try to find a new job and keep trading aside which I feel is a realistic approach because trading is not a method that guarantees an income everyday but a day job usually does. With mouths to feed you would rather be happier with these things covered than go on some risk-based method. In the meantime, I wish you all the best in trading and getting a profit out of it, but do try to enter in to a job that does not take all the time you have. So then you can balance both and have a certain degree of mental peace of being employed, which is important in this world and to be able to trade with insight. I took a different route, I actually had a job back in the day, still do have a job, and I didn't risk anything nor had to do trading at all. However, I am also very well aware that the risk of working from paycheck to paycheck means that if you have one big bad urgent need for money, you will be screwed financially. This is why I got into crypto and that is actually a very good thing as well. Nobody should stay away from crypto and trading and investment, if you do not trust yourself, just make sure that you invest according to how much money you have, that way you will be doing fine and not be bothered a lot. In the end, we all need money, employed or not. |
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2 Kings Chapter 12. The people wanted a more secure way to keep track of their funds following a security breach. So Jehoiada the priest created a wallet where the people could deposit funds, but no one would able to transfer those funds without the private key. The people who kept the ledger secure received payments for blocks.
But then shortly thereafter they changed from a proof of work model to a form of proof of stake, and eventually all the money ended up going to the priests. The people seemed to be okay with this.
I see what you did there, quite funny. Anyways, I don’t think that Bitcoin is going to turn proof of stake (PoS), the way I am seeing it, it’s going to stay as proof of work (PoW), despite there have been threats to ban it (from Europe) due to the Proof of Work, but the way I am seeing it, it would likely continue that way since it seems the developers are not making any effort towards that. Ethereum is the one that has moved to PoS. By the way, Investing in Bitcoin is not a sin for someone who is a Christian, and I believe that’s the same for every other religion out there. |
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Your prediction is really looks good but i want to ask the ideology behind YFI to be over taking BTC within the Next 3 years. Yes there could be a possibility but not Bitcoin remains the King of crypto currencies. so we are looking at BTC to $200k while YFI to $120k, though have never seen your predictions before and it will be smoothly if there's max adoption of currencies before or within predicted year.
Dude assumes Avax to be at the very top, Link to be second, uniswap to be over bitcoin and you are just wondering why YFI would be doing fine? I mean he doesn't even see YFI to be over bitcoin, YFI is 9th in this image whereas bitcoin is fourth if I am not wrong. Dude just made up something and had fun doing it and wanted to share it to both laugh a bit together, and also troll with the ones who doesn't get it. I mean it won't be like this, it will never be like this, there is no world where Uni and Avax and Link go above bitcoin, the crypto market would crash all together to nothingness before allowing that to happen. Which is why it was never a good thing, just something to see so we can laugh. |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products.  He is not sure, that's why he creates this thread and ask us about this matter. We can't deny that cryptos are good investment because all of us that are here in the forum have an interest with it or already have some crypto on our wallet but for gold and cryptos I guess not all have a knowledge about these two. In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve? |
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if we are confident in the world of trading, then we should be able to respond more to what must be done to become a pro trader. psychological, analysis, money management all must be taken into account. There are many events that we can take lessons from, sometimes we feel sorry because we didn't buy before and now pump, or other feelings. what is clear is that it should not interfere with our focus on the future, therefore it is necessary to believe in yourself
Knowing how to manage capital is really important. Some people are fond of letting their greed blind them from making the right decisions in the market, maybe because of what they have heard from the news, about traders who have made lots of money from the market, and they forget that it never works that way for everyone. It’s a process and is not something that you will have to rush, you just have to take it slowly and keep learning and also manage your capital in the right way, knowing fully well that the market is a volatile one. With time you’re going to start earning bigger in the market. |
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You could have like a paypal account and do this. It is also true not just for skills, but for digital online sales of a digital product as well. Like let's say there is a software, you could sell that and make money as well, or a pdf and you can sell that, or a course and you can sell that.
Basically anything that could be sold via online world could be a way to make money. Hell, you could build a game from readymade templates and change a few things and hope for making money from mobile gamers as well. Obviously, you could also learn digital skills that will make you some profit but that is only valid if you could be good at it enough to actually make a profit from it.
The difference is that in crypto you do not have to have a "talent", it is not just about learning a skill, it is also about the fact that it is global and earning something with that kind of payment is very important. Crypto is a great way to earn money by trading, but also it is a payment method. So, if you work in lets say totally unrelated stuff, like building a game, or writing a book or whatever and then get paid in crypto that's possible, totally unrelated to crypto job, but paid in crypto, on top of that you also have a lot of people who would work in crypto related stuff as well and earn money in crypto as well. These things matter a lot, paypal can't cover that easily, crypto can. |
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Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!
Maybe by the end of the year we would reach a high market price. But, the overall Outlook currently is negative. A lot of predictions that have seen as of recent are really not positive about where the price is heading to. But since you're talking long-term, there is the possibility that we may hit a really high price before the year is over. But it goes both ways; it can either be that we don't reach that high price and the price remains stable at what it currently is now or we can still reach a high price. But as time goes on I believe that we will get to know what might be the possibility before the Year runs out. |
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For now this isn't gonna happen. When it comes to CSK, with the previous seasons there is no big bowlers and they manage to make wickets and win matches. During the previous seasons, if the batting isn't good in a match then the bowlers will do the best and makes it a winning match. This time when batting is good, there is lack of performance from bowlers. Upcoming two matches will decide whether Mumbai Indians and Chennai Super Kings will have a chance.
Right now, talking about change for playoff is not right because in current season we have 10 teams and every team is going to play at least 18 matches which is good enough for having chance for qualifying in next round after just four defeats surely it is not good start, but these teams can start any time and improve their chances for going through into next round right now CSK and MI both have quality and good players, but sadly they are not managing in winning way which is surely big problem both sides are facing same problem in batting and bowing in presence of good number of players hopefully now in next matches we will have positive results and very interesting competition into this season. RCB is surely enjoying good after end of Virat era new captain bring some good fortune for them as they are also at top in league table. |
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Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet. Indeed at that time the price of Bitcoin began to rise but for now what happened was that the market was back in the red, it is not easy to predict the market and hope that conditions like this will only last for a while and can see Bitcoin rise again, it seems quite difficult to see bullish in the near future we'll see That is what they say that the market now is in high volatile state. If you check the price is red now but if you check it again, it will now be green. I don't know if how long will this continue but many wishes that it will end because it annoys them while there are others who don't complain with it because they can ride the waves accordingly. It's hard to predict the market nowadays so we should take extra precaution when buying a coin. Much better if you wait for a while and see if the market is getting stable even just a little bit before you decide if you will buy or not. This could also be applied for those who want to sell some of their hodlings. |
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bitcoin is the safest place to invest among other coins even with high fluctuations, but later it can provide better returns. at least with bitcoin it will be more profitable than saving in a bank, even though the price of bitcoin does not increase every year, but if we are patient the value will exceed the first time we bought it, therefore we must know its characteristics. while saving in the bank will not increase the amount of our money, sometimes it even decreases when the interest we get is not worth the administrative costs. especially when compared to the inflation rate, of course not comparable, it's just that the value we save remains the same.
I do agree that bitcoin is safer than a bank and it is also quite good that you could make more money this way as well. This means that government can't reach to your funds neither, and you could make more money than they are comfortable with as well. Not only you will profit, but they can't do anything about it neither, like if they run the nation to ground, your money will be in bitcoin, and you will be doing fine. Imagine people who owned bitcoin before Venezuela became like this, I am pretty sure that they are doing fine. It means that bitcoin is both safe because it gives you better returns, but also safe from governmental overreach. |
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There is always a next opportunity. This should be the watch word of a successful trader. Every candle stick is an opportunity. Every dip is an opportunity, every bull is an opportunity.
The FOMO is a very dangerous. It has made many coins dump on me and tidy I would have made x500 of the coins assuming they didn't dump on me. When you hit your daily target, exit and what for another opportunity. There must be another opportunity.
However there is a caveat, every single movement in the markets big or small is an opportunity but only if you have the knowledge and the money to exploit it. If you do not have one of those key components then there is nothing you can do to profit from the markets, as without money you cannot trade and without the knowledge you cannot know the most likely outcome which may come to happen next in those same markets, so it is important to always keep this in mind, especially since newbies have the tendency to trade the markets without any knowledge about them and that is why they lose so often and their losses are so massive as well. What is being said above are accurate but the reality is only few people appreciate it like when there is a heavy dip, most of the reactions that we expect are the same, they hate it and they are worried but for the small percent of people they know that it was an opportunity. Most of us only knows one opportunity and that is if when the market is pumping. In this market, we need a money to buy coins to trade, everyone knows this already but not all have the right knowledge to trade, this is what makes them a failure. What is worst is that they also use bigger amount of money to trade. They acted like they are not a newbie in this market. |
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in my opinion bitcoin is not yet ready to become our main currency, even though bitcoin is the highest value cost about $50000/btc bitcoin still not popular to country that not interested in digital currency and some of those doesn't believe bitcoin exist. i think bitcoin must be advertise to promote to the world and bitcoin block chain should enhance security,
It is by all means, people aren't familiar with bitcoin does not equate to bitcoin lacking the qualifications to be a global currency, what i expect you to say maybe is that it could be a serious challenge for the developing countries where technology is yet to advance and places like that with time, they will improve in development to be able to meet up the global digital standard, should in case you still exercise some doubts about bitcoin, it is a medium of exchange just as USD but in a digital form. Yes, because there are still people that knows what bitcoin is and what is its use and they are more than the people that does not support btc. Most countries are still developing but I believe that each of those countries already have access to internet. This is the main thing that bitcoin needed. The only thing that can hinder for the people to use bitcoin is if its banned by the government. Bitcoin is a medium of exchange but not totally the same as usd that has a limited supply. It is also not centralized, these 2 factors can also affect the possibility of bitcoin to become a world wide currency. Other than a medium of exchange btc is mostly being used as an asset. |
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Im sure that Bull run will continue this year as many institutions shows their support on bitcoin. One example of this is Michael Saylor which even publicly announced that their sacrificing some of their own stock to buy bitcoin shares. This move will trigger some of the other known institutions and banks to activate their financial greed lock. Also dogecoin the project Elon Musk supported will definitely get some more support from the Billionaire.
Wow they did that? we can tell that bitcoin is too important for them and it can be important than their own stocks because why will they sacrifice it? What is nice about big institutions is that they keep on investing on an asset that they think good enough without thinking if the price is still high but normal investors will wait first for the price to plunge before they buy it but what makes you think that billionaires will invest on dogecoin? It is not the same as bitcoin that have a good future but dogecoin only relies on hype. It will be risky if they pour too much money on this coin. There will always be another bull run for bitcoin but not for dogecoin. |
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And these groups' choices are made usually based on the people's interest. If the people start using Bitcoin then they have to adapt to it unless the "elite" are completely authoritarian. We see how China is constantly fighting it; it can't shut it down, so it tries to "shut down" every citizen's right to it.
In the west, things are less excruciating humanitarian-wise. The governments want to portray themselves as freedom seekers; at least in the economy. People have their right to speech and if they all started treating cryptocurrencies as money by tomorrow morning, I believe the government wouldn't have a choice other than to adjust.
The main problem is that this won't ever happen, because they perpetually brainwash you to feel you need them. There are other problems too, such as people don't understand money or don't care about it at all. Then, there's the internet propaganda that misleads the public, the fact that Bitcoin is a hard term to grasp etc.
Those are what's really preventing worldwide adoption, not the block size.
China is fighting it because they want to have a complete control over their finances and economy, just like they want complete control over everything else in their nation. It's normal that nations like China would not like it, but what they are missing is that they could do a lot better in the long run. If china used bitcoin as a weapon against the west they could have made a lot more money, make it a nationalized thing if you have to but not using it and completely banning it is a big problem. They could literally afford to build as many asic miners as they could, and mine majority of bitcoins and have a complete control, that would have given them so much power. |
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I still don't understand what's a benefit of buying this NFT, maybe the fans of celebrities really want it and are willing to pay a high price. but in the future I think this NFT buyer will be in a difficult situation and this is of course related to copyright. or maybe the project developer has collaborated with those celebrities
Benefits? well just a like a typical crypto you can also flip them but it can only be tricky because you may have a hard time of selling your nft if the nft is not popular. The op also cleared it that there is no copyright involved on this one and he already ask the permission of that nft marketplace but I only don't know if he ask twitter about it. Rarible is a well known marketplace for nft so I am very sure that they won't allowed illegal stuffs. For those who dig for nft's they will probably get their hands on this new nft but for us that are not a fan of nft's we can only watch if what happens next. Let see if this is going to be the next big thing in nft or this is a flop. |
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I think your choice is correct by choosing bitcoin to invest in, but if you are looking for altcoins to invest in now are Ethereum, cardano, and Bnb. I think some of the altcoins that I mentioned will be able to benefit you if you hold them for a long time. ethereum promises more profit if you are able to hold it for a longer time.
What is clear is that what you mention is the top coin of all and for a long term investment it is very worth it, especially at this time Bitcoin is in an uptrend which is also followed by altcoins, In addition to the three altcoins you mentioned, I think there is another one that is good for long-term investments, namely Matic, which is a coin that has the potential to continue to grow I do agree that there is a good chance we could end up with Matic doing better in the long run but there is an equal chance it may not do as well as we hoped it would. Doesn't mean that it will go down, but just not as good as we imagined. ETH gas fee is not as high as it used to be and people assumed that the only reason to use Matic would be to eliminate the costs of gas fee and instead use Matic. However, as we can see right now, that doesn't seem to be the case. This is why I believe that there is a good potential, because if it is not high only due to eth gas fee, then it is a good sign, but why is it high? We do not know that now, we assumed it was due to eth gas fee but if it is not that, then what is it? |
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