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Paying is not a big issue if you are paying to the right person. But if you are just paying these signal groups who claimed themselves as trading expert, that is a different story. In that case, I'd rather watch online tutorials, read books, etc as I could certainly learn more without wasting my time and money.
I could pay a person as long as I can assure that I could something in return because not all the things we are able to learn from the internet, many ideas can be found during actual trade. At least having someone at the start is enough, we can learn more as we go on.
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I do not understand your explanation of how Bitcoin impacts unemployment, and I equally don’t think that Bitcoin impacts unemployment in the way you make it seem. What Bitcoin has done is bringing about the idea of cryptocurrency, which we now have many cryptocurrencies. And if not the jobs like being a blockchain developer, and a few things, Bitcoin doesn’t directly impact unemployment. Or maybe you want to elaborate on what you meant?
Let me give you a small example of how Bitcoin solves the problem of unemployment. You must know about the poverty of people living in African countries. The per capita income of people there is very low and the GDP in those countries is very small and most of the people there work day and night and earn maybe two dollars to one dollar. If you earn two dollars or one dollar a day, it is very little, but those who earn two dollars to one dollar are considered as the highest income in Nigeria. You will see that there are many people in Nigeria who are involved with Bitcoin and who are investing regularly. They are investing in Bitcoin as well as they are working on various signature campaigns in this forum which is a great example of how Bitcoin is eliminating people's unemployment. But they would not be so satisfied with their Bitcoin investment if they did not get the profit from the investment as per their demand. Average and Rich people are likely involved in investing in Bitcoin but poor people, have less chance. Cryptocurrency is not the solution to a growing unemployment rate in the country but this just gives a chance for all to earn money. In fact, we can't consider this as a job but rather as an investment. We can't rely solely on our crypto investment because this won't give us instant returns. So, we still need to find a job that supports our daily needs. And even joining signature campaigns doesn't change because this is not an individual problem but the entire country and the participation of the leaders matter a lot. |
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I agree that you don't need to tell everyone about your income, especially in crypto. Be humble and keep on stacking sats.
Through investors didn't give their private informations and they didn't tell anybody that they are and investors that they have money in Their wallets cause they will know how risky their life is if there are many people will know that they are storing some Bitcoins in their wallets. And also they will not sacrifice their money in their own risk. So they will keep Their mouth silence and always humble. They will act as a normal and we don't know that they are a big Time investor. Keeping it secret is one way of protecting ourselves from risks and aggressive attacks from hackers. While we expose ourselves publicly, the more it attracts attention to evil people, and even some of our friends may think differently. Perhaps, we can live peacefully and the ease of not thinking somebody is watching us. If we keep our life low, people don't mind us but if they see us changing, that certainly makes them wonder what we did and what we make a living. We can make proud of ourselves of our great achievements silently, there is no need to tell others and let them know. |
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Is this good advice for those who can't afford a hardware wallet?
Using a Bitcoin Electrum wallet or other, disconnect from the internet before generating a new seed and never connecting to the internet again.
Until you are ready to sell everything in that wallet.
Practically, we don't need to acquire a hardware wallet if we are just a small investor or a beginner as Electrum is enough. In fact, most of us are using this and I haven't seen or heard huge complaints about losing control of their wallet which means that the majority are safe. We can say that an offline wallet is highly recommended and more secure but we should not push ourselves to have it or take this as the priority but rather use the money to acquire more Bitcoin. We can secure our Electrum wallet if we are too careful and avoid clicking unsolicited messages that contain links. And much more avoiding exposing our keys to other people. |
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When it comes to talks about bullrun, its something very broad because there are many things that determines such and other things as well which we may have to consider during this period, but to be on a safer side, we have to remained positioned for the timing on when thins is actually going to occur so by doing that, we can compare the previous years chart to what we have already and also speculate on recent price in other to arrived at a particular target that will be profitable at our investment during the process.
Bullrun is Bullrun, and people are waiting for this moment to come so they buy BTC during bear season and hold in preparation for these days. There is so much expectation in the price of Bitcoin. Some people are saying it reaches $100k, $200k, and more. And they have this insight as they believe that history repeats itself again. For sure, all of us are also waiting for the perfect time to sell and hoping not to miss it like it happened before. Indeed, it is a matter of trust that investing in Bitcoin will give us rewards and all the efforts and waiting will be paid off. |
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NO, although we can try but only a few stay long while many just quit. This proves that trading is not for everyone nor we can say that everyone can be a trader. Trading is just there but it is also a matter of choice and an individual preference. Some traders make good fortune in trading but some also face the consequences of losing.
If we can see someone had success in this field, we can't assure that we become successful like them and this is because we all are not born with the same passion, interests, and of course, skills.
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It's best to hold it a little bit longer because we are close to Bitcoin Halving and we all know that after that, the price will eventually rise up and it will create another ATH based on its past history. Anyway, this kind of option will only be available to those who aren't in need of the money rather you can just sell it if you don't have anything to spend any more on your essential needs or you really need to pay for something for emergencies.
Yes, holding is not a difficult thing when you are a long-term holder but those who think about this investment every day may think about selling after seeing the high price. This is what I felt many years ago as I believe that every pump is an opportunity to earn and I also think "what if" it dumps. Most of the time, we end up in FOMO, especially for newcomers, and that "what if" is very influential to our minds. But I don't think selling now is a wrong decision. As long as we are selling above the price when we buy Bitcoin, still a big thing here. Of course, holding for a little bit longer is good as well believing that there are more pumps after halving which gives us a chance to earn more. |
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Just like in the old days, many new projects are still using this strategy (airdrop) to gain extra traction and traffic in the market. Yes, some people get into their attention while some ignore it because of their lack of confidence that they will make money from them. Indeed, deep research is very important in here but airdrops now is on the twist where participants must comply with a few tasks before they get something, unlike before when it was totally free drops, you just signed up and got yours. Well, A lot of people received free tokens but unfortunately, some of these tokens are worthless, not even listed in any exchanges. I got some many years ago but as usual, still $0 in value.
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Bitcointalk Username: Yamifoud
BSC Wallet Address: 0x64fb588aA3fFF99b7c6DD945B1dFF193DaB302FD
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We're not sure how it affects the meme coins' momentum and also how it impacts over Solana but there is one thing I smell in this strategy, meme coins developers are here to make money, and they give everything they have just to see their plan become successful. But the question is if that is worth taking or not. I'm not going to question how sustainable these projects are because we already know that they are just for the short term. So therefore I would say that we have to take extra caution in choosing these projects and only invest the amount that we can afford to lose.
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Why do we think the technical analysis would be reliable when their are other analysis we can use to trade in the market.
Many people feel like if they don't use the technical analysis, they will not make money from the crypto market.
We could even make more money without using the technical analysis so we just have to understand the analysis we are using in the market because this would help one to make more profits in the market.
Because majority of the traders are certainly relying on using technical analysis with its high advantage, and thus make them successful traders. But I do believe that they are well knowledgeable and skillful as well, and not just totally dependent on technical analysis. However, it’s actually doing a big part on them, the fact that they are also knowledgeable and skillful on how to use its technical analysis that becomes an essential aspect in the trading market. Technical Analysis is just a tool that could help the trader but of course, it doesn't mean this will be the only reason why they succeed. But those who think this is useless or not reliable, I couldn't think how they become a trader when all traders are using this market analysis. -in fact, TA has a huge impact in making decisions and this is the way to determine if we have to sell/buy. Maybe some people don't think it was useful because they don't even trade in real life or never know how to use it. |
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snipped~
Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization. Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC. Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit. If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain. But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable. |
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I'm not an economic expert here but the only thing we can do for now in order to fight against inflation and survive is to change our lifestyle in the simplest way especially if we are just a minimum wage earner. We also have to multiply our sources of income, invest more if we have money today, and not wait for the situation that we are in the struggle with how to do it especially if we are jobless. Perhaps, there are a lot of opportunities to earn money, we just need to leave from our comfort zones.
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This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.
Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything. It's a continues learning process, and same with your opinion, it takes time to create better strategy to have some edge but there's no guarantee that you will not lose, even experience traders lose a lot, they just know when to stop and when to re-enter to recover, it's partly emotional control, money-managements and your determination to focus with how you foreseen your opportunities. Newbies who only got basic understanding may expereinced luck and they usually thinks that it's easy to repeat that same profitable patterns, but not always that they can have that luck there are factors that they need to understand and they need to consider as it will lead them to lose more from what they've achieved. Committing mistakes is normal but committing the same mistake all over again and again is somewhat not good anymore as it looks like we are not learning nor we would like to change. Many people had learned from their mistakes in the past so they improved and became successful. I think that committing mistakes is a good tool to make someone push themselves to learn more and become careful in their actions. More experience, more mistakes but on the other hand, it creates also more learnings. |
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Anyone can do it and it is free. However, people make their judgment, not just about the nature of the project but it is how the project has been created. If your projects look promising and the team can be trusted, it is a plus point that makes investors become interested. And this is the reason why a lot of new projects fail and it is because people never see it as worthy, but just another useless project. Whether you like it or not, not all developers are creating projects for the good of everyone, some did for a scam.
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Innocent people work hard and sweat just to make money but unfortunately, scammers take it away easily without a sweat. And ask if these scammers are going to be blamed. They deserve to have it because if they are a responsible person and if they look at the situation of others, they won't make innocent people a fool but they did it for the sake of their own. In fact, being a scammer/fraudster is not a job that they will be proud of it and it is a big shame of the family. These people should not gain respect in the community no matter what is their reason.
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Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
It could be one and many others which is why we can't expect that the surge is going straightforward but must expect some price drops. And that is why we never know when the ATH arrives ( or we are already there). But this is only one thing I would say, keep holding and just sell when the price hits your target selling price. The dumps and pumps are still a thing we witness, and so many factors that affect the price trend but if we are certain in our goal, it will be rewarded. Better don't mind all those things that influence the market price instead, focus on our goal. The halving is just around the corner and the results are still uncertain but we are positive about it. |
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No trader can control his or her emotions 100%. There are days we feel sad over our losses and there are days we get excited because of the profits we have made. So, getting emotional is normal as a trader but it only becomes a problem when we allow our emotions go out of hand to the extent of controlling our actions. Traders need to really understand that as far as trading is concerned, losses are bound to occur, so their is no point feeling guilty and blaming oneself over losses that occurred, such acts will only escalate things and cause more harm. Rather, if a trader feels like his mistakes caused his loss, he should learn from such mistake and upgrade his skill. Getting losses is not a death sentence, upgrade yourself and enjoy the world of trading.
Feeling mad when we lose it is quite normal but getting our temper too high is not good anymore and it should be managed before it affects our mental health and decision-making. It is a normal experience for us traders but if we want to succeed, we also have to control our emotions to least possible we can do. That is why I encourage traders not to take this seriously, especially beginners because the more we think it always, the more possibility we can't move on. It is very important we know how to deal with our emotions, it can't be instant but at least, we worked on it to make it better and controllable. |
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