You are right about most people not having the temperament and enough patience to be able to become traders in a market that is extremely unpredictable because along with vast knowledge, you need a lot of patience to be able to make successful trades in this market, and if someone thinks they lack any of these qualities, trading is not for them and if they still go ahead just for the experience, they will only make themselves lose money and nothing else.

Every person understands what kind of a nature they have and what qualities they posses, so it's not a question of not realizing it beforehand but it is a matter of ego, I believe, because when you know you aren't able to do something, you shouldn't do it in the first place instead of experimenting and losing money without any gains.

He should have let his friend know the reason why he had a bad experience in trading, don't you think? A person who gets into the market and starts making trades without gaining enough knowledge will surely have to face the consequences. You can't become an engineer without education and learning about the field, so how can you expect to become a trader without learning about trading and everything necessary for it?

People often don't understand this, they get into the market without knowledge and start trading without making any research or even knowing anything about the cryptocurrencies they are trading and then they complain that trading is bad, I know it has its risks but that doesn't mean it's bad, everything can be bad if not handled in the right way.

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Bech32 address: bc1q4u8eqda8sy79hw7uc30zrnhrymt0g38p45qkrq

It's not about the post count but it's about the quality of your posts and your contributions to topics and threads you participate in. Looking at your post history, seems like most of your posts are generic responses and there is nothing significant in any of them, you didn't try to put in much effort which is the reason why you didn't get any merits. When you want to achieve something, you need to work for it, you can't expect to get it for free.

For reference, you should surf around the forum and find posts that are merited by other forum members and read those posts, try to learn from them and once you do that, you should try and put in as much effort as they have put into their posts and then you will see things changing for yourself.

If we want mainstream adoption, like shops and markets accepting Bitcoin as a payment method and it being legal to be traded and used around our countries when we need to understand that regulations will follow, we can't have mainstream adoption without regulations and having authorities or institutions involved.

Even if we don't want mainstream adoption, governments and central authorities will still keep interfering as long as people are using cryptocurrencies because they can't let them use something that they don't have any control over, and they will always try to have at least some control over what people are using even if they can't control the network, they will keep tracking transactions and stuff.

Times have changed, most investors these days are looking for quick profits and they know it is only possible if they invest in altcoins including meme coins because altcoins tend to be more volatile than Bitcoin, and one doesn't need a large capital to be able to get decent profits which is usually the case when you are investing in Bitcoin because your profits depend on the amount you are investing, the price of the coin, and the growth percentage.

So if I'm buying an altcoin worth $10 with $100, I would get 10 coins and if the coin manages to hit $20, I will get 100% return on my investment, whereas if you have the same amount invested in Bitcoin, you will only get 100% on top of your investment if it doubles its price which is difficult since it has a huge value.

Aslamualaekum kia hal ha dosto!

Jaisa k expected tha k June ka maheena crypto k leye bullish ho sakta ha tho same waha ho raha ha. BTC ne 70k cross kia may k end ma leken ab june ma kaafi mazboot dekhai de raha ha aur lagta yahe ha k ab 80 ka safar ab jaare hoga. Muje asal kam Ethereyse ha k bas Ethereum up rahe aur umeed ha k wo b 5k thak jald jaega..

Ye crypto project ko pata nahe kaise pata chalta ha k sab ne apna airdrop June ko he announced kar dia. Taiko ne kal acha airdrop dia apne participants ko. ma ne b join kia tha leken late huwa par 20 token tho kam se kam dene chahea the. Zksync b aj Mainnet launch karne ja raha ha. Layerzero b june ma he listing k chances ziada ha

Whether one should keep holding their Bitcoin or sell it should depend on when they have bought it. If someone had bought their bitcoins during the bear run when the price of Bitcoin was around $16k, I don't find anything wrong in it if they decide to sell a portion of it at this price because we are already above $70k right now and it is not a bad price.

Those who bought their Bitcoin late, maybe after $30k or something, will surely be on the better side if they keep holding because they might be in profit right now but they can have more profit if they hold because the whole market is anticipating the price of Bitcoin going well above $100k this time around, and we still have time for that to happen.

That's great. 
This will definitely promote the use of Bitcoin and cryptocurrencies in your area and even if it's not a lot, it will surely help increase the adoption a little bit. Some people might even start researching Bitcoin and start using it if they see they are getting discounts everywhere for paying with Bitcoin and this can further increase the adoption in your city.

To have no loss in your business, I would suggest that you keep converting the assets you receive in stable coin right after you receive them because the market is usually volatile and you may lose some money if you don't do it on time and the price drops unless you are willing to hold them for long term.

You should consider a few things when you are doing the examination. Since when did price volatility become an issue for Bitcoin? One of the biggest reasons why so many people are interested in Bitcoin and cryptocurrencies in general is the price volatility which provides an opportunity for them to earn money by buying them lower and selling them higher, so I don't see this being an issue but it's a property that makes them so popular.

Scalability is an issue, no doubt, and we can often see the negative effects of this issue when the network gets congested whenever there are a lot of transactions being made because the block size isn't enough and the gap between blocks being mined is a lot compared to other blockchains.

It won't go anywhere if the whole market starts waiting patiently because for markets to move, there needs to be buyers and sellers at all times. So for Bitcoin to move forward, we need more demand which is how there will be more people willing to buy Bitcoin at a higher price to fill their demands, we also need sellers who would be ready to sell their assets at that price. Besides, even if a part of the total Bitcoin holders keep holding, there will always be some people willing to sell, this is why the market is always active.

Keeping these things apart, I believe we still have some time for the market to move towards that target. The price of Bitcoin by the time of writing this is below $70k, and we have seen it being stagnant around this area for quite some time now.

Exactly, but unfortunately, many people don't understand this, and this is one of the biggest reasons why so many people get scammed in this space because they don't understand that they can't get rich using a shortcut or can't get a lot of wealth within a short period, so whenever they get an undeniable offer from a scammer, they start building skyscrapers in the air because they are naive and greedy and believe they can actually get that much money in real.

When I was new in this industry, I was also tempted by such offers, there used to be a lot of HYIPs and similar websites and offers tempting you with very high returns of your investments, and as soon as you get fooled by those offers, you lose your money immediately.

This is the sort of behavior you see from people who have forced themselves into the cryptocurrency market they don't have a general interest in cryptocurrencies but they have only got into it because they have heard people saying that they can earn money if they make investments in cryptocurrencies, and they got into it only for the bucks. Now when they have seen it's not as easy as drinking water, they start behaving this way.

When you say that the cryptocurrency market isn't for everyone, you are not wrong, it is definitely not for people who are not interested in cryptocurrencies but have joined the market only for money, and such people will barely try to learn much about the market because they will only be in a rush to start earning money.

What makes you think and say that traditional markets are more unpredictable than the cryptocurrency market? The cryptocurrency market is still very new, whereas the traditional financial markets are pretty mature and those who are into those markets understand them very well just like how we expect someone with a lot of experience in this market to understand the movements of different cryptocurrencies.

We always hear or say that it is never possible for anyone to predict the price of a cryptocurrency precisely, I know we make predictions based on historical data but that doesn't mean we can always be right, and even if we are right about its direction, we can never know the limits it can go to.

Talking about a half, if I were in that position, I would at least sell half of the assets, take $40k, and then leave the remaining just in case the profits increase with the market, but it's not wise to not take any profit at all because you should expect both positive and negative outcomes from a volatile market since volatility can go either side.

Some people often say that one should never sell their assets and keep holding but I don't agree with that. I believe you should keep taking profit from time to time so that you don't miss good opportunities, it's just like buying using the DCA method where you don't want to miss any buying opportunities.

So it's always better if a person does what's best based on the conditions.

Wrong decisions are indeed the first step to failure in this industry. Not only in this industry but in any financial market, a person needs to make their decisions after thinking them through and not being in a hurry because you can't make important financial decisions without thinking about them first. Even if someone has to make a quick decision sometimes, they need to know and understand what they are going to do and what the consequences of their decisions can be.

Patience plays a key role when a person is into day trading because your patience will be tested on a lot of occasions by the market. There will be times when you are not supposed to make trades but the market will try and trap you, and if you are not patient enough, you will fall for it.

People do profit. When Bitcoin's price touched $73k, every single Bitcoin investor was in profit because it was an all-time high and anyone who may have bought Bitcoin before that price was in profit.


I'm not sure about the percentage of people sharing their profit or success stories, but I would say that I often see people praising Bitcoin and sharing that they have profited from their investments in Bitcoin.


They must be feeling ashamed or bad for what they did to you earlier, but they will get in sooner or later.


Maybe not all, but some people tend to believe that it is better if they keep their success to themselves instead of letting people know about it as they believe evil eyes can revert things back for them. I know it's superstitious though.

Since Bitcoin is a moving force in the market, we can't deny the fact that meme coins can also be affected by its movements which means that if Bitcoin is on an uptrend, meme coins will also have positive movement, and if Bitcoin is on a downtrend, they will have the same situation. However, there will surely be a difference in the movement of the two.

Bitcoin will not go up or down drastically, at least not every time, and it will have a more moderate movement pattern, but when it comes to meme coins, they tend to be extremely volatile because they can gain or drop value significantly in no time which is the reason why they are considered to be extremely risky investments.

So anyone making investments in meme coins should be careful.

Its impact on traditional banking or financial systems and institutions will not be extremely large because traditional financial institutions are mostly under the control of the government and a government wouldn't let cryptocurrencies make much of an impact on what they use to rule their people. Governments are completely against decentralization because they don't want themselves to be out of money matters of their people, they want to be present as a middleman forever and decentralization opposes this thing.

Talking about regulatory challenges, we are already seeing that in a lot of countries where transactions, holdings, and earnings are regulated and all cryptocurrencies are under the observation of central authorities, they try and do their best to track each transaction related to them so that they can keep an eye on who is involved so that they can tax them or whatever regulation they have imposed on it.

No, countries and their governments won't let cryptocurrencies take over fiat systems and make them obsolete because fiat currencies and traditional financial institutions provide them a lot of control over their people's money and financial activities and they use this to control their behavior towards them. Some governments might show support for cryptocurrencies or even allow their usage, but they wouldn't make them take over fiat currencies completely.

Companies and firms are showing a lot of interest in cryptocurrencies, Bitcoin in particular, because they have realized that there is a lot of profit that they can get from this industry and they can't let go of such an opportunity. So they are doing everything they can to cash the opportunity and grow themselves financially.