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401  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: February 27, 2024, 05:00:12 PM
I not really the alcoin guy so I'll just do a random pick myself, cause I just think altcoins are duplicate of the real deal and are inferior to bitcoin and can not really be like it,.

I think ETH is a good project and has very good potential for investing but their gas fees are their red flag and iys so ficking annoying.

Bnd is the only next project Im good with

Sol is trash to me, so many red flags and Im not a fan.
402  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: February 27, 2024, 04:45:20 PM
I came across a post where an advise was ditch out
for newbies like myself not to get involved in new projects,
due to the risk that follows.

But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good  example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.

My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.

So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.


You have to understand the reason they said don't invest in new projects, most new projects are scam and you can't really tell which is not, and moreover most newbies can't identify which is a scam project from the other, so why I think is most safe is not to involve in them at all, unless you can properly identify those with good potential to invest in.

I highlighted the part of your post I totally disagree with, you speak as tho you can time the price and once you have made profits you cash out instantly, how would you know when is the right time and I know a lot of people with very low success rate in trying to time the price, some time most projects just pump their token for only a initial time and then dump back to normal, Its quite difficult to time the price right so I doubt you have even been successful doing it or have even tried it yourself.
403  Alternate cryptocurrencies / Altcoin Discussion / Re: How to check if an altcoin is a scam on: February 27, 2024, 04:28:17 PM
You just listed a lot of normal stuffs, how do we know those social media red flags, if you really know what you are saying then I guess you would have given more details.

The only real thign on your list is to check if they have been listed out on any big exchange, big exchanges mostly filter this scam projects out but even thonsome of them with bad managers that are scammers still find their way in, not all tokens listed on binanve are good projects and worth to invest your money on.

I would have said for you to read whitepaper and check out for their team members, but scammers are getting innovative about this they now hire professionals to write their whitepapers and its very hard to find our faults in it, but checking out for team members is still very valid.
404  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the reason behind surge in price of verge ? on: February 27, 2024, 01:32:20 PM
That's probably just a pump to attract customers to themselves as gho the bull run is actually affecting them, I don't  like shitcoin and I think they paly games too much, but it's business and they could do what they like. But If its really the bull we would find out in a while if the price comes down.

Or maybe they caught the eye of a major investor that dumped quite a bit to raise the price for a few money and then would crash it again in a while.
405  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were Satoshi Nakamoto, what would you do? on: February 27, 2024, 01:27:33 PM
Nice question bro, haven't thought of any of thos before, if I were satoshi I definitely would think staying out of spotlight would be a very good thing for me, cause I don't want the extra attention from the government and all that and who knows what hidden charges thay might have against him already just waiting for him to pop up.

It's do temping to sell those 1 million bitcoin but who knows I might sell a little to flex a bit, but you know we can't be satoshi and what is damp holding him from becoming the richest man in the world or maybe he kept them for his children, or he is waiting for bitcoin to reach 500k or maybe a million dollar and them becomes the next richest man in the world.

I'll definitely not want to be actively involved to market bitcoin cause I'll probably be in retirement by now and would be chilling with some nice Indian or Asian Mexican girl on a yacht right now 😁, but I won't because it might raise some suspicion.

I guess since I'm not planning to revel my identity I won't go to el salvador.

I would definitely tell my children, but if I am anonymous then I have to be to my family too, they could spill the bean, so I'll find a way to tell them maybe by will or after my death, but that's Lane my lawyer could just be a rebel and claim my 1m bitcoin for himself.

Satoshi Nakamoto is a famous figure in the crypto market, and perhaps worldwide at the moment, because he created Bitcoin - the first crypto and opened the blockchain & crypto era. There have been many searches for Satoshi's true identity but no one has been successful. There is someone claiming to be Satoshi Nakamoto but cannot prove it when he cannot move BTC from Satoshi Nakamoto's address[1].

For many people, Satoshi's anonymity is one of the most important assets of the Bitcoin blockchain because it keeps Bitcoin from being an asset managed by any individual[2]. However, today I think of a case when Satoshi Nakamoto reappeared and made the crypto community vibrant again in many ways: discuss on crypto forums, move a few satoshis from his address, send a message to the crypto community via Inscription...

If I were Satoshi Nakamoto, I would probably send the entire 1M BTC to charities around the world. I would not dare to appear and have my identity revealed for fear of endangering my life. Bitcoin has succeeded beyond all initial expectations  Grin

I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
  • Would you dare to appear in public?
  • Would you move 1M BTC and sell for USD?
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
  • Would you agree to accept the invitation to El Salvador?
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
  • Would you reveal this secret to your children before you die?

References:
[1] Who Is Satoshi Nakamoto?
[2] Why has Satoshi Nakamoto remained anonymous?
I would not reveal my existence. I would invest all my money in the development of space science and genetics.

You are such a damn wiredo, your the only Elon Musk around here, won't you go fuck a girl or something 😏,  have some fun bro, Mr Elon 😝
406  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 27, 2024, 01:00:45 PM
yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.

They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one.

Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet.
Buying under $30k was actually a great time but doesn't make those that bought from 30k above any different, it's not about when you bought but how persistent you are with your hodling till date. Anyone can buy above 30k or even at this current price which I still consider to be a dip, and set for yourself a healthy DCA plan and still make significant profit at the next ATH. If we get an ATH before the half this time around then let be expecting something spectacular in this bull run we're about to experience.
Buying even below this current price would have been a perfect opportunity to hold Bitcoin mean while a lot of topics and discussions has been addressed on the forum yet some people are still either procrastinating or keeping dead ears to begin the process. Seeing Bitcoin at this current price should not be a discouragement of missing out from the entry price, it's clearly another opportunity to hold Bitcoin, fascinating fact about using the DCA approach is it doesn't really bother at the purchasing price but rather how long intended to keep holding.

Anywhere below the last ATH is a fucking dip, so it doesn't matter when you bought what matters is if your holding.

Your right about DCA , if anyone has been using DCA since last year till now, he would have been buying on a monthly average that is very low compared to the last ATH and we are expecting the price to reach 60k or even exceed the last ATH this week. But I don't care, I have currently increased my DCA allocation for the main time till bitcoin exceed the ATH then I'll bring it back to normal, I don't want to miss out on this last set of dips we are seeing right now, if you are looking at the chart on a time from of 5 years then you would understand that all this while we have been on a very long period of dips, so even those trying to time the dip has been fooling themselves cause we have been on a dip ever since the last ATH 😀.
407  Other / Politics & Society / Re: school education system is designed to kill good guy but allow bad guy to live on: February 27, 2024, 12:31:49 PM
I wonder when the economy became a place to post funny meme topics, your have a very wrong concept in general, who told you that good guys aren't allowed to fuck like who placed that restriction on them, what is your grading system to call someone bad and the other good ? Having sex !!, that's absurd, what about the goods guys that fucked liked Albert, and even made some quote about women and love, I don't even see any of those guys as good or bad cause most of their theories and inventions are been used to do some bad stuff, moreover this topic is trash and how you explained it even more worse than trash 🗑
408  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 26, 2024, 10:42:55 PM
Every thread is still not the same, even if there might be forum goals that members improve themselves, the goals of improving yourself may well be to stay the fuck on topic.. that helps you and it helps other members.

This thread does have a little bit of a problem because surely it emphasizes buying and holding, but also buying on the dip, so as soon as we try to time the dip, then there can be questions about whether that is like trading, so maybe part of the reason that DCA comes so much into this thread, even though it is not the topic of the thread, is because DCA is compared with buying on the dip as one of the accumulation methods, including suggesting that DCA is better than buying on the dip, even though not everyone is going to agree, it is way more on topic to talk about various BTC accumulation methods than to get into discussions of trading.. and then what would you expect this thread to be?  all topics? 

Probably the ONLY thread on the forum that permits more free-wheeling of topics is the Wall Observer thread... in that thread you can talk about most things.. except if you get into shitcoin pumping, then you are likely going to get a lot of pushback

Trading would always be off topic in this thread cause its the exact opposite of what this thread is all about, Holding, trying to time the dip is just the same as trying to trade, such rules don't apply on here, cause it has been proven with facts so many time on this thread that you can't time the price cause bitcoin is unpredictable and volatile all we do is speculate what we think might happen.

I actually agree with you cause I myself have and still DCA, every one have different reasons for using DCA but I do use it cause I don't have to worry about the best time to buy since I'm always buying, and @Hewlet no one said buying on dip is bad but actually trying to time the market makes it sound like your trading cause your more focus now on the profit you would make on your Portfolio in a short term than thinking about accumulating for the long term hold
409  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi worked for the NSA? on: February 26, 2024, 10:16:26 PM
Satoshi might not have been in NSA, but I'm sure satoshi was one that had many connections and must have known this, satoshi had meetings with many persons before the creation of bitcoin like Adam strange, so he must have also had some idea about those backdoor and weak algorithms, what I think is that the person of satoshi might not have been that of just a technical person but also someone influential in a way and if satoshi really had some insider knowledge about nasa's algorithm then he must have been a person of some kind of status.

Why I really think this might be true, satoshi really knew how to keep himself anonymous and could arrange some meetings and this persons did not ever reveal his person at anytime, there should be a certain level of control or power in his hands, so satoshi must have not been the average person but a person of status in a way, if I'm right then he surely must have had some insider knowledge, or he was way ahead of NSA in knowledge as to beat them without even having any information but why I'll doubt is that, for the amount of accuracy put in building the blockchain either a lot of thinkers and specialist involved or this guy must have been a person of some status, high status I mean.
410  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 26, 2024, 08:42:25 PM
Personally, I dont really think that we are going to see an all-time high this year, my bullrun prediction is next year to 2026, that is probably when we are going to see more than 100k$ in my opinion but for sure there are some chances that we might already break or right the all-time high next year, There was going to be a huge drop again in my opinion as we are getting near the Bitcoin Halving event I mean we could already see how the movement of the market is slowing down the upside trend cannot keep up anymore in my opinion, for sure there are still a lot of people that is going to be encouraged to invest or put their money on Bitcoin because the market price just continues to skyrocket but you might wanna think again about that.

Still, the market is just unpredictable, personally, I dont really expect for Bitcoin market price to skyrocket up to 50k$ but I guess the hype was just high already considering there are a lot of great Bitcoin news including the ETFs. For sure that could easily boost the movement in the market, still, I'm waiting for a huge correction or drop, in my opinion, it is still going to happen soon because the market is just on an uptrend in the past month we dont really see any correction yet, so probably a lot of investors and traders are already expecting this as a huge bubble.

To be honest we can't really do much than only speculate, everyone might give predictions based on how they feel and the facts available to them but we all know that bitcoin is very unpredictable and volatile, yeah it's true that with more time as things balances out I would be less volatile and more stable but in a way the best part of bitcoin might be erased, but that's by the way, your correct that the price might do a little correction but I don't think we should be expecting that untill maybe a 60k but its an assumption, bitcoin did correct sometime when it reached 45k and dropped back down to 35k, and that was caused by Grayscale massive selling, but surely we would have another price correction before or after 60k, here what I I thinking, if the price corrects now at 51k which I'm least expecting, the bull run would continue to maybe 20% that is up to 70k and if it doesn't correct and hits 60-65k then we would have a correction back to 50k and then upwards again. Nothing much just my speculation.
411  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 26, 2024, 07:00:23 PM
At this point I would be a little shocked if we don't see a new all time high by the 4th of July.  By this time next year we should be over $100K and still in accumulation mode on the way up.

Everyone would be shocked if bitcoin doesn't reach a new ATH soon, I was expecting bitcoin to reach 60k by this weekend, the price is still consolidating around 51k, no big move since then, but what can we actually do for now than to wait.

Sure BTC would surpass 100k by this year end, we have enough DEMAND to actually propelled more price increase, more investors are still jumping into bitcoin with the recent ETF approval and many persons that didn't partake in the last bull run wouldn't like to miss out on this one, so I think your right when you said bitcoin would reach above 100k this year.
412  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 26, 2024, 06:15:07 PM
do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH.


What exactly are you saying contradicting yourself,

However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

IMO i think bitcoin would actually surpass its last ATH and hit about 100k which is a very good hit for this year and we know that the bull market is fuel by scarcity and new investors, which I'm sure one part is fully taken care of, even if not to the extent that it should, but with the ETF approval more investors are now more confident about investing in bitcoin and more big players are entering the stage with huge capital, front loading their investment with some millions. I think its quite clear now to everyone that bitcoin is a more reliable means to store value than fait, but most investors coming in might not be looking out to bitcoin for the empowerment it brings like full control over your asset and value without government regulation, decentralized p2p and all that, they all see bitcoin as a new means to invest and are just here for the  profits.

But if your holding you don't want to lose your bitcoin to new investors or big players, the value of bitcoin is clear to the world, you would need to tighten your hands more than ever.
413  Economy / Economics / Re: The increase of dollar affecting underdeveloped countries economy on: February 25, 2024, 07:23:12 AM
Your getting it wrong bro it's not dollar increasing in value, its the other currency falling against it, its like a trade of value, so most of them do a lot of import from foreign countries and don't even have anything to export to balance it, so the trade is always against their economy cause they have to buy dollar all the time. I know some underdeveloped countries with a at least good currency value, currency crash is the fault of bad economy management by the government and most times corrupt leaders.


This can be both good or bad depending on the situation you are in. I live in a nation that has a fiat currency that is weaker against the dollar, and that is something that benefits me but doesn't benefit other citizens in my nation. Something simple, like a playstation 5, could be as cheap as 300-400 dollars, and that may feel like a very little amount, these days kids make that much weekly from their part-time jobs in the USA.

However, in nations where 400 dollars is the minimum wage, how can someone spend and entire months salary on it? But for people like me, who works and makes 800-900 dollars (and even 100+ dollars from signatures here) we do end up making a good amount of money compared to other people in our nation.

Its not even really to your advantage if you think of it, cause most products are imported and are bought in dollar, if the currency continues to crash price if things in the country would get higher to compensate for the increase in dollar, so even if your earning in dollar its just quite the same thign, just the amount your getting in your local currency is quite larger than it used to be but its same in value in correspondence with the dollar.
414  Alternate cryptocurrencies / Altcoin Discussion / Re: Between new tokens and old tokens, which would you invest into? on: February 25, 2024, 07:16:21 AM
When it comes to investing in alts majority are for the huge profits, I majorly like to do my own research on matters like this, we know investment carries its risk but its not really the best option just make decisions based on old tokens or new tokens, but any way I'll rather invest in old token that I know have done well before than go for new tokens that i have very little experience or knowledge about.
415  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 24, 2024, 07:46:39 PM
And this is the function of running a DCA strategy because the price of Bitcoin is not easy to predict in the near future, but in the long term the price of Bitcoin will rise even if there is a decline.
We may be able to speculate the price of it but if it's about predicting it properly and accurately, one thing we can say is that it's always been unpredictable.
From what I've seen over the past few years, the people who guessed correctly were pretty much right. Although it is not possible to accurately predict the price of Bitcoin, some estimates are fairly reliable. Bitcoin investors gain confidence in investing around speculation.
Speculation is not what should give newbies confident to invest, rather they should first have the believe in bitcoin, so that they can invest in a long term with confidence. Speculations might be right or wrong, and what people say about bitcoin price should not be taken serious. Speculations on bitcoin price has mislead some people in the sense that, they start waiting for the dip to buy at a bottom price of their own target, and most times it ends up up playing out and the will miss out, still sitting on the fence believing that the price will certain come true due to what they hear.

Speculations can also give false hope to newbies, that will make them think that bitcoin is a get rich quick scheme, and they will use the money for an important aspect of their lives to buy bitcoin believing in what people told them or what they hear on T.V, and if bitcoin price did not play out that way as speculated, they will get disappointed, and sell of in loss. I am not saying that to speculate is bad, but we shouldn't put that in mind when investing, rather we should see bitcoin as a sound investment that will safe our money from inflation in the long run and also give us good profit in return as a benefit of hodli for long.

If you are under 50. Buying btc monthly for 10 years and hodl it for 5 more.

Then at 65 it should help a lot for your retirement.

You cn have a 5x monthly dip buy.  Ie if you save 400 a month dca. and BTC does a 20% dip buy 2000 in btc.

you likely will save 120 x 400 usd with the dca and catch a few dip buys.

so maybe

120 x 400 =  48,000 usd in dca
 10 x 2000 = 20,000 usd in dip buys
grand total of 68,000 usd invested in a 10 year period then hodl 5 years this is a 15 year plan for people under 50

this is not advice.

Very quality advice from you, yes we need to hold our bitcoin for up to 15 years expecially if we are younger and the plan is to keep on buying bitcoin with DCA irrespective of our low capital at first untill we are able to have at least a good stash of bitcoin, we plan to use of first 4-5 years to keep on accumulating Bitcoin, at this time period we care less of profit, we are all about building our emergency funds and reserves and buying more bitcoin.

The goal is to have enough bitcoin and hold for long to add more compounding value effect on our holdings.

The DCA strategy is not mainly for the poor or people with insufficient funds; the DCA strategy is for both the poor and rich guys. Anyone who uses the DCA strategy to accumulate bitcoin wants to be free from waiting for the bitcoin price to reduce to a certain extent before he or she can buy bitcoin. With the DCA strategy, you can accumulate bitcoin anytime you want to buy it without worrying about whether it is the right time to buy it or not.
Yes, investing in DCA method is not only for poor people. It is better for everyone to invest in DCA method. If you invest without following DCA method you may regret at some point. How to Regret For example: Bitcoin price is currently at $51k now if you invest your funds together unfortunately you may regret if Bitcoin price drops from $51k to $40-45k. On the other hand, if you invest in the DCA method, you can buy bitcoins at lower or higher average prices. So for all individuals rich or poor it is best to invest in DCA method.
And who said the DCA strategy was for the poor? The purpose of the DCA strategy is to control risk. Whether rich or poor, new or old investors, it is good to control risk. This is because when it comes to bitcoin investment, you will experience good and bad days equally, especially when you are into the investment for the long term. If you think you don't have to worry about risk when your rich, then that is not smart at all. As an investor who has a lot of bitcoin in your wallet, you need to secure it very well and control any risk in the investment. Once in a while, you limp sum, which will add more to your accumulation and continue to DCA.

DCA is a very good method for a high volatile asset like bitcoin, and not only that DCA also is a good method for new investors that have little experience with bitcoin, all you have to do is just split you capital into equal parts and invest on intervals, its very stress free and it doesn't involve and technical or analytical skill to acquire bitcoin.

It has nothing to do with beign rich or poor, using DCA does not mean that you don't have huge capital to buy at once, many chose it cause its the best  approach to volatile assets, not every have the leverage of having huge capital so they have to use the DCA by allocating some percentage of their disposable cash either from expense or just extra cash to buy bitcoin.
416  Economy / Speculation / Re: What happens if bitcoin price hits 6 figures and up? on: February 24, 2024, 02:53:12 PM
If bitcoin hits six figure what happens Is simple those who invested would be fucking rich and could afford their dream life, inflation and cost of living would definitely get higher and all those who are not in would be surely regretting their lifes to a sore, expecially all the haters and those who spent time , watching bitcoin doing nothing, so I think if can imagine this you should better go get buying more bitcoin.
417  Economy / Economics / Re: What class of an investor are you? on: February 24, 2024, 02:47:52 PM
I guess I fall into the research investor, I love taking my time to read about what I want to invest in, I'm not really into trading I find it too risky for me expecially now I'm allocation much into bitcoin using DCA, maybe when I've reached quite the portfolio I might think of other thighs like diversifying but not Into alts, I think bitcoin is enough for me, I'll use my profits to invest in real estate or maybe if its huge enough I buy shares from a big company or just invest more in bitcoin 😅.
418  Alternate cryptocurrencies / Altcoin Discussion / Re: Which psychological stage of the crypto market are we in? on: February 24, 2024, 02:38:35 PM
I think people are more hopeful for a new bitcoin price, and a lot of new investors are investing more boldly this period because of the ETf approval that helps more persons that doesn't want to go into the stress of learning about how bitcoin works to invest, and I believe that many watchers have finally made the decision to buy bitcoin, but let's see how it goes anyway.

And I think the emotions are the same this year cause I've seen some persons who are hopeful about the bull run affecting the price of some meme coins and some new project, although I Don't really like buying altcoins, many are very enthusiastic about this bull run and are looking for a coin to buy that would give thme those 100x profits.
419  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum price approaches $3k on: February 24, 2024, 02:27:00 PM
2014 would be a very good year for many crypto currencies, lots of new investors have gained interest in several coins which bitcoin leading the way we should be expecting Ethereum to ride along as usual, we are anticipating a new ETF spot for Ethereum and surely the price could reach a new ATH of 5000$, who knows what to expect from this bull run. Many of those who can't afford bitcoin would settle for Ethereum,.but I'm sure the bull market would touch many crpto currency even new once.
420  Alternate cryptocurrencies / Altcoin Discussion / Re: Where did u put your Money ? on: February 24, 2024, 01:35:15 PM
I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %


For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

If your feeling over allocated to bitcoin, I don't think trying to invest in shit coins would help you cause in a way your still investing in crypto currency, why not try some other asset like real estate, I don't really know how much you have or your income stream, but diversifying in the same area is not the best, I don't know your reason for diversifying but I think some other asset would be far better than shit coins are very unpredictable and most of them would later turn to a pump and dump and its not very easy to time the market.
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