Well said, they say Wisdom is the principal thing; therefore get wisdom: and with all thy getting get understanding. Before making any investment one should be 90 percent acquainted on what he is to invest into. Many will say there are even risk in Bitcoin so in a case where all the risk involved are neglected, the person might attain losses due to ignorance but that can never be an excuse because he/she failed to learn before involving in the investment.
Those who experience losses through Bitcoin investment are not failures in learning, but some of them are very lazy to learn but they really like fast profits. In fact, every job must have a clearer and more complete knowledge base so that you don't get lost in the middle of the road like people who experience losses through Bitcoin. I think people like that just don't want to understand the risks involved in investing and focus more on profits so they don't use patience when investing in Bitcoin. |
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This could be good time to invest for new investors. But the problem with most new investors ia that they invest when the market is at its peak. They are attracted by all the hype and news coming in TV when Bitcoin reaches all time high. And when the market corrects, they leave in loss and also tell bad things about crypto to their family as well.
New investors like that still don't understand how to take advantage of the moment, so they often enter at the wrong moment and also make the mistake of releasing Bitcoin when the price is low. They should see their own mistakes as an experience, instead of telling bad things about crypto to their family and also those around them and for me this kind of thing is quite strange because some new investors really don't realize the mistakes they have made in the way they invest. |
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we have all our own way to understand and invest in this market , others don't believe in intuition while some did like me .
and also the problem here is that those who are looking at the chart and graph believes that they already believe about the coming growth but ending?they also lost in their investments.
I will leave to you about decisioning because that is your money and your concern.
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything. |
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I just wish October would not come to an end, it should continue doing it's magic on Bitcoin price, got up this morning and seeing the market price at $30k and I said to myself is been long. October is a promising month and I wish November would follow October's foot step, but investors shouldn't be in a hesitate in making any drastic decision because I have that feeling that in as much as the price has gone back to $29k, it will still move up to $30k and even surpass it. Let's watch how this remaining days of this month pounds out.
Now the price is still very close to $30K so I also hope that this can continue this month so that next month Bitcoin can exceed $30K again when there is an increase like this month. Because price increases that occur slowly are usually much better with increases that occur in one fell swoop and for now investors certainly have no hesitation in continuing to increase their investment in Bitcoin before Bitcoin exceeds $30K this year. Yes, today the bitcoin price started to rise again after a small correction. But there is no need to react strongly to such movements. Now it is the weekend and the major stock markets have no trading. So on Monday the price can change in any direction. I hope that next week will be green on the cryatocurrency market.
This week the cryptocurrency market looks more green because of the price increase and I hope it doesn't end soon because on the one hand I am also hoping for a price increase that could exceed $30K this month on Bitcoin so a small correction like what happened today is something that I won't pay attention to it because I'm more focused on improving. |
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Economic challenges in the future will be increasingly difficult, it is not strange if inflation or economic recession occurs because currently more and more countries are very dependent on commodities from other countries so that when problems occur it will create a chain of problems, what we can do of course is invest , not wasteful and continue to look for sources of income.
What I want to know is which country are you referring to? Because everyone needs to see evidence of several countries that are dependent on other countries for the commodities you mean and also several countries that are able to provide these commodities to other countries. So you need to say which countries are related to each other so that everyone can continue to prepare themselves to be able to face inflation or economic recession which may still occur for all countries. And the matter of continuing to invest, not being wasteful and continuing to look for sources of income, I think that is something that everyone should continue to do under any circumstances. |
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People can never get tired of trading bitcoin for so many reasons which at least i expect an average bitcoiner to understand some without anyone telling, bitcoin volatile cryptocurrency, this does not need more explanation on that, bitcoin increases in value and have a limited supply, bitcoin is for everyone and no body is exempted to have the least amount of bitcoin base on their capacity, there will always be a ready and available market for bitcoin as long as there's buying and selling.
It is very clear and also quite direct to what you are saying because as long as there is buying and selling in the market for Bitcoin, most traders will never get bored with it. And on the one hand, every trader also has quite reasonable goals so it is very natural that traders will never get bored of continuing to trade on Bitcoin when they already know more about Bitcoin and also often make profits from Bitcoin. So Bitcoin trading will continue to exist as long as there are many markets open and still facilitating cryptocurrency as well as Bitcoin traders. |
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Even after learning trading, most traders fail. This does not mean that they will sing new songs. Here newcomers may panic and lose their wealth in excitement. But old traders also take advantage of bad market times. They learn about bitcoin every day. After repeatedly failing, he started anew. They don't need to sing new songs.
Failing at the beginning or when you are just learning is a very common thing and is also quite a good thing because everyone can learn this as a very valuable lesson for them. On the other hand, every successful person is someone who never stops learning and trying even though they have failed at the beginning of their learning, because these failures have become the key for anyone to get to a more successful place. So never stop when you fail, even if it's not once, because when someone immediately stops when they fail, it will always be difficult for them to start again. |
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Ok, why I said this relates to DCA is because Dual Investment allows investors to buy crypto assets at a lower price or sell at a higher price. No matter how the price moves, you can always earn interest at the settlement time. Actually, this is one of the Bitget products I use most times when markets fluctuate to earn from it
For DCA, I often used it last year and also this year when I wanted to buy cryptocurrency assets, but if you say there is a product from Bitget with a dual investment concept and it can be almost similar to DCA, I will also try it in the next few days when I have the opportunity to do just that. Because I still use old exchanges like Binance when I want to buy DCA without thinking about any products or other supporting features for such things because I consider my goal to be very simple. |
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Both are good but if you ask me about crypto or Real Estate what will you choose then I will choose Crypto because crypto has too many advantages. Some advantage of crypto is that crypto gives you money more than your investment if you know how to make money from cryptocurrency, otherwise crypto is not for you.
Basically these two things can be very suitable for everyone, but for Crypto, I think it will only be more suitable for those who already know it more fully and are also more experienced with it. Because for those who don't have knowledge about Crypto, it will also be very difficult to choose because they won't know which way to go about it so they don't go the wrong way. As for real estate, everyone just has to have more capital after getting to know it from other people and seeing firsthand what other people already own as a reference. |
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I think this is a more conservative way to put it to avoid drawing wrong conclusions. The recent rise in price is not enough confirmation for a bullish market because knowing how Bitcoin moves, it is possible that the bullish move of a week can be eaten up in a day if the bears take charge of the market. Therefore, just like you pointed out, it is better to wait until the 200 moving average is broken before we conclude.
Everyone really needs to wait a little longer to see where the price of Bitcoin will go after the increase that has occurred in recent days, because as you said, it is also not wrong that an increase in a week can also be lost in one day if a bigger decrease can still occur in Bitcoin in the market. So everyone needs to wait some time to see how the market conditions are in order to make more precise conclusions about the increase that has occurred in the last few days in Bitcoin this month. |
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This is absolutely true and I am the one who has experienced it. Many people claim that even if they had a higher income they would still live as frugally as if they were not earning as much money. But no one will be able to do that because that is our goal, we try to work and earn more money to have a better life. So it's impossible that when we're rich, we can still be as frugal as when we're in trouble. The greater your income, the more you will spend and that is also called spending in accordance with your income.
Most of the people I see around me are like that too, they will continue to adjust their lifestyle to the level of income they get each month, so it is already a fact that everyone will use money according to the level of income they get. Meanwhile, when it comes to saving money, each person will also set it themselves according to their own tastes through the amount they want to save because it is also impossible after trying not to use a little bit for things that we have long dreamed of or wanted for a better change in life. |
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China and India, which are currently the first and second largest countries, have grown to become world economic powers. In my opinion, population is an economic power because business opportunities certainly require a long process from production to consumption, countries that have large populations are certainly a very useful resource and important for the economy.
With the large population of these two countries, the economic chain will continue to run because everyone definitely needs the food they buy every day, so that food and clothing makers will continue to run more stably. Because each of them also has to work in order to earn money for their own needs, so the large number of people living in these two countries will certainly make the country's economic turnover continue to increase quite well. And it will also be easier for anyone to take advantage of jobs that can make more money. |
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Yes, I used to follow YouTube the most when I was a fresher. Loved their videos and slowly got addicted to crypto. But since I had very little knowledge about Bitcoin and was very eager to learn, I am fairly well versed in trading today. So now when I want to do spot trading, first of all I analyze myself than trade. I want to tell you something about this. If you are less experienced then you can follow youtube but if you want to be really experienced there is no substitute for observation.
Watching YouTube will not add to the experience if someone just watches it without wanting to try it after watching everything on YouTube. Experience can only be gained by each person through the experiments they carry out because watching and reading is only to tell everyone about the information conveyed by someone, either through writing or through video. So if you want to be more experienced, everyone needs to practice what they have watched in order to see more accurate results in what they do. |
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I do both as well. It really comes down to personal preference and comfort level with risk. Investing for the long term can be more stable, but trading can be exciting for those who enjoy the challenge. It's all about finding your own rhythm in the market. But if you are just starting between the two, starting with investing is often the safer choice and you can study how to trade along the way while wiaitng for the return if your investment. Once you gain confidence and experience, you can venture into trading and start monitoring the market.
I am also doing things like you said, because in terms of comfort level to do one of them, it must be in investing and I have felt that for some time because I continue to invest with my personal abilities so that when I have free time I also started learning about trading so I could do this more challenging job with the knowledge I already had. Because these two things both have the same goal, namely profit, everyone really needs to learn the basics so that they don't go in the wrong direction and also don't panic easily when there are sudden changes in conditions in the market. |
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The problem of newbies is that they don't asked, as soon as they get small information and are able to buy their first coin, they think they have arrived and knows everything meanwhile they lack the security measures and what it takes to keep safe their coins, mostly think having coin on exchanges with 2FA and phone number is enough to control scam not knowing that the exchange can run off one day.
Some of them complain that self custody of coins is even harder than managing coins on my exchanges, they don't know that the harder you keep coins from exchanges, the less worry you have when they cease to exist one day.
Those newbies just don't understand how to look after their coins properly so they still think like that until now, but for the small number of newbies who have experienced losing their coins through the exchange will definitely use a wiser method in looking after their own coins where they just will store them in a personal wallet by no longer relying on the exchange as a place to store their coins. They must cultivate the idea that the exchange is only a place to buy and sell coins, not a place to store any assets because the risk of losing is much greater than in their personal wallet. |
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Do not make any decisions or actions with emotions. When you act on emotions, it will in most cases affect your work.Most of the people who work on emotions have very little success in their work.According to me one should not do anything on emotional basis if one gets emotional in particular case then one should control oneself and then take a decision.
We can see many examples from other people that making decisions when someone is emotional will certainly result in decisions that are unwise and also very detrimental to themselves. So what you say is also quite correct that there is no reason for anyone to make a decision when he or she is experiencing uncontrolled emotions, because mature people are certainly able to think wisely when they want to make a decision and this will be done when He felt calm from emotional disturbances. |
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If a lending business, bank, or loan app asks for documents, I think that's normal because they are under the regulation of the government. That's why the ones I mentioned have such high interest rates that they can apply to what you borrow from them.
Any lending company is actually quite smart about it because they all think about it before the loans they give to everyone. So the correct documents will definitely be requested by the lender and if someone who takes out a loan objects to this, it is better not to apply for a loan because the conditions are already like that. Because of the money issue, they are quite strict in terms of the requirements they look for in the borrower, and when you give them that, they might even have a civil investigation to confirm if the information you gave them is true. They are that strict and restricted.
Money problems are quite serious problems and also very sacred because human nature can change for the worse when someone cannot repay the loan on time. So lenders certainly really need real borrower data so that they can control it more perfectly so that they are not easily deceived by borrowers. |
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Who are they who still consider btc as a failed project? BTC will certainly double in value from its current value when the market booms. Those who think BTC is a failed project will surely regret it. There are many investors who don't care about BTC price but they care about saving BTC. And they invest in Bitcoin for long term. Although the market is always unpredictable, there is no reason for anyone to despair of investing in Bitcoin. Of course Bitcoin will do well in the future.
Maybe only people who don't like Bitcoin completely say that Bitcoin is a failed project because apart from not understanding how a project is successful, they also may not understand what technology is contained in Bitcoin itself so it is easy to say that Bitcoin is a failed project so people like They don't want to own it because basically people like that don't like Bitcoin either. So it's actually quite simple to know this because investors who have made several profits through Bitcoin will still remember Bitcoin and will not easily forget about it. |
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something can still happen that will make the price to move close to $69k because, the price has hit back to $28k, and the green light is still standing to allow holders to believe that there will be bull market that will make holders to earn well from their investment. Few months to the end of the year, and some holders are waiting for $50k or $60k to show up next month before they can sell to solve their financial problem, which is possible if the green light can maintain this level.
I will not deny the big increase in Bitcoin because that has happened in the past two years, but this year it doesn't seem like it will be that easy because every increase needs to have a push or effect that can make the price increase even more and that hasn't happened this year so Bitcoin prices still tend to be below $30K until now. And actually I'm also quite sure that next month there will be an increase in prices which might be better than this month, but I don't think that the price of Bitcoin will immediately go to $50k or $60k. Don't forget that BTC is unpredictable, some time people guess in a particular price and it come to pass but it doesn't guarantee they will always get it right in the next run, but there are some signs in the market this week, that prove that the bull run will soon start any moment from next week.
It would be quite good if your guess is correct because I am also expecting an increase this month and next week as you mean. But in general I still don't think that next week Bitcoin will immediately get a better increase, because in the last few days the volatility of the price increase has not been stable enough so it still makes me not immediately expect more this month, but if that can be true -if it happens I would also be quite happy to welcome it. |
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Yeah. It doesn't make a single sense knowing about Bitcoin and not actually holding it. It will only amount to having a head knowledge and not having hand on experience.
Knowledge is power, but knowledge not put to practice is a useless.
Any knowledge that is not used or used in life will remain useless and that person is no different from someone who doesn't know about Bitcoin. What you say is actually quite correct for those who already know about Bitcoin but are still afraid to buy Bitcoin or keep Bitcoin as their own investment. Knowledge, or having a lot of knowledge but not making a profit or not being able to feed us or help us have a better life is also useless. So, knowing about bitcoin will not make us better than anyone else if we do not invest in it and do not get positive results from it.
It will be a big loss for those who already know about Bitcoin but don't want to have Bitcoin as an investment for their own future, because opportunities that are not used properly after having more knowledge will be a waste for anyone. So knowledge will be useful when someone wants to use it for themselves and it will be much better if someone wants to tell other people about Bitcoin even though other people don't necessarily want to accept that knowledge. People won't care how highly educated you are, how talented you are, how hard you try. What people will look to you to judge is the results you achieve. But to get good results, knowledge needs to be used and applied, otherwise a pile of empty knowledge will become useless.
That is quite true, because knowledge that is not used will also become very dull over time and will never be useful at all, so the application of knowledge really needs to be done to prove to many people that knowledge about Bitcoin is indeed good for many people to learn. Because the main thing that other people will judge about knowledge is its benefits and also the results that can be obtained from that knowledge so that other people will not think that knowledge about Bitcoin is just useless. |
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