Trading isn't a place where you can make easy profit at all. People should understand that Trading always contains risk and Specially you need to have deep knowledge about technical analysis. A single wrong decision can cause big loss. So analysis is very important and need to spend a lots of time for that. Besides trading also a game of patience where you need to hold yourself tightly when you see market moving to opposite direction from your entry and newbie always sold out in such situations
It is indeed not an easy thing to be able to make a profit in trading, every person who decides to trade must understand well the risks they will face in trading and also have good knowledge about the trades they make, because if they don't know the right moment Of course, when entering a trade, it will be difficult for them to make a profit and everyone has a different strategy in analyzing market conditions. Patience is of course very important as is knowledge, if we cannot manage our emotions when trading then it is likely that we will make mistakes when trading which will result in losses in the trade. Trading is an easy way to earn money for many but in reality it is not easy. Because it is important to remember that trading is a one kind of game. Here everyone enters the field with sufficient knowledge. If someone want to earn money from the wise, a trader must be of such quality that they can earn profit. However, it is not possible for a new trader to acquire all the trading related knowledge at the beginning. He must spend a long time conducting trading activities. Those who patiently start trading after learning the trading related issues will do relatively well in trading but the amount of knowledge and skills required for trading may not be possible for everyone to acquire. |
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So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
Both day trading and long term trading have certain advantages and disadvantages. A day trader makes there profit opportunities through daily buying and selling but there is no such opportunity for a long term trader he has to wait for a long time. Day traders are relatively riskier. It becomes extremely difficult for a day trader to make a profit in a bearish market. However, a long-term trader can generally be somewhat free from such conditions. If the asset price declines in a bear market, he will gain in a bull market. Day trader has to pass time through human pressure. But a long-term holder can maximize long-term profits from completely free. In this case a long term trader gets relatively little relief. But if one can do day trading by fully using knowledge and experience then it is easy to make profit by day trading. |
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The news you shared was on September 8th 2023 but since then they have initiated this pilot program and it has been implemented in 2024. See, they revealed their plans for this pilot project last year. They said that after initially train a few teachers about Bitcoin, they will gradually start teaching about Bitcoin in their educational institutions. By 2024, we are seeing its implementation. The plan was already in place even though the implementation is ongoing and we get that evidence which are shared by your image. They will need the whole year 2024 to put Bitcoin in the curriculum and to teach Bitcoin fully in educational institutions. But anyway, El Salvador is a country whatever they want to say also try to implement that. They will keep a close eye on Bitcoin until their journey is successful. When one is fond of Bitcoin from the student stage and gets the idea about Bitcoin then the country will definitely be at the forefront of Bitcoin. El Salvador is the first country to legalize Bitcoin and could become a big holder of Bitcoin in the future. |
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Recently we saw a dip in Bitcoin where the price of Bitcoin dropped to $39,000 which may be the highest dip before the upcoming bull market. For those looking for a desired dip in Bitcoin from the current position, I think this is the last dip. This may be the last chance for investment from the dip. Many of us may think that Bitcoin will go back to previous levels and buy from the dip. Let them know that 2017-2020 dip is extremely difficult to find and may never be possible again. Many investors who didn't get the chance to buy on the dips have regret for the day. Today's current prices may give similar things for some in the next few years.
Those looking for dip, change your mind. Dips are not always possible. In the case of Bitcoin, the price that seems high today may be the same price will be dip for tomorrow. If we break out of this dip and do DCA then we will have the opportunity to buy from the dip and increase the Bitcoin portfolio.
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El Salvador recently started a pilot education project in their country
Through this education project, students in El Salvador will learn how to set up, manage and operate Liquidity on Lightning Nodes as well as coding. I think it's amazing to see students learn coding skills and get hands-on experience in setting up, operating, and managing the fluidity of a Lightning node. With these, Bitcoin will probably become more popular in El Salvador and students will get a lot of hands-on experience with Bitcoin.
Their program is expected to roll out to other schools in El Salvador within the next 12 months.
In order to develop a country in any particular subject, the common people of that country must be educated in that subject. El Salvador's move to become the first country in the world to offer bitcoin legal tender has earned praise form all over the world. Recently Bitcoin related topics are included in the textbooks for them to learn about Bitcoin at the school level in their country that is a great initiative for the country. Through this, a child can learn about Bitcoin from a young age. They will have ideas about different coding which will surely cause a revolution in bitcoin. Recently we know that El Salvador's announcement to include Bitcoin related subjects in their national curriculum is very positive for Bitcoin. A partnership with a non-profit organization has already been completed in this regard. Mi Primer Bitcoin (MPB) This non-profit organization will initially train 150 teachers through a pilot program before gradually rolling it out to all their education boards. MPB founder John Dennehy said so and we see the consistent reality of these issues. According to him, by 2024, Bitcoin will be integrated in all the schools of the country where the students will become a Bitcoin state by acquiring higher knowledge about various topics related to Bitcoin. |
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After the discovery of Bitcoin, especially since 2016, people's perception towards it has started to change. Since 2016, major changes have been observed among investors. Initially people were not aware about Bitcoin, gradually people are getting attracted towards it. The position that Bitcoin has built over the past 12 years cannot be expected on any other platform. Bitcoin has delivered more than what people have come to expect from Bitcoin and this continuous improvement will continue into the future. Many people can predict to an extent where Bitcoin's position will go in the next 12 years than in the past 12 years.
In 2010, the price of a Bitcoin was around 1 cent, Bitcoin rose to its highest price in 2021 which reached around $70,000. What I will say here is that if a person tries to hold his investment after getting proper knowledge about Bitcoin and can do it for long term then he can definitely get more than his expectations from Bitcoin.
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Looking at the La Liga table, I can say that Barcelona still stands a chance of making it to the top even if it looks almost impossible for them. It's just about 8 points difference between them and the top position.
Things that can affect Barcelona are inconsistency and constant injury crises.
Barcelona have about 9 players out injured. This is always going to be a problem for any team, especially a team like Barcelona that doesn't have the financial power to sign many players. If they're lucky enough to get their players that are not on long-term injuries back, they stand a chance.
Also, they have gotten 12 points from a possible 15 in their last 5 games in the league so this is a good sign.
They'll need to win the remaining 15 games of the season to be safely at the top too.
A margin of 8 points is certainly huge in the race for the top spot. Therefore, in the remaining matches, Barcelona must turn around, for which there is no option to win. We have seen them win 4 out of the last 5 matches but how much this performance will hold for the team will be determined by the upcoming matches. It is definitely a tough challenge for them to rise from this position. In the meantime, several Barcelona players have been left out of the team due to various reasons, including injuries and illnesses. Those who are there must stay fit as well as grab the win. The two teams ahead from Barcelona one is Real Madrid with 8 points and Girona with 6 points. Although there is still a chance to occupy the top spot, the task will certainly be extremely difficult. |
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Yes, it's true, he also looks happier, more comfortable and enthusiastic when he's here, we didn't see that when he was in the Manchester United uniform. I started to believe what Ronaldo said about the real situation at Manchester United, from the atmosphere in the dressing room to the situation surrounding Manachester United's management.
We can see him being successful once again with a different club, even though he hasn't won the SPL title for example, but we can't deny that his performance was also very good here and made a big contribution to Al Nassr's game.
But I'm still curious when he retires. Is he interested in coaching? Will he become a coach? If yes I want to see if he will be as successful as his career as a player? that's what's on my mind now.
but I don't want to see him coach any team. he is very good on the field, and he is also very good at encouraging his teammates. he can be the driving force of the team. and everything he has built amazingly, I hope it won't be destroyed when he coaches a club. We have seen several names of top European players who have decided to train clubs. there are successful ones like Xavi and Xabi. but some always fail and even get cursed by fans. If Ronaldo has to retire at Al Nassr, that wouldn't be a bad ending for him. Coaching plans are not unusual for successful athletes. It is very natural that when a player finishes his career successfully, he can be a coach of that sport as his next career. However, we know that no one can give any assurance that a good or famous player will perform well as a coach. Ronaldo is a reliable and capable player. If he ever thinks he will take over the coaching duties at that club, he will have massive support from the fans. But how a successful player ends his football journey depends on the player. Ronaldo is one of the prominent names in the football world. I also think that if he takes over the responsibility of the club after his retirement, it won't be a bad decision for him. But he himself knows which is very profitable for him. |
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 Social networking site Facebook's project called Libra was supposed to come up but due to some problems it was not implemented and finally it was stopped. However, the person who led the project later revealed that he would stick with Bitcoin and Lightning for the rest of his life. His attitude towards Bitcoin was not built overnight. He obviously gathered good knowledge about bitcoin potentiality and try to actively participate in bitcoin space. There are many who didn't try to know much about Bitcoin in the beginning but later they believe in it and rapidly the number of supporters of Bitcoin is increasing. |
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Fuck Grayscale and the horse it rode in on.
Get your own BTC, hold your own keys and fuck these leaching morons.
Yeah, that's the right thing to do, I never trust the ETF thing and would never ever want those but the newbies who don't understand that how Bitcoin works and how to make their own personal wallets. Ah, those people also get scared when they hear stories that how some centralized exchanges can get hacked. Those guys will trust GrayScale and other ETF providers. Who will tell them that by holding ETF they aren't holding Bitcoin themselves? I guess no one. While ETFs attract to institutional investors, they do not bode well for ordinary investors. If the regulatory body manipulates the market through various regulations, there will be nothing to do for the common investors. Various types of custodial and regulatory barriers can be created in the ETF market. When looking at the overall impact of ETFs, There are both advantages and disadvantages. I think Investors should not rely on Bitcoin ETFs but focus on the natural process of Bitcoin. Bitcoin holders are the true investors of Bitcoin. I fell the market has worsened due to ETFs. Although the price has increased slightly. But we would certainly have been able to see better regarding the upcoming Halving. ETF users are fiat lovers. It is not possible to estimate the value of Bitcoin by them. |
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Investing in the DCA approach must be long-term and have the capacity to take risks. A separate fund must be kept for long-term holding as the family needs to be met from external sources of income from that separate schedule. If there is no different funding then Bitcoin will be held off for a long period of time. This holding can be affected to meet the needs of the family. That is why a separate fund is definitely needed to save Bitcoin holdings.
An investor will reduce his risk when he follows DCA. Because he is not investing his entire money for investment. His risk will be reduced comparatively. The risk may high when an investor keep all of their savings into Bitcoin. The common suggestion here is that if an investor can keep any amount of money he has in Bitcoin for a long period of time then his risk is reduced but should not invest money that is intended to be withdrawn from the investment. Investors must focus on 2 things carefully for bitcoin investment purpose. 1. Planning for the long term 2. Following DCA Those who are in good financial condition will invest in Bitcoin according to their ability and who are not in good financial condition can start long term investment following DCA. The investor must come away from the thought of making a quick profit by investing in Bitcoin. At the end of working life, everyone's earning power declines. So those who invest in Bitcoin from their professional career can be financially sound in their old age. |
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Rank- Sr Member
Segwit BTC address- bc1qvg460swwj806hyluscg7gxkaw6ndts6cckhrw8
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Who are on the list of richest in the world are always powerful. They can even change anything of a country if they wish. They have the power of politics. They may be asked for advice on taking the country forward or on major policies of the country. So we can say they are the most powerful it can be directly or indirectly. Some may think that their attraction is not for getting the power but to increase their wealth. Whatever, It is now not confined to one place but is now engaged in a competitive behavior which will increase as long as the world exists.  SourceIt will not be very difficult to guess who can be the most ahead in this competition in the future world. I have been seeing a lot of rich people collecting bitcoin lately and there is a big competition to collect bitcoin among the recognized rich internationally. Now the day is not so far when the top several company owner all over the world will also be defeated by the BTC holder. Bitcoin is now a weapon with which only he can maintain his power in this space. I have seen several individuals who are the top bitcoin holders. They are:  Michael Saylor
Justin Sun
Tyler Winklevoss & Cameron Winklevoss
Jack Dorsey
Changpeng Zhao (CZ)
Brian Armstrong.
Jed McCaleb and many others.In the race to become the richest in the world in the future, only businessman can not get that place. In addition to being a big business owner, one must hold bitcoins. Do you agree with the statement? |
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Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12. https://bitcointreasuries.net/entities/50I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no? As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.  Anyone who has been in bitcoin for long and understand the potential in bitcoin, will know that this is the right moment to invest in bitcoin. While others are panicking you are seizing the opportunity but adding to your portfolio. For me this is actually one of those moments an investor need to buy with lump sum, as this opportunity are rare and it doesn't come everytime. With the Bitcoin halving almost at sight, come on guys bitcoin is at a give away price currently. As plebs what we do at this kind of situation is to buy and hodl. Some are preoccupied with the fact that the Bitcoin price is falling after the ETF approval, but those who are experienced are buying as much as they can, considering this period can be their last dip. A holder sees every dip as an opportunity until he achieves his goal whereas an inexperienced investor is preoccupied with why the market is dumping. The interesting thing is that no matter how the price of Bitcoin is, some investors can't afford to hold Bitcoin because of their negligence. Because they wait for another dip after getting one. Those who follow DCA and accumulation bitcoin at the moment they can utilize the advantage of the dip Because they are growing their bitcoin portfolio by buying more bitcoins at low prices. |
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My Countdown to Hero Member Rank
Number of Merits left: 25 24 16 0
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 Before the cryptocurrency market turns bullish there is a downward trend which many of us may call a correction and some may call it a dip. It is also considered as an opportunity for common investors which is very important to be observed by investors. If an investor gains prior knowledge of market conditions, he can benefit by increasing his investment during this downturn. Market decline can happen for any reason. At present, ETFs are approved, so the market is more likely to be bullish. In all these possibilities when the market goes down some investors get emotional and sell their bitcoins which helps the market go down further and at that time an experienced investor takes the opportunity. A golden opportunity to grow the portfolio quickly. The bottom line is that some are selling emotionally or to reduce risk while others are trying to capitalize on the opportunity. Experts believe that a big dip at this time is an indication of the next strong bull run. Moreover, many investors may realize this by looking at previous patterns. But in the case of investment, the investor should invest by observing the market with his own experience and knowledge. |
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The global economy is yet to stand upright after the Covid-19 pandemic. The uncertainty in the economy remains the same in 2024. Covid-19 has affected the global economy but Russia and Ukraine war affect more than the pandemic. A large part of economists think that we will not fully recover from its effects this year either. They believe that due to high interest rate policies and geopolitical difficulties in most countries in the world, an unstable environment has been created in almost every part of the world.  Image A survey by the WEF- World Economic Forum revealed that around 56% of economists think the economy will remain weak in 2024 and 3% of economists think the economy will be worse this year than ever before. Overall, a large portion of economists think that the unemployment rate will also increase in the labor market. Moreover, the International Labor Organization (ILO) has expressed an opinion where they think 20 people will enter the target in 2024, unemployment rate may rise to 5.2 percent which was 5.1 percent in the previous year due to the low rate of employment. However, 57 percent of economists though provide negative attitude, while 43 percent of economists gave good news. They expect the economy to be stronger in 2024.  ImageOn the other hand, the International Monetary Fund (IMF) is of the opinion that due to trade barriers in various countries, production will decrease, resulting in lower income economies suffering more. Do you think the economy will be stronger in 2024 or could it be weaker? |
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Bitcointalk Username: GigaBit
Ton Wallet Address: UQAF4pcX0YPI4g56sJKRA1TUbTcrgY_kOcCbzceQw_gvRPG8
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