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521  Economy / Gambling discussion / Re: Gambling sites and current transactions fee on: December 26, 2023, 08:36:30 AM
Currently, excessive transaction fees have become a huge problem for a gambler or a user. If you have to pay $20 to $30 fee per transfer to withdraw money or deposit money or transfer money, it is not good for investors or gamblers like us. However, this will not be a major concern for gamblers as gamblers not only have to transfer BTC to gambling sites, but gamblers can transfer various stable coins to all gambling sites if they wish. It is foolish to gamble with Bitcoin already because Bitcoin is a coin full of potential and the value of Bitcoin is increasing day by day to catch up. High transaction fees have become a problem for those who regularly transfer bitcoins from one wallet to another.

Well that usually the main case if they use bitcoin since we will be force to pay such huge fee if we continue to use it despite on its current condition. But maybe there are less gamblers using BTC now since for sure more are into altcoins since this is cheap alternative for them to continue their gambling activities. Maybe their bitcoin balances is for now intended for DCA or HODL purposes since bitcoin market is so far doing great.

Hopefully all is well with bitcoin and fees go more lower so that there will be no huge problem to occur if we want to transact bitcoin on any transactions they want to spend their bitcoins. But for sure gamblers can get used to it if this problem will continue to happen since we still have cheap alternatives available in the market.

In my case what is regrettable is that the same amount of BTC that I transferred for gambling now seems to be almost double. That is, if I have deposited 70 dollars for gambling, now that 70 dollars has increased and shows 140 dollars from my wallet, that is, if I did not use 70 dollars for gambling at that time, then now that 70 dollars in my wallet would have increased and show 140 dollars. Gambling with Bitcoin and profiting from gambling, I think it's a loss because the value of Bitcoin has increased so much since then and continues to increase. So I have now decided to gamble with dollars rather than gambling with Bitcoin so that I have the potential to profit from Bitcoin as the price of Bitcoin rises.
522  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 26, 2023, 05:52:58 AM
I doubt that being in bitcoin for 4-5 years or more helps you to know better when the BTC price will move,
There is nothing to be unsure of. It is a fact. Many years of experience cannot make an investor know what the price of bitcoin would be. Although experiences matters a lot when you want to accumulate Bitcoin. It will help you know the strategy to use and when to utilize that strategy to accumulate enough Bitcoin. In my experience DCA is the way. When it goes up we DCA and when it goes down we DCA as well. DCA has helped me neglect the urges to trade short term and sell often. With time it will be the best way to accumulate Bitcoin.

To catch up I have been involved with Bitcoin for a long time and I have witnessed many changes in the market and I understand the charts well but I can never be sure how the market will go in the future. By observing the chart, one can get some idea about the market that the market will form support and stop at resistance, but it cannot be sure which direction the market will go. In trading I usually adopt this kind of strategy and by adopting this kind of strategy I can get some success in trading but in investing I never pay much attention to the chart or market condition.

Long term investment means I have to buy and hold a particular coin for a long period of time and the market will change multiple times during this long period where charts will not be very useful. Skill and experience is required in investment because skill and experience in investment can hold the investment for a long time but investing in long term plan there other strategies are not very useful. A strategy that comes in handy for long-term investing is the DCA method of investing. 

Investing in the DCA method sees bitcoins being purchased at each step, making the investment sound but with much less risk. Those who once did not understand the DCA method now find the DCA method to be the best investment strategy. It is always a good decision for an investor to start investing with the available amount and later invest in DCA method.
523  Economy / Reputation / Re: [v2][Self Moderated] In Merits, Count Down To Your Next Rank... on: December 26, 2023, 01:38:00 AM
My Countdown to Sr member Rank
Number of Merit(s) left: 25 23 22

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524  Economy / Economics / Re: Which do you prefer on: December 25, 2023, 06:45:17 PM
First I will advice you is that you shouldn't be too fast to quit your job for trading because you are now earning from trading. Before you quit try to make other alternative because it is not idea for you to depend on trading and have no hope on anything that is generating money for you. In trading anything can happen that you don't know how long you will be stranded,  for now think of creating something else for income before making trading as your only job.
If i am given option that you will do govt job or teding then i will choose govt job and after choosing govt job i will do teding. No matter how much I work, no matter how much business I do, it is possible for me to do all kinds of work as well as trading. Trading does not require extra time but we can do trading in the time we get between work. If I do government job then I will get salary at the end of the month along with all kinds of benefits so why should I leave government job and do trading only where even after my job there is opportunity to do trading. The amount of money I get from the job will work as my investment or savings and the money I earn through trading I will spend for myself and family.
525  Economy / Economics / Re: Banks secret door for cheaper cash on: December 25, 2023, 03:51:15 PM
We keep money in the bank and we think it is safe to keep money in the bank, but when we want to borrow money from the bank, the bank will never give us a loan without interest. We are putting millions in the bank and the bank is doing business with our money. Banks basically make profit in this way. Your money will be given to other people and other people's money will be given to you in this way they balance the accounts. Those who deposit money in the bank but get very less amount of interest compared to borrowing money from the bank, that is, the bank is profiting from both sides. You put money in the bank and the bank gives you a profit of one dollar a year but the amount of money you put in the bank will be seen that the bank is making a profit of $10 by investing that amount of money. In this way the bank basically makes profit.
526  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 25, 2023, 02:20:34 PM
If you have to invest in Bitcoin at this time, you must invest quickly. Because the longer you delay the price of bitcoin will go up, because I can see bitcoin price stayed between 26k and 30k for a long time. At that time some people said that the price of bitcoin would be lower and it would be better to invest, but now that the price of bitcoin is 44k some people still say that it would be better to invest if the price of bitcoin is lower. But no, you should notice that Bitcoin price has almost doubled in last 2-3 months. So if you observe carefully you will realize that many people have made a lot of money by investing in this Bitcoin DCA method and they are becoming financially independent. If you invest regularly in bitcoins and your average price will decrease, then of course you can become self-sufficient using the DCA strategy in this way.
You are saying that Bitcoin should be invested now before it goes higher but what about those who invest in the future. Bitcoin price was twenty thousand dollar still but it was perfect time to invest bitcoin from that point bitcoin price reached 30000 dollar and still bitcoin was ok to invest now bitcoin price is above 40 thousand dollar and i think still ok to invest. Not only now or in the future when the price of Bitcoin reaches $50,000 to $100,000, but people will invest, that is, people will continue to invest, no matter how much the price of Bitcoin rises. 

There is no rush in investing because we are thinking of investing in long term plans and we are investing in long term plans. As you said that should invest in Bitcoin now but people who don't have money now but will have money in future if they read your comment they will be confused and they will be disappointed in investing in future. Long-term investment does not require much thought or haste, but if possible, if an investor starts his investment with a small amount of money and if he can make his investment consistently, then this investment strategy is fine for him.
527  Bitcoin / Bitcoin Discussion / Re: Have a question about cancel a transaction on: December 25, 2023, 01:12:15 PM
If you transact with mempool extra low, if mempool doesn't reach your set level, then after some time, your transaction may be canceled automatically, but once you submit the transaction, you may not be able to manually delete the transaction again. At present transaction fee is extra so we have to face many problems in transferring btc but if we try to transfer bitcoin by keeping mempool under regular monitoring then maybe it is possible to do bitcoin transaction with relatively less transaction fee. There are many people who have transferred bitcoins for important work but their transactions are still pending due to high transaction fees and this is a common problem nowadays.
528  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC were to be adopted as a global reserve currency? on: December 25, 2023, 12:38:40 PM
We are involved with Bitcoin so many thoughts about Bitcoin come into our imagination without our own knowledge but not everything can actually happen in reality. Before Bitcoin can become a global reserve currency, people around the world must first accept Bitcoin. We know that Bitcoin is not approved in all countries, so Bitcoin must be approved in all countries before becoming a global reserve currency. The dreams we have with Bitcoin will take a long time to come true and it is very unlikely that Bitcoin will be the global reserve currency. However, we expect that the popularity of Bitcoin will gradually increase in different countries and gradually different countries will accept Bitcoin in their countries.
529  Economy / Services / Re: 🚧[CFNP] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $130/week on: December 25, 2023, 12:28:11 PM
Payment made for week 50:

https://blockstream.info/tx/e7e8af20c1ded25d7951dc182eeea5c1dd46dba56cb77626a998ec8dbfbc85fe



The last week begins Shocked
Great 50 weeks, thank you all for taking part and for your trust.

After the 50th week the 51st week is going to be the last week for this campaign and on the 51st week we have to say goodbye to this campaign from this forum. Thanks to manager and team for everything.
530  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 23, 2023, 12:05:21 PM
It means that those people who bought above $60k price bought because they were ready to invest in bitcoin as that was the right time for them. They also have the mindset to hodli for long and they didn't buy because they are after short term profit. This is the reason why they are still hodli their investment till now and some of them are even increasing their bitcoin portfolio because they understand the that the long term goal is superior.
I don't think they bought bitcoin at a high price because they were ready. They bought it because they thought bitcoin would keep increasing in price and they got caught up with the price when bitcoin discontinued the price increase.

Before the price of bitcoin increased to this extent, some would have sold their bitcoin before now for less money, while others would have decided to hold onto it in the hope that its value would increase above the $60k purchase price. Whatever the event is, it does not prevent them from having the chance to accumulate bitcoin over time at a discounted price.
Bitcoin is now at a high price to catch up and knowing that Bitcoin is at a high price anyone who invests in Bitcoin now is not a fool but may be investing in DCA strategy. I don't believe in the idea that you always have to buy bitcoin at low prices. Yes, I don't agree that buying bitcoins at a low price is more profitable if the price goes up later, but many investors can't wait for the price of bitcoins to go down. Investing is difficult for people who only plan to invest and wait for the price of Bitcoin to fall.  

Our plan is to buy bitcoins at a relatively high price there for a long period of time so it won't affect our investment too badly. In case of long term investment we don't need to see much profit and loss because if we see excess market then it is difficult for us to hold the investment.  

There are many investors who planned to invest in Bitcoin price from $20K to $25K but at that time they thought that this may be the peak of the Bitcoin market and from this position they waited for the market to go down but the market did not go down due to which they not invested. Again this year when bitcoin reached 30000 dollars it was the highest price of bitcoin touched this year but at that time those who invested managed to come up to $45K with their investment but those who did not invest are still waiting for the market to go down.  

Since the plan is for a long time, investing without thinking so much, we should only keep the investment for a long time.
531  Bitcoin / Bitcoin Discussion / Re: Bitcoin's role in financial development on: December 23, 2023, 05:40:27 AM
Only those who live abroad can feel their pain. We may understand their absence but we can never understand their pain. They have to leave their family and work abroad only for the sake of their family and they have to work there for about 14 to 18 hours. After working for 14 to 18 hours, you have to cook, eat that food and get ready for the next day. You are the son of an expatriate father and you can imagine your father's suffering and you are now trying to do something. It's not a big deal if you are unemployed yourself, keep looking for a job, if you don't find a job after searching, try to do something yourself without looking for a job. Right now it would be a good decision for you to find a job, after finding a job then you can plan to invest in bitcoin if you want because if you want to invest in bitcoin now without a job then it will put pressure on your father.
532  Economy / Reputation / Re: [v2][Self Moderated] In Merits, Count Down To Your Next Rank... on: December 23, 2023, 03:34:13 AM
My Countdown to Sr member Rank
Number of Merit(s) left: 25 23 21 20

With your help I can reach my goal faster.
533  Bitcoin / Bitcoin Discussion / Re: Target Prices and Resistance Levels? on: December 22, 2023, 06:32:47 PM
To understand the resistance and support levels, we need to study the market charts adequately. The more we study charts, the more we learn about support and resistance. A few candles are very positive and keep going to one place and coming back again, then you can understand that there is resistance of that coin and after reaching the resistance, the coin can either cross the resistance or maybe it can come down after being blocked by the resistance. It is the same in the case of support, the market gradually comes to a certain point and rises again that is the support of the market and if the support breaks then we have to refrain from taking trades at that time because if the support breaks the market is more likely to go down. I have discussed support and registration very briefly but there is much more to discuss about this topic and much more to learn that can only be learned by actually studying the charts enough.
534  Economy / Services / Re: [OPEN] Bets.io Signature Campaign | SiGMA Award Winning Casino on: December 22, 2023, 06:00:35 PM
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535  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: December 22, 2023, 04:15:02 PM
Additional transaction fees are by no means coming down. Mempool minimum is now showing 150 and if you try to do your own foreign transfer to 100 Mempool then the transaction fee will go up to $25 and there is no guarantee when the transfer will be confirmed. A few days ago the transaction fee was high but in the middle but Mempool changed and came down a lot but now we don't see the same. Mempool is limited to 150 to 300 which is too much. Transferring BTC is now almost impossible for those who are small investors. Every Bitcoin user now wants Mempool to return to normal.
536  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin will bring you hope and gambling will leave you destitute. on: December 22, 2023, 02:07:49 PM
If you find out about this incident through the person's younger brother, here the person's family may be taking a bigger picture of the matter. $18K is a lot and losing $18K gambling is a big deal. People do not usually make such mistakes unless they are highly attracted to gambling. After borrowing such amount of money your elder brother should have realized that he is going in the wrong direction and no matter how much money he borrows from others and gambles he will never be able to recover that money. Your older brother told the family too late when he lost a lot of money and was pressured to repay the loan by those who loaned him money. I can't imagine what the general public would do if a military officer made such a mistake.
537  Bitcoin / Bitcoin Discussion / Re: Another year is going to end. Bitcoin isn't dead on: December 22, 2023, 01:31:13 PM
Bitcoin made its debut in 2009 and since 2009 its popularity has grown relatively every year. It is impossible to miss out on the Bitcoin market where the popularity of Bitcoin and the number of its users has grown steadily and continues to grow. Users now trust Bitcoin enough and Bitcoin has now become one of the most trusted cryptocurrencies. Bitcoin will end this year's journey between 40,000 and 45,000 dollars before the end of 2023 and Bitcoin will start a new journey in 2024. It wouldn't be surprising if Bitcoin reached its all-time high this year as Bitcoin has been very positive over the past few months. Bitcoin may not touch its highest price this year but hopefully Bitcoin will definitely touch its highest price next year.
538  Bitcoin / Bitcoin Discussion / Re: Argentina has officially approved the agreement to legalize the use of Bitcoin on: December 22, 2023, 12:51:25 PM
Where did you get the news and where did you read the news if you share the link of that news then we can go there and know the details. This is not the first time such news is being published, but many similar news have been published before. Bitcoin may be discussed but Bitcoin being discussed and Bitcoin validating are two different things. The truth of the matter will be known only if any such official news comes from Argentina. Maybe the news you read is just rumours. If you are reading my comment, please share the link from where you got this news.
Actually you should have read my post better before posting.Look at the picture that I have added, click on the picture, I hope you will get the details.

Still I am sharing that link: https://www.fxempire.com/news/article/argentina-approves-bitcoin-btc-as-official-currency-1397688
If you want me to have pictures like the ones you've attached, I can make you hundreds of them in no time. The main point is that you created the post but forgot to share where you got such news before creating the post and when I mentioned you to share the link later you edited your post and then shared the link. 

For your information, the link you shared is not accessible. Maybe you read this news a long time ago and the site where you read this news is not accessible now.
539  Bitcoin / Bitcoin Discussion / Re: Time for a transaction to confirm, nowadays on: December 22, 2023, 12:08:50 PM
Many times before I have noticed the abnormal high transaction fee of Bitcoin and every time I was patient despite my need and after patience the transaction fee normalized and at that time I traded my Bitcoin. Bitcoin transaction fees are very high at this time and I have enough need to trade bitcoins but still I am waiting for transaction fees to normalize. To trade the amount of bitcoins I need to trade, I have to pay a lot of money in transaction fees which I cannot afford. Those who need to transact right now but transaction fees are a big issue for them must have no choice but to wait because trading now will result in loss but not profit.
540  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 22, 2023, 11:36:43 AM

But the thing is that if anyone is DCAing with time to time so this strategy will recover the mistakes which he/s made at the time of FOMO. If anyone invested on the top when Bitcoin was at $69000. And still DCAing so I am sure that he has recovered almost 80% to 90% loss and if he will hold and continue the strategy so he/s will be in profit when Bitcoin will cross ATH again.

Alright I think I get your point  here,you mean if anyone  trys to DCA when the Bitcoin reaches $69k he/she could recover profits when the next ATH comes  .

Well I guess if I'm not mistaken  Bitcoin is still volatile and predicting it just like that mightnot work   as we could be expecting something else by then but Bitcoin is not just any type of coin and not too volatile,there's still a chance for DCA maybe but the future will determine.Thus, you wanna consider DCA  then start now
The price of Bitcoin has been moving forward positively in the last few months and those who have invested in Bitcoin following the DCA method in the last few months are now seeing a clear return on their investment. The market is slowly moving upwards and we are gradually buying bitcoins according to the DCA method considering the market. 

I have purchased bitcoins in several steps according to my DCA method until the price of bitcoins is 40 thousand dollars and I am thinking of investing in several more steps. I don't think it would be a wrong decision for me if I invest some more money in Bitcoin according to the current market. Assuming now that I invest in Bitcoin the market has gone down a bit but if I compare this period with when I invested when Bitcoin was worth twenty thousand dollars, I will not have a loss but a profit. And this is the positive aspect of investing in DCA method.

As a bitcoin investor I believe bitcoin price will touch $50000 soon and then one hundred thousand dollars later. Even if the price of bitcoin reaches fifty thousand dollars I will invest according to DCA method at that time and if the price of bitcoin reaches the highest level then I will invest according to DCA method and this strategy of investing is right for me. 

As our objective is to hold our investment for a long time, buying bitcoin in stages is a good decision for us and we will continue to do so. If you keep money in the bank, the bank will return you that amount at the end of the specified period, although they will take some additional charges from you, but if you invest in Bitcoin for a long time, that investment can return you several times more money in the future. So invest yourself without depositing unnecessary money in the bank and keep investing consistently and keep your investment for a long time.
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