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521  Other / Off-topic / Re: Is this the path you should take to become successful? on: September 29, 2023, 11:32:55 PM
"In order to be successful, you have to find out what makes you excited. What makes you wanna get up each morning and go to work? If you love what you do and dedicate yourself to your work, you will gain that momentum and each success will create another success. Never quit, never give up. Do something you love. When you do something that you love, you'll never fail. What you are going to do is give it a shot again and again and again. You're ultimately going to be successful." - Donald John Trump

Some say he's an Idiot but something he says sometimes makes sense. LOL. What do you think about it? Is it some way to manipulate people or that's the right thing to do?

That's a very correct action in my opinion and there is no point in manipulating others. Because when someone says things that are reasonable enough to do, there's no harm in implementing them and trying them as said by that person. Regardless of what other people say to that person, because that is the key that is logical enough for everyone to carry out so that they can continue to have the enthusiasm to work and do something that can make themselves successful.

I also think that no success comes by itself or is achieved by sitting around without doing something useful for ourselves. So I don't see any error in what Donald John Trump said regarding tips for achieving success through work that we like in our own lives. So I won't care about the words of other people who call him an idiot Wink
522  Other / Beginners & Help / Re: Bitcoin started in 2009 on: September 29, 2023, 11:17:45 PM
If someone bought Bitcoin in 2009, is that buyer rich now?
Obviously very rich, especially when Bitcoin made an ATH in 2021 with its price exceeding $65K. And now you can see for yourself how the price is no longer even half of the ATH price that happened on Bitcoin, but the current price is also not a very bad thing because everyone can take advantage of this condition to have more Bitcoin before the next ATH occurs again on Bitcoin. You can see all the data here: https://coinmarketcap.com/currencies/bitcoin/historical-data/?end=20191130

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Bitcoin now stands at 26,893 and was it lower in 2009?
Actually, a question like this is not quite logical, but I can understand it because you are still a newbie. I very rarely find a higher price on something that is just born and that also happened with Bitcoin where Bitcoin at that time was still very cheap because it didn't have as many fans as it does now. So now you need to look at and read every history of Bitcoin so that you can ask better questions in the future, although questions like this are not wrong for you to ask here.
523  Other / Beginners & Help / Re: Let fear to lose be motivation to learn on: September 29, 2023, 10:46:36 PM
Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency,  I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.
The fear of loss that you have within yourself when you are new to cryptocurrency is a very common thing, because it is very natural for someone to immediately experience fear when they do not have sufficient knowledge of what they have just learned about. Your motivation for fear of loss is very reasonable and quite logical because other people might not be so determined to trade or invest in cryptocurrency when they still don't have that much knowledge about it.

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My fear have been a motivation to learn,  even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.
Fear that can generate motivation to learn is a very good fear, because with it you can avoid small losses after you learn everything related to trading and investing in the cryptocurrency that you like. Anything that can encourage a person to continue learning until he can truly control himself from his emotions and lust for profit is quite a good thing for that person. So I think the fear you have experienced is not a bad thing because it can lead you to more mature learning for yourself.
524  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 28, 2023, 01:54:08 PM
Knowledge means information, understanding the skil that you get experience or education from also awareness of something. Therefore without you knowing about something youcan do nothing and become a losser. Without knowledge you will not be able to understand Bitcoin and how to hold it ,there is a saying  that "Knowledge is Power "and so without knowledge you are a failure and you  cannot understand how cryptocurency or Bitcoin works neither how the ttends goes,Reading and understanding the biases and importance of Bitcoin makes you wealthy and exposed to the crypto world on how to secure and inves in your future.
The saying you expressed really impressed me, because I can also feel that real power is knowledge, nothing else. This can be directly seen and felt by anyone through life when someone does not have a certain level of knowledge with people who have a certain level of knowledge, and the example you give also seems more specific because it is very clear that someone will not want to hold Bitcoin if he does not have sufficient knowledge about Bitcoin. So it can be concluded that knowledge is a power that is very important for everyone in any case.
525  Economy / Speculation / Re: Should I buy now or I should still wait for the dip? on: September 28, 2023, 01:25:05 PM
Well. the bear market is far from over. We are in the bear market at the moment and haven't touched the bottom yet. Although the price is stabilized at around $26k, this does not mean the bear market is over. There are chances that the market will slightly pump toward $30k to lure in more retail investors before the final dip. I think the bottom will be somewhere around $15k. The price will reach a new ATH in 2025.
In terms of price decline predictions, I don't think Bitcoin will return to $15K again this year and also next year because next year will be hindered by the halving before the increase to reach the ATH in the year you mentioned. From the level of price stability in the $26K range alone, we can see that there are still a lot of buyers in that low price range so that the drive for better resilience can still appear in Bitcoin and prevent Bitcoin from dropping as deeply as at the price you mentioned.
526  Economy / Economics / Re: How to spend money determines whether you can avoid unnecessary problems on: September 28, 2023, 12:27:27 PM
Lack of planning,  impulse spending and proper planning are some major financial mistakes most persons make. We keep trying to secure a better future especially with the rate at which the economy is dwindling and unstable, but that will not be possible if anyone will be so unwise  to continue living in a frivolous pattern. It's one thing to keep working hard to make money and another thing to be discipline enough to keep and maintain wealth.
Those who want to work hard and want to maintain their own wealth are people whose lives remain disciplined in how they use their time and also in how they use their finances on a daily basis. Because anyone can see the condition of people who like to live carelessly and there are no good examples that we can take from these people except to forget them and build ourselves better. The overall economic condition has not really improved so there is no reason for anyone not to work if we still really want to live safely and without difficulties.
527  Economy / Trading Discussion / Re: Are you on guard for any unexpected? on: September 28, 2023, 11:58:37 AM
The fact that the Bitcoin market suddenly went so high doesn't seem to me to be positive for Bitcoin. If the value of a coin increases suddenly, then the value of that coin suddenly drops down to the bottom. We need to rely on all of these candles to be phased upwards over time. We may soon see a big dumping like the big pumping in the market. But there is a lot of profit opportunity by trading during such instability of the market, suddenly when the market comes down a lot if trading can be accepted at that time then profit is definitely possible from there.
This really looks like a fact because yesterday I also saw a decline in prices after the sudden increase in Bitcoin in the market. And I think traders who like to take profits in the short term really like that kind of thing because not long after they buy, they can immediately sell it for a profit and put capital back in for the next purchase. It's just that market waves like that sometimes also require patience in waiting for a surprise such as a sudden increase, because such increases usually don't occur in large numbers in the market.
528  Other / Beginners & Help / Re: Should newbies invest with small capital in BTC on: September 28, 2023, 11:16:51 AM
a beginner really has to invest with small capital first, because a beginner usually doesn't fully understand the procedures for trading in BTC or investing in BTC, so by starting with small capital first I think it's a good decision, because beginners can learn and see the risks investing in BTC so if already understand and knowledge has increased then can invest in BTC with large capital.

Investing with small capital is like an experiment while learning for every beginner, and there is nothing wrong if a newbie does this as long as he is not disappointed and regrets when his experiment fails. Because of this main requirement, newbies are required to learn first before trying anything such as investing or trading even with very small capital.

However, trying to do a little action while learning is also not wrong because this can also train someone to be more familiar when he already knows everything about investing and trading. The only thing that a newbie is really afraid of is how to manage his own emotions and patience when he is faced with risks or losses that may not yet be perfect.
529  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: September 24, 2023, 04:28:56 AM
I agree that Bitcoin investment is really different from gambling. Now, what you say, "Only invest what you can lose," is a matter of choice for an individual if he doesn't know anything yet or doesn't have a deep understanding of trading.
Choices like "Only invest what you can lose," are very common choices for everyone who wants to trade. Even gamblers can and are willing to do things like that even though they will never be the same as real traders, because real traders are traders who are able to look after their capital well and bring profits to themselves through that capital. Even if the capital runs out and they don't get any profit from that capital, they are also very willing to do that.

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We know that traders are different from gamblers because, obviously, most gamblers don't have any idea or knowledge about trading, so when they come into trading, they are willing to gamble to trade.Unlike a trader who has an understanding of trading, he knows if he will make money from his trading because he knows how to read which direction the prediction price to buy or sell will go.
There is a difference between knowing and not knowing about trading.
Well, I also really agree with this one because it is very clear that gamblers never care about the direction prices will move in the market. So they only risk their money on certain assets by hoping for luck and if they are not lucky they will try again as they often do in gambling, so it is very clear that gamblers and traders are different in terms of their abilities.
530  Economy / Economics / Re: 0-Dated Options Trading vs. Gambling: Which Packs More Thrill? on: September 24, 2023, 03:49:10 AM
Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.
Doing trading without analysis or without continuous research on the market will always end up being very ridiculous, because a job like trading is a job that really requires special knowledge and understanding of the market in order to get better and maximum results. So if there are people who like to trade without doing analysis or research and also don't have any knowledge about trading, that is called recklessness and is not a good thing to do. And another parable is as you said, which is not much different from gambling.
531  Bitcoin / Bitcoin Discussion / Re: I learned something new from Bitcoin today on: September 24, 2023, 01:43:06 AM
I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.

Actually there is nothing wrong with what you are doing, because you are capable and able to make money with $100 in capital through Bitcoin trading, which means Bitcoin can be your next concern and for your own future. Now, regarding gambling which may have become an addiction for you, actually the rather ridiculous thing is that the addiction is not about you playing and not winning or losing by spending $11.

Because I have also seen some people who only use gambling to relieve stress when they finish work or when they are not working, but they never get addicted to it because they already consider it just as entertainment, not to seek wealth or become a rich through this. So what you have to change here is just the addiction, although you will also be better off if you are able to stay away from it for the next days.
532  Economy / Speculation / Re: How much ,as you think ,is 1 bitcoin in 2025? on: September 24, 2023, 01:31:14 AM
Price prediction of bitcoin is really tough. Even the experts weren't able to come with perfect prediction based on the changing market. Over every halving there used to be big rise in the price of bitcoin. During the 2016 halving there is no big expectation and surprising move happened and price peaked above $20k. From that point people started to expect big on the next halving, and the same is being now the reason for a big price expectation for the upcoming 2024 halving which could drive the price movement till 2025 or even after that.
The reason this expectation is on many people's minds now is something that I think is very natural because everyone has probably seen how Bitcoin made its highest price after the halving occurred and it was very clear that it happened in the previous halving. So in the upcoming halving, this could also be the case, although the price could be different because currently Bitcoin is still below $30K due to the sidway level that is still occurring this month. And in the next month something like now is still very likely to happen again.
533  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 23, 2023, 11:39:58 PM
I agree with you. Although it is very ideal that we can all be lucky and suddenly be millionaires it is just so impossible and very unrealistic. Hence, instead of just daydreaming about such unrealistic things happening it is better to act and do something that will help us get at least the goal we've been aiming for. There are just people who are more fortunate than others even in terms of luck, like winning the lottery, hence it is very unreliable and stupid to just rely on that. If we really want to be successful and have at least a good guarantee that it will happen we need to do something about it ourselves like working and investing, as well as improving ourselves every chance we get.
Daydreaming and dreaming without trying to make it happen through effort is very futile because in the end there will be nothing. In terms of achieving success, there is no exception for everyone who must continue to make their own efforts to make their dreams come true in their life, because success does not come automatically to everyone, even though everyone can hope for luck in their life. But it is always uncertain when it will come so everyone is always willing to try if they want to be more successful than others and I think this is no exception.
534  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: September 23, 2023, 11:16:29 PM
Of course 95% of memecoin are scams now and the ones that are still alive are floating in the sea because they planned that in a bull market investors of their project would increase. Also you will find some good memecoin that entered the crypto market a long time ago and their investment community is very strong now so if you like memecoin then invest in those older meme coin.
From several facts that have been seen in the past or at the time when more memecoins started to appear, I also thought like this that there were very few good memecoins and there were only a few because these memecoins were already supported by their investment community. Old memecoins are much more famous than new ones so there will definitely be more competitiveness in old memecoins because new ones cannot compete when they enter the market due to very few enthusiasts.

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Also i think it's risky for new investors to invest whether it's memecoin or any other new coin. It is very tempting for new investors to come in because they will just jump at the profit.
On the other hand the reputation of crypto investment is alive because there are many ways and types of investment so it is not only dependent on memecoin.
I also consider memecoins to be just a joke and nothing more than that, because if for example I had to choose a memecoin to welcome a certain moment, I would not hold onto it for long and would even be quicker to let it go if I had made a profit. And what new investors do in memecoin is also not wrong, because they often prefer to let it go when they see the profits from the memecoin they own. Because memecoins are not suitable for holding for long periods.
535  Other / Beginners & Help / Re: Journey of a newbie. on: September 23, 2023, 10:45:42 PM
I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.
No need to be confused about that, mate, because now you can find more explanations from people on this forum as well as from people around you who may have already known about all these things in the past. Apart from that, you can also read it on several websites which have been written and explained in detail about cryptocurrencies and how they work so that it makes it easier for you to read them quite carefully. You just need more reading to increase your knowledge about cryptocurrencies and how they work and you can get that here or on the two websites that I will recommend below.

536  Economy / Speculation / Re: Bitcoin - what are we expecting for the rest of 2023? on: September 23, 2023, 01:12:25 PM
I hope that as you say, of course that is what is desired because if there is an increase with bitcoin, all coins will also be able to move upwards, especially with potential coins. I may also have confidence that at the end of the year there will be improvements as well as preparations for the arrival of the halving era.
Hopefully there will be better price improvements at the end of the year because when the Bitcoin halving moment is known by many people, there will definitely be a feeling or urge to want to buy Bitcoin in order to welcome the halving perfectly. Because usually a better increase will be seen when the halving is complete or is caused by the confidence of many people to continue buying after the completion of the halving in Bitcoin.

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But it is possible that this month and tomorrow there will be a correction, which usually occurs to prepare the impetus for Bitcoin to recover. There is still time as you say and there will always be changes that can happen and we are waiting for that.
Corrections of modest size will always be present in Bitcoin, but that does not mean it will make Bitcoin worse. Because the correction period is a time for everyone to be patient while buying again at a low price using as much capital as possible in preparation for welcoming the halving moment next year.
537  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is The Father After All on: September 23, 2023, 11:30:21 AM
It is interesting to know that large number of Bitcoin and none Bitcoin holders are looking forward to 2024/2025. This is the year which so many experts has predicted to be the halving season, where price of Bitcoin will definitely hit a higher price due to scarcity.
Scarcity can indeed cause an asset like Bitcoin to experience a greater increase in price if the number of people interested in it starts to continue to increase at that moment. That is why experts say that Bitcoin holders are really looking forward to 2024/2025, because maybe that year is very vulnerable to the profits that many people can get, especially those who like to hold Bitcoin.

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You must be wondering why none Bitcoin holders are also looking forward to that same year,... Well it's because of how effective Bitcoin price will be to the crypto market entirely.

In other words, Bitcoin has the power to make a great price impact in the crypto market in general, which makes it the father of all.
The influence of increasing Bitcoin prices in the market will always be there for other cryptocurrencies because this has also happened before when Bitcoin increased and reached ATH in 2021. So the effectiveness of the Bitcoin price is indeed very large for other cryptocurrencies and market conditions because when all prices is in the green zone, as if everything has changed for the better in the market.
538  Bitcoin / Bitcoin Discussion / Re: Moment of truth on: September 22, 2023, 11:16:52 PM
It's time to share your experience.
(choose one question and share your thoughts)

1. what helped you blend into this space?
What helped me to assimilate into this crypto space was my own desire to make money after knowing how it works. Because without our own desires, of course there will be no action that we will take even if other people repeatedly force us to work in a space like this.

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3. what would be your advice to the newbie still trying to figure things out?
My advice to beginners who still want to find out about the crypto space and cryptocurrencies is to read more and not get bored every day. Because beginners need to know how it works and its direction clearly first before actually taking action in the crypto space, so read more about anything related to crypto to find out more.

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4. Did you also have the "get rich quick" mindset. I bet it slowed down your learning process.
I don't, but for other people I also don't know if they have that kind of mindset, because it is a very wrong mindset before one starts struggling with a better level of knowledge. So the better thing is to learn little by little so that we can expedite our own process in achieving the desires or goals that we set within ourselves through this crypto space, mate.
539  Bitcoin / Bitcoin Discussion / Re: Not banned, yet not accepted on: September 22, 2023, 10:41:15 PM
And I thought that this forum was intended for communication, not making money. Roll Eyes I would like to know from you. Why do you need these Bitcoins as a means of payment? Do you plan to use them to pay in stores or something else? I would like to consider the request in more detail. Is the national currency really that much worse? Everyone has long been accustomed to it and does not want to change anything, but you have a different vision.

There must be some reason for everything. One desire is not enough. Will this bring the results and prospects you are counting on?

I think people who love Bitcoin more than any national currency will treat Bitcoin differently even though that person will still expect better things from Bitcoin and I think that person will also not think badly of Bitcoin if Bitcoin is not accepted as payment goods and services for the whole world. Because such a person will tend to prefer to spend national currency rather than spend Bitcoin to shop for what he wants.

And if you want to consider this request in more detail, it means that you also don't want to just give up Bitcoin on things that are not that important or if this can still be done using the national currency. I am sure that those who receive Bitcoin, such as shop owners or companies for the goods and services they sell, are people who understand Bitcoin and have also invested in Bitcoin. If this were not the case, they would definitely not be willing to accept it as payment, especially if it were for goods and services that they sell generally to everyone.
540  Economy / Economics / Re: It ain't meant to be easy on: September 22, 2023, 12:45:19 AM
Doing hard work may not necessarily be able to achieve what we want, but it is through hard work that our desires can be achieved and we must do it based on what we already know, don't do work that we don't fully understand, of course in this case we won't be able to achieve what we want. Doing work based on the knowledge we have consistently and asking for luck will certainly achieve the success we want.
Hard work is a necessary part of business and is very important for everyone who wants success, even though after working fairly consistently there is no guarantee of immediate success because it is still hampered by the level of luck that each person obtains. But basically everyone doesn't have to stop working and learning about what they don't know and what they already know, because that is a basic effort that must be done by everyone who wants success.

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You are right that everyone goes through a different process in achieving their success and there are those who are able to get back up after they experience failure and correct their mistakes so as to achieve success and there are also those who are unable to get back up after they fail.
This is also caused by the different levels of ability of each person when it comes to rising from the adversity they have experienced. Because if you see someone who is unable to rise from adversity, in fact someone who is down is not unable to rise again from his failure, but he also needs time to enable himself to continue to rise from that failure. Meanwhile, some people who are immediately able to get up immediately after failure are people who basically may have more support from other parties so that there is some kind of help that they immediately receive in the near future. So you should also be able to see a little difference in someone's rise from failure.
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