Have you ever been caught off guard in life generally? Relative to bitcoin I have learnt many things about the market totally taking an opposite directional move from our wide expectations.
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Just today from the charts BTC has been pushing up in a big green high momentum candle in the past hours of today and this many are excited about the price.
But what if, we are caught off guard by the market at this snapshot point with another unexpected long dip again whereas we're expecting a little more pump in October?
Are you on guard for any unexpected?
I have experienced tons of unexpected price movements on which it did really fucked up my analysis and this is why im not really that already getting shocked with these kind of scenarios or situations and this is why its always that relevant on setting out plan B's whenever your plan A's do been f*cked up with the market because know that its never been that predictable in the first place on which prices could shoot up or dump down without any valid reason behind whether technical or even on fundamentals on which it could really just moved out randomly without any basis. Are you on guard? Whether you do like it or not then you should really be prepared for whatever things that might happen. This is why risks management would really be that so preferred or a must thing to have so that you wont really be making yourself that totally be wrecked up when the market would really be making its move. |
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Previously I have said several things here about not everything looking very dangerous and everything can be overcome very simply, for example, a gambler has small children. I believe and am very sure that as a parent he will not gamble in front of his children unless it is at night. is asleep or when the child is not near his parents.
I think you said a bit the opposite, If a gambler has small kids, he may gamble in front of them because those kids won't know much about gambling. Although they will be curious to know what their father is usually busy at home in front of the computer. As they grow up, then is the time that parents should do gambling hiddenly but still once you are living in a same house, it is hard to hide anything from children. So maybe restrict yourself to gamble via mobile as it will be hard to guess by children that you are using mobile for chatting or gambling. All that depends on the age of the child. Of course if a child is still a toddler there are some habits he or she can not copy especially gambling because they barely know what it is you are doing with your phone or seating in the front of computer/laptop. But a child of say age of 7 is already knowledgeable of certain things and could try some things behind you especially as they can operate phones. So it depends on the age of the child, we need to take away certain character exhibition from children. Yes, but as much as possible even lets say that they are below 7 years old which it would really be that better that they shouldn't really be able to see those kind of activity or things that you are dealing on which you are playing in front of them.Even if they are really just that young and wont really be able to copy on what you have done but we know that when it comes on being adaptive then children are really that on that fast pace on which as much as possible then it would really be ideal that we should really be avoiding on letting them see. There are really that habits or things that we've been dealing on which it is really that important that we wont really be that sharing or letting them see and really just that make it private and youre good to go and wont really be worrying for about those potential dealings which you wont really be that aware. Its really actually that easy to do such thing because you could really be simply playing on your phone or pc without them around specially your kids or you would really be going into those physical places on which you would really be liking to play physically which it is really that out of their awareness on what are the things that you've been doing.If you are really just that mindful then it wont really be that so hard to avoid. |
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Yes i want to do this in my life now i have very little money when i own a lot of money i will buy and keep this bitcoin for life and what about my sons and daughters future i want to keep. And people who have a lot of money now should buy and hold bitcoins now because you can sell them at a much higher price in three or four years.
Investing bitcoin does not need to be with a lot of money you have $10 can buy bitcoin by means of the DCA method, now you may have a fixed income? You can set aside each month to buy bitcoin slowly this is the best way of accumulation rather than having to wait to accumulate more money even this will be more difficult. People have started investing bitcoin by means of DCA per week or month $10 - $20 depending on their ability the higher the accumulation will be, maybe you can also start it without having to wait for more money. What you say is exactly right, even with small capital we can invest our money to buy bitcoin, if we don't have money we can look for funds in various events such as Bounties, Contests, etc. From the results of this participation we can use as initial capital to buy bitcoin. without having to disturb your personal money or living necessities, and that can be your benchmark for the results of getting a bounty or contest, because the prizes you get are more than enough to invest in bitcoin. If you have a target then you should work hard for that and not really that just keep on dreaming without having actions because it wont really be come into fruition if you dont really have those kind of actions to be made. Bitcoin or cryptocurrency as a whole could really give the opportunity for you to make money or profit or you would really be able to change up your entire life if you have done the right decision specially if you are holding significant amounts whether on Bitcoin or some altcoins then you would really be having that chance on might really be changing your life forever but of course it would really be still depending on how you would really be able to sustain yourself when it comes to financial situation because we know that if richness would be mishandled then it would really be ended up on a disaster and this is why it would really be always better that you should really be that wise when it comes to your investment or whatever income source you do have which it isnt really that limited on Bitcoin but also in other sources as well as long it could really be giving out that kind of benefit and advantage to you then this is what really counts or matter the most. |
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A crypto exchange based in Hong Kong, CoinEx, is dealing with a security breach. They've lost a significant amount of ETH and TRON from their hot wallets (4,946 ETH and 354,762 TRX so far). The company is looking into it and has promised to reimburse affected users. Source: https://thedefiant.io/coinex-exchange-hacked-for-usd28mI feel bad about what happened, and unfortunately, the CoinEx platform is not the only one that fraudsters were able to access and steal millions of its assets, but what I recently read is that the HTX platform (formerly Houbi) was also subjected to significant thefts, and Justin Sun announced this. There are significant challenges facing the CEX exchange platforms, and frankly, these Exchanges make us believe that cold wallets are the safest option. Fortunately, I have not used the CoinEx platform before. I only use the top exchange platforms for trading and other features. I read in CoinEx's tweet on X that they have made great strides in tracking down hackers and stolen assets and have received support from other exchange platforms. I hope they can compensate the affected users. Also, there is an essential matter through this CoinEx Announcement that there are specific currencies available for withdrawal and deposit. This exchange has not resumed all its services yet, so please beware of the false claims of scammers. What matter most here is that those affected users should really be getting that compensation or given their funds back but i highly doubt that it would really be something that so easy to happen if ever the hacked amount isnt really that small or really that significant. If they have said about those possible compensation then it would be a good news into those affected users but if not then it would really be a never ending kind of begging on getting their funds back. I do remember about that Mt.Gox too that even up to now which people do really still hope on getting their funds back after how many long years that had passed. It doesnt really have no sense on making yourself that storing that huge amount on any centralized platform even if we do say about storing it in Binance. It doesnt really give out guarantees that those coins are completely safe because once hacking or locked up happen then you cant really be able to assure that you would really be seeing your coins again.Just like the rest been saying on here that this is my first time on hearing out this platform and its really shocking that why people do really love on engaging on platforms on which they arent really that popular or known. We know that exchange platforms are really that a common honey sweet spot for hackers. Bare in mind that even Binance had suffered losses or breaches too which we do consider that security might be more tighter and more secure but still things do happen. How much more into those lower ones? |
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Everyone goes through stress related to money after all over the past few years millions of people have faced financial difficulties due to various problems around the world, including epidemics and wars.
Just remember this. When you are stressed, that just means that you are focusing too much on the things you cannot control. So if you want to get back in the right track again out of your adversities, you just simply need to feel that you are in control of you own finances and your own whole life. So take a pause in your life. Remind yourself that you are the only person responsible. There's two things you can do. Minimize your expenses or maximize your income. Along with that you have to payoff your debts and start saving so that you have something to invest later in your career and life. Anything outside of your control are just distractions. You are right that self control is most important no matter how much pressure one is under. Taking a step toward financial health is one of the most important steps you can take to eliminate financial stress. In order to overcome financial stress and be prosperous one must first be aware of the current situation. You should identify options by doing due diligence on your current situation and the extent of your assets. Once you understand the meaning of financial stress, understanding your debt is the next step to get out of it. You can pay off your debt faster if you pay off one account at a time and start with your lowest obligations first to avoid paying high costs over time it is best to pay off the loan with the highest interest rate. Not only on financial stress but on whatever type or kind of stress that you would really be able to encounter due to certain things then having that self control would really be crucial or something that relevant. You cant really just make yourself that being too impulsive and easily panic on the time that you would really be facing up some situations or circumstances on which it might really be resulting that kind of panic or being that impulsive which would be causing bad decisions which would really be affecting you so badly. On the time that you do have that kind of control or having that kind of discipline on whatever things that you do tend to decide then it is really that something that an advantage that you could be able to assess the problem and act accordingly on what are the things that supposedly to be done and dont make yourself that too impulsive and making out some decisions which is really that out of the charts. |
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Playing for many years, I observe a certain series of wins and losses. It looks like it every time! Also in casino chats, a lot of people talk about it.
Most of the time the casino takes the money. But when the winning session comes, on this day many slots give you a solid win, it is impossible to lose. This successful session can last several days.
As soon as this ends, absolutely all slots begin to take money.
How do you win and lose?
It is not clear what you mean by this topic, but you mean in the casino that there are only wins on certain days and no losses are shown. But I have never come across such a situation where there is win only on certain days but there is no loss. I don't understand how win loss is fixed in casino dice or slots patterns but as long as I have played slots or dice I have never had a specific time frame for my win or loss. The idea that your casino losses are constant over time is not correct at all. Maybe you are having trouble explaining this or we don't understand your point. However, only the casino authorities can tell how the win loss is structured in the casino. Maybe he meant to say is "almost" impossible to lose on some lucky days. There is no way to have unlimited win even just for an hour because a casino will lose a lot of money this way. The only way it is possible is if you are doing some kind of a hacking or cheating. Dice games are more adjustable. If we can play safely and implement some kind of a strategy, maybe we can enhance our play but slots are pure luck. You can win or lose anytime on it. If a casino is honest, the owners are not manipulating the results of the games but the system is still implemented to favor over them because this is a business and they are here to earn. I there say that there is no strategy in gambling, most especially, in slot and casino games, and even in sports betting, there is no form of strategy a gambler implores that will determine the outcome of a sports match. The only games I can say for sure that indeed, there would be strategies that could aid the gambler to win is card games, like blackjack and the rest, someone who have mastered the game can indeed implore some strategies born out of long experience of playing the game, but then again, for such strategy to work, the casino have to be an honest one, most especially if playing against the casino themselves. So yeah, gambling generally is much more of being lucky, if you ask me though, strategy is only possible in skill based games . Gambling games could really be classified whether it would really be pure luck or strategic based and this is where people would really be tending to make adjustments on how they would really be dealing up with a particular games. Speaking about constant wins then if this one talks about on pure luck then that wont really take too long because those winnings would be taken back by the casino in due time and this is why it would really be always that relevant that you should really be stopping mid way and call it a day to secure that win and you could be able to make use on other day which you dont know if you could be able to make it big or would totally lost. This is why it would really be always important that you do really know that gambling is really just that for fun and not something that gives out assurance that you could really be able to make money with it on long run. Unlike when we do deal up with sports betting and some card games which skills and knowledge could be applied then it would really be an advantage but it isnt an assurance that you would be making yourself that successful. The point here is that you should really know on when to stop and call it a day or simply trying out to enjoy games and dont mind much about making money. |
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There are thousands of shitcoins and meme coins in the cryptocurrency world that are the most scams we have seen in the past. And most of the people investing in this meme coin lost a lot of half, those people are mainly newbies who don't understand anything about the market and don't have good experience. Those people invest in these shitcoins and face scams, and lose their money at some point. Most of these people are newbies who join crypto and choose to invest in a few that have pumped a lot in the past that will never happen again, those newbies lose their money. That's why a new user should never take such a decision, he must be well experienced before taking a decision to invest or risk and face scams. So a newbie must take good experienced advice before investing, and stay away from meme coins must invest in bitcoins only to be profitable.
Not just newbies but everyone must take extra caution when investing. Scam projects don't just point out meme coins because they are even known and old coins turn into scams, can't forget about Terra Luna? Meme coins like Dogecoin, Shiba Inu, and Pepe coin make another hyped history in the crypto market to gain attraction and meme coin investors. Although we can say that a lot of investors lost their money from these projects, we can't deny the fact that early investors become rich as well. Actually, whether it was meme coins or even in known coins in the market, we can still lose our money if we can't timing the market and much more if we are impatient. Yup, that's very important. Patience is the key together with deeper research and good understanding with a project that you are targeting to use as an investment medium. It's more about how you balance both the risk and the opportunities that you can earn. With good understanding, either meme asset or real project, timing is the key, short or long either way you can earn possible benefits. Easy to say but when you are on such situation then decision making would really be that hard or something that cant really be that really be done so easily and this is why people would really be keeping those errors because they are really that being hindered with some factors which would really be mixing up their initial thoughts and the plans that they had made out earlier. This is why it would really be that important that if you are really that planning to make investment then always be having that kind of acceptance of the risks that you are dealing or taking. Always be that adaptive so that you wont really be making yourself that impulsive because on the time that emotion would kick in then everything would really be messed up because earlier plans wont really be followed on which created by another new one. What makes even more harder is that due to lots of coins that we do have in the market then it wont really be that so simple but if you do stick simply into those top ones then it would solve out the problem but since we are really findings ways on making more money then this is where we do consider on investing with other coins neither other altcoin or some memes. |
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If the current fiat ecosystem can't protect us from inflation, then I don't believe Bitcoin can. It's because Bitcoin isn't part of the fiat ecosystem yet. It's a digital currency that exists virtually and couldn't act directly in a fiat ecosystem. Still, we are unable to use Bitcoin for our daily lives; hence, we shouldn't expect it to protect us from inflation through Bitcoin. But if we are in Bitcoin and could gain some money from it, then it might help us survive inflation. We are earning something out of our real lives that could help us fight inflation.
People should somehow realize these points on which it is really that something a realistic approach on which it is really that wise on having this kind of thinking rather than on making yourself believe that Bitcoin could save you up from inflation literally which as mentioned that it isnt really that on the ecosystem for it to be considered as a replacement on which it is really just that digital currency which its value is really that having the potential on increasing but of course there's a risks involved into that. It did really just turns out that there are people who do really goes into the point on which its not something that true or ideal anymore which makes them that too numb on whats around and whats the reality that they are missing. Its true that Bitcoin/Crypto could save up your @ss on this worse economy where it do involves with that nonstop or inevitable inflation with the current fiat system and there's no stopping with that and with this then it would really be just that normal that you should really be taking up some action for you to be able to survive or sustain. |
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Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances. buy now or buy never. That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled. Classic error for newbies who think they can time, and then rally comes and they miss the ship  I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it. So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower. Ah but you can just buy again! So we have a dip now, I sincerely hope that with this the people who were holding out for "the dip" have actually bought it after waiting and waiting and havent partaken in DCA. This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of sub $30k pricing will get les and less as we move closer to the halving and even the six months prior tome frame. People should realize this on which they should really be setting up those lines in regarding about selling point or target numbers for them to release their bags and would be having that another cycle or set of positioning when the time comes that the market would really be making out some significant move. Due to unpredictability of the market then you cant really just make out that DCA method so easily even if you do have that money or finances for you to be able to do such thing but due to movement and having those doubts that it might be getting to bottom even more on which this is something that we would really be assuming that it would happen and this is something that normal, even myself which i do make trades for how many years but when it comes to positioning then you would really be having doubts on taking up some action. This is why it would really be always that wise to set up those lines on how low you could really be able to get low and would make out such movement because dont let yourself that waiting up too much on which it might causes for you to miss out those opportunities for you to dive in but well every move or action be taken would really be that involved such risks. |
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Though the majority of the cases usually is the gambler not really paying attention to the T&Cs, there are cases when the casino changes the terms instantly before they hand out some pretty gut-wrenching decision against a user. They'd enforce that newly-revised ToS no matter what, and get their money from the user. These accusations are not always unfounded because we have seen it happened before, though it's not too common of an occurrence because casinos that are left making the rounds in this forum are trying to protect their image.
When a casino faces up some issues then it would really be that normal for people would really be throwing some accusations basing up on what they do experience without even trying to look that they are really that having that at fault too or having that mistake. They would really be throwing issues and complaints without even trying out to realize that they are the ones at fault.This is something not really very new but as we do all know that the community isnt really that dumb on whose to see at fault because we would really be normally be finding out those informations whether the casino is at fault or the user itself. We the community would be the one to judge whether its a legit accusation or not. Failing up on reading up casinos terms and conditions would really be totally be leading into some headache and if you are expecting on something which it didnt happen because it doesnt abide casinos rules then it would be normal that you would really be experiencing problems. |
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I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
Reality of the society that we do have today on which government would really be always having the control most likely on which if there is really that a monopoly and then its really that been allowed by them then expect that corruption do really happens on which on the time that they are really that benefiting big time then expect that they would really be just letting things to let it slide and go as they pleases and this what really hurts the citizens even more and making living as a struggle specially into those people who do have only sufficient income for their needs and expenses and whatever increase or add up will really be an additional challenge which needs to be faced on. Somewhat there are goods which prices cant really be that controlled because it would really be basing up with world market and this is why we cant really be able to point out fingers that every goods are really that been hoarded with those suppliers just to intend to mark up those prices. |
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Investing in new projects were of high risk than investing on a known project. The top altcoins on the market gives the increased chance of profiting whereas we don't know what happens with the new projects. This can reach big or it could drop down in no time. For this reason most of the time people never suggest to invest on new projects. Even if someone wants to invest, it is good to go with the amount what one can afford to loss.
Well, choosing to invest in a new project does have a big risk, but by choosing the right project, the potential profits can be very large. it's just that, as you say, we need to use money that doesn't even change our lives when it's gone. However, choosing the right project is not easy, we may not even be able to get it when we have done in-depth research on the project. It's definitely not easy to choose the right projects in a market that has become so saturated and there are new projects coming out every now and then with big promises and showing good visions and everything to trap investors. Some projects might actually be easily noticeable that they don't have any potential for growth in the future once you look at their team, which is either fake or inexperienced, they won't have any advisors, no social media presence, etc. But some projects don't let investors know that they will run midway and aren't actually here to stay. They will curate a good whitepaper, they will have a good social media presence, and they will also be promoting the project heavily which will make investors think that it is a serious and good project. Totally saturated even into those years 2016-2018 which investing on new projects is really that too damn hard because those years are really that involving that tons of ICO made by project owners on which it would really be boggling up your mind and emotion on which projects you would really be investing into. How about in todays years on which it is really that very damn hard to choose on which one would be having that potential or simply that gem which it could really be able to make us rich. Pretty sure that this would really be the main motivator on why we would really be trying out our best on looking for the best. DYOR always but put up into your mind that whatever good of the analysis or research you had been done, its not really that making out guarantees about success or making huge money or ROI with your investment because it would always matter about the community demand and recognition in the end of the day on which we know that only a few selected ones which would able to make through and the rest would really be just eventually die and wither away and that what makes other investors would really be hesitant on dealing with this market which i could not blame them though. |
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Hey all, I am new here: I've been reading a lot, and not posting much at first. You have a great place to learn at BCT. When trading crypto do you expect better, from yourself, but then impulsively jump into things due to FOMO? Has anyone reading this ever found a cure? How do you permanently change and naturally be patient? Thanks all.
-- it will be done slowly. maybe after novice traders start to get trapped and experience losses because they follow their ambition to make a profit. Maybe every novice trader also does something similar. Even every professional trader today may also make mistakes when they start trading. I can call it the experience of a trader's journey to become greater. but it all depends on the trader's ability to make decisions after what they experience in trading. It happened to me almost at the beginning of my trading. I'm still a beginner trader and still adjusting to it. It is just like you know where the price is likely to go, you know when to make a move. You know what session to buy, but then... I entered an unnecessary trade. My wins are also being taken by my small losses considered as human error caused by my impatience, greed, or boredom. What I would suggest is to have a constant review of your behavior and work towards your negative notes little by little. Don't overwhelm yourself. Another is to have a life outside trading. Don't rely too much on your profit for your living or else you will carry a lot of pressure on your back. Mistakes or errors are really that the stepping stones to make yourself that better which it isnt something that would really be limited just with trading but also in other things as well on which you would really be that able to apply on whatever things that you are dealing specially if you are really that a complete newbie where mistakes is really that common and something that would really be that the main challenge that you would really be that needing to adjust accordingly basing up on the things that you do encounter. It would really be just that common sense that you would really be adjusting out basing on what you had faced on. You wont really be that that so dumb not to make out some adjustments if ever you are already that aware on the condition or situation. Speaking about unpredictable markets then we know that this crypto space is really that totally having that volatility and unpredictability which is really that more than into those typical investments and markets that we do encounter.This is why having that emotion and mind control would really be that necessary for you to be able to sustain yourself at least into this space. FOMO and FUD are the main things that you would really be able to meet up along the way. |
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Hey gamblers' community, hope you're all doing great.
I wanted to convey my message here that gambling in front of our kids may put adverse effects on their growing minds and they may also take the wrong path and start gambling (either by asking you personally for funds or by stealing it in order to fulfill their gambling cravings).
I'm sharing this because I saw this issue with my kiddo who was once watching me gamble at a website playing blackjack and she started asking me more about the game. Then one day, she wanted to play it herself and asked me if she can go for it and I said "no, it's not your legal age to go for such games". So, it's better to keep our kiddos away from gambling and let them focus on their studies, else it'd actually ruin everything for the whole family if the kid takes the wrong path.
We know that our children would really be definitely be doing things on what they are seeing into their parents on which it would really be just that normal that they would really be that idolizing on whatever things that you do because we know that everything that you do would really be definitely be right or something which is good within their eyes and they would really be definitely be following it no matter what. Now that they are really that seeing things like on the time that you do play then they would really be definitely be thinking that it is really something good and it does really influence out completely and instill into their minds that it would really be just that fine to do also since their parents are seen that doing such the same stuff. On the time that they would really be become addicted to it later on then there's no other that should be blamed but only yourself but its good that you have told them about the legal age but i highly doubt that you could completely be able to stop your children knowing that things could really be easily to be engaged on the time they would really be tending to do so knowing that its already that hitech nowadays and accessibility is really just that easy as pie. |
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I haven't seen anything spectacular in the appearance of this exchange, at least judging by what can be seen in the archive, and I honestly don't believe that just using this exchange was an amazing experience. https://web.archive.org/web/20230530195659/https://txbit.io/What is more worrying is that people continue to use anonymous and dubious services under the pretext of exchange. Shouldn't we be more careful to whom we entrust money, even for a short time just for one trade? I agree with you. I just checked on the archived version and nothing special visual wise... maybe functional wise, which OP did not mention. Maybe he should just move on. I also experience the difficulty of using a new exchange after moving on from an old one, but I would eventually get used to it. How many still remember the old days of Bittrex and Etherdelta?  Poloniex, Etherdelta for DEX and then Bittrex which those exchangers are ones dominated those early years until they had been replaced by Binance and some known platforms like OKX or KUcoin .. lots to mention. Link given above for the said list which it is really that ideal that you should really be simply sticking into those reputable exchange platforms.Been using up before with Kucoin because of that non mandatory but they had changed up that thing and goes along with the standard and have that mandatory KYc which is shit. https://www.coindesk.com/business/2023/06/28/crypto-exchange-kucoin-to-introduce-mandatory-id-checks-next-month/Txbit.io? I havent been able to hear up but basing on the long list of current number of exchangers then its not shocking that lots of names cant really be memorized one by one. Its better to make yourself stick into those high ranking or reputable or known ones rather than on going into those non popular because majority of them arent really that could be trusted.Hence, top platforms does have it all. |
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2. Put the numerical index of the order of this into a deadman switch which will be sent to them if I fail to respond for my chosen period / times.
This looks a bit problematic to me. You may not respond for a long time for some other reason. It is probably a better idea to trust a third party like a bank in this situation. I know banks suck but sometimes there is no need to make life harder when you can choose the easy way and in this case banks do win in my book. You may still pass down your coins btw, let them stay in a bank deposit box, write a will and get it notarized so everything will be official. If go with the unofficial way, you will always have doubts… There are lots of people doesnt really trust up banks eh? You cant blame them though but i would really be totally agreeing on this set up on which having a will and make it notarized so that if ever there would really be some problems occur then you could really be having a fight or could really make out complaints and instead on making yourself that hassling and stressing about inheritance problem on how you would really be able to pass your coins into your family on the time that you do pass away then it would be that simple and less hassle i would say. This is what im planning too soon but since im not really that holding much coins which are really worth to be passed on then it would really be better to have those conventional ways like keeping these keys on a USB wallet and tell them about on how to access coins or converting them into cash once i do pass away but of course those flashdrives would really be keep hidden as much as possible. Of course i dont like for them to access it out while im still living but i might be putting it on a will because we dont know on what happens tomorrow whether we die or not. |
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My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.
I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.
Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.
You sound to be highly aggressive on you Bitcoin accumulation approach a d that is a good step in accumulating Bitcoin using the DCA approach, and at that you may even not be speculating the price of Bitcoin in the next 7 year which is 2030 as stated by the ops, but also still we have to take note of what the impact of Bitcoin market capitalization on the price of Bitcoin. Since in 2030 Bitcoin may have gone through 2 halving cycle that would have reduced it block size, and more also having a high Bitcoin price at that point that bitcoin accumulation may become too expensive at that stage. Not a sure thing but with those numbers and situations where block rewards had been halved for 2x plus the recognition on the time or awareness then we could really be able to assume that it would really be that expensive on that time but somehow we dont really actually know since it is really just that still 7 years away and we know that there's no way on knowing on what the future would really like be, this is why we do really keep on speculating and trying out to figure on possibilities basing up on the factors been mentioned above. If you are really that longing for its potential for more years to come then it would really be that wise on trying out to accumulate now while its still cheap. Dont make yourself get missed another train which we had been able to experience those bitter things on past 2 halvings which even myself keep banging on my head on why i hadnt been able to buy while its really that still cheaper. People would really be starting on making their move or plans on the time that the price makes some movement but we know that its always been hard to predict on where it would be going and this is why its not really that shocking that people will really be hesitating on what they should gonna do specially on buying. |
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I am also curious if it can affect any relationship if you just keep winning instead of losing.  Like for example, the way you provide for your family is by gambling, it's like your source of income, it's all in gambling. But overall for me, it's really not good that your priority is gambling instead of any of your relationships like family or friendship. Totally agree on which if you already compromising your time and your priorities then this is really that affecting you badly which it would really be resulting into such things that you didnt really that expect to happen. Be sensitive on people around you and dont really forget your priorities because things turns out to be a mess when you do forgot your usual things specially spending time with your family,friends and other relatives. If you do able to stay still on what you are before then it would really be just that fine on doing gambling even on everything that you do as long you dont forget your priorities then it is really just that fine. Gambling could really affect your mentally and emotionally and you do able to forget the things that you must do specially if you do have your family. Play gambling on your free time and on the moments you get bored and never ever make yourself spend up the money which is really more than on what you can afford to lose. Use extra always and dont compromise your family life savings and emergencies. |
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I personally just prepare my Bitcoins, and trade to increase the quantity of Bitcoins I have.
With such a strategy, have you been increasing your holdings that way? It is not usually very profitable to trade Bitcoin in a position for a short-term profit; not that it's absolutely not profitable, but in some market situations, it's usually very difficult for you to make decisions that might cause you to sell at a loss, believing that the price will fall and you will buy back. But if it's been a working strategy for you, then you can continue, although having to use all your holdings to perform the trade is kind of risky. For example, if you have, say, 0.4 BTC, at least you can divide it and use half. He basically meant he is holding up BTC and just keeping an eye for potential altcoins. Dont think he is a regular trader to catch market moves on a daily basis. Each person does have different approach or handling when it comes into their portfolio on which this would really be the ff; 1. Having long term bags and accumulating Bitcoin solely 2. Having long term bag on BTC but making some partitions on making short trades on BTC 3. Long term/Moonbag hold of Alts 4. Short term trading with alts Its always advisable that you should have at least that available funds which in case the market would really be making out some dumping movement then you could really be easily be able to accumulate or having the chance on buying cheap and this would really be a huge advantage i should say compared to those who do have limited funds but of course not everyone does have that kind of financial capability and this is the reason on why we are missing tons of opportunities that this market gives but well this is really just that part on what you would really be able to experience on this market. Agreed on the facts. Long term bags for BTC and potential alt coins is the best strategy in the market. I initially started as an investor in BTC and trust me that was the major profit i made without any headaches. Wont really be having those headaches as long you do able to make yourself that limiting that investment because we know that there's no such thing about guarantee if we do speak about investment because risks would always be lying out with this thing where possible crashes and pumps could happen depending on the market demand. We know that crypto market is really that volatile and it would really be just that right on having that good approach even though its speculative but it would be ideal that making up some analysis would be always be having the advantage. Always set Plan B's because if you do find yourself not prepared then you would definitely get shocked on how this market moves. Also, dont make yourself stick out into that basic principle about relying into those past events on trying out to reflect on what would happen in the future.Its not something that would make out assurance that it would happen in the present or in the future. This is why it would be always ideal on making yourself that fully aware on things so that you wont really be that disappointed if ever things go south. |
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Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.
Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences. Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox. The situation for FTX was different. They have done insider trade with customer funds and taken massive losses; they have donated money in an election campaign with customer funds; they have used laxurious resorts; and they have done unnecessary expenses with customer funds... Binance hasn't done anything like this till now. If they do, we would know that from the SEC already. Binance's reserve of funds is transparent and audited. It shows they have more than 100% of their customer funds, and it's not in their exchange token, BNB, like FTX has done. If they have to shut down their exchange, they will be able to return all of their customer funds. If their audit report doesn't lie, then they will not go bankrupt like FTX. We could really see that transparency and we arent that blind that they are really that capable enough on paying up their users funds if ever there would be some bankrupt which they have called it SAFU funds. This is the reason on why they do get that trust and confidence even more and this had been proven out on that previous problem that Binance did experience on which they do really be able to reimburse into those people who are affected which it did make out some bad impressions but it didnt last that long because Binance did really show that they are really that capable on paying it up. Comparing to FTX then those are solid points that you had mentioned when it comes to spending on things plus that having transparency which it is the main reason on why Binance is really that still sitting on the top if we do speak about the current exchange platforms that we do have today but i do agree on some points above that placement or ranking on next 5 years would really be still not an assurance about their dominance in the market, we cant really be able to know on what are the things that could happen in the market in that time. |
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