If we are talking about extreme volatility, then yes, the market isn't that volatile at the moment for a lot of reasons including market sentiment, not much news both positive and negative, and lower trading volumes of course, but volatility in general is still present because the prices of cryptocurrencies including Bitcoin are still moving up and down every single day no matter how small the movement is.

People are buying and selling but the volumes are relatively lower at the moment, and as soon as that starts going up, the market will start getting more pace and will start going up more and we probably have some time for that to happen right now.

There are more scalpers and short-term traders in the market than holders in my opinion, so this was most probably a great opportunity for a bigger part of the whole market and a lot of them must have missed it since it was sudden, or maybe those who are good with charts and technical analysis might have had an idea that this will happen and I wonder how much profit futures traders must have earned from this if they were longing Bitcoin just before it.

It will be interesting to see some stats and figures about how much profit traders got and how much money was liquidated just because of this. I'm pretty sure that a lot of traders must have been expecting the market to go down but it must have surprised them by this sudden drop in the price.

The hardest and most difficult part to explain about being a long term bitcoiner is the fact that I am not wealthy at all, I am not even rich, and by many high priced western nations I could be even considered poor, not so much in my nation of course.

So when you say you are a veteran, people ask why you are not rich, I have been here for 10 years, and I have made a lot of money and never worked in an office for the past 7 or so years, made all my income from bitcoin, that should be enough, but they expect someone who has been here for 10 years to be at least a millionaire if not more. So, it is really not something that matters all that much, but I do agree with what you said, and I think all the veteran bitcoiners would agree to that.

People nowadays create tokens or projects with literally any name, lol. There is a bubble gum product here that is called Ding Dong Bubble, is this project is actually named Ding Dong then it is so hilarious, to be honest, and people also think that such projects can gain significant success. I would never invest in a project without a unique name and branding and simply copying the name and the branding of something existing and creating their own project with it.

And such projects barely provide any actual use case for the community other than fake promises of exponential growth and promises of products to be released in the future which never comes and investors keep hoping that things will get better over time but nothing actually happens and the projects keeps going down.

What makes us think that Bitcoin can't have more than one purposes? It can be used as a payment method when possible since it provides seamless and decentralized payments and it can also be used as an investment asset since it is volatile and can provide significant profits on investments.

A person should learn everything about Bitcoin and the market before getting involved financially. After making investments, you might earn experience but to be able to do that in a good manner, you need knowledge beforehand.

In the presence of Barcelona, Real Madrid and Atlético Madrid they are at the top with no lost in first seven games is surely impressive start for them with last win against Villarreal is surely having amazing stuff and most chances they will keep things in coming weeks as well now in eight round they are going to face Real Madrid at home which is surely challenging match but with this current form and performance it's going to be entertaining game.

Real Madrid is trying to fight back after defeat against city rivals, and they are doing their best for staying at the top, but Girona is surely not easy opponent because their attack is impressive which is allowing this team for having impressive start of this season and enjoying this spot as well for the time being.

I don't agree with that, I know that they strive to provide the best services for their customers but that is because they don't want them to leave and choose a different exchange, and when it comes to listing cryptocurrencies, if they actually looked at the future or innovations before listing them then I believe there would be no meme coins listed in Binance because meme coins don't really have any clear future nor they have any good innovation to offer.

So, the very first thing that they think about is how they can get more profit and if they know that a certain coin or a token is being hyped heavily by the community, they go ahead and list it because they know that the token will be traded very well and that will bring them profit in the form of trading fees.

That's the exact point. Bitcoin is so popular and in demand, because it was the very first cryptocurrency in the world and other cryptocurrencies were created following its success and rising popularity back in the day, and the whole thing is that it has had a very high demand for a very long time and that is the reason why it has such a high value, otherwise, any coin with a limited supply could become another Bitcoin but the demand can't match Bitcoin's demand.

Almost all the cryptocurrencies that were ever created basically aimed to become as good and famous as Bitcoin but they will always be alternative coins because Bitcoin is one and it's unique and that uniqueness is not only because it is completely decentralized but also because all other cryptocurrencies other than it are altcoins since Bitcoin was created before them all.

Well, your uncle has told you the basics, and you will need to learn the rest yourself. There is actually no rocket science in here unless you get into technical stuff about Bitcoin and blockchain technology which is not necessary unless you want to learn it just because you want to, everything else is easy to learn if you have an interest in it. If we talk about the forum, you should learn about the rules and stuff and understand what you should and shouldn't do in here.

When it comes to investments, make sure that you stay vigilant since there are a lot of scams in the industry and they usually target newbie investors and lure them into investing in their fake projects or exchanges that don't really exist but since you already know that Bitcoin isn't a get-rich-quick scheme, you should be safe from all that.

A lot of people actually compare gambling with trading because of futures trading which might have some similarities with gambling but it's still a lot different than gambling itself because futures trading can be profitable if someone has enough knowledge and experience about the market and how it moves because you make the trades based on your research and analysis and you don't lose the trades all the time if you are doing it that way.

Sports betting has more similarities with futures trading because when you are betting on a sports event, you need knowledge and experience about the sport and the teams involved in that match so that you can choose the side that has the highest chances of winning and you can win more if you are knowledgeable.

They will learn over time. We were all newbies at one point, and there were a lot of things that we didn't know, we obviously used to do a lot of things that we were not supposed to do that way, but as time went by, we learned everything little by little and today we are capable of discussing the mistakes of other newbies. So, the main issue is if they don't learn over time and keep doing that even when they get old even if their rank stays the same in here.

When you are learning and growing, your mistakes will mostly be ignored because people will see that you are at least progressing, but if you keep making the same mistakes again and again without showing any growth, that makes it difficult for people to ignore the mistakes you are making.

Well, there are always buyers and sellers in the market, it's just that the scale for those buys and sells is lower than what it requires to pump the market or make it dip. The halving is not a guaranteed indicator for the bull run, people expect the market to enter the bull run right after the halving which doesn't happen because the halving doesn't magically make the price go up and it depends on when people actually start demanding for Bitcoin so that sellers can start asking for a higher price.

However, from what we've seen in the past, the market starts going up slowly after the halving or at least around that date, and we will see if the same thing happens this time or not. It is also possible that the market only starts going up after a few months from the halving event.

Do you really think that he has researched the project and then came here and created this thread and also other threads that he keeps creating in this or other sections of the forum? He is either a part of the project or has been paid to do this, it's a pure tactic to create some hype within the community and possibly get some investors out of the crowd that reads all these threads. However, I don't know if things like these actually work for these projects.

Have you ever invested in a project after reading a post from a newbie praising it in a public forum? I don't think people do that, and that is not how investments work. They need to understand that they will need to find another and a better way to market their project if they think it's a good project.

It makes it very difficult for a gambler to not spend everything if they have it in their balance already. So, if someone wants to spend a specific amount for one gambling session, they are supposed to only deposit that exact amount instead of making a large deposit thinking that they will spare some of it for later because most gamblers don't have enough self-control to be able to stop when they need to and they will probably spend the whole bankroll.

That's why, if I want to gamble only $50 for today, I will just deposit $50 so that if I lose that amount, my account balance will be zero and then I might get out of the casino. But if I deposit $100 and want to spend just $50, even if I lose the initial $50, I can gamble more since I see I have more balance and I might think that I will recover the money with it and then lose the remaining balance as well.

Well, we can hope for Bitcoin to be the king forever, or at least until we are alive. However, the world keeps changing and so does the technology, it keeps getting advanced and even though we might think there can't be a better thing than Bitcoin and blockchain technology, the time will surely surprise us and the whole world might see a new innovation better than this. For now, it doesn't seem possible and we will keep saying Bitcoin is the king.

The reason why Bitcoin leads the charge is because whenever the market conditions start changing, people react very quickly with both Bitcoin and altcoins that they are holding. If they see the market is going up, they start buying both Bitcoin and altcoins, and the same happens when the market starts going down.

Well, that doesn't seem to be happening this month because Bitcoin is still moving sideways between $25k and $27k, it has tried a couple of times to break out from this range and go up but it failed and it is back to where it was a bit earlier. So, I believe we might see some action next month which we couldn't see this month, but it's obviously going to be difficult for Bitcoin to break out of the resistance at $31k which was pretty strong earlier.

If we are aiming for the market to reach at least $38k by April, next year, it will need to start going up pretty soon because it will obviously not go straight up from this point and there will be small dips and corrections in the way which will make it take some time before it reaches that target.

It basically depends on one's personal financial goals and targets whether they want to sell or hold for the long term. Most of us might buy and hold our assets for as long as we can because we always aim to sell when the bull run is there since those are the times when the price of Bitcoins goes significantly high as we have seen that happening in the past, but some people won't have the same thought and they believe in buying and selling for quick profits.

However, I believe that if someone can afford to do so, they should go for doing both. They should buy some Bitcoins and hold them for the long term, and if they have more liquid assets left, they should buy and sell Bitcoins or other cryptocurrencies and sell them after a short while to gain some profit.

That totally depends on the coins you are buying and their growth percentage in the bull run. However, the higher the capital is, the higher the profits will be. For example, if Bitcoin is priced at $30k and you buy $15k worth of Bitcoin, when the price of Bitcoin reaches $31k, you will get $500 in profit, whereas, if Bitcoin is priced at $30k and you buy a whole Bitcoin, you will earn $1,000 if it manages to go to $31k. That's how a higher capital affects the profit percentage you might get.

That being said, it still will depend on the coins or tokens that you will be buying when they are low and selling them when they are high. You will need to get 13x profit if you are using $10k as your initial capital, in the same way, if you are using $20k, you will need to get 6.5x profit in the bull run.

To be honest, one can't really earn huge profits with a small capital if they are investing in Bitcoin because the growth ratio of Bitcoin has decreased over time. If you are investing $200 in Bitcoin when it's priced at $25k, you will only get $400 on top of your investment if Bitcoin manages to touch $75k which is not really a huge profit but it's just 2x of your initial capital. Huge profits with small or medium capitals were possible when Bitcoin was relatively low.

I agree that the pace at which cryptocurrencies move either up or down is significantly higher than the growth percentage of gold, stocks, or any other market in the world. However, when there is a very high potential for greater rewards in a shorter period of time, there are also great risks associated with it.

How does that make it any different whether you have the money as cash or in credit in your bank account? If someone has created a budget and spends money only according to that, they can always save money whether they are kept as cash or they have it in their bank account. However, if someone spends money without making a budget and spends on anything without keeping a count, this way the money tends to finish way more quicker than that.

That is the reason why I always recommend people to create a budget and spend according to that so that they can also have some savings after all their monthly or weekly expenditures. When you spend money according to that budget, you will not spend on extra things which makes you save more money.