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I am not sure about the average bitcoin buying price because, since 2015-2016, I am tried to buy bitcoin every time the price is a dump. But maybe the price will be at $1k- $50k because I think that is my average buying price and in that range, I have so many buying and selling prices. But at this moment, I tried to buy bitcoin from $30k-$34k and sell it if I see the profit.
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Be careful. The trend is still going down and maybe it will reach another lower price.
We do not know how long this downtrend will happen, but it will be a good chance to test the movement by buying a small amount to see where the price wants to go later.
If the price still goes down, we need to break for a while and do not do anything except watch or analyze more to find more signals. Maybe it will touch $31k or even lower, so please calm down for a while.
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In summary, that's just all about cutting your loss.
Defensive in all of your trades and in taking profits, you're not that greedy at all. With some few percentage of profits 5%-10%.
You're already taking profits or even less than 5%.
It is better to take profits 5%-10% than nothing, especially if the price is unpredicted. Cutting loss can help us prevent bigger losses, but that will not always work as the price can directly bounce to the high price and sometimes, the price can increase more than the price you see before. But I am not sure about the indicator as there are many things that the beginner should learn and I do not think they can understand in a short time unless they have a gift in trading to be familiar with one learning. |
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I think the gift giving is a surefire step for Poland to get its citizens to want to vaccinate, in contrast to some countries which are only limited to urging their citizens to vaccinate, and even in my country now has implemented very strict rules and there are also restrictions on activities for the community to prevent the spread of the virus, and in my country there are still many people who are against the government's recommendation to vaccinate so this causes the government a little difficulty.
Maybe that is because that country does not have more funds to create a lottery than Poland, so they only suggest their people vaccinate. I think that will not be a problem because that is for people's health, and people need to realize that. The virus is already spread in many places and there are no signs of stopping, so it is better to follow what is suggested to us, although that still does not fully protect our body and health. |
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Now that bitcoin price has fallen and around $30000, though it is currently at $32800, I am thinking it is right time to invest, I want to divide my bitcoin investments into 5, this means if the price of bitcoin decrease after I invest, I can still invest further. My first investment was at $31000, if the price of bitcoin decrease to $30000, I will invest again which will be the second investment. If the price decrease to $28000, I will invest again. If the price got to price decrease to $25000, this will be my fourth investment because I will invest at the price. The last investment will be at $20000.
The reason i am doing this is because bitcoin will still increase over $60000 again. Is this a good investment plan?
I see that this was a good plan but I think you need a big capital for this kind of plan, and there is no big profit on this plan if you will do it with a small capital. It is still also depends on your luck there is no assurance on it there is also a big possibility of falling after investing. He can use his money and I think his plan will work well, as long as he can stick to his plan. We can assume if he will use $500 and for every investment will use $100. And if the price jumps to more than $100k at the end of this year or next year, that still a big profit for him, although he only uses $500. Unfortunately, he does not tell us how much money he will use to invest in bitcoin. We can only guess. I this his strategy will work in the future. Every person does have their own capability towards financial which means we dont know on how much he would be putting up and it all varies on someones target or choice. Thing here is that you do know about risk because nothing is guaranteed in future because we dont know if bitcoin would progress on upcoming years to come or wouldnt really make any significant move so it do really varies. Plan outcomes would neither result into positive or negative and when the time you do make out some investment then you should always anticipate whenever on what would be result. As long as he knows about the risk and can deal with the risk, he will be okay and make sure that everything can run as he wants. If somehow his plan is not working, he might change or modify it with other things and maybe he will add some to fix the problem. That is why before we invest in bitcoin, we need to know how to anticipate if the direction changes like today. |
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Hi everyone! Thanks for all the input and ideas. Regarding the questions above: There is no deposit minimum  These are our withdrawal fees: Bitcoin: 0.4 mBTC Bitcoin Cash: 0.003 BCH Litecoin: 0.006 LTC Dogecoin: 6 DOGE Ether: 0.004 ETH Tron: 0.2 TRX (We will be updating our FAQs asap!) Regarding promotions, yes we hope to do a promo soon, so stay tuned! It is good to see you are back to this thread and tell us about the minimum deposit and the withdrawal fees to know how much we should withdraw. If you have a promo, maybe that will help you get more members who want to place a bet and predict who is the winner from the game. We hope you can adjust the fee when all of the coin prices are changed. So are we expecting that futuur team will make some sort of promotion to remind their followers about this development?
Promotions will definitely give a lot of attention back to Futuur, maybe promos like the ones which they have held before can attract more players, like this one Futuur • Predict & Profit! • Free Prizes for Top Forecasters!I remember this one when @Hhampuz beats the game and become the winner  But of course Promotion will keep bringing good effect to the site and hope they will continue promoting in this forum like what they did recently . Going back to this site, I only have Ooms coins here and my win rate is 81% so far and still has some bets that results will be known at the end of this year. I think, with other alts now, I can use my TRX to play. But where can we find the min requirements for deposit? I couldn't find the details when you press the depo button, so I am assuming, there's no minimum deposit required? No minimum deposit and this is one great site to play with your altcoins than their Ooms lol. also TRX is cheap coin that has cheap withdrawal fees. @tippytoes is at number 4 from the leaderboard. Congrats mate You have won many Oohm on that site. |
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Indeed. It is difficult if we become ambitious to win, especially if we do not see our chance of winning because that will make us unable to see enough. Gambling is part of entertainment so we should use gambling like that and not use gambling as a source of income. By doing that, that is a small part of being responsible for ourselves in gambling.
If we don't see ourselves have the chance to win, we're only throwing money on it. We have to make sure that it's going to be valuable with every bets that we put. There are YOLO bettors and that makes sense that even if they see no chance of winning, they still put bet. But a responsible gambler, he sees more of the advantage than YOLOing. Many gamblers are doing it like that because they think they will have a chance to win and lose their money. But when we can become a responsible gambler, we always calculate the chance to win and if the chance is not big, we will decide to stop gambling. We only continue gambling if we do not think too much about winning and only want to enjoy the moment to have fun playing the gambling games. |
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Now that bitcoin price has fallen and around $30000, though it is currently at $32800, I am thinking it is right time to invest, I want to divide my bitcoin investments into 5, this means if the price of bitcoin decrease after I invest, I can still invest further. My first investment was at $31000, if the price of bitcoin decrease to $30000, I will invest again which will be the second investment. If the price decrease to $28000, I will invest again. If the price got to price decrease to $25000, this will be my fourth investment because I will invest at the price. The last investment will be at $20000.
The reason i am doing this is because bitcoin will still increase over $60000 again. Is this a good investment plan?
I see that this was a good plan but I think you need a big capital for this kind of plan, and there is no big profit on this plan if you will do it with a small capital. It is still also depends on your luck there is no assurance on it there is also a big possibility of falling after investing. He can use his money and I think his plan will work well, as long as he can stick to his plan. We can assume if he will use $500 and for every investment will use $100. And if the price jumps to more than $100k at the end of this year or next year, that still a big profit for him, although he only uses $500. Unfortunately, he does not tell us how much money he will use to invest in bitcoin. We can only guess. I this his strategy will work in the future. |
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Crypto is not trying to replace fiat currencies instead helps people to have a new investment (at least, that is what people do right now). In the future, if their government allows crypto to be used as a currency, it will work together with fiat so people will have an option to pay.
But with the volatility of the crypto price, I think crypto will be better for the investment than the payment method. But crypto has a stable coin that equals fiat currency, so people may use it to pay something.
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It is interesting to see that bank announced the launch of ETH 2.0 staking to their customers. Well, that can push the adoption to grow fast in the financial institutions as if this succeeds, the other bank will do the same and help crypto reach many customers from a country.
Maybe they can manipulate ethereum, but they can not manipulate all coins or crypto because ethereum is just part of the cryptocurrency. If crypto users somehow see that the bank is trying to manipulate the system or even blockchain, they will try to select the other and the decentralization will still decentralize. Maybe that can make ethereum lost its believers if that happens, but crypto will survive.
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The forum or website will depend on the keyword so that can compete with the other site. No matter what the engine software used, if the site does not have a specific keyword that have the most search in the search engine, it will not appear in the number one of the search engine page. I am not sure if by using a new forum software will attract more users to bitcointalk because I think many people come to here because of the keyword that they search with Google, Yahoo, Bing. But some of them come here because invitations that they see on the other website. If the forum wants to attract more users, maybe using more keyword or fixing a problem on the title or other thing can give a good result for bitcointalk.org in the search engine and can increase the rank for some keyword. This page https://bitcointalk.org/index.php?topic=4948780.0 explain something to us but that is quite old and maybe is not up to date. In that thread, we can see what it need to fix or add something. But I also tried with a free account at sitechecker.pro and here is the result: https://sitechecker.pro/app/main/project/2142795/audit/summary |
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Not many DeFi projects can survive in any trend because the DeFi trend itself is already over. But you can still take your chance to get the reward by staking some from DeFi projects and hold it for some time. If that DeFi project is good, I think the token will increase someday. But you need to be patient because we do not know when the DeFi project can rise again.
The bear market comes to the market while we are still waiting for the bull market to come. If you want to take that chance, I suggest you not risk too big of money.
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When renewables energy is used globally, the transformation from the current energy will follow to use renewable energy. That means the competition will become tough, and if Tesla is not modified or created new things than the other company, it will not have a chance to compete with them. Maybe Tesla can offer a relationship with all car companies and make a new company that will supply the market. But if all companies join together to blow Tesla, it will not be easy to compete with them since they will have big funds to beat Tesla. But that still more than a year and I think Tesla will figure out how to have a solution.
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So are we expecting that futuur team will make some sort of promotion to remind their followers about this development?
Promotions will definitely give a lot of attention back to Futuur, maybe promos like the ones which they have held before can attract more players, like this one Futuur • Predict & Profit! • Free Prizes for Top Forecasters!I remember this one when @Hhampuz beats the game and become the winner But of course Promotion will keep bringing good effect to the site and hope they will continue promoting in this forum like what they did recently . Going back to this site, I only have Ooms coins here and my win rate is 81% so far and still has some bets that results will be known at the end of this year. I think, with other alts now, I can use my TRX to play. But where can we find the min requirements for deposit? I couldn't find the details when you press the depo button, so I am assuming, there's no minimum deposit required? It seems there are no detailed explanations from @OP about the minimum deposit on Futuur. I assume he still busy doing something on his website. I am sure he will come back and tell us about the minimum amount for every coin on his site. In our account, we have Ooms, and I think we can use that coin to gamble while waiting for the next announcement from them. |
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The clock is ticking and the day already passes to go to that meeting and it is only 8 days later before the meeting will start. Before that meeting starts, I guess we will see a lot of news about that and we need to calm down because maybe there is a chance to do something that can allow us to make money.
I hope that the meeting will succeed and only give good news to the market and, if that really happens, push a positive sentiment at the market and lift the price to break the high price.
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For me the first rule of investing is not to listen to anyone, but if heard something, check it two-three times.
I havent invested a lot, and I’m not a frequent investor, but I have already “burned” myself with bad investments. Listened to someone promisses and bought something without checking what is behind that asset.
when we decide to invest, indeed the most important thing is to learn it first, whether in any investment. we can take for example bitcoin, which has not been legalized, but has a good opportunity to invest, on the other hand I think it also has a greater risk than land investment, therefore we can consider what percentage of the money we have to invest in btc As long as we know the risk and manage the risk, not become bigger, we will not have a problem. Bitcoin can be an investment thing even if many countries have not been legalized it. Besides that, when we have bitcoin, we do not have to report to our government unless they investigate the country's bank account. Investing or not is depend on our decision and it is better if we learn many things before investing so we know the details and do not panic when happening something. |
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Price below 40K is not a major milestone break. It will just consolidate at that level until big volume enter to push the price above 40k once again. Due to recent fud of China, Bitcoin needs a big good news equal or greater than that to overcome the fear index that we are experiencing right now. The market is full of uncertainty and doubt which result to indecision on trend direction.
If the big good news is not coming, maybe bitcoin will stay at the current price and not going higher or lower. $40k will be the first barrier that bitcoin price should break because that price is not easy to penetrate. The price now almost breaks the $33k level again and seems to go back to the $32k level. But even if the price is back to that level, the price will have another chance to increase. The market can not be predicted and it is hard to analyze where the price will go tomorrow so we can just wait and try to buy at a low price if we want. |
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Does gender matter? I only know that when trading, I only need to know how much to invest, and then enter the password to invest. No one asked my gender. As long as other people are interested in this field and are willing to learn about this encryption field, we welcome them.
No, gender does not matter because as long as someone can know about trading and have skills, that person can trade anytime. If women can join in crypto trading, they can trade like men but that is if they have skills in trading. But if women can trade better than men, that will be interesting because maybe the number of women interested in trading is not many. But maybe we need more data about that so we know how many of them. |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It is a good idea to hold bitcoin for a long time, but if you are a day trader, you can profit from bitcoin or altcoin trading so you will have a chance to make more profit. You can use your daily or weekly profit to buy your daily needs while you have a long-term investment that can grow your money value. But if you ask which is better: crypto trading or investing in crypto, that will depend on how you know about trading and investing. Some people are good at trading, but they do not invest, while others can hold their coins, but they do not have good skills in trading. If you have good skills and you can hold bitcoin for a long time, I am sure you will make a big profit in the future. |
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It's not just negative news from Chinese government, negative news from anywhere including the US can affect the price and this doesn't happen only to Bitcoin only. I happens to other tradable assets too such as stocks, commodities etc. Markets always react to news as traders look to make some quick profits or look for opportunities of buying dips.
Have you noticed that such bad new about bans become rampant only when it's a bull run and never in a bear market?
Now you know why.
Right. Not just China, any negative news can affect the volatility of Bitcoin. However, China is where the most negative news comes out, and it also has a lot of impact on bitcoin. And of course, China is the most populous place in the world, with the most investors, crypto projects and Bitcoin miners. So China can always have a big influence on Bitcoin and the crypto market! Hopefully, it will not happen too long because we know that bitcoin is strong and will rise soon. I believe we will see much good news about bitcoin, which can lift the price to increase and reach a high price because that has always happened since a long time ago. China really impacted the bitcoin price and made the price down, but the market will settle and start to invite more people to invest in bitcoin. If the price is down, we have got a chance to buy bitcoin because once the price increase, and we can make a profit. |
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