I keep seeing videos on Youtube related to how good this A.I project called ChatGPT is very good trading and we all know how unreliable those YouTubers are, so I bring this on here instead, have you use this A.I project for trading yet? Any one? UPDATESorry guys its actually OpenAI not ChatGPT  Chat GPT can help you but not accurately. If you follow the chat gpt you can get information from there but I don't think that information will be very useful for trading. Because you can generate signal as accurately as you can in trading platform but Chat GPT cannot generate that signal accurately. Although I have spent a lot of time on trading platforms, I have never traded with Chat GPT bot. Currently everyone is saying this Chat GPT AI trading bot is good but I will never accept it as good. Because I don't think this chat GP is suitable at all. That's how it is and we should know how the chat GPT works, basically it will only help provide basic and general information so don't expect more than that, which is clearly important to be wise in using technology. |
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The scam project are really big problem in cryptocurrency industries market, because many projects has come up with difference promise and end up being a scam project, just a few are legit, and to avoid a scam project, is to follow up the successful once that are succeeding in the industry before investing or joining.
Basically it's not that easy to avoid and we need definite effort, I think it's so important to do in-depth research because that way you can at least minimize, what is clear is that we must always be careful and consider many things before joining a project. |
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Heed what bittraffic said. We are 'still' in bear market, rather than diving into new projects, purchase prominent ones which are already surving right now. I.e, projects having active community, active development, partnerships— low risk and will give you healthy returns.
Yes it's a realistic choice and it's better than trying in a new project it will be much more risky, I think we need to be wise in making decisions by considering many things, as much as possible to minimize risk. |
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Am not confidence in alts but in the market which alts are also part of. The market determines everything regarding price and most investor only aim is to make money out of there investment. So whether you are an alts investor or btc investor the market is the determine factor.
And also there are few recent alts that can be beneficial in both short-long term period, depending on your interest there are several options.
For the latest altcoins, maybe we need to do some research and analysis first, when talking about altcoins I prefer to invest in top altcoins like Ethereum and BNB, both coins are certainly beyond doubt and in the long term it will be profitable. |
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For sure he just thought that it was easy to trade and just a single trade you will gain profit. He really make trading as a gambling and doing it without any knowledge of it. That is why no matter how much money you have in trading if you have no knowledge on it you will lose. Always learn first if you dont want to lose all of your money unless it was gambling that you are just basing on luck
In reality trading is not that easy and very complex to be sure, when trading and have no knowledge and skills then it is not recommended, what you say is true because by learning it will help. |
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Once upon a time I used to be into everything that has everything to do with Artificial Intelligence and I was happy that some blockchain projects are into A.I but they never seem to get better adoption, A.I is something g the world wants but it just seem too early, now I've give up on crypto / blockchain A.I projects but now
What about Metaverse? Will this use case faces the same fate? I am worried that we are too haste into the future like we won't be needing this until some several years later, is this something to be worried about?
I don't think there's anything to worry about because technology is getting more and more sophisticated every day. We have to be able to accept the times and we have to be prepared for that. We have to start learning about developments, otherwise we will be left far behind while day by day technology is getting more sophisticated. It is true that with the passage of time, it cannot be denied that technological developments are also increasingly sophisticated, instead of worrying about it better start to learn and use it, Of course it's not bad if technology is getting more sophisticated as long as we can take advantage of it. |
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Investor is looking for huge return in the future, if someone invest today and hope tomorrow he will earn huge return, he's either a shitcoin trader or gambler. There's a chance shitcoin will make someone rich over night, but there's a chance you will lose all of your money you have invested, same applies with gambling.
But what is the purpose to claim himself as an investor? I don't need any recognition from anyone and better to being silent.
True and gambling like that I think is a bad choice considering there are other options that are much safer, losing money in an instant of course it's a blow and it's not easy to accept it for sure, acknowledgment doesn't make better so better focus on yourself. |
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The bull market is not influenced by the month of the calendar. There have been a lot of significant movements in the market or trading volume recently but I'm not sure about June. Everyone has their own assumptions but in my view for the year I predict that the market will improve at the end of the year.
The whales are controlling anything in the market. The bullseason has been starting since bitcoin was able doubling its price. The price of bitcoin will be bullish after halving. I think that majority of people will be agreed wth this. It's caused by the past experience has been telling us about the fact. It's too early to call bitcoin will be bullish again this year. Bitcoin keeps rejected when it was trying to surpass 30k. Yes it looks like it will take time and we need to be patient too to see Bitcoin bullish again, However it's only a matter of time, to make it clearer, it's better to just follow developments and market movements. |
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BNB is now priced at 313$ and has passed 300$, I think BNB can still survive and rise, compared to other altcoins which are still stable at lower prices, BNB can be considered more valuable, of course the potential for BNB to reach an all time high before the end of 2023 is very high
Speaking of potential I think BNB is one of the altcoins that has potential and that's no doubt about it, however it depends on how the market moves, maybe it's only a matter of time to see BNB back up and we'll see. |
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...I will also not that I really see where bitcoin and Ethereum move in opposite directions. This means if bitcoin pumps, Ethereum is also pumping. It therefore means that the investment in both has the same risk. And due to bitcoin would always be bitcoin, I would rather make my bitcoin investment bigger than ether investment.
Not always. Ethereum can often grow nicely at times when bitcoin is falling or in sideways motion. These two assets do not have a clear correlated movement between them, and there are times when they move in completely different market directions. You can buy both assets for your portfolio and it will be a good diversification. So when someone says that ETH moves after bitcoin, it's a fallacy. I agree with that and regardless Ethereum is well worth buying, Ethereum is a promising asset which will be profitable so don't hesitate to buy or invest in it, what is clear is that we cannot equate the movement between Ethereum and Bitcoin. |
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So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too. Do you think in your life, you would ever see someone marry to crypto rich? btw recent news about ftx being rejected to sponsor a superstar due to it is unregistered tell me marry crypto rich might be a distance dream. Also there would be only 21m bitcoin existed, only 21m couples would be able to married rich. When there is billions of population, a lot of couples may not marry rich, due to unequal distribution, some of the crypto super rich would married hundreds of thousand more.
This your conception is contradictory, marriage should be exceptional in this perceptions, because neither you are poor in or not if you want to marry you definitely get married, and secondly a fiat rich person and crypto rich person will still arrive in same destination when you come in terms of marital life, so either you are a billionaire or not you will still marry only if you wishes, but I don't know the aspect you are classifying it, weather its in the aspect female been rich or male been rich. And note, that not every rich person that will because of its rich and got married with thousands of women, that scope is individually perceptions and we are not meant to generalise it to anyone who are rich. So from my findings I comprehend that women and also men marry according to their choice, some people can be couples due to the source of your generated income, so it's obvious. So these, is also applicable to both side either male or female none is exempted in the aspect of choosing a partner. Me too, I also don't get the op's point in what he is saying here, I just understand that even if we want to marry a rich person if the rich person doesn't want us that is also useless. That means, we can only get married if we want to and we are ready and most of all we also want to get married to be together for life, that's how simple it is to understand, right? It's hard when you marry a rich man but there's no love that develops, it's really useless. True and after all marriage is not a game which can be done whenever we are bored, if marriage is based on wealth then it will never end, marriage is all about loving each other so make a decision wisely. |
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of course the bear market is the right time for you to invest or do DCA, because this is a very good opportunity for you to invest, so don't just wait and watch until the bullrun comes without investing in cryptocurrency during the bear market, because you miss the opportunity to get a big profit from investing in cryptocurrency and become rich.
Yes, just watching it will only make you regret it when the bull market comes, for now we don't know exactly when it will come but better take advantage of this time to buy, The important thing is to keep doing research and analysis. |
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I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving.<...>
If he has to ask, I'd say no. Not because I don't think bitcoin is a safe investment, but because I don't think he's ready to take that kind of risk. While I am relatively new to this field, I've met many people who have asked a similar question. From my experience, I've learned that it is best to exercise caution while giving investment advice. I'm sure you've heard the saying: "Do your research". It holds true in this context as well. I would actually do the same. Most especially for retirees, this is not the time to take high risk investments, instead enjoy your pension funds and do whatever you want with your money so that you can say to yourself that you’re actually living a good and meaningful life before you rest in peace. Though bitcoin can be seen as a profitable investment, but it’s not suited to those who have fainted hearts. Investing in Bitcoin is certainly for the long term which requires patience, especially for retirees, I think if you really want to invest, of course you need to consider many things and choose an investment with a small risk. |
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you should not easily believe that, but from there you will learn to use your money and divide your money to diversify, so you will not lose large amounts of money to spend it once, i know that feel but nothing you can do now, just learn from your mistake.
Mistakes will make us better as long as we want to learn from these mistakes, losing money is definitely not fun and we want to make a profit, the most important thing is never tired of learning from wherever it is. |
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Goodmorning, i’m not new in the world of crypto but I never did an investment for lack of money, but now I recived a good amount of money and i want to buy&diversify my portfolio. So I just bought a Ledger Nano X and want to know which are the best project to invest. I always look with interest at $GNT, for their great idea of decentralizing computing and $BAT , and other suggest?thanks  BTC, ETH, BNB, XRP and Matic are the right choices for you to make an investment too, because the price will definitely continue to increase, but if you want to invest for the long term and safely, then you better invest in BTC, because I believe if BTC is the safest investment in cryptocurrency compared to altcoin, so you can definitely make a big profits for the long term if you invest in BTC. But it must also be understood that the safest does not mean it will avoid the risk completely, however investing in Bitcoin or any other coin there is always a risk, the coin you mentioned has the opportunity to continue to rise and grow, let's see. |
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That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.
What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.
The option to hold both altcoins and Bitcoin is a good strategy. When Bitcoin is rallying alone, it is necessary to multiply profits and buy some of the cheapest altcoins. It's not easy to keep making profits. A diversification strategy must also be carried out so as not to put the basketball in only one basket. The money used really must be cold money or money that is not needed for other needs. Must be able to set the best management and strategy in order to avoid all the risks that will occur. The most important thing is that we have to know when to read the conditions when it's time to hold or sell it, many traders use a diversification strategy and it is proven effective to minimize risk, obviously it all depends on the decision of each. |
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I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.
You can avoid losing a lot if you know how to balance your emotions and your strategy, there are factors that affecting your strategy and without the proper knowledge in how to control, emotions will swallow you and drives you to mistakenly project the next market movements, it's really needed to have the right understanding with the business or investment that you are taking. It will be safer to invest with set plans and strategy and be firmed with how you perceive the market without any influence from your emotions. In trading, of course, it is very important to have a clear mind because when it is dominated by emotions, it is not impossible that it will harm us, I agree with what you said and indeed the key is to balance, we know for ourselves that trading is so complex that we need to prepare a lot of things. |
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Investing in anything is risky . Investing in crypto currency is twice riskier because of the volatility, investing in altcoin is even riskier because they mostly always fail in the long run. So if investing in crypto is what you'd like to do, then do invest in Bitcoin and Ethereum to some reasonable extent.
Ethereum is also an altcoin, but I agree with you, because indeed investing in Bitcoin and Ethereum is the most appropriate investment at this time if you want to invest in cryptocurrency, because the price of Bitcoin and Ethereum will definitely continue to increase and create a new ATH price every time there is a bullrun, so we can get a big profit if we invest in Bitcoin and Ethereum at this time and hold for the long term. Yes, I think there is no need to doubt these two coins and many people have proven that investing in Bitcoin and Ethereum will be profitable, for the long term it's really promising and it's the right choice, but on the other hand we also need to be patient and it's not easy. |
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For now I don't have a favorite meme coin. Although indeed meme coins like Shiba Inu have been popular in recent years. However, it is important to remember that cryptocurrency investments can be very volatile and risky, and it is important to do thorough research before making any investment decisions including meme coins.
I think to have a favorite, doesn't mean that we will also invest on it but we can only pick the coins that we like for fun, especially with the meme coins because they are much risky. If Bitcoins and others are already highly volatile then meme coins volatility are twice higher than them because they are controlled or manipulated by someone else. They do this for their own gain or to earn a profit and make someone lose. No matter how much research we make, we can't avoid that a meme coin will still collapse in the long run. So, it will be better to use those efforts on researching non-meme coins as they are more valuable. Correct. I agree with you that meme coins basically don't last very long and volatility is very high. Therefore, I am not interested in investing in meme coins because the potential losses are huge. Yes that's true but back again everyone has their own views on meme coins, investing in meme coins can make a profit but the risks are much bigger, if thinking long term obviously meme coin is not a good choice. |
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I don’t think anybody plans to stay poor, it’s just that being rich is not an option for most people & almost impossible for some. There are exceptions to the rule sure but most people simply do not have a way to be rich.
Luckily for those of us here on this forum we are at least aware of cryptocurrency & the massive positives it can bring us. Cryptocurrencies are a great way for the average guy of little means to make money.
To get out of poverty and become rich, you must first have a certain mindset. If a person does not have the psychotype of a winner, it is difficult for him to set himself up to make money. Luck loves those who are open to it and confident in themselves. If a person is not ready for money, it will not come to him. I agree with that because sometimes unconsciously that mindset will make us what we will be, hard work alone will not be enough to get rich because there are still other points that need to be done, who definitely need more effort in any case to get rich. |
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