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May 28, 2024, 05:11:46 PM *
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61  Economy / Speculation / Re: Halving effects, how long they will last? on: May 08, 2023, 09:44:19 PM
Unfortunately, the majority of crypto users are impatient, they be expecting a massive bull run after just few days from the halving, that’s not realizable to be honest, The main goal of halving is to decrease the supply of Bitcoin and the reward of mining. However, the result will be achieved after few months from the event.  For example in previous halving specifically on May 2020 , the price went from $8k to $40k on January 2021. In conclusion, Bitcoin requires Patience if you don’t have it, simply you don’t belong this field. In addition to that, I am pretty sure that BTC will rise significantly and hit ATH in next halving specifically by the end of 2024 or the beginning of 2025.
62  Economy / Economics / Re: Have a Income? Invest in Crypto or Not? Let's think realistically on: May 08, 2023, 09:29:30 PM
Well, there is a plenty of lessons we have to learn about this field. To begin with, do not trade when you’re not capable, it is really important to feed your mind with knowledge before you even start otherwise you will randomly make idiotic decisions and lose your funds within few days. In addition to that,  believe no body, as you see the social media and groups are full of fake news, predictions and information. Furthermore, start with a low budget at the beginning to avoid the risk of loss and it is certain you will gain experience by time. At that moment, you can add more money on your capital if needed.
63  Economy / Service Discussion / Re: What's highest amount instant exchanges can be trusted with? on: May 07, 2023, 10:36:26 PM
Well, it depends on the exchange you’re using and to be honest, there is always a risk when you are involved with any crypto or trading platforms. However, it is preferable to pick the most rated and trusted one. Personally , I would rather use a decentralized exchange (such as Dexilon, PancakeSwap, Bisq and Uniswap)  than CEX due to a lot of factors , DEXs don’t require KYC verification, also users are able to control their funds, plus there is no risk to get hacked and server gets down. Unfortunately, CEX exchanges are more famous and have further crypto users than DEX ones despite they have a plenty disadvantages.
64  Economy / Speculation / Re: Can Bitcoin be trusted? on: May 07, 2023, 09:27:01 PM
To be begin with, I highly encourage you OP and your friend to learn about Bitcoin and  generally Cryptocurrencies also try to check the history of BTC since 2009 after that you will definitely realize in your own if It can be trusted or not. In addition to that, it is been 14 years since Bitcoin on top of Cryptocurrencies despite the attempts from countries. In fact, It has faced a plenty of crashes the most important ones happened in 2018 during Corona virus and in 2021 when FTX collapsed. In conclusion, the crashes are always existing since Bitcoin is not recognized by most of governments and it is pretty certain that they will try again and gain to break it down but as long as the community of this digital coin is progressing and Bitcoin is secured, nothing and no one actually will end Bitcoin’s existence.
65  Economy / Economics / Re: New currency from BRICS countries on: May 07, 2023, 08:41:47 PM
Hmmm, what’s the purpose of launching this new digital currency? Are they trying to manipulate the market?
Are they planning to break Bitcoin down? Of couse they are.
To be honest, this reminded of the failed attempt  from wealthy banks when they created XRP coin and boosted large funds just to end Bitcoin and Ethereum. In addition to that, probably they have another purpose of creating this coin which is ending the dominance of some FIAT such as, Euro and USD toward their economies. Hopefully, this new coin BRICS will affect positively on the market.
66  Bitcoin / Bitcoin Discussion / Re: The fall of crypto influencers. on: May 07, 2023, 08:31:37 PM
That’s an interesting point of view and conclusion OP. Moreover, it is regrettable how some crypto influencers have the ability to control traders by spreading fake predictions and information, they specifically target the greedy beginners who have lack of knowledge and education. Fortunately, the majority of this category don’t have a huge capital and it means they have no capability to influence the prices especially the ones with large market cap values such as, Bitcoin and Ethereum. In my opinion, the more crypto users gain knowledge and experience, the more influencers lose their influence and control.
67  Economy / Trading Discussion / Re: Im trader new here but in the trading quite long Im looking for partners on: May 07, 2023, 04:58:15 PM
From my perspective, it would be better if you learn how to trade on your own instead of looking for partners and following their orders. By the way, this internet is full of useful information , courses and books, feed your mind intelligently. You can learn whatever you want to However, you must be patient due to it takes time to acquire a good knowledge of crypto trading. In fact, the continuity , experience and discipline are essential to achieve success in this field. In addition to that, I truly encourage you to begin with a low capital in order to keep away from the risk of loss and it is preferable to focus on long term trading due to the current situation or condition of market is extremely unstable and short term trading is unprofitable. Good luck with your future endeavors.
68  Economy / Speculation / Re: Month of May. Bitcoin price guess on: May 06, 2023, 10:50:08 PM
To be honest, in beginning of this year we have seen a strong bull run, the price went from $17K in January to $28K in April. In conclusion, the value was progressing significantly until April. Unfortunately, it was awful month for BTC,  the price did not increase with a high value. From my perspective, the stability in market will continue during this month and it is too difficult to see a strong pump neither a dump. However, we should predict the unpredictable, the price might hit $35K and $40K in the near future probably within 2-3 months. In fact, only whales have an accurate predictions of Bitcoin. The whole market is sadly controlled by them due they are able to influence to price by moving their funds.
69  Economy / Economics / Re: How to increase profit in business on: May 06, 2023, 10:23:45 PM
Well, it depends on what type of goods, items and products you are trading ( selling and buying ) , also the stock quantity is essential too, the more you  have, the bigger the gain. In addition to that, it is necessary to prepare a solid and professional business plan before you even start , it must contain an effective business strategy and key aims. It really helps to attract investors. In fact, you must  have a futuristic vision. Regarding your question, you will be able to increase your gain when you build an effective marketing strategy and work on it. Unfortunately, a plenty of entrepreneurs don’t give a value to marketing, they end up failing despite they have  solid projects and potential to succeed.
70  Bitcoin / Bitcoin Discussion / Re: Public Perspective towards Bitcoin on: May 03, 2023, 11:14:10 PM
Experience has shown that you can only convince people with your own experience, but seriously most times I tell people about Bitcoin they don't doubt or hold any negative thoughts because they know I won't involve them in any dubious thing, the only issue is just funding with them. You don't need to change the public perspective about Bitcoin but if your little group or family is well-informed, then it will grow from there.
Well, it is quite hard to change people’s perspective on Bitcoin due to a lot of parts are trying so hard to ruin BTC reputation, they literally control the media news and publish  fake articles and incorrect information. In fact, I have realized that they spread fear to make people avoid Bitcoin and generally digital currencies. In addition to that, the governments and bank’s attempts to break Bitcoin down have a negative impact on the reputation. In my opinion, the only way to turn those negative and fake thoughts on Bitcoin into positive ones is by spreading Blockchain, Bitcoin and cryptocurrency education, it can be achieved by publishing courses on famous or popular forums. That’s the best way to change people’s opinions and attract them. In conclusion, the only way to fight negativity is with positivity.
71  Economy / Trading Discussion / Re: Did I can make platform without KYC verification on: May 03, 2023, 10:49:34 PM
Of course, you are able to create a platform without KYC verification but it must be a Decentralized exchange. If you involve FIAT, then  you have to follow the governments rules or laws, and unfortunately the regulators only support centralized exchanges due to they require KYC verification and the assets are under their control. To be honest, DEX’e are progressing and spreading slowly but surely, and they have a plenty of advantages unlike CEX’s. From my perspective, the only disadvantages existed in this type of exchanges is their platforms are not easy to use and limited functionality. Also, they don’t provide technical support. Regrettably, it can be tough for newbies to use them. Hopefully, they will fix these cons in the near future. At the moment, the number of DEX users will definitely increase
72  Economy / Speculation / Re: does the increasing number of altcoins have a negative impact on the price btc on: May 03, 2023, 10:14:05 PM
Absolutely not, and to be honest most of altcoins die after few months of launch. At the beginning, they create a HYPE to attract sellers specifically the greedy and beginners, afterward they pump their coins with fake volume and this bull run always last few hours after that the price decreases significantly and goes to 0. In fact, Bitcoin is not negatively affected by the number of altcoins, due to the majority of traders and investors especially the expert ones and whales don’t take the risk and give attention to these dead and scam coins. In fact, the lifespan of 90% of altcoins is temporary , they can last only few months.
73  Economy / Economics / Re: Act as a Business Consultant and Provide Counsel on this Issue on: May 03, 2023, 09:50:19 PM
To begin with, the first main issues you have mentioned is common  in a lot business owners or CEOs specifically the new ones, they would like to achieve success without knowledge, skills and the ability to leadership and manage the business. Regarding lack of funds, that would not be an obstacle unless your  business does not have the potential to succeed, for example you could  prepare a professional pitch deck, it is a necessary tool to attract investors, partners and sponsors. Furthermore, hesitation in starting a business may have a negative impact on the result. You must take your time by making researches , analyzing your competitors and add a value on your project, something they don’t have.
74  Bitcoin / Bitcoin Discussion / Re: How can we help to Bitcoin education? on: May 03, 2023, 08:37:39 PM
In my opinion,  it is a bright idea to publish online lessons and courses on internet specifically on popular forums such as Reddit and Medium and of course Bitcointalk and create simple Tuto videos on youtube. In addition to that, we should attract youth due to Bitcoin’s future will be dependent by them. In conclusion, the more we spread Bitcoin education, the bigger community we entice. By the way, it would be better if we let only expert Bitcoiners to teach the beginners and youth, if you’re are not capable to do this task, there is no need to publish lessons or anything related to Bitcoin.
75  Economy / Service Discussion / Re: Do u think that the body governing need to re-strategize ? on: May 03, 2023, 08:25:11 PM
To be honest, El Salvador is the best example for recognizing Bitcoin as a legal coin , it has been affected positively on their economic since 2019 but not significantly due BTC has decreased more than %50 since 2021. From my perspective, El Salvador economic will grow strongly in next 1-2 years specifically after BTC halving event. In addition to that, I highly doubt if powerful governments and banks are not indirectly supporting Bitcoin. They certainly invested large funds in it but in secret and other cryptocurrencies such as Ethereum. Plus, they might have the ability to control the price that’s why the market is being extremely volatile. Hopefully, more countries will follow El Salvador and recognize the best coin as a legal tender.
76  Economy / Trading Discussion / Re: Beginner mistakes and how to avoid them on: May 03, 2023, 08:14:15 PM
Well, there is a plenty of mistakes that beginner traders make , the most common ones are :
Lack of knowledge, they trade and make risky decisions without even knowing the basics of this field, that’s why they end up losing all their capital in short time. Over confidence as well, they  usually start with a huge capital, purchase big amounts of Altcoins especially the shit ones who have fake volumes and expecting a large returns in short period and unfortunately that will never happen.
Plus lack of self-control, they panic sell when a sudden bear run occurs and make idiotic decisions , they could not hold their crypto specifically in tough moments for fear of losing more.
77  Economy / Games and rounds / Re: My first contest : win a hardware wallet, a steelwallet and satoshis ! on: May 03, 2023, 10:13:25 AM
Hmmm let's give it a shot
26,682 CHF

Best of luck to everyone.  Cheesy
78  Economy / Economics / Re: Concers About Going in Business with a Friend on: May 02, 2023, 11:43:33 PM
Regrettably, it is quite tough to build trust between partners nowadays even when the person you are in touch with is your close friend and that could even make everything worse especially when you confuse between business and friendship. Simply, business is business and friendship is friendship. The way you treat each one of them must be completely different than each other. In addition to that, it would be better if you lead your own business instead of taking a risk through partnering with someone. In fact, I genuinely believe that everyone is hiding their dark side, and these people would not let you notice their worst traits spontaneously until you test them . And to be honest it’s not that easy to get to know their characters well.
79  Economy / Speculation / Re: The Bitcoin market is back on track on: May 02, 2023, 10:28:28 PM
Not yet, Bitcoin price have not rose significantly for approximately 3 weeks. And probably this volatility will continue in the near future, it is really difficult to predict the upcoming bull run.  If fact, It would be better if you keep your eye on market and use your strategies intelligently once a sudden event occurs.
In fact, it is a wonderful occasion for investors and traders to purchase Bitcoin at this time. In conclusion, the more you HODL a large quantity of BTC, the bigger the reward but in middle and long term. If you are impatient and into short term investment, you won’t sadly gain a huge profit.
80  Economy / Service Discussion / Re: I have Traveled on all Thailand and Spending only Crypto! on: May 02, 2023, 09:44:22 PM
It's best to be careful contacting the person @OP refers to as that person is on Telegram.
Not that I suspect him but we know many scammers are looking for their victims from Telegram and we also don't know who he really is.
If someone wants to travel to another place and use or exchange his bitcoins, he must have already exchanged his bitcoins before he started his journey.
And I'm sure that people who have already converted their bitcoin to fiat already have their favorite places even if they don't want to travel anywhere else.
I totally agree with what you said, and regrettably most of newbies on this forum are untrustworthy and scammers, they suddenly post topics then disappear. As you see the majority of threads have been created by newbies and Jr members. We should be aware of them. In addition to that, if you want to travel and convert your crypto safely to cash, simply use P2P trading exchange or platform , there is a plenty of trusted ones such as Binance, Kucoin Bybit and OKX cryptocurrency exchange. Furthermore,do not believe these scammers who post suspicious information and links.
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