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61  Bitcoin / Bitcoin Discussion / Re: I feel uncomfortable if I don’t buy on: September 07, 2021, 11:32:05 PM
I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

Do what makes you comfortable. Wee do have our own ideas and decision in trading. At the end of the day, it is you who will benefit if your investment gain a lot and makes you panic when the price goes down.
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BNB become the king of all coins on: September 07, 2021, 11:25:00 PM
As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?


I believe BNB has a great potential and i know that the price will rise more in the future but when it comes to the king of all coins? i really don't know and not sure if that will happen in the future. Let us see what will be the next happening with BNB.
63  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful what you choose to invest in now, not all coins will recover. on: September 07, 2021, 11:20:40 PM
I agree with the sentence in the subject. People shouldn't overcome by languor in times like this. Green color is dominating the market these days. However, it might not be the same for most of the coins in the near future. I would advise everybody to make their investments carefully. If the project doesn't seem promising to you, then there is no need to take a big risk. And it is safer to continue with known and strong coins for now I think.


Well said, yes, every investment should be done carefully by doing more research about the coin because not all project are well and good but then we can invest with etherium or other coins that are more stable than the new one.
64  Bitcoin / Bitcoin Discussion / Re: Don't give your bitcoins to scammers on: September 06, 2021, 05:39:31 PM
quite surprised that there are still many people who are deceived by the fake giveaway program....even though there's been a lot of news about this kind of fake giveaway, the greedy and stupid ones are still there.  






https://twitter.com/whale_alert/status/1417476350554804227
https://scam-alert.io/scam/1BezossqWVQdbpZQnGogd6Xvp3AMoWDHym

Scammers are everywhere so be careful with your investment, password and some link or even fake websites. Scammers are very professional too. It is very important to check and research before doing an investment in crypto world.
65  Economy / Speculation / Re: What make people panic sell? on: September 05, 2021, 11:59:30 PM
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only

going up in value

Maybe we do have our different point of view, it is their choice to sell to gain and if the price drops they can buy ang sell when it rise. It is their way of trading, not everyone can hold at the very long term but instead at the short period only because some cant deal with their emotions and panic when then price 9f bitcoin and altcoins goes down.

66  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new investment on: September 05, 2021, 11:58:48 PM
maybe for beginners bitcoin is a new investment, but this does not apply to miners who have been in the crypto world for so long, because we can say bitcoin investment has almost reached 10 years and that time is not a short time, but we should admit that this investment has only become so popular among the general public in recent years


True, Bitcoin investment is very popular that is why bitcoin price is very high up to this moment. There are beginners that choose to invest at this very high price because a lot of people believe in the capacity of bitcoin that it will surely bring a lot of profit not only today but in the future as well.
67  Bitcoin / Bitcoin Discussion / Re: What would you consider living on crypto? on: September 05, 2021, 11:55:18 PM
Was having a discussion with someone getting who is getting into BTC the other day about the 'living on crypto' movement.
Mostly about the people who want to get paid in BTC / crypto and only spend  BTC / crypto staying away from banks.

We went around and around for a while as to where his line was vs. mine. And it does bring up some interesting points. If you are getting paid in BTC and send it to BitPay / Conbase and convert it to their debit card and spend from there are you 'living on crypto'? How about Bitrefill and other places you can get gift cards from BTC / crypto?

Was an interesting discussion as to where we stood. And was just wondering how everyone else thinks.
Gift cards? Debit cards? Get paid in BTC and convert to USD (or whatever) and put into your bank?

-Dave


That is very good idea, wishing that in the future that will finally be happen. That is very much appreciated for BTC users and that will be more conveniet to use. No more necessary transactions in all but onl8ne transactions will be done immediately. That is very great idea and hope to see that kind of scenario of bitcoin in the future.
68  Bitcoin / Bitcoin Discussion / Re: Bitcoin Addict on: September 05, 2021, 11:48:34 PM
A jake name man says he lost millions through trading bitcoin to the BBC scotland. He says i lost everything in a single trade. It can be said addiction of trading but there many positive sides of marketing Bitcoin. I can't say it is addiction, it can make you lazy in other works of earning money.

He is totally certified bitcoin addict. But i guess you will gain in BTC if you trade at the right timing, right decision and do not sell when you will only get some losses with your investment.
69  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new investment on: September 03, 2021, 10:32:36 PM
Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?


Bitcoin investment is a good choice but with a very high risk. You can earn or gain and loss at the same time. The price of Bitcoin can change anytime that is why every investor should check the market and learn how to trade to avoid any panic when the price go down.
70  Bitcoin / Bitcoin Discussion / Re: Pay with Bitcoin on: September 03, 2021, 10:29:00 PM
Good step bro. This is what many people have been waiting for. With the many development of payment programs through applications or whatever, it is very much needed by someone who holds bitcoin. We will be made easy by that. One-touch transactions with no hassle at all. Hope the plan is successful.

This is true, Bitcoin holder is very much excited about the new development of Bitcoin. Transaction is very quick and easy.No need to go out just click the application. Thank you so much.
71  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 90% chances if a coin is listed in Binance it has a good potential on: August 31, 2021, 01:56:50 PM
Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.

What's your take on this, am I right or wrong?

Share your opinion.

For me, when the coin is already listed in  the exchange site there are chances that the price will rise because it is already in the exchange site and the owner and together with  the team will surely do their best to make it more popular in the market
72  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Notice your emotion on: August 31, 2021, 01:51:54 PM
Emotions are the reason why most market participants don't make any money. They are attached to their money and don't want to lose it. The issue is that its this fear which makes them take profits early OR take losses way too late.

If you trade demo or if you back test some strategy you will see how easy it is to make money using a simple method. Whether its horizontal support/resistance, moving averages, RSI, Fibonacci, etc.

However when you put real money into the game, all of a sudden it becomes difficult. Why is that? Well its because money is involved and that is what is causing fear and greed for most people and thats how they lose money.


If you can't play the game right, you would really face some big problems.

Learning to control your emotion is very important and it's also necessary to understand the market movement as you are just likely to fail in the long run if you don't keep yourself updated of what is happening in the market. when you see there's high volatility and there's a pump and dump, you should get yourself used to when seeing people panic and do the right thing which is to do the opposite of what they are doing.

True, control your emotion, do not panic and it is important to know how to trade well and check the chart and know morw about the coins to avoid some losses.
73  Bitcoin / Bitcoin Discussion / Re: Bitcoin as primary currency on: August 30, 2021, 07:40:28 AM
Hello bitcoiniars I am working in a private liability company and I want to receive my salary in Bitcoin which is around $1500 monthly my main aim is to use it as an investment now my confusion is how do I service with paying off bills I have a few hours a day to myself which I can use for another side hustles. Please, what do you advise I do in other to hold at least 80% of my salary in bitcoin?

In my opinion, I'd rather invest my existing money out of the bills etc. You better paid the bills and have some extra money because there is a high risk in crypto. For me, it is better to invest a portion of yout salary atleast 20-30%.
74  Bitcoin / Bitcoin Discussion / Re: Don't believe in digital money? Well... on: August 30, 2021, 06:11:48 AM
-Digital books and kindles replaced library books

-Regular mail was replaced by email

-Previously, we took actual photos; now we take digital photos

-Digital music replaced cassettes and CDs.

-We switched to direct deposit from cash or checks.

How often do you actually have cash? It's rare that I do! The next item on this list is money.

Then... Buy Bitcoins.


Bitcoin payment is very conveniet for us but not everyone knows about it. A lot of people doesnt have any idea what bitcoin is and not everyone have an access and have a smart phone to use and money to invest with bitcoin.

75  Economy / Speculation / Re: Dream Bitcoin 100k on: August 30, 2021, 06:06:45 AM
When Bitcoin goes down from 80 to 29, it goes up and down there for a while. But now it is going up and down again. But 50k the moment it is fluctuating again. I have learned from some news outlets that many people have exchanged views that Bitcoin will cross 100k by the end of this year. I would like to know the opinion of the members of the forum.


Well, nobody can tell if the price of BTC will reach at 100k at the end of this year. Anything can happen in crypto there is always a tendency of price increase,  bitcoin can go up and down as well. No matter what the price may be it is important that you gain in what you invest.
76  Bitcoin / Bitcoin Discussion / Re: Bitcoin Addict on: August 30, 2021, 06:01:37 AM
Lately, I exhibited some character which to me is an addiction.

Whenever I close my eyes, I see the bitcoin logo and price just like the way it is on my device at first I thought it was normal and will fade away with time but it has persisted to this very moment while I was discussing with my other Bitcoin lovers they told me that now an addict.

So I would like to ask, is there anything like a Bitcoin addict if yes then please tell me how to become one, cause I will gladly get addicted to Bitcoin again, and again I will become a Bitcoin pro-addict if that is the case.

Will you get addicted to Bitcoin if that is possible?

That is normal. When I started trading Bitcoin few years ago I always do more monitoring from time to time. I want to know what is the price of BTC again and again but as of now.. I do some checking but not the way I was years ago. I am very confident that BTC price will not go down easily so I can sleep well and eat well.
77  Bitcoin / Bitcoin Discussion / Re: Pay with Bitcoin on: August 30, 2021, 05:56:13 AM
I developed a high interest in Bitcoin lately want to accept Bitcoin for my sales and servicing company, am already working with a programmer to develop software or an application that will aid my transactions using the Bitcoin lightning network.

As the saying goes, no man is an island of knowledge, so I shared my story to get suggestions from this noble forum.

Woow! Good for you.Such a great start for every businessman. You are amazing! It will surely help every users of bitcoin to trasact with you in an easy way. It will aslo spread the use of bitcoin to eveyone.
78  Bitcoin / Bitcoin Discussion / Re: HODL...until when? on: August 29, 2021, 03:51:28 PM
Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?


I can hold it until I want to hold it...When i already chwnge my mind and will stop trading that is the time that I wilk sell my BTC but at the best price that I will be earning  a lot.
79  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: August 29, 2021, 03:48:15 PM
You are not allowed to go outside in the country bringing lots of money. It should only be limited on the intention of your visit. This is why government had task authorities to manange some interviews before they will accept your application to travel outside the country. This include t limit you in bringing lot of money. But what if you are using bitcoin?

Government are unaware of people using bitcoin or maybe aware but has not taking actions in this to avoid making some losses especially in terms of the asset that determine the value of the economy represented by fiat currency.

If fiat currency will be transfer outside the country through bitcoin then it is just like we are selling our asset to other people and that may leave that the countries economy will slowly will going to die. I think this is why the reason that government are requiring known exchanges to do KYC so that they can tract people who are doing this. Besides there are other things that bitcoin could be
getting abuse by the criminals like

* funding terrorist,
* money laundering,
*kidnap for ransom using bitcoin, and etc,

Other than that bitcoin is considered as an asset why?Because Bitcoin is being bought by fiat currency which derive its value like gold. The sad part that I am making some point in my other posts is that

* when you buy bitcoin cheap you earn, while others buy bitcoin which is expensive they lose.
* The rich people could earn more in investing bitcoin while poor people could lose more. (vice versa the rich people may lose more and poor people can earn more)
* the use of bitcoin to travel spending outside in the country is more like selling your country asset and that could destroy the economy of that certain country.

This could be the reason why bitcoin is being ban in other countries because they are protecting their economy against bitcoin.

US dollars had been bought through bitcoin and exchange it with dollars. There is a news that the US government had limit the community the use of cryptocurrency because there are some country that are eyeing to use cryptocurrency to extend their purchasing powers of dollars and that US government does not allowed or make it happen. The US asset is somehow being sold by people who buy cryptocurrency and that is why KYC is being implemented and other altcoins project are not accepting US community to invest in their project because they can get penalized by the US government law I guess.



I don't think so, it will not destroy the economy but instread it will help us to transfer funds at the very convenient way.. Bitcoin is a currency, the government has no control over BTC but BTC wilk not definetly destroy the economy.
80  Bitcoin / Bitcoin Discussion / Re: Let's Say Bitcoin is scam on: August 29, 2021, 03:41:02 PM
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!


Bitcoin is not a scam. It is real and used by many. Investors already gain a lot. Someday it will become more popular more useful than today.
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