Bitcoin enthusiasts does not stop there when your country does not legalize bitcoin. Continue your routine of accumulating more bitcoin, but stay being low key and private so that the people around will not be suspicious that you are into bitcoin. Bitcoin has its anonymity feature so I don’t think it will be a problem.
And those who owns it should make themselves anonymous because to those people that are in countries where it's not legal, you'll have a bad time defending yourself. If you decide to withdraw and use your bitcoin as a payment, then just go into a country where bitcoin is widely legal and is free to use so you can also enjoy your fruits of investment.
Even it's not legal, there could be other enthusiasts that are also hiding in shadows but are willing to do the deal done. |
|
|
|
Today, Bitcoin taught me something new - the importance of financial autonomy. It's like having my personal financial castle, no external forces, just my rules. I can make transactions and investments without relying on a traditional bank. The blockchain's transparency is fascinating; it's like everyone keeping an eye out for each other. And the fact that there's a limited amount of Bitcoin made me appreciate its value even more. It's amazing to think how this digital innovation is challenging the old ways of handling money. It's a reminder that change can bring exciting opportunities for all of us.
That's right if you're thinking of it as your very own financial castle and there will be no other force that will help you to control and manage it. It is you, you're on your own and the one that's responsible for everything that you have. You are the captain of your ship as well. Unlike before when bitcoin isn't existing yet, we've got the portfolio managers, the banks, brokers, etc. |
|
|
|
Yeah, there is no need to prolong that. If you're a trader and your risk appetite can be extended to investing too then that's good.
If you're an investor and you keep on investing to the point that you think people mock you because they'll always that you'll become rich soon and that is because you're investing. Not gonna say it's a discouragement in real life but you just don't know if they're making or not.
And sometimes not everyone is ready to become a trader even though they have learned a lot about trading. Because some people are sometimes always hampered by poor emotional control in trading activities. So for this type of person, investing will be much more suitable. But for someone who has expertise in trading and is also good at controlling emotions or has a strong mentality, trading can be a way that can provide more and faster profits. So yeah in the end it will depend on which type we are. Learning and trading actually are still different. We may learn how the basics go with trading but when it's come to the actuality, a lot of things changes. We have to deal with the reality that it's really different from what we've learned through the theoretical way. If you're too emotional and not prepared for it, your experiences could be the reason why you want to stop trading and choose the investing way. But even with that choice, it's not an easy path as well. |
|
|
|
Well, they're all assets, they're all great investment plans with great risks acquainted with them all.
I'd divide $500k like this;
- Bitcoin = $150k
-Real estate = $150k
- Business = $200k
I'm more of a business enthusiast. Profit gotten from the business can be reinvested.
And someone might say... " there's a high probability of the business failing". All businesses fail, and some just decide to get up again.
And besides, like said from the start, they all have their risks.
Well, those people that are telling that a business might fail probably didn't even tried it. The real businessmen would already have it on their minds and that's okay. As long as you know what you're up to and what business you're starting, there's no need to worry about it because you know the strategy that you're about to do when you establish it. Real estate and Bitcoin also have its own risk, so you choose what risk you wanna take but all of them are good to take because we all know that if we don't try, we've already failed ourselves. |
|
|
|
I don't know why I always have the feeling that most of these hacks are done by the developers of these wallets. I can be wrong but I think there is always an insider in all these as it is easier for the developers to find any loopholes than an outsider.
Thinking of it like a back job from the developers themselves, right? That gut feel could be right but it will remain as a gut feel as we can't prove that. If you love your funds, I will advise you stay away from that wallet because this is a very bad signal. One of the ways to avoid regrets is in this digital space is to be sensitive to red flags such as we have seen in atomic wallet.
There have been bad news about that wallet and that's why it's best to avoid it while you can. There are people that are hard hearded that despite knowing the news about them, they don't bother and just continued using it. |
|
|
|
Ultimately, the choice between trading and investing depends on your risk appetite and time commitment.
Yeah, there is no need to prolong that. If you're a trader and your risk appetite can be extended to investing too then that's good. If you're an investor and you keep on investing to the point that you think people mock you because they'll always that you'll become rich soon and that is because you're investing. Not gonna say it's a discouragement in real life but you just don't know if they're making or not. |
|
|
|
It is possible to make good profit from trading and your money is guaranteed that no third party can withdraw your funds but profits may be more or less and losses may also occur but you will not lose your entire money.
In casinos, there's no third party that will withdraw your fund as long as you won't share your account to anybody. On the other hand play gambling where after placing a bet then if you lose then you lose the entire amount, and if you win then you can earn double money.
The same goes with trading, if you lose your trade then you also lose. And just as what you're saying with gambling, you can also gain double possible. |
|
|
|
simple. one does not have to be rich if it is painful to pursue. Learn to be patient and be grateful for what you have. I think inflation is inevitable. the value of the currency continues to fall. I'm sure even we ourselves can only deal with it. Therefore, I just need to learn to accept without chasing wealth. I don't want fomo because someone scared me with cruel inflation.
Inflation is there until we grow old and dead. Everyone wants to be rich and now it's making more sense why we're all dreaming of that someday. And that for us to have no problems with financial matters and we can sleep well at night without overthinking of how is going to be tomorrow. A move that change a lifetime, maybe going with another career while saving for a masters or learning new skill is hard. But that's it, you need to endure and do something for that change. |
|
|
|
What I will say about McDonald's is that I wouldn't spend my precious coins on that junk food. It's overpriced and the quality has dropped significantly.
And stupidly, in order to get another experience of buying with bitcoin or just to get good captures to post on social media, sometimes customers are willing to pay a slightly higher price compared to the price with fiat payments, while they realize that.  On the other hand, we've got also cool kids that have been in crypto. A story 2 years ago that they've been mining crypto and earns a lot since it was the bull run. These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrencyIf it's about seeing these kids purchase food through a food kiosk with the payment of bitcoin, this is also another interesting story. |
|
|
|
|
We don't know.
What's good here is whether SEC approves any of those Bitcoin ETF applications or not, we're not going to make a deal about it.
But you know who's going to make a big deal about it? The medias that have been following them all over these applications from the very start.
And it's also because there have been etf applications years ago but none of them got approved, maybe this time is a different story to tell.
|
|
|
|
crypto trading isn't everyone's game. If you're feeling uncertain about your trading skills, no worries. Consider the "buy and hold" strategy and use every market dip as an opportunity to Dollar-Cost-Average.
Remember, every season has its time. In the crypto world, it's usually the bull market that favors the holders. When that bull charge returns, which it always does, your portfolio of solid projects will likely yield great profits.
It is the alternative but IMHO, the better choice. You can be good at trading but don't have a lot of patience if it's holding. The holders have significant experience on how it should be when we're about to sell or not yet. There are certain period of times to accumulate, hold and then sell. Don't feel compelled to follow the herd. Instead, stick with what's proven to work for you. Keep it simple, stay focused.
Yup, if you're a holder and that works for you, stick to it. If you're a profitable trader, stick to it as well. |
|
|
|
Does Bitcoin really have challenged the monopoly of your country's traditional banking systems?
What do you guys think?
Not really. It seems that they don't care at all but it's good to see that they're acknowledging on how Bitcoin is revolutionizing the usual banking system that we've got. They don't treat it as a threat but they don't also treat it as something good for them. Most that I have seen are neutral or don't really care at all and that's just fine. |
|
|
|
Actually is not fatal mistake when adopting with stop loss, we can recovery with how many percent loss later after reinvesting in lower price and selling after raising or recovering our loss.
That's available for the others but those that don't want to make a redeposit so that they can add more quantity to the tokens or coins that they're about to trade, they won't do that. They will wait until the recovery has come for the price and that's how they're going to make their own trades. Likely, it's just going to be a little bit enough for them and if there's a little profit margin, they'll take that instead of the losses. |
|
|
|
I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.
You either find a job on websites like upwork and the payment you'll get there, use it for buying bitcoin. Aside from that, you can just simply accept Bitcoin payment directly. can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
Don't say that you'll go away from casinos because at the end of the day, you'll never know if you can do it without gambling. If you've got a history of it, prove that to yourself without the need to say it. |
|
|
|
You're right that there's no guarantee but if it's about investing on this market, it's a guarantee that you're investing in a good crypto if it's Bitcoin.
Whether we like it or not, if it's about Bitcoin many are going to agree that it's got the brighter future than any other assets and crypto in the market.
Maybe I've just used the wrong word about telling that it's a guarantee and should be replaced by a 'safer' asset if it's Bitcoin than the others.
Stick with the best and the main coin on which the community is supporting which is Bitcoin, the only issue on which why some people would really be looking towards other coins is that they cant really be able to earn many multipliers and this is why they would really be looking towards into those coins which they would really be able to get such possibility and this is what makes them really that able to get that kind of opportunity and this is why they would really be holding no matter what into those coins that they had bought and wont really be making out some priorities towards Bitcoin and some top altcoins which they would really be tending to hold and dive in with those new projects or not so old coins which it does have the potential.I agree that it would really be just that wise that you should really be setting out that selling point on which you should really be that getting out or cashing out that capital of yours and leave for some moonbag. You would really be ending up on regretting if you do have missed out that kind of opportunity. Yeah, better like that when you're just going to stick with Bitcoin but it won't also be a big problem when you try to explore into altcoins. But we all know that many of them aren't worth the shot and that's why if you're confident with Bitcoin, you better stay on it. And if you're going to explore with various altcoins because of what you're seeing on social media or with what your friends does, DYOR and never buy just because of them. |
|
|
|
Recruit famous social media influencers to promote your project. This is the fastest way to make it viral but it cost a lot since you need to pay expensive fees each video they created.
While I agree on this method because it really gets your project the targeted viewers that you need. Depending on how much engagement they get every video they make and the views that they get. But for someone who's got enough budget then you may experiment on how it is going to be with such influencers that have wide audience. Although many audience now are wise and intelligent and upon seeing that video being sponsored by your project will make them think it is shilling them. |
|
|
|
I think that with the goal of surviving, everything will just be built upon your way and that's where being profitable and successful will be achieved.
But it's true that it's not just all about surviving because it's like that you're just here to do things temporarily and you've got no clear goal.
Thus, everything that you do including learning the market, bitcoin and other things that are related to it will make you achieve not just success but also knowledge.
True. Acquiring knowledge and honing your skills will definitely lead to its success. Though there are tough roads to overcome but as long as you conquer them, everything will be fine. The road will always be tough, whether you're experienced or someone who's new to this. You'll get to see the bumpy road and that's no joke to process and deal with. Bitcoin may not be a get rich quick and should be learned the hard way at the start, but if you have high understanding and patience throughout your bitcoin journey, no matter how unpredictable the market is, you will end up reaping your success and massive profits.
Once understood, Bitcoin is a game for most patient people that will be rewarded someday and that's the ideal goal for many investors if you've got no asset for yourself but only being patient. |
|
|
|
There is only guarantee when we hold a specific coin and that's Bitcoin. The future is assured but apart from that, you need to be patient holding it for a very long time...
You are mistaken, because there are no guarantees in this world. Especially when it comes to the cryptocurrency market. When you talk about guaranteed profits, you are turning bitcoin into a pyramid scheme where profits are also guaranteed by scammers. You're right that there's no guarantee but if it's about investing on this market, it's a guarantee that you're investing in a good crypto if it's Bitcoin. Whether we like it or not, if it's about Bitcoin many are going to agree that it's got the brighter future than any other assets and crypto in the market. Maybe I've just used the wrong word about telling that it's a guarantee and should be replaced by a 'safer' asset if it's Bitcoin than the others. |
|
|
|
|
I guess that you've just gained with a couple of bucks and that's not really enough to call a day if that's the little profit you've made.
The fees aren't that much really but it is that you're just not content with the outcome of how much you've made with that scalped trade you've made.
I'd say that keep on testing any other strategy that you can do and just enjoy the journey that you're doing.
|
|
|
|
|
I don't want to retire, I guess it flows in the veins of many here that if it's about retirement we should be ultra rich for us to do that.
We just want to keep on working and if we don't do that, we're going to be weaker. That's like a belief that really happens for many working people.
But if given a chance that I'll get a huge amount of money and then that's going to help me set for life, I'll take the opportunity to do that. Maybe if Bitcoin hits more than a $1M, better.
|
|
|
|
|
Show Posts
