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For shre naman lahat tayo ang ineexpect na talaga ang pagtaas ng presyo ng Bitcoin sa mga susunod na taon wala nga lang nasiguraduhan kung kelan ito mangyayari. Possible na mangyari ito sa 2024-2025 ayun sa aking personal na speculation dahil na rin sa Bitcoin halving event, kung titignan naten ang Bitcoin timeline ay madalas nangyayari ang Bullrun after ng Bitcoin event kaya maaaring 2025 na mangyari ang Bullrun which is a good thing naman noara sa mga nagaacumulate ng Bitcoin, marami sa ating ang nag DCA para makaacuumulate ng Bitcoin na sa tingin ko ay isa sa pinakamagandang strategy, kaya habang mababa pa ang presyo ay magandang opportunity ito para makapagipon ng Bitcoin, dahil mababa na at masrisk ang paghold lalo na kung tumaas na ang presyo neto.
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The market is just a big cycle so after the Bull run the bear market is going to hit again for sure after that and then the cycle is just gonna continue, bear market is a good opportunity again for investment so investors that doesnt get lucky on the past Bullrun is going to get another opportunity to make a profit, or people who already have profit can reinvest there investment again, there were just some exceptions since there are investors that doesnt really want to sell at all at any point, They believed on Bitcoin and cryptocurrency that overtime is just gonna continue to increase its market which in my opinion is a risky move and possibly would not make sense because if your investing that just means that you want to make a profit and if you're not going to sell at a higher market price it wouldn't make sense since your not going to make a profit at all, I mean you could possible just hold for years until you reach a certain goal like for example 1million dollars, my point is we need to aim a plan so that we could make a profit.
personally, If I make a good amount of profit I would transfer it to a much safer investment like for example business, real states, passive income, etc then after the bull run would accumulate again so that I can repeat what I did and make a profit again in the next bull run.
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I heard about bitcoin from my uncle and he has been talking about bitcoin since February 2022 and have been hearing how bitcoin pays and support youths. If invest in long term. And he also warned me that bitcoin is not get quick rich scheme and there are different ways one can get bitcoin. And the ones he told me were:
1) buy bitcoin and store it in the wallet for the next bull market to come. And he told me to buy it in the bear market and invest it for a long term investment for like 3_5 years period, so I am planning to invest for the long term.
2) trading is the buying and selling of bitcoin in the market at all time or anytime which gives you profit if you can trade well. But trading is more risk than investment.
3) mining is the solving of mathematical problem through computing system when someone send bitcoin to a recipient, a miner must mine the coins in the blockchain before the recipient will receive the coin.
Conclusion:
In my curiousity to know more about bitcoin, he told me to register in bitcointalk so I will learn and know more from there. So if I make any mistake in any of my writing, please correct me. I am open to correction.
I mean not so bad, welcome to the forum just continue to learn here, and for sure you're going to earn in the future as soon as you are ready with that knowledge. For sure buying Bitcoin and storing it for years is a good strategy but this wasn't really an easy task to apply when I learned about cryptocurrency I already knew this kind of thing but It wasn't really easy to apply it, I ended up selling most of my Bitcoin the last time just because its really difficult to HODL especially if you doesnt have multiple sources of income and when the time I was just getting started in investing I usually depend on my profit on cryptocurrency. I wouldn't really recommend it every time on the market, there are a few daily traders in the market but in my experience, it would need a lot of time and research in order to do daily trading to speculate and predict the movement in the market to possibly make a profit daily. Goodluck on your cryptocurrency journey, continue to post here in the forum over time you're surely going to learn more and apply that to your investment, you can easily ask anything here in the forum since we have a lot of experienced members here that could help you, you could easily learn from others mistake if you do that. |
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Bitcoin is a very useful thing to many people. It has provided very good opportunities, job opportunity, trading opportunity and lots more for many people to earn money for their essentials of life. Bitcoin halving is fast approaching, giving many people hope of investment, and making reasonable profit at the end. Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?
I mean in my country Bitcoin and cryptocurrency weren't really legal but at the same time it wasn't illegal to buy or have a transaction on cryptocurrency, In my opinion since cryptocurrency most of it like Bitcoin was centralized there wasn't really any need for it to be legalized since it is just like the internet it will still going to operate as long as there is a community. In the past year cryptocurrency wasn't really that popular and in my country there are probably a only few people who invest in it and believe in it, most people identify cryptocurrency as a scam because it is always involved in illegal transactions like what they see on the news, but today it is already adapted by a lot of companies and even banks here in my country support cryptocurrency. So without any legalization cryptocurrency is gonna continue to adapt in a lot of countries and in my opinion there is no need for it to be legalized, I mean government might just do something about it, trying like taxing it or something like that which is a bad thing for people who invest on it. |
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Ako lang ba ang nakapansin neto? o marami din ang nakapansin, philippine blockchain week should focus more, with blockchain technology and securities like for example nalang leadership award daw eh neto nahack ung philhealth tapos tumanggap ka leadership award, parang nasampal kapa sa mukha diba. alam ko iyong mga nagdadaos ng ganeto mga blockchain event walang mga ganyan only in the ph lang talaga. Pagkatapos may pinalusot pa na wala naman palang connection sa isang organization or not even have inform them, pagkatapos may awarding. Sana they should focus nlang sa kung anu talaga agenda, nahahaluan talaga ng politics dito madalas kaya minsan hanggang start lang wala na improvement. Ito ang source: https://bitpinas.com/feature/block-awards-winners-2023/For sure maraming mga ganitong event ang bayad para mapabango ang pangalan nila lalo na sa mga nagsisimula pa lamang kaya hindi na nakapagtataka ang ganitong event, minsan nagugulat na lang talaga tayo sa mga events na tulad nila. Not sure kung bakit sila nakakuha ng ganitong mga awards pero for sure possible naman na rig itong event dahil madali kasing gumawa ng ingay at news lalo na kung maraming mga ganitong event. Not sure kung pano naging connected ang PBW, i mean ung Philhealth ay nakakabahala pero normal na rin naman talaga sa mga government ang bulok na security kung titignan palang ang kanilang mga system ay mapapansin mo rin naman ang bagal neto at kahit mga design ay parang sobrang low budget lang kaya ang pagkakahack ay hindi na rin nakakagulat. Siguro sadjang mababa talaga ang mga pasahod sa kanilang security, dapat kung titignan naman naten ang mga malalaking companies ay kaya naman magdeliver, and for sure if may kasalanan ang mga IT or mayroon ginagawang hindi tama ay mayroon malalagot kaya for sure may something sa kanila like mababang sahod dahil mababa ang performance nila, sadjang kinukurakot lang talaga ang budget kaya hindi rin siguro makagalaw ang mga IT. |
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The Giant search Engine Google is Marking its 25 years of being in service and providing services to the entire world. As the popular saying goes 'Google is Your Friend'. *Has Google been your friend? *How long have you been using Google? *Do you prefer other search engines than Google lately and can you tell why? (If any) *Is there any improvement would you like to see in Google that you think are not included assuming it is possible? Let's Talk...  Google already did a lot in a long way and it definitely helps us in a lot of situations, probably the most popular company, and we can't deny that it is even used by a lot of companies. For Sure Google is my friend since if I doesnt know anything probably the answer to it is Google, it just pretty much knows everything and could easily help you whenever you are if you just have access on it. Been using Google for a very long time, dont really remember when but as soon as I learned about Google and knew what it could do, when I already had the technology like a phone google was already a thing, Probably when I was just on my elementary days I already using google. I've been loyal to google even when the times when Yahoo was still popular I just liked the simple design of it and I really think that using Google Chrome was just faster than others. For sure the technology was a long better than the past years and Google was already so big right now. |
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Are we now on crypto bull run or this yet to be go down futher more down than 15500?
Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible. For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$. |
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Feels good actually to invest and have a saying to have an investment in crypto and not just an ordinary crypto an Apex one to be precise which is way more cooler. However, there comes a factor to be considered CAPITAL. Capital stands as a major factor to be considered while investing however coming to the world of crypto and BTC precisely, I think small capital won't do this considering the current monetary value for BTC. Remember the greater the capital the higher the profit and the higher the risk however considering BTC the risk minimal. So How Much To Invest??As I've said earlier, investing little in BTC now won't give you a tangible profit when the profit comes but its advisable to invest 20- 40% of your capital in my opinion .However as a beginner or newbies, you literally know nothing about investing even if you have an idea you are still new to it so it is advisable to start with little amount to understand how the game is being played before considering any percentage to add in your investment and this should be strictly done according to your capital. This is what I think but I know members with investment knowledge and others with more and deep knowledge could have a best saying but according to me this whati have to offer to newbies though I'm also a beginner  . Cryptocurrency and Bitcoin are still very risky investments compared to other assets like real states, business, etc. it is probably the riskiest of all since you dont really get anything that is tangible so you might be hoping for nothing since the price projection is just depending on the supply and demand in the market. If you're going to ask me, cryptocurrency investment should be the last investment you should make after you already have the other. For most investors, you should only invest only around 10-20% of your income in cryptocurrency because you could still lose money. Dollar Cost averaging is already a thing and a good strategy even if you are a newbie but it if thing that you have enough knowledge of Bitcoin and cryptocurrency and know what you are doing, you could already start investing by DCA you could always buy a small amount of Bitcoin every week or month whenever you like to, and start to accumulate Bitcoin, it might not look a big amount but overtime you could accumulate more and probably its also a good opportunity at times like this bear market because you could buy bitcoin while the market price is still low. |
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All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .
I mean theoretically if we are going to base on the structure of Bitcoin and its nature for sure the market price of Bitcoin is surely going to increase overtime due to its limited supply of 21 Million Bitcoins, meaning there are only 21 million bitcoin that could only exist, just judging on the Bitcoin adaptation all over the globe it really significantly increase its adaptation and for sure the number of users these days just increase a huge amount of percentage that's for sure, so if the demand is going to increase and the supply is low as well that could easily mean the market price of Bitcoin is going to increase and project its market value up. That is how it is overtime, but even though that is what is supposed to happen we are still not sure if it is going to happen that is why it is still a risky investment taking a commitment to investing in cryptocurrency because it is still possible that the market price is going to drop a huge percentage because of its volatility. There was surely no basis on its market price it is still pure speculation that the market price is going to skyrocket in the future, it is possible that Bitcoin would not even exist in the future. |
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~
This was already a thing a long time ago, probably most of the wallets have this kind of scam tokens, I mean anyone can easily send some tokens to your address easily probably this was done by a bot sending most of these tokens to our wallet, I mean they can easily create a new token with a small number of funds for sure, I dont know how they do this scams but I heard a lot of things on getting hack or a lot of cases of wallet-draining the moment they do something on this token. So it is better to just ignore this token since you can't really do anything on this token since it doesnt really have any kind of value so you can really sell it on the market, hackers have a lot of ways to get your cryptocurrency on your wallet, so just dont move this token and completely ignore it so that you could avoid getting hack. It might be an eyesore for most of the wallet users but it's better done getting hacked. I mean there are a lot of this on the market so we can't really do anything about it, I think the wallet itself is the one that needed to do something about it, allowing this shitty token to circulate. |
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Bitcoin alongside other cryptocurrencies has aided the economic development of many countries. Bitcoin is typically used for online transaction and businesses in third world countries despite widespread poverty, this is because people can easily connect to the internet and participate in the crypto economy in many developing countries such as India and continent like Africa have high cryptocurrency adaptation rate. After purchasing bitcoin through platforms accessible to their countries, bitcoin holders in third world countries can trade Bitcoin for profits or hold onto their tokens as an investment. Inflation which is characterised by devaluation of currency alongside increasing price of goods and services, this has made people to turn to cryptocurrency like bitcoin an asset that maintain its value over time to hedge against inflation.
For sure inflation is already a big problem all over the globe and we can see even powerful countries are experiencing problems with inflation, I guess it is obviously a problem by the government since they are just the ones who print money, even here in my country it is a big issue and I can clearly notice how the basic things increase its price and a certain amount of money can only buy a few things unlike back in the day where the value of our currency was still good, probably a 500pesos is still a big amount of money, but today it wasn't enough for 1 day on your whole family or for sure 1-week food. One of the things that you could do is to invest your money not just save it since if we are just going to put our money in the banks it is surely going to get hit by inflation and over time the value is just going to decrease over time, Putting our money to something like Bitcoin, cryptocurrency or gold could surely counter the inflation, for sure there are some exception on Bitcoin since by its nature it only has 21 million supply overtime we could easily expect the market price to increase its value theoretically, that's what we all believed but still it's a risky invest since it wasn't guaranteed that it's going to happen and we dont know it is possible that the price could reach zero at some point. In my opinion, the trick is just to save enough, if you save a good amount of money invest it in assets so that you can avoid and counter inflation. Just save enough probably some savings like emergency, and do retirement, insurance, etc. |
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Maganda sana ito dahil focus on adapatation ang gagawin nila so kapagnapasa ang bill sigurado na na magtutuloy tuloy na magadapt ang cryptocurrency sa Plilipinas which is a good thing dahil sigurado na maraming mga Pilipino na matutulungan at maeexposed sa cryptocurrency at magkakaroon ng pagkakataon na magimvest sa cryptocurrency.
Pero knowing Robin Padilla mukang walang magandang gagawin naman ito depende nalang siguro kapag pinakota na nya ung batas na gagawin niga wala lang talaga along tiwala kay Robin tingin ko masmagiging okey if hahayaan nalang naten ang cryptocurrency dito sa atkng bansa dahil kusa naman na itong nagaadapt. Napakadelikado neto dahil baka perahan nanaman ng gobyerno naten knowing na mga kurakot itong mga ito, Siguro ipakita niya muna ang batas niya dahil kahit dati pa walang alam itong si Robin padilla sa batas, napakawalang kwentang senador naalala ko pa ung statement niya nung nanalo soyang senador di niya daw alam trabaho ng senador.
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The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.
I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.
I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.
Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?
Probably most or all of the countries are already experiencing this due to inflation, I mean it's already a big problem all over the globe, even in my country inflation is really difficult to fight especially if you just have a minimum wage earning you can't really survive or at least have a good enough lifestyle that you really wanted. Personally, I'm doing okay since I already found a good job, compared to my last shity job where I didn't do most of the work for 10 people probably, my new job is a great one it wasn't really paying a huge amount but its already okay to survive and the good thing is has a good schedule, there are only 4 on-site and 1 work from home and weekends are free. At this point, I wasn't really a very experienced worker so I wasn't able to demand a very high salary but at this schedule, I was able to find a side hustle that could help me with my spending, usually, I used all of my side hustle salaries just for investment and then my main job salary was used for everything that I needed. In my experience I think the main trick here is having the knowledge and the correct mindset, when I got conscious of my money and started to document every I was able to manage my finances easily, I learned a lot from a podcast on how can I manage my finance one of the trick is to always take note of your spending and income. Sometimes we just dont know where our salary goes since it easily disappears, it is because we dont document and record everything. The moment I do it I easily avoid having that feeling. Also just do not buy anything that you cant really afford, I think this is just the one that really is good advice when it comes to financial, most of people just buy anything since they have a credit card or something not realizing that they cant really afford it. |
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In the foreign currency market, I recently experienced the BTC/USD volatility effect, which prompted me to investigate what makes the pair (bitcoin) so volatile.
Volatility is the evaluation of how much value of a financial asset fluctuate on a particular time.
Averagely, Bitcoin volatility ranges between 1.68%_4.54%, where Wednesday is the most volatile day compare to other days and Saturday which is the least volatile days.
The significance of volatility is that an asset is risky to own on any particular day, Its value could significantly increase or decrease.
There are a number of causes for bitcoin's historically erratic price behaviour. By knowing the elements that affect its market value one can choose if to invest in it, trade it, or keep following its advancements.
Bitcoin's price; just as other commodities, stocks, other products and assets rely upon supply and demand.
As it is an asset which traders and investors have swiftly adopted, its value is heavily influenced by opinion about price changes.
Investors concern are also influenced by media sources, influencers, industry titans with strong opinions, and popular cryptocurrency supporters, which causes price volatility.
Factors that create bitcoin volatility.
1. Demand and Supply
2. Investors' and user sentiment
3. Government regulation
4. Media blitz
• Bitcoin demand and supply
As much as any other aspect, demand and supply determine the pricing of the majority of asset. The quantity of coins in spread and the price at which individuals are prepared to pay have a significant impact on the value of bitcoin. The total quota of coins in the cryptocurrency is set at 21 million by design; when the circulating supply approaches this number, values are projected to increase. Source: www.c[Suspicious link removed]m
• Bitcoin investors reaction
Since the quantity of bitcoin; the most popular cryptocurrency is getting more scarce, demand for it is rising.
• Government policy also influenced bitcoin volatility
• News/Media outlets
In the news, or media, we see different analysis from different “experts” predicting the future movement of Bitcoin, with that action, holders tend to hold more or even increase their shares.
You definitely make your point here, I mean there are just so many things that are affecting the market price of Bitcoin, and it's just the nature of Bitcoin and cryptocurrency, we can't really do anything about that because even though there are a lot of disadvantages on being a volatile market it's still a lot of advantages to the point where it makes the cryptocurrency unique to other investments and assets like stock, real states, etc. I mean if Bitcoin or other cryptocurrency wasn't volatile like what it is we weren't really going to make a good profit on it, probably those Bitcoin and cryptocurrency millionaires are going to be rich after a few more years like the stock market since most of the time it would take many years before they could gather momentum and skyrocket its market price. I mean we could just compare it to the stock market with just a much faster movement, But we can't really control this kind of thing since it is cryptocurrency nature what we can do is adjust to how we can make a profit on it, probably most of the investors are already doing DCA in order to accumulate cryptocurrency and in the end still make a good amount of profit, bad side probably is there are always going to be losers since you're going to lose money if you didn't sell at the top, there where only a few investors that is going to be lucky to sell at the peak. |
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Recently I've seen alot of threads where people just jump into writing an incredible episode without putting their readers into consideration.
I'm not a fan of reading very long articles and most times I think some posts ought to be simplified and summarized to get ease of attention and from my observation, it seems most users confuse quantity with quality and think, writing very long post simply means the post has quality which is wrong.
I've seen very short and straight to the point post doing extremely very well on the forum and people ought to them learn from them.
I mean for sure it is always great to read something that is straight to the point just because we can easily understand it, and my eyes are not getting tired of reading it because it is only a few lines, I know it wasn't really a long post unlike some post where It is just too long, its kinda hard to read it and I always feels like they just trying to make it longer so that probably members are gonna think that it is a quality post. Not realizing the quality over quantity thing, since quantity doesnt really mean that the post is going to be quality, the quality of the post doesnt really depend on the quantity of the post so it doesnt matter if you have a short or long post. Not totally a few words since that could be marked as spam since most of the newbies just post on a topic with only a few words and not making any sense, I think the standard was around 150-200 characters at least, not necessarily but at least make some pointers on the topic so that readers can easily understand it. |
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I am not suppose to say this here but i want forum members to advice and tell me on how I can go with my bitcoin journey as a newbie and become successful in it without losing my bitcoin. My Dad is late and he left us a building which I and my siblings inherited. I rented my own apartment because I stay in a more civilized area. Whenever my tenant pays me my rent, I just keep the money in the bank and sometimes it stays there for more than six months in my account because I have a job that takes care of my responsibilities. This year when I joined this forum, after reading through topics and comments from forum users on bitcoin investment, I said to myself that it will be wise if i give bitcoin investment a trial and see how it will feel like holding a bitcoin.
Last week Monday, I recieved my rent, but guess what I was scared of investing it on bitcoin because I was having so many thoughts in my head telling me to invest and not to invest. I continued with my forum activities and kept on reading, at a point, I got to realize that what will I gain, if I have the knowledge of bitcoin and I don't invest in it to have the experience on using bitcoin and to also have the experience of holding in long term, so that i can talk about bitcoin from experience. This means that it is important for me to buy bitcoin to acquire more knowledge,and this will be an advantage for me to buy bitcoin now that the price is dip, before it pumps back. Yesterday, I used 60% of the money my tenant paid me to buy bitcoin and I was relieved and happy. I have also created an electrum wallet which I have transfered my coins into, the reason why I chose electrum wallet because it is noncustodial with RBF and Ligthening Network features, which can allow you to double spend,incase the network is congested and your transaction fee is low,since sometimes bitcoin blockchain used to be congested with dust transactions.
I intend to hold by bitcoin for long, because I just started my bitcoin journey and, I know that it isn't going to be an easy one for a newbie like me. I will use 10% of my income to DCA every month, because I also noticed that fiat currency is depreciating due to inflation and that it is better that I save in bitcoin than to keep it in fiat. The moment my bitcoin reaches $1000, I will look on how to transfer my coins to a cold storage wallet for safety. I couldn't keep this to myself and I said let me bring this to the forum for advise from experienced members on precautions I need to take for me to achieve my bitcoin goal target.
If you haven't invested in bitcoin yet, you should try and do so, if you have the resources so that you can feel the vibes that am feeling right now.
Let's discuss.
I mean that's a good strategy I think the Dollar cost average is a great way to invest for sure since you minimize your risk and have an opportunity to invest most of the time so it wouldn't really matter if the market price is dropping or increasing since your investing every month. I mean having the knowledge on cryptocurrency and Bitcoin is surely necessary if you really want to invest in it, if you doesnt have the knowledge yet you cant really invest in Bitcoin and you might just end up losing your investment at that point so for sure having the knowledge is necessary. But I completely agree that knowledge is not complete if you not really going to invest since all of your knowledge is just gonna be a waste if you not really going to use it and start investing in cryptocurrency. You have a great strategy already just make sure to not depend on the profits in cryptocurrency since it's not a sustainable income overall I mean yes you could pretty much earn a good amount of income here in cryptocurrency for sure but it wasn't really something that you could use as a main source of income because it is still a very risky investment because of the volatile market price if you're going to use it as your main income your just gonna end up selling your investment at a wrong market price, so make sure to have enough savings first so that you could still survive without your cryptocurrency investments, in my experience that is the trick so that you could easily HODL your cryptocurrency in long term. |
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Grabe talaga to nung nakita ko itong post na ito sa Facebook mukang goodbye nga talaga and data naten jan dahil kahit noong vinisit ko ang website nila ay down na talaga at hindi ko na maaccess ang website nila i think hanggang ngayon ay down pa rin ang website nila, for sure naman marerecover naman siguro nila itong website pero for sure ang data naten ay naleak na at pwedeng magamit ng mga hackers I mean just imagine ibebenta nila ang Data naten. Sobrang laking problema ito at sobrang laking issue rin para sa kanila dahil for sure mababatikos sila lalo na at kumalat na ang balita sa online, baka magkatanggalan nanaman jan sa Philhealth at maghihire nanaman ng panibago. Ito naman talaga ang problema ng mga ganitong platform sobrang laki ng pondo dahil mandatory ito sa mga nagtatrabaho kung iisipin pero kapag tignan mo o ivisite mo ang website mukang hindi pinaglaanan ng budget parang website na sobrang lag pa, pati application na nirerelase nila sobrang bagal magload, ganun ba talaga dapat kapag government required na hindi mukang professional ang website tapos dapat laggers. Kaya hindi na nakakapagtaka na nahack ang website na ito, sadjang nakakatakot lang talaga dahil data ng buong Pilipinas yan. |
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.
Do you have a small business idea? or business experience? I want to hear it
I mean that was easy just save money for the capital on your business, if you have a full-time job just save a little amount until you think you already have a good amount of capital to start your business, Christmas bonus can also be a capital, I know a friend that use his bonus to start his business, and I think that was really great since most of the employee when they get there bonus the first thing they do is spend it to something that they really wanted not invest it to something like a business. The first business that came to my mind is having an online business since it has low risk compared to something like building a store, but personally, I would go to something like a passive income as a safer approach, probably investing in an apartment or a condo something like that, having a good passive income monthly I guess is already a great investment, but having a business is obviously where your money can multiple. So online business is probably something like a clothing brand since you could just probably start to print a few copies and then sell it to your friends and family as well as online, with just enough skills you could easily promote it online, then wait for all of your supply to be sold until you go for another batch I think that way you could minimize your business avoiding lose since you could easily stop printing t-shirts if you think it wasn't a good month something like that. |
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Currently, the price of Bitcoin continues to increase. Today the price of Bitcoin is 27000$. It is assumed that the price of Bitcoin will increase further in the future. Many people want to know why this Bitcoin price is increasing. There are several reasons behind the rise in the price of Bitcoin. I mentioned some important reasons:
1. Much Demand: Bitcoin has become more popular among users. This is one of the reasons for the increase in the value of Bitcoin.
2. Supply : The supply of bitcoins is limited (21 million) and new bitcoins have to follow strict procedures to generate them. This in turn increases the value of Bitcoin.
3. Media : Bitcoin news, events, policy changes, etc. Journalistic events influence the price of Bitcoin.
4. Technology : Bitcoin uses a blockchain technology, which is reliable, secure and provides maximum security.
5. Investment: Bitcoin's value increases through various individuals, companies, and pneumatic investments.
The combination of these fundamental factors has led to the rise in value of Bitcoin. Also distribution limits and mainstreaming means that Bitcoin's supply mechanism affects the mainstream price on the upside.
There are just too many reasons and factors that are affecting the market price of Bitcoin and other cryptocurrencies which just means it's impossible to predict it accurately most of the time, I mean there are times that you might predict it and get lucky but sure there are always times where you're going to lose money or get the wrong prediction. That is why it is still a very risky investment even though we all believe that Bitcoin is going to increase its market price in the future, I mean we dont really know if Bitcoin is still going to exist in the coming years, because it has a volatile market price something could easily happen and drops the price to zero, It is not probably going to happen easily but there is always a possibility. But if we are just going to base on the past timeline of Bitcoin we could easily predict that the market price is going to multiply in the coming years, also we are already seeing how Bitcoin and cryptocurrency are adapting all over the world, even to the day I can already see cryptocurrency adapt in a lot of platforms, it is already supported by some banks here in my country, just imagine that in the past years we thought that cryptocurrency is gonna be the one that is going to kill banks, but today you can now buy and sell cryptocurrency using some banks platforms. |
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This is just a reminder to everyone in the forum from newbie to legendary, that we should be very careful and not be in a rush when we want to make bitcoin transaction, we should be patient enough to go through the bitcoin address that we are sending the money to, and to make sure that it is the right amount of bitcoin that we are sending, over and over again. The transaction fee should also be re-checked, so as to avoid any expensive mistake that can lead to the loss of your coins. If you mistakenly send your bitcoin to a wrong address, it means that you have lost you bitcoin, because there is no way that you can get it back, if the bitcoin was sent a a noncustodial wallet. If it was sent to an exchange, you only have very slim chance of getting it back. An example is recently we heard how Paxos over paid $500,000 transaction fee to move $2000BTC due to bug. https://cointelegraph.com/news/paxos-confirms-responsible-for-500k-mistaken-bitcoin-transaction. Which F2pool has accepted that it was there pool, but I don't think that F2pool will refund back all the funds, because such transactions rely on the goodwill of the miner to refund or not. Let us try not to be in a rush to make transactions as we might end up regretting for a long period of time instead of using few minutes to glance through the transaction again. Paxos was lucky that the money was refunded because it was the mining fee which can be traced to the minimg pool, but when it is the wrong address, it becomes more complicated. I mean this was already an issue for most of the investors even for the experienced members because sometimes we just want every to be convenient and fast as we do our transaction so sometimes we forget to check everything one by one just like when we are just getting started or when we are just a newbie on the cryptocurrency space, I've heard a lot of scams and hacks like this where they send it to the wrong address something like that, there are also times where your going to copy a wrong address I think there was a issue like that here in the four, similar where you're gonna though that you pasted your address because it has similar first 4 digit I think the first and last digit are the same but it wasn't the same then your going to end up sending your money to a wrong address. There were obviously a lot of tricks that the hackers do in order to get your cryptocurrency investment so if you are not aware of them something you might get caught by it and end up getting hacked by one of their modus, luckily we have this forum where we get an idea of how they do things or we get aware that it is possible. I mean it is really easy to protect yourself if you really know how to do it, if you are aware of it most likely scammers and hackers cannot really do anything about your wallet. |
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