As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you lose hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.
I'm a long term investor and used to seeing the price of Bitcoin turning up and down. Hence, it's not surprising anymore if the market currently is not what many investors expected it to be (turning bullish because of the near halving). So if you dyor before investing to Bitcoin, you'll understand how it works because you track its past history and aware of what happened in the past. Thus, if you're a new investor and losing hope due to the current condition, remember that this is just temporary. It can help if you stop monitoring the market and forget for a while the price to prevent stressing yourself and thinking how long the bear season will last. It's part of the cycle and it has an advantage for investors waiting to buy at cheaper price. Those who have not left the market so far prove that they are all too familiar with what has happened with bitcoin. The drop only made them more excited because they were able to accumulate more bitcoins at a high discount. As for those who are new to the market and have never experienced a bear season, I don't think they need to stop watching the market. I mean it's not easy to do that because they are also investing money in the market. In my opinion, it is not necessary to avoid them, but to face them instead. They should take advantage as bear season continues and this should be seen as a time-saver to improve their knowledge. Only if they have solid knowledge and understand everything about bitcoin then nothing can scare them. |
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~snip~
That's right, it will be more risky compared to bitcoin, as many happened in the past few years, many people lost their money suddenly because they trusted coins that were still unclear of their potential and maybe they came because they were carried away by the hype due to some significant news circulating. And also true as you say, it is very clear to emphasize that you should not use money that will be used or maybe you feel unacceptable to whatever happens to your money there including losses. Because it is very possible if in the end altcoins can disappear suddenly. Basically, in terms of investment everything has a risk including in bitcoin too, but there are some that have a risk that is not too significant and that will be able to make you calmer when knowing various good news related to its potential and also with the history of movements during the price, and that may be enough to convince us that we are still in a safe position by knowing the clarity of bitcoin itself for example. So basically allocate your money to a place that you trust with various clarity that is there, and use money that you don't mind if it's lost, and still use your main plan to hold it longer for a bigger profit in the future. Once we talk about investing, everything has risk, not only bitcoin but even assets considered safe such as gold or real estate will also have risk. But what I said, I just want us to not use money that cannot be lost to invest in altcoins. I also don't completely hate investing or people investing in altcoins. As long as they know what they are doing and are willing to take the risk, they can invest in bitcoin or altcoins, wherever they want. Bitcoin is a perfect choice, but not all altcoins are bad so altcoins are still an option. But again, don't be subjective with it. |
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Real Madrid was truly devastated by what happened to its two mainstays. Courtois has found a suitable replacement, namely Kepa Arrizabalaga, while a replacement for Vinicius has not been found. Mbappe is indeed the most suitable for that position but for this season I don't think it will be possible because he is still under contract with PSG.
Those who are still under contract with other teams do not need to be seen as options for Real Madrid, who this season are in need of a replacement for that position, because Ancelotti only needs to look at clearer options from the squad he currently has. Because this position is a very crucial position for Real Madrid this season, especially considering that Real Madrid is still very short of attacking players and coupled with the increase in injured players such as Vinicius, there are already six injured players at the start of this season for Real Madrid. Real Madrid can actually think the players of other clubs as options. But there are obviously options which Real Madrid can look to buy. Obviously, they are not options which Real Madrid can play in the next match. Real Madrid has always been a team that gets the replacement player ready before selling a player that they already have. But this season it has been a little different for them. To cover this shortcoming, I think Ancelotti will slightly change his scheme by establishing several other alternatives. Admittedly at this time Ancelotti does not have many options to rotate players for the attacking side but he will be forced to maximize the potential that exists in the likes of Brahim Diaz to fill that void. However, what might be a bit of a relief for Ancelotti is that Bellingham is really very reliable and his role is extraordinary, if his position doesn't change because there might be a change in scheme then I'm sure Real Madrid won't have any significant problems even if Vinicius leaves.
If Ancelotti needs to think about a new scheme for placing players who can still be used in the near future, this needs to be thought through more carefully because changing the scheme might not be more effective for Real Madrid. Because the players have to be in a position that may not normally affect the strength and appearance of Real Madrid itself. Maybe, While it is always better to have players who can play in different positions, at the same time transitioning players to a different position is probably not the best idea for any team to be honest. |
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Last night Bitcoin experienced a price increase back to the $28k price level. And this is not without reason but because there is a lot of positive news related to bitcoin. This indicates that everyone, when the price was still struggling in the $26k area, was actually all monitoring it and had started accumulating. Because I personally didn't waste the opportunity to buy when the price touched $25k again a few weeks ago. Currently Bitcoin price is back at the $27k level and seems to be struggling to get back up. But don't get carried away by the hype, it's better to stay calm in the accumulation process.
That's right, I've been watching it lately too. Bitcoin seems to be moving from bearish to bullish again, and this is very favorable for those who bought yesterday when the price was still touching $25k. I have looked at the statistics of the recent movement history, according to my observation, the price of $25k is the third lowest support point in 2023, and that means it is a good time to buy more and hold it. Honestly, I myself have seized the moment when Bitcoin touched $25k and I bought some there. Let's see, now Bitcoin is going back up and you don't have to be discouraged if you couldn't buy at the lowest price a few weeks ago, because now there is also still a chance to buy and you still haven't missed out. I agree, like you said, don't get too carried away by the hype, use your own methods with your own accuracy analysis, and I just suggest that you use cold cash there. So I mean use money that will not be used by other needs in the future, because Bitcoin still has a long way to go and you need to stay consistent to (HOLD) for bigger profits in the future. Correct. The money used must really be money that we will not use in the long term. Or money that is not for our daily needs. Because investing in bitcoin is different from investing in Altcoins. In Bitcoin if we want to get really good profits then we need to hold onto it until the next bullish season comes. Or much longer. In contrast to Altcoins where we have to be careful and cannot be used as long-term investments. Because in Altcoins prices can fly high overnight and can immediately drop drastically in a short time. So Altcoins are really not recommended for the long term. Well we don't have to feel left out when we couldn't buy yesterday when the price dropped to $25k. Because I think a decline to that area could still happen again. Be it in the near future or far in the future. Because this is for the long term, in accumulating it we have to be more patient and not rush. I will add that if you consider investing in altcoins as short term then you should also not use money for daily needs or money that you cannot afford to lose investing. Since investing in altcoins is a hundred times riskier than bitcoin, they can even disappear suddenly and we will lose everything. Unlike bitcoin, if it drops suddenly it will also recover in the future. In short, whether it is a long-term or short-term investment, bitcoin or altcoin should only use idle money. If we are determined to invest long term in bitcoin and will only sell when it hits ATH or $100k, buying for 25k or 27k won't make a big difference unless you invest hundreds thousand each time, IMO. |
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Anything too fast is also good, so we have to adjust accordingly, but with this situation, I think the market will be better at the end of the year.
And if it's a good prediction, honestly it's still very good to take the positives from the price that's going on right now in the market, Bitcoin is under $30k which is where we can stack up during this time, and using year-end predictions to no avail wrong, so maybe it's possible we'll see it later this year, whether for good or otherwise. Holding bitcoin is a no-brainer, the price is still below $30k and this is a bargain. I'm afraid next year we may not see prices below $30k again, so this will be a good opportunity to start entering gradually. There are many reasons why next year could be different from now. Of course, the halving will happen soon and the volume will increase even more. ATH will be reached when the next bull run arrives. This is everyone's hope and will certainly be a profit field for those who buy and hold from now on. Exactly, although I have a feeling that at least at the end of the year, the price is still going to be very cheap and could consider be a bargain for us. But after that when we approach near halving, or the halving month, we might see some good price movement. And then after months into the halving year, we will slowly see the price growing and in 2024 we might see $50k or even higher. Will continue to have a good bullish year and then the all time high. So this is still a very good chance to save and accumulate. If anyone is a long-term investor, the longer the bear season lasts, the happier they will be because they have more time to accumulate bitcoin at cheap prices. So, bitcoin not increasing in price anytime soon is not a big deal for many people. But bear season can't last forever and I agree with you two that the chances of buying bitcoin under $30k are getting smaller and smaller as the halving approaches. If we don't take advantage of this moment, then when the bear season is over and the bull season comes, and we have another bear season, we won't have a chance to see bitcoin at $30k anymore. So, those who have not yet accumulated enough bitcoins for themselves should make the most of their time. |
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Nepal had found tough time against No 1 ODI team. It's important for Nepal to stay motivated despite today's result, because of their strong bowling performance in the first 35 overs. And we know the remaining story, actually holding back the No 1 ODI team for a long time is hard task. Hopefully, Nepal will learn some valuable lessons from this match and perform better in the upcoming games. Congratulations to Pakistan for starting their Asia Cup journey with a big win. Now, i'm waiting for the next big match against India. That's going to be an exciting one!
I am just going to be honest and not going to sugarcoat things at all. Nepal did not perform well. They had to show a better performance in the second innings to at least stay in the match. You cannot expect a team to win when eight players fail to score even 10+ runs. But to be honest, this type of result was almost expected by everyone. I don’t think anyone was actually thinking that Nepal was going to win the opening match of the Asia cup against Pakistan when Pakistan is playing in their home ground. Pakistan definitely got a big win in this match. But the main forecast for Pakistan is definitely going to be the next match where they will play against India. And we all know that match is going to be the biggest match of this tournament (if they don’t face each other again) |
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I noticed some good decisions, bond and chemistry between Harry Kane and Leroy Sane on the pitch. This are some of thr benefits of having Harry Kane.
The chemistry between him and Leroy Sane may just be what will help them in the champions league when it begins. For the Bundesliga, they look to already be the dominant team there, the Champions league will be where Harry Kane will need to proof that he is worthy of the money paid for his transfer to the club. Harry Kane would love to win the champions league for the first time, so I am sure that when the competition begins, he will be putting in his very best to make sure that it works out for him on his very first attempt with his new club. When Kane can win the top scorer title in the Premier League, then Kane should also be able to win the top scorer title in the Bundesliga. After all, Kane plays for the Bayern Munich team which has huge domination in the Bundesliga and with this factor, of course Kane should be able to win the top scorer title this season in the Bundesliga as well. With a good performance so far at the start of the season in the Bundesliga, then maybe it also promises that Bayern Munich will still manage to win the title in the Bundesliga. But for the Champion League, I personally still not so sure, because the competition in the Champion League and in the Bundesliga certainly have very different pressures. But even so, at least Bayern Munich will still have a good chance in the Champions League, and not lose hope at all. I think Harry Kane will definitely be able to win the top scorer title in this season in the Bundesliga. I also think that he is going to get his hands on his first ever trophy with Bayern Munich. I am pretty sure that Bayern Munich is going to be able to win the Bundesliga title this season. So I believe that’s how Harry Kane is going to put his hand on the first ever trophy of his career. I still do not think that they will be able to win the Champions League title. At least they haven't done anything yet for us to think that they will. But as both competition goes on, that Bundesliga and the Champions League, I think we will have a better picture of what they will be able to achieve. |
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If CBDC does very well many stablecoins won't survive because there will be no need to use them, but I think that's not completely true, because CBDC seems like something that the government will use to monitor people, which can result in less adoption of CBDC, but if the government sees stablecoins to be a threat they can successfully kill each and everyone stable coins available, it will be easier because they aren't Bitcoin.
Even Visa and Mastercard payments are doing fine than stablecoins, the majority of people are used to real-world payment solutions, not stable coins, This is why I believe that CBDC will do very well in the real world, people care less what the government plan might be introducing CBDC, they are going to use it, only Bitcoin maxis won't.
The future of stablecoins will be shaken if the government rolls out CBDC and forces people to use it so they can easily control us. One more thing, if cryptocurrencies are widely recognized and the government requires exchanges to cooperate with local banks to create a gateway for direct trading in local currency, then the stable future of money cents would also be a question. To answer what the OP is referring to, I don't think increased adoption of stablecoins will be the key to crypto dominance. In my opinion, bitcoin represents cryptocurrency and only when bitcoin is widely accepted and used can it be said that cryptocurrency will dominate. |
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Maybe Elon has started to lose his income from Twitter so he decided to fire almost all his employees and replace them with bots. By using bots, he has clearly cut the cost of employee salaries and only has to watch how his bot works to manage Twitter.
And if he wants to sell Twitter after making many changes at Twitter, that's up to him because he may not be interested in managing Twitter anymore. He may have already thought that Twitter was not giving him much income. We also don't know Elon's plans for Twitter so we can only guess.
It could be his strategy to sell Twitter and to get attention from the people who use Twitter. We also don't need to pay much attention to what Elon is doing because it has nothing to do with us and we only know what he does from the news.
It is true that what he does has nothing to do with us nor benefits us, he is in business for his own profit. But it's not uncommon for him to be the subject of discussion because he's the richest man in the world and his manners and words often create disagreements. But on the news he's selling Twitter, I've never heard of that and I don't think that was his goal. I guess he has bigger plans with twitter in the future, such as the race to the white house? |
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Being a Pakistani we are more excited because we are hosting some of the matches of the Asia Cup. And tomorrow is the first match and will be played in the very Old city Multan. And Pakistan also invited the secretary of BCCI to join the first match as a guest. Don't know he will come or not. And I really hope that the Pakistan will win the first match.  Winning against Nepal would be like cakewalk. The real tournament will start for Pakistan on 2nd September, when they will face India at the Pallekele International Cricket Stadium in Kandy. And after this, the teams will proceed to Super-4, where the competition would be very tough. Teams like India has the luxury of playing all of their matches in Sri Lanka. However for Pakistan and Afghanistan, they need to shuttle between Pakistan and Sri Lanka. I don't know how much it is going to impact their performance, but given the tight schedule, it is one worrying factor for these teams. I don’t think Pakistan will have too much problems winning against Nepal. I believe that the start of the tournament for Pakistan is going to be good. I don’t even see the match being competitive. I believe the match is going to be pretty easy for Pakistan to win. I would’ve definitely liked to see the India versus Pakistan match be played in Pakistan. But at the same time, we all know that the match is going to be played in Sri Lanka and that is probably one reason why we will see more people from both countries go to watch the match. Where are actually people from all three countries, India, Pakistan and Sri Lanka will come to see the match. Going from one country to another is definitely a problem for some players. That’s why I did not like the way they made the schedule. |
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I'm looking forward to next week's MU vs Arsenal's clash. I hope to see another dramatic game.
At least, at this moment from the available odds that Arsenal are still the favored team to win. But the difference odds is quite big in my opinion, because after all this is a big match and Manchester United is also basically not a mediocre team. But why can Arsenal be very favored to win, because after all Manchester United still have the ability and good quality to be able to play well in this away match against Arsenal. Therefore, then of course this will be a very interesting match, because basically these two teams still continue to have good development from the previous season as well. It was definitely a great performance from Liverpool to actually win the match towards the end. Darwin Núñez definitely performed really well and a great brace from him. I genuinely did not think that Liverpool would be able to win the match. I actually did not think Liverpool would get even one point from this match, let alone win. Because after the red card of Virgil van Dijk, Liverpool had a lot of problems to actually having possession of the ball. It was great from Liverpool and Darwin Núñez at the end. About Arsenal versus Manchester United, I am going to be honest I think Arsenal will be able to win the match. There is definitely a chance that the match is going to be a draw. But there is a very high chance. We will see goals being scored in this match. That’s why I don’t believe this match is going to be a draw. And I’m going to say that Arsenal is a better team right now compared to Manchester United. |
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The bundesliga standings in game week 2 confirmed Union Berlin as the leader of the standings and even though there were other teams such as Bayern Munich, Leverkuse, Wolfsburg and Freiburg who also won the same points, Union Berlin was superior in terms of goal productivity. Union Berlin has always won big by scoring 8 goals in the last two matches and that is why they are currently far more productive than Bayern Munich.
But the real challenge will be this week against Leipzig and even though it's home to Union Berlin, they can't afford to let their guard down if they are to secure full points in front of the fans. Apart from that, for Leipzig this is a clear opportunity to be able to steal 3 additional points after previously beating Stuttgart. I think it's quite difficult to predict the outcome of this match and seeing the second H2H, Union Berlin really dominated with several wins.
Union Berlin is a team that only recently has made it to the Bundesliga,having some years here while they were playing in 2nd Bundesliga most of the time.This means that they lack the power to be winning a Bundesliga title and the fact that they have scored 8 goals in two games isn't a real stat that they are going to continue and do well.I hope they do but most likely with the passing of weeks you will see them falling down dramatically in the standings and there are other stronger teams than them that are more serious contenders for the title,like Bayer Leverkussen,Dortmund and Leipzig which they will face this coming weekend. If I remember correctly in the last Bundesliga season, Union Berlin started just like this. They were almost unbeatable at the start of the season. Then they started losing and dropping points. If I am not wrong, they were not consistent at all the words, the middle of the season. But after that, they started playing better towards the end and made a place for themselves in the fourth place. So definitely it is not an indication that they are going to stay consistent throughout the whole season. They are starting well. The start is definitely important for any team. But now they will have to be consistent. And I absolutely agree that in the upcoming matches, it will be very hard for them to be consistent because they will be facing big clubs. |
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~snip~
What do y'all think bout this ?
It sounds easy but when you start trading for real, you will find things are not as easy as you imagine. Everyone wants to make more money by trading, but most will just lose, and that is why many people do not choose to trade but choose to hold for the long term. The purpose of long-term trading or investing is profit, Bitcoin will reach its maximum potential when we make the best profit. If you trade but your profit is not higher than the profit of the holder, then it cannot be said that you are exploiting the full potential of bitcoin. No one cares about your efforts, people will only look at the results you achieve to judge you. |
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I think one should never start trading using trading signals it mostly contains ricks. If you want to trade, it will always be better if you trade with your own knowledge and experience and skills and you can be successful in the future. I have noticed many new traders trade using such signals and at one point they lose their money. I have seen many telegram signal groups where they mostly provide scam alertcoins signals, and they make a lot of money from them and scam investors. But there are many good telegram groups which do not cheat like this and they give good advice and signals if you follow them you can expect some profit. But I think those signals should never be accepted because after a few days you can learn to analyze the market well and then you can start trading by yourself. And when you can trade with your own experience, there is no fear of losing money, but you can gain more skills and be successful in the future.
There are still many groups that provide signals that are not intended to be scams but there is no guarantee that those signals have a high accuracy rate. Moreover, depending on other people's signals doesn't make us any better, what if they suddenly stop providing signals? We will become stuck because we only depend on others and do not have any skills of our own. So, in my opinion, once you have determined you want to make long-term profits in this market, do your own research instead of looking for things that don't belong to you. |
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Investing in any type of course has risks, if you dare to take risks, of course you understand very well in detail the type of investment you are going to make and it is very likely that you will get a profit on your investment. You are right that investing by taking a loan is not a good choice because in investing it is not certain that we can get a profit, maybe we experience a loss and we have to keep paying off our loan. I think if we take out a loan, it's a good idea to use it for the business capital we've been on and we can afford to pay off the loan.
The option of taking a loan to invest is a very different option from people who use their own capital to invest, even though what they are doing is the same for making investments. But in general, those who take out a loan to get into investing will feel more uneasy when they haven't seen a return on the investment they've made. So it's better if the work related to the investment is not tied to a loan in any form because that option still looks bad for everyone, because the designation of the loan is for businesses that are already running with a maximum level of sales. Not for work where the level of profit is still unknown as for investment, and if someone makes an investment with loan capital, I think he will face excessive risk for himself because loans are more suitable in the hands of business people whose benefits are already more real. When risk is faced with risk it will have a negative impact on the individual who takes the loan. Borrowed money will pose a risk when it cannot pay off the loan within a predetermined timeframe, whereas Cryptocurrency investment has no guarantee of profit and cannot be determined when profit can be obtained. The risk of loss needs to be considered before getting caught up in activities that are not necessarily profitable. If you really feel up to the risk, you can invest in coins that have proven quality on the market. If that loan is just to invest in bitcoin and he can guarantee that he will be able to repay the loan even if the bitcoin investment is not profitable. That can be considered, and he can borrow so he doesn't miss the opportunity with bitcoin while it's still pretty cheap. But borrowing money just to invest in shitcoins is not only a bad idea but also a stupid thought. The coins have no future other than short-term pumping and dumping. This is the worst idea I have heard since investing in bitcoin. Every investment has risks. Taking these risks doesn't always mean you will win. Investing by taking a loan is very dangerous. It is dangerous even if you have a regular income. Your investment may fail. You have to pay off your loan whether your investment is successful or not. This stresses you out and causes you to make more mistakes. There is no rule for everyone to invest. Not everyone can invest. The first purpose of the person who is not financially capable is to increase his income. After increasing his income, he should invest only if he has money left after meeting his needs. But there is no success without trade-offs and opportunities will not stand still waiting for you to seize. I strongly oppose anyone offering advice on borrowing money to invest if he is unemployed. But if he has a steady income and for some reason can't collect money to invest, then borrowing money is not too bad. For me, as long as he is sure he can repay the loan with other income, getting a loan is not too big a deal. Borrowing money will make you more stressed or motivate you to work harder in life is due to the way you see and accept it. Not everyone will be stressed and depressed when borrowing money for business or investment. Many people use that as a motivation to not be lazy. |
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I will choose to solve the problem of rich people. Because they're only few, saves my time while generating more profit. Sometimes it's wise to choose what's more beneficial because of this, let's say these rich people are businessmen owning businesses/companies that hired poor people. If they have problem and unable to attend to their position, this can affect their business since the boss is not doing fine. It can result to closing their companies (worse case) and those people under this company (the poor) will lost their job.
On the other side, the usual problem of poor is money, food on the table and job. Rich people are the ones who can provide job for the poor, so by helping the rich, you also help the poor, though not directly.
I agree with you and some of the comments here, we just need to solve the problem of the rich, then the problem of the poor will automatically be solved. The rich and the poor are interdependent, and neither would survive without supporting each other and our society would cease to exist. The role of both is very important, but the people who control this world are the rich, so if we want to solve the problem, we need to solve the problem of the rich. |
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Not Just Ruble but pretty much all fiat is a scam it is made from paper and backed by thin air and the government keeps printing it. But we can't do anything in fact I'm still using it  So funny Fiat Money is the greatest Magic on earth but here we are. Here Example of US Dollar ✂✂✂✂ There is no doubt that the US Dollar has lost it's purchasing power very steeply over the years. But at the same time, other fiat currencies have performed even worse. Almost 99% of the other fiat currencies are losing their value against USD in the long run. Swiss Franc is a rare exception, were a fiat currency retains its purchasing power even better than the USD. Singapore Dollar and Brunei Dollar are other examples, but these currencies are not very popular. Japanese Yen used to perform well, but in recent times it has also gone down against the USD. Although there are still some national currencies that still perform quite well, if their nature is still centralized and controlled by the government, devaluation is inevitable. Because as long as the economy has a problem and the government immediately prints more money to solve it, it is only a matter of time before the fiat currency depreciates. All currencies are scams but backed by the government so they are always considered legit. And dansus021 is right, we can't do anything and will continue to use them like it or not. But with the advent of the concept of decentralization, we will be less dependent on fiat, and that is happening like de-dollarization is happening. |
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Earning money is very easy for those who understand about trading. And those who do not understand trading will never make money.
Making money in trading has never been easy even for top traders because the market is very unpredictable, all analysis is probabilistic, no guarantees. I have never heard anyone say that making money from trading is easy and easy. However, if you trade with signal from paid channel, you lose very less money.Trading has to be done immediately after receiving the signal in the channels, if trading is done later, there is a possibility of losing money.
In short, we will lose money even if we trade immediately when we receive a signal or trade later. So why should we waste our time and money joining those groups? Whether we are new or old, if we want to make money by trading, we should research and learn everything by ourselves instead of depending on others. Because nobody has a crystal ball to know about the future, and it's all just predictions based on experience and knowledge, and these two things we can equip ourselves with. |
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Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
Trading is very risky and it is true that it is not for everyone, not everyone makes a profit from trading. But if being a newbie means that they do not have too much experience and knowledge, how can they know their trading ability? I mean they still have the right to try trading if they are really passionate about it. But there is one thing they need to know that at the beginning of a trade loss is inevitable and they should be prepared for it. If they are ready then they can start trading. Even if you have experience investing in the market, when you start trading, you are also a newbie and you need to try it to know your capabilities. But don't think that it's too difficult, if others can't do it, you can't do it either. |
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If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.
Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now. That's just an example but trying it with the Shiba faucet site is fine too, to see how much interest there is from the visitors. Choosing a top coin like bitcoin as a faucet might not give good results because the reward they are receiving now is already very small. They have to try for a long time before collecting a lot of satoshi. But many people would be interested if it were a faucet for coins like Shiba or others where the price was still low. That's why @OP must do research before making his choice in making a faucet site. But bitcoin will have more value and potential than shitcoin with a supply of hundreds of billions of coins and an uncertain future. One reason people prefer bitcoin faucets over other faucets is because they don't want to waste their effort and time with uncertain future coins. Similar to when you invest, will you invest in bitcoin or shitcoin? Honestly, I don't support this OP's idea as I think faucets are outdated, but if OP still decides to do faucet business then I think bitcoin should still be an option instead of shitcoin. |
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