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781  Economy / Speculation / Re: Should I still hold the investment or sell it? on: December 08, 2023, 06:22:51 PM

At least they have a reason for selling their Bitcoin.
Well, of course, holding will be hard for impatient people and at the moment they will see they have earned some profit already, selling is always in their mind. Besides, we can't expect that everyone will hold long-term or see people sell after seeing a profit already. Perhaps, we have individual investment strategies and we can do whatever we want whether we hold long-term or short-term the most important is we earn money, not losses.

The reason behind selling of bitcoin is if serious then selling of bitcoins is not a big issue because we are investing amount for only to use it when we need it. It totally depends on an investors thoughts if he find it difficult to hold bitcoin then he cannot hold longer therefore in such circumstances avoid further loss and sell if you have profit.

The main reason of Bitcoin's investment is to collect our money as well as extra amount in the form of reward so if we have a chance to find this condition then there is no loss but is happiness for you as you can easily take benefit from bitcoin. If someone is impatience then he should hold bitcoin till the duration at which he can at least earn some amount as a consequence of his investment.
782  Economy / Speculation / Re: Can anyone be a Bitcoin speculation expert? on: December 08, 2023, 09:11:47 AM
Everyone will define the market differently but these predication doesn't mean that they will be accurate or true and will happen exactly what is predicted. Ups and downs is a normal thing in cryptocurrency so whatever happen we should accept it and decide according to the situations.

It will go down from 43k$ but that will not be for longer time and some people when see slight dump then they sell their bitcoin due to fear of lossing money but they forget the fact that after each dump there occurs a huge pump which nobody has ever expected. There is a chance that price will eventually cross 50k$ but when it will happen is impossible to predict.
783  Economy / Speculation / Re: Bitcoin is the only currency that has grown the most!! on: December 08, 2023, 08:23:09 AM
Bitcoin is the only currency that is increasing in worth day by day and also there are some altcoins which attained the greater value so if someone have bought different coins along with bitcoin then they can easily take profit from it. Bitcoin can always going up and before halving it will move towards the highest cost like that of 70k$ or above.

Cryptocurrency market is volatile so condition can be change and unexpected things happen always. 50k$ is far away yet but may be it happens because as quickly it attained the value 43k$ so perhaps there occurs a sudden surge to move bitcoin price to 50k$ this month as 23 days has been left for next year. There is a chance that in December bitcoin will attain the cost of 45k$ so everything is possible until halving and Fluctuations will happen alot.
784  Economy / Gambling discussion / Re: 🌀 [banned mixer] - CONTEST ICC MENS WC 2023 AND DISCUSSION | Free Entry on: December 08, 2023, 07:20:39 AM
I confirmed that I received payment. Thanks for managing such a best compaign.
785  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investing - DCA on: December 07, 2023, 06:46:19 PM
I say that it would do you better to just invest in bitcoin only, maximize the potential profit by buying more right now when the price is just starting to run hot with the anticipation of the bull run and with the halving still in the near future, best believe that you're going to be better off investing in bitcoin only. I'm not saying it's bad that you're investing in Ethereum but think about it, there's going to be an altcoin season after a bitcoin bull run anyway, it's wise to go for taking a profit at bitcoin first and then trying to get in Ethereum after.

Bitcoin can be beneficial if we put all amount in it because we will not be in trouble that by minimising its price we will see loss but we have a strong believe that whenever price downs then upward movement happen more stronger than previous. Choosing only bitcoin is free of risk but there are also some alternatives altcoin which can develop your capital well.

Sometimes Bitcoin price remains in the same position but altcoins develop more and more so if someone diversify investment then taking profit from any coin will be better for him while leave the remaining coin for longer term so in my opinion choosing different coins will be better.
786  Economy / Economics / Re: World is full of things what nobody dont need just too much on: December 07, 2023, 05:44:32 AM
The world is full of things but there are different type of individual some of them cannot afford to buy these things or on the other hand there are some people who have excessive number of these materials than their use. All individuals are not of a similar status so their uses and necessitated are also different.

World is full of these things but people are also using these things abundantly like if we talk about luxuries so people who are rich utilise these things for some duration and then exchange them with new one while there are also middle class families who cannot buy new branded things so they prefer to buy used one.

it is necessary for us that if our home is full of cloths or something else which we don't need further then we should give it to needy people because there are some people who needs these materials but unfortunately they cannot afford to buy it.
787  Economy / Economics / Re: Idea and money are very important to investment. on: December 07, 2023, 02:44:46 AM
Investment is one way to achieve success, where it is best if we have the knowledge to place our funds in investments that we can control, because if not, it could be indicated that we will fall into gambling, and that is not good. for example, if we invest in bitcoin, of course we have to know the characteristics of bitcoin and know what we have to do. After that, what we need to complete is experience, so that we can overcome the problems that occur, here psychological factors and logical targets are very dominant.

We will fall into gambling once we take step into trading with little knowledge and zero experience because we believe that if our fortune is good then we will win so in this situation we don't work according to knowledge but wants to check our fortune. short term trading does not give time to participants for thinking therefore possibilities of failure are more but if someone wants investment in Bitcoin then little knowledge about security and buying procedure is enough because further knowledge can also be possible to get after investment as timing of holding is prolong in bitcoin investment.

Target the price and always keep eyes on market condition and if one cannot check price regularly then through joining of groups one can know about movement of market and can take a better decision.
788  Economy / Trading Discussion / Re: Trading is not very easy; it took my friend a long time to understand. on: December 07, 2023, 01:57:15 AM
Everything requires a long process before we can become proficient in a field. Including in trade. In fact, it took me about 1 year to be able to actually trade without having to ask for advice from my friends. Now I understand how to deal with the market. It's not just about technical and fundamental analysis. But what is more important is how we can manage our emotions well. We must maintain a good mentality in trading. Because I think the toughest enemy that we have to defeat in trading is greed and excessive fear. Greed and fear can make us impatient in taking a position in trading. If we have made a profit and greed arises then we want more and take more risks. And when we experience losses, we realize that we were wrong by involving greed in our trading. Apart from that, money management is also needed.

learning and experiencing are two different things therefore if someone knows about everything and learn then he should not think that his success rate will be more because before entering into the market person does not know anything but if someone enters then he forget all the things which he learned because everything seems totally different. One year is not enough to learn all the things because experienced traders often loss their money so when it comes to reality then more years are required to become a successful trader.

At start people wishes just to get money in a second but such thing is not possible in crypto trading therefore one who keep their greed in control will find a better way which will be fair for their victory. emotions are not easy to eliminate therefore taking profit on time and understanding of market is essential for hiding your emotions.
789  Economy / Speculation / Re: Should I still hold the investment or sell it? on: December 06, 2023, 05:41:16 PM
Believe me, the regret when you see the price going up very high after you have sold early is more painful and makes you more restless than seeing the value of your assets or portfolio fluctuate, and I say that with experience and that's why I always recommend people to not panic after seeing short-term downfalls of Bitcoin or the market because once it goes up, you will have your wounds healed up pretty quick and the pleasure when you see your portfolio gaining value is extremely sweet.

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

One who sold their asset earlier because of the thoughts that they will loss money if market goes down so when he see that market is going to increase day by day then this type of emotions are really sad for him. As we have seen bitcoin history so we should not rushes towards profit because the more you wait the more you will be profitable.

If someone get profit and sell their assets with profit then there is no need of regression but still human desires are incomplete always so they wishes that if they had huge profit than this then it will be better but a man always find an amount which is in his fate. If someone feel to regret for selling of bitcoin in past then he should remember that if he obtained benefit then don't be sad for it and try to be more profitable in future by buying more now.
790  Bitcoin / Bitcoin Discussion / Re: "Bitcoin investment is the key to success" on: December 03, 2023, 07:03:24 PM
You sold your bitcoin earlier its a mistake but you sold it because you need money for buying laptop and also you get profit from your bitcoin is a good point towards achievement. There are large number of individuals who get little benefit from their bitcoin investment and sell in the past, the fact behind it is that no one was understandable that a day will come when bitcoin will make them Billionair.

Now you should work hard to increase your saving and when accurate time arrives then buy some bitcoin again but now the price is much higher therefore wait a little bit so you can get a chance of investment again.
791  Economy / Gambling discussion / Re: Appropriate percentage of income for gambling on: December 03, 2023, 06:50:19 PM
Your strategy is good as you limit the amount of money for gambling but if your limit increases after sometimes then gambling can be hazardous for you therefore keep control on your limits always. If someone has fix days on which they gamble and also they use minimum amount each week then gambling cannot be risky but if a person become regular gambler then it is not possible that gambler will quite gambling.

5 percent is a minimum amount and its okay to use such amount but if a person is spending whole salary on gambling then it does not sound better. If your luck does not help you to get profit then don't rush to use extra sum of money but wait for next week so in this case your loss will be reduces.
792  Economy / Trading Discussion / Re: Weak or wise? on: December 03, 2023, 06:10:16 PM
I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

Yes this is a good strategy because if someone continue trading after getting a big reward enters into the market with great percentage of money but then they loss all their money because market is not always same as expert predict. There are also some people who don't take their profit when the market is under favorable condition because they are waiting for more pump therefore they loss huge amount by doing such mistakes.

Exit trade for sometime during some unfavourable condition is necessary because continously trading can proves to be risky and also remember that don't use your profit in trading but continue your trading with the same amount always and if you loss all the limited sum in trading then exit trade for some months.
793  Bitcoin / Bitcoin Discussion / Re: Should altcoins be blamed? on: December 03, 2023, 05:25:02 PM
We cannot blame bitcoin or altcoins but its our faults that we failed to get profit from it therefore blaming an asset does not create any sense. I think if a person knows basic things and familiar with using accurate strategies on right time then he cannot say about crypto that it is not trustworthy.

Bitcoin is a solely coin that doesn't give loss to its users so when they loss money due to their carelessness then they should agree to receive their mistakes instead of putting all responsibility on bitcoin. In altcoins we can say that all of them are not able to give its holders profit because they dies after some time so users can blame altcoins but also there are some mistakes of crypto users as they don't investigate deeply but buy unknown coins. Get a complete knowledge is needed for attaining good revenue instead of blaming altcoin or bitcoin.
794  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: December 03, 2023, 04:28:52 PM
Gambling with borrowing money is not a good idea because once you become acclimatize to such habit then you will always prefer taking loan instead of leaving gambling. Gambling at first stage are not so danger but as time goes a gambler mind become narrow and they only think to accumulate money no matter the idea of accumulation is bad or good because they requires money.

If a person do not have money then it is a good time to leave gambling but if he Don't leave gambling and start taking loan then that time a person become useless and he then cannot leave gambling in whole life. I think gambling is one of the timing wasting and money wasting activity therefore as you are using money for gambling so such amount can also be used for the purpose of earning with another way like that of finding a place and initiate a business.
795  Economy / Economics / Re: Fuel prices hitting an eight year high on: December 03, 2023, 03:40:24 PM
As Saudi Arabia has been the best fuel producer we all know about the fact. The have no use of it on almost when the people need it. That's why the price of water in the Saudi Arabia is high as compared to the Fuel in  Saudi Arabia.

All because they have their own wells of the Fuel through which they are supplying in other sense they are exporting these fuel to other countries and are getting their profit in some other ways of income. That's why they didn't mostly take loan from other countries and are independent.

Those materials which are using in country abundantly will have no impact on Economy but those materials which are excessive in quantity are used for the purpose of exporting to other countries therefore it helps in making the economy of a country better.

Those countries in which the system of exporting is stronger than the process of importing will be successful always because others country will depend on them but they will not depends on others. Although water supply is maximum but is used in vast quantity by all countries all around the world therefore the quantity become less with the passage of time so obviously there will be a time when price of water will become more higher than the worth of energy supply. The price is related to the quantity so when quantity is lower the price will be higher and when quantity reduces price will directly proceed.
796  Economy / Trading Discussion / Re: Trading can ruin you on: December 03, 2023, 03:04:36 PM
Trading is a good way for us to make profits for ourselves but the difficult aspect can be tedious if we don't have enough information to back our trading strategy. Those that do make profits from the market are mostly always getting information ahead of others and they are quick in making the right decisions. Just like in pump and dump method of trading and making profits from the market.
Improving our skills as a trader too can help us achieve more profits while doing the same thing others are doing.

Information about trading is compulsory therefore one should not think that if he enter the crypto trading without information regarding trading then he will win all the times. Those who learned from their mistakes and try to reduce their mistake can do better in future and those who don't learn but without information try again and again to earn his lost cash back can never achieve his goals.

With information you can decide well but if someone is not capable to decide then he just wish to earn without learning which is impossible. Trading is not a game which you will play to earn but it is a process in which only those can get advantage who are knowledgeable about trading.
797  Economy / Economics / Re: Inventing a job is better than finding a job on: December 02, 2023, 06:32:23 PM
That's true and that is a strong reason for people who prefer looking for work rather than making their own work (doing business) plus doing business has high risks and you have to start using capital, not everyone has the capital to do business.
I will not blame people who prefer looking for work rather than doing business because sometimes business is done by opportunity and not everyone has the opportunity and opportunity to do business.

Yes everyone does not have opportunity to start business but they should work for getting such opportunity because there is nothing in universe that is impossible to do. Getting job is more desirable opportunity because with job one can proceed with his business and can achieve better earning prospective than a single job or single business.

Business has some risk but everyone can understand that more the threat so increase will be payback therefore don't stop doing business just because of risk. Now a days one cannot get job easily therefore if you find a job stay in that job and and if you find a business opportunity then continue both as dual income can support family better.
798  Bitcoin / Bitcoin Discussion / Re: What happen if Bitcoin shutdown? on: December 02, 2023, 05:06:17 PM
Previously people were talk about bitcoin that government will shutdown bitcoin because in most of the countries bitcoin is not allowed for transaction and investment but now everyone gets familiar with the fact that bitcoin is one of the best investment tool that can never be shutdown by government.

As we are taking about altcoins so they will totally vanish if bitcoin unfortunately loss its value. Bitcoin is the first cryptocurrency coin that increases in worth all the time therefore we cannot that it will ever vanish. But if we think about reality then cryptocurrency is not guaranteed and we can see each and everything ranging from boosting price to vanishing nature therefore fully conditional on crypto is not suggested.
799  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the urban myth of the money of the future on: December 02, 2023, 04:51:05 PM

Bitcoin was made so that we could send money digitally without using any third party intermediaries it is because of bitcoins nature that it has become a valuable investment and so people started investing on it and in the process more and more people have found bitcoins potential and started investing as well Bitcoin was not made primarily for investment it has other purposes as well aside just for earning you can store your money, send/receive money and many more

After origination of bitcoin the life of most of the people are becoming easy because those who have less income are now earning valuable sum of money but not immediately but they wait for years and now they are reaping their fruits. People are sending money to one another in the form of bitcoin and this mechanism of sending money is quicker than any other mechanism.

People are also holding their bitcoin for years that's why they believe that one day price will plunge and surely good time is near. Bitcoin was previously originated as a currency but now as compared to payment People are often using bitcoin for investment because inflation is on peak and everyone wants to earn a good amount to continue their life journey easy.
800  Bitcoin / Bitcoin Discussion / Re: Invest only in Bitcoin and never invest in shitcoin on: December 02, 2023, 01:35:06 PM

I don't know if there are others that uses SHitcoin for long term holding ? what I do know is that others that keeps those shitcoins in their folio are the one who was being trapped and decided to keep them instead of selling in super low prices.
because instead of being complete loser they are praying that one day those coins will still have value(hoping really bad)

If someone buy certain shitcoins then obviously they will wait until next Bull run because if they sell these coins in less price then they will be in loss but they are in hope that one day their coins will increase in price and will show as a coin full of profit.

 I think that selling at lower or no price is a bad choice because if your coins are useless and you keep it for longer time then there is a possibility of attaining higher worth in future but if you don't value shitcoins then you will loss your money forever.
There are numerous people who become moneyed by holding shitcoins because they don't loss loss hope but they still consider themselves lucky and finally they get what they deserve.
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