I don't know how I make decisions as a boy.
My father is a military man. He has served in this military sector for 25 years. His term of service is almost at an end. After two months he was going to retire from the job. He will get retirement pension after his service life in the military sector and he has many plans based on this retirement pension.
His first dream is to build a house with this retirement money. But right now in my country all the materials needed to build a house are very expensive so building a house right now can't be a good decision. And I don't feel safe keeping his pension money in the bank because earlier there was inflation in my country where some banks went bankrupt.
So right now I am not able to give him any proper advice as a boy. But one thing I've been wondering for a few days is if I invest half of my father's retirement allowance in Bitcoin, am I doing something wrong?
I feel like if I invest half the amount in Bitcoin for a year after receiving his retirement allowance, I might be able to hand over more money to my dad at the end of the year.
Hope I get proper advice from you.
If your dad agrees with it I mean it wasn't that but investing in cryptocurrency or Bitcoin, is still a very risky investment if you ask me but it wasn't that bad you could probably earn a good amount of profit if you know what you're doing and you have the knowledge about it, just make sure that you know cryptocurrency not just investing on it because you know some people who get luck investing on it. I mean if you ask me investing a small percentage of your money in cryptocurrency is already great, if you have another source of income that could help sustain you depends on how you're going to budget just invest a small percentage and it's enough already. If you're going to buy right at the moment I mean it is still early so I think there is a lot of room to make a profit in the bull run so do it. At the same time investing in other investment that is safer than cryptocurrency something like passive income might be good, slowly you could earn a good amount to start your dream house for sure. |
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I AM STILL ALIVE Started this topic back in those days Topic is Locked but just wanted to inform all of those friends who were concerned about my whereabout I AM STILL HERE & 50 K is ON THE WAY Wow, how interesting is that, Bitcoin was just really the best looking back at a time when Bitcoin was just nothing and now the market price was already reached around 70k$. I mean the potential of Bitcoin or its market price was just so high, with the limited supply of 21 million bitcoin, at the moment we already have an all-time high just like that and we only have around 5% of people around the world who knows or use bitcoin. Just imagine what is going to be the market price if that people increases to around 30% or even up to 100% the market price surely is going to skyrocket at that point. I've learned my lesson in the past years throughout the market cycles and if we are going to base on that market is always going to come back higher, I mean it is still a risky investment for most people but we believed that bitcoin is going to reach millions of dollars or even more, I'm not going to sell my bitcoin, probably going to take profit from time to time every bull run but it was just too good of investment so it's difficult to sell all of my Bitcoin because I believed on it and its potential, bitcoin is still on its process and still continue to adapt around the world. |
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I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?
Bitcoin market needs this kind of correction, the market price cannot really just skyrocket straight to an all-time high or up to 100k$ without some kind of correction if that happened then it's a very big bubble that could easily drop as well, not just drop but a huge percentage drop similar to its pump. The market continues to circulate so as the bitcoin market price continues to increase its momentum there is for sure a lot of correction that is going to happen, Yes, in my opinion, I mean I was hoping for the market price to drop because that just means that you can buy bitcoin at a discount probably this wasn't a huge thing right now but when the market is the trigger we might regret it not buying when the price is still low for sure going back to 25k$ is always a possibility and this is probably going to happen because there is still a long way and at the moment only small traders and investors are in the market, we still doesnt have a catalyst, we're gonna need institutions, governments, companies money. We need a huge amount of money to be invested in Bitcoin in order to skyrocket its market price. |
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The essence of this topic is not to discourage anyone from doing the right thing especially the newbies but just to advise them on some certain things which they have failed to understand. It is not right to see a newbie account with 2 activity and zero merit advising people in the forum on the right investment to choose while investing in bitcoin especially when making the first post here. Even though you have knowledge of cryptocurrency before finding your way to the forum I think you ought to follow the due process by learning more about the things of the forum instead of teaching things you no nothing about, the forum is a place of learning no one is forcing you to teach things you don't have ideas of so don't worry about wanting to be noticed rather strive to learn faster so you can be noticed when you come out with your quality post.
I decided not to include links to some funny post of some newbies because some of them will take it as an insult instead of a motivation and I am open for any correction if I have gone too far trying to encourage them.
I mean I get your point here since they are still newbies here in the forum, the assumption here is they still newbies are they doesnt have enough knowledge or experience in the forum and in the cryptocurrency space as well. But I dont think is right to assume that newbies doesnt have knowledge since this forum is not the start of their journey, probably most of the newbies here are just getting started on cryptocurrency but sure not all of them are beginners to cryptocurrency space sure there are some that already have a lot of experience and already an expert that is just a newbie here in the forum. But for sure the thing here because we see a lot of newbies commenting and teaching other people on a discussion where newbies' posts just doesnt make any sense at all. I mean if that's the case we could easily just report it as spam right? Since that post just doesnt make any sense at all. But as a newbie, if your post is really helpful and you know what you're actually saying, we can easily see through it on their post. So just report newbies that spam some nonsense I guess. |
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A friend of mine in our discussion today about Bitcoin was insisting that salaries and wages be paid in Bitcoin in some countries.
I was of the opinion that the government will not allow fiat to be replaced by Bitcoin .so what is your take on this will it be a positive move on the Bitcoin ecosystem or not
I mean I wouldn't mind receiving Bitcoin as my salary, actually, it's great since I could easily invest my salary in Bitcoin, but there might be some complications for other people since its possible that they are not familiar with Bitcoin but their salary is bitcoin, also the volatile market price is also a thing here because right after they received their salary it might be lower than the promised salary. For me, bitcoin really is not yet suitable to become something like a currency in my opinion bitcoin is great as an investment just because of the volatile market price and its potential because of the limited supply. The government won't easily allow it because we have fiat currency for sure, but there are some governments that support Bitcoin so maybe it is possible in some countries if they really wanted. Still, if it is going to happen it is going to be a big boost to Bitcoin since it just means that we have already adopted Bitcoin I dont think the government is going to use Bitcoin since they surely used fiat money instead of Bitcoin but chances are big private companies that support bitcoin could easily implement this idea. |
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61 - Asuspawer09 Thank you!  |
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I wonder if higher education will help for entrepreneurship?
I am more interested in how much theory will help in this, because during a long study we do not get practice, this will be possible only when we start doing business, until that moment we will not be able to know how much it will help us.
This can help us if we need a license, but in some cases it can be obtained without a higher education.
Statistically, 95% of entrepreneurs have a bachelor's degree or higher and I wonder, for those of you who are involved in entrepreneurship, how useful was higher education for you?
For sure a lot of people are going to say that higher education wasn't really needed in order to become successful, I mean most of the famous successful people are dropouts and didn't even finish their studies right, like bill gates, steve jobs, Mark, etc. In my opinion, it still would depend on how you're going to handle yourself, I mean most people are going to prefer getting that education since it's going to be a big help on your journey to becoming a success. For sure it is still possible to become successful even though you didn't have this kind of education and stuff, I mean a lot of people could argue that primary education is just a funny joke, and we should take it and go straight on starting on becoming an entrepreneur. But all of it will just depend on your strategy and mindset if you didn't have an education but have the right mindset, and your clever you could probably still make it. I guess one of the things that educations luck is just they just didn't teach us how we are going to handle our money, most of it is just aligned so that after you graduate you're going to become a worker or something like that, and if you dont didn't go out on that kind of situation you're going to be stack on that on your lifetime. |
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Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?
Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
Bitcoin surely is going to rise again I mean in my opinion the market price of Bitcoin at the moment is a good price for potential profit in the future, I dont think any billionaires are going to have a problem investing in cryptocurrency or bitcoin at this moment because this is just a good opportunity actually the all-time high was around 70k$ and the price at the moment was just around 30k$. I mean there is always a risk involved in investing even though from a business's perspective there are as well risks involved that your businesses could possibly fail in the future. So the risk of investing in bitcoin and cryptocurrency is pretty common, especially for some experience investors, most of them just walk through the cycle of the market by low and sell high to earn a good amount of profit, These people are the ones who could HODL for the long term since they have a lot of liquidity and can easily compensate on their loses. This kind of resistance is just child play for investors awe all believe that the bitcoin market price is going to skyrocket, especially since we're having a bitcoin halving event next year which could probably trigger the market price to skyrocket and reach an all-time high. |
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I know a thread here said newbies stop teaching when they need to learn on the forum. I am a newbie and this is not teaching, but I want to share with other newbies like myself a simple tip to avoid getting banned on the forum by a offence, which, in the real world, can get you jailed as an academic or fined and punished as a regular person. The tip I use to ensure that I avoid plagiarism is to always run my topics or comments through a plagiarism checker website. There are free ones and paid ones available. Depending on your budget, you can choose which one works for you. Personally, I use the free ones. The free Plagiarism checker I use the most is 1text.com For Artificial Intelligence checker, I found this thread, AI Spam Report Reference Thread by nutildah to know the tools used to check for AI to avoid getting banned. buona fortuna I mean its kind of normal since newbies are beginners and on the forum, they dont have a lot of experience yet on the forum, so for sure they still need to get familiar with the forums with the rules, etc, If you want to avoid getting banned in the forum you just need to follow the rules here. You can check this link Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ. Plagiarism is a common problem since its a forum we do write a lot here and there are just a lot of members that doesnt want to participate on that and they tend to just copy and paste articles on the internet thinking that it might be helpful and probably get merit as well using that. I mean it's easy if you dont know about the topic just dont comment on it and avoid copying something on the internet there is a very low chance that your gonna get plagiarism especially if you're just constructing your post by yourself, plus you could also use the plagiarism checker as you said, it also detects AI work I think. |
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I came across a post made on this forum by someone that says he has $20k for investment as such he was looking for people to advice him on how to go about it, for me it was actually a bad idea consorting everyone for investment advice because you could be lured by scammers to invest on a shitcoin as such loosing all your money because of lack of knowledge about Bitcoin or any investment in general, as someone that has no idea on investment I think the first thing was research google to learn more and also the risk involves. so I was thrilled to create this topic, so everyone could help by sharing there own knowledge on what someone that has no knowledge about investment should no before venturing into.
I may not be the right person for investment advice that's why I'm asking everyone to share their advice, views and knowledge incase something like this should come up, so people could learn and no what must be done before going into investment.
I mean it is the minimum requirement for sure to have the knowledge and make sure that you know what you're doing before even starting to invest in Bitcoin. You should look at the green flags for sure if you think that you already have the knowledge and know what you're doing already and you already have the money to invest in it for sure it is already a good time for you to invest in Bitcoin. But it would still depend on your situation, you could still buy Bitcoin at any moment you wanted but it is just riskier compared to when you're prepared for it, also it is always better to learn from others' mistakes compared if you're going to learning from your own mistakes since there is a possibility that you could lose some money on that. Also just make sure if you really want to invest in Bitcoin just avoid putting your money on someone, for example, if you're going to just put your money into someone like your friend make let them invest your money its better to not invest if you didn't have time to invest for yourself. I know a lot of people who get scammed and lose a lot of money because they trusted someone to invest for them. |
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The job market has become extremely competitive in the past few years, while the increasing cost of living and low wages are forcing people to move abroad for a chance at a better future. Personally, I believe the economic conditions in Greece have been deteriorating; groceries, rent, and fuel have skyrocketed while the available income keeps shrinking. People with degrees are struggling to find jobs in their field that pay above the minimum wage and offer benefits such as paid vacation and humane working conditions.
Moving abroad isn't an easy decision; there are several factors to take into account, with the most important one being the language barrier. I only speak English; moving anywhere apart from the USA and UK would be a huge challenge because I'd have to learn a new language from scratch. Moreover, you'd have to take into account the increasing living costs of Germany compared to Greece, which means that you must have saved enough money until you manage to get settled in one place.
I'm really in a dilemma about what would be best for me. I'll be out in the job market in a few months after I finish with my mandatory military enlistment, and I'm unsure of what challenges and opportunities I'm going to face. I don't want to spend my life living from paycheck to paycheck. It's a good thing that I also have Bitcoin; otherwise, I'd be doomed. There's still something to believe in.
So far, in my opinion, the best option for work seems to be online, especially if it has flexible hours and a working schedule. You can work from wherever and whenever you want, provided you get the job done. Digital nomads have been increasing over the past few years, and it seems like a perfect opportunity that provides work-life balance. I believe that it's something that would suit my personal needs. I want to travel and explore as many destinations as possible, so working a regular 9-5 job with 20 vacation days per year isn't going to cut it.
So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?
Here in my country, the answer is obviously yes, there are a lot of things that need to be considered that moving abroad is just a great option here, and most of my batchmates are already abroad because it was just better there compared to here. The number one reason is just the salary there is better, I can't believe that a college graduate student or fresh graduate will get a below minimum salary. And it's really difficult to land your first job here in my country as most companies want to hire someone that already has years of experience but in a beginner role with low salary. Also, the work here is just really off since you are almost like a slave to the company you're working a lot of hours nonstop, also there are things like doing a lot of work that is not even your job if they know that you know that kind of work, sometimes you're gonna get promoted so you're going to get more work but your salary is still the same what a joke. Still, I believed I see a lot of people become successful here in my country but I guess our country was just in a hard mode compared to other countries, right after my experiences I realize that you could still be successful if you know how things work and have the right mindset, for now, I just focus on getting more sources of income in order to be successful, and right now I still able to land on a great job that doesnt have a hectic schedule while still doing what I love. |
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 For those of us who trade the trend of the market, Bitcoin has been so frustrating since the 23rd of June when it hit another year's ATH before the subsequent ones. That was the last time a viable bullish movement occurred, and it's almost a month now, but it continues to channel with no clear direction as many economic data, news and event updates affect it differently. On a closer look at the market today, this might continue, but two important levels could change the narrative in support of either the buyers or the sellers. These two lines are the $31450 (the year's ATH established in June) and the $29400 (where the correction of June's bullish run ended). By principle, both levels have constituted strong barriers that need to be broken before a trend could be established. However, more attention is on the $31450 as buyers seem to be gaining more traction compared to the lower level of $29400 which has not been threatened since the last day in June. Regardless, more sellers seem to be piling up around $31450, which could only explain why the market has not had a single close above the level in the last 24 days despite all the attempts of the buyers and some positive news. For this, I believe a daily close above the level ($31450) will activate a strong bullish trend, while a break and daily close below $29400 might pressure the market. Even though we are already on great momentum on the market we might still not be ready for the price to go skyrocket yet, I mean its already great momentum since we have been through 15k$ in the past months and then back up to 30k$ again last bull run I mean compared in the past year or past all-time high where it's only around 18k$-20k$ it's already a great leap reaching the price around 30k$, But in order for the Bitcoin market price to trigger the price increase and skyrocket we gonna need institutions, government, organizations, etc as a catalyst that is going to boost the price of bitcoin in the market. Like in the last Bullrun, it is going to be a huge amount of money is needed to be put into Bitcoin in order to for the Bitcoin market price to skyrocket. The title is just a correction in the market in my opinion we are still on great momentum, it is just normal for investors to sell at this point since there are a lot of investors who holds for a long time and there are going to sell for profit at some point so we can't expect a price increase every time, price correction is necessary. |
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I want to use this opportunity to acknowledge the importance and good impact the forum has done on our individual lives, first I want to acknowledged the founder whose identity is unknown but called "Satoshi Nakamoto". Unlike other platform that existed for sometime and later crashed, but Bitcointalk forum is here to stay. The forum has provided an avenue were people that has no knowledge about crypto to come and learn from higher members and be aquinted with crypto knowledge, gone are those days when you pay or looking for people to show you how the crypto works and for you to venture into it, as such you will be charged for the services, but these forum does not only educate you about crypto but also provides a platform were you can be working to make some money after getting to certain Level such as Signature Campaign.
To me these forum is like a news channels because it has almost all the sectors were you could get information about crypto, economics, and Local Board which comprises of different countries sharing information about their country through there local boards.
I believe that through this forum so many persons has achieved something, please the floor is yours to share your knowledge and experience on how the forum has helped you in one way or the other.
The forum is actually a very big help to someone who doesnt know or doesnt have knowledge about cryptocurrency and bitcoin, I remember when I was just a newbie here in the forum, because of the forum I was hooked to learning what is Bitcoin and what is a cryptocurrency, of course with the help of some of my friends, classmates, etc. I've learned what are cryptocurrency and bitcoin and why should I start investing in them. The forum already has everything that you're gonna need in order to start your cryptocurrency journey not to mention the members here that are willing to help you there where signature, bounty, etc stuff as well where you could earn some extra income well here in the forum, I mean the local thread is just helpful and easier to socialize since they are Filipinos as it it it well and there were great since we all help each other problems and share our experiences as well to each other. It's already like a treasure where you're part of a big community where you help each other with investing, cryptocurrency, etc. And that is just the best thing here in the forum  . |
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Looking at the market it is still on the right track on Bitcoin Halving I don't see any factors that could affect the market price of the Bitcoin halving event yet, For sure there are times where on Bitcoin halving the price of Bitcoin doesnt have a big movement since most of the investors are already buy-in if you look at the Bitcoin halving timelines we see that there are some kind of delay on the pump of Bitcoin every time the Bitcoin halving event happened. And it might be possible since investors might expect to profit so they end up selling on the market at that day, but most of the time the price is going to skyrocket 365 days after the halving so there are some sort of delay on the pump.
I don't see Bitcoin dumping a big percentage after the halving most of the investors are aiming for the Bullrun and probably going to sell when the all-time high is reached or surpassed. So they might be some kind of drop but it wouldn't be a big market and will easily recover like in the past Bitcoin halving.
I agree with you that Bitcoin will rebound easily if what you say comes true. But I have no idea how the price will be determined before or after the halving. The general consensus is that the price will go up just before or just after the halving, but I can't decide. We should try to buy as much bitcoin as we can. Bitcoin may reach its target value at the times you say or at other predicted times. Until then, we should continue to hold Bitcoin and watch the market. We still have like 5 months to go before the end of the year, and I do agree, we are still on track, we are somewhat in the boundaries of $30k'ish and in the next several months, I think we can hit $40k-$50k before the halving. So instead of seeing a dump, I think wise investors are going to continue to buy at a high rate because the price is still very cheap. And that's where people become millionaires, they bought bitcoin on bear market, (technically we are still in the bear market), and then simply hold. Probably we could expect 40K$- 50k$ at the end of the year if we are lucky since the end of the year most of the time pumps the market, then we could drop in the first quarter of 2024. There are still a lot of things and factors that are affecting the market price of Bitcoin so we can't accurately predict but if the market continues this way 40k$-50k$ is realistic before the end of the year that's for sure. I mean bitcoin continues to increase its momentum and the market continues to skyrocket most of the investors are going to buy even though the price wasn't dumped because there was just a very low chance that the price is going to drop a big percentage. Like what we saw in the past weeks and months, we did drop on around 25k$ but easily back up to 30k$ which means the demand is really increasing on bitcoin. Even at this point of 30k$, I think it is still a good price for Bitcoin to buy, I mean you could still do a dollar cost average to lower your risk but the price projection next bull run was just so high so 30k$ was just too low to price bitcoin, and we could already notice it since it is already adapted to a lot of countries and platforms as well. |
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1. Bitcoin total max supply is almost at 21milliion, why should I invest?
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
Agree with that, there are only 21 million Bitcoin that are going to exist and the people who own Bitcoin are just a few as you said, and compared to the past year's bitcoin is already adapted to a lot of countries, and in my country, I remember it wasn't really promoted by a lot of platforms you could probably see it accepted on some small stores or gasoline station but it wasn't really popular compared to the day where even days are already promoting it, with that a lot of people starting to recognize bitcoin and cryptocurrency as well and I think it a good sign where the demand of it could easily rise. Cryptocurrency ownership was just around 4-5% around the world you could imagine if it increases to 30% or 50% or something like that because is surely going to be scarce wanting to have a part of that 21 million. If that happened that demand is just going to rise, if the 21 million supply cannot keep up with that the market price of Bitcoin is going to skyrocket for sure, so it's still early to have a part of Bitcoin and start accumulating since bitcoin is still on adapting process. |
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I have been debating about it with couple of my colleagues whether stay on rent or buy a property.
Let's assume, you are well capable enough to buy a new property through bank loan. Your income supports the mortgage payment so banks are willing to lend you money.
What will be the best route to take? Buy the property or stay in a rented place?
The usual appreciation rate of your property value is around 10% owing to the development work that are ongoing. For rented property, your rent increases by 15% every year.
What's the better option for you and why?
For me it's better to stay on your rental property because if you buy a house and you live there then you buy a liability, I mean you could probably loan a house then still don't leave there then let it be rented as well with that the house if paying for itself. That is just because you don't really have a plan to sell the house since your just planning to live there right? so it wasn't going to be an asset but a liability on your side. Your gonna need to have a lot of sources of income, multiple income streams is the easiest way to get rich and earn a lot more money, if you're going to buy real estate and your going to live there then you just keep up your lifestyle instead of making more passive income, It's just my personal thing but for me, if it is just so expensive to get a real estate yet then maybe you should focus on making more income yet and be wise with it. But maybe it will still depend on what is your situation at some point. |
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To all those who read my opinions in different topics, you know that I'm cynical towards BlackRock's Bitcoin ETF because of the vague wording used about hard forks in their registration statement. I want to get that out first before making the "shower thought" for the topic. From an investment perspective, OK, I'm curious if anyone knows, when was the first modern ETF for Gold issued? Wikipedia says it was during 2003. Zoom out Gold's chart to the maximum and look starting at 2003. Merely my two sats, but believe it will be the same for Bitcoin. It will have one of its greatest price trajectory we have ever seen during the next real bull cycle. Perhaps the same as 2015 - 2017, perhaps more? I know franky1 doesn't believe it, we have debated about it before. Although he made a good point, he didn't consider the Cabal's long term, and possibly unlimited, printing of fiat.  On the road to $500,000. I think 500,000$ is actually realistic for the next bull run, the next bitcoin halving event could easily trigger the market to skyrocket, and based on our experience with the bitcoin halving it could easily boost the market price up to 1000% easily right after the bitcoin halving, if we are going to look at the bitcoin halving timeline chart we are going to notice the price increase right after the bitcoin halving. Last 2013 when bitcoin halving happened the market price last 2011 was just around 2.54$ and skyrocket up to 1007$ which is really a lot of pumps considering that bitcoin is just a new technology. Then the next bitcoin halving skyrocket the price to 2500$ and then the next one is up to 56k$ which is really a big pump, if you're going to base our price projection on that we could easily project a 500k$ up to a million dollars, but still, there are a lot of factors that could easily affect that because that is just a lot of money that needed to be put on bitcoin to pump that price. When institutions start to invest as well I think that is what is going to trigger that. |
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I have recently joined the exciting field of cryptocurrencies and heard about this forum as a perfect launchpad to start my journey. Honestly as a beginner, I'm eager to participate in bounty campaigns and explore various free earning opportunities. After roaming around in this forum, now I am little bit confused where to start. So here I invite all experience members to give your valuable thoughts and guidance for me. Start on the forum starting learning about cryptocurrency what you can do is start posting here in the forum, your going to learn a lot with just doing that. You don't need to start your own topic yet you could try to main discussion or comments on so many topics here around cryptocurrency, also start saving money so that you will have funds to invest soon. If you think that you already have the knowledge needed and already know what you're doing, plus you already have the money to invest in cryptocurrency that's the time you could start your investment journey already. Plus you already post a lot in the forum probably when that time comes, if you have a lot of quality posts you're probably rank up as well and you're going to be able to campaign in the forum as well which could give you income as well, I mean the forum is not a big competition so there was no pressure if you didn't rank up but what is important is the knowledge and information, experiences of other members are one of the best things that you could use to make your journey easier. |
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In real life I am a farmer. Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money. So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And Slowly save money. Then invest that money in Bitcoin. I am one of them.
Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin. And we can go further in agricultural development.
I mean Bitcoin really is a great investment and he gets lucky in believing in Bitcoin when he bought it, As a farmer its difficult to get in information on the internet and his friend was really kind in teaching him about it, and he really got it since he believed on his friend advice to invest on it. I mean if you think about it your uncle probably wasn't really into new technology at that time so he's really lucky to even bought Bitcoin at that time. For sure bitcoin will be big on the next Bitcoin halving event and I really think that the 100k$ is realistic for the next bull run, especially after the Bitcoin halving event, I just after bitcoin halving a lot of institution, banks etc is going to invest on bitcoin as well and that is what is going to boost bitcoin momentum pushing its limit and surpassing the all-time high. As long your uncle already going to earn a fair profit on this bitcoin he could already sell it at any time, but he should wait for the next bull run to see and test what is the best price to sell his bitcoin. Also, other farmers should not be greedy thinking that they might be lucky as well when they bought bitcoin, cryptocurrency is still a risky investment. |
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The whales stirred. What should we expect?
Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?
I mean the still the main goal of these whales is to earn a profit, I mean for sure most of the investor's goals are just to earn a profit, and the time will come that they will sell their bitcoin on the market that for sure, But this wasn't actually a bad thing since they are still investors and traders having whales have good and bad things as well, One of the things that they affect is they can probably affect the market movement because they own a huge volume of cryptocurrency or bitcoin, think about it if a group of whales plans to buy or sell a cryptocurrency or bitcoin if they start buying a huge amount of bitcoin at the same time that could easily pump the market, meaning they could easily manipulate it, if market price other investors is going to buy as well thinking that the price is starting to skyrocket but then when whales think that it is a good opportunity to profit already they will sell and drop there holding at the same time. I mean we all wanted fiat because that is what we can use to buy, but that doesn't mean that they are completely moving to fiat, because cryptocurrency is a form of investment so if there is a huge opportunity again they will continue to buy cryptocurrency again. |
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