I was looking at the chart to deduce what could actually happen  in this month of October, but I was surprised when I actually noticed that bull run may not happen 2014. It could be delayed to 2025. If you look at the chart from 2021, you will notice that the M shape is fully formed and  we know that bull doesn't really happen immediately after the second leg of the M. It seems that consolidation will happen for as long as half bear market happened before the bull run will take off. This might delay bull run to 2025.

Still following, 2022 had the lowest rise. So, with the current price of bitcoin, with a 5% rise take it to 30k? The current price is 27,105 and 5% of it is about +1355 which will not the price above 29k.

This is not the first time that bitcoin is halving. Other past halvings already had a bull run that accompanied it. So, this time around would not be a different one. Talking about the price increase that accompanies the halving, it happens in two ways which is;

• Bull run before halving
• Bull run after halving

The bull run before the halving does not last very long, it is only a preliminary to the main bull run but people tend to sell here thinking it is the main bull run. The main  bull run  happens few months after the halving and that is the major bull run but it is not everyone that enjoys this bull run because they must have sold earlier.

Even outside the world of cryptocurrency, when there is involvement of a word called speculation, there is always a database to fall back to in order to have the idea of what to speculate. You cannot just speculate out of a thin air. There should be some tips of what has happened and how it will likely happen in the future and that is where history has to come in.

The technical analysis is all about interpreting history into a graphical form to be able to correlate the past with the present. This is a very strong to in making prediction in the crypto-currency market. However, this does not work alone, you need argument it with fundamentals. Both technical and fundamental analysis complement each other because it is what happens in the news that will begin to play out in the current charts. Also the chart shows you what will happen in the future depending on the psychology of the traders.

Some people are so crazy about leveraging because they think that they have a working strategy.  But it does always end well when one is fond of using higher leverage when trading. Patience is a virtue. If one goes slow and steady with a working strategy, it will only take time to be in huge profits. But using a higher leverage in order to influence your profits faster can only lead to fatality.


It is fine to re-evaluate your strategy once a while. Do no relax and continue doing one thing because it is giving you results.  There might be better unexplored results. That is why it is good to re-evaluate your strategy either by testing it against other strategy (ies) and know the level of its effectiveness.

I have heard many tips to use in the cryptocurrency industry in order to make some kind of profits. I have also tried and tried to practicalize some of these tips. But in the real sense, they are not also proficient. Some of them did not work as they appear on paper. But when you do things out of your own experience, you will certainly make mistakes. But from those mistakes you will build up your experience to do better in the future. There was a tip a good friend of mine gave to me and I never knew that that tip has been in existence in the cryptocurrency industry, but many people relegated that tip because it does not respect average risk-taking.

That tip is to be fearful when everyone is greedy to buy but you should be greedy when everyone is fearful to buy. This is a very strong tip, but for people that has big minds to take bigger risks.

It is only when you understand that trading is not all about buying low and selling high, that you can be successful in trading. There are a lot of things that are associated with cryptocurrency trading. Apart from knowing the charts or knowing both the fundamental analysis and technical analysis. There are other things that associated with trading, such as emotion, financial management and lots more that one needs to study and get acquainted to before they will begin to make profit in cryptocurrency trading.

Those who loses all they have  in the name of trading are the ones that will say that trading ruined their life. If you should ask how, you will be surprised that these people did not know how to trade. There trading is a kind of gambling where you choose if a coin will appreciate or depreciate at a time. When you keep making these choices without some basic analysis to back up your choices, you will keep making the wrong choices and in the end you blow up your portfolio and blame it on trading. Only those who have the patience to learn how to trade make profit in the long run.

In the world of cryptocurrency, especially as it concerns bitcoin, there are a lot of uncertainties and disbelief. Even if you are very much aware that a certain thing will happen in Bitcoin, but there will still be some kind of fear in you because anything can change at any time in the cryptocurrency markets. Majority people also know that when there is information about the drop of bitcoin to an  unreasonable low points, the essence of such information is to make the weak hands to sell their bitcoins and the stronger hands will buy more at discounted price. But once the price begin to drop there will be a very big FUD and that fear and uncertainty will certainly push the price dow the more and when the panic is more, the unexpected could happen but in the end those who held on to their bitcoin are always the ones that will be on profit.

Although I understand the context in which you said that bitcoin always fight back. But in the real sense bitcoin does not fight its fighters and there is actually no one that fights for bitcoin because bitcoin is decentralized and it is nobody's project. Assuming  the creator of Bitcoin - satoshi is still active in the Bitcoin industry, he would have been the one going to court to defend bitcoin in one way or the other even in the media. But today many people say any sort of things against bitcoin but bitcoin do not fight back however bitcoin has a way to prove them wrong, whatever they say, within a twinkle of an eye bitcoin will prove them wrong and will still remain strong because it is the coin of the people
The world is tilting strongly towards decentralization. There is nothing government can do about it. Human being is hungry and tasety of liberty and bitcoin is the only coin that gives this absolute liberty.

I am not familiar with the usernames you mentioned above, it could be that I was not in the forum when this set of people weee antagonizing Bitcoin. I am not quite surprised that most of these bitcoin haters are no longer in the forum and they are very minimal in the whole internet. This is because bitcoin has proven that he is the indisputable king. They have killed bitcoin with their mouths for many times and bitcoin has resurrected and shamed them all.  I have only seen bitcoin SV criticizing bitcoin and promoting a fork of Bitcoin called bitcoin cash. I did not know about his account again because I have not been seeing him.

As Franky1 has said many people who publicly criticized bitcoin may be holding a lot of Bitcoin in secret, but just to deceive the agencies and other gullible people that they do not own Bitcoin.

Most people who do not know much about bitcoin simply take it to be a kind of gambling and that is why such people always blow up their portfolio whenever they are trading. They do not know much about trading techniques, they did not know the fundamental or technical analysis, yet they claim they trade. What they really do is take trading as gambling, to predict which coin will go up and which coin will fall even without putting any kind of consideration. This is the reason why they take bitcoin trading or investment as gambling.
However, in a real sense bitcoin is an investment and it requires a lot of skill to learn about it although there is an iota of gambling in Bitcoin investment and trading, yet, it cannot be called gambling.

I understood that the faucets and airdrop of a thing is about mindset of the newbies. Many newbies still have the believe that they can make millions of dollars in the cryptocurrency industry even without spending a dime. This is the reason why they are busy  chasing airdrop and they do not hesitate to connect their wallets in the quest to completing the task that is given them.
If newbies understand that nothing is actually free in the real sense they will limit the way they flood in airdrop and faucets earning opportunities.

You may see it that fear has made you not to lose money in cryptocurrency when you do not have the knowledge of it. I understand that some newbies will always want to trade and invest when they do not know anything about cryptocurrency and Bitcoin. But I am also not impressed in your testimony because you are not supposed to be fearful of losing. If  you are very scared of losing your money, that means you may never make more money. What you need to do is simply to take your time and advance your skills in bitcoin trading and investment. When you have learnt alot, you will be confident and no longer afraid of losing.

Even  in our daily lives, we lose in one way or the other so stop being scared and do your best in the cryptocurrency market?

This I will also say. There is actually nothing or just a few things you can do with ease and bitcoin is not among them. For you to own bitcoin, you should have certified one of the below criteria;

• Have money to buy bitcoin
• Render services that pay in bitcoin
• Sell products and accept payment in bitcoin
• Have a job from which you can maintain your DCA method

Someone who is poor and does not know where there next meal is coming from may never invest in bitcoin.

Every asset that is volatile in nature is risky and bitcoin is not an exception. This is the reason there is a general rule for bitcoin investment and  even that of other assets like bonds and stocks that are volatile. The general rule is for you to invest what you are able to lose. This very rule has applied to bitcoin for a very long time, especially when bitcoin was relatively new.
But as time goes, bitcoin has gained more confidence and it has been proven that you can only lose in Bitcoin when you sell at loss. but if you have a very strong hand and hold, bitcoin will definitely reverse to profit unlike altcoins  which might not see another uptrend after a big dip

The essence of bitcoin is not to avoid taxes. Please, if you earn in bitcoin and your country taxes bitcoin earnings and transactions, please pay your tax.

That is one of the many profits people enjoy when they play with a reputable and trusted casino.  If this hack had happened to a relatively new and unpopular casino, it would have been an exit door for them. Even when  they do not want to exit, the pressure from the media and the users will throw them into more problems. But with stake, see how calm the environment remained and I bet you that many people that plays with Stake.com doesn't know that they were hacked. This is because there is no panic or prolonged pause of withdrawal   .This is an example that building reputation is very necessary in the gambling business.

I have read somewhere about stake transactions running in billions, the 40 million lost is something that will not take Stake so long to recover because they are much rooted in the business. But then they should have ways to mitigate such occurrences in the future. In as much as it's not affecting them, hacks depict vulnerability which is not a good thing.

This is just an irony of action. If I were to predict that any platform would be hacked any moment I would never includ mixin. Mixin came to the forum with the promise of security our bitcoin and possibly make it hereditary.  They also said that their system does not store people's private keys, rather they hold one of the keys, the customer hold one while the network friends hold one and in order to authorize transaction, atleast two of the three keys holders will have to approve. This means that for there to be a successful hack, the hackers got access to the mixin data base and also the customers data base which is bad.

I know mixin has been in existence for so many years, but they recently found their way to the crypto industry and are willing to dominate. But this hack will be a major set back to their reputation while many will lose confidence even after being refunded. I wish this never happened to them.

MANCHESTER UNITED AND CHELSEA FC, which is better or which will have a better season?

We all saw and understood how last season was among the worst season of Chelsea Football Club in the recent time. After the change of management and successive change of coaches, they were unable to end above the top 10 in last season's English Premier League. For the fact that they bought many new talents, we expected them to perform better this season but to my surprise Chelsea is still struggling to play good football.
In the other hand, Manchester United my club did very well under their coach Eric who was new then. Everyone expected that they will consolidate their performance this season,  but this season is trying to be a different story for them.

Between Manchester United and Chelsea, who do you think will have a better season?

Op, in this same topic you have discussed

• Bitcoin as life
• Bitcoin as the best coin in the world
• Gambling
• Trading  

We all have many things to share but try as much as possible to discuss one theme under one topic subsequent time. If you do so, your post will have less chnaces of being an off topic post.

No one should be addressed as being financially ill, they have the right to their opinions. And examining the cade very well will tell that there are some percentages of gambling in bitcoin investment, which is why you are advised to invest o ly what you can lose. So, be guided.

But gambling is bad, why are you not saying that gambling is bad?

When you talk about bitcoin adoption and possibly its expansion, we should be focused more about new companies that have joined the cryptocurrency industry in order to buy bitcoin. For the case of microstrategy, we have seen them countless times buy bitcoin and hold for a very long time. They even sometimes buy when the price up already. So we are not surprised by the activities of microstrategy. It'll be nice if new people join this race because with the amount of Bitcoin microstrategy is holding, I am beginning to fear manipulation and market control by microstrategy. This is a market of demand and supply with volume the more volume you have the ability to control the market.

MS cannot be at loss even when we knew that the last bull run crashed on MS. The DCA system is powerful that it gives massive profits with small rise in price. If bitcoin touches $30k in few weeks time, it will be a good profit for MS.

I have noticed this long ago and I wanted to report to moderators but on a second thought I didn't report because I noticed a similar sequence in other boards like Economics. These two boards;

• Politics & Society
• Economics

Some of the topics seen in these boards are off topics that the authors do not necessarily want to be in the off topic,  so they gamble it and squeeze in any of the boards and the authors get lucky most times that they aren't deleted or moved.