Cointelegraph is poor to create quality articles for their website. This article is like you go to Times Square and say I found imperfection in a very big advertisement panel. An imperfection dot like a sand on the panel. bitboy originally created a Bitcoin logo with classic or ancient style but after community asked for changes, bitboy made another version that is more futuristic and it's what we have today. New icon/logoMore Bitcoin logos, buttons, and also some other graphics |
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It's always good to keep your eyes open while doing DCA. So I wouldn't suggest you to invest same amount in all market conditions. Rather, invest more when the price is less than your average buying price and invest less when it is higher. That's the wisest route to take.
Because if you keep investing same amount when the price is higher, you will risk increasing your average price. So play slow when the market is higher than your average buy price.
Important for OP to consider where the market is now. Is it in a bull market or in a bear market? If OP thinks it is a in a bear market (I agree with), it is good to continue DCA. In addition, if OP believes that in future, just with a next bull run, after a next halving in 2024, Bitcoin will at least reclaim its all time high nearly $70,000 or better make a new all time high above $70,000, price around $25,000 is a dream for many people just next one more year. If OP agrees with me on these two points, why stop DCA with price under $25,000? |
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Even if bitcoin still not consider as legal tender still people can use it whatever they want as long as their government didn't ban it.
The opposite is existing and true too. Even Bitcoin is considered as legal tender in a country, there are people who use it and there are people who don't mind to use it. You can not force others do things they don't like and don't want to do. If there is no prohibition against Bitcoin, it's fine enough to use it without fear to be put into jail. That is enough to continue expanding adoption for Bitcoin at local and global scales. We actually don't need bank if we decide to do so since we can store our money in our homes but we need a good vault to make it safe away from people who want to do bad things about it.
You will likely need good vaults to store your hardware wallets, your seed phrase, private key backups against physical damages like fire, water, earthquake, heat. With Bitcoin, good practice to create your wallet, back it up, store backups safely, you control your coins and fund. You do no longer need any central banks to secure your fund and approve your transfers. You can do it all by yourself, secretly and very safely. Security checklist |
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I feel I have a great average currently but now that it has shot up to $24,600 buying now will increase my average price quite a lot.
You can DCA in uptrend or in downtrend because DCA is applied for investment. If you believe Bitcoin will be upward in future, today price will be bottom in future next 5 or 10 years, you can continue DCA in this mini run. I usually DCA weekly but thinking I may miss this week and buy more once we have another pullback.
Sometimes it will be pulled back and you win with your waiting. Sometimes, it skyrockets and you fail with your waiting then end with buying at higher price than like $24,600 today. By predicting price, peak and bottom, you are breaking core idea of DCA that is to eliminate emotion and psychological effects. |
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You don't need legal tender and legally allowance to use cryptocurrencies. Citizens are allowed to do everything that are not prohibited by laws so even if cryptocurrencies are not accepted legally, you can still use them. Only if government locally prohibit cryptocurrencies and put it into kind of crime, you will not be able to use them legally. Legal tender is big achievement from El Salvador but you see, we don't need legal tender for Bitcoin globally to use it globally. Cryptocurrencies are created from blockchain technology that can be used to further change the world so they will be here and become more adopted globally. Status of Cryptocurrency regulations around the world |
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I don't understand why you made this topic. I thought it is an invitation letter to guests, customers. Is it a letter from your business or from Binance? I don't think it is from Binance definitely so only one chance left, it is from your business. So where is the link of the invitation letter on your website? Because it is impossible from your business, I move my mind to another option, it is your educational topic to guide newbies creating accounts on centralized exchanges for trading. In this guide, you teach them to open account on Binance. Binance. How to get started? New user guideIt's worthy to mention Reminder: do not keep your money in online accounts |
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This type of issue must be handled with great tact, because there are very sensitive players who may react badly thinking that they are being attacked, it is necessary to take into account that some casinos acquire licenses that require KYC to maintain authenticity.
Depends on their license, where their companies are in, they have to fulfill requirements of local authorities and if they are a legit casino with high trust history, nobody will reject KYC. If they love the platform and don't feel they can find better platforms as alternatives, they will continue to use their loved platform and complete KYC with no single complain. Like on Binance, I don't see reasons for people to reject using it and reject to fulfill KYC on Binance. I also understand that many players want to take care of their privacy and anonymity, this is considered a right, but each casino has its own rules, and the moment we accept the terms and conditions we accept everything. There are many threads where this has been discussed, however there is no general agreement because they all have different and very valid points of view.
Because many data leaks, data sales from big companies and in dark markets, people are fearful that their identities, privacy will be lost if they submit documents for KYC but later those document files will be leaked or sold. |
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It is good amount of Bitcoin only now. Back then, it was as worthless as claiming tBTC from faucets is today. Nobody imagined Bitcoin becomes this big. Otherwise, do you think some body would have given away 5 BTC so easily back then?
I know that Bitcoin did not have great value in 2010 but the faucet is from Gavin Andersen, a Bitcoin developer. I believe that he had good belief in future of Bitcoin but perhaps he did not imagine Bitcoin will have value like $60,000. His faucet is iconic part of Bitcoin history. Imagine you think you can not claim too many Satoshis daily from Bitcoin faucets today and in one decade a Satoshi is worth $1.
I don't believe one satoshi will become $1 in next decade. If it becomes $1 in 2033, the global economy will be in hell and I don't want to be part of it. Maybe 1 satoshi will be worth $1 in 2140 but I will no longer be alive in that year. |
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1. malcovi2 - 250$ 2. xGennady - 150$ 3. Strongkored - 300% Bonus 4. No One  - 200% Bonus *1st place and 2nd place winnings will be credited to player's 4CryptoBet account within the next hour. *3rd place bonus will be credited to player's 4CryptoBet account an hour within player's deposit The reward for first and second winners are so great but I don't really understand about rewards for third and fourth winners. Do you have any limit on deposits of third and fourth winners? They will get 300% and 200% from their deposits so if they deposit $1000, they will get $300 and $200 in bonus that is bigger than rewards for first and second winners. I guess your team have a deposit maximum for this distribution. Why don't consider rewards for them in $ too like $100 and $50? |
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Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin.
Bitcoin is not a living organism and it is not able to feed anyone. Bitcoin blockchain is not able to do this as it is only a public ledger to record all past transactions. Miners only confirm transactions and receive block rewards, transaction fees. Bitcoin faucets are able to feed people but faucets with good amount of Bitcoin is past stories. Today you can not claim too many satoshi daily from Bitcoin faucets to feed yourself or your family. Get 5 free bitcoins from freebitcoins.appspot.comIt is a first Bitcoin faucet, 5 BTC a day. https://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/ |
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AI writing post against forum policy?
It is against forum rules if you copy and paste an AI-generated answer to post here. It is plagiarism that is not allowed by rules. I am sure posters who use AI-generated content to post here, only to get post count and mainly they do it for money. It is against forum rules, steal contents, plagiarize to get money. I am more sure that those posters will not publicly note that their posts are from AIs. |
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After seeing the revolution of cryptocurrencies I am actually thinking of accepting Bitcoin in my business and for escaping from the volatile
Even I like the idea to accept Bitcoin for your business because it is a contribution to increase Bitcoin adoption world wide and locally. I don't think you understood it right. Bitcoin is a very volatile asset, I don't say it is a most volatile asset of course. If you want to accept it for your business to escape the volatile, that is not correct. I guess you implied about escape inflation or hyper inflation from governments and central banks with their fiat currencies. Is it what you meant? I wanna know that is there any platform where after depositing BitcoinBTC it can be automatically converted to on others currency (specially in stable coin).
Check the [list] Bitcoin Payment Processors. They charge service fees and if your business is small, I don't think it is smart to use those payment processors. |
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My best guess would be a P2P transaction in person, but that's quite unlikely.
Peer to Peer transaction is a good way to go for you and you can pick good P2P platforms without KYC. If you use their services, you must know how to choose likely good trade partners (old accounts, good reputation, good trading behavior score ...) and know how to mark your trade as Paid, how to start a dispute as well as make sure you always record your trade procedure in video format for dispute when you need it. Current list of exchanges without KYCPersonally I recommend Bisq https://kycnot.me/exchange/bisq |
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I think that is the point, because Barcelona is far superior when they are playing at home, so if United could get a draw in Nou Camp, then they could end up getting a win in Old Trafford a lot easily. If they lose, they could still make a come back, like lose 1-0, but then win 2-0 at home so United could still proceed with that mindset, but that doesn't mean that it could ever happen in that kind of way.
Playing at Camp Nou is never easy for guest teams. In the past, when Barcelona are big names in Champions League, I saw some clubs can challenged Barcelona at their home stadiums, got wins at their homes but later when they visited Camp Nou to play in the second leg, they failed and were beaten by Barcelona in aggregated result. Barcelona are no longer big and dangerous like they were in the past but I believe their home stadium is still a challenge for guest teams. I believe that we should be expecting a big fight from United on first game, they will throw everything they have and will try to keep possession of the ball and just slow the game down as much as possible to get a draw, will be very difficult but not impossible.
Both matches are big fights for both clubs but I don't know what made you believe that Manchester United can get a draw in Camp Nou and later they can win easily in Old Trafford. Sounds like you are considering Barcelona too weak in this season? |
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G20 discussed about Bitcoin, crytocurrency, stable coins, years ago. Their 2020 Meeting Press releaseWe reiterate our statement in October 2019 regarding the so-called 'global stablecoins' and other similar arrangements that such risks need to be evaluated and appropriately addressed before they commence operation, and support the FSB's efforts to develop regulatory recommendations with respect to these arrangements.
Sooner in 2019, they made a declaration on cryptocurrency too. G20 Meeting in JapanI believe that governments, global finance ministers and central bank governors will discuss more about cryptocurrency because they will be accepted more globally so that they need to make more and better regulations. |
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An article on Cointelegraph [2] reports that PayPal keeps its customers' cryptocurrencies through the use of a third-party custodian. The company emphasized in the filing that it has a contractual agreement in place with the custodian mandating the segregation of customer assets and prohibiting their mix with the custodian's proprietary or other assets. However, PayPal stated that they cannot guarantee the effectiveness of these contractual obligations in the event of the custodian's bankruptcy or insolvency.
I hope people will read those reports and be aware better about high risks if they use Paypal to buy cryptocurrency and store their cryptocurrency with Paypal accounts. Not your keys not your coins. It is true for Paypal and Paypal users too. Both Paypal and Paypal users don't have keys of cryptocurrency and what Paypal users get is only a digital number credited to their accounts. The actual cryptocurrency amount is hold by a third-party custodian company, not Paypal. Risk to see the contract broken by that third-party custodian company is real. You can use Paypal to buy cryptocurrency if you don't want to use other platforms but withdraw your cryptocurrency to your non custodial wallets instantly after your deal on Paypal is done. |
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That's a wonderful news for me since i were putting all of my bets on bayern. It's bad news for those who may put their money on PSG but i just hope that neymar will not able to play against bayern as well. This is really giving me more advantage caused by some important players unable to play against bayern in UCL.
It would become a terrible scenario for PSG if they will lose both Neymar and Mbappe for matches with Bayern Munich in Champions League. Even only don't have those players in one of two matches is already nightmare for PSG. Because in big knock-out matches between big clubs, aggregated results can be decided at home or at home-away match. As a football fan, but not as a fan of either PSG or Bayern Munich, I hope that they will have their best players for two matches except players who got injured a long time ago and have yet recovered. Of course, some people who have already bet on PSG will be very confused by this news and no one would have thought that something that shouldn't have happened would instead come ahead of the first leg, which is less than a week away.
It is rumour now and maybe it is the rumour attempt from PSG to make Bayern more careless for matches between them. However, it can be true too and if it is true, PSG looks to be very unlucky in Champions League. In many big knock-out matches there, they got problems of their important players. That impacted their performance that was worse than usual if they have best players. However, it shows that they have yet become a big club in Champions League and don't have enough power to make opponents fearful. |
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If you want to analyze the market condition properly then you must use multiple indicators.
It is not true. If you are not too actively trading with 5-min, 15-min or 30-min chart, you won't have to use too many indicators. Applying many indicators can mislead you to what actually is going on the market. Look at fundamentals is better and with fundamentals it means you should invest, not trade. You can never make accurate market predictions using only one indicator. However I can say based on your question if I was asked to use an indicator I would use the RSI indicator.
Precisely, all predictions are wrong no matter how many indicators you use for predictions. However, a trend is a friend and if you believe Bitcoin is a trend of human civilization, it won't be stopped and you can hold it and enjoy profit. You won't have trade or make predictions and feel pressure, headache because your predictions are not accurate. The indicator that I think I prefer is support and resistance. There are other indicators though that I can combine with for better trade. The reason for choosing support and resistance above all other indicators is because it doesn't move or lag behind, it is permanent at whatever point it is and doesn't repaint no matter the volatility of the market.
Support and resistance can change and flip each other when market changes its trend from bullish to bearish or from bearish to bullish. Strong resistance will become strong support and strong support will become strong resistance after each trend change. |
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Altcoins are weak by their designs that can be easily used for scam as well as very vulnerable to hacks, attacks and regulatory attempts.
Altcoin developers can create their coins from thin air, by pre-mine their coins, pre-mint their tokens and can mint more tokens if they want. Staking is one of most attractive features from altcoins but it is like a favorite feature for Ponzi scheme. Early investors, early stakers will get real high APYs but late comers will be burden by risk of price falls, collapses and they mostly won't get actual high APY at the end for their investment. It is kind of lie from altcoin developers to altcoin investors.
If anything can be done to stop this, I think it is good and I support this regulation too.
Bitcoin is strong by its design. Nobody can be able to create more Bitcoin than 21M and if you want to have it, mine it with mining ASICs or from exchanges. No passive income by staking Bitcoin like altcoins. Less inflation and no impermanent loss risk for investors.
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In Bitcoin, for investors, golden cross is not too meaningful.
They can simply experience and know about 4-year cycle. How bull market starts, how long does it usually last, and how does bear market begin and last.
Usually with 4 year cycle, Bitcoin has 1 bullish year, 2 bearish year and 1 warm-up year before a halving year. If an investor does not want to DCA and skip all market conditions, a good choice is wait for about more than 1 year and up to 2 years after an all time high to buy Bitcoin. Good price for Bitcoin can be gotten for your investment and you will have to wait about one more year till a next bull run.
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