Genuinely want to know what prevents your friends/gf/ colleagues from investing? Did you have any barriers when you first started?
My experience I started to learn Bitcoin when I was just a student, I try to find ways how I'm going to invest in Bitcoin but since I'm a student my biggest barrier was the money, as a student I do not have the money to invest on Bitcoin, And I imagine now that if I did but bitcoin that time, it's going to be a huge profit since the market price of Bitcoin that time as just around 400$ if I did have enough money to invest on Bitcoin I did make a big amount of profit. I would say that knowledge as well is really plays a big part here, I don't really have enough knowledge on Bitcoin at that time so I don't really know what to do at that time, If I have the knowledge that I have today that time I'll probably going to buy with my own money using my allowance just to invest on Bitcoin. I'll probably still make a decent profit if I did that. Money and knowledge I guess was probably the most common that prevent beginners and newbies on starting on investing on Bitcoin. |
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Since I joined this forum I have always wanted to invest in Bitcoin however Bitcoin investments in my country is not easy because of our currency value and the government is not in much support am currently working on convincing my mom to accepting Bitcoin in her tailoring shop i Also intend on hodling those Bitcoins
I would appreciate any advice on this my move
Investing in Bitcoin is great but if you think that investing in Bitcoin is going to put you in trouble in your country it's better not to do it since that could just lead to losing your investment, But if you have enough knowledge and know what your doing then go and invest on it. I mean Bitcoin is decentralized so it's natural actually doesn't really need the support of the government. I mean in my opinion, the Bitcoin price at this moment was already a good value, accepting Bitcoin on your Bitcoin is not that great since it's a volatile currency your investing the money directly on Bitcoin meaning you are forced to buy Bitcoin every time there was a customer who pays Bitcoin which is probably great but that could end up bad on your business because your not really going to sell that Bitcoin right away your just going to leave it as a bitcoin then sell it if you have a opportunity for profit that just mean that your business need a lot of cash flow so make your you could still sustain your business if your going to accept Bitcoin payments. I mean if your really interested on investing on Bitcoin just do it and start your journey already, what you can do is dollar cost average to lower your risk and at the same time you could just invest the money that you want weekly or monthly. |
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Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
If I need to choose between the two I would choose to copy trading but both of this are not great, copy trading wasn't really that bad since you're going to copy the trading of the people who makes a lot of profit so you could easily guarantee that you're not going to lose money since they are probably the most professional trader but if you really want to invest on cryptocurrency or Bitcoin the first rule is you should be the one that is going to do it, not like you're going to invest on someone who is a trader and then give them your money letting them trade for you, if you do that there is a good chance that you're just going to lose your money. I mean I see a lot of trading bots already sometimes these bots are lucky and able to create some profit but most of the time they just lose the trading, I don't think there was an accurate bot that could easily predict the market if there was then bot traders I guess was already rich, but it was not so just don't do bot trading to avoid losing money. |
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Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.
However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
In my opinion, owning a luxury brand wasn't really a bad investment I mean it's a good investment since most luxury watches or vintage watches are collectibles so the value of it is increasing over time depending on the rarity, but these luxury brands' cost you a big amount of money so it's obviously going to be risky as well putting on this watches, I mean it wasn't really a guaranteed profit as well. I would prefer Bitcoin investment compared to other assets or investments like luxury watches, just because of the high investment in luxury watches I would not prefer it, I also feel like these watches could be just for people who can afford this kind of item, it's going to be huge money if some of this watches prices are going to drop so you should make be able to afford that, your gonna need a lot of knowledge about this items if you really want to invest on this kind of brands. Unlike Bitcoin, you could invest as low as you want and still earn a good amount of profit in the future. But I invest in Bitcoin for the goal of buying an asset like a house that I want to use as an apartment where I could earn a passive income. |
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I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"
Whenever bitcoin makes an increase in its USD value it means the demand for Bitcoin has boosted as that has reacted in the price so since Bitcoin is not like all those shitcoins/altcoins it then means using the term pump in your attempt to define the recent price increase in bitcoin is wrong so in an attempt to uncover the reason behind the recent price increase for Bitcoin I stumbled on a couple of reasons but then we have to know that Bitcoin as a volatile asset, does not rely on a particular event of news to make a price rise since it price depends only on the demand. I mean yes the Bitcoin market price basically depends on the supply and demand on the market, if the demand is high and the supply is low then that could easily boost the price of Bitcoin making it pump to a certain percentage. There are a lot of factors that contribute to the bitcoin market price pump but the most common just depend on the news, articles, etc. online since that is the one that creates FUD or encourages investors to buy bitcoin most of the time. Bitcoin market price could easily skyrocket at any time pump like this at 30k$ could easily be good news meaning that the bitcoin demand is increasing, but there is resistance at 30k$, one great piece of news about Bitcoin could easily break this resistance for sure. You can't really accurately predict the movement of the market since there are a lot of factors that affect its movement of it, so the best thing to do is just to position your self to this kind of pump, market price could probably stay at the 20k-30k$ range but at any moment it could easily trigger and skyrocket, if you accumulate enough Bitcoin when the market price is still low you could potentially make a good profit in a short amount of time. |
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I noticed I received last week's payment  We had a great run! Thank you! |
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I'm happy to say that I am no longer in the newbie rank. I can remember being ashamed of the newbie rank glaring on my profile. I soon got used to it and then ignored it and focused on growing my knowledge on btc and crypto in general. I can say I've learnt a whole lot with loads more to learn. Learning is a continuous process and I look forward to growing in continuous knowledge and information sharing here in the forum.
Very well Congratulation then, I mean nothing is wrong with being a newbie we are all once a newbie at some point and that is the time when we learn a lot about cryptocurrency there's nothing to be ashamed of that. You know nothing is wrong if you're asking a lot, if you don't know anything about something you just need to ask about it nothing is wrong with that and its better than just doing nothing, newbies are the future of this future, lot of high ranks members are already inactive some of the members are already old so soon, newbies and low-rank members will be the future of this forum. My advice is just don't mind your rank in the future, continue your journey on cryptocurrency with that you could easily share your experiences in your journey and at the same time if you don't understand anything you could easily ask here in the forum, your going to rank up naturally there was no pressure there, you could take a break anytime when your tired, good luck on your journey mate!. |
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I completely agree that we shouldn't force anyone to learn Bitcoin, Teaching someone about Bitcoin could be a big help in Bitcoin adaptation but sure there are still a lot of ways and it's going to adapt in a lot of countries whatever the government does it's going to happen soon, its always my take about the discussion of teaching our kids about bitcoin I really think it's a great thing to teach our kids bitcoin but not at a very early age probably the best time is when they are teenagers you could start teaching them about it and when they reach collage you could probably teach them how to buy bitcoin and teach them what it is. I mean it's not actually necessary that your kids needed to learn Bitcoin but if you know Bitcoin it feels like you need to teach this to your kids, but you can't really force anything if your kids get interested in Bitcoin then it's a good thing if not then maybe they need to realize something first before knowing the importance of investing and saving. I mean forcing someone is not really going to work you cannot force them to invest or buy Bitcoin it would just end up broke in the end, investing in Bitcoin is a risky thing, and without knowing what is Bitcoin your risking your money and probably going to end up losing it.
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Lately I've been wondering if we can find out who ignored us. Is there any way to find out who ignored us?  No, just don't mind it I guess, I mean that if we can see who ignored us that could to more problems since members might get revenge on you at some point right unless if it has the option you could make it private or public then with that you could decide if you want to show it or now but I guess its better this way just for privacy. I mean the forum is not perfect there are still a lot of conflicts from a lot of members here so that could just trigger more conflict in the future. Even though it wasn't like red tagging someone I guess it might still hurt someone if they know that they are on someone's ignore list. This was just a preference of the members if they don't want to see your post they could ignore you I mean it wouldn't really affect you other members just prefer it that way so let's just respect that. Also, some members just use ignore list on spammers here in the forum, I guess if your high rank here like DTs there just so much going on so putting spammers on ignore list could lessen that. |
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As a first post I wanted to try and motivate people in the community. If at least one person will be motivated by this post, it is a win for me! Clearly, by the LUNA fall and then we are experiencing a bear market. No one can deny that. I have been in the space since 2017 - I wasn't just too bored to write here, since now  - and I have seen a lot of ups and downs from the market all this time. It is obvious that people are losing attention when the market is down and they try to grab opportunities from serious even from scam projects during a bull market. I just want to say to all the members that will read this that a bear market doesn't say anything about your investment. In the long term you are going to reap profits from the coin you have selected, especially if your coin is a well established one with developers with experience and passion for crypto evolvement. A hint for that is the growth of Bitcoin through the years.  Bitcoin ROI is at 13820.78% right now, cosindering the fact that the price is pretty low right now it can still explode. Keep accumulating crypto and you will reap the rewards in the future!This bear market is actually a great opportunity to buy a cryptocurrency and Bitcoin at some point where going to reach a time high of bitcoin and when that happened all of the cryptocurrency on Bullrun skyrocket as well and it potentially a big amount of profit, we could easily project a good profit if we start to accumulate cryptocurrency and Bitcoin now while the market price is still below 30k$ and for altcoins blue chips altcoins that are probably guaranteed to skyrocket on the next bull run are so cheap in the market so its also a good opportunity to buy. I mean yes looking at the History of Bitcoin this is always a cycle of bull market and bear market, we are expecting a huge pump, and probably its going to break the All time high, I was hoping for the market price to drop a few thousand dollars so that I could get a huge discount on the bitcoin market price, there are still a pending stuff on SEC so price might be stagnant in the coming months so could possibly accumulate for before the Bitcoin halving hype. |
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90 - Asuspawer09 Thank You! |
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Hello everyone!
I'm new here and happy to be part of this community, hopefully, to gain more knowledge about BTC and cryptocurrency, hope I'm in the right place.
I'm still trying to study how things work here.
Please, I would like to get your advice.
Thanks, everyone.
Welcome to the forum mate! No pressure here in the forum you could pretty much do whatever you want just make sure that you don't have any rules of the forum to avoid getting banned. Most of the things that you needed, knowledge about cryptocurrency and Bitcoin is already here in the forum, you just need to find it here or you could do your own topic ask question, etc. If your active your probably going to rank up and earn a good reputation but you don't need to worry about that. For me the best first thing that you could do is to start in cryptocurrency already start investing in cryptocurrency or Bitcoin, starting your journey on cryptocurrency could help you understand a lot and the forum could easily guide you to what you wanted to know about cryptocurrency when I first started my journey on cryptocurrency I've read a lot of topics that is related to what I'm planning or I ask a lot of question about investing, is this a great buy? or is it a good time to invest? something like that. I mean to avoid mistakes make sure you learn from the experiences of the other members here in the forum don't get greedy and don't let your emotion take over. Good luck on your journey mate! |
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There are alot of persons out there who so wish to seize this very opportunity to accumulate and hodl more of bitcoin but have no mean(money) to do so and this has been one of the major reasons to why people aren't hodling for now.
At some point, some persons who even participate in signature campaigns and earn bitcoin without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant or even procrastinating but I believe one of the major reason is because they don't have to means to invest.
And if you'll agree with me that as a bitcoin enthusiast, we at some point believe that after bitcoin leaves this mess of instability, then it should be aiming for an all time high and no one would possibly want to miss out of this intentionally if they have the means to buy.
Now I want to know what really do you think is holding people back for hodling this period?
Please try to answer the poll and I hope to update the thread with result of the thread after getting enough results, possibly after the 5th page.
In my case, the only reason why I'm not buying is because of lack of money if I do have a big amount of money I mean I would probably go to buy more, but for sure there are going to be other expenses and you can't really just invest all of your money on Bitcoin so at some point you're still going to save some of your money, budget your salary at some point you can't just use it all or buy bitcoin every time. It would obviously take time since you might have a better opportunity as well if the market price drop. I don't think investors and traders do Procrastination since most of us who already have the knowledge surely are eager to buy any time, Fear of a later dip might be one of the reasons because its a common weakness of newbies. Also, traders can hold for a long time if they have enough money or fiat that can sustain them through the years on holding since if you just forget about your investment then just let it rest through the years, probably you just need to watch the movement of the market at some point. |
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Let's see the market prediction by crypto community.
I mean the market could probably skyrocket at any time because it is just a volatile market price hype could easily start with just one good article about Bitcoin for sure. Probably Im expecting the market price to reach around 50k$ this year or probably even more just because of the Bitcoin halving hype, honestly it could reach the ATH because of the Bitcoin halving I might sell a small percentage of my holding if the market price hype skyrocket the price of the All time high, I think its a fair price for sure and its a good opportunity to take profit but will never sell all of my Bitcoin unless it reach around a 100k$ which is probably going to happened when the Bullrun hits. For sure it would take years before we hit the Bullrun is expected around 2025 then the last all-time high can easily be broken, then I'm just relaying on the Bitcoin halving next year to pump the market price, I think it is still a great event that could easily pump and hype the market. But honestly, it could skyrocket anytime, the SEC news could easily trigger that 30k$ resistance if that happened who knows if it could x2 already. |
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Hi all, I have been on this forum for some months now and I noticed this rule by signature campaign managers when applying for a signature campaign. In fact the rule is one of the prerequisite for getting paid. One of the rules is that posts made in boards where the signature is not visible will not be counted. Another rule are boards where if a participants makes a posts it will not the counted. I am going to ask these questions out of curiosity. First question, why are there boards where the signatures cannot be displayed or aren't visible on the forum? Second question is why do campaign managers exclude certain boards for posting and others where posting is allowed?
There are some threads that don't display a signature that is just how mods in the forum made it, if you can't display the signature on that post you promoting nothing therefore it was not counted as a post since your signature cannot seen by members. Most of the boards are excluded but it would depend on the signature campaign manager they have different preferences on their rule some exclude most of the boards others are not, the Main reason most of the time is because most of the topics on that board are nonsense and not relevant to the signature that you are promoting. And allowing posts on that board could just lead to spamming, for example, topic threads, I mean topic post are just not related to cryptocurrency, and most of the topic there is just nonsense so it would make sense if the campaign manager doesn't allow post there to be counted, there are also threads like games and round, where the post are just games, probably because there are expected to do quality post with around 150 characters so you can't really do exactly that on that thread where you just play and bet. |
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The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.
So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.
1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.
2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.
3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.
4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.
5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.
6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.
That would still depend on how you're going to handle your money, your investments, your savings, etc. I mean you could totally earn a big amount of profit in cryptocurrency by investing in it, but earning millions is nothing if you don't know how to handle your money and how you're going to grow it, maybe you earn million but then you just spend it on expensive stuff, then you're just going to end up broke again even though you earn a big amount of profit, if your spending is bigger than your saving it just wouldn't make any sense you're still going to be broke in the end. For sure investing in cryptocurrency, buying bitcoin, etc. doesn't guarantee you to be rich, there are only a few lucky investors who have been able to be rich on Bitcoin investment and cryptocurrency. Yes, you can do it probably but it doesn't mean it's going to happen what is guarantee here is your going to earn a good amount of profit if you know what actually is your doing, and compared to other sources of income maybe we an call it some sort of shortcut since profit on cryptocurrency is higher even though it is riskier. |
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when i was kids, i need to study very hard, to get a lot of score in the test. if i got a zero mark in a math test, i am very scare to go home and show the test paper to my mum.
when i am grown up, i have kids and wife now, i need to work very hard, to get a lot of money in the job. if i got a paycut, or i got fired, i am very scared to go home, i can't sleep well, my head is sweating, the memory of getting zero mark in a test keep haunting me like the nightmare, i need to go out and make a lot of money!!
tell me anything i need to do to make a lot of money. doesn't matter what, i would do anything to get all the money, even if it mean unlawful and unethical!
Sounds like you're getting a lot of pressure, I mean no one pressure you to do this kind of thing for sure if they are your family they are going to easily understand this kind of thing this was just normal so I suggest telling them what you really feel right now, I think you just need to let this thing out on your chest so share it to your family. It's always okay to fail, being a failure doesnt mean anything unless you live on that failure you could always get up and take another step. You just need to realize that these failures are just normal and it is part of being successful, I don't know anyone who become successful that didn't experience or fail at some point in his life. Actually, this failure is what gives you the knowledge and experience to become even better. At this point I think the best thing to do is to invest in your skills, the most stable income you could make is your job so invest in your skills with that you could easily land high paying job, and after that you could easily save and invest your money to be able to invest on other sources of income like business, passive incomes like apartments, etc. |
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I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.
If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
I mean Bitcoin was already doing fine but I hope it doesnt skyrocket yet, I do accumulate some Bitcoin already but I wanted to invest more accumulate more Bitcoin, it's better to have the market price even lower for more opportunity so that I can buy Bitcoin with a discount, At this point if the market keeps on pumping as this Bitcoin market price could quickly skyrocket at any time. I mean the last ATH was already so high so there was a lot of room for profit when the Bullrun hits, I also wanted to buy and risk some of my investment on other blue chips altcoins since it would give me a lot higher profit in the future but just higher risk of holding this altcoin but still it's a great buy since these token prices are low compared to its cost last bull run. There is always a lot of manipulation on the market so the pump could always be a big bubble in my experience with the market price at a resistance we just need some kind of good thing like an article something like El Salvador adaptation on Bitcoin and that could easily trigger the market price for skyrocket. I mean Bitcoin market price is always a bubble so we need to be in a good position before the market skyrocket. |
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Honestly am new here and with my little time that i have spent in this forum i have observed,and i wanna ask the forum mate if that is posible because i saw it happening amonge the forum mate and the person that invade this platform for me,people in this forum who are connected in one way or the other are trading on their sendable merit not only the their sndable merit but orher way of trading on merit is going on in this forum,so my question is,is it good and permitted to do such on the forum,
You can't really say that with enough proof if you really have evidence about that you could post your accusation here in the forum you tag this member since buying merits could destroy and defeat the purpose of the merit system. For sure it is not allowed here in the forum, you're just going to ruin your account if you're caught buying merits, your gonna get a red tag from other members here in the forum. And you're just going to waste your money if you're going to do that it just wasn't going to make sense, you don't really need it since merits can easily earn by doing a quality post and you're just risking your account if you do it. I mean ranks doesnt really matter a lot, your going to rank up naturally if you are active here in the forum, there's no pressure on posting here in the forum you could post at any time, that just means that you have a lot of time to create a high-quality post that could possibly give you merits, You could put a lot of effort on 1 post to increase your chance of getting 1 merit. |
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