Depends on where you entered and how long you think you can hold your Bitcoin.

If you bought it around $15,000 or $16,000 I actually think $23,000 or $24,000 is a very good price to take profit. Bitfoin can rise more to $28,000 or even to $30,000 but it is a kind of greedy gambling.

If you are greedy to wait for $30,000 to take profit, you must accept that you can waste a chance to take profit about $24,000 if Bitcoin stops there and starts its correction. You must accept that if you miss it, you will have to wait a few months that maybe till 2024 to have chance to take profit about $30,000.

But in 2024, $30,000 is not its highest price surely and you will waste another chance by taking profit too early.

First time, in 2023, wasting chance to take profit because of too greedy.
Second time, in 2024, wasting profit by taking profit too early.

When you accept Bitcoin for your business as a payment method or as salary payment method, you must be aware of its volatility and risk of losing initial receiving value to a value when you cash it out. If you accept it, you are afford to skip short term loss and focus more on longer term holding.

Somewhat you are building a treasury for your bussiness with Bitcoin.

About discount, not mention how much, 1% or 2% of discount, I want to say it does not make sense. Because nowadays Bitcoin is popular enough and you don't have to bear loss for your business to integrate Bitcoin to it. You can do it with no discount.

However, of course if your business has good budget for promotion and solid, efficient plan to get good return from marketing with discount for customers, you can do it too.

If you are not sure what to do and don't have plans, don't burn your business fund is my advice.

20 years ago, $1 means a lot but now after the pandemic and massive QEs globally, $1 means nothing.

It is a continuation of decrease of The US. dollar purchasing power because of inflation many years and it only becomes worse since pandemic outbreak. If you think of pandemic and consequent QEs, it is a very unfortunate rare chance with which we can see a reveal of hidden fact after many decades.

https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/

Since pandemic, the purchasing power has been decreasing more quickly and seriously.

It is a label for sender and receiver which is used to hide their public addresses. Like you can send to other users on Binance internally without have to know about their receiving addresses and same on other exchanges. Sending internally gives you free transaction fee too.

Like user on forum, they can have display name change but their username is the same.
Like on banks, you can lose your card and request to have another card but your bank account ID is the same, only the card number is different but it is connected with your bank account ID.

If it is for monitoring profit/ loss of my portfolio, I don't want to leak my API keys that can be compromised to drain out my account.

Monitoring tools are for people with too big capital and too diversifying portfolio. If you have a portfolio with only a few coins inside, you can simply make your spreadsheet to monitor it.

Coingecko has Portfolio tracker
Coinmarketcap has its portfolio tracker too.

On forum, RickDeckard has Portfolio Performance [Open Source] - Keep track of your Crypto Portfolio!

It won't because most of altcoins die after a few months or after a big bull run. Many altcoins are scam and they won't exist too long in the market. Many other altcoins are incapable to develop something that the world actually need so they gradually die especially with downtrend in bear market.

Bitcoin is already a survivor after many years since 2009 and if institutional investors want to join cryptocurrency market, they must pick Bitcoin as their first asset. It has biggest trading volume that is perfectly matched with big capital from institutes.

Dead Coins: How Many Cryptocurrencies have Failed?.

Altcoins are dead coins, Bitcoin is a survival coin.

If they buy Bitcoin because they believe Bitcoin will have good growth with big bull run each halving, they are gambling and can be wrong.

For me, I invest in Bitcoin because I believe in its technology and innovation which brings a lot of changes for human civilization which won't be stopped. Halving is only part of contributors for Bitcoin growth but not all of reasons. There are other contributors like adoption, bigger and stronger network with time especially adoption.

Do you think Internet actually change the world at a same rate every year? It did not. Some years some big milestones ocurred but some years, nothing special happened.
The importance is after 10 years, 20 years, Internet changed the world completely.

Speculators will be panic because they borrow money, use leverages and fail to get profit or get forced liquidation so that they must feel panic.

It won't be legal tender and in fact, do we need Bitcoin legal tender to use it?

I think we don't need it. Making it legally as a payment method is enough. Some people can accept it, somebody else can not accept it. The world always is separated like this.

Even it becomes legal tender, what will you do if you go to a restaurant or coffee store and they reject to receive your bitcoin?

Will you make a phone call to police to report that store or bring them to a court? I guess we don't have time to waste like this.

Security checklist
[GUIDE] How to Create a Strong/Secure Password
How to lose your Bitcoins with CTRL-C CTRL-V

To avoid mistakes that can cause bitcoin loses, learning about security, wallets, backups, recovery and how to make transactions with aforementioned topics.

If he want you to use his money on his behalf to buy bitcoin for him, if I was you, I would reject this offer.

Mistakes are not common but not so rare and you can make mistakes. What will you do if you make mistakes that cause a loss of his money and at the end, you won't have any bitcoin to give him?

Will you be ready to pick your own pocket to compensate him?

Mistakes can be typing inaccurate receiving address or was hacked unfortunately like this.

Accepting his offer to help him is so stupid, at least for you with risk I discussed.

If you are his tutor and introduced him about Bitcoin, you should answer it already because what he is experiencing is exactly what you did in the past.

Answer is simple, you should not invest in anything without basic knowledge. It's gamble, not invest if you spend money without knowing any basics.

In-person trading is a risky trading type.

A trade partner who will make that deal with you must be a person who trust a lot. This trading type is risky if you are doing it with a stranger or with someone who was introduced to you by your friends. You can trust your friends but should not trust friends of your friends.

You can be a victim of robbery with this trading type and I will avoid it as much as possible.

Trading is safer with Escrow service and do it online, not offline, not in-person without Escrow.

To recover your bitcoins, you must have some clues because if you have nothing, it is impossible to find your wallets and keys. There are methods to brute force Bitcoin keys and wallets but it must have many clues. A more clues (words, characters) you have, a more chance you can find your keys and seed. If you have an empty hand, empty clue, accept that you lose your bitcoins forever.


Nobody want to approve such proposals if someone submit it and find consensus. No miner, no mining farm, no whales want to support that stupid idea. Because they don't need to be genius to realize that because of unchangeable total supply, Bitcoin has its price at $60,000 months ago and will have higher prices after future halvings.

Bisq is not a Bitcoin wallet but it is a decentralized exchange.

If you want to get more exchanges with no KYC requirement, https://kycnot.me/

Bisq is a good DEX but its trading volume is too low and it can not be matched with needs of many people.

Best wallets are hardware wallets then open source, non custodial wallets like Bitcoin Core, Electrum wallets.
https://bitcoincore.org/en/download/
https://electrum.org/#download

[Guide] Verify Electrum wallet

For newbies, they don't need too advanced resources to read.

They must start with something really basics but attractive like how to store bitcoin, how to use it for transactions. They must also know about why one transaction is confirmed shortly within a few blocks and another one has to wait for many hours or days. If they understand it, they understand how Bitcoin network works to confirm transactions and won't be panic when their transactions are stucked on the network by waiting for confirmations from miners in mempools.

A first and very important step to learn is how to store bitcoin very safely, how to secure their wallets. To do this, they must choose good wallet softwares to use.

[General] Bitcoin Wallets - Which, what, why?

And use strong password to protect their wallet

[GUIDE] How to Create a Strong/Secure Password
Are you passwords in the green?

With Dollar Cost Averaging strategy, you don't have to time the market.

Just work, get salary and use part of your salary for DCA. If there is things to time, time your job deadlines and salary receiving days in order to allocate money for DCA better.

DCA is for real investment, very long term so I don't think using exchanges to store your bitcoin through DCA is a good and safe idea. Storing bitcoin you buy and DCA to your non custodial wallet, not exchange wallet.

Security checklist

DCA simplifies things for investors and gives them more time to enjoy their lives.

Bitcoin ROI charts. and data tables represent very good profit from Bitcoin investment after a few years of DCA and hodling.

A signature campaign or a job is one of income sources so why in the US, they don't count such income sources to total income and consider it as one element for personal tax records?

I think tax is applied for many things, from income, total income each year and not only for gain or loss from investment.

Maybe governments just can not trace all income resources of many people who work in different areas, in the forum exclusively and receive their part time job salary in cryptocurrency especially if salary is paid by privacy coins like Monero or by Bitcoin through tumblers, mixers.

Its total supply should not be increased because its limited total supply is one of factors contributes to make high value for Bitcoin. There are other factors but its 21M total supply, unchangeable is so important for the coin value.

It results in hype and greediness in speculators, investors together with its utility growth and adoption growth. All of those factors combine and make Bitcoin is an unique cryptocurrency.

I don't know. If Protocols for Segwit, Taproot can reach to consensus, why a protocol to change its total supply can not be submitted and voted?

And Bitcoin has 3 testnet generations so in future, we can have a protocol to upgrade Bitcoin algorithm, technically and have a second mainnet generation.

https://en.bitcoin.it/wiki/Testnet

Bitcoin probably has a mini bull run like it had in 2019 with a good mini recovery from $3700 to about $13,000 before it was pulled back to $6,000 to $7,000.

If Bitcoin continues this recovery, I only expect it to touch $30,000 from that it will be pulled back like in 2019. From $30,000 to $20,000 is a good pull back in 2023 for Bitcoin. It will need months to be warmed up again for 2024 halving.

Fud is everywhere, bankruptcy from big players in 2020 and 2021 have yet completed so there will be no bull run to $60,000 in 2023. I agree with you that bad companies must be cleaned up in Bitcoin and cryptocurrency market before 2024 bull run.

You are making a bad comparison. Trading in Bitcoin and Investing in stocks. It is not a fair comparison.

A fair comparison is Trading in Bitcoin and Trading in stocks, what is better? or Investing in Bitcoin or Investing in stocks, what is better?

My personal thinking, Investing in Bitcoin is better than in stocks. Since 2009, you can not say stocks give better profit, ROI than Bitcoin.

Trading in Bitcoin is worse than in stocks because with no limit and less regulations on the cryptocurrency market as well as cryptocurrency exchanges, there are more manipulations and shady playing games from exchanges which can kill traders more easily.

Generally trading is bad in either stocks and Bitcoin. Investing is better than trading with a condition that you invest in a right one and Bitcoin is one of best things for investment.

I have a question about Time delay with [banned mixer].

On the landing page, in the table for "How much does it cost to use a Bitcoin Mixer?", it is written that Time delay is Instantly - 72 hours.

I am curious to know when the time delay can be up to 72 hours. Is it only related to time for data storage at [banned mixer] mixer or also related to anonymity level for users.

I understand that if user chooses a longer mixing time, the mixer will give them better anonymity from a mixing procedure.

Not all people understand it. There are old guys and new guys in Bitcoin market and not all of them understand it. Even you are old participant in the Bitcoin market, there is chance that you have yet understood it.

Understanding it is difficult, then applying your knowledge and understanding to have good decision is harder.

Nothing is similar entirely in different years of history. Lot of different conditions in Bitcoin market, cryptocurrency market and their ecosystems as well as social conditions like politics, economics and others.

FTX is one of biggest collapses in history of cryptocurrency market but it is not a first and won't be the last.

If you fully understood 4 year cycle of Bitcoin, you should not say it. Because what you said shows that you did not understand the cycle. It will be a first time Bitcoin can recover fully very long time before its halving.