I am not much of an investor, so I was never got scammed by investing in a scam project. But in the past, I was scammed numerous times by projects that ran bounties. I would say the majority projects I participated were scam (for me, a project that raised a lot and still failed to achieve milestones is a scam for me). I was scammed for time.
This is opposite of my story because I avoided bounties and even common airdrop I do not collect, I had the mindset of investment and it was there that I got scammed majorly. I am yet to see anyone who hasn't been scammed in this cryptocurrency industry from their newbie days. The market is full of scam and I do not blame newbies who fall for them. But I only blame them when the scam is so lame and they fall for it. |
|
|
|
Absolutely. Trading is not for everyone since not all of us are capable enough to make it work in trading. Some are just trading for losses, so why bother to trade when your knowledge and skills are not sufficient enough to make trading work. Sometimes, it’s better to stay in a less-risk activity because at least you can maintain its profitability, than to jump in high risk trading and all you gain are failures and losses in the end. Trading is a battle of mind and experience, so only trade if you think you’re already capable enough.
Most time it is not even about the losses or profits that is associated with trading. Some people will be losing and their mental health will be affected seriously because of the emotions of trading. It is not an easy thing to see your money going down and you are not sure if you will make it again. It is a sort of finding money in such a way that your mind will not be at rest and you will not be mentally balanced. It is fine to buy and hold the coin for some time and you will make a good profit from it. Obviously trading is not for everyone and that is the reason I abandoned the idea of trading. I am now a hodler. |
|
|
|
|
I am not a day trader. So I am not so much bothered about the volatility of Bitcoin. I agree with you that the price is not volatile and there is no good movement that will give profit in the market this time around especially when you are trading the Bitcoin pair. But I remember some years ago, there was a time that the movement was almost stable. But everything turned around, there is no volatility in the market now, but this should not be the worst in the history of Bitcoin. Something similar has happened in the past. It is a very strong build-up to a long-term bull run, so we should be able to manage the situation now.
|
|
|
|
Newbies are always attracted to making quick profits and that is why they always go into day trading even when they do not know how to trade. It is not bad to trade and I do not also support that newbies should totally forget about trading. They should first learn before trading in order not to lose money. This is a very good time to buy. Anyone who buys now can make as much profit during the bull run as a day trader. Whatever you do, make sure you are not losing money unnecessarily. |
|
|
|
Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
The best time to invest in Bitcoin is when the prices on discount. But when you say that before you invest in Bitcoin, you need to do a very thorough research. I don't think that it is necessary. We need such amount of research when you want to invest in alternative coins, in Bitcoin when the price is low, everyone must surely know that the price is low and that is when you are supposed to buy. You do not have to kill yourself much when it is about bitcoin, but when it is about altcoins you need to be very careful in your research and every decision you make. |
|
|
|
Bull and bear markets are not relative to your entry price, they are macro trends. Bear markets have periods of price growth, bull markets have periods of price fall. The price never moves in one direction only, there are corrections. We are still in bear market, and we can only proclaim the bear market over when the price will demonstrate big growth for a long period of time. Going from $16k to $30k is not that, it was merely a correction of the oversold levels.
This is very correct, the bull market or bear market does not is not relative to your entry point. Someone's portfolio being able to increase because of an improvement of market price does not mean that they are automatically in the bull run market. It is just a mere correction that gave them a profit as the market does not move in only one direction. So when there is bull run, it is always obvious to everyone that the market has gone green. It will not only be applicable to bitcoin but altcoins too. |
|
|
|
|
The method of promotion. Whenever someone is trying to invest in new project, it is better to stay calm and organised.
You also have have to check out in the team beside it. Project that promises something too sweet to be available it is a scam or a scam attention. For some, since it is not bitcoin, it is a shit coin while some differentiates.
|
|
|
|
No way  The listing fees of the best exchanges are huge, so any project can be listed for money and it is not the best coin for that. Moreover one should not rush to invest after seeing the listing on a good exchange because the development of the project will be more dependent on an investor. There are many coins that get delisted from good exchanges because their volume decreases and investors decrease, the main reason being poor development progress. The caption is a click bait and I fell for it. I was curious why someone will give such an advice to people. When I was a newbie , and had thought that once it is listed in an old exchange, that everything will be OK with the project. Little did I know that it was all about money and fees and business and not members |
|
|
|
What Actually Drives People/Gov to Adopt New and Bold Decisions
It is not only the government that do hesitate to make or implement new decisions. It is the nature of man to always continue with what he knows how to do whether it is bringing the best result or not. Man by nature hates changes, especially when they don't know the outcome of that change. This is the reason why even in organisations and families, it takes an extra mind to implement any decisions. We are willing to rely and continue doing what we know how to do without having issues. |
|
|
|
The adoption of stable coins are already big, you can check in CMC where the top 6 trading volumes are dominated by 4 stable coins, the rest is BTC and ETH. This means most people use it for trading, but I don't think it's related to crypto dominance since no one want to hold stable coins where it's centralized, not making any profit and there's a risk of the project turn to be scam. Don't forget about UST and LUNA.
I was thinking the OP is saying about the adoption of CBDCs of different countries and not stable coins. Although CBDCs are stable coins but they are more of fiat than crypto. The government who is avoiding or fighting crypto is still in the crypto space. Whether with or without facilitation, crypto must be widely adopted and it will have high level of dominance. |
|
|
|
Explaining something in a local language to the native speaker can be a bit easier and more understandable. When it comes to Bitcoin and cryptocurrencies in general, I think any language it's being presented in can be easily understood, provided that the person reading it can understand the language very well. The only place I see a special technique on teaching with a native language is where the writer gives an instance and an illustration of things that are being found within their surroundings for better understanding.
The availability of local languages is a very important feature of bitcointalk. When you are able to meet people of your locality, you will be more relaxed to understand whatever strange things you are being thought. Also there are people who belong to a country but doesn't have a unified language. The most important thing is to learn from an expert and learn good things. Bitcoin has a universal language which is liberty. |
|
|
|
Hello everyone,
It's been a week now since I eventually create my account on this forum but yet to understand anything at all and believe I have tried my best to read some of things or article but the whole site is a little confusing so I thought many seniors here could guide me and direct on what and how to go about everything.
This is one of the problems that newcomers face in bitcointalk forum. Whenever they visit the forum, they would be excited to join the conversation but once they drop once or twice a topic they will not return to reply the responses on that very topic. For a very short time, they might lose interest in the whole discussion and when it's continuous for some times they will gradually lose interest in the whole system. But if they persist for weeks and give such a good amount of their time to the forum, they will enjoy it later. |
|
|
|
Also remove the code on your title. Some people put much emphasis on the title of their thread such that they will want to make it eye catchy. They do so by sometimes capitalising the whole letters of the words and some will add unnecessary emoji, but this is my first time of seeing someone wanting to bold the topic title. I wish it worked for him and set his thread apart from others. |
|
|
|
|
I have also seen a similar thread here in the meta asking for deactivation of merit in the Wall Observer thread. This one is specifically mentioning name but to the best of my knowledge, the person mentioned is known for fair distribution of merits, though always in one's.
I do not visit the Wall Observer thread but for people to start complaining, it means something that needs attention is calling in the thread.
I do not wish that meta should become another drama thread apart from the reputation board. Let the drama be restricted in one board.
|
|
|
|
I thought 12k was definitely possible when we were under 20k. I think we are too close to the halving for a lower bottom now though. It would take a real black swan event to hit 12k. I mean it’s possible but very unlikely. We are out of the peak bear market now, you can call this an accumulation zone, just sitting in a relatively tight range, boring chopping.
We need to understand that in the cryptocurrency industry, there is no price that is impossible to attain, be it upwards or downwards. For instance, if the price is at 25k, there is no guarantee that panic will not take the price to 20k. If the price gets to 20k, there is no guarantee that panic will not take it to 15k and if at 15k, there is no assurance that panic will not take it to12k or 10k. That is how it is, there is always FUD to drag the price more downward and there is always FOMO to pull the price upwards. Personally, I think 12k is too far low for bitcoin. If by chance bitcoin gets to 12k, it means that there is every possibility that bull run will not happen in the next halving. |
|
|
|
Controlling most of the market by having a large portion of Bitcoin means that they have the power to be able to influence market prices so that they will benefit these institutions when their target price is reached, by selling them on the exchange to take profits.
Big institutions have the same interest as retail, namely making a profit by owning Bitcoin either by buying it on the market or secretly from miners, and the more amount they have when the price is low, the greater the profit they will get when the price goes up, they focus on profit like most people who invest in Bitcoin. Bearish to buy and Bullish to take profit.
Everyone in the crypto-currency market has just one intention of making profit and nothing else. Only the people who are looking for privacy that are using privacy coins to conceal some things. The institutional traders otherwise known as the market maker are the people that control the market direction. When those people begin to buy Bitcoin in secret or any other coin without the knowledge of the public they do so in order to give them a very huge volume of that particular coin to enable them manipulate the market at their own time or convenience. So anyone controlling the larger part of the market can make a pump or dump at any time. That is the secret behind it, when they want to influence the market they will now make it known to the media through the exchanges. And when they want to control volume, they will do it secretly. |
|
|
|
Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment? How was it? This is actually the first time I will do such, all my mind was focused on, if I didn't see Bitcoin Payment Receive here I wouldn't bother.
People who are living in countries where bitcoin is accepted as legal are free to ask. People who are in countries where bitcoin is banned dare not ask such questions. Besides, people who have discovered the treasure in bitcoin do not want to be publicly identified as bitcoiners. At this stage of life, many people have known about bitcoin, and the massive adoption is gradually u folding. Let's watch and see how everything will play out. |
|
|
|
The best is never KYC in any platform especially you who're live in Bangladesh where Bitcoin is illegal on there, as you said above those project are ready to share with government, what if they know if their citizen are associated with Bitcoin? you broke your country law, better to check the punishment about that rule.
Privacy is important, you can use Bisq to trade without KYC.
Completing KYC on platforms carry its own but completing KYC on cryptocurrency related platforms in a country where cryptocurrency is legal is double risk. If you by chance run into troubles you cannot relate to the police because they will either arrest you will not respond to you. If you complete KYC in a platform that is trusted and reliable you are facing a smaller risk, which is incase you data leak through hacking or other means. But if you complete KYC in a shady project, then will facilitate their exit scam and continue by selling your data. |
|
|
|
The limitations are self imposed by the users and people who don't understand the intended purpose of Bitcoin.
Front page of the white paper:
Bitcoin is "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution"
If the developers and solution providers keep this in mind then Bitcoin has no limitations.
There are some inherent limitations of bitcoin that is not imposed by its users. The problem of scalability and the need to increase blocksize was not introduce by the people. Satoshi only knew why he chose a small blocks and even when some early developers suggested to increase the block size when there were few hundreds of people using bitcoin, Satoshi didn't buy the idea. Another is bitcoin is not a privacy coin. Just imagine being a privacy coin and as well as 100 percent decentralized. It would have been the best, although it would face more attacks from governments than as it does today |
|
|
|
Hey all, let's chat about what could happen if #Binance faced trouble. Would it shake market confidence and affect $BTC? With Binance's high trading volume, its challenges might lead to caution, causing short-term dips. Traders might shift to other exchanges, influencing prices. Regulatory concerns could escalate, impacting Bitcoin temporarily. While history shows events impact prices, the crypto market is intricate. This isn't about fear, but discussion. Stay informed, diversify, and be ready for anything. Share your respectful insights on whether a Binance issue would truly rattle Bitcoin's price. Remember, this is just speculation, not financial advice
Another FUD thread. Are there information about Binance now that is instigating fear in the news? Could it be another question whose answer everyone knows? We all know that even if all the exchanges collapse, it will just take small time for new exchanges to surface and continue trading. The effect will pull down the market price temporarily and everything will normalise with time. The advice that people should avoid keeping huge amount of money on the exchange is loud to the hearing and understanding of everyone, but the will to put the advice to practice is where the problem lies |
|
|
|
|
Show Posts
