Feel bad to those who kept their LUNA in their pocket , though in my first post i agreed about the positivity but nowadays I will revoke my statement as months after , this dumped and now valuing almost nothing .
if this can recover ? I really don't know so best to take all your funds out now, or be dead forever .
Bought LUNA on the dip for about $50, and will just let it be there forever. One thing that makes me want to ride the LUNA is that it isn't just a coin. It's a whole different blockchain. |
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Or you can probably do practice trading and from there, gain experience and at the same time learn all the things that you want to learn in there, to be hones it's a really underrated thing to do, not a lot of people do practice trading because they see it as a waste of time when it's a good way to do risky moves without having to face consequences.
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That's not surprising, given how we compare gambling and trading and deciding that it's all too similar with the risks that they're involved in, I think that there's nothing wrong with what they're doing, they're a helpline and if someone asks for help, you have to help them right?
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Afaik, there's no need to their KYC, you can buy and sell in their spot market even if you're only verified with email and phone number, I don't know about going full verification though but I am doing fine with being uverified.
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Not just risky but also really crazy because loans have some form of interest and it's not really in your best interest if you use it to fund your trading because trading is a difficult work and you can't guarantee that you're going to win all your trades and there are statistics that supports how trading has more losers than winners so loans aren't advisable as a meams to fund your trading journey.
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As long as the youth are interested in learning about crypto trading, they will see that they can get a bigger profit, especially if they can choose the coin that can increase higher. To do that, they need to have the skills to analyze every coin at the market and if they don't have experience, perhaps, that will not be easy for them.
Eagerness to learn in trading doesn't guarantee you a profit, remember that crypto trading is much more volatile and difficult than a stock or forex trading. In the eyes of trading, all is equal and your only difference that can make you profit is your skills in analytics and data gathering. |
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You don't need to follow a such course, just learn from any sources both videos or articles. Online won't learn us about experiences, it is all only about theories. If we want to know the theories, there are already many sources to read. What we should know is the experience, it can be from experts or from our own trading. Experts won't offer newbies to learn them online, most of them keep their identities. So, we can expect much if the online course is trustable.
There are some online courses that can really help you get in track but they're a rare gem online as the most popular online courses are just clickbait or just a quick cash grab for the creators of those courses, you're right that it's all theories but at the same time we also need to do some applications on those theories. |
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It's not a threat to them, they're antagonizing bitcoin because they have a stake in bitcoin. They manipulate the market because they know that they can do this, there's a reason why the big FUDs come from them because that's how they move the market.
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There is always a risk that beginners and anyone will face if they want to invest in bitcoin without sufficient knowledge. If you want to recommend a friend, then it's also your responsibility to give him some basic knowledge so he understand the risks involved. I'm sure you wouldn't want to take responsibility for your friend's inability to profit and that should have been explained from the start. That's my point in my first reply, they need to teach them and tell them right then and there that there's going to be risks involved investing in crypto that's far more dangerous than any other investment instruments but the problem is that people shouldn't force other people to get in the market and deceive them of riches and such. |
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You can recommend bitcoin to a friend but always remember to tell off about the risk so that they wont really be expecting that much in regards to this. They would only realize off things when they do already got the experience on their own. Just dont make any assurances that they could really profit off from time to time. Exactly my point, you can't be the person that going to give the advice, tell them about the things that they need to do but do not force them to get in and you don't have to tell them what to do next. That's what makes newbies quit or panic, they thought that it's easy money because the people that told them said so. |
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We have 2-3 months still to go, we haven’t even had a real blow off top yet so there’s still definitely time to go in this bull run. $100,000 per coin still in play this year.
I do hope that we do get to that point, I'm really excited about this because if this is going to be reached, then it's not really that crazy anymore to think that bitcoin will probably reach a million dollars. |
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^ Yup, hope so. But it feels like there’s gonna be some weekend slump happening before BTC gets back on track and trends strongly up again. It’s prolly nothing but that buy up to 56k a few hours ago followed by the sudden quick sell down back to 54k is somewhat concerning. But overall yeah.. It should be an up month.
I do hope there's some weekend slump because I really want to make sure that I have enough bitcoin and I can use that slump as a window of opportunity to buy more bitcoin in hopes that I will be able to buy more with my money and at the same time make sure that I can guarantee a big profit. |
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There's a possibility that it will hit 70k USD but not exactly on Christmas, that's a highly unlikely thing to happen especially with how accurate the date that you want it to happen, maybe it will happen this month, or in November or December but exactly Christmas is a low probability.
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HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.
That's subjective, some people out there will find it ridiculous especially when the prices starts going up again and we see another all time high albeit not 100k. You're optimistic but the problem is that you're ignoring the uncertainty of the future, what if along the way, the prices starts going down or there's a news that heavily influenced the market in a negative way. |
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You probably should move this somewhere in the the Marketplace OP, that's the part where they buy and sell service and product. There's a move Topic on the lower left of this thread, click on it and move it to the appropriate board.
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Adding a lesson on elementary schools is a bit too extreme imo. At least in my country, that's not really necessary. Maybe middle or senior high school might be more appropriate. The lesson might get split between economy and IT, there's no need for a full-fledged blockchain course. That should be for university and the likes of it.
No you're totally right, it's a bit extreme to put cryptocurrency in elementary curriculum. I think it should be an elective subject in college, Senior highschool isn't the right one though as that's the time that they should be focusing on finding their interest. |
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Congratulations, OP!
This is a great idea of how we can invest bitcoin in small amounts that in the long term will represent the best choice. The advice is excellent to cut down on unnecessary expenses and instead invest for the future. I share the same idea because for two reasons in which I believe: First, bitcoin is the leader in the crypto market 42.7% while we buy more bitcoin we give it a boost and the market is bullish and the second reason my investment is totally to long term.
If we want to copy OP and try to be better, maybe we can follow what OP did but we put more money in it to be able to make much more profit than OP, the only problem is that there's an unlikely thing that might happen and that you're not going to have the same situation that OP has. |
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I think it’s normal. In the past a lot of time it has happened that BTC is dumping but alts are pumping. This called trend. When market act like stable and btc show a good stable move but suddenly dump the btc and investor money flow to alts. But this time The money only flows to the ETH instead of other alts. Because ETH shown a good stability few days back.
Exactly, the prices are always like this and it's not any magic, people try to get into bitcoin but at the same time, doesn't want themselves losing a lot, so when the prices are just too high, they want to make sure that there's some way that they can make some money and to prevent losses, they sell and move to other crypto in hopes of making more profit. |
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That's the point of selling, you're giving it away to someone through a trade of goods or service or something else, that's how selling works so why would you worry and antagonize that? It's not like we can't stop people from selling their own bitcoins, it's on their own volition that they're selling those and they've accepted it already.
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No way that crypto needs banks, I've been using crypto for a long time and I don't use banks just to convert or buy some crypto. Banks are a different kind of entity, it may coexist but merging isn't the best for both especially for cryptocurrencies.
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