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May 25, 2024, 03:44:23 AM *
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1  Bitcoin / Bitcoin Discussion / Re: Best Crypto Wallet on: May 24, 2024, 07:10:45 PM
Hmm, Bro first of all you need to be particular with the Bitcoin wallet as if you have a massive amount of Bitcoins accumulated you need the hardware wallet for the best security, and if you want to frequently access your coins and want to actively trade, on the same time if your funds are not too much-decentralized hoot wallets are also a good option here if you are a newbie I will recommend to use the user-friendly UI wallets such as Trust wallet if you are concerned about some more features Electrum ist he best solution you can even use it with your Hardware wallet.
2  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the Dubmest Thing Ever Invented on: May 22, 2024, 07:07:00 PM
Bitcoin is the dumbest thing ever invented.
If you think Bitcoin is dumb then why you're present on this forum? If you don't like the idea of Bitcoin and find it useless then I believe someone like you should not be part of the forum that's a place for Bitcoin community. You need some research I believe, no I think you may need some treatment so you can understand Bitcoin properly.

Hah, such people don't need to understand the concept and potential of Bitcoin they just know one thing in their entire lives that they are the biggest trollers but in fact such people are clowns hehe seems like my words are super targeting anyway I can't o anything with it to present an example we need such words.

Anyway in reply to you why he's here haha to have some attention or something like that maybe we got some decent engagement even if its negative still he succeeded, TBH I haven't read even a single word from his post except the subject, so my reply is based on your comment. 
3  Other / Beginners & Help / Re: Learn a skill instead, you will be set for life. on: May 22, 2024, 07:02:52 PM
Many newbies and beginners believe that crypto is a way they can move funds without the government knowing, you are wrong, in fact crypto is a very bad way of laundering money, everything you do can be traced.

If some are to use crypto for money laundry, they can do that and there is nothing others can do about it as long as they know the means and ways to channel their actions towards that, this is not because making laundering is good, but we have to know this that cryptocurrency networks or the blockchain technology were not aimed for that, why we need to use crypto is for us to have financial privacy and control our finances, which is a more preferred means we can handle our asset away from the governments and their regulations.

Well, there's a huge misconception at this point that Bitcoin or any public network crypto can be directly used for money laundering, No one can do that until he uses some kind of bypass methods or services, or a private Blockchain network. Becasue in Blockchain the data is always available to Onchain it can be directly tracked and the money laundering cant be one in such a transparent system.
4  Other / Beginners & Help / Re: My presentation on: May 22, 2024, 06:46:47 PM
Hello forum, I have just been housed in the crypto world and found this forum and just thought I would write a short presentation and say hi so Hi!
I kindly want to ask for advice and tips on how to get around here in the beginning? Where do I buy Bitcoin in the best website without being scammed? I O I have never traded crypto before. Grateful for all answers. See you around and thank you.

Hmm, trading-related concerns can be discussed in the trading section, and this is preferred as well, if you want to buy and invest regularly in Bitcoin make sure to set your restrictions first like do you want to stay anonymous or you are ok even after revealing your identity to buy Bitcoins because it will open up a space for you to explore like if you can compromise on identity there are reputed platform offer P2P direct buying options in the crypto market to accumulate Bitcoin or any other crypto you want.

They are user-friendly easy to use, and easy to secure but your funds won't be in your hands yo'll rely on a third-party platform for the management of your funds if you want to manage things yourself then learn about decentralized finance and then enter because blind entry can cost a lot as there are many things to learn before being your own fund's manager.
5  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 22, 2024, 06:40:14 PM
Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Hmm, in straight yes, my father is an active accumulator of Bitcoin from his monthly salary based on the Buy the Dips strategy and DCA as well, you can say a hybrid technique to accumulate which is more efficient in my view as well. Yup, my own journey started after getting inspiration from my father although he knew just the basics TBH, he was the first motivation for me to start exploring this space, and now Alhadmdullilah I know a lot, and on the way to grabbing more and more.

He did buy some Bitcoin in early 2016 and sold them for some reason id don't know haha but know he accumulated after realizing the potential in the 2020 market.
6  Other / Beginners & Help / Re: A known enemy can easily be defeated on: May 21, 2024, 08:54:27 PM
I have a younger brother who lives in the US and yesterday he told me about a call he received saying that he can get his lost coins back and all he needs to do is submit his wallet address.

Before saying that I am a fool, I know this is a scam, but I need to ask about what could possibly go wrong if he submit a wallet address? I did told him to submit a random wallet address that is empty with no single transactions in the past though but I can't stop thinking what this could lead to.

If you know their trick you can always be ahead of them and possibly be able to Warn others too, I am just wondering what they could possibly have in mind, I think they will track his transactions to know his worth. Or there is more? What do you think?

They who? did they provide any details and where he sent the address was there any clue about the organization was it an official or a random source that asked about the wallet because its very concerning if it was not an official authorities call then you need to be careful because maybe someone from your circle or a person who knows about you directly targeting you.

If it was the official call then there might be some other investigations. Hmm anyway mostly ignore such calls if they are unofficial and if they are official contacts for legal assistance because a professional can guide you better in the legal affairs that which details to be provided and which shouldn't.
7  Local / Other languages/locations / Re: Pakistan on: May 21, 2024, 04:46:22 PM
Bitcoin es waqt $70,200 pe trade ho reha ha or bht sary analysts $75,000 tak ki prediction ker rehe han. Let's watch and wait how the market behaves in coming days and weeks. DYOR

Main kuch zyada expect nai kaar raha AMy ki closing see, omeed to achee kii haa still 75k I cant say anything ass apne dkha from 63 to 71k take boom shoot howa price is tarah yahan see bii hoo sakta but point is kaa 8% see 10% take new capital aya market maa, itnaa hii capital kaa orr ana in coming few days possible nai even maybe much profit booking kaa pressure rhee yaaahan paar.

Soo zyada excited nai hun maa haha ku kaa boring days chal rehe mere too much garmi bohat haa ayahn paar 44 kaa as pass chal raha temperature yee krachi Krachi laga rakha idhar walon kaa bii kcuh dikhana chaiyee inko haha.. idhar awam beehoosh hoo rahi oper see Bitcoin alag Heat bana raha.
8  Economy / Trading Discussion / Re: How to become a successful trader on: May 21, 2024, 04:39:46 PM
Focusing on the process will make us have basic skills in trading. A trader's success depends on a combination of technical skills and fundamental analysis and this will be achieved if we focus on the process, this takes quite a long time so we have to be patient. This analytical ability will help a trader to determine the most appropriate decisions rationally, not just based on feelings which have a high possibility of error. This does require patience and difficult emotional control. A successful trader certainly has a lot of experience in terms of knowledge and experience.

Hmm, interesting well success and failure contain different factors ranging from your timeline, your mental level, your control over the decisions, your daily life etc etc. Hmm in every trade there is the contribution of 10% luck, 30% analysis, 40% discipline, and 20% emotional control haha this is my personal theory to execute a trade, hmm we can categorize some other factors under these terms as well. 
9  Bitcoin / Bitcoin Discussion / Re: If this is doable what will you add or remove? on: May 21, 2024, 03:53:54 PM
Let's all pretend to be a developer for today, and I have a question for you all.

If you are to add 1 thing to Bitcoin what will it be? And also if you are to remove just one thing from Bitcoin what will it be?

Haha first of all I would love to add my name to Bitcoin's development contributors list, secondly, on the Bitcoin network, I would first add an FCFS-based transaction processing system regardless of how high a fee a particular transaction signer is paying to process his transaction. Hmm, I had already discussed this previously somewhere but seems like I'm still unsatisfied and want to know more why if it was implemented they removed it.

To achieve more efficiency let's split it into segments one for fee payers, one a regular random processing, and one based on FCFS, and these 3 segments should be processed in parallel.

Haha, just a random bluff never mind, well I will explain more if anyone wants to know with some technical terms as well, In the removal area I would love to remove the shity ordinals in order to achieve a more reliable system.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin historical trading data 2009-2010 on: May 21, 2024, 03:43:59 PM
Hmm, OP nice piece of compilation, there are some interesting facts as well, keep it up any way I would like to suggest you that make sure to post the trading-related threads in the trading discussion thread because I cant find any interesting topics like this on that section even though this topic also belongs to that section if some of the more threads like this starts a trend there it will be great to discuss such type of topics there in more depth haha on typical trading scale.
11  Bitcoin / Bitcoin Discussion / Re: Why use decentralized bitcoin in a centralized way? on: May 21, 2024, 03:39:59 PM
Hmm, I cant get it, bro if you want to use Bitcoin in your control all you need is just a non-custodial wallet and store your Bitcoins there then you'll have all those access points which are demanding, I am not sure the numbers but on Bitcoin network, I'm sure mostly people hold their maximum Bitcoin in their custody yup, there is a large number of the user using the exchanges to store or trade their Bitcoins

Reasons:
 
Newbies
flexible trading access
Cost saving.

Still maximum number of Bitcoins are stored in their custody.
12  Local / Other languages/locations / Re: Pakistan on: May 20, 2024, 08:20:20 PM
Yesterday Was A Special Day In Bitcoin History
Bitcoin ke related bhot se history sonie ko milti Hai par ye un sab me se alag hai , tab Bitcoin ke value itni b nhi Thi K 1 Bitcoin ka pizza ajata ab 1 Bitcoin se ap bhot sari shoppes open kar sakty Hain agar Bitcoin ke history ke news sonie jo aj K waqat me bhot regret wali lagti Hai .

I think is history ko follow aur zinda rakhny K leye is forum par ye Bitcoin pizza day contests running keya Jata Hai aur ye kafi interesting b lagta Hai .
Me to kafi interesting hun is pizza contests me participate karnie K leye pr aur is contests K rule b pie bake contests ke tarhan he hai me to is contests me enjoyment ke leye participate kar rakha Hai .


Hmm, Joo bi haa apko subject means topic name change nai akrna chaiye thaa heading app post maa bii dee sakte anyway, reason yee haa kaa iss see joo bii banda apki post koo Qoute karee gaa oska bii subject change hoo jayee gaaa, and that's not a good idea.

Orr app khud bii dekh loo jitnoo nee bii apki post koo quote kiaa kisi nee ispe goor nai kiaa haa, agar ese hii alag alag subjects aa gye thread paa too it will be a mess, soo please avoid from next time and main yehi omeed karta hun kaa joo banda quote kare subject zarror dkeh lee, even kaa Mr. Zainmalik75 nee bii isko ignore karr diaa while posting.
13  Bitcoin / Bitcoin Discussion / Re: BTC never for sale? on: May 20, 2024, 08:14:03 PM
This theory and the term have nothing to do with the reality that you never sell Bitcoins, yup you can go for a long-term holding from the timeline of 5 to 0 even 15 years, and an accumulation period of 3 to 5 years but if a person saying he won't sell, there are two possibilities, in theory, keep in mind one is generational accumulator which is very very rare in middle class 0.1% chances of such existence, hmm I cant be sure of the figures but I haven't met anyone yet, and the second possibility is that the person did accumulate the Bitcoins but lost the key haa so technically he cant sell (Just kidding) everyone will sell when needed so there is no need of being emotional on it.
14  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 20, 2024, 08:09:54 PM

when the market is uncertain, it may just be good to stop trading and wait til you see the market trend is visually useful for you rather than just blindly trying it out in the dark.

most of us have a strategy of our own but most of us in crypto understand the cycle to follow which is almost the safest way to do it. unless you are up to scalp every satoshi you wanna get.

Hmm a good piece of advice, but as we all know the impatience and greed of getting something out of such volatility cant be endured by everyone so people mostly fall into the traps, about which they always guide others to stay conscious.

My recommendation to the newbies in the Bull market is to stay calm and keep accumulating whenever you feel the right entry point it has nothing to do with the TA and Physclology just stay in touch with the market you'll know the points the enter such as major dips.
15  Economy / Trading Discussion / Re: What type of a trader/investor is this? on: May 20, 2024, 08:04:56 PM
I came across one channel on telegram known as "Crypto Confessions" and on this channel, one can find alot of real life confessions from real people in crypto, while I was scrolling and reading all the confessions, some very interesting, while alot of others; not so interesting, I came across this one above and it really captivated me, I tried to imagine what this dude must be feeling like if at all what he said was true.

St $80,000, he still didn't take profit, can we attribute or say the cause of his loss was due to him being too greedy, or being too patient, or over trusting or believing in the coin/token he bought?

BTW, for those that might want to join the channel, here - https://t.me/anonymous_crypto_confessions

OP, we must recognize that patience is the key to success and share decisions at a perfect time, no one knows what's good and what's bad, we cant say this is a perfect time but still in our calculations we should need to be aware of the real facts and figures.

Hmm, this is what he confessed let me let you tell one of the greatest bad luck in my own experience, it was the timeline of the last bull run I was new in the crypto market after a long bear turn, and the market was going to make its new All time high, I was positioned in a coin which was valued around 20$ only due high sell pressure on it after 3 months it started removing and value on that time 200$ on very next week 400$ and I was still holding, on 900$ I too 50% out and then on 1200$ total value of my holding all out, after a few months, haha it was worth around $53k but there was almost no liquidity still I don't regret my profit booking because I was a newbie. This is not a shped story haha I do recall it and feel good about it always.

The moral is you should put your full efforts on the ground reality but for the rest leave it to luck, it will be called gambling because in the market you cant speculate the tips of iceberg.
16  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 19, 2024, 07:15:37 PM
If you are a leverage trader which I don't recommend, you can go for the tight stop loss, even in the spot market you should manage the risk properly based on every trade as your TP and loss. As a trader your goals should be clear, you should be mentally prepared and plan how much profit in this volatile I want to make and how much loss you can afford if anything uncertain happens.

As most of the trade in such market seniors are in profit, I'm excluding short-term trades you should book profits according to plan, at least get something out of the market because never know what is going to happen so booking profit is also risk management, and cutting loss = profits. Keep a close eye on the news because, in a bullish market, news has a huge impact on the market. That it a quick overview of check list in the uncertain market for more keep posting (Just kidding, trying to put some spice in the post).
17  Bitcoin / Bitcoin Discussion / Re: Shops now accept BTC on: May 19, 2024, 07:10:07 PM
It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

Hmm, Op I think you've forgotten, this is a global section or you were posting in local anyway can you mention some more details location = country + city + area haha because here still 90% of people don't know is Bitcoin a scam or not haha, space the matrix andrew tate (just kidding), by the I cant expect it to be in my country because we need at least 10 more years to recognize what Bitcoin is here. So mention freely as I know it's not happening here also is it L2 coins, because no one will pay 10 bucks on high network fees?
18  Bitcoin / Bitcoin Discussion / Re: How do we know retail is FOMO-ing into Bitcoin? on: May 19, 2024, 03:34:24 PM
Hmm, Op it's not that complex to get such things from the market psychology, just keep an eye on the volume and market developments, A very valuable phrase in this highly volatile market is "be greedy when everyone is fearful, and be fearful when everyone is greedy" even though everyone knows this phrase still maximum people don't follow it they just use to say it.

You'll get it by a small recent phase when the market was falling freely, people were in fear and making some stupid predictions to buy on the lower level, haha from the 59k to 57k range they were expecting a range of 54k to 52k haha wasn't that crazy, and now the market is driving good today 57k and just wait for a break off to 70k haha people will make crazy entries that will be called FOMO.
19  Bitcoin / Bitcoin Discussion / Re: Which do you think is the right Name to use? on: May 19, 2024, 03:20:03 PM
Haha, Nice, Op presented a whole theory on using the word with the proper suffix, er, and ist any chat GPT says
Quote
    Bitcoiner: Emphasizes general involvement or activity related to Bitcoin.
    Bitcoinist: Suggests a deeper specialization, commitment, or ideological engagement with Bitcoin.

and TBH, I'm now fluent in Bitcoiner terms please OP, haha avoid such theories, anyway Op this has some deep meaning but mostly people just invest and make holdings so its appropriate according to deep theory as well to use the word Bitcoiner frequently, but if someone is in love with subject Bitcoin he can use it by every mean.
20  Economy / Speculation / Re: Is "Sell in May" really a good idea (in the case of Bitcoin)? on: May 15, 2024, 07:52:50 PM
Ohh, wow anyway from the historical view, most analysts consider may a negative month for the financial markets, but why I'm unable to evaluate, In the crypto market May smees like a kind of confusing month, even though the month is not closed yet but it will be surely a positive one, already market crossing 63k, but taking exit makes no sense in may especially when there's recent halving and a good journey is expected, I did add some more coins in the bag.

Best to grab it if you consider it cheap, for now, according to the expectations, the current price is really worth buying a few days or a week back it was the best entry time who were still waiting but seems like if they didn't take any action until now they are going to miss the train, because in my view it was the dead end of correction.
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