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100% accurate.
The market changes. Sometimes a strategy works; the other time it fails. So, traders must keep a track of them. You can always test your strategies before implementing the next time to avoid losses.
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I agree with most of you here; there is a flaw in your strategy. You should try to change and keep a track of your strategies, so in future if it fails you could check what went wrong.
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Bitcoin has surprised everyone in the past, and it has a lot of potential to be the same in the future. It is currently the hottest cryptocurrency and you should make the most out of it.
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The best way to stay out of scams is to have only legit connections. Scammers usually reach out to their targets through ads, reviews, and tempting yet unexpected offers. As a trader, you need to know what is too good to be true. And always consult someone who has knowledge in trading.
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I would travel back in time and buy Bitcoins when they were really cheap. I can't imagine buying bitcoin on such a new technology for such a low price. I would buy as many of them as possible and never look back.
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Laws of nature serve to describe the physical behavior of the universe with great accuracy. So, it would seem that the laws of nature predate the universe itself.
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Bitcoin is a current affair and it has attracted the attention of people from every sphere of the world because of big current events like countries accepting and banning bitcoin. This is not a big deal and I don't see anything positive here if a basic question like this was found in an exam.
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Turnkeyforex can be an option if you want to trade.
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Biggest threat to crypto is the government taking control over it or putting some unwanted regulations. Majority of the people are here only because of no government intervention. If it happens, cryptocurrency will lose its unique elements.
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Though it is unlikely to happen, if people stop believing in Bitcoin, it will lose its value. After all, it's all about the faith put by general people like us, especially when it comes to something decentralized as cryptocurrency. Since we are highly disappointed by fiat currency losing its value over time, I think people will stop believing in it rather than Bitcoin.
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Here is a little update, so i went ahead and put 10000 down on bitcoin through Shakepay here in Canada. I decided to go the safest route and i am fine with it. Now that i have my bitcoin in my Shakepay wallet i want to transfer it to my celsius wallet. i always get nervous sending crypto to different wallets and i always want to make sure. Does anyone know about sending bitcoin from Shakepay? I know Celsius wallet is segwit. will i have no problem sending from Shakepay to segwit Celsius wallet? I think it would be fine but like i said i always like to be sure thanks.
Celsius is not safe since it's centralized and you want to use it for earn interest, which is risky with their current reputation (even with high reputation there's no guarantee your coins will be 100% safe, read non custodial wallet [1]). To be honest I never use Shakepay but based on this announcement [2] they already support to send Bitcoin to native segwit address. I think the best option you should send little amount to Celsius first to check whether your coins arrived or not, and then you can send whatever amount you want.
[1] https://bitcointalk.org/index.php?topic=5173370.0[2] https://blog.shakepay.com/cashouts-to-native-segwit-addresses/Yes it is better to send little amounts always because this is the risk with crypto wallets, once your currency is lost it is lost forever and you can’t do anything. There’s no reversal. |
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@20kevin20 But there’s a huge surge in the number of people adopting cryptocurrency in Afghanistan. In 2020, people in Afghanistan were not even close to the Global Crypto Adoption Index but in this year, there’s rapid growth in these numbers. Even if Talibans don’t let them use crypto, there’s a sense of economic security which is driving people to invest in crypto.
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Bitcoin is the gold of Cryptocurrencies. It is valuable for its own reasons while there are other coins in the market too which are valuable. Though Bitcoin can never die, I don’t think we can ever be in a position to comment if it can be replaced or not. The crypto market is changing drastically. Who knows what happens next.
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@DarkDays I can’t agree more. It really depends on the interest of a child. We, as a parent, have the responsibility to introduce them to the things we know but it’s not okay to force a child to start trading. Let them be comfortable and decide for themselves when they want to jump into trading. But if you find your child to be already interested in trading then i must say, the sooner the better.
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Experience comes with time and practice, whereas a newbie can improve other aspects of trading like his knowledge, willingness to stay consistent, dedication, learning from his mistakes, researching and analysing the market conditions.
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I'm really happy that I'm not addicted to Bitcoin actually. Because I don't think that it is a good thing. It can cause you to manage your Bitcoin investments really poorly. The most important thing is to make your investments wisely. If you don't have a certain strategy, you might invest more and more until having no money left. And it might not end up well.
Addiction is not created overnight. And the type of addiction is the same for each person. I have seen a few people sell their necessities to invest in Bitcoin. Again, I have seen some people who have borrowed money from their relatives and lost their livelihood by doing excessive online trading. Being overly addicted to anything is not a good thing at all, Investing in Bitcoin is profitable but there is a need to maintain a limitation. "Bitcoin addiction" This term is very new, people who invest in bitcoin by borrowing money we can't say that they are addicted to bitcoin, maybe they don't want to miss the opportunity to make an instant profit and that's why they borrowed money and also gave a portion of interest to the lender. You can borrow money to do any progressive work, so borrowing money is ok if he is skilled enough to do online trading. One is said to be addicted only when their habits start resulting in negative consequences. Borrowing money for crypto trading is okay but only to some extent. As you said, Borrowing money for the fear of missing out, I don't agree that it’s fine. If a trader is spending his maximum time and amount on crypto and mindlessly trading crypto to elevate his mood, I don't consider it healthy. |
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@ropyu1978 These are just excuses. The decentralized nature of Bitcoin is the main reason for it facing resistance in many countries. Governments have no control over it and they are still finding ways to regulate it properly
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I have faced the same issue and clearly have no idea why it occurs in the first place. Maybe the miner’s version is pretty old. I’ll try to upgrade mine and see it still occurs or not
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There’s no point in just holding bitcoin for lifetime. How will you be able to get profits on it! I think the best would be to stick to your own strategy rather than depending on anybody else’s advice.
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You can check out the forum’s rules and guidelines specified in the website. As long as your posts and contents are relevant for the forum, legitimate and not offensive to anything or anyone, then you can be free with whatever you post.
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