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1  Other / Beginners & Help / Re: Is diversification into different coins really a good advice for Newbies? on: May 19, 2022, 06:22:09 AM
I totally agree with the post. Crypto currency market is different from the stock market and there is no need for too much diversification here. It is important to invest in currencies that hold a future value in order to be safe. Bitcoin, Ethereum and doge coins are good for investment and have a strong presence in the crypto market. It is better to stick to these ones rather than diversifying your investment with shit coins that hold little to no value. 
2  Other / Beginners & Help / Re: Let's always remember how important our lives are. on: May 18, 2022, 05:25:44 AM
This is such a relevant topic. Certainly there is nothing more important than life. Financial losses must be a traumatic experience but that is not the end of the world. Our society is wired in a way that we place too much importance on money and financial status. Of course we need money to survive and live a better life but it is not worth losing our life for. Markets will always have ups and downs and every investor should be prepared for that. The unexpected fall in the crypto currency market is disturbing for all of us. But we should not let it disrupt our mental peace. Losing is inevitable sometimes and we should just accept it and move on. Asking for help is important and please reach out to your loved ones and check on them on a regular basis. This is not just about crypto but make sure to not let anyone suffer in silence and take the wrong step in the end.
3  Bitcoin / Bitcoin Discussion / Re: A time people have been waiting for bitcoin to drop on: May 16, 2022, 06:09:51 AM
If you wait, you will be waiting forever. When in doubt, the best choice you got is to either buy more if you have the sufficient funds. If you wait for the dip to go lower, you might miss out on other opportunities that come your way. Think practically and make a move depending on potential returns.
4  Bitcoin / Bitcoin Discussion / Re: Trading Bitcoin and crypto "could destroy your life", go to rehab hehehe on: May 13, 2022, 05:52:48 AM
It is true for a large proportion of traders. In the market, nearly 90% of traders lose money. Trading is not for everyone. You can succeed only if you have the required skills and mindset. Trading is risky and the market is volatile. It is much easier to lose money than to make a profit.
5  Bitcoin / Bitcoin Discussion / Re: The most reliable coin to invest in is Bitcoin. on: May 12, 2022, 05:40:15 AM
Bitcoin will be standing strong as the popular choice of crypto currency investors for a long time. There is no doubt about that. Even though the market is going through a down phase in the present, the future looks promising and full of opportunities for crypto enthusiasts.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Ethereum at risk of serious losses on: May 11, 2022, 04:36:04 AM
This is not the first time that the crypto currencies are experiencing a fall in prices. And I am hopeful that the market will recover soon. Bitcoin and Ethereum being the most valuable crypto currencies will surely bunch back and the value will be rising. So I would say it may not be a right decision to miss this opportunity as buying low is the sign of a wise investor.
7  Bitcoin / Bitcoin Discussion / Re: Momentum in Crypto World on: May 11, 2022, 04:28:51 AM
Here on, it is only going to evolve into something larger and become part of daily life transactions. It is possible. With the number of people investing, this should be expected.
8  Bitcoin / Bitcoin Discussion / Re: What do you think we should do with our investments in times of uncertainty? on: May 10, 2022, 04:52:32 AM
The best thing to do is to hold onto your investments in times of uncertainty. You never know what may happen. It’s best to be prepared to face any situation and convert it into a potential opportunity to receive returns.
9  Bitcoin / Bitcoin Discussion / Re: I lost my bitcoin on: May 09, 2022, 06:42:56 AM
The worst thing about bitcoins or any cryptocurrency is that once they are lost, they are lost forever. There’s no way you can retrieve them back but you can definitely take help from the law for the damage that has happened to your home.
10  Bitcoin / Bitcoin Discussion / Re: Anyone can help collect bitcoin on: May 09, 2022, 06:35:20 AM
If it is banned in your country, it's better not to indulge in it. Of course there are definitely some dark web stuffs you can use to invest in crypto while you are in China, like asking someone to fund by giving the public key, or transferring your coins from hot wallet to cold wallet, but, keeping in mind the government monitored social credit system in china, the security of government rules being very strictly monitored. So it's best to sell all the cryptos you own, get back your money, and be safe rather than be arrested.
11  Bitcoin / Bitcoin Discussion / Re: How safe it is to invest in cryptocurrency on: May 06, 2022, 05:19:46 AM
The safety of your money is in your hands. You can’t blame anyone for your losses if you failed at analysing the market correctly and making a profitable trading decision. Study well to stay safe.
12  Bitcoin / Bitcoin Discussion / Re: More regulation on crypto developers, altcoins and exchanges on: May 05, 2022, 05:38:14 AM
Centralization has its own pros and cons but in my opinion, the regulations would enhance the safety and security of our funds to some extent. Also it will apply to all crypto currencies and hopefully that will prove to be helpful for traders and investors in the future. But I do understand the concern of fellow traders. Hoping for the best regarding this news.
13  Bitcoin / Bitcoin Discussion / Re: Why is it bad to leave crypto on exchanges? on: May 04, 2022, 08:25:21 AM
I mean it’s risky to leave your funds in the exchange for a long time even if you are getting interest. Crypto exchange is different from a bank and you can’t always trust the level of safety they have for funds. Hacking is a possible threat too. There must be many people who might be doing the same for getting regular interest on their bitcoins. If you are really sure about the safety and compensation plans of your exchange then you can keep your funds there.
14  Bitcoin / Bitcoin Discussion / Re: Are new bitcoin users early or late to the party? on: May 04, 2022, 08:18:44 AM
It is not too late. In fact, most people do not understand bitcoin and other cryptocurrencies completely. So even if you are just beginning your journey, it’s not too late. Explore the possibilities of digital currencies.
15  Bitcoin / Bitcoin Discussion / Re: When and how did you discover Bitcoin? on: May 04, 2022, 08:10:47 AM
I first learned about bitcoin through Twitter on the news feed. It was about bitcoin. I got curious to know more about it and started reading more.
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