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May 28, 2024, 01:15:22 PM *
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1  Economy / Trading Discussion / Re: Take Profits! Its important! on: May 27, 2024, 11:58:21 PM
I believed being greed is more important to avoid profit loss, that proven because those old days I never had that mindset. My confidence was out breaking thinking that I wouldn't experience any problem with my holdings.
Unfortunately, when bearish came around year 2018--2019 everything went so grey and in fact it gave me a lot of emotional stress which was really hard to cope up.
Well, that's why taking advantage is important. Make sure that you take profits regularly, and have a strategy for rebuying. When you have taken profit, and bearishness occurs, you can buy back, and increase the coins you own.
However, I too have experienced the same thing. Until now, I have changed my view completely, that I chose this decision to make a profit.
We cannot predict with certainty where and when the price will fall, so it is important that we set a target to take profit. In my opinion, we don't have to get big profits, we just adjust it to our capital (we have to be realistic in this matter), the important thing is that we can be consistent in taking those profits. When we can be consistent, even though our profits are small, we can continue to get them and it will be a large amount too.
Everyone must have had unpleasant experiences when investing or trading, and from that experience we can learn to become a better person and as much as possible avoid the same mistakes in the future.

     That's true. The market is very unpredictable, so it's important for a trader or investor to have a plan, because these will be our guidelines for exiting profit. If we don't have a plan, it's like we're just floating or being swept away by the wave as it goes. 

     Maybe later on, instead of having a profit, we will lose it, and this often happens because if greediness or lack of knowledge did not exist, for sure the majority of investors would get a profit, so it is also important to have a deep  understanding of trading.
2  Economy / Economics / Re: Money addiction on: May 27, 2024, 11:49:00 PM
On a scale of 1-10 I will say 9 out of every 10 are addicted to making more money even though not everyone attain this height at the end of the day. We live in an every hiking economic society. Prices of commodities keep changing as each day passes by. This has invariably triggered the addiction to more money as the usual earnings is no longer enough to maintain once life style.

Many have been forced into adapting to their current spending ability, others have deviced means to earn more so as to meet up others has choosen the looting method just to survive.

Based on this Ninety percent of people in every sector of life has higher chances of looting only that most people are not privileged to get the opportunity to carryout what's in their minds

     There are many people at this age who have become like money or have been swallowed up by the money system. Those who pretend to have a lot of money so they can convince other people that they will cheat just so they can have money. 

     Pretending to be rich but not really—that's what happens when the wrong way of looking at money is used. Yes, we need money, and it is a part of our lives in this age, but we don't need to let money control us; instead, we should control money.
3  Local / Pilipinas / Re: Binance nagpahayag ng pag-asa na pwede parin silang mag-operate sa bansa natin on: May 27, 2024, 11:38:24 PM
Di ko rin lubos maisip na magbenta ng information si Binance. Kahit nga siguro magkaroon ng unintentional leak ay malaking bagay na rin na ikakasira ng kanilang kompanya.

Pwede makapasok si Binance ulit kaso need makabili ng existing kompanyang meron license dahil malabo na mag issue ng bagong license ang mga buwaya ng bayan. Okay lang kasi sa kanila magdusa mga ordinaryong Pinoy sa malalaking spreads at mataas na fees nina Coins, Globe, Maya, etc.

Sa ngayon ay di narin ako nagwidraw muli sa Binance. Meron pa rin naman ibang ways kung sakaling mawala na siya sa app.

     Eh diba nga parang ang tanging best option ng Binance ay meron na silang kinakausap daw, na merong ng license to operate here sa bansa natin na hindi naman din naging successful yung operasyon nila sa field na ito ng cryptocurrency, pero meron silang vasp approval.

     Parang ito yung pinplantsa ata na kunin ni Binance yung slot, for them to resume their operation here sa bansa natin, at sana nga makuha na nila yung slot para everybody happy na ulit mga kababayan natin sabi nga nila.
4  Local / Pilipinas / Re: BTC scamming attempt gamit ang pangalan ni Raffy Tulfo on: May 27, 2024, 11:27:29 PM

-snip-

Tingin ko hindi din kasi yung nag tanong sakin ay laking syudad talaga at college graduate pa. Kaya lang di lang talag sya aware sa makabagong teknolohiya since nasanay siya sa traditional na pamamaraan na kumita at nitong pandemic lang nag ka interest na mag spend ng oras online dahil sa walang choice at hindi makalabas.

Kaya dahil dyan ang target talaga nila ay yung mga walang muwang talaga sa mga ponzi schemes at iba pang modus kaya delikado talaga yung mga hindi maalam sa ganito lalo na gamit pa naman ang pangalan ni Senator Tulfo. Buti nalang talaga naalala nya na bitcoin user ako at nag tanong kung hindi susundin na nya yung instruction na binigay ng scammer. Kung natuloy man sya for sure iyak malala buti talaga nag tanong at naiwas ko din sya sa kapahamakan. Naisip ko din talaga na mabuti nalang naging maalam tayo sa tulong ng experience natin kay bitcoin at iba pang aktibidad lalo na sa scams dahil natutulungan talaga natin maiwas yung mga kakilala natin sa mga maling gawain na yan.

Pambihira. May mga ganito pa dn pala na nakatira sa syudad while sobrang popular na ng social media para maging aware sa ganitong scheme. Siguro itong tinutukoy mo yung mga taong focus lang sa goal, either study or work kaya hindi sila updated sa mga investment scheme na sobrang delikado kung wala kang alam.

Sobrang sikat ng ganitong scheme nung pandemic tapos sikat si Francis Leo Marcos na namimigay ng pera. Ang daming nabiktima sa amin sa networking dahil backed daw ni FDL.

So far, Wala ng big Ponzi scheme na sumisikat ngayon sa Pinas pagkatpos ng forsage hype.

     Oo naalala ko yang Forsage na yan, daming nahumaling dyan at sobrang hyped sila pati, parang onecoin lintek na yan. Kaya yung mga scammer ngayon kadalasan ay sa mga gcash tumitirada kasi alam nilang meron at meron parin talagang nasasalisihan dahil sa OTP isyu, at yung iba naman nga katulad nito ay gumagamit ng mga popular na name sa social media at palalabasin na sila yun pero ang totoo ay hindi.

     At ang worst pa dyan yung taong mismong ginamit walang kaalam-alam na nagagamit na pala yung name nya sa kasamaan, at yung iba naman AI ang ginagamit thru paggaya ng boses or ng picture na akala mo sila talaga. Kaya ibayong pag-iingat sa mga kababayan natin na hindi pa nakakaalam dyan.
5  Local / Pilipinas / Re: Philippine peso Stablecoin on: May 27, 2024, 11:18:07 PM
Sobrang useless ng stablecoin na ito since hindi ginagamit ang PHP currency globally while limited lang application ng currency na ito sa mga local platform which I doubt na susuportahan ito ng local business.
(...)
I agree sa useless part here.
Kasi why hold Philippine peso stablecoin kung wala rin naman tong paga gagamitan mostly? I rather hold Philippine Peso sa mga mobile banking or digital banking or wallet like Maya and Gcash kasi yan na man mostly ginagamit sa atin eh.
Saka most of pinoy ang ginawa is kinokonvert yung crypto nila or USD to Philippine peso direct na sa bank or digital banking or wallet.

For now siguro talaga useless sya kasi wala pang gaanong pang-gagamitan, pero kung maganda ang hangarin nila dito sa Philippine Peso Stablecoin like kung ang purpose nila is pataasin ang value ng PHP kontra Dollars why not di ba para supportahan natin yung mga ganito.

One thing na nakikitang kong problema sa ganito is the transaction fee talaga. Not unless yung network na gagamit ay mababa ang transaction fee. May balita na ba kung anong Blockchain network ang gagamitin para dito?

     Useless talaga, dahil sa ngayon ang pwedeng gumamit lang nyan ay yung mga nasa field ng crypto space, hindi pa naman ganun kadami yung mga community natin dito sa bansang pinas ang crypto fanatic, this is the reality. And for sure hindi rin lahat ng crypto enthusiast ay gagamitin din yan, baka ka nga yung ibang mga nagpopromote nyan for sure hindi rin naman nila yan uunahin na gamitin dahil hindi pa ganun kaatraktive yung use case nya sa kapanahunang ito.

     Kasi kung sa coinsph palang ito magagamit ay wala na finish na for sure, matetengga lang yan dahil mataas ang spread ng coinsph promise. Kasi nasilip ko narin ang apps na ito kahit papaano at naexplore ko narin tama nga yung sinasabi ng iba dito tungkol sa coinsph.
6  Local / Pilipinas / Re: Seabank sa P2P Exchange on: May 27, 2024, 11:07:42 PM
I used Seabank starting noong nag mandate si Shopee na need gumawa ang mga seller nila for withdrawing galing sa platform. So far ang daming benefits niya unlike other ewallet at banks, parang si Seabank ata may pinakamalaking advantage sa lahat as of now.

And yes, gamit na gamit ko siya in every transaction sa p2p, walang fees for transactions (withdrawals and deposits) although may limit lang, pero good pa rin. May discounts din sa pag load unlike sa iba na wala or may dagdag na fees.

As of now may virtual card na din sila tapus may rebates pa, waiting ako sa physical cards nila soon.

     Yung sa physical card ay medyo nagkakainteres ako dyan lalo, parang sa gcash apps wallet na merong debit/visa card na kung saan ay pwedeng magamit para makapagwithdraw ka sa ATM or any retail outlet ng gcash na merong cash-in at cash-out.

     Aabangan ko din yang physical card nila, malamang debit card din yan na may logo ng master card, medyo maganda kasi kapag merong mga ganyan na card kapag nasa grocery ka or ibang mga store outlet na tumatanggap ng debit card payment.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Girls in crypto world on: May 27, 2024, 10:58:09 PM
     Well, this forum is open to everyone, male or female. You are welcome here, and whether you have an interest or not, you can peek or stay here in the forum. There are others here who are just curious or just finding out what is on this platform. 

     Now, if you are one of those who have an interest in learning about cryptocurrency and you stumble upon this forum, it can be said that you are on the right forum platform, and I also congratulate you because it is very rare for women who have an interest in crypto to come here because the majority are actually males.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Creating alt coin or what solution can i find on: May 27, 2024, 10:47:09 PM
     Is this your website op? From what I've seen, these games are just typical games for people who just want to have fun or are bored. They can do it. And I think that through ads that appear similar to those on YouTube while watching, ads appear for sure, so you have a profit, right?

     Then, if your only purpose is to earn or get profit from altcoins and you have no long-term intention in this field, it is better not to continue. Although it's still your choice, if you're like others who only make meme coins because they aim to earn and don't care if the investors can get a good or bad ROI because the only desire is to really earn and there's no use case coin, that seems wrong in my opinion.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Will altcoins ever cheap again? on: May 27, 2024, 10:34:22 PM
     You know that you can actually see a lot of altcoins that are actually cheap that have the potential to bring profit to anyone in the crypto space. All you really need is patience in finding them. You will also exert effort to find them.

     Actually, I know some that are low right now that have the potential to be $1  at the cheap price they currently have, and if they don't reach $1  each, you will still make money from them. And like I said, you just have to be patient in your search, although there is always risk involved in investing.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been profiting from memecoins? on: May 25, 2024, 11:51:35 PM
I am positioned ready for or should I say hoping for a wild meme coin season. If there is to be one it will likely be in the next 18 months to mirror what Bitcoin will be expected to do. There are many meme coins, it can be difficult to invest in the right one(s). There is one ERC20 token I have a lot of hope for called Option2Trade. It’s still in presale but launch is in 6 days on Bitmart- https://option2tradepresale.com/

What's special about this coin you're talking about here? I'm just asking. I'll try to do my own research here first, and then I'll decide if it really has potential or not in the future. Anyway,  thanks for sharing.

I have made several profit from different altcoins projects and that is one of the reasons why we keep seeing more investors putting their money on altcoins. Altcoins are very profitable especially holding memes that has bullish movements.
We can always make money from the market if we know how look for good meme tokens that have huge potentials of doing well in the market. The most important thing is for us to look for them and invest few dollars using risk management so we don't lost money if the project ended up but moving well.

I have made a profit from the meme coins that I have now, and until now I am still taking profit from them. It is one of the top meme coins and is also listed among the top altcoins in the market, like Pepe Coin, Bonk, and other meme coins that are new here but are listed on the top exchanges.



11  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrops are getting easier to get this year on: May 25, 2024, 11:40:39 PM
If I compare the airdrops before that I didn't catch up with, where you just sign up and do the tasks, you'll be participants immediately, and you'll get rewards immediately after the events. Right now, I think the airdrops system is better because the tokens of the airdrops so far have more potential in the market for the future.

Because now, before becoming a qualifier for airdrops, you have to use their platform protocol first, which means the chances are high that the coin or token will actually have users and value in the future. Unlike before, the majority of those who did airdrops have no value or are not noticed by the crypto community at the moment. This is the only thing I noticed, honestly.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: DOG- A memecoin on Bitcoin Blockchain on: May 25, 2024, 11:32:23 PM
The puppy is cute. Today,  when I looked at it on Bitget, it was just listed on the platform. If I'm not mistaken, it seems like it started at 0.001$ a few days ago and now it's around 0.004$ something right away. That means for those who first invested here, they immediately take a profit of around 300%+, right?

But I will observe it first; maybe I will buy only a small amount first, and there is no denying that it has potential because it was immediately listed on Bitget, and this exchange is also included in the top 10 listed in the market.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: How fast can one achieve Crypto millionaire status with meme coin? on: May 25, 2024, 11:18:18 PM
Interestingly, Meme coins are becoming more and more popular with significant indicators of the bull market. They're a cool type of cryptocurrency that combines internet memes inspired by popular memes and cultural trends. With the advanced technology like the Solana blockchain, these coins brings people together who are excited about and hold such tokens. While Meme coins are very risky, investors are excited to throw in their funds and if you ask them, they'll tell you that individuals who invest in meme coins before they become popular, it is possible for them to become wealthy or at least earn some money.

I read an analysis of Shiba Inu (SHIB) coin, which was launched in 2020. It was clear that purchasing $11.87 worth of SHIB at that time, an investor could have become a millionaire only one year and three months later because of its significant price increase. I need your opinion here, how fast can one achieve a millionaire status with meme coin? Asking because, after my analysis of the profit ratio of the likes of Shiba Inu, Pepe, Bonk etc, I am also on the look out for good meme coins to try out. The recent one I found and still considering is Dogwifhat WIF recently listed on Bitget, Raydium and other cex probably or what do you all think? Can we truly become Millionaires with meme coins?

Maybe the only thing you will always remember is that, as most people say, the majority of meme coins that come out that are new in the crypto space are really very high-risk. But when you have a good time, the hype and development that a meme does coin is also for sure that you will suddenly become really rich.

But it's rare and not easy to see this potential meme coin like Shib that just started with something not serious but in the end they took it seriously because a lot of people trusted and believed that's why, until now, if you look at the marketcap of SHIB, it's really too big or too high compared to other meme coins now in the market. Good luck with your plans.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Are your holdings ready for this altcoinseason? on: May 25, 2024, 11:07:19 PM
Just make sure that the altcoins you buy are on the top list of the market, because if they are not on the top list, the risk is quite high that you will use capital in the crypto you buy. You must also have a target period when you will sell it.

And you should also have enough research done on the coins to determine why you should buy them; there should be the demand and size of the communities and partners that have them, not that you are just led by rumors or that you just think that this potential should be what you can really see that it has a good daily volume in the market like that.
15  Economy / Trading Discussion / Re: (CONTINUATION) Price Action Strategies on TRADING Part II on: May 24, 2024, 08:55:27 PM
     This monthly timeframe is only used if you are a long-term holder, right? Does that mean it is not an effective method for short-term traders? If I look at your illustrations, it seems that it is still confusing to implement in the actual trade itself.

     In short, this is not short-term trading, though, this is a monthly earnings method for price action to determine how to get earnings. But I will still try to understand it. However,
still thank you for the effort op.
16  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 24, 2024, 08:31:52 PM
I guess its better if you make your own money, seems those money came from your brother of course he will use his hard-earned money to other things he needs, you keep pushing and now regrets to make an investment in bitcoin, if those number of days you seek another source of income so you don't need to beg to invest instead you will make a risk at your own. Also, base on your statement you have 50% to invest with and if you held those until now seems you already gained profit. Like other people who doubt the use of the bitcoin they are now regrets upon checking the price of the BTC today.
Regret is always the end result of the day and that's why most person miss out the opportunity that Bitcoin investment brings to the table. Bitcoin now is one of the most lucrative forms of investment but many people today are  shy of this opportunity maybe due to doubt that they are going to lose out because of its volatility or due to the fact that they feel they don't have enough to invest that would earn them profits but there is a saying which goes " the first approach to something goes a long way" which simply means one can start an investment if he is really interesting no matter the financial status as the DCA STRATEGY is always there .

     Until this time, many people are still afraid of investing in Bitcoin but want to make money. And an industry like this cannot be without risk because if no one does it, for sure they will not get any profit today or in the future. 

     It seems to be no different from a person who wants to graduate; if we want a diploma, we have to spend time to graduate. And for that to happen, you must enroll, and to enroll, you must have money.
17  Bitcoin / Bitcoin Discussion / Re: Could China (or similar) take control of Bitcoin? on: May 24, 2024, 08:17:11 PM
It’s definitely possible and knowing China, I know they will do everything to get it done especially if it is the way to get something they want (and they want a lot of things). I can see China doing this for political gain, how? That I am not sure but one thing’s for sure if China were to take control of 50% of bitcoin investors might lose some confidence on the coin.

     China has always wanted that, but they couldn't do it because there were so many obstacles. They have been doing that for several years, but until now they still haven't been able to do it. That means they can't, and they aren't capable. 

     With the number of people these days who are interested in Bitcoin, especially now that there are other countries and institutional investors who are accumulating it, for sure the country of China will have a hard time.
18  Bitcoin / Bitcoin Discussion / Re: Allow Non-investors to discourage you in your Bitcoin journey...? on: May 24, 2024, 07:59:40 PM
     It's simple: if you yourself have an interest in bitcoin, of course you will find a way to find out by conducting research, and when you see the concept and essence of bitcoin, you will see its potential and the reason why people are obsessed with it. Institutional investors are things that can also push you to invest in bitcoin that has real potential.

     Now, if there are others who discourage you because you know what you really saw in Bitcoin and you don't, of course, believe what others say because you are the one who saw gold and not them, then you will believe what they say? It will come out that we are fools in the end.
19  Bitcoin / Bitcoin Discussion / Re: Why are banks against cryptocurrency? on: May 24, 2024, 07:40:02 PM
     Maybe if we put ourselves in the position of bank owners, we will probably be against cryptocurrencies right away, especially if we don't believe in the potential of crypto or bitcoin. Then literally, banks are a regulated business category, while cryptocurrency and bitcoin are not. 

     So, it just means that what is centralized can never be decentralized. But the bank can adopt the cryptocurrency if the owner of the bank himself wants to. Because UnionBank did that, of which this is just one example. If Unionbank did it, it means other bank institutions can do it too.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: May 23, 2024, 04:20:48 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

     The investment is like a matter of choice; there is no obligation here but to be wise and critical before investing in a scheme opportunity that we will enter that we think will give a good ROI in a short period of time. And one example here is Bitcoin, or cryptocurrency, and others that are outside of digital currency.

     In the wants, these are our priorities that should not be lost in the daily routine of our lives. Food, water, clothes, and prime commodities are just some of the wants that people often use.
So in this matter we shouldn't forget their difference anyway.
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