Bitcoin Forum
May 26, 2024, 02:10:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 55 »
1  Economy / Services / Re: [OPEN] Rollbit.com | Signature Campaign | Full Members+ ~ Earn up to $80/Week! on: May 25, 2024, 10:30:43 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3580553
Current post count (Including this one): 1083
bech32 BTC address: bc1que8wtj7px2w5cddw50k7a5u3j52wz5t2kwdkat  
Merit EARNED in the last 120 days: 56

2  Economy / Services / Re: [OPEN] Rollbit.com | Crypto Futures Signature Campaign| Full Members+ on: May 25, 2024, 10:10:31 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3580553
Current post count (Including this one): 1082
bech32 BTC address: bc1que8wtj7px2w5cddw50k7a5u3j52wz5t2kwdkat
Merit Earned in the last 120 day: 56
3  Economy / Gambling discussion / Re: 🏆 The Emirates FA Cup - Season 2023/2024 on: May 25, 2024, 07:14:53 PM
 
Congratulations to Manchester United! I never expected United to surprise me in the match, but they played well and were able to win the FA Cup. Lots of people will be losing their bets today because most people placed their bets on Manchester City to win, but United are the heroes today.

Manchester United act differently some times mostly when everyone is watching their next move, I never saw this coming although Manchester United is not so weak because people judge them base on their previous performance and this season all through is just unstable or else I see no valid reason why anyone will look down on Manchester United. Manchester City just wanted  to win a title and since they got the epl they never wanted to add full seriousness, congratulations and Manchester United deserve the title since they’ve been called names so this is just a way of proving our thought wrong.
4  Local / Nigeria (Naija) / Re: Bitcoin pizza day gaining more relvance. on: May 24, 2024, 09:47:46 PM
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
Yes since they have lifted the ban on cryptocurrencies I don't think we should be afraid of coming out to celebrate bitcoin pizza day but even though the government are more interested in p2p exchange transactions but I don't see it convenient enough to be too exposed to the public about cryptocurrency, everything can be done on a low or just on forum here without appearing physically since our government cannot be trusted because we know how funny they can behave so we ought to be very careful and vigilant.
Celebrating this event openly is not even wrong, like our government will say anything negative about this celebration I doubt because bitcoin pizza celebration na world wide and na very open something wey no be like investment because I no fit say na everybody for that occasion dey hold bitcoin so if the government should hold them what’s the evidence? For just pizza celebration? Something wey spread that day mostly twitter, I see post about the pizza celebration like plenty but I no know say Nigerians go celebrate too. If na country wey ban bitcoin then na different thing but, Nigeria no ban bitcoin so the open celebration no be bad thing for my own perspective.
5  Economy / Gambling discussion / Re: Is gambling bad to the society? on: May 24, 2024, 09:13:51 PM
Gambling is not bad, sometimes we mistake what’s bad just because people misuse and gamble for lack of funds . Gambling addiction is just the problem and if anyone can resist gambling addiction then what’s really bad associated with gambling, the most common stories I hear about gambling addict and such stories is so annoying, the story of people committing suicide and secondly broken marriages just because they could not gamble responsibly. Well restricting gambling for the sake of others who cannot control their emotions and resist being an addict is not right, I believe every casino have different features and a special restriction for such users only.
6  Bitcoin / Bitcoin Discussion / Re: Shops now accept BTC on: May 24, 2024, 08:33:44 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.
Accepting bitcoin as a means of payment is not something new as anyone can accept bitcoin and it all depends on the person receiving the payment. For example anyone who is knowledgeable about bitcoin will definitely make use of bitcoin, all this can also create a space for bitcoin awareness unknowingly because most people don’t know about bitcoin, although accepting bitcoin as a mean of payment can also be limited mostly countries going against bitcoin. Regardless bitcoin is still gaining popularity, from my view bitcoin has a lot to offer only for those who understand what bitcoin is and treat bitcoin according to their understanding.
7  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 24, 2024, 01:31:34 PM
Getting a standard knowledge of bitcoin isn't something a newbie can cover in a week or two this could take months or even longer before he we would understand more about himself like cashflow management, risk tolerance and his investment timeline, all this are decisions that could take some time to figure out, waiting is a very wrong idea especially when you already know how to buy bitcoin and where to store it, this are the basic knowledge that I consider important for a newbie the rest can be figured out in the process of buying bitcoin, yes some newbies can tend to be very aggressive with regards to the price of bitcoin which I don't really support cause aggressiveness without knowledge of yourself can cause you to sell very early than expected, so a better advice like what Jay had said earlier on would be for them to get started even if it's a very little buying purchase of 10$ weekly and consistently while the figure out themselves properly.
From your perception is good to hurry up and invest in bitcoin, is that what you will advise beginners to do, in norms you don't need to venture what you don't know about without proper research, someone get into lose base on over excitement and curiosity to invest in order to make a profit, as investor you need to be inquisitive to something you have not comprehend well..let me ask you, during the bearish season and bullrun when is best time for someone to accumulate bitcoin?.

I can't be that conscious to invest due to bitcoin price is increasing rapidly, you most at least scrutinised the market and understand the next movement of Bitcoin through the chat or move of candles sticks, probably, we need to know that is not all about investing but understand the system first, many of you is curious to invest when the price of bitcoin increasing and you feel is the best time to accumulate your bitcoin.
I understand your point here but the problem is no one can acquire every knowledge about bitcoin at once, I’m trying to understand because learning never ends so if any investor should wait and learn first before investing I believe the investor will take so much time learning meanwhile the market wait for no one. At that early stage I believe an investor knowledge shouldn’t be channelled to bearish and bull market because all this can get confusing and complicated during the early stage secondly from my perspective there’s no special time set for accumulating bitcoin rather anyone can buy and hold at anytime, the reason why people always want the dip is because an investor can accumulate more and easily build their investment due to the decline, waiting is not right. During the early stage no investor should go excess  aggressive or being in a hurry as you mentioned as learning and accumulating can be done gradually, all what an investor need is a right planning and the amount set to accumulate weekly.
8  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 23, 2024, 06:06:02 PM
Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.


Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all Cheesy ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

For any new investor, the best they can do is invest and learn at same time because learning is needed at the same time investing is necessary. For example, my first time hearing about bitcoin investment I had no knowledge but as time goes on I got basic knowledge and I had to buy bitcoin as practice makes perfect. Learning never ends and surprising how I got bitcoin knowledge here about bitcoin accumulation and investing with a comfortable strategy is needed. Firstly I must agree while learning we should start as soon as possible, from my view the common knowledge anyone should learn first is building an emergency funds, reserve funds as this really affected my early journey because I never had any knowledge at first. These funds is just like a foundation supporting the investment to stand so any new investor should also build these funds at the early stage.
9  Economy / Speculation / Re: Road to 100k? on: May 23, 2024, 05:37:57 PM
There are people that like fast profit, It is not only the newbies even old folks fall to this category too,  yea Bitcoin investment is not meant for shorterm purposes because shorterm does not come with the benefits thats accompanied with bitcoin investment, there are old investors that utilizes every opportunity, once they notice any dump they buy, any little appreciation in the price they sell immediately, no doubt buying when Bitcoin price dips is good but that shouold not discourage anyone from buying whenever he or she is ready, investing in Bitcoin is continuous process thats has no limitations whatsoever.
People who like fast profits, they must choose trading. If they invest in Bicoin, it is mostly for a long term holding. However, if people hold Bitcoin for a short term, it can get profits as well. But the profits must be not very significant. If you bought Bitcoin when the price dropped to $60k few weeks ago, you must take profits now. The current price is around $69k - $70k, there should be some profits to take.

So it actually depends on the goal. If the goal is for small profits, holding for a short term is no problem. But if to earn huge profits, you are right that investing in Bitcoin should be for a long term.

Trading is not guarantee, trading is not just done without a proper knowledge but rather before venturing into trading the person should be prepared to face loss cause trading is not guarantee 100%. I don’t know why I keep seeing profit attach to short term investment plan because there’s no profit at the end rather the investment will no longer stand, if anyone should follow the step you mentioned then the person is gambling with their investment and gambling with bitcoin is not guarantee as sometimes the market will not go as plan and everything turns to be a mess and loss. All this still depends on an investor planning and knowledge as one should take time and plan gradually with the mindset of a long term planning and be guided not to fall into false teaching and predictions.
10  Economy / Gambling discussion / Re: When you are confident with your picks, do you win most of the time? on: May 23, 2024, 10:25:49 AM
Every gambler with a different strategy and personally, I win anytime not because I used another strategy or confidence but, gambling is always gambling where you get to win or lose so you might just end up with any. No strategy involve because I believe gambling win is just by chance nothing else, your early time gambling you might not feel the need gambling always because you don’t get lucky that’s normal. Talking about confidence, I’m always confident about my bet but confidence will never get me my right choice so I’m used to viewing the end result win or lose.
11  Other / Meta / Re: 🍕 Bitcoin Pizza Day on Bitcointalk on: May 22, 2024, 02:50:48 PM
Reserved
12  Economy / Economics / Re: Luxury items stock will be good way to go on: May 21, 2024, 10:50:53 PM
Luxury lifestyle seems to be one of the popular discussion and what if the world continues like this when people buy what they don’t need unnecessarily just because they desire such property, what will happen to the economy because in such situation only few people will benefit and they’re the owners not the buyers, it looks like spending your money unnecessarily for the benefit of others meanwhile the product might fade within a long period of time or new invention and then the shop owner will gain not the buyer. Although despite all this, not everyone will behave in such manner and I’m convince people who live luxurious lifestyle are just the wealthy men.
13  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: May 21, 2024, 10:21:09 PM
I believe people just personally choose not to gamble and if religion could affect gambling choice I think just few number of people will gamble. I don’t think my religion will go against gambling sooner or later but if that should happen definitely I will quit gambling but, seeing this topic reminds me of the Islamic religion going against gambling and yet do they still engage in gambling cause it’s kind of complicated if a gambler should stop gambling because the religion is against gambling.
14  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 21, 2024, 08:35:58 PM
There are times when acting aggressively when prices fall by 10% or when we get additional income.
On the one hand, cash flow must be stable without becoming a burden when we make aggressive purchases.

The thing is that in as much as someone or rather an investor is rich doesn't mean that they cannot run into trouble if they are investing aggressively, however even if the price drops 10% is not actually a good reason to accumulate aggressively but instead you can possibly adjust your DCA accumulation were by if you normally accumulate a certain amount of Bitcoin on a weekly basis and it happen that your source of income has increased you could possibly increase your accumulation amounts that will be well suitable for you.

Though I no that most investors have there way or perspective they feel they can take advantage or facilitate there investment on Bitcoin but it will be very bad that they will get overwhelmed and invest all they have without realizing that in as much as long term holding doesn't really involved risk but aggressive investment could be regarded as one of the risk or barrier that could have a negative effect on there investment plan.

I Don't agree with your concept of aggressiveness, I don't think aggressiveness refers to investing into bitcoin with all you have or like some crazy investor that is throwing all his cash or savings into bitcoin, IMO it's more like investing not less than you should and at same time not less than you should, i can't really put the definition in words since I myself am still trying to grable thigns well.

Let's assume I have a toral of 200$ left as my disposable income after doing all my cashflow and deducted or removed my expenses, and I decide to invest 150$ of that into bitcoin that can be me beign aggressive or let's assume another person earning up to 4000$ and after removing his expenses as a bachelor has a 2000$ left as his discretionary income, normally we should keep in mind that we have to invest from here, kero float and also keep some reserves for later, he can decide to invest a whole 1k or 1200$ into bitcoin and keep halve as floats and the rest as reserves and if he ends up not using his floats or all then he can decide what to do with the rest.

I can't really find a way to explain my understanding of aggressiveness with words, but I think if investing in bitcoin is a priority or something that you desire to or want to achieve then that way you would want to give a sizable percentage of your disposable income to it or even all, that is my best way to explain what I understand by being aggressive and if aggressiveness is practiced rightly then you have no worri about it beign risk, they is a balance and that is finding what you are comfortable with.
Buying aggressively depends on an investor choice , buying beyond your capacity just to meetup can be considered as buying aggressive. Aggressive buying can be risky individually because every investor have their different ways of planning before buying, we can’t just judge in term of  aggressive buying being so risky. Aggressive buying can work for Mr A meanwhile Mr B is not getting it right, basically because Mr A will settle every necessary needs and set aside every funds to back up the investment before going ahead to buy while Mr B can decide to skip the planning process just to meetup and buy with everything. Most times, whenever there’s a decline we investors consider the price fall as an opportunity to buy and hold definitely it’s the right time to accumulate but, accumulating should not go beyond our discretionary income as mistakes can happen during times like this. Aggressive buying can be practice buy anyone but all depends on the available funds for accumulating.
15  Other / Beginners & Help / Re: [Merit] Share your best local board posts/topics on: May 21, 2024, 12:27:43 PM
Link 1: https://bitcointalk.org/index.php?topic=5495996.0

Link 2: https://bitcointalk.org/index.php?topic=5495793.0

Link 3: https://bitcointalk.org/index.php?topic=5495593.0

Link 4: https://bitcointalk.org/index.php?topic=5477266.40

Link 5: https://bitcointalk.org/index.php?topic=5466643.20
16  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: May 21, 2024, 05:49:04 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3580553;sa=summary
Current amount of posts (including this one): 1068
SegWit (preferably bech32) BTC Address for Payouts: bc1que8wtj7px2w5cddw50k7a5u3j52wz5t2kwdkat
EARNED merit in the last 120 days: 67
17  Economy / Gambling discussion / Re: Stop gambling if you don’t have free time to do it on: May 20, 2024, 09:45:47 PM
It’s always advisable a gambler set time and day for gambling not always, although not all gamblers will love to control their gambling habit in such manner and it’s rare seeing such discipline coming from a gambler. I personally don’t gamble during the evening but, I don’t have any limit gambling any day. It’s obvious most people work all day and it’s not advisable gambling during work time so people like this can always set free days for gambling.
18  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 20, 2024, 09:25:04 PM
Buying the dip is not trading; even though you are accumulating bitcoin for the long term, there is nothing wrong with buying bitcoin in a dip because it will help you accumulate bitcoin at a low price. But since you are a newbie, it is not advisable for you to adopt buying the dip so you will not try to time the market and get delayed in your bitcoin accumulation journey. You can stick with the DCA strategy so that you can accumulate bitcoin either weekly or monthly, even though bitcoin is increasing or decreasing. The DCA strategy will also help you control your emotions.
When investing we must invest in long term plans. Maybe trading can be sold with small profit but those who invest always risk more money and they hold their investment for longer period of time for more profit. So far those who have held onto their investments for a long period of time have not had much of an investment failure. Especially if you consider the latest investment case where Bitcoin broke all of its past records and reached record highs at which time at least no investor was out of profit. Bitcoin price has touched a high this year and so far the Bitcoin price has been hovering near record highs, but those who invested in it are definitely seeing substantial profits this time around. 
After the market touched the highs, it went lower for a few days and the market settled around $55K at this time many thought of investing but those who invested from within are definitely seeing substantial profits now. 

Those of us who invest if we think too much about investing and what will happen or not why we invest so much if we don't invest then we won't invest. Because overthinking the investment will only lag behind, but if you can invest with risk, then if you are patient, you can definitely get a substantial amount of profit from that investment.
I think you’re mistaking both words holding and trading, selling in small profit is considered as risk from my understanding cause an investor who always want to sell in any little profit will definitely miss their plans along their journey and will end up not buying within the previous price range, trading is not even advisable so if you’re considering trading as quick earn and risk free you should change your impression. Holding bitcoin for long run is actually risk free because you’ll get the time you want without overdoing except such investor doesn’t know what bitcoin investment is all about that’s when an investor can go astray with planning but, no investor will want to risk their money investing in bitcoin without a proper planning so when your planning is in order the investment is safe. An investment is considered a long term investment within 4-10 or even beyond the cycle, people do invest and invest as long as they’re comfortable going further without stress. I find it difficult understanding the last paragraph because no one should invest with fear or being in a haste to meetup a set amount, all this can be classified as trading because they’re the ones who always look at bitcoin price movement when investing.
19  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 20, 2024, 10:06:38 AM
Manchester City won their last match as well as Arsenal won their last match of the season but Manchester City's win was not good for Arsenal at all because of this win Manchester City won the title again this season. Arsenal lost the title every season to Manchester City at the end of the season. But I must praise Arsenal's performance this season because the performance they have shown this season and the way they have competed until the last match is undoubtedly commendable. This season Arsenal tried their best and they created many chances but for some reason they could not secure the title. Hope they will try again next season and they will be successful next season.  

Congratulations to Manchester City for another season of title wins.
Real no doubt Arsenal performance this season is perfect and I never expected this performance because of their previous performance last season but I guess Arsenal can still do better. Big congrats to Manchester City for winning the title again, it’s amazing watching how they played endless and all thanks to Pep Guardiola an amazing coach. I love how Pep Guardiola stand up for city and their action each match day, although I wanted to see other team win the title but unfortunately Arsenal couldn’t but, no hope is lost because Arsenal had their two best season winning the title maybe something different can still happen.
20  Local / Nigeria (Naija) / Re: How to avoid bitcoins and other crypto fraud on: May 18, 2024, 09:44:25 PM
If you observe carefully you go know say anything wey concern crypto na just about smartness, in summary creating a comfortable and safe environment go help definitely when you no suppose hear all this kind things like doubling an extra money for no reason, but, definitely them go come even with safety measures so seeing how everything works in crypto space everyone involve go need get knowledge first to overcome all this ones. The first thing wey I dey reason concerning free money offer na always false cause free money no dey anywhere and believing such when it has to do with crypto is surprising. Topics like this full the forum and you go see different steps to follow make you no go enter one chance.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 55 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!