Near has reached the price of $5.3 at the time when I am creating this post and I have not booked any single penny out of it. Its last all-time high was $20 which is still away but we do not know if it will hit its last all-time high or not so I am planning to book accordingly from points to points using the DCA(dollar cost average) method for book profit. well, one of my friend has suggested me to book atleast 30% of the profit when the price will hit $7.

Kindly share your booking strategy for $Near coin this thread may also help others who have also invested in the $Near project. On the other hand, do you guys have any rough guess of how much it can gain to its price in this bull run? bull run just starts to show itself to the investors and early investors are enjoying it. well, it is just the beginning so let's see how much this bull season returns us profit. Must share your opinion guys Many Thanks!

source

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

[Introduction:]

Introduction:
It is so obvious that the world of cryptocurrency is well known for its volatility, and the Probability of a bull run gives many chances to the investors in the form of ups and dips. As the prices increase it builds excitement in the investors, it's very important to adopt some strategies for accumulation of cryptocurrencies well main is Bitcoin because of trust worthy. Keep in mind these key considerations before getting ready for the cryptocurrency bull run.

DYOR (Do Your Own Research):
Keep this tip in mind that information and knowledge is the power in the world of cryptocurrency. Before the bull run starts you have to give some time to the project or coin you are going to invest in or you’re interested in. If want to get good profit from any specific token, coin check their social media handles like is that particular project is working on their ecosystem or not and are they bringing good updates to make this project well hyped or not. If the use-case of particular project is good then go for it and invest some amount that you can easily bear. Some more thing while doing DYOR you have to understand their technology, team, and community support. The investor with well-information can make better sound decisions during times of market getting hyped.

• Conduct DYOR

Risk Management:
Cryptocurrency world is well known for its rapid price fluctuations as I aforementioned. Determine how much of your portfolio you're willing to risk on a single project like if you have invested in multi projects or token It will be good for you to overcome your risk like we never know which project going to give you a fine and decent profit but keep in mind Diversify your portfolio after well-DYOR.

Diversification:
Well, hehe seems like I covered some of this part in risk management hmm that’s fine.  If you are going to put your big capital on a single promising cryptocurrency, I would say that’s not good decision, for that diversification helps to reduce your investment risk. Spread your net investments across different projects to reduce the impact of any single coin's poor performance in your portfolio. Always keep in mind that BitcoinBTC should be your first priority in Bull run.

Stay Tuned:
Try your best to stay tuned about the market trends and news Because news can bring ups and dips in the market. Some more factors to keep in mind while keeping eye on market sentiments which includes regulatory developments, technological advancements, and macroeconomic trends. Staying informed allows you to adjust your strategy based on changing market conditions like in case market goes down you can put some more investment in each project for making good average entry. This is only possible when you stay tunned and pre-arranged your funds for good entry again.

FOMO (Fear of Missing Out):
The FOMO (fear of missing out) can lead you to impulsive decisions which may lead to big mistakes. I have already covered this topic so I won’t write it again here but I would like to mention some points here which are always stick to your pre-determined plan while investing and if you have good sources it may help to overcome your FOMO. I am mentioning my FOMO topic here if you are interested you can read this one also.

• A Guide for Cryptocurrency Newbies for Overcoming FOMO

Conclusion:
We know that Bull run come after the bitcoin past market cycle and this bull run will be held after halving event which comes after 4-years cycle. So, the bull run can be an exciting and profitable time for investors to take good profit out of market but it requires good planning and approaches like; conducting DYOR, diversification of portfolio, risk management, staying tuned, and avoiding FOMO. you can navigate the ups and downs of the crypto market with confidence while adopting these aforementioned strategies.

Disclimer: This topic is self observed and many things is self experinced And TBH, many more things i wanted to add in this topic but i avoid because I thought this should not be over lengthy.

[Commerzbank]

i am looking at the adoption of BitcoinBTC is increasing day by day. "Commerzbank" is the first full-service German bank to be given a Crypto Custody Licence  & forth largest bank in Germany. This licence provides for the keeping of crypto assets as a prerequisite for the provision of additional digital asset services. The bank intends to put up a secure custody platform for digital assets......>>Commerzbank website. This licence was granted on 15,November 2023.

Some days ago, i share a report survey of "France" you guys also have a look on the report like how fast adoption of digital currency is increasing day by day....>>Cryptocurrency is the second most popular investment in "France"

[Survey]

According to the recent Survey it comes to know that cryptocurrency is the second most popular Investment in the France. This Report was published on 13 November.

According to this survey, the second higher propensity among the youngsters is cryptocurrency investment with the ratio of 9.4%. The majority of the investors are men with the ratio of 64% and from these most of the investors are youngsters. Their age very between 36 to 50 Years. In this ratio 54% people holds crypto-assets. source

This Is probably a very good decision of young generation to adopt the cryptocurrency assets as part of investment. The propensity of cryptocurrency as an investment is increasing day by day. Well, i think those days are not so far when everybody will talk about "investment in cryptocurrency."

[referral and promotion.]

Last Night I was using My mobile Phone and i stumble upon a website which is kind of exchange where we can buy or sell cryptocurrencies even we can make transaction using this website.

I Created my account on this website and there i saw an option of referral and promotion. I click on it and tried to find a promotion code for this which was 6d479tvu.

After applying this promotion code i received 0.2 BTC into this website wallet as available balance as you guys can see in above picture.

I tried to withdraw this amount 0.2 BTC into my Binance wallet. Then they said verify your account. e.g KYC i started to verify my account.

1. First Step was simple like enter your name, Your Date of Birth etc.

2. In second step they said me to deposit amount in btc into website wallet which i found scam in my mind so i didn't deposit any amount into website wallet.

Why this question arise as scam in my mind?

1st... 0.2 btc for free like no exchange offer you that much amount for free..hehe
2nd... they want me to deposit first into their wallet.

Maybe after this deposit i would lose my money.


My suggestion to you guys avoide these kinds of scam and stay safe.

[Introduction:]

Introduction:

There is no doubt the crypto world getting bigger day by day. Although, we know that it is digital world so first thing is to make the asset secure so that no one can access to your assets in any way. So, the idea of digital wallet arises which using the idea of encryption and decryption which makes your assets more secure. Only you are the sole person who can access to your digital asset. In this Topic, we will talk about how encryption and decryption work to protect cryptocurrency wallets and why it is important of their implementation in digital world.

Mechanism of Cryptocurrency Wallets:

Before we discuss this in more comprehensive way lets know the main facts of digital wallets of cryptocurrency. A cryptocurrency wallet is a digital tool or program that allows you to manage, store, and interact with your digital assets, like Bitcoin, Ethereum, and several others. These wallets contain two major components which are the public key and the private key.

What is Public Key? It works like bank account number which is also public. Other people can send you digital asset using your public key.

What is Private Key? On the other hand, Private key is work like security pin or password of your bank account which only you know. You can access your digital assets using your private key.

Img source

The Role of Encryption

The process of encryption is used to make secure of your private key from unauthorized access. When you create a cryptocurrency wallet for your digital asset, your private key is encrypted using cryptographic algorithms which is advanced way of security. Let’s discuss how encryption works.

Generation of private key: The private key is the sequence of long random characters. It is upto the wallet to generate your unique private key.

Encryption: Encryption is actually used to convert your private key into a secret code to prevent it from unauthorized access. Symmetric encryption algorithm is used to encrypt the private key for security enhancement of your wallet.  A symmetric encryption algorithm uses a same key for both encryption and decryption. This private key is derived from the wallet's password, which is set during the creation of wallet.

Storing Securely Private key: After all that, your private key is stored in your wallet application which you can access any time using your wallet password and without wallet password nobody can access your private key.

The Role of Decryption

Decryption is the opposite of encryption. It is the process through which the encrypted private key is converted back into its original form, which is human-readable. These steps below defines how decryption works…

Authentication: To perform any transaction and access own wallet we need to enter our password. We need to enter the password so that wallet can authenticate that we are the rightful owner of this wallet or not.

Decryption: Once the process of authentication clears then the wallet uses our password to derive the decrypted key, which is then used to decrypt our private key.

Wallet Operations: With the help of decrypted private key, we will be able to sign transaction and receive our cryptocurrency into our wallets.

img source

Report of Blockchain wallets till 2022:

Img source

Conclusion:

It is obvious that we all need security of our digital assets that’s why the mechanism encryption and decryption act like the guardians of your cryptocurrency wallets. Encryption protects our private key from unauthorized access which is done it by converting it into an unreadable code, while decryption allows us get access to our private key in its original form when needed. After understanding the mechanism of encryption and decryption, you can take important steps to ensure the safety of your digital assets. It is highly recommended to use strong, unique passwords and keep them in a secure place where no one can access it easily.


Disclaimer: This topic is self written and i studied this topic of "encryption and decryption" in my university. I decided to write it as "How the mechanism of encryption and decryption work in crypto wallets." after doing some research.

[Introduction:]

Introduction:

The adoption of cryptocurrency has seen a well hiked up growth in recent years, as seasoned investors and newcomers looking to have good profit from the digital world. While in this unexpected world of cryptocurrency, investors face a crucial decision: whether to rely on information of social media platforms or should conduct their own research (DYOR – Do Your Own Research). I hope this topic would be interesting to talk about the recommendations of putting the well-balanced decision in b/w “Social media or DYOR” approaches to follow.

Social Media Hype:

There are many social media platforms like Twitter, Reddit, and various online forums where communities have been created to spread information about the discussion of cryptocurrency. Sometime these discussions are created to catch the investors in the traps and on the other hand, some fair social media communities are created for just the benefits of investors where investors can have real time information. These are some pros and cons of relying on social media for crypto investment information.

Pros:

Quick Updates: Social media provides quick updates. For example, market trends, news, and the latest happenings in the world of cryptocurrency.

Fair Community Insights: There are many social media platforms where worthy communities have been created so that investors can join and have wisdom of the crypto community, which can offer them a valuable perspectives and insights.

Quick Accessibility: As we know that information on social media is freely available for those people who are interested in crypto world. They can join many communities as many they want to join which means social media communities are quick accessible for the investors.

Cons:

Leading Misinformation: Many of the times social media information created just to mislead & misguide and to create fake hype in the market of cryptocurrency. Following these wrong advices can lead to big losses.

Emotional Traps: There are many emotional traps which are created on social media that can be play its role to emotionally charge to investors. Which in response investors make impulsive decisions based on the traps like FUD (Fear, uncertainty, doubt), and FOMO (Fear of Missing Out).

DYOR (Do Your Own Research)

DYOR is the most important fundamental principle in the cryptocurrency world, which emphasize the importance of personal research. DYOR can help you to get more information and knowledge.

Pros:

Confident Decision-Making: Conducting your own research will allows you to fetch well-informed decisions based on facts, rather than relying on rumors or fake hype which are created to get trap investors.

Reduce Risk: When you do your research properly this will help you to reduces the chances of falling prey to scams of fake social media hypes.

Cons:

Time Consuming: DYOR is the time-consuming part because to fetch more accurate data you need to do Comprehensive research.

Complexity: We know the fact that Crypto projects can be highly technical, which makes it a big challenge for newcomers to understand them totally.

img source

img source

We can see the report of scams due to social media which is reduced by 2022. Maybe be it is due to the DYOR people are getting aware of many scams.i could not find the report of 2023 if you guys find it anywhere please mentioned me here. Thanks

Conclusion:
In the world of cryptocurrency, I would say combination of both social media and DYOR is the best recommended decision to follow like if we see any hype or news on social media, we must conduct DYOR for that to verify that it is real or fake? and we should avoid impulsive decisions. By combining both approaches and following the recommendations aforementioned, investors can have benefits in the crypto landscape more effectively, minimize the risk and rate of success can be increased.


Disclaimer: This topic is self written and i did research about the report to know that what is the ratio of scams due to social media Which is now impressive than before.

I myself belongs to Pakistan community. In usually, We don't have our local board for Now but Hoping to have it Sooner.  Our Senior members    shahzadafzal , irfan_pak10 , Hamza2424 Leading Us very well. I am sharing the request link of local board where you guys can see our every months reports which is now is impressive rather than before.

Re: Request: New Local Board for Pakistan (Urdu)

But, this idea can be implement in other local boards for now until we get our local board. Many of here may ask why i am saying to create chlid board with the name of location. So, the reason is that if there is child board with the name of location we can create threads in it with the name of cities; Like in Pakistan

Threads name be like in location child board in Pakistan....

1. Lahore
2. Karachi
3. Islamabad
4. Faisalabad .....etc

These cities name may vary location to location according to the country name in their local board.

By creating these threads in chlid board name with location we can held collaboration concerts or events by doing some announcements in these thread like where we want to held any coming event and maybe helpful to announce some important News in the cities thread related to coming events. This May be very helpful to increase the audience by inviting many of the people on these events. Where seniors will educate other people about this forum who have no idea about it like how much positive potential have this forum.

I Myself really like this forum very much because as a joiner on this forum i get to know alot of ideas and knowledge from other member and even from other boards as well.

So, for now this idea can be implement on other local boards by creating child board with the name of location. This may bring a massive audience on this forum and bring it up. Hope you guys like my idea. Many Thanks!

[Formulation of sheet:]

I create this sheet for my those mates/members who do work on google spreadsheet on their daily basis. It may help you guys to calculate your portfolio easily according to your future Goals.

You guys Just need to put number and you will see results.

Formulation of sheet:

Follow accordingly

1. Write "investment" in A3 cell. Leave next cell empty as shown in image.
2. Write "Bitcoin Current price" in A6 cell. Leave next cell empty as shown in image.
3. Write "Total BTC You Got" in D4 cell.
4. Write formula "=B3/B6" in D5 cell.
5. Write "Put predicted value here" in A11 cell. Leave next cell empty as shown in image.
6. Write "Profit According to Your Goal" in D11 cell.
7. write the formula "=D5*A12" in D12 cell.

Instruction:

1. Put your investment number in B3 cell.
2. Put the current price of Bitcoin or any other coin you are buying in B6 cell.
4. You will see how many amount you get in D5 cell.
5. Put the Predicted amount in A12 Cell.
6. At the end, you will see the final result in D12 cell.

If You guys have any query do lemm know. Many Thanks! 

["Time of creation of the topic"]

Hi there! I hope you all doing well.

I was thinking that there should be a separate section where we will be able to see the date of creation of the topic like when it was/is posted. We all know that we can see the last reply in front of the topic and the time of the last reply as well in front of topic.  We have to open the thread to know about the date of a topic when it was posted on BTT. what you guys say if we wil be able to see this "Time of creation of the topic" along with the last reply section it will be ease for us to know the time of creation of the topic without opening the thread. we need not to open any particular thread jsut to know its creation date. Many thanks!

Note: it is just a suggesstion.




Like, i mean to say there can be a section of date of post after the line which i draw in the picture.

-Snowpega-

[Note:]

Hi there! Hope Y'all doing well.

I would like to discuss this difference here with my respectable senior as well as the newbie members of the Bitcointalk Community. So, what you guys say why not we all should  put some light over this discussion by sharing our opinion and knowledge along with our experiences.

Note: This thread may helpful to other member who just start their BitcoinBTC accumulation just now. So, Share your knowledge, opinions and experience accordingly. Many Thanks!

To be very honest, if i have to choose anyone of these i would choose DCA strategy Because we can never time bitcoinBTC market. We can just make some predictions by keeping in mind,  Past behaviour & market sentiments of the BitcoinBTC along With TA and FA. i'm sharing my whole thread where i explained DCA technique with deep discussion rather than i explain the whole DCA strategy here again.....>>>A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA".

My opinion is to use DCA strategy for bitcoin accumulation because Bitcoin market sometime in dip and sometime in up behavior. we can't time the market anytime. So, while using DCA strategy we need to stay consistent and keep investing short amount of our money after interval of time "time interval can be weekly, bi-weekly or Monthly as well". In this way, we will get opportunities to buy dips and ups both being in the Bitcoin Market which at the end of the day gives us a good Average of our investment.

On the other hand, Lump-sum investment can be useful and maybe not. As i aforementioned that we can't time the market. So, what will happen using this strategy for BTCBTC accumulation? The person will buy Bitcoin at higher price or maybe at lower price with full of his investment at the same time. Sometime, he/ she fell prey to FOMO because he/she is waiting to see more dip for his accumulation of Bitcoin. In case, if it do not happen like price will not go more down he/she will miss his/her great opportunity of buying. Why i don't like Lump-sum investment because we have to invest our whole amount at the same time for accumulation of BTCBTC. 

Many Of the people fell prey to FOMO while investing in the market and their way to accumulation of bitcoin. So, To overcome it you can read this thread as well because knowledge is the power in cryptocurrency world. A Guide for Cryptocurrency Newbies for Overcoming FOMO

End: it is my part over the discussion "DCA Vs Lump-sum" So, Please must share your thoughts, opinion & Knowledge over this topic "DCA Vs Lump-sum" to make this thread useful for me and my other beloved members of the Bitcointalk community.

-snowpega-

[Upbit]

Upbit South Korean biggest exchange just got approved in Singapore from the Monetary Authority. At the Beginning of the October another big exchange got approved in Singapore about 2nd of October By the Monetary Authority. Which i have already covered....>>>CoinBase approved in Singapore

Well, Upbit main purpose to offer the digital payment token Like bitcoin BTC or any other digital assets "According to the company statement"
source

[A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA"]

A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA"

Introduction:

In the past few days, I have realized that many of the people like the DCA strategy for Cryptocurrency investment. So, I came here for my newbie’s members with depth and in an easy easy-to-understand way which may help them to increase their portfolio. I would say, for those who are new to the world of cryptocurrency, it may be difficult for them to decide like what should be their first step into the market as a newbie and how to navigate this difficult and often unpredictable market situation in the form of pumps and dumps. Well, the thing that really comes to my mind is that DCA is one of the smartest strategy for newbies to be adopted for good results. In this thread, we will study what DCA is, why it is a great strategy for newbies in the crypto world, and how to implement it more effectively. So, let’s Talk about DCA (Doller cost average) technique.

What Is DCA?
Dollar-cost averaging (DCA) is an investment strategy in the world of cryptocurrency where you need to keep investing a fixed amount of your money at regular intervals of time, no matter what is the current price of the asset you want to buy. This strategy makes you able to spread your investment over time and reduce the impact of market fluctuation. Like you can really overcome the dumps and pumps into good results whenever you take the average of it at the end of the day. DCA is well situated for the newbies in the world of cryptocurrency as well as the expertise of the market.

Why DCA is Ideal for Cryptocurrency Newbies

Reduce risk: As we’ll know that the Cryptocurrencies are well known for their price fluctuation. The price of each cryptocurrency changes its value from time to time. That’s why the DCA strategy is well recommended for newbies which can help to reduce the risk for one who is trying to time the market by making sure that he/she is buying both in upswings and downswings market trends. Additionally, DCA can be really helpful in reducing the average cost of all of your investments.

Avoid emotional decisions: The Cryptocurrency market is full of speculation, hype, and fear sometime these are created by fake social media news to catch the newbies in the traps. For those who have FOMO kind of issues, this strategy is well recommended for them to be adopted as DCA takes the emotion out of investing because of its regularity after some intervals. DCA investment schedule is a predetermined strategy. in this way, you can avoid your emotional decisions driven by market sentiment.

Best for Long-Term Focus: if you are a newbie and just started your accumulation of desired asset like (BTC) DCA strategy will encourage you for a long-term approach to investing, which is actually more rewarding than lump-sum approach. Instead of keeping an eye on daily price fluctuations, you just need to focus on your predetermined schedule means that the fixed intervals you decided to invest or take new entry into the market.

How to Implement DCA More Effectively

Set Your Budget: Keep in mind that as you are using the DCA technique. so, you need to determine your fixed amount for each interval that you can invest easily to take entry into the market. Let’s in case you are investing 10$ or whatever you can afford easily all depend on for each interval. Consistency matters here you need to be consistent here. This can be the best way for good average results at the end of the day.

I added this image for more convenience to understand how it actually affects your investment at the end of the day. Like in this picture which is the best way of investment Lump-Sum or DCA.


Select fixed time: In this part, you have to decide you periodic time when will you invest. It can be weekly or bi-weekly and monthly as well. It all depends on your financial situation like which time is more comfortable for you for taking entry into the market as I have aforementioned “It can be weekly or bi-weekly and monthly as well”

Focus on Your Schedule: Once you've decided your budget around with your fixed timing, then you need to stick with your plan. To get the best results in your average results at the end of the day while calculating your portfolio consistency is key to success in DCA strategy.

Prepare Emergency funds: To be very honest, I did not aware of this before but while having a deep discussion in the buy and hold thread I came to know about it from JayJuanGee and other mates in of the thread. Your emergency funds should be in your local currency that you can consume in any unexpected situation to overcome it.

 
Time to time Review of Your Strategy: Take a periodic review after some months, to evaluate your average while doing DCA strategy. You can make any necessary adjustments if need to see more good results. Doing it, is really helpful to increase your portfolio by changing your investment frequency based on your goals and market trends. Do it only if needed like if you are not seeing good results then do some kinda adjustment in your strategy.

Conclusion:
DCA is a simple but yet powerful strategy that can be really helpful for the cryptocurrency newbies to navigate the unpredictable behavior of the crypto market. By setting your budget, and consistently investing over time after the decided interval, you can reduce the risks associated with crypto investing because the market is sometimes in an uptrend and sometimes in a downtrend so you are buying both of them at your fixed intervals and it can really helpful to increase your chances of long-term success. Remember that, DCA can be an effective strategy, but besides that, there are more strategies like asset allocation, diversification, a regular portfolio rebalancing which you can also adopt. It all depends on your research so Do your own research before adopting any of the strategies.

[Introduction:]

Introduction:

The world of cryptocurrency is so unpredictable and even so exciting where there's many groups of individuals and known entities called "whales" who hold large amounts of digital assets. These Big whales have the power to Increase the prices of BitcoinBTC and sometimes they play mind games or game of sentiments with short-term investors to liquidate them out of market, they use the power of their big asset along with the power of social media to generate panic situation for the sort investors due to this, they caught in the trap of FOMO.

Who Are Big Whales?

Actually, big whales are essentially big players in the market who are expert of playing game of sentiments with short investors to liquidate their assets by putting them in FUD (Fear, uncertainty, and Doubt) and FOMO (Fear of Missing Out) kind of situation. They're individuals or organizations that hold a big amount of a particular cryptocurrency like Bitcoin Because they own the big portions of the supply, their actions can impact the market to fluctuate the price of Bitcoin. Big-Whales often use their power to bring the unexpected sentiments which helps them to liquidate the short investors easily.

Game of Sentiments:

    Bitcoin big whales have that much power of playing with investor sentiments or their emotion where most of the time short investors get caught in the trap of FOMO and FUD influenced by the big whales. Big whales are aware very well of this game as the Bitcoin market is highly emotional, and short investors tend to follow the majority sentiments of market like what is going in the market. So, doing this seems to be very wrong step of short investors without DYOR. These are some steps big whales use to make their game successful;

•  Creating Hype: The main step of Big Whales is creating hype around a particular cryptocurrency like Bitcoin. We all know that this is the era of social media so they target the social media platforms like Twitter, Facebook, etc. and they also made some bold predictions about its future price to get success in the future and these kind of action helps to catch the short investors in the trap of sentiments. This kind of hype attracts the attention of small investors and they fell prey to FOMO and liquid themselves. Well, from this point market take the good position for the big whales again at low price.

•  Pumping Prices: After creating hype on different social media platforms and getting the attention of short investors, big whales start buying the Bitcoin in large quantities to set the market at their desire level. The fact Bitcoin relay on demand and supply, this increased the demand of the bitcoin price up, and small investors then realize their mistake to becoming the prey of FOMO and FUD. All left behind just repent they have to repent on their decision they took in hurry or being emotional.

•  FOMO (Fear Of Missing Out):  I also had this experience of becoming the prey of FOMO as I remember I was reading such news on the social media and I took my decision in hurry and took entry in market without DYOR and get caught in the trap of FOMO. Well, as the price of Bitcoin start to increase, fear of missing out (FOMO) starts to show its colors to short investors. They start buying into the hype and purchasing the cryptocurrency at higher prices due to hurry and undesired emotions and become thinking that they might not miss out on huge profits according to their goals and desires. I also have create whole thread on this Topic You can read also it here.....>>>>A Guide for Cryptocurrency Newbies for Overcoming FOMO

•  The Tipping Point: Once the price reaches a certain level or desired level according to the big whales, Then the Big whales start to unload their assets and exact number of accumulated holdings. This sudden sell-off in the market can trigger panic among small investors and this may cause them to sell their assets at lower prices to prevent from big losses.

Protecting Yourself from Whale Games:

Well big whales can be unbeatable players in the market who really fluctuate the market prices against short investors.

•  Research: Hmm, A well-known term in the field of cryptocurrency is used as DYOR (Do Your Own Research) which is well recommended for all time. So, always try to conduct research before investing or taking entry also the time of leaving the market as it will helps a lot the one who do DYOR to fell prey of unwanted traps set by the big whales. Don't rely solely on hype and predictions instead of that seek some guidance from expertise and reputable profiles on social media.

•  Long-Term Perspective: Just having think of short time profits always be a wrong choice doing this lead us to the FOMO. So, we need to Avoid this succumbing decision of short-term FOMO. Instead of that we should think for long-term and invest in market of bitcoin we believe in, rather than chasing a quick profit that may feel so unrealistic at most of times.

•  Bearish Sentiments of market: This is the interesting part of the game where big whales bring the market level down by using their power and borrow large amounts of a bitcoin asset to sell it short, creating an aura of negativity around it which helps them to liquidate the short investors. Then this is the best time for the big whales to enter in the market with big amount where they cover this short position at a down price, and make big profits.

Conclusion:

In conclusion, indeed big whales can play mind games or game of sentiments with short investors by manipulating their sentiments which put short investors in FOMO and FUD kind of situations. However, these are few ideas that short investors need to keep in mind for overcoming the big whales which are as follow; staying informed, having a long-term goal, DYOR etc. you can navigate the Bitcoin market with confidence and reduce the chances of getting prey to the FOMO and FUD. Always Remember, in the crypto world, knowledge is power, and strength emotions is key towards your goals.

[Coinbase]

hi there!

hope y'll doing fine today. Coinbase has obtain a major payment institution (MPI) license from Monetary Authority of Singapore (MPS), the firm announced on 1st october. Actually, coinbase is united state based cryptocurrency exchange which is also now approved in singapore from the central bank of country.

image source

Their main target to increase the digital payment token services using Bitcoin and alt tokens . Coinbase has also integrated Singapore digital services like Singpass, to simplifying onboarding. Moreover coinbase is also collaborating with major local blockchain firms, which includes nansen.ai, blockdaemon and infura to target its product like base blockchain and wallet-as-a-service.

News source

[How Bitcoin Can play its role to overcome the Financial Crises]

How Bitcoin Can play its role to overcome the Financial Crises

Introduction:

In this Topic, I will try my best to cover some advantages like how BTC playing its important role in the era of Financial Crises.
Financial crises can be giving hard times for economies, where plebs have to live hand to mouth but what the negative point here these people have lack of education About Bitcoin like their pro’s and con’s and leaving people and organizations in searching of their stability and safety. In this modern era of digital world, Bitcoin is putting an important effort as a game-changer, where most of the poor people getting help from Bitcoin during their financial crises. So, Let's try to explore Somehow Bitcoin is becoming a key player in these hard situations of financial crises.

Bitcoin's Special Feature as a decentralized Currency:

How BTC playing its role as a decentralized currency? Just Imagine if real money wasn't controlled by the government or any big organization of country this imagination relates very well with Bitcoin Currency. So, there is not control of any government or big institutions over Bitcoin currency, this is why Bitcoin known as decentralized and trusted currency which makes it a Good and trusted choice when traditional money is in risk. That is how both are different from each other.

You can also read this blog if you want to have more idea about decentralization and centralization and their pros and cons.

Centralization and decentralization


Safe and trusted Digital Asset:

Why People used to call Bitcoin In sense of "digital gold?" Because whenever regular money gets non-trustable like it drops its value, on the other hand Bitcoin can be a safe currency place to keep your funds in the form of asset. It's limited in supply, which makes it feel stable. It also makes it value depend on the market sentiments. Like people can set their goal in this field after adopting it. They just need to focus and set clear goals weather they want to enter in this field as trader of holder.

I suggest newbies when they enter in this field start from holding some assets and try to know different techniques from seniors. After that they should take positive action.

Easy way to Send Money Across Borders:

During financial crises, where plebs live hand to mouth from those, some of the people rely on money sent by their family members working in other countries and doing work in BTC and earn from it they are supporting their family members all across the border adopting transaction the form of cryptocurrency. Bitcoin is one of the great example for this because it's a quick and low-cost way to send money across borders, instead of traditional money although we know regular banks aren't working so well.

Easy to get access to the money services:

In some places, the regular money system isn't reliable so far as bitcoin. But even during the financial crises, people want to get access to basic money services easily. Bitcoin can help out through all the way for making transaction at low cost from here to there easily because all time availability on the internet and through smartphones makes it more important which making it easier for more people to get the financial help throughout the internet whenever they need help or support from their family members.

Blockchain technology Making Things Transparent and Honest:

We need to Know how blockchain making transection honest and transparent. So, let’s just Imagine if each of our financial transaction was recorded for everyone to see like where is money actually coming from and where it is going, and then no one could be able to make any changes in it after transaction has been done. That's what Bitcoin's technology or blockchain technology called. It helps keep things honest and transparent during financial crises, like making sure that relief money goes where it's supposed to which is thing very positive point. Like no one can do scam with your money until you make any false transaction from your side.


Easy way for securing you money:

When there's a financial crisis or thing get tough, people might want to move their funds somewhere safer so that they can feel relaxed and easy. Adopting Bitcoin and moves their fund into digital world makes it easy because it doesn't care about borders which mean everyone can move their fund into the bitcoin in the form of their secured assets. It lets you move your money quickly and privately where no one has any kind of hold on it due to its decentralization benefit. 

Conclusion:

Bitcoin is becoming one of the safest and important technique during financial crises in this modern era. It is helping to provide stability, honesty, and financial freedom to people funds where no other one has any access to their assets, even though Bitcoin also has some challenges like price fluctuation. So, it is obvious that Bitcoin is changing and getting most adoptable day by day like how we deal with financial crises in this time.
As we know how uncertain financial times around the world happening, we need to pay attention like how Bitcoin can help us to overcome in the financial crises and tough time. It's not all about making it a trend somehow, it's a big rotate that we all need to think about and adapt to by giving it time and having knowledge, spreading knowledge about it. So, what we need to do? We have to give our time to this field to overcome our financial crises. The key is that how much we give our time to this field we learn that much about it.

[A Guide for Cryptocurrency Newbies for Overcoming FOMO]

A Guide for Cryptocurrency Newbies for Overcoming FOMO

Introduction:
The cryptocurrency market is a thrilling space with the potential for significant gains, but it's also notorious for its extreme fluctuation. As beginners, it's easy to fall victim to the Fear of Missing Out (FOMO) phenomenon, making hurry decisions and emotional decisions that can lead to financial losses which is guess not good at all. In this article, we will explore strategies to help newcomers to overcome FOMO in cryptocurrency field and navigate them in cryptocurrency world with confidence. So, let’s get head to the topic.

Educate Yourself:
The first step in overcoming FOMO (Fear of missing out) in cryptocurrency field is to education yourself. Take the time to understand the fundamentals of blockchain technology like how cryptocurrencies really work, and the different types of coins and tokens available in the market. Knowledge is your most mighty weapon against your fear and uncertainty. You should have to know about the FA (Fundamental Analysis) and TA (Technical Analysis) for being in this field.

Set Clear Objectives:
Establish clear investment goals and a well-defined strategy like DCA (Doller-Cost Averaging). Determine how much you can afford to invest without impacting your financial stability like if you are able to invest 10$ to 100$ than its sound well for being in the market and set realistic profit and loss targets like what you’d like to see in your PNL. Having a plan in place will help you stay focused on your long-term objectives its sound Better when you are doing accumulation of you desired token or coin in cryptocurrency field.

Avoid Impulsive Decisions:
Cryptocurrency prices can be extremely volatile means the prices of the cryptocurrencies changes time to time, and it's easy to get caught up in the excitement of sudden price surges it also happen a lot of time when you are listing to the rumors surrounding on the social media Sometime these news are fake to liquidate the short investors. Remember that FOMO (Fear of missing Out)-driven decisions often lead to regret.

Diversify Your Portfolio:
Diversification is a risk management strategy which can help you to reduce the impact of volatility on your investments. Don't put all your funds into a single cryptocurrency; instead of that you should spread your investments across multiple assets like different Alt-coins but do it after deep research so that you can diversify your portfolio very well. In this way, you can reduce the risk associated with any single alt-coin's price fluctuations and increase your portfolio.

Practice Patience:
Cryptocurrency markets can be highly speculative and driven by hype and most Probably some hypes came from our social media which can be fake most of the time. The main key to avoid FOMO to remain patient and avoid making sudden or aggressive decisions based on emotions. Successful investors often hold their assets through market fluctuations because they do FA and TA before taking any action and believing in the long-term potential of their investments.

DCA (Use Dollar-Cost Averaging):
DCA (Dollar-cost averaging) involves investing a fixed amount of money at regular intervals, as I have aforementioned like you are investing 10$ to 100$ each week of month for the Adaption of DCA technique from the cash inflow you have each moth regularly. This strategy can help reduce the impact of price volatility because at the end of the day you will see your portfolio giving you good profit and you'll buy more when prices are low and less.

The main thing is that how you are adapting this technique having good decisions by doing some Good Research. So be active and stay patient to Avoid FOMO (Fear of missing out).

Don't Overextend Yourself:
Never invest more than you can afford to lose rather than newbie should learn first and invest very short amount to see how actually market behave and to know its sentiments as well. Cryptocurrency markets are known for their unpredictability, because there is no one who can time the market so accurately and it's essential to protect your financial well-being.

Seek Guidance:
This one is very important to stay in touch with some seniors but also DYOR (Do Your Own Research) before taking any action. If you're still unsure about navigating the cryptocurrency world like market sentiments and some kinda analysis. Consider seeking advice from experienced investors or financial professionals who can advice you but after that its Upto you how you take action on that but the thing which is highly recommended is the DYOR (Do Your Own Research) doing this it will bring a lot of knowledge to you. Joining online communities or forums can also provide valuable insights and support which also can help you to avoid some wrong Decisions.

Conclusion:
Overcoming FOMO in the cryptocurrency market is a Important step towards becoming a successful investor. By educating yourself and learning the sentiments of market, setting clear objectives, and practicing patience and stay discipline, you can make informed and good decisions that put you on the right way with your long-term goals. Remember that the cryptocurrency journey is a long-distance running race where no one have any exact idea because of its volatile and fluctuate behavior , calculated choices will ultimately lead you to more sustainable success.

hi there!

hope y'll having a good today. i was in confusion like if we delete any previous post from Account on which we have got some merits....Deleting that particular post will have any impact on our total of merits like will its reduce or still remain as same as before? I thought i should ask it to the community so that it will add up to my knowledge and Information. If Anyone of you know about this please do lemme know Many Thanks

Kind Regards

Snowpega