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That's because there's a lot of people in this crypto space and there are people that always sells bitcoins everyday so there's always times when bitcoin goes down as those that was sold are reintroduced to the current supply and with high supply, it could equate to lower demands.
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To be successful in all fields, you need an effective investment strategy. Can someone help me find out the best Bitcoin investment strategy? I still have an emotional, indecisive and difficult to succeed. I often depend on market luck. I feel that I do not have the right investment strategy.
Learn to control those emotions, you don't need to be that devoid of them to be successful in trading, remember that things really get heated when things aren't going your way. Also, remove your reliance on luck because you're going to lose money and miss opportunities because you think it's unlucky. |
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If you want something fairly risky, you can probably buy some NFT like the profile picture NFTs like SFTD, Bored Apes, Pudgy Penguins, Immortalz and many other in Opensea. You have to be careful though, there are a lot of scammers in Opensea so keep your eyes peeled for too good to be true prices for some hot NFTs. If you don't want to go that route, you can probably buy some top coins with bitcoin getting a large percentage of that 10k USD and ethereum at the second.
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I must say that it was no the best time for El Salvador to buy these 200 BTC. I am somehow sure that they have bought it for a much higher price than Bitcoin cost on September 8 2021. And after seeing such price decline, peoples believe in Bitcoin might be wrong.
And the number of 200 BTC seems small to me, in comparison to a whole country. Only 200 BTC, that is just a 10-15min trading volume on Binance exchange for example.
Nope, every time is the best time to buy bitcoin, I mean they can't do a waiting game, it's already expensive to buy one so risking it to go up again would be the wrong thing to do. Better to get in when you have nothing rather than waiting when you have nothing. I say that their decision to buy now is a good decision plus it's probably a long-term investment so it's not a problem that they're buying right now. |
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That's a good news to be honest and it's Brazil that they're doing this so I don't think that it's a big deal for the crypto community. Hopefully, they will be able to make this kind of integration in other countries that they're also operating in because that's just stupid if you're doing it in only one country.
They will probably go to that point someday, probably it's just that their Brazilian market is just so big that they have to make something there to increase their profit and here we are, they're integrating bitcoin in their systems. |
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They're definitely cracking down but much more subtle so we don't know it or we second guess what they're doing. What they're doing is to care for their interests, we may see it as selfish but they think ahead with those crackdowns and they want to keep the party alive as much as possible.
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Being too cocky and thinking that trading is an easy thing to do and that there's no way that you can probably fail from doing it just because you follow the principal of buying low and selling high.
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at the end of the day, it takes a different kind of person to trade than to invest. Investing can be, in a way, done by anyone, and trading, as we can witness, is not something any person can do. I am saying this because there needs to be more education for newbies regarding trading and they should not go all in before they gain some experience.
So in your conclusion, it's a matter of who are we talking about because no same people have a verisimilitude characteristics and behavior, there's always and will be a minute difference albeit some will be invisible to the eye. For me, they first need to learn all the basics of trading before jumping right into it, it's like going to war without knowing how to use a gun. |
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The investment strategy is important to make a profit from the investment to trade if you want to make a profit by trading here you have to be tactful. Understand the market trends before investing the investor has to properly analyze the financial data of the organization concerned if you do not do it properly the risk of financial loss is high. This is why it is important to be mentally prepared and to plan through research by controlling your mind even then it is better to get down quickly even with a small investment.
That's an obvious thing to say, of course a strategy is going to help you in any kind of things that you're doing because it's making you money. Most of the advice that you gave is a mandatory thing for someone to have because no way that you're going to make a profit if you're not good in at least one of those advice. |
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I don't get how people fall for this trap, it's obviously a Ponzi scheme, how come they don't see that? I just hope that more people get educated about this because apparently it's not enough since there's still people that's getting scammed by this people. And we also need the government to step up their game in terms of making the lives of their denizens better because poverty breeds desperation and that's what a con man wants because desperate people are easy target.
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That's a sad and devastating thing to happen, I hope that you will be able to find a way to solve the problem OP because having your tokens taken as hostage is probably the worst thing that can happen to anyone especially if the token has some potential and the creators want to profit themselves when the prices go up.
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I have read that President Bukele pointed out that the Chivo wallet and ATMs will not generate payment of fees or commissions for the transactions that users carry out in the same way to the businesses that use these instruments such as the Chivo Wallet, ATM and points of sale. The government is doing well, they are investing in their infrastructure to make it easier for residents to use bitcoin in their economy. IMO, the ROI through remittances when using this new system will be covering the expenses. https://www.criptonoticias.com/comunidad/adopcion/bukele-revela-como-funcionara-chivo-wallet-salvadorena-bitcoin/amp/Well, how will these take profit then if they won't be taking any commissions? Are they like a state owned so they can be subsidized by taxes? Or there's some sort of transaction fees in there? |
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Yes it's totally worth it, remember that you need to keep all your crypto assets safe as much as possible so I think that you have no other way besides the fact that you have to go for it because if you have a growing number of assets in your possession, storing them online is the worst thing that you can do because, not only you're endangering your assets from being stolen by attacks that's prevalent on this types of storage sites. Remember these phrase: "Not your keys, not your coins."
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Michael Saylor just made a lot of people jump the bandwagon and artificially pump the prices. Remember that 30 dollars is a a lot of money if you were to combine all of those people who really did give in to what Saylor had tweeted.
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That's because it's worth more and they can easily move it out of the country given how low the value of a ruble is. I think the oligarchs want some ticket for themselves as a way out, that's why we see them wanting crypto as an investment.
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I don't exactly know how they're going to benefit from making bitcoin a legal tender in their country but I don't think that Serbia is the likely one that's going to accept bitcoin as a legal currency.
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Plant is trying to sell the fight that is why he is trash talking. His fight with Canelo is going up against a stacked UFC card so they need all the hype they can get. Plant isn't really a household name so it will be harder to convince people to buy this fight instead of the UFC event.
Like any other drama that famous people gets in, this is probably like any other kind of that drama, to make more money because with this as you've said will sell more tickets. But given that a lot are still excited about this fight, I think that they're still going to garner a lot of audience. |
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For me personally, it's like privacy I guess, and should not be talked about to people around, because they might think I'm a gambling addict, which when I'm not, I'm just filling my spare time. But I don't limit the place when gambling or opening an online casino site, fortunately.. people around me are not too curious about what I'm doing, they just think it's like a game.
More than privacy, if there are children in your care then it's your responsibility that they're not exposed to this kind of stuff because those people that are responsible for children are the first line of defense to prevent from being introduced from this at an early age. |
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maybe they are tired also of answering the same case violated by players and that is " Using Multiple accounts"  or maybe they are looking for another invented reason and this time is more reasonable not like that first used in which they are proven as liar but believe me , there is nothing you can do because all that who has this same claim from the start never get back their winnings , some had claimed their deposit funds only. Why would they be tired answering to those things, they're getting accused and they dare to not answer to every accusations is a fishy move that you shouldn't do. |
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Learn the basics/fundamentals first, practice your way to trading to gain experience in the field through paper trading, take your time when it comes to learning and gaining experience with trading because you need all the knowledge and experience you can get when you get into the real deal.
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