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2161  Bitcoin / Bitcoin Discussion / Re: How Whales Store Their BTC on: August 04, 2022, 12:47:45 PM
I believe they are not storing their funds in just one basket, having multiple wallets is a big help here, especially if you are whales and popular or well known in cryptocurrency.
Additional thing is they have other security precautions besides storing their Bitcoin or other way how their Bitcoins are safe beside storing it on some wallets.
2162  Bitcoin / Bitcoin Discussion / Re: What will happen to BTC if China attack on Taiwan? on: August 04, 2022, 12:29:43 PM
As Taiwan is a China Territory. As Russia attack on Ukraine it effects the BTC mostly. My question is that how many others coin will affected if above said thing goes straight.
For me, it will become less effects on the Bitcoin market or other markets compared with what happened before.
I don't see any other reasons why Bitcoin will get affected by conflict with China and Taiwan now even China will attack Taiwan. Even though we all know China is a big country but these kinds of issues will become normal if not that really big or huge and the Bitcoin market will not be affected at all.
2163  Economy / Trading Discussion / Re: Little tip discovered for instant exchanges on: August 04, 2022, 12:21:34 PM
Solana!  Cheesy
Eveytime I see that name, it petrifies me. Just yesterday, there was another saga about the blockchain not forgetting its outages. I am not sure if I should personally consider it one of the top blockchain projects anymore

It has its fair share of problems(outages due to being spammed to death), but the first article was false. No post mortem for now, but it's highly likely to be because of Slope wallet. Pretty much a wallet exploit, which can happen to literally any other blockchain.
If we are just talking about some instant or cheap fees and fast transactions and forgot about what recently happened with Slope or Solana hack then Solana for me is a good choice or alternative.
There are already lot of platform on Solana that you can exchange different tokens to one another in just few clicks with small transaction fees and fast confirmation.
2164  Economy / Trading Discussion / Re: Don't sit on your hands on: August 04, 2022, 12:13:10 PM
Quote
Quote
instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto.

Question: the person.
What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....?
The answer: simple.
Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin.

From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments.
Now that the price of Bitcoin is still low for anyone to buy and hold before it will hit $100,000 soon, because I don't think the price will decrease more than $19,000 before it will move higher in the market.
(.....)
We'll never know. Bitcoin has already proven even how dipped we are, there's still more dip, it's really unpredictable, that's how the market works especially in the cryptocurrency market where volatility is high. To be honest, there's still a huge chance it will drop below $19,000 because, in just the last few months, we experienced to drop of around $17,000 in just a short period of time, so everything is possible anytime.
2165  Alternate cryptocurrencies / Altcoin Discussion / Re: how much would someone need in Crypto this bear run to become a millionaire? on: August 03, 2022, 03:30:50 AM
(.....)
What are your stacks like? Goals? Any thoughts?
For me, it's not about how much or it's not about the size. Another way how to become a millionaire, it's not easy. You may need to gamble here, high risk high reward. There is some project with a still low market cap or new projects that are not yet pumped but you need to be careful and accept the risk here. One of the example before about meme coins where most of them are shitcoins and no use but when they pumped, too much and lot of people earned huge profits.
2166  Economy / Speculation / Re: Bitcoin 2017 : 20,000$ - Bitcoin 2022 : 20,000$ on: August 03, 2022, 01:49:20 AM
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
Bitcoin stayed above $20,000 when the month of July closed, I'm very happy and positive about that, and for the month of August I am still bullish.
Resistance is $30,000 and support is still $20,000.
This is just showing how the peak of 2017 is a strong support right now.
2167  Alternate cryptocurrencies / Speculation (Altcoins) / Re: USDT PRICES IN THE MARKET. on: August 03, 2022, 01:44:31 AM
The trust of people is still in USDT, market capitalization is the proof. What I also observed is when there is a high volatility on Bitcoin/Ethereum this is the time the price of stablecoins such as USDT/USDC is affected, and they fluctuate too. So for me, I'm still comfortable using USDT.
2168  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: August 03, 2022, 01:36:27 AM
I heard some stories, and a lot of them which most of them are in regret because they sold most of the Bitcoins that were earned in the early days in very early, it's just sad for them. But overall, they are not losers at all, they sold it with profits. This is one of the best examples of how the strong hands holder is really lucky.
2169  Alternate cryptocurrencies / Altcoin Discussion / Re: So we've gone from 1 meme coin to one hundred now ? on: August 03, 2022, 12:56:27 AM
If you noticed before when Shiba Inu started, after that there are a lot of meme coins popped and for most of the chain or network, there is/are different meme coins just like on Solana which is SAMOYED coin, and more. A lot of people make a good profit just by buying random meme coins before and also a lot of people lost money because they are already late to the party.
2170  Economy / Trading Discussion / Re: Prompt safe staking with good APY on: August 03, 2022, 12:52:07 AM
Good afternoon, everyone, no matter how I tried to find entertainment for myself in this market, I can’t do anything, I even started trading with leverage, etc. I lost a lot of money in such a bear market and I want to calm down a little,
(....)
You must know how to earn profits even if it is a bear market. There is a short trading position if you know it, it is on futures trading and you can use leverage.
If you are also looking for some good APY on staking and if you want it to be less volatile, you can try to use stablecoins taking like on different exchanges or decentralized platforms, try binance, bybit, ftx, crypto.com, etc for centralized exchange, and for decentralized platforms, you can try on Ethereum network, some defi platform or Solana platform.
2171  Economy / Trading Discussion / Re: How diversified are you with your investment, crypto aside? on: August 03, 2022, 12:34:09 AM
Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?
(......)
Another thing is you must look at local investment, like owning some properties or land which is another way to avoid inflations if you are afraid to go all in with cryptocurrencies.
And another thing there are already a lot of tokenized assets now, even stocks, gold, silver, etc., you can own them just using cryptocurrencies and it is a good thing also as diversified.
2172  Economy / Trading Discussion / Re: Can Day Trading be profitable in Crypto ? on: August 03, 2022, 12:03:02 AM
Day trading is profitable or any form or way how to trade, you just must train yourself to be a good trader, like you have risk management, have good emotions and you will be a good trader.
You must train yourself first at the start, you will identify where is your forte, if you are dedicated to day trading then it's for you. Learn the basics first.
2173  Economy / Trading Discussion / Re: Good idea how to make profit on: July 29, 2022, 12:37:11 AM
So if grayscale is one of tge biggest whale they know when and how market moves.
Then lets collect money and pay them and other big whales to give us correct info
(.......)
Very difficult and impossible to happen. If it's true that they are the biggest whale, they are also having difficulties running their funds, yes they can have a huge effect on the market, especially since their size is huge but what do you want to pay them just to give info which is likely become a signal? It's a no for sure, they will not allow it even how much you pay. That's not how the market works.
2174  Bitcoin / Bitcoin Discussion / Re: If Satoshi is not dead, what is he doing? on: July 29, 2022, 12:30:05 AM
Another thing is if Satoshi Nakamoto is still around, he/she could be still active on this forum for sure.
And another thing is if ever he still around, he/she probably already be on watch on other entity especially government that he/she is probably Satoshi Nakamoto, we will never know.
2175  Bitcoin / Bitcoin Discussion / Re: Most BTC you've spent on something? on: July 29, 2022, 12:24:24 AM
I spent some amount of Bitcoin before on an online game. It's on Steam, funding my steam wallet and using it to buy some in-game items on Dota 2. I think it was around 2017-2018, that time Steam had another mode of payment for Bitcoin but after a while, they stop accepting Bitcoin because of volatility and high transaction fees before.
2176  Bitcoin / Bitcoin Discussion / Re: There will be 1 billion crypto users by 2030 - research on: July 29, 2022, 12:19:26 AM
indeed as time goes by more and more people will look to crypto because there are indeed many factors that make them look to crypto, including the economic crisis and so on. and of course over time there will be more people who are interested in crypto.
Yeah, for me it is impossible that the adoption will decrease because there are already a lot of things that cryptocurrency solves, especially in our day-to-day finance.
It is just showing now that we are still very early on the cryptocurrency adoption, there will be more upcoming innovations, especially on Bitcoin.

2177  Other / Archival / Re: Bitcoin is King on: July 29, 2022, 12:10:18 AM
This is one of the many reasons why I trusted Bitcoin and the risk is very low if you put your money into Bitcoin compared to other altcoins.
Altcoins seem to be only hype over time, this infographic shows how Bitcoin is being the number since day 1.
There are a lot of altcoins that tried to beat Bitcoin to be the highest market cap but failed. I am surprised why XRP is on the top since before I believe Ethereum must be the second after Bitcoin.
2178  Economy / Speculation / Re: Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes on: July 26, 2022, 03:12:08 AM
I don't see any valid reason why we can use as an indicator "how many percent bitcoin declared dead".
For me, this is normal to hear different opinions about Bitcoin being dead after how many times it is dumping. Overall, it's still on the price of Bitcoin why people telling Bitcoin is dead. Pure speculation.
2179  Economy / Trading Discussion / Re: How to raise funding for trading? on: July 26, 2022, 02:56:45 AM
This seems to be risky if you are an individual trader and try to use other people's money to trade.
To be honest, even though you will say how good you are in trading, it's still not 100%, so it is very risky. Especially if you borrow some money with interest and you use that money to trade. But if you are a risk taker, you can always do it. But always a good solution is to have a backup plan just in case something worst will happen along the way.
2180  Economy / Trading Discussion / Re: What do you guys think is the best crypto signals group on Telegram? on: July 26, 2022, 02:52:24 AM
What do you guys think is the best crypto signals group on Telegram?
There are some that are legit, there are some that are just scams.
I experienced some groups before, they cannot always be 100% guaranteed, so you should not risk them all.
There is also some group that is copying some signals to other groups which are really dumb, you subscribe to 1 group just to get different signals from other groups, this is somehow risky too because in the first place they are not the one who provides it.
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