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Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.
Yep, this is normal and the majority of us for sure experienced it not only you but of me, yes. I also tried to calculate the value of my Bitcoin if they still have it now. We have many mistakes from the past but it became a lesson, especially when I converted my Bitcoin before to random altcoins. |
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The combination of these fundamental factors has led to the rise in value of Bitcoin. Also distribution limits and mainstreaming means that Bitcoin's supply mechanism affects the mainstream price on the upside.
This is the most awaited time for me, after a long bear market we experienced, it will be worth everything. I believe the demand, especially from retail investors, will drive the price of Bitcoin crazy and I believe media and demand will combine and we will see the reaction of the price of Bitcoin. |
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I'm going for number 1 this time but number 2 and number 3 are for the long term.
We all know the Bitcoin block halving is fast approaching and past actions of every block halving we experience a pump on Bitcoin before the event not during or after.
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Will the DXY guaranteed that will always pump if the interest rate also goes up? I'm curious about it.
From what I can see especially pooya87's post above, it just clearly showing it reverse correlate in interest rate but at the same time, we can also see DXY is pumping when interest rate pumps too.
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I can really relate here. I remember my early days in the cryptocurrency market. I exchanged my Bitcoins to these random altcoins, which instead of just taking profits from my Bitcoin profits or just hold it only for Bitcoin, I should've become more profitable instead and not losing a lot.
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What are your thoughts on this? Are you holding any native tokens that may boom?
For me YES. And what we are waiting for them are bull run, there's no way for me these native coins/tokens of exchange will go boom in just normal days of the market. Another thing I am concerned about lately is the issue about SEC and Binance, because this will affect all the coins/tokens of exchanges not only Binance, Binance is the biggest number 1 right now in terms of exchange token. |
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Why would they wanna do another round 3 airdrop?
My thought is no more airdrop. If you wanna use the optimism network, use it without expecting any airdrop.
Yep because just in case if they will have another airdrop for sure that most of people that will receive the airdrop are the most users who are really using the network, like active users with a huge volume that is being circulating in the chain, like per transaction or by volume. |
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In my country, there are strict rules against local banks not getting involved in cryptocurrency transactions which simply means that the government has banned all cryptocurrency transactions though local banks but yet people still think bitcoin isn't banned.
I think what we have in some countries is just like this, and people are just overreacting. When banks do this, they think that Bitcoin is already totally banned like you don't have any rights to own Bitcoin at all. Because there are a lot of ways of owning a Bitcoin. |
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I was going through coinmarketcap today to see some of the cryptocurrencies I was involved in when I started, I was so surprised to see that a lot of them have even been delisted.
(....)
This is why now, I always have my heart back to Bitcoin. I admit that before, I was lured to some altcoins most are shitcoins. It was just sad because some of my funds that purchased of these random altcoins is came from Bitcoin, so if I just held, I could have more Bitcoin instead than losses. |
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Even though BTC is banned in my region, I've found a community of crypto enthusiasts on this forum, sharing and gathering information. I strongly believe that crypto will someday be accepted worldwide.
Can you please try to elaborate when you say Bitcoin is banned in your region? It is not allowed to own Bitcoin or not allowed to buy it locally from your region? Crypto or Bitcoin is not a tool to evade tax. You will need to pay the tax on it no matter what but it is not our practice because the tax department won't know that you own it unless you've declared it to them. Since crypto got famous in our country our tax department keeps announcing that we should go to their office and declare our crypto holdings so that they can calculate how much tax we are paying. But people don't declare instead they keep quiet. But that doesn't mean that you'll use crypto just to evade tax.
I agree with this especially since you are from the U.S. even if you own Bitcoin and sell for fiat, you really need to pay taxes for it. For me, there's nothing wrong about it because it is also another way to for scammers or hackers to avoid using Bitcoin for any illegal things because they could abuse it especially if there's no tax at all on it. |
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I really don't understand how you can use AI to trade Bitcoin.
Maybe AI will just help you to create your own bot that automates trading, like creating some pine script which is the programming language of Tradingview and from there you can add some way to automate it from exchange to make some trades.
And maybe AI will just help you to improve your decision making to make trades.
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Affiliates and YouTubing is totally fine! Yes, you might be making money trading, but do you know what's better? Making money by trading AND making money through affiliates and YouTube revenue. As long as you do affiliate marketing and YouTubing in a moral and ethical manner.
As for pump and dumpers and people doing fake TA, fuck them.
True! Most problems I encounter are the way they shill some altcoins, it's because they are being paid by these random shitcoins just to shill it from their social media, youtube channels, etc. And some worst influencers are not disclosing if the one that they are talking is sponsored or paid. Some are also telling that it's their own pick. |
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That's why I don't trust any random exchanges, especially exchanges that are not reputable ones.
Also, some exchange accidents can be caused by some insiders or they are the ones who steal customers' money, we don't know.
It's just sad because Hong Kong started to gain some exposure to cryptocurrency, but this happened.
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Cryptocurrency coin for Reddit? I don't think so. Reddit doesn't need it at all or even any social media platform.
I am already good about integrating to their platform cryptocurrency like can send any cryptocurrency especially Bitcoin from their platform, some feature like tip that uses cryptocurrency is already good for me, no need to create their own coin.
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No doubt why Solana is the biggest loser after the FTX Exchange collapse. Because FTX Exchange really owned a lot.
And we also witness how FTX Exchange shill Solana before, FTX Exchange acting Solana is their own chain network like BNB of Binance, although it is not really direct compared to other exchange that has their own chain network.
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Well in the Philippines, government doesn't really have any restrictions about Bitcoin since there's a lot more of issues that they need to solve first than Bitcoin. Since Bitcoins is not that popular to the people here especially the adults one which they are not involved in crypto thinking its a fraud or a scam. Mostly the people who's involved are the new generation one due to they are influenced by the media and in the internet. Last time I've heard government concerning about crypto is about NFT game axie where they are trying to put taxes but they cannot since it's decentralized.
Additionally, from what I also witness and experience, there are a lot of scammers from the Philippines that use the name Bitcoin to take advantage of some people who don't have yet any experience. For some people, when they hear "Bitcoin" they think it is easy money, easy life. So a lot of people using Bitcoin to attract people to their Ponzi scheme or High-Yield-Investment-Program (HYIP) which is really scam. |
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For me, what I tried is 20% - 30% because I have a lot of expenses in real life so what money I am investing in Bitcoin is like some leftover because I know if you want to be profitable in Bitcoin, you really need to sacrifice for long time because no one knows the future of Bitcoin, no one knows when to pump or dump.
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I partly agree with the title because it's really different when you put hard-earned money into some thing, especially this Bitcoin. Your learning will be advanced, you will be more severe about learning and when it comes to Bitcoin.
I also suggest like start with small amount first like an amount you are willing to lose because we all know how risky Bitcoin is and how the price of it fluctuate.
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I'm curious how this mistake is being made.
It is something related if you send a Bitcoin or do some transaction then you can update how many satoshi/byte you will use?
Bitcoin wallets must have some special feature that this incident will be prevented, it is huge money.
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What advice is worth passing out to people who have lost their Bitcoin more than once and are on the hedge of giving up?
Give straight-to-the-point advice. They must learn first the basic security of the internet, like identifying scams or hacks. Basic security, I believe every one of us can learn that. Because even how much money you have and you can't protect it even in basic safety precaution, it will be not safe. |
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