Bitcoin Forum
May 08, 2024, 10:57:57 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 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 ... 382 »
941  Economy / Trading Discussion / Re: exchanges for derivative trading on: July 16, 2023, 10:55:43 AM
Most of the exchanges are requiring verification now. This year alone, Bybit, Kucoin and OKX made KYC mandatory.
(....)
Most trusted centralized exchanges became KYC exchanges after all especially Bybit and Kucoin. So for me, doing KYC will force you to do so to continue trading with them because if you don't want you will end up using a decentralized exchange will take higher fees compared to these centralized exchanges.

For me, Kucoin and Bybit are good which is what I am using right now. If you want to use decentralized, you can use GMX which is already available on Arbitrum and Avalanche chains. I suggest do use the Arbitrum as they have higher TVL.
942  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - why no major pump? What to expect now? on: July 16, 2023, 10:50:32 AM
(....)
I will hold for now and buy more if we go lower but did expect more , what is everyone else thinking?
"Buy the rumor, sell the news." is already happened here. Some people already took profit on the first pump and I am not saying it's already late because, in most of these kinds of pumps, there is always a follow-up pump as long as the market is still not yet dumped. I believe on the following days, there will still be sideways and pump again, just like what happened on Bitcoin Cash (BCH) before it was listed on new wall street's cryptocurrency exchange.
943  Economy / Trading Discussion / Re: your opinion about the current fees on: July 16, 2023, 10:46:31 AM
Hello , we're  all seeing the rising fees when it comes for crypto payment , as an example : "buysellvouchers" got it's fees from 0.4% to 0.5% when buying , and if we include the network fees too, it starts to add up , so i'm here to ask about your opinion on the best crypto to use to get less fees and be optimal , is it bitcoin ? LTC, or simply usdt ? especially when trading big amounts ( i'm pointing the treatment speed and value ), thanks for your replies.
BSC is the cheapest and fastest at the same time L1 Blockchain project which fit on your preference. It has cheap transaction fee and fast transaction confirmation compared to the leading L1 blockchain project. The only disadvantage of this block chain is its centralized but you won’t be thinking that much if you are just a regular user making a normal transaction.

But if you want the most cheapest and fastest crypto then go for the side chains like Matic. It's value is continuously growing while it's speed and fee cost is better than most of the block chain available.
I am more convinced to use layer-2 networks these days as most of the platforms are already integrated on most layer-2 networks especially most defi platforms and even exchanges.
About the OP concerned, every platform got different fees so for me, checking first before doing a transaction is better, in USDT, there are already a lot of networks that support USDT on different network, which on some network you can save a lot of fees versus using Ethereum network.
944  Economy / Trading Discussion / Re: Trading as a newbie - advice? on: July 16, 2023, 10:43:01 AM
About the two books here, I am more sure about selecting the highest rating here in the store which is the second one (How to day trade for a Living)

I am amazed that there are still some people who are still able to learn via books compare to some video tutorials like youtube or any online video course.
I never experienced reading a physical book about trading, I wish I can do it in the future.
945  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Help to rescue on: July 16, 2023, 10:33:51 AM
I have DOT in my portfolio and it is down 79% as of today. The amount I've put there is quite big for me. The average buy price per DOT is 25.80USD. The price of DOT today is 5.38.
So the question is what are my options to rescue the money I've put into it? Is there anything I can do or I just wait?
I can relate to this. I was once also a holder of Polkadot (DOT) I even joined most of their para chain auction sale before.
I can also say that there are really no excuses if we are in the bear market, even with how quality cryptocurrency project is, when the bear market comes, it will be bloody.

My advice is you can hold because selling with that kind of loss, it's already huge. But we will not know when it will or how much price will it be if just in case we will be in bull market and peak on the market.
946  Economy / Gambling discussion / Re: When you feels like only draw is your win on Blackjack on: July 16, 2023, 10:16:55 AM
I decided to immediately stop my game since I knew that this will continue while my temper will be very bad in long run.
(....)
Pure luck! It's not your day.
It's just a good thing you stopped which will help you to calm down and not play with your emotion, never chase loss with your emotion is not stable.
Changing the table is a good act to reset some luck like this but then again, you already said it, and it's still not working. So try again on another day would be better.
947  Alternate cryptocurrencies / Altcoin Discussion / Re: How would you measure your success in Crypto currency on: July 15, 2023, 12:27:23 AM
Many said its absolutely a scam, pathetic and more. but crypto currency has favored to those who trusted on it, In terms of cross border payment, p2p and vice versa the domination of crypto is keep on increasing. In terms of investment people knew only Crude, stocks, bonds, stock market, gold etc...but this platform made a way ahead to make money harder and smarter, I know most of the government's are not favoring this but in upcoming years you will see the green signal for crypto as well. 
(....)
What I really notice about people is just misunderstanding. They misunderstand what really cryptocurrency is difficult to identify the scam.
They must think that the scam here are the people or platforms that use cryptocurrency for illegal activities, it's not the Bitcoin or cryptocurrency is a scam.
Because in fiat currency, there are also using fiat currency for criminal or illegal activities but fiat currency is not scam.
948  Economy / Exchanges / Re: Liquidity and Fees When Trading on: July 14, 2023, 11:54:40 PM
This is the first time I've come across this exchange name. I ran a quick search, and according to , Stormgain   has a 24 hour trading volume of $40,513,005.42, although not all the figures that are seen there can be trusted as most exchanges manipulate their trading volume in order to attract customers.
 (....)
Exactly. Even popular exchanges these days could be also manipulating their numbers, especially on volume so people will tell that they are good enough.
So for me, just to beat the odds, go for popular exchanges that is proven already by time, who is already here for the long time.

I don't say that these data from exchanges are not 100% legit, but there could be some of it. Remember, they provide it, there's no decentralized part or transparent that we can see 100% there trading data.
949  Alternate cryptocurrencies / Altcoin Discussion / Re: Digital Currency Security Requires Breakthrough Technology on: July 13, 2023, 12:56:41 AM
There are always cons and pros.
Because for example on Ethereum: they can solve the scalability of the network but risk the being decentralized of the network.

So for me, most of those claiming that they are decentralized cryptocurrency projects right are indeed not decentralized. There are a lot of projects like this. They thought that once they are already a cryptocurrency project, they already a decentralized which is really not.
950  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there a digital currency with higher security? on: July 13, 2023, 12:53:39 AM
(....)
How can we better identify them?  I hope everyone can make suggestions so that more people can learn from experience
You don't have to go that far on this one.

Buy Bitcoin, its network is secured and you don't have to wonder why people are always suggesting it to have. It's simple because it's the top and if you're looking for a security, check its history.
Nothing wrong with altcoins, I believe. It's just a simple high risk: high reward.
That's why people are very tempted to invest in random altcoins rather than Bitcoin because of the reward, which this reward is extremely high, there are a lot of altcoins that can be examples of this.

what @hugeblack said above me is a good strategy when investing in altcoins, identify the risks of each altcoin you want to invest and allocate a specific amount for that, don't go all in.
951  Economy / Trading Discussion / Re: The price dropping, any reason the huge dump? on: July 13, 2023, 12:49:15 AM
Update now: We are already in the middle of the month of July and the price of Bitcoin is still above $30,000.
For me, Bitcoin is already started to create strong support at the $30,000 price and another thing is $30,000 is psychological support which as you can see recently, this month. Every time we drop below $30,000, it just keeps bouncing.

Let's wait for the monthly close candle, I will be bullish once Bitcoin will stay above $30,000.
952  Bitcoin / Bitcoin Discussion / Re: My story about bitcoin and my old friend. on: July 13, 2023, 12:45:56 AM
(.....)
Do you have the same story, I mean a close person, relative or friend who used to dislike bitcoin, and they became regretful after seeing a significant change after meeting again.
Same experience as you that you met again a person got regrets, I don't have any experience with that.
But a person who hates Bitcoin before and for sure regrets it but in silence, like they didn't talk it to me again about Bitcoin.

For me, people who are telling negative things about Bitcoin must first do research and have their basis for why they hate Bitcoin, it's like accusing a person for some crime without evidence.
953  Bitcoin / Bitcoin Discussion / Re: If bitcoin according to Satoshi is digital money then why call it investment. on: July 13, 2023, 12:38:55 AM
(....)
Gold and other minerals awere even used before as a mode of payment when currencies were not yet used as a system of payment. And same thing goes with Bitcoin.
(...)
Exactly, Bitcoin is the best example of Gold in the early days when gold before in intended as used for payment and later on become an investment.
Gold became an investment for most people because what they know is the gold price just keeps increasing.
Then now, it's the same thing happening with Bitcoin. That's why I can say we are still in early days on Bitcoin same before with Gold.
954  Alternate cryptocurrencies / Altcoin Discussion / Re: 32nd Binance Launchpad Project Arkham on: July 12, 2023, 02:09:07 AM
Before launch they first introduced their sign up options for their waitlist, and mostly people joined it and mostly people are thinking that they will get the airdrop from their sign up , that's why its gain a hype after just announcening it that it has a launchpad on binance exchange as well.
I missed the airdrop, lol. Even though I already signed up before, I just didn't get any invites.

Another thing, there was some issue that spreading about Arkham, some are saying that Arkham is a project of the CIA to have surveillance on people.
And the issue also that Arkham is just collecting every person's personal information like email, name, IP, and device info because that's indeed what is on their terms of service.

Overall, I'm not a hater of this project, it's a great project for on-chain analysis and an all-in-one wallet scanner. The only thing I don't like is the way they collect some personal information.
955  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: July 12, 2023, 02:01:57 AM
(...)
So having made all this comparisons, do you think that bitcoin can be classified as gambling?
This is an already aged discussion which really at first, it's quite confusing for some people.
There are lot of kinds of gambling which for me gambling really acquired huge percentage on "luck" some could be skills (depends on what gambling)
While on trading, I can see the huge percentage here is skills and somehow on the other part, there's luck here but a very small percentage.

So for me, trading and gambling are far different from each other. Because trading is not only for luck.
956  Bitcoin / Bitcoin Discussion / Re: Bitcoin: risk nothing, you're risking more on: July 12, 2023, 01:57:21 AM
(.....)
(.....)

You came in 2018 but didnt invest, and you feel so bad about it, how about those who become in 2015 and also did not invest? Will they kill themselves? Of course not, that will be the most foolish decision, leave what is behind and focus on the present and what is in the future, those are what's important.
True, OP must not be disappointed because he/she is not the only one who experienced this and additional. OP must always remember that no one knows what will happen in the future. Everything happens for a reason.
And I also believe if OP missed this kind of opportunity, I believe after that, it's already a lesson and they already took some opportunity after that.
957  Economy / Trading Discussion / Re: Which is better to invest in copy trading or bot on: July 12, 2023, 01:53:32 AM
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
No form is safe, if you have invested you have to accept the risk. It is important that you allocate the most reasonable capital
This is already given, using a trading bot seems more technical and you can also find it difficult to make it run, it depends.
While on copy trading, you click 1 button and let the master trader do the job.
And both got difference advantages and disadvantages and I can only see the disadvantage of copy trader is the fee you are paying, which is extremely high that fee is only for profitable traders and if a trade is lost, you lost more than you earn, something like that,
958  Bitcoin / Bitcoin Discussion / Re: Former SEC Chair Says Bitcoin ETF Should be Approved on: July 11, 2023, 02:08:33 AM
It was a mistake for me to dismiss when someone created a thread about BlackRock's ETF filing. I thought it was the mainstream news media running out of stories about crypto. It was really BlackRock starting the real ETF storyline hehehe. Did anyone also notice Forbes magazine has suddenly become supportive for bitcoin?
(....)
Kinda bandwagon but I believe since they are media companies, for what is a trend, they are there because that's what is their job is, they need to get attention of the people and right now, this is kinda trending on the cryptocurrency market and here they are, praising bitcoin.
959  Bitcoin / Bitcoin Discussion / Re: Motivating gambling addicts to invest in bitcoins. on: July 11, 2023, 02:05:19 AM
Take note also that there lot of gambling that use Bitcoin to gamble  Cheesy (I can relate) but some of these people we can't call gambling addicts.

To be honest, this good idea, if they bought Bitcoin to use it for gambling, they should just keep it and not touch or use it for gambling. It's kinda related to saving fiat currency and not touching it or use for gambling.
960  Bitcoin / Bitcoin Discussion / Re: Positive thoughts and attitude towards Bitcoin. on: July 11, 2023, 01:08:15 AM
(....)
Quote
When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Everything has its risks including investing in Bitcoin, you just need to control your emotions, and don't panic easily when the price starts to fall. For the rest, you should be able to store bitcoins in the safest wallet, never store all bitcoins on an exchange because this is not very good. if you have fulfilled this I think the risk will be even smaller.
Let's just hope that OP is storing their Bitcoin in a safe place which is a personal wallet and out of the exchanges because recently, there are a lot of incidents happening to most cryptocurrency exchanges, you could lose your investment here.

I can relate with OP because the money you invested in Bitcoin is your own, it's from your hard work and grind. Because people like these will value their money and they will be careful.

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 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 ... 382 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!