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See what the community has to say about the project you're considering. In community, they have profound wisdom in many aspects.
To invest in a project requires looking at the chart, looking at the roadmap, the white paper, the backing and support of the community. It is important for long-term and short-term profit goals that you anticipate market trends and the use case for the project you are working on.
There are a lot of people who got rich buying altcoins during the downtrend from 2018 to 2019. They did it because they have a good long-term vision.
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Currently, developed countries are interested in energy issues and energy use. They have a preference for renewable energy. The research and application of renewable energy is becoming more frequent. Wind power, solar power, electric cars, tides are things that are being talked about a lot.
In Germany, there is a road installed with solar panels.
Policies of countries to promote renewable energy. In many developed countries, there is a policy to buy back electricity at a higher price than electricity from fossil energy sources. I believe renewable energy is the future of the world, but we also need to acknowledge the important role of fossil energy such as oil, gas, coal... in the marine industry, metallurgy industry, chemistry...
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Each NFT on the site has a minimum auction cost of 0.5BNB which is quite high. The background colors of the NFTs are quite dark and not vibrant.
NFTs should be created by people and put ideas into them. I don't like how BNBpunk generates 10,000 NFTs by AI. It's more like created for money.
Art must develop by people and serve people.
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I was incredibly disappointed with EOS because they didn't deliver what they had promised. As we all know, ETH is slow and expensive and EOS supposed to be fast and cheap. After all the hassle with setting wallet and staking CPU & RAM (which is a nightmare for onboarding new users), the network was congested with some stupid airdrop. And then the "split" happen with WAX, etc., thus I sold all my EOS and never look back. Nowadays, it's easier and comparatively cheap to use BSC.
I'm really annoyed about having to create an EOS wallet to hold my tokens and buy some EOS to activate the wallet. It is quite troublesome and time-consuming for new users like you said. The EOS network can be very heavy and requires a supercomputer to run this blockchain. Aside from its history of value and manipulation by traders, EOS cannot attract new users with such a nasty initial approach. |
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I love your idea. The Ring and Sauron are one.  |
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After Bitcoin dropped to $43,000, the president of El Salvador continued to buy 150 Bitcoins. I admire this president and this country. Because: The first country to swing Bitcoin to the top after buying and the President to buy at the bottom of the most skillful Bitcoin ever known.  He deserves 100 points right now if he uses a Bitcointalk account. |
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- Is holding btc too long (HODL) a significant achievement?
You are similar to the guy above. A person who takes advantage of an opportunity to trade. I understand the feeling of taking money out of an investment and enjoying the profits. It's sweet and comforting. I know people who have thousands of Bitcoins. He lives a simple life, doesn't drink, doesn't smoke, has no romantic relationships with women, and lives on a monthly minimum of about $300. I really admire his mindset and regret the pleasures he doesn't enjoy. - What does it mean that the price of bitcoin has reached 100k or 1m, while your expectations are not limited to those prices?
Human greed is very unpredictable. Even Newton swings to the top of stocks selling at a high price and buying at a higher price in the hope of greater profits. - What advantages of bitcoin do you feel so far when you never spend any or use it?
For many people, transaction costs are greater than cryptocurrencies that hold them back. They will convert to other altcoins and pay to reduce costs. That's pretty cool too. Sometimes a little transaction fee but doing it many times is enough to erode our wallet.[/list][/list][/list] |
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Will we sell out of Bitcoin one day?
Yes, and I did several times. Not all are holding anyway as that was their choice nor I should have to hold forever but something to enjoy while I could still use it to buy stuff. Maybe you are right that if everyone will hold it makes the price of Bitcoin dump but this had never happened in real life because not all are holding. Buying and selling is the nature of this market, might these people buy now and possibly sell it by tomorrow, that can be happening depending on their decision and the reason why they are here in crypto. Bitcoin is interesting because it is both a currency and can be an investment. I really like the way you act. If we considered Bitcoin as a commodity like any other, we would be mere profit seekers. As long as I'm involved with bitcoin, I just want to enjoy the beauty and comfort of life as long as I'm involved with bitcoin while I still have it.
I mean I always take advantage of bitcoin's rise when it hits highs to sell some of the profits to buy or manifest what I want and facilitate the life I really need so I can have it, and most likely if I wasn't involved with bitcoin I wouldn't be can make it happen.
So I don't fully hold my holdings for long term because I want to really enjoy and feel the benefits for my happy life with my family it's all because of bitcoin.
You are similar to the guy above. A person who takes advantage of an opportunity to trade. I understand the feeling of taking money out of an investment and enjoying the profits. It's sweet and comforting. I know people who have thousands of Bitcoins. He lives a simple life, doesn't drink, doesn't smoke, has no romantic relationships with women, and lives on a monthly minimum of about $300. I really admire his mindset and regret the pleasures he doesn't enjoy. |
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Selling everything is the right strategy. Selling out and waiting for the opportunity to buy it back at a very favorable price is a way to bring wealth. I know many people who have been actively collecting altcoins since the end of 2019. By now they are really rich, many altcoins have increased from a few dozen times to a few hundred times.
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Re: Shall We Hold Our Bitcoin Like Gollum?
You know what you should do? Whatever the heck you want! And I'm totally serious and didn't say that in an aggressive manner. If you disagree that bitcoin shouldn't be for hodling but instead used as a currency, then you're free to use it as a currency, and vice versa. That's the beauty of it— freedom to do whatever you want with it. Bitcoin should be exchanged, traded regularly. It is the value created from trading and holding. Holders create scarcity. I am thinking of many conspiracies around Bitcoin that holders can create like a big dump, big pump. In the end, they will all be Big Gollums. Will we sell out of Bitcoin one day?
No. We will just keep all of them until we die, since we don't like nor want to enjoy life. (/s) PS. Did it occur to you that people/companies buying Bitcoin actually buy from others who are... um... selling? And since price is still way under 1 billion a piece, it means that there are plenty of sellers? The power of Bitcoin is as strong as the way the ring poisons the minds of its holders. Bitcoin is bullish and will increase in price in the future. We look at them like we look at our wealth. A wonderful, magical and precious property. We, we are all Gollum. |
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POW is outdated technology and it should only exist on top of Bitcoin. Most POW-mined cryptocurrencies are at high risk of being hacked. History has shown that ETC has been hacked regularly.
I support the government mechanism to regulate these cryptocurrencies. The balance between mining pools to avoid 51% attacks on cryptos mined with POW. That avoids financial risks for investors when trading. It is necessary to remove them from derivatives such as margin, future.
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Personally, I have sold some of my coins in the current bull run. The gains were enormous, and I think we will face a big bear market in the upcoming months or years.
Taking small profits now will make me feel better in a bear market, so that is what I did. If it helps you feel better and act more rationally in a bear market if you sell some now, you should do it as well.
As mk4 said, we are all free to do whatever pleases us. Imo, you should never regret taking profits, even if the price gets to new ath later on. Acting rationally is what matters, and nobody can predict the future.
I would say we will drift with the trend, wait patiently and sell to buy back at a lower price. Enjoy the profits and enjoyment of redeeming Bitcoin as Gollum reclaims his treasure. Obviously it’s nice to take some profits at times. I’ve been HODLING since 2014 & sold hardly anything. I will make bigger sells in Q4 though as I expect more ath’s towards the end of 2021. Never sell your whole stash though, bitcoin is going to gain more & more mainstream adoption as the years pass. We will probably see $1,000,000 per coin in the next 20 years.
Before Bitcoin reaches $1 million it will have to undergo a value adjustment. I would sell at $100k or $150k or perhaps $200k and buy back at lower. My imagination looks so beautiful. I would be very happy if that happened. |
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Many of us are hoarding more Bitcoins over time. That is also the reason why Bitcoin dropped sharply on exchanges transactions in the past few years. Will we sell out of Bitcoin one day? Like how the ring was thrown into volcanic lava.  |
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They are only good at business, I see little creativity in BSC projects because they are mostly projects that are copied from each other and Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
This might be a big advantage for BNB against Ethereum in the long run actually. Because people prefer a faster network and lower fees first. And it needs to be secure also of course. As long as BNB provides these conditions all the time, BNB may draw many more people's attention to itself. However, I've been hearing that BNB fees are also starting to be expensive. This could be a bad sign for it if its developers don't create a solution for it. As I said, the ecosystem needs creativity instead of copying ETH. The advantage of BSC is only cost and speed and the support of CZ. He has many tricks to increase the value of the Binance coin. The issue of speed and cost on Ethereum will be solved after ETH integrates technology from Polygon and moves completely to POS. Time will tell whether BSC or ETH is better. |
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They are only good at business, I see little creativity in BSC projects because they are mostly projects that are copied from each other and Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
The success of BSC because they already have background as a big exchange. So, they can put many advantage to the platform, example using BNB as a discount tokens, hyping developers to build tokens on BSC so its easier to list on Binance, and many else. Also with the power of CZ to influence crypto user, their marketing will be very smooth to attract users. CZ is the wizard of the crypto market. He has too much power and easily blows up any project. CZ's support of projects on BSC is certain because he is the CEO of Binance. I think BSC needs more leaps and bounds than copying the source code. The crypto space needs more than copying and creating the FOMO effect. Creativity is the key to the sustainable development of the cryptocurrency market. |
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There are many ways to make money besides investing in Bitcoin. Blockchain has opened up job opportunities for everyone, created many millionaires and thousands of useful DAPPs. Most recently, people can monetize NFT, NFT games, create content with NFT and invest in DAPPs.
Money is flowing into the crypto market, in the future, it will be even stronger.
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They are only good at business, I see little creativity in BSC projects because they are mostly projects that are copied from each other and Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
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