1. You must split your coins in 2-3 wallets, to avoid losing all your coins if they are all in one wallet. But then you don't know what types of wallets to use.
That's good to see bitcoin helped people increase their knowledge even in other fields. However, for example, this one is very much general not it's not just about bitcoin or any other asset. You may already hear people saying don't put all the eggs in one basket so if you made a mistake and lose some part of your money you will still have other parts of the assets in other safe places, it's nice to see you learned that from holding bitcoin but you could even learn it before entering this market. That's right, if you do something like lets say an ordinary investment on stocks, this has been done for many years so far and that's why it is not really a shocking result. However, if we are talking about putting all of your stock investments into just one broker and they make a mistake then all of your money would be gone. Which means you should be able to put them into different brokers just in case. This is why I believe that we shouldn't be really focusing on anything like that for a while longer. I believe that we should be putting it in different wallets and one of them should be a ledger nano because that's a good cold wallet it really helps out a lot. |
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I see this from the point of view of a buyer who is actively shopping online, I definitely do it every week because I play a direct role as a buyer but I also play a role as a seller. In essence, everything is mutually beneficial if we know how to manage goods from store A and sell them in store B. However, if this is the moral support that must support offline stores, I think we are still among offline buyers. We do not always buy from online stores due to slow delivery, length of time for items to be packed etc. Of course we will choose offline stores to shop in person to meet urgent needs.
Urgent needs could be, but if it's something that we need exactly that day, and if we need something that would be alright in the long run as well, like do not buy something just because you need it that day, it's urgent but it's also long term. I like to buy things online not just because of the price but also because of the options. Whatever you want to buy, it's going to be something that will take some time to get to you, but at the same time you could compare 5-10+ companies and their products and if you really want to buy then you do that. This is why it's going to be quite important to handle something like that, and it will take some time for sure. |
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Firstly, proper knowledge about Bitcoin and crypto market is needed to invest. Secondly, market analysis, buying zone should be implemented in right time. Thirdly, patience is an important factor after investing on Bitcoin. Buy low, sell high is still popular and anyone can implement this strategy but holding can bear good amount of profit.
You have said it right, mate. But there is one thing in common with why many investors fail to gain success and that is the third one - impatience. This thing could trigger a lot of changes even though you are good at 1st and 2nd, all of these things will change direction as it will badly affect the mindset and decision-making. This is the thing I've found when I recall what I did before, in fact, even now sometime I become impatient. There is no other thing that we need to practice more and become a habit and this is how to become strong and patient. I agree that it's definitely something that takes a bit of time for people to get a hold of. Patience is a difficult thing to master if you do not have it, or you could be a boring guy like me, who doesn't care and that type of ignoring it causes you to look like you could wait for decades and it's a success when in reality you just don't feel the need. I bought bitcoin many years ago, and I have been buying ever since, and I never had the need to sell, not because I am patient person or something like that, it's because I just don't need the money now, and don't have any reason to sell, so why would I feel anything when it goes down? If you have that like me, then it becomes much easier to wait the storm out. |
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I think that the people who make money trading Crypto are few, there are many who can make money, but in markets that are somewhat more robust in terms of volatility, I think more people can make money there, of course than the big whales. Buying an asset at a high price and selling it at a low price will always lead to losses - this is what happens with most traders out there and there is no way to avoid this unless you are reading the charts well and having the patience. Instead we buy low and sell high it becomes a simple math to see that we will profit. You need whales to tell you this, but you can do this yourself if you have to patience to hold between the cycles. There are so many people who bought at a high price, and when they saw the price going down they ended up selling it. Why though? Like why did you buy at high is a question that they need to answer themselves, but that's fine because sometimes you buy at the wrong time. But why do they sell at a lower price? That never made any sense to me at all because you could have waited for it to recover and that would have made you so much more money. All in all I believe that we should be keep holding whenever the price goes down, and we could make a lot more money that way, it just requires you to keep holding and that's not really a big problem at all. |
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Hi folks and friends,
This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?
Thank you a lot, trying to make the right desitions...
Kind regards;
Chris
Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come. bitcoin may fall more but at least 13k is the lowest from what i see here. I do not see that there will be any more low. I think we hit the bottom already, and in 2023 we are going to just see it go up and then keep going up more and more. I understand that some people may believe that it's not going to be that easy to keep on growing and becoming higher, because many people like you believes that it will go down, but the reality is that we are not going to see that. Why do I think like that? Well simply because of the support levels and the amount of bitcoin being sold, it would be pretty difficult to take it anything lower than the bottom. Not saying it's impossible, but why do something so difficult, when the easier option is right there, market would prefer that for sure. |
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Purchase Bitcoin in this season will be favourable to those that wish to become great in future, because the price is still low for such investors to visit the market to buy and hold till the price change to their expectation before they can sell. Those that bought Bitcoin early last year when the price decreased to a point were investors rush to embraced the opportunity, because it has been long they have been waiting for the price to decreased to a certain amount before they can buy huge amount of Bitcoin. Now that the price of Bitcoin has increased to $21,423 yesterday showed that before the end of this year investors will start selling their bitcoins to make something good from the market.
They should remember that it's not going to be something short term though, I mean it is clear that we are not going to end up with something profitable in a month or two, it may take as much as a whole month. I am not saying that it's going to be easy or difficult or anything like that, all I am saying is that you need to learn how to control your feelings and if you could make a profit based on holding, which is easy to me but hard for many, then you should be fine. Just buy now, and hold it for a year at least, more if you could, and if you are not ready to hold it for AT LEAST for a year, then you shouldn't buy it at all, you should avoid it as much as you can. |
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2weeks before January ends yet the price still holding 20k and above , there is a small fall from 21k yesterday but i think this will not continue and will keep this level for a week more or at least a month.
the main question now is what are we holding this whole quarter and the next? I mean this 2023 are we staying this level or another dumping that will come , or another Bottom to record before the final increase?
I think it will definitely grow bigger, it is not going to be easy and it is going to take a while before we go up, probably not this quarter but by next quarter we are going to end up with a good return for sure. Hence, if we are really inclined to do so, we should be prefer to hold it as long as we should. 2023 started well, and with all the gemini and so forth talks, we are standing strong and not falling at all. This is a proof that everyone is ready for something bigger. It is also true that it has been 1.5+ years since the last ATH, which was long time ago, it's time for bitcoin price to go up, and it would be easier if it started now and slowly did that for the whole year. |
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Update - now 145% up since I started 2 weeks ago thanks to the Shiba Inu pump this morning.
I am now in Gala and waiting for that to pump to close my next trade.
I know the market can crash at anytime but like I said before I am only investing in crypto I am also holding long term so don't feel too much risk.
Had I started with $1000 I would now be up to $2450 which has opened my eyes to trading.
It's surprising that Shib is still alive but I think you are only lucky there so don't get carried away and stay on that coin. Remember there are still better coins out there which can give you more guarantees of earning a profit. For your second coin, Gala. I have a confidence with this one so you can stick with it. We are now on our way to the bull run so I don't think the market can crash anytime soon but crap coins are the only ones who can crash at this point so you better be extra careful with your picks even if you say that you are mainly a long term investor. Congrats about the profit that you built during the 2 weeks of trading. I hope you will stay humble and stick within your limits only. |
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I've held bitcoin before the bear market, I'm holding it now, and I'll keep holding it after the bear market whenever that will be, I don't know. I've made up my mind to be a long-term hold, and there's no turning back. Why can't I retain bitcoin for four years or longer if others have been able to do so despite market ups and downs? I'll hold and keep holding. I believe that bitcoin is here to stay—today, tomorrow, and always.
As long as you do not have any kind of idea when you will sell, that is actually a good thing. Because if you have a limit you are willing to sell at, then we all know bitcoin could possibly pass that, maybe not today but it could. This means if you say "I will sell when it reaches 1 million dollars each", even though it may take a decade or two in order to reach there, it could still reach it and pass it eventually. So, it is better to not have any solid number you are willing to sell, so that you could end up with making some profit and saying "this is enough" when you see it. Because, that's how you get rich, you see you are rich enough and you will know it, when it happens, not beforehand. |
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Ethereum is a potential altcoin that is much safer to invest in than other altcoins. But since Ethereum is a crypto coin, no one can guarantee that it is safe to invest in it. Yes it is safe because it has a strong team who is maintaining it but no one can guarantee the profit if you invest here. Profit will depend on your own investment because if you can't invest at right time and sell it at right time then you won't earn profit. So I won't say that Ethereum is 100% safe. Because if you hold your money through ethereum it will never keep your money stable it can go down at any time and up and down at any time.
It's basically is it safer or not question at this point. If someone opened up an account at bitcointalk and came here to ask about ethereum, then they must know that we are going to be crypto minded people, and we prefer to invest into crypto. There is really no situation that we could consider to be equal or even similar in this type of situation that could be regularly accepted. I know that not a lot of people would be able to say the same thing in most cases, but that's just how it is so far in this case. And in this crypto world, ETH is by far the best altcoin that we have seen and we will keep on supporting it through tick and thin as long as it shows us the same respect back just as it has done so far. |
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I good investment is more preferably than kill your back on two or three jobs. The chances of failing on both due to exhaustion is more than becoming an expert in one job and earn more as a professional. Train one thing, become a master of it and set your own price for your work and experience. That is more stability than balancing between two jobs.
Unfortunately not all type of jobs are like that. If you work in service industry for example, being the best ever waiter couldn't really bring you to a great level, you can't really become great at it and then start earning a lot. Sure, maybe you get a lot more tips than other people if you are lucky but that's about it, it is not enough at all. I personally believe that having a second job that has a skill set that can scale to a high level is a lot more important. Most obvious and common example of this is coding, I am not saying learn how to code, but have a skill like that, which you could scale to millions of dollars if you are great, and even if you don't, at least earn enough to supplement your income. |
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Holding is somewhat of a sacrifice and patience but after all, it gives us benefits and huge rewards. But guess what, it is really hard for all of us to do this. And this is because we usually get affected by the FUDs driving our minds to think negatively as well then decided to sell instead of holding. If we know ourselves that we can do it (holding), investing during the bear season is a good starting point but if we can't, this will only give us losses in the end.
I would say that Holding could be better at a specific time but not always.
If you let FUDs drive your minds into thinking that it's going to be worse, then you shouldn't trade or you should learn how to silence those thoughts. It's obvious that we are talking about a situation where it's going to hurt everyone when it's all said and done, which we should be avoiding as much as possible. I know that people will have emotions, you can't stop having emotions but you could definitely control what you do with those emotions. So, if you fear that it's going to go down, do not try to stop fearing it, just keep on holding even when you fear it will go down. When you are capable of doing something like that, it would definitely work out better for you. |
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I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$  I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again  The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime In my opinion trading is more like gambling you can earn much but you can also lose much If I were you learn how trade work and try in spot before put big money on it I think it also has to do with the platform that you use. Are you sure that they are legit? Because I never heard of them before. There must be legit and popular platforms to try copy trading. Maybe you can try again for the last time and see if there is any change on the result that you are getting. Also you shouldn't use money which are high enough especially if you are dealing with things which are still new to you but even if we are familiar with it already, it is always advisable to use only amounts that we can afford to lose easily. Trading and gambling have some similarities and that is their risks are high but IMO winning can be more attainable in trading than in gambling. |
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Chelsea seriously got it wrong in sacking Tuchel, he wasn’t performing but you have to consider your options before getting him out and at that time nobody available was better than him. Even Liverpool is having a bad season but they are skeptical about sacking Klopp because of lack of better options. Right now Chelsea are stuck with Potter and they can’t sack him too except Tuchel decides to come back
Yeah, Chelsea new management done big mistake in sacking Thomas Tuchel which is now causing for the two loses one team's performance is still on decline, and they are having chance to be out of the top six spots from Premier League which could be big lost for them and with this many big players are bought by Thomas Tuchel now on sell from Graham Potter with most chances they have to suffer in money as well because mostly will be not gone on same price which were offered for brought them here, and they are not able to perform good under the new coach which is surely big setback for the club and management. Even Graham Potter is bringing few new players but still no guaranteed to be having good results from them as well because they are going badly down and now just few weeks with big challenge against Borussia Dortmund is also coming hopefully things could be positive for them. |
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I asked the question many times, but NEVER received a reasoned, logical answer. The question is extremely simple: how, and how will the real economy really benefit from the transition to Bitcoin?
Unfortunately, I have to state a fact - many supporters of Bitcoin as the currency on which the economy works, simply do not understand how the economy of countries works, what the central bank is, how the budget is formed, where inflation comes from, and much more ...
The simplest example of misunderstanding: bitcoin will "destroy inflation". Absolute stupidity. Bitcoin itself is indeed a deflationary "currency". But the economy, the economy and the state budget are formed in a completely different way, and a deflationary model is simply not possible in most real situations. Try to simulate and you will understand that the implementation of such a model will instantly lead ... to impoverishment and a drop in living standards, especially for the poor and socially unprotected segments of the population. And it will not solve the problems of the economy ...
Not that it's true, I disagree with it, but I can give you the answer of some people who support this idea that I talked before. The main idea is that they believe fiat is controlled by governments (true) and bitcoin is not controlled by anyone (logically true, financially wrong) which is why if the whole world stopped using fiat, and suddenly overnight goes into crypto usage instead, we would have our own currency that nobody meddles with and would be able to actually make a good income and live comfortably instead of living in the fiat world where rich gets richer and poor gets poorer. It's true that the world we live in sucks, but I disagree with them because bitcoin wouldn't help in this regard. |
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It's just about the money, nothing more. Obviously they would love to have a signature campaign that would be 100% running for many years, why wouldn't they want such a thing? But, let's also be real about the fact that we are not going to get something like that easily, it's going to be quite tough and why would they want to pay for something like that out of their own pockets?
It's also good to remind everyone that this is a tough business to be in and every dime matters, in a situation where we are expecting them to be like that, we are forgetting the fact that they are not spending money just on this, there are a million other places they have to spend that money on.
I think it is a bit about money, but not all of it is about money neither. It's about basically optimization, which means even if you had 100k dollars to spend on marketing, would you rather pay 50k of that on signature campaign and 50k on something else, or 20k on signature and 80k on something else? I think they have realized that they could optimize the marketing to a less signature heavy, more about other things and using it that way. Just recently they gave out 1.2 million dollars rewards, I am sure that they could have like 1k per week marketing here that could go on for 52 weeks, costing them 52k a year, which shouldn't be that big. So I agree that it's a bit about money, but not all. |
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~snip~
Basically Russia got sanctions and all during the early days but people were not ready to handle energy crisis right away, so it took us all this time, nearly a whole year to make sure that we do not need them anymore. But from energy to wheat to everything else, whatever Ukraine is still selling, everyone is buying it, and then turn around and pay them some more to help fight off Russia. So that means energy crisis could be a real issue, prices could be, and economy could be not so awesome right now, but at least the war against Russia, the "big bad evil" of the world (you may disagree, that's just the narrative now) is being beaten and they find it worth it. |
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Any trading bots that promise you that you will make profit are actually fake and most likely trying to scam/lure you. Don't "buy" those trading bots. You don't even know what those bots are capable of. They can end up swiping your whole computer!
There are legit trading bots, but don't expect those bots to do everything for you. They will follow the strategy you provide them with, but you will have to supervise and keep on updating the bots. The only thing bots help you do is automate the trade for you which you only need to update every few minutes to hours instead of constantly looking at the screen.
This is true, if a trading bot owner tells you that you are going to make profit for sure, 100% guaranteed that you will be profiting, then they are selling you a lie. Those legit trading bots and their sellers will always tell you that there is a chance to lose money, or a chance to buy something that won't go up for a long time, basically make a bad trade, they do try to keep that into minimum, and they may claim that they are the one that has that as little as possible and best at that, but they will tell you that it could happen. This is why it's already wide open to me that if it could make a loss, so could I, and why would I need it to begin with. I like my own investments more. |
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Firstly it is great to have found this forum, makes a refreshing change from Crypto Twitter haha.
This forum is as older as Bitcoins. Indeed this forum was founded by the Og Bitcoins and Satoshi himself. Very sad to hear that you found about this forum so late, and were busy in twitter crypto fights. Nevertheless if we come back to the Op, then my friend Bitcoins won’t fall further. And if you now greed for more profits, then I am fearing that you might miss this golden opportunity to buy the Bitcoins at such a low price. So if you are able to buy Bitcoins anywhere below 20k usd, then consider yourself lucky. Don’t waste time and buy as many bitcoins as you can. I do agree that this forum has been one of the peak places for bitcoin discussion for a long time now. I have been here for nearly a decade, and had a few different accounts back in the day but never really took advantage of it, been here non-stop for a long time now. I have to say I learned so much about bitcoin here because it is not echo-chamber here, if something is bad then it's bad, on twitter if you say something is bad then thousands of bots could gather around to tell you are wrong and fool others, here that's not possible. That's why this place has been the best thing that happened to be ever, this forum is my entire profit reason and that's why I love it so much. |
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do not try to pass off Russia as something less significant for the world, the only thing that modern Russia has succeeded in is terrorism, military and economic. He knows how to destroy but not create, he knows how to lie titanic, and he is afraid of the truth like the devil incense!
That's what happens when you try to feed your government. This isn't even just about Russia, in any nation that people try to pay most of their money to government to keep it going, they will live in poverty line. I am not a supporter of liberal views where we should all stop paying taxes as much as possible, just pay a small fee, and government should leave our lives as well, that's not what I support, I support a good supportive government, and even high taxes if it goes to right places and gives a better life to people, but Russia is a terrible example of this, and so is UK and USA for that matter. You pay high taxes, and they still do nothing for you and you live in poverty, then why the hell did you paid all that taxes for? |
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