Latest posts of: tygeade

Quote from: ndutndut on June 07, 2023, 05:23:19 AM

SEC's strangest IMO, it says unregistered exchange. Shouldn't an IPO go through SEC due diligence first? If it's unregistered, why is it allowed for an IPO on the NASDAQ? Here you can see where the SEC is headed.
- In the end, the SEC will ask that the Coinbase account be blocked. Even though Coinbase users are 99% from America. This is not protecting, but troubling its own people.
- This SEC lawsuit has a bigger impact on Coinbase than it does on Binance. Because the Binance market is global.
- COIN share price fell 12%
- 2 Days ago Binance, Yesterday Coinbase, Maybe tonight Crypto(com), or Gemini

BinanceUS assets will be frozen by the SEC. Binance US & Binance are different entities. The trade volume is only 2% from Binance Global.

First of all, if every company that is listed ended up being the same as they were listed then we would have no crimes and SEC would never look into any company with a stock on the market. Obviously some companies do get listed because they are legit at the time and then they do something that is against the law and they end up getting checked.

This is why I believe that it would not be fair for them to actually do anything that would be risky when they have it all on their hands, and that's why SEC will find nothing. However, looking at how the market was afraid we could easily say that it is not the thought in peoples minds, they are basically saying if SEC is looking into something then they are looking into it and something may happen.

Quote from: tjtonmoy on June 02, 2023, 07:56:52 PM

Firstly, I am not into debt that much, but when it becomes necessary I consider following a strategy of my own. I don't know if this exists already or have a name, but this is what I came up with.
I only borrow when it's an extreme scenario where borrowing is the last option. I like to set the deadline 2 times more than my payment date. That way, even if one gets missed, I try to make sure the next pay date will bring the amount for sure. Also, I take the minimum amount that is needed for the job to be done. So less pressure there.
What you said in OP about snowball method, it was unknown to me till this day. It's a really good method that you have taught me today. Thanks to you for sharing such informative post. This is how human mind works and this method shows exactly that. Now I have 2 methods in my arsenal to use. This will be very helpful for the upcoming future.

Having two paying dates were seem less pressure than only one but the only downside is that our loans, we will take time to be payed and then we think we are paying more than usual. This is hassle if we also have other expenses outside. If the loan has a single paying time, sometimes the person who took the loan can still be delayed in terms of paying it so they are still allowed to pay the loan on a another date but the only difference is that they are now required to pay some extra fees as an act of penalty.

It's my first time as well to hear about the snowball method I thought it's about taking another loan to pay our previous loans lol because snowball seems like an aggressive word. I mostly heard it though in MOBA games.

Quote from: Yatsan on June 05, 2023, 03:05:31 PM

Really hard to make a position at this moment. Price move sideways as usual but I guess a more volatile one. Price would reach $28k then fall $27-26.6k. Also with speculations of market price reaching $20k to fill the CME gap. Gigen that there are many speculations which revolves around this industry, I think it would be much better to wait until a more visible trend line appears before maaking a long position. But since the price is on sideways, it is quite good for scalp trades; jist manage the risk of how prices move at this moment. One thing I have observed as well are altcoins reaching their highest price since March and April on the current year. But I doubt things would be consistent; it is more of a bull trap.

All these bad news making it go under 26k doesn't phase me at all, it just doesn't mean anything on the long term. I get that it looks like it goes against the direction it should be going but that doesn't mean that it will not recover.

Yes, it has gone down a bit and that's upsetting to a lot of people who wanted to see it do well but that doesn't change the fact that we are going to end up with a good return, we WILL come back with even a better return, I do not know when that will happen, will it be this month or next month or maybe by the end of the year, I have no idea when that will happen but I know that it will happen and that is why I am not worried about these falls. There is nothing wrong with bitcoin, it's the market that's overreacting to every small thing.

Quote from: taufik123 on June 05, 2023, 04:38:36 PM

Amazing, you are a trading master who will turn $7 into $229376 within 15 days.
Can I invest $70 with you and it will become &$2,293,760 within 15 days?

I only have 5 years of trading experience and that doesn't make me a trading expert, I'm even still too panicked.

I will wait for the miracle that you will do in the next 15 days, if you succeed then many people will come to you.

come on spirit, don't fail LOL

It's obvious that we are talking about people who are just trying to scam others, but I have actually seen one lucky bastard that turned 1.6k into 2 million dollars by sheer dumb luck. He invested into something at very early on stages, that was the 1.6k he invested into, like pennies on the dollar, and that thing turned into 8k dollars at the top price, right now it's crashed and near zero again but he sold it at 3k levels.

This isn't really something he could replicate, and he didn't know he would get this much richer neither, he was just pretty lucky to have that and he never invested ever again. So in theory it is possible for people to make that kind of money, not likely and would not happen to same people again even if they tried, but in the end I have seen it happen at least once.

Quote from: Fivestar4everMVP on June 05, 2023, 02:34:25 PM

New castle did very well in this season's premier league though, even through they did fail to meet my expectations which is them ending the season in the third place after taking it from Manchester united, but this is not enough reason to undermine their efforts or under-estimate their power, Manchester united later reclaimed the third position from Newcastle, but then, ending in the top four isn't that bad I guess, so indeed, they did well, and I am expecting a great game from them come next season.

To be fair you have put some fair tough bar for them to pass, being fourth is good enough and they have done a great job at it as well. To think that Liverpool will not be at UCL next season and instead Newcastle will be is a great achievement.

Let's remember that this team was at relegation zone halfway last year, and within 1.5 years (even though they have been bought by the richest person ever) they become a team that will go for UCL instead. That's a great improvement and I feel like they are going to do even better next season as well. They are the only team that can realistically rival City in the future, they can spend 100+ million per year every year, and that means if they can get a good manager as well, they could build a team that will be fighting for a title soon.

Quote from: davis196 on June 04, 2023, 10:17:07 AM

Quote

And off course i don't like it you dont like it ww3 is about to break out any time soon

If World War 3 is about to start then what's the point of buying gold? We all should buy food, water and other necessary stuff in order to survive. We can't eat gold, when there's a food shortage. Grin

Yes, you could use gold to buy food, but what's the point for the food sellers to acquire more gold? World War 3 would be most likely a thermonuclear war and the human civilization would be wiped out of the face of the Earth. There's no point of hoarding precious metals like gold.
And no, I don't believe that there will be hyperinflation in the USA anytime soon.
You are basically shit-posting in order to boost your post count.

We buy Gold because we have a reason. It's mainly because we want to earn a profit later on because like Bitcoin, Gold's value is also rising due to scarcity. We don't know if WW3 is really coming so we continue to buy more Gold but if it's already confirmed then it would be better to sell off our Gold and invest on easy to carry and safe assets when it comes to wars. That would be cryptocurrencies. Don't worry because stocking of basic necessities are already in our minds.

This is of course more important than anything else because if we will die, our investments will still be useless. The governments are also going to provide a help for those who don't have the ability to buy goods.

Quote from: Amejoaquim on June 04, 2023, 11:28:22 AM

Right now i don't have any target i just keep DCAing and i think the bear market is not over just because there is still too much optimism and greed. Maybe there is more pain to come.
Maybe we are already in the bull market and we don't know yet.

To have no target might be better because it allows us to continue buying. Usually, when we set a target buying price, we are making sure that it is the best price and we ignore the fact that it is not going to be easy. If you are confused if we are still on the bear or we are already in the bull run, I think we are still in the process of going out in the bear and we are now heading in the bull run.

There is optimism and it's a good thing. I think this is also the reason on why we are rising. If there are greed, that is when people continuously buy. There is no greed for selling yet because the price is not really great for selling. Pain is normal but please don't hope for it because the more it will come.

Realizing the trouble that lies beneath almost every single stablecoin will make you question why do they even exists in the first place. Just accept the fact that they are basically there to make sure that we are investing all of our money into some company, it is basically telling them to take your money and give you a "share" that worths 1 dollar.

That's exactly what it is, we all pool our money together and give them tens of billions of dollars, and we hope that they don't steal it, and not like we are getting anything in return neither, we give them 1 dollar per pegged coin and we get back the same, so it is worlds worst investment there ever was, and if they fail and bankrupt? All of our money gone. Not only we do not share the profit, we also take the risk, it is definitely a terrible one.

Quote from: Fuso.hp on May 29, 2023, 06:08:17 AM

Since ChatGPT was launched in November last year, this AI technology has created a huge response across the globe. This technology has gained so much popularity that people are using this technology in almost every field. Any math can be easily solved through this technology, any unknown matter can be easily known through this technology, so there is a lot of doubt in everyone's mind about this technology that this technology will destroy the job market or not?

When asked about this, OpenAI CEO Sam Altman said the technology will never destroy the job market. Rather, this technology will solve things that people never know about. Since all tasks can be solved easily through this technology, this bot system may be used instead of humans in various work fields.
If this technology is used in the workplace, many people will lose their jobs.

I feel like it would be very important to learn how to use it though, a CEO will not go about using chatgpt or any other AI themselves, it is not going to be them making a deal out of it, maybe startups would use it at first, or maybe one person company with no employee would, but big companies won't. So, you would still be hired, instead of someone who knows about some other software we had so far, we are going to be asked the AI version instead.

I am sure that from personal assistant to designer, everyone in between as well, used some software at their work so far, it would just simply turn into an AI software that you can use, and that's why more people would be able to do it but you would still be using it, worker will still be needed, because CEO won't do it anyway.

Quote from: abel1337 on May 31, 2023, 03:27:29 PM

Twitter and telegram is the hotspot platforms of scammers. Just avoid clicking link or interacting on this casino especially if you are a newbie or don't really have idea what you are doing. These scammers are doing anything to scam people like joining the current trend, impersonate influencers and even make smart contracts just to scam people. I believe that even crypto veterans can possibly be victimized by this scammers because some of them are really good to it. Just avoid using twitter if you find it as a threat or just don't click links that you think is harmful.

You forgot to mention Facebook. It is the leading platform and it is more user-friendly than the two so expect that scammers will lurk here the most. If the link just randomly pop up from a random person, chances are that it was a scam so we must avoid. Even if you know it already, don't ever mess around with it because it can still potentially harm you. Joining the trend is one of the easy ways for a scammer to scam people because who doesn't like the trend?

But, it can be easy to spot a fake influencer because usually legit ones have a verified tag or a little check sign beside their names. No need to avoid Twitter or other social media sites completely as they are useful to us. We only need to follow the safety protocols.

Quote from: libert19 on May 31, 2023, 11:33:40 AM

We regret about missing Bitcoin, then about XRP then about Ethereum then Doge then Shiba then Pepe (these are some top of my head and from what I've come across in my crypto term).

Point being there are always new opportunities and dwelling on regrets is futile.

I think it is also important to realize that you do not have to make this much profit. Bitcoin going from just a few dollars to 30k maybe will not happen ever again but you do not really need to have that to be interested in bitcoin neither. You could just forget about that and focus on the fact that you could be doing well right now if you just invested carefully.

It is going to be a tough situation to keep on waiting for many years but you deserve to get rich and that's why it is better to do something like that when you can. I know that it will take some time to adjust your life that way, because many people are not used to waiting 10+ years for something as volatile as crypto, but if you can somehow do that, then you are going to be amazing.

Quote from: Cryptomultiplier on April 01, 2023, 01:07:25 PM

I have had to experience some dark times alone, in the which both family and friends couldn't understand.
The loss most times or the fear of loss opened my eyes to valuable lessons and the hope to rebound after such an experience lies wherein one doesn't stay flat faced on the ground.
Apart from myself, most companies too have had to crash or close down for reasons that sum up as unprecedented. I took the liberty to compile some recent programs that have failed recently with a message of hope to others and individuals that the best can still be gained from any of such awful experience.

I agree that there are people who have been waiting for 1.5+ years for bitcoin to recover, people who bought it when it was high and can't sell right now because it's low and been waiting for a pretty while. I think anyone who has been waiting since then, and even buying some more for DCA case, will be the first people who will get rich when the price goes up. I obviously would prefer to sell when it's high and buy when it's low but that doesn't mean that you should sell when you are at a loss, you could DCA and wait.

This is why the ones who do not give up will be the first ones to make profit and the ones how make the most profit when the time comes as well. I prefer to keep it that way and make as much profit as I possibly could by just holding for dear life.

Quote from: palle11 on April 26, 2023, 09:03:33 AM

For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).

There are too many periods when the TA shows that it will go up and yet it goes down, and when it shows going down and it goes up. Those are because of speculations, there are "news" that something will happen and that makes people question what's going to happen and they worry about it.

I personally do not worry about those but unfortunately market usually reacts to these news, good or bad it doesn't matter. When they do, TA becomes worthless because people act accordingly. I understand that people will be doing something that will not make too much noise, but hopefully they will do something that will make them some money in the end if they can use these speculations to their favor. I can't, I am aware of it but incapable of using it to my advantage but at least I do not let it hurt my finances.

Quote from: justdimin on June 01, 2023, 01:23:15 PM

I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.

Everyone would prefer whatever is richer than they are currently, but I believe that we should be looking into what we can be doing and not what would be good in a made up scenario.

I know myself, if I ended up buying at high, and it drops, I would do DCA, I know this because it has happened before, during this dump from 60k+ price, I started to buy at 40k and been buying ever since, bought from 40k at top to lowest 16.5k as well, so I do think that it is fine. Unfortunately after series of events I have not much, got a bit recently thanks to my boss, but in the end I know that it is a good period to be on. Do what feels right to you, forget about what others are saying, and just think of what you would do and how you would feel about doing that.

Quote from: Doan9269 on May 31, 2023, 12:42:37 PM

I'd like the fact that we can understand that the cryptocurrency market is seasonal which means there are peak and off times that we are expected to invest or not to invest in the market base on what we can study or discover about cryptocurrency, but in cryptocurrency, we don't depends on all the occasional experience to have their own seasonal experience eince cryptocurrency is a different entire system from the traditional economy and system

I do think that it would be something special for a lot of people who understands what's going on. But at the same time it could be very well used for trap as well. Like for example we all know that 2024 will be halving, so that means the price will go up a bit more compared to right now, probably somewhere 35-40 range, and then from 2024 halving to a year later, for a full year it will try to beat the ATH price and go higher.

That is how it has been for a long time and we are expecting that to happen all over again. Will it? I have no idea about, maybe it would happen or maybe it won't happen and I have no idea which one will be, everyone thinks it will, but what if it's a trap? What if it goes up in 2024 and down at 2025? We really do not know and it could be anything.

Quote from: inthelongrun on May 31, 2023, 12:09:30 PM

It depends on what type of news. But most assets are affected by big news. For example, the news about world economic problems is still lurking up to this day. It is nothing to do with bitcoin but somehow it is related. When the world is struggling financially, we expect all assets to have limited growth or the potential to drop in value centralized or decentralized.

If people and institutions are facing economic problems, most of the time they will withdraw their investments. The rich will at least try to do anything to safeguard their assets by holding cash and waiting for the right time to buy back. While ordinary people will be forced to use their investments until they can recover and starts saving again in order to invest.

This is so important, people think that bitcoin acts upon what we hear and see whereas it's all of the assets in the world that gets an impact based on news. However, we should also realize that there isn't going to be anything shocking because bitcoin is volatile and others are not.

So in the end, your house could go down in value 1% and you wouldn't even notice, the stock you hold could go down 10%, the gold price could bottom at 5% lower, meanwhile during the same period bitcoin could drop 50% and it has in the past. This is why I believe that we shouldn't be shocked about what's going on, it's totally normal and people think that news impacts bitcoin alone since other stuff are too small, but bitcoin can also recover that fast back to previous price as well.

Quote from: killerfrost on May 30, 2023, 01:55:48 PM

This is understandable given the overall market push, having developers build different sectors in the space during a bull market will help them attract the cash flow to grow. better yet, for trends that can be short-term or the failure of many projects, that enthusiasm works well in bull cycles, even things like memecoins need some hype. There may also be hundreds of related products. And of course the opposite, when the market is not positive, few people will want to stick with it in trending projects, or only a few will exaggerate and gossip with each other. Looking at the bull cycle, I also think that some applications of this field in life will grow stronger, specifically what life is going on, they can be studied as well. more associated with blockchain technology.

I agree that when the bull starts, it is going to be hard to miss, there will be millions of people constantly hyped from waking up to going to bed. There will be opportunities to get rich overnight, there will be people who turn few thousand into few million, everything will be awesome for them.

I believe that we shouldn't be really shocked with this result and we should accept the fact that crypto will be amazing when the time comes. Maybe it has been a bit of time since it was like that, but anyone who has been around for longer than 2 years would remember those periods and how it goes up. That will be exactly the same thing yet again and we should be hyped about the potential. Just wait, I don't know how long it will take, but wait, and it will happen again.

Quote from: Onset on May 31, 2023, 02:45:09 PM

I don’t know, man. I’m so confused reading about AI because I don’t get one thing: is it actually able to logically assemble information or does it just find combinations of words and phrases that generally make sens gramatically and assemble it all as a string of text?

Combination of both. The main way how an "AI" works right now, is that it is fed with information, and it learns what equals what. I always give the same mario example, there is a video on youtube if you search for it, it's a machine learning that plays mario and finishes it eventually. You feed it needed information, like what button is jumping, which creatures makes you die, and what is your purpose etc, so the game rules basically, and let it be, then it fails after and after again until it figures it out the rest itself.

So yes, it does think for itself in a manner, but within the box you put it in, so you give it information, and then you ask it a question and it uses the information to respond, I don't know if I made it clear or is it still confusing.

Quote from: Inspiron14 on May 29, 2023, 06:29:47 PM

Quote from: Joshapat on May 29, 2023, 10:43:38 AM

I'm optimistic that in March the price will rise and reach $30k and the upward trend will continue, unfortunately the market has stopped and it looks difficult to rise again, maybe this is an opportunity for us to be able to buy cheaply, of course a good opportunity to buy before the price skyrockets moreover, especially in 2024 there will be a halving day which will usually make prices skyrocket.

a few days ago Bitcoin has indeed reached $ 30k and unfortunately at this time Bitcoin has experienced a correction and is trading below $ 30k,
I hope that in June the price of Bitcoin can be above $ 30k again, because if bitcoin can be above $ 30k then there is a possibility that bullish will arrive.
and 2024 is exactly what you said I also believe the price of Bitcoin will skyrocket.

It hasn't been 30k in any place I know and I have checked, and I have not seen anything like that. The highest we have been recently was a bit above 28k, and even if we take it for a full 30 days it has been a bit higher than 29k as well. So all in all, it has been a while since we have been over 30k, last time was during April I believe. This is why we should be a lot more careful with what we are looking at and it hasn't been that much up and not that much down.

If you think that it has gone above 30k and right now it is under 27k then you would be upset, but if you know the truth which is the fact that it is green in the last 7 days so we are doing fine, then you would be happy. Knowing the movements could change the way you think about the market.

Quote from: StreakW on May 30, 2023, 07:50:02 AM

Quote from: posi on April 30, 2023, 09:19:35 AM

Until this point, if someone said bitcoin was going to fail, they weren't people who didn't fully understand bitcoin, I think they were more jealous than ignorant. They think they missed the bitcoin train and are annoyed that more and more people are getting rich on bitcoin. Those who say that bitcoin is dead and are trying to spread Fuds so that others can participate in bitcoin like them, we can say they are selfish, jealous people. No matter how high bitcoin gets, whether it's 100k or 200k, they'll never stop their stupid acts.

Indeed, if someone says bitcoin failed it is not that they do not fully understand bitcoin, but such actions do not mean they are jealous. Precisely someone who says bitcoin failed, they usually panic and get emotional when they see the bitcoin market crashing and they experience huge losses. What's more, for those who have just invested in crypto and immediately experienced a loss, they will say bitcoin failed because it was not what they expected or saw other people getting rich with bitcoin.

I think that type of "giving up" mindset would mean that they would lose money whatever they invest into. Life is full of ups and downs, sometimes you invest right before it goes down, there are too many people complain about that and I understand that they do not know when to enter, you should enter right after a huge drop, that means even if it goes down a bit, it can't go down too much.

However, if they invested into a stock, that could have gone down as well, if they invested into gold, it could have gone down as well. Which is the point here, if they see it go down and think it's dead and get out, then they wouldn't have made profit anywhere else neither anyway so there is nothing to worry about at this moment and should be considered fine.