Bitcoin Forum
May 09, 2024, 07:39:28 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 ... 245 »
2201  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the meme coin still worth holding on: November 24, 2021, 07:06:41 PM
What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
Nah, I am no longer holding any meme coins in my wallet.I was holding Dogecoin, but I have already sold all of them when the price was high, though not at the peak. I kind of felt that it was going to crash anytime soon, because the hype was too much, so I decided that I was going to sell at that point and sold all of them, and a part of the money I got from selling it I invested in bitcoin.

SHIB is the meme coin I had interest, but I missed to invest in it earlier, and when the price increased much, I decided to not buy it again, because I felt that it was kind of late already. Right now I don’t really think that all these meme coins are worth holding, although DOGE and SHIB has a good chance at hitting a high price in the future.
2202  Economy / Trading Discussion / Re: Start somewhere on: November 24, 2021, 04:03:06 PM
It does not matter how much you have, I believe that even a little amount that can be used in the right way, and people can become millionaires with the little amount that they have invested in cryptocurrency. It is all about you know what you want to do and doing the right ways, that’s how you’re going to benefit from the community in a huge way.
Yeah, I started with a very low budget and I am doing fine right now. People should start somewhere but they should also study a lot to learn what angle they should get into crypto. I see a lot of people who get into crypto with their own money and then they get upset when the price falls and then sell it, lose money and get out. That is not how you should approach this at all, it is a long term plan and you should be here for at least a decade before you could feel like you have achieved something.

If you get into crypto and use your talents or learn a skill and use that then you could actually do something, otherwise it doesn't make sense at all.
2203  Economy / Trading Discussion / Re: cryptocurrency trading is safe than forex trading on: November 23, 2021, 09:35:26 PM
I just understand that cryptocurrency trading is very well safe compare to forex trading. In cryptocurrency when bitcoin is high like this time, everyone will fine in the market. But greedy trader will not be fine. Everyone will be fine because if you loose don’t sell on loss just wait and the market will come back. i read about fundamental and technical analysis but I use different one which I dnt knw the name.
I use binance and in binance i watch the market and i will see hot/gainers/loosers/24hr vol. I will check the coins that are hot and i will check them in loosers and buy them and wait for 24hrs they will go back to gain and i sell. But in forex if the market is against you, its against you. What is the name of my style, is it fundamental or analization.
I don’t know what I’m going to call this strategy that you are making use of ,  but at a time like this, it is always common that everyone is going to be making profit, though not everyone, but at least majority of the traders in the market will be able to make huge profits from the market. When the market finally turns bearish, it is going to be quite difficult for you to easily achieve the level of profit that you are getting at this time. That time is going to require a lot more skills for you to be able to gain from the little up and downs that the market will be making in a day.

So for now, we all already know that most of the coins would go up, so any of them that you invest, as long as it is one of the top coins in the market, there is really a chance that is going to increase and you make profit from it.
2204  Economy / Gambling / Re: Stake.com - Watford FC Main Sponsor - UFC Official Betting Partner ⚽ 🥊 on: November 23, 2021, 09:01:08 PM
You ready for another action-packed Sunday full of #NFL?



I know I am!

If your team leads at the end of the third quarter, you'll be paid out as winner up to $100 even if your team goes onto lose the game

https://stake.com/promotions/promotion/nfl-3q-payout


Trying to get onto your Stake account when the Doge drop hits 😤

PS, it's coming this week 🤗
Stake has been doing a lot of NFL and mainly sportsbetting marketing for a while, I respect that about them because they were known as a casino first but then they added the sportsbook part, now they are promoting that part a lot more because they want everyone to know they are not just a casino but also a sportsbook as well.

However, isn't it time for them to get something out of the casino world a bit more as well? Even though their sportsbook is great and all, their casino is by far better and I believe it is definitely something that they should be focusing on a lot more. Not that they suck at sportsbook, but because they do not really have any reason to stop with the amazing casino part.
2205  Economy / Trading Discussion / Re: Basic trading strategy for newbie to make a profit on: November 23, 2021, 06:32:52 AM
Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
There are so many videos on YouTube that you can rely on to improve yourself as a newbie trader. Trading is not something that you would be able to master in a very short time, it requires patience and hard work and understanding. As time goes on you get to become highly skilled in it,all takes is just for you to have patience and keep working very hard and learning. As a trader,learning should become part of you,and you shouldn’t stop learning, it should become something that you’re always doing all the time to perfect yourself.

There are so many videos that you can get on YouTube and they’re going to be helpful, or you can even decide to read articles online. But don’t be too fast to leave other jobs that you are doing just because of trading, because you’re not sure how good this one is going to be, trading comes with a lot of risk, so don’t rush out quickly from other jobs you are doing.
2206  Economy / Economics / Re: Inflation is always and everywhere a monetary phenomenon -- Milton Friedman on: November 22, 2021, 09:16:56 PM
Inflation rate isn't normal, it is indeed a phenomenon caused by the government itself alone to adjust their debt and won't rely on other sources anymore, also the USA has the biggest yearly budget on Defense alone, where would they get that budget? Inflation and taxes ofcourse. However, they will deny that accusations because they know more than anyone and they are just saying that inflation is caused by the increased demand of supply than services or goods being produced.
I do believe that inflation rate is a horrible thing in most nations, however USA is a bit different in that case. They increased it knowingly because they wanted to liven up the market once again during/after pandemic. Which meant they gave out a ton of money, and stopped the market from collapsing and that resulted with them being a lot better during this period. The alternative would have been preventing inflation and that would cause a lot of unemployment and a lot of people starving and a lot of rent not paid and many other horrible situations.

This is why I believe that we are definitely looking at something that could be done properly with inflation and then they could just reel it back into regular times next year without a problem. This isn't to say they should do it all the time, it just means that they did it once to help the nation and it did and now they can go back. The bad inflation is the one that happens unknowingly, this was calculated move.
2207  Alternate cryptocurrencies / Speculation (Altcoins) / Re: PolkaDOT on its way to $100. on: November 22, 2021, 08:40:18 PM
After reaching an ATH of ~$50 in May, 2021 and a decline to $10 in July, DOT managed to get back up and running towards a new ATH and it crossed the $55 mark till now. But while seeing many shit projects making even 100x, I believe that DOT has a chance to make at least 10x of that $10 decline and continue its parabolic run until it reaches $100 based on the recent PolkaDOT Parachain (Slot) Auctions being conducted. Below is the weekly chart posted which looks like an amazing opportunity in this coin and can give great returns during these two months. I'm parabullish (parabolic-ally bullish) on DOT, what are your thoughts?


How could it be reaching to 100 dollars "soon" when even the ATH price of it is 50% lower than that mark? I get that some people could be getting a bit more hyped about some coins, and yes DOT is a great coin as well I agree with that.

However, just because you have seen it up a little for a while or get close to HALF of what you think it will be, doesn't justify all these predictions if you ask me. Just let it be and I am sure that we are going to see it become 100 dollars one day in the far future, not going to happen right now but I believe that if we keep pressuring it to become 100 dollars constantly then we are going to be upset when it doesn't and that will hurt us a lot more.
2208  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins have the potential for growth? on: November 22, 2021, 07:28:09 PM
I think this is a good reason why all these coins should go up in value after the bridge is launched.

Nowadays, people are again hoping that other altcoins will follow in his footsteps, but there are no guarantees if we look at current market conditions.

What are your thoughts on how polygon, stellar and newcrypto will work together, and what other altcoins might grow in the future?
Polygon has been one cryptocurrency that has been on the trend list this year, and so far I believe that it would be a good coin that would maintain a good level of growth as time goes on. As for Stellar, I was investing in it earlier when it was came out, because it looked promising and I also got the airdrops they did when they released earlier, but as time goes on it started to depreciate heavily and seemed like it wasn’t going to make its way back up again, so I had to give up on it.

Well, later I came to understand that it is how it’s going to be, because new projects tends to start with high price and when the projects finally launches, they lose value because a lot of people rushes to sell their coins. But right now I seethe possibility for this coin to still get back up, and that will likely happen in the future.
2209  Economy / Trading Discussion / Re: Things to know before trading. on: November 21, 2021, 09:31:51 PM
your analytical and management skills are the core part as the deciding factors for your consistent success in all types of trading. But, being dedicated and fully committed toward the preparation of successful trading is self driven which means it cannot be learned from books or videos but should be developed by our own interests. I agree that we will become more dedicated and committed when our trading support us for a living.
Yeah, I agree. The most important part about this situation is that not everyone will approach trading the same way and you should not follow others and how they are trading just because they do it. I have to say it is very clear to me that we are in a situation where people are not really trading based on how they would like to, but what they believe others are profiting with and that results with different outcomes.

The reason for different outcomes is that you are not really there to make a profit based on what others like to do, if you do that then you are going to do different things since you approach it differently and you will end up losing, we do not all think alike. So, try to find what you like to do instead of what others do.
2210  Economy / Trading Discussion / Re: Fundamentally good coins on: November 21, 2021, 04:33:40 PM
Which COIN do you think has a long term good fundamental future? Despite the TOP coins, that you think has strong team, model and in long term they will create the value.
Are you looking for coins that are new in the market or you are looking for coins that have been around for a while? There are so many good coins in the market with a good team, it's just when you become a part of their community that you will be able to know whether the coin has a really strong team or not. You won’t be able to tell whether a coin has a good team when you are not even part of it.

But, when you become a part of the community and you are always active on their social media platforms, you will be able to tell that the teams are really working hard, and the project will be successful in the future.
2211  Economy / Economics / Re: Introducing a state-issued cryptocurrency on: November 19, 2021, 08:05:40 PM
Union Finance Ministry has take a decision on a state-issued cryptocurrency soon but ban all private cryptocurrencies. The VHP leader had sought a ban on all cryptocurrencies alleging its usage to fund terrorism, drugs and other 'anti national activities'. As all private cryptocurrencies are still not considered as legal tender or coin in India, but the govt may introduce an official digital currency in India.

I think its a good decision by government.. What you guys think about it?
You think it is a good decision by the government? What makes you think that banning Bitcoin is a good decision? They could have introduced their own digital currency without banning Bitcoin. All these things are unnecessary, and moreover they can’t even provide any proof that bitcoin is being used as a means to fund terrorism,all these things are mere assumptions.

People have been funding terrorism even before anyone thought about Bitcoin or anything cryptocurrency. Anyways, the government will always look for any excuse. Of what difference will their CBDC make, is it going to be better? Apart from the fact that it will be fast and make transactions less cost, it is still going to be the same Fiat.
2212  Economy / Economics / Re: Fiat banks and the government. on: November 19, 2021, 06:46:24 PM
Can the banks challenge the policies from the government? Are the banks working for the people or the government? is there any possibility that banks can operate freely entirely from government policies?
This question is not at all making any sense to me because banks are just the representation of government financial activity and how you could expect them to be working for people? Definitely banks are working for government and it will make profit for governments by basically lending to people.

I am not seeing any possibilities (even private sector banks) to be operating entirely free from government policies and regulations.

Moreover, for the exact purposes as per you have asked here, we got decentralized banking system in the name of bitcoins. It is definitely free from all government policies and all kind of regulations but only when people are looking for all their activities in crypto space in the decentralized way.
2213  Economy / Trading Discussion / Re: Traders always learn to leave when the ovation is loudest on: November 19, 2021, 04:19:30 PM
This is important to a day trader. I like to relate this to comedians. In comedy , I see that the comedians usually leave the stage when they have made a hit joke that cracked audience up real good and they just tell you there time is up and at this time the applause is higher the more. This leaves the comedian happy in his closest while the audience too enjoy the feel of their money.

In relation ton trading too , when you are at the top of your profit and you are not sure or certain of the next market spike or movement, instead you waiting for take profit you can exit the market and go with happiness with what you made already before price crash because most times when ovaction is laudest, some audience might start "criticizing and you get a wipe"  Grin
A lot people are never going to leave because their desire to get more wouldn’t let them. There are so many people who would get a good amount of profit, but for the fact that the market is still increasing and being hyped, they would decide to keep on holding their coins and not take any profit at all, until the market would eventually come crashing and they end up losing the profit they have made.

Even if you can’t leave the market entirely, you should at least take some profit. That way, if the market should go down in any way at all, you would know that you still have gotten something that would call a profit. Better to have a half bread than have none.
2214  Economy / Trading Discussion / Re: Investors their mind on: November 19, 2021, 12:16:59 PM
There are investment plans that are not being followed by the investor if they get excited and become greedy. Going with the plan is easier when you don't see that many gains because every single gain you make is actually good and satisfying to you.
Altering our plans according to market condition may lead to unwanted results if you do not have trailing stoploss levels. Moreover, market hours are not a good timing to make adhoc decisions. Because, your decisions will be influenced by ups and downs of market conditions and not by your entry price or your goals. So, setting up goals when we are not watch market screens and when our emotions are at stable state must be a good idea to follow.

When considering bitcoin investments and investors, they may not lose big due to market time decisions still bitcoin market is easily fluctuate more than 8% in 24 hours hence you may end up losing some 5% of profits if you make unplanned decisions during high intense market hours.
2215  Economy / Trading Discussion / Re: What is Bitcoin up since after Dump? on: November 19, 2021, 08:26:10 AM
This is a part of the bull/bear cycle, nothing to be afraid of, happens every few months and the point is to remain pragmatic about movements and capitalize on the fear in the market.
It seems people are always looking for reasons for every pump and dump which makes me to assume that they are not at all ready to understand the basics of bitcoin and the nature of a volatile market. In my opinion bitcoin market does not need any special news for pumping and when people book profits then it will have some corrections. So, rise and fall are just part of bitcoin market always.

I don't even believe that this sudden dump will last longer, it seems to me refueling the tank to become skyrocketing again.
Yeah, when bitcoin market is failing to break a strong resistance level on the first attempt, then it will come down to gather volume and then it will start a new rally. This time bitcoin market failed to break resistance levels around $68k to $70k levels hence it was expected to go back up to $53k levels.
2216  Economy / Trading Discussion / Re: Learn more about trading on: November 18, 2021, 09:58:53 PM
What are some of the best ways to learn more about trading?
I do not really know what I should be doing to further it after years though. I understand that how to start is an easy thing, but that doesn't really change much when it comes to regular stuff when you already know all the possible small stuff are already done. This is why I believe that there is going to be some sort of situation where I am stuck and I do not know how to further my development to bring myself better.

I hope to reach to a level where I will find more room to grow, because I know I could get better because I know the results and that's why I believe that it could get better since I am not getting amazing returns. All I just hope for is the fact that maybe I could find things to study that I never heard of before and new paths to take.
2217  Economy / Speculation / Re: Which one gonna come true ??? on: November 18, 2021, 09:30:41 PM
it's actually good that we still have this kind of accumulation in the middle of a bull run.

Another perfect opportunity to fatten our wallets with cheap bitcoin at $59k. The thing is that it seems that our mindset has been set to a parabolic rise to 6 digits at the end of the year.

We might see $100k, but it might take some time and it won't be very easy reaching that price as we will have to go to many periods of accumulation, and correction along the way.
There are a lot of people who miss out on these "cheap" prices, I believe it is still not cheap, we are a lot higher than what it used to be and that's why I believe that we are not really cheap but at the end of the day we are talking about something that is still cheap compared to what it was just recently. Then when it goes to 100k or whatever price it goes up to, people will complain that they missed out on buying cheap and they will say they wish they got in and they say "if I got bought bitcoin at 60k then I would have a million dollars now, but I missed out and didn't buy" and talk about it constantly. It just doesn't make sense to me, but in the end there are tons of them around.
2218  Alternate cryptocurrencies / Altcoin Discussion / Re: Will MEME coin rule the world? on: November 18, 2021, 09:13:41 PM
I neither trust nor support meme coins but we have seen meme coins like doge and shibu making extensive gains especially due to Elon Musk but we need to understand they are not contributing anything to the technology and not helping us in any possible way when it comes to real life, it's basically some smart traders making fortune out of Elon's support for these coins a s one man cannot run the show everytime. If you would have noticed there used to be pumps like 500% or 5x when Elon Musk uses to tweet about doge earlier but now we hardly see a pump of 5% which hardly lasts 5 mins.

I think we all need to start focussing on real deals like those altcoins which is helping us to make our lives easier.

This memecoin bubble was earlier known as shitcoin and let's not forget they have no real life use and refrain from getting trapped in these coins.
Elon Musk is a problem in crypto, that is really something that I wouldn't leave behind for whatever happened neither. Regrets or complaints do not make any improvements in life, it just doesn't change anything if you keep on complaining about Elon so I stopped it. What we need to do is focus in the future of cryptocurrency and not what we had in the past. What Elon did was something we should have avoided as long as possible and yet it happened and unfortunately that is our past.

If we keep on talking about Elon "increased" it into a bubble and yes helped people to increased the price but also will result with a lot of people to lose money in the end. Just let it be and focus on how we could improve in the future.
2219  Economy / Trading Discussion / Re: Need advice regarding buying on: November 18, 2021, 07:42:26 PM
To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more
Yes, the current market situation must be very good option for all regular buyers because they could enjoy some big discounts right now. If you are into DCA you then you should keep on buying regardless of whether market is into bullish trend or bearish trend but it seems OP is not doing as per the requirement of DCA then I guess he will not be able to enjoy the benefits of doing DCA.

with more and more professional people getting in the crypto world we are talking about crypto a lot more in good light.
When all existing bitcoiners are inviting their friends/colleagues/neighbors then we can expect exponential growth of bitcoin value. I am sure this is what exactly going to happen because people are expecting bitcoin to be valuing around 1 billion dollars in next 40 to 60 years.
2220  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is burning coins good on: November 18, 2021, 02:47:00 PM
The burning of coins can talk about the upcoming expansion of the project and a possible increase in its value. For example, after the recent announcement of a collaboration between Polygon and Newscrypto, the latter announced that they decided to burn $ 10M worth of NWC tokens this year. Consequently, in the near future, we can see a significant growth of NWC price on this news. What do you think about burning coins? Does this really affect the market value of the coins?
The thing is that I don’t get why all these projects will start a huge amount of coins, knowing very well that they would end up burning almost half of the coins later. What’s the need for all that? Isn’t it all an unnecessary process? Since they know that they are going to end burning almost half of the coins later on, it would be best that they just start up with a smaller or the exact amount that they would prefer, than starting with a huge amount and then burning them later on.

I just don’t see the need for all that. This is not something that I would see frequently before, but now it has become a trend that almost every new project now wants to follow the trend.
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 ... 245 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!