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May 13, 2024, 02:54:39 AM *
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101  Economy / Speculation / Re: Will BTC dip again? on: April 15, 2024, 09:05:28 PM
We have longed stayed on the dip and its high time that we also have a sustained bull market to make the crypto investors profitable, we are not likely to have any bear market that will render us into dip as we already had before, we are enjoying the bullrun already and anticipating for more all time highs on crypto markets, if there should be any signal or indication for a bear market to go dip, such may be next year and not this time around.
Bitcoin price dumped a lot today but it is not a big problem as we can believe that Bitcoin will not dump much yet Bitcoin price is undergoing some correction and slowly trying to set a strong stable price in 70k. Bitcoin price has not risen much since the previous ATH. So we can expect a new ATH at a bigger price. But we have to be patient to see and enjoy it. And if you want to enjoy this opportunity, there is no alternative to long-term investment
that is why I normally say that bitcoin price which is not believe or trust in the price of Bitcoin because the price always increase and also decreases so therefore whenever the price decreases in value we should try to utilize the opportunity because in the next two days the price might not be at that particular value so any opportunity we see in cryptocurrency we should try to utilise it I'm not sure that the opportunity does not pass us by
102  Other / Beginners & Help / Re: Do not forget your Bitcointalk account password!!! on: April 14, 2024, 11:23:48 PM
The importance of having a verified email in your bitcoin talk account is because the management of this community of Bitcointalk today to reinstalled the users of this community through their email verification and if you don't have a valid email that carries or linked to your account, I believe that you will totally lost your bitcoin talk account so it is good to use a verified email to register your account, even though you have not used a verified email to register account you you can change the email and use a verified one before there will be issue or replacement will come in the community of bitcoin talk
103  Other / Beginners & Help / Re: what would I do, if I paid for coin and the seller refused to release it. on: April 14, 2024, 11:18:59 PM
something triggered me to ask this question, As a new trader As I am, we know very well that binance is no longer in Nigeria any more. some weeks ago I paid for particular coin and the seller refused to release the coin to me, the next thing he do. He went Off line for about 3 hours before coming on line again,at the end of the day he released the  coin to me after 3 hours. because binance security was so secured, if the person doesn't want to release the coin.you can quickly go to appeal and everything will be settled, after giving them the screenshot of your payment receipt.
Sometimes you might enter into the hand of the so I want you to understand that scammers is everywhere and since binance is not into existence in Nigeria many exchange platform will they come up and if you mistakenly join them you might be scam because nobody knows them and they want to utilize the opportunity since a bigger exchange is not in function in Nigeria in a longer. So the solution of your problem is that you have to contact the support team of that exchange and they also submit here receipt ID to that support team of the exchange, what will be indication that you have paid and not yet to receive your coin you have paid..
104  Other / Beginners & Help / Re: How I almost become a millionaire on: April 14, 2024, 11:14:00 PM
In the year 2010,my best friend introduce me to cryptocurrency and he advice me to invest in bitcoin. I felt bitcoin was another ponzi scheme created by scammers to scam innocent people. Today my friend is a multi Millionaire. If only I had listened to his advice,I would have become a millionaire by now.
what I want to advise you is that in anything someone is introducing you and they don't really know the thing I would like you to make a proper research on your own to understand more of what the person is trying to introduce you, because I could remember far back 2010 many people is ignorant of Bitcoin but today those people that rejected Bitcoin have accepted bitcoin now the reason be that they have not carry out a research to know how productive will be Bitcoin in future before the rejected Bitcoin so you have to make a research for anything someone is introducing you to before you join whatever they are introducing you
105  Other / Beginners & Help / Re: How to be more visible in the forum as a beginner on: April 14, 2024, 11:11:01 PM
The only thing that will make a beginner to be visible in this community is when you are making a good suggestion to the community towards the comment of people so when your comment is pointless that will make people to disregard you or to avoid you as a beginner but when you're comment is basically on research and it is meaningful you can be known in any board that you post, what matters a lot in this community is the quality of your posting so when your quality is low it will be hard for someone to know you but when your quality is high many people will also know you in the forum waiting interval of 2 months you have stayed in the forum.
106  Other / Off-topic / Re: What meaning do you find in scammer and spammer…..? on: April 14, 2024, 11:06:17 PM
Scammers are those people who deceive people to take what belong to them so that is people that call scammers and we have a different way to know people that is a scammer because they come with the different method of lies in other to convince you to accept their wish so those people are people that we have to understand things. From my own understanding to maneuver scammers is that you have to make a proper research of anything someone is trying to convince you to know if what the person is saying is truth or not before you can be able to inventure into it, especially their products
107  Economy / Economics / Re: Accepting Bitcoin for paying tax on: April 09, 2024, 10:22:52 PM
That is the indication of legalization of cryptocurrency in that particular City or town because if a bitcoin can be accepted as a means of tax payment that means government have accepted the use of cryptocurrency especially Bitcoin in that particular country, so therefore I believe that very soon every country or most of the prominent countries only accept Bitcoin as a legal tender because for it to be the means of payment of a tax that means it has indirectly become a means of legal tender and that particular City or particular nation... I know at what you are discussing here is based on assumption because it has not been officially announced that a particular country has made a bitcoin illegal tender or publicly you can shop with a Bitcoin in the most of a their supermarket or use as exchange of goods and services.
108  Economy / Economics / Re: how to survive inflation and economy hardship on: April 09, 2024, 10:17:02 PM
From my own Theory inflation is caused by lack of government handling the situation of the country economy so I believe that that is one of the thing that causes a hardship in the country so to handle it or to control it in a country even the increment of salary cannot make the equation to be balanced or to be on the statistic equilibrium can of balance so the only thing that they can solve the problem of hardship or inflation in a country is when there is employment opportunity and there is also a regulation of commodities by the government so if that can happen that country will you survive from inflation.. secondly a creativity and innovation can be also be a pathways of surviving of inflation in a country because being creative can also be a means of income generate
109  Bitcoin / Bitcoin Discussion / Re: Do we really need to blame fraudsters on: April 09, 2024, 09:59:17 PM
People get scammed in the crypto space and in every other sectors mainly due to negligence or inexperience, either of these reasons will give scammers the opening to take advantage of loopholes to defraud their victims. The worse case will be for someone to be scammed as a result of inexperience, despite your intelligence, you can still be scammed in something that you're not familiar with,that is why you need to be careful about any offers or directions on social media. Don't click or believe anything or information that you're not familiar with, ignore or research first before engaging in them.
I will say that the people scammed with cryptocurrency especially Bitcoin based on if you have a fastest ways or speed of sending funds across intercontinental, so is not that bitcoin is a means of scam because scammers also uses money gram and waster union to scam people also, but while people is curious and lamenting on bitcoin is bitcoin is not supportive by the government and some countries who took it upon themselves, so I believe that bitcoin is exceptional and with the level of adoption and awareness of bitcoin which has proven all the allegations alleged by government and haters of bitcoin wrong.
110  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the best asset for investment currently? on: April 09, 2024, 09:46:30 PM
All those things you mentioned so far those things basically is on the centralize, but I believe that why bitcoin is different from all of them it is because it is a decentralized digital currency, so I believe that Bitcoin it is a decentralized and nobody knows it documentation and the government cannot control it the way they control the list you mentioned above, the reason while more people are embracing bitcoin is because it can not be created but only because of its privacy, the privacy of bitcoin is what makes the people to embrace bitcoin and it's  adoption.

~snip
"Why is Bitcoin the best asset for investment currently?" - maybe because this investment asset brings crazy returns, incomparable to the profits received from building real estate, issuing shares, printing fiat money, or mining gold.

Bitcoin is the most talked about crypto asset for investment due to its hype. Long drops, sharp rises in value, intermediate oscillations similar to a roller coaster, multiple increases in price - all this doesn't leave ordinary people indifferent, for many of whom this is a ticket to a happy life, but few dare to take risks. Therefore, discussions about bitcoin don't stop, even in the central media.

People's interest is not due to the reduction every 4 years in the amount of mined bitcoins, but due to the fact that this leads to an increase in price. People are attracted not by the limited bitcoin's emission, but by the speculative nature of this crypto asset. That is, the opportunity to buy cheaper and sell more expensive. I would say that most people don't care about the technical aspects of bitcoin.
while bitcoin is exceptional is due to it can’t be controlled or regulate by government and among other digital currencies the privacy is higher than others privacy, the investment of Bitcoin may not give a profit a real estate may give because the price of bitcoin is unpredictable and the market can interchange at any given point in time, so that is while it's unique among others..but when you invest in bitcoin  for long-term and you purchase when the price is dip it's when you will be of benefit during the bullrun, so the profit hits like jackpot price and it's reason while it's unpredictable.


The major reason why Bitcoin is considered the best asset as far as investment is concerned is vast but the definition we give is based on how we know it and how it has helped us financially. Nevertheless, the reason why Bitcoin maintains its rank as the best investment asset is because of its consensus mechanism, decentralization in nature, divisible, mobility, limited supply, censorship resistance, antifragility to attack, volatility (which is what technically impacts the historical surge in the price of Bitcoin), etc.

The major reasons people see it as the best investment are the profitability, consensus mechanism, and decentralization.
the reason while people adopt Bitcoin, is base on individual mentality, because I know very well that decentralization should be one of people invest on Bitcoin, because that decentralized bitcoin is today is what makes it to have a privacy, so the privacy of bitcoin will determine and it's height of profitable when you invest on it is what makes people to like bitcoin..shall different people have different reasons while them involve themselves into cryptocurrency investment mostly bitcoin.
111  Bitcoin / Bitcoin Discussion / Re: What is a best way of taking advantage of BTC dips when away? on: April 09, 2024, 09:08:19 PM
You can only buy Bitcoin when you are available but when you are not available you cannot to buy bitcoin except you set alarm for yourself neither for the exchange you are using to buy the Bitcoin or the platform that you want to buy the Bitcoin so that when the particular price that you fix to buy is available they will notify you but in a process whereby you are not available don't think that you will be able to purchase a Bitcoin without this procedures point out.

You can use Bisq because you can sell at any exact price you want, I don't think there are no KYC P2P have buy order feature, both seller and buyer need to be available.

Bisq is a decentralized exchange, so technically it's under your control. The cons in Bisq is the rate, even you see the current Bitcoin price in many sites is $68K, but in Bisq it could be still at $70K due to low volume.

For alternative you can use bot that will send a notification on your email/telegram/sms https://cryptocurrencyalerting.com/bot/telegram

Then you send your coins to CEX, if you want to get the best rate.
the only way that he can get it right is by placing a notification neither for the email that they will notify him or from the platform neither the exchange alarm notification, these are the two places that they can easily notify him or her for buying of Bitcoin or any other coin and that can happen when you are being verified to the platform because if you are not verified I don't think that you'll be able to have their notification depending the kind of platform you are using.

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.
that is right but most of the exchange is now I'm making use of P2P it is very difficult before you say exchange that is not making use of P2P for their transaction, but I think that this your suggestion is a perfect one someone can be easily purchase a bitcoin based on it limitation from the platform
112  Alternate cryptocurrencies / Altcoin Discussion / Re: So Solana is 20x up but Ethereum is dying, yet for years ppl shill Eth why? on: April 09, 2024, 06:31:39 PM
Solana is doing well but it is foolish to assume that Ethereum is dying. Ethereum is far bigger than Solana and its ecosystem is bigger than Ethereum itself. It is because of its ecosystem that Ethereum will not die. The reason why Solana is not trending in the crypto world is due to the meme coins that are in its ecosystem and the way it is going it might get known only for meme coins.
that is it's on assumption because I believe that it to come out with this theory and analysis I believe that it has not made a research properly to confirm the comparison between solana and the ethereum, everyone who knows ethereum will a likely invest in ethereum more than solana because in the group of altcoin I will say that ethereum have more potentials than any of the altcoins so I cannot see any comparison between solana and the ethereum because it is recently now started having a greenish color in the market so I believe that ethereum is more potential and if he asked me to invest today it is ethereum that I will invest on instead of investing my capital to solana
113  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana - worth it in 2024? on: April 09, 2024, 06:12:06 PM
Recently I dived more and more into the solana altcoin and I wondered wheter it is too late to jump into it or not?
the thing that I will let you know is that many people ventured into investment to when they see that there's acceleration of bitcoin increment in the market so solana coin has been into existence for long time and it is started gaining positivities in the market due to the recent increase in Bitcoin and it may likely to fall based on if bitcoin lack increment, for my own observation I will like you to to make a proper research of a solana if the coin will continue to have a good value after bitcoin has dropped in the market so if it is something that will not continue to have value when bitcoin drops, I will advise you to spread your investment.

lots of people do not want to buy solana anymore because they believe that its peak has passed and if you buy now where the price has increased, it’s never going to pay off

Where are these people who do not want to buy Solana? This is not the ATH for Solana there is current bad news on Solana which is why it keeps declining but I believe it's not the last highest price for Solana.
It's currently having issues or bugs related to transactions and they are planning to fix the issue next week by April 15 it is not only Bitcoin having issues with the network congestion Solana also experienced this too once they fix the issue expect for the price surge.
that is what I've been emphasizing that they should do make a research concerning this solana that everybody want to invest on because it has been long solana come into existence and for it to have this positive increase it is because of the recent increase in Bitcoin that's Skyrocket the market price of solana.. so for the people who invest in solana coin and also want to invest more currently should the follow this your advice, because I know quite well that this coin may have issue in future so which I'm not aware of their issue except this your theory or research you made.

Recently I dived more and more into the solana altcoin and I wondered wheter it is too late to jump into it or not?
For me, when it has reached $100, it was too late already. But then looked at how much it is right now. I am giving you the idea when we think that we're too late. It could be right or wrong and that's why no one can say if you're already late to jump on the bandwagon or it's still too early if the pump is going to continue. That's why if you're deciding to invest on it, you don't have to ask other people for it whether you should invest or not but as part of your research, it is one of your deciding factor whether you'd do or not.
anything that has to do with the cryptocurrency investment you cannot be late for the investment because two things are involved into cryptocurrency investment neither you lose or you gain for the investment, that is why we have a tax to do whenever we want to invest in any cryptocurrency investment we have to make an adequate research to know if the coin we are going to invest is going to be positive for us before we ventured into the investment, in summary no cryptocurrency investment that you can invest today that how we said you are late for the investment because there is a every possibility that the coin may increase unexpectedly and there is every possibility that the coin mighty die of during the process of investing on it.

Don't make the mistake of thinking it's too late to enter into Solana, I sold it between $60 to $80 and then when it touches i thoughts is too late but we have the results in front of us and moreover it's not the ATH of Solana and we can expect the price to surge even further when they fix the network congestion which has caused some dip recently.
your point is exactly what I said, because the future of cryptocurrency is unpredictable and the anything can happen to it at any point in time, bitcoin investment is something I know quite well that you might invest on it today and it falls drastically, what I know concerning cryptocurrency, is that it has to do with unexpected time, you invest now and the price appreciate in the market and you may invest another day thinking that the price will continue moving up and the price drops.
114  Alternate cryptocurrencies / Altcoin Discussion / Re: Unbacked stable coins are a big danger on: April 09, 2024, 05:51:33 PM
I will say that the major reasons why people invest in Bitcoin more than altcoins is because of Bitcoin is more valuable and is more reputable than them, so when you come in terms of comparison between bitcoin and the stable coins you can see that bitcoin do appreciate in value and the altcoin sometimes does not appreciate in value like Bitcoin so that is why many people ventured into bitcoin investment more than unstable coins

The definition of stablecoin is, that USD or any other fiat backs it.

This is free market, everyone can launch their own project whether it'd value depends on its demand and supply or like USDT, its value is pegged to USD but we never know the creator actually has reserves for the printed tokens or if they just do it out of thin air that's why it's not suitable for holding and people mainly uses it for trading.
you are right but the thing is that sometimes those coins or those tokens we think that is not going to be valuable later after people have know them and they gathered influence they can be valuable, most of the tokens today that is valuable in the market started one day and today they are recognised, even bitcoin it happens to bitcoin also because when it started many people who is around knows bitcoin today did not values it when it starts.

Stablecoins as the name express is greatly known for its suppression to fluctuation and volatility that other cryptocurrencies like bitcoin is known for. And it's as a result of the nature of their stability  that traders hold their asset in stable to retain it's value within the short time before use for trade. Hence the stability, a lot of persons have made losses leaving their money in a stablecoin project that was built on a scam exit plan.
that is why it is advisable to make a necessary research in any of the altcoin project that you want to invest on because so many of the altcoins is not a project that you can invest on without a proper research...if you don't want to be scam in new launched project make sure you check the method of the awareness, its the awareness that will determine if the project is real or not, many people who invest in such projects do make research properly before they invest on it.



Unbacked stablecoins should be illegal



Well, that would require government regulation, and all the crypto enthusiast think that it's the root of all evil and the government shouldn't be trying to protect them from scams. A lot of things in crypto should be illegal but aren't because regulators don't want to tire themselves with the hard work of enforcing bans. For example, creating a token with a promise that it will work and have some features, and later failing to deliver that due to lack of trying is essentially a scam, yet it has never been classified as such so scammers can completely legally do that.
that is why I have been emphasizing on research because if you make a proper research in any of the token Project that you want to invest on that will be enable you to know if the project is a scam or not a scam because through that you know their objective of existence, I don't think anybody is ready to figure out a project that is a scam or a project that is not a scam so provided that cryptocurrency is involved they may be existence of a scam project token.
115  Alternate cryptocurrencies / Altcoin Discussion / Re: how do you think meme coinis? on: April 09, 2024, 04:24:20 PM
I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?
is not all coins you see in the list that is what to hold or to invest on, before you invest on any coin you have to make an adequate research to ensure that the coin have a value and you will also have a long duration before it is start to fall or loss value in the market that is why it is advisable for any investor who is trying to invest in meme coins to make a proper research knowing that two things are involve for investment of meme coins neither you invest in the wrong one or you invest in good one it is based on your research that will determine and also differentiate the good coin that have a potential and the bad one that will not stand a bearish season.

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?
There are hundreds of topics about memecoin on the forum, and if you search, you will find everyone investing in them because they expect to make profits, but the percentage of those who get a good profit compared to other alternative currencies is not high, as memecoin is not a golden investment or a free opportunity.
I will say that why people like to invest in memecoin is because the profit that is involved into the memecoin and they seen a memecoin like what will give them triple of profit than a coin that have a potential they know, so I believe that may people has experienced both good profit for investing in memecoin and some also has experienced loss for same investment, like what I portray before that the major reasons while they mostly invest in memecoin is because they want to make a profit, that's while when them fails to understand the concepts of memecoins they fall into the negative side of it.

I am sharing my personal opinion as I consider memecoins as nothing less than gambling because the projects don't have anything to offer as a technology or solutions and the profit and loss are depending on luck as it can give you 10x or 100x or else it can turn your capital into zero in no time. I wouldn't suggest anyone to invest into memecoins if they are looking for genuine investment but if you are considering it like gambling then go ahead. I don't find any realistic use case of memecoins and there are hundreds in the market.
It's better than gambling because you can make a research of the project and know how productive the project is going to be, through your research you can know a good memecoin that will yield positively and will be long lasting coin even bearish season will not have much effect on it, but gambling no amount of research can convince in gambling, you have to know that gambling is not something you can use and compare with memecoin investment, I know that both is a risk but the memecoin investment is more preferable than gambling.
116  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoins or Fiat? on: April 09, 2024, 03:58:56 PM
When planning to protect yourself against volatile crypto market prices, which type of currency do you prefer? A stablecoin, or a traditional Fiat currency (USD, EUR, JPY, etc)? Why did you make that choice? Would you prefer holding either currency long-term? Or crypto is better for that?

Your input would be greatly appreciated. Thank you. Smiley
from my own perspective I don't think that holding a Fiat currency have any advantages because holding a Fiat currency will not add any value instead of that the value will continue to depreciate so one thing I understand through holding of Fiat currency is that it will be easier for you to spend but I will acknowledge the fact that holding of cryptocurrency will add more value because it is an asset so it can neither increase or also decrease in value so this is the two advantages and disadvantages that is into holding of a cryptocurrency, me I prefer holding of cryptocurrency more than any of the option.

To be on the safer side, I prefer going both ways in order not to make a great mistake. Like the way my local currency value is fluctuating, I can't take the risk of saving all in fiat.  

Aside from holding a few cryptos like the ones I trust to hold for a long , I prefer to hold much of the stablecoin, which is pegged to the USDT, than my local fiat.
 
The USDT has been gaining value over my currency, which saves me a lot when the value reduces, and also puts me on the safer side in case my local currency gains value over the USDT.
in the aspect of holding an altcoin for long time it will have advantages and disadvantages and for you to hold altcoin you have to make sure that you are holding the one that I have a potential and the one that is reputable in the market so not any notcoin that what to hold that is why many of us venture into disadvantages aspect of altcoin investment you must verify and understand the procedures and who is the furtherance of that particular Project before you hold.

to protect myself from the volatile crypto market, maybe i will take stablecoins like usdt to protect my assets from the volatile market. because i can't rely on my country's currency which is currently unstable due to political turmoil and i don't want to risk my assets losing value due to this. so choosing usdt stablecoin might be the best choice, since it's more stable and i can convert it faster on an exchange if i ever need to.
no one can agree to hold a Fiat currency so I believe that holding a Fiat currency is something that is not totally okay to anyone who is an investor because once you hold a Fiat currency with you made appreciate it based on the country inflation holding a cryptocurrency like altcoin especially the potential ones it will give you profit in future that maybe multiple of what your invested or what you hold, so in summary you should hold what will give us increase in future.
117  Economy / Trading Discussion / Re: advice for a beginner on: April 08, 2024, 10:49:28 PM
Well, I will also advise you to go on YouTube and check some trading tips and also take your time for some trading platform that is legit that is legit so you can know more on Trading and understand the step you need to take because you may not really know a lot. If you think you are ready, you will just end up on losing like you just lost some money. I will advise you to take a break, ask for advice like you did take your time watch some Trading tips before going to Trading again, because one thing I understand is everyone intention is to make money through Trading to it is necessary and advisable to take your time and avoid any mistake
going to YouTube to learn how to trade will also have the person to understand the basic concept of trading but it would have from being good for someone to learn try them manually and apply the use of online tutorial such as tutorial video through a YouTube to backdate itself in learning the basic concepts of trading, so learning manually should be the first someone who want to be a trader should do so that it will not get confusing by using online video or tutorial to learn the beginning to the end, the many losses people are getting today in trading is as result of not comprehending the rudiments of Trading and they join trading, online lesson will just make you to recall whatever you have learnt offline, so that is why is very important to learn and understand the basic theories of trading before you ventures into it.
118  Economy / Trading Discussion / Re: Wait for the right set-up on: April 08, 2024, 10:37:22 PM
People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

You are actually right bro, waiting for an opportunity before entering into the market is One of the safest way to navigate your way in the market, because trading is just like hunting for a prey, you need a strategy if you must be successful, and patience is one key that a trade needs to be successful, because you are more likely to win a trade when you are certain of a particular set up, than entering when not that sure, am saying so because as a trader that I am, I have tested this strategy, and it's has work for me severally, the only challenge is patience, because the market is very enticing, you will feel like that moment you are not trading, you would have made a lot of money if you had entered the market, and it's actually the psychological aspect of trading in full display, so if you are discipline enough and you decide to wait, bro, you will be very glad at the end that you waited, because it will be worth.
Perhaps, there is a right to start in all things and that includes trading. Preparation is what we meant and it takes time to do it. Might some people think it unnecessary but that is far from their imagination because that is truly needed in trading. We can't trade unprepared, that is the thing we should put in our minds. We have to use those early trader's experiences as our mirror, most of them suffering major losses due to lack of knowledge and skill and most likely it happen to us if we behave the same. Unless we don't care about losing.
If a trader don't care about losing it men's he is not actually a trader but gambler in disguise. Some of the traders that I know of that have been making trade losses something I discover from their losses it is not that they are not with sound strategic knowledge about  trading but that they are deficit of patience. They just could not wait a little much to see  a position confirm before they jump in. Wrong entering can make a trader lose opportunity to make what was ought to have been a profitable trade for him. That's why I don't undermine patience as a trader and a holder.
the thing is that we need to understand the scope of trading before we join trading because sometimes our problems come from lack of understanding the rules and the regulations of trading, a normal circumstances any good Trader must to venture into loss because no one is Master in Trading and immediately you get lost in Trading you will understand what makes you to get lost if you are a good Trader, because I understand that once you lose interest you are updating yourself more and more in Trading so nobody is Master of trading at the nobody will come out today they said that since it has been trading it has not lose once in Trading so your loss is what to make you to be wise and to upgrade from the point you are to another point.


People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

You are actually right bro, waiting for an opportunity before entering into the market is One of the safest way to navigate your way in the market, because trading is just like hunting for a prey, you need a strategy if you must be successful, and patience is one key that a trade needs to be successful, because you are more likely to win a trade when you are certain of a particular set up, than entering when not that sure, am saying so because as a trader that I am, I have tested this strategy, and it's has work for me severally, the only challenge is patience, because the market is very enticing, you will feel like that moment you are not trading, you would have made a lot of money if you had entered the market, and it's actually the psychological aspect of trading in full display, so if you are discipline enough and you decide to wait, bro, you will be very glad at the end that you waited, because it will be worth.

Discipline, patience are needed as traders in building our system and edge to make us profitable and successful as traders. Most traders tend to lose not because of ignorance  of what the market is saying but impatience to wait for the right set-up and moment to enter.

Waiting for the right set-up isn't  complete without taking the set-up which you were patient about.  So in as much we develop qualities in the market we should also milk it.
On the moment that you would really be hovering yourself into this market then you would really be able to make out those kind of realizations on which you would really be needing to apply it out specially that patience and good control of emotions on which this would really be something relevant.  There are really that those moments that it would really be testing out your patience, if you do fail then it could neither result into loses or would be missing out those opportunities that you might be able to face on. When dealing up with crypto space then it would really be just that a normal approach for you to have on having that kind of versatility
when it comes to opportunity hunting. Waiting for the right set up would really be always recommended because it would really be that pointless that would really be making out trade positions in a rush
because nothing beats out on making that best entry one position trade compared into those multiple ones but not even sure with those or not properly planned. There are really that significant differences
among the two.
the only thing you have to is someone who is into trading is still learn and understand the strategics point of trading because if you have understand the rudiment of trading nothing will make you not to no when you are supposed to entered into the market and then when you are not supposed to enter into market also, so we not waiting for the actual time to enter into trading it is based on we have not understand the procedures and the protocols of trading before we venture into it. So primarily from my own theory and observation you have to know the concept of trading first before you join trading that is my summary.

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

You are actually right bro, waiting for an opportunity before entering into the market is One of the safest way to navigate your way in the market, because trading is just like hunting for a prey, you need a strategy if you must be successful, and patience is one key that a trade needs to be successful, because you are more likely to win a trade when you are certain of a particular set up, than entering when not that sure, am saying so because as a trader that I am, I have tested this strategy, and it's has work for me severally, the only challenge is patience, because the market is very enticing, you will feel like that moment you are not trading, you would have made a lot of money if you had entered the market, and it's actually the psychological aspect of trading in full display, so if you are discipline enough and you decide to wait, bro, you will be very glad at the end that you waited, because it will be worth.
when you don't know how to utilize opportunity to enter into trading you don't know it at all, unless you have study and the milk your research concerning threading before you can wait for the opportunity and utilize the opportunity, in Trading there's nothing that is more than observation and they also research so when you have understanding this strategies very well I think you cannot venture into the advantages of trading before then you have already know what is going to happen in the market or you go out all the market it is when you have not study very well or make a properly search it is well you will eventually into enters into the advantages.

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

You can't do that if you're trading rightful, it's those traders that aren't trading in the right way that'll lose everything they have made from trading when one trade goes against them. Being a trader, we shouldn't trade without having our stop loss in place because when the market isn't going as we predicted, the stop loss will prevent us from losing too much. Stop loss will have you to regulate how much you want to risk losing when the market is going down. Waiting for the right set up of the market is a great advice as you don't have to be trading every time. Trading should only be carried out when you have studies the cryptocurrency pairs that you want to trade to see how they move in all market conditions before you buy or sell them. Waiting for the right market set ups prevent you from entering the market at a wrong time too.
it is not that there are not using stop loss method to trade but the problem is that some of the recent Traders is very greedy to the extent that what they needed in Trading is to make profit no knowing that two things are involved in Trading, neither you ventured into the disadvantages aspect of trading or you entered into the advantages of trading and these two things can happen to you when you lack the major concept of trading, so from your own explanation or Theory that you are right because stop loss is very important and it is used to control your risk level in Trading.
119  Economy / Trading Discussion / Re: How far can BTC go before halving? on: April 08, 2024, 09:48:19 PM
BTC touched 72k awhile ago which means it's still bullish and may continue through the halving. If this happens; it will be a change in price trend compared to it's historical data.
BTC is usually a bit bearish after halving which I usually see as my last buying chance but it's obvious institutional interest may change it's price action this time around.

I could be wrong but do we think we are gonna experience the same repeated price trend?

the price of Bitcoin is unpredictable so from my own principles of understanding Bitcoin I believe that right now we are in bullish season we are not in bearish season that is why the price of Bitcoin continue to increase but buying bitcoin now for storage is advisable and the also have a negative effect which I may say that  it will fall into disadvantages of investment...because It Might Fall based on the market now is not stable so whoever that saying that will experience more bully season after having so there is every tendency from my own observation that the price of bitcoin might drop or not, and after experiencing halving we don't really know if the price will reduce or not.

i think that bitcoin will only be able to reach a maximum of 75k before the halving, it may be more than that, but i'm not too sure that it can be more than that seeing that there are no factors that can push it further.
this is just like exaggeration and the speculation because we don't really know the actual price bitcoin will get to before halving so the price of bitcoin is unpredictable and I always emphasize on that, so the price of bitcoin we may say that the price may increase or not and it depends on the demands of the market and the supply, right now the price of bitcoin might not reach that seventy three thousand [73k] it was before the price started falling, the price of bitcoin that falls now starts when the price reach seventy three thousand and since then it has not reached or got back to the exact price value.
120  Economy / Trading Discussion / Re: Best altcoin now? on: April 08, 2024, 08:17:46 PM

Which altcoin shoud I be carefully looking at now as BTC goes a little down, do yoiu think..=?? Anything interesting in the trading platforms moving up against the other trend..??

Got an eye wide open on something very interesting right now, bnut don't know what you guys would  say about this at the moment...  Shocked)
 

Aren't you doing your own research, OP? because, after all, there are so many good altcoins with potential that we can actually buy. Especially now that there has been a correction in bitcoin, most of the top cryptos have also lowered their price values in the market.

Try checking coinecko dude or cmc about top altcoins and meme coins. Because what's trending right now are coins under Depin, Rws, and AI tokens.
And also add the top utilities under solana network.

if you follow the trend to trade or to invest. You have to be good at short-term planning. Trends developing in the market can change in a short time. it can be profitable but it can also harm you if you lose momentum.
like the Bitcoin pump momentum that occurred some time ago. that makes the market conditions of most altcoins also quite good. but if you enter at a time like that, then the situation will be different now when the market experiences a correction.
we have nothing to say concerning the best time to buy altcoins or any coins, what I understand in this is that coins have to do with the kind of project it's, because when you not know the quality of the project when you invest you might experienced loss, investors doesn't follow a trending coin to invest, any investors that follows that might end up losing its capital, because some of the altcoins might die off on the process of long-term and that  it's advisable to make proper investigation towards coin before you can invest on it.


Altseason is up by now but most of them nor reach their last All time high, take example ripple their ath is almost reach 3$ or something somif you buy now there's possiblity 100p% up.

But hot project right now is real world asset depin and layer 2 so make sure watch thoose project because this gonna be fire while waiting altseason
the best time to invest in altcoin is when the market is on the bearish and each of the coins will fall drastically, that is the best time to invest in altcoin will it be perfect because it can mistakenly invest in altcoin during the time of bullish and immediately we entered into bearish all the coins that does not have a potential will fall to the extreme, I believe that the price of bitcoin is something I know quite well that has to effect the price of altcoins so therefore altcoins is something I know very well that losses it value when bearish season hit it higher.
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