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1  Bitcoin / Bitcoin Discussion / Re: How to explain Bitcoin to Newbies on: November 12, 2021, 06:36:17 AM
Don't just look at the advantages of Bitcoin. Nothing is perfect. You can simply tell it about the shortcomings of Bitcoin, because Bitcoin is equivalent to money, you have to tell it the consequences of investment, no investment is always profitable. Don't let your friend invest just because you tell your friend that investing in Bitcoin can make a profit. When he loses money, he will be angry with you for this reason.
2  Bitcoin / Bitcoin Discussion / Re: Apple CEO Tim Cook invests on Crypto on: November 11, 2021, 07:07:11 AM
This is really good news, because it can bring new heat to Bitcoin. Cook is a well-known person and has many followers, so that more people can know about cryptocurrency. This is the success of cryptocurrency. Hope to see more similar news in the future.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: 'Squid Game' cryptocurrency scams $2 million on: November 10, 2021, 07:26:28 AM
This project became popular because of the increase in heat, and the early purchases could not be taken out, which caused the price to grow wildly. I didn’t invest in this coin either. I think it’s totally enthusiastic, and without the support of celebrities, it will die no matter what.
It's just that its price has picked up a bit now, and it's not worth everyone's attention.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Meme Coin Will Survive Long on: November 10, 2021, 07:17:39 AM
There are projects supported by whales or professional teams in the city, and influential people provide guarantees, but meme coins are generally high profits with high risks, and the cycle is relatively short, you have to seize the opportunity. In addition, you may lose your money due to the operation of the whale. It is best to learn to look at the market for yourself and make choices through analysis.
5  Economy / Trading Discussion / Re: Why bitcoin users should be careless about the price and trade bitcoin instead on: September 19, 2021, 06:39:16 AM
Most people still use Bitcoin for investment more. Some privacy-conscious people use Bitcoin for daily payments. With the legalization of Bitcoin in some countries, many shops and clothing stores already support Bitcoin payments. Daily consumption of Bitcoin has also increased. When we are accustomed to using Bitcoin for payment daily, everyone is not interested in Bitcoin investment.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not panic sell when there is dump on: September 18, 2021, 09:48:56 AM
We always make a lot of sense when we advise others. When you arrive, you will forget all your experiences. When we find that the price is falling, we may choose to wait and see. But when the price continues to drop, we will panic and sell our coins. One of the reasons we sell coins is because we don't trust this coin.
7  Bitcoin / Bitcoin Discussion / Re: Do you still have thoughts of picking Gold over Bitcoin, read this. on: September 17, 2021, 09:42:05 AM
I think it's okay to invest in gold or bitcoin. We have no right to decide what projects others invest in. I have many projects in the investment industry. Not only do I invest in cryptocurrencies, but I also invest in stocks, real estate, and of course a little gold. My opinion is that the eggs are not in the same basket. You can choose any project you want to invest in. Learn more investment knowledge and investment skills. Many projects are not of the same type and need to be understood. Be responsible for your own money.
8  Bitcoin / Bitcoin Discussion / Re: Dollar supporters destroy Bitcoin ATM in El Salvador on: September 16, 2021, 08:53:40 AM
Why is it so? If you don't want to use Bitcoin, you can continue to use US dollars, and there is no need to damage the machine. There are also many people who like to use Bitcoin, which causes inconvenience for others. Is this destroying public property? Should I be responsible? I hope someone can take care of this matter and it won't happen again.
9  Bitcoin / Bitcoin Discussion / Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ? on: September 16, 2021, 07:40:26 AM
This is bold and beneficial. As long as you are proficient in investing, you invest all your money and you get more money. But if you are still a novice investor, don't invest all your money. You need to have the remaining money for daily payment and consumption. It is troublesome for you to exchange money for something that requires funds. You can invest a lot of money, but leave a portion of it for daily life.
10  Bitcoin / Bitcoin Discussion / Re: If bitcoin go high the poor will not participate on: September 16, 2021, 06:49:44 AM
This is something that novices will consider. They will judge whether it is worth investing and buying at the price of one bitcoin. I thought this way a long time ago. I think Bitcoin is too "expensive" and I dare not buy it. Later, after learning to understand Bitcoin, I know that you can buy any price you want. If you want, you can buy Bitcoin for 500 dollars or 5,000 dollars for Bitcoin.
11  Bitcoin / Bitcoin Discussion / Re: The risks of using Bitcoin on: September 16, 2021, 06:37:07 AM
Bitcoin is our money. No one wants to be cheated of money by a liar for no reason. The risks in Bitcoin are also present in other industries. Nothing is always safer. We can only be careful not to be deceived. The anonymity of Bitcoin will protect our privacy very well, but it is also a shortcoming that prevents us from tracking the address where we transfer money to the other party. So that we don't get back the money we cheated.
12  Economy / Economics / Re: Bitcoin or altcoins on: September 15, 2021, 10:02:36 AM
Among cryptocurrencies, Bitcoin is still king and dominant. Altcoins will rise with the rise of Bitcoin. The price of Bitcoin will also fall because of the fall in the price of Bitcoin.
Many altcoins are developed based on Bitcoin, but altcoins also have mature technologies. The top coins in the coin rankings have developed very well. Bitcoin and altcoins promote each other's development.
13  Bitcoin / Bitcoin Discussion / Re: How has Bitcoin Changed your life? on: September 15, 2021, 09:38:39 AM
Become rich. Become wealth and freedom, and take a casual trip with friends. Have a warm family. I am very happy that I started with Bitcoin earlier. I just regret not knowing Bitcoin earlier. Learn about Bitcoin.
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: September 14, 2021, 10:02:28 AM
What you are talking about is just the shortcomings of Bitcoin. Have you not seen the advantages of Bitcoin at all? If Bitcoin is really bad, will so many countries make Bitcoin legal tender and legalize Bitcoin?
The country bans Bitcoin because they cannot control Bitcoin. There are also many countries that initially banned Bitcoin and later allowed the use of Bitcoin. Don't be influenced by some negative news.
15  Bitcoin / Bitcoin Discussion / Re: Shall We Hold Our Bitcoin Like Gollum? on: September 14, 2021, 09:37:58 AM
You will have a control over your own assets. When they reach their inner  price, they will be sold at a profit.
I generally hold Bitcoin all the time, and I believe in the value of Bitcoin. I have made a lot of profits.
And I will sell altcoins and some memetic coins for profit.
Everyone has their own combination in their hearts. Some people like to take risks, and some like to hold them securely and earn profits.
16  Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin on: September 14, 2021, 09:17:59 AM
Lack of self-control;
Too much knowledge of the latest market trends;
Delays in making decisions about difficult financial issues;
Leave the previous market uncertainty behind and think that both bull and bear markets are predictable;
The full energy is not concentrated on all the investment portfolios;
Avoid unfamiliar investment products;
Unwilling to sell underperforming investments;
The tolerance for risk always rises and falls with the market.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: How to understand that you are making a mistake? on: September 13, 2021, 09:05:55 AM
Every mistake is an experience. Some people will learn from experience. Someone will make mistakes again.
I buy coins every time the price drops. This is my habit. But some coins will die after I buy them when the price drops. So I will lose a lot of money.
But I can't change this habit. Maybe I want to learn more about market trends. Need to learn more about cryptocurrency.
18  Bitcoin / Bitcoin Discussion / Re: Reasons why government would like to ban Bitcoin? on: September 13, 2021, 08:34:35 AM
To be precise, Bitcoin cannot be completely banned at all. Because Bitcoin does not belong to a certain company or organization, it can be said to be closed. Bitcoin belongs to the tens of thousands of people who own Bitcoin. As long as there is a network, Bitcoin can survive.
To prevent money laundering and prevent illegal transfer of assets.
Bitcoin is a currency that cannot be regulated, so it must be killed in the cradle. However, Bitcoin has been banned again and again in many countries, and it has come back again and again, becoming more powerful.
Many countries have already recognized the reality and know that the wheel of history is constantly moving forward. Instead of being abandoned by the times, it is better to learn to keep up with the pace of the times.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it wrong to be a long term holder on: September 11, 2021, 05:53:01 AM
Everyone has their own target price. When the price is reached, it will consider selling or continuing to hold.
Generally greedy people will choose to keep holding. If it is Bitcoin, it is possible to choose to hold it. If it is a meme coin, you can consider selling it for profit after reaching the price in your mind.
20  Other / Beginners & Help / Re: How can I get merit as a newbie? on: September 07, 2021, 09:36:36 AM
I think as a novice, you should be familiar with the rules of the forum.
Merit is what everyone wants.
Your answer is exactly what others want to know, then you may gain merit.
If you want to make money on the forum, take your time, don't be too anxious, and don't send spam.
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