that, if not for bitcoin, I wouldn't have gotten all this knowledge i've gotten so far for free but all thanks to the forum and bitcoin.
Of course, I think bitcoin is the central point in cryptocurrencies. Around which all markets revolve (with some exceptions). Due to which traders gain the most focus and knowledge in the market on Bitcoin.If there was a possibility of bitcoin crashing like any other coin, then like you, we would not be able to gain knowledge about bitcoin. And we've seen this happen with Bitcoin before. But later it returned to its original form. This is nothing new, bitcoin is not destroyed, it will rise again and surprise everyone. |
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Your idea is not too bad. I like your idea very much because there are many people who want to invest in Bitcoin but because of their financial position, many people think a lot before investing. But you are saving a little for your investment even in your small earnings. This is very encouraging to those who want to invest in low income and what I think is the best idea of investing in low income.
In order to invest here, it is important to have income as well as knowledge about bitcoin. Because I have seen many people in real life whose income is very high. But they have never invested in Bitcoin e. They have found other ways to protect their money. So not everyone invests in bitcoin e. Only those who have faith and good knowledge about bitcoin always keep their bitcoin investment money separate from their money. |
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Depending on each person's income and circumstances, we will have different investment plans in bitcoin. So, I have no opinion on your plan because only you know what is best for you. But investing and accumulating bitcoin is not as simple as many people think, so I hope you will continue to learn every day to have a deeper look at bitcoin and have stronger faith in bitcoin. There will be many challenges waiting for you, I hope you can maintain your plan as long as possible.  Nice show of Image and yes , I can relate to this , as the crypto investment sometimes are easier said than Done. It's long holder btc road  But if you think of bitcoin as a dream, there may be another path for you. Because then there is no need for you to cross the road so hard. You just invest there and sleep peacefully. Like this photo you will cross the road in a helicopter (profit by investing in bitcoin). When the crossing is over (bitcoin goes up a lot), wake up and see that you have reached the point of success (investing profit). |
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Depending on each person's income and circumstances, we will have different investment plans in bitcoin. So, I have no opinion on your plan because only you know what is best for you. But investing and accumulating bitcoin is not as simple as many people think, so I hope you will continue to learn every day to have a deeper look at bitcoin and have stronger faith in bitcoin. There will be many challenges waiting for you, I hope you can maintain your plan as long as possible. Same path in real life for genuine, trusted and long BTC holders? It's long holder btc road |
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You have a nice plan. But should you always be careful that you are investing extra money in Bitcoin?
In my opinion it is always worth investing the extra money here. Money for which you have no problem in real life. If necessary, you divide your total amount further and invest a very small amount here. Keep more portion for your real life and deposit the remaining surplus here for your future.
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Of course, I also think that without Bitcoin, cryptocurrencies would collapse even more. But I think it won't. Because Bitcoin is a trusted asset. Everyone is more interested in investing in it than fearing its depletion. But of course it will never be fixed. There is no need to get excited about the situation when the market may change.This is due to the fact that the coins/tokens also fluctuate in price in the market and some tokens disappear from the market. But it does not mean that bitcoin will be exhausted. So we have to change our thinking. Because bitcoin is going to be stronger in the future.
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It is normal for him to be angry. Still there are many people in the world who do not believe about bitcoin and some do not know. They will never accept bitcoin as an inheritance of his father's wealth. Because they use bitcoin and don't know about it. But the work you have done, I think this work should be done by everyone. Only then will everyone be willing to accept this bitcoin as their property one day. For example, your friend learned about bitcoin from you and later accepted it as his wealth.
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In fact no one can make predictions that actually turn out to be true.
You are wrong. Those who master it can make correct predictions a majority of the time.
Yes, the prophecies of those who can master everything come true. But not all of them are predictions. A few of the many predictions happen. Because I have seen many big and professional traders lose their wealth. On the other hand, technical analysis is very important.
Here I think you contradict yourself, lol.
What do you mean, technical analysis is not necessary for a trader? Then I disagree with you. Because if someone really wants to be a professional trader, the importance of technical analysis is immense. |
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Governments will always seek control, this will especially apply to Bitcoin due to its decentralized nature. Of course, they will try to convince that banks are the best place to store bitcoins, thereby taking control of it.
This is going to be Bitcoiner's 2nd mistake. The first mistake they made was trusting exchanges with their Bitcoin. Bitcoiners are supposed to use exchanges to exchange the coins, and their balance is supposed to remain after the end of the transaction. People started using exchanges as wallets and kept their BTC there even after the end of the trades. At first, the exchanges weren't collecting users' private data. Slowly, they started asking for private information, and people didn't think twice because exchanges started offering bonuses for their KYC. Now, if people start using banks for their crypto transactions widely (People already using banks), this is a success for them and a failure of Satoshi's goal. But I think the fact that exchanges force users to KYC is because the government is the one who orders it, so to speak, all the things that make bitcoin gradually become more centralized may be a big plan of the government behind it. But I don't think everyone will use exchanges or banks to store their bitcoins. Don't forget that most people choose bitcoin because they are fed up with bank or government policies and they look to bitcoin as an escape. So there will be many people who will continue to use bitcoin with non-custodial wallets, not everyone will be stupid enough to go back to banks and trust the government again. Then you should have told this answer how to buy bitcoin without bank or government supervision. It will be very helpful for those who don't know much about this subject like me. But I think, first of all we need the help of some bank or exchange for first time buy Bitcoin. If someone wants to buy bitcoin in a new state, how can they buy it? What is your opinion on that? |
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I will never rush to trade again. A few days ago I got very tired of being so rushed and excited. I thought bitcoin would pump much higher. But that's not the case anymore, bitcoin was just slowly going down. I was a short trader then. I was sitting because of some profit.But due to the rise of bitcoin, I suffered a lot of losses. And in the excitement of fulfilling that, I waited for a few more days and at the last moment I lost everything and returned home. So I think when the market conditions are bad, short traders like me should walk away and stop the trade.
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In fact no one can make predictions that actually turn out to be true. But yes, knowledge of past markets is essential if one wants to trade in the market. You can analyze from the past, what was the condition of the market then. Which gives you a good or bad sense of where Bitcoin is right now. On the other hand, technical analysis is very important. But it is never good to think yourself too wise.
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First, the way to buy bitcoin cheap is dependent on the market. If you buy bitcoin with patience then you can buy bitcoin at cheap price. Because bitcoin is constantly up/down. You will always try to buy when it is down.
Second, it will depend on your country how cheap it is to trade in the country you live in. Still you can buy bitcoin very cheaply on Binance p2p. If your country has legalized this.
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।one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
I also believe that Bitcoin one day will reach a higher level. Then bitcoin unbelievers and those who know about bitcoin but don't hold it will suffer remorse. But have you thought about who will inherit your Bitcoin investment if you die? How will your children own your assets? I think these are good to know. Otherwise your children will blame you after you die. |
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Of course it's not right to discourage anyone about Bitcoin. But trading is different. Because he can lose his wealth in few days without experts and less knowledgeable people. But Bitcoin is a future asset that everyone has the right and need to know about.It is not right to discourage anyone in this regard. I think it is important to inform everyone about Bitcoin. So tell everyone to trade? I would discourage everyone on this.
Because to survive there, a lot of patience and knowledge is essential. Ja Kina is not among everyone. It is better to refrain from trading among those who do not have these.
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People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc. if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.
1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.
This alone is enough. Bitcoin is a trusted asset. Which is likely to be legalized in all countries in the future. I believe that Bitcoin will reach its peak one day. So those who stay away from holding these assets will regret it 5 years from now. As we later learned about bitcoin. So if you have the power (extra money) then I'd say definitely hold on to Bitcoin. At least for your child's future. |
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I don't know if you are opposing the government or talking about the positive aspects of Bitcoin. Because I think that the government of every country will work for the good of its country and people. He thinks about everything before doing anything. Will the country benefit from that work or not? The people of the country will benefit or not? Think of everything. Now there can be many reasons why bitcoin is not legalized in a country.such as,
If everyone transacted through Bitcoin then the government would not get any tax. Which has a bad effect on the country's economy.
Those who are illiterate in that country never understand so much.
Transactions here are easy and the fear of fraud is high.
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You were wrong then and now you are corrected. But you are going to make a mistake again. I would never say that you tell everyone about Bitcoin. Because, there will be many people who are illiterate or don't believe in bitcoin, they can all call you crazy. And if you force someone to know about bitcoin and invest here.After some time he may lose his money due to bad market condition. Then bitcoin will seem untrustworthy to him again. So don't tell people about bitcoin who don't believe in bitcoin. Your aim is to help those who are interested in learning about bitcoin.
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I am very hurt by gambling. I don't know whether gambling is halal or not. I lost a lot of money trading crypto. It was a futures trade. Many people say it is gambling and many people say it is halal. What is this actually?
And since losing there, I've come out completely.
So someone like me who doesn't have good knowledge about trade should not enter there.
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It totally depends on you and your family members.
If you want your property to be enjoyed by your family after my death then you can definitely give. But this is what everyone wants so that after death his family should enjoy without wasting his money. But the question is, should you tell them about your bitcoin holdings while you're alive? If you have a trusted person then you can say.If you are not faithful, you may lose your lifetime money. For that you keep your Bitcoin accoint security in such a way that no one can access it except your device. Then you can tell them everything about you. So that they can enjoy your bitcoins from your device after death.
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