Bitcoin Forum
December 06, 2022, 04:40:47 AM *
News: Reminder: do not keep your money in online accounts
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: New to it. on: November 25, 2022, 08:27:53 AM
I think the best way to start is to read a bit, research and start investing. The only way to understand how the market works is by actually being part of the market. Good luck.
2  Bitcoin / Bitcoin Discussion / Re: BTC is scarcer than gold. on: September 23, 2022, 10:06:08 AM
Frankly, while everyone seems to be comparing gold to BTC, all Iím wondering is why? Both are valuable in their own unique way and gold has been here for years. It canít be compared. I wish people would understand the difference.
3  Bitcoin / Bitcoin Discussion / Re: Will digital dollar be a threat to bitcoin? on: September 23, 2022, 09:58:33 AM
It's definitely not a threat, it will take a lot of time for this to become part of the normal so as of now, it is just a small step towards figuring out how the public reacts to the digital dollar. The rest, we shall see.
4  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin on: September 22, 2022, 08:15:35 AM
If you really want to get into investing, I think you should research and plan a budget. It is definitely a good idea to invest in BTC. What are you waiting for? If it is more information, there are books you can look through that can revise the terms and conditions of the market place so you arenít completely lost. Just be mentally prepared to suffer loss, too.
5  Bitcoin / Bitcoin Discussion / Re: Why has bitcoin adoption failed in El Salvador? on: September 20, 2022, 08:31:11 AM
Thatís because there is a conflict going on. Governments and banks are afraid of Bitcoin's success. And there is a lot of misinformation. However, in the long run, it is a losing battle. Everyone understands that Bitcoin is a clean asset. Even banks and governments will eventually purchase it someday. Just that people need more education and research more about it.
6  Bitcoin / Bitcoin Discussion / Re: I have started teaching Bitcoin to my Neighbors on: September 19, 2022, 06:35:01 AM
Youíre doing great work by sharing what you have. Teach them about the associated risks. Because of the nature of decentralisation with currencies, you must take adequate steps to securely preserve and secure them. They are volatile, yet with high risk comes the prospect of enormous return. I would start modestly to gain experience and never ever put more money at danger than you can afford to lose.
7  Economy / Trading Discussion / Re: Can trading be likened to gambling and how so? on: September 16, 2022, 07:15:28 AM
Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I donít think both are linked. There is a huge mindset  and knowledge gap between the two.
8  Economy / Trading Discussion / Re: Is trading gambling in another form? on: September 16, 2022, 07:06:59 AM
Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
9  Bitcoin / Bitcoin Discussion / Re: My Bitcoin teaching approach on: July 15, 2022, 06:21:17 AM
It is a good approach to teaching bitcoins. This will help new bitcoin traders know what bitcoin actually is and how you can sell and buy it!
10  Bitcoin / Bitcoin Discussion / Re: Are we gradually approaching towards the end of Bitcoin? on: July 13, 2022, 10:47:45 AM
Itís natural for newbies to be afraid because they have never seen anything like this before. But if we talk about the whales, they know that the bitcoin will bounce back and to a greater price. This is a reason why there are bitcoin purchases still going on.
11  Bitcoin / Bitcoin Discussion / Re: Man lost everything to Crypto on: July 13, 2022, 10:32:16 AM
You need to put a limit to how you trade and how you want to move forward. The market doesnít put conditions on how you should trade. Itís you who has to see what you can afford to lose and plan your moves accordingly. Nothing comes naturally and you will have to decide all that you want to do.
12  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: July 07, 2022, 07:16:53 AM
Strong hands increase their own strength by purchasing more. Since there will be fear behind them, everyone should see this as an opportunity. These people have an optimistic outlook on bitcoin, therefore even if the predictions didn't come true at the proper time, it doesn't have a significant impact on them. Even entry-level investors are investing more money now with the year 2024 in mind.
13  Bitcoin / Bitcoin Discussion / Re: Best time of the day to buy Bitcoin on: July 06, 2022, 09:34:53 AM
Imo, when bitcoin is at its lowest price, that is the ideal time to purchase it and one should not look into the price day by day but overall. Currently, bitcoin is experiencing a decline, and this presents a buying opportunity.
14  Other / Beginners & Help / Re: Fear of losing my coins grabbed me by neck on: July 05, 2022, 10:52:29 AM
You can consider a mobile wallet but it is risky and easily hackable. I suggest you save up and get yourself a hard wallet so you can increase your security and maintain low stress. For the time being, it is okay but long term, not really. You need to backup also, so you can't risk your assets.
15  Bitcoin / Bitcoin Discussion / Re: why can't bitcoin be based on something that has value? on: July 05, 2022, 10:46:21 AM
Likewise, everyone has a different concept of the market. Some believe in bitcoin and some donít. That doesnít mean it doesnít have value or isnít real. It is. You can get rich if you make the right investment plans. That is all it takes, study of the market and research.
16  Bitcoin / Bitcoin Discussion / Re: Did Bitcoin Disappointed You ? on: July 01, 2022, 09:54:45 AM
Not really! I was somehow ready for the downfall. Itís a season of the trading markets and you have to adapt to the changing environment if you want to have a long stay in the market. At the moment, the best is to hodl and not get into panic selling. Bitcoin is here to stay and you better donít lose hope.
17  Other / Beginners & Help / Re: Taking Loans - Is it ideal? on: June 29, 2022, 07:43:07 AM
This is definitely not the best idea. Borrowing money to invest only keeps you in debt. You arenít really investing then, because why the impulse? If you have FOMO, just wait until you have sufficient funds. Until then, use the time to learn about the market a bit more. Good luck!
18  Bitcoin / Bitcoin Discussion / Re: Newbies: Don't panic and learn to hold on: June 28, 2022, 06:39:17 AM
Generally, during market shifts, newbies get flustered and panic sell or buy. They should try to avoid making hasty decisions as they are putting themselves amidst the risk, while they should just be patient and hold until the market gets calmer. Understanding when to time their moves is a skill needed to be learnt.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!