All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.
The market is difficult to predict its movement and we need to analyze it, to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help, besides that it is important to make a target first and in trading we don't be greedy Certainly, it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process. |
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So I needed some funds to make up for a payment. I contacted three of my clients who were supposed to pay for some writing jobs but the payments were delayed. I was getting frantic when I remembered that one of my old Blockchain wallets. I started wondering if the wallet I hadn't used for years could have some valuable bitcoins. I also remembered that I had the seed words in my phone as a screenshot (crazy!) so I imported the wallet. Boy, you wouldn't believe how much I had in there. Not up to all the money I needed but enough to make a difference. I wonder who else has access to old wallets  I had my Bitcoin stored on an online wallet, BitGo, for quite a few years had been left untouched and were recovered in 2020 (stored from 2016). Since then, I was in a hunt to track down any abandoned wallets, in hopes to recover them. Luckily, I found 3 Blockchain.com wallets, with approximately $200-250 worth of Bitcoin, not bad at all. On top of that, I recently recovered 0.0025 BTC on a Coinbase account, not lifesaving but certainly not bad at all. |
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The main drawback to electric scooters is safety and in many cases insurance of the vehicle. There are many statistics that will tell you that these are very prone to accidents and users tend to misuse them and ride over walkways and the like. I am not so sure you can escape the cost of crude as the cost of electricity has also increased everywhere.
Advice - if you buy one, let it not be chinesse.
Totally agree with you, in my city, according to data, more accidents occur due to reckless electric scooter users and breaking road barriers. Strict rules need to be imposed on scooter users because otherwise, it will have a bad impact on people, other than that don't buy products from china because usually, cheap stuff has bad quality lol. It's rarely the vehicle's fault (electric scooters in our case), they are small in size, snappy throughout the city while the lack of sound isn't helping in the hustle of a large city. Anyway, their usage needs caution and proper infrastructure, such as bicycle paths, which could be used in conjunction with bicycles and with a speed limit of course, since some of those are quite fast. |
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One of the things I regret the most was not holding the Bitcoin I had acquired a few years ago, I didn't really need those funds but had cashed out a large chunk of them. Luckily, some of which was saved till now and was invested in DeFi projects and managed to earn a decent sum of money.
After this experience, I'm trying to save as much Bitcoin as possible. I'm not sure when I'll withdraw again, certainly not before surpassing the last all-time high. Currently, I'm not need of funds, thus, I'll keep on holding.
Buying and holding bitcoin has always been our dream. But if we had already a large amount of bitcoin in our wallet, does it make sense if we keep it hodling forever? I guess not. The value of bitcoin will always grow for sure but we are not going to experience profits if we never sell some of them. Buying and selling bitcoin has always been a good strategy to see consistency in making profits, but of course we will only sell if the value is very high and if we are in need of funds. On the one hand, I do regret selling in the past, however, back in 2017, the ATH of $20.000 looked astonishing for that time period, thus, selling seemed like a viable and decent option. I never expected that 3 years later, in 2020, I'd deeply regret it. No hard feelings though, money comes and goes, I've got plenty of stories to share about how I wasted my Bitcoin in 2012-13, there's no point in looking back in the past, but only move forward. |
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One of the things I regret the most was not holding the Bitcoin I had acquired a few years ago, I didn't really need those funds but had cashed out a large chunk of them. Luckily, some of which was saved till now and was invested in DeFi projects and managed to earn a decent sum of money.
After this experience, I'm trying to save as much Bitcoin as possible. I'm not sure when I'll withdraw again, certainly not before surpassing the last all-time high. Currently, I'm not need of funds, thus, I'll keep on holding.
I feel you and this experience also costed me an opportunity of not taking advantage of BTC's volatility and inflation. Back in 2017, I was privileged enough to participate into various campaign signatures where I earned a handful amounts of BTC during my stay. Since the price of BTC was relatively low (around $5,000-$6,000), the denomination and pay of each campaign signatures where high. Due to financial difficulties, I had to cash out my BTCs weekly in order to provide for my education and materials since I was a college student at that time. Fast forward to today's year, if I did not cash out my BTCs from all the campaign signatures I have participated, I would have saved at least $30,000+ which could have granted me an opportunity to purchase a car for my dad. That is why, this expensive lesson taught me something- to at least cash out my BTCs if I direly need them. I could have worked my ass-off by doing part-time jobs but I chose the easy way out. Wasn't paying attention to the thread and hadn't seen the latest replies. Trust me, I know exactly how you feel. A few months ago, I stumbled upon some signature campaign spreadsheets, back from 2016-2017. The payment amount in BTC was huge, compared to now, even the lowest paying ones could eventually, if you were persistent enough, set you back with a decent sum of Bitcoin. Unfortunately, most of these earnings are now sold, at a way lower price, compared to what we have now. ~Snip~
If you have no important stuffs to buy, then just hold it as much as you can. After all, bitcoin will always grow in value despite of its unpredictable price volatility. However, if you want to have consistency in making profits, then sell some of your bitcoin when a new all time high is reached. That will motivate you more to buy and accumulate more bitcoins when their price is low so you can start selling them at a reasonable high price. You may sell some, but leave some of them for long term hodling and for future profits. I'm not currently in a huge need of money, thus, I'm not planning to sell anytime soon, unless I really need to. So far, I'm managing fine, Bitcoin has proven its worth throughout the years, the greatest things are yet to happen. |
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E bikes & E scooter users is gradually increasing in numbers here in my place, but all users I saw was at the age bracket of below 30.
Mega fuel savings and skipping through the traffic are 2 of the major reasons I can see in using these E transpo.
But I can see one major disadvantage about it, the survivability rate once you get into an accident.
Then It will be followed with not so major list :
- weather (hassle during rainy season)
- easy to get stolen
- I'm quite sure there will be a weight limit? So If you're carrying a lot of stuff daily then I guess E Scooter is not gonna be an option. Maybe E Bikes will do.
I lost hope about Gas price roll back. Though there were roll backs, but after a week or two they'll start another hike higher than the previous one lol.
Here in PH I've seen price hikes 5-6 times in less than 2 months, there were roll backs yet another hike will be imposed again in a week.
I've lost hope a long time now, I've come to terms that gasoline and a lot of daily goods are going to be a lot more expensive than they used in the past. I'm also noticing a surge in electric bicycle purchases, especially after the government/European Union started promoting them by providing subsidies for them (30% of their total value if I'm not mistaken, it's a few hundred bucks for sure). In my opinion, it's a great way to exercise and commute around the city, without spending too much money, while with a decent lock, you'll are likely to be safe enough for most cities. On top of that, you could even buy an electric folding bike, which you can carry around if you're afraid it gets stolen. Unfortunately, these solutions are only for urban areas, while the current electric motorcycles have pretty limited autonomy and are extremely expensive. |
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OIL is back below 100 USD/barrel.
Russia order to pay oil in RUB has been quite supportive of USDRUB in the short term, but I guess it will be useless to mantain the level in the long term.
WTI Crude is now trading at $103, with Brent Crude is almost surpassing $110 ($109 to be exact). While this fall in prices is better than nothing, it doesn't sound too promising, since oil has been extremely volatile the past few weeks, thus, this decrease might not actually mean accomplish anything (in terms of fuel prices which are unlikely to change at the gas pumps). If the war doesn't stop anytime soon, we'll be subject to see massive increases in fueling and energy costs. |
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One of the things I regret the most was not holding the Bitcoin I had acquired a few years ago, I didn't really need those funds but had cashed out a large chunk of them. Luckily, some of which was saved till now and was invested in DeFi projects and managed to earn a decent sum of money.
After this experience, I'm trying to save as much Bitcoin as possible. I'm not sure when I'll withdraw again, certainly not before surpassing the last all-time high. Currently, I'm not need of funds, thus, I'll keep on holding.
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I have mixed feelings about this idea, I was actually against sending weapons in Ukraine, not because I'm against supporting Ukraine, but because Europe is provoking Russia into moving a larger scale war, either financially and militarily. How is sending military support solving this situation? Is that reducing the risk of having a third World War, because to me, it sounds like we'd be provoking it.
On top of that, these sanctions being put, are hurting ourselves more than they're hurting Russia, and Putin is taking them as an offense for Russia.
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Now that's a good way to get more people engage on learning and then they earn at the same time, couldn't be more exciting kind of site. I guess through time the site will improve and it's not that bad even right now, it just need improvement and maybe a FAQ page will do e.g. how much sats is the minimum withdrawal.
2500 is the minimum sats withdrawal. Once you get that, you can transfer them to any lightning wallet. I doubt it's worth it since, 1. You need small amount of BTC to open LN channel. 2. You need to pay on-chain TX fee to open/close LN channel, unless they generous enough to pay it. I believe that the point isn't to earn Bitcoin, but to give you the initiative to learn about it. Certainly, you shouldn't expect to earn much (if any at all), since the point is to educate people, it's an introduction to Bitcoin, not a way to earn money. The reward is most likely to lure users into acquiring more information, thus, introducing them to cryptocurrencies. Perhaps, if it was a simple guide, then it wouldn't attract much attention. |
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While it's not a bad idea, it certainly not a great one either. I can detect many disadvantages, first and foremost, it can only be used inside the city, it cannot replace the need of having a car, which is required for longer distances. Secondly, drivers certainly don't pay much attention to motorbikes or actual even actual scooters, let alone an electric one, which doesn't even generate engine noise in order to be heard.
Especially electric bicycles, can be a lot more versatile in terms of moving cargo around, are worth their money, both can replace the need of fueling inside urban areas, while they're not that expensive to buy.
i prefer electric bicycles as well. at least with this, you can sit and you can as well carry a passenger/cargo much easier. it is safer also as compared to e-scooters. anyway, it depends on your activity for the day. some may find easier to use e-scooter if they are just going to short distances without carrying anything. but if you need to go a lil bit far and carry some stuffs, electric bicycle is preferred. I guess those electric bicycles that can be seen mostly in Asian countries are not yet widespread in the US that's why they prefer electric scooter. I have both but I do agree that I want to used my electric bicycles more than my scooter. One advantage as well is that when you travel at night. I customized by e-bicycles to have more lights so that motorist can see me. As compare to scooter that I didn't and the mileage that I can go with the bike. But both of them are very useful to me. I've seen similar scooters around here, while they are versatile, I find them very dangerous. If used on a large city, you're certainly having a death wish, you'll get yourself runover. There are better alternatives, there are electric scooters that share similar characteristics with the regular 125cc (non electric) ones, and have nothing be jealous of. Some of which, are hard to even distinguish from those who have an internal combustion engine. |
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Despite the sanctions, Russia won't be affected the slightest bit, even if there's an embargo against their oil exports. There are plenty of other markets to channel their trades, hurting Europe in the long-term. India and China, being their largest importers, are also two superpowers in terms of financial strength, keeping Russia's economy intact.
Even if Europe imports oil from Venezuela or Iran, it will be more expensive and I said earlier, will hurt Europe (and its citizens) in the long-term.
I have said this before. It is stupid for the Europeans to boycott petroleum products from Russia. Russia is the closest source for crude oil and natural gas, as far as Europe is concerned. If they want to source these products from anywhere else, freight charges involved will be very significant. And honestly, Iran and Venezuela don't have spare capacity to replace Russian oil production. On top of that, the production in these two countries have been impacted by many years of sanctions and embargoes from the United States. Yes, even if Iran and Venezuela accept to return to increase oil production to replace Russian supply, it will be very difficult to do. Their oil industry was frozen and forgotten for many years due to the embargo from the US, it took Venezuela several years to restore the plants and proper management to restore their oil industry. This is clearly the wrong decision of the European government and the people of these countries will have to bear it all. Only time will tell, I believe that chances of a Russian embargo are extremely high, governments want to act like they're taking action against Russia, that's why they imposed sanctions, just for show. Even if the Russian production is eventually replaced by other countries such as Venezuela, it will cost higher than it was to import from Russia |
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While it's not a bad idea, it certainly not a great one either. I can detect many disadvantages, first and foremost, it can only be used inside the city, it cannot replace the need of having a car, which is required for longer distances. Secondly, drivers certainly don't pay much attention to motorbikes or actual even actual scooters, let alone an electric one, which doesn't even generate engine noise in order to be heard.
Especially electric bicycles, can be a lot more versatile in terms of moving cargo around, are worth their money, both can replace the need of fueling inside urban areas, while they're not that expensive to buy.
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Russian crude has once again hit triple digits, which means that they have found sufficient number of buyers from China, India and some of the other countries. Brent Crude is currently trading at $121 per barrel. The Russian crudes are trading at the following levels right now: Sokol at $104 per barrel, ESPO at $91 per barrel and Urals at $93 per barrel. There is still a discount of around 20% to 30% for the Russian crude, but there seems to be sufficient demand to keep the Russian treasury full. And even at a discount, the price of Russian crude is more than what it was before the invasion.
Despite the sanctions, Russia won't be affected the slightest bit, even if there's an embargo against their oil exports. There are plenty of other markets to channel their trades, hurting Europe in the long-term. India and China, being their largest importers, are also two superpowers in terms of financial strength, keeping Russia's economy intact. Even if Europe imports oil from Venezuela or Iran, it will be more expensive and I said earlier, will hurt Europe (and its citizens) in the long-term. |
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While their website seems way too minimalistic and lacking some information, which is probably due to being a newly launched platform, I'd still be interested in trying out one of their courses. I don't mind the reward, chances are that it's a few Satoshi at most, just to understand the concept of transactions.
Quite a few years back, I used to play on a Minecraft server which rewarded you with Satoshi for playing on their server, while also educating you on the basics of cryptocurrencies. I believe that both cases had/have great initiative.
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I'm not that surprised that Putin actually invaded Ukraine. To be honest, after the annexation of Crimea, it was kind of expected. I'm hoping that the situation de-escalates in the upcoming month, although, I'm reading projections that it could even last till May.
I was quite surprised that he invaded, I thought it was mostly macho posturing to see how far he could push the west, and maybe get the Donbas region to secede and join Russia, inching them closer to enveloping Crimea in Russia proper, rather than just an isolated outcrop of "Russia"... get the west to agree that Ukraine wouldn't join NATO, and maybe also formal international recognition of Crimea as Russian. But obviously that's not what happened. Putin is as cold-blooded and ruthless as everyone thought, but it appears he's not quite the cerebral strategist that he seems. This invasion has proven quite a miscalculation. It does look like the Russian military is struggling a bit now. I think he might take a decent exit route if one can be arranged. Latest news appears to be that they're shifting their goals to say the offensive across all of Ukraine was just to weaken the Ukrainian military, so that Russia could proceed with taking Donbas, which was what they "really" wanted all along. This could certainly drag on, but it may be that Russia is genuinely looking for a way out of this mess now. The invasion certainly didn't go as planned, Putin believed that he could claim Kyiv in a few days at most, but was met with adverse resistance from Ukraine. Crimea hasn't been officially recognized as Russian territory, if I'm not mistaken, which is something Putin is now aiming for, along with the Donbas and Luhansk region. What's surprising me though is that Russia is claimed to be one of the largest superpowers in terms of military, but instead, we're seeing old, and outdated machinery. Is this a plan, or isn't actually that advanced? |
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I find the scenario of a large scale World War highly unlikely, thus, I believe that anywhere in Europe is safe enough, except the neighbouring countries of Russia, especially those who are not in NATO (such as Moldova or Georgia) or in the worst case scenario, the Baltic countries, such as Lithuania or Estonia.
It seems unlikely until suddenly it becomes likely. Remember how not so many of us thought Russian would not just go on to invade a fully independent state of Ukraine, but then they did after some weeks of "Military drills" along the boarder. Right now, as thing stands. North Korea has also start carrying out nuclear tests, which they had stopped doing with the ballistic missile landing near the coast of Japan. South Korea also displaced some of its missiles around the same time, trying to indirectly signal to North Korea that they are not napping. What we are seeing here is a dick measuring contest between countries with Nuclear weapons, and this can easily escalate into a widespread war with different Countries taking sides. Maybe Countries in South America and Africa wouldn't be involved in the war so much. Certainly, the possibility is always there, however, I'm not that surprised that Putin actually invaded Ukraine. To be honest, after the annexation of Crimea, it was kind of expected. I'm hoping that the situation de-escalates in the upcoming month, although, I'm reading projections that it could even last till May. |
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I find the scenario of a large scale World War highly unlikely, thus, I believe that anywhere in Europe is safe enough, except the neighbouring countries of Russia, especially those who are not in NATO (such as Moldova or Georgia) or in the worst case scenario, the Baltic countries, such as Lithuania or Estonia.
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I heard a rumor that OPEC will go 300 USD / barrel this year ,what do you think ?
Highly unlikely. The only scenario where I see this happening is in case of an European ban from Russia Oil. This would send the Brent/WTI barrel to the moon because of Europe should anyway buy the displaced Russian oli elsewhere. As an European, I do hope this scenario will never materialize. I'm also afraid of this scenario, there are rumors of that Europe was having discussion in order to ban Russian imports. It would be the worst case scenario, it would send oil to the moon. Europe is importing 3 million barrels per day, that's a huge number that can't be replaced if lost. |
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I can not believe how high these gas prices are getting, I mean it's at an 8 year high? What's next 10 year high? Personally, I don't have the money to buy a new car but if I did I would definitely get a hybrid or an electric.
For my work, I have to travel 30 minutes in each direction and that's 5 days a week. These prices are really taking a chunk out of my paycheck and it will definitely impact my spending habits on any non-essential purchases.
And, if these gas prices keep going up I may become a minimalist, I'm not kidding. I can't remember the last time I went shopping for clothes and I really need some new stuff but now is not the time.
If I had 40-50k to buy an electric car, I honestly wouldn't mind fuel prices that much, unfortunately, electric cars are out of reach for the average consumer. Filling up your car takes a huge chunk out of your paycheck, personally, it would take at least 1/8th of my salary, which is ridiculous. In the summer, I used to fill up my car at least twice a month, due to going back and forth, I don't want to be miserable and stay home all day. If this war drags on, we are the ones who will be affected the most, no one else. In my country, everything has increased in price, many families have to tighten their spending to be able to afford a month with a meagre salary. As you said it wouldn't be fair if the prices went up while our wages didn't increase a cent.
I pray that Russia and Ukraine will soon reach peace so that everything will return to normal. After the covid pandemic, we have had to go through so much loss and pain. Don't let the pain linger.
Unfortunately, it doesn't look like it's going to end anytime soon, while the current sanctions put on Russia are hurting the western citizens more than they're hurting Russia's economy. Salaries aren't expected to rise anytime soon either. |
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