There are lots of alts, too many one might say. You can get lucky by hitting one that gives 1000% profits but you’re more likely to pick one you lose on, especially if you’re going for obscure coins/tokens. Just play it safe & buy bitcoin & or other top rated alts.
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Always good to be fully KYC & set up for withdrawals with multiple exchanges, ahead of when you plan to cash out some. I actually opened multiple bank accounts over the last 18 months with the purpose of testing if they’re all OK with withdrawing fiat from bitcoin exchanges to them.
You do not want to get stuck at peak bull market without a bank to withdraw to.
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CBDC’s are just as useless as fiat currency. They are destined to fail as they are no different to fiat currencies in the way that they can be printed into infinity.
Governments are scared of bitcoin & they should be.
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The best thing is prepare for next halving event. Now very risky point to invest. one day 10% green then all think that market will be ok. but after 1 week 20% down.
2024 and 2028 are we need to focus.
Depends what your position is, many of us bought in 2014 or earlier. We have already made it this halving. Worth remembering that the current bull run is not over, we should reach $100,000 per bitcoin late in 2021 which will of course inflate alts. You are right in your thinking though that the price after the 2024 halving & then after the 2028 halving will be higher than today. You can always buy back cheaper after you sell when it’s a bear market too.
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The bull run didn’t stop, it just took a deep correction like in 2013. We reached a local top, corrected, some consolidation & we will rocket to new highs later in the year.
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To be honest I hope there are no more lockdowns. There are vaccinations now that are very effective against the virus now so I really hope we see no more lockdowns. If there are then I will continue to do my long walks which I took up in the first lockdown. It really helped me get peace of mind.
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My Uncle committed suicide when I was about 5 years old. I didn’t even know at the time, obviously my parents didn’t tell me. Any way, I went upstairs at my Grandmothers house (I was always scared going up there as a kid). I went for a pee & when I turned the light off I saw a man sitting on the edge of the bed, down the hallway. It scared the shit out of me & I have remembered that for over 30 years.
One other thing, once I woke up in a panic & I couldn’t get up. It was as if somebody was sitting on my chest to stop me. I was around 11 years old then.
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I saw the story but the source isn’t very reliable, is it? I really hope it is true but I would air caution with basing any trades on what is essentially a rumour.
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This was written on June 28th but I guess it applies to now as the market really is recovering now. Bitcoin just broke out of a long term RSI downtrend. The scene is set for a 6 month bull run now. The steps I’m taking are simple, HODL & wait for the peak of the bull run.
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Aw this forum is centered around what is essentially money, I don’t think it’s a good idea for people to disclose personal info about themselves. Even if it’s really vague, you could dox yourself.
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Sounds like you have some very useful skills OP, just keep applying for jobs that you think you can realistically get. Eventually you’ll strike lucky and get a job that reflects your skills & desire to work hard & do well.
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Lots of alts will do very, very well when the second phase of the bitcoin bull run commences. It’s like pinning the tail on a donkey, blindfolded trying to pick the lesser known alts though. Some will do much better % wise than bitcoin but it’s like nailing jelly to a wall.
Just stick with bitcoin & the more well known, reputable alts for guaranteed gains.
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If you want me to be honest my reason for getting into crypto was money. I heard it could make me rich so I bought & kept buying. This was many years ago & I can say I’ve done very well with it.
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Cool to get a picture of what it’s like in El Salvador so early in their bitcoin journey. If they play it right, they could go from one of the poorest nations to a very wealthy nation in the next 20 years. It’s going to take time but the President deserves so much respect for his open mindedness & innovation. It could change the future for so many of his citizens.
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My friend is into sports. To be precise, he takes up cycling. His birthday is coming up and I want to give him a present. But I don't know what to give sportsmen. Clothes? Money?
Why not just take him for lunch or dinner. Physical presents are cool but I think he would appreciate to spend time & have some good laughs & drinks with his good friend.
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Nobody gives a crap about Elon Musk and Tesla anymore. He has lost all his credibility, bitcoin price didn't move at all despite some people trying to hype things up over the past 12 hours; the shitcoins he advertises are also no longer showing any reaction to his pump attempts.
This is my thinking, it’s like the boy who cried wolf. Eventually after creating multiple drama lots of times, people start to ignore him. I don’t think his comments will have much of an effect on price now, neither negative not positive which is good. Bitcoin is decentralised, no masters or chiefs, Elon needs to learn that.
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This sounds a bit dodgy to me, are you sure the scammer isn’t YOU, OP? If you’re considering doing something shady then I’ll ask you not to. Life is hard enough as it is right now, without being scammed.
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I’m just glad he didn’t start trolling, which could have led to a significant dump. He was fairly positive regarding bitcoin on the Zoom Call for The B Word & the price didn’t do that much either way. Possibly he’s losing his effect on the market which is a good thing.
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Won’t be any crying from me, I’ve waited many years with cold, hard HODLING. Sooner rather than later would be better for all of us though right?
I think we will see 1BTC @ $1,000,000 before the end of the decade.
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