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1021  Bitcoin / Bitcoin Discussion / Re: How do you go about realizing gains? If you opt not to, what is your reason? on: September 01, 2023, 08:03:19 AM
There is no reason one should not realize the gains, I have held coins worth thousands of dollars until they went bust, I know it's probably cause they were shitcoins and story would have been different if it had been BTC/ETH but It's always good idea to take profit. When to sell? No one can tell you, best thing I have come across is DCA all the way out as Poker Player mentioned.
I know the feeling and I know that there are a lot of people who want to take profit but in reality if you keep your profit then you are going to end up making even more profit and thats a good thing. I believe that it would be important for people to make more and more profit because it makes them feel hyped about it and I think it should be important for them to get a love for bitcoin as well.

I know that we are going to make some profit but if we are just happy with what we have, then we are going to be unhappy when we see what we could have made, so keep holding is better. That's what I do and I have been happy ever since, it's just a smart way of making money by basically doing nothing but just holding bitcoin.
1022  Bitcoin / Bitcoin Discussion / Re: Bitcoin movement: my thought on: September 01, 2023, 06:51:59 AM
Famous clubs, communities or other organizations can do it.
But it also depends on how the local government responds to bitcoin because if your country bans people from using bitcoin, it will bring problems to the people trying to promote it.
Another case is if bitcoin is allowed to be used by people and can be an alternative means of payment, this will encourage people's interest to try using bitcoin.
But we still can't force them to try using bitcoin because it depends on them.
We can only tell them about bitcoin now and then it will be up to them because using bitcoin is an option for them.
I do not think that there are that many nations looking to ban bitcoin outright. There could be some laws regarding mining, but not trading or holding bitcoin. There aren't that many I know of, and that means it must be a low amount. Look at all the major nations all around the world, you can see that it is not happening and they are more than likely to just accept it as a legal thing and tax it instead, that's where they make the money from and I think they will continue to do so.

When a government finds something they can tax, they will more than likely accept it, only dictators won't because they already can take whatever they want. That's an important piece of information as a rule of thumb on future predictions.
1023  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal launches an Ethereum-based Stablecoin! on: August 31, 2023, 05:04:11 PM
What upcoming role? I think nothing have changed. The role of crypto is still a payment method. Also Paypal themselves are not new on this either. They even adopted Bitcoin last time but I think that was only on selected countries. It is seems they can't get enough and they want to add more. Well that's alright and it's a good help for their customers to get introduced in these cryptocurrencies.

If there are people who are happy and satisfied on using Paypal, there are also people who experience the opposite thing and even these people are also into crypto, I don't think they will touch the cryptos created by Paypal. They already learned their lesson.
I would guess that because Paypal has always been a payment company, they are trying to make sure that they are using crypto as a payment too. One thing I really would love to see is them making sure that you can deposit and withdraw this currency as well. I am not sure if you can do that just yet, but if you can do that, then people who can't use Paypal would be able to start using it, this way we would all be able to accept Paypal payments easily.

I hate the chargebacks and all the financial troubles you go into, I may end up selling a product, and the person can easily do a chargeback, and that means I would not have the product AND the money and I would also owe the transaction fee as well, that's what needs to be stopped.
1024  Alternate cryptocurrencies / Altcoin Discussion / Re: About Altcoins Investment Experience on: August 31, 2023, 03:55:31 PM
I did invest in lots of altcoins and i received many tokens from bounties as reward. I experienced that, most of the tokens turns into shitcoin or dead after a few months. Some Altcoins performed very good for a certain time then all of those lost 90-95% of values and still traded on exchange with so called volume. Thus process is continued. Even top altcoins also replaced by new altcoins. 2017 vs 2023.

Moral: I think BTC and ETHEREUM is better option for investment, Can be trusted blindly, profitable for long. Low Ranked Altcoins, Memecoins and shitcoins are just headache and reason of huge losses in long time. But anyone can invest his money wherever they want.
BTC and ETHEREUM are undoubtedly the best investments for large capital. 75% of all TVL DEFI is now in the Ethereum ecosystem.
But who wants to earn a little more and have more risks, then there are other fundamental altcoins, for example Solana, Polkadot, the price of which has fallen by 90% from ATH.
I do agree that ETH should be at the top of the list for everyone, it's by far the best altocin and when the next bull run comes we will remember why. It may sound boring because it's already at the top and that is why people avoid investing into it, or talk about it at least because they do invest into it since it's still second ranked, but it should be reminded to everyone that it is second ranked for a reason.

ETH is a strong and independent decentralized project that managed to turn into proof of stake so you could earn interest from it as well. It will continue to be a strong project for a long time, I can't see it it could reach to a lower rank, it will stay strong for a good while and will be powerful.
1025  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrop Events, Testnet Events is not an investment! on: August 31, 2023, 03:24:33 PM
Also stop blaming influence-rs; if they make researches before making threads for readers; then as individuals, you should also make researches before joining any event (test-net or airdrop); while Remembering that nobody promised you millions for participating in their events.

I am open to differing opinions on this issue; what do you think ?

I do agree with what you said.
Don't blame anyone for risking your own money. First of all, we should do our homework first, on our own, and not just let influencers or social media bloggers do the job while some profit from just sitting and letting their money do the work.
As an average guy who gives importance to money, I won't just give away my money without making sure that it's a legitimate investment. There's always a way to check them out, the internet is broad and there might be people who already experience dealing with them with good or bad incidents, and that is where we could ask.
This forum is actually one of the good platforms to question one project and I have seen a lot of threads that were made here asking the questions that cannot be answered by Google.
That is such a good approach and should be remembered for a long time as well. I can easily say that it is going to end up with a situation where it will not be that simple and we could end up with a solution that would be a bit different on the long run. I think it is a trouble for people not to be careful about it, and if they are not careful about it then they are going to lose a lot of money and blame the projects and the team and the community and all that when they lose money but not themselves.

If you invested into something that made you a loss, you should only blame yourself and not anyone else, it is not going to be something that you could make profit from and you are going to end up with a trouble one way or another.
1026  Economy / Trading Discussion / Re: Trading not for everyone! on: August 31, 2023, 11:11:05 AM
Not only those altcoins poses the tendency to reduced by 99% but also bitcoin can do that as well. Bitcoin loses so much value during the bear market so if you're running from altcoins because of this you will also encounter it investing in only Bitcoin but what make the difference is the ability for Bitcoin to fall this much and still climb back up when the bull market starts but most altcoins can't do this due to them losing their hype in the market.

Many individuals are investing in altcoins because of the hype that the getting therefore when that hype is no more they lose investors and you shouldn't be left holding those types of project or you won't have anybody to sell to or sell at a lost price because of low market activity.
I do not think that 99% would be possible for bitcoin at all, I understand the logic and I understand the fear and if we were to talk about it like technically speaking then we could say that it could be done.

But, the reality is that we are talking about a situation where it would be near impossible for it to happen, this is why we should be careful about what we are picking. While those altcoins do have a chance to drop 99%, there is no chance for bitcoin to do it, and I bet that ETH won't have that chance too. Even BNB which is third biggest could do it if something were to happen to Binance, but at the same time the Bitcoin and ETH duo will not have that, the yare just way too big to drop 99% which is nearly nothing.
1027  Economy / Trading Discussion / Re: 10 tips to manage one's emotions while trading crypto. on: August 31, 2023, 08:46:11 AM
5.) Respect your loses not all your trades are wins
8.) Back test your stop loss its help you to improve and next time you won't do it again
9.) Winning everyday is imposible
What’s the difference between the tips No. 5 and 9?

Concerning the 8th idea, I can say that it broke my emotional stability once.

When I set my stop-loss level based on historical data, I actually tailor the outcome to fit the history. For instance, in history, I see that a stop-loss at -4% falsely triggers in 25% of cases, while a stop-loss at -5% only falsely triggers in 5% of cases. So, I once opened 20 positions across 20 assets with a -5% stop-loss, but suddenly, the market sharply declined, hit all my 20 stop-losses and reversed.

History doesn't always repeat itself. Stop-losses are better placed based on a different principle rather than historical data.
I think it was just done in a hurry to get some merit and that's about it. But to make it clearer about loses, you need to research them and find out why they were losses and not wins. If you are careful and you figure out what's the reason is, then you are going to end up with a better result without a doubt.

I think it would not be possible for people to make a big difference that quickly and should be a lot better on the long run. I believe that we are going to end up with a result that would be profitable if we know what isn't profitable. If you know the bad ones, then you know how to avoid them and whatever left should be wins, if there are still any bads left, you just learn them too and move on to better results.
1028  Economy / Trading Discussion / Re: Is copy trading a legit way of income for beginners or just a marketing tactic? on: August 31, 2023, 07:12:05 AM
I don't have experience in copy trading, but I do say that it is just traders playground, as they are earning big on that because they always get a cut when a trader copies, which we know copy trading is full of, and I've also seen that if you don't have huge capital on it, you can't feel the profit. Though I don't see it as a marketing tactic, I've seen it in those traders who joined to earn more.
You are right there; the copied trader who set up on a copy trading platform has a cut. Then one more thing: this copy trading is for people who are too lazy to learn crypto or who don't have time to learn crypto trading because they are busy with their jobs or businesses, whatever. As I can imagine, there may be profit to be made there, but don't expect much.

DYOR (do your own research) is still needed. It is said that if we want to learn to drive a car, we must learn the basic things about the car we will drive, and after getting a license to prove that we know something about being a driver, the same is true, of course, in conducting trading in this field. .
Unfortunately you are right. It is true that too many people end up not doing the right way and they end up losing money because of it. People should realize that they can't really make it work one way or another, it should not really be a big deal like that. I think it's important to learn how to trade yourself, if people keep on trusting others for their income the result will not be easy and they are going to be pretty upset about it as well.

If you do your own learning and start your own trading then you are going to make even more profit. If you keep copying someone, there is a potential that they are going to leave one day and you are going to be searching for someone else, or they could make a loss and you wouldn't know why.
1029  Economy / Trading Discussion / Re: Stop loss on: August 30, 2023, 05:46:24 PM
For medium to long term trades, SL is not as common, although that doesn't mean it shouldn't be done. If the trade entry point is not chosen correctly, then the SL can be a lifesaver, since the price can fall very significantly and thus the trader can turn into a forced holder who will wait for the price to return to the previous level, much longer than planned.

SL is a trading culture and if you read the biographies of the great traders who have been successful at it, you will see that almost everyone used stop loss, so it is clear how important this is and what a big role it plays in risk management.
It is true but you need to make sure you set it at the right place and do not lose money. There are two cases where SL could be terrible, first of all if you set at the wrong place, the price could drop there and then bounceback to higher prices, which would leave you with sold and missed your profit chance, make sure you know the resistance and support levels like back of your hand to follow where you should put your stop loss.

Second version is the price going up too much after you set it, if you are not careful, your SL will be far away, but the price could go up and down in the future and you miss out on your profit chance, instead of making 100% return, you make a 20% return because you forget to reset your SL.
1030  Economy / Speculation / Re: Big surprise in mid-August - Do not panic!!! on: August 30, 2023, 12:31:24 PM
I wasn't initially prepared for bitcoin's unexpected price drop. Since bitcoin has remained at the $30k barrier for months, I was anticipating it to cross that threshold. I was surprised to find the price of bitcoin at $26k when I woke up, but I wasn't in a panic since I saw it as an opportunity to buy additional bitcoin since my intention was to use it as part of a long-term investment strategy. Given that the halving season is still around 8 months away, panicking at this point is actually an unnecessary thing to do. 
It will cross that threshold again, there is no need to worry about it. We are not like miles away from it, we are still quite close and it means that we are going to go over it with just a little bit of hype and suddenly we are at higher price. We need to remember that just as bitcoin could crash, it can go up as well, people see it go down and worry but they do not remember how fast it can go up as well.

Remember it was 15k at the start of the year or a bit before, that means we haven't been around this price for too long in reality, we were not even at 30k levels for too long, it was just a few moments. So we are going to get there without a doubt, we just need more time for it and it will happen.
1031  Economy / Speculation / Re: Bitcoin could hit $100,000 by the end of 2024 - Standard Chartered - Surprised? on: August 30, 2023, 09:42:25 AM
Yes, Bitcoin price may reach 100,000 by the end of 2024. However, there has been no prospect of a bull market in the Bitcoin price for quite some time now, and currently the Bitcoin price has dropped below 26k. But still there will be a bull market with high Bitcoin prices in the future, almost everyone knows that, and this will happen, and by 2025 the price of Bitcoin will reach an all-time high.
This year there probably won't be big bulls or such a significant increase in price, because Bitcoin still needs a gradual price increase every month and it still has to take until next year for there to be a calculation of the bullish rate through the current price in the market from the lowest price. in this year to the highest price at the end of this year or early next year. So as long as there isn't a significant price fix in the market for Bitcoin, I won't talk about the possibility for $100K by the end of 2024.
I would guess that it will not have a huge increase but it will end with over 30k if you ask me. The reason why I think like this is because I think it is going to be a bit different to some people and we should remember that i its not going to be that easy to handle.

Of course some people may think that it will do well enough but the reality is that we are not going to end up with a good thing one way or another, it is going to end up with a situation where it will make a bit of a different perspective. The next year on the other hand is a good one and we should be seeing some big increases one way or another, and we should be considering halving as a good thing that will make the price start going up in the near future.
1032  Economy / Speculation / Re: Bitcoin is not going to $12k. on: August 30, 2023, 08:46:24 AM
It is impossible for us to see bitcoin go below 15k again as we only have some months left to the halving and the price of bitcoin must be between the 20k-30k range,which is what we are experiencing now. I am hoping to see a pump in the price to 40k at the end of this year. This means that if bitcoin goes below 15k we won't be able to see 40k price by the end of this year. This will also affect the halving impact on bitcoin price. The halving will bring the bull market price and we are close to these two events so that is why we can't get a lower price. Bitcoin has hit its lowest price last year and wouldn't go back because there have been correction in the price already.
This is true and unfortunately there are still some people who create some fud about it. I do not know why and what the reason is but I could say that it has been on a full effect recently and it looks like they are going to keep doing it for a while longer as well.

I get that some people may want to see it change a bit but that doesn't mean that it will, it will be very different on the long run. I think the best case would be having some sort of trouble where it will not be simple for anyone to end up with a good result. I think it should be forgettable cry for help or something from trolls and we should not really be caring about what they are saying and the price of bitcoin will do just fine without a worry.
1033  Economy / Speculation / Re: Take your eyes off from the fall in price on: August 29, 2023, 07:04:49 PM
There is no how anyone who has an investment in bitcoin will totally remove their eyes from the price of bitcoin. Even if it is long term investment, at a point you need to pay attention to the price of bitcoin. Wherever the investment of man is there also his mind will be. But the difference is that a day trader will always have eyes on the price, a short term investors will have eyes once a while and the long term investors may almost seem uninterested about the price.
I think there shouldn't his mind be, that is the trouble. If you keep talking about or thinking about your investment then you are not going to end up getting any good return with it, because you will want to do something with it all the time. I think it is quite important to remember that we are talking about a situation where it is going to end up with a trouble on the long run.

It is better to have some sort of result where it will be a big deal and when you can do that then it is going to be a lot more important. You should forget about your investment whenever you can and that will result with you doing a lot better and you should be making a profit when one day you come back to it when you hear that the price went up a lot.
1034  Economy / Economics / Re: Increase in stable coins adoption might just be the key to crpyto dominance. on: August 29, 2023, 08:46:23 AM
How is your country's currency different from stablecoins? Nothing, damn it! What could be a positive trend in this for currency users? Nothing. If the currency of your country is controlled by the government (central bank), but the stablecoins are controlled by a certain company, which, in both cases, can do whatever they want with their stablecoins, whether it be endless emission, and therefore inflation. Stablecoins are a very, very poor alternative for storing value, only valid for a short period of time. Stablecoins has the same disadvantages as any money - depreciation and unsuitability for storage. Stablecoins can't help countries beat inflation in any way, even though it is better than the national currency. Here need completely different tools.

The problem with stablecoins is that there are already several options on the cryptomarket, and new ones will be created. There was something similar in America, when each state had its own dollar. Which of stablecoins will win is unknown, but the losers will be useless to anyone.

Make a mistake with an investment of stablecoin and you are a beggar.
That is %100 true and this is why I do not use stablecoins at all. People who think that stablecoins are fine are people who are just kidding themselves. I just put my money in fiat and wait for the price to drop if that's what I want to do, which is rarely what I want to do to be fair because I keep all my investments in bitcoin and nothing else, but in rare cases that I rather have dollars, I do not use usdt, I just use usd and that way I know that it's the same thing.

Most places have a withdraw option to your bank, and in order to do that you need to have fiat, and then fiat in your account could stay there without you withdrawing it and then you could reinvest it. USDT has nothing over USD at all and people will eventually realize it.
1035  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: August 29, 2023, 07:01:40 AM
It's all about Russia and China trying to increase their influence in the world through the arrangement of third world nations against first world countries which are lead by USA. I don't know how strong this economical alliance can be, but I fear we get more distant from US and their allies to give preference to russians and chineses. Living in Brazil, personally, I prefer to stay with the occident, because it's still where freedom and individual rights are more respected than in the rest of the world. And if BRICS get stronger, I believe there is a real threat tyranical practices from the east may be applied to us too, even living in an western country.
That is a trouble even right now, and the fact that they could grow to be bigger is definitely scare for sure. However, I do not think that they will get more powerful, they still need the money from the west, all these nations are poor compared to west, only nation in all this list that could be considered rich is China and even they are having financial breakdown right now, USA could crash as much as they want and still come out on top and that is what matters.

I believe that we need to end up with a situation that is a bit different and should be considered that BRICS could never be rich and just need money from the west all the time, they need to sell their resources, factories, workers, and everything else just to get money from the west.
1036  Economy / Economics / Re: All millions are from real estate. on: August 28, 2023, 06:40:41 AM
When they choose a real estate investment, of course they already understand in detail about the investment, both the losses and the benefits. You are right, with the current population increase, of course they will need houses for their homes and it would be great if we had a property business, of course it would be very profitable.
While the land has a limit to be occupied for many countries. The value of it increases and that's how it becomes profitable.

As we want to have our own properties and use it for rental as a business, not everyone is easy to afford it. For those that don't have money for downpayment or capital to start, it takes time if you really want to push it.
The weird thing is that we have enough room to house everyone, you can get all 8 billion people, give everyone one house, as in literally 8 billion houses, and it would fit in Africa alone, even without considering other continents and nations. So, I think it's quite important to realize that we are not going to end up with lack of room for development. All you have to do is find good places that will benefit you and you could make a profit from it if you want to.

You just need to be careful where you pick the land, if you pick a land that will gain value in the future, then you could develop housing there and you will make a profit. You can't do that at the center of New York, but you could do that at a farming town nobody lives for now, and in 30-40 years maybe it will be crowded, pick a place like that.
1037  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 28, 2023, 06:02:42 AM
This is funny because I see no reason why you should be seeking for such an opportunity, when you already know that living is already  risky and this your post is another avenue to invite scammers to your pm and I'm sorry for say that, most times these scammers are very difficult  to resist because they always come with the very options you desire and also give you a lot of proves and documentations and it is  always very difficult  to resists moments like this.
Well I don't know of self servicing and maintenance bjt I know that one business you can easily  invest in and make  profits after the appropriate licensing and launch, you're expected to start making profits as soon as possible
The funny thing is that if there was a thing that you could do like that, everyone would have done it already, why would this be a secret, it would be the most common information in the world and everyone would have done it. It's obvious that there is no business where you can start today and make a profit tomorrow, because that is not possible and it should not be possible neither, technically speaking everyone would get in and then because it's saturated, it will not become profitable.

I think it's quite important to just focus on things that will not make you profit right now, but a business where you spend very little capital but a lot of hardwork to make profit in the future, that is a better approach for smaller capital requirement.
1038  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON is bad coin, here is why on: August 27, 2023, 05:59:52 AM
Then you should stay away from tron ​​coins and why not accept those who have much better coins. Moreover you should evaluate first from the research and leave if their development activities are not progressing well. You probably know that there are many better coins in the crypto market than tron. Also investors always give more priority to profit so take those where your profit margin is good. However tron ​​is a good coin for me and there are many reasons why.
This is why TRX did not grow to be one of the top even with secure and cheap/fast transactions. Too many people saw it as a bad one even with all the advantages it has. I understand that it is not going to be simple, but it should be pointed out that it will not be profitable as long as people do not find it that great.

This should be the thing that could matter to you the most, I get that people want to invest into something that will make them some profit, but if you avoid this then you are not going to get anything nicer in the end. Hopefully we are going to get something that will be better on the long run, it should be getting better if they keep on improving the coin. If not, then people could just keep avoiding it.
1039  Bitcoin / Bitcoin Discussion / Re: Bitcoin negatives on: August 26, 2023, 10:30:31 AM
I may not say that bitcoin is 100% the perfect solution but what it offers us today is the exact solution to the financial and economical challenges we are all facing with the government, so when you're talking about negative aspect i may not argue much because it will surely exist no matter how the little or small it may appear, the advantage is what we look on to and embrace the decentralization for our own personal interest, the solution is far better than any form of negative influence others may thought about with bitcoin adoption.
This is something I wholeheartedly agree, we may not have any solution to it that is better than bitcoin right now and that is why it matters so much.

The only fair thing I could say about bitcoin is that it does spend a lot of energy right now and we could definitely find a better suited program that would be better, staking that ETH uses so far seems to be working and turning bitcoin into that may take many many years but at least we have a way to do that and I think it should be important to keep repeating that whenever we can, it should be a big deal. Obviously it will take some time but we could make that work and that's important. Of course it is not that big of a deal if you are not careful about it as well.
1040  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin at this Price limit its Global Adoption? on: August 26, 2023, 09:28:03 AM
At this point it's all about getting a piece of the pie, you don't have to buy 1 Bitcoin to be a Bitcoin investor and there is nothing to rush for, you can gradually keep accumulating Bitcoin and in time you will get to your dream amount you have always wanted.
Bitcoin is well designed by allowing Bitcoin users to move it in satoshi unit and pay transaction fee in satoshi unit too. You mentioned a good point that people never have to buy 1 BTC as a condition to own bitcoin. They can buy 1, 0.1, 0.001 BTC, whatever amount that fits with their available capital.

Only condition is they must take into account on-chain transaction fee and make sure they will not have like nearly nothing after one on-chain transaction, one withdrawal from a centralized exchange. $10 or $50 is enough small capital to buy and own bitcoin but I know $10 and $50 is big capital with many people.
Which could be considered not big when you think about where you can store it. If you deposit some money into binance for example, you are not going to spend a dime (depending on the bank) for sending your fiat to binance, that's free. On top of that, you spend like what 0.025 or something to get bitcoin with it? Just the trading fee, whatever it was. That means that you are going to spend very little, and no matter how tiny your capital was, you are going to end up with something you will be doing fine.

I hope that we could end up with the understanding that you do not have to be rich in order to make money in the crypto world, you could keep on making profit and should just end up with as much holding as possible even with small amounts.
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