Latest posts of: justdimin

Quote from: BenCodie on July 05, 2023, 09:42:06 AM

(Not financial advice)

50℅ BTC
30℅ ETH
20℅ Solid top 100 altcoins/tokens (10 of them)

I think that this is the best setup.

Why shy away from promising projects just after their downfalls from all time highs? There's no reason if you're ultimately HODL'ing. It's completely fine to have some exposure in case you get a exponential return.

I think a better set-up would be like this> 80% for BTC and 20% for ETH but I prefer this set-up better> 100% for BTC. No need to waste our money, time and effort on other cryptos because all of them are only depending on Bitcoin. If BTC falls they also fall although if BTC pump they will pump but I think our profit potential is still the same or have gotten lesser than if we put all our of money in Bitcoin.

Many projects are only promising at their earlier runs but once they dump they will hardly recover anymore so don't ever mistaken their dump as a good opportunity. We are not holding for no reason but all of us are doing it because we want to earn a massive profit.

Quote from: moneystery on June 30, 2023, 11:51:56 PM

maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline

I live in a city where the rate of people making loans is quite high until yesterday I heard of a neighbor who was fighting with a debt collector because he was unable to pay but the debt collector belittled the borrower who was unable to pay

The problem is that loans weren't created for this, it wasn't created so that you can take luxury vacations, buy expensive bags and cars and phones etc etc, it wasn't created to fund your life. It was created so that banks would make more money, how does that happen?

They give you 100 bucks and get back 105 bucks, and that extra 5% is the way they make money. Logic stands that if we do not print money, and total is 1000 dollars ever printed, if you give all 1000 as a loan, then there needs to be 1050 paid back, but we only have 1000 printed? So where does the other 50 come from? It doesn't, we either print more money which we are doing, or banks take what you have as a response, and they own the world this way small by small, slowly but gradually.

Quote from: ancafe on July 06, 2023, 07:56:59 AM

Quote from: The Cryptovator on July 01, 2023, 09:25:55 PM

It is crucial to educate yourself about Bitcoin before investing in it; otherwise, you may experience regret later on. Many beginners believe that they can quickly make money from Bitcoin and hastily jump into it. However, when the price begins to drop, they become distressed and sell at a loss. It is important not to invest in Bitcoin with funds you cannot afford to lose.

I agree with you that educate yourself about investing is much better than forcing yourself to get involved in investing without bringing any knowledge in it. Beginners are too quickly satisfied with some of the news they hear outside, so they try to get involved in investing even though they do not have basic knowledge, but in the end they have to give up when market conditions experience a sharp decline.

Not having any basic understanding and getting in would definitely something scary and people who do that are making a huge mistake without realizing it. It is not going to be that easy to make a change anytime soon but you have to realize that bitcoin is a tough world to crack into if you are not careful.

Sure you could do the simplest thing and buy bitcoin and hold it and you would be making profit but that doesn't mean that trading would be a simple thing, but trading is a hard thing and you would not be able to make a profit in the end. I believe that we should be careful about what we are doing while trading and you would be able to make a profit only based on how good you are while you are trading so you should be a veteran at it and learn more about it.

Quote from: killerfrost on July 06, 2023, 11:35:52 AM

Apart from bounty I have an interest in testnet, retroactive, airdrop,... in the crypto space. I'm not too fixated on making money with this market and bounty is just a small part, obviously now bounty doesn't have much appeal as well as quality projects, but I think it will also have relationships about the fact that developers are limiting ideas to create projects and build community reward programs. However I also understand that the bitcointalk space has many ways of making money beyond just bounty.

Bounties used to have a lot of interest and people would do all the things projects asked them to do just to make money, because most of the bounties would pay you something, maybe not a lot of money but they did gave you some money.

Considering that's gone now I have to say that we are not going to see a lot of bounties or airdrops anymore, sure during the bull run there could be some more tries and I can understand that logic but that doesn't mean that we are going to see them do well neither, we could see them do differently. I believe that we need to focus on making as much profit as we possibly could, and in the end we are going to see that things outside of bounties are still possible and we can find work in the crypto work that pays us well.

Quote from: Minor Miner on July 06, 2023, 05:40:34 AM

The world has never been fair and not entirely equal, and undeniably the rich always oppress the poor in every way. But don't blame them because if you don't want to be oppressed by others, get rich, and find a way to get rich, you will never be oppressed again. For me whining and criticizing others will not solve the problem, instead find a way to fix it and get over it.

Regarding the OP's idea, I think the OP seems to be being too delusional about bitcoin and treating it as a god rather than a currency.
Bitcoin can reduce poverty, reduce unemployment, and now the idea of bitcoin can balance rich and poor, I really don't know if anyone has any other ideas about bitcoin, Tongue

This isn't even a new thing neither, like even 5000+ years ago that was the case, we had a rich class and we had a poor class, depending on where you live, even slaves were the lower class, and people who didn't know any better just assumed that was the things should be, it took us like just 100 years ago or so until we got rid of slavery all together, some a bit later but generally it was over.

So all in all, I have to say that it is not an easy thing to say that lower class should get closer to richer class, it is not a simple thing, if it took us thousands of years to stop slavery, then wage slavery will definitely take longer. One thing I worry more is that desire to make more profit is hurting the world itself, the earth, we may not have a habitable planet because of it.

Quote from: ancafe on July 06, 2023, 08:15:26 AM

Quote from: ShowOff on July 05, 2023, 06:48:20 PM

Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.

Sideways or sideways is still possible going forward, but optimism remains that the conditions related to the halving will also be getting closer, so how do we have to be able to take advantage of the conditions to collect bitcoins. DCA is still a strategy that can be utilized even though bitcoin is slowly showing an upward process from the previous correction.

Going sideways is not a terrible thing, as long as it doesn't go down that means we are going to do fine. Looking at OP's price point, we have gone up from that, seen 31k+ and that's a good sign for all of us, bitcoin is capable of going higher. That means we could probably go even higher, if we didn't get stuck and going sideways that means we are going to end up with a better result eventually.

I am not saying that it is going to be 100k tomorrow, but going higher is a good thing, we could possibly end up with like maybe 35k soon and that would be lovely, I am guessing that it will be something we would all want to see and that's why I believe that it will bring us a lot of profit in the future as well, or at least that's my prediction for it.

Quote from: kotajikikox on July 06, 2023, 07:26:26 AM

Quote from: Jocuserious on July 06, 2023, 02:11:14 AM

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Not only 100k but even higher there are saying that bitcoin will run up to million dollars if adoption happens and if the world starts trusting this not only for investing but for the daily use.
imagine how fast transaction could be and how much time will be saving and also the safer for security?
and with the amount of bitcoin available yes sure we will rich so high that what others could ever expect .

I believe million dollars will happen in the future. However, I am not sure if it will happen anytime very soon. I am guessing that it will take a decade or two before it gets there. However, if we could get to see legal worldwide then that changes things, it's already legal in most big nations and you can move it around, there is nothing wrong with that at this moment.

However, if it gets to a worldwide more accepted or basically more adopted method and a lot of people start using it then 100k is not a big number and should be done easily. I know that it will take some time, but this is a guess and prediction game and I can say that 100k would be very little compared to what we are talking about here as well, I agree with that.

Quote from: danherbias07 on July 02, 2023, 11:57:31 PM

Too many ideas less research. Let's see if Ethereum does this and where it will go after. But I really doubt they will ever do this.
We already have the USD to know the value of Bitcoin, why else do we want to create something that will divide the money again? There are so many altcoins around and it also divides the supposed to be money for Bitcoin that could've been increasing the demand every day and yet you want to create another one. It will just create chaos like the fork coins that came out like mushrooms.
But if only there's less competition in the market then it might work. But on today's date, you might want to think about it because there are tons of stablecoins in the market. BUSD, Tether, USDC, and more. Creating another will not create any stability for the Bitcoin price, it will remain volatile for a long time or maybe when the halving ends which I doubt we will still be alive and witness.

I think ETH already have its own stablecoin and that is Tether ( the original one only ) because right now, there are now Tether which are built for other networks. So far it is successful I think that is because ETH is already a top coin so it's not that hard to gain the trust of the public but how much more if we also have one for Bitcoin? Many people might switch on it but I'm not only sure if it's possible because stablecoins are a token and Bitcoin doesn't have smart contract capabilities in order for it to create a token.

Yes, we already have a USD but it is different from a stablecoin because it is offline. Having different currencies is not always bad but they are also helpful to prevent the risk than if we only invest in one coin. They also have features which can't be found on Bitcoin.

Quote from: yohananaomi on July 05, 2023, 10:07:16 AM

with a value of $ 10K is indeed not a small value if used for investment, but if you invest in bitcoin, you will only get 0.32 BTC.
but if it's on another coin it's clear you will get more, but I really agree to do a good analysis before placing it.
because if you want to analyze at CMC, there will be lots of altcoins that are very potential and worthy of investment [besides XRP and ADA], but I prefer to invest in just a few coins to make it easier to control them.
if you want it to be easier, in my opinion, just investing in bitcoin is even more profitable and very reliable, and remember that the upgrade period is not far off.

I remember there was a time where BTC stayed at $10k for a long time. If only OP have this amount and ask this question before, then maybe BTC is going to be his first choice because it will easily gave him 1 BTC in exchange for his money.

Time flies so fast and BTC reach more price levels and as you said, our $10k amount can only gave us that 0.32 BTC but I think that was still better than having more than 1 piece of other crypto. They are only good for displaying in our wallet but the small quantity of BTC is still the one that will gave us a massive profit. In between XRP and ADA, ADA must be better although indeed there are better coins out there than ADA.

Quote from: Jocuserious on July 04, 2023, 09:08:03 AM

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion?

I thought you dislike altcoin? Then why you are giving us that suggestion? But anyway the truth is that there are also legit altcoins. These alts are worth it to HODL for a long time obviously because it can give us a great income in the future and buying and holding is also a way of showing a support to the creator of those altcoins.

Your suggestion is still good only for the altcoins which are only good at the start because maybe this was only their goal and they don't plan to develop their alt and try more harder. Legit altcoins are important because they supply the missing features that people are looking for in Bitcoin. Alts help in the adoption of crypto or in Bitcoin so I wouldn't hate them.

Quote from: Rovega on July 04, 2023, 09:32:07 AM

I think that even though a verified Twitter account signifies a higher level of trust and authenticity than an unverified account doesn't mean it has to be a strong point for a new project. Verification only shows that the account owner is a valid person or entity, but does not provide any indication of whether they have expertise, success or credibility in a particular project area.

In order to assess whether a verified Twitter account is a strong point for a new project, it is important to look at the content and reputation of the account. Consider followers, engagement, the type of content posted, and the degree to which the account has proven expertise or success in areas relevant to the project.

I guess not because the new Twitter only require a valid phone number which can be bought anywhere and some money as a form of subscription to get verified. It does not require a valid ID, selfie and others like we did when we verify our other online accounts.

Anyone can now easily verify their Twitter accounts or have that blue check mark so it's not a good indication anymore that a project is trust worthy or have a potential to succeed because there's also legit projects who still fail. The best way is to still do an investigation. Check their links in their bio and study what you are seeing there. You can also search it outside to see if they are authentic.

Quote from: yhiaali3 on July 05, 2023, 04:08:50 PM

Yes, it is not wrong to spend some dollars on learning before you start investing in bitcoin or trading. This is required in any field not only in crypto. If you enter any field and you do not have sufficient knowledge about it, you will surely fail.

Also, it is not wrong to benefit from the lessons of the past or the past cycles of Bitcoin because they are similar, but of course it is wrong to think that they will be exactly the same. History gives us useful lessons to learn from and benefit in the future to avoid mistakes.

There are many things that the investor must learn, and the most important thing is that he does not stop learning and constantly developing himself.

Some spend some dollars to buy online courses and to hire a mentor because they think it's better to learn this way but it's still possible to learn without any capital. We still have this forum, Youtube and other places which provides free crypto knowledge. Learning is necessary but it's crazy how some people can skip it because they are rushing to make money.

Well, they can get lucky but it's not sustainable. It's like they are only playing a gambling and most of the times they can only lose. Crypto market works in cycle so some strategies can still be able to work after some time though it's always better to have different strategies so that we can continue earning a profit at any market conditions.

Quote from: nelson4lov on July 05, 2023, 04:05:33 PM

I would advice you to take the long road of consistent studying of the market rather than investing in tools like this. Cornix bot have been around for years now and it was heavily hyped in the early days but it didn't take long before everyone realize that even the best configurations in the bot didn't yield any returns. It might have worked in a bull run but in a bear market, the game is played differently. The earlier you understand this fact the better it would be.

The good thing about studying on our own is that it was free and we won't blame anyone or the creator of those tools that we are using. So Cornixbot was not a product of the OP? I thought this was some kind of a shill post but it's great that you expose some things about this bot. Now others or the OP will be aware and they wouldn't spend more money on it anymore because it wasn't worthy as the trade initiated inside the bot won't still give us a lot of profit.

Those who already avail some subscription in the bot like the OP, should wait for the bull run to come before they use the bot again and see if there is any major difference but I wouldn't recommend extending the subscription no matter what is the result.

Quote from: Fredomago on July 04, 2023, 11:38:19 AM

Quote from: Kasabus on July 03, 2023, 08:44:47 PM

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.

If you do that, then you may "learn" how to do it, but you will always be tied to them because those type of places will want to keep you so they will mostly teach you one thing for a whole month, too slow, and then move to next one another month, just to keep you there.

There are a lot of free places where you can learn this, of course the "free" part is that the people who share them make money from ads, like youtubers for example, or even articles, because they need to earn too, but it doesn't have to be from you. I believe that the best thing to do in this case is to make sure that you can end up with a profit over course of some time, and I believe that's going to be possible if you could learn yourself without paying someone else.

Quote from: Blitzboy on July 04, 2023, 09:33:16 AM

Quote from: TheUltraElite on July 03, 2023, 05:11:22 PM

The bitcoin ATMs seem to be accumulated in some specific countries as per the coinatmrader website and I guess that follows the local government rules and regulations. I would like to see them come to more countries but I guess this will follow the same order as western companies did gradually moving to eastern countries.

I do feel encouraged to see such news come up, hopeful that in future I can at least wake up to see a bitcoin ATM in my neighborhood grocery store and people use that regularly without law enforcement breathing down their necks.

Good or bad, this instills hope for such a future and criticism and finer points being kept aside, I hope this project goes ahead and makes a name for itself.

Bitcoin ATM distribution is significantly influenced by the state of the law in the area. There will be a change in availability and acceptance of Bitcoin and other cryptocurrencies as their validity grows, in my opinion. Seeing Bitcoin ATMs pop up all over town is an exciting prospect for the future. In all seriousness, this would be a huge step toward making Bitcoin transactions commonplace. It is crucial to maintain optimism despite the fact that we recognize the legal and regulatory difficulties that such endeavors confront. There are many others who share your excitement for Bitcoin, and we can all work together to keep bolstering efforts to spread the currency.

That is of course true but also depends on the wealth of the nation as well. When you have it on the USA or western nations you know that people have the money for it and they will use it, you can use it on lower income nations as well, but would you do it on Somali even if they allowed it? Like let's assume Somali as a government ended up making bitcoin legal, even further, made it legal tender, would you put an ATM there? Of course not, why? Because they are a poor nation, it will not bring you much profit.

This is why it is important to remember that we are going to end up with a problem one way or another, it just has to be a different approach eventually and you will do much better on the long run and it will give you some profit in bigger economy nations.

Quote from: nelson4lov on July 04, 2023, 11:35:27 AM

Quote from: hd49728 on July 04, 2023, 10:44:33 AM

Quote from: mk4 on July 04, 2023, 02:56:09 AM

No one knows — but one thing's for sure, it will take a while for it to happen if it were to happen. And while it will likely be a major country(or BRICS) that would replace it(if it actually happens), let's just hope that it's BTC lol.

I hope that The Bitcoin Standard: The Decentralized Alternative to Central Banking will replace both Gold standard and USD standard.

That's what we all want for Bitcoin but in reality it's going to be much more difficult because of a couple of reasons

- It will take a while for people to move from status-quo currencies to innovative ones like Bitcoin and cryptos. A lot of people don't like change. They're even afraid of change itself.

- It would take more time before Bitcoin can get the massive adoption we all desire and we are on the right track. We have to abstract complexity of the technology and significantly reduce transaction fees and finality to the barest minimum. A large percentage of people are unbanked, they need to be introduced to something more better.

It doesn't have to be "every" person, as long as we have enough movement behind us, that's enough. I know that fiat will stay as the strongest there is nothing wrong with that but that doesn't mean that it has to be the only one.

I believe that just like how we moved away from paying with cash and started paying with credit cards and such, and now moving towards NFC a lot as well, that means NFC could be used for crypto as well, and that means we could pay people with crypto very easily thanks to innovative technologies. I am not saying it will be simple, but it will certainly be not that hard as well. This is why it's important to keep believing in bitcoin, we may do well or we may not do that well at all, we just need to keep focusing on it.

Quote from: robattfield on June 01, 2023, 05:18:46 PM

Another meme promotional post. This is really bullshit, so it's best to avoid this coin. No matter how creative or original it really is, the meme's nature should be removed from the portfolio. In addition, I often see memes that have good ideas and advertise them heavily, or they are often delusional but do nothing. So it's best to stay away from them lest you lose money unjustly on these stupid coin memes.

You got a point there. If the project is truly serious and is different from the rest of the meme coins, then they better create it normally without that meme coin vibe in it, like they won't use existing names like Pepe, Inu, Shib, and Doge. They shouldn't worry because they can still be discovered with a couple of promotions.

It is the initiative of the project is what makes it stand out. In fact a lot of meme coins are also being promoted heavily but only a few of them have a became successful. I think they are those who have big backers or connections, making them to get listed on a big exchange and do manipulations there. Everyone will then notice it and they might get attracted to ride it.

Quote from: jossiel on June 30, 2023, 10:58:59 PM

I still don't know the reason behind it but it seems our friends telling that it's because SEC releasing a statement about SEC should do it.

But no matter what again, Bitcoin easily recovers and goes back to $30k quickly. And even if there is no reason, it's normal to see these dumps every after bump that we see.

Then, we go from there and that news impact did a bit a lot but very short time.

SEC releasing statement about SEC? I think this was a typo but my guess it was Binance you're supposed to say there. It was still an old issue and I think it's not responsible for the recent decline that we feel. I never hear a negative news lately so I assume it's only a normal drop as you said. I think this is the correction that they are talking about.

Anyways, we are back again at $30k which should be our newest and strongest support excluding correction of course. Those who keep an eye of the dump and then buy quickly are lucky because they easily score a profit there. For those who are already HODLing, don't worry because your time will also come soon.

Quote from: xSkylarx on June 30, 2023, 01:58:30 AM

We are all the same; everything pays taxes, and it is your duty as a citizen of your country no matter what. Don't compare yourself to bad guys that are doing bad things because they are not helping your country. The real purpose of this is to improve your country and help it by paying taxes. Though I know that you are struggling to pay it, we don't have a choice because if you don't do it, you'll be facing legal problems, so it is better to pay it.

Given that there are bad guys, then it means not all are the same. Those bad guys can evade tax but there are consequences about it so indeed we shouldn't follow it. I think the amount of taxes we pay will also depend on our capacity. I never been forced to pay my tax, I guess that is because I am only earning less and I don't work in a formal company. I am just another freelancer though there might be indirect taxes like when I trade my crypto or buy something but those amounts are not really alarming.

Like you said tax still helps to improve our country. Let's only hope that officials that handles it are not corrupt but it's also our fault if we vote the wrong person.

Quote from: Black susano on June 21, 2023, 10:21:51 PM

The reason why I bought this topic is because of the matter arising today in the economic system, I no maybe this topic may sound like shit or may never come to pass, but let's keep that aside the way cost prices are now in some countries is like hell, so I am still asking if you were the president for a year in your country, how would you treat your country economic growth what will be your plans as the supervisor over the country and how would your economic budget look like.

One thing I would change would be where we spend the tax. If you could have an IRS like organization that checks the government and not the companies, that organization would be able to figure out where the funds go, and have a detailed document of every single thing that the tax is spent on.

Whatever seems like unreasonable, they would open an investigation, for example one mayor in our nation had 245k dollars worth of food expense, and not like for year or anything, all at once in a single purchase. Obviously that should have been a nationwide scandal, but nobody really cared and it blew over. If I was the president, every single cent of taxes paid will be accounted for and online for everyone to see in a single website, that way we could be more efficient. Jail all those who take advantage of taxes and steal publics money, and you won't have many bad politicians left.