Latest posts of: justdimin

Quote from: Pierre 2 on April 11, 2023, 12:19:46 PM

Great thread here. I was honestly considering this but I wasn't exactly using indicators but only checking "halving trackers" on twitter and trusting my feels. I feel like we will definitely hit 38k-40k from now on as OP suggested. But I am still thinking about sudden retesting around there. I am trying to find a place to sell some of my coins to reenter but it feels too risky eventually. 60k seems too unrealistic to me, I mean can we pull that much attention to crypto now when rates are damn high? But in long run I guess many investors are gonna be happy. Everything seem positive for hodler.

That is something I considered as well, I mean think about it we are talking about a situation that is making us profit thanks to going up, and going up alone. So, I wanted to see how the year is looking and how we could increase, I think this type of increase is likely and we will probably see 40k this year.

It is already above 30k and we are not even at summer yet, we have more than half of the year remaining and we are already nearly at double since the start, this should provide a proof that we will be doing fine. A lot of people do not consider this as a big deal, but I find it a big deal, doubling within 4 months means that we should be able to do a lot better for the rest of the year and reach a big high price.

Quote from: boltz on April 11, 2023, 11:04:36 AM

What a sudden jump in BTC price Shocked

! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? Grin

They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days.

I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market.

We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important.

Quote from: boyptc on April 11, 2023, 10:55:49 AM

Quote from: Baofeng on April 10, 2023, 11:15:31 PM

If they continue to wait, then they are going to lost their battle, because the chances are slim for bitcoin to hit $10k, in my opinion. We may have seen the lowest low for all we know for this bear cycle. And we have been trading sideways for the last 10 days, and now there is a big uptick in the price, and we might see $30k for this month or even higher if this bullish sentiments and FOMO continue.

As for the CPI report, speculators are hinting that the Fed will end it's series of interest rate hike.

If this is the case, the most likely, Bitcoin and the rest of traditional market is going to really because of this positive news.

That's also what I think because these people have been dying hard to wait that price to come, they've been all talking negatively and frustrating feelings of those that can read their "TA".

Bitcoin just hit $30k again and this is a celebration for everyone that has been waiting to see its price to be back at it again at that level.

I think people who are not happy about 30k are the people who waited too long to buy, nobody else would be unhappy about it. I personally had to sell because of medical issues and even I am happy that it went up, it would be better for me if it went under 20k again so I can buy again, that would be personally better for me but I do not see this as a personal issue, bitcoin going up is better for the market and should be considered as a great thing.

Not a lot of people consider that and for some reason they keep doing what they like doing which is complaining and whining about it. Going above 30k is amazing and should be celebrated, I personally celebrate it and I hope that it goes even higher very soon as well.

Quote from: stomachgrowls on April 10, 2023, 08:11:38 PM

Dominating or not, it doesnt matter because we are all here as a trader doesnt care on what gender you do have.There's no need for some competition just because we do see that they are women but its not good to
look down on them and wont really be letting ourselves men to be beaten up? For some then it would really be touching up their ego and this is why they would really be that mindful even with these slightest details.
Overall its not really that something that could be bothersome.Just mind your own business and make yourself that profitable and doest mind whether we are beaten up by girls or not.
There's always that kind of competition in between genders but overall it isnt really that something we could bothered be on.

Well when we think about it, do I know what gender you are? Do you know what gender am I? It is really a hidden thing that we do not talk about. I mean I do not go around and tell everyone that I am a man, I just have a nickname and I go by that and ,it's your job to guess which gender I am if you want to, but most of the time I do not even think about that because I don't really give a damn. That should be how it is in any part of the world, don't really care about anyone's gender at all when it is an irrelevant topic, in the end that would make sure that you could make a bigger difference.

I personally hope that the best thing to do in this case would be spending some time on how you could make a profit and that is irrelevant to gender.

Quote from: jeraldskie11 on April 11, 2023, 01:33:49 PM

If you think about it, it's normal to say that you have to invest more because you see that if you invest more, you will earn more. There is nothing wrong if you want to get rich, but the wrong way to get rich is that it has a very big risk that it is possible to make you also become poor. I see what the OP said that being greedy is the reason why they failed. That greediness is the cause of emotion, it is their emotion that controls them and they didn't notice it.

So we can see that it is not good to give in to our emotions because we can make bad decisions. And because it has happened, they will have to move on without being affected so much by their emotions so that they can proceed with their other plans in life and become successful.

I think it depends on what you are investing into or what you are trading. There are too many people who end up trading the wrong thing and that is why they end up losing money as well, I would prefer not to do something like that and instead make a profit by investing smartly, if I buy bitcoin then there is a very little chance that I would ever lose money, I would wait even if it is low and when it finally goes back up, even after a year, I will sell when I am in profit.

But when you are trading, you do not have that much time so you need to use stop loss and never go down too much, if you get out quickly when things go south, that means you can recover later since it would be a small loss that can be gained back quickly.

Quote from: |MINER| on April 10, 2023, 05:00:57 PM

Quote from: Negotiation on April 09, 2023, 02:25:35 AM

Do you think there could be anything other than Bitcoin in terms of long-term planning?

In Crypto currency world I don't think that there is any others better options like bitcoin . Because Bitcoin is perfect for both security plus profit. Bitcoin is one of the best digital assets. So there will be no question of how Bitcoin will be for the long-term, practically if we look at the previous history it will definitely be good. But since you have mentioned trading pairs here, I would say that selection of trading pairs really depends on personal strategy. It can be different for everyone on those uses

That's the thing which makes the pair better, people love bitcoin and you may disagree on some other coins together, not everyone will agree that some altcoin could be good, but everyone agrees that bitcoin is great and that makes it so much fun.

I personally would love to get as much bitcoin as possible, but if I had another altcoin, I may sell some of it to get bitcoin instead. Think about it, if you give me a million dollars worth of even ETH (and certainly all other coins) I would still sell some of that and buy bitcoin, but if you gave me a million dollars worth of bitcoin, I may keep that. This makes the bitcoin trading pair as the best one against any coin out there in the world and that is why people prefer it.

Quote from: Husires on April 06, 2023, 02:23:36 PM

I remember several years ago there was a similar platform whose principle of operation was simple, as it was converting bank and PayPal into Bitcoin, the idea is as follows:

You buy virtual currency inside the platform, for example, by Xcoin using PayPal.
Within that platform, you can switch between that virtual currency to Bitcoin.
You can withdraw bitcoin.

There is no direct conversion between bitcoin to PayPal, but rather the use of an intermediary currency.

This website has been working for several years but they stopped due to regulations as the company's bank accounts were banned.

I would guess that you could do that today if you want to but that would be a bit of a trouble considering paypal also has a chargeback as well. So, if today I will give you bitcoin and you pay me in paypal, even if you end up paying first, then I would have to make sure that you do not do a chargeback. If you end up doing a chargeback, I won't be able to get the bitcoin back from you, but you would be getting the money back from me. How am I suppose to prevent something like that happening?

This is why I think as a business this is not a profitable one, it will be raided by people who would abuse such a thing and that is why it would not survive for too long.

Quote from: South Park on April 10, 2023, 07:26:06 PM

Quote from: bitgolden on April 06, 2023, 08:33:24 AM

I think not knowing "when" is one thing, but knowing "if" is the important part. I personally "know" that it will go up, don't know when it will go up but I know it will, which is the only thing that I care about and that's why I buy bitcoin as much as I possibly can. That's an important part of bitcoin accumulation that everyone should be aware of.

Obviously just because we are not buying it right now doesn't mean we are too late, if you are not buying right now, then you can buy tomorrow and still profit eventually. So, always be on the look out to buy more and invest more, because no matter when it goes up, it will eventually happen and give you more profit.

This is a nice way to put it, traders spend their time trying to figure out when the next big movement is coming in order to maximize their profits, but this is not the question investors should ask themselves, what they need to ask is if it is possible at all that an asset reaches a specific price, and if they believe this is the case then the only thing they need to do is to buy that asset, hold it and enjoy their profits once that asset finally reaches their target price.

I think it is not even a specific price but more like if it will go towards the direction I want it to go. I am a long term investor with just a side of trading a bit, and I can tell you that the mindset is very different. When trading I have a price to buy if it goes down there, and a price to sell when it goes up there, and I react depending on how it moves.

However, when I am holding, as long as it is going up eventually, which I think bitcoin and ethereum does, then I have nothing else to worry about, it can reach any price it wants, the price is not what I wonder, it is about the direction which is up. That type of difference is very different parts of the brain, and you need to realize how you can separate the two from each other.

Quote from: BVeyron on April 10, 2023, 11:29:24 AM

The actual problem of BTC is, in my opinion, weak psychological perception, while fiat money have adorable effect. Most people got used to fiat money just because they believe in its reliability (though the reliability of a y fiat currency is far not that strong), and one more thing for psychological acceptance is good infrastructure: for fiag money there are ATMs, branches, all the shops/banks/employers are in favor of working with fiat, and there is no such infrastructure for BTC: none of financial structures are ready to work directly with bitcoin. While the system remains the same, BTC will remain no more than a way to earn fiat.

I think it is not reliability or anything like that, it is not even "liking" fiat, I think it is just the wide adoption. For example if you live in any nation, the fiat of that nation would be accepted everywhere, doubt it would be possible to go anywhere and not be able to pay with that fiat, whereas we all know crypto is not like that right now and that's an issue. All in all I would expect that the people who end up not really using it would be the people who go towards crypto anyway.

So, when it comes to crypto vs fiat, the biggest difference and the reason why people prefer fiat is the fact that it is already accepted everywhere and can pay anything you want with it. As long as crypto goes up in adoption, we will get there.

Quote from: Issa56 on April 10, 2023, 05:18:23 PM

Quote from: Victony on April 10, 2023, 08:38:09 AM

Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly .
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a do or die affair

Invest any amount you can afford to lose, no significant amount is to big to invest in bitcoin and no amount is too small to invest, depending on the amount you are having, you don't have to invest all your money in bitcoin, it's wrong invest any amount you know it won't affect you even after investing, don't allow bitcoin investment to be a problem to you. Have seen people that want to sell their properties just because they want to invest, it's wrong nobody is forcing you to invest.

I agree with this, my first ever investment towards bitcoin was 20 bucks, as low as it gets, but I still had fun with it because it allowed me to spend it, back in those days transaction costs weren't this big, it was just couple cents, and that way I researched so much and learned so much about it.

I suggest the same to people, maybe 20 bucks to bitcoin isn't looking big now, but you could put it in an exchange, get something else, cheaper tx fee, and that way you could move it around and learn so much about it. This isn't going to hurt you because it's so low, and allows you to open the doors for so many things in the future and you should focus on that. Definitely a way to enlighten yourself about the crypto world.

Quote from: Nrcewker on April 07, 2023, 04:41:48 PM

I think we shouldn’t debate much about this topic. We all know and agree that Bitcoins are the best coin possible to invest. At least it’s the best for long term trading and investment. The reason is pretty simple, we have seen what Bitcoins are capable of for the past 10+ years. Bitcoins have the largest marketcap and very much popular among the masses. Moreover the limited amount of Bitcoins makes the coin more valuable and hence you will definitely expected to get returns when the demand for the coin will increase. Now the choice is yours. Use your brain and choose wisely.

Interestingly, not that many people agree on that somehow. There are some people who are so passionate about some of the coins and tokens out there that they think it will pass above even bitcoin. I have no idea what makes them think that but I have seen plenty of them. ETH is the only one that remotely makes sense which I still think won't happen but I can understand why one may think it could, yet there are people who think coins which are even out of top 10-20 range, could end up being above bitcoin in the future.

We should all realize that it's not going to happen and Bitcoin is the best coin and we should be doing fine for sure, I know it's not going to end up being easy, but that's how we should approach it.

Quote from: Beparanf on April 07, 2023, 04:22:03 PM

Quote from: OcTradism on April 07, 2023, 02:13:40 AM

With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?

The answer is NO. Simply because these tokens start from small circulating supply then later own increase until the max supply was reached. All start-up project has the tokenomics of releasing the total supply in tier throuh specific time table. This token manage to reach all time high when their token supply is at the lowest level. Right now most of them increased there total supply to optimum level which is the main culprit for the continuous price decline.

Unless this project has a deflationary mechanism to decrease the total will make reaching ATH again possible. DeFi hype is almost over due to scarcity of liquidity that coming from VC money. Banks are struggling which is the main source for capital so I doubt that DeFi will be prosperous again without the liquidity that they need.

That is the trouble most of the time for these because there aren't enough buyers to cover the increase of the supply make any sense. ETH is also like that but it has enough buyers to make it make sense, because a lot of people keep buying it even thought it is unlimited supply.

In order for this idea to work, you have to have a lot of buyers, even during the bear period, there should be enough to make sure it doesn't bottom out at the near zero levels, it should keep its rank at least on cmc for example. ETH did, it is unlimited supply and bear happened and it stayed at second, because it's a good one. Pancake was the one I had so much belief in, and sad to see not doing so well as much as I expected it to do.

Quote from: kevinzxz on April 06, 2023, 02:07:56 PM

it's possible that meme coin will be the same as shit coin (has no value), that's why I don't like investing in meme coin, because people invest in meme coin just because of hype and not because meme coin has a good project, that's why meme coin very risky and doesn't make me interested to investing in meme coin.

Yeah true and it is a sad fact that not many of the people in the world get to see that. Everyone should be able to understand and see the fact that memecoins are equal to shitcoins and none of them should be invested. And yet even after a huge bear run we are not seeing people do anything about it at all.

I have absolutely no idea why, it should be easy to see and figure out that they are both terrible and should not be invested into, but yet meme tokens and coins still have some value, doge is even in top 10, and shiba is not far off behind neither. That is tragic and people will end up losing so much because of this tragedy, it is just matter of time.

Quote from: Finestream on April 07, 2023, 12:47:08 PM

Quote from: avikz on April 03, 2023, 06:01:53 PM

This was expected to happen. Even in my country, crypto companies faced the same issue. It went to such a level where some companies decided to close down their operations and one of them moved out to Singapore from where they are providing services to 30+ countries.

You need to understand that banks are the biggest financer of any country. So they have a very strong lobby and high level connections within the government. So such attacks will continue to happen, worldwide. UK is just leading the way.

This is true. Until cryptocurrencies are considered a threat to fiat, the government will never allow its adoption and will continue to command banks to set restrictions for crypto clients. This is already happening in our country, though it’s not obvious but as much as possible, if they knew that you are into crypto, they will eventually prohibit you from depositing such huge amount, otherwise your account will be automatically closed.

I think governments do not really care about the potential "threat" about it as much as we believe. Most of the nations in the world let the crypto world be the crypto world and only thing they care about is the fact that they can control who uses it.

So, as long as they can have an exchange that gives the data of who bought how much and sold how much and when, that is more than enough information they need and you can continue to use crypto anyway you want. That's how they approach it, and this is probably how dozens of nations are doing it right now, when there is a common approach like this by so many big nations and hundreds of billions of dollars are involved, I highly doubt that would change anytime soon.

Quote from: zaki12 on April 03, 2023, 06:39:47 PM

cointelegraph.com

Looking at 150 days is a weird one, look at 365 days later and you will see the difference. In all cases after a year the price is significantly higher and that means if you have bitcoin, or bought some before the halving and wait a year after that, then you are going to end up making significant amount of profit for sure.

I am not going to say that it is going to be easy or anything like that, but it will eventually happen and we should be fine with it. I can't really say that it should be this easy to make money, maybe I am wrong and maybe if you do that next time around it won't be this easy, maybe this will be different. However, this is what I know ,and believe, and I will follow this and hope to make some profit with it.

Quote from: pawel7777 on April 05, 2023, 08:43:38 PM

How does it make you feel that the company that is not doing very in terms of operating profitability is further increasing its exposure to Bitcoin, and now sits at 140,000 bitcoins. I'm a little uncortable with a thought that if things go further south for them, they might be forced to dump it all on the market.

I do not think that it would be a bad idea for a company to run as long as they have reasonable debt. That's how companies grow and that should be something that we ended up doing as well as we can to grow as well.

Debt and losses are not as big of a deal as you might imagine, they are just doing something that would make it even more profitable, you make 1 then debt2, and start making 3, debt is over? get 5 debt and start making 10, that is how they grow. Amazon had debt and made a loss up until like maybe 10 years ago and that means they were able to grow bigger than people expected and that's how it should be done. I know people are not going to be super excited to see their favorite crypto company losing money but it's fine.

Quote from: Dickiy on April 06, 2023, 01:19:56 PM

Today bitcoin has decreased by more than 2%, the price of bitcoin has returned to the current price of $ 27k, I don't know what news caused bitcoin to experience a decline or maybe it was just a normal correction like market and technical problems.
I agree with you, I think bitcoin is out of the bearish zone and we will most likely crawl to the $30k price level this April and maybe more than that, right now we are testing the $28k price level to find out how strong the support is $28k to continue the rally. It should have been a bullish sign at the start of Q2 for the altcoin season and bitcoin season but it looks like they are still waiting for confirmation.

I think it's nothing that big, those type of increases and decreases happens everyday and we shouldn't be really worried about it, that's a normal thing for all of us. I know that not many people feel comfortable when the price falls, but the reality is that we just have to learn to live with it.

Not many people feel like they want to hold it when it is going down, but this isn't a crash or anything, it's daily regular price fall that happens all the time. Just wait for it to pass and when the time comes there is nothing wrong with it and you can continue to live with it without a trouble. I personally will hold it until it is over ATH again.

Quote from: Hypnosis00 on April 07, 2023, 01:16:21 PM

Quote from: asyezuner on April 02, 2023, 05:31:32 PM

In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

For me, it was not perfect work for jobless people but yes, it was considered an option. And I say this because I want them to know that trading is not suitable for impatient people, not the right place to stay for too emotional as I don't want them to think that it was the last to take and to help them out from being jobless. Because the truth is that trading is stressful, yet also profitable but many people had fail and possibly they can be like them. It was not trading only a solution, we can also run a business if we can.

Emotions and pace is part of being unemployed. This depends on what type of jobless person you are, if you are unemployed because you quit your job and think you can find another job in a few months then it shouldn't be a problem and you can spend your days learning about trading and experimenting with it.

However, if you have an obstacle that prevents you from going to work, like you have to stay at home and take care of someone, then it is not a method for you because you may not make profit quickly enough and worse yet you may not even make any profit, which means that you will be putting all of your life in danger when you do that. I highly suggest people to take a look at it differently when they have a job instead.

Quote from: fuguebtc on April 07, 2023, 12:35:05 PM

Quote from: inthelongrun on April 07, 2023, 04:58:32 AM

If bitcoin reaches $35k within this month, I am still doubtful that it starts the real bull run that everyone is anticipating. There will be corrections all the way. Bitcoin may reach $45k this year but I am not sure if it can stay that high. I am more confident that a bull run occurs next year due to bitcoin halving. Now I will just continue my DCA. I still think that $20k is possible in the next months to come depending on how high bitcoin will pump this year. If bitcoin can reach $35k this month, the correction might happen in the following month at $25k something.

That's true, instead of setting too many expectations this year, we should take advantage of the DCA time when the bitcoin price is still cheap and better prepare for the next bull season. Whether bitcoin hits $30k or $35k is no guarantee that the bear season will end and the bull season will come. On the contrary, that will hinder those still trying to accumulate for the next bull season. I like bitcoin where it is, or better, it can drop below 20k, what I want is to own as many bitcoins as possible before 2025.

That would be the smart way of making money, slow and steady wins the race remember that. If we rush into anything then we would lose money, but if we know the fact that bitcoin would go up eventually that means that we could keep on buying bitcoin even if it goes above 30k and just keep on buying it for as long as we can with the money we have, that would be something a lot of people would be happy with as well.

I just keep on buying when I can afford to buy, sometimes I can't, but whenever I do, I just end up putting that aside and make a profit with that, it's just the way it should be approached if you ask me. I know many people are uncertain about the future, but I do not feel that way about bitcoin.

Quote from: coin-investor on April 07, 2023, 12:28:56 PM

Quote from: _act_ on April 05, 2023, 05:59:29 AM

Bitcoin has not gotten to $100000 and we are talking about when its price will get to $1 million which will require more pumping of money to buy bitcoin. It is better we discuss more on when bitcoin will reach $100000 first, then after that, we can discuss when it will reach $1 million when $100000 has been reached.

Everybody here wants to be alive when Bitcoin hits the $1 million mark but Bitcoin hitting that mark for me is gradual, I don't think we will wake up and just found out that Bitcoin just hit $1 million, we are good if Bitcoin will hit $50k this year then we go speculating and hoping and working that Bitcoin will hit $75k next year, and if there are no FUDS happening in the industry and massive adoption continues then it's possible for Bitcoin to hit $100k if this continues to go and everything is smooth we'll hit the $1 million mark, but with all the FUDS and too many issues and regulation it could go more than 10 years.

Basically it will be gradual, but unless I suddenly pass away from heart attack or something like that which kills people suddenly, I feel like I am going to be alive when that happens. I mean that should be at tops 10-20 years and that means I should be alive in normal situations. Obviously it's life, we never know maybe lightning strikes me and I won't see it, but if life goes normally like expected then it shouldn't really be a problem for anyone.

Unless you are 70 years old, and even possibly in that situation, a million dollars is not as far away as you might think. Some people think it won't happen for another 50 years, but I believe it will be less than 20 years and that is why we will get to see it.