Latest posts of: justdimin

Quote from: doomloop on March 09, 2023, 06:02:32 PM

If they only invest in Bitcoin, they will be fine because Bitcoin can always recover but if they invest on Luna and FTT coin, they will be doomed if they haven't sold their coins after the collapse of these two companies. Such scandals are normal and can happen at any times but let us still pray that they won't happen this year and next year.

They must let people to recover first and once we profited, that would be the time for them to come. They can affect the market badly but people can just use that opportunity for buying more coins. If we are investing in new coins, it's important to be vigilant so that you can sell your coins quickly before the situation gets worse.

I think that's the problem, people see other stuff crashing and they think something wrong with bitcoin. No, just because luna got screwed doesn't mean that bitcoin will stay low, there is no way.

I think we are not where we should be and that's definitely a sad situation there is absolutely no wrong thing there, but that doesn't change the fact that it is actually pretty nice for the future because we already bottomed out and anyone who bought around these prices will profit in the future. These "bad" stuff that happens in the market crashes the market hard, but that only gives us a chance to buy cheaper, with a discounted price, so we could profit later on.

Quote from: FanEagle on March 09, 2023, 05:56:49 PM

I have absolutely no understanding of why people doubted this to begin with. We were never really too far away from it, and still not too far away from it right now neither, I feel like it is going to be something simple that will change everything when the time comes. We just need to wait for it to happen and it will definitely happen. I seriously wonder about 500 though, could that happen this year?

I know 400 is a possibility, depends on the increases, but 500 seems like the max I can imagine right now, not saying it can't happen or it will happen, either looks to be very limited to me, that is the max. I think 400+ is where I draw the line for this year.

I think 500 is possible as well, I know it looks like a near 2x right now, but we are talking about BNB here, and binance has been getting a ton of attacks, even with that we are still near the 300 dollar levels, which means that we are doing fine and shouldn't be a problem, but that doesn't change the fact that we are capable of seeing bnb grow that much.

I know it is not going to be an easy target, and I agree that it will be max that it will reach, I do not believe that 600 could happen this year neither, that's true. But 500 seems like something that could happen, it doesn't really feel like a far fetch unreal decision, I have some, and I will keep it at least until 500+ for sure.

Quote from: posi on March 07, 2023, 01:11:28 PM

In terms of payments, stablecoins are actually far more dominant than bitcoin, both cheap transaction fees and almost instant confirmation time, very convenient. But did you miss the recent news about BUSD? I think BUSD is no longer safe and may not be around much longer in the market. I would still believe in USDT more than any stablecoin, many people think USDT is unsafe, but by far, it is the largest and most used stablecoin on the market.

I found that to be FUD and nothing more, I get that it is considered to be some securities by USA and all that, but that's just another story on the whole "binance will crash too!" thing. Think about it, Binance controls over half of all the trades made in the crypto world, and the other companies are not small neither, they can pay tens of millions of dollars to every single congressman and they would still have money leftover for some more bribers, which I believe that to be the case.

I think these competitions realized that they can't make as good of a website as binance could, and they can't get the customers, so they are just paying big names to FUD binance as much as they can.

Quote from: $crypto$ on March 09, 2023, 06:25:10 PM

Depending on the bearish situation whether your project will be able to survive or get support from investors in this difficult situation, so however the team is the most important in this role to develop it so that when doing marketing there are far more interested people when the market is bearish.

People are always skeptical of bearish so it's difficult to do initial funding so they think it will only make a loss and I can't believe this project will be successful if the team can't do good action when developing the project.

I think its even better to create a project these days. Because, you may not get any decent funding right now, but if you build a project that is nice and keep it growing, even if it is a small growth, that means you are doing such a great job that people are buying it even when we are in a bear market. It means that we are going to see it grow even bigger when the bull market comes.

You think all these avax, ada, matic, sol and similar high level coins were created in 2021 when they peaked right away? Of course not, they were already there and grew during bear period and they grew a lot bigger when the bull run started and they peaked at the top.

Quote from: joniboini on March 07, 2023, 07:04:09 AM

Quote from: Hispo on March 07, 2023, 01:16:11 AM

Now you mention it, this ATM seems to have been designed to be placed on a surface instead be fastened to a wall or something similar.

I tried searching for images about this ATM, doesn't seem to be the case. For example, you can find something like this[1]. Not really familiar with types of Bitcoin ATMs but it doesn't seem like the best choice for security. There seems to be an additional part other than the orange box, does the cash go there or is it just a decoration?

I think having some sort of "robbing" on ATM is not the same as bitcoin being stolen neither, that's really not the case. I feel like there is a good chance that bitcoin in your own wallet, for example something like a ledger, wouldn't really be stolen and that's fine and shouldn't be really an issue at all.

I believe that we should be focusing on protecting our own bitcoin first and foremost, after that we can start to worry about the crypto that companies have and protecting that. Sure there has been plenty of hacks, but most of them were on places that we all know would get hacked to begin with, never really hard someone's ledger getting hacked before, not a common thing.

Quote from: TheUltraElite on March 07, 2023, 07:09:44 AM

Trust me, we all are curious to know otherwise we would not be here. Cheesy

Those who are speculating on bitcoin price have a similar motif but the question how long can you sustain, till your last breath? By the time you get old in case you started buying bitcoin at a very young age, bitcoin will be huge in terms of its fiat price. So hold and keep buying more.

At the same time make sure to spend and buy back to increase your collection of bitcoin while using mostly fiat for daily expenses. Going by charts, we can say that in 10years a lot of price rise is possible and a lot of things can happen in this world. Nobody predicted a pandemic in a global scale and a war that has been going on for a year now leading to economic decline.

I think "retirement fund" is great because of this reason for sure. We are talking about something that could benefit us in the long run, so why shouldn't we do it? If you buy right now and keep holding it until you are old, then you are going to end up with a great profit and that should be the case for you.

I believe that if we end up with something better and we know about this then waiting won't become a problem. The only problem that we have right now is that we are not entirely sure that it would be working exactly like we imagine, like if I buy now, and even keep buying every month, and then 20 years later it will be high, if I had any guarantee for this then I would do it, I am doing it actually, but people are not certain about this.

Quote from: RockBell on March 07, 2023, 06:58:55 AM

With so many people investing in and believing in bitcoin, as well as so many more spreading awareness of it and accepting it as a form of payment, Africa should be one of the cryptocurrency industry's fastest-growing continents. Of the countries I am aware of, Nigeria and El Salvador have invested in bitcoin as a way to persuade other governments to do the same and stop viewing cryptocurrency as an illegal movement. However, over time and despite government regulations, bitcoin has continued to grow.

Considering the amount of people who could adopt it in a single day, and the amount of people who are so spread out that they could use it as a payment method and something that could bring in so much more money into a whole continent, I feel like Africa should not be considered as a lowkey investment place, but a place that could make this so much bigger.

I think what we need for them is to have a proper famous cashing out thing and that would be a lot better, that could actually help them in the long run. I believe that we shouldn't be really focusing on just making money, it is also about profiting from it by cashing it in every corner of Africa.

Quote from: mv1986 on March 07, 2023, 06:55:06 AM

It fully depends on where you are located or live. There are some areas in the world and also age groups that simply know less about cryptocurrencies in general and Bitcoin in specific. However, media outlets do talk about Bitcoin in many places of the world, but it also clearly depends on public interest. As we know public interest or awareness is raised when either something really bad happens or when someone flies towards the moon with a rocket and jumps out of it in a space suit wearing the Red Bull logo. Whenever Bitcoin is stable and moving sidewards, you hardly read or hear anything about it in pubic media. But when Bitcoin goes nuts either way, the media is jumping on it and cannibalize on the topic in the most amateurish ways possible. It almost hurts to read and listen to what media outlets not educated on the topic talk about Bitcoin. Wink

I think bull period gets a lot more attention because at the end of the day bull period is when we all make a lot of profit, it is not a news to get your 1000 dollars into 1100 dollars, but when you hear about someone that turns 1k dollars into 1 millions dollars suddenly it becomes a deal.

I feel like that has happened before and even the famous 100x we talk about means that your 10k could become a million dollars, there are plenty of people with 10k on their accounts, but not that many with a million dollars. Which is why I believe that we are a lot more famous during the bull period since that is the moment that could turn regular people into rich people in a month or so.

Quote from: slapper on March 07, 2023, 06:15:24 AM

The backbone of any prosperous country is its economic might. Devoid of it, we are but mere shadows. Nevertheless, our administration continues to disregard this pivotal factor of our community. They allocate funds towards aimless wars and overblown bureaucracies while our financial system flounders. A revolution is in order. We need leaders that are cognizant of the significance of economic power and will strive to enhance it. Our policies should endorse start-ups, cultivate ingenuity, and initiate employment opportunities. It's time to reclaim our economic power and allocate it where it rightfully belongs - in the hands of the common people!

I think the difference between what makes a strong country and what makes a politician elected are not overlapped, that is the reason. If you have a very strong economy, you are doing great as a nation, but then you do not really need a great leader, you could do fine with just some "government worker" type of position at the very top. How many of us know who the leader of Russia is? How many of us know who the leader of France is? Ukraine is? USA is? UK is?

And then once again think of how many of us know the leader of Norway or Sweden? You may know personally, but if a poll was made, I guarantee you that those two would be the least known ones for sure. Which is a proof that a strong nation doesn't create a big leader and that's why leaders try to keep avoiding building a nation like that if they can.

Quote from: Coojhb on March 07, 2023, 08:26:22 AM

Quote from: Mpamaegbu on March 07, 2023, 07:45:17 AM

Apart from the casualties and deaths that are recorded during wars, I would've said from time to time it will be good for wars to break out. This is because wars afford us the period for realignment and repositioning. It's often said that those who refuse peaceful negotiations make wars inevitable. Most times it's cheating and highhandedness that lead to war. So, when these wars happen they help the parties involved to readjust their thought and behavioural patterns.

Who is the neutral authority that decides which country is at fault and must be punished? So far we have seen that country that is powerful decides what is right (or might is right). We have seen USA invading Iraq for finding WMDs and ends up saying there were no WMDs there. Is there any compensation for human lives lost in Iraq due to this invasion? Since USA is super power no one questioned him for that adventure. There are many stories like that.

I would guess that factories being so much in work and no other nation had the same chances made USA leap forward with selling stuff to rest of the world for a long time. Mainly cars, but even other things like fridges and washers and simple other stuff as well, hell even agriculture stuff too.

Because none of their factories were bombed, whereas all the other "rich" nations were bombed and didn't had any factories left, and even the ones that were standing were changed into arms manufacturers anyway. So, it's true that 50's and 60's were an amazing period for USA and that did helped them a lot. I keep supporting the idea that WWII would have ended, maybe a bit later, even without USA.

Quote from: adaseb on March 06, 2023, 05:41:51 AM

Here is the issue with dividend stocks. They won’t always pay out the same dividend like people assume. Look what intel did a couple of weeks back. They slashed their dividend by like 60% or so. You would be better off putting that money in a bond.

Then there is the issue of the actual stock going down. What good is 10% dividend if the stock itself lost 50% value. It’s not as risk free as many people assume it to be.

Intel may have slashed their dividends, but that "should" increase the value of the stock as well. If you have a billion dollars in profit, you either spread that around to stock holders as dividends and they make money right then there, or you reinvest that back into the company to grow and people would hold stocks that have one billion dollars more in the cashflow. If they didn't give out dividends AND didn't go up that much in the price, then that is the real problem they are facing.

I really like dividend paying stocks, but if they are not as good then we shouldn't even consider it, just buy stocks that are high level blue chip and you should be fine.

Quote from: MiliMil on March 04, 2023, 05:50:08 PM

- If you are hacked you won't lose all your crypto assets

- If you forget one private key you won't lose all your crypto assets

- Smaller transactions (since your crypto will be dispersed across many wallets) will not draw as much attention thus increasing privacy.

These are the cases of people who holds big number of bitcoins. I personally have one, and that is more than enough for me and I never needed anything more.

I understand that some people may want to have multiple because they have a ton of money and they want to spread it around so that if they can't access to one, they are not out of all of their money but just a part of it, but as someone who doesn't even have that much, I could simply put it on any exchange and if something happens to it, it wouldn't be too much money to screw up my life, it would be very much normal, I don't have many and don't need multiple wallets.

Quote from: Zanab247 on March 04, 2023, 05:51:17 PM

My way to class this morning with some of my lovely course mate, someone raise this question that if our government decide to adopt BTC or make BTC legal how will i feel? I told him that the day our government will announce that BTC is now fully legalized in the country, I will throw a big party to host all the bitcoiners in my environment to join me to celebrate. If your government decide to adopt BTC or make BTC legal in your country, how will you feel? Will you be among the people that will be angry because i know there are some people in our various places that think BTC is a scam digital currency which is not true, will you go to make them to understand it better in a positive way?

Nations with a lot of money totals should make it legal if we want to see it go up. Like for example China is not a nation where everyone is super wealthy, but when you look at them as a whole nation they are amazingly rich, the factory guy who made your shoes may not be rich, but China making it legal and support bitcoin would suddenly take the price super high.

Same goes for all nations that are rich when you look at the whole nation and not individually. That means the rich people of those nations are super rich and the wealth gap is big, but we need those rich people anyway, and they would only invest if it is made to be legal and supported by the governments.

Quote from: Tony116 on March 06, 2023, 02:04:41 AM

If just explaining bitcoin like fiat money proves it to be unremarkable then they won't be interested in bitcoin, there's no easy way to explain bitcoin to people. Bitcoin is essentially virtual with no physical form and you only briefly explain it, which makes it all the more suspicious. The best way is to give them basic material about bitcoin and ask them to spend time learning about bitcoin. Only then will they see the awesomeness of bitcoin and will decide to participate or not?

I think it would be possible to teach people by comparing it to fiat, if only you could put the differences in there. Assume like this "USA has dollars, UK has pounds, Europe has euro, china has yuan and bitcoin is the digital version of it" that's what I enjoyed when I first saw it.

We all got together as people, and people created their own currency, it wasn't satoshi or whatever that made it what it is, they just founded it, but we took over after him and we made it into what it is today, and because of this, it is peoples money and not governments money. It is digital, it's online, and it's ours, not governments and it's decentralized, so nobody has any control over it at all.

Quote from: Jatiluhung on March 06, 2023, 05:36:47 AM

Quote from: alastantiger on March 05, 2023, 10:22:32 AM

Every trader's intention is for profit making. As a trader, the fear of being wrong and doing wrong will cross your mind. But you should understand that being wrong is a way of being right because you will lean from your wrongs and mistakes and do better in your trading. You will never learn if you keep the fear of being wrong in mind. Every mistake comes with its own lesson. When i started trading newly, i was so scared, i wanted to be perfect in my business, i fear mistakes and wrong moves. A friend told me that if i want to do better in my business, i have to accept wrongs and mistakes so i can learn from them and do better. Mistakes helps you grow in every aspect of life most especially in business.

That is why an experience will be the most valuable lesson rather than just theory.
experiencing defeat in trading as a result of a mistake that we made as a result of too much FOMO or the like, of course we have to make this bitter experience a lesson so we don't repeat the same mistakes.

sometimes we know about things to avoid mistakes like how to overcome fear in trading. but in reality directly applying what we know is not as easy as imagined. sometimes we know FOMO is wrong. but we still can't stop ourselves from doing it.
and only from an experience that will make us more careful.

I think experiencing loss is something that could help you grow as a trader and could make more money, but it is also something you need to limit eventually as well. If it has been 3 years since you started trading and you are still not making any profit, then it means you are doing something wrong and that is not acceptable.

The phase where you could be making a loss and you learn from each of them stops after 6 months to a year, lets say 2 years to make sure we include everyone, but after 2 years you are still not even breaking even? That means you are doing something wrong and you need to relearn everything you learned to check what is wrong with your trading.

Quote from: LogitechMouse on March 06, 2023, 06:54:40 AM

One of the easiest things to say when it comes to trading, but one of the most hardest things to apply.

It's easy to say that "I can control my emotions already", but when you see Bitcoin going up and you're late on it, you will buy when it's on the peak already, and when you lost, you will feel angry and feel disappointed on your decisions. It's ok if you will get carried by your emotions on your first time on trading because all or most traders felt that as well when they are starting.

Trading without emotion will take time to learn. It isn't like you just trade once, got profit on that trade and now you can control your emotions already. When I'm starting, emotions got me immediately and just after a week after starting to trade, I lose my funds immediately. I learned from that. It takes time to learn especially when it comes to emotions, but it's worth it.

On the other hand, don't ever think that controlling your emotions is the only thing that you must learn when it comes to trading. There are many things to learn as well like reading the charts, learning to use the indicators etc. etc.

I think it's really not that much of a difficult thing to be fair. If you see it high, you avoid buying, if you see it low, you avoid selling it. It's literally that simple and I have been doing it for many years and I have met some super smart people here, I am not even at top 10% of all the people I know in this community, so if I can do it, then most other people should be able to do it.

It means that it's a bit more about emotions and lack of being able to control them, and that is not just a crypto thing, people who fail to understand or even understand but fail to practice the simplest of trading mechanisms due to lack of emotional control, could probably have the same issue in regular life too.

Quote from: ethereumhunter on March 06, 2023, 03:59:17 AM

I'm still waiting for bitcoin to rise higher than altcoins. But I have prepared coins to keep waiting for the altcoin season to come and those coins are not related to AI or Metaverse because I see those two things are not yet a new trend for crypto. But when there are better AI technology advances, more AI-based projects will probably pop up. And at that moment, maybe I will just research the projects one by one to find the project I want. Before that time, I think the market will start to increase first and bitcoin will probably increase too.

I agree, they are just buzzwords and they are not going to grow just yet, and most of the time whatever is "hyped" or at least tried to be hyped, during the bear period, will not be the thing that will be hyped during the bull period and go up. Believe me, NFT was nothing before the bull period, it became what it is during the bull period.

So we need to wait, and when the bull cycle starts and the prices go up, something new will come up and that type of trend will be the thing that will be the biggest thing. I personally believe that anyone who has even 100% bitcoin and nothing else could profit right now, we are in that type of market stage today.

Quote from: posi on March 06, 2023, 05:41:43 AM

Besides the long confirmation time, the volatility of bitcoin is also a reason, I really don't want to pay in bitcoin because I don't want to incur any additional loss if bitcoin volatility. Bitcoin could be profitable in the future so using it really feels wasteful, while tether or stablecoin is not profitable and is no different from fiat, so I would use that instead of bitcoin.

To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.

Willing to accept USDT makes sense, I would definitely accept that if I could, or even BUSD would do, because those two things are a lot more stable and whenever I get paid, I change most of my bitcoins into BUSD right away anyway, I leave some btc for investment reasons of course but that's another subject.

So that means when being paid, bitcoin is both a lot more expensive to use, and it is a lot slower, and at the same time it is more volatile, all of which is a reason not to use it. I personally believe that if you use BUSD instead for payments, that would be a lot better because it is quicker, cheaper, and stable all at the same time, much better end result.

Quote from: Reatim on March 02, 2023, 03:50:35 AM

altcoin is truly not for long term holding comparing to Bitcoin that is more sure of a longer holding.
LUNA and Bitconnect ended as Scam but they are once in a top ranking coins.
so it is not about how big the project is and how they are very popular ? there is always a possibilities that it will end scam.

I think naming all of altcoins in the same light is not really a nice thing to do. I understand that it is not good when you look at bitconnect or luna or something like that, but if you look at ethereum and bnb then it is as good as bitcoin as well.

It means that it depends on where you look at, of course low level stuff that look to be dangerous will happen, but there will always be some high level stuff that will do as well as hoped for as well. This is why I highly suggest that if you want to invest into bitcoin then do that, but if you want to save some aside and invest into alts, then try to do it into things that make sense and not low cap stuff.

Quote from: BobK71 on March 05, 2023, 05:36:05 AM

There are no more good expectations about the Bangladesh team. Losing the series by losing two matches consecutively and they also the confidence of the audience. They had some mistakes in the first match but they looked helpless against the England bowlers in the second match. Overall this time is really bad for Bangladesh. There is one more game left in the ODIs where they are most likely to lose. The big failure of the top order is the main reason for losing this series. Especially Litton Das , he performed very badly in two matches.

Currently, England is playing aggressive cricket in all formats and their new approach in this game is surely having big impact on their success and just because of this, Bangladesh was not able to perform better in this second ODI; in first 20 overs, match was well-balanced, but suddenly Roy's attacking strategy works just because of this they were able to have big target on board in this Jason Roy, Joe Buttler and Moeen Ali all were key player after having target like this Bangladeshi batting were under pressure from start which give them big setback from the start of their batting inning early bellows not allowed them to have any aggressive approach, and they lost this second match and series badly.

In recent months, we have big decline in Bangladesh performance while they are having not better domestic setup which allow them for having better players and give their best in all formats of this game if they want to stay in better spot then surely they need to change their strategy in this game.