The first impression of btc is that you will get screwed by false people that it is a pyramid scheme. The more you study the net, the more you'll fall in love with it. BTC brings that power of freedom and no totalitarian state is going to take that away! That's my thought today about btc.
Quite interesting to see these topics these days, I can't fully understand why and how these started out, but I am fine with it. Back to freedom part, bitcoin does have a freedom part but I do not care about just the freedom part, it's the decentralized part that matters to me the most. In fiat world, there is always someone who can freeze your account or cause you headache, the governments, the banks, the companies like paypal, everyone could do it and it sucks and I do not like that. On the other hand, when you are dealing with bitcoin you do not deal with any of this, if it's your money then it's your money and nobody could take it away from you. |
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When inflation occurs, businesses will also suffer heavy losses, so the possibility of a salary increase is very unlikely. To deal with inflation, with the cost of living rising, do not expect government or company policies to raise wages, instead, find your own way. Finding myself some other source of income, doing more than usual, that's what I'm doing to get through this tough time. I know the government needs to be accountable to the people, but I don't want to sit there waiting for them and do nothing.
I think it is "possible" that the salary will go up, but the purchasing power of it will not. Meaning, if you are making 1000 dollars, and can buy 1000 breads with it, tomorrow your salary could go up to 1100 dollars because of inflation, but then you can buy 950 breads with it because price of bread went up. Now in this case your salary "went up", but as you can see it actually dropped down in purchasing power. Rest of it I agree with, you should be looking for either an extra income, a good side job that could make you good enough money, or you could what I did, I used to make a lot less, then I found my current job and I am getting paid very well, I am basically rich in my nation. |
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I think almost everyone has regrets at some point in their life, especially when it comes to finances. Not buying or selling here or there or investing here or not investing there. Something like that just happens in life and you have to learn to deal with it. As the saying goes, you're always smarter afterwards. As in your case with the apartment. You may regret your decision today, but who knows what might have happened if you had bought it. Maybe then something bad would have happened and you would regret the purchase. Therefore, you have to see everything a little more relaxed and should not regret such decisions.  Oh, the woes of regret! We all carry them, do we not? Whether it's the missed opportunity of investing in Bitcoin or declining the job that could have turned our lives around, we all experience those "what-if" moments. But, truth be told, regrets are an inevitable part of life. We cannot always make the correct choices, and that is alright. After all, "to err is human, to forgive divine." So, instead of ruminating over what could have been, let us concentrate on the present and what it has to offer. In your instance, it is understandable why not purchasing the flat might make you regretful. But what good is it to brood over it? We cannot reverse time and alter the past, so let us look forward to what the future may hold. Maybe something even more excellent is just around the bend! To be fair my life is pretty good right now, I agree that it would have been awesome if I bought bitcoin earlier, or even kept the bitcoins I had for longer period of time so that I could have profited even more. But none of that changes the fact that I am happy with my life. Of course bad things happening all the time, plenty of terrible things happened in my life in the past 2 years, but I wouldn't say that it made me sad, I could say that it made me realize how much I love my life and how much I should be grateful for. Bad things shouldn't make you upset, bad things should make you fall in love with life and acknowledge all the good in it. |
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I think health and family come first. However, occasional pleasures are fine as long as they don't compromise our long-term goals and happiness. Materialistic desires like a bigger house or a fancier car may bring short-lived happiness.
But if you don't have money, you don't have health and family. When you have an accident or illness, if you have no money, no one will save you, and no one is willing to donate to help you. And if you don't have money, your relatives, even your wife, won't be able to be with you, and no one will treat you well if you don't have money. Today's society has become pragmatic, everything is measured in money, whoever has money has rights. That is the unfortunate truth about the world we live in. I do not mean to generalize, of course there are situations where people donate and save someone, or love someone who doesn't have money, or even some people who live healthy lives until 90 years old without having any wealth. These all happen but they are exceptions, and that's why they are pretty rare. However, if we are talking about the reality, money is the key to life and the more money you have the better life you will have, if you ruin your life even when you have money then it's a bit of your own problem, because money is basically the thing that will make anyone's life better and should be our goal to get as much of it as we can. |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
I think there is no such thing as real in the world of trading, indeed there are those who say that when trading in the crypto market the bullish period is the most profitable period and this can be done in spot trading and it can be true because at any price we buy coins in the short period, the price will always go up until the bullish period is over but unfortunately traders cannot know exactly when the market is still bullish or has entered a bearish so traders can still get trapped and experience losses as well Bull period is also good for investment as well, you could just buy and hold it until the end of bull period and you will end up with a profit in the long run as well, it's not a big achievement to make a profit during bull period, we all do that, even newbies can get lucky enough to have wealth during bull period and that's not achievement. The real achievement starts when you know how to protect your wealth if you made it, and get out during the right time and manage your money during the bear period. If you 10x your money but then lost it all back again that is not an achievement, but if you made it 10x and kept it there for a year or two? That is actually pretty solid. |
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Sometimes trying by ourselves and activity and finding out we are not good at it is the only way to move forward, if you had not gave yourself a chance to become a trader you will always wonder what it could have happened if you did so, now you know and the results were not pretty, but it is precisely because of that experience you could become a long term holder and now you will obtain massive benefits thanks to your bitcoin holdings.
I think giving yourself the chance to try and learn is also very important for self reflection a bit as well. I did it, and I am not a great trader to be fair, I am a decent one at best and not a great one, but I learned the fact that I have very small patience when it comes to working towards research. This is how I became a long term investor and doing very well, because I have patience, just not for research, I can buy something and wait for it to go up for decades, but I can't just start researching a coin and its chart and all the indicators for many hours just for a few percent profit, that just takes too long and I don't want to spend time doing that. |
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Perhaps, it still can't reach $30k by the end of this month because the price difference is still around $6k-$7k, so it will take a little longer unless there is major support or more positive news that can convince investors to buy bitcoin in large quantities that can move its price to break every high. Maybe the decider will be in the next month because that's the end of Q1 for the year, so maybe the price will start showing massive moves in Q2 or beyond. But let's see how bitcoin moves in the next month while still waiting for the new ATH to be reached.
I must admit that I fail as we are in the end of the month now and yet spiking and holding 25k cannot attain , and also maybe even March isn't enough to break that target , but also I believe that the question is for the whole year and not just this February or the next month. I think march could be, we have tried it and basically made the cap looser to open next time we tried it. Imagine it this way, you can hit a wall with a hammer once, and it will not fall down, but if you hit the wall with a hammer over a dozen times then it will eventually be just crumbles and nothing more. This is why I believe that we shouldn't be really focusing on what to do with bitcoins future, because we know what we should, just try to hammer that 25k price as many times as we have to and eventually we will crack above that level without a doubt. I know that it is not going to be easy, but it will happen eventually, maybe we will fail a couple more times but we will eventually pass that level. |
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Swinging still .. we got ourselves saved at the $20k line.
The next time the market dropped to the latest and lowest line below $15k or so ... we might get drowned deeper even more than before ... as the next ath will always requires a sacrifice like a freefall into 5 year low to get bounced later in the halving day.
Do you have a stronger basis of reference when saying there must be a sacrifice such as a free fall to a lower price and then bounce back up? Because if you can figure it out in time, you will get rich quicker by buying Bitcoin at a low price and then selling it at a bull run price. So I also want to know this more precisely so that I can prepare a large amount of buying funds, because previously I thought that Bitcoin could increase without having to make corrections even though corrections are always in the market. I don't and I disagree with him. I think we do not need to have a freefall type of thing and we shouldn't be really worried about where we will end up, it may not look amazing as of right now, but it's fine and we should be feeling fine about the potential we already have. It's good enough for all of us and it should stay good enough. At the end of the day, crypto is not really that confusing and we should be basically making a good amount of change whenever we can about the price and right now we are trying to make a change upwards and failed a few times but that doesn't mean that we can't keep trying, as long as people have those hundreds of billions of dollars worth stablecoins, we can keep trying. |
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The whole February ride was indeed like a rollercoaster. In the second half of the month, there were repeated attempts to break the $25,000 resistance. It proved to be a solid one. There was rejection every time. But the rejection cannot also give a solid blow because the support at the $23,000 level is also a bit solid. It has been holding strong and even serves as a platform for another attempt.
March could either be a make or break for Bitcoin. It is either $25,000 and beyond or $22,000 and below.
I do not think that we are at that "make or break" level just yet. Even though I believe that we are going to break above 25k during march, I also think that even if we fail to do that, we are not going to suddenly start dumping neither, it is going to be fine and we are going to do fine. We just need to make sure that we could handle all of this in the long run by making the price stable, if we can achieve that then we should be going higher just fine when the time comes. However, if we fail to make it stable, then whenever it fails to go up, it will go down like you said and that's not good for us, it takes time to recover from that. We need to try at 25k then go back to 23k and keep doing that. |
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Besides requiring patience, we also have to be able to hold promising coins that can give us future profits. But many people can't be patient and have strong hands holding their bitcoins and waiting until the price increases. So if this year is pretty much the same as 2019 but those people still can't hold their bitcoins until the price goes up, they can't get the desired results. And at a time when the market is still volatile as it is now, it requires more patience and waiting for the market to recover and be able to get another long rally fully.
The saddest part is when people start understanding the value of waiting, but then do it for a shitcoin and lose a lot of money and start considering that as a wrong move. The reality is that holding is great, but if you are holding a shitcoin then the problem is not with the waiting but about picking the right thing, it will end up with a trouble. However, if you end up with something much better, like bitcoin or ethereum, then holding is actually quite good and should be valuable lesson for sure. I personally believe that the best thing to do is providing people with a good return in the long run with good coins, and for that to work we need to make sure we promote bitcoin and the likes. |
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Also, it appears that the American government is beginning to accept that they cannot ban cryptocoins and the cryptospace. However, they will create strict regulations where it will make it harder for us to buy cryptocoins and where the easiest way to buy them is through illegal services hehe.
According to the details from the meeting, the G-20 presidents’ group received collaborative support from the International Monetary Fund and the US. Speaking to Reuters, Yellen mentioned that there won’t be an outright ban but rather a strong regulatory framework.
It would be silly not to have a regulatory framework to begin with. What did we expected governments to do, just let people do whatever they please? Of course not, the job of the government is to put regulations and rules so that people would follow, without the law, we are no better than the animals. This is why we end up with such a thing and we will have that framework in order to make it even more legal. This isn't a bad thing, it's in fact a good thing because it means everyone will know what to do with it. Knowing what is legal and what is illegal is a great benefit to investors, you will have absolutely no fear left about what you are doing. |
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One of the best cities with a top-notch booming economy and a fantastic location hub for international trades and investments is Hong Kong. As Bitcoin and cryptocurrency has been on the verge of been made legal in such a significant and prominent place as Hong Kong, believe the operation of means of payment to be efficient and dependable. There will be more potential for expansion in the neighborhood as new investors are proud to expand their operations there. There is a significant majority of its residents who place an emphasis on embracing cryptocurrencies and who also go above and beyond to buy bitcoins to be placed in their different portfolios for significant gains when the bull comes. Due to the large number of people who will start trading and making significant investments, FOMO will completely disappear.
I understand that Hong Kong could be a great place for crypto, and yet it is a global thing and just one nation or one city won't change much. Remember the fact that New York made it as hard as possible to have any crypto companies in it, I think it was the mayor or something back in the day and all the crypto companies there got closed. You know what happened after? We broke ATH twice, first to 20k in 2017 and then to 68k in 2021, and this was after what happened in New York. Can you tell me it is not a good place? The place with the most money in the world and wall street? Of course it was a great place but banning didn't change much in the long run. |
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start a competition in the gambling section of the forum if you want
Why so savage? This was an educational Giveaway, and this game was in Beginners and help section. Why does he have to start the competition in the gambling section? Participants don't have to place bets with their bitcoin. They have to guess a number, and that's it. I saw a lot of controversies about your personality. Some people accused you of being rude and writing unnecessary walls of text. But, honestly, I didn't follow your posts before today. Calm down, dude. There are some people who are just unhappy and angry at all times and that's just about the life they live in. I mean it is not really a big problem for all of us because we could just ignore them and move on, but it will always be out there, you can go check twitter and find their main place, they are all there talking about how everything is terrible and the whole world is in danger. Of course when you live a bad life, and you are not happy with your life, there will always be something that looks slightly good for some others and you wish to change it so that everyone is equally as upset about the world as you are, and this is why they do all of this. This isn't about franky1, I have seen him around, he is a cool person, it is just general approach. |
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if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices. I wouldn't say that it depends on the "development" of it but how much it is used. Considering it is probably %50 of all trades in all exchanges, and basically half of all the spot trading happens there, I could say that even if it doesn't develop further, if it keeps this up then BNB will stay valuable. Right now, it is third highest cryptocurrency and it will stay like this as long as Binance is powerful. On top of that, there were tons of "bad" news regarding binance recently and even with all that negative information that people wrote as fact when it was just a rumor, people didn't leave it and the price kept on going higher anyway. |
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Dump $doge ？  BTC= $100,000, when Doge =$1 BTC= 1 million, Doge= $10 I would say that it is nearly impossible, but I have seen it go up too much to think that it can't. However, to expect it to go up this much is definitely wrong way of approaching to investment. I highly suggest everyone to just invest according to what your investment provides and doge does nothing for you, it is just a meme and nothing more. Bitcoin is a true cryptocurrency, the first one at that, whereas ETH proves the chain, and BNB is tied to biggest ever exchange and many others, doge has none of that, what does it do? Just make you money? Why not make money with others then, it is not really a feature. I suggest staying away from it, we definitely should. |
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Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I think that the FUD about Binance's stablecoin BUSD was the chance to buy a cheap Binance Coin (BNB). Since for me, it was complete FUD, and BNB price really dumped due to that. After all, Binance is still here, FUD is FUD, and we already have a lot of experience with FUD on stablecoins just like Tether before. There is just too many people who are hurt about Binance being as big as it is right now. Look at the volume size of all other exchanges, if Binance didn't existed tomorrow, they would make so much more profit, and I mean like multiple times more than what they are making today, so making people doubt about binance was a good business decision and they did it. Of course most of us didn't buy it, because we know how trustworthy and great binance is and we will keep on using it, and I would suggest buying BNB because of this as well, I think it is an incredibly well made one and should always be used. This is why I believe do not fall for the FUD and invest into it. |
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Thought it was time that this analysis from a few weeks ago had it's own thread. We're currently still "on track" for $50K this year based on 2019 fractal. Should also add that I see the argument for a +50% move to around $36K with current rounding bottom formation and a breakout above $25K, but otherwise not convinced this negates the +80% target to $50K+ after reclaiming $30K, instead quite the opposite.
Similar to 2019 there was the initial +30% target to around $5.2K after breaking back above $4K, followed by another rounding bottom +100% target to around $12.8K once $6.4K was reclaimed. The only difference in this scenario is that these targets are overlapped; firstly to $36K, followed by reclaiming $30K to reach $50K. Goes without saying that targets are never guaranteed to be met, even if they often are.
Why wouldn't it though? That's the question we need to ask ourselves, why wouldn't bitcoin repeat itself? It has the capacity to go up like that and it has the potential to double once again, even quadruple along the year. If you remember 2019 good enough, you would know that 14k was seen that year, which means that we started at 3.5k, reached to 14k but dropped to 7k, and if you applied to this year, we could see 16k becoming 64k for a while before dropping to 32k. Maybe not exactly like that, but I can see the price going above 40k for a while and I think it is going to end up with a good amount of return for most investors who get in right now and earlier. |
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A friend of mine came to me and we were having a conversation and I was trying to introduce he to the forum,but he turns out that I was asked if I really trust and believe in bitcoin it will never crash like other cypto industry.
I want know if it will not crash and I need help to convince him about it that it will not crash because am a beginner and I haven't know much about bitcoin so I guess been here I will fine help to assist my friend to join the forum.
Oh yeah. Bitcoin is very trustworthy. What was the first answer you gave when your friend asked you that question? We want to know too. Bitcoin has crashed and if you gave him the answer that Bitcoin has never crashed, then you need to go to him again and give him the answer that Bitcoin has crashed in 2018 and 2021. You need a broader understanding and knowledge to know before you try to convince others. Because it will be fatal if the person you are trying to convince knows more about what you are trying to convince. Bitcoin crashing is not even a question anymore, it is a proven thing that it will always crash and it is normal for it to crash. Something that goes up as much as bitcoin does, will eventually crash no matter what because it gets too big at the highest levels and that is just a normal thing to see when you are investing. I know that it is not a happy thought that it will eventually crash, but after every new ATH we end up with a new crash. OP could tell their friend that it will not crash anytime soon and it will go up first, but eventually it will crash again one day, and a big one at that, at least 50%+ crash, it just has to happen in order for market to have this cycle. |
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What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
What I can deduce from this is that neither the whales nor anyone else are manipulating the bitcoin price. it is simply fluctuating like it always does (up and down). The bear market is currently ongoing and is not over. By the time of the halving season the following year, the price of bitcoin should reach its ATH. I agree that it's fluctuating like always, but at a higher price than it was for months. That alone itself is making people super happy about it, and we were down to 21k just recently and went above 24k again, which is a good increase and we did that twice or so, maybe more, which is once again a proof that it is doing well enough that we could be happy about the potential increase. It doesn't mean that it is going to stay this way, of course it could change and be a bit different or it could take some time to go up, but it is at least very good as it is right now. I believe that 25k+ will happen soon enough, and more will follow that right afterwards, just looking at the chart, it looks quite possible. |
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I guess it will take some time before we finally arrive at a 30k Bitcoin recovery price, because according to present market forces and sentiments m, I think we are going to stick around the 23k-24k price region as every possible attempt has failed to keep Bitcoin strong at the 25k before we make any Triconclusions or subject.
- customers want consolation so that they will do whatever is possible to satisfy themselves and be fit from market volatility and instability of price
I think that 24k range is stable right now and doesn't mean that it will stay there, it could, but it doesn't have to and we could see it recover eventually. Which means that we are required to have some sort of situation where it would end up with a good increase, and 24k will not be able to keep it down this time around. We had a good amount of sellers at a bit above level, and those sellers are either bought, or getting away or putting their sale to a higher price now, which means that next times we try, will be easier to go up. One day we will wake up and see it go above 25k like it's nothing, that will not happen because it was easy, but because we managed to damage that level earlier so far. |
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