I can only tell you what i know and what we have to do in point in time. Investment that you invest with companies do come with alot of complications and trouble from the company. If you want to enjoy investment of cryptocurrency put your hands together and invest personally, hoping for company investment in cryptocurrency, some times it will end up with scam and you lose your cryptocurrency investment, before you can see a cryptocurrency investment now that is legit is very deadly and i don't the fuck companies
This is quite true. I mean if you are expecting a news for your currency to go up, then you have invested into the wrong thing. There shouldn't be anyone else that helps you, because everyone will try to get what they have, and nothing more. So if we all got together, there will be some people willing to wait longer, and some people will just say "screw everyone else, I want profit!" and ruin the plan. That’s how the pump and dump works as well, some people make a little profit and get out right away, blocking everyone else to make more profit, and they just end up with small profit that caused everyone to lose. Hence, why this idea would never work at all. |
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I guess the gamble will not pay off, until now the prices is nowhere near what it is expected to be and I doubt that it will even recover even if we are in the bull market. I mean the damage is really deep that it's hard for the project to just bounce back and forget what just happen. Maybe people lost a lot of money in this, putting a lot of trust but unfortunately, mismanagement and other factors contributed to the downfall which can be avoidable if just the people behind anticipated it. Sadly they don't so how you are going to trust them again? even investing $1 is not worth in my opinion.
It will of course not pay off. I mean people who think that there is even a small chance that it would pay off will be wrong. I personally believe that we shouldn't be doing anything that works nice enough. What we need to do however is to make sure that people know what they are doing and that’s how they would be making a profit, outside of Luna. This doesn't mean that Luna is impossible to profit from, of course it could profit, but that potential is very slim, and why risk that much for such a little gain? I think investing into something like BNB and waiting for it to finally peak to 1k dollar would be a lot better, why not prefer something like that? |
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It is possible but under the current circumstances it is better to not take an unnecessary risk, if anyone has some money in that exchange then it is time to get that money out of it, maybe nothing happens and the exchange keeps working as usual for a very long time, but no one with money at that exchange can afford to take the risk of the worst case scenario happening and then lose access to their coins for who knows how long.
I can't say much about the situation and what's going to happen, but I can say that it's definitely something that we would all be crazy about if it isn't allowed and people are right to be mad about it, and if they could "somehow" take it out, they should. I mean even if it could continue to operate, and there is no operational problems and you could withdraw normally, it's still normal to expect people to withdraw after hearing such a news, it's not a shock. I believe if they are claiming to be bankrupted, then they are probably getting ready for something like this to happen in response as well, that shouldn't be really a weird situation for them at all. |
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From my point of view, I think that the use of the expression "we" was an orientalist vision of the future by Satoshi, I mean that he believed that his program would turn into a universal formula accepted by everyone and working to develop it, so the word "we" may mean anyone who comes in the future who pursues the mission that has begun By Satoshi until Bitcoin turns into the formula Satoshi always dreamed of. Here we are already witnessing the realization of this future vision, where we find thousands and millions of people believe in Bitcoin and are constantly working to develop it to reach the goal for which it was created.
This is the case for sure. He/She believed that it was something that we will do as a whole, as a group, and not something that people would do alone. It means that it wouldn't really be something he achieved himself, it would be a group effort. I mean let's face it, he created it but that's about it and nothing else. Would bitcoin be this great if other people didn't pick up on it and started to care for it? Of course not. This is the situation at hand and this is how we should approach it. I believe that we are not doing something that satoshi created, we are responsible for it, we all are, every single one of us that ever did anything in crypto. We are all responsible for it. |
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Saylor thinks ETH post-merge on Proof-of-Stake is a security.
I think Saylor's a lil jelly tbh.
Thoughts?
I don't know how the idea comes to mind, but that's just ridiculous just because Ethereum moving to PoS, wont make ETH become security. ETH still has utility and people are still using ETH on the Ethereum smart contract, thus make it commodity. It's not just a piece of paper that says you own something. Basically Saylor has invested a ton into bitcoin, hence why he would like to see bitcoin being the best ever and nothing else getting closer. Looking at the previous bull run, we could say that there was a good case to be made about ETH getting way too close during the bull run. This means if we have ETH 2.0 and proof of stake there, and if we have a bull run at the same time, there could be a ton of money going into ETH, not saying it will be at the top and take bitcoins place, but it would go up a lot. This means that some money that could have gone to bitcoin and make Saylor richer, would end up in ETH and he doesn't want that to happen right now. |
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I think as more and more strict regulations are implemented on Crypto currencies, people will start to look for alternative ways to store their Private keys and they are also getting more familiar with the concept of controlling their own Private keys and not giving that power to 3rd party Exchanges. The Crypto exchanges are the weak link in the Pseudo anonymity of Crypto currency holdings and people are recognizing that now. We cannot discount the fact that criminals are also buying more hardware wallets to protect their proceeds from criminal activities.  I agree that there is a weak situation where KYC makes sure you are known and how much you have is known. But that is a bit of a needed thing not because just drug lord or something like that, but for the fact that people do scam others in crypto as well. Like I remember last year when there were fake situations with DeFi projects, there were some scam projects that rug pulled and they had to pay all of that back basically via binance. Because, they worked on BSC and they had to move their money into fiat and into their bank accounts to claim success. Some of them moved it to Binance and Binance blocked those accounts and found who it was. That's how it works. |
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So, here is the question.... Why would the conversion of the money to bitcoin.... save his life? Bitcoin is still "money" ....so the people that were hunting for his money, stopped doing this, because he transferred it into his Bank and then bought Bitcoin with it? Those same people can still take him hostage.... ask for a ransom from his family ....and then get hold of the bitcoins again. So, he is still in danger... I will suggest that he leave that country and go back to his family. The logic is that the money would have to be transferred one way or another in another form, and it would be a bit harder because how would you transfer that money from a cash in your hand to bank account back in another nation? The idea is that crypto saved their life because it was done quickly and digitally and he wouldn't have to carry the cash, and that's how he got away with it. Plus, you can't always leave a nation with that kind of money, even transfer via bank wire takes a lot of time and effort. But with crypto? It's done in matter of minutes. Of course there are loopholes in the story, but it's not really a stretch to believe this could happen. |
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Trading and gambling may somewhat be alike because both share risks. However, with trading, your profits rely solely on how you trade using your strategies and skills, if you are a pro trader, the outcome will have more chances to be on your favor. While in gambling, whether in sports betting, slots or lottery, there will always be chance based or luck. And the fact that you're gambling, its mostly the house that takes an edge and wins over the players. Trading may most likely to fall in gambling when you trade without bases and predictions, because in gambling you can't predict anything, everything are just driven by chances or luck. And this is one thing that pro traders should have to avoid to prevent unexpected losses.
Gambling is against a casino, it’s designed to make you lose money, trading is not designed to make you lose money, it's designed to make you learn how to trade so you could profit from it. This is why I highly suggest people to be careful about trading, but they shouldn't be scared that they would constantly lose. Additionally, when you are gambling regular house games like dice or slots, you will guaranteed to lose after even years of gambling. Whereas when you are trading if you do that for many years then you will get better and you will be profiting a lot more. This is why I have to say that trading is nothing like gambling and those two are very very different. |
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If the market is continuously down to the dip, no one can assume where its maximum. Moreover, many speculate that there is a possibility of going deeper form the current position. They are not willing to buy any assets. Everything is just an assumption. But as per the overall market condition I think DCA is a better investment strategy at this point. By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.
Using DCA strategy is for me a good strategy that is applicable on the market situation we have right now but If you know how to read charts, It would be better to take advantage of it and catch support or lower prices. We should learn how to maximize our profit in the future. I myself is doing a modified DCA strategy where as I do have the exact budget and time span when should I buy, It's basically a DCA strategy but the thing I modified is I'm trying to find the lowest price I can buy at my set time span since I can do research and read some charts. Yeah, mine is a bit different from people as well. Most people buy at a certain level, and when the price goes down they buy some more, but mine is basically buy some bitcoin at 1st of each month no matter what. I believe that this is something else, not really a "DCA" but becomes DCA when the price goes down. I believe that what I am doing would allow me to be rich after a while. So far it didn't allow me to get rich because I had a ton of debt and now it's getting fixed and I have nearly none, just small tiny stuff. All in all there isn't anything that we could focus on when it's long term, just do it and you will be fine. That's how you grow bigger and better. |
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At the end we are going to see the same we have always seen when something like this happens, politicians will protect themselves and their friends while the rest of the population will have to find a way to deal with the inflation problem which was created by the government, however if things get as bad as I think they can get then this is going to be a massive opportunity for bitcoin as there is not going to be a better scenario for bitcoin so it can get to incredible levels of adoption.
This has been the case for thousands of years and I doubt that it would ever change. I mean we look back in history and say that there were bad times and we are doing "better" but the reality is that we are not doing that much better. Just to give an example, back in the day when slavery happened, the "pay" for a slave was 3 liters of beer and bread in ancient Egypt, and a place to stay. Let's be honest, there are many nations that do not pay people that much right now when they are not even slaves, the "freedom" we have is a lie, we do not have any freedom, we are just slaves that can't be beaten or murdered anymore, that's literally the only advantage we have, but get paid a lot less. |
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Better if they will lower the fee so that it allows people to try this and they will keep on coming back on using a service like this. This is very convenient because they can trade their btc for cash if stores on their country doesn't accept btc yet or they can also buy btc directly on that machine by using their own cash. On what country do you live?
If you are sure that btc is already legal on there then there might be places where btc is installed. Usually they are located in the bigger cities or on those crowded areas. Try googling it and see if you can spot some. A btc atm can increase because btc is getting popular but it can also decrease for some reasons like for example a country suddenly bans btc.
I think getting it cashed out would be great but lower fee is not the issue, it's the transaction fee that is already making it hard. I mean if you want to cash out thousands then it's fine, but there are so many machines that still use legacy wallet addresses to this day, and that's bad, and even with bech32 type of segwit stuff, you have a lot of money spending on just the transactions, add the fee of the machines on that and you got yourself a terrible situation for people who want to cash out 100 bucks or less. In my opinion, ATM doesn't work properly with the crypto world unless you start to see machines that start to accept smaller coins which have lower fees, like maybe tron. |
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Today the price is up about 2% but still around $19k, hopefully it will return to $23k tomorrow or the day after tomorrow, and the next target is July can return to $40k, nothing is impossible because rising tens of percent has happened and often happens in a day.
Don't get ahead of your self mate, $40k is unlikely, we are still in the bear market, and this recent spike could not be sustain then we will go back below $20k again. We even reaches as high as almost $22k if I'm not mistaken last week and yet it did go down again. And which means that speculators are playing the market, and whenever they see a good chance to sell and make a profit they will do it. So I'm expecting the same here, if we ever reaches $22k this week, I'm expecting another sell-off. So this might be another trap being set to us by manipulators so just be careful and just expect the worst this year. I would say that 40k is not a big big leap from here. People think that getting 2x is a big deal, but in crypto it’s not. I agree that it will not happen in July, but if it were to happen, 15 days is more than enough to double bitcoins price. You'll see, when the price goes 2x, it will happen very fairly quickly, not now but it will happen fairly quickly. Hence, I do not see it as a big trouble, I see this as an inevitable thing that we are waiting for. For all these, I am not selling my coins, I am just holding them and I think it will go up very much. So much so that, if I hold it for another 3 cycles like this, I will be able to retire as a rich person. |
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you have an indirect way you answered yourself. People value and invest in Bitcoin because it is a decentralized currency and it is also an asset so having bitcoin as asset is what makes people to value it and be interested to it. I believe that cryptocurrency he said kind of currency that I appreciate people's funds but not like Tether. Tether is stagnant currency which does not add any value when who did why Bitcoin add values and also reduce values thats why some people do not value it.
Yeah, people do not invest into tether because tether is ruled by a company and not decentralized is the number one thing, plus they are much shadier than their competition as well, I would do to BUSD and not USDT if I was investing into a stablecoin as well, so decentralization and trust is one of the reasons. Secondly, I do not invest into any stablecoins. Because, it is clear to me that we are talking about a situation where it is going to be just the same price at all times, why would I do something like that? I mean crypto would go up and make me some money, if I were to invest into stablecoins, I could just put all my money into regular dollar as well. But crypto means better returns. |
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I also predict this year will not be a good process in the increase in the price of bitcoin this is very difficult to go through the bearish process is still ongoing and the price is still volatile.
Some say bitcoin can recover next year of course I also expect the same about this increase but I think this process is indeed long because a lot of panic selling for them is not strong in hand, because I can't believe 100k in 2023 but there is a possibility of 2024 -25 it's very realistic if we compare there to reach ATH again.
I agree that next year the "recovery" will start. I mean not to 68k maybe, but better than this year. That’s what happened in 2018 and 2019 as well, we didn't break over the ATH in 2019, but we did went higher than 2018 anyway and that mattered. Why? Because it allowed us to get better than how we were in 2018. Same could happen now, a peak in 2021, a drop in 2022, and a small recovery in 2023, with a whole new ATH in 2024 for example, or a start of a bull rally in 2024 and ending in 2025 for example. Those things could happen for sure, I am not saying it's guaranteed, maybe we will be 100k in august and start now, but I feel like my timeline is more realistic. |
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~ So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Former is usually a long-term investor's strategy (a higher rish, higher reward approach). Latter is normally done by traders (safer imo). Which one are you? If you prefer for DCA and hold, you might as well stake it in platforms like mycontainer for a 3.9% yearly return. Choice is always yours. DYOR. I would say just the opposite. It's clear that if you do DCA that is a lower risk and lower reward thing, whereas if you start to trade that is a bigger risk and bigger reward. Of course I can't guarantee anything but that seems like the most logical thing right now, higher risk and higher reward is based on your talent, lower risk and lower reward is based on the market. If you are buying it, and accumulating even more, that means that it's going to be based on the market and what it does. But, if you are trading, then you are not basing it off the market, it's about how good you are, because even while going down you may make profit, or even when it's going up, you may lose money all based on your talent. |
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how has Bitcoin managed to grow over time?  Basically, it showed people that bitcoin is to be trusted always. That’s how you grow as a stock, share, gold, fiat, or crypto. If people think that investing into something would make them richer than the inflation pace, then they would invest into it. I believe that if I invest into bitcoin, I would be richer in the future and that is why I invest into crypto. This is how you make money and I believe it is very important. This is how I got richer, and this is how some people became millionaires and I believe that we should not be refraining from trusting it as well. If you do keep on trusting it, then the price of it will end up going higher and higher as well. |
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Have just bought £100 worth of Verasity (VRA) which got me 24500 total.
I have just gone to withdraw this to stake elsewhere but noticed there is a fee of 1500 VRA.
The APY for staking this crypto is 18.25% - is this worth doing or due to the fee am I just better off holding?
I disagree on the token itself. I mean what the hell is verasity. Now that I am checking it, it is barely in the top 400, why would you do that? If you really want to invest into something that would make you some profit, and you want to stake it at the same time, then why not go with cake? They have pure staking, not LP or anything, pure staking and you could make a lot of money from it as well when the time comes. If VRA ever goes up, I believe that Cake would be going up at the same time as well. Or if you are not sure about that, go with ETH or BNB which both have staking features in Binance and you could make a little, but guaranteed income. |
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
That is the thing, there are too many people who are going to end up focusing on one thing, which is making more and more money. Sometimes there are some people who think that it would be smart to force the situation to a max, and say zero, and that's a problem, but at the same time they will short it, that's why they want such a thing. I believe that we shouldn't be expecting it to be zero, or a billion dollars, it's not going to be something that magical. It's going to be something decent, it's going to be like bitcoin at 30k by the end of the year, that's a realistic approach and we are going to end up seeing that for sure. That's at least what I am guessing. |
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The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.
How? Time spent developing their project should be the same whether it's bull market or bear market. It's a red flag if a developer thinks he'll have more time to relax on an uptrend. What could be the advantage to them is to work in silence because it's the period where their investors/traders have less activity. It's about the time you are getting ready to make it even more perfect. When we are in bear market, developers have more time to make it as perfect as possible and they could wait until the bull period to make as much money as possible. I know plenty right now that are just in alpha stage or beta stage and that's how they are reacting to it, they just try to make it bigger and bigger. Instead of a group with 20k, they want a group with 100k etc etc. During the bull period however, if you are too late to the party then you will be releasing when the market goes down, and you will not be getting anything good out of it. That's why there are projects taking some time and they are waiting for the bull period for TGE. |
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Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.
The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.
Of course, doesn't make sense for holders to sell just because the price is tanking and one of the worst bearish market. We even have this report, Bitcoin Leaving Exchanges Hits An All-Time High. But it doesn't mean that the bitcoin leaving exchanges are being sold, maybe they just want to put in a safe wallet wherein they have total control over it. That is true, in fact, money in the exchanges means that it could be sold, money out of exchanges usually means that it’s not getting sold to me. That could be wrong, but I feel like people who would like to hold for a long term would want the money in their accounts, and in their own address' and not in some exchange. Think about all time high amounts of bitcoin being held in exchanges, would that be better? Of course not, this is why it makes sense to me that they would be doing a lot better right now in their own wallets. This is another sign that bitcoin bull is coming very soon, or to me it is at least, maybe I am wrong and it doesn't mean that, but it sounds like that to me. |
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