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621  Other / Beginners & Help / Re: Experience is key, go for it. on: October 21, 2023, 12:00:31 AM
That's absolutely right! Experience is the key because there's a saying that theory doesn't always work in real life. You'll only find out if something works or not when you put it into practice in a real-life situation. With experience, you can learn and make necessary improvements to reach your goals, whether it's in trading or investing. Just keep learning from those experiences until you succeed.

In trading, for instance, what you learn from reading is probably just the basics. You'll quickly realize how volatile the market is, and changes can happen overnight. Without gaining experience, you won't truly understand the real market situation. Take Bitcoin, for example. When it experiences a big drop, according to theory, it might seem like it's about to collapse. But that's not the real situation. Bitcoin has seen significant drops many times, yet it has always bounced back. This is why investors still have confidence in it.
622  Other / Beginners & Help / Re: How much money can you make by investing in Bitcoin? on: October 20, 2023, 01:43:05 PM
Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased.
It was quite low and almost seemed worthless in its early stages. Unfortunately, we missed the opportunity, but that's just a part of life. What's important now is that you're aware that Bitcoin can be a good investment. If you want to gain more knowledge about its price history, you are free to check it out.

Just click all, so you'll see its price history. https://coinmarketcap.com/currencies/bitcoin/


I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.
You need fiat currency to acquire it through trading; you don't require Bitcoin to obtain Bitcoin. There are alternative methods to acquire it; you can work for it. Regarding the type of work, you can keep yourself occupied searching for online jobs that offer payment in Bitcoin. With sufficient effort, you are likely to find such opportunities.

Is investing in Bitcoin easy or complicated?
Yes if you don't educate yourself. Watching youtube videos that explains about bitcoin is already enough for newbies.


Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Yes, there are investors who have already achieved significant success. Just remember that Bitcoin was worth less than a dollar, and now it's almost $30,000. That, in itself, is a remarkable success. Some early investors have greatly benefited from their wise decisions.
623  Economy / Gambling discussion / Re: 2023 NBA Season on: October 20, 2023, 11:53:55 AM
He needs to make it his team and use every opportunity to make them realize that they throw the wrong player out.
He couldn't have done that; the Warriors made a well-thought-out decision. If only Poole had a strong playoff performance last season, he probably wouldn't have been traded. Unfortunately, he showed the opposite of what he displayed during their championship run, and that left the team with no choice but to trade him.

It seems like both sides are content, and it appears to be a win-win situation.

A single season of bad performance in the playoffs is usually not a ground for a team to trade or let go of someone they believe is a potential. There should be something not told in public by the Warriors' management. Or it could be that they saw CP3 as a golden opportunity more than Poole hence the trade.

Fans are divided on the trade but it is what it is. This is a blessing in disguise for Poole to show what he is as a player since the Wizards do not have a superstar. We'll find out soon if he is a superstar potential or just a support type of player. 

It's no secret, Poole and green literally got into a punching match.  Klay steph and draymond are tight it just wasn't going to work.  And on top of it you can't pay everyone so Poole was the odd man out.  Golden state thrives on chemistry.  Fit in with those 3 or see your way to the door.

That's the reality; the 'Big 3' have worked hard to build a championship team that no one can dismantle easily. If Poole thinks he'll be chosen over Green, he's mistaken because the Warriors are stronger with the 'Big 3'. Poole is still young, perhaps not mature enough to grasp all of this. His desire seems to be to enjoy the same fame that Curry has, but that might not be attainable with the Warriors. He should be grateful that he was traded, as with the Wizards, he'll have the opportunity to forge his own name and perhaps even create a lasting legacy.
624  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The zeal to invest in speculative asset on: October 20, 2023, 10:12:49 AM
Bitcoin is indeed a sound investment choice. When discussing cryptocurrency, it's best to focus solely on Bitcoin and not get distracted by altcoins. Comparing it to other investments like stocks, bonds, gold, and real estate, Bitcoin stands out.

While Bitcoin is considered a speculative asset, delving deeper into its studies reveals interesting facts. There's a genuine and continuously growing demand for Bitcoin. Moreover, with increasing government acceptance and regulation, its future is expected to become more stable. So, if you're planning to invest or diversify your investments, putting your trust in Bitcoin is a viable option. Just HODL onto it, and you'll be in good shape.
625  Other / Meta / Re: As A Bitcointalk Member on: October 20, 2023, 08:51:43 AM
I'm not a special user, though I firmly believe that consistently following the forum rules and contributing to the best of your knowledge is already enough to be considered a contributor. As for prominent members, I'm not entirely sure about that, but I do know there are popular members in the forum who have made valuable contributions. They've been instrumental in combating spam and scams, especially when money is involved. Their efforts help maintain the forum as a safe and a good place to be.

In my opinion, these are the individuals we should truly appreciate and thank. They've done a tremendous amount for the forum.

https://bitcointalk.org/donate.html
626  Economy / Speculation / Re: Dump market potential? on: October 20, 2023, 07:45:54 AM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?
627  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: October 19, 2023, 01:27:16 PM
I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

They're motivated to recover what they lose, you know. Like you mentioned, they keep losing, but they still come back to gamble. It doesn't make sense to keep coming back if we keep losing; it's as if we're making the problem worse. But let's put aside the idea of losses, because there are people who kinda enjoy the entertainment they get from gambling. Despite the fact that they're losing money, they still come back to satisfy themselves. These are the folks who have a say in society, those who have a thriving business and just want to spend some of their profits to relax. Sometimes they win, but most of the time they lose, and yet they seem to be happy. This is quite the opposite from people who are already desperate.
628  Economy / Gambling discussion / Re: Tips on staying responsible. on: October 19, 2023, 12:18:43 PM
To begin with, you start with a bankroll, create your game plan, and then proceed to gambling. Being responsible is easy to implement by following your game plan, which should include how much you're willing to gamble and when you'll stop. A common way to exercise discipline is by sticking to what you can comfortably afford. This means you gamble within your means, using money intended for fun and not for essential needs or emergencies. That's the kind of discipline you need.

Additionally, since we're only human, we can sometimes get emotional and make irrational decisions. It's crucial to avoid this from happening, but if it does occur, you should at least learn from the experience and ensure you don't make the same mistake again.
629  Bitcoin / Bitcoin Discussion / Re: Bitcoin market dominance on: October 19, 2023, 07:12:30 AM
Market dominance of altcoins tends to increase during a bull run as both the old altcoins experience a surge, and new ones come to life and start rising again. This is a common market sentiment during a bull run, but it shouldn't be viewed as a consistent trend because the real market dominance of a particular coin can only be measured when the market is neutral, much like our current situation.

As of now, according to CoinMarketCap (CMC), market dominance is at 51%. This is because the market hasn't seen any significant movement, and investors often tend to put their money back into Bitcoin once the bull run subsides. If I recall correctly, back in 2021, Bitcoin dominance dropped to just over 30%, which is a significant difference compared to the current scenario, right? The reason behind this is that, despite Bitcoin's impressive rally where it reached $60k at that time, altcoins also had their own bull party. So, it's a bit of a complex situation; you can't really gauge the true state of the market during both bull and bear seasons since they tend to be either overvalued or undervalued.
630  Other / Beginners & Help / Re: Can the government acquire all bitcoins either by seizure or purchase? on: October 19, 2023, 06:24:34 AM
I read the article you shared, and I'm a bit confused about whether the Bitcoin has already been seized and is in the possession of the Israeli government. According to the dictionary definition, 'seize' means 'to take hold of suddenly and forcibly,' which implies that the government has taken control of it, either by identifying the user of the wallet and compelling them to provide the key to access the wallet or by identifying it as an exchange wallet. The article wasn't very clear on this matter, leaving us to guess.

The thing is, they can't seize these assets if they don't know who the owner of the wallet is. Regarding financing terrorist activities, I'm certain that the sender and the receiver are well aware that transactions passing through a third-party wallet, regulated by a government, can be traced because they have the power to investigate such transactions. So, honestly, I'm still a bit confused because, if they had seized it, they would have reported a specific amount of Bitcoin seized.

This statement from the article is quite confusing.

Quote
Israeli Defense Minister Yoav Gallant said he issued an order to seize the cryptocurrency wallets and turn over the funds to the Israeli government.

To whom they issued the seize order?
631  Economy / Gambling discussion / Re: 2023 NBA Season on: October 18, 2023, 01:22:13 PM

I think we can deduce that he was able to play more defense back then because he doesn't have to exert much effort on offense when he was a GSW. The man isn't getting any younger and I'm pretty sure he'll be much needed in offense for the Suns so that's where he'll use more of his energy.

His role hasn't changed much; he's still the main focal point of the team's attack when it comes to scoring. Initially, Curry was supposed to be the primary player, but when Durant joined, he graciously stepped back, acknowledging Durant's reliability. Durant became the primary scorer, and if I remember correctly, he even won multiple Finals MVP awards.

There was a slight difference when Durant was with OKC. Westbrook saw himself on the same level as Durant and didn't let Durant take the lead. This likely contributed to conflicts within the team, ultimately leading to Durant's departure for the Warriors.

Now, when you look at Durant, he's become a complete player. He can defend, chase down opponents due to his height and quickness, and grab rebounds. His only challenge arises when he's posted up by bigger guys like Jokic, as he doesn't have the same physical presence as traditional centers. Nevertheless, Durant is undoubtedly an MVP-caliber player.
632  Bitcoin / Bitcoin Discussion / Re: CZ's view on Halving on: October 18, 2023, 06:57:15 AM
These are just based on Bitcoin's historical price movements before and after halving. We don't need to change anything here. Since the halving is getting closer, we should be gearing up and not miss out on the action.

CZ is one of the most successful figures in the crypto world, owning one of the biggest, if not the biggest, exchanges. He has a solid reputation for not hyping things like Elon Musk does. He's just laying out the facts, backed by figures and events from the past. So, it would be crazy to go against the trend; that would put us on the losing side as investors.

The more people enjoy the bullish sentiment, the sooner a bull run is likely to come. That's what we all want, right?
633  Bitcoin / Bitcoin Discussion / Re: Wow! US Gov among largest Bitcoin hodlers with over $5B in BTC - and Tim Draper? on: October 18, 2023, 06:08:14 AM
Yeah I remember that auction back in 2014. The auction was blind so you didn’t know what the high bid was. And you could tell there was demand when people were paying more than market rate for the bitcoins.

Many back then thought that Tim was crazy for spending all that money but it obviously was an incredible investment.
He took a big gamble investing in that massive pile of Bitcoin. Yeah, it might have looked like a foolish move back then because people hadn't experienced the bull run yet. He could have cashed in during the 2016 bull run when it hit $16k per piece, which I think was the all-time high at that time.

But with this coin, it's anyone's guess. As long as there's no associated address, we can't keep tabs on it. Tim's a billionaire, though, so he probably knows what he's up to. Maybe he sold some to recover his capital and make a little profit, or perhaps he's still holding on to that colossal 30k stash.

Let’s just hope the US Government won’t start dumping the rest of those coins in the near future. I remember last time they sold there was a huge dump on bitcoin.

I don't think they'd dump everything all at once; they'd probably do it gradually if their aim is to liquidate. But you know, the market isn't likely to react negatively to this kind of event since it's not bad news, unless the unexpected happens.
634  Economy / Services / Re: Looking for a signature campaign manger for bitvest on: October 17, 2023, 07:16:28 AM
You guys are messing this thread with off-topic posts. Please take your grammar corrections battle elsewhere. As for OP, I believe this thread has already served its purpose since the campaign has already been launched. I suggest locking it for now to prevent unnecessary posts.
635  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: October 17, 2023, 07:09:31 AM
I think there is no need for newbies to start investing after knowing everything. Just knowing how to buy and hold bitcoins, you can start holding bitcoins. You don't need to know everything about bitcoin right now, you just need to buy now and start with safety. And then you slowly get to know everything about Bitcoin.
That's understandable, but it's not advisable to limit your knowledge of Bitcoin, especially if you're investing for the long term. When you invest in a volatile market like Bitcoin, you should expect fluctuations, and having limited knowledge can lead to emotional decisions that might cause you to sell your investment prematurely. This is one of the main reasons why investors who ride the bull market often end up selling their holdings during the bear market. The lack of knowledge can lead them in the wrong direction because it's no longer their rational minds guiding them, but their emotions.

In any type of investment, especially in assets like Bitcoin, which are high-risk, it's crucial to equip yourself with the right knowledge. This way, you can make informed decisions and avoid being swayed by your emotions. While others may panic and sell, you can stay calm because you understand the market's dynamics.
636  Economy / Economics / Re: Cracking the Code of Saving Money... on: October 16, 2023, 11:38:44 AM
It could be that your undisciplined spending habits are the problem. If you cannot control yourself and always indulge in buying your wants, that's where you won't be able to save money. Some truly wealthy people live below their means, even after achieving financial freedom. So, if they can do it in that situation, I believe those struggling to save money should learn this method.

By bringing it up here, it means you've already recognized it as a problem, and there's always a solution to any problem. I suggest that if you can live within your means, you should follow that without questioning. Eventually, savings will naturally accumulate as you minimize your spending and focus only on your needs.
637  Bitcoin / Bitcoin Discussion / Re: If not for Bitcoin on: October 16, 2023, 11:24:46 AM
Anything created after Bitcoin may and probably will collapse, but Bitcoin will endure. Let us remember that. Bitcoin has weathered tough times on numerous occasions, yet it's still alive and kicking. I mean, look at the current price and how the market is moving; it remains relatively stable. One of the reasons for this stability is the trust of investors. We're actually seeing growth in numbers, especially now that we're likely heading into a new bull run.

Trust in Bitcoin and nothing else. You can invest in altcoins or any projects, but ensure that the majority of your investment is in Bitcoin. While some say it's quite risky due to its volatility, aren't we here to earn bigger returns? We're in a high-risk, high-profit situation, and we should embrace that.
From what has happened since the past there should be nothing to be afraid of or doubt about Bitcoin anymore, many storms have passed and Bitcoin is growing and growing, not only the price but also many people's trust in Bitcoin and even as time goes by Bitcoin's popularity is increasing with the amount of positive news and movements carried out to stimulate it, making many people know and believe in Bitcoin.

The risk will always be proportional to the possible gain, and we are here to make a profit so that is very natural.
However, what happened to Bitcoin in the past makes me believe that the risk we face is time and ourselves to remain patient no matter what the conditions are because Bitcoin has a big enough opportunity to grow at any time even though it is in a difficult situation.

That's the best approach when you're simply holding your Bitcoin; you need a lot of patience to resist the temptation to sell. I've personally experienced that in the past. I sold my Bitcoin when the market was in a panic during my first bull run experience back in 2017. I thought the market would keep going up, so I didn't try to sell. I became more ambitious and greedy because I was holding without a specific target for when to sell my Bitcoin.

After that experience, it made me realize that the market is bound to grow. It may not be as stable as other investments due to its high volatility, but if we look at the bigger picture, it's easy to convince ourselves that we're heading in an upward direction.
638  Economy / Speculation / Re: Is doubling your investment more probable than we think? on: October 16, 2023, 10:41:48 AM
If we focus solely on the potential for profit, it's easy to say that the more we invest, the better, as it can yield a larger return. There's no limit when it comes to the possibility of a bull run. Maybe even $100k per Bitcoin could be considered a conservative prediction because, based on past scenarios, it can go much higher. It's much more exciting to expect a tenfold return on our investment, which means Bitcoin could potentially reach $300k. That might sound high, but it's possible. During a bull run, the hype is intense, and people often experience FOMO, leading to the possibility of an overvalued price. However, after every bull run, a correction period follows. But we can maximize our profits before the correction begins. Typically, during a correction, bitcoin can become oversold, making it undervalued, which is a good time to accumulate again.
639  Economy / Services / Re: Looking for a signature campaign manger for bitvest on: October 16, 2023, 05:29:55 AM
Lightlord's been around for a while, and it seems like you folks have already suggested all the active campaign managers in the forum. Let's keep this thread tidy and avoid any more unnecessary posts. I'm pretty sure Lightlord mentioned he's on the hunt for a manager, so he'll likely start getting offers from active managers soon.
640  Bitcoin / Bitcoin Discussion / Re: If not for Bitcoin on: October 16, 2023, 04:57:28 AM
Anything created after Bitcoin may and probably will collapse, but Bitcoin will endure. Let us remember that. Bitcoin has weathered tough times on numerous occasions, yet it's still alive and kicking. I mean, look at the current price and how the market is moving; it remains relatively stable. One of the reasons for this stability is the trust of investors. We're actually seeing growth in numbers, especially now that we're likely heading into a new bull run.

Trust in Bitcoin and nothing else. You can invest in altcoins or any projects, but ensure that the majority of your investment is in Bitcoin. While some say it's quite risky due to its volatility, aren't we here to earn bigger returns? We're in a high-risk, high-profit situation, and we should embrace that.
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