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161  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: March 22, 2024, 08:19:41 PM
The only time i will consider myself lucky is if i had received at least 1 btc
out of nowhere Grin

investments are risky because it involves money
time and effort it might not be considered as hard word for others but it
certainly involves a lot of work which is something you can’t just use the word ‘luck’ for.

things we work hard for shouldn’t be dismissed as luck as it diminishes
all our efforts to learn and properly analyze in the crypto market
162  Bitcoin / Bitcoin Discussion / Re: DCA vs Smart DCA, what do you choose? on: March 22, 2024, 07:51:03 PM
Well a lot, if not all, of people do this already. It’s quite the simple concept of
“buy low, sell high” that was typical used in stocks back then but is still very much
relevant until now.

The problem with this is that those people that aren’t that rich might not
have enough funds to buy bitcoin when it suddenly corrects itself.
This is why sometimes putting in small
amounts of money regularly is much better than buying a huge amount of
bitcoin all at once during a dip
163  Economy / Economics / Re: Bitcoin prospects on: March 22, 2024, 07:24:48 PM
Fortunately there is no limit to how high the value of bitcoin can get
Due to its limited supply we can expect for its price to keep
getting higher as demand grows exponentially. However we need to note
that the market goes on cycles and bullish market indicators can be a little
different than the last but generally if bitcoin is rising so does most of altcoins
164  Economy / Economics / Re: Economy pressure on: March 22, 2024, 06:47:49 PM
We're all getting pressured by our own economies and that's why we have to adapt the situation and as they say about lemons and lemonades, we have to do that and apply it to ourselves. We'll never know what's coming next to our own countries and economies but it's best to just be prepared and have a life that we're living simply. Because in just a matter of few years, what I am hoping for is that there shall be a recovery where this inflation goes lower and at least some pullback to goods prices.
in the current economic situation we have to be able to adapt to our environment, if our primary needs have been met then our lives are still safe,

What does constitute primary needs? Shelter and food? There is so much more
a person needs in order to live a sustainable lifestyle and not just
depend on what he or she was directly given.

One needs to study or work and they need transportation to get to work
food to eat in school or in the workplace, they need uniforms,
they need devices and the internet it is so much more expensive to live
now than before
165  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats Your Favourite Meme Coins? on: March 21, 2024, 09:32:47 AM
I might just say doge for this one. It has been one of the few
memecoins that still has potential to grow even after a few years
had passed. It is also one of the more popular memes backed up by
of course the elon musk which I would say helps a lot with its popularity.

I have high hopes for this coin going into the future.
166  Economy / Economics / Re: Economic growth and it effect on the standard of living on: March 21, 2024, 07:28:29 AM
Economic growth is one of the major factors that would drive
a nation to get out of poverty. There is that quote of “we produce more,
we consume more” and since consumption is higher than before
the country would need to exert extra effort to maintain that standard
thus allowing for more job opportunities as labor would be more required

these opportunities give chance for a country to grow and its citizens to
have better livelihoods
167  Bitcoin / Bitcoin Discussion / Re: How old would you be by 2140? on: March 21, 2024, 06:30:23 AM

I don't need to beat around the bush further because what I want you to know that perhaps you haven't thought to sit and give a careful consideration about, before being bothered about any FUD and FOMO Or the mere thoughts of investing in BTC is this;
* how old would you be by 2140?
* What's your excuse for not investing in owning Bitcoin now?

I’d be dead by 2140 and it would take a miracle for me to be still
alive by that time. I am already holding bitcoin but for others
who do not have bitcoin: it’s either they just don’t believe in it or
it’s too expensive and they can’t afford it. The latter is a justified
reason to be honest, it’s unfortunate but you can’t just throw everything just
to buy bitcoin. So I would understand if not all people can buy bitcoin.

But bitcoin will be here for the next 100 years so I say work hard right now
until you can finally afford to buy some bitcoin.
168  Alternate cryptocurrencies / Altcoin Discussion / Re: Felix on: March 21, 2024, 06:01:53 AM
Hot? Yes. Strong? I don’t think so. There is not much information I can find on
the internet regarding the coin so do correct me if there’s any confusion. I hope
you had provided some information and credible and legit websites
about this coin so we know we are on the same page. Anyway, This seems to
be another memecoin that is hyped a little too late. It has been increasing in the past
24h but i think it’s all hype or maybe even a rugpull so take advantage as much as you can
but if you are thinking of long-term holding forget about it .
169  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy more ETH..... on: March 20, 2024, 09:26:29 PM
Yes and ETH is the right choice after BTC and don't be surprised if we see that currently too many people are too confident in new projects that are capable of being ethereum killers but in fact ethereum is still the most favorite platform in the crypto market even though it often has problems with network scalability and It only costs a fee but this is the second most sought after coin after BTC. If you want to go in and buy today, it's quite right even though the price is already high, but if I had ETH I wouldn't doubt its ability to increase it.

But the situation is different if we hold unknown tokens that do not have a strong community and are only used for dumping and pumping. as long as we do not sell the assets, the losses have not been liquidated.

In the long term, there is no reason not to be bullish on ETH but in the short term, i am not sure about it. There is a fud spreading around about the possible rejection of ETH ETF approval and news came out that the SEC is pushing a campaign to declare ETH a security. If they succeed, it won't be positive news for ETH but it can be another fud by the SEC  to manipulate the market. Future traders are already making a lot of profit as there is a continued rally in both ETH and BTC prices. So whales and exchanges will try to liquidate those future positions.

If I were someone who had not yet invested in ethereum then I would now

btc etf took a long time too to be approved so I don’t feel any uncertainty regarding
the approval of etf eth even if it doesn’t get approved i am quite confident
since it’s not the only source or reason of why ethereum would be increasing in price.
Right after bitcoin halving it is still gonna see more uptrend movement
170  Economy / Speculation / Re: Is It Time to Buy More BTC? on: March 20, 2024, 08:15:42 PM
but I also wonder if we may see it drop further in the short term.

mate,, this is what causes a lot of investors
to miss their timing. I know it might be a tad bit
regretful to buy and then see it go down even further
and then you think that if you had just waited for
a bit you would have bought it for a little less

but you need to learn how to accept things
i say just buy it from the moment you can
if it’s low enough for u then it must be ready,,
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Solchat, the future of communication? on: March 20, 2024, 12:49:07 PM
Hm I think it’s a brilliant idea. This will definitely push solana up more which is good news to those
who are already holding the coin. Solana has a lot up their sleeves and so far they have been putting out
really interesting projects. They just need to be careful or else all will fail and be doomed.

I really think this is a cool concept and should be monitored closely as it develops.
172  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling BTC for Alt Coins? on: March 20, 2024, 07:55:22 AM
Bitcoin will definitely go more than 5x but not with a couple of corrections
from here and there. If you had already made profits from bitcoin then
I guess taking it out to buy altcoins wouldn’t be that bad of an idea.
Considering of course that you choose your altcoin wisely lest
you just end up losing all the profit you made from bitcoin. I personally
wouldn’t sell my bitcoin until at least after halving but it’s your money, your decision.
173  Bitcoin / Bitcoin Discussion / Re: Soo, bitcoin is now over 70K on: March 20, 2024, 06:39:37 AM

Exodus wallet is a ticking time bomb, and I advise you to pull all your funds out NOW and put them in Unstoppable or Coinbase Wallet or something.

There have been too many instances of crypto mysteriously vanishing from people's accounts in the form of outgoing transactions to unknown addresses. Also never use their built-in exchange feature - that is a KYC "document-rugpull" trap.

In the community I'm most active on most people use exodus and recommend others to use exodus to others all around. (No one there is a crypto expert not even me) The first wallet I used was Blockchain or something and it was fucking horrible, it gave me a huge fee for a $900 transaction and pissed me off so much. Someone in the community recommended me exodus almost 3 years ago and I started using it ever since, I was happy with low fees and a more organized view and was able to understand some of the basics overtime with exodus.

I too use exodus among others and so far i see no problem as I use it.
It’s incredibly easy to check the coins I am holding and see the market for each time period.
I also did not go through a hard time when transferring or buying or selling my coins
in the exchange.

Exodus is usually recommended to beginners due to its friendly interface.
Might just keep using it as long as my coins don’t exceed at least the $500 mark.
174  Other / Off-topic / Re: What is the bad habit that you do daily with full awareness ? on: March 20, 2024, 04:55:49 AM
Unfortunately we really do have bad habits that despite knowing it’s bad
we still continue to do it because of the satisfaction it gives us.

For me… it would be eating unhealthy food particularly
junk food. I usually enjoy a healthy, hearty, home-made meal
but sometimes you just want to eat something tasty despite its nutritional content

It might not be that big of a deal to others but when you keep doing this
everyday, there comes a point where you feel so bad about yourself
and you can feel your health declining but food is so good
that you just keep eating it anyway

Hopefully I get to stop this and go back to healthy eating habits soon
175  Bitcoin / Bitcoin Discussion / Re: BTC spot ETF: Wall Street's Trojan horse on: March 19, 2024, 08:14:25 PM
    • Do you support securitization or tokenization?
    • BTC spot ETF is the maturity or degeneration of BTC?
    • Does BTC spot ETF have any negative impact on BTC and the crypto market?

    I don't support any innovation that is that has the potential of distorting the natural operations of Bitcoin. The coin is designed to be a decentralized currency that should be used without intermediaries.

    Bitcoin ETF has attracted so much publicity and money to the Bitcoin industry but as you rightly pointed out it might be a Trojan horse. It is because it moves people to centralisation thereby defeating the purpose of Bitcoin. These institutions have the funds to carry out expensive and captivating commercials that will make people gradually forget that they can buy real Bitcoin without any intermediary.


    That is definitely possible but I think even with much effort, it won’t get that far.

    There are a lot of investors who were against ETFs but I think it helps to propel the
    price upward but it does not mean I will be favoring centralized way of purchasing
    bitcoin than its counterpart. I believe that a lot of people feel the same way. From an
    investor’s point of view, the emergence of ETFs is a good thing allowing more people
    to buy bitcoin. It’s not that they can’t buy it themselves but rather it’s the thought of
    having a trusted, credible and reliable place to buy bitcoin in is what makes them favor ETFs.

    With this in mind, I hope bitcoin becomes mainstream enough that we can go back to its
    original purpose which is to become a payment method through a peer to peer
    transaction. [/list]
    176  Economy / Economics / Re: Impacts of your national economic and the fiats values to your bitcoin holding on: March 19, 2024, 07:41:05 PM
    USD is a lot greater than my fiat currency. I am on the same boat as you, mate. I have planned for myself
    to do DCA method but it’s becoming harder and harder to actually achieve.
    There are so much bills to pay and necessities to buy.
    It doesn’t help that inflation has been growing rapidly here in my country.

    All I can do right now is to rely on airdrops and continue to hold no matter
    how hard it gets, I don’t want to sell my coins.
    177  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin will FAIL on: March 19, 2024, 07:23:19 PM
    Although this thread was created in 2017 so it's been a long time so it's an old topic. Currently all of these Dogecoins have been at least inactive and have seen massive success since Elonmusk took over the project. Hence it is currently enjoying massive success and is apt to grow further.
    Elon Musk has turned his attention to Doge, and it's had its moments of success. Whenever he talks about Doge, through his mouth or social media, it tends to soar. But it also crashes just as hard. Now that Elon Musk has spoken up again, it might be best to steer clear of anything associated with him.
    Investors should enjoy while it last, Elon Musk has this great influence when it comes to crypto, talking about a particular coin can trigger investors to buy. Now the coin has gained value compared to the time op posted the thread, I saw similar thread about dogecoin yesterday and this coin seems to be popular as we've seen in the market, my question is will this value last or the coin will still fall, I'm curious to know what's next after the pump.

    With the halving fast approaching, alongside many people being attracted to the coin due to elon musk’s
    influence and it being tied with his own product like tesla, I do think it will maintain
    a quite strong position in the market.

    It’s definitely one of the coins I am looking at in hopes of generating profits.
    There’s a huge chance its hype dies through so the most I can do is take advantage
    of the hype.
    178  Alternate cryptocurrencies / Altcoin Discussion / Re: Recommendation for a good alt to invest in on: March 19, 2024, 07:07:33 PM
    At this point, I am looking at projects like Starknet, Polyhedra, Blast, Taiko, Eigenlayer, Wormhole, Mode, Drift Protocol, zkSync. Your thoughts? Sorry for the wall of text lol..
    All of these aren't bad investments as per see but still, you need to be careful.  I didn't give my full investment on altcoins or new projects, it's very risky and I can't afford it.

    TIA is a good project and seems there's a potential to hold for a long term.
    Aside from TIA I also have these.
    • Arbitrum
    • Chainlink

    Why not give a large allocation on Bitcoin to less worry?

    I personally think everyone should be holding some bitcoin to their name
    but I do understand the need to diversify our portfolio. The profit would be
    a lot more and much quicker to come if you find a coin that is only starting anew.

    I am guessing as well that some people are hoping to find that bitcoin
    success all over again. But like you said it is too risky and often
    not recommended for those in a tight budget.
    179  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: March 19, 2024, 06:16:30 PM
    Investment is a necessity as much as it is a privilege.

    Not a lot of people have the ability to invest due to their present financial circumstances.
    There are different kinds of investments and I don’t think it all involves money. We also need to
    invest in ourselves and that includes taking care of our well-being.

    What is the use of your profit if you’re sick and dying?
    180  Economy / Economics / Re: The Prices of Labour. on: March 19, 2024, 10:58:08 AM
    An assumption can be made depending on a lot of things. Firstly, which country are we talking about?
    In my country, it is well-known that professors have a hard time teaching because of the system. A lot of
    them are underpaid compared to the hours they spend in work. Sometimes, your educational attainment and
    work experiences will not land you a high-paying job. I know plenty of professors that quit their jobs due to the lack
    of proper salary.

    Even then, sometimes with a high paying salary it’s still not enough to be able to buy luxurious stuff. Maybe they’re
    bad at handling finances or maybe they are the breadwinner of the family and things like that. It’s not
    our business to speculate about other people’s salaries and financial situation as we never know what they
    might be going through.
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