Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago
I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin. However, the market is pumping, and it may seem like a good move if the loan is not for lunch, rent, and family bills which account for our daily needs (That is, my daily needs have been taken care of). Thus, timing is another criterion to discuss. How can someone know the perfect time to pick such a desperate gamble? We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market, good guides or rules can be shared for users and newbies in the forum to have a grip on the market and know if borrowing is appropriate. It does sound thoughtless but, borrowing is part of the business. And we must prepare for the best as well.
Thanks, I'm ready to learn.
Much better to earn and save first before entering an investment thing but if you can handle the stress and all the negative thing when your investment doesn't reach your goal then go on. It is your choice to invest and borrow some money at your own risk. Borrow if you could able to bare the risk but if not then better wait for the right time be because there's right time on everything but I could not blame on why others is on the rush because opportunities do really come on an unexpected way which you would need to act fast so that you could take advantage of it and this is where taking loan or borrowing money would be one of your options.So it's a personal choice and be sure or responsible on repaying those in the right time so that you would avoid problems. |
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There is no market that goes straight up without ever having down days, even gold crashes at times. So we just need to realize this is also valid for crypto as well and move on about it. Plus we are a volatile market as well, which means that our downs are bigger than stock market downs, however our ups are much bigger as well. How many shares have you seen that went up x15+ in a single year? Bitcoin did that from april 2020 to april 2021, and yet we haven't heard anyone talk about it being much better than anything else in the world, plus so many projects going up after that. All in all, our downs could be high, but our ups are higher, hence volatility works for us.
One of the most common impressions specially the noobs is that they do really believe that the market could easily make them rich without even realizing on how the market behaves or works until they would see it for themselves on how it works and this is where self realization do happens and also it won't be called a market if it does have single path or movement. Investment ok altcoins do impose always a risk even sticking simple with Bitcoin is still having that risk but of course it would be slightly different when you are sticking into something which is highly supported by the community. |
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Taking a loan, of course, is only temporary, we cannot continue to rely on loans for our daily needs, and in my opinion the loans we can do are for business purposes, if we take a loan for the necessities of life then we will go bankrupt and assets will be sold to pay debts.
This should really be your main concern which you should be minding off that never ever took a loan for the sake of necessity,needs or wants which would really be fucking you up later on on the time that you would need to repay those interest or money borrowed unless if you do have some other source of income then it would really be just fine but if not then better avoid it as much as you could. You could make out some savings and then make out some investment later on if you had accumulated or saved for long. |
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Also the name has to be short and it has to be catchy so people can easily remember, however while this is important the functionality of the casino is even more important as without that no one will be interested in playing at that casino at all.
The casino name can be catchy but what most gamblers care about is enjoying every little bit of the time they spent in the casino, the fairness of the game, good customer, and fast withdrawal. There are many casinos where gamblers can enjoy their time with excellent customer service, in a way it will be hard for them to choose which one they should go for. Among the top alternatives, and with similar promotions from all sides, I believe the gambler will play at the casino which most pleases him visually speaking. Not only the brand is the important in this case, but also the site's layout, colors and disposition of the items on the page. During a moment of indecision, a nice or pretty brand can be the slight differential which will enable the gambler make his choice, but of course, every other aspects and features players expect from a legit and professional casino must be there as well. ^ That is why we should not look into the brand upon choosing the casino even how many are them, go directly to the ToS if you are looking for a good casino regarding their excellence in customer service. I remember before when I was new in crypto and I did not know about gambling, due to my curiosity about BTC I researched (free bitcoin) which leads me into Freebitco.in gambling site and it has a faucet, I explore and try everything on that platform and that is my first time playing online gambling. Their brand name is not catchy but many people accidentally found them. Usually when i do visit a casino,i do look for this. 1. UI/UX 2. Games offered 3. Fastness of withdrawal/deposit 4. Active support 5. HUge community/Lots of players Reading TOS is normal or should really be in default. |
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Best to build your cryptocurrency-related skills before going into it and if you are coming in with the sole aim of cashing in on some profits or free bitcoin, you may get frustrated since cryptocurrency is a journey and your skills are what get you paid. Bitcoin is highly valuable now not like in the 2009-2010 era when free Bitcoin is given as airdrops. So ultimately one needs to look away from the profits and concentrate on skills since one needs to work to get paid in Bitcoin.
Building your skills and strengthening up your emotional aspect is a must on the time you do consider on stepping your foot into crypto.This might look or easy as it sounds but making money wont really be that simple but once you do have able to take some good grasps in the market then you would definitely able to sustain and make yourself profitable but of course it would really be involving lots of trial and error along the way. If you are just earning sufficient or just enough then planning to have some investment or crypto then you can, it all matters on how much you do save for that particular goal or wish you do have in mind. |
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That is another option that they can do because they can also do some investments in these businesses rather than managing it by themselves and have some headaches along the way just like you said that it has never been easy handling many employees while dealing with figures every single day of the year. Surely these rich people don't want to bother themselves as they have a lot more options than the normal people have.
But before they decide to invest in the gambling business by setting up a casino, they need to have really trustworthy employees to manage it so that the rich people don't lose their business instantly. Maybe the rich people will manage the business for a while, teaching employees who have not been able to work properly and correctly. After that, these rich people will hand over management to trusted employees while the rich people will look for other sources of income. Without a doubt finding good employees in which you can trust is something difficult, however I think that at least at the beginning the owner has to supervise how the casino is doing and be the one at the top, and only once everything is running smoothly then they can delegate and give their position to someone else. And this is because the first months in which the casino is released are probably going to be the ones that are the most critical, because if something fails then the casino may soon enough garner a bad reputation and once this happens it is going to be almost impossible to recover from it, as people in this market tend to not forget when a casino has scam them or give to them an unfair treatment. As a business owner then you would definitely be choosing the must trusted people who would be part of your team because it would really be indeed crucial for such operation on giving out the best services for those gamblers/users who would tend to make use of the site and since this do involved huge money then its understandable on how much trust you should be putting on.First impression does last thats why its really important on doing your best on giving the good experience and seamless operation so that people would be having good impression towards the platform. |
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Hello all,
I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?
Thanks in advance!
Depends on you if you could able to bare the risk of volatility or not and as a business owner/merchant then most likely you would really be minding off about profits which should really be on that assured mode or being stable thats why lots are really in doubt when it comes on accepting bitcoin or crypto as a whole due to that reason aside from regulation issues.If you could handle the risk then go ahead. Some might be using those 3rd party provider which they do accept bitcoin and directly converted to fiat value or simple directly accepting it on your own personal wallet. |
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What Quidat said is right because every body have it way of succeeding and it way of understanding some thing special. Any you too is right negotiation skill are of different type and i believe that if you put your mind together to learn something nothing will make you not to understand the thing except you don't want to, are you serious that good negotiators is a good seller, How?
You must master one skill. I feel degree give us job - but skills help retain it. Skill sells - whatsoever. Learn one skill - master it and give you best. Negotiate well, keep telling your client about your progress. And Maintain a balance professional attitude. Everything should be in balance and try to compensate on where you do lack since not all people would succeed into particular things even though how hard he do try or tested it out. Learning skills do takes time and effort and isnt something that you could easily deal with or gain with.I honestly having a hard time on getting some jobs online due to skills arent that enough nor sufficient for the job but doesnt mean that it would completely stop you on pursuing your targets.If there's a problem then there's always a solution. |
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Luka now experiencing what Lebron has experienced when they were dominated by the Warriors. They'll be lucky if they will win one game, and game 4 is their only chance of winning, so they should not waste that opportunity as they are at home, at least give their fans one game to enjoy.
In my own opinion, Luka is slow,he's good but he's not unstoppable. He's not actually slow, it's his style of play that looks like he slow coz he's using his size and strength as he is a bit oversized for a point guard position. Anyways, it's not Luka who's the problem why Warriors are beating them. It's the whole Mavs team without no experience in the big stage against a veteran team who's been living in the Finals since 2015. I am thinking the exact same thing. Mavericks don't have the experience to make any sort of comeback by a seasoned team like the Warriors. They will get swept in this series and Golden state will want to end it early so to have a rest when they met the next team to move on to the finals. I am going to guess and put Golden State to win by a wide margin as Luka couldn't start anything last match and is distraught he doesn't have any players who can match his skill so to back him up in this playoff run, which fell flat way to quickly. For what we see on what currently have with perfect execution on offensive and defensive end Mavs really don't have anything to push back this series in favor to them and most provably they will be sweep by GSW because I actually don't see some major adjustment as they keep relying on Luka in terms of offensive matters. Maybe they should start to look for the weakness of the death 5 line up and maybe they should insert Boban inside to establish inside presence and might this will give a hard time for Warriors to penetrate inside the paint. If they would really be having that kind of behavior on which too much relying on Luca will really not work if you do compare on how Warriors do execute plays and teamwork then you could actually see the difference in between teams.He carries too much on his shoulders unlike on the other side which each player do function out well and could really make out move both defense and offense GSW is really just too good when it comes to outside/3pt shooting which do really gradually make the lead gap even more wider as timer counts. |
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The other day, one of my friend who is new at crypto, faced this issue at binance where he was unable to buy crypto and this functionality was disabled. He used to buy sell USDT from binance previously (he is not a merchant), but currently, he is facing this issue. He has no clue why this message appears and what the solution for this is. Anyone, please advise on it so I may pass on the solution to him.
Clearly shows that you do need to contact customer service yet they are the only ones who could resolved such issue or problem.So far as a binance user for a long time, i havent experienced such thing thats why i dont have any idea but since this do involved buy and sell then this would really be connected to P2P i guess.He might able to trigger out something which make their security do able to act and such prohibition or restriction was applied. So there's no other solution but to contact them. Close this thread. |
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One thing is certain (based on trends), when the market is at bearish mode, that's the time to buy.
It's hard to put bearish bottom. Sometimes I feel still afraid if the bearish has not touched the support that I usually take by drawing the Fibo line. Although technical sometimes does not apply because whale wants another. Buy when bearish and don't know where that support will harm. But I understand everyone has their way of being taken easy and making a profit. Mngkin other techniques can be done by buying gradually, done with a quarter of your funds, although if later the profit will not be maximized but it saves your assets from a worse happiness. The price can always crash deep further, including during a bearish market. It's out of our control and forecast skills. But at some point you have to set your enter point, even knowing this harsh reality, otherwise you won't thrive in crypto market. To not get disappointed I think about those people who bought BTC during its ATH in 2017 and have seen their investments crashing to the bottom, although they didn't lose hope. Instead, they just kept holding with patience and assurance someday bitcoin would overcome that bear market. And that is exactly what happened. From an ATH of almost 20,000$, to 3000$ in 2018, to the impressive ATH of 70,000$ last year. Expect the unexpected so that you wont really be making yourself get that frustrated on how this market moves and if we've been here on this place for years then these movements arent something new to us. So wherever we do see some drips or declines then we would really be having that common reaction which do mostly freak out or hesitated on making out some buyback position. There are people whom do see these things to be the best time for them to accumulate which is something true because the market couldnt really be just having a one way in regarding with movement into the price. |
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^^ Well we have been discussing what kind of strategy Donaire needs to win this fight because as you have said, he has seen Inoue power and speed before and he himself holds against and then fight and broke Inoue's orbital bone. And so far the consensus is that Donaire's left hook and counter punch is the key for him to win against the Monster. If he failed to execute any of the two then the chances for him to win is slim.
If we combine all of our ideas of how Donaire can win against Inoue is just to avoid the body punch. Donaire can stand against the punch of Inoue and avoid power punches. And, I think he will stand against him if he tries to close in a fight and do left and right hooks. As I predict the fight, it might be the same as last 2019. Donaire just needs to increase his stamina and speed since Inoue is much younger and has more speed and power. Body punch is the signature of Inoue, Donaire was a victim in the first fight although he was not KO after getting hit by a solid body punch. I'm pretty sure Donaire are aware of it already, he already felt the power of Inoue, so he will be careful in this rematch and will try to be quicker, and also quicker to score a KO as that's his only chance to win. Donaire cannot honestly deny that he was really lucky enough that he didn't got KO'd after Inoue gave him that solid body punch, he surely felt that punch while Inoue was also hurt but he managed to shake it off. Not just Donaire but both of them will be careful enough because they are aware of the consequence if they caught unguarded as they both know how strong they are. On first fight that they had in between these fighters then of course they had already have some awareness on how strong their opponent is which means that there would really be adjustments to be made with this upcoming rematch.They would really be tending to adjust and make out some improvement which do make the opponent isnt really that aware off.For sure Inoue felt that previous fight that he had against Donaire which is something that he shouldnt really be comfortable with because we know on how good or being durable for a Filipino boxer. |
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If my country will start to accept bitcoin and make it a legal tender, then they should create educational moves that will provide good education for all the people about bitcoin, its advantages and disadvantages, its proper usage, prior to making it as a legal tender. And of course, its not only the country's leaders who will decide on it, but the whole government should be given consideration too. I guess this is one thing that El Salvador has not been given priority, the permission of the people because they are only after of the revenue and profits that they can make, not on the underlying risk that they have to take especially when majority of the people do not approve it.
They do really lack on educating their citizens and thats not a surprise on why they do really have those opposition and they should have listened at least on what are those complaints.Explaining overall not only focusing on investment or revenue matter will surely open up their eyes at least and accept on what its like not on the time that the market is really on deep reds or bearish. They havent failed though but they do lack on giving out some education into their vicinity in related on different aspects. |
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If the same trend we've got as last year, we will see a pump after this correction which we all usually know comes after these drops.
It's true that these side ways will cause one to doubt whether it's a good time to buy or sell but make sure that before you take any action, you know what you're doing and the decision you'll make. I like it more when bitcoin is like this, the slow-mo it got for its price.
In my opinion, currently selling is not the right thing because it will only make us lose. Try to be a little patient and try to buy back bitcoin at the lowest price like now then the profit will be ours later. But it all comes back to each of us because not everyone is able to survive. Well, it's not the right thing if you're about to get more losses upon doing so. And that's why don't sell at losses and when the market is at its dip. You'll see that there's no need in doing it and instead, you should do the opposite of buying if you think of this time as buying opportunity just like the whales do. Knowing the lowest price is up to you, you can buy during the said dip by most or buy during the dip of the dip, well, that's a meme that I usually see.  Dont know on why some people do really consider out on selling when the market is on deep declines or dips which we do clearly know that it would eventually recover.As long you dont sell those coins you have then you arent losing something.They might be looking on USD value but for coin/token value or amount would really be just the same and thats the thing you should really bare that up in mind. Sideways or accumulation or consolidation period could really happen in the market anytime and this would really be a test of faith i would say.. hehehe. |
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We are going through cycles and it's getting harder and harder to pick the wining horse amongst the new projects. I myself have lost faith with any of these new shiny promises. I'm currently revising the old trusted altcoins and came to a conclusion that LTC is an undervalued asset class. Do you guys think that it has a potential to regain it's place as silver of all crytos and being ranked in the top 5 on CMC??
No one knows if it would really be able to regain that spot in talks about LTC.Its true that we do really have that cycle but knowing that demand would be always be the main key then its really hard to make out presumptions for a certain coin to climb up the ranks without seeing that demand that i've been talking into which it is really that hard to make out those kind of predictions but well, there's always a chance but dont anticipate because it all matters on communities recognition on which project they would be mainly be supporting and which is not. |
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Stay calm, sip the beer and look out for investment opportunity, that’s all I learnt from last bear market and any of those that will come ahead. Currently I’m not even bothered because I know very well whether its bitcoin or altcoins they will follow the cyclic trend as they did since past many years. They drop, they recover, they create resistance and they grow to the next ATH. That’s what happening since many many years and current bear is no difference. Sometimes the reason is Simone, sometimes its war like stuff but its all same when it comes to recovering. So no worries, in fact look for more Investment.
If you do tend not to get that too impulsive or highly reactive on market conditions then its better to avoid on seeing it from time to time or checking it out because its one of the problem on why people do really make out immediate action whether panic sell or something in related on times like these which is really very that common.Better to wait up for recovery or something that do connects out on DCA system which you should accumulate coins while its still cheap.Yes, its not easy something to be considered but it would really be ideal. |
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It will never be a smart decision if you take loans so you can invest. Though investing is a wise decision, but knowing you borrowed money for that, that makes it very unhealthy for an investor. However, if you have other sources to pay your debt and that they always generate an income, borrowing money may be somehow reasonable. But for a beginner who makes crypto as his first investment, then he should save for its funds first before he decide to take the risk in investing.
I agree that taking a loan to invest in cryptocurrency is very risky and carries huge risks. It makes sense to take a loan for a business that is established and brings a stable profit, and a loan is needed to scale up and increase capacity, wich will close this loan. And investment in cryptocurrency can be either unprofitable or long-term, and you need to start repaying a loan after the first month. Carries huge risk if you do rely yourself on your crypto investment on repaying those loans or borrowed money but if not then go ahead and do such action.The only problem you do really need to solved on taking loan is to repay on the right time and we know on how risky crypto investment is which it would really be that right for you to be mindful on making out such action considering the risk level. If you could see that you could pay it up without any problems then its your choice but it would be good idea that you shouldnt do as much as you could. |
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Majority of gambling sites now doesnt really accept any investments but there are some which are still accepting like https://www.bustabit.com/bankroll/change-bankrollWhich no doubt that it do really make profits in long term but dont expect for it to be big but not really that a bad idea. For totally new casinos that do ask out for funding to build the site then this is where doubts and hesitance do starts. But there are casinos like Betfury, OWL, Chips, and some others, that have their own house token, holders get a piece of the profit on a daily basis, and some of them have even more features for their tokens! With this feature it's better to start earlier, you get to mine more tokens for less price! The ones who come later need to wager more to get the same amount of tokens... It's simple, new casinos must offer some great promotions if they wish to attract people! Look at Stake with a $100k price for a daily race, Wolf with $5k... competition in crypto gambling is already crazy, so new casinos must be competitive if they wish to draw our attention! And it's on us do we want to try that new casino with some awesome promotion or will we stick with the old ones! Competition is really very fierce when it comes to gambling industry on which we do really see different kind of promotions and perks which site could really make out for them to hook up players into the community. We arent that blind on not to see those different perks and things where it is really interesting to look at and its up to someones personal choice whether they do play or not basing into their interest. For some they do love to test out new sites and find out something interesting and if they cant find something then they would simply revert back. |
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Truth be told, hodling crypto currency is more about holding than anything else.
Those who have mastered the art of hodling have made the most money trading or investing in crypto currencies. The most basic skill one should have is HODLing.
Hodling is good but depends on what are your particular goals or target in mind whether you do love to see profits in a decade time or more and also not all people would really be having the same level of patience on waiting up for something because even on my part i cant really afford on waiting for several years just to harvest out the profits of my waiting which you could eventually able to do that with active or day trading. Well, its more risky but something cant really be ignored when you arent that fan on waiting game since not all would really be having the same mindset when it comes to this. |
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I most certainly absolutely did live through a bear market and it was pretty crazy. Ethereum was $1400, and then it went to $80, and several times failed to break $100 level.
I don't consider anything in the past year since ATH even half as bad as that. If you multiply the ETH ATH from then to now, this is equal to seeing ETH back at $240. We're nowhere near that yet.
Cant really be avoided that people would really be having that kind of impression on going back into those basic or traditional market price that we do have in the past even though its really that comparable but all the possibilities are there since we've seen crashes lots of times but instead on freaking out then it would be good if you do really mind off on readying up yourself on times like this where you do get in where everyones is on fear or hesitance on the bear market.Its hard to sustain if you do really make yourself that panic. |
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