Bitcoin Forum
May 09, 2024, 12:45:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 ... 458 »
461  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: December 14, 2023, 07:41:02 PM

Management and being humble is what they should be taught. Well, I don't want to speak about it because I know it's hard to teach kids and hopefully I'll be able to apply that to my kid.

That's because I've seen great, humble and hard working parents but then, their kids are not. It's easy to tip on what must be done but when someone goes into the actuality, everything changes.
I personally feel that until now, when the child's attitude depends on the attitude of the parents, although not all of them are like that, but in the end, parents are always a reflection of the child's behavior.
I realize this because I already have children and some of my bad traits are not much different from the attitudes that my children show including in economic matters.
It is necessary to realize that children will always imitate the behavior of their parents so that when we as parents who do have some bad traits including perhaps in this case wasteful then it is certain that children will also see the way what parents do.

I was quite wasteful and sometimes overzealous when making several online and offline purchases before and it has been imitated by my child's attitude so that indeed in this case I began to realize the mistakes I made because in the end the behavior we show to children will actually be imitated.
this isn't just about buying a few extra things online. Setting a plan for being responsible with money is what it's all about. The business of today is complicated and doesn't forgive mistakes. We need to be the good examples of money management that our kids need as parents. Teaching them the value of money, how important it is to save, and the idea of delayed satisfaction is just as important as spending less

We aren't just raising kids; we're also creating the adults of the future, who will have to deal with crypto, stocks, and the economy being unstable. They need to not only learn good habits, but also have an attitude that values knowing about money. We need to make a change, and not just for our own good. Not only should you shop less, but you should also have real talks about money, savings, investments, and the world's real economy
Parenting and doing on the things in front of our kids would really be giving out such impact to them on which it is really just that right that we should really be mindful on what are the thing we are doing in front of them on which it would really be just that right that we should really be that responsible and we should really be that mindful about on the things that we are dealing with. We would really be needing for us to guide them down despite on having tons of money or having that kind of having no problem thing about finances on which it would really be always still ideal that you would be raising up your kids on the way
that it should really be that something good or would really be beneficial for them.

It would be always best that we would be teaching them about being responsible and mindful about on spending their money because we do know that there are lots of people who had
messed out their lives when it comes to finances because of mishandling or misused of it on which it would really be just that normal that we should really be at least
teaching them even with those basic principle that us parents do really knows about it.
462  Bitcoin / Bitcoin Discussion / Re: Young student teaching his classmates about Bitcoin on: December 13, 2023, 07:45:36 PM
Bitcoin is now one of the most popular and well-loved coins around the world.
Ever since Bitcoin was created, different people have been researching Bitcoin in different ways.
Bitcoin is now accepted in almost all countries of the world. There are even many countries where Bitcoin is being taught in different ways, especially in El Salvador we have seen such cases.

-----
Likewise, the efforts of a nine-year-old boy living in the UK show that Bitcoin is for everyone and that Bitcoin education is for all ages.

Decentrasuje's son Henry, who lives in the United Kingdom, gave a lecture on Bitcoin to his classmates in an engaging and entertaining presentation where he discussed Bitcoin in detail with his classmates.
Asked why Henry is so curious about Bitcoin, his mother said "Henry is surrounded by Bitcoin. His dad and I talk about it all the time. There's always a Bitcoin podcast in the background and Henry often asks the question 'How does Bitcoin go up and down?'"Read:
I think this is how I will teach my child about Bitcoin.
I have a child that I want to raise from an early age to experience Bitcoin and cryptocurrency.Now that he is only 6 years old I think he has enough time to learn.

Adoption and recognition is really on the move and this is why awareness and exposure would really be that be seen specially now that we do have internet then a wide set of possible audience would really be able to see those crypto ads or articles or whatsoever. It would really be just that normal that people would really be finding out its origin on which it would really be falling into Bitcoin on which it would rally be just that normal that they would really be putting up some focus into that. It is really just that these kind of doings is  really that something commendable on which on their young minds they do really able to do
on what others cant be able to do.

Im not saying that adults cant be able to say or tell everyone about bitcoin, it is really just that they are really just that too lazy or really just that letting that recognition would normally grow
but well this is just so me on which i dont really care on introducing Bitcoin to someone since i do have that kind of bad treatment towards it on which on the time that i do make out some explanation
then some people do call me as a scammer and on that time then i didnt consider out on making those kind of sharing.
463  Economy / Speculation / Re: High transaction fees affects those who DCA on: December 13, 2023, 05:34:10 PM
Now, here we go again with this kind of situation which we do have that clogged up network
which do really sucks.

No Priority
32 sat/vB
$1.88

Low Priority
202 sat/vB
$11.89

Medium Priority
222 sat/vB
$13.06

High Priority
232 sat/vB
$13.65


https://mempool.space

You would really be definitely be hesitating on making up some active transactions from transferring coins from your wallet into exchange platforms
unless if you do have some funds into your exchange then it wont really be that an issue or problem but if there's none then you would really
be needing to deal up with the fees. I was actually waiting for it to be going down in <20sats/byte considering that it did really
go below <40sats/byte but here we come again into this situation which it do really sucks big time.
464  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 13, 2023, 04:18:14 PM
That's why gambling should only be played by people who can afford it. What I mean by being able is not financially capable, that's just one thing, but what I mean by capable and what I emphasize is about being mentally capable. because when gambling, we must be prepared to lose, remembering that gambling is an activity that carries a high enough risk that we could experience a loss. and if he is a businessman, he should understand more about risks, unless that person is quite careless.

And of course this is a warning and appeal for us to be more careful when gambling, and never assume that gambling can provide big profits and make us rich people. Because believe me, if you think like that, then when at the end of the game you lose, this activity will only be a bad thing that will lead to deep regret.

If the reason we gamble is to relieve stress, then don't ever change that, in the end it is gambling that makes us stressed, because we often lose.
Gambling is for everyone, it do really just turns out that he had made out such bad action on which it did really lead into that kind of situation on which he might be ending up on losing a money which he cant really be able to repay and this is why he had decided to kill himself just to get rid of that potential problem on which i could say that its never been worth on taking his own life. It is really just that a sad story on seeing someone who do really have that kind of struggle because of unwise decisions specially on spending up money with gambling. You would really be putting up yourself on great problem if you wont really be that mindful on the things
that you've been doing specially when it comes to finances. You should be wise and you should be responsible if you dont like to mess up.

Usually people would really be making realizations when its already too late and not on the time that they would really be doing it. This is why we should really be that careful on the money that we are spending.
You wont really be able to avoid problems if you do really make out such toleration specially on spending too much money with gambling. You should be careful and responsible
with the spending you are making.
465  Economy / Trading Discussion / Re: How much human supervision do you believe AI needs for crypto trading? on: December 13, 2023, 03:47:02 AM
[...]
And how long do you think it'll take to get to the point where AI doesn't need that supervision?
As a rule, AI no longer needs supervision even now. There was a very interesting experiment on this ... an AI was trained to shoot down airplanes under the guidance of a supervisor. After the training phase, the AI was asked what it would do first to improve. Its answer: "Kill the supervisor" Wink

To be honest, I also don't understand what AI is supposed to do in the trading sector:
  • Most of the data is very outdated
  • AI cannot predict the future ...
  • ...If it does, bots will exploit this so quickly that it will once again just be a question of who programs the fastest bot - as is already the case with arbitrage trading.
Bolded part!

This is the main reason on why i dont really believe that AI+human integration would really be that able to resolve out such thing or having that supervision would be completely be wiped out or would be AI integrated thing on which been said that there's no way that AI could predict the future.Hence, information that been given out are basing on the things that happened in the past which its been stored into its library
on which it would really be just that normal that they would really be giving out responses basing up into those informations that had been feed out. It cant really just that be able to do things
which is really that out of its touch or something that cant be possible.

AI's existence is really that revolutionary but we do know that there are things which it is really just that good for such area but cant realyl be able to touch up
other key areas on which it isnt something that relevant no matter how advanced it would be. It would be always basing up into its data feed.
466  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: December 12, 2023, 08:28:13 PM
One thing fact you need to accept is that investing in crypto carries a huge risk, Once you can accept the fact then the next step is to do a proper research to identify a good project, wether it's a new or old project, both old or new project carries some risky, so accept the risk and invest only the amount u can afford to lose.
its just that other things like market capitalisation matters in this case, whether the project is new if it got some big market capitalisation and volume then I think its good enough for investment since chance for it to vanish into thin air is slimmer.

You need to take that into consideration, though there are many other factors that you need to assess before jumping and ride with a newly promoted asset, as long as you deal with good research and you continue to analyze the possibility, there's always an opportunity to the risk that you take.

You just need to work by keeping yourself updated with the team and allow more information to be gathered while waiting for the coin to pump high.
In crypto space people will always say invest at your own risk and invest what you can afford, sometimes when experienced investors talk about their crypto experience it sounds risky tho, we all know both old and newly project doesn't guarantee profit 100% in this case what should investors do?
It's always said to make proper research before investing to be honest research doesn't give full assurance about the project, sometimes not all newly project are risky just like what investors say they just want the newbies not to experience challenges in their investment.
In my opinion not all newly project are risky but I will choose not to invest first, if you think the coin is doing well it's first to observe the coin before jumping to invest, as an investor investing in newly project always be curious to know the next move.
The good thing on dealing up with new projects is that you could really be able to get that possible multiple folds of your investment compared into those projects which are old and their marketcaps is really that on the roof on which you cant really be able to maximize out profitability if you are really that wanting to get those 10x to 100x. This is the sole reason on why people would really be wanting to join up with
these new projects just because of that kind of profit possibility. When it comes to being bad or not then it would really be always depending on the dev itself. This is why it would really be always best that you should really be doing your research first before making an investment.

You wont really be able to find yourself that progressive if you wont really be taking up such risks. This is why if you do really deal up with this crypto space then you should really be that
get prepared on whatever things that you would really be able to encounter and this is something that wont really be that so simple. You wont really be only needing that
fund management handling but also same goes into your emotion and risks management.
467  Economy / Economics / Re: What class of an investor are you? on: December 12, 2023, 01:36:24 PM
Even though I don't have much experience with Ponzi scheme investments, I have learned a lot from other people's experiences. So I can avoid it until now. And actually being a careful person doesn't always mean you can avoid risks. But we can minimize the risk.
Yes. To understand Ponzi schemes, we don't need to experience it because we can learn it from other people's experience. Although scammers will always have new ways to scam people but we can know the common indications (signs) of Ponzi schemes at least. So, we can be more careful and try to avoid investing in the projects that have the indications of Ponzi schemes. We actually can invest in a safe way if we choose reputable/trusted projects only. As far as I know, most Ponzi schemes come from the new projects.
It's indeed a wise and cautious strategy to understand Ponzi schemes by learning from others' experiences and be aware of common indications. Indeed, there are recurring signs that can serve as red flags for potential Ponzi schemes, and being informed about these indicators can help investors make more prudent decisions. Easy and big profit is one of the indicators to be cautious, because common sense says nothing is easy when it comes to big money.

The emphasis on avoiding investments in projects displaying signs of Ponzi schemes demonstrates a proactive protection of people's financial interests. Choosing reputable and trusted projects is a key aspect of responsible investing, and it aligns with the principle of mitigating risks. It's notable that many Ponzi schemes tend to emerge from new projects. New projects may lack the established track record and credibility that more established ones possess. This doesn't necessarily mean that all new projects are fraudulent, but it underscores the importance of thorough due diligence and careful consideration before investing in unfamiliar ventures. By staying informed and exercising caution, investors can significantly reduce the likelihood of falling victim to Ponzi schemes.
Awareness isnt enough in today's uncertain market. We must be financial detectives, investigating every aspect. High returns, low risk? Alarm bells should sound. Its about knowing the orchard, not simply avoiding poor apples. We must grasp market dynamics, economic fluctuations, and investment prospects. In the jungle, we must be the smartest predators, not prey.

New projects are risky, yet creativity drives development. We shouldnt avoid new ventures—they can be lucrative. But, and this is a major but, we must analyze and be skeptical. Its about separating fact from hype. We monitor our financial destiny, not just invest. We use due diligence, critical analysis, and skepticism. We can utilize it to prevent Ponzi schemes and locate rare, genuine possibilities to improve our financial portfolio.

Agree on what you have said on which you should really be that versatile and you should really know on what are the things that are needed to be done for you to be able to have a good grasps and awareness
on how this market moves and behaves. Yes, there would really be having different variations and types.In speakingon what kind of investor are you then it would really be that could be changed up
basing on the experience and knowledge that you are really that gaining or getting because there are ones who do really just simply stick on a certain type and  there are ones who are really that
trying out to make themselves to be that multi-knowledgeable on things. In overall, we do all share on the same target or goal which is to make profits in the end of the line.
Doesnt matter on what type of method you've been using and following on which as long you are really that finding yourself that effective then you would really be just simply be following
it.We do have our own ways and methods on how we do handle ourselves because surviving this market is never been that simple.
468  Economy / Gambling discussion / Re: Who should quit, and why? on: December 12, 2023, 11:32:34 AM
Hey house someone need a few clips here, don't know if a post of this exact nature has been discussed though.

In a situation where the both spouse are gamblers. Husband gambles, wife gambles, how can both of them manage the situation in terms of finance and the family affairs especially when children are now involve so that the time both spends on gambling doesn't affect family moments and affairs in general.

Would it help if  one of the couple quit for the other and if that's the case who should quit for who.
This is a problem that could really be just only be solved out by theirs on which if they are really that dealing with gambling and find out themselves that getting addicted already then they are really that putting their marriage on danger or simply they would really be messing up with their family relationship specially into their child. We do know that when it comes to gambling dealing then it would really be always pertaining
about money spending and with spending then we do know that it would really be ending up on making use of those funds which arent supposed to be used in gambling. You are really just that basically putting up
your own family in danger.The worst thing is that you both husband and wife do really make the same thing.

If it turns out that  you do both gamble but dont able to forget on the responsibilities that you do have in your family then it should be fine but it would be always best
that there should really be a quality time in between members because family wont really be something be called to be loving and caring if they are really that
doing something solo with their own or simply having no harmony.
469  Bitcoin / Bitcoin Discussion / Re: Risk only what you can afford to lose on: December 11, 2023, 09:48:24 PM
There is no guarantee on anything in this life, not even our lives are guaranteed, we can sleep and fail to wake up the next day, but I pray it will never be our potion.

This is why sometimes going extra miles to invest your money is not worth it, life do end when we don't expect it, and anything can also happen too, take risks when you can but don't go extra miles for anything.

To invest conveniently you need to start making good amount of money, this will make investment easier for you, still there is a risk of losing everything but it's better than not taking risks at all because no risk no reward.
Definitely agree into this point, taking up risks isnt really just only pertaining about money but also in other typical things like decision making or similar scenarios on which it is really just that involving those possibilities of those kind of outcomes basing up on the things that you had made out but since we are really talking about investment then it would really be that always a primary rule that we should really be just that investing on the money that we can afford to lose. Everything should really be in moderation and in control because we know that there would really be no guarantees when it comes to investment.
Make yourself prepared for the risks involved and if you arent that something that could be able to bare on then it would really be that your choice on what you should gonna do.
Its impossible that we cant really be able to assess things basing up on what we are really that seeing or experiencing.
470  Economy / Speculation / Re: High transaction fees affects those who DCA on: December 11, 2023, 08:58:01 PM
The current Bitcoin fees wouldn't have mattered to me because I am not selling, but the fees do matter because I DCA, and I don't want to leave my coins in the centralized exchange. This month, I have spent roughly $5 to $10 in transaction fees when I DCA every week. It may seem small, but in my country, it's enough to cover my feeding expenses for a month cumulatively.

I discussed this issue with my friend, and he suggested I use an exchange that utilizes the Lightning Network. According to him, this would help me get off with no fees any day. While I'm considering this alternative, another option is to wait for a month or two, then use the amount we kept for weekly DCA, hold it for a month or two, and lump sum. This way, i would incur just a one time fee. What are your thoughts on this? I feel like I may use the money kept for DCA for other expenses.
Well, the high fees are a concern for those who make frequent transactions, that's true. However, in your case, though I'm also not a fan of keeping a lot of funds at exchanges, I believe that's the only option you have for now. As suggested by others as well, maybe make withdrawals only after a month or so instead of doing it on a weekly basis to reduce the amount you will have to pay as fees, and who knows? The fees might become normal after some time.

One more option that you have is to use a P2P trading platform and keep your assets in a decentralized wallet, but to be honest, I don't consider decentralized wallets to be completely safe because they are vulnerable to exploits, hacks, malware, etc., since the wallet is connected to the internet all the time.
There's no such thing about 100% safe but if we do try out to compared on making use of a non-custodial wallet into a custodial one then we cant really be able to deny that nothing beats out if you do have that full control of your coins or assets into  your non custodial wallet on which you do really possess the keys and having that control unlike when you are really that storing those coins into an exchange.
Somewhat its true that dealing up with exchange does have also that kind of convenience on which it would really be just that most people do prefer because it is really that fast and convenient but
in exchange then it would really be compromising that kind of security.

Going back into the situation of high fees, then it would really be just that normal that people would really be finding alternatives just to avoid on paying up those huge fees.
They would be neither on halting up on making some transactions or they would really be that willing on spending up some fees just to make those transactions pushed through.
We do have share on the same struggle specially into those people who do have less money but for those rich out there then these moments wont really
be  that much of an issue.
471  Economy / Trading Discussion / Re: Trading is hard!!! on: December 11, 2023, 08:22:50 PM
It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
I agree with everything else you've said except for the "paying for knowledge" part because I don't think that a person needs to pay money to get knowledge about anything if they are just getting started because we live in a modern world and one doesn't need to pay only to get knowledge about a certain thing as everything is digitally available on the internet these days and one can learn and get through the initial stages without having to spend a penny.

If a person learns and gains enough knowledge and reaches a point where they might need tools and stuff that they can only get if they pay money, that's a different thing, but one doesn't need to pay someone or pay for a service that will provide them with knowledge about the craft they are about to get into.
Paying up for knowledge is never been worth or something that could really give out that kind of advantage on which we do consider out that informations that we could really be able to obtain or would be able to learn is something that we could really attain for free on which its never been that worth on making some payment or purchasing out those informations on which you could really actually get it for free.
There are really just people who are really that lazy enough for them to believe that it is really that better on having this kind of method on which they wont really be bothering out themselves
on learning or acquiring that kind of knowledge on just simply paying up for it and they do really do the rest.

Once you do step your foot into this market and would be able to realize on whats that real deal within this market then those initial thoughts and impressions that you would
really be able to take and experience will really be changing up the views and perceptions that you do have earlier in the market.
Trading is never been that simple but doesnt mean that it cant be learnt.It is really just that a matter of time and effort in any day.
472  Economy / Gambling discussion / Re: Casinos and gamblers are struggling with high tx fees.? on: December 07, 2023, 12:07:45 PM
I'm just wondering how crypto casinos are able to cope with this high Tx fees.. cus definitely, they'll have a decreased transaction rate.. anyways, I understand the fact that they've got so many ways to cover up whatsoever.. maybe digital sales? Etc.. that'd also equat atleast 11/3 of the usual influx.

do people still gamble with these high tx fees? Is the current congestion in the mempool a motivation to some set of gamblers? that they might likely get fortunate since alot of gamblers won't wanna evade the high fees??

Sandra 🧑‍🦰

To most casinos which have a high volume of gambling and bets it is not a problem to them to pay a some extra so their withdrawals still get processed in a relatively fast manner, that has been the approach of Stake, since the congestion started earlier this year.
On the other hand, I think people will still keep their normal where in spite of the increase of fees within the Bitcoin Network, they can either be more patient and wait more for their deposits to take place, or they may also use some altcoins to compensate their deposits which would be made in BTC otherwise.
Even though all this can be indeed a frustrating situation with the fees, it is only a relatively small obstacle for casinos and gamblers, specially the dedicated ones.
What sites you do know are the ones who do have that free withdrawal? So far basing up on my experience and awareness on which most of them are really that asking for withdrawal fees on which some are fixed
but most of them are really that dynamic on which it would really be that according or would really be that depending on the network condition. If it turns out that it would be asking something big then i dont
see that it would really be that ideal for them to make some free amount withdrawal on which it would really be causing up some expenses but we do know that it isnt really that something that too often
on which network condition isnt always like this but rather it do really happens when transactions had been spammed on the network.

On what been said that if you are that someone whose really that only have not a huge money to be spend on gambling then these current fees are really that too pain in the Ass.
For me, i have refrain on making up some transactions on trying to save up on the fees, not only on gambling means but also into those traditional transactions.
So i do just simply make use of other coins on which fees are cheap and fast confirming.
473  Economy / Economics / Re: What class of an investor are you? on: December 07, 2023, 02:05:49 AM
I agree that there are those types of investors who classify themselves as angel investors, venture capitalist,1 etc. But before they become all of these types of investors, from my own perspective, I have put them into some classes. It is not an exhaustive or an elaborative list but at least, you get the idea of where I am driving at.

Class of Investors to the best of my understanding

New Investor
These are friends and family members who are willing to contribute a small quantity of money to your company.

The Ponzi scheme Investor
One who invests in ponzi scams continuously is this. This is the person who thinks about get-rich-quick schemes.

The researcher investor
The researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest.

The Wealthy Trader
This one has had a number of profitable investments over the years. They are knowledgeable, experienced, show expertise.

What class of an investor are you?

A lot of these overlap or one might turn into another. Anyone who has been investing for a while will understand that things always start off slowly and can take a year or 3 before you really start seeing the fruit of your patience. A research driven investor who sticks with it and keeps adding funds over a long time, while learning along the way, will eventually become a wealthy trader. It seems rather silly to class it as just a "ponzi scheme" investor, but rather one who is always seeking out "get rich quick" type financial rewards, which more often than not lead to financial failures and setbacks - because scams come in so many forms. It doesn't even need to be a scam, there are so many overhyped companies out there which are coasting along on thin air but eventually come back to earth with a bang.
Or simply they do really connect into each other on which it is really just that right that one could turn into another basing up into someones plans and preference. Just like on what you have said that
research investor/trader would upgrade into that wealth trader which everything do comes from newbie trader. Therefore, it is really just that connected to each other, it would really be just that depending
on how you would really be that making yourself to cross out those status basing up into your experience. Some would be able to succeed and some wouldnt really be able to do so.

For me then it would really be that be on this order.

1. Newbie investor
2. Research investtor
3. Wealthy Trader (if succeeded)

Excluding that ponzi investor but there are people who do eventually trying out their luck when it comes to these investments on which it is really that somewhat
they do really gamble out their money for them to make money if they wouldnt really be scammed in the end.
474  Bitcoin / Bitcoin Discussion / Re: Are you feeling FOMO like I am? on: December 06, 2023, 09:51:41 PM

Bitcoin touched $44,000 dollar for a moment before sliding back a bit to $43,780 dollars (at the time to creating this post).

And this clearly shows that, we are gradually entering the bull season, bitcoin has being on a bullish trend for several weeks now, and seeing the price touch $44,000 dollars today gave me two feelings,

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now Grin, this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

I feel excited to see the price but I don't feel anything like to get FOMO on current situation since I always look for correction before accumulating. It's wrong for us to buy when bitcoin is pumping since there maybe a correction to happen and that maybe bad position for us if we buy at the top.

I already accumulate some when price at low so there's no need to rush on everything especially the current happening since I believe there's pull back gonna happen soon. Also to many things will happen so I keep monitoring to see a possible good position.

But if people really want to take some chance then maybe its better for them to trade in futures since from that they can possibly see some good result for taking long position for bitcoin.
For us people who do have that experience then we wont really be having that kind of excitement on seeing these current jump or surge in price or simply we have been get used to it but cant really be denied that
seeing this price once again do really give out that bit of excitement and positivity considering that we've been dealing up with bear market for a couple of years and now the price is really that heading back
on where it was before and now trying to reach out again that previous all time high. Feeling FOMO? Nope! This is really just that an ordinary day on crypto where price do pumps and then make out some
correction laterwards.

The best thing to do is you should really know on how to utilize these movements for you to be able to make profits on the time that you do make a good entry.
This thing what matter the most and also you should not really make yourself that being impulsive on buying specially on being scared on missing out because
once correction happens then this is where impulsive actions do happen.
475  Economy / Trading Discussion / Re: Do you believe Technical Analysis? on: December 06, 2023, 08:44:07 PM
I'd like to pose a new question here.
What are your thoughts on using past charts(candlesticks) that similar current ongoing charts(candlesticks) to make price predictions?

When asked this question to many professors and investors, a common response is, "Candlesticks reflect the psychology of investors."

There are no accurate predictions because everything can change at any time and using past charts in analyzing price predictions will provide a lot of insight, but we cannot rely on these conditions completely. People will probably make a combination of many technical things to predict prices and we will look at the history based on observations. Trading techniques and patterns can change according to the course of the coin we are trading and if at a certain time the strategy has to be changed then run another plen as a step.

That's why people say trading is difficult and not everyone is able to do it, but when you dare to take risks to practice your skills then I'm sure we will slowly get an idea of how to trade. Finally, we need to rely on our own instincts to decide on conclusions based on a combination of several other things that we can find.
Charting and technical analysis could never been that precise or something that do works most of the time and with that normal behavior and unpredictability of this market then its not really a shocking thing honestly.

There are really just that people who are really that skeptical about these TA results without even trying to look at on whats its relevance in regarding about trading. Yes, it cant be precise but doesnt mean that it would really be useless because sooner or later you would be able to find out that you would really be needing up these things just for you to have atleast on having some ideas on what you would really be gonna dealing with. You cant really just rely with news like forever because we know that events and happenings doesnt really come often or happen all the time.

This is why you would really be needing to have that skills and awareness on how to make use or able to plot some charts.
476  Economy / Gambling discussion / Re: How Do You Convince Someone On Something That Will Not Work on: December 06, 2023, 06:46:01 PM
While strolling in a park I bumped into an old friend with whom I had a conversation about online gambling we had a long conversation some three weeks ago, actually the original topic was about Bitcoin but for some reason I mentioned online gambling using Bitcoin, and that what opened about a lengthy conversation about online gambling using Cryptocurrency.

I didn't know that he signed up for one popular casino that I mentioned he started to play there and had huge success using one of the oldest but ineffective methods which is Martingale, I was just surprised that he had a successful run using a variation of martingale on Dice even mentioning of doubling or tripling his bankroll.
He is about to deposit a huge amount of money next week because the holiday is very near and he just wants to explore his so-called new-found method, which is not new to us.

We all know Martingale will not work in the long run, should I let him find out himself but that will incur a heavy loss in this case.  Cry
Or should I discourage him by showing him videos, articles, and testimonials?

Because of this, I will not talk about online gambling to newbie I could put a guy in big trouble.


Well, it did just turn out that your friend was lucky on making use of martingale on which we know that it cant really be that profitable in longer runs. It is really just that he had been get used to be lucky on the time that he made out some gambling on this particular moment on which it is really just that a right call that he made out such gambling session.So the question if you would really be telling him the truth?
It would really be just better that you should let him be on the things that he would really be tending to do because it would really just that make him realize on the time that he would be experiencing some losses.

We do know that there's no such thing about being holy grail when it comes to gambling on which there would really be coming into a point on which you would be thinking that it does exist
until that reality would really be slapping hard into your face and make you realize that this doesnt exist in the first place. People do really need to face up the reality so that they would really be
able to learn on what are the things that realistically happens and not living in world on which they do believe that it could sustain for long.
477  Economy / Speculation / Re: Bitcoin price guess, 2023 on: December 06, 2023, 11:56:11 AM
Looks like the majority of votes did not favor to the outcome because as of now we are above
40k already and there is still sign of prices increase more sooner so maybe the second high votes are gonna win if we
will not extending to 50k and above.

The market can reach more than 40k if the review of the current market increase which almost reached 39k, I am optimistic that 40k will be reached this week without correction to the level of 37k or below, the increase scheme will not be different from the previous one and the next market increase will easily reach 40k or even more high before the correction period, there is a lot of positive news in the next year that will support the bull run market and I remain optimistic that in Q1 it will reach ATH again.
I thought that last night Bitcoin could reach $45K because last night Bitcoin had passed $44K, although now it is back below that price. However, it is also not too far from $45K, so the potential price at the end of this year could exceed that figure due to the effect of good news that continues to exist at the end of this year. But for Q1 next year I still don't assume that the Bitcoin price will immediately reach its ATH again because we also shouldn't forget about the correction, even though it will only happen slightly.
chill mate , we still have plenty of time to wait , 45k is just waiting as there will be more
than that to come as expected to be above that level so yeah  45k is one step short for now but lets see tomorrow .
Really hard to make some DCA now or making some scalping specially to those who are really that making some short trades in between exchange platform and with their own non custodial wallet considering the
current fees now are really that indeed high and its not really that something worth for you to make those scalping unless if you do have huge number of coins or amounts then fees wont really be a problem.
For those who had been using up exchange platforms with their account balances then it wont really be that much of an issue though but since not all would really be that confident about
exchange platforms security and credibility then there are people who are really that actively making those kind of transfers.

As for Btc price guess then it would really be that totally random and no one really knows on when the prices would really be climbing up the ladder. The important thing on here is that
you should really know on when to get in and trying to maximize profitability as much as possible.
478  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 05, 2023, 09:32:15 PM
It will be stupidity for anyone to act aggressively in Bitcoin accumulation, without a solid emergenc funds or financial balance as you have said. I think that is actually building a house without a foundation, and you and I know that such building will not last. It is not just in Bitcoin investment alone but it's applicable to other forms of investment. I also understand that there are scineros where someone can decide to invest more in a particular month and chose to invest less in the next month. No matter what we choose to do we must make sure that our daily life is not affected so we don't have to tamper with our investments before maturity date.
It is also not wrong if they act aggressively in accumulating Bitcoin because every time there is a decline, investors or those out there will buy large amounts at moments like that. Like at $20k of course many of us may act aggressively at that time and wouldn't that be to make the best of the downturn. Yes, every action is always thought out from the start of every decision they make and it could be that they act aggressively not at the start of their investment but have already gone through several stages and they do it at a higher level.

Fund adjustments must be thought out as best as possible so that chaos does not occur when our economic situation experiences a downturn at some point. Therefore, they have certainly thought about planning and saving emergency funds or untouchable dead funds. And in my opinion, whether they act aggressively or not, the important thing is that they can Holding and that is the most important thing at this point.
Now that we are already on almost 45k, then how those people had been waiting for those price dips or corrections? They do just make themselves getting behind and now for sure there would really be some mix of regret on why they havent really been able to buy while its still cheap? This is where usually people do make out some purchase on the time that they get fomo'ed.
Somehow it is really just that so easy to say on buying the dip and hodl on which it would really be that not that simple if you are already on such situation.

Now on the time that we are already almost 45k.Then whats next? We might be assuming now that there might be some correction later on but we cant really deny
the fact that deep inside we are really that eyeing for the price to shoot up @50k on which it is really that something a common approach to have.
479  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you feel about market recovery on: December 05, 2023, 08:57:05 PM
I think everyone will be enthusiastic and very happy with the recovery of the crypto market, because everyone wants to make a profit from the investments they make, especially now that the market has been in a bearish condition for a very long time, of course all crypto users will be happy to face this situation.
This is indeed a very attractive bonus at the end of the year. Since this year the market was in an unstable state, and indeed at the end of the year there were forecasts for recovery, which is what happened. Of course, I would like more, but this result will satisfy many at the expected stage.
Fairly, I wasn't even expecting this much recovery this year and was thinking that the price would probably stay within $35k until the end of the year and the recovery would start after the new year starts, but we are almost around $40k right now, and there is still a lot of time left for the year to end, more than 25 days, and we might see more of it in these coming weeks if the market doesn't take a U-turn back towards the $35k-33k range as there can be a correction before it rallies towards $50k.

So, the recovery we've seen so far this year surely looks like a bonus as we should be expecting some recovery before the halving and the rest after it, and the halving event is to occur in April next year. That being said, it'll be interesting to see how the market reacts in the first three months of the new year, before the halving.
Yes, all of us didnt really expect this kind of movement specially into this month of December on which most of people here on this market is really just that expecting that we might be seeing around 37-39k
in the end of the year but just like on what we do know that Bitcoin does really move on unpredictable way and somewhat it doesnt really fail on surprising us and with the current movement of the market
as of this moment then it wont really be that too far if we might be ending up on having 50k in the end of the year. Well, it might really be that too optimistic but with the current movement and
positivity towards the market then it might really be that possible.

For those who had risks out on buying up into their positions then pretty sure that they are really making some quick profits now and its up to them whether they would be securing
those profits or would really be that basically be trying out to take those profits for short term or neither they would really be holding instead.
480  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: December 05, 2023, 07:57:15 PM
One thing is to give warning to people against taking loan to gamble and another is left for them to accept the warning or not. Imposing a ban doesn't make them not scramble for other means to attain loans to use for gambling. Many gamblers do this alot and it baffles me what gives then the guarantee that they are going to win and recover their losses to be able to repay the loan money when they couldn't get a win when they were using their own very money that was taken as a loan. It's stupid and silly yet people do it and am lost in the ideology behind that action for people who this.
Some of the people that use loans for gambling needs help. Most is them cannot control thier gambling activities because they are already addicted. They have no guarantee that using loans for gambling will turn out well but the problem is that they have lost control of themselves. Such people might need to take a break from gambling and return back after some rehabilitation processes.
They really need a help support and thorough rehabilitation to bring them back on track. It can be considerable and understandable should an individual take a loan to support an investment especially like bitcoin even though it's not advisable but taking loan for gambling is out of context and a pure exhibition of gambling addiction. The only break necessary for such gamblers is rehabilitation from specialists and support from family and friends to help them regain their self control and be able to always consider the consequences of any action they want to take before going ahead, because it seems gambling addicts careless about consequences that may arise from their actions.
Rehabilitation or something that do connects or talks about those kind of treatment or professional help wont really something necessary or i should say that this is really that only good for your last resort because
spending up with those prof fees would never be worth if the patient or that addict will really be not willing to quit up gambling for good on which basically means or shows that it would really be that pointless on making up such step or option. This is why it would really be always that recommended that it is really better that self acceptance and realizations because once you do able to make yourself
do able to mind those things then addiction could be easily quit up.

On the talks about taking or spending up some loan money for the sake of gambling? It is really just that suicide. As much as possible it would really be always recommended that you shouldn't really be taking
this step because paying up some loans does really have those long terms or months need to be paid but the fact that those monthly amort for repaying would be taking
months but spending those loan money is really just that almost instant. lol
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 ... 458 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!