All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.
It was a wild thinking, to say that Satosi had been captured. I think that is impossible, even if it is true the news that will talk about it will come exploding. Price volatility on the market is a natural thing, then indeed the drastic decline is already a schedule in the Bitcoin cycle which is called the bearish phase and we have experienced it from the previous cycles have also provided evidence that the drastic decline will always be present in the 4 year cycle Bitcoin, are you a person who can't read history? Regarding the purchasing strategy, why someone always suggested to use the DCA strategy, because with that we can take Bitcoin slowly and can also get the lowest price if it decreases, it is much better than just silent and save money to Shitcoin, who knows that day Tomorrow Bitcoin runs more dominant and you become a late person to enter the market. Why can you say that this year many are throwing Bitcoin or become a Bitcoin disposal site? If that's what you believe, isn't it better to implement a purchase strategy when many people throw their bitcoin? We can get more amounts because the price is cheap. |
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Of the 4 koi that OP described I thought it was better for me to invest in Ethereum, because it had been tested and became a Bitcoin follower as a top 2 cmc, the community and ecosystems would have the power to rise to rise in prices even higher or could get ATH Just again in the next Bullrun cycle.
Regarding Doge, even though he has popularity because of the existence of Elon and can be said because of the influencer, I am not interested in it, if seen from the probability, Elon will definitely give a pump to Dogecoin as usual, I might be interested in investing my money in Doge, and waiting Elon gives the signal.LOL
Regarding the other two projects I really do not know the two, and do not attract my attention and most likely what will happen to the development of the project, that is the reason I do not want to invest in both other projects that OP recommend to be considered.
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If viewed in terms of OP's view I also agree, that indeed there is an attachment to the mastery of exchange, to be honest if seen from human greed it seems so, they want to get a lot of income from the exchange, the excuse they do is none other than so that people are not Believe in Crypto with other intentions they also want to be a trusted flashlight that can be made as a reason why exchange is safe, who is not subject to their wishes, SEC will always attack and spread FUD.
But if seen from patriotism to protect the community and its economy from exchanges that are able to wash money, use of customer funds, and other things that can cause losses to their people, so SEC must be more protective.
I think if you see from there there is also a point in protecting the community and country.
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Username: khiholangkang
BTC SegWit Address: bc1q2ntgunrm33yhfx4ymalqnqeftt5m6c56hn5zef
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Username: khiholangkang
Rank: Sr. Member
Current number of posts: 3062
Bitcoin Address: bc1q0xrc8682twlaqgv58dru0pf5kge6q0zw3perkx
When can you start: Immediately
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It seems that all people who give opinions about whether the price determines a hardware wallet security, the answer is no, and I agree on it.
But if indeed about the price it changes with the number of requests from the market, of course, before the number of requests from the market, it will be tested first by the institution/someone who understands in the security of the device's wallet itself.
Previously, the prices of hardware wallets that were available today that have expensive prices, previously did not have prices like now. Basically it has been tested, making people believe and demand increase which makes prices also rise.
Even so I will be very careful with a cheap hardware wallet.
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Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.
Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
I don't think that the next bull run is in next year,I think you misunderstood things,the next year is the halving of Bitcoin somewhere in Q2 of 2024 and checking previous history all bull runs have happened almost 1.5 years after the halving passed,so in theory the next bull run should be somewhere in Q4 2025 if history is to repeat itself. It is stupid I think to hold the altcoins in the bull run especially if the altcoins have a great increase in value which would make a nice substantial decent profit that for some people depending on their location this may as well be a life changing event. That's true, next year is the Halving Schedule, which may usually from this Halving effect Bullrun will occur, but basically we do not know Bullrun will occur whether closer or not with Halving on Bitcoin. But that is about Bitcoin, which when Bitcoin Bullrun is usually Altcoin only runs sideways. And also we do not know whether Bullrun will occur in 2024/2025, but indeed if following the history of Q4 2025 is the answer. As far as I know today the market is divided into two seasons, the Bitcoin in season and the altcoin season, the Bitcoin is already bullrun usually Altcoin Season following the movement of Bitcoin, I mean if you have Altcoin when Bitcoin Bullrun is better for you to hold it temporarily, until Bullrun Altcoin seasons, And we must take the opportunity if Bullrun is almost finished to sell the altcoin that we have, before you lose value and return to the market bearish phase. |
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Money is not a deity, yet many people treat it as such. Humanity gravitates towards wherever money resides, and this has become commonplace among those with mature thinking. Everyone believes that a person's power is determined by the amount of money they possess, when in reality, money's function is nothing more than a mere medium of exchange.
In this modern era, countless individuals employ money as fuel to attain the highest echelons of power. They go to great lengths to occupy the highest seats and begin governing others with money. That is precisely why money is considered a valuable asset even today and has the ability to dictate the world.
Therefore money is used as the easiest tool in accelerating to the purpose of someone, with today's money humans can get what they want. And the average person considers the peak of wealth by having a lot of money is a privilege and therefore people are also motivated to get more money than what they need. Yes I agree with that opinion, we understand that money is an ordinary exchange tool, but high beliefs and beliefs and people's needs for money make you have a wrong money or the terms of happiness or reach the point of satisfaction in life. This is very great, the global elites indoctrinating everyone to the grassroots and states that this paper is valuable and can be exchanged, power, splendor and all the pleasures you can get by exchanging "paper". The desire of human never ends. When he have cycle he needs motorbike. When he had bought it, his mind think of car. This is a process and we're moving to fulfill those things. It requires money and for that reason we're into control of money.
Yes of course, most of the human desires are not limits and are never used up so they will definitely feel not enough with what has been achieved, and again the needs are also the case, every level of a person must have a different level of needs, and indeed I strongly agree that for Controlling money requires a lot of money. |
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Username: khiholangkang
BTC SegWit Address: bc1q0xrc8682twlaqgv58dru0pf5kge6q0zw3perkx
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Investing in crypto currencies can be a bit of a lot risky. Like look at last few days. As soon as SEC said something about crypto currencies and started to build a case against the exchanges, the price feel like almost 30% in few second. So yeah, it's risky, but it could also give you good returns, especially if you're thinking long term. Like you said, maybe suggesting your dad to put half of his retirement money on bitcoin is a good idea, but it must be for very long term and he should only risk his retirement money if he can afford to lose it!
And I think he decided to invest in Bitcoin for the long term, and it was the right decision rather than storing his money at the bank, and had to pay the cost of storage and pay inflation and or lost everything because the bank where he kept was bankrupt. What underlies you suggests that the pension money is divided in two, without knowing the situation seriously. I think it's better to share 40 % for various needs 30% emergency funds, because usually if you have enough old age, the body is usually more susceptible to health, and the rest can be used to invest in a long term. But I think if his father has more ability, it is better to open a business and the results can be tabung to invest in bitcoin. |
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I think now is the right time to buy more, currently the price is around $25800 and if we buy now then we can get big profit, remember that next year there will be a halving day which will make the price skyrocket in a short time. The key to success in investing in cryptocurrencies is to be patient.
The right time is when you have money that is not afraid of losing it, showing the low price level on a particular time frame is very interesting and thinks below will get a profit if the price is bouncing again, it is a simple logic that investors usually do, but they forget that the situation It will not be in accordance with his expectations, what makes you after buying may fall deeper and make you panic that encourages you to sell above the loss. The right time to buy is when you have money and have mental readiness, the rest is a common thing that you might want or not use it because actually Bitcoin will always increase in price.
This week looks like it will be a boring week for bitcoin, because until now the price of bitcoin has been stuck at $ 25k to $ 27k,
so most likely in the next few days or maybe next week Bitcoin will be very volatile,
and if you want to invest it's better to wait for the market reaction first first, whether pump or dump.
It will be boring if according to the market movement, or being a person who enters when the market is moving green, to cover it I think you have to use a DCA strategy not to be fixated on that boring price movement. |
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I believe we should everyone have some money set up for unanticipated expenses. I believe that you should strive to invest more than just save your money at some time.
Having emergency funds on hand is one thing; saving without a specific goal or plan is quite another. When you put extra money in the bank, it simply implies you don't know what to do with it (invest in), and this is where the rich and investors come in. They take your accumulated savings and go out and play with them in the hopes of making more...so they exploit your combined savings to make themselves richer because you don't know what to do with your money.
there is indeed a difference in mindset between ordinary people and rich people. Rich people prefer to make their money produce more for them. So their type of savings is not saving and left exposed to inflation. they don't do that. they prefer to save in an investment that has the potential to bring them more income without them having to work too hard. they make money work for them. different from ordinary people who work for money. In principle, it has a certain strategy pattern in managing money, people who work for money they have financial rotation on income and needs and for satisfaction in enjoying their lives, but different rich people who have a certain level to get money, they also save but their language is holding cash for emergency funds that are determined for a certain period of time, and then the rich have another income strategy from the management of money, SSay thinks the rich also work for money, but they have money that works for them too so that they have many sources of income that can be on The accumulation is stronger in financial fundamentals. The term rich person is not saving, but an emergency fund or cash fund to anticipate unexpected things in business or other things. But I am wrong with this discussion, saving and saving (buying things that are needed only) in English have the same language. |
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A few day ago blackrock happy was buy cheap many btc in the market. Now, you are regret to sold it to big company which will be resold back to you with high price in the next years.
Blackrock is not buying Bitcoin on exchange. They are buying OTC which doesn’t give impact on the price or else we are already on the 100K mark price if institutional investors is buying on the exchange. They are buying on a market price or discounted price in bulk order OTC. So they technically don’t purchased our Bitcoin but they acquire exchange reserves Bitcoin for a market price. The part when they will sold back to our liquidity correct unless they will find another institutional investors that willing to purchase their holdings. That's true, although I do not really understand the mechanism of this ETF is applied, but Blackrock does not buy Bitcoin spots into their bags to be traded. Even so, but the positive news brought Bitcoin to reflect the price, now really above $ 26+K. And I think that Bitcoin moves to continue to rise upwards, and form a strong price level again at $ 26K, but it looks like I doubt it will last a long time, because the binance case is still not finished, and that will be an indicator of movement at the price of Bitcoin. |
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In the generation that we have today, it is speaking that if you don't have money, for most you are a poor person in this world. But there are still many people who even if they don't have money, are still alive over time.
For example, the people who live in the provinces, those who don't have money are usually there but they have food that they get from the lands that they cultivate or farm. Live even if they don't have money. But they are poor people.
In terms of state data collection, poverty data is calculated from the level of income, which a person gets every day, which defines the lower, upper class economy. From there why many people who think if they do not have money is someone who is poor even though basically he has food for the needs every day. To be honest, in my opinion it depends on where you stand and see about poverty itself, if seen from the data and use the economic level in a social class, of course if you have income below the minimum level of the lowest income, then it can be said that the person is poor. But if you look at the pattern of daily life and they can live even without having money because they can meet their needs from their agricultural products or plantations, then if they are viewed subjectively he is a capable person. |
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to be honest, I've been using a method like this for a long time. selling not so popular altcoins, then buying ethereum. this method always works, and makes me make a sizable profit on ethereum. However, right now it's quite difficult for me to collect large amounts of ethereum because the price is already quite high. I used this method when the price of ethereum was still below $ 700. it's just that, I still do this method to collect ethereum little by little. however, I have also done this method on other popular altcoins.
I also think the price of eth is very high now. For a good profit you should have bought eth a few years ago when it cost less than 1k. Same situation with bitcoin. I don't think there's much profit to be made here anymore. Probably altcoins can give you such a chance, but the risks are also very big. Speaking the past will be on the same conclusion, why not buy that time. And if you think about the risk of all decisions must have risks including in bitcoin too, but yes we believe it in the alt greater risk, so it is important for us to use money that is reserve that when we lose it does not undermine your financial. Speaking of possibilities, in the past we also did not have the thought that ETH had an increase in prices many times right? ETH is great but using it is so expensive that it’s definitely a deterrent to the growth of their infrastructure. That’s why it’s surprising to me that coins like MATIC haven’t held up better. The idea of using ETH for things like metaverse transactions will never happen. Still though, I think ETH and staking will make it a popular coin for investment funds.
Insfrastructure in all ETH project ecosystems is indeed expensive, making me also very sorry to use it because it has a gas fee that is enough to suck my wallet, especially as an active user in the network. Matic may be a solution but not as famous as Eth in the fundamental and reputation point of it, so that many people buy ETH for alternative coin investment options other than BTC. Staking may be one of the advantages. ETH has an easy 15 x or more from here to the high of the next parabolic bull run. Bitcoin is King, no other coin will ever be as trusted, reliable & valuable as bitcoin but as time passes we are seeing diminishing returns, lower ROI. Because ETH is still so cheap it is more attractive to some newbies, for this reason we will see higher returns than bitcoin for a while. ETH is a great medium term hold.
For medium term options it might be better, but if you have long -term courage, I don't think it's bad, considering that ETH is considered a blue chip in the world of cryptocurrency, I myself do not doubt bitcoin as a king, but alternatives sometimes need to increase probability of roi at bullrun time . |
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Well, some of them actually listen and try to leave it but they can barely do that because just like this person whose brother saved him, they get too deep into it that they find it difficult to get out. Those who acknowledge that they are in a situation from where they must get out will take a helping hand coming towards them but those who don't think they are addicted would never accept it.
The ones who don't even accept that they are addicted can never be helped and that basically becomes the cause for them to ruin their lives and the lives of their loved ones too because they are not ready to leave their addiction but instead consider it not to be a problem.
Yes among those who are addicted there are those who really do not realize that they are addicted, however controlling it is quite difficult even though the family reminds him, no matter how hard they will not listen, but I think it returns to the character of the person himself, if the person is stubborn it will be very It's hard to make it aware. The situation is indeed worse, but I don't think it's can not to help, but it's hard to help because it has a narrow understanding. It might even be worse, those who realize it but cannot control their own drivers. I think it only happens to a narrow -minded gambler and wants money easily from gambling, in contrast to those of us who only make gambling places to play to look for pleasure alone without regard to winning or losing, so that they have awareness in forming financial management or have a limit in gambling . It's easier to avoid advice from your live ones when you see people making live changing money through gambling, telling them not to gamble is like telling them not to make it in life, so them won't listen anyway.
We shouldn't stop to advice them if they are friends or family because we don't expect them listen to us, you might never know, and if truly you care for them, keep the advice alive and if they are smart, they will understand in time that you are doing this because you care about them.
That might be a good concern step, but I think it will be useless if his addiction is severe he will be more deaf than deaf people, I think that can stop it when he can't make money and himself, and maybe you can help manage his finances, rehabilitation becomes A better advice to handle cases like this. |
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I think the we have gotten over the huge drop, it was from last year, the negative effect of FTX collapse doing some damage to the market when we bottom at $15,500. So right now, this is just a rebound from that. We even touch $31,000 around March-April if I'm not mistaken. And technically we are still in the bear market, so be ready to experience some drop or even a big one. Just like what we have seen after SEC filed a case against Binance, we thought that we will retest $23k again as $25k support has crumbled, and yet we are back to above $25k again.
So patience is the key here, or just continue to stack sats, just look for the long term perspective. For sure those who have seen the previous bear/bull cycle knows what to do and has a lot of mental toughness.
All possibilities can still happen at this time, and it seems that among us there are those who are waiting for the final decision in this binance case, and I think it will make an indicator of the next increase and decline if seen in terms of news sentiment, but in terms of previously we have almost come out of Bearish zone but then it is rejected and re-strengthened in the bearish zone which might be long enough if the fud-fud cannot be solved in the near future, technically we are currently in the bearish zone and need to reconcile prices back to try to support prices At $ 20K- $ 23K if bad news occurs. We just need to be patient today, and don't expect too much on the jumps that surprise, Halving's journey is still long, still the Hodl Bitcoin owned, even though I know there are some people who are doubtful. If you are a long-term holder you should know how many years you will hold the Bitcoin you bought. And you should also have a lot of patience if you do decide to hold Bitcoin. Because if you are not sure that you have long patience, you are not good for long-term investment in my opinion.
But he has been waiting for 6 years (Thomas), he should be patient and not waste the year that has passed just because he feels he is impatient because the thing he is expecting here will take a long time to happen.
Long -term is a solution, the best for the current situation, do not expect more on the price leap, the price increase works gradually and requires time to restore the situation. Faith is the key to all success, regret will come to those who do not want to be patient with the market conditions. |
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As a Bangladeshi I have a dream cherished inside my heart, but in reality it is not possible to realize my dream. My house is located near a popular bridge in Bangladesh and on both sides of the bridge there are parks and sightseeing spots for travelers. My father has organized a food hotel next to that sightseeing spot. I sometimes spend some time in that hotel between studies. I've been nursing a dream for as long as I've been on Bitcoin forums. If Bitcoin was legalized in Bangladesh, I would take a payment system through Bitcoin with a pizza restaurant.
But my dreams will remain dreams because Bitcoin will never be legalized by the government in my country.
That's just a matter of time, you should not be fooled by the current dilemma that makes your dreams in Palu and no longer developed. You only need to wait for the leader of your country who is open with technological innovation and financial system, I think at this time you only need to be patient waiting and increase knowledge in the world of blockchain and bitcoin so that you understand the advantages and disadvantages which you then develop to be better to use bitcoin in the region You. As it is in El Salvador, without having a leader who has an open it will be difficult to adopt the latest technology, which then only thinks that are classified as old -fashioned, in this case it also needs the courage to take risks that might have a significant impact on the financial order in your country if it is if Forcibly use Bitcoin as a means of payment. I don't really think that Bitcoin will be legalized any time soon.
Don't forget that government hates all crypto because they can't control and tax it.
Especially right now, when, because of the prices, people are getting out of Bitcoin, there are not that many people who will oppose the government if it wants to ban crypto.
But lets just hope most governments will just ignore crypto and let it be as it is.
If only the tax is the problem, I think the government can still try to get it with a variety of arrangements, but I think the toughest thing is the exchange rate that is an obstacle to its application, we know how volatility in Bitcoin, which has a cultural phase and today is the cost Transactions increase, so I think it needs to be reconsidered. |
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Alternatively, don't count profit or losses. And practise budgeting like any responsible adult  I agree, do not calculate profit or loss, if we keep doing the calculation will make us feel crazy because of the amount that we might not have expected before. But this applies to people who are looking for pleasure in gambling, they must have financial arrangements so that they are not excessive in gambling, it seems when we do not have a budget limit in gambling, if there is still a balance in our wallet, it feels like itching and ambition Always encouraging to continue the game, I think it's very immature and have a bad effect on finance if it can't control it. To be honest, I have been actively gambling for one year in one casino without having financial management, then I feel curious about the total number of my deposits, it turns out that the amount is quite crazy and I think it's enough to buy a car or home, yes this is really unnecessary There is a comparison, but if we have financial management, maybe I can still save to buy other needs, besides having fun in the casino. |
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