I've come to terms with waiting a few years before I can see a possible recovery in order to sell, I'm not too worried despite the upsetting situation in the market and the economy in general. Having made that mistake in the past, where I abandoned Bitcoin in 2018, only for it to recover two years later, rendering it one of the largest mistakes I made involving cryptocurrencies, as it was an opportunity that could possibly result into thousands in profit.
Good profits always come to those who learn to be patient and stay positive mindset despite of the market condition that is very bearish. What we have at the moment is never new at all, as bitcoin has plummeted it’s price and is considered a lot of times, but look at the price now, it’s starting to recover and we all know that if the market turns green already, we will always see bitcoin skyrocketing and reaches its new ATH again. |
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Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.
I would say it’s possible but not most of the time because most of the new projects nowadays are only clone from bitcoin, or from old established altcoins, which do not guarantee if they can survive the market uncertainties or if they can sustain the demand of the crypto community. Although there are exceptions but it only happens if that project has high potentials to grow and of course not motivated with greed. |
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Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
And let the newbies know too that there is more risk in new projects than old projects since they mostly developed from greed and selfish desires of their very own developers. That is why a lot of new projects these days end up as scams and some suddenly lose their value because they were not able to meet the market demand. Although not all new projects have the same fate, but it’s always good to take caution first before you end with regrets since you have invested in the wrong projects. |
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A couple of days ago all I have seen are a lot of threads where people ask questions about the possibility of Bitcoin going down to $1 or coming to an end because they are panicked that Bitcoin may not experience another surge in price due to how the market downtrend a lot in just a few days ago. Are you wondering the reason behind this sudden surge in the price? It's because "CCP tanks protecting banks because the Bank of China (Henan branch) declared that people's savings in their branch are now investment products and can't be withdrawn."The world we are living in is far from perfect and issues like this where the institutions and FEDs take advantage of the people will always happen. This will make people realize the purpose of BTC and before that happen hold your bag when you can. Always remember, not your key not your coin. If the government create a stupid decision regardless if it’s unfair for the people or not, I guess that won’t matter anyway since they also have to set their plans and make them realized. This is why we should not be trusting the centralized government in the first place, otherwise we will be taken advantage with our money and possessions. If only people did realized the purpose of bitcoin and having it as our own bank, then this type of problem should have never happen. |
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What could be the state of Bitcoin in the future?
This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.
So I would like to know from you how reasonable this statement is?
Your brother must lack the information or he simply does not know what he's talking about. If you came to research, you will know that bitcoin has a lot in store for 2025. Aside from predicting that its price will be over $100k at that time, it will also gain more adoption from big countries. So if those things will be realized gradually, then what's the reason for bitcoin to be completely dead? The more years that comes, expect that the price of bitcoin will eventually grow and make a lot of progress. |
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You joined the forum earlier today and are already telling others what Bitcoin is.
You would benefit more from the forum, if you read and learn from the wealth of information available here. Feel free to ask questions when you get confused and previous discussions don't cover that topic or question.
True. If you keep on reading in the forum, and have your own research too, then you will definitely know the answer to your question. This has been discussed a lot of times and also gained the same answer. Bitcoin will always remain the leading cryptocurrency because there's no other coins that can surpass its high potentials. Until now, bitcoin is still the blood of the crypto market, and that the rest of the coins only submit and follow the path of bitcoin. |
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How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
There's no harm in trying unless you're ready to lose. If you think they will satisfy your personal interest, then do what you think is right. After all, your money, your own will to decide. But always know that new projects these days bring a lot of risks. If you can stay away from them, much better. But if you want to try and take the risk, then always take cautions on the coins you want to invest. Search for red flags that will help you determine if they good to invest or not. |
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Bitcoin is the best coin in crypto and as the years passed by there are a lot of coins (altcoins) that is more profitable in terms of investment on both short and long term process, in you're future sights and speculation of btc based on some good promising projects that is now scattering and has a posibility to move to next level in the near future, Can there will be a coin that can manage to surpass btc 10 years from now?
Altcoins have been trying to compete with bitcoin but we all know that most of them still end up being undervalued, and some of them did not even manage to recover after a bear market. So how can they replace bitcoin in the future? Well, ethereum is a potential altcoin but even with its high utility cases, it will never surpass the achievements in bitcoin. And maybe 10 years from now, bitcoin will still dominate the market. |
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Request For a No Collateral Loan from DarkStar
Required BTC Amount: 0.02 BTC
Estimated Loan Duration: 6 months max
BTC Address: bc1qn6gp907q7qprqd8llj62avh6u7jhpcj4mjkgwq
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Bitcoin from Saturday 18 june 2022 with bitcoin price at 17,749 kept rising and after moving up from $18k to $20k has been fluctuating around $20k+ and as at yesterday 17th of july price rose to $21k and today 18th july it is hanging above $22K. Is this another fake bull or bull trap by the market is it late to buy since the price has reached a resistance zone or is the risk still worth taking remember never buy highfor me i am seeing a fake bull what are you seeing image hosting Looking at the current price for bitcoin, its very obvious that those who bought bitcoin before are profiting already, only if they decide to sell. Well, there's no wrong in selling early as long as you never sell for a loss, and the hope that you'll buy back again once bitcoin turns cheaper again. However, i am not certain with the current price surge because anytime it could drop again and end up as a bull trap. So to avoid regrets, might as well let's continue to hold our bitcoin and only sell them if the market bull run has totally appear. |
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Through its new partnership, Hyosun America will enable Bitcoin purchases in over 175 ATMs across the United States. Hyosun America, the largest ATM manufacturer in the United States, has entered into a new partnership agreement with DigitalMint, Bitcoin's leading Proof-of-sale provider, to make Bitcoin available for purchase in more than 175 ATMs across the country. “We’re looking forward to working with Hyosung America to make cryptocurrency services easily and safely accessible to their 175,000 deployed ATMs in the United States and beyond,” said, Don Wyper, chief operating officer of DigitalMint. Continue Reading: https://mycryptoparadise.com/hyosun-america-to-enable-bitcoin-purchase-in-over-175-atms-in-america-through-its-new-partnership/ This will boost more on the existence of bitcoin. Aside from the popularity that bitcoin is going to gain, next to it is the expectation that there will be more people who will start patronizing and buying bitcoin, not only for investment alone, but also it can be hold too for future usage. I just hope that now that a lot of bitcoin atm machines have arise, hopefully there will also be a lot of big stores who will start accepting bitcoin as a payment method. |
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In general, it is not recommendable to adquire debt unless it is necessary.
I have seen some of those apps, specially I have seen Xiaomi's credit app called "Mi Credit", according what I have read it is popular in India (one's of Xiaomi's most important markets).
I am not familiarized with the interest of these apps and whether they are predatory or not, as a rule of thumb, credit is supposed to be a tool for emergency expenses but unfortunately I am aware that there are people in both developed and developing countries that put themselves in a position of increasing debt risking their credit scored and personal finances.
If possible, if you want to borrow money, go to your nearest friends or relatives first because they won't be putting high interest on your loan. As taking loans could bring risks, but in times right now, taking loans has already been a norm especially if you need rush money due to some unforeseen, emergency events. However, be more cautious enrolling in some loan apps online as they can be source of scams or whatsoever. Its better to go to established lending companies as they can be reliable than to try loan apps that are total strangers to you. |
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Blackjack still has a house edge, so we will still lose in the long run. https://edge.twinspires.com/casino-news/the-house-edge-in-blackjack-everything-you-need-to-know/Winning in blackjack is possible if we do card counting which is prohibited in most casinos. About the martingale strategy, if this is really working 100%, then everyone will be using it and will just abuse casinos, unfortunately it's not, it does only look attractive but if we apply this in real practice, we wil know that the law of average will happen and that house edge will beat us in the long run. |
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Next game is Ginebra vs Northport.
It's Sunday, I'm sure the Arena now is full with Ginebra supporters, it's a must win by Ginebra to stop the losing streak, so I guess they'll win this game. The current spread is -5.5, do you think they will cover that spread?
No mate, Ginebra will win but Northport will cover the +5.5 spread.  I'm biased because I choose the Northport to cover the spread. According to the standing - https://www.pba.ph/standings.. Ginebra is already in a 2 losing streak, a good team will always bounce back but I beleive Northport will fight and will give them a close fight. Anyway, good luck to the bettors. Well, good luck, looks like Northport would lose and will not cover the spread. Ginebra already up by 21 points, in case Northport will come back in the 4th quarter, it's unlikely they will cover the spread. Salary cap won't be an issue if the big companies in the PBA will work, they always get what they wanted and besides SMB and TNT are now rebuilding their respective team so they might consider trading for Matthew Wright for some bench players like they always do lol.
The problem is the salary cap is not followed, so it's not important, as long as the team can pay the salary, they will sign a player that would help their team. |
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Possibly, so what are they waiting for, they should make an official announcement already so people will start buying tickets for the probable biggest fight of the year. Crawford vs Spence, this is the fight that we have been waiting for, and I can't accept if it will not be realized this year.
Don't mind the ticket sales. That bout is expected to be sold out just even minutes or a few hours before the announcement. Here are the key reasons: a) the fight was been anticipated for long b) the fight was between two champions c) Spence is the King of PPV d) Crawford is currently at the top of the rankings That's why even there's no official announcement yet, it will be sold out no matter what. I agree with that, it's not a problem to sell this fight, the big problem is if these two will agree on the sharing of the revenue and purse. If one will demand a 50/50 share while the other boxer will not agree because he wants more, then this fight will just remain a speculation. |
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Next game is Ginebra vs Northport.
It's Sunday, I'm sure the Arena now is full with Ginebra supporters, it's a must win by Ginebra to stop the losing streak, so I guess they'll win this game. The current spread is -5.5, do you think they will cover that spread?
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Aside from that, Ioka also made some more experience after the 1st encounter they had which gave more advantage to Ioka and this time, Ioka is more confident and much smarter just like what we saw recently. If we look on Nietes and Ioka's recent record, the latter did more fights and all those fights has ended on his favor unlike Nietes who only managed to win 1 fight and 1 draw.
He lost on their first encounter so he made an adjustment, if only Nietes was younger, he could have won the fight. But as we all saw, it was pretty evident that he slowed down, he also lose a bit of power from his punchers that's why IoKa continues to get aggressive. He won via split decision, and Nietes took the belt on that win. https://boxrec.com/en/proboxer/215599Well, Ioka made his revenge and beat Nietes through a dominant performance, it was a clear win by Ioka and that will probably send Nietes to retirement. So, what are the rumors about these two fighters? Next fight for Ioka? |
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Agreed, Lebron encouraged the management to acquire those old superstars in exchange for there young talent and veteran support. He was over confident that he can carry the team even with these broken superstar players.
He's always confident that he can carry the team, he has had that mentality ever since and that's why he's manifesting that mindset into actions and we all saw that. He thought he really is a great player, his power to demand got bigger when the Lakers won a championship, but actually it was Davis who work hard for that game, without Davis, Lebron would not win a championship. The thing is, the Lakers management sees Lebron as the captain of the ship, so they just give him the freedom to make a decision and that even includes affecting the management decision on who to hire and who to fire. |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
The recovery of the market is far fetched for now. Bitcoin price still dwelling around $20k-$21k and if it stays that way, the bearish market will eventually continue. However, this is not a time to stay remained at your position and do nothing. While the crypto prices continue to crash, then it’s better to start doing DCA right now. The fact that we can’t predict the bottom of this season, then it’s best to always take advantage on the current low prices and buy more bitcoin and ethereum that will be our biggest assets in our portfolio. |
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The value of bitcoin dropped unexpectedly this year from $30,215 to $20,385 within a few days from June 9th to June 17th according to coinmarketcap,  A quick question for anyone here who purchased bitcoins say on June 9th just before the unexpected dip began? Do you regret your decisions and are you confident that bitcoins will bounce back? None if us gets to know if that is already the dip or not, so whether we regret it or not, I think we can’t do anything about it. What makes us profitable is that if we could start making a purchase when the price is very cheap, then that creates more advantage on us. After all, we don’t hold anything in crypto as it’s always mysterious as it is, but if we could make the best entry and buy the right coins at its cheapest prices possible, then that will bring huge profits for us in the future. |
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