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841  Economy / Trading Discussion / Re: Trading not for everyone! on: August 25, 2023, 05:44:19 PM
No one learns trading from mother’s womb. Trading is a skill that you need to acquire. You will master in trading as the time passes or when you gain more experience. On the other hand if you make losses then it doesn’t mean you are really bad in trading. Just you need to gain more knowledge and skills and you need to practice and gain experience. I know many gave up in trading when they encounter big losses. But you would love the taste of profit, once you try the loss.
And there is no trader who is immediately proficient without having knowledge, everything must start from 0. And I'm sure traders who are now an expert trader they also feel bitter at the beginning, or in other words they also learn from scratch and there is no way they started from number 50, or even from number 2.  And true experience will make them grow better.

Maybe those who can't understand quickly will take longer to become a profitable trader, but that doesn't mean they can't do it, it's just that the time they need is longer than people who can quickly understand everything needed in trading.
842  Economy / Economics / Re: Gold , Silver Or Crypto? on: August 25, 2023, 05:22:10 PM
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.

Every one had their own opinion in the way of holding their assets.Because they had earned this money and have a potential to make their asset based on their opinion.At the ancient time,the gold was preferred one by the people and later to hold lesser shares they used Silver.Now after the invention of crypto currency,most of the people ready to hold in crypto currency.The main reason for holding in crypto currency is the profit time period for crypto currency will be low as compared to gold and silver.

Exactly! it's absolutely just self preference and their belief of which one has more value not just today but n te future. For some, they belive that crypto will be gone in the future. Those are the once who invest in gold and silver instead. For other, bitcoin is the future, so they even use their savings just to accumulate cryptocurrency. Is there anything wrng with that? None.

The most important is both parties are trying to wants to make generatinal wealth by investing in an asset that they believe in.
Yes it is, we cannot necessarily say other people are wrong when they do not invest in what we invest in, and they also cannot say that what we do in investing in bitcoin is wrong, and indeed it is based on what we believe and what we understand.
I also see this also related to each other, I mean, people who initially invested in gold when they knew bitcoin they started investing in bitcoin (like me), and maybe bitcoin can be an opening for them to then they are also interested in investing in gold, not impossible right?
843  Bitcoin / Bitcoin Discussion / Re: A creative way to introduce BTC to newcomers on: August 25, 2023, 03:14:55 PM
It was a very good video and I enjoyed the presentation of the video and could easily digest some of the information given by the video maker.
The video is very cool but on the other hand, it just gives a statement that bitcoin is worth it by wrapping up the history of bitcoin from the beginning until it reached ATH along with some views on some of the parties that block and want bitcoin a little bit.

This might be one of the videos that can attract people to dive into bitcoin but on the other hand this should also be one of the references that we only see the positive side (which is in the video) so if you really want to provide this video to attract new people then we must also provide an understanding of the risks and consequences that must be faced because in the end to realise it from start to success requires a lot of time and processes that must be done.
844  Alternate cryptocurrencies / Altcoin Discussion / Re: Avoid Airdrop Scam on Trust Wallet via Links on: August 24, 2023, 04:30:53 PM

Beginners beware of Airdrops that will redirect you to their website through the provided link around the shiny coins you see on your wallet, where you will be required to fill in informations in other to claim the reward, follow the instructions as provided above and avoid their website as it leads to scam if any information is provided.

This has been one of the most common ways of getting access to one’s Wallet by phishing. All these airdrops and testnets like always requires you to connect your wallet to a particular site, some might have paid off in the past but most are definitely not worth the hassle. Do not connect your wallet to any website no matter how trust worthy they claim to be.

If at all you would like to engage in airdrops which you should know is no longer worth your time or risk anymore then I would suggest you use a different wallet entirely from your personal wallet where your coins are stored. If there is even a way to use a different device then kindly do that, because most of these sites instill malware like Clipboard Malware which would not only affect that particular wallet but also the entire wallets on that device
That's right, this is the most common way and also the easiest way for fraudsters to access our wallets. And I'm sure people who have been in this space for a long time are well aware of this style of fraud.
An airdrop hunter should always be careful when they are working on a task and are asked to connect their wallet through the link provided. Always use a new wallet to hunt airdrops, and to be honest I am also one of those people who occasionally follows airdrops and I also always use a new wallet or a wallet specifically for hunting airdrops.
845  Economy / Economics / Re: Gold , Silver Or Crypto? on: August 24, 2023, 04:06:22 PM
I don't have silver, but I do have gold for investments and jewelry. Gold is also a profitable investment with a level of risk that may be lower than bitcoin or other crypto investments. The gains from gold may be worth the risk although not as much as the gains from investing in cryptocurrencies. Gold investing is a good option for those who do not like the high risk involved in crypto investing, although the higher the risk, the higher the possible returns. I have both in my portfolio, it is good and profitable.

To most people I know, they tell me that gold is a great store of value to have.

Gold is a great store of value, but you'll never achieve the same gains over the long term than investing on Bitcoin itself. You see, crypto brings huge profits due to its extremely unpredictable nature. Some people trust Gold and Silver more than crypto simply because they've been around for ages. Crypto is relatively new to the world, so there's a long road ahead before it gains the confidence among everyday people. Ultimately, it's all about diversifying your investment in order to minimize as much risks as possible. As long as you do that, you'll be on a road towards non-stop financial success. Just my opinion Smiley
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.
846  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 24, 2023, 03:46:43 PM
Oh yes, we also have to distinguish between working hard to achieve something and forcing ourselves to achieve something. There are times when we have to think about that, because it is not uncommon for people to think they are working hard, when in fact, they are pushing themselves.

These are not easy to know in the moment and frequently it takes experience to better understand boundaries (or thresholds) that we might have, and if we might have gone too far in something that goes from being aggressive and/or assertive and into the lands of gambling.  .., and it can sometimes be o.k. to cross over into some places that we might not want to go, but we have to realize also whether we might still be able to achieve some of the same desires for risks or whatever, but just take a bit of a smaller position size for that particular part of what we might be trying to do.. for example, we might go over budget on something or we might even decide to be overly whimpy on something... but if we think about why we are doing it and what are the consequences, then at least we have potentially been able to get some of the benefits of modifying what we had thought that we were going to do, but to modify it in such a way that accounts how much of a position we using in order to take those actions.
In any case, experience is invaluable, and this is no exception when it comes to realizing the points I mentioned earlier. I didn't realize it right away either, but it has been a long process for me to be able to say things like this.
And if we talk about risk, or the consequences of what we do, then it is very clear that everything has that risk, whether it is a small risk or a big risk. and again it is experience that helps us determine whether the risk is worth taking or we should avoid it.

Yes, I agree with this, the knowledge we have is inseparable from the experiences we have. Or even experiences that make us wiser in determining something that we did not encounter before. Moreover, we are talking in a space where we are led to be able to continue to develop in seeing certain situations. The cryptocurrency space, especially bitcoin, is something that we cannot understand with a quick process, and I am sure outside of me many investors have grown along with their experience while in this space.

Sometimes in situations where we have to choose, the person with knowledge will be different from the person with experience. I mean, experienced people will see what they have experienced before, and I think that's a +.
847  Economy / Trading Discussion / Re: If you must follow or use the services of trading signals providers on: August 23, 2023, 06:21:00 PM
I absolutely would not suggest that at all. Everyone should learn to trade themselves, that would be much better for everyone without a doubt. In order to make it happen, you need to reach to a point where you could make as much profit as you possibly could.
Trading has both profits and losses. If you only focus on profits, your emotions will influence your judgment. You are not wrong about making profits, but you need to learn to lose too. If you think about profit even before you start, you will never get profit. Instead, you will be making losses. Learn the process first. In this learning process, you will make losses. That doesn't mean you should give up on it.

Learn the process and learn to lose. When you master it, you will be making more than what you have lost. It's a process and you have to trust it. Only then you can become a good trader.
In every trade, profit and loss are 2 things that will always go hand in hand and cannot be separated. I agree with you that what we are really preparing for is not getting profits, but we must be prepared to lose.
Also keep in mind that, we will not always be profitable and will definitely feel a loss, but on the contrary we will continue to lose without feeling a profit. Yes that will happen when we trade without knowledge, and even if we get a profit it is luck in my opinion if we trade without knowledge.

Ok now back to the topic, I would not advise someone to trade with signals, even if it's the only thing that can be done, I wonder what kind of situation can make someone in a situation of one choice only?
848  Economy / Economics / Re: Which problem will you choose to solve? on: August 23, 2023, 05:59:01 PM
what should be solved from the problem of rich people, they are capable enough in many ways, why should we help someone who is basically capable in financial terms. if it's poor people, even they only think about how to eat today or tomorrow, they don't think about how they will enjoy their life. I think it's more appropriate to help the poor first.
What you said is not wrong at all, but I was thinking about something like this. If we solve the problems of the rich first, will it be able to help the poor? Especially since they have the financial ability which is arguably one of the problems of the poor.
And if we help the poor first, it's not likely to help the rich much. Let's say we are in a situation that is closely related to financial problems here.

Now if in a situation like this then I would strongly consider that. I mean when they (the rich) when the problem is over can help for the poor, then I would do that first.
849  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: August 23, 2023, 05:17:59 PM
To be honest, I don't understand your title because when we refer to buy on the dip, it is possible that it is at the bottom but in your first sentence, don't wait until the bottom because you can still buy on the dip.

But in this case what I can say is that it's actually not a problem to buy on the dip if we are sure that the price we predict will be touched but this kind of condition will be a headache if you don't know how to determine the bottom price that you will use to buy, it can be one of the problems where we wait at the price we want but we don't understand the research that is done because it can be troublesome in the end.
I think it would be better for beginners to buy when they have the money to buy and the price of the decline that occurs regardless of how much it is currently still very worth buying without thinking about whether it will go back down or not because it will make you hesitate in the end and make you fail to buy because you keep waiting and waiting without knowing the moment where to enter.
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852  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Instead of Gold? on: August 22, 2023, 09:32:14 PM
your explanation does make sense too, because if we had both of course it would be even better, but what the op asked in my opinion is this, why do people prefer btc over gold? yes, personally, of course, I prefer BTC because investing in BTC can potentially get large profit, but if investing in both, namely BTC and gold, of course it's better because we can potentially get maximum benefits.
Great rewards only come to those who take significant risks, and Bitcoin carries greater risks than gold. However, it's important to note that one can easily stumble into high-risk investments. The primary purpose of diversifying assets into Bitcoin and gold is to mitigate risk, essentially preventing sudden financial downfall.

Bitcoin and gold come with distinct strengths and weaknesses, making a direct comparison between the two quite peculiar. It's like comparing the purchase of meat and fish. Both are valuable, and I find merit in both for certain allocations.

Diversification does not help us get the maximum profit, but only helps us to reduce risk, so depending on the risk tolerance of each person, there is the most suitable option. When we have $100k and invest $50k in bitcoin and $50k in gold, gold doesn't fluctuate too much, how can we get the maximum return if compared to the investment 100k dollars into bitcoin?

Because I don't have a lot of money, investing in gold for me is a barrier to increasing profits. So I will accept the risk when investing in bitcoin. Although the risk will be higher, but if successful, my profit will be maximum than investing in gold.
I agree in this case because indeed in this case regardless of what is said is verified or something like that everything depends on the interest and disverification is only a reason to want both but on the other hand it also returns to the wishes of each only if we are smart then indeed being in bitcoin compared to gold is a wise choice.
Talking about risk is just a classic reason because of course when we are in a choice then the risk will still exist and in bitcoin also clearly has risks that we have to go through.
It is not wrong to want to be disverification but in the end when our profits are not greater don't complain about it because the benefits also adjust to the level of investment we make.
853  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 22, 2023, 07:10:49 PM
[edited out]
Btw the division is quite good but I think we can still divide it equally such as with $300 in each purchase or DCA made or maybe make it $200 in one time it is also still possible.

I think that you are referring to my example of a $1,200 budget and placing them in 4 different price locations.

I think that I largely addressed this as a way that some kinds of buy order structures and plans are deficient and they may well cause panic because of their deficiencies, so merely dividing them into equal parts would not necessarily improve the deficiencies that I was trying to point out, but I agree with you that there are some benefits in terms of trying to stay somewhat consistent with amounts, once we might figure out other details, such as what are our increments, how much we have in our budget and how far down we want our buys to go in order to attempt to account for what we believe to be worse case scenarios (and perhaps even having enough of a budget to go beyond what we consider to be worse case scenarios).
Yep, it refers to the example you gave so that the discussion does not widen much, but in the end it also adjusts to the capital we have and I am aware of that, it's just that when there is already an example so that the discussion refers more to the DCA in question, I just give my views on the example you gave earlier.
The context may go back to consistency because if indeed we cannot be consistent with large amounts then at least it can be minimised in terms of the amount invested so that the DCA we do runs well.
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855  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 21, 2023, 02:15:39 PM
This condition can make someone a dilemma in buying bitcoin because they have tried at a certain price such as the example you mentioned at $25k but seeing a possible decline to maish far down sometimes we can have another assumption by being able to buy at a lower price such as $23k which makes the purchase order at $25k doubtful to do.
Things like this can make us actually lose both because there are still some possibilities to go up for example.
I often do stupid things like this because it is precisely with the greed that I have in my brain that I lose momentum and bitcoin has increased after the decline has occurred so for anticipation like this when I set to buy at a certain price for example for $25k when it has happened then I will stay at that number because we cannot determine with certainty the price that will be touched rather than I lose momentum to buy I prefer to buy at the destination I want to buy and re-plan for several other purchases at another time or day by looking back at the possibilities that will occur.

Those sound like the kinds of mistakes that you should be able to learn your way out of, and for sure I understand that they happen because they used to happen with me, and I think that part of the way out of those kinds of mistakes is to create plans that go beyond expectations, and sure you might have to readjust the plans after the BTC price might end up moving close to your limits, so then your expectations would end up changing.

Let's say that you had $1,200 that you had set up for BTC buys, and you set them up as follows:

$27,500 = $400

$26,000 = $400

$23,500 = $200

$22,000 = $200

Those seem to be fairly reasonable placements of orders, even though I probably would spread them out more evenly, and maybe every $500 in equal increments down to $20k or so, and sure that might only leave me with less than $50 per buy order, and even if you go every $1,000, you still run out of money quickly if you ONLY have $1,200 that is available for buying on dips.  Of course, you are going to have cashflow coming in too, so you might be able to add to your buying on dips, but if the dip ends up coming in faster than you expected, then surely, you could end up not having additional money to add to the dip buys.

Maybe you really did not expect any orders below $26k to get filled, so you were not even very serious about those below $26k orders - however, when you saw the BTC price dropping so fast, you started to think that it might be better to pull your $26k buy order because the BTC price drop had been happening in such a ways that seems much more severe than you thought could even be possible... so surely part of your problem may well be that you do not have enough in reserve and you have not structured your buy orders well, and sure you even admit that you may well be trying to be too greedy, which is a kind of sign of gambling and/or being overly invested.. you are likely investing beyond your budget and trying to be overly strategic about your buy orders in such a way that is not even healthy for your own psychology.

You are the ONLY one that can really fix it, and I would suggest that the most logical fix is to either spread out your buy orders more and/or to make them smaller and stop trying to catch the exact bottom because the exact bottom does not likely matter as much as you think it does, even if other people are engaged in those same practices and have those same kinds of gambling style mentalities.

Well this can be fixed with the experience we have because of course we also realise that it would be very stupid to keep doing the same thing and on the other hand mistakes like this are quite common and I think almost everyone has done the same thing at least one or several times especially when they are new to investing and buying bitcoin.

Btw the division is quite good but I think we can still divide it equally such as with $300 in each purchase or DCA made or maybe make it $200 in one time it is also still possible.

Because if it is too big to make a purchase, we are worried that our consistency will decrease and this is precisely what makes DCA not work well.
856  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 - Main sponsor of ?? ?? ?? on: August 20, 2023, 04:14:54 PM
I think we can all agree with the fact that City didn't look great at all last night even if they won the game. They lacked pace , speed , focus and Newcastle was actually close to get 1 point. I know it's just the start of the season but City is looking a bit tired after all these years of pushing 110% every season.
Yes they weren't their usual selves and it looked like they were missing something in this match. Winning doesn't mean they're playing well and it could just be that luck is still with them.

Quote
I also think that United is the worst team of the big 5 clubs of EPL and by the way they play  , I can already see another season without achieving any trophies or big international performance.  Smiley
Actually in terms of the game they are not so far behind Tottenham, but they still have difficulty in converting opportunities to make it a goal.
Honestly, it is difficult to predict Manchester United in every match.


I see improvement from the other team, Liverpool, they seem to have started to find their form again, it's just that they still need a little time to make them better again, and also they look a little late in the game.
I haven't seen Nunez play yet, in their last game he was only given a chance and came off the bench in the last 10 minutes.
857  Economy / Exchanges / Re: [Updated] FTX on: August 20, 2023, 03:54:05 PM
Latest news on August 14 - Sam Bankman-Fried [criminal] used $100 million in customer funds for political donations in order to pass laws.
The word "donations" is misused in my opinion. Politicians who were willing to accept that money and thus seek to change legislation to suit the case could be considered complicit. This is called "bribery" and has no other designation. But we have not heard that any of these members have been suspended or held accountable.
Even before the collapse of Ftx, Sam Bankman Fried was known to give money to some MPs and politicians without any legal reason for doing so. I find it strange that this is not punishable and is considered a "donation".
Yes I agree with you that it is a misuse of the word "donation" which then only benefits one party, and also I agree that the only word that can be said is bribery. How can it not be said to be bribery when clearly in this case it is trying to influence politically in order to launch the action.
Donations and bribery are two completely different things, and I think we can see what constitutes a donation and what constitutes bribery.
I understand that someone will do anything, including using a misused word, but here we can see the real purpose of it.
858  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 19, 2023, 08:07:14 PM
Bitcoin crash, don't panic, we are still expecting a buy dip, I will try to enter at the current lowest price.

It's not a problem when the price returns to bearish, it's an opportunity to accumulate more bitcoins at a discount with this we still have time and continue to buy at the lowest price. Take advantage of the situation that exists only for Bitcoin to be a good choice.

You are meant to have set your buy orders while you wait for the dip to go down. One can wait to buy at a lower price, and the market can just begin to recover again. Some weeks ago, I was just giving an example of someone who expected to buy Bitcoin at $25k, but after their desired price was reached, they still decided to readjust the order so they could buy at $23k. It could happen that the price does not drop to the new expected level.

Although I usually set my buy order before hand, recently I have had no buy order. Just yesterday I saw how the Bitcoin price was behaving, and I decided to set an order to buy at $25,500. Surprisingly, to me, it got executed. Even if the price goes a bit low, at least I took advantage of what I consider a price dip yesterday.
This condition can make someone a dilemma in buying bitcoin because they have tried at a certain price such as the example you mentioned at $25k but seeing a possible decline to maish far down sometimes we can have another assumption by being able to buy at a lower price such as $23k which makes the purchase order at $25k doubtful to do.
Things like this can make us actually lose both because there are still some possibilities to go up for example.
I often do stupid things like this because it is precisely with the greed that I have in my brain that I lose momentum and bitcoin has increased after the decline has occurred so for anticipation like this when I set to buy at a certain price for example for $25k when it has happened then I will stay at that number because we cannot determine with certainty the price that will be touched rather than I lose momentum to buy I prefer to buy at the destination I want to buy and re-plan for several other purchases at another time or day by looking back at the possibilities that will occur.
859  Economy / Games and rounds / Re: Bitcoin Predictor August by Bitcasino ✨ on: August 18, 2023, 06:50:06 PM
Prediction 2: 25,875,34 EUR
Username: Oners
860  Local / Ekonomi, Politik, dan Budaya / Re: PNS & ASN on: August 18, 2023, 06:00:20 PM
Sulit jika memang menginginkan hal seperti itu juga gan karena jika pada akhirnya ada aturan bahwa PNS atau ASN dicabut hak pilihnya maka secara tidak langsung ini akan membuat beberapa dari mereka melakukan peninjauan terhadap Pasal 510 Undang-Undang Pemilu yang justru akan menimbulkan konflik baru.
Ini ga ada hubungannya dengan Pasal 510 tsb gan yang isinya tentang kesengajaan seseorang membuat orang lain kehilangan hak pilih, kek misalnya ane bos di PT XYZ lalu tidak meliburkan dan tidak memberikan waktu karyawan nyoblos pada waktu Pemilu...

Kalau di Indo kan PNS, TNI & Polri diharuskan netral. Nah TNI & Polri udah ga bisa nyoblos, ini benar agar netral. Sayangnya PNS masih bisa nyoblos jadi kalo dibilang netral ya ga bisa 100%. Makanya disamakan saja agar kalau rezim ABC yang berkuasa lalu naekin gaji PNS, tidak ada pengaruhnya ke suara ABC.
hm ane ngerti, dalam kondisi ini ane jadi sepaham sekarang karena pada akhirnya jika melihat kondisi saat ini untuk ASN jadi seperti memiliki 2 muka karena pada akhirnya ketika mereka memakai seragam dan Atribut ASN maka mereka harus benar-benar netral tetapi ketika mereka melepaskan atribut mereka maka bisa saja ini berganti mnenjadi seperti yang om katakan karena mereka juga memiliki hak pilih yang sama seperti warga biasa dan ada beberapa kans besar untuk memihak suatu pihak yang pada akhirnya tidak ada kata "netral" lagi jika sudah terjun dan terlibat langsung dalam pemilu atau salah satu calon misalnya.
Ini bisa di minimalisir jika ASN mengerti dan tahu posisi mereka hanya saja itu juga sulit karena kembali lagi di kita dilema KKN masih sering terjadi dan pasti tidak sedikit "oknum ASN" yang memang memiliki tugas ganda ketika di satu sisi mereka netral dan di sisi lain mereka nakal.
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