Bitcoin Forum
May 07, 2024, 05:12:02 PM *
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 ... 113 »
41  Bitcoin / Bitcoin Discussion / Re: A student investing in bitcoin? on: February 09, 2024, 02:39:15 PM
I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
This will be the best step for you because you already feel interested in investing in Bitcoin, even though you have known about cryptocurrency since 2019, you didn't jump in straight away because you didn't understand how it works
But now you are interested again in being able to experience investing in it.  Of course, you have studied and looked for more in-depth information about crypto and can understand all the risks.  You've got the basic knowledge, what are you waiting for?  Now is the perfect opportunity to get started
42  Economy / Gambling discussion / Re: Blue card to be introduced in football. on: February 09, 2024, 09:33:36 AM
The introduction of the blue card in the card system in football is quite a new experience for player since they will have to adjust from playing aggressively to playing with caution. 10 minutes of a player down in a team can cause a huge drop in performance and may lead to loss in the game. However, with my own observation, pressing teams will be more of an advantage based on the effect of the blue card. They will have more chances to press the opposite teams leading to more of an offensive playing from the other teams which will give them more blue card. Imagine having two or three of your players out for 10 minutes. Like it will be so crazy because by then they must have scored you guys before the 10 elapsed.

If this rule is implemented, it will certainly create pros and cons in the game of football, as you said 10 minutes is very valuable in a match, opposing players will take advantage of this situation to continue attacking.  There will be a big loss for the team that gets the ban, the style of play will change to be extra defensive against attacks from the opponent.  If this is approved in international football, it will certainly change the rules of world football and cause more harm than good
43  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: February 09, 2024, 03:22:07 AM
Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

Rich gamblers have enough capital to be able to last longer while in the game, but it all depends on their individual character, if they gamble just for fun of course they will not expect to get back the money they have spent  when experiencing consecutive defeats and can limit them because the goal is to seek pleasure

In contrast to the poor gambler, if he gambles to get income to change his life, he will never get it because he gambles with ambition and will continue to chase big wins, This will result in continuing to do it and feeling addicted which will have an even worse impact on him.

Luck in gambling will come automatically depending on the purpose of gambling and the characteristics of the person playing it
44  Economy / Economics / Re: Coping with Risk. on: February 09, 2024, 02:33:35 AM
All efforts that we will undertake in business clearly all have risks, even though there are differences in the risks that will be faced, at least establish yourself first because there will be obstacles or obstacles that we must be able to overcome.  The point is, don't give up easily when you experience failure in any business, because from there we can further perfect or correct it again in order to achieve success
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum will still be my choice this year. on: February 08, 2024, 04:49:29 PM
Ethereum is a good choice to keep on holding and accumulating when possible. I don't think a lot of investors would be making good profit unless they have be holding it from 2011 or they have invested in it before 2021. If not then there are other coins like Ethereum that are showing positive sign in the market. Like you said BNB which is backed by the biggest exchange in the world. Recently Solana started doing good and it is still a cheap if compared to Ethereum and BNB in price and the team is doing great with its development and marketing. I would be focusing on these three crypto before the bull run as they have the potential to explode.

Everyone agrees that investing in Ethereum is one of the best choices. Ethereum does not fluctuate like other altcoins. But some people or maybe many people want big profits in buying crypto assets. That's why some investors are looking for new altcoins such as Celestia, Dymension and Manta which were popular on Twitter. But I don't like high risks therefore I agree with you that BNB and Solana are the best other options for now.
When compared with other Altcoins, Ethereum will always be superior as one of the Altcoins most preferred by investors. Its risk is not that high, making it a recommended alternative, long-term investment choice after Bitcoin.  Ethereum has many advantages so that its position cannot be replaced by other types of Altcoins
46  Alternate cryptocurrencies / Altcoin Discussion / Re: Has Airdrop season begun? on: February 08, 2024, 02:22:41 PM
I think because market conditions have improved there are so many projects being released this month, because they see the market is quite friendly, and also actually there are so many projects that have been under development from several years ago and this year they decided to list, so I think that's the cause There are several large projects listing this year.
Truly I agreed that because the positive future outlook of crypto market that prompt the massive spring out of airdrops I wouldn't be surprise that we would continue to see new airdrops through out this year on my twitter handle there are so many airdrop promotions ranging from different Blockchain the question now is which of these airdrops would be profitable in the long run? It's a question that has no answer, however an airdrop hunter who has enough time can continue to participate in many of the airdrops possibly one of them would be very successful in no distant future especially in the wake of upcoming halving of Bitcoin.
From year to year, most of the newly launched projects holding Airdrop promotions only last for a short time, but there are also those that can provide benefits, both to the participants and to all parties involved, but it all depends on the right situation.  As we know, six years ago, many new projects were launched, held Airdrop promotions and were able to provide profits.  This is due to the positive market situation, there is a possibility of it happening again this year if the situation and momentum are right
47  Economy / Economics / Re: Quitting Smoking Has Two Big Benefits. on: February 08, 2024, 11:08:39 AM
As an active smoker, I really understand the dangers posed by the nicotine contained in cigarettes, apart from damaging your health, cigarettes can also empty your pockets. I have repeatedly tried to quit smoking, but always failed. Every time I'm working in front of a laptop, my mind feels like it's frozen and it's hard to get inspiration, without a cigarette my mood can't work together.
Even though I haven't been able to completely stop smoking anymore, I am getting used to reducing my dependence on cigarettes. Usually I could consume two packs every day, but now it has started to decrease to one pack. Luckily you have been able to avoid smoking addiction, try not to be tempted anymore, you will get many benefits from quitting smoking.
Same with me, life without cigarettes is like life without color. Because I'm addicted, every day I definitely finish one pack. If you think about it, the money that was burned could create business capital. the number of cigarettes since starting work is because people are addicted to cigarettes and carry on the same thing until now. very difficult to avoid

It is difficult for active smokers to get rid of the smoking habit, even though they are aware of the negative impacts of smoking, this does not make them afraid, because for them smoking is a pleasure in itself when inhaling and exhaling the smoke.  Some of them assume that smoking can reduce stress and create inspiration, this is of course justified for cigarette addicts.  Efforts to stop smoking certainly cannot be done suddenly, at least they can reduce it and have their own stages depending on themselves
48  Bitcoin / Bitcoin Discussion / Re: Could bitcoin become extinct? on: February 07, 2024, 04:04:27 AM
What are the chances of bitcoin going extinct?

The reason is simple and makes sense

If no generation continues this technological sophistication, it is very likely that Bitcoin will become extinct and cannot be used by everyone. Apart from that, if someone says that Bitcoin will become extinct, of course when the person holding Bitcoin itself has ended his life, in other words he  had died and did not pass it on to anyone he trusted
49  Bitcoin / Bitcoin Discussion / Re: Please stop asking for "legal tender status" on: February 07, 2024, 03:13:57 AM
Even though several countries have been able to legalize Bitcoin as a means of payment, they do not force every person or resident to use it, this is done so that the existing local currency does not lose its value or divert the use of Bitcoin.  More precisely, if several governments can legalize Bitcoin as a means of payment, of course this is intended as an alternative that can make things easier for all people who don't have cash, such as making it easier for foreigners who come to that country
50  Economy / Gambling discussion / Re: What is your state on mind if your son stole your money to gamble? on: February 07, 2024, 02:52:31 AM
It depends on his age and what type of a son he is, some child need scolding while some needs to be sat down and talk to, so it depends on which type of a father you are, as every parents have different ways of handling their children.

It depends on some other facts as well like where are you, how is your society, and many more. Gambling is a common thing in some societies where almost every adult gamble and they do not forbid their grown-up children to gamble. If you talk about my society, he did two offenses at the same time. Stealing is bad regardless of where are you from. But, some parents tolerate it when their kids gamble.

If you talk about my society, gambling, and stealing, both are forbidden and punishable offenses. Gambling is not allowed at all. Let's say I didn't tell my son anything about gambling, but if he gets caught gambling, he will be punished I won't be able to help him. so, it is my responsbility to guide him no matter how.

The main action we need to take if we find behavior like this is to reprimand it and give punishment as parents should educate their children in their own way, if left alone and there is no action at all, incidents like this will continue to happen again.  Even though some people think that gambling is not a negative thing, if you find a child's behavior like this, it shows that his behavior shows two negative behaviors, namely stealing and gambling.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to be cautious: Everyone is not market expert on: February 06, 2024, 06:40:29 PM
I to have witnessed a sudden increase in post on social media talking about random cryptocurrency. I have seen a lot of them are related to memecoins or AI coins. Some are shill post to promote coins that have failed previously. It is important that we need to be more careful than we were before after AIs have come into existence. Scammers are using them to scam innocent people.

This is why we should be very careful with the hype of any token from the social media. This has made me fall victim of a token when I just started the crypto journey. This days most of this influencer doesn't care about their reputation, what matter most to them is the money they will receive from this scammed project. Although some may not see the project as a scam one when they promote them. It's always better to do adequate research on your own before investing so you want get anybody to blame if the project turn out to be scam.
Of course, everyone can use all kinds of methods just to get money or payment, no matter if the project they are going to launch does not have a definite goal for the future.  Lately, there have been many fake projects that take advantage of someone's famous to attract the attention of many people. This is of course only aimed at benefiting both parties, between the project manager and influential people who spread lies just for the agreed payment.
52  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid getting rugpulled on: February 06, 2024, 04:06:52 PM

One of the ways we can always avoid rugged pull is to always amkw research when we are investing on altcoins.
There are some projects that are meant to be in the market for few months and nothing more. Most time, this project can make user to lose there funds if they are not quick enough to sell there holdings and move to the next crypto project.
The risk can be large but a successful project can make us become million.

The importance of conducting research on a project is very necessary, quite a lot of new projects cannot last long, the trend of increasing the price of the token that was launched only booms instantly.  Deciding to take the right steps before losing a lot of money, of course we have to do it by taking advantage of the situation if we try our luck to invest in new Altcoins that don't necessarily have good potential in the future.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that are good for long hodling in this season. on: February 02, 2024, 04:01:49 AM
I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.

ETH and BNB are indeed suitable as long-term investments, but there are still several potential Altcoins that are suitable as references or considerations that we should try to apply.  Such as Solana, Matic, Cardano are other potential coins, this type of coin will continue to compete with other Altcoins, of the three I think in the future there will be new innovations that can encourage it to increase its popularity.
54  Economy / Economics / Re: Idea and money are very important to investment. on: February 02, 2024, 03:23:15 AM
He has money but no ideas, after hearing your explanation while on the flight he found an idea to invest his money. Ideas and money are like sand and cement in building a building foundation, apart from these two raw materials you need knowledge or iron to make a solid foundation. Idea obtained from several orientations that you provide cannot be immediately developed if he does not have the knowledge, he needs a recipe so that the investment runs perfectly.

People who have a lot of money do not necessarily have a lot of knowledge.  In fact, there is a businessman who focuses on one area to earn a lot of money, for example, he is in the culinary business, the education he received is not very high but he has experience or self-study and has a strong determination

Therefore, knowledge is very necessary to be able to jump in and invest in crypto.  If you get advice from other people regarding crypto investment, of course you need to learn first, because the amount of money you earn cannot guarantee that you will achieve success in other fields without the knowledge you have cultivated first.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: THE VERY TRAGIC MOMENT IN FUTURES TRADE HAPPEN AGAIN. on: February 01, 2024, 08:40:03 PM
Lots of frustration on social media, especially from new and aggressive traders. The recent events are causing significant losses. Our advice: before diving into trading, arm yourself with knowledge and skills. It's the real deal, and it can impact your life. Trading isn't a game; it comes with costs. Be prepared. 📉💡


Crypto trading can certainly have a bad impact on anyone who doesn't have the patience, knowledge and skills.  Many people suggest that before deciding to start crypto trading, they should invest a small amount of money first and choose a type of coin that is already popular.  This is done so that they get used to it first and can read market price movements.
Of course, the feeling of frustration due to losing a lot of money in trading is not only felt by novice traders, this is of course due to being too hasty in making decisions and not having extra patience in trading.

It is true that trading might be more risky than simply investing.

I believe you need to be really interested and ready to learn because it is only that way that you can truly appreciate what trading is. Trading is hard and most of the time you might even feel like you do not know what you are looking at and you feel incredibly lost. I personally tried learning about trading but I knew that the most important thing was lacking and that was interest.

Trading is complicated and often requires critical thinking skills. If you are not 100% into trading, you might not be able to see successful results. No one can accurately predict the market but a trader can still make educated guess based on historical patterns. Along interest, you would also need patience. It might take you a while to learn about trading or see any progress in trading but you have to fight through it.

Most importantly, you should be level-headed at all times. Never let your emotions run your decisions because nothing good will come out of it.

Yes, self-control should also be applied in order to minimize the risk of loss. This of course applies to a trader so that he does not make decisions with the wrong steps because he feels frustrated at not being able to control his emotions when he sees price movements that are always decreasing.  This is where we must be able to apply patience, skill and also self-control in trading in order to further minimize the risk of loss
56  Bitcoin / Bitcoin Discussion / Re: My first Bitcoin on: February 01, 2024, 01:59:16 PM
An electrum Bitcoin wallet is the best to safe your Bitcoin, and I suggest you make sure to use it because it's more safer than the binance exchange wallet that you are keeping your coins.
Moreover I am happy for you as you have bought a decent amount of Bitcoin, this is the perfect time for you to buy and accumulate Bitcoin because after this little time, bitcoin will go higher in price and the price of Bitcoin is what's making some people to not invest, but as you have started buying just make sure to keep holding it.
$110 per month will be a good amount to accumulated on Bitcoin but it will be good if you keep on buying every month.

As long as he consistently buys Bitcoin for long-term investment, the amount of $110 per month will make him smile in the future.  Even though the risks are very high, if you have patience and perseverance investing in Bitcoin can certainly provide satisfying results
57  Bitcoin / Bitcoin Discussion / Re: Bitcoin an opportunity like land on: January 31, 2024, 08:38:47 AM
Both almost have similarities that can bring profits in the future, the difference is that Bitcoin can be purchased periodically or can be paid in installments in any amount, whereas to buy a plot of land, everyone cannot sell it for a small area or size.  Apart from that, everyone can have Bitcoin and to own a large plot of land you have to have a lot of money first and of course not everyone can do that.

With land it's not that simple, it can't go up in price as fast as Bitcoin, it can't generate passive income, so it's hard for me to compare it to Bitcoin. It seems to me that it would be better to try to compare Bitcoin with real estate in a good area, which will always rise in price, it will always be in demand, and it can also be rented out and receive additional profit. And it will not lose 90% of its value in a bear market, which is a very important factor for conservative investors when we are talking about very big money, the main issue is the safety of capital.
That's right, to be able to get a profit from the investment we make in land certainly takes a long time and is very different from Bitcoin, where the price changes and we can get profits quickly if we analyze it correctly and we can also lose if we make mistakes when investing in Bitcoin.
In my opinion, the price of real assets in densely populated areas is very high and also only some of the buildings are simple and most of the luxury buildings are built in good areas, because only those who have enough wealth can buy them and for some people who don't have much wealth of course they won't be able to afford it.

Yes, it does take a long time to gain profits from investing in a piece of land, even in different locations the prices are different.  But what differentiates investing in Bitcoin and Land is of course the risk.  As we know, Bitcoin has a high risk but it is commensurate with the results that will be obtained later, while land, although the profits obtained take a long time, has no risk. However, you must be careful at the start of the purchase by carefully checking the legality of ownership of the certificate
58  Economy / Economics / Re: Save while young better than wait on: January 31, 2024, 07:55:41 AM

Look, you can be old and rich or young an poor, but being old and poor is bad shit.

A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.

All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same  to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.

I fully agree with you, the earlier we start saving the higher will be our portfolio in the end. Both saving and investing is linked to time, the longer the period of time the return is going to be. Another important concept is to reinvest any interest, dividends or other profits we make in the meantime. This will help a lot to let our initial principal grow much faster over time. It's always nice to spend money and treat ourselves, but we need to realize that many times it's just unnecessary consumption of things we don't really need. Thinking in term of opportunity costs, which would be saving or  investing that money in crypto currencies, helped me a lot to cut back on my spending. So, better to be older and rich than young and having many things.

It's good if we can balance an ordinary or simple lifestyle, but when there is an urgent need to have spare money to spend.  In other words, living life as usual, being able to enjoy it and not being too wasteful and even requiring you to always be able to set aside money for savings.  Saving from an early age is recommended, but don't let us be burdened by holding ourselves back by limiting everything
59  Alternate cryptocurrencies / Altcoin Discussion / Re: Between new tokens and old tokens, which would you invest into? on: January 31, 2024, 06:47:08 AM
...I'm trying to see where the attention of investors go when selecting tokens to invest into for the altcoin season.

It depends on which strategy the trader follows. And if he is prone to risk by nature, then he will invest in new coins that will bring either great profits or he will completely lose his money. For those who are more balanced, preference will be given to old coins, which may not bring a big profit, but will be safer to invest.

Investing in new tokens can indeed provide extraordinary profits but the risks are worth it, just like trying your luck with it.  Likewise, with old tokens, it is possible that when bullishness occurs there will be a price increase following the ongoing trend, especially on the types of coins that are already popular and have survived until now.
60  Bitcoin / Bitcoin Discussion / Re: Bitcoin an opportunity like land on: January 30, 2024, 09:23:17 AM
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.

Bitcoin is an opportunity for all of us. You may have missed many opportunities, but Bitcoin has been offering opportunities for a long time. It is a great advantage that Bitcoin can be purchased in any amount you want. The fact that Bitcoin can be purchased at regular intervals is also a great advantage. Bitcoin always gives such advantages and opportunities to its investors.

Both almost have similarities that can bring profits in the future, the difference is that Bitcoin can be purchased periodically or can be paid in installments in any amount, whereas to buy a plot of land, everyone cannot sell it for a small area or size.  Apart from that, everyone can have Bitcoin and to own a large plot of land you have to have a lot of money first and of course not everyone can do that.
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 ... 113 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!