Bitcoin Forum
May 10, 2024, 05:35:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 [33] 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 ... 157 »
641  Local / Pamilihan / Re: [WTS] Post Fork Satori Coin Bitcoin Poker Chip on: April 13, 2023, 08:28:07 AM
Take all ko na to @Coin_trader if okay ka pa sa BTC0.0025 each na price. thank you!
642  Economy / Services / Re: [OPEN] AgoraDesk.com - P2P Bitcoin Exchange | Sig Campaign | Up to $80/W on: April 12, 2023, 11:52:30 PM
Username:  CarnagexD
BTC SegWit address: bc1q5up5yhjnz4pn3hkzktm53x2py9vzgx5ntzd08a
643  Bitcoin / Bitcoin Discussion / Re: bitcoin is a light on: April 12, 2023, 01:25:02 PM
When you put on a light it shines and everyone sees how goad it is, you don't need to convince anyone light is good, you need a light. In several articles I come across I see people talking about how can they convince people about bitcoin, convincing people about bitcoin is just a waste of time, it is like trying to convince someone why they should need a light.

Bitcoin have gone too far and too big for you to keep convincing people about bitcoin. Their is nothing wrong introducing bitcoin to people who don't have knowledge about it, but it is wrong to convince people to accept it, bitcoin is too real and too good to waste energy convincing people of it.

Do not convince. Just impart the information. Whether they put the information to good use or remain arrogant is their choice. Let every people have their own financial decisions. It is their responsibility for taking risks or not taking the risk. Otherwise, if you force anyone to believe something they don't really want to. It's either you will get the blame for not making it profit to them or not having any credit when it works. Both is not good for you.

Trying to convince people about bitcoin is the worst thing to ever do because those you are convincing aren't really ready to accept the risk. Convincing someone is like telling them to start accepting the risk involving in bitcoin and anyone who is not yet ready to invest in bitcoin is just like forcing them to do what is not in their heart, whenever the price goes against them all the blame and reactions are being acted towards you for making them waste their resources without being ready for such action.

 

And these are the people who panic sells because it is not their own decision or they are just gambling. Buying the tops and selling the bottoms then blaming the people whom they taken the advice. Trading or investing is not. It is a professional pursuit. Bitcoin does too. It is either wield your success or break your future. A double edge sword. The main lesson? Be accountable in your own financial decision and let other people be accountable on their own.
644  Economy / Speculation / Re: Bitcoin Recent Price on: April 12, 2023, 01:14:26 PM
Bitcoin has surpassed the $30,000 for the first time since June 2022. It's unclear whether this increase is due to the rise in interest rates or the recent surge in popularity of Dogecoin.

Please, Dogecoin or Elon has no influence on the market, it was due to the Fed news as you have said. Investors and speculators alike are anticipating that good news from them in this week if I'm not mistaken.

But that $30k though remains to be the biggest barrier for now, eventhough we have breach it, I think it might take some time to be able to sustain that price. Unless the news become true then the market will react again, including traditional based. So let's wait, for the positive news.

Agree. It is a matter of market conditions and market correlation. If you want to see news in advance you can have it at https://www.forexfactory.com/calendar most risk assets especially BTC is highly correlated with dollar.

Rates goes lower = bonds higher
bonds higher =  Dollar goes lower
Dollar lower = Risk assets go higher (BTC, indices)

News releases such as NFPS, FOMCs, Interest rates, and Unemployment rates mostly drives and surges liquidity to the marketplace.
To sustain price means there is a sustained set of liquidity or willing buyers than willing sellers to where is the price right now.
645  Economy / Speculation / Re: Where next for Bitcoin: $20K or $50K? on: April 12, 2023, 01:02:21 PM
With price now at the 2021-2022 previous 18-month long support level around $30K, as highlighted, where do you think price will go next?



Is it finally time for a correction back towards the lows, or a continued relief rally towards $50K? Similar to $25K, this is a level where many speculators believe price might be strongly rejected, because the previous strong support level could well turn into new resistance. There is otherwise the argument that above this level Bitcoin is confirming a U-shaped recovery, with a target of up to 80% to the upside.

That's on a weekly chart and would take months for the next price leg to materialize. given by the chart here's how I perceived it.
1. Market structure - Short term highs taken consistently and Higher lows created means where currently on a short term bullish until proven wrong. From where is price right now it could create another short term low at $23-25k ish  before going higher if bullishness is still supported.
2. The noted S/R level  is truly a significant level that how the price would react to that would be beneficial for future price moves. Would it reject? Consolidates? Breaks?
3. Volume- green candles are not yet supported by the expected volume for bullishness which gives a tendency to consolidate and create another low first.
4. Heatmap- it simply indicates liquidity and orders in the marketplace. You can see there are more orders below market place that what is above.

Remember. The goal is not to be right. The goal is to get in line with the marketplace when the direction is clear and right. Don't force any price action to materialize. When it is clear, it will be obvious. Anything could happen.
646  Other / Off-topic / Re: Prepare for the life when you get old on: April 12, 2023, 12:45:22 PM
If we have good intentions to save and are disciplined then we can be happy in old age, many things are often unexpected in old age, and the problem that often occurs is health, parents get sick easily so they need big medical expenses, apart from saving things most importantly from now on we have to follow a healthy lifestyle, leave junk food and eat lots of vegetables from the results we plant.
if we invest a lot then there is nothing to be afraid of. The investment that is meant is not only money but education, health which is taken care of from an early age and good treatment of those around us, so that our old age will be calm.
and it's true that we have to prepare for life in old age, and everyone will think about that when he grows up so that when someone has thought about his old age, he will save and invest more.

but everyone has a different way of living in their old age, and of course, all of these people still want happiness, calm and also peace in their old age.

Indeed. People do not fall into the life that they want, they fall to the level of their standard. IF a person's standard is to do amazing things and work hard, they will do amazing things and work hard. You cannot take it away from them. That's how everyone is different from living another's life. It is a matter of what they are chasing. Happiness? Stability? Excellence? Hard work? Serenity on a farm or a bus workload on a business firm? This then leads to how people would take risks in their life. If one would aim higher, they would risk more and greater. If one wants to be stable in their forties, one would make good investments in their twenties.

Just be prepared for any kind of recession and difficulties. Protect your assets. Don't and never be a slave to money. Use it as a tool and as means of freedom that everyone was seeking. True happiness comes from adventure, not security. Good things comes from good risk taken.

I'm not really sure who's the wrong in this situation and who should I blame, but few things in order to make you survive and doesn't suffer financial problem are:

1. Make sure you don't save your money, but invest on few commodities e.g. Bitcoin, gold, stock, real estate etc.
2. Have a small business in your home, it's better if you have an autopilot business where you don't need to work anymore.
3. Teach your children how to use money in a correctly way, don't overspend and use it for luxury lifestyle.

When you're still 25-40 years old, it might be the peak of your career, don't think you can work until you're death because an old people can't compete with fresh graduate young people.

One of the best ways to save money before getting old is to start a business with some of your savings. As the family's head of household, giving your wife some of your savings to launch a business is beneficial and will also generate income that you can use to invest in bitcoin before getting old. Although no one can predict the future, taking action now to benefit yourself later on is crucial.
I've seen a lot of people who work a regular job and also managing a family business to ensure they never lack anything, and I'm confident that even if they retire from their jobs, they won't be in need because they established their goals in advance.


It is either you take a good investment or you create a business that would start a good investment. Wealth is a creation. Not being a slave. Work hard, save as you much, learn on the side, establish a system, create, trust your system, invest, take risks, rinse, repeat. That's how you play the game. You leave a legacy for the people around you. Be willing to risks because that's where gains start and grow. Anyone can. One simply can. It is a matter of whether a person is willing to do things that are required for financial freedom or not.
647  Bitcoin / Bitcoin Discussion / Re: Bitcoin overshadowed by economic lie on: April 12, 2023, 12:24:56 PM
Bitcoin exist for over a decade yet there’s only few percentage of the human population is involved on Bitcoin investment. Not because that the majority of people is not aware nor exposed but because they are the victim of economic lie such disinformation towards Bitcoin through negative propaganda of Banks.

We are all being feed of wrong information of economic norms by the billionaires that benefiting the current system. Bitcoin is the best asset to invest in terms of price growth on long term period yet people are still scared to touch due the wrong information given by the main stream media.

In the country that I live, Bitcoin has a stigma of being a scam because our own government warn the public to not engage on Bitcoin investment due to a lot of scam involves it and the volatility is high. Most of the people here including the old professional don’t dare to touch it despite Bitcoin already has good price history.




It's the banks that made any man who wants to engage in crypto to be fearful of their investment. You will, even banks have their own investment in crypto but they see it as in a very shallow supply that they would convince anybody not to buy but the truthful thing's now is the best time to buy. The government's risk aversion however depends on its economy. If they want to take a  lesser risk, then it's easy for them to create a regulation that would prevent their people to put their money on crypto assets. That would be in form of tax, restrictions, or limitations of engagement and transactions.


Indeed, there is a lot of opinion and misinformation regarding Bitcoin and cryptocurrencies in general. Bitcoin and other cryptocurrencies are still under development and regulation, which is why some people consider them unstable and risky to invest in. However, like any other asset, cryptocurrencies have their advantages and disadvantages, and each investor must make his own decision based on his knowledge and risk preferences.
The advantages of Bitcoin include high potential for price growth in the long term, decentralized nature and independence from central banks, and ease of use for international transactions. However, cryptocurrencies can also be subject to high volatility and instability, and can also be used for illegal purposes, which can lead to regulatory and legal issues.

Bitcoin is stable. Its development and regulation, to its whitepaper is already clear. What's unstable is it's practical application and how people use it aside from how it should really be using into. That's why such countries restrict it because they can't control their people on how to use it for the common good. Its price was determined by how people perceived its value. It's simply the marketplace price. How much and how many people are willing to buy and sell. Crypto is very volatile and liquid but still stable.  What I agree on is its usage for the future and at the present. Incomparable decentralization, independence from central banks, ease to any kind of transactions, and high potential for price growth in the long term. You already see it trade from $10kish, to $30kish, to $60kish. And it will again. 2x more. 3x more.
648  Economy / Gambling discussion / Re: A Thought On Gambling Strategies on: April 11, 2023, 12:24:16 PM
I think people don't understand that there is no strategy in gambling. Gamble but consider your spendings on it as an entertainment expense. Got luck on your side and won? Good. If you don't you still had fun.

 

Gambling will be gambling. But you can turn gambling into business. Putting in data and creating a statistical guess where you identify when the odds are likely to be on your side and put your fund at risk. It is like investing is it? You can back it up with sound money management and risk-reward ratios.

Simply put if you have 2:1 RR. Toss a coin. If it heads, you lose $50, if it's tails, you gain $100. At the end of a series of trades with 50/50 odds, you still would end up with positive gains.
Is it luck? Probably. Is it backed with data and sound management? Absolutely.

Losing ain't fun. But it's a normal part of the game. The most important thing is you followed a system that when you put in play, chances are in your side.


I think people don't understand that there is no strategy in gambling. Gamble but consider your spending on it as an entertainment expense. Got luck on your side and won? Good. If you don't you still had fun.

 
This is true, many don't understand this, understanding this is understanding peace, gambling shouldn't be your sole way of getting rich, you will get burnt pretty fast, it is better to gamble like you are playing a video game, it's a luck game this time around so use the money you won't be needing any time soon.

The reason why many got rekt while gambling is because of the unrealistic expectations and the unrealistic dreams they want to fulfill through gambling.

Truly. gambling is making money fast and losing it faster. Some gamble for validation of having wins, impulsive betting, and chase of dopamine. And when they lose, it would be destructive.
There's the other side. Gambling turned into a business. It is making money smart and consistent. Which side are you on?
649  Bitcoin / Bitcoin Discussion / Re: are you a long time hodler? on: April 11, 2023, 12:00:33 PM
as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)


Unfortunately, if you remain to be holder only means you do not know when to time the market or you are arrogant to know when to take a profit or cut losses. Put a stop loss. Please preserve your capital. If you have to hold it long enough, at least do fundamental research on any crypto to hold. Be a smart investor, not a holder.

It would take a skill to hone if you're going to be a day or position trader. You have to know what time frame you trade and you are going to take greater and more risks engaging the market more often.

Here's the websites I use to do my own research : For fundamentals I use this https://messari.io/ , when analyzing price. I mainly use Trading view. Create your own conviction. The worst thing you could do is to buy a coin because you see someone else bought it on twitter. Do your own research. Take responsibility for your own funds. That's the best strategy it is.


I don't have to choose one, I do trade daily and am also a long-term investor, I am holding Bitcoin and a few other altcoins too, and I am ready for any opportunity, to hold Bitcoin for the long term without any stress, you need to have a steady income through business or jobs, holding can be very uncomfortable for those that have no steady income, they are the likes that always go back to their bag and sell some part of Bitcoin until they have no other means to survive than to spend all their Bitcoin.

It can be a very bad idea to hold Bitcoin in a bull market, if you are smart you will sell in a Bull market and wait for the massive sell off that will bring forth the bear market to buy back, you will have good numbers of Bitcoin buying back.

Again, it would take you a lot of skill to get you in to this level. Timing the market means you're picking tops and bottoms. Just simply put, Take Profit when profit is presented to you. Cut losses when strategy told you to cut your losses. If you open more risk, the market will be willing to take it from you.  Don't be too greedy or too fearful, be in the middle taking risks and finding opportunities. Find a strategy that works for you. If you do so, BTC and positive gains will follow.
650  Bitcoin / Bitcoin Discussion / Re: Some Factors That Determine Prices of bitcoin on: April 11, 2023, 11:40:45 AM
There are many reasons why bitcoin and other coins price is where it is. When the price either directly or indirectly influence the marketcap the price either rises or fall like the current situation. These are factors that influence the price; source: Crypto Update

1. Demand for the coin:
 Where there is a well tilted balance between the supply of a coin to its demand, the price becomes Bearish. The higher the demand, the bigger the price..

2. Total Supply of the coin:
 When the supply of a coin is way higher than how much people want it, the price falls. Shit coins fall into this category.

3. Market Capitalization:
This refers to the worth of a coin or token; the total value of all coins mined. E.g. Bitcoin's Market Cap was 729billion the last time I checked..
The market cap moves with the price of the coin..

4. Circulating Supply:
This refers to the amount/part of coins out of the total supply. These number of coins are available for sale and the rest are locked or stored away in the blockchain.

NOTE: Total supply of coins ÷ the coin Market Cap =Price of the coin.


Do not overcomplicate the market. Yes, BTC's fundamental is essential but no ordinary people have the time to delve with it. It is only the transaction between sellers and buyers. Price is determined to where do they are willing to buy and sell. It is a matter of liquidity. The market is driven by the emotions of every people engaged with it. So how can the banks shaken the funds of those people? By fear.

1. Medium high impact news. Wars, pandemic.
2. Seasonal tendencies. Cycles.
3. COTs.
4. Market Correlation: If dollar is higher, risk assets tend to go lower. If dollar is lower , risk assets tend to go lower. With BTC dominance, if BTC is Higher, other coins are going lower.


There are many reasons why bitcoin and other coins price is where it is. When the price either directly or indirectly influence the marketcap the price either rises or fall like the current situation. These are factors that influence the price; source: Crypto Update

1. Demand for the coin:
 Where there is a well tilted balance between the supply of a coin to its demand, the price becomes Bearish. The higher the demand, the bigger the price..

2. Total Supply of the coin:
 When the supply of a coin is way higher than how much people want it, the price falls. Shit coins fall into this category.

3. Market Capitalization:
This refers to the worth of a coin or token; the total value of all coins mined. E.g. Bitcoin's Market Cap was 729billion the last time I checked..
The market cap moves with the price of the coin..

4. Circulating Supply:
This refers to the amount/part of coins out of the total supply. These number of coins are available for sale and the rest are locked or stored away in the blockchain.

NOTE: Total supply of coins ÷ the coin Market Cap =Price of the coin.

I don't know if I should agree with you or not. In my opinion these are the factors that affect crypto mostly and ate listed below
1: News News Is more important thing in cryptocurrency. A single news can just shake it whole market or a single news can make market like a bull. That's why News Is most important thing
2: Big whales Big whales play an important role in cryptocurrency industry because they can easily manipulate market and  thus is not good for the crypto industry.

Agreed. "Big whales" are other terms for the big funds of market makers. They almost set the price for any risk assets because of their large and institutional funds. They set liquidity. SO when they get in, the price fluctuates higher and other investors will get in making the market continue to go higher. When they "big whale" takes profit, Price creates the top or end of the rally, where the retail investors left and lose money.

In crypto whatever is hot, creates hot and fast money. just prevent hot losses.
651  Economy / Gambling discussion / Re: Rigged Game on: April 11, 2023, 11:21:50 AM
There are many problems that are affecting online casinos either due to been illegal operations or fraud cases like

Fake Advert, Payment Problems, Spamming Gamblers etc

But one comes in mind that I can't get rid of, those that Rigged their games, I don't know if people actually know that some online casinos Rigged their games, like the Aztec casino that was labeled a scam casino for example.

My question is how can one know that their game is rigged? If you play over 20 games and you lose it all, no one will believe you if you say that their is something wrong with the platform because truthfully as a gambler you have to lose, so what way can you actually know that a casino game is been rigged?
For me I always  have this feeling of games being rigged when I have experience lost on many tries on virtual games like soccer, it will feel as if you know the games and the correct outcome when you are winning but when the losses starts coming it will be like the odds have being altered or the results are been changed by someone in the system main stream. But it's all natural because it's was design to operate so, we win and most times lose.

It is rigged. Over a series of plays, casinos always win as a whole. That's their role and how they make money. It is the dophamine and one's impulse that makes you play it over and over again and the spontaneity that when will you win or maybe you win the next time will make you bet more. To casinos, the more you bet, the greater the odds from them. It is a matter of when will you get out when you're already in profit so you won;t give it back again to casino.


There are many problems that are affecting online casinos either due to been illegal operations or fraud cases like

Fake Advert, Payment Problems, Spamming Gamblers etc

But one comes in mind that I can't get rid of, those that Rigged their games, I don't know if people actually know that some online casinos Rigged their games, like the Aztec casino that was labeled a scam casino for example.

My question is how can one know that their game is rigged? If you play over 20 games and you lose it all, no one will believe you if you say that their is something wrong with the platform because truthfully as a gambler you have to lose, so what way can you actually know that a casino game is been rigged?
For me I always  have this feeling of games being rigged when I have experience lost on many tries on virtual games like soccer, it will feel as if you know the games and the correct outcome when you are winning but when the losses starts coming it will be like the odds have being altered or the results are been changed by someone in the system main stream. But it's all natural because it's was design to operate so, we win and most times lose.

That I agree you can't be losing all the time, for many hours on many days, but you should at least experience winning, one of the ways to analyze a game if it is rigged is to check your betting or game history and check if there are anomalies in them like you still have balance then all of a sudden its wipe out when based on your computation it doesn't add up.
Casinos with good reputations will not rig their games, it's hard to defend your reputation if you are accused of rigging your games when you already have an edge over the players.
Really hard to be mindful about fairness specially when you are dealing on a game that do involves multiple rolls on instant manner or fastest duration which checking out every single bet would really be a pain

in the ass or something that you wouldnt bother yourself on doing so.I agree on what most people been saying that as long you are dealing with a popular casino then you can somewhat assure
that you are dealing in the right place. Games could be rigged but there's no way that we could be able to prove it out.They wont really be leaving any holes
if ever they are really that doing behind the curtains thats why there's no much that we can do.

Cheating could be one thing so if you don't want to be in that kind of position, only engage with trusted and established casinos. Try to read or take a quick summary of Trading in the zone, there discussed how casinos works over series bets and not by individual play. So it is just that is the nature of the game. Learn how to play it not against it Know when will you bet more when the odds is in your side. Gambling turns into a profitable business if you put a system in play around it. It is unfair for everyone which makes the game just fair is it?
652  Bitcoin / Bitcoin Discussion / Re: Can you consider yourself as a risk taker if you buy bitcoin? on: April 11, 2023, 11:09:07 AM
Quote
Re: Can you consider yourself as a risk taker if you buy bitcoin?
If you already bought an asset, you are considered as a risk taker already because you are taking the risk of a potential loss.

It all comes down to how risky an investment or an asset maybe. Bonds is an asset with the lowest risk. Stocks has more risks than Bonds, but lesser than crypto, and speaking of crypto, it is for me the most riskiest investment currently. As long as you invested into something that can't give you guaranteed returns then I guess it is considered a risky investment. Whether it will be precious metals, or things you got from an auction, or an NFT whatever, as long as it's an asset, you are already taking risk because you don't know if you will get profit or loss from it. I forgot that business is also added because you are risking your capital into building one.

Well, I already bought Bitcoin years ago, so I guess I can consider myself as a risk taker already.



Taking a risk means you should be thinking in probabilities. You shouldn't be just talking how much you can make or when you are going to buy your lambo. Don't be a lambo guy. Consider the other side of the coin. What you invest you should be willing to lose without leaving any mental or big fund damage to you. Since we're speaking risk, you should not only have a plan for price analysis but for how much you manage your funds and your risk. When will you take profit, take partials, cut losses, when to engage, when to add position. Only the brave wins, because those who take big risks wins big. The reward is as massive as much as the future of BTC.

Wether you agree to it or not, it is what it is. BTC is the best investment at the time. Once you see the potential, you cannot unsee it.
When we enter bullishness, hope you're of those riding it.
653  Economy / Services / Re: [OPEN] Utopia - P2P Ecosystem 💎| Signature Campaign | Sr.+ on: April 10, 2023, 07:08:12 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=967589
Current amount of Posts (Including this one): 2486
BTC address for payouts: bc1q5up5yhjnz4pn3hkzktm53x2py9vzgx5ntzd08a
Utopia Public Key for CRP payouts: to be updated once accepted
Earned merit in the last 120 days: 11

Good day manager Joeperry, I saw that one of the Sr member just left the campaign. I can take his spot if it is available.
Thank you!
654  Economy / Speculation / Re: Bitcoin Price Predictions? on: April 10, 2023, 05:15:11 AM
If the price of bitcoin rises to $35k, I don't think the bull run will officially start at that point. The bull run I'm anticipating will happen next year, not this year.

This year is for accumulating up bitcoin until the following year. Expect nothing extraordinary when the price of bitcoin reaches $35,000 this month(April). If only it should.

Let's wait until the price of bitcoin reaches $30k before discussing what will happen next and whether the market will turn bullish or remain bearish.

The real bull run will usually come some time after the halving happens, usually a year later. So I expect it to happen in early 2025 which will be more realistic. This year bitcoin has recovered, but even if it rises to $50k, I still don't believe we will enter a bull season. Although the unexpected can happen, but with the unstable economic situation, I think it is hard to expect a surprise.

Yes, we could move up a little higher however might set a bull trap for two main reasons.
1. Dollar is currently bearish near-term but sets a bullish perspective long term. This sets a Risk off condition in the market. When dollar is going higher, bitcoin and other assets are going lower. vice versa. This means that in short term, bitcoin could rally but still prone to another drop lower.

2. Seasonal Tendencies. Assets and Indices tend to go lower every April up to mid of July then consolidate every August before starting a rally higher until December. Currently in market condition, we're still in bearish conditions. Find where is liquidity. Get in lined with the institutions.

Do not buy to the misconception of market bullrun and short term run higher.
Trends are relative to the timeframe you're observing. It could be a +3% rally higher in daily basis but only serves as a retracement higher from a very big -45% fall in a weekly/monthly perspective.

Broaden your view. Reserve your tether. Prepare for the real run.
655  Bitcoin / Bitcoin Discussion / Re: Giving out to promote Bitcoin on: April 10, 2023, 04:56:14 AM
Happy Easter everyone
Today I gave out $20 to 5 random high school students each in a WhatsApp group after of course enlightening them about Bitcoin and conducting a quiz for them I did this in hopes of trying to assist in developing the Bitcoin ecosystem although it's of small impact
I sent the Bitcoin to Thier noncustodial wallet and also enlightened them on how to manage Thier wallet
What do you think!?

That's very generous of you and a very great way to power up the community. I myself am not even familiar with Thier noncustodial wallet yet but that is surely a great experience for those kids to learn such things. That small movement will surely compound. That's a creative and positive step for you to share knowledge and drive to those young people. That's an education for future money. Your kindness to them will be their kindness to other people and their peers. Cheers.
656  Economy / Economics / Re: Essentials to starting A business on: April 10, 2023, 04:44:35 AM
There are several key things you should have in place before starting a business to increase your chances of success. Here are some suggestions:

A clear business idea: Your business idea should be well-defined and specific. You should have a good understanding of your target audience, competition, and the problem your business solves.

A business plan: A comprehensive business plan can help you identify potential obstacles and create a roadmap for success. Your plan should include a market analysis, financial projections, and a marketing strategy.

Sufficient funding: You'll need enough money to cover startup costs, ongoing expenses, and to keep the business running until it starts making a profit.

Legal and regulatory compliance: Make sure you're aware of any licenses, permits, or certifications required to operate your business legally. You should also consult with a lawyer to ensure you have all the necessary legal documents in place.

A support network: Starting a business can be stressful, so it's important to have a support network of family, friends, or mentors who can offer advice and encouragement.

A marketing strategy: A solid marketing strategy can help you attract customers and establish your brand. You should identify your target audience, research your competition, and choose the most effective marketing channels for your business.

A strong online presence: In today's digital age, having a strong online presence is critical. You should have a professional website, social media accounts, and other digital marketing strategies in place.

A team: You may need to hire employees, contractors, or consultants to help you run your business. Make sure you have a plan for finding and retaining the best talent.

These are just a few of the key things you should have in place before starting a business. By taking the time to plan and prepare, you can increase your chances of success and build a strong foundation for your new venture.



If you're reading this to find a tip when and of how and when to start, Just start. Business is simple. Just "money In". Do something that will make you money. Making a logo won't make you money but finding a good prospect whose willing to exchange their money to the value you're offering regardless of not having an online presence, logo, marketing, or supporting network is a sound money making business. You don't need a perfect plan. A good plan executed today is greater than a best plan tomorrow. Just do it now. Business is money in. You don't need a strong foundation right away,  but you need strong character to start and continue. Some do business because they are bored, want fame, or recognition despite of not making any cents. Real business is making money. And your success depends on your own definition.
657  Economy / Service Discussion / Re: I think it's time to leave Binance, any alternatives? on: April 10, 2023, 04:33:34 AM
As we see, things aren't going well for Changpeng Zhao and more likely for Binance too, especially when it's becoming very clear that they are into very shady things: Binance employees are helping users in China to bypass KYC, directly violated U.S. derivatives laws, manipulates with trading volume and probably manipulates with Futures Trading too.

Decentralized exchanges are good alternatives if someone wants to feel safe and secure and in control of their funds but they lack a lot of features compared to centralized ones. For example, Binance has features like: Futures trading, options, leveraged tokens, swap farming, DeFi Stacking, Liquidity Farming, Launchpad and so on. These features attract a lot of users but p2p exchanges lack them. So, there are people who choose centralized exchanges because of that.

So, my question is, if Binance goes down, which centralized bitcoin exchange are you going to use? Personally, I think that Coinbase will become more popular because it's number two exchange by popularity at the moment and what makes it more attractive compared to Binance is that it's the San Francisco-based company, has been in business since 2012.


It opposes the main idea of cryptocurrency. It aims to decentralize yet op wants centralize to manage its funds. This made think now that the idea of (de)centralization is a bs. How can you expect decentralization if it needs to be regulated by local government restrictions and supervision.  Use exchanges as an exchange. Use wallets to keep your funds. If you just want Binance features then use it so to do futures, farming, and stacking. The question is "If Binance goes down". but what if it doesn't? The thing is in any case, use many exchanges as you want. Advancements in many exchanges such Coinbase, Kucoin, or Bitstamp are still firm. Use it accordingly and to your advantage. It just happened that Binance is more established and progressing but other exchanging are also doing great in terms of transactions too.
658  Economy / Speculation / Re: Best time for me to buy on: April 10, 2023, 04:10:46 AM
The best time to buy was 10 or more years ago, the next best time to buy is now & that’s all you need to know. Bitcoin is designed to go up forever due to it’s inflationary features by design. Nobody who holds bitcoin for two 4 year halving cycles ever lost money, in fact over that time frame everybody made life changing money. Seriously, with a mid to long term mindset you have nothing to lose.

Buy BTC.

But always take in mind your time perspective. All are talking about price, what price it will go up, what price it will stop bleeding. But not all are talking about time.
Remember the price chart, The y-axis Price, and the x-axis Time.

It's not how much will you profit, because you will surely make money if you are patient and have a plan well laid out.
It is about your time horizon. Anybody knows they want to make money and big returns. But not all know how long can they hold their funds, how long can they endure losses momentary losses due to dip, and how long can they risk their money.

Will you hold every 4-year halving cycles? Every Year? Every quarter of the year? Time and Price is relative to seasonal tendencies.
It is always a good time to buy B. But the best time to buy depends solely and subjectively on you (not because the next guy said so).

What is your time horizon? Don't just buy and hold, then sell it for a loss because you're unsure how long can you hold it.
"Buy, Hold, and Sell with the intention to profit from the market."
We're currently in a bear market. Use it as a time to plan the next run.

When we're in at bull market. It will be obvious. You will know. You don't even need to ask.


I think so, now is the best time to buy, don't delay because the bull run is coming soon, if the bull run comes, of course we regret it, to get big profits, the best strategy is to buy when it's dipping like it is at this time.
Conditions will be better, something like this was said a few months earlier, especially when bitcoin was at $15k- $20k, but even so, the current price of $ 27k is still very good to make a priority in buying.
Regardless of what the current price is and if we look at it in terms of the previous ATH, bitcoin is always worth it to buy and of course when looking at the prospects that have occurred and forecasts to come, of course buying now with long-term goals will be even more feasible.

Take this as an example, if your horizon is 4-8 years from now, You have a large range of price to buy. $15k- $20k - $27k
But if you're unsure of your time, and you buying at $20k then the price dropping to $17k will make you fearful and sell it as a loss. Always consider your perspective. Are you there to make money fast, next week, or tomorrow? or you are there to make money this halving 4-year cycle? If so, plan it ahead.

Do you want a tip? there's also a cycle every year, every quarter, and every month.  Open your chart, and see it for yourself. Buy in August, Sell in December.
659  Economy / Economics / Re: Is taking a loan/debt addicted ? on: April 09, 2023, 12:39:35 PM
Actually there is a problem of loan addictions, it's like gambling: people get what they want to have, then they pay properly, then they take one more credit, and so on... And at some point this person experiences problems with money loss (either problems with job, or other problems which need much money to solve), and then in order to pay the debts he or she needs to take actions in a hurry, which lead to even more money loss: they start selling houses/cars/business projects in really short periods of time, which makes them get less money for selling their belongings and property. This economic activity makes people gamblers, though most such gamblers don't even understand it and think that everything is stable.

Right some people use loan as their coping mechanism for stress because they wanted to buy something they can't afford. They continue to take out loans even when they don't need them or when they can't afford to repay them that leads to a cycle of debt and financial instability.

It is somehow the same with credit cards, it provide a sense of instant gratification and allow people to purchase things they might not be able to afford. Credit card companies also often offer incentives and rewards for using their cards which encourage people to use them more frequently. Tho I think borrowing money and credit card are different things because credit card addiction tends to involve smaller, more frequent purchases, while loan addiction often involves larger, more significant purchases such as a home, car, or personal loan. Regardless, those are both borrowed money. We should only borrow money if we are already expecting something that we can pay for it or we are just maximizing the time value of money.

I think so, nowadays it's too easy to find a loan because of the presence of online loan applications, in my country to borrow $2,000 worth of money, just send identity and selfie, and within a maximum of 3 days the loan amount will be accepted, but with the ease of the loan, interest must be paid very high.
We have that kind in our country. So many ways online where we can borrow money and just have to provide IDs. I usually doubt its fast approval that's why I haven't tried it yet asde from the fact that I don't feel the necessity, but a relative of mine tried once. She borrowed money and then the next  week she paid for it, now she is allowed to borrow greater amount.

It's true that they charge higher interest rates than traditional lenders, particularly if you have poor credit. And since online loans are so convenient and accessible, it is easy for people to overborrow and take on more debt than they can afford to repay. I even think that some online loan is a fraud, so it's important to do your research and choose a reputable lender, and only borrow what you can afford to repay.
660  Bitcoin / Bitcoin Discussion / Re: Bitcoin has a bad reputation (we should fix it) on: April 09, 2023, 12:08:25 PM
I think it would be good if we can convince these people that they are wrong.

I think the goal should be to inform about the facts regarding bitcoin instead of convincing them to invest in it. When you inform someone about bitcoin, you are providing them with information and knowledge about what it is, how it works, and its potential benefits and risks. The goal is to provide them with accurate and unbiased information so that they can make an informed decision about whether or not to use or invest in bitcoin. On the other hand, convincing them is like persuading them right away to buy or invest in bitcoin. They may think that it is part of a scam especially if they are already so closeminded about it. Since it is always challenging to convince someone to invest in bitcoin if they hold a negative view of it or believe that it's a joke, it's important to start by addressing their concerns and misconceptions about bitcoin.

It'll be best to inform people first and let them decide for themselves whether they want to use or invest in bitcoin based on the information you provide. We may not ultimately remove the bad reputation of bitcoin but atleast we are able to inform more people about its facts. It will be their lost if they don't listen.


Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 [33] 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 ... 157 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!