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841  Economy / Speculation / Re: Take advantage of the price fall. on: July 13, 2023, 02:49:48 PM
Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new,  that is our the market has always been. When people are so concerned about the fall in the market it means they are  not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted  and  people are aware of this but they still go  ahead to invest and still get panicking when the market falls in price.

There's nothing new on Bitcoin's volatility but everytime it falls, there's always people who would like to invest on those period which they take advantage. Maybe it's their only choice for investing at Bitcoin which it's current value with affordable price. Maybe those people who wouldn't bothered on this market situation is those people who's keep hodling until Bitcoin would increase it's worth again. If you don't know how to control yourself or you are knowledgeable enough then you wouldn't panicked in these kind of situation. Even small investor with short term even a small profit from it would already be a considered as a taking an advantage.
842  Bitcoin / Bitcoin Discussion / Re: I sold the altcoins and invested in Bitcoin" on: July 12, 2023, 10:51:55 AM
The deed is done for now, as least from what you have said you've sold all the altcoins already. Although if I were you I would have held Ethereum that is if you have the coin already. Definitely with the market you can say your future is secured financially if you could hold enough to have the profit that will be best for you.
For now, if you are thinking about your future, it is definitely better to invest in Bitcoin. Because currently the Bitcoin market is at a minimum investment point which will go to a better level in the future. Already we can see that the Bitcoin market will be halved by the next year 2024. and then the price of Bitcoin will reach $100,000 so instead of thinking negatively, think positively about Bitcoin. You can invest in ethereum if you want but bitcoin will give you better profit so better to invest in bitcoin. Since Bitcoin has a chance to halve later in the year, investing in Bitcoin will no doubt make you a huge profit.

For real Bitcoin is a good choice to invest if you're planning in long term investment since as you said it's on minimum investment value. This could literally secure your future as Bitcoin might reach $100,000. But for me, I would still divide my investment for long term and short term. Some would go to Bitcoin and some to alternative coins such as ETH. I would just do quick flip in short term as those quick profits would sustain my needs currently. So and the other spare money would go straight to Bitcoin for me to hodl them for a long time til it reaches it's peak value.
843  Bitcoin / Bitcoin Discussion / Re: My story about bitcoin and my old friend. on: July 12, 2023, 07:34:26 AM
At least at the very end your friend said sorry for mocking you, never judge someone's hustle especially if you don't have any idea on that industry. It's actually good to work abroad if you think you will have a good salary, but working is not enough if you don't have any investment. For sure, you wouldn't last long working whole your life so you need to have investment as much as possible for you to have a secured future.

In my case, is to my friend, this part is about NFT since I've also tried investing or minting for a quick flip. I told them the basic knowledge on how you could profit by finding a good project but he kept disagreeing that is not good investment. Which is in my case I'm just having a quick flip here of course I am still hodling. I show him how my $100 turns into $500-$1000 by just clicking. Yeah he was hooked that time but when he's gonna try it, NFT is not a thing already.
844  Bitcoin / Bitcoin Discussion / Re: How important is it to keep your bitcoin investments secret from others ? on: July 11, 2023, 04:43:10 PM
Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

The image I saw in the Op's link was very painful because now that Bitcoin is not legal in our country it has to operate with a lot of secrecy. Otherwise, we are in danger because Bitcoin is a completely confidential matter, so you can't discuss Bitcoin with someone who doesn't know about Bitcoin or whom you don't trust. You may get into trouble. When you trade in Bitcoin you must keep it completely confidential and if Bitcoin was legal in our country we wouldn't be facing this problem.
I think you don't understand the point of the message posted by the OP because the situation was not about Bitcoin not being a legal tender in the country was the reason why you should keep your BTC holding secret if even BTC is legal tender in your country you still need to keep your holding secret so you won't be the target of the physical attack which exactly what happened the person used by the OP as a case study.

No matter if it is legal or illegal in your country, you shouldn't be announcing it to everyone. This is like saying to everyone by posting on social media that you are withdrawing money from an ATM, which makes you worried, right? After all, when you go to the bank, it will make you worried if someone will try to steal your money. That is why we are quiet about it so that we don't get the attention of the robbers. Always improve our security and be mindful that anyone can rob you, whether friends or family members, because people change hands for the money.

Yo there's already a case here in my country where they always post it to social media their achievements. Then later on their house got robbed. I know it's hard to resist to share it to someone that you are investing or trading in Bitcoin, but it would just worsen your situation even to your relatives. Some would ask you for money or pressure you because they think you're already earning huge amount of money in crypto. That's why other people prefer Bitcoin since it's decentralized where you can control your assets anonymously. So what's the point if you're announcing it to the public right? You might asking for support to others but maybe that's why this kind of forum exist to communicate anonymously.
845  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the way to Prosperity for a Determined Dreamer on: July 11, 2023, 02:59:41 PM
There has been a lot of people who've already experienced changing their life with Bitcoin. You could actually see the difference on the people who's love to get spoon fed once someone introduced to them Bitcoin, as they always rely on the person's decision who told them about Bitcoin. Once someone told you an opportunity to change your life, you would put some effort to do your own research and study it. It might take a long time to reach it but starting with nothing but knowledge is already a good investment for yourself. I suggest to take some part time job so you would have money sources for investment to Bitcoin. You should thank you teacher for introducing you Bitcoin. Good luck in your journey in this industry!
846  Bitcoin / Bitcoin Discussion / Re: Being Knowledgeable before Bitcoin investment is very Good on: July 10, 2023, 04:51:02 PM
That's actually should be the common thing to do especially if you're gonna put your money at stake. You couldn't just rely on someone else's advice or calls because in the end you can't blame them for trusting them in any outcome. Even what you called pro or expert they can still have a bad call causing you to lose a huge amount of money. Before entering some investment, always invest at yourself first. With the knowledge that you could gather online or do your own research you could be knowledgeable enough to do your own decision.
847  Bitcoin / Bitcoin Discussion / Re: Why research is crucial to a good experience - Tips from a decade-old Bitcoiner on: July 10, 2023, 12:00:06 PM
This really comes down to anything. It's just that there is so much more bad data sitting out there in the crypto world that it makes it a lot harder to sift though what is real and what is fake. YouTube / Twitter / Facebook all just make it worse since there are so many people out there looking to just make a buck.



Everything in the social media can be faked which is makes everything complicated for newbies. But if you are smart enough to what sources and information you will rely on, maybe you could know what to trust. You can't just rely on 1 information that you have read or watched for example in the Youtube, where it's commonly clickbait videos. There's a lot of opportunity that you can find online not only crypto but just be careful as people would take advantage of people would do anything to make a money. That's why these kind of forum exist so you could gather more reliable sources than being manipulated by paid people.
848  Local / Pilipinas / Re: Latest Survey : Crypto Ownership Sa Pilipinas Bumagsak Mula 50% To 19% on: July 09, 2023, 04:47:37 PM
Boom na boom lang naman ang crypto dati kasi na introduce sa public yung mga crypto games dati na Axie. Kasi nga kumikita ka lang sa pag lalaro na mas higit pa sa kinikita ng bare minimum na trabahador sa Pilipinas. Kadalasan pa sa mga pumapasok sa Axie na gustong matawag na manager is gusto nila ng easy money na akala nila ay for long term na yung serbisyo ng Axie. Sa crypto volatile lahat kaya never ever put all your money in one basket in case it fails. Nababalita pa nga dati yan tas balak lagyan ng tax jusko kaya boom na boom. Ngayong wala na spark ng axie ayan lumalabas na result kasi kaunti lang natira na nag stick sa crypto at di nag focus sa Axie or other crypto games.
849  Economy / Gambling discussion / Re: What attracted you to gambling?Share your experience whether good/bad. on: July 09, 2023, 04:24:55 PM
It was just simply by the magic and beauty of starting with a small amount of money then suddenly the outcome of having a huge amount of money. In my case, when I was a kid there's a small game outside my school that many kids literally went there straight after school. Of course it's a gambling called color game which is very popular here in the Philippines. I became curious why they think it was fun to risk your small allowance? So I tried, started with small amount then shouting that "BLUEEE" since I betted at blue. The fun it gives to me was fun as it also gives you the excite and thrilling experience every round of the game. So after winning some money of course I would treat myself and come back tomorrow for me to treat again myself since I'm good at this game.  Wink
850  Economy / Economics / Re: Landed properties is the best investment on: July 09, 2023, 04:16:53 PM
When you say best, how do you mean? Do you mean in terms of profit or risk?



Land investment is a great deal if you're good at managing those properties. Imagine if you own a land property you could use that as renting or in the long term it's value would double it's original price. Any investment involved risk that's you'll have to be knowledgeable in these kind of things.

Quote

Real estate is expensive to break into, you have to have a certain level of money before you own a landed property. So if you look at it from this perspective, it's not the best.
In terms of profit, it is not the investment that gives the best profit.
Different people have their idea of a "best investment". It depends on what they understand and what they're into.


Well it's true since everyday the value of land properties increases plus depends on the area, type if it's a corner lot and the location. So it would be consider too expensive to invest with, but if you're smart enough and ready to risk it all you could start loaning then let someone rent those houses with a contract. Then those rent paymennt would be use to pay some loan then in a long term that property could be yours. Since there's a monthly option for payment in buying a land properties. Super risky but high risk? Of course High reward. Just do your own research and study plus planning for you to lessen that risk you're thinking.
851  Local / Pilipinas / Re: Internet Apocalypse, Handa kaba? on: July 09, 2023, 02:57:04 PM
Sa tingin ko imposibleng mangyari ang Internet apocalypse dahil hindi ito papayagan ng gobyerno under a normal condition.  Unless magkaroon ng giyera internally or externally.  Ang mga haka-hakang nabanggit tungkol sa posibleng internet apokalypse ay isang likha ng malikot na pag-iisip ng tao.  At gaya ng nasabi ko, gagawin lahat ng kinauukulan na maiwasan ito dahil malaking pagkalugi ang magagawa nitong apokalipses na ito kapag nangyari.  At isa pa ang technology ay patungo sa development at hindi sa pagkadeteriorate.

So, sa sinasabi mo bang yan ay walang batayan ang NASA kung bakit nila nasabi ang ganyan bagay, sang-ayon sa kanilang pananaliksik at nakita sa bagay na nangyayari sa labas ng kalawakan, para sayo hindi totoo yun, kundi parang imbento lang ng NASA para takutin ang buong sangkatauhan ukol sa bagay na yan based sa article. Wala naman sinabi ang nasa na dahil sa giyera, kundi sa solar storm ang magiging dahilan ng pagkawala ng internet sa buong mundo, in which is para sayo hindi ito totoo, tama ba?

Sabagay, kasi pag sa gobyerno ka ng Pinas nag base ng information or action parang di kapani-paniwala eh? Puro corrupt kasi tao dito. So kung icocompare mo ang NASA which gives us facts information about what's happening in the earth or even outside sa gobyerno natin, ewan ko nalang kasi pangit nga ng sistema dito eh. Kahit na sabihin mo na mag bigay sila ng mga announcements or comment pero kung walang action wala rin? Marami ng issue sa Pinas na ganyan din nangyari, puro comment pero di magawang actionan yung problema. Mangyari man or hindi basta nag bigay ng announcement about warning ang NASA which could help people to be prepare kesa umasa ka sa gobyerno dito sa pinas  Cheesy
852  Bitcoin / Bitcoin Discussion / Re: Internet Apocalypse? on: July 09, 2023, 01:56:51 PM
Well we're in the era of technology where almost everything are relying on the internet for us to communicate or make transaction online, anywhere across the world. If this information is true or might happen for sure it will have huge negative impact to crypto industry since it runs by the internet, you could say some could do offline with other devices, still the msrket itself will be affected since you couldn't even see a real time results.

Where in banks, of course it could also affect them big time since almost many people rely on online transactions for their own convenience. When it comes to recovery of course banks would have recover first due to it could be done in actual transactions where people are obligated to do transactions on site.
853  Bitcoin / Bitcoin Discussion / Re: My personal savings now I will invest in Bitcoin on: July 09, 2023, 08:30:19 AM
That is the good side of Bitcoin, there would be a slim chance for it to get bankrupt as many people invest in it. It's a good choice to invest your assets in Bitcoin since you already have the background. Plus in Bitcoin is decentralized you could manage your assets whatever you like. But If I were you, those numbers of your savings, I would not invest all of it in Bitcoin, you could do some alternatives for you to have a back up investment. Since Bitcoin is still volatile that could affect your assets. But much better than banks that are being affected by economic issues such as inflation, to Bitcoin you could manage your losses and earn profit.
854  Economy / Economics / Re: Is this a Strategy? Is it a good Strategy? on: July 09, 2023, 06:04:17 AM
Here in my country, where people are mostly exposed into social media and almost everyone couldn't even live without the internet. So it would be common for them to be involved in this entertainment like being an influencer, vlogger or product advertisement like ambassador. Well if you're not too dumb to see the intentions behind those fight or we could consider as "acting". Most of these conflicts are two parties that are popular so it would gather all the viewers. I think this is consider as good strategy, Why? Because people couldn't even remember it in months for sure it would be open the topic once me tion but in everyday life you wouldn't even remeber it.
855  Economy / Economics / Re: What's is daily budgets or expenses as a bitcoiner? on: July 08, 2023, 11:40:59 PM
First thing that comes to my mind when I read your title thread is the Bitcoin mining. Since some people have a lot of cpu which contains a high class brand of supplies plus the cooling system for them to not overheat. And the electricity which cost a lot depends on how many mining devices you have.

But for me, when it comes to expenses I just always have a spare money that always goes to savings and investing. Those spare money would be split into 50/50 so in case in emergemcy I have a savings while having an investment. But this is only when after I meet my requirements of spending my money to my needs everyday, if there's a spare one even a small amount, it always be saved or invest. I don't usually use my funds in crypto since I am holding, that's why I have an alternative savings for me to used for what I want.
856  Economy / Trading Discussion / Re: Which is better to invest in copy trading or bot on: July 08, 2023, 11:16:29 PM
And why would you stake your money in bot or into someone's move? Both of your option is not actually good, its your own money your risking so it should be your own decision wether you make a call in Bitcoin. You wouldn't gain anything from the two, you'll have to invest at yourself first by studying and gaining knowledge then you could start by small amount first so you can slowly be familiar on the system in the Bitcoin. Trust me relying into someone or bot is not a good idea. Just do your own research, and don't invest money that you can't afford to lose.
857  Bitcoin / Bitcoin Discussion / Re: Bitcoin history on: July 08, 2023, 06:18:49 PM
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives
 
There is still hope and enough package to come from BTC, keep holding.
This is so DRY!!! You should come up with deeper and interesting facts about bitcoin. Something like Bitcoin will be 15 years by October...the first transaction between Nakamoto and Hal...the very big all-time high in the year 2020 at the peak of COVID-19... These are fun fact about bitcoin that could make your work beautiful

Exactly, as OP mentioned Bitcoin was 14 years so by those years it would be impossible to have a lot of history about Bitcoin. This is actually a common knowledge for Bitcoin like basic background but if were going to post a thread maybe putting some sources would be good. In the time of pandemic, since people were not allowed to go outside due to covid-19 so almost everyone are using gadgets and crypto became famous especially into my country PH. People invested here despite the mindset of easy money but as we know FOMO is common back days so when the bull run ends. A lot of people also loss a huge amound of assets. Maybe in next decades Bitcoin would fly high up and will change a lot of people's life. From P2P game after it died, they transfer to investing and trading then boom huge loss. Not even doing their own research just to be part of the trend.
858  Economy / Economics / Re: Best way to understood our world economy here is the example on: July 08, 2023, 05:59:38 PM
Well every people has different ideas and definition of economy, but for sure they know the basic like how it works. Like for example the inflation rate, most people know how commonly happen inflation, most of the time it's about the supply and demand of the products, where we could say due to economic issue that could be experienced worldwide. And every issues in the world affects the economic status of the country for example, war, climate change and etc. For me, when economy are mentioned, the first thing that comes to my mind is just "it runs by money" those circulation of money what makes the economy standing like the USD that dominating around the world. And the ugly truth is that mostly rich people are the one who's benefits and taking advantage of the economy.
859  Economy / Economics / Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets? on: July 08, 2023, 05:46:51 PM
Investing in watch is also a good idea it's like investing in gold. But the thing in watch is you'll have to maintain its value without damages for years so when the supply is low it's value could increase. The more rare the watches then the more demand in the market. However, you would also need to know like study about watches since there's also spreading of scam and fake watches.

For Bitcoin, it's difference is that it has a volatility present where you'll have to take advantage. If I were asked what I prefer? I would say both cause it would be better to have alternative investment incase the one fails. Watches, gold, real estate and crypto, anything in these could be considered good investment only if you are knowledgable enough. I've resell a watch before I bought it on other country but when I came back to my place it's value doubled since there's no kind of edition in my country.
860  Bitcoin / Bitcoin Discussion / Re: Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. on: July 08, 2023, 10:09:18 AM
Procrastination is not the only reason why some of us are not buying BTC. Some persons actually want to buy but don't currently have the funds to do so.

True that but if a person has a reason to invest in Bitcoin, he will always do his best to invest and can use the method of saving just to fulfill the want to invest in Bitcoin.  I would also follow the advice of taking advantage of the opportunity to buy Bitcoin at a discount when FUD is everywhere instead of panicking and eventually selling the BTC holdings.

Well, you may be right, but everyone has their priority. Someone who can barely feed himself will not be thinking about investment, his primary need is food.
So, you assertion about investing with savings is only true if you have enough to spare after meeting your primary needs.

And you don't need to force yourself to invest, if you think you're not capable enough to invest or put your assets at stake then don't risk it. I mean you could start by investing at yourself first, gain knowledge and study the techniques then you could apply those with starting in a small amount so if the time comes that you already have the money to invest, then you are already ready. For sure those who have a lot of needs in life thinking about investment, but due to financial need they are more focus on finding a source of money than studying the investment. Also crypto needed to be connected in gadgets since it's digital plus the internet so there's a lot of thing you need to consider before investing.
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