Latest posts of: sapnu

As we continue here in the forum or here in the crypto world, we will encounter lots of mistakes that will surely be detrimental to our journey. As we experience it, we may loose lots of money which will be memorable for us and as we suffer, we should make sure that we learn for every mistake we make. If you would't take most lf it as a lesson learned, you won't be able to move forward and make progress. Many people get stucked in that system wherein instead of earning, they end up experiencing more and more loss. Be better every wrong decisions, stop repeating the same mistakes.

Quote from: Kabul on December 23, 2020, 04:57:42 PM

It is not as bad as you think. Right now, we have already surpassed the past all time high with an unbelievable momentum since October. Nothing is needed to be worried because many institutional investors are on the train and I believe they are not reckless enough to sell their bitcoin without having a decent reason. Trend is your friend. That is what I have learnt from my trading teacher. And charts have shown that bitcoin has enough power to continue this bull for at least another 6 months

It is not really about having bitcoin in a bad condition, we are just trying to avoid the crisis that occured last time bitcoin experienced a bull run. As you can see, the bull stayed for a while before it suddenly dropped down. We should still be smart and wise with our decisions and make sure you are investment at your own risk. Make sure that you are distributing all of your investments on cryptos that has the potential the same as bitcoin. Always be mindful with the market price so that you can avoid experiencing massive loss in the future.

I think you should see first if they have any interest about online investments and cryptocurrency because you wouldn't be able to go anywhere with your conversation with them if at the very beginning, they have no interest. Afterwards, you can start sharing the basics to them. You can introduce them to the forum since it is a good resource of reliable information but still, make sure to read everything carefully and avoid trusting easily. You can also tell them about other sources of valid info about crypto and after that, you can just let them be and see if they will explore more about it and if ever they would find it as beneficial, they will keep on finding new knowledge.

In terms of gaining knowledge about bitcoin, you should not cram it or scan infos about it. You should make sure that most of the resources you go through is valid and reliable so that all of the knowledge you'll get will be useful in your journey here in the crypto world. If you really want to know more about bitcoin, start exploring the forum and see some questions that you can relate with, through that all of the things you want to know about bitcoin will easily be found. As you continue, you should stay updated about the happenings in the crypto specially about the current prices in the market.

Quote from: GelatikKembar on December 23, 2020, 03:06:42 PM

yes, that's right, because many people also agree with this idea,
Ethereum is one of the best altcoins that is still worthy of being a competitor to Bitcoin,
but we already know that Bitcoin will never be replaced,
it's just that Ethereum can have great potential to be better than Bitcoin in the future.

For the longest run, ethereum was able to remain next to bitcoin. Too bad, it wasn't able and it wouldn't be able to surpass bitcoin even after many years. Still, it is one of the most known cryptocurrency in the world right now. It will surely take place on the top cryptocurrencies that will be legalized globally in the future. Just like with other crypto's value, it follows bitcoin's value wherein as bitcoin's value rises its value also rises so if you are investing on ethereum, analyze the market starting with bitcoin so that you may know the pattern.

Quote from: shivamtrivedi9090 on December 23, 2020, 01:23:07 PM

Can people consider bitcoin as a shield against the Financial crisis?

No doubt, during the unexpected Covid Pandemic when the world economy is shrinking and the global economy in recession time after the 2nd world war, the Crypto market was on its boom and proven itself as the best currency of the world. Bitcoin jumped above $23,000 to a three-year high recently as a growing number of investors backed it as an alternative to other assets. Investors take their look at the bitcoin investments and its long-term benefits. Many people around the world choosing bitcoin investments because of its massive success.

But in spite of all these, Is it really capable to recover us from Financial Crisis?

Bitcoin may help in terms of someone's financial crisis but during the time of pandemic, while it's still emerging, the value of bitcoin is still too low compare to what we have now that's why if you are thinking to use it as resolve in your financial crisis, it wouldn't be as effective as to what we have now. If you are looking forward to recover from financial crisis, then start finding a regular job. It might be hard for this time but that can assure you that you will regain all of your lost during the pandemic. Just be smart and wise with what you choose as a source of income.

Quote from: Michael63 on December 20, 2020, 11:21:12 AM

Are there people out there selling their goods and services that I can pay with bitcoin? I need some real places where I can pay with BTC without first converting to fiat.

In terms of buying goods with the use of bitcoin, there are very limited places where you can use it. As you can see, bitcoin is not yet regulated properly in every state so it is very normal to see that it is not being used yet in any country. Most of them still use fiat, we need to be patient because bitcoin has a lot more to achieve before it can finally be introduced to the world for real. There are a lot of things that needs to be considered first, the governments wouldn't approve suddenly about having bitcoin as a mode of payment and all we have left is to understand it and be patient till the time comes.

Quote from: pantek talacuik on December 21, 2020, 04:36:31 PM

Quote from: GelatikKembar on December 21, 2020, 03:47:33 PM

Quote from: ngocdhbk2 on December 21, 2020, 03:29:45 PM

all the success you have. I think we have to have the effort, patience, mind, brainpower, time, experience, passion that we have for it. we can make money in this crypto market. Therefore capacity is not enough to be successful.

as an investor or trader you must have experience, without experience I am sure there will be problems every time,
and if not strong, then the success you dreamed of will disappear.

That's right, but to get this you have to continue to study hard and not give up if failure comes to you. So it's time to try again from the failures you've ever made.

It is not about studying actually, it is about focusing on crypto investment knowledge. If you are going you say that it is about studying hard, it could be generalized into stuffs that deals with other things other than crypto. You should start analyzing the market more than the things that occurs outside that happens outside crypto. Your ability matters since it is what defines your hardwork, without it you cannot be considered reliable I think so if you want many people to merit you, make sure always that you invest and trade wisely here in bitcoin so that all of your time wouldn't go to waste.

Quote from: Lhaine on December 21, 2020, 03:41:57 PM

Quote from: ChiBitCTy on December 21, 2020, 03:25:47 PM

As others have already stated here, not everyone has the luxury of being able to hodl on to their bitcoin. Some people need theirs coins to pay for their every day lives. Also, only holding on to bitcoin is dumb if you want it to have a mass adoption. Bitcoin was created as a digital payment system. A payment system means that you actually have to use the coin to pay for every day items. Simply holding on to your coins goes against what bitcoin is meant for. I'm not sayin you should spend everything you own at all times, but don't just simply hold every bit of it...use some of it!

If you are in the time of need to take profit I don't think you will ignore that just because you want a long term investment when you know you already earn a lot of profit holding it today. Not everyone has a gots to hold it for long term. Other traders do daily trades because they want fast earnings and sure profit everyday unlike holdings . Holding give a lot of profits but honestly if you can manage a good daily strategy in daily trading you can even earn more than what you can earn in holding.

If you are planning to invest in bitcoin, don't think about profit that much, you should start reconsidering on investment. You wouldn't earn so much here if you would focus on earning profit and spending it right away. It would be wise to trade whenever gain massive profits from your investment. Holding is advisable if ever bitcoin's value is low but if its value is currently high like right now, holding is not a good idea since there will always be a possibility that the value will dump all of a sudden. Be wise and smart with your investment if you want to make the most of your investment.

Due to the history of bitoin last 2018, it is expected that many will still doubt bitcoin's all time high. Some will say it will start dumping again next year yet there are still people who will say that it will keep on rising as time passes by. In my own experience, when bitcoin suddenly rises last 2018, I made sure that I am fully aware of the things that might happen. There will always be a risk of having bitcoin dumping so in our current time's case, if you want your investment to stay safe, make sure you analyze the market each day. It will be worth it instead of just simply predicting.

If you want to understand more about bounty campaigns, it would be best that you explore more here in the forum. Try looking over in the questions that relates to the things you are looking for answers with. In my start here in the crypto world, to make much related posts, I wandered here in the forum and searched for the questions and topics that may answer all the things I am wondering about. Through that, I was able to make quality posts that helped me earn lots of money later wherein I invested most of it in bitcoin since I felt that there's a possibility that it will soon experience bull run again.

Quote from: NelfiNovita on December 21, 2020, 01:16:25 PM

Quote from: LeGaulois on April 24, 2019, 02:31:38 PM

Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

I agree with your opinion, until now the government has not been able to cripple bitcoin so that bitcoin is becoming increasingly popular. If there is a government that wants to ban bitcoin, but their efforts are in vain, the proof is that until now the price of bitcoin continues to rise so that more people will know about bitcoin this year.

Our country experienced before a crisis in bitcoin wherein the government attempted to shut it down because there are plenty of new saying that bitcoin is a huge scam. After a few months, the issue just faded away all of a sudden and it was forgotten by everyone. In that case, we can already see that most of the government in the world doesn't have control over bitcoin's domination. It was the ignorance that caused this commotion and it is not surprising anymore since the cases why bitcoin is getting near from being banned because people are not knowlegeable enough about this.

Those people who lost hope last 2018 are definitely hiding or lowkey investing or holding right now. Ever since the dump, many people doubted bitcoin and stopped investing, it is not surprising anymore actually, it's normal here in the crypto world to have people suddenly leaving when a coin or even bitcoin's value starts going down. For sure, most of them are still here. They just wanted to pull other people down during the dump so that they would not be alone in experiencing massive lost of money. If you are one of them, start rethinking and reflecting on how well bitcoin is going on right now.

I don't think that bitcoin is at risk of regulation since there are lots of big companies are now adopting bitcoin, primarily as a payment method since it is safe and faster than doing bank transaction or fiat transaction. But still there are lots of people who are still doubting bitcoin, there are still countries that are banning bitcoin and prohibiting the people to use it. I hope that someday those countries are gonna recognize bitciin as a good investment and a good way of payment method.

We are all indeed happy for the bitcoin as of now, as it reaches all time high $22k. And it is continuously rising up, they are thinking that it might hit $25k before this year ends and it is not impossible from happening since the price is already at $22k. For those who want to invest, they should wait for the time that the price decrease atleast a little bit. Investing or buying some bitcoin as of now is not a good idea since the price already at its high value.

For all the things that bitcoin showed us they still doubt it? I think those are the ones that don't know what bitcoin really is. We already know that bitcoin is a good investment and a way of making transactions since it is fast and safe. Those people are the ones who trusted bitcoin at first but they invest without knowing the nature of bitcoin, or maybe they are being scammed by the projects that need bitcoin as an investment and making a statement that bitcoin itself is a scam, which is not. It is the people who are taking advantage of the ignorance of others. That is why knowledge is important before making any move to create your money involving bitcoin.

I think that is the risky part that you have done, it is really a good idea to buy bitcoin but just by looking at its price, that's too high. We all want to make our money grow, why buying a coin that is on its peak, on its all-time high since it was created. If you know what's possible to happen, you may think that the price will go down in no time. Every trader or investor should know about buying low and selling high, but in the case that you bought bitcoin at its high price, that is too risky.

Quote from: Question123 on December 17, 2020, 04:49:12 PM

They have possibility that the price of the bitcoin will collapse or massive dump if the most of the people are start selling their coins which is cost a negative impact to the bitcoin price.

In 2018 the massive big dump happen to that year and I hope in the year 2021 it will not happen of what happened in the bitcoin which is dumping because the year 2021 is the rising again of the cryptocurrency.

We cannot actually predict when it will happen since BTC is volatile in terms of the value itself. As of now, the price of bitcoin slowly rising up and we are hoping that it will reach $25k before the year ends. It is possible to happen since the price already reached $22k, which is near to happen. Maybe that can happen just like what you said if there are lots of people who are holding lots of bitcoin already sell it, especially those whales, it can give a lot of impact on the price of bitcoin.

I think getting some loan is good for only doing or creating some businesses but investing it on crypto is too risky, even if you are that good investor or trader, it is hard to gamble when the money is not really yours, you just borrowed it, you need to pay for that. I think the best way is that you should save some money for now and then after that, learn some good techniques depending on the way of making money that you prefer, whether it is investing or even trading, so that you can secure that even if you lose, you have no responsibility or any liability for that. But because you study, the probability will be lessened.

Quote from: Xinarae* on December 18, 2020, 03:06:48 AM

It is not easy for traders to predict what percentage Bitcoin will grow in the next 5 years because the rise and fall of the crypto market is not fixed in one place. Prices increase based on demand and supply increases. However, it is expected that the price of Bitcoin will increase significantly this year and next year. In the last five years perhaps the current price will be higher many will rise and everyone like Fiat will start using Bitcoin in cash.

But still, we should keep believing. Because of the things that bitcoin shows to us, we should never doubt it and make our beliefs even bigger. Maybe there are some people who are regretting that they doubt bitcoin and saying that it will really dump but look how far the price of bitcoin reaches, hitting the all-time high since it was created. In the next 5 years, who knows what's gonna happen, I think I should wait again for the price of bitcoin to get a little low and the I will buy some and hold it for a long time.