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441  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: October 12, 2023, 04:57:27 PM
Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 
I also think like that because from some of the humans I see around me right now it is absolutely certain that what destroyed them was their own greed. Not another characteristic so it can be concluded that greed is the key to destroying all the dreams desired by every living human being, because when a person cannot control his emotions and the income he has earned, that is when he will continue to make mistakes so that whatever he gets is not there will be enough for him.
442  Other / Beginners & Help / Re: I'm a newbie and i don't understand how this forum works. on: October 12, 2023, 04:49:21 PM
Good day everyone, I'm still a newbie to this forum and I'm yet to understand how the platform works, and I'd like to get helpful tips on how to get started, so I'm asking the senior members of the forum for assistance.
Welcome to this forum OP, and it is very appropriate for you to ask here because in Beginners & Help there are several topics that have been pinned which are some topics that really need to be read by everyone, especially by beginners like you . So it is part of the procedure and help for everyone so that you can also read it and start to understand it slowly until you can really understand it. Because here everyone also studies diligently enough to be able to find out things that are still difficult for them to understand.
443  Economy / Speculation / Re: Share your opinion on the market. on: October 12, 2023, 04:39:14 PM
Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.

I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.

This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.
444  Bitcoin / Bitcoin Discussion / Re: This is my plan. on: October 10, 2023, 11:53:54 AM
Your idea is not too bad. I like your idea very much because there are many people who want to invest in Bitcoin but because of their financial position, many people think a lot before investing. But you are saving a little for your investment even in your small earnings. This is very encouraging to those who want to invest in low income and what I think is the best idea of investing in low income.
The idea is actually quite simple, because anyone who wants to invest in Bitcoin for the long term, anyone can do so by separating the money they need from the money that will be used as their own investment capital for Bitcoin. Regardless of the amount of income each person gets for this, what is clear is that this idea will always work if we ourselves have the intention to make it happen in the simplest possible way and one of them is by separating the money for daily needs from the money that will be used as an investment.

In order to invest here, it is important to have income as well as knowledge about bitcoin. Because I have seen many people in real life whose income is very high. But they have never invested in Bitcoin e. They have found other ways to protect their money.
So not everyone invests in bitcoin e. Only those who have faith and good knowledge about bitcoin always keep their bitcoin investment money separate from their money.
Not everyone has the same desire in investing so people who do not invest in Bitcoin, while they have a very large income and know how to protect their own money are people who simply do not have the desire to invest in Bitcoin so they also should not be considered as the wrong person because basically they also have their own way of managing their own money. Apart from that, it could be that they are also hindered by their level of knowledge about Bitcoin which is still very little so that their trust in Bitcoin is still not that much and this causes their confidence in Bitcoin to still be very thin.
445  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 10, 2023, 11:03:20 AM
The connection between gold and bitcoin (BTC) as stores of value is obvious, and the demand for BTC as a digital store of value was a big reason why the cryptocurrency grew in popularity, crypto services provider Matrixport said in a report Monday.
Bitcoin’s market capitalization is $540 billion, equivalent to 10.8% of the market cap of physical financial gold, Matrixport said, adding that gold exchange-traded-funds (ETFs) are valued at $200 billion. Read

When this becomes more clearly visible and can be felt by many people, new people who don't have Bitcoin and already have gold should be able to take this opportunity as their new choice for storing value and also for making profits. Because Bitcoin is not only suitable for storing the value of everyone's assets, but is also suitable for investment with better profit targets, so this is what differentiates physical gold from Bitcoin on the exchange.

Currently, I am still quite interested in these two assets because in my place physical gold is still seen as a precious metal with a very stable price on the market, which makes everyone still quite confident in storing value in physical gold. But on the other hand, I also like Bitcoin as a very good investment for the long term which is not only suitable for storing value, but also for increasing the value of everyone's assets.
446  Bitcoin / Bitcoin Discussion / Re: Bitcoin can change lives on: October 09, 2023, 06:38:43 AM
I guess you do not understand that the days of such quick multiplication is over. That was the “early birds” time, and it’s common with any investment that investing early gives you a higher return chance. As time goes, Bitcoin’s growth will become slower and slower. It’ll definitely keep growing but will not be like back then when it was a whole lot cheaper.
Even though the growth of Bitcoin that you see now seems slow in the market, it could turn out to be faster because in the past Bitcoin has also grown more slowly. However, this does not last forever because faster price growth changes can still occur in Bitcoin, and it is very natural that investors who invest early will get higher returns. Because they have long risked their time by being patient on the investments they made earlier.

It is true that Bitcoin can change lives. Bitcoin has also changed my life. Ever since I came to know that there is a digital currency called Bitcoin, I have been buying Bitcoins with some money from my earnings. A few months later, when the price of Bitcoin went up, I sold it. And I went from poor to very rich.
You can continue to apply this to yourself, because if you buy Bitcoin just once you can change your life and become rich, just imagine if you buy Bitcoin many times and you can continue to make a profit from your purchase. Maybe you will be much richer than now, although everyone also has to hope for luck after buying Bitcoin because not everyone can make a profit at the same time on Bitcoin. So apply this as much as possible so that you can continue to be rich and not become poor again in your life.
447  Economy / Speculation / Re: Does bitcoin price increase after halving? on: October 09, 2023, 06:20:35 AM
This indicates that the four -yearly cycle will produce a new price leap before reaching ATH, as happened in ATH before on Bitcoin. Halving is only a trigger and although there is no certainty about the increase, but from some previous experience when Halving arrives Bitcoin will experience price improvement even though there is a correction process before or after. It is important to make its own small analysis first and if the scheme shifts like some predictions we have other strategies for the problem..
Sometimes some people never prepare other strategies to deal with price corrections and increases due to the effects of the halving or afterward. So doubts among some people still often arise regarding trusting the new ATH in Bitcoin even though everyone has trusted the halving because there is a lot of evidence that they have seen in the past on Bitcoin.

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Halving series will continue to occur when the cycle runs and is not the end for those of us who want to be involved in investment. If you want to benefit from the cycle, the step that needs to be taken is to find a gap to continue the purchase when having money. Can also use DCA strategies as many people do today, the point is how we can take advantage of all possibilities to benefit.
Considering the ongoing series of halvings, only one option should be available to each person and it does not need to be considered much more. This is daring to buy after having money, because there are many people who have money now but not many people dare to buy Bitcoin at this time because they may still be afraid of the presence of a big correction before a big increase after the halving or before the halving. So what you have to have now is the courage to buy Bitcoin with any strategy before the halving occurs in the first quarter of next year.
448  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 09, 2023, 05:30:23 AM
We all know that US borrowing heavily. There are a lot of information on US debt on the Internet. Just to make it short, I will ask few questions:

What do you think, how this situation will be resolved? What did happen to any other nations who had huge dept in history? Is there any ways offered by economists to resolve the situation?
The situation will be resolved based on an agreement from both parties before borrowing money is made or carried out by countries that need money from the US. So it seems like it would be a waste of time if we thought about that, because economists also have strategies that they will carry out through anything, including through borrowing money. This will be resolved in accordance with the initial agreement of each borrowing country because the US also has a mission to lend money to countries that need it.
449  Economy / Trading Discussion / Re: Trading can ruin you on: October 09, 2023, 05:16:04 AM
Most people talk with their sweet words, even though inside it seems like there is something hidden behind being a trader. Therefore, we should not be immediately tempted to make easy money from trading. so the first thing that needs to be considered is knowledge and after that we can seek experience from real trading, and after that I am sure we will get improvements in trading, so don't rush, or we will fall into gambling.
Everyone who wants to become a trader really needs preparation such as knowledge about trading and also knowledge about the market and knowledge about the assets in the market so that someone can start wisely after knowing all these things very well. Because without sufficient knowledge, someone might make the wrong step in starting trading, especially if someone wants to trade based on someone else's invitation to an asset. Maybe he would be trapped through this if he didn't explore the knowledge of what was offered to him by other people.
450  Economy / Trading Discussion / Re: Do you believe Technical Analysis? on: October 09, 2023, 05:06:36 AM
Price movements make us analyze, so that we can read something that will happen from the price movements that are formed. Even though it's just a prediction and of course it can be wrong or right, we need anticipatory steps. Therefore, technical analysis is needed to get around this. Technical analysis can also be done by placing available indicators, and of course we must be able to master the use of these indicators, to be successful.
Not everyone is able to master each of these indicators even though they can analyze them technically from charts that have been formed in the market. I am still a little overwhelmed in analyzing every indicator in the market because the potential for error is much greater than the potential for error, so this needs to be studied thoroughly through people who have really mastered it quite well. Because things like that are always difficult for anyone to get around because they are related to price movements in the market.
451  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 07, 2023, 11:21:10 AM
Most of us hope to have large initial capital to start a business, but we have to understand that if we are new and starting a business then the best thing is to start with small capital, if we already have experience and business prospects are very promising then we can get capital large ones by borrowing or creating shares so that it can be easier to convince investors.

Indeed, there is no harm in starting a business with small capital as long as the business can run quite well, because there are many businesses that fail to develop with small capital after running for several months. Every business will definitely have competition so business owners must also research this while keeping their business running well, meaning that support with large capital will actually help a business to develop more quickly if the business owner has better knowledge about marketing.

Capital loans to run a business are good, but this also does not guarantee that a business can immediately progress even though the owner already has a lot of experience in the business field. Because directly he has to comply with the loan rules which basically must always be repaid every month so that the business owner must be able to stimulate better sales every month because he has been pressured by the capital loan by continuing to fight market conditions which often change uncertainly.
452  Economy / Speculation / Re: Bitcoin - what are we expecting for the rest of 2023? on: October 07, 2023, 10:19:05 AM
The collapse of usdt will lead to another market collapse. It is the biggest stablecoin on the market. The crash of TERRA ust led to a prolonged market crash and nobody bought bitcoin. I think that if something like this happens again, we will be in a long bearish cycle again.
If USDT really collapses, it is very possible that worse things will happen in the market because considering that there are so many cryptocurrency pairs with USDT now that it can indeed affect worse conditions in the market. Apart from that, all cryptocurrencies also have to find partners with new stablecoins so chaos could very well occur and I don't expect that to happen at all because currently there are still quite a lot of USDT users in the crypto space.
453  Bitcoin / Bitcoin Discussion / Re: I choose Bitcoin on: October 05, 2023, 08:05:51 PM
Making a choice to invest in bitcoin for a long-term investment is not a bad idea. This l will say concerns this very period when the bitcoin halving is coming where you have the chance of making profit considering the bitcoin record. However, it may not be like that all the time. So you have study the bitcoin record and watch carefully how every situation of bitcoin is going before you make such investment. You can also make enormous research for other things best to invest in before you engage in such.
I already think that investing in Bitcoin can be done at any time without having to look at a certain moment if we want to run it in the long term. But if it is only for short-term investment, it is not wrong if an investor looks at certain moments such as the halving example with a better profit target. But if the investment is to be carried out in the long term, there is no need to wait for a certain moment to make an investment, because it can be done immediately at any time as long as someone has the knowledge and ability to do it.
454  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 04, 2023, 10:41:09 AM
Basically, we have to live a lifestyle that is in accordance with our income and of course we can enjoy it, sometimes what makes things difficult for us is a lifestyle that is not in accordance with our income. However, we can change the economic situation, as long as we can manage our income and expenses well. When income rises, expenses should not follow so that there will be a lot of remaining income that can be allocated to invest so that we can improve our lives in the future.

It's actually very simple to live life even though your income is very uncertain, because suggestions like what you said can also be very reasonable for everyone who wants to live a comfortable life without excessive burdens. Examples include establishing a simple lifestyle even though the income is large and sufficient to continue following a modern lifestyle.

But people who are smart in managing their finances will definitely not easily spend all their money into their lifestyle continuously if they know to put that money into more useful things such as investment and business aspects. This means that those who are smart in looking after their money will always make considerations when they want to spend their money on something so that they can continue to live more comfortably without feeling the burden of excessive difficulties in their own lives.
455  Bitcoin / Bitcoin Discussion / Re: My regret for not adopting bitcoin earlier. on: October 04, 2023, 10:10:37 AM
If nothing else, the price of bitcoin since 2013 is enough reason for one to regret if he is not holding even 0.1btc in his wallet, whether mistakenly or as an intentional act. Since 2013 till now, the price of bitcoin has done more than 1000% and more to come.
If you knew that long ago, you shouldn't be too late to enter this forum so you can see and discover more new things about Bitcoin through this forum. But that is not a problem for anyone, because when someone knows about this now, at least there is a special consideration for continuing to own Bitcoin and buying it gradually without the slightest doubt. Moreover, the evidence is also very clear that Bitcoin can increase a lot after more and more people start to like it like now.
456  Economy / Speculation / Re: Bitcoin October Month Performance on: October 04, 2023, 08:39:28 AM
The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.
Currently the price of Bitcoin still tends to be the same even though the price experienced a brief increase in the last two days. $50K is too big a price prediction for this year so it will be quite difficult for Bitcoin to get there because currently the price of Bitcoin is still below $28K, but if the prediction is for a price of $30K I think it could be quite logical for Bitcoin to reach again. Because everyone also needs to see how big the Bitcoin percentage is when it decreases, not just look at the percentage when it increases.
457  Economy / Economics / Re: Early Retirement [Pros and Cons] on: October 04, 2023, 07:07:38 AM
You proved yourself why this is a subjective topic. Think! The number of early retirees who seek jobs which you mentioned are part of the minority while the majority are completely happy with their decision and won't come out of retirement.
The majority of people who are still happy with their decision not to come out of retirement are considering their own age, which may no longer be suitable for working like younger people. So the majority still have to be grateful for the things they have got and enjoy their pleasure with their current life, while those in the minority are still looking for work when they retire because they don't have enough money to continue living in conditions like now, so they are forced to to look for work to be able to meet their own living needs at this time.

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Also, this isn't the first time that inflation became a thing and the global economy is already recovering which you clearly failed to observe.
If inflation and the global economy have begun to recover, this is actually quite good for those who are very vulnerable and have often felt the effects of inflation and an uncertain economy during this time. Because I believe that some people who are really ready to face any problems in their lives - really don't really think about and observe the problems of inflation and the global economy so that some of those people don't realize that inflation and global economic problems have recovered.
458  Other / Beginners & Help / Re: Do I need a mentor in my bitcoin journey. on: October 03, 2023, 03:47:46 PM
I have made a bold decision to start my bitcoin journey. But just like every a new born baby needs close care and attention to grow I really don't want to make a mistake in any thing I am doing. I have this question to ask.  
''Is it advisable to to have a mentor who I can always go to as a newbie in the crypto space or I should rely all my knowledge on things I read online for my growth.

I don't think you need to spend more time looking for a mentor who will teach you about the world of crypto, even if you intend to pay for it, but I'm not sure that someone will teach you everything about things related to the world of crypto. So it would be better for you to get used to reading everything you don't know about via the internet. Even though it may be a little slow for you to understand, at least you can maintain your privacy with other people regarding matters related to the crypto world.

In the crypto world, everyone needs to take care of themselves quite well and maintain every equipment they use very well for better security, because it is not recommended for everyone to reveal everything to the public. Moreover, if your goal in learning about the world of crypto is for money, there certainly won't be many people who want to teach you for free, unless you yourself make questions in discussions like this via forums.
459  Other / Beginners & Help / Re: Some Trading Strategies You Could Be Ignoring on: October 01, 2023, 01:01:16 PM
DCA 100% is the solution. Buying on dips and basically saying you can time the market will result in huge profits. Apart from that, don't invest all your savings in cryptocurrencies unless the fundamentals are guaranteed in Bitcoin. because diversity is the best hedge to spread it, stock market, property, precious metals, business, etc. because one day cryptocurrencies might crash massively and never return to their highs, who knows (but for bitcoin I don't doubt it)! if you have spread your Investments, you will still come out ahead! diversity, diversity is the key!
There is nothing wrong with investing in various places as long as these places are good places to invest, as are the assets that we choose to invest in in the long term. For example, Bitcoin has become the single best cryptocurrency of all time to take as a future investment, as well as precious metals such as gold which are still quite famous and still believed to be a pretty good hedge. And for other things such as shares, property and businesses that can be promising also have to be researched quite well because not all of them can be promising enough to achieve profits.
460  Economy / Trading Discussion / Re: Trade only Bitcoin on: October 01, 2023, 12:31:31 PM
if you have a lot of capital to trade. Go ahead, I'm sure even at the current price which is still at least 50% below the ATH, Bitcoin is still very expensive, even very few of us own one Bitcoin. If we invest there, of course the movement will take a long time based on the number of Bitcoin holders now. I don't think it's wrong to use other altcoins in trading. it will be much quicker to earn than having to trade with bitcoin only.

What I don't understand is why you even suggest altcoins for trading, because often I see that altcoins also find it very difficult to get an increase in price when Bitcoin doesn't move very well in the market. You should not assume that currently very few people have one Bitcoin, because I actually think on the contrary that currently there are probably many people who have one or more Bitcoins that are stored well without being told by many people or their own environment.

I also wouldn't say it's too cheap for the Bitcoin price at the moment even though the current price is still 50% below the ATH, but for those who have enough money to buy more than one unit of Bitcoin, I wouldn't say that the current Bitcoin price is still quite expensive. Because those who usually say it's expensive are people who don't have enough money to buy it, so they still tend to look at other options such as altcoins, even though the potential profit through altcoins is also not guaranteed.
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