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Messages - pacar_tiri

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Cryptocurrency discussions / Re: Crypto markets can exist without government permission

« on: April 24, 2024, 08:49:07 PM »

Quote from: doc on April 23, 2024, 07:23:59 PM

Permission from the government to protect its citizens and some to prevent money laundering. As far as I know, in my country we are only allowed to invest in crypto, not to use crypto as a payment method. In my opinion, permission is required, because after all, every country has its rules

Exactly, each country has its own policy. If your country has a policy that cryptocurrency is only used for investment then that's good enough. Because countries like China and several other large countries have policies strictly prohibiting the use of cryptocurrency for investment and payment methods.

Cryptocurrency discussions / Re: How do you invest safely?

« on: April 24, 2024, 08:45:20 PM »

Quote from: bayu7adi on April 23, 2024, 07:19:32 PM

It's true, diversification is very important... but never diversify into the same type of asset... for example, if you only like cryptocurrency, it's a good idea to also pay attention to other assets such as shares or bonds. As time goes by, you will find an appropriate risk profile for yourself in relation to the number of assets you own.

Cryptocurrency obviously has many types of coins, from meme coins to coins with high utility, you can buy PEPE or DOGE, but you also have to pay attention to other coins such as BNB or ETH and more importantly, don't forget BTC.

I prefer to keep assets in the form of Bitcoin, Ethereum and BNB. I don't want to buy meme coins in the form of Pepe or Doge which in my opinion have very high risks and no guarantee for a bright future.

Cryptocurrency Trading / Re: Fear or greed

« on: April 24, 2024, 08:39:36 PM »

Quote from: DAMKAR on April 23, 2024, 08:30:57 PM

If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.

That's right, that way we can still trade safely because we won't often see exchanges with lots of coins which are very tempting to enter. Investing all the money you have in bitcoin in my opinion would be better because it could give you a lot of profit if we can hold it for a long time.

Cryptocurrency Trading / Re: Do professional traders lose money?

« on: April 24, 2024, 08:20:22 PM »

Quote from: de_prof on April 23, 2024, 06:18:56 PM

You're right, trading in crypto requires risk management, because even professional traders have experienced losses but they are smart in managing the risk of the coins they own, by diversifying and being able to generate profits greater than their losses, that is the advantage of a professional trader.

That's true, but we have to remember that to get the title of professional trader, we have to have a lot of experience and of course need a lot of money to research several trading methods that can be used with proper accuracy.

Cryptocurrency Price Speculations / Re: Will Bitcoin reach 80k before April 30 2024?

« on: April 24, 2024, 08:04:09 PM »

Quote from: philipma1957 on April 23, 2024, 02:19:48 AM

we are moving over 67k maybe we get a good week and go over 70 k .

It would make 80k unlikely but possible.

The price of bitcoin seems to be remaining stable at the figure you mentioned, the sell wall at $70k is already very large. There are at least 300 Bitcoins that must be sold quickly to break through the resistance at that price. If calculated using USDT, it requires quite a lot of money, around 20 million USD to pump to a price of $70k.

Cryptocurrency Price Speculations / Re: What would be the prediction trend if Bitcoin breaks the ATH before halving?

« on: April 24, 2024, 08:00:54 PM »

Quote from: yohananaomi on April 23, 2024, 02:57:48 AM

If we look at the ATH before the halving, it is certainly beyond predictions, so there could be a fantastic increase, but what is the ATH for both? It is possible that what you said could reach $150K is certainly something that is not impossible to happen. Everything will be determined at the end of this year. How much Bitcoin can reach. If it gets higher, then the chance will happen.
With the increase in bitcoin, it is certain that altcoins will also be affected and will experience the same thing. Hopefully, they can make ATH twice as well.

Everyone's hope is that Bitcoin can reach a very expensive price, but we have to know that all these plans must get support from many parties, for example whales, investors and traders must simultaneously buy very large amounts of Bitcoin and without anyone selling it until price $150k then it will be achieved easily.

Ethereum Forum / Re: Ethereum ETF may come up if Bitcoin is successful. What do you think?

« on: April 24, 2024, 07:58:34 PM »

Quote from: bitterguy28 on April 18, 2024, 07:24:21 AM

Quote from: Mehedi72 on January 13, 2024, 05:50:04 AM
Agree with your option op. And for kind information, Bitcoin ETF is approved by the SEC and afterwards market experienced massive growth in price. And i think we may see ETF approval of ether in near future. And other topcoin might be follow the same way but i believe ether will make itself one step ahead among Other altcoins when it comes fo ETF approval after Bitcoin

Relax in too much expecting because there are sideways that may come along the way comparing to what is the success of Bitcoin ETF.
but if this happens for sure we will triple the price of Ethereum from this part .

The Bitcoin ETF happened several months ago, currently what all traders are waiting for is the Ethereum ETF, which they believe when the Ethereum ETF is approved it will make a bull run happen, as we know, the SEC always provides surprises for traders.

Cryptocurrency Price Speculations / Re: Green candle in bitcoin market!

« on: April 24, 2024, 07:52:17 PM »

Quote from: kulkhan on April 21, 2024, 07:49:35 PM

Green candle showing again after bitcoin halving. I think now we are going slowly to bull session. Bitcoin history tell us after bitcoin halving Bitcoin price increased huge. So we can easily think this halving bitcoin price will increase i have no doubt about it.

So i think gradually bitcoin market being positive and Green candle showing. And i think it will be continue till 2025. I believe within short time bitcoin price will hit $100k. So candle will green.

The bull run session probably won't happen this season, maybe it will happen next year, because usually like last year, the bull run occurs one year after the halving has occurred, so you can be sure that the bull run this time will follow its history like that.

Cryptocurrency Price Speculations / Re: Does the selling of bitcoin-backed shares have an effect on BTC's price?

« on: April 24, 2024, 07:49:32 PM »

Quote from: pawel7777 on April 21, 2024, 09:50:32 PM

Quote from: TomPluz on April 21, 2024, 09:15:05 AM
(...) As for me, the situation you mentioned above will not have a direct effect on the price of Bitcoin as it is the shares of that company that got sold and is not really the Bitcoin being held by the company in question. (...)

Just to clarify, I only meant pure supply/demand market mechanisms, not the psychological effect (such as losing confidence etc).

Let's try to break it down:
So what would happen if such dump caused the price of shares to go below the price of bitcoin (ie. they would be traded below company's market value)? If the arbitrage could be applied, i.e. new shareholders could force the company to sell bitcoins - then all is clear. But if new shareholders could not make the decision to sell, then the only impact on BTC price would be that some potential BTC buyers would choose to buy cheaper company shares instead (so reducing demand for BTC and causing the price to drop).

I can't think of any other factors.

Arbitrage seems to be very difficult to do because currently you have to look at transaction costs which are quite expensive which will make many traders who use the arbitrage method consider sending assets using bitcoin. If you buy shares in a cheaper company, it seems like only a few people will choose that because the profits they get are less than investing in bitcoin.

Cryptocurrency Price Speculations / Re: Will Bitcoin Really Go Above 100k?

« on: April 24, 2024, 07:46:48 PM »

Quote from: bounceback on April 21, 2024, 07:36:51 AM

Quote from: dekafee79 on April 20, 2024, 02:01:44 AM
For this season I see that bitcoin is showing good movement and is likely to soon reach the previous ATH, we should hold our bitcoin and wait for the top ATH to be achieved
Bitcoin currently have good movement but keep slowly for raising to higher price, stuck under new last all time high price on $73k last month and bitcoin still dropping around $65k. I think need longer time to see bitcoin potential will raise higher price or get back again lower price.
Seems moment for bitcoin raise new ATH still waiting few months later, have been two months after last time ATH bitcoin get difficult to wake up and difficulty break above $70k. Around three months later its ideal moment needed to see bitcoin break out new ATH again?

That's right, now I see that the bitcoin price exchange has also collapsed again. It seems that increasing the price of bitcoin has become increasingly difficult, it can be seen that the price of bitcoin is always stable at $65k to $70k. If it is always like this it will make market conditions stagnant.

Cryptocurrency discussions / Re: What's the biggest airdrop you've ever received?

« on: April 21, 2024, 05:28:53 PM »

Quote from: DAMKAR on April 13, 2024, 07:08:32 PM

Quote from: Mr. Magkaisa on April 13, 2024, 07:55:28 AM
- The only thing I can say to those who get rich suddenly from meme coins in a short period of time is if they are really lucky, because if they didn't invest to buy, they probably won't experience getting rich suddenly because the value of what they invested suddenly increased.

Sometimes I pray that I can also experience earning a lot from airdrops. The problem is that it is also difficult to hunt for legit airdrops. I have tried Berachain, but I am not updated on whether they are still active or if their free testnet has stopped.
Buying a new meme coin is an investment that relies on luck, that's my opinion. because meme coin projects are not projects that are needed in the crypto world. Even though some have succeeded in getting rich by buying meme coins, many have experienced losses. Participating in the airdrop is also not easy, and I don't play there because I have limited time and other activities

I don't think all meme coin projects have a bad image and can't even be said to be useless for the future of cryptocurrency. Meme coin is a token or coin that was created for fun and is even used by whales to carry out very large transactions.

There is no need to force yourself to participate in any airdrop, your work in the real world is enough to earn you a lot of money.

Cryptocurrency discussions / Re: If China soon welcomes crypto: strong bullrun?

« on: April 21, 2024, 05:25:21 PM »

Quote from: 0t3p0t on April 20, 2024, 03:46:13 PM

For now I think few cities only hosts cryptocurrency activities like Hongkong which is I think very open to crypto. I think they already approved Bitcoin and Ethereum ETF if I am not mistaken. But if China, Russia, North Korea and other communist countries I think it has huge impact in the cryptocurrency market but we all know it seems not possible right now. 😅

It's true, Hong Kong has approved ETFs, but China and several countries you mentioned are still adamant about prohibiting the use of cryptocurrencies in their countries and will never give any ETF permission for cryptocurrencies including Bitcoin. They are a very developed country with very good economic conditions. They don't want their country to be destroyed because they allow their people to carry out cryptocurrency trading activities which have the potential to make them bankrupt.

Cryptocurrency Trading / Re: Trading is not the only way to make money. Here is why!

« on: April 21, 2024, 05:22:07 PM »

Quote from: Doovla on April 20, 2024, 02:38:44 PM

Investing in projects such as pre-sale process or certain other sales before the launch on CEX exchanges, stakes from sites for directly transferred coins and campaigns on forums of various kinds are literally a very good option in the crypto world, even with a small amount in the wallet.

It's true, the risks involved are very big, but at least we have to do research before deciding to put the money we have into a new project. Don't trust too easily, we have to ensure very deeply, even down to the authenticity of the team behind the project they are building.

Cryptocurrency Trading / Re: Becretiful don't buy JUP (Jupiter) Gate.io

« on: April 21, 2024, 05:20:15 PM »

Quote from: bounceback on April 19, 2024, 06:51:28 PM

Quote from: Metha Wulandarin on April 19, 2024, 05:57:23 PM
This is the reason why I don't use CEXs like gate.io, the CEXs that I often use are Binance, Kucoin and BYBIT even though Kucoin has made mistakes and there were bad issues but I still believe in Kucoin.
Gate io is not recommended exchange because many time listed new coins with difference kinds of smart contract address with the real coins. Jupiter coins is not the only one altcoin listed by Gate io on the firstly but the use difference smart contract kinds because Jupiter coins currently when first time listing by Gate they not publish yet with their coins.
I use with top CEX exchange such as Binance, Kucoin and Bybit are listing new coins after official coins confirmation and update with their smart contract address. Its serious problem for some one interested buy with the early new coins listing on CEX exchange market and be careful for checking has right with smart contract network address?

It's true, the Smart Contract used by Jupiter is still confusing because in some exchanges it turns out there are those that have the exact same ticker name as Jupiter. So we as traders have to be careful and stay alert as much as possible so we don't buy the wrong coin. So far Binance and Kucoin are the best choices for trading.

Bitcoin Forum / Re: High fees is a never ending story?

« on: April 21, 2024, 05:17:29 PM »

Quote from: taufik123 on April 18, 2024, 06:21:12 PM

Quote from: Baofeng on April 18, 2024, 12:25:06 AM
-snip-
It will still be look that way, BRC-20 or ordinals or Runes, the same effect on the network. And for average joe Bitcoin investors, it's not like we wanted to see the fees going up again.
I don't know what the Bitcoin network will be like when the Rune Protocol comes into existence and it will be a memecoin Protocol for Bitcoin and more NFTs that own memecoins.

Now the lowest transaction fee is at 10 sat/vb and the highest is 79 sat/vb, but I hope it doesn't give a bad congestion effect like in the last few months before when ordinal and BRC-20 appeared.

Currently mempool transaction fees are still increasing after the halving, even a few minutes after the halving transaction fees became very crazy, I don't know for sure why it is like that, does this have an impact because miners are starting to restart the machines so that many miners are shutting down the machine and making it difficult for validators to execute transactions so that costs increase very high.