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Messages - dekafee79

Pages: [1] 2 3 ... 171
1
Cryptocurrency Trading / Re: HODLing Altcoins
« on: Today at 12:02:04 PM »

If you don't want to take high risks then you can invest in bitcoin, I would say directly to bitcoin rather than using the phrase cryptocurrency, cryptocurrency has many digital currencies which cannot necessarily provide profits and have small risks, but when I focus more to say bitcoin then it should be the best choice for long term investment because it has less risk
I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana

2
Cryptocurrency Trading / Re: Fear or greed
« on: Today at 11:59:54 AM »
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity

     -     That's why it's so important that we have plans. Like in studies, we have to study hard so that we can graduate in the end. That's why, when we want to make money in crypto trading, we must not allow greed.

Because most beginners who enter crypto trading are always preceded by greed, the ending is always losing or losing in trading because they did not learn and understand the movement in trading using indicators.
Yes, beginners who have just entered the world of crypto are mostly greedy and want to make as much profit as possible quickly. In the end they lost and that was a bitter experience for them. There is nothing instant in investing because investing requires research and making an analysis of the coins we are going to buy.

3
Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.
There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.
You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

       -    That's the only thing that is difficult in the centralized exchange when they find the transaction you made suspicious. It is certainly unexpected that the CX platform suddenly freezes your account.

Then invest in anything. In reality, rypto currency will not lose the risk unless you have no capital to use. There is no risk involved in that case.
If we make a transaction on Cex and our account is frozen due to suspicion, we should immediately file an appeal. If it's not taken care of. we will lose the account. Actually, I have heard this story several times, my advice is don't make large transactions.

4
Cryptocurrency Price Speculations / Re: What are the odds
« on: May 04, 2024, 05:05:42 PM »
that doesn't coincide with what they say "Sell in May and Go away. Walk away from the markets until October"
yep 5 months is always been the pattern in stock market but seem like this market is already being set and time is running out. i do hope it won't take this long for the price to go shooting to $100k already. 

the billionaires should start buying every time there is a dip like this.
There is no strong support from bitcoin whales until the end of this year, maybe the price of bitcoin will be very difficult to reach $100k. It is possible that next year bitcoin will return to high prices again if there is good news that can lure the whales to come in and providing support to the price of bitcoin again.

I think professional whales will never wait, but they will immediately act if they think the right time is ripe, everything has been thought through carefully by the big whales as to when to enter and exit the market
Even though whales are professionals, they also choose the right timing for entry, because for them all the steps they take are a business that must make a profit. so they always calculate every step. that's a fact that I've been observing

5
I agree with you that bullishness will happen again after the bitcoin halving. We should see what the whales will do with the market this season. As small investors we can only follow them. Take advantage when there is a moment to buy and sell.
In theory, there will be a big correction and sideways after halving. It is because most people prefer to sell coins during the increase of prices in the halving time. So when the halving is over, people won't do it anymore. And there is no good news again in the near future, so there is no factor to trigger the prices of crypto increasing gradually. As small investors, we must be careful of the whales actions. We need to follow their plans.

when will that happen?
last weekend bitcoin gave panic to its holders, it touched 56k$, but today's green candle has improved quite a bit, it is already at a price of 63k$, a fairly high increase in a short time, there will be a possibility that 70k$ will be reached by btc in the middle this month of may if there is no bad fud
It is possible that bitcoin will reach more than $73K this month, because of the fairly fast movement of bitcoin today. lucky for those who bought bitcoin at $56K, today he has made a profit when bitcoin reached $63K

6
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 04, 2024, 05:01:40 PM »
Their experience and knowledge is the only difference and not whether they will experience losses or not, because as I said, losses cannot be avoided by any trader, they can only be minimized.

What is quite noticeable is the difference in mentality. New traders who are new to trading are still haunted by fear and panic, while professional traders will be able to control that, because their experience will speak volumes when making a trade.
I agree with you, a professional trader can control his emotions. That takes experience. because not all traders have that ability, when they experience a loss or lose some new traders will panic, while professional traders will remain calm, because they get profits in other coins
In any case, self-control or self-management is something we need to have, whether in trading or in our daily lives. Because if we can control ourselves well then it will enable us to think clearly and that will influence the decisions we will take.

For example, if we cannot control ourselves and we become emotional, at the same time we have to make a decision, the decision we will take will be based on emotion, not based on common sense, because at that time our emotions have already controlled us.
Emotion management requires experience, because it is not easy to control emotions when trading or investing. Sometimes we panic when we see the market drop, but because of experience, we try to calm down and find out why? and make an analysis of this condition

7
I agree, to be able to get free funds to invest in crypto currency we can participate in bounties and airdrops. And do analysis before buying coins. If you feel confident, buy coins that have the potential to make a profit. This depends on your investment plans, short term or long term.
Exactly, currently there are many bounty campaigns and airdrops that provide assets in the form of cryptocurrency, even though we don't get too much, at least we get additional money from cryptocurrency that we can use for living needs or making long-term investments.
You are right that with bounty campaigns and airdrops we can get rewards for additional investment in crypto, even though it's not much, this can also help us get additional income if needed for living needs.

8
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 04, 2024, 04:07:48 PM »
Like the previous 4 year cycle, bitcoin will reach top ATH a year after the halving. so we should not expect much for a new ATH this year, I agree with your opinion that bitcoin will reach a new ATH next year, of course that is the top ATH. but the possibility that bitcoin will reach a price above $73K will also happen this year, so a new ATH will occur this year too, that's in my opinion
I remember when the tweet from Plan B that after halving 18+ it will reach ATH although this is not certain but I think it makes sense that after halving have to wait another year then the increase can be more than $100K.

We never know what happens in the future, because 2025 is more predicted than this year, but what is more talked about is at the end of the year.

At least I already have a target of $100K will release some bitcoin, then if the price is high will sell all of it.
Your plan is good, if you aim to sell your bitcoins when the price of bitcoin reaches $100K, and that will probably happen at the end of this year. In 2025 it is likely that the price of Bitcoin will rise higher and we will see Bitcoin's top ATH in this 4 year cycle.

9

That's right, according to what you predicted, cryptocurrency price movements in the market have improved again, currently altcoin prices are recovering again. Luckily for those who have bought at a cheap price because now they have definitely made a lot of profit because today's market has many green candles.
Unfortunately currently the market is back in the red, so we still have another chance to buy potential coins. but don't rush to wait until a deep correction occurs. This seems like a strange phenomenon, unlike previous halvings because ATH was reached before the halving and after the halving we see the market suffering
It seems that market conditions have recovered and currently the price of bitcoin is back in the green, this is a good opportunity to prepare ourselves to sell the assets that we bought when the price fell a few days ago. If we aim for a new ATH it will be achieved next year.
Many predict that next year Bitcoin will reach a new ATH, but I think that's just a prediction. Even learning from what happened before the halving, Bitcoin has reached a new ATH, this is out of the ordinary. So we should determine our coin selling target, we don't need to wait for the new ATH, we are afraid that you will be disappointed if the new ATH is never reached.

10
Binance Coin (BNB) / Re: BNB prices will go up
« on: May 03, 2024, 08:32:08 PM »
That's right, with the government not having the ability to control Bitcoin, of course,. is very fearful that if a problem occurs, the state will also be the one to bear everything, because it has wrongly implemented the rules it has made. So it's not easy to accept bitcoins to be used or recognized as legal payment. Maybe it doesn't prohibit trading, but if you want to use it, you have to use money that is legal and recognized by the government by exchanging it first.
Bitcoin is very vulnerable to information that occurs at any time and can change with the situation, even though trading is something that can make a direct contribution to Bitcoin.
Actually, there are many considerations from the government as to why it does not allow bitcoin as a payment method and only as an investment. because the government cannot control bitcoin and bitcoin is very volatile, this is difficult to use as a payment method because FIAT is more stable.
The government can actually control bitcoin but that requires quite a lot of money because so far it requires a lot of money to control bitcoin. Apart from that, the government also doesn't want its citizens to suffer losses because of the very unstable and very dangerous movement of bitcoin prices.
You are right,  dude.
the government could buy bitcoin and try to manipulate the market, but why not do that, because the government is more focused on using funds for development. And the government understands that bitcoin is very volatile, it is very difficult to stabilize the price of bitcoin.

11
Binance Smart Chain + Ecosystem / Re: What is BEP20 Token?
« on: May 03, 2024, 08:29:50 PM »
We should join and participate in the launchpad if it is profitable. because I think it's a good step from Binance as the biggest exchange to protect its coins and this is not a negative thing, even though it seems manipulative
If you have capital that is not being used in the near future then you can choose to participate in the launch of Binance, because that way we can get additional profits that can grow the assets we own.
Good advice friends, if we have BNB on Binance we can join the Launpad program there. because I also spend a lot of time on Binance for trading, apart from being a holder. because those two, trading and holding, are my focus when investing in crypto

12
Binance Smart Chain + Ecosystem / Re: Can this problem be stopped?
« on: May 03, 2024, 08:27:52 PM »
Now not only on the BSC network but on the BASE network as well but in a new way, scammers send a small amount of coins to a random address Maybe they hope to lure the person who has that address to make a purchase of their coins.
For new users, this may be an unusual thing but for people who have been playing airdrops or others for a long time, this is a common thing.
Well, I have also started trying the BASE network, there are lots of airdrops that we can use well. Some time ago I got RDAT, DOG, FRAME and Degen which use the BASE network, this is an extraordinary development in the cryptocurrency world because there are so many networks new ones are being created and competing to provide the cheapest and fastest transaction fees.
Many friends participated in the airdrop on the BASE network, but I haven't tried it because I don't have time to participate there. Maybe next time I'll try it. because currently I am more focused on trading and buying potential coins to hold

13
Cryptocurrency Trading / Re: Just HODL
« on: May 03, 2024, 08:23:58 PM »

That's right, we have to keep following the price movements made by the whales to keep making a profit, because if we go against the current that has been made by the whales it won't be possible.
Yes, by always monitoring the market, looking at the trading volume of the coins we choose, especially the top 10 coins, we will be able to see the movements of the whales. We can't fight the owners of large funds, whales will always manipulate the market. that's the reality of what happened
That is what almost all investors consider, always following whales, owners of large funds, in playing the market. because it is not easy for us to have our own analysis while whales manipulate market prices. Our analysis will be refuted, especially the phenomenon that occurs in shitcoins. The influence of whales is really felt and takes effect quickly.

14
Bitcoin Forum / Re: Bitcoin bull market correction drawdowns
« on: May 03, 2024, 08:21:39 PM »

This depends on the capital you use, when you have unlimited capital then learning to be a good trader and perhaps becoming a professional trader only takes a short amount of time. What makes us learn to be a professional trader takes quite a long time is the limited capital that we use.
Actually, large capital, if you don't have knowledge and experience in trading, is also very dangerous. because trading requires analysis and being able to choose coins that really have the potential to rise. If you have large capital without trading experience, it's best to become a holder, buy when bearish and hold.

15
It's like our very predictions of bitcoin reaching $80k in April are not coming to pass again as we are a few days away from April, to entering May soon.

As we all know, nothing is possible in crypto, the $80k might come into play in May. That doesn't mean majority will be selling at that price or will stop them from applying the DCA method of bitcoin
It probably won't be reached in April, but this year there may still be a chance to reach ATH at $80. Hopefully there will always be good news that can trigger investors to buy very large amounts of bitcoin, because so far the price of bitcoin will rise when demand in the market increases.
because that is the basic factor of market prices, if there is good news and demand increases, then prices will rise. although we haven't heard any good news but the price of bitcoin is back to $61K and hopefully it will continue to rise and reach $80K, according to my expectations

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