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Messages - DAMKAR

Pages: [1] 2 3 ... 145
1
Reading the news is a good thing to find out the latest information, your advice is very good. We must always be updated about the latest information, that is the function of reading. Like now we also hear that there is a War, this is also news that also has an impact on bitcoin at that time even though the price of bitcoin has increased again at this time.
It seems that the war that occurred some time ago between Iran and Israel did not have a direct impact on the collapse of bitcoin prices. This is the whale's way of influencing many people by bringing down the price of Bitcoin to a low price, which ultimately makes many traders panic and sell at a low price.
Yes, whales will always take advantage of the situation to drop the price of Bitcoin and make people panic. then they buy bitcoin at a cheap price, and when the price of bitcoin rises again they will make the price soar high and then sell it. that's how whales work.

2
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 04, 2024, 10:42:09 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare time

3

This should not be a mechanism of compulsion, but reasons for a conscious choice to pay such a tax. So far, governments are not providing them. Strengthening control and attempts to limit the cryptosphere will only lead, in my opinion, to the fact that crypto people will find ways to go into the shadows. Neither the crypto industry nor the state will benefit from this. The forcing methods that most governments now use in relation to cryptocurrencies will not achieve the result they claim. This leads to the conclusion that governments, in fact, are not interested in the implementation of the cryptosphere in other areas of life, but in establishing total vertical control over it for their own benefit.
You are right, the government is just trying to control crypto but in my opinion it can never be done. One way the government can do this is by taking taxes from crypto transactions on local exchanges, because this can increase government income. In my opinion, at the moment maybe some countries are not interested in adopting crypto technology, but I believe that it will happen in the future when everything will become crypto, because this is the technology of the future
If the government tries to take taxes for every transaction in cryptocurrency then it indicates that the government has succeeded in controlling the bitcoin market. But I see that in several countries, when withdrawing cryptocurrency and exchanging it for fiat currency, the government has implemented taxes in the sector using fiat currency.
By taking taxes from crypto transactions, it shows that the government has accepted the presence of crypto, although not completely. Because we can't use crypto as a payment method yet, but it is possible that the government will allow it in the future.

4
Cryptocurrency Trading / Re: HODLing Altcoins
« on: May 04, 2024, 10:27:27 PM »
Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.

In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.

Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.
Risk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yours

5
Cryptocurrency discussions / Re: Are you buying now?
« on: May 04, 2024, 10:22:33 PM »
If you have bought bitcoin when it was $59K, now you have made a profit because the price of bitcoin has risen to $61k, that's how bitcoin is. No one can predict bitcoin accurately. No matter how great the analysis, Bitcoin is still Bitcoin, because whales will manipulate the market.
That's right, currently the price of bitcoin has started to rise again and this should be the right time to sell some of the assets we own because we have already made a profit. It's better to sell it now rather than having to wait for it to get more expensive. So far there is no guarantee that bitcoin can rise again.
If you say there is no guarantee that the price of bitcoin will rise again, that's true. but for those who still have confidence that bitcoin will touch new ATH again, they will hold their bitcoin until the end of this year. You can sell it if you feel you have made a profit, the decision is all in your hands

6

This should not be a mechanism of compulsion, but reasons for a conscious choice to pay such a tax. So far, governments are not providing them. Strengthening control and attempts to limit the cryptosphere will only lead, in my opinion, to the fact that crypto people will find ways to go into the shadows. Neither the crypto industry nor the state will benefit from this. The forcing methods that most governments now use in relation to cryptocurrencies will not achieve the result they claim. This leads to the conclusion that governments, in fact, are not interested in the implementation of the cryptosphere in other areas of life, but in establishing total vertical control over it for their own benefit.
You are right, the government is just trying to control crypto but in my opinion it can never be done. One way the government can do this is by taking taxes from crypto transactions on local exchanges, because this can increase government income. In my opinion, at the moment maybe some countries are not interested in adopting crypto technology, but I believe that it will happen in the future when everything will become crypto, because this is the technology of the future

7
Cryptocurrency Trading / Re: Fear or greed
« on: May 03, 2024, 09:00:51 PM »
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

Greed will only be minimized if we choose some value for selling our coins and then do it on time instead of elevating the timing for the purpose of elevating revenue. Most of the people have lost the opportunity to sell at 73k$ because at that time their greed does not allow them to take profit and they wish to have more enhancement as a result of which they regret till now.

You will only be profitable if you minimize greed because greedy people can never be successful ever because their dreams never get completed and they wish every time to be more profitable.
That's the reality that happens, some people who don't sell their bitcoin at $73K, and hope that bitcoin will rise again, of course they regret it, because they should have made a profit and could buy again when a correction occurs like this week the price of bitcoin fell to $56K. that's greed, it won't make us think realistically and rationally

8
Dogecoin Forum / Re: Dogecoin for Bull Run
« on: May 03, 2024, 08:58:15 PM »
Indeed, the dilemma of meme coins is the instability that can occur, so many people avoid investing in them.
But Doge may still be reliable because its reputation is still quite good and is currently continuing to increase along with the movement of Bitcoin.
But I agree that everything is returned to the individual who wants to do it, because it must also be based on belief before deciding to invest.
Because the profit or loss will be borne by you.
Doge and shib are the most popular meme coins and still have the potential to be owned. So we can hold doge and also shib. Many say the price of doge will soar again, let's just wait
I think you are right, but I think for meme coins I only agree with doge, not anything else, because it is still too risky to hold them, especially for a long time. Look, now it's starting to be corrected and Doge is still holding up well and not going down too much, so I think Doge is still worth buying when there is a correction at this time. I think it is difficult for Doge to reach its ATH because it is not easy to break their last ATH, but it still has potential compared to other meme coins.
When talking about meme coins that have potential, I think PEPE has more potential because several times I saw PEPE trending searches on CMC. but if choosing a safe meme coin, I think doge and shib are good choices

9
I don't think I can earn much BTC from crypto forums. I focus on my outside work to earn extra income and use a portion of that income to DCA BTC + ALTS. This way is more efficient and generates more BTC than signature campaigns.

Why don't you try to use bitcointalk? You would be welcome there.
 there are good campaigns there  too. Both forums  became important extra income for me
Everyone has a way to earn extra, for now bitcointalk and altcoinstalk are good forums to earn income by participating in their bounty campaigns. There are also those who choose to participate in the airdrop and focus on trading. so they have their own way to earn income

10
Litecoin Forum / Re: Now is the best time to purchase Litecoin.?
« on: May 03, 2024, 08:52:19 PM »
The whole crypto market has crashed. Sadly the market has deteriorated a lot. The price of every coin has gone down. At the same time, the price of Litecoin has gone down a lot. So far, the price of Litecoin has dropped to a low of 162.47 dollars. Where we saw Litecoin crossing 410 dollars.

So I guess, now might be the best time to buy Litecoin.
If you have a difference of opinion, you can express it without hesitation.
I believe the crash that happened to Litecoin was the crash of price that happened around 2021 when bitcoin and other altcoins reached their ATH and began to experience a price decline, months later after their ATH.

I believe, there are investors who might invest in Litecoin because they thought that Litecoin would cross $410 again after it got reduced to $162.47 as of January 2021 when this post was made. While they didn't know that it wouldn't be so, and Litecoin wouldn't skyrocket to a higher expected price again till when another bull run will take place. Which we are expecting it to be between this year and next year when a higher price of $600-$1000 can happen.
If you predict the price of Litecoin will reach $600-1000 next year, isn't that a high expectation because the current price of Litecoin is $81. but anything can happen, I still hold Litecoin but I will sell it at $200. because I have made a profit from that price

11
Litecoin Forum / Re: LTC Vs ADA coin.
« on: May 03, 2024, 08:49:38 PM »
I chose both of them, even invested in both since last year. Both coins have given me profits and intend to hodl them more till next year, when they give rise to another ATH.

Ada and Litecoin are among the potential coins that if invested in, the investor is sure of the future again.

In the last bull run, both coins made many investors millionaires because they saw the potential in it and bought at a low price. Currently, the opportunity is here again, and many investors are either buying Ada or Litecoin as an additional hodl altcoins they have in their portfolio, so that once the altcoin season starts, they will be among those to make it in crypto
I also invest in both, litecoin and ADA. But honestly I prioritize Cardano ADA over Litecoin. Everyone definitely has their own considerations and analysis, and I also agree with you that we should have both because these coins have the potential to be held until next year.

12
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 03, 2024, 08:46:14 PM »
Bitcoin will touch what price at ATH 2025.
By looking at Bitcoin's movement during the end of 2023 and the beginning of 2024, can we predict what price Bitcoin will touch ATH? 
By seeing at the chart on coingecko and CMC, it seems that bitcoin will touch more than 100K USD.
After the ETF was approved, bitcoin fell..
What happened ??
But for now, bitcoin increase again.


Some days ago we saw neew ATH for bitcoin that was near about $73k. But within short time we saw bitcoin price huge down. We know 4th Bitcoin halving happened. And we know from previous halving history, after halving next year Bitcoin price increased so we can think in 2025 we will saw new ATH for bitcoin. I strongly believe within 2025 we wii saw new ATH for bitcoin.
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

13
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 03, 2024, 08:43:08 PM »
You are right, gambling is a game that depends on luck. Different from trading, trading requires experience, analysis and always monitoring the market. If you have good luck, it's best to trade. because this is more realistic.

Gambling requires experience, analysis if you love doing sport betting and of ofcourse luck and trading requires the same as well but the level of certainty in winning them is different, you can't open a bet and open a trade and expect to win something from each of them, you are likely to lost gambling before you lose money on trade.

If I'm to chose any of the two, I will chose trading before gambling because the lost in gambling is less and money can be made as profit if you don't sell. While in gambling, you don't have that kind of chance.
I am not a gambler and have no experience there. I'm just a trader, and that's not a professional trader. just an ordinary trader who trades when the market improves and the possibility of making bigger profits. As far as I know, gambling depends on luck and experience, while trading requires good analysis and knowledge.

14
Ethereum Forum / Re: Reason why you hold Ethereum
« on: May 03, 2024, 08:40:37 PM »
If ethereum is replaced by BNB, surely many people will agree because the transaction fees are cheap. but remember, many big investors still believe in ethereum over BNB because ethereum is decentralized. And we know, BNB also has the opportunity to compete with ethereum because the BNB network also has advantages compared to ethereum.
BNB can never replace Ethereum, because BNB is nothing more than a copy. If all ETH traffic passed to the BEP network we would have the exact same fee and congestion problemsergo, it makes no sense to change horses to ride a mule, we would only make things worse and it doesnt seem wise at all to memy opinion
I agree with you, it looks like BNB will never replace ethereum, but solana seems to have a good chance as a replacement for ethereum. Even though Solana has several problems that the dev team needs to fix, such as experiencing shutdowns when traffic is high. According to my analysis and predictions, Solana will be the next ethereum

15
If we had also considered this recent bear before the market begin to pump few days from now, some would have sold their asset as a result of dear of missing out, this is what we always use in encouraging newbies that they should not sell when the market dumps because they will loose, i stead they will have to hold and wait till the market pumps just as we are seeing now.

Well, always in market speculation things are like that, the best thing was to sell at $773lk and have bought right now at this time, because I would have gotten quite a few satoshis and that is more profits, of course we are people who are always going to consider do things better, when we are generating more satoshis that is equivalent to more money in the future and that is enough for any person to live well and even in luxury, then given that things with bitcoin occur at this level, then each one We know that opportunities must be appreciated, of course , I have no idea at this time what could be influencing the price so that it has dropped so much , but if it is a natural correction, it means that things are going very well.
what happened in the last few weeks when bitcoin seemed to fall drastically, it was just a correction because now we see the price of bitcoin rising again. This is a good thing for crypto lovers especially for those who still hold onto their coins. If you have sold at $73K, you should buy again because it is possible that the price of bitcoin will soon touch a higher ATH than before

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