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Messages - Dr.Bitcoin_Strange

Pages: [1] 2 3 ... 68
1
Basic Questions about Cryptos / Re: Bitcoin or Etherum?
« on: Today at 05:48:23 AM »
Quote from: Aanuoluwatofunmi on May 22, 2024, 08:11:56 PM
but i will not support the decision for going for any altcoin without first investing on bitcoin
So many people believe that after you've successfully invested in Bitcoin, the next available option would be filling your bag with altcoins and that way your chances of profitability is increased, while this could be true in some cases when you purchase the right tokens and is able to predict the short-term performances of those tokens, this could also mostly lead to losses rather than profits as you'll end up buying one of these pump and dump projects that are all over the crypto space now, and end up losing HODLing till the token has already been dumped.

2
Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« on: Today at 05:37:37 AM »
Quote from: bayu7adi on May 28, 2024, 09:50:10 AM
Fraud in the crypto world will always exist because the crypto space is still very vulnerable and many people also lack concern about security. Making payments in advance without knowing what will be done with the money paid, is a big mistake that should not happen easily. Buying coins or tokens is normal in the crypto world, but buying coins and being promised a profit is a little suspicious.
This used to be the order of the day in the crypto world, especially when it has to do with buying and selling of crypto, naive investors were tricked into sending their bitcoin first before they can receive their money, or to send in their money first before they can receive their Bitcoin, and this has been used to defraud so many naive investors, and even those who have somewhat knowledge of Bitcoin and the crypto world, Hence the introduction of escrows and p2p services, but even im face of these services set to enhance the security of one's assets, people are still being manipulated and scammed of their hard earned money.

3
Basic Questions about Cryptos / Re: Is this the bottom?
« on: Today at 05:17:28 AM »
Quote from: JoyMarsha on May 23, 2024, 11:04:44 PM
Quote from: aminiloy on January 14, 2023, 10:56:35 AM
I am sure now this is the Bottom and BTC now gains some power.
From the time when this post was made around January, till this time "May ending", we can all agree that the price of bitcoin as of January is not the same now. Which will make me say that bitcoin has gained some financial growth.

The closing price of bitcoin in January was $42,500, and the current price of bitcoin is $67,300. There's a big price difference. What we are not sure whether bitcoin will fall back to the same price it was in January
Inasmuch as past performances doesn't guarantee future results, but we could still boldly say that Bitcoin has truly shown some remarkable performances, considering from previous cycles and even till today, it has managed to maintain that performance.

The problem is that people do not really understand the concept of Bitcoin, many consider and draw judgements and make decisions due to short-term performances, without realizing that Bitcoin isn't like other altcoins and should be considered for its long-term potentials and only then would one reap the actual benefits of Bitcoin and avoid making hasty decisions.

4
Basic Questions about Cryptos / Re: Are Bitcoins a good investment?
« on: Today at 05:08:18 AM »
Quote from: Aanuoluwatofunmi on May 25, 2024, 11:37:41 PM
In cryptocurrency we should know and have the understanding that bitcoin is the best investment we could accept and also know that it's also what is being made affordable for everyone to have right to use being decentralized, we can decide to make our choice of application on how wr want to make use of bitcoin and how we can also see many other opportunities in adopting for it.
Bitcoin is infact the only crypto asset I invest in, I've tried investing in altcoins in the past when I haven't realized that bitcoin alone had the potential to provide me with all the profits I needed, because if i had known from the onset, then i wouldn't have learned the hard way about how unstable or unsafe altcoins are, but my awful experience did prove to me beyond reasonable doubt that Bitcoin is indeed the only safe and secure option to consider, when it comes to crypto investment.

5
Cryptocurrency discussions / Re: Long-term planning is essential in crypto space
« on: Today at 04:53:51 AM »
Quote from: Jamal Aezaz on May 28, 2024, 08:08:33 PM
.
If someone invests for the long term then deep dip will not put any adverse effects on his ideas if he has control over his emotions. Long term planning is profitable if a planner applies the strategies which are necessary in such a long duration in order to be profitable.
Indeed the main advantage of considering one"s bitcoin investment for its long-term potentials is the fact that it gets rid of the effects and impacts of temporary market fluctuations and how it affects the investor, ( mainly the negative impacts).
Because it's easier for an investor to allow emotions set in when the market is going on a contrary direction from what you predicted or anticipated and this could compel some investors to make the wrong choices due to FOMO or other possible reasons.

But considering the long-term trajectory of your investment would indeed help to avoid these unnecessary tension and emotional outburst.

6
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: May 28, 2024, 10:17:43 PM »
Quote from: DAMKAR on May 25, 2024, 06:08:43 PM
You are right, for those who have been in and invested in crypto for a long time and persisted, they already believe in crypto and are making a profit from their investment. If they no longer believe, they will choose assets other than crypto to invest
It's always important for newbies in the crypto space to learn from the experience of those who have already been there for quite some time. This will help them attain some valuable and helpful information and insights in order to be able to gain a deeper understanding of how the market works in order to avoid making terrible mistakes that'll cost them unimaginable losses.

7
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: May 28, 2024, 03:10:53 AM »
Quote from: kulkhan on May 25, 2024, 11:40:37 PM
Quote from: UNIVERSE on May 25, 2024, 11:34:25 PM
Quote from: kulkhan on May 25, 2024, 09:38:16 PM
XRP, Dot, Pbr,  ltc i am holding and we know there are many Altcoin available in cryptocurrency market. If we collect proper Altcoin then we will be benefited there has no doubt.
I'm a bit surprised you are holding XRP and LTC. I think these altcoins aren't very popular anymore. LTC is an old altcoins that doesn't show a clear progress. Meanwhile XRP, this altcoin has a bad news previously, but they can solve it. However, it is difficult to understand and predict the potential of XRP in the future after the bad news. Honestly, I don't recommend to hold XRP, it is better to hold it for a short term holding.
Yes i also know about bad history of XRP but some days ago i saw a news XRP win the case of EFT from us cort. So i was thinked XRP price will increase. And then i was bought XRP in high price but then xrp price was abave $0.65.  I am waiting to recover my loss. And when it will happen then i will quite from XRP.
Winning one case doesn't guarantee that XRP would suddenly begin to grow in price. well yeah, it would appear that such victory would grow and make investors' confidence to become stronger and inspire other investors to consider investing in the project, which is actually a good way of boosting investors' optimism so new investors can also ce in, but like we already know, cryptocurrencies is full of surprises and things may not always go according to your speculations so while makking investment decisions, it's also wise to weigh the potential risks, and always remember never to invest what you cannot afford to lose.

8
Cryptocurrency discussions / Re: Long-term planning is essential in crypto space
« on: May 28, 2024, 02:58:58 AM »
Quote from: bitterguy28 on May 28, 2024, 02:38:17 AM
Quote from: Vx1 on May 27, 2024, 11:52:31 PM
Someone who invests in Cryptocurrency aims to make a profit, and of course, if possible, the investor hopes to get the maximum profit.
Of course, before investing, investors have thought about how long they will invest.  If their investment is in a crypto project that has the potential to be good in the long term, then they will definitely do that. 
plans are there and target as well but always ready for sideways or advance decisioning , because this market is unpredictable in which anything may change in a glimpse of an eye
Most definitely.
The crypto market is highly unpredictable and full of uncertainty and it'll be quite foolishness for an investor not to prepare for those days that things won't go just how you plan them.
It's pretty me okay to hope for the best but at the same time expecting the worst while dealing with crypto currency investment, especially for people who are into altcoins investments too.

9
Economics , Sociology & Politics / Re: Gold and Bitcoin
« on: May 26, 2024, 10:29:19 PM »
Because Bitcoin is more different from Gold and in terms of profit potential, Bitcoin can be profitable faster on a larger scale than Gold, which tends to have little profit. Bitcoin is chosen by many people who know it well enough for the reason that it is in very limited supply so there is an expectation of having a greater potential for a price increase when there are lots of people who own it and hold it for a long time.

While Gold is not like that because Gold is still very much in this world even though those who have it are also not small. But when the gold content is still in the ground and can still be mined by residents in every country, then the price of gold will not increase as sharply as ever happened to Bitcoin. So it's certainly very different and I think you've also picked up on that with some insight from other writers on the internet.

10
Cryptocurrency discussions / Re: Are you buying now?
« on: May 26, 2024, 10:18:10 PM »
For some years now I have been investing on Bitcoin, I have a plan which I follow in accumulating Bitcoin and I have been accumulating for some years now. I invest a good percentage of my income on Bitcoin at a regular interval and I will do it for a particular number of years.
I'm holding Bitcoin till it hits a million.

11
Cryptocurrency discussions / Re: Any advice for a newbie?
« on: May 26, 2024, 10:10:00 PM »
want newcomers to understand that not all threads are necessary here for them to discuss on, and that someone should do more research about something before bringing it up to the forum, even though you are not expected to do so as a beginner when you are also looking for a way to learn from the more experienced forum members. I believe some newcomers believe that creating a topic in the forum is a way of gaining karma but yeah it need to be meaningful, which is why I believe most beginners create threads Before they establish a post, this is why they perceive it as difficult when they wish to build a significant issue and then offer it that way, however I think some still lack guarding.

Although they are newbies, that consistently post meaningful posts to the forum. Despite this, however, karma's do not come from only forum contributions. In my opinion, exchanging thoughtful, beneficial suggestions is another approach to acquire karma that will advance one's rank.

12
Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?
« on: May 26, 2024, 09:56:42 PM »
Well it depends on the persons capitalization and it also depends on how much risk he can tolerate. As we all know that crypto currency market is volatile we can earn huge but we might loose big as well. If you are not a risk taker better invest a small amount only to avoid losses but of course do not regret if you did not gain big because of that small investment. So before you invest study first the market and think wisely how much you will invest.

13
Economics , Sociology & Politics / Re: Is money the real root of all evil?
« on: May 26, 2024, 09:47:03 PM »
Money is not the root of all evil, for me pleasure of life is the root of all evil, the reason why I said pleasure is the root of all evil is because the one reason we want money is to enjoy and have all the good things of life there by doing everything possible to make sure we have a the pleasure.
That same pleasure is the reason why people cheat in relationship and marriage just to enjoy the pleasure. So the pleasure is the real root of evil is not money that is why you can see a man who is very rich marries a woman and the woman still betray him  by running after another man just to have pleasure in another man's arm.

14
Economics , Sociology & Politics / Re: What boosts a country's economy?
« on: May 26, 2024, 09:31:12 PM »
Lets look at it from a different perspective as regardless of the government of a country diversifying her country's economy into different areas, they will still not yield a positive outcome if the government is been occupied by corrupt individuals. If you have studied the economy of most Africa country you can easily observed this statement above been very accurate.

The issue isn't that the countries aren't diversifying and investing into different sections of her economy but the corrupt politicians (only interested in enriching themselves) aren't ready for the progress of the country's conomy so as to keep the masses in poverty in other to win their votes when the next election approaches.

What brings the economy of a country down mostly have to do with the government of the day, as when the government lacks innovative minds in her cabinet to contribute ideas on how to improve the economy of her country, it bring the economy down. When corrupt politicians are withholding development so as to favour their selfish interest, it bring the economy down. I could go on and on but the point I'm trying to make is the economy of a country totally depends on the government as even the private sector tends to benefits when the government passes laws that encourages friendly environment for entrepreneurs to build on the workforce of a country.
So in all the government is the only reason a country economy will grow with a bad government the economy of a country will fall.

15
Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« on: May 26, 2024, 09:20:02 PM »
When it comes to cryptocurrency investment we should be very careful on what coin to buy and not to buy, one can lose all his money if he or she invests on the wrong coin, I lost a lot when I started my investment journey and that is why I advise and I choose only few coin I invest in my First choice should be Bitcoin the king of all digital currencies and after that Ethereum which will be going to make some crazy history according to analysis in this Bull run many of the investors are very bullish on Ethereum and many wish to buy it at the current time zone irrespective to the price. Besides that if we talk about the Solana Ecosystem which is also a very strong project and I have seen it at the price when I was trading on $40. If I had bought it at that time I may have made over 2x Profit haha but I did not buy it maybe due to my laziness or some other issues.

Well, Dear in my case I want to Buy Ethereum but I don't know why or what I am waiting for maybe I am waiting for some kind of correction to occur in the market and that seems me difficult for now as Ethereum is already very bullish and sitting at a high price. These projects you aforementioned are really well growing we will experience a good pump in them in the comming time.

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