Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - Rubel007

Pages: [1] 2 3 ... 74

Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?

« on: Today at 11:03:41 PM »

Quote from: Dr.Bitcoin_Strange on Today at 08:54:05 PM

Quote from: dekafee79 on May 12, 2024, 02:54:51 AM
When investing, it's best to do it in lots of coins if you want to be successful in the crypto world. BTC is a favorite coin and safe to hold, but many altcoins make bigger profits than bitcoin. Everyone has their own analysis and strategy. Good luck
Diversification of investment is indeed essential but diversifying by jam-packing your wallet with lots of shitcoins won't increase your chances of profitability at all, it will on the contrary create room for the possibility of more losses.

I totally agree with you that if we don't choose the right coins to invest then there is little chance of our investment being profitable. There is no alternative to Bitcoin in terms of investment. Those who hold Bitcoin for a long time will surely get the maximum benefit from Bitcoin. There are some altcoins that will show promising results to investors in the future. Investing in coins that will give an investor a higher chance of long-term profit.

Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!

« on: Today at 10:57:30 PM »

Quote from: bhadz on March 07, 2024, 02:41:44 PM

So, take your profits if you've seen some and never miss and commit the same mistake again.

Sometimes it's hard to understand even though it's bull run. The current position we are facing is the same that Bitcoin price is fluctuate around 70K and is definitely in a bull run, the altcoin market is yet to see the expected results. But if one gets any expected return from his investment then one should take that profit and enjoy it. Because altcoins will not always behave the same. If the expected return comes within the specified period then it is definitely wise to take that profit.

Cryptocurrency discussions / Re: Do you still believe in old coins?

« on: Today at 10:47:45 PM »

Quote from: kulkhan on May 12, 2024, 10:25:39 PM

Quote from: milewilda on May 12, 2024, 09:59:18 PM
Quote from: kulkhan on May 12, 2024, 09:49:52 PM
Quote from: 0t3p0t on May 06, 2024, 07:13:48 PM
The oldest coin I've been holding is Bitcoin alone and newer ones are memecoins. I am still hopeful to reach my target to get a whole Bitcoin though I don't have timeframe to really have it but as soon as I have it I'll post it here. It's not that easy to have that challenge knowing that I don't have enough money or weekly Bitcoin income to fill it in but yeah it is the only oldest coin I have for now.
Old is gold it is true for this market i strongly believe it. We saw many new coin are coming and scamming and exit from cryptocurrency market within short time. On the otherhand old coin is trusted because old coin survive in this market face and overcome many stragle.
So i think odl coin is best. And i also hold some Old coin. And i will hold it till bull session.
We would be still welcoming those new coins which have new tech and features but of course those old coins or projects wont really be letting themselves getting left behind as we have seen that some of them are still continuing to develop or making out some updates. If it does work then why would be needing to be replaced? This is something a very common principle.
It is really just that people do love on engaging on new things on which we cant blame them off. They've been thinking that the market will flow through continously which its normal
but priorities will really be something that can be seen.
Obviously welcome for new coin. And all new coin are not bed. Some new coin are being established and some new coin's are getting lost. Acctually i want to say old coin Older coins are already ttrusted. But new coin need some tome to understand. So i preferred for old coin. And i also like old coin personally.

All the coins which are old have already survived in the market and in the future these coins will have a good impact on the market. Older coins have trust that newer coins may not have. However, due to the constant addition of many coins to the market, there is more dominance by newcomers. Although most of the new coins are out of existence for a long time, there are some coins that do well. I trust new and old coins with strong fundamentals and listed on good exchange platforms. But I have more confidence in old coins than new.

Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???

« on: Today at 10:39:49 PM »

Quote from: yohananaomi on May 15, 2024, 05:54:42 AM

Quote from: akeemqaz on May 15, 2024, 01:59:55 AM
It's very risky to invest in new crypto coins. Especially if it's a memecoin. Most coins are listed at higher value. I mostly set limit other like I did with GME on Bitget after seeing the pump. With limit others, you will be able to buy at a lower price instead of buying at the top.
Many are currently avoiding buying new coins even though we know that new coins promise very good profits, but because the reputation has been bad so far, no one dares to speculate and try to buy.
Many altcoins even have problems. Of course, it's not appropriate to try meme coins, of course, it's not really recommended for investment.
The principle of buying coins is that they have potential and, if possible, when the price is corrected, you will get the cheapest price. Even if not, it can still be used as an investment.

Although new coins are giving good returns, it is not the case that all new coins can survive in the market. There are many new coins where investing is risky. Where the money invested may not be recovered. Although new coins are risky, those who can take the risk and invest there can also gain in return. But I don't encourage investing in all of the new coins. Especially coins that have no basis in fundamentals. Better to invest in a mix of old and new.

Cryptocurrency discussions / Re: Would you buy TRUMP?

« on: Today at 10:33:23 PM »

This coin has been able to generate quite a lot of hype with the US elections which is coming up. Undoubtedly, investing in this coin can be profitable if Trump wins the US elections. But if he is defeated, then the opposite sign will be seen again. As the price of the coin increases, its value will also decrease rapidly. I don't want to trust mem Coins especially such coins that want to survive in the market due to some specific reason or event.

Gambling discussion / Re: Will you still gamble after suddenly becoming rich?

« on: May 18, 2024, 07:43:22 AM »

Quote from: SmartGold01 on May 16, 2024, 02:49:13 PM

Quote from: ajiz138 on May 15, 2024, 03:37:04 PM
Quote from: Dr.Bitcoin_Strange on May 15, 2024, 02:08:09 PM
Most definitely.
There's no limit to how much a person can lose in gambling, no matter how much a rich man has, if he chooses to gamble out of control then he is surely paving his way to poverty because he'll surely lose all his wealth if he doesn't stop and retrace his steps.
That's why I always say that a rich man who is addicted or struggling with addiction has even more to lose than a poor addicted gambler, because the worse that can happen to a poor gambler is to remain poor but that's not the case with rich gamblers.
So that's it, when someone has a lot of money, maybe they will spend more money on gambling, and when the person is poor they will spend less money on gambling, but it will still create difficulties even if they spend no more money. bigger than rich people.

Around me, I have never seen someone who got rich from gambling, that someone would experience difficulties when they gamble. And I think this happens in all environments.
I have came across someone who made fortunes from gambling and all of the sudden he wasted those resources back to gambling because of improper planning, he was thinking to have the total control of himself that he would still win a huge amount after using about 70 percent of his total winning from the site to stake back another game which is to give him about 10x from the previous winning he ended up wasting those funds just like and today he is trying to rise back but is not possible for him.

Even if a gambler wins in gambling, there is no guarantee that he will be able to enjoy his winnings. It is a common phenomenon in gambling that many of those who hit the jackpot get down again. But those who invest their winnings in some profitable venture can get good benefits from it in their calamitous times. People who do not use their winnings in gambling are more likely to lose money. Proper use of winnings is a major factor for surviving in gambling.

Bitcoin Forum / Re: ATH of bitcoin 2025 ??

« on: May 18, 2024, 07:16:25 AM »

As the demand for Bitcoin increases gradually, the price of Bitcoin will definitely increase. With Halving, ETF has added a new dimension to the crypto market. As a result we will definitely be able to see a big change in the price of Bitcoin. In 2024 Bitcoin passed the previous ATH and we may be able to see a new ATH by the end of this year which could be 100K or more. However, many people think that the price of Bitcoin will remain almost stable this year, but in the coming year 2025, Bitcoin may be reach to $100k to $150k.

Bitcoin Forum / Re: Bitcoin price speculation and analysis Thread

« on: May 18, 2024, 06:59:37 AM »

Quote from: kulkhan on May 17, 2024, 09:56:36 PM

Now Bitcoin in positive positions. After Bitcoin halving it was negative position but gradually it being positive. Now bitcoin price near about $67k. I think it will gradually increase and within this yeas Bitcoin price will hit minimum $120k. I strongly believe Bitcoin price correction has been passed. Now we will see Original creator of Bitcoin.

One of the major reasons why the market will be bullish is that the after bitcoin halving the price falling to 57k but did not last long. In a very short time it has turned upward again. Investor confidence and there is a big possibility of the market bullish to high after the halving until that happens we can definitely assume that the price of Bitcoin will increase. I expect a bullish movement in bitcoin price that probably reach to 100k or more in this year or next year.

Bitcoin Forum / Re: Why do people panic and sell their bitcoin when it falls in value?

« on: May 18, 2024, 06:41:26 AM »

Quote from: Aanuoluwatofunmi on May 11, 2024, 02:05:52 PM

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

If fear or apprehension works among investors in Bitcoin then there will be no investor confidence. As a result, the investor has the possibility of incurring huge losses at any time. There are some investors who become more panicked at the slightest drop at which point they sell quickly to cut their losses. Those who want to invest in Bitcoin with such tendencies they should not invest. If an investor invests in bitcoins with confidence and long-term planning, he may not make short-term profits, but he can definitely gain more in the long-term.

Bitcoin Forum / Re: Focus on knowledge, build up belief, then investment plan, success will come.

« on: May 18, 2024, 06:03:21 AM »

Quote from: bitmover on April 18, 2024, 07:33:55 PM

I didn't start to sell in this cycle yet, I plan to do so after we pass 80k. I hope we do soon

I think if the market crosses 80K then the market can touch 100K as well. And currently the market is standing at around 67K but there is not enough confidence due to which the market is increasing but it is decreasing again. But I confidently believe that the market will quickly turn bullish again. A bullish movement can be seen especially in the last quarter of this year. I am holding my investment and I will hold my investment until my expected level is reached.

Cryptocurrency discussions / Re: Notcoin On Binance 16th May.

« on: May 18, 2024, 05:42:08 AM »

Since the coin was listed on Binance, the price has started to fall. Market conditions are at a good level at the moment but not moving as per expectations. Moreover, we can observe a large correction in the price of Bitcoin at any time. The not coin has been listed at a stage where investors have been slow to invest. The coin has been depreciating ever since it was listed. No major changes can be noticed until the market becomes bullish.

Cryptocurrency Trading / Re: Just HODL

« on: May 17, 2024, 02:12:27 PM »

Quote from: Gurujebs on May 15, 2024, 07:23:50 PM

Quote from: akeemqaz on May 15, 2024, 02:42:15 AM
I maintain holdings in certain cryptocurrencies while simultaneously utilizing Bitget's smart portfolio feature to pair a portion of those holdings with Bitcoin. This allows me to accumulate more Bitcoin automatically if my altcoin holdings increase in value relative to Bitcoin.

Nice idea but accumulation shouldn't has happened on the exchange, do it on your own wallet, the one you can control and have power over. An exchange like Bitget is not even popular, if they disappeared today, you will have no where to run over to but keeping your coin on your personal wallet or in a hardware wallet will help you secure your Bitcoin.

You can use Electrum if you decide to keep only Bitcoin, this software wallet is the best and you can create one offline so your private keys don't get vulnerable to scammers.

Those who keep their money in an exchange wallet and lose that money, then he cannot survive on the investment platform. I held my investment in an exchange that I started investing and after few days suddenly got hacked. I was informed by that platform that my assets were frozen. They recover that money taking almost more than 3 weeks. To what extent an investor's attitude can go in such a situation only those who suffer can appreciate it. I henceforth do not recommend keeping my large assets in any centralized exchange. If it is a small amount then exchange platforms are good but for long term investment hardware wallets are definitely the safest.

Cryptocurrency Trading / Re: Saving... Investing... Speculating... Gambling? (Poll)

« on: May 17, 2024, 02:01:02 PM »

Quote from: DAMKAR on May 11, 2024, 02:45:50 PM

Quote from: bayu7adi on May 11, 2024, 09:18:27 AM
Quote from: dekafee79 on May 11, 2024, 05:39:14 AM
but actually at this time we don't really need that feature because when the price goes down we just hold onto our coins and the price will go up again.
It depends on the strategy applied for a person's trading or investment. Because if you think about it, the stock exchange would not include useless features, therefore the stop loss and stop limit features are often used by traders, especially daily traders who monitor prices every day.

Currently the price of Bitcoin is experiencing a correction again, there are still many reasons to hodl, and I'm sure some people have set their stop loss at a certain level according to the loss tolerance they can bear.
As a trader, I prefer to use the stop loss feature for my altcoins. This minimizes the losses that I will experience, because market conditions are still undergoing correction, so we have to be careful in this matter.

The market has been doing the stable attitude for a long time. It's trying to settle between $62-$64k but it just can't settle. I think it will correct again in 50k. Almost everyone who is an alt holder has set a stop loss limit. If there is any major change in the market then they will be safe there. Different strategies work for each trader. However, I am taking utmost caution in investing in altcoins at this time because there is a possibility of correction.

Cryptocurrency Trading / Re: How to buy Bitcoin in countries that do not have payment services

« on: May 17, 2024, 01:44:19 PM »

A few exchanges can offer good trading facilities for those who want to invest in Bitcoin. Some countries where cryptocurrencies are not legalized they can take the opportunity. Especially those who use Binance and KuCoin will get an opportunity to invest in crypto by doing P2P transactions. At those platform you can buy USDT first and then you can easily buy Bitcoins. These platforms have shown considerable efficiency in P2P transactions.

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

« on: May 17, 2024, 08:21:29 AM »

Quote from: Captain Corporate on May 14, 2024, 12:33:19 AM

Long term planning is the way to go without a doubt. If you could put aside even a small portion of your salary into bitcoin every month for 20 years, can you imagine how rich you will be? Nobody wants to wait 20 years to be wealthy but that is the most guaranteed way to make money. Obviously a lot of people will hate it, because they are too inpatient and that means they are going to sell beforehand, or try to get rich overnight with some x100 shitcoin that they risk. Just do what most people did to get rich and retire happy, invest into something way beforehand, and you will do fine on the long run.

Agreed and i also think for those who invest in cryptocurrencies only after informing from others, it may seem like a money income scheme only. But when they survive there for a while they realize the point. In order to survive in the crypto space and not just invest, an investor needs to acquire various types of knowledge. When the investor gets a good idea about the market, especially how to be patient during high volatility, what investors should do in bearish and bullish times and how to control greed, if they invest. Then the chances of losing there will be reduced ‍after that they can proceed towards their goals.