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1
Cryptocurrency discussions / Re: Are you buying now?
« Last post by legend45 on Today at 05:40:20 PM »
The current market conditions are volatile so investing at this point may seem more risky to many. But this is an opportunity for those who want to take risks. And for those who are following the DCA strategy, this is not an opportunity but a regular job. I think the ones benefiting the most from this bearishness are those who doing DCA. If the market turns bullish again in the next few days or if it takes another 1 month, no problem, the bearish market is acting as an incentive for those who are doing DCA. I am still buying and will continue to do so until the market turns bullish.
I've been doing DCA to buy bitcoin since last year, and currently I'm just buying some potential altcoins from the profits I made when bitcoin reached its ATH at $73K. Maybe many people do the same thing, but there are many different ways they do it.
2
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« Last post by legend45 on Today at 05:38:13 PM »
The market is absolutely always cyclical - everything +/- repeats itself. Alas, few people see it or realize it, and that's important as far as I'm concerned.

P.S. In any of the scenarios, you should stick to risk management. Only in this case you can save your invested funds. Otherwise, the market will punish. I have always written and will continue to do so, don't forget to lock in your income.  8)

Taking profit whenever the time is right is what I always suggest as well. I don't think that a person should keep holding their assets even if the prices are favorable and they can get decent profits on their investments, even if they don't sell everything at once, they can at least sell a portion of their holdings to get some profit and then keep holding the remaining assets just in case the prices go higher in the future.

Some people say they wouldn't sell at all even if the price goes significantly high because they believe there will always be better prices, I don't like that, and I believe it is better to take profit, and then see how the market reacts, you should have both some assets and some liquid assets and be ready for any market condition.
Everyone has a different analysis about the crypto market, I agree with you, we can take profits when we reach the target and hold some of it just in case the price turns out to rise even higher. This is what I'm doing currently. so I also still plan to buy some potential altcoins.
3
I'd give Arsenal a slightly higher chances of reaching for the title. Sure, it's all in Man City's hands, if they can withstand the pressure and win all the remaining games, the title is theirs and there's nothing Arsenal/Liverpool can do about it. But I don't think people here realise how hard it will be for them to win all the remaining 4 games. They can't even afford to have a one draw as they'd lose to Arsenal by the goal difference.
The Tottenham match is the hardest in theory, but other teams can be unpredictable too. West Ham did get a proper beating last time from Arsenal (6-0), but let's not forget they defeated Arsenal in their first game in December and they also managed to steal points from Liverpool only 3 days ago.
It's not going to be a walk in the park for the City.
Well, even for Man City, things will definitely still be difficult. The remaining matches at the end of the season will not be the same as the matches at the start of the season. Because at the end of the season, sometimes winning is very important for any team. So usually all teams will fight better at the end of the season. So Man City's journey to win all the remaining matches will not be as easy as expected. Because everything is still very difficult for us to predict at this time.
4
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« Last post by legend45 on Today at 05:35:46 PM »
Bitcoin halving is complete and during this season of halving many investors took different decisions about their investments. There are many investors who sold their investments due to fear of further losses and there are some investors who held on to their investments. If I talk about my plan this halving season I would say this season I held my investment and I trusted the market. The market did not disappoint me as much as I had faith in the market although there was some dumping in the market but I accepted this dumping as such pumping and dumping is a very normal thing in investment. I hope that I can properly implement the plan that I stocked and kept bitcoins during this halving season.
I am also still holding my bitcoin and some altcoins at the moment, although I also sold some of my bitcoin when it hit the new ATH at $73K. There are many strategies and decisions that we should be able to take in conditions like this, but it all depends on what decision you choose, hold or sell, the risk is yours.
5


Phishing emails are common even if you don't know about the crypto, as the attacker are alway looking for innocent targets.

Scammers will continue to do this they know that there will always be newbies that will be enticed to connect their wallets and claims, another scheme of these airdrops is launching task campaigns to increase the followers of their social media or their clients, some airdrops are even referral based.
People should stop doing worthless airdrops if the platform does not have utility or usage or they are being used to do tasks like bounty campaigns.
6
Comfy win by Chelsea yesterday now puts Tottenham under a little bit of presure and unsecurity on whether or not they'll manage to keep their current 5th place in the table.
The Spurs have lost 3 games in a row and reduced their gap over 6th Man United to 6 points, which is not really a safe position, as Tottenham is playing Liverpool next and Man City on 14th, so most likely they'll lose 6 points there.
The fact that Tottenham lost three games in a row may actually motivate them to not want to lose more games. The players will play with more urgency and sensitivity, knowing that losing more games will not put them in an uncomfortable position that they will not like to end this season in. So the next two teams that they will face will really face a lot of pressure from them.

We were all busy talking about how Manchester City, Arsenal and Liverpool had Tottenham to play, We did not see things from the side of a Tottenham supporter that they had the toughest fixtures ending this season playing the three big teams.
7
Cryptocurrency Trading / Re: Do professional traders lose money?
« Last post by legend45 on Today at 05:32:54 PM »
I agree, they are professional and have a lot of experience, but that doesn't mean they will avoid losing money. No matter how great they are, I think they still experience unexpected things, considering that the market is very difficult to predict.

They can only minimize risks, not completely avoid risks. and when they experience something undesirable, they will recover more quickly because their mentality is already well formed.
No matter how professional a trader is in trading, he can definitely lose money. When I am sure of something I can guarantee that I will achieve 100% success in it but no matter how experienced a trader is in trading he can never be certain or sure. An experienced trader has no way of saying with certainty that the market will move forward in the way he predicts. Since experienced traders cannot say anything for sure, we have to believe that experienced traders can lose money by trading. But I agree with your point that their money risk is much less because they do enough research on the market and their research is likely to be very accurate. That is why there is a lot of difference between a new trader and an experienced trader and experienced traders can always achieve success in trading.
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
8
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9
If we enter a bearish season, we should keep holding our coins and if we have free money we can buy coins at a cheaper price. because as is the habit of the crypto market after the halving, we wait a year to see the bullish season, so be patient
I prefer to hold USDT or fiat money and buy during the bearish season at the lowest price. If I keep all assets in the form of cryptocurrency then it is very, very dangerous. Bearish season will cause many coins including altcoins to fall to their base price.
A good time is a good time to buy, so preparing USD during a bearish season is the right way. And for those who are still accumulating money in crypto, chances are they haven't sold it during the bull season. So that's normal, we should think that if there is a bearish situation at the moment, it won't last long because we haven't seen a bullish top yet.
10
I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.
Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.
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