Quote from: Rubel007 on May 02, 2024, 06:58:56 AM

The Chinese government's attitude towards crypto won't change so easily. But if that changes, it could lead to a revolution in cryptocurrency. But what I understand is why crypto is being discouraged in that country. It has now become a diplomatic issue. Since the US has a positive view on crypto, the Chinese government will never take it positively. This is the main problem. But if the Chinese government were to favor its country's miners, the country would benefit the most from crypto and add a new dimension to cryptocurrencies. I hope that the attitude of the government of that country will definitely change in the future.

China has experienced times when it accepted crypto, but due to environmentally damaging mining reasons and other issues, ultimately banned it from being accepted. Maybe it's certain that they want to be able to master or control crypto, especially Bitcoin, but they can't do it and this is a problem in itself for the future of crypto development in their country. So, because their country's system is that power rests with the state, no one will be able to intervene in any decision made by the highest leadership, in contrast to European/US countries which may be flexible in dealing with crypto.
We believe that one day China will be able to accept crypto again, but it's not easy to know when that will happen.

It's true, they realize that the very limited supply of bitcoin will have a negative impact on their economic condition. If they continue to give permission for the use of bitcoin, Bitcoin will be used by China's enemies to destroy China. So China's move to not give permission to Bitcoin is quite the right decision.

Quote from: Thyplaymaker on March 16, 2024, 07:05:47 PM

Everyone knows we are in the bull run Bitcoin halving is close by , and alot of people have sold their coins due to
the tempting increase in market recently while some are still holding.

So if I may ask , who's still holding and who have sold their coin?

Let's have some discussion about HODLing.

Usually Bitcoin is held by a few large whales, usually Bitcoin is held long-term by large holders. Those who have long held Bitcoin since 2015 are the only current whale investors. You can become an investor, because if you accumulate bitcoins now, you will also have a mountain of wealth in the future. A Bitcoin holder usually invests for the long term and there are many investors who invest for the short term.

It's true, usually whales try to hold very large amounts of Bitcoin assets, but sometimes whales also prefer to sell their assets quickly, as happened with Geryscale some time ago. Popes can do whatever they want because the money they have is unlimited.

Quote from: bayu7adi on May 08, 2024, 10:18:24 AM

Quote from: MRY on May 08, 2024, 08:56:29 AM

Exactly, investing in coins has the potential to be the most appropriate way to enjoy the benefits of cryptocurrency. As long as the coins we buy are good, like Bitcoin, BNB, Ethereum and Solana, we will still make a profit.

No, it is strategy that is the key to whether we will win or lose in trading. If good coins are managed with a bad strategy, of course they will result in losses because knowledge is more important than what coins are chosen. A professional with very advanced knowledge will be able to maximize all the opportunities that exist on certain coins.

Coins with high transaction volumes and high popularity may determine their fundamental strength. So long-term investors still consider the popularity and progress of the related con roadmap.

Actually, in my opinion, knowledge and the coins chosen also really determine victory in trading. but for professionals, they prioritize knowledge first, because they have good knowledge and experience so they can choose good and potential coins for trading. So both of them play a very important role in investing and trading.

When trading, I don't really care about what coin I choose. It's clear that Bitcoin is the best because I see there is a very good opportunity that when Bitcoin becomes harder to get, the price will increase.

Quote from: EthereumDev_ on May 03, 2024, 05:58:07 AM

Quote from: yohananaomi on May 02, 2024, 07:33:06 AM

Quote from: pacar_tiri on April 27, 2024, 11:49:19 PM

Quote from: yohananaomi on April 24, 2024, 10:00:41 PM

We always appreciate that they can't do it like Binance. It all depends on their personality, because this assistance is clearly for a noble purpose. Maybe now they haven't had the chance,, maybe in the future, and we don't know.
You are right, that being greedy and feeling like everything is certainly not good and agree that Binance has taken a step forward to remind everyone that they can do that too.
But everything is returned to each individual in responding to it, and we must continue to respect that.

That's right, by respecting what Binance does, it's good enough because not all exchange platforms are capable of doing things like this. Binance has become a pioneer as an exchange place that has good human nature and we have to respect that.

Binance has been a pioneer in being able to provide humanitarian assistance so that what is done will contribute to Binance as well, so that many of its users become more loyal to continue using it because of what is contributed by its loyal users.
Hopefully, it will be followed by many others with assistance in other situations too, because humanitarian programs like this are still very much needed.

After I researched further, there are many large cryptocurrency markets that carry out humanitarian programs. Some of the markets are;
Coinbase and Market use a program called Coinbase Giving which focuses on improving education and the economy using cryptocurrency.
Next there is Kraken which uses the Kraken Charitable Foundation program to provide assistance to those affected by natural disasters.
And there are others too many for me to mention them all.

I think the more people who do this for humanity is certainly very good. As you said from everything that has been done. Of course, this will not stop when the situation improves, because there are still many humanitarian projects that can be carried out continuously, because there are always difficulties at all times. There is and needs to be intervention not only between countries but those involved in crypto, so that crypto can become more attention than usual because of these contributions.

As long as the humanitarian program is still running well and according to what was planned, it will give good results, but if there are bad actions, such as taking some of the money from this humanitarian program, this will make this program end with bad results.

Quote from: Dr.Bitcoin_Strange on January 21, 2024, 10:01:36 PM

There is a popular saying that a tree cannot make a forest.

Bitcoin was doing well without the altcoins and the creation of Altcoins causes the deviation of bitcoin from the real course of invention. Bitcoin was created to pay things online to remove inflation in the world and also to reduce the government control of currency. And today that purpose of bitcoin to pay things is not found in anywhere in the world except few. And this is caused by the creation of Ordinals and the competitive cryptocurrency market caused by altcoins. The real purpose of bitcoin was very good for all but investment has taken over the market. Though the bitcoin helps altcoins to grow because when bitcoin rise altcoins also rise and I don't really for the idealis school of thought that altcoins also helps bitcoin. I will not agree with that part of the thought. If there was no competition bitcoin would have been a good avenue to reduce government power in the economy.

It's true, Bitcoin will continue to do well as you say, but for traders this won't go well because the price of bitcoin is too expensive making it difficult for them to grow assets in cryptocurrency, with altcoins traders have the opportunity to grow assets their cryptocurrency. With the development of altcoins, it can also be an alternative for making transactions if you don't want to use bitcoin because the transaction costs may be quite high.

Quote from: Jamal Aezaz on May 04, 2024, 08:45:36 PM

Quote from: legend45 on May 03, 2024, 08:08:04 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

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

Quote from: Jamal Aezaz on May 04, 2024, 07:25:05 PM

Quote from: de_prof on May 03, 2024, 04:39:53 AM

If you feel Bitcoin is too expensive to buy, it's best to buy it according to your ability or according to the funds you have. Because in the next few years, the price of bitcoin will be more expensive than today. buy while you can and it's still cheap, because the price of bitcoin will probably be more than $100K

Everyone can buy Bitcoin according to his saved cash and there is no burden or force of investment on any person until he makes the decision of buying by himself. Decrease and increase can happen anytime but I think in future there will be more inflation and you will also be not able to buy Bitcoin at that So if you have some money then buy it now as in future the price will be higher.

Just put a little amount which you can easily manage but if you don't have any money then don't think to take money from others to invest in bitcoin because that will become a burden for you and you will not be able to enjoy your Bitcoin investment.

I agree with your opinion, if you want to buy bitcoin for the future, then you should buy it when the price is still low. but currently the price of bitcoin is high. Maybe at the end of next year we will experience a bearish season, at that time you can buy bitcoin at its lowest point and hold for the long term. because the price of bitcoin will be more expensive in the future.

Unfortunately, at this time low prices still cannot be obtained, current market conditions still make the price of bitcoin have the potential to rise, there must be bad news circulating so that it will cause the price of bitcoin in the market to fall further and have a bad influence on traders who are starting to panic and sell their assets at cheap prices.