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Messages - taufik123

Pages: [1] 2 3 ... 34
1
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: Today at 04:31:45 PM »
Quote from: alltalk on Today at 12:15:09 PM
-snip-
DCA is a good strategy for the long term holding. It is also suitable for people who have limited funds. We can apply DCA on our Bitcoin investment if it looks suitable with our condition.  ;)
It is very suitable if you have a reserve of funds that is possible, because DCA is done slowly, buying gradually at any price level with a predetermined time Or you can also buy when the price is in correction.

Always do the management correctly then the plan to do DCA will go well.
Sometimes some people just buy without thinking about how much to buy and how much to keep for backup.

2
Basic Questions about Cryptos / Re: Are Bitcoins a good investment?
« on: Today at 03:56:23 PM »
Quote from: Dr.Bitcoin_Strange on May 14, 2024, 10:54:55 PM
-snip-
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
HODL for the long term, but not HODL for life.
There should be a price target that needs to be achieved, even if it's long-term.

I also hold bitcoin for the long term, buying again when the price drops dramatically like the last few weeks,
but still targeting the price to take profits.

The target that needs to be achieved for now is a new ATH at $100k, and that's quite realistic.

3
Bitcoin Forum / Re: Halving - Do you still believe in the previous pattern?
« on: Today at 03:42:07 PM »
Quote from: Zed0X on May 14, 2024, 02:30:36 PM
I remember that trader's name when I was still actively following prices on an almost daily/weekly basis. He seems reliable unlike those who only appear during bullruns but, anyway, everything is still speculation. If I have to bet, I would rather choose to respect the halving and its previous cycles.
All of these are processes and previous cycles are a snapshot of how the bitcoin price will go.
People who are too skeptical of bitcoin's decline after the halving, of course, they don't know how the previous cycle happened.

It's not always the same, but bulls will soon arrive and bitcoin will start getting rid of those who don't believe.

4
Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« on: Today at 03:40:17 AM »
del

5
Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!
« on: May 14, 2024, 11:47:31 PM »
Quote from: bayu7adi on May 13, 2024, 11:34:12 AM
Currently I am still confident in Bitcoin, but what I worry about is if this season's bullrun becomes Bitcoin's last bullrun forever, that would be like a nightmare too. We've seen a lot of bad news lately, and government regulations have never given up on bringing Bitcoin down. This bombardment is what makes me a little concerned and I want to prepare for the last bullrun which might happen this year.
If you are worried about the last Bullrun and are afraid that the price of bitcoin will drop drastically after that,
then you need to prepare to take the profits that you will target.

But before that you need to fill your bag as fully as possible now, set the main target and take the profit when it has been achieved.
My main target for the last ATH is $100k and after that I will just see how the bitcoin market develops, whether it will go down after the big Bullrun or will it just standby and continue to reach new ATH again.

6
Cryptocurrency discussions / Re: What do you think of crypto messaging apps?
« on: May 13, 2024, 06:49:16 PM »
Quote from: Lucius on May 13, 2024, 03:46:51 PM
-snip-
but I'm afraid that a lot of users don't understand the concept of custodial vs. non-custodial wallets, and that by using such apps they can live in the delusion that their funds are safe.

My opinion is that such things should not be mixed, but it is up to everyone to choose what to use and in what way.
Beginners probably won't understand the concept, they just use it and transfer their assets to it and think it's a secure wallet because it's in their own account.

Even though looking at the reality that is happening today, many account hacks are happening and of course wallets that have been integrated with the account will also be accessible.

How dangerous this would be if without having good security and not realizing that what they deposited would be vulnerable to being hacked by others and losing it all.

Everyone does have a free choice to use any application or wallet that is integrated with chat applications etc.
But people who really care about the security of their assets will certainly think where is the best place to store assets and have complete control.

7
Basic Questions about Cryptos / Re: A wallet as a container of money or exchange?
« on: May 13, 2024, 08:26:56 AM »
Quote from: DabsPoorVersion on May 13, 2024, 12:00:01 AM
-snip-
Better to use a wallet than using CEX to store assets. By doing this, the only one who hold our fund is ourselves, not the exchange or anyone.
And for better security, then keep the seed phrase in the best place, and only you know so that it will remain safe for the backups you have.
Don't lose the key, People only care about where they store assets but don't care about their security.

Quote from: bayu7adi on May 13, 2024, 06:51:50 AM
-snip-
As Mr @taufik said, we also need to spread the word to store our assets, so that if there is a wallet that is vulnerable to security, at least our assets don't collapse 100% because of this.

Choosing many different wallets and including exchange wallets too, I don't think is a big problem.
Yes socialization is important, but not everyone can get it, sometimes we ourselves as wallet owners have to know what to do.
Learn how to secure valuable wallets and secure assets, so that they remain safe and only you can control them.

8
Cryptocurrency discussions / Re: What do you think of crypto messaging apps?
« on: May 13, 2024, 08:04:58 AM »
It is quite interesting, and I use telegram with a crypto wallet that I have activated.
But the crypto wallet generated on telegram cannot be exported to another crypto wallet and you will also not get a seed phrase.

That means we as wallet owners do not have full access to the wallet and only Telegram knows.
I don't really use it for my main assets, just use it to explore TONS of space and the ecosystem within it with the minimum funds I send to my telegram wallet



9
Basic Questions about Cryptos / Re: [GUIDE] What are Crypto Airdrops?
« on: May 13, 2024, 06:49:12 AM »
Quote from: armanda90 on May 12, 2024, 10:44:34 PM
-snip-
I think not worth joining airdrop estimate dollar behind participants not limit, better depend on coins supply such as 2% or 5% allocated to community and airdrop participants.
Yes it is better and clearer how many airdrops are allocated, but of course there will be a limit to how many participants for the airdrop.
If there is no limit it will only be a very small reward, because many participants work on more than one account or do farming airdrops.

10
Signature Campaigns / Re: [CFNP] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign
« on: May 13, 2024, 06:41:18 AM »
Quote from: julerz12 on May 13, 2024, 06:00:40 AM
You guys can also try this new animated Avatar.  ;D

Download
Nice avatars, has many new avatars but now with a touch of animation.
Good Job julerz12

11
Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!
« on: May 13, 2024, 04:05:47 AM »
Quote from: bayu7adi on May 09, 2024, 05:40:28 PM
-snip-
Always prepare yourself to face the worst possibility, because it can still be difficult to get even a small profit, especially if you have to hope for a big profit with the new ATH predictions, the majority of which have predictions that are too high.
You should always be prepared for any worst, but with the expectation of a big profit it depends on where your initial price comes in.
If you're hoping for big gains on the new ATH, that's still pretty reasonable for now.

The last ATH was at $73k and waiting for the ATH to reach $100k with a target until 2025 it can still be achieved, as long as it remains consistent to keep buying more when the price is going down as it is today. 
No prediction is too high, it just depends on how strong and confident you are holding out for the price to be reached.

12
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 12, 2024, 11:58:51 PM »
Quote from: $crypto$ on May 10, 2024, 01:46:12 PM
-snip-
However, trading depends on ourselves, whether we will win or lose depends on our analysis of the market. But the difference is that our time will probably be more flexible than a real job.
And also depends on how the strategy used and their mentality in trading.
Sometimes people who are new to the world of trading are confident at the beginning, but when they encounter some difficulties and it turns out that the price prediction is not what they want, their psychology will slowly be quite disturbed, and they will be more likely to panic when the price continues to fall.

Work as a trader is indeed more flexible and can be done anytime and anywhere, but related to the risk this will depend on how everyone learns it.

13
Basic Questions about Cryptos / Re: A wallet as a container of money or exchange?
« on: May 12, 2024, 11:45:03 PM »
Quote from: MrSpasybo on May 10, 2024, 01:19:05 AM
-snip-
The only problem is that investors should choose the most reputable CEXs and spread the risk by using multiple CEXs. The collapse of Mt.Gox and FTX is the best warning for all users, after all, CEXs are just a place to trade, not a place to store too many assets.
I also use a lot of tier 1 CEXs and related to that risk depends on how each CEX provides security and compensation for its users.
But CEX is not recommended to be used as a storage place for main assets, because it is very risky.
Seeing how Mt.Gox and FTX are, as you said, it can be a lesson so that we as users are more careful and concerned about the assets we have.

14
Cryptocurrency Trading / Re: Trading is not the only way to make money. Here is why!
« on: May 12, 2024, 11:37:33 PM »
Quote from: Vx1 on May 12, 2024, 04:48:36 PM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
Giving up just because of the initial loss on the trade or not getting a profit on the airdrop or bounty is an obstacle why one cannot succeed in crypto.

I myself even pretty much got a loss at the beginning and I consider it a learning process, a lot of airdrops that don't pay and are just scams etc.
That way we will know what to do, and it will be even better to choose which project is suitable, trade well and correctly so that it will get a profit.

15
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: May 12, 2024, 05:27:03 AM »
Quote from: EnergyFather on May 12, 2024, 03:43:17 AM
Not gambling. It's just another kind of trading approach. Swing trading is a type of trading in which positions are held for a few days or weeks in order to capture short- to medium-term profits in financial securities. Swing traders use technical analysis to make trading decisions. The style of swing trading lies somewhere between day trading and trend trading.
Gambling is clearly different from the swing trading method.
I've also been with the swing trading method because it's more suitable for me.
You can see how the market works, determine where our initial price to enter or determine the bottom support to enter then sell at the top resistance price.

I usually use TF 15M - TF 1H for swing trading, so it's not too long.
But it is also necessary to do capital management to re-buy when prices cannot be predicted and continue to fall.

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